NPORT-P false 0000810573 XXXXXXXX S000006265 C000017223 DEUTSCHE DWS VARIABLE SERIES II 811-05002 0000810573 7WRERVUOG2HKG87QIP75 875 Third Avenue NEW YORK 10022-6225 212-454-4500 DWS Global Income Builder VIP S000006265 5FZLOX5MTTGTXCTW6733 2026-12-31 2026-03-31 N 116649206.44 5076522.19 111572684.25 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 1677258.67000000 EUR MXN USD N 50% MSCI World Index in EUR, 13% BBG U.S. Corporate High Yield Index, 11% BBG EM USD Aggregate Index, 7% BBG U.S. Credit Index, 6% MSCI EM Index, 5% BBG Treasury Index, 4% BBG MBS Index, 2.5%BBG ABS Index, 1.5% BBG CMBS Investment Grade Index MSWBA_MIX AGNC Investment Corp 5TRACI5HRMELWV32OF39 00123Q500 14427.00000000 NS USD 363127.59000000 0.325462806995 Long EP US N 1 N N N AT&T INC 549300Z40J86GGSTL398 00206RLJ9 110000.00000000 PA USD 71539.85000000 0.064119502439 Long DBT CORP US N 2 2055-09-15 Fixed 3.55000000 N N N N N N ASE Technology Holding Co Ltd 300300GO8QHPMV87NZ73 00215W100 46100.00000000 NS USD 999448.00000000 0.895781979898 Long EC CORP TW N 1 N N N CONTRA ABIOMED INC N/A 003CVR016 200.00000000 NS USD 204.00000000 0.000182840451 Long CORP US N 3 N N N ACRISURE LLC / FIN INC N/A 004961AA6 358000.00000000 PA USD 344977.07000000 0.309194918378 Long DBT CORP US N 2 2032-07-01 Fixed 6.75000000 N N N N N N Adobe Inc FU4LY2G4933NH2E1CP29 00724F101 1167.00000000 NS USD 283674.36000000 0.254250726247 Long EC CORP US N 1 N N N AERCAP IRELAND CAP/GLOBA N/A 00774MBK0 200000.00000000 PA USD 204695.40000000 0.183463722662 Long DBT CORP IE N 2 2055-03-10 Fixed 6.95000000 N N N N N N AFRICAN DEVELOPMENT BANK 549300LNCLMO3ITVCU07 008281BK2 200000.00000000 PA USD 194791.74000000 0.174587302716 Long DBT NUSS XX N 2 N/A Fixed 5.87500000 N N N N N N Agnico Eagle Mines Ltd 254900BFJ2DOHPMEXN45 008474108 2300.00000000 NS 466861.48000000 0.418437078159 Long EC CORP CA N 1 N N N AIRCASTLE / IRELAND DAC N/A 00929JAA4 150000.00000000 PA USD 153587.74000000 0.137657116553 Long DBT CORP BM N 2 2031-10-01 Fixed 5.75000000 N N N N N N Alimentation Couche-Tard Inc 549300OSW32RVX8CCZ87 01626P148 2700.00000000 NS 153040.76000000 0.137166871110 Long EC CORP CA N 1 N N N Allegro CLO Ltd 2138003E5WTFBR7NV267 01750RAG5 500000.00000000 PA USD 500750.00000000 0.448810569868 Long ABS-CBDO CORP JE N 2 2037-07-24 Floating 5.56800000 N N N N N N UMBS, TBA N/A 01F050643 400000.00000000 PA USD 394352.00000000 0.353448518919 Long ABS-MBS USGSE US N 2 2056-04-01 Fixed 5.00000000 N N N N N N Allstate Corp/The OBT0W1ED8G0NWVOLOJ77 020002101 4500.00000000 NS USD 933030.00000000 0.836253072400 Long EC CORP US N 1 N N N ALPHA GENERATION LLC 254900K5V62L4YGVKF49 02073LAC5 429000.00000000 PA USD 421425.40000000 0.377713777196 Long DBT CORP US N 2 2034-01-15 Fixed 6.25000000 N N N N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K107 3180.00000000 NS USD 912214.80000000 0.817596893121 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 3426.00000000 NS USD 985180.56000000 0.882994405505 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 4800.00000000 NS USD 999696.00000000 0.896004256525 Long EC CORP US N 1 N N N AMAZON.COM INC ZXTILKJKG63JELOEG630 023135DH6 200000.00000000 PA USD 199839.28000000 0.179111295334 Long DBT CORP US N 2 2056-03-13 Fixed 5.80000000 N N N N N N America Movil SAB de CV 5493000FNR3UCEAONM59 02390A101 4000.00000000 NS USD 101920.00000000 0.091348523776 Long EC CORP MX N 1 N N N Ameriprise Financial Inc 6ZLKQF7QB6JAEKQS5388 03076C106 665.00000000 NS USD 295526.00000000 0.264873075328 Long EC CORP US N 1 N N N Amphenol Corp 549300D3L3G0R4U4VT04 032095101 11377.00000000 NS USD 1437483.95000000 1.288383406442 Long EC CORP US N 1 N N N ANGLO AMERICAN CAPITAL TINT358G1SSHR3L3PW36 034863BJ8 250000.00000000 PA USD 244445.22000000 0.219090561137 Long DBT CORP GB N 2 2036-03-19 Fixed 5.25000000 N N N N N N Apidos CLO 549300PPHIOJQEKPJH29 03759CAS9 57420.08000000 PA USD 57442.42000000 0.051484304053 Long ABS-CBDO CORP KY N 2 2030-10-20 Floating 4.87900000 N N N N N N APPLOVIN CORP 549300LLVXMUAOL3SQ07 03831WAE8 83000.00000000 PA USD 75392.04000000 0.067572130675 Long DBT CORP US N 2 2054-12-01 Fixed 5.95000000 N N N N N N ARES CLO Ltd N/A 03990KAC5 250000.00000000 PA USD 248928.50000000 0.223108820652 Long ABS-CBDO CORP KY N 2 2038-07-15 Floating 5.27200000 N N N N N N ARES CLO Ltd 549300X38KZ67Q2FQG11 04016DAU9 500000.00000000 PA USD 500019.00000000 0.448155391582 Long ABS-CBDO CORP KY N 2 2034-04-15 Floating 5.38400000 N N N N N N Arista Networks Inc 635400H1WKBLOQERUU95 040413205 5513.00000000 NS USD 676886.14000000 0.606677292520 Long EC CORP US N 1 N N N Autodesk Inc FRKKVKAIQEF3FCSTPG55 052769106 2388.00000000 NS USD 571687.20000000 0.512389931140 Long EC CORP US N 1 N N N Avis Budget Rental Car Funding AESOP LLC IHXLB8SL0QWSSG2VG640 05377RFX7 33333.34000000 PA USD 33358.91000000 0.029898814592 Long ABS-O CORP US N 2 2027-04-20 Fixed 6.24000000 N N N N N N HSBC Holdings PLC MLU0ZO3ML4LN2LL2TL39 000000000 22911.00000000 NS 373838.08000000 0.335062369891 Long EC CORP GB N 2 N N N The BAHA Trust N/A 05493XAA8 169000.00000000 PA USD 172446.47000000 0.154559757309 Long ABS-MBS CORP US N 2 2041-12-10 Variable 5.57400000 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 05565A5R0 280000.00000000 PA USD 291662.56000000 0.261410363979 Long DBT CORP FR N 2 N/A Fixed 8.50000000 N N N N N N BP CAPITAL MARKETS PLC 549300CRVT18MXX0AG93 05565QDX3 300000.00000000 PA USD 302591.10000000 0.271205360016 Long DBT CORP GB N 2 N/A Fixed 6.12500000 N N N N N N BX Trust 2019-OC11 N/A 05606FAL7 150000.00000000 PA USD 141800.91000000 0.127092855167 Long ABS-MBS CORP US N 2 2041-12-09 Variable 3.94400000 N N N N N N BXP Trust N/A 05607TAE2 250000.00000000 PA USD 215632.23000000 0.193266148833 Long ABS-MBS CORP US N 2 2044-01-15 Variable 2.77500000 N N N N N N BX Trust N/A 05619TAC2 100000.00000000 PA USD 100073.70000000 0.089693728059 Long ABS-MBS CORP US N 2 2042-12-13 Variable 5.17700000 N N N N N N Baidu Inc 254900AL64IANZYI1E02 056752108 800.00000000 NS USD 89136.00000000 0.079890522128 Long EC CORP KY N 1 N N N Rio Tinto PLC 213800YOEO5OQ72G2R82 000000000 1465.00000000 NS 135375.91000000 0.121334277211 Long EC CORP GB N 2 N N N BLACKSTONE PRIVATE CRE 549300ORP3TTCNXSYO43 09261HBS5 98000.00000000 PA USD 93385.39000000 0.083699151479 Long DBT CORP US N 2 2030-04-01 Fixed 5.25000000 N N N N N N BLACKSTONE PRIVATE CRE 549300ORP3TTCNXSYO43 09261HBW6 150000.00000000 PA USD 140227.72000000 0.125682841586 Long DBT CORP US N 2 2034-11-22 Fixed 6.00000000 N N N N N N BOEING CO/THE RVHJWBXLJ1RFUBSY1F30 097023DT9 230000.00000000 PA USD 253132.22000000 0.226876517044 Long DBT CORP US N 2 2054-05-01 Fixed 6.85800000 N N N N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 09857L108 170.00000000 NS USD 715754.40000000 0.641514009285 Long EC CORP US N 1 N N N Bourzou Issuer LLC, Jamshid Issuer LLC, Cristobal Issuer LLC & COPT DC-6 Issuer LLC N/A 102104AA4 150000.00000000 PA USD 150013.01000000 0.134453169257 Long ABS-O CORP US N 2 2049-11-22 Fixed 5.78100000 N N N N N N Brazil Government International Bonds 254900ZFY40OYEADAP90 105756CF5 200000.00000000 PA USD 200560.00000000 0.179757259895 Long DBT NUSS BR N 2 2033-10-20 Fixed 6.00000000 N N N N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 2898.00000000 NS USD 896959.98000000 0.803924353016 Long EC CORP US N 1 N N N BUCKEYE PARTNERS LP 549300C1PQJLVEIUBK50 118230AW1 450000.00000000 PA USD 464404.95000000 0.416235347497 Long DBT CORP US N 2 2030-02-01 Fixed 6.75000000 N N N N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 124857AN3 60000.00000000 PA USD 35840.08000000 0.032122629513 Long DBT CORP US N 2 2045-01-15 Fixed 4.60000000 N N N N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 124857AZ6 225000.00000000 PA USD 214856.09000000 0.192570512616 Long DBT CORP US N 2 2029-06-01 Fixed 4.20000000 N N N N N N CBRE SERVICES INC 549300CTE3HOMEUMM603 12505BAK6 90000.00000000 PA USD 90828.56000000 0.081407524261 Long DBT CORP US N 2 2035-06-15 Fixed 5.50000000 N N N N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 125896BV1 350000.00000000 PA USD 319292.09000000 0.286174068631 Long DBT CORP US N 2 2050-12-01 Fixed 3.75000000 N N N N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650EK2 100000.00000000 PA USD 100388.85000000 0.089976189669 Long DBT CORP US N 2 2035-09-15 Fixed 5.45000000 N N N N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650EL0 170000.00000000 PA USD 168386.26000000 0.150920685588 Long DBT CORP US N 2 2055-09-15 Fixed 6.20000000 N N N N N N CAPITAL ONE FINANCIAL CO ZUE8T73ROZOF6FLBAR73 14040HCF0 350000.00000000 PA USD 344945.93000000 0.309167008321 Long DBT CORP US N 2 N/A Fixed 3.95000000 N N N N N CarMax Select Receivables Trust N/A 142929AF5 200000.00000000 PA USD 198650.34000000 0.178045676085 Long ABS-O CORP US N 2 2032-05-17 Fixed 4.43000000 N N N N N N Carnival Corp F1OF2ZSX47CR0BCWA982 143658300 10883.00000000 NS USD 281652.04000000 0.252438167902 Long EC CORP PA N 1 N N N DWS N/A 147539670 1943074.00000000 NS USD 1943074.00000000 1.741532000472 Long STIV RF US N 1 N N CELANESE US HOLDINGS LLC CD30XVRLT4QO00B1C706 15089QAW4 32000.00000000 PA USD 33278.41000000 0.029826664316 Long DBT CORP US N 2 2028-11-15 Fixed 6.85000000 N N N N N N CHARLES RIVER LABORATORI 549300BSQ0R4UZ5KX287 159864AG2 150000.00000000 PA USD 142144.44000000 0.127400753110 Long DBT CORP US N 2 2029-03-15 Fixed 3.75000000 N N N N N N CHARTER COMM OPT LLC/CAP N/A 161175AZ7 100000.00000000 PA USD 101548.36000000 0.091015431494 Long DBT CORP US N 2 2035-10-23 Fixed 6.38400000 N N N N N N CHARTER COMM OPT LLC/CAP N/A 161175CS1 186000.00000000 PA USD 182947.12000000 0.163971245497 Long DBT CORP US N 2 2035-12-01 Fixed 5.85000000 N N N N N N CHENIERE ENERGY INC MIHC87W9WTYSYZWV1J40 16411RAK5 320000.00000000 PA USD 319191.34000000 0.286083768751 Long DBT CORP US N 2 2028-10-15 Fixed 4.62500000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 172967PU9 190000.00000000 PA USD 193976.44000000 0.173856568302 Long DBT CORP US N 2 2036-01-24 Fixed 6.02000000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 17327CAV5 175000.00000000 PA USD 176299.57000000 0.158013201156 Long DBT CORP US N 2 N/A Fixed 6.95000000 N N N N N N Cognizant Technology Solutions Corp 5493006IEVQEFQO40L83 192446102 1071.00000000 NS USD 65705.85000000 0.058890624028 Long EC CORP US N 1 N N N REPUBLIC OF COLOMBIA 549300MHDRBVRF6B9117 195325EU5 205000.00000000 PA USD 201412.50000000 0.180521335803 Long DBT NUSS CO N 2 2031-01-21 Fixed 6.12500000 N N N N N N COLUMBIA PIPELINE HOLDCO N/A 19828AAC1 100000.00000000 PA USD 102321.85000000 0.091708692578 Long DBT CORP US N 2 2034-01-15 Fixed 5.68100000 N N N N N N Compass Datacenters Issuer III, LLC N/A 20469BAD9 84000.00000000 PA USD 83174.62000000 0.074547475987 Long ABS-O CORP US N 2 2050-07-25 Fixed 5.28600000 N N N N N N CODELCO INC 549300UVMBCBCIPSUI70 21987BBG2 200000.00000000 PA USD 204492.80000000 0.183282136998 Long DBT CORP CL N 2 2034-01-08 Fixed 5.95000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 21H052645 2500000.00000000 PA USD 2514825.00000000 2.253979114067 Long ABS-MBS USGA US N 2 2056-04-20 Fixed 5.50000000 N N N N N N Costco Wholesale Corp 29DX7H14B9S6O3FD6V18 22160K105 117.00000000 NS USD 116582.31000000 0.104490010958 Long EC CORP US N 1 N N N CPS Auto Trust N/A 223928AC6 62510.81000000 PA USD 62948.34000000 0.056419131997 Long ABS-O CORP US N 2 2029-10-15 Fixed 6.27000000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 226373AT5 85000.00000000 PA USD 88163.14000000 0.079018570354 Long DBT CORP US N 2 2031-02-01 Fixed 7.37500000 N N N N N N DT MIDSTREAM INC N/A 23345MAA5 400000.00000000 PA USD 391584.17000000 0.350967777312 Long DBT CORP US N 2 2029-06-15 Fixed 4.12500000 N N N N N N Dell Technologies Inc 549300TJB5YBRUPOG437 24703L202 5400.00000000 NS USD 886302.00000000 0.794371853610 Long EC CORP US N 1 N N N DELTA AIR LINES INC Q2CCMS6R0AS67HJMBN42 247361ZT8 135000.00000000 PA USD 129948.24000000 0.116469582921 Long DBT CORP US N 2 2029-10-28 Fixed 3.75000000 N N N N N N Walt Disney Co/The 549300GZKULIZ0WOW665 254687106 1300.00000000 NS USD 125294.00000000 0.112298095938 Long EC CORP US N 1 N N N Dollarama Inc 5493002GJ0NJP1HI0C79 25675T107 300.00000000 NS 36819.06000000 0.033000066501 Long EC CORP CA N 1 N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 25746UDV8 187000.00000000 PA USD 189862.60000000 0.170169429261 Long DBT CORP US N 2 2055-05-15 Fixed 6.62500000 N N N N N N Dover Corp 549300FMC2ALGA7N9E80 260003108 3549.00000000 NS USD 739789.05000000 0.663055706665 Long EC CORP US N 1 N N N DOW CHEMICAL CO/THE ZQUIP1CSZO8LXRBSOU78 260543DP5 160000.00000000 PA USD 158498.69000000 0.142058686734 Long DBT CORP US N 2 2036-03-15 Fixed 5.65000000 N N N N N EQT CORP 4NT01YGM4X7ZX86ISY52 26884LAR0 225000.00000000 PA USD 231960.09000000 0.207900429714 Long DBT CORP US N 2 2034-02-01 Fixed 5.75000000 N N N N N N EAGLE FUNDING LUXCO SARL 894500VDP08MVIZ6OA60 26951TAA8 400000.00000000 PA USD 402100.00000000 0.360392870981 Long DBT NUSS LU N 2 2030-08-17 Fixed 5.50000000 N N N N N N Citibank NA E57ODZWZ7FF32TWEFA76 000000000 1.00000000 NC -3829.96000000 -0.00343270400 N/A DFE GB N 2 Citibank NA E57ODZWZ7FF32TWEFA76 1499205.80000000 USD 1130000.00000000 GBP 2026-06-12 -3829.96000000 N N N Citibank NA E57ODZWZ7FF32TWEFA76 000000000 1.00000000 NC 3683.28000000 0.003301238134 N/A DFE JP N 2 Citibank NA E57ODZWZ7FF32TWEFA76 1430737.45000000 USD 226300000.00000000 JPY 2026-06-12 3683.28000000 N N N Citibank NA E57ODZWZ7FF32TWEFA76 000000000 1.00000000 NC -937.31000000 -0.00084008913 N/A DFE XX N 2 Citibank NA E57ODZWZ7FF32TWEFA76 1427269.25000000 USD 1230000.00000000 EUR 2026-06-12 -937.31000000 N N N Citibank NA E57ODZWZ7FF32TWEFA76 000000000 1.00000000 NC -15032.05000000 -0.01347287653 N/A DFE GB N 2 Citibank NA E57ODZWZ7FF32TWEFA76 1536874.72000000 USD 1150000.00000000 GBP 2026-06-12 -15032.05000000 N N N ECOPETROL SA 254900IDGKCJICKBPA66 279158AW9 300000.00000000 PA USD 302959.35000000 0.271535413920 Long DBT CORP CO N 2 2032-02-01 Fixed 7.75000000 N N N N N Edison International 549300I7ROF15MAEVP56 281020107 1526.00000000 NS USD 111672.68000000 0.100089623863 Long EC CORP US N 1 N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 29250NBC8 200000.00000000 PA USD 199605.24000000 0.178901530730 Long DBT CORP CA N 2 2080-07-15 Fixed 5.75000000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 29273VAX8 175000.00000000 PA USD 183293.95000000 0.164282101154 Long DBT CORP US N 2 2054-05-15 Fixed 8.00000000 N N N N N N Equinix Inc 549300EVUN2BTLJ3GT74 29444U700 507.00000000 NS USD 496981.68000000 0.445433112361 Long EC US N 1 N N N EXELON CORP 3SOUA6IRML7435B56G12 30161NBQ3 133000.00000000 PA USD 135601.82000000 0.121536755086 Long DBT CORP US N 2 2055-03-15 Fixed 6.50000000 N N N N N N Exeter Automobile Receivables Trust N/A 30166XAE4 59000.00000000 PA USD 59322.87000000 0.053169707620 Long ABS-O CORP US N 2 2031-10-15 Fixed 5.09000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3131WLBF4 548.80000000 PA USD 577.45000000 0.000517554994 Long ABS-MBS USGSE US N 2 2038-03-01 Fixed 6.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BQUL1 290251.13000000 PA USD 247070.35000000 0.221443404056 Long ABS-MBS USGSE US N 2 2053-11-25 None 0.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BTD26 362791.08000000 PA USD 368164.20000000 0.329977003309 Long ABS-MBS USGSE US N 2 2054-12-25 Floating 5.51200000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31393ENQ8 26295.67000000 PA USD 3471.63000000 0.003111541165 Long ABS-MBS USGSE US N 2 2033-09-25 Fixed 6.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31407KN70 2146.25000000 PA USD 2154.57000000 0.001931090942 Long ABS-MBS USGSE US N 2 2035-09-01 Fixed 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140QWA77 447993.73000000 PA USD 460101.87000000 0.412378597048 Long ABS-MBS USGSE US N 2 2055-02-01 Fixed 6.00000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31425XDT3 445529.92000000 PA USD 458031.42000000 0.410522900904 Long ABS-MBS USGSE US N 2 2055-01-01 Fixed 6.00000000 N N N N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 316773605 10000.00000000 NS USD 251700.00000000 0.225592851594 Long EP CORP US N 1 N N N FIRST CITIZENS BANCSHARE 549300N3Z00ZHE2XC526 319626AA5 240000.00000000 PA USD 234569.93000000 0.210239568561 Long DBT CORP US N 2 2035-09-05 Fixed 5.60000000 N N N N N N Next PLC 213800WQD8ECPZP9PH98 000000000 294.00000000 NS 49596.57000000 0.044452251313 Long EC CORP GB N 2 N N N FIRST QUANTUM MINERALS L 549300I7UVBGWRYMYZ18 335934AX3 285000.00000000 PA USD 290140.55000000 0.260046221842 Long DBT CORP CA N 2 2034-02-15 Fixed 7.25000000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397A86 200000.00000000 PA USD 197409.13000000 0.176933208452 Long DBT CORP US N 2 2027-08-17 Fixed 4.12500000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397C68 200000.00000000 PA USD 210986.21000000 0.189102029245 Long DBT CORP US N 2 2030-03-06 Fixed 7.35000000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397J20 200000.00000000 PA USD 197532.48000000 0.177043764186 Long DBT CORP US N 2 2029-04-06 Fixed 4.97000000 N N N N N N Fortis Inc/Canada 549300MQYQ9Y065XPR71 349553107 400.00000000 NS 22316.15000000 0.020001445828 Long EC CORP CA N 1 N N N FOUNDRY JV HOLDCO LLC 21380048QROAMGM6EP30 350930AH6 200000.00000000 PA USD 206024.71000000 0.184655152275 Long DBT CORP US N 2 2036-01-25 Fixed 6.10000000 N N N N N N Foursight Capital Automobile Receivables Trust N/A 35104AAD0 250000.00000000 PA USD 253944.63000000 0.227604661218 Long ABS-O CORP US N 2 2029-04-16 Fixed 6.21000000 N N N N N N Freddie Mac - STACR 549300Y6KOVOWQ8OJC33 35564LAH0 104766.74000000 PA USD 106754.50000000 0.095681573601 Long ABS-MBS USGSE US N 2 2049-03-25 Floating 6.22600000 N N N N N N GE Aerospace 3C7474T6CDKPR9K6YT90 369604301 1160.00000000 NS USD 329173.20000000 0.295030277538 Long EC CORP US N 1 N N N GENERAL MOTORS CO 54930070NSV60J38I987 37045VBA7 212000.00000000 PA USD 217968.65000000 0.195360227698 Long DBT CORP US N 2 2030-04-15 Fixed 5.62500000 N N N N N N GENERAL MOTORS CO 54930070NSV60J38I987 37045VBB5 100000.00000000 PA USD 103989.46000000 0.093203332606 Long DBT CORP US N 2 2035-04-15 Fixed 6.25000000 N N N N N N GENERAL MOTORS FINL CO 5493008B6JBRUJ90QL97 37045XFN1 30000.00000000 PA USD 29551.00000000 0.026485873490 Long DBT CORP US N 2 2036-01-08 Fixed 5.45000000 N N N N N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 37940XAY8 210000.00000000 PA USD 202364.13000000 0.181374259623 Long DBT CORP US N 2 2035-11-15 Fixed 5.55000000 N N N N N N Gold Fields Ltd 5299003KXIBJQYCBBD72 38059T106 3496.00000000 NS USD 158718.40000000 0.142255607693 Long EC CORP ZA N 1 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 38141GB52 229000.00000000 PA USD 227808.55000000 0.204179501041 Long DBT CORP US N 2 N/A Fixed 6.12500000 N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38383FVU4 1313826.59000000 PA USD 172376.15000000 0.154496731129 Long ABS-MBS USGA US N 2 2051-12-20 Fixed 2.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384CTB5 238408.27000000 PA USD 240972.27000000 0.215977836887 Long ABS-MBS USGA US N 2 2053-08-20 Fixed 5.50000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38385FE31 401174.99000000 PA USD 387888.03000000 0.347655013059 Long ABS-MBS USGA US N 2 2055-04-20 Floating 5.69300000 N N N N N N HF SINCLAIR CORP 2549009G116AM01XHN24 403949AR1 156000.00000000 PA USD 159392.28000000 0.142859590652 Long DBT CORP US N 2 2031-01-15 Fixed 5.75000000 N N N N N N HF SINCLAIR CORP 2549009G116AM01XHN24 403949AT7 156000.00000000 PA USD 156355.42000000 0.140137723718 Long DBT CORP US N 2 2032-09-01 Fixed 5.50000000 N N N N N N HSBC HOLDINGS PLC MLU0ZO3ML4LN2LL2TL39 404280EV7 300000.00000000 PA USD 299345.76000000 0.268296637310 Long DBT CORP GB N 2 N/A Fixed 6.95000000 N N N N N N Hin Timeshare Trust N/A 40472QAB3 42068.95000000 PA USD 42645.84000000 0.038222473795 Long ABS-O CORP US N 2 2043-03-15 Fixed 5.84000000 N N N N N N Hercules Trust II N/A 427098116 170.00000000 NS USD 2189.91000000 0.001962765362 N/A DE US N 3 N/A N/A Call Purchased Ashland Global Holdings Inc Ashland Global Holdings Inc 4.38690000 0.09300000 USD 2029-03-31 XXXX -28093.54000000 N N N Hertz Vehicle Financing LLC 549300MNOMKDMDFI8J66 42806MBU2 170000.01000000 PA USD 170324.05000000 0.152657481663 Long ABS-O CORP US N 2 2027-06-25 Fixed 6.91000000 N N N N N N Hin Timeshare Trust N/A 433401AB2 217388.10000000 PA USD 216347.88000000 0.193907569271 Long ABS-O CORP US N 2 2045-05-15 Fixed 4.75000000 N N N N N N Hon Hai Precision Industry Co Ltd 30030004CM3GSZXX7O56 438090805 5619.00000000 NS USD 67315.62000000 0.060333423411 Long EC CORP TW N 1 N N N HPEFS Equipment Trust N/A 442927AE9 100000.00000000 PA USD 99392.29000000 0.089082996136 Long ABS-O CORP US N 2 2032-11-22 Fixed 4.41000000 N N N N N N The Huntington National Bank N/A 44644NAV1 400000.00000000 PA USD 398245.76000000 0.356938405378 Long ABS-O CORP US N 2 2034-02-20 Fixed 4.50300000 N N N N N N IRV Trust N/A 45006HAE1 127000.00000000 PA USD 125741.63000000 0.112699296288 Long ABS-MBS CORP US N 2 2047-03-14 Variable 5.73000000 N N N N N N Hannover Rueck SE 529900KIN5BE45V5KB18 000000000 2341.00000000 NS 733038.29000000 0.657005157604 Long EC CORP DE N 2 N N N Intuit Inc VI90HBPH7XSFMB9E4M29 461202103 366.00000000 NS USD 158251.08000000 0.141836759654 Long EC CORP US N 1 N N N Intuitive Surgical Inc 54930052SRG011710797 46120E602 145.00000000 NS USD 66843.55000000 0.059910318057 Long EC CORP US N 1 N N N IRON MOUNTAIN INC SQL3F6CKNNBM3SQGHX24 46284VAQ4 500000.00000000 PA USD 498401.15000000 0.446705350283 Long DBT US N 2 2033-01-15 Fixed 6.25000000 N N N N N Itau Unibanco Holding SA 5493002W2IVG62O3ZJ94 465562106 26300.00000000 NS USD 220394.00000000 0.197534012452 Long EC CORP BR N 1 N N N JP Morgan Mortgage Trust 529900371ZWA9WXVGB88 46593TAA0 179119.51000000 PA USD 179894.45000000 0.161235208428 Long ABS-MBS CORP US N 2 2065-09-25 Variable 5.57700000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46646GAA5 187000.00000000 PA USD 185707.21000000 0.166445049922 Long ABS-MBS CORP US N 2 2038-09-06 Variable 2.85400000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46650FAA0 387634.27000000 PA USD 251970.03000000 0.225834873198 Long ABS-MBS CORP US N 2 2035-06-15 Floating 4.93000000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46651EAA2 250000.00000000 PA USD 234461.60000000 0.210142474904 Long ABS-MBS CORP US N 2 2039-06-05 Fixed 3.39700000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46654BAA5 250000.00000000 PA USD 209792.68000000 0.188032296085 Long ABS-MBS CORP US N 2 2042-10-09 Variable 2.51600000 N N N N N N JW Commercial Mortgage Trust 2024-MRCO N/A 46657XAC0 190000.00000000 PA USD 190000.00000000 0.170292577683 Long ABS-MBS CORP US N 2 2039-06-15 Floating 5.61300000 N N N N N N JP Morgan Mortgage Trust 529900371ZWA9WXVGB88 46657YAP9 65874.17000000 PA USD 65992.32000000 0.059147380421 Long ABS-MBS CORP US N 2 2054-12-25 Floating 4.91200000 N N N N N N JBS NV/USA FOODS/FOOD CO N/A 47214BAC2 200000.00000000 PA USD 219969.80000000 0.197153811865 Long DBT CORP NL N 2 2034-03-15 Fixed 6.75000000 N N N N N N Jersey Mikes Funding LLC N/A 476681AD3 118800.00000000 PA USD 120144.48000000 0.107682701019 Long ABS-O CORP US N 2 2055-02-15 Fixed 5.63600000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 48128AAJ2 230000.00000000 PA USD 236011.05000000 0.211531210875 Long DBT CORP US N 2 N/A Fixed 6.50000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 48128BAQ4 100000.00000000 PA USD 103750.00000000 0.092988710182 Long DBT CORP US N 2 N/A Fixed 6.87500000 N N N N N N Skandinaviska Enskilda Banken AB F3JS33DEI6XQ4ZBPTN86 000000000 16197.00000000 NS 297964.63000000 0.267058762637 Long EC CORP SE N 2 N N KNDR Trust 2021-KIND N/A 482606AA8 99171.99000000 PA USD 98676.13000000 0.088441118597 Long ABS-MBS CORP US N 2 2038-08-15 Floating 4.74000000 N N N N N N Keurig Dr Pepper Inc DYTQ8KRTKO7Y2BVU5K74 49271V100 35900.00000000 NS USD 945247.00000000 0.847202885145 Long EC CORP US N 1 N N N KeyCorp RKPI3RZGV1V1FJTH5T61 493267702 10000.00000000 NS USD 247000.00000000 0.221380350988 Long EP CORP US N 1 N N N Kimco Realty Corp 254900ARY41P4V1JL861 49446R737 15000.00000000 NS USD 290550.00000000 0.260413202347 Long EP US N 1 N N N KINETIK HOLDINGS LP 549300RD6AJIMYC0HY12 49461MAB6 179000.00000000 PA USD 182029.22000000 0.163148553092 Long DBT CORP US N 2 2028-12-15 Fixed 6.62500000 N N N N N N Leidos Holdings Inc 549300IUTGTP6EJP8124 525327102 1100.00000000 NS USD 171072.00000000 0.153327851839 Long EC CORP US N 1 N N N Erste Group Bank AG PQOH26KWDF7CG10L6792 000000000 203.00000000 NS 21977.75000000 0.019698145785 Long EC CORP AT N 2 N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 532457108 1102.00000000 NS USD 1013586.54000000 0.908454024220 Long EC CORP US N 1 N N N M&T BANK CORPORATION 549300WYXDDBYRASEG81 55261FAV6 230000.00000000 PA USD 228106.46000000 0.204446510840 Long DBT CORP US N 2 2036-01-16 Fixed 5.38500000 N N N N N N MVW Owner Trust N/A 55389RAB1 139598.84000000 PA USD 137513.02000000 0.123249719162 Long ABS-O CORP US N 2 2044-10-20 Fixed 4.72000000 N N N N N N DISCOVERY HOLDINGS INC 549300DXR29GD4N0A520 55903VBQ5 175000.00000000 PA USD 154875.00000000 0.138810857730 Long DBT CORP US N 2 2032-03-15 Fixed 4.27900000 N N N N N N UCB SA 2138008J191VLSGY5A09 000000000 72.00000000 NS 21769.58000000 0.019511567859 Long EC CORP BE N 2 N N N MAPLE PARENT HLDS CO 254900J6FBJ1E892Q074 56530KAB2 355000.00000000 PA USD 353499.27000000 0.316833167881 Long DBT CORP US N 2 2031-03-26 Fixed 5.05000000 N N N N N N MAPLE PARENT HLDS CO 254900J6FBJ1E892Q074 56530KAD8 150000.00000000 PA USD 148533.99000000 0.133127558056 Long DBT CORP US N 2 2056-03-26 Fixed 6.62500000 N N N N N N Marathon Petroleum Corp 3BNYRYQHD39K4LCKQF12 56585A102 700.00000000 NS USD 170926.00000000 0.153196995437 Long EC CORP US N 1 N N N MARRIOTT INTERNATIONAL 225YDZ14ZO8E1TXUSU86 571903BU6 210000.00000000 PA USD 209080.84000000 0.187394290462 Long DBT CORP US N 2 2037-04-15 Fixed 5.50000000 N N N N N N Mercury Financial Credit Card Master Trust N/A 58940BAZ9 200000.00000000 PA USD 200327.28000000 0.179548678376 Long ABS-O CORP US N 2 2029-07-20 Fixed 6.56000000 N N N N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 1853.00000000 NS USD 685925.01000000 0.614778621318 Long EC CORP US N 1 N N N Mission Lane Credit Card Master Trust N/A 60510MBE7 250000.00000000 PA USD 250405.80000000 0.224432890257 Long ABS-O CORP US N 2 2030-01-15 Fixed 5.88000000 N N N N N N Bank Hapoalim BM B6ARUI4946ST4S7WOU88 000000000 3793.00000000 NS 88691.63000000 0.079492243640 Long EC CORP IL N 2 N N N BHP Group Ltd WZE1WSENV6JSZFK0JC28 000000000 2756.00000000 NS 97638.00000000 0.087510666841 Long EC CORP AU N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 61747YGA7 140000.00000000 PA USD 143396.73000000 0.128523151489 Long DBT CORP US N 2 2036-04-17 Fixed 5.66400000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61762V606 10000.00000000 NS USD 233700.00000000 0.209459870550 Long EP CORP US N 1 N N N Hong Kong Exchanges & Clearing Ltd 213800YTVSXYQN17BW16 000000000 3300.00000000 NS 166097.09000000 0.148868955799 Long EC CORP HK N 2 N N N NRG ENERGY INC 5E2UPK5SW04M13XY7I38 629377DB5 101000.00000000 PA USD 99073.40000000 0.088797182451 Long DBT CORP US N 2 2035-10-15 Fixed 5.40700000 N N N N N N NAVIENT CORP 54930067J0ZNOEBRW338 63938CAM0 286000.00000000 PA USD 262133.93000000 0.234944540200 Long DBT CORP US N 2 2029-03-15 Fixed 5.50000000 N N N N N NetEase Inc 5299004AF4DSJDB0PA32 64110W102 7035.00000000 NS USD 787497.90000000 0.705816038480 Long EC CORP KY N 1 N N N Neuberger Berman CLO Ltd 549300XVEYZNG956Y145 64129UCC7 250000.00000000 PA USD 250084.00000000 0.224144468407 Long ABS-CBDO CORP KY N 2 2038-07-22 Floating 5.06900000 N N N N N N Japan Tobacco Inc 353800Z0ENYBQO0XRJ31 000000000 25700.00000000 NS 982959.59000000 0.881003801788 Long EC CORP JP N 2 N N N NEXTERA ENERGY CAPITAL UMI46YPGBLUE4VGNNT48 65339KDB3 98000.00000000 PA USD 101384.33000000 0.090868415223 Long DBT CORP US N 2 2054-06-15 Fixed 6.75000000 N N N N N N NEXTERA ENERGY CAPITAL UMI46YPGBLUE4VGNNT48 65339KDE7 350000.00000000 PA USD 356563.20000000 0.319579297026 Long DBT CORP US N 2 2055-08-15 Fixed 6.37500000 N N N N N N NORDEA BANK ABP 529900ODI3047E2LIV03 65558RAK5 300000.00000000 PA USD 298514.01000000 0.267551159144 Long DBT CORP FI N 2 N/A Fixed 6.30000000 N N N N N Renesas Electronics Corp 5299000EPC47VJQOFB81 000000000 30500.00000000 NS 436482.08000000 0.391208729030 Long EC CORP JP N 2 N N N Nucor Corp 549300GGJCRSI2TIEJ46 670346105 4040.00000000 NS USD 683164.00000000 0.612303992318 Long EC CORP US N 1 N N N NUSTAR LOGISTICS LP N62BF2PKP51FIIOIUN20 67059TAH8 565000.00000000 PA USD 584208.31000000 0.523612310600 Long DBT CORP US N 2 2030-10-01 Fixed 6.37500000 N N N N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 67066G104 11086.00000000 NS USD 1933398.40000000 1.732859985395 Long EC CORP US N 1 N N N QBE Insurance Group Ltd 549300D2FBW76FPUSG65 000000000 36715.00000000 NS 540124.34000000 0.484100874358 Long EC CORP AU N 2 N N N OCCIDENTAL PETROLEUM COR IM7X0T3ECJW4C1T7ON55 674599EA9 300000.00000000 PA USD 341483.10000000 0.306063354391 Long DBT CORP US N 2 2030-07-15 Fixed 8.87500000 N N N N N N Octagon 63 Ltd N/A 67578VAC6 350000.00000000 PA USD 348680.50000000 0.312514216489 Long ABS-CBDO CORP KY N 2 2037-07-20 Floating 5.37800000 N N N N N N OLIN CORP 549300GKK294V7W57P06 680665AK2 200000.00000000 PA USD 191577.14000000 0.171706131557 Long DBT CORP US N 2 2030-02-01 Fixed 5.00000000 N N N N N Omnicom Group Inc HKUPACFHSSASQK8HLS17 681919106 900.00000000 NS USD 67779.00000000 0.060748740120 Long EC CORP US N 1 N N N ONEOK INC 2T3D6M0JSY48PSZI1Q41 682680CR2 280000.00000000 PA USD 296385.57000000 0.265643487913 Long DBT CORP US N 2 2030-09-01 Fixed 6.50000000 N N N N N N ORACLE CORP 1Z4GXXU7ZHVWFCD8TV52 68389XCU7 245000.00000000 PA USD 189513.19000000 0.169856261211 Long DBT CORP US N 2 2054-09-27 Fixed 5.37500000 N N N N N N ORACLE CORP 1Z4GXXU7ZHVWFCD8TV52 68389XCV5 75000.00000000 PA USD 57435.78000000 0.051478352776 Long DBT CORP US N 2 2064-09-27 Fixed 5.50000000 N N N N N N ORACLE CORP 1Z4GXXU7ZHVWFCD8TV52 68389XDR3 96000.00000000 PA USD 80761.99000000 0.072385091873 Long DBT CORP US N 2 2055-09-26 Fixed 5.95000000 N N N N N N Toyota Motor Corp 5493006W3QUS5LMH6R84 000000000 27000.00000000 NS 552530.44000000 0.495220173032 Long EC CORP JP N 2 N N N PG&E CORP 8YQ2GSDWYZXO2EDN3511 69331CAM0 100000.00000000 PA USD 100641.44000000 0.090202580207 Long DBT CORP US N 2 2055-03-15 Fixed 7.37500000 N N N N N N PTC Inc 54930050SSMU8SKDJ030 69370C100 500.00000000 NS USD 71245.00000000 0.063855235247 Long EC CORP US N 1 N N N PACIFIC GAS & ELECTRIC 1HNPXZSMMB7HMBMVBS46 694308KT3 52000.00000000 PA USD 48456.12000000 0.043430092522 Long DBT CORP US N 2 2054-10-01 Fixed 5.90000000 N N N N N N Palmer Square CLO Ltd 549300IUW4WDDDVSMS20 69701RBN6 250000.00000000 PA USD 248267.00000000 0.222515933598 Long ABS-CBDO CORP JE N 2 2036-11-15 Floating 5.60300000 N N N N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 701094104 635.00000000 NS USD 568477.40000000 0.509513062109 Long EC CORP US N 1 N N N ABB Ltd 5493000LKVGOO9PELI61 000000000 9466.00000000 NS 764956.24000000 0.685612473287 Long EC CORP CH N 2 N N N Eni SpA BUCRF72VH5RBN7X3VL35 000000000 927.00000000 NS 26307.58000000 0.023578871635 Long EC CORP IT N 2 N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 71647NBM0 225000.00000000 PA USD 220466.25000000 0.197598768445 Long DBT CORP NL N 2 2030-09-10 Fixed 5.12500000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 71647NBN8 169000.00000000 PA USD 165085.96000000 0.147962703514 Long DBT CORP NL N 2 2036-01-10 Fixed 6.25000000 N N N N N N Phillips 66 5493005JBO5YSIGK1814 718546104 8900.00000000 NS USD 1621402.00000000 1.453224873900 Long EC CORP US N 1 N N N PHILLIPS 66 CO RVJMT2IZVVSKIRJJBH76 718547AZ5 200000.00000000 PA USD 196951.62000000 0.176523152888 Long DBT CORP US N 2 2056-03-15 Fixed 5.87500000 N N N N N N PHILLIPS 66 CO RVJMT2IZVVSKIRJJBH76 718547BA9 63000.00000000 PA USD 62716.96000000 0.056211751488 Long DBT CORP US N 2 2056-03-15 Fixed 6.20000000 N N N N N N Pikes Peak CLO 213800AO7LGLGDRRY278 72134CAQ4 250000.00000000 PA USD 250498.00000000 0.224515526971 Long ABS-CBDO CORP JE N 2 2038-07-20 Floating 5.41800000 N N N N N N PLAINS ALL AMER PIPELINE N/A 72650RBR2 65000.00000000 PA USD 64802.18000000 0.058080685640 Long DBT CORP US N 2 2031-01-15 Fixed 4.70000000 N N N N N N Prologis Inc 529900DFH19P073LZ636 74340W202 164.00000000 NS USD 8569.66000000 0.007680786796 Long EP US N 1 N N N PUGET ENERGY INC SYBSJ96YIDMIUY7WDR33 745310AR3 400000.00000000 PA USD 396952.18000000 0.355778999733 Long DBT CORP US N 2 2056-09-15 Fixed 7.00000000 N N N N N N Woodward Capital Management 2549002LEW4WNQBOMB89 749414AA6 152956.87000000 PA USD 152766.41000000 0.136920977591 Long ABS-MBS CORP US N 2 2044-10-25 Variable 5.15800000 N N N N N N Woodward Capital Management 2549002LEW4WNQBOMB89 749426AB8 71698.25000000 PA USD 71979.87000000 0.064513882124 Long ABS-MBS CORP US N 2 2044-12-25 Variable 5.68300000 N N N N N N ROCC Trust N/A 74970WAA8 159000.00000000 PA USD 161637.46000000 0.144871893229 Long ABS-MBS CORP US N 2 2041-11-13 Fixed 5.38800000 N N N N N N Rad CLO Ltd N/A 75009CAA4 500000.00000000 PA USD 500031.00000000 0.448166146903 Long ABS-CBDO CORP KY N 2 2037-04-20 Floating 5.26800000 N N N N N N Regeneron Pharmaceuticals Inc 549300RCBFWIRX3HYQ56 75886F107 1911.00000000 NS USD 1476515.04000000 1.323366063947 Long EC CORP US N 1 N N N Regatta 34 Funding Ltd. N/A 75904BAC8 250000.00000000 PA USD 249100.25000000 0.223262756179 Long ABS-CBDO CORP KY N 2 2038-07-20 Floating 5.41800000 N N N N N N Restaurant Brands International Inc 5299009RXTX9DN9AKJ98 76131D103 6400.00000000 NS 473593.56000000 0.424470884772 Long EC CORP CA N 1 N N N ROYAL BANK OF CANADA ES7IP3U3RHIGC71XBU11 780082AT0 250000.00000000 PA USD 238499.85000000 0.213761864387 Long DBT CORP CA N 2 2084-11-24 Fixed 6.35000000 N N N N N SWCH Commercial Mortgage Trust N/A 78489CAA7 200000.00000000 PA USD 197500.00000000 0.177014653118 Long ABS-MBS CORP US N 2 2042-02-15 Floating 5.11500000 N N N N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 796050201 30.00000000 NS USD 58200.00000000 0.052163305374 Long EC CORP KR N 1 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 796050888 253.00000000 NS USD 717508.00000000 0.643085720150 Long EC CORP KR N 1 N N N Santander Drive Auto Receivables Trust N/A 80285XAE5 100000.00000000 PA USD 101443.49000000 0.090921438954 Long ABS-O CORP US N 2 2030-11-15 Fixed 5.77000000 N N N N N N SAUDI ARABIAN OIL CO 5586006WD91QHB7J4X50 80414L3F0 210000.00000000 PA USD 208626.19000000 0.186986798249 Long DBT CORP SA N 2 2055-06-02 Fixed 6.37500000 N N N N N N SAUDI ARABIAN OIL CO 5586006WD91QHB7J4X50 80415RAC5 300000.00000000 PA USD 288120.57000000 0.258235760783 Long DBT CORP SA N 2 2036-02-02 Fixed 5.00000000 N N N N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 808513105 3900.00000000 NS USD 366522.00000000 0.328505137672 Long EC CORP US N 1 N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 808513AR6 469000.00000000 PA USD 458981.78000000 0.411374686452 Long DBT CORP US N 2 N/A Fixed 5.00000000 N N N N N CHARLES SCHWAB CORP 549300VSGCJ7E698NM85 808513BJ3 200000.00000000 PA USD 185007.44000000 0.165817862359 Long DBT CORP US N 2 N/A Fixed 4.00000000 N N N N N N Sculptor CLO Ltd N/A 81124TAS6 250000.00000000 PA USD 248207.75000000 0.222462829202 Long ABS-CBDO CORP KY N 2 2038-01-20 Floating 5.86800000 N N N N N N Securitized Term Auto Receivables Trust 254900DVX7EZK9JMUP63 81378RAC8 27312.14000000 PA USD 27527.61000000 0.024672356128 Long ABS-O CORP CA N 2 2031-07-25 Fixed 5.18500000 N N N N N N Securitized Term Auto Receivables Trust 254900DVX7EZK9JMUP63 81378WAG8 183736.17000000 PA USD 183376.76000000 0.164356321829 Long ABS-O CORP CA N 2 2033-03-25 Fixed 4.43100000 N N N N N N SEMPRA PBBKGKLRK5S5C0Y4T545 816851BM0 390000.00000000 PA USD 379278.74000000 0.339938706816 Long DBT CORP US N 2 2052-04-01 Fixed 4.12500000 N N N N N N Sequoia Mortgage Trust 549300671OK77JNRLK28 816939AC6 309928.22000000 PA USD 308762.58000000 0.276736713896 Long ABS-MBS CORP US N 2 2054-10-25 Variable 5.50000000 N N N N N N Servpro Master Issuer, LLC N/A 817743AL1 249375.00000000 PA USD 246608.53000000 0.221029485539 Long ABS-O CORP US N 2 2055-10-25 Fixed 5.52500000 N N N N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 828806885 8000.00000000 NS USD 426720.00000000 0.382459203942 Long EP US N 1 N N N Sixth Street CLO XVI, LTD. N/A 83013NAE0 400000.00000000 PA USD 398596.40000000 0.357252675849 Long ABS-CBDO CORP KY N 2 2038-01-20 Floating 5.07000000 N N N N N N SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 83368RBL5 225000.00000000 PA USD 231761.90000000 0.207722796630 Long DBT CORP FR N 2 2033-06-15 Fixed 6.22100000 N N N N N SOUTHERN CO 549300FC3G3YU2FBZD92 842587DJ3 215000.00000000 PA USD 212860.51000000 0.190781920710 Long DBT CORP US N 2 2051-09-15 Fixed 3.75000000 N N N N N N SOUTHWESTERN ELEC POWER R64UBJHEC74EB3HGQ410 845437BV3 148000.00000000 PA USD 145535.81000000 0.130440359106 Long DBT CORP US N 2 2036-04-01 Fixed 5.20000000 N N N N N N EXPAND ENERGY CORP X2MT1W32SPAZ9WSKLE78 845467AR0 205000.00000000 PA USD 204818.10000000 0.183573695817 Long DBT CORP US N 2 2029-02-01 Fixed 5.37500000 N N N N N N SOUTHWESTERN PUBLIC SERV OL6FE7QD5EQ3DOYEO258 845743BX0 200000.00000000 PA USD 201480.73000000 0.180582488764 Long DBT CORP US N 2 2054-06-01 Fixed 6.00000000 N N N N N N STANLEY BLACK & DECKER I 549300DJ09SMTO561131 854502AM3 450000.00000000 PA USD 439484.94000000 0.393900122556 Long DBT CORP US N 2 2060-03-15 Variable 6.70700000 N N N N N N State Bank of India 5493001JZ37UBBZF6L49 856552203 219.00000000 NS USD 23170.20000000 0.020766910965 Long EC CORP IN N 1 N N N STATE STREET CORP 549300ZFEEJ2IP5VME73 857477CS0 250000.00000000 PA USD 253649.00000000 0.227339694930 Long DBT CORP US N 2 N/A Fixed 6.45000000 N N N N N N SUMITOMO MITSUI FINL GRP 35380028MYWPB6AUO129 86562MDW7 200000.00000000 PA USD 194716.88000000 0.174520207440 Long DBT CORP JP N 2 N/A Fixed 6.45000000 N N N N N N Switch ABS Issuer, LLC N/A 871044AA1 200000.00000000 PA USD 201877.88000000 0.180938445065 Long ABS-O CORP US N 2 2054-03-25 Fixed 6.28000000 N N N N N N Switch ABS Issuer, LLC N/A 871044AE3 100000.00000000 PA USD 98023.88000000 0.087856522103 Long ABS-O CORP US N 2 2054-06-25 Fixed 5.43600000 N N N N N N SYNCHRONY FINANCIAL 549300RS7EWPM9MA6C78 87165BAW3 200000.00000000 PA USD 199834.39000000 0.179106912541 Long DBT CORP US N 2 2031-03-06 Fixed 5.45000000 N N N N N N SYNCHRONY FINANCIAL 549300RS7EWPM9MA6C78 87165BAZ6 300000.00000000 PA USD 291150.74000000 0.260951631626 Long DBT CORP US N 2 2032-02-25 Fixed 4.94700000 N N N N N N T-MOBILE USA INC 549300V2JRLO5DIFGE82 87264ADD4 80000.00000000 PA USD 79200.62000000 0.070985672283 Long DBT CORP US N 2 2054-06-15 Fixed 6.00000000 N N N N N N Taco Bell Funding, LLC N/A 87342RAL8 62000.00000000 PA USD 60549.80000000 0.054269376422 Long ABS-O CORP US N 2 2055-08-25 Fixed 5.04900000 N N N N N N TARGA RESOURCES PARTNERS N/A 87612BBG6 200000.00000000 PA USD 199883.05000000 0.179150525367 Long DBT CORP US N 2 2028-01-15 Fixed 5.00000000 N N N N N N TARGA RESOURCES CORP 5493003QENHHS261UR94 87612GAU5 185000.00000000 PA USD 178856.40000000 0.160304828374 Long DBT CORP US N 2 2056-05-15 Fixed 6.05000000 N N N N N N Teck Resources Ltd T8KI5SQ2JRWHL7XY0E11 878742204 1300.00000000 NS 67378.33000000 0.060389628924 Long EC CORP CA N 1 N N N Tencent Holdings Ltd 254900N4SLUMW4XUYY11 88032Q109 4936.00000000 NS USD 312053.92000000 0.279686665331 Long EC CORP KY N 1 N N N Texas Debt Capital CLO, Ltd N/A 88238CAG7 300000.00000000 PA USD 298735.80000000 0.267749944359 Long ABS-CBDO CORP KY N 2 2038-07-20 Floating 5.21800000 N N N N N N Texas Pacific Land Corp N/A 88262P102 274.00000000 NS USD 130029.44000000 0.116542360591 Long EC CORP US N 1 N N N Towd Point Mortgage Trust 25490010CSYSAQU59J50 891946AA3 74420.97000000 PA USD 74910.55000000 0.067140582395 Long ABS-MBS CORP US N 2 2065-01-25 Variable 5.79900000 N N N N N N Travelers Cos Inc/The 549300Y650407RU8B149 89417E109 4605.00000000 NS USD 1343186.40000000 1.203866707186 Long EC CORP US N 1 N N N TRUIST FINANCIAL CORP 549300DRQQI75D2JP341 89832QAD1 300000.00000000 PA USD 299471.64000000 0.268409460624 Long DBT CORP US N 2 N/A Fixed 6.66900000 N N N N N N 20 TSQ GroundCo LLC N/A 90137LAE0 200000.00000000 PA USD 187500.00000000 0.168051885871 Long ABS-MBS CORP US N 2 2035-05-15 Variable 3.10000000 N N N N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 902613AD0 200000.00000000 PA USD 176439.82000000 0.158138903967 Long DBT CORP CH N 2 N/A Fixed 4.37500000 N N N N N N U.S. Bank National Association N/A 90355PAJ5 250000.00000000 PA USD 248836.65000000 0.223026497634 Long ABS-O CORP US N 2 2046-12-25 Fixed 4.95900000 N N N N N N UNITED AIR 2023-1 A PTT N/A 90932LAJ6 273188.41000000 PA USD 281187.20000000 0.252021542629 Long DBT CORP US N 2 2036-01-15 Fixed 5.80000000 N N N N N N United Auto Credit Securitization Trust N/A 90945FAB1 200000.00000000 PA USD 199697.42000000 0.178984149518 Long ABS-O CORP US N 2 2029-05-10 Fixed 4.63000000 N N N N N N United Auto Credit Securitization Trust N/A 90945FAC9 150000.00000000 PA USD 149592.00000000 0.134075827793 Long ABS-O CORP US N 2 2031-06-10 Fixed 5.06000000 N N N N N N UNITED MEXICAN STATES 254900EGTWEU67VP6075 91087BBQ2 863000.00000000 PA USD 844014.00000000 0.756470103478 Long DBT NUSS MX N 2 2034-02-09 Fixed 5.62500000 N N N N N N UNITED RENTALS NORTH AM NGIZXNT70J2LYT3FBI09 911365BQ6 110000.00000000 PA USD 111837.11000000 0.100236998645 Long DBT CORP US N 2 2029-12-15 Fixed 6.00000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912797RG4 3900000.00000000 PA USD 3850611.02000000 3.451213032906 Long STIV UST US N 2 2026-08-06 None 0.00000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 912810UG1 270800.00000000 PA USD 258286.08000000 0.231495801805 Long DBT UST US N 2 2055-02-15 Fixed 4.62500000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 91282CMU2 875600.00000000 PA USD 878746.69000000 0.787600205110 Long DBT UST US N 2 2030-03-31 Fixed 4.00000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 91282CNP2 5976900.00000000 PA USD 5979234.70000000 5.359048892829 Long DBT UST US N 2 2027-07-31 Fixed 3.87500000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 91282CNT4 1104100.00000000 PA USD 1099959.63000000 0.985868214423 Long DBT UST US N 2 2035-08-15 Fixed 4.25000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 91282CNW7 250000.00000000 PA USD 246865.24000000 0.221259568737 Long DBT UST US N 2 2032-08-31 Fixed 3.87500000 N N N N N N VanEck J. P. Morgan EM Local Currency Bond ETF 549300CNWPR88MZBEA63 92189H300 119225.00000000 NS USD 2993739.75000000 2.683219257584 Long EC RF US N 1 N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 92556HAB3 150000.00000000 PA USD 138946.99000000 0.124534953097 Long DBT CORP US N 2 2031-01-15 Fixed 4.95000000 N N N N N N VICI Properties Inc 254900RKH6RY9KCJQH63 925652109 9800.00000000 NS USD 267736.00000000 0.239965545150 Long EC US N 1 N N N VIDEOTRON LTD 549300LW4GNJRBECSD81 92660FAT1 185000.00000000 PA USD 186740.05000000 0.167370760374 Long DBT CORP CA N 2 2035-01-15 Fixed 5.70000000 N N N N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 94988U656 15000.00000000 NS USD 352950.00000000 0.316340869965 Long EP CORP US N 1 N N N Wells Fargo Commercial Mortgage Trust 549300PX4QZK7CUM8D08 949939AA0 150000.00000000 PA USD 148556.00000000 0.133147285107 Long ABS-MBS CORP US N 2 2041-03-10 Variable 4.83300000 N N N N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 95002YAC7 150000.00000000 PA USD 155490.75000000 0.139362740123 Long DBT CORP US N 2 N/A Fixed 6.85000000 N N N N N WENDYS FUNDING LLC 5493009DRVSTWJOXUL48 95058XAR9 249375.00000000 PA USD 246831.15000000 0.221229014663 Long ABS-O CORP US N 2 2055-12-15 Fixed 5.42200000 N N N N N N Western Alliance Bank SI7YQSVPFZBSQ878IC17 95763PNC1 205779.92000000 PA USD 220152.58000000 0.197317633325 Long ABS-MBS CORP US N 2 2059-07-25 Floating 6.81200000 N N N N N N WESTERN MIDSTREAM OPERAT L6D8A6MLSY454J2JXJ60 958667AG2 92000.00000000 PA USD 91100.30000000 0.081651078498 Long DBT CORP US N 2 2034-11-15 Fixed 5.45000000 N N N N N N WINGSTOP FUNDING LLC N/A 974153AE8 100000.00000000 PA USD 101556.83000000 0.091023022958 Long ABS-O CORP US N 2 2054-12-05 Fixed 5.85800000 N N N N N N DWS 5493003GD84DGSXJ7618 25160K306 10312477.11000000 NS USD 10312477.11000000 9.242833207179 Long STIV RF US N 1 N N N Zoetis Inc 549300HD9Q1LOC9KLJ48 98978V103 1800.00000000 NS USD 212778.00000000 0.190707968917 Long EC CORP US N 1 N N N ASML Holding NV 724500Y6DUVHQD6OXN27 000000000 345.00000000 NS 458230.25000000 0.410701107605 Long EC CORP NL N 2 N N N HUNGARY GOVERNMENT BOND 5299003F3UFKGCCMAP43 000000000 220000000.00000000 PA 545777.62000000 0.489167777640 Long DBT NUSS HU N 2 2031-10-22 Fixed 3.25000000 N N N N N N Siemens Energy AG 5299005CHJZ14D4FDJ62 000000000 1057.00000000 NS 179124.41000000 0.160545039499 Long EC CORP DE N 2 N N N DNB Bank ASA 549300GKFG0RYRRQ1414 000000000 1959.00000000 NS 61382.98000000 0.055016136263 Long EC CORP NO N 2 N N N Ferrovial SE 72450022R2ZFL41Y6I04 000000000 4712.00000000 NS 306781.11000000 0.274960768455 Long EC CORP NL N 2 N N N MEXICO CETES 254900EGTWEU67VP6075 000000000 22000000.00000000 PA 1157425.24000000 1.037373303134 Long DBT NUSS MX N 2 2027-01-21 None 0.00000000 N N N N N N REPUBLIC OF COLOMBIA 549300MHDRBVRF6B9117 000000000 755000.00000000 PA 820829.80000000 0.735690644639 Long DBT NUSS CO N 2 2032-09-19 Fixed 5.00000000 N N N N N N InterContinental Hotels Group PLC 2138007ZFQYRUSLU3J98 000000000 1014.00000000 NS USD 133344.36000000 0.119513446231 Long EC CORP GB N 2 N N N Roche Holding AG 549300U41AUUVOAAOB37 000000000 137.00000000 NS 54124.92000000 0.048510906019 Long EC CORP CH N 2 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 8.00000000 NC USD -25252.98000000 -0.02263365820 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long CME E-mini S&P 500 Index Futures ESM6 Index 2026-06-18 2653552.98000000 USD -25252.98000000 N N N ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 000000000 39.00000000 NC USD -32291.19000000 -0.02894184200 N/A DE US N 1 ICE Futures U.S., Inc. 5493004R83R1LVX2IL36 Long ICE U.S. MSCI Emerging Markets Index Futures MESM6 Index 2026-06-19 2868761.19000000 USD -32291.19000000 N N N Osaka Exchange 3538001249AILNPRUX57 000000000 16.00000000 NC -350468.56000000 -0.31411681304 N/A DE JP N 1 Osaka Exchange 3538001249AILNPRUX57 Long OSE Nikkei 225 Index Futures NKM6 Index 2026-06-11 874181113.00000000 JPY -350468.56000000 N N N Eurex Deutschland 529900LN3S50JPU47S06 000000000 97.00000000 NC USD -420924.81000000 -0.37726511003 N/A DE DE N 1 Eurex Deutschland 529900LN3S50JPU47S06 Long MSCI World Index Futures USD Net Total Return ZWPM6 Index 2026-06-19 13684704.81000000 USD -420924.81000000 N N N Eurex Deutschland 529900LN3S50JPU47S06 000000000 51.00000000 NC -110415.47000000 -0.09896281580 N/A DE DE N 1 Eurex Deutschland 529900LN3S50JPU47S06 Long Eurex EURO STOXX 50 Futures VGM6 Index 2026-06-19 2897977.49000000 EUR -110415.47000000 N N N Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 000000000 6.00000000 NC USD -13657.20000000 -0.01224063048 N/A DE US N 1 Chicago Mercantile Exchange SNZ2OJLFK8MNNCLQOF39 Long CME E-mini Russell 2000 Index Futures RTYM6 Index 2026-06-18 767317.20000000 USD -13657.20000000 N N N Eurex Deutschland 529900LN3S50JPU47S06 000000000 33.00000000 NC -25374.40000000 -0.02274248412 N/A DIR DE N 1 Eurex Deutschland 529900LN3S50JPU47S06 Long Euro-BTP Italian Bond Futures IKM6 Comdty 2026-06-08 3859193.02000000 EUR -25374.40000000 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 6.00000000 NC USD -22891.14000000 -0.02051679598 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT U.S. Long Bond Futures USM6 Comdty 2026-06-18 706141.14000000 USD -22891.14000000 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 13.00000000 NC USD -52442.26000000 -0.04700277702 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT Ultra Long-Term U.S. Treasury Bond Futures WNM6 Comdty 2026-06-18 1567754.76000000 USD -52442.26000000 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 90.00000000 NC USD 11730.78000000 0.010514025075 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 2 Year U.S. Treasury Notes Futures TUM6 Comdty 2026-06-30 18658347.30000000 USD 11730.78000000 N N N Singapore Telecommunications Ltd 2549003XJKIQO8YDYD89 000000000 13200.00000000 NS 50959.21000000 0.045673553829 Long EC CORP SG N 2 N N N Engie SA LAXUQCHT4FH58LRZDY46 000000000 30187.00000000 NS 975397.45000000 0.874226031717 Long EC CORP FR N 2 N N N Oversea-Chinese Banking Corp Ltd 5493007O3QFXCPOGWK22 000000000 6500.00000000 NS 111590.94000000 0.100016362203 Long EC CORP SG N 2 N N N Experian PLC 635400RXXHHYT1JTSZ26 000000000 800.00000000 NS 27716.75000000 0.024841877907 Long EC CORP JE N 2 N N N Volvo AB 549300HGV012CNC8JD22 000000000 687.00000000 NS 22629.69000000 0.020282464433 Long EC CORP SE N 2 N N N Prysmian SpA 529900X0H1IO3RS1A464 000000000 2430.00000000 NS 284470.70000000 0.254964467254 Long EC CORP IT N 2 N N N Amadeus IT Group SA 9598004A3FTY3TEHHN09 000000000 427.00000000 NS 24338.47000000 0.021814004174 Long EC CORP ES N 2 N N N Sompo Holdings Inc 353800CWW4SRGEYEB512 000000000 16800.00000000 NS 651004.49000000 0.583480172029 Long EC CORP JP N 2 N N N Nordea Bank Abp 529900ODI3047E2LIV03 000000000 5888.00000000 NS 100944.09000000 0.090473838357 Long EC CORP FI N 2 N N N Argenx SE 7245009C5FZE6G9ODQ71 000000000 126.00000000 NS 91739.40000000 0.082223888953 Long EC CORP NL N 2 N N N Vestas Wind Systems A/S 549300DYMC8BGZZC8844 000000000 6087.00000000 NS 180061.42000000 0.161384859753 Long EC CORP DK N 2 N N N GSK PLC 5493000HZTVUYLO1D793 000000000 23315.00000000 NS 639587.80000000 0.573247658510 Long EC CORP GB N 2 N N N CK Hutchison Holdings Ltd 254900Z8HM1VEPOQ2G79 000000000 2500.00000000 NS 19180.97000000 0.017191456967 Long EC CORP KY N 2 N N N Ryanair Holdings PLC 635400BR2ROC1FVEBQ56 000000000 1280.00000000 NS 35816.37000000 0.032101378792 Long EC CORP IE N 2 N N N Arch Capital Group Ltd 549300AYR4P8AFKDCE43 000000000 1000.00000000 NS USD 95990.00000000 0.086033602799 Long EC CORP BM N 1 N N N Trane Technologies PLC 549300BURLR9SLYY2705 000000000 1984.00000000 NS USD 826812.16000000 0.741052494665 Long EC CORP IE N 1 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 000000000 1780.00000000 NS USD 580155.40000000 0.519979781700 Long EC CORP CH N 1 N N N AerCap Holdings NV 549300SZYINBBLJQU475 000000000 100.00000000 NS USD 13718.00000000 0.012295124108 Long EC CORP NL N 1 N N N Mahindra & Mahindra Ltd 3358003B573EV4KB4Z02 000000000 16459.00000000 NS USD 543147.00000000 0.486810014163 Long EC CORP IN N 1 N N N 2026-04-30 DEUTSCHE DWS VARIABLE SERIES II Diane Kenneally Diane Kenneally Treasurer and Chief Financial Officer XXXX