NPORT-P false 0000837276 XXXXXXXX S000010459 C000028893 C000028892 C000028890 C000028891 Voya Investors Trust 811-05629 0000837276 549300LPMGZECCP9KQ67 7337 East Doubletree Ranch Road Suite 100 Scottsdale 85258 1-800-366-0066 Voya Balanced Income Portfolio S000010459 549300B5ETT5HC8Z4C58 2025-12-31 2025-06-30 N 551791353.18 23121690.69 528669662.49 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1500000.00000000 0.00000000 0.00000000 4704641.79000000 BRL USD N Fund's Securities Portfolio N/A FREMF Mortgage Trust N/A 30295DAU6 2837167.61000000 PA USD 2741.13000000 0.000518495800 Long ABS-MBS USGSE US N 2 2049-08-25 Fixed 0.10000000 N N N N N N RELX PLC 549300WSX3VBUFFJOO66 000000000 1333.00000000 NS 72245.29000000 0.013665488134 Long EC CORP GB N 2 N N N Morgan Stanley Capital I Trust N/A 61691YAP6 996603.36130000 PA USD 48998.25000000 0.009268216710 Long ABS-MBS CORP US N 2 2054-05-15 Variable 1.40022500 N N N N N N Woodward Capital Management N/A 74938VAV5 591554.33000000 PA USD 479686.44000000 0.090734625804 Long ABS-MBS CORP US N 2 2051-09-25 Variable 2.50000000 N N N N N N Valero Energy Corp 549300XTO5VR8SKV1V74 91913Y100 195.00000000 NS USD 26211.90000000 0.004958086657 Long EC CORP US N 1 N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 701094104 566.00000000 NS USD 395334.02000000 0.074779025173 Long EC CORP US N 1 N N N Computershare Ltd 21380085HOKTMGLV9G93 000000000 5465.00000000 NS 143369.31000000 0.027118883524 Long EC CORP AU N 2 N N N Allianz SE 529900K9B0N5BT694847 000000000 1296.00000000 NS 525961.80000000 0.099487796882 Long EC CORP DE N 2 N N N IRV Trust N/A 45006HAC5 1000000.00000000 PA USD 1002394.10000000 0.189606888974 Long ABS-MBS CORP US N 2 2047-03-14 Variable 5.62126100 N N N N N N Prime Mortgage Trust N/A 74162FAD7 5528.43000000 PA USD 4939.01000000 0.000934233671 Long ABS-MBS CORP US N 2 2037-03-25 Fixed 5.50000000 N N N N N N Countrywide Alternative Loan T N/A 12668BZK2 14003.06000000 PA USD 6310.77000000 0.001193707611 Long ABS-MBS CORP US N 2 2036-05-25 Fixed 6.00000000 N N N N N N Sequoia Mortgage Trust N/A 81746YCC6 943456.51000000 PA USD 908927.51000000 0.171927306310 Long ABS-MBS CORP US N 2 2049-06-25 Variable 4.24724700 N N N N N N New York Times Co/The 529900J1WEMMIW7BOH57 650111107 2671.00000000 NS USD 149522.58000000 0.028282799375 Long EC CORP US N 1 N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 49456B101 20622.00000000 NS USD 606286.80000000 0.114681594768 Long EC CORP US N 1 N N N Citigroup Commercial Mortgage N/A 17328FBB0 1023914.06000000 PA USD 31061.46000000 0.005875400501 Long ABS-MBS CORP US N 2 2056-08-10 Variable 1.15965700 N N N N N N Wolters Kluwer NV 724500TEM53I0U077B74 000000000 823.00000000 NS 137637.37000000 0.026034663943 Long EC CORP NL N 2 N N N Coca-Cola Europacific Partners 549300LTH67W4GWMRF57 000000000 1498.00000000 NS USD 138894.56000000 0.026272466505 Long EC CORP GB N 1 N N N SMB Private Education Loan Tru 5493000RGRVHYZAIY180 78448WAD7 100000.00000000 PA USD 98513.06000000 0.018634142828 Long ABS-O CORP US N 2 2041-06-17 Fixed 3.50000000 N N N N N N Navient Student Loan Trust N/A 63942LAA0 278768.27000000 PA USD 253675.47000000 0.047983738806 Long ABS-O CORP US N 2 2069-07-15 Fixed 0.94000000 N N N N N N Daiwa House Industry Co Ltd 353800K9WXR9XRZJZI46 000000000 5600.00000000 NS 192431.74000000 0.036399240140 Long EC CORP JP N 2 N N N Citigroup Commercial Mortgage N/A 17291NAE1 500000.00000000 PA USD 506892.80000000 0.095880818583 Long ABS-MBS CORP US N 2 2040-10-12 Variable 6.04750300 N N N N N N Getlink SE 9695007ZEQ7M0OE74G82 000000000 5301.00000000 NS 102330.95000000 0.019356312128 Long EC CORP FR N 2 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38382KVC4 12513997.93000000 PA USD 2417078.70000000 0.457200189739 Long ABS-MBS USGA US N 2 2050-10-20 Fixed 3.50000000 N N N N N N Boston Scientific Corp Y6ZDD9FP4P8JSSJMW954 101137107 6317.00000000 NS USD 678508.97000000 0.128342709661 Long EC CORP US N 1 N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CNF4 251600.00000000 PA USD 253781.85000000 0.048003861013 Long DBT UST US N 2 2032-05-31 Fixed 4.12500000 N N N N N N JP Morgan Chase Commercial Mor N/A 46593JAE4 1000000.00000000 PA USD 1004492.00000000 0.190003715225 Long ABS-MBS CORP US N 2 2039-10-05 Variable 5.99038800 N N N N N N Philip Morris International In HL3H1H2BGXWVG3BSWR90 718172109 9690.00000000 NS USD 1764839.70000000 0.333826550910 Long EC CORP US N 1 N N N SMB Private Education Loan Tru N/A 78449VAB2 135086.87000000 PA USD 127166.43000000 0.024054043389 Long ABS-O CORP US N 2 2054-09-15 Fixed 1.60000000 N N N N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 20030N101 16811.00000000 NS USD 599984.59000000 0.113489506315 Long EC CORP US N 1 N N N UBS Commercial Mortgage Trust N/A 90291JAX5 1812988.73000000 PA USD 30478.88000000 0.005765203143 Long ABS-MBS CORP US N 2 2051-03-15 Variable 1.07427300 N N N N N N Neuberger Berman CLO Ltd 549300RVE5T2OYI2H743 64132TAY9 750000.00000000 PA USD 754822.50000000 0.142777721809 Long ABS-CBDO CORP KY N 2 2039-04-16 Floating 6.26054000 N N N N N N Wingstop Funding LLC N/A 974153AE8 350000.00000000 PA USD 357285.74000000 0.067582039475 Long ABS-O CORP US N 2 2054-12-05 Fixed 5.85800000 N N N N N N DC Commercial Mortgage Trust N/A 24023AAA8 1025000.00000000 PA USD 1070280.71000000 0.202447915198 Long ABS-MBS CORP US N 2 2040-09-12 Fixed 6.31430000 N N N N N N Unum Group 549300E32YFDO6TZ8R31 91529Y106 6020.00000000 NS USD 486175.20000000 0.091962000942 Long EC CORP US N 1 N N N EBAY INC. 0 CP 09/10/2025 N/A 27864AWA9 1000000.00000000 PA USD 990772.00000000 0.187408521860 Long DBT CORP US N 2 2025-09-10 None 0.00000000 N N N N N N Freddie Mac - STACR 5299002OYNAPMJKK2A73 35564NEC3 1000000.00000000 PA USD 1004162.90000000 0.189941464632 Long ABS-MBS CORP US N 2 2044-08-25 Floating 6.10517000 N N N N N N VeriSign Inc LMPL4N8ZOJRMF0KOF759 92343E102 1669.00000000 NS USD 482007.20000000 0.091173606923 Long EC CORP US N 1 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38381RPA1 2746344.79610000 PA USD 42941.30000000 0.008122520175 Long ABS-MBS USGA US N 2 2042-03-20 Floating 0.60000000 N N N N N N OneMain Holdings Inc 549300E3VEW8SMS5XW09 68268W103 3138.00000000 NS USD 178866.00000000 0.033833225677 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137BLSR0 1538259.54880000 PA USD 12404.22000000 0.002346308267 Long ABS-MBS USGSE US N 2 2043-04-15 Floating 0.01000000 N N N N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 68389X105 4940.00000000 NS USD 1080032.20000000 0.204292448882 Long EC CORP US N 1 N N N Tyson Foods Inc WD6L6041MNRW1JE49D58 902494103 7657.00000000 NS USD 428332.58000000 0.081020835956 Long EC CORP US N 1 N N N Capital One Financial Corp ZUE8T73ROZOF6FLBAR73 14040H105 859.00000000 NS USD 182760.84000000 0.034569950380 Long EC CORP US N 1 N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 000000000 1.00000000 NC USD -16261.55000000 -0.00307593780 N/A DFE CORP US N 2 State Street Bank and Trust Company 571474TGEMMWANRLN572 -7402812.96000000 CNY 1018116.74000000 USD 2025-07-11 -16261.55000000 N N N TJX Cos Inc/The V167QI9I69W364E2DY52 872540109 4682.00000000 NS USD 578180.18000000 0.109365114176 Long EC CORP US N 1 N N N Gam Resecuritization Trust N/A 36459DBU4 95000.00000000 PA USD 94383.56000000 0.017853031239 Long ABS-MBS CORP US N 2 2048-05-27 None 0.00000000 N N N N N N MSILF Government Portfolio 549300BI6Y5SI6BYPB26 61747C707 88000.00000000 NS USD 88000.00000000 0.016645555106 Long STIV RF US N 1 N N N TEACHERS INSURANCE AND ANNUITY 549300SWQCCOXV4X1761 87271LAY8 134922.72000000 PA USD 134988.02000000 0.025533528699 Long ABS-CBDO CORP KY N 2 2031-07-20 Floating 5.51947000 N N N N N N WAMU Mortgage Pass-Through Cer N/A 93363NAH8 12374.36000000 PA USD 11309.38000000 0.002139214863 Long ABS-MBS CORP US N 2 2036-10-25 Variable 4.03652100 N N N N N N Taco Bell Funding, LLC N/A 87342RAC8 187500.00000000 PA USD 187590.53000000 0.035483505733 Long ABS-O CORP US N 2 2046-05-25 Fixed 4.97000000 N N N N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 000000000 1.00000000 NC USD -5215.57000000 -0.00098654611 N/A DFE CORP US N 2 State Street Bank and Trust Company 571474TGEMMWANRLN572 -3416734.41000000 CNY 472196.99000000 USD 2025-07-11 -5215.57000000 N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 000000000 1.00000000 NC USD 34888.65000000 0.006599328933 N/A DO CORP FR N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 Y Performance Leg 2026-02-10 0.00000000 USD 0.00000000 USD 5364000.00000000 USD 34888.65 N N N Old Republic International Cor 549300IV6O2YY2A1KH37 680223104 11321.00000000 NS USD 435179.24000000 0.082315909324 Long EC CORP US N 1 N N N JP Morgan Chase Commercial Mor N/A 466330AN7 770000.00000000 PA USD 771356.59000000 0.145905211652 Long ABS-MBS CORP US N 2 2038-04-15 Floating 7.12648000 N N N N N N Sunnova Sol III Issuer LLC N/A 86745QAA9 77457.43000000 PA USD 63952.91000000 0.012096950995 Long ABS-O CORP US N 2 2056-04-28 Fixed 2.58000000 N N N N N N Servpro Master Issuer, LLC N/A 817743AJ6 98750.00000000 PA USD 101899.40000000 0.019274682704 Long ABS-O CORP US N 2 2054-01-25 Fixed 6.17400000 N N N N N N VIRGINIA ELECTRIC AND POWER CP N/A 92780JUX7 565000.00000000 PA USD 562824.75000000 0.106460572628 Long DBT CORP US N 2 2025-07-31 None 0.00000000 N N N N N N UKG INC 529900FKHWSTQ1GXK240 90279XAA0 70000.00000000 PA USD 72674.00000000 0.013746580361 Long DBT CORP US N 2 2031-02-01 Fixed 6.87500000 N N N N N N Arbor Realty Collateralized Lo N/A 03880RAJ8 550000.00000000 PA USD 549770.02000000 0.103991217769 Long ABS-CBDO CORP KY N 2 2036-11-15 Floating 7.32624000 N N N N N N Prosperity Bancshares Inc N/A 743606105 2128.00000000 NS USD 149470.72000000 0.028272989847 Long EC CORP US N 1 N N N Great Wolf Trust N/A 39152MAA3 500000.00000000 PA USD 501410.65000000 0.094843847789 Long ABS-MBS CORP US N 2 2039-03-15 Floating 5.85376000 N N N N N N Citigroup Mortgage Loan Trust N/A 17313QAL2 20119.51000000 PA USD 18567.93000000 0.003512198886 Long ABS-MBS CORP US N 2 2037-09-25 Variable 4.78280500 N N N N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 -1623500.00000000 NC USD 11121.50000000 0.002103676603 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Written UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP CH US 2045-05-24 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 4.63000000 USD 2035-05-22 XXXX 11121.50000000 N N N Hexcel Corp S6Q7LW43WUBUHXY2QP69 428291108 1613.00000000 NS USD 91118.37000000 0.017235407375 Long EC CORP US N 1 N N N UniCredit SpA 549300TRUWO2CD2G5692 000000000 2960.00000000 NS 198567.40000000 0.037559824988 Long EC CORP IT N 2 N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724CA8 58890.15000000 PA USD 30622.88000000 0.005792441324 Long DBT NUSS UA N 2 2034-02-01 Variable 1.75000000 N N N N N N Viatris Inc 254900ZZTSW7NL773X71 92556V106 52613.00000000 NS USD 469834.09000000 0.088871014044 Long EC CORP US N 1 N N N Freddiemac Strip S6XOOCT0IEG5ABCC6L87 31325YR83 3462454.73000000 PA USD 330302.25000000 0.062478003455 Long ABS-MBS USGSE US N 2 2037-10-15 Fixed 3.50000000 N N N N N N Carlyle Global Market Strategi N/A 14310MAW7 57617.10000000 PA USD 57681.29000000 0.010910648764 Long ABS-CBDO CORP KY N 2 2031-04-17 Floating 5.51140000 N N N N N N KDDI Corp 5299003FU7V4I45FU310 000000000 1700.00000000 NS 29189.99000000 0.005521404398 Long EC CORP JP N 2 N N N Morgan Stanley Capital I Trust N/A 61769JBA8 62000.00000000 PA USD 59651.30000000 0.011283284105 Long ABS-MBS CORP US N 2 2052-06-15 Fixed 3.41700000 N N N N N N DBWF Mortgage Trust N/A 23306NAL6 1130000.00000000 PA USD 1012108.68000000 0.191444440982 Long ABS-MBS CORP US N 2 2034-06-10 Variable 3.53513700 N N N N N N Gaming and Leisure Properties 5493006GWRDBCZYWTM57 36467J108 9569.00000000 NS USD 446680.92000000 0.084491498508 Long EC CORP US N 1 N N N AM.HONDA2/8/084.25% N/A 02665JU99 2100000.00000000 PA USD 2097591.09000000 0.396767819080 Long DBT CORP US N 2 2025-07-09 None 0.00000000 N N N N N N Bluemountain CLO Ltd 549300NUS8PQQUZMPR50 09626QBA4 500000.00000000 PA USD 500338.00000000 0.094640951713 Long ABS-CBDO CORP KY N 2 2030-10-20 Floating 5.93108000 N N N N N N BBCCRE Trust N/A 05490TAN2 2180000.00000000 PA USD 1564.15000000 0.000295865284 Long ABS-MBS CORP US N 2 2033-08-10 Variable 0.74868700 N N N N N N AT&T Inc 549300Z40J86GGSTL398 00206R102 23810.00000000 NS USD 689061.40000000 0.130338744378 Long EC CORP US N 1 N N N FS Trust N/A 30338DAA9 2000000.00000000 PA USD 2009274.40000000 0.380062360782 Long ABS-MBS CORP US N 2 2039-08-15 Floating 6.12286000 N N N N N N Emerson Electric Co FGLT0EWZSUIRRITFOA30 291011104 4397.00000000 NS USD 586252.01000000 0.110891933393 Long EC CORP US N 1 N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137FUZK3 4236701.10000000 PA USD 459305.85000000 0.086879554963 Long ABS-MBS USGSE US N 2 2035-05-25 Variable 1.62646000 N N N N N N ServiceNow Inc 549300HJTQM36M0E1G39 81762P102 1453.00000000 NS USD 1493800.24000000 0.282558343326 Long EC CORP US N 1 N N N Enact Mortgage Insurance Corpo N/A 89600HAC3 99043.68000000 PA USD 99530.06000000 0.018826512482 Long ABS-MBS CORP BM N 2 2034-02-25 Floating 7.20517000 N N N N N N Orange SA 969500MCOONR8990S771 000000000 15205.00000000 NS 231545.29000000 0.043797725957 Long EC CORP FR N 2 N N N PETROLEOS DEL PERU SA 549300ZMGDLC9JT2OR80 000000000 225000.00000000 PA USD 174866.63000000 0.033076728703 Long DBT CORP PE N 2 2032-06-19 Fixed 4.75000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136AA5T8 826288.80000000 PA USD 48213.37000000 0.009119753490 Long ABS-MBS USGSE US N 2 2042-03-25 Floating 1.78035000 N N N N N N Burlington Stores Inc 5299003Z37DVGKKC1W09 122017106 1751.00000000 NS USD 407352.64000000 0.077052395645 Long EC CORP US N 1 N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CNG2 166400.00000000 PA USD 168038.00000000 0.031785065783 Long DBT UST US N 2 2030-05-31 Fixed 4.00000000 N N N N N N LCM Ltd Partnership 549300HV40B88JRNJD93 50184NAP7 750000.00000000 PA USD 753672.00000000 0.142560100091 Long ABS-CBDO CORP KY N 2 2030-07-20 Floating 6.93108000 N N N N N N Dominos Pizza Master Issuer LL N/A 25755TAN0 243125.00000000 PA USD 227243.95000000 0.042984110139 Long ABS-O CORP US N 2 2051-04-25 Fixed 2.66200000 N N N N N N FDJ UNITED 969500R4CLSQFTYYI535 000000000 2741.00000000 NS 107558.06000000 0.020345041077 Long EC CORP FR N 2 N N N Ameriprise Financial Inc 6ZLKQF7QB6JAEKQS5388 03076C106 792.00000000 NS USD 422714.16000000 0.079958089141 Long EC CORP US N 1 N N N Citigroup Commercial Mortgage N/A 17328CAJ1 14616218.08000000 PA USD 466280.74000000 0.088198883553 Long ABS-MBS CORP US N 2 2072-12-15 Variable 0.94473100 N N N N N N Tesla Inc 54930043XZGB27CTOV49 88160R101 4481.00000000 NS USD 1423434.46000000 0.269248372092 Long EC CORP US N 1 N N N CLOUD SOFTWARE GRP INC 04EEB871XLHVNY4RZJ65 88632QAE3 25000.00000000 PA USD 25248.95000000 0.004775940779 Long DBT CORP US N 2 2029-03-31 Fixed 6.50000000 N N N N N N CONCORD N/A 2063C0U34 1200000.00000000 PA USD 1199565.12000000 0.226902583051 Long DBT CORP US N 2 2025-07-03 None 0.00000000 N N N N N N Hundred Acre Wood Trust N/A 44590HBD7 704240.71000000 PA USD 571062.88000000 0.108018848161 Long ABS-MBS CORP US N 2 2051-07-25 Variable 2.50000000 N N N N N N MED Trust N/A 55287BAA1 1000000.00000000 PA USD 997485.00000000 0.188678312899 Long ABS-MBS CORP US N 2 2041-05-15 Floating 5.90327000 N N N N N N Countrywide Alternative Loan T N/A 12668AZ40 31410.50000000 PA USD 21592.22000000 0.004084255544 Long ABS-MBS CORP US N 2 2035-12-25 Fixed 5.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137FNUJ7 4867402.49000000 PA USD 1016265.94000000 0.192230803487 Long ABS-MBS USGSE US N 2 2049-09-25 Fixed 4.50000000 N N N N N N MEIJI Holdings Co Ltd 5299002D52YIP6DWMV49 000000000 6900.00000000 NS 152585.27000000 0.028862119547 Long EC CORP JP N 2 N N N Chubu Electric Power Co Inc 529900A76GOP0PGNHT63 000000000 12900.00000000 NS 159630.17000000 0.030194690810 Long EC CORP JP N 2 N N N Link REIT 529900XUE70U36QX5M62 000000000 11800.00000000 NS 63206.62000000 0.011955787230 Long EC CORP HK N 2 N N N DUKE ENERGY 0 07/17/2025 N/A 26244HUH4 2000000.00000000 PA USD 1995688.80000000 0.377492589720 Long DBT CORP US N 2 2025-07-17 None 0.00000000 N N N N N N KKR Industrial Portfolio Trust N/A 494925AA8 500000.00000000 PA USD 501477.90000000 0.094856568398 Long ABS-MBS CORP US N 2 2041-08-15 Floating 6.20176000 N N N N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -13970.47000000 -0.00264257077 N/A DO CORP GB N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 Y Performance Leg 2026-06-24 0.00000000 USD 0.00000000 USD 4576000.00000000 USD -13970.47 N N N Hikma Pharmaceuticals PLC 549300BNS685UXH4JI75 000000000 3809.00000000 NS 103943.60000000 0.019661351383 Long EC CORP GB N 2 N N N GCAT N/A 36830FAN6 1405253.95000000 PA USD 1411248.76000000 0.266943397764 Long ABS-MBS CORP US N 2 2054-09-25 Variable 6.00000000 N N N N N N Carrefour SA 549300B8P6MUJ1YWTS08 000000000 1565.00000000 NS 22076.32000000 0.004175825012 Long EC CORP FR N 2 N N N Wells Fargo Commercial Mortgag N/A 94990GAE9 1180000.00000000 PA USD 1190236.50000000 0.225138036934 Long ABS-MBS CORP US N 2 2038-03-15 Variable 6.02880800 N N N N N N Rithm Capital Corp 549300WNTHGEO5LP2G31 64828T201 31585.00000000 NS USD 356594.65000000 0.067451317013 Long EC CORP US N 1 N N N BX Trust N/A 05613QAA8 2206114.33000000 PA USD 2213309.79000000 0.418656478144 Long ABS-MBS CORP US N 2 2041-10-15 Floating 5.80430000 N N N N N N WENDYS FUNDING LLC 5493009DRVSTWJOXUL48 95058XAE8 1202222.24000000 PA USD 1174502.24000000 0.222161838163 Long ABS-O CORP US N 2 2048-03-15 Fixed 3.88400000 N N N N N N Royal Gold Inc 5493001NGRU6SFL04184 780287108 1859.00000000 NS USD 330604.56000000 0.062535186612 Long EC CORP US N 1 N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 -149.00000000 NC USD -377464.68000000 -0.07139896740 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Short US TREASURY N/B United States Treasury Note/Bond 2025-09-19 -16648113.45000000 USD -377464.68000000 N N N DuPont de Nemours Inc 5493004JF0SDFLM8GD76 26614N102 3450.00000000 NS USD 236635.50000000 0.044760559719 Long EC CORP US N 1 N N N Danske Bank A/S MAES062Z21O4RZ2U7M96 000000000 5993.00000000 NS 244777.00000000 0.046300557298 Long EC CORP DK N 2 N N N Carlyle Global Market Strategi 549300Q4PPEXLDSOKL32 14311NAU8 173837.59000000 PA USD 173931.29000000 0.032899805368 Long ABS-CBDO CORP KY N 2 2032-07-20 Floating 5.48947000 N N N N N N ANA Holdings Inc 5493008IRKIY0G3TE305 000000000 2800.00000000 NS 54824.16000000 0.010370211095 Long EC CORP JP N 2 N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 -5894000.00000000 NC USD -3685.33000000 -0.00069709504 N/A DCR CORP GB N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 Put Written GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 0.00000000 NC USD 0.00000000 0.00000000 DCR CORP GB US IHS MARKIT LTD CDX.NA.HY.44.V1 Default Event 2030-06-20 0.00000000 USD 0.00000000 USD N/A N/A 0.01000000 USD 105.00000000 USD 2025-07-16 XXXX 40077.62000000 N N N JP Morgan Mortgage Trust N/A 46649CBF9 617529.12000000 PA USD 566013.91000000 0.107063815111 Long ABS-MBS CORP US N 2 2048-10-25 Variable 3.71528700 N N N N N N Fannie Mae - CAS N/A 20755RAG0 1000000.00000000 PA USD 1007328.20000000 0.190540193900 Long ABS-MBS CORP US N 2 2044-09-25 Floating 6.35517000 N N N N N N BP PLC 213800LH1BZH3DI6G760 000000000 57157.00000000 NS 284772.29000000 0.053865827794 Long EC CORP GB N 2 N N N Loanpal Solar Loan Ltd. N/A 53948QAA4 91270.87000000 PA USD 74106.67000000 0.014017575673 Long ABS-O CORP US N 2 2048-03-20 Fixed 2.22000000 N N N N N N BENCHMARK Mortgage Trust N/A 08162VAF5 10144895.17000000 PA USD 371858.09000000 0.070338458281 Long ABS-MBS CORP US N 2 2062-03-15 Variable 1.38246800 N N N N N N Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 000000000 1.00000000 NC USD -256.35000000 -0.00004848963 N/A DFE CORP US N 2 Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 -4879959.00000000 JPY 33697.89000000 USD 2025-07-18 -256.35000000 N N N Voya VACS Series HYB Fund 549300IKJ54WGTW8EU42 92913L262 3761930.89080000 NS USD 39011223.34000000 7.379130316700 Long EC RF US N 1 N N N CIM Trust N/A 12558TAN7 89598.40000000 PA USD 80797.07000000 0.015283091830 Long ABS-MBS CORP US N 2 2049-10-25 Variable 3.50000000 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 000000000 1.00000000 NC USD -163976.42000000 -0.03101680153 N/A DFE CORP US N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 -59574400.02000000 MXN 3007612.07000000 USD 2025-07-11 -163976.42000000 N N N Citigroup Commercial Mortgage N/A 17291DAU7 1141754.72000000 PA USD 19879.03000000 0.003760198742 Long ABS-MBS CORP US N 2 2051-06-10 Variable 0.82405800 N N N N N N SMB Private Education Loan Tru N/A 83207QAA7 844150.34000000 PA USD 862031.13000000 0.163056666792 Long ABS-O CORP US N 2 2053-07-15 Fixed 5.38000000 N N N N N N Bank of New York Mellon Corp/T WFLLPEPC7FZXENRZV188 064058100 6377.00000000 NS USD 581008.47000000 0.109900096643 Long EC CORP US N 1 N N N Watts Water Technologies Inc 549300REJOO94ERQN318 942749102 1148.00000000 NS USD 282281.72000000 0.053394726429 Long EC CORP US N 1 N N N Hang Seng Bank Ltd 5493009Z5F07LWZYMK62 000000000 12000.00000000 NS 180074.04000000 0.034061731318 Long EC CORP HK N 2 N N N PRM Trust N/A 74277DAA0 1000000.00000000 PA USD 992778.30000000 0.187788021602 Long ABS-MBS CORP US N 2 2033-07-05 Variable 4.48030000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 2288.00000000 NS USD 663314.08000000 0.125468534902 Long EC CORP US N 1 N N N Credit Agricole SA 969500TJ5KRTCJQWXH05 000000000 10539.00000000 NS 199380.42000000 0.037713611002 Long EC CORP FR N 2 N N N Admiral Group PLC 213800FGVM7Z9EJB2685 000000000 3066.00000000 NS 137683.19000000 0.026043330981 Long EC CORP GB N 2 N N N Volkswagen AG 529900NNUPAGGOMPXZ31 000000000 1091.00000000 NS 115333.71000000 0.021815836652 Long EP CORP DE N 2 N N N Travel + Leisure Co T4VNTWMFQ7JQB65L7T35 894164102 6096.00000000 NS USD 314614.56000000 0.059510613587 Long EC CORP US N 1 N N N Stryker Corp 5493002F0SC4JTBU5137 863667101 1735.00000000 NS USD 686418.05000000 0.129838744059 Long EC CORP US N 1 N N N BOC Hong Kong Holdings Ltd 254900JB98W77JDJMW15 000000000 43500.00000000 NS 189366.07000000 0.035819356289 Long EC CORP HK N 2 N N N Allstate Corp/The OBT0W1ED8G0NWVOLOJ77 020002101 1746.00000000 NS USD 351487.26000000 0.066485233585 Long EC CORP US N 1 N N N Gam Resecuritization Trust N/A 36459TAS5 125000.00000000 PA USD 123072.45000000 0.023279650551 Long ABS-MBS CORP US N 2 2051-09-27 None 0.00000000 N N N N N N Mill City Mortgage Trust N/A 59980AAC1 200000.00000000 PA USD 194280.60000000 0.036748959470 Long ABS-MBS CORP US N 2 2059-07-25 Variable 3.25000000 N N N N N N Bayview Opportunity Master Fun N/A 67648BCQ3 1319057.46000000 PA USD 1224150.09000000 0.231552929334 Long ABS-MBS CORP US N 2 2051-12-25 Floating 5.00000000 N N N N N N Flagstar Mortgage Trust N/A 33850TBA5 76187.57560000 PA USD 70350.19000000 0.013307022322 Long ABS-MBS CORP US N 2 2048-03-25 Variable 3.93172200 N N N N N N Henkel AG & Co KGaA 549300VZCL1HTH4O4Y49 000000000 2462.00000000 NS 193473.35000000 0.036596264875 Long EP CORP DE N 2 N N N Navient Student Loan Trust N/A 63942BAA2 144081.88000000 PA USD 131429.73000000 0.024860463787 Long ABS-O CORP US N 2 2069-05-15 Fixed 0.84000000 N N N N N N BENCHMARK Mortgage Trust N/A 08163AAF0 2954396.17120000 PA USD 147281.52000000 0.027858893832 Long ABS-MBS CORP US N 2 2053-07-15 Variable 1.92288900 N N N N N N Centrica PLC E26EDV109X6EEPBKVH76 000000000 22916.00000000 NS 50845.26000000 0.009617586104 Long EC CORP GB N 2 N N N Coterra Energy Inc FCNMH6O7VWU7LHXMK351 127097103 2158.00000000 NS USD 54770.04000000 0.010359974079 Long EC CORP US N 1 N N N Aviva PLC YF0Y5B0IB8SM0ZFG9G81 000000000 16035.00000000 NS 136324.88000000 0.025786401163 Long EC CORP GB N 2 N N N BMD2 Re-REMIC Trust N/A 055631EU5 204000.00000000 PA USD 172927.54000000 0.032709942005 Long ABS-MBS CORP US N 2 2052-05-25 None 0.00000000 N N N N N N WAMU Mortgage Pass-Through Cer N/A 92922F2N7 25950.16000000 PA USD 25789.87000000 0.004878257980 Long ABS-MBS CORP US N 2 2045-08-25 Floating 5.45368000 N N N N N N Mosaic Solar Loans LLC N/A 61946FAA3 24212.84000000 PA USD 22687.99000000 0.004291524861 Long ABS-O CORP US N 2 2043-06-22 Fixed 4.01000000 N N N N N N Freddie Mac Multiclass Certifi N/A 3137H2NR1 1060789.99000000 PA USD 115420.95000000 0.021832338450 Long ABS-MBS USGSE US N 2 2045-09-25 Variable 1.75851500 N N N N N N JP Morgan Mortgage Trust N/A 46593DAV9 1162820.16000000 PA USD 1149672.50000000 0.217465192646 Long ABS-MBS CORP US N 2 2055-02-25 Variable 5.50000000 N N N N N N MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 3277000.00000000 NC -46992.78000000 -0.00888887396 N/A DIR CORP US N 2 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 Put Purchased MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP US US 2035-12-17 0.00000000 USD 0.00000000 USD 0.00000000 EUR 1.00000000 USD 3.00000000 EUR 2025-12-15 XXXX -46992.78000000 N N N JP Morgan Mortgage Trust N/A 46650MAN7 96429.89000000 PA USD 90102.90000000 0.017043327127 Long ABS-MBS CORP US N 2 2049-01-25 Variable 4.00000000 N N N N N N T-Mobile US Inc 549300QHIJYOHPACPG31 872590104 3033.00000000 NS USD 722642.58000000 0.136690760085 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -31014.70000000 -0.00586655565 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -12008508.37000000 MXN 608287.53000000 USD 2025-07-11 -31014.70000000 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137F6LD7 2015956.38000000 PA USD 330475.12000000 0.062510702513 Long ABS-MBS USGSE US N 2 2050-11-25 Fixed 3.00000000 N N N N N N JP Morgan Mortgage Trust N/A 46657YBB9 2468447.09000000 PA USD 2544965.74000000 0.481390539418 Long ABS-MBS CORP US N 2 2054-12-25 Variable 6.92353600 N N N N N N 1345 Trust N/A 68271CAA0 1000000.00000000 PA USD 1003222.80000000 0.189763640923 Long ABS-MBS CORP US N 2 2030-06-15 Floating 5.90000000 N N N N N N RFM RE-REMIC TRUST 2022-FRR1 N/A 74971BBP9 70000.00000000 PA USD 66044.15000000 0.012492517480 Long ABS-MBS CORP US N 2 2049-11-08 Variable 2.34737700 N N N N N N JP Morgan Mortgage Trust N/A 46658NAC1 704102.64000000 PA USD 700285.00000000 0.132461733609 Long ABS-MBS CORP US N 2 2055-04-25 Variable 5.50000000 N N N N N N BX Trust N/A 12434CAL8 659344.39000000 PA USD 653231.61000000 0.123561395016 Long ABS-MBS CORP US N 2 2034-09-15 Floating 5.81348000 N N N N N N Palo Alto Networks Inc 549300QXR2YVZV231H43 697435105 4907.00000000 NS USD 1004168.48000000 0.189942520111 Long EC CORP US N 1 N N N JP Morgan Mortgage Trust N/A 46651HAJ6 8814.09000000 PA USD 8726.46000000 0.001650645122 Long ABS-MBS CORP US N 2 2050-03-25 Variable 3.49298200 N N N N N N Bank N/A 065405AJ1 897353.23850000 PA USD 22888.88000000 0.004329524015 Long ABS-MBS CORP US N 2 2052-02-15 Variable 1.09103200 N N N N N N AB BSL CLO N/A 00037VAN8 650000.00000000 PA USD 653859.70000000 0.123680200774 Long ABS-CBDO CORP JE N 2 2038-04-20 Floating 6.12864000 N N N N N N Washington Mutual Mortgage Pas N/A 93935FAC5 112786.81000000 PA USD 64565.99000000 0.012212917551 Long ABS-MBS CORP US N 2 2046-08-25 Floating 5.35869000 N N N N N N Fanniemae Strip B1V7KEBTPIMZEU4LTD58 3136FCD86 2229783.96000000 PA USD 399543.39000000 0.075575244495 Long ABS-MBS USGSE US N 2 2036-01-25 Fixed 5.50000000 N N N N N N MOUNTAIN VIEW CLO N/A 623908AJ9 1000000.00000000 PA USD 1005352.00000000 0.190166387695 Long ABS-CBDO CORP KY N 2 2037-10-16 Floating 6.46054000 N N N N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 000000000 -8173500.00000000 NC USD -777.75000000 -0.00014711455 N/A DIR CORP FR N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 Put Written BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP FR US 2027-08-21 0.00000000 USD 0.00000000 USD 0.00000000 USD 0.01000000 USD 3.95000000 USD 2025-08-19 XXXX 12872.00000000 N N N UBS Commercial Mortgage Trust N/A 90278MBA4 60000.00000000 PA USD 56007.20000000 0.010593987885 Long ABS-MBS CORP US N 2 2052-10-15 Fixed 2.92100000 N N N N N N Navient Student Loan Trust N/A 63941JAA6 90073.57000000 PA USD 86924.04000000 0.016442032930 Long ABS-O CORP US N 2 2068-10-15 Fixed 2.40000000 N N N N N N Arroyo Mortgage Trust N/A 042855AC0 600000.00000000 PA USD 483813.72000000 0.091515317470 Long ABS-MBS CORP US N 2 2056-12-25 Fixed 3.65000000 N N N N N N Swire Pacific Ltd 549300KZOZHII0DGF611 000000000 6500.00000000 NS 55718.70000000 0.010539416946 Long EC CORP HK N 2 N N COMMONBOND STUDENT LOAN TRUST 549300KDXV3I7WKXA522 20268KAA8 16512.64000000 PA USD 15466.10000000 0.002925475225 Long ABS-O CORP US N 2 2042-09-25 Fixed 2.68000000 N N N N N N FISERV INC 0 C 07/02/2025 N/A 33774KU24 2500000.00000000 PA USD 2499361.75000000 0.472764360683 Long DBT CORP US N 2 2025-07-02 None 0.00000000 N N N N N N Eni SpA BUCRF72VH5RBN7X3VL35 000000000 14660.00000000 NS 236820.10000000 0.044795477554 Long EC CORP IT N 2 N N Social Professional Loan Progr N/A 83401CAC8 600000.00000000 PA USD 529898.64000000 0.100232466055 Long ABS-O CORP US N 2 2048-11-16 Fixed 3.05000000 N N N N N N Republic Services Inc NKNQHM6BLECKVOQP7O46 760759100 1964.00000000 NS USD 484342.04000000 0.091615251330 Long EC CORP US N 1 N N N Motorola Solutions Inc 6S552MUG6KGJVEBSEC55 620076307 1256.00000000 NS USD 528097.76000000 0.099891822336 Long EC CORP US N 1 N N N CHICAGO MERCANTILE EXCHANGE INC. SNZ2OJLFK8MNNCLQOF39 000000000 1.00000000 NC USD 5948.52000000 0.001125186562 N/A DIR CORP US N 2 CHICAGO MERCANTILE EXCHANGE INC. SNZ2OJLFK8MNNCLQOF39 Y 2055-05-05 0.00000000 USD 0.00000000 USD 561108.27000000 USD 5948.52000000 N N N Ace Securities Corp. N/A 00083BAB1 390393.02000000 PA USD 316824.86000000 0.059928700751 Long ABS-MBS CORP US N 2 2038-02-25 Variable 6.33600000 N N N N N N Astellas Pharma Inc 529900IB708DY2HBBB35 000000000 19200.00000000 NS 187986.33000000 0.035558372900 Long EC CORP JP N 2 N N N Wells Fargo Commercial Mortgag 549300ZJL46M82UL2Z22 94989QAV2 231545.59000000 PA USD 230891.24000000 0.043674009761 Long ABS-MBS CORP US N 2 2048-09-15 Fixed 3.78900000 N N N N N N ROBLOX Corp N/A 771049103 5510.00000000 NS USD 579652.00000000 0.109643514868 Long EC CORP US N 1 N N N Ralliant Corp N/A 750940108 1924.99990000 NS USD 93343.25000000 0.017656252405 Long EC CORP US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC USD 20512.26000000 0.003879976752 N/A DO CORP US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 Y Performance Leg 2026-02-10 0.00000000 USD 0.00000000 USD 5364000.00000000 USD 20512.26 N N N Mitsubishi Chemical Group Corp 353800YNKX4RQUGAR072 000000000 31500.00000000 NS 165564.77000000 0.031317244348 Long EC CORP JP N 2 N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137FWHG8 780719.28000000 PA USD 72993.78000000 0.013807068038 Long ABS-MBS USGSE US N 2 2035-07-25 Variable 1.43543100 N N N N N N RTX Corp I07WOS4YJ0N7YRFE7309 75513E101 6503.00000000 NS USD 949568.06000000 0.179614630339 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -45028.62000000 -0.00851734517 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -7228483.50000000 PEN 1995000.00000000 USD 2025-07-11 -45028.62000000 N N N Cognizant Technology Solutions 5493006IEVQEFQO40L83 192446102 6635.00000000 NS USD 517729.05000000 0.097930538998 Long EC CORP US N 1 N N N CONS EDISON CO CP. N/A 20911LUF4 2000000.00000000 PA USD 1996160.20000000 0.377581756932 Long DBT CORP US N 2 2025-07-15 None 0.00000000 N N N N N N LCM Ltd Partnership N/A 50189GAH5 192066.50000000 PA USD 192235.33000000 0.036362088396 Long ABS-CBDO CORP KY N 2 2028-10-20 Floating 6.53108000 N N N N N N CNA Financial Corp 549300YX2GSZD7YG1R84 126117100 729.00000000 NS USD 33920.37000000 0.006416174864 Long EC CORP US N 1 N N N Cintas Corp N/A 172908105 2109.00000000 NS USD 470032.83000000 0.088908606517 Long EC CORP US N 1 N N N Navient Student Loan Trust N/A 63935CAB7 458627.64000000 PA USD 441787.11000000 0.083565814599 Long ABS-O CORP US N 2 2068-08-15 Fixed 2.60000000 N N N N N N Starbucks Corp OQSJ1DU9TAOC51A47K68 855244109 5508.00000000 NS USD 504698.04000000 0.095465670873 Long EC CORP US N 1 N N N Sequoia Mortgage Trust N/A 81749NAV7 1866010.65000000 PA USD 1844889.28000000 0.348968251991 Long ABS-MBS CORP US N 2 2054-09-25 Variable 5.50000000 N N N N N N Homebanc Mortgage Trust N/A 43739EAB3 10489.52000000 PA USD 10257.16000000 0.001940183204 Long ABS-MBS CORP US N 2 2029-08-25 Floating 5.29368000 N N N N N N Bank N/A 06541FAJ8 500000.00000000 PA USD 385113.85000000 0.072845838776 Long ABS-MBS CORP US N 2 2050-05-15 Fixed 3.35700000 N N N N N N ABN AMRO Bank NV BFXS5XCH7N0Y05NIXW11 000000000 4991.00000000 NS 136284.38000000 0.025778740425 Long EC CORP NL N 2 N N N Flagstar Mortgage Trust N/A 33850BAG2 165196.23000000 PA USD 152398.66000000 0.028826821513 Long ABS-MBS CORP US N 2 2047-03-25 Variable 3.50000000 N N N N N N Sage Group PLC/The 2138005RN5XYLTF8G138 000000000 5671.00000000 NS 97386.70000000 0.018421087289 Long EC CORP GB N 2 N N N Cencora Inc AI8GXW8LG5WK7E9UD086 03073E105 1384.00000000 NS USD 414992.40000000 0.078497487078 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -79251.91000000 -0.01499081858 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -8087765.23000000 BRL 1405907.70000000 USD 2025-07-11 -79251.91000000 N N N Concentrix Corp 5493000EAJN1KMPVA737 20602D101 1378.00000000 NS USD 72834.19000000 0.013776880946 Long EC CORP US N 1 N N N Barclays Commercial Mortgage S N/A 05555PAG7 750000.00000000 PA USD 764109.90000000 0.144534470996 Long ABS-MBS CORP US N 2 2057-09-15 Variable 5.85800000 N N N N N N GS Mortgage Securities Trust N/A 36270GAE1 600000.00000000 PA USD 600739.98000000 0.113632391382 Long ABS-MBS CORP US N 2 2038-09-10 Variable 5.68871700 N N N N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137H2NZ3 1679103.61000000 PA USD 126987.33000000 0.024020165901 Long ABS-MBS USGSE US N 2 2036-08-25 Variable 1.09347300 N N N N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724CF7 29024.00000000 PA USD 13786.40000000 0.002607753192 Long DBT NUSS UA N 2 2035-02-01 Variable 0.01000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136B8VB2 2959150.68000000 PA USD 539394.28000000 0.102028604679 Long ABS-MBS USGSE US N 2 2050-03-25 Fixed 3.50000000 N N N N N N Bluemountain CLO Ltd 549300EYIDIF4X8MHI21 09628VAW4 119419.68000000 PA USD 119451.92000000 0.022594812692 Long ABS-CBDO CORP KY N 2 2030-11-15 Floating 5.52633000 N N N N N N Osaka Gas Co Ltd 353800024KMNOPQRWZ02 000000000 2100.00000000 NS 53864.85000000 0.010188753738 Long EC CORP JP N 2 N N N Vulcan Materials Co 549300Q8LSNHAVWBNI21 929160109 1450.00000000 NS USD 378189.00000000 0.071535975455 Long EC CORP US N 1 N N N Broadridge Financial Solutions 549300KZDJZQ2YIHRC28 11133T103 531.00000000 NS USD 129048.93000000 0.024410125860 Long EC CORP US N 1 N N N Uber Technologies Inc 549300B2FTG34FILDR98 90353T100 6796.00000000 NS USD 634066.80000000 0.119936293868 Long EC CORP US N 1 N N N GS Mortgage Securities Trust N/A 36253BAW3 193906.84000000 PA USD 926.22000000 0.000175198250 Long ABS-MBS CORP US N 2 2047-06-10 Variable 0.74368700 N N N N N N Gam Resecuritization Trust N/A 36459TAQ9 125000.00000000 PA USD 124001.96000000 0.023455471118 Long ABS-MBS CORP US N 2 2051-09-27 Variable 0.81000000 N N N N N N Smith & Nephew PLC 213800ZTMDN8S67S1H61 000000000 2855.00000000 NS 43722.04000000 0.008270200297 Long EC CORP GB N 2 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BFGH0 12376961.80000000 PA USD 2737642.85000000 0.517836192284 Long ABS-MBS USGSE US N 2 2051-03-25 Fixed 3.50000000 N N N N N N Intesa Sanpaolo SpA 2W8N8UU78PMDQKZENC08 000000000 68536.00000000 NS 394796.60000000 0.074677370012 Long EC CORP IT N 2 N N N Equitable Holdings Inc 549300FIBAKMNHPZ4009 29452E101 6134.00000000 NS USD 344117.40000000 0.065091194826 Long EC CORP US N 1 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 000000000 219.00000000 NS USD 63448.68000000 0.012001573856 Long EC CORP CH N 1 N N N Mettler-Toledo International I 5493000BD5GJNUDIUG10 592688105 299.00000000 NS USD 351241.28000000 0.066438705475 Long EC CORP US N 1 N N N BNP PARIBAS R0MUWSFPU8MPRO8K5P83 000000000 -3080000.00000000 NC USD -97025.35000000 -0.01835273647 N/A DFE CORP FR N 2 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 Call Written BNP PARIBAS R0MUWSFPU8MPRO8K5P83 BNP PARIBAS R0MUWSFPU8MPRO8K5P83 000000000 0.00000000 NC USD 0.00000000 0.00000000 DFE CORP FR US N/A USD N/A BRL 2026-06-10 0.01000000 USD 6.30000000 USD 2026-06-10 XXXX 27622.25000000 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AXRD7 521888.07000000 PA USD 10531.02000000 0.001991984928 Long ABS-MBS USGSE US N 2 2028-01-15 Fixed 2.50000000 N N N N N N COPT Defense Properties YY1J47X6LF9TYY8JY420 22002T108 3307.00000000 NS USD 91207.06000000 0.017252183446 Long EC CORP US N 1 N N N Koninklijke Ahold Delhaize NV 724500C9GNBV20UYRX36 000000000 6093.00000000 NS 254483.73000000 0.048136624447 Long EC CORP NL N 2 N N N Freddie Mac - STACR 5493000IS349P4O9HR58 35564KYP8 1000000.00000000 PA USD 1063661.10000000 0.201195789255 Long ABS-MBS CORP US N 2 2042-06-25 Floating 8.80517000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38379JJF9 2275701.46000000 PA USD 117514.04000000 0.022228254870 Long ABS-MBS USGA US N 2 2030-02-20 Fixed 3.50000000 N N N N N N Sekisui Chemical Co Ltd 529900KQIVT7NWFNMI70 000000000 8800.00000000 NS 159374.01000000 0.030146237113 Long EC CORP JP N 2 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 808513105 7839.00000000 NS USD 715230.36000000 0.135288708762 Long EC CORP US N 1 N N N Bear Stearns Alt-A Trust N/A 07386HVR9 16199.31000000 PA USD 12802.24000000 0.002421595356 Long ABS-MBS CORP US N 2 2035-09-25 Variable 5.96381900 N N N N N N JP Morgan Mortgage Trust N/A 46591FAC8 30484.49000000 PA USD 28820.41000000 0.005451496850 Long ABS-MBS CORP US N 2 2049-11-25 Variable 4.00000000 N N N N N N Cigna Group/The 549300VIWYMSIGT1U456 125523100 1923.00000000 NS USD 635705.34000000 0.120246230321 Long EC CORP US N 1 N N N Heineken Holding NV 724500M1WJLFM9TYBS04 000000000 311.00000000 NS 23206.78000000 0.004389656083 Long EC CORP NL N 2 N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CNL1 172900.00000000 PA USD 173014.82000000 0.032726451369 Long DBT UST US N 2 2027-06-30 Fixed 3.75000000 N N N N N N Apidos CLO Ltd 549300CXPXW83QGWOL98 03768RAQ9 248788.30000000 PA USD 248840.55000000 0.047069194178 Long ABS-CBDO CORP KY N 2 2033-01-20 Floating 5.36947000 N N N N N N JP Morgan Chase Commercial Mor N/A 46645UAV9 1060201.86000000 PA USD 5586.10000000 0.001056633356 Long ABS-MBS CORP US N 2 2049-12-15 Variable 0.70142900 N N N N N N Nippon Steel Corp 35380065QWQ4U2V3PA33 000000000 9600.00000000 NS 181554.59000000 0.034341783325 Long EC CORP JP N 2 N N N Flagstar Mortgage Trust N/A 33852EAD1 751207.64000000 PA USD 609147.97000000 0.115222796619 Long ABS-MBS CORP US N 2 2051-04-25 Variable 2.50000000 N N N N N N GS Mortgage Securities Trust N/A 36258RBC6 1292310.62090000 PA USD 54229.30000000 0.010257690926 Long ABS-MBS CORP US N 2 2053-05-12 Variable 1.23748800 N N N N N N JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 000000000 -3080500.00000000 NC USD -7116.34000000 -0.00134608442 N/A DCR CORP US N 2 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 Put Written JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 000000000 0.00000000 NC USD 0.00000000 0.00000000 DCR CORP US IHS MARKIT LTD CDX.NA.HY.44.V1 Default Event 2030-06-20 0.00000000 USD 0.00000000 USD N/A N/A 0.01000000 USD 104.50000000 USD 2025-08-21 XXXX 17712.49000000 N N N QBE Insurance Group Ltd 549300D2FBW76FPUSG65 000000000 12736.00000000 NS 196123.34000000 0.037097521177 Long EC CORP AU N 2 N N N Magnetite CLO Ltd 529900SMT5EN0CN67W73 559916AG6 1000000.00000000 PA USD 1006413.00000000 0.190367080127 Long ABS-CBDO CORP KY N 2 2038-01-25 Floating 6.32235000 N N N N N N Sumitomo Mitsui Trust Group In 353800P843RLCDBLNT17 000000000 6600.00000000 NS 175543.04000000 0.033204674384 Long EC CORP JP N 2 N N N Arbor Realty Collateralized Lo N/A 03880RAA7 1243905.09000000 PA USD 1244069.41000000 0.235320749093 Long ABS-CBDO CORP KY N 2 2036-11-15 Floating 5.77624000 N N N N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 1187.00000000 NC USD 1425830.33000000 0.269701560570 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Long US TREASURY N/B United States Treasury Note/Bond 2025-09-30 127957169.67000000 USD 1425830.33000000 N N N Japan Airlines Co Ltd 3538002MH5L1QZZ93477 000000000 7900.00000000 NS 161127.64000000 0.030477943304 Long EC CORP JP N 2 N N Swisscom AG 5493005SL9HHOXS3B739 000000000 37.00000000 NS 26273.27000000 0.004969695040 Long EC CORP CH N 2 N N N Vanguard Russell 1000 Growth ETF N/A 92206C680 51012.00000000 NS USD 5570510.40000000 1.053684520833 Long EC RF US N 1 N N N PFP III N/A 69380CAA6 475818.72000000 PA USD 476696.82000000 0.090169127117 Long ABS-CBDO CORP BM N 2 2038-09-16 Floating 6.67867000 N N N N N N Flagstar Mortgage Trust N/A 33852EBQ1 525886.30000000 PA USD 443239.59000000 0.083840557052 Long ABS-MBS CORP US N 2 2051-04-25 Variable 2.78119800 N N N N N N Fannie Mae - CAS N/A 20754QAF5 2000000.00000000 PA USD 2189435.80000000 0.414140616597 Long ABS-MBS CORP US N 2 2043-05-25 Floating 9.65621000 N N N N N N Brambles Ltd N/A 000000000 8981.00000000 NS 138700.77000000 0.026235810344 Long EC CORP AU N 2 N N N Wells Fargo Mortgage Backed Se N/A 94983PAF5 6252.41000000 PA USD 6201.86000000 0.001173106845 Long ABS-MBS CORP US N 2 2036-04-25 Variable 6.14032900 N N N N N N HKT Trust & HKT Ltd N/A 000000000 96000.00000000 NS 143526.91000000 0.027148694200 Long EC CORP HK N 2 N N Freddie Mac - STACR 5493000ISE4NWBTOSK36 35564KNS4 1000000.00000000 PA USD 1012036.00000000 0.191430693267 Long ABS-MBS CORP US N 2 2041-12-25 Floating 6.65517000 N N N N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 235851102 1889.00000000 NS USD 373153.06000000 0.070583407083 Long EC CORP US N 1 N N N Juniper Networks Inc AUHIXNGG7U2U7JEHM527 48203R104 893.00000000 NS USD 35657.49000000 0.006744758122 Long EC CORP US N 1 N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 470.00000000 NC USD 373653.53000000 0.070678073003 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Long US TREASURY N/B United States Treasury Note/Bond 2025-09-30 97397362.10000000 USD 373653.53000000 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 172967424 6119.00000000 NS USD 520849.28000000 0.098520743094 Long EC CORP US N 1 N N N Bluemountain CLO Ltd 5493002GUQ80FGGGNP40 09630QAQ4 455000.00000000 PA USD 455498.23000000 0.086159328275 Long ABS-CBDO CORP KY N 2 2035-04-15 Floating 6.40610000 N N N N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 000000000 1.00000000 NC USD 46664.29000000 0.008826738757 N/A DFE CORP US N 2 State Street Bank and Trust Company 571474TGEMMWANRLN572 -879217.59000000 USD 17391555.65000000 MXN 2025-07-11 46664.29000000 N N N Swiss Re AG 529900PS9YW3YY29F326 000000000 1665.00000000 NS 288023.53000000 0.054480812960 Long EC CORP CH N 2 N N N Micron Technology Inc B3DXGBC8GAIYWI2Z0172 595112103 3847.00000000 NS USD 474142.75000000 0.089686014470 Long EC CORP US N 1 N N N Chase Mortgage Finance Corpora N/A 16163YAC8 169182.87000000 PA USD 155976.96000000 0.029503671397 Long ABS-MBS CORP US N 2 2045-04-25 Variable 3.75000000 N N N N N N Sonic Healthcare Ltd 549300NQQ5L2NONWR862 000000000 9428.00000000 NS 166415.46000000 0.031478155795 Long EC CORP AU N 2 N N N American Money Management Corp N/A 00177GAL5 250000.00000000 PA USD 250099.50000000 0.047307329651 Long ABS-CBDO CORP KY N 2 2035-04-15 Floating 5.60610000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A5LH7 1379741.18000000 PA USD 64307.25000000 0.012163975836 Long ABS-MBS USGSE US N 2 2041-04-25 Floating 2.18035000 N N N N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 539830109 860.00000000 NS USD 398300.40000000 0.075340127921 Long EC CORP US N 1 N N N BDS Ltd N/A 05555MAA7 2000000.00000000 PA USD 2004556.50000000 0.379169950959 Long ABS-CBDO CORP US N 2 2039-09-19 Floating 5.89373000 N N N N N N Sequoia Mortgage Trust N/A 816935AU4 642740.03000000 PA USD 644879.39000000 0.121981538899 Long ABS-MBS CORP US N 2 2055-03-25 Variable 6.00000000 N N N N N N GS Mortgage Securities Trust N/A 36255NAT2 1000000.00000000 PA USD 984228.00000000 0.186170697853 Long ABS-MBS CORP US N 2 2051-03-10 Variable 3.99200000 N N N N N N Fannie Mae - CAS N/A 20754NAK1 500000.00000000 PA USD 523272.25000000 0.098979057647 Long ABS-MBS CORP US N 2 2042-05-25 Floating 8.15517000 N N N N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 30303M102 6806.00000000 NS USD 5023440.54000000 0.950204049224 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 -2200000.00000000 NC USD -56195.39000000 -0.01062958478 N/A DFE CORP GB N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 Put Written GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 0.00000000 NC 0.00000000 0.00000000 DFE CORP GB US N/A INR N/A USD 2027-05-12 0.01000000 USD 89.42000000 USD 2027-05-12 XXXX 5404.61000000 N N N BENCHMARK Mortgage Trust N/A 08160JAG2 921029.42720000 PA USD 27439.63000000 0.005190316741 Long ABS-MBS CORP US N 2 2052-03-15 Variable 1.17713900 N N N N N N CODELCO INC 549300UVMBCBCIPSUI70 21987BBG2 200000.00000000 PA USD 204400.00000000 0.038663084815 Long DBT CORP CL N 2 2034-01-08 Fixed 5.95000000 N N N N N N TIS Inc 35380064HYEZXBQHDF07 000000000 4400.00000000 NS 147442.56000000 0.027889355198 Long EC CORP JP N 2 N N N JP Morgan Mortgage Trust N/A 46651ABC5 423266.87000000 PA USD 409014.04000000 0.077366656159 Long ABS-MBS CORP US N 2 2049-12-25 Variable 4.67970200 N N N N N N Sequoia Mortgage Trust N/A 81746YCD4 944845.53000000 PA USD 883394.19000000 0.167097575797 Long ABS-MBS CORP US N 2 2049-06-25 Variable 4.24724700 N N N N N N Magnetite CLO Ltd 549300Z6VW568TT64K70 55953HBD4 73219.20000000 PA USD 73237.80000000 0.013853225406 Long ABS-CBDO CORP KY N 2 2031-10-15 Floating 5.40610000 N N N N N N Atlassian Corp 549300V7ZY5P02D2MY38 049468101 3152.00000000 NS USD 640139.68000000 0.121085003626 Long EC CORP AU N 1 N N N Woodward Capital Management N/A 749350BL7 438966.96000000 PA USD 366277.94000000 0.069282950391 Long ABS-MBS CORP US N 2 2051-03-25 Variable 2.71471000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38379LRE8 4962275.39000000 PA USD 986668.07000000 0.186632246940 Long ABS-MBS USGA US N 2 2045-04-20 Fixed 4.00000000 N N N N N N DEUTSCHE BANK AKTIENGESELLSCHAFT 7LTWFZYICNSX8D621K86 000000000 -1842000.00000000 NC USD -60842.79000000 -0.01150865924 N/A DFE CORP DE N 2 DEUTSCHE BANK AKTIENGESELLSCHAFT 7LTWFZYICNSX8D621K86 Call Written DEUTSCHE BANK AKTIENGESELLSCHAFT 7LTWFZYICNSX8D621K86 DEUTSCHE BANK AKTIENGESELLSCHAFT 7LTWFZYICNSX8D621K86 000000000 0.00000000 NC USD 0.00000000 0.00000000 DFE CORP DE US N/A USD N/A TRY 2025-11-07 0.01000000 USD 47.00000000 USD 2025-11-07 XXXX 105121.41000000 N N N J.G. Wentworth XLI LLC N/A 46651TAA9 886457.70000000 PA USD 791544.59000000 0.149723853317 Long ABS-O CORP US N 2 2072-10-17 Fixed 3.74000000 N N N N N N Medtronic PLC 549300GX3ZBSQWUXY261 000000000 8624.00000000 NS USD 751754.08000000 0.142197317784 Long EC CORP IE N 1 N N N Origin Energy Ltd ZSN2LWNPYW6ISMRUC664 000000000 25054.00000000 NS 178082.26000000 0.033684978094 Long EC CORP AU N 2 N N N Visa Inc 549300JZ4OKEHW3DPJ59 92826C839 8234.00000000 NS USD 2923481.70000000 0.552988360676 Long EC CORP US N 1 N N N Verus Securitization Trust N/A 92539LAA8 496336.84000000 PA USD 436398.76000000 0.082546586453 Long ABS-MBS CORP US N 2 2066-06-25 Variable 1.04600000 N N N N N N Assurant Inc H3F39CAXWQRVWURFXL38 04621X108 2110.00000000 NS USD 416703.90000000 0.078821224209 Long EC CORP US N 1 N N N Walmart Inc Y87794H0US1R65VBXU25 931142103 7487.00000000 NS USD 732078.86000000 0.138475670525 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -24420.64000000 -0.00461926260 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -4090487.00000000 PEN 1130000.00000000 USD 2025-07-11 -24420.64000000 N N N Westinghouse Air Brake Technol 06BTX5UWZD0GQ5N5Y745 929740108 1391.00000000 NS USD 291205.85000000 0.055082761630 Long EC CORP US N 1 N N N Ingersoll Rand Inc 5299004C02FMZCUOIR50 45687V106 1154.00000000 NS USD 95989.72000000 0.018156842885 Long EC CORP US N 1 N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 29273VAM2 450000.00000000 PA USD 459523.80000000 0.086920781085 Long DBT CORP US N 2 N/A Fixed 7.12500000 N N N N N N SGS SA 2138007JNS19JHNA2336 000000000 1551.00000000 NS 157481.81000000 0.029788319847 Long EC CORP CH N 2 N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 1.00000000 NC USD 50956.35000000 0.009638599226 N/A DIR CORP GB N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 Y 2044-11-29 0.00000000 USD 0.00000000 USD 1687000.00000000 USD 50956.35000000 N N N JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 000000000 3336910.00000000 NC USD -39331.01000000 -0.00743961925 N/A DIR CORP US N 2 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 Call Purchased JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP US 2034-08-14 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 2.37500000 USD 2034-08-14 XXXX -39331.01000000 N N N Fanniemae Strip B1V7KEBTPIMZEU4LTD58 31424VDZ4 2942475.64000000 PA USD 286576.24000000 0.054207052216 Long ABS-MBS USGSE US N 2 2039-04-25 Fixed 3.00000000 N N N N N N MGIC Investment Corp 254900S8483WM4M98R28 552848103 13105.00000000 NS USD 364843.20000000 0.069011563531 Long EC CORP US N 1 N N N Wendy's Co/The 529900M0JIUCMWVKHG76 95058W100 18763.00000000 NS USD 214273.46000000 0.040530689616 Long EC CORP US N 1 N N Barclays Commercial Mortgage S N/A 054976AG0 4621448.18000000 PA USD 306476.19000000 0.057971208061 Long ABS-MBS CORP US N 2 2055-09-15 Variable 1.32397800 N N N N N N Venture CDO Ltd 549300IW5Q3C6JHMIU22 92333BBA7 219347.25000000 PA USD 219543.79000000 0.041527593803 Long ABS-CBDO CORP KY N 2 2032-07-15 Floating 5.50610000 N N N N N N Freddie Mac - STACR 5493000ISU5NYXNHD479 35564KHE2 84251.67000000 PA USD 84641.50000000 0.016010281278 Long ABS-MBS CORP US N 2 2034-01-25 Floating 5.95517000 N N N N N N Scentre Group N/A 000000000 16902.00000000 NS 39698.01000000 0.007509038784 Long EC CORP AU N 2 N N N Suntory Beverage & Food Ltd 549300FONLMVK7YYYH41 000000000 1800.00000000 NS 57562.99000000 0.010888271842 Long EC CORP JP N 2 N N N UK CLEARING HOUSE LIMITED 213800O8SCO4XJGBU385 000000000 1.00000000 NC USD 42101.76000000 0.007963717797 N/A DIR CORP GB N 2 UK CLEARING HOUSE LIMITED 213800O8SCO4XJGBU385 Y 2044-08-16 0.00000000 USD 0.00000000 USD 1334800.00000000 USD 42101.76000000 N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 -2458000.00000000 NC 21743.68000000 0.004112904814 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Written UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP CH US 2035-12-17 0.00000000 USD 0.00000000 USD 0.00000000 EUR 1.00000000 USD 3.50000000 EUR 2025-12-15 XXXX 21743.68000000 N N N Citigroup Commercial Mortgage N/A 17326DAJ1 919620.91000000 PA USD 12610.90000000 0.002385402623 Long ABS-MBS CORP US N 2 2050-09-15 Variable 1.00113900 N N N N N N NVIDIA Corp 549300S4KLFTLO7GSQ80 67066G104 72184.00000000 NS USD 11404350.16000000 2.157178852723 Long EC CORP US N 1 N N N Shell PLC 21380068P1DRHMJ8KU70 000000000 15454.00000000 NS 539181.56000000 0.101988367832 Long EC CORP GB N 2 N N N Navient Student Loan Trust N/A 63941GAB0 286193.19000000 PA USD 272336.86000000 0.051513616029 Long ABS-O CORP US N 2 2069-01-15 Fixed 2.12000000 N N N N N N Magnetite CLO Ltd 549300J3BCFSIZAJJW77 55952FAA6 340000.00000000 PA USD 340205.36000000 0.064351216674 Long ABS-CBDO CORP KY N 2 2034-07-15 Floating 5.61771000 N N N N N N Fannie Mae - CAS N/A 207941AB1 700000.00000000 PA USD 706783.70000000 0.133690988938 Long ABS-MBS CORP US N 2 2044-03-25 Floating 6.25621000 N N N N N N UPM-Kymmene Oyj 213800EC6PW5VU4J9U64 000000000 5718.00000000 NS 156147.70000000 0.029535967557 Long EC CORP FI N 2 N N N MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 87000.00000000 NC USD 2124.82000000 0.000401918277 N/A DFE CORP US N 2 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 Put Purchased MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 0.00000000 NC USD 0.00000000 0.00000000 DFE CORP US N/A JPY N/A USD 2025-10-13 0.01000000 USD 125.00000000 USD 2025-10-13 XXXX -5511.00000000 N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 375558103 6266.00000000 NS USD 694711.42000000 0.131407468461 Long EC CORP US N 1 N N N Deutsche Telekom AG 549300V9QSIG4WX4GJ96 000000000 9595.00000000 NS 351212.57000000 0.066433274863 Long EC CORP DE N 2 N N N Fannie Mae - CAS N/A 20755DAB2 700000.00000000 PA USD 730935.31000000 0.138259363428 Long ABS-MBS CORP US N 2 2042-07-25 Floating 7.90517000 N N N N N N Amdocs Ltd 549300HQV672RJ7RQV66 000000000 247.00000000 NS USD 22536.28000000 0.004262828302 Long EC CORP US N 1 N N N Welltower Inc 254900F33BIAR82QTA19 95040Q104 3564.00000000 NS USD 547893.72000000 0.103636308052 Long EC CORP US N 1 N N N Builders FirstSource Inc 549300W0SKP6L3H7DP63 12008R107 2264.00000000 NS USD 264186.16000000 0.049971878234 Long EC CORP US N 1 N N N TD SECURITIES (USA) LLC SUVUFHICNZMP2WKHG940 000000000 5721.00000000 PA USD 5721.00000000 0.001082150235 Long RA CORP US N 2 Repurchase Y 4.40000000 2025-07-01 5889.74089500 USD 5835.42275952 USD UST N N Countrywide Alternative Loan T N/A 02147QAM4 69446.78000000 PA USD 30206.59000000 0.005713698391 Long ABS-MBS CORP US N 2 2036-08-25 Floating 4.83368000 N N N N N N Entergy Corp 4XM3TW50JULSLG8BNC79 29364G103 4146.00000000 NS USD 344615.52000000 0.065185416234 Long EC CORP US N 1 N N N JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 000000000 -3336910.00000000 NC USD -36716.30000000 -0.00694503630 N/A DIR CORP US N 2 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 Put Written JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 7H6GLXDRUGQFU57RNE97 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP US 2034-08-14 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 5.54000000 USD 2034-08-14 XXXX -36716.30000000 N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 -19757300.00000000 NC USD 13540.87000000 0.002561310201 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Written UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP CH US 2027-02-04 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 3.96500000 USD 2026-02-02 XXXX 13540.87000000 N N N Johnson Controls International 549300XQ6S1GYKGBL205 000000000 10819.00000000 NS USD 1142702.78000000 0.216146841984 Long EC CORP US N 1 N N N MTN Commercial Mortgage Trust N/A 62475WAA3 355000.00000000 PA USD 354984.31000000 0.067146714704 Long ABS-MBS CORP US N 2 2039-03-15 Floating 5.71690000 N N N N N N Navient Student Loan Trust 549300ZUZB9UCBWEBN39 63941BAB1 6902.07000000 PA USD 6842.82000000 0.001294347015 Long ABS-O CORP US N 2 2043-01-15 Fixed 3.42000000 N N N N N N Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 000000000 1.00000000 NC USD 0.00000000 0.000000 N/A DFE CORP US N 2 Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 -150.00000000 JPY 1.04000000 USD 2025-07-18 0.00000000 N N N Bank N/A 06650AAG2 3000000.00000000 PA USD 12448.20000000 0.002354627262 Long ABS-MBS CORP US N 2 2050-11-15 Variable 0.22841800 N N N N N N Union Pacific Corp 549300LMMRSZZCZ8CL11 907818108 2732.00000000 NS USD 628578.56000000 0.118898171126 Long EC CORP US N 1 N N N Mill City Solar Loan 2019-2 Lt N/A 59982VAA7 234208.43000000 PA USD 206455.50000000 0.039051890934 Long ABS-O CORP KY N 2 2043-07-20 Fixed 3.69000000 N N N N N N Swiss Prime Site AG 506700XI9H64OPR34158 000000000 230.00000000 NS 34528.57000000 0.006531218348 Long EC CORP CH N 2 N N N BX Trust N/A 12433EAJ0 700000.00000000 PA USD 700021.28000000 0.132411849906 Long ABS-MBS CORP US N 2 2039-01-15 Floating 5.91176000 N N N N N N COMM Mortgage Trust N/A 12593YBH5 1016376.52000000 PA USD 2820.09000000 0.000533431403 Long ABS-MBS CORP US N 2 2049-02-10 Variable 0.74579900 N N N N N N Bank of Ireland Group PLC 635400C8EK6DRI12LJ39 000000000 13704.00000000 NS 195284.29000000 0.036938811483 Long EC CORP IE N 2 N N N JP Morgan Mortgage Trust N/A 46650HAC2 37669.18000000 PA USD 35345.51000000 0.006685745846 Long ABS-MBS CORP US N 2 2049-05-25 Variable 4.00000000 N N N N N N JP Morgan Mortgage Trust N/A 46649KAN5 784691.86000000 PA USD 710042.48000000 0.134307400325 Long ABS-MBS CORP US N 2 2048-10-25 Variable 3.50000000 N N N N N N iShares Core S&P Mid-Cap ETF 549300ODQWH5PC0IUZ78 464287507 430467.00000000 NS USD 26697563.34000000 5.049951838404 Long EC RF US N 1 N N N FedEx Corp 549300E707U7WNPZN687 31428X106 2354.00000000 NS USD 535087.74000000 0.101214005259 Long EC CORP US N 1 N N N Axon Enterprise Inc 549300QP2IEEGFE16681 05464C101 1048.00000000 NS USD 867681.12000000 0.164125385200 Long EC CORP US N 1 N N N iShares MSCI EAFE Value ETF 549300AN74D4XJZB8Y40 464288877 6419.00000000 NS USD 407478.12000000 0.077076130693 Long EC RF US N 1 N N N Equity Residential 5493008RACSH5EP3PI59 29476L107 2887.00000000 NS USD 194843.63000000 0.036855458866 Long EC CORP US N 1 N N N Intuit Inc VI90HBPH7XSFMB9E4M29 461202103 532.00000000 NS USD 419019.16000000 0.079259164981 Long EC CORP US N 1 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38381WSU3 2092507.24000000 PA USD 471482.27000000 0.089182773942 Long ABS-MBS USGA US N 2 2049-06-20 Fixed 4.50000000 N N N N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137FTG27 1426902.76000000 PA USD 87438.75000000 0.016539392403 Long ABS-MBS USGSE US N 2 2030-04-25 Variable 1.68769200 N N N N N N Sequoia Mortgage Trust N/A 81743AAG4 311182.41000000 PA USD 280397.41000000 0.053038301588 Long ABS-MBS CORP US N 2 2049-12-25 Variable 3.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137ALQR3 1492434.36000000 PA USD 178200.99000000 0.033707436352 Long ABS-MBS USGSE US N 2 2042-02-15 Floating 2.03167000 N N N N N N Bain Capital Credit CLO, Limit 254900X1J8WOE4EG9026 05685VAG7 750000.00000000 PA USD 753370.50000000 0.142503070150 Long ABS-CBDO CORP KY N 2 2037-10-23 Floating 6.17934000 N N N N N N Telstra Group Ltd 894500WRW54CVN62K416 000000000 56163.00000000 NS 179082.64000000 0.033874204007 Long EC CORP AU N 2 N N N Octagon Investment Partners 43 N/A 67573LAQ2 650000.00000000 PA USD 651360.45000000 0.123207457551 Long ABS-CBDO CORP KY N 2 2032-10-25 Floating 6.73177000 N N N N N N Citigroup Mortgage Loan Trust N/A 17332CCG9 1974304.42000000 PA USD 2003023.64000000 0.378880004304 Long ABS-MBS CORP US N 2 2054-07-25 Variable 6.73966300 N N N N N N Symphony CLO Ltd N/A 87166VAW8 199504.27000000 PA USD 199555.74000000 0.037746773488 Long ABS-CBDO CORP KY N 2 2032-01-16 Floating 5.36054000 N N N N N N Jack Henry & Associates Inc 529900X1QS8C54W0JB21 426281101 408.00000000 NS USD 73509.36000000 0.013904592076 Long EC CORP US N 1 N N N Snap-on Inc HHWAT5TDOYZMM26KKQ73 833034101 1320.00000000 NS USD 410757.60000000 0.077696457569 Long EC CORP US N 1 N N N FS Rialto Issuer Ltd N/A 30340KAA9 1000000.00000000 PA USD 998136.70000000 0.188801584584 Long ABS-CBDO CORP US N 2 2042-08-19 Floating 5.70262500 N N N N N N Fanniemae Strip B1V7KEBTPIMZEU4LTD58 3136FG5J2 2799181.85000000 PA USD 584543.07000000 0.110568680496 Long ABS-MBS USGSE US N 2 2039-01-25 Fixed 5.50000000 N N N N N N JPMDB Commercial Mortgage Secu N/A 46591ABC8 18382182.76000000 PA USD 255694.32000000 0.048365612430 Long ABS-MBS CORP US N 2 2051-06-15 Variable 0.74653200 N N N N N N Simon Property Group Inc 529900GQL5X8H7AO3T64 828806109 3330.00000000 NS USD 535330.80000000 0.101259981039 Long EC CORP US N 1 N N N Gjensidige Forsikring ASA 5967007LIEEXZX6FAO47 000000000 3272.00000000 NS 82945.03000000 0.015689387132 Long EC CORP NO N 2 N N N NOTA DO TESOURO NACIONAL 254900ZFY40OYEADAP90 000000000 1035000.00000000 PA 780925.79000000 0.147715264447 Long DBT NUSS BR N 2 2050-08-15 Fixed 6.00000000 N N N N N N Shackleton CLO LTD 549300O6RVX5OXLL7335 81883MAQ6 550000.00000000 PA USD 550748.00000000 0.104176206632 Long ABS-CBDO CORP KY N 2 2032-01-15 Floating 6.66771000 N N N N N N DC Commercial Mortgage Trust N/A 24022FAA8 500000.00000000 PA USD 505897.80000000 0.095692610318 Long ABS-MBS CORP US N 2 2040-04-13 Variable 5.93346800 N N N N N N TCW Ltd N/A 872373AL9 750000.00000000 PA USD 750037.50000000 0.141872619750 Long ABS-CBDO CORP KY N 2 2036-04-28 Floating 7.78262000 N N N N N N REPUBLIC OF COLOMBIA 549300MHDRBVRF6B9117 195325ES0 225000.00000000 PA USD 234506.25000000 0.044357803490 Long DBT NUSS CO N 2 2035-04-25 Fixed 8.50000000 N N N N N N Iberdrola SA 5QK37QC7NWOJ8D7WVQ45 000000000 14839.00000000 NS 285473.97000000 0.053998553398 Long EC CORP ES N 2 N N N Kenvue Inc 5493008HSF8L4M2LIJ82 49177J102 17417.00000000 NS USD 364537.81000000 0.068953797780 Long EC CORP US N 1 N N N JP Morgan Mortgage Trust N/A 465977AY2 836284.26000000 PA USD 699102.28000000 0.132238017348 Long ABS-MBS CORP US N 2 2052-09-25 Variable 2.80000000 N N N N N N Social Professional Loan Progr N/A 83390UAF4 161349.18000000 PA USD 151125.66000000 0.028586028426 Long ABS-O CORP US N 2 2046-02-15 Fixed 1.95000000 N N N N N N Wells Fargo Commercial Mortgag 5493006021R83VCLAO08 95001NAC2 400000.00000000 PA USD 344525.40000000 0.065168369672 Long ABS-MBS CORP US N 2 2051-06-15 Fixed 3.00000000 N N N N N N Banco de Sabadell SA SI5RG2M0WQQLZCXKRM20 000000000 14269.00000000 NS 45426.22000000 0.008592552821 Long EC CORP ES N 2 N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137F84J9 840119.82000000 PA USD 34999.69000000 0.006620332597 Long ABS-MBS USGSE US N 2 2029-12-25 Variable 1.46374600 N N N N N N Exeter Automobile Receivables N/A 30167PAD2 400000.00000000 PA USD 400896.04000000 0.075831103701 Long ABS-O CORP US N 2 2028-08-15 Fixed 5.29000000 N N N N N N Bank Leumi Le-Israel BM 7JDSZWRGUQY2DSTWCR57 000000000 12090.00000000 NS 224941.08000000 0.042548512986 Long EC CORP IL N 2 N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 -203.00000000 NC USD -408005.64000000 -0.07717591323 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Short US TREASURY N/B United States Treasury Note/Bond 2025-09-19 -22353369.36000000 USD -408005.64000000 N N N STATE OF WISCONSIN INVESTMENT BOARD VY0GIYI3352UC4XOP168 000000000 1000000.00000000 PA USD 1000000.00000000 0.189154035298 Long RA CORP US N 2 Repurchase Y 4.48000000 2025-07-01 937229.61178219 USD 1016993.31009420 USD UST N N Madison Park Funding Ltd N/A 55821UAE4 250000.00000000 PA USD 250442.75000000 0.047372256773 Long ABS-CBDO CORP KY N 2 2033-04-19 Floating 6.53108000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137BQNR4 1896907.47000000 PA USD 346214.64000000 0.065487896235 Long ABS-MBS USGSE US N 2 2046-06-15 Fixed 3.50000000 N N N N N N Power Assets Holdings Ltd 254900JOWYUW1ZX4DF47 000000000 26000.00000000 NS 167168.77000000 0.031620647421 Long EC CORP HK N 2 N N N BOF URSA FUNDING N/A 072926AC2 150000.00000000 PA USD 150577.80000000 0.028482398496 Long ABS-O CORP US N 2 2028-03-15 Fixed 5.66000000 N N N N N N Magnetite CLO Ltd 549300F7COUCG1RROP29 55954YBA2 1000000.00000000 PA USD 1003940.00000000 0.189899302197 Long ABS-CBDO CORP KY N 2 2038-01-25 Floating 6.01626000 N N N N N N MF1 Multifamily Housing Mortga N/A 55282XAJ9 182000.00000000 PA USD 179767.39000000 0.034003727233 Long ABS-CBDO CORP KY N 2 2036-07-15 Floating 6.92818000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136B3TM2 112197.12000000 PA USD 9729.57000000 0.001840387427 Long ABS-MBS USGSE US N 2 2048-12-25 Floating 1.68035000 N N N N N N Sysco Corp 5RGWIFLMGH3YS7KWI652 871829107 1452.00000000 NS USD 109974.48000000 0.020802116671 Long EC CORP US N 1 N N N Freddie Mac - STACR 5493000ISE4NWBTOSK36 35564KPN3 600000.00000000 PA USD 618091.92000000 0.116914580853 Long ABS-MBS CORP US N 2 2041-12-25 Floating 8.05517000 N N N N N N Kemper Corp 549300FNI1JKTRY2PV09 488401100 3697.00000000 NS USD 238604.38000000 0.045132981316 Long EC CORP US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC USD 211680.00000000 0.040040126192 N/A DIR CORP US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 IHS MARKIT LTD IBOXX USD LIQUID HIGH YIELD INDEX Y Performance Leg 2025-12-22 0.00000000 USD 0.00000000 USD 8820000.00000000 USD 211680.00000000 N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 740000.00000000 NC USD 25213.02000000 0.004769144475 N/A DIR CORP GB N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 Call Purchased BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP GB US THE SECURED OVERNIGHT FINANCING RATE THE SECURED OVERNIGHT FINANCING RATE 2057-06-02 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 0.00000000 USD 2027-05-28 XXXX 25213.02000000 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38383GGP0 6877936.29000000 PA USD 1576015.82000000 0.298109752047 Long ABS-MBS USGA US N 2 2052-01-20 Fixed 4.50000000 N N N N N N SoftBank Corp 353800M1YCTS9JRBJ535 000000000 162800.00000000 NS 252169.32000000 0.047698844456 Long EC CORP JP N 2 N N N Citigroup Commercial Mortgage N/A 17325DAG8 200000.00000000 PA USD 182111.36000000 0.034447098617 Long ABS-MBS CORP US N 2 2049-10-10 Variable 3.69800000 N N N N N N SMB Private Education Loan Tru N/A 83207VAA6 228156.03000000 PA USD 230832.39000000 0.043662878046 Long ABS-O CORP US N 2 2054-03-16 Fixed 5.06000000 N N N N N N Black Hills Corp 3MGELCRSTNSAMJ962671 092113109 3540.00000000 NS USD 198594.00000000 0.037564856486 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD 11078.07000000 0.002095461643 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -1155340.00000000 USD 4132997.78000000 PEN 2025-07-11 11078.07000000 N N N MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 -3277000.00000000 NC 24398.58000000 0.004615089862 N/A DIR CORP US N 2 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 Put Written MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP US US 2035-12-17 0.00000000 USD 0.00000000 USD 0.00000000 EUR 1.00000000 USD 3.50000000 EUR 2025-12-15 XXXX 24398.58000000 N N N JP Morgan Mortgage Trust N/A 46649TAZ9 939424.14000000 PA USD 853149.68000000 0.161376704685 Long ABS-MBS CORP US N 2 2048-09-25 Variable 3.70135600 N N N N N N Japan Tobacco Inc 353800Z0ENYBQO0XRJ31 000000000 7700.00000000 NS 226837.58000000 0.042907243614 Long EC CORP JP N 2 N N Eaton Vance CDO Ltd 5493008YP5U5LTXAO749 27830KAU8 250000.00000000 PA USD 250077.25000000 0.047303120973 Long ABS-CBDO CORP KY N 2 2030-01-20 Floating 5.78108000 N N N N N N Navient Student Loan Trust N/A 63935BAA1 606575.79000000 PA USD 570342.35000000 0.107882557004 Long ABS-O CORP US N 2 2069-01-15 Fixed 1.31000000 N N N N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 19757300.00000000 NC USD -15514.21000000 -0.00293457542 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Purchased UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP CH US 2027-02-04 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 3.66500000 USD 2026-02-02 XXXX -15514.21000000 N N N Chase Mortgage Finance Corpora N/A 16159NBB9 2942620.00000000 PA USD 2925672.27000000 0.553402715832 Long ABS-MBS CORP US N 2 2055-03-25 Variable 6.17473200 N N N N N N Citigroup Commercial Mortgage N/A 29429EAK7 725000.00000000 PA USD 671087.62000000 0.126938931362 Long ABS-MBS CORP US N 2 2049-07-10 Variable 4.09224700 N N N N N N Expedia Group Inc N/A 30212P303 569.00000000 NS USD 95978.92000000 0.018154800021 Long EC CORP US N 1 N N N BENCHMARK Mortgage Trust N/A 08163CBE8 2078195.84000000 PA USD 87275.19000000 0.016508454369 Long ABS-MBS CORP US N 2 2054-03-15 Variable 1.25191600 N N N N N N Keurig Dr Pepper Inc DYTQ8KRTKO7Y2BVU5K74 49271V100 14715.00000000 NS USD 486477.90000000 0.092019257868 Long EC CORP US N 1 N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 682680103 6213.00000000 NS USD 507167.19000000 0.095932720559 Long EC CORP US N 1 N N N Mosaic Solar Loans LLC N/A 61947DAB5 46400.00000000 PA USD 37017.20000000 0.007001952755 Long ABS-O CORP US N 2 2046-12-20 Fixed 2.05000000 N N N N N N East Japan Railway Co 353800SENYJ2DSM6PS44 000000000 8300.00000000 NS 178540.74000000 0.033771701436 Long EC CORP JP N 2 N N N Sunnova Sol Issuer,LLC N/A 86745PAA1 173929.48000000 PA USD 141610.23000000 0.026786146444 Long ABS-O CORP US N 2 2055-11-01 Fixed 2.73000000 N N N N N N Hartford Insurance Group Inc/T IU7C3FTM7Y3BQM112U94 416515104 4405.00000000 NS USD 558862.35000000 0.105711068679 Long EC CORP US N 1 N N N Freddiemac Strip S6XOOCT0IEG5ABCC6L87 31325XWS5 1653960.44000000 PA USD 281675.25000000 0.053280010181 Long ABS-MBS USGSE US N 2 2049-05-15 Fixed 3.50000000 N N N N N N Sound Point CLO LTD N/A 83615CAL0 253404.94000000 PA USD 253490.34000000 0.047948720720 Long ABS-CBDO CORP KY N 2 2032-01-25 Floating 5.56177000 N N N N N N (Sunnova) Aurora I Issuer, LLC N/A 86746AAA3 353359.45000000 PA USD 326311.55000000 0.061723146447 Long ABS-O CORP US N 2 2050-05-20 Fixed 5.30000000 N N N N N N BX Trust N/A 05609CAN7 472500.01000000 PA USD 470806.14000000 0.089054881224 Long ABS-MBS CORP US N 2 2036-10-15 Floating 6.59748000 N N N N N N Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 000000000 1.00000000 NC USD 1129.19000000 0.000213590845 N/A DFE CORP US N 2 Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 -44829.71000000 USD 62527.77000000 CAD 2025-07-18 1129.19000000 N N N British American Tobacco PLC 213800FKA5MF17RJKT63 000000000 8598.00000000 NS 408802.46000000 0.077326634949 Long EC CORP GB N 2 N N N Onslow Bay Financial LLC N/A 67112VBB0 84277.13000000 PA USD 79053.89000000 0.014953362299 Long ABS-MBS CORP US N 2 2049-05-27 Variable 4.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136ABHQ9 2338588.95000000 PA USD 258320.07000000 0.048862283639 Long ABS-MBS USGSE US N 2 2043-01-25 Floating 1.68035000 N N N N N N Mosaic Solar Loans LLC N/A 61946PAA1 39438.73000000 PA USD 33523.09000000 0.006341027749 Long ABS-O CORP US N 2 2046-08-20 Fixed 1.44000000 N N N N N N SWCH Commercial Mortgage Trust N/A 78489CAC3 1000000.00000000 PA USD 991700.30000000 0.187584113551 Long ABS-MBS CORP US N 2 2042-02-15 Floating 6.40375000 N N N N N N BX Trust N/A 05609KAG4 350000.03000000 PA USD 350070.10000000 0.066217172052 Long ABS-MBS CORP US N 2 2038-10-15 Floating 5.82318000 N N N N N N Ryan Specialty Holdings Inc N/A 78351F107 6104.00000000 NS USD 415010.96000000 0.078500997777 Long EC CORP US N 1 N N N GS Mortgage Securities Trust N/A 36261PAT9 90000.00000000 PA USD 84955.04000000 0.016069588634 Long ABS-MBS CORP US N 2 2052-11-10 Fixed 3.04790000 N N N N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 22412.00000000 NS USD 11147952.92000000 2.108680280138 Long EC CORP US N 1 N N N Klepierre SA 969500PB4U31KEFHZ621 000000000 2729.00000000 NS 107903.08000000 0.020410303003 Long EC CORP FR N 2 N N US Bancorp N1GZ7BBF3NP8GI976H15 902973304 13201.00000000 NS USD 597345.25000000 0.112990264504 Long EC CORP US N 1 N N N Telenor ASA 549300IM1QSBY4SLPM26 000000000 10764.00000000 NS 167619.12000000 0.031705832941 Long EC CORP NO N 2 N N N BELLEMEADE RE LT N/A 078774AC0 500000.00000000 PA USD 514969.20000000 0.097408502234 Long ABS-MBS CORP BM N 2 2032-01-26 Floating 8.00517000 N N N N N N WENDYS FUNDING LLC 5493009DRVSTWJOXUL48 95058XAG3 221221.65000000 PA USD 218370.48000000 0.041305657482 Long ABS-O CORP US N 2 2049-06-15 Fixed 3.78300000 N N N N N N Sherwin-Williams Co/The Z15BMIOX8DDH0X2OBP21 824348106 1613.00000000 NS USD 553839.68000000 0.104761010380 Long EC CORP US N 1 N N N McCormick & Co Inc/MD 549300JQQA6MQ4OJP259 579780206 6035.00000000 NS USD 457573.70000000 0.086551911801 Long EC CORP US N 1 N N N Crestline Denali CLO XVII, LLC 254900BNO2GIP36AKL73 22616TAN6 103790.14000000 PA USD 103824.18000000 0.019638762608 Long ABS-CBDO CORP KY N 2 2031-10-15 Floating 5.38610000 N N N N N N Barclays Commercial Mortgage S N/A 07336YAF2 1000000.00000000 PA USD 1002150.60000000 0.189560829967 Long ABS-MBS CORP US N 2 2057-12-15 Variable 5.75600000 N N N N N N Sunrun Issuer N/A 86771PAB6 599347.79000000 PA USD 595319.99000000 0.112607178402 Long ABS-O CORP US N 2 2060-04-30 Fixed 6.41000000 N N N N N N Freddiemac Strip S6XOOCT0IEG5ABCC6L87 31325WSM5 13537661.98000000 PA USD 1511918.58000000 0.285985500450 Long ABS-MBS USGSE US N 2 2046-12-15 Floating 1.58167000 N N N N N N NN Group NV 724500OHYNDT9OY6Q215 000000000 3240.00000000 NS 215587.30000000 0.040779207754 Long EC CORP NL N 2 N N N SSE PLC 549300KI75VYLLMSK856 000000000 4462.00000000 NS 112353.46000000 0.021252110338 Long EC CORP GB N 2 N N N GS Mortgage-Backed Securities N/A 36259WAB7 123330.36000000 PA USD 116272.41000000 0.021993395545 Long ABS-MBS CORP US N 2 2060-09-27 Variable 1.79100000 N N N N N N Bain Capital Credit CLO, Limit N/A 05685BAW6 300000.00000000 PA USD 301563.30000000 0.057041915093 Long ABS-CBDO CORP JE N 2 2037-10-16 Floating 6.31054000 N N N N N N Loanpal Solar Loan Ltd. N/A 53948PAA6 53350.51000000 PA USD 44597.65000000 0.008435825462 Long ABS-O CORP US N 2 2048-01-20 Fixed 2.29000000 N N N N N N JP Morgan Mortgage Trust N/A 46591KBE2 13579.62000000 PA USD 12304.20000000 0.002327389081 Long ABS-MBS CORP US N 2 2050-03-25 Variable 3.50000000 N N N N N N JP Morgan Mortgage Trust N/A 46650TAQ5 22950.77000000 PA USD 21798.17000000 0.004123211817 Long ABS-MBS CORP US N 2 2049-08-25 Variable 3.99987800 N N N N N N BX Trust N/A 05610AAE8 490000.19000000 PA USD 487880.69000000 0.092284601257 Long ABS-MBS CORP US N 2 2039-04-15 Floating 5.62112000 N N N N N N Kao Corp 353800HM38HFCB8RGL63 000000000 1200.00000000 NS 53766.73000000 0.010170193944 Long EC CORP JP N 2 N N iShares Russell 1000 Value ETF 549300KLSYN5NN4YNM90 464287598 7419.00000000 NS USD 1440992.37000000 0.272569521620 Long EC RF US N 1 N N N AMETEK Inc 549300WZDEF9KKE40E98 031100100 2960.00000000 NS USD 535641.60000000 0.101318770113 Long EC CORP US N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 00766T100 1694.00000000 NS USD 191184.84000000 0.036163383973 Long EC CORP US N 1 N N N Engie SA LAXUQCHT4FH58LRZDY46 000000000 11961.00000000 NS 281117.85000000 0.053174575722 Long EC CORP FR N 2 N N N ADT Inc N/A 00090Q103 45748.00000000 NS USD 387485.56000000 0.073294457293 Long EC CORP US N 1 N N N Morgan Stanley Capital I Trust N/A 61691UBF5 10176702.59890000 PA USD 234261.08000000 0.044311428595 Long ABS-MBS CORP US N 2 2052-11-15 Variable 0.72593300 N N N N N N Bluemountain CLO Ltd 5493001GLQHON6UV2U40 09630PAG8 500000.00000000 PA USD 500505.00000000 0.094672540437 Long ABS-CBDO CORP KY N 2 2034-04-15 Floating 6.51771000 N N N N N N Symrise AG 529900D82I6R9601CF26 000000000 1164.00000000 NS 122062.50000000 0.023088614433 Long EC CORP DE N 2 N N N Delta Air Lines Inc Q2CCMS6R0AS67HJMBN42 247361702 903.00000000 NS USD 44409.54000000 0.008400243696 Long EC CORP US N 1 N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 -29424600.00000000 NC USD 40135.52000000 0.007591795566 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Written UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP CH US 2027-12-02 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 4.00000000 USD 2025-11-28 XXXX 40135.52000000 N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724CG5 24187.02000000 PA USD 11428.37000000 0.002161722302 Long DBT NUSS UA N 2 2036-02-01 Variable 0.01000000 N N N N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD 8188.80000000 0.001548944564 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -757574.35000000 USD 39318108.77000000 EGP 2025-09-30 8188.80000000 N N N Applied Industrial Technologie 549300NU173IJRC6PO38 03820C105 182.00000000 NS USD 42305.90000000 0.008002331701 Long EC CORP US N 1 N N N Axis Capital Holdings Ltd 635400VD2NQBYAHMEM55 000000000 4375.00000000 NS USD 454212.50000000 0.085916127258 Long EC CORP BM N 1 N N N Spotify Technology SA 549300B4X0JHWV0DTD60 000000000 1325.00000000 NS USD 1016725.50000000 0.192317731116 Long EC CORP SE N 1 N N N Morgan Stanley Residential Mor N/A 61776QAM8 1024554.71000000 PA USD 1032716.31000000 0.195342457355 Long ABS-MBS CORP US N 2 2054-07-25 Variable 6.00000000 N N N N N N Fannie Mae - CAS N/A 20754MCB1 800000.00000000 PA USD 853547.52000000 0.161451957727 Long ABS-MBS CORP US N 2 2042-06-25 Floating 8.95621000 N N N N N N BX Trust N/A 12433CAA3 2062778.99000000 PA USD 2073556.19000000 0.392221520757 Long ABS-MBS CORP US N 2 2039-08-15 Floating 6.00300000 N N N N N N Pearson PLC 2138004JBXWWJKIURC57 000000000 9717.00000000 NS 143140.75000000 0.027075650478 Long EC CORP GB N 2 N N N Arizona Biltmore Trust N/A 00218TAG9 500000.00000000 PA USD 513099.70000000 0.097054878765 Long ABS-MBS CORP US N 2 2029-06-11 Fixed 6.36100000 N N N N N N Citigroup Commercial Mortgage N/A 17328HBD2 150000.00000000 PA USD 138801.17000000 0.026254801409 Long ABS-MBS CORP US N 2 2052-11-10 Fixed 3.03800000 N N N N N N Coca-Cola Co/The UWJKFUJFZ02DKWI3RY53 191216100 2303.00000000 NS USD 162937.25000000 0.030820238337 Long EC CORP US N 1 N N N Expand Energy Corp X2MT1W32SPAZ9WSKLE78 165167735 5931.00000000 NS USD 693571.14000000 0.131191779897 Long EC CORP US N 1 N N N MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 6579000.00000000 NC 26207.58000000 0.004957269512 N/A DIR CORP US N 2 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 Call Purchased MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP US US 2036-05-22 0.00000000 USD 0.00000000 USD 0.00000000 EUR 0.01000000 USD 2.50000000 EUR 2026-05-20 XXXX -10531.68000000 N N N Ballyrock Ltd 254900DD7OSYIC2KWA70 05876GAG9 500000.00000000 PA USD 500625.00000000 0.094695238921 Long ABS-CBDO CORP KY N 2 2038-07-25 Floating 0.01000000 N N N N N N HERO Funding Trust N/A 42770UAA1 8951.31120000 PA USD 8481.01000000 0.001604217264 Long ABS-O CORP US N 2 2040-09-20 Fixed 3.99000000 N N N N N N DSM-Firmenich AG 506700G44V67MPM4BI12 000000000 303.00000000 NS 32234.80000000 0.006097342497 Long EC CORP CH N 2 N N N Skyworks Solutions Inc 549300WZ3ORQ2BVKBD96 83088M102 28.00000000 NS USD 2086.56000000 0.000394681243 Long EC CORP US N 1 N N N LETRA TESOURO NACIONAL 254900ZFY40OYEADAP90 000000000 31364.00000000 PA 5375164.18000000 1.016733995040 Long DBT NUSS BR N 2 2026-01-01 None 0.00000000 N N N N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 110122108 13310.00000000 NS USD 616119.90000000 0.116541565312 Long EC CORP US N 1 N N N Zoetis Inc 549300HD9Q1LOC9KLJ48 98978V103 2770.00000000 NS USD 431981.50000000 0.081711043899 Long EC CORP US N 1 N N N Freddiemac Strip S6XOOCT0IEG5ABCC6L87 31325YRK6 24999404.90000000 PA USD 1464345.14000000 0.276986792301 Long ABS-MBS USGSE US N 2 2037-07-15 Fixed 2.50000000 N N N N N N Reckitt Benckiser Group PLC 5493003JFSMOJG48V108 000000000 3972.00000000 NS 270599.65000000 0.051185015747 Long EC CORP GB N 2 N N N Vanguard FTSE Emerging Markets ETF N/A 922042858 160985.00000000 NS USD 7962318.10000000 1.506104598947 Long EC RF US N 1 N N N SIG Group AG 5493004Z6P7TSVB1L042 000000000 6581.00000000 NS 121729.06000000 0.023025542912 Long EC CORP CH N 2 N N Sequoia Mortgage Trust 549300RES143ZXEZ6T39 81747CAA9 3159.77000000 PA USD 3141.79000000 0.000594282256 Long ABS-MBS CORP US N 2 2049-08-25 Variable 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A5WG7 5198302.70000000 PA USD 520236.26000000 0.098404787887 Long ABS-MBS USGSE US N 2 2042-04-25 Floating 1.53035000 N N N N N N PETROLEOS MEXICANOS 549300CAZKPF4HKMPX17 71654QCG5 200000.00000000 PA USD 199100.00000000 0.037660568427 Long DBT CORP MX N 2 2027-03-13 Fixed 6.50000000 N N N N N N Jersey Mikes Funding LLC N/A 476681AD3 349125.00000000 PA USD 355659.92000000 0.067274509062 Long ABS-O CORP US N 2 2055-02-15 Fixed 5.63600000 N N N N N N ELM Trust 2024 N/A 26860XAJ0 450000.00000000 PA USD 452099.12000000 0.085516372903 Long ABS-MBS CORP US N 2 2039-06-10 Variable 6.39572400 N N N N N N MetLife Inc C4BXATY60WC6XEOZDX54 59156R108 7132.00000000 NS USD 573555.44000000 0.108490325943 Long EC CORP US N 1 N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CNK3 161200.00000000 PA USD 161823.39000000 0.030609547224 Long DBT UST US N 2 2030-06-30 Fixed 3.87500000 N N N N N N BX Trust N/A 05612HAE1 503546.30000000 PA USD 505145.81000000 0.095550368375 Long ABS-MBS CORP US N 2 2041-04-15 Floating 6.25292000 N N N N N N arbor multifamily mortgage sec N/A 03881VAW9 500000.00000000 PA USD 384076.90000000 0.072649695500 Long ABS-MBS CORP US N 2 2054-06-15 Variable 2.00000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38379LAN6 146957.72000000 PA USD 6593.41000000 0.001247170107 Long ABS-MBS USGA US N 2 2039-08-20 Fixed 5.50000000 N N N N N N JP Morgan Mortgage Trust N/A 46653JBM2 120364.08000000 PA USD 101746.91000000 0.019245838605 Long ABS-MBS CORP US N 2 2050-12-25 Variable 3.00000000 N N N N N N ANZ Group Holdings Ltd 9845005D9C6BAA10BK72 000000000 14470.00000000 NS 277488.18000000 0.052488008994 Long EC CORP AU N 2 N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 5914400.00000000 NC USD 185279.33000000 0.035046332926 N/A DIR CORP GB N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 Put Purchased BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP GB US THE SECURED OVERNIGHT FINANCING RATE THE SECURED OVERNIGHT FINANCING RATE 2057-05-27 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 0.00000000 USD 2027-05-25 XXXX 185279.32000000 N N N DBS Group Holdings Ltd 5493007FKT78NKPM5V55 000000000 3990.00000000 NS 140855.30000000 0.026643348388 Long EC CORP SG N 2 N N N Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 000000000 1.00000000 NC USD 0.01000000 0.000000001891 N/A DFE CORP US N 2 Wells Fargo Bank, National Association KB1H1DSPRFMYMCUFXT09 -1.02000000 USD 148.00000000 JPY 2025-07-18 0.01000000 N N N Cardinal Health Inc CCU46N3GJMF4OK4N7U60 14149Y108 2806.00000000 NS USD 471408.00000000 0.089168725472 Long EC CORP US N 1 N N N COMMONBOND STUDENT LOAN TRUST 549300EJIXF1G1X7PN20 20268MAC0 23654.64000000 PA USD 20625.51000000 0.003901398446 Long ABS-O CORP US N 2 2045-09-25 Fixed 3.99000000 N N N N N N GS Mortgage Securities Trust N/A 36251XAT4 1212788.33000000 PA USD 5100.38000000 0.000964757458 Long ABS-MBS CORP US N 2 2049-11-10 Variable 0.68081600 N N N N N N ACS Actividades de Construccio 95980020140005558665 000000000 2082.00000000 NS 144715.25000000 0.027373473506 Long EC CORP ES N 2 N N N CART N/A 20682AAA8 1000000.00000000 PA USD 997837.80000000 0.188745046443 Long ABS-MBS CORP US N 2 2041-08-15 Floating 5.95349000 N N N N N N Genpact Ltd 529900OSEC6Q0L4L5B35 000000000 10163.00000000 NS USD 447273.63000000 0.084603611997 Long EC CORP US N 1 N N N Ross Stores Inc 549300ENZFLPGRDFZQ60 778296103 3324.00000000 NS USD 424075.92000000 0.080215671541 Long EC CORP US N 1 N N N Sabra Health Care REIT Inc 549300E3BC7GU7TAZ621 78573L106 22241.00000000 NS USD 410124.04000000 0.077576617139 Long EC CORP US N 1 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136ACTN1 554529.15000000 PA USD 7988.94000000 0.001511140238 Long ABS-MBS USGSE US N 2 2041-05-25 Floating 1.78035000 N N N N N N Aena SME SA 959800R7QMXKF0NFMT29 000000000 5540.00000000 NS 147883.97000000 0.027972849681 Long EC CORP ES N 2 N N N NOTA DO TESOURO NACIONAL 254900ZFY40OYEADAP90 000000000 1900000.00000000 PA 1461637.19000000 0.276474572631 Long DBT NUSS BR N 2 2035-05-15 Fixed 6.00000000 N N N N N N Take-Two Interactive Software BOMSTHHJK882EWYX3334 874054109 2418.00000000 NS USD 587211.30000000 0.111073386968 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -469788.26000000 -0.08886234511 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -31364000.00000000 BRL 5038798.30000000 USD 2026-01-05 -469788.26000000 N N N Eversource Energy SJ7XXD41SQU3ZNWUJ746 30040W108 6045.00000000 NS USD 384582.90000000 0.072745407441 Long EC CORP US N 1 N N N Ralph Lauren Corp HO1QNWM0IXBZ0QSMMO20 751212101 1035.00000000 NS USD 283879.80000000 0.053697009709 Long EC CORP US N 1 N N N Kirin Holdings Co Ltd 353800GBVL72LLMTYM96 497350108 11100.00000000 NS 155551.29000000 0.029423154199 Long EC CORP JP N 2 N N Ageas SA/NV 5493005DJBML6LY3RV36 000000000 2675.00000000 NS 180957.86000000 0.034228909438 Long EC CORP BE N 2 N N N Fontainebleau Miami Beach Trus N/A 34461WAG5 1000000.00000000 PA USD 1000023.40000000 0.189158461503 Long ABS-MBS CORP US N 2 2039-12-15 Floating 6.91176000 N N N N N N Tokyu Corp 3538005PGNIBTZYXAE45 000000000 11700.00000000 NS 139184.76000000 0.026327359006 Long EC CORP JP N 2 N N N Fanniemae Strip B1V7KEBTPIMZEU4LTD58 31423XRE3 3422562.84000000 PA USD 468204.54000000 0.088562778086 Long ABS-MBS USGSE US N 2 2052-01-25 Variable 2.67028100 N N N N N N MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 1.00000000 NC USD -35471.43000000 -0.00670956412 N/A DFE CORP US N 2 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 -6382746.55000000 PEN 1765872.61000000 USD 2025-07-11 -35471.43000000 N N N AIB Group PLC 635400AKJBGNS5WNQL34 000000000 26216.00000000 NS 216357.39000000 0.040924873385 Long EC CORP IE N 2 N N N CME Group Inc LCZ7XYGSLJUHFXXNXD88 12572Q105 2627.00000000 NS USD 724053.74000000 0.136957686694 Long EC CORP US N 1 N N N McKesson Corp 549300WZWOM80UCFSF54 58155Q103 1692.00000000 NS USD 1239863.76000000 0.234525233424 Long EC CORP US N 1 N N N Bank N/A 06540BBE8 3469254.93630000 PA USD 97061.08000000 0.018359494952 Long ABS-MBS CORP US N 2 2052-10-17 Variable 0.94659500 N N N N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724CE0 34345.57000000 PA USD 13326.08000000 0.002520681806 Long DBT NUSS UA N 2 2034-02-01 Variable 0.01000000 N N N N N N Duke Energy Corp I1BZKREC126H0VB1BL91 26441C204 5935.00000000 NS USD 700330.00000000 0.132470245540 Long EC CORP US N 1 N N N JFE Holdings Inc 3538002Y11Y03NA9B530 000000000 9900.00000000 NS 115163.37000000 0.021783616154 Long EC CORP JP N 2 N N N JP Morgan Mortgage Trust N/A 46658GAT9 728497.91000000 PA USD 731605.68000000 0.138386166619 Long ABS-MBS CORP US N 2 2055-01-25 Variable 6.00000000 N N N N N N BDS Ltd N/A 07335YAA4 482440.37000000 PA USD 482570.10000000 0.091280081729 Long ABS-CBDO CORP KY N 2 2036-12-16 Floating 5.77908000 N N N N N N Mitsubishi HC Capital Inc 353800MZ3QX9RLMH7B09 000000000 18800.00000000 NS 138419.28000000 0.026182565375 Long EC CORP JP N 2 N N N Koninklijke KPN NV 549300YO0JZHAL7FVP81 000000000 42660.00000000 NS 208104.20000000 0.039363749192 Long EC CORP NL N 2 N N N Zaxby's Funding LLC N/A 98920MAA0 192500.00000000 PA USD 178211.76000000 0.033709473541 Long ABS-O CORP US N 2 2051-07-30 Fixed 3.23800000 N N N N N N HF Sinclair Corp 2549009G116AM01XHN24 403949100 1843.00000000 NS USD 75710.44000000 0.014320935240 Long EC CORP US N 1 N N N WAMU Mortgage Pass-Through Cer N/A 92922F4V7 12688.33000000 PA USD 12589.20000000 0.002381297981 Long ABS-MBS CORP US N 2 2045-10-25 Floating 5.41368000 N N N N N N Intuitive Surgical Inc 54930052SRG011710797 46120E602 1872.00000000 NS USD 1017263.52000000 0.192419499770 Long EC CORP US N 1 N N N CHICAGO MERCANTILE EXCHANGE INC. SNZ2OJLFK8MNNCLQOF39 000000000 1.00000000 NC USD -241.27000000 -0.00004563719 N/A DIR CORP US N 2 CHICAGO MERCANTILE EXCHANGE INC. SNZ2OJLFK8MNNCLQOF39 Y 2035-05-05 0.00000000 USD 0.00000000 USD 1183464.27000000 USD -241.27000000 N N N State Street Bank and Trust Company 571474TGEMMWANRLN572 000000000 1.00000000 NC USD -403.42000000 -0.00007630852 N/A DFE CORP US N 2 State Street Bank and Trust Company 571474TGEMMWANRLN572 -133533.89000000 ZAR 7133.75000000 USD 2025-07-11 -403.42000000 N N N United Utilities Group PLC 2138002IEYQAOC88ZJ59 000000000 10966.00000000 NS 172196.00000000 0.032571568262 Long EC CORP GB N 2 N N N Mosaic Solar Loans LLC N/A 61946GAA1 624538.38000000 PA USD 586138.83000000 0.110870524939 Long ABS-O CORP US N 2 2043-06-22 Fixed 3.82000000 N N N N N N CLP Holdings Ltd 25490002BUTSMP94GO68 000000000 16500.00000000 NS 139355.06000000 0.026359571938 Long EC CORP HK N 2 N N N DTP Commercial Mortgage Trust N/A 23346GAA7 350000.00000000 PA USD 358972.53000000 0.067901102610 Long ABS-MBS CORP US N 2 2041-01-15 Variable 6.03804600 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137FYR32 6333693.66000000 PA USD 787018.44000000 0.148867713780 Long ABS-MBS USGSE US N 2 2041-04-25 Fixed 3.50000000 N N N N N N Zurich Insurance Group AG 529900QVNRBND50TXP03 000000000 605.00000000 NS 423332.52000000 0.080075054431 Long EC CORP CH N 2 N N N MSCI Inc 549300HTIN2PD78UB763 55354G100 2028.00000000 NS USD 1169628.72000000 0.221239992189 Long EC CORP US N 1 N N N Citibank, National Association E57ODZWZ7FF32TWEFA76 000000000 1.00000000 NC USD -55.20000000 -0.00001044130 N/A DFE CORP US N 2 Citibank, National Association E57ODZWZ7FF32TWEFA76 -1011.48000000 EUR 1137.66000000 USD 2025-07-18 -55.20000000 N N N Blue Owl Capital Inc N/A 09581B103 17217.00000000 NS USD 330738.57000000 0.062560535144 Long EC CORP US N 1 N N N CBAM CLO Management LLC 254900JWJFDB3KD6V066 14987LAJ0 550000.00000000 PA USD 552763.20000000 0.104557389844 Long ABS-CBDO CORP KY N 2 2038-01-20 Floating 6.36947000 N N N N N N REPUBLIC OF CHILE 549300FLZTJM5YJF8D34 168863DZ8 246125.00000000 PA USD 242039.33000000 0.045782715970 Long DBT NUSS CL N 2 2036-01-05 Fixed 4.95000000 N N N N N N OFFICE CHERIFIEN DES PHO 213800D26TAPVTCVWG40 67091TAF2 200000.00000000 PA USD 207408.00000000 0.039232060153 Long DBT CORP MA N 2 2034-05-02 Fixed 6.75000000 N N N N N N DNB Bank ASA 549300GKFG0RYRRQ1414 000000000 8453.00000000 NS 233764.15000000 0.044217432280 Long EC CORP NO N 2 N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141G104 1274.00000000 NS USD 901673.50000000 0.170555181046 Long EC CORP US N 1 N N N JP Morgan Mortgage Trust N/A 46591DAY5 854061.24000000 PA USD 831220.23000000 0.157228660726 Long ABS-MBS CORP US N 2 2049-09-25 Variable 4.90531200 N N N N N N Agate Bay Mortgage Loan Trust N/A 00841WBN1 780871.61000000 PA USD 619660.28000000 0.117211242476 Long ABS-MBS CORP US N 2 2045-01-25 Variable 3.62678400 N N N N N N Banque Cantonale Vaudoise K1MOBB3OPSBBQO554R76 000000000 662.00000000 NS 76350.32000000 0.014441971124 Long EC CORP CH N 2 N N Howmet Aerospace Inc 549300HO5WFZUT5N2T22 443201108 4588.00000000 NS USD 853964.44000000 0.161530819827 Long EC CORP US N 1 N N N Daito Trust Cons 353800QQ4DRI3KXS3038 000000000 1400.00000000 NS 152485.84000000 0.028843311961 Long EC CORP JP N 2 N N N Eiffage SA 969500OQXKE5WDM9M994 000000000 996.00000000 NS 139951.63000000 0.026472415561 Long EC CORP FR N 2 N N N Benefit Street Partners CLO Lt N/A 08186VAJ9 400000.00000000 PA USD 400020.00000000 0.075665397200 Long ABS-CBDO CORP KY N 2 2034-04-25 Floating 6.74338000 N N N N N N COMISION FEDERAL DE ELEC 4469000001BFPONMPF32 200447AP5 350000.00000000 PA USD 345310.00000000 0.065316779929 Long DBT CORP MX N 2 2035-01-24 Fixed 6.45000000 N N N N N N Roche Holding AG 549300U41AUUVOAAOB37 000000000 1666.00000000 NS 543815.53000000 0.102864901957 Long EC CORP CH N 2 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 -2200000.00000000 NC USD -60024.81000000 -0.01135393502 N/A DFE CORP GB N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 Call Written GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 0.00000000 NC USD 0.00000000 0.00000000 DFE CORP GB US N/A USD N/A INR 2027-05-12 0.01000000 USD 89.42000000 USD 2027-05-12 XXXX 1575.19000000 N N N WSTN Trust N/A 92943AAA2 500000.00000000 PA USD 507549.35000000 0.096005007665 Long ABS-MBS CORP US N 2 2037-07-05 Variable 6.51800100 N N N N N N Booking Holdings Inc FXM8FAOHMYDIPD38UZ17 09857L108 252.00000000 NS USD 1458888.48000000 0.275954643042 Long EC CORP US N 1 N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724CD2 9191.07000000 PA USD 4441.49000000 0.000840125756 Long DBT NUSS UA N 2 2030-02-01 Variable 0.01000000 N N N N N N NiSource Inc 549300D8GOWWH0SJB189 65473P105 11711.00000000 NS USD 472421.74000000 0.089360478483 Long EC CORP US N 1 N N N Bridgestone Corp 549300DHPOF90OYYD780 000000000 4800.00000000 NS 196282.55000000 0.037127636391 Long EC CORP JP N 2 N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137FXQX9 1264398.19500000 PA USD 76500.26000000 0.014470332880 Long ABS-MBS USGSE US N 2 2035-10-25 Variable 0.94904500 N N N N N N Freddiemac Strip S6XOOCT0IEG5ABCC6L87 31282YNU9 129349.50000000 PA USD 17419.19000000 0.003294910080 Long ABS-MBS USGSE US N 2 2036-08-15 Floating 3.28167000 N N N N N N JP Morgan Mortgage Trust N/A 46592KAJ1 1000000.00000000 PA USD 686504.80000000 0.129855153171 Long ABS-MBS CORP US N 2 2051-07-25 Variable 2.50000000 N N N N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 24224.00000000 NS USD 4268995.52000000 0.807497729280 Long EC CORP US N 1 N N N Sequoia Mortgage Trust N/A 81748JAU9 71278.64000000 PA USD 64539.00000000 0.012207812284 Long ABS-MBS CORP US N 2 2049-11-25 Variable 3.50000000 N N N N N N RFM RE-REMIC TRUST 2022-FRR1 N/A 74971BAS4 30000.00000000 PA USD 26480.37000000 0.005008868841 Long ABS-MBS CORP US N 2 2049-11-08 None 0.00000000 N N N N N N Jardine Matheson Holdings Ltd 2138009KENVUNWOLPK41 000000000 600.00000000 NS USD 28837.63000000 0.005454754082 Long EC CORP HK N 2 N N N Neuberger Berman CLO Ltd 549300YJLHTYDSFV8K03 64131JBA3 1000000.00000000 PA USD 1007176.00000000 0.190511404656 Long ABS-CBDO CORP KY N 2 2038-07-18 Floating 6.36947000 N N N N N N Donaldson Co Inc OZE6KXY9QQPR8EJ8WL20 257651109 2687.00000000 NS USD 186343.45000000 0.035247615518 Long EC CORP US N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 000000000 1399.00000000 NS 85510.85000000 0.016174722339 Long EC CORP FR N 2 N N N LBA Trust N/A 50177BAA5 750000.00000000 PA USD 751519.20000000 0.142152889284 Long ABS-MBS CORP US N 2 2039-06-15 Floating 5.90286000 N N N N N N Palantir Technologies Inc 549300UVN46B3BBDHO85 69608A108 5974.00000000 NS USD 814375.68000000 0.154042446121 Long EC CORP US N 1 N N N Navient Student Loan Trust N/A 63942JAA5 158375.40000000 PA USD 142648.06000000 0.026982456176 Long ABS-O CORP US N 2 2069-10-15 Fixed 1.06000000 N N N N N N Haleon PLC 549300PSB3WWEODCUP19 000000000 10667.00000000 NS 54824.29000000 0.010370235685 Long EC CORP GB N 2 N N N Popular Inc 5493008CARDZMVQ3LO89 733174700 2781.00000000 NS USD 306494.01000000 0.057974578786 Long EC CORP PR N 1 N N N Givaudan SA 213800SVRMQA1TD91D41 000000000 20.00000000 NS 96990.55000000 0.018346153918 Long EC CORP CH N 2 N N N OCTAGON LOAN FUNDING LTD 549300HJJWTCMWFILG24 67590RBE4 250000.00000000 PA USD 250585.25000000 0.047399211223 Long ABS-CBDO CORP KY N 2 2031-11-18 Floating 6.78604000 N N N N N N Palmer Square CLO Ltd N/A 69701WAQ9 250000.00000000 PA USD 251255.00000000 0.047525897138 Long ABS-CBDO CORP KY N 2 2038-04-20 Floating 6.06947000 N N N N N N Birch Grove CLO Ltd. 254900VS6E4BD1HWHW18 09077WAG3 300000.00000000 PA USD 301283.70000000 0.056989027624 Long ABS-CBDO CORP KY N 2 2037-10-22 Floating 6.27238000 N N N N N N Sequoia Mortgage Trust N/A 81744KAA4 791921.63000000 PA USD 771144.46000000 0.145865086407 Long ABS-MBS CORP US N 2 2053-03-25 Variable 5.00000000 N N N N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 -2458000.00000000 NC 21410.03000000 0.004049793570 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Written UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP CH US 2035-12-17 0.00000000 USD 0.00000000 USD 0.00000000 EUR 1.00000000 USD 3.25000000 EUR 2025-12-15 XXXX 21410.03000000 N N N Aqua Finance Trust N/A 038413AA8 8896.67020000 PA USD 8335.00000000 0.001576598884 Long ABS-O CORP US N 2 2046-07-17 Fixed 1.90000000 N N N N N N ARES CLO Ltd N/A 04016NAP8 400000.00000000 PA USD 400195.60000000 0.075698612648 Long ABS-CBDO CORP KY N 2 2034-04-15 Floating 5.81771000 N N N N N N Elevance Health Inc 8MYN82XMYQH89CTMTH67 036752103 1720.00000000 NS USD 669011.20000000 0.126546168140 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 22929.00000000 NS USD 5030393.31000000 0.951519193726 Long EC CORP US N 1 N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137F82T9 1618527.09800000 PA USD 61069.13000000 0.011551472371 Long ABS-MBS USGSE US N 2 2030-11-25 Variable 0.96236600 N N N N N N Northwestern Energy Group Inc 254900N1WG46G1VMDM34 668074305 6430.00000000 NS USD 329859.00000000 0.062394160929 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397HE46 256702.33000000 PA USD 24893.91000000 0.004708783530 Long ABS-MBS USGSE US N 2 2037-05-15 Floating 1.99167000 N N N N N N WAMU Mortgage Pass-Through Cer N/A 92926UAA9 85811.97000000 PA USD 78000.32000000 0.014754075282 Long ABS-MBS CORP US N 2 2036-12-25 Variable 4.25228500 N N N N N N ROYAL CARIBBEAN CRUISES K2NEH8QNVW44JIWK7Z55 780153BH4 185000.00000000 PA USD 184184.95000000 0.034839326533 Long DBT CORP LR N 2 2026-07-01 Fixed 4.25000000 N N N N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 33652.00000000 NS USD 815724.48000000 0.154297577083 Long EC CORP US N 1 N N N Humana Inc 529900YLDW34GJAO4J06 444859102 1164.00000000 NS USD 284574.72000000 0.053828456632 Long EC CORP US N 1 N N N State Street Corp 549300ZFEEJ2IP5VME73 857477103 1500.00000000 NS USD 159510.00000000 0.030171960170 Long EC CORP US N 1 N N N Paycom Software Inc 254900LSB0HNJUDC6Q18 70432V102 1886.00000000 NS USD 436420.40000000 0.082550679746 Long EC CORP US N 1 N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724BZ4 33651.51000000 PA USD 20863.94000000 0.003946498443 Long DBT NUSS UA N 2 2029-02-01 Variable 1.75000000 N N N N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 532457108 2729.00000000 NS USD 2127337.37000000 0.402394447977 Long EC CORP US N 1 N N N SMB Private Education Loan Tru N/A 83192CAB3 113483.02000000 PA USD 110796.35000000 0.020957576698 Long ABS-O CORP US N 2 2037-06-15 Fixed 2.84000000 N N N N N N Dryden Senior Loan Fund N/A 26246GAG8 1000000.00000000 PA USD 1001549.00000000 0.189447034899 Long ABS-CBDO CORP KY N 2 2034-05-20 Floating 6.48360000 N N N N N N Equinor ASA OW6OFBNCKXC4US5C7523 000000000 7538.00000000 NS 190365.06000000 0.036008319278 Long EC CORP NO N 2 N N N Lowe's Cos Inc WAFCR4OKGSC504WU3E95 548661107 3450.00000000 NS USD 765451.50000000 0.144788240050 Long EC CORP US N 1 N N N Countrywide Alternative Loan T N/A 02151EAC6 21783.07000000 PA USD 7799.41000000 0.001475289874 Long ABS-MBS CORP US N 2 2037-09-25 Floating 4.93368000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136AE4R5 853066.81000000 PA USD 24436.95000000 0.004622347702 Long ABS-MBS USGSE US N 2 2028-07-25 Fixed 3.00000000 N N N N N N Countrywide Alternative Loan T N/A 02149HAR1 92632.40000000 PA USD 37147.30000000 0.007026561695 Long ABS-MBS CORP US N 2 2037-03-25 Floating 5.03368000 N N N N N N Crowdstrike Holdings Inc 549300YBY08K9KM4HX32 22788C105 2265.00000000 NS USD 1153587.15000000 0.218205664491 Long EC CORP US N 1 N N N CANTOR FITZGERALD SECURITIES 549300DWZ3YOKJO5X179 000000000 1000000.00000000 PA USD 1000000.00000000 0.189154035298 Long RA CORP US N 2 Repurchase Y 4.39000000 2025-07-01 1649988.26600000 USD 1020000.00004000 USD AMBS N N ICNQ Mortgage Trust N/A 450953AA2 750000.00000000 PA USD 772580.85000000 0.146136785372 Long ABS-MBS CORP US N 2 2034-12-10 Fixed 5.77800000 N N N N N N Obayashi Corp 529900YT4O5S0LCXWD54 000000000 3500.00000000 NS 53031.37000000 0.010031097632 Long EC CORP JP N 2 N N N Travelers Cos Inc/The 549300Y650407RU8B149 89417E109 2300.00000000 NS USD 615342.00000000 0.116394422388 Long EC CORP US N 1 N N N Cisco Systems Inc 549300LKFJ962MZ46593 17275R102 16715.00000000 NS USD 1159686.70000000 0.219359418987 Long EC CORP US N 1 N N N Avnet Inc XJI53DCPL7QABOWK4Z75 053807103 3958.00000000 NS USD 210090.64000000 0.039739492334 Long EC CORP US N 1 N N N CSX Corp 549300JVQR4N1MMP3Q88 126408103 17017.00000000 NS USD 555264.71000000 0.105030560555 Long EC CORP US N 1 N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 1.00000000 NC USD 1035.22000000 0.000195816040 N/A DFE CORP US N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 -28155.53000000 USD 24752.07000000 EUR 2025-07-18 1035.22000000 N N N Secom Co Ltd 529900TYCL9N3E9PGE47 000000000 4700.00000000 NS 168847.15000000 0.031938119771 Long EC CORP JP N 2 N N N HSBC Holdings PLC MLU0ZO3ML4LN2LL2TL39 000000000 60883.00000000 NS 736450.21000000 0.139302529018 Long EC CORP GB N 2 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398RNN1 305873.18000000 PA USD 21324.10000000 0.004033539564 Long ABS-MBS USGSE US N 2 2040-06-25 Floating 1.35035000 N N N N N N NOMURA GLOBAL FINANCIAL PRODUCTS INC. 0Z3VO5H2G7GRS05BHJ91 000000000 1.00000000 NC USD 3901.43000000 0.000737971227 N/A DFE CORP US N 2 NOMURA GLOBAL FINANCIAL PRODUCTS INC. 0Z3VO5H2G7GRS05BHJ91 -1499174.14000000 USD 10757174.12000000 CNY 2025-07-11 3901.43000000 N N N Banc of America Commercial Mor N/A 06427DAW3 1234000.00000000 PA USD 1197964.86000000 0.226599887415 Long ABS-MBS CORP US N 2 2050-02-15 Variable 3.87900000 N N N N N N Bankinter SA VWMYAEQSTOPNV0SUGU82 000000000 2948.00000000 NS 38484.70000000 0.007279536302 Long EC CORP ES N 2 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136ARQ27 4863565.13380000 PA USD 553926.27000000 0.104777389228 Long ABS-MBS USGSE US N 2 2046-05-25 Floating 1.63035000 N N N N N N Chase Funding Mortgage Loan As N/A 161546GR1 11181.16000000 PA USD 11239.42000000 0.002125981647 Long ABS-O CORP US N 2 2033-07-25 Floating 5.03368000 N N N N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 -1623500.00000000 NC USD -11251.14000000 -0.00212819853 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Call Written UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP CH US 2045-05-24 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 4.63000000 USD 2035-05-22 XXXX -11251.14000000 N N N Sumitomo Corp V82KK8NH1P0JS71FJC05 000000000 7400.00000000 NS 190969.75000000 0.036122698832 Long EC CORP JP N 2 N N N Sampo Oyj 743700UF3RL386WIDA22 000000000 16913.00000000 NS 182026.76000000 0.034431096186 Long EC CORP FI N 2 N N N Regency Centers Corp 529900053A7X7FJ97S58 758849103 5915.00000000 NS USD 421325.45000000 0.079695409041 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137A5PT5 4311763.62000000 PA USD 900373.42000000 0.170309265668 Long ABS-MBS USGSE US N 2 2041-01-15 Fixed 6.00000000 N N N N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -45078.34000000 -0.00852674991 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -17214514.99000000 MXN 871378.35000000 USD 2025-07-11 -45078.34000000 N N N JP Morgan Mortgage Trust N/A 46647JAN0 330193.54000000 PA USD 299532.23000000 0.056657730006 Long ABS-MBS CORP US N 2 2046-10-25 Variable 3.50000000 N N N N N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 747525103 4882.00000000 NS USD 777507.32000000 0.147068647052 Long EC CORP US N 1 N N N RPM International Inc 549300TJCKW4BRXPJ474 749685103 3197.00000000 NS USD 351158.48000000 0.066423043521 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AXBX0 2983299.80000000 PA USD 392212.49000000 0.074188575178 Long ABS-MBS USGSE US N 2 2042-12-15 Floating 2.28167000 N N N N N N Kajima Corp N/A 000000000 6500.00000000 NS 169531.15000000 0.032067501131 Long EC CORP JP N 2 N N N Honda Auto Receivables Owner T N/A 437918AD7 700000.00000000 PA USD 711161.64000000 0.134519093955 Long ABS-O CORP US N 2 2030-05-15 Fixed 5.17000000 N N N N N N Cedar Funding Ltd 549300PTCF9P2JDL1E69 15032EBC2 500000.00000000 PA USD 500616.00000000 0.094693536535 Long ABS-CBDO CORP KY N 2 2038-01-17 Floating 6.12979000 N N N N N N Wells Fargo Mortgage Backed Se 549300EZH20KSD9JD814 94989UBK6 480331.42000000 PA USD 432081.79000000 0.081730014157 Long ABS-MBS CORP US N 2 2047-07-25 Variable 3.64591500 N N N N N N Bain Capital Credit CLO, Limit N/A 05685LAW4 1500000.00000000 PA USD 1508092.50000000 0.285261781978 Long ABS-CBDO CORP JE N 2 2038-01-22 Floating 6.27238000 N N N N N N Flatiron CLO Ltd 254900WPX2H2R5L2RO76 33883DAU8 1000000.00000000 PA USD 1001248.00000000 0.189390099534 Long ABS-CBDO CORP US N 2 2036-04-17 Floating 6.11084000 N N N N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 2115500.00000000 NC USD 75245.43000000 0.014232976722 N/A DIR CORP GB N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 Call Purchased BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP GB US THE SECURED OVERNIGHT FINANCING RATE THE SECURED OVERNIGHT FINANCING RATE 2057-06-16 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 0.00000000 USD 2027-06-14 XXXX 75245.43000000 N N N Flagstar Mortgage Trust N/A 33851JAC3 298021.28000000 PA USD 278666.65000000 0.052710921350 Long ABS-MBS CORP US N 2 2048-05-25 Variable 4.00000000 N N N N N N Insurance Australia Group Ltd 549300PFEWKNHRG25N08 000000000 27864.00000000 NS 165652.17000000 0.031333776411 Long EC CORP AU N 2 N N NetApp Inc QTX3D84DZDD5JYOCYH15 64110D104 4666.00000000 NS USD 497162.30000000 0.094040255243 Long EC CORP US N 1 N N N BX Trust N/A 05609KAC3 307300.02000000 PA USD 307296.85000000 0.058126439212 Long ABS-MBS CORP US N 2 2038-10-15 Floating 5.42418000 N N N N N N COMM Mortgage Trust N/A 12624QAA1 2380000.00000000 PA USD 26886.74000000 0.005085735367 Long ABS-MBS CORP US N 2 2045-10-15 Variable 0.50923000 N N N N N N BENCHMARK Mortgage Trust N/A 08161BAA1 1000000.00000000 PA USD 679511.80000000 0.128532399003 Long ABS-MBS CORP US N 2 2051-04-10 Variable 3.19841100 N N N N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 26875P101 5117.00000000 NS USD 612044.37000000 0.115770662367 Long EC CORP US N 1 N N N DT Midstream Inc N/A 23345M107 4329.00000000 NS USD 475800.39000000 0.089999563765 Long EC CORP US N 1 N N N Kraft Heinz Co/The 9845007488EC87F5AF14 500754106 16057.00000000 NS USD 414591.74000000 0.078421700622 Long EC CORP US N 1 N N N American Tower Corp 5493006ORUSIL88JOE18 03027X100 891.00000000 NS USD 196928.82000000 0.037249880969 Long EC CORP US N 1 N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 1.00000000 NC USD -353.50000000 -0.00006686595 N/A DFE CORP US N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 -8556.35000000 EUR 9737.22000000 USD 2025-07-18 -353.50000000 N N N Central Japan Railway Co 353800YAR3OVUITHTG64 000000000 8300.00000000 NS 185543.06000000 0.035096218520 Long EC CORP JP N 2 N N N Gam Resecuritization Trust N/A 36459DBW0 95000.00000000 PA USD 94226.23000000 0.017823271635 Long ABS-MBS CORP US N 2 2048-05-27 None 0.00000000 N N N N N N National Australia Bank Ltd F8SB4JFBSYQFRQEH3Z21 000000000 7554.00000000 NS 195783.07000000 0.037033157733 Long EC CORP AU N 2 N N Citibank, National Association E57ODZWZ7FF32TWEFA76 000000000 1.00000000 NC USD 155.74000000 0.000029458849 N/A DFE CORP US N 2 Citibank, National Association E57ODZWZ7FF32TWEFA76 -6877.26000000 USD 6552082.00000000 CLP 2025-07-11 155.74000000 N N N Sunrun Issuer N/A 86773PAA6 219846.28000000 PA USD 204031.92000000 0.038593460997 Long ABS-O CORP US N 2 2054-06-30 Fixed 3.98000000 N N N N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD 35845.05000000 0.006780235852 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -657810.75000000 USD 30982886.33000000 TRY 2025-11-10 35845.05000000 N N N CIM Trust N/A 12556MCQ5 383870.14000000 PA USD 361584.06000000 0.068395084048 Long ABS-MBS CORP US N 2 2049-08-25 Variable 3.92221300 N N N N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 -19757300.00000000 NC USD 9963.25000000 0.001884588942 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Written UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP CH US 2027-02-04 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 4.18500000 USD 2026-02-02 XXXX 9963.25000000 N N N General Motors Co 54930070NSV60J38I987 37045V100 8697.00000000 NS USD 427979.37000000 0.080954024860 Long EC CORP US N 1 N N N AGC Inc JE4WFFEELMVPFZ0G1E77 000000000 5200.00000000 NS 152545.61000000 0.028854617698 Long EC CORP JP N 2 N N First Industrial Realty Trust N/A 32054K103 2924.00000000 NS USD 140732.12000000 0.026620048394 Long EC CORP US N 1 N N N Monday.com Ltd 984500MDAFVD86E3B328 000000000 1241.00000000 NS USD 390269.68000000 0.073821084826 Long EC CORP IL N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137BSCH4 1462429.49000000 PA USD 77127.51000000 0.014588979749 Long ABS-MBS USGSE US N 2 2039-06-15 Floating 0.01000000 N N N N N N Ballyrock Ltd 254900WX8CA21F2QI356 05876CBC6 1250000.00000000 PA USD 1251503.75000000 0.236726984503 Long ABS-CBDO CORP KY N 2 2036-10-15 Floating 6.20610000 N N N N N N Leidos Holdings Inc 549300IUTGTP6EJP8124 525327102 3052.00000000 NS USD 481483.52000000 0.091074550737 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 -2842000.00000000 NC USD -6565.37000000 -0.00124186622 N/A DCR CORP GB N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 Put Written GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 0.00000000 NC USD 0.00000000 0.00000000 DCR CORP GB US IHS MARKIT LTD CDX.NA.HY.44.V1 Default Event 2030-06-20 0.00000000 USD 0.00000000 USD N/A N/A 0.01000000 USD 104.50000000 USD 2025-08-21 XXXX 13328.63000000 N N N ORACLE CORP NE 07/01/2025 N/A 6840C2U11 3925000.00000000 PA USD 3924512.52000000 0.742337379738 Long DBT CORP US N 2 2025-07-01 None 0.00000000 N N N N N N ASR Nederland NV 7245000G0HS48PZWUD53 000000000 2582.00000000 NS 171562.98000000 0.032451829974 Long EC CORP NL N 2 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 949746101 11225.00000000 NS USD 899347.00000000 0.170115114183 Long EC CORP US N 1 N N N M&G PLC 254900TWUJUQ44TQJY84 000000000 52634.00000000 NS 186045.86000000 0.035191325169 Long EC CORP GB N 2 N N N Santander Drive Auto Receivabl N/A 802919AD2 1600000.00000000 PA USD 1611950.08000000 0.304906862332 Long ABS-O CORP US N 2 2029-09-17 Fixed 4.93000000 N N N N N N CLI Funding LLC 549300NQLBWJD5AREU05 12563LAN7 51940.32000000 PA USD 48315.92000000 0.009139151237 Long ABS-O CORP US N 2 2045-09-18 Fixed 2.08000000 N N N N N N BX Trust N/A 05594CAA2 1000000.00000000 PA USD 1002816.20000000 0.189686730892 Long ABS-MBS CORP US N 2 2040-06-15 Floating 5.81176000 N N N N N N AptarGroup Inc VNPEQDQFAA7IY1T2PX43 038336103 2641.00000000 NS USD 413131.63000000 0.078145514924 Long EC CORP US N 1 N N N Loanpal Solar Loan Ltd. N/A 53948KAA7 53892.69000000 PA USD 45631.27000000 0.008631338856 Long ABS-O CORP US N 2 2047-07-20 Fixed 2.75000000 N N N N N N Wells Fargo Mortgage Backed Se N/A 94986KAA4 9430.74000000 PA USD 8587.24000000 0.001624311098 Long ABS-MBS CORP US N 2 2037-12-28 Variable 6.68421600 N N N N N N Bank5 N/A 06604AAR5 1000000.00000000 PA USD 992803.80000000 0.187792845029 Long ABS-MBS CORP US N 2 2057-10-15 Variable 5.74300000 N N N N N N BLP Commercial Mortgage Trust N/A 05625AAC5 474413.70000000 PA USD 475664.44000000 0.089973848274 Long ABS-MBS CORP US N 2 2041-03-15 Floating 6.00341000 N N N N N N Renaissance Home Equity Loan T N/A 75970NBE6 23781.76000000 PA USD 23744.74000000 0.004491413388 Long ABS-MBS CORP US N 2 2035-11-25 Variable 5.64000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136AFGB4 1853546.97000000 PA USD 254968.27000000 0.048228277143 Long ABS-MBS USGSE US N 2 2043-07-25 Fixed 6.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31394EJN9 473632.38000000 PA USD 42198.80000000 0.007982073304 Long ABS-MBS USGSE US N 2 2035-07-25 Floating 2.21035000 N N N N N N INTOWN Mortgage Trust N/A 46117WAE2 1000000.00000000 PA USD 998553.10000000 0.188880348325 Long ABS-MBS CORP US N 2 2042-03-15 Floating 6.56200000 N N N N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 -5894000.00000000 NC USD -16052.10000000 -0.00303631949 N/A DCR CORP GB N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 Put Written BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 0.00000000 NC USD 0.00000000 0.00000000 DCR CORP GB US IHS MARKIT LTD CDX.NA.HY.44.V1 Default Event 2030-06-20 0.00000000 USD 0.00000000 USD N/A N/A 0.01000000 USD 105.00000000 USD 2025-08-20 XXXX 48781.90000000 N N N Countrywide Alternative Loan T N/A 12667F6H3 60414.62000000 PA USD 46491.52000000 0.008794058615 Long ABS-MBS CORP US N 2 2035-04-25 Floating 4.83368000 N N N N N N Rockland Park CLO Ltd N/A 773663AE9 250000.00000000 PA USD 250622.50000000 0.047406257211 Long ABS-CBDO CORP KY N 2 2034-04-20 Floating 6.43108000 N N N N N N Driven Brands Funding, LLC N/A 26208LAD0 91475.41000000 PA USD 91166.57000000 0.017244524599 Long ABS-O CORP US N 2 2049-04-20 Fixed 4.64100000 N N N N N N CIM Trust N/A 12554TAC5 118503.15000000 PA USD 111999.82000000 0.021185217905 Long ABS-MBS CORP US N 2 2049-05-25 Variable 4.00000000 N N N N N N Colgate-Palmolive Co YMEGZFW4SBUSS5BQXF88 194162103 5755.00000000 NS USD 523129.50000000 0.098952055908 Long EC CORP US N 1 N N N BAE Systems PLC 8SVCSVKSGDWMW2QHOH83 000000000 6336.00000000 NS 164437.01000000 0.031103923993 Long EC CORP GB N 2 N N N LPL Financial Holdings Inc 549300XROQ4Y8G2L7682 50212V100 269.00000000 NS USD 100866.93000000 0.019079386837 Long EC CORP US N 1 N N N Mello Mortgage Capital Accepta N/A 585499BQ8 418763.12000000 PA USD 401031.01000000 0.075856633821 Long ABS-MBS CORP US N 2 2048-10-25 Variable 4.31345000 N N N N N N Smithfield Foods Inc CVTIPZRZJC0JQEZLL598 832248207 1541.00000000 NS USD 36259.73000000 0.006858674248 Long EC CORP US N 1 N N N ILPT Commercial Mortgage Trust N/A 451955AA6 1000000.00000000 PA USD 1014739.20000000 0.191942014455 Long ABS-MBS CORP US N 2 2042-07-15 Variable 5.29200000 N N N N N N Iridium Communications Inc 549300U620NVQ4J1CT96 46269C102 7860.00000000 NS USD 237136.20000000 0.044855269145 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AVAF4 1538599.79000000 PA USD 94528.96000000 0.017880534236 Long ABS-MBS USGSE US N 2 2032-10-15 Floating 1.78167000 N N N N N N Neuberger Berman CLO Ltd 549300XVEYZNG956Y145 64129UCJ2 620000.00000000 PA USD 624158.96000000 0.118062185951 Long ABS-CBDO CORP KY N 2 2038-07-22 Floating 6.42238000 N N N N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 3269400.00000000 NC USD -32010.17000000 -0.00605485282 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Purchased UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP CH US 2055-12-02 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 4.54750000 USD 2025-11-28 XXXX -32010.17000000 N N N Citigroup Mortgage Loan Trust N/A 17307G6K9 41672.16000000 PA USD 31524.73000000 0.005963029891 Long ABS-MBS CORP US N 2 2036-03-25 Variable 5.80325400 N N N N N N Loews Corp R8V1FN4M5ITGZOG7BS19 540424108 5778.00000000 NS USD 529611.48000000 0.100178148582 Long EC CORP US N 1 N N N Williams Cos Inc/The D71FAKCBLFS2O0RBPG08 969457100 9579.00000000 NS USD 601656.99000000 0.113805847524 Long EC CORP US N 1 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38382GJ86 8420040.18000000 PA USD 1870710.64000000 0.353852466432 Long ABS-MBS USGA US N 2 2050-07-20 Fixed 4.50000000 N N N N N N Edison International 549300I7ROF15MAEVP56 281020107 7422.00000000 NS USD 382975.20000000 0.072441304499 Long EC CORP US N 1 N N N Gam Resecuritization Trust N/A 36459TBE5 56298.06000000 PA USD 55869.80000000 0.010567998121 Long ABS-MBS CORP US N 2 2051-09-27 None 0.00000000 N N N N N N OCP CLO Ltd 254900K70GBA8CMARX66 670898AU9 500000.00000000 PA USD 500549.50000000 0.094680957791 Long ABS-CBDO CORP KY N 2 2036-10-17 Floating 6.17979000 N N N N N N WCORE Commercial Mortgage Trus N/A 951913AE2 700000.00000000 PA USD 701708.56000000 0.132731005727 Long ABS-MBS CORP US N 2 2041-11-15 Floating 6.55295000 N N N N N N Hanover Insurance Group Inc/Th JJYR6MFKFF6CF8DBZ078 410867105 2583.00000000 NS USD 438774.21000000 0.082995912406 Long EC CORP US N 1 N N N Wells Fargo Commercial Mortgag N/A 95000JAV0 400000.00000000 PA USD 393590.00000000 0.074449136753 Long ABS-MBS CORP US N 2 2059-12-15 Fixed 3.64000000 N N N N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 92343V104 21985.00000000 NS USD 951290.95000000 0.179940521935 Long EC CORP US N 1 N N N Oaktree CLO Ltd N/A 67401RAU8 350000.00000000 PA USD 351473.85000000 0.066482697029 Long ABS-CBDO CORP KY N 2 2037-10-15 Floating 6.35610000 N N N N N N REPUBLIC OF GUATEMALA 529900QKDFFU9UWW5315 401494AZ2 200000.00000000 PA USD 202000.00000000 0.038209115130 Long DBT NUSS GT N 2 2037-02-06 Fixed 6.55000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137FWFN5 1043981.93000000 PA USD 129460.86000000 0.024488044082 Long ABS-MBS USGSE US N 2 2050-09-25 Fixed 2.00000000 N N N N N N Poste Italiane SpA 815600354DEDBD0BA991 000000000 8356.00000000 NS 179536.38000000 0.033960030759 Long EC CORP IT N 2 N N Automatic Data Processing Inc HGBOLILQXWER4SAL2I23 053015103 1437.00000000 NS USD 443170.80000000 0.083827545146 Long EC CORP US N 1 N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC USD 232586.45000000 0.043994665573 N/A DCR CORP US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 IHS MARKIT LTD CDX.EM.43.V1 Y Default Event 2030-06-20 332500.00000000 USD 0.00000000 USD 9500000.00000000 USD -99913.55000000 N N N CD Commercial Mortgage Trust N/A 12515DAS3 621861.66000000 PA USD 9551.45000000 0.001806695310 Long ABS-MBS CORP US N 2 2050-05-10 Variable 1.37117600 N N N N N N REPUBLIC OF COLOMBIA 549300MHDRBVRF6B9117 195325DS1 200000.00000000 PA USD 165000.00000000 0.031210415824 Long DBT NUSS CO N 2 2031-04-15 Fixed 3.12500000 N N N N N N (Sunnova) Aurora I Issuer, LLC N/A 86744VAA9 345120.46000000 PA USD 301460.41000000 0.057022453034 Long ABS-O CORP US N 2 2049-08-20 Fixed 5.00000000 N N N N N N CVS Health Corp 549300EJG376EN5NQE29 126650100 357.00000000 NS USD 24625.86000000 0.004658080791 Long EC CORP US N 1 N N N Tharaldson Hotel Portfolio Tru N/A 87252LAA3 441831.15000000 PA USD 449693.89000000 0.085061413942 Long ABS-MBS CORP US N 2 2034-12-10 Variable 7.22711300 N N N N N N Takeda Pharmaceutical Co Ltd 549300ZLMVP4X0OGR454 000000000 6900.00000000 NS 213023.73000000 0.040294298143 Long EC CORP JP N 2 N N N Ono Pharmaceutical Co Ltd 529900G26L4NG4GFJZ86 000000000 12400.00000000 NS 134388.43000000 0.025420113831 Long EC CORP JP N 2 N N N JP Morgan Mortgage Trust N/A 46590YAD6 606791.23000000 PA USD 601666.51000000 0.113807648270 Long ABS-MBS CORP US N 2 2048-10-26 Variable 4.92129600 N N N N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 9704.00000000 NS USD 1482286.00000000 0.280380378366 Long EC CORP US N 1 N N N Novartis AG 5493007HIVTX6SY6XD66 000000000 3875.00000000 NS 470336.29000000 0.088966007200 Long EC CORP CH N 2 N N N Extended Stay America Trust N/A 30227FAL4 257318.44000000 PA USD 258299.18000000 0.048858332211 Long ABS-MBS CORP US N 2 2038-07-15 Floating 7.27648000 N N N N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 3515000.00000000 NC USD 58297.97000000 0.011027296275 N/A DIR CORP GB N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 Call Purchased BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP GB US 2034-11-27 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 2.35500000 USD 2034-11-27 XXXX 58297.97000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31397LJK6 492947.72000000 PA USD 37300.17000000 0.007055477672 Long ABS-MBS USGSE US N 2 2036-07-25 Floating 2.78035000 N N N N N N Dryden Senior Loan Fund 254900XN9Y85HJGYJ219 26253EBD9 1000000.00000000 PA USD 1001852.00000000 0.189504348572 Long ABS-CBDO CORP JE N 2 2037-10-15 Floating 6.15610000 N N N N N N Recordati Industria Chimica e 815600FBF92FD3531704 000000000 1185.00000000 NS 74483.37000000 0.014088829998 Long EC CORP IT N 2 N N ING Groep NV 549300NYKK9MWM7GGW15 000000000 15801.00000000 NS 346322.42000000 0.065508283257 Long EC CORP NL N 2 N N N Ford Motor Co 20S05OYHG0MQM4VUIC57 345370860 31498.00000000 NS USD 341753.30000000 0.064644015771 Long EC CORP US N 1 N N N MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 -3289000.00000000 NC -16845.92000000 -0.00318647374 N/A DIR CORP US N 2 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 Call Written MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP US US 2036-05-22 0.00000000 USD 0.00000000 USD 0.00000000 EUR 0.01000000 USD 2.30000000 EUR 2026-05-20 XXXX 10240.53000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136AHC57 3258921.57000000 PA USD 337307.02000000 0.063802983967 Long ABS-MBS USGSE US N 2 2044-01-25 Floating 1.63035000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CLW9 578600.00000000 PA USD 580679.34000000 0.109837840375 Long DBT UST US N 2 2034-11-15 Fixed 4.25000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136AKNQ2 4518907.93220000 PA USD 493667.65000000 0.093379228093 Long ABS-MBS USGSE US N 2 2044-07-25 Floating 1.68035000 N N N N N N Kone Oyj 2138001CNF45JP5XZK38 000000000 599.00000000 NS 39462.66000000 0.007464521382 Long EC CORP FI N 2 N N N BKW AG 549300IE30SKTUO98Q38 000000000 384.00000000 NS 84191.87000000 0.015925231949 Long EC CORP CH N 2 N N N Tryg A/S 213800ZRS8AC4LSTCE39 000000000 5856.00000000 NS 151384.66000000 0.028635019321 Long EC CORP DK N 2 N N N Bojangles Issuer, LLC N/A 09748RAC2 50000.00000000 PA USD 51084.24000000 0.009662790136 Long ABS-O CORP US N 2 2054-11-20 Fixed 6.58400000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136A9XV5 702415.00000000 PA USD 16816.31000000 0.003180872895 Long ABS-MBS USGSE US N 2 2027-11-25 Fixed 3.00000000 N N N N N N Eastman Chemical Co FDPVHDGJ1IQZFK9KH630 277432100 2805.00000000 NS USD 209421.30000000 0.039612883972 Long EC CORP US N 1 N N N PG&E Corp 8YQ2GSDWYZXO2EDN3511 69331C108 15929.00000000 NS USD 222050.26000000 0.042001702718 Long EC CORP US N 1 N N N GS Mortgage Securities Trust N/A 36257UAN7 1896785.98000000 PA USD 51980.66000000 0.009832351596 Long ABS-MBS CORP US N 2 2052-09-10 Variable 0.92948500 N N N N N N COMMONBOND STUDENT LOAN TRUST N/A 20267WAA3 22093.22000000 PA USD 19747.18000000 0.003735258782 Long ABS-O CORP US N 2 2050-08-25 Fixed 1.98000000 N N N N N N JP Morgan Mortgage Trust N/A 46592ABH6 135740.92000000 PA USD 122095.86000000 0.023094924612 Long ABS-MBS CORP US N 2 2050-08-25 Variable 3.50000000 N N N N N N Flagstar Mortgage Trust N/A 33850BAY3 683373.46000000 PA USD 632297.10000000 0.119601547972 Long ABS-MBS CORP US N 2 2047-03-25 Variable 3.63552900 N N N N N N GS Mortgage Securities Trust N/A 36270JAA3 175000.00000000 PA USD 180424.39000000 0.034128001434 Long ABS-MBS CORP US N 2 2029-07-15 Variable 6.07208400 N N N N N N Vertex Pharmaceuticals Inc 54930015RAQRRZ5ZGJ91 92532F100 2204.00000000 NS USD 981220.80000000 0.185601873839 Long EC CORP US N 1 N N N BX Trust N/A 05608JAJ2 322663.95000000 PA USD 311054.89000000 0.058837287642 Long ABS-MBS CORP US N 2 2038-02-15 Floating 6.77648000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BGJ36 7755878.52000000 PA USD 2082627.89000000 0.393937469419 Long ABS-MBS USGSE US N 2 2051-09-25 Fixed 4.50000000 N N N N N N GS Mortgage-Backed Securities N/A 36257LAA5 28052.82000000 PA USD 26506.58000000 0.005013826568 Long ABS-MBS CORP US N 2 2049-11-25 Variable 4.00000000 N N N N N N Cboe Global Markets Inc 529900RLNSGA90UPEH54 12503M108 2119.00000000 NS USD 494171.99000000 0.093474626040 Long EC CORP US N 1 N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CNJ6 247800.00000000 PA USD 248012.95000000 0.046912650298 Long DBT UST US N 2 2032-06-30 Fixed 4.00000000 N N N N N N PETROLEOS DEL PERU SA 549300ZMGDLC9JT2OR80 716564AA7 200000.00000000 PA USD 155437.00000000 0.029401535784 Long DBT CORP PE N 2 2032-06-19 Fixed 4.75000000 N N N N N N ARDN 2025-ARCP Mortgage Trust N/A 039961AA5 1000000.00000000 PA USD 1002323.30000000 0.189593496868 Long ABS-MBS CORP US N 2 2035-06-15 Floating 6.05000000 N N N N N N 3M Co LUZQVYP4VS22CLWDAR65 88579Y101 4007.00000000 NS USD 610025.68000000 0.115388819007 Long EC CORP US N 1 N N N Columbia Sportswear Co 549300OTMCIEUXAH5Z60 198516106 3578.00000000 NS USD 218544.24000000 0.041338524887 Long EC CORP US N 1 N N N Ecolab Inc 82DYEISM090VG8LTLS26 278865100 1726.00000000 NS USD 465053.44000000 0.087966734805 Long EC CORP US N 1 N N N BNP Paribas SA R0MUWSFPU8MPRO8K5P83 000000000 4382.00000000 NS 393074.02000000 0.074351537054 Long EC CORP FR N 2 N N N AppLovin Corp 549300LLVXMUAOL3SQ07 03831W108 1081.00000000 NS USD 378436.48000000 0.071582787296 Long EC CORP US N 1 N N N Mosaic Solar Loans LLC N/A 61946LAB8 18622.51000000 PA USD 16650.84000000 0.003149573577 Long ABS-O CORP US N 2 2044-02-22 Fixed 4.74000000 N N N N N N DEUTSCHE BANK AKTIENGESELLSCHAFT 7LTWFZYICNSX8D621K86 000000000 1.00000000 NC USD -36728.68000000 -0.00694737803 N/A DFE CORP US N 2 DEUTSCHE BANK AKTIENGESELLSCHAFT 7LTWFZYICNSX8D621K86 -31022354.97000000 TRY 657810.75000000 USD 2025-11-10 -36728.68000000 N N N Hancock Whitney Corp 549300GRNBWY8HIICT41 410120109 4681.00000000 NS USD 268689.40000000 0.050823684251 Long EC CORP US N 1 N N N BX Trust N/A 05609VAL9 1937656.25000000 PA USD 1929771.93000000 0.365024147765 Long ABS-MBS CORP US N 2 2036-09-15 Floating 6.07624000 N N N N N N Smiths Group PLC 213800MJL6IPZS3ASA11 000000000 5620.00000000 NS 173344.74000000 0.032788857068 Long EC CORP GB N 2 N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724CC4 8412.88000000 PA USD 4206.44000000 0.000795665100 Long DBT NUSS UA N 2 2036-02-01 Variable 1.75000000 N N N N N N BX Trust N/A 05609BBH1 197702.45000000 PA USD 196653.34000000 0.037197772815 Long ABS-MBS CORP US N 2 2036-02-15 Floating 6.42648000 N N N N N N Sequoia Mortgage Trust N/A 81749PAV2 1406497.87000000 PA USD 1390595.02000000 0.263036659499 Long ABS-MBS CORP US N 2 2054-10-25 Variable 5.50000000 N N N N N N HTL Commercial Mortgage Trust N/A 404300AA3 800000.00000000 PA USD 808747.20000000 0.152977796416 Long ABS-MBS CORP US N 2 2039-05-10 Variable 6.07149500 N N N N N N Fortive Corp 549300MU9YQJYHDQEF63 34959J108 5775.00000000 NS USD 301050.75000000 0.056944964192 Long EC CORP US N 1 N N N AXA SA F5WCUMTUM4RKZ1MAIE39 000000000 5479.00000000 NS 269047.31000000 0.050891384372 Long EC CORP FR N 2 N N N Brixmor Property Group Inc 5299007UXW6Y0W2EGZ95 11120U105 16702.00000000 NS USD 434920.08000000 0.082266888164 Long EC CORP US N 1 N N N FREMF Mortgage Trust N/A 30295DAL6 1119479.74000000 PA USD 1008904.64000000 0.190838383887 Long ABS-MBS USGSE US N 2 2049-08-25 None 0.00000000 N N N N N N Provident Funding Mortgage Tru N/A 74387MAK5 400000.00000000 PA USD 243610.48000000 0.046079905333 Long ABS-MBS CORP US N 2 2051-10-25 Variable 2.00000000 N N N N N N NatWest Group PLC 2138005O9XJIJN4JPN90 000000000 26057.00000000 NS 182996.55000000 0.034614535878 Long EC CORP GB N 2 N N N CODELCO INC 549300UVMBCBCIPSUI70 21987BBK3 200000.00000000 PA USD 209450.00000000 0.039618312693 Long DBT CORP CL N 2 2036-01-26 Fixed 6.44000000 N N N N N N BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 -3515000.00000000 NC USD -107115.73000000 -0.02026137257 N/A DIR CORP GB N 2 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 Put Written BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 BARCLAYS BANK PLC G5GSEF7VJP5I7OUK5573 000000000 0.00000000 NC USD 0.00000000 0.00000000 DIR CORP GB US 2034-11-27 0.00000000 USD 0.00000000 USD 0.00000000 USD 1.00000000 USD 5.35500000 USD 2034-11-27 XXXX -107115.73000000 N N N National Fuel Gas Co 8JB38FFW1Y3C1HM8E841 636180101 2801.00000000 NS USD 237272.71000000 0.044881090562 Long EC CORP US N 1 N N N ROYAL CARIBBEAN CRUISES K2NEH8QNVW44JIWK7Z55 780153BK7 70000.00000000 PA USD 70457.53000000 0.013327326116 Long DBT CORP LR N 2 2027-07-15 Fixed 5.37500000 N N N N N N Bank Hapoalim BM B6ARUI4946ST4S7WOU88 000000000 3231.00000000 NS 62061.28000000 0.011739141547 Long EC CORP IL N 2 N N N OGE Energy Corp CE5OG6JPOZMDSA0LAQ19 670837103 6784.00000000 NS USD 301073.92000000 0.056949346891 Long EC CORP US N 1 N N N Fannie Mae - CAS N/A 20754WAC9 100000.00000000 PA USD 102388.36000000 0.019367171461 Long ABS-MBS CORP US N 2 2040-01-25 Floating 7.41965000 N N N N N N BX Trust N/A 05609BAM1 250000.00000000 PA USD 248673.38000000 0.047037573298 Long ABS-MBS CORP US N 2 2036-02-15 Floating 6.42648000 N N N N N N JP Morgan Chase Commercial Mor N/A 46593JAA2 1000000.00000000 PA USD 1020863.80000000 0.193100507260 Long ABS-MBS CORP US N 2 2039-10-05 Variable 5.99038800 N N N N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 15518.00000000 NS USD 4277536.70000000 0.809113327943 Long EC CORP US N 1 N N N Mill City Mortgage Trust N/A 59980XAG2 2095532.61000000 PA USD 2010093.14000000 0.380217228757 Long ABS-MBS CORP US N 2 2058-08-25 Variable 3.25000000 N N N N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 1.00000000 NC USD -45033.64000000 -0.00851829473 N/A DFE CORP US N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 -3513278.08000000 BRL 600111.04000000 USD 2025-07-11 -45033.64000000 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38382FB37 2836032.42000000 PA USD 524782.28000000 0.099264685915 Long ABS-MBS USGA US N 2 2050-06-20 Fixed 3.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136B4GR3 1114253.30000000 PA USD 225111.93000000 0.042580829953 Long ABS-MBS USGSE US N 2 2039-09-25 Fixed 6.00000000 N N N N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 713448108 6431.00000000 NS USD 849149.24000000 0.160620005316 Long EC CORP US N 1 N N N Hewlett Packard Enterprise Co 549300BX44RGX6ANDV88 42824C109 16565.00000000 NS USD 338754.25000000 0.064076733362 Long EC CORP US N 1 N N N GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 87000.00000000 NC USD 2124.82000000 0.000401918277 N/A DFE CORP GB N 2 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 Put Purchased GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 GOLDMAN SACHS INTERNATIONAL W22LROWP2IHZNBB6K528 000000000 0.00000000 NC 0.00000000 0.00000000 DFE CORP GB US N/A JPY N/A USD 2025-10-13 0.01000000 USD 125.00000000 USD 2025-10-13 XXXX -5226.68000000 N N N BX Trust N/A 05608RAG0 825000.00000000 PA USD 824280.19000000 0.155915924155 Long ABS-MBS CORP US N 2 2036-10-15 Floating 6.07248000 N N N N N N Symphony CLO Ltd 5493004PWOYFPAFQVT02 87165VAX7 170744.64000000 PA USD 171000.76000000 0.032345483793 Long ABS-CBDO CORP KY N 2 2031-10-15 Floating 5.45610000 N N N N N N MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 000000000 1.00000000 NC USD 233600.00000000 0.044186382645 N/A DIR CORP US N 2 MORGAN STANLEY & CO. LLC 9R7GPTSO7KV3UQJZQ078 IHS MARKIT LTD IBOXX USD LIQUID HIGH YIELD INDEX Y Performance Leg 2025-12-22 0.00000000 USD 0.00000000 USD 8000000.00000000 USD 233600.00000000 N N N Isuzu Motors Ltd 529900C0QSXVCC7AR494 000000000 11800.00000000 NS 149481.68000000 0.028275062975 Long EC CORP JP N 2 N N N Countrywide Alternative Loan T N/A 12667FTE5 29592.94000000 PA USD 29450.60000000 0.005570699831 Long ABS-MBS CORP US N 2 2034-10-25 Floating 5.04214000 N N N N N N Medibank Pvt Ltd BDYVSUPTML83OLINBJ17 000000000 54552.00000000 NS 181161.82000000 0.034267489295 Long EC CORP AU N 2 N N N U-Haul Holding Co 5493003WIDMLDHYC6Y24 023586506 2722.00000000 NS USD 147995.14000000 0.027993877935 Long EC CORP US N 1 N N N Voya VACS Series EMHCD Fund 549300F0L4T7FY2BWJ84 92919X104 1031386.48940000 NS USD 10602653.11000000 2.005534620629 Long EC RF US N 1 N N N OMV AG 549300V62YJ9HTLRI486 000000000 3180.00000000 NS 172932.55000000 0.032710889666 Long EC CORP AT N 2 N N N UKRAINE GOVERNMENT 6354001WLTJXOMEXPY07 903724CB6 67303.03000000 PA USD 34526.45000000 0.006530817342 Long DBT NUSS UA N 2 2035-02-01 Variable 1.75000000 N N N N N N FREMF Mortgage Trust N/A 30295DAS1 11005093.20750000 PA USD 6808.85000000 0.001287921453 Long ABS-MBS USGSE US N 2 2049-08-25 Fixed 0.10000000 N N N N N N Procter & Gamble Co/The 2572IBTT8CCZW6AU4141 742718109 9021.00000000 NS USD 1437225.72000000 0.271857044573 Long EC CORP US N 1 N N N Netflix Inc 549300Y7VHGU0I7CE873 64110L106 1741.00000000 NS USD 2331425.33000000 0.440998509167 Long EC CORP US N 1 N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38382KWP4 6869266.13000000 PA USD 1026838.51000000 0.194230647766 Long ABS-MBS USGA US N 2 2050-10-20 Fixed 2.50000000 N N N N N N Kroger Co/The 6CPEOKI6OYJ13Q6O7870 501044101 1602.00000000 NS USD 114911.46000000 0.021735966361 Long EC CORP US N 1 N N N Tradeweb Markets Inc N/A 892672106 9068.00000000 NS USD 1327555.20000000 0.251112423161 Long EC CORP US N 1 N N N Fisher & Paykel Healthcare Cor N/A 000000000 4077.00000000 NS 89550.44000000 0.016938827088 Long EC CORP NZ N 2 N N N Enel SpA WOCMU6HCI0OJWNPRZS33 000000000 3113.00000000 NS 29544.65000000 0.005588489768 Long EC CORP IT N 2 N N N Altria Group Inc XSGZFLO9YTNO9VCQV219 02209S103 12329.00000000 NS USD 722849.27000000 0.136729856333 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 037833100 31827.00000000 NS USD 6529945.59000000 1.235165558629 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137ASUG7 5463097.84000000 PA USD 571009.27000000 0.108008707613 Long ABS-MBS USGSE US N 2 2042-08-15 Floating 1.63167000 N N N N N N H&R Block Inc 549300CE3KUCWLZBG404 093671105 7040.00000000 NS USD 386425.60000000 0.073093961582 Long EC CORP US N 1 N N N Fannie Mae - CAS N/A 20753UAB6 500000.00000000 PA USD 506034.50000000 0.095718467675 Long ABS-MBS CORP US N 2 2044-01-25 Floating 6.10517000 N N N N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 4741.00000000 NS USD 375297.56000000 0.070989047911 Long EC CORP US N 1 N N N Ingredion Inc PKSTQ48QDN0XSVS7YK88 457187102 3381.00000000 NS USD 458531.22000000 0.086733030573 Long EC CORP US N 1 N N N Asahi Kasei Corp 353800GPI4Z3MGDGN142 000000000 22500.00000000 NS 160172.24000000 0.030297225538 Long EC CORP JP N 2 N N N MEXICAN UDIBONOS 254900EGTWEU67VP6075 000000000 56570.00000000 PA 2282975.34000000 0.431833998048 Long DBT NUSS MX N 2 2031-11-27 Fixed 2.75000000 N N N N N N Sequoia Mortgage Trust N/A 81749JAU8 212611.62000000 PA USD 213319.30000000 0.040350206402 Long ABS-MBS CORP US N 2 2054-04-25 Variable 6.00000000 N N N N N N Navient Student Loan Trust N/A 63941HAA0 248141.71000000 PA USD 235192.66000000 0.044487640711 Long ABS-O CORP US N 2 2069-05-15 Fixed 1.69000000 N N N N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287Y109 2200.00000000 NS USD 408364.00000000 0.077243698470 Long EC CORP US N 1 N N N NNN REIT Inc 5493008JKH5SOTI0JS97 637417106 10444.00000000 NS USD 450971.92000000 0.085303158474 Long EC CORP US N 1 N N N Imperial Brands PLC 549300DFVPOB67JL3A42 000000000 5644.00000000 NS 222994.72000000 0.042180351138 Long EC CORP GB N 2 N N N Snowflake Inc 254900CJNSY1K7T53Z16 833445109 2967.00000000 NS USD 663925.59000000 0.125584204486 Long EC CORP US N 1 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 369550108 756.00000000 NS USD 220494.96000000 0.041707511447 Long EC CORP US N 1 N N N CHICAGO MERCANTILE EXCHANGE INC. SNZ2OJLFK8MNNCLQOF39 000000000 1.00000000 NC USD -7379.57000000 -0.00139587544 N/A DIR CORP US N 2 CHICAGO MERCANTILE EXCHANGE INC. SNZ2OJLFK8MNNCLQOF39 Y 2045-05-05 0.00000000 USD 0.00000000 USD 1422528.00000000 USD -7379.57000000 N N N OSD CLO 2023-27, Ltd. N/A 67570KAE4 500000.00000000 PA USD 500740.50000000 0.094717086212 Long ABS-CBDO CORP KY N 2 2035-07-16 Floating 6.46054000 N N N N N N Danone SA 969500KMUQ2B6CBAF162 000000000 2516.00000000 NS 205868.10000000 0.038940781854 Long EC CORP FR N 2 N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 -75.00000000 NC USD -311188.12000000 -0.05886248863 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Short US TREASURY N/B United States Treasury Note/Bond 2025-09-19 -8348968.13000000 USD -311188.12000000 N N N Transurban Group 549300ZR71SUQ4VUTM79 000000000 14125.00000000 NS 129963.63000000 0.024583145056 Long EC CORP AU N 2 N N N Digital Realty Trust Inc 549300HKCZ31D08NEI41 253868103 854.00000000 NS USD 148877.82000000 0.028160840419 Long EC CORP US N 1 N N N Mowi ASA 549300W1OGQF5LZIH349 000000000 5518.00000000 NS 106571.44000000 0.020158417923 Long EC CORP NO N 2 N N N REPUBLIC OF GUATEMALA 529900QKDFFU9UWW5315 401494AY5 250000.00000000 PA USD 254625.00000000 0.048163346237 Long DBT NUSS GT N 2 2031-08-06 Fixed 6.05000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38378UVZ7 600732.72000000 PA USD 46346.89000000 0.008766701267 Long ABS-MBS USGA US N 2 2043-10-16 Floating 1.25376000 N N N N N N Wind River CLO Ltd N/A 97316LAE8 600000.00000000 PA USD 601200.00000000 0.113719406021 Long ABS-CBDO CORP KY N 2 2035-04-15 Floating 7.01771000 N N N N N N Synchrony Financial 549300RS7EWPM9MA6C78 87165B103 4018.00000000 NS USD 268161.32000000 0.050723795789 Long EC CORP US N 1 N N N Boca Commercial Mortgage Trust N/A 096817AA9 1500000.00000000 PA USD 1506307.20000000 0.284924085279 Long ABS-MBS CORP US N 2 2041-08-15 Floating 6.23244000 N N N N N N Aker BP ASA 549300NFTY73920OYK69 000000000 7360.00000000 NS 188080.41000000 0.035576168512 Long EC CORP NO N 2 N N N Rate Mortgage Trust N/A 75409XBG0 410374.14000000 PA USD 332768.94000000 0.062944587823 Long ABS-MBS CORP US N 2 2051-12-25 Variable 2.50000000 N N N N N N Ford Credit Auto Owner Trust/F N/A 34528EAC5 100000.00000000 PA USD 100045.89000000 0.018924083808 Long ABS-O CORP US N 2 2034-11-15 Fixed 4.67000000 N N N N N N PARAMOUNT GLOBAL 5KYC8KF17ROCY24M3H09 92556HAE7 147000.00000000 PA USD 144556.94000000 0.027343528531 Long DBT CORP US N 2 2062-03-30 Fixed 6.37500000 N N N N N N Scout24 SE 5493007EIKM2ENQS7U66 000000000 1203.00000000 NS 166073.23000000 0.031413421609 Long EC CORP DE N 2 N N N COMM Mortgage Trust N/A 12595EAE5 663789.86000000 PA USD 11785.59000000 0.002229291906 Long ABS-MBS CORP US N 2 2050-09-10 Variable 1.30264700 N N N N N N Wind River CLO Ltd 549300H4V7OE3OL7II20 97316XAA0 27550.09000000 PA USD 27584.53000000 0.005217725161 Long ABS-CBDO CORP KY N 2 2030-10-20 Floating 5.46947000 N N N N N N West Japan Railway Co 353800QGUXHZ7EBCR121 000000000 7500.00000000 NS 171458.05000000 0.032431982041 Long EC CORP JP N 2 N N N Citigroup Commercial Mortgage N/A 29429EAF8 838476.58000000 PA USD 9030.77000000 0.001708206587 Long ABS-MBS CORP US N 2 2049-07-10 Variable 2.04440400 N N N N N N Comfort Systems USA Inc 5299009DT1ZA5HTU6R38 199908104 1401.00000000 NS USD 751230.21000000 0.142098225659 Long EC CORP US N 1 N N N Voya VACS Series SC Fund 549300WMAVLRYOGXL523 92919X203 3092721.94100000 NS USD 32875634.23000000 6.218558877609 Long EC RF US N 1 N N N Exelon Corp 3SOUA6IRML7435B56G12 30161N101 12532.00000000 NS USD 544139.44000000 0.102926170841 Long EC CORP US N 1 N N N GS Mortgage-Backed Securities N/A 36270WAD8 604812.19000000 PA USD 590589.67000000 0.111712419286 Long ABS-MBS CORP US N 2 2055-02-25 Variable 5.00000000 N N N N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 2.00000000 NC USD 8495.56000000 0.001606969456 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Long US TREASURY N/B United States Treasury Note/Bond 2025-09-19 229754.44000000 USD 8495.56000000 N N N Paychex Inc 529900K900DW6SUBM174 704326107 3507.00000000 NS USD 510128.22000000 0.096492811332 Long EC CORP US N 1 N N N Flowserve Corp 6Y0GK87T6V7NJKZJVM41 34354P105 333.00000000 NS USD 17432.55000000 0.003297437178 Long EC CORP US N 1 N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AVDU8 1298790.50000000 PA USD 75584.54000000 0.014297120747 Long ABS-MBS USGSE US N 2 2032-10-15 Floating 1.78167000 N N N N N N Storm King Park CLO, Ltd N/A 86217RAQ1 1250000.00000000 PA USD 1255912.50000000 0.237560917357 Long ABS-CBDO CORP JE N 2 2037-10-15 Floating 6.25610000 N N N N N N Globe Life Inc 5493001JFHKQOPP6XA71 37959E102 3394.00000000 NS USD 421840.26000000 0.079792787430 Long EC CORP US N 1 N N N UBS AG BFM8T61CT2L1QCEMIK50 000000000 2458000.00000000 NC -35248.17000000 -0.00666733359 N/A DIR CORP CH N 2 UBS AG BFM8T61CT2L1QCEMIK50 Put Purchased UBS AG BFM8T61CT2L1QCEMIK50 UBS AG BFM8T61CT2L1QCEMIK50 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP CH US 2035-12-17 0.00000000 USD 0.00000000 USD 0.00000000 EUR 1.00000000 USD 3.00000000 EUR 2025-12-15 XXXX -35248.17000000 N N N Marsh & McLennan Cos Inc 549300XMP3KDCKJXIU47 571748102 3105.00000000 NS USD 678877.20000000 0.128412361852 Long EC CORP US N 1 N N N BX Trust N/A 05610DAA0 500000.00000000 PA USD 504203.30000000 0.095372088805 Long ABS-MBS CORP US N 2 2038-05-15 Floating 7.00176000 N N N N N N Galaxy CLO Ltd N/A 36321LAJ8 87031.17000000 PA USD 87192.18000000 0.016492752693 Long ABS-CBDO CORP KY N 2 2031-11-22 Floating 5.49626000 N N N N N N MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 -3277000.00000000 NC 32368.84000000 0.006122696703 N/A DIR CORP US N 2 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 Put Written MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 MORGAN STANLEY CAPITAL SERVICES LLC I7331LVCZKQKX5T7XV54 000000000 0.00000000 NC 0.00000000 0.00000000 DIR CORP US US 2035-12-17 0.00000000 USD 0.00000000 USD 0.00000000 EUR 1.00000000 USD 3.25000000 EUR 2025-12-15 XXXX 32368.84000000 N N N Wells Fargo Alternative Loan T N/A 94985FAG3 8033.00000000 PA USD 7017.25000000 0.001327341154 Long ABS-MBS CORP US N 2 2037-06-25 Floating 4.86368000 N N N N N N GS Mortgage Securities Trust 54930066YOFVQE068N73 36250PAD7 187162.59000000 PA USD 186936.72000000 0.035359834933 Long ABS-MBS CORP US N 2 2048-07-10 Fixed 3.76400000 N N N N N N COMM Mortgage Trust N/A 12630BBF4 34665.95000000 PA USD 32556.00000000 0.006158098773 Long ABS-MBS CORP US N 2 2046-11-10 Variable 5.10916500 N N N N N N GS Mortgage Securities Trust N/A 36252SAX5 1039156.99000000 PA USD 31437.46000000 0.005946522418 Long ABS-MBS CORP US N 2 2052-02-10 Variable 1.16933800 N N N N N N BONOS DE TESORERIA 254900STKLK2DBJJZ530 000000000 13087000.00000000 PA 3813193.45000000 0.721280928442 Long DBT NUSS PE N 2 2035-08-12 Fixed 6.85000000 N N N N N N Freddiemac Strip S6XOOCT0IEG5ABCC6L87 31325XWG1 1802707.82000000 PA USD 291523.47000000 0.055142840734 Long ABS-MBS USGSE US N 2 2048-11-15 Fixed 3.50000000 N N N N N N GSAT Trust 2025-BMF N/A 36271XAC7 1000000.00000000 PA USD 1002064.60000000 0.189544562720 Long ABS-MBS CORP US N 2 2030-07-15 Floating 6.27000000 N N N N N N GSK PLC 5493000HZTVUYLO1D793 000000000 5107.00000000 NS 97372.17000000 0.018418338881 Long EC CORP GB N 2 N N N Nippon Building Fund Inc 52990053R8NL2MB32172 000000000 173.00000000 NS 159744.62000000 0.030216339490 Long EC CORP JP N 2 N N Oversea-Chinese Banking Corp L 5493007O3QFXCPOGWK22 000000000 5700.00000000 NS 73092.90000000 0.013825816986 Long EC CORP SG N 2 N N N Millicom International Cellula 549300CTHC1CP86P2G96 000000000 8810.00000000 NS USD 330110.70000000 0.062441771000 Long EC CORP LU N 1 N N N Freddie Mac - STACR 5493000IS4CDPWRMWB65 35564KWT2 400000.00000000 PA USD 415968.00000000 0.078682025755 Long ABS-MBS CORP US N 2 2042-05-25 Floating 7.65517000 N N N N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 20825C104 8274.00000000 NS USD 742508.76000000 0.140448528198 Long EC CORP US N 1 N N N Social Professional Loan Progr N/A 83401AAB4 10155.41000000 PA USD 10042.77000000 0.001899630471 Long ABS-O CORP US N 2 2048-02-25 Fixed 3.60000000 N N N N N N Fresenius SE & Co KGaA XDFJ0CYCOO1FXRFTQS51 000000000 4055.00000000 NS 204059.50000000 0.038598677866 Long EC CORP DE N 2 N N N Sequoia Mortgage Trust N/A 81748VCF3 625246.45000000 PA USD 510017.59000000 0.096471885221 Long ABS-MBS CORP US N 2 2051-05-25 Variable 2.65066400 N N N N N N Michelin 549300SOSI58J6VIW052 000000000 4198.00000000 NS 156141.78000000 0.029534847765 Long EC CORP FR N 2 N N N Mid-America Apartment Communit 549300FQZKFR5YNSHZ21 59522J103 1513.00000000 NS USD 223939.13000000 0.042358990100 Long EC CORP US N 1 N N N Nyack Park CLO, Ltd. N/A 67080PAJ5 500000.00000000 PA USD 500875.50000000 0.094742622007 Long ABS-CBDO CORP KY N 2 2034-10-20 Floating 6.48108000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137ACP94 316820.54000000 PA USD 14319.31000000 0.002708555269 Long ABS-MBS USGSE US N 2 2041-01-15 Floating 2.18167000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137AL5C9 7109069.14000000 PA USD 779216.54000000 0.147391952912 Long ABS-MBS USGSE US N 2 2042-01-15 Floating 2.13167000 N N N N N N Evonik Industries AG 41GUOJQTALQHLF39XJ34 000000000 6714.00000000 NS 138702.14000000 0.026236069485 Long EC CORP DE N 2 N N N SS&C Technologies Holdings Inc 529900POY8H7NPPNKK71 78467J100 6421.00000000 NS USD 531658.80000000 0.100565407422 Long EC CORP US N 1 N N N Salesforce Inc RCGZFPDMRW58VJ54VR07 79466L302 3758.00000000 NS USD 1024769.02000000 0.193839195382 Long EC CORP US N 1 N N N 2025-08-25 Voya Investors Trust Dorothy Roman Dorothy Roman Vice President, Fund Administration