# EDGAR Filing Document

**Accession Number:** 0000908406
**File Stem:** 0001193125-26-077829
**Filing Date:** 2026-2
**Character Count:** 331708
**Document Hash:** 9a135d7e0b27f9c2951472e98469a07c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-077829.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-077829

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000908406

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07822
- **FILM NUMBER:** 26691247

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** 816-531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BENHAM INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19930629

## Series and Classes Contracts Data

### CORE PLUS FUND (Series ID: S000014384)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000039168 | INVESTOR CLASS | ACCNX           |
| C000039169 | R5 CLASS       | ACCUX           |
| C000039170 | A CLASS        | ACCQX           |
| C000039172 | C CLASS        | ACCKX           |
| C000039173 | R CLASS        | ACCPX           |
| C000189691 | I CLASS        | ACCTX           |
| C000222299 | G CLASS        | ACCYX           |

## Nport-Ex

**American Century Investments**<sup>®</sup>

**Quarterly Portfolio Holdings**

**Core Plus Fund**

**December 31, 2025**

------

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| |
|:---|
| **<u>Core Plus Fund - Schedule of Investments</u>** |
| **DECEMBER 31, 2025 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount ($)/Shares** | **Value ($)** |
| **CORPORATE BONDS — 33.8%** |  |  |
| **Aerospace and Defense — 0.5%** |  |  |
| Boeing Co., 5.71%, 5/1/40 | 575000 | 587479 |
| Carpenter Technology Corp., 5.625%, 3/1/34<sup>(1)</sup> | 150000 | 152546 |
| Northrop Grumman Corp., 5.15%, 5/1/40 | 223000 | 221832 |
| Textron, Inc., 4.95%, 3/15/36 | 271000 | 269143 |
| TransDigm, Inc., 4.625%, 1/15/29 | 195000 | 193877 |
| TransDigm, Inc., 4.875%, 5/1/29 | 635000 | 633893 |
|  |  | 2058770 |
| **Air Freight and Logistics — 0.3%** |  |  |
| GXO Logistics, Inc., 6.25%, 5/6/29 | 805000 | 848925 |
| GXO Logistics, Inc., 6.50%, 5/6/34 | 218000 | 236032 |
|  |  | 1084957 |
| **Automobiles — 0.6%** |  |  |
| American Honda Finance Corp., 4.95%, 1/9/26 | 520000 | 520096 |
| Ford Motor Credit Co. LLC, 7.20%, 6/10/30 | 550000 | 589948 |
| Ford Motor Credit Co. LLC, 6.05%, 11/5/31 | 710000 | 728289 |
| General Motors Financial Co., Inc., 5.60%, 6/18/31 | 330000 | 344353 |
| General Motors Financial Co., Inc., 6.15%, 7/15/35 | 235000 | 247748 |
| Hyundai Capital America, 6.50%, 1/16/29<sup>(1)</sup> | 108000 | 114450 |
|  |  | 2544884 |
| **Banks — 3.8%** |  |  |
| Bank of America Corp., VRN, 5.51%, 1/24/36 | 670000 | 698959 |
| Bank of Montreal, VRN, 7.70%, 5/26/84 | 434000 | 461105 |
| Bank of Nova Scotia, VRN, 8.625%, 10/27/82 | 885000 | 940521 |
| Bank of Nova Scotia, VRN, 8.00%, 1/27/84 | 560000 | 601995 |
| BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico, VRN, 5.125%, 1/18/33<sup>(1)</sup> | 690000 | 678736 |
| BPCE SA, VRN, 3.65%, 1/14/37<sup>(1)</sup> | 720000 | 658585 |
| Citigroup, Inc., VRN, 4.41%, 3/31/31 | 490000 | 490057 |
| Citigroup, Inc., VRN, 5.17%, 9/11/36 | 325000 | 328181 |
| Citigroup, Inc., VRN, 5.61%, 3/4/56 | 210000 | 209256 |
| Dresdner Funding Trust I, 8.15%, 6/30/31<sup>(1)</sup> | 757000 | 833341 |
| Freedom Mortgage Holdings LLC, 9.25%, 2/1/29<sup>(1)</sup> | 975000 | 1023144 |
| Freedom Mortgage Holdings LLC, 6.875%, 5/1/31<sup>(1)</sup> | 860000 | 860981 |
| Intesa Sanpaolo SpA, VRN, 4.20%, 6/1/32<sup>(1)</sup> | 460000 | 439124 |
| Intesa Sanpaolo SpA, VRN, 4.95%, 6/1/42<sup>(1)</sup> | 310000 | 264622 |
| JPMorgan Chase & Co., VRN, 5.10%, 4/22/31 | 633000 | 653828 |
| JPMorgan Chase & Co., VRN, 5.77%, 4/22/35 | 766000 | 816703 |
| JPMorgan Chase & Co., VRN, 5.29%, 7/22/35 | 230000 | 237368 |
| Morgan Stanley Private Bank NA, VRN, 4.73%, 7/18/31 | 270000 | 273754 |
| Morgan Stanley Private Bank NA, VRN, 4.47%, 11/19/31 | 860000 | 862439 |
| NatWest Group PLC, VRN, 3.03%, 11/28/35 | 597000 | 549356 |
| Synovus Bank, VRN, 5.96%, 1/15/36 | 705000 | 709140 |
| Toronto-Dominion Bank, VRN, 8.125%, 10/31/82 | 602000 | 635308 |
| UWM Holdings LLC, 6.25%, 3/15/31<sup>(1)</sup> | 348000 | 347612 |
| Wells Fargo & Co., VRN, 5.61%, 4/23/36 | 550000 | 576691 |
| Wells Fargo & Co., VRN, 5.01%, 4/4/51 | 375000 | 342963 |
| Western Alliance Bank, VRN, 6.54%, 11/15/35 | 645000 | 646734 |
| Zions Bancorp NA, VRN, 6.82%, 11/19/35 | 815000 | 867939 |
|  |  | 16008442 |

---

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| | | |
|:---|:---|:---|
| **Biotechnology — 0.4%** |  |  |
| Amgen, Inc., 5.65%, 3/2/53 | 495000 | 485038 |
| Biocon Biologics Global PLC, 6.67%, 10/9/29<sup>(1)</sup> | 620000 | 625488 |
| Genmab AS/Genmab Finance LLC, 6.25%, 12/15/32<sup>(1)</sup> | 500000 | 512771 |
| Genmab AS/Genmab Finance LLC, 7.25%, 12/15/33<sup>(1)</sup> | 200000 | 210250 |
|  |  | 1833547 |
| **Broadline Retail — 0.2%** |  |  |
| Amazon.com, Inc., 4.65%, 11/20/35 | 693000 | 690468 |
| **Building Products — 0.5%** |  |  |
| Builders FirstSource, Inc., 4.25%, 2/1/32<sup>(1)</sup> | 1120000 | 1067429 |
| Carlisle Cos., Inc., 5.55%, 9/15/40 | 220000 | 223123 |
| Standard Building Solutions, Inc., 6.50%, 8/15/32<sup>(1)</sup> | 80000 | 82420 |
| Standard Industries, Inc., 4.375%, 7/15/30<sup>(1)</sup> | 574000 | 554131 |
|  |  | 1927103 |
| **Capital Markets — 2.3%** |  |  |
| Ares Strategic Income Fund, 5.70%, 3/15/28 | 269000 | 272766 |
| Blackstone Private Credit Fund, 5.95%, 7/16/29 | 525000 | 535877 |
| Blue Owl Capital Corp., 5.95%, 3/15/29 | 371000 | 374516 |
| Blue Owl Credit Income Corp., 7.75%, 1/15/29 | 605000 | 640403 |
| Blue Owl Technology Finance Corp., 6.10%, 3/15/28<sup>(1)</sup> | 1123000 | 1130644 |
| Blue Owl Technology Finance Corp., 6.75%, 4/4/29 | 425000 | 434859 |
| Coinbase Global, Inc., 3.375%, 10/1/28<sup>(1)</sup> | 115000 | 109644 |
| Goldman Sachs Group, Inc., VRN, 6.48%, 10/24/29 | 405000 | 429661 |
| Goldman Sachs Group, Inc., VRN, 4.37%, 10/21/31 | 480000 | 478959 |
| Golub Capital BDC, Inc., 7.05%, 12/5/28 | 475000 | 501438 |
| Golub Capital Private Credit Fund, 5.45%, 8/15/28<sup>(1)</sup> | 600000 | 604400 |
| HPS Corporate Lending Fund, 5.45%, 1/14/28 | 165000 | 166877 |
| HPS Corporate Lending Fund, 4.90%, 9/11/28<sup>(1)</sup> | 335000 | 333366 |
| HPS Corporate Lending Fund, 6.25%, 9/30/29 | 187000 | 193963 |
| LPL Holdings, Inc., 5.15%, 6/15/30 | 405000 | 413233 |
| Morgan Stanley, VRN, 6.63%, 11/1/34 | 965000 | 1079423 |
| Morgan Stanley, VRN, 5.83%, 4/19/35 | 160000 | 170091 |
| Morgan Stanley, VRN, 4.89%, 10/22/36 | 265000 | 262755 |
| Morgan Stanley, VRN, 5.52%, 11/19/55 | 162000 | 160241 |
| Northern Trust Corp., VRN, 3.375%, 5/8/32 | 1231000 | 1214444 |
|  |  | 9507560 |
| **Chemicals — 0.4%** |  |  |
| Braskem Netherlands Finance BV, 4.50%, 1/10/28<sup>(1)</sup> | 200000 | 82406 |
| Braskem Netherlands Finance BV, 4.50%, 1/31/30<sup>(1)</sup> | 1400000 | 548254 |
| Celanese U.S. Holdings LLC, 7.00%, 2/15/31 | 570000 | 583939 |
| Solstice Advanced Materials, Inc., 5.625%, 9/30/33<sup>(1)</sup> | 476000 | 480481 |
|  |  | 1695080 |
| **Construction Materials — 0.3%** |  |  |
| Eagle Materials, Inc., 5.00%, 3/15/36 | 449000 | 440071 |
| Quikrete Holdings, Inc., 6.375%, 3/1/32<sup>(1)</sup> | 250000 | 260384 |
| Quikrete Holdings, Inc., 6.75%, 3/1/33<sup>(1)</sup> | 598000 | 624899 |
|  |  | 1325354 |
| **Consumer Finance — 0.6%** |  |  |
| Ally Financial, Inc., 8.00%, 11/1/31 | 752000 | 854648 |
| Avilease Capital Ltd., 4.75%, 11/12/30<sup>(1)</sup> | 730000 | 724752 |
| Capital One Financial Corp., VRN, 2.36%, 7/29/32 | 465000 | 407586 |
| OneMain Finance Corp., 6.125%, 5/15/30 | 165000 | 168619 |
| PRA Group, Inc., 8.875%, 1/31/30<sup>(1)</sup> | 307000 | 318884 |
|  |  | 2474489 |

---

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| | | |
|:---|:---|:---|
| **Diversified Consumer Services — 0.1%** |  |  |
| Leland Stanford Junior University, 4.68%, 3/1/35 | 75000 | 75745 |
| Massachusetts Institute of Technology, 5.62%, 6/1/55 | 95000 | 97714 |
| Novant Health, Inc., 3.17%, 11/1/51 | 290000 | 193886 |
|  |  | 367345 |
| **Diversified REITs — 1.0%** |  |  |
| American Assets Trust LP, 3.375%, 2/1/31 | 765000 | 697665 |
| Essex Portfolio LP, 4.875%, 2/15/36 | 535000 | 524640 |
| GLP Capital LP/GLP Financing II, Inc., 5.25%, 2/15/33 | 464000 | 466061 |
| Kilroy Realty LP, 3.05%, 2/15/30 | 235000 | 218838 |
| Kilroy Realty LP, 2.50%, 11/15/32 | 315000 | 263227 |
| Piedmont Operating Partnership LP, 6.875%, 7/15/29 | 91000 | 96705 |
| Piedmont Operating Partnership LP, 5.625%, 1/15/33 | 860000 | 869267 |
| Trust 2401, 4.87%, 1/15/30<sup>(1)</sup> | 214000 | 210931 |
| Trust 2401, 7.70%, 1/23/32<sup>(1)</sup> | 608000 | 673166 |
| Ventas Realty LP, 5.00%, 2/15/36 | 205000 | 203748 |
|  |  | 4224248 |
| **Diversified Telecommunication Services — 0.4%** |  |  |
| Frontier Communications Holdings LLC, 8.625%, 3/15/31<sup>(1)</sup> | 932000 | 983738 |
| Sprint Capital Corp., 6.875%, 11/15/28 | 247000 | 265149 |
| Verizon Communications, Inc., 4.75%, 1/15/33 | 136000 | 135934 |
| Verizon Communications, Inc., 5.875%, 11/30/55 | 170000 | 168077 |
|  |  | 1552898 |
| **Electric Utilities — 2.1%** |  |  |
| Alliant Energy Corp., VRN, 5.75%, 4/1/56 | 678000 | 677744 |
| American Electric Power Co., Inc., VRN, 5.80%, 3/15/56 | 202000 | 200628 |
| American Electric Power Co., Inc., VRN, 6.05%, 3/15/56 | 453000 | 445306 |
| Arizona Public Service Co., 5.70%, 8/15/34 | 298000 | 313536 |
| Commonwealth Edison Co., 5.95%, 6/1/55 | 138000 | 143617 |
| Duke Energy Florida LLC, 4.85%, 12/1/35 | 190000 | 189254 |
| Duke Energy Florida LLC, 5.95%, 11/15/52 | 265000 | 275271 |
| Duke Energy Progress LLC, 4.35%, 3/6/27 | 353000 | 355500 |
| Duke Energy Progress LLC, 5.35%, 3/15/53 | 170000 | 163180 |
| Electricite de France SA, 6.95%, 1/26/39<sup>(1)</sup> | 604000 | 674740 |
| Emera, Inc., Series 16-A, VRN, 6.75%, 6/15/76 | 1024000 | 1032942 |
| EUSHI Finance, Inc., VRN, 6.25%, 4/1/56 | 402000 | 402904 |
| Hawaiian Electric Co., Inc., 6.00%, 10/1/33<sup>(1)</sup> | 1036000 | 1050923 |
| Kentucky Utilities Co., 5.85%, 8/15/55 | 296000 | 298684 |
| Louisville Gas & Electric Co., 5.85%, 8/15/55 | 86000 | 86743 |
| MidAmerican Energy Co., 5.85%, 9/15/54 | 1092000 | 1128278 |
| Niagara Mohawk Power Corp., 4.65%, 10/3/30<sup>(1)</sup> | 160000 | 161242 |
| Palomino Funding Trust I, 7.23%, 5/17/28<sup>(1)</sup> | 280000 | 296239 |
| RWE Finance U.S. LLC, 5.125%, 9/18/35<sup>(1)</sup> | 151000 | 150210 |
| Southern Co., Series B, VRN, 4.00%, 1/15/51 | 331000 | 332064 |
| Southern Co. Gas Capital Corp., 5.10%, 9/15/35 | 428000 | 432448 |
|  |  | 8811453 |
| **Electronic Equipment, Instruments and Components — 0.1%** |  |  |
| Amphenol Corp., 4.625%, 2/15/36 | 495000 | 485154 |
| **Energy Equipment and Services — 0.0%** |  |  |
| Enerflex, Inc., 6.875%, 1/15/31<sup>(1)</sup> | 197000 | 201520 |
| **Entertainment — 0.2%** |  |  |
| Beignet Investor LLC, 6.58%, 5/30/49<sup>(1)</sup> | 189000 | 199850 |
| Warnermedia Holdings, Inc., 3.76%, 3/15/27 | 500000 | 494375 |
|  |  | 694225 |

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| | | |
|:---|:---|:---|
| **Financial Services — 1.5%** |  |  |
| Antares Holdings LP, 6.35%, 10/23/29<sup>(1)</sup> | 815000 | 832354 |
| Atlas Warehouse Lending Co. LP, 6.25%, 1/15/30<sup>(1)</sup> | 751000 | 791093 |
| Atlas Warehouse Lending Co. LP, 4.95%, 11/15/30<sup>(1)</sup> | 525000 | 527026 |
| Corebridge Financial, Inc., VRN, 6.375%, 9/15/54 | 298000 | 300444 |
| Essent Group Ltd., 6.25%, 7/1/29 | 975000 | 1018345 |
| Nationwide Building Society, VRN, 4.125%, 10/18/32<sup>(1)</sup> | 250000 | 248457 |
| NMI Holdings, Inc., 6.00%, 8/15/29 | 975000 | 1010812 |
| PennyMac Financial Services, Inc., 7.125%, 11/15/30<sup>(1)</sup> | 758000 | 799754 |
| PennyMac Financial Services, Inc., 6.875%, 2/15/33<sup>(1)</sup> | 178000 | 185948 |
| Rocket Cos., Inc., 6.125%, 8/1/30<sup>(1)</sup> | 310000 | 320619 |
| Rocket Cos., Inc., 6.375%, 8/1/33<sup>(1)</sup> | 345000 | 360135 |
|  |  | 6394987 |
| **Food Products — 0.2%** |  |  |
| Flowers Foods, Inc., 5.75%, 3/15/35 | 240000 | 241151 |
| Mars, Inc., 5.65%, 5/1/45<sup>(1)</sup> | 350000 | 353009 |
| Mars, Inc., 5.70%, 5/1/55<sup>(1)</sup> | 200000 | 199368 |
|  |  | 793528 |
| **Gas Utilities — 0.3%** |  |  |
| Eastern Energy Gas Holdings LLC, 5.65%, 10/15/54 | 153000 | 148133 |
| Grupo Energia Bogota SA ESP, 5.75%, 10/22/35<sup>(1)</sup> | 200000 | 198405 |
| Snam SpA, 6.50%, 5/28/55<sup>(1)</sup> | 417000 | 448592 |
| Spire, Inc., VRN, 6.25%, 6/1/56 | 620000 | 617902 |
|  |  | 1413032 |
| **Ground Transportation — 0.2%** |  |  |
| Ashtead Capital, Inc., 5.95%, 10/15/33<sup>(1)</sup> | 600000 | 635137 |
| United Rentals North America, Inc., 6.00%, 12/15/29<sup>(1)</sup> | 375000 | 385526 |
|  |  | 1020663 |
| **Health Care Equipment and Supplies — 0.5%** |  |  |
| Baxter International, Inc., 4.90%, 12/15/30 | 135000 | 136108 |
| Baxter International, Inc., 5.65%, 12/15/35 | 217000 | 219689 |
| Hologic, Inc., 3.25%, 2/15/29<sup>(1)</sup> | 351000 | 346220 |
| Medline Borrower LP/Medline Co-Issuer, Inc., 6.25%, 4/1/29<sup>(1)</sup> | 1155000 | 1195438 |
|  |  | 1897455 |
| **Health Care Providers and Services — 1.5%** |  |  |
| Acadia Healthcare Co., Inc., 5.00%, 4/15/29<sup>(1)</sup> | 640000 | 616957 |
| Centene Corp., 4.625%, 12/15/29 | 335000 | 325166 |
| CVS Health Corp., 5.45%, 9/15/35 | 204000 | 208893 |
| CVS Health Corp., 6.00%, 6/1/44 | 455000 | 457645 |
| CVS Health Corp., VRN, 7.00%, 3/10/55 | 332000 | 348500 |
| Duke University Health System, Inc., 3.92%, 6/1/47 | 128000 | 103311 |
| HCA, Inc., 4.90%, 11/15/35 | 639000 | 630518 |
| HCA, Inc., 6.20%, 3/1/55 | 142000 | 144815 |
| HCA, Inc., 5.70%, 11/15/55 | 444000 | 423444 |
| Icon Investments Six DAC, 6.00%, 5/8/34 | 258000 | 272962 |
| IQVIA, Inc., 5.00%, 5/15/27<sup>(1)</sup> | 650000 | 650306 |
| IQVIA, Inc., 6.25%, 2/1/29 | 411000 | 433489 |
| Kaiser Foundation Hospitals, 3.00%, 6/1/51 | 255000 | 167332 |
| Surgery Center Holdings, Inc., 7.25%, 4/15/32<sup>(1)</sup> | 178000 | 180264 |
| Tenet Healthcare Corp., 6.125%, 10/1/28 | 132000 | 132671 |
| UnitedHealth Group, Inc., 5.30%, 6/15/35 | 211000 | 218543 |
| UnitedHealth Group, Inc., 5.50%, 7/15/44 | 454000 | 450908 |
| UnitedHealth Group, Inc., 5.05%, 4/15/53 | 575000 | 519000 |
|  |  | 6284724 |

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| | | |
|:---|:---|:---|
| **Hotels, Restaurants and Leisure — 0.9%** |  |  |
| Brightstar Lottery PLC, 5.25%, 1/15/29<sup>(1)</sup> | 875000 | 876093 |
| Caesars Entertainment, Inc., 4.625%, 10/15/29<sup>(1)</sup> | 733000 | 703602 |
| Carnival Corp., 4.00%, 8/1/28<sup>(1)</sup> | 618000 | 609196 |
| Carnival Corp., 5.125%, 5/1/29<sup>(1)</sup> | 411000 | 415763 |
| Hyatt Hotels Corp., 5.75%, 3/30/32 | 166000 | 174007 |
| Light & Wonder International, Inc., 7.25%, 11/15/29<sup>(1)</sup> | 555000 | 570313 |
| Royal Caribbean Cruises Ltd., 6.00%, 2/1/33<sup>(1)</sup> | 340000 | 349468 |
|  |  | 3698442 |
| **Household Durables — 0.3%** |  |  |
| Ashton Woods USA LLC/Ashton Woods Finance Co., 6.875%, 8/1/33<sup>(1)</sup> | 413000 | 413675 |
| K Hovnanian Enterprises, Inc., 8.375%, 10/1/33<sup>(1)</sup> | 35000 | 35597 |
| KB Home, 4.80%, 11/15/29 | 673000 | 670901 |
|  |  | 1120173 |
| **Independent Power and Renewable Electricity Producers — 0.2%** |  |  |
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple, 7.25%, 1/31/41<sup>(1)</sup> | 396203 | 417115 |
| Saavi Energia SARL, 8.875%, 2/10/35<sup>(1)</sup> | 570000 | 618906 |
|  |  | 1036021 |
| **Industrial Conglomerates — 0.1%** |  |  |
| Siemens Financieringsmaatschappij NV, 1.20%, 3/11/26<sup>(1)</sup> | 400000 | 398032 |
| **Insurance — 1.4%** |  |  |
| Asurion LLC & Asurion Co-Issuer, Inc., 8.00%, 12/31/32<sup>(1)</sup> | 265000 | 275104 |
| Athene Global Funding, 5.53%, 7/11/31<sup>(1)</sup> | 305000 | 312856 |
| Beacon Funding Trust, 6.27%, 8/15/54<sup>(1)</sup> | 365000 | 371032 |
| CNA Financial Corp., 5.20%, 8/15/35 | 569000 | 572035 |
| CNO Financial Group, Inc., 5.25%, 5/30/29 | 605000 | 614614 |
| CNO Financial Group, Inc., 6.45%, 6/15/34 | 251000 | 265693 |
| F&G Annuities & Life, Inc., 6.50%, 6/4/29 | 145000 | 151266 |
| Global Atlantic Fin Co., 7.95%, 6/15/33<sup>(1)</sup> | 940000 | 1074182 |
| Liberty Mutual Group, Inc., VRN, 4.125%, 12/15/51<sup>(1)</sup> | 500000 | 493126 |
| Lincoln National Corp., 7.00%, 6/15/40 | 275000 | 309516 |
| MetLife, Inc., 6.40%, 12/15/66 | 590000 | 619345 |
| MetLife, Inc., 10.75%, 8/1/69 | 390000 | 521871 |
| Wynnton Funding Trust II, 5.99%, 8/15/55<sup>(1)</sup> | 417000 | 421044 |
|  |  | 6001684 |
| **Interactive Media and Services — 0.6%** |  |  |
| Meta Platforms, Inc., 4.60%, 11/15/32 | 685000 | 690704 |
| Meta Platforms, Inc., 4.875%, 11/15/35 | 470000 | 469552 |
| Meta Platforms, Inc., 5.50%, 11/15/45 | 225000 | 218616 |
| Meta Platforms, Inc., 5.625%, 11/15/55 | 635000 | 609936 |
| Meta Platforms, Inc., 5.75%, 11/15/65 | 330000 | 315051 |
|  |  | 2303859 |
| **IT Services — 0.3%** |  |  |
| CoreWeave, Inc., 9.25%, 6/1/30<sup>(1)</sup> | 806000 | 750231 |
| Kyndryl Holdings, Inc., 3.15%, 10/15/31 | 460000 | 420097 |
|  |  | 1170328 |
| **Machinery — 0.5%** |  |  |
| Allison Transmission, Inc., 5.875%, 12/1/33<sup>(1)</sup> | 810000 | 822200 |
| Chart Industries, Inc., 7.50%, 1/1/30<sup>(1)</sup> | 850000 | 886971 |
| Weir Group, Inc., 5.35%, 5/6/30<sup>(1)</sup> | 428000 | 439954 |
|  |  | 2149125 |
| **Marine Transportation — 0.2%** |  |  |
| Yinson Bergenia Production BV, 8.50%, 1/31/45<sup>(1)</sup> | 832000 | 873288 |
| **Media — 2.0%** |  |  |
| CCO Holdings LLC/CCO Holdings Capital Corp., 5.125%, 5/1/27<sup>(1)</sup> | 1426000 | 1424867 |

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| | | |
|:---|:---|:---|
| Cox Communications, Inc., 5.70%, 6/15/33<sup>(1)</sup> | 310000 | 312829 |
| Discovery Communications LLC, 3.95%, 3/20/28 | 394000 | 378417 |
| Discovery Communications LLC, 4.125%, 5/15/29 | 890000 | 860790 |
| Discovery Communications LLC, 5.00%, 9/20/37 | 500000 | 400668 |
| Lamar Media Corp., 3.75%, 2/15/28 | 555000 | 546748 |
| Nexstar Media, Inc., 4.75%, 11/1/28<sup>(1)</sup> | 1055000 | 1047905 |
| Paramount Global, 4.375%, 3/15/43 | 267000 | 185813 |
| Paramount Global, VRN, 6.25%, 2/28/57 | 394000 | 355339 |
| Sirius XM Radio LLC, 3.125%, 9/1/26<sup>(1)</sup> | 415000 | 412638 |
| Sirius XM Radio LLC, 4.00%, 7/15/28<sup>(1)</sup> | 1085000 | 1062026 |
| TEGNA, Inc., 4.625%, 3/15/28 | 840000 | 831949 |
| Time Warner Cable LLC, 6.55%, 5/1/37 | 494000 | 504713 |
|  |  | 8324702 |
| **Metals and Mining — 0.3%** |  |  |
| Commercial Metals Co., 6.00%, 12/15/35<sup>(1)</sup> | 25000 | 25643 |
| Glencore Funding LLC, 5.19%, 4/1/30<sup>(1)</sup> | 325000 | 334292 |
| Glencore Funding LLC, 5.89%, 4/4/54<sup>(1)</sup> | 105000 | 104541 |
| Newmont Corp./Newcrest Finance Pty. Ltd., 5.35%, 3/15/34 | 437000 | 457035 |
| Rio Tinto Finance USA PLC, 5.75%, 3/14/55 | 271000 | 276672 |
|  |  | 1198183 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.5%** |  |  |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.75%, 6/15/29<sup>(1)</sup> | 540000 | 534416 |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 7.00%, 7/15/31<sup>(1)</sup> | 1455000 | 1543716 |
|  |  | 2078132 |
| **Multi-Utilities — 0.6%** |  |  |
| NiSource, Inc., 5.35%, 7/15/35 | 400000 | 409130 |
| Sempra, 3.25%, 6/15/27 | 347000 | 342905 |
| Sempra, VRN, 4.125%, 4/1/52 | 1062000 | 1044564 |
| WEC Energy Group, Inc., 5.60%, 9/12/26 | 153000 | 154577 |
| WEC Energy Group, Inc., VRN, 5.625%, 5/15/56 | 375000 | 377641 |
|  |  | 2328817 |
| **Oil, Gas and Consumable Fuels — 3.3%** |  |  |
| Antero Resources Corp., 7.625%, 2/1/29<sup>(1)</sup> | 323000 | 329107 |
| Cenovus Energy, Inc., 5.40%, 3/20/36 | 282000 | 281762 |
| Cheniere Energy, Inc., 4.625%, 10/15/28 | 445000 | 444402 |
| Columbia Pipelines Holding Co. LLC, 5.00%, 11/17/32<sup>(1)</sup> | 422000 | 422134 |
| Columbia Pipelines Operating Co. LLC, 6.04%, 11/15/33<sup>(1)</sup> | 390000 | 417625 |
| Ecopetrol SA, 7.75%, 2/1/32 | 640000 | 659462 |
| Enbridge, Inc., VRN, 6.00%, 1/15/77 | 1020000 | 1025814 |
| Energy Transfer LP, 6.55%, 12/1/33 | 648000 | 710525 |
| Energy Transfer LP, 6.125%, 12/15/45 | 380000 | 373393 |
| Eni SpA, 5.95%, 5/15/54<sup>(1)</sup> | 339000 | 336484 |
| Enterprise Products Operating LLC, 5.20%, 1/15/36 | 193000 | 196585 |
| Expand Energy Corp., 6.75%, 4/15/29<sup>(1)</sup> | 124000 | 124738 |
| Expand Energy Corp., 5.375%, 3/15/30 | 842000 | 853601 |
| Matador Resources Co., 6.50%, 4/15/32<sup>(1)</sup> | 275000 | 279074 |
| Northern Natural Gas Co., 5.625%, 2/1/54<sup>(1)</sup> | 150000 | 144840 |
| Ovintiv, Inc., 7.10%, 7/15/53 | 370000 | 395320 |
| Permian Resources Operating LLC, 5.875%, 7/1/29<sup>(1)</sup> | 242000 | 244214 |
| Petroleos Mexicanos, 5.95%, 1/28/31 | 2595000 | 2513173 |
| Plains All American Pipeline LP/PAA Finance Corp., 5.60%, 1/15/36 | 308000 | 311739 |
| PRIO Luxembourg Holding SARL, 6.75%, 10/15/30<sup>(1)</sup> | 299000 | 292379 |
| Repsol E&P Capital Markets U.S. LLC, 5.20%, 9/16/30<sup>(1)</sup> | 435000 | 441370 |
| Repsol E&P Capital Markets U.S. LLC, 5.98%, 9/16/35<sup>(1)</sup> | 206000 | 210179 |
| Santos Finance Ltd., 5.75%, 11/13/35<sup>(1)</sup> | 244000 | 242783 |

---

------

---

| | | |
|:---|:---|:---|
| Shell Finance U.S., Inc., 4.375%, 5/11/45 | 205000 | 177125 |
| SM Energy Co., 6.75%, 9/15/26 | 468000 | 470407 |
| Sunoco LP, 7.00%, 5/1/29<sup>(1)</sup> | 289000 | 301586 |
| Sunoco LP, 5.875%, 3/15/34<sup>(1)</sup> | 410000 | 410156 |
| Venture Global Plaquemines LNG LLC, 6.50%, 6/15/34<sup>(1)</sup> | 593961 | 607193 |
| Venture Global Plaquemines LNG LLC, 6.75%, 1/15/36<sup>(1)</sup> | 376000 | 385310 |
|  |  | 13602480 |
| **Paper and Forest Products — 0.1%** |  |  |
| Louisiana-Pacific Corp., 3.625%, 3/15/29<sup>(1)</sup> | 449000 | 436433 |
| **Passenger Airlines — 0.6%** |  |  |
| American Airlines, Inc., 7.25%, 2/15/28<sup>(1)</sup> | 415000 | 424462 |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26<sup>(1)</sup> | 49 | 49 |
| Grupo Aeromexico SAB de CV, 8.25%, 11/15/29<sup>(1)</sup> | 600000 | 614286 |
| JetBlue Airways Corp./JetBlue Loyalty LP, 9.875%, 9/20/31<sup>(1)</sup> | 355000 | 357960 |
| Southwest Airlines Co., 4.375%, 11/15/28 | 570000 | 571333 |
| United Airlines, Inc., 4.625%, 4/15/29<sup>(1)</sup> | 370000 | 368656 |
|  |  | 2336746 |
| **Personal Care Products — 0.1%** |  |  |
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, 5.60%, 1/15/31<sup>(1)</sup> | 620000 | 626225 |
| **Pharmaceuticals — 0.3%** |  |  |
| Bristol-Myers Squibb Co., 5.55%, 2/22/54 | 415000 | 407847 |
| Merck & Co., Inc., 4.75%, 12/4/35 | 367000 | 365771 |
| Merck & Co., Inc., 5.70%, 9/15/55 | 287000 | 290232 |
| Perrigo Finance Unlimited Co., 4.90%, 6/15/30 | 200000 | 193617 |
|  |  | 1257467 |
| **Professional Services — 0.2%** |  |  |
| Concentrix Corp., 6.60%, 8/2/28 | 995000 | 1026667 |
| **Real Estate Management and Development — 0.3%** |  |  |
| Anywhere Real Estate Group LLC/Realogy Co-Issuer Corp., 9.75%, 4/15/30<sup>(1)</sup> | 273000 | 296451 |
| Arbor Realty SR, Inc., 8.50%, 12/15/28<sup>(1)</sup> | 435000 | 433403 |
| CBRE Services, Inc., 4.90%, 1/15/33 | 360000 | 361861 |
|  |  | 1091715 |
| **Semiconductors and Semiconductor Equipment — 0.9%** |  |  |
| Foundry JV Holdco LLC, 5.50%, 1/25/31<sup>(1)</sup> | 700000 | 723006 |
| Foundry JV Holdco LLC, 5.875%, 1/25/34<sup>(1)</sup> | 240000 | 246697 |
| Foundry JV Holdco LLC, 6.25%, 1/25/35<sup>(1)</sup> | 475000 | 504199 |
| Foundry JV Holdco LLC, 6.10%, 1/25/36<sup>(1)</sup> | 300000 | 313979 |
| Foundry JV Holdco LLC, 6.30%, 1/25/39<sup>(1)</sup> | 597000 | 630634 |
| Intel Corp., 5.15%, 2/21/34 | 310000 | 314000 |
| Intel Corp., 5.60%, 2/21/54 | 232000 | 214333 |
| Micron Technology, Inc., 5.30%, 1/15/31 | 710000 | 736236 |
|  |  | 3683084 |
| **Software — 1.0%** |  |  |
| AppLovin Corp., 5.125%, 12/1/29 | 104000 | 106711 |
| AppLovin Corp., 5.375%, 12/1/31 | 207000 | 214945 |
| AppLovin Corp., 5.50%, 12/1/34 | 385000 | 395723 |
| Oracle Corp., 4.80%, 9/26/32 | 1498000 | 1446612 |
| Oracle Corp., 5.20%, 9/26/35 | 1010000 | 968024 |
| Oracle Corp., 5.50%, 9/27/64 | 261000 | 208517 |
| Synopsys, Inc., 5.00%, 4/1/32 | 780000 | 797660 |
|  |  | 4138192 |
| **Specialized REITs — 0.3%** |  |  |
| American Tower Corp., 5.35%, 3/15/35 | 326000 | 334369 |
| EPR Properties, 4.95%, 4/15/28 | 580000 | 584748 |

---

------

---

| | | |
|:---|:---|:---|
| VICI Properties LP/VICI Note Co., Inc., 4.125%, 8/15/30<sup>(1)</sup> | 452000 | 438524 |
|  |  | 1357641 |
| **Specialty Retail — 0.4%** |  |  |
| Advance Auto Parts, Inc., 7.00%, 8/1/30<sup>(1)</sup> | 38000 | 38349 |
| Advance Auto Parts, Inc., 7.375%, 8/1/33<sup>(1)</sup> | 680000 | 683182 |
| Lowe's Cos., Inc., 4.50%, 10/15/32 | 450000 | 447700 |
| Lowe's Cos., Inc., 4.85%, 10/15/35 | 675000 | 669785 |
|  |  | 1839016 |
| **Technology Hardware, Storage and Peripherals — 0.0%** |  |  |
| Dell International LLC/EMC Corp., 5.30%, 4/1/32 | 191000 | 196507 |
| **Textiles, Apparel and Luxury Goods — 0.2%** |  |  |
| Gildan Activewear, Inc., 4.70%, 10/7/30<sup>(1)</sup> | 330000 | 328483 |
| Gildan Activewear, Inc., 5.40%, 10/7/35<sup>(1)</sup> | 470000 | 469203 |
|  |  | 797686 |
| **Trading Companies and Distributors — 0.1%** |  |  |
| Herc Holdings, Inc., 7.25%, 6/15/33<sup>(1)</sup> | 348000 | 369219 |
| **Wireless Telecommunication Services — 0.1%** |  |  |
| T-Mobile USA, Inc., 6.70%, 12/15/33 | 517000 | 579817 |
| **TOTAL CORPORATE BONDS**<br>(Cost $140,385,508) |  | **141311567** |
| **U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 28.2%** |  |  |
| **Adjustable-Rate U.S. Government Agency Mortgage-Backed Security — 0.0%** |  |  |
| FNMA, VRN, 3.17%, (1-year RFUCC plus 1.61%), 3/1/47 | 12105 | 12267 |
| **Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 28.2%** |  |  |
| FHLMC, 6.00%, 9/1/35 | 105685 | 110283 |
| FHLMC, 6.00%, 2/1/38 | 55597 | 58884 |
| FHLMC, 3.50%, 2/1/49 | 1824399 | 1708786 |
| FHLMC, 3.50%, 5/1/50 | 301740 | 281547 |
| FHLMC, 2.50%, 10/1/50 | 1462906 | 1242313 |
| FHLMC, 2.50%, 5/1/51 | 2014446 | 1725184 |
| FHLMC, 3.50%, 5/1/51 | 541301 | 505459 |
| FHLMC, 3.00%, 7/1/51 | 1319415 | 1175361 |
| FHLMC, 2.00%, 8/1/51 | 1702966 | 1390052 |
| FHLMC, 3.00%, 12/1/51 | 421785 | 374684 |
| FHLMC, 2.50%, 2/1/52 | 1978500 | 1696011 |
| FHLMC, 3.00%, 2/1/52 | 1862425 | 1671532 |
| FHLMC, 3.50%, 5/1/52 | 971537 | 907654 |
| FHLMC, 4.00%, 5/1/52 | 902638 | 865523 |
| FHLMC, 4.00%, 5/1/52 | 531058 | 507232 |
| FHLMC, 4.00%, 6/1/52 | 2334367 | 2238380 |
| FHLMC, 5.00%, 6/1/52 | 1011980 | 1015290 |
| FHLMC, 5.00%, 7/1/52 | 629020 | 635462 |
| FHLMC, 5.00%, 8/1/52 | 1284573 | 1298423 |
| FHLMC, 4.50%, 10/1/52 | 2477973 | 2433365 |
| FHLMC, 4.50%, 10/1/52 | 758752 | 744075 |
| FHLMC, 6.00%, 11/1/52 | 2444835 | 2530011 |
| FHLMC, 5.50%, 12/1/52 | 546862 | 558954 |
| FHLMC, 6.00%, 1/1/53 | 2374935 | 2452574 |
| FHLMC, 5.00%, 6/1/53 | 4965011 | 4955687 |
| FHLMC, 5.00%, 6/1/53 | 1807249 | 1809223 |
| FHLMC, 6.50%, 11/1/53 | 1289255 | 1343585 |
| FHLMC, 5.50%, 4/1/54 | 770262 | 787244 |
| FNMA, 6.00%, 12/1/33 | 85106 | 88181 |
| FNMA, 6.00%, 9/1/37 | 86625 | 91668 |
| FNMA, 6.00%, 11/1/37 | 78255 | 82811 |

---

------

---

| | | |
|:---|:---|:---|
| FNMA, 4.50%, 4/1/39 | 90076 | 90904 |
| FNMA, 4.50%, 5/1/39 | 259517 | 261902 |
| FNMA, 6.50%, 5/1/39 | 35367 | 37642 |
| FNMA, 4.50%, 10/1/39 | 420560 | 424426 |
| FNMA, 4.00%, 8/1/41 | 384690 | 376837 |
| FNMA, 3.50%, 5/1/42 | 134914 | 129628 |
| FNMA, 3.50%, 5/1/45 | 195246 | 185594 |
| FNMA, 4.00%, 11/1/45 | 222323 | 215235 |
| FNMA, 4.00%, 11/1/45 | 95030 | 91951 |
| FNMA, 4.00%, 2/1/46 | 378553 | 366250 |
| FNMA, 4.00%, 4/1/46 | 289619 | 280266 |
| FNMA, 3.50%, 2/1/47 | 544509 | 509964 |
| FNMA, 2.50%, 6/1/50 | 553760 | 474043 |
| FNMA, 2.50%, 12/1/51 | 1391366 | 1194469 |
| FNMA, 2.50%, 2/1/52 | 730381 | 628165 |
| FNMA, 3.00%, 2/1/52 | 2013188 | 1803664 |
| FNMA, 3.00%, 2/1/52 | 1315604 | 1178675 |
| FNMA, 2.00%, 3/1/52 | 2970400 | 2441159 |
| FNMA, 3.00%, 3/1/52 | 1144513 | 1027674 |
| FNMA, 3.00%, 4/1/52 | 1667478 | 1493424 |
| FNMA, 3.50%, 4/1/52 | 1545264 | 1432945 |
| FNMA, 3.50%, 4/1/52 | 600764 | 557097 |
| FNMA, 4.00%, 4/1/52 | 1516328 | 1448418 |
| FNMA, 4.00%, 4/1/52 | 517739 | 496451 |
| FNMA, 4.00%, 4/1/52 | 466271 | 445666 |
| FNMA, 3.00%, 5/1/52 | 1192397 | 1075432 |
| FNMA, 3.50%, 5/1/52 | 2163234 | 2012485 |
| FNMA, 3.50%, 5/1/52 | 1223335 | 1134755 |
| FNMA, 4.00%, 5/1/52 | 1498455 | 1428355 |
| FNMA, 3.00%, 6/1/52 | 1175932 | 1052995 |
| FNMA, 3.50%, 6/1/52 | 1378010 | 1293072 |
| FNMA, 2.50%, 7/1/52 | 877973 | 747545 |
| FNMA, 4.50%, 7/1/52 | 435259 | 426840 |
| FNMA, 5.00%, 8/1/52 | 1484233 | 1491461 |
| FNMA, 4.50%, 9/1/52 | 752545 | 744120 |
| FNMA, 5.00%, 9/1/52 | 945988 | 954618 |
| FNMA, 5.50%, 10/1/52 | 1377056 | 1402805 |
| FNMA, 5.50%, 1/1/53 | 2808003 | 2857260 |
| FNMA, 5.50%, 1/1/53 | 2792791 | 2849227 |
| FNMA, 6.50%, 1/1/53 | 1874939 | 1955856 |
| FNMA, 5.50%, 3/1/53 | 626464 | 641894 |
| FNMA, 4.50%, 8/1/53 | 539101 | 529958 |
| FNMA, 6.00%, 9/1/53 | 1410351 | 1467060 |
| FNMA, 6.00%, 9/1/53 | 1420393 | 1462892 |
| FNMA, 5.50%, 3/1/54 | 3322434 | 3379097 |
| FNMA, 4.50%, 4/1/54 | 4011436 | 3928597 |
| FNMA, 6.00%, 5/1/54 | 1631098 | 1680067 |
| GNMA, 5.00%, TBA | 1938000 | 1933874 |
| GNMA, 7.00%, 4/20/26 | 1 | 1 |
| GNMA, 7.50%, 8/15/26 | 12 | 12 |
| GNMA, 8.00%, 8/15/26 | 1 | 1 |
| GNMA, 6.50%, 5/15/28 | 291 | 300 |
| GNMA, 7.00%, 5/15/31 | 475 | 496 |
| GNMA, 5.50%, 12/15/32 | 20663 | 21216 |
| GNMA, 4.50%, 8/15/33 | 28694 | 28680 |

---

------

---

| | | |
|:---|:---|:---|
| GNMA, 6.00%, 9/20/38 | 30605 | 32707 |
| GNMA, 6.00%, 1/20/39 | 6951 | 7321 |
| GNMA, 4.50%, 4/15/39 | 43210 | 42987 |
| GNMA, 4.50%, 6/15/39 | 106194 | 106627 |
| GNMA, 4.50%, 1/15/40 | 80367 | 80620 |
| GNMA, 4.50%, 4/15/40 | 67454 | 67604 |
| GNMA, 4.50%, 12/15/40 | 126621 | 126564 |
| GNMA, 3.50%, 6/20/42 | 354171 | 335128 |
| GNMA, 3.00%, 5/20/50 | 473773 | 426845 |
| GNMA, 3.00%, 7/20/50 | 904678 | 815819 |
| GNMA, 3.50%, 6/20/51 | 923159 | 853737 |
| GNMA, 3.00%, 7/20/51 | 1985382 | 1787487 |
| GNMA, 4.00%, 9/20/52 | 3337957 | 3181578 |
| GNMA, 4.50%, 9/20/52 | 3174556 | 3117348 |
| GNMA, 4.50%, 10/20/52 | 3132051 | 3075126 |
| GNMA, 4.00%, 4/20/54 | 4422784 | 4201480 |
| GNMA, 5.00%, 12/20/54 | 1769556 | 1771767 |
| UMBS, 5.00%, TBA | 6732000 | 6714644 |
|  |  | 118124247 |
| **TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES**<br>(Cost $118,230,455) |  | **118136514** |
| **COLLATERALIZED MORTGAGE OBLIGATIONS — 9.0%** |  |  |
| **Private Sponsor Collateralized Mortgage Obligations — 8.7%** |  |  |
| Angel Oak Mortgage Trust, Series 2024-3, Class A1, 4.80%, 11/26/68<sup>(1)</sup> | 388830 | 388302 |
| BRAVO Residential Funding Trust, Series 2024-NQM1, Class A2, 6.10%, 12/1/63<sup>(1)</sup> | 257243 | 258880 |
| BRAVO Residential Funding Trust, Series 2024-NQM2, Class A1, 6.29%, 2/25/64<sup>(1)</sup> | 779864 | 787396 |
| BRAVO Trust, Series 2025-SR1, Class A1, SEQ, 3.00%, 3/25/45<sup>(1)</sup> | 1203778 | 1161658 |
| Chase Home Lending Mortgage Trust, Series 2024-9, Class A4, VRN, 5.50%, 9/25/55<sup>(1)</sup> | 657601 | 658766 |
| Chase Home Lending Mortgage Trust, Series 2024-9, Class A6, SEQ, VRN, 5.50%, 9/25/55<sup>(1)</sup> | 198281 | 198170 |
| Chase Home Lending Mortgage Trust, Series 2025-8, Class A4, VRN, 6.00%, 6/25/56<sup>(1)</sup> | 1971721 | 1999704 |
| CHL Mortgage Pass-Through Trust, Series 2005-17, Class 1A11, 5.50%, 9/25/35 | 1576 | 1569 |
| CHNGE Mortgage Trust, Series 2022-NQM1, Class A2, 5.82%, 6/25/67<sup>(1)</sup> | 619852 | 618295 |
| Citigroup Mortgage Loan Trust, Series 2024-CMI1, Class A11, VRN, 5.50%, 6/25/54<sup>(1)</sup> | 1059168 | 1063819 |
| Citigroup Mortgage Loan Trust, Inc., Series 2024-1, Class A7A, VRN, 6.00%, 7/25/54<sup>(1)</sup> | 690629 | 699322 |
| Citigroup Mortgage Loan Trust, Inc., Series 2024-CMI1, Class A5, VRN, 5.50%, 6/25/54<sup>(1)</sup> | 390763 | 391090 |
| COLT Mortgage Loan Trust, Series 2024-4, Class A2, 6.20%, 7/25/69<sup>(1)</sup> | 924805 | 935115 |
| Eagle RE Ltd., Series 2023-1, Class M1A, VRN, 5.87%, (30-day average SOFR plus 2.00%), 9/26/33<sup>(1)</sup> | 132234 | 132436 |
| EFMT, Series 2024-CES1, Class A2, 5.80%, 1/26/60<sup>(1)</sup> | 906000 | 917923 |
| GS Mortgage-Backed Securities Trust, Series 2025-PJ3, Class A4, VRN, 6.00%, 7/25/55<sup>(1)</sup> | 592375 | 600967 |
| JP Morgan Mortgage Trust, Series 2005-S2, Class 3A1, VRN, 7.17%, 2/25/32 | 7654 | 7549 |
| JP Morgan Mortgage Trust, Series 2024-10, Class A4, VRN, 5.50%, 3/25/55<sup>(1)</sup> | 672190 | 675402 |
| JP Morgan Mortgage Trust, Series 2024-10, Class A6, SEQ, VRN, 5.50%, 3/25/55<sup>(1)</sup> | 403350 | 404112 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A3, VRN, 5.50%, 6/25/55<sup>(1)</sup> | 992079 | 1004134 |
| JP Morgan Mortgage Trust, Series 2024-12, Class A4, VRN, 6.00%, 6/25/55<sup>(1)</sup> | 1524554 | 1537189 |
| JP Morgan Mortgage Trust, Series 2024-5, Class A6, SEQ, VRN, 6.00%, 11/25/54<sup>(1)</sup> | 464697 | 466497 |
| JP Morgan Mortgage Trust, Series 2024-6, Class A6, SEQ, VRN, 6.00%, 12/25/54<sup>(1)</sup> | 204432 | 204599 |
| JP Morgan Mortgage Trust, Series 2024-INV1, Class A4, SEQ, VRN, 6.00%, 4/25/55<sup>(1)</sup> | 687452 | 698348 |
| JP Morgan Mortgage Trust, Series 2025-11, Class A4, SEQ, VRN, 5.50%, 5/25/56<sup>(1)</sup> | 1585000 | 1593597 |
| JP Morgan Mortgage Trust, Series 2025-5MPR, Class A1D, 5.50%, 11/25/55<sup>(1)</sup> | 808127 | 811771 |
| JP Morgan Mortgage Trust, Series 2025-7MPR, Class A3, 5.85%, 2/25/56<sup>(1)</sup> | 632704 | 635104 |
| MFA Trust, Series 2023-NQM3, Class A1, SEQ, 6.62%, 7/25/68<sup>(1)</sup> | 1040140 | 1046537 |
| MFA Trust, Series 2024-NQM1, Class A1, SEQ, 6.58%, 3/25/69<sup>(1)</sup> | 173027 | 175572 |
| MFA Trust, Series 2024-NQM1, Class A2, SEQ, 6.83%, 3/25/69<sup>(1)</sup> | 560607 | 568583 |
| Morgan Stanley Residential Mortgage Loan Trust, Series 2023-2, Class A4, VRN, 6.00%, 6/25/53<sup>(1)</sup> | 1467974 | 1475468 |
| OBX Trust, Series 2024-NQM8, Class A1, 6.23%, 5/25/64<sup>(1)</sup> | 524875 | 531451 |

---

------

---

| | | |
|:---|:---|:---|
| OBX Trust, Series 2025-J3, Class A5, SEQ, VRN, 5.00%, 10/25/55<sup>(1)</sup> | 1070119 | 1067826 |
| PMT Loan Trust, Series 2025-J3, Class A8, VRN, 5.50%, 11/27/56<sup>(1)</sup> | 1065883 | 1072708 |
| PMT Loan Trust, Series 2025-J5, Class A5, VRN, 5.50%, 1/25/57<sup>(1)</sup> | 1550000 | 1555468 |
| PRKCM Trust, Series 2024-HOME1, Class A1, 6.43%, 5/25/59<sup>(1)</sup> | 620896 | 629139 |
| Provident Funding Mortgage Trust, Series 2024-1, Class A3, VRN, 5.50%, 12/25/54<sup>(1)</sup> | 1243954 | 1251335 |
| Provident Funding Mortgage Trust, Series 2025-2, Class A4, SEQ, VRN, 5.50%, 6/25/55<sup>(1)</sup> | 1106903 | 1114330 |
| Rate Mortgage Trust, Series 2025-J1, Class A4, VRN, 6.00%, 3/25/55<sup>(1)</sup> | 700226 | 710967 |
| Sequoia Mortgage Trust, Series 2024-10, Class A11, VRN, 5.50%, 11/25/54<sup>(1)</sup> | 243050 | 243419 |
| Sequoia Mortgage Trust, Series 2024-10, Class A5, SEQ, VRN, 5.50%, 11/25/54<sup>(1)</sup> | 396105 | 398104 |
| Sequoia Mortgage Trust, Series 2024-2, Class A4, VRN, 6.00%, 3/25/54<sup>(1)</sup> | 885343 | 893985 |
| Sequoia Mortgage Trust, Series 2024-6, Class A11, SEQ, VRN, 6.00%, 7/27/54<sup>(1)</sup> | 858361 | 863131 |
| Sequoia Mortgage Trust, Series 2025-11, Class A5, VRN, 5.00%, 11/25/55<sup>(1)</sup> | 1994055 | 1992614 |
| SoFi Mortgage Trust, Series 2016-1A, Class 1A4, SEQ, VRN, 3.00%, 11/25/46<sup>(1)</sup> | 67217 | 60613 |
| Verus Securitization Trust, Series 2024-4, Class A1, 6.22%, 6/25/69<sup>(1)</sup> | 481706 | 488265 |
| Verus Securitization Trust, Series 2024-5, Class A1, 6.19%, 6/25/69<sup>(1)</sup> | 1361604 | 1378995 |
|  |  | 36370224 |
| **U.S. Government Agency Collateralized Mortgage Obligations — 0.3%** |  |  |
| FHLMC, Series 3397, Class GF, VRN, 4.60%, (30-day average SOFR plus 0.61%), 12/15/37 | 49516 | 49341 |
| FNMA, Series 2023-39, Class AI, IO, 2.00%, 7/25/52 | 8265617 | 1057627 |
| FNMA, Series 2023-R05, Class 1M1, VRN, 5.77%, (30-day average SOFR plus 1.90%), 6/25/43<sup>(1)</sup> | 216080 | 217833 |
| GNMA, Series 2007-5, Class FA, VRN, 3.99%, (1-month SOFR plus 0.25%), 2/20/37 | 73489 | 73464 |
|  |  | 1398265 |
| **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS**<br>(Cost $37,360,671) |  | **37768489** |
| **U.S. TREASURY SECURITIES — 9.0%** |  |  |
| U.S. Treasury Notes, 3.50%, 10/31/27 | 2000000 | 2000586 |
| U.S. Treasury Notes, 4.125%, 8/31/30<sup>(2)</sup> | 2800000 | 2849766 |
| U.S. Treasury Notes, 3.50%, 11/30/30 | 14200000 | 14059109 |
| U.S. Treasury Notes, 4.375%, 11/30/30 | 10500000 | 10803515 |
| U.S. Treasury Notes, 4.25%, 2/28/31 | 7700000 | 7878213 |
| **TOTAL U.S. TREASURY SECURITIES**<br>(Cost $37,410,660) |  | **37591189** |
| **CONVERTIBLE PREFERRED SECURITIES — 5.9%** |  |  |
| **Banks — 5.5%** |  |  |
| Banco Bilbao Vizcaya Argentaria SA, 6.125% | 600000 | 607208 |
| Banco Mercantil del Norte SA, 5.875%<sup>(1)</sup> | 431000 | 430014 |
| Banco Mercantil del Norte SA, 7.50%<sup>(1)</sup> | 400000 | 413753 |
| Banco Santander SA, 4.75% | 2200000 | 2198952 |
| Barclays PLC, 8.00% | 1218000 | 1304607 |
| BNP Paribas SA, 8.50%<sup>(1)</sup> | 2010000 | 2138467 |
| Danske Bank AS, 4.375% | 1895000 | 1893996 |
| HSBC Holdings PLC, 6.00% | 1526000 | 1543886 |
| HSBC Holdings PLC, 6.875% | 349000 | 362270 |
| ING Groep NV, 5.75% | 1445000 | 1452949 |
| ING Groep NV, 7.50% | 1050000 | 1094942 |
| Lloyds Banking Group PLC, 6.75% | 619000 | 625974 |
| Macquarie Bank Ltd., 6.125%<sup>(1)</sup> | 651000 | 662570 |
| Nordea Bank Abp, 6.625%<sup>(1)</sup> | 2145000 | 2171300 |
| Skandinaviska Enskilda Banken AB, 6.875% | 1000000 | 1026778 |
| Societe Generale SA, 4.75%<sup>(1)</sup> | 209000 | 208490 |
| Societe Generale SA, 9.375%<sup>(1)</sup> | 1560000 | 1667581 |
| Societe Generale SA, 10.00%<sup>(1)</sup> | 380000 | 422657 |
| Standard Chartered PLC, 7.75%<sup>(1)</sup> | 280000 | 291702 |
| Svenska Handelsbanken AB, 4.375% | 1000000 | 991739 |
| Swedbank AB, VRN, 7.625% | 1400000 | 1467733 |
|  |  | 22977568 |

---

------

---

| | | |
|:---|:---|:---|
| **Capital Markets — 0.4%** |  |  |
| UBS Group AG, 9.25%<sup>(1)</sup> | 1550000 | 1705309 |
| **TOTAL CONVERTIBLE PREFERRED SECURITIES**<br>(Cost $24,205,260) |  | **24682877** |
| **ASSET-BACKED SECURITIES — 5.8%** |  |  |
| Aligned Data Centers Issuer LLC, Series 2021-1A, Class B, 2.48%, 8/15/46<sup>(1)</sup> | 975000 | 957774 |
| BRAVO Residential Funding Trust, Series 2024-CES1, Class A1A, 6.38%, 4/25/54<sup>(1)</sup> | 241022 | 244407 |
| Capital Automotive REIT, Series 2024-2A, Class A2, SEQ, 5.25%, 5/15/54<sup>(1)</sup> | 809187 | 808013 |
| Castlelake Aircraft Securitization Trust, Series 2018-1, Class A, SEQ, 4.125%, 6/15/43<sup>(1)</sup> | 149031 | 147553 |
| CyrusOne Data Centers Issuer I LLC, Series 2024-1A, Class A2, SEQ, 4.76%, 3/22/49<sup>(1)</sup> | 1500000 | 1479738 |
| CyrusOne Data Centers Issuer I LLC, Series 2024-2A, Class A2, SEQ, 4.50%, 5/20/49<sup>(1)</sup> | 750000 | 732932 |
| DI Issuer LLC, Series 2021-1A, Class A2, SEQ, 3.72%, 9/15/51<sup>(1)</sup> | 2462092 | 2369407 |
| FinBe USA Trust, Series 2025-1A, Class A, SEQ, 5.70%, 12/15/28<sup>(1)</sup> | 825465 | 828733 |
| Flexential Issuer LLC, Series 2025-1A, Class A2, SEQ, 6.03%, 10/25/60<sup>(1)</sup> | 1775000 | 1770286 |
| Goodgreen Trust, Series 2018-1A, Class A, VRN, 3.93%, 10/15/53<sup>(1)</sup> | 602379 | 560536 |
| GoodLeap Sustainable Home Solutions Trust, Series 2021-5CS, Class A, 2.31%, 10/20/48<sup>(1)</sup> | 562688 | 469376 |
| JP Morgan Mortgage Trust, Series 2025-CES7, Class A1A, 5.06%, 4/25/56<sup>(1)</sup> | 775000 | 774986 |
| Lyra Music Assets Delaware LP, Series 2024-2A, Class A2, SEQ, 5.76%, 12/22/64<sup>(1)</sup> | 1394653 | 1412670 |
| Lyra Music Assets Delaware LP, Series 2025-1A, Class A2, SEQ, 5.60%, 9/20/65<sup>(1)</sup> | 738152 | 745083 |
| Mosaic Solar Loan Trust, Series 2023-2A, Class A, SEQ, 5.36%, 9/22/53<sup>(1)</sup> | 531270 | 512327 |
| MP LLC, Series 2025-1A, Class A, SEQ, 5.55%, 11/15/65<sup>(1)</sup> | 1421276 | 1424564 |
| New Economy Assets - Phase 1 Sponsor LLC, Series 2021-1, Class B1, 2.41%, 10/20/61<sup>(1)</sup> | 1700000 | 1068522 |
| RCKT Mortgage Trust, Series 2024-CES4, Class A1A, 6.15%, 6/25/44<sup>(1)</sup> | 750576 | 760094 |
| Santander Mortgage Asset Receivable Trust, Series 2025-CES1, Class A1A, 5.04%, 9/25/55<sup>(1)</sup> | 1929683 | 1932166 |
| SEB Funding LLC, Series 2024-1A, Class A2, SEQ, 7.39%, 4/30/54<sup>(1)</sup> | 1214000 | 1243086 |
| Stonepeak ABS, Series 2021-1A, Class AA, 2.30%, 2/28/33<sup>(1)</sup> | 221977 | 216802 |
| Switch ABS Issuer LLC, Series 2024-2A, Class A2, SEQ, 5.44%, 6/25/54<sup>(1)</sup> | 575000 | 577041 |
| Towd Point Mortgage Trust, Series 2024-CES1, Class A1A, VRN, 5.85%, 1/25/64<sup>(1)</sup> | 685372 | 689606 |
| VB-S1 Issuer LLC, Series 2024-1A, Class F, 8.87%, 5/15/54<sup>(1)</sup> | 1000000 | 1036055 |
| Vertical Bridge CC LLC, Series 2025-1A, Class A, SEQ, 5.16%, 8/16/55<sup>(1)</sup> | 1508826 | 1513733 |
| **TOTAL ASSET-BACKED SECURITIES**<br>(Cost $24,560,430) |  | **24275490** |
| **COMMERCIAL MORTGAGE-BACKED SECURITIES — 2.4%** |  |  |
| Bank, Series 2018-BN15, Class D, 3.00%, 11/15/61<sup>(1)</sup> | 304000 | 252790 |
| Bank, Series 2019-BN17, Class D, 3.00%, 4/15/52<sup>(1)</sup> | 388000 | 333076 |
| Bank, Series 2021-BN36, Class D, VRN, 2.50%, 9/15/64<sup>(1)</sup> | 387896 | 292570 |
| BBCMS Mortgage Trust, Series 2019-C5, Class D, 2.50%, 11/15/52<sup>(1)</sup> | 415246 | 316204 |
| BBCMS Mortgage Trust, Series 2024-5C27, Class AS, SEQ, VRN, 6.41%, 7/15/57 | 1337000 | 1407996 |
| Benchmark Mortgage Trust, Series 2018-B5, Class D, VRN, 3.10%, 7/15/51<sup>(1)</sup> | 529000 | 422571 |
| Benchmark Mortgage Trust, Series 2020-B16, Class D, 2.50%, 2/15/53<sup>(1)</sup> | 752000 | 573319 |
| Benchmark Mortgage Trust, Series 2021-B31, Class D, 2.25%, 12/15/54<sup>(1)</sup> | 318000 | 212923 |
| Credit Suisse Mortgage Trust, Series 2021-BHAR, Class B, VRN, 5.37%, (1-month SOFR plus 1.61%), 11/15/38<sup>(1)</sup> | 469000 | 465476 |
| CSAIL Commercial Mortgage Trust, Series 2019-C15, Class D, 3.00%, 3/15/52<sup>(1)</sup> | 625000 | 515892 |
| FS Commercial Mortgage Trust, Series 2023-4SZN, Class A, SEQ, 7.07%, 11/10/39<sup>(1)</sup> | 860000 | 875876 |
| Morgan Stanley Capital I Trust, Series 2018-H3, Class D, 3.00%, 7/15/51<sup>(1)</sup> | 289000 | 245047 |
| Morgan Stanley Capital I Trust, Series 2020-L4, Class D, 2.50%, 2/15/53<sup>(1)</sup> | 628000 | 479077 |
| One Market Plaza Trust, Series 2017-1MKT, Class B, 3.85%, 2/10/32<sup>(1)</sup> | 1097000 | 1038515 |
| ONNI Commerical Mortgage Trust, Series 2024-APT, Class A, SEQ, VRN, 5.57%, 7/15/39<sup>(1)</sup> | 1355000 | 1382430 |
| THPT Mortgage Trust, Series 2023-THL, Class B, VRN, 7.67%, 12/10/34<sup>(1)</sup> | 970000 | 981595 |
| UBS Commercial Mortgage Trust, Series 2018-C15, Class D, VRN, 5.14%, 12/15/51<sup>(1)</sup> | 240000 | 220422 |
| **TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES**<br>(Cost $9,503,171) |  | **10015779** |
| **PREFERRED SECURITIES — 2.3%** |  |  |
| **Banks — 0.7%** |  |  |
| Citigroup, Inc., 3.875% | 1746000 | 1746397 |
| JPMorgan Chase & Co., 3.65% | 407000 | 404959 |

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------

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| | | |
|:---|:---|:---|
| Wells Fargo & Co., 3.90% | 640000 | 638399 |
|  |  | 2789755 |
| **Capital Markets — 0.4%** |  |  |
| Charles Schwab Corp., 4.00% | 1693000 | 1683696 |
| **Oil, Gas and Consumable Fuels — 0.5%** |  |  |
| Energy Transfer LP, 6.50% | 1025000 | 1033844 |
| Energy Transfer LP, 6.625% | 590000 | 589705 |
| Sunoco LP, 7.875%<sup>(1)</sup> | 419000 | 430749 |
|  |  | 2054298 |
| **Trading Companies and Distributors — 0.7%** |  |  |
| Air Lease Corp., 4.65% | 800000 | 794749 |
| Aircastle Ltd., 5.25%<sup>(1)</sup> | 2233000 | 2237542 |
|  |  | 3032291 |
| **TOTAL PREFERRED SECURITIES**<br>(Cost $9,436,783) |  | **9560040** |
| **COLLATERALIZED LOAN OBLIGATIONS — 1.9%** |  |  |
| Apidos CLO XIIX Ltd., Series 2024-49A, Class B, VRN, 5.47%, (3-month SOFR plus 1.60%), 10/24/37<sup>(1)</sup> | 1500000 | 1505311 |
| Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class A, VRN, 5.21%, (1-month SOFR plus 1.46%), 11/15/36<sup>(1)</sup> | 644592 | 644912 |
| Ares LII CLO Ltd., Series 2019-52A, Class CRR, VRN, 5.41%, (3-month SOFR plus 1.55%), 4/22/31<sup>(1)</sup> | 2200000 | 2201730 |
| Birch Grove CLO 4 Ltd., Series 2022-4A, Class BR, VRN, 5.70%, (3-month SOFR plus 1.80%), 7/15/37<sup>(1)</sup> | 1760000 | 1761324 |
| Jamestown CLO XIV Ltd., Series 2019-14A, Class BRR, VRN, 5.63%, (3-month SOFR plus 1.75%), 10/20/34<sup>(1)</sup> | 1820000 | 1822917 |
| Mountain View CLO LLC, Series 2017-2A, Class B, VRN, 5.86%, (3-month SOFR plus 1.96%), 1/16/31<sup>(1)</sup> | 121009 | 121094 |
| **TOTAL COLLATERALIZED LOAN OBLIGATIONS**<br>(Cost $8,055,352) |  | **8057288** |
| **MUNICIPAL SECURITIES — 1.2%** |  |  |
| California State University Rev., 2.98%, 11/1/51  | 400000 | 267529 |
| Escambia County Health Facilities Authority Rev., (Baptist Hospital, Inc. Obligated Group), 3.61%, 8/15/40 (AG) | 105000 | 86989 |
| Foothill-Eastern Transportation Corridor Agency Rev., 4.09%, 1/15/49  | 387000 | 316590 |
| Golden State Tobacco Securitization Corp. Rev., 2.75%, 6/1/34  | 595000 | 529447 |
| Houston GO, 3.96%, 3/1/47  | 255000 | 219733 |
| Los Angeles Community College District GO, 6.75%, 8/1/49  | 130000 | 144342 |
| Metropolitan St. Louis Sewer District Rev., Series C, 3.26%, 5/1/45  | 250000 | 198876 |
| Michigan Strategic Fund Rev., (Flint Water Advocacy Fund), 3.23%, 9/1/47  | 580000 | 445360 |
| Missouri Highway & Transportation Commission Rev., 5.45%, 5/1/33  | 50000 | 51312 |
| New Jersey Turnpike Authority Rev., 7.10%, 1/1/41  | 40000 | 46785 |
| New York GO, Series B-1, 5.83%, 10/1/53  | 750000 | 772806 |
| Ohio Turnpike & Infrastructure Commission Rev., 3.22%, 2/15/48  | 455000 | 335897 |
| Port Authority of New York & New Jersey Rev., 4.93%, 10/1/51  | 150000 | 139886 |
| Regents of the University of California Medical Center Pooled Rev., 3.26%, 5/15/60  | 225000 | 146119 |
| State of California GO, 7.60%, 11/1/40  | 25000 | 30635 |
| Sumter Landing Community Development District Rev., 5.57%, 10/1/40 (AG) | 65000 | 67402 |
| Sumter Landing Community Development District Rev., 5.74%, 10/1/45 (AG) | 100000 | 102418 |
| Sumter Landing Community Development District Rev., 5.82%, 10/1/54 (AG) | 185000 | 187385 |
| Texas Natural Gas Securitization Finance Corp. Rev., SEQ, 5.17%, 4/1/41  | 460000 | 469590 |
| United Nations Development Corp. Rev., (City of New York), Series A, 6.54%, 8/1/55  | 70000 | 74748 |
| University of California Rev., 3.07%, 5/15/51  | 220000 | 149496 |
| **TOTAL MUNICIPAL SECURITIES**<br>(Cost $5,617,320) |  | **4783345** |
| **SOVEREIGN GOVERNMENTS AND AGENCIES — 0.8%** |  |  |
| **Brazil — 0.2%** |  |  |
| Brazil Government International Bonds, 6.625%, 3/15/35 | 1007000 | 1039174 |
| **Chile — 0.1%** |  |  |
| Chile Government International Bonds, 5.33%, 1/5/54 | 300000 | 290227 |
| **Colombia — 0.1%** |  |  |
| Colombia Government International Bonds, 7.75%, 11/7/36 | 200000 | 208830 |

---

------

---

| | | |
|:---|:---|:---|
| **Mexico — 0.4%** |  |  |
| Eagle Funding Luxco SARL, 5.50%, 8/17/30<sup>(1)</sup> | 1558000 | 1588911 |
| **TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES**<br>(Cost $3,080,394) |  | **3127142** |
| **SHORT-TERM INVESTMENTS — 1.2%** |  |  |
| **Commercial Paper**<sup>(3)</sup> **— 0.5%** |  |  |
| Overwatch Bravo Funding LLC, 3.84%, 1/2/26<sup>(1)</sup> | 2100000 | 2100004 |
| **Repurchase Agreements — 0.7%** |  |  |
| Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 3.75%, 8/15/27, valued at $3,053,954), at 3.82%, dated 12/31/25, due 1/2/26 (Delivery value $2,994,635) |  | 2994000 |
| **TOTAL SHORT-TERM INVESTMENTS**<br>(Cost $5,093,785) |  | **5094004** |
| **TOTAL INVESTMENT SECURITIES — 101.5%**<br>(Cost $422,939,789) |  | **424403724** |
| **OTHER ASSETS AND LIABILITIES — (1.5)%** |  | **(6119881)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**418283843** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** | **FUTURES CONTRACTS PURCHASED** |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional**<br>**Amount** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)^** |
| U.K. Gilt 10-Year Bonds | 30 | March 2026 | $3694867 | $27258 |
| U.S. Treasury 10-Year Notes | 128 | March 2026 | 14392000 | (79948) |
| U.S. Treasury 10-Year Ultra Notes | 41 | March 2026 | 4715641 | (2033) |
| U.S. Treasury Long Bonds | 88 | March 2026 | 10172250 | (117047) |
| U.S. Treasury Ultra Bonds | 165 | March 2026 | 19470000 | (316618) |
|  |  |  | $52444758 | $(488388) |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FUTURES CONTRACTS SOLD** | | | | |
| **Reference Entity** | **Contracts** | **Expiration Date** | **Notional**<br>**Amount** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)^** |
| U.S. Treasury 2-Year Notes | 1 | March 2026 | $208789 | $42 |

---

^Amount represents value and unrealized appreciation (depreciation).

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> | **CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS**<sup>§</sup> |
| **Reference Entity** | **Type**<sup>‡</sup> | **Fixed** <br>**Rate**<br>**Received**<br>**(Paid)**<br>**Quarterly** | **Termination**<br>**Date** | **Notional**<br>**Amount** | **Premiums**<br>**Paid**<br>**(Received)** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** | **Value^** |
| Markit CDX North America High Yield Index Series 45 | Sell | 5.00% | 12/20/30 | $5500000 | $413098 | $13655 | $426753 |

---

§Credit default swap agreements enable the fund to buy/sell protection against a credit event of a specific issuer or index. As a seller of credit protection against a security or basket of securities, the fund receives an upfront and/or periodic payment to compensate against potential default events. The fund may attempt to enhance returns by selling protection.

‡The maximum potential amount the fund could be required to deliver as a seller of credit protection if a credit event occurs as defined under the terms of the agreement is the notional amount. The maximum potential amount may be partially offset by any recovery values of the reference entities and upfront payments received upon entering into the agreement.

^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.

------

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| AG | – | Assured Guaranty, Inc. |
| CDX | – | Credit Derivatives Indexes |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GNMA | – | Government National Mortgage Association |
| GO | – | General Obligation |
| IO | – | Interest Only |
| RFUCC | – | FTSE USD IBOR Consumer Cash Fallbacks |
| SEQ | – | Sequential Payer |
| SOFR | – | Secured Overnight Financing Rate |
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. |
| UMBS | – | Uniform Mortgage-Backed Securities |
| USD | – | United States Dollar |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |

---

(1)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $153,932,653, which represented 36.8% of total net assets.

(2)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $2,266,580.

(3)The rate indicated is the yield to maturity at purchase for non-interest bearing securities. For interest bearing securities, the stated coupon rate is shown.

------

**SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS**

**1. Investment Valuations**

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds, U.S. Treasury and Government Agency securities, municipal securities, and sovereign governments and agencies are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related and asset-backed securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer. Collateralized loan obligations are valued based on discounted cash flow models that consider trade and economic data, prepayment assumptions and default projections. Commercial paper is valued using a curve-based approach that considers money market rates for specific instruments, programs, currencies and maturity points from a variety of active market makers.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred securities and convertible preferred securities with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Repurchase agreements are valued at cost, which approximates fair value. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange. Swap agreements are valued at an evaluated mean as provided by independent pricing services or independent brokers. Forward foreign currency exchange contracts are valued at the mean of the appropriate forward exchange rate at the close of the NYSE as provided by an independent pricing service.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause a fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

**2. Fair Value Measurements**

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

------

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.

---

| | | | |
|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** |
| **Assets** |  |  |  |
| **Investment Securities** |  |  |  |
| Corporate Bonds |  | $141311567 |  |
| U.S. Government Agency Mortgage-Backed Securities |  | 118136514 |  |
| Collateralized Mortgage Obligations |  | 37768489 |  |
| U.S. Treasury Securities |  | 37591189 |  |
| Convertible Preferred Securities |  | 24682877 |  |
| Asset-Backed Securities |  | 24275490 |  |
| Commercial Mortgage-Backed Securities |  | 10015779 |  |
| Preferred Securities |  | 9560040 |  |
| Collateralized Loan Obligations |  | 8057288 |  |
| Municipal Securities |  | 4783345 |  |
| Sovereign Governments and Agencies |  | 3127142 |  |
| Short-Term Investments |  | 5094004 |  |
|  |  | $424403724 |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $42 | $27258 |  |
| Swap Agreements |  | 426753 |  |
|  | $42 | $454011 |  |
| **Liabilities** |  |  |  |
| **Other Financial Instruments** |  |  |  |
| Futures Contracts | $515646 |  |  |

---

*This schedule of investments provides information about the fund's portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund's most recent annual or semiannual financial statements.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Century Investment Trust

- **b. Investment Company Act file number:** 811-07822

- **c. CIK number of Registrant:** 0000908406

- **d. LEI of Registrant:** 549300RGSU9J1L1HFF90

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

  - **Street Address 1:** 4500 Main St

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

  - **Telephone number:** 816-531-5575

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

- **a. Name of Series:** Core Plus Fund

- **b. EDGAR series identifier (if any):** S000014384

- **c. LEI of Series:** 8LFDEWNICHSXV3I4I007

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $428469781.25

**Total Liabilities:** $11658584.30

**Net Assets:** $416811196.95

**Cash Not Reported:** $239586.74

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 530.000000000000 | **1-Year:** 4376.000000000000 | **5-Year:** 18674.000000000000 | **10-Year:** 39887.000000000000 | **30-Year:** 83773.000000000000

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

- **3-Month:** 14.000000000000 | **1-Year:** 2072.000000000000 | **5-Year:** 11634.000000000000 | **10-Year:** 4735.000000000000 | **30-Year:** 4217.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000039168 | 0.70%                | 0.60%                | -0.04%               |
| Class ID C000039169 | 0.72%                | 0.62%                | -0.02%               |
| Class ID C000039170 | 0.68%                | 0.58%                | -0.06%               |
| Class ID C000039172 | 0.62%                | 0.52%                | -0.12%               |
| Class ID C000039173 | 0.66%                | 0.67%                | -0.18%               |
| Class ID C000189691 | 0.71%                | 0.61%                | -0.03%               |
| Class ID C000222299 | 0.64%                | 0.75%                | -0.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $223924.40               | $622293.87                                 |
| Month 2  | $130908.23               | $850315.39                                 |
| Month 3  | $306033.45               | $-1340481.13                               |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate

- **Index Identifier:** Bloomberg US Aggregate

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ashtead Capital Inc                                                          | Ashtead Capital Inc 5.95 10/15/2033                                                          | CUSIP: 045054AR4<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    600000 | PA      | $635137.43    | 0.15%             | 2033-10-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Ashton Woods USA LLC / Ashton Woods Finance Co                               | Ashton Woods USA LLC / Ashton Woods Finance Co 6.88 08/01/2033                               | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    413000 | PA      | $413675.33    | 0.10%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Asurion LLC and Asurion Co-Issuer Inc                                        | Asurion LLC and Asurion Co-Issuer Inc 8.00 12/31/2032                                        | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $275103.50    | 0.07%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                                        | Athene Global Funding 5.53 07/11/2031                                                        | CUSIP: 04685A3Z2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    305000 | PA      | $312856.36    | 0.08%             | 2031-07-11      | Fixed         | 5.53%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co LP                                                | Atlas Warehouse Lending Co LP 6.25 01/15/2030                                                | CUSIP: 049463AE2<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    751000 | PA      | $791093.63    | 0.19%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co LP                                                | Atlas Warehouse Lending Co LP 4.95 11/15/2030                                                | CUSIP: 049463AG7<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    525000 | PA      | $527025.96    | 0.13%             | 2030-11-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Avilease Capital Ltd                                                         | Avilease Capital Ltd 4.75 11/12/2030                                                         | CUSIP: 05370HAA1<br>LEI: 635400SXOPVAVBWNE366 | Long             | DBT              | CORP              | KY        |    730000 | PA      | $724751.48    | 0.17%             | 2030-11-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Trust 2019-C5                                   | Barclays Commercial Mortgage Trust 2019-C5 2.50                                              | CUSIP: 05492JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    415246 | PA      | $316204.22    | 0.08%             | 2052-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 5.00                                                                        | CUSIP: 3133KPKP2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1011980 | PA      | $1015290.48   | 0.24%             | 2052-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 4.00                                                                        | CUSIP: 3133KPMJ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2334367 | PA      | $2238379.82   | 0.54%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 6.00                                                                        | CUSIP: 3133KQDW3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2444835 | PA      | $2530010.56   | 0.61%             | 2052-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 5.50                                                                        | CUSIP: 3133KQE28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    546862 | PA      | $558954.48    | 0.13%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.00                                                                         | CUSIP: 3140QNF31<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1315604 | PA      | $1178674.73   | 0.28%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX | BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX 5.13 01/18/2033 | CUSIP: 05533UAF5<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | US        |    690000 | PA      | $678735.75    | 0.16%             | 2033-01-18      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust 2024-5C27                                               | BBCMS Mortgage Trust 2024-5C27 6.41                                                          | CUSIP: 05555FAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1337000 | PA      | $1407995.77   | 0.34%             | 2057-07-15      | Variable      | 6.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3140QNXA5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1545264 | PA      | $1432945.32   | 0.34%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3140QPAJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1223335 | PA      | $1134754.65   | 0.27%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.50                                                                         | CUSIP: 3140QPSR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    435259 | PA      | $426839.67    | 0.10%             | 2052-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 7.50                                                                       | CUSIP: 36225AN55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |        12 | PA      | $11.60        | 0.00%             | 2026-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                                               | BNP Paribas SA (pfd) 8.50% 02/14/2174 Perpetual                                              | CUSIP: 05565A5R0<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |   2010000 | NS      | $2138467.14   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                                      | BPCE SA 3.65 01/14/2037                                                                      | CUSIP: 05578QAH6<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |    720000 | PA      | $658585.30    | 0.16%             | 2037-01-14      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 7.00                                                                       | CUSIP: 36225BNC8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       475 | PA      | $495.87       | 0.00%             | 2031-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 5.00                                                                      | CUSIP: 3622ADQC5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1769556 | PA      | $1771766.66   | 0.43%             | 2054-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                           | Banco Bilbao Vizcaya Argentaria SA (pfd) 6.13% 02/16/2174 Perpetual                          | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EP               | CORP              | ES        |    600000 | NS      | $607207.80    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                           | Banco Santander SA (pfd) 4.75% 08/12/2174 Perpetual                                          | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EP               | CORP              | ES        |   2200000 | NS      | $2198952.14   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Mercantil del Norte SA/Grand Cayman                                    | Banco Mercantil del Norte SA/Grand Cayman (pfd) 7.50% 09/27/2174 Perpetual                   | CUSIP: 05971PAB4<br>LEI: 549300QTVYRPFHS0J362 | Long             | EP               | CORP              | KY        |    400000 | NS      | $413753.20    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Mercantil del Norte SA/Grand Cayman                                    | Banco Mercantil del Norte SA/Grand Cayman (pfd) 5.88% 01/24/2174 Perpetual                   | CUSIP: 05973KAA5<br>LEI: 549300QTVYRPFHS0J362 | Long             | EP               | CORP              | KY        |    431000 | NS      | $430014.22    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GXO Logistics Inc                                                            | GXO Logistics Inc 6.25 05/06/2029                                                            | CUSIP: 36262GAF8<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    805000 | PA      | $848924.60    | 0.20%             | 2029-05-06      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                                   | Government National Mortgage Association 3.99                                                | CUSIP: 38375JJZ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     73489 | PA      | $73464.26     | 0.02%             | 2037-02-20      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| Grupo Energia Bogota SA ESP                                                  | Grupo Energia Bogota SA ESP 5.75 10/22/2035                                                  | CUSIP: 40053XAC3<br>LEI: 529900LG618OWYVHI655 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $198405.00    | 0.05%             | 2035-10-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Grupo Aeromexico SAB de CV                                                   | Grupo Aeromexico SAB de CV 8.25 11/15/2029                                                   | CUSIP: 40054JAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    600000 | PA      | $614286.00    | 0.15%             | 2029-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                      | HCA Inc 6.20 03/01/2055                                                                      | CUSIP: 404119DC0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    142000 | PA      | $144815.25    | 0.03%             | 2055-03-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple             | FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple 7.25 01/31/2041             | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    396203 | PA      | $417114.54    | 0.10%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANK 2018-BNK15                                                              | BANK 2018-BNK15 3.00                                                                         | CUSIP: 06036FAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    304000 | PA      | $252789.65    | 0.06%             | 2061-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                                         | Bank of America Corp 5.51 01/24/2036                                                         | CUSIP: 06051GMM8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    670000 | PA      | $698958.63    | 0.17%             | 2036-01-24      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| BANK 2021-BNK36                                                              | BANK 2021-BNK36 2.50                                                                         | CUSIP: 06540DAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    387896 | PA      | $292569.94    | 0.07%             | 2064-09-15      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                                 | Barclays PLC (pfd) 8.00% 12/15/2174 Perpetual                                                | CUSIP: 06738EBX2<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EP               | CORP              | GB        |   1218000 | NS      | $1304607.11   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Baxter International Inc                                                     | Baxter International Inc 4.90 12/15/2030                                                     | CUSIP: 071813DD8<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136107.59    | 0.03%             | 2030-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Baxter International Inc                                                     | Baxter International Inc 5.65 12/15/2035                                                     | CUSIP: 071813DE6<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |    217000 | PA      | $219689.39    | 0.05%             | 2035-12-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Beacon Funding Trust                                                         | Beacon Funding Trust 6.27 08/15/2054                                                         | CUSIP: 073952AB9<br>LEI: 984500A80A2EBF5A7C93 | Long             | DBT              | CORP              | US        |    365000 | PA      | $371031.87    | 0.09%             | 2054-08-15      | Fixed         | 6.27%                 | No            |                  2 | On Loan: No      |
| Beignet Investor LLC                                                         | Beignet Investor LLC 6.58 05/30/2049                                                         | CUSIP: 076912AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    189000 | PA      | $199850.23    | 0.05%             | 2049-05-30      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| Benchmark 2018-B5 Mortgage Trust                                             | Benchmark 2018-B5 Mortgage Trust 3.10                                                        | CUSIP: 08160BAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    529000 | PA      | $422571.50    | 0.10%             | 2051-07-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Benchmark 2020-B16 Mortgage Trust                                            | Benchmark 2020-B16 Mortgage Trust 2.50                                                       | CUSIP: 08161NAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    752000 | PA      | $573319.31    | 0.14%             | 2053-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Benchmark 2021-B31 Mortgage Trust                                            | Benchmark 2021-B31 Mortgage Trust 2.25                                                       | CUSIP: 08163MAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    318000 | PA      | $212922.59    | 0.05%             | 2054-12-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Birch Grove CLO                                                              | Birch Grove CLO 4 Ltd 5.70                                                                   | CUSIP: 09077CAU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1760000 | PA      | $1761324.40   | 0.42%             | 2037-07-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Biocon Biologics Global PLC                                                  | Biocon Biologics Global PLC 6.67 10/09/2029                                                  | CUSIP: 090978AA5<br>LEI: 254900PMQN51VACG2D55 | Long             | DBT              | CORP              | GB        |    620000 | PA      | $625488.12    | 0.15%             | 2029-10-09      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                               | Blackstone Private Credit Fund 5.95 07/16/2029                                               | CUSIP: 09261HBN6<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |    525000 | PA      | $535877.08    | 0.13%             | 2029-07-16      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp                                             | Blue Owl Technology Finance Corp 6.10 03/15/2028                                             | CUSIP: 095924AA4<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |   1123000 | PA      | $1130644.12   | 0.27%             | 2028-03-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Boeing Co/The                                                                | Boeing Co/The 5.71 05/01/2040                                                                | CUSIP: 097023CV5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    575000 | PA      | $587479.43    | 0.14%             | 2040-05-01      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                                               | Braskem Netherlands Finance BV 4.50 01/10/2028                                               | CUSIP: 10554TAB1<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $82406.46     | 0.02%             | 2028-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                                               | Braskem Netherlands Finance BV 4.50 01/31/2030                                               | CUSIP: 10554TAD7<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |   1400000 | PA      | $548254.00    | 0.13%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRAVO Trust 2025-SR1                                                         | BRAVO Trust 2025-SR1 3.00                                                                    | CUSIP: 10567UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1226043 | PA      | $1183143.90   | 0.28%             | 2045-03-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024-NQM2                                    | BRAVO Residential Funding Trust 2024-NQM2 6.29                                               | CUSIP: 10569KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    779864 | PA      | $787395.51    | 0.19%             | 2064-02-25      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024-NQM1                                    | BRAVO Residential Funding Trust 2024-NQM1 6.10                                               | CUSIP: 10570FAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    257243 | PA      | $258879.51    | 0.06%             | 2063-12-01      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| CNA Financial Corp                                                           | CNA Financial Corp 5.20 08/15/2035                                                           | CUSIP: 126117AZ3<br>LEI: 549300YX2GSZD7YG1R84 | Long             | DBT              | CORP              | US        |    569000 | PA      | $572035.32    | 0.14%             | 2035-08-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                                      | CNO Financial Group Inc 5.25 05/30/2029                                                      | CUSIP: 12621EAL7<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    605000 | PA      | $614614.31    | 0.15%             | 2029-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Apidos CLO                                                                   | Apidos Clo Xlix 5.47                                                                         | CUSIP: 03771BAE6<br>LEI: 254900GQACQ28T9VX243 | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1505311.20   | 0.36%             | 2037-10-24      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                                | AppLovin Corp 5.13 12/01/2029                                                                | CUSIP: 03831WAB4<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    104000 | PA      | $106710.81    | 0.03%             | 2029-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CNO Financial Group Inc                                                      | CNO Financial Group Inc 6.45 06/15/2034                                                      | CUSIP: 12621EAM5<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | DBT              | CORP              | US        |    251000 | PA      | $265693.13    | 0.06%             | 2034-06-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-BHAR                                                               | CSMC 2021-BHAR 5.37                                                                          | CUSIP: 12659VAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    469000 | PA      | $465476.26    | 0.11%             | 2038-11-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2025-8                                     | Chase Home Lending Mortgage Trust 2025-8 6.00                                                | CUSIP: 16162UAD5<br>LEI: 529900CHSDEA1SX67419 | Long             | ABS-MBS          | CORP              | US        |   1971721 | PA      | $1999704.27   | 0.48%             | 2056-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                                                          | Cheniere Energy Inc 4.63 10/15/2028                                                          | CUSIP: 16411RAK5<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | DBT              | CORP              | US        |    445000 | PA      | $444401.68    | 0.11%             | 2028-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                                | AppLovin Corp 5.38 12/01/2031                                                                | CUSIP: 03831WAC2<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    207000 | PA      | $214944.58    | 0.05%             | 2031-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AppLovin Corp                                                                | AppLovin Corp 5.50 12/01/2034                                                                | CUSIP: 03831WAD0<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | DBT              | CORP              | US        |    385000 | PA      | $395723.57    | 0.09%             | 2034-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arbor Realty Trust Inc                                                       | Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd 5.21                                  | CUSIP: 03880RAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    644591 | PA      | $644911.87    | 0.15%             | 2036-11-15      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| Arbor Realty SR Inc                                                          | Arbor Realty SR Inc 8.50 12/15/2028                                                          | CUSIP: 03881NAL1<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              | CORP              | US        |    435000 | PA      | $433402.62    | 0.10%             | 2028-12-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Chile Government International Bond                                          | Chile Government International Bond 5.33 01/05/2054                                          | CUSIP: 168863EA2<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    300000 | PA      | $290227.50    | 0.07%             | 2054-01-05      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                | Citigroup Inc 4.41 03/31/2031                                                                | CUSIP: 172967MP3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    490000 | PA      | $490057.15    | 0.12%             | 2031-03-31      | Variable      | 4.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 3.00                                                                        | CUSIP: 3132DM5Y7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    421785 | PA      | $374684.16    | 0.09%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 4.50                                                                        | CUSIP: 3132DN3B7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2477973 | PA      | $2433364.77   | 0.58%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 3.50                                                                        | CUSIP: 3132DNFZ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    541301 | PA      | $505458.75    | 0.12%             | 2051-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 3.50                                                                        | CUSIP: 3132DNQ71<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    301740 | PA      | $281546.77    | 0.07%             | 2050-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ARES CLO                                                                     | ARES LII CLO Ltd 5.41                                                                        | CUSIP: 04009ABC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2200000 | PA      | $2201730.30   | 0.53%             | 2031-04-22      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                                   | Ares Strategic Income Fund 5.70 03/15/2028                                                   | CUSIP: 04020EAG2<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |    269000 | PA      | $272766.03    | 0.07%             | 2028-03-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 5.00                                                                        | CUSIP: 3132DNTZ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1284573 | PA      | $1298422.60   | 0.31%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 5.00                                                                        | CUSIP: 3132DNXS7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    629020 | PA      | $635462.18    | 0.15%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 6.00                                                                        | CUSIP: 3132DPM96<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2374935 | PA      | $2452574.27   | 0.59%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 3.50                                                                        | CUSIP: 3132DQQF6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1824399 | PA      | $1708785.94   | 0.41%             | 2049-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Arizona Public Service Co                                                    | Arizona Public Service Co 5.70 08/15/2034                                                    | CUSIP: 040555DH4<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |    298000 | PA      | $313535.57    | 0.08%             | 2034-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                                             | Bank of Montreal 7.70 05/26/2084                                                             | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |    434000 | PA      | $461104.95    | 0.11%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                                      | Bank of Nova Scotia/The 8.63 10/27/2082                                                      | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    885000 | PA      | $940520.52    | 0.23%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia/The                                                      | Bank of Nova Scotia/The 8.00 01/27/2084                                                      | CUSIP: 0641598V1<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    560000 | PA      | $601994.96    | 0.14%             | 2084-01-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| BANK 2019-BNK17                                                              | BANK 2019-BNK17 3.00                                                                         | CUSIP: 065403AJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    388000 | PA      | $333076.47    | 0.08%             | 2052-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust 2024-CES1                                    | BRAVO Residential Funding Trust 2024-CES1 6.38                                               | CUSIP: 10570NAA6<br>LEI: 254900UJENIYH5UEYD42 | Long             | ABS-MBS          | CORP              | US        |    241022 | PA      | $244407.28    | 0.06%             | 2054-04-25      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 4.50                                                                        | CUSIP: 3132DWE66<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    758752 | PA      | $744075.09    | 0.18%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 4.00                                                                        | CUSIP: 3133BBGD5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    902638 | PA      | $865523.06    | 0.21%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brazilian Government International Bond                                      | Brazilian Government International Bond 6.63 03/15/2035                                      | CUSIP: 105756CL2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1007000 | PA      | $1039173.65   | 0.25%             | 2035-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                                                      | Bristol-Myers Squibb Co 5.55 02/22/2054                                                      | CUSIP: 110122EK0<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |    415000 | PA      | $407846.74    | 0.10%             | 2054-02-22      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc                                                     | Builders FirstSource Inc 4.25 02/01/2032                                                     | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1067428.73   | 0.26%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                 | CCO Holdings LLC / CCO Holdings Capital Corp 5.13 05/01/2027                                 | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1426000 | PA      | $1424866.87   | 0.34%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 3.50                                                                        | CUSIP: 3133BBGS2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    971537 | PA      | $907653.75    | 0.22%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 5.00                                                                        | CUSIP: 3133C6BC2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   4965011 | PA      | $4955686.62   | 1.19%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 2.50                                                                        | CUSIP: 3133KKB57<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1462906 | PA      | $1242312.62   | 0.30%             | 2050-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 2.50                                                                        | CUSIP: 3133KL2S5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   2014446 | PA      | $1725183.73   | 0.41%             | 2051-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 3.00                                                                        | CUSIP: 3133KMEZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1319415 | PA      | $1175361.17   | 0.28%             | 2051-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 2.00                                                                        | CUSIP: 3133KMLL7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1702966 | PA      | $1390052.49   | 0.33%             | 2051-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 3.00                                                                        | CUSIP: 3133KNNV1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1862425 | PA      | $1671531.91   | 0.40%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 2.50                                                                        | CUSIP: 3133KNSE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1978500 | PA      | $1696011.31   | 0.41%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 4.00                                                                        | CUSIP: 3133KPGB8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    531058 | PA      | $507232.46    | 0.12%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 5.00                                                                        | CUSIP: 3133KRJB1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1807249 | PA      | $1809223.02   | 0.43%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CBRE Services Inc                                                            | CBRE Services Inc 4.90 01/15/2033                                                            | CUSIP: 12505BAL4<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    360000 | PA      | $361861.40    | 0.09%             | 2033-01-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Capital Automotive REIT                                                      | Capital Automotive REIT 5.25                                                                 | CUSIP: 12510HAX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    809188 | PA      | $808012.73    | 0.19%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHNGE Mortgage Trust 2022-NQM1                                               | CHNGE Mortgage Trust 2022-NQM1 5.82                                                          | CUSIP: 12569CAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    619852 | PA      | $618294.78    | 0.15%             | 2067-06-25      | Variable      | 5.82%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                              | CVS Health Corp 6.00 06/01/2044                                                              | CUSIP: 126650EE6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    455000 | PA      | $457645.19    | 0.11%             | 2044-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae REMICS                                                            | Fannie Mae REMICS 2.00                                                                       | CUSIP: 3136BQFV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   8265618 | PA      | $1057626.26   | 0.25%             | 2052-07-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3138EGXH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    384690 | PA      | $376836.77    | 0.09%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.50                                                                         | CUSIP: 3138EHN24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     35367 | PA      | $37642.44     | 0.01%             | 2039-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3138LSL65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    134914 | PA      | $129627.67    | 0.03%             | 2042-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                              | CVS Health Corp 7.00 03/10/2055                                                              | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    332000 | PA      | $348499.76    | 0.08%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                              | CVS Health Corp 5.45 09/15/2035                                                              | CUSIP: 126650EK2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    204000 | PA      | $208893.29    | 0.05%             | 2035-09-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                  | Oracle Corp 5.20 09/26/2035                                                                  | CUSIP: 68389XDM4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1010000 | PA      | $968024.27    | 0.23%             | 2035-09-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Overwatch Bravo Funding LLC                                                  | Overwatch Bravo Funding LLC 0.00 01/02/2026                                                  | CUSIP: 69040CA26<br>LEI: 254900PNCXTKEIEUSA81 | Long             | STIV             | CORP              | US        |   2100000 | PA      | $2100000.00   | 0.50%             | 2026-01-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                                                  | Ovintiv Inc 7.10 07/15/2053                                                                  | CUSIP: 69047QAD4<br>LEI: 2549003MEX7YMKLGI239 | Long             | DBT              | CORP              | US        |    370000 | PA      | $395319.94    | 0.09%             | 2053-07-15      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| CHL Mortgage Pass-Through Trust 2005-17                                      | CHL Mortgage Pass-Through Trust 2005-17 5.50                                                 | CUSIP: 12669G5X5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1576 | PA      | $1569.20      | 0.00%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                                    | Caesars Entertainment Inc 4.63 10/15/2029                                                    | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    733000 | PA      | $703602.11    | 0.17%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3138WF3X2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    222323 | PA      | $215234.73    | 0.05%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3138WFYH3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     95030 | PA      | $91950.96     | 0.02%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Blue Owl Credit Income Corp                                                  | Blue Owl Credit Income Corp 7.75 01/15/2029                                                  | CUSIP: 69120VAW1<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |    605000 | PA      | $640403.21    | 0.15%             | 2029-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Blue Owl Technology Finance Corp                                             | Blue Owl Technology Finance Corp 6.75 04/04/2029                                             | CUSIP: 69121JAB3<br>LEI: 254900G5EZJSOD3UKL16 | Long             | DBT              | CORP              | US        |    425000 | PA      | $434858.75    | 0.10%             | 2029-04-04      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California 7.60% 11/01/2040                                                         | CUSIP: 13063BJC7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |     25000 | PA      | $30635.26     | 0.01%             | 2040-11-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | California State University 2.98% 11/01/2051                                                 | CUSIP: 13077DKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $267529.16    | 0.06%             | 2051-11-01      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| RCKT Mortgage Trust 2024-CES4                                                | RCKT Mortgage Trust 2024-CES4 6.15                                                           | CUSIP: 74939FAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750576 | PA      | $760093.72    | 0.18%             | 2044-06-25      | Variable      | 6.15%                 | No            |                  2 | On Loan: No      |
| RWE Finance US LLC                                                           | RWE Finance US LLC 5.13 09/18/2035                                                           | CUSIP: 749983AC6<br>LEI: 529900J7MYLKI84UP772 | Long             | DBT              | CORP              | US        |    151000 | PA      | $150209.99    | 0.04%             | 2035-09-18      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3138WGLG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    378553 | PA      | $366250.25    | 0.09%             | 2046-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3138WGXY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    289619 | PA      | $280265.75    | 0.07%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rate Mortgage Trust 205-J1                                                   | Rate Mortgage Trust 205-J1 6.00                                                              | CUSIP: 75410CAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    700226 | PA      | $710967.42    | 0.17%             | 2055-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                      | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp 9.75 04/15/2030                      | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    273000 | PA      | $296451.25    | 0.07%             | 2030-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp                                                   | Capital One Financial Corp 2.36 07/29/2032                                                   | CUSIP: 14040HCG8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    465000 | PA      | $407586.33    | 0.10%             | 2032-07-29      | Variable      | 2.36%                 | No            |                  2 | On Loan: No      |
| Carlisle Cos Inc                                                             | Carlisle Cos Inc 5.55 09/15/2040                                                             | CUSIP: 142339AM2<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | DBT              | CORP              | US        |    220000 | PA      | $223123.11    | 0.05%             | 2040-09-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| United Airlines Inc                                                          | United Airlines Inc 4.63 04/15/2029                                                          | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    370000 | PA      | $368656.01    | 0.09%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United Nations Development Corp                                              | United Nations Development Corp 6.54% 08/01/2055                                             | CUSIP: 911157MF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $74748.22     | 0.02%             | 2055-08-01      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3138WJYA0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    544509 | PA      | $509964.08    | 0.12%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3138YGYX4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    195246 | PA      | $185593.70    | 0.04%             | 2045-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac REMICS                                                           | Freddie Mac REMICS 4.60                                                                      | CUSIP: 31397PM31<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     49516 | PA      | $49341.14     | 0.01%             | 2037-12-15      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.17                                                                         | CUSIP: 3140FS6H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     12105 | PA      | $12267.43     | 0.00%             | 2047-03-01      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                                | Carnival Corp 4.00 08/01/2028                                                                | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    618000 | PA      | $609196.34    | 0.15%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                                | Carnival Corp 5.13 05/01/2029                                                                | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    411000 | PA      | $415763.26    | 0.10%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.00                                                                         | CUSIP: 3140MHUV9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1144513 | PA      | $1027673.51   | 0.25%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3140MKAG7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    517739 | PA      | $496450.74    | 0.12%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Carpenter Technology Corp                                                    | Carpenter Technology Corp 5.63 03/01/2034                                                    | CUSIP: 144285AN3<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152546.25    | 0.04%             | 2034-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Castlelake Aircraft Securitization Trust 2018-1                              | Castlelake Aircraft Securitization Trust 2018-1 4.13                                         | CUSIP: 14856CAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    149031 | PA      | $147553.02    | 0.04%             | 2043-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| United Rentals North America Inc                                             | United Rentals North America Inc 6.00 12/15/2029                                             | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    375000 | PA      | $385525.51    | 0.09%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                | United States Treasury Note/Bond 4.25 08/31/2030                                             | CUSIP: 91282CHW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2800000 | PA      | $2849765.63   | 0.68%             | 2030-08-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.50                                                                         | CUSIP: 3140N24W8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    752544 | PA      | $744120.49    | 0.18%             | 2052-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 5.00                                                                         | CUSIP: 3140N25N7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    945988 | PA      | $954618.33    | 0.23%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3140QN4N9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1498455 | PA      | $1428355.49   | 0.34%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3140QN7H9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2163234 | PA      | $2012485.29   | 0.48%             | 2052-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 5.00                                                                         | CUSIP: 3140QPXM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1484233 | PA      | $1491461.39   | 0.36%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 5.50                                                                         | CUSIP: 3140QREQ2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2792791 | PA      | $2849226.50   | 0.68%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.50                                                                         | CUSIP: 3140QREU3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1874939 | PA      | $1955856.15   | 0.47%             | 2053-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 5.50                                                                         | CUSIP: 3140QRR21<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    626464 | PA      | $641893.75    | 0.15%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.00                                                                         | CUSIP: 3140QS4H1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1410351 | PA      | $1467060.20   | 0.35%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.00                                                                         | CUSIP: 3140QS4T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1420393 | PA      | $1462891.67   | 0.35%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.50                                                                         | CUSIP: 3140W3AV1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   4011436 | PA      | $3928597.14   | 0.94%             | 2054-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 2.50                                                                         | CUSIP: 3140XDS98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1391366 | PA      | $1194469.36   | 0.29%             | 2051-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 2.00                                                                         | CUSIP: 3140XF4G3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2970400 | PA      | $2441158.57   | 0.59%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3140XGMP1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1516328 | PA      | $1448418.39   | 0.35%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc                                                         | WEC Energy Group Inc 5.63 05/15/2056                                                         | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    375000 | PA      | $377641.14    | 0.09%             | 2056-05-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Weir Group Inc                                                               | Weir Group Inc 5.35 05/06/2030                                                               | CUSIP: 94877DAA2<br>LEI: 2138009WEPEV2V98AV65 | Long             | DBT              | CORP              | US        |    428000 | PA      | $439954.13    | 0.11%             | 2030-05-06      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 6.50                                                                        | CUSIP: 3142GQLF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |   1289254 | PA      | $1343585.41   | 0.32%             | 2053-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Pool                                                             | Freddie Mac Pool 5.50                                                                        | CUSIP: 3142GRMN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    770262 | PA      | $787243.81    | 0.19%             | 2054-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                             | Wells Fargo & Co (pfd) 3.9% 06/15/2169 Perpetual                                             | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    640000 | NS      | $638399.39    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                             | Wells Fargo & Co 5.01 04/04/2051                                                             | CUSIP: 95000U2M4<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    375000 | PA      | $342962.91    | 0.08%             | 2051-04-04      | Variable      | 5.01%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co                                                             | Wells Fargo & Co 5.61 04/23/2036                                                             | CUSIP: 95000U3V3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    550000 | PA      | $576691.48    | 0.14%             | 2036-04-23      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Western Alliance Bank                                                        | Western Alliance Bank 6.54 11/15/2035                                                        | CUSIP: 95758BCL1<br>LEI: SI7YQSVPFZBSQ878IC17 | Long             | DBT              | CORP              | US        |    645000 | PA      | $646734.24    | 0.16%             | 2035-11-15      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| FinBe USA Trust 2025-1                                                       | FinBe USA Trust 2025-1 5.70                                                                  | CUSIP: 317967AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    825465 | PA      | $828733.34    | 0.20%             | 2028-12-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Flexential Issuer LLC                                                        | Flexential Issuer LLC 6.03                                                                   | CUSIP: 33938MAK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1775000 | PA      | $1770286.49   | 0.42%             | 2060-10-25      | Fixed         | 6.03%                 | No            |                  2 | On Loan: No      |
| Wynnton Funding Trust II                                                     | Wynnton Funding Trust II 5.99 08/15/2055                                                     | CUSIP: 983197AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    417000 | PA      | $421043.75    | 0.10%             | 2055-08-15      | Fixed         | 5.99%                 | No            |                  2 | On Loan: No      |
| Yinson Bergenia Production BV                                                | Yinson Bergenia Production BV 8.50 01/31/2045                                                | CUSIP: 98585VAA6<br>LEI: 549300JDIAWKPMZD5256 | Long             | DBT              | CORP              | NL        |    832000 | PA      | $873287.88    | 0.21%             | 2045-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 4.50                                                                      | CUSIP: 36179XHY5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3132051 | PA      | $3075125.89   | 0.74%             | 2052-10-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 4.00                                                                      | CUSIP: 36179YU36<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   4422784 | PA      | $4201480.17   | 1.01%             | 2054-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                     | Celanese US Holdings LLC 7.00 02/15/2031                                                     | CUSIP: 15089QBC7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    570000 | PA      | $583938.65    | 0.14%             | 2031-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Centene Corp                                                                 | Centene Corp 4.63 12/15/2029                                                                 | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |    335000 | PA      | $325165.64    | 0.08%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc                                                           | Cenovus Energy Inc 5.40 03/20/2036                                                           | CUSIP: 15135UBB4<br>LEI: 549300F4XPHJ7NOSP309 | Long             | DBT              | CORP              | CA        |    282000 | PA      | $281762.48    | 0.07%             | 2036-03-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Chart Industries Inc                                                         | Chart Industries Inc 7.50 01/01/2030                                                         | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    850000 | PA      | $886970.96    | 0.21%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                                     | Chase Home Lending Mortgage Trust 2024-9 5.50                                                | CUSIP: 16160QAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    657601 | PA      | $658765.91    | 0.16%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Chase Home Lending Mortgage Trust 2024-9                                     | Chase Home Lending Mortgage Trust 2024-9 5.50                                                | CUSIP: 16160QAK0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    198281 | PA      | $198169.80    | 0.05%             | 2055-09-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Zions Bancorp NA                                                             | Zions Bancorp NA 6.82 11/19/2035                                                             | CUSIP: 98971DAC4<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | DBT              | CORP              | US        |    815000 | PA      | $867939.51    | 0.21%             | 2035-11-19      | Variable      | 6.82%                 | No            |                  2 | On Loan: No      |
| Svenska Handelsbanken AB                                                     | Svenska Handelsbanken AB (pfd) 4.38% 03/01/2174 Perpetual                                    | CUSIP: W9T10ZZR9<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | EP               | CORP              | SE        |   1000000 | NS      | $991738.83    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| GLP Capital LP / GLP Financing II Inc                                        | GLP Capital LP / GLP Financing II Inc 5.25 02/15/2033                                        | CUSIP: 361841AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    464000 | PA      | $466061.09    | 0.11%             | 2033-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                                                           | Ally Financial Inc 8.00 11/01/2031                                                           | CUSIP: 36186CBY8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    752000 | PA      | $854648.38    | 0.21%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                | Citigroup Inc (pfd) 3.88% 05/18/2174 Perpetual                                               | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |   1746000 | NS      | $1746397.22   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                | Citigroup Inc 5.17 09/11/2036                                                                | CUSIP: 172967QH7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    325000 | PA      | $328180.59    | 0.08%             | 2036-09-11      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                | Citigroup Inc 5.61 03/04/2056                                                                | CUSIP: 17327CAY9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    210000 | PA      | $209256.50    | 0.05%             | 2056-03-04      | Variable      | 5.61%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2024-1                                         | Citigroup Mortgage Loan Trust 2024-1 6.00                                                    | CUSIP: 17332CBP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    690629 | PA      | $699321.52    | 0.17%             | 2054-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                                              | Danske Bank A/S (pfd) 4.38% 11/18/2174 Perpetual                                             | CUSIP: K2227DL59<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | EP               | CORP              | DK        |   1895000 | NS      | $1893996.07   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                 | ING Groep NV (pfd) 7.50% 05/16/2174 Perpetual                                                | CUSIP: N4578ELM8<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |   1050000 | NS      | $1094941.86   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                                                  | Swedbank AB (pfd) 7.63% 09/17/2174 Perpetual                                                 | CUSIP: W94240HF3<br>LEI: M312WZV08Y7LYUC71685 | Long             | EP               | CORP              | SE        |   1000000 | NS      | $1048380.38   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOT US Long Bond Future                                                     | US LONG BOND(CBT) Mar26                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        88 | NC      | $-117047.04   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 10 Year US Treasury Note                                                | US 10YR NOTE (CBT)Mar26                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       128 | NC      | $-79947.39    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank & Trust Co                                                 | Fixed Income Clearing Corp 3.82 01/02/2026                                                   | CUSIP: RPEK5X943<br>LEI: 571474TGEMMWANRLN572 | Long             | RA               | CORP              | US        |   2994000 | PA      | $2994000.00   | 0.72%             | 2026-01-02      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2024-CMI1                                      | Citigroup Mortgage Loan Trust 2024-CMI1 5.50                                                 | CUSIP: 17332DAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    390763 | PA      | $391089.96    | 0.09%             | 2054-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust 2024-CMI1                                      | Citigroup Mortgage Loan Trust 2024-CMI1 5.50                                                 | CUSIP: 17332DAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1059168 | PA      | $1063818.65   | 0.26%             | 2054-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 4.50                                                                       | CUSIP: 36200MTD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     28694 | PA      | $28680.34     | 0.01%             | 2033-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 7.00                                                                      | CUSIP: 36202CNT6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         1 | PA      | $1.23         | 0.00%             | 2026-04-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 6.00                                                                      | CUSIP: 36202EWE5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     30605 | PA      | $32707.12     | 0.01%             | 2038-09-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 6.00                                                                      | CUSIP: 36202EZH5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6951 | PA      | $7320.58      | 0.00%             | 2039-01-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Coinbase Global Inc                                                          | Coinbase Global Inc 3.38 10/01/2028                                                          | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    115000 | PA      | $109643.74    | 0.03%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating LLC                                              | Permian Resources Operating LLC 5.88 07/01/2029                                              | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    242000 | PA      | $244214.60    | 0.06%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                                             | Skandinaviska Enskilda Banken AB (pfd) 6.88% 12/30/2174 Perpetual                            | CUSIP: W8T54FK56<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | EP               | CORP              | SE        |   1000000 | NS      | $1026778.16   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 8.00                                                                       | CUSIP: 36206W6X8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         1 | PA      | $1.04         | 0.00%             | 2026-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Colombia Government International Bond                                       | Colombia Government International Bond 7.75 11/07/2036                                       | CUSIP: 195325EP6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $208830.00    | 0.05%             | 2036-11-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| COLT 2024-4 Mortgage Loan Trust                                              | COLT 2024-4 Mortgage Loan Trust 6.20                                                         | CUSIP: 19688WAB4<br>LEI: 213800KKXAZ8LJ3W5A65 | Long             | ABS-MBS          | CORP              | US        |    924805 | PA      | $935114.69    | 0.22%             | 2069-07-25      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Holding Co                                                | Columbia Pipelines Holding Co LLC 5.00 11/17/2032                                            | CUSIP: 19828AAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    422000 | PA      | $422133.78    | 0.10%             | 2032-11-17      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia Pipelines Operating Co LLC                                          | Columbia Pipelines Operating Co LLC 6.04 11/15/2033                                          | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    390000 | PA      | $417625.47    | 0.10%             | 2033-11-15      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc                                                       | Advance Auto Parts Inc 7.38 08/01/2033                                                       | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    680000 | PA      | $683182.40    | 0.16%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                                               | Air Lease Corp (pfd) 4.65% 06/15/2174 Perpetual                                              | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EP               | CORP              | US        |    800000 | NS      | $794748.48    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Aircastle Ltd                                                                | Aircastle Ltd (pfd) 5.25% 09/15/2174 Perpetual                                               | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | EP               | CORP              | US        |   2233000 | NS      | $2237542.15   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                                              | Aligned Data Centers Issuer LLC 2.48                                                         | CUSIP: 01627AAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    975000 | PA      | $957773.70    | 0.23%             | 2046-08-15      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| ONNI Commerical Mortgage Trust 2024-APT                                      | ONNI Commerical Mortgage Trust 2024-APT 5.57                                                 | CUSIP: 682939AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1355000 | PA      | $1382429.67   | 0.33%             | 2039-07-15      | Variable      | 5.57%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                  | Oracle Corp 5.50 09/27/2064                                                                  | CUSIP: 68389XCV5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    261000 | PA      | $208516.66    | 0.05%             | 2064-09-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 6.50                                                                       | CUSIP: 36208RXQ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |       291 | PA      | $300.14       | 0.00%             | 2028-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 4.50                                                                       | CUSIP: 3620A2MJ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     43210 | PA      | $42987.38     | 0.01%             | 2039-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Co                                                         | Commercial Metals Co 6.00 12/15/2035                                                         | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25643.40     | 0.01%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Edison Co                                                       | Commonwealth Edison Co 5.95 06/01/2055                                                       | CUSIP: 202795KB5<br>LEI: D8YOXB8L2ZDC8P7Q0771 | Long             | DBT              | CORP              | US        |    138000 | PA      | $143617.09    | 0.03%             | 2055-06-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Concentrix Corp                                                              | Concentrix Corp 6.60 08/02/2028                                                              | CUSIP: 20602DAB7<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |    995000 | PA      | $1026666.98   | 0.25%             | 2028-08-02      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust 2023-R05                                 | Connecticut Avenue Securities Trust 2023-R05 5.77                                            | CUSIP: 207942AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    216080 | PA      | $217832.66    | 0.05%             | 2043-06-25      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial Inc                                                     | Corebridge Financial Inc 6.38 09/15/2054                                                     | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    298000 | PA      | $300444.20    | 0.07%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 5.50                                                                         | CUSIP: 3140QUBQ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   3322434 | PA      | $3379097.38   | 0.81%             | 2054-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 4.50                                                                       | CUSIP: 3620A94L2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     80367 | PA      | $80620.03     | 0.02%             | 2040-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 4.50                                                                       | CUSIP: 3620AMRV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    126621 | PA      | $126564.10    | 0.03%             | 2040-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Alliant Energy Corp                                                          | Alliant Energy Corp 5.75 04/01/2056                                                          | CUSIP: 018802AF5<br>LEI: 5493009ML300G373MZ12 | Long             | DBT              | CORP              | US        |    678000 | PA      | $677744.39    | 0.16%             | 2056-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                                                     | Allison Transmission Inc 5.88 12/01/2033                                                     | CUSIP: 019736AH0<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    810000 | PA      | $822200.41    | 0.20%             | 2033-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 4.50                                                                       | CUSIP: 3620AQ6T5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     67454 | PA      | $67604.06     | 0.02%             | 2040-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 5.50                                                                       | CUSIP: 36213TF81<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20663 | PA      | $21216.41     | 0.01%             | 2032-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GXO Logistics Inc                                                            | GXO Logistics Inc 6.50 05/06/2034                                                            | CUSIP: 36262GAG6<br>LEI: 5493007CNWMXN78JRN66 | Long             | DBT              | CORP              | US        |    218000 | PA      | $236032.06    | 0.06%             | 2034-05-06      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust 2025-PJ3                                 | GS Mortgage-Backed Securities Trust 2025-PJ3 6.00                                            | CUSIP: 36273WAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    592375 | PA      | $600966.90    | 0.14%             | 2055-07-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                                                  | Oracle Corp 4.80 09/26/2032                                                                  | CUSIP: 68389XDK8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1498000 | PA      | $1446611.68   | 0.35%             | 2032-09-26      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Blue Owl Capital Corp                                                        | Blue Owl Capital Corp 5.95 03/15/2029                                                        | CUSIP: 69121KAH7<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |    371000 | PA      | $374515.71    | 0.09%             | 2029-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.00                                                                         | CUSIP: 3140QUNV4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1631098 | PA      | $1680066.81   | 0.40%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3140XGST7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    600764 | PA      | $557096.58    | 0.13%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae I Pool                                                            | Ginnie Mae I Pool 4.50                                                                       | CUSIP: 36296XXF6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    106194 | PA      | $106626.76    | 0.03%             | 2039-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co Inc                                              | General Motors Financial Co Inc 5.60 06/18/2031                                              | CUSIP: 37045XEY8<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $344352.96    | 0.08%             | 2031-06-18      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co In                                               | General Motors Financial Co Inc 6.15 07/15/2035                                              | CUSIP: 37045XFK7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | CA        |    235000 | PA      | $247747.61    | 0.06%             | 2035-07-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S/GENMAB FINANCE LLC                                                | GENMAB A/S/GENMAB FINANCE LLC 6.25 12/15/2032                                                | CUSIP: 37230JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    500000 | PA      | $512770.77    | 0.12%             | 2032-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc                                                                | PRA Group Inc 8.88 01/31/2030                                                                | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    307000 | PA      | $318883.97    | 0.08%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PRKCM 2024-HOME1 Trust                                                       | PRKCM 2024-HOME1 Trust 6.43                                                                  | CUSIP: 69391XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    620896 | PA      | $629139.05    | 0.15%             | 2059-05-25      | Variable      | 6.43%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S/GENMAB FINANCE LLC                                                | GENMAB A/S/GENMAB FINANCE LLC 7.25 12/15/2033                                                | CUSIP: 37230JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    200000 | PA      | $210250.37    | 0.05%             | 2033-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Gildan Activewear Inc                                                        | Gildan Activewear Inc 4.70 10/07/2030                                                        | CUSIP: 375916AF0<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    330000 | PA      | $328483.23    | 0.08%             | 2030-10-07      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association                                        | FNCL 5 1/26 MBS 30yr                                                                         | CUSIP: 01F050619<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   6732000 | PA      | $6714644.10   | 1.61%             | 2055-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                               | American Electric Power Co Inc 6.05 03/15/2056                                               | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    453000 | PA      | $445305.77    | 0.11%             | 2056-03-15      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Gildan Activewear Inc                                                        | Gildan Activewear Inc 5.40 10/07/2035                                                        | CUSIP: 375916AG8<br>LEI: 549300SB3IBI34M00Z45 | Long             | DBT              | CORP              | CA        |    470000 | PA      | $469202.69    | 0.11%             | 2035-10-07      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                         | Glencore Funding LLC 5.89 04/04/2054                                                         | CUSIP: 378272BV9<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104541.33    | 0.03%             | 2054-04-04      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                                         | Glencore Funding LLC 5.19 04/01/2030                                                         | CUSIP: 378272BZ0<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |    325000 | PA      | $334291.79    | 0.08%             | 2030-04-01      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| Global Atlantic Fin Co                                                       | Global Atlantic Fin Co 7.95 06/15/2033                                                       | CUSIP: 37959GAD9<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |    940000 | PA      | $1074182.03   | 0.26%             | 2033-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                     | Golden State Tobacco Securitization Corp 2.75% 06/01/2034                                    | CUSIP: 38122NB50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $529446.95    | 0.13%             | 2034-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                  | Goldman Sachs Group Inc/The 6.48 10/24/2029                                                  | CUSIP: 38141GA46<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    405000 | PA      | $429660.89    | 0.10%             | 2029-10-24      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust 2025-J5                                                       | PMT Loan Trust 2025-J5 5.50                                                                  | CUSIP: 69392KAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1550000 | PA      | $1555467.94   | 0.37%             | 2057-01-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| PMT Loan Trust 2025-J3                                                       | PMT Loan Trust 2025-J3 5.50                                                                  | CUSIP: 69392XAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1065883 | PA      | $1072708.21   | 0.26%             | 2056-11-27      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group Inc/The                                                  | Goldman Sachs Group Inc/The 4.37 10/21/2031                                                  | CUSIP: 38141GD35<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    480000 | PA      | $478958.71    | 0.11%             | 2031-10-21      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| Golub Capital BDC Inc                                                        | Golub Capital BDC Inc 7.05 12/05/2028                                                        | CUSIP: 38173MAD4<br>LEI: 2549005WE0QLGK9APF78 | Long             | DBT              | CORP              | US        |    475000 | PA      | $501438.31    | 0.12%             | 2028-12-05      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Golub Capital Private Credit Fund                                            | Golub Capital Private Credit Fund 5.45 08/15/2028                                            | CUSIP: 38179RAE5<br>LEI: 254900B5KBW6OY1F9951 | Long             | DBT              | CORP              | US        |    600000 | PA      | $604400.21    | 0.15%             | 2028-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Goodgreen 2018-1                                                             | Goodgreen 2018-1 3.93                                                                        | CUSIP: 38218GAA0<br>LEI: 549300X0P2BXCQULUH20 | Long             | ABS-MBS          | CORP              | US        |    602379 | PA      | $560535.70    | 0.13%             | 2053-10-15      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.00                                                                         | CUSIP: 3140XHCM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1192397 | PA      | $1075431.77   | 0.26%             | 2052-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.00                                                                         | CUSIP: 3140XHN94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    466271 | PA      | $445665.94    | 0.11%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GoodLeap Sustainable Home Solutions Trust 2021-5                             | GoodLeap Sustainable Home Solutions Trust 2021-5 2.31                                        | CUSIP: 38237HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    562688 | PA      | $469376.52    | 0.11%             | 2048-10-20      | Fixed         | 2.31%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                           | City of Houston TX 3.96% 03/01/2047                                                          | CUSIP: 4423313K8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    255000 | PA      | $219732.63    | 0.05%             | 2047-03-01      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                           | J.P. Morgan Mortgage Trust 2024-10 5.50                                                      | CUSIP: 46658LAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    403350 | PA      | $404111.50    | 0.10%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-INV1                                           | JP Morgan Mortgage Trust 2024-INV1 6.00                                                      | CUSIP: 46658PAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    687452 | PA      | $698348.19    | 0.17%             | 2055-04-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2024-5                                       | JP Morgan Mortgage Trust Series 2024-5 6.00                                                  | CUSIP: 46658RAF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    464697 | PA      | $466497.36    | 0.11%             | 2054-11-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-12                                             | JP Morgan Mortgage Trust 2024-12 5.50                                                        | CUSIP: 46658TAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    992079 | PA      | $1004133.55   | 0.24%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                     | Lloyds Banking Group PLC (pfd) 6.75% 09/27/2174 Perpetual                                    | CUSIP: 53944YAJ2<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EP               | CORP              | GB        |    619000 | NS      | $625974.27    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Los Angeles Community College District/CA                                    | Los Angeles Community College District/CA 6.75% 08/01/2049                                   | CUSIP: 54438CPA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $144342.45    | 0.03%             | 2049-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Palomino Funding Trust I                                                     | Palomino Funding Trust I 7.23 05/17/2028                                                     | CUSIP: 69754AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $296239.28    | 0.07%             | 2028-05-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                              | PennyMac Financial Services Inc 7.13 11/15/2030                                              | CUSIP: 70932MAE7<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    758000 | PA      | $799753.67    | 0.19%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.00                                                                         | CUSIP: 3140XHWY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2013188 | PA      | $1803664.07   | 0.43%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.00                                                                         | CUSIP: 3140XJCU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1175932 | PA      | $1052995.24   | 0.25%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisiana-Pacific Corp                                                       | Louisiana-Pacific Corp 3.63 03/15/2029                                                       | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |    449000 | PA      | $436432.98    | 0.10%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Louisville Gas and Electric Co                                               | Louisville Gas and Electric Co 5.85 08/15/2055                                               | CUSIP: 546676BA4<br>LEI: KO3GRIB3RPH1XDX50U72 | Long             | DBT              | CORP              | US        |     86000 | PA      | $86742.87     | 0.02%             | 2055-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                              | PennyMac Financial Services Inc 6.88 02/15/2033                                              | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    178000 | PA      | $185948.18    | 0.04%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Co                                                 | Perrigo Finance Unlimited Co 4.90 06/15/2030                                                 | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $193617.08    | 0.05%             | 2030-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.00                                                                         | CUSIP: 3140XJQY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1667478 | PA      | $1493423.58   | 0.36%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 2.50                                                                         | CUSIP: 3140XKAQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    730381 | PA      | $628164.89    | 0.15%             | 2052-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 3.50                                                                         | CUSIP: 3140XKZH6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1378010 | PA      | $1293071.79   | 0.31%             | 2052-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.50                                                                         | CUSIP: 3140XMAY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    539101 | PA      | $529958.46    | 0.13%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 2.50                                                                         | CUSIP: 3140XMY42<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    877973 | PA      | $747544.52    | 0.18%             | 2052-07-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 5.50                                                                         | CUSIP: 3140XNVZ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   2808003 | PA      | $2857260.25   | 0.69%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.50                                                                         | CUSIP: 31412PG47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     90076 | PA      | $90904.24     | 0.02%             | 2039-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.00                                                                         | CUSIP: 31413H2Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     86625 | PA      | $91668.46     | 0.02%             | 2037-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.00                                                                         | CUSIP: 31413YQ61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     78255 | PA      | $82810.88     | 0.02%             | 2037-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 6.00                                                                         | CUSIP: 31415P4G0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |     85106 | PA      | $88181.17     | 0.02%             | 2033-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.50                                                                         | CUSIP: 31416CEZ5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    259517 | PA      | $261901.62    | 0.06%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 4.50                                                                         | CUSIP: 31417MTD5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    420560 | PA      | $424426.17    | 0.10%             | 2039-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                          | Petroleos Mexicanos 5.95 01/28/2031                                                          | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   2595000 | PA      | $2513172.77   | 0.60%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                            | Piedmont Operating Partnership LP 6.88 07/15/2029                                            | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |     91000 | PA      | $96705.15     | 0.02%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 2.50                                                                         | CUSIP: 31418DQH8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |    553760 | PA      | $474042.83    | 0.11%             | 2050-06-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                              | Fannie Mae Pool 5.50                                                                         | CUSIP: 31418EJ84<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGA              | US        |   1377056 | PA      | $1402805.48   | 0.34%             | 2052-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Solstice Advanced Materials Inc                                              | Solstice Advanced Materials Inc 5.63 09/30/2033                                              | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |    476000 | PA      | $480481.11    | 0.12%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Southern Co/The                                                              | Southern Co/The 4.00 01/15/2051                                                              | CUSIP: 842587DF1<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    331000 | PA      | $332064.33    | 0.08%             | 2051-01-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Flowers Foods Inc                                                            | Flowers Foods Inc 5.75 03/15/2035                                                            | CUSIP: 343498AD3<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | DBT              | CORP              | US        |    240000 | PA      | $241151.37    | 0.06%             | 2035-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                              | Foothill-Eastern Transportation Corridor Agency 4.09% 01/15/2049                             | CUSIP: 345105JE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    387000 | PA      | $316590.38    | 0.08%             | 2049-01-15      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Southern Co Gas Capital Corp                                                 | Southern Co Gas Capital Corp 5.10 09/15/2035                                                 | CUSIP: 8426EPAK4<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |    428000 | PA      | $432448.30    | 0.10%             | 2035-09-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Southwest Airlines Co                                                        | Southwest Airlines Co 4.38 11/15/2028                                                        | CUSIP: 844741BL1<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |    570000 | PA      | $571332.95    | 0.14%             | 2028-11-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corp                                                  | American Honda Finance Corp 4.95 01/09/2026                                                  | CUSIP: 02665WEY3<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | CA        |    520000 | PA      | $520096.12    | 0.12%             | 2026-01-09      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                                                          | American Tower Corp 5.35 03/15/2035                                                          | CUSIP: 03027XCP3<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    326000 | PA      | $334369.12    | 0.08%             | 2035-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| TEGNA Inc                                                                    | TEGNA Inc 4.63 03/15/2028                                                                    | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    840000 | PA      | $831948.85    | 0.20%             | 2028-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                        | Tenet Healthcare Corp 6.13 10/01/2028                                                        | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    132000 | PA      | $132670.82    | 0.03%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Piedmont Operating Partnership LP                                            | Piedmont Operating Partnership LP 5.63 01/15/2033                                            | CUSIP: 720198AK6<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |    860000 | PA      | $869267.05    | 0.21%             | 2033-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Plains All American Pipeline LP / PAA Finance Corp                           | Plains All American Pipeline LP / PAA Finance Corp 5.60 01/15/2036                           | CUSIP: 72650RBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    308000 | PA      | $311739.30    | 0.07%             | 2036-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                     | Ford Motor Credit Co LLC 7.20 06/10/2030                                                     | CUSIP: 345397D42<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    550000 | PA      | $589947.75    | 0.14%             | 2030-06-10      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                     | Ford Motor Credit Co LLC 6.05 11/05/2031                                                     | CUSIP: 345397G31<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    710000 | PA      | $728289.52    | 0.17%             | 2031-11-05      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                        | Foundry JV Holdco LLC 5.88 01/25/2034                                                        | CUSIP: 350930AA1<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    240000 | PA      | $246697.40    | 0.06%             | 2034-01-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                        | Foundry JV Holdco LLC 6.25 01/25/2035                                                        | CUSIP: 350930AD5<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    475000 | PA      | $504199.18    | 0.12%             | 2035-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas Natural Gas Securitization Finance Corp                                | Texas Natural Gas Securitization Finance Corp 5.17% 04/01/2041                               | CUSIP: 88258MAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $469590.13    | 0.11%             | 2041-04-01      | Fixed         | 5.17%                 | No            |                  2 | On Loan: No      |
| Textron Inc                                                                  | Textron Inc 4.95 03/15/2036                                                                  | CUSIP: 883203CF6<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | DBT              | CORP              | US        |    271000 | PA      | $269142.76    | 0.06%             | 2036-03-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                      | Port Authority of New York & New Jersey 4.93% 10/01/2051                                     | CUSIP: 73358WEK6<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    150000 | PA      | $139886.39    | 0.03%             | 2051-10-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| PRIO Luxembourg Holding Sarl                                                 | PRIO Luxembourg Holding Sarl 6.75 10/15/2030                                                 | CUSIP: 74259PAA5<br>LEI: 2221003VQP4JY7T31H94 | Long             | DBT              | CORP              | LU        |    299000 | PA      | $292378.70    | 0.07%             | 2030-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                        | Foundry JV Holdco LLC 5.50 01/25/2031                                                        | CUSIP: 350930AF0<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    700000 | PA      | $723005.79    | 0.17%             | 2031-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                        | Foundry JV Holdco LLC 6.10 01/25/2036                                                        | CUSIP: 350930AH6<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    300000 | PA      | $313978.52    | 0.08%             | 2036-01-25      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Amgen Inc                                                                    | Amgen Inc 5.65 03/02/2053                                                                    | CUSIP: 031162DT4<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    495000 | PA      | $485037.53    | 0.12%             | 2053-03-02      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp                                                                | Amphenol Corp 4.63 02/15/2036                                                                | CUSIP: 032095BA8<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    495000 | PA      | $485153.63    | 0.12%             | 2036-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                                        | Foundry JV Holdco LLC 6.30 01/25/2039                                                        | CUSIP: 350930AK9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    597000 | PA      | $630634.24    | 0.15%             | 2039-01-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                | Freedom Mortgage Holdings LLC 9.25 02/01/2029                                                | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1023143.54   | 0.25%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2024-1                                      | Provident Funding Mortgage Trust 2024-1 5.50                                                 | CUSIP: 74389BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1243954 | PA      | $1251335.05   | 0.30%             | 2054-12-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Provident Funding Mortgage Trust 2025-2                                      | Provident Funding Mortgage Trust 2025-2 5.50                                                 | CUSIP: 74389DAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1106903 | PA      | $1114330.38   | 0.27%             | 2055-06-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                        | Quikrete Holdings Inc 6.38 03/01/2032                                                        | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    250000 | PA      | $260383.75    | 0.06%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                        | Quikrete Holdings Inc 6.75 03/01/2033                                                        | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    598000 | PA      | $624898.74    | 0.15%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust 2024-3                                              | Angel Oak Mortgage Trust 2024-3 4.80                                                         | CUSIP: 03466HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    388830 | PA      | $388301.66    | 0.09%             | 2068-11-26      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Antares Holdings LP                                                          | Antares Holdings LP 6.35 10/23/2029                                                          | CUSIP: 03666HAH4<br>LEI: 5493008EAIGV4283RM42 | Long             | DBT              | CORP              | CA        |    815000 | PA      | $832354.33    | 0.20%             | 2029-10-23      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                | Freedom Mortgage Holdings LLC 6.88 05/01/2031                                                | CUSIP: 35641AAE8<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    860000 | PA      | $860981.28    | 0.21%             | 2031-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Frontier Communications Holdings LLC                                         | Frontier Communications Holdings LLC 8.63 03/15/2031                                         | CUSIP: 35908MAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    932000 | PA      | $983738.12    | 0.24%             | 2031-03-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 3.50                                                                      | CUSIP: 36179ME30<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    354170 | PA      | $335127.73    | 0.08%             | 2042-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 3.00                                                                      | CUSIP: 36179VMD9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    473773 | PA      | $426845.21    | 0.10%             | 2050-05-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 3.00                                                                      | CUSIP: 36179VQT0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    904678 | PA      | $815818.83    | 0.20%             | 2050-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 3.50                                                                      | CUSIP: 36179WG51<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    923159 | PA      | $853737.10    | 0.20%             | 2051-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Antero Resources Corp                                                        | Antero Resources Corp 7.63 02/01/2029                                                        | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    323000 | PA      | $329106.64    | 0.08%             | 2029-02-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 3.00                                                                      | CUSIP: 36179WJS8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1985382 | PA      | $1787486.68   | 0.43%             | 2051-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 4.00                                                                      | CUSIP: 36179XFG6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3337957 | PA      | $3181577.81   | 0.76%             | 2052-09-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION                                     | Ginnie Mae II Pool 4.50                                                                      | CUSIP: 36179XFH4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3174556 | PA      | $3117348.50   | 0.75%             | 2052-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Hyatt Hotels Corp                                                            | Hyatt Hotels Corp 5.75 03/30/2032                                                            | CUSIP: 448579AV4<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |    166000 | PA      | $174006.82    | 0.04%             | 2032-03-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Repsol E&P Capital Markets US LLC                                            | Repsol E&P Capital Markets US LLC 5.20 09/16/2030                                            | CUSIP: 76026AAB3<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |    435000 | PA      | $441370.55    | 0.11%             | 2030-09-16      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Repsol E&P Capital Markets US LLC                                            | Repsol E&P Capital Markets US LLC 5.98 09/16/2035                                            | CUSIP: 76026AAC1<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |    206000 | PA      | $210179.15    | 0.05%             | 2035-09-16      | Fixed         | 5.98%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                                                      | Hyundai Capital America 6.50 01/16/2029                                                      | CUSIP: 44891ACR6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    108000 | PA      | $114449.70    | 0.03%             | 2029-01-16      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Icon Investments Six DAC                                                     | Icon Investments Six DAC 6.00 05/08/2034                                                     | CUSIP: 45115AAC8<br>LEI: 635400FQ1M7J2CHLAS59 | Long             | DBT              | CORP              | IE        |    258000 | PA      | $272962.01    | 0.07%             | 2034-05-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ING Groep NV                                                                 | ING Groep NV (pfd) 5.75% 11/16/2174 Perpetual                                                | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EP               | CORP              | NL        |   1045000 | NS      | $1050748.55   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Intel Corp                                                                   | Intel Corp 5.15 02/21/2034                                                                   | CUSIP: 458140CL2<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    310000 | PA      | $313999.68    | 0.08%             | 2034-02-21      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Intel Corp                                                                   | Intel Corp 5.60 02/21/2054                                                                   | CUSIP: 458140CM0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    232000 | PA      | $214333.07    | 0.05%             | 2054-02-21      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Brightstar Lottery PLC                                                       | Brightstar Lottery PLC 5.25 01/15/2029                                                       | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    875000 | PA      | $876093.05    | 0.21%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                          | Intesa Sanpaolo SpA 4.20 06/01/2032                                                          | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    460000 | PA      | $439124.05    | 0.11%             | 2032-06-01      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                          | Intesa Sanpaolo SpA 4.95 06/01/2042                                                          | CUSIP: 46115HBS5<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    310000 | PA      | $264621.84    | 0.06%             | 2042-06-01      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                                    | IQVIA Inc 5.00 05/15/2027                                                                    | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    650000 | PA      | $650306.41    | 0.16%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                                    | IQVIA Inc 6.25 02/01/2029                                                                    | CUSIP: 46266TAF5<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    411000 | PA      | $433489.22    | 0.10%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                                                     | JP Morgan Mortgage Trust 5.50                                                                | CUSIP: 46593VAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    808127 | PA      | $811771.17    | 0.19%             | 2055-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2025-7MPR                                    | JP Morgan Mortgage Trust Series 2025-7MPR 5.85                                               | CUSIP: 46594CAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    632704 | PA      | $635104.44    | 0.15%             | 2056-02-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2005-S2                                             | JP Morgan Mortgage Trust 2005-S2 7.17                                                        | CUSIP: 466247VM2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7654 | PA      | $7549.46      | 0.00%             | 2032-02-25      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                          | JPMorgan Chase & Co 5.77 04/22/2035                                                          | CUSIP: 46647PEH5<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    766000 | PA      | $816702.81    | 0.20%             | 2035-04-22      | Variable      | 5.77%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                          | JPMorgan Chase & Co 5.29 07/22/2035                                                          | CUSIP: 46647PEK8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    230000 | PA      | $237368.19    | 0.06%             | 2035-07-22      | Variable      | 5.29%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                          | JPMorgan Chase & Co 5.10 04/22/2031                                                          | CUSIP: 46647PEY8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    633000 | PA      | $653827.90    | 0.16%             | 2031-04-22      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Rio Tinto Finance USA PLC                                                    | Rio Tinto Finance USA PLC 5.75 03/14/2055                                                    | CUSIP: 76720AAV8<br>LEI: 2138006TSNBEUA761G16 | Long             | DBT              | CORP              | GB        |    271000 | PA      | $276671.88    | 0.07%             | 2055-03-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Rocket Cos Inc                                                               | Rocket Cos Inc 6.13 08/01/2030                                                               | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $320618.78    | 0.08%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2024-6                                       | JP Morgan Mortgage Trust Series 2024-6 6.00                                                  | CUSIP: 46657YAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    204433 | PA      | $204598.81    | 0.05%             | 2054-12-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Mortgage Trust 2024-10                                           | J.P. Morgan Mortgage Trust 2024-10 5.50                                                      | CUSIP: 46658LAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    672190 | PA      | $675401.71    | 0.16%             | 2055-03-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust 2024-12                                             | JP Morgan Mortgage Trust 2024-12 6.00                                                        | CUSIP: 46658TAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1524555 | PA      | $1537189.43   | 0.37%             | 2055-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2025-CES7                                    | JP Morgan Mortgage Trust Series 2025-CES7 5.06                                               | CUSIP: 46660GAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    775000 | PA      | $774985.59    | 0.19%             | 2056-04-25      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| EFMT 2024-CES1                                                               | EFMT 2024-CES1 5.80                                                                          | CUSIP: 281907AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    906000 | PA      | $917922.96    | 0.22%             | 2060-01-26      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust Series 2025-11                                      | JP Morgan Mortgage Trust Series 2025-11 5.50                                                 | CUSIP: 46662QAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1585000 | PA      | $1593596.53   | 0.38%             | 2056-05-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Jamestown CLO Ltd                                                            | Jamestown CLO XIV Ltd 5.63                                                                   | CUSIP: 47048XBJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1820000 | PA      | $1822917.10   | 0.44%             | 2034-10-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Rocket Cos Inc                                                               | Rocket Cos Inc 6.38 08/01/2033                                                               | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $360134.81    | 0.09%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd                                                  | Royal Caribbean Cruises Ltd 6.00 02/01/2033                                                  | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |    340000 | PA      | $349467.52    | 0.08%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEB Funding LLC                                                              | SEB Funding LLC 7.39                                                                         | CUSIP: 78433DAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1214000 | PA      | $1243086.35   | 0.30%             | 2054-04-30      | Fixed         | 7.39%                 | No            |                  2 | On Loan: No      |
| Stonepeak 2021-1 ABS                                                         | Stonepeak 2021-1 ABS 2.30                                                                    | CUSIP: 78433XAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    221977 | PA      | $216802.00    | 0.05%             | 2033-02-28      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                                 | SM Energy Co 6.75 09/15/2026                                                                 | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    468000 | PA      | $470406.92    | 0.11%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Sofi Mortgage Trust 2016-1                                                   | Sofi Mortgage Trust 2016-1 3.00                                                              | CUSIP: 78471KAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     67217 | PA      | $60613.25     | 0.01%             | 2046-11-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Saavi Energia Sarl                                                           | Saavi Energia Sarl 8.88 02/10/2035                                                           | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |    570000 | PA      | $618906.00    | 0.15%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Santander Mortgage Asset Receivable Trust 2025-Ces1                          | Santander Mortgage Asset Receivable Trust 2025-Ces1 5.04                                     | CUSIP: 802650AB7<br>LEI: 254900WEZWXJLYHMU869 | Long             | ABS-MBS          | CORP              | US        |   1929683 | PA      | $1932165.80   | 0.46%             | 2055-09-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| Emera Inc                                                                    | Emera Inc 6.75 06/15/2076                                                                    | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |   1024000 | PA      | $1032941.57   | 0.25%             | 2076-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc                                                                 | Enbridge Inc 6.00 01/15/2077                                                                 | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1020000 | PA      | $1025814.00   | 0.25%             | 2077-01-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| JetBlue Airways Corp / JetBlue Loyalty LP                                    | JetBlue Airways Corp / JetBlue Loyalty LP 9.88 09/20/2031                                    | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $357959.35    | 0.09%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co                                                          | JPMorgan Chase & Co (pfd) 3.65% 09/01/2174 Perpetual                                         | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    407000 | NS      | $404958.85    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                | TransDigm Inc 4.63 01/15/2029                                                                | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    195000 | PA      | $193876.86    | 0.05%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                | TransDigm Inc 4.88 05/01/2029                                                                | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    635000 | PA      | $633893.20    | 0.15%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                           | Energy Transfer LP 6.13 12/15/2045                                                           | CUSIP: 29273RBJ7<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    380000 | PA      | $373392.81    | 0.09%             | 2045-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                           | Energy Transfer LP (pfd) 6.25% 02/15/2174 Perpetual                                          | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |    590000 | NS      | $589704.76    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                           | Energy Transfer LP (pfd) 6.50% 11/15/2174 Perpetual                                          | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |   1025000 | NS      | $1033844.73   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                                           | Energy Transfer LP 6.55 12/01/2033                                                           | CUSIP: 29273VAU4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    648000 | PA      | $710524.78    | 0.17%             | 2033-12-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Trust 2401                                                                   | Trust 2401 4.87 01/15/2030                                                                   | CUSIP: 89834MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    214000 | PA      | $210931.24    | 0.05%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Trust 2401                                                                   | Trust 2401 7.70 01/23/2032                                                                   | CUSIP: 89834MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    608000 | PA      | $673165.44    | 0.16%             | 2032-01-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                 | UBS Group AG (pfd) 9.25% 05/13/2174 Perpetual                                                | CUSIP: 902613BF4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EP               | CORP              | CH        |   1550000 | NS      | $1705308.45   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS Commercial Mortgage Trust 2018-C15                                       | UBS Commercial Mortgage Trust 2018-C15 5.14                                                  | CUSIP: 90278LAC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $220422.14    | 0.05%             | 2051-12-15      | Variable      | 5.14%                 | No            |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                  | K Hovnanian Enterprises Inc 8.38 10/01/2033                                                  | CUSIP: 48251UAQ1<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35597.08     | 0.01%             | 2033-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| KAISER FDTN HOSPITALS                                                        | Kaiser Foundation Hospitals 3.00 06/01/2051                                                  | CUSIP: 48305QAG8<br>LEI: DW4Z57L3G4IRMHYZYK62 | Long             | DBT              | CORP              | US        |    255000 | PA      | $167331.51    | 0.04%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UWM Holdings LLC                                                             | UWM Holdings LLC 6.25 03/15/2031                                                             | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    348000 | PA      | $347612.25    | 0.08%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                             | Paramount Global 6.25 02/28/2057                                                             | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    394000 | PA      | $355338.75    | 0.09%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Enerflex Inc                                                                 | Enerflex Inc 6.88 01/15/2031                                                                 | CUSIP: 29281WAA6<br>LEI: 549300SQCOV1LC1GBK07 | Long             | DBT              | CORP              | US        |    197000 | PA      | $201519.55    | 0.05%             | 2031-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                                            | Enterprise Products Operating LLC 5.20 01/15/2036                                            | CUSIP: 29379VCL5<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    193000 | PA      | $196584.67    | 0.05%             | 2036-01-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BAPTIST HOSP INC OBLIG GP                                                    | Escambia County Health Facilities Authority 3.61% 08/15/2040                                 | CUSIP: 296110GG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $86988.78     | 0.02%             | 2040-08-15      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| Essent Group Ltd                                                             | Essent Group Ltd 6.25 07/01/2029                                                             | CUSIP: 29669JAA7<br>LEI: 254900QUO860OUT6ZF83 | Long             | DBT              | CORP              | BM        |    975000 | PA      | $1018345.33   | 0.24%             | 2029-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Essex Portfolio LP                                                           | Essex Portfolio LP 4.88 02/15/2036                                                           | CUSIP: 29717PBD8<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |    535000 | PA      | $524639.75    | 0.13%             | 2036-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EUSHI Finance Inc                                                            | EUSHI Finance Inc 6.25 04/01/2056                                                            | CUSIP: 29882DAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    402000 | PA      | $402904.22    | 0.10%             | 2056-04-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc/AAdvantage Loyalty IP Ltd                              | American Airlines Inc/AAdvantage Loyalty IP Ltd 5.50 04/20/2026                              | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |        49 | PA      | $48.94        | 0.00%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| F&G Annuities & Life Inc                                                     | F&G Annuities & Life Inc 6.50 06/04/2029                                                     | CUSIP: 30190AAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $151265.77    | 0.04%             | 2029-06-04      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                           | Meta Platforms Inc 5.50 11/15/2045                                                           | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    225000 | PA      | $218615.45    | 0.05%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Acadia Healthcare Co Inc                                                     | Acadia Healthcare Co Inc 5.00 04/15/2029                                                     | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    640000 | PA      | $616957.50    | 0.15%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc                                                       | Advance Auto Parts Inc 7.00 08/01/2030                                                       | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     38000 | PA      | $38348.46     | 0.01%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KB Home                                                                      | KB Home 4.80 11/15/2029                                                                      | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    673000 | PA      | $670900.58    | 0.16%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Kentucky Utilities Co                                                        | Kentucky Utilities Co 5.85 08/15/2055                                                        | CUSIP: 491674BP1<br>LEI: AGX0G2MXE54NFNNICD28 | Long             | DBT              | CORP              | US        |    296000 | PA      | $298683.87    | 0.07%             | 2055-08-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                           | Meta Platforms Inc 5.75 11/15/2065                                                           | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    330000 | PA      | $315050.92    | 0.08%             | 2065-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                           | Meta Platforms Inc 4.60 11/15/2032                                                           | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    685000 | PA      | $690704.35    | 0.17%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP / VICI Note Co Inc                                        | VICI Properties LP / VICI Note Co Inc 4.13 08/15/2030                                        | CUSIP: 92564RAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    452000 | PA      | $438524.13    | 0.11%             | 2030-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                           | Expand Energy Corp 6.75 04/15/2029                                                           | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    124000 | PA      | $124737.71    | 0.03%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc                                                         | WEC Energy Group Inc 5.60 09/12/2026                                                         | CUSIP: 92939UAM8<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |    153000 | PA      | $154577.15    | 0.04%             | 2026-09-12      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| CME Ultra Long Term US Treasury                                              | US ULTRA BOND CBT Mar26                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |       165 | NC      | $-316618.19   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 2 Year US Treasury Note                                                 | US 2YR NOTE (CBT) Mar26                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        -1 | NC      | $41.95        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOT 10 Year Ultra US Treasury Note                                          | US 10yr Ultra Fut Mar26                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | UST               | US        |        41 | NC      | $-2033.09     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty LP                                                             | Kilroy Realty LP 3.05 02/15/2030                                                             | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    235000 | PA      | $218838.13    | 0.05%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                                                             | Kilroy Realty LP 2.50 11/15/2032                                                             | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |    315000 | PA      | $263227.23    | 0.06%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| LONG GILT FUTURE                                                             | LONG GILT FUTURE  Mar26                                                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | NUSS              | GB        |        30 | NC      | $27257.62     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyndryl Holdings Inc                                                         | Kyndryl Holdings Inc 3.15 10/15/2031                                                         | CUSIP: 50155QAL4<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |    460000 | PA      | $420097.05    | 0.10%             | 2031-10-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| LPL Holdings Inc                                                             | LPL Holdings Inc 5.15 06/15/2030                                                             | CUSIP: 50212YAP9<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    405000 | PA      | $413233.22    | 0.10%             | 2030-06-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp           | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 4.75 06/15/2029           | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    540000 | PA      | $534416.29    | 0.13%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp           | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7.00 07/15/2031           | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1543715.72   | 0.37%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lamar Media Corp                                                             | Lamar Media Corp 3.75 02/15/2028                                                             | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    555000 | PA      | $546747.87    | 0.13%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                                                     | Liberty Mutual Group Inc 4.13 12/15/2051                                                     | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    500000 | PA      | $493125.96    | 0.12%             | 2051-12-15      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Lincoln National Corp                                                        | Lincoln National Corp 7.00 06/15/2040                                                        | CUSIP: 534187BA6<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    275000 | PA      | $309515.92    | 0.07%             | 2040-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos Inc                                                               | Lowe's Cos Inc 4.50 10/15/2032                                                               | CUSIP: 548661EW3<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    450000 | PA      | $447699.80    | 0.11%             | 2032-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Santos Finance Ltd                                                           | Santos Finance Ltd 5.75 11/13/2035                                                           | CUSIP: 803014AC3<br>LEI: 213800BKUBSWG53XNS94 | Long             | DBT              | CORP              | AU        |    244000 | PA      | $242782.64    | 0.06%             | 2035-11-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                      | Charles Schwab Corp/The (pfd) 4.00% 06/01/2174 Perpetual                                     | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |   1693000 | NS      | $1683695.54   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                           | Meta Platforms Inc 4.88 11/15/2035                                                           | CUSIP: 30303MAD4<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    470000 | PA      | $469552.39    | 0.11%             | 2035-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Meta Platforms Inc                                                           | Meta Platforms Inc 5.63 11/15/2055                                                           | CUSIP: 30303MAE2<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    635000 | PA      | $609935.51    | 0.15%             | 2055-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Light & Wonder International Inc                                             | Light & Wonder International Inc 7.25 11/15/2029                                             | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    555000 | PA      | $570313.14    | 0.14%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                       | Sempra 3.25 06/15/2027                                                                       | CUSIP: 816851BA6<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    347000 | PA      | $342904.80    | 0.08%             | 2027-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Sempra                                                                       | Sempra 4.13 04/01/2052                                                                       | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   1062000 | PA      | $1044564.08   | 0.25%             | 2052-04-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2025-11                                               | Sequoia Mortgage Trust 2025-11 5.00                                                          | CUSIP: 816950AE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1994055 | PA      | $1992614.46   | 0.48%             | 2055-11-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-6                                                | Sequoia Mortgage Trust 2024-6 6.00                                                           | CUSIP: 81743DAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    858361 | PA      | $863131.18    | 0.21%             | 2054-07-27      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-2                                                | Sequoia Mortgage Trust 2024-2 6.00                                                           | CUSIP: 81749HAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    885343 | PA      | $893985.48    | 0.21%             | 2054-03-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                               | Sequoia Mortgage Trust 2024-10 5.50                                                          | CUSIP: 81749QAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    396105 | PA      | $398104.14    | 0.10%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2024-10                                               | Sequoia Mortgage Trust 2024-10 5.50                                                          | CUSIP: 81749QAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243050 | PA      | $243418.97    | 0.06%             | 2054-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Lyra Music Assets Delaware LP                                                | Lyra Music Assets Delaware LP 5.76                                                           | CUSIP: 552339AA1<br>LEI: 9845007N9EAB0C048A12 | Long             | ABS-MBS          | CORP              | US        |   1394653 | PA      | $1412669.56   | 0.34%             | 2064-12-22      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| Lyra Music Assets Delaware LP                                                | Lyra Music Assets Delaware LP 5.60                                                           | CUSIP: 552339AD5<br>LEI: 9845007N9EAB0C048A12 | Long             | ABS-MBS          | CORP              | US        |    738152 | PA      | $745082.96    | 0.18%             | 2065-09-20      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Shell Finance US Inc                                                         | Shell Finance US Inc 4.38 05/11/2045                                                         | CUSIP: 822905AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $177124.67    | 0.04%             | 2045-05-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Siemens Financieringsmaatschappij NV                                         | Siemens Financieringsmaatschappij NV 1.20 03/11/2026                                         | CUSIP: 82620KAZ6<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $398032.49    | 0.10%             | 2026-03-11      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio LLC                                                          | Sirius XM Radio LLC 4.00 07/15/2028                                                          | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1062026.32   | 0.25%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio LLC                                                          | Sirius XM Radio LLC 3.13 09/01/2026                                                          | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    415000 | PA      | $412637.82    | 0.10%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Snam SpA                                                                     | Snam SpA 6.50 05/28/2055                                                                     | CUSIP: 83304JAC1<br>LEI: 8156002278562044AF79 | Long             | DBT              | CORP              | IT        |    417000 | PA      | $448592.18    | 0.11%             | 2055-05-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                          | Societe Generale SA (pfd) 4.75% 11/26/2174 Perpetual                                         | CUSIP: 83370RAB4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    209000 | NS      | $208490.14    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                          | Societe Generale SA (pfd) 9.38% 05/22/2174 Perpetual                                         | CUSIP: 83370RAC2<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |   1560000 | NS      | $1667580.72   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                          | Societe Generale SA (pfd) 10.00% 05/14/2174 Perpetual                                        | CUSIP: 83371GAA9<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    380000 | NS      | $422657.28    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                           | Expand Energy Corp 5.38 03/15/2030                                                           | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    842000 | PA      | $853600.72    | 0.20%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Spire Inc                                                                    | Spire Inc 6.25 06/01/2056                                                                    | CUSIP: 84857LAD3<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |    620000 | PA      | $617902.21    | 0.15%             | 2056-06-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                                                          | Sprint Capital Corp 6.88 11/15/2028                                                          | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    247000 | PA      | $265148.64    | 0.06%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions Inc                                              | Standard Building Solutions Inc 6.50 08/15/2032                                              | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82419.68     | 0.02%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc                                                                | CoreWeave Inc 9.25 06/01/2030                                                                | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    806000 | PA      | $750230.93    | 0.18%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Ginnie Mae                                                                   | G2SF 5 1/26 MBS 30yr                                                                         | CUSIP: 21H050615<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1938000 | PA      | $1933873.61   | 0.46%             | 2055-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MFA 2023-NQM3 Trust                                                          | MFA 2023-NQM3 Trust 6.62                                                                     | CUSIP: 55286MAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1040140 | PA      | $1046537.27   | 0.25%             | 2068-07-25      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| MFA 2024-NQM1 Trust                                                          | MFA 2024-NQM1 Trust 6.58                                                                     | CUSIP: 55286VAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    173027 | PA      | $175572.16    | 0.04%             | 2069-03-25      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| MFA 2024-NQM1 Trust                                                          | MFA 2024-NQM1 Trust 6.83                                                                     | CUSIP: 55286VAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560607 | PA      | $568582.69    | 0.14%             | 2069-03-25      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| MP 2023 LLC                                                                  | MP 2023 LLC 5.55                                                                             | CUSIP: 553427AB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1421276 | PA      | $1424563.91   | 0.34%             | 2065-11-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC         | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC 5.60 01/15/2031         | CUSIP: 22207AAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    620000 | PA      | $626225.30    | 0.15%             | 2031-01-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Eagle Materials Inc                                                          | Eagle Materials Inc 5.00 03/15/2036                                                          | CUSIP: 26969PAC2<br>LEI: 529900KRXRGXL61SG039 | Long             | DBT              | CORP              | US        |    449000 | PA      | $440071.42    | 0.11%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Macquarie Bank Ltd/London                                                    | Macquarie Bank Ltd/London (pfd) 6.13% 09/08/2174 Perpetual                                   | CUSIP: 556079AB7<br>LEI: 549300MPRNPO6FWNKN78 | Long             | EP               | CORP              | GB        |    651000 | NS      | $662570.22    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Magallanes Inc                                                               | Warnermedia Holdings Inc 3.76 03/15/2027                                                     | CUSIP: 55903VBA0<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    500000 | PA      | $494375.00    | 0.12%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Eagle RE 2023-1 Ltd                                                          | Eagle RE 2023-1 Ltd 5.87                                                                     | CUSIP: 26982EAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    132234 | PA      | $132435.90    | 0.03%             | 2033-09-26      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Eastern Energy Gas Holdings LL                                               | Eastern Energy Gas Holdings LLC 5.65 10/15/2054                                              | CUSIP: 27636AAA0<br>LEI: 549300BFOD6TDMVV4O24 | Long             | DBT              | CORP              | US        |    153000 | PA      | $148132.47    | 0.04%             | 2054-10-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                     | Mars Inc 5.65 05/01/2045                                                                     | CUSIP: 571676BB0<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    350000 | PA      | $353008.85    | 0.08%             | 2045-05-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Mars Inc                                                                     | Mars Inc 5.70 05/01/2055                                                                     | CUSIP: 571676BC8<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199368.03    | 0.05%             | 2055-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                                 | Ecopetrol SA 7.75 02/01/2032                                                                 | CUSIP: 279158AW9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    640000 | PA      | $659462.40    | 0.16%             | 2032-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| FS Commercial Mortgage Trust 2023-4SZN                                       | FS Commercial Mortgage Trust 2023-4SZN 7.07                                                  | CUSIP: 30334RAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    860000 | PA      | $875875.60    | 0.21%             | 2039-11-10      | Fixed         | 7.07%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                       | Standard Chartered PLC (pfd) 7.75% 02/15/2174 Perpetual                                      | CUSIP: 853254CM0<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EP               | CORP              | GB        |    280000 | NS      | $291702.32    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Industries Inc/NY                                                   | Standard Industries Inc/NY 4.38 07/15/2030                                                   | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    574000 | PA      | $554131.20    | 0.13%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LELAND STANFORD JR UNIV                                                      | Leland Stanford Junior University/The 4.68 03/01/2035                                        | CUSIP: 85440KAE4<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75745.36     | 0.02%             | 2035-03-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Sumter Landing Community Development District                                | Sumter Landing Community Development District 5.57% 10/01/2040                               | CUSIP: 86657MCH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67402.00     | 0.02%             | 2040-10-01      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Sumter Landing Community Development District                                | Sumter Landing Community Development District 5.74% 10/01/2045                               | CUSIP: 86657MCJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102418.04    | 0.02%             | 2045-10-01      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| Sumter Landing Community Development District                                | Sumter Landing Community Development District 5.82% 10/01/2054                               | CUSIP: 86657MCK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $187384.58    | 0.04%             | 2054-10-01      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| Massachusetts Institute of Technology                                        | Massachusetts Institute of Technology 5.62 06/01/2055                                        | CUSIP: 575718AK7<br>LEI: DLZO3A31IADZ27B62557 | Long             | DBT              | CORP              | US        |     95000 | PA      | $97713.77     | 0.02%             | 2055-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Matador Resources Co                                                         | Matador Resources Co 6.50 04/15/2032                                                         | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    275000 | PA      | $279074.10    | 0.07%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Gold Pool                                                        | Freddie Mac Gold Pool 6.00                                                                   | CUSIP: 3128LXDC1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |    105685 | PA      | $110282.69    | 0.03%             | 2035-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Gold Pool                                                        | Freddie Mac Gold Pool 6.00                                                                   | CUSIP: 3128M5YL8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGA              | US        |     55597 | PA      | $58884.03     | 0.01%             | 2038-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                    | Sunoco LP 7.00 05/01/2029                                                                    | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    289000 | PA      | $301586.24    | 0.07%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                    | Sunoco LP (pfd) 7.88% 03/18/2174 Perpetual                                                   | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | EP               | CORP              | US        |    419000 | NS      | $430748.76    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                    | Sunoco LP 5.88 03/15/2034                                                                    | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    410000 | PA      | $410156.42    | 0.10%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings Inc                                                  | Surgery Center Holdings Inc 7.25 04/15/2032                                                  | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    178000 | PA      | $180263.86    | 0.04%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP/Medline Co-Issuer Inc                                    | Medline Borrower LP/Medline Co-Issuer Inc 6.25 04/01/2029                                    | CUSIP: 58506DAA6<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1195438.04   | 0.29%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                               | Merck & Co Inc 5.70 09/15/2055                                                               | CUSIP: 58933YBT1<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    287000 | PA      | $290231.75    | 0.07%             | 2055-09-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                                                               | Merck & Co Inc 4.75 12/04/2035                                                               | CUSIP: 58933YBZ7<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | DBT              | CORP              | US        |    367000 | PA      | $365771.46    | 0.09%             | 2035-12-04      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                  | MetLife Inc 6.40 12/15/2066                                                                  | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    590000 | PA      | $619344.94    | 0.15%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Lowe's Cos Inc                                                               | Lowe's Cos Inc 4.85 10/15/2035                                                               | CUSIP: 548661EX1<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |    675000 | PA      | $669785.21    | 0.16%             | 2035-10-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                                                        | Micron Technology Inc 5.30 01/15/2031                                                        | CUSIP: 595112CD3<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    710000 | PA      | $736235.80    | 0.18%             | 2031-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MetLife Inc                                                                  | MetLife Inc 10.75 08/01/2069                                                                 | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    390000 | PA      | $521871.09    | 0.13%             | 2069-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Metropolitan St Louis Sewer District                                         | Metropolitan St Louis Sewer District 3.26% 05/01/2045                                        | CUSIP: 592481LV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $198875.90    | 0.05%             | 2045-05-01      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| FLINT WATER ADVOCACY FUND                                                    | Michigan Strategic Fund 3.23% 09/01/2047                                                     | CUSIP: 594698SJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $445360.08    | 0.11%             | 2047-09-01      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                               | Morgan Stanley 5.83 04/19/2035                                                               | CUSIP: 61747YFR1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    160000 | PA      | $170090.64    | 0.04%             | 2035-04-19      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| MidAmerican Energy Co                                                        | MidAmerican Energy Co 5.85 09/15/2054                                                        | CUSIP: 595620AY1<br>LEI: NINLOILYRTLIMK26MZ18 | Long             | DBT              | CORP              | US        |   1092000 | PA      | $1128278.02   | 0.27%             | 2054-09-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                                 | Missouri Highway & Transportation Commission 5.45% 05/01/2033                                | CUSIP: 60636WNU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51311.48     | 0.01%             | 2033-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                               | Morgan Stanley 5.52 11/19/2055                                                               | CUSIP: 61747YFV2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    162000 | PA      | $160241.02    | 0.04%             | 2055-11-19      | Variable      | 5.52%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                               | Morgan Stanley 4.89 10/22/2036                                                               | CUSIP: 61748UAN2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    265000 | PA      | $262755.28    | 0.06%             | 2036-10-22      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| Switch ABS Issuer LLC                                                        | Switch ABS Issuer LLC 5.44                                                                   | CUSIP: 871044AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    575000 | PA      | $577041.25    | 0.14%             | 2054-06-25      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                                                                 | Synopsys Inc 5.00 04/01/2032                                                                 | CUSIP: 871607AD9<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    780000 | PA      | $797660.39    | 0.19%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinnacle Bank/Nashville TN                                                   | Pinnacle Bank/Nashville TN 5.96 01/15/2036                                                   | CUSIP: 87164DXY1<br>LEI: 549300CDOC4F7XSRG390 | Long             | DBT              | CORP              | US        |    705000 | PA      | $709139.76    | 0.17%             | 2036-01-15      | Variable      | 5.96%                 | No            |                  2 | On Loan: No      |
| THPT 2023-THL Mortgage Trust                                                 | THPT 2023-THL Mortgage Trust 7.67                                                            | CUSIP: 87252LAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    970000 | PA      | $981595.28    | 0.24%             | 2034-12-10      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2018-H3                                       | Morgan Stanley Capital I Trust 2018-H3 3.00                                                  | CUSIP: 61767YAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    289000 | PA      | $245047.12    | 0.06%             | 2051-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust 2020-L4                                       | Morgan Stanley Capital I Trust 2020-L4 2.50                                                  | CUSIP: 61770KAE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    628000 | PA      | $479076.58    | 0.11%             | 2053-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Residential Mortgage Loan Trust 2023-2                        | Morgan Stanley Residential Mortgage Loan Trust 2023-2 6.00                                   | CUSIP: 61775JAF0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1467974 | PA      | $1475468.00   | 0.35%             | 2053-06-25      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                                               | Morgan Stanley Private Bank NA 4.73 07/18/2031                                               | CUSIP: 61776NVG5<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    270000 | PA      | $273753.86    | 0.07%             | 2031-07-18      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA Inc                                                             | T-Mobile USA Inc 6.70 12/15/2033                                                             | CUSIP: 87264ADV4<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    517000 | PA      | $579816.99    | 0.14%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Time Warner Cable LLC                                                        | Time Warner Cable LLC 6.55 05/01/2037                                                        | CUSIP: 88732JAJ7<br>LEI: 549300U5NFR7S6E3GM41 | Long             | DBT              | CORP              | US        |    494000 | PA      | $504712.99    | 0.12%             | 2037-05-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Cox Communications Inc                                                       | Cox Communications Inc 5.70 06/15/2033                                                       | CUSIP: 224044CS4<br>LEI: 5493001NEDZNIFRP2R92 | Long             | DBT              | CORP              | US        |    310000 | PA      | $312829.18    | 0.08%             | 2033-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank/The                                                    | Toronto-Dominion Bank/The 8.13 10/31/2082                                                    | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    602000 | PA      | $635307.95    | 0.15%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust 2024-CES1                                          | Towd Point Mortgage Trust 2024-CES1 5.85                                                     | CUSIP: 89183CAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    685372 | PA      | $689605.57    | 0.17%             | 2064-01-25      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Private Bank NA                                               | Morgan Stanley Private Bank NA 4.47 11/19/2031                                               | CUSIP: 61776NZW6<br>LEI: 549300GS0W0TEUQS8571 | Long             | DBT              | CORP              | US        |    860000 | PA      | $862438.82    | 0.21%             | 2031-11-19      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| Mosaic Solar Loan Trust 2023-2                                               | Mosaic Solar Loan Trust 2023-2 5.36                                                          | CUSIP: 61945WAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    531270 | PA      | $512326.85    | 0.12%             | 2053-09-22      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| Mountain View Funding CLO                                                    | Mountain View CLO 2017-2 LLC 5.86                                                            | CUSIP: 62432LAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    121009 | PA      | $121093.50    | 0.03%             | 2031-01-16      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| NMI Holdings Inc                                                             | NMI Holdings Inc 6.00 08/15/2029                                                             | CUSIP: 629209AC1<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1010811.75   | 0.24%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CSAIL 2019-C15 Commercial Mortgage Trust                                     | CSAIL 2019-C15 Commercial Mortgage Trust 3.00                                                | CUSIP: 22945DAY9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    625000 | PA      | $515891.63    | 0.12%             | 2052-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                                           | CyrusOne Data Centers Issuer I LLC 4.76                                                      | CUSIP: 23284BAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1479737.85   | 0.36%             | 2049-03-22      | Fixed         | 4.76%                 | No            |                  2 | On Loan: No      |
| Nationwide Building Society                                                  | Nationwide Building Society 4.13 10/18/2032                                                  | CUSIP: 63859WAF6<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $248456.82    | 0.06%             | 2032-10-18      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| NatWest Group PLC                                                            | NatWest Group PLC 3.03 11/28/2035                                                            | CUSIP: 639057AB4<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    597000 | PA      | $549356.12    | 0.13%             | 2035-11-28      | Variable      | 3.03%                 | No            |                  2 | On Loan: No      |
| CyrusOne Data Centers Issuer I LLC                                           | CyrusOne Data Centers Issuer I LLC 0.00                                                      | CUSIP: 23284BAG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $732932.55    | 0.18%             | 2049-05-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                               | Morgan Stanley 6.63 11/01/2034                                                               | CUSIP: 61747YFJ9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    965000 | PA      | $1079422.74   | 0.26%             | 2034-11-01      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                                                                 | NiSource Inc 5.35 07/15/2035                                                                 | CUSIP: 65473PAX3<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    400000 | PA      | $409130.22    | 0.10%             | 2035-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| New Economy Assets - Phase 1 Sponsor LLC                                     | New Economy Assets - Phase 1 Sponsor LLC 2.41                                                | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1700000 | PA      | $1068522.25   | 0.26%             | 2061-10-20      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TURNPIKE                                                          | New Jersey Turnpike Authority 7.10% 01/01/2041                                               | CUSIP: 646139X83<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |     40000 | PA      | $46784.49     | 0.01%             | 2041-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                                              | Nordea Bank Abp (pfd) 6.63% 09/26/2174 Perpetual                                             | CUSIP: 65559CAA9<br>LEI: 529900ODI3047E2LIV03 | Long             | EP               | CORP              | FI        |   2145000 | NS      | $2171299.85   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Natural Gas Co                                                      | Northern Natural Gas Co 5.63 02/01/2054                                                      | CUSIP: 665501AN2<br>LEI: 5493007M02M6CT9EXE41 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144840.19    | 0.03%             | 2054-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                          | City of New York NY 5.83% 10/01/2053                                                         | CUSIP: 64966Q7G9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    750000 | PA      | $772806.30    | 0.19%             | 2053-10-01      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| Newmont Corp / Newcrest Finance Pty Ltd                                      | Newmont Corp / Newcrest Finance Pty Ltd 5.35 03/15/2034                                      | CUSIP: 65163LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    437000 | PA      | $457034.59    | 0.11%             | 2034-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Northern Trust Corp                                                          | Northern Trust Corp 3.38 05/08/2032                                                          | CUSIP: 665859AS3<br>LEI: 549300GLF98S992BC502 | Long             | DBT              | CORP              | US        |   1231000 | PA      | $1214444.05   | 0.29%             | 2032-05-08      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Inc                                                            | Nexstar Media Inc 4.75 11/01/2028                                                            | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1047904.91   | 0.25%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Niagara Mohawk Power Corp                                                    | Niagara Mohawk Power Corp 4.65 10/03/2030                                                    | CUSIP: 653522DT6<br>LEI: 3T97Y9RR5EN5Y18QHB56 | Long             | DBT              | CORP              | US        |    160000 | PA      | $161242.48    | 0.04%             | 2030-10-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp                                                        | Northrop Grumman Corp 5.15 05/01/2040                                                        | CUSIP: 666807BT8<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    223000 | PA      | $221831.93    | 0.05%             | 2040-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Amazon.com Inc                                                               | Amazon.com Inc 4.65 11/20/2035                                                               | CUSIP: 023135CV6<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |    693000 | PA      | $690468.37    | 0.17%             | 2035-11-20      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                        | American Airlines Inc 7.25 02/15/2028                                                        | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    415000 | PA      | $424462.26    | 0.10%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| American Assets Trust LP                                                     | American Assets Trust LP 3.38 02/01/2031                                                     | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |    765000 | PA      | $697665.07    | 0.17%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co Inc                                               | American Electric Power Co Inc 5.80 03/15/2056                                               | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    202000 | PA      | $200627.50    | 0.05%             | 2056-03-15      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| DI Issuer LLC                                                                | DI Issuer LLC 3.72                                                                           | CUSIP: 23292FAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2462092 | PA      | $2369407.52   | 0.57%             | 2051-09-15      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Dell International LLC / EMC Corp                                            | Dell International LLC / EMC Corp 5.30 04/01/2032                                            | CUSIP: 24703TAN6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    191000 | PA      | $196506.68    | 0.05%             | 2032-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                 | Discovery Communications LLC 3.95 03/20/2028                                                 | CUSIP: 25470DAR0<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    394000 | PA      | $378417.30    | 0.09%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                 | Discovery Communications LLC 5.00 09/20/2037                                                 | CUSIP: 25470DBY4<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    500000 | PA      | $400667.50    | 0.10%             | 2037-09-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Discovery Communications LLC                                                 | Discovery Communications LLC 4.13 05/15/2029                                                 | CUSIP: 25470DCA5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    890000 | PA      | $860790.20    | 0.21%             | 2029-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Dresdner Funding Trust I                                                     | Dresdner Funding Trust I 8.15 06/30/2031                                                     | CUSIP: 26156FAA1<br>LEI: 549300ZEO4BKB37E3J03 | Long             | DBT              | CORP              | US        |    757000 | PA      | $833341.41    | 0.20%             | 2031-06-30      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                     | Duke Energy Progress LLC 5.35 03/15/2053                                                     | CUSIP: 26442UAR5<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    170000 | PA      | $163179.67    | 0.04%             | 2053-03-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY PROGRESS LLC                                                     | Duke Energy Progress LLC 4.35 03/06/2027                                                     | CUSIP: 26442UAT1<br>LEI: 0NIFZ782LS46WOC9QK20 | Long             | DBT              | CORP              | US        |    353000 | PA      | $355500.32    | 0.09%             | 2027-03-06      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Duke University Health System Inc                                            | Duke University Health System Inc 3.92 06/01/2047                                            | CUSIP: 26443CAA1<br>LEI: SYIJ9BNVFR17R33OPQ57 | Long             | DBT              | CORP              | US        |    128000 | PA      | $103310.50    | 0.02%             | 2047-06-01      | Fixed         | 3.92%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                      | Duke Energy Florida LLC 5.95 11/15/2052                                                      | CUSIP: 26444HAN1<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    265000 | PA      | $275270.50    | 0.07%             | 2052-11-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Duke Energy Florida LLC                                                      | Duke Energy Florida LLC 4.85 12/01/2035                                                      | CUSIP: 26444HAU5<br>LEI: 7MOHLM3DKE63RX2ZCN83 | Long             | DBT              | CORP              | US        |    190000 | PA      | $189254.34    | 0.05%             | 2035-12-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                                     | Electricite de France SA 6.95 01/26/2039                                                     | CUSIP: 268317AC8<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | CORP              | FR        |    604000 | PA      | $674739.90    | 0.16%             | 2039-01-26      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Eni SpA                                                                      | Eni SpA 5.95 05/15/2054                                                                      | CUSIP: 26874RAP3<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | DBT              | CORP              | IT        |    339000 | PA      | $336483.62    | 0.08%             | 2054-05-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| EPR Properties                                                               | EPR Properties 4.95 04/15/2028                                                               | CUSIP: 26884UAE9<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              | CORP              | US        |    580000 | PA      | $584748.25    | 0.14%             | 2028-04-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco Sarl                                                     | Eagle Funding Luxco Sarl 5.50 08/17/2030                                                     | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |   1558000 | PA      | $1588910.72   | 0.38%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                      | HCA Inc 4.90 11/15/2035                                                                      | CUSIP: 404119DF3<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    639000 | PA      | $630518.25    | 0.15%             | 2035-11-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                                                      | HCA Inc 5.70 11/15/2055                                                                      | CUSIP: 404119DH9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    444000 | PA      | $423443.74    | 0.10%             | 2055-11-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                            | HSBC Holdings PLC (pfd) 6.00% 11/22/2174 Perpetual                                           | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EP               | CORP              | GB        |   1526000 | NS      | $1543886.25   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                            | HSBC Holdings PLC (pfd) 6.88% 03/11/2174 Perpetual                                           | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EP               | CORP              | GB        |    349000 | NS      | $362269.33    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                                   | HPS Corporate Lending Fund 6.25 09/30/2029                                                   | CUSIP: 40440VAC9<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    187000 | PA      | $193962.45    | 0.05%             | 2029-09-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                                   | HPS Corporate Lending Fund 5.45 01/14/2028                                                   | CUSIP: 40440VAH8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    165000 | PA      | $166876.99    | 0.04%             | 2028-01-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| HPS Corporate Lending Fund                                                   | HPS Corporate Lending Fund 4.90 09/11/2028                                                   | CUSIP: 40440VAQ8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |    335000 | PA      | $333366.44    | 0.08%             | 2028-09-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Hawaiian Electric Co Inc                                                     | Hawaiian Electric Co Inc 6.00 10/01/2033                                                     | CUSIP: 419866AV0<br>LEI: 549300PQE8D806LWQV52 | Long             | DBT              | CORP              | US        |   1036000 | PA      | $1050922.54   | 0.25%             | 2033-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                            | Herc Holdings Inc 7.25 06/15/2033                                                            | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    348000 | PA      | $369218.99    | 0.09%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                                                  | Hologic Inc 3.25 02/15/2029                                                                  | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    351000 | PA      | $346219.73    | 0.08%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Novant Health Inc                                                            | Novant Health Inc 3.17 11/01/2051                                                            | CUSIP: 66988AAH7<br>LEI: 549300ZUXEGFGE8EP917 | Long             | DBT              | CORP              | US        |    290000 | PA      | $193886.06    | 0.05%             | 2051-11-01      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| OBX 2024-NQM8 Trust                                                          | OBX 2024-NQM8 Trust 6.23                                                                     | CUSIP: 67119CAA8<br>LEI: 254900Y1YRD8JNADSC78 | Long             | ABS-MBS          | CORP              | US        |    524875 | PA      | $531451.14    | 0.13%             | 2064-05-25      | Variable      | 6.23%                 | No            |                  2 | On Loan: No      |
| OBX 2025-J3 Trust                                                            | OBX 2025-J3 Trust 5.00                                                                       | CUSIP: 67449KAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1070119 | PA      | $1067826.42   | 0.26%             | 2055-10-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                                    | Ohio Turnpike & Infrastructure Commission 3.22% 02/15/2048                                   | CUSIP: 67760HNB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $335897.47    | 0.08%             | 2048-02-15      | Fixed         | 3.22%                 | No            |                  2 | On Loan: No      |
| One Market Plaza Trust 2017-1MKT                                             | One Market Plaza Trust 2017-1MKT 3.85                                                        | CUSIP: 68245HAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1097000 | PA      | $1038515.31   | 0.25%             | 2032-02-10      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp                                                         | OneMain Finance Corp 6.13 05/15/2030                                                         | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    165000 | PA      | $168618.78    | 0.04%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                | United States Treasury Note/Bond 4.38 11/30/2030                                             | CUSIP: 91282CJM4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  10500000 | PA      | $10803515.63  | 2.59%             | 2030-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                | United States Treasury Note/Bond 4.25 02/28/2031                                             | CUSIP: 91282CKC4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7700000 | PA      | $7878212.88   | 1.89%             | 2031-02-28      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                | United States Treasury Note/Bond 3.50 10/31/2027                                             | CUSIP: 91282CPE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $2000585.94   | 0.48%             | 2027-10-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| U.S. TREASURY                                                                | United States Treasury Note/Bond 3.50 11/30/2030                                             | CUSIP: 91282CPN5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  14200000 | PA      | $14059109.30  | 3.37%             | 2030-11-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                       | UnitedHealth Group Inc 5.05 04/15/2053                                                       | CUSIP: 91324PEW8<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    575000 | PA      | $519000.41    | 0.12%             | 2053-04-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                       | UnitedHealth Group Inc 5.50 07/15/2044                                                       | CUSIP: 91324PFK3<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    454000 | PA      | $450908.11    | 0.11%             | 2044-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                                                       | UnitedHealth Group Inc 5.30 06/15/2035                                                       | CUSIP: 91324PFQ0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    211000 | PA      | $218542.91    | 0.05%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | Regents of the University of California Medical Center Pooled Revenue 3.26% 05/15/2060       | CUSIP: 913366KC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $146118.89    | 0.04%             | 2060-05-15      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY OF CALIFORNIA                                                     | University of California 3.07% 05/15/2051                                                    | CUSIP: 91412HKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $149495.70    | 0.04%             | 2051-05-15      | Fixed         | 3.07%                 | No            |                  2 | On Loan: No      |
| VB-S1 Issuer LLC - VBTEL                                                     | VB-S1 Issuer LLC - VBTEL 8.87                                                                | CUSIP: 91823ABG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1036055.20   | 0.25%             | 2054-05-15      | Fixed         | 8.87%                 | No            |                  2 | On Loan: No      |
| Ventas Realty LP                                                             | Ventas Realty LP 5.00 02/15/2036                                                             | CUSIP: 92277GBC0<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |    205000 | PA      | $203748.05    | 0.05%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                                           | Venture Global Plaquemines LNG LLC 6.75 01/15/2036                                           | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    376000 | PA      | $385309.89    | 0.09%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                                           | Venture Global Plaquemines LNG LLC 6.50 06/15/2034                                           | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    593961 | PA      | $607193.06    | 0.15%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                                   | Verizon Communications Inc 4.75 01/15/2033                                                   | CUSIP: 92343VHF4<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    136000 | PA      | $135933.77    | 0.03%             | 2033-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Verizon Communications Inc                                                   | Verizon Communications Inc 5.88 11/30/2055                                                   | CUSIP: 92343VHJ6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    170000 | PA      | $168077.21    | 0.04%             | 2055-11-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VERTICAL BRIDGE CC LLC                                                       | VERTICAL BRIDGE CC LLC 5.16                                                                  | CUSIP: 92535VAQ5<br>LEI: 549300DKEDU9WZPGTC09 | Long             | ABS-MBS          | CORP              | US        |   1508826 | PA      | $1513732.70   | 0.36%             | 2055-08-16      | Fixed         | 5.16%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2024-4                                            | Verus Securitization Trust 2024-4 6.22                                                       | CUSIP: 92540GAA6<br>LEI: 213800WNY873LW1L3M73 | Long             | ABS-MBS          | CORP              | US        |    481706 | PA      | $488264.81    | 0.12%             | 2069-06-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2024-5                                            | Verus Securitization Trust 2024-5 6.19                                                       | CUSIP: 92540HAA4<br>LEI: 213800YE6HC7EZSFHW30 | Long             | ABS-MBS          | CORP              | US        |   1361604 | PA      | $1378995.27   | 0.33%             | 2069-06-25      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                                             | Paramount Global 4.38 03/15/2043                                                             | CUSIP: 92553PAP7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    267000 | PA      | $185813.48    | 0.04%             | 2043-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange Inc                                                | MARKIT CDX.NA.HY.45 12/30                                                                    | CUSIP: SPDX0BBS2<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              | CORP              | US        |   5500000 | OU      | $427516.53    | 0.10%             | 2030-12-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** American Century Investment Trust

**Signature:** Amy R. Bitter

**Name of Signer:** Amy R. Bitter

**Title:** Assistant Treasurer