AES CORP

NPORT-P false 0000035315 XXXXXXXX S000017675 C000048837 C000048838 C000048840 C000048841 C000048842 C000205021 C000214978 Fidelity Salem Street Trust 811-02105 0000035315 S4W85DGKOEJ24DPRB829 245 Summer Street Boston 02210 1-800-FIDELITY Fidelity Strategic Real Return Fund S000017675 RZY8LIPPNOB2FYT9E418 2025-09-30 2025-03-31 N 496962035.67 934610.20 496027425.47 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 52702.09000000 USD N AES CORP 2NUNNB7D43COUIRE5295 AES CORP 00130H105 6306.00000000 NS USD 78320.52000000 0.015789554363 Long EC CORP US N 1 N N N AT and T INC 549300Z40J86GGSTL398 AT and T INC 00206R102 2326.00000000 NS USD 65779.28000000 0.013261218356 Long EC CORP US N 1 N N N AGNICO EAGLE MINES LTD YGE0EUBRF7IJOB3QRX76 AGNICO EAGLE MINES LTD 008474108 15920.00000000 NS 1724809.56000000 0.347724636065 Long EC CORP CA N 1 N N N ALAMOS GOLD INC 549300TDOX73YGYXE959 ALAMOS GOLD INC A 011532108 43610.00000000 NS 1165216.29000000 0.234909650186 Long EC CORP CA N 1 N N N ALLIANCE RESOURCE PARTNERS MLP 529900T4Q5UPWOUFG783 ALLIANCE RES PARTNRS LP UNIT 01877R108 60780.00000000 NS USD 1658078.40000000 0.334271517029 Long EC CORP US N 1 N N N AMEREN CORP XRZQ5S7HYJFPHJ78L959 AMEREN CORP 023608102 1382.00000000 NS USD 138752.80000000 0.027972808130 Long EC CORP US N 1 N N N AMR HMS 15-SFR2 N/A AMERICAN HOMES 4 RENT 2015-SFR2 TR VAR 10/17/2045 144A 02666BAG1 132078.88580000 PA USD 1.32000000 0.000000266114 Long ABS-CBDO CORP US N 3 2052-10-17 Variable 0.00000000 N N N N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 AMERICAN TOWER CORP 03027X100 684.00000000 NS USD 148838.40000000 0.030006082800 Long EC CORP US N 1 N N N ANGLO AMERICAN PLC 549300S9XF92D1X8ME43 ANGLO AMERICAN PLC N/A 42460.00000000 NS 1190084.72000000 0.239923169343 Long EC CORP GB N 2 N N N ANGLO AMERN PLATINUM LTD 529900RORCZ0E5S5FX81 ANGLO AMERICAN PLATINUM LTD N/A 11533.00000000 NS 463838.66000000 0.093510688357 Long EC CORP ZA N 2 N N N ANTERO RESOURCES CORPORATION APVBKPOULHUX7YZLKU17 ANTERO RES CORP 03674X106 52831.00000000 NS USD 2136485.64000000 0.430719256697 Long EC CORP US N 1 N N N ARCHER DANIELS MIDLAND CO 549300LO13MQ9HYSTR83 ARCHER DANIELS MIDLAND CO 039483102 63200.00000000 NS USD 3034232.00000000 0.611706499318 Long EC CORP US N 1 N N N ARCHROCK INC 549300K3RIHMHDVFTL28 ARCHROCK INC 03957W106 15370.00000000 NS USD 403308.80000000 0.081307762291 Long EC CORP US N 1 N N N ULTRATECH CEMENT LTD 335800PC9O9B4BQHG814 ULTRATECH CEMENT LTD N/A 3400.00000000 NS 456112.66000000 0.091953113190 Long EC CORP IN N 2 N N N BEIJING CAPITAL INTERNATIONAL AIRPORT COMPANY LIMITED 5299001QWQN7CK66FE04 BEIJING CAP INTL AIRPORT LTD H N/A 150201.00000000 NS 54334.82000000 0.010953995124 Long EC CORP CN N 2 N N N BILLERUD AB 549300A5J49FO7XDGE08 BILLERUD AB N/A 25120.00000000 NS 258652.18000000 0.052144733681 Long EC CORP SE N 1 N N N CF INDUSTRIES HOLDINGS INC 529900CG8YAQFZ2JMV97 CF INDUSTRIES HOLDINGS INC 125269100 4810.00000000 NS USD 375901.50000000 0.075782402483 Long EC CORP US N 1 N N N CSX CORP 549300JVQR4N1MMP3Q88 CSX CORP 126408103 1187.00000000 NS USD 34933.41000000 0.007042636799 Long EC CORP US N 1 N N N CANADIAN NATURAL RESOURCES LTD 549300T15RIMIKZC5Q38 CANADIAN NATL RESOURCES LTD 136385101 60290.00000000 NS 1855141.38000000 0.373999759840 Long EC CORP CA N 1 N N N CANADIAN PACIFIC KANSAS CITY LTD N/A CANADIAN PACIFIC KANSAS CITY LTD 13646K108 621.00000000 NS USD 43600.41000000 0.008789919218 Long EC CORP CA N 1 N N N CATERPILLAR INC WRJR7GS4GTRECRRTVX92 CATERPILLAR INC 149123101 200.00000000 NS USD 65960.00000000 0.013297651825 Long EC CORP US N 1 N N N CEDAR REALTY TRUST INC 54930056URX93R2RSN82 CEDAR RLTY TR I 7.25% PFD PERP 150602407 1673.00000000 NS USD 29528.45000000 0.005952987372 Long EP CORP US N 1 N N N CENOVUS ENERGY INC 549300F4XPHJ7NOSP309 CENOVUS ENERGY INC 15135U109 69530.00000000 NS 966331.96000000 0.194814220017 Long EC CORP CA N 1 N N N MONDI PLC 213800LOZA69QFDC9N34 MONDI PLC N/A 12.00000000 NS 177.87000000 0.000035858904 Long EC CORP GB N 1 N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 CHENIERE ENERGY INC 16411R208 1054.00000000 NS USD 243895.60000000 0.049169781241 Long EC CORP US N 1 N N N COMM 2013-LC6 MTG TR N/A COMM 2013-LC6 E MTG TR 3.5% 01/10/2046 144A 20048EAG6 150000.00000000 PA USD 133782.53000000 0.026970792970 Long ABS-MBS CORP US N 2 2046-01-10 Fixed 0.03500000 N N N N N N CREST CLARENDON STR 02 1 LTD N/A CREST CLARENDON STR 02 1 LTD 3ML+47 12/28/2035 144A 226063204 500000.00000000 PA USD 0.05000000 0.000000010080 Long ABS-CBDO CORP KY N 3 2035-12-28 Variable 0.06063170 N N N N N N DEERE and CO PWFTNG3EI0Y73OXWDH08 DEERE and CO 244199105 930.00000000 NS USD 436495.50000000 0.087998259287 Long EC CORP US N 1 N N N DUKE ENERGY CORP NEW I1BZKREC126H0VB1BL91 DUKE ENERGY CORP NEW 26441C204 1171.00000000 NS USD 142826.87000000 0.028794147796 Long EC CORP US N 1 N N N E.ON SE Q9MAIUP40P25UFBFG033 E.ON SE N/A 7852.00000000 NS 118523.96000000 0.023894638464 Long EC CORP DE N 2 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 ENERGY TRANSFER LP 29273V100 129998.00000000 NS USD 2416662.82000000 0.487203468177 Long EC CORP US N 1 N N N ENTERGY CORP NEW 4XM3TW50JULSLG8BNC79 ENTERGY CORP 29364G103 1136.00000000 NS USD 97116.64000000 0.019578885161 Long EC CORP US N 1 N N N EQUINIX INC 549300EVUN2BTLJ3GT74 EQUINIX INC 29444U700 88.00000000 NS USD 71750.80000000 0.014465087274 Long EC CORP US N 1 N N N EXELON CORP 3SOUA6IRML7435B56G12 EXELON CORP 30161N101 2985.00000000 NS USD 137548.80000000 0.027730079615 Long EC CORP US N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 EXXON MOBIL CORP 30231G102 37310.00000000 NS USD 4437278.30000000 0.894563097150 Long EC CORP US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Real Estate Equity Central Fund 31606V674 307007.78400000 NS USD 42391634.81000000 8.546228017499 Long EC RF US N 1 N N N Fidelity Central Investment Portfolios LLC S2V1M15I679NQK6BNY65 Fidelity Floating Rate Central Fund 31606V708 1254172.12800000 NS USD 120839484.53000000 24.36145227564 Long EC RF US N 1 N N N Fidelity Oxford Street Trust II 549300OEP6Z1TBUGHH59 Fidelity Commodity Strategy Central Fund 316167303 768040.57770000 NS USD 73785658.30000000 14.87531828105 Long EC RF US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Cash Central Fund 31635A105 10163418.29000000 NS USD 10165450.97000000 2.049372766106 Long STIV RF US N 1 N N N Fidelity Revere Street Trust 549300BDV45LJNXBZC55 Fidelity Securities Lending Cash Central Fund 31635A303 323267.67400000 NS USD 323300.00000000 0.065177847715 Long STIV RF US N 1 N N FIRST QUANTUM MINERALS LTD 549300I7UVBGWRYMYZ18 FIRST QUANTUM MINERALS LTD 335934105 144945.00000000 NS 1948984.23000000 0.392918643188 Long EC CORP CA N 1 N N N FIRST SOLAR INC 549300NPYMLM4NHTOF27 FIRST SOLAR INC 336433107 334.00000000 NS USD 42227.62000000 0.008513162343 Long EC CORP US N 1 N N N NATIONAL GRID PLC 8R95QZMKZLJX5Q2XR704 NATIONAL GRID PLC N/A 21727.00000000 NS 283411.99000000 0.057136354856 Long EC CORP GB N 2 N N N FRANCO NEVADA CORP 98450064C1B5D3E94864 FRANCO-NEVADA CORP 351858105 10060.00000000 NS 1582210.35000000 0.318976384924 Long EC CORP CA N 1 N N N GS MTG SECS TR 2011-GC5 N/A GSMS 2011-GC5 E CSTR 8/44 36191YAN8 63000.00000000 PA USD 18873.60000000 0.003804950902 Long ABS-MBS CORP US N 3 2044-08-10 Variable 0.05197743 N N N N N N GS MTG SECS TR 2011-GC5 N/A GS MTG SECS TR 2011-GC5 4.5% 08/10/2044 144A 36191YAQ1 42000.00000000 PA USD 126.00000000 0.000025401821 Long ABS-MBS CORP US N 3 2044-08-10 Fixed 0.04500000 N N N N N N GRUPO AEROPORTUARIO DEL CENTRO NORTE SAB DE CV 529900HUSBARAFSXJ605 GRUPO AERO CENT NORTE SPON ADS 400501102 431.00000000 NS USD 33889.53000000 0.006832188758 Long EC CORP MX N 1 N N N GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV 4469000001BZ368XFI90 GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV ADR 400506101 768.00000000 NS USD 142471.68000000 0.028722540868 Long EC CORP MX N 1 N N N IBERDROLA SA 5QK37QC7NWOJ8D7WVQ45 IBERDROLA SA N/A 7750.00000000 NS 125147.66000000 0.025229988015 Long EC CORP ES N 2 N N N INTERFOR CORP 549300P4G5UZ3AMJE056 INTERFOR CORP 45868C109 93210.00000000 NS 968339.88000000 0.195219020214 Long EC CORP CA N 1 N N N INTERNATIONAL PAPER CO 824LMFJDH41EY779Q875 INTERNATIONAL PAPER CO 460146103 820.00000000 NS USD 43747.00000000 0.008819472019 Long EC CORP US N 1 N N N JBS SA 529900RM0MTMZL9O5050 JBS SA N/A 261620.00000000 NS 1884744.14000000 0.379967728238 Long EC CORP BR N 1 N N N J P MORGAN CHASE COML MTG SECS TR 2011-C3 N/A JPMCC 2011-C3 E CSTR 2/46 46635TBD3 200000.00000000 PA USD 136004.00000000 0.027418645223 Long ABS-MBS CORP US N 2 2046-02-15 Variable 0.05532939 N N N N N N JP MORGAN CHASE COML MTG SECS TR 2012-CIBX N/A JPMCC 2012-CBX G 4.0% 6/45 144A 46637WAU7 151000.00000000 PA USD 84080.73000000 0.016950822813 Long ABS-MBS CORP US N 3 2045-06-15 Fixed 0.04000000 N N N N N N EATON CORP PLC 549300VDIGTMXUNT7H71 EATON CORP PLC N/A 289.00000000 NS USD 78558.87000000 0.015837606141 Long EC CORP IE N 1 N N N MORGAN STANLEY CAP I TR 2011-C2 3IFG42XD94UUZ7FL2766 MSC 2011-C2 XB CSTR 6/44 144A 617459AF9 5090893.77670000 PA USD 18375.58000000 0.003704549195 Long ABS-MBS CORP US N 2 2044-06-15 Variable 0.00477743 N N N N N N MORGAN STANLEY CAP I TR 2011-C2 3IFG42XD94UUZ7FL2766 MSC 2011-C2 D CSTR 6/44 617459AJ1 137069.36000000 PA USD 135427.27000000 0.027302375442 Long ABS-MBS CORP US N 2 2044-06-15 Variable 0.05212800 N N N N N N MORGAN STANLEY CAP I TR 2011-C3 N/A MSC 2011-C3 G CSTR 07/49 61760RAS1 112000.00000000 PA USD 100341.01000000 0.020228923815 Long ABS-MBS CORP US N 2 2049-07-15 Variable 0.04942962 N N N N N N OCI NV 549300NCMRGIBJYUOE57 OCI NV N/A 11080.00000000 NS 128194.60000000 0.025844256469 Long EC CORP NL N 1 N N N CNH INDUSTRIAL NV 549300WGC2HZ5J67V817 CNH INDUSTRIAL NV N/A 39890.00000000 NS USD 489849.20000000 0.098754458896 Long EC CORP NL N 1 N N N NEXTERA ENERGY INC 254900RHL9MEUS5NKX63 NEXTERA ENERGY INC 65339F101 4129.00000000 NS USD 292704.81000000 0.059009803686 Long EC CORP US N 1 N N N NISOURCE INC 549300D8GOWWH0SJB189 NISOURCE INC 65473P105 1707.00000000 NS USD 68433.63000000 0.013796339977 Long EC CORP US N 1 N N N NORFOLK SOUTHERN CORP 54930036C8MWP850MI84 NORFOLK SOUTHERN CORP 655844108 519.00000000 NS USD 122925.15000000 0.024781926096 Long EC CORP US N 1 N N N NORSK HYDRO ASA 549300N1SDN71ZZ8BO45 NORSK HYDRO AS ORD N/A 5500.00000000 NS 31795.47000000 0.006410022584 Long EC CORP NO N 2 N N N NVIDIA CORP 549300S4KLFTLO7GSQ80 NVIDIA CORP 67066G104 506.00000000 NS USD 54840.28000000 0.011055896747 Long EC CORP US N 1 N N N OMEGA HEALTHCARE INVESTORS INC 549300OJ7ENK42CZ8E73 OMEGA HEALTHCARE INVESTORS INC 4.5% 04/01/2027 681936BF6 83000.00000000 PA USD 82607.46000000 0.016653808994 Long DBT CORP US N 2 2027-04-01 Fixed 0.04500000 N N N N N N PG and E CORP 8YQ2GSDWYZXO2EDN3511 PG and E CORP 69331C108 7684.00000000 NS USD 132011.12000000 0.026613673603 Long EC CORP US N 1 N N N TXNM ENERGY INC 5493003JOBJGLZSDDQ28 TXNM ENERGY INC 69349H107 1539.00000000 NS USD 82305.72000000 0.016592977681 Long EC CORP US N 1 N N N AENA SME SA 959800R7QMXKF0NFMT29 AENA SME SA N/A 1767.00000000 NS 413848.33000000 0.083432550046 Long EC CORP ES N 1 N N N PLAINS GP HLDGS LP 549300O56BSKRD8FAM12 PLAINS GP HLDGS LP CL A 72651A207 65990.00000000 NS USD 1409546.40000000 0.284167029406 Long EC CORP US N 1 N N N WASTE CONNECTION INC 549300HDLRTPBQU69P29 WASTE CONNECTIONS INC 94106B101 531.00000000 NS USD 103645.89000000 0.020895193426 Long EC CORP CA N 1 N N N PROLOGIS INC 529900DFH19P073LZ636 PROLOGIS INC REIT 74340W103 370.00000000 NS USD 41362.30000000 0.008338712312 Long EC CORP US N 1 N N N PROVIDENCE PLACE GROUP LTD PARTNERSHIP N/A PPGLP 2000-C1 A2 7.75% 7/28 743784AB6 121123.27990000 PA USD 124001.93000000 0.024999006835 Long ABS-MBS CORP US N 2 2028-07-20 Fixed 0.07750000 N N N N N N RELIANCE INC 549300E287ZOFT3C5Z56 RELIANCE INC 759509102 3460.00000000 NS USD 999075.00000000 0.201415274377 Long EC CORP US N 1 N N N CELLNEX TELECOM SAU 5493008T4YG3AQUI7P67 CELLNEX TELECOM SAU N/A 3698.00000000 NS 131459.33000000 0.026502431770 Long EC CORP ES N 2 N N N REPUBLIC SERVICES INC NKNQHM6BLECKVOQP7O46 REPUBLIC SERVICES INC 760759100 639.00000000 NS USD 154740.24000000 0.031195904108 Long EC CORP US N 1 N N N SSE PLC 549300KI75VYLLMSK856 SSE PLC N/A 5478.00000000 NS 112837.90000000 0.022748318783 Long EC CORP GB N 2 N N N SEMPRA PBBKGKLRK5S5C0Y4T545 SEMPRA 816851109 2466.00000000 NS USD 175973.76000000 0.035476619026 Long EC CORP US N 1 N N N WHEATON PRECIOUS METALS CORP 549300XSFG5ZCGVYD886 WHEATON PRECIOUS METALS CORP 962879102 48010.00000000 NS 3725566.66000000 0.751080780759 Long EC CORP CA N 1 N N N SOUTHERN COMPANY 549300FC3G3YU2FBZD92 SOUTHERN CO 842587107 2777.00000000 NS USD 255345.15000000 0.051478030626 Long EC CORP US N 1 N N N STORA ENSO CORP 7437000ZP669LKUTZ738 STORA ENSO AB R 1/10 VTG(FINL) N/A 81300.00000000 NS 770421.29000000 0.155318284925 Long EC CORP FI N 2 N N N SVENSKA CELLULOSA AB SCA 549300FW5JDRV1IJ0M67 SVENSKA CELLULOSA AB CL B N/A 65970.00000000 NS 867957.23000000 0.174981701702 Long EC CORP SE N 1 N N N T-MOBILE US INC 549300QHIJYOHPACPG31 T-MOBILE US INC 872590104 490.00000000 NS USD 130687.90000000 0.026346910128 Long EC CORP US N 1 N N N TAIWAN SEMICONDUCTOR MFG CO LTD 549300KB6NK5SBD14S87 TAIWAN SEMIC MFG CO LTD SP ADR 874039100 205.00000000 NS USD 34030.00000000 0.006860507756 Long EC CORP TW N 1 N N N TARGA RES CORP 5493003QENHHS261UR94 TARGA RESOURCES CORP 87612G101 1074.00000000 NS USD 215304.78000000 0.043405821723 Long EC CORP US N 1 N N N TECK RESOURCES LTD T8KI5SQ2JRWHL7XY0E11 TECK RESOURCES LTD SUB VTG CLB 878742204 62440.00000000 NS 2274489.98000000 0.458541173977 Long EC CORP CA N 1 N N N TIMES SQUARE HOTEL TR N/A TIMES SQUARE HOTEL TR 8.528% 08/01/2026 144A 887367AA8 98350.56970000 PA USD 98733.85000000 0.019904917536 Long DBT CORP US N 2 2026-08-01 Fixed 0.08528000 N N N N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 UNION PACIFIC CORP 907818108 519.00000000 NS USD 122608.56000000 0.024718100996 Long EC CORP US N 1 N N N TATA STEEL LTD 335800E6C75YGSGD5T66 TATA STEEL LTD (DEMAT) N/A 414200.00000000 NS 740036.80000000 0.149192718386 Long EC CORP IN N 2 N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 3.625 4/15/28 912810FD5 890000.00000000 PA USD 1873643.84000000 0.377729888266 Long DBT UST US N 2 2028-04-15 Fixed 0.03625000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 3.875% 4/15/29 912810FH6 520000.00000000 PA USD 1104258.18000000 0.222620388167 Long DBT UST US N 2 2029-04-15 Fixed 0.03875000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 3.375% 4/15/32 912810FQ6 500000.00000000 PA USD 1000386.09000000 0.201679592424 Long DBT UST US N 2 2032-04-15 Fixed 0.03375000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 2.375% 1/15/27 912810PS1 601000.00000000 PA USD 970859.48000000 0.195726975999 Long DBT UST US N 2 2027-01-15 Fixed 0.02375000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 2.5% 1/15/29 912810PZ5 619000.00000000 PA USD 957188.72000000 0.192970926777 Long DBT UST US N 2 2029-01-15 Fixed 0.02500000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 2.125% 2/15/40 912810QF8 794000.00000000 PA USD 1180146.85000000 0.237919677300 Long DBT UST US N 2 2040-02-15 Fixed 0.02125000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 2.125% 2/15/41 912810QP6 875000.00000000 PA USD 1281046.99000000 0.258261322705 Long DBT UST US N 2 2041-02-15 Fixed 0.02125000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 0.75% 2/15/42 912810QV3 177000.00000000 PA USD 200078.01000000 0.040336078153 Long DBT UST US N 2 2042-02-15 Fixed 0.00750000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 0.625% 02/15/2043 912810RA8 1417000.00000000 PA USD 1507009.86000000 0.303815834088 Long DBT UST US N 2 2043-02-15 Fixed 0.00625000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 1.375% 02/15/2044 912810RF7 2290000.00000000 PA USD 2719379.40000000 0.548231662276 Long DBT UST US N 2 2044-02-15 Fixed 0.01375000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 0.75% 02/15/2045 912810RL4 1390000.00000000 PA USD 1424162.47000000 0.287113654784 Long DBT UST US N 2 2045-02-15 Fixed 0.00750000 N N N N N N UPM KYMMENE CORP 213800EC6PW5VU4J9U64 UPM KYMMENE CORP N/A 61720.00000000 NS 1648424.54000000 0.332325281901 Long EC CORP FI N 1 N N N VENTAS INC ORQTRC074CWLT3DKHT41 VENTAS INC REIT 92276F100 2621.00000000 NS USD 180219.96000000 0.036332660402 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC 2S72QS2UO2OESLG6Y829 VERIZON COMMUNICATIONS INC 92343V104 1256.00000000 NS USD 56972.16000000 0.011485687499 Long EC CORP US N 1 N N N VORNADO REALTY TRUST N/A VORNADO RLTY SR L 5.4% PFD PRP 929042844 1000.00000000 NS USD 16810.00000000 0.003388925518 Long EP CORP US N 1 N N N WFRBS COML MTG TR 2013-C11 N/A WFRBS 2013-C11 E VAR 3/45 92937EAL8 220000.00000000 PA USD 148733.60000000 0.029984954936 Long ABS-MBS CORP US N 2 2045-03-15 Variable 0.03806485 N N N N N N WELLTOWER INC 254900F33BIAR82QTA19 WELLTOWER INC 95040Q104 1338.00000000 NS USD 204994.98000000 0.041327347939 Long EC CORP US N 1 N N N WEST FRASER TIMBER CO 5493005WD1ZK6WBVR988 WEST FRASER TIMBER LTD 952845105 14550.00000000 NS 1117550.81000000 0.225300205717 Long EC CORP CA N 1 N N N WILLIAMS COS INC D71FAKCBLFS2O0RBPG08 WILLIAMS COMPANIES INC 969457100 5241.00000000 NS USD 313202.16000000 0.063142105439 Long EC CORP US N 1 N N N YARA INTERNATIONAL ASA 213800WKOUWXWFJ5Z514 YARA INTERNATIONAL ASA N/A 24400.00000000 NS 732647.07000000 0.147702935841 Long EC CORP NO N 1 N N N CHAMPION IRON LTD 894500WQI96G4T75O202 CHAMPION IRON LTD N/A 445970.00000000 NS 1360486.64000000 0.274276495641 Long EC CORP AU N 1 N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 1% 2/15/46 912810RR1 313000.00000000 PA USD 331300.15000000 0.066790692003 Long DBT UST US N 2 2046-02-15 Fixed 0.01000000 N N N N N N BRAEMAR HOTELS and RESORTS INC 549300JDUUEBN868C776 BRAEMAR HOTELS and RESORTS INC 5.5% PERP PFD 10482B200 2700.00000000 NS USD 35100.00000000 0.007076221635 Long EP CORP US N 2 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 07/15/2026 912828S50 2087000.00000000 PA USD 2752828.05000000 0.554974968852 Long DBT UST US N 2 2026-07-15 Fixed 0.00125000 N N N N N N LAMB WESTON HOLDINGS INC 5493005SMYID1D2OY946 LAMB WESTON HOLDINGS INC 513272104 9510.00000000 NS USD 506883.00000000 0.102188502887 Long EC CORP US N 1 N N N HILTON USA TR 2016-HHV N/A HILT 2016-HHV F CSTR 11/38 144A 43300LAQ3 163000.00000000 PA USD 157319.69000000 0.031715925757 Long ABS-MBS CORP US N 2 2038-11-05 Variable 0.04193500 N N N N N N CBL and ASSOCS LTD PARTNERSHIP 549300VS75TWHD9JTH89 CBL and ASSOCS LP 5.95% 12/15/2026 12505JAD5 132000.00000000 PA USD 0.01000000 0.000000002016 Long DBT CORP US N 3 2026-12-15 Fixed 0.05950000 Y Y N N N N VISTRA CORP 549300KP43CPCUJOOG15 VISTRA CORP 92840M102 994.00000000 NS USD 116735.36000000 0.023534053563 Long EC CORP US N 1 N N N DIGITALBRIDGE GROUP INC 549300XG87L902AGBO89 DIGITALBRIDGE GROUP INC SER H 7.125% PERP PFD 25401T504 12830.00000000 NS USD 304840.80000000 0.061456440581 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.375% 01/15/2027 912828V49 3473000.00000000 PA USD 4519954.73000000 0.911230810618 Long DBT UST US N 2 2027-01-15 Fixed 0.00375000 N N N N N N JPMBB COML MTG SECS TR 2014-C23 N/A JPMBB 2014-C23 UH5 4.7094% 09/15/2047 144A 46643AAQ6 54000.00000000 PA USD 52069.46000000 0.010497294570 Long ABS-MBS CORP US N 2 2047-09-15 Fixed 0.04709400 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 0.875% 2/15/47 912810RW0 973000.00000000 PA USD 969925.94000000 0.195538772696 Long DBT UST US N 2 2047-02-15 Fixed 0.00875000 N N N N N N CHIMERA INVESTMENT CORP 2JBBQFJOL123LOUBE657 CHIMERA INVESTMENT CORP SER B 8%/VAR PREF PERP 16934Q406 10787.00000000 NS USD 257377.82000000 0.051887820468 Long EP CORP US N 1 N N N PENNYMAC MORTGAGE INVESTMENT TRUST 549300BSSOQO1ZWDUJ97 PENNYMAC MTG INVT TR 8.125/VAR PREF PERP 70931T301 2000.00000000 NS USD 49320.00000000 0.009942998606 Long EP CORP US N 1 N N N TWO HARBORS INVESTMENT COR 549300ZUIBT6KH4HU823 TWO HARBORS INVT CORP 8.125% SER A PERP PFD 90187B200 6938.00000000 NS USD 171715.50000000 0.034618146332 Long EP CORP US N 1 N N N COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR N/A CD 2017-CD4 D 3.3% 05/10/2050 144A 12515DAF1 56000.00000000 PA USD 47080.66000000 0.009491543729 Long ABS-MBS CORP US N 2 2050-05-10 Fixed 0.03300000 N N N N N N WP GLIMCHER MALL TR 15-WPG N/A JPMDB 2015-WPG PR1 CSTAR 6/5/35 144A 92939VAL8 140000.00000000 PA USD 133367.81000000 0.026887184690 Long ABS-MBS CORP US N 2 2035-06-05 Variable 0.03516000 N N N N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 PUBLIC STORAGE 5.15% SER F PFD PERP 74460W685 3200.00000000 NS USD 67552.00000000 0.013618601821 Long EP CORP US N 1 N N N DIGITALBRIDGE GROUP INC 549300XG87L902AGBO89 DIGITALBRIDGE GROUP INC 7.15% SER I PERP PFD 25401T405 13800.00000000 NS USD 323472.00000000 0.065212523217 Long EP CORP US N 1 N N N COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR N/A COMMERCIAL MORTGAGE CD 2017-CD4 MTG TR CSTR 05/10/2050 12515DAV6 232000.00000000 PA USD 212807.96000000 0.042902458427 Long ABS-MBS CORP US N 2 2050-05-10 Variable 0.04349700 N N N N N N TRI POINTE HOMES INC N/A TRI POINTE HOMES INC 5.25% 06/01/2027 87265HAF6 100000.00000000 PA USD 98707.01000000 0.019899506545 Long DBT CORP US N 2 2027-06-01 Fixed 0.05250000 N N N N N N MORGAN STANLEY CAPITAL I TRUST 2017-H1 N/A MORGAN STANLEY CAPITAL I TRUST 2017-H1 4.281% 06/15/2050 61691JBA1 231000.00000000 PA USD 213739.13000000 0.043090183934 Long ABS-MBS CORP US N 2 2050-06-15 Fixed 0.04281000 N N N N N N PENNYMAC MORTGAGE INVESTMENT TRUST 549300BSSOQO1ZWDUJ97 PENNYMAC MTG INVT TR 8%/VAR SER B PREF PERP 70931T400 4200.00000000 NS USD 102312.00000000 0.020626278860 Long EP CORP US N 1 N N N AMERICAN HOMES 4 RENT 549300ZJUO7A58PNUW40 AMERICAN HOMES 4 RENT 5.875% SER G PFD PERP 02665T876 5200.00000000 NS USD 115908.00000000 0.023367256334 Long EP CORP US N 1 N N N TWO HARBORS INVESTMENT COR 549300ZUIBT6KH4HU823 TWO HARBORS INV CORP 7.625% SER B PFD PERP 90187B309 6320.00000000 NS USD 148836.00000000 0.030005598956 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.375% 07/15/2027 9128282L3 1899000.00000000 PA USD 2437887.02000000 0.491482304166 Long DBT UST US N 2 2027-07-15 Fixed 0.00375000 N N N N N N ANNALY CAPITAL MANAGEMENT INC 2DTL0G3FPRYUT58TI025 ANNALY CAPITAL MANAGEMENT INC 6.95%/VAR PERP PFD 035710870 8800.00000000 NS USD 224840.00000000 0.045328138819 Long EP CORP US N 1 N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 PUBLIC STORAGE SER G 5.05% PFD PERP 74460W669 6000.00000000 NS USD 125460.00000000 0.025292956308 Long EP CORP US N 1 N N N KIMCO REALTY CORP 254900ARY41P4V1JL861 KIMCO REALTY CORP 5.125% PERP PFD 49446R737 11600.00000000 NS USD 238960.00000000 0.048174755614 Long EP CORP US N 1 N N N AGNC INVESTMENT CORP 5TRACI5HRMELWV32OF39 AGNC INVESTMENT CORP 7/VAR PFD PERP 00123Q500 14200.00000000 NS USD 370904.00000000 0.074774897708 Long EP CORP US N 1 N N N ASHFORD HOSPITALITY TRUST INC N/A ASHFORD HOSPITALITY TRUST INC SER H 7.5% PFD PERP 044103802 400.00000000 NS USD 6064.00000000 0.001222513048 Long EP CORP US N 1 N N N RLJ LODGING TR N/A RLJ LODGING TR SER A PC 1.95% PERP 74965L200 400.00000000 NS USD 9799.36000000 0.001975568183 Long EP CORP US N 2 N N N GLOBAL NET LEASE INC 549300NUYANCT5SU8Z65 GLOBAL NET LEASE INC SER A 7.25% PFD PERP 379378300 9300.00000000 NS USD 208599.00000000 0.042053924700 Long EP CORP US N 1 N N N DIGITAL REALTY TRUST INC 549300HKCZ31D08NEI41 DIGITAL RLTY TR INC 5.25% PFD PERP 253868855 5800.00000000 NS USD 121277.42000000 0.024449740835 Long EP CORP US N 1 N N N GLOBAL MEDICAL REIT INC 549300HFRIPQDYU3GU60 GLOBAL MEDICAL REIT INC SER A 7.5% PFD PERP 37957W203 2100.00000000 NS USD 53445.00000000 0.010774605849 Long EP CORP US N 1 N N N DIGITALBRIDGE GROUP INC 549300XG87L902AGBO89 DIGITALBRIDGE GROUP INC 7.125% SER J PFD PERP 25401T306 12600.00000000 NS USD 292950.00000000 0.059059234420 Long EP CORP US N 1 N N N NATIONAL STORAGE AFFILIATES TRUST 529900FS06O8GOYNR108 NATIONAL STORAGE AFFILIATES SER A 6% PFD PERP 637870205 200.00000000 NS USD 4376.00000000 0.000882209284 Long EP CORP US N 1 N N N SOTHERLY HOTELS INC 549300IYTT21F61LSR10 SOTHERLY HOTELS INC SER C 7.875% PERP PFD 83600C400 1700.00000000 NS USD 28560.00000000 0.005757746151 Long EP CORP US N 1 N N N SUMMIT HOTEL PROPERTIES INC 254900OBQWJK6X20LS71 SUMMIT HOTEL PPTYS INC SERIES E 6.25% PFD PERP 866082605 6800.00000000 NS USD 135660.00000000 0.027349294219 Long EP CORP US N 1 N N N REXFORD INDL RLTY INC 549300MSLO0DF0EMX355 REXFORD INDL RLTY INC SER B 5.875% PERP PFD 76169C308 1200.00000000 NS USD 27480.00000000 0.005540016254 Long EP CORP US N 1 N N N ASHFORD HOSPITALITY TRUST INC N/A ASHFORD HOSPITALITY TRUST INC SER I 7.5% PFD PERP 044103885 1200.00000000 NS USD 18020.40000000 0.003632944283 Long EP CORP US N 1 N N N CORE NATURAL RESOURCES INC 549300YJCTPJBTK7IJ81 CORE NATURAL RESOURCES INC 218937100 27636.00000000 NS USD 2130735.60000000 0.429560038536 Long EC CORP US N 1 N N N KIMCO REALTY CORP 254900ARY41P4V1JL861 KIMCO REALTY CORP SER M 5.25% PFD PERP 49446R711 16500.00000000 NS USD 345510.00000000 0.069655422716 Long EP CORP US N 1 N N N NUTRIEN LTD 5493002QQ7GD21OWF963 NUTRIEN LTD 67077M108 27780.00000000 NS 1378720.41000000 0.277952455692 Long EC CORP CA N 1 N N N ANNALY CAPITAL MANAGEMENT INC 2DTL0G3FPRYUT58TI025 ANNALY CAPITAL MANAGEMENT INC 6.5%/VAR PFD PERP 035710862 23000.00000000 NS USD 577990.00000000 0.116523798951 Long EP CORP US N 1 N N N CROWN CASTLE INC 54930012H97VSM0I2R19 CROWN CASTLE INC 3.8% 02/15/2028 22822VAK7 100000.00000000 PA USD 97311.09000000 0.019618086622 Long DBT CORP US N 2 2028-02-15 Fixed 0.03800000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.5% 01/15/2028 9128283R9 4507000.00000000 PA USD 5701107.58000000 1.149353299285 Long DBT UST US N 2 2028-01-15 Fixed 0.00500000 N N N N N N SAUL CENTERS INC N/A SAUL CENTERS INC 6.125% SER D PFD PERP 804395804 1300.00000000 NS USD 27300.00000000 0.005503727938 Long EP CORP US N 1 N N N UMH PPTYS INC 529900OM5K3PJ11F0Q09 UMH PPTYS INC 6.75% SER D PFD PERP 903002509 3900.00000000 NS USD 87321.00000000 0.017604066935 Long EP CORP US N 1 N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 1% 02/15/2048 912810SB5 999000.00000000 PA USD 989818.33000000 0.199549113451 Long DBT UST US N 2 2048-02-15 Fixed 0.01000000 N N N N N N HELIOS TOWERS PLC 213800DGC7GS4XCHCU30 HELIOS TOWERS PLC N/A 21842.00000000 NS 30076.55000000 0.006063485294 Long EC CORP GB N 1 N N N GRAFTECH INTERNATIONAL LTD 549300GY32W00XP57351 GRAFTECH INTERNATIONAL LTD 384313508 52620.00000000 NS USD 46010.93000000 0.009275884283 Long EC CORP US N 1 N N N EPR PROPERTIES 549300YSSXFHMPOWZ492 EPR PPTYS 4.95% 04/15/2028 26884UAE9 250000.00000000 PA USD 247574.34000000 0.049911421685 Long DBT CORP US N 2 2028-04-15 Fixed 0.04950000 N N N N N N WELLS FARGO COML MTG TR 2018-C44 N/A WELLS FARGO COML MTG TR 2018-C44 3% 05/15/2051 144A 95001JAC1 535000.00000000 PA USD 413784.52000000 0.083419685838 Long ABS-MBS CORP US N 2 2051-05-15 Fixed 0.03000000 N N N N N N IPERIONX LTD 98450096B1C9E094C832 IPERIONX LTD N/A 32734.00000000 NS 61507.08000000 0.012399935334 Long EC CORP AU N 2 N N N EVERGY INC 549300PGTHDQY6PSUI61 EVERGY INC 30034W106 1584.00000000 NS USD 109216.80000000 0.022018298664 Long EC CORP US N 1 N N N INDEPENDENCE PLAZA TR 2018-INDP N/A INDEPENDENCE PLAZA TR 2018-INDP E 4.996% 07/10/2035 144A 45378YAS3 100000.00000000 PA USD 95280.06000000 0.019208627407 Long ABS-MBS CORP US N 2 2035-07-10 Fixed 0.04996000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.75% 07/15/28 912828Y38 3436000.00000000 PA USD 4297359.72000000 0.866355265725 Long DBT UST US N 2 2028-07-15 Fixed 0.00750000 N N N N N N CHIMERA INVESTMENT CORP 2JBBQFJOL123LOUBE657 CHIMERA INVESTMENT CORP SER C 7.75/VAR PERP PFD 16934Q505 7100.00000000 NS USD 161170.00000000 0.032492155014 Long EP CORP US N 1 N N N GLP CAP LP / GLP FING II INC N/A GLP CAP LP / GLP FING II INC 5.3% 01/15/2029 361841AL3 1000000.00000000 PA USD 1001423.00000000 0.201888635300 Long DBT CORP US N 2 2029-01-15 Fixed 0.05300000 N N N N N N PEBBLEBROOK HOTEL TRUST 5493004Q1NNH6JXCSI52 PEBBLEBROOK HOTEL TR SER F 6.3% PERP PFD 70509V704 10273.00000000 NS USD 180804.80000000 0.036450565173 Long EP CORP US N 1 N N N PEBBLEBROOK HOTEL TRUST 5493004Q1NNH6JXCSI52 PEBBLEBROOK HOTEL TR SER E 6.375% PERP PFD 70509V605 8700.00000000 NS USD 149466.00000000 0.030132608062 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.875% 01/15/2029 9128285W6 2203000.00000000 PA USD 2728371.07000000 0.550044398737 Long DBT UST US N 2 2029-01-15 Fixed 0.00875000 N N N N N N CHIMERA INVESTMENT CORP 2JBBQFJOL123LOUBE657 CHIMERA INVESTMENT CORP 8%/VAR PERP PFD 16934Q604 5000.00000000 NS USD 115100.00000000 0.023204362115 Long EP CORP US N 1 N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 1% 02/15/2049 912810SG4 1680000.00000000 PA USD 1615230.32000000 0.325633268859 Long DBT UST US N 2 2049-02-15 Fixed 0.01000000 N N N N N N CORTEVA INC 549300WZN9I2QKLS0O94 CORTEVA INC 22052L104 45830.00000000 NS USD 2884081.90000000 0.581435975494 Long EC CORP US N 1 N N N ARMADA HOFFLER PROPERTIES INC 549300WQRSIV6XZT9313 ARMADA HOFFLER PPTYS INC SER A 6.75% PFD PERP 04208T207 6000.00000000 NS USD 133020.00000000 0.026817065583 Long EP CORP US N 1 N N N ANNALY CAPITAL MANAGEMENT INC 2DTL0G3FPRYUT58TI025 ANNALY CAPITAL MANAGEMENT INC SER I 6.75/VAR PFD PERP 035710847 8600.00000000 NS USD 218784.00000000 0.044107238585 Long EP CORP US N 1 N N N RITHM CAPITAL CORP 549300WNTHGEO5LP2G31 RITHM CAPITAL CORP 64828T300 9958.00000000 NS USD 255522.28000000 0.051513740345 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.25% 07/15/2029 9128287D6 3273000.00000000 PA USD 3893691.00000000 0.784974942929 Long DBT UST US N 2 2029-07-15 Fixed 0.00250000 N N N N N N CSAIL 2019-C16 COML MTG TR N/A CSAIL 2019-C16 COML MTG TR C CSTR 06/15/2052 12596WAJ3 750000.00000000 PA USD 685990.50000000 0.138296889400 Long ABS-MBS CORP US N 2 2052-06-15 Variable 0.04237100 N N N N N N MPT OPER PARTNERSHIP LP / MPT FIN CORP N/A MPT OPER PARTNERSHIP LP/CORP 4.625% 08/01/2029 55342UAJ3 915000.00000000 PA USD 697533.96000000 0.140624071207 Long DBT CORP US N 2 2029-08-01 Fixed 0.04625000 N N N N N N RITHM CAPITAL CORP 549300WNTHGEO5LP2G31 RITHM CAPITAL CORP SER B 7.125%/VAR PFD PERP 64828T409 6200.00000000 NS USD 156550.00000000 0.031560754902 Long EP CORP US N 1 N N N WELLS FARGO COML MTG TR 2019-C52 N/A WELLS FARGO COML MTG TR 2019-C52 3.561% 08/15/2052 95002MBC2 100000.00000000 PA USD 84244.73000000 0.016983885501 Long ABS-MBS CORP US N 2 2052-08-15 Fixed 0.03561000 N N N N N N WELLS FARGO COML MTG TR 2019-C52 N/A WELLS FARGO COML MTG TR 2019-C52 3.375% 08/15/2052 95002MBB4 785000.00000000 PA USD 699993.68000000 0.141119955078 Long ABS-MBS CORP US N 2 2052-08-15 Fixed 0.03375000 N N N N N N REXFORD INDL RLTY INC 549300MSLO0DF0EMX355 REXFORD INDL RLTY INC SER C 5.625% PERP PFD 76169C407 4400.00000000 NS USD 95700.00000000 0.019293288049 Long EP CORP US N 1 N N N GLADSTONE COMMERCIAL CORP 529900EVVV534W8R0T32 GLADSTONE COMMERCIAL CORP SER E 6.625% PFD 12/31/2049 376536702 3600.00000000 NS USD 81972.00000000 0.016525699143 Long EP CORP US N 1 N N N AGNC INVESTMENT CORP 5TRACI5HRMELWV32OF39 AGNC INVESTMENT CORP SER E 6.5%/VAR PFD PERP 00123Q807 17400.00000000 NS USD 445440.00000000 0.089801486193 Long EP CORP US N 1 N N N DIGITAL REALTY TRUST INC 549300HKCZ31D08NEI41 DIGITAL RLTY TR INC SER L 5.2% PERP PFD 253868822 12700.00000000 NS USD 255143.00000000 0.051437276831 Long EP CORP US N 1 N N N ELLINGTON FINANCIAL INC 60GS1D1R1YY5G1W7IT74 ELLINGTON FINANCIAL INC 6.75/VAR PFD PERP 28852N208 2000.00000000 NS USD 49760.00000000 0.010031703378 Long EP CORP US N 1 N N N GFL ENVIRONMENTAL INC 5493008HF9XC5H29ZX61 GFL ENVIRONMENTAL INC 36168Q104 3601.00000000 NS USD 173964.31000000 0.035071510377 Long EC CORP CA N 1 N N N VICI PROPERTIES LP / VICI NOTE CO INC N/A VICI PROPERTIES LP / VICI NOTE CO INC 4.625% 12/01/2029 144A 92564RAB1 500000.00000000 PA USD 485057.05000000 0.097788353041 Long DBT CORP US N 2 2029-12-01 Fixed 0.04625000 N N N N N N GLOBAL NET LEASE INC 549300NUYANCT5SU8Z65 GLOBAL NET LEASE INC SER B 6.875% PFD PERP 379378409 2200.00000000 NS USD 47520.00000000 0.009580115445 Long EP CORP US N 1 N N N BX TR 2019-OC11 N/A BX TR 2019-OC11 4.075457% 12/09/2041 144A 05606FAN3 284000.00000000 PA USD 256344.90000000 0.051679581982 Long ABS-MBS CORP US N 2 2041-12-09 Variable 0.03943990 N N N N N N NATIONAL HEALTHCARE PROPERTIES INC 549300Z2NSUGF5NF2Y30 HEALTHCARE TRUST INC SER A 7.375% PFD PERP 42226B204 4200.00000000 NS USD 60627.00000000 0.012222509661 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 01/15/2030 912828Z37 3363000.00000000 PA USD 3906977.43000000 0.787653510548 Long DBT UST US N 2 2030-01-15 Fixed 0.00125000 N N N N N N ARMOUR RESIDENTIAL REIT INC 549300K0WA0EJUX74V72 ARMOUR RESDNTL REIT INC SER C 7% PERP PFD 042315606 1000.00000000 NS USD 21330.00000000 0.004300165455 Long EP CORP US N 1 N N N OVINTIV INC 2549003MEX7YMKLGI239 OVINTIV INC 69047Q102 30170.00000000 NS USD 1291276.00000000 0.260323509083 Long EC CORP US N 1 N N N AGNC INVESTMENT CORP 5TRACI5HRMELWV32OF39 AGNC INVESTMENT CORP SER F 6.125%/VAR PFD PERP 00123Q872 7000.00000000 NS USD 176960.00000000 0.035675446742 Long EP CORP US N 1 N N N RITHM CAPITAL CORP 549300WNTHGEO5LP2G31 RITHM CAPITAL CORP SER C 6.375%/VAR PFD PERP 64828T508 10300.00000000 NS USD 259251.00000000 0.052265456845 Long EP CORP US N 1 N N N DYNEX CAPITAL INC 5CIJ4S9HAEBWILA19B65 DYNEX CAP INC 6.9%/VAR PFD PERP C 26817Q878 23400.00000000 NS USD 599274.00000000 0.120814690726 Long EP CORP US N 1 N N N SG COML MTG SECS TR 2020-COVE N/A SG COMMERCIAL MORTGAGE SECURITIES TRUST 2020-COVE F CSTR 03/15/2037 144A 78397FAL7 150000.00000000 PA USD 121801.50000000 0.024555396283 Long ABS-MBS CORP US N 2 2037-03-15 Variable 0.03727570 N N N N N N Morgan Stanley Capital I Trust N/A Morgan Stanley Capital I Trust 3.536% 02/15/2053 61770KBC8 542000.00000000 PA USD 461361.46000000 0.093011280487 Long ABS-MBS CORP US N 2 2053-02-15 Fixed 0.03536000 N N N N N N BX COMMERCIAL MORTGAGE TRUST 2020-VIVA N/A BX COMMERCIAL MORTGAGE TRUST 2020-VIVA E 3.54875% 03/09/2044 144A 12433XAJ8 789000.00000000 PA USD 698089.76000000 0.140736121463 Long ABS-MBS CORP US N 2 2044-03-11 Variable 0.03548750 N N N N N N WEYERHAEUSER CO 08IRJODWFYBI7QWRGS31 WEYERHAEUSER CO 4% 04/15/2030 962166BY9 250000.00000000 PA USD 240836.62000000 0.048553085501 Long DBT CORP US N 2 2030-04-15 Fixed 0.04000000 N N N N N N VENTAS RLTY LTD PARTNERSHIP 32SXKSJ72K64GM3HOU64 VENTAS RLTY LTD PARTNERSHIP 4.75% 11/15/2030 92277GAV9 250000.00000000 PA USD 248639.93000000 0.050126246500 Long DBT CORP US N 2 2030-11-15 Fixed 0.04750000 N N N N N N BENCHMARK 2020-IG2 MTG TR N/A BENCHMARK 2020-IG2 D MT VAR 09/15/2048 144A 08162NAR7 417000.00000000 PA USD 174036.49000000 0.035086061992 Long ABS-MBS CORP US N 3 2048-09-15 Variable 0.03296471 N N N N N N CUSHMAN and WAKEFIELD US BORROWER LLC 549300870CMN3WI5IF97 CUSHMAN and WAKEFIELD US BORROWER LLC 6.75% 05/15/2028 144A 23166MAA1 285000.00000000 PA USD 285723.91000000 0.057602441987 Long DBT CORP US N 2 2028-05-15 Fixed 0.06750000 N N N N N N CROWN CASTLE INC 54930012H97VSM0I2R19 CROWN CASTLE INC 2.25% 01/15/2031 22822VAT8 1250000.00000000 PA USD 1068293.30000000 0.215369805205 Long DBT CORP US N 2 2031-01-15 Fixed 0.02250000 N N N N N N BRIXMOR OPERATING PARTNERSHIP LP 549300CJHBL7JBUA6503 BRIXMOR OPERATING PARTNERSHIP LP 4.05% 07/01/2030 11120VAJ2 350000.00000000 PA USD 335272.03000000 0.067591429986 Long DBT CORP US N 2 2030-07-01 Fixed 0.04050000 N N N N N N GLP CAP LP / GLP FING II INC N/A GLP CAP LP / GLP FING II INC 4% 01/15/2031 361841AQ2 500000.00000000 PA USD 466112.75000000 0.093969148895 Long DBT CORP US N 2 2031-01-15 Fixed 0.04000000 N N N N N N BBCMS MTG TR 2020-C7 N/A BBCMS MTG TR 2020-C7 CSTR 04/15/2053 05492VAL9 500000.00000000 PA USD 409351.20000000 0.082525920741 Long ABS-MBS CORP US N 2 2053-04-15 Variable 0.03593491 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 07/15/2030 912828ZZ6 2942000.00000000 PA USD 3414751.60000000 0.688419918871 Long DBT UST US N 2 2030-07-15 Fixed 0.00125000 N N N N N N BENCHMARK 2020-B18 MORTGAGE TRUST N/A BENCHMARK 2020-B18 MORTGAGE TRUST 4.534% 07/15/2053 144A 08163ABT9 63000.00000000 PA USD 60532.31000000 0.012203419990 Long ABS-MBS CORP US N 2 2053-07-15 Variable 0.04388490 N N N N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 PUBLIC STORAGE SER M 4.125% PFD PERP 74460W537 1000.00000000 NS USD 17100.00000000 0.003447390027 Long EP CORP US N 1 N N N DIAMONDROCK HOSPITALITY CO 529900KKD4BPVBUAQ734 DIAMONDROCK HOSPITALITY CO 8.25% PFD PERP 252784400 11337.00000000 NS USD 280817.49000000 0.056613299100 Long EP CORP US N 1 N N N OMEGA HEALTHCARE INVESTORS INC 549300OJ7ENK42CZ8E73 OMEGA HEALTHCARE INVESTORS INC 3.375% 02/01/2031 681936BM1 500000.00000000 PA USD 450954.82000000 0.090913283589 Long DBT CORP US N 2 2031-02-01 Fixed 0.03375000 N N N N N N HILTON DOMESTIC OPERATING CO INC 5493003EG7H0N1E4XV50 HILTON DOMESTIC OPERATING CO INC 4% 05/01/2031 144A 432833AL5 350000.00000000 PA USD 316966.09000000 0.063900920337 Long DBT CORP US N 2 2031-05-01 Fixed 0.04000000 N N N N N N BANK 2020-BNK30 N/A BANK 2020-BN30 MCDG CSTR 12/53 06541UBJ4 264000.00000000 PA USD 129387.98000000 0.026084843973 Long ABS-MBS CORP US N 2 2053-12-15 Variable 0.02918230 N N N N N N TR 2013-LC12 WELLS FARGO COML MTG TR 2013-LC12 N/A WELLS FARGO TR 2013-LC12 3.162% 07/15/2053 95002UAZ4 1000000.00000000 PA USD 808973.10000000 0.163090397518 Long ABS-MBS CORP US N 2 2053-07-15 Fixed 0.03162000 N N N N N N BX 2021-MFM1 N/A BX 2021-MFM1 G TSFR1M+401.448 01/15/2034 144A 05608VAQ9 119000.00000000 PA USD 117240.55000000 0.023635900754 Long ABS-MBS CORP US N 2 2034-01-15 Variable 0.08333480 N N N N N N BX 2021-MFM1 N/A BX 2021-MFM1 TSFR1M+311.448 01/15/2034 144A 05608VAN6 235200.00000000 PA USD 232713.02000000 0.046915353476 Long ABS-MBS CORP US N 2 2034-01-15 Variable 0.07433480 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 01/15/2031 91282CBF7 3050000.00000000 PA USD 3438057.99000000 0.693118528021 Long DBT UST US N 2 2031-01-15 Fixed 0.00125000 N N N N N N UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC N/A UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 6.5% 02/15/2029 144A 91327BAA8 195000.00000000 PA USD 175148.45000000 0.035310235081 Long DBT CORP US N 2 2029-02-15 Fixed 0.06500000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 0.125% 02/15/2051 912810SV1 1244000.00000000 PA USD 873812.14000000 0.176162061840 Long DBT UST US N 2 2051-02-15 Fixed 0.00125000 N N N N N N HILTON USA TR 2016-HHV N/A HILTON USA TR 2016-HHV VAR 11/05/2038 144A 43300LAN0 900000.00000000 PA USD 871896.15000000 0.175775794891 Long ABS-MBS CORP US N 2 2038-11-05 Variable 0.04193500 N N N N N N MHC COML MTG TR 2021-MHC N/A MHC 2021 MHC G TSFR1M+331.544 9 04/15/2026 144A 55316VAN4 160000.00000000 PA USD 158000.00000000 0.031853077448 Long ABS-MBS CORP US N 2 2038-04-15 Variable 0.07634442 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 04/15/2026 91282CCA7 2657000.00000000 PA USD 3195643.87000000 0.644247415749 Long DBT UST US N 2 2026-04-15 Fixed 0.00125000 N N N N N N BX COMMERCIAL MORTGAGE TRUST 2021-VINO N/A BX COMMERCIAL MORTGAGE TRUST 2021-VINO F TSFR1M+291.681 82 05/15/2038 144A 05608KAL4 233100.00000000 PA USD 231934.50000000 0.046758402477 Long ABS-MBS CORP US N 2 2038-05-15 Variable 0.07235810 N N N N N N BX COMMERCIAL MORTGAGE TRUST 2021-VINO N/A BX COMMERCIAL MORTGAGE TRUST 2021 VINO G TSFR1M+406.681 82 05/15/2038 144A 05608KAN0 140700.00000000 PA USD 139866.84000000 0.028197400550 Long ABS-MBS CORP US N 2 2038-05-15 Variable 0.08385810 N N N N N N PEBBLEBROOK HOTEL TRUST 5493004Q1NNH6JXCSI52 PEBBLEBROOK HOTEL TRUST 6.375% PERP PFD 70509V803 17200.00000000 NS USD 304440.00000000 0.061375638597 Long EP CORP US N 1 N N N SUNSTONE HOTEL INVS INC NEW 529900ZQ2V52V96ATF67 SUNSTONE HOTEL INVS INC SER H 6.125% PFD PERP 867892804 3500.00000000 NS USD 69545.00000000 0.014020394121 Long EP CORP US N 1 N N N ARBOR REALTY TRUST INC 549300ASFUWYQO0RW077 ARBOR REALTY TRUST INC SER D 6.375% PERP PFD 038923876 1500.00000000 NS USD 26400.00000000 0.005322286358 Long EP CORP US N 1 N N N MORGAN STANLEY CAPITAL I TRUST 2021-L5 N/A MORGAN STANLEY CAPITAL I TRUST 2021-L5 C 3.156% 05/15/2054 61691YBB6 513000.00000000 PA USD 421589.71000000 0.084993225848 Long ABS-MBS CORP US N 2 2054-05-15 Fixed 0.03156000 N N N N N N BX COMMERCIAL MORTGAGE TRUST 2021-SOAR N/A BX COMMERCIAL MORTGAGE TRUST 2021-SOAR J 3.85% 06/15/2023 144A 05608WAU8 526042.68000000 PA USD 514984.89000000 0.103821858138 Long ABS-MBS CORP US N 2 2038-06-15 Variable 0.08184480 N N N N N N BX COMMERCIAL MORTGAGE TRUST 2021-SOAR N/A BX 2021-SOAR 2.45% 06/15/2023 144A 05608WAQ7 419957.41700000 PA USD 418120.10000000 0.084293746379 Long ABS-MBS CORP US N 2 2038-06-15 Variable 0.06784480 N N N N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 PUBLIC STORAGE 4% PERP PFD 74460W461 1200.00000000 NS USD 19524.00000000 0.003936072684 Long EP CORP US N 1 N N N HILTON GRAND VACATIONS BORROWER LLC / HILTON GRAND VACATIONS BORROWER INC N/A HILTON GRAND VACATIONS BORROWER LLC / HILTON GRAND VACATIONS BORROWER INC 4.875% 07/01/2031 144A 43284MAB4 395000.00000000 PA USD 346787.92000000 0.069913053632 Long DBT CORP US N 2 2031-07-01 Fixed 0.04875000 N N N N N N LGI HOMES INC 549300W02B4WNV8CV109 LGI HOMES INC 4% 07/15/2029 144A 50187TAF3 170000.00000000 PA USD 150084.70000000 0.030257339069 Long DBT CORP US N 2 2029-07-15 Fixed 0.04000000 N N N N N N CROWN CASTLE INC 54930012H97VSM0I2R19 CROWN CASTLE INC 2.5% 07/15/2031 22822VAY7 500000.00000000 PA USD 426952.79000000 0.086074432194 Long DBT CORP US N 2 2031-07-15 Fixed 0.02500000 N N N N N N SUN CMNTYS OPER LTD PRTNRSHP 549300PUNBPJCGT6X741 SUN CMNTYS OPER LTD PRTNRSHP 2.7% 07/15/2031 866677AE7 1000000.00000000 PA USD 870240.43000000 0.175441998832 Long DBT CORP US N 2 2031-07-15 Fixed 0.02700000 N N N N N N GLADSTONE COMMERCIAL CORP 529900EVVV534W8R0T32 GLADSTONE COMMERCIAL CORP SER G 6% PFD PERP 376536884 18200.00000000 NS USD 374674.30000000 0.075534996808 Long EP CORP US N 1 N N N CREDIT SUISSE COM MTG TR 2021 N/A CREDIT SUISSE COM MTG TR 2021-SOP2 F STEP 06/15/2034 144A 12657VAQ5 80000.00000000 PA USD 31939.83000000 0.006439125814 Long ABS-MBS CORP US N 3 2034-06-15 Variable 0.08750538 N N N N N N PROGRESS RESIDENTIAL TRUST 2021-SFR6 N/A PROGRESS RESIDENTIAL TRUST 2021-SFR6 3.422% 07/17/2038 144A 74333HAN5 100000.00000000 PA USD 97257.18000000 0.019607218271 Long ABS-CBDO CORP US N 2 2038-07-17 Fixed 0.03422000 N N N N N N CTO REALTY GROWTH INC N/A CTO REALTY GROWTH INC 6.375% PFD PERP 22948Q200 1000.00000000 NS USD 20450.00000000 0.004122755910 Long EP CORP US N 1 N N N DIGITALBRIDGE ISSUER LLC / DIGITALBRIDGE CO-ISSUER LLC N/A DIGITALBRIDGE ISSUER LLC / DIGITALBRIDGE CO-ISSUER LLC 3.933% 09/25/2051 144A 25402JAA7 85000.00000000 PA USD 82144.00000000 0.016560374645 Long ABS-CBDO CORP US N 2 2051-09-25 Fixed 0.03933000 N N N N N N AMERICAN HOMES 4 RENT LP 549300N4PXZ37U8QKI55 AMERICAN HOMES 4 RENT LP 2.375% 07/15/2031 02666TAC1 750000.00000000 PA USD 643453.22000000 0.129721299057 Long DBT CORP US N 2 2031-07-15 Fixed 0.02375000 N N N N N N PKHL COML MTG TR 2021-MF N/A PKHL COML MTG TR 2021-MF G TSFR1M+446.448 07/15/2038 144A 69356GAS8 100000.00000000 PA USD 53337.35000000 0.010752903420 Long ABS-MBS CORP US N 3 2038-07-15 Variable 0.08784480 N N N N N N PKHL COML MTG TR 2021-MF N/A PKHL COMML MTG 2021-MF E TSFR1M+271.448 07/15/2038 144A 69356GAN9 100000.00000000 PA USD 70094.26000000 0.014131125901 Long ABS-MBS CORP US N 2 2038-07-15 Variable 0.07034480 N N N N N N HOME PARTNERS AMER 2021-1 TR N/A HOME PARTNERS AMER 2021-1 TR 3.325% 09/17/2041 144A 437300AL0 83396.42000000 PA USD 70497.09000000 0.014212337137 Long ABS-CBDO CORP US N 2 2041-09-17 Fixed 0.03325000 N N N N N N MHP COML MTG TR 2021-STOR N/A MERIT 2021-STOR G TSFR1M+286.448 07/15/2038 144A 55293BAP0 105000.00000000 PA USD 103950.00000000 0.020956502536 Long ABS-MBS CORP US N 2 2038-07-15 Variable 0.07184480 N N N N N N SUNSTONE HOTEL INVS INC NEW 529900ZQ2V52V96ATF67 SUNSTONE HOTEL INVS INC SER I 5.7% PERP PFD 867892887 9600.00000000 NS USD 178944.00000000 0.036075424626 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 07/15/2031 91282CCM1 3476000.00000000 PA USD 3783737.09000000 0.762808041594 Long DBT UST US N 2 2031-07-15 Fixed 0.00125000 N N N N N N PEBBLEBROOK HOTEL TRUST 5493004Q1NNH6JXCSI52 PEBBLEBROOK HOTEL TR SER H 5.7% PERP PFD 70509V886 10600.00000000 NS USD 172780.00000000 0.034832751402 Long EP CORP US N 1 N N N MHC COML MTG TR 2021-MHC N/A MHC COML MTG TR 2021-MHC TSFR1M+271.544 096 04/15/2038 144A 55316VAL8 80000.00000000 PA USD 79800.00000000 0.016087820128 Long ABS-MBS CORP US N 2 2038-04-15 Variable 0.07034442 N N N N N N KNDR 2021-KIND F N/A KNDR 2021-KIND F TSFR1M+406.448 08/15/2026 144A 482606AS9 99185.48000000 PA USD 96292.56000000 0.019412749185 Long ABS-MBS CORP US N 2 2038-08-15 Variable 0.08384480 N N N N N N BANK 2021-BN35 N/A BANK 2021-BN35 2.285% 06/15/2064 06540CBF3 134000.00000000 PA USD 114514.28000000 0.023086279935 Long ABS-MBS CORP US N 2 2064-06-15 Fixed 0.02285000 N N N N N N INVITATION HOMES OPERATING PARTNERSHIP LP 549300147YMUQB3GW319 INVITATION HOMES OPERATING PARTNERSHIP LP 2% 08/15/2031 46188BAA0 750000.00000000 PA USD 627590.88000000 0.126523423458 Long DBT CORP US N 2 2031-08-15 Fixed 0.02000000 N N N N N N SUMMIT HOTEL PROPERTIES INC 254900OBQWJK6X20LS71 SUMMIT HOTEL PPTYS INC SER F 5.875% PERP PFD 866082704 4000.00000000 NS USD 76700.00000000 0.015462854685 Long EP CORP US N 1 N N N PENNYMAC MORTGAGE INVESTMENT TRUST 549300BSSOQO1ZWDUJ97 PENNYMAC MTG INVT TR 6.75% PERP PFD 70931T509 1300.00000000 NS USD 25415.00000000 0.005123708628 Long EP CORP US N 1 N N N PRIMA CAPITAL CRE SECURITIZATION 2020-VIII LTD N/A PRIMA CAPITAL CRE SECURITIZATION 2020-VIII LTD 3% 12/26/2070 144A 74167UAE7 350000.00000000 PA USD 286510.00000000 0.057760919112 Long ABS-MBS CORP US N 2 2070-12-26 Fixed 0.03000000 N N N N N N BAMLL COML MTG SECS TR 2021-JACX N/A BAMLL COML MTG SECS TR 2021-JACX E TSFR1M+386.448 09/15/2038 144A 05493LAN6 106000.00000000 PA USD 90188.74000000 0.018182208355 Long ABS-MBS CORP US N 2 2038-09-15 Variable 0.08184480 N N N N N N NORTHAM PLATINUM HOLDINGS LTD 3789009D0712C7101695 NORTHAM PLATINUM HOLDINGS LTD N/A 248070.00000000 NS 1771329.39000000 0.357103115482 Long EC CORP ZA N 1 N N N AGREE REALTY CORP N/A AGREE REALTY CORP 4.375% PERP PFD 008492209 1500.00000000 NS USD 25740.00000000 0.005189229199 Long EP CORP US N 1 N N N EXTRA SPACE STORAGE LP 549300YNKSKNZFR8UC42 EXTRA SPACE STORAGE LP 2.35% 03/15/2032 30225VAG2 500000.00000000 PA USD 418185.20000000 0.084306870654 Long DBT CORP US N 2 2032-03-15 Fixed 0.02350000 N N N N N N RITHM CAPITAL CORP 549300WNTHGEO5LP2G31 RITHM CAPITAL CORP SER D 7%/VAR PFD PERP 64828T706 2700.00000000 NS USD 65205.00000000 0.013145442500 Long EP CORP US N 1 N N N BX 2021-VOLT N/A BX 2021-VOLT G TSFR1M+296.448 09/15/2023 144A 05609VAS4 105000.00000000 PA USD 103484.34000000 0.020862624662 Long ABS-MBS CORP US N 2 2036-09-15 Variable 0.07283660 N N N N N N BX 2021-VOLT N/A BX 2021-VOLT F TSFR1M+251.448 09/15/2036 144A 05609VAQ8 100000.00000000 PA USD 98500.00000000 0.019857772966 Long ABS-MBS CORP US N 2 2036-09-15 Variable 0.06833660 N N N N N N SABRA HEALTH CARE LP 549300OVKLRFSIQG0H81 SABRA HEALTH CARE LP 3.2% 12/01/2031 78574MAA1 250000.00000000 PA USD 217109.33000000 0.043769622172 Long DBT CORP US N 2 2031-12-01 Fixed 0.03200000 N N N N N N OPG TR 2021-PORT N/A OPG TR 2021-PORT G TSFR1M+251.248 10/15/2036 144A 67118AAS4 202799.99910000 PA USD 201532.50000000 0.040629305891 Long ABS-MBS CORP US N 2 2036-10-15 Variable 0.06832480 N N N N N N OPG TR 2021-PORT N/A OPG TR 2021-PORT TSFR1M+346.048 6 10/15/2036 144A 67118AAU9 60450.00600000 PA USD 60073.32000000 0.012110886800 Long ABS-MBS CORP US N 2 2036-10-15 Variable 0.07780480 N N N N N N UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC N/A UNITI GRP/UNITI HLD/CSL 6% 01/15/2030 144A 91327AAB8 105000.00000000 PA USD 90861.77000000 0.018317892385 Long DBT CORP US N 2 2030-01-15 Fixed 0.06000000 N N N N N N NATIONAL HEALTHCARE PROPERTIES INC 549300Z2NSUGF5NF2Y30 HEALTHCARE TRUST INC 7.125% PERP PFD 42226B303 2000.00000000 NS USD 28220.00000000 0.005689201554 Long EP CORP US N 1 N N N ARBOR REALTY TRUST INC 549300ASFUWYQO0RW077 ARBOR REALTY TRUST INC SER F 6.25%/VAR PFD PERP 038923850 13000.00000000 NS USD 272350.00000000 0.054906238247 Long EP CORP US N 1 N N N EPR PROPERTIES 549300YSSXFHMPOWZ492 EPR PPTYS 3.6% 11/15/2031 26884UAG4 250000.00000000 PA USD 223085.84000000 0.044974497083 Long DBT CORP US N 2 2031-11-15 Fixed 0.03600000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 10/15/2026 91282CDC2 1925000.00000000 PA USD 2219972.19000000 0.447550291780 Long DBT UST US N 2 2026-10-15 Fixed 0.00125000 N N N N N N BX COMMERCIAL MORTGAGE TRUST 2021-PAC N/A BX COMMERCIAL MORTGAGE TRUST 2021-PAC G TSFR1M+306.058 21 10/15/2036 144A 05609PAS7 198000.00000000 PA USD 193050.00000000 0.038919218996 Long ABS-MBS CORP US N 2 2036-10-15 Variable 0.07379580 N N N N N N SREIT TR 2021-IND N/A SREIT TR 2021-IND G TSFR1M+338.026 21 10/15/2038 144A 78473JAS1 198000.00000000 PA USD 192503.70000000 0.038809083956 Long ABS-MBS CORP US N 2 2038-10-15 Variable 0.07699255 N N N N N N ALGOMA STEEL GROUP INC 549300Q5EU337A1XCX27 ALGOMA STEEL GROUP INC 015658107 174900.00000000 NS USD 947958.00000000 0.191109997416 Long EC CORP CA N 1 N N HOME PARTNERS AMER 2021-2 TR N/A HOME PARTNERS AMER 2021-2 TR 4.505% 12/17/2026 144A 43732VAN6 181455.88000000 PA USD 174453.28000000 0.035170087588 Long ABS-CBDO CORP US N 2 2026-12-17 Fixed 0.04505000 N N N N N N ELP COMMERCIAL MORTGAGE TRUST 2021-ELP N/A ELP COMMERCIAL MORTGAGE TRUST 2021-ELP TSFR1M+372.938 49 11/15/2036 144A 26863LAS3 209755.85000000 PA USD 207177.70000000 0.041767388124 Long ABS-MBS CORP US N 2 2038-11-15 Variable 0.08049380 N N N N N N HUDSON PACIFIC PROPERTIES INC N/A HUDSON PACIFIC PROPERTIES INC 4.75% PFD PERP C 444097307 18100.00000000 NS USD 239101.00000000 0.048203181461 Long EP CORP US N 1 N N N STWD TR 2021-LIH N/A STWD TR 2021-LIH TSFR1M+424.7 11/15/2036 144A 78486EAU2 42000.00000000 PA USD 41114.87000000 0.008288829989 Long ABS-MBS CORP US N 2 2036-11-15 Variable 0.08634000 N N N N N N STWD TR 2021-LIH N/A STWD TR 2021-LIH TSFR1M+359.8 1 11/15/2036 144A 78486EAS7 100000.00000000 PA USD 98109.77000000 0.019779101912 Long ABS-MBS CORP US N 2 2036-11-15 Variable 0.07985000 N N N N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 PUBLIC STORAGE 4% PFD PERP 74460W420 2300.00000000 NS USD 37398.00000000 0.007539502470 Long EP CORP US N 1 N N N SREIT TR 2021-MFP N/A SREIT TR 2021-MFP G TSFR1M+308.828 38 11/15/2038 144A 78472UAN8 110968.82000000 PA USD 109282.94000000 0.022031632605 Long ABS-MBS CORP US N 2 2038-11-15 Variable 0.07407460 N N N N N N SREIT TR 2021-MFP2 N/A SREIT TR 2021-MFP2 TSFR1M+402.998 55 11/15/2036 144A 85236WCU8 128000.00000000 PA USD 126049.70000000 0.025411840863 Long ABS-MBS CORP US N 2 2036-11-15 Variable 0.08348980 N N N N N N BX COML MTG TR 2021-CIP N/A BX COML MTG TR 2021-CIP F TSFR1M+333.348 73 11/15/2036 144A 12434FAN7 192389.18000000 PA USD 191186.75000000 0.038543584524 Long ABS-MBS CORP US N 2 2038-12-15 Variable 0.07652480 N N N N N N GLP CAP LP / GLP FING II INC N/A GLP CAP LP / GLP FING II INC 3.25% 01/15/2032 361841AR0 250000.00000000 PA USD 216389.33000000 0.043624468908 Long DBT CORP US N 2 2032-01-15 Fixed 0.03250000 N N N N N N BANK 2021-BNK38 N/A BANK 2021-BNK38 3.21677%/VAR 12/15/2064 06540EBC6 554000.00000000 PA USD 443572.29000000 0.089424952577 Long ABS-MBS CORP US N 2 2064-12-15 Variable 0.03217881 N N N N N N MHP 2022-MHIL F N/A MHP 2022-MHIL F TSFR1M+325.92 01/15/2027 144A 55293DAL5 91161.39000000 PA USD 90363.73000000 0.018217486646 Long ABS-MBS CORP US N 2 2039-01-15 Variable 0.07578380 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 01/15/2032 91282CDX6 3630000.00000000 PA USD 3765782.78000000 0.759188421170 Long DBT UST US N 2 2032-01-15 Fixed 0.00125000 N N N N N N SBA COMMUNICATIONS CORP 5299001HX8ZN8Y8QIT49 SBA COMMUNICATIONS CORP 3.125% 02/01/2029 78410GAG9 500000.00000000 PA USD 456328.90000000 0.091996707554 Long DBT CORP US N 2 2029-02-01 Fixed 0.03125000 N N N N N N CONSTELLATION ENERGY CORP N/A CONSTELLATION ENERGY CORP 21037T109 442.00000000 NS USD 89120.46000000 0.017966841231 Long EC CORP US N 1 N N N BX TR 2022-VAMF N/A BX TR 2022-VAMF TSFR1M+329.9 01/15/2039 144A 05609TAL4 157000.00000000 PA USD 154261.01000000 0.031099290498 Long ABS-MBS CORP US N 2 2039-01-15 Variable 0.07618180 N N N N N N BX TR 2022-LBA6 N/A BX TR 2022-LBA6 TSFR1M+420 01/15/2039 144A 12433EAS0 100000.00000000 PA USD 98093.33000000 0.019775787580 Long ABS-MBS CORP US N 2 2039-01-15 Variable 0.08519180 N N N N N N BX TR 2022-LBA6 N/A BX TR 2022-LBA6 TSFR1M+335 01/15/2039 144A 12433EAQ4 100000.00000000 PA USD 98000.00000000 0.019756972088 Long ABS-MBS CORP US N 2 2039-01-15 Variable 0.07669180 N N N N N N SHELL PLC 21380068P1DRHMJ8KU70 SHELL PLC N/A 115906.00000000 NS 4219016.46000000 0.850561126938 Long EC CORP GB N 2 N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 0.125% 02/15/2052 912810TE8 2240000.00000000 PA USD 1449186.56000000 0.292158555270 Long DBT UST US N 2 2052-02-15 Fixed 0.00125000 N N N N N N BMO 2022-C1 MORTGAGE TRUST N/A BMO 2022-C1 MORTGAGE TRUST CSTR 02/15/2042 144A 05609MDC6 84000.00000000 PA USD 61639.65000000 0.012426661679 Long ABS-MBS CORP US N 2 2055-02-17 Variable 0.03938660 N N N N N N BMO 2022-C1 MORTGAGE TRUST N/A BMO 2022-C1 MORTGAGE TRUST 2022-C1 360E CSTR 02/15/2042 144A 05609MDE2 105000.00000000 PA USD 74020.78000000 0.014922719228 Long ABS-MBS CORP US N 3 2055-02-17 Variable 0.03938660 N N N N N N JPMCC 2021-MHC N/A JPMCC 2021-MHC F TSFR1M+306.448 04/15/2038 144A 466330AQ0 210000.00000000 PA USD 209212.50000000 0.042177607377 Long ABS-MBS CORP US N 2 2038-04-15 Variable 0.07634480 N N N N N N ELP COMMERCIAL MORTGAGE TRUST 2021-ELP N/A ELP COMMERCIAL MORTGAGE TRUST 2021-ELP TSFR1M+278.148 7 11/15/2038 144A 26863LAN4 478443.10000000 PA USD 475901.37000000 0.095942551875 Long ABS-MBS CORP US N 2 2038-11-15 Variable 0.07101480 N N N N N N SREIT TRUST N/A SREIT TRUST TSFR1M+273.268 61820 11/15/2036 144A 85236WCQ7 100000.00000000 PA USD 99000.00000000 0.019958573844 Long ABS-MBS CORP US N 2 2036-11-15 Variable 0.07051680 N N N N N N PROGRESS RESIDENTIAL 2022-SFR2 TR N/A PROGRESS RESIDENTIAL 2022-SFR2 TR 4.8% 04/17/2027 144A 74332VAL9 100000.00000000 PA USD 96663.68000000 0.019487567629 Long ABS-CBDO CORP US N 2 2027-04-17 Fixed 0.04800000 N N N N N N TRICON RESIDENTIAL 2022S-FR1 TR N/A TRICON RESIDENTIAL 2022S-FR1 TR 5.344% 04/17/2039 144A 89616QAE1 238000.00000000 PA USD 234903.50000000 0.047356958091 Long ABS-CBDO CORP US N 2 2039-04-17 Fixed 0.05344000 N N N N N N TRICON RESIDENTIAL 2022S-FR1 TR N/A TRICON RESIDENTIAL 2022S-FR1 TR 5.739% 04/17/2039 144A 89616QAF8 295000.00000000 PA USD 292245.56000000 0.058917218079 Long ABS-CBDO CORP US N 2 2039-04-17 Fixed 0.05739000 N N N N N N BBCMS 2022 N/A BBCMS 2022 3.662% 04/15/2055 05552FBA4 178000.00000000 PA USD 162655.83000000 0.032791700951 Long ABS-MBS CORP US N 2 2055-04-15 Fixed 0.03662000 N N N N N N INVITATION HOMES OPERATING PARTNERSHIP LP 549300147YMUQB3GW319 INVITATION HOMES OPERATING PARTNERSHIP LP 4.15% 04/15/2032 46188BAD4 1000000.00000000 PA USD 933031.52000000 0.188100792837 Long DBT CORP US N 2 2032-04-15 Fixed 0.04150000 N N N N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 AMERICAN TOWER CORP 4.05% 03/15/2032 03027XBW9 750000.00000000 PA USD 707878.29000000 0.142709506299 Long DBT CORP US N 2 2032-03-15 Fixed 0.04050000 N N N N N N AMERICAN HOMES 4 RENT LP 549300N4PXZ37U8QKI55 AMERICAN HOMES 4 RENT LP 3.625% 04/15/2032 02666TAE7 1000000.00000000 PA USD 907917.94000000 0.183037851009 Long DBT CORP US N 2 2032-04-15 Fixed 0.03625000 N N N N N N EQUINIX INC 549300EVUN2BTLJ3GT74 EQUINIX INC 3.9% 04/15/2032 29444UBU9 250000.00000000 PA USD 233082.27000000 0.046989794924 Long DBT CORP US N 2 2032-04-15 Fixed 0.03900000 N N N N N N WFCM 2022 N/A WFCM 2022-C62 4.35% 04/15/2055 144A 95003MBX5 500000.00000000 PA USD 418922.80000000 0.084455572109 Long ABS-MBS CORP US N 2 2055-04-15 Variable 0.04351697 N N N N N N STARWOOD MORTGAGE RESIDENTIAL TRUST 2021-4 N/A STARWOOD MORTGAGE RESIDENTIAL TRUST 2021-4 TSFR1M+450 05/17/2024 144A 78474PAN7 500000.00000000 PA USD 494733.55000000 0.099739152433 Long ABS-CBDO CORP US N 2 2039-05-17 Variable 0.08819180 N N N N N N SUN CMNTYS OPER LTD PRTNRSHP 549300PUNBPJCGT6X741 SUN CMNTYS OPER LTD PRTNRSHP 4.2% 04/15/2032 866677AH0 4000.00000000 PA USD 3753.95000000 0.000756802911 Long DBT CORP US N 2 2032-04-15 Fixed 0.04200000 N N N N N N PROGRESS RESIDENTIAL 2022-SFR3 TR N/A PROGRESS RESIDENTIAL 2022-SFR3 TR 6.6% 04/17/2039 144A 74331UAN8 250000.00000000 PA USD 248430.93000000 0.050084111733 Long ABS-CBDO CORP US N 2 2039-04-17 Fixed 0.06600000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.125% 04/15/2027 91282CEJ6 4090000.00000000 PA USD 4517340.08000000 0.910703692587 Long DBT UST US N 2 2027-04-15 Fixed 0.00125000 N N N N N N VICI PROPERTIES LP 254900X4QE7SGKQLLN38 VICI PROPERTIES LP 5.125% 05/15/2032 925650AD5 1250000.00000000 PA USD 1223417.25000000 0.246643065923 Long DBT CORP US N 2 2032-05-15 Fixed 0.05125000 N N N N N N PROGRESS RESIDENTIAL 2022-SFR4 TR N/A PROGRESS RESIDENTIAL 2022-SFR4 TR 6.121% 05/17/2041 144A 74332XAJ0 221000.00000000 PA USD 223530.21000000 0.045064082855 Long ABS-CBDO CORP US N 2 2041-05-17 Fixed 0.06121000 N N N N N N WFCM 2022 N/A WFCM 2022 2.5% 04/15/2055 144A 95003MBD9 294000.00000000 PA USD 194955.57000000 0.039303385254 Long ABS-MBS CORP US N 2 2055-04-15 Fixed 0.02500000 N N N N N N BANK 2022-BNK41 N/A BANK 2022-BNK41 CSTR 04/15/2065 06540MCA1 567000.00000000 PA USD 451439.62000000 0.091011020120 Long ABS-MBS CORP US N 2 2065-04-15 Variable 0.03789896 N N N N N N BANK 2022-BNK42 N/A BANK 2022-BNK42 C CSTR 06/15/2055 06541MCF9 500000.00000000 PA USD 448591.60000000 0.090436854287 Long ABS-MBS CORP US N 2 2055-06-15 Variable 0.04722838 N N N N N N BANK 2022-BNK42 N/A BANK 2017-BNK4 2.5% 06/15/2055 144A 06541MAL8 180000.00000000 PA USD 130680.88000000 0.026345494883 Long ABS-MBS CORP US N 2 2055-06-15 Fixed 0.02500000 N N N N N N BANK 2022-BNK42 N/A BANK 2022-BNK42 E 2.5% 06/15/2055 144A 06541MAN4 141000.00000000 PA USD 96231.41000000 0.019400421238 Long ABS-MBS CORP US N 2 2055-06-15 Fixed 0.02500000 N N N N N N BBCMS MTG TR 2022-C16 N/A BBCMS MTG TR 2022-C16 CSTR 06/15/2055 05552YAL0 750000.00000000 PA USD 621041.03000000 0.125202962197 Long ABS-MBS CORP US N 2 2055-06-15 Variable 0.04600000 N N N N N N PROGRESS RESIDENTIAL 2022-SFR5 N/A PROGRESS RESIDENTIAL 2022-SFR5 6.863% 06/17/2039 144A 74332YAL3 336000.00000000 PA USD 338864.23000000 0.068315623814 Long ABS-CBDO CORP US N 2 2039-06-17 Fixed 0.06863000 N N N N N N PROGRESS RESIDENTIAL 2022-SFR5 N/A PROGRESS RESIDENTIAL 2022-SFR2 TR 6.618% 06/17/2039 144A 74332YAJ8 201000.00000000 PA USD 203322.82000000 0.040990237547 Long ABS-CBDO CORP US N 2 2039-06-17 Fixed 0.06618000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 0.625% 07/15/2032 91282CEZ0 3740000.00000000 PA USD 3818098.21000000 0.769735303724 Long DBT UST US N 2 2032-07-15 Fixed 0.00625000 N N N N N N MHP COML MTG TR 2021-STOR N/A MHP 2021-STOR J TSFR1M+406.448 07/15/2038 144A 55293BAR6 100000.00000000 PA USD 98757.40000000 0.019909665258 Long ABS-MBS CORP US N 2 2038-07-15 Variable 0.08384480 N N N N N N SREIT TR 2021-PALM N/A SREIT TR 2021-PALM TSFR1M+373.058 61 10/15/2034 144A 85237AAN3 164000.00000000 PA USD 161925.66000000 0.032644497397 Long ABS-MBS CORP US N 2 2034-10-15 Variable 0.08049580 N N N N N N NEW RESIDENTIAL MORTGAGE LOAN TRUST 2022-SFR2 N/A NEW RESIDENTIAL MORTGAGE LOAN TRUST 2022-SFR2 4% 09/04/2039 144A 64830RAJ1 100000.00000000 PA USD 94886.23000000 0.019129230588 Long ABS-CBDO CORP US N 2 2039-09-04 Fixed 0.04000000 N N N N N N BENCHMARK 2022-B36 MTG TR N/A BENCHMARK 2022-B36 MTG TR 2.5% 07/15/2055 144A 08163QAN8 250000.00000000 PA USD 170696.65000000 0.034412744383 Long ABS-MBS CORP US N 2 2055-07-15 Fixed 0.02500000 N N N N N N BENCHMARK 2022-B36 MTG TR N/A BENCHMARK 2022-B36 MTG TR 4.4699% 07/15/2055 08163QBH0 100000.00000000 PA USD 96110.60000000 0.019376065730 Long ABS-MBS CORP US N 2 2055-07-15 Fixed 0.04469900 N N N N N N BBCMS MTG TR 2022-C17 N/A BBCMS MTG TR 2022-C17 D 2.5% 09/15/2055 144A 054976AR6 163000.00000000 PA USD 116857.72000000 0.023558721554 Long ABS-MBS CORP US N 2 2055-09-15 Fixed 0.02500000 N N N N N N PRIMA CAP LTD 2021-9A N/A PRIMA CAP LTD 2021-9A C TSFR1M+246.448 12/15/2037 144A 74167FAA8 112697.07000000 PA USD 112752.10000000 0.022731021352 Long ABS-MBS CORP US N 2 2037-12-15 Variable 0.06781260 N N N N N N AGNC INVESTMENT CORP 5TRACI5HRMELWV32OF39 AGNC INVESTMENT CORP SER G 7.75%/VAR PFD PERP 00123Q856 16000.00000000 NS USD 415600.00000000 0.083785689794 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 1.625% 10/15/2027 91282CFR7 2150000.00000000 PA USD 2343460.91000000 0.472445834578 Long DBT UST US N 2 2027-10-15 Fixed 0.01625000 N N N N N N BANK 2022-BNK44 N/A BANK 2022-BNK44 5.746245% 11/15/2055 06540KAJ8 100000.00000000 PA USD 104147.30000000 0.020996278562 Long ABS-MBS CORP US N 2 2055-11-15 Variable 0.05744242 N N N N N N SUN CMNTYS OPER LTD PRTNRSHP 549300PUNBPJCGT6X741 SUN CMNTYS OPER LTD PRTNRSHP 5.7% 01/15/2033 866677AJ6 250000.00000000 PA USD 254979.68000000 0.051404351232 Long DBT CORP US N 2 2033-01-15 Fixed 0.05700000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 1.125% 01/15/2033 91282CGK1 4120000.00000000 PA USD 4210190.38000000 0.848781773711 Long DBT UST US N 2 2033-01-15 Fixed 0.01125000 N N N N N N UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC N/A UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 10.5% 02/15/2028 144A 91327TAA9 225000.00000000 PA USD 239015.70000000 0.048185984832 Long DBT CORP US N 2 2028-02-15 Fixed 0.10500000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 1.5% 02/15/2053 912810TP3 1500000.00000000 PA USD 1334869.70000000 0.269112075554 Long DBT UST US N 2 2053-02-15 Fixed 0.01500000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 1.25% 04/15/2028 91282CGW5 2120000.00000000 PA USD 2245907.16000000 0.452778827273 Long DBT UST US N 2 2028-04-15 Fixed 0.01250000 N N N N N N KODIAK GAS SERVICES INC N/A KODIAK GAS SERVICES INC 50012A108 60731.00000000 NS USD 2265266.30000000 0.456681663892 Long EC CORP US N 1 N N N CITIGROUP COMMERCIAL MORTGAGE TRUST 2023-SMRT N/A CITIGROUP COMMERCIAL MORTGAGE TRUST 2023-SMRT C 6.43808% 06/10/2028 144A 17291NAE1 250000.00000000 PA USD 249944.25000000 0.050389199702 Long ABS-MBS CORP US N 2 2040-10-12 Variable 0.05852422 N N N N N N MSWF COML MTG TR 2023-1 N/A MSWF COML MTG TR 2023-1 6.90553% 05/15/2056 55376CAW3 250000.00000000 PA USD 262150.48000000 0.052849997104 Long ABS-MBS CORP US N 2 2056-05-15 Variable 0.06682867 N N N N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 AMERICAN TOWER CORP 5.55% 07/15/2033 03027XCD0 250000.00000000 PA USD 255503.63000000 0.051509980472 Long DBT CORP US N 2 2033-07-15 Fixed 0.05550000 N N N N N N BMO 2023-C5 MTG TR N/A BMO 2023-C5 B MTG TR CSTR 06/15/2056 055988AJ8 250000.00000000 PA USD 264954.93000000 0.053415379149 Long ABS-MBS CORP US N 2 2056-06-15 Variable 0.06474782 N N N N N N DOF GROUP ASA 213800GIV9N2A714T434 DOF GROUP ASA N/A 82100.00000000 NS 723789.77000000 0.145917288608 Long EC CORP NO N 1 N N N FERROVIAL SE 72450022R2ZFL41Y6I04 FERROVIAL SE N/A 1505.00000000 NS 67014.54000000 0.013510248941 Long EC CORP NL N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 1.375% 07/15/2033 91282CHP9 4160000.00000000 PA USD 4245270.96000000 0.855854080241 Long DBT UST US N 2 2033-07-15 Fixed 0.01375000 N N N N N N PUBLIC STORAGE 549300LMZF40TKJ6DM64 PUBLIC STORAGE 5.1% 08/01/2033 74460WAG2 500000.00000000 PA USD 503923.15000000 0.101591791930 Long DBT CORP US N 2 2033-08-01 Fixed 0.05100000 N N N N N N REGENCY CENTERS CORP(REIT) 529900053A7X7FJ97S58 REGENCY CENTERS CORP REIT SER A 6.25% PFD PERP 758849889 4500.00000000 NS USD 105351.75000000 0.021239097797 Long EP CORP US N 1 N N N REGENCY CENTERS CORP(REIT) 529900053A7X7FJ97S58 REGENCY CENTERS CORP(REIT) 5.875% PERP PFD 758849871 2000.00000000 NS USD 43720.00000000 0.008814028772 Long EP CORP US N 1 N N N GLOBAL NET LEASE INC 549300NUYANCT5SU8Z65 GLOBAL NET LEASE INC 7.5% PFD PERP 379378508 16700.00000000 NS USD 391281.00000000 0.078882936690 Long EP CORP US N 1 N N N GLOBAL NET LEASE INC 549300NUYANCT5SU8Z65 GLOBAL NET LEASE INC 7.375% PFD PERP E 379378607 10000.00000000 NS USD 227691.00000000 0.045902905425 Long EP CORP US N 1 N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 2.375% 10/15/2028 91282CJH5 3750000.00000000 PA USD 4052072.98000000 0.816905028217 Long DBT UST US N 2 2028-10-15 Fixed 0.02375000 N N N N N N MACH NATURAL RESOURCES LP 254900WRTD4RTPK11Q27 MACH NATURAL RESOURCES LP 55445L100 26450.00000000 NS USD 411297.50000000 0.082918298239 Long EC CORP US N 1 N N N BUNGE GLOBAL SA 254900IVXSV9K0B7PO26 BUNGE GLOBAL SA N/A 20600.00000000 NS USD 1574252.00000000 0.317371967589 Long EC CORP CH N 1 N N N OPEN TR 2023-AIR N/A OPEN TR 2023-AIR TSFR1M+668.387 10/15/2028 144A 68373BAG6 200000.00000000 PA USD 200499.02000000 0.040420954508 Long ABS-MBS CORP US N 2 2040-11-15 Variable 0.11002926 N N N N N N EG GLOBAL FINANCE PLC 549300TL8Q5207VYET27 EG GLOBAL FINANCE PLC 12% 11/30/2028 144A 28228PAC5 250000.00000000 PA USD 276813.00000000 0.055805986884 Long DBT CORP GB N 2 2028-11-30 Fixed 0.12000000 N N N N N N REALTY INCOME CORP 549300CUWDAUZSH43859 REALTY INCOME CORP 5.125% 02/15/2034 756109CG7 250000.00000000 PA USD 248059.03000000 0.050009136040 Long DBT CORP US N 2 2034-02-15 Fixed 0.05125000 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 1.75% 01/15/2034 91282CJY8 4290000.00000000 PA USD 4426533.08000000 0.892396841929 Long DBT UST US N 2 2034-01-15 Fixed 0.01750000 N N N N N N PROLOGIS LP GL16H1DHB0QSHP25F723 PROLOGIS LP 5% 03/15/2034 74340XCJ8 250000.00000000 PA USD 248582.68000000 0.050114704799 Long DBT CORP US N 2 2034-03-15 Fixed 0.05000000 N N N N N N REALTY INCOME CORP 549300CUWDAUZSH43859 REALTY INCOME CORP 4% 07/15/2029 756109CB8 250000.00000000 PA USD 243322.83000000 0.049054309803 Long DBT CORP US N 2 2029-07-15 Fixed 0.04000000 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 2.125% 02/15/2054 912810TY4 1110000.00000000 PA USD 1103180.23000000 0.222403071554 Long DBT UST US N 2 2054-02-15 Fixed 0.02125000 N N N N N N SAFEHOLD GL HOLDINGS LLC 54930012UY5Z4Q8NL108 SAFEHOLD GL HOLDINGS LLC 6.1% 04/01/2034 785931AA4 500000.00000000 PA USD 514604.29000000 0.103745128510 Long DBT CORP US N 2 2034-04-01 Fixed 0.06100000 N N N N N N GE VERNOVA INC 254900DP080RU6OK2553 GE VERNOVA INC 36828A101 374.00000000 NS USD 114174.72000000 0.023017824043 Long EC CORP US N 1 N N N CENTURI HOLDINGS INC N/A CENTURI HOLDINGS INC 155923105 7020.00000000 NS USD 115057.80000000 0.023195854521 Long EC CORP US N 1 N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 2.125% 04/15/2029 91282CKL4 4175000.00000000 PA USD 4415051.67000000 0.890082169512 Long DBT UST US N 2 2029-04-15 Fixed 0.02125000 N N N N N N PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER N/A PARK INTERMEDIATE HOLDINGS LLC / PK DOMESTIC PROPERTY LLC / PK FINANCE CO-ISSUER 7% 02/01/2030 144A 70052LAD5 40000.00000000 PA USD 40295.36000000 0.008123615334 Long DBT CORP US N 2 2030-02-01 Fixed 0.07000000 N N N N N N AGREE LP 549300DXY3G299V1BO77 AGREE LP 5.625% 06/15/2034 008513AE3 3000.00000000 PA USD 3035.75000000 0.000612012530 Long DBT CORP US N 2 2034-06-15 Fixed 0.05625000 N N N N N N Phillips Edison Grocery Center Operating Partnership I LP 549300WUPIVS6ZE0ZI51 Phillips Edison Grocery Center Operating Partnership I LP 5.75% 07/15/2034 71845JAB4 500000.00000000 PA USD 504045.70000000 0.101616498225 Long DBT CORP US N 2 2034-07-15 Fixed 0.05750000 N N N N N N BX 2024 VLT4 N/A BX 2024 VLT4 E TSFR1M+288.94 07/15/2029 144A 05612TAJ4 200000.00000000 PA USD 196998.88000000 0.039715320138 Long ABS-MBS CORP US N 2 2029-07-15 Variable 0.07208584 N N N N N N BX 2024 VLT4 N/A BX 2024 VLT4 F TSFR1M+393.788 07/15/2029 144A 05612TAL9 500000.00000000 PA USD 491246.55000000 0.099036167110 Long ABS-MBS CORP US N 2 2029-07-15 Variable 0.08257057 N N N N N N HYATT HOTELS CORP T27JQIMTYSH41TCD5186 HYATT HOTELS CORP 5.5% 06/30/2034 448579AS1 100000.00000000 PA USD 98156.80000000 0.019788583243 Long DBT CORP US N 2 2034-06-30 Fixed 0.05500000 N N N N N N SMURFIT WESTROCK PLC 635400EGSEOPDW2EXS14 SMURFIT WESTROCK PLC N/A 17080.00000000 NS 763382.92000000 0.153899337174 Long EC CORP IE N 1 N N N CONE TR 2024-DFW1 N/A CONE TR 2024-DFW1 E TSFR1M+388.79 08/15/2026 144A 20682AAN0 200000.00000000 PA USD 199151.16000000 0.040149223565 Long ABS-MBS CORP US N 2 2041-08-15 Variable 0.08207660 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 1.875% 07/15/2034 91282CLE9 4790000.00000000 PA USD 4895016.80000000 0.986843982540 Long DBT UST US N 2 2034-07-15 Fixed 0.01875000 N N N N N N EQT TR 2024-EXTR N/A EQT TR 2024-EXTR B 1ML+0 07/05/2041 144A 29439DAC5 200000.00000000 PA USD 200325.74000000 0.040386020956 Long ABS-MBS CORP US N 2 2041-07-05 Variable 0.05654600 N N N N N N GLP CAP LP / GLP FING II INC N/A GLP CAP LP / GLP FING II INC 5.625% 09/15/2034 361841AT6 100000.00000000 PA USD 98344.25000000 0.019826373492 Long DBT CORP US N 2 2034-09-15 Fixed 0.05625000 N N N N N N GLP CAP LP / GLP FING II INC N/A GLP CAP LP / GLP FING II INC 6.25% 09/15/2054 361841AU3 100000.00000000 PA USD 98277.20000000 0.019812856094 Long DBT CORP US N 2 2054-09-15 Fixed 0.06250000 N N N N N N GS MTG SECS CORP TR 2024-RVR N/A GS MTG SECS CORP TR 2024-RVR A VAR 08/10/2029 144A 36272JAA1 200000.00000000 PA USD 201122.72000000 0.040546693523 Long ABS-MBS CORP US N 2 2041-08-10 Variable 0.04851759 N N N N N N AMERICOLD REALTY OPERATING PARTNERSHIP LP 549300FKD9KVWNHSUU79 AMERICOLD REALTY OPERATING PARTNERSHIP LP 5.409% 09/12/2034 03063UAA9 150000.00000000 PA USD 146459.99000000 0.029526591168 Long DBT CORP US N 2 2034-09-12 Fixed 0.05409000 N N N N N N RETAINED VANTAGE DATA CTRS ISSUER LLC / VANTAGE DATA CTRS CDA QC4 LTD PARTNERSHIP N/A RETAINED VANTAGE DATA CTRS ISSUER LLC / VANTAGE DATA CTRS CDA QC4 LTD PARTNERSHIP 6% 09/15/2049 144A 76134KAJ3 121000.00000000 PA USD 118840.57000000 0.023958467596 Long ABS-CBDO CORP US N 2 2049-09-15 Fixed 0.05775000 N N N N N N J P MORGAN CHASE COML MTG SECS TR 2024-OMNI N/A J P MORGAN CHASE COML MTG SECS TR 2024-OMNI VAR 10/05/2039 144A 46593JAJ3 100000.00000000 PA USD 97156.63000000 0.019586947215 Long ABS-MBS CORP US N 2 2039-10-05 Variable 0.05797150 N N N N N N SOUTH BOW CORP 2549000XS5TAFA3YF943 SOUTH BOW CORP 83671M105 84818.00000000 NS 2166644.44000000 0.436799323736 Long EC CORP CA N 1 N N N SIMON PROPERTY GROUP LP MR92GTD0MJTTTTQDVG45 SIMON PROPERTY GROUP LP 4.75% 09/26/2034 828807DY0 500000.00000000 PA USD 479767.21000000 0.096721912008 Long DBT CORP US N 2 2034-09-26 Fixed 0.04750000 N N N N N N MORGAN STANLEY CAP I TR 2024-NSTB N/A MORGAN STANLEY CAP I TR 2024-NSTB VAR 09/20/2032 144A 61690BAG7 162000.00000000 PA USD 151730.53000000 0.030589141287 Long ABS-MBS CORP US N 2 2057-09-24 Variable 0.03900000 N N N N N N SHR TR 2024-LXRY N/A SHR TR 2024-LXRY D TSFR1M+350 10/15/2041 144A 784234AG1 112000.00000000 PA USD 111999.93000000 0.022579382560 Long ABS-MBS CORP US N 2 2041-10-15 Variable 0.07919180 N N N N N N NXPT COML MTG TR N/A NXPT COML MTG TR 6.92673% 11/05/2041 144A 67119YAJ1 224000.00000000 PA USD 225809.81000000 0.045523654218 Long ABS-MBS CORP US N 2 2041-11-05 Variable 0.06703290 N N N N N N ROCC 2024-CNTR E N/A ROCC 2024-CNTR E 8.81906% 11/13/2041 144A 74970WAJ9 158000.00000000 PA USD 166351.53000000 0.033536760561 Long ABS-MBS CORP US N 2 2041-11-13 Fixed 0.08819060 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 1.625% 10/15/2029 91282CLV1 2092000.00000000 PA USD 2142016.12000000 0.431834211177 Long DBT UST US N 2 2029-10-15 Fixed 0.01625000 N N N N N N BX COML MTG TR 2024-VLT5 N/A BX COML MTG TR 2024-VLT5 B CSTR 11/13/2046 144A 05614JAC9 100000.00000000 PA USD 98944.81000000 0.019947447443 Long ABS-MBS CORP US N 2 2046-11-13 Variable 0.05414724 N N N N N N BPR TR 2024-PMDW N/A BPR TR 2024-PMDW D VAR 11/05/2029 144A 05592VAJ3 56000.00000000 PA USD 54878.22000000 0.011063545518 Long ABS-MBS CORP US N 2 2041-11-05 Variable 0.05850000 N N N N N N BFLD COML MTG TR 2024-UNIV N/A BFLD COML MTG TR 2024-UNIV TSFR1M+269.09 11/15/2029 144A 08861RAG6 84000.00000000 PA USD 83895.00000000 0.016913379319 Long ABS-MBS CORP US N 2 2041-11-15 Variable 0.07010080 N N N N N N BPR COML MTG TR 2024-PK N/A BPR COML MTG TR 2024-PARK C VAR 11/05/2039 144A 05593UAG0 100000.00000000 PA USD 101449.99000000 0.020452496130 Long ABS-MBS CORP US N 2 2039-11-05 Variable 0.06389431 N N N N N N SELF COMMERCIAL MORTGAGE TRUST 2024-STRG N/A SELF COMMERCIAL MORTGAGE TRUST 2024-STRG TSFR1M+294.03 11/15/2034 144A 81631WAG1 100000.00000000 PA USD 99638.32000000 0.020087260277 Long ABS-MBS CORP US N 2 2034-11-15 Variable 0.07259480 N N N N N N SELF COMMERCIAL MORTGAGE TRUST 2024-STRG N/A SELF COMMERCIAL MORTGAGE TRUST 2024-STRG E TSFR1M+418.849 11/15/2034 144A 81631WAJ5 100000.00000000 PA USD 99640.86000000 0.020087772345 Long ABS-MBS CORP US N 2 2034-11-15 Variable 0.08507670 N N N N N N BX TRUST 2024-FNX N/A BX TRUST 2024-FNX TSFR1M+294.018 11/15/2026 144A 05593TAL2 57313.40000000 PA USD 57170.12000000 0.011525596582 Long ABS-MBS CORP US N 2 2041-11-15 Variable 0.07259360 N N N N N N BX TRUST 2024-FNX N/A BX TRUST 2024-FNX TSFR1M+393.874 11/15/2026 144A 05593TAN8 193550.17000000 PA USD 193053.23000000 0.038919870169 Long ABS-MBS CORP US N 2 2041-11-15 Variable 0.08257920 N N N N N N UST NOTES 254900HROIFWPRGM1V77 USTN TII 2.125% 01/15/2035 91282CML2 1680000.00000000 PA USD 1736045.75000000 0.349989871700 Long DBT UST US N 2 2035-01-15 Fixed 0.02125000 N N N N N N MPT OPER PARTNERSHIP LP / MPT FIN CORP N/A MPT OPER PARTNERSHIP LP/CORP 8.5% 02/15/2032 144A 55342UAQ7 75000.00000000 PA USD 76402.05000000 0.015402787442 Long DBT CORP US N 2 2032-02-15 Fixed 0.08500000 N N N N N N SWCH COML MTG TR 2025-DATA N/A SWCH COML MTG TR 2025-DATA F TSFR1M+418.9 03/15/2042 144A 78489CAF6 100000.00000000 PA USD 98373.34000000 0.019832238087 Long ABS-MBS CORP US N 2 2042-03-15 Variable 0.08546250 N N N N N N UNITED STATES TREASURY BOND 254900HROIFWPRGM1V77 USTN TII 2.375% 02/15/2055 912810UH9 746000.00000000 PA USD 760626.27000000 0.153343591693 Long DBT UST US N 2 2055-02-15 Fixed 0.02375000 N N N N N N BX COMMERCIAL MORTGAGE TRUST 2025-SPOT N/A BX TRUST 2025-SPOT E TSFR1M+344.054 04/15/2040 144A 12433FAJ7 250000.00000000 PA USD 249843.73000000 0.050368934694 Long ABS-MBS CORP US N 2 2040-04-15 Variable 0.07760540 N N N N N N AMERICOLD REALTY OPERATING PARTNERSHIP LP 549300FKD9KVWNHSUU79 AMERICOLD REALTY OPERATING PARTNERSHIP LP 5.6% 05/15/2032 03063UAB7 250000.00000000 PA USD 250941.28000000 0.050590202701 Long DBT CORP US N 2 2032-05-15 Fixed 0.05600000 N N N N N N 2025-04-30 Laura M. Del Prato Laura M. Del Prato Laura M. Del Prato President and Treasurer