# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-26-002599
**Filing Date:** 2026-4
**Character Count:** 131567
**Document Hash:** 1dcd2329ec6b748567df7cf4e145d8cf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-002599.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000035402-26-002599

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 26895413

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity Preferred Securities & Income ETF (Series ID: S000072125)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000227886 | Fidelity Preferred Securities & Income ETF | FPFD            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Covington Trust

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Preferred Securities and Income ETF

- **b. EDGAR series identifier (if any):** S000072125

- **c. LEI of Series:** 549300ECXORNOGQYEX95

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

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

- **b. Date as of which information is reported:** 2026-02-28

**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:** $82434175.73

**Total Liabilities:** $338356.27

**Net Assets:** $82095819.46

**Cash Not Reported:** $57.24

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 234.51874000 | **1-Year:** 1798.32965460 | **5-Year:** 6034.44605400 | **10-Year:** 5619.01204790 | **30-Year:** 3508.50848690

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

- **3-Month:** 98.58575290 | **1-Year:** 1106.11402960 | **5-Year:** 1526.83755420 | **10-Year:** 1195.87299560 | **30-Year:** 1287.60743830

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227886 | 0.36%                | 1.03%                | 0.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $26024.80                | $-197482.81                                |
| Month 2  | $7472.58                 | $476564.09                                 |
| Month 3  | $7614.29                 | $49785.16                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity Revere Street Trust                              | Fidelity Cash Central Fund                                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   4766486 | NS      | $4767439.09   | 5.81%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                                               | METLIFE INC 6.4%/VAR 12/15/2066                                         | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    319000 | PA      | $333766.83    | 0.41%             | 2066-12-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                               | METLIFE INC 10.75% 08/01/2069                                           | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    128000 | PA      | $169562.37    | 0.21%             | 2069-08-01      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 6.375/VAR PREF PERP                                      | CUSIP: 61761J406<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |      6400 | NS      | $161856.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 6.875% PFD PERP                                          | CUSIP: 61763E207<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |       600 | NS      | $15198.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST II                                              | SCE TRUST II 5.1% PFD PERP                                              | CUSIP: 78407R204<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      8331 | NS      | $158955.48    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST                                      | VORNADO RLTY SR L 5.4% PFD PRP                                          | CUSIP: 929042844<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      8800 | NS      | $154792.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY NEW ORLEANS LLC                                   | ENTERGY NEW ORLEANS INC 5.5% PFD 4/1/2066 25                            | CUSIP: 29364P103<br>LEI: 1Q8BAFRNDFTDI3IGJH73 | Long             | EP               | CORP              | US        |      7400 | NS      | $167462.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP                                       | CHARLES SCHWAB CORP NEW 5.95% PFD PERP                                  | CUSIP: 808513600<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |      4300 | NS      | $107930.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 6.25%/VAR PERP                                            | CUSIP: 172967KM2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    230000 | PA      | $231060.76    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                         | STATECRP 5.35%/VAR PFD PERP                                             | CUSIP: 857477855<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |      1000 | NS      | $22990.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERA INC                                                 | EMERA INC 6.75%/VAR 06/15/2076                                          | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $125625.88    | 0.15%             | 2076-06-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| DAI-ICHI LIFE INSURANCE CO LTD                            | DAI-ICHI LIFE INSURANCE CO LTD 4%/VAR PERP 144A                         | CUSIP: 23380YAD9<br>LEI: 3538001235ACEIORUV72 | Long             | EP               | CORP              | JP        |    200000 | PA      | $199755.92    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 5.3%/VAR PERP                             | CUSIP: 38148BAC2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |     79000 | PA      | $79457.41     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORP                                       | NORTHERN TRUST CORP 4.6%/VAR PERP                                       | CUSIP: 665859AQ7<br>LEI: 549300GLF98S992BC502 | Long             | EP               | CORP              | US        |    155000 | PA      | $155060.76    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANSCANADA TRUST                                         | TRANSCANADA TRUST 5.875%/VAR 08/15/2076                                 | CUSIP: 89356BAB4<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    129000 | PA      | $129281.35    | 0.16%             | 2076-08-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| QWEST CORPORATION                                         | QWEST CORPORATION 6.5% 09/01/56 PFD                                     | CUSIP: 74913G881<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |      5900 | NS      | $113339.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY ARKANSAS LLC                                      | ENTERGY ARK 4.875% PFD 9/1/66                                           | CUSIP: 29364D100<br>LEI: KYX6QEFGFXUFFAWLGG05 | Long             | EP               | CORP              | US        |      8600 | NS      | $181804.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY LOUISIANA LLC                                     | ENTERGY LA 4.875% PFD 9/1/66                                            | CUSIP: 29364W108<br>LEI: 0V5453U14HDZO63CGH17 | Long             | EP               | CORP              | US        |      1000 | NS      | $20600.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY MISSISSIPPI LLC                                   | ENTERGY MISS 4.9% PFD 10/1/66                                           | CUSIP: 29364N108<br>LEI: FKUZOUT82DOBGXFS6K20 | Long             | EP               | CORP              | US        |      8600 | NS      | $179138.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| M and T BANK CORP                                         | M and T BANK CORP 5.125%/VAR PERP                                       | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     50000 | PA      | $50048.30     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| AXIS CAPITAL HOLDINGS LTD                                 | AXIS CAP HLDGS 5.5% PFD PERP                                            | CUSIP: 05461T305<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EP               | CORP              | BM        |      2800 | NS      | $57064.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ENBRIDGE INC                                              | ENBRIDGE INC 6%/VAR 01/15/2077                                          | CUSIP: 29250NAN5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EP               | CORP              | CA        |     68000 | PA      | $68518.36     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 5.85% PFD PERP                                           | CUSIP: 61762V606<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     30700 | NS      | $761360.00    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP DEL 5.3%/VAR PERP                                            | CUSIP: 902973AZ9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    170000 | PA      | $170562.87    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                          | PARAMOUNT GLOBAL 6.25%/VAR 02/28/2057                                   | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     80000 | PA      | $62024.00     | 0.08%             | 2057-02-28      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSCANADA TRUST                                         | TRANSCANADA TRUST 5.3%/VAR 03/15/2077                                   | CUSIP: 89356BAC2<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    161000 | PA      | $161624.68    | 0.20%             | 2077-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| KEYCORP                                                   | KEYCORP 5%/VAR PERP                                                     | CUSIP: 493267AK4<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |    155000 | PA      | $154550.52    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW SER Y 5.625% PFD                                 | CUSIP: 94988U656<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     19600 | NS      | $484120.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORPORATION                                         | QWEST CORPORATION 6.75% PFD 6/15/57                                     | CUSIP: 74913G873<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |      7400 | NS      | $146594.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST VI                                              | SCE TRUST VI 5% PFD PERP                                                | CUSIP: 78410V200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     18775 | NS      | $346398.75    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ENBRIDGE INC                                              | ENBRIDGE INC 5.5%/VAR 07/15/2077                                        | CUSIP: 29250NAS4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EP               | CORP              | CA        |    126000 | PA      | $126545.08    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE SER G 5.05% PFD PERP                                     | CUSIP: 74460W669<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      2600 | NS      | $54028.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                         | ENTERPRISE PRODS OPER LLC 4.875%/VAR 08/16/2077                         | CUSIP: 29379VBM4<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     33000 | PA      | $32917.90     | 0.04%             | 2077-08-16      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                         | ENTERPRISE PRODS OPER LLC 5.25%/VAR 08/16/2077                          | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    126000 | PA      | $126100.80    | 0.15%             | 2077-08-16      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                                    | ARCH CAPITAL GR 5.45% PFD PERP                                          | CUSIP: 03939A107<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EP               | CORP              | BM        |      2000 | NS      | $41460.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO LIFE INS CO                                      | SUMITOMO LIFE INS CO 4%/VAR 09/14/2077 144A                             | CUSIP: 86564CAB6<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    270000 | PA      | $267862.22    | 0.33%             | 2077-09-14      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST INC                                  | DIGITAL RLTY TR INC 5.25% PFD PERP                                      | CUSIP: 253868855<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |      4350 | NS      | $91263.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC 4.5%/VAR 09/15/2047                                 | CUSIP: 744320AW2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123145.83    | 0.15%             | 2047-09-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERN PIPELINE LP                              | PLAINS ALL AMERN PIPELINE LP 6.125%/VAR PERP                            | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | EP               | CORP              | US        |    285000 | PA      | $284754.42    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 4.8%/VAR 12/01/2077                        | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    140000 | PA      | $138849.02    | 0.17%             | 2077-12-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY                                          | SOUTHERN CO 5.25% 12/01/77 PFD                                          | CUSIP: 842587404<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |      5084 | NS      | $112254.72    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                                        | ENERGY TRANSFER LP 6.625%/VAR PERP                                      | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |   3620000 | PA      | $3666723.34   | 4.47%             |  |  |  | No            |                  2 | On Loan: No      |
| AT and T INC                                              | AT and T INC 5.35% 11/01/66 PRFD                                        | CUSIP: 00206R300<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |     31986 | NS      | $724482.90    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY CO                                             | DTE ENERGY CO 5.25% PFD 12/1/77 PAR= 25                                 | CUSIP: 233331859<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |     14239 | NS      | $315821.02    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                                              | NAVIENT CORP 6.0% PFD 12/15/2043                                        | CUSIP: 63938C405<br>LEI: 54930067J0ZNOEBRW338 | Long             | EP               | CORP              | US        |      1500 | NS      | $28890.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WEBSTER FINANCIAL CORP                                    | WEBSTER FINL CORP WATERBURY CT 5.25% PFD PERP F                         | CUSIP: 947890505<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EP               | CORP              | US        |       750 | NS      | $15480.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODUCTS OPERATING LLC                         | ENTERPRISE PRODS OPER LLC 5.375%/VAR 02/15/2078                         | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     67000 | PA      | $67187.94     | 0.08%             | 2078-02-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                              | ENBRIDGE INC 6.25%/VAR 03/01/2078                                       | CUSIP: 29250NAW5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EP               | CORP              | CA        |    123000 | PA      | $125351.64    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 5.875%/VAR PERP                             | CUSIP: 060505FL3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    340000 | PA      | $346428.72    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| ASSURANT INC                                              | ASSURANT INC 7%/VAR 03/27/2048                                          | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     61000 | PA      | $62780.56     | 0.08%             | 2048-03-27      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURANCE CO                            | MEIJI YASUDA LIFE INSURANCE CO USISDA05+NA 04/26/2048 144A              | CUSIP: 585270AC5<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $203238.00    | 0.25%             | 2048-04-26      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD OAKTREE HOLDINGS LLC                           | BROOKFIELD OAKTREE HOLDINGS LLC SER A 6.625% SER A PERP PFD             | CUSIP: 674001300<br>LEI: 254900T1ODNFOK2L6090 | Long             | EP               | CORP              | US        |      7000 | NS      | $151760.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                                               | METLIFE INC 5.625% PERP PFD                                             | CUSIP: 59156R876<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EP               | CORP              | US        |      4500 | NS      | $108360.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION SER HH 5.875% PFD PERP                      | CUSIP: 060505195<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |     14600 | NS      | $367190.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD OAKTREE HOLDINGS LLC                           | BROOKFIELD OAKTREE HOLDINGS LLC SER B 6.55% PERP PFD                    | CUSIP: 674001409<br>LEI: 254900T1ODNFOK2L6090 | Long             | EP               | CORP              | US        |      7000 | NS      | $148190.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC 5.625% 08/15/2058 PFD                               | CUSIP: 744320805<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EP               | CORP              | US        |      3800 | NS      | $91770.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP DEL SER K 5.5% PFD PERP                                      | CUSIP: 902973759<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |      3500 | NS      | $82075.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN HOMES 4 RENT                                     | AMERICAN HOMES 4 RENT SER H 6.25% PERP PFD                              | CUSIP: 02665T868<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EP               | CORP              | US        |      1000 | NS      | $24130.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC 5.7%/VAR 09/15/2048                                 | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120841.68    | 0.15%             | 2048-09-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 5.75% PFD PERP                                    | CUSIP: 48128B655<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     24781 | NS      | $619029.38    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                                           | CMS ENERGY CORP 5.875% PREF 10/15/2078                                  | CUSIP: 125896852<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |      2400 | NS      | $56400.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP NEW                                      | DUKE ENERGY CORP 5.625% PFD 09/15/2078                                  | CUSIP: 26441C402<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EP               | CORP              | US        |     20900 | NS      | $514558.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ENSTAR GROUP LTD                                          | ENSTAR GROUP LTD 7%/VAR PFD                                             | CUSIP: 29359U109<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EP               | CORP              | BM        |      3900 | NS      | $88335.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                                   | KEYCORP 5.65% PFD                                                       | CUSIP: 493267876<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |      5300 | NS      | $115540.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| HARTFORD INSURANCE GROUP INC/THE                          | HARTFORD INSURANCE GROUP INC/THE                                        | CUSIP: 416518603<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EP               | CORP              | US        |       300 | NS      | $7500.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNUM GROUP                                                | UNUM GROUP 6.25% 06/15/2058 PFD                                         | CUSIP: 91529Y601<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EP               | CORP              | US        |      3500 | NS      | $81620.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                                           | CMS ENERGY CORP 5.875% PFD 03/01/2079                                   | CUSIP: 125896845<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |      4700 | NS      | $109839.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 5.6% SER H PFD PERP                                      | CUSIP: 74460W644<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      1500 | NS      | $35215.80     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 5.65% 03/01/2079 PFD                       | CUSIP: 65339K860<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |      5600 | NS      | $133728.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD PROPERTY PARTNERS LP                           | BROOKFIELD PROPERTY PARTN LP 6.5% PERP PFD                              | CUSIP: N/A<br>LEI: 5493004J5Z0TZW83NU62       | Long             | EP               | CORP              | BM        |      1700 | NS      | $27200.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP NEW                                      | DUKE ENERGY CORP NEW SER A 5.75% PFD PERP                               | CUSIP: 26441C501<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EP               | CORP              | US        |      6400 | NS      | $160000.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VODAFONE GRP PLC                                          | VODAFONE GROUP PLC USSW5+NA 04/04/2079                                  | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $423512.00    | 0.52%             | 2079-04-04      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 5.65%/VAR 05/01/2079                       | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    234000 | PA      | $236624.31    | 0.29%             | 2079-05-01      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL INC                                 | BRIGHTHOUSE FINANCIAL INC 6.6% PFD PERP SER A PAR=25                    | CUSIP: 10922N301<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      3800 | NS      | $63555.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINL CORP NEW                                     | REGIONS FINL CORP NEW 5.70%/VAR PFD PERP                                | CUSIP: 7591EP704<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |      3000 | NS      | $73320.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFILIATED MANAGERS GROUP INC                             | AFFILIATED MANAGERS GRP INC 5.875% 03/30/2059 PFD                       | CUSIP: 008252850<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |      2700 | NS      | $57186.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                                   | KEYCORP 5.625% PFD PERP                                                 | CUSIP: 493267868<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |      5400 | NS      | $119070.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CO                                             | FORD MOTOR CO                                                           | CUSIP: 345370845<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EP               | CORP              | US        |      2600 | NS      | $55770.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL INC                                        | VOYA FINANCIAL INC SER B 5.35%/VAR PFD PERP                             | CUSIP: 929089209<br>LEI: 549300T065Z4KJ686G75 | Long             | EP               | CORP              | US        |      5000 | NS      | $119350.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION SER KK 5.375% PFD PERP                      | CUSIP: 06053U601<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      8000 | NS      | $181440.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD                                        | ATHENE HOLDING LTD SER A 6.35%/VAR PFD PERP                             | CUSIP: 04686J861<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |      6000 | NS      | $145980.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                                                    | SEMPRA ENERGY 5.75% PFD 07/01/2079                                      | CUSIP: 816851604<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EP               | CORP              | US        |      5700 | NS      | $128136.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                                             | ALLSTATE CORP SER H 5.1% PERP PFD                                       | CUSIP: 020002838<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |     10000 | NS      | $211500.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD PROPERTY PARTNERS LP                           | BROOKFIELD PROPERTY PARTN LP PFD 6.375% PERP                            | CUSIP: N/A<br>LEI: 5493004J5Z0TZW83NU62       | Long             | EP               | CORP              | BM        |      1700 | NS      | $25160.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                | CAPITAL ONE FINANCIAL CORP PFD 5% PERP                                  | CUSIP: 14040H824<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |      9900 | NS      | $192951.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 4.875% SER I PFD PERP                                    | CUSIP: 74460W628<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      1500 | NS      | $29730.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 5% PERP PFD                                 | CUSIP: 06055H202<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      8700 | NS      | $185310.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSCANADA TRUST                                         | TRANSCANADA TRUST 5.5%/VAR 09/15/2079                                   | CUSIP: 89356BAE8<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    128000 | PA      | $129390.08    | 0.16%             | 2079-09-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                       | FIFTH THIRD BANCORP SER K 4.95% PFD PERP                                | CUSIP: 316773860<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |       800 | NS      | $15928.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD                                        | ATHENE HOLDINGS 5.625% SER B PFD PERP                                   | CUSIP: 04686J200<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |      4300 | NS      | $83635.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST INC                                  | DIGITAL RLTY TR INC SER L 5.2% PERP PFD                                 | CUSIP: 253868822<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     12600 | NS      | $261198.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AEGON FUNDING CO LLC                                      | AEGON FDG CO LLC 5.1% 12/15/2049 PFD                                    | CUSIP: 00775V104<br>LEI: KEIOKM01PSK5VZ5CCI74 | Long             | EP               | CORP              | US        |      3950 | NS      | $78743.25     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GRP INC                                | CITIZENS FINANCIAL GRP INC SER E 5% PFD PERP                            | CUSIP: 174610402<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |      2000 | NS      | $39900.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN TRUST CORP                                       | NORTHERN TRUST CORP SER E 4.7% PFD PERP                                 | CUSIP: 665859856<br>LEI: 549300GLF98S992BC502 | Long             | EP               | CORP              | US        |      1500 | NS      | $29535.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JP MORGAN CHASE 4.75% PFD PERP                                          | CUSIP: 48128B622<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     16500 | NS      | $336682.50    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                                             | ALLSTATE CORP SER I 4.75% PFD PERP                                      | CUSIP: 020002812<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |      2000 | NS      | $39180.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 4.7% SER J PFD PERP                                      | CUSIP: 74460W594<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      1700 | NS      | $32300.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                                       | SYNCHRONY FINANCIAL SER A 5.625% PFD PERP                               | CUSIP: 87165B202<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |      4600 | NS      | $90850.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY SER L 4.875% PFD PERP                                    | CUSIP: 61762V804<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |      5400 | NS      | $112212.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                    | EQUITABLE HOLDINGS INC SER A 5.25% PFD PERP                             | CUSIP: 29452E200<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EP               | CORP              | US        |      5700 | NS      | $116935.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CO                                             | FORD MOTOR CO 6.0% 12/01/2059 PFD                                       | CUSIP: 345370837<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EP               | CORP              | US        |      5300 | NS      | $110876.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AT and T INC                                              | AT and T INC 5.125% PERP PFD                                            | CUSIP: 00206R508<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |     18800 | NS      | $392356.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIFIED HOLDINGS                              | COMPASS DIVERSIFIED HOLDINGS SER C 7.875% PERP PFD                      | CUSIP: 20451Q401<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |      8038 | NS      | $162367.60    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUIST FINANCIAL CORP                                     | TRUIST FINANCIAL CORP 5.125%/VAR PERP                                   | CUSIP: 89832QAC3<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |     60000 | PA      | $59859.99     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY                                          | SOUTHERN COMPANY SER A 4.95% PFD 01/30/2080                             | CUSIP: 842587800<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |      7838 | NS      | $164049.34    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                                               | METLIFE INC SER F 4.75% PFD PERP                                        | CUSIP: 59156R850<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EP               | CORP              | US        |      6400 | NS      | $124800.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP                                        | ENERGY TRANSFER LP 7.125%/VAR PERP                                      | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |    190000 | PA      | $197095.74    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLSFARGO CL A SERIES Z 4.75% PFD PERP                                 | CUSIP: 94988U151<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     20800 | NS      | $412880.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON LIFE INS CO                                        | NIPPON LIFE INS CO 3.4%/VAR 01/23/2050 144A                             | CUSIP: 654579AG6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $95341.18     | 0.12%             | 2050-01-23      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| COMPASS DIVERSIFIED HOLDINGS                              | COMPASS DIVERSIFIED HOLDINGS VAR PFD                                    | CUSIP: 20451Q302<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |      8092 | NS      | $164510.36    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                | CAPITAL ONE FINANCIAL CORP SER J 5% PFD PERP                            | CUSIP: 14040H782<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |      7400 | NS      | $136530.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD PROPERTY PARTNERS LP                           | BROOKFIELD PROPERTY PARTN LP 5.75% PFD PERP                             | CUSIP: N/A<br>LEI: 5493004J5Z0TZW83NU62       | Long             | EP               | CORP              | BM        |      1900 | NS      | $26248.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AT and T INC                                              | AT and T INC SER C 4.75% PFD PERP                                       | CUSIP: 00206R706<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |     23900 | NS      | $465811.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD RENEWABLE PARTNERS LP                          | BROOKFIELD RENEWABLE PARTNERS LP 5.25% PFD PERP                         | CUSIP: N/A<br>LEI: VA8DFMRI2GY8Y7V79H93       | Long             | EP               | CORP              | BM        |      2395 | NS      | $42750.75     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO FRN TSFR3M+274.5 PERP                             | CUSIP: 48128BAH4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |   1005000 | PA      | $1008943.62   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| CMS ENERGY CORP                                           | CMS ENERGY CORP T5Y+NA 06/01/2050                                       | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148389.30    | 0.18%             | 2050-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                     | TRUIST FINL CORP SER O 5.25% PFD PERP                                   | CUSIP: 89832Q745<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |      3800 | NS      | $82802.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC/OH                              | HUNTINGTON BANCSHARES INC/OH 5.625%/VAR PERP                            | CUSIP: 446150AT1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |    226000 | PA      | $231602.77    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                     | TRUIST FINANCIAL CORP 5.1%/VAR PERP                                     | CUSIP: 89832QAF6<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |    403000 | PA      | $407535.77    | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                                    | BP CAPITAL MARKETS PLC 4.875%/VAR PERP                                  | CUSIP: 05565QDV7<br>LEI: 549300CRVT18MXX0AG93 | Long             | EP               | CORP              | GB        |    525000 | PA      | $523258.16    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                              | ENBRIDGE INC 5.75%/VAR 07/15/2080                                       | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EP               | CORP              | CA        |    126000 | PA      | $128237.89    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL INC                                 | BRIGHTHOUSE FINANCIAL INC SER B 6.75% PFD PERP                          | CUSIP: 10922N509<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      3700 | NS      | $63085.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE SER M 4.125% PFD PERP                                    | CUSIP: 74460W537<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3300 | NS      | $55242.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINANCIAL INC 4.125% PFD 09/01/2060                          | CUSIP: 744320888<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EP               | CORP              | US        |      3100 | NS      | $53568.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC 3.7%/VAR 10/01/2050                                 | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186102.27    | 0.23%             | 2050-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                     | TRUIST FINANCIAL CORP 4.75% PERP PFD                                    | CUSIP: 89832Q695<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               | CORP              | US        |      5900 | NS      | $113339.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN FINL GROUP INC OHIO                              | AMERICAN FINL GROUP INC OHIO 4.5% PFD 09/15/2060                        | CUSIP: 025932864<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EP               | CORP              | US        |      6000 | NS      | $101940.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COMPANY                                          | SOUTHERN COMPANY 4.2% PFD 10/15/2060                                    | CUSIP: 842587883<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |     66098 | NS      | $1212237.32   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD INFRASTRUCTURE PARTNERS LP                     | BROOKFIELD INFRA PARTNERS LP 5.125% PFD PERP                            | CUSIP: N/A<br>LEI: 549300WEH5R2OODI7Y90       | Long             | EP               | CORP              | BM        |       825 | NS      | $14124.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PARTNER RE FIN B LLC                                      | PARTNER RE FIN B LLC T5Y+NA 10/01/2050                                  | CUSIP: 70213BAC5<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |     67000 | PA      | $64755.46     | 0.08%             | 2050-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 3.875% PFD PERP                                          | CUSIP: 74460W511<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3600 | NS      | $55800.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKLEY WR CORP                                           | BERKLEY WR CORP 4.25% PFD 09/30/2060                                    | CUSIP: 084423888<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EP               | CORP              | US        |      5000 | NS      | $87800.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFILIATED MANAGERS GROUP INC                             | AFFILIATED MANAGERS GRP INC 4.75% 09/30/2060 PFD                        | CUSIP: 008252843<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |      3000 | NS      | $52500.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP DEL SER L 3.75% PFD PERP                                     | CUSIP: 902973734<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |      3500 | NS      | $54530.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK NEW YORK MELLON CORP                                 | BANK NEW YORK MELLON CORP 3.7%/VAR PERP                                 | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |   3235000 | PA      | $3233232.07   | 3.94%             |  |  |  | No            |                  2 | On Loan: No      |
| BROOKFIELD FIN INC                                        | BROOKFIELD CORP 4.625% PFD 10/16/2080                                   | CUSIP: 11271L102<br>LEI: 549300XH8D8K6OYWGD17 | Long             | EP               | CORP              | CA        |      2500 | NS      | $39650.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY CO                                             | DTE ENERGY CO 4.375% PFD 10/15/2080                                     | CUSIP: 233331826<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |     10425 | NS      | $183375.75    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 4.7% PFD                                         | CUSIP: 94988U128<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      9400 | NS      | $183300.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 3.9% PFD PERP O                                          | CUSIP: 74460W487<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3500 | NS      | $55299.65     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                                           | CMS ENERGY CORP T5Y+NA 12/01/2050                                       | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    409000 | PA      | $380709.84    | 0.46%             | 2050-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 5.875%/VAR PERP                                          | CUSIP: 61762VAA9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |    435000 | PA      | $436868.33    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION                                             | CUSIP: 06055H400<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      9062 | NS      | $166740.80    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP                                       | SCHWAB CHARLES CORP 4%/VAR PERP                                         | CUSIP: 808513BJ3<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    831000 | PA      | $785080.69    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                        | ATHENE HOLDING LTD SER D 4.875% PFD PERP                                | CUSIP: 04686J408<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |      4000 | NS      | $66840.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITABLE HOLDINGS INC                                    | EQUITABLE HOLDINGS INC 4.3% PFD PERP                                    | CUSIP: 29452E408<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EP               | CORP              | US        |      1000 | NS      | $16540.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD INFRASTRUCTURE PARTNERS LP                     | BROOKFIELD INFRA PARTNERS LP CLASS A 5% PFD PERP                        | CUSIP: N/A<br>LEI: 549300WEH5R2OODI7Y90       | Long             | EP               | CORP              | BM        |       825 | NS      | $13794.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON LIFE INS CO                                        | NIPPON LIFE INS CO 2.75%/VAR 01/21/2051 144A                            | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $181384.80    | 0.22%             | 2051-01-21      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 3.9%/VAR PERP                                    | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |    556000 | PA      | $555433.22    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL INC                                 | BRIGHTHOUSE FINANCIAL INC                                               | CUSIP: 10922N707<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      4000 | NS      | $54740.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION SER PP 4.125% PFD PERP                      | CUSIP: 06055H608<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      7500 | NS      | $130725.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP SER M 4% PFD PERP                                            | CUSIP: 902973718<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |      5300 | NS      | $88245.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                  | LIBERTY MUTUAL GROUP INC 4.3% 02/01/2061 144A                           | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    125000 | PA      | $84007.65     | 0.10%             | 2061-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TELEPHONE and DATA SYSTEMS INC                            | TELEPHONE and DATA 6.625% PFD PERP                                      | CUSIP: 879433787<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EP               | CORP              | US        |      1500 | NS      | $33225.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR LEASE CORP                                            | AIR LEASE CORP 4.65%/VAR PERP                                           | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EP               | CORP              | US        |    300000 | PA      | $298132.59    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 4.55% PERP PFD                                    | CUSIP: 48128B580<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     22900 | NS      | $447695.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP                                       | SCHWAB CHARLES CORP 4%/VAR PERP                                         | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    200000 | PA      | $199321.38    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| SCHWAB CHARLES CORP                                       | SCHWAB CHARLES 4.45% PERP PFD                                           | CUSIP: 808513865<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |      4500 | NS      | $84375.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MTRS FINL CO INC                                  | GENERAL MTRS FINL CO INC 5.7%/VAR PERP                                  | CUSIP: 37045XDB9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | EP               | CORP              | US        |    252000 | PA      | $253365.34    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| KKR GROUP FINANCE CO IX LLC                               | KKR GROUP FINANCE CO IX LLC 4.625% PFD 04/01/2061                       | CUSIP: 48253M104<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      5000 | NS      | $88100.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL INC                                 | BRIGHTHOUSE FINANCIAL INC 6.25% PFD 09/15/2058                          | CUSIP: 10922N202<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      1600 | NS      | $28240.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ALGONQUIN PWR and UTILS CORP                              | ALGONQUIN PWR and UTILS CORP 19-A 6.2%/VAR PFD 07/01/2079               | CUSIP: 015857808<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EP               | CORP              | CA        |      3000 | NS      | $77340.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC/OH                              | HUNTINGTON BANCSHARES INC SER H 4.5% PFD PERP                           | CUSIP: 446150823<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |      3100 | NS      | $55304.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSURANT INC                                              | ASSURANT INC 01/15/2026 5.25% PFD                                       | CUSIP: 04621X306<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EP               | CORP              | US        |      2500 | NS      | $51125.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMITOMO LIFE INS CO                                      | SUMITOMO LIFE INS CO 3.375%/VAR 04/15/2081 144A                         | CUSIP: 86564CAC4<br>LEI: 549300I5OQCDADQSPI57 | Long             | EP               | CORP              | JP        |    220000 | PA      | $205911.97    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                        | ALLY FINL INC 4.7%/VAR PERP                                             | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EP               | CORP              | US        |    130000 | PA      | $129648.21    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| REGIONS FINL CORP NEW                                     | REGIONS FINANCIAL CORP 4.45% PERP PFD                                   | CUSIP: 7591EP886<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |      3600 | NS      | $63180.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                | CAPITAL ONE FINANCIAL CORP SER L 4.375% PFD PERP                        | CUSIP: 14040H758<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |      4900 | NS      | $83888.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN COMPANY                                          | SOUTHERN COMPANY 3.75%/VAR 09/15/2051                                   | CUSIP: 842587DJ3<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    400000 | PA      | $396949.16    | 0.48%             | 2051-09-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CARLYLE FINANCE LLC                                       | CARLYLE FINANCE LLC 4.625% 05/15/2061 PFD                               | CUSIP: 14314C105<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      7400 | NS      | $130018.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 4.625% PERP PFD                                   | CUSIP: 48128B549<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     12100 | NS      | $240790.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC                                        | ALLY FINL INC 4.7%/VAR PERP                                             | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EP               | CORP              | US        |    685000 | PA      | $647448.30    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| VODAFONE GRP PLC                                          | VODAFONE GROUP PLC T5Y+NA 06/04/2081                                    | CUSIP: 92857WBV1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    170000 | PA      | $168605.92    | 0.21%             | 2081-06-04      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| VODAFONE GRP PLC                                          | VODAFONE GROUP PLC T5Y+NA 06/04/2081                                    | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    180000 | PA      | $170291.36    | 0.21%             | 2081-06-04      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| VODAFONE GRP PLC                                          | VODAFONE GROUP PLC T5Y+NA 06/04/2081                                    | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    215000 | PA      | $173909.16    | 0.21%             | 2081-06-04      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 4% PERP PFD                                              | CUSIP: 74460W461<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |     20000 | NS      | $321198.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                | CAPITAL ONE FINANCIAL CORP 3.95%/VAR PERP                               | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    560000 | PA      | $556265.42    | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| SBL HOLDINGS INC                                          | SBL HOLDINGS INC 6.5%/VAR PERP 144A                                     | CUSIP: 78397DAC2<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | EP               | CORP              | US        |     34000 | PA      | $30687.69     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ARES FINANCE CO III LLC                                   | ARES FINANCE CO III LLC 4.125%/VAR 06/30/2051 144A                      | CUSIP: 04018VAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $73811.11     | 0.09%             | 2051-06-30      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES INC/OH                              | HUNTINGTON BANCSHARES INC SER C 5.7% PFD PERP                           | CUSIP: 446150781<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |      1200 | NS      | $27912.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCH CAPITAL GROUP LTD                                    | ARCH CAPITAL GROUP LTD SER G 4.55% PFD PERP                             | CUSIP: 03939A404<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EP               | CORP              | BM        |      2250 | NS      | $39555.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD                                | RENAISSANCERE HLDGS LTD SER G 4.2% PFD PERP                             | CUSIP: N/A<br>LEI: EK6GB9U3U58PDI411C94       | Long             | EP               | CORP              | BM        |      1550 | NS      | $24707.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| STIFEL FINANCIAL CORP                                     | STIFEL FINANCIAL CORP SER D 4.5% PERP PFD                               | CUSIP: 860630862<br>LEI: 549300E5F07FE5GHJX84 | Long             | EP               | CORP              | US        |     13000 | NS      | $224120.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 4.25% PERP PFD                                   | CUSIP: 95002Y400<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     10522 | NS      | $188343.80    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO SER MM 4.2% PFD PERP                              | CUSIP: 48128B523<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |     15100 | NS      | $280558.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                | CAPITAL ONE FINANCIAL CORP 4.25% PERP PFD                               | CUSIP: 14040H733<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |      3300 | NS      | $54450.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                       | ACRISURE LLC / ACRISURE FINANCE INC 6% 08/01/2029 144A                  | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    420000 | PA      | $391990.20    | 0.48%             | 2029-08-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                                       | AMERICAN EXPRESS CO 3.55%/VAR PERP                                      | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | EP               | CORP              | US        |    217000 | PA      | $215636.85    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| BROOKFIELD PROPERTY PREFERRED LP                          | BROOKFIELD PROPERTY PREFERRED LP 6.25% 07/26/81 PFD                     | CUSIP: N/A<br>LEI: 254900N07TR905Y0G344       | Long             | EP               | CORP              | BM        |      4700 | NS      | $75012.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP                                           | CMS ENERGY CORP SER C 4.2% PFD PERP                                     | CUSIP: 125896837<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |      1600 | NS      | $28656.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 3.95% PERP PFD                                           | CUSIP: 74460W446<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3500 | NS      | $55545.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                                  | LIBERTY MUTUAL GROUP INC T5Y+NA 12/15/2051 144A                         | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    150000 | PA      | $148874.74    | 0.18%             | 2051-12-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TELEPHONE and DATA SYSTEMS INC                            | TELEPHONE and DATA SYSTEMS INC 6% PFD PERP                              | CUSIP: 879433761<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EP               | CORP              | US        |      3500 | NS      | $70245.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                            | PNC FINANCIAL SERVICES GRP INC 3.4%/VAR PERP                            | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    945000 | PA      | $934003.32    | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| NIPPON LIFE INS CO                                        | NIPPON LIFE INS CO 2.9%/VAR 09/16/2051 144A                             | CUSIP: 654579AK7<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | EP               | CORP              | JP        |    190000 | PA      | $171127.96    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| WESTERN ALLIANCE BANCORPORATN                             | WESTERN ALLIANCE BANCORPORATN                                           | CUSIP: 957638406<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EP               | CORP              | US        |      1500 | NS      | $34725.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR LEASE CORP                                            | AIR LEASE CORP 4.125%/VAR PERP                                          | CUSIP: 00912XBK9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EP               | CORP              | US        |    261000 | PA      | $258782.44    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA CORP                                               | VISTRA CORP 8%/VAR PERP 144A                                            | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | EP               | CORP              | US        |    100000 | PA      | $101646.60    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY SER O 4.5% PFD PERP                                      | CUSIP: 61762V861<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     12800 | NS      | $230912.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 4.250% PFD PERP                             | CUSIP: 06055H806<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      6032 | NS      | $107068.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP DEL 3.7%/VAR PERP                                            | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |    815000 | PA      | $807494.42    | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 4.15%/VAR PERP                                            | CUSIP: 172967NB3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |     89000 | PA      | $88776.38     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 4.125%/VAR PERP                           | CUSIP: 38141GYU2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |   1109000 | PA      | $1102682.69   | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                      | EDISON INTERNATIONAL 5%/VAR PERP                                        | CUSIP: 281020AT4<br>LEI: 549300I7ROF15MAEVP56 | Long             | EP               | CORP              | US        |    219000 | PA      | $216592.91    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK NEW YORK MELLON CORP                                 | BANK NEW YORK MELLON CORP 3.75%/VAR PERP                                | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |     96000 | PA      | $94564.27     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE 4% PFD PERP                                              | CUSIP: 74460W420<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3300 | NS      | $52998.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL INC                                 | BRIGHTHOUSE FINANCIAL INC SER D 0% PFD PERP                             | CUSIP: 10922N889<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      4000 | NS      | $48720.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER CO INC                            | AMERICAN ELECTRIC POWER INC 3.875%/VAR 02/15/2062                       | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    135000 | PA      | $133036.15    | 0.16%             | 2062-02-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SEMPRA                                                    | SEMPRA 4.125%/VAR 04/01/2052                                            | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    710000 | PA      | $700789.45    | 0.85%             | 2052-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                             | DTE ENERGY CO 4.375% 12/01/2081                                         | CUSIP: 233331818<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |      8600 | NS      | $148264.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINION ENERGY INC                                       | DOMINION ENERGY INC 4.35%/VAR PERP                                      | CUSIP: 25746UDM8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EP               | CORP              | US        |    225000 | PA      | $223908.66    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRA CORP                                               | VISTRA CORP 7%/VAR PERP 144A                                            | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | EP               | CORP              | US        |    470000 | PA      | $475627.31    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 3.8%/VAR 03/15/2082                        | CUSIP: 65339KCB4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    140000 | PA      | $137711.71    | 0.17%             | 2082-03-15      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                            | PUBLIC STORAGE SER S 4.1% PFD PERP                                      | CUSIP: 74460W396<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EP               | CORP              | US        |      3400 | NS      | $55794.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 4.375%/VAR PERP                             | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    350000 | PA      | $347730.32    | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| US BANCORP DEL                                            | US BANCORP DEL 4.5% PERP PFD                                            | CUSIP: 902973668<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               | CORP              | US        |      2800 | NS      | $51912.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                 | ROGERS COMMUNICATIONS INC 5.25%/VAR 03/15/2082 144A                     | CUSIP: 775109BS9<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    510000 | PA      | $510653.31    | 0.62%             | 2082-03-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC T5Y+NA 03/01/2052                                   | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    150000 | PA      | $147405.29    | 0.18%             | 2052-03-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 4.75% PREF PERP                             | CUSIP: 06055H871<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |     11500 | NS      | $230575.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSCANADA TRUST                                         | TRANSCANADA TRUST 5.6%/VAR 03/07/2082                                   | CUSIP: 89356BAG3<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    335000 | PA      | $336598.29    | 0.41%             | 2082-03-07      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                          | PARAMOUNT GLOBAL T5Y+NA 03/30/2062                                      | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    125000 | PA      | $98125.00     | 0.12%             | 2062-03-30      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 6.125%/VAR PERP                             | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    440000 | PA      | $445845.84    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                            | PNC FINANCIAL SERVICES GRP INC 6%/VAR PERP                              | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    170000 | PA      | $171403.52    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG IN MUENCHEN | MUNICH RE GROUP 5.875%/VAR 05/23/2042 144A                              | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $210095.00    | 0.26%             | 2042-05-23      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 6.5% PFD PERP                                            | CUSIP: 61762V853<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     40100 | NS      | $1034580.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC T5Y+NA 09/01/2052                                   | CUSIP: 744320BK7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206662.60    | 0.25%             | 2052-09-01      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CO                                             | FORD MOTOR CO 6.5% 08/15/2062 PFD                                       | CUSIP: 345370811<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EP               | CORP              | US        |      2400 | NS      | $53904.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                            | PNC FINANCIAL SERVICES GRP INC 6.2%/VAR PERP                            | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    200000 | PA      | $203153.00    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| KEYCORP                                                   | KEYCORP 6.2%/VAR PERP PFD                                               | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |      3300 | NS      | $83952.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA INC                          | 7.125% Fixed-Rate Rst Sbd Dbtrs due 2052                                | CUSIP: 759351885<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               | CORP              | US        |      4000 | NS      | $102200.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI AVIATION LTD                                         | FTAI AVIATION LTD 8.25% PFD PERP                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | KY        |      4000 | NS      | $102360.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GRP INC                            | PNC FINANCIAL SERVICES GRP INC 6.25%/VAR PERP                           | CUSIP: 693475BP9<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EP               | CORP              | US        |    160000 | PA      | $165931.36    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC T5Y+NA 03/01/2053                                   | CUSIP: 744320BL5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    250000 | PA      | $268103.75    | 0.33%             | 2053-03-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                             | ALLSTATE CORP SER J 7.375% PFD PERP                                     | CUSIP: 020002788<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |      4100 | NS      | $109019.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRICITE DE FRANCE                                     | ELECTRICITE DE FRANCE T5Y+NA PERP 144A                                  | CUSIP: 28504KAA5<br>LEI: 549300X3UK4GG3FNMO06 | Long             | EP               | CORP              | FR        |    200000 | PA      | $237904.80    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO and CO                                        | WELLS FARGO and CO NEW 7.625%/VAR PERP                                  | CUSIP: 95002YAA1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |     75000 | PA      | $80036.48     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC                             | APOLLO GLOBAL MANAGEMENT INC SER A PC 6.75% 07/31/2026                  | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |       800 | NS      | $44821.67     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC                             | APOLLO ASSET MANAGEMENT INC 07.625/VAR 09/15/53 PFD                     | CUSIP: 03769M205<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |      4100 | NS      | $105001.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANZ SE                                                | ALLIANZ SE 6.35%/VAR 09/06/2053 144A                                    | CUSIP: 018820AC4<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    140000 | PA      | $150230.81    | 0.18%             | 2053-09-06      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INS CO                                        | NIPPON LIFE INS CO 6.25%/VAR 09/13/2053 144A                            | CUSIP: 654579AM3<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $212682.57    | 0.26%             | 2053-09-13      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 7.625%/VAR PERP                                           | CUSIP: 172967PE5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    220000 | PA      | $233162.38    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                              | ENBRIDGE INC 8.5%/VAR 01/15/2084                                        | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1575000 | PA      | $1817737.43   | 2.21%             | 2084-01-15      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                              | ENBRIDGE INC 8.25%/VAR 01/15/2084                                       | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EP               | CORP              | CA        |    100000 | PA      | $107719.20    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                      | EDISON INTERNATIONAL 7.875%/VAR 06/15/2054                              | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15615.57     | 0.02%             | 2054-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                        | ENERGY TRANSFER LP T5Y+NA 05/15/2054                                    | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     35000 | PA      | $37548.49     | 0.05%             | 2054-05-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| SUMITOMO LIFE INS CO                                      | SUMITOMO LIFE INS CO 5.875%/VAR PERP 144A                               | CUSIP: 86564CAE0<br>LEI: 549300I5OQCDADQSPI57 | Long             | EP               | CORP              | JP        |    200000 | PA      | $203331.00    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| STATE STREET CORP                                         | STATE STREET CORP 6.7%/VAR PERP                                         | CUSIP: 857477CH4<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |    250000 | PA      | $261737.00    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                                    | BP CAPITAL MARKETS PLC 6.45%/VAR PERP                                   | CUSIP: 05565QDW5<br>LEI: 549300CRVT18MXX0AG93 | Long             | EP               | CORP              | GB        |    335000 | PA      | $357075.16    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 6.7%/VAR 09/01/2054                        | CUSIP: 65339KCW8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    140000 | PA      | $145367.74    | 0.18%             | 2054-09-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ATHENE HOLDING LTD                                        | ATHENE HOLDINGS 7.25%/VAR PFD 03/30/2064                                | CUSIP: 04686J838<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |     13100 | NS      | $328155.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 6.875%/VAR PERP                                   | CUSIP: 48128BAQ4<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    145000 | PA      | $153908.95    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINL INC                                       | PRUDENTIAL FINL INC T5Y+NA 03/15/2054                                   | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    120000 | PA      | $126459.12    | 0.15%             | 2054-03-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD BRP HOLDINGS CANADA INC                        | BROOKFIELD BRP HOLDINGS CANADA INC 7.25% PFD PERP                       | CUSIP: 11259P307<br>LEI: 549300NSPD7QJ50GZW26 | Long             | EP               | CORP              | CA        |      2100 | NS      | $51975.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON LIFE INS CO                                        | NIPPON LIFE INS CO 5.95%/VAR 04/16/2054 144A                            | CUSIP: 654579AN1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    260000 | PA      | $270943.23    | 0.33%             | 2054-04-16      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 7.5%/VAR PERP                             | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    160000 | PA      | $170328.00    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| M and T BANK CORP                                         | M and T BANK CORP 7.5% PFD PERP                                         | CUSIP: 55261F864<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |      4100 | NS      | $109798.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 7.125%/VAR PERP                                           | CUSIP: 172967PK1<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    220000 | PA      | $227391.12    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| BROOKFIELD INFRASTRUCTURE FINANCE ULC                     | BROOKFIELD INFRASTRUCTURE FINANCE ULC 7.25% PFD 05/31/2084              | CUSIP: 11276B208<br>LEI: 984500CDDWC47U7DBA74 | Long             | EP               | CORP              | CA        |      1100 | NS      | $27302.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 6.75%/VAR 06/15/2054                       | CUSIP: 65339KDB3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    140000 | PA      | $148947.66    | 0.18%             | 2054-06-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST | AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR 6.95%/VAR 03/10/2055 | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $158531.22    | 0.19%             | 2055-03-10      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 7%/VAR PERP                                               | CUSIP: 172967PM7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    270000 | PA      | $284696.91    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                            | MORGAN STANLEY 6.625% PFD PERP Q                                        | CUSIP: 61762V838<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     14500 | NS      | $381640.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINL CORP NEW                                     | REGIONS FINL CORP NEW VAR/6.95% PERP PFD                                | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |      3300 | NS      | $85305.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANZ SE                                                | ALLIANZ SE 5.6%/VAR 09/03/2054 144A                                     | CUSIP: 018820AD2<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    175000 | PA      | $178939.08    | 0.22%             | 2054-09-03      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                               | BNP PARIBAS 7.375%/VAR PERP 144A                                        | CUSIP: 05602XJC3<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    135000 | PA      | $141810.48    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURANCE CO                            | MEIJI YASUDA LIFE INSURANCE CO 5.8%/VAR 09/11/2054 144A                 | CUSIP: 585270AD3<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $152931.30    | 0.19%             | 2054-09-11      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                  | COREBRIDGE FINANCIAL INC T5Y+NA 09/15/2054                              | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    130000 | PA      | $130038.74    | 0.16%             | 2054-09-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                             | PG and E CORP 7.375%/VAR 03/15/2055                                     | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    271000 | PA      | $280479.31    | 0.34%             | 2055-03-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ALTAGAS LTD                                               | ALTAGAS LTD 7.2%/VAR 10/15/2054 144A                                    | CUSIP: 021361AD2<br>LEI: DR5LKEURSR8SXLM64266 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $208962.40    | 0.25%             | 2054-10-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                            | AIR LEASE CORP 6%/VAR PERP                                              | CUSIP: 00912XBQ6<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EP               | CORP              | US        |     70000 | PA      | $68243.88     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 6.125%/VAR PERP                           | CUSIP: 38141GB52<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    480000 | PA      | $494600.16    | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                    | VENTURE GLOBAL LNG INC 9%/VAR PERP 144A                                 | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | EP               | CORP              | US        |    740000 | PA      | $647186.20    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                    | CENTERPOINT ENERGY INC 6.7%/VAR 05/15/2055                              | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    138000 | PA      | $142651.70    | 0.17%             | 2055-05-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BP CAPITAL MARKETS PLC                                    | BP CAPITAL MARKETS PLC 6.125%/VAR PERP                                  | CUSIP: 05565QDX3<br>LEI: 549300CRVT18MXX0AG93 | Long             | EP               | CORP              | GB        |    275000 | PA      | $284251.83    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                       | DOMINION ENERGY INC 6.625%/VAR 05/15/2055                               | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    500000 | PA      | $519023.50    | 0.63%             | 2055-05-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                  | COREBRIDGE FINANCIAL INC 6.375% PFD 12/15/2064                          | CUSIP: 21871X208<br>LEI: 549300XY1661QCIA7J65 | Long             | EP               | CORP              | US        |      4400 | NS      | $103576.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 6.75%/VAR PERP                                            | CUSIP: 172967PR6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    200000 | PA      | $204589.00    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| PG and E CORP                                             | PG and E CORP SER A PC 6% 12/01/2027                                    | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |      1300 | NS      | $59683.00     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                                         | RAKUTEN GROUP INC 8.125%/VAR PERP 144A                                  | CUSIP: 75102WAM0<br>LEI: 529900IMXUCQKUL1H943 | Long             | EP               | CORP              | JP        |    300000 | PA      | $310485.87    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                           | CVS HEALTH CORP 7%/VAR 03/10/2055                                       | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    164000 | PA      | $172499.46    | 0.21%             | 2055-03-10      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                           | CVS HEALTH CORP 6.75%/VAR 12/10/2054                                    | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    429000 | PA      | $446235.08    | 0.54%             | 2054-12-10      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| AES CORP                                                  | AES CORP 6.95%/VAR 07/15/2055                                           | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    140000 | PA      | $135277.65    | 0.16%             | 2055-07-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| F and G ANNUITIES and LIFE INC                            | F and G ANNUITIES and LIFE INC 7.3% 01/15/2065 PFD                      | CUSIP: 30190A609<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      2100 | NS      | $46200.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DAI-ICHI LIFE INSURANCE CO LTD                            | DAI-ICHI LIFE INSURANCE CO LTD 6.2%/VAR PERP 144A                       | CUSIP: 23381LAA2<br>LEI: 3538001235ACEIORUV72 | Long             | EP               | CORP              | JP        |    260000 | PA      | $271001.90    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| STANDARD CHARTERED PLC                                    | STANDARD CHARTERED PLC 7.625%/VAR PERP 144A                             | CUSIP: 853254DF4<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EP               | CORP              | GB        |    200000 | PA      | $214178.00    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY                                          | SOUTHERN CO SER A 6.5% 03/15/2085 PFD                                   | CUSIP: 842587867<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |     20300 | NS      | $528815.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC (THE)                             | GOLDMAN SACHS GROUP INC (THE) 6.85%/VAR PERP                            | CUSIP: 38141GC28<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               | CORP              | US        |    680000 | PA      | $712087.84    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| STRATEGY INC                                              | STRATEGY INC 8% PC PERP                                                 | CUSIP: 594972887<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |       600 | NS      | $47376.00     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE and CO                                     | JPMORGAN CHASE and CO 6.5%/VAR PERP                                     | CUSIP: 48128AAJ2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EP               | CORP              | US        |    255000 | PA      | $267108.33    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 6.375%/VAR 08/15/2055                      | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    263000 | PA      | $273174.42    | 0.33%             | 2055-08-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 6.5%/VAR 08/15/2055                        | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    140000 | PA      | $148417.64    | 0.18%             | 2055-08-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 6.95%/VAR PERP                                            | CUSIP: 17327CAV5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    275000 | PA      | $282723.65    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                 | ROGERS COMMUNICATIONS INC 7%/VAR 04/15/2055                             | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    158000 | PA      | $165239.88    | 0.20%             | 2055-04-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE            | BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE 6.875%/VAR 09/15/2055    | CUSIP: 0778FPAP4<br>LEI: 549300O5ZKB2MUUSKB97 | Long             | DBT              | CORP              | CA        |    140000 | PA      | $146169.52    | 0.18%             | 2055-09-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE            | BELL TELEPHONE CO OF CANADA OR BELL CANADA/THE 7%/VAR 09/15/2055        | CUSIP: 0778FPAQ2<br>LEI: 549300O5ZKB2MUUSKB97 | Long             | DBT              | CORP              | CA        |    140000 | PA      | $148182.16    | 0.18%             | 2055-09-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                              | BARCLAYS PLC 7.625%/VAR PERP                                            | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EP               | CORP              | GB        |    200000 | PA      | $212371.40    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| TRANSCANADA PIPELINES LTD                                 | TRANSCANADA PIPELINES LTD 7%/VAR 06/01/2065                             | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |    135000 | PA      | $140395.28    | 0.17%             | 2065-06-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY                                          | SOUTHERN COMPANY 6.375%/VAR 03/15/2055                                  | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    135000 | PA      | $141239.57    | 0.17%             | 2055-03-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| MEIJI YASUDA LIFE INSURANCE CO                            | MEIJI YASUDA LIFE INSURANCE CO 6.1%/VAR 06/11/2055 144A                 | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    290000 | PA      | $300443.19    | 0.37%             | 2055-06-11      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                                               | METLIFE INC T5Y+NA 03/15/2055                                           | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    130000 | PA      | $135025.02    | 0.16%             | 2055-03-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                                              | STRATEGY INC SER A 10% PERP PFD                                         | CUSIP: 594972879<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |      8100 | NS      | $799227.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIFICORP                                                | PACIFICORP 7.375%/VAR 09/15/2055                                        | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     81000 | PA      | $82034.52     | 0.10%             | 2055-09-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| NIPPON LIFE INS CO                                        | NIPPON LIFE INS CO 6.5%/VAR 04/30/2055 144A                             | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    400000 | PA      | $429891.20    | 0.52%             | 2055-04-30      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 6.625%/VAR PERP                             | CUSIP: 06055HAH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |     30000 | PA      | $31407.27     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAP HLDGS INC                              | NEXTERA ENERGY CAP HLDGS INC 6.5% 06/01/2085 PFD                        | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |      4400 | NS      | $111452.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                | CAPITAL ONE FINANCIAL CORP 5.5%/VAR PERP                                | CUSIP: 14040HDK8<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EP               | CORP              | US        |    315000 | PA      | $316917.09    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| KKR and CO INC                                            | KKR and CO LP 6.875% PFD 06/01/2065                                     | CUSIP: 48251W609<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |      3300 | NS      | $83127.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE USA INC                                          | T-MOBILE USA INC PFD 6.25% 09/01/2069                                   | CUSIP: 87264A105<br>LEI: 549300V2JRLO5DIFGE82 | Long             | EP               | CORP              | US        |     22700 | NS      | $563414.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE USA INC                                          | T-MOBILE USA INC PFD 5.5% 03/01/2070                                    | CUSIP: 87264A204<br>LEI: 549300V2JRLO5DIFGE82 | Long             | EP               | CORP              | US        |     43956 | NS      | $1004834.16   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE USA INC                                          | T-MOBILE USA INC PFD 5.5% 06/01/2070                                    | CUSIP: 87264A303<br>LEI: 549300V2JRLO5DIFGE82 | Long             | EP               | CORP              | US        |     38225 | NS      | $869236.50    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD            | SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD 7.625%/VAR 03/01/2055    | CUSIP: 836720AG7<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |    195000 | PA      | $203200.92    | 0.25%             | 2055-03-01      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC T5Y+289 6.875%/VAR PERP                                   | CUSIP: 17327CBC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    735000 | PA      | $753485.99    | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                               | BANK OF AMERICA CORPORATION 6.25%/VAR PERP                              | CUSIP: 06055HAK9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |    584000 | PA      | $600913.89    | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| STRATEGY INC                                              | STRATEGY INC 9%/VAR PERP PFD                                            | CUSIP: 594972853<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |      1600 | NS      | $160000.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GRP INC                                | CITIZENS FINANCIAL GROUP INC 6.5%/VAR PFD PERP                          | CUSIP: 174610808<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |      5200 | NS      | $132600.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DOMINION ENERGY INC                                       | DOMINION ENERGY INC 6%/VAR 02/15/2056                                   | CUSIP: 25746UDZ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    307000 | PA      | $311529.17    | 0.38%             | 2056-02-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| BANK NEW YORK MELLON CORP                                 | BANK NEW YORK MELLON CORP 5.95%/VAR PERP                                | CUSIP: 064058AR1<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    225000 | PA      | $230961.83    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                 | SUNOCO LP 7.875%/VAR PERP 144A                                          | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | EP               | CORP              | US        |    755000 | PA      | $780481.25    | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| DTE ENERGY CO                                             | DTE ENERGY CO 6.25% SER H PFD 10/01/85                                  | CUSIP: 233331792<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |     26300 | NS      | $658815.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                    | US ULTRA BOND CBT FUT JUN26 WNM6                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |        -9 | NC      | $-12252.51    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                                           | XCEL ENERGY INC 6.25% PFD 10/15/2085                                    | CUSIP: 98389B878<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EP               | CORP              | US        |     15700 | NS      | $392500.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSCANADA PIPELINES LTD                                 | TRANSCANADA PIPELINES LTD 11/01/85 PFD                                  | CUSIP: 893526681<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | EP               | CORP              | CA        |      7100 | NS      | $175334.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARES INC/NC                          | FIRST CITIZENS BANCSHARES INC/NC VAR PERP                               | CUSIP: 31959XAG8<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EP               | CORP              | US        |    110000 | PA      | $113251.60    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| COREBRIDGE FINANCIAL INC                                  | COREBRIDGE FINANCIAL INC 0% PERP                                        | CUSIP: 21871XAU3<br>LEI: 549300XY1661QCIA7J65 | Long             | EP               | CORP              | US        |    110000 | PA      | $112813.69    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 6.625%/VAR PERP                                           | CUSIP: 172967QJ3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    555000 | PA      | $573748.53    | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                               | BNP PARIBAS 6.875%/VAR PERP 144A                                        | CUSIP: 05602XQR2<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    960000 | PA      | $965051.52    | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP INC                                             | CITIGROUP INC 6.5% PERP PREF                                            | CUSIP: 172967242<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |     15600 | NS      | $395928.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INC/OH                              | HUNTINGTON BANCSHARES INC/OH SER L 5.5% PERP PFD                        | CUSIP: 446150757<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               | CORP              | US        |      2000 | NS      | $43080.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer