Ab Portfolios NPORT-P AB All Market Total Return Portfolio (Nov 2024 report)

AB All Market Total Return Portfolio

Consolidated Portfolio of Investments

November 30, 2024 (unaudited)

Company	Shares		U.S. $ Value
COMMON STOCKS – 38.1%
Information Technology – 9.4%
Communications Equipment – 0.4%
GCI Liberty, Inc.(a) (b) (c)		2,664	$	0
Juniper Networks, Inc.		35,509		1,275,483
Motorola Solutions, Inc.		855		427,244
				1,702,727
Electronic Equipment, Instruments & Components – 0.3%
Amphenol Corp. - Class A		9,273		673,684
CDW Corp./DE		2,738		481,696
Trimble, Inc.(c)		3,985		290,785
				1,446,165
IT Services – 0.8%
Accenture PLC - Class A		1,526		552,977
Akamai Technologies, Inc.(c)		3,273		307,727
Amdocs Ltd.		5,057		438,543
Gartner, Inc.(c)		1,790		927,095
GoDaddy, Inc. - Class A(c)		696		137,509
Nomura Research Institute Ltd.		7,300		223,530
Twilio, Inc. - Class A(c)		4,930		515,382
VeriSign, Inc.(c)		1,851		346,470
				3,449,233
Semiconductors & Semiconductor Equipment – 2.0%
Analog Devices, Inc.		812		177,057
Applied Materials, Inc.		1,011		176,632
Broadcom, Inc.		10,223		1,656,944
First Solar, Inc.(c)		800		159,416
NVIDIA Corp.		35,130		4,856,723
Qorvo, Inc.(c)		3,402		234,908
QUALCOMM, Inc.		2,291		363,192
Taiwan Semiconductor Manufacturing Co., Ltd.		26,400		822,638
				8,447,510
Software – 4.7%
Adobe, Inc.(c)		882		455,050
Altair Engineering, Inc. - Class A(c)		4,241		447,892
ANSYS, Inc.(c)		3,744		1,314,518
Autodesk, Inc.(c)		1,375		401,362
Cadence Design Systems, Inc.(c)		1,141		350,070
Constellation Software, Inc./Canada		177		598,512
Dassault Systemes SE		4,311		148,802
DocuSign, Inc.(c)		4,958		395,103
Dropbox, Inc. - Class A(c)		12,829		354,850
Fair Isaac Corp.(c)		281		667,383
HashiCorp, Inc. - Class A(c)		37,970		1,276,551
Intuit, Inc.		832		533,919
Manhattan Associates, Inc.(c)		1,188		339,103
Matterport, Inc.(c)		138,199		657,827
Microsoft Corp.		17,537		7,426,218
Oracle Corp.		7,520		1,389,997

1

Company	Shares		U.S. $ Value
Palo Alto Networks, Inc.(c)		1,036	$	401,782
Roper Technologies, Inc.		2,222		1,258,630
SAP SE		2,141		508,414
ServiceNow, Inc.(c)		358		375,700
Smartsheet, Inc. - Class A(c)		9,162		512,614
Trend Micro, Inc./Japan		5,900		325,290
Zoom Communications, Inc. - Class A(c)		4,988		412,458
				20,552,045
Technology Hardware, Storage & Peripherals – 1.2%
Apple, Inc.		18,558		4,404,370
Logitech International SA (REG)		4,053		329,381
NetApp, Inc.		955		117,121
Samsung Electronics Co., Ltd.		12,085		475,221
				5,326,093
				40,923,773
Financials – 6.7%
Banks – 1.9%
Bank of America Corp.		5,605		266,294
Barclays PLC		74,573		249,969
BNP Paribas SA		4,137		247,292
Canadian Imperial Bank of Commerce(d)		6,290		408,296
Citigroup, Inc.		6,750		478,372
CrossFirst Bankshares, Inc.(c)		2,255		39,034
Danske Bank A/S		3,632		104,501
DBS Group Holdings Ltd.		6,890		218,632
First Bancshares, Inc. (The)		11,254		417,974
Heartland Financial USA, Inc.		16,614		1,122,608
ING Groep NV		13,134		202,754
Japan Post Bank Co., Ltd.		33,500		316,986
JPMorgan Chase & Co.		3,191		796,856
KBC Group NV		2,703		195,454
Mitsubishi UFJ Financial Group, Inc.		21,900		261,396
National Bank of Canada		3,740		370,541
NatWest Group PLC		165,470		848,753
Nordea Bank Abp (Stockholm)		18,403		207,875
Oversea-Chinese Banking Corp., Ltd.		48,600		590,718
Royal Bank of Canada		2,196		276,310
Sandy Spring Bancorp, Inc.		915		34,477
Sumitomo Mitsui Financial Group, Inc.		16,500		407,233
				8,062,325
Capital Markets – 1.9%
Ameriprise Financial, Inc.		750		430,478
B3 SA - Brasil Bolsa Balcao		183,300		282,103
Blackrock, Inc.		187		191,264
Cboe Global Markets, Inc.		1,010		218,009
Charles Schwab Corp. (The)		10,581		875,684
CI Financial Corp.		28,497		632,000
CVC Capital Partners PLC(c) (d) (e)		6,029		147,619
Deutsche Bank AG (REG)		10,317		175,474
Euronext NV		1,877		209,430
Goldman Sachs Group, Inc. (The)		2,506		1,525,076
Intermediate Capital Group PLC		19,291		519,856
Julius Baer Group Ltd.		11,909		788,679
London Stock Exchange Group PLC		3,501		501,759

2

Company	Shares		U.S. $ Value
Moody’s Corp.		831	$	415,483
MSCI, Inc.		475		289,574
Singapore Exchange Ltd.		51,100		485,109
State Street Corp.		3,968		390,888
TMX Group Ltd.		10,564		334,037
				8,412,522
Consumer Finance – 0.5%
Discover Financial Services		8,315		1,516,906
Synchrony Financial		6,729		454,342
				1,971,248
Financial Services – 1.3%
Berkshire Hathaway, Inc. - Class B(c)		443		213,978
Corebridge Financial, Inc.		11,193		362,317
Curo Group Holdings Corp.(a) (b) (c)		7,850		35,325
Fiserv, Inc.(c)		4,024		889,143
Mastercard, Inc. - Class A		4,901		2,611,939
Visa, Inc. - Class A		4,651		1,465,437
				5,578,139
Insurance – 1.1%
Ageas SA/NV		6,275		317,187
Allstate Corp. (The)		1,964		407,314
AXA SA		13,905		484,629
Everest Group Ltd.		870		337,177
Fidelity National Financial, Inc.		4,226		267,886
Japan Post Holdings Co., Ltd.		36,600		367,043
Markel Group, Inc.(c)		211		376,196
Marsh & McLennan Cos., Inc.		2,391		557,653
Medibank Pvt Ltd.		85,689		213,998
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (REG)		383		200,412
Poste Italiane SpA(d)		23,324		327,492
Progressive Corp. (The)		641		172,352
Sampo Oyj - Class A(d)		7,100		304,127
T&D Holdings, Inc.		19,500		369,626
Talanx AG		2,699		228,824
				4,931,916
				28,956,150
Health Care – 5.0%
Biotechnology – 0.8%
AbbVie, Inc.		6,416		1,173,679
Alnylam Pharmaceuticals, Inc.(c)		699		176,896
Amgen, Inc.		202		57,140
Avid Bioservices, Inc.(c)		17,186		211,044
Biogen, Inc.(c)		1,312		210,746
BioMarin Pharmaceutical, Inc.(c)		464		30,638
Gilead Sciences, Inc.		8,379		775,728
Incyte Corp.(c)		3,546		264,496
Neurocrine Biosciences, Inc.(c)		2,060		261,105
United Therapeutics Corp.(c)		668		247,487
				3,408,959

3

Company	Shares		U.S. $ Value
Health Care Equipment & Supplies – 0.9%
Cochlear Ltd.		1,474	$	293,502
Cooper Cos., Inc. (The)(c)		7,207		752,843
Demant A/S(c)		2,162		82,785
Hologic, Inc.(c)		4,341		345,109
IDEXX Laboratories, Inc.(c)		542		228,589
Medtronic PLC		10,988		950,902
ResMed, Inc.		1,524		379,506
Surmodics, Inc.(c)		20,485		808,133
				3,841,369
Health Care Providers & Services – 1.3%
Amedisys, Inc.(c)		12,078		1,104,050
Cardinal Health, Inc.		3,083		376,866
Centene Corp.(c)		4,852		291,120
Cigna Group (The)		964		325,639
Elevance Health, Inc.		2,345		954,321
Humana, Inc.		760		225,249
McKesson Corp.		1,899		1,193,522
UnitedHealth Group, Inc.		1,565		954,963
Universal Health Services, Inc. - Class B		1,608		329,640
				5,755,370
Health Care Technology – 0.0%
Nexus AG		1,366		98,737
Life Sciences Tools & Services – 0.3%
Illumina, Inc.(c)		3,033		437,207
IQVIA Holdings, Inc.(c)		3,038		610,152
Thermo Fisher Scientific, Inc.		921		487,789
				1,535,148
Pharmaceuticals – 1.7%
AstraZeneca PLC		1,651		223,454
AstraZeneca PLC (Sponsored ADR)		6,339		428,643
Catalent, Inc.(c)		20,409		1,247,194
Eli Lilly & Co.		1,245		990,211
Johnson & Johnson		186		28,832
Merck & Co., Inc.		5,987		608,519
Novartis AG (REG)		2,135		226,351
Novo Nordisk A/S - Class B		14,248		1,526,955
Revance Therapeutics, Inc.(c)		103,279		372,837
Roche Holding AG (Genusschein)		1,614		468,949
Takeda Pharmaceutical Co., Ltd.		6,600		179,950
Zoetis, Inc.		5,590		979,647
				7,281,542
				21,921,125
Industrials – 4.3%
Aerospace & Defense – 0.3%
Heroux-Devtek, Inc.(c)		18,623		422,062
Huntington Ingalls Industries, Inc.		1,352		267,588
RTX Corp.		3,675		447,725
				1,137,375

4

Company	Shares		U.S. $ Value
Air Freight & Logistics – 0.2%
DSV A/S		3,016	$	645,956
InPost SA(c)		5,836		102,199
				748,155
Building Products – 0.6%
Carlisle Cos., Inc.		460		210,082
Carrier Global Corp.		2,073		160,388
Lennox International, Inc.		577		384,934
Masco Corp.		4,137		333,277
Otis Worldwide Corp.		10,392		1,070,168
Owens Corning		1,980		407,128
ROCKWOOL A/S - Class B		650		237,678
				2,803,655
Commercial Services & Supplies – 0.3%
Brambles Ltd.		26,740		332,923
Cintas Corp.		1,861		420,195
Republic Services, Inc.		769		167,873
Veralto Corp.		3,125		338,094
				1,259,085
Construction & Engineering – 0.3%
AECOM		1,897		221,892
EMCOR Group, Inc.		787		401,465
Shimizu Corp.		49,800		395,970
Stantec, Inc.		5,245		454,313
				1,473,640
Electrical Equipment – 0.6%
Eaton Corp. PLC		2,058		772,615
Exide Technologies(a) (b) (c)		13		3,094
GE Vernova, Inc.(c)		548		183,098
Legrand SA		3,167		317,775
Prysmian SpA		13,022		858,954
Schneider Electric SE		1,226		315,843
				2,451,379
Ground Transportation – 0.1%
Canadian National Railway Co.		3,110		347,286
Uber Technologies, Inc.(c)		2,548		183,354
				530,640
Industrial Conglomerates – 0.1%
Hitachi Ltd.		5,600		141,125
Siemens AG (REG)		1,644		319,359
				460,484
Machinery – 0.4%
Deere & Co.		934		435,151
Marel HF(e)		192,902		890,677
Snap-on, Inc.		1,201		443,998
Volvo AB - Class A		5,933		148,615
				1,918,441

5

Company	Shares		U.S. $ Value
Passenger Airlines – 0.1%
Qantas Airways Ltd.(c)		68,838	$	395,080
Professional Services – 1.2%
Automatic Data Processing, Inc.		6,630		2,034,946
Booz Allen Hamilton Holding Corp.		1,430		211,897
Experian PLC		7,618		364,169
Genpact Ltd.		6,160		284,346
Leidos Holdings, Inc.		1,298		214,689
RELX PLC (Amsterdam)		15,539		731,849
RELX PLC (London)		3,488		164,439
SGS SA (REG)		2,047		203,336
Verisk Analytics, Inc.		1,322		388,946
Wolters Kluwer NV		3,604		601,476
				5,200,093
Transportation Infrastructure – 0.1%
Aena SME SA		1,579		341,967
				18,719,994
Consumer Discretionary – 3.6%
Automobiles – 0.2%
Honda Motor Co., Ltd.		21,000		181,188
Nissan Motor Co., Ltd.(d)		113,600		273,968
Tesla, Inc.(c)		1,134		391,411
				846,567
Broadline Retail – 1.0%
Alibaba Group Holding Ltd.		700		7,645
Alibaba Group Holding Ltd. (Sponsored ADR)		5,131		448,296
Amazon.com, Inc.(c)		15,735		3,271,149
Dollarama, Inc.		186		19,375
Edcon Ltd. Series A(a) (b) (c)		465,862		0
Edcon Ltd. Series B(a) (b) (c)		73,623		0
MercadoLibre, Inc.(c)		193		383,138
				4,129,603
Diversified Consumer Services – 0.2%
Pearson PLC		25,376		398,173
Service Corp. International/US		5,558		492,383
				890,556
Hotels, Restaurants & Leisure – 1.0%
Airbnb, Inc. - Class A(c)		1,046		142,371
Amadeus IT Group SA(d)		4,478		314,492
Bally’s Corp.(c) (d)		6,618		117,337
Booking Holdings, Inc.		104		541,006
Compass Group PLC		19,153		656,253
Darden Restaurants, Inc.		1,168		205,883
Everi Holdings, Inc.(c)		20,297		273,401
Expedia Group, Inc.(c)		2,279		420,749
InterContinental Hotels Group PLC		1,061		132,385
La Francaise des Jeux SACA		2,542		100,525
Marriott International, Inc./MD - Class A		644		186,174
PlayAGS, Inc.(c)		16,746		194,589

6

Company	Shares		U.S. $ Value
Royal Caribbean Cruises Ltd.		202	$	49,300
Yum China Holdings, Inc.		15,163		705,838
Yum! Brands, Inc.		2,493		346,377
				4,386,680
Household Durables – 0.2%
PulteGroup, Inc.		2,593		350,755
Vizio Holding Corp. - Class A(c) (d)		62,468		711,511
				1,062,266
Specialty Retail – 0.7%
AutoZone, Inc.(c)		209		662,434
Burlington Stores, Inc.(c)		573		161,517
Home Depot, Inc. (The)		122		52,354
Industria de Diseno Textil SA(d)		9,137		504,209
Ross Stores, Inc.		1,976		306,023
TJX Cos., Inc. (The)		9,500		1,194,055
				2,880,592
Textiles, Apparel & Luxury Goods – 0.3%
Christian Dior SE		316		184,479
Lululemon Athletica, Inc.(c)		1,096		351,443
NIKE, Inc. - Class B		5,641		444,342
Pandora A/S		2,177		351,269
				1,331,533
				15,527,797
Communication Services – 2.6%
Diversified Telecommunication Services – 0.4%
Comcast Corp. - Class A		10,907		471,073
Consolidated Communications Holdings, Inc.(c)		53,613		250,373
Frontier Communications Parent, Inc.(c)		26,721		930,158
HKT Trust & HKT Ltd. - Class SS		144,000		179,166
				1,830,770
Entertainment – 0.6%
Electronic Arts, Inc.		5,640		923,099
Endeavor Group Holdings, Inc. - Class A(d)		21,749		660,517
Netflix, Inc.(c)		988		876,168
Sea Ltd. (ADR)(c)		3,736		425,157
				2,884,941
Interactive Media & Services – 1.4%
Alphabet, Inc. - Class A		4,428		748,111
Alphabet, Inc. - Class C		14,598		2,488,813
Auto Trader Group PLC		31,687		338,477
LY Corp.		117,800		325,054
Meta Platforms, Inc. - Class A		2,948		1,693,095
Rightmove PLC		27,670		227,489
Scout24 SE		2,285		206,032
				6,027,071
Media – 0.2%
Fox Corp. - Class B		8,573		383,470

7

Company	Shares		U.S. $ Value
Informa PLC		17,256	$	188,249
New York Times Co. (The) - Class A		3,821		207,328
				779,047
				11,521,829
Consumer Staples – 2.3%
Beverages – 0.7%
Asahi Group Holdings Ltd.		59,017		643,730
Carlsberg AS - Class B		4,264		439,940
Coca-Cola Co. (The)		16,079		1,030,342
Constellation Brands, Inc. - Class A		2,778		669,359
Pernod Ricard SA		2,080		233,033
				3,016,404
Consumer Staples Distribution & Retail – 0.6%
Albertsons Cos., Inc. - Class A		55,576		1,103,184
Costco Wholesale Corp.		58		56,369
Koninklijke Ahold Delhaize NV		7,814		269,605
Loblaw Cos., Ltd.		2,012		261,120
Tesco PLC		132,341		617,302
Walmart, Inc.		3,911		361,767
				2,669,347
Food Products – 0.4%
Bunge Global SA		452		40,562
Kellanova		13,963		1,135,052
Tyson Foods, Inc. - Class A		5,889		379,841
				1,555,455
Household Products – 0.3%
Clorox Co. (The)		2,179		364,263
Essity AB - Class B		11,581		319,013
Kimberly-Clark Corp.		2,410		335,834
Procter & Gamble Co. (The)		2,128		381,465
Southeastern Grocers, Inc.(a) (b) (c)		8,714		8,714
				1,409,289
Personal Care Products – 0.1%
Haleon PLC		39,861		190,142
Unilever PLC (London)		6,839		409,532
				599,674
Tobacco – 0.2%
Imperial Brands PLC		11,821		386,621
Philip Morris International, Inc.		3,321		441,893
				828,514
				10,078,683
Materials – 1.7%
Chemicals – 1.0%
Arcadium Lithium PLC(c)		150,425		789,731
Covestro AG(c)		12,835		782,878
DSM-Firmenich AG		2,767		303,938
Eastman Chemical Co.		228		23,876
Ecolab, Inc.		1,741		433,109

8

Company	Shares		U.S. $ Value
Evonik Industries AG		2,227	$	40,942
Linde PLC		508		234,183
Mitsubishi Chemical Group Corp.		56,300		296,200
RPM International, Inc.		2,642		366,657
Sherwin-Williams Co. (The)		1,632		648,557
Sumitomo Chemical Co., Ltd.		115,100		279,288
				4,199,359
Construction Materials – 0.1%
Summit Materials, Inc. - Class A(c)		5,669		288,779
Containers & Packaging – 0.2%
Berry Global Group, Inc.		3,804		275,067
CCL Industries, Inc. - Class B		5,801		321,571
Smurfit WestRock PLC		9,614		528,962
				1,125,600
Metals & Mining – 0.4%
Gatos Silver, Inc.(c)		12,079		186,741
Kinross Gold Corp.		35,763		350,209
SilverCrest Metals, Inc.(c)		2,739		27,856
Teck Resources Ltd. - Class B		7,894		368,580
United States Steel Corp.(d)		15,715		640,701
Universal Stainless & Alloy Products, Inc.(c)		4,749		210,951
				1,785,038
				7,398,776
Energy – 1.1%
Energy Equipment & Services – 0.5%
Artsonig Pty Ltd.(a) (b) (c)		51,133		0
Baker Hughes Co.		2,844		124,994
ChampionX Corp.		38,919		1,204,543
CHC Group LLC(a) (b) (c)		1,138		0
Schlumberger NV		13,461		591,476
				1,921,013
Oil, Gas & Consumable Fuels – 0.6%
Chevron Corp.		1,327		214,881
Equinor ASA		8,995		218,016
Exxon Mobil Corp.		1,263		148,984
HF Sinclair Corp.		6,040		247,217
Inpex Corp.		24,200		317,165
Keyera Corp.		8,035		264,974
Shell PLC		31,400		1,009,104
TotalEnergies SE		5,478		318,382
				2,738,723
				4,659,736
Utilities – 0.9%
Electric Utilities – 0.5%
ALLETE, Inc.		9,659		626,676
American Electric Power Co., Inc.		4,054		404,833
Avangrid, Inc.		3,741		135,050
Enel SpA		49,706		357,957
NRG Energy, Inc.		3,899		396,177

9

Company	Shares			U.S. $ Value
Origin Energy Ltd.			51,256	$	364,145
					2,284,838
Independent Power and Renewable Electricity Producers – 0.1%
Atlantica Sustainable Infrastructure PLC			14,580		319,885
Encavis AG(c)			6,042		111,700
					431,585
Multi-Utilities – 0.3%
Centrica PLC			215,500		349,505
Consolidated Edison, Inc.			2,794		281,049
DTE Energy Co.			2,731		343,505
National Grid PLC			16,764		211,606
					1,185,665
					3,902,088
Real Estate – 0.5%
Real Estate Management & Development – 0.2%
CBRE Group, Inc. - Class A(c)			3,161		442,508
Mitsui Fudosan Co., Ltd.			23,500		197,007
Vonovia SE			5,466		181,306
					820,821
Retail REITs – 0.1%
Klepierre SA			6,847		206,956
Specialized REITs – 0.2%
American Tower Corp.			2,912		608,608
VICI Properties, Inc.			11,111		362,330
					970,938
					1,998,715
Total Common Stocks (cost $127,517,125)					165,608,666
	Principal Amount (000)
GOVERNMENTS – TREASURIES – 22.3%
Australia – 0.1%
Australia Government Bond Series 150 3.00%, 03/21/2047(e)		AUD	525		260,196
Austria – 0.4%
Republic of Austria Government Bond
0.01%, 02/20/2031(e)		EUR	1,278		1,169,785
0.90%, 02/20/2032(e)			800		762,010
					1,931,795

10

	Principal Amount (000)			U.S. $ Value
Belgium – 0.1%
Kingdom of Belgium Government Bond Series 60 4.25%, 03/28/2041(e)		EUR	532	$	651,405
Colombia – 0.4%
Colombian TES
Series B 6.25%, 07/09/2036		COP	371,400		57,633
7.25%, 10/26/2050			1,333,600		193,969
13.25%, 02/09/2033			5,080,300		1,297,153
					1,548,755
Finland – 0.4%
Finland Government Bond 2.50%, 04/15/2030(e)		EUR	1,520		1,625,245
France – 1.5%
French Republic Government Bond OAT
Series OAT 2.75%, 02/25/2030(e)			2,791		2,980,858
3.00%, 11/25/2034(e)			2,126		2,265,297
3.50%, 11/25/2033(e)			1,069		1,188,545
					6,434,700
Germany – 0.5%
Bundesobligation Series 189 2.10%, 04/12/2029(e)			1,488		1,584,115
Bundesrepublik Deutschland Bundesanleihe 3.25%, 07/04/2042(e)			585		700,403
					2,284,518
Italy – 0.6%
Italy Buoni Poliennali Del Tesoro Series 10Y 4.20%, 03/01/2034(e)			1,656		1,897,658
Series 13Y 4.05%, 10/30/2037(e)			599		674,524
					2,572,182
Japan – 11.7%
Japan Government Five Year Bond Series 161 0.30%, 06/20/2028		JPY	682,400		4,507,858
Japan Government Forty Year Bond
Series 16 1.30%, 03/20/2063			110,950		523,749
Series 4 2.20%, 03/20/2051			161,700		1,094,511
Japan Government Thirty Year Bond Series 82 1.80%, 03/20/2054			399,700		2,427,266

11

	Principal Amount (000)			U.S. $ Value
Japan Government Twenty Year Bond Series 183 1.40%, 12/20/2042		JPY	307,500	$	1,949,079
Japan Treasury Discount Bill
Series 1253 0.00%, 12/02/2024			1,340,000		8,956,321
Series 1261 0.01%, 04/10/2025			1,441,600		9,628,749
Series 1269 0.00%, 02/25/2025			3,250,000		21,716,556
					50,804,089
Mexico – 0.0%
Mexican Bonos Series M 8.00%, 07/31/2053		MXN	5,116		198,580
South Korea – 0.4%
Korea Treasury Bond Series 3312 4.125%, 12/10/2033		KRW	2,015,170		1,596,790
Spain – 0.3%
Spain Government Bond 3.90%, 07/30/2039(e)		EUR	1,309		1,509,053
United Kingdom – 2.1%
United Kingdom Gilt
1.25%, 10/22/2041(e)		GBP	1,401		1,094,880
1.50%, 07/31/2053(e)			625		396,900
1.75%, 09/07/2037(e)			734		695,783
4.125%, 07/22/2029(e)			3,907		4,977,519
4.25%, 07/31/2034(e)			646		822,932
4.375%, 07/31/2054(e)			573		686,092
4.75%, 10/22/2043(e)			339		435,196
					9,109,302
United States – 3.8%
U.S. Treasury Bonds
1.125%, 08/15/2040		U.S.$	3,640		2,289,219
1.25%, 05/15/2050			444		226,513
2.375%, 02/15/2042			2,306		1,727,203
4.625%, 05/15/2044			483		491,600
U.S. Treasury Notes
4.00%, 01/31/2029			1,748		1,740,054
4.25%, 02/28/2029			4,418		4,441,571
4.375%, 05/15/2034			172		174,669
4.875%, 05/31/2026			5,311		5,356,641
					16,447,470
Total Governments - Treasuries (cost $95,934,131)					96,974,080

12

Company			Shares		U.S. $ Value
INVESTMENT COMPANIES – 14.7%
Funds and Investment Trusts – 14.7%(f)
iShares Core International Aggregate Bond ETF				261,584	$	13,675,611
iShares Core MSCI EAFE ETF				344,960		25,406,304
iShares Core MSCI Emerging Markets ETF				295,348		16,040,350
iShares Core S&P 500 ETF				14,380		8,700,907
Total Investment Companies (cost $61,968,818)						63,823,172
	Principal Amount (000)
CORPORATES - INVESTMENT GRADE – 7.2%
Financial Institutions – 3.7%
Banking – 3.2%
ABN AMRO Bank NV
Series E 5.125%, 02/22/2033(e)		EUR		200		221,023
5.50%, 09/21/2033(e)				200		225,136
AIB Group PLC Series E 2.25%, 04/04/2028(e)				382		397,970
Banco Bilbao Vizcaya Argentaria SA 6.138%, 09/14/2028		U.S.$		400		411,580
Banco Santander SA
4.175%, 03/24/2028				200		196,344
Series E 5.75%, 08/23/2033(e)		EUR		200		226,328
Bank of Ireland Group PLC Series E 4.625%, 11/13/2029(e)				346		387,493
Banque Federative du Credit Mutuel SA
1.25%, 06/03/2030(e)				200		190,587
3.875%, 06/16/2032(e)				300		318,883
Barclays PLC
4.506%, 01/31/2033(e)				100		113,055
5.088%, 06/20/2030		U.S.$		202		199,513
Series E 8.407%, 11/14/2032(e)		GBP		141		191,984
BNP Paribas SA
2.159%, 09/15/2029(e)		U.S.$		304		273,953
Series E 2.75%, 07/25/2028(e)		EUR		200		209,921
BPCE SA
2.277%, 01/20/2032(e)		U.S.$		329		274,676
3.116%, 10/19/2032(e)				250		211,388
CaixaBank SA 6.208%, 01/18/2029(e)				455		469,769
Citigroup, Inc. 4.542%, 09/19/2030				415		409,173
Commerzbank AG Series E 4.625%, 01/17/2031(e)		EUR		200		223,980

13

	Principal Amount (000)			U.S. $ Value
Cooperatieve Rabobank UA 3.649%, 04/06/2028(e)		U.S.$	418	$	406,777
Danske Bank A/S
4.613%, 10/02/2030(e)			206		202,459
Series E 4.75%, 06/21/2030(e)		EUR	177		201,140
Deutsche Bank AG 5.375%, 01/11/2029(e)			300		337,828
HSBC Holdings PLC
2.013%, 09/22/2028		U.S.$	295		272,604
6.364%, 11/16/2032(e)		EUR	223		254,369
ING Groep NV
4.125%, 08/24/2033(e)			200		216,416
6.083%, 09/11/2027		U.S.$	200		204,118
Intesa Sanpaolo SpA 3.875%, 07/14/2027(e)			416		403,795
JPMorgan Chase & Co. Series E 4.457%, 11/13/2031(e)		EUR	470		537,509
KBC Group NV Series E 4.875%, 04/25/2033(e)			300		330,901
Lloyds Banking Group PLC Series E 4.75%, 09/21/2031(e)			341		389,947
Mizuho Financial Group, Inc.
3.153%, 07/16/2030		U.S.$	512		475,571
5.382%, 07/10/2030			200		204,178
Morgan Stanley
4.656%, 03/02/2029		EUR	352		392,490
5.424%, 07/21/2034		U.S.$	133		135,603
Nationwide Building Society 3.96%, 07/18/2030(e)			207		197,840
NatWest Group PLC
3.032%, 11/28/2035			239		209,049
Series E 5.763%, 02/28/2034(e)		EUR	173		197,068
Santander UK Group Holdings PLC
2.469%, 01/11/2028		U.S.$	285		270,360
6.534%, 01/10/2029			200		208,438
Societe Generale SA 6.447%, 01/12/2027(e)			384		389,084
Standard Chartered PLC 2.608%, 01/12/2028(e)			424		403,979
Sumitomo Mitsui Trust Bank Ltd. 4.45%, 09/10/2027(e)			273		271,337
Svenska Handelsbanken AB Series E 4.625%, 08/23/2032(e)		GBP	161		200,167
Swedbank AB Series G 3.625%, 08/23/2032(e)		EUR	303		323,602
UBS Group AG 7.75%, 03/01/2029(e)			318		384,790

14

	Principal Amount (000)			U.S. $ Value
UniCredit SpA 1.982%, 06/03/2027(e)		U.S.$	200	$	190,906
Wells Fargo & Co. Series E 1.741%, 05/04/2030(e)		EUR	336		337,169
					13,702,250
Finance – 0.1%
Air Lease Corp. 5.40%, 06/01/2028		CAD	175		130,605
Aviation Capital Group LLC 1.95%, 09/20/2026(e)		U.S.$	215		203,579
					334,184
Insurance – 0.2%
Athene Global Funding
5.454% (SOFR + 0.85%, 05/08/2026(e) (g)			156		155,889
5.526%, 07/11/2031(e)			316		323,935
Credit Agricole Assurances SA 4.75%, 09/27/2048(e)		EUR	100		109,665
Metropolitan Life Global Funding I Series E 4.00%, 04/05/2028(e)			239		263,151
					852,640
REITs – 0.2%
American Tower Corp. 0.875%, 05/21/2029			122		117,850
Annington Funding PLC Series E 3.184%, 07/12/2029(e)		GBP	116		133,213
Digital Intrepid Holding BV 0.625%, 07/15/2031(e)		EUR	390		345,548
Equinix, Inc. 1.00%, 03/15/2033			127		111,957
GLP Capital LP/GLP Financing II, Inc. 4.00%, 01/15/2030		U.S.$	102		95,909
WEA Finance LLC 2.875%, 01/15/2027(e)			212		201,871
					1,006,348
					15,895,422
Industrial – 3.0%
Basic – 0.1%
Smurfit Kappa Treasury ULC 3.454%, 11/27/2032(e)		EUR	319		345,615
Capital Goods – 0.1%
Boeing Co. (The) 5.15%, 05/01/2030		U.S.$	111		110,593

15

	Principal Amount (000)			U.S. $ Value
6.298%, 05/01/2029(e)		U.S.$	131	$	136,617
					247,210
Communications - Media – 0.2%
Cox Communications, Inc.
1.80%, 10/01/2030(e)			166		138,610
5.70%, 06/15/2033(e)			265		268,808
Grupo Televisa SAB 8.50%, 03/11/2032			175		196,492
Interpublic Group of Cos., Inc. (The) 5.375%, 06/15/2033			178		179,543
Warnermedia Holdings, Inc.
4.279%, 03/15/2032(d)			155		140,047
5.141%, 03/15/2052			177		142,457
					1,065,957
Communications - Telecommunications – 0.3%
Bell Telephone Co. of Canada or Bell Canada
4.55%, 02/09/2030		CAD	182		133,110
5.15%, 02/09/2053			188		135,922
5.85%, 11/10/2032			347		271,741
CK Hutchison Group Telecom Finance SA 1.50%, 10/17/2031(e)		EUR	116		106,932
TELUS Corp. Series CAG 5.25%, 11/15/2032		CAD	542		409,105
Vodafone Group PLC 4.20%, 12/13/2027(e)		AUD	210		134,033
					1,190,843
Consumer Cyclical - Automotive – 0.4%
American Honda Finance Corp. Series E 3.65%, 04/23/2031		EUR	225		245,517
Aptiv PLC/Aptiv Global Financing DAC 5.15%, 09/13/2034		U.S.$	414		398,152
General Motors Financial Co., Inc.
Series E 4.00%, 07/10/2030(e)		EUR	100		109,617
4.30%, 02/15/2029(e)			262		288,854
Harley-Davidson Financial Services, Inc.
3.05%, 02/14/2027(e)		U.S.$	183		173,898
5.95%, 06/11/2029(e)			200		202,754
Hyundai Capital America 1.80%, 01/10/2028 (e)			449		410,301
					1,829,093
Consumer Cyclical - Entertainment – 0.1%
Hasbro, Inc.
3.55%, 11/19/2026			333		325,830
6.05%, 05/14/2034			80		82,526
					408,356

16

	Principal Amount (000)			U.S. $ Value
Consumer Cyclical - Other – 0.1%
MDC Holdings, Inc. 6.00%, 01/15/2043		U.S.$	197	$	204,372
PulteGroup, Inc. 7.875%, 06/15/2032			169		197,721
					402,093
Consumer Non-Cyclical – 0.5%
Cencosud SA 5.95%, 05/28/2031(e)			200		202,126
CommonSpirit Health 5.318%, 12/01/2034			337		343,396
CVS Health Corp.
1.75%, 08/21/2030			164		136,755
5.70%, 06/01/2034(d)			267		272,623
Imperial Brands Finance PLC 5.875%, 07/01/2034(e)			267		271,753
Loblaw Cos., Ltd. 6.54%, 02/17/2033(e)		CAD	165		134,344
Metro, Inc./CN 4.657%, 02/07/2033			553		410,412
Molson Coors Beverage Co. 3.80%, 06/15/2032		EUR	305		333,663
Stryker Corp. 3.375%, 12/11/2028			121		131,192
					2,236,264
Energy – 0.6%
BP Capital Markets PLC 3.625%, 03/22/2029(e) (h)			346		358,729
Continental Resources, Inc./OK 5.75%, 01/15/2031(e)		U.S.$	198		199,705
Devon Energy Corp. 7.95%, 04/15/2032			139		159,901
Enbridge, Inc. 6.10%, 11/09/2032		CAD	445		357,370
ONEOK Partners LP 6.65%, 10/01/2036		U.S.$	126		138,939
ONEOK, Inc. 4.40%, 10/15/2029			80		78,654
Raizen Fuels Finance SA 6.45%, 03/05/2034(e)			200		205,000
Schlumberger Finance BV 0.50%, 10/15/2031(e)		EUR	124		110,599
Suncor Energy, Inc. 6.85%, 06/01/2039		U.S.$	181		202,765
TotalEnergies SE Series NC7 1.625%, 10/25/2027(e) (h)		EUR	334		330,895
Var Energi ASA 7.50%, 01/15/2028(e)		U.S.$	245		261,060
					2,403,617

17

	Principal Amount (000)			U.S. $ Value
Other Industrial – 0.1%
LKQ Dutch Bond BV 4.125%, 03/13/2031		EUR	243	$	264,460
Services – 0.1%
Booking Holdings, Inc.
4.50%, 11/15/2031			171		197,638
4.75%, 11/15/2034			168		200,097
					397,735
Technology – 0.3%
Broadcom, Inc. 4.15%, 02/15/2028		U.S.$	104		102,589
Broadridge Financial Solutions, Inc. 2.60%, 05/01/2031			397		345,243
Fidelity National Information Services, Inc. 2.00%, 05/21/2030		EUR	134		134,622
Fiserv, Inc.
1.625%, 07/01/2030			144		141,847
5.625%, 08/21/2033		U.S.$	261		270,957
Honeywell International, Inc. 4.125%, 11/02/2034		EUR	293		332,729
Intel Corp. 1.60%, 08/12/2028		U.S.$	59		52,578
					1,380,565
Transportation - Railroads – 0.0%
Lima Metro Line 2 Finance Ltd. 4.35%, 04/05/2036(e)			209		192,158
Transportation - Services – 0.1%
Heathrow Funding Ltd. 6.45%, 12/10/2031(e)		GBP	192		260,235
Ryder System, Inc. 6.60%, 12/01/2033(d)		U.S.$	361		398,435
					658,670
					13,022,636
Utility – 0.5%
Electric – 0.3%
AltaLink LP 3.99%, 06/30/2042		CAD	116		79,187
Electricite de France SA Series MPLE 5.993%, 05/23/2030(e)			262		201,036
Enel Finance International NV 2.50%, 07/12/2031(e) (i)		U.S.$	274		234,171
Engie Energia Chile SA 6.375%, 04/17/2034(e)			200		202,626
Niagara Energy SAC 5.746%, 10/03/2034(e)			207		201,349
Niagara Mohawk Power Corp. 4.278%, 12/15/2028(e)			343		335,272
					1,253,641

18

	Principal Amount (000)			U.S. $ Value
Natural Gas – 0.1%
Cadent Finance PLC Series E 3.75%, 04/16/2033(e)		EUR	103	$	110,515
Energir, Inc. 6.30%, 10/31/2033		CAD	165		135,668
Grupo Energia Bogota SA ESP 7.85%, 11/09/2033(e)		U.S.$	200		222,500
					468,683
Other Utility – 0.1%
Buffalo Energy Mexico Holdings/Buffalo Energy Infrastructure/Buffalo Energy 7.875%, 02/15/2039(e)			200		208,851
Suez SACA Series E
4.50%, 11/13/2033(e)		EUR	300		340,694
5.00%, 11/03/2032(e)			100		116,625
					666,170
					2,388,494
Total Corporates - Investment Grade (cost $30,906,614)					31,306,552
MORTGAGE PASS-THROUGHS – 4.5%
Agency Fixed Rate 30-Year – 4.5%
Government National Mortgage Association
Series 2019 3.00%, 12/19/2054, TBA		U.S.$	1,919		1,701,412
Series 2020 2.50%, 12/19/2054, TBA			1,675		1,432,125
Series 2022 4.00%, 12/19/2054, TBA			390		366,844
4.50%, 12/19/2054, TBA			4,404		4,249,860
Series 2024 5.00%, 12/15/2054, TBA			3,488		3,438,950
5.50%, 12/15/2054, TBA			5,072		5,078,521
Uniform Mortgage-Backed Security
Series 2020 2.00%, 12/13/2053, TBA			1,398		1,120,803
Series 2024 6.00%, 12/15/2054, TBA			2,038		2,062,356
6.50%, 12/15/2054, TBA			364		372,702
Total Mortgage Pass-Throughs (cost $19,636,989)					19,823,573
COLLATERALIZED LOAN OBLIGATIONS – 1.1%
CLO - Floating Rate – 1.1%
AIMCO CLO Series 2018-AA, Class A 5.929% (CME Term SOFR 3 Month + 1.28%), 04/17/2031(e) (g)			229		228,887

19

	Principal Amount (000)			U.S. $ Value
AMMC CLO 25 Ltd. Series 2022-25A, Class A1R 6.006% (CME Term SOFR 3 Month + 1.35%), 04/15/2035(e) (g)		U.S.$	500	$	500,497
Apidos CLO XV Series 2013-15A, Class BRR 6.429% (CME Term SOFR 3 Month + 1.81%), 04/20/2031(e) (g)			250		250,559
Apidos CLO XXXII Ltd. Series 2019-32A 5.717% (CME Term SOFR 3 Month + 1.10%), 01/20/2033(e) (g)			530		530,795
CIFC Funding Ltd.
Series 2018-3A, Class B 6.494% (CME Term SOFR 3 Month + 1.86%), 07/18/2031(e) (g)			500		501,175
Series 2019-3A, Class A2R 6.559% (CME Term SOFR 3 Month + 1.91%), 10/16/2034(e) (g)			250		250,542
Dryden 113 CLO Ltd. Series 2022-113A, Class BR2 6.267% (CME Term SOFR 3 Month + 1.65%), 10/15/2037(e) (g)			250		250,096
Juniper Valley Park CLO Ltd. Series 2023-1A 5.867% (CME Term SOFR 3 Month + 1.25%), 07/20/2036(e) (g)			260		260,865
Magnetite XXVII Ltd. Series 2020-27A, Class BR 6.429% (CME Term SOFR 3 Month + 1.81%), 10/20/2034(e) (g)			350		350,387
Signal Peak CLO 11 Ltd. Series 2024-11A, Class A1 6.771% (CME Term SOFR 3 Month + 1.45%), 07/18/2037(e) (g)			500		502,956
Voya CLO Ltd.
Series 2013-2A, Class A1R 5.858% (CME Term SOFR 3 Month + 1.23%), 04/25/2031(e) (g)			251		251,404
Series 2018-1A, Class A1 5.829% (CME Term SOFR 3 Month + 1.21%), 04/19/2031(e) (g)			245		245,665
Series 2018-2A, Class A2 6.168% (CME Term SOFR 3 Month + 1.51%), 07/15/2031(e) (g)			500		500,817
Total Collateralized Loan Obligations (cost $4,617,950)					4,624,645
COVERED BONDS – 0.9%
Australia – 0.1%
National Australia Bank Ltd. Series E 0.875%, 02/19/2027(e)		EUR	522		532,250

20

		Principal Amount (000)		U.S. $ Value
Canada – 0.1%
Bank of Montreal Series E 0.125%, 01/26/2027(e)	EUR		533	$	536,505
France – 0.5%
BPCE SFH SA 0.625%, 09/22/2027(e)			700		703,722
Cie de Financement Foncier SA 3.125%, 05/18/2027(e)			500		536,776
Credit Agricole Home Loan SFH SA Series E 0.875%, 08/31/2027(e)			700		709,085
					1,949,583
South Korea – 0.1%
Korea Housing Finance Corp. 3.714%, 04/11/2027(e)			484		525,578
Spain – 0.1%
Banco de Sabadell SA 1.00%, 04/26/2027(e)			500		510,405
Total Covered Bonds (cost $4,061,305)					4,054,321
COLLATERALIZED MORTGAGE OBLIGATIONS – 0.9%
Risk Share Floating Rate – 0.9%
Connecticut Avenue Securities Trust Series 2022-R06, Class 1M1 7.484% (CME Term SOFR + 2.75%), 05/25/2042(e) (g)	U.S.$		226		231,935
Series 2022-R08, Class 1M1 7.284% (CME Term SOFR + 2.55%), 07/25/2042(e) (g)			274		280,488
Series 2022-R08, Class 1M2 8.334% (CME Term SOFR + 3.60%), 07/25/2042(e) (g)			400		422,806
Series 2023-R01, Class 1M1 7.125% (CME Term SOFR + 2.40%), 12/25/2042(e) (g)			369		379,814
Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes
Series 2021-DNA6, Class M2 6.234% (CME Term SOFR + 1.50%), 10/25/2041(e) (g)			218		218,640
Series 2021-DNA7, Class M2 6.534% (CME Term SOFR + 1.80%), 11/25/2041(e) (g)			400		403,981
Series 2022-DNA1, Class M1A 5.734% (CME Term SOFR + 1.00%), 01/25/2042(e) (g)			362		361,568
Series 2022-DNA1, Class M1B 6.584% (CME Term SOFR + 1.85%), 01/25/2042(e) (g)			500		506,930

21

		Principal Amount (000)		U.S. $ Value
Series 2022-DNA2, Class M1A 6.034% (CME Term SOFR + 1.30%), 02/25/2042(e) (g)	U.S.$		308	$	308,983
Series 2022-DNA4, Class M1A 6.934% (CME Term SOFR + 2.20%), 05/25/2042(e) (g)			337		342,784
Series 2022-DNA6, Class M1A 6.884% (CME Term SOFR + 2.15%), 09/25/2042(e) (g)			183		185,628
Series 2023-DNA2, Class M1B 7.975% (CME Term SOFR + 3.25%), 04/25/2043(e) (g)			250		263,422
Series 2024-DNA3, Class M1 5.734% (CME Term SOFR + 1.00%), 10/25/2044(e) (g)			50		50,050
Total Collateralized Mortgage Obligations (cost $3,962,869)					3,957,029
ASSET-BACKED SECURITIES – 0.8%
Other ABS - Fixed Rate – 0.6%
Accelerated LLC Series 2024-1A, Class A 4.68%, 08/22/2044(e)			446		437,831
Affirm Asset Securitization Trust Series 2024-B, Class A 4.62%, 09/15/2029(e)			109		108,529
CCG Receivables Trust Series 2024-1, Class A2 4.99%, 03/15/2032(e)			361		362,782
Clarus Capital Funding LLC Series 2024-1A, Class A2 4.71%, 08/20/2032(e)			171		170,178
Series 2024-1A, Class B 4.79%, 08/20/2032(e)			140		138,186
Crossroads Asset Trust Series 2024-A, Class A2 5.90%, 08/20/2030(e)			251		253,980
DLLMT LLC Series 2024-1A, Class A2 5.08%, 02/22/2027(e)			410		411,582
Lendmark Funding Trust Series 2024-2A, Class B 4.86%, 02/21/2034(e)			106		104,067
M&T Equipment Notes Series 2024-1A, Class A2 4.99%, 08/18/2031(e)			182		182,329
NMEF Funding LLC Series 2024-A, Class A2 5.15%, 12/15/2031(e)			310		310,266

22

		Principal Amount (000)		U.S. $ Value
Sierra Timeshare Receivables Funding LLC Series 2024-2A, Class A 5.14%, 06/20/2041(e)	U.S.$		140	$	138,969
					2,618,699
Autos - Fixed Rate – 0.2%
Ally Bank Auto Credit-Linked Notes Series 2024-A, Class A2 5.681%, 05/17/2032(e)			215		217,580
PenFed Auto Receivables Owner Trust Series 2024-A, Class A3 4.70%, 06/15/2029(e)			163		162,995
Tesla Auto Lease Trust Series 2024-B, Class B 5.11%, 08/21/2028(e)			203		202,823
Wheels Fleet Lease Funding 1 LLC Series 2024-2A, Class A1 4.87%, 06/21/2039(e)			248		248,593
					831,991
Other ABS - Floating Rate – 0.0%
Capital Street Master Trust Series 2024-1, Class A 4.99% (CME Term SOFR + 1.35%), 10/16/2028(e) (g)			100		99,515
Total Asset-Backed Securities (cost $3,554,214)					3,550,205
INFLATION-LINKED SECURITIES – 0.7%
Canada – 0.1%
Canadian Government Real Return Bond Series CPI 4.00%, 12/01/2031	CAD		397		336,342
Sweden – 0.1%
Sweden Inflation Linked Bond
Series 3104 3.50%, 12/01/2028(e)	SEK		1,580		264,271
Series 3113 0.125%, 12/01/2027(e)			2,250		266,493
					530,764
United States – 0.5%
U.S. Treasury Inflation Index
1.375%, 07/15/2033 (TIPS)	U.S.$		1,433		1,373,801
2.125%, 02/15/2054 (TIPS)			663		658,195
					2,031,996
Total Inflation-Linked Securities (cost $2,833,709)					2,899,102

23

		Principal Amount (000)		U.S. $ Value
LOCAL GOVERNMENTS - PROVINCIAL BONDS – 0.6%
Canada – 0.6%
Hydro Quebec Interest Strip
Zero Coupon, 08/15/2038	CAD		144	$	59,190
Zero Coupon, 08/15/2041			144		51,804
Zero Coupon, 02/15/2042			144		50,801
Zero Coupon, 08/15/2042			144		49,576
Zero Coupon, 02/15/2043			144		48,712
Zero Coupon, 02/15/2044			144		46,413
Zero Coupon, 08/15/2044			144		45,599
Series JN
Zero Coupon, 02/15/2046			144		43,039
Province of Ontario Canada
2.90%, 12/02/2046			1,283		768,253
3.50%, 06/02/2043			471		314,553
3.45%, 06/02/2045			478		314,884
4.60%, 12/02/2055			245		195,177
Province of Ontario Generic Coupon Strip
Zero Coupon, 12/02/2036			144		64,695
Zero Coupon, 06/02/2037			144		62,999
Zero Coupon, 12/02/2037			144		61,313
Zero Coupon, 06/02/2038			144		60,237
Zero Coupon, 12/02/2038			144		58,903
Zero Coupon, 06/02/2039			144		57,544
Zero Coupon, 06/02/2040			144		55,070
Zero Coupon, 12/02/2040			144		53,582
Zero Coupon, 06/02/2041			144		52,590
Zero Coupon, 12/02/2041			144		51,820
Zero Coupon, 06/02/2042			144		50,684
Series INT
Zero Coupon, 06/02/2043			144		48,291
Zero Coupon, 12/02/2045			144		43,584
Zero Coupon, 06/02/2046			144		42,888
Zero Coupon, 12/02/2046			144		41,776
Zero Coupon, 06/02/2047			144		41,310
Total Local Governments - Provincial Bonds (cost $2,760,043)					2,835,287
GOVERNMENTS - SOVEREIGN AGENCIES – 0.6%
BELGIUM – 0.2%
Dexia SA Series E 0.01%, 01/22/2027(e)	EUR		700		703,300
CANADA – 0.0%
Canada Housing Trust No. 1 4.25%, 03/15/2034(e)	CAD		235		178,762
FRANCE – 0.1%
SNCF Reseau Series E 3.125%, 10/25/2028(e)	EUR		600		643,548

24

		Principal Amount (000)		U.S. $ Value
JAPAN – 0.2%
Development Bank of Japan, Inc. Series G 3.50%, 09/13/2027(e)	EUR		593	$	645,916
NETHERLANDS – 0.1%
BNG Bank NV 3.50%, 07/19/2027	AUD		819		522,286
Total Governments - Sovereign Agencies (cost $2,700,050)					2,693,812
SUPRANATIONALS – 0.5%
European Investment Bank 1.80%, 01/19/2027			851		527,262
European Union Series NGEU 3.375%, 10/05/2054(e)	EUR		754		831,228
Inter-American Development Bank Series E 7.00%, 01/25/2029	INR		56,000		663,566
Total Supranationals (cost $2,003,574)					2,022,056
LOCAL GOVERNMENTS - REGIONAL BONDS – 0.4%
Australia – 0.2%
Treasury Corp. of Victoria
2.00%, 11/20/2037	AUD		300		133,247
2.25%, 09/15/2033(e)			933		489,608
2.25%, 11/20/2034			787		397,321
					1,020,176
Japan – 0.2%
Japan Finance Organization for Municipalities Series G 0.05%, 02/12/2027(e)	EUR		668		671,002
Total Local Governments - Regional Bonds (cost $1,694,924)					1,691,178
COMMERCIAL MORTGAGE-BACKED SECURITIES – 0.4%
Non-Agency Floating Rate CMBS – 0.3%
BOCA Commercial Mortgage Trust Series 2024-BOCA, Class A 6.53% (CME Term SOFR 1 Month + 1.92%), 08/15/2041(e) (g)	U.S.$		408		409,929
BX Commercial Mortgage Trust Series 2024-AIR2, Class A 6.102% (CME Term SOFR 1 Month + 1.49%), 10/15/2041(e) (g)			154		154,337
HLTN Commercial Mortgage Trust Series 2024-DPLO 6.251% (CME Term SOFR 1 Month + 1.64%), 06/15/2041(e) (g)			304		304,331

25

		Principal Amount (000)		U.S. $ Value
Wells Fargo Commercial Mortgage Trust Series 2024-MGP, Class A12 6.30% (CME Term SOFR 1 Month + 1.69%), 08/15/2041(e) (g)	U.S.$		242	$	242,241
					1,110,838
Non-Agency Fixed Rate CMBS – 0.1%
BX Commercial Mortgage Trust Series 2024-BIO2, Class A 5.594%, 08/13/2041(e)			281		280,377
Fashion Show Mall LLC Series 2024-SHOW, Class A 5.274%, 10/10/2041(e)			300		296,540
					576,917
Total Commercial Mortgage-Backed Securities (cost $1,686,045)					1,687,755
GOVERNMENTS - SOVEREIGN BONDS – 0.3%
Chile – 0.1%
Chile Electricity Lux MPC SARL 6.01%, 01/20/2033(e)			311		317,041
Chile Government International Bond 4.125%, 07/05/2034	EUR		200		219,011
					536,052
Hungary – 0.0%
Hungary Government International Bond Series 10Y 5.375%, 09/12/2033(e)			224		254,466
Indonesia – 0.1%
Indonesia Government International Bond 1.00%, 07/28/2029			349		331,579
Romania – 0.1%
Romanian Government International Bond 5.125%, 09/24/2031(e)			310		321,607
Total Governments - Sovereign Bonds (cost $1,466,251)					1,443,704
QUASI-SOVEREIGNS – 0.1%
Quasi-Sovereign Bonds – 0.1%
Hungary – 0.0%
Magyar Export-Import Bank Zrt 6.125%, 12/04/2027(e)	U.S.$		255		258,188
Saudi Arabia – 0.1%
Gaci First Investment Co. 4.875%, 02/14/2035(e)			277		267,824
Total Quasi-Sovereigns (cost $517,007)					526,012

26

		Principal Amount (000)		U.S. $ Value
CORPORATES - NON-INVESTMENT GRADE – 0.1%
Financial Institutions – 0.1%
Finance – 0.1%
Curo Group Holdings Corp. 13.00%, 08/01/2028(a) (b)	U.S.$		226	$	234,723
Industrial – 0.0%
Basic – 0.0%
ERP Iron Ore LLC 1.00%, 12/31/2019(a) (b) (c) (j) (k)			12		0
Magnetation LLC/Mag Finance Corp. 11.00%, 05/15/2018(a) (b) (c) (j) (l)			146		0
					0
Communications - Media – 0.0%
National CineMedia LLC 5.75%, 08/15/2026(a) (b) (c) (m)			33		0
Consumer Cyclical - Automotive – 0.0%
Exide Technologies (Exchange Priority) 11.00%, 10/31/2024(a) (b) (c) (j) (l) (m)			59		0
Exide Technologies (First Lien) 11.00%, 10/31/2024(a) (b) (c) (j) (l) (m)			24		0
					0
Services – 0.0%
Monitronics International, Inc. 9.125%, 04/01/2020(a) (b) (c) (j) (m)			120		0
					0
Total Corporates - Non-Investment Grade (cost $253,990)					234,723
		Shares
PREFERRED STOCKS – 0.0%
Industrials – 0.0%
Consumer Cyclical - Automotive – 0.0%
Exide International Holdings LP 0.00%(a) (b) (c) (e) (cost $87,984)			117		109,746
RIGHTS – 0.0%
Health Care – 0.0%
Biotechnology – 0.0%
Contra Chinook Therape (CVR)(a) (b) (c)			30,997		12,089
Mirati Therapeutics, Inc. (CVR)(a) (b) (c)			25,914		18,140
					30,229
Health Care Providers & Services – 0.0%
ABIOMED, Inc. (CVR)(a) (b) (c)			3,960		4,039
				$	34,268

27

Company	Shares			U.S. $ Value
Materials – 0.0%
Paper & Forest Products – 0.0%
Contra Resolute Forest Products, Inc. (CVR)(a) (b) (c)			14,789		21,000
Total Rights (cost $55,268)					55,268
	Principal Amount (000)
EMERGING MARKETS - CORPORATE BONDS – 0.0%
Industrial – 0.0%
Communications - Telecommunications – 0.0%
Digicel Group Holdings Ltd. Zero Coupon, 12/31/2030(a) (b) (l)		U.S.$	0		38
Consumer Cyclical - Retailers – 0.0%
Edcon Ltd. 0.01%, 06/25/2023(a) (b) (c) (j)		ZAR	2		0
K2016470219 South Africa Ltd. 3.00%, 12/31/2022(a) (b) (c) (j) (l)		U.S.$	40		0
K2016470260 South Africa Ltd. 25.00%, 12/31/2022(a) (b) (c) (j) (l)			28		0
					0
Total Emerging Markets - Corporate Bonds (cost $71,371)					38
EMERGING MARKETS - TREASURIES – 0.0%
Russia – 0.0%
Russian Federal Bond - OFZ Series 6212 7.05%, 01/19/2028(a) (cost $359,270)		RUB	23,770		0
	Shares
WARRANTS – 0.0%
Information Technology – 0.0%
Software – 0.0%
Constellation Software, Inc., expiring 03/31/2040(a) (b) (c) (d) (cost $0)			541		0
SHORT-TERM INVESTMENTS – 6.9%
Investment Companies – 6.9%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.54%(f) (n) (o) (cost $30,081,095)			30,081,095		30,081,095
Total Investments Before Security Lending Collateral for Securities Loaned – 101.1% (cost $398,730,597)					440,002,019
INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 0.3%
Investment Companies – 0.3%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 4.54%(f) (n) (o) (cost $1,253,658)			1,253,658		1,253,658
Total Investments – 101.4% (cost $399,984,255)(p)					441,255,677
Other assets less liabilities – (1.4)%					(6,153,412	)
Net Assets – 100.0%				$	435,102,265

28

FUTURES

Description	Number of Contracts		Expiration Month		Current Notional			Value and Unrealized Appreciation (Depreciation)
Purchased Contracts
5 Yr Canadian Bond Futures		80		March 2025		$	6,479,769		$	94,157
10 Yr Canadian Bond Futures		30		March 2025			2,644,620			64,237
10 Yr Japan Bond (OSE) Futures		27		December 2024			25,817,064			(253,219	)
E-Mini Russell 2000 Index Futures		38		December 2024			4,644,740			73,878
Euro Buxl 30 Yr Bond Futures		32		December 2024			4,727,475			125,085
Euro STOXX 50 Index Futures		86		December 2024			4,377,712			(18,232	)
Euro-BOBL Futures		90		December 2024			11,398,629			45,747
Euro-Bund Futures		128		December 2024			18,230,874			130,656
Euro-Schatz Futures		54		December 2024			6,109,893			20,201
FTSE China A50 Futures		15		December 2024			197,745			(1,205	)
Gold 100 OZ Futures		17		February 2025			4,557,700			72,376
Hang Seng Index Futures		4		December 2024			501,414			1,413
Long Gilt Futures		119		March 2025			14,519,822			91,696
MSCI Emerging Markets Futures		151		December 2024			8,234,030			(219,244	)
MSCI Singapore IX ETS Futures		33		December 2024			921,526			2,161
NSE IFSC Nifty 50 Index Futures		51		December 2024			2,478,957			(9,071	)
OMXS 30 Index Futures		54		December 2024			1,248,911			5,046
S&P 500 E-Mini Futures		176		December 2024			53,253,200			3,197,517
S&P/TSX 60 Index Futures		24		December 2024			5,278,440			261,158
SPI 200 Futures		2		December 2024			275,837			4,699
TOPIX Index Futures		20		December 2024			3,581,192			35,547
U.S. Long Bond (CBT) Futures		139		March 2025			16,610,500			145,307
U.S. T-Note 2 Yr (CBT) Futures		79		March 2025			16,282,641			42,602
U.S. T-Note 5 Yr (CBT) Futures		528		March 2025			56,813,625			399,497
U.S. Ultra Bond (CBT) Futures		59		March 2025			7,504,062			79,657
WIG20 Index Futures		24		December 2024			260,063			(471)
Sold Contracts
10 Yr Australian Bond Futures		22		December 2024			1,625,295			(19,807	)
10 Yr Canadian Bond Futures		13		March 2025			1,146,002			(18,906	)
10 Yr Japan Bond (OSE) Futures		4		December 2024			3,824,750			55,993
Euro Buxl 30 Yr Bond Futures		1		December 2024			147,733			(4,862	)
Euro STOXX 50 Index Futures		8		December 2024			407,229			(1,703	)

29

Description	Number of Contracts		Expiration Month		Current Notional			Value and Unrealized Appreciation (Depreciation)
Euro-Bund Futures		20		December 2024		$	2,848,574		$	(16,529	)
FTSE 100 Index Futures		15		December 2024			1,585,824			(24,410	)
FTSE KLCI Futures		40		December 2024			717,660			5,386
FTSE Taiwan Index Futures		16		December 2024			1,190,720			28,570
FTSE/JSE Top 40 Futures		23		December 2024			974,180			13,060
S&P 500 E-Mini Futures		4		December 2024			1,210,300			(45,130	)
SET 50 Futures		516		December 2024			2,769,753			46,095
SPI 200 Futures		27		December 2024			3,723,794			(97,313	)
U.S. 10 Yr Ultra Futures		31		March 2025			3,558,703			(27,052	)
U.S. Long Bond (CBT) Futures		41		March 2025			4,899,500			(43,163	)
U.S. T-Note 10 Yr (CBT) Futures		164		March 2025			18,234,750			(224,257	)
U.S. Ultra Bond (CBT) Futures		18		March 2025			2,289,375			(24,904	)
									$	3,992,263

FORWARD CURRENCY EXCHANGE CONTRACTS

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Bank of America, NA		BRL	13,078		USD	2,263		12/03/2024		$	89,729
Bank of America, NA		BRL	8,989		USD	1,485		12/03/2024			(9,057	)
Bank of America, NA		USD	2,160		BRL	13,078		12/03/2024			13,177
Bank of America, NA		USD	1,565		BRL	8,989		12/03/2024			(71,030	)
Bank of America, NA		INR	447,735		USD	5,310		12/06/2024			13,743
Bank of America, NA		NZD	4,403		USD	2,720		12/06/2024			112,024
Bank of America, NA		USD	1,368		INR	115,318		12/06/2024			(3,379	)
Bank of America, NA		USD	701		NZD	1,178		12/06/2024			(2,954	)
Bank of America, NA		JPY	198,309		USD	1,304		12/19/2024			(23,824	)
Bank of America, NA		ZAR	9,239		USD	521		12/19/2024			9,238
Bank of America, NA		CHF	3,536		USD	4,103		12/20/2024			81,212
Bank of America, NA		EUR	17,516		USD	19,129		12/20/2024			605,608
Bank of America, NA		EUR	582		USD	615		12/20/2024			(687	)
Bank of America, NA		USD	1,427		EUR	1,359		12/20/2024			10,070
Bank of America, NA		USD	4,741		EUR	4,351		12/20/2024			(140,164	)
Bank of America, NA		USD	1,564		BRL	9,108		01/03/2025			(56,164	)
Bank of America, NA		CLP	1,905,386		USD	1,979		01/16/2025			24,205
Bank of America, NA		COP	1,543,047		USD	348		01/16/2025			1,754
Bank of America, NA		GBP	10,315		USD	13,306		01/16/2025			182,071
Bank of America, NA		PEN	4,780		USD	1,261		01/16/2025			(14,232	)
Bank of America, NA		USD	987		CLP	970,425		01/16/2025			8,693
Bank of America, NA		USD	332		CLP	320,067		01/16/2025			(3,892	)
Bank of America, NA		USD	298		COP	1,315,567		01/16/2025			(2,771	)
Bank of America, NA		USD	394		PEN	1,485		01/16/2025			2,036
Bank of America, NA		KRW	1,091,282		USD	803		01/17/2025			19,088
Bank of America, NA		KRW	966,659		USD	692		01/17/2025			(2,354	)
Bank of America, NA		PHP	40,879		USD	702		01/23/2025			5,818
Bank of America, NA		PHP	24,012		USD	408		01/23/2025			(666	)
Bank of America, NA		USD	375		PHP	22,024		01/23/2025			483
Bank of America, NA		IDR	8,629,692		USD	545		01/24/2025			1,864
Bank of America, NA		IDR	13,478,855		USD	845		01/24/2025			(4,185	)
Bank of America, NA		AUD	3,806		USD	2,473		02/05/2025			(10,030	)
Bank of America, NA		CAD	4,385		USD	3,123		02/05/2025			(16,807	)
Bank of America, NA		NOK	7,708		USD	691		02/05/2025			(7,373	)
Bank of America, NA		USD	1,561		CAD	2,186		02/05/2025			4,284
Bank of America, NA		USD	634		SEK	6,991		02/05/2025			9,720
Bank of America, NA		JPY	3,256,000		USD	21,390		02/27/2025			(608,402	)
Bank of America, NA		TWD	34,203		USD	1,059		02/27/2025			(2,850	)
Barclays Bank PLC		INR	81,505		USD	966		12/06/2024			1,713
Barclays Bank PLC		NZD	2,565		USD	1,518		12/06/2024			(1,581)
Barclays Bank PLC		USD	2,753		INR	231,045		12/06/2024			(19,470	)
Barclays Bank PLC		USD	3,043		NZD	4,993		12/06/2024			(85,854	)
Barclays Bank PLC		JPY	342,635		USD	2,225		12/19/2024			(69,750	)
Barclays Bank PLC		USD	1,248		JPY	184,571		12/19/2024			(11,479	)

30

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Barclays Bank PLC		EUR	584		USD	634		12/20/2024		$	16,238
Barclays Bank PLC		EUR	2,368		USD	2,499		12/20/2024			(4,987	)
Barclays Bank PLC		USD	946		CHF	815		12/20/2024			(19,379	)
Barclays Bank PLC		CLP	371,451		USD	379		01/16/2025			(1,830	)
Barclays Bank PLC		COP	4,373,579		USD	985		01/16/2025			4,737
Barclays Bank PLC		GBP	3,593		USD	4,538		01/16/2025			(33,118)
Barclays Bank PLC		PEN	1,485		USD	393		01/16/2025			(3,485	)
Barclays Bank PLC		USD	625		COP	2,803,617		01/16/2025			3,472
Barclays Bank PLC		USD	2,379		GBP	1,849		01/16/2025			(26,191	)
Barclays Bank PLC		USD	437		PEN	1,654		01/16/2025			4,261
Barclays Bank PLC		KRW	369,311		USD	264		01/17/2025			(1,121	)
Barclays Bank PLC		USD	390		KRW	545,685		01/17/2025			1,396
Barclays Bank PLC		MYR	5,484		USD	1,243		01/21/2025			7,453
Barclays Bank PLC		MYR	4,071		USD	915		01/21/2025			(2,727	)
Barclays Bank PLC		USD	1,282		MYR	5,687		01/21/2025			116
Barclays Bank PLC		USD	1,593		MYR	6,957		01/21/2025			(25,386	)
Barclays Bank PLC		CNH	8,333		USD	1,153		01/23/2025			1,038
Barclays Bank PLC		PHP	33,869		USD	580		01/23/2025			3,405
Barclays Bank PLC		USD	1,293		PHP	74,748		01/23/2025			(19,683	)
Barclays Bank PLC		CZK	102,568		USD	4,296		01/24/2025			(1,965	)
Barclays Bank PLC		IDR	3,572,393		USD	226		01/24/2025			894
Barclays Bank PLC		USD	2,495		HUF	965,132		01/24/2025			(30,297	)
Barclays Bank PLC		AUD	911		USD	591		02/05/2025			(2,984	)
BNP Paribas SA		USD	22,370		JPY	3,375,792		12/19/2024			241,663
BNP Paribas SA		JPY	3,375,792		USD	22,432		01/06/2025			(236,050	)
BNP Paribas SA		USD	2,208		JPY	332,594		01/06/2025			25,093
Citibank, NA		INR	28,423		USD	337		12/06/2024			317
Citibank, NA		USD	209		INR	17,574		12/06/2024			(807	)
Citibank, NA		USD	1,397		JPY	215,828		12/19/2024			48,800
Citibank, NA		USD	1,831		EUR	1,733		12/20/2024			2,545
Citibank, NA		USD	354		COP	1,571,136		01/16/2025			(1,467	)
Citibank, NA		USD	2,902		GBP	2,307		01/16/2025			33,308
Citibank, NA		USD	340		PEN	1,280		01/16/2025			1,440
Citibank, NA		KRW	5,080,566		USD	3,794		01/17/2025			145,522
Citibank, NA		USD	163		KRW	229,007		01/17/2025			1,314
Citibank, NA		USD	698		KRW	960,929		01/17/2025			(7,804	)
Citibank, NA		IDR	10,526,736		USD	666		01/24/2025			2,665
Citibank, NA		IDR	18,782,878		USD	1,176		01/24/2025			(6,275	)
Citibank, NA		USD	339		IDR	5,407,628		01/24/2025			1,658
Citibank, NA		USD	1,008		IDR	15,819,265		01/24/2025			(11,621	)
Citibank, NA		CAD	8,843		USD	6,398		02/05/2025			67,091
Citibank, NA		NOK	9,088		USD	820		02/05/2025			(2,987	)
Citibank, NA		USD	696		NOK	7,708		02/05/2025			2,534
Deutsche Bank AG		JPY	1,340,000		USD	9,226		12/04/2024			268,446
Deutsche Bank AG		USD	316		INR	26,631		12/06/2024			(1,215	)
Deutsche Bank AG		USD	656		ZAR	11,862		12/19/2024			1,791
Deutsche Bank AG		CHF	1,046		USD	1,200		12/20/2024			10,283
Deutsche Bank AG		EUR	14,880		USD	16,075		12/20/2024			338,146
Deutsche Bank AG		EUR	910		USD	948		12/20/2024			(14,110	)
Deutsche Bank AG		PEN	3,470		USD	913		01/16/2025			(13,123	)
Deutsche Bank AG		PHP	49,413		USD	837		01/23/2025			(4,645	)
Deutsche Bank AG		IDR	3,225,280		USD	203		01/24/2025			292
Deutsche Bank AG		SEK	7,693		USD	703		02/05/2025			(6,103	)
Deutsche Bank AG		USD	264		TWD	8,508		02/27/2025			590
Goldman Sachs Bank USA		BRL	3,539		USD	585		12/03/2024			(3,566	)
Goldman Sachs Bank USA		USD	609		BRL	3,539		12/03/2024			(21,059	)
Goldman Sachs Bank USA		USD	2,320		INR	195,401		12/06/2024			(8,527	)
Goldman Sachs Bank USA		USD	1,862		MXN	36,384		12/11/2024			(71,803	)
Goldman Sachs Bank USA		EUR	2,712		USD	2,937		12/20/2024			69,104
Goldman Sachs Bank USA		CLP	742,307		USD	765		01/16/2025			3,111
Goldman Sachs Bank USA		COP	3,393,507		USD	756		01/16/2025			(4,833	)
Goldman Sachs Bank USA		USD	257		CLP	250,126		01/16/2025			30
Goldman Sachs Bank USA		USD	184		PEN	698		01/16/2025			2,266
Goldman Sachs Bank USA		KRW	266,069		USD	190		01/17/2025			(1,305	)
Goldman Sachs Bank USA		USD	214		MYR	955		01/21/2025			961
Goldman Sachs Bank USA		PHP	21,696		USD	368		01/23/2025			(1,261	)
Goldman Sachs Bank USA		USD	754		PHP	44,455		01/23/2025			3,446
Goldman Sachs Bank USA		IDR	5,081,060		USD	325		01/24/2025			5,394
Goldman Sachs Bank USA		USD	1,310		PLN	5,384		01/24/2025			12,102

31

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Goldman Sachs Bank USA		USD	1,786		CAD	2,468		02/05/2025		$	(18,603	)
HSBC Bank USA		INR	58,793		USD	699		12/06/2024			3,109
HSBC Bank USA		COP	1,564,218		USD	351		01/16/2025			512
HSBC Bank USA		EUR	17,563		USD	18,633		01/16/2025			37,333
HSBC Bank USA		USD	334		CLP	327,074		01/16/2025			1,827
JPMorgan Chase Bank, NA		INR	30,146		USD	358		12/06/2024			1,601
JPMorgan Chase Bank, NA		USD	715		INR	60,261		12/06/2024			(2,333	)
JPMorgan Chase Bank, NA		USD	1,383		NZD	2,284		12/06/2024			(30,473	)
JPMorgan Chase Bank, NA		ZAR	12,502		USD	686		12/19/2024			(6,510	)
JPMorgan Chase Bank, NA		USD	1,091		EUR	1,010		12/20/2024			(22,592	)
JPMorgan Chase Bank, NA		GBP	633		USD	803		01/16/2025			(2,330	)
JPMorgan Chase Bank, NA		USD	154		COP	686,334		01/16/2025			(416	)
JPMorgan Chase Bank, NA		USD	1,097		GBP	872		01/16/2025			12,515
JPMorgan Chase Bank, NA		USD	352		KRW	484,371		01/17/2025			(4,302	)
JPMorgan Chase Bank, NA		IDR	8,572,736		USD	549		01/24/2025			8,925
JPMorgan Chase Bank, NA		SEK	26,199		USD	2,409		02/05/2025			(4,433	)
JPMorgan Chase Bank, NA		USD	1,642		CAD	2,297		02/05/2025			2,875
Morgan Stanley Capital Services, Inc.		INR	15,393		USD	182		12/06/2024			178
Morgan Stanley Capital Services, Inc.		USD	866		INR	73,139		12/06/2024			(627	)
Morgan Stanley Capital Services, Inc.		MXN	11,416		USD	566		12/11/2024			4,573
Morgan Stanley Capital Services, Inc.		USD	553		MXN	10,828		12/11/2024			(20,428	)
Morgan Stanley Capital Services, Inc.		JPY	1,856,030		USD	12,520		12/19/2024			88,541
Morgan Stanley Capital Services, Inc.		USD	710		JPY	109,024		12/19/2024			19,799
Morgan Stanley Capital Services, Inc.		USD	2,194		JPY	325,201		12/19/2024			(15,513	)
Morgan Stanley Capital Services, Inc.		ZAR	9,212		USD	523		12/19/2024			12,168
Morgan Stanley Capital Services, Inc.		CHF	2,505		USD	2,832		12/20/2024			(17,223	)
Morgan Stanley Capital Services, Inc.		COP	10,288,107		USD	2,315		01/16/2025			8,201
Morgan Stanley Capital Services, Inc.		GBP	1,719		USD	2,170		01/16/2025			(17,803	)
Morgan Stanley Capital Services, Inc.		USD	340		COP	1,505,579		01/16/2025			(2,242	)
Morgan Stanley Capital Services, Inc.		USD	314		MYR	1,409		01/21/2025			3,216
Morgan Stanley Capital Services, Inc.		IDR	2,852,326		USD	181		01/24/2025			1,033
Morgan Stanley Capital Services, Inc.		USD	1,558		IDR	24,786,617		01/24/2025			2,522
Morgan Stanley Capital Services, Inc.		USD	3,894		IDR	60,938,087		01/24/2025			(56,959	)
Morgan Stanley Capital Services, Inc.		USD	1,035		SEK	11,387		02/05/2025			13,795
Morgan Stanley Capital Services, Inc.		TWD	50,456		USD	1,562		02/27/2025			(4,372	)
State Street Bank & Trust Co.		EUR	1,209		USD	1,272		12/05/2024			(5,246	)
State Street Bank & Trust Co.		NZD	1,375		USD	830		12/06/2024			15,897
State Street Bank & Trust Co.		NZD	1,063		USD	626		12/06/2024			(3,867	)
State Street Bank & Trust Co.		USD	1,114		NZD	1,822		12/06/2024			(34,407	)
State Street Bank & Trust Co.		MXN	28,989		USD	1,465		12/11/2024			38,351
State Street Bank & Trust Co.		MXN	5,026		USD	243		12/11/2024			(4,201	)
State Street Bank & Trust Co.		USD	954		MXN	19,583		12/11/2024			9,289
State Street Bank & Trust Co.		USD	824		MXN	16,428		12/11/2024			(16,014	)
State Street Bank & Trust Co.		SGD	1,683		USD	1,287		12/17/2024			28,972
State Street Bank & Trust Co.		USD	340		SGD	444		12/17/2024			(8,637	)
State Street Bank & Trust Co.		JPY	79,510		USD	535		12/19/2024			1,952
State Street Bank & Trust Co.		JPY	252,283		USD	1,665		12/19/2024			(24,560	)
State Street Bank & Trust Co.		USD	1,378		JPY	211,083		12/19/2024			35,652
State Street Bank & Trust Co.		USD	326		JPY	48,258		12/19/2024			(2,800)
State Street Bank & Trust Co.		USD	1,177		ZAR	21,424		12/19/2024			10,466
State Street Bank & Trust Co.		USD	1,256		ZAR	22,261		12/19/2024			(21,877	)
State Street Bank & Trust Co.		ZAR	13,771		USD	776		12/19/2024			12,761
State Street Bank & Trust Co.		ZAR	14,758		USD	812		12/19/2024			(5,502	)
State Street Bank & Trust Co.		CHF	193		USD	224		12/20/2024			4,310
State Street Bank & Trust Co.		EUR	4,193		USD	4,553		12/20/2024			118,914
State Street Bank & Trust Co.		EUR	1,357		USD	1,430		12/20/2024			(6,262	)
State Street Bank & Trust Co.		USD	359		CHF	307		12/20/2024			(9,481	)

32

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
State Street Bank & Trust Co.		USD	2,566		EUR	2,442		12/20/2024	$	16,963
State Street Bank & Trust Co.		USD	597		EUR	551		12/20/2024		(14,396	)
State Street Bank & Trust Co.		GBP	903		USD	1,162		01/16/2025		13,117
State Street Bank & Trust Co.		GBP	945		USD	1,193		01/16/2025		(8,894	)
State Street Bank & Trust Co.		USD	860		GBP	680		01/16/2025		5,224
State Street Bank & Trust Co.		USD	672		GBP	524		01/16/2025		(4,876	)
State Street Bank & Trust Co.		CNH	4,878		USD	675		01/23/2025		660
State Street Bank & Trust Co.		CNH	1,507		USD	208		01/23/2025		(405	)
State Street Bank & Trust Co.		USD	474		CNH	3,430		01/23/2025		372
State Street Bank & Trust Co.		USD	339		CNH	2,447		01/23/2025		(512	)
State Street Bank & Trust Co.		USD	1,779		THB	61,399		01/23/2025		19,181
State Street Bank & Trust Co.		CZK	5,547		USD	231		01/24/2025		(1,288	)
State Street Bank & Trust Co.		HUF	129,737		USD	337		01/24/2025		5,267
State Street Bank & Trust Co.		PLN	1,360		USD	332		01/24/2025		(2,243	)
State Street Bank & Trust Co.		USD	286		PLN	1,183		01/24/2025		4,120
State Street Bank & Trust Co.		AUD	304		USD	198		02/05/2025		(533	)
State Street Bank & Trust Co.		CAD	3,594		USD	2,596		02/05/2025		22,466
State Street Bank & Trust Co.		CAD	957		USD	684		02/05/2025		(1,248	)
State Street Bank & Trust Co.		NOK	4,589		USD	413		02/05/2025		(2,689	)
State Street Bank & Trust Co.		SEK	8,016		USD	732		02/05/2025		(6,017	)
State Street Bank & Trust Co.		USD	541		AUD	833		02/05/2025		2,908
State Street Bank & Trust Co.		USD	691		CAD	954		02/05/2025		(7,205	)
State Street Bank & Trust Co.		USD	289		NOK	3,192		02/05/2025		348
State Street Bank & Trust Co.		USD	548		SEK	6,029		02/05/2025		6,974
UBS AG		BRL	2,305		USD	398		12/03/2024		14,779
UBS AG		BRL	2,855		USD	472		12/03/2024		(2,877)
UBS AG		USD	381		BRL	2,305		12/03/2024		2,323
UBS AG		USD	494		BRL	2,855		12/03/2024		(19,628	)
UBS AG		USD	1,286		NZD	2,195		12/06/2024		14,239
UBS AG		MXN	16,272		USD	787		12/11/2024		(14,035	)
UBS AG		USD	972		MXN	20,137		12/11/2024		19,227
UBS AG		JPY	1,416,912		USD	9,385		12/19/2024		(105,490	)
UBS AG		USD	689		ZAR	12,502		12/19/2024		4,099
UBS AG		USD	3,927		EUR	3,636		12/20/2024		(81,536	)
UBS AG		CLP	392,384		USD	398		01/16/2025		(4,472	)
UBS AG		USD	354		KRW	485,065		01/17/2025		(5,489	)
UBS AG		USD	129		IDR	2,055,982		01/24/2025		(9	)
UBS AG		CAD	849		USD	605		02/05/2025		(3,247	)
UBS AG		NOK	10,499		USD	949		02/05/2025		(2,173	)
UBS AG		USD	2,031		AUD	3,126		02/05/2025		8,254
UBS AG		TWD	28,968		USD	900		02/27/2025		834
									$	770,150

CENTRALLY CLEARED CREDIT DEFAULT SWAPS

Description	Fixed Rate (Pay) Receive			Payment Frequency		Implied Credit Spread at November 30, 2024		Notional Amount (000)			Market Value		Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)
Buy Contracts
iTraxx-Europe Series 42, 5 Year Index, 12/20/2029*		(1.00	)%		Quarterly		0.56%		EUR	3,010	$	(73,460)	$	(63,143)	$	(10,317)
Sale Contracts
CDX-NAHY Series 43, 5 Year Index, 12/20/2029*		5.00			Quarterly		2.95		USD	11,950		1,144,795		870,927		273,868
iTraxx Xover Series 41, 5 Year Index, 06/20/2029*		5.00			Quarterly		2.60		EUR	2,500		280,927		219,734		61,193
											$	1,352,262	$	1,027,518	$	324,744

* Termination date

33

CENTRALLY CLEARED INTEREST RATE SWAPS

			Rate Type
Notional Amount (000)		Termination Date	Payments made by the Fund	Payments received by the Fund	Payment Frequency Paid/ Received	Market Value			Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)
CNY	107,330	02/21/2025	China 7-Day Reverse Repo Rate	2.620%	Quarterly	$	32,606		$	—	$	32,606
SEK	14,495	08/30/2026	2.290%	3 Month STIBOR	Annual/ Quarterly		(3,586	)		—		(3,586	)
SEK	14,495	09/02/2026	2.257%	3 Month STIBOR	Annual/ Quarterly		(2,894	)		—		(2,894	)
SEK	14,495	09/02/2026	2.298%	3 Month STIBOR	Annual/ Quarterly		(3,967	)		—		(3,967	)
SEK	14,494	09/02/2026	2.265%	3 Month STIBOR	Annual/ Quarterly		(3,103	)		—		(3,103	)
SEK	13,261	09/02/2026	2.250%	3 Month STIBOR	Annual/ Quarterly		(2,480	)		—		(2,480	)
SEK	4,043	08/13/2034	3 Month STIBOR	2.284%	Quarterly/ Annual		5,099			—		5,099
SEK	2,658	08/16/2034	3 Month STIBOR	2.243%	Quarterly/ Annual		2,502			—		2,502
SEK	2,763	09/11/2034	3 Month STIBOR	2.210%	Quarterly/ Annual		(307	)		—		(307	)
SEK	7,217	09/17/2034	3 Month STIBOR	2.185%	Quarterly/ Annual		(2,224	)		—		(2,224	)
NZD	262	09/17/2034	3 Month BKBM	3.750%	Quarterly/ Semi-Annual		(4,313	)		—		(4,313	)
NZD	483	09/24/2034	3 Month BKBM	3.861%	Quarterly/ Semi-Annual		(5,175	)		—		(5,175	)
SEK	4,256	10/01/2034	3 Month STIBOR	2.232%	Quarterly/ Annual		524			—		524
NOK	2,360	10/01/2034	3.490%	6 Month NIBOR	Annual/ Semi-Annual		2,053			—		2,053
NZD	605	10/25/2034	3 Month BKBM	4.190%	Quarterly/ Semi-Annual		3,702			—		3,702
NOK	5,409	10/31/2034	3.955%	6 Month NIBOR	Annual/ Semi-Annual		(15,106	)		—		(15,106	)
NZD	229	11/04/2034	3 Month BKBM	4.166%	Quarterly/ Semi-Annual		1,156			—		1,156
NOK	2,939	11/15/2034	3.885%	6 Month NIBOR	Annual/ Semi-Annual		(6,694	)		—		(6,694	)
SEK	1,756	11/15/2034	3 Month STIBOR	2.410%	Quarterly/ Annual		3,001			—		3,001
NZD	258	11/15/2034	3 Month BKBM	4.265%	Quarterly/ Semi-Annual		2,569			—		2,569
NZD	2,014	11/20/2034	3 Month BKBM	4.300%	Quarterly/ Semi-Annual		23,656			—		23,656
SEK	1,982	11/20/2034	3 Month STIBOR	2.400%	Quarterly/ Annual		3,249			—		3,249
NZD	1,130	11/26/2034	3 Month BKBM	4.171%	Quarterly/ Semi-Annual		6,179			—		6,179
						$	36,447		$	—	$	36,447

34

TOTAL RETURN SWAPS

Counterparty & Referenced Obligation	Rate Paid/ Received		Payment Frequency		Current Notional (000)			Maturity Date		Unrealized Appreciation (Depreciation)
Receive Total Return on Reference Obligation
JPMorgan Chase Bank, NA
Britvic PLC		SONIA plus 0.30%		Maturity		GBP	55		08/12/2026	$	352
Britvic PLC		SONIA plus 0.30%		Maturity		GBP	87		08/12/2026		283
Britvic PLC		SONIA plus 0.30%		Maturity		GBP	60		08/12/2026		177
Britvic PLC		SONIA plus 0.30%		Maturity		GBP	31		08/12/2026		154
Britvic PLC		SONIA plus 0.30%		Maturity		GBP	17		08/12/2026		112
Britvic PLC		SONIA plus 0.30%		Maturity		GBP	10		08/12/2026		57
Merrill Lynch International Bloomberg Commodity Index		0.00%		Maturity		USD	12,856		12/16/2024		162,171
Morgan Stanley Capital Services LLC
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	140		10/20/2025		23,809
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	85		10/20/2025		13,906
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	85		10/20/2025		13,851
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	86		10/20/2025		13,523
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	83		10/20/2025		13,491
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	54		10/20/2025		8,720
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	56		10/20/2025		8,530
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	94		10/20/2025		7,943
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	51		10/20/2025		6,878
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	44		10/20/2025		6,362
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	37		10/20/2025		5,624
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	42		10/20/2025		5,510
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	41		10/20/2025		5,220
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	61		10/20/2025		4,693
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	28		10/20/2025		4,378
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	28		10/20/2025		4,375
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	36		10/20/2025		4,276
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	29		10/20/2025		3,800
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	30		10/20/2025		3,723
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	39		10/20/2025		3,716
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	44		10/20/2025		3,637
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	29		10/20/2025		2,863
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	20		10/20/2025		1,605
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	11		10/20/2025		1,222
Canadian Western Bank		CORRA plus 0.40%		Maturity		CAD	7		10/20/2025		866
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	126		10/20/2025		55,180
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	113		10/20/2025		51,582
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	111		10/20/2025		49,201
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	76		10/20/2025		35,797
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	76		10/20/2025		33,585
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	67		10/20/2025		32,740
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	68		10/20/2025		29,687
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	61		10/20/2025		28,065
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	55		10/20/2025		24,209
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	49		10/20/2025		22,767
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	47		10/20/2025		22,069
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	44		10/20/2025		19,345
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	43		10/20/2025		19,064
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	39		10/20/2025		17,689
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	37		10/20/2025		17,444
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	37		10/20/2025		16,710
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	33		10/20/2025		16,597
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	30		10/20/2025		12,991
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	27		10/20/2025		12,834
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	21		10/20/2025		10,241
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	20		10/20/2025		8,825
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	15		10/20/2025		6,957
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	15		10/20/2025		6,781
DS Smith PLC		SONIA plus 0.50%		Maturity		GBP	7		10/20/2025		2,975

35

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency	Current Notional (000)				Maturity Date		Unrealized Appreciation (Depreciation)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	37			10/20/2025	$	213
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	32			10/20/2025		142
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	87			10/20/2025		117
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	85			10/20/2025		114
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	30			10/20/2025		69
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	30			10/20/2025		60
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	37			10/20/2025		50
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	34			10/20/2025		28
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	9			10/20/2025		7
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	0	***		10/20/2025		(7	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	8			10/20/2025		(237	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	11			10/20/2025		(352	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	16			10/20/2025		(457	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	24			10/20/2025		(678	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	31			10/20/2025		(861	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	30			10/20/2025		(938	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	42			10/20/2025		(1,085	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	42			10/20/2025		(1,156	)
Hargreaves Lansdown PLC	SONIA plus 0.50%	Maturity		GBP	43			10/20/2025		(1,201	)
IBOVESPA Futures	0.00%	Maturity		BRL	125			12/18/2024		(578	)
IBOVESPA Futures	0.00%	Maturity		BRL	2,651			12/18/2024		(7,375	)
KOSPI 200 Futures	0.00%	Maturity		KRW	652,600			12/12/2024		9,388
KOSPI 200 Futures	0.00%	Maturity		KRW	571,025			12/12/2024		(2,134	)
KOSPI 200 Futures	0.00%	Maturity		KRW	326,300			12/12/2024		(2,688	)
KOSPI 200 Futures	0.00%	Maturity		KRW	326,300			12/12/2024		(5,663	)
KOSPI 200 Futures	0.00%	Maturity		KRW	978,900			12/12/2024		(6,001	)
KOSPI 200 Futures	0.00%	Maturity		KRW	489,450			12/12/2024		(10,713	)
KOSPI 200 Futures	0.00%	Maturity		KRW	489,450			12/12/2024		(11,434	)
KOSPI 200 Futures	0.00%	Maturity		KRW	1,142,050			12/12/2024		(13,618	)
Neoen SA	EURIBOR plus 0.50%	Maturity		EUR	18			10/20/2025		59
Neoen SA	EURIBOR plus 0.50%	Maturity		EUR	2			10/20/2025		43
Neoen SA	EURIBOR plus 0.50%	Maturity		EUR	25			10/20/2025		31
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	4			10/20/2025		72
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	1			10/20/2025		(60	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	2			10/20/2025		(91	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	8			10/20/2025		(153	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	9			10/20/2025		(170	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	2			10/20/2025		(196	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	6			10/20/2025		(199	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	24			10/20/2025		(372	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	11			10/20/2025		(398	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	9			10/20/2025		(561	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	17			10/20/2025		(562	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	43			10/20/2025		(635	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	24			10/20/2025		(737	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	38			10/20/2025		(841	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	29			10/20/2025		(1,087	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	24			10/20/2025		(1,173	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	24			10/20/2025		(1,227	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	24			10/20/2025		(1,273	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	28			10/20/2025		(1,426	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	17			10/20/2025		(1,834	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	38			10/20/2025		(2,000	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	19			10/20/2025		(2,248	)
Spirent Communications PLC	SONIA plus 0.50%	Maturity		GBP	27			10/20/2025		(2,740	)
WalkMe Ltd.	FedFundEffective plus 0.35%	Maturity		USD	11			10/20/2025		(22	)

36

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency	Current Notional (000)			Maturity Date		Unrealized Appreciation (Depreciation)
Pay Total Return on Reference Obligation
Goldman Sachs International
Amcor PLC	SOFR minus 0.35%	Maturity		USD	33		07/15/2025	$	51
Amcor PLC	SOFR minus 0.35%	Maturity		USD	55		07/15/2025		(35	)
Amcor PLC	SOFR minus 0.35%	Maturity		USD	3		07/15/2025		(38	)
Amcor PLC	SOFR minus 0.35%	Maturity		USD	2		07/15/2025		(52	)
Amcor PLC	SOFR minus 0.35%	Maturity		USD	28		07/15/2025		(412	)
Amcor PLC	SOFR minus 0.35%	Maturity		USD	115		07/15/2025		(631	)
Amcor PLC	SOFR minus 0.35%	Maturity		USD	58		07/15/2025		(871	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	18		07/15/2025		(3,609	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	18		07/15/2025		(4,032	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	20		07/15/2025		(5,128	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	35		07/15/2025		(7,148	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	37		07/15/2025		(9,879	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	44		07/15/2025		(10,061	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	43		07/15/2025		(10,096	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	44		07/15/2025		(10,594	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	49		07/15/2025		(11,578	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	61		07/15/2025		(13,953	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	72		07/15/2025		(14,988	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	73		07/15/2025		(16,499	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	69		07/15/2025		(17,746	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	73		07/15/2025		(18,555	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	78		07/15/2025		(19,624	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	84		07/15/2025		(21,366	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	107		07/15/2025		(26,982	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	225		07/15/2025		(56,418	)
Capital One Financial Corp.	SOFR minus 0.35%	Maturity		USD	479		07/15/2025		(122,828	)
First Busey Corp.	SOFR minus 0.35%	Maturity		USD	9		07/15/2025		117
First Busey Corp.	SOFR minus 0.35%	Maturity		USD	3		07/15/2025		59
First Busey Corp.	SOFR minus 0.35%	Maturity		USD	14		07/15/2025		7
First Busey Corp.	SOFR minus 0.35%	Maturity		USD	4		07/15/2025		(25	)
First Busey Corp.	SOFR minus 0.35%	Maturity		USD	5		07/15/2025		(40	)
First Busey Corp.	SOFR minus 0.35%	Maturity		USD	6		07/15/2025		(71	)
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	254		07/15/2025		67,829
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	103		07/15/2025		16,870
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	61		07/15/2025		16,374
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	54		07/15/2025		14,940
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	73		07/15/2025		10,679

37

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency	Current Notional (000)				Maturity Date		Unrealized Appreciation (Depreciation)
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	68			07/15/2025	$	10,519
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	58			07/15/2025		8,388
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	55			07/15/2025		7,731
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	52			07/15/2025		6,856
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	39			07/15/2025		6,727
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	41			07/15/2025		5,858
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	43			07/15/2025		5,510
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	36			07/15/2025		5,093
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	18			07/15/2025		4,695
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	30			07/15/2025		4,690
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	34			07/15/2025		4,312
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	24			07/15/2025		2,876
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	12			07/15/2025		2,176
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	15			07/15/2025		1,845
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	15			07/15/2025		1,270
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	6			07/15/2025		887
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	4			07/15/2025		695
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	36			07/15/2025		471
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	21			07/15/2025		349
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	35			07/15/2025		214
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	1			07/15/2025		128
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	1			07/15/2025		112
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	0	***		07/15/2025		79
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	0	***		07/15/2025		55
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	0	***		07/15/2025		43
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	0	***		07/15/2025		32
Schlumberger Ltd.	SOFR minus 0.35%	Maturity		USD	67			07/15/2025		(6,044	)
Morgan Stanley Capital Services LLC
Atlantic Union Bankshares Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		(5	)
Atlantic Union Bankshares Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		(16	)
Atlantic Union Bankshares Corp.	FedFundEffective minus 0.35%	Maturity		USD	7			10/20/2025		(942	)
Atlantic Union Bankshares Corp.	FedFundEffective minus 0.35%	Maturity		USD	10			10/20/2025		(1,269	)
Atlantic Union Bankshares Corp.	FedFundEffective minus 0.35%	Maturity		USD	18			10/20/2025		(2,619	)
Coeur Mining, Inc.	FedFundEffective minus 0.35%	Maturity		USD	28			10/20/2025		(93	)
CoStar Group, Inc.	FedFundEffective minus 0.35%	Maturity		USD	107			10/20/2025		8,599
CoStar Group, Inc.	FedFundEffective minus 0.35%	Maturity		USD	46			10/20/2025		3,538
CoStar Group, Inc.	FedFundEffective minus 0.35%	Maturity		USD	27			10/20/2025		2,126
CoStar Group, Inc.	FedFundEffective minus 0.35%	Maturity		USD	17			10/20/2025		1,958
CoStar Group, Inc.	FedFundEffective minus 0.35%	Maturity		USD	14			10/20/2025		1,660
CoStar Group, Inc.	FedFundEffective minus 0.35%	Maturity		USD	14			10/20/2025		1,079
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	32			10/20/2025		1,783

38

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency	Current Notional (000)				Maturity Date		Unrealized Appreciation (Depreciation)
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	19			10/20/2025	$	1,323
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	17			10/20/2025		1,126
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	32			10/20/2025		1,053
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	9			10/20/2025		723
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	16			10/20/2025		569
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	5			10/20/2025		424
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	5			10/20/2025		337
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	18			10/20/2025		235
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	3			10/20/2025		150
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	7			10/20/2025		87
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	1			10/20/2025		74
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	5			10/20/2025		52
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	8			10/20/2025		50
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	1			10/20/2025		47
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0			10/20/2025		11
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	8			10/20/2025		8
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		5
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		3
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		2
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		2
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		0
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		0
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		(33	)
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	3			10/20/2025		(106	)
First Majestic Silver Corp.	FedFundEffective minus 0.35%	Maturity		USD	1			10/20/2025		(216	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	2			10/20/2025		(491	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	5			10/20/2025		(1,373	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	7			10/20/2025		(1,784	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	10			10/20/2025		(2,866	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	12			10/20/2025		(3,522	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	15			10/20/2025		(4,104	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	15			10/20/2025		(4,309	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	16			10/20/2025		(4,670	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	20			10/20/2025		(5,753	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	30			10/20/2025		(11,128	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	43			10/20/2025		(12,831	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	38			10/20/2025		(13,442	)

39

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency	Current Notional (000)				Maturity Date		Unrealized Appreciation (Depreciation)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	48			10/20/2025	$	(13,489	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	37			10/20/2025		(14,070	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	48			10/20/2025		(15,579	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	44			10/20/2025		(16,750	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	45			10/20/2025		(16,875	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	60			10/20/2025		(17,008	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	62			10/20/2025		(17,131	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	56			10/20/2025		(19,343	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	77			10/20/2025		(22,348	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	78			10/20/2025		(23,059	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	113			10/20/2025		(40,074	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	171			10/20/2025		(46,616	)
International Paper Co.	SONIA minus 0.35%	Maturity		GBP	188			10/20/2025		(49,034	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	0	***		10/20/2025		(101	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	2			10/20/2025		(400	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	6			10/20/2025		(1,203	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	4			10/20/2025		(1,335	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	7			10/20/2025		(1,990	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	12			10/20/2025		(2,937	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	12			10/20/2025		(2,952	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	12			10/20/2025		(3,049	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	12			10/20/2025		(3,447	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	16			10/20/2025		(3,861	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	17			10/20/2025		(4,285	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	17			10/20/2025		(4,449	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	18			10/20/2025		(5,205	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	20			10/20/2025		(5,764	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	24			10/20/2025		(6,331	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	30			10/20/2025		(6,686	)
John Bean Technologies Corp.	EURIBOR minus 0.35%	Maturity		EUR	26			10/20/2025		(6,790	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	30			10/20/2025		(7,768	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	39			10/20/2025		(9,107	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	74			10/20/2025		(10,192	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	31			10/20/2025		(10,967	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	54			10/20/2025		(14,974	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	75			10/20/2025		(16,582	)
John Bean Technologies Corp.	EURIBOR minus 0.40%	Maturity		EUR	106			10/20/2025		(26,613	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	7			10/20/2025		(719	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	11			10/20/2025		(984	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	21			10/20/2025		(1,195	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	30			10/20/2025		(2,142	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	22			10/20/2025		(2,571	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	41			10/20/2025		(2,664	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	29			10/20/2025		(3,020	)

40

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency	Current Notional (000)				Maturity Date		Unrealized Appreciation (Depreciation)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	31			10/20/2025	$	(3,035	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	45			10/20/2025		(3,084	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	25			10/20/2025		(3,218	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	28			10/20/2025		(3,380	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	38			10/20/2025		(3,451	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	29			10/20/2025		(3,547	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	63			10/20/2025		(3,549	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	28			10/20/2025		(3,553	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	31			10/20/2025		(3,684	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	29			10/20/2025		(3,712	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	44			10/20/2025		(4,448	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	43			10/20/2025		(4,459	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	46			10/20/2025		(5,251	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	97			10/20/2025		(5,494	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	53			10/20/2025		(5,758	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	50			10/20/2025		(6,033	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	57			10/20/2025		(6,981	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	57			10/20/2025		(7,034	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	58			10/20/2025		(7,042	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	57			10/20/2025		(7,114	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	88			10/20/2025		(10,541	)
National Bank of Canada	CORRA minus 0.35%	Maturity		CAD	145			10/20/2025		(17,714	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		(22	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	1			10/20/2025		(150	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	5			10/20/2025		(339	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	3			10/20/2025		(360	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	5			10/20/2025		(662	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	10			10/20/2025		(1,167	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	31			10/20/2025		(2,530	)
Renasant Corp.	FedFundEffective minus 0.35%	Maturity		USD	367			10/20/2025		(28,705	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	15			10/20/2025		1,708
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	44			10/20/2025		1,095
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	36			10/20/2025		973
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	31			10/20/2025		931
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	61			10/20/2025		809
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	7			10/20/2025		492
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	22			10/20/2025		446
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	12			10/20/2025		437
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	4			10/20/2025		292

41

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency	Current Notional (000)				Maturity Date		Unrealized Appreciation (Depreciation)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	33			10/20/2025	$	164
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	77			10/20/2025		131
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	29			10/20/2025		68
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	1			10/20/2025		(9	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	10			10/20/2025		(9	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	60			10/20/2025		(146	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	6			10/20/2025		(153	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	13			10/20/2025		(171	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	12			10/20/2025		(313	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	30			10/20/2025		(1,266	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	18			10/20/2025		(1,573	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	23			10/20/2025		(1,648	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	20			10/20/2025		(1,701	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	68			10/20/2025		(3,342	)
Synopsys, Inc.	FedFundEffective minus 0.35%	Maturity		USD	90			10/20/2025		(4,379	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	0	***		10/20/2025		(92	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	1			10/20/2025		(189	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	1			10/20/2025		(279	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	2			10/20/2025		(373	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	2			10/20/2025		(473	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	2			10/20/2025		(477	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	2			10/20/2025		(556	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	2			10/20/2025		(598	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	2			10/20/2025		(601	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	3			10/20/2025		(735	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	3			10/20/2025		(946	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	4			10/20/2025		(1,020	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	5			10/20/2025		(1,627	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	6			10/20/2025		(1,920	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	6			10/20/2025		(2,203	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	7			10/20/2025		(2,376	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	9			10/20/2025		(2,766	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	15			10/20/2025		(5,195	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	19			10/20/2025		(6,286	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	22			10/20/2025		(6,452	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	20			10/20/2025		(6,623	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	30			10/20/2025		(7,017	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	21			10/20/2025		(7,337	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	26			10/20/2025		(7,732	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	52			10/20/2025		(8,271	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	29			10/20/2025		(8,527	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	26			10/20/2025		(9,017	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	28			10/20/2025		(9,037	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	28			10/20/2025		(9,490	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	37			10/20/2025		(11,094	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	35			10/20/2025		(11,343	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	54			10/20/2025		(11,405	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	41			10/20/2025		(12,170	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	58			10/20/2025		(18,275	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	62			10/20/2025		(21,344	)
UMB Financial Corp.	FedFundEffective minus 0.35%	Maturity		USD	79			10/20/2025		(27,360	)

42

Counterparty & Referenced Obligation	Rate Paid/ Received	Payment Frequency		Current Notional (000)			Maturity Date		Unrealized Appreciation (Depreciation)
UMB Financial Corp.	FedFundEffective minus 0.35%		Maturity		USD	86		10/20/2025	$	(28,124	)
UMB Financial Corp.	FedFundEffective minus 0.35%		Maturity		USD	86		10/20/2025		(28,410	)
UMB Financial Corp.	FedFundEffective minus 0.35%		Maturity		USD	91		10/20/2025		(31,065	)
UMB Financial Corp.	FedFundEffective minus 0.35%		Maturity		USD	144		10/20/2025		(49,551	)
									$	(436,136	)

*** Notional amount less than 500.

(a) Security in which significant unobservable inputs (Level 3) were used in determining fair value.

(b) Fair valued by the Adviser.

(c) Non-income producing security.

(d) Represents entire or partial securities out on loan.

(e) Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At November 30, 2024, the aggregate market value of these securities amounted to $70,380,009 or 16.2% of net assets.

(f) To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(g) Floating Rate Security. Stated interest/floor/ceiling rate was in effect at November 30, 2024.

(h) Securities are perpetual and, thus, do not have a predetermined maturity date. The date shown, if applicable, reflects the next call date.

(i) Coupon rate adjusts periodically based upon a predetermined schedule. Stated interest rate in effect at November 30, 2024.

(j) Defaulted matured security.

(k) Pay-In-Kind Payments (PIK). The issuer may pay cash interest and/or interest in additional debt securities. Rates shown are the rates in effect at November 30, 2024.

(l) Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 0.00% of net assets as of November 30, 2024, are considered illiquid and restricted. Additional information regarding such securities follows:

144A/Restricted & Illiquid Securities	Acquisition Date	Cost	Market Value	Percentage of Net Assets
Digicel Group Holdings Ltd. Zero Coupon, 12/31/2030	11/16/2023	$    6	$  38	0.00%
Exide Technologies (Exchange Priority) 11.00%, 10/31/2024	10/26/2020	0	0	0.00%
Exide Technologies (First Lien) 11.00%, 10/31/2024	06/21/2019-12/01/2019	17,967	0	0.00%
K2016470219 South Africa Ltd. 3.00%, 12/31/2022	04/26/2017	40,373	0	0.00%
K2016470260 South Africa Ltd. 25.00%, 12/31/2022	04/26/2017	30,992	0	0.00%

43

144A/Restricted & Illiquid Securities	Acquisition Date	Cost	Market Value	Percentage of Net Assets
Magnetation LLC/Mag Finance Corp. 11.00%, 05/15/2018	04/26/2017	$     15	$   0	0.00%

(m) Escrow shares.

(n) Affiliated investments.

(o) The rate shown represents the 7-day yield as of period end.

(p) As of November 30, 2024, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $55,937,922 gross unrealized depreciation of investments was $(9,979,032) resulting in net unrealized appreciation of $45,958,890.

Currency Abbreviation:

AUD – Australian Dollar

BRL – Brazilian Real

CAD – Canadian Dollar

CHF – Swiss Franc

CLP – Chilean Peso

CNH – Chinese Yuan Renminbi (Offshore)

CNY – Chinese Yuan Renminbi

COP – Colombian Peso

CZK – Czech Koruna

EUR – Euro

GBP – Great British Pound

HUF – Hungarian Forint

IDR – Indonesian Rupiah

INR – Indian Rupee

JPY – Japanese Yen

KRW – South Korean Won

MXN – Mexican Peso

MYR – Malaysian Ringgit

NOK – Norwegian Krone

NZD – New Zealand Dollar

PEN – Peruvian Sol

PHP – Philippine Peso

PLN – Polish Zloty

RUB – Russian Ruble

SEK – Swedish Krona

SGD – Singapore Dollar

THB – Thailand Baht

TWD – New Taiwan Dollar

USD – United States Dollar

ZAR – South African Rand

Glossary:

ABS – Asset-Backed Securities

ADR – American Depositary Receipt

BKBM – Bank Bill Benchmark (New Zealand)

BOBL – Bundesobligationen

CBT – Chicago Board of Trade

CDX-NAHY – North American High Yield Credit Default Swap Index

CLO – Collateralized Loan Obligations

CMBS – Commercial Mortgage-Backed Securities

CME – Chicago Mercantile Exchange

CORRA – Canadian Overnight Repo Rate Average

CVR – Contingent Value Right

EAFE – Europe, Australia, and Far East

ETF – Exchange Traded Fund

ETS – Emission Trading Scheme

EURIBOR – Euro Interbank Offered Rate

44

FedFundEffective – Federal Funds Effective Rate

FTSE – Financial Times Stock Exchange

IFSC – International Financial Services Centre

JSE – Johannesburg Stock Exchange

KLCI – Kuala Lumpur Composite Index

KOSPI – Korea Composite Stock Price Index

MSCI – Morgan Stanley Capital International

NIBOR – Norwegian Interbank Offered Rate

NSE – National Stock Exchange

OAT – Obligations Assimilables du Trésor

OMXS – Stockholm Stock Exchange

OSE – Osaka Securities Exchange

REG – Registered Shares

SET – Stock Exchange of Thailand

SOFR – Secured Overnight Financing Rate

SONIA – Sterling Overnight Index Average

SPI – Share Price Index

STIBOR – Stockholm Interbank Offered Rate

TBA – To Be Announced

TIPS – Treasury Inflation Protected Security

TOPIX – Tokyo Price Index

TSX – Toronto Stock Exchange

COUNTRY BREAKDOWN¹

November 30, 2024 (unaudited)

56.5	%	United States
13.3	%	Japan
5.0	%	United Kingdom
3.3	%	France
2.6	%	Canada
1.3	%	Germany
1.1	%	Italy
1.1	%	Spain
0.9	%	Denmark
0.8	%	Australia
0.8	%	Netherlands
0.6	%	South Korea
0.5	%	Switzerland
5.4	%	Other
6.8	%	Short-Term Investments
100.0	%	Total Investments

¹  The Fund’s country breakdown is expressed as a percentage of total investments (excluding security lending collateral) and may vary over time. The Fund also enters into derivative transactions, which may be used for hedging or investment purposes (see “Portfolio of Investments” section of the report for additional details). “Other” country weightings represent 0.5% or less in the following: Argentina, Austria, Belgium, Brazil, Chile, China, Colombia, Finland, Hong Kong, Hungary, Iceland, Indonesia, Ireland, Jamaica, Luxembourg, Mexico, Norway, Peru, Poland, Romania, Russia, Saudi Arabia, Singapore, South Africa, Supranational, Sweden and Taiwan.

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AB All Market Total Return Portfolio

November 30, 2024 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

• Level 1 - quoted prices in active markets for identical investments

• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 - significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

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Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

The following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of November 30, 2024:

Investments in Securities:	Level 1		Level 2		Level 3			Total
Assets:
Common Stocks:
Information Technology	$	38,090,497	$	2,833,276	$	0	(a)	$	40,923,773
Financials		19,575,617		9,345,208		35,325			28,956,150
Health Care		18,919,179		3,001,946		—			21,921,125
Industrials		11,207,510		7,509,390		3,094			18,719,994
Consumer Discretionary		12,423,211		3,104,586		0	(a)		15,527,797
Communication Services		10,057,362		1,464,467		—			11,521,829
Consumer Staples		7,149,669		2,920,300		8,714			10,078,683
Materials		5,695,530		1,703,246		—			7,398,776
Energy		2,797,069		1,862,667		0	(a)		4,659,736
Utilities		2,507,175		1,394,913		—			3,902,088
Real Estate		1,413,446		585,269		—			1,998,715
Governments - Treasuries		—		96,974,080		—			96,974,080
Investment Companies		63,823,172		—		—			63,823,172
Corporates - Investment Grade		—		31,306,552		—			31,306,552
Mortgage Pass-Throughs		—		19,823,573		—			19,823,573
Collateralized Loan Obligations		—		4,624,645		—			4,624,645
Covered Bonds		—		4,054,321		—			4,054,321
Collateralized Mortgage Obligations		—		3,957,029		—			3,957,029
Asset-Backed Securities		—		3,550,205		—			3,550,205
Inflation-Linked Securities		—		2,899,102		—			2,899,102
Local Governments - Provincial Bonds		—		2,835,287		—			2,835,287
Governments - Sovereign Agencies		—		2,693,812		—			2,693,812
Supranationals		—		2,022,056		—			2,022,056
Local Governments - Regional Bonds		—		1,691,178		—			1,691,178
Commercial Mortgage-Backed Securities		—		1,687,755		—			1,687,755
Governments - Sovereign Bonds		—		1,443,704		—			1,443,704
Quasi-Sovereigns		—		526,012		—			526,012
Corporates - Non-Investment Grade		—		—		234,723	(a)		234,723
Preferred Stocks		—		—		109,746			109,746
Rights		—		—		55,268			55,268

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Investments in Securities:	Level 1			Level 2			Level 3			Total
Emerging Markets - Corporate Bonds		—			—			38	(a)		38
Emerging Markets - Treasuries		—			—			0	(a)		—
Warrants		—			—			0	(a)		—
Short-Term Investments		30,081,095			—			—			30,081,095
Investments of Cash Collateral for Securities Loaned in Affiliated Money Market Fund		1,253,658			—			—			1,253,658
Total Investments in Securities		224,994,190			215,814,579			446,908	(a)		441,255,677
Other Financial Instruments(b):
Assets:
Futures		5,041,741			—			—			5,041,741
Forward Currency Exchange Contracts		—			3,190,094			—			3,190,094
Centrally Cleared Credit Default Swaps		—			1,425,722			—			1,425,722
Centrally Cleared Interest Rate Swaps		—			86,296			—			86,296
Total Return Swaps		—			1,142,662			—			1,142,662
Liabilities:
Futures		(1,049,478	)		—			—			(1,049,478	)
Forward Currency Exchange Contracts		—			(2,419,944	)		—			(2,419,944	)
Centrally Cleared Credit Default Swaps		—			(73,460	)		—			(73,460	)
Centrally Cleared Interest Rate Swaps		—			(49,849	)		—			(49,849	)
Total Return Swaps		—			(1,578,798	)		—			(1,578,798	)
Total	$	228,986,453		$	217,537,302		$	446,908	(a)	$	446,970,663

^(a)  The Fund held securities with zero market value at period end.

^(b)  Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.

A summary of the Fund’s transactions in AB mutual funds for the three months ended November 30, 2024 is as follows:

Fund	Market Value 08/31/2024 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Market Value 11/30/2024 (000)		Dividend Income (000)
Government Money Market Portfolio	$	22,609	$	54,460	$	46,988	$	30,081	$	0
Government Money Market Portfolio*		4,756		51,106		54,608		1,254		30
Total	$	27,365	$	105,566	$	101,596	$	31,335	$	30

* Investments of cash collateral for securities lending transactions

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