BOUGHT EUR SOLD USD 20231003

NPORT-P false 0000810893 XXXXXXXX S000048447 C000152877 C000152878 C000152874 C000200467 C000152873 PIMCO Funds 811-05028 0000810893 5493003B5Y5GR0Y25Y76 650 Newport Center Drive Newport Beach 92660 (888) 877-4626 PIMCO Preferred and Capital Securities Fund S000048447 5493000QG7HX2Z070R94 2024-03-31 2023-09-30 N 1017125307.610000 66679186.580000 950446121.030000 0.000000 0.000000 43297288.210000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 GBP USD EUR N ICE BofA 70% Constrained Preferred & Junior Subordinated Securities and 30% Contingent Capital Index P8CO N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -58330.720000 -0.0061372 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 2195033.160000 USD 2021000.000000 EUR 2023-10-03 -58330.720000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -6636.390000 -0.0006982 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 501429.430000 USD 468000.000000 EUR 2023-10-03 -6636.390000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -1935.960000 -0.0002037 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 128805.970000 USD 120000.000000 EUR 2023-10-03 -1935.960000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -1462.480000 -0.0001539 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 116702.740000 USD 109000.000000 EUR 2023-10-03 -1462.480000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -14428.340000 -0.0015181 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 5402174.810000 USD 5096000.000000 EUR 2023-10-03 -14428.340000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -9700.060000 -0.0010206 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 3631838.880000 USD 3426000.000000 EUR 2023-10-03 -9700.060000 N N N N/A N/A SOLD AUD BOUGHT USD 20231003 000000000 1.000000 NC 1531.030000 0.0001611 N/A DFE AU N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 264000.000000 AUD 171269.820000 USD 2023-10-03 1531.030000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 2090528.480000 0.2199523 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 87324000.000000 EUR 94413835.560000 USD 2023-10-03 2090528.480000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 885260.950000 0.0931416 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 36978461.680000 EUR 39980742.980000 USD 2023-10-03 885260.950000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 34057.990000 0.0035834 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 1800000.000000 EUR 1937108.160000 USD 2023-10-03 34057.990000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 447.870000 0.0000471 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 30000.000000 EUR 32165.370000 USD 2023-10-03 447.870000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 8664.160000 0.0009116 N/A DFE N/A N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 611000.000000 EUR 654643.970000 USD 2023-10-03 8664.160000 N N N N/A N/A SOLD GBP BOUGHT USD 20231003 000000000 1.000000 NC 955013.180000 0.1004805 N/A DFE GB N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 25194000.000000 GBP 31694210.720000 USD 2023-10-03 955013.180000 N N N N/A N/A SOLD GBP BOUGHT USD 20231003 000000000 1.000000 NC 44843.240000 0.0047181 N/A DFE GB N 2 HSBC BANK PLC MP6I5ZYZBEU3UXPYFY54 1183000.000000 GBP 1488221.450000 USD 2023-10-03 44843.240000 N N N ATHORA NETHERLANDS NV 724500MKKXKEVWMN9E13 ATHORA NETHERLANDS JR SUBORDINA REGS 12/99 VAR BFFKN0II2 4400000.000000 PA 4374530.840000 0.4602608 Long DBT CORP NL N 2 2025-06-19 Floating 7 N N N N N N N/A N/A BOUGHT EUR SOLD USD 20231102 000000000 1.000000 NC 878.350000 0.0000924 N/A DFE N/A N 2 JPMorgan Chase Bank, National Association 7H6GLXDRUGQFU57RNE97 303985.300000 USD 288000.000000 EUR 2023-11-02 878.350000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC -877.710000 -0.0000923 N/A DFE N/A N 2 JPMorgan Chase Bank, National Association 7H6GLXDRUGQFU57RNE97 288000.000000 EUR 303610.320000 USD 2023-10-03 -877.710000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -12659.630000 -0.0013320 N/A DFE N/A N 2 NOMURA GLOBAL FINANCIAL PRODUCTS INC. 0Z3VO5H2G7GRS05BHJ91 459876.420000 USD 423000.000000 EUR 2023-10-03 -12659.630000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 162008.170000 0.0170455 N/A DFE N/A N 2 Royal Bank of Canada ES7IP3U3RHIGC71XBU11 9000000.000000 EUR 9677259.000000 USD 2023-10-03 162008.170000 N N N N/A N/A SOLD GBP BOUGHT USD 20231102 000000000 1.000000 NC 4575.080000 0.0004814 N/A DFE GB N 2 Royal Bank of Canada ES7IP3U3RHIGC71XBU11 903676.380000 GBP 1107354.190000 USD 2023-11-02 4575.080000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 78672.300000 0.0082774 N/A DFE N/A N 2 STANDARD CHARTERED BANK RILFO74KP1CM8P6PCT96 2751000.000000 EUR 2987167.300000 USD 2023-10-03 78672.300000 N N N AXIS SPECIALTY FINANCE LLC N/A AXIS SPECIALTY FINANCE COMPANY GUAR 01/40 VAR 05463HAC5 7000000.000000 PA USD 5650759.100000 0.5945376 Long DBT CORP US N 2 2040-01-15 Floating 4.9 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC JR SUBORDINA 12/49 VAR 172967HQ7 8754000.000000 NS USD 8539789.620000 0.8985033 Long EP CORP US N 2 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC JR SUBORDINA 12/99 VAR 172967NB3 8400000.000000 NS USD 6713868.000000 0.7063912 Long EP CORP US N 2 N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 CITIGROUP INC JR SUBORDINA 12/99 VAR 172967PE5 9100000.000000 NS USD 8899163.000000 0.9363143 Long EP CORP US N 2 N N N CITIZENS FINANCIAL GROUP INC 2138004JDDA4ZQUPFW65 CITIZENS FINANCIAL GROUP JR SUBORDINA 12/99 VAR 174610BD6 2600000.000000 NS USD 1934868.000000 0.2035747 Long EP CORP US N 2 N N N N/A N/A RFR GBP SONIO/4.25000 03/20/24-30Y LCH 000000000 1.000000 NC -98964.330000 -0.0104124 N/A DIR GB N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 SONIA O/N Deposit Rates Swap N/A N/A Y 2054-03-20 0.000000 GBP -244584.440000 GBP 4900000.000000 GBP 145620.110000 N N N N/A N/A RFR GBP SONIO/4.50000 03/20/24-10Y LCH 000000000 1.000000 NC -167377.020000 -0.0176104 N/A DIR GB N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 SONIA O/N Deposit Rates Swap N/A N/A Y 2034-03-20 0.000000 GBP -224551.000000 GBP 7200000.000000 GBP 57173.980000 N N N N/A N/A RFR GBP SONIO/5.00000 03/20/24-5Y LCH 000000000 1.000000 NC 239967.460000 0.0252479 N/A DIR GB N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 SONIA O/N Deposit Rates Swap N/A N/A Y 2029-03-20 212194.850000 GBP 0.000000 GBP 8100000.000000 GBP 27772.610000 N N N N/A N/A RFR GBP SONIO/5.50000 03/20/24-2Y LCH 000000000 1.000000 NC 190514.210000 0.0200447 N/A DIR GB N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 SONIA O/N Deposit Rates Swap N/A N/A Y 2026-03-20 134104.910000 GBP 0.000000 GBP 14400000.000000 GBP 56409.300000 N N N N/A N/A RFR USD SOFR/1.75000 06/15/22-30Y LCH 000000000 1.000000 NC USD -7832830.440000 -0.8241215 N/A DIR US N 2 LONDON CLEARING HOUSE F226TOH6YD6XJB17KS62 N/A USD-SOFR-COMPOUND Y 2052-06-15 0.000000 USD -4737792.600000 USD 20000000.000000 USD -3095037.840000 N N N BANCA MONTE DEI PASCHI DI SIENA SPA J4CP7MHCXR8DAQMKIL78 BANCA MONTE DEI PASCHI S SUBORDINATED REGS 09/30 VAR ACI1R35P7 5200000.000000 PA 5228890.420000 0.5501512 Long DBT CORP IT N 2 2030-09-10 Floating 8.5 N N N N N N BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA) K8MS7FD7N5Z2WQ51AZ71 BANCO BILBAO VIZCAYA ARG JR SUBORDINA 12/99 VAR 05946KAM3 4900000.000000 PA USD 4874277.940000 0.5128411 Long DBT CORP ES N 2 2029-03-19 Floating 9.375 N N N N Y BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA) BANCO BILBAO VIZCAYA ARGENTA EUR XXXX N N N BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA) K8MS7FD7N5Z2WQ51AZ71 BANCO BILBAO VIZCAYA ARG JR SUBORDINA REGS 12/99 VAR ACI1NVKJ6 3400000.000000 PA 3406003.070000 0.3583584 Long DBT CORP ES N 2 2026-01-15 Floating 6 N N N N Y BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA) BANCO BILBAO VIZCAYA ARGENTA EUR XXXX N N N BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA) K8MS7FD7N5Z2WQ51AZ71 BANCO BILBAO VIZCAYA ARG JR SUBORDINA REGS VAR ACI2GR178 3800000.000000 PA 4021065.710000 0.4230714 Long DBT CORP ES N 2 2028-06-21 Floating 8.375 N N N N Y BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA) BANCO BILBAO VIZCAYA ARGENTA EUR XXXX N N N BANCO MERCANTIL DEL NORTE SA/ GRAND CAYMAN BRANCH 549300QTVYRPFHS0J362 BANCO MERCANTIL DE NORTE JR SUBORDINA 144A 12/99 VAR 05973KAB3 2300000.000000 PA USD 1806075.000000 0.1900239 Long DBT CORP MX N 2 2032-01-24 Floating 6.625 N N N N N N BANCO MERCANTIL DEL NORTE SA/ GRAND CAYMAN BRANCH 549300QTVYRPFHS0J362 BANCO MERCANTIL DE NORTE JR SUBORDINA REGS VAR P1400MAC2 15300000.000000 PA USD 14532538.230000 1.5290228 Long DBT CORP MX N 2 2030-10-14 Floating 8.375 N N N N N N BANCO SANTANDER SA 5493006QMFDDMYWIAM13 BANCO SANTANDER SA JR SUBORDINA 12/99 VAR ACI1XNCB9 5600000.000000 PA 4462569.750000 0.4695237 Long DBT CORP ES N 2 2027-11-12 Floating 4.125 N N N N Y BANCO SANTANDER SA BANCO SANTANDER SA EUR XXXX N N N BANCO SANTANDER SA 5493006QMFDDMYWIAM13 BANCO SANTANDER SA JR SUBORDINA REGS 12/99 VAR ACI1J0GK1 2600000.000000 PA 2293310.780000 0.2412878 Long DBT CORP ES N 2 2026-01-14 Floating 4.375 N N N N Y BANCO SANTANDER SA BANCO SANTANDER SA EUR XXXX N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC 3862.760000 0.0004064 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 741498.560000 USD 705000.000000 EUR 2023-10-03 3862.760000 N N N N/A N/A BOUGHT GBP SOLD USD 20231003 000000000 1.000000 NC -10488.430000 -0.0011035 N/A DFE GB N 2 UBS AG BFM8T61CT2L1QCEMIK50 498528.400000 USD 400000.000000 GBP 2023-10-03 -10488.430000 N N N N/A N/A SOLD EUR BOUGHT USD 20231102 000000000 1.000000 NC -3868.570000 -0.0004070 N/A DFE N/A N 2 UBS AG BFM8T61CT2L1QCEMIK50 705000.000000 EUR 742412.240000 USD 2023-11-02 -3868.570000 N N N N/A N/A LONG GILT FUTURE DEC23 IFLL 20231227 000000000 13.000000 NC 7043.300000 0.0007411 N/A DIR GB N 1 INTERCONTINENTAL EXCHANGE 5493000F4ZO33MV32P92 Long N/A UNITED KINGDOM GOVT 2023-12-27 1493499.920000 GBP 7043.300000 N N N N/A N/A US 10YR ULTRA FUT DEC23 XCBT 20231219 000000000 61.000000 NC USD -150420.930000 -0.0158264 N/A DIR US N 2 CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 Long N/A UNITED STATES GOVT 2023-12-19 6804835.970000 USD -150420.930000 N N N N/A N/A US 2YR NOTE (CBT) DEC23 XCBT 20231229 000000000 297.000000 NC USD -141795.310000 -0.0149188 N/A DIR US N 2 CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 Long N/A UNITED STATES GOVT 2023-12-29 60201667.750000 USD -141795.310000 N N N N/A N/A US 5YR NOTE (CBT) DEC23 XCBT 20231229 000000000 -1124.000000 NC USD 941311.710000 0.0990389 N/A DIR US N 2 CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 Short N/A UNITED STATES GOVT 2023-12-29 -118384422.160000 USD 941311.710000 N N N N/A N/A US ULTRA BOND CBT DEC23 XCBT 20231219 000000000 340.000000 NC USD -2630977.300000 -0.2768150 N/A DIR US N 2 CHICAGO BOARD OF TRADE 549300EX04Q2QBFQTQ27 Long N/A UNITED STATES GOVT 2023-12-19 40444062.500000 USD -2630977.300000 N N N BANK OF IRELAND GROUP PLC 635400C8EK6DRI12LJ39 BANK OF IRELAND GROUP JR SUBORDINA REGS 12/99 VAR BN15PKII7 4100000.000000 PA 4127417.140000 0.4342610 Long DBT CORP IE N 2 2025-09-01 Floating 6 N N N N N N BANK OF IRELAND GROUP PLC 635400C8EK6DRI12LJ39 BANK OF IRELAND GROUP JR SUBORDINA REGS VAR ACI1MF377 12500000.000000 PA 13013149.550000 1.3691623 Long DBT CORP IE N 2 2025-05-19 Floating 7.5 N N N N N N BANKINTER SA VWMYAEQSTOPNV0SUGU82 BANKINTER SA JR SUBORDINA REGS 12/99 VAR ACI1NWQF6 2600000.000000 PA 2598163.770000 0.2733626 Long DBT CORP ES N 2 2026-01-17 Floating 6.25 N N N N Y BANKINTER SA BANKINTER SA EUR XXXX N N N BANKINTER SA VWMYAEQSTOPNV0SUGU82 BANKINTER SA JR SUBORDINA REGS 12/99 VAR ACI2CW6L5 1400000.000000 PA 1412039.540000 0.1485660 Long DBT CORP ES N 2 2028-08-15 Floating 7.375 N N N N Y BANKINTER SA BANKINTER SA EUR XXXX N N N BARCLAYS PLC 213800LBQA1Y9L22JB70 BARCLAYS PLC JR SUBORDINA 12/99 8 06738EBX2 7900000.000000 PA USD 7109538.640000 0.7480212 Long DBT CORP GB N 2 2029-03-15 Floating 8 N N N N Y BARCLAYS PLC BARCLAYS PLC GBP XXXX N N N BARCLAYS PLC 213800LBQA1Y9L22JB70 BARCLAYS PLC JR SUBORDINA 12/99 VAR 06738EBN4 13100000.000000 PA USD 11877743.800000 1.2497020 Long DBT CORP GB N 2 2025-12-15 Floating 6.125 N N N N Y BARCLAYS PLC BARCLAYS PLC GBP XXXX N N N COMPEER FINANCIAL ACA 54930020HTACTODKHT04 COMPEER FINANCIAL ACA JR SUBORDINA 144A VAR 20453QAA0 5000000.000000 NS USD 4525000.000000 0.4760922 Long EP CORP US N 2 N N N DEPOSITORY TRUST & CLEARING CORP (DTCC) MLDY5N6PZ58ZE60QU102 DEPOSITORY TRUST + CLEAR JR SUBORDINA 144A 12/99 VAR 249670AB6 10000000.000000 NS USD 7441600.000000 0.7829586 Long EP CORP US N 2 N N N AIRCASTLE LIMITED 549300PNK8AKY3OIKP58 AIRCASTLE LTD JR SUBORDINA 144A 12/99 VAR 00928QAW1 5200000.000000 NS USD 4114552.000000 0.4329074 Long EP CORP BM N 2 N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS BNP PARIBAS 05565AM34 11000000.000000 PA USD 10469408.400000 1.1015257 Long DBT CORP FR N 2 2029-08-16 Floating 7.75 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS JR SUBORDINA 144A 12/49 VAR 05565AAN3 5800000.000000 PA USD 5686810.680000 0.5983307 Long DBT CORP FR N 2 2025-08-19 Floating 7.375 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS JR SUBORDINA 144A 12/99 VAR 05565A5R0 9500000.000000 PA USD 9317814.700000 0.9803622 Long DBT CORP FR N 2 2028-08-14 Floating 8.5 N N N N Y BNP PARIBAS BNP PARIBAS EUR XXXX N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS JR SUBORDINA REGS 12/99 VAR F1R15XK93 3400000.000000 PA USD 3365437.640000 0.3540903 Long DBT CORP FR N 2 2024-03-25 Floating 6.625 N N N N N N BPCE SA 9695005MSX1OYEMGDF46 BPCE SA SUBORDINATED REGS 10/46 VAR ACI20Y063 2200000.000000 PA 1703907.380000 0.1792745 Long DBT CORP FR N 2 2046-10-13 Floating 2.125 N N N N N N EDISON INTERNATIONAL 549300I7ROF15MAEVP56 EDISON INTERNATIONAL JR SUBORDINA 12/99 VAR 281020AT4 9300000.000000 NS USD 7999209.000000 0.8416268 Long EP CORP US N 2 N N N CAIXABANK SA (AKA: LA CAIXA) 7CUNS533WID6K7DGFI87 CAIXABANK SA JR SUBORDINA REGS 12/99 VAR ACI0VK8S7 4600000.000000 PA 4826875.300000 0.5078536 Long DBT CORP ES N 2 2024-06-13 Floating 6.75 N N N N Y CAIXABANK SA (AKA: LA CAIXA) CAIXABANK SA EUR XXXX N N N CAIXABANK SA (AKA: LA CAIXA) 7CUNS533WID6K7DGFI87 CAIXABANK SA JR SUBORDINA REGS 12/99 VAR ACI1RXY95 9200000.000000 PA 8759020.570000 0.9215694 Long DBT CORP ES N 2 2027-10-09 Floating 5.875 N N N N Y CAIXABANK SA (AKA: LA CAIXA) CAIXABANK SA EUR XXXX N N N CAIXABANK SA (AKA: LA CAIXA) 7CUNS533WID6K7DGFI87 CAIXABANK SA JR SUBORDINA REGS 12/99 VAR ACI2080P8 2400000.000000 PA 1709890.570000 0.1799040 Long DBT CORP ES N 2 2028-09-14 Floating 3.625 N N N N Y CAIXABANK SA (AKA: LA CAIXA) CAIXABANK SA EUR XXXX N N N CAIXABANK SA (AKA: LA CAIXA) 7CUNS533WID6K7DGFI87 CAIXABANK SA JR SUBORDINA REGS 12/99 VAR ACI2DD5W3 5400000.000000 PA 5601864.140000 0.5893931 Long DBT CORP ES N 2 2029-03-13 Floating 8.25 N N N N Y CAIXABANK SA (AKA: LA CAIXA) CAIXABANK SA EUR XXXX N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR 29273VAL4 2900000.000000 NS USD 2686937.000000 0.2827027 Long EP CORP US N 2 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR 29273VAM2 13600000.000000 NS USD 11753528.000000 1.2366327 Long EP CORP US N 2 N N N FARM CREDIT BANK OF TEXAS V1EBJIOLRNYDHDF63Z33 FARM CREDIT BK OF TEXAS JR SUBORDINA 144A VAR 30767EAC3 7000000.000000 NS USD 6238400.000000 0.6563655 Long EP USGSE US N 2 N N N ALLY FINANCIAL INC 549300JBN1OSM8YNAI90 ALLY FINANCIAL INC JR SUBORDINA 12/99 VAR 02005NBN9 8300000.000000 NS USD 5168161.000000 0.5437616 Long EP CORP US N 2 N N N CMS ENERGY CORPORATION 549300IA9XFBAGNIBW29 CMS ENERGY CORP JR SUBORDINA 06/50 VAR 125896BU3 2800000.000000 PA USD 2395567.720000 0.2520467 Long DBT CORP US N 2 2050-06-01 Floating 4.75 N N N N N N COMMERZBANK AG 851WYGNLUQLFZBSYGB56 COMMERZBANK AG JR SUBORDINA REGS 12/99 VAR ACI1R7WZ6 2600000.000000 PA 2331607.760000 0.2453172 Long DBT CORP DE N 2 2029-10-09 Floating 6.5 N N N N N N COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND) DG3RU1DBUFHT4ZF9WN62 COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 12/99 VAR ACI1X3FC8 7800000.000000 PA 6233287.310000 0.6558275 Long DBT CORP NL N 2 2028-06-29 Floating 3.1 N N N N N N COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND) DG3RU1DBUFHT4ZF9WN62 COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 12/99 VAR ACI24Q0C3 1200000.000000 PA 1046062.270000 0.1100601 Long DBT CORP NL N 2 2029-06-29 Floating 4.875 N N N N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC JR SUBORDINA 05/66 VAR 38148BAD0 10600000.000000 NS USD 10578376.000000 1.1129906 Long EP CORP US N 2 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR 38141GA38 7300000.000000 NS USD 7236636.000000 0.7613936 Long EP CORP US N 2 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR 38144GAC5 3100000.000000 NS USD 2690676.000000 0.2830961 Long EP CORP US N 2 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR 38144GAE1 5100000.000000 NS USD 4165527.000000 0.4382707 Long EP CORP US N 2 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR 38144GAG6 9400000.000000 NS USD 7592192.000000 0.7988030 Long EP CORP US N 2 N N N AMERICAN AGCREDIT CORPORATION N/A AMER AGCREDIT ACA JR SUBORDINA 144A VAR 02369GAA3 5000000.000000 NS USD 4471239.000000 0.4704358 Long EP CORP US N 2 N N N CPI PROPERTY GROUP SA 222100CO2ZOTEPGJO223 CPI PROPERTY GROUP SA SUBORDINATED REGS VAR ACI1B8797 5600000.000000 PA 2103115.720000 0.2212767 Long DBT CORP LU N 2 2025-07-16 Floating 4.875 N N N N N N CREDIT AGRICOLE SA 969500TJ5KRTCJQWXH05 CREDIT AGRICOLE SA JR SUBORDINA REGS 12/99 VAR ACI2C4Z01 4600000.000000 PA 4790458.530000 0.5040221 Long DBT CORP FR N 2 2028-09-23 Floating 7.25 N N N N N N CREDIT SUISSE GROUP AG 549300506SI9CRFV9Z86 CREDIT SUISSE GROUP AG COCO JR SUB 144A 952NPL005 21800000.000000 PA USD 2289000.000000 0.2408343 Long DBT CORP US N 2 2060-12-31 None 0 Y N N N N N AMERICAN EXPRESS COMPANY R4PP93JZOLY261QX3811 AMERICAN EXPRESS CO JR SUBORDINA 12/99 VAR 025816CH0 14800000.000000 NS USD 11765556.000000 1.2378983 Long EP CORP US N 2 N N N CREDIT SUISSE GROUP AG 549300506SI9CRFV9Z86 CREDIT SUISSE GP AG COCO JRSUB 144A RVC 952NPGII8 16100000.000000 PA USD 1690500.000000 0.1778638 Long DBT CORP US N 2 2060-12-31 None 0 Y N N N N N CREDIT SUISSE GROUP AG 549300506SI9CRFV9Z86 CREDIT SUISSE GROUP AG JR SUB\xa0 REGS 952NPK007 20650000.000000 PA USD 2168250.000000 0.2281297 Long DBT CORP US N 2 2060-12-31 None 0 Y N N N N N DEUTSCHE BANK AG/NEW YORK BRANCH 7LTWFZYICNSX8D621K86 DEUTSCHE BANK NY SUBORDINATED 07/31 VAR 25160PAE7 5400000.000000 PA USD 4738754.770000 0.4985822 Long DBT CORP DE N 2 2031-07-08 Floating 5.882 N N N N N N DEUTSCHE BANK AKTIENGESELLSCHAFT 7LTWFZYICNSX8D621K86 DEUTSCHE BANK AG JR SUBORDINA REGS 12/99 VAR ACI2B1022 4600000.000000 PA 4824784.060000 0.5076336 Long DBT CORP DE N 2 2027-12-01 Floating 10 N N N N N N DNB BANK ASA 549300GKFG0RYRRQ1414 DNB BANK ASA JR SUBORDINA 11/49 VAR 426332II5 1700000.000000 PA USD 1390957.000000 0.1463478 Long DBT CORP NO N 2 2023-11-23 Floating 5.93406 N N N N N N DRESDNER FUNDING TRUST I 549300ZEO4BKB37E3J03 DRESDNER FNDG TRUST I JR SUBORDINA REGS 06/31 8.151 U24118AA6 1000000.000000 PA USD 1065100.000000 0.1120632 Long DBT CORP US N 2 2031-06-30 Fixed 8.151 N N N N N N EDISON INTERNATIONAL 549300I7ROF15MAEVP56 EDISON INTERNATIONAL JR SUBORDINA 06/53 VAR 281020AX5 3300000.000000 PA USD 3311556.600000 0.3484213 Long DBT CORP US N 2 2053-06-15 Floating 8.125 N N N N N N JP MORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE + CO JR SUBORDINA 10/49 VAR 48126HAC4 2100000.000000 NS USD 2081919.000000 0.2190465 Long EP CORP US N 2 N N N ELECTRICITE DE FRANCE SA (EDF) 549300X3UK4GG3FNMO06 ELECTRICITE DE FRANCE SA JR SUBORDINA 144A 12/99 VAR 28504KAA5 7100000.000000 PA USD 7414075.600000 0.7800627 Long DBT CORP FR N 2 2033-03-15 Floating 9.125 N N N N N N JP MORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR 48128BAG6 21900000.000000 NS USD 20535630.000000 2.1606306 Long EP CORP US N 2 N N N JP MORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE + CO PREFERRED STOCK 4.2 48128B523 75000.000000 NS USD 1357500.000000 0.1428277 Long EP CORP US N 1 N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 ENBRIDGE INC SUBORDINATED 01/84 VAR 29250NBT1 3000000.000000 PA USD 2978295.120000 0.3133576 Long DBT CORP CA N 2 2084-01-15 Floating 8.5 N N N N N N JP MORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 JPMORGAN CHASE + CO PREFERRED STOCK 4.625 48128B549 200000.000000 NS USD 3914000.000000 0.4118066 Long EP CORP US N 1 N N N ERSTE GROUP BANK AG PQOH26KWDF7CG10L6792 ERSTE GROUP BANK AG JR SUBORDINA REGS 12/99 VAR ACI2JNG78 2200000.000000 PA 2328538.990000 0.2449943 Long DBT CORP AT N 2 2028-10-15 Floating 8.5 N N N N N N ERSTE GROUP BANK AG PQOH26KWDF7CG10L6792 ERSTE GROUP BANK AG JR SUBORDINA REGS 12/99 VAR BDRXT5II9 2600000.000000 PA 2734253.850000 0.2876811 Long DBT CORP AT N 2 2024-04-15 Floating 6.5 N N N N N N ERSTE GROUP BANK AG PQOH26KWDF7CG10L6792 ERSTE GROUP BANK AG JR SUBORDINA REGS 12/99 VAR BN13P8II9 7600000.000000 PA 6416831.420000 0.6751389 Long DBT CORP AT N 2 2027-10-15 Floating 4.25 N N N N N N METLIFE INC C4BXATY60WC6XEOZDX54 METLIFE INC JR SUBORDINA 12/99 VAR 59156RBT4 4500000.000000 NS USD 4245210.000000 0.4466545 Long EP CORP US N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY JR SUBORDINA VAR 61745VAB9 11700000.000000 NS USD 11973078.000000 1.2597324 Long EP CORP US N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY JR SUBORDINA VAR 61762VAA9 2700000.000000 NS USD 2481651.000000 0.2611038 Long EP CORP US N 2 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY PREFERRED STOCK 4.875 61762V804 180000.000000 NS USD 3603600.000000 0.3791483 Long EP CORP US N 1 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 MORGAN STANLEY PREFERRED STOCK VAR 61762V606 361506.000000 NS USD 8397784.380000 0.8835624 Long EP CORP US N 1 N N N NATIONWIDE BUILDING SOCIETY 549300XFX12G42QIKN82 NATIONWIDE BLDG SOCIETY JR SUBORDINA REGS 06/49 VAR ACI07BWB4 73204.000000 NS 10182046.230000 1.0712913 Long EP CORP GB N 2 N N N PIMCO FUNDS LWVQWTQCFH3YG7CVH718 PIMCO PRV SHORT TERM FLT III MUTUAL FUND 000000000 9116109.750000 PA USD 88617702.900000 9.3238008 Long STIV RF US N 1 N N N PNC FINANCIAL SERVICES GROUP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR 693475BC8 17200000.000000 NS USD 12748812.000000 1.3413503 Long EP CORP US N 2 N N N PNC FINANCIAL SERVICES GROUP INC CFGNEKW0P8842LEUIA51 PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR 693475BP9 6800000.000000 NS USD 5868264.000000 0.6174221 Long EP CORP US N 2 N N N SEMPRA PBBKGKLRK5S5C0Y4T545 SEMPRA JR SUBORDINA 12/99 VAR 816851BK4 11200000.000000 NS USD 10643696.000000 1.1198632 Long EP CORP US N 2 N N N FREEDOM MORTGAGE CORPORATION 549300LYRWPSYPK6S325 FREEDOM MORTGAGE CORP SR UNSECURED 144A 01/27 6.625 35640YAJ6 4800000.000000 PA USD 4223686.560000 0.4443899 Long DBT CORP US N 2 2027-01-15 Fixed 6.625 N N N N N N STICHTING AK RABOBANK CERTIFICATEN N/A STICHTING AK RABOBANK JR SUBORDINA REGS 12/49 VAR BJBQCWII7 19439725.000000 NS 18938086.170000 1.9925471 Long EP CORP NL N 2 N N N SVB FINANCIAL GROUP 549300D2KJ20JMXE7542 SVB FINANCIAL GROUP JR SUBORDINA 12/99 VAR 78486QAG6 28200000.000000 NS USD 1018020.000000 0.1071097 Long EP CORP US N 2 N N N SVB FINANCIAL GROUP 549300D2KJ20JMXE7542 SVB FINANCIAL GROUP JR SUBORDINA 12/99 VAR 000000000 10000000.000000 NS USD 377100.000000 0.0396761 Long EP CORP US N 2 N N N TRUIST FINANCIAL CORPORATION 549300DRQQI75D2JP341 TRUIST FIN CORP JR SUBORDINA 12/99 VAR 89832QAB5 5000000.000000 NS USD 4936800.000000 0.5194192 Long EP CORP US N 2 N N N TRUIST FINANCIAL CORPORATION 549300DRQQI75D2JP341 TRUIST FINANCIAL CORP JR SUBORDINA 12/99 VAR 89832QAF6 5600000.000000 NS USD 4804688.000000 0.5055192 Long EP CORP US N 2 N N N BANK OF AMERICA CORPORATION 9DJT3UXIJIZJI4WXO774 BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR 060505FL3 44510000.000000 NS USD 40410629.000000 4.2517538 Long EP CORP US N 2 N N N HSBC BANK CAPITAL FUNDING (STERLING 1) LP 2138007XGRZME1ZCTY76 HSBC BNK CAO FND STER 1 COMPANY GUAR REGS 11/49 VAR 770567II8 3913000.000000 PA 4764167.790000 0.5012560 Long DBT CORP JE N 2 2031-11-05 Floating 5.844 N N N N N N HSBC HOLDINGS PLC MLU0ZO3ML4LN2LL2TL39 HSBC HOLDINGS PLC JR SUBORDINA 12/49 VAR 404280AT6 12300000.000000 PA USD 11832356.460000 1.2449266 Long DBT CORP GB N 2 2025-03-30 Floating 6.375 N N N N Y HSBC HOLDINGS PLC HSBC HOLDINGS PLC GBP XXXX N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 WELLS FARGO + COMPANY JR SUBORDINA 12/49 VAR 949746RG8 6650000.000000 NS USD 6557033.000000 0.6898900 Long EP CORP US N 2 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR 949746TD3 8800000.000000 NS USD 7683808.000000 0.8084422 Long EP CORP US N 2 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR 95002YAA1 17400000.000000 NS USD 17627418.000000 1.8546467 Long EP CORP US N 2 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 WELLS FARGO + COMPANY PREFERRED STOCK 4.25 95002Y400 150000.000000 NS USD 2503500.000000 0.2634026 Long EP CORP US N 1 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 WELLS FARGO + COMPANY PREFERRED STOCK 4.75 94988U151 80200.000000 NS USD 1490116.000000 0.1567807 Long EP CORP US N 1 N N N ING GROEP NV 549300NYKK9MWM7GGW15 ING GROEP NV JR SUBORDINA 12/49 VAR 456837AF0 17648000.000000 PA USD 16656229.170000 1.7524643 Long DBT CORP NL N 2 2025-04-16 Floating 6.5 N N N N Y ING GROEP NV ING GROEP NV EUR XXXX N N N ING GROEP NV 549300NYKK9MWM7GGW15 ING GROEP NV JR SUBORDINA 12/99 VAR 456837AZ6 3400000.000000 PA USD 2200468.440000 0.2315195 Long DBT CORP NL N 2 2031-05-16 Floating 4.25 N N N N Y ING GROEP NV ING GROEP NV EUR XXXX N N N ING GROEP NV 549300NYKK9MWM7GGW15 ING GROEP NV JR SUBORDINA REGS 12/99 VAR ACI2CX484 7800000.000000 PA USD 7170852.000000 0.7544722 Long DBT CORP NL N 2 2028-05-16 Floating 7.5 N N N N Y ING GROEP NV ING GROEP NV EUR XXXX N N N INTESA SANPAOLO SPA 2W8N8UU78PMDQKZENC08 INTESA SANPAOLO SPA COMPANY GUAR 144A 12/49 VAR 46115HAU1 8700000.000000 PA USD 8178494.160000 0.8604900 Long DBT CORP IT N 2 2025-09-17 Floating 7.7 N N N N N N INTESA SANPAOLO SPA 2W8N8UU78PMDQKZENC08 INTESA SANPAOLO SPA JR SUBORDINA REGS 12/99 VAR ACI1QR2N3 9100000.000000 PA 7750802.450000 0.8154910 Long DBT CORP IT N 2 2031-09-01 Floating 5.875 N N N N N N INTESA SANPAOLO SPA 2W8N8UU78PMDQKZENC08 INTESA SANPAOLO SPA JR SUBORDINA REGS 12/99 VAR ACI2JKKB0 8500000.000000 PA 9098958.610000 0.9573356 Long DBT CORP IT N 2 2029-09-07 Floating 9.125 N N N N N N INTESA SANPAOLO SPA 2W8N8UU78PMDQKZENC08 INTESA SANPAOLO SPA SR UNSECURED 144A 11/33 VAR 46115HBV8 9700000.000000 PA USD 9784318.410000 1.0294448 Long DBT CORP IT N 2 2033-11-21 Floating 8.248 N N N N N N KBC GROEP NV 213800X3Q9LSAKRUWY91 KBC GROUP NV JR SUBORDINA REGS 12/99 VAR ACI196JR1 2000000.000000 PA 2080139.560000 0.2188593 Long DBT CORP BE N 2 2024-03-05 Floating 4.75 N N N N N N KBC GROEP NV 213800X3Q9LSAKRUWY91 KBC GROUP NV JR SUBORDINA REGS 12/99 VAR ACI2JH1W2 6400000.000000 PA 6710192.100000 0.7060045 Long DBT CORP BE N 2 2028-09-05 Floating 8 N N N N N N ABN AMRO BANK NV BFXS5XCH7N0Y05NIXW11 ABN AMRO BANK NV JR SUBORDINA REGS 12/99 VAR ACI0Y09G3 8200000.000000 PA 7186541.210000 0.7561229 Long DBT CORP NL N 2 2027-09-22 Floating 4.75 N N N N N N LEASEPLAN CORPORATION NV 724500C60L930FVHS484 LEASEPLAN CORPORATION NV JR SUBORDINA REGS 12/99 VAR ACI1C6B95 6400000.000000 PA 6720287.580000 0.7070667 Long DBT CORP NL N 2 2024-05-29 Floating 7.375 N N N N N N LEGAL & GENERAL GROUP PLC 213800JH9QQWHLO99821 LEGAL + GENERAL GROUP JR SUBORDINA REGS 12/99 VAR ACI1N5DJ1 1400000.000000 PA 1357885.810000 0.1428683 Long DBT CORP GB N 2 2031-03-24 Floating 5.625 N N N N Y LEGAL & GENERAL GROUP PLC LEGAL & GENERAL GROUP PLC GBP XXXX N N N LIBERTY MUTUAL GROUP INC QUR0DG15Z6FFGYCHH861 LIBERTY MUTUAL GROUP INC COMPANY GUAR 144A 02/61 4.3 53079EBL7 5100000.000000 PA USD 3023729.310000 0.3181379 Long DBT CORP US N 2 2061-02-01 Fixed 4.3 N N N N N N LIBERTY MUTUAL GROUP INC QUR0DG15Z6FFGYCHH861 LIBERTY MUTUAL GROUP INC COMPANY GUAR 144A 05/59 VAR ACI1C2120 4100000.000000 PA 4129172.700000 0.4344457 Long DBT CORP US N 2 2059-05-23 Floating 3.625 N N N N N N LIBERTY MUTUAL GROUP INC QUR0DG15Z6FFGYCHH861 LIBERTY MUTUAL GROUP INC COMPANY GUAR 144A 12/51 VAR 53079EBM5 7000000.000000 PA USD 5766355.000000 0.6066998 Long DBT CORP US N 2 2051-12-15 Floating 4.125 N N N N N N LLOYDS BANKING GROUP PLC 549300PPXHEU2JF0AM85 LLOYDS BANKING GROUP PLC JR SUBORDINA 04/49 VAR 539439AG4 10400000.000000 PA USD 10158364.010000 1.0687996 Long DBT CORP GB N 2 2024-06-27 Floating 7.5 N N N N Y LLOYDS BANKING GROUP PLC LLOYDS BANKING GROUP PLC GBP XXXX N N N LLOYDS BANKING GROUP PLC 549300PPXHEU2JF0AM85 LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR 539439AU3 12560000.000000 PA USD 11765909.070000 1.2379354 Long DBT CORP GB N 2 2025-09-27 Floating 7.5 N N N N Y LLOYDS BANKING GROUP PLC LLOYDS BANKING GROUP PLC GBP XXXX N N N LLOYDS BANKING GROUP PLC 549300PPXHEU2JF0AM85 LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR 53944YAV5 12500000.000000 PA USD 11237081.250000 1.1822955 Long DBT CORP GB N 2 2029-09-27 Floating 8 N N N N Y LLOYDS BANKING GROUP PLC LLOYDS BANKING GROUP PLC GBP XXXX N N N MIDCAP FINANCIAL ISSUER TRUST N/A MIDCAP FINANCIAL ISSR TR SR UNSECURED 144A 05/28 6.5 59567LAA2 4940000.000000 PA USD 4270276.200000 0.4492918 Long DBT CORP US N 2 2028-05-01 Fixed 6.5 N N N N N N NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION 4NYF266XZC35SCTGX023 NATIONAL RURAL UTIL COOP SUBORDINATED 09/53 VAR 637432PB5 5000000.000000 PA USD 5080600.000000 0.5345490 Long DBT CORP US N 2 2053-09-15 Floating 7.125 N N N N N N NATIONWIDE BUILDING SOCIETY 549300XFX12G42QIKN82 NATIONWIDE BLDG SOCIETY JR SUBORDINA REGS VAR ACI1FMS40 400000.000000 PA 458789.290000 0.0482709 Long DBT CORP GB N 2 2024-12-20 Floating 5.875 N N N N Y NATIONWIDE BUILDING SOCIETY Nationwide Building Society Core Capital Deferred Shares GBP XXXX N N N NATWEST GROUP PLC 2138005O9XJIJN4JPN90 NATWEST GROUP PLC JR SUBORDINA 12/49 VAR 780099CK1 12700000.000000 PA USD 12353226.500000 1.2997293 Long DBT CORP GB N 2 2025-08-10 Floating 8 N N N N Y NATWEST GROUP PLC NATWEST GROUP PLC GBP XXXX N N N NATWEST GROUP PLC 2138005O9XJIJN4JPN90 NATWEST GROUP PLC JR SUBORDINA 12/99 VAR 639057AD0 5950000.000000 PA USD 3953079.450000 0.4159183 Long DBT CORP GB N 2 2031-06-28 Floating 4.6 N N N N Y NATWEST GROUP PLC NATWEST GROUP PLC GBP XXXX N N N NATWEST GROUP PLC 2138005O9XJIJN4JPN90 NATWEST GROUP PLC JR SUBORDINA 12/99 VAR 780097BQ3 13300000.000000 PA USD 12238137.310000 1.2876203 Long DBT CORP GB N 2 2025-12-29 Floating 6 N N N N Y NATWEST GROUP PLC NATWEST GROUP PLC GBP XXXX N N N NORDEA BANK ABP 529900ODI3047E2LIV03 NORDEA BANK ABP JR SUBORDINA 144A 12/99 VAR 65559CAD3 10600000.000000 PA USD 7734126.760000 0.8137365 Long DBT CORP FI N 2 2029-03-01 Floating 3.75 N N N N Y NORDEA BANK ABP NORDEA BANK ABP 144A RVC USD XXXX N N N ALFA BANK AO VIA ALFA BOND ISSUANCE PLC 54930015QM0G7XTNYR27 ALFA BANK (ALFA BOND) SUBORDINATED REGS 04/30 VAR ACI1G2134 5000000.000000 PA USD 300000.000000 0.0315641 Long DBT CORP IE N 3 2030-04-15 Floating 5.95 Y Y N N N N PENNYMAC FINANCIAL SERVICES INC 549300W1D516HBDEU871 PENNYMAC FIN SVCS INC COMPANY GUAR 144A 02/29 4.25 70932MAB3 6200000.000000 PA USD 5022135.780000 0.5283977 Long DBT CORP US N 2 2029-02-15 Fixed 4.25 N N N N N N PENNYMAC FINANCIAL SERVICES INC 549300W1D516HBDEU871 PENNYMAC FIN SVCS INC COMPANY GUAR 144A 09/31 5.75 70932MAC1 1500000.000000 PA USD 1228776.450000 0.1292842 Long DBT CORP US N 2 2031-09-15 Fixed 5.75 N N N N N N PRUDENTIAL FINANCIAL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINANCIAL INC JR SUBORDINA 03/52 VAR 744320BJ0 5900000.000000 PA USD 5095678.370000 0.5361354 Long DBT CORP US N 2 2052-03-01 Floating 5.125 N N N N N N PRUDENTIAL FINANCIAL INC 5PRBRS5FEH7NREC8OR45 PRUDENTIAL FINANCIAL INC JR SUBORDINA 09/52 VAR 744320BK7 3000000.000000 PA USD 2753576.070000 0.2897141 Long DBT CORP US N 2 2052-09-01 Floating 6 N N N N N N BRIGHTHOUSE HOLDINGS LLC N/A BRIGHTHOUSE HLDGS LLC JR SUBORDINA 144A VAR 10924BAA5 2000000.000000 NS USD 1710000.000000 0.1799155 Long EP CORP US N 2 N N N SANTANDER UK GROUP HOLDINGS PLC 549300F5XIFGNNW4CF72 SANTANDER UK GROUP HLDGS JR SUBORDINA REGS 12/99 VAR ACI0TF455 4400000.000000 PA 5227518.130000 0.5500068 Long DBT CORP GB N 2 2024-06-24 Floating 6.75 N N N N N N SEMPRA PBBKGKLRK5S5C0Y4T545 SEMPRA JR SUBORDINA 04/52 VAR 816851BM0 4800000.000000 PA USD 3890681.520000 0.4093532 Long DBT CORP US N 2 2052-04-01 Floating 4.125 N N N N N N SNS BANK (AKA: DE VOLKSBANK NV) 724500A1FNICHSDF2I11 DE VOLKSBANK NV JR SUBORDINA REGS 12/99 VAR ACI2680V9 2200000.000000 PA 2031917.530000 0.2137857 Long DBT CORP NL N 2 2027-12-15 Floating 7 N N N N N N SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 SOCIETE GENERALE JR SUBORDINA 144A 12/49 VAR 83368JFA3 4300000.000000 PA USD 4201392.400000 0.4420442 Long DBT CORP FR N 2 2025-09-29 Floating 8 N N N N N N SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 SOCIETE GENERALE JR SUBORDINA 144A 12/99 VAR 83370RAC2 3600000.000000 PA USD 3536517.960000 0.3720903 Long DBT CORP FR N 2 2027-11-22 Floating 9.375 N N N N N N SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 SOCIETE GENERALE JR SUBORDINA REGS 12/49 VAR F43628B41 1450000.000000 PA USD 1416748.600000 0.1490614 Long DBT CORP FR N 2 2025-09-29 Floating 8 N N N N N N SOUTH JERSEY INDUSTRIES INC 549300DJYWYT5VXLFA46 SOUTH JERSEY INDUSTRIES JR SUBORDINA 04/31 5.02 838518AA6 9700000.000000 PA USD 7359090.950000 0.7742776 Long DBT CORP US N 2 2031-04-15 Variable 5.02 N N N N N N STANDARD CHARTERED PLC U4LOSYZ7YG4W3S5F2G91 STANDARD CHARTERED PLC JR SUBORDINA 144A 12/99 VAR 853254CM0 6500000.000000 PA USD 6311091.150000 0.6640136 Long DBT CORP GB N 2 2027-08-15 Floating 7.75 N N N N Y STANDARD CHARTERED PLC STANDARD CHARTERED PLC GBP XXXX N N N SVENSKA HANDELSBANKEN AB NHBDILHZTYCNBV5UYZ31 SVENSKA HANDELSBANKEN AB JR SUBORDINA REGS 12/99 VAR ACI1RWDZ2 3000000.000000 PA USD 2590878.000000 0.2725960 Long DBT CORP SE N 2 2027-03-01 Floating 4.375 N N N N Y SVENSKA HANDELSBANKEN AB SVENSKA HANDELSBANKEN-A SHS SEK XXXX N N N SVENSKA HANDELSBANKEN AB NHBDILHZTYCNBV5UYZ31 SVENSKA HANDELSBANKEN AB JR SUBORDINA REGS 12/99 VAR ACI1RWFN7 1600000.000000 PA USD 1230072.000000 0.1294205 Long DBT CORP SE N 2 2031-03-01 Floating 4.75 N N N N Y SVENSKA HANDELSBANKEN AB SVENSKA HANDELSBANKEN-A SHS SEK XXXX N N N TEXTRON FINANCIAL CORPORATION 4E8B2CNXPE5P5AY03O18 TEXTRON FINANCIAL CORP JR SUBORDINA 144A 02/67 VAR 883199AR2 13042000.000000 PA USD 10381245.370000 1.0922497 Long DBT CORP US N 2 2067-02-15 Floating 7.36118 N N N N N N THE BANK OF NOVA SCOTIA L3I9ZG2KFGXZ61BMYR72 BANK OF NOVA SCOTIA JR SUBORDINA 10/81 VAR 0641598N9 5200000.000000 PA USD 3715146.760000 0.3908845 Long DBT CORP CA Y 2 2081-10-27 Floating 3.625 N N N N Y THE BANK OF NOVA SCOTIA BANK OF NOVA SCOTIA CAD XXXX N N N THE BANK OF NOVA SCOTIA L3I9ZG2KFGXZ61BMYR72 BANK OF NOVA SCOTIA JR SUBORDINA 12/99 VAR 064159VJ2 6500000.000000 PA USD 5961254.000000 0.6272059 Long DBT CORP CA N 2 2025-06-04 Floating 4.9 N N N N Y THE BANK OF NOVA SCOTIA BANK OF NOVA SCOTIA CAD XXXX N N N TORONTO-DOMINION BANK PT3QB789TSUIDF371261 TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR 89117F8Z5 6300000.000000 PA USD 6283329.570000 0.6610927 Long DBT CORP CA N 2 2082-10-31 Floating 8.125 N N N N Y TORONTO-DOMINION BANK TORONTO-DOMINION BANK CAD XXXX N N N CAPITAL ONE FINANCIAL CORPORATION ZUE8T73ROZOF6FLBAR73 CAPITAL ONE FINANCIAL CO JR SUBORDINA 12/99 VAR 14040HCF0 4700000.000000 NS USD 3536985.000000 0.3721395 Long EP CORP US N 2 N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 UBS GROUP AG JR SUBORDINA 144A 12/99 VAR 902613AJ7 17400000.000000 PA USD 14610999.240000 1.5372780 Long DBT CORP CH N 2 2027-02-12 Floating 4.875 N N N N N N UNICREDIT SPA 549300TRUWO2CD2G5692 UNICREDIT SPA SR UNSECURED 144A 06/32 3.127 904678AY5 7800000.000000 PA USD 5970147.850000 0.6281416 Long DBT CORP IT N 2 2032-06-03 Floating 3.127 N N N N N N UNICREDIT SPA 549300TRUWO2CD2G5692 UNICREDIT SPA SUBORDINATED 144A 06/35 VAR 904678AS8 10100000.000000 PA USD 8473828.690000 0.8915633 Long DBT CORP IT N 2 2035-06-30 Floating 5.459 N N N N N N UNITED STATES GOVT 254900HROIFWPRGM1V77 TREASURY BILL 10/23 0.00000 912796YJ2 505000.000000 PA USD 504778.430000 0.0531096 Long DBT UST US N 2 2023-10-05 None 0 N N N N N N UNITED STATES GOVT 254900HROIFWPRGM1V77 TREASURY BILL 11/23 0.00000 912797FK8 264000.000000 PA USD 262254.300000 0.0275928 Long DBT UST US N 2 2023-11-16 None 0 N N N N N N USB REALTY CORP N/A USB REALTY CORP JR SUBORDINA 144A 12/49 VAR 903312AA4 6567000.000000 PA USD 4792285.780000 0.5042144 Long DBT CORP US N 2 2027-01-15 Floating 6.71657 N N N N N N VIRGIN MONEY UK PLC 213800ZK9VGCYYR6O495 VIRGIN MONEY UK PLC JR SUBORDINA REGS VAR BJBT2KII8 5300000.000000 PA 6322545.860000 0.6652188 Long DBT CORP GB N 2 2024-06-08 Floating 9.25 N N N N Y VIRGIN MONEY UK PLC VIRGIN MONEY UK PLC GBP XXXX N N N VIRGIN MONEY UK PLC 213800ZK9VGCYYR6O495 VIRGIN MONEY UK PLC SUBORDINATED REGS 12/28 VAR ACI16WF00 900000.000000 PA 1096731.600000 0.1153912 Long DBT CORP GB N 2 2028-12-14 Floating 7.875 N N N N N N VOLKSWAGEN INTERNATIONAL FINANCE NV 5299004PWNHKYTR23649 VOLKSWAGEN INTL FIN NV COMPANY GUAR REGS 12/99 VAR ACI2JH3G5 900000.000000 PA 961080.300000 0.1011189 Long DBT CORP NL N 2 2028-09-06 Floating 7.5 N N N N N N VOLKSWAGEN INTERNATIONAL FINANCE NV 5299004PWNHKYTR23649 VOLKSWAGEN INTL FIN NV COMPANY GUAR REGS 12/99 VAR ACI2JH4L3 900000.000000 PA 966249.930000 0.1016628 Long DBT CORP NL N 2 2032-09-06 Floating 7.875 N N N N N N VOYA FINANCIAL INC 549300T065Z4KJ686G75 VOYA FINANCIAL INC COMPANY GUAR 01/48 VAR 929089AF7 3000000.000000 PA USD 2419439.760000 0.2545583 Long DBT CORP US N 2 2048-01-23 Floating 4.7 N N N N N N N/A N/A FIXED INC CLEARING CORP.REPO 000000000 10140000.000000 PA USD 10140000.000000 1.0668674 Long RA US N 2 Repurchase N 2.6000000 2023-10-02 10325100.000000 USD 10342837.490000 USD UST N N N N/A N/A REVERSE REPO BANK OF AMERICA REVERSE REPO 000000000 -5151405.420000 PA USD -5220409.920000 -0.5492589 Short RA US N 2 Reverse repurchase N 5.8100000 2023-10-10 7000000.000000 USD 5650759.100000 USD CDS N N N N/A N/A REVERSE REPO BANK OF AMERICA REVERSE REPO 000000000 -18226513.000000 PA USD -18345361.490000 -1.9301843 Short RA US N 2 Reverse repurchase N 5.9100000 2023-10-10 24000000.000000 USD 21093160.210000 USD CDS N N N N/A N/A REVERSE REPO JPM CHASE 000000000 -5466249.000000 PA USD -5470659.960000 -0.5755886 Short RA US N 2 Reverse repurchase N 5.8100000 2023-10-03 6500000.000000 USD 5961254.000000 USD CDS N N N N/A N/A REVERSE REPO JPM CHASE 000000000 -12711539.000000 PA USD -12889662.980000 -1.3561698 Short RA US N 2 Reverse repurchase N 5.8100000 2023-10-03 18367000.000000 USD 13910640.730000 USD CDS N N N N/A N/A REVERSE REPO JPM CHASE 000000000 -987222.000000 PA USD -993124.770000 -0.1044904 Short RA US N 2 Reverse repurchase N 3.2500000 2025-07-25 1000000.000000 USD 970937.100000 USD CDS N N N N/A N/A REVERSE REPO JPM CHASE 000000000 -377623.280000 PA USD -378069.090000 -0.0397781 Short RA US N 2 Reverse repurchase N 4.2500000 2025-09-21 550000.000000 USD 365410.710000 USD CDS N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 10848.810000 0.0011414 N/A DFE N/A N 2 Australia and New Zealand Banking Group JHE42UYNWWTJB8YTTU19 376000.000000 EUR 408374.840000 USD 2023-10-03 10848.810000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -18883.600000 -0.0019868 N/A DFE N/A N 2 Bank of America, National Association B4TYDEB6GKMZO031MB27 2916806.100000 USD 2741000.000000 EUR 2023-10-03 -18883.600000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC 50675.200000 0.0053317 N/A DFE N/A N 2 Bank of America, National Association B4TYDEB6GKMZO031MB27 42807241.450000 USD 40537160.460000 EUR 2023-10-03 50675.200000 N N N N/A N/A BOUGHT EUR SOLD USD 20231102 000000000 1.000000 NC 4273.400000 0.0004496 N/A DFE N/A N 2 Bank of America, National Association B4TYDEB6GKMZO031MB27 3622333.780000 USD 3426000.000000 EUR 2023-11-02 4273.400000 N N N CHARLES SCHWAB CORP/THE 549300VSGCJ7E698NM85 CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR 808513AR6 6375000.000000 NS USD 4887138.750000 0.5141942 Long EP CORP US N 2 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC -4282.820000 -0.0004506 N/A DFE N/A N 2 Bank of America, National Association B4TYDEB6GKMZO031MB27 3426000.000000 EUR 3617856.000000 USD 2023-10-03 -4282.820000 N N N N/A N/A SOLD EUR BOUGHT USD 20231102 000000000 1.000000 NC -50563.750000 -0.0053200 N/A DFE N/A N 2 Bank of America, National Association B4TYDEB6GKMZO031MB27 40537160.460000 EUR 42860223.510000 USD 2023-11-02 -50563.750000 N N N CHARLES SCHWAB CORP/THE 549300VSGCJ7E698NM85 CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR 808513BJ3 26100000.000000 NS USD 18436518.000000 1.9397752 Long EP CORP US N 2 N N N N/A N/A SOLD AUD BOUGHT USD 20231102 000000000 1.000000 NC -1482.890000 -0.0001560 N/A DFE AU N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 264000.000000 AUD 168424.210000 USD 2023-11-02 -1482.890000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -102273.380000 -0.0107606 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 44238036.490000 USD 41745811.540000 EUR 2023-10-03 -102273.380000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC -204687.320000 -0.0215359 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 88536875.300000 USD 83549000.000000 EUR 2023-10-03 -204687.320000 N N N N/A N/A BOUGHT EUR SOLD USD 20231003 000000000 1.000000 NC 461.120000 0.0000485 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 304026.910000 USD 288000.000000 EUR 2023-10-03 461.120000 N N N N/A N/A BOUGHT EUR SOLD USD 20231102 000000000 1.000000 NC -2006.800000 -0.0002111 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 821327.860000 USD 774000.000000 EUR 2023-11-02 -2006.800000 N N N N/A N/A BOUGHT GBP SOLD USD 20231003 000000000 1.000000 NC 96.810000 0.0000102 N/A DFE GB N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 30800.540000 USD 25323.620000 GBP 2023-10-03 96.810000 N N N N/A N/A BOUGHT GBP SOLD USD 20231003 000000000 1.000000 NC 90497.250000 0.0095216 N/A DFE GB N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 28791708.200000 USD 23672000.000000 GBP 2023-10-03 90497.250000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 1036790.650000 0.1090846 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 31490510.320000 EUR 34330135.600000 USD 2023-10-03 1036790.650000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 117188.220000 0.0123298 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 4049000.000000 EUR 4397993.840000 USD 2023-10-03 117188.220000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC 38956.100000 0.0040987 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 2400000.000000 EUR 2576356.320000 USD 2023-10-03 38956.100000 N N N N/A N/A SOLD EUR BOUGHT USD 20231003 000000000 1.000000 NC -1128.770000 -0.0001188 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 705000.000000 EUR 744232.550000 USD 2023-10-03 -1128.770000 N N N N/A N/A SOLD EUR BOUGHT USD 20231102 000000000 1.000000 NC 102054.190000 0.0107375 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 41745811.540000 EUR 44292264.300000 USD 2023-11-02 102054.190000 N N N N/A N/A SOLD EUR BOUGHT USD 20231102 000000000 1.000000 NC 204248.630000 0.0214898 N/A DFE N/A N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 83549000.000000 EUR 88645405.450000 USD 2023-11-02 204248.630000 N N N N/A N/A SOLD GBP BOUGHT USD 20231102 000000000 1.000000 NC -90907.530000 -0.0095647 N/A DFE GB N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 23672000.000000 GBP 28796631.970000 USD 2023-11-02 -90907.530000 N N N N/A N/A SOLD GBP BOUGHT USD 20231102 000000000 1.000000 NC -97.250000 -0.0000102 N/A DFE GB N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 25323.620000 GBP 30805.800000 USD 2023-11-02 -97.250000 N N N N/A N/A BOUGHT GBP SOLD USD 20231003 000000000 1.000000 NC 1612.120000 0.0001696 N/A DFE GB N 2 Citibank, National Association E57ODZWZ7FF32TWEFA76 1367340.000000 USD 1122000.000000 GBP 2023-10-03 1612.120000 N N N N/A N/A BOUGHT GBP SOLD USD 20231003 000000000 1.000000 NC 364.950000 0.0000384 N/A DFE GB N 2 Citibank, National Association E57ODZWZ7FF32TWEFA76 309540.430000 USD 254000.000000 GBP 2023-10-03 364.950000 N N N N/A N/A EURO-BUND FUTURE DEC23 XEUR 20231207 000000000 -89.000000 NC 328889.110000 0.0346037 N/A DIR DE N 1 EUREX DEUTSCHLAND 529900UT4DG0LG5R9O07 Short N/A GERMANY GOVT 2023-12-07 -12104414.020000 EUR 328889.110000 N N N N/A N/A EURO-BUXL 30Y BND DEC23 XEUR 20231207 000000000 -90.000000 NC 1018042.400000 0.1071121 N/A DIR DE N 1 EUREX DEUTSCHLAND 529900UT4DG0LG5R9O07 Short N/A GERMANY GOVT 2023-12-07 -11642860.920000 EUR 1018042.400000 N N N N/A N/A EURO-SCHATZ FUT DEC23 XEUR 20231207 000000000 276.000000 NC -115081.630000 -0.0121082 N/A DIR DE N 1 EUREX DEUTSCHLAND 529900UT4DG0LG5R9O07 Long N/A GERMANY GOVT 2023-12-07 30636189.670000 EUR -115081.630000 N N N 2023-11-14 PIMCO Funds /s/ Bijal Parikh Bijal Parikh Treasurer