# EDGAR Filing Document

**Accession Number:** 0001028621
**File Stem:** 0001752724-23-038574
**Filing Date:** 2023-2
**Character Count:** 283482
**Document Hash:** 5ac7400bd82b9615279cdab364d7adba
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-038574.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-038574

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** METROPOLITAN WEST FUNDS
- **CENTRAL INDEX KEY:** 0001028621
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07989
- **FILM NUMBER:** 23664508

**BUSINESS ADDRESS:**
- **STREET 1:** METROPOLITAN WEST ASSET MANAGEMENT
- **STREET 2:** 865 S. FIGUEROA STREET, SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017
- **BUSINESS PHONE:** 213-244-0000

**MAIL ADDRESS:**
- **STREET 1:** METROPOLITAN WEST ASSET MANAGEMENT
- **STREET 2:** 865 S. FIGUEROA STREET, SUITE 1800
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017

## Series and Classes Contracts Data

### Metropolitan West Investment Grade Credit Fund (Series ID: S000062249)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000201585 | Class I      | MWIGX           |
| C000201586 | Class M      | MWISX           |

## Nport-Ex

# Investment Grade Credit Fund
Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Items | Maturity Date | Principal Amount | Value | Items | Maturity Date | Principal Amount | Value |
| --- | --- | --- | --- | --- | --- | --- | --- |
| BONDS = 103.70% |  |  |  | ASSET-BACKED SECURITIES (continued) |  |  |  |
| ASSET-BACKED SECURITIES - 5.32%** |  |  |  | SLM Student Loan Trust |  |  |  |
| Amco CLO, |  |  |  | (LIBOR USD 3-Month plus 1.50%) |  |  |  |
| Series 2015-AA, Class BR2 |  |  |  | 5.86% | 04/25/23 2 | $12,048 | $11,834 |
| (Cayman Islands) |  |  |  | SLM Student Loan Trust, |  |  |  |
| (LIBOR USD 3-Month plus 1.60%) |  |  |  |  |  |  |  |

1/ December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Issues | Minority Date | Principal Amount | Value | Issues | Minority Date | Principal Amount | Value |
| --- | --- | --- | --- | --- | --- | --- | --- |
| CORPORATES (continued) |  |  |  | CORPORATES (continued) |  |  |  |
| Banking (continued) | 03/17/23 | 30,881 | 27,676 | Merchants (Stated Loan Trust) |  | 15,000 | 15,006 |
| Merchants (Stated Loan Trust) |  |  |  | Corresponding (Secretary) (continued) |  |  |  |
| Merchants (Stated Loan Trust) |  |  |  | TRUST (TRUST) (continued) |  |  |  |
| Merchants (Stated Loan Trust) |  |  |  | TRUST (TRUST) (continued) |  |  |  |
| Merchants (Stated Loan Trust) |  |  |  | (LIBOR USD 3-Month plus 0.12%) |  |  |  |
| Merchants (Stated Loan Trust) |  |  |  | 2.50% |  |  |  |
| Merchants (Stated Loan Trust) |  |  |  | 2.50% |  |  |  |
| Merchants (Stated Loan Trust) |  |  |  | Reynolds American, Inc. |  |  |  |
| Merchants (Stated Loan Trust) |  |  |  | 2.50% |  |  |  |
| (Cayman Islands) | 06/02/28 | $170,000 | $150,297 | 5.70% | 08/15/35 | $30,000 | $30,724 |
| (LIBOR USD 3-Month plus 0.12%) |  |  |  |  |  | 26,740 | 25,542 |
| (LIBOR USD 3-Month plus 0.12%) |  | 10,000 | 9,481 |  |  |  |  |

December 2022 / 2

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [27, 69, 707, 154], "label": "table", "caption": "

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |
| Octagon Investment Partners 4c Ltd. | 3.62% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

</table>

| Industry | Principal | Industry |  |
| --- | --- | --- | --- |
| Octagon Investment Partners 4c Ltd. | 4.28% | 03/15/22 | 60,000 |

"

# Investment Grade Credit Fund[{"box_2d [27, 669, 140, 682], "label": "header_footer", "caption": "3 / December 2022"}]

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| SLM 3-Month Loan Trust 12/31/22 | 20,000 | 8,079 | 17,324 |
| SLM 3-Month Loan Trust 12/31/23 | 20,000 | 18,916 | 17,324 |
| SLM 3-Month Loan Trust 12/31/24 | 20,000 | 28,938 | 115,000 |
| SLM 3-Month Loan Trust 12/31/25 | 20,000 | 15,301 | 20,000 |
| SLM 3-Month Loan Trust 12/31/26 | 20,000 | 20,000 | 708,517 |
| SLM 3-Month Loan Trust 12/31/27 | 20,000 | 20,000 | 10,000 |
| SLM 3-Month Loan Trust 12/31/28 | 20,000 | 20,000 | 10,000 |
| SLM 3-Month Loan Trust 12/31/29 | 20,000 | 20,000 | 10,000 |

Investment Grade Credit Fund

December 2022 / 4

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |
| INDEPENDENT S (continued) | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |
| INDEPENDENT S (continued) | 15,000 | 15,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |  |
| --- | --- | --- |
| GLASGOW Loam Trust | 20,000 | 20,000 |

| Industry | Principal |
| --- | --- |

# Investment Grade Credit Fund

5 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| Net 30,000 in Cash Trust 04/03/23 | 20,000 | 20,047 | 40,000 |
| Net 30,000 in Cash Trust 04/03/23 | 25,000 | 25,018 | 40,000 |
| Net 30,000 in Cash Trust 04/03/23 | 25,000 | 24,954 | 40,000 |
| Net 30,000 in Cash Trust 04/03/23 | 30,000 | 30,000 | 40,000 |
| Net 30,000 in Cash Trust 04/03/23 | 31,000 | 24,622 | 40,000 |
| Net 30,000 in Cash Trust 04/03/23 | 30,000 | 30,000 | 40,000 |
| Net 30,000 in Cash Trust 04/03/23 | 32,000 | 24,622 | 40,000 |
| Net 30,000 in Cash Trust 04/03/23 | 32,000 | 24,622 | 40,000 |

Investment Grade Credit Fund

December 2022 / 6

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [26, 69, 706, 153], "label": "table", "caption": "

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| General Electric Power | 10,000 | 10,000 | 10,000 |
| General Electric Power | 20,000 | 20,000 | 20,000 |
| General Electric Power | 20,000 | 20,000 | 20,000 |
| General Electric Power | 20,000 | 20,000 | 20,000 |
| General Electric Power | 20,000 | 20,000 | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 10,000 |
| General Electric Power | 20,000 |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |
| General Electric Power | 5,000 |
| General Electric Power | 5,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |
| General Electric Power | 5,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 20,000 |

| Industry | Principal |
| --- | --- |
| General Electric Power | 25,000 |

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>20,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>25,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>20,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>25,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>20,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>25,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>20,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>25,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>20,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>25,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>20,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>25,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>20,000</td></tr></table>

| Industry | Principal |
| --- | --- |

<tr><td>General Electric Power</td><td>25,000</td></tr></tabletabletable><thead><tr><th>Industry</b></th><th><b>Principal</b></th></tr></table><tr><td>General Electric Power</td><td>20,000</td></tr></tabletabletable><thead><tr><th>Industry</b></th><th><b>Principal</b></th></tr></table><tr><td>General Electric Power</td><td>25,000</td></tr></tabletabletabletable><thead><tr><th>Industry</b></th><th><b>Principal</b></th></tr></table><tr><td>General Electric Power</td><td>20,000</td></tr></tabletabletabletable><thead><tr><th>Industry</b></th><th><b>Principal</b></th></tr></table><tr><td>General Electric Power</td><td>25,000</td></tr></tabletabletabletabletabletabletabletabletable "

| Industry | Total | Total |
| --- | --- | --- |

| General Electric Power | 20,000 |  |
| --- | --- | --- |
| Net | Total | Total |
| Total |  |  |
| General Electric Power | 25,000 |  |

"

Investment Grade Credit Fund

7 / December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [25, 69, 709, 154], "label": "table", "caption": "

| Industry | Principal | Industry | Principal |
| --- | --- | --- | --- |
| State 100% of the Company | 20,000 | 20,000 | State 100% of the Company |
| State 100% of the Company (continued) | 30,000 | 77,750 | State 100% of the Company |
| State 100% of the Company (continued) | 20,000 | 20,000 | State 100% of the Company |
| State 100% of the Company (continued) | 20,000 | 20,000 | State 100% of the Company |
| State 100% of the Company (continued) | 20,000 | 20,000 | State 100% of the Company |
| State 100% of the Company (continued) | 20,000 | 20,000 | State 100% of the Company |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |
| State 100% of the Company (continued) | 4,343,661 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company (continued) | 10,000 |

| Industry | Principal |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company | 10,000 |

| Industry | 4,343,661 |
| --- | --- |
| State 100% of the Company | 10,000 |

| State 100% of the Company | 10,000 |
| --- | --- |

| Industry | 4,343,661 |
| --- | --- |

| Industry | Principal |
| --- | --- |

| State 100% of the Company | 10,000 |
| --- | --- |

| Industry | 4,343,661 |
| --- | --- |

| Industry | Principal |
| --- | --- |

| State 100% of the Company | 10,000 |
| --- | --- |

"

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [26, 68, 702, 153], "label": "table", "caption": "

| Industry | Projected | Total | Total |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

| Industry | Projected | Total |  |
| --- | --- | --- | --- |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |
| General Electric (Continued) | 20,000 | 20,000 | 20,000 |

<table><thead><tr><th>Industry</th><th>Projected</th><th>Total</th></tr></thead><tr><td>General Electric (Continued)</td><td>20,000</td><td>20,000</td><td>20,000</td></tr><tr><td>General Electric (Continued)</td><td>20,000</td><

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)[{"box_2d": [26, 72, 714, 152], "label": "table", "caption": "

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

| Period | Number of | Unrealized Appreciation |
| --- | --- | --- |
| 2022-2023 | 2,000,000 | $2,000,000 |

<table><thead><tr><th>Period</th><th>Number of</th><th>Unrealized Appreciation</th></tr></thead><tr><td>2022-2023</td><td>2,000,000</td><td

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Total 1,000,000 | 10,000 | 17,000 | 1,000,000 | 14,000 |
| --- | --- | --- | --- | --- |
| Total 1,000,000 | 6,000 | 1,000 | 1,000,000 | 21,000 |
| Total 1,000,000 | 12 | 0.0 | 3,000 | 10,000 |
| Total 1,000,000 | 1 | 3,214 | 1,000 | 10,000 |
| Total 1,000,000 | 4,000 | 3,214 | 1,000 | 10,000 |
| Total 1,000,000 | 10,000 | 3,214 | 1,000 | 10,000 |
| Total 1,000,000 | 10,000 | 3,214 | 1,000 | 10,000 |

Investment Grade Credit Fund

SIGNIFICANT ACCOUNTING POLICIES

11/ December 2022

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

# Schedule of Portfolio Investments
December 31, 2022 (Unaudited)

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |
| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

</table>

| Credit Card 1,000,000 | 1,758,505 | 9,937,382 | New York State Urban Development Corp. Revenue Bonds | 29,958 |
| --- | --- | --- | --- | --- |

</table>

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

Investment Grade Credit Fund

13 / December 2022

| 1. Finance rate security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| --- | --- | --- | --- | --- | --- |
| 2. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 3. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 4. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 5. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 6. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 7. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 8. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 9. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 10. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 11. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 12. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 13. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 14. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 15. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 16. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 17. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 18. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 19. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |
| 20. Income tax security. The rate disclosed was in effect at December 31, 2008 | 3 month USD | U.S. TREASURY SECURITIES - 9.95% |  |  |  |

|  | U.S. Treasury Notes - 9.78% | (1,905) | 2,303 | (10,029) |
| --- | --- | --- | --- | --- |
| 1. Less income tax on Treasury Notes | $4022.3 Treasury Notes | - | - | 401,238 |
| 2. Security is determined by the tax and is scheduled interest or principal payments | 3.88% | 11/30/27 | 172,000 | 171,068 |
| 3. Inflation protection is required to be applied to security face amount | 3.88% | 12/31/27 | 171,000 | 171,068 |
| 4. Income tax on Treasury | 4.13% | 12/31/27 | 31,000 | 31,000 |
| 5. Represents the amount as of December 31, 2022 | - | 5,824,224 | 15,000 | 5,840,200 |
| 6. Securities with a tax rate of 1 year after an effective maturity date sooner than the stated market price | - | 1,812,538 | 21,442 | 1,833,960 |
| 7. Securities backends to the exchange rate of the other loans where payment is periodically made | - | 456,033 | - | 456,033 |
| 8. U.S. Treasury Securities | 903,674 | 31,833 | 15,589 | 21,442 |
|  |  | 11,275 | - | 914,949 |

will have an effective maturity date sooner than the stated maturity date.

*The change in operational agreement (depreciation) on securities still held at December 31, 2022 was $(12,741) and is included in the related net realized gains (losses) and net change in depreciation (depreciation) in the Statements of Operations.

| **There were no transfers between level 2 and 3 for the period ended December 31, 2022 | 6,264 | 25,762 | - | 32,026 |
| --- | --- | --- | --- | --- |
| Liabilities: |  |  |  |  |
| Interest rate contracts | (826) | (91,747) | - | (92,573) |

Total

$

1,310,347

$

8,495,279

$

68,964

$

9,877,536

# Fair Value Measurements

| Asset-Backed Securities | $31,833 | Broker Quote | Offered Quote | $88.64 | $88.64 | Increase |
| --- | --- | --- | --- | --- | --- | --- |
| Corporate Securities | $15,689 | Third-Party Vendor | Vendor Prices | $109.00 | $109.00 | Increase |
| Mortgage-Backed Securities- |  |  |  |  |  |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** METROPOLITAN WEST FUNDS

- **b. Investment Company Act file number:** 811-07989

- **c. CIK number of Registrant:** 0001028621

- **d. LEI of Registrant:** 549300KGDNJW6FXNDC82

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

  - **Street Address 1:** 865 South Figueroa Street

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90017

  - **Telephone number:** 800-241-4671

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

- **a. Name of Series:** Metropolitan West Investment Grade Credit Fund

- **b. EDGAR series identifier (if any):** S000062249

- **c. LEI of Series:** 5493002BN5Y3E3XLWK38

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $10412323.96

**Total Liabilities:** $1255539.31

**Net Assets:** $9156784.65

**Stand-by Commitments:** $880009.27

**Cash Not Reported:** $235661.04

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 9.42391000 | **1-Year:** 262.88994000 | **5-Year:** 2727.06501000 | **10-Year:** 1772.43549000 | **30-Year:** 31.59713000

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

- **3-Month:** 0.66736000 | **1-Year:** 21.78297000 | **5-Year:** 63.40390000 | **10-Year:** 12.66919000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000201585 | -0.65%               | 3.25%                | -0.31%               |
| Class ID C000201586 | -0.66%               | 3.23%                | -0.33%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-36546.03               | $-85812.45                                 |
| Month 2  | $-15865.57               | $263755.86                                 |
| Month 3  | $18619.68                | $37492.56                                  |

**Designated Index Information**

- **Index Name:** Bloomberg U.S. Intermediate Credit Index

- **Index Identifier:** LUICSTAT

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 91282CFX4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    259000 | PA      | $259050.85    | 2.83%             | 2024-11-30      | Fixed         | 4.50%                 | No            |                  1 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO              | New York State Dormitory Authority                                              | CUSIP: 64990FQY3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     25000 | PA      | $20696.88     | 0.23%             | 2032-02-15      | Fixed         | 2.96%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                        | Bank of America Corp                                                            | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     40000 | PA      | $30824.14     | 0.34%             | 2032-07-21      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES                      | PNC Financial Services Group Inc/The                                            | CUSIP: 693475BJ3<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10463.14     | 0.11%             | 2033-10-28      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                       | Wells Fargo & Co                                                                | CUSIP: 95000U2S1<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    170000 | PA      | $150296.48    | 1.64%             | 2028-06-02      | Fixed         | 2.39%                 | No            |                  2 | On Loan: No      |
| Citigroup Mortgage Loan Trust               | Citigroup Mortgage Loan Trust Inc                                               | CUSIP: 17307GNR5<br>LEI: 549300R1KUK063S4I339 | Long             | ABS-MBS          | CORP              | US        |     37910 | PA      | $35030.41     | 0.38%             | 2035-02-25      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| Freddiemac Strip                            | Freddie Mac Strips                                                              | CUSIP: 31282YJ42<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    151786 | PA      | $32105.92     | 0.35%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA RGTS MED              | Regents of the University of California Medical Center Pooled Revenue           | CUSIP: 913366KB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $6617.74      | 0.07%             | 2050-05-15      | Fixed         | 3.01%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage               | Citigroup Commercial Mortgage Trust 2013-GC15                                   | CUSIP: 17321JAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6994843 | PA      | $17910.99     | 0.20%             | 2046-09-10      | Variable      | 0.79%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                    | Rockies Express Pipeline LLC                                                    | CUSIP: 77340RAS6<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18915.95     | 0.21%             | 2025-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| UNIV OF MICHIGAN MI                         | University of Michigan                                                          | CUSIP: 914455VE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $22707.44     | 0.25%             | 2031-04-01      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                         | Comm 2014-UBS2 Mortgage Trust                                                   | CUSIP: 12591UAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    786530 | PA      | $6036.39      | 0.07%             | 2047-03-10      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS                      | Discover Financial Services                                                     | CUSIP: 254709AS7<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25454.60     | 0.28%             | 2032-11-29      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| BARNABAS HEALTH INC                         | Barnabas Health Inc                                                             | CUSIP: 06769QAA8<br>LEI: 549300P076255Y69C077 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14071.79     | 0.15%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AKER BP ASA                                 | Aker BP ASA                                                                     | CUSIP: 55037AAB4<br>LEI: 549300NFTY73920OYK69 | Long             | DBT              | CORP              | NO        |     35000 | PA      | $28807.98     | 0.31%             | 2031-07-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                              | Clorox Co/The                                                                   | CUSIP: 189054AZ2<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4811.85      | 0.05%             | 2032-05-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                    | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAP6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     10000 | PA      | $8042.79      | 0.09%             | 2028-02-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| XCEL ENERGY INC                             | Xcel Energy Inc                                                                 | CUSIP: 98389BAY6<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17888.75     | 0.20%             | 2030-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                        | Physicians Realty LP                                                            | CUSIP: 71951QAC6<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3915.05      | 0.04%             | 2031-11-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                   | Fannie Mae or Freddie Mac                                                       | CUSIP: 01F022618<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    100000 | PA      | $84617.21     | 0.92%             | 2053-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                   | Morgan Stanley Bank of America Merrill Lynch Trust 2014 C19                     | CUSIP: 61764PBV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1779929 | PA      | $23697.62     | 0.26%             | 2047-12-15      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                         | COMM 2013-CCRE9 Mortgage Trust                                                  | CUSIP: 12625UBC6<br>LEI: 549300C72XVZH4MIKU63 | Long             | ABS-MBS          | CORP              | US        |  10769773 | PA      | $310.17       | 0.00%             | 2045-07-10      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                | Broadcom Inc                                                                    | CUSIP: 11135FBF7<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7510.29      | 0.08%             | 2033-02-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu              | JPMBB Commercial Mortgage Securities Trust 2014-C25                             | CUSIP: 46643PBG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1410444 | PA      | $16684.43     | 0.18%             | 2047-11-15      | Variable      | 0.81%                 | No            |                  2 | On Loan: No      |
| 321 Henderson Receivables LLC               | JGWPT XXX LLC                                                                   | CUSIP: 46617LAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     30881 | PA      | $27676.37     | 0.30%             | 2073-01-17      | Fixed         | 4.08%                 | No            |                  2 | On Loan: No      |
| Long Beach Mortgage Loan Trust              | Long Beach Mortgage Loan Trust 2006-1                                           | CUSIP: 542514RH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      3934 | PA      | $3797.73      | 0.04%             | 2036-02-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                    | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAR2<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |     21000 | PA      | $16816.13     | 0.18%             | 2027-11-18      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| GSR Mortgage Loan Trust                     | GSR Mortgage Loan Trust 2005-AR6                                                | CUSIP: 362341RX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9767 | PA      | $9172.92      | 0.10%             | 2035-09-25      | Variable      | 3.77%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL               | New York City Transitional Finance Authority Future Tax Secured Revenue         | CUSIP: 64971XUY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $39221.35     | 0.43%             | 2033-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Home Equity Trust               | Wells Fargo Home Equity Trust Mortgage Pass-Through Certificates Series 2004-1  | CUSIP: 86359BMX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10693 | PA      | $10170.47     | 0.11%             | 2034-04-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                                                | CUSIP: 3132DWC27<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     46679 | PA      | $39696.44     | 0.43%             | 2052-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PREMIER HEALTH PARTNERS                     | Premier Health Partners                                                         | CUSIP: 74052BAA5<br>LEI: 549300KETC002I82TF46 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13227.79     | 0.14%             | 2026-11-15      | Fixed         | 2.91%                 | No            |                  2 | On Loan: No      |
| ELEVANCE HEALTH INC                         | Elevance Health Inc                                                             | CUSIP: 036752AW3<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20501.39     | 0.22%             | 2032-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 91282CGD7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    113000 | PA      | $112631.39    | 1.23%             | 2024-12-31      | Fixed         | 4.25%                 | No            |                  1 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac REMICS                                                              | CUSIP: 3137AQYU6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     98618 | PA      | $90461.36     | 0.99%             | 2042-06-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO GAS CAPITAL                     | Southern Co Gas Capital Corp                                                    | CUSIP: 8426EPAF5<br>LEI: E8CD46SWUD2TSN8PA636 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19699.74     | 0.22%             | 2032-09-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-9                                                   | CUSIP: 78445JAA5<br>LEI: 549300MTK92VF84VT259 | Long             | ABS-O            | CORP              | US        |     12048 | PA      | $11834.50     | 0.13%             | 2023-04-25      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                            | Kilroy Realty LP                                                                | CUSIP: 49427RAQ5<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |     40000 | PA      | $28549.62     | 0.31%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| RELX CAPITAL INC                            | RELX Capital Inc                                                                | CUSIP: 74949LAD4<br>LEI: 2R15C3RTKJN1RCBOV146 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25613.92     | 0.28%             | 2030-05-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TEACHERS INSUR & ANNUITY                    | Teachers Insurance & Annuity Association of America                             | CUSIP: 878091BE6<br>LEI: O06XD7BJ4EPXNABVFN69 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52767.76     | 0.58%             | 2054-09-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UDR INC                                     | UDR Inc                                                                         | CUSIP: 90265EAP5<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9369.44      | 0.10%             | 2029-01-26      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SANTA MONICA CA CMNTY CLG DIST              | Santa Monica Community College District                                         | CUSIP: 802385RX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $15084.92     | 0.16%             | 2033-08-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                                               | CUSIP: 3136A9VM7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     18228 | PA      | $15901.56     | 0.17%             | 2042-06-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| KILROY REALTY LP                            | Kilroy Realty LP                                                                | CUSIP: 49427RAP7<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4010.66      | 0.04%             | 2030-02-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                 | Freddie Mac Pool                                                                | CUSIP: 3132DWDC4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     47940 | PA      | $39023.53     | 0.43%             | 2052-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                            | Berry Global Inc                                                                | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17870.94     | 0.20%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-8                                                   | CUSIP: 78445GAD5<br>LEI: 549300R59P5DXM48DO55 | Long             | ABS-O            | CORP              | US        |     16138 | PA      | $15901.52     | 0.17%             | 2023-04-25      | Floating      | 5.86%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                    | Rockies Express Pipeline LLC                                                    | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9134.91      | 0.10%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH              | Massachusetts School Building Authority                                         | CUSIP: 576000XM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $12384.02     | 0.14%             | 2032-10-15      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2014-LC18                                 | CUSIP: 94989AAX3<br>LEI: 5493007CD1Q2V06I4172 | Long             | ABS-MBS          | CORP              | US        |   4356950 | PA      | $71078.71     | 0.78%             | 2047-12-15      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| STERIS PLC                                  | STERIS Irish FinCo UnLtd Co                                                     | CUSIP: 85917PAA5<br>LEI: 549300BRDKZ1HFI2J358 | Long             | DBT              | CORP              | IE        |     30000 | PA      | $24369.69     | 0.27%             | 2031-03-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                       | Athene Global Funding                                                           | CUSIP: 04685A2Z3<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4322.37      | 0.05%             | 2026-06-29      | Fixed         | 1.61%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL AVIATION RE              | County of Miami-Dade FL Aviation Revenue                                        | CUSIP: 59333P2P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $13130.92     | 0.14%             | 2031-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                         | Georgia-Pacific LLC                                                             | CUSIP: 37331NAK7<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16635.04     | 0.18%             | 2030-04-30      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                      | NextEra Energy Capital Holdings Inc                                             | CUSIP: 65339KBZ2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     17000 | PA      | $13733.76     | 0.15%             | 2032-01-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                 | Oracle Corp                                                                     | CUSIP: 68389XCE3<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |     70000 | PA      | $58119.52     | 0.63%             | 2031-03-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SMITH & NEPHEW PLC                          | Smith & Nephew PLC                                                              | CUSIP: 83192PAA6<br>LEI: 213800ZTMDN8S67S1H61 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $23521.26     | 0.26%             | 2030-10-14      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | IRS USD                                                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-28597.20    | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                              | Morgan Stanley                                                                  | CUSIP: 6174468X0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    135000 | PA      | $101686.60    | 1.11%             | 2032-04-28      | Fixed         | 1.93%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP SAL              | New York State Urban Development Corp                                           | CUSIP: 64985TBJ9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     15000 | PA      | $12175.26     | 0.13%             | 2034-03-15      | Fixed         | 2.97%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                       | Molina Healthcare Inc                                                           | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25650.00     | 0.28%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                             | CVS Health Corp                                                                 | CUSIP: 126650DG2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44839.04     | 0.49%             | 2029-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Structured Asset Mortgage Inve              | Structured Asset Mortgage Investments II Trust 2004-AR1                         | CUSIP: 86359LAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1447 | PA      | $1376.09      | 0.02%             | 2034-03-19      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| CIM Trust                                   | CIM Trust 2021-R4                                                               | CUSIP: 12598HAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     68734 | PA      | $59771.49     | 0.65%             | 2061-05-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA VLY CA TRANSPRTN A              | Santa Clara Valley Transportation Authority                                     | CUSIP: 80168NEP0<br>LEI: 549300R6Q7T4MD3V9H68 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20618.00     | 0.23%             | 2032-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| FRESENIUS MED CARE III                      | Fresenius Medical Care US Finance III Inc                                       | CUSIP: 35805BAC2<br>LEI: 5299006ZHLMXOOUVTU44 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16957.11     | 0.19%             | 2026-12-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                            | Berry Global Inc                                                                | CUSIP: 08576PAF8<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17132.56     | 0.19%             | 2027-01-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                          | CUSIP: 225401BB3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     15000 | PA      | $15450.97     | 0.17%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| WALT DISNEY COMPANY/THE                     | Walt Disney Co/The                                                              | CUSIP: 254687CT1<br>LEI: 549300GZKULIZ0WOW665 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12382.30     | 0.14%             | 2024-01-20      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP                          | Union Pacific Corp                                                              | CUSIP: 907818FQ6<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15912.31     | 0.17%             | 2036-04-06      | Fixed         | 2.89%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA INC                         | DENTSPLY SIRONA Inc                                                             | CUSIP: 24906PAA7<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29132.91     | 0.32%             | 2030-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL                      | Mondelez International Inc                                                      | CUSIP: 609207BB0<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25623.26     | 0.28%             | 2032-03-17      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACK HILLS CORP                            | Black Hills Corp                                                                | CUSIP: 092113AQ2<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | DBT              | CORP              | US        |     36000 | PA      | $31882.19     | 0.35%             | 2033-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                      | Extra Space Storage LP                                                          | CUSIP: 30225VAH0<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22480.47     | 0.25%             | 2029-04-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOMES 4 RENT                       | American Homes 4 Rent LP                                                        | CUSIP: 02666TAC1<br>LEI: 549300N4PXZ37U8QKI55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23126.43     | 0.25%             | 2031-07-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PHYSICIANS REALTY LP                        | Physicians Realty LP                                                            | CUSIP: 71951QAA0<br>LEI: 549300P6Q1UMT0X60U20 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15122.93     | 0.17%             | 2027-03-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK PLC                            | Santander UK PLC                                                                | CUSIP: 80283LAA1<br>LEI: PTCQB104N23FMNK2RZ28 | Long             | DBT              | CORP              | GB        |     35000 | PA      | $35121.38     | 0.38%             | 2023-11-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INVITATION HOMES OP                         | Invitation Homes Operating Partnership LP                                       | CUSIP: 46188BAB8<br>LEI: 549300147YMUQB3GW319 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37287.30     | 0.41%             | 2028-11-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38381AYA8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      2407 | PA      | $2259.09      | 0.02%             | 2048-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                    | Elanco Animal Health Inc                                                        | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14347.65     | 0.16%             | 2028-08-28      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA UNIF SCH DIST                | Los Angeles Unified School District/CA                                          | CUSIP: 544646ZR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11203.13     | 0.12%             | 2034-07-01      | Fixed         | 6.76%                 | No            |                  2 | On Loan: No      |
| REGENERON PHARMACEUTICAL                    | Regeneron Pharmaceuticals Inc                                                   | CUSIP: 75886FAE7<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15509.25     | 0.17%             | 2030-09-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                  | Humana Inc                                                                      | CUSIP: 444859BV3<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25922.27     | 0.28%             | 2033-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                    | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     15000 | PA      | $12605.61     | 0.14%             | 2028-10-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | IRS USD                                                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-20637.12    | -0.23%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO              | New York State Dormitory Authority                                              | CUSIP: 6499022E2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50546.08     | 0.55%             | 2033-03-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38380Y2X2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     23323 | PA      | $21985.06     | 0.24%             | 2048-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SES SA                                      | SES SA                                                                          | CUSIP: 78413HAA7<br>LEI: 5493008JPA4HYMH1HX51 | Long             | DBT              | CORP              | LU        |     15000 | PA      | $14902.03     | 0.16%             | 2023-04-04      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| HYATT HOTELS CORP                           | Hyatt Hotels Corp                                                               | CUSIP: 448579AN2<br>LEI: T27JQIMTYSH41TCD5186 | Long             | DBT              | CORP              | US        |     35000 | PA      | $32817.80     | 0.36%             | 2024-10-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | IRS USD                                                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-28417.59    | -0.31%            |  |  |  | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTN                    | Piedmont Operating Partnership LP                                               | CUSIP: 720198AF7<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |     35000 | PA      | $24541.29     | 0.27%             | 2032-04-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38378KQ69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    794546 | PA      | $10494.28     | 0.11%             | 2054-10-16      | Variable      | 0.20%                 | No            |                  2 | On Loan: No      |
| MACQUARIE GROUP LTD                         | Macquarie Group Ltd                                                             | CUSIP: 55607PAF2<br>LEI: ACMHD8HWFMFUIQQ8Y590 | Long             | DBT              | CORP              | AU        |     45000 | PA      | $38202.87     | 0.42%             | 2027-09-23      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                              | Air Lease Corp                                                                  | CUSIP: 00912XBF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14063.70     | 0.15%             | 2028-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL               | New York City Transitional Finance Authority Future Tax Secured Revenue         | CUSIP: 64971XEN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $4584.78      | 0.05%             | 2029-08-01      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2014-LC16                                 | CUSIP: 94988XAX4<br>LEI: 549300PX4QZK7CUM8D08 | Long             | ABS-MBS          | CORP              | US        |    294937 | PA      | $3135.21      | 0.03%             | 2050-08-15      | Variable      | 1.08%                 | No            |                  2 | On Loan: No      |
| AVOLON HOLDINGS FNDG LTD                    | Avolon Holdings Funding Ltd                                                     | CUSIP: 05401AAG6<br>LEI: 635400ZRKEX9L1BKCH30 | Long             | DBT              | CORP              | KY        |      5000 | PA      | $4569.41      | 0.05%             | 2026-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MMI CAPITAL TRUST I                         | MMI Capital Trust I                                                             | CUSIP: 553086AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $53878.50     | 0.59%             | 2027-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV                     | Fidelity National Information Services Inc                                      | CUSIP: 31620MBY1<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24139.56     | 0.26%             | 2032-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                     | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $3214.08      | 0.04%             | 2032-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | IRS USD                                                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $-14094.78    | -0.15%            |  |  |  | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-9                                                   | CUSIP: 78445JAB3<br>LEI: 549300MTK92VF84VT259 | Long             | ABS-O            | CORP              | US        |     15000 | PA      | $15005.61     | 0.16%             | 2083-10-25      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HLDGS                    | Santander UK Group Holdings PLC                                                 | CUSIP: 80281LAR6<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |     15000 | PA      | $12841.96     | 0.14%             | 2028-01-11      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| SOUTHERN NATURAL GAS                        | Southern Natural Gas Co LLC                                                     | CUSIP: 84346LAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $24383.24     | 0.27%             | 2047-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BALTIMORE MD REVENUE                        | City of Baltimore MD                                                            | CUSIP: 059231Y38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $11164.70     | 0.12%             | 2033-07-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH              | Massachusetts School Building Authority                                         | CUSIP: 576000B85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $10676.36     | 0.12%             | 2037-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                         | JPMorgan Chase & Co                                                             | CUSIP: 46647PBU9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76031.78     | 0.83%             | 2031-11-19      | Fixed         | 1.76%                 | No            |                  2 | On Loan: No      |
| LXP INDUSTRIAL TRUST                        | LXP Industrial Trust                                                            | CUSIP: 529043AE1<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19975.27     | 0.22%             | 2030-09-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                       | Micron Technology Inc                                                           | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |     15000 | PA      | $11267.46     | 0.12%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-7                                                   | CUSIP: 78445FAE5<br>LEI: 54930067BGNOZYMNWK87 | Long             | ABS-O            | CORP              | US        |     20000 | PA      | $19794.71     | 0.22%             | 2083-07-26      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                    | Healthcare Realty Holdings LP                                                   | CUSIP: 42225UAH7<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37966.88     | 0.41%             | 2031-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                    | Charter Communications Operating LLC / Charter Communications Operating Capital | CUSIP: 161175BX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $73911.50     | 0.81%             | 2032-02-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                        | Tencent Holdings Ltd                                                            | CUSIP: 88032WAN6<br>LEI: 254900N4SLUMW4XUYY11 | Long             | DBT              | CORP              | KY        |     30000 | PA      | $27641.63     | 0.30%             | 2029-04-11      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| US AIRWAYS 2012-1A PTT                      | US Airways 2012-1 Class A Pass Through Trust                                    | CUSIP: 90345WAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35633 | PA      | $34354.16     | 0.38%             | 2024-10-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| JBS USA/FOOD/FINANCE                        | JBS USA LUX SA / JBS USA Food Co / JBS USA Finance Inc                          | CUSIP: 46590XAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     32000 | PA      | $26132.87     | 0.29%             | 2031-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| IMPERIAL BRANDS FIN PLC                     | Imperial Brands Finance PLC                                                     | CUSIP: 453140AF2<br>LEI: 2138008L3B3MCG1DFS50 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $28693.83     | 0.31%             | 2025-07-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ANHEUSER-BUSCH INBEV WOR                    | Anheuser-Busch InBev Worldwide Inc                                              | CUSIP: 035240AV2<br>LEI: 549300CRGMZK3K53BF92 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27382.69     | 0.30%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management          | Dreyfus Government Cash Management                                              | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    316500 | NS      | $316500.00    | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-5                                                   | CUSIP: 78444YAE5<br>LEI: 549300SRMXHPGI3BJ386 | Long             | ABS-O            | CORP              | US        |     35000 | PA      | $33168.96     | 0.36%             | 2073-07-25      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| COMCAST CORP                                | Comcast Corp                                                                    | CUSIP: 20030NDM0<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8078.94      | 0.09%             | 2031-01-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| AMCOR FINANCE USA INC                       | Amcor Finance USA Inc                                                           | CUSIP: 02343UAG0<br>LEI: 549300ZMT7FVT8R77U18 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23719.89     | 0.26%             | 2026-04-28      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Mortgage Loan T              | Morgan Stanley Mortgage Loan Trust 2004-5AR                                     | CUSIP: 61748HAR2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     10820 | PA      | $10102.39     | 0.11%             | 2034-07-25      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV              | New York State Urban Development Corp                                           | CUSIP: 650036EB8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     15000 | PA      | $11250.83     | 0.12%             | 2033-03-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SYDNEY AIRPORT FINANCE                      | Sydney Airport Finance Co Pty Ltd                                               | CUSIP: 87124VAF6<br>LEI: 549300MJAANHLHOVTO40 | Long             | DBT              | CORP              | AU        |     15000 | PA      | $14043.31     | 0.15%             | 2026-04-28      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CIGNA CORP                                  | Cigna Corp                                                                      | CUSIP: 125523CL2<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29399.18     | 0.32%             | 2030-03-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                    | Take-Two Interactive Software Inc                                               | CUSIP: 874054AH2<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13303.07     | 0.15%             | 2032-04-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU              | WFRBS Commercial Mortgage Trust 2014-C19                                        | CUSIP: 92938VAW5<br>LEI: 549300FCX3YXSYSLU895 | Long             | ABS-MBS          | CORP              | US        |   5757830 | PA      | $44326.08     | 0.48%             | 2047-03-15      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                            | Paramount Global                                                                | CUSIP: 92556HAD9<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24574.45     | 0.27%             | 2032-05-19      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO                        | Kraft Heinz Foods Co                                                            | CUSIP: 50077LAL0<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26959.52     | 0.29%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                     | Becton Dickinson and Co                                                         | CUSIP: 075887BW8<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18928.16     | 0.21%             | 2027-06-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| FARMERS EXCHANGE CAPITAL                    | Farmers Exchange Capital                                                        | CUSIP: 309588AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5140.26      | 0.06%             | 2028-07-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                    | Healthcare Realty Holdings LP                                                   | CUSIP: 42225UAJ3<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3822.55      | 0.04%             | 2025-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                                 | City of New York NY                                                             | CUSIP: 64966QRQ5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |     30000 | PA      | $23237.82     | 0.25%             | 2031-08-01      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Secu              | JPMBB Commercial Mortgage Securities Trust 2014-C22                             | CUSIP: 46642NBF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1802371 | PA      | $16908.95     | 0.18%             | 2047-09-15      | Variable      | 0.80%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                  | Zoetis Inc                                                                      | CUSIP: 98978VAV5<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20769.53     | 0.23%             | 2032-11-16      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                    | Equitable Financial Life Global Funding                                         | CUSIP: 29449W7M3<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21668.25     | 0.24%             | 2026-07-12      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                | Illumina Inc                                                                    | CUSIP: 452327AM1<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20076.40     | 0.22%             | 2031-03-23      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| INTL FLAVOR & FRAGRANCES                    | International Flavors & Fragrances Inc                                          | CUSIP: 459506AQ4<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23870.01     | 0.26%             | 2030-11-01      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| SKYAF 2020-1 A                              | SKYAF 2020-1 A                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     35913 | PA      | $31832.54     | 0.35%             | 2038-05-10      | Floating      | 3.23%                 | No            |                  3 | On Loan: No      |
| Fanniemae-Aces                              | Fannie Mae-Aces                                                                 | CUSIP: 3136ARP44<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    305325 | PA      | $4818.74      | 0.05%             | 2039-01-25      | Variable      | 2.67%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD                    | Alimentation Couche-Tard Inc                                                    | CUSIP: 01626PAM8<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |     35000 | PA      | $29698.14     | 0.32%             | 2030-01-25      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY ENERG                    | Berkshire Hathaway Energy Co                                                    | CUSIP: 084659BD2<br>LEI: 549300JD0S5IZJE9LY15 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19411.60     | 0.21%             | 2031-05-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Fidelity Government Portfolio               | Fidelity Government Portfolio                                                   | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     21166 | NS      | $21166.36     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SONOCO PRODUCTS CO                          | Sonoco Products Co                                                              | CUSIP: 835495AL6<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21536.71     | 0.24%             | 2030-05-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CIT Mortgage Loan Trust                     | CIT Mortgage Loan Trust 2007-1                                                  | CUSIP: 12559QAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      2163 | PA      | $2153.19      | 0.02%             | 2037-10-25      | Floating      | 5.74%                 | No            |                  2 | On Loan: No      |
| SMITHFIELD FOODS INC                        | Smithfield Foods Inc                                                            | CUSIP: 832248BD9<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | DBT              | CORP              | US        |     40000 | PA      | $28752.54     | 0.31%             | 2031-09-13      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| PROV ST JOSEPH HLTH OBL                     | Providence St Joseph Health Obligated Group                                     | CUSIP: 743756AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $18768.37     | 0.20%             | 2026-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS HOLDINGS INC                    | BAE Systems Holdings Inc                                                        | CUSIP: 05523UAP5<br>LEI: MF62XBVMNYTYMC18DL76 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9652.10      | 0.11%             | 2025-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| JETBLUE 2019-1 CLASS AA                     | JetBlue 2019-1 Class AA Pass Through Trust                                      | CUSIP: 477143AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     28574 | PA      | $23557.03     | 0.26%             | 2032-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2013-GCJ14                                         | CUSIP: 36198FAG7<br>LEI: 549300ITVQSU1IHX4H03 | Long             | ABS-MBS          | CORP              | US        |   4343661 | PA      | $6140.42      | 0.07%             | 2046-08-10      | Variable      | 0.51%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                          | CUSIP: 225401AU2<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     20000 | PA      | $13903.71     | 0.15%             | 2032-05-14      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 91282CGC9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    123000 | PA      | $122298.86    | 1.34%             | 2027-12-31      | Fixed         | 3.88%                 | No            |                  1 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                    | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42188 | PA      | $41710.23     | 0.46%             | 2025-03-20      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| MSILF Government Portfolio                  | MSILF Government Portfolio                                                      | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |     65000 | NS      | $65000.00     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP INDUSTRIAL TRUST                        | LXP Industrial Trust                                                            | CUSIP: 529537AA0<br>LEI: 549300S4MH2ICXDBFV43 | Long             | DBT              | CORP              | US        |     25000 | PA      | $18996.54     | 0.21%             | 2031-10-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                          | CUSIP: 225401AT5<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     45000 | PA      | $35885.60     | 0.39%             | 2027-02-02      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALT                    | Rexford Industrial Realty LP                                                    | CUSIP: 76169XAA2<br>LEI: 549300028US163ELJN70 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3902.70      | 0.04%             | 2030-12-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                         | Global Payments Inc                                                             | CUSIP: 37940XAN2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14574.07     | 0.16%             | 2029-08-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                          | Royalty Pharma PLC                                                              | CUSIP: 78081BAJ2<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |     25000 | PA      | $21247.58     | 0.23%             | 2027-09-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                   | Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22                     | CUSIP: 61690FAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    659524 | PA      | $10204.16     | 0.11%             | 2048-04-15      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                    | Baxter International Inc                                                        | CUSIP: 071813BY4<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9127.80      | 0.10%             | 2030-04-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                              | Starbucks Corp                                                                  | CUSIP: 855244AZ2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16837.41     | 0.18%             | 2030-11-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL HEALTH SVCS                       | Universal Health Services Inc                                                   | CUSIP: 913903AX8<br>LEI: 549300YGMGQDO0NMJD09 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30194.00     | 0.33%             | 2026-09-01      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                      | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $47973.82     | 0.52%             | 2025-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    171000 | PA      | $170073.78    | 1.86%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  1 | On Loan: No      |
| BANNER HEALTH                               | Banner Health                                                                   | CUSIP: 06654DAB3<br>LEI: PLD0E0WJKFN8IZJ2WD85 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8431.27      | 0.09%             | 2030-01-01      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| Bear Stearns Adjustable Rate M              | Bear Stearns ARM Trust 2004-1                                                   | CUSIP: 07384MG97<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      6718 | PA      | $6187.77      | 0.07%             | 2034-04-25      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                | DNB Bank ASA                                                                    | CUSIP: 23329PAF7<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |     15000 | PA      | $13258.21     | 0.14%             | 2026-09-16      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE BLDG SOCIETY                     | Nationwide Building Society                                                     | CUSIP: 63859UBH5<br>LEI: 549300XFX12G42QIKN82 | Long             | DBT              | CORP              | GB        |     25000 | PA      | $21579.08     | 0.24%             | 2026-10-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Corp Trust 2020-UPTN                                     | CUSIP: 36258PAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $2428.95      | 0.03%             | 2037-02-10      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| AON CORP/AON GLOBAL HOLD                    | Aon Corp / Aon Global Holdings PLC                                              | CUSIP: 03740LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8177.35      | 0.09%             | 2031-12-02      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Aimco                                       | AIMCO CLO Series 2015-A                                                         | CUSIP: 00900LAQ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     70000 | PA      | $67421.69     | 0.74%             | 2034-10-17      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | 2 YEAR US TREASURY NOTE                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        10 | NC      | $2387.63      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 912810TL2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      4000 | PA      | $4023.13      | 0.04%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  1 | On Loan: No      |
| S&P GLOBAL INC                              | S&P Global Inc                                                                  | CUSIP: 78409VBC7<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8542.38      | 0.09%             | 2032-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTL INC                      | Philip Morris International Inc                                                 | CUSIP: 718172CX5<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30724.33     | 0.34%             | 2032-11-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                             | United States Treasury Inflation Indexed Bonds                                  | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     12307 | PA      | $11274.41     | 0.12%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                         | Petroleos Mexicanos                                                             | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     30000 | PA      | $22812.00     | 0.25%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                       | Level 3 Financing Inc                                                           | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     30000 | PA      | $23728.06     | 0.26%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CLOROX COMPANY                              | Clorox Co/The                                                                   | CUSIP: 189054AX7<br>LEI: 54930044KVSC06Z79I06 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19938.36     | 0.22%             | 2030-05-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| HUMANA INC                                  | Humana Inc                                                                      | CUSIP: 444859BT8<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9150.17      | 0.10%             | 2029-03-23      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRU              | WFRBS Commercial Mortgage Trust 2014-LC14                                       | CUSIP: 96221TAH0<br>LEI: 549300QGM7D5K3CV2643 | Long             | ABS-MBS          | CORP              | US        |   1204187 | PA      | $10294.41     | 0.11%             | 2047-03-15      | Variable      | 1.24%                 | No            |                  2 | On Loan: No      |
| CHURCH & DWIGHT CO INC                      | Church & Dwight Co Inc                                                          | CUSIP: 17136MAC6<br>LEI: POOXSI30AWAQGYJZC921 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36333.15     | 0.40%             | 2032-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN EDISON CO                      | Metropolitan Edison Co                                                          | CUSIP: 591894CB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $23925.14     | 0.26%             | 2025-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VENTAS REALTY LP                            | Ventas Realty LP                                                                | CUSIP: 92277GAG2<br>LEI: 32SXKSJ72K64GM3HOU64 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9710.52      | 0.11%             | 2026-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                | Broadcom Inc                                                                    | CUSIP: 11135FBK6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28146.35     | 0.31%             | 2033-04-15      | Fixed         | 3.42%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                         | Fifth Third Bancorp                                                             | CUSIP: 316773DA5<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13489.45     | 0.15%             | 2027-05-05      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                     | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $19093.60     | 0.21%             | 2029-01-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                | CSMC Trust 2016-NXSR                                                            | CUSIP: 12594PAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    315579 | PA      | $6481.20      | 0.07%             | 2049-12-15      | Variable      | 0.71%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP SAL              | New York State Urban Development Corp                                           | CUSIP: 64985TDM0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |     25000 | PA      | $19055.53     | 0.21%             | 2035-03-15      | Fixed         | 2.59%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                    | Madison Park Funding XXXIX Ltd                                                  | CUSIP: 55821LAC8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     70000 | PA      | $66682.00     | 0.73%             | 2034-10-22      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| BERKSHIRE HATHAWAY FIN                      | Berkshire Hathaway Finance Corp                                                 | CUSIP: 084664DA6<br>LEI: 549300RLHFT5RU20WM87 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4341.26      | 0.05%             | 2032-03-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BACARDI LTD                                 | Bacardi Ltd                                                                     | CUSIP: 067316AF6<br>LEI: 549300R32WTQNHNN5055 | Long             | DBT              | CORP              | BM        |     10000 | PA      | $9566.13      | 0.10%             | 2028-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                         | JPMorgan Chase & Co                                                             | CUSIP: 46647PCB0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    240000 | PA      | $211421.47    | 2.31%             | 2027-04-22      | Fixed         | 1.58%                 | No            |                  2 | On Loan: No      |
| Fanniemae-Aces                              | Fannie Mae-Aces                                                                 | CUSIP: 3136AQ5K2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     66979 | PA      | $606.24       | 0.01%             | 2036-04-25      | Variable      | 2.09%                 | No            |                  2 | On Loan: No      |
| LIFE STORAGE LP                             | Life Storage LP                                                                 | CUSIP: 53227JAC8<br>LEI: X0MIGH67XZCB7HL1A534 | Long             | DBT              | CORP              | US        |     40000 | PA      | $31174.33     | 0.34%             | 2030-10-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                   | Fannie Mae or Freddie Mac                                                       | CUSIP: 01F040610<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     50000 | PA      | $46883.62     | 0.51%             | 2053-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                      | Extra Space Storage LP                                                          | CUSIP: 30225VAG2<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7592.15      | 0.08%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mor              | JP Morgan Chase Commercial Mortgage Securities Trust 2010-C2                    | CUSIP: 46635GAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    597694 | PA      | $7203.65      | 0.08%             | 2043-11-15      | Variable      | 1.46%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38376GV64<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |         0 | PA      | $0.00         | 0.00%             | 2046-08-16      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                            | Duke Energy Corp                                                                | CUSIP: 26441CBL8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28603.96     | 0.31%             | 2031-06-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO              | New York State Dormitory Authority                                              | CUSIP: 64990FD84<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     75000 | PA      | $61331.61     | 0.67%             | 2029-03-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2011-GC5                                           | CUSIP: 36191YAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    238430 | PA      | $0.57         | 0.00%             | 2044-08-10      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 10YR ULTRA                                                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -12 | NC      | $3875.46      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-2                                                   | CUSIP: 784442AD7<br>LEI: 549300MHMWVKFEDI8G73 | Long             | ABS-O            | CORP              | US        |     20000 | PA      | $15301.22     | 0.17%             | 2083-01-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                      | Verizon Communications Inc                                                      | CUSIP: 92343VGN8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |     31000 | PA      | $24621.96     | 0.27%             | 2032-03-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN POWER CO                        | Appalachian Power Co                                                            | CUSIP: 037735CW5<br>LEI: 3SCHO1ABYYIG382BEI70 | Long             | DBT              | CORP              | US        |     20000 | PA      | $18753.94     | 0.20%             | 2027-06-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| HCA INC                                     | HCA Inc                                                                         | CUSIP: 404119CF4<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8467.91      | 0.09%             | 2032-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                         | COMM 2014-CCRE19 Mortgage Trust                                                 | CUSIP: 12592GBE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    574686 | PA      | $6279.82      | 0.07%             | 2047-08-10      | Variable      | 0.93%                 | No            |                  2 | On Loan: No      |
| FARMERS INS EXCH                            | Farmers Insurance Exchange                                                      | CUSIP: 309601AE2<br>LEI: 549300UWG2TLX1GZVT44 | Long             | DBT              | CORP              | US        |     45000 | PA      | $36244.25     | 0.40%             | 2057-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily Structured P              | Freddie Mac Multifamily Structured Pass Through Certificates                    | CUSIP: 3137BLN38<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    250000 | PA      | $8851.08      | 0.10%             | 2043-10-25      | Variable      | 1.55%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                     | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYN8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39603.14     | 0.43%             | 2032-10-21      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                    | Hudson Pacific Properties LP                                                    | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |     75000 | PA      | $63922.75     | 0.70%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                    | Constellation Brands Inc                                                        | CUSIP: 21036PBF4<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25606.32     | 0.28%             | 2030-05-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                 | Equinix Inc                                                                     | CUSIP: 29444UBU9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22176.49     | 0.24%             | 2032-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                    | Plains All American Pipeline LP / PAA Finance Corp                              | CUSIP: 72650RBJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29405.20     | 0.32%             | 2025-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| T-MOBILE USA INC                            | T-Mobile USA Inc                                                                | CUSIP: 87264ACB9<br>LEI: 549300V2JRLO5DIFGE82 | Long             | DBT              | CORP              | US        |     79000 | PA      | $64728.17     | 0.71%             | 2031-02-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| WACHOVIA STUDENT LOAN TRUST                 | Wachovia Student Loan Trust 2006-1                                              | CUSIP: 92978JAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     26740 | PA      | $25542.30     | 0.28%             | 2040-04-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38378B5H8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    496353 | PA      | $5600.30      | 0.06%             | 2054-02-16      | Variable      | 0.58%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                          | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |     35000 | PA      | $30802.77     | 0.34%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| IndyMac INDX Mortgage Loan Tru              | IndyMac INDX Mortgage Loan Trust 2007-FLX3                                      | CUSIP: 45670AAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     71021 | PA      | $61881.39     | 0.68%             | 2037-06-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| WEYERHAEUSER CO                             | Weyerhaeuser Co                                                                 | CUSIP: 962166CA0<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12579.40     | 0.14%             | 2033-03-09      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                              | Morgan Stanley                                                                  | CUSIP: 61747YEF8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3650.30      | 0.04%             | 2036-09-16      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                          | Energy Transfer LP                                                              | CUSIP: 29278NAF0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43599.75     | 0.48%             | 2028-06-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| UBS-Barclays Commercial Mortga              | UBS-Barclays Commercial Mortgage Trust 2012-C3                                  | CUSIP: 90349DAL6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    307584 | PA      | $82.14        | 0.00%             | 2049-08-10      | Variable      | 0.17%                 | No            |                  3 | On Loan: No      |
| ILLUMINA INC                                | Illumina Inc                                                                    | CUSIP: 452327AP4<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15216.29     | 0.17%             | 2027-12-13      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WILLIS NORTH AMERICA INC                    | Willis North America Inc                                                        | CUSIP: 970648AJ0<br>LEI: 5493004KVU1HWZCP0C66 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21067.55     | 0.23%             | 2029-09-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| AMEREN CORP                                 | Ameren Corp                                                                     | CUSIP: 023608AJ1<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | DBT              | CORP              | US        |     75000 | PA      | $66520.20     | 0.73%             | 2031-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                       | Republic Services Inc                                                           | CUSIP: 760759AR1<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4663.88      | 0.05%             | 2026-07-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| ASCENSION HEALTH                            | Ascension Health                                                                | CUSIP: 04352EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $17186.15     | 0.19%             | 2029-11-15      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| JERSEY CENTRAL PWR & LT                     | Jersey Central Power & Light Co                                                 | CUSIP: 476556DD4<br>LEI: 549300W9UGH9ZPLNPF79 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28203.28     | 0.31%             | 2032-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                         | Petroleos Mexicanos                                                             | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     13000 | PA      | $10237.50     | 0.11%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PIPELINE FUNDING CO LLC                     | Pipeline Funding Co LLC                                                         | CUSIP: 724060AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     17324 | PA      | $17504.86     | 0.19%             | 2030-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                              | Air Lease Corp                                                                  | CUSIP: 00912XAY0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     26000 | PA      | $23572.47     | 0.26%             | 2027-12-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage               | Citigroup Commercial Mortgage Trust 2013-GC11                                   | CUSIP: 17320DAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2042936 | PA      | $1754.88      | 0.02%             | 2046-04-10      | Variable      | 1.26%                 | No            |                  2 | On Loan: No      |
| PIEDMONT NATURAL GAS CO                     | Piedmont Natural Gas Co Inc                                                     | CUSIP: 720186AN5<br>LEI: VXB4M3BDPKF3I2AZ3G89 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8186.96      | 0.09%             | 2031-03-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2010-C1                                            | CUSIP: 36249KAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2444287 | PA      | $4114.47      | 0.04%             | 2043-08-10      | Variable      | 0.46%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                         | COMM 2014-UBS5 Mortgage Trust                                                   | CUSIP: 12592KBD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1996288 | PA      | $21359.99     | 0.23%             | 2047-09-10      | Variable      | 0.83%                 | No            |                  3 | On Loan: No      |
| Fannie Mae or Freddie Mac                   | Fannie Mae or Freddie Mac                                                       | CUSIP: 01F042616<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    275000 | PA      | $264804.48    | 2.89%             | 2053-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                     | Goldman Sachs Group Inc/The                                                     | CUSIP: 38141GYG3<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77789.82     | 0.85%             | 2027-09-10      | Fixed         | 1.54%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | IRS USD                                                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $12210.55     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                         | CommonSpirit Health                                                             | CUSIP: 20268JAF0<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16467.06     | 0.18%             | 2030-10-01      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2014-GC20                                          | CUSIP: 36252WAZ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2265142 | PA      | $18473.12     | 0.20%             | 2047-04-10      | Variable      | 1.01%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                         | American Tower Corp                                                             | CUSIP: 03027XBA7<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12732.35     | 0.14%             | 2030-01-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Ameriquest Mortgage Securities              | Ameriquest Mortgage Securities Inc Asset Backed Pass-Through Ctfs Ser 2005-R11  | CUSIP: 03072SV36<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    100000 | PA      | $95350.13     | 1.04%             | 2036-01-25      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| BAYER US FINANCE II LLC                     | Bayer US Finance II LLC                                                         | CUSIP: 07274NAL7<br>LEI: 529900XWNEXYNJ3X6T40 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42332.86     | 0.46%             | 2028-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ELEC POWER                     | Southwestern Electric Power Co                                                  | CUSIP: 845437BR2<br>LEI: R64UBJHEC74EB3HGQ410 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14259.16     | 0.16%             | 2028-09-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                 | Oracle Corp                                                                     | CUSIP: 68389XCJ2<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5254.37      | 0.06%             | 2032-11-09      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARIZONA PUBLIC SERVICE                      | Arizona Public Service Co                                                       | CUSIP: 040555DE1<br>LEI: YG6VT0TPHRH4TFVAQV64 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15800.08     | 0.17%             | 2032-12-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| ESSEX PORTFOLIO LP                          | Essex Portfolio LP                                                              | CUSIP: 29717PAV9<br>LEI: 5493003GN3O58H286O74 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7925.56      | 0.09%             | 2032-03-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| RAYMOND JAMES FINANCIAL                     | Raymond James Financial Inc                                                     | CUSIP: 754730AG4<br>LEI: RGUZHJ05YTITL6D76949 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19293.93     | 0.21%             | 2030-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                           | HSBC Holdings PLC                                                               | CUSIP: 404280CV9<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     95000 | PA      | $76897.25     | 0.84%             | 2029-08-17      | Fixed         | 2.21%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38381RME6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     20197 | PA      | $18605.39     | 0.20%             | 2049-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIFE INSURANCE                     | New York Life Insurance Co                                                      | CUSIP: 64952GAE8<br>LEI: TAE73CY392TBWJ3O3305 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25881.52     | 0.28%             | 2033-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                          | VICI Properties LP                                                              | CUSIP: 925650AD5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |     25000 | PA      | $23208.88     | 0.25%             | 2032-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-3                                                   | CUSIP: 78444GAD6<br>LEI: 549300OORAXMFXOHG132 | Long             | ABS-O            | CORP              | US        |     20000 | PA      | $18435.88     | 0.20%             | 2083-04-26      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-6                                                   | CUSIP: 78445CAD4<br>LEI: 549300JQFJDGC1WO7674 | Long             | ABS-O            | CORP              | US        |     26028 | PA      | $25055.90     | 0.27%             | 2023-07-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | IRS USD                                                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $5977.11      | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                        | Bank of America Corp                                                            | CUSIP: 06051GJS9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43846.97     | 0.48%             | 2027-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| WRKCO INC                                   | WRKCo Inc                                                                       | CUSIP: 92940PAG9<br>LEI: 549300JEB576INN13W07 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8000.00      | 0.09%             | 2033-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    211000 | PA      | $215236.49    | 2.35%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  1 | On Loan: No      |
| ITC HOLDINGS CORP                           | ITC Holdings Corp                                                               | CUSIP: 465685AR6<br>LEI: 549300HTO5U9D3SLE207 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19774.25     | 0.22%             | 2027-09-22      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AON CORP                                    | Aon Corp                                                                        | CUSIP: 037389BE2<br>LEI: LTS3U8DGK38SETRUWX71 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21370.88     | 0.23%             | 2030-05-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BAE SYSTEMS HOLDINGS INC                    | BAE Systems Holdings Inc                                                        | CUSIP: 05523UAK6<br>LEI: MF62XBVMNYTYMC18DL76 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14642.23     | 0.16%             | 2024-10-07      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                               | Citigroup Inc                                                                   | CUSIP: 172967MY4<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     50000 | PA      | $39592.44     | 0.43%             | 2032-05-01      | Fixed         | 2.56%                 | No            |                  2 | On Loan: No      |
| GLP CAPITAL LP / FIN II                     | GLP Capital LP / GLP Financing II Inc                                           | CUSIP: 361841AP4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $17525.00     | 0.19%             | 2030-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 91282CFU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      2000 | PA      | $2007.73      | 0.02%             | 2027-10-31      | Fixed         | 4.12%                 | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                              | Amazon.com Inc                                                                  | CUSIP: 023135CH7<br>LEI: ZXTILKJKG63JELOEG630 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9181.57      | 0.10%             | 2032-04-13      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US ULTRA TREASURY BOND                                                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -1 | NC      | $-280.79      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL               | New York City Transitional Finance Authority Future Tax Secured Revenue         | CUSIP: 64971XXC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $74259.83     | 0.81%             | 2033-02-01      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| PROGRESSIVE CORP                            | Progressive Corp/The                                                            | CUSIP: 743315AW3<br>LEI: 529900TACNVLY9DCR586 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9004.53      | 0.10%             | 2030-03-26      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Fannie Mae or Freddie Mac                   | Fannie Mae or Freddie Mac                                                       | CUSIP: 01F050619<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    375000 | PA      | $369506.94    | 4.04%             | 2053-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                        | Bank of America Corp                                                            | CUSIP: 06051GJT7<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28049.30     | 0.31%             | 2032-04-22      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| ALCON FINANCE CORP                          | Alcon Finance Corp                                                              | CUSIP: 01400EAA1<br>LEI: 549300CUZUI9VU7XNK42 | Long             | DBT              | CORP              | US        |     40000 | PA      | $36664.72     | 0.40%             | 2026-09-23      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-8                                                   | CUSIP: 78445GAE3<br>LEI: 549300R59P5DXM48DO55 | Long             | ABS-O            | CORP              | US        |     30000 | PA      | $28657.20     | 0.31%             | 2075-10-25      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| ALLIANT ENERGY FINANCE                      | Alliant Energy Finance LLC                                                      | CUSIP: 01882YAC0<br>LEI: 54930033ER6EOI5DL570 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43464.19     | 0.47%             | 2026-03-15      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage               | Citigroup Commercial Mortgage Trust 2014-GC25                                   | CUSIP: 17322YAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    561453 | PA      | $6941.80      | 0.08%             | 2047-10-10      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| WASTE CONNECTIONS INC                       | Waste Connections Inc                                                           | CUSIP: 94106BAA9<br>LEI: 549300HDLRTPBQU69P29 | Long             | DBT              | CORP              | CA        |     10000 | PA      | $8550.29      | 0.09%             | 2030-02-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                | Centene Corp                                                                    | CUSIP: 15135BAW1<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     50000 | PA      | $41100.21     | 0.45%             | 2030-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                 | Netflix Inc                                                                     | CUSIP: 64110LAY2<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19181.00     | 0.21%             | 2025-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38374EP35<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    187742 | PA      | $14745.41     | 0.16%             | 2033-10-20      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| HEALTHCARE RLTY HLDGS LP                    | Healthcare Realty Holdings LP                                                   | CUSIP: 42225UAG9<br>LEI: 549300IYGAS4GE6VDL07 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12623.49     | 0.14%             | 2030-02-15      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                    | American Assets Trust LP                                                        | CUSIP: 02401LAA2<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |     25000 | PA      | $19846.60     | 0.22%             | 2031-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| LLOYDS BANKING GROUP PLC                    | Lloyds Banking Group PLC                                                        | CUSIP: 53944YAT0<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $29343.43     | 0.32%             | 2026-08-11      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| US AIRWAYS 2010-1A PTT                      | US Airways 2010-1 Class A Pass Through Trust                                    | CUSIP: 90345KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2576 | PA      | $2569.48      | 0.03%             | 2023-04-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY              | San Francisco City & County Airport Comm-San Francisco International Airport    | CUSIP: 79766DUT4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |     20000 | PA      | $16085.56     | 0.18%             | 2034-05-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE CO OF NEW                    | Public Service Co of New Mexico                                                 | CUSIP: 744542AC5<br>LEI: OFZN1UT56PNG1CGSR346 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38255.27     | 0.42%             | 2025-08-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                                        | CUSIP: 38378BF61<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2150802 | PA      | $6377.34      | 0.07%             | 2053-02-16      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                              | Morgan Stanley                                                                  | CUSIP: 61747YEH4<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3911.03      | 0.04%             | 2032-10-20      | Fixed         | 2.51%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                  | Fiserv Inc                                                                      | CUSIP: 337738BC1<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16858.74     | 0.18%             | 2030-06-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN UNIVERSITY                     | Northwestern University                                                         | CUSIP: 668444AM4<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17631.24     | 0.19%             | 2038-12-01      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust                      | SLM Student Loan Trust 2008-6                                                   | CUSIP: 78445CAE2<br>LEI: 549300JQFJDGC1WO7674 | Long             | ABS-O            | CORP              | US        |     20000 | PA      | $18230.10     | 0.20%             | 2083-07-26      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                    | AT&T Inc                                                                        | CUSIP: 00206RMM1<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |     89000 | PA      | $68660.83     | 0.75%             | 2033-12-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2015-NXS2                                 | CUSIP: 94989MAH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2070615 | PA      | $24221.15     | 0.26%             | 2058-07-15      | Variable      | 0.61%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                    | JP Morgan Mortgage Trust 2005-A3                                                | CUSIP: 466247PW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       946 | PA      | $942.11       | 0.01%             | 2035-06-25      | Variable      | 2.86%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                              | Morgan Stanley                                                                  | CUSIP: 61747YEC5<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |     35000 | PA      | $30431.84     | 0.33%             | 2027-07-20      | Fixed         | 1.51%                 | No            |                  2 | On Loan: No      |
| PERKINELMER INC                             | PerkinElmer Inc                                                                 | CUSIP: 714046AH2<br>LEI: 549300IKL1SDPFI7N655 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28324.17     | 0.31%             | 2031-03-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| MOODY'S CORPORATION                         | Moody's Corp                                                                    | CUSIP: 615369AZ8<br>LEI: 549300GCEDD8YCF5WU84 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28128.50     | 0.31%             | 2032-08-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REYNOLDS AMERICAN INC                       | Reynolds American Inc                                                           | CUSIP: 761713BA3<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45260.95     | 0.49%             | 2035-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS INC                     | Cboe Global Markets Inc                                                         | CUSIP: 12503MAD0<br>LEI: 529900RLNSGA90UPEH54 | Long             | DBT              | CORP              | US        |     20000 | PA      | $16732.20     | 0.18%             | 2032-03-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Banc of America Funding Corpor              | Banc of America Funding 2014-R7 Trust                                           | CUSIP: 05963SAD4<br>LEI: 549300UKLRORHBR16839 | Long             | ABS-MBS          | CORP              | US        |      7022 | PA      | $7037.75      | 0.08%             | 2036-09-26      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                               | Citigroup Inc                                                                   | CUSIP: 172967NE7<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     90000 | PA      | $70022.71     | 0.76%             | 2032-11-03      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| MET LIFE GLOB FUNDING I                     | Metropolitan Life Global Funding I                                              | CUSIP: 59217GEG0<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13046.57     | 0.14%             | 2030-04-09      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| RUBY PIPELINE LLC                           | Ruby Pipeline LLC                                                               | CUSIP: 781172AB7<br>LEI: 549300VXRTBPBK07QT94 | Long             | DBT              | CORP              | US        |     14394 | PA      | $15689.39     | 0.17%             | 2022-04-01      | Variable      | 8.00%                 | No            |                  3 | On Loan: No      |
| CUBESMART LP                                | CubeSmart LP                                                                    | CUSIP: 22966RAE6<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13866.46     | 0.15%             | 2029-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MARSH & MCLENNAN COS INC                    | Marsh & McLennan Cos Inc                                                        | CUSIP: 571748BN1<br>LEI: 549300XMP3KDCKJXIU47 | Long             | DBT              | CORP              | US        |     30000 | PA      | $24631.98     | 0.27%             | 2030-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC                           | Kinder Morgan Inc                                                               | CUSIP: 49456BAG6<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28176.69     | 0.31%             | 2034-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HCA INC                                     | HCA Inc                                                                         | CUSIP: 404119BX6<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     65000 | PA      | $59477.19     | 0.65%             | 2029-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| HSI Asset Securitization Corpo              | HSI Asset Securitization Corp Trust 2007-WF1                                    | CUSIP: 40431RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      9451 | PA      | $9394.28      | 0.10%             | 2037-05-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                               | Citigroup Inc                                                                   | CUSIP: 17327CAQ6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20225.12     | 0.22%             | 2033-01-25      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| NORFOLK SOUTHERN CORP                       | Norfolk Southern Corp                                                           | CUSIP: 655844CM8<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12857.06     | 0.14%             | 2032-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                       | Athene Global Funding                                                           | CUSIP: 04685A2X8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |     30000 | PA      | $29473.57     | 0.32%             | 2024-05-24      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                   | ORIX Corp                                                                       | CUSIP: 686330AP6<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     25000 | PA      | $22187.50     | 0.24%             | 2032-04-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                       | Wells Fargo & Co                                                                | CUSIP: 95000U3B7<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9481.24      | 0.10%             | 2033-07-25      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ORIX CORP                                   | ORIX Corp                                                                       | CUSIP: 686330AQ4<br>LEI: 35380016EMHNBOVYE123 | Long             | DBT              | CORP              | JP        |     10000 | PA      | $9993.04      | 0.11%             | 2027-09-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                           | NatWest Group PLC                                                               | CUSIP: 780097BK6<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |     30000 | PA      | $29318.77     | 0.32%             | 2025-03-22      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                           | Eversource Energy                                                               | CUSIP: 30040WAR9<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14817.52     | 0.16%             | 2027-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                              | Open Text Corp                                                                  | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |     17000 | PA      | $17170.00     | 0.19%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 5 YEAR TREASURY NOTE                                                         | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         7 | NC      | $-544.69      | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Octagon Credit Partners 46, LT              | Octagon Investment Partners 46 Ltd                                              | CUSIP: 67577VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     70000 | PA      | $68196.31     | 0.74%             | 2036-07-15      | Floating      | 5.24%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                    | Discovery Communications LLC                                                    | CUSIP: 25470DBJ7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     35000 | PA      | $28936.84     | 0.32%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                  | AbbVie Inc                                                                      | CUSIP: 00287YAR0<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     40000 | PA      | $37195.54     | 0.41%             | 2035-05-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MID-AMERICA APARTMENTS                      | Mid-America Apartments LP                                                       | CUSIP: 59523UAS6<br>LEI: 549300FXWGE3QSYCUJ38 | Long             | DBT              | CORP              | US        |     20000 | PA      | $15671.48     | 0.17%             | 2031-02-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                   | Boeing Co/The                                                                   | CUSIP: 097023CT0<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14887.77     | 0.16%             | 2025-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Bombardier Capital Mortgage Se              | BCMSC Trust 2000-A                                                              | CUSIP: 09774XBN1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     19426 | PA      | $2821.82      | 0.03%             | 2030-06-15      | Variable      | 7.58%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.            | IRS USD                                                                         | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              | CORP              | US        |         1 | NC      | $7574.38      | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTALEXCHANGE                    | Intercontinental Exchange Inc                                                   | CUSIP: 45866FAN4<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     25000 | PA      | $18840.83     | 0.21%             | 2032-09-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                                               | CUSIP: 3136ABG64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     31304 | PA      | $29057.70     | 0.32%             | 2042-10-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| NARRAGANSETT ELECTRIC                       | Narragansett Electric Co/The                                                    | CUSIP: 631005BJ3<br>LEI: VAI0KZ806W8MCH0BCZ61 | Long             | DBT              | CORP              | US        |     35000 | PA      | $31353.58     | 0.34%             | 2030-04-09      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BROWN & BROWN INC                           | Brown & Brown Inc                                                               | CUSIP: 115236AC5<br>LEI: 549300PC8KTJ71XKFY89 | Long             | DBT              | CORP              | US        |     35000 | PA      | $26710.90     | 0.29%             | 2031-03-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP                        | Bank of America Corp                                                            | CUSIP: 06051GJZ3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    175000 | PA      | $147302.47    | 1.61%             | 2029-06-14      | Fixed         | 2.09%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                    | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                       | CUSIP: 00774MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     16000 | PA      | $14316.36     | 0.16%             | 2028-01-23      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COMM Mortgage Trust                         | COMM 2014-UBS3 Mortgage Trust                                                   | CUSIP: 12591YBE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1758505 | PA      | $17451.75     | 0.19%             | 2047-06-10      | Variable      | 1.06%                 | No            |                  2 | On Loan: No      |
| Countrywide Asset-Backed Certi              | CWABS Asset-Backed Certificates Trust 2007-13                                   | CUSIP: 126698AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18970 | PA      | $17724.20     | 0.19%             | 2047-10-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                        | Pilgrim's Pride Corp                                                            | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |     60000 | PA      | $46961.17     | 0.51%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                         | CommonSpirit Health                                                             | CUSIP: 20268JAB9<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |     50000 | PA      | $43449.69     | 0.47%             | 2029-10-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC                            | Crown Castle Inc                                                                | CUSIP: 22822VAR2<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |     25000 | PA      | $21928.88     | 0.24%             | 2030-07-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Saxon Asset Securities Trust                | Saxon Asset Securities Trust 2007-2                                             | CUSIP: 80556YAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65008 | PA      | $46270.66     | 0.51%             | 2047-05-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                             | Sealed Air Corp                                                                 | CUSIP: 81211KAZ3<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     30000 | PA      | $25965.26     | 0.28%             | 2026-10-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| GENERAL ELECTRIC CO                         | General Electric Co                                                             | CUSIP: 36962GW75<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9714.14      | 0.11%             | 2026-05-05      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                    | Warnermedia Holdings Inc                                                        | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |     65000 | PA      | $53627.52     | 0.59%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| SPRINT SPECTRUM / SPEC I                    | Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC | CUSIP: 85208NAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $59194.97     | 0.65%             | 2028-03-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| US AIRWAYS 2011-1A PTT                      | US Airways 2011-1 Class A Pass Through Trust                                    | CUSIP: 903436AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14427 | PA      | $14528.24     | 0.16%             | 2023-10-22      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| NATIONWIDE MUTUAL INSURA                    | Nationwide Mutual Insurance Co                                                  | CUSIP: 638671AJ6<br>LEI: Z7LVXXWM8HZPKF5T2355 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49882.50     | 0.54%             | 2024-12-15      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                  | Fannie Mae REMICS                                                               | CUSIP: 3136A1L60<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70342 | PA      | $4872.98      | 0.05%             | 2041-11-25      | Floating      | 1.61%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES 2020-AA                     | Delta Air Lines 2020-1 Class AA Pass Through Trust                              | CUSIP: 247361ZV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21263 | PA      | $18237.12     | 0.20%             | 2028-06-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** METROPOLITAN WEST FUNDS

**Signature:** Eric Chan

**Name of Signer:** Eric Chan

**Title:** Managing Director