# EDGAR Filing Document

**Accession Number:** 0000088525
**File Stem:** 0000940400-26-022560
**Filing Date:** 2026-6
**Character Count:** 335361
**Document Hash:** 8ca4b3e097e85997d3837049ddf512e7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022560.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-022560

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUGGENHEIM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000088525

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01136
- **FILM NUMBER:** 261048167

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SECURITY EQUITY FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Guggenheim Active INvestment Series (GAINS)-Core Plus Fund (Series ID: S000085233)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250200 | SMA Class    | GUCPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Guggenheim Funds Trust

- **b. Investment Company Act file number:** 811-01136

- **c. CIK number of Registrant:** 0000088525

- **d. LEI of Registrant:** 54930033G24U3UGWK691

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

  - **Street Address 1:** 702 KING FARM BOULEVARD

  - **City:** ROCKVILLE

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

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

- **a. Name of Series:** Guggenheim Active INvestment Series (GAINS)-Core Plus Fund

- **b. EDGAR series identifier (if any):** S000085233

- **c. LEI of Series:** 254900FAWG2JU2ANGG24

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $222860178.83

**Total Liabilities:** $66510500.25

**Net Assets:** $156349678.58

**Stand-by Commitments:** $36363268.00

**Cash Not Reported:** $1243015.98

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 983.41847040 | **1-Year:** 14648.85131820 | **5-Year:** 30459.12488530 | **10-Year:** 18604.07740060 | **30-Year:** 5441.81578720

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

- **3-Month:** 999.74174660 | **1-Year:** 1628.26708380 | **5-Year:** 7780.07398380 | **10-Year:** 2547.31762900 | **30-Year:** 2074.01611640

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250200 | 0.38%                | 1.29%                | -1.90%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $84036.10                | $-9292.12                                  |
| Month 2  | $4757.80                 | $402996.82                                 |
| Month 3  | $-39372.25               | $-2280559.85                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ELMWOOD CLO 38 LTD                                            | ELM38 2025-1A B1                                                                                                                     | CUSIP: 289908AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249818.98    | 0.16%             | 2038-04-22      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| TRTX 2025-FL7 ISSUER LTD                                      | TRTX 2025-FL7 B                                                                                                                      | CUSIP: 87277LAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $696779.16    | 0.45%             | 2043-06-18      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Aggreko                                                       | Aggreko Term Loan B 300 2031-05-01                                                                                                   | CUSIP: 01330EAD0<br>LEI: 259400QTZA08U7DIP580 | Long             | LON              | CORP              | US        |     99500 | PA      | $99344.78     | 0.06%             | 2031-05-21      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |  -3628000 | NC      | $-13809.19    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Level 3                                                       | Level 3 Term Loan B-4 325 2032-03-01                                                                                                 | CUSIP: 52729KAU0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |     70000 | PA      | $69927.20     | 0.04%             | 2032-03-29      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-2                             | VERUS 2025-2 A2                                                                                                                      | CUSIP: 92540VAD7<br>LEI: 213800TTP1CNX4WER720 | Long             | ABS-O            | CORP              | US        |     77153 | PA      | $77162.50     | 0.05%             | 2070-03-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Cox Communications, Inc.                                      | COXENT 2.95 10/01/50 144A                                                                                                            | CUSIP: 224044CM7<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     85000 | PA      | $45822.82     | 0.03%             | 2050-10-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                   | CAUTO 2026-1A A2                                                                                                                     | CUSIP: 12510HBC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    299688 | PA      | $295290.43    | 0.19%             | 2056-02-15      | Fixed         | 5.07%                 | No            |                  3 | On Loan: No      |
| BSPRT 2024-FL11 ISSUER LLC                                    | BSPRT 2024-FL11 B                                                                                                                    | CUSIP: 05613RAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99952.10     | 0.06%             | 2039-07-15      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP / Emerald Co-Issuer Inc.                    | EMECLI 6.375 12/15/30 REGs                                                                                                           | CUSIP: 000000000<br>LEI: 5493000GJYE7GAQCUC61 | Long             | DBT              | CORP              | US        |    100000 | PA      | $117635.47    | 0.08%             | 2030-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |   2177000 | NC      | $11903.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Prpm 2025-7 LLC                                               | PRPM 2025-7 A1                                                                                                                       | CUSIP: 69382YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    318843 | PA      | $317784.73    | 0.20%             | 2030-08-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Lindblad Expeditions LLC                                      | LIND 7 09/15/30 144A                                                                                                                 | CUSIP: 53523LAB6<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102099.10    | 0.07%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM3      | MSRM 2025-NQM3 A2                                                                                                                    | CUSIP: 61778LAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    162172 | PA      | $162477.48    | 0.10%             | 2070-05-25      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |   3628000 | NC      | $16605.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2025-2 LLC                                               | PRPM 2025-2 A1                                                                                                                       | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    171933 | PA      | $171526.80    | 0.11%             | 2030-05-25      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   2177000 | NC      | $11903.55     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | PENN ENTERTAINMENT INC                                                                                                               | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -580938 | PA      | $-580937.50   | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| Dow Chemical Co. (The)                                        | DOW 6.9 05/15/53                                                                                                                     | CUSIP: 260543DH3<br>LEI: ZQUIP1CSZO8LXRBSOU78 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51040.71     | 0.03%             | 2053-05-15      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   -712500 | NC      | $-712.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | NOVARTIS CAPITAL CORP                                                                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -190094 | PA      | $-190094.00   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| Dycom Industries                                              | Dycom Industries Term Loan B 175 2033-01-10                                                                                          | CUSIP: 26747FAV1<br>LEI: 549300F56EKTHQI3WT60 | Long             | LON              | CORP              | US        |    300000 | PA      | $300876.00    | 0.19%             | 2033-01-27      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| EFMT 2025-CES1 Trust                                          | EFMT 2025-CES1 A1A                                                                                                                   | CUSIP: 26846VAA2<br>LEI: 254900CMJGXNT3R7H775 | Long             | ABS-O            | CORP              | US        |    122728 | PA      | $123338.50    | 0.08%             | 2060-01-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| PROGRESS RESIDENTIAL 2025-SFR1 TRUST                          | PROG 2025-SFR6 C                                                                                                                     | CUSIP: 74334EAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1450000 | PA      | $1368837.56   | 0.88%             | 2042-12-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |  -2528000 | NC      | $-5751.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Phantom 2026-1 Aviation Ltd. / Phantom 2026-1 Aviation LLC    | PHNTOM 2026-1A A                                                                                                                     | CUSIP: 71711GAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    298839 | PA      | $292970.58    | 0.19%             | 2051-01-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM1 TRUST                                           | OBX 2025-NQM1 A2                                                                                                                     | CUSIP: 673914AD9<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-O            | CORP              | US        |     76053 | PA      | $76271.64     | 0.05%             | 2064-12-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AIRCRAFT STRUCTURED TRUST 2026-1                   | CLAST 2026-1A A                                                                                                                      | CUSIP: 148924AA1<br>LEI: 5493003ADMTNWVTVWM43 | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $588953.82    | 0.38%             | 2051-03-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                         | FNMA-30YR                                                                                                                            | CUSIP: 01F030652<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   9240000 | PA      | $8107159.37   | 5.19%             | 2056-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | THE NASSAU COMPANIES OF NEW YORK                                                                                                     | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -327360 | PA      | $-327360.00   | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| NLT 2025-NQM1 TRUST                                           | NLT 2025-NQM1 PT                                                                                                                     | CUSIP: 629154AJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1184392 | PA      | $1237470.59   | 0.79%             | 2070-10-25      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| MetLife Inc.                                                  | MET V5.85 03/15/56 .                                                                                                                 | CUSIP: 59156RCR7<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    450000 | PA      | $441671.35    | 0.28%             | 2056-03-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-4                       | PFMT 2025-4 A4                                                                                                                       | CUSIP: 74387AAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    121382 | PA      | $121506.55    | 0.08%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Honeywell Aerospace Inc.                                      | HONA 5.622 03/16/46 144A                                                                                                             | CUSIP: 43849RAH8<br>LEI: 213800ZUAQRBYL67JS90 | Long             | DBT              | CORP              | US        |    190000 | PA      | $187239.32    | 0.12%             | 2046-03-16      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP / Emerald Co-Issuer Inc.                    | EMECLI 6.625 12/15/30 144A                                                                                                           | CUSIP: 29103CAA6<br>LEI: 5493000GJYE7GAQCUC61 | Long             | DBT              | CORP              | US        |    555000 | PA      | $564467.75    | 0.36%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                   | RCKT 2025-CES6 A1A                                                                                                                   | CUSIP: 748949AA2<br>LEI: 2549002LEW4WNQBOMB89 | Long             | ABS-O            | CORP              | US        |    192869 | PA      | $193506.90    | 0.12%             | 2055-06-25      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO IX LTD                                           | OR 2022-9A BR                                                                                                                        | CUSIP: 69120BAH8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249243.03    | 0.16%             | 2037-11-23      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | ORACLE CORPORATION                                                                                                                   | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -123938 | PA      | $-123937.50   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| Metronet Infrastructure Issuer LLC.                           | MNET 2026-1A A2                                                                                                                      | CUSIP: 59170JBK3<br>LEI: 5493000BIROCAEATAQ61 | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1053395.70   | 0.67%             | 2056-04-20      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                               | VDC 2024-1A A2                                                                                                                       | CUSIP: 92212KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98319.85     | 0.06%             | 2054-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| FOUNDATION FINANCE TRUST 2024-2                               | FFIN 2024-2A B                                                                                                                       | CUSIP: 35040VAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     79200 | PA      | $79109.09     | 0.05%             | 2050-03-15      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| PRIORITY 1 ISSUER LOGISTICS DAC                               | PRPM 2025-RCF3 A1                                                                                                                    | CUSIP: 69392PAA3<br>LEI: 635400FLODFXG5M9HI42 | Long             | ABS-O            | CORP              | IE        |    314626 | PA      | $313999.68    | 0.20%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SG RESIDENTIAL MORTGAGE TRUST 2025-1                          | SGR 2025-1 A2                                                                                                                        | CUSIP: 81880NAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1581791 | PA      | $1572992.22   | 1.01%             | 2065-12-26      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CROSS 2024-H7 MORTGAGED TRUST                                 | CROSS 2024-H7 A3                                                                                                                     | CUSIP: 22757CAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     71923 | PA      | $72161.07     | 0.05%             | 2069-11-25      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| TRTX 2025-FL6 ISSUER LTD                                      | TRTX 2025-FL6 A                                                                                                                      | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $99915.31     | 0.06%             | 2042-09-18      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                             | ES V6.1 08/15/56 A                                                                                                                   | CUSIP: 30040WBC1<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123454.80    | 0.08%             | 2056-08-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Sound Point Clo 2025R-1 Ltd.                                  | SNDPT 2025-1RA C                                                                                                                     | CUSIP: 83617EAJ9<br>LEI: 25490031SR8APTVC6E71 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250807.58    | 0.16%             | 2038-02-22      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FUNDING TRUST 2024-NQM6                     | BRAVO 2024-NQM6 A2                                                                                                                   | CUSIP: 05613JAD8<br>LEI: 254900RNYV3TS5A5VX69 | Long             | ABS-O            | CORP              | US        |     62519 | PA      | $62590.72     | 0.04%             | 2064-08-01      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | NIPPON LIFE INSURANCE CO                                                                                                             | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -203790 | PA      | $-203790.00   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |  -1140000 | NC      | $-1039.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                              | UWMC 6.625 02/01/30 144A                                                                                                             | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $141475.78    | 0.09%             | 2030-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Clarios (Power Solutions)                                     | Clarios (Power Solutions) Term Loan B (Incremental) 275 2032-01-07                                                                   | CUSIP: 000000000<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |    149250 | PA      | $148727.63    | 0.10%             | 2032-01-28      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Southern Co.                                                  | SO V3.75 09/15/51 21-A                                                                                                               | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     29000 | PA      | $28711.42     | 0.02%             | 2051-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| STEELE IV ISSUER 2025A-1                                      | STEELE IV ISSUER 2025A-1                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $0.03         | 0.00%             | 2046-12-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| OWL ROCK CLO XXIV LLC                                         | OR 2026-24A B                                                                                                                        | CUSIP: 69122KAC7<br>LEI: 254900KMIN8B894DGS50 | Long             | ABS-CBDO         | CORP              | US        |    950000 | PA      | $946732.95    | 0.61%             | 2038-01-22      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| AREIT 2025-CRE10 LTD                                          | AREIT 2025-CRE10 A                                                                                                                   | CUSIP: 00193DAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $149607.59    | 0.10%             | 2029-12-17      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | Options on Three-Month SOFR Futures                                                                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       -84 | NC      | $-14700.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Asurion                                                       | Asurion First-lien Term Loan B-12 425 2030-09-01                                                                                     | CUSIP: 04649VBD1<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    118944 | PA      | $117584.80    | 0.08%             | 2030-09-19      | Floating      | 7.92%                 | No            |                  2 | On Loan: No      |
| AmWINS Group                                                  | AmWINS Group Term Loan B 200 2032-01-01                                                                                              | CUSIP: 03234TBB3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |    148125 | PA      | $146987.40    | 0.09%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp.                                               | WHR 4.6 05/15/50                                                                                                                     | CUSIP: 963320AX4<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     10000 | PA      | $6649.42      | 0.00%             | 2050-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BDS 2025-FL16 LLC                                             | BDS 2025-FL16 B                                                                                                                      | CUSIP: 05556XAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    150000 | PA      | $148948.55    | 0.10%             | 2043-07-19      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| CERBERUS LOAN FUNDING 53 LLC                                  | CERB 2025-4A C                                                                                                                       | CUSIP: 15674YAE8<br>LEI: 635400YQBXB1DKX6JK08 | Long             | ABS-CBDO         | CORP              | US        |    750000 | PA      | $745469.03    | 0.48%             | 2038-01-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                          | ASUCOR 8 12/31/32 144A                                                                                                               | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    300000 | PA      | $311234.40    | 0.20%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MAPS 2021-1 TRUST                                             | MAPSL 2021-1A A                                                                                                                      | CUSIP: 55292RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    906627 | PA      | $871619.39    | 0.56%             | 2046-06-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings Inc                                        | EQH V6.7 03/28/55                                                                                                                    | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     77000 | PA      | $77707.71     | 0.05%             | 2055-03-28      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PLANET FITNESS MASTER ISSUER LLC SERIES 2018-1                | PLNT 2024-1A A2II                                                                                                                    | CUSIP: 72703PAG8<br>LEI: 549300NX9W3U2DO53T22 | Long             | ABS-O            | CORP              | US        |    197000 | PA      | $200434.93    | 0.13%             | 2054-06-05      | Fixed         | 6.24%                 | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.                          | SUMIBK V5.046 01/15/37                                                                                                               | CUSIP: 86562MEF3<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |    250000 | PA      | $245862.12    | 0.16%             | 2037-01-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                  | ORCL 5.95 09/26/55                                                                                                                   | CUSIP: 68389XDR3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    150000 | PA      | $126190.61    | 0.08%             | 2055-09-26      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PetSmart                                                      | PetSmart Term Loan B 400 2032-08-02                                                                                                  | CUSIP: 71677HAN5<br>LEI: 894500NGJMHSFNESGA67 | Long             | LON              | CORP              | US        |    320000 | PA      | $317520.00    | 0.20%             | 2032-08-18      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Madison Pk Fdg XLVIII Ltd / Llc                               | MDPK 2021-48A BR                                                                                                                     | CUSIP: 55821UAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1498433.10   | 0.96%             | 2039-01-19      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST 2025-CES1                                 | RCKT 2025-CES1 A1A                                                                                                                   | CUSIP: 749427AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    211027 | PA      | $212055.69    | 0.14%             | 2045-01-25      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| WhiteWater Matterhorn                                         | WhiteWater Matterhorn Term Loan B 175 2032-06-01                                                                                     | CUSIP: 96618PAC0<br>LEI: 2138009J7G187M6C4Q91 | Long             | LON              | CORP              | US        |    199500 | PA      | $198253.13    | 0.13%             | 2032-06-16      | Floating      | 5.44%                 | No            |                  2 | On Loan: No      |
| Knife River                                                   | Knife River Term Loan B 200 2032-02-12                                                                                               | CUSIP: 49889LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    148500 | PA      | $148808.88    | 0.10%             | 2032-03-08      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | HF SINCLAIR CORP                                                                                                                     | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -146812 | PA      | $-146812.50   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  -2852000 | NC      | $-8352.26     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                  | ORCL 6.1 09/26/65                                                                                                                    | CUSIP: 68389XDT9<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41459.08     | 0.03%             | 2065-09-26      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                  | RCL 5.25 02/27/38                                                                                                                    | CUSIP: 78017TAD5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    200000 | PA      | $190263.02    | 0.12%             | 2038-02-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                | Citigroup Inc. DEPOSITARY SHARES EACH REPRESENTING A 1/1,000TH INTEREST IN A SHARE OF 6.25% NONCUMULATIVE PREFERRED STOCK, SERIES II | CUSIP: 172967242<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |      4400 | NS      | $108460.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SUMITOMO MITSUI FINANCIAL GROU                                                                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -239485 | PA      | $-239485.00   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2025-5 LLC                                               | PRPM 2025-5 A1                                                                                                                       | CUSIP: 69392RAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900540 | PA      | $898664.09    | 0.57%             | 2030-07-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| BROWN GROUP HOLDING LLC                                       | BROWN GROUP HOLDING LLC                                                                                                              | CUSIP: 11565HAD8<br>LEI: 25490094PF4HHK9QS109 | Long             | LON              | CORP              | US        |    458492 | PA      | $458895.93    | 0.29%             | 2031-07-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 7 LLC                                 | ARESDL 2025-3A A2                                                                                                                    | CUSIP: 039973AC6<br>LEI: 254900FZTAJNX33DJ460 | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1400031.78   | 0.90%             | 2038-01-20      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| SUBWAY FUNDING LLC                                            | SUBWAY 2024-3A A23                                                                                                                   | CUSIP: 864300AL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     49375 | PA      | $48090.61     | 0.03%             | 2054-07-30      | Fixed         | 5.91%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                             | DINO 5.5 09/01/32                                                                                                                    | CUSIP: 403949AT7<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100227.83    | 0.06%             | 2032-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TAILWIND 2019-1 AVIATION LTD                                  | TLWND 2019-1 A                                                                                                                       | CUSIP: 87404LAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | IE        |   1071885 | PA      | $1056985.99   | 0.68%             | 2044-12-15      | Fixed         | 3.97%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                           | GPN 5.55 11/15/35                                                                                                                    | CUSIP: 37940XAY8<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96363.87     | 0.06%             | 2035-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| VANTAGE DATA CENTERS ISSUER LLC                               | VDC 2025-1A A2                                                                                                                       | CUSIP: 92212KAH9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $293504.52    | 0.19%             | 2055-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                               | PSX V6.2 03/15/56 B                                                                                                                  | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74663.05     | 0.05%             | 2056-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd.                                       | LGENSO 5.25 04/02/31 144A                                                                                                            | CUSIP: 50205MAL3<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    600000 | PA      | $598139.57    | 0.38%             | 2031-04-02      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BSPDF 2026-FL3 ISSUER LLC                                     | BSPDF 2026-FL3 B                                                                                                                     | CUSIP: 05594VAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    950000 | PA      | $946671.39    | 0.61%             | 2043-09-18      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2025-RTL3                                | LHOME 2025-RTL3 A1                                                                                                                   | CUSIP: 50205YAA1<br>LEI: 529900XB146PHFHY2T23 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $249521.68    | 0.16%             | 2040-08-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                                | LBMLT 2006-9 2A3                                                                                                                     | CUSIP: 54251WAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    922263 | PA      | $269741.19    | 0.17%             | 2036-10-25      | Floating      | 4.11%                 | No            |                  3 | On Loan: No      |
| HNI CORP                                                      | HNI CORP                                                                                                                             | CUSIP: 000000000<br>LEI: 549300SKRADLC4O5HV93 | Long             | LON              | CORP              | US        |    448875 | PA      | $451119.38    | 0.29%             | 2032-12-10      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| SERVICE EXPERTS ISSUER 2025-1 LLC                             | SE 2025-1A A                                                                                                                         | CUSIP: 81758JAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    178366 | PA      | $177580.92    | 0.11%             | 2037-01-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-5                             | VERUS 2025-5 A3                                                                                                                      | CUSIP: 92540XAC5<br>LEI: 213800Z7TIVJRAYLRV98 | Long             | ABS-O            | CORP              | US        |    375252 | PA      | $375680.86    | 0.24%             | 2070-06-25      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corporation                                        | FAIRIC 6.25 09/15/34 144A                                                                                                            | CUSIP: 303250AJ3<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    400000 | PA      | $393413.04    | 0.25%             | 2034-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE T                           | GRADE 2025-LOC4 A1A                                                                                                                  | CUSIP: 79589VAN4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    622959 | PA      | $625117.24    | 0.40%             | 2055-06-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| HV STRUCTURED SOLUTIONS IV                                    | HV STRUCTURED SOLUTIONS IV                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    171033 | PA      | $169794.96    | 0.11%             | 2030-09-15      | Floating      | 6.85%                 | No            |                  3 | On Loan: No      |
| JCP DIRECT LENDING CLO 2023-1 LTD                             | JCPDL 2023-1A AJR                                                                                                                    | CUSIP: 46656TAU0<br>LEI: 254900B78BA7J8JB6X59 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $1000132.20   | 0.64%             | 2037-07-20      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| HarbourVest Partners                                          | HarbourVest Partners Term Loan B 200 2030-04-01                                                                                      | CUSIP: 41165QAN7<br>LEI: 54930029KR62LTFQ8M21 | Long             | LON              | CORP              | US        |    798000 | PA      | $796005.00    | 0.51%             | 2030-04-22      | Floating      | 5.70%                 | No            |                  3 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | CBOE VOLATILITY INDEX                                                                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |      -145 | NC      | $-10110.78    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Brightstar Lottery PLC / Brightstar Global Solutions Corp.    | BRSL 5.75 01/15/33 144A                                                                                                              | CUSIP: 108922AA3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $194415.38    | 0.12%             | 2033-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2025-CES4                           | TPMT 2025-CES4 A2                                                                                                                    | CUSIP: 89170UAC4<br>LEI: 254900V1XGR6BSB30T32 | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $249434.10    | 0.16%             | 2065-10-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                          | FIGRE 2024-HE5 A                                                                                                                     | CUSIP: 31684FAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    105459 | PA      | $105897.41    | 0.07%             | 2054-10-25      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD        | FHR 5499 B                                                                                                                           | CUSIP: 3137HJWE3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    260518 | PA      | $262391.80    | 0.17%             | 2053-07-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Insured Lending 1 Ltd.                                        | INLEND 6.5 02/04/32 144                                                                                                              | CUSIP: 000000000<br>LEI: 875500RRX7H6NZ8RYE90 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $288925.00    | 0.18%             | 2032-02-04      | Fixed         | 6.50%                 | Yes           |                  3 | On Loan: No      |
| Beach Acquisition Bidco LLC                                   | SKX L 09/13/32 1                                                                                                                     | CUSIP: 07337FAB1<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |    349125 | PA      | $349561.41    | 0.22%             | 2032-09-13      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts Inc                                  | WH 5.625 03/01/33 144A                                                                                                               | CUSIP: 98311AAE5<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1033175.85   | 0.66%             | 2033-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-5                      | CHASE 2025-5 A4A                                                                                                                     | CUSIP: 161935AE1<br>LEI: 529900V91KVGSU3Z1A61 | Long             | ABS-O            | CORP              | US        |     97052 | PA      | $96999.12     | 0.06%             | 2056-04-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| DYNASTY ACQUISITION CO. INC                                   | DYNASTY ACQUISITION CO INC                                                                                                           | CUSIP: 26812CAN6<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |     35769 | PA      | $35753.34     | 0.02%             | 2031-10-31      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust                                | LBMLT 2006-9 2A2                                                                                                                     | CUSIP: 54251WAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1143408 | PA      | $344201.80    | 0.22%             | 2036-10-25      | Floating      | 4.01%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 49M-R2 LTD                         | GOCAP 2020-49A A2R2                                                                                                                  | CUSIP: 38181HAE3<br>LEI: 254900HDEN0DKV4B8U17 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $500027.75    | 0.32%             | 2038-07-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| MILL CITY SECURITIES 2024-RS1 LTD                             | MCMLT 2024-RS1 A1                                                                                                                    | CUSIP: 599920AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     57409 | PA      | $54755.57     | 0.04%             | 2069-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                  | FOCS 6.75 09/15/31 144A                                                                                                              | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124143.30    | 0.08%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2025-CRE9 ISSUER LLC                                 | LNCR 2025-CRE9 B                                                                                                                     | CUSIP: 538912AE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99796.73     | 0.06%             | 2042-08-18      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| MIDCAP FUNDING XLVI TRUST                                     | MIDCAP FUNDING XLVI TRUST                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250000.00    | 0.16%             | 2028-04-15      | Floating      | 6.49%                 | No            |                  3 | On Loan: No      |
| AREIT 2025-CRE11 LTD                                          | AREIT 2025-CRE11 B                                                                                                                   | CUSIP: 04002DAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $149504.58    | 0.10%             | 2043-07-25      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| CAPSTONE ACQUISITION 1L DDTL FUND                             | CAPSTONE ACQUISITION 1L DDTL FUND                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |       801 | PA      | $797.80       | 0.00%             | 2029-11-13      | Floating      | 8.27%                 | No            |                  3 | On Loan: No      |
| Wendys Funding Llc                                            | WEN 2025-1A A2I                                                                                                                      | CUSIP: 95058XAR9<br>LEI: 5493009DRVSTWJOXUL48 | Long             | ABS-O            | CORP              | US        |    748125 | PA      | $740493.45    | 0.47%             | 2055-12-15      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | FN                                                                                                                                   | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -246266 | PA      | $-246266.21   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| ICON Investments Six DAC                                      | ICLR 5.849 05/08/29                                                                                                                  | CUSIP: 45115AAB0<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $203923.07    | 0.13%             | 2029-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PRPM 2025-RCF3 LLC                                            | PRPM 2025-6 A1                                                                                                                       | CUSIP: 69395KAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    179550 | PA      | $179163.69    | 0.11%             | 2028-08-25      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SPIRE INC                                                                                                                            | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -145125 | PA      | $-145125.00   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| DOGWOOD TERM LOAN                                             | DOGWOOD TERM LOAN                                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    368342 | PA      | $369271.06    | 0.24%             | 2032-06-24      | Fixed         | 6.45%                 | No            |                  3 | On Loan: No      |
| BDS 2025-FL15 LLC                                             | BDS 2025-FL15 B                                                                                                                      | CUSIP: 05556EAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $298820.79    | 0.19%             | 2043-03-19      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-5                                 | SEMT 2025-5 A5                                                                                                                       | CUSIP: 81743GAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    162071 | PA      | $162161.09    | 0.10%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Abpci Direct Lending Fd Clo V Ltd                             | ABPCI 2019-5A A1RR                                                                                                                   | CUSIP: 000807AW7<br>LEI: 984500FF7HO36E8A1F66 | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $100249.73    | 0.06%             | 2036-01-22      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | IRS USD                                                                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-29792.37    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |   4367000 | NC      | $16209.71     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Scientific Games Lottery                                      | Scientific Games Lottery Term Loan B 300 2029-04-01                                                                                  | CUSIP: 80875CAE7<br>LEI: 549300W5GPFXXB6TQ330 | Long             | LON              | CORP              | US        |    348232 | PA      | $342671.05    | 0.22%             | 2029-04-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | FAIR ISAAC CORP                                                                                                                      | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -359000 | PA      | $-359000.00   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | AMFAM HOLDINGS INC                                                                                                                   | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -921400 | PA      | $-921400.00   | -0.59%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |   -712500 | NC      | $-712.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TransDigm                                                     | TransDigm Term Loan N 250 2033-02-07                                                                                                 | CUSIP: 89364MCG7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    350000 | PA      | $350066.50    | 0.22%             | 2033-02-07      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group Inc.                                     | ECPG 6.625 04/15/31 144A                                                                                                             | CUSIP: 292554AS1<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    450000 | PA      | $447750.00    | 0.29%             | 2031-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Americo Life Inc.                                             | AMERIC 3.45 04/15/31 144A                                                                                                            | CUSIP: 03060NAD2<br>LEI: 549300B5C1FRFHBYW144 | Long             | DBT              | CORP              | US        |    200000 | PA      | $176304.76    | 0.11%             | 2031-04-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   -712500 | NC      | $-2909.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Sunoco LP                                                     | SUN 6.625 08/15/32 144A                                                                                                              | CUSIP: 86765KAL3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187898.40    | 0.12%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H1 MORTGAGE TRUST                                  | CROSS 2025-H1 A3                                                                                                                     | CUSIP: 22758NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    216147 | PA      | $216981.72    | 0.14%             | 2070-02-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| Acrec 2025-FL3 LLC                                            | ACREC 2025-FL3 B                                                                                                                     | CUSIP: 00112HAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    150000 | PA      | $149699.21    | 0.10%             | 2042-08-18      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| MAPS TRUST 2026-1                                             | MAPSL 2026-1A A                                                                                                                      | CUSIP: 55293WAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    790302 | PA      | $771969.78    | 0.49%             | 2051-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                     | CMC 6 12/15/35 144A                                                                                                                  | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    637000 | PA      | $627983.58    | 0.40%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Par Pacific Holdings                                          | Par Pacific Holdings Term Loan B 325 2030-02-01                                                                                      | CUSIP: 69889PAF2<br>LEI: 984500CCF05C2FB39F45 | Long             | LON              | CORP              | US        |     59391 | PA      | $59346.20     | 0.04%             | 2030-02-28      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| HOTWIRE FUNDING LLC                                           | HWIRE 2024-1A A2                                                                                                                     | CUSIP: 44148JAH2<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $556452.38    | 0.36%             | 2054-06-20      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | CITADEL SECURITIES GLOBAL HOLD                                                                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -865650 | PA      | $-865650.00   | -0.55%            |  |  |  | No            |                  2 | On Loan: No      |
| WSP Global Inc                                                | WSPCN 5.039 09/18/31 144A                                                                                                            | CUSIP: 92938WAG8<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $247833.88    | 0.16%             | 2031-09-18      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| TERMINAL INVESTMENT LIMITED HOLDIN                            | TERMINAL INVESTMENT LIMITED HOLDIN                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $200045.74    | 0.13%             | 2032-07-09      | Fixed         | 5.63%                 | No            |                  3 | On Loan: No      |
| HARMONI TOWERS LLC                                            | HARMONI TOWERS LLC                                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $198465.12    | 0.13%             | 2030-10-30      | Fixed         | 5.22%                 | No            |                  3 | On Loan: No      |
| Allianz SE                                                    | ALVGR V6.55 PERP 144a                                                                                                                | CUSIP: 018820AE0<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    400000 | PA      | $400746.40    | 0.26%             | N/A             | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                   | U.S. Treasury Bond Futures, Jun-2026,ETH                                                                                             | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       114 | NC      | $-290880.19   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | Options on Three-Month SOFR Futures                                                                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |      -118 | NC      | $-9587.50     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                          | FIGRE 2026-HE1 C                                                                                                                     | CUSIP: 30249NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    817771 | PA      | $809451.75    | 0.52%             | 2056-01-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| BCRED MML CLO 2022-1                                          | BXCMM 2022-1A A1                                                                                                                     | CUSIP: 072917AA5<br>LEI: 2549008X01GXURMQIW78 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100243.80    | 0.06%             | 2035-04-20      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| BLUE OWL IV (FKA DYAL IV) SR SEC B                            | BLUE OWL IV (FKA DYAL IV) SR SEC B                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    144000 | PA      | $140546.82    | 0.09%             | 2045-08-22      | Fixed         | 5.94%                 | No            |                  3 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              | CORP              | US        |  -5838000 | NC      | $-16953.96    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                       | GBLATL 4.5 09/18/30 144A                                                                                                             | CUSIP: 36143L2V6<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    450000 | PA      | $433148.28    | 0.28%             | 2030-09-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK Financing I PLC                                    | VMED 6.75 01/15/33 144A                                                                                                              | CUSIP: 92858RAE0<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $178689.06    | 0.11%             | 2033-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | Options on Three-Month SOFR Futures                                                                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |        84 | NC      | $23100.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GREYSTONE CRE NOTES 2025-FL4 LTD                              | GSTNE 2025-FL4 AS                                                                                                                    | CUSIP: 39810MAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249634.35    | 0.16%             | 2043-01-15      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| CROSS 2025-H2 MORTGAGE TRUST                                  | CROSS 2025-H2 A3                                                                                                                     | CUSIP: 22758PAE2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    188727 | PA      | $188734.20    | 0.12%             | 2070-03-25      | Variable      | 5.66%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | BAKER HUGHES A GE CO LLC                                                                                                             | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -184500 | PA      | $-184500.00   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | POST HOLDINGS INC                                                                                                                    | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -679688 | PA      | $-679687.50   | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| Novartis Capital Corporation                                  | NOVNVX 5.7 03/18/56                                                                                                                  | CUSIP: 66989HBL1<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201426.83    | 0.13%             | 2056-03-18      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   3628000 | NC      | $16605.70     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                         | FNMA-30YR                                                                                                                            | CUSIP: 01F050668<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4760000 | PA      | $4684108.13   | 3.00%             | 2056-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                            | BX 2025-VOLT A                                                                                                                       | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1050000 | PA      | $1046718.75   | 0.67%             | 2044-12-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                         | FNMA-15YR                                                                                                                            | CUSIP: 01F042459<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    705495 | PA      | $699807.09    | 0.45%             | 2041-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | POLARIS INC                                                                                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -246562 | PA      | $-246562.50   | -0.16%            |  |  |  | No            |                  2 | On Loan: No      |
| Anchorage Credit Funding 3 LTD/LLC                            | ANCHF 2016-3A A1R                                                                                                                    | CUSIP: 03330EAJ3<br>LEI: 5493003NNQWXMTSTMF21 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $239710.00    | 0.15%             | 2039-01-28      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | Options on Three-Month SOFR Futures                                                                                                  | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       118 | NC      | $13275.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | FNR                                                                                                                                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | Short            | RA               | CORP              | US        |  -1693086 | PA      | $-1693086.50  | -1.08%            |  |  |  | No            |                  2 | On Loan: No      |
| KROLL (DEERFIELD) 1L CL REV UNFUND                            | KROLL (DEERFIELD) 1L CL REV UNFUND                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      2277 | PA      | $2277.35      | 0.00%             | 2032-09-13      | Floating      | 8.48%                 | No            |                  3 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                   | VERIZON COMMUNICATIONS INC                                                                                                           | CUSIP: 000000000<br>LEI: 9DJT3UXIJIZJI4WXO774 | Short            | RA               | CORP              | US        |   -163625 | PA      | $-163625.00   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| BXHPP TRUST 2021-FILM                                         | BXHPP 2021-FILM C                                                                                                                    | CUSIP: 05609JAL6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     25000 | PA      | $21687.50     | 0.01%             | 2036-08-15      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | APOLLO GLOBAL MANAGEMENT INC                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -498094 | PA      | $-498093.75   | -0.32%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | IRS USD                                                                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $518277.04    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2025-8 LLC                                               | PRPM 2025-8 A1                                                                                                                       | CUSIP: 69383BAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    320455 | PA      | $319008.41    | 0.20%             | 2030-10-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corp.                                               | WHR 4.5 06/01/46                                                                                                                     | CUSIP: 963320AV8<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     50000 | PA      | $32943.36     | 0.02%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management Inc                                  | APO 5.7 03/30/36                                                                                                                     | CUSIP: 03769MAG1<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |    525000 | PA      | $525466.09    | 0.34%             | 2036-03-30      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Clearwater Analytics                                          | Clearwater Analytics Term Loan B 225 2032-02-02                                                                                      | CUSIP: 18512EAF9<br>LEI: 894500N8DN2JO5ZDRQ11 | Long             | LON              | CORP              | US        |    149250 | PA      | $149063.44    | 0.10%             | 2032-04-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| NAVIGATOR 2024-1 AVIATION LIMITED                             | NAVTR 2024-1 A                                                                                                                       | CUSIP: 63943DAA7<br>LEI: 984500UF8C3O89B30652 | Long             | ABS-O            | CORP              | KY        |   1108631 | PA      | $1101758.49   | 0.70%             | 2049-08-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Polaris Inc.                                                  | PII 5.6 03/01/31                                                                                                                     | CUSIP: 731068AB8<br>LEI: 549300QJSN8UVWN1EI78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247760.72    | 0.16%             | 2031-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc.                                            | POST 6.5 03/15/36 144A                                                                                                               | CUSIP: 737446AY0<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    750000 | PA      | $734490.68    | 0.47%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SLAM 2024-1 LTD                                               | SLAM 2024-1A A                                                                                                                       | CUSIP: 83100AAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    902778 | PA      | $899317.33    | 0.58%             | 2049-09-15      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| FedEx Corporation                                             | FDX 4.1 02/01/45 .                                                                                                                   | CUSIP: 31428XDQ6<br>LEI: 549300E707U7WNPZN687 | Long             | DBT              | CORP              | US        |     75000 | PA      | $58943.50     | 0.04%             | 2045-02-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | EMERALD DEBT MERGER SUB LLC                                                                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -525862 | PA      | $-525862.50   | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| CROSS 2026-NQM1 MORTGAGE TRUST                                | CROSS 2026-NQM1 A3                                                                                                                   | CUSIP: 22758EAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    344440 | PA      | $341069.75    | 0.22%             | 2061-02-25      | Variable      | 5.16%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp.                                 | FUN 6.625 05/01/32 144A                                                                                                              | CUSIP: 83002YAA7<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174579.67    | 0.11%             | 2032-05-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | JPY CALL VERSUS USD PUT                                                                                                              | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |     31000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SIERRA PACIFIC POWER COMPANY                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -471250 | PA      | $-471250.00   | -0.30%            |  |  |  | No            |                  2 | On Loan: No      |
| ARETEC GROUP INC                                              | ARETEC GROUP INC                                                                                                                     | CUSIP: 04009DAJ3<br>LEI: 549300NV2T8A33L0PQ58 | Long             | LON              | CORP              | US        |    498750 | PA      | $491996.93    | 0.31%             | 2030-08-09      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Grant Thornton                                                | Grant Thornton Term Loan B 275 2031-06-01                                                                                            | CUSIP: 38821UAD2<br>LEI: 254900XS1SHU0YY3WF58 | Long             | LON              | CORP              | US        |    397001 | PA      | $369004.72    | 0.24%             | 2031-06-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING MORTGAGE TRUST 2025-1                       | PFMT 2025-1 A3                                                                                                                       | CUSIP: 74388NAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     69454 | PA      | $69498.92     | 0.04%             | 2055-02-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| HighTower                                                     | HighTower Term Loan B 275 2032-02-01                                                                                                 | CUSIP: 43117LAP8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | LON              | CORP              | US        |    248125 | PA      | $245179.76    | 0.16%             | 2032-02-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| FORTRESS CR OPPORT CLO 2024-25                                | FCO 2024-25A A1T                                                                                                                     | CUSIP: 34966QAA1<br>LEI: 254900LX330DUDQM5Y53 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249980.20    | 0.16%             | 2037-01-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | MATCH GROUP INC                                                                                                                      | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -554125 | PA      | $-554125.00   | -0.35%            |  |  |  | No            |                  2 | On Loan: No      |
| DRI HEALTHCARE LP                                             | DRI HEALTHCARE LP                                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $492271.96    | 0.31%             | 2033-06-30      | Floating      | 5.65%                 | No            |                  3 | On Loan: No      |
| Allwyn Entertainment Financing (UK) PLC                       | SAZKAG 7.25 04/30/30 REGS                                                                                                            | CUSIP: 000000000<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |    180000 | PA      | $214953.11    | 0.14%             | 2030-04-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AWAYDAY(VACATION RENT)1L TL CL USD                            | AWAYDAY(VACATION RENT)1L TL CL USD                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      8970 | PA      | $8886.88      | 0.01%             | 2032-05-01      | Floating      | 6.00%                 | No            |                  3 | On Loan: No      |
| Rogers Communications Inc.                                    | RCICN V6.875 07/31/56                                                                                                                | CUSIP: 775109DL2<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $175671.48    | 0.11%             | 2056-07-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-3                             | VERUS 2023-3 A3                                                                                                                      | CUSIP: 92539GAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99934 | PA      | $99588.17     | 0.06%             | 2068-03-25      | Variable      | 6.74%                 | No            |                  2 | On Loan: No      |
| DB Master Finance LLC                                         | DNKN 2021-1A A2II                                                                                                                    | CUSIP: 233046AQ4<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-O            | CORP              | US        |    220225 | PA      | $207341.93    | 0.13%             | 2051-11-20      | Fixed         | 2.49%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                           | NEE V6.375 08/15/55                                                                                                                  | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    144000 | PA      | $146700.29    | 0.09%             | 2055-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                                         | SOCGEN V5.4 04/10/37 144A                                                                                                            | CUSIP: 83368RCN0<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $193485.46    | 0.12%             | 2037-04-10      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| PRPM 2024-6 LLC                                               | PRPM 2024-6 A1                                                                                                                       | CUSIP: 74390PAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     84454 | PA      | $84515.87     | 0.05%             | 2029-11-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| RWC COMMERCIAL MORTGAGE 2025-1                                | RWC 2025-1 A                                                                                                                         | CUSIP: 78348LAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    143895 | PA      | $143045.32    | 0.09%             | 2040-06-27      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Nassau Companies Of New York                                  | NASSAU 7.875 07/15/30 144A                                                                                                           | CUSIP: 63155AAA6<br>LEI: 549300Q3ENSFI87YLC32 | Long             | DBT              | CORP              | US        |    384000 | PA      | $350771.94    | 0.22%             | 2030-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CVR Energy Inc.                                               | CVI 7.5 02/15/31 144A                                                                                                                | CUSIP: 12662PAH1<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    180000 | PA      | $181344.06    | 0.12%             | 2031-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Allison Transmission                                          | Allison Transmission Term Loan B (Incremental) 175 2032-10-28                                                                        | CUSIP: 01973KAJ5<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | LON              | CORP              | US        |    300000 | PA      | $300750.00    | 0.19%             | 2033-01-03      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bonds                                  | TII 2.375 02/15/55                                                                                                                   | CUSIP: 912810UH9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    824600 | PA      | $766257.70    | 0.49%             | 2055-02-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO VII LTD                                          | OR 2022-7A AR                                                                                                                        | CUSIP: 69121BAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $248963.23    | 0.16%             | 2038-04-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | JPY CALL VERSUS USD PUT                                                                                                              | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |    142000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PALMER SQUARE CLO 2024-3 LTD                                  | PLMRS 2024-3A B                                                                                                                      | CUSIP: 69688GAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250137.58    | 0.16%             | 2037-07-20      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group Inc                                 | JEF 5.5 02/15/36                                                                                                                     | CUSIP: 47233WLL1<br>LEI: 549300HOF34RGOJ5YL07 | Long             | DBT              | CORP              | US        |    390000 | PA      | $374319.70    | 0.24%             | 2036-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Herc Holdings                                                 | Herc Holdings Term Loan B 175 2032-06-01                                                                                             | CUSIP: 42705FAF3<br>LEI: 549300TP80QLITMSBP82 | Long             | LON              | CORP              | US        |    199500 | PA      | $199583.79    | 0.13%             | 2032-06-01      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |   4364000 | NC      | $19947.98     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| STEIV 2025 A 1                                                | STEIV 2025 A 1                                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $731520.30    | 0.47%             | 2046-04-15      | Fixed         | 6.82%                 | No            |                  3 | On Loan: No      |
| Albion Financing 1 S.a.r.l.                                   | AGKLN 5.375 05/21/30 REGs                                                                                                            | CUSIP: 000000000<br>LEI: 259400W9CABUZBRDLP97 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $115825.07    | 0.07%             | 2030-05-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PRIORITY 1 ISSUER LOGISTICS DAC                               | PRPM 2025-RCF3 A2                                                                                                                    | CUSIP: 69392PAB1<br>LEI: 635400FLODFXG5M9HI42 | Long             | ABS-O            | CORP              | IE        |    400000 | PA      | $397889.84    | 0.25%             | 2055-07-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                               | CDS CDX.NA.HY.43.V1                                                                                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-13452.36    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Becle Sab DE CV                                               | JBYCMX 2.5 10/14/31 144A                                                                                                             | CUSIP: 07586PAA9<br>LEI: 529900JY55CZKMJLCE09 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $171762.00    | 0.11%             | 2031-10-14      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                         | BELL 2025-1A A2II                                                                                                                    | CUSIP: 87342RAL8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $146491.46    | 0.09%             | 2055-08-25      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| HOMES TR 2025-NQM1                                            | HOMES 2025-NQM1 A3                                                                                                                   | CUSIP: 43761DAE0<br>LEI: 254900LUV7YA0N50XT86 | Long             | ABS-O            | CORP              | US        |    165350 | PA      | $165765.27    | 0.11%             | 2070-01-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   2527000 | NC      | $17398.44     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AASET MT-1 LTD                                                | AASET 2025-3A A                                                                                                                      | CUSIP: 00039NAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    686395 | PA      | $676945.51    | 0.43%             | 2050-02-16      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-3                 | GSKY 2025-3A C                                                                                                                       | CUSIP: 39571WAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $299016.78    | 0.19%             | 2060-12-27      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| ACHM TRUST 2025-HE3                                           | ACHM 2025-HE3 A                                                                                                                      | CUSIP: 00449VAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    166338 | PA      | $164978.73    | 0.11%             | 2055-11-25      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                           | D V6.2 02/15/56                                                                                                                      | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148680.65    | 0.10%             | 2056-02-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025-RRTL1            | GRADE 2025-RRTL1 A1                                                                                                                  | CUSIP: 79582NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $696790.50    | 0.45%             | 2040-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Air Canada                                                    | ACACN 4.625 08/15/29                                                                                                                 | CUSIP: 008911BL2<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    480000 | PA      | $342063.41    | 0.22%             | 2029-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                               | CDS CDX.NA.HY.43.V1                                                                                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |         1 | NC      | $-7018.88     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                   | CAUTO 2024-3A A2                                                                                                                     | CUSIP: 12510HBA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     98125 | PA      | $94414.35     | 0.06%             | 2054-10-15      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 6 LLC                                 | ARESDL 2025-2A B                                                                                                                     | CUSIP: 039960AE9<br>LEI: 254900F5EQV7KVCD4M68 | Long             | ABS-CBDO         | CORP              | US        |    350000 | PA      | $348888.09    | 0.22%             | 2037-10-16      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Series Trust-1 Trust                                          | GMACN 2025-WPAFB A                                                                                                                   | CUSIP: 817935AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1414246 | PA      | $1506551.52   | 0.96%             | 2036-08-10      | Fixed         | 7.15%                 | No            |                  3 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC             | GRAND RIVER FUNDING TRUST                                                                                                            | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | Short            | RA               | CORP              | US        |   -343875 | PA      | $-343875.00   | -0.22%            |  |  |  | No            |                  2 | On Loan: No      |
| JB Poindexter & Co Inc                                        | JBPOIN 8.75 12/15/31 144A                                                                                                            | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187510.45    | 0.12%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Dynasty Acquisition Co Inc                                    | DAEAVI L 10/31/31 19                                                                                                                 | CUSIP: 26812CAP1<br>LEI: 549300L1RCRPOAUCB870 | Long             | LON              | CORP              | US        |     13606 | PA      | $13599.44     | 0.01%             | 2031-10-31      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| CASTLELAKE AIRCRAFT STRUCTURED TRUST 2025-3                   | CLAST 2025-3A A                                                                                                                      | CUSIP: 14855YAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    292111 | PA      | $288345.07    | 0.18%             | 2050-11-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| PRIME PROPERTY FUND                                           | PRIME PROPERTY FUND                                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $299470.64    | 0.19%             | 2035-07-15      | Fixed         | 5.81%                 | No            |                  3 | On Loan: No      |
| Atkore Inc                                                    | ATKR 4.25 06/01/31 144A                                                                                                              | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |    125000 | PA      | $117234.74    | 0.07%             | 2031-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Cross 2026 NQM2 Mortgage Trust                                | CROSS 2026-NQM3 A2                                                                                                                   | CUSIP: 227925AF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2100000 | PA      | $2102320.92   | 1.34%             | 2071-03-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |   2852000 | NC      | $13122.27     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ATLAS SP AIRCRAFT LOAN PARTICIPATI                            | ATLAS SP AIRCRAFT LOAN PARTICIPATI                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000000.00   | 0.64%             | 2030-12-12      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley ABS Capital I Inc                              | MSAC 2007-HE2 A2D                                                                                                                    | CUSIP: 61753EAD2<br>LEI: 549300RLSHIMYD3FZB52 | Long             | ABS-O            | CORP              | US        |    876483 | PA      | $400030.75    | 0.26%             | 2037-01-25      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| FS RIALTO 2025-FL10 ISSUER LLC                                | FSRIA 2025-FL10 B                                                                                                                    | CUSIP: 30340KAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249012.60    | 0.16%             | 2042-08-19      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| SOLRR AIRCRAFT 2021-1 LTD                                     | SOLRR 2021-1 A                                                                                                                       | CUSIP: 83438LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    159565 | PA      | $151538.81    | 0.10%             | 2046-10-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| MAST 2026-1 LTD / MAST 2026-1 LLC                             | MASTT 2026-1A A                                                                                                                      | CUSIP: 57631AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    397619 | PA      | $390849.26    | 0.25%             | 2051-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                         | FN MA5854                                                                                                                            | CUSIP: 31418FQG5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8328 | PA      | $8488.97      | 0.01%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AL GCX Fund VIII Holdings                                     | AL GCX Fund VIII Holdings Term Loan B 200 2032-01-20                                                                                 | CUSIP: 00162AAB7<br>LEI: 254900KQJGH397AKYT16 | Long             | LON              | CORP              | US        |    146529 | PA      | $146208.49    | 0.09%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BRMN LN ADV 2024-58                                 | NEUB 2024-58A B                                                                                                                      | CUSIP: 640970AC3<br>LEI: 254900FFU2A0PJWUZ830 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249825.03    | 0.16%             | 2038-10-18      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC             | ICON INVESTMENTS SIX DAC                                                                                                             | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | Short            | RA               | CORP              | US        |   -195900 | PA      | $-195900.00   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2024-NQM1                            | JPMMT 2024-NQM1 A3                                                                                                                   | CUSIP: 465983AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     97268 | PA      | $97545.62     | 0.06%             | 2064-02-25      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                        | CITSEC 5.75 03/27/36                                                                                                                 | CUSIP: 17289RAF3<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $246691.67    | 0.16%             | 2036-03-27      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SG RESIDENTIAL MORTGAGE TRUST 2026-1                          | SGR 2026-1 A3                                                                                                                        | CUSIP: 818916AH1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    646309 | PA      | $640244.91    | 0.41%             | 2066-01-25      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |   -997500 | NC      | $-824.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DAE Funding LLC                                               | DUBAEE 4.95 01/15/33 144A                                                                                                            | CUSIP: 23371DAM6<br>LEI: 635400SZTPQL3Y1P2C76 | Long             | DBT              | CORP              | US        |    240000 | PA      | $227551.91    | 0.15%             | 2033-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AUTOSCOUT24 USD 1L TLB CL                                     | AUTOSCOUT24 USD 1L TLB CL                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | DE        |     49626 | PA      | $47424.03     | 0.03%             | 2031-12-10      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Belron                                                        | Belron Term Loan B 200 2031-10-01                                                                                                    | CUSIP: 08078UAQ6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     59104 | PA      | $59045.01     | 0.04%             | 2031-10-16      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| CMFT NET LEASE MASTER ISSUER LLC                              | CIMNL 2021-1 A2                                                                                                                      | CUSIP: 12575AAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    478852 | PA      | $412166.94    | 0.26%             | 2051-07-20      | Fixed         | 2.57%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                              | FR RQ0057                                                                                                                            | CUSIP: 3142J6B36<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7503 | PA      | $7648.68      | 0.00%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2024-RTL5                                | LHOME 2024-RTL5 A1                                                                                                                   | CUSIP: 50205WAA5<br>LEI: 529900ZQNJ23BIJVY871 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $100001.65    | 0.06%             | 2039-09-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                        | CITSEC 6.2 06/18/35                                                                                                                  | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |    870000 | PA      | $890072.30    | 0.57%             | 2035-06-18      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2025-3 LLC                                          | HLEND 2025-3A B                                                                                                                      | CUSIP: 403961AC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249143.20    | 0.16%             | 2037-01-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  -2177000 | NC      | $-8268.15     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Kkr Clo 16 Ltd. / Kkr Clo 16 LLC                              | KKR 16 A2R3                                                                                                                          | CUSIP: 48251BBG4<br>LEI: 254900VCKMCY079T6M57 | Long             | ABS-CBDO         | CORP              | KY        |   2250000 | PA      | $2242080.23   | 1.43%             | 2034-10-20      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                      | JANEST 6.125 11/01/32 144A                                                                                                           | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    680000 | PA      | $672444.32    | 0.43%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | ONEMAIN FINANCE CORP                                                                                                                 | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -498862 | PA      | $-498862.50   | -0.32%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | USD/EUR FORWARD                                                                                                                      | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1068.64     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | AS MILEAGE PLAN IP LTD                                                                                                               | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -427355 | PA      | $-427355.24   | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| CASTLELAKE AIRCRAFT STRUCTURED TRUS                           | CLAST 2025-1A A                                                                                                                      | CUSIP: 14856VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    226772 | PA      | $228392.30    | 0.15%             | 2050-02-15      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM12 TRUST                                          | OBX 2024-NQM12 A3                                                                                                                    | CUSIP: 67448PAC7<br>LEI: 254900MY906NOBBPOA44 | Long             | ABS-O            | CORP              | US        |     60164 | PA      | $60311.84     | 0.04%             | 2064-07-25      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.                              | FR RQ0095                                                                                                                            | CUSIP: 3142J6C92<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    552038 | PA      | $554879.23    | 0.35%             | 2056-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2026-5 LLC                                          | HLEND 2026-5A B                                                                                                                      | CUSIP: 403967AE2<br>LEI: 529900N6JRXPABMGOA33 | Long             | ABS-CBDO         | CORP              | US        |    950000 | PA      | $948097.72    | 0.61%             | 2039-04-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Frem Mil Hse Tr 2015-R1                                       | FMMHR 2015-R1 XA2                                                                                                                    | CUSIP: 35563CAK4<br>LEI: 549300ZG8WH0M4JSUM77 | Long             | ABS-O            | USGSE             | US        |    894279 | PA      | $50222.72     | 0.03%             | 2052-10-25      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| International-Matex Tank Terminals                            | International-Matex Tank Terminals Term Loan B 200 2030-10-01                                                                        | CUSIP: 45070BAL9<br>LEI: 549300TH2PHOLK31LB42 | Long             | LON              | CORP              | US        |    149000 | PA      | $148394.75    | 0.09%             | 2030-10-11      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |  -4367000 | NC      | $-12731.14    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| PENN Entertainment Inc                                        | PENN 6.75 04/01/31 144A                                                                                                              | CUSIP: 707569AY5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $631292.42    | 0.40%             | 2031-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                                   | BCECN V7 09/15/55                                                                                                                    | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $337761.27    | 0.22%             | 2055-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                           | GPN 5.2 11/15/32                                                                                                                     | CUSIP: 37940XAX0<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     85000 | PA      | $82510.05     | 0.05%             | 2032-11-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| SVC ABS LLC                                                   | SVC 2026-1A A                                                                                                                        | CUSIP: 78488JAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    550000 | PA      | $546261.10    | 0.35%             | 2056-03-20      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| GCAT 2022-NQM3 TRUST                                          | GCAT 2022-NQM3 A1                                                                                                                    | CUSIP: 36168MAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     75028 | PA      | $74771.61     | 0.05%             | 2067-04-25      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                           | ABT 5.5 03/15/56                                                                                                                     | CUSIP: 002824BW9<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |    225000 | PA      | $220618.60    | 0.14%             | 2056-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc.                                   | VZ 5.75 11/30/45                                                                                                                     | CUSIP: 92343VHH0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    175000 | PA      | $170415.11    | 0.11%             | 2045-11-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING I LLC                                    | STR 2025-1A A5                                                                                                                       | CUSIP: 86212FAF6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    349125 | PA      | $339091.46    | 0.22%             | 2055-10-20      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2017-2                   | DRMT 2025-CES1 A2                                                                                                                    | CUSIP: 24380WAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $699818.56    | 0.45%             | 2055-10-25      | Variable      | 5.48%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | FOUNDRY JV HOLDCO LLC                                                                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -489844 | PA      | $-489843.75   | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| Symetra Life Insurance Co.                                    | SYA 6.55 10/01/55 144A                                                                                                               | CUSIP: 87151KAA7<br>LEI: 2CKADF5K7JYB5EG0VY36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50098.35     | 0.03%             | 2055-10-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| LRECS 2025-CRE1 LLC                                           | LRECS 2025-CRE1 AS                                                                                                                   | CUSIP: 50230AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    750000 | PA      | $748451.25    | 0.48%             | 2043-08-19      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM1 TRUST                                           | OBX 2025-NQM1 A3                                                                                                                     | CUSIP: 673914AE7<br>LEI: 2549007E8KF1RJ2ZV866 | Long             | ABS-O            | CORP              | US        |     76053 | PA      | $76296.22     | 0.05%             | 2064-12-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | WYNDHAM HOTELS & RESORTS INC                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -725000 | PA      | $-725000.00   | -0.46%            |  |  |  | No            |                  2 | On Loan: No      |
| ELDRIDGE CLO 2025-2 LTD                                       | ELD 2025-2A C                                                                                                                        | CUSIP: 28473AAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    300000 | PA      | $300217.17    | 0.19%             | 2039-01-20      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | ALEXANDRIA REAL ESTATE                                                                                                               | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -185250 | PA      | $-185250.00   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| Telus Corp.                                                   | TCN V7 10/15/55                                                                                                                      | CUSIP: 87971MCM3<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $336880.17    | 0.22%             | 2055-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | CBOE VOLATILITY INDEX                                                                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |      -145 | NC      | $-3902.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| RLI Corp                                                      | RLI 5.375 06/01/36 .                                                                                                                 | CUSIP: 749607AD9<br>LEI: 529900AMTJE5ECN9PS55 | Long             | DBT              | CORP              | US        |    225000 | PA      | $216582.48    | 0.14%             | 2036-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN CLO 32R LTD                                  | NEUB 2019-32RA B                                                                                                                     | CUSIP: 64135XAC5<br>LEI: 25490093SHVBS5BLDZ40 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1498845.15   | 0.96%             | 2039-07-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Incorporated                    | RGA V6.65 09/15/55                                                                                                                   | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |    670000 | PA      | $667017.43    | 0.43%             | 2055-09-15      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Stack Infrastructure Issuer Llc                               | SIDC 2025-1A A2                                                                                                                      | CUSIP: 85236KAP7<br>LEI: 254900AV7V87H3A2WM57 | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $394115.20    | 0.25%             | 2050-05-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                                 | NI V5.75 07/15/56                                                                                                                    | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123098.21    | 0.08%             | 2056-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |   2528000 | NC      | $17405.33     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AMFAM HOLDINGS INC                                            | AMFAHI 3.833 03/11/51 144A                                                                                                           | CUSIP: 03115AAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1355000 | PA      | $927474.07    | 0.59%             | 2051-03-11      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Jane Street Group                                             | Jane Street Group Term Loan B 200 2031-12-01                                                                                         | CUSIP: 47077DAM2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | LON              | CORP              | US        |    148437 | PA      | $145553.35    | 0.09%             | 2031-12-15      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                        | FABSJV 5.9 01/25/33                                                                                                                  | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205622.35    | 0.13%             | 2033-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Grand River Funding Trust I                                   | JXN 6.311 02/15/36                                                                                                                   | CUSIP: 38644BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $201767.15    | 0.13%             | 2036-02-15      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| ANCHOR MORTGAGE TRUST 2025-RTL1                               | ANCHR 2025-RTL1 A1                                                                                                                   | CUSIP: 03290CAA4<br>LEI: 254900S7O2LYCU17JI96 | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $199766.96    | 0.13%             | 2040-05-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                         | FNMA-15YR                                                                                                                            | CUSIP: 01F042467<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    274505 | PA      | $272088.13    | 0.17%             | 2041-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                      | WYNFIN 6.25 03/15/33 144A                                                                                                            | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $24739.99     | 0.02%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | ABBOTT LABORATORIES                                                                                                                  | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -208125 | PA      | $-208125.00   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| SOLRR AIRCRAFT 2021-1 LTD                                     | SOLRR 2021-1 B                                                                                                                       | CUSIP: 83438LAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    325451 | PA      | $310045.68    | 0.20%             | 2046-10-15      | Fixed         | 3.43%                 | No            |                  2 | On Loan: No      |
| DRI HEALTHCARE LP                                             | DRI HEALTHCARE LP                                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $493598.43    | 0.32%             | 2031-06-30      | Floating      | 5.35%                 | No            |                  3 | On Loan: No      |
| TransMontaigne                                                | TransMontaigne Term Loan B 250 2028-11-01                                                                                            | CUSIP: 89376WAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    350000 | PA      | $349212.50    | 0.22%             | 2028-11-17      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | LOEWS CORPORATION                                                                                                                    | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -205150 | PA      | $-205150.00   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| Kaseya                                                        | Kaseya First-lien Term Loan 325 2032-02-23                                                                                           | CUSIP: 48578AAB4<br>LEI: 254900MISXMLRZ63NH46 | Long             | LON              | CORP              | US        |    350000 | PA      | $325937.50    | 0.21%             | 2032-03-22      | Floating      | 6.92%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                | C V6.625 PERP                                                                                                                        | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    530000 | PA      | $530397.62    | 0.34%             | N/A             | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| STWD 2021-FL2 LTD                                             | STWD 2021-FL2 AS                                                                                                                     | CUSIP: 78486BAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $399944.00    | 0.26%             | 2038-04-16      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| COLOSSUS ACQUIRECO LLC                                        | Colonial Enterprises Term Loan B 175 2032-06-03                                                                                      | CUSIP: 19682LAB4<br>LEI: 2549009FT92RXWA46910 | Long             | LON              | CORP              | US        |     99750 | PA      | $99329.06     | 0.06%             | 2032-07-30      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| UBS AG                                                        | USD/EUR FORWARD                                                                                                                      | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-114.25      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                    | RCICN V7.125 04/15/55                                                                                                                | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $337685.04    | 0.22%             | 2055-04-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CCC Information Services                                      | CCC Information Services Term Loan B 200 2032-01-12                                                                                  | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |    148587 | PA      | $147286.84    | 0.09%             | 2032-01-23      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Cox Communications, Inc.                                      | COXENT 5.8 12/15/53 144A                                                                                                             | CUSIP: 224044CT2<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |     50000 | PA      | $42302.92     | 0.03%             | 2053-12-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Pacific Bells                                                 | Pacific Bells Term Loan B (Add-on) 375 2028-11-10                                                                                    | CUSIP: 69403HAN0<br>LEI: 549300VGOQXINYVBJF37 | Long             | LON              | CORP              | US        |    347227 | PA      | $347660.92    | 0.22%             | 2028-11-10      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC             | ALLIANZ SE                                                                                                                           | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | Short            | RA               | CORP              | US        |   -400636 | PA      | $-400636.00   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  -2176000 | NC      | $-6319.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc                           | NextEra Energy Capital Holdings Inc SERIES U JUNIOR SUBORDINATED DEBENTURES DUE JUNE 1, 2085                                         | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |       225 | NS      | $5582.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PRPM 2025-RPL3 LLC                                            | PRPM 2025-RPL3 A2                                                                                                                    | CUSIP: 69392NAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $191639.30    | 0.12%             | 2055-04-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| COGNITA (LERNEN) 1L TLB3 CL USD                               | COGNITA (LERNEN) 1L TLB3 CL USD                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    396760 | PA      | $380559.98    | 0.24%             | 2031-10-27      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                | C V6.75 PERP EE                                                                                                                      | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99954.96     | 0.06%             | N/A             | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                              | AEP V5.8 03/15/56 C                                                                                                                  | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108659.65    | 0.07%             | 2056-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ArcLight GCX                                                  | ArcLight GCX Term Loan B 225 2032-12-06                                                                                              | CUSIP: 00162DAE5<br>LEI: 2549009G4C2J89LNWS21 | Long             | LON              | CORP              | US        |    600000 | PA      | $599436.00    | 0.38%             | 2032-12-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                          | FIGRE 2024-HE2 A                                                                                                                     | CUSIP: 316927AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    306432 | PA      | $312521.58    | 0.20%             | 2054-05-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Greensky Home Improvement Issuer Trust 2025-2                 | GSKY 2024-2 B                                                                                                                        | CUSIP: 39571XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     86083 | PA      | $86347.14     | 0.06%             | 2059-10-27      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| FS Rialto 2024-Fl9 Issuer LLC                                 | FSRIA 2024-FL9 B                                                                                                                     | CUSIP: 30338WAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99510.95     | 0.06%             | 2039-10-19      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM3                 | NRZT 2025-NQM3 A1                                                                                                                    | CUSIP: 64832CAC7<br>LEI: 2138002D8CMDYG7QOU84 | Long             | ABS-O            | CORP              | US        |     78791 | PA      | $79174.23     | 0.05%             | 2065-05-25      | Variable      | 5.53%                 | No            |                  2 | On Loan: No      |
| AWAYDAY(VACATION RENTAL BRANDS HOLDINGS) DD                   | AWAYDAY(VACATION RENTAL BRANDS HOLDINGS) DD                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      6623 | PA      | $6561.72      | 0.00%             | 2032-05-02      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| BSPRT 2025-FL12 ISSUER LLC                                    | BSPRT 2025-FL12 B                                                                                                                    | CUSIP: 05619BAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99768.76     | 0.06%             | 2043-01-17      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Sherwood Financing PLC                                        | ARWLN F 12/15/29 REGS                                                                                                                | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $448332.82    | 0.29%             | 2029-12-15      | Floating      | 7.65%                 | No            |                  2 | On Loan: No      |
| BO GPS IV CAPITAL CALL FACILITY D                             | BO GPS IV CAPITAL CALL FACILITY D                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $192520.55    | 0.12%             | 2032-10-30      | Fixed         | 5.38%                 | No            |                  3 | On Loan: No      |
| VB-S1 ISSUER LLC                                              | VBTEL 2026-1A D                                                                                                                      | CUSIP: 91825HAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1350000 | PA      | $1327313.66   | 0.85%             | 2056-03-15      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| SBA Tower Trust                                               | SBATOW 4.831 10/15/29 144A                                                                                                           | CUSIP: 78403DBD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     50000 | PA      | $50217.82     | 0.03%             | 2029-10-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| FS RIALTO 2025-FL10 ISSUER LLC                                | FSRIA 2025-FL10 A                                                                                                                    | CUSIP: 30340KAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $299355.69    | 0.19%             | 2042-08-19      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners Clo 69 (M) -R                          | GOCAP 2023-69A BR                                                                                                                    | CUSIP: 38182GAC8<br>LEI: 2549004WBNSFGOX1MY52 | Long             | ABS-CBDO         | CORP              | US        |    450000 | PA      | $448446.29    | 0.29%             | 2038-11-09      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM13 TRUST                                          | OBX 2024-NQM13 A2                                                                                                                    | CUSIP: 67119PAB7<br>LEI: 254900W2SY2Z6X7UAX78 | Long             | ABS-O            | CORP              | US        |     59613 | PA      | $59548.31     | 0.04%             | 2064-06-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Amsted Industries Incorporated                                | AMSIND 6.375 03/15/33 144A                                                                                                           | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45222.75     | 0.03%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| STWD 2025-FL4 LLC                                             | STWD 2025-FL4 B                                                                                                                      | CUSIP: 863922AE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1400000 | PA      | $1393070.84   | 0.89%             | 2042-11-19      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Loews Corporation                                             | L 4.94 04/01/36                                                                                                                      | CUSIP: 540424AU2<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | DBT              | CORP              | US        |    220000 | PA      | $215293.61    | 0.14%             | 2036-04-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |  -4364000 | NC      | $-12673.36    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CROSS 2025-H6 MORTGAGE TRUST                                  | CROSS 2025-H6 A2                                                                                                                     | CUSIP: 22758TAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    171333 | PA      | $171266.43    | 0.11%             | 2070-07-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| Humana Inc.                                                   | HUM V6.625 09/15/56                                                                                                                  | CUSIP: 444859CE0<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288295.38    | 0.18%             | 2056-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SLAM 2025-1 LTD                                               | SLAM 2025-1A A                                                                                                                       | CUSIP: 78450TAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    237549 | PA      | $240155.85    | 0.15%             | 2050-05-15      | Fixed         | 5.81%                 | No            |                  2 | On Loan: No      |
| GCAT 2025-NQM4 Trust                                          | GCAT 2025-NQM4 A2                                                                                                                    | CUSIP: 367923AD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    213731 | PA      | $214206.76    | 0.14%             | 2070-06-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              | CORP              | US        |  -2177000 | NC      | $-8268.15     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BSPRT 2025-FL12 ISSUER LLC                                    | BSPRT 2025-FL12 AS                                                                                                                   | CUSIP: 05619BAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99767.11     | 0.06%             | 2043-01-17      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2025-INV8                                      | PMTLT 2025-INV8 A7                                                                                                                   | CUSIP: 73015EAG4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    326968 | PA      | $331142.44    | 0.21%             | 2056-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | JANE STREET GROUP LLC                                                                                                                | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -628150 | PA      | $-628150.00   | -0.40%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | CITADEL SECURITIES GLOBAL HOLD                                                                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -234375 | PA      | $-234375.00   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc.                                     | CRBG V6.875 PERP                                                                                                                     | CUSIP: 21871XAU3<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    700000 | PA      | $713283.90    | 0.46%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc.                                                | C V6.875 PERP GG                                                                                                                     | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    400000 | PA      | $402823.20    | 0.26%             | N/A             | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NYMT LOAN TRUST 2025-CP1                                      | NYMT 2025-CP1 A2                                                                                                                     | CUSIP: 67121VAB0<br>LEI: 254900JF85A0S614L988 | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $654106.53    | 0.42%             | 2069-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Five Guys Funding LLC                                         | GUYS 2023-1A A2                                                                                                                      | CUSIP: 33830JAE5<br>LEI: 549300LV8X8T05G1H175 | Long             | ABS-O            | CORP              | US        |     98750 | PA      | $100579.25    | 0.06%             | 2054-01-25      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Aramark                                                       | Aramark Term Loan B-10 175 2030-06-01                                                                                                | CUSIP: 03852JBC4<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | LON              | CORP              | US        |    142005 | PA      | $142005.08    | 0.09%             | 2030-06-24      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                             | POWSOL 6.75 02/15/30 144A                                                                                                            | CUSIP: 18060TAD7<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $40900.00     | 0.03%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MILL CITY SECURITIES 2024-RS2 LTD                             | MCMLT 2024-RS2 A1                                                                                                                    | CUSIP: 59982DAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |     67825 | PA      | $64331.47     | 0.04%             | 2069-08-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |   3629000 | NC      | $19872.13     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ASX CLEARING CORPORATION LIMITED                              | ASX 10 Year Treasury Bond Futures                                                                                                    | CUSIP: 000000000<br>LEI: 549300USWUR0S7VMM868 | N/A              | DIR              | CORP              | AU        |        66 | NC      | $-3270.44     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Iqvia Inc                                                     | IQV 6.25 06/01/32 144A                                                                                                               | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    200000 | PA      | $203098.20    | 0.13%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TransDigm                                                     | TransDigm Term Loan L (Incremental) 250 2032-01-01                                                                                   | CUSIP: 89364MCD4<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     24688 | PA      | $24679.60     | 0.02%             | 2032-01-20      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | COMMERCIAL METALS COMPANY                                                                                                            | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -585244 | PA      | $-585243.75   | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | Three-Month SOFR Futures, Dec-2027,ETH                                                                                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |        81 | NC      | $-80360.25    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal National Mortgage Association                         | FNR 2025-104 DA                                                                                                                      | CUSIP: 3136BX3N2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   3414951 | PA      | $3395923.04   | 2.17%             | 2055-03-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PacifiCorp.                                                   | BRKHEC V7.375 09/15/55                                                                                                               | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    135000 | PA      | $128997.75    | 0.08%             | 2055-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HOPE GAS HOLDINGS LLC                                         | HOPE GAS HOLDINGS LLC                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99660.11     | 0.06%             | 2037-09-01      | Fixed         | 6.18%                 | No            |                  3 | On Loan: No      |
| CEAMER FINANCE IV LLC                                         | CEAMER FINANCE IV LLC                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $596756.38    | 0.38%             | 2040-12-15      | Floating      | 6.18%                 | No            |                  3 | On Loan: No      |
| OneMain Financial Corporation                                 | OMF 6.625 05/15/29                                                                                                                   | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50048.55     | 0.03%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| PRPM 2026-2 LLC                                               | PRPM 2026-2 A1                                                                                                                       | CUSIP: 74390XAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    357864 | PA      | $356726.27    | 0.23%             | 2031-02-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc.                                         | WEC V5.625 05/15/56                                                                                                                  | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122478.74    | 0.08%             | 2056-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| J P MORGAN MORTGAGE TRUST 2025-1                              | JPMMT 2025-1 A4                                                                                                                      | CUSIP: 46658UAE1<br>LEI: 529900DB310G9HU4BP72 | Long             | ABS-O            | CORP              | US        |    129304 | PA      | $130013.15    | 0.08%             | 2055-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| QTS ISSUER ABS I LLC                                          | QTS 2025-1A A2                                                                                                                       | CUSIP: 74690DAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $346103.52    | 0.22%             | 2055-05-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                         | ARE 5.25 03/15/36                                                                                                                    | CUSIP: 015271BF5<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195315.25    | 0.12%             | 2036-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES 2024-SFR1 TRUST                              | IHSFR 2024-SFR1 B                                                                                                                    | CUSIP: 46188DAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $96497.05     | 0.06%             | 2041-09-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                     | NIPLIF V6.5 04/30/55 144a                                                                                                            | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $206215.20    | 0.13%             | 2055-04-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                   | ENERGY TRANSFER LP                                                                                                                   | CUSIP: 000000000<br>LEI: 9DJT3UXIJIZJI4WXO774 | Short            | RA               | CORP              | US        |   -159375 | PA      | $-159375.00   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | IRS USD                                                                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-29643.68    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LOANCORE 2025-CRE9 ISSUER LLC                                 | LNCR 2025-CRE9 AS                                                                                                                    | CUSIP: 538912AC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $199591.34    | 0.13%             | 2042-08-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| CAPSTONE ACQUISITION 1L TL                                    | CAPSTONE ACQUISITION 1L TL                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      9057 | PA      | $9020.72      | 0.01%             | 2029-11-12      | Floating      | 8.27%                 | No            |                  3 | On Loan: No      |
| COLT 2025-3 MORTGAGE LOAN TRUST                               | COLT 2025-3 A2                                                                                                                       | CUSIP: 12674LAB9<br>LEI: 2138001CIB6QBPMZRF93 | Long             | ABS-O            | CORP              | US        |     70185 | PA      | $70202.56     | 0.04%             | 2070-03-25      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | CBOE VOLATILITY INDEX                                                                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |      -145 | NC      | $-13935.36    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                          | FIGRE 2025-PF1 B                                                                                                                     | CUSIP: 316922AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    158141 | PA      | $159010.63    | 0.10%             | 2055-06-25      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | CAD/USD FORWARD                                                                                                                      | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              | CORP              | US        |         1 | NC      | $8670.93      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| American National Group Inc.                                  | ANGINC V7 12/01/55                                                                                                                   | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118540.25    | 0.08%             | 2055-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | METLIFE INC                                                                                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -426375 | PA      | $-426375.00   | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |  -1140000 | NC      | $-4781.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Stream Innovations 2024-2 Issuer Trust                        | STRE 2024-2A A                                                                                                                       | CUSIP: 86324EAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     67137 | PA      | $67566.51     | 0.04%             | 2045-02-15      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| VFH Parent LLC & Valor Co-Issuer Inc.                         | VIRT 7.5 06/15/31 144A                                                                                                               | CUSIP: 91824YAA6<br>LEI: 549300FRO9M476YHHY64 | Long             | DBT              | CORP              | US        |    670000 | PA      | $688430.36    | 0.44%             | 2031-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Global Payments Inc                                           | GPN 4.875 11/15/30                                                                                                                   | CUSIP: 37940XAW2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122755.10    | 0.08%             | 2030-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Allwyn International                                          | Allwyn International Term Loan B (Incremental) 250 2032-10-25                                                                        | CUSIP: 02008EAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    350000 | PA      | $343000.00    | 0.22%             | 2032-11-10      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Fortress Credit BSL Limited                                   | Fortress Credit BSL XVI Ltd                                                                                                          | CUSIP: 349927AQ6<br>LEI: 254900KG4E8W7Q68M916 | Long             | ABS-CBDO         | CORP              | JE        |    250000 | PA      | $250087.78    | 0.16%             | 2035-10-20      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas                                                | Hunter Douglas Term Loan B 325 2032-01-05                                                                                            | CUSIP: 000000000<br>LEI: 529900811T142NS3H544 | Long             | LON              | CORP              | US        |    148125 | PA      | $147261.43    | 0.09%             | 2032-01-20      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| OWL ROCK CLO XXII LLC                                         | OR 2025-22A A                                                                                                                        | CUSIP: 69121AAA4<br>LEI: 254900R8KCHZBP66MP06 | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $300586.77    | 0.19%             | 2037-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 16(M)-R3 LTD                       | GOCAP 2013-16A A1R3                                                                                                                  | CUSIP: 38181EAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $150009.23    | 0.10%             | 2039-08-09      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| Wellfleet Clo 2022-2 Ltd.                                     | WELF 2022-2A BR                                                                                                                      | CUSIP: 94949FAN3<br>LEI: 2549008BRKHJZB917M86 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250135.18    | 0.16%             | 2037-10-19      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Tripadvisor Inc                                               | Tripadvisor Inc Term Loan B 275 2031-06-19                                                                                           | CUSIP: 89677NAE4<br>LEI: 549300XVG45PT5BART17 | Long             | LON              | CORP              | US        |      9899 | PA      | $9355.03      | 0.01%             | 2031-07-08      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | VERTIV HOLDINGS CO                                                                                                                   | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -159688 | PA      | $-159687.50   | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| Telus Corp.                                                   | TCN V6.625 06/09/56 ...                                                                                                              | CUSIP: 87971MCR2<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |    185000 | PA      | $180330.45    | 0.12%             | 2056-06-09      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ARSENAL AIC PARENT LLC                                        | Arconic Rolled Products Corp Term Loan B 275 2030-08-01                                                                              | CUSIP: 04287KAG6<br>LEI: 254900G9F9HA5EP57J39 | Long             | LON              | CORP              | US        |     58155 | PA      | $58227.73     | 0.04%             | 2030-08-19      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLVIII LTD                               | MDPK 2021-48A CR                                                                                                                     | CUSIP: 55821UAS3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499792.60    | 0.32%             | 2039-01-19      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Graphic Packaging International LLC                           | GPK 6.375 07/15/32 144A                                                                                                              | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    310000 | PA      | $308537.46    | 0.20%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AASET 2025-1 LTD                                              | AASET 2025-1A A                                                                                                                      | CUSIP: 00258PAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    229774 | PA      | $231143.45    | 0.15%             | 2050-02-16      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| TEXTAINER MARINE CONTAINERS VII LTD                           | TMCL 2021-3A A                                                                                                                       | CUSIP: 88315LAS7<br>LEI: 549300X48KLHDDGPK024 | Long             | ABS-O            | CORP              | BM        |    253333 | PA      | $225001.04    | 0.14%             | 2046-08-20      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2018-2                   | DRMT 2025-CES1 A1B                                                                                                                   | CUSIP: 24380WAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    627519 | PA      | $627302.96    | 0.40%             | 2055-10-25      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | AMERICO LIFE INC.                                                                                                                    | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -170250 | PA      | $-170250.00   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                  | T 4 11/15/35                                                                                                                         | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    320000 | PA      | $312150.00    | 0.20%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KROLL (DEERFIELD) 1L TLB CL USD                               | KROLL (DEERFIELD) 1L TLB CL USD                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    151243 | PA      | $150698.57    | 0.10%             | 2032-09-13      | Floating      | 4.72%                 | No            |                  3 | On Loan: No      |
| ADT Security Corp.                                            | ADT 4.875 07/15/32 144A                                                                                                              | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    400000 | PA      | $373631.48    | 0.24%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                       | MPLX 5.65 03/01/53                                                                                                                   | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45672.54     | 0.03%             | 2053-03-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| team.blue                                                     | team.blue Term Loan B 325 2032-07-01                                                                                                 | CUSIP: 000000000<br>LEI: 549300DR8PIYMOZ4YU85 | Long             | LON              | CORP              | US        |    447750 | PA      | $426481.88    | 0.27%             | 2032-07-12      | Floating      | 6.95%                 | No            |                  2 | On Loan: No      |
| Flutter Entertainment                                         | Flutter Entertainment Term Loan B (Incremental) 200 2032-05-17                                                                       | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | LON              | CORP              | US        |     99250 | PA      | $98009.38     | 0.06%             | 2032-06-04      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| AS MILEAGE PLAN IP LTD                                        | ALK 5.308 10/20/31 144A                                                                                                              | CUSIP: 00218QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    650000 | PA      | $635831.50    | 0.41%             | 2031-10-20      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC             | EQT AB                                                                                                                               | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | Short            | RA               | CORP              | US        |   -193368 | PA      | $-193368.00   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| ContourGlobal Power Holdings S.A.                             | CONGLO 6.75 02/28/30 144A                                                                                                            | CUSIP: 21220LAB9<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $202248.00    | 0.13%             | 2030-02-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | CBOE VOLATILITY INDEX                                                                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |      -145 | NC      | $-4837.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mile Trust 2025-STNE                                          | MILE 2025-STNE B                                                                                                                     | CUSIP: 59918AAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $895500.00    | 0.57%             | 2042-07-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | GRAND RIVER FUNDING TRUST                                                                                                            | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -191250 | PA      | $-191250.00   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                           | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        |   -997500 | NC      | $-4581.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EQT AB                                                        | EQTSS 5.85 05/08/35 144A                                                                                                             | CUSIP: 29439EAA7<br>LEI: 213800U7P9GOIRKCTB34 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $200441.60    | 0.13%             | 2035-05-08      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Rocket Companies Inc                                          | RKT 6.375 08/01/33 144A                                                                                                              | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $333545.52    | 0.21%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SIRIUS XM RADIO LLC                                                                                                                  | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -361500 | PA      | $-361500.00   | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco S.a.r.l.                                  | MEXPCP 5.5 08/17/30 144A                                                                                                             | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |    250000 | PA      | $251312.50    | 0.16%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC                        | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              | CORP              | GB        |   6531000 | NC      | $35763.26     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  -1140000 | NC      | $-1039.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUE OWL IV (FKA DYAL IV) SR SEC A                            | BLUE OWL IV (FKA DYAL IV) SR SEC A                                                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    156000 | PA      | $152259.06    | 0.10%             | 2045-08-22      | Fixed         | 5.94%                 | No            |                  3 | On Loan: No      |
| Oracle Corp.                                                  | ORCL 4.8 09/26/32                                                                                                                    | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     75000 | PA      | $71426.09     | 0.05%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  -2173000 | NC      | $-6334.96     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                              | UWMC 6.25 03/15/31 144A                                                                                                              | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $637479.85    | 0.41%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Finance Co.                                   | GBLATL V7.25 03/01/56 144A                                                                                                           | CUSIP: 37959GAH0<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    475000 | PA      | $447717.09    | 0.29%             | 2056-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HF Sinclair Corp.                                             | DINO 6.25 01/15/35                                                                                                                   | CUSIP: 403949AS9<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154878.98    | 0.10%             | 2035-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Alumina Pty Ltd.                                              | AA 6.375 09/15/32 144A                                                                                                               | CUSIP: 02220AAB3<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |    200000 | PA      | $205447.40    | 0.13%             | 2032-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FOUNDATION FINANCE TRUST 2025-1                               | FFIN 2025-1A C                                                                                                                       | CUSIP: 35040WAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     90354 | PA      | $90995.47     | 0.06%             | 2050-04-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| PRPM 2026-1 LLC                                               | PRPM 2026-1 A1                                                                                                                       | CUSIP: 74449BAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    539267 | PA      | $533573.60    | 0.34%             | 2031-02-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| Taco Bell Funding Llc                                         | BELL 2025-1A A2I                                                                                                                     | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $147695.46    | 0.09%             | 2055-08-25      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                            | VEGLPL 7.5 05/01/33 144A                                                                                                             | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    120000 | PA      | $131904.48    | 0.08%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TR 2024-9                                | VERUS 2024-9 A3                                                                                                                      | CUSIP: 92540RAE4<br>LEI: 213800LFRCPWSTP6LX39 | Long             | ABS-O            | CORP              | US        |     76056 | PA      | $76327.32     | 0.05%             | 2069-11-25      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Darktrace                                                     | Darktrace First-lien Term Loan 325 2031-06-12                                                                                        | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    298492 | PA      | $285099.11    | 0.18%             | 2031-10-09      | Floating      | 6.90%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 6 LLC                                 | ARESDL 2025-2A A1                                                                                                                    | CUSIP: 039960AA7<br>LEI: 254900F5EQV7KVCD4M68 | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $200376.90    | 0.13%             | 2037-10-16      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| ESAB Corp.                                                    | ESAB 5.625 04/01/31 144A                                                                                                             | CUSIP: 29605JAB2<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |    650000 | PA      | $654556.50    | 0.42%             | 2031-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BIP PIPECO HOLDINGS LLC                                       | AL NGPL FUND VIII FUNDIN                                                                                                             | CUSIP: 05554DAB6<br>LEI: 254900VCXW4EPI0VC343 | Long             | LON              | CORP              | US        |    350000 | PA      | $350147.00    | 0.22%             | 2030-12-09      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| Meiji Yasuda Life Insurance Co.                               | MYLIFE V6.1 06/11/55 144A                                                                                                            | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $200182.60    | 0.13%             | 2055-06-11      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Cerberus Loan Funding XLVIII LLC                              | CERB 2024-4A C                                                                                                                       | CUSIP: 15675JAE0<br>LEI: 635400TT2BPIAD7JRA96 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99472.18     | 0.06%             | 2036-10-15      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| BXMT 2026-FL6 LTD                                             | BXMT 2026-FL6 B                                                                                                                      | CUSIP: 05620AAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    550000 | PA      | $545304.49    | 0.35%             | 2043-08-19      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  -3629000 | NC      | $-13812.99    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |   -997500 | NC      | $-4581.91     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | JPY CALL VERSUS USD PUT                                                                                                              | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |    177000 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WAMU ASSET-BACKED CERTIFICATES WAMU SERIES 2007-HE2 TRUST     | WMHE 2007-HE2 2A1                                                                                                                    | CUSIP: 92926SAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    967290 | PA      | $333881.29    | 0.21%             | 2037-04-25      | Floating      | 4.01%                 | No            |                  3 | On Loan: No      |
| A10 2025-FL6 Issuer LLC                                       | A10 2025-FL6 A                                                                                                                       | CUSIP: 00028AAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    700000 | PA      | $699691.72    | 0.45%             | 2042-05-15      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | UWM HOLDINGS CORP                                                                                                                    | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -588875 | PA      | $-588875.00   | -0.38%            |  |  |  | No            |                  2 | On Loan: No      |
| OWL ROCK CLO LLC 2024-19                                      | OR 2024-19A B                                                                                                                        | CUSIP: 69120NAB5<br>LEI: 254900PD652278RSJX41 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99709.62     | 0.06%             | 2037-10-22      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| AASET 2024-2 LTD                                              | AASET 2024-2A A                                                                                                                      | CUSIP: 00038QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    223450 | PA      | $225095.93    | 0.14%             | 2049-09-16      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Blackfin Pipeline                                             | Blackfin Pipeline Term Loan B 300 2032-09-21                                                                                         | CUSIP: 09231PAB2<br>LEI: 254900F4BUS186SK8A51 | Long             | LON              | CORP              | US        |    199500 | PA      | $200309.97    | 0.13%             | 2032-09-29      | Floating      | 6.69%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-9                             | VERUS 2025-9 A2                                                                                                                      | CUSIP: 92490EAH6<br>LEI: 2138002AFCEWDDRL8N22 | Long             | ABS-O            | CORP              | US        |    711619 | PA      | $708078.13    | 0.45%             | 2070-10-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| BLUE STREAM ISSUER LLC                                        | BSTRM 2024-1A A2                                                                                                                     | CUSIP: 09606BAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $201811.82    | 0.13%             | 2054-11-20      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2025-3 LLC                                          | HLEND 2025-3A A                                                                                                                      | CUSIP: 403961AA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $298742.55    | 0.19%             | 2037-01-20      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| Bombardier Recreational Products                              | Bombardier Recreational Products Term Loan B-4 (Incremental) 275 2031-01-01                                                          | CUSIP: 09776MAT1<br>LEI: 549300DZZJW11IMTMJ24 | Long             | LON              | CORP              | US        |    348250 | PA      | $348194.28    | 0.22%             | 2031-01-22      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| COMPASS DATACENTERS ISSUER III LLC                            | CMDC 2026-1A A22                                                                                                                     | CUSIP: 20469BAG2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    950000 | PA      | $930378.04    | 0.60%             | 2056-02-25      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 8 LLC                                 | ARESDL 2025-4A B                                                                                                                     | CUSIP: 039933AE6<br>LEI: 2549008VI9L2AN96MC59 | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $299007.24    | 0.19%             | 2039-01-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                   | 2-Year T-Note Futures, Jun-2026,ETH                                                                                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        52 | NC      | $-17412.13    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2021-NMR1                       | MCMLT 2021-NMR1 M3                                                                                                                   | CUSIP: 59982HAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    120000 | PA      | $100129.66    | 0.06%             | 2060-11-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| KINETIC ABS ISSUER LLC                                        | UNITK 2026-1A A2                                                                                                                     | CUSIP: 49459AAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $249287.78    | 0.16%             | 2056-02-25      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |   2528000 | NC      | $17405.33     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                          | FIGRE 2024-HE6 C                                                                                                                     | CUSIP: 31684DAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    111890 | PA      | $112284.56    | 0.07%             | 2054-12-25      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 54M-R LTD                          | GOCAP 2021-54A A1R                                                                                                                   | CUSIP: 38181GAA3<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $499050.85    | 0.32%             | 2037-08-05      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | JEFFERIES FINANCIAL GROUP INC                                                                                                        | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -370988 | PA      | $-370987.50   | -0.24%            |  |  |  | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2025-12                              | AOMT 2025-12 A3                                                                                                                      | CUSIP: 03466KAE6<br>LEI: 254900ZULW8CAJ29C630 | Long             | ABS-O            | CORP              | US        |   1344405 | PA      | $1336998.32   | 0.86%             | 2070-12-25      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC             | MEIJI YASUDA LIFE INSURANCE CO                                                                                                       | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | Short            | RA               | CORP              | US        |   -195694 | PA      | $-195694.00   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| US Foods Inc                                                  | USFOOD 7.25 01/15/32 144A                                                                                                            | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    350000 | PA      | $362168.61    | 0.23%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Fortitude Group Holdings LLC                                  | FORTRE 6.25 04/01/30 144A                                                                                                            | CUSIP: 34966XAA6<br>LEI: 2549006R9ZUL08JFIH12 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50918.11     | 0.03%             | 2030-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                            | VEGLPL 6.125 12/15/30 144A                                                                                                           | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $128553.25    | 0.08%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LOANCORE 2025-CRE8 ISSUER LLC                                 | LNCR 2025-CRE8 B                                                                                                                     | CUSIP: 53947FAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99696.58     | 0.06%             | 2042-08-18      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| UPX HIL 2025-1 ISSUER TRUST                                   | UPXHI 2025-1 A                                                                                                                       | CUSIP: 916925AA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    195051 | PA      | $194241.30    | 0.12%             | 2047-01-25      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                   | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DIR              | CORP              | FR        |   -712500 | NC      | $-2909.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BDS 2025-FL14 LLC                                             | BDS 2025-FL14 AS                                                                                                                     | CUSIP: 072921AC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    200000 | PA      | $198632.00    | 0.13%             | 2042-10-21      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Servpro Master Issuer Llc                                     | SPRO 2024-1A A2                                                                                                                      | CUSIP: 817743AJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    392000 | PA      | $401351.83    | 0.26%             | 2054-01-25      | Fixed         | 6.17%                 | No            |                  2 | On Loan: No      |
| QTS GOOD NEWS FCLTY REVR FUNDED                               | QTS GOOD NEWS FCLTY REVR FUNDED                                                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22710 | PA      | $22709.97     | 0.01%             | 2028-10-09      | Floating      | 6.95%                 | No            |                  3 | On Loan: No      |
| NYMT LOAN TRUST 2025-CP1                                      | NYMT 2025-CP1 A1                                                                                                                     | CUSIP: 67121VAA2<br>LEI: 254900JF85A0S614L988 | Long             | ABS-O            | CORP              | US        |    229250 | PA      | $220607.54    | 0.14%             | 2069-11-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                   | MTCHII 4.125 08/01/30 144A                                                                                                           | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    650000 | PA      | $602375.38    | 0.39%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS SECURITIES CORP.                                  | GLOBAL ATLANTIC (FIN) CO                                                                                                             | CUSIP: 000000000<br>LEI: RCNB6OTYUAMMP879YW96 | Short            | RA               | CORP              | US        |   -430469 | PA      | $-430468.75   | -0.28%            |  |  |  | No            |                  2 | On Loan: No      |
| American Electric Power Co, Inc.                              | AEP V6.05 03/15/56 D                                                                                                                 | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    110000 | PA      | $109018.23    | 0.07%             | 2056-03-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| WSP Global Inc                                                | WSPCN 5.714 09/18/36 144A                                                                                                            | CUSIP: 92938WAH6<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $148650.55    | 0.10%             | 2036-09-18      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                           | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        |   2528000 | NC      | $17405.33     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JCP DIRECT LENDING CLO 2023-1 LTD                             | JCPDL 2023-1A BR                                                                                                                     | CUSIP: 46656TAW6<br>LEI: 254900B78BA7J8JB6X59 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $997198.30    | 0.64%             | 2037-07-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Securities Cash Management                   | Dreyfus Treasury Securities Cash Management INSTL SHS                                                                                | CUSIP: 261941108<br>LEI: 549300U78VESCW509025 | Long             | STIV             | RF                | US        |    196022 | NS      | $196021.64    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI AIRCRAFT LEASING DDTL UNF                                | FTAI AIRCRAFT LEASING DDTL UNF                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    665774 | PA      | $0.67         | 0.00%             | 2031-03-27      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | GA GLOBAL FUNDING TRUST                                                                                                              | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -429188 | PA      | $-429187.50   | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| Darling Global Finance Bv                                     | DAR 4.5 07/15/32 144A                                                                                                                | CUSIP: 000000000<br>LEI: 724500R2BQXOR6YG2Y67 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $114999.42    | 0.07%             | 2032-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO 83 M                               | GOCAP 2025-83A B                                                                                                                     | CUSIP: 38182EAE9<br>LEI: 254900VLZT72CPBHZ909 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99653.30     | 0.06%             | 2038-11-09      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Vertiv Holdings Co                                            | VRT 5.8 03/15/56                                                                                                                     | CUSIP: 92537NAC2<br>LEI: 549300KTTIRAOGXCRV69 | Long             | DBT              | CORP              | US        |    175000 | PA      | $168217.49    | 0.11%             | 2056-03-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Farmers Insurance Exchange Inc.                               | FARMER V7 10/15/64 144A                                                                                                              | CUSIP: 309601AG7<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19989.39     | 0.01%             | 2064-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM16 TRUST                                          | OBX 2024-NQM16 A2                                                                                                                    | CUSIP: 67120GAD0<br>LEI: 254900AIRPH5Q5COT575 | Long             | ABS-O            | CORP              | US        |     60544 | PA      | $60825.53     | 0.04%             | 2064-10-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                           | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        |   -997500 | NC      | $-824.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PMT LOAN TRUST 2025-INV7                                      | PMTLT 2025-INV7 A7                                                                                                                   | CUSIP: 73015FAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    311724 | PA      | $314640.99    | 0.20%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| PILATUS 1 CFO SR NOTES                                        | PILATUS 1 CFO SR NOTES                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250000.00    | 0.16%             | 2040-03-31      | Fixed         | 6.46%                 | No            |                  3 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | DOMINION ENERGY INC                                                                                                                  | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -142125 | PA      | $-142125.00   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Ascot Group Limited                                           | ASCOTG V6.349 06/15/35 144A                                                                                                          | CUSIP: 04365XAB4<br>LEI: 213800DJV7WRJBE2II28 | Long             | DBT              | CORP              | BM        |     50000 | PA      | $51018.86     | 0.03%             | 2035-06-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| NLT 2026-NQM1 TRUST                                           | NLT 2026-NQM1 TRUST CMO 2071-02-25 USD                                                                                               | CUSIP: 62916WAJ1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3100000 | PA      | $3241029.23   | 2.07%             | 2071-02-25      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                     | Caesars Entertainment Inc Term Loan B 225 2030-02-01                                                                                 | CUSIP: 12768EAG1<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |     97006 | PA      | $94095.81     | 0.06%             | 2030-02-01      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXXIV LTD                                | MDPK 2025-71A B                                                                                                                      | CUSIP: 55817DAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $249266.63    | 0.16%             | 2038-04-23      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| Gcat 2025-INV3 Trust                                          | GCAT 2025-INV3 A5                                                                                                                    | CUSIP: 36831DAE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    166623 | PA      | $168245.75    | 0.11%             | 2055-08-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Telus Corp.                                                   | TCN V6.375 06/09/56 .                                                                                                                | CUSIP: 87971MCQ4<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |    210000 | PA      | $207897.33    | 0.13%             | 2056-06-09      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  -1140000 | NC      | $-4781.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | CBOE VOLATILITY INDEX                                                                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |       145 | NC      | $27395.04     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | GLOBAL PAYMENTS INC                                                                                                                  | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -129150 | PA      | $-129150.00   | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                 | OMF 7.5 05/15/31                                                                                                                     | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    530000 | PA      | $532830.20    | 0.34%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Telus Corp.                                                   | TCN V6.625 10/15/55 **                                                                                                               | CUSIP: 87971MCL5<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $50018.30     | 0.03%             | 2055-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                             | ES V6.35 08/15/56 B                                                                                                                  | CUSIP: 30040WBD9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98645.60     | 0.06%             | 2056-08-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE STRATEGIC CAP HLDNG II                             | BLACKSTONE STRATEGIC CAP HLDNG II                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1900000 | PA      | $1900000.00   | 1.22%             | 2033-12-31      | Floating      | 5.64%                 | No            |                  3 | On Loan: No      |
| American National Group Inc.                                  | American National Group Inc. DEPOSITARY SHARE REPRESENTING 1/1000TH, 7.375% FIXED-RATE NON-CUMULATIVE PREFERRED STOCK SERIES D       | CUSIP: 025676859<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |      1000 | NS      | $23600.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PFP 2025-12 LTD                                               | PFP 2025-12 AS                                                                                                                       | CUSIP: 69382JAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $399290.80    | 0.26%             | 2042-12-18      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC             | FOUNDRY JV HOLDCO LLC                                                                                                                | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | Short            | RA               | CORP              | US        |   -197000 | PA      | $-197000.00   | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| GS REFT 2026-FL1 Issuer Ltd. / GS REFT 2026-FL1 Co-issuer LLC | GSREFT 2026-FL1 C                                                                                                                    | CUSIP: 36274DAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1050000.00   | 0.67%             | 2043-10-19      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FDG TR 2024-NQM5                            | BRAVO 2024-NQM5 A3                                                                                                                   | CUSIP: 105925AC5<br>LEI: 254900RBHU9OC1RNXD92 | Long             | ABS-O            | CORP              | US        |     93227 | PA      | $93707.71     | 0.06%             | 2064-06-25      | Variable      | 6.16%                 | No            |                  2 | On Loan: No      |
| A10 2025-FL6 Issuer LLC                                       | A10 2025-FL6 AS                                                                                                                      | CUSIP: 00028AAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    700000 | PA      | $697932.13    | 0.45%             | 2042-05-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION                         | CBOE VOLATILITY INDEX                                                                                                                | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |       145 | NC      | $12924.45     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Metis Issuer 2025-1 LLC                                       | Metis Issuer 2025-1 LLC 6.892% NTS 15/05/2055 USD (144A)                                                                             | CUSIP: 59155MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $248666.08    | 0.16%             | 2055-05-15      | Fixed         | 6.89%                 | No            |                  3 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | ESAB CORP                                                                                                                            | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -593938 | PA      | $-593937.50   | -0.38%            |  |  |  | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                            | VEGLPL 6.5 06/15/34 144A                                                                                                             | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $130119.00    | 0.08%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRICON RESIDENTIAL 2024-SFR1 TRUST                            | TCN 2024-SFR1 B                                                                                                                      | CUSIP: 89616UAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1481149.05   | 0.95%             | 2041-04-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | CROSSCOUNTRY INTERMEDIATE HOLD                                                                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -632625 | PA      | $-632625.00   | -0.40%            |  |  |  | No            |                  2 | On Loan: No      |
| ATLX 2024-RPL1                                                | ATLX 2024-RPL1 A1                                                                                                                    | CUSIP: 049915AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     86722 | PA      | $84331.63     | 0.05%             | 2064-04-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM13 TRUST                                          | OBX 2025-NQM13 A3                                                                                                                    | CUSIP: 67121UAC0<br>LEI: 254900FPAGVH6E25VL74 | Long             | ABS-O            | CORP              | US        |    116818 | PA      | $117180.65    | 0.07%             | 2065-05-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | IRS USD                                                                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-236323.87   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| Tricon Residential 2024-SFR4 Trust                            | TCN 2024-SFR4 B                                                                                                                      | CUSIP: 895975AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98181.89     | 0.06%             | 2041-11-17      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                                      | JPY CALL VERSUS USD PUT                                                                                                              | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |     79000 | NC      | $30.17        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Global Atlantic Finance Co.                                   | GBLATL V7.95 10/15/54 144A                                                                                                           | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192572.38    | 0.12%             | 2054-10-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| HOTWIRE FUNDING LLC                                           | HWIRE 2024-1A B                                                                                                                      | CUSIP: 44148JAK5<br>LEI: 254900ZCO90MCT7Y9348 | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $152587.01    | 0.10%             | 2054-06-20      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 2 LLC                                 | ARESDL 2024-2A B                                                                                                                     | CUSIP: 04021CAE0<br>LEI: 254900G0OBAGPDEAK422 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99708.41     | 0.06%             | 2036-10-20      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  -3628000 | NC      | $-13809.19    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CAFL 2025-RRTL2 Issuer LP                                     | CAFL 2025-RRTL2 A1                                                                                                                   | CUSIP: 12770JAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1400000 | PA      | $1397421.90   | 0.89%             | 2040-11-28      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | AMERICAN EXPRESS COMPANY                                                                                                             | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -115350 | PA      | $-115350.00   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |   2176000 | NC      | $9946.57      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Spire Inc                                                     | SR V6.25 06/01/56                                                                                                                    | CUSIP: 84857LAD3<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247211.93    | 0.16%             | 2056-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                         | SWTCH 2026-1A A21                                                                                                                    | CUSIP: 871044BA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1249703.75   | 0.80%             | 2056-03-27      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| JEFFERIES CREDIT PARTNERS DIRECT LENDING CLO 2025-1 LTD       | JCPDL 2025-1A C                                                                                                                      | CUSIP: 47235BAG8<br>LEI: 213800SOG377Y9E1U217 | Long             | ABS-CBDO         | CORP              | KY        |    150000 | PA      | $149160.23    | 0.10%             | 2037-10-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 49M-R2 LTD                         | GOCAP 2020-49A A1R2                                                                                                                  | CUSIP: 38181HAC7<br>LEI: 254900HDEN0DKV4B8U17 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1503095.40   | 0.96%             | 2038-07-20      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Hunt Companies, Inc.                                          | HUNTCO 5.25 04/15/29 144A                                                                                                            | CUSIP: 445587AE8<br>LEI: 549300ODPWDNCH5TKM49 | Long             | DBT              | CORP              | US        |    365000 | PA      | $342412.56    | 0.22%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2026-HE2                                          | FIGRE 2026-HE2 B                                                                                                                     | CUSIP: 31684VAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $197896.96    | 0.13%             | 2056-01-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| ALTDE 2025-1 TRUST                                            | ALTDE 2025-1A A                                                                                                                      | CUSIP: 00166NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    231420 | PA      | $232799.95    | 0.15%             | 2050-08-15      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY & CO. INTERNATIONAL PLC                        | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DIR              | CORP              | GB        |  -6531000 | NC      | $-24858.82    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| OBX 2024-NQM15 TRUST                                          | OBX 2024-NQM15 A3                                                                                                                    | CUSIP: 67449DAC3<br>LEI: 254900YXEB756F6RCA13 | Long             | ABS-O            | CORP              | US        |     64693 | PA      | $64795.70     | 0.04%             | 2064-10-25      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Wingstop Funding LLC                                          | WSTOP 2024-1A A2                                                                                                                     | CUSIP: 974153AE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    450000 | PA      | $457005.74    | 0.29%             | 2054-12-05      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| GCAT 2025-NQM3 TRUST                                          | GCAT 2025-NQM3 A3                                                                                                                    | CUSIP: 36171MAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    215385 | PA      | $216087.17    | 0.14%             | 2070-05-25      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| FIDIUM LLC                                                    | CNSL 2026-1A A2                                                                                                                      | CUSIP: 315961AG7<br>LEI: 549300WW675Y48HDVX34 | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $98701.10     | 0.06%             | 2056-03-20      | Fixed         | 5.08%                 | No            |                  2 | On Loan: No      |
| Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc       | BHI 5.85 06/15/56                                                                                                                    | CUSIP: 05724BAQ2<br>LEI: 549300XU3XH6F05YEQ93 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195708.45    | 0.13%             | 2056-06-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners Clo 69 (M) -R                          | GOCAP 2023-69A CR                                                                                                                    | CUSIP: 38182GAE4<br>LEI: 2549004WBNSFGOX1MY52 | Long             | ABS-CBDO         | CORP              | US        |    450000 | PA      | $447318.18    | 0.29%             | 2038-11-09      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| Bravo Residential Funding Trust 2025-Ces1                     | BRAVO 2025-CES1 A1A                                                                                                                  | CUSIP: 10569PAA4<br>LEI: 254900AZU85EXAPTTF77 | Long             | ABS-O            | CORP              | US        |    124744 | PA      | $125445.68    | 0.08%             | 2055-02-25      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Oneok Inc.                                                    | OKE 7.15 01/15/51                                                                                                                    | CUSIP: 682680BF9<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53918.98     | 0.03%             | 2051-01-15      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| RECESS HOLDINGS INC                                           | RECESS HOLDINGS INC                                                                                                                  | CUSIP: 72811HAJ9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    496981 | PA      | $497512.90    | 0.32%             | 2030-02-20      | Floating      | 7.42%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2023-CES2                           | TPMT 2023-CES2 A1A                                                                                                                   | CUSIP: 89182FAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     43851 | PA      | $44110.10     | 0.03%             | 2063-10-25      | Variable      | 7.29%                 | No            |                  2 | On Loan: No      |
| MetLife Inc.                                                  | MET V6.35 03/15/55 G                                                                                                                 | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71032.57     | 0.05%             | 2055-03-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM2                 | NRZT 2024-NQM2 A3                                                                                                                    | CUSIP: 64832BAE5<br>LEI: 213800Z6O4V4V96AU133 | Long             | ABS-O            | CORP              | US        |     64476 | PA      | $64115.69     | 0.04%             | 2064-09-25      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| HPS PRIVATE CREDIT CLO 2025-3 LLC                             | HPSPR 2025-3A B                                                                                                                      | CUSIP: 40445YAC8<br>LEI: 254900WC9JHPFFXUKB77 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249368.35    | 0.16%             | 2037-07-20      | Floating      | 5.72%                 | No            |                  2 | On Loan: No      |
| FTAI AIRCRAFT LEASING DDTL FUNDED                             | FTAI AIRCRAFT LEASING DDTL FUNDED                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    484226 | PA      | $484226.27    | 0.31%             | 2031-03-27      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| BONDS 2024-FL13 LLC                                           | BDS 2024-FL13 AS                                                                                                                     | CUSIP: 05555MAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100113.34    | 0.06%             | 2039-09-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| AITX FINCO LLC                                                | AITX FINCO LLC                                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $199090.52    | 0.13%             | 2032-10-23      | Fixed         | 5.67%                 | No            |                  3 | On Loan: No      |
| Sysco Corporation                                             | SYY 4.95 03/25/36                                                                                                                    | CUSIP: 871829BX4<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95331.60     | 0.06%             | 2036-03-25      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-VIS1                            | JPMMT 2026-VIS1 A3                                                                                                                   | CUSIP: 46660PAG3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    744742 | PA      | $738515.35    | 0.47%             | 2066-06-01      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| Cerberus Loan Funding XLVIII LLC                              | CERB 2024-4A AN                                                                                                                      | CUSIP: 15675JAA8<br>LEI: 635400TT2BPIAD7JRA96 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $100000.08    | 0.06%             | 2036-10-15      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2026-CES1                            | JPMMT 2026-CES1 A1B                                                                                                                  | CUSIP: 46660BAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    242593 | PA      | $240650.32    | 0.15%             | 2056-06-26      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | IRS USD                                                                                                                              | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $226041.66    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM9      | MSRM 2025-NQM9 A2                                                                                                                    | CUSIP: 61779VAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1398719 | PA      | $1391167.77   | 0.89%             | 2070-09-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                                   | BCECN V6.875 09/15/55                                                                                                                | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $101133.20    | 0.06%             | 2055-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Gilead Sciences Inc.                                          | GHOST 2025-1A A                                                                                                                      | CUSIP: 37556TAA4<br>LEI: 549300WTZWR07K8MNV44 | Long             | ABS-O            | CORP              | US        |    237477 | PA      | $239186.07    | 0.15%             | 2050-03-15      | Fixed         | 5.79%                 | No            |                  2 | On Loan: No      |
| BCRED CLO LTD                                                 | BCRED CLO 2025-1 LLC                                                                                                                 | CUSIP: 05556FAC7<br>LEI: 2549001W2Y6F50VEZG93 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $498381.00    | 0.32%             | 2037-04-20      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.                               | FIHL V7.75 06/15/55                                                                                                                  | CUSIP: 31575FAC0<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $209988.00    | 0.13%             | 2055-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| STORE MASTER FUNDING I LLC                                    | STR 2024-1A A2                                                                                                                       | CUSIP: 86212XAM2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99042 | PA      | $100647.61    | 0.06%             | 2054-05-20      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC.                                        | FABSJV 6.4 01/25/38                                                                                                                  | CUSIP: 350930AE3<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    475000 | PA      | $495134.36    | 0.32%             | 2038-01-25      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| NAVIGATOR AIRCRAFT ABS LTD                                    | NAVTR 2021-1 B                                                                                                                       | CUSIP: 63943BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    313993 | PA      | $298438.32    | 0.19%             | 2046-11-15      | Fixed         | 3.57%                 | No            |                  2 | On Loan: No      |
| Froneri                                                       | Froneri Term Loan B 200 2031-09-02                                                                                                   | CUSIP: 000000000<br>LEI: 213800NRSZ1N2Y6LEX44 | Long             | LON              | CORP              | US        |     24750 | PA      | $24221.57     | 0.02%             | 2031-09-30      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| WOODWARD CAPITAL MANAGEMENT                                   | RCKT 2025-CES5 A1A                                                                                                                   | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-O            | CORP              | US        |   1168692 | PA      | $1175980.78   | 0.75%             | 2055-05-25      | Variable      | 5.69%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                   | 5-Year T-Note Futures, Jun-2026,ETH                                                                                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        48 | NC      | $-3973.31     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| OWL ROCK CLO XXI LLC                                          | OR 2025-21A B                                                                                                                        | CUSIP: 69120UAB9<br>LEI: 2549000CE1W4KBWC2X49 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249872.83    | 0.16%             | 2034-07-24      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| Sysco Corporation                                             | SYY 4.4 07/25/31                                                                                                                     | CUSIP: 871829BW6<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |    150000 | PA      | $145478.31    | 0.09%             | 2031-07-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Belrose Funding Trust II                                      | Belrose Funding Trust II                                                                                                             | CUSIP: 08079KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100157.79    | 0.06%             | 2055-05-15      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                            | ET 6.3 01/15/56                                                                                                                      | CUSIP: 29273VBL3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    170000 | PA      | $167396.77    | 0.11%             | 2056-01-15      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Fnma Pass-Thru I                                              | FN BZ4468                                                                                                                            | CUSIP: 3140NY6E6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    248892 | PA      | $251861.02    | 0.16%             | 2055-07-01      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| QTS GOOD NEWS FCLTY REVR UNFUNDED                             | QTS GOOD NEWS FCLTY REVR UNFUNDED                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40879 | PA      | $0.04         | 0.00%             | 2028-10-09      | Fixed         | 0.30%                 | No            |                  3 | On Loan: No      |
| BR SECONDARIES & LQDITY SOLUTIONS                             | BR SECONDARIES & LQDITY SOLUTIONS                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    442917 | PA      | $442966.13    | 0.28%             | 2030-06-15      | Floating      | 6.60%                 | No            |                  3 | On Loan: No      |
| CEAMER FINANCE III LLC                                        | CEAMER FINANCE III LLC                                                                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     89666 | PA      | $90733.30     | 0.06%             | 2039-11-15      | Fixed         | 6.79%                 | No            |                  3 | On Loan: No      |
| Global Payments Inc                                           | GPN 5.4 03/15/33                                                                                                                     | CUSIP: 37940XBB7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    140000 | PA      | $136636.11    | 0.09%             | 2033-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| AWAYDAY(VACATION RENTAL BRANDS HOLDINGS) DD                   | AWAYDAY(VACATION RENTAL BRANDS HOLDINGS) DD                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     13819 | PA      | $13690.89     | 0.01%             | 2032-05-01      | Floating      | 8.95%                 | No            |                  3 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2025-12                            | VERUS 2025-12 A3                                                                                                                     | CUSIP: 92490FAM2<br>LEI: 2138009XAW9T934GL239 | Long             | ABS-O            | CORP              | US        |    982947 | PA      | $978934.16    | 0.63%             | 2070-12-25      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Owl Rock CLO X LLC                                            | OR 2023-10A AR                                                                                                                       | CUSIP: 69120EAG4<br>LEI: 254900EEGFBE25I6SS76 | Long             | ABS-CBDO         | CORP              | US        |   1300000 | PA      | $1302276.82   | 0.83%             | 2037-04-20      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| TENET EQUITY FUNDING SPE I , III LLC                          | TENET 2024-1A A1                                                                                                                     | CUSIP: 88035KAA7<br>LEI: 254900PL130UZ4FW1R84 | Long             | ABS-O            | CORP              | US        |     99656 | PA      | $99506.40     | 0.06%             | 2054-10-20      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| OBX 2025-NQM2 TRUST                                           | OBX 2025-NQM2 A3                                                                                                                     | CUSIP: 67120VAC9<br>LEI: 2549006BC0G3YEF5SL09 | Long             | ABS-O            | CORP              | US        |    176443 | PA      | $177736.37    | 0.11%             | 2064-11-25      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| PCI Gaming                                                    | PCI Gaming Term Loan B 200 2031-05-29                                                                                                | CUSIP: 70455DAG9<br>LEI: 549300KPXAJ1LRW5LP59 | Long             | LON              | CORP              | US        |     29475 | PA      | $29443.46     | 0.02%             | 2031-07-21      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                                           | D V6 02/15/56 **                                                                                                                     | CUSIP: 25746UDZ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49681.35     | 0.03%             | 2056-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                                | BRITEL V4.875 11/23/81 144A                                                                                                          | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    405000 | PA      | $386066.94    | 0.25%             | 2081-11-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Figre Trust 2023-HE1                                          | FIGRE 2024-HE4 A                                                                                                                     | CUSIP: 31684UAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     68213 | PA      | $68242.17     | 0.04%             | 2054-09-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | HONEYWELL AEROSPACE INC                                                                                                              | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -176938 | PA      | $-176937.50   | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2023-HE1                                          | FIGRE 2025-PF2 A                                                                                                                     | CUSIP: 316918AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    133198 | PA      | $131887.90    | 0.08%             | 2055-10-25      | Variable      | 5.02%                 | No            |                  2 | On Loan: No      |
| American National Global Funding                              | ANGINC 5.25 06/03/30 144A                                                                                                            | CUSIP: 02771D2B9<br>LEI: 63540033TQXTOXKK1L93 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59755.48     | 0.04%             | 2030-06-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2022-NQM3                     | BRAVO 2025-NQM1 A3                                                                                                                   | CUSIP: 10569MAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    111328 | PA      | $111766.41    | 0.07%             | 2064-12-25      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| TKO Group Holdings (UFC)                                      | TKO Group Holdings (UFC) Term Loan B 200 2031-11-01                                                                                  | CUSIP: 90266UAL7<br>LEI: 549300JEOTH7UMZ3C491 | Long             | LON              | CORP              | US        |    397997 | PA      | $397488.05    | 0.25%             | 2031-11-21      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                          | CROSIN 6.75 12/01/32 144A                                                                                                            | CUSIP: 22757VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $658665.35    | 0.42%             | 2032-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | VFH PARENT LLC                                                                                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -647388 | PA      | $-647387.50   | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| Bcred CLO 2026-1 LLC                                          | BCRED 2026-1A B                                                                                                                      | CUSIP: 05557LAC3<br>LEI: 25490083OXQDCR6C9A06 | Long             | ABS-CBDO         | CORP              | US        |    650000 | PA      | $647763.16    | 0.41%             | 2039-04-24      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Cifc Funding 2015-IV Limited                                  | CIFC 2015-4A BR3                                                                                                                     | CUSIP: 12550TBN4<br>LEI: 549300ZXX0SJBZWIWI81 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499479.35    | 0.32%             | 2039-01-18      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank, National Association                     | USD/EUR FORWARD                                                                                                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              | CORP              | US        |         1 | NC      | $2564.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST 2026-RTL1                                | LHOME 2026-RTL1 A1                                                                                                                   | CUSIP: 50206JAA3<br>LEI: 52990026MRD22HI0T740 | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $348658.56    | 0.22%             | 2041-01-25      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                   | SYSCO CORPORATION                                                                                                                    | CUSIP: 000000000<br>LEI: 9DJT3UXIJIZJI4WXO774 | Short            | RA               | CORP              | US        |   -140250 | PA      | $-140250.00   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Corp.                                            | STT V6.45 PERP                                                                                                                       | CUSIP: 857477CS0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50729.80     | 0.03%             | N/A             | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 5 LLC                                 | ARESDL 2025-3A B                                                                                                                     | CUSIP: 039973AE2<br>LEI: 254900FZTAJNX33DJ460 | Long             | ABS-CBDO         | CORP              | US        |   1400000 | PA      | $1395642.08   | 0.89%             | 2038-01-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| HLEND CLO 2025-4 LLC                                          | HLEND 2025-4A B                                                                                                                      | CUSIP: 43367AAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    300000 | PA      | $299086.35    | 0.19%             | 2037-08-17      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| QTS GOOD NEWS FACILITY TL                                     | QTS GOOD NEWS FACILITY TL                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $74964.24     | 0.05%             | 2028-10-09      | Floating      | 6.70%                 | No            |                  3 | On Loan: No      |
| NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM3                 | NRZT 2025-NQM3 A2                                                                                                                    | CUSIP: 64832CAD5<br>LEI: 2138002D8CMDYG7QOU84 | Long             | ABS-O            | CORP              | US        |    393960 | PA      | $394945.02    | 0.25%             | 2065-05-25      | Variable      | 5.73%                 | No            |                  2 | On Loan: No      |
| Builders Firstsource, Inc.                                    | BLDR 6.375 03/01/34 144A                                                                                                             | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    185000 | PA      | $182635.13    | 0.12%             | 2034-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Pershing Square Holdings, Ltd.                                | PSHNA 3.25 11/15/30 REGS                                                                                                             | CUSIP: 000000000<br>LEI: U7LC4KOKCTZ0YWGI2G56 | Long             | DBT              | CORP              | GG        |    250000 | PA      | $229694.36    | 0.15%             | 2030-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | ROYAL CARIBBEAN CRUISES LTD                                                                                                          | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -184396 | PA      | $-184396.48   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| United Airlines                                               | United Airlines Term Loan B 175 2031-02-01                                                                                           | CUSIP: 90932RAQ7<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |     49246 | PA      | $49031.03     | 0.03%             | 2031-02-24      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| BARINGS CLO LTD 2022-III                                      | BABSN 2022-3A BR                                                                                                                     | CUSIP: 06762VAJ5<br>LEI: 549300P3XUH38MXFT836 | Long             | ABS-CBDO         | CORP              | KY        |    100000 | PA      | $100174.31    | 0.06%             | 2037-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| ITT Holdings LLC                                              | INTMAT 6.5 08/01/29 144A                                                                                                             | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |    365000 | PA      | $354903.44    | 0.23%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARBYS FUNDING LLC                                             | ARBYS 2020-1A A2                                                                                                                     | CUSIP: 038779AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     94500 | PA      | $92194.64     | 0.06%             | 2050-07-30      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| EASY STREET MORTGAGE LOAN TRUST 2025-RTL2                     | EASY 2025-RTL2 A1                                                                                                                    | CUSIP: 27786YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    700000 | PA      | $700738.50    | 0.45%             | 2040-10-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | NEXTERA ENERGY CAPITAL HOLDING                                                                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -139140 | PA      | $-139140.00   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| Dealer Tire                                                   | Dealer Tire Term Loan B 300 2031-07-01                                                                                               | CUSIP: 24228HAR9<br>LEI: 894500QBE5Z2XQWCJ779 | Long             | LON              | CORP              | US        |    397985 | PA      | $395994.96    | 0.25%             | 2031-07-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                            | RYASPE 5.875 08/01/32 144A                                                                                                           | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12848.74     | 0.01%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BRSP 2026-FL3 Ltd / BRSP 2026-FL3 LLC                         | BRSP 2026-FL3 B                                                                                                                      | CUSIP: 116686AE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    350000 | PA      | $348489.23    | 0.22%             | 2043-08-19      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                   | FNR                                                                                                                                  | CUSIP: 000000000<br>LEI: 9DJT3UXIJIZJI4WXO774 | Short            | RA               | CORP              | US        |  -1718657 | PA      | $-1718656.67  | -1.10%            |  |  |  | No            |                  2 | On Loan: No      |
| SAPHILUX SARL                                                 | SAPHILUX SARL                                                                                                                        | CUSIP: 000000000<br>LEI: 222100CX5OA6ONWOBW66 | Long             | LON              | CORP              | LU        |    800000 | PA      | $798200.00    | 0.51%             | 2028-07-27      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Company                                  | BRKHEC V6.2 12/15/55                                                                                                                 | CUSIP: 826418BR5<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48631.09     | 0.03%             | 2055-12-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                                | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              | CORP              | US        |   5838000 | NC      | $26861.08     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CPI CG Inc.                                                   | CPICAR 10 07/15/29 144A                                                                                                              | CUSIP: 12598FAC3<br>LEI: 254900H3R50WH1B1LB48 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158304.00    | 0.10%             | 2029-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |  -2528000 | NC      | $-5751.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| QTS CORP                                                      | QTS CORP                                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    775000 | PA      | $764159.68    | 0.49%             | 2032-08-21      | Fixed         | 5.42%                 | No            |                  3 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | ENCORE CAPITAL GROUP INC.                                                                                                            | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -423562 | PA      | $-423562.50   | -0.27%            |  |  |  | No            |                  2 | On Loan: No      |
| Servpro Master Issuer Llc                                     | SPRO 2025-1A A2                                                                                                                      | CUSIP: 817743AL1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    648375 | PA      | $641182.19    | 0.41%             | 2055-10-25      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Sunrise UPC                                                   | Sunrise UPC Term Loan B - (AAA) 250 2032-02-01                                                                                       | CUSIP: 000000000<br>LEI: 213800DXWIS9KORQ3X94 | Long             | LON              | CORP              | US        |     75000 | PA      | $74414.25     | 0.05%             | 2032-02-17      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Creative Planning                                             | Creative Planning Term Loan B 200 2031-05-05                                                                                         | CUSIP: 1261MAAE0<br>LEI: 254900A9E6SC2CI8V842 | Long             | LON              | CORP              | US        |     49622 | PA      | $49244.55     | 0.03%             | 2031-05-19      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD        | FHR 5554 A                                                                                                                           | CUSIP: 3137HMA67<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-O            | USGSE             | US        |    176435 | PA      | $177601.06    | 0.11%             | 2053-04-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE8                                          | FIGRE 2025-HE8 B                                                                                                                     | CUSIP: 30191WAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    642156 | PA      | $639059.24    | 0.41%             | 2055-11-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC / JFIN CO-ISSUER CORP                   | JEFFIN 5 08/15/28                                                                                                                    | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $186372.34    | 0.12%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW FLYER HOLDINGS INC                                        | NFICN 9.25 07/01/30 144A                                                                                                             | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $80163.06     | 0.05%             | 2030-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM18 TRUST                                          | OBX 2024-NQM18 A3                                                                                                                    | CUSIP: 673913AC3<br>LEI: 254900NK9PNLY9I00149 | Long             | ABS-O            | CORP              | US        |    224350 | PA      | $225104.18    | 0.14%             | 2064-10-25      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | WSP GLOBAL INC                                                                                                                       | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -141562 | PA      | $-141562.50   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| MERLIN BUYER INC                                              | MERLIN BUYER INC                                                                                                                     | CUSIP: 59010LAB3<br>LEI: 2549008CJ699WXZAWW31 | Long             | LON              | CORP              | US        |    248705 | PA      | $248704.66    | 0.16%             | 2028-12-14      | Floating      | 7.67%                 | No            |                  2 | On Loan: No      |
| Lottomatica Group SpA                                         | LTMCIM 4.875 01/31/31 144A                                                                                                           | CUSIP: 000000000<br>LEI: 549300R72LKEGT4EX026 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $116482.60    | 0.07%             | 2031-01-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Golub Capital Partners CLO 83 M                               | GOCAP 2025-83A C                                                                                                                     | CUSIP: 38182EAG4<br>LEI: 254900VLZT72CPBHZ909 | Long             | ABS-CBDO         | CORP              | US        |    100000 | PA      | $99401.60     | 0.06%             | 2038-11-09      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| CLI FUNDING IX LLC                                            | CLIF 2025-1A A                                                                                                                       | CUSIP: 12571WAG8<br>LEI: 2549008S2Z91ASJFZL83 | Long             | ABS-O            | CORP              | US        |    185583 | PA      | $186970.19    | 0.12%             | 2050-06-20      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| AGL CLO 39 LTD                                                | AGL 2025-39A B                                                                                                                       | CUSIP: 00121XAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $498900.80    | 0.32%             | 2038-04-20      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| ARES DIRECT LENDING CLO 3 LLC                                 | ARESDL 2024-3A B                                                                                                                     | CUSIP: 039945AC4<br>LEI: 254900TU6Z546P794928 | Long             | ABS-CBDO         | CORP              | US        |    250000 | PA      | $249238.85    | 0.16%             | 2037-01-21      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL SERVICES LLC                           | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DIR              | CORP              | US        |  -2528000 | NC      | $-5751.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AITX FINCO LLC                                                | AITX FINCO LLC                                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $199218.87    | 0.13%             | 2030-10-23      | Fixed         | 5.38%                 | No            |                  3 | On Loan: No      |
| TRICON RESIDENTIAL 2025-SFR1 TRUST                            | TCN 2025-SFR1 B                                                                                                                      | CUSIP: 895974AB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $99885.65     | 0.06%             | 2042-03-19      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | RLI CORP                                                                                                                             | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -212062 | PA      | $-212062.50   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| HOMES TR 2024-AFC2                                            | HOMES 2024-AFC2 A3                                                                                                                   | CUSIP: 437920AE1<br>LEI: 254900GDF2MBHUV58Z95 | Long             | ABS-O            | CORP              | US        |     70981 | PA      | $71258.67     | 0.05%             | 2059-10-25      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| ARCHWEST 2025-RTL1                                            | ARCHW 2025-RTL1 A1                                                                                                                   | CUSIP: 039966AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1100000 | PA      | $1097633.57   | 0.70%             | 2040-10-25      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc.          | RKT 2.875 10/15/26 144A                                                                                                              | CUSIP: 77313LAA1<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49459.13     | 0.03%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BARCLAYS BANK PLC                                             | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DIR              | CORP              | GB        |  -2527000 | NC      | $-5749.44     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Ardonagh Group (previously KIRS Group, Towergate Partnership) | Ardonagh Group (previously KIRS Group, Towergate Partnership) Term Loan B 375 2031-02-01                                             | CUSIP: 000000000<br>LEI: 254900YP2E642AGM4G32 | Long             | LON              | CORP              | US        |     99004 | PA      | $96591.02     | 0.06%             | 2031-02-18      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Pennymac Financial Services Inc                               | PFSI 6.75 02/15/34 144A                                                                                                              | CUSIP: 70932MAH0<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46791.92     | 0.03%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Focus Financial                                               | Focus Financial Term Loan B-8 (add-on) 275 2031-09-01                                                                                | CUSIP: 34416DBD9<br>LEI: 5493007L0E0VKRC2CP39 | Long             | LON              | CORP              | US        |    173499 | PA      | $167660.51    | 0.11%             | 2031-09-15      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                       | VENLNG V9 PERP 144a                                                                                                                  | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    370000 | PA      | $368537.08    | 0.24%             | N/A             | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BRAVO RESIDENTIAL FDG TR 2025-NQM4                            | BRAVO 2025-NQM4 A1                                                                                                                   | CUSIP: 10570QAE1<br>LEI: 25490082TY9NA9XBGW19 | Long             | ABS-O            | CORP              | US        |    186800 | PA      | $187700.90    | 0.12%             | 2065-02-25      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| American Express Company                                      | AXP V5.412 02/08/41                                                                                                                  | CUSIP: 025816ES4<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    120000 | PA      | $119072.00    | 0.08%             | 2041-02-08      | Fixed         | 5.41%                 | No            |                  2 | On Loan: No      |
| SSI ABS-2025-1 ISSUER LLC                                     | SSI 2025-1 A                                                                                                                         | CUSIP: 78475CAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     96441 | PA      | $95551.78     | 0.06%             | 2065-07-30      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Sirius Xm Radio LLC                                           | SIRI 5.875 04/15/32 144A                                                                                                             | CUSIP: 82966BAA3<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    400000 | PA      | $397348.16    | 0.25%             | 2032-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MERLIN BUYER INC                                              | MERLIN BUYER INC                                                                                                                     | CUSIP: 000000000<br>LEI: 2549008CJ699WXZAWW31 | Long             | LON              | CORP              | US        |    450000 | PA      | $450000.00    | 0.29%             | 2033-03-25      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | SWOP IRS USD                                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | N/A              | DIR              | CORP              | CA        |   2173000 | NC      | $8065.88      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cars Db4 LP                                                   | CAUTO 2024-2A A1                                                                                                                     | CUSIP: 12510HAV2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    563000 | PA      | $562702.85    | 0.36%             | 2054-05-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Ascend Learning                                               | Ascend Learning First-lien Term Loan 300 2028-12-01                                                                                  | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |    339146 | PA      | $330667.09    | 0.21%             | 2028-12-11      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC             | WSP GLOBAL INC                                                                                                                       | CUSIP: 000000000<br>LEI: 5493003GCX71N8988W38 | Short            | RA               | CORP              | US        |   -235000 | PA      | $-235000.00   | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| SWITCH ABS ISSUER LLC                                         | SWTCH 2025-1A A2                                                                                                                     | CUSIP: 871044AL7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    200000 | PA      | $192688.90    | 0.12%             | 2055-03-25      | Fixed         | 5.04%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Company                                  | BRKHEC V6.375 09/15/56                                                                                                               | CUSIP: 826418BS3<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495914.10    | 0.32%             | 2056-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Grand River Funding Trust II                                  | JXN 7.28 02/15/56 144A                                                                                                               | CUSIP: 38644CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $366100.15    | 0.23%             | 2056-02-15      | Fixed         | 7.28%                 | No            |                  2 | On Loan: No      |
| FIGRE TRUST 2025-HE1                                          | FIGRE 2025-HE1 B                                                                                                                     | CUSIP: 30191LAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    228533 | PA      | $229955.23    | 0.15%             | 2055-01-25      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2024-4                              | TPMT 2024-4 A1A                                                                                                                      | CUSIP: 89183GAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     74853 | PA      | $74915.74     | 0.05%             | 2064-10-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                  | ORCL 5.875 09/26/45                                                                                                                  | CUSIP: 68389XDP7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43137.04     | 0.03%             | 2045-09-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ATLX 2024-RPL2 TRUST                                          | ATLX 2024-RPL2 A1                                                                                                                    | CUSIP: 049919AA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    709258 | PA      | $688431.31    | 0.44%             | 2063-04-25      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Carrington Mortgage Loan Trust                                | CARR 2005-NC3 M5                                                                                                                     | CUSIP: 144531DC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400000 | PA      | $382376.76    | 0.24%             | 2035-06-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| Health Care Service Corp A Mutual Legal Reserve Co.           | HCSERV 5.875 06/15/54 144A                                                                                                           | CUSIP: 42218SAM0<br>LEI: 549300TMJ1FKCKECR148 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47024.79     | 0.03%             | 2054-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GOLUB CAPITAL PARTNERS CLO 54M-R LTD                          | GOCAP 2021-54A A2R                                                                                                                   | CUSIP: 38181GAC9<br>LEI: 2549007JA1TZWEDGPD41 | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $500036.25    | 0.32%             | 2037-08-05      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-6                                 | SEMT 2025-6 A11                                                                                                                      | CUSIP: 81749YAL5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     57695 | PA      | $57736.04     | 0.04%             | 2055-07-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Avis Budget Rental Car Funding AESOP LLC                      | AESOP 2025-2A B                                                                                                                      | CUSIP: 05377RKR4<br>LEI: IHXLB8SL0QWSSG2VG640 | Long             | ABS-O            | CORP              | US        |    900000 | PA      | $911305.26    | 0.58%             | 2031-08-20      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | REINSURANCE GROUP OF AMERICA                                                                                                         | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -670838 | PA      | $-670837.50   | -0.43%            |  |  |  | No            |                  2 | On Loan: No      |
| PEER HOLDING III BV                                           | PEER USA LLC                                                                                                                         | CUSIP: 000000000<br>LEI: 7245002S0K5Q59JCVQ03 | Long             | LON              | CORP              | US        |    450000 | PA      | $445500.00    | 0.28%             | 2032-09-29      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| THE TORONTO-DOMINION BANK                                     | AS MILEAGE PLAN IP LTD                                                                                                               | CUSIP: 000000000<br>LEI: PT3QB789TSUIDF371261 | Short            | RA               | CORP              | US        |   -187571 | PA      | $-187571.15   | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                              | Three-Month SOFR Futures, Dec-2026,ETH                                                                                               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |       -81 | NC      | $105980.23    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Holdings LLC                                        | PRM 6.25 01/15/34 144A                                                                                                               | CUSIP: 71384AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $333455.14    | 0.21%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Obsidian Issuer 2025-1 LLC                                    | OBSI 2025-1A A                                                                                                                       | CUSIP: 67449HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $247344.11    | 0.16%             | 2055-05-15      | Fixed         | 6.93%                 | No            |                  3 | On Loan: No      |
| Greensky Home Improvement Issuer Trust 2025-2                 | GSKY 2025-2A B                                                                                                                       | CUSIP: 39571VAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $349403.50    | 0.22%             | 2060-06-25      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                             | WFC V6.125 PERP GG                                                                                                                   | CUSIP: 95002YAE3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1254704.61   | 0.80%             | N/A             | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Guggenheim Funds Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** Chief Financial Officer