# EDGAR Filing Document

**Accession Number:** 0001845809
**File Stem:** 0000940400-25-014953
**Filing Date:** 2025-12
**Character Count:** 183452
**Document Hash:** 75f4c6ae423cbf4f10dd564548027990
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014953.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000940400-25-014953

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Putnam ETF Trust
- **CENTRAL INDEX KEY:** 0001845809

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23643
- **FILM NUMBER:** 251606227

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111
- **BUSINESS PHONE:** 6177601060

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111

## Series and Classes Contracts Data

### Putnam ESG Ultra Short ETF (Series ID: S000077299)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000237596 | -            |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Putnam ETF Trust

- **b. Investment Company Act file number:** 811-23643

- **c. CIK number of Registrant:** 0001845809

- **d. LEI of Registrant:** 549300EMFKH8ETCKNO35

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Putnam ESG Ultra Short ETF

- **b. EDGAR series identifier (if any):** S000077299

- **c. LEI of Series:** 549300NQ9F4P4U3AVO48

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $194456379.87

**Total Liabilities:** $1650619.16

**Net Assets:** $192805760.71

**Delayed Delivery Securities:** $379806.20

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1297.14757000 | **1-Year:** 16663.96848000 | **5-Year:** 5553.46396000 | **10-Year:** 268.05638000 | **30-Year:** 651.04659000

**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 C000237596 | 0.52%                | 0.42%                | 0.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-396.27                 | $218241.68                                 |
| Month 2  | $6398.70                 | $30196.45                                  |
| Month 3  | $-7630.76                | $-59832.64                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMERICAN EXPRESS CO                 | American Express Co                                       | CUSIP: 025816DX4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    309000 | PA      | $311512.21    | 0.16%             | 2028-07-26      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                      | Home Depot Inc/The                                        | CUSIP: 437076DH2<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    135000 | PA      | $134676.77    | 0.07%             | 2028-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                 | JPMorgan Chase & Co                                       | CUSIP: 46647PET9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    633000 | PA      | $634257.35    | 0.33%             | 2029-01-24      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL E 0 11/25           | ALEXANDRIA REAL E 0 11/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1380000 | PA      | $1379521.14   | 0.72%             | 2025-11-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK              | Canadian Imperial Bank of Commerce                        | CUSIP: 13607PHU1<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    549000 | PA      | $550798.74    | 0.29%             | 2027-09-11      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                 | American Express Co                                       | CUSIP: 025816DQ9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    465000 | PA      | $467059.57    | 0.24%             | 2028-02-16      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA             | Hyundai Capital America                                   | CUSIP: 44891ADE4<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    628000 | PA      | $630238.78    | 0.33%             | 2027-06-24      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Citizens Auto Receivables Trus      | Citizens Auto Receivables Trust 2024-1                    | CUSIP: 17331QAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    165861 | PA      | $166713.64    | 0.09%             | 2028-04-17      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                 | American Tower Corp                                       | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     77000 | PA      | $76511.23     | 0.04%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD DI 11/24/2025           | NUTRIEN LTD DI 11/24/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $264270.99    | 0.14%             | 2025-11-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                  | BMW US Capital LLC                                        | CUSIP: 05565ECU7<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    425000 | PA      | $428581.56    | 0.22%             | 2027-03-19      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE 0 11/25                 | EXTRA SPACE 0 11/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249630.88    | 0.13%             | 2025-11-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BPCE SA                             | BPCE SA                                                   | CUSIP: 05571AAQ8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    440000 | PA      | $449243.66    | 0.23%             | 2027-10-19      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                | Westpac Banking Corp                                      | CUSIP: 961214FM0<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    206000 | PA      | $206048.80    | 0.11%             | 2025-11-17      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| VERALTO CORP                        | Veralto Corp                                              | CUSIP: 92338CAB9<br>LEI: 635400FJE6GSOJUSNY27 | Long             | DBT              | CORP              | US        |    426000 | PA      | $430723.91    | 0.22%             | 2026-09-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UBS AG STAMFORD CT                  | UBS AG/Stamford CT                                        | CUSIP: 90261AAD4<br>LEI: 254900R882POXXVAK772 | Long             | DBT              | CORP              | CH        |    275000 | PA      | $277218.92    | 0.14%             | 2028-01-10      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                    | Deutsche Bank AG/New York NY                              | CUSIP: 25160PAP2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    265000 | PA      | $266059.75    | 0.14%             | 2029-01-10      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| RYDER SYS INC 11/07/2025            | RYDER SYS INC 11/07/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $304754.48    | 0.16%             | 2025-11-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE              | American Honda Finance Corp                               | CUSIP: 02665WGH8<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    435000 | PA      | $435986.08    | 0.23%             | 2027-08-13      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motorcycle Tru      | Harley-Davidson Motorcycle Trust 2023-B                   | CUSIP: 41285YAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     87610 | PA      | $88291.70     | 0.05%             | 2028-08-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                      | Morgan Stanley                                            | CUSIP: 61748UAJ1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    575000 | PA      | $575859.22    | 0.30%             | 2029-10-18      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL              | Marriott International Inc/MD                             | CUSIP: 571903BV4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250834.60    | 0.13%             | 2027-07-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO L           | PENSKE TRUCK LEASING CO L                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $269623.89    | 0.14%             | 2025-11-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust        | Ford Credit Auto Owner Trust 2022-C                       | CUSIP: 34535AAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    967000 | PA      | $968799.39    | 0.50%             | 2027-12-15      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA            | Cooperatieve Rabobank UA                                  | CUSIP: 21684AAF3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $348621.44    | 0.18%             | 2026-07-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP            | Toyota Motor Credit Corp                                  | CUSIP: 89236TMR3<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    300000 | PA      | $300353.38    | 0.16%             | 2026-04-10      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGHER & CO             | Arthur J Gallagher & Co                                   | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |    418000 | PA      | $422062.41    | 0.22%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                        | UBS Group AG                                              | CUSIP: 225401AV0<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    555000 | PA      | $575735.22    | 0.30%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEFACTION            | Sabine Pass Liquefaction LLC                              | CUSIP: 785592AV8<br>LEI: 549300KJYBG7C6WJYZ11 | Long             | DBT              | CORP              | US        |     77000 | PA      | $77180.41     | 0.04%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-                | ALIMENTATION COUCHE-                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $279872.04    | 0.15%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                       | DTE Energy Co                                             | CUSIP: 233331BJ5<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    185000 | PA      | $188169.04    | 0.10%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FIN 0 11/25               | BUNGE LTD FIN 0 11/25                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $389550.33    | 0.20%             | 2025-11-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                   | NatWest Group PLC                                         | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    324000 | PA      | $329746.32    | 0.17%             | 2028-03-01      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK             | National Australia Bank Ltd                               | CUSIP: 632525BW0<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    559000 | PA      | $562783.47    | 0.29%             | 2027-10-26      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                   | Eversource Energy                                         | CUSIP: 30040WAV0<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    612000 | PA      | $613898.91    | 0.32%             | 2026-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                 | CUSIP: 89115A2U5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    270000 | PA      | $279712.26    | 0.15%             | 2028-07-17      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                 | Bank of Nova Scotia/The                                   | CUSIP: 06418GAM9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    496000 | PA      | $498584.22    | 0.26%             | 2028-09-08      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| Putnam Government Money Market Fund | Putnam Government Money Market Fund                       | CUSIP: 74680A869<br>LEI: 549300SEUI2XMME8T893 | Long             | STIV             | RF                | US        |    861521 | NS      | $861521.11    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BANK NY                    | Deutsche Bank AG/New York NY                              | CUSIP: 25160PAN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    744000 | PA      | $758077.28    | 0.39%             | 2027-07-13      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS            | Santander UK Group Holdings PLC                           | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $400441.46    | 0.21%             | 2026-11-21      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| WALMART INC                         | Walmart Inc                                               | CUSIP: 931142FM0<br>LEI: Y87794H0US1R65VBXU25 | Long             | DBT              | CORP              | US        |    450000 | PA      | $451685.49    | 0.23%             | 2027-04-28      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA              | Daimler Truck Finance North America LLC                   | CUSIP: 233853AV2<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    417000 | PA      | $420972.43    | 0.22%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LL           | AVIATION CAPITAL GROUP LL                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $439851.72    | 0.23%             | 2025-11-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                        | UBS Group AG                                              | CUSIP: 225401AT5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $248124.62    | 0.13%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi      | GM Financial Consumer Automobile Receivables Trust 2024-2 | CUSIP: 379931AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    353000 | PA      | $355830.07    | 0.18%             | 2029-03-16      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO            | Capital One Financial Corp                                | CUSIP: 14040HCS2<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    735000 | PA      | $742182.39    | 0.38%             | 2028-05-10      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA             | National Bank of Canada                                   | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $250738.39    | 0.13%             | 2027-07-02      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                   | NatWest Group PLC                                         | CUSIP: 639057AJ7<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    892000 | PA      | $896224.04    | 0.46%             | 2027-03-02      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP             | Australia & New Zealand Banking Group Ltd                 | CUSIP: 05252ADL2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    697000 | PA      | $700503.14    | 0.36%             | 2027-07-16      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA             | Hyundai Capital America                                   | CUSIP: 44891ADJ3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    249000 | PA      | $250341.03    | 0.13%             | 2027-09-24      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                 | Bank of Nova Scotia/The                                   | CUSIP: 06418JAA9<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    490000 | PA      | $496843.61    | 0.26%             | 2026-12-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS            | Santander UK Group Holdings PLC                           | CUSIP: 80281LAT2<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    480000 | PA      | $501788.98    | 0.26%             | 2029-01-10      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE 0 12/25                 | EXTRA SPACE 0 12/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $403166.97    | 0.21%             | 2025-12-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                 | JPMorgan Chase & Co                                       | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    370000 | PA      | $372954.53    | 0.19%             | 2028-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                    | Bank of Montreal                                          | CUSIP: 06368L8M1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    834000 | PA      | $837283.84    | 0.43%             | 2027-09-10      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust             | CarMax Auto Owner Trust 2024-2                            | CUSIP: 14319EAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    408000 | PA      | $413642.48    | 0.21%             | 2029-01-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                 | Bank of Nova Scotia/The                                   | CUSIP: 06418GAT4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $400157.74    | 0.21%             | 2028-09-15      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD DI 11/28/2025           | NUTRIEN LTD DI 11/28/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $413662.87    | 0.21%             | 2025-11-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STO 0 11/25             | EXTRA SPACE STO 0 11/25                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $389727.39    | 0.20%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION               | AIR LEASE CORPORATION                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    695000 | PA      | $694507.94    | 0.36%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY             | Cooperatieve Rabobank UA/NY                               | CUSIP: 21688ABA9<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    380000 | PA      | $380313.23    | 0.20%             | 2026-01-09      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL            | Northwestern Mutual Global Funding                        | CUSIP: 66815L2R9<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |    164000 | PA      | $166642.34    | 0.09%             | 2027-03-25      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT            | Sumitomo Mitsui Trust Bank Ltd                            | CUSIP: 86563VBW8<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    610000 | PA      | $616299.74    | 0.32%             | 2027-09-10      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP             | John Deere Capital Corp                                   | CUSIP: 24422EYG8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    410000 | PA      | $411714.98    | 0.21%             | 2028-09-11      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO L           | PENSKE TRUCK LEASING CO L                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    945000 | PA      | $944229.83    | 0.49%             | 2025-11-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                       | DTE Energy Co                                             | CUSIP: 233331BM8<br>LEI: 549300IX8SD6XXD71I78 | Long             | DBT              | CORP              | US        |    340000 | PA      | $344207.63    | 0.18%             | 2027-07-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA              | Daimler Truck Finance North America LLC                   | CUSIP: 233853AX8<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301240.31    | 0.16%             | 2027-09-25      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK              | Canadian Imperial Bank of Commerce                        | CUSIP: 13607L8D8<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    511000 | PA      | $514893.11    | 0.27%             | 2027-06-28      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA            | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    309000 | PA      | $307072.73    | 0.16%             | 2026-01-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOT 0 6/26                  | GENERAL MOT 0 6/26                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $336538.53    | 0.17%             | 2026-06-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP. 0 12/11/2025           | ORACLE CORP. 0 12/11/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $393175.89    | 0.20%             | 2025-12-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO              | General Motors Financial Co Inc                           | CUSIP: 37045XDK9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    347000 | PA      | $341368.06    | 0.18%             | 2026-06-10      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                 | CUSIP: 89115A2T8<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    715000 | PA      | $719387.40    | 0.37%             | 2026-07-17      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| MARS INC                            | Mars Inc                                                  | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    496000 | PA      | $499320.88    | 0.26%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE AMERICA LLC            | ENEL FINANCE AMERICA LLC                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $367934.66    | 0.19%             | 2025-12-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL              | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    315000 | PA      | $317341.08    | 0.16%             | 2028-02-04      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                | Westpac Banking Corp                                      | CUSIP: 961214FX6<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   1020000 | PA      | $1021865.81   | 0.53%             | 2026-10-20      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA             | National Bank of Canada                                   | CUSIP: 63307A3A1<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    905000 | PA      | $912980.10    | 0.47%             | 2027-07-02      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE            | Caterpillar Financial Services Corp                       | CUSIP: 14913UAP5<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145704.73    | 0.08%             | 2026-10-16      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| GENERAL MTRS F 08/07/2026           | GENERAL MTRS F 08/07/2026                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $242094.25    | 0.13%             | 2026-08-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                      | Air Lease Corp                                            | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    719000 | PA      | $716499.41    | 0.37%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                 | JPMorgan Chase & Co                                       | CUSIP: 46647PEN2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    580000 | PA      | $582893.61    | 0.30%             | 2028-10-22      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                        | Barclays PLC                                              | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    384000 | PA      | $384000.00    | 0.20%             | 2026-11-02      | Fixed         | 7.33%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                | Royal Bank of Canada                                      | CUSIP: 78017DAP3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    570000 | PA      | $570489.31    | 0.30%             | 2028-11-03      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                        | Broadcom Inc                                              | CUSIP: 11135FCE9<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    157000 | PA      | $159887.07    | 0.08%             | 2028-04-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA              | Skandinaviska Enskilda Banken AB                          | CUSIP: 830505AZ6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    400000 | PA      | $406231.55    | 0.21%             | 2027-03-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SEMPRA 0% CP 1 11/14/2025           | SEMPRA 0% CP 1 11/14/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $449283.15    | 0.23%             | 2025-11-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING               | Athene Global Funding                                     | CUSIP: 04685A3X7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    397000 | PA      | $403630.81    | 0.21%             | 2027-07-09      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                  | BMW US Capital LLC                                        | CUSIP: 05565ECN3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145516.00    | 0.08%             | 2026-08-13      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                       | Owens Corning                                             | CUSIP: 690742AF8<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    459000 | PA      | $455985.83    | 0.24%             | 2026-08-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP            | Sumitomo Mitsui Financial Group Inc                       | CUSIP: 86562MCR9<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    577000 | PA      | $595357.32    | 0.31%             | 2028-01-13      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                    | ABN AMRO Bank NV                                          | CUSIP: 00084DBJ8<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    335000 | PA      | $335728.36    | 0.17%             | 2028-07-07      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 0 11/26/2025               | PHILLIPS 0 11/26/2025                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    435000 | PA      | $433704.14    | 0.22%             | 2025-11-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AEGON FUNDING CO LLC                | AEGON Funding Co LLC                                      | CUSIP: 00775VAA2<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | DBT              | CORP              | US        |    590000 | PA      | $599712.46    | 0.31%             | 2027-04-16      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                   | State Street Corp                                         | CUSIP: 857477CQ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    172000 | PA      | $172520.38    | 0.09%             | 2027-10-22      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL              | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KDG2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76377.52     | 0.04%             | 2028-02-04      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY               | Wells Fargo & Co                                          | CUSIP: 95000U3U5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    869000 | PA      | $881265.42    | 0.46%             | 2029-04-23      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi      | GM Financial Consumer Automobile Receivables Trust 2022-2 | CUSIP: 362585AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     14020 | PA      | $14008.48     | 0.01%             | 2027-02-16      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE            | Caterpillar Financial Services Corp                       | CUSIP: 14913UAT7<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |    643000 | PA      | $645065.12    | 0.33%             | 2027-11-15      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| BELL CDA DISC 11/20/2025            | BELL CDA DISC 11/20/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $264407.99    | 0.14%             | 2025-11-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 539439AM1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    285000 | PA      | $285052.17    | 0.15%             | 2025-12-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Tr      | World Omni Auto Receivables Trust 2024-A                  | CUSIP: 98164RAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    757349 | PA      | $761204.30    | 0.39%             | 2029-03-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                    | Bank of Montreal                                          | CUSIP: 06368MJH8<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    757000 | PA      | $759354.19    | 0.39%             | 2029-01-27      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC              | UnitedHealth Group Inc                                    | CUSIP: 91324PFE7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    411000 | PA      | $411415.83    | 0.21%             | 2026-07-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING             | Corebridge Global Funding                                 | CUSIP: 00138CAW8<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    510000 | PA      | $513680.36    | 0.27%             | 2026-09-25      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                        | CaixaBank SA                                              | CUSIP: 12803RAA2<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    275000 | PA      | $286106.00    | 0.15%             | 2029-01-18      | Fixed         | 6.21%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                     | CVS Health Corp                                           | CUSIP: 126650DF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    646000 | PA      | $639791.93    | 0.33%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL              | Marriott International Inc/MD                             | CUSIP: 571903BM4<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35398.94     | 0.02%             | 2026-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                 | American Tower Corp                                       | CUSIP: 03027XBV1<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    244000 | PA      | $242280.76    | 0.13%             | 2027-03-15      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| UDR INC DISC C 11/04/2025           | UDR INC DISC C 11/04/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $344844.06    | 0.18%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                         | Netflix Inc                                               | CUSIP: 64110LAN6<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55248.55     | 0.03%             | 2026-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                        | Illumina Inc                                              | CUSIP: 452327AQ2<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |    322000 | PA      | $322922.09    | 0.17%             | 2026-09-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP            | Toyota Motor Credit Corp                                  | CUSIP: 89236TML6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    397000 | PA      | $398632.56    | 0.21%             | 2026-08-07      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| BELL CDA DISC 11/19/2025            | BELL CDA DISC 11/19/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $329300.07    | 0.17%             | 2025-11-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                           | ONEOK Inc                                                 | CUSIP: 682680BJ1<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24896.03     | 0.01%             | 2028-11-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                 | MACQUARIE GROUP LTD                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $247739.50    | 0.13%             | 2026-01-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                 | Bank of Nova Scotia/The                                   | CUSIP: 06418GAG2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    671000 | PA      | $674400.56    | 0.35%             | 2027-06-04      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA            | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    705000 | PA      | $694277.70    | 0.36%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                        | Barclays PLC                                              | CUSIP: 06738ECF0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    554000 | PA      | $558392.38    | 0.29%             | 2027-05-09      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receiva      | Capital One Prime Auto Receivables Trust 2023-1           | CUSIP: 14043KAH8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    267767 | PA      | $268705.25    | 0.14%             | 2028-02-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                    | Deutsche Bank AG/New York NY                              | CUSIP: 25160PAH0<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    370000 | PA      | $362293.09    | 0.19%             | 2028-01-07      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                | Mercedes-Benz Finance North America LLC                   | CUSIP: 58769JAP2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    360000 | PA      | $360479.75    | 0.19%             | 2026-01-09      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| SIEMENS FUNDING BV                  | Siemens Funding BV                                        | CUSIP: 82622RAB2<br>LEI: 213800CCRGH2TO338X64 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $200392.60    | 0.10%             | 2028-05-26      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING               | Athene Global Funding                                     | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    871000 | PA      | $877978.90    | 0.46%             | 2027-01-07      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                 | Intesa Sanpaolo SpA                                       | CUSIP: 46115HBU0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    322000 | PA      | $322404.89    | 0.17%             | 2025-11-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                      | Morgan Stanley                                            | CUSIP: 61747YEZ4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    520000 | PA      | $520785.58    | 0.27%             | 2027-01-28      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I             | Metropolitan Life Global Funding I                        | CUSIP: 592179KM6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301694.98    | 0.16%             | 2027-06-11      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| LENNAR CORP                         | Lennar Corp                                               | CUSIP: 526057CT9<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |    877000 | PA      | $877514.69    | 0.46%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES               | Huntington Bancshares Inc/OH                              | CUSIP: 446150BB9<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120522.24    | 0.06%             | 2028-08-04      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                   | NatWest Group PLC                                         | CUSIP: 639057AM0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    470000 | PA      | $473127.21    | 0.25%             | 2028-03-01      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FI 0 05/26           | GENERAL MOTORS FI 0 05/26                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $244670.50    | 0.13%             | 2026-05-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE OP CO                | Public Storage Operating Co                               | CUSIP: 74464AAA9<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              | CORP              | US        |    380000 | PA      | $381260.78    | 0.20%             | 2027-04-16      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| BPCE SA                             | BPCE SA                                                   | CUSIP: 05583JAN2<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    819000 | PA      | $821204.94    | 0.43%             | 2027-01-18      | Fixed         | 5.97%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                     | Chevron USA Inc                                           | CUSIP: 166756BC9<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    433000 | PA      | $434377.15    | 0.23%             | 2028-02-26      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES             | Royal Caribbean Cruises Ltd                               | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    403000 | PA      | $402622.72    | 0.21%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA            | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    595000 | PA      | $574693.69    | 0.30%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                  | Banco Santander SA                                        | CUSIP: 05964HAX3<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    600000 | PA      | $613844.87    | 0.32%             | 2027-11-07      | Fixed         | 6.53%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T      | Honda Auto Receivables 2023-1 Owner Trust                 | CUSIP: 43815JAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    242793 | PA      | $243446.73    | 0.13%             | 2027-04-21      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                        | AES CORP/THE                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1370000 | PA      | $1369515.02   | 0.71%             | 2025-11-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                    | Societe Generale SA                                       | CUSIP: 83368RAK8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    315000 | PA      | $313613.31    | 0.16%             | 2027-01-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                           | ONEOK Inc                                                 | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    414000 | PA      | $419066.78    | 0.22%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| KROGER CO                           | Kroger Co/The                                             | CUSIP: 501044DC2<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199502.54    | 0.10%             | 2026-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY             | Cooperatieve Rabobank UA/NY                               | CUSIP: 21688ABK7<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $255647.14    | 0.13%             | 2028-01-21      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA            | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    690000 | PA      | $700737.62    | 0.36%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                | Bank of America Corp                                      | CUSIP: 06051GKH1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135903.51    | 0.07%             | 2028-02-04      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| RIO TINTO FIN USA PLC               | Rio Tinto Finance USA PLC                                 | CUSIP: 76720AAY2<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    310000 | PA      | $313192.27    | 0.16%             | 2028-03-14      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE              | American Honda Finance Corp                               | CUSIP: 02665WFW6<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    632000 | PA      | $632912.98    | 0.33%             | 2028-03-03      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                   | Brown & Brown Inc                                         | CUSIP: 115236AH4<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |    205000 | PA      | $205886.47    | 0.11%             | 2026-12-23      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCH                | INTERCONTINENTALEXCH                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    685000 | PA      | $684034.84    | 0.35%             | 2025-11-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                         | Oracle Corp                                               | CUSIP: 68389XCX1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    445000 | PA      | $447346.40    | 0.23%             | 2028-08-03      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                      | Air Lease Corp                                            | CUSIP: 00914AAW2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    557000 | PA      | $560641.38    | 0.29%             | 2026-06-25      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INC.                      | HONEYWELL INTERNATIONAL I                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $338288.44    | 0.18%             | 2025-12-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                       | Amphenol Corp                                             | CUSIP: 032095AT8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    470000 | PA      | $474010.86    | 0.25%             | 2028-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY             | Nationwide Building Society                               | CUSIP: 63861VAM9<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $201631.22    | 0.10%             | 2029-07-14      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                 | American Express Co                                       | CUSIP: 025816EJ4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    280000 | PA      | $281748.24    | 0.15%             | 2029-07-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BELL CDA DISC 11/24/2025            | BELL CDA DISC 11/24/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $393939.03    | 0.20%             | 2025-11-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA              | Skandinaviska Enskilda Banken AB                          | CUSIP: 830505BA0<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $201453.25    | 0.10%             | 2027-03-05      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORA 0 11/25           | EXTRA SPACE STORA 0 11/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $413804.80    | 0.21%             | 2025-11-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTL 11/13/2025            | MARRIOTT INTL 11/13/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    580000 | PA      | $579121.88    | 0.30%             | 2025-11-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TARGET CORP                         | Target Corp                                               | CUSIP: 87612EBU9<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | DBT              | CORP              | US        |    283000 | PA      | $285696.61    | 0.15%             | 2028-06-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                  | Banco Santander SA                                        | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    600000 | PA      | $603533.41    | 0.31%             | 2028-07-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INC.                      | HONEYWELL INTERNATIONAL I                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $338327.54    | 0.18%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL              | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101107.17    | 0.05%             | 2027-09-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK            | Huntington National Bank/The                              | CUSIP: 44644MAL5<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    830000 | PA      | $829871.40    | 0.43%             | 2028-04-12      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL              | Banque Federative du Credit Mutuel SA                     | CUSIP: 06675DCQ3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    454000 | PA      | $455628.38    | 0.24%             | 2028-10-16      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO              | General Motors Financial Co Inc                           | CUSIP: 37045XEF9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    426000 | PA      | $427924.79    | 0.22%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP               | Truist Financial Corp                                     | CUSIP: 89788MAN2<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    493000 | PA      | $498080.92    | 0.26%             | 2027-06-08      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                 | CUSIP: 89115A2K7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     59000 | PA      | $59089.01     | 0.03%             | 2026-01-09      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust        | Ford Credit Auto Owner Trust 2025-B                       | CUSIP: 34532BAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    352000 | PA      | $351941.02    | 0.18%             | 2028-06-15      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                        | CaixaBank SA                                              | CUSIP: 12803RAB0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    968000 | PA      | $987722.42    | 0.51%             | 2027-09-13      | Fixed         | 6.68%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                        | Barclays PLC                                              | CUSIP: 06738ECJ2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    690000 | PA      | $702766.36    | 0.36%             | 2027-09-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                        | ING Groep NV                                              | CUSIP: 456837AH6<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    515000 | PA      | $513748.41    | 0.27%             | 2027-03-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                | Mercedes-Benz Finance North America LLC                   | CUSIP: 58769JAU1<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    263000 | PA      | $266205.63    | 0.14%             | 2027-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL              | Banque Federative du Credit Mutuel SA                     | CUSIP: 06675DCR1<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    330000 | PA      | $333566.00    | 0.17%             | 2028-10-16      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON NATIONAL BANK            | Huntington National Bank/The                              | CUSIP: 44644MAK7<br>LEI: 2WHM8VNJH63UN14OL754 | Long             | DBT              | CORP              | US        |    275000 | PA      | $277475.36    | 0.14%             | 2028-04-12      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                         | BNP Paribas SA                                            | CUSIP: 09659W3B8<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    695000 | PA      | $701120.73    | 0.36%             | 2029-05-09      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL              | Mondelez International Inc                                | CUSIP: 609207BF1<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    645000 | PA      | $647684.63    | 0.34%             | 2028-05-06      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI               | US Bank NA/Cincinnati OH                                  | CUSIP: 90331HPP2<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $1108830.17   | 0.58%             | 2027-10-22      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                         | Truist Bank                                               | CUSIP: 89788JAG4<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |    550000 | PA      | $550750.89    | 0.29%             | 2028-07-24      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP             | Australia & New Zealand Banking Group Ltd                 | CUSIP: 05252ADS7<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    445000 | PA      | $447097.89    | 0.23%             | 2028-06-18      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                        | ING Groep NV                                              | CUSIP: 456837BJ1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $504068.51    | 0.26%             | 2027-09-11      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| ORACLE CO 0 11/25                   | ORACLE CO 0 11/25                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $374289.75    | 0.19%             | 2025-11-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                | WEC Energy Group Inc                                      | CUSIP: 92939UAM8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    214000 | PA      | $216491.36    | 0.11%             | 2026-09-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE CORP                | PROTECTIVE LIFE CORP                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $519634.96    | 0.27%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN            | MassMutual Global Funding II                              | CUSIP: 57629TBS5<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |    400000 | PA      | $401648.40    | 0.21%             | 2027-04-09      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                 | JPMorgan Chase & Co                                       | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    537000 | PA      | $539965.17    | 0.28%             | 2028-04-22      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB            | Svenska Handelsbanken AB                                  | CUSIP: 86959LAT0<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |    465000 | PA      | $467889.58    | 0.24%             | 2028-05-23      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                        | Synopsys Inc                                              | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75527.73     | 0.04%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T      | Honda Auto Receivables 2024-1 Owner Trust                 | CUSIP: 437918AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    106995 | PA      | $107938.41    | 0.06%             | 2028-08-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO              | General Motors Financial Co Inc                           | CUSIP: 37045XEW2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350744.06    | 0.18%             | 2027-07-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY             | Nationwide Building Society                               | CUSIP: 63861VAJ6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |   1049000 | PA      | $1070502.58   | 0.56%             | 2027-10-18      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                         | Netflix Inc                                               | CUSIP: 64110LAT3<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    321000 | PA      | $337766.93    | 0.18%             | 2028-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                        | UBS Group AG                                              | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    225000 | PA      | $230191.16    | 0.12%             | 2027-12-22      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| MIZUHO MARKETS CAYMAN               | Mizuho Markets Cayman LP                                  | CUSIP: 60700JDE2<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |    310000 | PA      | $310134.14    | 0.16%             | 2026-05-01      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL            | Northwestern Mutual Global Funding                        | CUSIP: 66815L2Y4<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |    420000 | PA      | $421611.17    | 0.22%             | 2028-08-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI               | US Bank NA/Cincinnati OH                                  | CUSIP: 90331HPS6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |    545000 | PA      | $549792.99    | 0.29%             | 2028-05-15      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY             | Cooperatieve Rabobank UA/NY                               | CUSIP: 21688ABG6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    660000 | PA      | $661796.53    | 0.34%             | 2026-08-28      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA            | Cooperatieve Rabobank UA                                  | CUSIP: 74977RDN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $297905.24    | 0.15%             | 2028-04-06      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| RTX CORP                            | RTX Corp                                                  | CUSIP: 75513ECQ2<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    121000 | PA      | $121205.72    | 0.06%             | 2026-02-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP              | Mitsubishi UFJ Financial Group Inc                        | CUSIP: 606822CL6<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    630000 | PA      | $639340.33    | 0.33%             | 2028-07-20      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL              | Protective Life Global Funding                            | CUSIP: 743672AE7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    233000 | PA      | $233278.08    | 0.12%             | 2026-04-10      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                 | American Express Co                                       | CUSIP: 025816DC0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     43000 | PA      | $43061.52     | 0.02%             | 2026-02-13      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust      | Hyundai Auto Receivables Trust 2023-B                     | CUSIP: 44933XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    359087 | PA      | $361691.62    | 0.19%             | 2028-04-17      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| BELL CDA DISC 11/05/2025            | BELL CDA DISC 11/05/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $269847.72    | 0.14%             | 2025-11-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced       | Volkswagen Auto Loan Enhanced Trust 2023-2                | CUSIP: 92867YAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     18652 | PA      | $18664.61     | 0.01%             | 2027-03-22      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE              | American Honda Finance Corp                               | CUSIP: 02665WFS5<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    257000 | PA      | $257328.28    | 0.13%             | 2027-10-22      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                    | Societe Generale SA                                       | CUSIP: 83368RBQ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    605000 | PA      | $607031.41    | 0.31%             | 2027-01-12      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                | Boston Properties LP                                      | CUSIP: 10112RAY0<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    220000 | PA      | $217074.69    | 0.11%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO FRN 08/26           | INTESA SANPAOLO FRN 08/26                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |    680000 | PA      | $681078.48    | 0.35%             | 2026-08-19      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                 | American Express Co                                       | CUSIP: 025816EE5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    190000 | PA      | $192410.20    | 0.10%             | 2029-04-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL            | Penske Truck Leasing Co Lp / PTL Finance Corp             | CUSIP: 709599BL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $264665.52    | 0.14%             | 2025-11-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                | Mercedes-Benz Finance North America LLC                   | CUSIP: 58769JBE6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    260000 | PA      | $264085.32    | 0.14%             | 2028-03-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PPG INDUSTRIES INC                  | PPG INDS INC 0% CP 07/11/2025                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249800.00    | 0.13%             | 2025-11-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                | Royal Bank of Canada                                      | CUSIP: 78017FZR7<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    552000 | PA      | $553835.96    | 0.29%             | 2027-10-18      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP             | Australia & New Zealand Banking Group Ltd                 | CUSIP: 05252ADM0<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    655000 | PA      | $658325.55    | 0.34%             | 2027-09-30      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA            | Volkswagen Group of America Finance LLC                   | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    595000 | PA      | $595563.47    | 0.31%             | 2026-03-20      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC             | Jefferies Financial Group Inc                             | CUSIP: 47233WKM0<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    790000 | PA      | $790765.98    | 0.41%             | 2026-08-11      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                 | American Express Co                                       | CUSIP: 025816DD8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |     19000 | PA      | $19013.91     | 0.01%             | 2026-02-13      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                | Boston Properties LP                                      | CUSIP: 10112RAX2<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |    771000 | PA      | $769460.64    | 0.40%             | 2026-02-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP              | Bank of New York Mellon Corp/The                          | CUSIP: 06406RBY2<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    293000 | PA      | $293893.81    | 0.15%             | 2028-07-21      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                  | Realty Income Corp                                        | CUSIP: 756109AZ7<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394855.79    | 0.20%             | 2026-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                         | BNP Paribas SA                                            | CUSIP: 09659W2C7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    643000 | PA      | $633638.61    | 0.33%             | 2027-11-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RYDER SYS INC 11/04/2025            | RYDER SYS INC 11/04/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $339846.32    | 0.18%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                    | Deutsche Bank AG/New York NY                              | CUSIP: 251526CE7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    724000 | PA      | $723025.19    | 0.38%             | 2026-11-24      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB            | Svenska Handelsbanken AB                                  | CUSIP: 86959LAR4<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |    370000 | PA      | $371596.55    | 0.19%             | 2027-05-28      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                  | Banco Santander SA                                        | CUSIP: 05964HBA2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    200000 | PA      | $203239.99    | 0.11%             | 2028-03-14      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                          | Sprint LLC                                                | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    140000 | PA      | $140000.00    | 0.07%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY             | Nationwide Building Society                               | CUSIP: 63861VAL1<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    414000 | PA      | $414949.32    | 0.22%             | 2029-07-14      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| KROGER CO                           | Kroger Co/The                                             | CUSIP: 501044DE8<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | DBT              | CORP              | US        |     62000 | PA      | $61178.50     | 0.03%             | 2026-10-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                 | Dominion Energy Inc                                       | CUSIP: 25746UDY2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    175000 | PA      | $176934.41    | 0.09%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 539439AY5<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202552.71    | 0.11%             | 2027-08-07      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON             | Bank of New York Mellon/The                               | CUSIP: 06405LAF8<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250527.13    | 0.13%             | 2027-04-20      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO            | Capital One Financial Corp                                | CUSIP: 14040HDB8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    690000 | PA      | $708878.08    | 0.37%             | 2027-10-29      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST             | GA Global Funding Trust                                   | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    570000 | PA      | $570723.05    | 0.30%             | 2027-09-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                    | ABN AMRO Bank NV                                          | CUSIP: 00084DBD1<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $507102.06    | 0.26%             | 2028-12-03      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                      | Morgan Stanley                                            | CUSIP: 61761J3R8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     49000 | PA      | $48688.43     | 0.03%             | 2026-07-27      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I             | Metropolitan Life Global Funding I                        | CUSIP: 592179KD6<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150188.46    | 0.08%             | 2026-01-06      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                        | Broadcom Inc                                              | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    506000 | PA      | $514522.01    | 0.27%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC              | Philip Morris International Inc                           | CUSIP: 718172EB1<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350452.96    | 0.18%             | 2028-10-27      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES              | PNC Financial Services Group Inc/The                      | CUSIP: 693475BL8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    820000 | PA      | $820702.80    | 0.43%             | 2027-01-26      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                        | ING Groep NV                                              | CUSIP: 456837BF9<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $203042.34    | 0.11%             | 2027-09-11      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                      | Aon Global Ltd                                            | CUSIP: 00185AAK0<br>LEI: VVT2B79I2Z4U3R6BY589 | Long             | DBT              | CORP              | GB        |     60000 | PA      | $59971.76     | 0.03%             | 2025-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SEMPRA                              | SEMPRA                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249431.25    | 0.13%             | 2025-11-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                 | JPMorgan Chase & Co                                       | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    395000 | PA      | $403099.62    | 0.21%             | 2028-04-22      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                      | Home Depot Inc/The                                        | CUSIP: 437076CY6<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |    155000 | PA      | $155067.30    | 0.08%             | 2025-12-24      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $302434.03    | 0.16%             | 2027-08-07      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                  | Macquarie Bank Ltd                                        | CUSIP: 55608PBY9<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    540000 | PA      | $542932.65    | 0.28%             | 2028-06-12      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI               | US Bank NA/Cincinnati OH                                  | CUSIP: 90331HPT4<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352105.09    | 0.18%             | 2028-05-15      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| ALEXANDRIA REAL ESTATE E            | ALEXANDRIA REAL ESTATE EQUITIES INC                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $329464.25    | 0.17%             | 2025-11-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG            | New York Life Global Funding                              | CUSIP: 64953BBL1<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    955000 | PA      | $959346.34    | 0.50%             | 2027-04-02      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA              | Goldman Sachs Bank USA/New York NY                        | CUSIP: 38151LAE0<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150263.41    | 0.08%             | 2027-03-18      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                   | NatWest Group PLC                                         | CUSIP: 639057AU2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200792.33    | 0.10%             | 2029-05-23      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                         | ORACLE CORP                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $279374.48    | 0.14%             | 2025-11-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                  | Pacific Life Global Funding II                            | CUSIP: 6944PL3A5<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |     86000 | PA      | $86449.17     | 0.04%             | 2027-02-05      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO L 0 11/25           | ESSEX PORTFOLIO L 0 11/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $724588.20    | 0.38%             | 2025-11-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust              | Chase Auto Owner Trust 2024-3                             | CUSIP: 16144LAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     74430 | PA      | $74556.15     | 0.04%             | 2027-09-27      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi      | GM Financial Consumer Automobile Receivables Trust 2022-3 | CUSIP: 36265WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    698000 | PA      | $696524.64    | 0.36%             | 2027-12-16      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                | Bank of America Corp                                      | CUSIP: 06051GLE7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    820000 | PA      | $821227.89    | 0.43%             | 2027-01-20      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                     | United States Treasury Note/Bond                          | CUSIP: 91282CKK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2105000 | PA      | $2115528.45   | 1.10%             | 2026-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                       | UniCredit SpA                                             | CUSIP: 904678AB5<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    210000 | PA      | $210860.39    | 0.11%             | 2027-04-12      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MID-AMER APTS 11/10/2025            | MID-AMER APTS 11/10/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    445000 | PA      | $444494.48    | 0.23%             | 2025-11-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC            | Marsh & McLennan Cos Inc                                  | CUSIP: 571748BZ4<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |    259000 | PA      | $260279.56    | 0.13%             | 2027-11-08      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENT 11/13/2025           | INTERCONTINENT 11/13/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $404379.34    | 0.21%             | 2025-11-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                | BOSTON PROPERTIES LP                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    655000 | PA      | $654550.67    | 0.34%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO            | Capital One Financial Corp                                | CUSIP: 14040HCZ6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    413000 | PA      | $432935.18    | 0.22%             | 2029-06-08      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE              | American Honda Finance Corp                               | CUSIP: 02665WGA3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    210000 | PA      | $210303.95    | 0.11%             | 2026-12-11      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                    | Bank of Montreal                                          | CUSIP: 06368MXW9<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    811000 | PA      | $811623.62    | 0.42%             | 2028-09-22      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                      | Lowe's Cos Inc                                            | CUSIP: 548661EU7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    330000 | PA      | $329346.02    | 0.17%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK              | Canadian Imperial Bank of Commerce                        | CUSIP: 13607PJ21<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    410000 | PA      | $412494.50    | 0.21%             | 2029-03-30      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| OWENS CORNING                       | Owens Corning                                             | CUSIP: 690742AN1<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | DBT              | CORP              | US        |    145000 | PA      | $147979.92    | 0.08%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA              | Goldman Sachs Bank USA/New York NY                        | CUSIP: 38151LAH3<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |    678000 | PA      | $679363.54    | 0.35%             | 2027-05-21      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                   | Hyatt Hotels Corp                                         | CUSIP: 448579AQ5<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    690000 | PA      | $702077.46    | 0.36%             | 2027-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust      | Hyundai Auto Receivables Trust 2023-A                     | CUSIP: 448979AD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130346 | PA      | $130468.45    | 0.07%             | 2027-04-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| MID-AMER APTS 11/06/2025            | MID-AMER APTS 11/06/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    490000 | PA      | $489666.31    | 0.25%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUC 0 11/25           | ALIMENTATION COUC 0 11/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    275000 | PA      | $274589.15    | 0.14%             | 2025-11-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANCO BILBAO VIZCAYA ARG            | Banco Bilbao Vizcaya Argentaria SA                        | CUSIP: 05946KAL5<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $413672.24    | 0.21%             | 2028-09-14      | Fixed         | 6.14%                 | No            |                  2 | On Loan: No      |
| PFIZER INVESTMENT ENTER             | Pfizer Investment Enterprises Pte Ltd                     | CUSIP: 716973AB8<br>LEI: 5493000FQO8XF9C0RT95 | Long             | DBT              | CORP              | SG        |    872000 | PA      | $873419.49    | 0.45%             | 2026-05-19      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                | Royal Bank of Canada                                      | CUSIP: 78017DAB4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    739000 | PA      | $740301.39    | 0.38%             | 2029-01-24      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD DI 11/21/2025           | NUTRIEN LTD DI 11/21/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249399.75    | 0.13%             | 2025-11-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA              | Daimler Truck Finance North America LLC                   | CUSIP: 233853BG4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    205000 | PA      | $205558.74    | 0.11%             | 2027-08-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                 | CUSIP: 89115KAF7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    548000 | PA      | $548848.65    | 0.28%             | 2028-10-13      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC             | Goldman Sachs Group Inc/The                               | CUSIP: 38141GD50<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500490.01    | 0.26%             | 2029-10-21      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE 0 11/25           | BUNGE LTD FINANCE 0 11/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $319085.12    | 0.17%             | 2025-11-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES 0 11/25           | BOSTON PROPERTIES 0 11/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $289834.99    | 0.15%             | 2025-11-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE              | American Honda Finance Corp                               | CUSIP: 02665WGB1<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |    475000 | PA      | $475812.98    | 0.25%             | 2026-05-20      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD DI 11/12/2025           | NUTRIEN LTD DI 11/12/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    505000 | PA      | $504307.14    | 0.26%             | 2025-11-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHEVRON USA INC                     | Chevron USA Inc                                           | CUSIP: 166756BM7<br>LEI: VA8TZDWPEZYU430RZ444 | Long             | DBT              | CORP              | US        |    350000 | PA      | $351456.04    | 0.18%             | 2028-08-13      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                        | ING Groep NV                                              | CUSIP: 456837BP7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    910000 | PA      | $913210.34    | 0.47%             | 2029-03-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner T      | Honda Auto Receivables 2023-4 Owner Trust                 | CUSIP: 438123AC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    513672 | PA      | $519225.22    | 0.27%             | 2028-06-21      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA              | Daimler Truck Finance North America LLC                   | CUSIP: 233853BB5<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |    355000 | PA      | $355420.68    | 0.18%             | 2028-01-13      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                        | ING Groep NV                                              | CUSIP: 456837BQ5<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $202700.01    | 0.11%             | 2029-03-25      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                      | Starbucks Corp                                            | CUSIP: 855244BE8<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |    555000 | PA      | $555606.75    | 0.29%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP             | John Deere Capital Corp                                   | CUSIP: 24422EXS3<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    607000 | PA      | $609567.90    | 0.32%             | 2027-06-11      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA              | Goldman Sachs Bank USA/New York NY                        | CUSIP: 38151LAG5<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | DBT              | CORP              | US        |    130000 | PA      | $130840.70    | 0.07%             | 2027-05-21      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                | Enel Finance International NV                             | CUSIP: 29278GBF4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $199483.41    | 0.10%             | 2028-09-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MIZUHO MARKETS CAYMAN               | Mizuho Markets Cayman LP                                  | CUSIP: 60700JFW0<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |    605000 | PA      | $604915.30    | 0.31%             | 2026-11-16      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                 | Georgia-Pacific LLC                                       | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    115000 | PA      | $115857.59    | 0.06%             | 2028-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                        | Barclays PLC                                              | CUSIP: 06738ECQ6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    255000 | PA      | $257715.64    | 0.13%             | 2028-03-12      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING               | Athene Global Funding                                     | CUSIP: 04685A4M0<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    744000 | PA      | $745216.16    | 0.39%             | 2028-03-06      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                   | State Street Corp                                         | CUSIP: 857477CE1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     97000 | PA      | $97342.14     | 0.05%             | 2026-08-03      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL              | Protective Life Global Funding                            | CUSIP: 74368CBZ6<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    450000 | PA      | $452730.30    | 0.23%             | 2027-09-13      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION 0 11/25                | ALIMENTATION 0 11/25                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    250000 | PA      | $249654.50    | 0.13%             | 2025-11-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL              | Banque Federative du Credit Mutuel SA                     | CUSIP: 06675DCL4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    515000 | PA      | $518680.29    | 0.27%             | 2028-02-16      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY               | Wells Fargo & Co                                          | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    750000 | PA      | $766534.81    | 0.40%             | 2028-04-22      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                  | BMW US Capital LLC                                        | CUSIP: 05565ECX1<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    706000 | PA      | $709890.86    | 0.37%             | 2028-03-21      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                        | UBS Group AG                                              | CUSIP: 225401AC2<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    820000 | PA      | $820778.28    | 0.43%             | 2028-01-09      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                     | CVS Health Corp                                           | CUSIP: 126650CU2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    182000 | PA      | $180555.16    | 0.09%             | 2026-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA              | Morgan Stanley Bank NA                                    | CUSIP: 61690U8D5<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    384000 | PA      | $386432.17    | 0.20%             | 2028-07-14      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| BELL TELEPHONE CO OF CANA           | BELL TELEPHONE CO OF CANA                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    410000 | PA      | $409674.46    | 0.21%             | 2025-11-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MIZUHO MARKETS CAYMAN               | Mizuho Markets Cayman LP                                  | CUSIP: 60700JFT7<br>LEI: 549300KHUXLS6Q30KT26 | Long             | DBT              | CORP              | KY        |    535000 | PA      | $535370.32    | 0.28%             | 2026-10-09      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL              | Banque Federative du Credit Mutuel SA                     | CUSIP: 06675FBA4<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $506115.40    | 0.26%             | 2026-07-13      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                  | Credit Agricole SA                                        | CUSIP: 22535WAL1<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    950000 | PA      | $955411.24    | 0.50%             | 2028-09-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA             | Hyundai Capital America                                   | CUSIP: 44891ACX3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    674000 | PA      | $683303.63    | 0.35%             | 2027-03-19      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                  | Credit Agricole SA                                        | CUSIP: 22534PAE3<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    435000 | PA      | $439463.05    | 0.23%             | 2026-07-05      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                        | Barclays PLC                                              | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    310000 | PA      | $309981.60    | 0.16%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CAIXABANK SA                        | CaixaBank SA                                              | CUSIP: 12803RAK0<br>LEI: 7CUNS533WID6K7DGFI87 | Long             | DBT              | CORP              | ES        |    892000 | PA      | $898580.30    | 0.47%             | 2029-07-03      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY             | Nationwide Building Society                               | CUSIP: 63861VAG2<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    420000 | PA      | $423071.14    | 0.22%             | 2028-02-16      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                 | CUSIP: 89115A3F7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    690000 | PA      | $692915.38    | 0.36%             | 2028-01-31      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                  | Essex Portfolio LP                                        | CUSIP: 29717PAQ0<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    209000 | PA      | $208018.73    | 0.11%             | 2026-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                         | PNC Bank NA                                               | CUSIP: 69353RFZ6<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251287.83    | 0.13%             | 2028-07-21      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| INTESA                              | INTESA SANPAOLO FUNDING L                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $599136.60    | 0.31%             | 2025-11-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MID-AMER APTS 11/04/2025            | MID-AMER APTS 11/04/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $404818.16    | 0.21%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                        | ING Groep NV                                              | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $200483.29    | 0.10%             | 2027-04-01      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN GROUP INC             | Jefferies Financial Group Inc                             | CUSIP: 47233WKS7<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    740000 | PA      | $743472.05    | 0.39%             | 2026-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BUNGLE LTD FINANC 0 12/25           | BUNGLE LTD FINANC 0 12/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    530000 | PA      | $528119.03    | 0.27%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                      | Morgan Stanley                                            | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    950000 | PA      | $969786.43    | 0.50%             | 2028-04-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| CVS CORP                            | CVS HEALTH CORP                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    545000 | PA      | $544803.26    | 0.28%             | 2025-11-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 539439BD0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $202862.96    | 0.11%             | 2029-06-13      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL 11/04/2025            | FIDELITY NATL 11/04/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $339847.34    | 0.18%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC 0 11/07/2025           | NISOURCE INC 0 11/07/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    410000 | PA      | $409669.95    | 0.21%             | 2025-11-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA             | Hyundai Capital America                                   | CUSIP: 44891ACZ8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    346000 | PA      | $346956.61    | 0.18%             | 2027-03-19      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                         | PNC Bank NA                                               | CUSIP: 69353RFW3<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250111.80    | 0.13%             | 2027-01-15      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner       | Nissan Auto Receivables 2025-A Owner Trust                | CUSIP: 65481GAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    214000 | PA      | $214217.64    | 0.11%             | 2028-02-15      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC             | Goldman Sachs Group Inc/The                               | CUSIP: 38141GWB6<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    161000 | PA      | $160532.97    | 0.08%             | 2027-01-26      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG            | New York Life Global Funding                              | CUSIP: 64953BCA4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    435000 | PA      | $437744.29    | 0.23%             | 2028-07-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| AUST & NZ BANKING GROUP             | Australia & New Zealand Banking Group Ltd                 | CUSIP: 052528AK2<br>LEI: JHE42UYNWWTJB8YTTU19 | Long             | DBT              | CORP              | AU        |    530000 | PA      | $530460.90    | 0.28%             | 2026-05-19      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                 | Bank of Nova Scotia/The                                   | CUSIP: 064159HB5<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    230000 | PA      | $230042.04    | 0.12%             | 2025-12-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GEORGIA POWER CO                    | Georgia Power Co                                          | CUSIP: 373334KZ3<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |    160000 | PA      | $160077.01    | 0.08%             | 2026-09-15      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK              | Canadian Imperial Bank of Commerce                        | CUSIP: 13607LWT6<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    553000 | PA      | $562817.85    | 0.29%             | 2026-10-02      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK NA                 | Fifth Third Bank NA                                       | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504610.55    | 0.26%             | 2028-01-28      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Loan Enhanced       | Volkswagen Auto Loan Enhanced Trust 2024-1                | CUSIP: 92868RAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    146566 | PA      | $146909.92    | 0.08%             | 2027-11-22      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA            | Volkswagen Group of America Finance LLC                   | CUSIP: 928668CK6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    966000 | PA      | $969103.47    | 0.50%             | 2026-08-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD 4.71%            | MACQUARIE BANK LTD 4.71%                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250180.90    | 0.13%             | 2026-05-14      | Fixed         | 0.47%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                  | Realty Income Corp                                        | CUSIP: 756109BQ6<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |     84000 | PA      | $84014.62     | 0.04%             | 2026-01-13      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                         | Oracle Corp                                               | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    265000 | PA      | $262434.83    | 0.14%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA            | Volkswagen Group of America Finance LLC                   | CUSIP: 928668CV2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    310000 | PA      | $310714.51    | 0.16%             | 2027-09-11      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                  | Meta Platforms Inc                                        | CUSIP: 30303M8G0<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |     78000 | PA      | $77603.45     | 0.04%             | 2027-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC 0 11/25                 | OVINTIV INC 0 11/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249904.25    | 0.13%             | 2025-11-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                      | Morgan Stanley                                            | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150818.70    | 0.08%             | 2028-04-13      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                         | Truist Bank                                               | CUSIP: 89788JAF6<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |    461000 | PA      | $462870.37    | 0.24%             | 2028-07-24      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL             | Southern Co Gas Capital Corp                              | CUSIP: 8426EPAJ7<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89870.70     | 0.05%             | 2028-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi      | GM Financial Consumer Automobile Receivables Trust 2023-1 | CUSIP: 38013JAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    127584 | PA      | $127896.86    | 0.07%             | 2028-02-16      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner       | Toyota Auto Receivables 2022-C Owner Trust                | CUSIP: 89231CAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     56564 | PA      | $56527.25     | 0.03%             | 2027-04-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                | Mercedes-Benz Finance North America LLC                   | CUSIP: 58769JBD8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    260000 | PA      | $261207.36    | 0.14%             | 2027-04-01      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                         | PNC Bank NA                                               | CUSIP: 69353RFX1<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    525000 | PA      | $525492.39    | 0.27%             | 2027-01-15      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK NA                 | Fifth Third Bank NA                                       | CUSIP: 31677QBV0<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500574.56    | 0.26%             | 2028-01-28      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK             | National Australia Bank Ltd                               | CUSIP: 632525BQ3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    250000 | PA      | $250629.51    | 0.13%             | 2027-06-11      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| PACIFIC LIFE GF II                  | Pacific Life Global Funding II                            | CUSIP: 6944PL2V0<br>LEI: 6354003EUPCHXTWUU869 | Long             | DBT              | CORP              | US        |    400000 | PA      | $402251.99    | 0.21%             | 2026-07-28      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL              | Banque Federative du Credit Mutuel SA                     | CUSIP: 06675DCH3<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    450000 | PA      | $453071.41    | 0.23%             | 2027-01-23      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE GLOBAL FDG            | New York Life Global Funding                              | CUSIP: 64953BBV9<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    468000 | PA      | $471688.19    | 0.24%             | 2028-04-25      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| CNO GLOBAL FUNDING                  | CNO Global Funding                                        | CUSIP: 18977W2G4<br>LEI: 6354008GTNR4833ULD48 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187427.88    | 0.10%             | 2027-12-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN            | Rogers Communications Inc                                 | CUSIP: 775109BE0<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    160000 | PA      | $159851.82    | 0.08%             | 2025-12-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SCHWAB CHARLES 06/05/2025           | SCHWAB CHARLES 06/05/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $394400.79    | 0.20%             | 2025-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                    | Societe Generale SA                                       | CUSIP: 83368RBZ4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $808219.07    | 0.42%             | 2027-02-19      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                         | Truist Bank                                               | CUSIP: 89788JAE9<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |    670000 | PA      | $671457.32    | 0.35%             | 2027-05-20      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                         | Cargill Inc                                               | CUSIP: 141781CC6<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |    370000 | PA      | $370934.67    | 0.19%             | 2028-02-11      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 53944YBC6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    345000 | PA      | $350801.72    | 0.18%             | 2028-11-26      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                        | Barclays PLC                                              | CUSIP: 06738EBY0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $204112.11    | 0.11%             | 2028-08-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OVINTIV INC 0 11/25                 | OVINTIV INC 0 11/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $264864.59    | 0.14%             | 2025-11-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 539439BC2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    270000 | PA      | $270832.52    | 0.14%             | 2029-06-13      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK              | Canadian Imperial Bank of Commerce                        | CUSIP: 13607LWU3<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    230000 | PA      | $231863.30    | 0.12%             | 2026-10-02      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                 | Georgia-Pacific LLC                                       | CUSIP: 37331NAN1<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |    119000 | PA      | $117099.02    | 0.06%             | 2026-05-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                  | Credit Agricole SA                                        | CUSIP: 22534PAH6<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $253700.17    | 0.13%             | 2027-03-11      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                     | CVS Health Corp                                           | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    124000 | PA      | $124191.88    | 0.06%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC 0 11/05/2025           | NISOURCE INC 0 11/05/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $354798.36    | 0.18%             | 2025-11-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA             | Hyundai Capital America                                   | CUSIP: 44891ABZ9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    116000 | PA      | $113383.29    | 0.06%             | 2026-09-17      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOL 01/13/2026           | INTESA SANPAOL 01/13/2026                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    538000 | PA      | $538813.99    | 0.28%             | 2026-01-13      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL              | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KAT7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    470000 | PA      | $466545.68    | 0.24%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC                 | PayPal Holdings Inc                                       | CUSIP: 70450YAR4<br>LEI: 5493005X2GO78EFZ3E94 | Long             | DBT              | CORP              | US        |    265000 | PA      | $265917.93    | 0.14%             | 2028-03-06      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                | Bank of America Corp                                      | CUSIP: 06051GMN6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    721000 | PA      | $722687.99    | 0.37%             | 2029-01-24      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                | Mercedes-Benz Finance North America LLC                   | CUSIP: 58769JBB2<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    408000 | PA      | $411642.92    | 0.21%             | 2026-11-13      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY             | Cooperatieve Rabobank UA/NY                               | CUSIP: 21688ABN1<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    265000 | PA      | $266051.50    | 0.14%             | 2027-05-27      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BAYER CORPORATION 0 7/26            | BAYER CORPORATION 0 7/26                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    880000 | PA      | $854283.76    | 0.44%             | 2026-07-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL FLAVORS & F           | INTERNATIONAL FLAVORS & F                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249319.00    | 0.13%             | 2025-11-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 539439BB4<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200926.85    | 0.10%             | 2028-11-26      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust             | Carmax Auto Owner Trust 2022-2                            | CUSIP: 14317HAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      7098 | PA      | $7095.20      | 0.00%             | 2027-02-16      | Fixed         | 3.49%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                  | Credit Agricole SA                                        | CUSIP: 22534PAJ2<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    294000 | PA      | $295224.22    | 0.15%             | 2027-03-11      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK               | Toronto-Dominion Bank/The                                 | CUSIP: 89115A3B6<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $501696.66    | 0.26%             | 2026-12-17      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| MACQUARIE BANK LTD                  | Macquarie Bank Ltd                                        | CUSIP: 55608PBQ6<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |    465000 | PA      | $472176.47    | 0.24%             | 2026-12-07      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE SA                  | Credit Agricole SA                                        | CUSIP: 22535WAM9<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    290000 | PA      | $291785.90    | 0.15%             | 2028-09-11      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES             | Royal Caribbean Cruises Ltd                               | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    229000 | PA      | $229689.67    | 0.12%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                        | UBS Group AG                                              | CUSIP: 225401AF5<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    460000 | PA      | $456842.20    | 0.24%             | 2029-01-12      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST               | Camden Property Trust                                     | CUSIP: 133131BA9<br>LEI: 5493002MYX22OHYJBD89 | Long             | DBT              | CORP              | US        |    811000 | PA      | $824721.29    | 0.43%             | 2026-11-03      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                       | Amphenol Corp                                             | CUSIP: 032095AV3<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     95000 | PA      | $95208.56     | 0.05%             | 2027-11-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                 | American Express Co                                       | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    280000 | PA      | $281181.60    | 0.15%             | 2027-07-28      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                | Howmet Aerospace Inc                                      | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    629000 | PA      | $642796.19    | 0.33%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                       | Amphenol Corp                                             | CUSIP: 032095AW1<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    285000 | PA      | $284154.62    | 0.15%             | 2027-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP              | Mitsubishi UFJ Financial Group Inc                        | CUSIP: 606822CE2<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |    545000 | PA      | $544506.21    | 0.28%             | 2028-04-19      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP              | Bank of New York Mellon Corp/The                          | CUSIP: 06406RCD7<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    335000 | PA      | $335207.25    | 0.17%             | 2028-06-09      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC             | Goldman Sachs Group Inc/The                               | CUSIP: 38141GVX9<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11136.34     | 0.01%             | 2027-10-28      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| SOCIETE GENERALE                    | Societe Generale SA                                       | CUSIP: 83368RCA8<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    350000 | PA      | $351081.99    | 0.18%             | 2027-02-19      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| USB Auto Owner Trust                | USB Auto Owner Trust 2025-1                               | CUSIP: 90367VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    206000 | PA      | $206470.26    | 0.11%             | 2028-06-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                      | Lowe's Cos Inc                                            | CUSIP: 548661ET0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    335000 | PA      | $334522.43    | 0.17%             | 2027-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner       | Toyota Auto Receivables 2025-D Owner Trust                | CUSIP: 89231GAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    572000 | PA      | $572164.05    | 0.30%             | 2028-08-15      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING             | Corebridge Global Funding                                 | CUSIP: 00138CAY4<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |    475000 | PA      | $478584.29    | 0.25%             | 2026-06-24      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE I 11/13/2025           | CROWN CASTLE I 11/13/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    405000 | PA      | $404347.55    | 0.21%             | 2025-11-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY               | Wells Fargo & Co                                          | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    412000 | PA      | $413161.77    | 0.21%             | 2028-01-24      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| REALTY INCOME CORP                  | Realty Income Corp                                        | CUSIP: 756109BF0<br>LEI: 549300CUWDAUZSH43859 | Long             | DBT              | CORP              | US        |    624000 | PA      | $625511.45    | 0.32%             | 2026-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP              | Bank of New York Mellon Corp/The                          | CUSIP: 06406RCH8<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201320.58    | 0.10%             | 2028-06-09      | Fixed         | 4.44%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                 | Bank of Nova Scotia/The                                   | CUSIP: 06418GAR8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    325000 | PA      | $325638.48    | 0.17%             | 2029-02-14      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                    | ABN AMRO Bank NV                                          | CUSIP: 00084DBE9<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    560000 | PA      | $561921.98    | 0.29%             | 2028-12-03      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II            | Principal Life Global Funding II                          | CUSIP: 7425APAC9<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    570000 | PA      | $570384.04    | 0.30%             | 2028-08-18      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES              | PNC Financial Services Group Inc/The                      | CUSIP: 693475BY0<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    190000 | PA      | $191094.27    | 0.10%             | 2027-07-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                     | Nordea Bank Abp                                           | CUSIP: 65558RAF6<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    200000 | PA      | $201032.00    | 0.10%             | 2027-03-19      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST              | Commonwealth Bank of Australia                            | CUSIP: 2027A0KV0<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    418000 | PA      | $417906.67    | 0.22%             | 2026-11-27      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                    | ABN AMRO Bank NV                                          | CUSIP: 00084DBA7<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    800000 | PA      | $814287.50    | 0.42%             | 2027-09-18      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| GM Financial Consumer Automobi      | GM Financial Consumer Automobile Receivables Trust 2024-1 | CUSIP: 36268GAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    273095 | PA      | $274598.48    | 0.14%             | 2028-12-18      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                     | Nordea Bank Abp                                           | CUSIP: 65558RAM1<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    260000 | PA      | $261527.71    | 0.14%             | 2028-03-17      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP                   | State Street Corp                                         | CUSIP: 857477CZ4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    210000 | PA      | $211006.32    | 0.11%             | 2028-04-24      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                | Bank of America Corp                                      | CUSIP: 06051GLV9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    753000 | PA      | $763924.05    | 0.40%             | 2027-09-15      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BANK             | National Australia Bank Ltd                               | CUSIP: 632525CL3<br>LEI: F8SB4JFBSYQFRQEH3Z21 | Long             | DBT              | CORP              | AU        |    405000 | PA      | $407248.86    | 0.21%             | 2028-06-13      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| BPCE SA                             | BPCE SA                                                   | CUSIP: 05583JAC6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    670000 | PA      | $659420.75    | 0.34%             | 2027-10-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I             | Metropolitan Life Global Funding I                        | CUSIP: 592179KR5<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    272000 | PA      | $272839.55    | 0.14%             | 2028-08-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                      | Eli Lilly & Co                                            | CUSIP: 532457DB1<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    275000 | PA      | $276035.61    | 0.14%             | 2028-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP            | Toyota Motor Credit Corp                                  | CUSIP: 89236TNS0<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    684000 | PA      | $689220.53    | 0.36%             | 2028-09-05      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT            | Sumitomo Mitsui Trust Bank Ltd                            | CUSIP: 86563VCC1<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |    565000 | PA      | $566437.59    | 0.29%             | 2028-09-11      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                 | Fifth Third Bancorp                                       | CUSIP: 316773DJ6<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    235000 | PA      | $244372.16    | 0.13%             | 2028-10-27      | Fixed         | 6.36%                 | No            |                  2 | On Loan: No      |
| KENVUE INC                          | Kenvue Inc                                                | CUSIP: 49177JAD4<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | DBT              | CORP              | US        |    220000 | PA      | $220731.67    | 0.11%             | 2026-03-22      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II            | Principal Life Global Funding II                          | CUSIP: 74256LFA2<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |     97000 | PA      | $97908.50     | 0.05%             | 2027-08-19      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP                | BOSTON PROPERTIES LP                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249439.00    | 0.13%             | 2025-11-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| VW CREDIT INC 11/05/2025            | VW CREDIT INC 11/05/2025                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $254852.61    | 0.13%             | 2025-11-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66 0 11/25                 | PHILLIPS 66 0 11/25                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $389156.43    | 0.20%             | 2025-11-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MUTUAL OF OMAHA GLOBAL              | Mutual of Omaha Cos Global Funding                        | CUSIP: 62829D2A7<br>LEI: 635400AL5J3F1ZPTAN95 | Long             | DBT              | CORP              | US        |    250000 | PA      | $253127.09    | 0.13%             | 2026-07-27      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA              | Skandinaviska Enskilda Banken AB                          | CUSIP: 830505BC6<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |    540000 | PA      | $542570.77    | 0.28%             | 2028-06-02      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENT 11/06/2025           | INTERCONTINENT 11/06/2025                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $469675.94    | 0.24%             | 2025-11-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY               | Wells Fargo & Co                                          | CUSIP: 95000U3M3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    286000 | PA      | $287988.17    | 0.15%             | 2028-04-22      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I             | Metropolitan Life Global Funding I                        | CUSIP: 592179KS3<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |    606000 | PA      | $607311.80    | 0.31%             | 2028-08-25      | Floating      | 4.98%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA                         | PNC Bank NA                                               | CUSIP: 69353RGA0<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250098.48    | 0.13%             | 2028-07-21      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| OVINTIV 0 11/25                     | OVINTIV 0 11/25                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $249681.50    | 0.13%             | 2025-11-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP             | John Deere Capital Corp                                   | CUSIP: 24422EYA1<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    625000 | PA      | $626003.93    | 0.32%             | 2028-03-06      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD            | Alimentation Couche-Tard Inc                              | CUSIP: 01626PAW6<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    465000 | PA      | $465144.14    | 0.24%             | 2028-09-29      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                   | Hyatt Hotels Corp                                         | CUSIP: 448579AF9<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    353000 | PA      | $353068.91    | 0.18%             | 2026-03-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST              | Commonwealth Bank of Australia                            | CUSIP: 2027A0KW8<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    385000 | PA      | $386958.57    | 0.20%             | 2028-03-14      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                      | Eli Lilly & Co                                            | CUSIP: 532457DA3<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | DBT              | CORP              | US        |    685000 | PA      | $687773.78    | 0.36%             | 2028-10-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                   | NatWest Group PLC                                         | CUSIP: 639057AG3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    571000 | PA      | $571324.75    | 0.30%             | 2026-11-10      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING               | Athene Global Funding                                     | CUSIP: 04685A4A6<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    292000 | PA      | $293456.60    | 0.15%             | 2026-08-27      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL IN           | MARRIOTT INTERNATIONAL IN                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    290000 | PA      | $289196.99    | 0.15%             | 2025-11-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STATE STREET BANK & TR              | State Street Bank & Trust Co                              | CUSIP: 857449AD4<br>LEI: 571474TGEMMWANRLN572 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250981.16    | 0.13%             | 2026-11-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC            | Lloyds Banking Group PLC                                  | CUSIP: 53944YAZ6<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    530000 | PA      | $537415.09    | 0.28%             | 2028-01-05      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner       | Toyota Auto Receivables 2024-D Owner Trust                | CUSIP: 89239TAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     91983 | PA      | $92009.50     | 0.05%             | 2027-08-16      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP L 0 12/25           | MACQUARIE GROUP L 0 12/25                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    660000 | PA      | $656455.80    | 0.34%             | 2025-12-19      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA             | National Bank of Canada                                   | CUSIP: 63307A3G8<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    315000 | PA      | $315377.77    | 0.16%             | 2027-03-05      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS            | Santander UK Group Holdings PLC                           | CUSIP: 80281LAG0<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $495103.66    | 0.26%             | 2028-11-03      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receiva      | Capital One Prime Auto Receivables Trust 2025-1           | CUSIP: 14043YAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    660000 | PA      | $660071.83    | 0.34%             | 2029-01-16      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                | Royal Bank of Canada                                      | CUSIP: 78016HZY9<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    890000 | PA      | $891945.20    | 0.46%             | 2027-07-23      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH BANK AUST              | Commonwealth Bank of Australia                            | CUSIP: 2027A0HR3<br>LEI: MSFSBD3QN1GSN7Q6C537 | Long             | DBT              | CORP              | AU        |    620000 | PA      | $619956.74    | 0.32%             | 2025-12-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                  | BMW US Capital LLC                                        | CUSIP: 05565ECT0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    972000 | PA      | $977375.85    | 0.51%             | 2027-08-13      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC             | Goldman Sachs Group Inc/The                               | CUSIP: 38141GC85<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    345000 | PA      | $347933.06    | 0.18%             | 2028-04-23      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO            | Capital One Financial Corp                                | CUSIP: 14040HBN4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    343000 | PA      | $341286.33    | 0.18%             | 2027-03-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL              | Marriott International Inc/MD                             | CUSIP: 571903AS2<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    255000 | PA      | $253504.15    | 0.13%             | 2026-06-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** Putnam ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight