# EDGAR Filing Document

**Accession Number:** 0001378872
**File Stem:** 0001378872-26-000891
**Filing Date:** 2026-4
**Character Count:** 71565
**Document Hash:** b96f29dac40df13c5ce5619f5e22c71a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001378872-26-000891.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001378872-26-000891

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Fund Trust II
- **CENTRAL INDEX KEY:** 0001378872

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21977
- **FILM NUMBER:** 26915424

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust II
- **DATE OF NAME CHANGE:** 20070919

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Global Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20061023

## Series and Classes Contracts Data

### Invesco U.S. Hybrid Bond ETF (Series ID: S000101434)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000271626 | Invesco U.S. Hybrid Bond ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust II

- **b. Investment Company Act file number:** 811-21977

- **c. CIK number of Registrant:** 0001378872

- **d. LEI of Registrant:** O540V2L4S174Y60FMD36

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco U.S. Hybrid Bond ETF

- **b. EDGAR series identifier (if any):** S000101434

- **c. LEI of Series:** 2549004I80OMTYUOYS03

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $15242617.17

**Total Liabilities:** $312062.41

**Net Assets:** $14930554.76

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -7.37610068 | **1-Year:** -179.07287854 | **5-Year:** -780.18906079 | **10-Year:** -3521.55797263 | **30-Year:** -5140.02731868

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

- **3-Month:** -0.35621977 | **1-Year:** -8.13328234 | **5-Year:** -33.14405523 | **10-Year:** -140.89185930 | **30-Year:** -190.90977683

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000271626 |  |  | -0.32%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $-1599.08                | $-80953.69                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MetLife, Inc.                                             | MetLife, Inc.                                             | CUSIP: 59156RBS6<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     80000 | PA      | $95679.36     | 0.64%             | 2038-04-08      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                          | Paramount Global                                          | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |     70000 | PA      | $54796.00     | 0.37%             | 2057-02-28      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| TransCanada Trust                                         | TransCanada Trust                                         | CUSIP: 89356BAC2<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    170000 | PA      | $171285.20    | 1.15%             | 2077-03-15      | Variable      | 5.30%                 | No            |                  2 | On Loan: No      |
| Southern Co. (The)                                        | Southern Co. (The), Series 0001                           | CUSIP: 842587CZ8<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53523.61     | 0.36%             | 2057-06-21      | Fixed         | 5.33%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NAS4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $95471.30     | 0.64%             | 2077-07-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                         | Enterprise Products Operating LLC, Series E               | CUSIP: 29379VBN2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110170.50    | 0.74%             | 2077-08-16      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Protective Life Corp.                                     | Protective Life Corp.                                     | CUSIP: 743674BC6<br>LEI: 549300ZWIT8J8Y2EXL07 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53144.82     | 0.36%             | 2052-08-10      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Sumitomo Life Insurance Co.                               | Sumitomo Life Insurance Co.                               | CUSIP: 86564CAB6<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $149410.85    | 1.00%             | 2077-09-14      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320AW2<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     85000 | PA      | $83802.49     | 0.56%             | 2047-09-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                 | Nippon Life Insurance Co.                                 | CUSIP: 654579AF8<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     70000 | PA      | $69847.06     | 0.47%             | 2047-09-19      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KAU4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68113.10     | 0.46%             | 2057-09-29      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KAV2<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54585.50     | 0.37%             | 2077-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                         | Enterprise Products Operating LLC                         | CUSIP: 29379VBR3<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80656.00     | 0.54%             | 2078-02-15      | Variable      | 5.38%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NAW5<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $81712.96     | 0.55%             | 2078-03-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| American International Group, Inc.                        | American International Group, Inc., Series A-9            | CUSIP: 026874DM6<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35661.78     | 0.24%             | 2048-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Assurant, Inc.                                            | Assurant, Inc.                                            | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46364.76     | 0.31%             | 2048-03-27      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Aegon Ltd.                                                | Aegon Ltd.                                                | CUSIP: 007924AJ2<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | DBT              | CORP              | BM        |     90000 | PA      | $91329.21     | 0.61%             | 2048-04-11      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Meiji Yasuda Life Insurance Co.                           | Meiji Yasuda Life Insurance Co.                           | CUSIP: 585270AC5<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    110000 | PA      | $111860.65    | 0.75%             | 2048-04-26      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BF8<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110861.74    | 0.74%             | 2048-09-15      | Variable      | 5.70%                 | No            |                  2 | On Loan: No      |
| Voya Financial, Inc.                                      | Voya Financial, Inc.                                      | CUSIP: 929089AF7<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38499.04     | 0.26%             | 2048-01-23      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Swiss Re Finance (Luxembourg) S.A.                        | Swiss Re Finance (Luxembourg) S.A.                        | CUSIP: 87089NAA8<br>LEI: 549300CLQZ6TM98LW631 | Long             | DBT              | CORP              | LU        |     85000 | PA      | $86018.28     | 0.58%             | 2049-04-02      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    220000 | PA      | $233066.90    | 1.56%             | 2079-04-04      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KBK5<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50831.75     | 0.34%             | 2079-05-01      | Variable      | 5.65%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                             | MetLife, Inc.                                             | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |     55000 | PA      | $72883.58     | 0.49%             | 2039-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| TransCanada Trust                                         | TransCanada Trust                                         | CUSIP: 89356BAE8<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $121580.40    | 0.81%             | 2079-09-15      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                 | Nippon Life Insurance Co.                                 | CUSIP: 654579AG6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $95470.68     | 0.64%             | 2050-01-23      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp.                                          | CMS Energy Corp.                                          | CUSIP: 125896BU3<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54652.24     | 0.37%             | 2050-06-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc., Series 20-A, Conv.                         | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     95000 | PA      | $96761.40     | 0.65%             | 2080-07-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     90000 | PA      | $83827.47     | 0.56%             | 2050-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Scentre Group Trust 2                                     | Scentre Group Trust 2                                     | CUSIP: 76025LAB0<br>LEI: 549300VRF0U0JH8TBJ74 | Long             | DBT              | CORP              | AU        |    145000 | PA      | $147456.01    | 0.99%             | 2080-09-24      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| PartnerRe Finance B LLC                                   | PartnerRe Finance B LLC                                   | CUSIP: 70213BAC5<br>LEI: 549300O0FAGHK2F79881 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53463.54     | 0.36%             | 2050-10-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp.                                          | CMS Energy Corp.                                          | CUSIP: 125896BV1<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |     45000 | PA      | $42129.94     | 0.28%             | 2050-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                 | Nippon Life Insurance Co.                                 | CUSIP: 654579AH4<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    140000 | PA      | $127154.16    | 0.85%             | 2051-01-21      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc.                                 | Liberty Mutual Group Inc.                                 | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     90000 | PA      | $60757.58     | 0.41%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Sumitomo Life Insurance Co.                               | Sumitomo Life Insurance Co.                               | CUSIP: 86564CAC4<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $93724.35     | 0.63%             | 2081-04-15      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    110000 | PA      | $104236.04    | 0.70%             | 2081-06-04      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                        | Vodafone Group PLC                                        | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    105000 | PA      | $84942.74     | 0.57%             | 2081-06-04      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                 | Nippon Life Insurance Co.                                 | CUSIP: 654579AK7<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     80000 | PA      | $72166.18     | 0.48%             | 2051-09-16      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BM0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108653.31    | 0.73%             | 2052-04-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| British Telecommunications PLC                            | British Telecommunications PLC                            | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |     55000 | PA      | $54029.67     | 0.36%             | 2081-11-23      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KCB4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59352.01     | 0.40%             | 2082-03-15      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                         | Algonquin Power & Utilities Corp.                         | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $79389.98     | 0.53%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                | Rogers Communications Inc.                                | CUSIP: 775109BS9<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $85158.19     | 0.57%             | 2082-03-15      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BJ0<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108126.91    | 0.72%             | 2052-03-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| TransCanada Trust                                         | TransCanada Trust                                         | CUSIP: 89356BAG3<br>LEI: 549300Y0MFCAXLBWUV51 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $90454.14     | 0.61%             | 2082-03-07      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| Paramount Global                                          | Paramount Global                                          | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    110000 | PA      | $86900.00     | 0.58%             | 2062-03-30      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 62582PAA8<br>LEI: 529900MUF4C20K50JS49 | Long             | DBT              | CORP              | DE        |    140000 | PA      | $147248.89    | 0.99%             | 2042-05-23      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BK7<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    130000 | PA      | $134367.09    | 0.90%             | 2052-09-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NBP9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $60447.53     | 0.40%             | 2083-01-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NBN4<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $51784.15     | 0.35%             | 2083-01-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BL5<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |     55000 | PA      | $59070.28     | 0.40%             | 2053-03-01      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Edison International                                      | Edison International                                      | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57210.45     | 0.38%             | 2053-06-15      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| National Rural Utilities Cooperative Finance Corp.        | National Rural Utilities Cooperative Finance Corp.        | CUSIP: 637432PB5<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47267.91     | 0.32%             | 2053-09-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                                | Corebridge Financial, Inc.                                | CUSIP: 21871XAP4<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112422.77    | 0.75%             | 2052-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                | Allianz SE                                                | CUSIP: 018820AC4<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    110000 | PA      | $118089.10    | 0.79%             | 2053-09-06      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                 | Nippon Life Insurance Co.                                 | CUSIP: 654579AM3<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |     85000 | PA      | $90434.41     | 0.61%             | 2053-09-13      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc., Series NC5                                 | CUSIP: 29250NBS3<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $75453.49     | 0.51%             | 2084-01-15      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $138548.88    | 0.93%             | 2084-01-15      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| Edison International                                      | Edison International                                      | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52087.90     | 0.35%             | 2054-06-15      | Variable      | 7.88%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     90000 | PA      | $96616.26     | 0.65%             | 2054-05-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KCW8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103896.10    | 0.70%             | 2054-09-01      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                                | Prudential Financial, Inc.                                | CUSIP: 744320BP6<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |    110000 | PA      | $115961.01    | 0.78%             | 2054-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BS7<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    120000 | PA      | $123687.84    | 0.83%             | 2054-10-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                 | Nippon Life Insurance Co.                                 | CUSIP: 654579AN1<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    115000 | PA      | $120043.79    | 0.80%             | 2054-04-16      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc., Series A                           | CUSIP: 25746UDT3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    110000 | PA      | $115263.50    | 0.77%             | 2055-02-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc., Series B                           | CUSIP: 25746UDU0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    110000 | PA      | $119750.51    | 0.80%             | 2054-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                             | NiSource Inc.                                             | CUSIP: 65473PAR6<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57535.50     | 0.39%             | 2054-11-30      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| AES Corp. (The)                                           | AES Corp. (The)                                           | CUSIP: 00130HCK9<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105626.64    | 0.71%             | 2055-01-15      | Variable      | 7.60%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                             | Entergy Corp.                                             | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |    130000 | PA      | $136110.00    | 0.91%             | 2054-12-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                 | Global Atlantic (Fin) Co.                                 | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62256.84     | 0.42%             | 2054-10-15      | Variable      | 7.95%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KDB3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    120000 | PA      | $127712.62    | 0.86%             | 2054-06-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273VBC3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46624.46     | 0.31%             | 2054-10-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc.                         | CUSIP: 025537AZ4<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47431.22     | 0.32%             | 2054-12-15      | Variable      | 7.05%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc.                         | CUSIP: 025537BA8<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |     65000 | PA      | $70271.44     | 0.47%             | 2054-12-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NCF0<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     65000 | PA      | $70073.71     | 0.47%             | 2054-06-27      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                             | Enbridge Inc.                                             | CUSIP: 29250NCG8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $48162.47     | 0.32%             | 2055-03-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     80000 | PA      | $84576.76     | 0.57%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                  | CenterPoint Energy, Inc., Series A                        | CUSIP: 15189TBH9<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47480.22     | 0.32%             | 2055-02-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                  | CenterPoint Energy, Inc., Series B                        | CUSIP: 15189TBJ5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     45000 | PA      | $47838.78     | 0.32%             | 2055-02-15      | Variable      | 6.85%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                         | Duke Energy Corp.                                         | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    110000 | PA      | $115947.70    | 0.78%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                | Allianz SE                                                | CUSIP: 018820AD2<br>LEI: 529900K9B0N5BT694847 | Long             | DBT              | CORP              | DE        |    140000 | PA      | $143687.46    | 0.96%             | 2054-09-03      | Variable      | 5.60%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                             | NiSource Inc.                                             | CUSIP: 65473PAT2<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57464.28     | 0.38%             | 2055-03-31      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BT5<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |    140000 | PA      | $143255.42    | 0.96%             | 2054-10-01      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Meiji Yasuda Life Insurance Co.                           | Meiji Yasuda Life Insurance Co.                           | CUSIP: 585270AD3<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    200000 | PA      | $204003.40    | 1.37%             | 2054-09-11      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| Corebridge Financial, Inc.                                | Corebridge Financial, Inc.                                | CUSIP: 21871XAT6<br>LEI: 549300XY1661QCIA7J65 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80060.24     | 0.54%             | 2054-09-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Aptiv Swiss Holdings Ltd.                                 | Aptiv Swiss Holdings Ltd.                                 | CUSIP: 03837AAD2<br>LEI: 254900HTTDFIJZ32GX53 | Long             | DBT              | CORP              | JE        |     55000 | PA      | $57373.58     | 0.38%             | 2054-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| AltaGas Ltd.                                              | AltaGas Ltd.                                              | CUSIP: 021361AD2<br>LEI: 2549008X5V70MOS4HM10 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $104527.70    | 0.70%             | 2054-10-15      | Variable      | 7.20%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management, Inc.                            | Apollo Global Management, Inc.                            | CUSIP: 03769MAD8<br>LEI: 254900LMFT1CY9IYB476 | Long             | DBT              | CORP              | US        |     55000 | PA      | $52861.92     | 0.35%             | 2054-12-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                       | Athene Holding Ltd.                                       | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62499.02     | 0.42%             | 2054-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                  | CenterPoint Energy, Inc.                                  | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57039.84     | 0.38%             | 2055-05-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc.                                     | CUSIP: 25746UDV8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    140000 | PA      | $145393.08    | 0.97%             | 2055-05-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BU2<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45926.46     | 0.31%             | 2055-04-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66385.41     | 0.44%             | 2055-04-01      | Variable      | 6.55%                 | No            |                  2 | On Loan: No      |
| Brookfield Infrastructure Finance ULC                     | Brookfield Infrastructure Finance ULC                     | CUSIP: 11276BAA7<br>LEI: 984500CDDWC47U7DBA74 | Long             | DBT              | CORP              | CA        |     30000 | PA      | $30570.96     | 0.20%             | 2055-03-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Evergy, Inc.                                              | Evergy, Inc.                                              | CUSIP: 30034WAE6<br>LEI: 549300PGTHDQY6PSUI61 | Long             | DBT              | CORP              | US        |     55000 | PA      | $56856.31     | 0.38%             | 2055-06-01      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                          | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    250000 | PA      | $263102.25    | 1.76%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp.                                          | CVS Health Corp.                                          | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     80000 | PA      | $83260.00     | 0.56%             | 2054-12-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| AES Corp. (The)                                           | AES Corp. (The)                                           | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     55000 | PA      | $53199.45     | 0.36%             | 2055-07-15      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Brookfield Finance Inc.                                   | Brookfield Finance Inc.                                   | CUSIP: 11271LAN2<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $79280.66     | 0.53%             | 2055-01-15      | Variable      | 6.30%                 | No            |                  2 | On Loan: No      |
| EUSHI Finance, Inc.                                       | EUSHI Finance, Inc.                                       | CUSIP: 29882DAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $58101.45     | 0.39%             | 2054-12-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Nevada Power Co.                                          | Nevada Power Co.                                          | CUSIP: 641423CH9<br>LEI: MJZFGXRJ52U8U4MKJ519 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30498.48     | 0.20%             | 2055-05-15      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    145000 | PA      | $150700.82    | 1.01%             | 2055-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings, Inc.                     | NextEra Energy Capital Holdings, Inc.                     | CUSIP: 65339KDF4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    100000 | PA      | $106061.10    | 0.71%             | 2055-08-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                | Rogers Communications Inc.                                | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    120000 | PA      | $125570.88    | 0.84%             | 2055-04-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                | Rogers Communications Inc.                                | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    110000 | PA      | $116556.95    | 0.78%             | 2055-04-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                               | Bell Canada                                               | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    110000 | PA      | $114914.03    | 0.77%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Bell Canada                                               | Bell Canada                                               | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    140000 | PA      | $148251.46    | 0.99%             | 2055-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Exelon Corp.                                              | Exelon Corp.                                              | CUSIP: 30161NBQ3<br>LEI: 3SOUA6IRML7435B56G12 | Long             | DBT              | CORP              | US        |    110000 | PA      | $115171.28    | 0.77%             | 2055-03-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp.                                          | CMS Energy Corp.                                          | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    110000 | PA      | $115011.38    | 0.77%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| TransCanada Pipelines Ltd.                                | TransCanada Pipelines Ltd.                                | CUSIP: 89352HBG3<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $83255.20     | 0.56%             | 2065-06-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Southern Co. (The)                                        | Southern Co. (The), Series 2025                           | CUSIP: 842587EB9<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    200000 | PA      | $209316.80    | 1.40%             | 2055-03-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Reinsurance Group of America, Inc.                        | Reinsurance Group of America, Inc.                        | CUSIP: 759351AT6<br>LEI: LORM1GNEU1DKEW527V90 | Long             | DBT              | CORP              | US        |     80000 | PA      | $82851.28     | 0.55%             | 2055-09-15      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| Meiji Yasuda Life Insurance Co.                           | Meiji Yasuda Life Insurance Co.                           | CUSIP: 585270AE1<br>LEI: 549300SLU4LP6YMRLK07 | Long             | DBT              | CORP              | JP        |    225000 | PA      | $233209.35    | 1.56%             | 2055-06-11      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                             | MetLife, Inc., Series G                                   | CUSIP: 59156RCQ9<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    110000 | PA      | $114303.09    | 0.77%             | 2055-03-15      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Equitable Holdings, Inc.                                  | Equitable Holdings, Inc.                                  | CUSIP: 29452EAD3<br>LEI: 549300FIBAKMNHPZ4009 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57361.43     | 0.38%             | 2055-03-28      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| Northwest Natural Holding Co.                             | Northwest Natural Holding Co.                             | CUSIP: 66765NAA3<br>LEI: 254900PSJL6ZEC8FR782 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36627.43     | 0.25%             | 2055-09-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Enstar Group Ltd.                                         | Enstar Group Ltd.                                         | CUSIP: 29359UAD1<br>LEI: 213800AMAL5QFXVUCN04 | Long             | DBT              | CORP              | BM        |     40000 | PA      | $41825.88     | 0.28%             | 2045-04-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                | PacifiCorp                                                | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96273.18     | 0.64%             | 2055-09-15      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     55000 | PA      | $57055.41     | 0.38%             | 2056-01-31      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Nippon Life Insurance Co.                                 | Nippon Life Insurance Co.                                 | CUSIP: 654579AP6<br>LEI: 549300Y0HHMFW3EVWY08 | Long             | DBT              | CORP              | JP        |    135000 | PA      | $145258.38    | 0.97%             | 2055-04-30      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| DENTSPLY SIRONA Inc.                                      | DENTSPLY SIRONA Inc.                                      | CUSIP: 24906PAB5<br>LEI: 9NHEHR1SOZCYXDO8HO28 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59986.28     | 0.40%             | 2055-09-12      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.                           | Fidelis Insurance Holdings Ltd.                           | CUSIP: 31575FAC0<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | DBT              | CORP              | BM        |     45000 | PA      | $48519.77     | 0.32%             | 2055-06-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                       | Athene Holding Ltd.                                       | CUSIP: 04686JAM3<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62632.02     | 0.42%             | 2055-06-28      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| TELUS Corp.                                               | TELUS Corp.                                               | CUSIP: 87971MCL5<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $77500.35     | 0.52%             | 2055-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| TELUS Corp.                                               | TELUS Corp.                                               | CUSIP: 87971MCM3<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $95008.05     | 0.64%             | 2055-10-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc.                                     | CUSIP: 25746UDZ9<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    160000 | PA      | $162453.28    | 1.09%             | 2056-02-15      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                     | Dominion Energy, Inc.                                     | CUSIP: 25746UEA3<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    145000 | PA      | $147676.27    | 0.99%             | 2056-02-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| South Bow Canadian infrastructure Holdings Ltd.           | South Bow Canadian infrastructure Holdings Ltd.           | CUSIP: 836720AG7<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $52132.55     | 0.35%             | 2055-03-01      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| South Bow Canadian infrastructure Holdings Ltd.           | South Bow Canadian infrastructure Holdings Ltd.           | CUSIP: 836720AJ1<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |     70000 | PA      | $74341.96     | 0.50%             | 2055-03-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273VBG4<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    130000 | PA      | $131438.58    | 0.88%             | 2056-02-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| Energy Transfer L.P.                                      | Energy Transfer L.P.                                      | CUSIP: 29273VBH2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92034.99     | 0.62%             | 2056-02-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| American National Group Inc.                              | American National Group Inc.                              | CUSIP: 025676AR8<br>LEI: 549300RK5RZQ740FPL83 | Long             | DBT              | CORP              | US        |     55000 | PA      | $54569.39     | 0.37%             | 2055-12-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BW8<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92177.73     | 0.62%             | 2056-04-01      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Sierra Pacific Power Co.                                  | Sierra Pacific Power Co.                                  | CUSIP: 826418BR5<br>LEI: QB888G5GSVGE1LD1WV84 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49753.72     | 0.33%             | 2055-12-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| Sumitomo Life Insurance Co.                               | Sumitomo Life Insurance Co.                               | CUSIP: 86564CAF7<br>LEI: 549300I5OQCDADQSPI57 | Long             | DBT              | CORP              | JP        |    130000 | PA      | $131889.68    | 0.88%             | 2055-09-10      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                           | Phillips 66 Co., Series A                                 | CUSIP: 718547AZ5<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110622.05    | 0.74%             | 2056-03-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Phillips 66 Co.                                           | Phillips 66 Co., Series B                                 | CUSIP: 718547BA9<br>LEI: RVJMT2IZVVSKIRJJBH76 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111538.57    | 0.75%             | 2056-03-15      | Variable      | 6.20%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc., Series C               | CUSIP: 02557TAE9<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    165000 | PA      | $165837.87    | 1.11%             | 2056-03-15      | Variable      | 5.80%                 | No            |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                         | American Electric Power Co., Inc., Series D               | CUSIP: 02557TAF6<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    165000 | PA      | $165645.98    | 1.11%             | 2056-03-15      | Variable      | 6.05%                 | No            |                  2 | On Loan: No      |
| Alliant Energy Corp.                                      | Alliant Energy Corp.                                      | CUSIP: 018802AF5<br>LEI: 5493009ML300G373MZ12 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79757.10     | 0.53%             | 2056-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                  | CenterPoint Energy, Inc.                                  | CUSIP: 15189TBS5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     75000 | PA      | $75935.48     | 0.51%             | 2056-04-01      | Variable      | 5.95%                 | No            |                  2 | On Loan: No      |
| EUSHI Finance, Inc.                                       | EUSHI Finance, Inc.                                       | CUSIP: 29882DAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $80613.52     | 0.54%             | 2056-04-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                             | Entergy Corp.                                             | CUSIP: 29364GAR4<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65325.26     | 0.44%             | 2056-06-15      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                             | Entergy Corp.                                             | CUSIP: 29364GAS2<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80691.12     | 0.54%             | 2056-06-15      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| WEC Energy Group Inc.                                     | WEC Energy Group Inc.                                     | CUSIP: 92939UAU0<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |     65000 | PA      | $65421.79     | 0.44%             | 2056-05-15      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| NiSource Inc.                                             | NiSource Inc.                                             | CUSIP: 65473PAY1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |    110000 | PA      | $110703.89    | 0.74%             | 2056-07-15      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc.               | HA Sustainable Infrastructure Capital, Inc.               | CUSIP: 41068XAG5<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57948.00     | 0.39%             | 2056-06-01      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                 | Global Atlantic (Fin) Co.                                 | CUSIP: 37959GAH0<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |     65000 | PA      | $61962.52     | 0.42%             | 2056-03-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Spire Inc.                                                | Spire Inc.                                                | CUSIP: 84857LAD3<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50336.85     | 0.34%             | 2056-06-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Spire Inc.                                                | Spire Inc.                                                | CUSIP: 84857LAE1<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51092.20     | 0.34%             | 2056-06-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| TELUS Corp.                                               | TELUS Corp.                                               | CUSIP: 87971MCQ4<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |     90000 | PA      | $91680.84     | 0.61%             | 2056-06-09      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| TELUS Corp.                                               | TELUS Corp.                                               | CUSIP: 87971MCR2<br>LEI: 894500TX134IMF6NW757 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $75634.10     | 0.51%             | 2056-06-09      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| TXNM Energy, Inc.                                         | TXNM Energy, Inc.                                         | CUSIP: 69349HAJ6<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40656.84     | 0.27%             | 2056-07-31      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| PacifiCorp                                                | PacifiCorp                                                | CUSIP: 695114DG0<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |    120000 | PA      | $117968.46    | 0.79%             | 2056-08-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc.               | HA Sustainable Infrastructure Capital, Inc.               | CUSIP: 41068XAH3<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64996.43     | 0.44%             | 2056-11-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| ACE Capital Trust II                                      | ACE Capital Trust II                                      | CUSIP: 00440FAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $35961.18     | 0.24%             | 2030-04-01      | Fixed         | 9.70%                 | No            |                  2 | On Loan: No      |
| Assured Guaranty Municipal Holdings Inc.                  | Assured Guaranty Municipal Holdings Inc.                  | CUSIP: 31769PAB6<br>LEI: 549300WKHOG7BKB8MS12 | Long             | DBT              | CORP              | US        |     30000 | PA      | $28489.73     | 0.19%             | 2066-12-15      | Variable      | 6.40%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc.                                 | Liberty Mutual Group Inc.                                 | CUSIP: 53079EAN4<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |     50000 | PA      | $57964.32     | 0.39%             | 2087-03-07      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Capital I                                   | Goldman Sachs Capital I                                   | CUSIP: 38143VAA7<br>LEI: 5299005MCIJK7R2NP351 | Long             | DBT              | CORP              | US        |    100000 | PA      | $107582.20    | 0.72%             | 2034-02-15      | Fixed         | 6.34%                 | No            |                  2 | On Loan: No      |
| METLIFE CAPITAL TRUST IV                                  | METLIFE CAPITAL TRUST IV                                  | CUSIP: 591560AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $89297.28     | 0.60%             | 2067-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MetLife, Inc.                                             | MetLife, Inc.                                             | CUSIP: 59156RAP3<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    140000 | PA      | $146544.44    | 0.98%             | 2036-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Nationwide Financial Services, Inc.                       | Nationwide Financial Services, Inc.                       | CUSIP: 638612AJ0<br>LEI: 5493001H7AZNDS6BKJ36 | Long             | DBT              | CORP              | US        |     45000 | PA      | $45492.75     | 0.30%             | 2037-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Allstate Corp. (The)                                      | Allstate Corp. (The)                                      | CUSIP: 020002AU5<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |     55000 | PA      | $57852.52     | 0.39%             | 2057-05-15      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Invesco Exchange-Traded Fund Trust II

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President