NPORT-P false 0000730044 XXXXXXXX S000002426 C000006467 C000006469 C000006470 C000155939 Morgan Stanley Long Duration Government Opportunities Fund 811-03870 0000730044 5493009GJO3TMFRP8I30 1585 Broadway NEW YORK 10036 800-869-6397 Morgan Stanley Long Duration Government Opportunities Fund S000002426 5493009GJO3TMFRP8I30 2026-12-31 2026-06-30 N 267539964.32 60272771.25 207267193.07 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2781953.13000000 0.00000000 0.00000000 2777595.28000000 USD N Bloomberg Treasury 10+ Yr Index LEH_10P UMBS, TBA N/A 01F042673 10000000.00000000 PA USD 9587109.00000000 4.625483106128 Long ABS-MBS USGSE US N 2 2056-07-01 Fixed 4.50000000 N N N N N N UMBS, TBA N/A 01F050676 24500000.00000000 PA USD 24076036.08000000 11.61594158891 Long ABS-MBS USGSE US N 2 2056-07-01 Fixed 5.00000000 N N N N N N UMBS, TBA N/A 01F052672 9100000.00000000 PA USD 9131636.61000000 4.405731787430 Long ABS-MBS USGSE US N 2 2056-07-01 Fixed 5.50000000 N N N N N N Bank 549300664283JRAXM588 06540BBE8 6129286.66000000 PA USD 132198.29000000 0.063781579728 Long ABS-MBS CORP US N 2 2052-10-17 Variable 0.93200000 N N N N N N Champs Trust N/A 15878DAA6 1844289.46000000 PA USD 1911616.91000000 0.922295941622 Long ABS-MBS CORP US N 2 2060-10-25 Variable 7.63900000 N N N N N N Citigroup Commercial Mortgage Trust N/A 17324KAV0 920581.57000000 PA USD 15.10000000 0.000007285282 Long ABS-MBS CORP US N 2 2048-11-10 Variable 0.57000000 N N N N N N Credit Suisse Mortgage Trust 549300818AKCJ4Q9TD76 22945AAG4 945299.00000000 PA USD 511617.66000000 0.246839672223 Long ABS-MBS CORP US N 2 2057-07-25 Variable 2.99200000 N N N N N N Farmer Mac Agricultural Real Estate Trust N/A 30328CAC9 811952.69000000 PA USD 617480.68000000 0.297915299982 Long ABS-MBS CORP US N 2 2052-01-25 Variable 2.95700000 N N N N N N Farmer Mac Agricultural Real Estate Trust N/A 30335JAE1 1616777.05000000 PA USD 1430828.29000000 0.690330326187 Long ABS-MBS CORP US N 2 2053-10-01 Variable 5.07600000 N N N N N N Farmer Mac Agricultural Real Estate Trust N/A 30767YAC9 862198.14000000 PA USD 656614.49000000 0.316796151033 Long ABS-MBS CORP US N 2 2052-03-25 Variable 3.03400000 N N N N N N Farmer Mac Agricultural Real Estate Trust N/A 30768CAE2 1779797.78000000 PA USD 1575836.16000000 0.760292131455 Long ABS-MBS CORP US N 2 2055-08-01 Variable 5.64000000 N N N N N N Farmer Mac Agricultural Real Estate Trust N/A 30768WAC2 643391.69000000 PA USD 502755.27000000 0.242563843584 Long ABS-MBS CORP US N 2 2051-07-25 Variable 3.22600000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31287XNX0 12216.43000000 PA USD 12644.55000000 0.006100603676 Long ABS-MBS USGSE US N 2 2032-09-01 Fixed 6.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31287YP81 50959.37000000 PA USD 52745.22000000 0.025447934725 Long ABS-MBS USGSE US N 2 2032-09-01 Fixed 6.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3128M7S49 19854.96000000 PA USD 20671.48000000 0.009973348745 Long ABS-MBS USGSE US N 2 2032-08-01 Fixed 8.00000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3128M7S56 24864.50000000 PA USD 25945.98000000 0.012518131603 Long ABS-MBS USGSE US N 2 2031-08-01 Fixed 8.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3128M7SU1 41116.72000000 PA USD 42928.64000000 0.020711738970 Long ABS-MBS USGSE US N 2 2035-05-01 Fixed 7.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3128QJMU7 63103.85000000 PA USD 65300.05000000 0.031505251281 Long ABS-MBS USGSE US N 2 2036-11-01 Floating 6.37700000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3128QSYV2 76682.18000000 PA USD 79532.67000000 0.038372049537 Long ABS-MBS USGSE US N 2 2036-10-01 Floating 6.51100000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31293MJF0 11060.54000000 PA USD 11448.15000000 0.005523377737 Long ABS-MBS USGSE US N 2 2029-03-01 Fixed 6.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3133N3VL5 66662.06000000 PA USD 58333.71000000 0.028144208032 Long ABS-MBS USGSE US N 2 2049-12-01 Fixed 3.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BQ3K3 4416299.63000000 PA USD 4593697.53000000 2.216316756144 Long ABS-MBS USGSE US N 2 2054-03-25 Fixed 6.00000000 N Y N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BQE96 5126808.23000000 PA USD 5455545.33000000 2.632131621600 Long ABS-MBS USGSE US N 2 2053-08-25 Fixed 6.25000000 N Y N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BQSU4 1213163.58000000 PA USD 1001898.79000000 0.483385129677 Long ABS-MBS USGSE US N 2 2053-11-25 None 0.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BR7J0 2578568.28000000 PA USD 2495287.74000000 1.203899036330 Long ABS-MBS USGSE US N 2 2054-06-25 Floating 6.94200000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BRRS8 3584745.00000000 PA USD 3783000.04000000 1.825180330744 Long ABS-MBS USGSE US N 2 2053-10-25 Fixed 6.00000000 N Y N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BUDK3 2367967.20000000 PA USD 2373941.58000000 1.145353273153 Long ABS-MBS USGSE US N 2 2055-01-25 Floating 7.63900000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BUJD3 2094482.58000000 PA USD 2104959.91000000 1.015577949805 Long ABS-MBS USGSE US N 2 2055-01-25 Floating 7.63900000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BVHK7 851924.28000000 PA USD 878006.03000000 0.423610710887 Long ABS-MBS USGSE US N 2 2055-03-25 Floating 7.62800000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BWHH2 1300761.04000000 PA USD 1325406.88000000 0.639467761573 Long ABS-MBS USGSE US N 2 2055-02-25 Floating 9.27300000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BXXS8 1760972.64000000 PA USD 1793034.84000000 0.865083766244 Long ABS-MBS USGSE US N 2 2055-10-25 Floating 7.20000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136G5TF7 978649.24000000 PA USD 995832.12000000 0.480458149333 Long ABS-MBS USGSE US N 2 2056-05-25 Floating 8.31100000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136G6RB6 20000000.00000000 PA USD 957096.00000000 0.461769171388 Long ABS-MBS USGSE US N 2 2056-07-25 Floating 1.85700000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137B5SC8 1022693.59000000 PA USD 65504.04000000 0.031603670136 Long ABS-MBS USGSE US N 2 2043-11-15 Floating 2.29300000 N N N N N N FHLMC Multifamily Structured Pass Through Certs. S6XOOCT0IEG5ABCC6L87 3137FCJM7 30244828.04000000 PA USD 106115.49000000 0.051197436713 Long ABS-MBS USGSE US N 2 2027-11-25 Variable 0.44400000 N N N N N N FHLMC Multifamily Structured Pass Through Certs. S6XOOCT0IEG5ABCC6L87 3137H7MB6 23968354.93000000 PA USD 427478.01000000 0.206244897549 Long ABS-MBS USGSE US N 2 2032-04-25 Variable 0.43700000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HAU79 2971765.76000000 PA USD 3163847.62000000 1.526458467998 Long ABS-MBS USGSE US N 2 2053-11-25 Fixed 6.50000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HBEY6 4716894.50000000 PA USD 5078845.87000000 2.450385801425 Long ABS-MBS USGSE US N 2 2054-01-25 Fixed 6.25000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HBGG3 2283616.05000000 PA USD 2300846.85000000 1.110087330233 Long ABS-MBS USGSE US N 2 2054-02-25 Fixed 5.50000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HCP22 1138459.55000000 PA USD 1187997.34000000 0.573171915151 Long ABS-MBS USGSE US N 2 2054-05-25 Fixed 6.00000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HCRF1 4616809.15000000 PA USD 4707978.20000000 2.271453639269 Long ABS-MBS USGSE US N 2 2054-05-25 Fixed 5.50000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HDMS6 3381479.34000000 PA USD 3503677.89000000 1.690416046121 Long ABS-MBS USGSE US N 2 2054-07-25 Fixed 6.00000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HDRB8 5962971.68000000 PA USD 6296806.86000000 3.038014249497 Long ABS-MBS USGSE US N 2 2054-07-25 Fixed 6.00000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HDSQ4 2254319.56000000 PA USD 2335449.48000000 1.126782027299 Long ABS-MBS USGSE US N 2 2054-07-25 Fixed 6.00000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HFKD6 6635024.94000000 PA USD 6785965.79000000 3.274018280214 Long ABS-MBS USGSE US N 2 2054-09-25 Fixed 5.50000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HHFC0 3199166.57000000 PA USD 3370937.18000000 1.626372765544 Long ABS-MBS USGSE US N 2 2054-11-25 Fixed 6.00000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HHLN9 3367453.45000000 PA USD 3552292.63000000 1.713871152199 Long ABS-MBS USGSE US N 2 2054-12-25 Fixed 6.00000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HHTC5 2546543.85000000 PA USD 2509569.05000000 1.210789326004 Long ABS-MBS USGSE US N 2 2054-12-25 Floating 7.52900000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HHWT4 2160712.18000000 PA USD 2165549.37000000 1.044810487334 Long ABS-MBS USGSE US N 2 2055-01-25 Floating 7.63900000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HJH59 727339.07000000 PA USD 778897.88000000 0.375794098652 Long ABS-MBS USGSE US N 2 2055-02-25 Floating 10.11700000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HLQB1 1066986.20000000 PA USD 1111693.35000000 0.536357603696 Long ABS-MBS USGSE US N 2 2055-06-25 Fixed 6.00000000 N Y N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HLTA0 651004.17000000 PA USD 660609.02000000 0.318723388016 Long ABS-MBS USGSE US N 2 2055-02-25 Floating 8.32800000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HMLP3 1460793.94000000 PA USD 1497087.22000000 0.722298207364 Long ABS-MBS USGSE US N 2 2055-06-25 Floating 8.25000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HNHF8 1775818.66000000 PA USD 1811310.97000000 0.873901432817 Long ABS-MBS USGSE US N 2 2055-10-25 Floating 7.20000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137HPAN3 1846429.24000000 PA USD 1897686.95000000 0.915575167440 Long ABS-MBS USGSE US N 2 2055-12-25 Floating 10.57200000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31383HNK6 874.43000000 PA USD 905.07000000 0.000436668238 Long ABS-MBS USGSE US N 2 2029-06-01 Fixed 6.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31385XJG3 3153.38000000 PA USD 3263.89000000 0.001574725817 Long ABS-MBS USGSE US N 2 2033-02-01 Fixed 6.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31387ECT2 1620.12000000 PA USD 1676.90000000 0.000809052303 Long ABS-MBS USGSE US N 2 2031-06-01 Fixed 6.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31387JZA7 341.74000000 PA USD 360.83000000 0.000174089297 Long ABS-MBS USGSE US N 2 2031-05-01 Fixed 7.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3138A4JG1 19202.21000000 PA USD 19292.79000000 0.009308173529 Long ABS-MBS USGSE US N 2 2041-01-01 Fixed 5.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31391PNB8 526.28000000 PA USD 544.72000000 0.000262810525 Long ABS-MBS USGSE US N 2 2032-09-01 Fixed 6.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31407VXQ3 52172.30000000 PA USD 53159.49000000 0.025647807167 Long ABS-MBS USGSE US N 2 2035-09-01 Fixed 5.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140K8XM8 173937.00000000 PA USD 148318.18000000 0.071558927297 Long ABS-MBS USGSE US N 2 2050-02-01 Fixed 2.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418C2G8 42542.93000000 PA USD 40781.22000000 0.019675675342 Long ABS-MBS USGSE US N 2 2048-09-01 Fixed 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418CTP9 110910.79000000 PA USD 102387.02000000 0.049398565437 Long ABS-MBS USGSE US N 2 2048-01-01 Fixed 3.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418CX66 66050.36000000 PA USD 63315.20000000 0.030547622642 Long ABS-MBS USGSE US N 2 2048-06-01 Fixed 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418DBR2 16647.30000000 PA USD 15289.88000000 0.007376893455 Long ABS-MBS USGSE US N 2 2049-04-01 Fixed 3.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418DD66 90616.98000000 PA USD 79437.44000000 0.038326104012 Long ABS-MBS USGSE US N 2 2049-07-01 Fixed 3.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418DD74 75935.58000000 PA USD 69743.80000000 0.033649222999 Long ABS-MBS USGSE US N 2 2049-07-01 Fixed 3.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418DDH2 82158.69000000 PA USD 72022.66000000 0.034748702355 Long ABS-MBS USGSE US N 2 2049-05-01 Fixed 3.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418DHY1 118398.41000000 PA USD 103606.44000000 0.049986897813 Long ABS-MBS USGSE US N 2 2049-11-01 Fixed 3.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418MJP8 68019.14000000 PA USD 70911.95000000 0.034212819187 Long ABS-MBS USGSE US N 2 2037-08-01 Fixed 7.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418MJQ6 50756.22000000 PA USD 52791.71000000 0.025470364710 Long ABS-MBS USGSE US N 2 2033-04-01 Fixed 8.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418MJT0 56270.34000000 PA USD 58584.32000000 0.028265119593 Long ABS-MBS USGSE US N 2 2032-10-01 Fixed 8.50000000 N N N N N N Freddie Mac - SCRT S6XOOCT0IEG5ABCC6L87 35563PGA1 636792.70000000 PA USD 548702.24000000 0.264731833278 Long ABS-MBS USGSE US N 2 2057-08-25 Fixed 3.00000000 N N N N N N Freddie Mac - SCRT S6XOOCT0IEG5ABCC6L87 35563PGZ6 866857.68000000 PA USD 745389.68000000 0.359627430158 Long ABS-MBS USGSE US N 2 2058-03-25 Fixed 3.00000000 N N N N N N Freddie Mac - SCRT S6XOOCT0IEG5ABCC6L87 35563PTN9 906296.30000000 PA USD 806792.49000000 0.389252383867 Long ABS-MBS USGSE US N 2 2060-05-25 Fixed 3.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3617A5JF3 466005.11000000 PA USD 430736.79000000 0.207817157949 Long ABS-MBS USGA US N 2 2045-08-20 Fixed 3.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3617J6UQ5 11860.93000000 PA USD 11730.20000000 0.005659458125 Long ABS-MBS USGA US N 2 2048-12-20 Fixed 5.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3617JKEK5 21660.41000000 PA USD 21148.86000000 0.010203669807 Long ABS-MBS USGA US N 2 2049-04-20 Fixed 4.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36181CNU8 239746.24000000 PA USD 228322.08000000 0.110158330712 Long ABS-MBS USGA US N 2 2044-07-15 Fixed 4.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3618AP4R7 80666.88000000 PA USD 83502.75000000 0.040287490153 Long ABS-MBS USGA US N 2 2053-05-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3618AUEB0 339545.22000000 PA USD 351482.05000000 0.169579201027 Long ABS-MBS USGA US N 2 2053-04-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3618BDJJ5 203872.68000000 PA USD 210976.19000000 0.101789476122 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3618BDJK2 356932.87000000 PA USD 368365.55000000 0.177724966765 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3618BDJL0 241439.92000000 PA USD 252875.32000000 0.122004508409 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3618BDJM8 167796.49000000 PA USD 175743.89000000 0.084790982787 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3618BWLT8 481452.58000000 PA USD 498378.21000000 0.240452047725 Long ABS-MBS USGA US N 2 2053-05-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36194TQH2 239752.42000000 PA USD 219271.82000000 0.105791860618 Long ABS-MBS USGA US N 2 2046-07-20 Fixed 3.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36202DCU3 11412.50000000 PA USD 11768.93000000 0.005678144150 Long ABS-MBS USGA US N 2 2029-07-20 Fixed 7.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36202EAL3 130683.73000000 PA USD 134057.97000000 0.064678817720 Long ABS-MBS USGA US N 2 2034-09-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36207QRP4 8.33000000 PA USD 8.32000000 0.000004014142 Long ABS-MBS USGA US N 2 2026-07-15 Fixed 8.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36207VB39 1031.65000000 PA USD 1053.91000000 0.000508478927 Long ABS-MBS USGA US N 2 2028-12-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36208PY77 405.51000000 PA USD 414.26000000 0.000199867617 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36208R2F0 2330.95000000 PA USD 2381.23000000 0.001148869710 Long ABS-MBS USGA US N 2 2028-12-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36208WDZ3 2201.89000000 PA USD 2249.39000000 0.001085260994 Long ABS-MBS USGA US N 2 2028-06-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36208YLF4 2909.60000000 PA USD 2972.37000000 0.001434076447 Long ABS-MBS USGA US N 2 2028-09-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209A6R6 2065.82000000 PA USD 2111.42000000 0.001018694743 Long ABS-MBS USGA US N 2 2030-07-15 Fixed 8.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209AE48 2766.64000000 PA USD 2826.32000000 0.001363611847 Long ABS-MBS USGA US N 2 2028-09-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209FJT7 771.56000000 PA USD 775.16000000 0.000373990687 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209KEB0 3828.94000000 PA USD 3911.54000000 0.001887196879 Long ABS-MBS USGA US N 2 2028-12-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209KET1 5497.62000000 PA USD 5616.22000000 0.002709652172 Long ABS-MBS USGA US N 2 2028-12-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209KLL0 3090.37000000 PA USD 3157.04000000 0.001523174002 Long ABS-MBS USGA US N 2 2029-02-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209PRT6 4196.04000000 PA USD 4286.56000000 0.002068132412 Long ABS-MBS USGA US N 2 2028-10-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36209T4D8 2058.35000000 PA USD 2102.75000000 0.001014511736 Long ABS-MBS USGA US N 2 2028-09-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXE38 63562.90000000 PA USD 64117.01000000 0.030934471128 Long ABS-MBS USGA US N 2 2036-06-20 Fixed 5.25000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXEL8 151636.48000000 PA USD 153472.59000000 0.074045770450 Long ABS-MBS USGA US N 2 2036-02-20 Fixed 5.37500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXER5 69014.15000000 PA USD 69600.82000000 0.033580239578 Long ABS-MBS USGA US N 2 2036-04-20 Fixed 5.25000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXF94 5197.12000000 PA USD 5222.65000000 0.002519766839 Long ABS-MBS USGA US N 2 2037-11-20 Fixed 5.12500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXFD5 42274.13000000 PA USD 42801.14000000 0.020650224170 Long ABS-MBS USGA US N 2 2036-07-20 Fixed 5.37500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXFR4 70990.09000000 PA USD 71940.16000000 0.034708898660 Long ABS-MBS USGA US N 2 2040-08-20 Fixed 5.37500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXH27 15556.45000000 PA USD 15588.87000000 0.007521146868 Long ABS-MBS USGA US N 2 2040-01-20 Fixed 5.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXH43 198963.26000000 PA USD 199379.56000000 0.096194461384 Long ABS-MBS USGA US N 2 2040-01-20 Fixed 5.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXHY7 19873.90000000 PA USD 20144.20000000 0.009718952479 Long ABS-MBS USGA US N 2 2040-01-20 Fixed 5.37500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXJL3 15287.84000000 PA USD 15428.38000000 0.007443715414 Long ABS-MBS USGA US N 2 2039-09-20 Fixed 5.25000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 3620AXLF3 17800.35000000 PA USD 18040.36000000 0.008703914851 Long ABS-MBS USGA US N 2 2039-03-20 Fixed 5.37500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210A6F9 9835.00000000 PA USD 10047.17000000 0.004847448287 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210CJV6 202.19000000 PA USD 206.55000000 0.000099653976 Long ABS-MBS USGA US N 2 2028-12-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210CLJ0 2783.54000000 PA USD 2843.59000000 0.001371944087 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210D3C3 425.52000000 PA USD 427.51000000 0.000206260331 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210GTP9 1508.43000000 PA USD 1540.97000000 0.000743470289 Long ABS-MBS USGA US N 2 2028-12-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210KRL1 3743.46000000 PA USD 3824.22000000 0.001845067684 Long ABS-MBS USGA US N 2 2029-02-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210RUA6 1825.09000000 PA USD 1866.05000000 0.000900311319 Long ABS-MBS USGA US N 2 2030-01-15 Fixed 8.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210SFX1 2693.99000000 PA USD 2752.11000000 0.001327807821 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210UZD8 2088.70000000 PA USD 2133.76000000 0.001029473101 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210VF55 2936.96000000 PA USD 3000.32000000 0.001447561457 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210VF71 3290.66000000 PA USD 3361.65000000 0.001621891988 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36210YYN9 1584.79000000 PA USD 1618.98000000 0.000781107697 Long ABS-MBS USGA US N 2 2029-03-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36212DRT8 10066.49000000 PA USD 10346.62000000 0.004991923635 Long ABS-MBS USGA US N 2 2031-08-15 Fixed 8.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36212F6X7 9433.03000000 PA USD 9610.22000000 0.004636633447 Long ABS-MBS USGA US N 2 2030-05-15 Fixed 8.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36212VVM8 3055.94000000 PA USD 3125.64000000 0.001508024474 Long ABS-MBS USGA US N 2 2030-12-15 Fixed 8.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36216AJG7 1633.27000000 PA USD 1668.50000000 0.000804999563 Long ABS-MBS USGA US N 2 2028-06-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36219RF55 1436.09000000 PA USD 1467.07000000 0.000707815828 Long ABS-MBS USGA US N 2 2029-02-15 Fixed 6.00000000 N N N N N N GS Mortgage Securities Trust 54930070360RBP384M53 36250VAF9 650834.68000000 PA USD 784.06000000 0.000378284661 Long ABS-MBS CORP US N 2 2048-10-10 Variable 0.78600000 N N N N N N GS Mortgage-Backed Securities Trust 254900X1ABPQ6D4G6D07 36258WBR2 838000.00000000 PA USD 535333.84000000 0.258281994400 Long ABS-MBS CORP US N 2 2050-10-25 Variable 3.40800000 N N N N N N GS Mortgage-Backed Securities Trust 25490038RWR4AJZ5B524 36267JBS8 1311561.18000000 PA USD 828347.94000000 0.399652220754 Long ABS-MBS CORP US N 2 2053-01-25 Variable 3.18600000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 36291L6N0 22092.07000000 PA USD 22419.29000000 0.010816612927 Long ABS-MBS USGA US N 2 2029-08-15 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38377TZF1 149340.63000000 PA USD 28499.67000000 0.013750207921 Long ABS-MBS USGA US N 2 2041-02-16 Fixed 5.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38383BN40 937845.36000000 PA USD 951186.77000000 0.458918150967 Long ABS-MBS USGA US N 2 2055-09-20 Floating 7.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38383U7L8 974939.16000000 PA USD 980138.71000000 0.472886565154 Long ABS-MBS USGA US N 2 2052-10-20 Floating 9.50100000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384A2Z5 2630563.00000000 PA USD 2740281.42000000 1.322100897595 Long ABS-MBS USGA US N 2 2053-05-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384AF65 9772725.00000000 PA USD 10143748.46000000 4.894044402180 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384AG64 5831743.00000000 PA USD 6077844.30000000 2.932371597249 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384B2C4 4000000.00000000 PA USD 4167654.00000000 2.010763950758 Long ABS-MBS USGA US N 2 2053-07-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384BNC1 3799960.00000000 PA USD 3970737.04000000 1.915757617588 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384BS69 11500000.00000000 PA USD 11981505.00000000 5.780705003301 Long ABS-MBS USGA US N 2 2053-07-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384BTN1 1841911.00000000 PA USD 1918239.79000000 0.925491276061 Long ABS-MBS USGA US N 2 2053-06-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384BXQ9 7500000.00000000 PA USD 7813314.00000000 3.769681966678 Long ABS-MBS USGA US N 2 2053-07-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384BXW6 5000000.00000000 PA USD 5207725.00000000 2.512565989274 Long ABS-MBS USGA US N 2 2053-07-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384BY39 1219488.88000000 PA USD 1263340.30000000 0.609522559401 Long ABS-MBS USGA US N 2 2053-07-20 Floating 9.09800000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384D7E1 8064537.00000000 PA USD 8476222.34000000 4.089514705367 Long ABS-MBS USGA US N 2 2053-11-20 Fixed 6.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384DFS1 896397.55000000 PA USD 976682.77000000 0.471219181161 Long ABS-MBS USGA US N 2 2053-10-20 Floating 10.62400000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384EHD0 2582871.00000000 PA USD 2682905.34000000 1.294418716373 Long ABS-MBS USGA US N 2 2053-09-20 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384EKB0 5894541.68000000 PA USD 6186353.32000000 2.984723838041 Long ABS-MBS USGA US N 2 2053-09-20 Fixed 6.00000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384EKC8 5894541.68000000 PA USD 6186353.32000000 2.984723838041 Long ABS-MBS USGA US N 2 2053-09-20 Fixed 6.00000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384FBV3 2038684.00000000 PA USD 2185918.98000000 1.054638193156 Long ABS-MBS USGA US N 2 2053-11-20 Fixed 6.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384GNB2 1944259.22000000 PA USD 2041332.39000000 0.984879642438 Long ABS-MBS USGA US N 2 2053-12-20 Fixed 6.00000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384KDC2 1881869.70000000 PA USD 1915546.61000000 0.924191900139 Long ABS-MBS USGA US N 2 2054-02-20 Fixed 5.50000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384UFM6 3077084.95000000 PA USD 3130255.90000000 1.510251503692 Long ABS-MBS USGA US N 2 2054-07-20 Fixed 5.50000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384UTJ8 3287372.16000000 PA USD 3230160.54000000 1.558452397678 Long ABS-MBS USGA US N 2 2054-08-20 Fixed 5.00000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38384WJ71 3302376.57000000 PA USD 3317938.69000000 1.600802635890 Long ABS-MBS USGA US N 2 2054-09-20 Fixed 5.50000000 N Y N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38385GQB8 1129513.26000000 PA USD 1161412.52000000 0.560345563037 Long ABS-MBS USGA US N 2 2055-04-20 Floating 7.90900000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38385GYJ2 1129513.26000000 PA USD 1161412.52000000 0.560345563037 Long ABS-MBS USGA US N 2 2055-05-20 Floating 7.90900000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38385K5F3 3917043.88000000 PA USD 4089323.11000000 1.972971722842 Long ABS-MBS USGA US N 2 2055-11-20 Floating 10.12700000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38385NDC5 1972354.26000000 PA USD 2045052.77000000 0.986674610539 Long ABS-MBS USGA US N 2 2056-02-20 Floating 10.40200000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38385PCP2 3961327.52000000 PA USD 4142887.44000000 1.998814852768 Long ABS-MBS USGA US N 2 2056-03-20 Floating 9.68500000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 38385RXM2 1989189.50000000 PA USD 2086681.17000000 1.006759023988 Long ABS-MBS USGA US N 2 2056-04-20 Floating 9.31900000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46645UAV9 5904108.47000000 PA USD 1552.78000000 0.000749168248 Long ABS-MBS CORP US N 2 2049-12-15 Variable 0.78200000 N N N N N N Sequoia Mortgage Trust 549300671OK77JNRLK28 81748TCG6 1624858.13000000 PA USD 842070.05000000 0.406272713750 Long ABS-MBS CORP US N 2 2051-11-25 Variable 2.86200000 N N N N N N TENN VALLEY AUTHORITY 549300HE1ISW43LNKM54 880591EH1 6935000.00000000 PA USD 7218005.42000000 3.482464018105 Long DBT USGA US N 2 2039-09-15 Fixed 5.25000000 N N N N N N SWAPS WELLS FARGO BOC N/A 000000000 -260000.00000000 NS USD -260000.00000000 -0.12544194580 Short STIV CORP US N 2 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 870.00000000 NC USD 749999.62000000 0.361851583403 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 10 Year U.S. Treasury Notes TYU6 Comdty 2026-09-21 94854844.13000000 USD 749999.62000000 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 1470.00000000 NC USD -11486.58000000 -0.00554191902 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 2 Year U.S. Treasury Notes Futures TUU6 Comdty 2026-09-30 303026720.22000000 USD -11486.58000000 N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 000000000 401.00000000 NC USD 576437.50000000 0.278113237054 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long Ultra 10 Year U.S. Treasury Notes Futures UXYU6 Comdty 2026-09-21 44523531.25000000 USD 576437.50000000 N N N TD Securities USA LLC SUVUFHICNZMP2WKHG940 000000000 -6028564.33000000 PA USD -6028564.33000000 -2.90859553830 Short RA CORP US N 2 Reverse repurchase N 3.88000000 2033-01-01 6028564.33000000 USD 6028564.33000000 USD AMBS N N N TD Securities USA LLC SUVUFHICNZMP2WKHG940 000000000 -5168750.00000000 PA USD -5168750.00000000 -2.49376175912 Short RA CORP US N 2 Reverse repurchase N 3.80000000 2033-01-01 5168750.00000000 USD 5168750.00000000 USD AMBS N N N Bank of Montreal NQQ6HPCNCCU6TUTQYE16 000000000 -4868750.00000000 PA USD -4868750.00000000 -2.34902105243 Short RA CORP US N 2 Reverse repurchase N 3.79000000 2033-01-01 4868750.00000000 USD 4868750.00000000 USD AMBS N N N 2026-07-17 Morgan Stanley Long Duration Government Opportunities Fund James F. Kirchner James F. Kirchner Principal Financial Officer