NPORT-P false 0000898745 XXXXXXXX S000014245 C000090493 C000038767 C000038764 C000090498 C000090496 C000038766 Principal Funds, Inc 811-07572 0000898745 549300HZGBXSW6DSXF23 801 Grand Ave Des Moines 50309 515-235-1719 Short-Term Income Fund S000014245 IJOCWVJG326LDFE5SJ51 2025-10-31 2025-04-30 N 3320187966.26 31859883.24 3288328083.02 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 12600000.00000000 0.00000000 0.00000000 637439.16000000 USD N Fund Securities Portfolio N/A BX 2024-PALM N/A 05612UAA0 10125000.00000000 PA USD 10096523.44000000 0.307041243607 Long ABS-MBS CORP US N 2 2037-06-15 Floating 5.86000000 N N N N N N NextEra Energy Capital Holdings Inc UMI46YPGBLUE4VGNNT48 65339KCT5 10000000.00000000 PA USD 10129008.50000000 0.308029133476 Long DBT CORP US N 2 2029-03-15 Fixed 4.90000000 N N N N N N Navient Private Education Refi Loan Trust 2021-C N/A 63942JAA5 6327038.90000000 PA USD 5684654.01000000 0.172873687371 Long ABS-O CORP US N 2 2069-10-15 Fixed 1.06000000 N N N N N N Vistra Operations Co LLC 549300ZH5GKBTJZ7NM23 92840VAG7 19500000.00000000 PA USD 19162903.70000000 0.582755224423 Long DBT CORP US N 2 2027-01-30 Fixed 3.70000000 N N N N N N GM Financial Consumer Automobile Receivables Trust 2023-3 N/A 36267KAB3 122767.53000000 PA USD 122833.32000000 0.003735433840 Long ABS-O CORP US N 2 2026-09-16 Fixed 5.74000000 N N N N N N NatWest Group PLC 2138005O9XJIJN4JPN90 639057AR9 9500000.00000000 PA USD 9516350.74000000 0.289397848990 Long DBT CORP GB N 2 2028-11-15 Floating 5.66000000 N N N N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141GA87 8235000.00000000 PA USD 8535956.64000000 0.259583485117 Long DBT CORP US N 2 2030-04-25 Variable 5.73000000 N N N N N N Westlake Corp GOXNEVUM0LL78B1OS344 960413AT9 7900000.00000000 PA USD 7790710.77000000 0.236920117862 Long DBT CORP US N 2 2026-08-15 Fixed 3.60000000 N N N N N N JP Morgan Mortgage Trust 2023-10 N/A 465986AK3 753911.80000000 PA USD 755455.36000000 0.022973843878 Long ABS-MBS CORP US N 2 2054-05-25 Variable 6.00000000 N N N N N N BX Trust 2021-LGCY N/A 12434DAA0 10700000.00000000 PA USD 10646500.00000000 0.323766355765 Long ABS-MBS CORP US N 2 2036-10-15 Floating 4.94000000 N N N N N N Columbia Pipelines Holding Co LLC N/A 19828AAB3 11350000.00000000 PA USD 11703293.61000000 0.355904073879 Long DBT CORP US N 2 2028-08-15 Fixed 6.04000000 N N N N N N CPS Auto Receivables Trust 2024-D N/A 22411JAA3 7369564.70000000 PA USD 7370125.52000000 0.224129871896 Long ABS-O CORP US N 2 2028-06-15 Fixed 4.91000000 N N N N N N AT&T Inc 549300Z40J86GGSTL398 00206RML3 9400000.00000000 PA USD 9168033.19000000 0.278805306482 Long DBT CORP US N 2 2026-03-25 Fixed 1.70000000 N N N N N N DLLAA 2025-1 LLC N/A 233249AB7 8600000.00000000 PA USD 8618109.02000000 0.262081787535 Long ABS-O CORP US N 2 2027-10-20 Fixed 4.70000000 N N N N N N Trafigura Securitisation Finance PLC 549300CH6S10UEZXWN56 892725AX0 15000000.00000000 PA USD 15145680.00000000 0.460589078024 Long ABS-O CORP IE N 2 2027-11-15 Fixed 5.98000000 N N N N N N Marathon CLO XIII Ltd N/A 56579ABJ8 15645478.92000000 PA USD 15634448.86000000 0.475452827858 Long ABS-O CORP KY N 2 2032-04-15 Floating 5.46000000 N N N N N N Chase Home Lending Mortgage Trust Series 2024-2 N/A 161929AH7 6678950.56000000 PA USD 6748676.80000000 0.205231249121 Long ABS-MBS CORP US N 2 2055-02-25 Variable 6.50000000 N N N N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 110122EF1 10000000.00000000 PA USD 10245752.50000000 0.311579387498 Long DBT CORP US N 2 2029-02-22 Fixed 4.90000000 N N N N N N OneMain Direct Auto Receivables Trust 2019-1 N/A 68267EAA2 3978018.68000000 PA USD 3958553.84000000 0.120381961290 Long ABS-O CORP US N 2 2027-09-14 Fixed 3.63000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YEK7 6000000.00000000 PA USD 5797202.58000000 0.176296355887 Long DBT CORP US N 2 2028-01-21 Variable 2.48000000 N N N N N N CPS Auto Receivables Trust 2024-C N/A 223920AA7 4994506.23000000 PA USD 5017110.37000000 0.152573290843 Long ABS-O CORP US N 2 2028-02-15 Fixed 5.88000000 N N N N N N Oaktree CLO 2019-4 Ltd N/A 67402CBE5 19000000.00000000 PA USD 19004313.00000000 0.577932387529 Long ABS-O CORP KY N 2 2037-07-20 Floating 5.78000000 N N N N N N Chase Auto Owner Trust 2024-5 N/A 16144QAB1 8073582.38000000 PA USD 8062692.73000000 0.245191249973 Long ABS-O CORP US N 2 2027-11-26 Fixed 4.40000000 N N N N N N CCG Receivables Trust 2024-1 N/A 12515PAB3 4352135.92000000 PA USD 4379073.47000000 0.133170211713 Long ABS-O CORP US N 2 2032-03-15 Fixed 4.99000000 N N N N N N Consumers Energy Co 7NKTFWJ1G6MELP9TU740 210518DV5 8200000.00000000 PA USD 8360043.17000000 0.254233852551 Long DBT CORP US N 2 2029-02-15 Fixed 4.90000000 N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31402DLW8 16179.64000000 PA USD 16394.49000000 0.000498566128 Long ABS-MBS USGA US N 2 2037-02-01 Floating 6.69000000 N N N N N N Roper Technologies Inc 54930003T4SXCIWVXY35 776696AG1 7400000.00000000 PA USD 7368063.23000000 0.224067156438 Long DBT CORP US N 2 2029-10-15 Fixed 4.50000000 N N N N N N Pfizer Investment Enterprises Pte Ltd 5493000FQO8XF9C0RT95 716973AA0 7000000.00000000 PA USD 7000031.85000000 0.212875104711 Long DBT CORP SG N 2 2025-05-19 Fixed 4.65000000 N N N N N N SBA Tower Trust N/A 78403DAT7 19400000.00000000 PA USD 18467822.24000000 0.561617386518 Long DBT CORP US N 2 2051-05-15 Fixed 1.63000000 N N N N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 882508CG7 10000000.00000000 PA USD 10156897.20000000 0.308877245322 Long DBT CORP US N 2 2029-02-08 Fixed 4.60000000 N N N N N Morgan Stanley Residential Mortgage Loan Trust 2025-1 N/A 617944AF0 9500000.00000000 PA USD 9527686.80000000 0.289742585272 Long ABS-MBS CORP US N 2 2055-03-25 Variable 5.50000000 N N N N N N Metlife Securitization Trust 2019-1 N/A 59166EAB1 955275.45000000 PA USD 938908.24000000 0.028552754357 Long ABS-MBS CORP US N 2 2058-04-25 Variable 3.75000000 N N N N N N Vulcan Materials Co 549300Q8LSNHAVWBNI21 929160BB4 9000000.00000000 PA USD 9093156.12000000 0.276528250540 Long DBT CORP US N 2 2029-12-01 Fixed 4.95000000 N N N N N N JP Morgan Mortgage Trust 2025-1 529900DB310G9HU4BP72 46658UAL5 2333690.41000000 PA USD 2349903.96000000 0.071461967926 Long ABS-MBS CORP US N 2 2055-06-25 Variable 6.00000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31371FVE9 106.82000000 PA USD 107.09000000 0.000003256670 Long ABS-MBS USGA US N 2 2027-05-01 Fixed 8.00000000 N N N N N N JP Morgan Mortgage Trust 2023-HE2 N/A 46657FAA3 7055693.21000000 PA USD 7103013.63000000 0.216006841491 Long ABS-O CORP US N 2 2054-03-20 Floating 6.05000000 N N N N N N Wells Fargo Mortgage Backed Securities 2021-1 Trust N/A 95003AAC8 1655505.40000000 PA USD 1501179.52000000 0.045651756214 Long ABS-MBS CORP US N 2 2050-12-25 Variable 2.50000000 N N N N N N Broadcom Inc 549300WV6GIDOZJTV909 11135FBX8 7400000.00000000 PA USD 7544877.27000000 0.229444175870 Long DBT CORP US N 2 2029-07-12 Fixed 5.05000000 N N N N N N Commonbond Student Loan Trust 2018-BGS 549300EJIXF1G1X7PN20 20268MAA4 1723662.54000000 PA USD 1657605.24000000 0.050408754788 Long ABS-O CORP US N 2 2045-09-25 Fixed 3.56000000 N N N N N N Bank of Montreal NQQ6HPCNCCU6TUTQYE16 06368EDC3 14700000.00000000 PA USD 14320943.74000000 0.435508361040 Long DBT CORP CA N 2 2027-01-22 Variable 0.95000000 N N N N N N Southwestern Electric Power Co R64UBJHEC74EB3HGQ410 845437BS0 11600000.00000000 PA USD 11310662.13000000 0.343963918576 Long DBT CORP US N 2 2026-03-15 Fixed 1.65000000 N N N N N N Verizon Master Trust 5493007MUBNP1GFMEB89 92348KDJ9 5500000.00000000 PA USD 5465704.75000000 0.166215311003 Long ABS-O CORP US N 2 2032-08-20 Fixed 4.35000000 N N N N N N Evergy Kansas Central Inc J75GNWGEO73W89ZV3S44 30036FAE1 4100000.00000000 PA USD 4143945.85000000 0.126019841858 Long DBT CORP US N 2 2028-03-13 Fixed 4.70000000 N N N N N N BX Commercial Mortgage Trust 2021-VOLT N/A 05609VAA3 15000000.00000000 PA USD 14859375.00000000 0.451882373803 Long ABS-MBS CORP US N 2 2036-09-15 Floating 5.14000000 N N N N N N KeyBank NA/Cleveland OH HUX2X73FUCYHUVH1BK78 49327M3F9 15900000.00000000 PA USD 16328969.60000000 0.496573613938 Long DBT CORP US N 2 2027-11-15 Fixed 5.85000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YFQ3 6200000.00000000 PA USD 6412825.29000000 0.195017806255 Long DBT CORP US N 2 2030-04-18 Variable 5.66000000 N N N N N N ELFI Graduate Loan Program 2024-A LLC N/A 28627LAA5 4188975.32000000 PA USD 4257520.36000000 0.129473709815 Long ABS-O CORP US N 2 2049-08-25 Fixed 5.56000000 N N N N N N Guardian Life Global Funding 635400NHILJ5JEKILC36 40139LAG8 17525000.00000000 PA USD 17434515.62000000 0.530193921647 Long DBT CORP US N 2 2025-06-23 Fixed 1.10000000 N N N N N N Duke Energy Corp I1BZKREC126H0VB1BL91 26441CBJ3 9750000.00000000 PA USD 9612100.78000000 0.292309664283 Long DBT CORP US N 2 2025-09-15 Fixed 0.90000000 N N N N N N Deutsche Bank AG/New York NY 7LTWFZYICNSX8D621K86 251526CU1 7100000.00000000 PA USD 7543603.53000000 0.229405440684 Long DBT CORP DE N 2 2029-11-20 Variable 6.82000000 N N N N N N Citibank NA E57ODZWZ7FF32TWEFA76 17325FBL1 8000000.00000000 PA USD 8054758.40000000 0.244949962310 Long DBT CORP US N 2 2027-11-19 Variable 4.88000000 N N N N N N Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC N/A 85208NAE0 5700000.00000000 PA USD 5734644.60000000 0.174393930751 Long DBT CORP US N 2 2029-09-20 Fixed 5.15000000 N N N N N N Onemain Direct Auto Receivables Trust 2022-1 N/A 68269DAA2 4363922.67000000 PA USD 4363383.29000000 0.132693064068 Long ABS-O CORP US N 2 2029-03-14 Fixed 4.65000000 N N N N N N CDW LLC / CDW Finance Corp N/A 12513GBG3 11000000.00000000 PA USD 10635444.60000000 0.323430154518 Long DBT CORP US N 2 2026-12-01 Fixed 2.67000000 N N N N N N Navient Private Education Refi Loan Trust 2020-H N/A 63935BAA1 2897338.83000000 PA USD 2710302.57000000 0.082421902607 Long ABS-O CORP US N 2 2069-01-15 Fixed 1.31000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31402Q3Z2 1560.11000000 PA USD 1586.78000000 0.000048254917 Long ABS-MBS USGA US N 2 2034-07-01 Floating 6.67000000 N N N N N N Cisco Systems Inc 549300LKFJ962MZ46593 17275RBR2 10000000.00000000 PA USD 10254887.00000000 0.311857173040 Long DBT CORP US N 2 2029-02-26 Fixed 4.85000000 N N N N N N Chase Home Lending Mortgage Trust 2025-3 529900HBZNCZRSLIS225 16160MAD5 9278365.59000000 PA USD 9302156.25000000 0.282884067986 Long ABS-MBS CORP US N 2 2056-02-25 Variable 5.50000000 N N N N N N AerCap Ireland Capital DAC / AerCap Global Aviation Trust N/A 00774MBG9 9127000.00000000 PA USD 9409463.03000000 0.286147330571 Long DBT CORP IE N 2 2027-04-15 Fixed 6.45000000 N N N N N N Westlake Automobile Receivables Trust 2024-3 N/A 96043CAB6 7256578.66000000 PA USD 7258452.31000000 0.220733823595 Long ABS-O CORP US N 2 2027-09-15 Fixed 4.82000000 N N N N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 007903BH9 6300000.00000000 PA USD 6326400.53000000 0.192389578237 Long DBT CORP US N 2 2026-09-24 Fixed 4.21000000 N N N N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 682680BH5 6000000.00000000 PA USD 6073309.98000000 0.184692945067 Long DBT CORP US N 2 2026-11-01 Fixed 5.55000000 N N N N N N Sequoia Mortgage Trust 2024-2 N/A 81749HAJ7 3218293.87000000 PA USD 3222379.49000000 0.097994464318 Long ABS-MBS CORP US N 2 2054-03-25 Variable 6.00000000 N N N N N N Ingersoll Rand Inc 5299004C02FMZCUOIR50 45687VAC0 6000000.00000000 PA USD 6088844.88000000 0.185165370555 Long DBT CORP US N 2 2027-06-15 Fixed 5.20000000 N N N N N N Verizon Master Trust 5493007MUBNP1GFMEB89 92348KDM2 9700000.00000000 PA USD 9777174.17000000 0.297329643610 Long ABS-O CORP US N 2 2030-11-20 Fixed 4.62000000 N N N N N N MHC Commercial Mortgage Trust 2021-MHC N/A 55316VAA2 2467860.59000000 PA USD 2464775.76000000 0.074955287239 Long ABS-MBS CORP US N 2 2038-04-15 Floating 5.24000000 N N N N N N Truist Financial Corp 549300DRQQI75D2JP341 89788MAQ5 10000000.00000000 PA USD 10796122.60000000 0.328316467439 Long DBT CORP US N 2 2029-10-30 Variable 7.16000000 N N N N N N Commonbond Student Loan Trust 2020-A-GS N/A 20267WAA3 1773962.13000000 PA USD 1561269.39000000 0.047479124667 Long ABS-O CORP US N 2 2050-08-25 Fixed 1.98000000 N N N N N N NextEra Energy Capital Holdings Inc UMI46YPGBLUE4VGNNT48 65339KBS8 17200000.00000000 PA USD 17253698.23000000 0.524695157976 Long DBT CORP US N 2 2025-09-01 Fixed 5.75000000 N N N N N N Hewlett Packard Enterprise Co 549300BX44RGX6ANDV88 42824CBT5 9500000.00000000 PA USD 9411509.88000000 0.286209576489 Long DBT CORP US N 2 2029-10-15 Fixed 4.55000000 N N N N N N AmeriCredit Automobile Receivables Trust 2024-1 N/A 023947AB0 2469473.78000000 PA USD 2475862.56000000 0.075292443378 Long ABS-O CORP US N 2 2028-02-18 Fixed 5.75000000 N N N N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287YDS5 10000000.00000000 PA USD 10198334.10000000 0.310137365935 Long DBT CORP US N 2 2029-03-15 Fixed 4.80000000 N N N N N N US Bancorp N1GZ7BBF3NP8GI976H15 91159HJS0 4800000.00000000 PA USD 4877628.72000000 0.148331571450 Long DBT CORP US N 2 2030-07-23 Variable 5.10000000 N N N N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 49456BAZ4 6000000.00000000 PA USD 6091584.66000000 0.185248688884 Long DBT CORP US N 2 2029-08-01 Fixed 5.10000000 N N N N N N Alliant Energy Finance LLC 54930033ER6EOI5DL570 01882YAE6 8800000.00000000 PA USD 9175615.86000000 0.279035899957 Long DBT CORP US N 2 2029-03-30 Fixed 5.95000000 N N N N N N Principal Government Money Market Fund - Class R-6 N/A 74257B639 128051715.02000100 NS USD 128051715.02000100 3.894128316490 Long STIV RF US N 1 N N DTE Energy Co 549300IX8SD6XXD71I78 233331BK2 5000000.00000000 PA USD 5070695.65000000 0.154202850870 Long DBT CORP US N 2 2029-03-01 Fixed 5.10000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46647PEG7 6200000.00000000 PA USD 6424786.46000000 0.195381552503 Long DBT CORP US N 2 2030-04-22 Variable 5.58000000 N N N N N N Oaktree CLO 2024-25 Ltd 254900NTZ5OVNC5X7789 67402PAA5 6300000.00000000 PA USD 6301285.20000000 0.191625806212 Long ABS-O CORP KY N 2 2037-04-20 Floating 5.82000000 N N N N N N JP Morgan Mortgage Trust 2023-HE3 5299007DSRZLE19EYU93 465985AA7 5401036.94000000 PA USD 5406419.61000000 0.164412414865 Long ABS-O CORP US N 2 2054-05-25 Floating 5.95000000 N N N N N N Northrop Grumman Corp RIMU48P07456QXSO0R61 666807CK6 10000000.00000000 PA USD 10107361.70000000 0.307370841498 Long DBT CORP US N 2 2029-02-01 Fixed 4.60000000 N N N N N N Honda Auto Receivables 2023-2 Owner Trust N/A 437927AB2 154189.82000000 PA USD 154251.19000000 0.004690869831 Long ABS-O CORP US N 2 2026-04-15 Fixed 5.41000000 N N N N N N Cigna Group/The 549300VIWYMSIGT1U456 125523CP3 3534000.00000000 PA USD 3437021.28000000 0.104521847979 Long DBT CORP US N 2 2026-03-15 Fixed 1.25000000 N N N N N N Westlake Automobile Receivables Trust 2025-1 N/A 96043VAB4 9400000.00000000 PA USD 9400911.80000000 0.285887282614 Long ABS-O CORP US N 2 2028-01-18 Fixed 4.66000000 N N N N N N AB BSL CLO 4 Ltd N/A 00037VAJ7 9500000.00000000 PA USD 9458988.50000000 0.287653429377 Long ABS-O CORP JE N 2 2038-04-20 Floating 5.53000000 N N N N N N BNP Paribas SA R0MUWSFPU8MPRO8K5P83 09659W2V5 8400000.00000000 PA USD 8527082.34000000 0.259313612410 Long DBT CORP FR N 2 2029-01-13 Variable 5.13000000 N N N N N N BX Trust 2021-BXMF N/A 05609RAA2 9696311.50000000 PA USD 9647829.94000000 0.293396209150 Long ABS-MBS CORP US N 2 2026-10-15 Floating 5.07000000 N N N N N N Verizon Master Trust 5493007MUBNP1GFMEB89 92348KBS1 13800000.00000000 PA USD 13937435.58000000 0.423845651289 Long ABS-O CORP US N 2 2029-06-20 Fixed 5.16000000 N N N N N N MVW 2024-2 LLC N/A 55389QAA5 14823101.13000000 PA USD 14664037.40000000 0.445942041967 Long ABS-O CORP US N 2 2042-03-20 Fixed 4.43000000 N N N N N N American Tower Trust #1 5493004YGM0MQZJOEJ36 03027WAK8 6300000.00000000 PA USD 6155675.19000000 0.187197719770 Long DBT CORP US N 2 2048-03-15 Fixed 3.65000000 N N N N N N Credit Suisse First Boston Mortgage Securities Corp N/A 2254W0HF5 3016.44000000 PA USD 1713.97000000 0.000052122840 Long ABS-MBS CORP US N 2 2038-01-25 Fixed 5.00000000 N Y N N N N GM Financial Consumer Automobile Receivables Trust 2024-3 N/A 38013KAB6 8762441.64000000 PA USD 8784503.72000000 0.267141948680 Long ABS-O CORP US N 2 2027-06-16 Fixed 5.35000000 N N N N N N Glencore Funding LLC 213800STG1QDNBY87K49 378272BZ0 6000000.00000000 PA USD 6074981.70000000 0.184743783060 Long DBT CORP US N 2 2030-04-01 Fixed 5.19000000 N N N N N N CPS Auto Receivables Trust 2024-A N/A 22411CAA8 1466095.10000000 PA USD 1468126.96000000 0.044646608335 Long ABS-O CORP US N 2 2027-09-15 Fixed 5.71000000 N N N N N N American Tower Trust #1 5493004YGM0MQZJOEJ36 03027WAM4 10500000.00000000 PA USD 10683213.45000000 0.324882833472 Long DBT CORP US N 2 2053-03-15 Fixed 5.49000000 N N N N N N NiSource Inc 549300D8GOWWH0SJB189 65473PAN5 2700000.00000000 PA USD 2758850.31000000 0.083898268066 Long DBT CORP US N 2 2028-03-30 Fixed 5.25000000 N N N N N N Fortis Inc/Canada 549300MQYQ9Y065XPR71 349553AM9 14594000.00000000 PA USD 14275203.41000000 0.434117370578 Long DBT CORP CA N 2 2026-10-04 Fixed 3.06000000 N N N N N N JP Morgan Mortgage Trust 2023-HE1 N/A 46656UAA1 1506915.67000000 PA USD 1516420.39000000 0.046115240076 Long ABS-O CORP US N 2 2053-11-25 Floating 6.10000000 N N N N N N Nissan Auto Receivables 2024-B Owner Trust N/A 65479WAB0 12000000.00000000 PA USD 11993036.40000000 0.364715323325 Long ABS-O CORP US N 2 2027-06-15 Fixed 4.51000000 N N N N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 17327CAT0 9500000.00000000 PA USD 9403387.85000000 0.285962580758 Long DBT CORP US N 2 2030-09-19 Variable 4.54000000 N N N N N N Advanced Micro Devices Inc R2I72C950HOYXII45366 007903BJ5 6300000.00000000 PA USD 6355866.01000000 0.193285640895 Long DBT CORP US N 2 2028-03-24 Fixed 4.32000000 N N N N N N Navient Private Education Refi Loan Trust 2023-A N/A 638961AA0 2201307.80000000 PA USD 2250455.96000000 0.068437695484 Long ABS-O CORP US N 2 2071-10-15 Fixed 5.51000000 N N N N N N PNC Financial Services Group Inc/The CFGNEKW0P8842LEUIA51 693475CB9 6400000.00000000 PA USD 6543680.26000000 0.198997183212 Long DBT CORP US N 2 2031-01-29 Variable 5.22000000 N N N N N N Dllad 2024-1 LLC N/A 23346MAB2 4800175.86000000 PA USD 4825023.97000000 0.146731829920 Long ABS-O CORP US N 2 2027-08-20 Fixed 5.50000000 N N N N N N Verizon Master Trust 5493007MUBNP1GFMEB89 92348KDE0 5500000.00000000 PA USD 5500173.80000000 0.167263535180 Long ABS-O CORP US N 2 2030-08-20 Fixed 4.17000000 N N N N N N SBA Tower Trust N/A 78403DAP5 6463000.00000000 PA USD 6325650.26000000 0.192366762083 Long DBT CORP US N 2 2050-07-15 Fixed 1.88000000 N N N N N N Columbia Pipelines Holding Co LLC N/A 19828AAA5 3450000.00000000 PA USD 3498617.33000000 0.106395020255 Long DBT CORP US N 2 2026-08-15 Fixed 6.06000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46647PBT2 19600000.00000000 PA USD 19217377.03000000 0.584411790576 Long DBT CORP US N 2 2026-11-19 Variable 1.05000000 N N N N N N ELP Commercial Mortgage Trust 2021-ELP N/A 26863LAA2 14982560.66000000 PA USD 14907647.86000000 0.453350379999 Long ABS-MBS CORP US N 2 2038-11-15 Floating 5.14000000 N N N N N N MED Commercial Mortgage Trust 2024-MOB N/A 55287BAA1 15000000.00000000 PA USD 14920009.50000000 0.453726304776 Long ABS-MBS CORP US N 2 2041-05-15 Floating 5.91000000 N N N N N N Life 2022-BMR Mortgage Trust N/A 53218DAA6 18400000.00000000 PA USD 17790500.00000000 0.541019616986 Long ABS-MBS CORP US N 2 2039-05-15 Floating 5.62000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YEZ4 10000000.00000000 PA USD 10037897.30000000 0.305258388049 Long DBT CORP US N 2 2027-01-28 Variable 5.05000000 N N N N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 532457CK2 10000000.00000000 PA USD 10162280.00000000 0.309040939451 Long DBT CORP US N 2 2029-02-09 Fixed 4.50000000 N N N N N N JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl N/A 46590XAZ9 7800000.00000000 PA USD 7882781.40000000 0.239720040123 Long DBT CORP LU N 2 2028-02-01 Fixed 5.13000000 N N N N N N Glencore Funding LLC 213800STG1QDNBY87K49 378272AX6 4750000.00000000 PA USD 4697436.64000000 0.142851823826 Long DBT CORP US N 2 2025-09-01 Fixed 1.63000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YFK6 9350000.00000000 PA USD 9522657.10000000 0.289589629124 Long DBT CORP US N 2 2030-01-16 Variable 5.17000000 N N N N N N Navient Private Education Refi Loan Trust 2022-A N/A 63942MAA8 3691534.31000000 PA USD 3313341.05000000 0.100760659105 Long ABS-O CORP US N 2 2070-07-15 Fixed 2.23000000 N N N N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 68389XCY9 9400000.00000000 PA USD 9522271.06000000 0.289577889419 Long DBT CORP US N 2 2028-08-03 Fixed 4.80000000 N N N N N N Bank of Montreal NQQ6HPCNCCU6TUTQYE16 06368MJG0 9400000.00000000 PA USD 9546343.24000000 0.290309938637 Long DBT CORP CA N 2 2029-01-27 Variable 5.00000000 N N N N N N Bunge Ltd Finance Corp 549300QHC068L40NNM71 120568BD1 5500000.00000000 PA USD 5459707.83000000 0.166032941122 Long DBT CORP US N 2 2028-01-07 Fixed 4.10000000 N N N N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141GZK3 8600000.00000000 PA USD 8316719.10000000 0.252916341983 Long DBT CORP US N 2 2028-02-24 Variable 2.64000000 N N N N N N Bank of New York Mellon/The HPFHU0OQ28E4N0NFVK49 06405LAH4 5750000.00000000 PA USD 5831168.78000000 0.177329288099 Long DBT CORP US N 2 2029-04-20 Variable 4.73000000 N N N N N N SBA Tower Trust N/A 78403DAR1 2800000.00000000 PA USD 2618027.72000000 0.079615769895 Long DBT CORP US N 2 2052-07-15 Fixed 2.33000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31402RD55 1476.45000000 PA USD 1485.50000000 0.000045174932 Long ABS-MBS USGA US N 2 2035-02-01 Floating 6.89000000 N N N N N N Truist Financial Corp 549300DRQQI75D2JP341 89788MAD4 5230000.00000000 PA USD 5081963.80000000 0.154545521970 Long DBT CORP US N 2 2027-03-02 Variable 1.27000000 N N N N N N CubeSmart LP 549300MPHKO3I3FJRA97 22966RAC0 3275000.00000000 PA USD 3261614.71000000 0.099187630542 Long DBT CORP US N 2 2025-11-15 Fixed 4.00000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31405DLY1 12113.07000000 PA USD 12241.88000000 0.000372282804 Long ABS-MBS USGA US N 2 2034-07-01 Floating 7.54000000 N N N N N N Tampa Electric Co WS423EPRKJIIJUITXD73 875127BM3 2340000.00000000 PA USD 2378191.21000000 0.072322199913 Long DBT CORP US N 2 2029-03-01 Fixed 4.90000000 N N N N N N Public Service Enterprise Group Inc PUSS41EMO3E6XXNV3U28 744573AP1 14600000.00000000 PA USD 14435181.48000000 0.438982398214 Long DBT CORP US N 2 2025-08-15 Fixed 0.80000000 N N N N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 532457CV8 4300000.00000000 PA USD 4408542.45000000 0.134066380808 Long DBT CORP US N 2 2030-02-12 Fixed 4.75000000 N N N N N N Oracle Corp 1Z4GXXU7ZHVWFCD8TV52 68389XCS2 9300000.00000000 PA USD 9164794.18000000 0.278706806274 Long DBT CORP US N 2 2029-09-27 Fixed 4.20000000 N N N N N N JP Morgan Mortgage Trust Series 2025-CES2 N/A 46595TAC4 12027476.65000000 PA USD 12076345.49000000 0.367248801978 Long ABS-O CORP US N 2 2055-06-25 Variable 5.59000000 N N N N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 172967PF2 8000000.00000000 PA USD 8117651.68000000 0.246862584117 Long DBT CORP US N 2 2030-02-13 Variable 5.17000000 N N N N N N Bank of Nova Scotia/The L3I9ZG2KFGXZ61BMYR72 06418GAL1 9400000.00000000 PA USD 9388701.95000000 0.285515973861 Long DBT CORP CA N 2 2028-09-08 Variable 4.40000000 N N N N N N Sequoia Mortgage Trust 2021-3 N/A 81748VAD0 16793618.03000000 PA USD 15045153.85000000 0.457532018404 Long ABS-MBS CORP US N 2 2051-05-25 Variable 2.50000000 N N N N N N Consumer Portfolio Services Auto Trust 2025-A N/A 12633SAA6 7845441.19000000 PA USD 7843281.34000000 0.238518819959 Long ABS-O CORP US N 2 2028-10-16 Fixed 4.77000000 N N N N N N Commonbond Student Loan Trust 2019-A-GS N/A 20268CAA6 4281601.49000000 PA USD 3909945.21000000 0.118903744130 Long ABS-O CORP US N 2 2047-01-25 Fixed 2.54000000 N N N N N N RTX Corp I07WOS4YJ0N7YRFE7309 75513ECT6 8075000.00000000 PA USD 8229664.35000000 0.250268955597 Long DBT CORP US N 2 2026-11-08 Fixed 5.75000000 N N N N N N Dewolf Park CLO Ltd N/A 25211AAE9 5701267.81000000 PA USD 5697579.09000000 0.173266746691 Long ABS-O CORP KY N 2 2030-10-15 Floating 5.44000000 N N N N N N Charter Communications Operating LLC / Charter Communications Operating Capital N/A 161175AY0 2236000.00000000 PA USD 2233038.75000000 0.067908027837 Long DBT CORP US N 2 2025-07-23 Fixed 4.91000000 N N N N N N 720 East CLO V Ltd N/A 81789MAA6 5500000.00000000 PA USD 5501226.50000000 0.167295548409 Long ABS-O CORP KY N 2 2037-07-20 Floating 5.80000000 N N N N N N AS Mileage Plan IP Ltd N/A 00218QAA8 10600000.00000000 PA USD 10280334.74000000 0.312631053850 Long DBT CORP KY N 2 2029-10-20 Fixed 5.02000000 N N N N N N Nelnet Student Loan Trust 2021-A N/A 64035DAB2 13969317.39000000 PA USD 13015954.78000000 0.395822875679 Long ABS-O CORP US N 2 2062-04-20 Fixed 1.36000000 N N N N N N Signal Peak CLO 11 Ltd N/A 82666XAA8 6250000.00000000 PA USD 6245162.50000000 0.189919081743 Long ABS-O CORP KY N 2 2037-07-18 Floating 5.72000000 N N N N N N CHL Mortgage Pass-Through Trust 2003-46 N/A 12669EG67 107008.76000000 PA USD 101212.47000000 0.003077931016 Long ABS-MBS CORP US N 2 2034-01-19 Variable 6.54000000 N N N N N N SMB Private Education Loan Trust 2021-A N/A 78448YAJ0 5419089.45000000 PA USD 4871590.17000000 0.148147935577 Long ABS-O CORP US N 2 2053-01-15 Fixed 1.07000000 N N N N N N WB Commercial Mortgage Trust 2024-HQ N/A 92943PAA9 10000000.00000000 PA USD 10044877.00000000 0.305470644850 Long ABS-MBS CORP US N 2 2040-03-15 Variable 6.13000000 N N N N N N Markel Group Inc 549300SCNO12JLWIK605 570535AR5 4719000.00000000 PA USD 4630240.66000000 0.140808354370 Long DBT CORP US N 2 2027-11-01 Fixed 3.50000000 N N N N N N Santander Drive Auto Receivables Trust 2024-5 N/A 802920AC2 4279293.92000000 PA USD 4278484.28000000 0.130111235010 Long ABS-O CORP US N 2 2027-09-15 Fixed 4.88000000 N N N N N N SLM Private Credit Student Loan Trust 2004-A 54930054KUX5HFXZUQ43 78443CBH6 184791.77000000 PA USD 184004.96000000 0.005595699557 Long ABS-O CORP US N 2 2033-06-15 Floating 4.96000000 N N N N N N SREIT Trust 2021-MFP N/A 78472UAA6 10988823.73000000 PA USD 10940747.63000000 0.332714600057 Long ABS-MBS CORP US N 2 2038-11-15 Floating 5.17000000 N N N N N N Navient Private Education Refi Loan Trust 2021-F N/A 63942GAA1 3994818.26000000 PA USD 3556122.90000000 0.108143798617 Long ABS-O CORP US N 2 2070-02-18 Fixed 1.11000000 N N N N N N Barclays PLC 213800LBQA1Y9L22JB70 06738EBU8 7308000.00000000 PA USD 7040641.64000000 0.214110072421 Long DBT CORP GB N 2 2027-11-24 Variable 2.28000000 N N N N N N Canadian Imperial Bank of Commerce 2IGI19DL77OX0HC3ZE78 13607LWV1 3440000.00000000 PA USD 3608386.83000000 0.109733175610 Long DBT CORP CA N 2 2028-10-03 Fixed 5.99000000 N N N N N N Cerberus Loan Funding XXIV LP 549300CQR4WB8C9KUS83 15672RAN5 9500000.00000000 PA USD 9500000.00000000 0.288900613325 Long ABS-O CORP KY N 2 2030-07-15 Floating 5.61000000 N N N N N N T-Mobile US Trust 2022-1 N/A 87267WAA2 2771008.66000000 PA USD 2772398.88000000 0.084310288085 Long ABS-O CORP US N 2 2028-05-22 Fixed 4.91000000 N N N N N N Bunge Ltd Finance Corp 549300QHC068L40NNM71 120568BB5 4200000.00000000 PA USD 4160834.83000000 0.126533445719 Long DBT CORP US N 2 2025-08-17 Fixed 1.63000000 N N N N N N Cisco Systems Inc 549300LKFJ962MZ46593 17275RBX9 9400000.00000000 PA USD 9623564.05000000 0.292658269097 Long DBT CORP US N 2 2030-02-24 Fixed 4.75000000 N N N N N N NextEra Energy Capital Holdings Inc UMI46YPGBLUE4VGNNT48 65339KCM0 3458000.00000000 PA USD 3505707.23000000 0.106610628303 Long DBT CORP US N 2 2028-02-28 Fixed 4.90000000 N N N N N N BX Commercial Mortgage Trust 2021-SOAR N/A 05608WAA2 10696201.28000000 PA USD 10652747.96000000 0.323956359920 Long ABS-MBS CORP US N 2 2038-06-15 Floating 5.11000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31383TDX3 1156.36000000 PA USD 1158.75000000 0.000035238272 Long ABS-MBS USGA US N 2 2029-10-01 Fixed 7.50000000 N N N N N N JP Morgan Mortgage Trust Series 2024-CES1 N/A 46658CAA9 9612914.28000000 PA USD 9644516.74000000 0.293295452780 Long ABS-MBS CORP US N 2 2054-06-25 Variable 5.92000000 N N N N N N Freddie Mac Non Gold Pool S6XOOCT0IEG5ABCC6L87 3128Q2G80 12698.27000000 PA USD 13132.08000000 0.000399354312 Long ABS-MBS USGA US N 2 2035-09-01 Floating 6.92000000 N N N N N N Graphic Packaging International LLC SO75N4VY5NXGQSK8YQ65 38869PAP9 9800000.00000000 PA USD 9465630.37000000 0.287855412569 Long DBT CORP US N 2 2026-04-15 Fixed 1.51000000 N N N N N N AES Corp/The 2NUNNB7D43COUIRE5295 00130HCE3 14600000.00000000 PA USD 14236834.20000000 0.432950540230 Long DBT CORP US N 2 2026-01-15 Fixed 1.38000000 N N N N N N Wells Fargo Mortgage Backed Securities 2020-3 Trust N/A 95002TAC8 226929.89000000 PA USD 223500.80000000 0.006796791389 Long ABS-MBS CORP US N 2 2050-06-25 Variable 3.00000000 N N N N N N Georgia-Pacific LLC L2EVHWFHVAQK72TMH265 37331NAJ0 10000000.00000000 PA USD 9878019.50000000 0.300396409683 Long DBT CORP US N 2 2025-09-30 Fixed 1.75000000 N N N N N N Sequoia Mortgage Trust 2024-1 N/A 81749GAK6 2700705.52000000 PA USD 2701328.03000000 0.082148981543 Long ABS-MBS CORP US N 2 2054-01-25 Variable 5.99000000 N N N N N N BAE Systems PLC 8SVCSVKSGDWMW2QHOH83 05523RAJ6 8600000.00000000 PA USD 8780782.58000000 0.267028786614 Long DBT CORP GB N 2 2029-03-26 Fixed 5.13000000 N N N N N N SLM Private Credit Student Loan Trust 2006-B 549300MJYMBTZU2FTV38 78443CCY8 5181870.15000000 PA USD 5029030.37000000 0.152935785086 Long ABS-O CORP US N 2 2039-12-15 Floating 4.76000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46647PAX4 6650000.00000000 PA USD 6641691.89000000 0.201977774793 Long DBT CORP US N 2 2029-12-05 Variable 4.45000000 N N N N N N Sequoia Mortgage Trust 2025-1 N/A 81743EAK7 3194690.19000000 PA USD 3220610.31000000 0.097940662509 Long ABS-MBS CORP US N 2 2055-01-25 Variable 6.00000000 N N N N N N BX Commercial Mortgage Trust 2024-AIRC N/A 12433CAA3 16502231.89000000 PA USD 16502231.89000000 0.501842622553 Long ABS-MBS CORP US N 2 2039-08-15 Floating 6.01000000 N N N N N N Commonbond Student Loan Trust 2021-B-GS N/A 20268AAA0 2633387.48000000 PA USD 2308542.81000000 0.070204150915 Long ABS-O CORP US N 2 2051-09-25 Fixed 1.17000000 N N N N N N eBay Inc OML71K8X303XQONU6T67 278642AX1 13530000.00000000 PA USD 13105653.06000000 0.398550653375 Long DBT CORP US N 2 2026-05-10 Fixed 1.40000000 N N N N N N DLLAA 2023-1 LLC N/A 23292HAB7 1280979.71000000 PA USD 1283257.29000000 0.039024612435 Long ABS-O CORP US N 2 2026-07-20 Fixed 5.93000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 29273VAP5 10000000.00000000 PA USD 10248673.20000000 0.311668207710 Long DBT CORP US N 2 2028-02-15 Fixed 5.55000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61748UAE2 7500000.00000000 PA USD 7646912.70000000 0.232547133587 Long DBT CORP US N 2 2031-01-15 Variable 5.23000000 N N N N N N World Omni Select Auto Trust 2024-A N/A 98164LAB5 8009506.10000000 PA USD 8029264.75000000 0.244174685350 Long ABS-O CORP US N 2 2028-02-15 Fixed 5.37000000 N N N N N N NiSource Inc 549300D8GOWWH0SJB189 65473PAK1 14600000.00000000 PA USD 14447675.13000000 0.439362337493 Long DBT CORP US N 2 2025-08-15 Fixed 0.95000000 N N N N N N Westlake Automobile Receivables Trust 2024-2 N/A 96042YAB9 5057612.12000000 PA USD 5071202.94000000 0.154218277859 Long ABS-O CORP US N 2 2027-08-16 Fixed 5.75000000 N N N N N N Canadian Natural Resources Ltd 549300T15RIMIKZC5Q38 136385BB6 4800000.00000000 PA USD 4784305.82000000 0.145493566919 Long DBT CORP CA N 2 2029-12-15 Fixed 5.00000000 N N N N N N PFS Financing Corp N/A 69335PFU4 12550000.00000000 PA USD 12695637.73000000 0.386081844921 Long ABS-O CORP US N 2 2030-02-15 Fixed 4.85000000 N N N N N N Madison Park Funding XVIII Ltd N/A 55819BAW0 8827680.92000000 PA USD 8824529.44000000 0.268359154476 Long ABS-O CORP KY N 2 2030-10-21 Floating 5.47000000 N N N N N N Dell International LLC / EMC Corp 254900ZARLSVK41DKO78 24703TAL0 4000000.00000000 PA USD 4032359.52000000 0.122626435629 Long DBT CORP US N 2 2028-04-01 Fixed 4.75000000 N N N N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 316773DM9 3400000.00000000 PA USD 3391411.19000000 0.103134818192 Long DBT CORP US N 2 2030-09-06 Variable 4.89000000 N N N N N N Xcel Energy Inc LGJNMI9GH8XIDG5RCM61 98388MAB3 7000000.00000000 PA USD 6653473.75000000 0.202336068117 Long DBT CORP US N 2 2027-03-15 Fixed 1.75000000 N N N N N N Dell Equipment Finance Trust 2024-1 N/A 24702GAC9 4240338.93000000 PA USD 4250465.71000000 0.129259173740 Long ABS-O CORP US N 2 2030-03-22 Fixed 5.58000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61772BAB9 10750000.00000000 PA USD 10437477.94000000 0.317409871414 Long DBT CORP US N 2 2027-05-04 Variable 1.59000000 N N N N N N Schlumberger Holdings Corp 529900IKZG65COT1D505 806851AL5 6400000.00000000 PA USD 6486006.91000000 0.197243302561 Long DBT CORP US N 2 2027-05-29 Fixed 5.00000000 N N N N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 682680CB7 11700000.00000000 PA USD 11633146.90000000 0.353770870980 Long DBT CORP US N 2 2027-09-24 Fixed 4.25000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46647PEU6 6000000.00000000 PA USD 6084916.44000000 0.185045904373 Long DBT CORP US N 2 2029-01-24 Variable 4.92000000 N N N N N N HCA Inc L3CJ6J7LJ2DX62FTXD46 404119BT5 20000000.00000000 PA USD 20055575.80000000 0.609901910443 Long DBT CORP US N 2 2026-06-15 Fixed 5.25000000 N N N N N N BMW Vehicle Owner Trust 2024-A N/A 096919AB1 2807099.58000000 PA USD 2813854.30000000 0.085570971903 Long ABS-O CORP US N 2 2027-02-25 Fixed 5.42000000 N N N N N N United States Treasury Note/Bond 254900HROIFWPRGM1V77 91282CHM6 72200000.00000000 PA USD 72769702.76000000 2.212969658829 Long DBT UST US N 2 2026-07-15 Fixed 4.50000000 N N N N N N Navient Private Education Refi Loan Trust 2020-G N/A 63941UAA1 2227752.26000000 PA USD 2069732.67000000 0.062941793450 Long ABS-O CORP US N 2 2069-09-16 Fixed 1.17000000 N N N N N N Astrazeneca Finance LLC 549300C3HATU4Q460S18 04636NAL7 9400000.00000000 PA USD 9608822.88000000 0.292209981407 Long DBT CORP US N 2 2029-02-26 Fixed 4.85000000 N N N N N N BFLD Commercial Mortgage Trust 2024-UNIV N/A 08861RAA9 8900000.00000000 PA USD 8897218.75000000 0.270569679343 Long ABS-MBS CORP US N 2 2041-11-15 Floating 5.81000000 N N N N N N AMMC CLO 15 Ltd 549300D0GYBG49KJD582 00175MBN9 689310.57000000 PA USD 689149.96000000 0.020957457486 Long ABS-O CORP KY N 2 2032-01-15 Floating 5.64000000 N N N N N N Oceanview Mortgage Trust 2021-3 N/A 67647VAD1 10020137.94000000 PA USD 8974231.93000000 0.272911695652 Long ABS-MBS CORP US N 2 2051-06-25 Variable 2.50000000 N N N N N N Wells Fargo Mortgage Backed Securities 2020-4 Trust N/A 95002VAA7 4394745.84000000 PA USD 3735536.16000000 0.113599861865 Long ABS-MBS CORP US N 2 2050-07-25 Variable 3.00000000 N N N N N N Deutsche Bank AG/New York NY 7LTWFZYICNSX8D621K86 251526CW7 6100000.00000000 PA USD 6284605.76000000 0.191118574586 Long DBT CORP DE N 2 2029-05-10 Fixed 5.41000000 N N N N N N LBA Trust 2024-BOLT N/A 50177BAA5 12750000.00000000 PA USD 12750000.00000000 0.387735033673 Long ABS-MBS CORP US N 2 2039-06-15 Floating 5.91000000 N N N N N N Northwestern Mutual Global Funding 635400LZXFVELZDVP257 66815L2R9 9500000.00000000 PA USD 9644784.94000000 0.293303608900 Long DBT CORP US N 2 2027-03-25 Fixed 5.07000000 N N N N N N UBS Group AG 549300SZJ9VS8SGXAN81 225401AF5 15000000.00000000 PA USD 14702114.85000000 0.447099999720 Long DBT CORP CH N 2 2029-01-12 Variable 3.87000000 N N N N N N Hewlett Packard Enterprise Co 549300BX44RGX6ANDV88 42824CBS7 14500000.00000000 PA USD 14491163.70000000 0.440684850603 Long DBT CORP US N 2 2027-09-25 Fixed 4.40000000 N N N N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 17327CAM5 19600000.00000000 PA USD 19098024.40000000 0.580782206575 Long DBT CORP US N 2 2027-01-28 Variable 1.12000000 N N N N N N Sequoia Mortgage Trust 2024-4 N/A 81743BAD9 9071537.43000000 PA USD 9150194.01000000 0.278262806477 Long ABS-MBS CORP US N 2 2054-05-25 Variable 6.00000000 N N N N N N BX Trust 2025-DIME N/A 05613UAA9 9400000.00000000 PA USD 9232562.50000000 0.280767680928 Long ABS-MBS CORP US N 2 2035-02-15 Floating 5.47000000 N N N N N N Verizon Master Trust 5493007MUBNP1GFMEB89 92348KBG7 16000000.00000000 PA USD 15966382.40000000 0.485547122942 Long ABS-O CORP US N 2 2029-01-22 Fixed 4.49000000 N N N N N N Morgan Stanley Bank NA G1MLHIS0N32I3QPILB75 61690DK72 10500000.00000000 PA USD 10658148.80000000 0.324120602656 Long DBT CORP US N 2 2029-01-12 Variable 5.02000000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 06051GJK6 9600000.00000000 PA USD 9444039.94000000 0.287198834835 Long DBT CORP US N 2 2026-10-24 Variable 1.20000000 N N N N N N Wisconsin Public Service Corp 549300BJRHJVYNUMQZ30 976843BQ4 5500000.00000000 PA USD 5557336.29000000 0.169001880277 Long DBT CORP US N 2 2029-12-01 Fixed 4.55000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46647PBW5 15800000.00000000 PA USD 15392832.74000000 0.468105138884 Long DBT CORP US N 2 2027-02-04 Variable 1.04000000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 06051GML0 9400000.00000000 PA USD 9575172.38000000 0.291186649818 Long DBT CORP US N 2 2031-01-24 Variable 5.16000000 N N N N N N Diamondback Energy Inc 549300R22LSX6OHWEN64 25278XAX7 8150000.00000000 PA USD 8264576.69000000 0.251330660485 Long DBT CORP US N 2 2027-04-18 Fixed 5.20000000 N N N N N N EDvestinU Private Education Loan Issue No 3 LLC N/A 28166LAA2 5686539.97000000 PA USD 5236264.95000000 0.159237911114 Long ABS-O CORP US N 2 2045-11-25 Fixed 1.80000000 N N N N N N Energy Transfer LP MTLVN9N7JE8MIBIJ1H73 292480AK6 5250000.00000000 PA USD 5237075.55000000 0.159262561939 Long DBT CORP US N 2 2027-03-15 Fixed 4.40000000 N N N N N N Maranon Loan Funding 2021-3 Ltd N/A 56577NAS3 6300000.00000000 PA USD 6296642.10000000 0.191484606798 Long ABS-O CORP KY N 2 2036-10-15 Floating 6.01000000 N N N N N N New Mountain CLO 7 Ltd N/A 64754YAA7 9500000.00000000 PA USD 9428227.50000000 0.286717969191 Long ABS-O CORP KY N 2 2038-03-31 Floating 5.48000000 N N N N N N Morgan Stanley Residential Mortgage Loan Trust 2020-1 N/A 61771QBE0 4091017.49000000 PA USD 3724176.36000000 0.113254403635 Long ABS-MBS CORP US N 2 2050-12-25 Variable 2.50000000 N N N N N N BX Commercial Mortgage Trust 2024-GPA3 N/A 123910AA9 1781656.60000000 PA USD 1774975.39000000 0.053978050400 Long ABS-MBS CORP US N 2 2039-12-15 Floating 5.61000000 N N N N N N Public Service Enterprise Group Inc PUSS41EMO3E6XXNV3U28 744573BA3 4100000.00000000 PA USD 4138996.08000000 0.125869316427 Long DBT CORP US N 2 2030-03-15 Fixed 4.90000000 N N N N N Ryder System Inc ZXJ6Y2OSPZXIVGRILD15 78355HKS7 11000000.00000000 PA USD 10593586.63000000 0.322157228918 Long DBT CORP US N 2 2026-09-01 Fixed 1.75000000 N N N N N N SMB Private Education Loan Trust 2021-B N/A 78449YAA8 8516425.25000000 PA USD 7952436.91000000 0.241838305340 Long ABS-O CORP US N 2 2051-07-17 Fixed 1.31000000 N N N N N N PHH Mortgage Trust Series 2008-CIM1 N/A 69337LAG7 421798.43000000 PA USD 369145.84000000 0.011225943113 Long ABS-MBS CORP US N 2 2038-06-25 Floating 6.69000000 N N N N N N Toyota Auto Loan Extended Note Trust 2023-1 5493000KI9FC40RVHF71 89231WAA1 7600000.00000000 PA USD 7753912.92000000 0.235801073501 Long ABS-O CORP US N 2 2036-06-25 Fixed 4.93000000 N N N N N N United States Treasury Note/Bond 254900HROIFWPRGM1V77 91282CEV9 109850000.00000100 PA USD 108073518.98000100 3.286579570270 Long DBT UST US N 2 2029-06-30 Fixed 3.25000000 N N N N N N Toyota Auto Loan Extended Note Trust 2020-1 549300XP7ILZSI1BWP36 89237JAA4 6100000.00000000 PA USD 6085516.77000000 0.185064160763 Long ABS-O CORP US N 2 2033-05-25 Fixed 1.35000000 N N N N N N Ares LIV CLO Ltd N/A 04017WAL6 3150259.86000000 PA USD 3148495.71000000 0.095747614912 Long ABS-O CORP KY N 2 2032-10-15 Floating 5.53000000 N N N N N N JP Morgan Mortgage Trust 2021-1 N/A 46592EAF3 10259671.14000000 PA USD 9408420.07000000 0.286115613541 Long ABS-MBS CORP US N 2 2051-06-25 Variable 2.50000000 N N N N N N Fifth Third Bank NA QFROUN1UWUYU0DVIWD51 31677QBU2 2800000.00000000 PA USD 2816811.14000000 0.085660891154 Long DBT CORP US N 2 2028-01-28 Variable 4.97000000 N N N N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141GC36 12500000.00000000 PA USD 12713022.88000000 0.386610537605 Long DBT CORP US N 2 2031-01-28 Variable 5.21000000 N N N N N N Bank of Ireland Group PLC 635400C8EK6DRI12LJ39 06279JAD1 14100000.00000000 PA USD 14436214.50000000 0.439013812963 Long DBT CORP IE N 2 2030-03-20 Variable 5.60000000 N N N N N N Enbridge Inc 98TPTUM4IVMFCZBCUR27 29250NBW4 11275000.00000000 PA USD 11489600.91000000 0.349405552606 Long DBT CORP CA N 2 2026-11-15 Fixed 5.90000000 N N N N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 031162DP2 9100000.00000000 PA USD 9301555.63000000 0.282865802777 Long DBT CORP US N 2 2028-03-02 Fixed 5.15000000 N N N N N N PRM5 Trust 2025-PRM5 N/A 693980AA2 5000000.00000000 PA USD 4964374.50000000 0.150969561876 Long ABS-MBS CORP US N 2 2033-03-10 Variable 4.62000000 N N N N N N GS Mortgage-Backed Securities Corp Trust 2021-PJ3 N/A 36262AAF1 3122556.43000000 PA USD 2802521.87000000 0.085226346010 Long ABS-MBS CORP US N 2 2051-08-25 Variable 2.50000000 N N N N N N Voya 2012-4 Ltd N/A 92916GBE3 2259804.33000000 PA USD 2257508.37000000 0.068652163440 Long ABS-O CORP KY N 2 2030-10-15 Floating 5.52000000 N N N N N N Take-Two Interactive Software Inc BOMSTHHJK882EWYX3334 874054AM1 7400000.00000000 PA USD 7613261.93000000 0.231523793787 Long DBT CORP US N 2 2029-06-12 Fixed 5.40000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31404XEH3 6373.38000000 PA USD 6472.39000000 0.000196829204 Long ABS-MBS USGA US N 2 2034-08-01 Floating 7.37000000 N N N N N N Micron Technology Inc B3DXGBC8GAIYWI2Z0172 595112BV4 9100000.00000000 PA USD 9730074.81000000 0.295897324243 Long DBT CORP US N 2 2029-11-01 Fixed 6.75000000 N N N N N N Royal Bank of Canada ES7IP3U3RHIGC71XBU11 78016EZM2 14700000.00000000 PA USD 14351879.89000000 0.436449147641 Long DBT CORP CA N 2 2026-01-20 Fixed 0.88000000 N N N N N Kinder Morgan Inc 549300WR7IX8XE0TBO16 494553AD2 10000000.00000000 PA USD 10102557.10000000 0.307224730773 Long DBT CORP US N 2 2029-02-01 Fixed 5.00000000 N N N N N N J.P. Morgan Mortgage Trust 2023-8 N/A 46657CAD4 6749245.00000000 PA USD 6804642.80000000 0.206933208250 Long ABS-MBS CORP US N 2 2054-02-25 Variable 6.00000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31391TU55 6235.07000000 PA USD 6349.36000000 0.000193087789 Long ABS-MBS USGA US N 2 2032-12-01 Floating 6.52000000 N N N N N N New York Life Global Funding 635400DPNHEAUHB7ZI15 64952WFK4 4800000.00000000 PA USD 4855419.94000000 0.147656189328 Long DBT CORP US N 2 2029-12-05 Fixed 4.60000000 N N N N N N Bardot CLO Ltd 549300KP12IHV6MTDK86 06744NBQ9 11876438.63000000 PA USD 11834027.87000000 0.359879779974 Long ABS-O CORP KY N 2 2032-10-22 Floating 5.25000000 N N N N N N OGE Energy Corp CE5OG6JPOZMDSA0LAQ19 670837AD5 10000000.00000000 PA USD 10314555.00000000 0.313671712176 Long DBT CORP US N 2 2029-05-15 Fixed 5.45000000 N N N N N N Crown Castle Towers LLC N/A 22822RBD1 5187000.00000000 PA USD 5184272.16000000 0.157656779649 Long DBT CORP US N 2 2045-05-15 Fixed 3.66000000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 06051GJD2 19400000.00000000 PA USD 19309136.80000000 0.587202259400 Long DBT CORP US N 2 2026-06-19 Variable 1.32000000 N N N N N N BlackRock Liquidity FedFund - Institutional Class 549300T8K043VZEOVK74 09248U700 780561.39000000 NS USD 780561.39000000 0.023737333085 Long STIV RF US N 1 N N CNH Equipment Trust 2024-B N/A 18978JAB4 3321706.79000000 PA USD 3329136.78000000 0.101241016588 Long ABS-O CORP US N 2 2027-10-15 Fixed 5.42000000 N N N N N N Williams Cos Inc/The D71FAKCBLFS2O0RBPG08 969457CH1 7000000.00000000 PA USD 7038078.95000000 0.214032139504 Long DBT CORP US N 2 2026-03-02 Fixed 5.40000000 N N N N N N Navient Private Education Refi Loan Trust 2021-A N/A 63942BAA2 3011465.44000000 PA USD 2750761.97000000 0.083652296867 Long ABS-O CORP US N 2 2069-05-15 Fixed 0.84000000 N N N N N N PSMC 2021-3 Trust N/A 69376DAC6 9290187.03000000 PA USD 8302851.96000000 0.252494634062 Long ABS-MBS CORP US N 2 2051-08-25 Variable 2.50000000 N N N N N N Societe Generale SA O2RNE8IBXP4R0TD8PU41 83368RCC4 12500000.00000000 PA USD 12693406.13000000 0.386013980647 Long DBT CORP FR N 2 2029-04-13 Variable 5.50000000 N N N N N N PFS Financing Corp N/A 69335PFE0 13350000.00000000 PA USD 13477388.37000000 0.409855343802 Long ABS-O CORP US N 2 2029-02-15 Fixed 4.95000000 N N N N N N Guardian Life Global Funding 635400NHILJ5JEKILC36 40139LBC6 8647000.00000000 PA USD 8459393.74000000 0.257255162089 Long DBT CORP US N 2 2025-12-10 Fixed 0.88000000 N N N N N N CPS Auto Receivables Trust 2024-B N/A 12627SAA4 4876796.60000000 PA USD 4887006.17000000 0.148616745246 Long ABS-O CORP US N 2 2028-01-18 Fixed 5.78000000 N N N N N N Toyota Auto Receivables 2024-D Owner Trust N/A 89239TAB8 5246215.21000000 PA USD 5246090.35000000 0.159536707334 Long ABS-O CORP US N 2 2027-08-16 Fixed 4.55000000 N N N N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141GC93 12500000.00000000 PA USD 12730614.13000000 0.387145497912 Long DBT CORP US N 2 2031-04-23 Variable 5.22000000 N N N N N N Public Storage Operating Co 549300LMZF40TKJ6DM64 74464AAA9 9550000.00000000 PA USD 9495694.98000000 0.288769695123 Long DBT CORP US N 2 2027-04-16 Floating 5.07000000 N N N N N N KRE Commercial Mortgage Trust 2025-AIP4 N/A 50077KAA6 12600000.00000000 PA USD 12501767.88000000 0.380186148230 Long ABS-MBS CORP US N 2 2042-03-15 Floating 5.62000000 N N N N N N DTE Energy Co 549300IX8SD6XXD71I78 233331BC0 2000000.00000000 PA USD 1903235.90000000 0.057878528296 Long DBT CORP US N 2 2029-06-15 Fixed 3.40000000 N N N N N N Westlake Automobile Receivables Trust 2024-1 N/A 96043RAB3 2934958.14000000 PA USD 2938146.09000000 0.089350758677 Long ABS-O CORP US N 2 2027-03-15 Fixed 5.62000000 N N N N N N American Tower Corp 5493006ORUSIL88JOE18 03027XCL2 3800000.00000000 PA USD 3860341.57000000 0.117395268128 Long DBT CORP US N 2 2030-01-31 Fixed 5.00000000 N N N N N N HCA Inc L3CJ6J7LJ2DX62FTXD46 404119BW8 3000000.00000000 PA USD 3098226.84000000 0.094218908873 Long DBT CORP US N 2 2029-02-01 Fixed 5.88000000 N N N N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141GZU1 10500000.00000000 PA USD 10505729.85000000 0.319485452326 Long DBT CORP US N 2 2028-08-23 Variable 4.48000000 N N N N N N Swedbank AB M312WZV08Y7LYUC71685 870195AC8 8500000.00000000 PA USD 8672874.79000000 0.263747246960 Long DBT CORP SE N 2 2029-11-20 Fixed 5.00000000 N N N N N N Palmer Square Loan Funding 2022-1 Ltd N/A 69701CAA8 1810009.97000000 PA USD 1806954.67000000 0.054950559201 Long ABS-O CORP KY N 2 2030-04-15 Floating 5.31000000 N N N N N N JP Morgan Mortgage Trust Series 2024-HE3 N/A 46658JAA4 12815040.19000000 PA USD 12814979.96000000 0.389711112652 Long ABS-O CORP US N 2 2055-02-25 Floating 5.55000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46647PEP7 8400000.00000000 PA USD 8423742.52000000 0.256170987423 Long DBT CORP US N 2 2028-10-22 Variable 4.51000000 N N N N N N Mars Inc 54930073HKEO6GZBSS03 571676AY1 9400000.00000000 PA USD 9514745.24000000 0.289349024786 Long DBT CORP US N 2 2030-03-01 Fixed 4.80000000 N N N N N N Lake Shore MM CLO II Ltd 5493004NSSTVWDFT9W29 510760AL5 10168769.02000000 PA USD 10154064.98000000 0.308791115838 Long ABS-O CORP KY N 2 2031-10-17 Floating 5.68000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31391KNS2 3257.86000000 PA USD 3349.51000000 0.000101860578 Long ABS-MBS USGA US N 2 2032-11-01 Floating 6.41000000 N N N N N N Toronto-Dominion Bank/The PT3QB789TSUIDF371261 89114QCP1 14700000.00000000 PA USD 14342694.16000000 0.436169804164 Long DBT CORP CA N 2 2026-01-06 Fixed 0.75000000 N N N N N N Public Service Enterprise Group Inc PUSS41EMO3E6XXNV3U28 744573AY2 10000000.00000000 PA USD 10248304.90000000 0.311657007490 Long DBT CORP US N 2 2029-04-01 Fixed 5.20000000 N N N N N N Northwestern Mutual Global Funding 635400LZXFVELZDVP257 66815L2U2 12200000.00000000 PA USD 12467853.93000000 0.379154804971 Long DBT CORP US N 2 2030-01-13 Fixed 4.96000000 N N N N N N Sequoia Mortgage Trust 2020-4 N/A 81748RAE7 6195256.64000000 PA USD 5751557.94000000 0.174908275415 Long ABS-MBS CORP US N 2 2050-11-25 Variable 2.50000000 N N N N N N PacifiCorp SGY07Y7FNYBNLM6Z1M11 695114DB1 9050000.00000000 PA USD 9230536.01000000 0.280706054169 Long DBT CORP US N 2 2029-02-15 Fixed 5.10000000 N N N N N N Crown Castle Inc 54930012H97VSM0I2R19 22822VAS0 8750000.00000000 PA USD 8687023.01000000 0.264177502690 Long DBT CORP US N 2 2025-07-15 Fixed 1.35000000 N N N N N N MHP 2022-MHIL N/A 55293DAA9 7483780.79000000 PA USD 7437007.16000000 0.226163782087 Long ABS-MBS CORP US N 2 2039-01-15 Floating 5.14000000 N N N N N N Canadian Imperial Bank of Commerce 2IGI19DL77OX0HC3ZE78 13607LWT6 6900000.00000000 PA USD 7044141.14000000 0.214216494283 Long DBT CORP CA N 2 2026-10-02 Fixed 5.93000000 N N N N N N Bunge Ltd Finance Corp 549300QHC068L40NNM71 120568BE9 11000000.00000000 PA USD 10861340.82000000 0.330299792045 Long DBT CORP US N 2 2029-09-17 Fixed 4.20000000 N N N N N N Alliant Energy Finance LLC 54930033ER6EOI5DL570 01882YAC0 4600000.00000000 PA USD 4446401.40000000 0.135217693847 Long DBT CORP US N 2 2026-03-15 Fixed 1.40000000 N N N N N N BX Commercial Mortgage Trust 2021-ACNT N/A 05609QAA4 9430283.29000000 PA USD 9394919.73000000 0.285705060225 Long ABS-MBS CORP US N 2 2038-11-15 Floating 5.29000000 N N N N N N PFS Financing Corp N/A 69335PEY7 4500000.00000000 PA USD 4568136.75000000 0.138919737771 Long ABS-O CORP US N 2 2028-10-15 Fixed 5.52000000 N N N N N N Wells Fargo Mortgage Backed Securities 2020-5 Trust N/A 95003BAC6 4088159.20000000 PA USD 3780968.38000000 0.114981482520 Long ABS-MBS CORP US N 2 2050-09-25 Variable 2.50000000 N N N N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 95000U3P6 4250000.00000000 PA USD 4338133.91000000 0.131925215503 Long DBT CORP US N 2 2031-01-24 Variable 5.24000000 N N N N N N United States Treasury Note/Bond 254900HROIFWPRGM1V77 91282CJT9 26600000.00000000 PA USD 26745468.75000000 0.813345507952 Long DBT UST US N 2 2027-01-15 Fixed 4.00000000 N N N N N N SMB Private Education Loan Trust 2021-E N/A 78450MAA0 8288717.76000000 PA USD 7669761.91000000 0.233241991564 Long ABS-O CORP US N 2 2051-02-15 Fixed 1.68000000 N N N N N N SLM Private Credit Student Loan Trust 2006-A 549300I2YWZ9E1B0EY33 78443CCL6 9006509.83000000 PA USD 8734894.21000000 0.265633294168 Long ABS-O CORP US N 2 2039-06-15 Floating 4.85000000 N N N N N N Exelon Corp 3SOUA6IRML7435B56G12 30161NBM2 6330000.00000000 PA USD 6471398.72000000 0.196799058871 Long DBT CORP US N 2 2029-03-15 Fixed 5.15000000 N N N N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46647PEE2 6200000.00000000 PA USD 6340504.65000000 0.192818492860 Long DBT CORP US N 2 2028-04-22 Variable 5.57000000 N N N N N N Navient Private Education Refi Loan Trust 2020-F N/A 63941XAA5 2039356.44000000 PA USD 1909697.62000000 0.058075033019 Long ABS-O CORP US N 2 2069-07-15 Fixed 1.22000000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 06051GMK2 9400000.00000000 PA USD 9524712.15000000 0.289652124408 Long DBT CORP US N 2 2029-01-24 Variable 4.98000000 N N N N N N N/A N/A N/A 846.00000000 NC USD 1923974.38000000 0.058509197726 N/A DIR N/A N 1 CBT N/A Long N/A US 5 Year Note; June 2025 2025-06-30 92379234.80000000 USD 1923974.38000000 N N N Commonbond Student Loan Trust 2018-C-GS 549300O1CSZVJJTIR319 20267XAA1 2307618.97000000 PA USD 2237689.58000000 0.068049462325 Long ABS-O CORP US N 2 2046-02-25 Fixed 3.87000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31374F5S4 367.72000000 PA USD 368.79000000 0.000011215121 Long ABS-MBS USGA US N 2 2035-11-01 Floating 5.53000000 N N N N N N Occidental Petroleum Corp IM7X0T3ECJW4C1T7ON55 674599EJ0 9500000.00000000 PA USD 9359565.30000000 0.284629911118 Long DBT CORP US N 2 2029-08-01 Fixed 5.20000000 N N N N N N Northwestern Mutual Global Funding 635400LZXFVELZDVP257 66815L2A6 14500000.00000000 PA USD 14151764.52000000 0.430363520996 Long DBT CORP US N 2 2026-01-14 Fixed 0.80000000 N N N N N N Navient Private Education Refi Loan Trust 2020-D N/A 63941HAA0 3082434.39000000 PA USD 2911007.58000000 0.088525460553 Long ABS-O CORP US N 2 2069-05-15 Fixed 1.69000000 N N N N N N GM Financial Consumer Automobile Receivables Trust 2023-4 N/A 379930AB6 1413851.25000000 PA USD 1415833.33000000 0.043056328147 Long ABS-O CORP US N 2 2026-11-16 Fixed 5.89000000 N N N N N N US Bancorp N1GZ7BBF3NP8GI976H15 91159HJQ4 3675000.00000000 PA USD 3763212.02000000 0.114441501121 Long DBT CORP US N 2 2030-01-23 Variable 5.38000000 N N N N N N Eli Lilly & Co FRDRIPF3EKNDJ2CQJL29 532457CU0 6250000.00000000 PA USD 6355759.38000000 0.193282398213 Long DBT CORP US N 2 2028-02-12 Fixed 4.55000000 N N N N N N Empower CLO 2025-1 Ltd N/A 29249DAA9 12600000.00000000 PA USD 12600000.00000000 0.383173445042 Long ABS-O CORP KY N 2 2038-04-20 Floating 0.00000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YFU4 10000000.00000000 PA USD 9968080.80000000 0.303135227031 Long DBT CORP US N 2 2030-10-18 Variable 4.65000000 N N N N N N ARES Trust 2025-IND3 N/A 039955AA7 9200000.00000000 PA USD 9124849.80000000 0.277492074076 Long ABS-MBS CORP US N 2 2027-04-15 Floating 5.80000000 N N N N N N Barclays PLC 213800LBQA1Y9L22JB70 06738EBZ7 7250000.00000000 PA USD 7253615.43000000 0.220586731216 Long DBT CORP GB N 2 2026-08-09 Variable 5.30000000 N N N N N N Roper Technologies Inc 54930003T4SXCIWVXY35 776743AM8 10450000.00000000 PA USD 10308247.74000000 0.313479904673 Long DBT CORP US N 2 2025-09-15 Fixed 1.00000000 N N N N N N Delta Air Lines Inc / SkyMiles IP Ltd N/A 830867AA5 1445771.47000000 PA USD 1432481.45000000 0.043562607313 Long DBT CORP XX N 2 2025-10-20 Fixed 4.50000000 N N N N N N Arthur J Gallagher & Co 54930049QLLMPART6V29 04316JAL3 4200000.00000000 PA USD 4251978.19000000 0.129305169151 Long DBT CORP US N 2 2029-12-15 Fixed 4.85000000 N N N N N N Public Service Enterprise Group Inc PUSS41EMO3E6XXNV3U28 744573AW6 8000000.00000000 PA USD 8355987.12000000 0.254110505674 Long DBT CORP US N 2 2028-10-15 Fixed 5.88000000 N N N N N N Laurel Road Prime Student Loan Trust 2019-A N/A 51889RAA7 64417.10000000 PA USD 63973.05000000 0.001945458250 Long ABS-O CORP US N 2 2048-10-25 Fixed 2.34000000 N N N N N N JP Morgan Mortgage Trust Series 2025-HE1 N/A 46593PAA8 11685394.46000000 PA USD 11676229.61000000 0.355081041648 Long ABS-O CORP US N 2 2055-07-20 Floating 5.50000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 61747YFP5 2575000.00000000 PA USD 2629018.32000000 0.079950000536 Long DBT CORP US N 2 2028-04-13 Variable 5.65000000 N N N N N N 37 Capital CLO II N/A 88429PAU6 10000000.00000000 PA USD 9986870.00000000 0.303706617705 Long ABS-O CORP JE N 2 2034-07-15 Floating 5.55000000 N N N N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 539830CC1 13350000.00000000 PA USD 13470068.30000000 0.409632736148 Long DBT CORP US N 2 2029-02-15 Fixed 4.50000000 N N N N N N Bank of Nova Scotia/The L3I9ZG2KFGXZ61BMYR72 0641598K5 5300000.00000000 PA USD 5088324.94000000 0.154738967996 Long DBT CORP CA N 2 2026-09-15 Fixed 1.30000000 N N N N N N TEXAS Commercial Mortgage Trust 2025-TWR N/A 88231WAA3 7500000.00000000 PA USD 7407891.75000000 0.225278365265 Long ABS-MBS CORP US N 2 2042-04-15 Floating 5.61000000 N N N N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 95000U3L5 6200000.00000000 PA USD 6337551.96000000 0.192728699813 Long DBT CORP US N 2 2028-04-22 Variable 5.71000000 N N N N N N Navient Private Education Refi Loan Trust 2019-A 549300ZUZB9UCBWEBN39 63941BAB1 401621.28000000 PA USD 397810.78000000 0.012097660876 Long ABS-O CORP US N 2 2043-01-15 Fixed 3.42000000 N N N N N N Republic Services Inc NKNQHM6BLECKVOQP7O46 760759BL3 9000000.00000000 PA USD 9132912.45000000 0.277737264026 Long DBT CORP US N 2 2030-07-15 Fixed 4.75000000 N N N N N N Diamondback Energy Inc 549300R22LSX6OHWEN64 25278XAY5 7500000.00000000 PA USD 7610771.55000000 0.231448059860 Long DBT CORP US N 2 2030-01-30 Fixed 5.15000000 N N N N N N New Mountain CLO 6 Ltd N/A 647908AA0 6300000.00000000 PA USD 6299874.00000000 0.191582890786 Long ABS-O CORP KY N 2 2037-10-15 Floating 5.66000000 N N N N N N TCI-Flatiron CLO 2016-1 Ltd 549300EEOTVLW827QY91 87230AAW6 915511.20000000 PA USD 914653.37000000 0.027815149428 Long ABS-O CORP KY N 2 2032-01-17 Floating 5.38000000 N N N N N N Navient Private Education Refi Loan Trust 2021-E N/A 63942EAA6 9295376.27000000 PA USD 8184373.38000000 0.248891630438 Long ABS-O CORP US N 2 2069-12-16 Fixed 0.97000000 N N N N N N NatWest Group PLC 2138005O9XJIJN4JPN90 639057AS7 9500000.00000000 PA USD 9547678.60000000 0.290350547723 Long DBT CORP GB N 2 2030-08-15 Variable 4.96000000 N N N N N N 1988 CLO 2 Ltd N/A 653947AJ0 9750000.00000000 PA USD 9641755.50000000 0.293211481840 Long ABS-O CORP KY N 2 2038-04-15 Floating 5.49000000 N N N N N N Enbridge Inc 98TPTUM4IVMFCZBCUR27 29250NCB9 3850000.00000000 PA USD 3942304.64000000 0.119887813517 Long DBT CORP CA N 2 2029-04-05 Fixed 5.30000000 N N N N N N SMB Private Education Loan Trust 2022-C N/A 78449CAA6 7244831.51000000 PA USD 7178413.07000000 0.218299783013 Long ABS-O CORP US N 2 2050-05-16 Fixed 4.48000000 N N N N N N Sequoia Mortgage Trust 2021-4 N/A 81748WAD8 16871134.24000000 PA USD 14974106.79000000 0.455371435329 Long ABS-MBS CORP US N 2 2051-06-25 Variable 2.50000000 N N N N N N GM Financial Consumer Automobile Receivables Trust 2025-1 N/A 362955AB2 13600000.00000000 PA USD 13592275.20000000 0.413349120186 Long ABS-O CORP US N 2 2028-01-18 Fixed 4.44000000 N N N N N N Navient Private Education Refi Loan Trust 2024-A N/A 63943CAA9 7503694.67000000 PA USD 7657242.77000000 0.232861277119 Long ABS-O CORP US N 2 2072-10-15 Fixed 5.66000000 N N N N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 375558CB7 5500000.00000000 PA USD 5596562.90000000 0.170194784665 Long DBT CORP US N 2 2029-11-15 Fixed 4.80000000 N N N N N N Commonbond Student Loan Trust 2021-A-GS N/A 20268WAA2 8155567.88000000 PA USD 6812951.81000000 0.207185890154 Long ABS-O CORP US N 2 2052-03-25 Fixed 1.20000000 N N N N N N Take-Two Interactive Software Inc BOMSTHHJK882EWYX3334 874054AK5 10700000.00000000 PA USD 10885679.78000000 0.331039954200 Long DBT CORP US N 2 2028-03-28 Fixed 4.95000000 N N N N N N JP Morgan Mortgage Trust Series 2025-CES1 5299003TKRYXBBT76K08 46658XAC9 8903515.15000000 PA USD 8943272.91000000 0.271970213561 Long ABS-MBS CORP US N 2 2055-05-25 Variable 5.67000000 N N N N N N Solventum Corp 254900I70403OSGY4M28 83444MAP6 10000000.00000000 PA USD 10198921.10000000 0.310155216952 Long DBT CORP US N 2 2029-03-01 Fixed 5.40000000 N N N N N N Apple Inc HWUPKR0MPOU8FGXBT394 037833DT4 15000000.00000000 PA USD 14983867.05000000 0.455668250603 Long DBT CORP US N 2 2025-05-11 Fixed 1.13000000 N N N N N N CF Hippolyta Issuer LLC N/A 12530MAE5 30064077.08000000 PA USD 28617023.90000000 0.870260605922 Long ABS-O CORP US N 2 2061-03-15 Fixed 1.53000000 N N N N N N DTE Energy Co 549300IX8SD6XXD71I78 233331BG1 4400000.00000000 PA USD 4384638.24000000 0.133339439657 Long DBT CORP US N 2 2025-06-01 Fixed 1.05000000 N N N N N N Schlumberger Holdings Corp 529900IKZG65COT1D505 806851AM3 6400000.00000000 PA USD 6498397.18000000 0.197620097993 Long DBT CORP US N 2 2029-11-15 Fixed 5.00000000 N N N N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 682680CC5 7900000.00000000 PA USD 7777211.49000000 0.236509596781 Long DBT CORP US N 2 2029-10-15 Fixed 4.40000000 N N N N N GM Financial Consumer Automobile Receivables Trust 2024-4 N/A 38014AAB7 8444876.17000000 PA USD 8442699.08000000 0.256747467614 Long ABS-O CORP US N 2 2027-10-18 Fixed 4.53000000 N N N N N N Mars Inc 54930073HKEO6GZBSS03 571676AX3 6300000.00000000 PA USD 6367932.96000000 0.193652603974 Long DBT CORP US N 2 2028-03-01 Fixed 4.60000000 N N N N N N Centene Corp 549300Z7JJ4TQSQGT333 15135BAR2 16750000.00000000 PA USD 16368195.48000000 0.497766496126 Long DBT CORP US N 2 2027-12-15 Fixed 4.25000000 N N N N N N JP Morgan Mortgage Trust 2004-A3 N/A 466247CV3 79959.45000000 PA USD 73482.34000000 0.002234641378 Long ABS-MBS CORP US N 2 2034-07-25 Variable 6.76000000 N N N N N N Magnetite XLVII Ltd 529900SMT5EN0CN67W73 559916AA9 6250000.00000000 PA USD 6244687.50000000 0.189904636713 Long ABS-O CORP KY N 2 2038-01-25 Floating 5.80000000 N N N N N N MVW 2021-1W LLC N/A 55389TAA9 1555312.41000000 PA USD 1481907.57000000 0.045065684827 Long ABS-O CORP US N 2 2041-01-22 Fixed 1.14000000 N N N N N N Aon North America Inc N/A 03740MAB6 14000000.00000000 PA USD 14289351.16000000 0.434547612015 Long DBT CORP US N 2 2029-03-01 Fixed 5.15000000 N N N N N N CF Hippolyta Issuer LLC N/A 12530MAA3 13338873.21000000 PA USD 13174322.20000000 0.400638922497 Long ABS-O CORP US N 2 2060-07-15 Fixed 1.69000000 N N N N N N Smurfit Kappa Treasury ULC 635400B3DOXSWFOWJT40 83272GAA9 10000000.00000000 PA USD 10141700.00000000 0.308415089490 Long DBT CORP IE N 2 2030-01-15 Fixed 5.20000000 N N N N N N GreatAmerica Leasing Receivables Funding LLC Series 2024-1 N/A 39154TCH9 5993681.44000000 PA USD 6005676.00000000 0.182636155772 Long ABS-O CORP US N 2 2026-08-17 Fixed 5.32000000 N N N N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141GXN9 14700000.00000000 PA USD 14697665.35000000 0.446964687796 Long DBT CORP US N 2 2026-12-09 Floating 5.18000000 N N N N N N Alaska Airlines 2020-1 Class A Pass Through Trust N/A 01166VAA7 8414285.69000000 PA USD 8413792.61000000 0.255868404781 Long DBT CORP US N 2 2029-02-15 Fixed 4.80000000 N N N N N N MVW 2023-2 LLC N/A 55400WAA7 6202849.74000000 PA USD 6427026.31000000 0.195449667665 Long ABS-O CORP US N 2 2040-11-20 Fixed 6.18000000 N N N N N N Southern Co/The 549300FC3G3YU2FBZD92 842587DS3 10300000.00000000 PA USD 10689687.83000000 0.325079723194 Long DBT CORP US N 2 2029-03-15 Fixed 5.50000000 N N N N N N KKR CLO 18 Ltd 54930088PYF0FHKY5C94 48251JAL7 3226813.23000000 PA USD 3223544.47000000 0.098029892048 Long ABS-O CORP KY N 2 2030-07-18 Floating 5.47000000 N N N N N N JP Morgan Mortgage Trust 2004-S1 N/A 466247ER0 72277.17000000 PA USD 68275.54000000 0.002076299513 Long ABS-MBS CORP US N 2 2034-09-25 Fixed 5.00000000 N N N N N N Arbor Multifamily Mortgage Securities Trust 2022-MF4 N/A 03882LAC4 5857399.88000000 PA USD 5740175.74000000 0.174562135987 Long ABS-MBS CORP US N 2 2055-02-15 Variable 3.27000000 N N N N N N Crown Castle Towers LLC N/A 22822RBH2 1650000.00000000 PA USD 1620268.32000000 0.049273316989 Long DBT CORP US N 2 2048-07-15 Fixed 4.24000000 N N N N N N Navient Private Education Refi Loan Trust 2021-B N/A 63942LAA0 6626846.46000000 PA USD 6053172.29000000 0.184080546015 Long ABS-O CORP US N 2 2069-07-15 Fixed 0.94000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31407PRN0 31583.89000000 PA USD 32022.88000000 0.000973834702 Long ABS-MBS USGA US N 2 2035-10-01 Floating 7.18000000 N N N N N N JP Morgan Chase Commercial Mortgage Securities Trust 2021-MHC N/A 466330AA5 12472638.44000000 PA USD 12449252.24000000 0.378589116587 Long ABS-MBS CORP US N 2 2038-04-15 Floating 5.49000000 N N N N N N Chevron USA Inc VA8TZDWPEZYU430RZ444 166756AE6 4600000.00000000 PA USD 4551683.07000000 0.138419371640 Long DBT CORP US N 2 2025-08-12 Fixed 0.69000000 N N N N N N Fannie Mae Pool B1V7KEBTPIMZEU4LTD58 31371L5V7 5389.28000000 PA USD 5493.91000000 0.000167073049 Long ABS-MBS USGA US N 2 2035-01-01 Floating 6.75000000 N N N N N N Ford Credit Auto Owner Trust 2020-REV2 N/A 34532JAA2 11000000.00000000 PA USD 10819891.50000000 0.329039293733 Long ABS-O CORP US N 2 2033-04-15 Fixed 1.06000000 N N N N N N NXP BV / NXP Funding LLC / NXP USA Inc N/A 62954HAW8 5300000.00000000 PA USD 5300000.00000000 0.161176131644 Long DBT CORP XX N 2 2025-05-01 Fixed 2.70000000 N N N N N N Charter Communications Operating LLC / Charter Communications Operating Capital N/A 161175CQ5 15000000.00000000 PA USD 15533724.30000000 0.472389734473 Long DBT CORP US N 2 2029-06-01 Fixed 6.10000000 N N N N N N United States Treasury Note/Bond 254900HROIFWPRGM1V77 91282CJB8 133850000.00000100 PA USD 134259915.63000100 4.082923365319 Long DBT UST US N 2 2025-09-30 Fixed 5.00000000 N N N N N N Nelnet Student Loan Trust 2021-C N/A 64035GAB5 4850267.41000000 PA USD 4525264.57000000 0.137615969445 Long ABS-O CORP US N 2 2062-04-20 Fixed 1.32000000 N N N N N N DLLST 2024-1 LLC N/A 23346HAB3 2128319.77000000 PA USD 2129995.40000000 0.064774418677 Long ABS-O CORP US N 2 2026-01-20 Fixed 5.33000000 N N N N N N Navient Private Education Refi Loan Trust 2019-G N/A 63941JAA6 2204193.68000000 PA USD 2116052.60000000 0.064350409891 Long ABS-O CORP US N 2 2068-10-15 Fixed 2.40000000 N N N N N N GS Mortgage Securities Corp Trust 2023-SHIP 5493005BBCF84ICNQ550 36270GAA9 2350000.00000000 PA USD 2338308.75000000 0.071109350738 Long ABS-MBS CORP US N 2 2038-09-10 Variable 4.47000000 N N N N N N Nelnet Student Loan Trust 2021-D N/A 64034YAB7 6681338.28000000 PA USD 6296556.67000000 0.191482008821 Long ABS-O CORP US N 2 2062-04-20 Fixed 1.63000000 N N N N N N Kubota Credit Owner Trust 2023-2 N/A 500945AB6 3194952.05000000 PA USD 3199519.23000000 0.097299270304 Long ABS-O CORP US N 2 2026-07-15 Fixed 5.61000000 N N N N N N LBA Trust 2024-7IND N/A 52109XAA6 9200000.00000000 PA USD 9194250.00000000 0.279602575165 Long ABS-MBS CORP US N 2 2041-10-15 Floating 5.76000000 N N N N N N MHP 2021-STOR N/A 55293BAB1 8800000.00000000 PA USD 8761500.00000000 0.266442391963 Long ABS-MBS CORP US N 2 2038-07-15 Floating 5.14000000 N N N N N N World Omni Auto Receivables Trust 2025-A N/A 98164YAB7 12500000.00000000 PA USD 12512172.50000000 0.380502558872 Long ABS-O CORP US N 2 2028-04-17 Fixed 4.49000000 N N N N N N Dell International LLC / EMC Corp 254900ZARLSVK41DKO78 24703TAM8 9250000.00000000 PA USD 9280554.79000000 0.282227154824 Long DBT CORP US N 2 2030-04-01 Fixed 5.00000000 N N N N N N 2025-05-29 Principal Funds, Inc Megan Hoffmann /s/ Megan Hoffmann Vice President and Controller