# EDGAR Filing Document

**Accession Number:** 0001724826
**File Stem:** 0001752724-25-185780
**Filing Date:** 2025-8
**Character Count:** 250263
**Document Hash:** 5895a9b5f0a686b3ff18482cef14527f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-185780.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0001752724-25-185780

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250811

**DATE AS OF CHANGE**: 20250811

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Six Circles Trust
- **CENTRAL INDEX KEY:** 0001724826

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23325
- **FILM NUMBER:** 251200602

**BUSINESS ADDRESS:**
- **STREET 1:** C/O J.P. MORGAN PRIVATE INVESTMENTS INC.
- **STREET 2:** 383 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10179
- **BUSINESS PHONE:** 212-270-6000

**MAIL ADDRESS:**
- **STREET 1:** C/O J.P. MORGAN PRIVATE INVESTMENTS INC.
- **STREET 2:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 23Wall Trust
- **DATE OF NAME CHANGE:** 20171208

## Series and Classes Contracts Data

### Six Circles Ultra Short Duration Fund (Series ID: S000061650)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000199642 | Six Circles Ultra Short Duration Fund | CUSDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SIX CIRCLES TRUST

- **b. Investment Company Act file number:** 811-23325

- **c. CIK number of Registrant:** 0001724826

- **d. LEI of Registrant:** 549300NG19QZK8S0N704

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

  - **Street Address 1:** 383 Madison Ave

  - **City:** NY

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10179

  - **Telephone number:** 212-464-2070

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

- **a. Name of Series:** Six Circles Ultra Short Duration Fund

- **b. EDGAR series identifier (if any):** S000061650

- **c. LEI of Series:** 549300S8JT7W7MNUHF13

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $737167154.15

**Total Liabilities:** $17477873.70

**Net Assets:** $719689280.45

**Cash Not Reported:** $4981114.58

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 9377.14316700 | **1-Year:** 35837.96352800 | **5-Year:** 20743.92220200 | **10-Year:** 3989.60703500 | **30-Year:** 1064.51821000

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

- **3-Month:** 21.99732100 | **1-Year:** 96.99369800 | **5-Year:** 5.29624800 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000199642 | 0.38%                | 0.37%                | 0.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $201409.91               | $3021810.05                                |
| Month 2  | $2180174.15              | $-2104446.73                               |
| Month 3  | $535570.91               | $1853986.12                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                            | Title                                                                                          | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GMCAR 2023-4 A 5.89% 06/16/25   | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4 SER 2023-4 CL A2A REGD 5.89000000    | CUSIP: 379930AB6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      44088 | PA      | $44134.18      | 0.01%             | 2026-11-16      | Fixed         | 5.89%                 | No            |                  2 | On Loan: No      |
| CASH COLLATERAL LCH FOB WFS     | CASH COLLATERAL LCH FOB WFS 0.00000000                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |    2012000 | PA      | $2012000.00    | 0.28%             | 2049-12-31      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABO V/R 12/15/27  | COOPERATIEVE RABOBANK UA REGD V/R 144A P/P 1.98000000                                          | CUSIP: 74977RDL5<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    2100000 | PA      | $2025320.64    | 0.28%             | 2027-12-15      | Variable      | 1.98%                 | Yes           |                  2 | On Loan: No      |
| SCGC 2025-1 V/R 06/14/31 /EUR/  | SC GERMANY SA COMPARTMENT CONSUMER 2025-1 SER 2025-1 CL B V/R REGD REG S /EUR/ 2.86400000      | CUSIP: L81394CH6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |     200000 | PA      | $235919.59     | 0.03%             | 2038-12-14      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| GSMBS 2021-RPL1  V/R 12/25/60   | GS MORTGAGE-BACKED SECURITIES CORP TRUST 2021 SER 2021-RPL1 CL A1 V/R REGD 144A P/P 1.75000000 | CUSIP: 36261WAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     217235 | PA      | $203693.99     | 0.03%             | 2060-12-25      | Variable      | 1.75%                 | Yes           |                  2 | On Loan: No      |
| ANORI 2022- V/R 01/26/40 /EUR/  | AUTONORIA SPAIN 2022 FT SER 2022-SP CL B V/R REGD REG S /EUR/ 3.88900000                       | CUSIP: E7827FAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | ES        |      46181 | PA      | $55184.79      | 0.01%             | 2040-01-26      | Variable      | 3.89%                 | No            |                  2 | On Loan: No      |
| ILPT 2022-LPF2 A V/R 10/15/24   | ILPT COMMERCIAL MORTGAGE TRUST 2022-LPF2 SER 2022-LPF2 CL A V/R REGD 144A P/P 6.55676000       | CUSIP: 449652AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     480000 | PA      | $479400.00     | 0.07%             | 2039-10-15      | Variable      | 6.56%                 | Yes           |                  2 | On Loan: No      |
| FMACB 2024- V/R 02/18/56 /AUD/  | FIRSTMAC MORTGAGE FUNDING TRUST NO. 4 SERIES 2024-4 SER 2024-4 CL A1 V/R REGD /AUD/ 4.80460000 | CUSIP: Q3R749AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | AU        |     389938 | PA      | $256514.42     | 0.04%             | 2056-02-18      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP 4.9% 08/14/26  | VOLKSWAGEN GROUP AMERICA REGD 144A P/P 4.90000000                                              | CUSIP: 928668CK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     600000 | PA      | $601181.93     | 0.08%             | 2026-08-14      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| FHR 5493 FK V/R 01/25/55        | FREDDIE MAC REMICS SER 5493 CL FK V/R 5.45517000                                               | CUSIP: 3137HHWV9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     641764 | PA      | $639852.66     | 0.09%             | 2055-01-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| ANORI 2023- V/R 09/30/41 /EUR/  | AUTONORIA SPAIN 2023 FT SER 2023-SP CL A V/R REGD REG S /EUR/ 2.58900000                       | CUSIP: E7827LAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | ES        |     473559 | PA      | $558695.86     | 0.08%             | 2041-09-30      | Variable      | 2.59%                 | No            |                  2 | On Loan: No      |
| F/C US ULTRA BOND CBT SEP25     | FUTURE CONTRACT ON           US ULTRA BOND CBT SEP25 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |        -68 | NC      | $-8100500.00   | -1.13%            |  |  |  | No            |                  1 | On Loan: No      |
| CARMX 2023-3 A 5.28% 01/15/27   | CARMAX AUTO OWNER TRUST 2023-3 SER 2023-3 CL A3 REGD 5.28000000                                | CUSIP: 14319BAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     976070 | PA      | $981950.32     | 0.14%             | 2028-05-15      | Fixed         | 5.28%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC 5.8% 12/12/25      | ILLUMINA INC REGD 5.80000000                                                                   | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     300000 | PA      | $301284.06     | 0.04%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| PANO 2025-1 V/R 03/15/33 /AUD/  | PANORAMA AUTO TRUST 2025-1 SER 2025-1 CL A V/R REGD REG S /AUD/ 4.70500000                     | CUSIP: Q744H2AB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | AU        |     488361 | PA      | $320540.50     | 0.04%             | 2033-03-15      | Variable      | 4.71%                 | No            |                  2 | On Loan: No      |
| NAVSL 2018-BX A2 V/R 09/15/26   | NAVIENT PRIVATE EDUCATION LOAN TRUST 2018-B SER 2018-BX CL A2B V/R REGD REG S 5.14624000       | CUSIP: U6379HAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     116922 | PA      | $116942.92     | 0.02%             | 2059-12-15      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| FNR 2025-6 FA V/R 02/25/55      | FANNIE MAE REMICS SER 2025-6 CL FA V/R 5.55517000                                              | CUSIP: 3136BUTN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     451020 | PA      | $452755.30     | 0.06%             | 2055-02-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| CANADA T-BIL ZCP 07/16/25/CAD/  | CANADA T-BILL /CAD/ REGD ZCP 0.00000000                                                        | CUSIP: 1350Z7C36<br>LEI: N/A                  | Long             | STIV             | USGA              | CA        |   20000000 | PA      | $14669623.65   | 2.04%             | 2025-07-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| RTX CORP DISC 07/16/25          | RTX CORP DISC 07/16/25 0.00000000                                                              | CUSIP: 78109FUG5<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    1600000 | PA      | $1596695.20    | 0.22%             | 2025-07-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SMRT 2022-MINI A V/R 01/15/24   | SMRT 2022-MINI SER 2022-MINI CL A V/R REGD 144A P/P 5.31200000                                 | CUSIP: 78457JAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     350000 | PA      | $348687.50     | 0.05%             | 2039-01-15      | Variable      | 5.31%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GRO V/R 02/24/28  | GOLDMAN SACHS GROUP INC REGD V/R 2.64000000                                                    | CUSIP: 38141GZK3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     985000 | PA      | $956077.39     | 0.13%             | 2028-02-24      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| GNR 2023-H26 DF V/R 09/20/73    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2023-H26 CL DF V/R 4.60185000                     | CUSIP: 38383KKA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     730830 | PA      | $726743.83     | 0.10%             | 2073-09-20      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| THLOG 2024- V/R 11/17/29 /EUR/  | THUNDER LOGISTICS 2024-1 DAC SER 2024-1X CL A V/R REGD REG S /EUR/ 3.62700000                  | CUSIP: G8856JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     302080 | PA      | $354936.79     | 0.05%             | 2036-11-17      | Variable      | 3.63%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN V/R 07/31/26  | MERCEDES-BENZ FIN NA REGD V/R 144A P/P 4.98483800                                              | CUSIP: 58769JAV9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1400460.42    | 0.19%             | 2026-07-31      | Variable      | 4.98%                 | Yes           |                  2 | On Loan: No      |
| ARES1 2025-IND3  V/R 04/15/27   | ARES TRUST 2025-IND3 SER 2025-IND3 CL A V/R REGD 144A P/P 5.81176000                           | CUSIP: 039955AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     405000 | PA      | $405505.48     | 0.06%             | 2042-04-15      | Variable      | 5.81%                 | Yes           |                  2 | On Loan: No      |
| HDMOT 2025-A A 4.71% 07/17/28   | HARLEY-DAVIDSON MOTORCYCLE TRUST 2025-A SER 2025-A CL A2A REGD 4.71000000                      | CUSIP: 41284XAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     500000 | PA      | $501642.60     | 0.07%             | 2028-07-17      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTERE V/R 01/14/27  | STANDARD CHARTERED PLC REGD V/R 144A P/P 1.45600000                                            | CUSIP: 853254BZ2<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $393200.86     | 0.05%             | 2027-01-14      | Variable      | 1.46%                 | Yes           |                  2 | On Loan: No      |
| CONE 2024-DFW1 A V/R 08/15/26   | CONE TRUST 2024-DFW1 SER 2024-DFW1 CL A V/R REGD 144A P/P 5.95349000                           | CUSIP: 20682AAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     220000 | PA      | $219172.34     | 0.03%             | 2041-08-15      | Variable      | 5.95%                 | Yes           |                  2 | On Loan: No      |
| N/A                             | CAD/USD FWD 20250716 000004066 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-7584.42      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNR 2022-H01 FA V/R 01/20/72    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2022-H01 CL FA V/R 4.65185000                     | CUSIP: 38382YKM4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     680739 | PA      | $666868.11     | 0.09%             | 2072-01-20      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COM V/R 01/24/28  | WELLS FARGO & COMPANY REGD V/R 5.13292100                                                      | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1000570.37    | 0.14%             | 2028-01-24      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                             | CAD/USD FWD 20250702 000006038 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-19911.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CAN V/R 03/27/28  | ROYAL BANK OF CANADA REGD V/R MTN SER GMTN 5.23396100                                          | CUSIP: 78017DAG3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    2000000 | PA      | $2006008.64    | 0.28%             | 2028-03-27      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| FNMA 30YR TBA 5.5% AUG 25       | FNMA 30YR TBA 5.5% AUG 25      TO BE ANNOUNCED 5.50000000                                      | CUSIP: 01F052680<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    4400000 | PA      | $4395929.74    | 0.61%             | 2055-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY PENN 5.2% 04/01/28  | FIRSTENERGY PENN ELECTRI REGD 144A P/P 5.20000000                                              | CUSIP: 591894CE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     296000 | PA      | $301867.64     | 0.04%             | 2028-04-01      | Fixed         | 5.20%                 | Yes           |                  2 | On Loan: No      |
| LAS VEGAS SANDS  5.9% 06/01/27  | LAS VEGAS SANDS CORP REGD 5.90000000                                                           | CUSIP: 517834AJ6<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     650000 | PA      | $664043.83     | 0.09%             | 2027-06-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| FNR 2024-101 FB V/R 01/25/55    | FANNIE MAE REMICS SER 2024-101 CL FB V/R 5.40517000                                            | CUSIP: 3136BUFJ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     769534 | PA      | $768687.75     | 0.11%             | 2055-01-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| CARS 2024-1 V/R 08/20/31 /GBP/  | CARDIFF AUTO RECEIVABLES SECURITISATIO SER 2024-1 CL B V/R REGD REG S /GBP/ 5.61742000         | CUSIP: G198ACAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     264000 | PA      | $362640.14     | 0.05%             | 2031-08-20      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK 5.625% 08/23/27  | SYNCHRONY BANK REGD 5.62500000                                                                 | CUSIP: 87166FAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1460000 | PA      | $1489045.72    | 0.21%             | 2027-08-23      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GNR 2017-H02 FH V/R 01/20/67    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2017-H02 CL FH V/R 5.44943000                     | CUSIP: 38375UYK0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     643013 | PA      | $650070.93     | 0.09%             | 2067-01-20      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA IN 3.75% 04/15/27  | T-MOBILE USA INC REGD SER WI 3.75000000                                                        | CUSIP: 87264ABD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3415000 | PA      | $3379194.07    | 0.47%             | 2027-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NRZT 2018-3A A1 V/R 05/25/58    | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2018-3 SER 2018-3A CL A1 V/R REGD 144A P/P 4.50000000      | CUSIP: 64830KAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      78681 | PA      | $77016.55      | 0.01%             | 2058-05-25      | Variable      | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ANORI 2023- V/R 01/26/43 /EUR/  | FCT AUTONORIA DE 2023 SER 2023-DE CL B V/R REGD REG S /EUR/ 3.03900000                         | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | FR        |     135667 | PA      | $160334.68     | 0.02%             | 2043-01-26      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| CRVNA 2024-P1  5.05% 04/10/29   | CARVANA AUTO RECEIVABLES TRUST 2024-P1 SER 2024-P1 CL A3 REGD 144A P/P 5.05000000              | CUSIP: 14688NAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     900000 | PA      | $905190.84     | 0.13%             | 2029-04-10      | Fixed         | 5.05%                 | Yes           |                  2 | On Loan: No      |
| CBRE SERVICES  DISC 07/10/25    | CBRE SERVICES  DISC 07/10/25 0.00000000                                                        | CUSIP: 12610BUA8<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     900000 | PA      | $898812.45     | 0.12%             | 2025-07-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP 4.15% 07/15/27 | FIRSTENERGY CORP REGD SER B 3.90000000                                                         | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    2310000 | PA      | $2283898.06    | 0.32%             | 2027-07-15      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| STANDARD CHARTER 4.6% 01/15/26  | STANDARD CHARTERED BK NEW YORK  CTF OF DEPOSIT 4.60000000                                      | CUSIP: 85325VQK9<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    2395000 | PA      | $2396699.73    | 0.33%             | 2026-01-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD 4.25% 06/15/26    | AIRCASTLE LTD REGD 4.25000000                                                                  | CUSIP: 00928QAS0<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    1000000 | PA      | $995443.73     | 0.14%             | 2026-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AUTOF 2 A V/R 12/24/44 /EUR/    | AUTOFLORENCE 2 SRL SER 2 CL A V/R REGD REG S /EUR/ 2.59900000                                  | CUSIP: T0R388AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |     180562 | PA      | $212842.47     | 0.03%             | 2044-12-24      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| AMGEN INC 2.2% 02/21/27         | AMGEN INC REGD 2.20000000                                                                      | CUSIP: 031162CT5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |    1640000 | PA      | $1586359.88    | 0.22%             | 2027-02-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| AMXCA 2025-1 A 4.56% 12/15/27   | AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST SER 2025-1 CL A REGD 4.56000000                   | CUSIP: 02582JKM1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2210000 | PA      | $2237486.88    | 0.31%             | 2029-12-15      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BAN V/R 05/21/27  | GOLDMAN SACHS BANK USA REGD V/R 5.12483600                                                     | CUSIP: 38151LAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2005653.48    | 0.28%             | 2027-05-21      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| BPCE SA V/R 10/06/26            | BPCE SA REGD V/R P/P 1.65200000                                                                | CUSIP: 05583JAH5<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    1000000 | PA      | $991732.74     | 0.14%             | 2026-10-06      | Variable      | 1.65%                 | Yes           |                  2 | On Loan: No      |
| FHR 5548 AF V/R 06/25/55        | FREDDIE MAC REMICS SER 5548 CL AF V/R 5.30517000                                               | CUSIP: 3137HLJG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1489695 | PA      | $1493886.32    | 0.21%             | 2055-06-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP V/R 03/19/27    | NORDEA BANK ABP REGD V/R 144A P/P 5.14527500                                                   | CUSIP: 65558RAF6<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    1200000 | PA      | $1206036.00    | 0.17%             | 2027-03-19      | Variable      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| GCCT 2022-1A A 1.97% 01/15/27   | GOLDEN CREDIT CARD TRUST SER 2022-1A CL A REGD 144A P/P 1.97000000                             | CUSIP: 380881FE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | CA        |    1000000 | PA      | $965403.40     | 0.13%             | 2029-01-15      | Fixed         | 1.97%                 | Yes           |                  2 | On Loan: No      |
| ATHENE GLOBAL F 4.95% 01/07/27  | ATHENE GLOBAL FUNDING REGD 144A P/P 4.95000000                                                 | CUSIP: 04685A4E8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2013158.22    | 0.28%             | 2027-01-07      | Fixed         | 4.95%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY BA V/R 10/15/27  | MORGAN STANLEY BANK NA REGD V/R 5.03012900                                                     | CUSIP: 61690U8F0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2501354.83    | 0.35%             | 2027-10-15      | Variable      | 5.03%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 07/22/28  | BANK OF AMERICA CORP REGD V/R MTN 4.94800000                                                   | CUSIP: 06051GKW8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1445000 | PA      | $1461499.69    | 0.20%             | 2028-07-22      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| CARMX 2024-1 A2 5.3% 11/15/25   | CARMAX AUTO OWNER TRUST 2024-1 SER 2024-1 CL A2A REGD 5.30000000                               | CUSIP: 14318WAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     473316 | PA      | $473887.81     | 0.07%             | 2027-03-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 09/04/25          | UNITED STATES TREASURY BILL ZCP 0.00000000                                                     | CUSIP: 912797MH7<br>LEI: N/A                  | Long             | STIV             | UST               | US        |    5000000 | PA      | $4961564.25    | 0.69%             | 2025-09-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SAPP 2025-1 V/R 06/14/66 /AUD/  | SAPPHIRE XXXII SERIES 2025-1 TRUST SER 2025-1 CL A1L V/R REGD /AUD/ 4.83500000                 | CUSIP: Q7S04QAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | AU        |    1050000 | PA      | $688472.91     | 0.10%             | 2066-06-14      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| YOUIT 2024- V/R 03/25/29 /EUR/  | YOUNI ITALY 2024-1 SRL SER 2024-1 CL A V/R REGD REG S /EUR/ 2.76900000                         | CUSIP: T9846WAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |     373044 | PA      | $440480.90     | 0.06%             | 2034-04-25      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV V/R 10/13/26   | ABN AMRO BANK NV REGD V/R 144A P/P MTN 6.57500000                                              | CUSIP: 00084DBC3<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    1900000 | PA      | $1909818.27    | 0.27%             | 2026-10-13      | Variable      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| INV 2024-IND A V/R 11/15/26     | INV 2024-IND MORTGAGE TRUST SER 2024-IND CL A V/R REGD 144A P/P 6.05366000                     | CUSIP: 45000DAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     190000 | PA      | $189891.45     | 0.03%             | 2041-11-15      | Variable      | 6.05%                 | Yes           |                  2 | On Loan: No      |
| GNR 2021-H09 FG V/R 06/20/71    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2021-H09 CL FG V/R 5.80185000                     | CUSIP: 38380Q4V1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1321934 | PA      | $1349247.84    | 0.19%             | 2071-06-20      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| NALT 2024-B A3 4.92% 03/15/27   | NISSAN AUTO LEASE TRUST 2024-B SER 2024-B CL A3 REGD 4.92000000                                | CUSIP: 65481DAD4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     500000 | PA      | $505330.75     | 0.07%             | 2027-11-15      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GRO V/R 03/15/28  | GOLDMAN SACHS GROUP INC REGD V/R 3.61500000                                                    | CUSIP: 38141GZR8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2040000 | PA      | $2011465.21    | 0.28%             | 2028-03-15      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| SFAST 2025-2A  4.44% 01/22/29   | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2 SER 2025-2A CL A3 REGD 144A P/P 4.44000000         | CUSIP: 78398HAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     885000 | PA      | $891499.26     | 0.12%             | 2030-12-20      | Fixed         | 4.44%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORP 2.8% 04/01/27       | ORACLE CORP REGD 2.80000000                                                                    | CUSIP: 68389XBU8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1470000 | PA      | $1432864.26    | 0.20%             | 2027-04-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| CGCMT 2021-KEYS  V/R 10/15/23   | CITIGROUP COMMERCIAL MORTGAGE TRUST 2021-KEYS SER 2021-KEYS CL A V/R REGD 144A P/P 5.60648000  | CUSIP: 17291GAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     900000 | PA      | $894937.50     | 0.12%             | 2036-10-15      | Variable      | 5.61%                 | Yes           |                  2 | On Loan: No      |
| FORDL 2024-B A2B V/R 01/15/26   | FORD CREDIT AUTO LEASE TRUST 2024-B SER 2024-B CL A2B V/R REGD 4.70385000                      | CUSIP: 345279AC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     584326 | PA      | $584335.57     | 0.08%             | 2027-02-15      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/N 4.4% 06/01/27  | NXP BV/NXP FDG/NXP USA REGD 4.40000000                                                         | CUSIP: 62954HBE7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    1060000 | PA      | $1061578.90    | 0.15%             | 2027-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CRVNA 2023-P1  5.94% 07/12/27   | CARVANA AUTO RECEIVABLES TRUST 2023-P1 SER 2023-P1 CL A4 REGD 144A P/P 5.94000000              | CUSIP: 14688EAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1018513.90    | 0.14%             | 2029-01-10      | Fixed         | 5.94%                 | Yes           |                  2 | On Loan: No      |
| HART 2024-A A3 4.99% 02/15/29   | HYUNDAI AUTO RECEIVABLES TRUST 2024-A SER 2024-A CL A3 REGD 4.99000000                         | CUSIP: 448973AD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3197000 | PA      | $3225508.93    | 0.45%             | 2029-02-15      | Fixed         | 4.99%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDI 1.625% 04/27/26  | GLENCORE FUNDING LLC REGD 144A P/P 1.62500000                                                  | CUSIP: 378272BD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2900000 | PA      | $2834648.12    | 0.39%             | 2026-04-27      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| FNR 2025-16 FN V/R 01/25/55     | FANNIE MAE REMICS SER 2025-16 CL FN V/R 5.25517000                                             | CUSIP: 3136BU6A3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     759643 | PA      | $759975.63     | 0.11%             | 2055-01-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY V/R 07/13/27   | DEUTSCHE BANK NY REGD V/R 7.14600000                                                           | CUSIP: 25160PAN7<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    1100000 | PA      | $1127748.84    | 0.16%             | 2027-07-13      | Variable      | 7.15%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LL V/R 08/13/26  | BMW US CAPITAL LLC REGD V/R 144A P/P 5.16565000                                                | CUSIP: 05565ECN3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1900000 | PA      | $1907315.00    | 0.27%             | 2026-08-13      | Variable      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| UNITED OVERSEAS B V/R 04/02/28  | UNITED OVERSEAS BANK LTD REGD V/R 144A P/P MTN 4.92115100                                      | CUSIP: 91127KAL6<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |     900000 | PA      | $901369.56     | 0.13%             | 2028-04-02      | Variable      | 4.92%                 | Yes           |                  2 | On Loan: No      |
| HOLCIM FIN US L DISC 07/16/25   | HOLCIM FIN US L DISC 07/16/25 0.00000000                                                       | CUSIP: 43475FUG5<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    1800000 | PA      | $1796310.90    | 0.25%             | 2025-07-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ELFI 2021-A A 1.53% 12/26/46    | ELFI GRADUATE LOAN PROGRAM 2021-A LLC SER 2021-A CL A REGD 144A P/P 1.53000000                 | CUSIP: 28628BAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     544123 | PA      | $483618.90     | 0.07%             | 2046-12-26      | Fixed         | 1.53%                 | Yes           |                  2 | On Loan: No      |
| SFAST 2024-2A  5.33% 11/20/29   | SFS AUTO RECEIVABLES SECURITIZATION TRUST 2 SER 2024-2A CL A3 REGD 144A P/P 5.33000000         | CUSIP: 78397XAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1012048.60    | 0.14%             | 2029-11-20      | Fixed         | 5.33%                 | Yes           |                  2 | On Loan: No      |
| N/A                             | CAD/USD FWD 20250702 000010428 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $19.12         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP  V/R 03/20/26  | VOLKSWAGEN GROUP AMERICA REGD V/R 144A P/P 5.23564200                                          | CUSIP: 928668CD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     500000 | PA      | $500063.16     | 0.07%             | 2026-03-20      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| CREDIT AGRICOLE S V/R 03/11/27  | CREDIT AGRICOLE SA REGD V/R REG S 5.26615400                                                   | CUSIP: 22535EAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |     500000 | PA      | $500843.18     | 0.07%             | 2027-03-11      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FI 4.9% 01/09/26  | MERCEDES-BENZ FIN NA REGD 144A P/P 4.90000000                                                  | CUSIP: 58769JAP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2080000 | PA      | $2083682.08    | 0.29%             | 2026-01-09      | Fixed         | 4.90%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK LIFE G 5.45% 09/18/26  | NEW YORK LIFE GLOBAL FDG REGD 144A P/P MTN 5.45000000                                          | CUSIP: 64953BBF4<br>LEI: 635400DPNHEAUHB7ZI15 | Long             | DBT              | CORP              | US        |    3790000 | PA      | $3845555.45    | 0.53%             | 2026-09-18      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| AT&T INC 1.7% 03/25/26          | AT&T INC REGD 1.70000000                                                                       | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1610000 | PA      | $1577728.18    | 0.22%             | 2026-03-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| SBALT 2024-B A 5.56% 09/21/26   | SBNA AUTO LEASE TRUST 2024-B SER 2024-B CL A3 REGD 144A P/P 5.56000000                         | CUSIP: 78437VAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1008269.10    | 0.14%             | 2027-11-22      | Fixed         | 5.56%                 | Yes           |                  2 | On Loan: No      |
| DELL INT LLC /  6.02% 06/15/26  | DELL INT LLC / EMC CORP REGD 6.02000000                                                        | CUSIP: 24703TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1009655.97    | 0.14%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| LUX 2023-LION A V/R 08/15/25    | LUX 2023-LION SER 2023-LION CL A V/R REGD 144A P/P 7.00178000                                  | CUSIP: 55067LAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     185107 | PA      | $186332.13     | 0.03%             | 2040-08-15      | Variable      | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ABN AMRO BANK NV V/R 12/03/28   | ABN AMRO BANK NV REGD V/R 144A P/P 5.38748200                                                  | CUSIP: 00084DBE9<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |     300000 | PA      | $299815.54     | 0.04%             | 2028-12-03      | Variable      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| GNR 2024-H01 FB V/R 01/20/74    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2024-H01 CL FB V/R 5.20185000                     | CUSIP: 38383KNN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     964605 | PA      | $967095.91     | 0.13%             | 2074-01-20      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY V/R 04/12/29     | MORGAN STANLEY REGD V/R SER . 4.99400000                                                       | CUSIP: 61747YFY6<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     345000 | PA      | $349961.96     | 0.05%             | 2029-04-12      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| CIART 2023- V/R 12/15/32 /EUR/  | CITIZEN IRISH AUTO RECEIVABLES TRUST  SER 2023-1 CL A V/R REGD REG S /EUR/ 2.74200000          | CUSIP: G215B3AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     211982 | PA      | $250019.72     | 0.03%             | 2032-12-15      | Variable      | 2.74%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDI 4.9% 06/01/26  | SOUTHERN CAL EDISON REGD 4.90000000                                                            | CUSIP: 842400HW6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     800000 | PA      | $800650.37     | 0.11%             | 2026-06-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| BX 2024-BRBK A V/R 10/15/26     | BX COMMERCIAL MORTGAGE TRUST 2024-BRBK SER 2024-BRBK CL A V/R REGD 144A P/P 7.19334000         | CUSIP: 05613NAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     241331 | PA      | $242836.28     | 0.03%             | 2041-10-15      | Variable      | 7.19%                 | Yes           |                  2 | On Loan: No      |
| VZMT 2025-1 A 4.71% 01/20/28    | VERIZON MASTER TRUST SER 2025-1 CL A REGD 4.71000000                                           | CUSIP: 92348KDR1<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-CBDO         | CORP              | US        |    1500000 | PA      | $1522891.20    | 0.21%             | 2031-01-21      | Fixed         | 4.71%                 | No            |                  2 | On Loan: No      |
| SMB 2021-A APL V/R 01/15/53     | SMB PRIVATE EDUCATION LOAN TRUST 2021-A SER 2021-A CL APL V/R REGD 144A P/P 5.15624000         | CUSIP: 78448YAM3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     142197 | PA      | $141044.03     | 0.02%             | 2053-01-15      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| DBS GROUP HOLDING V/R 03/21/28  | DBS GROUP HOLDINGS LTD REGD V/R 144A P/P MTN 5.00168700                                        | CUSIP: 24023KAM0<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |     700000 | PA      | $701222.47     | 0.10%             | 2028-03-21      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HSBC USA INC DISC     07/25/25  | HSBC USA INC DISC     07/25/25 0.00000000                                                      | CUSIP: 40434PUR5<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    2500000 | PA      | $2492349.25    | 0.35%             | 2025-07-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ARTHUR J GALLAGH 4.6% 12/15/27  | ARTHUR J GALLAGHER & CO REGD 4.60000000                                                        | CUSIP: 04316JAK5<br>LEI: 54930049QLLMPART6V29 | Long             | DBT              | CORP              | US        |     885000 | PA      | $891461.67     | 0.12%             | 2027-12-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| HILL 2024-1 V/R 02/18/32 /EUR/  | HILL FL 2024-1BV SER 2024-1FL CL B V/R REGD REG S /EUR/ 3.01100000                             | CUSIP: N40578AB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | NL        |     173428 | PA      | $204534.45     | 0.03%             | 2032-02-18      | Variable      | 3.01%                 | No            |                  2 | On Loan: No      |
| CCCIT 2023-A1  5.23% 12/08/25   | CITIBANK CREDIT CARD ISSUANCE TRUST SER 2023-A1 CL A1 REGD 5.23000000                          | CUSIP: 17305EGW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1600000 | PA      | $1604799.04    | 0.22%             | 2027-12-08      | Fixed         | 5.23%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BA V/R 10/15/27  | MORGAN STANLEY BANK NA REGD V/R 4.44700000                                                     | CUSIP: 61690U8G8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1010000 | PA      | $1011028.07    | 0.14%             | 2027-10-15      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| RNBAG 10 B V/R 12/15/27 /EUR/   | RED & BLACK AUTO GERMANY 10 UG SER 10 CL B V/R REGD REG S /EUR/ 3.09200000                     | CUSIP: D6S2VZAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |      79281 | PA      | $93621.70      | 0.01%             | 2032-09-15      | Variable      | 3.09%                 | No            |                  2 | On Loan: No      |
| HOLCIM FIN US DISC 07/15/25     | HOLCIM FIN US DISC 07/15/25 0.00000000                                                         | CUSIP: 43475FUF7<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     300000 | PA      | $299424.03     | 0.04%             | 2025-07-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| NAVSL 2020-A A2B V/R 07/15/28   | NAVIENT PRIVATE EDUCATION LOAN TRUST 2020-A SER 2020-A CL A2B V/R REGD 144A P/P 5.32624000     | CUSIP: 63941FAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1010709 | PA      | $1007799.32    | 0.14%             | 2068-11-15      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| IMPERIAL BRANDS  3.5% 07/26/26  | IMPERIAL BRANDS FIN PLC REGD 144A P/P 3.50000000                                               | CUSIP: 45262BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     800000 | PA      | $790460.84     | 0.11%             | 2026-07-26      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| NRZT 2019-NQM5 A V/R 11/25/59   | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2019-NQM5 SER 2019-NQM5 CL A1 V/R REGD 144A P/P 2.70986000 | CUSIP: 64830PAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     214262 | PA      | $203237.42     | 0.03%             | 2059-11-25      | Variable      | 2.71%                 | Yes           |                  2 | On Loan: No      |
| GMALT 2025-1 A 4.54% 09/20/26   | GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1 SER 2025-1 CL A2A REGD 4.54000000                 | CUSIP: 36271VAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2000000 | PA      | $2002418.60    | 0.28%             | 2027-05-20      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-BHAR A V/R 11/15/23   | CSMC 2021-BHAR SER 2021-BHAR CL A V/R REGD 144A P/P 5.57648000                                 | CUSIP: 12659VAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     698500 | PA      | $695880.63     | 0.10%             | 2038-11-15      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| CARMX 2025-1 A 4.84% 10/15/28   | CARMAX AUTO OWNER TRUST 2025-1 SER 2025-1 CL A3 REGD 4.84000000                                | CUSIP: 14319WAD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     500000 | PA      | $506640.10     | 0.07%             | 2030-01-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| SMB 2022-D A1B V/R 10/15/58     | SMB PRIVATE EDUCATION LOAN TRUST 2022-D SER 2022-D CL A1B V/R REGD 144A P/P 6.10385000         | CUSIP: 78454XAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1756137 | PA      | $1786690.61    | 0.25%             | 2058-10-15      | Variable      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| FHR 5549 FA V/R 06/25/55        | FREDDIE MAC REMICS SER 5549 CL FA V/R 5.55517000                                               | CUSIP: 3137HLST0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1388575 | PA      | $1394194.03    | 0.19%             | 2055-06-25      | Variable      | 5.56%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CAN V/R 07/20/26  | ROYAL BANK OF CANADA REGD V/R MTN SER GMTN 5.42910600                                          | CUSIP: 78016HZR4<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    2000000 | PA      | $2017744.72    | 0.28%             | 2026-07-20      | Variable      | 5.43%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC 3.15% 11/15/25     | BROADCOM INC REGD 3.15000000                                                                   | CUSIP: 11135FBB6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    3375000 | PA      | $3357244.50    | 0.47%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| FNR 2025-1 FD V/R 02/25/55      | FANNIE MAE REMICS SER 2025-1 CL FD V/R 5.50517000                                              | CUSIP: 3136BUZM5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     359759 | PA      | $360477.64     | 0.05%             | 2055-02-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GR V/R 08/07/27  | LLOYDS BANKING GROUP PLC REGD V/R 5.91978100                                                   | CUSIP: 53944YAW3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     800000 | PA      | $806211.10     | 0.11%             | 2027-08-07      | Variable      | 5.92%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE S V/R 03/11/27  | CREDIT AGRICOLE SA REGD V/R 144A P/P 5.26615400                                                | CUSIP: 22534PAJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    1400000 | PA      | $1402360.90    | 0.19%             | 2027-03-11      | Variable      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CO 5.113% 08/01/27     | SOUTHERN CO REGD 5.11300000                                                                    | CUSIP: 842587DD6<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    1105000 | PA      | $1121195.43    | 0.16%             | 2027-08-01      | Variable      | 5.11%                 | No            |                  2 | On Loan: No      |
| HART 2023-A A3 4.58% 04/15/27   | HYUNDAI AUTO RECEIVABLES TRUST 2023-A SER 2023-A CL A3 REGD 4.58000000                         | CUSIP: 448979AD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     259712 | PA      | $259762.74     | 0.04%             | 2027-04-15      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CRE 4.134% 08/04/25  | FORD MOTOR CREDIT CO LLC REGD 4.13400000                                                       | CUSIP: 345397XL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $199789.80     | 0.03%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-RPL4 A V/R 12/27/60   | CSMC 2021-RPL4 TRUST SER 2021-RPL4 CL A1 V/R REGD 144A P/P 4.11860000                          | CUSIP: 12662GAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     241716 | PA      | $240735.96     | 0.03%             | 2060-12-27      | Variable      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MCCT 2023-1A A 4.7% 12/21/25    | MASTER CREDIT CARD TRUST II SER 2023-1A CL A REGD 144A P/P 4.70000000                          | CUSIP: 576339DF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | CA        |     600000 | PA      | $600149.76     | 0.08%             | 2027-06-21      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| TLOT 2025-A A2 4.58% 12/21/26   | TOYOTA LEASE OWNER TRUST 2025-A SER 2025-A CL A2A REGD 144A P/P 4.58000000                     | CUSIP: 89239NAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2000000 | PA      | $2004717.00    | 0.28%             | 2027-07-20      | Fixed         | 4.58%                 | Yes           |                  2 | On Loan: No      |
| VISCI 2022- V/R 02/27/33 /EUR/  | VITA SCIENTIA 2022-1 DAC SER 2022-1X CL A V/R REGD REG S /EUR/ 3.34900000                      | CUSIP: G937DZAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     999772 | PA      | $1173393.23    | 0.16%             | 2033-02-27      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| GMCAR 2023-2 A 4.47% 02/16/28   | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-2 SER 2023-2 CL A3 REGD 4.47000000     | CUSIP: 362583AD8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     304738 | PA      | $304657.75     | 0.04%             | 2028-02-16      | Fixed         | 4.47%                 | No            |                  2 | On Loan: No      |
| FNR 2018-82 W V/R 11/25/58      | FANNIE MAE REMICS SER 2018-82 CL W V/R 6.61018000                                              | CUSIP: 3136B3NP1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     182616 | PA      | $188186.09     | 0.03%             | 2058-11-25      | Variable      | 6.61%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & E 2.95% 03/01/26  | PACIFIC GAS & ELECTRIC REGD 2.95000000                                                         | CUSIP: 694308HP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1480231.05    | 0.21%             | 2026-03-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDING V/R 05/31/27  | SANTANDER HOLDINGS USA REGD V/R 6.12400000                                                     | CUSIP: 80282KBK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     765000 | PA      | $773571.04     | 0.11%             | 2027-05-31      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPER 4.876% 01/14/30  | CANADIAN IMPERIAL BANK REGD 144A P/P 4.87600000                                                | CUSIP: 13607PVU5<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    1000000 | PA      | $1032066.42    | 0.14%             | 2030-01-14      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| FHR 5499 FH V/R 02/25/55        | FREDDIE MAC REMICS SER 5499 CL FH V/R 5.50517000                                               | CUSIP: 3137HJWY9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     355367 | PA      | $356097.19     | 0.05%             | 2055-02-25      | Variable      | 5.51%                 | No            |                  2 | On Loan: No      |
| US TIPS 2.125% 04/15/29         | UNITED STATES TREASURY INFLATION INDEXED BONDS 2.12500000                                      | CUSIP: 91282CKL4<br>LEI: N/A                  | Long             | DBT              | UST               | US        |    1306796 | PA      | $1341969.18    | 0.19%             | 2029-04-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| VZMT 2024-6 A1B V/R 08/20/27    | VERIZON MASTER TRUST SER 2024-6 CL A1B V/R REGD 4.97185000                                     | CUSIP: 92348KDF7<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1004483.10    | 0.14%             | 2030-08-20      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| FHR 5532 FA V/R 04/25/55        | FREDDIE MAC REMICS SER 5532 CL FA V/R 5.25517000                                               | CUSIP: 3137HKPJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1526706 | PA      | $1522879.14    | 0.21%             | 2055-04-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| HCA INC 5.375% 09/01/26         | HCA INC REGD 5.37500000                                                                        | CUSIP: 404121AH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2009892.62    | 0.28%             | 2026-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TAOT 2023-A A3 4.63% 05/15/26   | TOYOTA AUTO RECEIVABLES 2023-A OWNER TRUST SER 2023-A CL A3 REGD 4.63000000                    | CUSIP: 891940AC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     125477 | PA      | $125529.52     | 0.02%             | 2027-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA 4.929% 08/06/26     | CITIBANK NA REGD 4.92900000                                                                    | CUSIP: 17325FBJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     625000 | PA      | $629240.96     | 0.09%             | 2026-08-06      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| AUTOF 3 B V/R 12/25/46 /EUR/    | AUTOFLORENCE 3 SRL SER 3 CL B V/R REGD REG S /EUR/ 4.22100000                                  | CUSIP: T0R38AAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |      62348 | PA      | $74532.75      | 0.01%             | 2046-12-25      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| PPSI 2005-WCW2 M V/R 07/25/35   | PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUG SER 2005-WCW2 CL M2 V/R REGD 5.22868000     | CUSIP: 70069FLH8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |       7597 | PA      | $7587.00       | 0.00%             | 2035-07-25      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| TCCT 2023-3A A V/R 08/26/25     | TRILLIUM CREDIT CARD TRUST II SER 2023-3A CL A V/R REGD 144A P/P 5.13659600                    | CUSIP: 89621ABT5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | CA        |    1700000 | PA      | $1701190.00    | 0.24%             | 2028-08-26      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| GNR 2015-H04 FA V/R 12/20/64    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2015-H04 CL FA V/R 5.09602000                     | CUSIP: 38378U8L4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     609575 | PA      | $609863.03     | 0.08%             | 2064-12-20      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| ROCHE HOLDINGS 2.625% 05/15/26  | ROCHE HOLDINGS INC REGD 144A P/P 2.62500000                                                    | CUSIP: 771196BK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1866000 | PA      | $1841448.74    | 0.26%             | 2026-05-15      | Fixed         | 2.62%                 | Yes           |                  2 | On Loan: No      |
| ING BANK (AU V/R 12/08/25/AUD/  | ING BANK (AUSTRALIA) LTD /AUD/ REGD V/R 4.69520000                                             | CUSIP: Q4R128LM3<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |     700000 | PA      | $461976.52     | 0.06%             | 2025-12-08      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC 5.05% 07/12/27     | BROADCOM INC REGD 5.05000000                                                                   | CUSIP: 11135FBZ3<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1165000 | PA      | $1181374.39    | 0.16%             | 2027-07-12      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FNR 2025-18 FM V/R 09/25/54     | FANNIE MAE REMICS SER 2025-18 CL FM V/R 5.20517000                                             | CUSIP: 3136BVKH0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    3786452 | PA      | $3771717.12    | 0.52%             | 2054-09-25      | Variable      | 5.21%                 | No            |                  2 | On Loan: No      |
| OSCAR 2024-2A  4.63% 11/10/26   | OSCAR US FUNDING XVII LLC SER 2024-2A CL A2 REGD 144A P/P 4.63000000                           | CUSIP: 68784BAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     829430 | PA      | $828241.59     | 0.12%             | 2027-12-10      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| RNBAI 2 B V/R 02/28/28 /EUR/    | RED & BLACK AUTO ITALY SRL SER 2 CL B V/R REGD REG S /EUR/ 3.72900000                          | CUSIP: T7S2BUAH4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |      88233 | PA      | $104875.09     | 0.01%             | 2034-07-28      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| BLCON 2024- V/R 03/25/27 /EUR/  | COMPARTMENT BL CONSUMER CREDIT 2024 SER 2024-1 CL B V/R REGD /EUR/ 2.77100000                  | CUSIP: L1089JAK3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |     292000 | PA      | $344687.15     | 0.05%             | 2041-09-25      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| PNC BANK NA V/R 01/15/27        | PNC BANK NA REGD V/R SER BKNT 4.77500000                                                       | CUSIP: 69353RFX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2003167.82    | 0.28%             | 2027-01-15      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| FHR 5508 FC V/R 02/25/55        | FREDDIE MAC REMICS SER 5508 CL FC V/R 5.30517000                                               | CUSIP: 3137HJGF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     747687 | PA      | $748231.08     | 0.10%             | 2055-02-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 09/15/27  | BANK OF AMERICA CORP REGD V/R 5.93300000                                                       | CUSIP: 06051GLV9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    4360000 | PA      | $4435773.22    | 0.62%             | 2027-09-15      | Variable      | 5.93%                 | No            |                  2 | On Loan: No      |
| NAVSL 2019-BA A2 V/R 02/15/28   | NAVIENT STUDENT LOAN TRUST 2019-B SER 2019-BA CL A2B V/R REGD 144A P/P 5.40624000              | CUSIP: 63941LAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     117345 | PA      | $117114.80     | 0.02%             | 2059-12-15      | Variable      | 5.41%                 | Yes           |                  2 | On Loan: No      |
| KCOT 2025-1A A 4.61% 03/15/27   | KUBOTA CREDIT OWNER TRUST 2025-1 SER 2025-1A CL A2 REGD 144A P/P 4.61000000                    | CUSIP: 50117FAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     296000 | PA      | $296810.57     | 0.04%             | 2027-12-15      | Fixed         | 4.61%                 | Yes           |                  2 | On Loan: No      |
| NAVSL 2019-GA A 2.4% 05/15/28   | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-G SER 2019-GA CL A REGD 144A P/P 2.40000000     | CUSIP: 63941JAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      83715 | PA      | $80738.32      | 0.01%             | 2068-10-15      | Fixed         | 2.40%                 | Yes           |                  2 | On Loan: No      |
| NAVSL 2020-IA A1 V/R 12/15/29   | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2 SER 2020-IA CL A1B V/R REGD 144A P/P 5.42624000    | CUSIP: 63942AAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     116510 | PA      | $115886.30     | 0.02%             | 2069-04-15      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| CANADIAN IMPERIAL V/R 01/13/28  | CANADIAN IMPERIAL BANK REGD V/R 5.06490600                                                     | CUSIP: 13607PVR2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    1000000 | PA      | $999111.75     | 0.14%             | 2028-01-13      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP 0.9% 09/15/25  | DUKE ENERGY CORP REGD 0.90000000                                                               | CUSIP: 26441CBJ3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    4475000 | PA      | $4438604.83    | 0.62%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| F/C US 2YR NOTE (CBT) SEP25     | FUTURE CONTRACT ON           US 2YR NOTE (CBT) SEP25 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |       -544 | NC      | $-113164750.27 | -15.72%           |  |  |  | No            |                  1 | On Loan: No      |
| AIRCASTLE LTD 5.25% 08/11/25    | AIRCASTLE LTD REGD 144A P/P 5.25000000                                                         | CUSIP: 00928QAT8<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |     800000 | PA      | $799930.89     | 0.11%             | 2025-08-11      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NEXTERA ENERGY  4.85% 02/04/28  | NEXTERA ENERGY CAPITAL REGD 4.85000000                                                         | CUSIP: 65339KDG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     865000 | PA      | $876788.20     | 0.12%             | 2028-02-04      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| HALST 2025-B A 4.58% 12/15/26   | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2 SER 2025-B CL A2A REGD 144A P/P 4.58000000           | CUSIP: 44935DAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1100000 | PA      | $1103692.15    | 0.15%             | 2027-09-15      | Fixed         | 4.58%                 | Yes           |                  2 | On Loan: No      |
| N/A                             | JPY/USD FWD 20250714 000009605 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $120373.13     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICA 3.2% 03/15/27  | ROGERS COMMUNICATIONS IN REGD 3.20000000                                                       | CUSIP: 775109CG4<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    2210000 | PA      | $2166568.53    | 0.30%             | 2027-03-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK LT 4.34% 03/13/26_  | MIZUHO BK LTD NEW YORK BRH____  INSTL CTF OF DEPOSIT 4.34000000                                | CUSIP: 60710TH20<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    4000000 | PA      | $3998223.60    | 0.56%             | 2026-03-13      | Fixed         | 4.34%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / E 4.9% 10/01/26  | DELL INT LLC / EMC CORP REGD 4.90000000                                                        | CUSIP: 24703TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1607065.02    | 0.22%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| CARD2 2023-2A A V/R 07/15/25    | CARDS II TRUST SER 2023-2A CL A V/R REGD 144A P/P 5.14092300                                   | CUSIP: 14161GCF5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | CA        |    1100000 | PA      | $1100157.30    | 0.15%             | 2028-07-15      | Variable      | 5.14%                 | Yes           |                  2 | On Loan: No      |
| REVOC 2024- V/R 02/21/37 /EUR/  | REVOCAR 2024-1 UG SER 2024-1 CL A V/R REGD REG S /EUR/ 2.43600000                              | CUSIP: D6S680AA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |     438998 | PA      | $517221.09     | 0.07%             | 2037-02-21      | Variable      | 2.44%                 | No            |                  2 | On Loan: No      |
| CHENIERE CORP  5.125% 06/30/27  | CHENIERE CORP CHRISTI HD REGD 5.12500000                                                       | CUSIP: 16412XAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2850000 | PA      | $2876427.25    | 0.40%             | 2027-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ELM 2024-ELM A10 V/R 06/10/27   | ELM TRUST 2024-ELM SER 2024-ELM CL A10 V/R REGD 144A P/P 5.99423200                            | CUSIP: 26860XAU5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     800000 | PA      | $808349.84     | 0.11%             | 2039-06-10      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER UK GROU V/R 11/21/26  | SANTANDER UK GROUP HLDGS REGD V/R 6.83300000                                                   | CUSIP: 80281LAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    1000000 | PA      | $1008203.35    | 0.14%             | 2026-11-21      | Variable      | 6.83%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 02/19/26          | UNITED STATES TREASURY BILL ZCP 0.00000000                                                     | CUSIP: 912797PM3<br>LEI: N/A                  | Long             | STIV             | UST               | US        |    5750000 | PA      | $5603933.15    | 0.78%             | 2026-02-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CFCRE 2016-C4 3.091% 09/10/25   | CFCRE COMMERCIAL MORTGAGE TRUST 2016-C4 SER 2016-C4 CL ASB REGD 3.09100000                     | CUSIP: 12531YAL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      66120 | PA      | $66004.87      | 0.01%             | 2058-05-10      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| NATIXIS N Y BRH 4.4% 01/26/26   | NATIXIS N Y BRH INSTL_________  CTF OF DEPOSIT 4.40000000                                      | CUSIP: 63873TBJ6<br>LEI: N/A                  | Long             | STIV             | CORP              | FR        |    5000000 | PA      | $4999739.50    | 0.69%             | 2026-01-26      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| ANORI 2022- V/R 01/25/40 /EUR/  | AUTONORIA SPAIN 2022 FT SER 2022-SP CL A V/R REGD REG S /EUR/ 2.72900000                       | CUSIP: E7827FAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | ES        |     369445 | PA      | $436708.66     | 0.06%             | 2040-01-25      | Variable      | 2.73%                 | No            |                  2 | On Loan: No      |
| TAOT 2022-C A3 3.76% 12/15/25   | TOYOTA AUTO RECEIVABLES 2022-C OWNER TRUST SER 2022-C CL A3 REGD 3.76000000                    | CUSIP: 89231CAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     323349 | PA      | $322372.90     | 0.04%             | 2027-04-15      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNAT 5.125% 01/13/28  | SAUDI INTERNATIONAL BOND REGD 144A P/P 5.12500000                                              | CUSIP: 80413TBJ7<br>LEI: N/A                  | Long             | DBT              | USGA              | SA        |    2000000 | PA      | $2031548.52    | 0.28%             | 2028-01-13      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| SOUTHERN CAL EDI 4.4% 09/06/26  | SOUTHERN CAL EDISON REGD 4.40000000                                                            | CUSIP: 842400JF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1195000 | PA      | $1192771.17    | 0.17%             | 2026-09-06      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI F V/R 07/13/26  | SUMITOMO MITSUI FINL GRP REGD V/R 5.64468400                                                   | CUSIP: 86562MCZ1<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |     400000 | PA      | $403877.42     | 0.06%             | 2026-07-13      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| MTN 2022-LPFL A V/R 03/15/27    | MTN COMMERCIAL MORTGAGE TRUST 2022-LPFL SER 2022-LPFL CL A V/R REGD 144A P/P 5.71690000        | CUSIP: 62475WAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1100000 | PA      | $1099312.50    | 0.15%             | 2039-03-15      | Variable      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| MF1 2021-W10 A V/R 12/15/24     | MF1 2021-W10X SER 2021-W10 CL A V/R REGD 144A P/P 5.38232700                                   | CUSIP: 55284DAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1130000 | PA      | $1126782.44    | 0.16%             | 2034-12-15      | Variable      | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CENT 2023-CITY A V/R 09/15/28   | CENT TRUST 2023-CITY SER 2023-CITY CL A V/R REGD 144A P/P 6.93176000                           | CUSIP: 12516WAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     410000 | PA      | $410509.59     | 0.06%             | 2038-09-15      | Variable      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| PRDGY 2021-1A A V/R 07/25/51    | PRODIGY FINANCE CM2021-1 DAC SER 2021-1A CL A V/R REGD P/P 5.68368000                          | CUSIP: 742855AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |      34868 | PA      | $34834.65      | 0.00%             | 2051-07-25      | Variable      | 5.68%                 | No            |                  2 | On Loan: No      |
| FNR 2025-18 FA V/R 11/25/53     | FANNIE MAE REMICS SER 2025-18 CL FA V/R 5.25517000                                             | CUSIP: 3136BU7K0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     743996 | PA      | $744967.80     | 0.10%             | 2053-11-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| BAY 2025-LIVN A V/R 05/15/27    | BAY 2025-LIVN MORTGAGE TRUST SER 2025-LIVN CL A V/R REGD 144A P/P 6.11200000                   | CUSIP: 072925AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     514000 | PA      | $514415.16     | 0.07%             | 2035-05-15      | Variable      | 6.11%                 | Yes           |                  2 | On Loan: No      |
| FHR 5534 FM V/R 05/25/55        | FREDDIE MAC REMICS SER 5534 CL FM V/R 5.23517000                                               | CUSIP: 3137HLEP3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1364505 | PA      | $1363567.62    | 0.19%             | 2055-05-25      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS  4.5% 06/30/28  | IMPERIAL BRANDS FIN PLC REGD 144A P/P 4.50000000                                               | CUSIP: 45262BAJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     200000 | PA      | $199944.97     | 0.03%             | 2028-06-30      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SMB 2021-A A2A1 V/R 01/15/53    | SMB PRIVATE EDUCATION LOAN TRUST 2021-A SER 2021-A CL A2A1 V/R REGD 144A P/P 5.15624000        | CUSIP: 78448YAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1296054 | PA      | $1288592.87    | 0.18%             | 2053-01-15      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| FNR 2022-8 D 2% 08/25/38        | FANNIE MAE REMICS SER 2022-8 CL D 2.00000000                                                   | CUSIP: 3136BLW30<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     921590 | PA      | $860732.31     | 0.12%             | 2038-08-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CORP 4.7% 04/02/27  | BAT CAPITAL CORP REGD 4.70000000                                                               | CUSIP: 05526DBP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2750000 | PA      | $2762876.74    | 0.38%             | 2027-04-02      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| CARMX 2024-1 A 4.92% 07/15/27   | CARMAX AUTO OWNER TRUST 2024-1 SER 2024-1 CL A3 REGD 4.92000000                                | CUSIP: 14318WAD9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     474000 | PA      | $476909.70     | 0.07%             | 2028-10-16      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| F/C US 5YR NOTE (CBT) SEP25     | FUTURE CONTRACT ON           US 5YR NOTE (CBT) SEP25 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |       1029 | NC      | $112161000.00  | 15.58%            |  |  |  | No            |                  1 | On Loan: No      |
| ALIMENTATION COUC DISC 7/30/25  | ALIMENTATION COUCHE-TARD INC__  DISCOUNT COMMERCIAL PAPER 0.00000000                           | CUSIP: 01626UUW3<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |    1300000 | PA      | $1294919.21    | 0.18%             | 2025-07-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AVON 4A A V/R 09/28/26 /GBP/    | AVON FINANCE SER 4A CL A V/R REGD 144A P/P /GBP/ 5.26115000                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | GB        |     592267 | PA      | $814430.94     | 0.11%             | 2049-12-28      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| NORTHROP GRUMMA 3.25% 01/15/28  | NORTHROP GRUMMAN CORP REGD 3.25000000                                                          | CUSIP: 666807BN1<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |     745000 | PA      | $727716.18     | 0.10%             | 2028-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| TESLA 2024-A A 5.37% 09/20/25   | TESLA AUTO LEASE TRUST 2024-A SER 2024-A CL A2A REGD 144A P/P 5.37000000                       | CUSIP: 88166VAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     162969 | PA      | $163053.47     | 0.02%             | 2026-06-22      | Fixed         | 5.37%                 | Yes           |                  2 | On Loan: No      |
| GLENCORE FUNDI 3.875% 10/27/27  | GLENCORE FUNDING LLC REGD 144A P/P 3.87500000                                                  | CUSIP: 378272AQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     747000 | PA      | $737329.22     | 0.10%             | 2027-10-27      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| PROTECTIVE LIF 4.335% 09/13/27  | PROTECTIVE LIFE GLOBAL REGD 144A P/P 4.33500000                                                | CUSIP: 74368CBZ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1320000 | PA      | $1319914.82    | 0.18%             | 2027-09-13      | Fixed         | 4.33%                 | Yes           |                  2 | On Loan: No      |
| PROGS 2020- V/R 11/21/25 /AUD/  | PROGRESS 2020-1 TRUST SER 2020-1 CL A V/R REGD /AUD/ 4.69250000                                | CUSIP: Q7S0C5AA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | AU        |     288304 | PA      | $189906.49     | 0.03%             | 2051-01-21      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CRE 4.8% 01/05/26  | TOYOTA MOTOR CREDIT CORP REGD MTN 4.80000000                                                   | CUSIP: 89236TLJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3265000 | PA      | $3272939.70    | 0.45%             | 2026-01-05      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GNR 2023-H02 FA V/R 01/20/73    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2023-H02 CL FA V/R 5.20185000                     | CUSIP: 38382YN82<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     487019 | PA      | $487347.35     | 0.07%             | 2073-01-20      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| MUFG BANK L V/R 02/17/26 /AUD/  | MUFG BANK LTD SYDNEY VARIABLE_  SER TCD /AUD/ CTF OF DEPOSIT 4.67760000                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | JP        |     800000 | PA      | $528141.65     | 0.07%             | 2026-02-17      | Variable      | 4.68%                 | No            |                  2 | On Loan: No      |
| TPMT 2019-HY2 A1 V/R 05/25/58   | TOWD POINT MORTGAGE TRUST 2019-HY2 SER 2019-HY2 CL A1 V/R REGD 144A P/P 5.43368000             | CUSIP: 89177HAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     152207 | PA      | $155739.96     | 0.02%             | 2058-05-25      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY V/R 04/13/28     | MORGAN STANLEY REGD V/R MTN 5.65200000                                                         | CUSIP: 61747YFP5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    2165000 | PA      | $2212805.75    | 0.31%             | 2028-04-13      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CO 5.104% 07/02/27  | NTT FINANCE CORP REGD 144A P/P 5.10400000                                                      | CUSIP: 62954WAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    1100000 | PA      | $1114957.28    | 0.15%             | 2027-07-02      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| N/A                             | GBP/USD FWD 20250702 000011553 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-26695.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG V/R 12/22/27       | UBS GROUP AG REGD V/R 144A P/P 6.32700000                                                      | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    1435000 | PA      | $1473331.69    | 0.20%             | 2027-12-22      | Variable      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| ABBVIE INC      0.00% 07/07/25  | ABBVIE INC      0.00% 07/07/25 0.00000000                                                      | CUSIP: 00287BU72<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     300000 | PA      | $299732.82     | 0.04%             | 2025-07-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINAN V/R 11/02/27  | CAPITAL ONE FINANCIAL CO REGD V/R 1.87800000                                                   | CUSIP: 14040HCH6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    2115000 | PA      | $2042709.55    | 0.28%             | 2027-11-02      | Variable      | 1.88%                 | No            |                  2 | On Loan: No      |
| SHINHAN BANK V/R 11/16/25/AUD/  | SHINHAN BANK /AUD/ REGD V/R REG S 5.74720000                                                   | CUSIP: Q8500VAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | KR        |    3000000 | PA      | $1985526.56    | 0.28%             | 2025-11-16      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| SREIT 2021-IND A V/R 10/15/23   | SREIT TRUST 2021-IND SER 2021-IND CL A V/R REGD 144A P/P 5.12648000                            | CUSIP: 78473JAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     900000 | PA      | $897204.51     | 0.12%             | 2038-10-15      | Variable      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CRE 3.375% 11/13/25  | FORD MOTOR CREDIT CO LLC REGD 3.37500000                                                       | CUSIP: 345397B28<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2245000 | PA      | $2230003.56    | 0.31%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH  1.5% 03/15/26  | ELEVANCE HEALTH INC REGD 1.50000000                                                            | CUSIP: 036752AR4<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    1875000 | PA      | $1835289.08    | 0.26%             | 2026-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FASTR 20 3.724% 06/15/27 /CAD/  | FORD AUTO SECURITIZATION TRUST II SER 2024-BA CL A2 REGD 144A P/P /CAD/ 3.72400000             | CUSIP: 345214BT6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | CA        |    2000000 | PA      | $1477710.30    | 0.21%             | 2028-11-15      | Fixed         | 3.72%                 | Yes           |                  2 | On Loan: No      |
| COPAR 2023-2 A 5.82% 06/15/28   | CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2023-2 SER 2023-2 CL A3 REGD 5.82000000               | CUSIP: 14044EAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1012421.40    | 0.14%             | 2028-06-15      | Fixed         | 5.82%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OP 6.15% 11/10/26  | CHARTER COMM OPT LLC/CAP REGD 6.15000000                                                       | CUSIP: 161175CM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3935000 | PA      | $4009744.14    | 0.56%             | 2026-11-10      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNA 4.125% 03/15/28  | EDISON INTERNATIONAL REGD 4.12500000                                                           | CUSIP: 281020AM9<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    1280000 | PA      | $1235466.01    | 0.17%             | 2028-03-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLE 5% 08/01/27  | OCCIDENTAL PETROLEUM COR REGD 5.00000000                                                       | CUSIP: 674599EH4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     830000 | PA      | $836713.04     | 0.12%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAT CAPITAL CO 3.557% 08/15/27  | BAT CAPITAL CORP REGD 3.55700000                                                               | CUSIP: 05526DBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1065000 | PA      | $1047715.85    | 0.15%             | 2027-08-15      | Fixed         | 3.56%                 | No            |                  2 | On Loan: No      |
| HDMOT 2024-B A 4.62% 03/16/26   | HARLEY-DAVIDSON MOTORCYCLE TRUST 2024-B SER 2024-B CL A2 REGD 4.62000000                       | CUSIP: 41284PAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1037156 | PA      | $1037432.62    | 0.14%             | 2027-08-16      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GMCAR 2024-1 A 4.85% 12/18/28   | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2024-1 SER 2024-1 CL A3 REGD 4.85000000     | CUSIP: 36268GAD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     940000 | PA      | $944641.25     | 0.13%             | 2028-12-18      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC V/R 08/09/26       | BARCLAYS PLC REGD V/R 5.30400000                                                               | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    4205000 | PA      | $4206170.17    | 0.58%             | 2026-08-09      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| TSYMP 2016-1A AR V/R 10/13/32   | TCI-SYMPHONY CLO 2016-1 LTD SER 2016-1A CL AR2 V/R REGD 144A P/P 5.52332000                    | CUSIP: 87229WAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     156802 | PA      | $156841.98     | 0.02%             | 2032-10-13      | Variable      | 5.52%                 | Yes           |                  2 | On Loan: No      |
| CITIBANK NA V/R 12/04/26        | CITIBANK NA REGD V/R SER BKNT 5.44934200                                                       | CUSIP: 17325FBD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     800000 | PA      | $805841.10     | 0.11%             | 2026-12-04      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| KT CORP 4.375% 01/03/29         | KT CORP REGD 144A P/P 4.37500000                                                               | CUSIP: 48268KAJ0<br>LEI: 9884005ACF8449EANY26 | Long             | DBT              | CORP              | KR        |    1500000 | PA      | $1499757.17    | 0.21%             | 2029-01-03      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| FHR 5528 FA V/R 04/25/55        | FREDDIE MAC REMICS SER 5528 CL FA V/R 5.17517000                                               | CUSIP: 3137HKR30<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1451138 | PA      | $1448434.70    | 0.20%             | 2055-04-25      | Variable      | 5.18%                 | No            |                  2 | On Loan: No      |
| OMW 2020-1MW A 2.13% 09/10/27   | MANHATTAN WEST 2020-1MW MORTGAGE TRUST SER 2020-1MW CL A REGD 144A P/P 2.13000000              | CUSIP: 563136AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     255000 | PA      | $241121.98     | 0.03%             | 2039-09-10      | Fixed         | 2.13%                 | Yes           |                  2 | On Loan: No      |
| PHILIP MORRIS  4.375% 11/01/27  | PHILIP MORRIS INTL INC REGD 4.37500000                                                         | CUSIP: 718172DM8<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     870000 | PA      | $873825.87     | 0.12%             | 2027-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY C DISC 07/28/25  | NEXTERA ENERGY C DISC 07/28/25 0.00000000                                                      | CUSIP: 65339MUU8<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     900000 | PA      | $896775.57     | 0.12%             | 2025-07-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GNR 2019-54 KF V/R 05/20/44     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2019-54 CL KF V/R 4.85861000                      | CUSIP: 38381R7J2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     234279 | PA      | $229390.31     | 0.03%             | 2044-05-20      | Variable      | 4.86%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDI 1.2% 02/01/26  | SOUTHERN CAL EDISON REGD SER 20C 1.20000000                                                    | CUSIP: 842400GV9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1000000 | PA      | $974724.03     | 0.14%             | 2026-02-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| CRVNA 2024-P4  4.64% 04/10/28   | CARVANA AUTO RECEIVABLES TRUST 2024-P4 SER 2024-P4 CL A3 REGD 4.64000000                       | CUSIP: 14076LAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     400000 | PA      | $402322.44     | 0.06%             | 2030-01-10      | Fixed         | 4.64%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATI 4.7% 08/15/25  | EDISON INTERNATIONAL REGD 4.70000000                                                           | CUSIP: 281020AU1<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     200000 | PA      | $199689.90     | 0.03%             | 2025-08-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| WOART 2024-B A 5.48% 09/15/27   | WORLD OMNI AUTO RECEIVABLES TRUST 2024-B SER 2024-B CL A2A REGD 5.48000000                     | CUSIP: 98164HAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     173666 | PA      | $173970.43     | 0.02%             | 2027-09-15      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| FHR 5517 FE V/R 03/25/55        | FREDDIE MAC REMICS SER 5517 CL FE V/R 5.25517000                                               | CUSIP: 3137HKGJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1862761 | PA      | $1840603.01    | 0.26%             | 2055-03-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| OMFIT 2023-2A A2 V/R 11/14/27   | ONEMAIN FINANCIAL ISSUANCE TRUST 2023-2 SER 2023-2A CL A2 V/R REGD 144A P/P 5.80385000         | CUSIP: 68269HAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1452000 | PA      | $1476630.71    | 0.21%             | 2036-09-15      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| DEUTSCHE BANK NY V/R 11/24/26   | DEUTSCHE BANK NY REGD V/R 2.12900000                                                           | CUSIP: 251526CE7<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |     500000 | PA      | $494908.61     | 0.07%             | 2026-11-24      | Variable      | 2.13%                 | No            |                  2 | On Loan: No      |
| BPCE SA V/R 09/25/25            | BPCE SA REGD V/R 144A P/P 5.36564200                                                           | CUSIP: 05571AAN5<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    2140000 | PA      | $2143342.08    | 0.30%             | 2025-09-25      | Variable      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| SABINE PASS LI 5.875% 06/30/26  | SABINE PASS LIQUEFACTION REGD 5.87500000                                                       | CUSIP: 785592AV8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2915000 | PA      | $2930761.49    | 0.41%             | 2026-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP 5.375% 04/15/26  | GLP CAPITAL LP / FIN II REGD 5.37500000                                                        | CUSIP: 361841AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6025000 | PA      | $6026241.15    | 0.84%             | 2026-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AESOP 2024-1A  5.36% 06/20/29   | AVIS BUDGET RENTAL CAR FUNDING AESOP LLC SER 2024-1A CL A REGD 144A P/P 5.36000000             | CUSIP: 05377RHY3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1500000 | PA      | $1538815.20    | 0.21%             | 2030-06-20      | Fixed         | 5.36%                 | Yes           |                  2 | On Loan: No      |
| UBS AG AUSTR V/R 02/26/26/AUD/  | UBS AG AUSTRALIA /AUD/ REGD V/R REG S SER . 4.20950000                                         | CUSIP: Q9T799BT4<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |     900000 | PA      | $592471.21     | 0.08%             | 2026-02-26      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| F/C AUST 10Y BOND FUT SEP25     | FUTURE CONTRACT ON           AUST 10Y BOND FUT SEP25 /AUD/ 0.00000000                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | AU        |         17 | NC      | $1282423.22    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS  5.125% 11/17/27  | PHILIP MORRIS INTL INC REGD 5.12500000                                                         | CUSIP: 718172CV9<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |    1985000 | PA      | $2024439.75    | 0.28%             | 2027-11-17      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| HALST 2024-A A 5.15% 09/15/25   | HYUNDAI AUTO LEASE SECURITIZATION TRUST 2 SER 2024-A CL A2A REGD 144A P/P 5.15000000           | CUSIP: 448988AB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     387903 | PA      | $388271.35     | 0.05%             | 2026-06-15      | Fixed         | 5.15%                 | Yes           |                  2 | On Loan: No      |
| FHR 5508 DF V/R 02/25/55        | FREDDIE MAC REMICS SER 5508 CL DF V/R 5.30517000                                               | CUSIP: 3137HJG84<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     748064 | PA      | $749594.47     | 0.10%             | 2055-02-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL  4.75% 02/07/28  | NATIONAL RURAL UTIL COOP REGD MTN 4.75000000                                                   | CUSIP: 63743HFW7<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |    1195000 | PA      | $1210258.70    | 0.17%             | 2028-02-07      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BMP 2024-MF23 A V/R 06/15/26    | BMP 2024-MF23 SER 2024-MF23 CL A V/R REGD 144A 5.68370000                                      | CUSIP: 05593JAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     690000 | PA      | $690862.50     | 0.10%             | 2041-06-15      | Variable      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| AVIATION CAPIT 4.875% 10/01/25  | AVIATION CAPITAL GROUP REGD 144A P/P 4.87500000                                                | CUSIP: 05367AAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1199372.70    | 0.17%             | 2025-10-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CARMX 2023-4 A 6.08% 08/15/25   | CARMAX AUTO OWNER TRUST 2023-4 SER 2023-4 CL A2A REGD 6.08000000                               | CUSIP: 14318XAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     102229 | PA      | $102330.76     | 0.01%             | 2026-12-15      | Fixed         | 6.08%                 | No            |                  2 | On Loan: No      |
| FORDO 2024-C A 4.32% 05/15/26   | FORD CREDIT AUTO OWNER TRUST 2024-C SER 2024-C CL A2A REGD 4.32000000                          | CUSIP: 34532UAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1264923 | PA      | $1263788.75    | 0.18%             | 2027-08-15      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| STAR 2020-3 A1 V/R 04/25/65     | STARWOOD MORTGAGE RESIDENTIAL TRUST 2020-3 SER 2020-3 CL A1 V/R REGD 144A P/P 1.48600000       | CUSIP: 85573MAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     102649 | PA      | $98969.95      | 0.01%             | 2065-04-25      | Variable      | 1.49%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC V/R 09/13/27       | BARCLAYS PLC REGD V/R 6.27846200                                                               | CUSIP: 06738ECM5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |     500000 | PA      | $507296.96     | 0.07%             | 2027-09-13      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| SMB 2022-C A1B V/R 11/15/31     | SMB PRIVATE EDUCATION LOAN TRUST 2022-C SER 2022-C CL A1B V/R REGD 144A P/P 6.15385000         | CUSIP: 78449CAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     167896 | PA      | $169356.81     | 0.02%             | 2050-05-16      | Variable      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| SYNOPSYS INC 4.55% 04/01/27     | SYNOPSYS INC REGD 4.55000000                                                                   | CUSIP: 871607AA5<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $1306278.91    | 0.18%             | 2027-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP  V/R 08/14/26  | VOLKSWAGEN GROUP AMERICA REGD V/R 144A P/P 5.42769400                                          | CUSIP: 928668CJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     480000 | PA      | $481531.57     | 0.07%             | 2026-08-14      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| DNB BANK ASA V/R 09/16/26       | DNB BANK ASA REGD V/R 144A P/P 1.12700000                                                      | CUSIP: 23329PAF7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    1400000 | PA      | $1389610.38    | 0.19%             | 2026-09-16      | Variable      | 1.13%                 | Yes           |                  2 | On Loan: No      |
| TAURS 2025- V/R 02/18/28 /GBP/  | TAURUS 2025-2 UK DAC SER 2025-UK2X CL A V/R REGD REG S /GBP/ 5.72191000                        | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | IE        |     309466 | PA      | $426542.39     | 0.06%             | 2035-02-18      | Variable      | 5.72%                 | No            |                  2 | On Loan: No      |
| UKLOG 2024- V/R 05/17/29 /GBP/  | UK LOGISTICS 2024-1 DAC SER 2024-1X CL A V/R REGD REG S /GBP/ 5.87190000                       | CUSIP: G930ZAAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     202000 | PA      | $277829.84     | 0.04%             | 2034-05-17      | Variable      | 5.87%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY  3.55% 05/01/27  | NEXTERA ENERGY CAPITAL REGD 3.55000000                                                         | CUSIP: 65339KAT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1545000 | PA      | $1523344.58    | 0.21%             | 2027-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| COMM 2024-WCL1 A V/R 06/15/26   | COMM 2024-WCL1 MORTGAGE TRUST SER 2024-WCL1 CL A V/R REGD 144A P/P 6.15276000                  | CUSIP: 20047DAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     420000 | PA      | $419868.58     | 0.06%             | 2041-06-15      | Variable      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| UBS AG AUSTR V/R 07/30/25/AUD/  | UBS AG AUSTRALIA /AUD/ REGD V/R REG S SER . 4.74450000                                         | CUSIP: Q9T799BR8<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |    2100000 | PA      | $1382667.77    | 0.19%             | 2025-07-30      | Variable      | 4.74%                 | No            |                  2 | On Loan: No      |
| MBART 2023-1 A 4.51% 08/15/26   | MERCEDES-BENZ AUTO RECEIVABLES TRUST 2023-1 SER 2023-1 CL A3 REGD 4.51000000                   | CUSIP: 58770AAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     502660 | PA      | $502633.01     | 0.07%             | 2027-11-15      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| FNR 2020-29 FC V/R 05/25/50     | FANNIE MAE REMICS SER 2020-29 CL FC V/R 5.26449000                                             | CUSIP: 3136B9TM9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1002600 | PA      | $998938.81     | 0.14%             | 2050-05-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| NDFT 2024-1 V/R 03/15/27 /GBP/  | NEWDAY FUNDING SER 2024-1X CL A V/R REGD REG S /GBP/ 5.39740000                                | CUSIP: G6S85ADF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     534000 | PA      | $737705.30     | 0.10%             | 2032-03-15      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| BANK AMER SECS   DISC 02/25/26  | BANK AMER SECS INC DISCOUNT COMMERCIAL PAPER 0.00000000                                        | CUSIP: 06054PBR6<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    2000000 | PA      | $1943666.60    | 0.27%             | 2026-02-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| EQT CORP 5.7% 04/01/28          | EQT CORP REGD 5.70000000                                                                       | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    1325000 | PA      | $1362673.86    | 0.19%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| GNR 2025-89 PF V/R 05/20/55     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2025-89 CL PF V/R 5.25185000                      | CUSIP: 38385GMK2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     299229 | PA      | $298936.89     | 0.04%             | 2055-05-20      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & ELE V/R 09/04/25  | PACIFIC GAS & ELECTRIC REGD V/R 5.33934200                                                     | CUSIP: 694308KS5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $299998.75     | 0.04%             | 2025-09-04      | Variable      | 5.34%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY COR 2.65% 09/01/26  | DUKE ENERGY CORP REGD 2.65000000                                                               | CUSIP: 26441CAS4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    2489000 | PA      | $2442229.38    | 0.34%             | 2026-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| AMXCA 2023-2 A 4.8% 05/15/28    | AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST SER 2023-2 CL A REGD 4.80000000                   | CUSIP: 02582JKB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     900000 | PA      | $918622.35     | 0.13%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TOWN 2025-STAY A V/R 03/15/27   | INTOWN 2025-STAY MORTGAGE TRUST SER 2025-STAY CL A V/R REGD 144A P/P 5.66200000                | CUSIP: 46117WAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     624000 | PA      | $621270.00     | 0.09%             | 2042-03-15      | Variable      | 5.66%                 | Yes           |                  2 | On Loan: No      |
| ASIMI 2024- V/R 09/16/31 /GBP/  | ASIMI FUNDING 2024-1 PLC SER 2024-1 CL A V/R REGD REG S /GBP/ 5.21740000                       | CUSIP: G0R2LMAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |      74626 | PA      | $102504.52     | 0.01%             | 2031-09-16      | Variable      | 5.22%                 | No            |                  2 | On Loan: No      |
| WEST 2025-ROSE A V/R 04/10/30   | WEST TRUST 2025-ROSE SER 2025-ROSE CL A V/R REGD 144A P/P 5.45406300                           | CUSIP: 955909AA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     438000 | PA      | $443442.72     | 0.06%             | 2035-04-10      | Variable      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| TOMMI 5 B V/R 05/18/35 /EUR/    | LT AUTORAHOITUS V DAC SER 5 CL B V/R REGD REG S /EUR/ 2.81100000                               | CUSIP: G571BZAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     400000 | PA      | $470779.49     | 0.07%             | 2035-05-18      | Variable      | 2.81%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV V/R 04/01/27       | ING GROEP NV REGD V/R 5.35148000                                                               | CUSIP: 456837AX1<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     500000 | PA      | $501356.85     | 0.07%             | 2027-04-01      | Variable      | 5.35%                 | No            |                  2 | On Loan: No      |
| DTE ELECTRIC CO 4.25% 05/14/27  | DTE ELECTRIC CO REGD 4.25000000                                                                | CUSIP: 23338VAW6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     130000 | PA      | $130195.85     | 0.02%             | 2027-05-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TAOT 2024-A A3 4.83% 10/16/28   | TOYOTA AUTO RECEIVABLES 2024-A OWNER TRUST SER 2024-A CL A3 REGD 4.83000000                    | CUSIP: 89238DAD0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    4109000 | PA      | $4131234.21    | 0.57%             | 2028-10-16      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CRED V/R 09/11/25  | TOYOTA MOTOR CREDIT CORP REGD V/R MTN 5.04615400                                               | CUSIP: 89236TLA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1000694.48    | 0.14%             | 2025-09-11      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| F/C US 10YR ULTRA FUT SEP25     | FUTURE CONTRACT ON           US 10YR ULTRA FUT SEP25 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |        -15 | NC      | $-1713984.38   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| SCG 2025-DLFN A V/R 03/15/27    | SCG COMMERCIAL MORTGAGE TRUST 2025-DLFN SER 2025-DLFN CL A V/R REGD 144A P/P 5.51176000        | CUSIP: 78398EAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     285000 | PA      | $282866.52     | 0.04%             | 2035-03-15      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| F/C LONG GILT FUTURE  SEP25     | FUTURE CONTRACT ON           LONG GILT FUTURE  SEP25 /GBP/ 0.00000000                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |         23 | NC      | $2937045.38    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BRICO 2024  V/R 02/24/42 /EUR/  | BRIGNOLE CO SER 2024 CL A V/R REGD REG S /EUR/ 2.65100000                                      | CUSIP: T2R8AVAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |     401730 | PA      | $473880.32     | 0.07%             | 2042-02-24      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINI 4.5% 10/07/25    | TORONTO-DOMINION CTF OF DEPOSIT 4.50000000                                                     | CUSIP: 89115DB39<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    4000000 | PA      | $3999615.20    | 0.56%             | 2025-10-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GMCAR 2024-4 A3 4.4% 02/16/28   | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2024-4 SER 2024-4 CL A3 REGD 4.40000000     | CUSIP: 38014AAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2554000 | PA      | $2561108.29    | 0.36%             | 2029-08-16      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS  1.2% 03/01/26  | GLOBAL PAYMENTS INC REGD 1.20000000                                                            | CUSIP: 37940XAE2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2441102.40    | 0.34%             | 2026-03-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES  5.2% 07/01/27  | TARGA RESOURCES CORP REGD 5.20000000                                                           | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    1990000 | PA      | $2016452.13    | 0.28%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BWAY 2021-1450 A V/R 09/15/23   | BWAY 2021-1450 MORTGAGE TRUST SER 2021-1450 CL A V/R REGD 144A P/P 5.67624000                  | CUSIP: 12430YAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     500000 | PA      | $482084.40     | 0.07%             | 2036-09-15      | Variable      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| SMI 2023-1  V/R 04/21/29 /GBP/  | SILVERSTONE MASTER ISSUER PLC SER 2023-1 CL 2A V/R REGD REG S /GBP/ 4.81127000                 | CUSIP: G8T62FBL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     635000 | PA      | $872284.70     | 0.12%             | 2070-01-21      | Variable      | 4.81%                 | No            |                  2 | On Loan: No      |
| ECAR 2024-1 V/R 11/25/35 /EUR/  | E-CARAT DE 2024-1 SER 2024-1 CL A V/R REGD REG S /EUR/ 2.32100000                              | CUSIP: L28425AA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |     800000 | PA      | $941509.98     | 0.13%             | 2035-11-25      | Variable      | 2.32%                 | No            |                  2 | On Loan: No      |
| MASSMUTUAL GLOBA 5.1% 04/09/27  | MASSMUTUAL GLOBAL FUNDIN REGD 144A P/P MTN 5.10000000                                          | CUSIP: 57629W4S6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     835000 | PA      | $848508.55     | 0.12%             | 2027-04-09      | Fixed         | 5.10%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO & COM V/R 04/22/28  | WELLS FARGO & COMPANY REGD V/R MTN 5.70700000                                                  | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    2170000 | PA      | $2217207.72    | 0.31%             | 2028-04-22      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| DPF 2022-1  V/R 01/28/27 /EUR/  | DUTCH PROPERTY FINANCE 2022-1 BV SER 2022-1 CL A V/R REGD REG S /EUR/ 2.91100000               | CUSIP: N2819YAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | NL        |     597403 | PA      | $704485.44     | 0.10%             | 2059-10-28      | Variable      | 2.91%                 | No            |                  2 | On Loan: No      |
| DLLAA 2025-1A A 4.7% 10/20/27   | DLLAA 2025-1 LLC SER 2025-1A CL A2 REGD 144A P/P 4.70000000                                    | CUSIP: 233249AB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1001832.70    | 0.14%             | 2027-10-20      | Fixed         | 4.70%                 | Yes           |                  2 | On Loan: No      |
| AMXCA 2024-2 A 5.24% 04/15/29   | AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST SER 2024-2 CL A REGD 5.24000000                   | CUSIP: 02582JKF6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1990000 | PA      | $2069860.89    | 0.29%             | 2031-04-15      | Fixed         | 5.24%                 | No            |                  2 | On Loan: No      |
| NALT 2025-A A2B V/R 12/15/26    | NISSAN AUTO LEASE TRUST 2025-A SER 2025-A CL A2B V/R REGD 4.75385000                           | CUSIP: 65479XAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1001313.00    | 0.14%             | 2027-11-15      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| FORDO 2024-C A 4.07% 03/15/28   | FORD CREDIT AUTO OWNER TRUST 2024-C SER 2024-C CL A3 REGD 4.07000000                           | CUSIP: 34532UAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     829000 | PA      | $827762.47     | 0.12%             | 2029-07-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| FHR 5517 MF V/R 03/25/55        | FREDDIE MAC REMICS SER 5517 CL MF V/R 5.25517000                                               | CUSIP: 3137HKH72<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     741561 | PA      | $742634.04     | 0.10%             | 2055-03-25      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC V/R 05/07/28      | CITIGROUP INC REGD V/R 4.64300000                                                              | CUSIP: 172967PZ8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    3070000 | PA      | $3077937.06    | 0.43%             | 2028-05-07      | Variable      | 4.64%                 | No            |                  2 | On Loan: No      |
| BANK OF QUEE V/R 10/29/25/AUD/  | BANK OF QUEENSLAND LTD /AUD/ REGD V/R MTN 4.99260000                                           | CUSIP: Q1279GXK9<br>LEI: 549300WFIN7T02UKDG08 | Long             | DBT              | CORP              | AU        |     700000 | PA      | $461741.56     | 0.06%             | 2025-10-29      | Variable      | 4.99%                 | No            |                  2 | On Loan: No      |
| MARS INC 4.45% 03/01/27         | MARS INC REGD 144A P/P 4.45000000                                                              | CUSIP: 571676AW5<br>LEI: 54930073HKEO6GZBSS03 | Long             | DBT              | CORP              | US        |    2040000 | PA      | $2047044.02    | 0.28%             | 2027-03-01      | Fixed         | 4.45%                 | Yes           |                  2 | On Loan: No      |
| COMP 2024-1 V/R 09/28/38 /EUR/  | AUTO ABS SPANISH LOANS 2024-1 FT SER 2024-1 CL A V/R REGD REG S /EUR/ 2.77900000               | CUSIP: E0741YAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | ES        |     734781 | PA      | $867535.28     | 0.12%             | 2038-09-28      | Variable      | 2.78%                 | No            |                  2 | On Loan: No      |
| N/A                             | GBP/USD FWD 20250917 000009605 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-112528.66    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CASH COLLATERAL CME WFS         | CASH COLLATERAL CME WFS        /CCWFSXUS7 4.23000000                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |    1269000 | PA      | $1269000.00    | 0.18%             | 2049-12-31      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| PFAST 2024-1A  4.44% 05/22/28   | PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2 SER 2024-1A CL A3 REGD 144A P/P 4.44000000       | CUSIP: 73328EAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2049000 | PA      | $2058295.29    | 0.29%             | 2030-01-22      | Fixed         | 4.44%                 | Yes           |                  2 | On Loan: No      |
| SMB 2021-D A1B V/R 08/15/30     | SMB PRIVATE EDUCATION LOAN TRUST 2021-D SER 2021-D CL A1B V/R REGD 144A P/P 5.02624000         | CUSIP: 78449MAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     119983 | PA      | $118883.85     | 0.02%             | 2053-03-17      | Variable      | 5.03%                 | Yes           |                  2 | On Loan: No      |
| DUKE ENERGY CORP 5% 12/08/27    | DUKE ENERGY CORP REGD 5.00000000                                                               | CUSIP: 26441CBW4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1221395.08    | 0.17%             | 2027-12-08      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC V/R 08/14/27  | HSBC HOLDINGS PLC REGD V/R 5.88700000                                                          | CUSIP: 404280DZ9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    2990000 | PA      | $3031932.93    | 0.42%             | 2027-08-14      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDI 1.625% 09/01/25  | GLENCORE FUNDING LLC REGD 144A P/P 1.62500000                                                  | CUSIP: 378272AX6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4700000 | PA      | $4675562.02    | 0.65%             | 2025-09-01      | Fixed         | 1.62%                 | Yes           |                  2 | On Loan: No      |
| BARCLAYS PLC V/R 11/02/26       | BARCLAYS PLC REGD V/R 7.32500000                                                               | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    1100000 | PA      | $1109130.97    | 0.15%             | 2026-11-02      | Variable      | 7.33%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER S V/R 07/15/28  | BANCO SANTANDER SA REGD V/R 5.46535100                                                         | CUSIP: 05964HBE4<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    1000000 | PA      | $1002722.33    | 0.14%             | 2028-07-15      | Variable      | 5.47%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & E 3.15% 01/01/26  | PACIFIC GAS & ELECTRIC REGD 3.15000000                                                         | CUSIP: 694308JP3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1000000 | PA      | $990406.41     | 0.14%             | 2026-01-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI T V/R 09/14/26  | SUMITOMO MITSUI TR BK LT REGD V/R REG S 5.54615400                                             | CUSIP: J7771YSN8<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    1300000 | PA      | $1310075.64    | 0.18%             | 2026-09-14      | Variable      | 5.55%                 | No            |                  2 | On Loan: No      |
| CNH 2024-C A3 4.03% 09/15/28    | CNH EQUIPMENT TRUST 2024-C SER 2024-C CL A3 REGD 4.03000000                                    | CUSIP: 18978GAD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     275000 | PA      | $274533.88     | 0.04%             | 2030-01-15      | Fixed         | 4.03%                 | No            |                  2 | On Loan: No      |
| US TREAS NTS 1.625% 02/15/26    | UNITED STATES TREASURY NOTE 1.62500000                                                         | CUSIP: 912828P46<br>LEI: N/A                  | Long             | DBT              | UST               | US        |   10000000 | PA      | $9842871.10    | 1.37%             | 2026-02-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| HMI 2023-1X V/R 01/15/28 /GBP/  | HOLMES MASTER ISSUER PLC SER 2023-1X CL A1 V/R REGD REG S /GBP/ 4.90816000                     | CUSIP: G45669DN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     666000 | PA      | $916167.73     | 0.13%             | 2072-10-15      | Variable      | 4.91%                 | No            |                  2 | On Loan: No      |
| HCA INC 3.125% 03/15/27         | HCA INC REGD 3.12500000                                                                        | CUSIP: 404119CH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5750000 | PA      | $5629819.48    | 0.78%             | 2027-03-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE 4.57% 10/20/25     | COOPERATIEVE CENTRALE  RAIFFEISEN BOERENLEENBANK CERTIFICATE OF DEPOSIT 4.57000000             | CUSIP: 21684XY34<br>LEI: N/A                  | Long             | STIV             | CORP              | NL        |    4500000 | PA      | $4500551.70    | 0.63%             | 2025-10-20      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GRO V/R 12/09/26  | GOLDMAN SACHS GROUP INC REGD V/R SER VAR 1.09300000                                            | CUSIP: 38141GXM1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2525000 | PA      | $2485756.85    | 0.35%             | 2026-12-09      | Variable      | 1.09%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV V/R 07/01/26       | ING GROEP NV REGD V/R 144A P/P 1.40000000                                                      | CUSIP: 456837AU7<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |     200000 | PA      | $200000.00     | 0.03%             | 2026-07-01      | Variable      | 1.40%                 | Yes           |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP 5.8% 09/12/25  | VOLKSWAGEN GROUP AMERICA REGD 144A P/P 5.80000000                                              | CUSIP: 928668BU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     221000 | PA      | $221284.55     | 0.03%             | 2025-09-12      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| SBALT 2024-C A 4.56% 11/20/26   | SBNA AUTO LEASE TRUST 2024-C SER 2024-C CL A3 REGD 144A P/P 4.56000000                         | CUSIP: 78398DAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     900000 | PA      | $901740.60     | 0.13%             | 2028-02-22      | Fixed         | 4.56%                 | Yes           |                  2 | On Loan: No      |
| NDFT 2025-1 V/R 04/15/28 /GBP/  | NEWDAY FUNDING MASTER ISSUER PLC - SERIES  SER 2025-1X CL A V/R REGD REG S /GBP/ 5.06740000    | CUSIP: G6S85AEJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     599000 | PA      | $823476.96     | 0.11%             | 2033-04-15      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| SMB 2020-PTA A2 1.6% 09/15/54   | SMB PRIVATE EDUCATION LOAN TRUST 2020-PT-A SER 2020-PTA CL A2A REGD 144A P/P 1.60000000        | CUSIP: 78449VAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     236402 | PA      | $222346.35     | 0.03%             | 2054-09-15      | Fixed         | 1.60%                 | Yes           |                  2 | On Loan: No      |
| MBART 2023-2 A 5.92% 11/16/26   | MERCEDES-BENZ AUTO RECEIVABLES TRUST 2023-2 SER 2023-2 CL A2 REGD 5.92000000                   | CUSIP: 58769FAB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |       4304 | PA      | $4307.21       | 0.00%             | 2026-11-16      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| RTX CORP 2.65% 11/01/26         | RTX CORP REGD 2.65000000                                                                       | CUSIP: 913017CH0<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1959745.96    | 0.27%             | 2026-11-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL A V/R 08/04/25  | HYUNDAI CAPITAL AMERICA REGD V/R 144A P/P 5.50869700                                           | CUSIP: 44891ACL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1100513.01    | 0.15%             | 2025-08-04      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| BX 2024-VLT4 A V/R 07/15/29     | BX TRUST 2024-VLT4 SER 2024-VLT4 CL A V/R REGD 144A P/P 5.80316500                             | CUSIP: 05612TAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     400000 | PA      | $399875.00     | 0.06%             | 2029-07-15      | Variable      | 5.80%                 | Yes           |                  2 | On Loan: No      |
| BDS 2022-FL12 A V/R 08/19/38    | BDS 2022-FL12 LLC SER 2022-FL12 CL A V/R REGD 144A P/P 6.45408000                              | CUSIP: 07336CAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     331378 | PA      | $331573.93     | 0.05%             | 2038-08-19      | Variable      | 6.45%                 | Yes           |                  2 | On Loan: No      |
| BAT CAPITAL CO 3.215% 09/06/26  | BAT CAPITAL CORP REGD 3.21500000                                                               | CUSIP: 05526DBJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3525000 | PA      | $3475831.33    | 0.48%             | 2026-09-06      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC 3.459% 09/15/26    | BROADCOM INC REGD 3.45900000                                                                   | CUSIP: 11135FAN1<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    1740000 | PA      | $1723651.74    | 0.24%             | 2026-09-15      | Fixed         | 3.46%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANC 4.25% 12/15/25  | BAYER US FINANCE II LLC REGD 144A P/P 4.25000000                                               | CUSIP: 07274NAJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2200000 | PA      | $2193683.65    | 0.30%             | 2025-12-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ODART 2022-1A A2 V/R 10/14/25   | ONEMAIN DIRECT AUTO RECEIVABLES TR SER 2022-1A CL A2 V/R REGD 144A P/P 5.90385000              | CUSIP: 68269DAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     280659 | PA      | $281866.53     | 0.04%             | 2029-03-14      | Variable      | 5.90%                 | Yes           |                  2 | On Loan: No      |
| UBER TECHNOLOGIE 4.5% 08/15/29  | UBER TECHNOLOGIES INC REGD 144A P/P 4.50000000                                                 | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |     400000 | PA      | $397066.20     | 0.06%             | 2029-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| RTX CORP 3.125% 05/04/27        | RTX CORP REGD 3.12500000                                                                       | CUSIP: 913017CR8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1055000 | PA      | $1034174.70    | 0.14%             | 2027-05-04      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| TRTN 2021-2 V/R 02/09/53 /AUD/  | TRITON BOND TRUST 2021-2 IN RESPECT OF SERIES 1 SER 2021-2 CL A1AU V/R REGD /AUD/ 4.45750000   | CUSIP: Q744CHAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | AU        |     234406 | PA      | $153986.12     | 0.02%             | 2053-02-09      | Variable      | 4.46%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BA V/R 07/14/28  | MORGAN STANLEY BANK NA REGD V/R SER BKNT 4.96800000                                            | CUSIP: 61690U8E3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1095000 | PA      | $1108076.19    | 0.15%             | 2028-07-14      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| BX 2024-PAT A V/R 03/15/26      | BX TRUST 2024-PAT SER 2024-PAT CL A V/R REGD 144A P/P 6.40176000                               | CUSIP: 05612FAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     270000 | PA      | $270000.00     | 0.04%             | 2041-03-15      | Variable      | 6.40%                 | Yes           |                  2 | On Loan: No      |
| EQT CORP 3.9% 10/01/27          | EQT CORP REGD 3.90000000                                                                       | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    1340000 | PA      | $1322161.49    | 0.18%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AUTOF 2 B V/R 12/24/44 /EUR/    | AUTOFLORENCE 2 SRL SER 2 CL B V/R REGD REG S /EUR/ 2.64900000                                  | CUSIP: T0R388AB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |      37414 | PA      | $44005.48      | 0.01%             | 2044-12-24      | Variable      | 2.65%                 | No            |                  2 | On Loan: No      |
| GNR 2023-H27 FD V/R 11/20/73    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2023-H27 CL FD V/R 5.40185000                     | CUSIP: 38383KHV7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     484029 | PA      | $490753.91     | 0.07%             | 2073-11-20      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| HCA INC 5.875% 02/15/26         | HCA INC REGD 5.87500000                                                                        | CUSIP: 404119BS7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4030000 | PA      | $4034382.10    | 0.56%             | 2026-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VZMT 2024-1 A1B V/R 12/20/28    | VERIZON MASTER TRUST SER 2024-1 CL A1B V/R REGD 4.95218000                                     | CUSIP: 92348KCM3<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-CBDO         | CORP              | US        |    1578000 | PA      | $1579970.61    | 0.22%             | 2028-12-20      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| GNR 2024-H02 FH V/R 01/20/74    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2024-H02 CL FH V/R 5.23185000                     | CUSIP: 38383KMK5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     937197 | PA      | $941488.17     | 0.13%             | 2074-01-20      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| F/C CAN 10YR BOND FUT SEP25     | FUTURE CONTRACT ON           CAN 10YR BOND FUT SEP25 /CAD/ 0.00000000                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | CA        |         -6 | NC      | $-537543.60    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY BA V/R 05/26/28  | MORGAN STANLEY BANK NA REGD V/R SER BKNT 5.50400000                                            | CUSIP: 61690U8B9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1090000 | PA      | $1112637.72    | 0.15%             | 2028-05-26      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| GNR 2017-121 PE 3% 07/20/46     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2017-121 CL PE 3.00000000                         | CUSIP: 38380TV37<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      83310 | PA      | $81694.35      | 0.01%             | 2046-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JAPAN TREASU ZCP 07/14/25/JPY/  | JAPAN TREASURY DISC BILL /JPY/ REGD ZCP SER 1299 0.00000000                                    | CUSIP: J2S39L7T5<br>LEI: N/A                  | Long             | STIV             | USGA              | JP        | 1500000000 | PA      | $10414710.25   | 1.45%             | 2025-07-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BMO 2024-5C8 A3 V/R 12/15/29    | BMO 2024-5C8 MORTGAGE TRUST SER 2024-5C8 CL A3 V/R REGD 5.62530000                             | CUSIP: 09661XAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     500000 | PA      | $518768.55     | 0.07%             | 2057-12-15      | Variable      | 5.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BA V/R 01/14/28  | MORGAN STANLEY BANK NA REGD V/R SER BKNT 4.95200000                                            | CUSIP: 61690U8A1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4825000 | PA      | $4863518.60    | 0.68%             | 2028-01-14      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| ONEOK INC 2.2% 09/15/25         | ONEOK INC REGD 2.20000000                                                                      | CUSIP: 682680BA0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     300000 | PA      | $298194.18     | 0.04%             | 2025-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATL R 3.85% 06/01/27  | CANADIAN NATL RESOURCES REGD 3.85000000                                                        | CUSIP: 136385AX9<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |    1300000 | PA      | $1287284.69    | 0.18%             | 2027-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| N/A                             | IRS RSOFRP03.86 02/28/29 WFSL FLOAT                                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $-73901.59     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS 4.21 % 03/10/26     | BNP PARIBAS N Y BRH INSTL_____  CTF OF DEPOSIT 4.21000000                                      | CUSIP: 05593DFF5<br>LEI: N/A                  | Long             | STIV             | CORP              | FR        |    3125000 | PA      | $3121440.63    | 0.43%             | 2026-03-10      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| GOLDB 2023- V/R 09/22/43 /EUR/  | GOLDEN BAR SECURITISATION SRL 2023-2 SER 2023-2 CL B V/R REGD REG S /EUR/ 4.93600000           | CUSIP: T5160DDJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |     258905 | PA      | $311303.13     | 0.04%             | 2043-09-22      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR AC 1.85% 09/16/26  | NISSAN MOTOR ACCEPTANCE REGD 144A P/P MTN 1.85000000                                           | CUSIP: 65480CAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     900000 | PA      | $858293.21     | 0.12%             | 2026-09-16      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| OPTUS FINAN 1.6% 07/01/25/AUD/  | OPTUS FINANCE PTY LTD /AUD/ REGD REG S MTN 1.60000000                                          | CUSIP: Q7151CAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    1000000 | PA      | $658149.97     | 0.09%             | 2025-07-01      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT 4.2% 03/15/28  | CHARTER COMM OPT LLC/CAP REGD SER WI 4.20000000                                                | CUSIP: 161175BK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1285000 | PA      | $1273439.24    | 0.18%             | 2028-03-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL V/R 09/10/27   | BANK OF MONTREAL REGD V/R MTN 5.27383500                                                       | CUSIP: 06368L8M1<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |     300000 | PA      | $300863.10     | 0.04%             | 2027-09-10      | Variable      | 5.27%                 | No            |                  2 | On Loan: No      |
| N/A                             | IRS R03.50PSO/N 03/19/30 WFSLUS33XXX FIXED                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | GB        |          1 | NC      | $-24556.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GFORT 2023-1 A 5.34% 06/15/26   | GMF FLOORPLAN OWNER REVOLVING TRUST SER 2023-1 CL A1 REGD 144A P/P 5.34000000                  | CUSIP: 361886CR3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1009250.40    | 0.14%             | 2028-06-15      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| CARMX 2024-2 A 5.65% 02/16/26   | CARMAX AUTO OWNER TRUST 2024-2 SER 2024-2 CL A2A REGD 5.65000000                               | CUSIP: 14319EAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     362583 | PA      | $363484.19     | 0.05%             | 2027-05-17      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| FHR 5549 CF V/R 10/25/52        | FREDDIE MAC REMICS SER 5549 CL CF V/R 5.30517000                                               | CUSIP: 3137HLSA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     988038 | PA      | $964372.16     | 0.13%             | 2052-10-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                             | AUD/USD FWD 20250917 000009605 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-24308.94     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NAVSL 2021-DA A V/R 04/15/32    | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2 SER 2021-DA CL A V/R REGD 144A P/P 5.51000000      | CUSIP: 63942CAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     255893 | PA      | $252550.06     | 0.04%             | 2060-04-15      | Variable      | 5.51%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP 5.35% 11/15/27     | COMCAST CORP REGD 5.35000000                                                                   | CUSIP: 20030NEA5<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     865000 | PA      | $887622.50     | 0.12%             | 2027-11-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH IN 5.4% 01/15/27  | L3HARRIS TECH INC REGD 5.40000000                                                              | CUSIP: 502431AP4<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |    1995000 | PA      | $2027912.41    | 0.28%             | 2027-01-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| RNBAG 8 B V/R 09/15/30 /EUR/    | RED & BLACK AUTO GERMANY 8 UG SER 8 CL B V/R REGD REG S /EUR/ 2.64200000                       | CUSIP: D6S2KZAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | DE        |      48503 | PA      | $57134.61      | 0.01%             | 2030-09-15      | Variable      | 2.64%                 | No            |                  2 | On Loan: No      |
| BAAT 2025-1A A 4.52% 11/22/27   | BOFA AUTO TRUST 2025-1 SER 2025-1A CL A2A REGD 144A P/P 4.52000000                             | CUSIP: 05594BAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1000563.40    | 0.14%             | 2027-11-22      | Fixed         | 4.52%                 | Yes           |                  2 | On Loan: No      |
| TPAT 2021-SL1 A2 V/R 11/20/26   | TOWD POINT ASSET TRUST 2021-SL1 SER 2021-SL1 CL A2 V/R REGD 144A P/P 5.13206000                | CUSIP: 89179XAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      69679 | PA      | $69399.89      | 0.01%             | 2061-11-20      | Variable      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| SWEDBANK AB 6.136% 09/12/26     | SWEDBANK AB REGD 144A P/P 6.13600000                                                           | CUSIP: 87020PAX5<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |    2400000 | PA      | $2450842.25    | 0.34%             | 2026-09-12      | Fixed         | 6.14%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 11/10/28  | BANK OF AMERICA CORP REGD V/R 6.20400000                                                       | CUSIP: 06051GLC1<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1290000 | PA      | $1342156.96    | 0.19%             | 2028-11-10      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| DIAMONDBACK ENER 5.2% 04/18/27  | DIAMONDBACK ENERGY INC REGD 5.20000000                                                         | CUSIP: 25278XAX7<br>LEI: 549300R22LSX6OHWEN64 | Long             | DBT              | CORP              | US        |    4855000 | PA      | $4919901.45    | 0.68%             | 2027-04-18      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| NAVSL 2019-D A2B V/R 09/15/29   | NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2 SER 2019-D CL A2B V/R REGD 144A P/P 5.47624000     | CUSIP: 63941CAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     191147 | PA      | $190261.89     | 0.03%             | 2059-12-15      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| SPRINT LLC 7.625% 03/01/26      | SPRINT LLC REGD 7.62500000                                                                     | CUSIP: 85207UAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4000000 | PA      | $4038291.92    | 0.56%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPER  DISC  02/12/26  | CANADIAN IMPERIAL BK DISCOUNT COMMERCIAL PAPER 0.00000000                                      | CUSIP: 13608BBC7<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |    2500000 | PA      | $2434635.75    | 0.34%             | 2026-02-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LMAT 2021-GS3 A1 V/R 07/25/61   | LEGACY MORTGAGE ASSET TRUST 2021-GS3 SER 2021-GS3 CL A1 V/R REGD 144A P/P 5.75000000           | CUSIP: 52474XAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     939262 | PA      | $936254.31     | 0.13%             | 2061-07-25      | Variable      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HILL 2024-2 V/R 10/18/32 /EUR/  | HILL FL 2024-2 BV SER 2024-2FL CL A V/R REGD REG S /EUR/ 2.63100000                            | CUSIP: N40579AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | NL        |     600000 | PA      | $707230.10     | 0.10%             | 2032-10-18      | Variable      | 2.63%                 | No            |                  2 | On Loan: No      |
| FNR 2024-104 FA V/R 01/25/55    | FANNIE MAE REMICS SER 2024-104 CL FA V/R 5.35517000                                            | CUSIP: 3136BUEQ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     937343 | PA      | $934850.01     | 0.13%             | 2055-01-25      | Variable      | 5.36%                 | No            |                  2 | On Loan: No      |
| PRM5 2025-PRM5 A V/R 03/10/28   | PRM5 TRUST 2025-PRM5 SER 2025-PRM5 CL A V/R REGD 144A P/P 4.62030200                           | CUSIP: 693980AA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     504000 | PA      | $501899.88     | 0.07%             | 2033-03-10      | Variable      | 4.62%                 | Yes           |                  2 | On Loan: No      |
| SMB 2022-B A1B V/R 02/16/55     | SMB PRIVATE EDUCATION LOAN TRUST 2022-B SER 2022-B CL A1B V/R REGD 144A P/P 5.75385000         | CUSIP: 83206NAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1132269 | PA      | $1140039.02    | 0.16%             | 2055-02-16      | Variable      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| OOREDOO INTL FINAN 5% 10/19/25  | OOREDOO INTL FINANCE REGD P/P MTN 5.00000000                                                   | CUSIP: 74733LAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     900000 | PA      | $900720.90     | 0.13%             | 2025-10-19      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| NAVSL 2016-AA  3.91% 09/15/26   | NAVIENT PRIVATE EDUCATION LOAN TRUST 2016-A SER 2016-AA CL A2A REGD 144A P/P 3.91000000        | CUSIP: 63939NAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     554834 | PA      | $552703.60     | 0.08%             | 2045-12-15      | Fixed         | 3.91%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDI 2.7% 08/10/26  | FORD MOTOR CREDIT CO LLC REGD 2.70000000                                                       | CUSIP: 345397B77<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1150000 | PA      | $1119646.31    | 0.16%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SVENSKA HAND V/R 03/04/26/AUD/  | SVENSKA HANDELSBANKEN AB /AUD/ REGD V/R MTN 4.16140000                                         | CUSIP: W9125C8G7<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |     500000 | PA      | $328900.57     | 0.05%             | 2026-03-04      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| FORDR 2024-1 A S/UP 02/15/29    | FORD CREDIT AUTO OWNER TRUST 2024-REV1 SER 2024-1 CL A S/UP REGD 144A P/P 4.87000000           | CUSIP: 34533BAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     789000 | PA      | $803967.72     | 0.11%             | 2036-08-15      | Variable      | 4.87%                 | Yes           |                  2 | On Loan: No      |
| CITIBANK NA 4.576% 05/29/27     | CITIBANK NA REGD 4.57600000                                                                    | CUSIP: 17325FBN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2100000 | PA      | $2111323.03    | 0.29%             | 2027-05-29      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| SALC 202 5.299% 10/15/26 /CAD/  | MBARC CREDIT CANADA INC SER 2024-AA CL A2 REGD 144A P/P /CAD/ 5.29900000                       | CUSIP: 552755BX7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | CA        |     169158 | PA      | $124641.36     | 0.02%             | 2026-10-15      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| SYNIT 2023-A1  5.54% 07/15/26   | SYNCHRONY CARD FUNDING LLC SER 2023-A1 CL A REGD 5.54000000                                    | CUSIP: 87166PAK7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1011361.80    | 0.14%             | 2029-07-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COM V/R 01/24/28  | WELLS FARGO & COMPANY REGD V/R MTN SER W 4.90000000                                            | CUSIP: 95000U3R2<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    3225000 | PA      | $3248049.01    | 0.45%             | 2028-01-24      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| DYNO NOBEL  4.3% 03/18/26/AUD/  | DYNO NOBEL LTD /AUD/ REGD REG S MTN 4.30000000                                                 | CUSIP: Q48872AB3<br>LEI: 254900UW2F3BKV6Z9V18 | Long             | DBT              | CORP              | AU        |     700000 | PA      | $460571.37     | 0.06%             | 2026-03-18      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PEAC 2025-1A A 4.94% 10/20/28   | PEAC SOLUTIONS RECEIVABLES 2025-1 LLC SER 2025-1A CL A2 REGD 144A P/P 4.94000000               | CUSIP: 69392HAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1003370.10    | 0.14%             | 2028-10-20      | Fixed         | 4.94%                 | Yes           |                  2 | On Loan: No      |
| EQT CORP 6.5% 07/01/27          | EQT CORP REGD 144A P/P 6.50000000                                                              | CUSIP: 26884LAS8<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    1590000 | PA      | $1625732.18    | 0.23%             | 2027-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| NSLT 2021-CA AFL V/R 04/20/62   | NELNET STUDENT LOAN TRUST 2021-C SER 2021-CA CL AFL V/R REGD 144A P/P 5.17206000               | CUSIP: 64035GAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     560533 | PA      | $557571.97     | 0.08%             | 2062-04-20      | Variable      | 5.17%                 | Yes           |                  2 | On Loan: No      |
| N/A                             | JPY/USD FWD 20250710 000009605 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-23646.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NATIONAL BANK OF  V/R 03/25/27  | NATIONAL BANK OF CANADA REGD V/R MTN SER GMTN 5.31187300                                       | CUSIP: 63307A2Y0<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    1000000 | PA      | $1000999.44    | 0.14%             | 2027-03-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| BANK AMER SECS 0% 7/25/25       | BANK AMER SECS 0% 7/25/25 0.00000000                                                           | CUSIP: 06054NUR0<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    3000000 | PA      | $2990842.50    | 0.42%             | 2025-07-25      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| F/C 3 MONTH SOFR FUT  JUN25     | FUTURE CONTRACT ON           3 MONTH SOFR FUT  JUN25 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |         64 | NC      | $15306400.00   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CREDIT V/R 03/06/26  | FORD MOTOR CREDIT CO LLC REGD V/R 7.34055000                                                   | CUSIP: 345397C50<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $302814.00     | 0.04%             | 2026-03-06      | Variable      | 7.34%                 | No            |                  2 | On Loan: No      |
| VZMT 2024-1 A1A 5% 12/20/28     | VERIZON MASTER TRUST SER 2024-1 CL A1A REGD 5.00000000                                         | CUSIP: 92348KCL5<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-CBDO         | CORP              | US        |    1700000 | PA      | $1703377.39    | 0.24%             | 2028-12-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDR 2022-SNAI A V/R 02/15/27   | CEDR COMMERCIAL MORTGAGE TRUST 2022-SNAI SER 2022-SNAI CL A V/R REGD 144A P/P 5.30016000       | CUSIP: 12524AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     530000 | PA      | $515485.42     | 0.07%             | 2039-02-15      | Variable      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| NATIXIS N Y BRH 4.21% 03/10/26  | NATIXIS N Y BRH INSTL_________  CTF OF DEPOSIT 4.21000000                                      | CUSIP: 63873TBS6<br>LEI: N/A                  | Long             | STIV             | CORP              | FR        |    4000000 | PA      | $3995893.60    | 0.56%             | 2026-03-10      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GRO V/R 10/21/27  | GOLDMAN SACHS GROUP INC REGD V/R 1.94800000                                                    | CUSIP: 38141GYM0<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    2325000 | PA      | $2250946.75    | 0.31%             | 2027-10-21      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| FHR 5426 BF V/R 04/15/49        | FREDDIE MAC REMICS SER 5426 CL BF V/R 5.25001000                                               | CUSIP: 3137HCXW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     388089 | PA      | $388728.52     | 0.05%             | 2049-04-15      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| BP CAP MARKETS 3.017% 01/16/27  | BP CAP MARKETS AMERICA REGD SER * 3.01700000                                                   | CUSIP: 10373QAV2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     955000 | PA      | $939081.13     | 0.13%             | 2027-01-16      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| EMI 2023-1  V/R 01/25/27 /GBP/  | ECONOMIC MASTER ISSUER PLC SER 2023-1 CL A V/R REGD REG S /GBP/ 4.77720000                     | CUSIP: G2920UAH2<br>LEI: 635400KXONN4J3OEOG29 | Long             | ABS-CBDO         | CORP              | GB        |     213182 | PA      | $293222.78     | 0.04%             | 2074-06-25      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| GCCT 2021-1A A 1.14% 08/15/26   | GOLDEN CREDIT CARD TRUST SER 2021-1A CL A REGD 144A P/P 1.14000000                             | CUSIP: 380881FB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1500000 | PA      | $1447627.65    | 0.20%             | 2028-08-15      | Fixed         | 1.14%                 | Yes           |                  2 | On Loan: No      |
| RTX CORP 5.75% 11/08/26         | RTX CORP REGD 5.75000000                                                                       | CUSIP: 75513ECT6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    1580000 | PA      | $1608902.02    | 0.22%             | 2026-11-08      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NSLT 2019-2A A V/R 09/25/32     | NELNET STUDENT LOAN TRUST 2019-2 SER 2019-2A CL A V/R 144A P/P 5.31965000                      | CUSIP: 64034NAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     453491 | PA      | $452956.12     | 0.06%             | 2067-06-27      | Variable      | 5.32%                 | Yes           |                  2 | On Loan: No      |
| BX 2022-CSMO A V/R 06/15/27     | BX COMMERCIAL MORTGAGE TRUST 2022-CSMO SER 2022-CSMO CL A V/R REGD 144A P/P 6.42656000         | CUSIP: 05610MAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     800000 | PA      | $804659.84     | 0.11%             | 2027-06-15      | Variable      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| BANQUE FED CRE 5.896% 07/13/26  | BANQUE FED CRED MUTUEL REGD 144A P/P 5.89600000                                                | CUSIP: 06675FBA4<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    1300000 | PA      | $1319664.49    | 0.18%             | 2026-07-13      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| GFORT 2024-4A  4.73% 11/15/27   | GMF FLOORPLAN OWNER REVOLVING TRUST SER 2024-4A CL A1 REGD 144A P/P 4.73000000                 | CUSIP: 361886DQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     945000 | PA      | $955758.07     | 0.13%             | 2029-11-15      | Fixed         | 4.73%                 | Yes           |                  2 | On Loan: No      |
| HCA INC         DISC  08/14/25  | HCA INC_______________________  DISCOUNT COMMERCIAL PAPER 0.00000000                           | CUSIP: 40412BVE0<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    1000000 | PA      | $993850.00     | 0.14%             | 2025-08-14      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BX 2024-XL4 A V/R 02/15/26      | BX COMMERCIAL MORTGAGE TRUST 2024-XL4 SER 2024-XL4 CL A V/R REGD 144A P/P 5.75379000           | CUSIP: 05611VAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     867424 | PA      | $868505.67     | 0.12%             | 2039-02-15      | Variable      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BAE SYSTEMS PLC 5% 03/26/27     | BAE SYSTEMS PLC REGD 144A P/P 5.00000000                                                       | CUSIP: 05523RAH0<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | DBT              | CORP              | GB        |    4020000 | PA      | $4063793.00    | 0.56%             | 2027-03-26      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CTADL 2024- V/R 04/27/28 /GBP/  | CITADEL 2024-1 PLC SER 2024-1 CL A V/R REGD REG S /GBP/ 5.23640000                             | CUSIP: G214A0AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     814534 | PA      | $1121423.41    | 0.16%             | 2060-04-28      | Variable      | 5.24%                 | No            |                  2 | On Loan: No      |
| CNH 2024-A A3 4.77% 06/15/29    | CNH EQUIPMENT TRUST 2024-A SER 2024-A CL A3 REGD 4.77000000                                    | CUSIP: 18978FAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     479252 | PA      | $481641.12     | 0.07%             | 2029-06-15      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LL V/R 03/21/28  | BMW US CAPITAL LLC REGD V/R 144A P/P 5.32615200                                                | CUSIP: 05565ECX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $199442.95     | 0.03%             | 2028-03-21      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| F/C US 10YR NOTE (CBT)SEP25     | FUTURE CONTRACT ON           US 10YR NOTE (CBT)SEP25 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |        -88 | NC      | $-9867000.00   | -1.37%            |  |  |  | No            |                  1 | On Loan: No      |
| FNR 2024-103 FC V/R 01/25/55    | FANNIE MAE REMICS SER 2024-103 CL FC V/R 5.45517000                                            | CUSIP: 3136BUQH6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     936882 | PA      | $936189.56     | 0.13%             | 2055-01-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| FNR 2024-100 FA V/R 06/25/54    | FANNIE MAE REMICS SER 2024-100 CL FA V/R 5.40517000                                            | CUSIP: 3136BUFY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     687100 | PA      | $685906.74     | 0.10%             | 2054-06-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LL V/R 03/19/27  | BMW US CAPITAL LLC REGD V/R 144A P/P 5.18527400                                                | CUSIP: 05565ECV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     200000 | PA      | $200149.04     | 0.03%             | 2027-03-19      | Variable      | 5.19%                 | Yes           |                  2 | On Loan: No      |
| BRACN 2024- V/R 02/17/29 /GBP/  | BRACCAN MORTGAGE FUNDING 2024-1 PLC SER 2024-1 CL A V/R REGD REG S /GBP/ 5.06191000            | CUSIP: G12855AA3<br>LEI: 635400RGKRFPCFMYJF13 | Long             | ABS-CBDO         | CORP              | GB        |     747866 | PA      | $1029945.19    | 0.14%             | 2067-02-15      | Variable      | 5.06%                 | No            |                  2 | On Loan: No      |
| EFF 2023-1 A2 5.51% 03/20/26    | ENTERPRISE FLEET FINANCING 2023-1 LLC SER 2023-1 CL A2 REGD 144A P/P 5.51000000                | CUSIP: 29375CAB5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     249715 | PA      | $250492.85     | 0.03%             | 2029-01-22      | Fixed         | 5.51%                 | Yes           |                  2 | On Loan: No      |
| GSKY 2025-1A A 5.12% 03/25/60   | GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025-1 SER 2025-1A CL A2 REGD 144A P/P 5.12000000       | CUSIP: 39571NAB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     453413 | PA      | $454212.61     | 0.06%             | 2060-03-25      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| BERRY GLOBAL I 4.875% 07/15/26  | BERRY GLOBAL INC REGD 144A P/P 4.87500000                                                      | CUSIP: 085770AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     838000 | PA      | $836945.46     | 0.12%             | 2026-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| BX 2024-MF A V/R 02/15/26       | BX COMMERCIAL MORTGAGE TRUST 2024-MF SER 2024-MF CL A V/R REGD 144A P/P 5.75337000             | CUSIP: 05612EAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     947436 | PA      | $948916.73     | 0.13%             | 2039-02-15      | Variable      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| SCGC 2020-1 V/R 11/14/31 /EUR/  | SC GERMANY SA COMPARTMENT CONSUMER 2020-1 SER 2020-1 CL C V/R REGD REG S /EUR/ 3.64200000      | CUSIP: L81394AE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |      72699 | PA      | $86005.83      | 0.01%             | 2034-11-14      | Variable      | 3.64%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC V/R 07/24/28      | CITIGROUP INC REGD V/R 3.66800000                                                              | CUSIP: 172967LP4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1230365.18    | 0.17%             | 2028-07-24      | Variable      | 3.67%                 | No            |                  2 | On Loan: No      |
| F/C US 5YR NOTE (CBT) SEP25     | FUTURE CONTRACT ON           US 5YR NOTE (CBT) SEP25 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |       -189 | NC      | $-20601000.00  | -2.86%            |  |  |  | No            |                  1 | On Loan: No      |
| NORFOLK SOUTHERN 2.9% 06/15/26  | NORFOLK SOUTHERN CORP REGD 2.90000000                                                          | CUSIP: 655844BS6<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |    1255000 | PA      | $1237719.75    | 0.17%             | 2026-06-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MI V/R 11/07/25 /AUD/  | SUMITOMO MITSUI SYD VARIABLE__  SER TCD /AUD/ CTF OF DEPOSIT 4.92910000                        | CUSIP: Q8T94SWP0<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    2400000 | PA      | $1583872.12    | 0.22%             | 2025-11-07      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| US T BILL ZCP 03/19/26          | UNITED STATES TREASURY BILL ZCP 0.00000000                                                     | CUSIP: 912797PV3<br>LEI: N/A                  | Long             | STIV             | UST               | US        |   13000000 | PA      | $12631317.53   | 1.76%             | 2026-03-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CRVNA 2024-P3  4.61% 04/10/26   | CARVANA AUTO RECEIVABLES TRUST 2024-P3 SER 2024-P3 CL A2 REGD 4.61000000                       | CUSIP: 146919AB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     448943 | PA      | $448824.48     | 0.06%             | 2027-11-10      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| ALTRIA GROUP I 4.875% 02/04/28  | ALTRIA GROUP INC REGD 4.87500000                                                               | CUSIP: 02209SBS1<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1216321.20    | 0.17%             | 2028-02-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BSP 2015-8A A1AR V/R 01/20/31   | BENEFIT STREET PARTNERS CLO VIII LTD SER 2015-8A CL A1AR V/R REGD 144A P/P 5.63108000          | CUSIP: 08180XAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     225800 | PA      | $225992.52     | 0.03%             | 2031-01-20      | Variable      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| GMCAR 2023-4 A 5.78% 04/16/27   | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2023-4 SER 2023-4 CL A3 REGD 5.78000000     | CUSIP: 379930AD2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1000000 | PA      | $1011505.20    | 0.14%             | 2028-08-16      | Fixed         | 5.78%                 | No            |                  2 | On Loan: No      |
| SABINE PASS LIQUEF 5% 03/15/27  | SABINE PASS LIQUEFACTION REGD SER WI 5.00000000                                                | CUSIP: 785592AS5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3345000 | PA      | $3364816.85    | 0.47%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JAPAN TREASU ZCP 08/04/25/JPY/  | JAPAN TREASURY DISC BILL /JPY/ REGD ZCP SER 1303 0.00000000                                    | CUSIP: J2S39L8D9<br>LEI: N/A                  | Long             | STIV             | USGA              | JP        | 1500000000 | PA      | $10412125.97   | 1.45%             | 2025-08-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BBCMS 2024-5C 5.609% 12/15/29   | BBCMS MORTGAGE TRUST 2024-5C31 SER 2024-5C31 CL A3 REGD 5.60900000                             | CUSIP: 07336YAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     500000 | PA      | $518194.80     | 0.07%             | 2057-12-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| TOMMI 6 A V/R 07/18/36 /EUR/    | LT RAHOITUS 2025-1 DAC SER 6 CL A V/R REGD REG S /EUR/ 2.45100000                              | CUSIP: G571C0AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     530728 | PA      | $625419.04     | 0.09%             | 2036-07-18      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| N/A                             | GBP/USD FWD 20250804 000011553 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-30963.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHR 5560 FB V/R 06/25/55        | FREDDIE MAC REMICS SER 5560 CL FB V/R 5.30620000                                               | CUSIP: 3137HLZD7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     600000 | PA      | $589128.54     | 0.08%             | 2055-06-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| CSX CORP 2.6% 11/01/26          | CSX CORP REGD 2.60000000                                                                       | CUSIP: 126408HE6<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | DBT              | CORP              | US        |     680000 | PA      | $665367.61     | 0.09%             | 2026-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 07/22/26  | BANK OF AMERICA CORP REGD V/R MTN 4.82700000                                                   | CUSIP: 06051GLA5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    4000000 | PA      | $4000038.48    | 0.56%             | 2026-07-22      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| F&G GLOBAL FUND 1.75% 06/30/26  | F&G GLOBAL FUNDING REGD 144A P/P 1.75000000                                                    | CUSIP: 30321L2A9<br>LEI: 6354009CCUKJIZ7KFX73 | Long             | DBT              | CORP              | US        |    1900000 | PA      | $1846958.95    | 0.26%             | 2026-06-30      | Fixed         | 1.75%                 | Yes           |                  2 | On Loan: No      |
| TALNT 2025-1A  4.65% 05/25/38   | TOYOTA AUTO LOAN EXTENDED NOTE TRUST 2025-1 SER 2025-1A CL A REGD 144A P/P 4.65000000          | CUSIP: 891950AA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1596000 | PA      | $1617052.04    | 0.22%             | 2038-05-25      | Fixed         | 4.65%                 | Yes           |                  2 | On Loan: No      |
| MFRA 2021-RPL1 A V/R 07/25/60   | MFA 2021-RPL1 TRUST SER 2021-RPL1 CL A1 V/R REGD 144A P/P 1.13130000                           | CUSIP: 55283QAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     247439 | PA      | $224948.44     | 0.03%             | 2060-07-25      | Variable      | 1.13%                 | Yes           |                  2 | On Loan: No      |
| NATIONAL BANK OF  V/R 07/02/27  | NATIONAL BANK OF CANADA REGD V/R 5.37336900                                                    | CUSIP: 63307A2Z7<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |     900000 | PA      | $901956.40     | 0.13%             | 2027-07-02      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| GNR 2023-H12 FA V/R 05/20/73    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2023-H12 CL FA V/R 5.30185000                     | CUSIP: 38382Y5K5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1612885 | PA      | $1628340.67    | 0.23%             | 2073-05-20      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ  4.875% 07/31/26  | MERCEDES-BENZ FIN NA REGD 144A P/P 4.87500000                                                  | CUSIP: 58769JAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1120000 | PA      | $1125280.72    | 0.16%             | 2026-07-31      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| NEXTERA ENERGY 5.749% 09/01/25  | NEXTERA ENERGY CAPITAL REGD 5.74900000                                                         | CUSIP: 65339KBS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4980000 | PA      | $4987002.98    | 0.69%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BAYERISCHE LAND 4.3% 03/12/26   | BAYERISCHE LANDESBANK N Y_____  INSTL CTF OF DEPOSIT 4.30000000                                | CUSIP: 0727MDEK7<br>LEI: N/A                  | Long             | STIV             | CORP              | DE        |    4500000 | PA      | $4497642.00    | 0.62%             | 2026-03-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL 3.6% 08/12/27  | CATERPILLAR FINL SERVICE REGD MTN 3.60000000                                                   | CUSIP: 14913R3A3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1475000 | PA      | $1460360.89    | 0.20%             | 2027-08-12      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AUTOF 3 A V/R 12/25/46 /EUR/    | AUTOFLORENCE 3 SRL SER 3 CL A V/R REGD REG S /EUR/ 2.82100000                                  | CUSIP: T0R38AAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |     623478 | PA      | $737142.25     | 0.10%             | 2046-12-25      | Variable      | 2.82%                 | No            |                  2 | On Loan: No      |
| BSKY UK5 A V/R 04/20/31 /GBP/   | BAVARIAN SKY UK 5 PLC SER UK5 CL A V/R REGD REG S /GBP/ 4.83703000                             | CUSIP: G088A7AA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     267150 | PA      | $366852.18     | 0.05%             | 2031-04-20      | Variable      | 4.84%                 | No            |                  2 | On Loan: No      |
| FHR 5480 FG V/R 12/25/54        | FREDDIE MAC REMICS SER 5480 CL FG V/R 5.45517000                                               | CUSIP: 3137HHUD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     664874 | PA      | $663680.53     | 0.09%             | 2054-12-25      | Variable      | 5.46%                 | No            |                  2 | On Loan: No      |
| PONY 2024-1 V/R 08/14/28 /EUR/  | PONY SA SER 2024-1 CL B V/R REGD REG S /EUR/ 2.74200000                                        | CUSIP: L76451AK6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |     100000 | PA      | $117508.64     | 0.02%             | 2033-01-14      | Variable      | 2.74%                 | No            |                  2 | On Loan: No      |
| SMB 2023-A A1A 5.38% 01/15/53   | SMB PRIVATE EDUCATION LOAN TRUST 2023-A SER 2023-A CL A1A REGD 144A P/P 5.38000000             | CUSIP: 78450QAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     128630 | PA      | $130444.43     | 0.02%             | 2053-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ELM 2024-ELM A15 V/R 06/10/27   | ELM TRUST 2024-ELM SER 2024-ELM CL A15 V/R REGD 144A P/P 5.99423200                            | CUSIP: 26860XAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     800000 | PA      | $805960.16     | 0.11%             | 2039-06-10      | Variable      | 5.99%                 | Yes           |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 04/24/28  | BANK OF AMERICA CORP REGD V/R MTN 3.70500000                                                   | CUSIP: 06051GGL7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    1105000 | PA      | $1091766.55    | 0.15%             | 2028-04-24      | Variable      | 3.71%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA V/R 10/09/26       | DNB BANK ASA REGD V/R 144A P/P 5.89600000                                                      | CUSIP: 23341CAC7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |     600000 | PA      | $602195.14     | 0.08%             | 2026-10-09      | Variable      | 5.90%                 | Yes           |                  2 | On Loan: No      |
| CNH 2023-B A2 5.9% 07/15/25     | CNH EQUIPMENT TRUST 2023-B SER 2023-B CL A2 REGD 5.90000000                                    | CUSIP: 12666DAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      50620 | PA      | $50647.88      | 0.01%             | 2027-02-16      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BAN V/R 05/21/27  | GOLDMAN SACHS BANK USA REGD V/R 5.41400000                                                     | CUSIP: 38151LAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1030000 | PA      | $1038449.65    | 0.14%             | 2027-05-21      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BAN V/R 03/18/27  | GOLDMAN SACHS BANK USA REGD V/R SER BKNT 5.28300000                                            | CUSIP: 38151LAF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2110000 | PA      | $2121845.98    | 0.29%             | 2027-03-18      | Variable      | 5.28%                 | No            |                  2 | On Loan: No      |
| VMWARE LLC 1.4% 08/15/26        | VMWARE LLC REGD 1.40000000                                                                     | CUSIP: 928563AJ4<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |    1990000 | PA      | $1924612.76    | 0.27%             | 2026-08-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MDPK 2019-33A AR V/R 10/15/32   | MADISON PARK FUNDING XXXIII LTD SER 2019-33A CL AR V/R REGD 144A P/P 5.54610000                | CUSIP: 55819JAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     249774 | PA      | $250014.04     | 0.03%             | 2032-10-15      | Variable      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| STANDARD CHART  DISC  02/11/26  | STANDARD CHART  DISC  02/11/26 0.00000000                                                      | CUSIP: 85324UBB8<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    4000000 | PA      | $3894064.40    | 0.54%             | 2026-02-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL P 4.3% 01/15/26  | JERSEY CENTRAL PWR & LT REGD 144A P/P 4.30000000                                               | CUSIP: 476556DC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     300000 | PA      | $299399.64     | 0.04%             | 2026-01-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| HYUNDAI CAPITAL A V/R 01/08/27  | HYUNDAI CAPITAL AMERICA REGD V/R REG S 5.84734900                                              | CUSIP: 44891CCW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     900000 | PA      | $905391.05     | 0.13%             | 2027-01-08      | Variable      | 5.85%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC V/R 09/12/26  | HSBC HOLDINGS PLC REGD V/R 4.29200000                                                          | CUSIP: 404280BX6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     800000 | PA      | $799198.08     | 0.11%             | 2026-09-12      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKET 5.416% 05/17/27  | NATWEST MARKETS PLC REGD 144A P/P 5.41600000                                                   | CUSIP: 63906YAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     700000 | PA      | $714750.04     | 0.10%             | 2027-05-17      | Fixed         | 5.42%                 | Yes           |                  2 | On Loan: No      |
| AFUND 2024- V/R 09/20/61 /GBP/  | ATLAS FUNDING 2024-1 PLC SER 2024-1 CL A V/R REGD REG S /GBP/ 5.06703000                       | CUSIP: G061A7AC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     477875 | PA      | $657951.12     | 0.09%             | 2061-09-20      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA C V/R 01/20/27  | BANK OF AMERICA CORP REGD V/R 5.08000000                                                       | CUSIP: 06051GLE7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    3785000 | PA      | $3795979.26    | 0.53%             | 2027-01-20      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI T V/R 09/14/26  | SUMITOMO MITSUI TR BK LT REGD V/R 144A P/P 5.54615400                                          | CUSIP: 86563VBL2<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |     300000 | PA      | $302325.15     | 0.04%             | 2026-09-14      | Variable      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR C 3.522% 09/17/25  | NISSAN MOTOR CO REGD 144A P/P 3.52200000                                                       | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |     600000 | PA      | $596216.60     | 0.08%             | 2025-09-17      | Fixed         | 3.52%                 | Yes           |                  2 | On Loan: No      |
| HDMOT 2024-A A 5.65% 02/16/27   | HARLEY-DAVIDSON MOTORCYCLE TRUST 2024-A SER 2024-A CL A2 REGD 5.65000000                       | CUSIP: 412922AB2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     258812 | PA      | $259194.02     | 0.04%             | 2027-02-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| GNR 2022-5 FA V/R 01/20/52      | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2022-5 CL FA V/R 3.50000000                       | CUSIP: 38383FG98<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     764762 | PA      | $675348.54     | 0.09%             | 2052-01-20      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CAR 2023-1F V/R 06/21/27 /EUR/  | CARS ALLIANCE AUTO LEASES FRANCE V 2023-1 SER 2023-1FRV CL B V/R REGD REG S /EUR/ 3.19900000   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | FR        |     400000 | PA      | $473465.69     | 0.07%             | 2038-10-21      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP  V/R 09/12/25  | VOLKSWAGEN GROUP AMERICA REGD V/R 144A P/P 5.32725300                                          | CUSIP: 928668BY7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1000736.03    | 0.14%             | 2025-09-12      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS GRO V/R 04/23/28  | GOLDMAN SACHS GROUP INC REGD V/R 4.93700000                                                    | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    4835000 | PA      | $4872319.33    | 0.68%             | 2028-04-23      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| PACIFIC GAS & E 3.45% 07/01/25  | PACIFIC GAS & ELECTRIC REGD 3.45000000                                                         | CUSIP: 694308JL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1400000 | PA      | $1400000.00    | 0.19%             | 2025-07-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MBALT 2024-B A 4.57% 01/15/26   | MERCEDES-BENZ AUTO LEASE TRUST 2024-B SER 2024-B CL A2A REGD 4.57000000                        | CUSIP: 58769GAB9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     563246 | PA      | $563317.69     | 0.08%             | 2026-12-15      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| MIZUHO BANK V/R 09/14/26 /AUD/  | MIZUHO BANK LTD/SYDNEY________  VARIABLE SER TCD /AUD/ CTF OF DEPOSIT 4.56380000               | CUSIP: Q6S38K3F5<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |     500000 | PA      | $330384.70     | 0.05%             | 2026-09-14      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| GNR 2018-H18 FC V/R 08/20/65    | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2018-H18 CL FC V/R 4.79602000                     | CUSIP: 38380LMV2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     175520 | PA      | $175497.73     | 0.02%             | 2065-08-20      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| BX 2024-CNYN A V/R 04/15/41     | BX TRUST 2024-CNYN SER 2024-CNYN CL A V/R REGD 144A P/P 5.75363800                             | CUSIP: 05612HAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     129327 | PA      | $129607.17     | 0.02%             | 2041-04-15      | Variable      | 5.75%                 | Yes           |                  2 | On Loan: No      |
| FNR 2024-38 FA V/R 01/25/51     | FANNIE MAE REMICS SER 2024-38 CL FA V/R 5.15001000                                             | CUSIP: 3136BR4S3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     763510 | PA      | $763590.76     | 0.11%             | 2051-01-25      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| VIRIF 1 B V/R 10/28/40 /EUR/    | TAGUS - SOCIEDADE DE TITULARIZACAO DE CREDIT SER 1 CL B V/R REGD REG S /EUR/ 2.87900000        | CUSIP: X89368DW5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | PT        |     173848 | PA      | $203724.00     | 0.03%             | 2040-10-28      | Variable      | 2.88%                 | No            |                  2 | On Loan: No      |
| BACCT 2022-A2 A2 5% 11/15/25    | BA CREDIT CARD TRUST SER 2022-A2 CL A2 REGD 5.00000000                                         | CUSIP: 05522RDF2<br>LEI: 5493006DQ60M1CRKHH19 | Long             | ABS-CBDO         | CORP              | US        |    1485000 | PA      | $1487777.84    | 0.21%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH IN 4.4% 06/15/28  | L3HARRIS TECH INC REGD SER * 4.40000000                                                        | CUSIP: 502431AM1<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |     425000 | PA      | $426050.69     | 0.06%             | 2028-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CBRE SVCS INC DISC 07/24/25     | CBRE SVCS INC DISCOUNT________  COMMERCIAL PAPER 0.00000000                                    | CUSIP: 12610BUQ3<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     900000 | PA      | $897103.80     | 0.12%             | 2025-07-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| KCOT 2025-1A A 4.67% 11/15/28   | KUBOTA CREDIT OWNER TRUST 2025-1 SER 2025-1A CL A3 REGD 144A P/P 4.67000000                    | CUSIP: 50117FAC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     599000 | PA      | $606836.90     | 0.08%             | 2029-06-15      | Fixed         | 4.67%                 | Yes           |                  2 | On Loan: No      |
| JAPAN TREASU ZCP 07/10/25/JPY/  | JAPAN TREASURY DISC BILL /JPY/ REGD ZCP SER 1279 0.00000000                                    | CUSIP: J2S39L6C3<br>LEI: N/A                  | Long             | STIV             | USGA              | JP        | 1000000000 | PA      | $6943467.24    | 0.96%             | 2025-07-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                             | EUR/USD FWD 20250917 000004066 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-226494.55    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| CITZN 2023-1 A 5.84% 06/15/26   | CITIZENS AUTO RECEIVABLES TRUST 2023-1 SER 2023-1 CL A3 REGD 144A P/P 5.84000000               | CUSIP: 17331KAD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1411956 | PA      | $1420966.92    | 0.20%             | 2028-01-18      | Fixed         | 5.84%                 | Yes           |                  2 | On Loan: No      |
| SYDNEY AIRPORT 3.625% 04/28/26  | SYDNEY AIRPORT FINANCE REGD REG S 3.62500000                                                   | CUSIP: Q8809VAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    1700000 | PA      | $1686673.51    | 0.23%             | 2026-04-28      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BAT INTL FINAN 1.668% 03/25/26  | BAT INTL FINANCE PLC REGD 1.66800000                                                           | CUSIP: 05530QAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    2700000 | PA      | $2643845.08    | 0.37%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC 1.5% 02/15/26  | T-MOBILE USA INC REGD SER WI 1.50000000                                                        | CUSIP: 87264ABZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     540000 | PA      | $529331.91     | 0.07%             | 2026-02-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| F/C 3 MONTH SOFR FUT  MAR26     | FUTURE CONTRACT ON           3 MONTH SOFR FUT  MAR26 0.00000000                                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |        239 | NC      | $57718500.00   | 8.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HART 2024-C A3 4.41% 05/15/29   | HYUNDAI AUTO RECEIVABLES TRUST 2024-C SER 2024-C CL A3 REGD 4.41000000                         | CUSIP: 448976AD2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1921000 | PA      | $1930477.06    | 0.27%             | 2029-05-15      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY V/R 10/18/28     | MORGAN STANLEY REGD V/R 6.29600000                                                             | CUSIP: 61747YEV3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    1265000 | PA      | $1317325.04    | 0.18%             | 2028-10-18      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC 5.25% 04/05/27     | ENBRIDGE INC REGD 5.25000000                                                                   | CUSIP: 29250NCA1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    1295000 | PA      | $1313849.96    | 0.18%             | 2027-04-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COU 0% 07/29/2025  | ALIMENTATION COUCHE-TARD INC__  DISCOUNT COMMERCIAL PAPER 0.00000000                           | CUSIP: 01626UUV5<br>LEI: N/A                  | Long             | STIV             | CORP              | CA        |     800000 | PA      | $796976.64     | 0.11%             | 2025-07-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| RNBAI 2 A1 V/R 02/28/28 /EUR/   | RED & BLACK AUTO ITALY SRL SER 2 CL A1 V/R REGD REG S /EUR/ 2.92900000                         | CUSIP: T7S2BUAF8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IT        |     423877 | PA      | $501552.33     | 0.07%             | 2034-07-28      | Variable      | 2.93%                 | No            |                  2 | On Loan: No      |
| CIART 2023- V/R 12/15/32 /EUR/  | CITIZEN IRISH AUTO RECEIVABLES TRUST  SER 2023-1 CL B V/R REGD REG S /EUR/ 3.37200000          | CUSIP: G215B3AC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     121000 | PA      | $143284.94     | 0.02%             | 2032-12-15      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDI 3.7% 08/01/25  | SOUTHERN CAL EDISON REGD SER E 3.70000000                                                      | CUSIP: 842400GN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7905000 | PA      | $7895088.79    | 1.10%             | 2025-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY V/R 11/16/27   | DEUTSCHE BANK NY REGD V/R 5.58889200                                                           | CUSIP: 251526CN7<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |     500000 | PA      | $500007.63     | 0.07%             | 2027-11-16      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| NOMURA HOLDING 5.709% 01/09/26  | NOMURA HOLDINGS INC REGD 5.70900000                                                            | CUSIP: 65535HBG3<br>LEI: 549300B3CEAHYG7K8164 | Long             | DBT              | CORP              | JP        |    1200000 | PA      | $1206119.57    | 0.17%             | 2026-01-09      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA IN 2.25% 02/15/26  | T-MOBILE USA INC REGD 2.25000000                                                               | CUSIP: 87264ABR5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6270000 | PA      | $6172919.71    | 0.86%             | 2026-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| STAR 2021-2 A1 V/R 05/25/65     | STARWOOD MORTGAGE RESIDENTIAL TRUST 2021-2 SER 2021-2 CL A1 V/R REGD 144A P/P 0.94300000       | CUSIP: 85573HAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     146244 | PA      | $136933.21     | 0.02%             | 2065-05-25      | Variable      | 0.94%                 | Yes           |                  2 | On Loan: No      |
| BURBERRY  1.125% 09/21/25/GBP/  | BURBERRY GROUP PLC /GBP/ REGD REG S 1.12500000                                                 | CUSIP: G1700DAA3<br>LEI: 213800PE1KEFCNFR1R50 | Long             | DBT              | CORP              | GB        |     800000 | PA      | $1088807.91    | 0.15%             | 2025-09-21      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS P V/R 05/17/27  | NATWEST MARKETS PLC REGD V/R 144A P/P 5.27024900                                               | CUSIP: 63906YAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    1000000 | PA      | $1004357.81    | 0.14%             | 2027-05-17      | Variable      | 5.27%                 | Yes           |                  2 | On Loan: No      |
| AT&T INC 2.95% 07/15/26         | AT&T INC REGD 2.95000000                                                                       | CUSIP: 00206RHV7<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    1410000 | PA      | $1388454.73    | 0.19%             | 2026-07-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| NTT FINANCE CO 1.162% 04/03/26  | NTT FINANCE CORP REGD 144A P/P 1.16200000                                                      | CUSIP: 62954WAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    3585000 | PA      | $3496979.47    | 0.49%             | 2026-04-03      | Fixed         | 1.16%                 | Yes           |                  2 | On Loan: No      |
| ONEOK INC 5.55% 11/01/26        | ONEOK INC REGD 5.55000000                                                                      | CUSIP: 682680BH5<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    2220000 | PA      | $2250390.56    | 0.31%             | 2026-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| GMCAR 2024-4 A 4.53% 07/16/26   | GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2024-4 SER 2024-4 CL A2A REGD 4.53000000    | CUSIP: 38014AAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     767391 | PA      | $767417.88     | 0.11%             | 2027-10-18      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| BX 2024-XL5 A V/R 03/15/26      | BX COMMERCIAL MORTGAGE TRUST 2024-XL5 SER 2024-XL5 CL A V/R REGD 144A P/P 5.70341000           | CUSIP: 05612GAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     341916 | PA      | $342236.28     | 0.05%             | 2041-03-15      | Variable      | 5.70%                 | Yes           |                  2 | On Loan: No      |
| FORDF 2023-1 A2 V/R 05/15/26    | FORD CREDIT FLOORPLAN MASTER OWNER TRUST A SER 2023-1 CL A2 V/R REGD 144A P/P 5.55385000       | CUSIP: 34528QHW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1290000 | PA      | $1298052.83    | 0.18%             | 2028-05-15      | Variable      | 5.55%                 | Yes           |                  2 | On Loan: No      |
| CARMX 2023-4 A3 6% 04/15/27     | CARMAX AUTO OWNER TRUST 2023-4 SER 2023-4 CL A3 REGD 6.00000000                                | CUSIP: 14318XAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1600000 | PA      | $1622986.72    | 0.23%             | 2028-07-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GNR 2024-13 FA V/R 01/20/54     | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2024-13 CL FA V/R 5.25185000                      | CUSIP: 38384GP87<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     139704 | PA      | $140272.61     | 0.02%             | 2054-01-20      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FNR 2016-3 FB V/R 02/25/46      | FANNIE MAE REMICS SER 2016-3 CL FB V/R 4.76965000                                              | CUSIP: 3136ARHT8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     684326 | PA      | $680213.10     | 0.09%             | 2046-02-25      | Variable      | 4.77%                 | No            |                  2 | On Loan: No      |
| GMALT 2025-2 A 4.55% 07/20/27   | GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-2 SER 2025-2 CL A2A REGD 4.55000000                 | CUSIP: 362962AB8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     800000 | PA      | $801956.00     | 0.11%             | 2027-07-20      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FIAR 2 A V/R 11/14/34 /EUR/     | FINANCE IRELAND AUTO RECEIVABLES NO 2 DAC SER 2 CL A V/R REGD REG S /EUR/ 2.57200000           | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | IE        |     929058 | PA      | $1095417.95    | 0.15%             | 2034-11-14      | Variable      | 2.57%                 | No            |                  2 | On Loan: No      |
| HERTZ 2023-1A  5.49% 06/25/26   | HERTZ VEHICLE FINANCING III LLC SER 2023-1A CL A REGD 144A P/P 5.49000000                      | CUSIP: 42806MBS7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1700000 | PA      | $1708601.66    | 0.24%             | 2027-06-25      | Fixed         | 5.49%                 | Yes           |                  2 | On Loan: No      |
| UNITED PARCEL S 3.05% 11/15/27  | UNITED PARCEL SERVICE REGD 3.05000000                                                          | CUSIP: 911312BM7<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | DBT              | CORP              | US        |    1180000 | PA      | $1153719.67    | 0.16%             | 2027-11-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY DISC 07/29/25    | NEXTERA ENERGY CAP HLDGS INC__  DISCOUNT COMMERCIAL PAPER 0.00000000                           | CUSIP: 65339MUV6<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |     900000 | PA      | $896662.71     | 0.12%             | 2025-07-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ANORI 2023- V/R 09/30/41 /EUR/  | AUTONORIA SPAIN 2023 FT SER 2023-SP CL B V/R REGD REG S /EUR/ 3.03900000                       | CUSIP: E7827LAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | ES        |      67651 | PA      | $79929.96      | 0.01%             | 2041-09-30      | Variable      | 3.04%                 | No            |                  2 | On Loan: No      |
| STAR 2020-INV1 A V/R 11/25/55   | STARWOOD MORTGAGE RESIDENTIAL TRUST 2020-INV SER 2020-INV1 CL A1 V/R REGD 144A P/P 1.02700000  | CUSIP: 85573EAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      56181 | PA      | $53019.28      | 0.01%             | 2055-11-25      | Variable      | 1.03%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORP 3.25% 11/15/27      | ORACLE CORP REGD 3.25000000                                                                    | CUSIP: 68389XBN4<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1075111.94    | 0.15%             | 2027-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDI 6.125% 10/06/28  | GLENCORE FUNDING LLC REGD 144A P/P 6.12500000                                                  | CUSIP: 378272BN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1935000 | PA      | $2024117.59    | 0.28%             | 2028-10-06      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| LANDESBANK HESS 4.33% 03/12/26  | LANDESBANK HESSEN-THURINGEN___  GIROZENTRALE INSTL CTF OF DEPOSIT 4.33000000                   | CUSIP: 51500XQN8<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    4000000 | PA      | $3999521.20    | 0.56%             | 2026-03-12      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| BLCON 2024- V/R 03/25/27 /EUR/  | COMPARTMENT BL CONSUMER CREDIT 2024 SER 2024-1 CL A V/R REGD /EUR/ 2.50100000                  | CUSIP: L1089JAJ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |     321000 | PA      | $378116.65     | 0.05%             | 2041-09-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| BPCE SA V/R 09/29/25/AUD/       | BPCE SA /AUD/ REGD V/R REG S MTN 4.95370000                                                    | CUSIP: F1883F8S2<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |     600000 | PA      | $395644.22     | 0.05%             | 2025-09-29      | Variable      | 4.95%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY 5.882% 10/30/26  | MORGAN STANLEY BANK NA REGD SER BKNT 5.88200000                                                | CUSIP: 61690U7W4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1465000 | PA      | $1495767.40    | 0.21%             | 2026-10-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HAROT 2024-1 A 5.36% 08/15/25   | HONDA AUTO RECEIVABLES 2024-1 OWNER TRUST SER 2024-1 CL A2 REGD 5.36000000                     | CUSIP: 437918AB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     454728 | PA      | $455257.44     | 0.06%             | 2026-09-15      | Fixed         | 5.36%                 | No            |                  2 | On Loan: No      |
| NATIONAL AUSTRA 4.75% 12/10/25  | NATIONAL AUSTRALIA BK/NY REGD 4.75000000                                                       | CUSIP: 63253QAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    1450000 | PA      | $1452184.53    | 0.20%             | 2025-12-10      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CAR 2023-1F V/R 06/21/27 /EUR/  | CARS ALLIANCE AUTO LEASES FRANCE V 2023-1 SER 2023-1FRV CL A V/R REGD REG S /EUR/ 2.54900000   | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | FR        |     563610 | PA      | $664771.55     | 0.09%             | 2038-10-21      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| HART 2024-B A3 4.84% 11/15/27   | HYUNDAI AUTO RECEIVABLES TRUST 2024-B SER 2024-B CL A3 REGD 4.84000000                         | CUSIP: 44934QAD3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1787000 | PA      | $1805058.71    | 0.25%             | 2029-03-15      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| FORDO 2022-D A 5.27% 02/15/26   | FORD CREDIT AUTO OWNER TRUST 2022-D SER 2022-D CL A3 REGD 5.27000000                           | CUSIP: 345295AD1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      44277 | PA      | $44413.34      | 0.01%             | 2027-05-17      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| N/A                             | AUD/USD FWD 20250702 000006038 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $12023.41      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                             | AUD/USD FWD 20250702 000011553 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $-214323.15    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| BAYERISCHE LANDE 4.6% 08/28/25  | BAYERISCHE LANDESBANK N Y_____  INSTL CTF OF DEPOSIT_ 4.60000000                               | CUSIP: 0727MC7E1<br>LEI: N/A                  | Long             | STIV             | CORP              | DE        |    4000000 | PA      | $4000253.20    | 0.56%             | 2025-08-28      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| KORIT 1 A V/R 02/26/35 /EUR/    | KOROMO ITALY SRL SER 1 CL A V/R REGD REG S /EUR/ 2.73400000                                    | CUSIP: T6S354AB2<br>LEI: 81560083FAFE62C1AD53 | Long             | ABS-CBDO         | CORP              | IT        |     104468 | PA      | $123130.78     | 0.02%             | 2035-02-26      | Variable      | 2.73%                 | No            |                  2 | On Loan: No      |
| SMB 2017-A A2B V/R 09/15/34     | SMB PRIVATE EDUCATION LOAN TRUST 2017-A SER 2017-A CL A2B V/R REGD 144A P/P 5.32624000         | CUSIP: 78448WAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      69365 | PA      | $69377.84      | 0.01%             | 2034-09-15      | Variable      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| AMERICAN EXPRESS  V/R 07/28/27  | AMERICAN EXPRESS CO REGD V/R 5.32514300                                                        | CUSIP: 025816DJ5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    1000000 | PA      | $1003670.27    | 0.14%             | 2027-07-28      | Variable      | 5.33%                 | No            |                  2 | On Loan: No      |
| METR 2024-1 V/R 09/17/30 /AUD/  | METRO FINANCE 2024-1 TRUST SER 2024-1 CL A V/R REGD /AUD/ 4.97100000                           | CUSIP: Q744G8AA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | AU        |     374778 | PA      | $247190.36     | 0.03%             | 2030-09-17      | Variable      | 4.97%                 | No            |                  2 | On Loan: No      |
| COMET 2022-A3  4.95% 10/15/25   | CAPITAL ONE MULTI-ASSET EXECUTION TRUST SER 2022-A3 CL A REGD 4.95000000                       | CUSIP: 14041NGB1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     535000 | PA      | $535619.32     | 0.07%             | 2027-10-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP 2.65% 07/15/26      | ORACLE CORP REGD 2.65000000                                                                    | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    3490000 | PA      | $3427185.48    | 0.48%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DEFT 2024-2 A2 4.69% 08/22/30   | DELL EQUIPMENT FINANCE TRUST 2024-2 SER 2024-2 CL A2 REGD 144A P/P 4.69000000                  | CUSIP: 24704EAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1500000 | PA      | $1501065.15    | 0.21%             | 2030-08-22      | Fixed         | 4.69%                 | Yes           |                  2 | On Loan: No      |
| FNR 2024-95 KF V/R 12/25/54     | FANNIE MAE REMICS SER 2024-95 CL KF V/R 5.40517000                                             | CUSIP: 3136BTS53<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     368009 | PA      | $367687.04     | 0.05%             | 2054-12-25      | Variable      | 5.41%                 | No            |                  2 | On Loan: No      |
| AT&T INC 2.3% 06/01/27          | AT&T INC REGD SER * 2.30000000                                                                 | CUSIP: 00206RJX1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    3045000 | PA      | $2935412.03    | 0.41%             | 2027-06-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| HUMANA INC 1.35% 02/03/27       | HUMANA INC REGD 1.35000000                                                                     | CUSIP: 444859BQ4<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     900000 | PA      | $860739.49     | 0.12%             | 2027-02-03      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| TSET 2024-1A A 5.08% 09/20/29   | TESLA SUSTAINABLE ENERGY TRUST 2024-1 SER 2024-1A CL A2 REGD 144A P/P 5.08000000               | CUSIP: 88164AAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     483345 | PA      | $484907.05     | 0.07%             | 2050-06-21      | Fixed         | 5.08%                 | Yes           |                  2 | On Loan: No      |
| FHR 5546 FB V/R 06/25/55        | FREDDIE MAC REMICS SER 5546 CL FB V/R 5.30517000                                               | CUSIP: 3137HLME9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1375062 | PA      | $1379193.74    | 0.19%             | 2055-06-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| BAAT 2023-2A A 5.85% 08/17/26   | BANK OF AMERICA AUTO TRUST 2023-2 SER 2023-2A CL A2 REGD 144A P/P 5.85000000                   | CUSIP: 06054YAB3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      20835 | PA      | $20846.12      | 0.00%             | 2026-08-17      | Fixed         | 5.85%                 | Yes           |                  2 | On Loan: No      |
| HCA INC V/R 03/01/28            | HCA INC REGD V/R 5.25681700                                                                    | CUSIP: 404119CX5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     700000 | PA      | $704023.29     | 0.10%             | 2028-03-01      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| DRSLF 2017-49A A V/R 07/18/30   | DRYDEN 49 SENIOR LOAN FUND SER 2017-49A CL AR V/R REGD 144A P/P 5.48108000                     | CUSIP: 26244QAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     559950 | PA      | $559970.13     | 0.08%             | 2030-07-18      | Variable      | 5.48%                 | Yes           |                  2 | On Loan: No      |
| GMALT 2024-3 A 4.29% 04/20/26   | GM FINANCIAL AUTOMOBILE LEASING TRUST 2024-3 SER 2024-3 CL A2A REGD 4.29000000                 | CUSIP: 38012QAB4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    1516184 | PA      | $1514309.00    | 0.21%             | 2027-01-20      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SP 7% 11/21/25  | INTESA SANPAOLO SPA REGD 144A P/P 7.00000000                                                   | CUSIP: 46115HBU0<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    1000000 | PA      | $1007865.98    | 0.14%             | 2025-11-21      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP 3.15% 03/01/26     | COMCAST CORP REGD 3.15000000                                                                   | CUSIP: 20030NBS9<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    1402000 | PA      | $1390688.30    | 0.19%             | 2026-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TPMF 2024-G V/R 10/20/29 /GBP/  | TOWD POINT MORTGAGE FUNDING 2024 - GRA SER 2024-GR6A CL A1 V/R REGD 144A P/P /GBP/ 5.23627000  | CUSIP: N/A<br>LEI: N/A                        | Long             | ABS-CBDO         | CORP              | GB        |     772579 | PA      | $1062262.30    | 0.15%             | 2053-07-20      | Variable      | 5.24%                 | Yes           |                  2 | On Loan: No      |
| N/A                             | JPY/USD FWD 20250804 000004066 USD                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |          1 | NC      | $133522.90     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MSC 2019-PLND A V/R 05/15/21    | MORGAN STANLEY CAPITAL I TRUST 2019-PLND SER 2019-PLND CL A V/R REGD 144A P/P 5.42648000       | CUSIP: 61691XAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     700000 | PA      | $430500.00     | 0.06%             | 2036-05-15      | Variable      | 5.43%                 | Yes           |                  2 | On Loan: No      |
| VALET 2023-2 A 5.72% 10/20/25   | VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2023-2 SER 2023-2 CL A2A REGD 5.72000000                   | CUSIP: 92867YAB0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     356903 | PA      | $357772.88     | 0.05%             | 2027-03-22      | Fixed         | 5.72%                 | No            |                  2 | On Loan: No      |
| CCCIT 2018-A5 A5 V/R 08/07/25   | CITIBANK CREDIT CARD ISSUANCE TRUST SER 2018-A5 CL A5 V/R REGD 5.03582000                      | CUSIP: 17305EGP4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     900000 | PA      | $900434.25     | 0.13%             | 2027-08-07      | Variable      | 5.04%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICAT 3% 03/22/27  | VERIZON COMMUNICATIONS REGD 3.00000000                                                         | CUSIP: 92343VFF6<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    1370000 | PA      | $1342524.38    | 0.19%             | 2027-03-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                             | IRS RSOFRP03.62 11/30/29 WFSLUS33XXX FLOAT                                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |          1 | NC      | $-764596.94    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| CARMX 2025-2 A 4.59% 03/15/27   | CARMAX AUTO OWNER TRUST 2025-2 SER 2025-2 CL A2A REGD 4.59000000                               | CUSIP: 14320AAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    2000000 | PA      | $2006487.60    | 0.28%             | 2028-07-17      | Fixed         | 4.59%                 | No            |                  2 | On Loan: No      |
| FORDR 2025-1 A V/R 02/15/30     | FORD CREDIT AUTO OWNER TRUST/FORD CREDIT SER 2025-1 CL A V/R REGD 144A P/P 4.86000000          | CUSIP: 34532MAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     960000 | PA      | $978969.50     | 0.14%             | 2037-08-15      | Variable      | 4.86%                 | Yes           |                  2 | On Loan: No      |
| BATLN 2020-18A A V/R 10/15/36   | BATTALION CLO 18 LTD SER 2020-18A CL AR V/R REGD 144A P/P 5.71771000                           | CUSIP: 07134QAN6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $1000503.00    | 0.14%             | 2036-10-15      | Variable      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| CHESH 2020- V/R 08/20/25 /GBP/  | CHESHIRE 2020-1 PLC SER 2020-1 CL A V/R REGD REG S /GBP/ 5.12171000                            | CUSIP: G2R3Z7AC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | GB        |     254480 | PA      | $349386.56     | 0.05%             | 2045-08-20      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| NRZT 2021-NQ2R A V/R 10/25/58   | NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021- SER 2021-NQ2R CL A1 V/R REGD 144A P/P 0.94054000     | CUSIP: 64831EAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     266225 | PA      | $253453.84     | 0.04%             | 2058-10-25      | Variable      | 0.94%                 | Yes           |                  2 | On Loan: No      |
| ORACLE CORP 1.65% 03/25/26      | ORACLE CORP REGD 1.65000000                                                                    | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    2690000 | PA      | $2634832.89    | 0.37%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| VALET 2023-2 A2B V/R 10/20/25   | VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2023-2 SER 2023-2 CL A2B V/R REGD 4.93185000               | CUSIP: 92867YAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     977915 | PA      | $978587.72     | 0.14%             | 2027-03-22      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC V/R 10/27/28      | CITIGROUP INC REGD V/R 3.52000000                                                              | CUSIP: 172967LS8<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    1670000 | PA      | $1635252.21    | 0.23%             | 2028-10-27      | Variable      | 3.52%                 | No            |                  2 | On Loan: No      |
| ROCKT 2017-3A A V/R 10/20/30    | ROCKFORD TOWER CLO 2017-3 LTD SER 2017-3A CL A V/R REGD 144A P/P 5.72108000                    | CUSIP: 77341DAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      65766 | PA      | $65871.96      | 0.01%             | 2030-10-20      | Variable      | 5.72%                 | Yes           |                  2 | On Loan: No      |
| CRVNA 2023-P5  5.77% 09/10/25   | CARVANA AUTO RECEIVABLES TRUST 2023-P5 SER 2023-P5 CL A2 REGD 144A P/P 5.77000000              | CUSIP: 14687RAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      34861 | PA      | $34872.47      | 0.00%             | 2027-04-12      | Fixed         | 5.77%                 | Yes           |                  2 | On Loan: No      |
| VOYA 2017-2A A1R V/R 06/07/30   | VOYA CLO 2017-2 SER 2017-2A CL A1R V/R REGD 144A P/P 5.49771000                                | CUSIP: 92915UAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      34206 | PA      | $34211.41      | 0.00%             | 2030-06-07      | Variable      | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SMB 2020-A A2B V/R 02/15/29     | SMB PRIVATE EDUCATION LOAN TRUST 2020-A SER 2020-A CL A2B V/R REGD 144A P/P 5.25624000         | CUSIP: 78449UAC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     288253 | PA      | $287982.98     | 0.04%             | 2037-09-15      | Variable      | 5.26%                 | Yes           |                  2 | On Loan: No      |
| PONY 2024-1 V/R 08/14/28 /EUR/  | PONY SA SER 2024-1 CL A V/R REGD REG S /EUR/ 2.41200000                                        | CUSIP: L76451AJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |     704095 | PA      | $829223.79     | 0.12%             | 2033-01-14      | Variable      | 2.41%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Six Circles Trust

**Signature:** Tricia Larkin

**Name of Signer:** Tricia Larkin

**Title:** Treasurer/Principal Financial Officer