FH 1G2296

NPORT-P false 0000916620 XXXXXXXX S000038895 C000119673 Northern Funds 811-08236 0000916620 5493004ZY1PEJR3C0A81 50 South LaSalle Street Chicago 60603 800-595-9111 Northern Core Bond Fund S000038895 549300VLPNL1PHV9X402 2020-03-31 2019-12-31 N 207739321.300000000000 208237.030000000000 207531084.270000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 USD N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FH 1G2296 3128QSRR9 50210.66 PA USD 52600.77 0.0253459718 Long ABS-MBS USGSE US N 2 2037-11-01 Variable 4.183000000000 N N N N N N JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST N/A JPMDB 2017-C5 A5 46590TAE5 1750000 PA USD 1875320.3 0.9036334516 Long ABS-O CORP US N 2 2050-03-17 Fixed 3.693900000000 N N N N N N Protective Life Corporation 549300ZWIT8J8Y2EXL07 PL 8.45 10/15/39 743674AY9 430000 PA USD 642376.93 0.3095328742 Long DBT CORP US N 2 2039-10-15 Fixed 8.450000000000 N N N N N N FMR Corp. 6X064LF7Y6B4DKF2GZ26 FIDINV 6.45 11/15/39 144A 30251BAB4 675000 PA USD 948896.34 0.4572309461 Long DBT CORP US Y 2 2039-11-15 Fixed 6.450000000000 N N N N N N Cenovus Energy Inc 549300EIRQ0Z2B9C1W06 CVECN 6.75 11/15/39 15135UAF6 185000 PA USD 235702.64 0.1135746198 Long DBT CORP CA N 2 2039-11-15 Fixed 6.750000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN FM1303 3140X4NV4 943735.76 PA USD 971513.58 0.4681291882 Long ABS-MBS USGSE US N 2 2048-01-01 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BM5168 3140J9W64 617091.52 PA USD 614117.75 0.2959160321 Long ABS-MBS USGSE US N 2 2046-06-01 Fixed 2.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN MA3183 31418CRD8 1952879.73 PA USD 2053268.31 0.9893786838 Long ABS-MBS USGSE US N 2 2047-11-01 Fixed 4.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AL5119 3138EMVM0 275534.94 PA USD 295512.94 0.1423945435 Long ABS-MBS USGSE US N 2 2034-04-01 Fixed 4.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BK4740 3140HJHS3 1957709.1 PA USD 2041313.07 0.9836179853 Long ABS-MBS USGSE US N 2 2048-08-01 Fixed 4.000000000000 N N N N N N EnCana Corporation CZ72ZHBVKZXQRV3XFE26 ECACN 8.125 09/15/30 012873AH8 450000 PA USD 580329.76 0.2796351024 Long DBT CORP CA N 2 2030-09-15 Fixed 8.125000000000 N N N N N N Fox Corporation 549300DDU6FDRBIELS05 FOXA 4.709 01/25/29 144A 35137LAC9 490000 PA USD 558787.61 0.2692548984 Long DBT CORP US Y 2 2029-01-25 Fixed 4.709000000000 N N N N N N Berkshire Hathaway Energy Company 549300JD0S5IZJE9LY15 BRKHEC 4.45 01/15/49 084659AR2 250000 PA USD 297551.77 0.1433769650 Long DBT CORP US N 2 2049-01-15 Fixed 4.450000000000 N N N N N N National Australia Bank Limited F8SB4JFBSYQFRQEH3Z21 NAB V3.933 08/02/34 144A 632525AS0 505000 PA USD 524893.78 0.2529229690 Long DBT CORP AU Y 2 2034-08-02 Fixed 3.933000000000 N N N N N N Citigroup Inc. 6SHGI4ZSSLCXXQSBB395 C 3.875 03/26/25 172967JL6 260000 PA USD 275062.42 0.1325403474 Long DBT CORP US N 2 2025-03-26 Fixed 3.875000000000 N N N N N N Benchmark 2018-B6 Mortgage Trust N/A BMARK 2018-B6 A2 08162CAB6 1500000 PA USD 1594367.1 0.7682545994 Long ABS-O CORP US N 2 2051-10-12 Fixed 4.203000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG Q15842 3132J65C4 647887.22 PA USD 667864.34 0.3218141236 Long ABS-MBS USGSE US N 2 2043-02-01 Fixed 3.000000000000 N N N N N N PNC Financial Services Group Inc CFGNEKW0P8842LEUIA51 PNC V4.85 PERP R 693475AM7 245000 PA USD 254187.5 0.1224816518 Long DBT CORP US N 2 2500-12-31 Fixed 4.850000000000 N N N N N N Anthem Inc 8MYN82XMYQH89CTMTH67 ANTM 3.7 09/15/49 036752AK9 395000 PA USD 394391.32 0.1900396374 Long DBT CORP US N 2 2049-09-15 Fixed 3.700000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 3.000 2032-12-01 USD 3132CWGZ1 245116.47 PA USD 252427.54 0.1216336053 Long ABS-MBS USGA US N 2 2032-12-01 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS8984 3138WJ6W3 383694.18 PA USD 406084.44 0.1956740319 Long ABS-MBS USGSE US N 2 2047-03-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BM4413 3140J83X9 1225087.29 PA USD 1295516.57 0.6242518197 Long ABS-MBS USGSE US N 2 2047-12-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AW2706 3138XSAG2 864652.14 PA USD 916331.03 0.4415391715 Long ABS-MBS USGSE US N 2 2044-04-01 Fixed 4.000000000000 N N N N N N Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. 549300TPZNMN50BJ3745 CHTR 3.579 07/23/20 161175AX2 340000 PA USD 342166.82 0.1648749734 Long DBT CORP US N 2 2020-07-23 Fixed 3.579000000000 N N N N N N Boston Properties Limited Partnership BVHHEFJI6SHNOKQT2572 BXP 3.2 01/15/25 10112RAZ7 405000 PA USD 420426.76 0.2025849580 Long DBT CORP US N 2 2025-01-15 Fixed 3.200000000000 N N N N N N Federal Home Loan Mortgage Corporation N/A FN ZS4639 3132A5EL5 847395.37 PA USD 897963.42 0.4326886371 Long ABS-MBS USGSE US N 2 2045-11-01 Fixed 4.000000000000 N N N N N N Morgan Stanley N/A MSBAM 2013-C7 A4 61690KAE2 1015000 PA USD 1033460.62 0.4979787118 Long ABS-O CORP US N 2 2046-02-16 Fixed 2.918000000000 N N N N N N Discover Card Execution Note Trust N/A DCENT 2019-A3 A 254683CM5 3450000 PA USD 3445700.61 1.6603298837 Long ABS-O CORP US N 2 2024-10-15 Fixed 1.890000000000 N N N N N N RWJ Barnabas Health Inc. 549300HV60S88R85TC91 RWJBHI 3.477 07/01/49 78349AAC7 365000 PA USD 360734.51 0.1738219175 Long DBT CORP US N 2 2049-07-01 Fixed 3.477000000000 N N N N N N OReilly Automotive, Inc. 549300K2RLMQL149Q332 ORLY 3.9 06/01/29 67103HAH0 420000 PA USD 458991.55 0.2211676153 Long DBT CORP US N 2 2029-06-01 Fixed 3.900000000000 N N N N N N Avangrid Inc 549300OX0Q38NLSKPB49 AGR 3.8 06/01/29 05351WAB9 500000 PA USD 530596.56 0.2556708851 Long DBT CORP US N 2 2029-06-01 Fixed 3.800000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG G61284 31335BM94 589010.46 PA USD 606345.37 0.2921708679 Long ABS-MBS USGSE US N 2 2044-01-01 Fixed 3.000000000000 N N N N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 D 3.071 08/15/24 25746UDB2 165000 PA USD 169977.55 0.0819046219 Long DBT CORP US N 2 2024-08-15 Variable 3.071000000000 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 1.5 11/30/21 912828YT1 16581000 PA USD 16558978.44 7.9790352844 Long DBT UST US N 2 2021-11-30 Fixed 1.500000000000 N N N N N N Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. 549300TPZNMN50BJ3745 CHTR 5.125 07/01/49 161175BS2 495000 PA USD 538733.59 0.2595917580 Long DBT CORP US N 2 2049-07-01 Fixed 5.125000000000 N N N N N N Baker Hughes a GE company LLC and Baker Hughes Co-Obligor Inc 549300XU3XH6F05YEQ93 BHI 4.08 12/15/47 05723KAF7 235000 PA USD 240994.1 0.1161243391 Long DBT CORP US N 2 2047-12-15 Fixed 4.080000000000 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 2.375 11/15/49 912810SK5 12454000 PA USD 12447675.73 5.9979813500 Long DBT UST US N 2 2049-11-15 Fixed 2.375000000000 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 1.75 11/15/29 912828YS3 6641000 PA USD 6546054.42 3.1542525030 Long DBT UST US N 2 2029-11-15 Fixed 1.750000000000 N N N N N N United States Treasury Bills 254900HROIFWPRGM1V77 B 0 01/16/20 912796TB5 500000 PA USD 499728.27 0.2407968289 Long DBT UST US N 2 2020-01-16 None N/A N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 2.25 08/15/49 912810SJ8 3001000 PA USD 2919410.31 1.4067339937 Long DBT UST US N 2 2049-08-15 Fixed 2.250000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN MA3088 31418CNE0 1055713.01 PA USD 1109877.66 0.5348006849 Long ABS-MBS USGSE US N 2 2047-08-01 Fixed 4.000000000000 N N N N N N Aircastle Limited 549300PNK8AKY3OIKP58 AYR 4.25 06/15/26 00928QAS0 270000 PA USD 285738.54 0.1376846948 Long DBT CORP BM N 2 2026-06-15 Fixed 4.250000000000 N N N N N N Healthpeak Properties Inc PZ9HF5U52KPF0MH0QN75 PEAK 3.25 07/15/26 40414LAQ2 165000 PA USD 171137.18 0.0824633961 Long DBT CORP US N 2 2026-07-15 Fixed 3.250000000000 N N N N N N Jpmcc Commercial Mortgage Securities N/A JPMCC 2017-JP5 A5 46647TAS7 1530000 PA USD 1641729.32 0.7910763468 Long ABS-O CORP US N 2 2050-03-17 Fixed 3.723200000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN BM5785 3140JANB0 630408.89 PA USD 657888.07 0.3170070027 Long ABS-MBS USGSE US N 2 2046-09-01 Fixed 3.500000000000 N N N N N N Benchmark Mortgage Trust N/A BMARK 2018-B2 A2 08161CAB7 765000 PA USD 793380.96 0.3822950007 Long ABS-O CORP US N 2 2051-02-17 Fixed 3.662300000000 N N N N N N Office Properties Income Trust 529900WFAP4ROYDYS509 OPI 3.6 02/01/20 81618TAB6 265000 PA USD 265000 0.1276917147 Long DBT CORP US N 2 2020-02-01 Fixed 3.600000000000 N N N N N N Moodys Corp 549300GCEDD8YCF5WU84 MCO 4.25 02/01/29 615369AP0 415000 PA USD 470043.63 0.2264931211 Long DBT CORP US N 2 2029-02-01 Fixed 4.250000000000 N N N N N N AT&T Inc 549300Z40J86GGSTL398 T 5.35 12/15/43 00206RJJ2 265000 PA USD 314203.84 0.1514008569 Long DBT CORP US N 2 2043-12-15 Fixed 5.350000000000 N N N N N N Energy Transfer Operating L P 5493008K8W3OKZE54J59 ETP 4.2 09/15/23 5Y 29278NAC7 205000 PA USD 215270.64 0.1037293477 Long DBT CORP US N 2 2023-09-15 Fixed 4.200000000000 N N N N N N EPR Properties 549300YSSXFHMPOWZ492 EPR 4.5 04/01/25 26884UAB5 505000 PA USD 536532.81 0.2585313000 Long DBT CORP US N 2 2025-04-01 Fixed 4.500000000000 N N N N N N Anglo American Capital PLC TINT358G1SSHR3L3PW36 AALLN 3.75 04/10/22 144A 034863AQ3 460000 PA USD 472167.05 0.2275163028 Long DBT CORP GB Y 2 2022-04-10 Fixed 3.750000000000 N N N N N N AT&T Inc 549300Z40J86GGSTL398 T 4.55 03/09/49 00206RDK5 650000 PA USD 721834.61 0.3478199965 Long DBT CORP US N 2 2049-03-09 Fixed 4.550000000000 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 1.375 10/15/22 912828YK0 8365000 PA USD 8314025.78 4.0061592745 Long DBT UST US N 2 2022-10-15 Fixed 1.375000000000 N N N N N N Northern Inst Fds 549300Y178DO5JBR1S04 Northern Inst Fds GOVT PTFL 665278404 1368309.35 NS USD 1368309.35 0.6593274231 Long STIV RF US N 1 N N N TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP N/A TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP TAXABLE SR LEIN REF BDS 2019 B 882667AZ1 285000 PA USD 286493.4 0.1380484283 Long DBT MUN US N 2 2049-12-31 Fixed 3.922000000000 N N N N N N NEW JERSEY ST TRANSN TR FD AUTH 549300YUVD5TEXR6L889 NEW JERSEY ST TRANSN TR FD AUTH SYS TAXABLE BDS 2019 B 6461366S5 380000 PA USD 376929.6 0.1816256111 Long DBT MUN US N 2 2042-06-15 Fixed 4.131000000000 N N N N N N MASSACHUSETTS ST 5493001N1YCXNI1O7K10 MASSACHUSETTS ST TAXABLE CONSOLIDATED LN GO BDS 2019 H 57582RYY6 180000 PA USD 169896.6 0.0818656157 Long DBT MUN US N 2 2049-09-01 Fixed 2.900000000000 N N N N N N NEW YORK ST TWY AUTH N/A NEW YORK ST TWY AUTH TAXABLE BDS M 650009S61 390000 PA USD 388506.3 0.1872039080 Long DBT MUN US N 2 2042-01-01 Fixed 3.500000000000 N N N N N N eBay Inc. OML71K8X303XQONU6T67 EBAY 3.6 06/05/27 278642AU7 195000 PA USD 204510.53 0.0985445292 Long DBT CORP US N 2 2027-06-05 Fixed 3.600000000000 N N N N N N PNC Bank, National Association AD6GFRVSDT01YPT1CS68 PNC 2.7 10/22/29 BKNT 69349LAS7 615000 PA USD 614243.15 0.2959764568 Long DBT CORP US N 2 2029-10-22 Fixed 2.700000000000 N N N N N N AT&T Inc 549300Z40J86GGSTL398 T 3.8 02/15/27 00206RHW5 540000 PA USD 575657.75 0.2773838686 Long DBT CORP US N 2 2027-02-15 Fixed 3.800000000000 N N N N N N Ventas Realty L.P./Ventas Capital Corp. 32SXKSJ72K64GM3HOU64 VTR 4.4 01/15/29 92277GAN7 305000 PA USD 335680.65 0.1617495765 Long DBT CORP US N 2 2029-01-15 Fixed 4.400000000000 N N N N N N CARMAX AUTO OWNER TRUST N/A CARMX 2019-4 A3 14315WAD2 1825000 PA USD 1829132.9 0.8813777977 Long ABS-O CORP US N 2 2024-11-15 Fixed 2.020000000000 N N N N N N CNH EQUIPMENT TRUST N/A CNH 2019-C A3 12597CAC1 1840000 PA USD 1839992.09 0.8866103584 Long ABS-O CORP US N 2 2024-12-16 Fixed 2.010000000000 N N N N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 JPM 3.875 09/10/24 46625HJY7 200000 PA USD 214114.95 0.1031724721 Long DBT CORP US N 2 2024-09-10 Fixed 3.875000000000 N N N N N N ArcelorMittal S.A. 2EULGUTUI56JI9SAL165 MTNA 4.55 03/11/26 03938LBA1 160000 PA USD 169909.82 0.0818719859 Long DBT CORP LU N 2 2026-03-11 Fixed 4.550000000000 N N N N N N Johnson Controls International Plc 549300XQ6S1GYKGBL205 JCI 5.125 09/14/45 * 478375AS7 34000 PA USD 39724.63 0.0191415325 Long DBT CORP IE N 2 2045-09-14 Fixed 5.125000000000 N N N N N N Dell International L.L.C. and EMC Corporation N/A DELL 5.3 10/01/29 144A 24703DBA8 385000 PA USD 434121.74 0.2091839599 Long DBT CORP US Y 2 2029-10-01 Fixed 5.300000000000 N N N N N N Glencore Funding LLC 213800STG1QDNBY87K49 GLENLN 4.125 03/12/24 144A 378272AT5 275000 PA USD 288033.94 0.1387907460 Long DBT CORP US Y 2 2024-03-12 Fixed 4.125000000000 N N N N N N Marriott International, Inc. 225YDZ14ZO8E1TXUSU86 MAR 3.6 04/15/24 571900BB4 570000 PA USD 600396.2 0.2893042274 Long DBT CORP US N 2 2024-04-15 Fixed 3.600000000000 N N N N N N AbbVie Inc. FR5LCKFTG8054YNNRU85 ABBV 2.85 05/14/23 00287YAX7 190000 PA USD 193792.77 0.0933801173 Long DBT CORP US N 2 2023-05-14 Fixed 2.850000000000 N N N N N N Capital One Financial Corporation ZUE8T73ROZOF6FLBAR73 COF 4.2 10/29/25 14040HBJ3 775000 PA USD 836600.6 0.4031206231 Long DBT CORP US N 2 2025-10-29 Fixed 4.200000000000 N N N N N N Patterson Uti Eneg 254900XGFBKIXD6G0697 PTEN 3.95 02/01/28 703481AB7 275000 PA USD 267917.64 0.1290975956 Long DBT CORP US N 2 2028-02-01 Fixed 3.950000000000 N N N N N N Roper Technologies Inc 54930003T4SXCIWVXY35 ROP 3.85 12/15/25 776743AB2 280000 PA USD 301853.23 0.1454496472 Long DBT CORP US N 2 2025-12-15 Fixed 3.850000000000 N N N N N N GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST N/A GMCAR 2019-4 A3 36258MAD6 1305000 PA USD 1297651.28 0.6252804415 Long ABS-O CORP US N 2 2024-07-16 Fixed 1.750000000000 N N N N N N Equinix, Inc. 549300EVUN2BTLJ3GT74 EQIX 3.2 11/18/29 29444UBE5 247000 PA USD 247918.84 0.1194610633 Long DBT CORP US N 2 2029-11-18 Fixed 3.200000000000 N N N N N N Toyota Auto Receivables 2019-D Owner Trust N/A TAOT 2019-D A3 89233MAD5 1175000 PA USD 1174481.59 0.5659304456 Long ABS-O CORP US N 2 2024-01-15 Fixed 1.920000000000 N N N N N N World Omni Auto Recv Tr 2019-C N/A WOART 2019-C A3 98162RAD0 1565000 PA USD 1563853.48 0.7535514429 Long ABS-O CORP US N 2 2024-12-15 Fixed 1.960000000000 N N N N N N Advocate Health & Hospitals Corporation 549300AEHU3PPOUCIL87 ADVHEA 3.387 10/15/49 007589AC8 290000 PA USD 290588.94 0.1400218869 Long DBT CORP US N 2 2049-10-15 Fixed 3.387000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG C02838 31292KEK9 54363.67 PA USD 59302.11 0.0285750495 Long ABS-MBS USGSE US N 2 2037-05-01 Fixed 5.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS6730 3138WGPQ1 1384409.88 PA USD 1447919.68 0.6976881006 Long ABS-MBS USGSE US N 2 2046-02-01 Fixed 3.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 890009 31410KYE8 51547.69 PA USD 57959.76 0.0279282307 Long ABS-MBS USGSE US N 2 2036-09-01 Fixed 5.500000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG C03517 31292K4A2 118858.99 PA USD 129154.36 0.0622337422 Long ABS-MBS USGSE US N 2 2040-09-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS5722 3138WFLC8 283794.06 PA USD 296289.23 0.1427686031 Long ABS-MBS USGSE US N 2 2045-09-01 Fixed 3.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS8699 3138WJUZ9 656164.71 PA USD 690741.74 0.3328377252 Long ABS-MBS USGSE US N 2 2047-01-01 Fixed 4.000000000000 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 1.75 12/31/24 912828YY0 13618000 PA USD 13661088.17 6.5826708409 Long DBT UST US N 2 2024-12-31 Fixed 1.750000000000 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 1.625 12/31/21 912828YZ7 4705000 PA USD 4710881.25 2.2699641678 Long DBT UST US N 2 2021-12-31 Fixed 1.625000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FHMS K730 A2 3137FEUA6 460000 PA USD 487856.17 0.2350761919 Long ABS-O USGSE US N 2 2025-01-25 Floating 3.590000000000 N N N N N N VMware Inc 549300BUDHS3LRWBE814 VMW 2.95 08/21/22 928563AB1 200000 PA USD 203791.66 0.0981981377 Long DBT CORP US N 2 2022-08-21 Fixed 2.950000000000 N N N N N N Laboratory Corp of America Holdings OZ7UA8IXAIFILY2VZH07 LH 3.25 09/01/24 50540RAT9 215000 PA USD 223684.54 0.1077836319 Long DBT CORP US N 2 2024-09-01 Fixed 3.250000000000 N N N N N N Enterprise Products Operating LP 5493004LGN656HWLDA30 EPD 4.2 01/31/50 29379VBW2 205000 PA USD 220053.17 0.1060338362 Long DBT CORP US N 2 2050-01-31 Fixed 4.200000000000 N N N N N N Baker Hughes a GE company LLC and Baker Hughes Co-Obligor Inc 549300XU3XH6F05YEQ93 BHI 2.773 12/15/22 05723KAD2 210000 PA USD 214216.39 0.1032213515 Long DBT CORP US N 2 2022-12-15 Fixed 2.773000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 845182 31407Y6T1 10919.38 PA USD 12252.53 0.0059039493 Long ABS-MBS USGSE US N 2 2035-11-01 Fixed 5.500000000000 N N N N N N Ares Capital Corporation WEQ82666OJYSI5GUAB47 ARCC 3.5 02/10/23 04010LAU7 195000 PA USD 197935.01 0.0953760786 Long DBT CORP US N 2 2023-02-10 Fixed 3.500000000000 N N N N N N American Tower Corporation 5493006ORUSIL88JOE18 AMT 3.125 01/15/27 03027XAM2 810000 PA USD 829149.7 0.3995303657 Long DBT CORP US N 2 2027-01-15 Fixed 3.125000000000 N N N N N N BPCE SA 9695005MSX1OYEMGDF46 BPCEGP 3.5 10/23/27 144A 05583JAC6 515000 PA USD 532194.92 0.2564410637 Long DBT CORP FR Y 2 2027-10-23 Fixed 3.500000000000 N N N N N N Bank of America Corporation 9DJT3UXIJIZJI4WXO774 BAC 4 01/22/25 MTN 06051GFM6 705000 PA USD 752021.21 0.3623655765 Long DBT CORP US N 2 2025-01-22 Fixed 4.000000000000 N N N N N N Altria Group, Inc. XSGZFLO9YTNO9VCQV219 MO 5.95 02/14/49 02209SBF9 135000 PA USD 163683.32 0.0788717124 Long DBT CORP US N 2 2049-02-14 Fixed 5.950000000000 N N N N N N Hewlett Packard Enterprise Company 549300BX44RGX6ANDV88 HPE 4.4 10/15/22 42824CAN9 300000 PA USD 316988.88 0.1527428439 Long DBT CORP US N 2 2022-10-15 Fixed 4.400000000000 N N N N N N Citigroup Inc. 6SHGI4ZSSLCXXQSBB395 C 4.45 09/29/27 172967KA8 110000 PA USD 121195.96 0.0583989432 Long DBT CORP US N 2 2027-09-29 Fixed 4.450000000000 N N N N N N American Express Credit Account Master Trust 549300Y4SA5G3GIJTP18 AMXCA 2019-3 A 02582JJM3 2455000 PA USD 2460903.78 1.1858000880 Long ABS-O CORP US N 2 2025-04-15 Fixed 2.000000000000 N N N N N N Citrix Systems Inc. HCTKJGUQOPZ5NBK7NP58 CTXS 4.5 12/01/27 177376AE0 535000 PA USD 579800.72 0.2793801815 Long DBT CORP US N 2 2027-12-01 Fixed 4.500000000000 N N N N N N Leggett & Platt Inc. DKOVQUCDW4ZLYCUD4T55 LEG 3.5 11/15/27 524660AY3 405000 PA USD 416133.37 0.2005161643 Long DBT CORP US N 2 2027-11-15 Fixed 3.500000000000 N N N N N N AbbVie Inc. FR5LCKFTG8054YNNRU85 ABBV 3.2 11/21/29 144A 00287YBW8 295000 PA USD 300119.57 0.1446142736 Long DBT CORP US Y 2 2029-11-21 Fixed 3.200000000000 N N N N N N AbbVie Inc. FR5LCKFTG8054YNNRU85 ABBV 2.6 11/21/24 144A 00287YBQ1 330000 PA USD 332670.35 0.1602990468 Long DBT CORP US Y 2 2024-11-21 Fixed 2.600000000000 N N N N N N Citigroup Inc. 6SHGI4ZSSLCXXQSBB395 C 4.125 07/25/28 172967KU4 175000 PA USD 190972.08 0.0920209523 Long DBT CORP US N 2 2028-07-25 Fixed 4.125000000000 N N N N N N HONDA AUTO RECEIVABLES OWNER TRUST N/A HAROT 2019-4 A3 43813VAC2 2765000 PA USD 2758908.15 1.3293951408 Long ABS-O CORP US N 2 2024-01-18 Fixed 1.830000000000 N N N N N N Glencore Funding LLC 213800STG1QDNBY87K49 GLENLN 3.875 10/27/27 144A 378272AQ1 115000 PA USD 118769.7 0.0572298364 Long DBT CORP US Y 2 2027-10-27 Fixed 3.875000000000 N N N N N N KLA Corporation 549300H0BF5JCG96TJ81 KLAC 5.65 11/01/34 482480AF7 115000 PA USD 137842.68 0.0664202572 Long DBT CORP US N 2 2034-11-01 Fixed 5.650000000000 N N N N N N Xcel Energy Inc LGJNMI9GH8XIDG5RCM61 XEL 2.6 12/01/29 98389BAW0 450000 PA USD 445994.19 0.2149047655 Long DBT CORP US N 2 2029-12-01 Fixed 2.600000000000 N N N N N N National Oilwell Varco Incorporation 549300EHF3IW1AR6U008 NOV 3.6 12/01/29 637071AM3 255000 PA USD 255777.45 0.1232477780 Long DBT CORP US N 2 2029-12-01 Fixed 3.600000000000 N N N N N N Federal National Mortgage Association S6XOOCT0IEG5ABCC6L87 FN SD0039 3132DMBG9 1219034.99 PA USD 1305707.26 0.6291622600 Long ABS-MBS USGSE US N 2 2046-02-01 Fixed 4.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AL9405 3138ERNX4 965331.87 PA USD 1017441.19 0.4902596609 Long ABS-MBS USGSE US N 2 2044-06-01 Fixed 3.500000000000 N N N N N N Societe Generale S.A. O2RNE8IBXP4R0TD8PU41 SOCGEN 2.625 10/16/24 144A 83368RAU6 500000 PA USD 500166.74 0.2410081081 Long DBT CORP FR Y 2 2024-10-16 Fixed 2.625000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN FM1572 3140X4XA9 347631.6 PA USD 355785.64 0.1714372771 Long ABS-MBS USGSE US N 2 2048-09-01 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BE3619 3140FPAV1 1735975.26 PA USD 1825945.27 0.8798418205 Long ABS-MBS USGSE US N 2 2047-05-01 Fixed 4.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS3655 3138WDBZ3 457321.72 PA USD 490547.45 0.2363730001 Long ABS-MBS USGSE US N 2 2044-10-01 Fixed 4.500000000000 N N N N N N Credit Agricole S.A. London Branch N/A ACAFP 2.375 01/22/25 144A 22534PAA1 495000 PA USD 494528.61 0.2382913440 Long DBT CORP FR Y 2 2025-01-22 Fixed 2.375000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BH4092 3140GSRN4 903948.37 PA USD 955292.53 0.4603129856 Long ABS-MBS USGSE US N 2 2047-10-01 Fixed 4.500000000000 N N N N N N Morgan Stanley BAML Trust N/A MSBAM 2013-C9 A4 61762DAW1 100000 PA USD 102479.56 0.0493803424 Long ABS-O CORP US N 2 2046-05-17 Fixed 3.102000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AA7583 31416RM91 11268.66 PA USD 12229.98 0.0058930835 Long ABS-MBS USGSE US N 2 2039-06-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 931790 31412QF79 446022.36 PA USD 484050.57 0.2332424425 Long ABS-MBS USGSE US N 2 2039-08-01 Fixed 4.500000000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 G2 784801 3622AAGJ7 913510.68 PA USD 954597.66 0.4599781586 Long ABS-MBS USGA US N 2 2047-06-20 Fixed 3.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AB3114 31416YN87 99687.5 PA USD 107693.12 0.0518925251 Long ABS-MBS USGSE US N 2 2041-06-01 Fixed 5.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BH6175 3140GU2H9 363364.15 PA USD 376240.34 0.1812934873 Long ABS-MBS USGSE US N 2 2047-07-01 Fixed 3.500000000000 N N N N N N Morgan Stanley BAML Trust N/A MSBAM 2015-C25 A5 61765TAF0 1030000 PA USD 1092053.28 0.5262119089 Long ABS-O CORP US N 2 2048-10-19 Fixed 3.635000000000 N N N N N N Wells Fargo & Company PBLD0EJDB5FWOLXP3B76 WFC 3 02/19/25 MTN 94974BGH7 130000 PA USD 134149.97 0.0646409045 Long DBT CORP US N 2 2025-02-19 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AI8193 3138ANC76 541648.38 PA USD 588094.89 0.2833767732 Long ABS-MBS USGSE US N 2 2041-08-01 Fixed 4.500000000000 N N N N N N Hess Corporation UASVRYNXNK17ULIGK870 HES 7.125 03/15/33 023551AM6 765000 PA USD 967599.18 0.4662430129 Long DBT CORP US N 2 2033-03-15 Fixed 7.125000000000 N N N N N N Goldman Sachs Group, Inc. 784F5XWPLTWKTBV3E584 GS 4 03/03/24 38141GVM3 270000 PA USD 287721.84 0.1386403589 Long DBT CORP US N 2 2024-03-03 Fixed 4.000000000000 N N N N N N Tencent Holdings Limited 254900N4SLUMW4XUYY11 TENCNT 2.985 01/19/23 144A 88032WAE6 305000 PA USD 309705.11 0.1492331190 Long DBT CORP KY Y 2 2023-01-19 Fixed 2.985000000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 MS 3.875 01/27/26 GMTN 61746BDZ6 125000 PA USD 134261.64 0.0646947133 Long DBT CORP US N 2 2026-01-27 Fixed 3.875000000000 N N N N N N Bank 2019-Bnk16 N/A BANK 2019-BN16 A4 065405AE2 1000000 PA USD 1109150 0.5344500579 Long ABS-O CORP US N 2 2052-02-16 Floating 4.005000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AL4908 3138EMN23 213038.35 PA USD 227997.72 0.1098619615 Long ABS-MBS USGSE US N 2 2044-02-01 Fixed 4.000000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG Q63667 3132VQCD6 380015.06 PA USD 401315.95 0.1933763086 Long ABS-MBS USGSE US N 2 2049-05-01 Fixed 4.500000000000 N N N N N N Bank of America Corporation 9DJT3UXIJIZJI4WXO774 BAC 6.11 01/29/37 59022CAJ2 360000 PA USD 486622.57 0.2344817750 Long DBT CORP US N 2 2037-01-29 Fixed 6.110000000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 MS 4.35 09/08/26 GMTN 6174467Y9 90000 PA USD 98449.54 0.0474384550 Long DBT CORP US N 2 2026-09-08 Fixed 4.350000000000 N N N N N N Apache Corporation 72ZZ1XRHOOU9P9X16K08 APA 4.25 01/15/44 037411BC8 275000 PA USD 253627.76 0.1222119380 Long DBT CORP US N 2 2044-01-15 Fixed 4.250000000000 N N N N N N Exelon Corporation 3SOUA6IRML7435B56G12 EXC 5.625 06/15/35 30161NAC5 380000 PA USD 470657.39 0.2267888647 Long DBT CORP US N 2 2035-06-15 Fixed 5.625000000000 N N N N N N Brixmor Operating Partnership LP 549300CJHBL7JBUA6503 BRX 3.85 02/01/25 11120VAA1 385000 PA USD 404395.31 0.1948601153 Long DBT CORP US N 2 2025-02-01 Fixed 3.850000000000 N N N N N N Shire Acquisitions Investments Ireland DAC 549300XK5HGW68R8K327 TACHEM 3.2 09/23/26 82481LAD1 125000 PA USD 128824.32 0.0620747106 Long DBT CORP IE N 2 2026-09-23 Fixed 3.200000000000 N N N N N N Kinder Morgan, Inc. 549300WR7IX8XE0TBO16 KMI 4.3 03/01/28 49456BAP6 500000 PA USD 545208.48 0.2627117195 Long DBT CORP US N 2 2028-03-01 Fixed 4.300000000000 N N N N N N Keysight Technologies, Inc. 549300GLKVIO8YRCYN02 KEYS 4.55 10/30/24 49338LAB9 83000 PA USD 90461.57 0.0435894075 Long DBT CORP US N 2 2024-10-30 Fixed 4.550000000000 N N N N N N Lowes Companies, Inc. WAFCR4OKGSC504WU3E95 LOW 3.65 04/05/29 548661DR5 855000 PA USD 914440.54 0.4406282284 Long DBT CORP US N 2 2029-04-05 Fixed 3.650000000000 N N N N N N Reinsurance Group of America, Incorporated LORM1GNEU1DKEW527V90 RGA 4.7 09/15/23 MTN 759351AL3 369000 PA USD 400316.68 0.1928948048 Long DBT CORP US N 2 2023-09-15 Fixed 4.700000000000 N N N N N N Synchrony Financial 549300RS7EWPM9MA6C78 SYF 5.15 03/19/29 87165BAP8 115000 PA USD 130857.26 0.0630542940 Long DBT CORP US N 2 2029-03-19 Fixed 5.150000000000 N N N N N N Constellation Brands, Inc. 5493005GKEG8QCVY7037 STZ 4.75 12/01/25 21036PAP3 405000 PA USD 451384.01 0.2175018801 Long DBT CORP US N 2 2025-12-01 Fixed 4.750000000000 N N N N N N Flex Limited 549300EAQH74YHD07T53 FLEX 4.75 06/15/25 33938EAU1 375000 PA USD 408394.44 0.1967871181 Long DBT CORP SG N 2 2025-06-15 Fixed 4.750000000000 N N N N N N D.R. Horton, Inc. 529900ZIUEYVSB8QDD25 DHI 5.75 08/15/23 23331ABH1 335000 PA USD 370342.79 0.1784517203 Long DBT CORP US N 2 2023-08-15 Fixed 5.750000000000 N N N N N N Waste Management, Inc. 549300YX8JIID70NFS41 WM 3.45 06/15/29 94106LBG3 180000 PA USD 192772.08 0.0928882922 Long DBT CORP US N 2 2029-06-15 Fixed 3.450000000000 N N N N N N Comcast Corporation 51M0QTTNCGUN7KFCFZ59 CMCSA 4.7 10/15/48 20030NCM1 600000 PA USD 740859.51 0.3569872497 Long DBT CORP US N 2 2048-10-15 Fixed 4.700000000000 N N N N N N Shell International Finance B.V. 213800ITMMKU4Z7I4F78 RDSALN 4.375 05/11/45 822582BF8 250000 PA USD 298454.59 0.1438119938 Long DBT CORP NL N 2 2045-05-11 Fixed 4.375000000000 N N N N N N NISSAN AUTO RECEIVABLES OWNER TRUST N/A NAROT 2019-C A3 65479JAD5 1345000 PA USD 1345534.37 0.6483531731 Long ABS-O CORP US N 2 2024-07-15 Fixed 1.930000000000 N N N N N N Comcast Corporation 51M0QTTNCGUN7KFCFZ59 CMCSA 3.45 02/01/50 20030NCZ2 375000 PA USD 384445.84 0.1852473529 Long DBT CORP US N 2 2050-02-01 Fixed 3.450000000000 N N N N N N Sunoco Logistics Partners Operations L.P. 5493006LL0CKP8WQW329 ETP 3.9 07/15/26 86765BAT6 435000 PA USD 451918.34 0.2177593499 Long DBT CORP US N 2 2026-07-15 Fixed 3.900000000000 N N N N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 MS 3.625 01/20/27 61746BEF9 165000 PA USD 175694.34 0.0846592888 Long DBT CORP US N 2 2027-01-20 Fixed 3.625000000000 N N N N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 BABA 3.4 12/06/27 01609WAT9 345000 PA USD 359459.7 0.1732076432 Long DBT CORP KY N 2 2027-12-06 Fixed 3.400000000000 N N N N N N TransCanada Pipelines Limited 5BV01I6231JPDAPMGH09 TRPCN V0 05/15/67 89352HAC3 215000 PA USD 179873.28 0.0866729341 Long DBT CORP CA N 2 2067-05-15 Floating 4.119880000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AC6118 31417SYQ7 162239.95 PA USD 176064.83 0.0848378115 Long ABS-MBS USGSE US N 2 2039-11-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AD0915 31418NAR1 85072.63 PA USD 95561.91 0.0460470345 Long ABS-MBS USGSE US N 2 2038-12-01 Fixed 5.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AB1470 31416WT44 168077.97 PA USD 182533.11 0.0879545879 Long ABS-MBS USGSE US N 2 2040-09-01 Fixed 4.500000000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 G2 MA4068 36179SQV2 1139439.85 PA USD 1176186.92 0.5667521683 Long ABS-MBS USGA US N 2 2046-11-20 Fixed 3.000000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN FM1472 3140X4T63 269296.26 PA USD 279156.3 0.1345130061 Long ABS-MBS USGSE US N 2 2034-03-01 Fixed 3.500000000000 N N N N N N Federal Home Loan Mortgage Corporation B1V7KEBTPIMZEU4LTD58 3.000 2032-02-01 USD 3132CWCV4 354724.8 PA USD 364804.01 0.1757828285 Long ABS-MBS USGA US N 2 2032-02-01 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS7694 3138WHRQ7 936170.53 PA USD 950545.78 0.4580257379 Long ABS-MBS USGSE US N 2 2031-08-01 Fixed 2.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS7568 3138WHMS8 1561352.34 PA USD 1660978.17 0.8003515116 Long ABS-MBS USGSE US N 2 2046-07-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BC0326 3140EULG2 1568493.51 PA USD 1637410.57 0.7889953333 Long ABS-MBS USGSE US N 2 2045-12-01 Fixed 3.500000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN BM5984 3140JAUJ5 302296.79 PA USD 323228.75 0.1557495597 Long ABS-MBS USGSE US N 2 2049-05-01 Fixed 5.000000000000 N N N N N N Broadridge Financial Solutions Inc. N/A BR 2.9 12/01/29 11133TAD5 236000 PA USD 235783.97 0.1136138091 Long DBT CORP US N 2 2029-12-01 Fixed 2.900000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FH 1B3575 3128JN2H7 4635.12 PA USD 4684.97 0.0022574787 Long ABS-MBS USGSE US N 2 2037-09-01 Variable 4.045000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG G01954 3128LXE30 71453.52 PA USD 78833.28 0.0379862517 Long ABS-MBS USGSE US N 2 2035-11-01 Fixed 5.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AD6929 31418UVX9 101741.88 PA USD 112015.01 0.0539750517 Long ABS-MBS USGSE US N 2 2040-06-01 Fixed 5.000000000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 GN 633627 36291N4L2 2768.15 PA USD 2969.28 0.0014307640 Long ABS-MBS USGA US N 2 2034-09-15 Fixed 5.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN MA2864 31418CFE9 1035241.33 PA USD 1075113.6 0.5180494304 Long ABS-MBS USGSE US N 2 2047-01-01 Fixed 3.500000000000 N N N N N N Duke Energy Corp I1BZKREC126H0VB1BL91 DUK 4.2 06/15/49 26441CBF1 500000 PA USD 552861.23 0.2663992394 Long DBT CORP US N 2 2049-06-15 Fixed 4.200000000000 N N N N N N Imperial Brands Finance Plc 2138008L3B3MCG1DFS50 IMBLN 3.125 07/26/24 144A 45262BAA1 170000 PA USD 171700.86 0.0827350084 Long DBT CORP GB Y 2 2024-07-26 Fixed 3.125000000000 N N N N N N DBJPM 2016-SFC MORTGAGE TRUST N/A DBJPM 2016-C3 A5 23312VAF3 1000000 PA USD 1022898 0.4928890550 Long ABS-O CORP US N 2 2049-08-12 Fixed 2.890000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN BM5745 3140JAL30 1926795.68 PA USD 2040460.96 0.9832073914 Long ABS-MBS USGSE US N 2 2046-06-01 Fixed 4.000000000000 N N N N N N BANK MONTREAL QUE NQQ6HPCNCCU6TUTQYE16 BMO V4.8 PERP 06368B5P9 415000 PA USD 427450 0.2059691451 Long DBT CORP CA N 2 2500-12-31 Fixed 4.800000000000 N N N N N N Synchrony Financial 549300RS7EWPM9MA6C78 SYF 2.85 07/25/22 87165BAQ6 170000 PA USD 172100.75 0.0829276976 Long DBT CORP US N 2 2022-07-25 Fixed 2.850000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 890384 31410LFZ0 11258.77 PA USD 12261.8 0.0059084161 Long ABS-MBS USGSE US N 2 2041-10-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AB9522 31417GSL1 937895.11 PA USD 988637.56 0.4763804726 Long ABS-MBS USGSE US N 2 2043-05-01 Fixed 3.500000000000 N N N N N N Wells Fargo & Company PBLD0EJDB5FWOLXP3B76 WFC 4.15 01/24/29 MTN 95000U2D4 500000 PA USD 556981.91 0.2683848118 Long DBT CORP US N 2 2029-01-24 Fixed 4.150000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS6520 3138WGG65 942632.1 PA USD 984138.31 0.4742124841 Long ABS-MBS USGSE US N 2 2046-01-01 Fixed 3.500000000000 N N N N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 JPM 3.375 05/01/23 46625HJJ0 365000 PA USD 379302.95 0.1827692229 Long DBT CORP US N 2 2023-05-01 Fixed 3.375000000000 N N N N N N PPL Capital Funding Inc. N/A PPL 4 09/15/47 69352PAM5 410000 PA USD 419872.63 0.2023179474 Long DBT CORP US N 2 2047-09-15 Fixed 4.000000000000 N N N N N N Steelcase Inc GIE4CCPBJDI8SMV1OX95 SCS 5.125 01/18/29 858155AE4 680000 PA USD 769323.2 0.3707026360 Long DBT CORP US N 2 2029-01-18 Fixed 5.125000000000 N N N N N N Ares Capital Corporation WEQ82666OJYSI5GUAB47 ARCC 4.25 03/01/25 04010LAV5 215000 PA USD 224662.22 0.1082547324 Long DBT CORP US N 2 2025-03-01 Fixed 4.250000000000 N N N N N N JPMorgan Chase & Co. 8I5DZWZKVSZI1NUHU748 JPM V5 PERP FF 48128BAF8 685000 PA USD 712400 0.3432738775 Long DBT CORP US N 2 2500-12-31 Fixed 5.000000000000 N N N N N N M&T Bank Corporation 549300WYXDDBYRASEG81 MTB V5 PERP G 55261FAL8 415000 PA USD 434193.75 0.2092186583 Long DBT CORP US N 2 2500-12-31 Fixed 5.000000000000 N N N N N N Occidental Petroleum Corporation IM7X0T3ECJW4C1T7ON55 OXY 2.9 08/15/24 674599CW3 380000 PA USD 386208.99 0.1860969364 Long DBT CORP US N 2 2024-08-15 Fixed 2.900000000000 N N N N N N Discover Financial Services Z1YLO2USPORE63VVUL20 DFS 4.5 01/30/26 254709AP3 410000 PA USD 448211.66 0.2159732657 Long DBT CORP US N 2 2026-01-30 Fixed 4.500000000000 N N N N N N RPM International Inc. 549300TJCKW4BRXPJ474 RPM 4.55 03/01/29 749685AX1 260000 PA USD 281751.28 0.1357634115 Long DBT CORP US N 2 2029-03-01 Fixed 4.550000000000 N N N N N N Paypal Holdings Incorporation 5493005X2GO78EFZ3E94 PYPL 2.85 10/01/29 70450YAE3 240000 PA USD 242229.42 0.1167195849 Long DBT CORP US N 2 2029-10-01 Fixed 2.850000000000 N N N N N N Wells Fargo & Company PBLD0EJDB5FWOLXP3B76 WFC 4.1 06/03/26 MTN 94974BFY1 85000 PA USD 91664.68 0.0441691327 Long DBT CORP US N 2 2026-06-03 Fixed 4.100000000000 N N N N N N Kaiser Foundation Hospitals/Health Plan, Inc. DW4Z57L3G4IRMHYZYK62 KPERM 3.266 11/01/49 2019 48305QAE3 305000 PA USD 306125.48 0.1475082545 Long DBT CORP US N 2 2049-11-01 Fixed 3.266000000000 N N N N N N Boardwalk Pipelines LP 549300W6AQ2GHHCGL606 BWP 4.8 05/03/29 096630AG3 240000 PA USD 257272.5 0.1239681761 Long DBT CORP US N 2 2029-05-03 Fixed 4.800000000000 N N N N N N American Express Company R4PP93JZOLY261QX3811 AXP 3.125 05/20/26 025816CF4 475000 PA USD 494059.92 0.2380655032 Long DBT CORP US N 2 2026-05-20 Fixed 3.125000000000 N N N N N N Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc 5493002J2SVENP0PVK27 ABIBB 4.9 02/01/46 * 03522AAJ9 415000 PA USD 492240.85 0.2371889742 Long DBT CORP US N 2 2046-02-01 Fixed 4.900000000000 N N N N N N Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc 5493002J2SVENP0PVK27 ABIBB 3.65 02/01/26 * 03522AAG5 555000 PA USD 591942.21 0.2852306256 Long DBT CORP US N 2 2026-02-01 Fixed 3.650000000000 N N N N N N EPR Properties 549300YSSXFHMPOWZ492 EPR 4.5 06/01/27 26884UAD1 410000 PA USD 438957.5 0.2115140975 Long DBT CORP US N 2 2027-06-01 Fixed 4.500000000000 N N N N N N Visa Inc 549300JZ4OKEHW3DPJ59 V 4.15 12/14/35 92826CAE2 711000 PA USD 838692.45 0.4041285926 Long DBT CORP US N 2 2035-12-14 Fixed 4.150000000000 N N N N N N FS KKR Capital Corp 549300TYRSI1T21B1360 FSK 4.125 02/01/25 302635AE7 635000 PA USD 643967.18 0.3102991450 Long DBT CORP US N 2 2025-02-01 Fixed 4.125000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AS3473 3138WC2F9 1212716.89 PA USD 1284980.63 0.6191750188 Long ABS-MBS USGSE US N 2 2044-10-01 Fixed 4.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 535714 31384WDT4 4846.11 PA USD 5444.18 0.0026233082 Long ABS-MBS USGSE US N 2 2031-01-01 Fixed 7.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 712130 31401MEB3 7836.11 PA USD 9058.65 0.0043649606 Long ABS-MBS USGSE US N 2 2033-06-01 Fixed 7.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 555599 31385XGG6 13125.44 PA USD 15209.54 0.0073288009 Long ABS-MBS USGSE US N 2 2033-04-01 Fixed 7.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BD7081 3140FE2P8 1597460.23 PA USD 1681304.42 0.8101458275 Long ABS-MBS USGSE US N 2 2047-03-01 Fixed 4.000000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN CA3308 3140QAVA5 651312.09 PA USD 672517.11 0.3240560865 Long ABS-MBS USGSE US N 2 2049-04-01 Fixed 3.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AH9109 3138ABDP1 12580.99 PA USD 13685.2 0.0065942893 Long ABS-MBS USGSE US N 2 2041-04-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AL8352 3138ETH66 2078548.85 PA USD 2140498.73 1.0314111438 Long ABS-MBS USGSE US N 2 2044-10-01 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FNR 2019-51 JH 3136B5S71 964930.36 PA USD 973287.14 0.4689837879 Long ABS-O USGSE US N 2 2049-06-25 Fixed 2.500000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG G60948 31335BBR6 322569.75 PA USD 330971.25 0.1594803261 Long ABS-MBS USGSE US N 2 2047-01-01 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BM2000 3140J6GJ0 1104822.03 PA USD 1146967.01 0.5526723932 Long ABS-MBS USGSE US N 2 2047-05-01 Fixed 3.500000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN BM5969 3140JAT32 1846359.88 PA USD 1901343.68 0.9161729611 Long ABS-MBS USGSE US N 2 2046-11-01 Fixed 3.000000000000 N N N N N N Fnma Pass-Thru I B1V7KEBTPIMZEU4LTD58 FN BM5996 3140JAUW6 264605.14 PA USD 282918.04 0.1363256213 Long ABS-MBS USGSE US N 2 2048-12-01 Fixed 5.000000000000 N N N N N N Anthem Inc 8MYN82XMYQH89CTMTH67 ANTM 4.65 01/15/43 94973VBB2 380000 PA USD 428754.29 0.2065976244 Long DBT CORP US N 2 2043-01-15 Fixed 4.650000000000 N N N N N N HCA Inc. L3CJ6J7LJ2DX62FTXD46 HCA 5.125 06/15/39 404119BY4 720000 PA USD 793587.2 0.3823943786 Long DBT CORP US N 2 2039-06-15 Fixed 5.125000000000 N N N N N N British Telecommunications plc 549300OWFMSO9NYV4H90 BRITEL 5.125 12/04/28 111021AL5 430000 PA USD 494361.02 0.2382105899 Long DBT CORP GB N 2 2028-12-04 Fixed 5.125000000000 N N N N N N Amphenol Corporation 549300D3L3G0R4U4VT04 APH 2.8 02/15/30 032095AJ0 505000 PA USD 500288.37 0.2410667162 Long DBT CORP US N 2 2030-02-15 Fixed 2.800000000000 N N N N N N Discover Bank X05BVSK68TQ7YTOSNR22 DFS 2.45 09/12/24 25466AAQ4 410000 PA USD 409266.83 0.1972074841 Long DBT CORP US N 2 2024-09-12 Fixed 2.450000000000 N N N N N N Occidental Petroleum Corporation IM7X0T3ECJW4C1T7ON55 OXY 5.55 03/15/26 674599DC6 175000 PA USD 198469.44 0.0956335966 Long DBT CORP US N 2 2026-03-15 Fixed 5.550000000000 N N N N N N Ameren Corporation XRZQ5S7HYJFPHJ78L959 AEE 2.5 09/15/24 023608AH5 390000 PA USD 391739.72 0.1887619493 Long DBT CORP US N 2 2024-09-15 Fixed 2.500000000000 N N N N N N Reynolds American Inc. 02S2RPPVO9RP4NEU2740 BATSLN 5.85 08/15/45 761713BB1 310000 PA USD 355784.82 0.1714368820 Long DBT CORP US N 2 2045-08-15 Fixed 5.850000000000 N N N N N N AT&T Inc 549300Z40J86GGSTL398 T 4.1 02/15/28 * 00206RGL0 535000 PA USD 582159.48 0.2805167631 Long DBT CORP US N 2 2028-02-15 Fixed 4.100000000000 N N N N N N Packaging Corporation of America 549300XZP8MFZFY8TJ84 PKG 3.4 12/15/27 695156AT6 125000 PA USD 130894.87 0.0630724166 Long DBT CORP US N 2 2027-12-15 Fixed 3.400000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG C02790 31292KC39 93120.45 PA USD 109184.41 0.0526111114 Long ABS-MBS USGSE US N 2 2037-04-01 Fixed 6.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN 893082 31410PFX6 42536.41 PA USD 44987.99 0.0216777116 Long ABS-MBS USGSE US N 2 2036-09-01 Variable 4.356000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AD1645 31418NZK9 15219.27 PA USD 16750.73 0.0080714318 Long ABS-MBS USGSE US N 2 2040-03-01 Fixed 5.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AH1507 3138A2U98 187364.83 PA USD 203491.87 0.0980536823 Long ABS-MBS USGSE US N 2 2040-12-01 Fixed 4.500000000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 GN 604183 36200MFY4 2989.98 PA USD 3353.79 0.0016160422 Long ABS-MBS USGA US N 2 2033-04-15 Fixed 5.500000000000 N N N N N N Federal Home Loan Mortgage Corporation S6XOOCT0IEG5ABCC6L87 FG G61670 31335B2B1 1816660.18 PA USD 1865582.55 0.8989412630 Long ABS-MBS USGSE US N 2 2047-05-01 Fixed 3.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN AD7775 31418VT93 350032.08 PA USD 387322.19 0.1866333380 Long ABS-MBS USGSE US N 2 2040-08-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN BJ0686 3140H1XQ8 818490 PA USD 858196.99 0.4135269630 Long ABS-MBS USGSE US N 2 2048-04-01 Fixed 4.000000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN MA3184 31418CRE6 1577838.54 PA USD 1666811.53 0.8031623484 Long ABS-MBS USGSE US N 2 2047-11-01 Fixed 4.500000000000 N N N N N N Federal National Mortgage Association B1V7KEBTPIMZEU4LTD58 FN MA3211 31418CR97 1962638.31 PA USD 2059563.03 0.9924118294 Long ABS-MBS USGSE US N 2 2047-12-01 Fixed 4.000000000000 N N N N N N Westpac Banking Corporation EN5TNI6CI43VEPAMHL14 WSTP V4.11 07/24/34 961214EF6 290000 PA USD 304019.84 0.1464936403 Long DBT CORP AU N 2 2034-07-24 Fixed 4.110000000000 N N N N N N Las Vegas Sands Corp 549300DUOO1KXOHPM605 LVS 3.9 08/08/29 517834AF4 163000 PA USD 170195.92 0.0820098447 Long DBT CORP US N 2 2029-08-08 Fixed 3.900000000000 N N N N N N Owens Corning JO5M6676RDJIZ2U8X907 OC 3.95 08/15/29 690742AJ0 132000 PA USD 137404.44 0.0662090889 Long DBT CORP US N 2 2029-08-15 Fixed 3.950000000000 N N N N N N Citigroup Inc. 6SHGI4ZSSLCXXQSBB395 C 3.4 05/01/26 172967KN0 415000 PA USD 436029.05 0.2101030077 Long DBT CORP US N 2 2026-05-01 Fixed 3.400000000000 N N N N N N Capital One Multi Asset Execution Trust R42WS16M9R97TJJKGU15 COMET 2019-A2 A2 14041NFU0 2100000 PA USD 2093554.26 1.0087906915 Long ABS-O CORP US N 2 2024-08-15 Fixed 1.720000000000 N N N N N N CVS Health Corp 549300EJG376EN5NQE29 CVS 3.7 03/09/23 126650CV0 385000 PA USD 401299.37 0.1933683195 Long DBT CORP US N 2 2023-03-09 Fixed 3.700000000000 N N N N N N Weyerhaeuser Company 08IRJODWFYBI7QWRGS31 WY 4 11/15/29 962166BX1 415000 PA USD 449272.34 0.2164843602 Long DBT CORP US N 2 2029-11-15 Fixed 4.000000000000 N N N N N N Verizon Communications Inc. 2S72QS2UO2OESLG6Y829 VZ 4.4 11/01/34 92343VCQ5 570000 PA USD 660776.19 0.3183986593 Long DBT CORP US N 2 2034-11-01 Fixed 4.400000000000 N N N N N N KLA Corporation 549300H0BF5JCG96TJ81 KLAC 4.125 11/01/21 482480AD2 210000 PA USD 217178.25 0.1046485401 Long DBT CORP US N 2 2021-11-01 Fixed 4.125000000000 N N N N N N Dell International L.L.C. and EMC Corporation N/A DELL 5.45 06/15/23 144A 25272KAG8 215000 PA USD 233218.97 0.1123778497 Long DBT CORP US Y 2 2023-06-15 Fixed 5.450000000000 N N N N N N The Charles Schwab Corporation 549300VSGCJ7E698NM85 SCHW V5 PERP F 808513AR6 215000 PA USD 226287.5 0.1090378826 Long DBT CORP US N 2 2500-12-31 Fixed 5.000000000000 N N N N N N Rogers Communications Inc. 54930030NVF3Y2OL0A78 RCICN 3.7 11/15/49 775109BP5 380000 PA USD 383611.03 0.1848450951 Long DBT CORP CA N 2 2049-11-15 Fixed 3.700000000000 N N N N N N HYUNDAI AUTO RECEIVABLES TRUST N/A HART 2019-B A3 44891JAC2 925000 PA USD 925630.85 0.4460203411 Long ABS-O CORP US N 2 2024-02-15 Fixed 1.940000000000 N N N N N N 2020-01-29 Northern Funds Randal E. Rein Randal E. Rein Treasurer and Principal Financial Officer XXXX