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6.000 1301772.60 1328106.15 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140B6QQ1 2055-03-01 6.500 145434.17 151588.32 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140B6QV0 2055-03-01 6.000 746155.90 775820.82 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140GT6E5 2047-08-01 3.500 58417.28 10777.92 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140HFL23 2050-03-01 2.500 474572.42 228476.21 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140KNR34 2050-10-01 2.000 270932.40 154938.99 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140KSF36 2036-09-01 1.500 36328.00 20836.23 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140LTZX5 2051-09-01 4.000 78183.55 51034.18 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140M7E80 2055-01-01 7.000 135982.35 143333.16 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140NJQB3 2053-04-01 4.000 33120.85 26066.80 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QNU67 2052-04-01 3.000 300150.60 219201.48 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QPKU0 2052-06-01 3.500 276675.10 212717.43 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QRLA9 2053-02-01 7.000 118793.13 90940.05 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QTYC7 2053-11-01 6.000 165592.82 139989.65 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QVQU1 2054-11-01 5.000 9295234.63 9008803.81 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140W0BZ7 2039-11-01 5.000 73552.09 68468.87 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140W0KX2 2055-01-01 6.000 1697802.24 1713704.01 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140W1GK3 2052-06-01 3.500 3442448.80 3143970.13 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XAQU9 2036-04-01 1.500 265620.00 145553.01 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XGG94 2037-04-01 2.000 5954.40 3759.56 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XHBU0 2050-08-01 4.500 345306.00 224383.09 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XHWZ6 2052-02-01 3.000 39311.76 28367.10 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XJVC4 2037-11-01 4.500 12537.26 8178.36 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XKSW1 2053-03-01 6.000 212496.00 194459.37 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XLTP3 2038-01-01 2.500 58436.40 44637.53 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XNB86 2052-08-01 3.500 963669.36 779544.74 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140XPP78 2054-01-01 4.500 398695.62 346257.54 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31410F6C4 2037-03-01 7.000 522201.91 4268.56 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31410LST0 2036-01-01 4.000 132810.00 17415.69 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418DJR4 2049-12-01 3.000 614060.32 107561.87 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418E3D0 2054-03-01 6.000 6316.34 5387.43 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418ER85 2053-05-01 5.500 159714.33 134708.19 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418ERQ5 2038-04-01 4.000 39651.75 28463.90 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418ES84 2038-06-01 4.500 183146.69 134940.90 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418FCG0 2054-09-01 5.500 265620.00 253915.33 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418FHC4 2044-12-01 4.000 156122.30 147188.77 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 31418FKD8 2040-03-01 6.500 291950.38 303449.92 Agency Mortgage-Backed Securities Y 2025-04-01 2025-04-01 2025-04-01 N N N 0.0437 26562000.00 26562000.00 0.3081 N Y Y N N/A HSBC SECURITIES (USA), INC. REPO TRIPA MORTG 4.37 04/01/2025 N/A CYYGQCGNHMHPSMRL3R97 TRIPARTY2 U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash Y N N Y FMAC S6XOOCT0IEG5ABCC6L87 31288LSS1 2036-11-01 6.000 113841.43 2935.30 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 31329KYR9 2038-08-01 4.000 37947.14 5053.34 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132ACHR4 2048-01-01 3.500 672689.00 122831.04 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132DNSY0 2052-08-01 4.500 1897357.14 1546107.14 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132DSBB7 2049-02-01 3.000 1051723.58 839895.22 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132DSQ62 2053-11-01 5.000 7509905.93 6901999.73 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132DTHJ2 2054-02-01 6.000 595052.49 567859.13 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132DTTN0 2054-08-01 5.500 455365.71 432405.75 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132DVMP7 2054-01-01 6.500 4203708.59 3791920.26 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3132WWAH5 2047-08-01 3.970 131408.53 103929.47 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3133BEXJ7 2052-06-01 5.000 549212.34 503026.55 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3133BNH89 2052-09-01 5.500 41663.69 40252.85 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3133CKU30 2053-12-01 7.000 146949.40 131623.36 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3133D0FR7 2054-11-01 5.500 4758.80 4802.98 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3133USH79 2048-08-01 3.000 1096857.00 817242.50 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3133W8VH3 2054-04-01 6.000 507230.05 470879.83 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3133WFL88 2054-07-01 6.500 88742.73 84882.48 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3138E1K30 2042-02-01 3.500 4810459.12 314924.62 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3138ENNE5 2044-09-01 5.000 170003.20 16192.60 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3138LJ2A7 2032-07-01 3.130 92508.76 62405.93 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3138LNNG2 2033-06-01 3.670 389034.11 321460.64 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3138YEGQ4 2045-04-01 3.000 2396379.68 394594.52 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140A6TH9 2054-01-01 6.500 114938.10 112088.18 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140B2YD0 2055-02-01 6.000 107438.99 110325.93 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140FXFZ0 2057-01-01 4.000 857605.39 301531.13 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140HSJ77 2034-02-01 3.900 143136.62 136177.32 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140JVN57 2049-08-01 3.500 15178.86 3056.31 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140KMTD2 2035-09-01 3.000 11384.14 2559.35 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140LEHK6 2033-12-01 2.090 1656468.68 1374104.82 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QBB23 2049-06-01 3.500 986625.71 230890.65 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QQF26 2052-09-01 5.000 3992904.62 3258446.52 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140QSHX2 2053-06-01 6.500 1656010.89 1378619.24 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140X6AQ4 2050-03-01 3.000 1631727.14 506636.79 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140X77H6 2050-10-01 2.000 74718.30 39475.64 Agency Mortgage-Backed Securities FNMA B1V7KEBTPIMZEU4LTD58 3140X9L86 2050-08-01 4.000 5350.55 1358.17 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 31425W2T7 2054-12-01 5.500 436981.08 435849.82 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 31426AR83 2055-02-01 7.000 209812.75 220932.22 Agency Mortgage-Backed Securities FMAC S6XOOCT0IEG5ABCC6L87 3142GT2P0 2055-02-15 5.500 1495382.15 1508271.65 Agency Mortgage-Backed Securities Y 2025-04-01 2025-04-01 2025-04-01 N N N 0.0437 26563000.00 26563000.00 0.3081 N Y Y N N/A FHLB FEDERAL HOME LOAN BANK 04.5950 11/04/2026 3130B3G64 2549001DPIFGXC1TOL40 US3130B3G642 U.S. Government Agency Debt (if categorized as coupon-paying notes) Y Moody's P-1 S & P A-1+ Fitch F1+ 2025-04-01 2026-11-04 2026-11-04 N N N 0.0453 950618.26 950618.26 0.0110 N N N N N/A Putnam Variable Trust 2025-04-04 Kevin R. Blatchford Kevin R. Blatchford Assistant Treasuer