# EDGAR Filing Document

**Accession Number:** 0000822671
**File Stem:** 0002071691-26-003976
**Filing Date:** 2026-2
**Character Count:** 307192
**Document Hash:** 1362d41bd3a39cb318230ca34763299d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-003976.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0002071691-26-003976

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0000822671

**ORGANIZATION NAME:**
- **EIN:** 046649095
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05346
- **FILM NUMBER:** 26675131

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM CAPITAL MANAGER TRUST /MA/
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Putnam VT Diversified Income Fund (Series ID: S000003893)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000010881 | Class IA Shares |  |
| C000010882 | Class IB Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-05346

- **c. CIK number of Registrant:** 0000822671

- **d. LEI of Registrant:** 549300TBVD21LYBGBD46

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

  - **Street Address 1:** 100 Federal Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 617-292-1000

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

- **a. Name of Series:** Putnam VT Diversified Income Fund

- **b. EDGAR series identifier (if any):** S000003893

- **c. LEI of Series:** 8JXB19CF5HE2V5XUD764

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

- **a. Date of fiscal year-end:** 2025-12-31

- **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:** $136784954.99

**Total Liabilities:** $36573182.96

**Net Assets:** $100211772.03

**Delayed Delivery Securities:** $31311889.46

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -34.92000000 | **1-Year:** -1795.94000000 | **5-Year:** -3326.35000000 | **10-Year:** -1710.76000000 | **30-Year:** -1749.64000000

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

- **3-Month:** -4.60000000 | **1-Year:** 8902.64000000 | **5-Year:** -31016.96000000 | **10-Year:** 4110.50000000 | **30-Year:** 603.36000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010881 | 0.65%                | 0.65%                | 0.21%                |
| Class ID C000010882 | 0.43%                | 0.64%                | 0.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-135714.45              | $189750.95                                 |
| Month 2  | $516.83                  | $243922.26                                 |
| Month 3  | $38225.33                | $-223535.48                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                           | Title                                                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| A&D Mortgage Trust                                             | A&D Mortgage Trust, Series 2023-NQM4, Class A1                                    | CUSIP: 00002MAA7<br>LEI: 9845002EOD0CFAFA4F48 | Long             | ABS-MBS          | CORP              | US        |    236218 | PA      | $239483.43    | 0.24%             | 2068-09-25      | Fixed         | 7.47%                 | No            |                  2 | On Loan: No      |
| A&D Mortgage Trust                                             | A&D Mortgage Trust, Series 2024-NQM1, Class A1                                    | CUSIP: 00039GAA7<br>LEI: 984500E3BD374F778L95 | Long             | ABS-MBS          | CORP              | US        |     99798 | PA      | $100603.72    | 0.10%             | 2069-02-25      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| AES Andes SA                                                   | AES Andes SA                                                                      | CUSIP: 00111VAD9<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $208675.60    | 0.21%             | 2032-03-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| APLD ComputeCo LLC                                             | APLD ComputeCo LLC                                                                | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $137434.56    | 0.14%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| AT&T, Inc.                                                     | AT&T, Inc.                                                                        | CUSIP: 00206RGL0<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    275000 | PA      | $275285.52    | 0.27%             | 2028-02-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance, Inc.                          | Acrisure LLC / Acrisure Finance, Inc.                                             | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $125456.21    | 0.13%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust      | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                         | CUSIP: 00774MBL8<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    200000 | PA      | $202284.97    | 0.20%             | 2029-09-10      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                           | Osaic Holdings, Inc.                                                              | CUSIP: 00791GAB3<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36581.29     | 0.04%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AeroVironment, Inc.                                            | AeroVironment, Inc.                                                               | CUSIP: 008073AA6<br>LEI: 529900PGHVI29YLZ6221 | Long             | DBT              | CORP              | US        |     20000 | PA      | $21750.00     | 0.02%             | 2030-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                                | Air Lease Corp.                                                                   | CUSIP: 00914AAT9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308605.64    | 0.31%             | 2027-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Akamai Technologies, Inc.                                      | Akamai Technologies, Inc.                                                         | CUSIP: 00971TAL5<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |     54000 | PA      | $54270.00     | 0.05%             | 2027-09-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Aker BP ASA                                                    | Aker BP ASA                                                                       | CUSIP: 00973RAL7<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |    150000 | PA      | $154566.43    | 0.15%             | 2028-06-13      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| ATI, Inc.                                                      | ATI, Inc.                                                                         | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    265000 | PA      | $265348.69    | 0.26%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ATI, Inc.                                                      | ATI, Inc.                                                                         | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15856.01     | 0.02%             | 2030-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                  | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F022618<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $1691093.76   | 1.69%             | 2056-01-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                  | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F042616<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -3000000 | PA      | $-2929129.65  | -2.92%            | 2056-01-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                  | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F050619<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $997421.88    | 1.00%             | 2056-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                  | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F052615<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  19000000 | PA      | $19268637.96  | 19.23%            | 2056-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                  | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F060618<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1026883.72   | 1.02%             | 2056-01-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                                  | Uniform Mortgage-Backed Securities                                                | CUSIP: 01F062614<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1000000 | PA      | $1039396.83   | 1.04%             | 2056-01-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.                                  | Alnylam Pharmaceuticals, Inc.                                                     | CUSIP: 02043QAB3<br>LEI: 529900S3ZI14OWRJII50 | Long             | DBT              | CORP              | US        |     12000 | PA      | $17673.60     | 0.02%             | 2027-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.                                  | Alnylam Pharmaceuticals, Inc.                                                     | CUSIP: 02043QAC1<br>LEI: 529900S3ZI14OWRJII50 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29025.00     | 0.03%             | 2028-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alphabet, Inc.                                                 | Alphabet, Inc.                                                                    | CUSIP: 02079KAW7<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |    145000 | PA      | $145476.34    | 0.15%             | 2030-11-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                                         | Alternative Loan Trust, Series 2006-OA7, Class 1A1                                | CUSIP: 02146BAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    463793 | PA      | $431414.77    | 0.43%             | 2046-06-25      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                                         | Alternative Loan Trust, Series 2006-OA7, Class 1A2                                | CUSIP: 02146BAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    117152 | PA      | $117436.51    | 0.12%             | 2046-06-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                                         | Alternative Loan Trust, Series 2006-OA10, Class 4A1                               | CUSIP: 02146QAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    749806 | PA      | $668697.56    | 0.67%             | 2046-08-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                                         | Alternative Loan Trust, Series 2007-OH1, Class A1D                                | CUSIP: 02150KAZ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     58187 | PA      | $52139.01     | 0.05%             | 2047-04-25      | Floating      | 4.06%                 | No            |                  2 | On Loan: No      |
| Amazon.com, Inc.                                               | Amazon.com, Inc.                                                                  | CUSIP: 023135CT1<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65090.42     | 0.06%             | 2030-11-20      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Ambipar Lux SARL                                               | Ambipar Lux SARL                                                                  | CUSIP: 02319WAB7<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $35375.00     | 0.04%             | 2033-02-05      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Ameren Corp.                                                   | Ameren Corp.                                                                      | CUSIP: 023608AQ5<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112493.30    | 0.11%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Tower Corp.                                           | American Tower Corp.                                                              | CUSIP: 03027XAX8<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    275000 | PA      | $271484.49    | 0.27%             | 2027-01-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                                 | Amphenol Corp.                                                                    | CUSIP: 032095AX9<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |     75000 | PA      | $74937.83     | 0.07%             | 2028-11-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Antero Resources Corp.                                         | Antero Resources Corp.                                                            | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    145000 | PA      | $147092.93    | 0.15%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AptarGroup, Inc.                                               | AptarGroup, Inc.                                                                  | CUSIP: 038336AB9<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | DBT              | CORP              | US        |     60000 | PA      | $60533.93     | 0.06%             | 2031-03-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                         | Egypt Government Bond                                                             | CUSIP: 03846JAH3<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    200000 | PA      | $222500.30    | 0.22%             | 2030-02-04      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Aramark Services, Inc.                                         | Aramark Services, Inc.                                                            | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    118000 | PA      | $118085.23    | 0.12%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ArcelorMittal SA                                               | ArcelorMittal SA                                                                  | CUSIP: 03938LAP9<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | DBT              | CORP              | LU        |    135000 | PA      | $152557.89    | 0.15%             | 2039-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Arcosa, Inc.                                                   | Arcosa, Inc.                                                                      | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31739.84     | 0.03%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Ares Capital Corp.                                             | Ares Capital Corp.                                                                | CUSIP: 04010LBE2<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    270000 | PA      | $276770.93    | 0.28%             | 2027-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ashtead Capital, Inc.                                          | Ashtead Capital, Inc.                                                             | CUSIP: 045054AJ2<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197890.28    | 0.20%             | 2028-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Asurion LLC and Asurion Co-Issuer, Inc.                        | Asurion LLC and Asurion Co-Issuer, Inc.                                           | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $83050.11     | 0.08%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Athene Global Funding                                          | Athene Global Funding                                                             | CUSIP: 04685A3Q2<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    130000 | PA      | $133599.42    | 0.13%             | 2029-01-09      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| Avient Corp.                                                   | Avient Corp.                                                                      | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25711.68     | 0.03%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Aviation Capital Group LLC                                     | Aviation Capital Group LLC                                                        | CUSIP: 05369AAQ4<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |    135000 | PA      | $138391.73    | 0.14%             | 2029-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Avnet, Inc.                                                    | Avnet, Inc.                                                                       | CUSIP: 053807AY9<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19760.00     | 0.02%             | 2030-09-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage Trust                             | Barclays Commercial Mortgage Trust, Series 2019-C5, Class F                       | CUSIP: 05492JAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    336000 | PA      | $206957.65    | 0.21%             | 2052-11-15      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp.                                              | BAT Capital Corp.                                                                 | CUSIP: 054989AA6<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     95000 | PA      | $102782.81    | 0.10%             | 2030-08-02      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| BAT Capital Corp.                                              | BAT Capital Corp.                                                                 | CUSIP: 05526DBN4<br>LEI: 2138005GYEXN7XRHFA84 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35789.34     | 0.04%             | 2030-04-02      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                           | BBCMS Mortgage Trust, Series 2024-C26, Class XA                                   | CUSIP: 05555AAF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1589773 | PA      | $111094.78    | 0.11%             | 2057-05-15      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                           | BBCMS Mortgage Trust, Series 2024-5C29, Class XA                                  | CUSIP: 05555PAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4848081 | PA      | $249579.19    | 0.25%             | 2057-09-15      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| BMO Mortgage Trust                                             | BMO Mortgage Trust, Series 2024-5C6, Class XA                                     | CUSIP: 05593QAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3409807 | PA      | $143663.36    | 0.14%             | 2057-09-15      | Variable      | 1.35%                 | No            |                  2 | On Loan: No      |
| BWX Technologies, Inc.                                         | BWX Technologies, Inc.                                                            | CUSIP: 05605HAD2<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19110.00     | 0.02%             | 2030-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Banijay Entertainment SAS                                      | Banijay Entertainment SAS                                                         | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    210000 | PA      | $218902.11    | 0.22%             | 2029-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                          | Bank of America Corp., Series L                                                   | CUSIP: 06051GGC7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135361.84    | 0.14%             | 2027-11-25      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                          | Bank of America Corp.                                                             | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    285000 | PA      | $296227.41    | 0.30%             | 2028-11-10      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Banc of America Commercial Mortgage Trust                      | Banc of America Commercial Mortgage Trust, Series 2015-UBS7, Class B              | CUSIP: 06054ABC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    262000 | PA      | $253279.46    | 0.25%             | 2048-09-15      | Variable      | 4.20%                 | No            |                  2 | On Loan: No      |
| BANK                                                           | BANK, Series 2024-BNK48, Class XA                                                 | CUSIP: 06541GAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2706179 | PA      | $216309.48    | 0.22%             | 2057-10-15      | Variable      | 1.14%                 | No            |                  2 | On Loan: No      |
| BANK5 Trust                                                    | BANK5 Trust, Series 2024-5YR10, Class XA                                          | CUSIP: 06604AAH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4134293 | PA      | $161035.26    | 0.16%             | 2057-10-15      | Variable      | 1.19%                 | No            |                  2 | On Loan: No      |
| BANK5 Trust                                                    | BANK5 Trust, Series 2024-5YR12, Class XA                                          | CUSIP: 06644XBM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4355524 | PA      | $78062.31     | 0.08%             | 2057-12-15      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| BBCMS Mortgage Trust                                           | BBCMS Mortgage Trust, Series 2022-C14, Class XA                                   | CUSIP: 07336AAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2893943 | PA      | $90690.96     | 0.09%             | 2055-02-15      | Variable      | 0.69%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                    | Beach Acquisition Bidco LLC                                                       | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    200000 | PA      | $220926.60    | 0.22%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Bear Stearns ALT-A Trust                                       | Bear Stearns ALT-A Trust, Series 2005-8, Class 21A1                               | CUSIP: 07386HWZ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     99381 | PA      | $81837.35     | 0.08%             | 2035-10-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                       | Benchmark Mortgage Trust, Series 2024-V10, Class XA                               | CUSIP: 08163UAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3820675 | PA      | $161122.83    | 0.16%             | 2057-09-15      | Variable      | 1.31%                 | No            |                  2 | On Loan: No      |
| Benchmark Mortgage Trust                                       | Benchmark Mortgage Trust, Series 2024-V11, Class XA                               | CUSIP: 081921BA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6573892 | PA      | $131491.64    | 0.13%             | 2057-11-15      | Variable      | 0.56%                 | No            |                  2 | On Loan: No      |
| Black Diamond CLO Ltd.                                         | Black Diamond CLO Ltd., Series 2024-1A, Class D1                                  | CUSIP: 09204UAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    260000 | PA      | $262000.98    | 0.26%             | 2037-10-25      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| Bloom Energy Corp.                                             | Bloom Energy Corp.                                                                | CUSIP: 093712AN7<br>LEI: 549300XB5J9BFW5JXV97 | Long             | DBT              | CORP              | US        |     61000 | PA      | $53375.00     | 0.05%             | 2030-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                               | Boeing Co. (The)                                                                  | CUSIP: 097023CM5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     92000 | PA      | $90700.43     | 0.09%             | 2027-02-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                               | Boeing Co. (The)                                                                  | CUSIP: 097023CN3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7583.06      | 0.01%             | 2030-02-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                               | Boeing Co. (The)                                                                  | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    267000 | PA      | $283499.04    | 0.28%             | 2029-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Boise Cascade Co.                                              | Boise Cascade Co.                                                                 | CUSIP: 09739DAD2<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124179.43    | 0.12%             | 2030-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Bombardier, Inc.                                               | Bombardier, Inc.                                                                  | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $47605.10     | 0.05%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Boston Properties LP                                           | Boston Properties LP                                                              | CUSIP: 10112RBM5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29115.00     | 0.03%             | 2030-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Box, Inc.                                                      | Box, Inc.                                                                         | CUSIP: 10316TAD6<br>LEI: 549300KQUCPD8687YS68 | Long             | DBT              | CORP              | US        |     39000 | PA      | $38025.00     | 0.04%             | 2029-09-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Boyd Gaming Corp.                                              | Boyd Gaming Corp.                                                                 | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    130000 | PA      | $127104.60    | 0.13%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource, Inc.                                     | Builders FirstSource, Inc.                                                        | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36636.75     | 0.04%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Burlington Stores, Inc.                                        | Burlington Stores, Inc.                                                           | CUSIP: 122017AD8<br>LEI: 5299003Z37DVGKKC1W09 | Long             | DBT              | CORP              | US        |     22000 | PA      | $32692.00     | 0.03%             | 2027-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp.                  | CCO Holdings LLC / CCO Holdings Capital Corp.                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $228670.54    | 0.23%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CD Mortgage Trust                                              | CD Mortgage Trust, Series 2017-CD4, Class B                                       | CUSIP: 12515DAU8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243000 | PA      | $232688.30    | 0.23%             | 2050-05-10      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                                | CFCRE Commercial Mortgage Trust, Series 2016-C7, Class A3                         | CUSIP: 12532BAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    234000 | PA      | $232535.04    | 0.23%             | 2054-12-10      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp.                                               | CMS Energy Corp.                                                                  | CUSIP: 125896BX7<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     33000 | PA      | $35376.00     | 0.04%             | 2028-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2013-CR12, Class AM                                   | CUSIP: 12591KAG0<br>LEI: 549300MGZ5FI5VFL1177 | Long             | ABS-MBS          | CORP              | US        |     85528 | PA      | $81261.05     | 0.08%             | 2046-10-10      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2014-CR16, Class C                                    | CUSIP: 12591VAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    283000 | PA      | $269911.25    | 0.27%             | 2047-04-10      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2014-UBS5, Class AM                                   | CUSIP: 12592KBE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     99719 | PA      | $98268.29     | 0.10%             | 2047-09-10      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2014-CR20, Class C                                    | CUSIP: 12592LBP6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    209791 | PA      | $203162.16    | 0.20%             | 2047-11-10      | Variable      | 4.67%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2015-CR22, Class B                                    | CUSIP: 12592XBG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115317 | PA      | $110992.08    | 0.11%             | 2048-03-10      | Variable      | 3.93%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2012-CR4, Class AM                                    | CUSIP: 12624QAT0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    184000 | PA      | $170953.55    | 0.17%             | 2045-10-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2015-DC1, Class B                                     | CUSIP: 12629NAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    264000 | PA      | $253228.85    | 0.25%             | 2048-02-10      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2014-CR17, Class D                                    | CUSIP: 12631DAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    182000 | PA      | $152610.46    | 0.15%             | 2047-05-10      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2015-CR27, Class C                                    | CUSIP: 12635QBL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     15742 | PA      | $15091.10     | 0.02%             | 2048-10-10      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                               | CVS Health Corp.                                                                  | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    110000 | PA      | $115466.79    | 0.12%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                                         | Alternative Loan Trust, Series 2005-38, Class A1                                  | CUSIP: 12667GY98<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    195052 | PA      | $180025.16    | 0.18%             | 2035-09-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Alternative Loan Trust                                         | Alternative Loan Trust, Series 2005-65CB, Class 2A1                               | CUSIP: 12668AY90<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    247362 | PA      | $150456.20    | 0.15%             | 2035-12-25      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| CACI International, Inc.                                       | CACI International, Inc.                                                          | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103592.87    | 0.10%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                    | Caesars Entertainment, Inc.                                                       | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    131000 | PA      | $135732.63    | 0.14%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Capital One Financial Corp.                                    | Capital One Financial Corp.                                                       | CUSIP: 14040HDM4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84893.46     | 0.08%             | 2031-09-11      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                 | Carnival Corp.                                                                    | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     45000 | PA      | $46316.57     | 0.05%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                 | Carnival Corp.                                                                    | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    120000 | PA      | $121390.73    | 0.12%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                       | Celanese US Holdings LLC                                                          | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4165.68      | 0.00%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Chefs' Warehouse, Inc. (The)                                   | Chefs' Warehouse, Inc. (The)                                                      | CUSIP: 163086AE1<br>LEI: 549300JYEDC8C547E980 | Long             | DBT              | CORP              | US        |     26000 | PA      | $39551.20     | 0.04%             | 2028-12-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Chevy Chase Funding LLC                                        | Chevy Chase Funding LLC, Series 2006-4A, Class A2                                 | CUSIP: 16678XAB0<br>LEI: 5493000OPBL8EFF3O717 | Long             | ABS-MBS          | CORP              | US        |     84562 | PA      | $77122.91     | 0.08%             | 2047-11-25      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                              | Chile Government Bond                                                             | CUSIP: 168863EE4<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    230000 | PA      | $243478.00    | 0.24%             | 2037-01-13      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Chobani LLC / Chobani Finance Corp., Inc.                      | Chobani LLC / Chobani Finance Corp., Inc.                                         | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $120102.78    | 0.12%             | 2029-07-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Cipher Compute LLC                                             | Cipher Compute LLC                                                                | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $35690.65     | 0.04%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                                | Citigroup, Inc.                                                                   | CUSIP: 172967QF1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    275000 | PA      | $275926.22    | 0.28%             | 2031-09-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                            | Citigroup Commercial Mortgage Trust, Series 2015-GC27, Class D                    | CUSIP: 17323CAN7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    237682 | PA      | $231249.04    | 0.23%             | 2048-02-10      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                           | Clear Channel Outdoor Holdings, Inc.                                              | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    170000 | PA      | $179757.66    | 0.18%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs, Inc.                                         | Cleveland-Cliffs, Inc.                                                            | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56443.78     | 0.06%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs, Inc.                                         | Cleveland-Cliffs, Inc.                                                            | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31373.58     | 0.03%             | 2034-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Cloudflare, Inc.                                               | Cloudflare, Inc.                                                                  | CUSIP: 18915MAE7<br>LEI: 5493007DY18BGNLDWU14 | Long             | DBT              | CORP              | US        |     40000 | PA      | $43580.00     | 0.04%             | 2030-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                          | Clydesdale Acquisition Holdings, Inc.                                             | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    115000 | PA      | $118328.61    | 0.12%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Cogent Communications Group LLC / Cogent Finance, Inc.         | Cogent Communications Group LLC / Cogent Finance, Inc.                            | CUSIP: 19240WAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $135786.34    | 0.14%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Coinbase Global, Inc.                                          | Coinbase Global, Inc.                                                             | CUSIP: 19260QAJ6<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26910.00     | 0.03%             | 2032-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                           | Colombia Government Bond                                                          | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    273000 | PA      | $291564.00    | 0.29%             | 2035-11-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Co.                                          | Commercial Metals Co.                                                             | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    158000 | PA      | $152611.47    | 0.15%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Commvault Systems, Inc.                                        | Commvault Systems, Inc.                                                           | CUSIP: 204166AA0<br>LEI: 65T5VRP62VXG39YFML83 | Long             | DBT              | CORP              | US        |     21000 | PA      | $18627.00     | 0.02%             | 2030-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Connecticut Avenue Securities Trust, Series 2020-SBT1, Class 1M2             | CUSIP: 20753VBE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    276000 | PA      | $284575.49    | 0.28%             | 2040-02-25      | Floating      | 7.64%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Connecticut Avenue Securities Trust, Series 2022-R02, Class 2B1              | CUSIP: 20754BAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    148000 | PA      | $153021.94    | 0.15%             | 2042-01-25      | Floating      | 8.37%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Connecticut Avenue Securities Trust, Series 2020-R01, Class 1B1              | CUSIP: 20754CAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    155000 | PA      | $157939.82    | 0.16%             | 2040-01-25      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| Constellation Energy Generation LLC                            | Constellation Energy Generation LLC                                               | CUSIP: 210385AB6<br>LEI: S2PEWKCZFFECR4533P43 | Long             | DBT              | CORP              | US        |    130000 | PA      | $134186.90    | 0.13%             | 2028-03-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Constellium SE                                                 | Constellium SE                                                                    | CUSIP: 21039CAD6<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    250000 | PA      | $259216.50    | 0.26%             | 2032-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 21H042612<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1000000 | PA      | $974218.75    | 0.97%             | 2056-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 21H050615<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3000000 | PA      | $2993612.40   | 2.99%             | 2056-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 21H052611<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3000000 | PA      | $3029557.92   | 3.02%             | 2056-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Crocs, Inc.                                                    | Crocs, Inc.                                                                       | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |    170000 | PA      | $157891.41    | 0.16%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                           | CrossCountry Intermediate HoldCo LLC                                              | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $35743.61     | 0.04%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DataBank Issuer II LLC                                         | DataBank Issuer II LLC, Series 2025-1A, Class A2                                  | CUSIP: 23802YAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    108000 | PA      | $106590.89    | 0.11%             | 2055-09-27      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Datadog, Inc.                                                  | Datadog, Inc.                                                                     | CUSIP: 23804LAD5<br>LEI: 549300F6JNO0KRPO1K63 | Long             | DBT              | CORP              | US        |     53000 | PA      | $53066.25     | 0.05%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DaVita, Inc.                                                   | DaVita, Inc.                                                                      | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    110000 | PA      | $114572.26    | 0.11%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DaVita, Inc.                                                   | DaVita, Inc.                                                                      | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15565.09     | 0.02%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Dexcom, Inc.                                                   | Dexcom, Inc.                                                                      | CUSIP: 252131AM9<br>LEI: 549300YSK3QDSFR5EU59 | Long             | DBT              | CORP              | US        |     74000 | PA      | $68135.50     | 0.07%             | 2028-05-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Digital Realty Trust LP                                        | Digital Realty Trust LP                                                           | CUSIP: 25389JAX4<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76237.50     | 0.08%             | 2029-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| RR Donnelley & Sons Co.                                        | RR Donnelley & Sons Co.                                                           | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    175000 | PA      | $180992.88    | 0.18%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DoorDash, Inc.                                                 | DoorDash, Inc.                                                                    | CUSIP: 25809KAA3<br>LEI: 549300NUQ43FGGSK5051 | Long             | DBT              | CORP              | US        |     61000 | PA      | $63867.00     | 0.06%             | 2030-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Duke Energy Carolinas LLC                                      | Duke Energy Carolinas LLC, Series A                                               | CUSIP: 264399DK9<br>LEI: MWIUSDMN17TCR56VW396 | Long             | DBT              | CORP              | US        |    130000 | PA      | $137399.10    | 0.14%             | 2028-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco SARL                                       | Eagle Funding Luxco SARL                                                          | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | NUSS              | LU        |    280000 | PA      | $285555.20    | 0.28%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                                   | Ecopetrol SA                                                                      | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |    140000 | PA      | $125590.82    | 0.13%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Electricite de France SA                                       | Electricite de France SA                                                          | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | DBT              | NUSS              | FR        |    200000 | PA      | $233377.80    | 0.23%             | 2033-03-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group, Inc.                                     | Encore Capital Group, Inc.                                                        | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    250000 | PA      | $263750.00    | 0.26%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                             | Energy Transfer LP                                                                | CUSIP: 29278NAG8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    270000 | PA      | $277535.85    | 0.28%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                            | Citigroup Commercial Mortgage Trust, Series 2015-GC33, Class C                    | CUSIP: 29425AAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    115000 | PA      | $100659.85    | 0.10%             | 2058-09-10      | Variable      | 4.34%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                            | Citigroup Commercial Mortgage Trust, Series 2015-GC33, Class D                    | CUSIP: 29425AAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     63000 | PA      | $38980.62     | 0.04%             | 2058-09-10      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| EquipmentShare.com, Inc.                                       | EquipmentShare.com, Inc.                                                          | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |     95000 | PA      | $98840.95     | 0.10%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| EquipmentShare.com, Inc.                                       | EquipmentShare.com, Inc.                                                          | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |     20000 | PA      | $21150.44     | 0.02%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Etsy, Inc.                                                     | Etsy, Inc.                                                                        | CUSIP: 29786AAP1<br>LEI: 54930089Q7XT501AEA40 | Long             | DBT              | CORP              | US        |     61000 | PA      | $61945.50     | 0.06%             | 2030-06-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Eversource Energy                                              | Eversource Energy                                                                 | CUSIP: 30040WAT5<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    130000 | PA      | $133308.17    | 0.13%             | 2028-03-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| F&G Annuities & Life, Inc.                                     | F&G Annuities & Life, Inc.                                                        | CUSIP: 30190AAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $136172.10    | 0.14%             | 2028-01-13      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| FMC Corp.                                                      | FMC Corp.                                                                         | CUSIP: 302491AZ8<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |     65000 | PA      | $51501.50     | 0.05%             | 2055-11-01      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Connecticut Avenue Securities Trust, Series 2016-C02, Class 1B               | CUSIP: 30711XCH5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    962579 | PA      | $985517.22    | 0.98%             | 2028-09-25      | Floating      | 16.24%                | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Connecticut Avenue Securities Trust, Series 2016-C03, Class 1B               | CUSIP: 30711XCR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |    492693 | PA      | $507916.02    | 0.51%             | 2028-10-25      | Floating      | 15.74%                | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Connecticut Avenue Securities Trust, Series 2016-C05, Class 2B               | CUSIP: 30711XDN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | CORP              | US        |     88455 | PA      | $92612.65     | 0.09%             | 2029-01-25      | Floating      | 14.74%                | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 304, Class C37                                                      | CUSIP: 31325UPS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     10112 | PA      | $158.95       | 0.00%             | 2027-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2012-127, Class BI                                                   | CUSIP: 3136A9C48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     84622 | PA      | $17390.77     | 0.02%             | 2042-11-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2015-30                                                              | CUSIP: 3136ANRR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    570740 | PA      | $75977.91     | 0.08%             | 2045-05-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2015-42, Class LS                                                    | CUSIP: 3136ANX69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    807105 | PA      | $64579.48     | 0.06%             | 2045-06-25      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2016-3, Class NI                                                     | CUSIP: 3136ARFT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    362623 | PA      | $51754.29     | 0.05%             | 2046-02-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2017-32, Class SA                                                    | CUSIP: 3136AWLE5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2056238 | PA      | $231099.10    | 0.23%             | 2047-05-25      | Floating      | 2.16%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2018-20, Class SB                                                    | CUSIP: 3136B07G5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    997553 | PA      | $97241.39     | 0.10%             | 2048-03-25      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2018-38, Class SA                                                    | CUSIP: 3136B1S47<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1358571 | PA      | $163285.41    | 0.16%             | 2048-06-25      | Floating      | 2.21%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2019-43, Class JS                                                    | CUSIP: 3136B5A54<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    888628 | PA      | $97038.77     | 0.10%             | 2049-08-25      | Floating      | 2.06%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2020-76, Class BI                                                    | CUSIP: 3136BCLU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1728664 | PA      | $396829.92    | 0.40%             | 2050-11-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 374, Class 6                                                         | CUSIP: 3136FCZ90<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34253 | PA      | $5517.97      | 0.01%             | 2036-08-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 378, Class 19                                                        | CUSIP: 3136FEMW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88866 | PA      | $12036.11     | 0.01%             | 2035-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 4000, Class PI                                                      | CUSIP: 3137ALYB9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    101235 | PA      | $13253.81     | 0.01%             | 2042-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 4077, Class IK                                                      | CUSIP: 3137ASB78<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    211815 | PA      | $44720.73     | 0.04%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 4105, Class HI                                                      | CUSIP: 3137AUD48<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    110753 | PA      | $5316.90      | 0.01%             | 2041-07-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 4839, Class WS                                                      | CUSIP: 3137FJK99<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1522323 | PA      | $215024.83    | 0.21%             | 2056-08-15      | Floating      | 2.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 4945, Class SL                                                      | CUSIP: 3137FQNN9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1328046 | PA      | $160318.79    | 0.16%             | 2050-01-25      | Floating      | 2.06%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 5002, Class SJ                                                      | CUSIP: 3137FUAM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1748453 | PA      | $208181.64    | 0.21%             | 2050-07-25      | Floating      | 2.11%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 5011, Class SA                                                      | CUSIP: 3137FVT28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1817279 | PA      | $231017.02    | 0.23%             | 2050-09-25      | Floating      | 2.26%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 5024, Class HI                                                      | CUSIP: 3137FWKE9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1861763 | PA      | $442477.52    | 0.44%             | 2050-10-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 5093, Class YI                                                      | CUSIP: 3137FYLH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1337230 | PA      | $318166.84    | 0.32%             | 2050-12-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC STACR Debt Notes, Series 2016-DNA1, Class B                                 | CUSIP: 3137G0HZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1016437 | PA      | $1022121.06   | 1.02%             | 2028-07-25      | Floating      | 13.99%                | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 5134, Class IC                                                      | CUSIP: 3137H1X68<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2413438 | PA      | $480669.01    | 0.48%             | 2051-08-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC, Series 5349, Class IB                                                      | CUSIP: 3137HANZ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1316209 | PA      | $287755.85    | 0.29%             | 2046-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, Series 2010-35, Class SG                                                    | CUSIP: 31398PJU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    181521 | PA      | $20477.81     | 0.02%             | 2040-04-25      | Floating      | 2.41%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, 30 Year                                                                     | CUSIP: 3140JKL87<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1468 | PA      | $1507.87      | 0.00%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, 30 Year                                                                     | CUSIP: 3140JS4K2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12930 | PA      | $13054.79     | 0.01%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA, 30 Year                                                                     | CUSIP: 3140JUFY5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13717 | PA      | $13961.22     | 0.01%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federation des Caisses Desjardins du Quebec                    | Federation des Caisses Desjardins du Quebec                                       | CUSIP: 31429KAP8<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $201565.97    | 0.20%             | 2030-08-26      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| FIGRE Trust                                                    | FIGRE Trust, Series 2025-FL1, Class A1                                            | CUSIP: 31684QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    130943 | PA      | $131457.23    | 0.13%             | 2055-07-25      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| First Horizon Alternative Mortgage Securities Trust            | First Horizon Alternative Mortgage Securities Trust, Series 2006-AA6, Class 2A1   | CUSIP: 32052MAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    196174 | PA      | $133547.48    | 0.13%             | 2036-11-25      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1920.59     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1513.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $22.25        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-170.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-8707.58     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $90.27        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-4964.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-175.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-8003.27     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1261.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-632.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-82.07       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-822.19      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-71.94       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FirstCash, Inc.                                                | FirstCash, Inc.                                                                   | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    213000 | PA      | $221829.21    | 0.22%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fluor Corp.                                                    | Fluor Corp.                                                                       | CUSIP: 343412AJ1<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |     41000 | PA      | $46809.70     | 0.05%             | 2029-08-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                                      | Ford Motor Credit Co. LLC                                                         | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $202574.47    | 0.20%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                          | Foundry JV Holdco LLC                                                             | CUSIP: 350930AB9<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209285.84    | 0.21%             | 2030-01-25      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Credit Risk                       | FHLMC Multi-family Structured Credit Risk Trust, Series 2021-MN3, Class M2        | CUSIP: 35563GAB5<br>LEI: 549300FK6HM4FW58SP67 | Long             | ABS-MBS          | CORP              | US        |    460000 | PA      | $477832.64    | 0.48%             | 2051-11-25      | Floating      | 7.87%                 | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC STACR Trust, Series 2018-DNA3, Class B2                                     | CUSIP: 35563WBE3<br>LEI: 549300BL200YC56BUV20 | Long             | ABS-MBS          | CORP              | US        |    389000 | PA      | $445789.06    | 0.44%             | 2048-09-25      | Floating      | 11.74%                | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC STACR Trust, Series 2018-HQA2, Class B2                                     | CUSIP: 35563XBE1<br>LEI: 5493005RUXPCBST1N217 | Long             | ABS-MBS          | CORP              | US        |    333000 | PA      | $413659.49    | 0.41%             | 2048-10-25      | Floating      | 14.99%                | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC STACR REMIC Trust, Series 2020-DNA3, Class B2                               | CUSIP: 35565WBE1<br>LEI: 5493000ITGOA1OPGRQ72 | Long             | ABS-MBS          | CORP              | US        |    237000 | PA      | $303822.67    | 0.30%             | 2050-06-25      | Floating      | 13.34%                | No            |                  2 | On Loan: No      |
| FHLMC                                                          | FHLMC STACR REMIC Trust, Series 2020-DNA4, Class B2                               | CUSIP: 35565XBE9<br>LEI: 5493000ITFTMJUMPDE35 | Long             | ABS-MBS          | CORP              | US        |    135000 | PA      | $180197.03    | 0.18%             | 2050-08-25      | Floating      | 13.99%                | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corp.                                         | Freedom Mortgage Corp.                                                            | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    225000 | PA      | $249702.36    | 0.25%             | 2030-10-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| GA Global Funding Trust                                        | GA Global Funding Trust                                                           | CUSIP: 36143L2N4<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |    150000 | PA      | $150655.53    | 0.15%             | 2027-09-23      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 3617K4U88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     15378 | PA      | $15522.62     | 0.02%             | 2049-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 3617K4U96<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     15061 | PA      | $15186.07     | 0.02%             | 2049-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 3617K4VB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     12049 | PA      | $12299.02     | 0.01%             | 2049-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 3617LELG7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     30004 | PA      | $27003.71     | 0.03%             | 2049-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA II, Single-family, 30 Year                                                   | CUSIP: 3617LEPL2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10786 | PA      | $9707.68      | 0.01%             | 2049-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                   | GS Mortgage Securities Trust, Series 2013-GC13, Class AS                          | CUSIP: 36198EAP0<br>LEI: 549300WF5YRKNHB1FX69 | Long             | ABS-MBS          | CORP              | US        |     69059 | PA      | $68226.03     | 0.07%             | 2046-07-10      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                                        | GSR Mortgage Loan Trust, Series 2007-OA1, Class 2A3A                              | CUSIP: 3622NAAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    109062 | PA      | $60778.13     | 0.06%             | 2037-05-25      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| GSAA Home Equity Trust                                         | GSAA Home Equity Trust, Series 2006-8, Class 2A2                                  | CUSIP: 362348AS3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    504940 | PA      | $104644.64    | 0.10%             | 2036-05-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                   | GS Mortgage Securities Trust, Series 2014-GC24, Class B                           | CUSIP: 36253GAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    244000 | PA      | $235531.74    | 0.24%             | 2047-09-10      | Variable      | 4.43%                 | No            |                  2 | On Loan: No      |
| Haleon US Capital LLC                                          | Haleon US Capital LLC                                                             | CUSIP: 36264FAL5<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244418.64    | 0.24%             | 2029-03-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GE HealthCare Technologies, Inc.                               | GE HealthCare Technologies, Inc.                                                  | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |    135000 | PA      | $138026.82    | 0.14%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GE HealthCare Technologies, Inc.                               | GE HealthCare Technologies, Inc.                                                  | CUSIP: 36266GAD9<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55158.97     | 0.06%             | 2028-12-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Gartner, Inc.                                                  | Gartner, Inc.                                                                     | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    295000 | PA      | $284710.79    | 0.28%             | 2029-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                             | General Motors Financial Co., Inc.                                                | CUSIP: 37045XFL5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35057.69     | 0.03%             | 2028-10-27      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Genmab A/S / Genmab Finance LLC                                | Genmab A/S / Genmab Finance LLC                                                   | CUSIP: 37230JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | DK        |    200000 | PA      | $205108.31    | 0.20%             | 2032-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                              | Ghana Government Bond                                                             | CUSIP: 374422AP8<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    100000 | PA      | $91735.66     | 0.09%             | 2035-07-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-3641.10     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-56.39       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-5249.79     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-3344.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-6102.70     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7109.61     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Magnera Corp.                                                  | Magnera Corp.                                                                     | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    130000 | PA      | $120349.53    | 0.12%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Global Payments, Inc.                                          | Global Payments, Inc.                                                             | CUSIP: 37940XAU6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     53000 | PA      | $47673.50     | 0.05%             | 2031-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2013-H08, Class CI                                                   | CUSIP: 38375BM66<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    475713 | PA      | $16413.54     | 0.02%             | 2063-02-20      | Variable      | 1.54%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H10, Class MI                                                   | CUSIP: 38375UB25<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1232033 | PA      | $36388.11     | 0.04%             | 2067-04-20      | Variable      | 1.84%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H16, Class IG                                                   | CUSIP: 38375UF88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    893988 | PA      | $23712.14     | 0.02%             | 2067-07-20      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H16, Class JI                                                   | CUSIP: 38375UG46<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1213266 | PA      | $50101.84     | 0.05%             | 2067-08-20      | Variable      | 2.42%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2014-H21, Class BI                                                   | CUSIP: 38375UPZ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    621454 | PA      | $14070.35     | 0.01%             | 2064-10-20      | Variable      | 1.59%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H02, Class BI                                                   | CUSIP: 38375UYG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    528449 | PA      | $21836.05     | 0.02%             | 2067-01-20      | Variable      | 2.23%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H09                                                             | CUSIP: 38375UZV5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1020027 | PA      | $29907.20     | 0.03%             | 2067-04-20      | Variable      | 1.89%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-42, Class IC                                                    | CUSIP: 38376MSQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    276503 | PA      | $51518.46     | 0.05%             | 2041-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H08, Class NI                                                   | CUSIP: 38376R2Q8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    864633 | PA      | $27275.45     | 0.03%             | 2067-03-20      | Variable      | 2.19%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H12, Class QI                                                   | CUSIP: 38376R2S4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    680107 | PA      | $25729.14     | 0.03%             | 2067-05-20      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H11, Class DI                                                   | CUSIP: 38376R4R4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    597703 | PA      | $30551.00     | 0.03%             | 2067-05-20      | Variable      | 2.08%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H23, Class NI                                                   | CUSIP: 38376RA63<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1656318 | PA      | $81793.96     | 0.08%             | 2066-10-20      | Variable      | 2.31%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2015-H10, Class BI                                                   | CUSIP: 38376RAE6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    505125 | PA      | $24010.59     | 0.02%             | 2065-04-20      | Variable      | 2.31%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H22, Class AI                                                   | CUSIP: 38376RC87<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    504498 | PA      | $26893.30     | 0.03%             | 2066-10-20      | Variable      | 2.31%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H24, Class CI                                                   | CUSIP: 38376RF35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    404192 | PA      | $10175.53     | 0.01%             | 2066-10-20      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H24, Class JI                                                   | CUSIP: 38376RG26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    624021 | PA      | $39167.90     | 0.04%             | 2066-11-20      | Variable      | 2.29%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2015-H23, Class BI                                                   | CUSIP: 38376RHE9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    575306 | PA      | $14745.66     | 0.01%             | 2065-09-20      | Variable      | 1.81%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2015-H25, Class AI                                                   | CUSIP: 38376RJD9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    882659 | PA      | $13812.90     | 0.01%             | 2065-09-20      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2015-H25, Class EI                                                   | CUSIP: 38376RJK3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    295708 | PA      | $11643.78     | 0.01%             | 2065-10-20      | Variable      | 1.93%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H03, Class AI                                                   | CUSIP: 38376RNL6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    475272 | PA      | $20738.51     | 0.02%             | 2066-01-20      | Variable      | 2.16%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H03, Class DI                                                   | CUSIP: 38376RNT9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    386705 | PA      | $12247.71     | 0.01%             | 2065-12-20      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H06, Class DI                                                   | CUSIP: 38376RSF4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    631141 | PA      | $25789.06     | 0.03%             | 2065-07-20      | Variable      | 1.77%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H09, Class BI                                                   | CUSIP: 38376RTH9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    767194 | PA      | $32570.46     | 0.03%             | 2066-04-20      | Variable      | 2.23%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-H10, Class AI                                                   | CUSIP: 38376RUG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    869765 | PA      | $26202.55     | 0.03%             | 2066-04-20      | Variable      | 1.84%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-H06, Class BI                                                   | CUSIP: 38376RV78<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    579656 | PA      | $19848.77     | 0.02%             | 2067-02-20      | Variable      | 2.34%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2012-140, Class IC                                                   | CUSIP: 38378GHA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    532085 | PA      | $86626.21     | 0.09%             | 2042-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2012-146                                                             | CUSIP: 38378GNB0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    341935 | PA      | $72940.63     | 0.07%             | 2042-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2012-128, Class IA                                                   | CUSIP: 38378HK70<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    621595 | PA      | $100756.18    | 0.10%             | 2042-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2013-34, Class IH                                                    | CUSIP: 38378JL67<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    496043 | PA      | $94047.15     | 0.09%             | 2043-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2014-76                                                              | CUSIP: 38379B6E3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    203563 | PA      | $42230.32     | 0.04%             | 2044-05-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2014-60, Class SD                                                    | CUSIP: 38379BNA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1079850 | PA      | $135661.64    | 0.14%             | 2044-04-20      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2014-119, Class SA                                                   | CUSIP: 38379EAL6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    452094 | PA      | $45837.87     | 0.05%             | 2044-08-20      | Floating      | 1.75%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2015-79, Class GI                                                    | CUSIP: 38379LX92<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    136486 | PA      | $27971.27     | 0.03%             | 2039-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2015-64, Class YI                                                    | CUSIP: 38379PE94<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    271012 | PA      | $39425.57     | 0.04%             | 2044-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2016-42                                                              | CUSIP: 38379V6K5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    360720 | PA      | $70918.59     | 0.07%             | 2046-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2017-26, Class MI                                                    | CUSIP: 38380CH71<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    651425 | PA      | $124041.37    | 0.12%             | 2039-11-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2018-H05, Class BI                                                   | CUSIP: 38380LAD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1164485 | PA      | $49904.00     | 0.05%             | 2068-02-20      | Variable      | 2.27%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2018-94, Class AI                                                    | CUSIP: 38380XSS7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    871864 | PA      | $180210.99    | 0.18%             | 2048-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2018-127, Class IC                                                   | CUSIP: 38380YYA7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    669637 | PA      | $132673.08    | 0.13%             | 2044-10-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2018-139, Class SA                                                   | CUSIP: 38381AKY1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    873147 | PA      | $121826.74    | 0.12%             | 2048-10-20      | Floating      | 2.30%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2024-32                                                              | CUSIP: 38381J2J5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGSE             | US        |   3111648 | PA      | $159564.08    | 0.16%             | 2063-06-16      | Variable      | 0.70%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2019-89, Class PS                                                    | CUSIP: 38381W6R4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1791083 | PA      | $227005.78    | 0.23%             | 2049-07-20      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2019-83, Class SY                                                    | CUSIP: 38381XBN5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1262081 | PA      | $151649.78    | 0.15%             | 2049-07-20      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2019-96, Class SY                                                    | CUSIP: 38381XK39<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2981360 | PA      | $366367.71    | 0.37%             | 2049-08-20      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2019-152, Class ES                                                   | CUSIP: 38382BH89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    757604 | PA      | $88309.49     | 0.09%             | 2049-12-20      | Floating      | 2.20%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2020-63, Class PS                                                    | CUSIP: 38382FGP3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1831249 | PA      | $234032.38    | 0.23%             | 2050-04-20      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2020-63, Class AS                                                    | CUSIP: 38382FGR9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1472600 | PA      | $173566.69    | 0.17%             | 2043-08-20      | Floating      | 2.15%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2020-97, Class QS                                                    | CUSIP: 38382GXV9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1816867 | PA      | $249196.76    | 0.25%             | 2050-07-20      | Floating      | 2.30%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2020-167, Class PI                                                   | CUSIP: 38382LDU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2221370 | PA      | $463091.44    | 0.46%             | 2050-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2021-77, Class SM                                                    | CUSIP: 38382QX21<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2014481 | PA      | $273149.06    | 0.27%             | 2051-05-20      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2021-59, Class SQ                                                    | CUSIP: 38382RPZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1531434 | PA      | $200339.18    | 0.20%             | 2051-04-20      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2021-59, Class IP                                                    | CUSIP: 38382RRP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2356853 | PA      | $402160.68    | 0.40%             | 2051-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2021-98, Class SK                                                    | CUSIP: 38382TD27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1397643 | PA      | $190592.73    | 0.19%             | 2051-06-20      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2021-116, Class ES                                                   | CUSIP: 38382WSM0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2213216 | PA      | $253993.14    | 0.25%             | 2047-11-20      | Floating      | 2.35%                 | No            |                  2 | On Loan: No      |
| GNMA                                                           | GNMA, Series 2021-156                                                             | CUSIP: 38383AQC1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2659126 | PA      | $504759.52    | 0.50%             | 2051-07-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                                            | COMM Mortgage Trust, Series 2012-CR3, Class F                                     | CUSIP: 12624PAW5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    169087 | PA      | $10350.66     | 0.01%             | 2045-10-15      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Guidewire Software, Inc.                                       | Guidewire Software, Inc.                                                          | CUSIP: 40171VAC4<br>LEI: 549300WXSG0J8IXZCK32 | Long             | DBT              | CORP              | US        |     56000 | PA      | $61712.00     | 0.06%             | 2029-11-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Halozyme Therapeutics, Inc.                                    | Halozyme Therapeutics, Inc.                                                       | CUSIP: 40637HAF6<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |     42000 | PA      | $55839.00     | 0.06%             | 2028-08-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-3453.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1.55         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2956.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1793.47     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2054.24     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $360.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $769.81       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust                                 | HarborView Mortgage Loan Trust, Series 2005-2, Class 1A                           | CUSIP: 41161PLQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    168348 | PA      | $45739.05     | 0.05%             | 2035-05-19      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | Forward Foreign Currency Contract                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $370.21       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Herc Holdings, Inc.                                            | Herc Holdings, Inc.                                                               | CUSIP: 42704LAE4<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36462.60     | 0.04%             | 2029-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Hercules Capital, Inc.                                         | Hercules Capital, Inc.                                                            | CUSIP: 427096AL6<br>LEI: 549300UJ5OC256GR2B73 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21090.30     | 0.02%             | 2028-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                   | Hess Midstream Operations LP                                                      | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $152134.95    | 0.15%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                   | Hess Midstream Operations LP                                                      | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $51831.10     | 0.05%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                   | Hess Midstream Operations LP                                                      | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $35783.27     | 0.04%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.                            | Hilton Domestic Operating Co., Inc.                                               | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    115000 | PA      | $117750.80    | 0.12%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illumina, Inc.                                                 | Illumina, Inc.                                                                    | CUSIP: 452327AQ2<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75265.42     | 0.08%             | 2026-09-09      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                    | Crescent Energy Finance LLC                                                       | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    105000 | PA      | $104364.75    | 0.10%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Ionis Pharmaceuticals, Inc.                                    | Ionis Pharmaceuticals, Inc.                                                       | CUSIP: 462222AG5<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |    120000 | PA      | $128100.00    | 0.13%             | 2030-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IREN Ltd.                                                      | IREN Ltd.                                                                         | CUSIP: 46270CAE9<br>LEI: 254900FZF02RB3NNGB71 | Long             | DBT              | CORP              | AU        |     10000 | PA      | $7430.00      | 0.01%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Itron, Inc.                                                    | Itron, Inc.                                                                       | CUSIP: 465741AQ9<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59774.38     | 0.06%             | 2030-07-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| JBS USA Holding Lux SARL / JBS USA Food Co. / JBS Lux Co. SARL | JBS USA Holding Lux SARL / JBS USA Food Co. / JBS Lux Co. SARL                    | CUSIP: 46590XAN6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     73000 | PA      | $70334.16     | 0.07%             | 2029-02-02      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JPMDB Commercial Mortgage Securities Trust                     | JPMDB Commercial Mortgage Securities Trust, Series 2018-C8, Class C               | CUSIP: 46591ABG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    123000 | PA      | $112210.22    | 0.11%             | 2051-06-15      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| JH North America Holdings, Inc.                                | JH North America Holdings, Inc.                                                   | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10220.75     | 0.01%             | 2031-01-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JH North America Holdings, Inc.                                | JH North America Holdings, Inc.                                                   | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35948.57     | 0.04%             | 2032-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust         | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2007-CB20, Class E | CUSIP: 46631QAT9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      7673 | PA      | $10859.32     | 0.01%             | 2051-02-12      | Variable      | 8.53%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                     | JPMBB Commercial Mortgage Securities Trust, Series 2013-C12, Class D              | CUSIP: 46639NAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    140000 | PA      | $130795.00    | 0.13%             | 2045-07-15      | Variable      | 3.94%                 | No            |                  2 | On Loan: No      |
| J.P. Morgan Chase Commercial Mortgage Securities Trust         | J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class D | CUSIP: 46639YAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    127000 | PA      | $8002.33      | 0.01%             | 2046-04-15      | Variable      | 4.19%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                     | JPMBB Commercial Mortgage Securities Trust, Series 2014-C18, Class D              | CUSIP: 46641JAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    152000 | PA      | $138299.53    | 0.14%             | 2047-02-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                     | JPMBB Commercial Mortgage Securities Trust, Series 2014-C23, Class B              | CUSIP: 46643ABK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    110000 | PA      | $107024.08    | 0.11%             | 2047-09-15      | Variable      | 4.54%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                     | JPMBB Commercial Mortgage Securities Trust, Series 2016-C1, Class A5              | CUSIP: 46645LAY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     22291 | PA      | $22249.90     | 0.02%             | 2049-03-17      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                           | JPMorgan Chase & Co.                                                              | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    540000 | PA      | $548636.41    | 0.55%             | 2027-10-22      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |    800600 | PA      | $87559.25     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | FR        |    288900 | PA      | $6304.47      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   1218400 | PA      | $18171.44     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   1311400 | PA      | $228050.19    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   3171600 | PA      | $12056.64     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | FR        |  27000000 | PA      | $126037.07    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    867000 | PA      | $110138.86    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | FR        |    288900 | PA      | $9735.17      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   1218400 | PA      | $22676.92     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |    971300 | PA      | $29880.94     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | FR        | -40500000 | PA      | $-18632.79    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |   1703900 | PA      | $35652.08     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |    800600 | PA      | $20860.80     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   2121400 | PA      | $4156.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   3171600 | PA      | $65337.12     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   1311400 | PA      | $9227.08      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |    971300 | PA      | $27991.80     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |   1703900 | PA      | $220752.74    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |   2121400 | PA      | $461457.78    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   1735300 | PA      | $22835.23     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |      3000 | PA      | $116.31       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     15000 | PA      | $273.54       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    210000 | PA      | $25480.87     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    544000 | PA      | $-29942.21    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     95000 | PA      | $-13802.85    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     80000 | PA      | $2106.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     91000 | PA      | $89.05        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    182000 | PA      | $-14773.91    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |     16000 | PA      | $971.70       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    132000 | PA      | $8874.75      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     51000 | PA      | $1774.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    430000 | PA      | $188239.52    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     25000 | PA      | $1506.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    202000 | PA      | $94423.61     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    111000 | PA      | $13468.47     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     81000 | PA      | $4695.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |     27000 | PA      | $1639.74      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    132000 | PA      | $9241.45      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    283000 | PA      | $28577.66     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    329000 | PA      | $-34207.62    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    111000 | PA      | $-49295.66    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    719000 | PA      | $69628.84     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    210000 | PA      | $25480.87     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    163000 | PA      | $-15740.67    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |     81200 | PA      | $6259.06      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |     81200 | PA      | $10665.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance, Inc.                          | Jane Street Group / JSG Finance, Inc.                                             | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $276780.93    | 0.28%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    714100 | PA      | $17790.77     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings LLC                                 | Jefferson Capital Holdings LLC                                                    | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $274266.98    | 0.27%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    303600 | PA      | $48295.71     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |     56400 | PA      | $6531.82      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |     56400 | PA      | $5345.62      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    124000 | PA      | $-870.07      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    124000 | PA      | $-816.33      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    124000 | PA      | $-2392.17     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    124000 | PA      | $2119.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |     81000 | PA      | $-540.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    608700 | PA      | $4861.44      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    248000 | PA      | $-210.80      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    124000 | PA      | $-1937.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | GB        |    133000 | PA      | $4252.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JBT Marel Corp.                                                | JBT Marel Corp.                                                                   | CUSIP: 477839AD6<br>LEI: 5493007CT6ATBZ2L6826 | Long             | DBT              | CORP              | US        |     21000 | PA      | $21798.00     | 0.02%             | 2030-09-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    137100 | PA      | $16571.99     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    137100 | PA      | $14007.86     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Jones Deslauriers Insurance Management, Inc.                   | Jones Deslauriers Insurance Management, Inc.                                      | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    115000 | PA      | $120612.35    | 0.12%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    600000 | PA      | $48798.15     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |    600000 | PA      | $37419.06     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | FR        | -14403400 | PA      | $-98579.50    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | SOP                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | FR        |   8354000 | PA      | $96245.05     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDSCMBX                                                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |    321000 | PA      | $-481.49      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kedrion SpA                                                    | Kedrion SpA                                                                       | CUSIP: 49272YAB9<br>LEI: 81560047FA58E1BEDF67 | Long             | DBT              | CORP              | IT        |    295000 | PA      | $290880.13    | 0.29%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                                            | Kinder Morgan, Inc.                                                               | CUSIP: 494553AD2<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    165000 | PA      | $168867.50    | 0.17%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kinetik Holdings LP                                            | Kinetik Holdings LP                                                               | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    265000 | PA      | $267535.97    | 0.27%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                        | Kodiak Gas Services LLC                                                           | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51086.64     | 0.05%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                        | Kodiak Gas Services LLC                                                           | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36003.77     | 0.04%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works, Inc.                                        | Bath & Body Works, Inc.                                                           | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    260000 | PA      | $263304.11    | 0.26%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Liberty Media Corp.-Liberty Formula One Corp.                  | Liberty Media Corp.-Liberty Formula One Corp.                                     | CUSIP: 531229AQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $74782.50     | 0.07%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Live Nation Entertainment, Inc.                                | Live Nation Entertainment, Inc.                                                   | CUSIP: 538034BA6<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     21000 | PA      | $30565.50     | 0.03%             | 2029-01-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Live Nation Entertainment, Inc.                                | Live Nation Entertainment, Inc.                                                   | CUSIP: 538034BC2<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     47000 | PA      | $49491.00     | 0.05%             | 2030-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| LSTAR Commercial Mortgage Trust                                | LSTAR Commercial Mortgage Trust, Series 2017-5, Class A5                          | CUSIP: 54910TAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $236961.72    | 0.24%             | 2050-03-10      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Lumentum Holdings, Inc.                                        | Lumentum Holdings, Inc.                                                           | CUSIP: 55024UAJ8<br>LEI: 549300JLWRRC38DWEF52 | Long             | DBT              | CORP              | US        |     38000 | PA      | $81415.00     | 0.08%             | 2032-03-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| MKS, Inc.                                                      | MKS, Inc.                                                                         | CUSIP: 55306NAB0<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |     42000 | PA      | $53676.00     | 0.05%             | 2030-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corp.               | MPT Operating Partnership LP / MPT Finance Corp.                                  | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $165645.16    | 0.17%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Matador Resources Co.                                          | Matador Resources Co.                                                             | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    265000 | PA      | $271830.64    | 0.27%             | 2028-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Mattel, Inc.                                                   | Mattel, Inc.                                                                      | CUSIP: 577081BF8<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    155000 | PA      | $151301.87    | 0.15%             | 2029-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                                    | McGraw-Hill Education, Inc.                                                       | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     68000 | PA      | $68395.96     | 0.07%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MFA Trust                                                      | MFA Trust, Series 2025-NQM3, Class A1                                             | CUSIP: 58004LAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     96541 | PA      | $96853.84     | 0.10%             | 2070-08-25      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                                    | McGraw-Hill Education, Inc.                                                       | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |     92000 | PA      | $97135.62     | 0.10%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                               | CSC Holdings LLC, First Lien, Term Loan, B5                                       | CUSIP: 64072UAK8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |         0 | PA      | $0.10         | 0.00%             | 2027-04-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| Merit Medical Systems, Inc.                                    | Merit Medical Systems, Inc.                                                       | CUSIP: 589889AA2<br>LEI: 549300OYTY138SP2CE83 | Long             | DBT              | CORP              | US        |     24000 | PA      | $29028.00     | 0.03%             | 2029-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp.                                           | Meritage Homes Corp.                                                              | CUSIP: 59001ABF8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     42000 | PA      | $41516.82     | 0.04%             | 2028-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Microchip Technology, Inc.                                     | Microchip Technology, Inc.                                                        | CUSIP: 595017BG8<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30460.60     | 0.03%             | 2030-06-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Mirion Technologies, Inc.                                      | Mirion Technologies, Inc.                                                         | CUSIP: 60471AAC5<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | DBT              | CORP              | US        |     35000 | PA      | $37975.00     | 0.04%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC      | Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC                         | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $123097.86    | 0.12%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust             | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class C      | CUSIP: 61690FAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    163000 | PA      | $144435.03    | 0.14%             | 2048-04-15      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                                 | Morgan Stanley                                                                    | CUSIP: 61747YFA8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    405000 | PA      | $413478.01    | 0.41%             | 2029-02-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Re-REMIC Trust                                  | Morgan Stanley Re-REMIC Trust, Series 2010-R4, Class 4B                           | CUSIP: 61759FAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    111783 | PA      | $108359.91    | 0.11%             | 2037-02-26      | Floating      | 3.16%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust             | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C10, Class D      | CUSIP: 61762MBC4<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |    230000 | PA      | $193654.46    | 0.19%             | 2046-07-15      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust             | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C10, Class B      | CUSIP: 61762MBZ3<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |    176945 | PA      | $168996.67    | 0.17%             | 2046-07-15      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust             | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C12, Class D      | CUSIP: 61762XAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    123000 | PA      | $115011.09    | 0.11%             | 2046-10-15      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                 | Morgan Stanley Capital I Trust, Series 2016-UB11, Class C                         | CUSIP: 61767FBF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    192000 | PA      | $188726.96    | 0.19%             | 2049-08-15      | Variable      | 3.69%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital I Trust                                 | Morgan Stanley Capital I Trust, Series 2018-H3, Class C                           | CUSIP: 61767YBE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    125000 | PA      | $116819.29    | 0.12%             | 2051-07-15      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| MortgageIT Trust                                               | MortgageIT Trust, Series 2005-3, Class M2                                         | CUSIP: 61915RAN6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     20421 | PA      | $20006.45     | 0.02%             | 2035-08-25      | Floating      | 4.64%                 | No            |                  2 | On Loan: No      |
| Motorola Solutions, Inc.                                       | Motorola Solutions, Inc.                                                          | CUSIP: 620076BY4<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | DBT              | CORP              | US        |    135000 | PA      | $138363.54    | 0.14%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Multi-family Connecticut Avenue Securities Trust, Series 2019-01, Class M10  | CUSIP: 62547NAB5<br>LEI: 549300HG8ZEWVWVSN227 | Long             | ABS-MBS          | CORP              | US        |    257537 | PA      | $262144.20    | 0.26%             | 2049-10-25      | Floating      | 7.24%                 | No            |                  2 | On Loan: No      |
| FNMA                                                           | FNMA Multi-family Connecticut Avenue Securities Trust, Series 2020-01, Class M10  | CUSIP: 62548QAD3<br>LEI: 5493002KQF9IH3CTQZ40 | Long             | ABS-MBS          | CORP              | US        |    492707 | PA      | $503607.93    | 0.50%             | 2050-03-25      | Floating      | 7.74%                 | No            |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                                 | NCL Corp. Ltd.                                                                    | CUSIP: 62886HBS9<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     25000 | PA      | $27953.13     | 0.03%             | 2030-04-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                                 | NCL Corp. Ltd.                                                                    | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    120000 | PA      | $120005.87    | 0.12%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                               | NRG Energy, Inc.                                                                  | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    230000 | PA      | $236429.65    | 0.24%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                               | NRG Energy, Inc.                                                                  | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    105000 | PA      | $106445.68    | 0.11%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Economy Assets - Phase 1 Sponsor LLC                       | New Economy Assets - Phase 1 Sponsor LLC, Series 2021-1, Class A1                 | CUSIP: 643821AA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    153000 | PA      | $128177.60    | 0.13%             | 2061-10-20      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                         | Playtika Holding Corp., First Lien, CME Term Loan, B1                             | CUSIP: 72814CAF5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | LON              | CORP              | US        |     99219 | PA      | $96102.79     | 0.10%             | 2028-03-13      | Variable      | 6.58%                 | No            |                  2 | On Loan: No      |
| New York Life Global Funding                                   | New York Life Global Funding                                                      | CUSIP: 64952WFD0<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    135000 | PA      | $138162.21    | 0.14%             | 2028-06-13      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Newell Brands, Inc.                                            | Newell Brands, Inc.                                                               | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7772.25      | 0.01%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Newell Brands, Inc.                                            | Newell Brands, Inc.                                                               | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     28000 | PA      | $27380.41     | 0.03%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                          | NextEra Energy Capital Holdings, Inc.                                             | CUSIP: 65339KCY4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     43000 | PA      | $53470.50     | 0.05%             | 2027-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                    | Nigeria Government Bond                                                           | CUSIP: 65412AFF4<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    200000 | PA      | $215042.64    | 0.21%             | 2036-01-13      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| EverCommerce Solutions, Inc.                                   | EverCommerce Solutions, Inc., First Lien, CME Term Loan                           | CUSIP: 29977YAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    129661 | PA      | $130188.53    | 0.13%             | 2031-07-07      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| Madison IAQ LLC                                                | Madison IAQ LLC, First Lien, Initial CME Term Loan                                | CUSIP: 55759VAB4<br>LEI: 549300IXDNBXNHUPBU73 | Long             | LON              | CORP              | US        |    117846 | PA      | $118548.52    | 0.12%             | 2028-06-21      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Northwoods Capital 22 Ltd.                                     | Northwoods Capital 22 Ltd., Series 2020-22A, Class DRR                            | CUSIP: 66858HBG0<br>LEI: 254900SOJIZYDV6U1V46 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $254313.48    | 0.25%             | 2031-09-16      | Floating      | 8.66%                 | No            |                  2 | On Loan: No      |
| Nova Ltd.                                                      | Nova Ltd.                                                                         | CUSIP: 66982MAA2<br>LEI: 529900B2DSWE5V3SC292 | Long             | DBT              | CORP              | IL        |     21000 | PA      | $26166.00     | 0.03%             | 2030-09-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Novartis Capital Corp.                                         | Novartis Capital Corp.                                                            | CUSIP: 66989HAY4<br>LEI: 5493002KF87V5RSRQS84 | Long             | DBT              | CORP              | US        |    215000 | PA      | $214839.61    | 0.21%             | 2030-11-05      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Novelis Corp.                                                  | Novelis Corp.                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    113000 | PA      | $117389.03    | 0.12%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Nutanix, Inc.                                                  | Nutanix, Inc.                                                                     | CUSIP: 67059NAK4<br>LEI: 549300X7J6E8TKVIXW09 | Long             | DBT              | CORP              | US        |     42000 | PA      | $40614.00     | 0.04%             | 2029-12-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| OSI Systems, Inc.                                              | OSI Systems, Inc.                                                                 | CUSIP: 671044AG0<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29571.00     | 0.03%             | 2031-02-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ON Semiconductor Corp.                                         | ON Semiconductor Corp.                                                            | CUSIP: 682189AU9<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |     33000 | PA      | $31300.50     | 0.03%             | 2029-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Altar Bidco, Inc.                                              | Altar Bidco, Inc., First Lien, CME Term Loan                                      | CUSIP: 02090CAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    107884 | PA      | $106930.69    | 0.11%             | 2029-02-01      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| OneSky Flight LLC                                              | OneSky Flight LLC                                                                 | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |    110000 | PA      | $117794.07    | 0.12%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                   | Oracle Corp.                                                                      | CUSIP: 68389XDH5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     60000 | PA      | $58713.64     | 0.06%             | 2030-09-26      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Outfront Media Capital LLC / Outfront Media Capital Corp.      | Outfront Media Capital LLC / Outfront Media Capital Corp.                         | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     44000 | PA      | $46599.30     | 0.05%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                                     | Fertitta Entertainment LLC, First Lien, Initial CME Term Loan, B                  | CUSIP: 31556PAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    118779 | PA      | $118886.91    | 0.12%             | 2029-01-29      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| PK Alift Loan Funding 7 LP                                     | PK Alift Loan Funding 7 LP, Series 2025-2, Class A                                | CUSIP: 69291NAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    244196 | PA      | $245047.63    | 0.24%             | 2043-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                     | PG&E Corp.                                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    275000 | PA      | $273217.27    | 0.27%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PG&E Corp.                                                     | PG&E Corp.                                                                        | CUSIP: 69331CAL2<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     46000 | PA      | $47384.60     | 0.05%             | 2027-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PPL Capital Funding, Inc.                                      | PPL Capital Funding, Inc.                                                         | CUSIP: 69352PAS2<br>LEI: 549300MROK5WY0D2NU17 | Long             | DBT              | CORP              | US        |     58000 | PA      | $63727.50     | 0.06%             | 2028-03-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Pacific Gas and Electric Co.                                   | Pacific Gas and Electric Co.                                                      | CUSIP: 694308KL0<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    130000 | PA      | $136144.67    | 0.14%             | 2029-01-15      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Albaugh LLC                                                    | Albaugh LLC, First Lien, Initial CME Term Loan                                    | CUSIP: 01260HAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    129328 | PA      | $127172.26    | 0.13%             | 2029-04-06      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| Republic of Panama                                             | Panama Government Bond                                                            | CUSIP: 698299BX1<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    220000 | PA      | $244442.00    | 0.24%             | 2031-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TIAA Real Estate CDO Ltd.                                      | TIAA Real Estate CDO Ltd., Series 2003-1A, Class E                                | CUSIP: 88631FAA6<br>LEI: 5493005Y5RSPJ6PO8N21 | Long             | ABS-CBDO         | CORP              | KY        |    472775 | PA      | $45.39        | 0.00%             | 2038-12-28      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Parsons Corp.                                                  | Parsons Corp.                                                                     | CUSIP: 70202LAD4<br>LEI: 549300ZXH0VRBSEPX752 | Long             | DBT              | CORP              | US        |     27000 | PA      | $27823.50     | 0.03%             | 2029-03-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Patrick Industries, Inc.                                       | Patrick Industries, Inc.                                                          | CUSIP: 703343AG8<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |     25000 | PA      | $42550.00     | 0.04%             | 2028-12-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Republic of Peru                                               | Peru Government Bond                                                              | CUSIP: 715638DF6<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |    260000 | PA      | $240578.00    | 0.24%             | 2031-01-23      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                            | Petroleos Mexicanos                                                               | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |    103000 | PA      | $102789.39    | 0.10%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Petronas Capital Ltd.                                          | Petronas Capital Ltd.                                                             | CUSIP: 716743AV1<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |    230000 | PA      | $237517.86    | 0.24%             | 2031-01-03      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Pharmacia LLC                                                  | Pharmacia LLC                                                                     | CUSIP: 71713UAW2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $305909.68    | 0.31%             | 2028-12-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                              | Philip Morris International, Inc.                                                 | CUSIP: 718172DA4<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    270000 | PA      | $279194.81    | 0.28%             | 2030-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Republic of the Philippines                                    | Philippines Government Bond                                                       | CUSIP: 718286DG9<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |    220000 | PA      | $233234.18    | 0.23%             | 2035-02-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Post Holdings, Inc.                                            | Post Holdings, Inc.                                                               | CUSIP: 737446AT1<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     45000 | PA      | $48532.50     | 0.05%             | 2027-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Delek US Holdings, Inc.                                        | Delek US Holdings, Inc., First Lien, CME Term Loan, B                             | CUSIP: 24664GAF8<br>LEI: 5493003O53JMENV1N385 | Long             | LON              | CORP              | US        |    129666 | PA      | $129944.59    | 0.13%             | 2029-11-09      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| Progress Software Corp.                                        | Progress Software Corp.                                                           | CUSIP: 743312AD2<br>LEI: 549300R65B3JG6972S24 | Long             | DBT              | CORP              | US        |     36000 | PA      | $36513.00     | 0.04%             | 2030-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Protective Life Global Funding                                 | Protective Life Global Funding                                                    | CUSIP: 74368CBV5<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    175000 | PA      | $181540.89    | 0.18%             | 2028-12-08      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Putnam Short Term Investment Fund                              | Putnam Short Term Investment Fund, Class P                                        | CUSIP: 74676P664<br>LEI: 549300S9JYWEMKQCLW53 | Long             |  | RF                | US        |  20903694 | NS      | $20903693.87  | 20.86%            |  |  |  | No            |                  1 | On Loan: No      |
| Qnity Electronics, Inc.                                        | Qnity Electronics, Inc.                                                           | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35829.36     | 0.04%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics, Inc.                                        | Qnity Electronics, Inc.                                                           | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20756.03     | 0.02%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| QXO Building Products, Inc.                                    | QXO Building Products, Inc.                                                       | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    130000 | PA      | $135878.43    | 0.14%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                        | Quikrete Holdings, Inc.                                                           | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46869.08     | 0.05%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                        | Quikrete Holdings, Inc.                                                           | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104498.12    | 0.10%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corp.                    | RHP Hotel Properties LP / RHP Finance Corp.                                       | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $124532.45    | 0.12%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corp.                    | RHP Hotel Properties LP / RHP Finance Corp.                                       | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $41742.68     | 0.04%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                        | Raizen Fuels Finance SA                                                           | CUSIP: 75102XAF3<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $168250.00    | 0.17%             | 2032-07-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Repligen Corp.                                                 | Repligen Corp.                                                                    | CUSIP: 759916AD1<br>LEI: 54930006QJ0T5AUO1E71 | Long             | DBT              | CORP              | US        |     48000 | PA      | $52680.00     | 0.05%             | 2028-12-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| RB Global Holdings, Inc.                                       | RB Global Holdings, Inc.                                                          | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    158000 | PA      | $165380.97    | 0.17%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.  | Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.                     | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $40847.96     | 0.04%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Rivian Automotive, Inc.                                        | Rivian Automotive, Inc.                                                           | CUSIP: 76954AAB9<br>LEI: 25490004LNKJ84MFYY24 | Long             | DBT              | CORP              | US        |     36000 | PA      | $45337.50     | 0.05%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TGNR Intermediate Holdings LLC                                 | TGNR Intermediate Holdings LLC                                                    | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |    125000 | PA      | $124228.95    | 0.12%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rocket Cos., Inc.                                              | Rocket Cos., Inc.                                                                 | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $125264.28    | 0.12%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Romania                                                        | Romania Government Bond                                                           | CUSIP: 77586RAK6<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    400000 | PA      | $394058.94    | 0.39%             | 2027-02-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                   | Royal Caribbean Cruises Ltd.                                                      | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     72000 | PA      | $74528.18     | 0.07%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                   | Royal Caribbean Cruises Ltd.                                                      | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    143000 | PA      | $146981.93    | 0.15%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                   | Royal Caribbean Cruises Ltd.                                                      | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     50000 | PA      | $51132.20     | 0.05%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma plc                                             | Royalty Pharma plc                                                                | CUSIP: 78081BAT0<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |    160000 | PA      | $159590.11    | 0.16%             | 2031-03-25      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Rubrik, Inc.                                                   | Rubrik, Inc.                                                                      | CUSIP: 781154AC3<br>LEI: 254900TRGK2WTBYMYU27 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36426.50     | 0.04%             | 2030-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SF Abs Issuer LLC                                              | SF ABS Issuer LLC, Series 2025-1A, Class A2                                       | CUSIP: 784193AA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208000 | PA      | $203947.04    | 0.20%             | 2055-11-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SG Commercial Mortgage Securities Trust                        | SG Commercial Mortgage Securities Trust, Series 2016-C5, Class A4                 | CUSIP: 78419CAD6<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |    261000 | PA      | $258474.85    | 0.26%             | 2048-10-10      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                            | Bausch + Lomb Corp., First Lien, New CME Term Loan                                | CUSIP: C0787FAG7<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |     70737 | PA      | $70913.69     | 0.07%             | 2028-09-29      | Variable      | 7.72%                 | No            |                  2 | On Loan: No      |
| CPM Holdings, Inc.                                             | CPM Holdings, Inc., First Lien, Initial CME Term Loan                             | CUSIP: 12620BAR1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    100026 | PA      | $99692.72     | 0.10%             | 2028-09-28      | Variable      | 8.34%                 | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                        | Saluda Grade Alternative Mortgage Trust, Series 2024-RTL5, Class A1               | CUSIP: 795935AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $251977.20    | 0.25%             | 2030-04-25      | Fixed         | 7.76%                 | No            |                  2 | On Loan: No      |
| Verde Purchaser LLC                                            | Verde Purchaser LLC, First Lien, Second Refinancing CME Term Loan                 | CUSIP: 92338TAB2<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | LON              | CORP              | US        |     19556 | PA      | $19581.41     | 0.02%             | 2030-11-30      | Variable      | 7.67%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc., First Lien, CME Term Loan, J                                     | CUSIP: 89364MCA0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |     83516 | PA      | $83923.66     | 0.08%             | 2031-02-28      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                      | Seagate Data Storage Technology Pte. Ltd.                                         | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     95000 | PA      | $98051.02     | 0.10%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                      | Seagate Data Storage Technology Pte. Ltd.                                         | CUSIP: 81180LAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     92000 | PA      | $104496.48    | 0.10%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                             | Seagate HDD Cayman                                                                | CUSIP: 81180WBL4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |      9000 | PA      | $30271.50     | 0.03%             | 2028-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV Financing LLC                                          | DIRECTV Financing LLC, First Lien, 2024 Refinancing CME Term Loan, B              | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    229458 | PA      | $230538.53    | 0.23%             | 2029-08-02      | Variable      | 9.35%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                                    | Caesars Entertainment, Inc., First Lien, CME Term Loan, B1                        | CUSIP: 12768EAH9<br>LEI: 549300FA4CTCW903Y781 | Long             | LON              | CORP              | US        |    132975 | PA      | $131977.69    | 0.13%             | 2031-02-06      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| UKG, Inc.                                                      | UKG, Inc., First Lien, Initial CME Term Loan                                      | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |    118500 | PA      | $118761.29    | 0.12%             | 2031-02-10      | Variable      | 6.34%                 | No            |                  2 | On Loan: No      |
| WestJet Loyalty LP                                             | WestJet Loyalty LP, First Lien, Initial CME Term Loan                             | CUSIP: C9763HAB3<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |     98250 | PA      | $98817.89     | 0.10%             | 2031-02-14      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                           | Clear Channel Outdoor Holdings, Inc., First Lien, 2024 Refinancing CME Term Loan  | CUSIP: 18452RAF2<br>LEI: 254900XBEE6V1ENYS150 | Long             | LON              | CORP              | US        |    105000 | PA      | $105412.65    | 0.11%             | 2028-08-23      | Variable      | 7.83%                 | No            |                  2 | On Loan: No      |
| Shift4 Payments, Inc.                                          | Shift4 Payments, Inc.                                                             | CUSIP: 82452JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     48000 | PA      | $46248.00     | 0.05%             | 2027-08-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                        | Quikrete Holdings, Inc., First Lien, CME Term Loan, B2                            | CUSIP: 74839XAK5<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |    117600 | PA      | $118157.42    | 0.12%             | 2029-03-19      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                                | Sinclair Television Group, Inc.                                                   | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    160000 | PA      | $167219.20    | 0.17%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| South Bow USA Infrastructure Holdings LLC                      | South Bow USA Infrastructure Holdings LLC                                         | CUSIP: 83007CAD4<br>LEI: 254900Z1WAY7QFQ7O850 | Long             | DBT              | CORP              | US        |    135000 | PA      | $136990.94    | 0.14%             | 2029-10-01      | Fixed         | 5.03%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming, Inc.                                        | Genesee & Wyoming, Inc., First Lien, Initial CME Term Loan                        | CUSIP: 37156QAZ9<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | LON              | CORP              | US        |     79000 | PA      | $79085.72     | 0.08%             | 2031-04-10      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                                  | Smyrna Ready Mix Concrete LLC                                                     | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    255000 | PA      | $272943.79    | 0.27%             | 2031-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Snowflake, Inc.                                                | Snowflake, Inc.                                                                   | CUSIP: 833445AB5<br>LEI: 254900CJNSY1K7T53Z16 | Long             | DBT              | CORP              | US        |     64000 | PA      | $95168.00     | 0.09%             | 2027-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Solstice Advanced Materials, Inc.                              | Solstice Advanced Materials, Inc.                                                 | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |    265000 | PA      | $267494.73    | 0.27%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                       | South Africa Government Bond                                                      | CUSIP: 836205BC7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    200000 | PA      | $206434.50    | 0.21%             | 2032-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Proofpoint, Inc.                                               | Proofpoint, Inc., First Lien, CME Term Loan                                       | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    136850 | PA      | $137781.25    | 0.14%             | 2028-08-31      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Nouryon Finance BV                                             | Nouryon Finance BV, First Lien, Term Loan, B                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    115000 | PA      | $136246.07    | 0.14%             | 2028-04-03      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| Southern Co. (The)                                             | Southern Co. (The)                                                                | CUSIP: 842587DS3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    170000 | PA      | $176503.50    | 0.18%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                                  | White Cap Supply Holdings LLC, First Lien, CME Term Loan, C                       | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |    271555 | PA      | $272968.93    | 0.27%             | 2029-10-19      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP                                   | Scientific Games Holdings LP, First Lien, 2024 Refinancing Dollar CME Term Loan   | CUSIP: 80875CAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    118200 | PA      | $116279.84    | 0.12%             | 2029-04-04      | Variable      | 6.93%                 | No            |                  2 | On Loan: No      |
| Flash Charm, Inc.                                              | Flash Charm, Inc., First Lien, CME Term Loan, B2                                  | CUSIP: 45168RAT0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    118194 | PA      | $110593.88    | 0.11%             | 2028-03-02      | Variable      | 7.35%                 | No            |                  2 | On Loan: No      |
| Southern Power Co.                                             | Southern Power Co., Series A                                                      | CUSIP: 843646AX8<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44901.81     | 0.04%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chart Industries, Inc.                                         | Chart Industries, Inc., First Lien, Amendment No. 7 CME Term Loan                 | CUSIP: 16115EAT4<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | LON              | CORP              | US        |    211299 | PA      | $212567.71    | 0.21%             | 2030-03-15      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP                                              | EMRLD Borrower LP, First Lien, Second Amendment Incremental CME Term Loan         | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |    114113 | PA      | $114479.56    | 0.11%             | 2031-08-04      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Spectrum Brands, Inc.                                          | Spectrum Brands, Inc.                                                             | CUSIP: 84762LAZ8<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |     21000 | PA      | $19913.25     | 0.02%             | 2029-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems, Inc.                                       | Spirit AeroSystems, Inc.                                                          | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135253.79    | 0.13%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions, Inc.                              | Standard Building Solutions, Inc.                                                 | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82419.68     | 0.08%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions, Inc.                              | Standard Building Solutions, Inc.                                                 | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71547.13     | 0.07%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ahead DB Holdings LLC                                          | Ahead DB Holdings LLC, First Lien, CME Term Loan, B3                              | CUSIP: 00866HAH8<br>LEI: 254900L07WFL833JX193 | Long             | LON              | CORP              | US        |     48911 | PA      | $48919.30     | 0.05%             | 2031-02-03      | Variable      | 6.17%                 | No            |                  2 | On Loan: No      |
| Kenan Advantage Group, Inc. (The)                              | Kenan Advantage Group, Inc. (The), First Lien, U.S. CME Term Loan, B4             | CUSIP: 48853UBQ2<br>LEI: 549300GVUXCXDWYPIY65 | Long             | LON              | CORP              | US        |    129671 | PA      | $128763.19    | 0.13%             | 2029-01-25      | Variable      | 6.97%                 | No            |                  2 | On Loan: No      |
| Station Casinos LLC                                            | Station Casinos LLC                                                               | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    165000 | PA      | $156565.32    | 0.16%             | 2031-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Stonex Escrow Issuer LLC                                       | Stonex Escrow Issuer LLC                                                          | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $67464.61     | 0.07%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Investments II Trust                 | Structured Asset Mortgage Investments II Trust, Series 2007-AR1, Class 2A1        | CUSIP: 86362XAP3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    162128 | PA      | $147177.94    | 0.15%             | 2037-01-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                      | Sunoco LP                                                                         | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    116000 | PA      | $118880.58    | 0.12%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                             | T-Mobile USA, Inc.                                                                | CUSIP: 87264ABV6<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    545000 | PA      | $531315.71    | 0.53%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| T-Mobile USA, Inc.                                             | T-Mobile USA, Inc.                                                                | CUSIP: 87264ACA1<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |    145000 | PA      | $139247.56    | 0.14%             | 2028-02-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings, Inc.                                    | Endo Finance Holdings, Inc., First Lien, 2024 Refinancing CME Term Loan           | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    109171 | PA      | $108461.24    | 0.11%             | 2031-04-23      | Variable      | 7.47%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp.                                          | Targa Resources Corp.                                                             | CUSIP: 87612GAE1<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    130000 | PA      | $136898.20    | 0.14%             | 2029-03-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Communities, Inc.                              | Taylor Morrison Communities, Inc.                                                 | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    276000 | PA      | $277905.50    | 0.28%             | 2030-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Great Canadian Gaming Corp.                                    | Great Canadian Gaming Corp., First Lien, CME Term Loan, B                         | CUSIP: C4111RAJ4<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    100000 | PA      | $98562.50     | 0.10%             | 2029-11-01      | Variable      | 8.44%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                                         | Tenet Healthcare Corp.                                                            | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    260000 | PA      | $270672.74    | 0.27%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                                         | Tenet Healthcare Corp.                                                            | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51510.95     | 0.05%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Terex Corp.                                                    | Terex Corp.                                                                       | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66735.89     | 0.07%             | 2032-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Terawulf, Inc.                                                 | Terawulf, Inc.                                                                    | CUSIP: 88080TAE4<br>LEI: 254900CVMW1SX2T78A64 | Long             | DBT              | CORP              | US        |     93000 | PA      | $80677.50     | 0.08%             | 2032-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III BV                 | Teva Pharmaceutical Finance Netherlands III BV                                    | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    249000 | PA      | $287019.83    | 0.29%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   2972000 | PA      | $-86958.47    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    170000 | PA      | $-9426.72     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    623000 | PA      | $9957.81      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   3053000 | PA      | $71782.08     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  50420000 | PA      | $-77328.91    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  14206000 | PA      | $-22338.44    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    575000 | PA      | $-79705.43    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    465000 | PA      | $24455.40     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   4027000 | PA      | $95963.53     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   4797000 | PA      | $-141084.37   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   2234100 | PA      | $7211.33      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   2311000 | PA      | $18035.56     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  10406000 | PA      | $-3827.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | CDI                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCR              |  | US        |   4519000 | PA      | $-10194.07    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   2135000 | PA      | $12844.81     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    932000 | PA      | $18614.99     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   3479000 | PA      | $9407.32      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  14450000 | PA      | $-1490.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   1108000 | PA      | $-1006.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   6492000 | PA      | $-3845.30     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    751000 | PA      | $831.10       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    948000 | PA      | $251.59       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    269000 | PA      | $-433.95      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   1435000 | PA      | $1916.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   1568000 | PA      | $-4488.48     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   1071000 | PA      | $-4427.36     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   2144000 | PA      | $-8391.78     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    271000 | PA      | $-39.34       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |   2248000 | PA      | $387.15       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | IRS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    370000 | PA      | $1687.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  78831000 | PA      | $8011.03      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |  15791000 | PA      | $-6005.32     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                            | OIS                                                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |    991000 | PA      | $-7123.13     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CQP Holdco LP                                                  | CQP Holdco LP, First Lien, Initial CME Term Loan                                  | CUSIP: 12657QAE3<br>LEI: 549300LPL012JY5D4B69 | Long             | LON              | CORP              | US        |    153344 | PA      | $154055.81    | 0.15%             | 2030-12-31      | Variable      | 5.67%                 | No            |                  2 | On Loan: No      |
| Phoenix Guarantor, Inc.                                        | Phoenix Guarantor, Inc., First Lien, CME Term Loan, B5                            | CUSIP: 71913BAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    117908 | PA      | $118617.89    | 0.12%             | 2031-02-21      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| CRC Insurance Group LLC                                        | CRC Insurance Group LLC, First Lien, CME Term Loan, B                             | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    130000 | PA      | $130379.60    | 0.13%             | 2031-05-06      | Variable      | 6.42%                 | No            |                  2 | On Loan: No      |
| Flutter Financing BV                                           | Flutter Financing BV, First Lien, 2024 Refinancing CME Term Loan, B               | CUSIP: N3313EAG5<br>LEI: 635400VFWPBIKJK6GN11 | Long             | LON              | CORP              | NL        |     63700 | PA      | $63726.44     | 0.06%             | 2030-12-02      | Variable      | 5.42%                 | No            |                  2 | On Loan: No      |
| McAfee Corp.                                                   | McAfee Corp., First Lien, CME Term Loan, B1                                       | CUSIP: 57906HAF4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | LON              | CORP              | US        |    128378 | PA      | $118895.59    | 0.12%             | 2029-03-01      | Variable      | 6.72%                 | No            |                  2 | On Loan: No      |
| CommScope, Inc.                                                | CommScope, Inc., First Lien, Initial CME Term Loan                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    115000 | PA      | $115365.70    | 0.12%             | 2029-12-18      | Variable      | 8.47%                 | No            |                  2 | On Loan: No      |
| Toll Brothers Finance Corp.                                    | Toll Brothers Finance Corp.                                                       | CUSIP: 88947EAU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $142695.60    | 0.14%             | 2029-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                                    | Toronto-Dominion Bank (The)                                                       | CUSIP: 89115A2V3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $96189.97     | 0.10%             | 2026-12-11      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                                      | Towd Point Mortgage Trust, Series 2019-2, Class A2                                | CUSIP: 89177JAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    202000 | PA      | $185828.04    | 0.19%             | 2058-12-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                              | Clarios Global LP, First Lien, Amendment No. 6 Dollar CME Term Loan               | CUSIP: C8000CAP8<br>LEI: 549300474L1ZLXZY2P98 | Long             | LON              | CORP              | US        |     35386 | PA      | $35612.96     | 0.04%             | 2032-01-28      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Hunter Douglas, Inc.                                           | Hunter Douglas, Inc., First Lien, CME Term Loan, B1                               | CUSIP: N8137FAE0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    107170 | PA      | $107896.98    | 0.11%             | 2032-01-16      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc.                                                                   | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     90000 | PA      | $94232.40     | 0.09%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc.                                                                   | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36458.42     | 0.04%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc.                                                                   | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15573.02     | 0.02%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                | TransDigm, Inc.                                                                   | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41692.77     | 0.04%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Banijay Entertainment SAS                                      | Banijay Entertainment SAS, First Lien, CME Term Loan, B3                          | CUSIP: F6456UAE3<br>LEI: 5493008PW5N0VVCH7279 | Long             | LON              | CORP              | FR        |     44530 | PA      | $44947.90     | 0.04%             | 2028-03-01      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                  | Transocean International Ltd.                                                     | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |    135000 | PA      | $141127.38    | 0.14%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                                  | Smyrna Ready Mix Concrete LLC, First Lien, 2025 CME Term Loan                     | CUSIP: 83283EAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     14577 | PA      | $14685.94     | 0.01%             | 2029-03-30      | Variable      | 6.92%                 | No            |                  2 | On Loan: No      |
| Rand Parent LLC                                                | Rand Parent LLC, First Lien, CME Term Loan, B                                     | CUSIP: 75223LAD8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    116067 | PA      | $116558.32    | 0.12%             | 2030-03-18      | Variable      | 6.67%                 | No            |                  2 | On Loan: No      |
| Republic of Turkiye (The)                                      | Turkiye Government Bond                                                           | CUSIP: 900123DJ6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    200000 | PA      | $229149.29    | 0.23%             | 2030-07-13      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Tyler Technologies, Inc.                                       | Tyler Technologies, Inc.                                                          | CUSIP: 902252AB1<br>LEI: 25490040SMU4Z8LBCW70 | Long             | DBT              | CORP              | US        |     36000 | PA      | $36486.00     | 0.04%             | 2026-03-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| TK Elevator Midco GmbH                                         | TK Elevator Midco GmbH, First Lien, CME Term Loan, B1                             | CUSIP: D9000BAJ1<br>LEI: 549300C2AFWPAYWS5574 | Long             | LON              | CORP              | DE        |     76182 | PA      | $76742.00     | 0.08%             | 2030-04-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Uber Technologies, Inc.                                        | Uber Technologies, Inc., Series 2028                                              | CUSIP: 90353TAM2<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     58000 | PA      | $75371.00     | 0.08%             | 2028-12-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                                     | AAdvantage Loyalty IP Ltd., First Lien, CME Term Loan                             | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    204381 | PA      | $205122.35    | 0.20%             | 2028-04-20      | Variable      | 6.13%                 | No            |                  2 | On Loan: No      |
| Under Armour, Inc.                                             | Under Armour, Inc.                                                                | CUSIP: 904311AD9<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55190.89     | 0.06%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                          | United Airlines, Inc.                                                             | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |     87000 | PA      | $86683.98     | 0.09%             | 2029-04-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| United Rentals North America, Inc.                             | United Rentals North America, Inc.                                                | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     51000 | PA      | $49470.93     | 0.05%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                       | U.S. Treasury Bills                                                               | CUSIP: 912797SG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    136000 | PA      | $135760.01    | 0.14%             | 2026-01-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| United States of America                                       | U.S. Treasury Note                                                                | CUSIP: 91282CAY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    133000 | PA      | $133000.00    | 0.13%             | 2027-11-30      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                                     | AAdvantage Loyalty IP Ltd., First Lien, 2025 Incremental CME Term Loan            | CUSIP: 02376CBT1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      9950 | PA      | $10012.24     | 0.01%             | 2032-05-28      | Variable      | 7.13%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | Venture Global Plaquemines LNG LLC                                                | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     15000 | PA      | $16215.84     | 0.02%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | Venture Global Plaquemines LNG LLC                                                | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     15000 | PA      | $16432.33     | 0.02%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | Venture Global Plaquemines LNG LLC                                                | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25618.75     | 0.03%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | Venture Global Plaquemines LNG LLC                                                | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40990.41     | 0.04%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                       | Venture Global LNG, Inc.                                                          | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    260000 | PA      | $258701.53    | 0.26%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Veritiv Operating Co.                                          | Veritiv Operating Co.                                                             | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |     25000 | PA      | $26911.58     | 0.03%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| First Eagle Holdings, Inc.                                     | First Eagle Holdings, Inc., First Lien, Initial CME Term Loan                     | CUSIP: 32009UAD9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    119583 | PA      | $119575.56    | 0.12%             | 2032-08-16      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| VICI Properties LP                                             | VICI Properties LP                                                                | CUSIP: 925650AC7<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |    275000 | PA      | $278373.68    | 0.28%             | 2030-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Bausch + Lomb Corp.                                            | Bausch + Lomb Corp., First Lien, Third Amendment CME Term Loan                    | CUSIP: C0787FAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | CA        |    183538 | PA      | $185694.30    | 0.19%             | 2031-01-15      | Variable      | 7.97%                 | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd.                                            | Viking Cruises Ltd.                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    105000 | PA      | $112496.48    | 0.11%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Viper Energy Partners LLC                                      | Viper Energy Partners LLC                                                         | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |     16000 | PA      | $16338.40     | 0.02%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Virginia Electric and Power Co.                                | Virginia Electric and Power Co., Series A                                         | CUSIP: 927804GB4<br>LEI: CQKUMNNZVDJLRYV2PT43 | Long             | DBT              | CORP              | US        |    295000 | PA      | $283257.43    | 0.28%             | 2029-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                      | Vistra Operations Co. LLC                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    155000 | PA      | $153130.65    | 0.15%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                      | Vistra Operations Co. LLC                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    120000 | PA      | $126466.83    | 0.13%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC                        | Volkswagen Group of America Finance LLC                                           | CUSIP: 928668BN1<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190865.74    | 0.19%             | 2027-11-24      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                | WFRBS Commercial Mortgage Trust, Series 2013-C15, Class D                         | CUSIP: 92938CAL1<br>LEI: 5493003CHVRASC16O965 | Long             | ABS-MBS          | CORP              | US        |    149260 | PA      | $85825.95     | 0.09%             | 2046-08-15      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| Froneri US, Inc.                                               | Froneri US, Inc., First Lien, CME Term Loan, B6                                   | CUSIP: G3679YAM4<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    130000 | PA      | $130181.35    | 0.13%             | 2032-09-30      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| WaMu Asset-Backed Certificates Trust                           | WaMu Asset-Backed Certificates Trust, Series 2007-HE4, Class 1A                   | CUSIP: 93363XAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     98500 | PA      | $74925.81     | 0.07%             | 2047-07-25      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| Southern Veterinary Partners LLC                               | Southern Veterinary Partners LLC, First Lien, 2025 New CME Term Loan              | CUSIP: 84410HAQ3<br>LEI: 549300DT78GYJYRK0R74 | Long             | LON              | CORP              | US        |    129675 | PA      | $129663.98    | 0.13%             | 2031-12-04      | Variable      | 6.37%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                            | Medline Borrower LP, First Lien, 2028 Refinancing CME Term Loan                   | CUSIP: 58503UAH6<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |     19898 | PA      | $19979.42     | 0.02%             | 2028-10-23      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| Filtration Group Corp.                                         | Filtration Group Corp., First Lien, 2025 Incremental Dollar CME Term Loan, B      | CUSIP: 31732FAX4<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |    105072 | PA      | $105761.17    | 0.11%             | 2028-10-23      | Variable      | 6.47%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                              | Alliant Holdings Intermediate LLC, First Lien, Initial CME Term Loan              | CUSIP: 01881UAN5<br>LEI: 5493006Q26653NF8SI73 | Long             | LON              | CORP              | US        |    117910 | PA      | $118309.62    | 0.12%             | 2031-09-19      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| WaMu Asset-Backed Certificates Trust                           | WaMu Asset-Backed Certificates Trust, Series 2006-HE2, Class A3                   | CUSIP: 93934JAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    329828 | PA      | $261929.75    | 0.26%             | 2036-05-25      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Waystar Technologies, Inc.                                     | Waystar Technologies, Inc., First Lien, Initial CME Term Loan                     | CUSIP: 63939WAN3<br>LEI: 549300BIRBTAWWHCSZ09 | Long             | LON              | CORP              | US        |     54976 | PA      | $55388.31     | 0.06%             | 2029-10-22      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| Waste Pro USA, Inc.                                            | Waste Pro USA, Inc.                                                               | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    240000 | PA      | $247635.75    | 0.25%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Wayfair, Inc.                                                  | Wayfair, Inc.                                                                     | CUSIP: 94419LAP6<br>LEI: 54930027N9ZAVYFDHK53 | Long             | DBT              | CORP              | US        |     43000 | PA      | $71649.89     | 0.07%             | 2027-09-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                    | Wayfair LLC                                                                       | CUSIP: 94419NAC1<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    100000 | PA      | $102925.00    | 0.10%             | 2032-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Deep Blue Operating I LLC                                      | Deep Blue Operating I LLC, First Lien, Initial CME Term Loan                      | CUSIP: 24369TAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     25855 | PA      | $25979.05     | 0.03%             | 2032-10-01      | Variable      | 6.59%                 | No            |                  2 | On Loan: No      |
| Pinnacle Buyer LLC                                             | Pinnacle Buyer LLC, First Lien, Initial CME Term Loan, B                          | CUSIP: 72349UAB8<br>LEI: 254900F51XXB8NHJPB58 | Long             | LON              | CORP              | US        |     37990 | PA      | $38180.49     | 0.04%             | 2032-10-01      | Variable      | 6.49%                 | No            |                  2 | On Loan: No      |
| Owens-Brockway Glass Container, Inc.                           | Owens-Brockway Glass Container, Inc., First Lien, CME Term Loan, B1               | CUSIP: 69074LAE9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     64293 | PA      | $64925.74     | 0.06%             | 2032-09-30      | Variable      | 6.84%                 | No            |                  2 | On Loan: No      |
| Peer Holding III BV                                            | Peer Holding III BV, First Lien, CME Term Loan, B8                                | CUSIP: N6872NAQ9<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |     59438 | PA      | $59624.00     | 0.06%             | 2032-09-29      | Variable      | 6.19%                 | No            |                  2 | On Loan: No      |
| Clean Harbors, Inc.                                            | Clean Harbors, Inc., First Lien, Initial CME Term Loan                            | CUSIP: 18449EAJ9<br>LEI: 5493000SJVZVZJKHJF48 | Long             | LON              | CORP              | US        |     94817 | PA      | $95784.77     | 0.10%             | 2032-10-11      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Weekley Homes LLC / Weekley Finance Corp.                      | Weekley Homes LLC / Weekley Finance Corp.                                         | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $118438.20    | 0.12%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                          | Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class D                  | CUSIP: 94988QAU5<br>LEI: 549300V2DF3KW9L1CV04 | Long             | ABS-MBS          | CORP              | US        |    293000 | PA      | $199972.50    | 0.20%             | 2046-07-15      | Variable      | 3.79%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                          | Wells Fargo Commercial Mortgage Trust, Series 2014-LC16, Class D                  | CUSIP: 94988XAC0<br>LEI: 549300PX4QZK7CUM8D08 | Long             | ABS-MBS          | CORP              | US        |    230120 | PA      | $27847.34     | 0.03%             | 2050-08-15      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                          | Wells Fargo Commercial Mortgage Trust, Series 2015-C31, Class D                   | CUSIP: 94989WBB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     74000 | PA      | $65564.00     | 0.07%             | 2048-11-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                              | Wells Fargo & Co.                                                                 | CUSIP: 95000U3E1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    265000 | PA      | $274630.86    | 0.27%             | 2029-07-25      | Fixed         | 5.57%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                          | Wells Fargo Commercial Mortgage Trust, Series 2019-C52, Class XA                  | CUSIP: 95002MAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1790249 | PA      | $78778.31     | 0.08%             | 2052-08-15      | Variable      | 1.57%                 | No            |                  2 | On Loan: No      |
| Welltower OP LLC                                               | Welltower OP LLC                                                                  | CUSIP: 95041AAB4<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |     33000 | PA      | $64713.00     | 0.06%             | 2028-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Welltower OP LLC                                               | Welltower OP LLC                                                                  | CUSIP: 95041AAD0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |     32000 | PA      | $48400.00     | 0.05%             | 2029-07-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| WESCO Distribution, Inc.                                       | WESCO Distribution, Inc.                                                          | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     30000 | PA      | $31341.27     | 0.03%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| URSA Minor US Bidco LLC                                        | URSA Minor US Bidco LLC, First Lien, Second Amendment Refinancing CME Term Loan   | CUSIP: 91728NAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     49501 | PA      | $49729.14     | 0.05%             | 2031-03-26      | Variable      | 6.09%                 | No            |                  2 | On Loan: No      |
| IRB Holding Corp.                                              | IRB Holding Corp., First Lien, 2025 Replacement CME Term Loan, B                  | CUSIP: 44988LAM9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    153524 | PA      | $154055.49    | 0.15%             | 2030-12-16      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| DXP Enterprises, Inc.                                          | DXP Enterprises, Inc., First Lien, Initial CME Term Loan                          | CUSIP: 23338DAS5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     32419 | PA      | $32742.94     | 0.03%             | 2030-10-11      | Variable      | 7.17%                 | No            |                  2 | On Loan: No      |
| Bradyplus Holdings LLC                                         | Bradyplus Holdings LLC, First Lien, Initial CME Term Loan                         | CUSIP: 10480UAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    130000 | PA      | $128835.20    | 0.13%             | 2032-12-13      | Variable      | 7.19%                 | No            |                  2 | On Loan: No      |
| WisdomTree, Inc.                                               | WisdomTree, Inc.                                                                  | CUSIP: 97717PAJ3<br>LEI: 549300WIU8IS7UFO7871 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20570.00     | 0.02%             | 2030-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Workiva, Inc.                                                  | Workiva, Inc.                                                                     | CUSIP: 98139AAD7<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24731.25     | 0.02%             | 2028-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| WULF Compute LLC                                               | WULF Compute LLC                                                                  | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $77325.63     | 0.08%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.          | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.                             | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $249021.68    | 0.25%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                         | XHR LP                                                                            | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |    110000 | PA      | $113666.85    | 0.11%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Zegona Finance plc                                             | Zegona Finance plc                                                                | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $212744.40    | 0.21%             | 2029-07-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Australian Dollar                                              | Australian Dollar                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |     38911 | OU      | $25967.10     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Iraq                                               | Iraq Government Bond                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | IQ        |    206250 | PA      | $205627.42    | 0.21%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Southern Gas Corridor CJSC                                     | Southern Gas Corridor CJSC                                                        | CUSIP: N/A<br>LEI: 213800DG58KG59XY6318       | Long             | DBT              | NUSS              | AZ        |    220000 | PA      | $221904.88    | 0.22%             | 2026-03-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Perusahaan Perseroan Persero PT Perusahaan Listrik Negara      | Perusahaan Perseroan Persero PT Perusahaan Listrik Negara                         | CUSIP: 71568QAE7<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $205138.20    | 0.20%             | 2028-05-21      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                             | Dominican Republic Government Bond                                                | CUSIP: N/A<br>LEI: 254900EHU7Q8FGVPI369       | Long             | DBT              | NUSS              | DO        |    420000 | PA      | $430773.00    | 0.43%             | 2028-07-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                         | Egypt Government Bond                                                             | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    260000 | PA      | $278225.05    | 0.28%             | 2029-03-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| Republic of Costa Rica                                         | Costa Rica Government Bond                                                        | CUSIP: N/A<br>LEI: 549300S1EK2VN6XVJP58       | Long             | DBT              | NUSS              | CR        |    400000 | PA      | $422500.00    | 0.42%             | 2031-02-19      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Power Finance Corp. Ltd.                                       | Power Finance Corp. Ltd.                                                          | CUSIP: 73928RAB2<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | DBT              | NUSS              | IN        |    250000 | PA      | $243870.94    | 0.24%             | 2030-04-23      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Braskem Idesa SAPI                                             | Braskem Idesa SAPI                                                                | CUSIP: N/A<br>LEI: YH0V7ZHY352ITDGEYB83       | Long             | DBT              | CORP              | MX        |    200000 | PA      | $117000.00    | 0.12%             | 2029-11-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| Gabonese Republic                                              | Gabon Government Bond                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | GA        |    230000 | PA      | $178999.96    | 0.18%             | 2031-02-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Republic of Armenia                                            | Armenia Government Bond                                                           | CUSIP: N/A<br>LEI: 5299000H77JSW90G7935       | Long             | DBT              | NUSS              | AM        |    200000 | PA      | $182413.35    | 0.18%             | 2031-02-02      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                                     | Vmed O2 UK Financing I plc                                                        | CUSIP: N/A<br>LEI: 213800MRR46ECNGZ7L69       | Long             | DBT              | CORP              | GB        |    135000 | PA      | $151942.88    | 0.15%             | 2031-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                                  | Brazil Government Bond                                                            | CUSIP: 105756CC2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    590000 | PA      | $564453.00    | 0.56%             | 2030-06-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd.                                            | Viking Cruises Ltd.                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    125000 | PA      | $133924.38    | 0.13%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Hungary                                                        | Hungary Government Bond                                                           | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |    400000 | PA      | $408576.00    | 0.41%             | 2029-06-16      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Verisure Midholding AB                                         | Verisure Midholding AB                                                            | CUSIP: N/A<br>LEI: 549300496LYEZ55X1M49       | Long             | DBT              | CORP              | SE        |    285000 | PA      | $336670.00    | 0.34%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Republic of Cote d'Ivoire                                      | Ivory Coast Government Bond                                                       | CUSIP: N/A<br>LEI: 254900ICW11T82O6H590       | Long             | DBT              | NUSS              | CI        |    300000 | PA      | $342714.61    | 0.34%             | 2032-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Republic of Turkiye (The)                                      | Turkiye Government Bond                                                           | CUSIP: 900123DJ6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    200000 | PA      | $229149.29    | 0.23%             | 2030-07-13      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Istanbul Metropolitan Municipality                             | Istanbul Metropolitan Municipality                                                | CUSIP: N/A<br>LEI: 213800T1VDQSNKA2MD76       | Long             | DBT              | NUSS              | TR        |    200000 | PA      | $219843.21    | 0.22%             | 2028-12-06      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Republic of Cameroon International Bond                        | Cameroon Government Bond                                                          | CUSIP: N/A<br>LEI: 54930021BO6NHYGBBV24       | Long             | DBT              | NUSS              | CM        |    190000 | PA      | $189248.78    | 0.19%             | 2032-07-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Benin Government International Bond                            | Benin Government Bond                                                             | CUSIP: N/A<br>LEI: 635400Q11P6AE5A5Y230       | Long             | DBT              | NUSS              | BJ        |    210000 | PA      | $229926.75    | 0.23%             | 2035-01-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                           | Colombia Government Bond                                                          | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |    110000 | PA      | $126938.64    | 0.13%             | 2030-11-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Paraguay Government International Bond                         | Paraguay Government Bond                                                          | CUSIP: N/A<br>LEI: 529900UXKJTJPCU0HK83       | Long             | DBT              | NUSS              | PY        |    470000 | PA      | $445573.64    | 0.44%             | 2033-06-28      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Republic of Chile                                              | Chile Government Bond                                                             | CUSIP: 168863EB0<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    200000 | PA      | $204630.00    | 0.20%             | 2029-01-22      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Hashemite Kingdom of Jordan                                    | Jordan Government Bond                                                            | CUSIP: N/A<br>LEI: 5493000JZ4MYPVMBVN50       | Long             | DBT              | NUSS              | JO        |    200000 | PA      | $210606.91    | 0.21%             | 2029-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Serbia International Bond                                      | Serbia Government Bond                                                            | CUSIP: N/A<br>LEI: 254900W94OCY91V32O78       | Long             | DBT              | NUSS              | RS        |    230000 | PA      | $246642.50    | 0.25%             | 2033-09-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Air France-KLM                                                 | Air France-KLM                                                                    | CUSIP: N/A<br>LEI: 969500AQW31GYO8JZD66       | Long             | DBT              | CORP              | FR        |    100000 | PA      | $130574.37    | 0.13%             | 2028-05-31      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Transnet SOC Ltd.                                              | Transnet SOC Ltd.                                                                 | CUSIP: N/A<br>LEI: 378900B07CD6F01EA796       | Long             | DBT              | CORP              | ZA        |    200000 | PA      | $211462.77    | 0.21%             | 2028-02-06      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Republic of Guatemala                                          | Guatemala Government Bond                                                         | CUSIP: N/A<br>LEI: 529900QKDFFU9UWW5315       | Long             | DBT              | NUSS              | GT        |    420000 | PA      | $452550.00    | 0.45%             | 2036-06-13      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan International Bond                      | Uzbekistan Government Bond                                                        | CUSIP: N/A<br>LEI: 213800L6VDKUM3TCM927       | Long             | DBT              | NUSS              | UZ        |    200000 | PA      | $215664.67    | 0.22%             | 2032-02-28      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| Romania                                                        | Romania Government Bond                                                           | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |    220000 | PA      | $256230.43    | 0.26%             | 2036-02-22      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Republic of Bulgaria                                           | Bulgaria Government Bond                                                          | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |    100000 | PA      | $121131.73    | 0.12%             | 2032-09-05      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Republic of Bulgaria                                           | Bulgaria Government Bond                                                          | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |     60000 | PA      | $59957.14     | 0.06%             | 2037-03-05      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Republic of Montenegro                                         | Montenegro Government Bond                                                        | CUSIP: N/A<br>LEI: 747800V014106FYLL014       | Long             | DBT              | NUSS              | ME        |    130000 | PA      | $154692.16    | 0.15%             | 2032-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Carnival plc                                                   | Carnival plc                                                                      | CUSIP: N/A<br>LEI: 4DR1VPDQMHD3N3QW8W95       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $119186.26    | 0.12%             | 2031-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Republic of Indonesia                                          | Indonesia Government Bond                                                         | CUSIP: N/A<br>LEI: 529900FWX0GRR7WG5W79       | Long             | DBT              | NUSS              | ID        |    200000 | PA      | $200793.50    | 0.20%             | 2027-01-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Canadian Dollar                                                | Canadian Dollar                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |     20653 | OU      | $15047.09     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                                           | EURO                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |      2344 | OU      | $2754.27      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pound Sterling                                                 | Pound Sterling                                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |     13568 | OU      | $18289.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Krone                                                | Norwegian Krone                                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |    358580 | OU      | $35573.43     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pertamina Hulu Energi PT                                       | Pertamina Hulu Energi PT                                                          | CUSIP: 74448WAA2<br>LEI: 2549003IT1KDHL64C037 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $204066.91    | 0.20%             | 2030-05-21      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                    | Beach Acquisition Bidco LLC                                                       | CUSIP: 07337JAE7<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    100000 | PA      | $119928.29    | 0.12%             | 2032-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                            | Euro-Bobl                                                                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | DE        |       -13 | NC      | $8725.50      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Krona                                                  | Swedish Krona                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |    329175 | OU      | $35754.64     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | U.S. Treasury 2 Year Notes                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -47 | NC      | $4206.41      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                            | U.S. Treasury 10 Year Ultra Bonds                                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -11 | NC      | $10736.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KazMunayGas National Co. JSC                                   | KazMunayGas National Co. JSC                                                      | CUSIP: N/A<br>LEI: 2138001H1M69RFJCSH88       | Long             | DBT              | CORP              | KZ        |    280000 | PA      | $286380.61    | 0.29%             | 2030-04-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Rand                                                           | Rand                                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ZA        |         0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Putnam Variable Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer