# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001410368-26-006673
**Filing Date:** 2026-1
**Character Count:** 397920
**Document Hash:** 070608033869b63c6c5a261771b1973c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-006673.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0001410368-26-006673

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260123

**DATE AS OF CHANGE**: 20260123

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 26556114

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4255

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Ultra Short-Term Income Fund (Series ID: S000007431)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020395 | Class A             | SADAX           |
| C000020396 | Institutional Class | SADIX           |
| C000064989 | Class C             | WUSTX           |
| C000220297 | Class A2            | WUSNX           |

## Nport-Ex

Portfolio of investments—November 30, 2025 (unaudited)

Portfolio of investments

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal | Value |
| **Agency securities: 4.84%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC | 4.50<br> %<br>| &nbsp;&nbsp; 9-1-2026 | $3503 | &nbsp;&nbsp; $3507 |
| &nbsp;&nbsp;&nbsp; FHLMC | 7.00 | &nbsp;&nbsp; 6-1-2031 | 86753 | &nbsp;&nbsp; 90895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Multifamily Structured Pass-Through Certificates <br> Series Q004 Class AFL (12 Month Treasury Average+0.74%)±<br>| 4.77 | &nbsp;&nbsp; 5-25-2044 | 477788 | &nbsp;&nbsp; 477579 |
| &nbsp;&nbsp;&nbsp; FHLMC STRIPS Series 20 Class F±± | 5.17 | &nbsp;&nbsp; 7-1-2029 | 73 | &nbsp;&nbsp; 73 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-16 Class A <br> (30 Day Average U.S. SOFR+0.46%)±<br>| 4.54 | &nbsp;&nbsp; 6-25-2029 | 626357 | &nbsp;&nbsp; 609809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-20 Class A7 <br> (30 Day Average U.S. SOFR+0.41%)±<br>| 4.49 | &nbsp;&nbsp; 12-25-2029 | 1356636 | &nbsp;&nbsp; 1321767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-27 Class A <br> (30 Day Average U.S. SOFR+0.41%)±<br>| 4.49 | &nbsp;&nbsp; 10-25-2030 | 243772 | &nbsp;&nbsp; 243645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-30 Class A7 <br> (30 Day Average U.S. SOFR+0.35%)±<br>| 4.43 | &nbsp;&nbsp; 12-25-2030 | 381918 | &nbsp;&nbsp; 365667 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-35 Class A <br> (30 Day Average U.S. SOFR+0.39%)±<br>| 4.47 | &nbsp;&nbsp; 9-25-2031 | 432180 | &nbsp;&nbsp; 431053 |
| &nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-42 Class A6 | 9.50 | &nbsp;&nbsp; 2-25-2042 | 307361 | &nbsp;&nbsp; 366750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-48 <br> Class 2A±±<br>| 4.45 | &nbsp;&nbsp; 7-25-2033 | 638334 | &nbsp;&nbsp; 610786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-54 <br> Class 4A±±<br>| 4.26 | &nbsp;&nbsp; 2-25-2043 | 337415 | &nbsp;&nbsp; 327732 |
| &nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-55 Class 1A1 | 6.50 | &nbsp;&nbsp; 3-25-2043 | 20040 | &nbsp;&nbsp; 20613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-56 Class 3AF <br> (30 Day Average U.S. SOFR+1.11%)±<br>| 5.19 | &nbsp;&nbsp; 5-25-2043 | 623400 | &nbsp;&nbsp; 625529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-62 Class 1A1 <br> (12 Month Treasury Average+1.20%)±<br>| 5.28 | &nbsp;&nbsp; 10-25-2044 | 1002117 | &nbsp;&nbsp; 922857 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-63 Class 1A1 <br> (12 Month Treasury Average+1.20%)±<br>| 5.28 | &nbsp;&nbsp; 2-25-2045 | 902620 | &nbsp;&nbsp; 878490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-66 <br> Class 2A1±±<br>| 4.63 | &nbsp;&nbsp; 1-25-2036 | 605345 | &nbsp;&nbsp; 589621 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-67 <br> Class 2A1C±±<br>| 3.87 | &nbsp;&nbsp; 3-25-2036 | 1493531 | &nbsp;&nbsp; 1413541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Structured Pass-Through Certificates Series T-67 <br> Class 1A1C±±<br>| 3.89 | &nbsp;&nbsp; 3-25-2036 | 1589636 | &nbsp;&nbsp; 1538014 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+1.95%)± | 6.08 | &nbsp;&nbsp; 5-1-2035 | 121873 | &nbsp;&nbsp; 123734 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+1.96%)± | 6.03 | &nbsp;&nbsp; 8-1-2033 | 112644 | &nbsp;&nbsp; 113107 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+1.99%)± | 5.86 | &nbsp;&nbsp; 11-1-2034 | 22816 | &nbsp;&nbsp; 23225 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.05%)± | 6.20 | &nbsp;&nbsp; 12-1-2035 | 92017 | &nbsp;&nbsp; 93745 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.10%)± | 6.33 | &nbsp;&nbsp; 10-1-2037 | 103128 | &nbsp;&nbsp; 104874 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.16%)± | 6.34 | &nbsp;&nbsp; 6-1-2033 | 199700 | &nbsp;&nbsp; 203357 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.17%)± | 6.17 | &nbsp;&nbsp; 5-1-2037 | 8282 | &nbsp;&nbsp; 8459 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.18%)± | 6.34 | &nbsp;&nbsp; 6-1-2036 | 165548 | &nbsp;&nbsp; 170737 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.19%)± | 6.37 | &nbsp;&nbsp; 1-1-2037 | 152942 | &nbsp;&nbsp; 156561 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.20%)± | 6.44 | &nbsp;&nbsp; 5-1-2035 | 44941 | &nbsp;&nbsp; 46137 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.22%)± | 6.27 | &nbsp;&nbsp; 3-1-2035 | 163305 | &nbsp;&nbsp; 168473 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.22%)± | 6.34 | &nbsp;&nbsp; 12-1-2033 | 97450 | &nbsp;&nbsp; 99439 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.23 | &nbsp;&nbsp; 11-1-2026 | 7736 | &nbsp;&nbsp; 7710 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.23 | &nbsp;&nbsp; 6-1-2035 | 42676 | &nbsp;&nbsp; 43752 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.48 | &nbsp;&nbsp; 2-1-2034 | 135066 | &nbsp;&nbsp; 138048 |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 1

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.48<br> %<br>| &nbsp;&nbsp; 4-1-2034 | $24758 | &nbsp;&nbsp; $25321 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.23%)± | 6.48 | &nbsp;&nbsp; 4-1-2034 | 32060 | &nbsp;&nbsp; 32837 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.24%)± | 6.28 | &nbsp;&nbsp; 4-1-2036 | 60734 | &nbsp;&nbsp; 62334 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.24%)± | 6.49 | &nbsp;&nbsp; 3-1-2027 | 2203 | &nbsp;&nbsp; 2197 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.24 | &nbsp;&nbsp; 12-1-2034 | 59491 | &nbsp;&nbsp; 60953 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.27 | &nbsp;&nbsp; 11-1-2035 | 225362 | &nbsp;&nbsp; 230275 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.34 | &nbsp;&nbsp; 5-1-2038 | 124258 | &nbsp;&nbsp; 127388 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.34 | &nbsp;&nbsp; 10-1-2038 | 133667 | &nbsp;&nbsp; 136748 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.35 | &nbsp;&nbsp; 5-1-2034 | 19929 | &nbsp;&nbsp; 20459 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.37 | &nbsp;&nbsp; 1-1-2037 | 17212 | &nbsp;&nbsp; 17839 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.38 | &nbsp;&nbsp; 9-1-2033 | 31240 | &nbsp;&nbsp; 32028 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.38 | &nbsp;&nbsp; 6-1-2035 | 16562 | &nbsp;&nbsp; 17111 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.41 | &nbsp;&nbsp; 4-1-2038 | 144478 | &nbsp;&nbsp; 148652 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.48 | &nbsp;&nbsp; 9-1-2038 | 315234 | &nbsp;&nbsp; 325213 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.50 | &nbsp;&nbsp; 8-1-2027 | 245 | &nbsp;&nbsp; 244 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.50 | &nbsp;&nbsp; 4-1-2032 | 20047 | &nbsp;&nbsp; 20454 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.50 | &nbsp;&nbsp; 4-1-2034 | 15447 | &nbsp;&nbsp; 15760 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.25%)± | 6.50 | &nbsp;&nbsp; 5-1-2034 | 80537 | &nbsp;&nbsp; 82522 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.26%)± | 6.38 | &nbsp;&nbsp; 4-1-2037 | 610630 | &nbsp;&nbsp; 630377 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.26%)± | 6.46 | &nbsp;&nbsp; 4-1-2038 | 200527 | &nbsp;&nbsp; 206208 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.27%)± | 6.15 | &nbsp;&nbsp; 11-1-2029 | 16137 | &nbsp;&nbsp; 16228 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.28%)± | 6.24 | &nbsp;&nbsp; 1-1-2035 | 96116 | &nbsp;&nbsp; 98641 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.28%)± | 6.41 | &nbsp;&nbsp; 7-1-2034 | 19830 | &nbsp;&nbsp; 19851 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.29%)± | 6.40 | &nbsp;&nbsp; 11-1-2027 | 18948 | &nbsp;&nbsp; 18909 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.29%)± | 6.44 | &nbsp;&nbsp; 9-1-2033 | 105465 | &nbsp;&nbsp; 107801 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.35%)± | 5.48 | &nbsp;&nbsp; 7-1-2031 | 6140 | &nbsp;&nbsp; 6131 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.35%)± | 6.35 | &nbsp;&nbsp; 7-1-2038 | 121395 | &nbsp;&nbsp; 125134 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.42 | &nbsp;&nbsp; 1-1-2028 | 428 | &nbsp;&nbsp; 428 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.44 | &nbsp;&nbsp; 7-1-2027 | 18989 | &nbsp;&nbsp; 18976 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.46 | &nbsp;&nbsp; 4-1-2032 | 174418 | &nbsp;&nbsp; 175747 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.47 | &nbsp;&nbsp; 1-1-2028 | 245 | &nbsp;&nbsp; 245 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.58 | &nbsp;&nbsp; 2-1-2035 | 79942 | &nbsp;&nbsp; 82008 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.36%)± | 6.61 | &nbsp;&nbsp; 4-1-2038 | 306339 | &nbsp;&nbsp; 316775 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.38%)± | 6.44 | &nbsp;&nbsp; 10-1-2033 | 100200 | &nbsp;&nbsp; 101118 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.38%)± | 6.54 | &nbsp;&nbsp; 2-1-2034 | 547083 | &nbsp;&nbsp; 559186 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 6.42 | &nbsp;&nbsp; 7-1-2029 | 6732 | &nbsp;&nbsp; 6767 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 6.53 | &nbsp;&nbsp; 7-1-2031 | 6984 | &nbsp;&nbsp; 7018 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 6.53 | &nbsp;&nbsp; 9-1-2031 | 19396 | &nbsp;&nbsp; 19649 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.40%)± | 6.56 | &nbsp;&nbsp; 1-1-2037 | 305816 | &nbsp;&nbsp; 316720 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.41%)± | 6.43 | &nbsp;&nbsp; 6-1-2035 | 74768 | &nbsp;&nbsp; 76055 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.47%)± | 6.47 | &nbsp;&nbsp; 7-1-2034 | 76624 | &nbsp;&nbsp; 78958 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 6.48 | &nbsp;&nbsp; 6-1-2030 | 59562 | &nbsp;&nbsp; 59885 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 6.63 | &nbsp;&nbsp; 6-1-2030 | 7167 | &nbsp;&nbsp; 7177 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 6.73 | &nbsp;&nbsp; 2-1-2030 | 13064 | &nbsp;&nbsp; 13187 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.48%)± | 6.73 | &nbsp;&nbsp; 6-1-2030 | 7788 | &nbsp;&nbsp; 7838 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.50%)± | 6.38 | &nbsp;&nbsp; 12-1-2032 | 41200 | &nbsp;&nbsp; 42307 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.52%)± | 5.77 | &nbsp;&nbsp; 11-1-2029 | 18007 | &nbsp;&nbsp; 18034 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.55%)± | 6.67 | &nbsp;&nbsp; 9-1-2029 | 8638 | &nbsp;&nbsp; 8648 |

---

See accompanying notes to portfolio of investments

2 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.61%)± | 5.99<br> %<br>| &nbsp;&nbsp; 9-1-2030 | $14850 | &nbsp;&nbsp; $14913 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.76%)± | 6.76 | &nbsp;&nbsp; 5-1-2028 | 19848 | &nbsp;&nbsp; 19936 |
| &nbsp;&nbsp;&nbsp; FHLMC (1 Year Treasury Constant Maturity+2.93%)± | 6.94 | &nbsp;&nbsp; 9-1-2030 | 4394 | &nbsp;&nbsp; 4409 |
| &nbsp;&nbsp;&nbsp; FHLMC (11th District COFI+1.25%)± | 4.20 | &nbsp;&nbsp; 1-1-2030 | 1138 | &nbsp;&nbsp; 1117 |
| &nbsp;&nbsp;&nbsp; FHLMC (11th District COFI+1.25%)± | 4.20 | &nbsp;&nbsp; 7-1-2030 | 27693 | &nbsp;&nbsp; 27136 |
| &nbsp;&nbsp;&nbsp; FHLMC (11th District COFI+1.25%)± | 4.79 | &nbsp;&nbsp; 11-1-2030 | 3542 | &nbsp;&nbsp; 3477 |
| &nbsp;&nbsp;&nbsp; FHLMC (12 Month Treasury Average+2.47%)± | 6.84 | &nbsp;&nbsp; 10-1-2029 | 17805 | &nbsp;&nbsp; 17880 |
| &nbsp;&nbsp;&nbsp; FHLMC (3 Year Treasury Constant Maturity+2.40%)± | 6.11 | &nbsp;&nbsp; 5-1-2031 | 14736 | &nbsp;&nbsp; 14772 |
| &nbsp;&nbsp;&nbsp; FHLMC (3 Year Treasury Constant Maturity+2.44%)± | 5.19 | &nbsp;&nbsp; 5-1-2032 | 7000 | &nbsp;&nbsp; 7019 |
| &nbsp;&nbsp;&nbsp; FHLMC (3 Year Treasury Constant Maturity+2.89%)± | 5.35 | &nbsp;&nbsp; 6-1-2035 | 91321 | &nbsp;&nbsp; 91950 |
| &nbsp;&nbsp;&nbsp; FHLMC (5 Year Treasury Constant Maturity+2.13%)± | 6.00 | &nbsp;&nbsp; 8-1-2029 | 2027 | &nbsp;&nbsp; 2045 |
| &nbsp;&nbsp;&nbsp; FHLMC (5 Year Treasury Constant Maturity+2.44%)± | 3.57 | &nbsp;&nbsp; 8-1-2027 | 5524 | &nbsp;&nbsp; 5464 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.51%)± | 6.01 | &nbsp;&nbsp; 2-1-2037 | 36181 | &nbsp;&nbsp; 36776 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.61%)± | 6.33 | &nbsp;&nbsp; 7-1-2044 | 54856 | &nbsp;&nbsp; 56576 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.62%)± | 3.09 | &nbsp;&nbsp; 2-1-2050 | 316888 | &nbsp;&nbsp; 320998 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.62%)± | 6.43 | &nbsp;&nbsp; 7-1-2045 | 227946 | &nbsp;&nbsp; 234949 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.67%)± | 6.54 | &nbsp;&nbsp; 8-1-2035 | 93011 | &nbsp;&nbsp; 95420 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.72%)± | 6.54 | &nbsp;&nbsp; 5-1-2037 | 334764 | &nbsp;&nbsp; 345739 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.73%)± | 6.48 | &nbsp;&nbsp; 1-1-2035 | 120903 | &nbsp;&nbsp; 123525 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.74%)± | 6.26 | &nbsp;&nbsp; 12-1-2036 | 88905 | &nbsp;&nbsp; 92175 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.75%)± | 6.43 | &nbsp;&nbsp; 6-1-2033 | 88580 | &nbsp;&nbsp; 90211 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.75%)± | 6.65 | &nbsp;&nbsp; 5-1-2033 | 36290 | &nbsp;&nbsp; 36917 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.75%)± | 6.75 | &nbsp;&nbsp; 4-1-2035 | 57810 | &nbsp;&nbsp; 59250 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.76%)± | 6.46 | &nbsp;&nbsp; 1-1-2040 | 404934 | &nbsp;&nbsp; 418781 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.76%)± | 6.55 | &nbsp;&nbsp; 9-1-2039 | 410071 | &nbsp;&nbsp; 421652 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.76%)± | 6.57 | &nbsp;&nbsp; 9-1-2037 | 85531 | &nbsp;&nbsp; 88753 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 6.40 | &nbsp;&nbsp; 6-1-2035 | 102767 | &nbsp;&nbsp; 104250 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 6.48 | &nbsp;&nbsp; 10-1-2035 | 315666 | &nbsp;&nbsp; 322393 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 6.50 | &nbsp;&nbsp; 8-1-2042 | 59444 | &nbsp;&nbsp; 61802 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.77%)± | 6.53 | &nbsp;&nbsp; 10-1-2036 | 98560 | &nbsp;&nbsp; 101578 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.78%)± | 6.43 | &nbsp;&nbsp; 11-1-2035 | 49425 | &nbsp;&nbsp; 50538 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.80%)± | 6.58 | &nbsp;&nbsp; 8-1-2037 | 381069 | &nbsp;&nbsp; 392614 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.81%)± | 6.66 | &nbsp;&nbsp; 5-1-2039 | 132897 | &nbsp;&nbsp; 136001 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.81%)± | 6.76 | &nbsp;&nbsp; 4-1-2035 | 298089 | &nbsp;&nbsp; 306355 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.82%)± | 6.56 | &nbsp;&nbsp; 9-1-2037 | 90573 | &nbsp;&nbsp; 93504 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.85%)± | 6.64 | &nbsp;&nbsp; 7-1-2038 | 300783 | &nbsp;&nbsp; 311288 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.87%)± | 6.81 | &nbsp;&nbsp; 9-1-2036 | 146374 | &nbsp;&nbsp; 150011 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.88%)± | 6.88 | &nbsp;&nbsp; 4-1-2037 | 64779 | &nbsp;&nbsp; 66587 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.91%)± | 6.78 | &nbsp;&nbsp; 3-1-2032 | 55704 | &nbsp;&nbsp; 56762 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.92%)± | 6.74 | &nbsp;&nbsp; 4-1-2035 | 314019 | &nbsp;&nbsp; 320810 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.93%)± | 6.93 | &nbsp;&nbsp; 4-1-2037 | 30150 | &nbsp;&nbsp; 30950 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+1.99%)± | 6.82 | &nbsp;&nbsp; 7-1-2036 | 90134 | &nbsp;&nbsp; 92043 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT1Y+2.07%)± | 7.01 | &nbsp;&nbsp; 3-1-2038 | 292312 | &nbsp;&nbsp; 304110 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+1.42%)± | 6.17 | &nbsp;&nbsp; 2-1-2037 | 503 | &nbsp;&nbsp; 510 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+1.69%)± | 6.32 | &nbsp;&nbsp; 1-1-2037 | 271820 | &nbsp;&nbsp; 279312 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+1.83%)± | 6.36 | &nbsp;&nbsp; 6-1-2037 | 110116 | &nbsp;&nbsp; 110352 |
| &nbsp;&nbsp;&nbsp; FHLMC (RFUCCT6M+2.12%)± | 6.52 | &nbsp;&nbsp; 5-1-2037 | 16137 | &nbsp;&nbsp; 16152 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2315 Class FW (30 Day Average U.S. SOFR+0.66%)± | 4.81 | &nbsp;&nbsp; 4-15-2027 | 1177 | &nbsp;&nbsp; 1178 |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 3

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2391 Class EF (30 Day Average U.S. SOFR+0.61%)± | 4.76<br> %<br>| &nbsp;&nbsp; 6-15-2031 | $11614 | &nbsp;&nbsp; $11613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FHLMC Series 2454 Class SL (30 Day Average <br> U.S. SOFR+7.89%)ƒ±<br>| 3.74 | &nbsp;&nbsp; 3-15-2032 | 27058 | &nbsp;&nbsp; 2695 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2461 Class FI (30 Day Average U.S. SOFR+0.61%)± | 4.76 | &nbsp;&nbsp; 4-15-2028 | 5321 | &nbsp;&nbsp; 5322 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2464 Class FE (30 Day Average U.S. SOFR+1.11%)± | 5.26 | &nbsp;&nbsp; 3-15-2032 | 17635 | &nbsp;&nbsp; 17818 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2466 Class FV (30 Day Average U.S. SOFR+0.66%)± | 4.81 | &nbsp;&nbsp; 3-15-2032 | 36171 | &nbsp;&nbsp; 36200 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 2538 Class F (30 Day Average U.S. SOFR+0.71%)± | 4.86 | &nbsp;&nbsp; 12-15-2032 | 82828 | &nbsp;&nbsp; 82966 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3114 Class FT (30 Day Average U.S. SOFR+0.46%)± | 4.61 | &nbsp;&nbsp; 9-15-2030 | 52861 | &nbsp;&nbsp; 52707 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3286 Class FA (30 Day Average U.S. SOFR+0.51%)± | 4.66 | &nbsp;&nbsp; 3-15-2037 | 31755 | &nbsp;&nbsp; 31486 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3436 Class A±± | 6.20 | &nbsp;&nbsp; 11-15-2036 | 138039 | &nbsp;&nbsp; 141433 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3924 Class MF (30 Day Average U.S. SOFR+0.61%)± | 4.76 | &nbsp;&nbsp; 9-15-2041 | 400867 | &nbsp;&nbsp; 397953 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 3925 Class FL (30 Day Average U.S. SOFR+0.56%)± | 4.71 | &nbsp;&nbsp; 1-15-2041 | 8034 | &nbsp;&nbsp; 8029 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4889 Class CD | 3.00 | &nbsp;&nbsp; 4-15-2049 | 457764 | &nbsp;&nbsp; 415571 |
| &nbsp;&nbsp;&nbsp; FHLMC Series 4938 Class BF (30 Day Average U.S. SOFR+0.61%)± | 4.69 | &nbsp;&nbsp; 12-25-2049 | 2451698 | &nbsp;&nbsp; 2404820 |
| &nbsp;&nbsp;&nbsp; FNMA | 4.50 | &nbsp;&nbsp; 1-1-2027 | 8623 | &nbsp;&nbsp; 8624 |
| &nbsp;&nbsp;&nbsp; FNMA | 6.50 | &nbsp;&nbsp; 5-1-2031 | 15583 | &nbsp;&nbsp; 16316 |
| &nbsp;&nbsp;&nbsp; FNMA | 6.50 | &nbsp;&nbsp; 8-1-2031 | 98301 | &nbsp;&nbsp; 101679 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 1-1-2031 | 2611 | &nbsp;&nbsp; 2624 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 1-1-2033 | 17399 | &nbsp;&nbsp; 17478 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 5-1-2033 | 25709 | &nbsp;&nbsp; 25789 |
| &nbsp;&nbsp;&nbsp; FNMA | 7.50 | &nbsp;&nbsp; 8-1-2033 | 23228 | &nbsp;&nbsp; 23346 |
| &nbsp;&nbsp;&nbsp; FNMA | 8.00 | &nbsp;&nbsp; 12-1-2026 | 1986 | &nbsp;&nbsp; 1990 |
| &nbsp;&nbsp;&nbsp; FNMA | 8.00 | &nbsp;&nbsp; 5-1-2033 | 21097 | &nbsp;&nbsp; 21185 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.50%)± | 5.63 | &nbsp;&nbsp; 8-1-2030 | 71572 | &nbsp;&nbsp; 72201 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.52%)± | 5.52 | &nbsp;&nbsp; 8-1-2033 | 166434 | &nbsp;&nbsp; 167589 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.58%)± | 5.83 | &nbsp;&nbsp; 3-1-2034 | 118448 | &nbsp;&nbsp; 119424 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.66%)± | 5.82 | &nbsp;&nbsp; 7-1-2048 | 280906 | &nbsp;&nbsp; 285951 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.70%)± | 5.93 | &nbsp;&nbsp; 2-1-2033 | 88938 | &nbsp;&nbsp; 89766 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.85%)± | 5.98 | &nbsp;&nbsp; 7-1-2038 | 66190 | &nbsp;&nbsp; 67187 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.88%)± | 5.88 | &nbsp;&nbsp; 8-1-2031 | 17301 | &nbsp;&nbsp; 17429 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+1.96%)± | 5.96 | &nbsp;&nbsp; 3-1-2032 | 8756 | &nbsp;&nbsp; 8808 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.02%)± | 6.10 | &nbsp;&nbsp; 12-1-2034 | 58056 | &nbsp;&nbsp; 59617 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.03%)± | 6.23 | &nbsp;&nbsp; 12-1-2032 | 100183 | &nbsp;&nbsp; 101754 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.08%)± | 6.21 | &nbsp;&nbsp; 12-1-2033 | 60517 | &nbsp;&nbsp; 60838 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.08%)± | 6.21 | &nbsp;&nbsp; 4-1-2040 | 28269 | &nbsp;&nbsp; 28960 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.10%)± | 6.24 | &nbsp;&nbsp; 9-1-2036 | 87055 | &nbsp;&nbsp; 88860 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.10%)± | 6.35 | &nbsp;&nbsp; 7-1-2035 | 29437 | &nbsp;&nbsp; 30155 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.11%)± | 6.17 | &nbsp;&nbsp; 7-1-2035 | 58029 | &nbsp;&nbsp; 59446 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.12%)± | 6.37 | &nbsp;&nbsp; 3-1-2031 | 3521 | &nbsp;&nbsp; 3541 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.14%)± | 6.26 | &nbsp;&nbsp; 5-1-2036 | 268244 | &nbsp;&nbsp; 273471 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.15%)± | 6.28 | &nbsp;&nbsp; 2-1-2033 | 20872 | &nbsp;&nbsp; 21124 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.17%)± | 6.17 | &nbsp;&nbsp; 9-1-2030 | 2996 | &nbsp;&nbsp; 2992 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.17%)± | 6.18 | &nbsp;&nbsp; 12-1-2039 | 48579 | &nbsp;&nbsp; 48845 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.17%)± | 6.36 | &nbsp;&nbsp; 6-1-2027 | 8120 | &nbsp;&nbsp; 8126 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.17%)± | 6.42 | &nbsp;&nbsp; 4-1-2038 | 4033 | &nbsp;&nbsp; 4172 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.18 | &nbsp;&nbsp; 6-1-2035 | 20794 | &nbsp;&nbsp; 21345 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.24 | &nbsp;&nbsp; 1-1-2036 | 48153 | &nbsp;&nbsp; 49218 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.30 | &nbsp;&nbsp; 9-1-2035 | 134739 | &nbsp;&nbsp; 138249 |

---

See accompanying notes to portfolio of investments

4 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.34<br> %<br>| &nbsp;&nbsp; 9-1-2033 | $48426 | &nbsp;&nbsp; $48727 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.18%)± | 6.37 | &nbsp;&nbsp; 1-1-2036 | 174353 | &nbsp;&nbsp; 174800 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.19%)± | 6.19 | &nbsp;&nbsp; 8-1-2033 | 163278 | &nbsp;&nbsp; 167148 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.19%)± | 6.29 | &nbsp;&nbsp; 12-1-2040 | 1458850 | &nbsp;&nbsp; 1504865 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.19%)± | 6.44 | &nbsp;&nbsp; 3-1-2035 | 79813 | &nbsp;&nbsp; 81884 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.21%)± | 6.21 | &nbsp;&nbsp; 8-1-2035 | 153595 | &nbsp;&nbsp; 157777 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.21%)± | 6.35 | &nbsp;&nbsp; 10-1-2034 | 355696 | &nbsp;&nbsp; 365781 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.21%)± | 6.46 | &nbsp;&nbsp; 5-1-2037 | 168555 | &nbsp;&nbsp; 173294 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.09 | &nbsp;&nbsp; 11-1-2031 | 15139 | &nbsp;&nbsp; 15371 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.22 | &nbsp;&nbsp; 6-1-2032 | 24880 | &nbsp;&nbsp; 25381 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.22 | &nbsp;&nbsp; 6-1-2034 | 100060 | &nbsp;&nbsp; 102619 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.22 | &nbsp;&nbsp; 6-1-2035 | 107235 | &nbsp;&nbsp; 110361 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.22 | &nbsp;&nbsp; 7-1-2035 | 155370 | &nbsp;&nbsp; 160802 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.33 | &nbsp;&nbsp; 9-1-2035 | 481917 | &nbsp;&nbsp; 495702 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.33 | &nbsp;&nbsp; 12-1-2040 | 601576 | &nbsp;&nbsp; 616090 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.35 | &nbsp;&nbsp; 10-1-2034 | 73694 | &nbsp;&nbsp; 75616 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.22%)± | 6.47 | &nbsp;&nbsp; 8-1-2031 | 52167 | &nbsp;&nbsp; 52767 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.23%)± | 6.29 | &nbsp;&nbsp; 1-1-2037 | 94132 | &nbsp;&nbsp; 96360 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.23%)± | 6.30 | &nbsp;&nbsp; 7-1-2037 | 75168 | &nbsp;&nbsp; 77820 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.23%)± | 6.34 | &nbsp;&nbsp; 7-1-2038 | 1392498 | &nbsp;&nbsp; 1442161 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.23%)± | 6.39 | &nbsp;&nbsp; 5-1-2034 | 132231 | &nbsp;&nbsp; 135418 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.19 | &nbsp;&nbsp; 7-1-2029 | 34074 | &nbsp;&nbsp; 34124 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.29 | &nbsp;&nbsp; 7-1-2028 | 15 | &nbsp;&nbsp; 15 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.30 | &nbsp;&nbsp; 10-1-2036 | 115294 | &nbsp;&nbsp; 119250 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.39 | &nbsp;&nbsp; 4-1-2038 | 168582 | &nbsp;&nbsp; 173711 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.39 | &nbsp;&nbsp; 11-1-2038 | 1058373 | &nbsp;&nbsp; 1097815 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.24%)± | 6.43 | &nbsp;&nbsp; 12-1-2040 | 47047 | &nbsp;&nbsp; 47835 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.26%)± | 6.13 | &nbsp;&nbsp; 11-1-2035 | 31319 | &nbsp;&nbsp; 32312 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.27%)± | 6.32 | &nbsp;&nbsp; 1-1-2033 | 1736 | &nbsp;&nbsp; 1739 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.28%)± | 6.40 | &nbsp;&nbsp; 9-1-2026 | 2266 | &nbsp;&nbsp; 2264 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 6.23 | &nbsp;&nbsp; 1-1-2031 | 13502 | &nbsp;&nbsp; 13593 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 6.37 | &nbsp;&nbsp; 6-1-2037 | 430645 | &nbsp;&nbsp; 445573 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 6.41 | &nbsp;&nbsp; 8-1-2036 | 360909 | &nbsp;&nbsp; 373399 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.29%)± | 6.42 | &nbsp;&nbsp; 12-1-2030 | 9814 | &nbsp;&nbsp; 9959 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.31%)± | 6.40 | &nbsp;&nbsp; 5-1-2036 | 120356 | &nbsp;&nbsp; 124423 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.31%)± | 6.44 | &nbsp;&nbsp; 12-1-2030 | 50152 | &nbsp;&nbsp; 50381 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.31%)± | 6.45 | &nbsp;&nbsp; 12-1-2034 | 49860 | &nbsp;&nbsp; 51238 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.32%)± | 6.57 | &nbsp;&nbsp; 4-1-2028 | 10964 | &nbsp;&nbsp; 11018 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.33%)± | 6.43 | &nbsp;&nbsp; 7-1-2030 | 15771 | &nbsp;&nbsp; 15835 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.34%)± | 6.53 | &nbsp;&nbsp; 7-1-2028 | 10901 | &nbsp;&nbsp; 10935 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.35%)± | 6.38 | &nbsp;&nbsp; 9-1-2037 | 21208 | &nbsp;&nbsp; 21843 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.35%)± | 6.60 | &nbsp;&nbsp; 6-1-2027 | 6472 | &nbsp;&nbsp; 6490 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.36%)± | 6.47 | &nbsp;&nbsp; 11-1-2034 | 238322 | &nbsp;&nbsp; 247677 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.36%)± | 6.48 | &nbsp;&nbsp; 5-1-2034 | 39882 | &nbsp;&nbsp; 40984 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.37%)± | 5.66 | &nbsp;&nbsp; 9-1-2030 | 86151 | &nbsp;&nbsp; 86663 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.37%)± | 6.52 | &nbsp;&nbsp; 5-1-2033 | 13338 | &nbsp;&nbsp; 13443 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.38%)± | 6.42 | &nbsp;&nbsp; 7-1-2027 | 12359 | &nbsp;&nbsp; 12390 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.40%)± | 6.53 | &nbsp;&nbsp; 9-1-2033 | 184437 | &nbsp;&nbsp; 189533 |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 5

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.41%)± | 6.57<br> %<br>| &nbsp;&nbsp; 5-1-2027 | $8022 | &nbsp;&nbsp; $8043 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.43%)± | 6.55 | &nbsp;&nbsp; 7-1-2037 | 506694 | &nbsp;&nbsp; 522186 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.44%)± | 6.55 | &nbsp;&nbsp; 5-1-2035 | 183868 | &nbsp;&nbsp; 189656 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.47%)± | 6.47 | &nbsp;&nbsp; 9-1-2028 | 12638 | &nbsp;&nbsp; 12721 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.48%)± | 6.68 | &nbsp;&nbsp; 5-1-2033 | 16206 | &nbsp;&nbsp; 16349 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.49%)± | 6.49 | &nbsp;&nbsp; 7-1-2037 | 64121 | &nbsp;&nbsp; 66276 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 5.97 | &nbsp;&nbsp; 9-1-2030 | 63030 | &nbsp;&nbsp; 63649 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 6.38 | &nbsp;&nbsp; 3-1-2027 | 1390 | &nbsp;&nbsp; 1388 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 6.50 | &nbsp;&nbsp; 10-1-2029 | 42893 | &nbsp;&nbsp; 43252 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.50%)± | 6.75 | &nbsp;&nbsp; 6-1-2032 | 47890 | &nbsp;&nbsp; 48943 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.64%)± | 6.77 | &nbsp;&nbsp; 10-1-2028 | 6090 | &nbsp;&nbsp; 6123 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.64%)± | 6.84 | &nbsp;&nbsp; 7-1-2028 | 12213 | &nbsp;&nbsp; 12298 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.64%)± | 6.89 | &nbsp;&nbsp; 3-1-2030 | 1588 | &nbsp;&nbsp; 1600 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.72%)± | 6.97 | &nbsp;&nbsp; 5-1-2035 | 366106 | &nbsp;&nbsp; 379312 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+2.72%)± | 6.97 | &nbsp;&nbsp; 8-1-2035 | 78097 | &nbsp;&nbsp; 80893 |
| &nbsp;&nbsp;&nbsp; FNMA (1 Year Treasury Constant Maturity+3.03%)± | 7.16 | &nbsp;&nbsp; 1-1-2029 | 8568 | &nbsp;&nbsp; 8696 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.25%)± | 4.27 | &nbsp;&nbsp; 4-1-2034 | 41833 | &nbsp;&nbsp; 40991 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.26%)± | 4.19 | &nbsp;&nbsp; 1-1-2035 | 55754 | &nbsp;&nbsp; 54350 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.26%)± | 4.75 | &nbsp;&nbsp; 1-1-2038 | 1084 | &nbsp;&nbsp; 1074 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.27%)± | 4.22 | &nbsp;&nbsp; 3-1-2033 | 21054 | &nbsp;&nbsp; 20831 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.28%)± | 4.27 | &nbsp;&nbsp; 9-1-2037 | 427545 | &nbsp;&nbsp; 422940 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.68%)± | 4.63 | &nbsp;&nbsp; 1-1-2036 | 56913 | &nbsp;&nbsp; 55874 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.70%)± | 4.65 | &nbsp;&nbsp; 4-1-2030 | 174 | &nbsp;&nbsp; 172 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.80%)± | 4.75 | &nbsp;&nbsp; 10-1-2027 | 2972 | &nbsp;&nbsp; 2959 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.80%)± | 4.76 | &nbsp;&nbsp; 6-1-2034 | 19289 | &nbsp;&nbsp; 18957 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.82%)± | 5.03 | &nbsp;&nbsp; 5-1-2028 | 4530 | &nbsp;&nbsp; 4499 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.90%)± | 6.45 | &nbsp;&nbsp; 5-1-2034 | 7987 | &nbsp;&nbsp; 8104 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.92%)± | 4.80 | &nbsp;&nbsp; 9-1-2030 | 59936 | &nbsp;&nbsp; 59461 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.93%)± | 4.89 | &nbsp;&nbsp; 12-1-2036 | 4496 | &nbsp;&nbsp; 4458 |
| &nbsp;&nbsp;&nbsp; FNMA (11th District COFI+1.94%)± | 4.91 | &nbsp;&nbsp; 3-1-2033 | 75236 | &nbsp;&nbsp; 74551 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.25%)± | 5.35 | &nbsp;&nbsp; 4-1-2042 | 316093 | &nbsp;&nbsp; 317222 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.74%)± | 5.84 | &nbsp;&nbsp; 7-1-2035 | 88915 | &nbsp;&nbsp; 90196 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.76%)± | 5.84 | &nbsp;&nbsp; 10-1-2035 | 231575 | &nbsp;&nbsp; 236222 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.77%)± | 5.86 | &nbsp;&nbsp; 6-1-2035 | 130000 | &nbsp;&nbsp; 132270 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.84%)± | 5.92 | &nbsp;&nbsp; 11-1-2035 | 16562 | &nbsp;&nbsp; 16803 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.84%)± | 5.93 | &nbsp;&nbsp; 11-1-2035 | 165809 | &nbsp;&nbsp; 169186 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.86%)± | 5.98 | &nbsp;&nbsp; 11-1-2035 | 6141 | &nbsp;&nbsp; 6260 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+1.93%)± | 6.02 | &nbsp;&nbsp; 11-1-2035 | 150852 | &nbsp;&nbsp; 153449 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.04%)± | 6.17 | &nbsp;&nbsp; 8-1-2045 | 113748 | &nbsp;&nbsp; 118052 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.08%)± | 6.21 | &nbsp;&nbsp; 1-1-2035 | 171797 | &nbsp;&nbsp; 175756 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.09%)± | 6.17 | &nbsp;&nbsp; 10-1-2035 | 67784 | &nbsp;&nbsp; 69445 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.11%)± | 6.16 | &nbsp;&nbsp; 8-1-2035 | 27945 | &nbsp;&nbsp; 28717 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.15%)± | 6.27 | &nbsp;&nbsp; 7-1-2035 | 47899 | &nbsp;&nbsp; 48844 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.36%)± | 6.46 | &nbsp;&nbsp; 8-1-2040 | 181100 | &nbsp;&nbsp; 183906 |
| &nbsp;&nbsp;&nbsp; FNMA (12 Month Treasury Average+2.48%)± | 6.97 | &nbsp;&nbsp; 6-1-2040 | 230592 | &nbsp;&nbsp; 234421 |
| &nbsp;&nbsp;&nbsp; FNMA (3 Year Treasury Constant Maturity+2.15%)± | 4.90 | &nbsp;&nbsp; 8-1-2031 | 14195 | &nbsp;&nbsp; 14254 |
| &nbsp;&nbsp;&nbsp; FNMA (5 Year Treasury Constant Maturity+1.90%)± | 5.40 | &nbsp;&nbsp; 9-1-2031 | 30623 | &nbsp;&nbsp; 30486 |
| &nbsp;&nbsp;&nbsp; FNMA (5 Year Treasury Constant Maturity+2.50%)± | 6.38 | &nbsp;&nbsp; 6-1-2028 | 452 | &nbsp;&nbsp; 454 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA (Federal COFI+2.00%)± | 5.88<br> %<br>| &nbsp;&nbsp; 8-1-2029 | $9004 | &nbsp;&nbsp; $9008 |
| &nbsp;&nbsp;&nbsp; FNMA (Federal COFI+2.59%)± | 6.35 | &nbsp;&nbsp; 2-1-2029 | 37296 | &nbsp;&nbsp; 37279 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1M+1.17%)± | 5.55 | &nbsp;&nbsp; 5-1-2029 | 16908 | &nbsp;&nbsp; 16981 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.50%)± | 6.20 | &nbsp;&nbsp; 9-1-2036 | 113867 | &nbsp;&nbsp; 116080 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.53%)± | 6.28 | &nbsp;&nbsp; 9-1-2035 | 149028 | &nbsp;&nbsp; 153464 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.55%)± | 6.43 | &nbsp;&nbsp; 1-1-2040 | 29756 | &nbsp;&nbsp; 30050 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.57%)± | 6.20 | &nbsp;&nbsp; 11-1-2044 | 30821 | &nbsp;&nbsp; 31591 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.58%)± | 6.39 | &nbsp;&nbsp; 9-1-2044 | 338665 | &nbsp;&nbsp; 350158 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.58%)± | 6.52 | &nbsp;&nbsp; 2-1-2044 | 19913 | &nbsp;&nbsp; 20608 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.59%)± | 6.34 | &nbsp;&nbsp; 6-1-2044 | 220815 | &nbsp;&nbsp; 228081 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.59%)± | 6.40 | &nbsp;&nbsp; 8-1-2045 | 124748 | &nbsp;&nbsp; 128834 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.59%)± | 6.45 | &nbsp;&nbsp; 2-1-2043 | 116244 | &nbsp;&nbsp; 120165 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.60%)± | 6.35 | &nbsp;&nbsp; 9-1-2037 | 299196 | &nbsp;&nbsp; 305982 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.60%)± | 6.60 | &nbsp;&nbsp; 3-1-2046 | 447351 | &nbsp;&nbsp; 462811 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.62%)± | 6.33 | &nbsp;&nbsp; 6-1-2036 | 10871 | &nbsp;&nbsp; 11070 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.63%)± | 6.56 | &nbsp;&nbsp; 11-1-2038 | 67555 | &nbsp;&nbsp; 68977 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.64%)± | 6.39 | &nbsp;&nbsp; 9-1-2042 | 62653 | &nbsp;&nbsp; 64770 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.67%)± | 6.37 | &nbsp;&nbsp; 7-1-2035 | 137829 | &nbsp;&nbsp; 141057 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.68%)± | 6.50 | &nbsp;&nbsp; 6-1-2041 | 419834 | &nbsp;&nbsp; 433359 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.70%)± | 6.59 | &nbsp;&nbsp; 4-1-2034 | 115057 | &nbsp;&nbsp; 118750 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.72%)± | 6.41 | &nbsp;&nbsp; 6-1-2035 | 25866 | &nbsp;&nbsp; 26558 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.72%)± | 6.54 | &nbsp;&nbsp; 7-1-2043 | 533431 | &nbsp;&nbsp; 552850 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.73%)± | 6.59 | &nbsp;&nbsp; 2-1-2045 | 470460 | &nbsp;&nbsp; 489872 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.73%)± | 6.65 | &nbsp;&nbsp; 9-1-2042 | 55625 | &nbsp;&nbsp; 57630 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 6.52 | &nbsp;&nbsp; 7-1-2035 | 112015 | &nbsp;&nbsp; 114678 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 6.63 | &nbsp;&nbsp; 1-1-2035 | 75332 | &nbsp;&nbsp; 77320 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 6.75 | &nbsp;&nbsp; 4-1-2034 | 58597 | &nbsp;&nbsp; 59684 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.75%)± | 6.75 | &nbsp;&nbsp; 5-1-2035 | 139375 | &nbsp;&nbsp; 142658 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.77%)± | 6.72 | &nbsp;&nbsp; 4-1-2033 | 145318 | &nbsp;&nbsp; 148048 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.78%)± | 6.55 | &nbsp;&nbsp; 7-1-2044 | 1296310 | &nbsp;&nbsp; 1335295 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.79%)± | 6.54 | &nbsp;&nbsp; 1-1-2042 | 622137 | &nbsp;&nbsp; 641381 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.83%)± | 6.33 | &nbsp;&nbsp; 1-1-2033 | 22041 | &nbsp;&nbsp; 22362 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.90%)± | 6.65 | &nbsp;&nbsp; 10-1-2034 | 182403 | &nbsp;&nbsp; 187374 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.93%)± | 6.64 | &nbsp;&nbsp; 5-1-2038 | 180272 | &nbsp;&nbsp; 187022 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.93%)± | 6.68 | &nbsp;&nbsp; 9-1-2035 | 101406 | &nbsp;&nbsp; 104876 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT1Y+1.95%)± | 6.70 | &nbsp;&nbsp; 5-1-2037 | 86219 | &nbsp;&nbsp; 88076 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.16%)± | 5.87 | &nbsp;&nbsp; 8-1-2033 | 2059 | &nbsp;&nbsp; 2066 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.18%)± | 5.68 | &nbsp;&nbsp; 8-1-2033 | 17252 | &nbsp;&nbsp; 17262 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.34%)± | 5.96 | &nbsp;&nbsp; 10-1-2037 | 226160 | &nbsp;&nbsp; 231603 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.38%)± | 6.00 | &nbsp;&nbsp; 8-1-2031 | 65938 | &nbsp;&nbsp; 66428 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.38%)± | 6.00 | &nbsp;&nbsp; 10-1-2031 | 25865 | &nbsp;&nbsp; 26148 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.39%)± | 6.14 | &nbsp;&nbsp; 1-1-2032 | 20112 | &nbsp;&nbsp; 20198 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.42%)± | 5.79 | &nbsp;&nbsp; 12-1-2031 | 76505 | &nbsp;&nbsp; 76886 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.50%)± | 6.10 | &nbsp;&nbsp; 9-1-2037 | 128045 | &nbsp;&nbsp; 131497 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.51%)± | 5.97 | &nbsp;&nbsp; 11-1-2034 | 218131 | &nbsp;&nbsp; 219659 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.55%)± | 6.16 | &nbsp;&nbsp; 3-1-2034 | 32002 | &nbsp;&nbsp; 32278 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.55%)± | 6.19 | &nbsp;&nbsp; 1-1-2035 | 231739 | &nbsp;&nbsp; 237640 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.61%)± | 6.13 | &nbsp;&nbsp; 6-1-2037 | 184045 | &nbsp;&nbsp; 187472 |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 7

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.93%)± | 6.55<br> %<br>| &nbsp;&nbsp; 6-1-2032 | $38696 | &nbsp;&nbsp; $39154 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.96%)± | 6.78 | &nbsp;&nbsp; 1-1-2033 | 36521 | &nbsp;&nbsp; 37230 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+1.98%)± | 6.60 | &nbsp;&nbsp; 9-1-2033 | 33281 | &nbsp;&nbsp; 33988 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.25%)± | 6.96 | &nbsp;&nbsp; 3-1-2034 | 294154 | &nbsp;&nbsp; 298127 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.31%)± | 6.68 | &nbsp;&nbsp; 4-1-2033 | 116067 | &nbsp;&nbsp; 119269 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.35%)± | 7.01 | &nbsp;&nbsp; 5-1-2033 | 337125 | &nbsp;&nbsp; 343441 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.48%)± | 6.98 | &nbsp;&nbsp; 7-1-2033 | 19018 | &nbsp;&nbsp; 19790 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+2.53%)± | 6.88 | &nbsp;&nbsp; 4-1-2033 | 102461 | &nbsp;&nbsp; 104066 |
| &nbsp;&nbsp;&nbsp; FNMA (RFUCCT6M+3.36%)± | 7.79 | &nbsp;&nbsp; 12-1-2032 | 61787 | &nbsp;&nbsp; 64320 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2000-T6 Class A2 | 9.50 | &nbsp;&nbsp; 11-25-2040 | 122556 | &nbsp;&nbsp; 122179 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-50 Class BA | 7.00 | &nbsp;&nbsp; 10-25-2041 | 25755 | &nbsp;&nbsp; 26411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2001-63 Class FD (30 Day Average <br> U.S. SOFR+0.71%)±<br>| 4.85 | &nbsp;&nbsp; 12-18-2031 | 15407 | &nbsp;&nbsp; 15428 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-81 Class F (30 Day Average U.S. SOFR+0.66%)± | 4.74 | &nbsp;&nbsp; 1-25-2032 | 11335 | &nbsp;&nbsp; 11344 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T10 Class A2 | 7.50 | &nbsp;&nbsp; 12-25-2041 | 609772 | &nbsp;&nbsp; 628840 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T10 Class A3 | 9.50 | &nbsp;&nbsp; 12-25-2041 | 167782 | &nbsp;&nbsp; 177561 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T12 Class A4±± | 5.36 | &nbsp;&nbsp; 8-25-2041 | 1024215 | &nbsp;&nbsp; 1025912 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T12 Class A2 | 7.50 | &nbsp;&nbsp; 8-25-2041 | 46139 | &nbsp;&nbsp; 46710 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T12 Class A3 | 9.50 | &nbsp;&nbsp; 8-25-2041 | 146121 | &nbsp;&nbsp; 151069 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-T8 Class A1 | 7.50 | &nbsp;&nbsp; 7-25-2041 | 37657 | &nbsp;&nbsp; 38465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2001-W1 Class AV1 (30 Day Average <br> U.S. SOFR+0.23%)±<br>| 4.31 | &nbsp;&nbsp; 8-25-2031 | 11981 | &nbsp;&nbsp; 11524 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2001-W3 Class A±± | 7.00 | &nbsp;&nbsp; 9-25-2041 | 138593 | &nbsp;&nbsp; 139221 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-5 Class FD (30 Day Average U.S. SOFR+1.01%)± | 5.09 | &nbsp;&nbsp; 2-25-2032 | 7647 | &nbsp;&nbsp; 7680 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-59 Class F (30 Day Average U.S. SOFR+0.51%)± | 4.59 | &nbsp;&nbsp; 9-25-2032 | 4066 | &nbsp;&nbsp; 4063 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-66 Class A3±± | 4.58 | &nbsp;&nbsp; 4-25-2042 | 2529052 | &nbsp;&nbsp; 2552847 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T1 Class A4 | 9.50 | &nbsp;&nbsp; 11-25-2031 | 153465 | &nbsp;&nbsp; 169764 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T12 Class A5±± | 5.32 | &nbsp;&nbsp; 10-25-2041 | 631623 | &nbsp;&nbsp; 643330 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T12 Class A3 | 7.50 | &nbsp;&nbsp; 5-25-2042 | 592171 | &nbsp;&nbsp; 627965 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T18 Class A5±± | 5.09 | &nbsp;&nbsp; 5-25-2042 | 1217681 | &nbsp;&nbsp; 1233831 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-T19 Class A4±± | 5.22 | &nbsp;&nbsp; 3-25-2042 | 76988 | &nbsp;&nbsp; 76884 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-W1 Class 3A±± | 3.89 | &nbsp;&nbsp; 4-25-2042 | 285834 | &nbsp;&nbsp; 278707 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2002-W4 Class A6±± | 5.23 | &nbsp;&nbsp; 5-25-2042 | 642684 | &nbsp;&nbsp; 639826 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-63 Class A8±± | 4.41 | &nbsp;&nbsp; 1-25-2043 | 406882 | &nbsp;&nbsp; 404914 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-7 Class A2±± | 4.68 | &nbsp;&nbsp; 5-25-2042 | 236432 | &nbsp;&nbsp; 237793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2003-T2 Class A1 (30 Day Average <br> U.S. SOFR+0.39%)±<br>| 4.47 | &nbsp;&nbsp; 3-25-2033 | 380659 | &nbsp;&nbsp; 377529 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W10 Class 2A±± | 3.97 | &nbsp;&nbsp; 6-25-2043 | 768830 | &nbsp;&nbsp; 760390 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W11 Class A1±± | 7.33 | &nbsp;&nbsp; 6-25-2033 | 7767 | &nbsp;&nbsp; 7871 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W18 Class 2A±± | 5.19 | &nbsp;&nbsp; 6-25-2043 | 771695 | &nbsp;&nbsp; 776818 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W2 Class 1A3 | 7.50 | &nbsp;&nbsp; 7-25-2042 | 133198 | &nbsp;&nbsp; 140277 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W3 Class 1A4±± | 4.87 | &nbsp;&nbsp; 8-25-2042 | 11873 | &nbsp;&nbsp; 11581 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W4 Class 5A±± | 4.31 | &nbsp;&nbsp; 10-25-2042 | 273675 | &nbsp;&nbsp; 273435 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W6 Class 6A±± | 4.85 | &nbsp;&nbsp; 8-25-2042 | 268629 | &nbsp;&nbsp; 270002 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2003-W8 Class 4A±± | 4.96 | &nbsp;&nbsp; 11-25-2042 | 371103 | &nbsp;&nbsp; 375718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2003-W9 Class A (30 Day Average <br> U.S. SOFR+0.23%)±<br>| 4.31 | &nbsp;&nbsp; 6-25-2033 | 594291 | &nbsp;&nbsp; 569888 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-T1 Class 2A±± | 4.28 | &nbsp;&nbsp; 8-25-2043 | 525273 | &nbsp;&nbsp; 504793 |

---

See accompanying notes to portfolio of investments

8 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Agency securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-T3 Class 2A±± | 5.43<br> %<br>| &nbsp;&nbsp; 8-25-2043 | $350063 | &nbsp;&nbsp; $352521 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-T3 Class 1A3 | 7.00 | &nbsp;&nbsp; 2-25-2044 | 177704 | &nbsp;&nbsp; 183436 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W1 Class 3A±± | 5.25 | &nbsp;&nbsp; 1-25-2043 | 21697 | &nbsp;&nbsp; 21511 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W1 Class 2A2 | 7.00 | &nbsp;&nbsp; 12-25-2033 | 78183 | &nbsp;&nbsp; 82109 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W12 Class 2A±± | 5.04 | &nbsp;&nbsp; 6-25-2044 | 1003962 | &nbsp;&nbsp; 982051 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W15 Class 3A±± | 5.23 | &nbsp;&nbsp; 6-25-2044 | 1576787 | &nbsp;&nbsp; 1591715 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2004-W2 Class 5A | 7.50 | &nbsp;&nbsp; 3-25-2044 | 16202 | &nbsp;&nbsp; 16846 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2005-W3 Class 3A±± | 5.00 | &nbsp;&nbsp; 4-25-2045 | 322541 | &nbsp;&nbsp; 328629 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2006-W1 Class 3A±± | 5.58 | &nbsp;&nbsp; 10-25-2045 | 818600 | &nbsp;&nbsp; 844824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2007-95 Class A2 (30 Day Average <br> U.S. SOFR+0.36%)±<br>| 5.96 | &nbsp;&nbsp; 8-27-2036 | 40497 | &nbsp;&nbsp; 41005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2007-W2 Class 1A1 (30 Day Average <br> U.S. SOFR+0.43%)±<br>| 4.51 | &nbsp;&nbsp; 3-25-2037 | 146882 | &nbsp;&nbsp; 145315 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2012-47 Class FW (30 Day Average <br> U.S. SOFR+1.81%)±<br>| 5.89 | &nbsp;&nbsp; 5-25-2027 | 6875 | &nbsp;&nbsp; 6874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FNMA Series 2013-23 Class LF (30 Day Average <br> U.S. SOFR+0.46%)±<br>| 4.78 | &nbsp;&nbsp; 3-25-2043 | 1402703 | &nbsp;&nbsp; 1386306 |
| &nbsp;&nbsp;&nbsp; FNMA Series 2018-47 Class PC | 3.50 | &nbsp;&nbsp; 9-25-2047 | 86299 | &nbsp;&nbsp; 84456 |
| &nbsp;&nbsp;&nbsp; GNMA | 6.50 | &nbsp;&nbsp; 8-20-2034 | 91708 | &nbsp;&nbsp; 91247 |
| &nbsp;&nbsp;&nbsp; GNMA | 7.00 | &nbsp;&nbsp; 6-15-2033 | 119381 | &nbsp;&nbsp; 125863 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+1.40%)± | 5.31 | &nbsp;&nbsp; 6-20-2058 | 2332 | &nbsp;&nbsp; 2366 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+1.50%)± | 5.63 | &nbsp;&nbsp; 1-20-2034 | 479801 | &nbsp;&nbsp; 487349 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+2.00%)± | 6.13 | &nbsp;&nbsp; 4-20-2041 | 19240 | &nbsp;&nbsp; 19703 |
| &nbsp;&nbsp;&nbsp; GNMA (1 Year Treasury Constant Maturity+2.00%)± | 6.25 | &nbsp;&nbsp; 1-20-2041 | 10668 | &nbsp;&nbsp; 10912 |
| &nbsp;&nbsp;&nbsp; GNMA (RFUCCT1M+0.58%)± | 5.03 | &nbsp;&nbsp; 5-20-2058 | 6235 | &nbsp;&nbsp; 6239 |
| &nbsp;&nbsp;&nbsp; GNMA Series 2014-44 Class IAƒ | 3.50 | &nbsp;&nbsp; 5-20-2028 | 191432 | &nbsp;&nbsp; 1430 |
| **Total agency securities (Cost $71,512,288)** |  |  |  | &nbsp;&nbsp; **71559572** |
| **Asset-backed securities: 21.78%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Acacia LLC Series 2025-1 Class A144A | 5.24 | &nbsp;&nbsp; 11-15-2037 | 3500000 | &nbsp;&nbsp; 3503173 |
| &nbsp;&nbsp;&nbsp; ACM Auto Trust Series 2025-3A Class A144A | 5.01 | &nbsp;&nbsp; 1-22-2030 | 1839419 | &nbsp;&nbsp; 1835897 |
| &nbsp;&nbsp;&nbsp; Affirm Asset Securitization Trust Series 2024-B Class A144A | 4.62 | &nbsp;&nbsp; 9-15-2029 | 7000000 | &nbsp;&nbsp; 7016166 |
| &nbsp;&nbsp;&nbsp; Aligned Data Centers Issuer LLC Series 2021-1A Class A2144A | 1.94 | &nbsp;&nbsp; 8-15-2046 | 7000000 | &nbsp;&nbsp; 6852347 |
| &nbsp;&nbsp;&nbsp; Ally Auto Receivables Trust Series 2024-2 Class A3 | 4.14 | &nbsp;&nbsp; 7-16-2029 | 4000000 | &nbsp;&nbsp; 4003726 |
| &nbsp;&nbsp;&nbsp; Ally Auto Receivables Trust Series 2025-1 Class A3 | 3.96 | &nbsp;&nbsp; 3-15-2030 | 1910000 | &nbsp;&nbsp; 1912049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Credit Acceptance Receivables Trust Series 2024-4 <br> Class B144A<br>| 4.80 | &nbsp;&nbsp; 11-13-2028 | 4685000 | &nbsp;&nbsp; 4687134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AmeriCredit Automobile Receivables Trust Series 2025-1 <br> Class A2A144A<br>| 4.22 | &nbsp;&nbsp; 3-19-2029 | 4750000 | &nbsp;&nbsp; 4753443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust Series 2025-HB1 Class A1 (30 Day <br> Average U.S. SOFR+1.80%)144A±<br>| 5.87 | &nbsp;&nbsp; 2-25-2055 | 2326013 | &nbsp;&nbsp; 2340979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust Series 2025-HB2 Class A1 (30 Day <br> Average U.S. SOFR+1.60%)144A±%%<br>| 5.64 | &nbsp;&nbsp; 12-25-2055 | 5555000 | &nbsp;&nbsp; 5553863 |
| &nbsp;&nbsp;&nbsp; Aqua Finance Trust Series 2021-A Class A144A | 1.54 | &nbsp;&nbsp; 7-17-2046 | 2251873 | &nbsp;&nbsp; 2073720 |
| &nbsp;&nbsp;&nbsp; Barings Equipment Finance LLC Series 2025-A Class A2144A | 4.64 | &nbsp;&nbsp; 10-13-2028 | 4855704 | &nbsp;&nbsp; 4882364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BDS LLC Series 2025-FL14 Class A (U.S. SOFR 1 <br> Month+1.28%)144A±<br>| 5.24 | &nbsp;&nbsp; 10-17-2042 | 6480000 | &nbsp;&nbsp; 6477814 |
| &nbsp;&nbsp;&nbsp; BHG Securitization Trust Series 2021-A Class A144A | 1.42 | &nbsp;&nbsp; 11-17-2033 | 376540 | &nbsp;&nbsp; 373389 |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 9

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Asset-backed securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Blue Owl Asset Leasing Trust LLC Series 2024-1A Class A2144A | 5.05<br> %<br>| &nbsp;&nbsp; 3-15-2029 | $3121711 | &nbsp;&nbsp; $3133165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brex Commercial Charge Card Master Trust Series 2024-1 <br> Class A1144A<br>| 6.05 | &nbsp;&nbsp; 7-15-2027 | 2715000 | &nbsp;&nbsp; 2726037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Carlyle Global Market Strategies CLO Ltd. Series 2015-1A Class AR3 <br> (U.S. SOFR 3 Month+1.24%)144A±<br>| 5.13 | &nbsp;&nbsp; 7-20-2031 | 1870057 | &nbsp;&nbsp; 1870013 |
| &nbsp;&nbsp;&nbsp; CarMax Auto Owner Trust Series 2023-3 Class A4 | 5.26 | &nbsp;&nbsp; 2-15-2029 | 1190000 | &nbsp;&nbsp; 1209782 |
| &nbsp;&nbsp;&nbsp; CarMax Select Receivables Trust Series 2025-B Class A2 | 4.19 | &nbsp;&nbsp; 3-15-2029 | 5250000 | &nbsp;&nbsp; 5252485 |
| &nbsp;&nbsp;&nbsp; Carvana Auto Receivables Trust Series 2024-P3 Class A2 | 4.61 | &nbsp;&nbsp; 11-10-2027 | 175420 | &nbsp;&nbsp; 175432 |
| &nbsp;&nbsp;&nbsp; CFMT LLC Series 2021-AL1 Class B144A | 1.39 | &nbsp;&nbsp; 9-22-2031 | 575372 | &nbsp;&nbsp; 573584 |
| &nbsp;&nbsp;&nbsp; Commonbond Student Loan Trust Series 2018-BGS Class A1144A | 3.56 | &nbsp;&nbsp; 9-25-2045 | 1364012 | &nbsp;&nbsp; 1316008 |
| &nbsp;&nbsp;&nbsp; Dell Equipment Finance Trust Series 2025-1 Class A2144A | 4.68 | &nbsp;&nbsp; 7-22-2027 | 2250000 | &nbsp;&nbsp; 2256548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ECMC Group Student Loan Trust Series 2018-2A Class A (30 Day <br> Average U.S. SOFR+0.91%)144A±<br>| 4.99 | &nbsp;&nbsp; 9-25-2068 | 97076 | &nbsp;&nbsp; 96372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ECMC Group Student Loan Trust Series 2020-2A Class A (30 Day <br> Average U.S. SOFR+1.26%)144A±<br>| 5.34 | &nbsp;&nbsp; 11-25-2069 | 3227466 | &nbsp;&nbsp; 3253214 |
| &nbsp;&nbsp;&nbsp; Enterprise Fleet Financing LLC Series 2025-4 Class A2144A | 4.05 | &nbsp;&nbsp; 8-20-2028 | 4500000 | &nbsp;&nbsp; 4505785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EquiFirst Mortgage Loan Trust Series 2003-2 Class 3A3 (U.S. SOFR <br> 1 Month+1.24%)±<br>| 5.20 | &nbsp;&nbsp; 9-25-2033 | 79784 | &nbsp;&nbsp; 80214 |
| &nbsp;&nbsp;&nbsp; Exeter Automobile Receivables Trust Series 2021-3A Class D | 1.55 | &nbsp;&nbsp; 6-15-2027 | 747701 | &nbsp;&nbsp; 740669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance of America HECM Buyout Series 2024-HB1 <br> Class A1A144A±±<br>| 4.00 | &nbsp;&nbsp; 10-1-2034 | 183927 | &nbsp;&nbsp; 183827 |
| &nbsp;&nbsp;&nbsp; First Investors Auto Owner Trust Series 2023-1A Class A144A | 6.44 | &nbsp;&nbsp; 10-16-2028 | 327730 | &nbsp;&nbsp; 330303 |
| &nbsp;&nbsp;&nbsp; Flagship Credit Auto Trust Series 2020-3 Class E144A | 4.98 | &nbsp;&nbsp; 12-15-2027 | 4384742 | &nbsp;&nbsp; 4385096 |
| &nbsp;&nbsp;&nbsp; Flagship Credit Auto Trust Series 2024-1 Class A3144A | 5.48 | &nbsp;&nbsp; 10-16-2028 | 5000000 | &nbsp;&nbsp; 5013954 |
| &nbsp;&nbsp;&nbsp; FREED ABS Trust Series 2022-3FP Class D144A | 7.36 | &nbsp;&nbsp; 8-20-2029 | 790827 | &nbsp;&nbsp; 794986 |
| &nbsp;&nbsp;&nbsp; GLS Auto Receivables Issuer Trust Series 2024-2A Class D144A | 6.19 | &nbsp;&nbsp; 2-15-2030 | 5000000 | &nbsp;&nbsp; 5129779 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gracie Point International Funding LLC Series 2025-1A Class A (30 <br> Day Average U.S. SOFR+1.50%)144A±<br>| 5.71 | &nbsp;&nbsp; 8-15-2028 | 7000000 | &nbsp;&nbsp; 6999782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Imprint Payments Credit Card Master Trust Series 2025-A <br> Class A144A<br>| 4.84 | &nbsp;&nbsp; 9-15-2029 | 6350000 | &nbsp;&nbsp; 6363494 |
| &nbsp;&nbsp;&nbsp; John Deere Owner Trust Series 2023-C Class A4 | 5.39 | &nbsp;&nbsp; 8-15-2030 | 2327000 | &nbsp;&nbsp; 2372755 |
| &nbsp;&nbsp;&nbsp; Lendbuzz Securitization Trust Series 2024-3A Class A2144A | 4.97 | &nbsp;&nbsp; 10-15-2029 | 3959146 | &nbsp;&nbsp; 3957218 |
| &nbsp;&nbsp;&nbsp; Lendmark Funding Trust Series 2024-2A Class A144A | 4.47 | &nbsp;&nbsp; 2-21-2034 | 4620000 | &nbsp;&nbsp; 4625488 |
| &nbsp;&nbsp;&nbsp; M&T Bank Auto Receivables Trust Series 2024-1A Class A3144A | 5.22 | &nbsp;&nbsp; 2-17-2032 | 3715000 | &nbsp;&nbsp; 3755296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MF1 Ltd. Series 2021-FL7 Class A (U.S. SOFR 1 <br> Month+1.19%)144A±<br>| 5.15 | &nbsp;&nbsp; 10-16-2036 | 4299807 | &nbsp;&nbsp; 4297233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MF1 Ltd. Series 2022-FL8 Class A (U.S. SOFR 1 <br> Month+1.35%)144A±<br>| 5.31 | &nbsp;&nbsp; 2-19-2037 | 8457724 | &nbsp;&nbsp; 8464198 |
| &nbsp;&nbsp;&nbsp; Mission Lane Credit Card Master Trust Series 2024-B Class A144A | 5.88 | &nbsp;&nbsp; 1-15-2030 | 6280000 | &nbsp;&nbsp; 6324093 |
| &nbsp;&nbsp;&nbsp; MNR ABS Issuer I LLC‡ | 8.12 | &nbsp;&nbsp; 12-15-2038 | 1540829 | &nbsp;&nbsp; 1567793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Navient Private Education Refinance Loan Trust Series 2021-EA <br> Class A144A<br>| 0.97 | &nbsp;&nbsp; 12-16-2069 | 734236 | &nbsp;&nbsp; 660065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Navient Student Loan Trust Series 2017-3A Class A3 (30 Day <br> Average U.S. SOFR+1.16%)144A±<br>| 5.24 | &nbsp;&nbsp; 7-26-2066 | 3806092 | &nbsp;&nbsp; 3833535 |
| &nbsp;&nbsp;&nbsp; Neighborly Issuer LLC Series 2023-1A Class A2144A | 7.31 | &nbsp;&nbsp; 1-30-2053 | 6807500 | &nbsp;&nbsp; 6900070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NextGear Floorplan Master Owner Trust Series 2024-1A <br> Class A2144A<br>| 5.12 | &nbsp;&nbsp; 3-15-2029 | 8960000 | &nbsp;&nbsp; 9081496 |
| &nbsp;&nbsp;&nbsp; Nissan Auto Receivables Owner Trust Series 2025-B Class A2A | 4.00 | &nbsp;&nbsp; 7-17-2028 | 9725000 | &nbsp;&nbsp; 9730817 |
| &nbsp;&nbsp;&nbsp; Octane Receivables Trust Series 2025-RVM1 Class A144A | 4.48 | &nbsp;&nbsp; 12-20-2046 | 8000000 | &nbsp;&nbsp; 8016004 |

---

See accompanying notes to portfolio of investments

10 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Asset-backed securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; OneMain Financial Issuance Trust Series 2021-1A Class A1144A | 1.55<br> %<br>| &nbsp;&nbsp; 6-16-2036 | $6000000 | &nbsp;&nbsp; $5818317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OneMain Financial Issuance Trust Series 2023-2A Class A2 (30 Day <br> Average U.S. SOFR+1.50%)144A±<br>| 5.65 | &nbsp;&nbsp; 9-15-2036 | 5120000 | &nbsp;&nbsp; 5167047 |
| &nbsp;&nbsp;&nbsp; Oportun Issuance Trust Series 2025-C Class B144A | 4.93 | &nbsp;&nbsp; 7-8-2033 | 4364000 | &nbsp;&nbsp; 4357788 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Grantor Trust Series 2025-6 Class B144A | 4.88 | &nbsp;&nbsp; 4-15-2033 | 2945000 | &nbsp;&nbsp; 2933673 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Grantor Trust Series 2025-7 Class A2144A | 4.53 | &nbsp;&nbsp; 5-15-2033 | 12148000 | &nbsp;&nbsp; 12143489 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Trust Series 2023-8 Class A144A | 7.30 | &nbsp;&nbsp; 6-16-2031 | 1476949 | &nbsp;&nbsp; 1495004 |
| &nbsp;&nbsp;&nbsp; Pagaya AI Debt Trust Series 2025-4 Class A2144A | 5.37 | &nbsp;&nbsp; 1-17-2033 | 5584802 | &nbsp;&nbsp; 5629306 |
| &nbsp;&nbsp;&nbsp; PFS Financing Corp. Series 2024-B Class A144A | 4.95 | &nbsp;&nbsp; 2-15-2029 | 6031000 | &nbsp;&nbsp; 6088839 |
| &nbsp;&nbsp;&nbsp; PFS Financing Corp. Series 2025-D Class A144A | 4.47 | &nbsp;&nbsp; 5-15-2030 | 7000000 | &nbsp;&nbsp; 7070062 |
| &nbsp;&nbsp;&nbsp; Prestige Auto Receivables Trust Series 2024-2A Class B144A | 4.56 | &nbsp;&nbsp; 2-15-2029 | 3255000 | &nbsp;&nbsp; 3244048 |
| &nbsp;&nbsp;&nbsp; Qdoba Funding LLC Series 2023-1A Class A2144A | 8.50 | &nbsp;&nbsp; 9-14-2053 | 6982500 | &nbsp;&nbsp; 7263185 |
| &nbsp;&nbsp;&nbsp; RCKT Mortgage Trust Series 2023-CES3 Class A1B144A±± | 7.46 | &nbsp;&nbsp; 11-25-2043 | 1854319 | &nbsp;&nbsp; 1882475 |
| &nbsp;&nbsp;&nbsp; RFS Asset Securitization II LLC Series 2024-1 Class A144A | 6.55 | &nbsp;&nbsp; 7-15-2031 | 4190000 | &nbsp;&nbsp; 4266957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santander Bank Auto Credit-Linked Notes Series 2023-A <br> Class B144A<br>| 6.49 | &nbsp;&nbsp; 6-15-2033 | 69578 | &nbsp;&nbsp; 69669 |
| &nbsp;&nbsp;&nbsp; SBNA Auto Lease Trust Series 2025-A Class A3144A | 4.83 | &nbsp;&nbsp; 4-20-2028 | 1500000 | &nbsp;&nbsp; 1509500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SLM Private Education Loan Trust Series 2010-C Class A5 <br> (U.S. SOFR 1 Month+4.86%)144A±<br>| 8.82 | &nbsp;&nbsp; 10-15-2041 | 2169599 | &nbsp;&nbsp; 2280617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SLM Student Loan Trust Series 2003-10A Class A4 (90 Day Average <br> U.S. SOFR+0.93%)144A±<br>| 5.30 | &nbsp;&nbsp; 12-17-2068 | 9234532 | &nbsp;&nbsp; 9197217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SLM Student Loan Trust Series 2013-1 Class A3 (30 Day Average <br> U.S. SOFR+0.66%)±<br>| 4.74 | &nbsp;&nbsp; 5-26-2055 | 2283325 | &nbsp;&nbsp; 2261019 |
| &nbsp;&nbsp;&nbsp; Sotheby's ArtFi Master Trust Series 2024-1A Class A1144A | 6.43 | &nbsp;&nbsp; 12-22-2031 | 5800000 | &nbsp;&nbsp; 5826033 |
| &nbsp;&nbsp;&nbsp; Sotheby's ArtFi Master Trust Series 2024-1A Class B144A | 6.58 | &nbsp;&nbsp; 12-22-2031 | 2000000 | &nbsp;&nbsp; 2006893 |
| &nbsp;&nbsp;&nbsp; SpringCastle America Funding LLC Series 2020-AA Class A144A | 1.97 | &nbsp;&nbsp; 9-25-2037 | 1156730 | &nbsp;&nbsp; 1091596 |
| &nbsp;&nbsp;&nbsp; Synchrony Card Funding LLC Series 2025-A2 Class A | 4.49 | &nbsp;&nbsp; 5-15-2031 | 3625000 | &nbsp;&nbsp; 3674277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TCI-Symphony CLO Ltd. Series 2016-1A Class AR2 (U.S. SOFR 3 <br> Month+1.28%)144A±<br>| 5.19 | &nbsp;&nbsp; 10-13-2032 | 2675043 | &nbsp;&nbsp; 2675320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tesla Lease Electric Vehicle Securitization LLC Series 2025-A <br> Class A3144A<br>| 4.27 | &nbsp;&nbsp; 11-20-2028 | 7130000 | &nbsp;&nbsp; 7165756 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust Series 2025-FIX1 Class A1144A±± | 4.97 | &nbsp;&nbsp; 9-25-2065 | 5779206 | &nbsp;&nbsp; 5782835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TRTX Issuer Ltd. Series 2022-FL5 Class A (U.S. SOFR 1 <br> Month+1.65%)144A±<br>| 5.61 | &nbsp;&nbsp; 2-15-2039 | 8883856 | &nbsp;&nbsp; 8844082 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TRTX Issuer Ltd. Series 2025-FL6 Class A (U.S. SOFR 1 <br> Month+1.54%)144A±<br>| 5.50 | &nbsp;&nbsp; 9-18-2042 | 5100000 | &nbsp;&nbsp; 5104179 |
| &nbsp;&nbsp;&nbsp; Truist Bank Auto Credit-Linked Notes Series 2025-1 Class B144A | 4.73 | &nbsp;&nbsp; 9-26-2033 | 4852924 | &nbsp;&nbsp; 4857113 |
| &nbsp;&nbsp;&nbsp; U.S. Bank NA Series 2023-1 Class B144A | 6.79 | &nbsp;&nbsp; 8-25-2032 | 605723 | &nbsp;&nbsp; 612173 |
| &nbsp;&nbsp;&nbsp; Westlake Flooring Master Trust Series 2024-1A Class B144A | 6.07 | &nbsp;&nbsp; 2-15-2028 | 390000 | &nbsp;&nbsp; 391062 |
| &nbsp;&nbsp;&nbsp; Wheels Fleet Lease Funding 1 LLC Series 2024-2A Class A1144A | 4.87 | &nbsp;&nbsp; 6-21-2039 | 1564821 | &nbsp;&nbsp; 1577640 |
| &nbsp;&nbsp;&nbsp; World Omni Auto Receivables Trust Series 2025-D Class A3 | 3.95 | &nbsp;&nbsp; 3-17-2031 | 3300000 | &nbsp;&nbsp; 3308380 |
| **Total asset-backed securities (Cost $321,777,305)** |  |  |  | &nbsp;&nbsp; **321838205** |
| **Corporate bonds and notes: 28.78%** |  |  |  |  |
| **Basic materials: 0.24%** |  |  |  |  |
| **Forest products & paper: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Georgia-Pacific LLC144A | 4.40 | &nbsp;&nbsp; 6-30-2028 | 3500000 | &nbsp;&nbsp; **3538291** |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 11

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Communications: 0.64%** |  |  |  |  |
| **Internet: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; MercadoLibre, Inc. | 2.38<br> %<br>| &nbsp;&nbsp; 1-14-2026 | $2000000 | &nbsp;&nbsp; **$1990692** |
| **Telecommunications: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Frontier California, Inc. Series F | 6.75 | &nbsp;&nbsp; 5-15-2027 | 3405000 | &nbsp;&nbsp; 3456075 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint <br> Spectrum Co. III LLC144A<br>| 5.15 | &nbsp;&nbsp; 3-20-2028 | 4015000 | &nbsp;&nbsp; 4052627 |
|  |  |  |  | &nbsp;&nbsp; **7508702** |
| **Consumer, cyclical: 6.12%** |  |  |  |  |
| **Airlines: 1.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Alaska Airlines Pass-Through Trust Series 2020-1 Class A144A | 4.80 | &nbsp;&nbsp; 8-15-2027 | 3425194 | &nbsp;&nbsp; 3443371 |
| &nbsp;&nbsp;&nbsp; American Airlines Pass-Through Trust Series 2015-1 Class A | 3.38 | &nbsp;&nbsp; 5-1-2027 | 4740858 | &nbsp;&nbsp; 4670951 |
| &nbsp;&nbsp;&nbsp; Delta Air Lines, Inc. | 4.95 | &nbsp;&nbsp; 7-10-2028 | 2925000 | &nbsp;&nbsp; 2969870 |
| &nbsp;&nbsp;&nbsp; United Airlines, Inc.144A | 4.38 | &nbsp;&nbsp; 4-15-2026 | 6000000 | &nbsp;&nbsp; 5992435 |
|  |  |  |  | &nbsp;&nbsp; **17076627** |
| **Auto manufacturers: 3.58%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; BMW U.S. Capital LLC144A | 4.15 | &nbsp;&nbsp; 8-11-2027 | 5000000 | &nbsp;&nbsp; 5012156 |
| &nbsp;&nbsp;&nbsp; BMW U.S. Capital LLC144A | 4.65 | &nbsp;&nbsp; 8-13-2026 | 6505000 | &nbsp;&nbsp; 6534912 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Finance North America LLC144A | 4.30 | &nbsp;&nbsp; 8-12-2027 | 3075000 | &nbsp;&nbsp; 3086597 |
| &nbsp;&nbsp;&nbsp; Daimler Truck Finance North America LLC144A | 4.95 | &nbsp;&nbsp; 1-13-2028 | 6305000 | &nbsp;&nbsp; 6398959 |
| &nbsp;&nbsp;&nbsp; Ford Motor Credit Co. LLC | 5.13 | &nbsp;&nbsp; 11-5-2026 | 6000000 | &nbsp;&nbsp; 6029358 |
| &nbsp;&nbsp;&nbsp; General Motors Financial Co., Inc. | 5.35 | &nbsp;&nbsp; 7-15-2027 | 2185000 | &nbsp;&nbsp; 2222315 |
| &nbsp;&nbsp;&nbsp; General Motors Financial Co., Inc. | 5.40 | &nbsp;&nbsp; 4-6-2026 | 5000000 | &nbsp;&nbsp; 5020943 |
| &nbsp;&nbsp;&nbsp; Hyundai Capital America144A | 5.25 | &nbsp;&nbsp; 1-8-2027 | 7000000 | &nbsp;&nbsp; 7078964 |
| &nbsp;&nbsp;&nbsp; Toyota Motor Credit Corp. | 4.50 | &nbsp;&nbsp; 5-14-2027 | 5000000 | &nbsp;&nbsp; 5048782 |
| &nbsp;&nbsp;&nbsp; Volkswagen Group of America Finance LLC144A | 4.90 | &nbsp;&nbsp; 8-14-2026 | 6505000 | &nbsp;&nbsp; 6533150 |
|  |  |  |  | &nbsp;&nbsp; **52966136** |
| **Entertainment: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment, Inc.144A | 6.50 | &nbsp;&nbsp; 5-15-2027 | 3400000 | &nbsp;&nbsp; 3433915 |
| &nbsp;&nbsp;&nbsp; WarnerMedia Holdings, Inc. | 3.76 | &nbsp;&nbsp; 3-15-2027 | 1896000 | &nbsp;&nbsp; 1875817 |
|  |  |  |  | &nbsp;&nbsp; **5309732** |
| **Lodging: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp. | 5.90 | &nbsp;&nbsp; 6-1-2027 | 5000000 | &nbsp;&nbsp; **5092091** |
| **Retail: 0.68%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Lowe's Cos., Inc. | 3.95 | &nbsp;&nbsp; 10-15-2027 | 10000000 | &nbsp;&nbsp; **9989056** |
| **Consumer, non-cyclical: 3.41%** |  |  |  |  |
| **Agriculture: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | 4.75 | &nbsp;&nbsp; 2-12-2027 | 7000000 | &nbsp;&nbsp; **7065863** |
| **Commercial services: 1.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ashtead Capital, Inc.144A | 1.50 | &nbsp;&nbsp; 8-12-2026 | 2628000 | &nbsp;&nbsp; 2576139 |
| &nbsp;&nbsp;&nbsp; Ashtead Capital, Inc.144A | 4.38 | &nbsp;&nbsp; 8-15-2027 | 2850000 | &nbsp;&nbsp; 2849644 |

---

See accompanying notes to portfolio of investments

12 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Commercial services**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Global Payments, Inc. | 4.80<br> %<br>| &nbsp;&nbsp; 4-1-2026 | $6305000 | &nbsp;&nbsp; $6307890 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. | 4.75 | &nbsp;&nbsp; 8-9-2027 | 6505000 | &nbsp;&nbsp; 6571785 |
|  |  |  |  | &nbsp;&nbsp; **18305458** |
| **Food: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Mars, Inc.144A | 4.45 | &nbsp;&nbsp; 3-1-2027 | 5000000 | &nbsp;&nbsp; **5033888** |
| **Healthcare-products: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Baxter International, Inc.%% | 4.45 | &nbsp;&nbsp; 2-15-2029 | 5000000 | &nbsp;&nbsp; **5022460** |
| **Healthcare-services: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. | 4.40 | &nbsp;&nbsp; 6-15-2028 | 3000000 | &nbsp;&nbsp; **3036068** |
| **Pharmaceuticals: 0.81%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Bayer U.S. Finance LLC144A | 6.13 | &nbsp;&nbsp; 11-21-2026 | 2500000 | &nbsp;&nbsp; 2541194 |
| &nbsp;&nbsp;&nbsp; Cencora, Inc. | 4.63 | &nbsp;&nbsp; 12-15-2027 | 3140000 | &nbsp;&nbsp; 3179346 |
| &nbsp;&nbsp;&nbsp; EMD Finance LLC144A | 4.13 | &nbsp;&nbsp; 8-15-2028 | 3180000 | &nbsp;&nbsp; 3184880 |
| &nbsp;&nbsp;&nbsp; Pfizer, Inc. | 3.88 | &nbsp;&nbsp; 11-15-2027 | 3000000 | &nbsp;&nbsp; 3004817 |
|  |  |  |  | &nbsp;&nbsp; **11910237** |
| **Energy: 0.53%** |  |  |  |  |
| **Oil & gas: 0.47%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; ConocoPhillips Co. | 4.40 | &nbsp;&nbsp; 7-15-2027 | 6805000 | &nbsp;&nbsp; **6860450** |
| **Oil & gas services: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Cal Dive I-Title XI, Inc. | 4.93 | &nbsp;&nbsp; 2-1-2027 | 922608 | &nbsp;&nbsp; **921854** |
| **Financial: 11.10%** |  |  |  |  |
| **Banks: 6.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (U.S. SOFR+0.83%)± | 4.98 | &nbsp;&nbsp; 1-24-2029 | 5000000 | &nbsp;&nbsp; 5093470 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. (U.S. SOFR+1.11%)± | 4.62 | &nbsp;&nbsp; 5-9-2029 | 7000000 | &nbsp;&nbsp; 7095515 |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon (U.S. SOFR+1.14%)± | 4.73 | &nbsp;&nbsp; 4-20-2029 | 4740000 | &nbsp;&nbsp; 4824023 |
| &nbsp;&nbsp;&nbsp; Citibank NA | 4.58 | &nbsp;&nbsp; 5-29-2027 | 5000000 | &nbsp;&nbsp; 5047820 |
| &nbsp;&nbsp;&nbsp; Citigroup, Inc. (U.S. SOFR+0.87%)± | 4.79 | &nbsp;&nbsp; 3-4-2029 | 5000000 | &nbsp;&nbsp; 5070682 |
| &nbsp;&nbsp;&nbsp; Fifth Third Bank NA (U.S. SOFR+0.81%)± | 4.97 | &nbsp;&nbsp; 1-28-2028 | 3000000 | &nbsp;&nbsp; 3027009 |
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group, Inc. (U.S. SOFR+0.90%)± | 4.15 | &nbsp;&nbsp; 10-21-2029 | 7000000 | &nbsp;&nbsp; 7005045 |
| &nbsp;&nbsp;&nbsp; HSBC USA, Inc. | 4.65 | &nbsp;&nbsp; 6-3-2028 | 5600000 | &nbsp;&nbsp; 5693638 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. (U.S. SOFR+0.86%)± | 4.51 | &nbsp;&nbsp; 10-22-2028 | 2000000 | &nbsp;&nbsp; 2018155 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Bank NA (U.S. SOFR+0.87%)± | 5.50 | &nbsp;&nbsp; 5-26-2028 | 3600000 | &nbsp;&nbsp; 3674167 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley Bank NA (U.S. SOFR+0.91%)± | 5.02 | &nbsp;&nbsp; 1-12-2029 | 5000000 | &nbsp;&nbsp; 5094491 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley (U.S. SOFR+1.38%)± | 4.99 | &nbsp;&nbsp; 4-12-2029 | 7735000 | &nbsp;&nbsp; 7889383 |
| &nbsp;&nbsp;&nbsp; National Securities Clearing Corp.144A | 4.35 | &nbsp;&nbsp; 5-20-2027 | 5000000 | &nbsp;&nbsp; 5038849 |
| &nbsp;&nbsp;&nbsp; Santander Holdings USA, Inc. (U.S. SOFR+1.61%)± | 5.47 | &nbsp;&nbsp; 3-20-2029 | 6000000 | &nbsp;&nbsp; 6127198 |
| &nbsp;&nbsp;&nbsp; U.S. Bancorp (U.S. SOFR+1.88%)± | 6.79 | &nbsp;&nbsp; 10-26-2027 | 7000000 | &nbsp;&nbsp; 7164065 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. (U.S. SOFR+1.37%)± | 4.97 | &nbsp;&nbsp; 4-23-2029 | 6180000 | &nbsp;&nbsp; 6301235 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. Series W (U.S. SOFR+0.78%)± | 4.90 | &nbsp;&nbsp; 1-24-2028 | 3000000 | &nbsp;&nbsp; 3025673 |
|  |  |  |  | &nbsp;&nbsp; **89190418** |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 13

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Diversified financial services: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Citadel Finance LLC144A | 3.38<br> %<br>| &nbsp;&nbsp; 3-9-2026 | $3000000 | &nbsp;&nbsp; **$2988611** |
| **Insurance: 2.30%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Brown & Brown, Inc. | 4.70 | &nbsp;&nbsp; 6-23-2028 | 3000000 | &nbsp;&nbsp; 3029033 |
| &nbsp;&nbsp;&nbsp; Corebridge Global Funding144A | 4.25 | &nbsp;&nbsp; 8-21-2028 | 3210000 | &nbsp;&nbsp; 3217879 |
| &nbsp;&nbsp;&nbsp; Equitable Financial Life Global Funding144A | 5.50 | &nbsp;&nbsp; 12-2-2025 | 10615000 | &nbsp;&nbsp; 10615285 |
| &nbsp;&nbsp;&nbsp; Metropolitan Life Global Funding I144A | 5.05 | &nbsp;&nbsp; 6-11-2027 | 5000000 | &nbsp;&nbsp; 5077622 |
| &nbsp;&nbsp;&nbsp; Northwestern Mutual Global Funding144A | 4.13 | &nbsp;&nbsp; 8-25-2028 | 5000000 | &nbsp;&nbsp; 5022016 |
| &nbsp;&nbsp;&nbsp; RGA Global Funding144A | 4.35 | &nbsp;&nbsp; 8-25-2028 | 7000000 | &nbsp;&nbsp; 7026838 |
|  |  |  |  | &nbsp;&nbsp; **33988673** |
| **Investment Companies: 1.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ares Capital Corp. BDC | 2.15 | &nbsp;&nbsp; 7-15-2026 | 5000000 | &nbsp;&nbsp; 4924383 |
| &nbsp;&nbsp;&nbsp; Ares Strategic Income Fund BDC144A | 4.85 | &nbsp;&nbsp; 1-15-2029 | 3800000 | &nbsp;&nbsp; 3751564 |
| &nbsp;&nbsp;&nbsp; Blue Owl Capital Corp. BDC | 2.63 | &nbsp;&nbsp; 1-15-2027 | 5270000 | &nbsp;&nbsp; 5134847 |
| &nbsp;&nbsp;&nbsp; HPS Corporate Lending Fund BDC144A | 4.90 | &nbsp;&nbsp; 9-11-2028 | 3000000 | &nbsp;&nbsp; 2978204 |
|  |  |  |  | &nbsp;&nbsp; **16788998** |
| **REITs: 1.42%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; American Tower Trust #1144A | 5.49 | &nbsp;&nbsp; 3-15-2028 | 1670000 | &nbsp;&nbsp; 1699753 |
| &nbsp;&nbsp;&nbsp; EPR Properties | 4.75 | &nbsp;&nbsp; 12-15-2026 | 3000000 | &nbsp;&nbsp; 3007131 |
| &nbsp;&nbsp;&nbsp; SBA Tower Trust144A | 6.60 | &nbsp;&nbsp; 1-15-2028 | 5099000 | &nbsp;&nbsp; 5220119 |
| &nbsp;&nbsp;&nbsp; Tanger Properties LP | 3.13 | &nbsp;&nbsp; 9-1-2026 | 6975000 | &nbsp;&nbsp; 6914347 |
| &nbsp;&nbsp;&nbsp; WEA Finance LLC144A | 4.13 | &nbsp;&nbsp; 9-20-2028 | 4185000 | &nbsp;&nbsp; 4154289 |
|  |  |  |  | &nbsp;&nbsp; **20995639** |
| **Industrial: 1.86%** |  |  |  |  |
| **Electrical components & equipment: 0.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Molex Electronic Technologies LLC144A | 4.75 | &nbsp;&nbsp; 4-30-2028 | 5000000 | &nbsp;&nbsp; **5057011** |
| **Machinery-diversified: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp. | 6.05 | &nbsp;&nbsp; 2-15-2026 | 5255000 | &nbsp;&nbsp; **5267149** |
| **Packaging & containers: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Amcor Flexibles North America, Inc. | 4.80 | &nbsp;&nbsp; 3-17-2028 | 7000000 | &nbsp;&nbsp; **7096119** |
| **Trucking & leasing: 0.68%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; GATX Corp. | 5.40 | &nbsp;&nbsp; 3-15-2027 | 5000000 | &nbsp;&nbsp; 5072020 |
| &nbsp;&nbsp;&nbsp; Penske Truck Leasing Co. LP/PTL Finance Corp.144A | 5.75 | &nbsp;&nbsp; 5-24-2026 | 5000000 | &nbsp;&nbsp; 5029922 |
|  |  |  |  | &nbsp;&nbsp; **10101942** |
| **Technology: 2.11%** |  |  |  |  |
| **Computers: 1.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Dell International LLC/EMC Corp. | 4.15 | &nbsp;&nbsp; 2-15-2029 | 5000000 | &nbsp;&nbsp; 4993219 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. | 4.45 | &nbsp;&nbsp; 9-25-2026 | 7000000 | &nbsp;&nbsp; 7021439 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings, Inc. | 2.05 | &nbsp;&nbsp; 10-15-2026 | 5919000 | &nbsp;&nbsp; 5802944 |
|  |  |  |  | &nbsp;&nbsp; **17817602** |

---

See accompanying notes to portfolio of investments

14 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Semiconductors: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Intel Corp. | 3.75<br> %<br>| &nbsp;&nbsp; 8-5-2027 | $5407000 | &nbsp;&nbsp; **$5369411** |
| **Software: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Cadence Design Systems, Inc. | 4.20 | &nbsp;&nbsp; 9-10-2027 | 3000000 | &nbsp;&nbsp; 3012114 |
| &nbsp;&nbsp;&nbsp; Synopsys, Inc. | 4.55 | &nbsp;&nbsp; 4-1-2027 | 5000000 | &nbsp;&nbsp; 5034875 |
|  |  |  |  | &nbsp;&nbsp; **8046989** |
| **Utilities: 2.77%** |  |  |  |  |
| **Electric: 2.77%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Alliant Energy Finance LLC144A | 5.40 | &nbsp;&nbsp; 6-6-2027 | 5610000 | &nbsp;&nbsp; 5682328 |
| &nbsp;&nbsp;&nbsp; Dominion Energy, Inc. | 4.60 | &nbsp;&nbsp; 5-15-2028 | 5000000 | &nbsp;&nbsp; 5064684 |
| &nbsp;&nbsp;&nbsp; Emera U.S. Finance LP | 3.55 | &nbsp;&nbsp; 6-15-2026 | 4695000 | &nbsp;&nbsp; 4674205 |
| &nbsp;&nbsp;&nbsp; National Rural Utilities Cooperative Finance Corp. | 4.75 | &nbsp;&nbsp; 2-7-2028 | 5000000 | &nbsp;&nbsp; 5074693 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings, Inc. | 4.69 | &nbsp;&nbsp; 9-1-2027 | 7000000 | &nbsp;&nbsp; 7074089 |
| &nbsp;&nbsp;&nbsp; Southern California Edison Co. | 5.35 | &nbsp;&nbsp; 3-1-2026 | 5000000 | &nbsp;&nbsp; 5011623 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC144A | 3.70 | &nbsp;&nbsp; 1-30-2027 | 6195000 | &nbsp;&nbsp; 6145626 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC144A | 4.30 | &nbsp;&nbsp; 10-15-2028 | 2175000 | &nbsp;&nbsp; 2169421 |
|  |  |  |  | &nbsp;&nbsp; **40896669** |
| **Total corporate bonds and notes (Cost $421,559,396)** |  |  |  | &nbsp;&nbsp; **425232836** |

---

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

---

| | | |
|:---|:---|:---|
|  | Shares |  |
| **Investment companies: 0.92%** |  |  |
| **Exchange-traded funds: 0.92%** |  |  |
| &nbsp;&nbsp;&nbsp; iShares 0-5 Year High Yield Corporate Bond ETF | 314900 | &nbsp;&nbsp; **13565892** |
| **Total investment companies (Cost $14,331,099)** |  | &nbsp;&nbsp; **13565892** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  | Principal |  |
| **Municipal obligations: 0.06%** |  |  |  |  |
| **Indiana: 0.06%** |  |  |  |  |
| **Education revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indiana Secondary Market for Education Loans, Inc. (U.S. SOFR 1 <br> Month+0.80%)±<br>| 4.87 | &nbsp;&nbsp; 2-25-2044 | $925721 | &nbsp;&nbsp; **926683** |
| **Total municipal obligations (Cost $918,234)** |  |  |  | &nbsp;&nbsp; **926683** |
| **Non-agency mortgage-backed securities: 11.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1345 Trust Series 2025-AOA Class A (U.S. SOFR 1 <br> Month+1.60%)144A±<br>| 5.56 | &nbsp;&nbsp; 6-15-2042 | 3000000 | &nbsp;&nbsp; 3005625 |
| &nbsp;&nbsp;&nbsp; A&D Mortgage Trust Series 2024-NQM5 Class A1144A | 5.70 | &nbsp;&nbsp; 11-25-2069 | 3657748 | &nbsp;&nbsp; 3676907 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust Series 2020-4 Class A1144A±± | 1.47 | &nbsp;&nbsp; 6-25-2065 | 325672 | &nbsp;&nbsp; 314846 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust Series 2020-5 Class A2144A±± | 1.58 | &nbsp;&nbsp; 5-25-2065 | 232130 | &nbsp;&nbsp; 224392 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust Series 2020-R1 Class A1144A±± | 0.99 | &nbsp;&nbsp; 4-25-2053 | 1301366 | &nbsp;&nbsp; 1239290 |
| &nbsp;&nbsp;&nbsp; Angel Oak Mortgage Trust Series 2024-8 Class A1144A±± | 5.34 | &nbsp;&nbsp; 5-27-2069 | 707964 | &nbsp;&nbsp; 710148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust Series 2020-RPL1 <br> Class A1144A±±<br>| 2.50 | &nbsp;&nbsp; 5-26-2059 | 274061 | &nbsp;&nbsp; 269985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BRAVO Residential Funding Trust Series 2023-NQM1 <br> Class A1144A±±<br>| 5.76 | &nbsp;&nbsp; 1-25-2063 | 695748 | &nbsp;&nbsp; 694001 |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 15

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Non-agency mortgage-backed securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Bunker Hill Loan Depositary Trust Series 2019-2 Class A1144A±± | 2.88<br> %<br>| &nbsp;&nbsp; 7-25-2049 | $392555 | &nbsp;&nbsp; $385705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Trust Series 2025-VLT6 Class B (U.S. SOFR 1 <br> Month+1.89%)144A±<br>| 5.85 | &nbsp;&nbsp; 3-15-2042 | 5005000 | &nbsp;&nbsp; 4983128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BX Trust Series 2025-VOLT Class B (U.S. SOFR 1 <br> Month+2.10%)144A±%%<br>| 6.10 | &nbsp;&nbsp; 12-15-2044 | 4950000 | &nbsp;&nbsp; 4956187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BXP Trust Series 2017-CQHP Class A (U.S. SOFR 1 <br> Month+0.90%)144A±<br>| 4.86 | &nbsp;&nbsp; 11-15-2034 | 2410377 | &nbsp;&nbsp; 2304432 |
| &nbsp;&nbsp;&nbsp; CHL Mortgage Pass-Through Trust Series 2001-HYB1 Class 1A1±± | 5.75 | &nbsp;&nbsp; 6-19-2031 | 50456 | &nbsp;&nbsp; 50024 |
| &nbsp;&nbsp;&nbsp; CHL Mortgage Pass-Through Trust Series 2001-HYB1 Class 2A1±± | 5.88 | &nbsp;&nbsp; 6-19-2031 | 30909 | &nbsp;&nbsp; 30556 |
| &nbsp;&nbsp;&nbsp; CHNGE Mortgage Trust Series 2022-2 Class A1144A±± | 3.76 | &nbsp;&nbsp; 3-25-2067 | 9236776 | &nbsp;&nbsp; 9105222 |
| &nbsp;&nbsp;&nbsp; COLT Mortgage Loan Trust Series 2021-HX1 Class A1144A±± | 1.11 | &nbsp;&nbsp; 10-25-2066 | 8615534 | &nbsp;&nbsp; 7491793 |
| &nbsp;&nbsp;&nbsp; COLT Pass-Through Certificates Series 2021-1R Class A1144A±± | 0.86 | &nbsp;&nbsp; 5-25-2065 | 1527825 | &nbsp;&nbsp; 1397541 |
| &nbsp;&nbsp;&nbsp; CSAIL Commercial Mortgage Trust Series 2018-CX12 Class A2 | 4.14 | &nbsp;&nbsp; 8-15-2051 | 527955 | &nbsp;&nbsp; 525788 |
| &nbsp;&nbsp;&nbsp; CSMC Trust Series 2020-AFC1 Class A3144A±± | 3.51 | &nbsp;&nbsp; 2-25-2050 | 957298 | &nbsp;&nbsp; 919256 |
| &nbsp;&nbsp;&nbsp; CSMC Trust Series 2021-NQM2 Class A1144A±± | 1.18 | &nbsp;&nbsp; 2-25-2066 | 2996827 | &nbsp;&nbsp; 2695933 |
| &nbsp;&nbsp;&nbsp; CSMC Trust Series 2022-NQM1 Class A1144A±± | 2.27 | &nbsp;&nbsp; 11-25-2066 | 5089828 | &nbsp;&nbsp; 4687011 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust Series 2020-1 Class A1144A±± | 2.01 | &nbsp;&nbsp; 5-25-2065 | 2318 | &nbsp;&nbsp; 2311 |
| &nbsp;&nbsp;&nbsp; Ellington Financial Mortgage Trust Series 2021-1 Class A1144A±± | 0.80 | &nbsp;&nbsp; 2-25-2066 | 465371 | &nbsp;&nbsp; 408694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance of America Structured Securities Trust Series 2022-S6 <br> Class A1144A<br>| 3.00 | &nbsp;&nbsp; 7-25-2061 | 3719611 | &nbsp;&nbsp; 3713797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance of America Structured Securities Trust Series 2025-S1 <br> Class A1144A<br>| 3.50 | &nbsp;&nbsp; 2-25-2075 | 3991994 | &nbsp;&nbsp; 3874438 |
| &nbsp;&nbsp;&nbsp; GCAT Trust Series 2022-HX1 Class A1144A±± | 2.89 | &nbsp;&nbsp; 12-27-2066 | 10039390 | &nbsp;&nbsp; 9501342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage Securities Corp. Trust Series 2018-LUAU Class A <br> (U.S. SOFR 1 Month+1.30%)144A±<br>| 5.26 | &nbsp;&nbsp; 11-15-2032 | 2660721 | &nbsp;&nbsp; 2645140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust Series 2020-NQM1 <br> Class A1144A±±<br>| 1.38 | &nbsp;&nbsp; 9-27-2060 | 572008 | &nbsp;&nbsp; 545180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GS Mortgage-Backed Securities Trust Series 2024-HE1 Class A1 (30 <br> Day Average U.S. SOFR+1.60%)144A±<br>| 5.67 | &nbsp;&nbsp; 8-25-2054 | 4384131 | &nbsp;&nbsp; 4393275 |
| &nbsp;&nbsp;&nbsp; GSMPS Mortgage Loan Trust Series 1998-1 Class A144A±± | 8.00 | &nbsp;&nbsp; 9-19-2027 | 18932 | &nbsp;&nbsp; 18552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; HAVN Trust Series 2025-MOB Class A (U.S. SOFR 1 <br> Month+1.70%)144A±<br>| 5.66 | &nbsp;&nbsp; 10-15-2035 | 1775000 | &nbsp;&nbsp; 1775555 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust Series 2020-NQM1 Class A1144A±± | 1.38 | &nbsp;&nbsp; 10-25-2055 | 1230321 | &nbsp;&nbsp; 1165983 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust Series 2021-NQM1 Class A1144A±± | 1.07 | &nbsp;&nbsp; 6-25-2056 | 1388532 | &nbsp;&nbsp; 1220302 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust Series 2021-NQM3 Class A1144A±± | 1.60 | &nbsp;&nbsp; 11-25-2056 | 2990915 | &nbsp;&nbsp; 2599840 |
| &nbsp;&nbsp;&nbsp; Imperial Fund Mortgage Trust Series 2022-NQM3 Class A1144A±± | 4.38 | &nbsp;&nbsp; 5-25-2067 | 9963884 | &nbsp;&nbsp; 9928420 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Chase Commercial Mortgage Securities Trust <br> Series 2018-PHH Class A (U.S. SOFR 1 Month+1.26%)144A±<br>| 5.22 | &nbsp;&nbsp; 6-15-2035 | 3571081 | &nbsp;&nbsp; 3018725 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust Series 2025-4 Class A4A144A±± | 5.50 | &nbsp;&nbsp; 11-25-2055 | 5214377 | &nbsp;&nbsp; 5259174 |
| &nbsp;&nbsp;&nbsp; JPMorgan Mortgage Trust Series 2025-7MPR Class A1D144A±± | 5.32 | &nbsp;&nbsp; 2-25-2056 | 1937855 | &nbsp;&nbsp; 1942541 |
| &nbsp;&nbsp;&nbsp; Legacy Mortgage Asset Trust Series 2020-RPL1 Class A1144A±± | 3.00 | &nbsp;&nbsp; 9-25-2059 | 5059857 | &nbsp;&nbsp; 4878460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MASTR Adjustable Rate Mortgages Trust Series 2002-3 <br> Class 4A1±±<br>| 6.63 | &nbsp;&nbsp; 10-25-2032 | 1273 | &nbsp;&nbsp; 1283 |
| &nbsp;&nbsp;&nbsp; MFA Trust Series 2020-NQM1 Class A1144A±± | 2.48 | &nbsp;&nbsp; 3-25-2065 | 444340 | &nbsp;&nbsp; 432442 |
| &nbsp;&nbsp;&nbsp; MFA Trust Series 2020-NQM3 Class A1144A±± | 1.01 | &nbsp;&nbsp; 1-26-2065 | 597948 | &nbsp;&nbsp; 570239 |
| &nbsp;&nbsp;&nbsp; MFA Trust Series 2021-NQM1 Class A1144A±± | 1.15 | &nbsp;&nbsp; 4-25-2065 | 1889156 | &nbsp;&nbsp; 1784888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Residential Mortgage Loan Trust Series 2021-INV1 <br> Class A6144A±±<br>| 2.50 | &nbsp;&nbsp; 6-25-2051 | 4322294 | &nbsp;&nbsp; 3930695 |
| &nbsp;&nbsp;&nbsp; NYMT Loan Trust Series 2025-INV2 Class A1144A±± | 5.00 | &nbsp;&nbsp; 10-25-2060 | 4972674 | &nbsp;&nbsp; 4988302 |

---

See accompanying notes to portfolio of investments

16 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Non-agency mortgage-backed securities**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; OBX Trust Series 2020-EXP1 Class 1A8144A±± | 3.50<br> %<br>| &nbsp;&nbsp; 2-25-2060 | $521885 | &nbsp;&nbsp; $465651 |
| &nbsp;&nbsp;&nbsp; OBX Trust Series 2021-NQM3 Class A1144A±± | 1.05 | &nbsp;&nbsp; 7-25-2061 | 3165696 | &nbsp;&nbsp; 2619516 |
| &nbsp;&nbsp;&nbsp; Residential Mortgage Loan Trust Series 2021-1R Class A1144A±± | 0.86 | &nbsp;&nbsp; 1-25-2065 | 891912 | &nbsp;&nbsp; 864524 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SPGN Mortgage Trust Series 2022-TFLM Class A (U.S. SOFR 1 <br> Month+1.55%)144A±<br>| 5.51 | &nbsp;&nbsp; 2-15-2039 | 20000000 | &nbsp;&nbsp; 19996318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust Series 2020-1 <br> Class A3144A±±<br>| 2.56 | &nbsp;&nbsp; 2-25-2050 | 2088298 | &nbsp;&nbsp; 2007758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Starwood Mortgage Residential Trust Series 2021-2 <br> Class A1144A±±<br>| 0.94 | &nbsp;&nbsp; 5-25-2065 | 1365078 | &nbsp;&nbsp; 1295116 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust Series 2017-4 Class A1144A±± | 2.75 | &nbsp;&nbsp; 6-25-2057 | 362775 | &nbsp;&nbsp; 356055 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust Series 2017-6 Class A1144A±± | 2.75 | &nbsp;&nbsp; 10-25-2057 | 332430 | &nbsp;&nbsp; 327686 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust Series 2018-2 Class A1144A±± | 3.25 | &nbsp;&nbsp; 3-25-2058 | 413384 | &nbsp;&nbsp; 409361 |
| &nbsp;&nbsp;&nbsp; Towd Point Mortgage Trust Series 2018-3 Class A1144A±± | 3.75 | &nbsp;&nbsp; 5-25-2058 | 1803231 | &nbsp;&nbsp; 1775143 |
| &nbsp;&nbsp;&nbsp; TRK Trust Series 2021-INV2 Class A1144A±± | 1.97 | &nbsp;&nbsp; 11-25-2056 | 8173416 | &nbsp;&nbsp; 7422373 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust Series 2021-1 Class A2144A±± | 1.05 | &nbsp;&nbsp; 1-25-2066 | 1992372 | &nbsp;&nbsp; 1809103 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust Series 2021-2 Class A1144A±± | 1.03 | &nbsp;&nbsp; 2-25-2066 | 1196065 | &nbsp;&nbsp; 1093577 |
| &nbsp;&nbsp;&nbsp; Verus Securitization Trust Series 2021-R3 Class A1144A±± | 1.02 | &nbsp;&nbsp; 4-25-2064 | 1772276 | &nbsp;&nbsp; 1693386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wells Fargo Commercial Mortgage Trust Series 2025-NYCH Class A <br> (U.S. SOFR 1 Month+1.74%)144A±<br>| 5.70 | &nbsp;&nbsp; 6-15-2042 | 3000000 | &nbsp;&nbsp; 2992500 |
| &nbsp;&nbsp;&nbsp; Wilshire Funding Corp. Series 1996-3 Class M2±± | 7.68 | &nbsp;&nbsp; 8-25-2032 | 70051 | &nbsp;&nbsp; 70294 |
| &nbsp;&nbsp;&nbsp; Wilshire Funding Corp. Series 1996-3 Class M3±± | 7.68 | &nbsp;&nbsp; 8-25-2032 | 24506 | &nbsp;&nbsp; 24308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wilshire Funding Corp. Series 1998-WFC2 Class M1 (12 Month <br> Treasury Average+2.00%)±<br>| 6.15 | &nbsp;&nbsp; 12-28-2037 | 25314 | &nbsp;&nbsp; 25191 |
| **Total non-agency mortgage-backed securities (Cost $170,395,649)** |  |  |  | &nbsp;&nbsp; **163515208** |
| **U.S. Treasury securities: 9.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | 3.50 | &nbsp;&nbsp; 9-30-2026 | 22000000 | &nbsp;&nbsp; 21968719 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | 3.75 | &nbsp;&nbsp; 8-31-2026 | 95925000 | &nbsp;&nbsp; 95947033 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | 4.25 | &nbsp;&nbsp; 1-31-2026 | 20285000 | &nbsp;&nbsp; 20294905 |
| **Total U.S. Treasury securities (Cost $138,215,297)** |  |  |  | &nbsp;&nbsp; **138210657** |
| **Yankee corporate bonds and notes: 8.07%** |  |  |  |  |
| **Basic materials: 0.05%** |  |  |  |  |
| **Chemicals: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Braskem Netherlands Finance BV144A | 4.50 | &nbsp;&nbsp; 1-10-2028 | 1875000 | &nbsp;&nbsp; **733687** |
| **Communications: 0.75%** |  |  |  |  |
| **Telecommunications: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; NTT Finance Corp.144A | 4.57 | &nbsp;&nbsp; 7-16-2027 | 5920000 | &nbsp;&nbsp; 5964637 |
| &nbsp;&nbsp;&nbsp; NTT Finance Corp.144A | 5.10 | &nbsp;&nbsp; 7-2-2027 | 5000000 | &nbsp;&nbsp; 5078896 |
|  |  |  |  | &nbsp;&nbsp; **11043533** |
| **Consumer, cyclical: 0.23%** |  |  |  |  |
| **Leisure time: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd.144A | 5.38 | &nbsp;&nbsp; 7-15-2027 | 3400000 | &nbsp;&nbsp; **3426240** |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 17

------

Portfolio of investments—November 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Consumer, non-cyclical: 0.44%** |  |  |  |  |
| **Household products/wares: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Reckitt Benckiser Treasury Services PLC144A | 3.00<br> %<br>| &nbsp;&nbsp; 6-26-2027 | $6570000 | &nbsp;&nbsp; **$6472497** |
| **Financial: 5.76%** |  |  |  |  |
| **Banks: 4.60%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Banque Federative du Credit Mutuel SA144A | 4.94 | &nbsp;&nbsp; 1-26-2026 | 5000000 | &nbsp;&nbsp; 5005691 |
| &nbsp;&nbsp;&nbsp; Barclays PLC (U.S. SOFR+0.96%)± | 5.09 | &nbsp;&nbsp; 2-25-2029 | 6255000 | &nbsp;&nbsp; 6373200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC (1 Year Treasury Constant <br> Maturity+0.83%)±<br>| 4.82 | &nbsp;&nbsp; 6-13-2029 | 4580000 | &nbsp;&nbsp; 4653329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lloyds Banking Group PLC (1 Year Treasury Constant <br> Maturity+1.70%)±<br>| 5.87 | &nbsp;&nbsp; 3-6-2029 | 6150000 | &nbsp;&nbsp; 6383264 |
| &nbsp;&nbsp;&nbsp; Macquarie Bank Ltd.144A | 5.27 | &nbsp;&nbsp; 7-2-2027 | 5000000 | &nbsp;&nbsp; 5107461 |
| &nbsp;&nbsp;&nbsp; National Australia Bank Ltd. | 4.50 | &nbsp;&nbsp; 10-26-2027 | 7000000 | &nbsp;&nbsp; 7087768 |
| &nbsp;&nbsp;&nbsp; National Bank of Canada (U.S. SOFR+0.80%)± | 4.95 | &nbsp;&nbsp; 2-1-2028 | 4000000 | &nbsp;&nbsp; 4040382 |
| &nbsp;&nbsp;&nbsp; NatWest Markets PLC144A | 5.42 | &nbsp;&nbsp; 5-17-2027 | 5000000 | &nbsp;&nbsp; 5100659 |
| &nbsp;&nbsp;&nbsp; Skandinaviska Enskilda Banken AB144A | 4.38 | &nbsp;&nbsp; 6-2-2028 | 7000000 | &nbsp;&nbsp; 7078332 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group, Inc. | 5.46 | &nbsp;&nbsp; 1-13-2026 | 10000000 | &nbsp;&nbsp; 10010246 |
| &nbsp;&nbsp;&nbsp; UBS Group AG (1 Year Treasury Constant Maturity+1.60%)144A± | 6.33 | &nbsp;&nbsp; 12-22-2027 | 7000000 | &nbsp;&nbsp; 7155335 |
|  |  |  |  | &nbsp;&nbsp; **67995667** |
| **Diversified financial services: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global Aviation Trust | 4.88 | &nbsp;&nbsp; 4-1-2028 | 5000000 | &nbsp;&nbsp; 5081439 |
| &nbsp;&nbsp;&nbsp; Avolon Holdings Funding Ltd.144A | 4.95 | &nbsp;&nbsp; 1-15-2028 | 6100000 | &nbsp;&nbsp; 6171944 |
|  |  |  |  | &nbsp;&nbsp; **11253383** |
| **Real estate: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ontario Teachers' Cadillac Fairview Properties Trust144A | 3.88 | &nbsp;&nbsp; 3-20-2027 | 5875000 | &nbsp;&nbsp; **5847540** |
| **Government securities: 0.40%** |  |  |  |  |
| **Multi-national: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Banque Ouest Africaine de Developpement144A | 5.00 | &nbsp;&nbsp; 7-27-2027 | 6000000 | &nbsp;&nbsp; **5956568** |
| **Utilities: 0.44%** |  |  |  |  |
| **Electric: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Emera, Inc. Series 16-A (U.S. SOFR 3 Month+5.44%)± | 6.75 | &nbsp;&nbsp; 6-15-2076 | 1500000 | &nbsp;&nbsp; 1510975 |
| &nbsp;&nbsp;&nbsp; Enel Finance International NV144A | 4.13 | &nbsp;&nbsp; 9-30-2028 | 5000000 | &nbsp;&nbsp; 5003620 |
|  |  |  |  | &nbsp;&nbsp; **6514595** |
| **Total yankee corporate bonds and notes (Cost $118,784,799)** |  |  |  | &nbsp;&nbsp; **119243710** |
| **Yankee government bonds: 0.33%** |  |  |  |  |
| **Panama: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Panama | 3.88 | &nbsp;&nbsp; 3-17-2028 | 5000000 | &nbsp;&nbsp; **4900500** |
| **Total yankee government bonds (Cost $4,793,598)** |  |  |  | &nbsp;&nbsp; **4900500** |

---

See accompanying notes to portfolio of investments

18 \| Allspring Ultra Short-Term Income Fund

------

Portfolio of investments—November 30, 2025 (unaudited)

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

---

| | | | |
|:---|:---|:---|:---|
|  | Yield | Shares | Value |
| **Short-term investments: 15.05%** |  |  |  |
| **Investment companies: 4.58%** |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞## | 3.93<br> %<br>| 67729850 | &nbsp;&nbsp; $**67729850** |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  |  | Maturity <br>date<br>| Principal |  |
| **U.S. Treasury securities: 10.47%** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills☼ |  | 3.45 | &nbsp;&nbsp; 12-9-2025 | $43000000 | &nbsp;&nbsp; 42962827 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills☼ |  | 3.64 | &nbsp;&nbsp; 12-18-2025 | 45000000 | &nbsp;&nbsp; 44916944 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills☼ |  | 3.66 | &nbsp;&nbsp; 12-16-2025 | 37000000 | &nbsp;&nbsp; 36939806 |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills☼ |  | 3.73 | &nbsp;&nbsp; 12-23-2025 | 30000000 | &nbsp;&nbsp; 29928524 |
|  |  |  |  |  | &nbsp;&nbsp; **154748101** |
| **Total short-term investments (Cost $222,479,626)** |  |  |  |  | &nbsp;&nbsp; **222477951** |
| **Total investments in securities (Cost $1,484,767,291)** | 100.25<br> %<br>|  |  |  | &nbsp;&nbsp; 1481471214 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | (0.25)<br>|  |  |  | &nbsp;&nbsp; (3765092)<br>|
| **Total net assets** | **100.00%**<br>|  |  |  | &nbsp;&nbsp; **$1477706122** |

---

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

---

| | |
|:---|:---|
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ƒ | Investment in an interest-only security that entitles holders to receive only the interest payments on the underlying mortgages. The principal amount shown is the <br> notional amount of the underlying mortgages. The rate represents the coupon rate.<br>|
| ±± | The coupon of the security is adjusted based on the principal and/or interest payments received from the underlying pool of mortgages as well as the credit quality <br> and the actual prepayment speed of the underlying mortgages. The rate shown is the rate in effect at period end.<br>|
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| %% | The security is purchased on a when-issued basis. |
| ‡ | Security is valued using significant unobservable inputs. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∞ | The rate represents the 7-day annualized yield at period end. |
| ## | All or a portion of this security is segregated as collateral for when-issued securities. |
| ☼ | Zero coupon security. The rate represents the current yield to maturity. |

---

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| BDC | Business Development Company |
| CLO | Collateralized loan obligation |
| COFI | Cost of Funds Index |
| FHLMC | Federal Home Loan Mortgage Corporation |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| REIT | Real estate investment trust |
| RFUCCT1Y | Refinitiv USD IBOR Consumer Cash Fallbacks Term 1-year |
| RFUCCT1M | Refinitiv USD IBOR Consumer Cash Fallbacks Term 1-month |
| RFUCCT6M | Refinitiv USD IBOR Consumer Cash Fallbacks Term 6-month |
| SOFR | Secured Overnight Financing Rate |
| STRIPS | Separate trading of registered interest and principal of securities |

---

See accompanying notes to portfolio of investments

Allspring Ultra Short-Term Income Fund \| 19

------

Portfolio of investments—November 30, 2025 (unaudited)

**Investments in affiliates**

An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund <br> Select Class<br>| $59651786 | $287368577 | $(279290513)<br>| $0 | $0 | $67729850 | 67729850 | $652283 |

---

**Futures contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Description | &nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp; Notional <br>cost<br>| &nbsp;&nbsp; Notional <br>value<br>| &nbsp;&nbsp; Unrealized <br>gains<br>| &nbsp;&nbsp; Unrealized <br>losses<br>|
| **Short** |  |  |  |  |  |  |
| &nbsp;&nbsp; 10-Year U.S. Treasury Notes | &nbsp;&nbsp; (352)<br>| &nbsp;&nbsp; 3-20-2026 | &nbsp;&nbsp; $(39880713)<br>| &nbsp;&nbsp; $(39897000)<br>| &nbsp;&nbsp; $0 | &nbsp;&nbsp; $(16287)<br>|
| &nbsp;&nbsp; 2-Year U.S. Treasury Notes | &nbsp;&nbsp; (723)<br>| &nbsp;&nbsp; 3-31-2026 | &nbsp;&nbsp; (151038062)<br>| &nbsp;&nbsp; (151005329)<br>| &nbsp;&nbsp; 32733 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp; 5-Year U.S. Treasury Notes | &nbsp;&nbsp; (313)<br>| &nbsp;&nbsp; 3-31-2026 | &nbsp;&nbsp; (34350337)<br>| &nbsp;&nbsp; (34356640)<br>| &nbsp;&nbsp; 0 | &nbsp;&nbsp; (6303)<br>|
|  |  |  |  |  | &nbsp;&nbsp; **$32733** | &nbsp;&nbsp; **$(22590)**<br>|

---

See accompanying notes to portfolio of investments

20 \| Allspring Ultra Short-Term Income Fund

------

Notes to portfolio of investments—November 30, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g., taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Equity securities, exchange-traded funds and futures contracts that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Futures contracts

Futures contracts are agreements between the Fund and a counterparty to buy or sell a specific amount of a commodity, financial instrument or currency at a specified price and on a specified date. The Fund may buy and sell futures contracts in order to gain exposure to, or protect against, changes in interest rates and is subject to interest rate risk. The primary risks associated with the use of futures contracts are the imperfect correlation between changes in market values of securities held by the Fund and the prices of futures contracts, and the possibility of an illiquid market. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange. With futures contracts, there is minimal counterparty risk to the Fund since futures contracts are exchange-traded and the exchange's clearinghouse, as the counterparty to all exchange-traded futures, guarantees the futures contracts against default.

Upon entering into a futures contract, the Fund is required to deposit either cash or securities (initial margin) with the broker in an amount equal to a certain percentage of the contract value. Subsequent payments (variation margin) are paid to or received from the broker each day equal to the daily changes in the contract value. Such payments are recorded as unrealized gains or losses and, if any, shown as variation margin receivable (payable). Should the Fund fail to make requested variation margin payments, the broker can gain access to the initial margin to satisfy the Fund's payment obligations. When the contracts are closed, a realized gain or loss is recorded.

Mortgage dollar roll transactions

The Fund may engage in mortgage dollar roll transactions through To Be Announced (TBA) mortgage-backed securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC). In a mortgage dollar roll transaction, the Fund sells a mortgage-backed security to a financial institution, such as a bank or broker-dealer and simultaneously agrees to repurchase a substantially similar security from the institution at a later date at an agreed upon price. The mortgage-backed securities that are repurchased will bear the same interest rate as those sold, but generally will be collateralized by different pools of mortgages with different pre-payment histories. During the roll period, the Fund foregoes principal and interest paid on the securities. The Fund is compensated by the difference between the current sales price and the forward price for the future purchase as well as by the earnings on the cash proceeds of the initial sale. Mortgage dollar rolls may be renewed without physical delivery of the securities subject to the contract. The Fund accounts for TBA dollar roll transactions as purchases and sales which, as a result, may increase its portfolio turnover rate.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in

Allspring Ultra Short-Term Income Fund \| 21

------

Notes to portfolio of investments—November 30, 2025 (unaudited)

active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Agency securities** | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $71559572 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $71559572 |
| **Asset-backed securities** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 320270412 | &nbsp;&nbsp;&nbsp;&nbsp; 1567793 | &nbsp;&nbsp;&nbsp;&nbsp; 321838205 |
| **Corporate bonds and notes** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 425232836 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 425232836 |
| **Investment companies** | &nbsp;&nbsp; 13565892 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 13565892 |
| **Municipal obligations** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 926683 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 926683 |
| **Non-agency mortgage-backed securities** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 163515208 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 163515208 |
| **U.S. Treasury securities** | &nbsp;&nbsp; 138210657 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 138210657 |
| **Yankee corporate bonds and notes** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 119243710 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 119243710 |
| **Yankee government bonds** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 4900500 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 4900500 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 67729850 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 67729850 |
| *U.S. Treasury securities* | &nbsp;&nbsp; 154748101 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 154748101 |
|  | &nbsp;&nbsp; 374254500 | &nbsp;&nbsp;&nbsp;&nbsp; 1105648921 | &nbsp;&nbsp;&nbsp;&nbsp; 1567793 | &nbsp;&nbsp;&nbsp;&nbsp; 1481471214 |
| **Futures contracts** | &nbsp;&nbsp; 32733 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 32733 |
| **Total assets** | &nbsp;&nbsp; **$374287233** | &nbsp;&nbsp;&nbsp; **$1105648921** | &nbsp;&nbsp;&nbsp; **$1567793** | &nbsp;&nbsp;&nbsp; **$1481503947** |
| **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** | **Liabilities** |
| **Futures contracts** | &nbsp;&nbsp; $22590 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $22590 |
| **Total liabilities** | &nbsp;&nbsp; **$22590** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$22590** |

---

Futures contracts are reported at their cumulative unrealized gains (losses) at measurement date as reported in the table following the Portfolio of investments. All other assets and liabilities are reported at their market value at measurement date.

Additional sector, industry or geographic detail, if any, is included in the Portfolio of investments.

As of November 30, 2025, $2,919,000 was segregated as cash collateral for these open futures contracts.

At November 30, 2025, the Fund did not have any transfers into/out of Level 3.

22 \| Allspring Ultra Short-Term Income Fund

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Ultra Short-Term Income Fund

- **b. EDGAR series identifier (if any):** S000007431

- **c. LEI of Series:** 549300YSJF3G2WMEW567

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1495182916.97

**Total Liabilities:** $21268045.16

**Net Assets:** $1473914871.81

**Delayed Delivery Securities:** $15501600.00

**Cash Not Reported:** $3166995.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -5104.29000000 | **1-Year:** -77954.68000000 | **5-Year:** -36144.72000000 | **10-Year:** -10319.25000000 | **30-Year:** -2041.72000000

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

- **3-Month:** -438.16000000 | **1-Year:** -6782.85000000 | **5-Year:** -2678.86000000 | **10-Year:** -2533.96000000 | **30-Year:** -406.73000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020395 | 0.35%                | 0.35%                | 0.35%                |
| Class ID C000020396 | 0.37%                | 0.37%                | 0.36%                |
| Class ID C000064989 | 0.29%                | 0.29%                |  |
| Class ID C000220297 | 0.36%                | 0.36%                | 0.35%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $463176.43               | $-631644.01                                |
| Month 2  | $97161.22                | $-493748.47                                |
| Month 3  | $73946.71                | $757474.10                                 |

### 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 2024-NQM5                                                    | CUSIP: 00039KAC4<br>LEI: 9845006Z1DC68561N347 | Long             | ABS-MBS          | CORP              | US        |   3657748 | PA      | $3676907.09   | 0.25%             | 2069-11-25      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE GLOB FUNDING                          | Corebridge Global Funding                                                       | CUSIP: 00138CBG2<br>LEI: 54930057MDZ7KOVOTV71 | Long             | DBT              | CORP              | US        |   3210000 | PA      | $3217879.04   | 0.22%             | 2028-08-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ACM Auto Trust                                   | ACM Auto Trust 2025-3                                                           | CUSIP: 00161UAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1839419 | PA      | $1835897.35   | 0.12%             | 2030-01-22      | Fixed         | 5.01%                 | No            |                  2 | On Loan: No      |
| Acacia LLC                                       | Acacia 2025-1 LLC                                                               | CUSIP: 00401PAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3500000 | PA      | $3503172.75   | 0.24%             | 2037-11-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                         | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MBN4<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   5000000 | PA      | $5081439.10   | 0.34%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Affirm Inc                                       | Affirm Asset Securitization Trust 2024-B                                        | CUSIP: 00835AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7016165.80   | 0.48%             | 2029-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ALASKA AIRLINES 2020 TR                          | Alaska Airlines 2020-1 Class A Pass Through Trust                               | CUSIP: 01166VAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3425194 | PA      | $3443370.60   | 0.23%             | 2027-08-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Aligned Data Centers Issuer LLC                  | Aligned Data Centers Issuer LLC                                                 | CUSIP: 01627AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6852346.90   | 0.46%             | 2046-08-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                           | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAF3<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |   5610000 | PA      | $5682328.05   | 0.39%             | 2027-06-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                      | Ally Auto Receivables Trust 2024-2                                              | CUSIP: 02007NAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $4003725.60   | 0.27%             | 2029-07-16      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                      | Ally Auto Receivables Trust 2025-1                                              | CUSIP: 02008KAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1910000 | PA      | $1912049.05   | 0.13%             | 2030-03-15      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| AMCOR FLEXIBLES NORTH AM                         | Amcor Flexibles North America Inc                                               | CUSIP: 02344AAF5<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7096118.68   | 0.48%             | 2028-03-17      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AMER AIRLN 15-1 A PTT                            | American Airlines 2015-1 Class A Pass Through Trust                             | CUSIP: 023770AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4740858 | PA      | $4670951.57   | 0.32%             | 2027-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| American Credit Acceptance Receivables Trust     | American Credit Acceptance Receivables Trust 2024-4                             | CUSIP: 024945AC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4685000 | PA      | $4687134.49   | 0.32%             | 2028-11-13      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER TRUST I                           | American Tower Trust #1                                                         | CUSIP: 03027WAM4<br>LEI: 5493004YGM0MQZJOEJ36 | Long             | DBT              |  | US        |   1670000 | PA      | $1699753.56   | 0.12%             | 2028-03-15      | Fixed         | 5.49%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust         | AmeriCredit Automobile Receivables Trust 2025-1                                 | CUSIP: 03067FAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4750000 | PA      | $4753442.80   | 0.32%             | 2029-03-19      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                      | Cencora Inc                                                                     | CUSIP: 03073EAV7<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | DBT              | CORP              | US        |   3140000 | PA      | $3179345.93   | 0.22%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2025-HB2                                               | CUSIP: 034648AA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5555000 | PA      | $5553863.39   | 0.38%             | 2055-12-25      | Floating      | 5.64%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-4                                                 | CUSIP: 03464LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325672 | PA      | $314846.37    | 0.02%             | 2065-06-25      | Variable      | 1.47%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-5                                                 | CUSIP: 03464WAB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    232130 | PA      | $224392.22    | 0.02%             | 2065-05-25      | Variable      | 1.58%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2020-R1                                                | CUSIP: 034651AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1301366 | PA      | $1239289.87   | 0.08%             | 2053-04-25      | Variable      | 0.99%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2024-8                                                 | CUSIP: 03465QAA2<br>LEI: 254900BM1HTLL3SKQ481 | Long             | ABS-MBS          | CORP              | US        |    707964 | PA      | $710148.13    | 0.05%             | 2069-05-27      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| Angel Oak Mortgage Trust                         | Angel Oak Mortgage Trust 2025-HB1                                               | CUSIP: 034936AA2<br>LEI: 254900ZFKOWCY24MSQ94 | Long             | ABS-O            | CORP              | US        |   2326013 | PA      | $2340979.40   | 0.16%             | 2055-02-25      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Aqua Finance Trust                               | Aqua Finance Trust 2021-A                                                       | CUSIP: 03842VAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2251873 | PA      | $2073719.50   | 0.14%             | 2046-07-17      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                                | Ares Capital Corp                                                               | CUSIP: 04010LBA0<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4924382.65   | 0.33%             | 2026-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ARES STRATEGIC INCOME FU                         | Ares Strategic Income Fund                                                      | CUSIP: 04020EAP2<br>LEI: 549300IANZJVZPTICV54 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $3751563.91   | 0.25%             | 2029-01-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                             | CUSIP: 045054AF0<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   2850000 | PA      | $2849643.86   | 0.19%             | 2027-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ASHTEAD CAPITAL INC                              | Ashtead Capital Inc                                                             | CUSIP: 045054AN3<br>LEI: 213800J1134IW58IC398 | Long             | DBT              | CORP              | US        |   2628000 | PA      | $2576139.26   | 0.17%             | 2026-08-12      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                         | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAW1<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |   6100000 | PA      | $6171943.95   | 0.42%             | 2028-01-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                              | CUSIP: 05565ECP8<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   6505000 | PA      | $6534912.40   | 0.44%             | 2026-08-13      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                               | BMW US Capital LLC                                                              | CUSIP: 05565EDA0<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5012155.60   | 0.34%             | 2027-08-11      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Brex Inc                                         | Brex Commercial Charge Card Master Trust                                        | CUSIP: 05601DAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2715000 | PA      | $2726036.75   | 0.18%             | 2027-07-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2025-VOLT                                                              | CUSIP: 05619PAC0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4950000 | PA      | $4956187.50   | 0.34%             | 2044-12-15      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                            | CUSIP: 06051GMK2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5093469.95   | 0.35%             | 2029-01-24      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                             | Bank of America Corp                                                            | CUSIP: 06051GMT3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7095515.21   | 0.48%             | 2029-05-09      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BANK OF NEW YORK MELLON                          | Bank of New York Mellon/The                                                     | CUSIP: 06405LAH4<br>LEI: HPFHU0OQ28E4N0NFVK49 | Long             | DBT              | CORP              | US        |   4740000 | PA      | $4824022.85   | 0.33%             | 2029-04-20      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                           | Banque Federative du Credit Mutuel SA                                           | CUSIP: 06675FAZ0<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   5000000 | PA      | $5005691.00   | 0.34%             | 2026-01-26      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| BANQUE OUEST AFRICAINE D                         | Banque Ouest Africaine de Developpement                                         | CUSIP: 06675QAB9<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | XX        |   6000000 | PA      | $5956567.62   | 0.40%             | 2027-07-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                     | Barclays PLC                                                                    | CUSIP: 06738ECX1<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   6255000 | PA      | $6373200.11   | 0.43%             | 2029-02-25      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC                       | Barings Equipment Finance LLC 2025-A                                            | CUSIP: 06764MAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4855704 | PA      | $4882364.11   | 0.33%             | 2028-10-13      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                         | Baxter International Inc                                                        | CUSIP: 071813DC0<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5022459.70   | 0.34%             | 2029-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                             | Bayer US Finance LLC                                                            | CUSIP: 07274EAH6<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2541194.63   | 0.17%             | 2026-11-21      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BDS Ltd                                          | BDS 2025-FL14 LLC                                                               | CUSIP: 072921AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   6480000 | PA      | $6477813.65   | 0.44%             | 2042-10-17      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Bankers Healthcare Group Securitization Trust    | BHG Securitization Trust 2021-A                                                 | CUSIP: 08861YAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    376540 | PA      | $373388.60    | 0.03%             | 2033-11-17      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| Blue Owl Asset Leasing Trust                     | Blue Owl Asset Leasing Trust 2024-1 LLC                                         | CUSIP: 095921AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3121711 | PA      | $3133164.70   | 0.21%             | 2029-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                              | Braskem Netherlands Finance BV                                                  | CUSIP: 10554TAB1<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |   1875000 | PA      | $733687.50    | 0.05%             | 2028-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                  | BRAVO Residential Funding Trust 2023-NQM1                                       | CUSIP: 10568MAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    695748 | PA      | $694000.66    | 0.05%             | 2063-01-25      | Variable      | 5.76%                 | No            |                  2 | On Loan: No      |
| BRAVO Residential Funding Trust                  | BRAVO Residential Funding Trust 2020-RPL1                                       | CUSIP: 10568YAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    274061 | PA      | $269985.19    | 0.02%             | 2059-05-26      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                                | Brown & Brown Inc                                                               | CUSIP: 115236AJ0<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3029033.16   | 0.21%             | 2028-06-23      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Bunker Hill Loan Depositary Trust                | Bunker Hill Loan Depositary Trust 2019-2                                        | CUSIP: 12061RAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    392555 | PA      | $385705.07    | 0.03%             | 2049-07-25      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BX Trust 2025-VLT6                                                              | CUSIP: 12433KAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5005000 | PA      | $4983128.15   | 0.34%             | 2042-03-15      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| BX Trust                                         | BXP Trust 2017-CQHP                                                             | CUSIP: 12433QAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2410377 | PA      | $2304431.96   | 0.16%             | 2034-11-15      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| Cascade Funding Mortgage Trust                   | CFMT 2021-AL1 LLC                                                               | CUSIP: 12529UAF7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    575372 | PA      | $573583.91    | 0.04%             | 2031-09-22      | Fixed         | 1.39%                 | No            |                  2 | On Loan: No      |
| CHNGE Mortgage Trust 2022-2                      | CHNGE Mortgage Trust 2022-2                                                     | CUSIP: 12546YAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9236777 | PA      | $9105221.75   | 0.62%             | 2067-03-25      | Variable      | 3.76%                 | No            |                  2 | On Loan: No      |
| CSAIL Commercial Mortgage Trust                  | CSAIL 2018-CX12 Commercial Mortgage Trust                                       | CUSIP: 12595XAR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    527956 | PA      | $525787.69    | 0.04%             | 2051-08-15      | Fixed         | 4.14%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2020-AFC1 Trust                                                            | CUSIP: 12597MAC9<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    957298 | PA      | $919256.17    | 0.06%             | 2050-02-25      | Variable      | 3.51%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                           | CUSIP: 126342FW9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70051 | PA      | $70294.33     | 0.00%             | 2032-08-25      | Variable      | 7.68%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                           | CUSIP: 126342FX7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     24506 | PA      | $24307.64     | 0.00%             | 2032-08-25      | Variable      | 7.68%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | Csmc 2022-Nqm1 Trust                                                            | CUSIP: 126416AA4<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   5089828 | PA      | $4687011.26   | 0.32%             | 2066-11-25      | Variable      | 2.27%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                     | CSMC 2021-NQM2                                                                  | CUSIP: 12662EAA1<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |   2996827 | PA      | $2695933.09   | 0.18%             | 2066-02-25      | Variable      | 1.18%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                           | CHL Mortgage Pass-Through Trust 2001-HYB1                                       | CUSIP: 12669B2W1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     50456 | PA      | $50023.62     | 0.00%             | 2031-06-19      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                           | CHL Mortgage Pass-Through Trust 2001-HYB1                                       | CUSIP: 12669B2X9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     30909 | PA      | $30555.88     | 0.00%             | 2031-06-19      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| CADENCE DESIGN SYS INC                           | Cadence Design Systems Inc                                                      | CUSIP: 127387AM0<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3012113.55   | 0.20%             | 2027-09-10      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CAL DIVE I-TITLE XI INC                          | Cal Dive I-Title XI Inc                                                         | CUSIP: 12802RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    922608 | PA      | $921854.30    | 0.06%             | 2027-02-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies                 | Carlyle Global Market Strategies CLO 2015-1 Ltd                                 | CUSIP: 14311DBN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1870057 | PA      | $1870013.44   | 0.13%             | 2031-07-20      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                          | Carmax Auto Owner Trust 2023-3                                                  | CUSIP: 14319BAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1190000 | PA      | $1209781.97   | 0.08%             | 2029-02-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| CarMax Select Receivables Trust                  | Carmax Select Receivables Trust 2025-B                                          | CUSIP: 14320BAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5250000 | PA      | $5252485.35   | 0.36%             | 2029-03-15      | Fixed         | 4.19%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                   | Carvana Auto Receivables Trust 2024-P3                                          | CUSIP: 146919AB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    175420 | PA      | $175432.38    | 0.01%             | 2027-11-10      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| CITADEL FINANCE LLC                              | Citadel Finance LLC                                                             | CUSIP: 17287HAA8<br>LEI: 549300BQL283NCR7P163 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2988610.92   | 0.20%             | 2026-03-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                      | Citibank NA                                                                     | CUSIP: 17325FBN7<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5047819.55   | 0.34%             | 2027-05-29      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                    | Citigroup Inc                                                                   | CUSIP: 17327CAW3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5070682.25   | 0.34%             | 2029-03-04      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-1RMortgage Pass-Through Certificates                                  | CUSIP: 19688BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1527825 | PA      | $1397541.31   | 0.09%             | 2065-05-25      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| COLT Funding LLC                                 | COLT 2021-HX1 Mortgage Loan Trust                                               | CUSIP: 19688KAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8615534 | PA      | $7491793.35   | 0.51%             | 2066-10-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| COMMONBOND STUDENT LOAN TRUST                    | Commonbond Student Loan Trust 2018-BGS                                          | CUSIP: 20268MAA4<br>LEI: 549300EJIXF1G1X7PN20 | Long             | ABS-O            | CORP              | US        |   1364012 | PA      | $1316008.04   | 0.09%             | 2045-09-25      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| CONOCOPHILLIPS COMPANY                           | ConocoPhillips Co                                                               | CUSIP: 20826FBV7<br>LEI: 6VJJ5GQWIRDQ06DUXG89 | Long             | DBT              | CORP              | US        |   6805000 | PA      | $6860450.00   | 0.47%             | 2027-07-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                     | UBS Group AG                                                                    | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   7000000 | PA      | $7155334.62   | 0.49%             | 2027-12-22      | Fixed         | 6.33%                 | No            |                  2 | On Loan: No      |
| Wilshire Funding Corporation                     | Wilshire Funding Corp                                                           | CUSIP: 22540AGU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     25315 | PA      | $25191.01     | 0.00%             | 2037-12-28      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                           | Daimler Truck Finance North America LLC                                         | CUSIP: 233853BC3<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   6305000 | PA      | $6398959.38   | 0.43%             | 2028-01-13      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DAIMLER TRUCK FINAN NA                           | Daimler Truck Finance North America LLC                                         | CUSIP: 233853BG4<br>LEI: 5493003HSDTSCZRXBA58 | Long             | DBT              | CORP              | US        |   3075000 | PA      | $3086597.15   | 0.21%             | 2027-08-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                          | Dell International LLC / EMC Corp                                               | CUSIP: 24703DBR1<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4993218.40   | 0.34%             | 2029-02-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Dell Equipment Finance Trust                     | Dell Equipment Finance Trust 2025-1                                             | CUSIP: 24703UAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2250000 | PA      | $2256548.18   | 0.15%             | 2027-07-22      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                              | Delta Air Lines Inc                                                             | CUSIP: 247361A24<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |   2925000 | PA      | $2969869.94   | 0.20%             | 2028-07-10      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                              | Dominion Energy Inc                                                             | CUSIP: 25746UDY2<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5064683.95   | 0.34%             | 2028-05-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| ECMC Group Student Loan Trust                    | ECMC Group Student Loan Trust 2018-2                                            | CUSIP: 26829GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     97076 | PA      | $96371.59     | 0.01%             | 2068-09-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| ECMC Group Student Loan Trust                    | ECMC Group Student Loan Trust 2020-2                                            | CUSIP: 26829HAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3227466 | PA      | $3253214.33   | 0.22%             | 2069-11-25      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| EMD FINANCE LLC                                  | EMD Finance LLC                                                                 | CUSIP: 26867LAN0<br>LEI: 529900C8KS5G529A0B76 | Long             | DBT              | CORP              | US        |   3180000 | PA      | $3184879.81   | 0.22%             | 2028-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| EPR PROPERTIES                                   | EPR Properties                                                                  | CUSIP: 26884UAC3<br>LEI: 549300YSSXFHMPOWZ492 | Long             | DBT              |  | US        |   3000000 | PA      | $3007130.91   | 0.20%             | 2026-12-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EMERA INC                                        | Emera Inc                                                                       | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |   1500000 | PA      | $1510975.50   | 0.10%             | 2076-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EMERA US FINANCE LP                              | Emera US Finance LP                                                             | CUSIP: 29103DAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4695000 | PA      | $4674204.91   | 0.32%             | 2026-06-15      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTL NV                             | Enel Finance International NV                                                   | CUSIP: 29278GBF4<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |   5000000 | PA      | $5003619.55   | 0.34%             | 2028-09-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                   | Enterprise Fleet Financing 2025-4 LLC                                           | CUSIP: 29373NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4500000 | PA      | $4505784.75   | 0.31%             | 2028-08-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Equifirst Mortgage Loan Trust                    | EquiFirst Mortgage Loan Trust 2003-2                                            | CUSIP: 29445FAH1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     79784 | PA      | $80213.87     | 0.01%             | 2033-09-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                         | Equitable Financial Life Global Funding                                         | CUSIP: 29449WAP2<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |  10615000 | PA      | $10615284.48  | 0.72%             | 2025-12-02      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Exeter Automobile Receivables Trust              | Exeter Automobile Receivables Trust 2021-3                                      | CUSIP: 30166AAF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    747701 | PA      | $740668.73    | 0.05%             | 2027-06-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                           | CUSIP: 31287QEJ6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     86753 | PA      | $90895.27     | 0.01%             | 2031-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QAF7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    174417 | PA      | $175747.33    | 0.01%             | 2032-04-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QEY2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    227946 | PA      | $234949.31    | 0.02%             | 2045-07-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QFW5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    316888 | PA      | $320998.02    | 0.02%             | 2050-02-01      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31288QHT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    547083 | PA      | $559186.01    | 0.04%             | 2034-02-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128HD3F4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     41200 | PA      | $42307.38     | 0.00%             | 2032-12-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128HD5T2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6984 | PA      | $7017.92      | 0.00%             | 2031-07-01      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128HDGV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       245 | PA      | $244.11       | 0.00%             | 2027-08-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128HDMT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      4394 | PA      | $4408.54      | 0.00%             | 2030-09-01      | Floating      | 6.94%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JMH91<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     57810 | PA      | $59249.64     | 0.00%             | 2035-04-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JNSP1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     64779 | PA      | $66586.51     | 0.00%             | 2037-04-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JPER7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    102767 | PA      | $104249.58    | 0.01%             | 2035-06-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JR2J4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     91321 | PA      | $91949.63     | 0.01%             | 2035-06-01      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JR2L9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6140 | PA      | $6131.17      | 0.00%             | 2031-07-01      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JR2M7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     74768 | PA      | $76055.12     | 0.01%             | 2035-06-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JR2U9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19830 | PA      | $19850.57     | 0.00%             | 2034-07-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JR2V7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    112644 | PA      | $113107.05    | 0.01%             | 2033-08-01      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JR3Y0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     59491 | PA      | $60952.49     | 0.00%             | 2034-12-01      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JRCE4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    100200 | PA      | $101118.05    | 0.01%             | 2033-10-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JRCM6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     15447 | PA      | $15760.42     | 0.00%             | 2034-04-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JRGE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    298089 | PA      | $306354.93    | 0.02%             | 2035-04-01      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128JRSB3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    314019 | PA      | $320810.06    | 0.02%             | 2035-04-01      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128LLZG4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     59444 | PA      | $61802.24     | 0.00%             | 2042-08-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128LUMF0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     30150 | PA      | $30950.12     | 0.00%             | 2037-04-01      | Floating      | 6.93%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Gold Pool                                                           | CUSIP: 3128MEZJ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3503 | PA      | $3506.91      | 0.00%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128NGBV6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     79942 | PA      | $82007.83     | 0.01%             | 2035-02-01      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128NGFS9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17212 | PA      | $17839.41     | 0.00%             | 2037-01-01      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128NH6H1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     93011 | PA      | $95419.93     | 0.01%             | 2035-08-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128NHBQ5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    292312 | PA      | $304110.37    | 0.02%             | 2038-03-01      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128NHTY9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     88905 | PA      | $92175.44     | 0.01%             | 2036-12-01      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128NUFL3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    306339 | PA      | $316774.92    | 0.02%             | 2038-04-01      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128NVMK5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8282 | PA      | $8458.79      | 0.00%             | 2037-05-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128Q43C1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     92017 | PA      | $93745.40     | 0.01%             | 2035-12-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128Q43Y3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    103128 | PA      | $104874.23    | 0.01%             | 2037-10-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128Q4YT0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    105465 | PA      | $107801.28    | 0.01%             | 2033-09-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QGMM1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       503 | PA      | $510.19       | 0.00%             | 2037-02-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QHTB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    271820 | PA      | $279311.69    | 0.02%             | 2037-01-01      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QHTU4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16137 | PA      | $16151.64     | 0.00%             | 2037-05-01      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QJYD2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     36181 | PA      | $36775.66     | 0.00%             | 2037-02-01      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QLPD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16562 | PA      | $17110.72     | 0.00%             | 2035-06-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QLUB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     76624 | PA      | $78957.75     | 0.01%             | 2034-07-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QPNA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     90134 | PA      | $92042.92     | 0.01%             | 2036-07-01      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128QPPM8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     98560 | PA      | $101577.81    | 0.01%             | 2036-10-01      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S4E52<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    315666 | PA      | $322393.15    | 0.02%             | 2035-10-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S4MP9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    110116 | PA      | $110351.90    | 0.01%             | 2037-06-01      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S5CP7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     90573 | PA      | $93503.96     | 0.01%             | 2037-09-01      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S5S47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    132897 | PA      | $136000.80    | 0.01%             | 2039-05-01      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S5SD7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    334764 | PA      | $345738.64    | 0.02%             | 2037-05-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S5ZW7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     85531 | PA      | $88752.71     | 0.01%             | 2037-09-01      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S6CM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    404933 | PA      | $418780.83    | 0.03%             | 2040-01-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128S6CQ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    610630 | PA      | $630376.79    | 0.04%             | 2037-04-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 3128SGAK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      3542 | PA      | $3477.40      | 0.00%             | 2030-11-01      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295K4L5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18007 | PA      | $18033.82     | 0.00%             | 2029-11-01      | Floating      | 5.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295KL28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19848 | PA      | $19936.35     | 0.00%             | 2028-05-01      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295KQ98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      6732 | PA      | $6766.65      | 0.00%             | 2029-07-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295KWB6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18948 | PA      | $18908.61     | 0.00%             | 2027-11-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295KY24<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     16137 | PA      | $16228.46     | 0.00%             | 2029-11-01      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295KYG3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18989 | PA      | $18975.56     | 0.00%             | 2027-07-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295LB43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     13064 | PA      | $13187.34     | 0.00%             | 2030-02-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295LBX9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7167 | PA      | $7176.65      | 0.00%             | 2030-06-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295LBY7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     59562 | PA      | $59884.72     | 0.00%             | 2030-06-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295LBZ4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7788 | PA      | $7837.49      | 0.00%             | 2030-06-01      | Floating      | 6.73%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295LVA7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14850 | PA      | $14913.26     | 0.00%             | 2030-09-01      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295M3K4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19396 | PA      | $19648.92     | 0.00%             | 2031-09-01      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295MF62<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8638 | PA      | $8648.09      | 0.00%             | 2029-09-01      | Floating      | 6.67%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31295NJR0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20047 | PA      | $20453.60     | 0.00%             | 2032-04-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LAR6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    133667 | PA      | $136748.36    | 0.01%             | 2038-10-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LH40<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     44941 | PA      | $46136.80     | 0.00%             | 2035-05-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LN50<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    163305 | PA      | $168473.23    | 0.01%             | 2035-03-01      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LSV8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    121395 | PA      | $125134.21    | 0.01%             | 2038-07-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LTC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    305816 | PA      | $316720.07    | 0.02%             | 2037-01-01      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LTV7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     60734 | PA      | $62333.70     | 0.00%             | 2036-04-01      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300LZL2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    165548 | PA      | $170736.85    | 0.01%             | 2036-06-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300M6U2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    315234 | PA      | $325212.62    | 0.02%             | 2038-09-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MDZ3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    225362 | PA      | $230275.23    | 0.02%             | 2035-11-01      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MEX7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    200527 | PA      | $206208.21    | 0.01%             | 2038-04-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MEY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    121873 | PA      | $123733.68    | 0.01%             | 2035-05-01      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MFQ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    146374 | PA      | $150010.82    | 0.01%             | 2036-09-01      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MFR9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    410071 | PA      | $421652.40    | 0.03%             | 2039-09-01      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MM42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    381069 | PA      | $392613.84    | 0.03%             | 2037-08-01      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MNT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     54856 | PA      | $56576.44     | 0.00%             | 2044-07-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MP98<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    152942 | PA      | $156561.40    | 0.01%             | 2037-01-01      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31300MTV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    124258 | PA      | $127388.19    | 0.01%             | 2038-05-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336CL27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     24758 | PA      | $25320.81     | 0.00%             | 2034-04-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336CLT8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    135066 | PA      | $138047.48    | 0.01%             | 2034-02-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336CM42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     42676 | PA      | $43752.01     | 0.00%             | 2035-06-01      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336CMK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    120903 | PA      | $123524.67    | 0.01%             | 2035-01-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336CNB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     49425 | PA      | $50537.78     | 0.00%             | 2035-11-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336RZA1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     55704 | PA      | $56762.17     | 0.00%             | 2032-03-01      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336SRX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     36290 | PA      | $36916.82     | 0.00%             | 2033-05-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31336SRY6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     88580 | PA      | $90210.96     | 0.01%             | 2033-06-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 313398VT3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    449453 | PA      | $448281.96    | 0.03%             | 2031-09-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31339LTN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     11614 | PA      | $11613.39     | 0.00%             | 2031-06-15      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 3133TKPF1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    626357 | PA      | $609809.45    | 0.04%             | 2029-06-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 3133TMG26<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1356636 | PA      | $1321767.18   | 0.09%             | 2029-12-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 3133TPFD6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    243772 | PA      | $243644.53    | 0.02%             | 2030-10-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 3133TQCC9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    381918 | PA      | $365667.43    | 0.02%             | 2030-12-25      | Floating      | 4.43%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3133TTEV9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      1177 | PA      | $1177.53      | 0.00%             | 2027-04-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31342A5K1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     31240 | PA      | $32028.41     | 0.00%             | 2033-09-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31342AUL1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    199700 | PA      | $203357.46    | 0.01%             | 2033-06-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31346VH28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     27693 | PA      | $27136.11     | 0.00%             | 2030-07-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31346VHH5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       922 | PA      | $904.52       | 0.00%             | 2030-01-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31346VHJ1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       216 | PA      | $212.15       | 0.00%             | 2030-01-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31347AFY5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    144478 | PA      | $148652.16    | 0.01%             | 2038-04-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31347ALY8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    300783 | PA      | $311288.46    | 0.02%             | 2038-07-01      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348MVX2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2027 | PA      | $2045.21      | 0.00%             | 2029-08-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348MXS1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5524 | PA      | $5464.43      | 0.00%             | 2027-08-01      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348S4G6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       428 | PA      | $428.33       | 0.00%             | 2028-01-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348S6S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       245 | PA      | $244.80       | 0.00%             | 2028-01-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348STH7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      2203 | PA      | $2197.41      | 0.00%             | 2027-03-01      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348SUM4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7736 | PA      | $7709.95      | 0.00%             | 2026-11-01      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348UKK4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     14736 | PA      | $14771.57     | 0.00%             | 2031-05-01      | Floating      | 6.11%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31348ULT4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      7000 | PA      | $7018.51      | 0.00%             | 2032-05-01      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31349HAQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17805 | PA      | $17880.09     | 0.00%             | 2029-10-01      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31349SJC8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     97450 | PA      | $99439.06     | 0.01%             | 2033-12-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31349ST37<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     32060 | PA      | $32836.85     | 0.00%             | 2034-04-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31349SUB7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     80537 | PA      | $82522.15     | 0.01%             | 2034-05-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31349TE49<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     19929 | PA      | $20459.39     | 0.00%             | 2034-05-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31349UD54<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     22816 | PA      | $23224.72     | 0.00%             | 2034-11-01      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac Non Gold Pool                                                       | CUSIP: 31349UKM9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     96116 | PA      | $98640.99     | 0.01%             | 2035-01-01      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                                 | Freddie Mac Strips                                                              | CUSIP: 31351DCT6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |        73 | PA      | $73.39        | 0.00%             | 2029-07-01      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2000-T6                                                | CUSIP: 31358SR45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    122556 | PA      | $122178.92    | 0.01%             | 2040-11-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2001-W1                                                  | CUSIP: 31359S2J8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     11981 | PA      | $11524.23     | 0.00%             | 2031-08-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31362TKM4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4530 | PA      | $4498.79      | 0.00%             | 2028-05-01      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 3136A6FE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6875 | PA      | $6874.13      | 0.00%             | 2027-05-25      | Floating      | 5.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 3136ADBE8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1402703 | PA      | $1386306.42   | 0.09%             | 2043-03-25      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 3136B2PR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86299 | PA      | $84455.74     | 0.01%             | 2047-09-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31370Q6L8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21054 | PA      | $20830.58     | 0.00%             | 2033-03-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31371L5S4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75332 | PA      | $77319.91     | 0.01%             | 2035-01-01      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31371MB89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    139375 | PA      | $142657.74    | 0.01%             | 2035-05-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31373HXX9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     41833 | PA      | $40991.09     | 0.00%             | 2034-04-01      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31376JES4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     56913 | PA      | $55874.23     | 0.00%             | 2036-01-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31376XXV5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2266 | PA      | $2264.35      | 0.00%             | 2026-09-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31377Y6E0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8022 | PA      | $8042.49      | 0.00%             | 2027-05-01      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31378QBE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6472 | PA      | $6489.88      | 0.00%             | 2027-06-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31378UXN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1986 | PA      | $1989.94      | 0.00%             | 2026-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137AFA69<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    400867 | PA      | $397952.69    | 0.03%             | 2041-09-15      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137AFGG1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      8034 | PA      | $8029.46      | 0.00%             | 2041-01-15      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured Pass Through Certs. | Freddie Mac Multifamily Structured Pass Through Certificates                    | CUSIP: 3137FARM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    477788 | PA      | $477578.92    | 0.03%             | 2044-05-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137FMB43<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    457764 | PA      | $415570.89    | 0.03%             | 2049-04-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 3137FQEJ8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2451698 | PA      | $2404819.92   | 0.16%             | 2049-12-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31380H4M6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |        15 | PA      | $15.44        | 0.00%             | 2028-07-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31381JQ96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    174353 | PA      | $174800.31    | 0.01%             | 2036-01-01      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31383QTJ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48579 | PA      | $48845.01     | 0.00%             | 2039-12-01      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31384HDZ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     42893 | PA      | $43252.21     | 0.00%             | 2029-10-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31384HFY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       452 | PA      | $453.88       | 0.00%             | 2028-06-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31384LJT2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8567 | PA      | $8695.56      | 0.00%             | 2029-01-01      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31384VJ60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10901 | PA      | $10934.94     | 0.00%             | 2028-07-01      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31384VXM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     34074 | PA      | $34124.10     | 0.00%             | 2029-07-01      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385H5V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15139 | PA      | $15371.31     | 0.00%             | 2031-11-01      | Floating      | 6.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385HHZ8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |       174 | PA      | $172.05       | 0.00%             | 2030-04-01      | Floating      | 4.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385HJE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4496 | PA      | $4457.64      | 0.00%             | 2036-12-01      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385HJQ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75236 | PA      | $74550.77     | 0.01%             | 2033-03-01      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385HSE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47047 | PA      | $47835.35     | 0.00%             | 2040-12-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385SEH7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19289 | PA      | $18956.54     | 0.00%             | 2034-06-01      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385TW44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7987 | PA      | $8104.01      | 0.00%             | 2034-05-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385W7J2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     61787 | PA      | $64319.87     | 0.00%             | 2032-12-01      | Floating      | 7.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385WSP5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9004 | PA      | $9007.83      | 0.00%             | 2029-08-01      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385WZU6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     28269 | PA      | $28960.17     | 0.00%             | 2040-04-01      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385XHN0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116067 | PA      | $119268.89    | 0.01%             | 2033-04-01      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385XLL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    102461 | PA      | $104066.40    | 0.01%             | 2033-04-01      | Floating      | 6.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31385XPF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19018 | PA      | $19790.39     | 0.00%             | 2033-07-01      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31386M2H2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     63030 | PA      | $63649.46     | 0.00%             | 2030-09-01      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31386M2K5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86151 | PA      | $86663.34     | 0.01%             | 2030-09-01      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31386SJF5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12359 | PA      | $12390.19     | 0.00%             | 2027-07-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387A3P8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17301 | PA      | $17428.66     | 0.00%             | 2031-08-01      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387JR57<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15583 | PA      | $16316.33     | 0.00%             | 2031-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387TZ49<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6090 | PA      | $6123.16      | 0.00%             | 2028-10-01      | Floating      | 6.77%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387TZM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1588 | PA      | $1600.44      | 0.00%             | 2030-03-01      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387TZQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12213 | PA      | $12298.32     | 0.00%             | 2028-07-01      | Floating      | 6.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387UFB2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37296 | PA      | $37279.08     | 0.00%             | 2029-02-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387UQ38<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2996 | PA      | $2991.76      | 0.00%             | 2030-09-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387URF0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      9814 | PA      | $9959.29      | 0.00%             | 2030-12-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387XCT0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2611 | PA      | $2623.81      | 0.00%             | 2031-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31387Y5U3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     98301 | PA      | $101678.69    | 0.01%             | 2031-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31388BNU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     65938 | PA      | $66428.45     | 0.00%             | 2031-08-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31388GXS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25865 | PA      | $26148.04     | 0.00%             | 2031-10-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31388GZD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76505 | PA      | $76885.71     | 0.01%             | 2031-12-01      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31388L4W7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8120 | PA      | $8126.30      | 0.00%             | 2027-06-01      | Floating      | 6.36%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31388MXL7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     52167 | PA      | $52767.21     | 0.00%             | 2031-08-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31388SWV3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      3521 | PA      | $3541.06      | 0.00%             | 2031-03-01      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31389YED9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1390 | PA      | $1388.43      | 0.00%             | 2027-03-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31389YSS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13502 | PA      | $13592.51     | 0.00%             | 2031-01-01      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31389YST9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50152 | PA      | $50381.01     | 0.00%             | 2030-12-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EGJB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    112015 | PA      | $114677.65    | 0.01%             | 2035-07-01      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EGLY8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    180272 | PA      | $187021.87    | 0.01%             | 2038-05-01      | Floating      | 6.64%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EH6Q0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48153 | PA      | $49217.65     | 0.00%             | 2036-01-01      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EHVK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21208 | PA      | $21842.73     | 0.00%             | 2037-09-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EJ5V6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87055 | PA      | $88859.96     | 0.01%             | 2036-09-01      | Floating      | 6.24%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EJTQ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    184045 | PA      | $187471.77    | 0.01%             | 2037-06-01      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EKDJ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    226160 | PA      | $231603.19    | 0.02%             | 2037-10-01      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EKXA8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     78097 | PA      | $80893.28     | 0.01%             | 2035-08-01      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138ELZ63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55625 | PA      | $57630.02     | 0.00%             | 2042-09-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EM2H3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    128045 | PA      | $131496.58    | 0.01%             | 2037-09-01      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EMJS1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168582 | PA      | $173711.30    | 0.01%             | 2038-04-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EN5Z8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    150852 | PA      | $153448.77    | 0.01%             | 2035-11-01      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138ENGE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     19913 | PA      | $20607.91     | 0.00%             | 2044-02-01      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138ENY45<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    165809 | PA      | $169186.31    | 0.01%             | 2035-11-01      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EPYB4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4033 | PA      | $4171.74      | 0.00%             | 2038-04-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EQBQ4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    360909 | PA      | $373398.67    | 0.03%             | 2036-08-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EQDK5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     94132 | PA      | $96360.05     | 0.01%             | 2037-01-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138EQJE3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    124748 | PA      | $128833.96    | 0.01%             | 2045-08-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138ERA67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8623 | PA      | $8624.25      | 0.00%             | 2027-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138MBML7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     62653 | PA      | $64769.63     | 0.00%             | 2042-09-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138NYZ40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    116244 | PA      | $120165.25    | 0.01%             | 2043-02-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138XUYA4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    220815 | PA      | $228080.51    | 0.02%             | 2044-06-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3138YAQ32<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30821 | PA      | $31591.01     | 0.00%             | 2044-11-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31390HLY9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     24880 | PA      | $25381.46     | 0.00%             | 2032-06-01      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31390RLF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17399 | PA      | $17478.21     | 0.00%             | 2033-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31390RLN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14521 | PA      | $14577.01     | 0.00%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31390RLT8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     21097 | PA      | $21184.72     | 0.00%             | 2033-05-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31390RLU5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11188 | PA      | $11212.17     | 0.00%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391A3Q0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     38696 | PA      | $39153.59     | 0.00%             | 2032-06-01      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391D6C2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     14195 | PA      | $14253.68     | 0.00%             | 2031-08-01      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391D6D0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     30623 | PA      | $30486.22     | 0.00%             | 2031-09-01      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391FPF9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     12638 | PA      | $12721.19     | 0.00%             | 2028-09-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391LJN6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88938 | PA      | $89765.91     | 0.01%             | 2033-02-01      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391VB85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47890 | PA      | $48942.65     | 0.00%             | 2032-06-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391XDW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    181100 | PA      | $183906.40    | 0.01%             | 2040-08-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391XER6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    230592 | PA      | $234420.87    | 0.02%             | 2040-06-01      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31391XSR1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     55754 | PA      | $54349.70     | 0.00%             | 2035-01-01      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T8                                                | CUSIP: 313920UK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     37657 | PA      | $38465.05     | 0.00%             | 2041-07-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T10                                               | CUSIP: 3139216B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    609772 | PA      | $628839.89    | 0.04%             | 2041-12-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T10                                               | CUSIP: 3139216C7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    167782 | PA      | $177561.09    | 0.01%             | 2041-12-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2001-W3                                                  | CUSIP: 3139216F0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    138593 | PA      | $139221.21    | 0.01%             | 2041-09-25      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T12                                               | CUSIP: 31392A5M6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     46139 | PA      | $46710.15     | 0.00%             | 2041-08-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T12                                               | CUSIP: 31392A5N4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    146121 | PA      | $151068.90    | 0.01%             | 2041-08-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2001-T12                                               | CUSIP: 31392A5P9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1024215 | PA      | $1025912.33   | 0.07%             | 2041-08-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T1                                                | CUSIP: 31392A7D4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    153465 | PA      | $169763.93    | 0.01%             | 2031-11-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31392AJW9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25755 | PA      | $26410.98     | 0.00%             | 2041-10-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31392ATW8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15407 | PA      | $15428.07     | 0.00%             | 2031-12-18      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31392BMX1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     11335 | PA      | $11344.31     | 0.00%             | 2032-01-25      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31392BTR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      7647 | PA      | $7680.20      | 0.00%             | 2032-02-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2002-W1                                                  | CUSIP: 31392CMV3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    285834 | PA      | $278707.13    | 0.02%             | 2042-04-25      | Variable      | 3.89%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T12                                               | CUSIP: 31392D7G1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    592171 | PA      | $627964.77    | 0.04%             | 2042-05-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T12                                               | CUSIP: 31392D7J5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    631623 | PA      | $643330.29    | 0.04%             | 2041-10-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2002-W4                                                  | CUSIP: 31392DUC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    642684 | PA      | $639825.77    | 0.04%             | 2042-05-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31392EST8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      4066 | PA      | $4062.79      | 0.00%             | 2032-09-25      | Floating      | 4.59%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31392EX39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   2529052 | PA      | $2552846.94   | 0.17%             | 2042-04-25      | Variable      | 4.58%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T18                                               | CUSIP: 31392GFS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1217681 | PA      | $1233830.77   | 0.08%             | 2042-05-25      | Variable      | 5.09%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2002-T19                                               | CUSIP: 31392GVT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     76988 | PA      | $76883.52     | 0.01%             | 2042-03-25      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31392H2L6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    236432 | PA      | $237792.61    | 0.02%             | 2042-05-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W2                                                        | CUSIP: 31392JAD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    133198 | PA      | $140276.91    | 0.01%             | 2042-07-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2003-T2                                                | CUSIP: 31392JAT6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    380659 | PA      | $377528.60    | 0.03%             | 2033-03-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W3                                                        | CUSIP: 31392JYJ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     11873 | PA      | $11581.16     | 0.00%             | 2042-08-25      | Variable      | 4.87%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31392KBP0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     27058 | PA      | $2694.61      | 0.00%             | 2032-03-15      | Floating      | 3.74%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31392MH47<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    307361 | PA      | $366750.01    | 0.02%             | 2042-02-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31392MKM3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |      5321 | PA      | $5321.81      | 0.00%             | 2028-04-15      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31392MP22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     36171 | PA      | $36199.62     | 0.00%             | 2032-03-15      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31392MW81<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     17635 | PA      | $17817.59     | 0.00%             | 2032-03-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31392UZ80<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    638334 | PA      | $610786.06    | 0.04%             | 2033-07-25      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W4                                                  | CUSIP: 31393AR33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    273675 | PA      | $273434.98    | 0.02%             | 2042-10-25      | Variable      | 4.31%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W9                                                  | CUSIP: 31393B6U4<br>LEI: 254900HROIFWPRGM1V77 | Long             | ABS-MBS          | USGSE             | US        |    594291 | PA      | $569888.04    | 0.04%             | 2033-06-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W6                                                        | CUSIP: 31393BW76<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    268629 | PA      | $270001.98    | 0.02%             | 2042-08-25      | Variable      | 4.85%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W11                                                 | CUSIP: 31393C6U2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      7767 | PA      | $7870.68      | 0.00%             | 2033-06-25      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2003-W8                                                        | CUSIP: 31393CX81<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    371103 | PA      | $375718.43    | 0.03%             | 2042-11-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31393DTB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    406882 | PA      | $404914.11    | 0.03%             | 2043-01-25      | Floating      | 4.41%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W10                                                 | CUSIP: 31393DUG4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    768830 | PA      | $760389.49    | 0.05%             | 2043-06-25      | Variable      | 3.97%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31393G5Y6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     82828 | PA      | $82966.04     | 0.01%             | 2032-12-15      | Floating      | 4.86%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31393LFP3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    337415 | PA      | $327731.47    | 0.02%             | 2043-02-25      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31393NTB5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     20040 | PA      | $20613.18     | 0.00%             | 2043-03-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31393RG61<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    623400 | PA      | $625528.81    | 0.04%             | 2043-05-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W1                                                        | CUSIP: 31393U4Q3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     78183 | PA      | $82109.33     | 0.01%             | 2033-12-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W1                                                        | CUSIP: 31393U4S9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     21697 | PA      | $21510.76     | 0.00%             | 2043-01-25      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2003-W18                                                 | CUSIP: 31393UNV1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    771695 | PA      | $776817.91    | 0.05%             | 2043-06-25      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T1                                                | CUSIP: 31393XFZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    525273 | PA      | $504793.46    | 0.03%             | 2043-08-25      | Variable      | 4.28%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W2                                                        | CUSIP: 31393XGU5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     16202 | PA      | $16845.58     | 0.00%             | 2044-03-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T3                                                | CUSIP: 31393YU78<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    177704 | PA      | $183436.32    | 0.01%             | 2044-02-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Grantor Trust                          | Fannie Mae Grantor Trust 2004-T3                                                | CUSIP: 31393YV77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    350063 | PA      | $352520.92    | 0.02%             | 2043-08-25      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2004-W12                                                 | CUSIP: 31394A7H3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1003962 | PA      | $982050.83    | 0.07%             | 2044-06-25      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2004-W15                                                       | CUSIP: 31394B2D5<br>LEI: 549300KIT83OL5QXFU28 | Long             | ABS-MBS          | USGSE             | US        |   1576787 | PA      | $1591715.31   | 0.11%             | 2044-06-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2005-W3                                                        | CUSIP: 31394FSD8<br>LEI: 549300RF7M92JUSGM340 | Long             | ABS-MBS          | USGSE             | US        |    322541 | PA      | $328628.88    | 0.02%             | 2045-04-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae Trust 2006-W1                                                        | CUSIP: 31395B5R0<br>LEI: 5493001NEANKKEPIN618 | Long             | ABS-MBS          | USGSE             | US        |    818600 | PA      | $844824.14    | 0.06%             | 2045-10-25      | Variable      | 5.58%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31395HHV5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1002117 | PA      | $922857.20    | 0.06%             | 2044-10-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31395M2F5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    902620 | PA      | $878489.70    | 0.06%             | 2045-02-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31396FQ22<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    605344 | PA      | $589621.40    | 0.04%             | 2036-01-25      | Variable      | 4.63%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31396HGJ2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     52861 | PA      | $52706.62     | 0.00%             | 2030-09-15      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31396HZN2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1589636 | PA      | $1538014.35   | 0.10%             | 2036-03-25      | Variable      | 3.89%                 | No            |                  2 | On Loan: No      |
| FHLMC Structured Pass Through Securities         | Freddie Mac Structured Pass-Through Certificates                                | CUSIP: 31396HZR3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1493531 | PA      | $1413541.25   | 0.10%             | 2036-03-25      | Variable      | 3.87%                 | No            |                  2 | On Loan: No      |
| FannieMae Whole Loan                             | Fannie Mae REMIC Trust 2007-W2                                                  | CUSIP: 31396VAD0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    146882 | PA      | $145315.43    | 0.01%             | 2037-03-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae REMICS                                                               | CUSIP: 31396XWU4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     40497 | PA      | $41004.99     | 0.00%             | 2036-08-27      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31397G2S8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     31755 | PA      | $31486.36     | 0.00%             | 2037-03-15      | Floating      | 4.66%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                      | Freddie Mac REMICS                                                              | CUSIP: 31397TCK6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    138039 | PA      | $141432.56    | 0.01%             | 2036-11-15      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31400QCN1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     36521 | PA      | $37230.38     | 0.00%             | 2033-01-01      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31400YA71<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    145318 | PA      | $148048.03    | 0.01%             | 2033-04-01      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31401BX83<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     22041 | PA      | $22361.83     | 0.00%             | 2033-01-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31401EWB1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8756 | PA      | $8808.00      | 0.00%             | 2032-03-01      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31401G5Y6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20112 | PA      | $20198.44     | 0.00%             | 2032-01-01      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31401MUR0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10964 | PA      | $11018.15     | 0.00%             | 2028-04-01      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402AG59<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20872 | PA      | $21123.69     | 0.00%             | 2033-02-01      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402BKZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    163278 | PA      | $167147.78    | 0.01%             | 2033-08-01      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402C3B6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    337125 | PA      | $343441.24    | 0.02%             | 2033-05-01      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402C3C4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1736 | PA      | $1739.13      | 0.00%             | 2033-01-01      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402CX80<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    294154 | PA      | $298127.15    | 0.02%             | 2034-03-01      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402DRC6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    316093 | PA      | $317221.69    | 0.02%             | 2042-04-01      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402DSM3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    166434 | PA      | $167589.43    | 0.01%             | 2033-08-01      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402G5Q2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100183 | PA      | $101754.10    | 0.01%             | 2032-12-01      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402Q4T5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     15771 | PA      | $15835.46     | 0.00%             | 2030-07-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402Q4V0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     59936 | PA      | $59461.35     | 0.00%             | 2030-09-01      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402Q4Y4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     13338 | PA      | $13443.32     | 0.00%             | 2033-05-01      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402RM97<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16206 | PA      | $16349.40     | 0.00%             | 2033-05-01      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402RN88<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     32002 | PA      | $32277.76     | 0.00%             | 2034-03-01      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402RR27<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    101406 | PA      | $104875.89    | 0.01%             | 2035-09-01      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402RUT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    427545 | PA      | $422939.81    | 0.03%             | 2037-09-01      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31402RX61<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     23228 | PA      | $23346.36     | 0.00%             | 2033-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31403CWP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    134739 | PA      | $138249.36    | 0.01%             | 2035-09-01      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31403DTE9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115057 | PA      | $118750.05    | 0.01%             | 2034-04-01      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31403GM33<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2059 | PA      | $2066.03      | 0.00%             | 2033-08-01      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31403LQG9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     17252 | PA      | $17261.59     | 0.00%             | 2033-08-01      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31403QTE0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     33281 | PA      | $33987.71     | 0.00%             | 2033-09-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31404FPT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100060 | PA      | $102618.79    | 0.01%             | 2034-06-01      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31404GF55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    184437 | PA      | $189533.12    | 0.01%             | 2033-09-01      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31404GNJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    118448 | PA      | $119424.34    | 0.01%             | 2034-03-01      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31404GU58<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16908 | PA      | $16980.96     | 0.00%             | 2029-05-01      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31404NFF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58029 | PA      | $59446.37     | 0.00%             | 2035-07-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31404TAZ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58597 | PA      | $59684.23     | 0.00%             | 2034-04-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31405GMM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     60517 | PA      | $60837.77     | 0.00%             | 2033-12-01      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31405QCV8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     73694 | PA      | $75615.85     | 0.01%             | 2034-10-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31405QY69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    182403 | PA      | $187373.75    | 0.01%             | 2034-10-01      | Floating      | 6.65%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31406L4G0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     79813 | PA      | $81884.36     | 0.01%             | 2035-03-01      | Floating      | 6.44%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31406LZ68<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     58056 | PA      | $59616.63     | 0.00%             | 2034-12-01      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31406MER3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    231739 | PA      | $237639.91    | 0.02%             | 2035-01-01      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31406PEL9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    107235 | PA      | $110361.05    | 0.01%             | 2035-06-01      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31406QAX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    218131 | PA      | $219659.23    | 0.01%             | 2034-11-01      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31406X2P6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    171797 | PA      | $175755.93    | 0.01%             | 2035-01-01      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407A7G0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      8278 | PA      | $8521.58      | 0.00%             | 2035-07-01      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407A7K1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    147091 | PA      | $152279.57    | 0.01%             | 2035-07-01      | Floating      | 6.22%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407BZK8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     47899 | PA      | $48843.72     | 0.00%             | 2035-07-01      | Floating      | 6.27%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407BZN2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     88915 | PA      | $90196.34     | 0.01%             | 2035-07-01      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407FUY4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    153595 | PA      | $157776.83    | 0.01%             | 2035-08-01      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407FYD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     25866 | PA      | $26557.70     | 0.00%             | 2035-06-01      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407GCY2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    366106 | PA      | $379312.34    | 0.03%             | 2035-05-01      | Floating      | 6.97%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407JNR9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    137828 | PA      | $141057.32    | 0.01%             | 2035-07-01      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407MJZ9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29437 | PA      | $30154.82     | 0.00%             | 2035-07-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407PJH2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67784 | PA      | $69444.78     | 0.00%             | 2035-10-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407PX94<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    231575 | PA      | $236221.73    | 0.02%             | 2035-10-01      | Floating      | 5.84%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407UMR5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    238322 | PA      | $247677.20    | 0.02%             | 2034-11-01      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407VFQ3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    149027 | PA      | $153463.99    | 0.01%             | 2035-09-01      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407VH40<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    113748 | PA      | $118052.22    | 0.01%             | 2045-08-01      | Floating      | 6.17%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407VH65<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     27945 | PA      | $28716.68     | 0.00%             | 2035-08-01      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407VNF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31319 | PA      | $32311.72     | 0.00%             | 2035-11-01      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407XWM9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     16561 | PA      | $16803.22     | 0.00%             | 2035-11-01      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31407YRJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      6141 | PA      | $6259.76      | 0.00%             | 2035-11-01      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31409JRR3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     10871 | PA      | $11070.35     | 0.00%             | 2036-06-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31409XEN5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    168555 | PA      | $173293.80    | 0.01%             | 2037-05-01      | Floating      | 6.46%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140EUJW0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    447351 | PA      | $462810.47    | 0.03%             | 2046-03-01      | Floating      | 6.60%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JA3J5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    533431 | PA      | $552849.64    | 0.04%             | 2043-07-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JA3N6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    338665 | PA      | $350157.64    | 0.02%             | 2044-09-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JA4Z8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    470460 | PA      | $489872.22    | 0.03%             | 2045-02-01      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1058373 | PA      | $1097815.05   | 0.07%             | 2038-11-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1458850 | PA      | $1504864.90   | 0.10%             | 2040-12-01      | Floating      | 6.29%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE51<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    268244 | PA      | $273471.44    | 0.02%             | 2036-05-01      | Floating      | 6.26%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE69<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1296310 | PA      | $1335295.25   | 0.09%             | 2044-07-01      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE77<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1392498 | PA      | $1442160.70   | 0.10%             | 2038-07-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE85<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    622136 | PA      | $641381.40    | 0.04%             | 2042-01-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBE93<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    601576 | PA      | $616089.75    | 0.04%             | 2040-12-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBFA9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    355696 | PA      | $365781.04    | 0.02%             | 2034-10-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBFB7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    481917 | PA      | $495701.84    | 0.03%             | 2035-09-01      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBFC5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    419834 | PA      | $433358.66    | 0.03%             | 2041-06-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JBFD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    430645 | PA      | $445573.42    | 0.03%             | 2037-06-01      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 3140JR5Y3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    280906 | PA      | $285951.35    | 0.02%             | 2048-07-01      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31410F4D4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1084 | PA      | $1074.22      | 0.00%             | 2038-01-01      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31410GD91<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     20794 | PA      | $21344.79     | 0.00%             | 2035-06-01      | Floating      | 6.18%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31410GJV6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     48426 | PA      | $48726.59     | 0.00%             | 2033-09-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31410KQR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    132231 | PA      | $135417.69    | 0.01%             | 2034-05-01      | Floating      | 6.39%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31410KVF8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2972 | PA      | $2959.01      | 0.00%             | 2027-10-01      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31410QY39<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    183868 | PA      | $189656.47    | 0.01%             | 2035-05-01      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31411WPJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    115294 | PA      | $119250.40    | 0.01%             | 2036-10-01      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31411YST1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     86219 | PA      | $88075.71     | 0.01%             | 2037-05-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31412FSD6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     71572 | PA      | $72200.48     | 0.00%             | 2030-08-01      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31412YBD3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     64121 | PA      | $66276.07     | 0.00%             | 2037-07-01      | Floating      | 6.49%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31413H5B0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    299196 | PA      | $305982.46    | 0.02%             | 2037-09-01      | Floating      | 6.35%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31415QK96<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    120356 | PA      | $124423.31    | 0.01%             | 2036-05-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31415QLL8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     49860 | PA      | $51237.82     | 0.00%             | 2034-12-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31416BPE2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    506694 | PA      | $522186.33    | 0.04%             | 2037-07-01      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31416BPL6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    113867 | PA      | $116079.52    | 0.01%             | 2036-09-01      | Floating      | 6.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31416BPP7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     75168 | PA      | $77820.05     | 0.01%             | 2037-07-01      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31416CBK1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    130000 | PA      | $132270.16    | 0.01%             | 2035-06-01      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31416CBM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     39882 | PA      | $40984.32     | 0.00%             | 2034-05-01      | Floating      | 6.48%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31417JLM0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66190 | PA      | $67187.19     | 0.00%             | 2038-07-01      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31418M6T4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     29756 | PA      | $30049.84     | 0.00%             | 2040-01-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                       | Fannie Mae Pool                                                                 | CUSIP: 31419AJZ1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67555 | PA      | $68976.55     | 0.00%             | 2038-11-01      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust               | Ellington Financial Mortgage Trust 2020-1                                       | CUSIP: 31574PAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2318 | PA      | $2310.54      | 0.00%             | 2065-05-25      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| Ellington Financial Mortgage Trust               | Ellington Financial Mortgage Trust 2017-1                                       | CUSIP: 31574XAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    465371 | PA      | $408693.95    | 0.03%             | 2066-02-25      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK NA                              | Fifth Third Bank NA                                                             | CUSIP: 31677QBU2<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3027008.82   | 0.21%             | 2028-01-28      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Finance of America HECM Buyout                   | Finance of America HECM Buyout 2024-HB1                                         | CUSIP: 31737DAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    183927 | PA      | $183827.24    | 0.01%             | 2034-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured Securities Trust   | Finance of America Structured Securities Trust 2022-S6                          | CUSIP: 31740XAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3710335 | PA      | $3704535.92   | 0.25%             | 2061-07-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Finance of America Structured Securities Trust   | Finance Of America Structured Securities Trust Series 2025-S1                   | CUSIP: 31741BAB0<br>LEI: 254900W0S6GNEJ457023 | Long             | ABS-MBS          | CORP              | US        |   3991994 | PA      | $3874438.08   | 0.26%             | 2075-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| First Investors Auto Owner Trust                 | First Investors Auto Owner Trust 2023-1                                         | CUSIP: 320986AA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    327730 | PA      | $330302.57    | 0.02%             | 2028-10-16      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                       | Flagship Credit Auto Trust 2024-1                                               | CUSIP: 33843VAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5013954.50   | 0.34%             | 2028-10-16      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Flagship Credit Auto Trust                       | Flagship Credit Auto Trust 2020-3                                               | CUSIP: 33844TAJ6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4384742 | PA      | $4385096.00   | 0.30%             | 2027-12-15      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                         | Ford Motor Credit Co LLC                                                        | CUSIP: 345397F81<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6029357.70   | 0.41%             | 2026-11-05      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Freedom Financial                                | FREED ABS Trust 2022-3FP                                                        | CUSIP: 35634EAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    790827 | PA      | $794986.47    | 0.05%             | 2029-08-20      | Fixed         | 7.36%                 | No            |                  2 | On Loan: No      |
| GATX CORP                                        | GATX Corp                                                                       | CUSIP: 361448BP7<br>LEI: 549300IHYHCQP2PIR591 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5072019.85   | 0.34%             | 2027-03-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GCAT                                             | GCAT 2022-CM1 Trust                                                             | CUSIP: 36168XAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10039390 | PA      | $9501342.03   | 0.64%             | 2066-12-27      | Variable      | 2.89%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                              | CUSIP: 36200NYT2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     91708 | PA      | $91247.00     | 0.01%             | 2034-08-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                              | CUSIP: 36208AZP9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      6235 | PA      | $6239.40      | 0.00%             | 2058-05-20      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                              | CUSIP: 36208AZR5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2332 | PA      | $2365.89      | 0.00%             | 2058-06-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae I Pool                                                               | CUSIP: 36225BYK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    119381 | PA      | $125862.96    | 0.01%             | 2033-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                              | CUSIP: 36225C4B9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    479800 | PA      | $487348.94    | 0.03%             | 2034-01-20      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                              | CUSIP: 36225FA82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     10668 | PA      | $10911.74     | 0.00%             | 2041-01-20      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Ginnie Mae II Pool                                                              | CUSIP: 36225FDN6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     19240 | PA      | $19703.18     | 0.00%             | 2041-04-20      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| GSMPS Mortgage Loan Trust                        | GSMPS Mortgage Loan Trust                                                       | CUSIP: 36228FAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18932 | PA      | $18551.90     | 0.00%             | 2027-09-19      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| FRONTIER CALIFORNIA INC                          | Frontier California Inc                                                         | CUSIP: 362311AG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3405000 | PA      | $3456075.00   | 0.23%             | 2027-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                     | GS Mortgage Securities Corp Trust 2018-LUAU                                     | CUSIP: 36256AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2660721 | PA      | $2645140.52   | 0.18%             | 2032-11-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Trust 2020-NQM1                                   | CUSIP: 36259WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    572008 | PA      | $545180.06    | 0.04%             | 2060-09-27      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| GS Mortgage-Backed Securities Trust              | GS Mortgage-Backed Securities Trust 2024-HE1                                    | CUSIP: 36270AAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4384131 | PA      | $4393275.34   | 0.30%             | 2054-08-25      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                           | General Motors Financial Co Inc                                                 | CUSIP: 37045XEF9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5020943.10   | 0.34%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                           | General Motors Financial Co Inc                                                 | CUSIP: 37045XEX0<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   2185000 | PA      | $2222314.62   | 0.15%             | 2027-07-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                              | Georgia-Pacific LLC                                                             | CUSIP: 37331NAR2<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3538291.33   | 0.24%             | 2028-06-30      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GLS Auto Receivables Trust                       | GLS Auto Receivables Issuer Trust 2024-2                                        | CUSIP: 37964VAF4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5000000 | PA      | $5129779.50   | 0.35%             | 2030-02-15      | Fixed         | 6.19%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                          | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GD27<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7005045.11   | 0.48%             | 2029-10-21      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association         | Government National Mortgage Association                                        | CUSIP: 38379AUZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    191432 | PA      | $1430.15      | 0.00%             | 2028-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Gracie Point International Funding               | Gracie Point International Funding 2025-1 LLC                                   | CUSIP: 38411WAA0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $6999781.60   | 0.47%             | 2028-08-15      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| HAVN Trust                                       | HAVN Trust 2025-MOB                                                             | CUSIP: 40408XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1775000 | PA      | $1775554.69   | 0.12%             | 2035-10-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| HSBC USA INC                                     | HSBC USA Inc                                                                    | CUSIP: 40428HR95<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5693638.38   | 0.39%             | 2028-06-03      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HPS CORPORATE LENDING FU                         | HPS Corporate Lending Fund                                                      | CUSIP: 40440VAQ8<br>LEI: 549300ZS7IHUA6FKFV61 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2978204.04   | 0.20%             | 2028-09-11      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| HP ENTERPRISE CO                                 | Hewlett Packard Enterprise Co                                                   | CUSIP: 42824CBR9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7021439.32   | 0.48%             | 2026-09-25      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                          | Hyundai Capital America                                                         | CUSIP: 44891ACT2<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7078963.92   | 0.48%             | 2027-01-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2020-NQM1                                          | CUSIP: 452760AA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1230321 | PA      | $1165982.55   | 0.08%             | 2055-10-25      | Variable      | 1.38%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2021-NQM3                                          | CUSIP: 452762AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2990915 | PA      | $2599839.60   | 0.18%             | 2056-11-25      | Variable      | 1.60%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2021-NQM1                                          | CUSIP: 452764AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1388532 | PA      | $1220301.86   | 0.08%             | 2056-06-25      | Variable      | 1.07%                 | No            |                  2 | On Loan: No      |
| Imperial Fund LLC                                | Imperial Fund Mortgage Trust 2022-NQM3                                          | CUSIP: 45276KAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9963884 | PA      | $9928419.71   | 0.67%             | 2067-05-25      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Imprint Payments Credit Card Master Trust        | Imprint Payments Credit Card Master Trust                                       | CUSIP: 45333GAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6350000 | PA      | $6363494.39   | 0.43%             | 2029-09-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans Inc | INDIANA ST SECONDARY MARKET FOR EDU LOANS INC                                   | CUSIP: 45505HAT4<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |    925720 | PA      | $926683.05    | 0.06%             | 2044-02-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                                       | Intel Corp                                                                      | CUSIP: 458140BY5<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   5407000 | PA      | $5369411.35   | 0.36%             | 2027-08-05      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| iShares 0-5 Year High Yield Corporate Bond ETF   | iShares 0-5 Year High Yield Corporate Bond ETF                                  | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             | EC               | RF                | US        |    314900 | NS      | $13565892.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust Series 2025-4                                          | CUSIP: 46593UAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5214377 | PA      | $5259174.49   | 0.36%             | 2055-11-25      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                         | JP Morgan Mortgage Trust Series 2025-7MPR                                       | CUSIP: 46594CAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1937855 | PA      | $1942540.65   | 0.13%             | 2056-02-25      | Variable      | 5.32%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                              | JPMorgan Chase & Co                                                             | CUSIP: 46647PEP7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2018155.00   | 0.14%             | 2028-10-22      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Sec Trust    | J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-PHH                 | CUSIP: 46650FAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3571081 | PA      | $3018724.86   | 0.20%             | 2035-06-15      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                           | John Deere Owner Trust 2023-C                                                   | CUSIP: 47787CAD5<br>LEI: 549300MS3JZB0OWONQ39 | Long             | ABS-O            | CORP              | US        |   2327000 | PA      | $2372755.34   | 0.16%             | 2030-08-15      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| KYNDRYL HOLDINGS INC                             | Kyndryl Holdings Inc                                                            | CUSIP: 50155QAJ9<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | DBT              | CORP              | US        |   5919000 | PA      | $5802944.27   | 0.39%             | 2026-10-15      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                             | Las Vegas Sands Corp                                                            | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5092091.20   | 0.35%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Legacy Mortgage Asset Trust                      | Legacy Mortgage Asset Trust 2020-RPL1                                           | CUSIP: 52474HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5059857 | PA      | $4878459.96   | 0.33%             | 2059-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Lendmark Funding Trust                           | Lendmark Funding Trust 2024-2                                                   | CUSIP: 52590AAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4620000 | PA      | $4625488.10   | 0.31%             | 2034-02-21      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                    | Lendbuzz Securitization Trust 2024-3                                            | CUSIP: 52609YAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3959146 | PA      | $3957218.04   | 0.27%             | 2029-10-15      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                         | Live Nation Entertainment Inc                                                   | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3433915.00   | 0.23%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                         | Lloyds Banking Group PLC                                                        | CUSIP: 539439AX7<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   6150000 | PA      | $6383263.72   | 0.43%             | 2029-03-06      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                         | Lloyds Banking Group PLC                                                        | CUSIP: 539439BD0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   4580000 | PA      | $4653328.69   | 0.32%             | 2029-06-13      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                   | Lowe's Cos Inc                                                                  | CUSIP: 548661ET0<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9989055.50   | 0.68%             | 2027-10-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2020-NQM1 Trust                                                             | CUSIP: 552754AA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    444340 | PA      | $432442.11    | 0.03%             | 2065-03-25      | Variable      | 2.48%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2020-NQM3 Trust                                                             | CUSIP: 552757AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    597948 | PA      | $570238.70    | 0.04%             | 2065-01-26      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| MFRA Trust                                       | MFA 2021-NQM1 Trust                                                             | CUSIP: 55283FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1889156 | PA      | $1784887.60   | 0.12%             | 2065-04-25      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust      | MF1 2021-FL7 Ltd                                                                | CUSIP: 55284AAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4299807 | PA      | $4297233.00   | 0.29%             | 2036-10-16      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| MF1 Multifamily Housing Mortgage Loan Trust      | MF1 2022-FL8 Ltd                                                                | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8457724 | PA      | $8464197.63   | 0.57%             | 2037-02-19      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| M&T Bank Auto Receivables Trust                  | M&T Bank Auto Receivables Trust 2024-1                                          | CUSIP: 55286TAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3715000 | PA      | $3755295.86   | 0.25%             | 2032-02-17      | Fixed         | 5.22%                 | No            |                  2 | On Loan: No      |
| MNR ABS ISSUER I LLC                             | MNR ABS ISSUER I LLC                                                            | CUSIP: 55317XAA7<br>LEI: 254900P5PAYARXBH9O74 | Long             | ABS-O            | CORP              | US        |   1540829 | PA      | $1567793.08   | 0.11%             | 2038-12-15      | Fixed         | 8.12%                 | No            |                  3 | On Loan: No      |
| MACQUARIE BANK LTD                               | Macquarie Bank Ltd                                                              | CUSIP: 55608PBT0<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   5000000 | PA      | $5107460.90   | 0.35%             | 2027-07-02      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                         | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBL6<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1896000 | PA      | $1875817.08   | 0.13%             | 2027-03-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| MARS INC                                         | Mars Inc                                                                        | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5033887.65   | 0.34%             | 2027-03-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MASTR Adjustable Rate Mortgages Trust            | MASTR Adjustable Rate Mortgages Trust 2002-3                                    | CUSIP: 576433BM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1273 | PA      | $1282.69      | 0.00%             | 2032-10-25      | Variable      | 6.63%                 | No            |                  2 | On Loan: No      |
| MERCADOLIBRE INC                                 | MercadoLibre Inc                                                                | CUSIP: 58733RAE2<br>LEI: 549300DKPDN9M5S8GB14 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1990692.00   | 0.14%             | 2026-01-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                          | Metropolitan Life Global Funding I                                              | CUSIP: 592179KL8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5077621.65   | 0.34%             | 2027-06-11      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Mission Lane Credit Card Master Trust            | Mission Lane Credit Card Master Trust                                           | CUSIP: 60510MBE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6280000 | PA      | $6324093.14   | 0.43%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MOLEX ELECTRONICS TECH                           | Molex Electronic Technologies LLC                                               | CUSIP: 60856BAE4<br>LEI: 549300WTBVUFUPSIWI20 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5057011.00   | 0.34%             | 2028-04-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                           | Morgan Stanley Bank NA                                                          | CUSIP: 61690DK72<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5094491.25   | 0.35%             | 2029-01-12      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                           | Morgan Stanley Bank NA                                                          | CUSIP: 61690U8B9<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3674166.73   | 0.25%             | 2028-05-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                   | Morgan Stanley                                                                  | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   7735000 | PA      | $7889382.56   | 0.54%             | 2029-04-12      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                 | NTT Finance Corp                                                                | CUSIP: 62954WAL9<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   5000000 | PA      | $5078896.00   | 0.34%             | 2027-07-02      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CORP                                 | NTT Finance Corp                                                                | CUSIP: 62954WAP0<br>LEI: 3538007PR116187GD960 | Long             | DBT              | CORP              | JP        |   5920000 | PA      | $5964636.68   | 0.40%             | 2027-07-16      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| New York Mortgage Trust                          | NYMT Loan Trust 2025-INV2                                                       | CUSIP: 62957JAC5<br>LEI: 254900EYRFLK2LMLVT67 | Long             | ABS-MBS          | CORP              | US        |   4972674 | PA      | $4988302.47   | 0.34%             | 2060-10-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRALIA BK/NY                         | National Australia Bank Ltd/New York                                            | CUSIP: 632525CA7<br>LEI: 549300E2IPL06NDXMZ63 | Long             | DBT              | CORP              | AU        |   7000000 | PA      | $7087767.82   | 0.48%             | 2027-10-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF CANADA                          | National Bank of Canada                                                         | CUSIP: 63307A3D5<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4040382.36   | 0.27%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                         | National Rural Utilities Cooperative Finance Corp                               | CUSIP: 63743HFW7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5074693.15   | 0.34%             | 2028-02-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NATIONAL SECS CLEARING                           | National Securities Clearing Corp                                               | CUSIP: 637639AN5<br>LEI: 549300RYC9NELN2ICA34 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5038849.20   | 0.34%             | 2027-05-20      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                              | NatWest Markets PLC                                                             | CUSIP: 63906YAH1<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5100659.25   | 0.35%             | 2027-05-17      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Student Loan Trust 2017-3                                               | CUSIP: 63940JAC3<br>LEI: 549300761SV59SBM0Z40 | Long             | ABS-O            | CORP              | US        |   3806092 | PA      | $3833534.63   | 0.26%             | 2066-07-26      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                       | Navient Private Education Refi Loan Trust 2021-E                                | CUSIP: 63942EAA6<br>LEI: 549300ZUZB9UCBWEBN39 | Long             | ABS-O            | CORP              | US        |    734236 | PA      | $660065.17    | 0.04%             | 2069-12-16      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| Neighborly Issuer LLC                            | Neighborly Issuer 2023-1                                                        | CUSIP: 64016NAE7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6807500 | PA      | $6900069.75   | 0.47%             | 2053-01-30      | Fixed         | 7.31%                 | No            |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust              | New Residential Mortgage Loan Trust 2021-INV1                                   | CUSIP: 64829WAF1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4322294 | PA      | $3930694.96   | 0.27%             | 2051-06-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                           | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KCL2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7074088.70   | 0.48%             | 2027-09-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| NextGear Floorplan Master Owner Trust            | NextGear Floorplan Master Owner Trust                                           | CUSIP: 65341KBZ8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8960000 | PA      | $9081495.81   | 0.62%             | 2029-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Receivables Owner Trust              | Nissan Auto Receivables 2025-B Owner Trust                                      | CUSIP: 65490DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   9725000 | PA      | $9730816.52   | 0.66%             | 2028-07-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN MUTUAL GLBL                         | Northwestern Mutual Global Funding                                              | CUSIP: 66815L2X6<br>LEI: 635400LZXFVELZDVP257 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5022015.90   | 0.34%             | 2028-08-25      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                         | OBX 2021-NQM3 Trust                                                             | CUSIP: 67114JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3165696 | PA      | $2619515.94   | 0.18%             | 2061-07-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Onslow Bay Financial LLC                         | OBX 2020-EXP1 Trust                                                             | CUSIP: 67448TAP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    521885 | PA      | $465650.91    | 0.03%             | 2060-02-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Octane Receivables Trust                         | Octane Receivables Trust 2025-RVM1                                              | CUSIP: 67571HAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   8000000 | PA      | $8016004.00   | 0.54%             | 2046-12-20      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                 | OneMain Financial Issuance Trust 2023-2                                         | CUSIP: 68269HAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5120000 | PA      | $5167047.17   | 0.35%             | 2036-09-15      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Issuance Trust                 | OneMain Financial Issuance Trust 2021-1                                         | CUSIP: 68269MAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6000000 | PA      | $5818317.00   | 0.39%             | 2036-06-16      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| 1345 Trust                                       | 1345T 2025-AOA                                                                  | CUSIP: 68271CAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3005625.00   | 0.20%             | 2042-06-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| CADILLAC FAIRVIEW PRP TR                         | Ontario Teachers' Cadillac Fairview Properties Trust                            | CUSIP: 68327LAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   5875000 | PA      | $5847539.55   | 0.40%             | 2027-03-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Oportun Funding LLC                              | Oportun Issuance Trust 2025-C                                                   | CUSIP: 68378RAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4364000 | PA      | $4357788.28   | 0.30%             | 2033-07-08      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| BLUE OWL CAPITAL CORP                            | Blue Owl Capital Corp                                                           | CUSIP: 69121KAF1<br>LEI: 2549000BD79OOCPF2L94 | Long             | DBT              | CORP              | US        |   5270000 | PA      | $5134847.48   | 0.35%             | 2027-01-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                              | PFS Financing Corp                                                              | CUSIP: 69335PFE0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6031000 | PA      | $6088839.10   | 0.41%             | 2029-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PFS Financing Corp.                              | PFS Financing Corp                                                              | CUSIP: 69335PFY6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7000000 | PA      | $7070062.30   | 0.48%             | 2030-05-15      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya AI Debt Trust 2023-8                                                     | CUSIP: 694960AA3<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |   1476949 | PA      | $1495004.22   | 0.10%             | 2031-06-16      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya AI Debt Grantor Trust 2025-7                                             | CUSIP: 69545RAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |  12148000 | PA      | $12143489.45  | 0.82%             | 2033-05-15      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya AI Debt Trust 2025-4                                                     | CUSIP: 69547DAB2<br>LEI: 254900ULYEY0HX0PKA54 | Long             | ABS-O            | CORP              | US        |   5584802 | PA      | $5629306.23   | 0.38%             | 2033-01-17      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Pagaya AI Debt Selection Trust                   | Pagaya Ai Debt Grantor Trust 2025-6                                             | CUSIP: 69549BAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2945000 | PA      | $2933672.65   | 0.20%             | 2033-04-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Panama Government International Bonds            | Panama Government International Bonds                                           | CUSIP: 698299BF0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   5000000 | PA      | $4900500.00   | 0.33%             | 2028-03-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                         | Penske Truck Leasing Co Lp / PTL Finance Corp                                   | CUSIP: 709599BU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5029922.30   | 0.34%             | 2026-05-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PFIZER INC                                       | Pfizer Inc                                                                      | CUSIP: 717081FJ7<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3004817.01   | 0.20%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                           | Philip Morris International Inc                                                 | CUSIP: 718172DF3<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7065862.93   | 0.48%             | 2027-02-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Prestige Auto Receivables Trust                  | Prestige Auto Receivables Trust 2024-2                                          | CUSIP: 74113SAC1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3255000 | PA      | $3244047.58   | 0.22%             | 2029-02-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| QDOBA Funding LLC                                | Qdoba Funding LLC                                                               | CUSIP: 746954AA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6982500 | PA      | $7263184.63   | 0.49%             | 2053-09-14      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES INC                              | Quanta Services Inc                                                             | CUSIP: 74762EAK8<br>LEI: SHVRXXEACT60MMH07S24 | Long             | DBT              | CORP              | US        |   6505000 | PA      | $6571784.82   | 0.45%             | 2027-08-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Woodward Capital Management                      | RCKT Mortgage Trust 2023-CES3                                                   | CUSIP: 749407AB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1854319 | PA      | $1882475.45   | 0.13%             | 2043-11-25      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| RFS Asset Securitization II LLC                  | RFS Asset Securitization II LLC                                                 | CUSIP: 74969DAL9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4190000 | PA      | $4266956.89   | 0.29%             | 2031-07-15      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| RECKITT BENCKISER TSY                            | Reckitt Benckiser Treasury Services PLC                                         | CUSIP: 75625QAE9<br>LEI: 213800LAXWIUOOBZ3908 | Long             | DBT              | CORP              | GB        |   6570000 | PA      | $6472497.13   | 0.44%             | 2027-06-26      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| REGAL REXNORD CORP                               | Regal Rexnord Corp                                                              | CUSIP: 758750AL7<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   5255000 | PA      | $5267148.98   | 0.36%             | 2026-02-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Residential Mortgage Loan Trust                  | Residential Mortgage Loan Trust 2021-1R                                         | CUSIP: 76090NAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    891912 | PA      | $864523.87    | 0.06%             | 2065-01-25      | Variable      | 0.86%                 | No            |                  2 | On Loan: No      |
| RGA GLOBAL FUNDING                               | RGA Global Funding                                                              | CUSIP: 76209PAH6<br>LEI: 549300Y22K5FOEBMSK42 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7026838.28   | 0.48%             | 2028-08-25      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                          | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   3400000 | PA      | $3426240.04   | 0.23%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST                                  | SBA Tower Trust                                                                 | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              |  | US        |   5099000 | PA      | $5220118.59   | 0.35%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| SBNA Auto Lease Trust                            | SBNA Auto Lease Trust 2025-A                                                    | CUSIP: 78437KAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1509499.80   | 0.10%             | 2028-04-20      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2003-10                                                  | CUSIP: 78442GJH0<br>LEI: 5493000NQN5E3MSIIG77 | Long             | ABS-O            | CORP              | US        |   9234532 | PA      | $9197217.37   | 0.62%             | 2068-12-17      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Private Education Loan Trust 2010-C                                         | CUSIP: 78445QAE1<br>LEI: 549300JEA36NHBYED811 | Long             | ABS-O            | CORP              | US        |   2169599 | PA      | $2280616.90   | 0.15%             | 2041-10-15      | Floating      | 8.82%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                           | SLM Student Loan Trust 2013-1                                                   | CUSIP: 78447MAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2283325 | PA      | $2261019.42   | 0.15%             | 2055-05-26      | Floating      | 4.74%                 | No            |                  2 | On Loan: No      |
| SPGN TFLM Mortgage Trust                         | SPGN 2022-TFLM Mortgage Trust                                                   | CUSIP: 78473HAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  20000000 | PA      | $19996318.00  | 1.36%             | 2039-02-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA                           | Santander Holdings USA Inc                                                      | CUSIP: 80282KBN5<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6127197.72   | 0.42%             | 2029-03-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes          | Santander Bank Auto Credit-Linked Notes Series 2023-A                           | CUSIP: 80290CBU7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     69578 | PA      | $69668.50     | 0.00%             | 2033-06-15      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                           | Skandinaviska Enskilda Banken AB                                                | CUSIP: 830505BE2<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   7000000 | PA      | $7078332.10   | 0.48%             | 2028-06-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Sotheby's Artfi Master Trust 2024-A              | Sotheby's Artfi Master Trust                                                    | CUSIP: 83589CAA6<br>LEI: 9845002FA850DM72BA31 | Long             | ABS-O            | CORP              | US        |   5800000 | PA      | $5826032.72   | 0.40%             | 2031-12-22      | Fixed         | 6.43%                 | No            |                  2 | On Loan: No      |
| Sotheby's Artfi Master Trust 2024-A              | Sotheby's Artfi Master Trust                                                    | CUSIP: 83589CAC2<br>LEI: 9845002FA850DM72BA31 | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2006892.60   | 0.14%             | 2031-12-22      | Fixed         | 6.58%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                              | Southern California Edison Co                                                   | CUSIP: 842400JB0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5011623.00   | 0.34%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Springcastle SPV                                 | SpringCastle America Funding LLC                                                | CUSIP: 85022WAP9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1156730 | PA      | $1091596.16   | 0.07%             | 2037-09-25      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                         | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4015000 | PA      | $4052626.93   | 0.27%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust              | Starwood Mortgage Residential Trust 2020-1                                      | CUSIP: 85573AAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2088298 | PA      | $2007757.55   | 0.14%             | 2050-02-25      | Variable      | 2.56%                 | No            |                  2 | On Loan: No      |
| Starwood Mortgage Residential Trust              | Starwood Mortgage Residential Trust 2021-2                                      | CUSIP: 85573HAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1365078 | PA      | $1295116.25   | 0.09%             | 2065-05-25      | Variable      | 0.94%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINL GRP                         | Sumitomo Mitsui Financial Group Inc                                             | CUSIP: 86562MCT5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |  10000000 | PA      | $10010246.40  | 0.68%             | 2026-01-13      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| SYNOPSYS INC                                     | Synopsys Inc                                                                    | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5034875.15   | 0.34%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Synchrony Card Issuance Trust                    | Synchrony Card Funding LLC                                                      | CUSIP: 87166PAQ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3625000 | PA      | $3674276.80   | 0.25%             | 2031-05-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| TCI-Symphony CLO                                 | TCI-Symphony CLO 2016-1 Ltd                                                     | CUSIP: 87229WAQ4<br>LEI: 5493005WLG3H3B8NI222 | Long             | ABS-CBDO         | CORP              | KY        |   2675043 | PA      | $2675319.95   | 0.18%             | 2032-10-13      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| Toorak Mortgage Corp.                            | TRK 2021-INV2 Trust                                                             | CUSIP: 87267TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8173416 | PA      | $7422373.39   | 0.50%             | 2056-11-25      | Variable      | 1.97%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                          | TRTX 2022-FL5 Issuer Ltd                                                        | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8883856 | PA      | $8844081.99   | 0.60%             | 2039-02-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| TANGER PROPERTIES LP                             | Tanger Properties LP                                                            | CUSIP: 875484AJ6<br>LEI: PQPGJDNFN35EXH363L31 | Long             | DBT              |  | US        |   6975000 | PA      | $6914347.21   | 0.47%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Tesla Lease Electric Vehicle Securitization LLC  | Tesla Lease Electric Vehicle Securitization 2025-A LLC                          | CUSIP: 88162VAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   7130000 | PA      | $7165755.52   | 0.49%             | 2028-11-20      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2017-4                                                | CUSIP: 89173UAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    362775 | PA      | $356055.00    | 0.02%             | 2057-06-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2017-6                                                | CUSIP: 89175JAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    332430 | PA      | $327685.62    | 0.02%             | 2057-10-25      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2018-3                                                | CUSIP: 89175MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1803231 | PA      | $1775143.30   | 0.12%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2018-2                                                | CUSIP: 89175VAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    413384 | PA      | $409361.34    | 0.03%             | 2058-03-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Towd Point Mortgage Trust                        | Towd Point Mortgage Trust 2025-FIX1                                             | CUSIP: 89183MAA1<br>LEI: 2549009GWN99QN2XSG71 | Long             | ABS-O            | CORP              | US        |   5779206 | PA      | $5782835.50   | 0.39%             | 2065-09-25      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                              | Global Payments Inc                                                             | CUSIP: 891906AC3<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   6305000 | PA      | $6307890.28   | 0.43%             | 2026-04-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                         | Toyota Motor Credit Corp                                                        | CUSIP: 89236TNG6<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5048782.05   | 0.34%             | 2027-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TPG Real Estate Finance                          | TRTX 2025-FL6 Issuer Ltd                                                        | CUSIP: 897764AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5100000 | PA      | $5104179.45   | 0.35%             | 2042-09-18      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Truist Bank Auto Credit-Linked Notes             | Truist Bank Auto Credit-Linked Notes Series 2025-1                              | CUSIP: 897926CB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4852924 | PA      | $4857112.81   | 0.33%             | 2033-09-26      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| U.S. Bank National Association                   | US Bank NA                                                                      | CUSIP: 90357PAV6<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | ABS-O            | CORP              | US        |    605723 | PA      | $612173.29    | 0.04%             | 2032-08-25      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                              | United Airlines Inc                                                             | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5992435.20   | 0.41%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| US BANCORP                                       | US Bancorp                                                                      | CUSIP: 91159HJP6<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7164065.51   | 0.49%             | 2027-10-26      | Fixed         | 6.79%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bills                                                             | CUSIP: 912797QZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  45000000 | PA      | $44916944.40  | 3.05%             | 2025-12-18      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bills                                                             | CUSIP: 912797RW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  43000000 | PA      | $42962826.93  | 2.91%             | 2025-12-09      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bills                                                             | CUSIP: 912797RX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  37000000 | PA      | $36939805.44  | 2.51%             | 2025-12-16      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bills                                                             | CUSIP: 912797RY5<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |  30000000 | PA      | $29928524.40  | 2.03%             | 2025-12-23      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                             | CUSIP: 91282CJV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20285000 | PA      | $20294904.76  | 1.38%             | 2026-01-31      | Fixed         | 4.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                             | CUSIP: 91282CLH2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  95925000 | PA      | $95947033.01  | 6.51%             | 2026-08-31      | Fixed         | 3.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                                                             | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  22000000 | PA      | $21968718.64  | 1.49%             | 2026-09-30      | Fixed         | 3.50%                 | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC                           | UnitedHealth Group Inc                                                          | CUSIP: 91324PFN7<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3036068.46   | 0.21%             | 2028-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-1                                               | CUSIP: 92537QAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1992372 | PA      | $1809103.04   | 0.12%             | 2066-01-25      | Variable      | 1.05%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-R3                                              | CUSIP: 92538EAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1772276 | PA      | $1693386.13   | 0.11%             | 2064-04-25      | Variable      | 1.02%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust                       | Verus Securitization Trust 2021-2                                               | CUSIP: 92538FAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1196065 | PA      | $1093576.79   | 0.07%             | 2066-02-25      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                         | Vistra Operations Co LLC                                                        | CUSIP: 92840VAG7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   6195000 | PA      | $6145625.85   | 0.42%             | 2027-01-30      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                         | Vistra Operations Co LLC                                                        | CUSIP: 92840VAX0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2175000 | PA      | $2169421.13   | 0.15%             | 2028-10-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                         | Volkswagen Group of America Finance LLC                                         | CUSIP: 928668CK6<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   6505000 | PA      | $6533149.74   | 0.44%             | 2026-08-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WEA FINANCE LLC                                  | WEA Finance LLC                                                                 | CUSIP: 92928QAE8<br>LEI: 3CYEJKBUJZO3UW777J80 | Long             | DBT              |  | US        |   4185000 | PA      | $4154288.80   | 0.28%             | 2028-09-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3025673.34   | 0.21%             | 2028-01-24      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                            | Wells Fargo & Co                                                                | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   6180000 | PA      | $6301235.04   | 0.43%             | 2029-04-23      | Fixed         | 4.97%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust            | Wells Fargo Commercial Mortgage Trust 2025-NYCH                                 | CUSIP: 95004KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2992500.00   | 0.20%             | 2042-06-15      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| Westlake Flooring Master Trust                   | Westlake Flooring Master Trust                                                  | CUSIP: 96043GAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    390000 | PA      | $391062.40    | 0.03%             | 2028-02-15      | Fixed         | 6.07%                 | No            |                  2 | On Loan: No      |
| Wheels Fleet Lease Funding LLC                   | Wheels Fleet Lease Funding 1 LLC                                                | CUSIP: 96328GBT3<br>LEI: 549300BSFY0E0XXREF43 | Long             | ABS-O            | CORP              | US        |   1564821 | PA      | $1577639.73   | 0.11%             | 2039-06-21      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                   | ALLSPRING GOVERNMENT MONEY MAR                                                  | CUSIP: 000000000<br>LEI: 549300GFSYYLVYEWA041 | Long             | STIV             | RF                | US        |  67729850 | NS      | $67729850.48  | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| World Omni Auto Receivables Trust                | World Omni Auto Receivables Trust 2025-D                                        | CUSIP: 98165HAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3300000 | PA      | $3308379.69   | 0.22%             | 2031-03-17      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -352 | NC      | $-16287.04    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 5YR NOTE (CBT) MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -313 | NC      | $-6303.51     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) MAR26                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -723 | NC      | $32733.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer