# EDGAR Filing Document

**Accession Number:** 0001756908
**File Stem:** 0001756908-25-000031
**Filing Date:** 2025-8
**Character Count:** 184730
**Document Hash:** 3139fa944234c85e2e80fd46a751e37a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001756908-25-000031.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001756908-25-000031

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO Dynamic Income Strategy Fund
- **CENTRAL INDEX KEY:** 0001756908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23390
- **FILM NUMBER:** 251277540

**BUSINESS ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (844) 312-2113

**MAIL ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PIMCO Energy & Tactical Credit Opportunities Fund
- **DATE OF NAME CHANGE:** 20181024

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** PIMCO Dynamic Income Strategy Fund

- **b. Investment Company Act file number:** 811-23390

- **c. CIK number of Registrant:** 0001756908

- **d. LEI of Registrant:** 549300BX5QVFQJENPV35

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1633 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** (844) 337-4626

**Item A.2. Information about the Series.**

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1606539510.83

**Total Liabilities:** $410015997.52

**Net Assets:** $1196523513.31

**Amount of Assets Invested in Other Investment Companies:** $5497268.76

**Delayed Delivery Securities:** $625381.76

**Cash Not Reported:** $11682671.58

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 673.193300 | **1-Year:** 6839.665000 | **5-Year:** 45790.193500 | **10-Year:** 7356.649000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 56900.378200 | **1-Year:** 62451.797100 | **5-Year:** 150460.808200 | **10-Year:** 51099.875300 | **30-Year:** 3684.686700

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -9.87%               | 6.33%                | 6.59%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3965802.53              | $-58910482.33                              |
| Month 2  | $-2209691.42             | $60871387.83                               |
| Month 3  | $7557712.39              | $63720212.62                               |

**Designated Index Information**

- **Index Name:** Fund Securities Portfolio

- **Index Identifier:** 0

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SMRT 2022-MINI                                                                   | SMRT SMRT 2022 MINI A 144A                                 | CUSIP: 78457JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $498354.95    | 0.04%             | 2039-01-15      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                              | AXON ENTERPRISE INC SR UNSECURED 144A 03/33 6.25           | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    400000 | PA      | $412864.66    | 0.03%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INTELSAT SA                                                                      | INTELSAT EMERGENCE SA COMMON STOCK                         | CUSIP: 000000000<br>LEI: 549300YV2L21F4K80V46 | Long             | EC               | CORP              | LU        |     21303 | NS      | $734884.99    | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TURKEY GOVT                                                                      | TURKIYE GOVERNMENT BOND BONDS 05/28 VAR                    | CUSIP: ACI2PJ5W7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   4500000 | PA      | $109624.48    | 0.01%             | 2028-05-17      | Floating      | 48.80%                | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SEC TRUST 2006-A1                                              | RESIDENTIAL ASSET SECURITIZATI RAST 2006 A1 1A3            | CUSIP: 45660L6K0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    996137 | PA      | $425830.13    | 0.04%             | 2036-04-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                                                          | KODIAK GAS SERVICES LLC COMPANY GUAR 144A 02/29 7.25       | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2070102.00   | 0.17%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL-2006-HE6                                              | MORGAN STANLEY CAPITAL INC MSAC 2006 HE6 A2FP              | CUSIP: 61750FAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    776810 | PA      | $267171.09    | 0.02%             | 2036-09-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS INTERNATIONAL LP                                            | ALIGNED DATA CENTERS INTER LP 2024 TERM LOAN               | CUSIP: BA000JN59<br>LEI: 2549007PAQ06QVDCLR50 | Long             | LON              | CORP              | US        |   8000000 | PA      | $8021340.00   | 0.67%             | 2029-12-18      | Floating      | 7.80%                 | No            |                  3 | On Loan: No      |
| SEASONED CREDIT RISK TRANSFER TRUST SERIES 2019-3                                | FREDDIE MAC   SCRT SCRT 2019 3 BXS                         | CUSIP: 35563PMB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17329944 | PA      | $7616699.30   | 0.64%             | 2058-10-25      | Variable      | 3.66%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                         | ALTICE FRANCE HOLDING SA SR SECURED REGS 05/27 8           | CUSIP: BL5F4LII6<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   1800000 | PA      | $764372.18    | 0.06%             | 2027-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT DKK SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |         1 | NC      | $11195.97     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PANAMA INFRASTRUCTURE RECEIVABLE PURCHASER PLC                                   | PANAMA INFRASTRUCTURE SR SECURED 144A 04/32 0.00000        | CUSIP: 69828QAD9<br>LEI: 213800QSH7EDGMUDJW25 | Long             | DBT              | CORP              | GB        |   8298000 | PA      | $5905105.74   | 0.49%             | 2032-04-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LEHMAN XS TRUST 2007-16N                                                         | LEHMAN XS TRUST LXS 2007 16N 2A1                           | CUSIP: 52525BAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1826670 | PA      | $1609657.12   | 0.13%             | 2047-09-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2005-S2                                                | STRUCTURED ASSET SECURITIES CO SASC 2005 NC2 M8            | CUSIP: 86359DCU9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1004246 | PA      | $834488.25    | 0.07%             | 2035-05-25      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| OSAIC HOLDINGS INC                                                               | ADVISOR GROUP INC 2024 TERM LOAN B                         | CUSIP: 00775KAK4<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |   2977538 | PA      | $2987839.78   | 0.25%             | 2028-08-17      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTILITIES FINANCE PLC                                               | THAMES WATER UTIL FIN SR SECURED REGS 01/33 4.375          | CUSIP: ACI2C9PD3<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |   3900000 | PA      | $3006676.26   | 0.25%             | 2033-01-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CENTEX HOME EQUITY LOAN TRUST 2006-A                                             | CENTEX HOME EQUITY CXHE 2006 A M4                          | CUSIP: 15231AAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17000000 | PA      | $14938007.10  | 1.25%             | 2036-06-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $3609.14      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TRY BOUGHT USD 20250718                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $-1661.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD DKK BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |         1 | NC      | $-73030.72    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| SEASONED CREDIT RISK TRANSFER TRUST SERIES 2018-1                                | FREDDIE MAC   SCRT SCRT 2018 1 BX                          | CUSIP: 35563PEX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4898046 | PA      | $2191947.94   | 0.18%             | 2057-05-25      | Variable      | 3.49%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2006-2                                                    | GSAA HOME EQUITY TRUST GSAA 2006 2 2A4                     | CUSIP: 362334AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4280124 | PA      | $4179466.46   | 0.35%             | 2035-12-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| TRAEGER PELLET GRILLS (TGP HOLDINGS III LLC)                                     | TGP HOLDINGS III LLC 2021 TERM LOAN                        | CUSIP: 87251RAK9<br>LEI: 549300LURVM6CQ1MNO41 | Long             | LON              | CORP              | US        |   4037161 | PA      | $3635968.51   | 0.30%             | 2028-06-29      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2006-HE3                                              | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2006 HE3 A2B           | CUSIP: 17310VAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2496093 | PA      | $1680423.20   | 0.14%             | 2036-12-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CAD BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-365.34      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSETBK SEC 2005-AQ2                                                | BEAR STEARNS ASSET BACKED SECU BSABS 2005 AQ2 M2           | CUSIP: 0738792W7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  18532094 | PA      | $17558008.24  | 1.47%             | 2035-09-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| FLEETPRIDE INC                                                                   | FASTLANE PARENT COMPANY, INC. 2023 TERM LOAN B             | CUSIP: 31187LAG8<br>LEI: 5493005IX60917DT0D94 | Long             | LON              | CORP              | US        |   3681266 | PA      | $3398599.82   | 0.28%             | 2028-09-29      | Floating      | 8.80%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                                                   | RAVEN ACQUISITION HOLDINGS LLC TERM LOAN B                 | CUSIP: 75419XAC8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2699900 | PA      | $2700912.46   | 0.23%             | 2031-11-19      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $21.57        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NOBLE FINANCE II LLC                                                             | NOBLE FINANCE II LLC COMPANY GUAR 144A 04/30 8             | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5600000 | PA      | $5706836.18   | 0.48%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EPIC CRUDE SERVICES LP                                                           | EPIC CRUDE SERVICES LP 2024 TERM LOAN B                    | CUSIP: 29428XAG5<br>LEI: 549300FRS682IQ7J9S42 | Long             | LON              | CORP              | US        |   2990000 | PA      | $3003709.15   | 0.25%             | 2031-10-15      | Floating      | 7.26%                 | No            |                  2 | On Loan: No      |
| DENALI INTERMEDIATE HOLDINGS INC                                                 | DUN + BRADSTREET CORPOR THE 2025 REVOLVER                  | CUSIP: BA000K747<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    227273 | PA      | $225000.00    | 0.02%             | 2032-05-31      | Floating      | 9.58%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | SOLD TRY BOUGHT USD 20250724                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $-1592.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BX TRUST 2018-GW 2018-GW                                                         | BX TRUST BX 2018 GW F 144A                                 | CUSIP: 12433UAQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4940645.00   | 0.41%             | 2035-05-15      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                            | QUIKRETE HOLDINGS INC SR SECURED 144A 03/32 6.375          | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2263678.82   | 0.19%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| POPULAR ABS MTGE PASS THRU TRUST 2006-E                                          | POPULAR ABS MORTGAGE PASS THRO POPLR 2006 E M1             | CUSIP: 73316TAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11280341 | PA      | $9293172.14   | 0.78%             | 2037-01-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| CRC INSURANCE GROUP LLC                                                          | TRUIST INSURANCE HOLDINGS LLC 2024 TERM LOAN B             | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3700000 | PA      | $3706160.50   | 0.31%             | 2031-05-06      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE FOODS LLC                                                           | GOLDEN STATE FOOD LLC TERM LOAN B                          | CUSIP: 38121NAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3970100 | PA      | $3994118.60   | 0.33%             | 2031-12-04      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES COMPANY                                                        | MATADOR RESOURCES CO COMPANY GUAR 144A 04/33 6.25          | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3980428.40   | 0.33%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2005-85CB                                          | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2005 85CB 2A5         | CUSIP: 12668BEK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1485518 | PA      | $1158423.57   | 0.10%             | 2036-02-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                     | ROMANIA ROMANIA                                            | CUSIP: ACI2MY762<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   2500000 | PA      | $2957834.08   | 0.25%             | 2031-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TR 2004-3                                                 | SAXON ASSET SECURITIES TRUST SAST 2004 3 M1                | CUSIP: 805564QV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1370404 | PA      | $1330574.87   | 0.11%             | 2034-12-26      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| THAMES WATER SUPER SENIOR ISSUER PLC                                             | THAMES WATER SUPER SEN SR SECURED 144A 10/27 9.75          | CUSIP: BP7M6FII1<br>LEI: 635400LBEYCV7F4FC741 | Long             | DBT              | CORP              | GB        |    156890 | PA      | $236928.59    | 0.02%             | 2027-10-10      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2007-15CB                                          | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2007 15CB A7          | CUSIP: 02151CAR7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    981195 | PA      | $581633.30    | 0.05%             | 2037-07-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                                                                   | PROOFPOINT INC 2025 FUNGIBLE TERM LOAN                     | CUSIP: 74345HAJ0<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    100000 | PA      | $100179.00    | 0.01%             | 2028-08-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC - SCRT 2017-2                                                        | FREDDIE MAC   SCRT SCRT 2017 2 XSIO 144A                   | CUSIP: 35563PBN8<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        | 126163108 | PA      | $410875.39    | 0.03%             | 2056-08-25      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CLOVER HOLDINGS 2 LLC                                                            | CLOVER HOLDINGS 2 LLC FIXED TERM LOAN B                    | CUSIP: 18914DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2900000 | PA      | $2932625.00   | 0.25%             | 2031-12-09      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| OBX 2023-NQM10 TRUST                                                             | ONSLOW BAY FINANCIAL LLC OBX 2023 NQM10 A1 144A            | CUSIP: 67449CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    677115 | PA      | $683103.60    | 0.06%             | 2063-10-25      | Fixed         | 6.46%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER RE LTD                                                             | CHARLES RIVER RE LTD SR UNSECURED 144A 05/31 VAR           | CUSIP: 159873AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1900000 | PA      | $1933630.00   | 0.16%             | 2031-05-10      | Floating      | 11.06%                | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SEC TRUST 2005-A10                                             | RESIDENTIAL ASSET SECURITIZATI RAST 2005 A10 A3            | CUSIP: 45660LXM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4192819 | PA      | $1919801.78   | 0.16%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO DEUTSCHE REVERSE REPO                         | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -12140128 | PA      | $-12233545.78 | -1.02%            |  |  |  | No            |                  2 | On Loan: No      |
| VERAISON RE LTD                                                                  | VERAISON RE LTD UNSECURED 144A 03/33 VAR                   | CUSIP: 92335TAE9<br>LEI: 2549007WYB39A966J434 | Long             | DBT              | CORP              | BM        |    250000 | PA      | $250000.00    | 0.02%             | 2033-03-08      | Floating      | 9.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | PAA US TRS EQUITY FEDL01+60 BOA                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $291803.45    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| TURKEY GOVT                                                                      | TURKIYE GOVERNMENT BOND BONDS 05/26 VAR                    | CUSIP: ACI2Q1SN0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |  46200000 | PA      | $1165519.45   | 0.10%             | 2026-05-20      | Floating      | 48.80%                | No            |                  2 | On Loan: No      |
| LUMMUS TECHNOLOGY HOLDINGS V LLC                                                 | ILLUMINATE BUYER LLC 2024 1ST LIEN TERM LOAN B             | CUSIP: 45232UAG3<br>LEI: 549300K1Y0YC1YC1H809 | Long             | LON              | CORP              | US        |   3283459 | PA      | $3297314.84   | 0.28%             | 2029-12-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORPORATION                                                             | INGEVITY CORP COMPANY GUAR 144A 11/28 3.875                | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |   3900000 | PA      | $3722135.82   | 0.31%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2018-RIVR                                      | GS MORTGAGE SECURITIES TRUST GSMS 2018 RIVR A 144A         | CUSIP: 36255WAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    998281 | PA      | $669558.53    | 0.06%             | 2035-07-15      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TRY BOUGHT USD 20250701                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $-173.24      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC - SCRT 2017-2                                                        | FREDDIE MAC   SCRT SCRT 2017 2 B 144A                      | CUSIP: 35563PBK4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3184915 | PA      | $499727.55    | 0.04%             | 2056-08-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | PAA US TRS EQUITY FEDL01+60 *BULLET* FAR                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $223371.93    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PRPM 2023-NQM3 TRUST                                                             | PRP ADVISORS, LLC PRPM 2023 NQM3 A1 144A                   | CUSIP: 69380TAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    763821 | PA      | $768848.47    | 0.06%             | 2068-11-25      | Fixed         | 6.22%                 | No            |                  2 | On Loan: No      |
| SPECIALTY BUILDING PRODUCTS HOLDINGS LLC                                         | SPECIALTY BLDG PRODUCTS HLDGSO 2021 TERM LOAN B            | CUSIP: 84748EAF7<br>LEI: 549300ICFD46O3KMJC06 | Long             | LON              | CORP              | US        |   2900000 | PA      | $2778562.50   | 0.23%             | 2028-10-15      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| PRKCM 2023-AFC4 TRUST                                                            | PRKCM TRUST PRKCM 2023 AFC4 A1 144A                        | CUSIP: 69380GAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    722806 | PA      | $734174.50    | 0.06%             | 2058-11-25      | Fixed         | 7.22%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2006-20                                                   | GSAA HOME EQUITY TRUST GSAA 2006 20 A4A                    | CUSIP: 362351AE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2178880 | PA      | $846968.93    | 0.07%             | 2046-12-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| APEX CREDIT CLO 2021-2A                                                          | APEX CREDIT CLO LLC APEXC 2021 2A SUB 144A                 | CUSIP: 58406DAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5100000 | PA      | $2341067.84   | 0.20%             | 2034-10-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TIDEWATER INC                                                                    | TIDEWATER INC SR UNSECURED 144A 07/30 9.125                | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308881.35    | 0.03%             | 2030-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2006-WM4                                | SECURITIZED ASSET BACKED RECEI SABR 2006 WM4 A1 144A       | CUSIP: 81377XAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  20453589 | PA      | $9212001.97   | 0.77%             | 2036-11-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP 2006-NC3                                                     | ACE SECURITIES CORP. ACE 2006 NC3 A2D                      | CUSIP: 00442EAH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17203125 | PA      | $4307013.96   | 0.36%             | 2036-12-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CCA VINTAGE 2026  DEC26 IFED 20261224                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |      1102 | NC      | $-1644522.41  | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL GMBH                                                    | CHEPLAPHARM ARZNEIMITTEL CHEPLAPHARM ARZNEIMITTEL          | CUSIP: ACI2Y4GV0<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    700000 | PA      | $831053.78    | 0.07%             | 2031-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                                      | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                   | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |  14179924 | PA      | $138069916.95 | 11.54%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BANK OF NEW YORK                              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -23688022 | PA      | $-23874253.11 | -2.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITADEL LIMITED PARTNERSHIP                                                      | CITADEL LP SR UNSECURED 144A 01/30 6                       | CUSIP: 17288XAD6<br>LEI: 549300IPM6EKPVUPFL67 | Long             | DBT              | CORP              | US        |    300000 | PA      | $310301.38    | 0.03%             | 2030-01-23      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DRYDEN 123 CLO LTD 2025-123A                                                     | DRYDEN SENIOR LOAN FUND DRSLF 2025 123A SUB 144A           | CUSIP: 26253PAC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2726414.04   | 0.23%             | 2038-04-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-556.87      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS INC                                                 | CHS/COMMUNITY HEALTH SYS SR SECURED 144A 03/27 5.625       | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5617951.29   | 0.47%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET MORTGAGE PROD 2006-RS2                                         | RESIDENTIAL ASSET MORTGAGE PRO RAMP 2006 RS2 A3A           | CUSIP: 76112B2D1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    287909 | PA      | $284593.92    | 0.02%             | 2036-03-25      | Floating      | 5.03%                 | No            |                  2 | On Loan: No      |
| PARK PLACE SECURITIES INC 2005-WCW3                                              | PARK PLACE SECURITIES INC PPSI 2005 WCW3 M4                | CUSIP: 70069FLZ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5619000 | PA      | $4770874.32   | 0.40%             | 2035-08-25      | Floating      | 5.39%                 | No            |                  2 | On Loan: No      |
| PETSMART INC / PETSMART FINANCE CORP                                             | PETSMART INC/PETSMART FI SR SECURED 144A 02/28 4.75        | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3123245.89   | 0.26%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA SR SECURED 144A 10/29 5.5                 | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   2500000 | PA      | $2075000.00   | 0.17%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FTAI AVIATION INVESTORS LLC                                                      | FORTRESS TRANS + INFRAST FORTRESS TRANS + INFRAST          | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5180675.00   | 0.43%             | 2031-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | ET US TRS EQUITY SOFR+60 *BULLET* GST                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $-1011550.10  | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-AHP                                            | BX TRUST BX 2022 AHP E 144A                                | CUSIP: 05610FAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2933095.50   | 0.25%             | 2039-01-17      | Floating      | 7.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CAD BOUGHT USD 20250805                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-417019.05   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD DKK BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |         1 | NC      | $-11191.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250806                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $39062.18     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WINSTON RE LTD                                                                   | WINSTON RE LTD UNSECURED 144A 02/31 VAR                    | CUSIP: 975660AB7<br>LEI: 2549001Q4VX5Y31QFJ88 | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $1051500.00   | 0.09%             | 2031-02-26      | Floating      | 16.05%                | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SECURITIES 2006-KS1                                            | RESIDENTIAL ASSET SECURITIES C RASC 2006 KS1 M4            | CUSIP: 76113AAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4100000 | PA      | $3315196.04   | 0.28%             | 2036-02-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2006-2                                                    | GSAA HOME EQUITY TRUST GSAA 2006 2 2A5                     | CUSIP: 362334AB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    734190 | PA      | $666708.69    | 0.06%             | 2035-12-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC 2024-A                                             | COLLEGE AVE STUDENT LOANS CASL 2024 A C 144A               | CUSIP: 19424RAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    626000 | PA      | $642038.31    | 0.05%             | 2054-06-25      | Fixed         | 6.61%                 | No            |                  2 | On Loan: No      |
| KBR INC                                                                          | KBR INC COMPANY GUAR 144A 09/28 4.75                       | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1222634.11   | 0.10%             | 2028-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO SOCIETE GENERALE REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -42765330 | PA      | $-42815983.60 | -3.58%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO/F. H. DEACON HOD 12/15 FIXED 2.079            | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2415028 | PA      | $-2430489.55  | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN MTGE ACQUIS CORP 2006-CH2                                              | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 CH2 AF6          | CUSIP: 46629QAG1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1979575 | PA      | $1189668.38   | 0.10%             | 2036-10-25      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| AG TRUST 2024-NLP                                                                | AG TRUST AG 2024 NLP A 144A                                | CUSIP: 00792MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    237583 | PA      | $238347.24    | 0.02%             | 2041-07-15      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO SOCIETE GENERALE REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -19588670 | PA      | $-19829757.24 | -1.66%            |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2005-2XS                                               | STRUCTURED ASSET SECURITIES CO SASC 2005 2XS M1            | CUSIP: 86359B2K6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1117093 | PA      | $1068835.38   | 0.09%             | 2035-02-25      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| ABSLT DE 2024 LLC                                                                | ABSLT DE 2024 LLC CLN 2024 1 05/33 1                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2948154.53   | 0.25%             | 2033-05-20      | Floating      | 12.82%                | No            |                  3 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-8                                                | VERUS SECURITIZATION TRUST VERUS 2023 8 A1 144A            | CUSIP: 92540DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    613900 | PA      | $619773.27    | 0.05%             | 2068-12-25      | Fixed         | 6.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $49657.40     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2005-7XS                                               | STRUCTURED ASSET SECURITIES CO SASC 2005 7XS M1            | CUSIP: 86359B7L9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     99937 | PA      | $97087.99     | 0.01%             | 2035-04-25      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| DENALI INTERMEDIATE HOLDINGS INC                                                 | DUN + BRADSTREET CORPOR THE 2025 TERM LOAN                 | CUSIP: BA000K739<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2272727 | PA      | $2250000.00   | 0.19%             | 2032-05-31      | Floating      | 9.58%                 | No            |                  3 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2006-16                                                   | GSAA HOME EQUITY TRUST GSAA 2006 16 A3A                    | CUSIP: 362256AC3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12638726 | PA      | $4095910.18   | 0.34%             | 2036-10-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO DEUTSCHE REVERSE REPO                         | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -7188455 | PA      | $-7279999.61  | -0.61%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2022-NLP                  | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2022 NLP A 144A       | CUSIP: 466317AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    976280 | PA      | $965912.07    | 0.08%             | 2037-04-15      | Floating      | 5.16%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO CREDIT AGRICOLE 03/14 VAR                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -17586353 | PA      | $-17595928.14 | -1.47%            |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO HOME EQUITY ABS SER 2004-2                                           | WELLS FARGO HOME EQUITY TRUST WFHET 2004 2 M7              | CUSIP: 94980GAU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1685880 | PA      | $1741774.99   | 0.15%             | 2034-10-25      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| COLONY MORTGAGE CAPITAL SERIES LTD 2019-IKPR                                     | COLONY MORTGAGE CAPITAL LTD CLNY 2019 IKPR E 144A          | CUSIP: 12564NAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2270997.50   | 0.19%             | 2038-11-15      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| DATABRICKS INC                                                                   | DATABRICKS INC DELAYED DRAW TERM LOAN                      | CUSIP: BA000D1C1<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |   1069214 | PA      | $1079906.11   | 0.09%             | 2031-01-03      | Floating      | 1.00%                 | No            |                  3 | On Loan: No      |
| THAMES WATER SUPER SENIOR ISSUER PLC                                             | THAMES SSNM 144A UNFUNDED COMM                             | CUSIP: 955RVLII8<br>LEI: 635400LBEYCV7F4FC741 | Long             | DBT              | CORP              | GB        |    331442 | PA      | $425381.76    | 0.04%             | 2027-10-10      | Fixed         | 9.75%                 | No            |                  3 | On Loan: No      |
| US RENAL CARE INC                                                                | U S RENAL CARE INC 2023 SUPERPRIORITY TERM LOAN            | CUSIP: 90290PAS3<br>LEI: 54930058SS5MF69JGN89 | Long             | LON              | CORP              | US        |   4346112 | PA      | $4125177.68   | 0.34%             | 2028-06-20      | Floating      | 9.44%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-1587314.86  | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                               | NEWFOLD DIGITAL HLDGS GR SR SECURED 144A 10/28 11.75       | CUSIP: 650929AA0<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $2869000.00   | 0.24%             | 2028-10-15      | Fixed         | 11.75%                | No            |                  3 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2018-RPL1                                    | GS MORTGAGE BACKED SECURITIES GSMBS 2018 RPL1 A1A 144A     | CUSIP: 36256BAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2125512 | PA      | $2077087.78   | 0.17%             | 2057-10-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMEX GBT (GBT US III LLC)                                                        | GBT US III LLC 2025 TERM LOAN B                            | CUSIP: 36154HAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3980000 | PA      | $3991601.70   | 0.33%             | 2031-07-28      | Floating      | 6.78%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE INC                                                      | GLOBAL MEDICAL RESPONSE INC 2024 PIK TERM LOAN             | CUSIP: 00169QAG4<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | LON              | CORP              | US        |   2374798 | PA      | $2381066.97   | 0.20%             | 2028-10-31      | Fixed         | 9.08%                 | No            |                  2 | On Loan: No      |
| LONG BEACH MORTGAGE LOAN TR 2006-6                                               | LONG BEACH MORTGAGE LOAN TRUST LBMLT 2006 6 2A4            | CUSIP: 54251RAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1639319 | PA      | $651578.36    | 0.05%             | 2036-07-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| PRIMO BRANDS CORPORATION                                                         | PRIMO BRANDS CORPORATION 2025 TERM LOAN B                  | CUSIP: 89678QAD8<br>LEI: 254900J0WS4AXV2LAX55 | Long             | LON              | CORP              | US        |   3950100 | PA      | $3968744.47   | 0.33%             | 2028-03-31      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVT                                                                     | ROMANIA ROMANIA                                            | CUSIP: ACI2MY5W7<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |   2500000 | PA      | $2806526.32   | 0.23%             | 2036-02-22      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC 2024-A                                             | COLLEGE AVE STUDENT LOANS CASL 2024 A R 144A               | CUSIP: 19424R108<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      5009 | PA      | $2571632.62   | 0.21%             | 2054-06-25      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| AMERICAN HOME MORTGAGE ASSETS 2007-2                                             | AMERICAN HOME MORTGAGE ASSETS AHMA 2007 2 A1               | CUSIP: 026930AA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2581427 | PA      | $2304403.89   | 0.19%             | 2047-03-25      | Floating      | 4.56%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2004-HE9                                            | MORGAN STANLEY CAPITAL INC MSAC 2004 HE9 M6                | CUSIP: 61744CJY3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1741138 | PA      | $1529781.39   | 0.13%             | 2034-11-25      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                         | ALTICE FRANCE HOLDING SA SR SECURED 144A 05/27 10.5        | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   2400000 | PA      | $835884.00    | 0.07%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| N/A                                                                              | EPD US TRS EQUITY SOFR+60 *BULLET* GST                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $-1381594.84  | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| THAMES WATER UTILITIES FINANCE PLC                                               | THAMES WATER UTIL FIN SR SECURED REGS 01/34 2.625          | CUSIP: ACI0RZP43<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |   1430000 | PA      | $1281395.33   | 0.11%             | 2034-01-24      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-1007.17     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                                             | WEC ENERGY GROUP INC 92939UA 7 SERIES 2024A                | CUSIP: 958XBKII6<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7905496.00   | 0.66%             | 2055-06-15      | Floating      | 6.69%                 | Yes           |                  3 | On Loan: No      |
| ULTIMATE KRONOS GROUP INC                                                        | UKG INC 02/31 6.875                                        | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4152800.00   | 0.35%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                                                   | GRAY MEDIA INC SR SECURED 144A 07/29 10.5                  | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2902702.50   | 0.24%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| COLOMBIAN GOVT                                                                   | REPUBLIC OF COLOMBIA SR UNSECURED 11/35 8                  | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1900000 | PA      | $1912901.00   | 0.16%             | 2035-11-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| THE ADT SECURITY CORPORATION                                                     | ADT SEC CORP SR SECURED 144A 07/32 4.875                   | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   5300000 | PA      | $5091275.40   | 0.43%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CREDIT BASED ASSET SRVC & SEC 2006-CB1                                           | CREDIT BASED ASSET SERVICING A CBASS 2006 CB1 AF2          | CUSIP: 81375WHH2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     18529 | PA      | $15856.63     | 0.00%             | 2036-01-25      | Variable      | 5.74%                 | No            |                  2 | On Loan: No      |
| INGENICO TERMINALS (POSEIDON BIDCO)                                              | POSEIDON BIDCO SASU 2023 EUR TERM LOAN B                   | CUSIP: 953RGXII1<br>LEI: 254900LGX7YG7Y9YM766 | Long             | LON              | CORP              | GB        |   4700000 | PA      | $3792412.11   | 0.32%             | 2030-11-30      | Floating      | 6.98%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2018-2                                             | MILL CITY MORTGAGE TRUST MCMLT 2018 2 B1 144A              | CUSIP: 59980MAK7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2595534 | PA      | $2281947.26   | 0.19%             | 2058-05-25      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTILITIES LIMITED                                                   | THAMES WATER UTIL LTD SR SECURED 144A 03/27 0.00000        | CUSIP: ACI2VX3Q4<br>LEI: 213800JKM5UQHFJOTZ25 | Long             | DBT              | CORP              | GB        |     48610 | PA      | $56320.67     | 0.00%             | 2027-03-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SVF II FINCO (CAYMAN) LP                                                         | SOFTBANK VISION FUND II TRANCHE B2 TERM LOAN               | CUSIP: BA000KP70<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    113454 | PA      | $113453.58    | 0.01%             | 2029-12-23      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| GSAMP TRUST 2006-NC1                                                             | GSAMP TRUST GSAMP 2006 NC1 M2                              | CUSIP: 362334EE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9042266 | PA      | $9081117.17   | 0.76%             | 2036-02-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| VALVOLINE INC                                                                    | VALVOLINE INC SR UNSECURED 144A 06/31 3.625                | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |   4200000 | PA      | $3806407.33   | 0.32%             | 2031-06-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP MLP                                     | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |   2415999 | NS      | $43802061.87  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR VOYIX CORPORATION                                                            | NCR VOYIX CORP COMPANY GUAR 144A 10/30 5.25                | CUSIP: 62886EAZ1<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   3484000 | PA      | $3370770.00   | 0.28%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AUCHAN (ELO SACA)                                                                | ELO SACA SR UNSECURED REGS 04/28 5.875                     | CUSIP: ACI2NPVJ5<br>LEI: 969500ASEC557H5A4F22 | Long             | DBT              | CORP              | FR        |   1800000 | PA      | $2031664.14   | 0.17%             | 2028-04-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CSMC 2021-RPL2 TRUST                                                             | CREDIT SUISSE MORTGAGE TRUST CSMC 2021 RPL2 A1A 144A       | CUSIP: 12656TAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2537430 | PA      | $2145782.00   | 0.18%             | 2060-01-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                        | SUNOCO LP MLP                                              | CUSIP: 86765K109<br>LEI: 54930001NJU8E40NQ561 | Long             | EC               | CORP              | US        |    146300 | NS      | $7840217.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGRITY RE LTD                                                                 | INTEGRITY RE LTD SR UNSECURED 144A 06/26 VAR               | CUSIP: 45833UAM3<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    650000 | PA      | $645905.00    | 0.05%             | 2026-06-08      | Floating      | 27.31%                | No            |                  2 | On Loan: No      |
| VANTIVE HEALTH LLC                                                               | SPRUCE BIDCO II INC REVOLVER                               | CUSIP: BA000FL00<br>LEI: 254900D597QQOG22WQ55 | Long             | LON              | CORP              | US        |    458257 | PA      | $449849.42    | 0.04%             | 2032-01-30      | Fixed         | 0.50%                 | No            |                  3 | On Loan: No      |
| AXON ENTERPRISE INC                                                              | AXON ENTERPRISE INC SR UNSECURED 144A 03/30 6.125          | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    500000 | PA      | $515430.00    | 0.04%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION                                                              | INSULET CORPORATION SR UNSECURED 144A 04/33 6.5            | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |   5100000 | PA      | $5320784.30   | 0.44%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE ACQI CORP 2006-CH1                                            | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 CH1 M8           | CUSIP: 46629TAN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4290950.50   | 0.36%             | 2036-07-25      | Floating      | 5.83%                 | No            |                  2 | On Loan: No      |
| EUC (MODENA BUYER LLC)                                                           | MODENA BUYER LLC TERM LOAN                                 | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |   4975000 | PA      | $4803984.38   | 0.40%             | 2031-07-01      | Floating      | 8.78%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2004-OPT1                                             | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2004 OPT1 M6           | CUSIP: 17307GJN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1894037 | PA      | $1468995.77   | 0.12%             | 2034-10-25      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO THE BANK OF NOVA REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -4909746 | PA      | $-4941037.28  | -0.41%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT DKK SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |         1 | NC      | $9451.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CASSINI SAS                                                                      | COMEXPOSIUM 2019 EUR REVOLVER                              | CUSIP: 945BLZII6<br>LEI: 9695009FFM30CUZ8FO85 | Long             | LON              | CORP              | FR        |    564707 | PA      | $791584.84    | 0.07%             | 2031-10-16      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| APS RESECURITIZATION TRUST 2014-1                                                | APS RESECURITIZATION TRUST APS 2014 1 1M 144A              | CUSIP: 00191PAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6721841 | PA      | $1913354.68   | 0.16%             | 2054-08-28      | Variable      | 1.42%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC COMPANY GUAR 144A 02/27 8                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |   4500000 | PA      | $4436005.01   | 0.37%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | CA CARBON ALLOW 25DEC25 IFED 20251224                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       182 | NC      | $-1356736.77  | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| MEDIAPRO (SUBCALIDORA 2 SARL)                                                    | SUBCALIDORA 2 2024 EUR TERM LOAN                           | CUSIP: BA0007DG2<br>LEI: N/A                  | Long             | LON              | CORP              | ES        |   3338064 | PA      | $3951734.85   | 0.33%             | 2029-08-14      | Floating      | 7.73%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $185.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LOAN TRUST 2007-OPT3                                       | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2007 OPT3 2A3          | CUSIP: 83612KAD3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1301987 | PA      | $1282627.44   | 0.11%             | 2037-08-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| MONG DUONG FINANCE HOLDINGS BV                                                   | MONG DUONG FIN HLDGS BV SR SECURED REGS 05/29 5.125        | CUSIP: N6000DAA1<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |   2236082 | PA      | $2186257.94   | 0.18%             | 2029-05-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CIT MTGE LOAN TRUST 2007-1                                                       | CIT MORTGAGE LOAN TRUST CITM 2007 1 1M2 144A               | CUSIP: 12559QAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  71685750 | PA      | $69421505.41  | 5.80%             | 2037-10-25      | Floating      | 7.06%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250724                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $3992.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2023-INV3                                             | VERUS SECURITIZATION TRUST VERUS 2023 INV3 A1 144A         | CUSIP: 92540CAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    779840 | PA      | $791631.35    | 0.07%             | 2068-11-25      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD DKK BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |         1 | NC      | $-81900.29    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-186.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL INC                                                               | VENTURE GLOBAL HOLDINGS CLS A EQTYVG921                    | CUSIP: 902NJP004<br>LEI: 2549007XC91CAB3E0N98 | Long             | EC               | CORP              | US        |  15699112 | NS      | $244592164.96 | 20.44%            |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                                                              | MPLX US TRS EQUITY SOFR+60 *BULLET* GST                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $-1440167.56  | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SECURITIES 2005-EMX2                                           | RESIDENTIAL ASSET SECURITIES C RASC 2005 EMX2 M6           | CUSIP: 76110W2M7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2097081 | PA      | $2098250.41   | 0.18%             | 2035-07-25      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| ITT HOLDINGS LLC                                                                 | ITT HOLDINGS LLC 2024 TERM LOAN B                          | CUSIP: 45070BAJ4<br>LEI: 549300TH2PHOLK31LB42 | Long             | LON              | CORP              | US        |    974975 | PA      | $978753.34    | 0.08%             | 2030-10-11      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| BOPARAN FINANCE PLC                                                              | BOPARAN FINANCE PLC SR SECURED 144A 11/29 9.375            | CUSIP: ACI2S09Y7<br>LEI: 213800GQSQIOBR3DHN70 | Long             | DBT              | CORP              | GB        |   4500000 | PA      | $6415099.56   | 0.54%             | 2029-11-07      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2007-HE1                              | BEAR STEARNS ASSET BACKED SECU BSABS 2007 HE1 2M1          | CUSIP: 07389UAT6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  22785372 | PA      | $21494193.00  | 1.80%             | 2037-01-25      | Floating      | 4.84%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2018-RP1                                           | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2018 RP1 A1 144A       | CUSIP: 17326QAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2623635 | PA      | $2576790.32   | 0.22%             | 2064-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LN TR 2006-3                                               | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2006 3 A4              | CUSIP: 83612HAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    256471 | PA      | $242871.12    | 0.02%             | 2036-11-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| LADDER CAPITAL FINANCE HOLDINGS LLLP / LADDER CAPITAL FINANCE CORP               | LADDER CAP FIN LLLP/CORP COMPANY GUAR 144A 07/31 7         | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3139035.00   | 0.26%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $493275.45    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| COLOMBIAN GOVT                                                                   | REPUBLIC OF COLOMBIA SR UNSECURED 11/53 8.75               | CUSIP: 195325EM3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   2500000 | PA      | $2482125.00   | 0.21%             | 2053-11-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CIM TRUST 2023-R1                                                                | CIM TRUST CIM 2023 R1 A1A 144A                             | CUSIP: 12569RAB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    276083 | PA      | $274634.85    | 0.02%             | 2062-04-25      | Variable      | 5.40%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST 2007-2                                              | SAXON ASSET SECURITIES TRUST SAST 2007 2 A2B               | CUSIP: 80556YAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    502612 | PA      | $366767.43    | 0.03%             | 2037-05-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO CREDIT AGRICOLE 03/14 VAR                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -4098996 | PA      | $-4106535.79  | -0.34%            |  |  |  | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 2025 TERM LOAN B                     | CUSIP: 52729KAT3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | LON              | CORP              | US        |    200000 | PA      | $202459.00    | 0.02%             | 2032-03-27      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| ENVALIOR FINANCE GMBH                                                            | SCURALPHA 1503 GMBH USD TERM LOAN B1                       | CUSIP: D7001LAC7<br>LEI: 254900GAG6U7Z5TROP43 | Long             | LON              | CORP              | DE        |   1980075 | PA      | $1875012.11   | 0.16%             | 2030-03-29      | Floating      | 9.78%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT BRL SOLD USD 20250903                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $170199.36    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| HSI ASSET SECURI CORP TRUS 2007-NC1                                              | HSI ASSET SECURITIZATION CORPO HASC 2007 NC1 A1            | CUSIP: 40430TAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    106960 | PA      | $69575.80     | 0.01%             | 2037-04-25      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA (VMED O2 UK FINANCING I PLC)                                        | VMED O2 UK FINANCING I VMED O2 UK FINANCING I              | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   7600000 | PA      | $7907017.20   | 0.66%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| KRAKEN OIL & GAS PARTNERS LLC                                                    | KRAKEN OIL + GAS PARTNER KRAKEN OIL + GAS PARTNER          | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5604644.13   | 0.47%             | 2029-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ATLAS (RAND PARENT LLC)                                                          | RAND PARENT LLC SR SECURED 144A 02/30 8.5                  | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5024975.00   | 0.42%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSETBACK SEC 2006-HE8                                              | BEAR STEARNS ASSET BACKED SECU BSABS 2006 HE8 2M2          | CUSIP: 07388JAT2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3264217 | PA      | $3101663.38   | 0.26%             | 2036-10-25      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| DK CROWN HOLDINGS INC                                                            | DK CROWN HOLDINGS INC 2025 TERM LOAN B                     | CUSIP: BA000GCV0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    199500 | PA      | $199084.04    | 0.02%             | 2032-03-04      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| MASTR ADJUSTABLE RATE MORTGAGES TRUST 2006-OA2                                   | MASTR ADJUSTABLE RATE MORTGAGE MARM 2006 OA2 1A1           | CUSIP: 55275NAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4838278 | PA      | $3603996.54   | 0.30%             | 2046-12-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| NOVASTAR HOME EQUITY LOAN 2006-4                                                 | NOVASTAR HOME EQUITY LOAN NHEL 2006 4 A2D                  | CUSIP: 66988XAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4695208 | PA      | $1825651.22   | 0.15%             | 2036-09-25      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO SOCIETE GENERALE REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -16508092 | PA      | $-16537063.90 | -1.38%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT MXN SOLD USD 20250917                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |         1 | NC      | $272036.80    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLOBAL FINANCE LLC                                               | BURFORD CAPITAL GLBL FIN COMPANY GUAR 144A 07/31 9.25      | CUSIP: 12116LAE9<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   4100000 | PA      | $4320206.90   | 0.36%             | 2031-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2018-RP1                                           | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2018 RP1 M2 144A       | CUSIP: 17326QAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  16643050 | PA      | $14887178.27  | 1.24%             | 2064-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BRIGHTSPRING HEALTH (PHOENIX GUARANTOR INC)                                      | PHOENIX GUARANTOR INC 2024 TERM LOAN B                     | CUSIP: 71913BAK8<br>LEI: 254900JIOIDL3GSUFE55 | Long             | LON              | CORP              | US        |   3970025 | PA      | $3987612.27   | 0.33%             | 2031-02-21      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS INC 2006-QS12                                         | RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QS12 2A4          | CUSIP: 751151AH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2337933 | PA      | $1896605.55   | 0.16%             | 2036-09-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL SERVICES INC                                                   | GFL ENVIRONMENTAL INC 2025 TERM LOAN B                     | CUSIP: 36257SAB8<br>LEI: 254900ZM5MY0A8BPJI72 | Long             | LON              | CORP              | CA        |   2700000 | PA      | $2705062.50   | 0.23%             | 2032-03-03      | Floating      | 6.82%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 10/25 0.00000                                | CUSIP: 912797RC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $395109.72    | 0.03%             | 2025-10-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 09/25 0.00000                                | CUSIP: 912797PW1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2959000 | PA      | $2933946.16   | 0.25%             | 2025-09-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SEASONED CREDIT RISK TRANSFER TRUST SERIES 2024-2                                | FREDDIE MAC   SCRT SCRT 2024 2 BXS 144A                    | CUSIP: 35563PYJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10424577 | PA      | $5194322.88   | 0.43%             | 2064-05-25      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| AMAWATERWAYS (LC AHAB US BIDCO LLC)                                              | LC AHAB US BIDCO LLC TERM LOAN B                           | CUSIP: 50180PAB7<br>LEI: 254900949U9K2Q5C5A85 | Long             | LON              | CORP              | US        |   7954962 | PA      | $7959973.94   | 0.67%             | 2031-05-01      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ANGLIAN WATER SERVICES FINANCING PLC                                             | ANGLIAN WATER SERV FIN COMPANY GUAR 01/29 VAR              | CUSIP: 048297II8<br>LEI: 213800DL377MH46PDY63 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2862535.53   | 0.24%             | 2029-01-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 08/25 0.00000                                | CUSIP: 912797PQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1385000 | PA      | $1375360.40   | 0.11%             | 2025-08-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $39015.40     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| THAMES WATER UTILITIES FINANCE PLC                                               | THAMES WATER UTIL FIN SR SECURED REGS 01/34 1.25           | CUSIP: ACI236111<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |   2100000 | PA      | $1595563.59   | 0.13%             | 2034-01-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                                                         | SNAP INC COMPANY GUAR 144A 03/33 6.875                     | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    600000 | PA      | $616050.58    | 0.05%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TR 2004-1                                           | RENAISSANCE HOME EQUITY LOAN T RAMC 2004 1 AV1             | CUSIP: 759950CA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1239140 | PA      | $1163485.82   | 0.10%             | 2034-05-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |
| CHASEFLEX TRUST 2007-M1                                                          | CHASEFLEX TRUST CFLX 2007 M1 2AV2                          | CUSIP: 16165YAR3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1013924 | PA      | $840735.58    | 0.07%             | 2037-08-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT TRY SOLD USD 20250701                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $842.60       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PROOFPOINT INC                                                                   | PROOFPOINT INC 2024 TERM LOAN                              | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |   6069270 | PA      | $6080133.51   | 0.51%             | 2028-08-31      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | WES US TRS EQUITY FEDL01+60 *BULLET* FAR                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $-450178.14   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $47914.30     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOLARIS MIDSTREAM HOLDINGS LLC                                                   | ARIS WATER HOLDINGS LLC COMPANY GUAR 144A 04/30 7.25       | CUSIP: 04041NAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1032558.00   | 0.09%             | 2030-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BDS 2025-FL14 LLC                                                                | BDS LTD BDS 2025 FL14 A 144A                               | CUSIP: 072921AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $498306.94    | 0.04%             | 2042-10-21      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| MASTR ADJ RATE MTGE TRUST 2007-HF2                                               | MASTR ADJUSTABLE RATE MORTGAGE MARM 2007 HF2 A2            | CUSIP: 57645TAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    767749 | PA      | $307277.07    | 0.03%             | 2037-09-25      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| VALARIS LIMITED                                                                  | VALARIS LTD SECURED 144A 04/30 8.375                       | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   7850000 | PA      | $8060097.40   | 0.67%             | 2030-04-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN ASSETS TRUST LP                                                         | AMERICAN ASSETS TRUST LP AMERICAN ASSETS TRUST LP          | CUSIP: 02401LAB0<br>LEI: 549300V1TI0SMG9Z6U69 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3599934.37   | 0.30%             | 2034-10-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TR 2006-1                                               | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2006 1 1A1A           | CUSIP: 41161PA60<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19528574 | PA      | $13053045.23  | 1.09%             | 2036-03-19      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $671628.10    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECURITIES CO-2006-BC3                                          | STRUCTURED ASSET SECURITIES CO SASC 2006 BC3 A3            | CUSIP: 86359PAC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3805721 | PA      | $3311649.34   | 0.28%             | 2036-10-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| TC ENERGY CORPORATION                                                            | TC ENERGY CORP COMMON STOCK                                | CUSIP: 87807B909<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    370700 | NS      | $18097401.14  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT OPPORTUNITIES PARTNERS JV LLC                                             | CREDIT OPPORTUNITIES PARTNERS 2025A SR UNSECD NT TRANCHE B | CUSIP: 955SEVII3<br>LEI: 5493003CSKFS2RY0JR63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $303300.00    | 0.03%             | 2030-03-20      | Fixed         | 6.74%                 | Yes           |                  3 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                        | CAESARS ENTERTAIN INC CAESARS ENTERTAIN INC                | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3080222.28   | 0.26%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AVENIR ISSUER IV (IRELAND) DESIGNATED ACTIVITY COMPANY                           | AVENIR ISSUER IV IRLND SR SECURED REGS 10/27 6             | CUSIP: ACI2S8C83<br>LEI: 894500E9CKDEAOMG0B46 | Long             | DBT              | NUSS              | IE        |   1400278 | PA      | $1313489.76   | 0.11%             | 2027-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MTGE ACQUIS CORP 2006-WMC4                                             | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 WMC4 A1A         | CUSIP: 46630BAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5123095 | PA      | $3212225.04   | 0.27%             | 2036-12-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO/F. H. DEACON HOD 12/15 FIXED 2.079            | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -50422334 | PA      | $-50473708.75 | -4.22%            |  |  |  | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTNERSHIP LP                                                | PIEDMONT OPERATING PARTN PIEDMONT OPERATING PARTN          | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4215132.36   | 0.35%             | 2029-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS SR SECURED 144A 07/31 8.5         | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3006038.01   | 0.25%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TRY BOUGHT USD 20250707                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $-3111.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| IRB INFRASTRUCTURE DEVELOPERS LIMITED                                            | IRB INFRASTRUCTURE DEVE IRB INFRASTRUCTURE DEVE            | CUSIP: ACI2N3LL0<br>LEI: 335800XGO3AITGW6AK27 | Long             | DBT              | CORP              | IN        |   2400000 | PA      | $2408968.42   | 0.20%             | 2032-03-11      | Fixed         | 7.11%                 | No            |                  2 | On Loan: No      |
| SEASONED CREDIT RISK TRANSFER TRUST SERIES 2019-4                                | FREDDIE MAC   SCRT SCRT 2019 4 BXS 144A                    | CUSIP: 35563PNE5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2502209 | PA      | $1108679.42   | 0.09%             | 2059-02-25      | Variable      | 4.96%                 | No            |                  2 | On Loan: No      |
| MERRILL LYNCH MORTGAGE INV INC 2004-WMC4                                         | MERRILL LYNCH MORTGAGE INVESTO MLMI 2004 WMC4 M2           | CUSIP: 59020UDG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1285779 | PA      | $1244577.68   | 0.10%             | 2035-04-25      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO CREDIT AGRICOLE 03/14 VAR                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |   -894361 | PA      | $-896179.28   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $17.73        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AUCHAN (ELO SACA)                                                                | ELO SACA SR UNSECURED REGS 07/27 3.25                      | CUSIP: ACI1NZ8Z5<br>LEI: 969500ASEC557H5A4F22 | Long             | DBT              | CORP              | FR        |   3500000 | PA      | $3982032.72   | 0.33%             | 2027-07-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COLONY MORTGAGE CAPITAL SERIES LTD 2019-IKPR                                     | COLONY MORTGAGE CAPITAL LTD CLNY 2019 IKPR B 144A          | CUSIP: 12564NAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3115000 | PA      | $3033919.35   | 0.25%             | 2038-11-15      | Floating      | 6.15%                 | No            |                  2 | On Loan: No      |
| CAST & CREW LLC                                                                  | CAST   CREW LLC 2021 INCREMENTAL TERM LOAN                 | CUSIP: 14835JAQ3<br>LEI: 549300XE7OZGFGN5F466 | Long             | LON              | CORP              | US        |   2984532 | PA      | $2828650.37   | 0.24%             | 2028-12-29      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| ASURION LLC (AKA: ASURION CORP)                                                  | ASURION LLC 2025 TERM LOAN B13                             | CUSIP: 04649VBE9<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   3300000 | PA      | $3210075.00   | 0.27%             | 2030-09-19      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| IPL PLASTICS (TOUCAN FINCO LTD/TOUCAN FINCO CAN INC/TOUCAN FINCO US LLC)         | TOUCAN FINCO LTD/CAN/US SR SECURED 144A 05/30 9.5          | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    700000 | PA      | $716154.41    | 0.06%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SEC CORP 2006-GEL1                                              | STRUCTURED ASSET SECURITIES CO SASC 2006 GEL1 M3 144A      | CUSIP: 863576EJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8316185 | PA      | $7357137.96   | 0.61%             | 2035-11-25      | Floating      | 7.81%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC                                                                      | CHOBANI LLC 2025 REPRICED TERM LOAN B                      | CUSIP: 17026YAK5<br>LEI: 549300ISVDMZ91KNTR38 | Long             | LON              | CORP              | US        |   2955150 | PA      | $2969305.17   | 0.25%             | 2027-10-25      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO DEUTSCHE REVERSE REPO                         | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -14513071 | PA      | $-14672408.41 | -1.23%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC - SCRT 2017-2                                                        | FREDDIE MAC   SCRT SCRT 2017 2 BIO 144A                    | CUSIP: 35563PBM0<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |  32610614 | PA      | $3880509.77   | 0.32%             | 2056-08-25      | Variable      | 1.48%                 | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LN TRUST 2006-NLC1                                         | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2006 NLC1 A4 144A      | CUSIP: 83611DAD0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7233229 | PA      | $1968470.51   | 0.16%             | 2036-11-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| SYNEOS HEALTH INC (STAR PARENT INC)                                              | STAR PARENT INC TERM LOAN B                                | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |   4949875 | PA      | $4907850.24   | 0.41%             | 2030-09-27      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CAD SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $35016.23     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WATERBRIDGE NDB OPERATING LLC                                                    | WATERBRIDGE MIDSTREAM OPR LLC 2024 TERM LOAN B             | CUSIP: 94120YAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2972513 | PA      | $2976228.20   | 0.25%             | 2029-05-10      | Floating      | 8.30%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET MTGE PRO INC 2004-RS1                                          | RESIDENTIAL ASSET MORTGAGE PRO RAMP 2004 RS1 MII2          | CUSIP: 760985N98<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3622923 | PA      | $3708677.95   | 0.31%             | 2034-01-25      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| STEENBOK LUX FINCO 2 SARL                                                        | STEENBOK LUX FINCO 2 SARL 2023 EUR PIK TL A2 RESTRUCTURE   | CUSIP: 948FWKII5<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |  10084253 | PA      | $4294940.96   | 0.36%             | 2026-06-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TENEO HOLDINGS LLC                                                               | TENEO HOLDINGS LLC 2024 TERM LOAN B                        | CUSIP: 88033CAM1<br>LEI: 254900JYFK02V3OP5U96 | Long             | LON              | CORP              | US        |   2271250 | PA      | $2296324.60   | 0.19%             | 2031-03-07      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                                                      | WESTERN DIGITAL CORP SR SECURED 02/32 3.1                  | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3276207.55   | 0.27%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| VANTIVE HEALTH LLC                                                               | SPRUCE BIDCO II INC TERM LOAN                              | CUSIP: BA000FPP1<br>LEI: 254900D597QQOG22WQ55 | Long             | LON              | CORP              | US        |   2033394 | PA      | $1996088.62   | 0.17%             | 2032-01-30      | Fixed         | 9.13%                 | No            |                  3 | On Loan: No      |
| CHAMPION IRON LIMITED                                                            | CHAMPION IRON CANADA INC COMPANY GUAR 144A 07/32 7.875     | CUSIP: 15853BAA9<br>LEI: 894500WQI96G4T75O202 | Long             | DBT              | CORP              | CA        |   3500000 | PA      | $3550932.84   | 0.30%             | 2032-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 2023 USD TERM LOAN B14                    | CUSIP: F6628DAN4<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |    598473 | PA      | $543778.81    | 0.05%             | 2028-08-15      | Floating      | 9.76%                 | No            |                  2 | On Loan: No      |
| CHASEFLEX TRUST 2007-M1                                                          | CHASEFLEX TRUST CFLX 2007 M1 2AV3                          | CUSIP: 16165YAS1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2318233 | PA      | $1943257.09   | 0.16%             | 2037-08-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| CHASEFLEX TRUST 2007-M1                                                          | CHASEFLEX TRUST CFLX 2007 M1 2F5                           | CUSIP: 16165YAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1479506 | PA      | $1255250.95   | 0.10%             | 2037-08-25      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| AIR TRANSPORT SERVICES GROUP INC (STONEPEAK NILE PARENT LLC)                     | STONEPEAK NILE PARENT LLC TERM LOAN B                      | CUSIP: 86184XAB0<br>LEI: 254900TJV3VAFZD0GU41 | Long             | LON              | CORP              | US        |   2100000 | PA      | $2109450.00   | 0.18%             | 2032-04-09      | Floating      | 9.25%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP / JETBLUE LOYALTY LP                                        | JETBLUE AIRWAYS/LOYALTY JETBLUE AIRWAYS/LOYALTY            | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5548985.74   | 0.46%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2023-7                                                  | ANGEL OAK MORTGAGE TRUST AOMT 2023 7 A1 144A               | CUSIP: 03466DAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    852536 | PA      | $847619.18    | 0.07%             | 2067-11-25      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| BDO USA PC (AKA: BDO USA PA)                                                     | BDO USA P C 2024 TERM LOAN A                               | CUSIP: BA000BL33<br>LEI: 549300HCLKYOUFB75R55 | Long             | LON              | CORP              | US        |   4467120 | PA      | $4482091.33   | 0.37%             | 2028-08-31      | Floating      | 9.32%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | SOLD EUR BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $-670959.27   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | DEUTSCHE BANK REPO REPO                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |   2200000 | PA      | $2200000.00   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| PERATON CORP                                                                     | PERATON CORP TERM LOAN B                                   | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |   2760268 | PA      | $2444562.68   | 0.20%             | 2028-02-01      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MTG LOAN 2004-FF10                                                | FIRST FRANKLIN MTG LOAN ASSET FFML 2004 FF10 M2            | CUSIP: 32027NMK4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    195827 | PA      | $172608.32    | 0.01%             | 2034-05-25      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| GCAT 2023-NQM4 TRUST                                                             | GCAT GCAT 2023 NQM4 A1 144A                                | CUSIP: 36171FAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    877293 | PA      | $834369.39    | 0.07%             | 2067-05-25      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| VANTIVE HEALTH LLC                                                               | SPRUCE BIDCO II INC JPY TERM LOAN                          | CUSIP: BA000FPQ9<br>LEI: 254900D597QQOG22WQ55 | Long             | LON              | CORP              | US        |  39363976 | PA      | $268266.57    | 0.02%             | 2032-01-30      | Floating      | 6.00%                 | No            |                  3 | On Loan: No      |
| PROMOTORA DE INFORMACIONES SA (PRISA)                                            | PROMOTORA DE INFORMACIONES SA 2025 EUR 1ST LIEN TERM LOAN  | CUSIP: BA000KZZ7<br>LEI: 959800U3NGPXSCQHQW54 | Long             | LON              | CORP              | ES        |   3197681 | PA      | $3710209.55   | 0.31%             | 2029-12-31      | Floating      | 7.59%                 | No            |                  2 | On Loan: No      |
| NORTHUMBRIAN WATER FINANCE PLC                                                   | NORTHUMBRIAN WATER FIN COMPANY GUAR REGS 02/31 4.5         | CUSIP: ACI2CV330<br>LEI: 213800JTFA6F3S7XX781 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2644482.44   | 0.22%             | 2031-02-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MFA 2023-NQM4 TRUST                                                              | MFRA TRUST MFRA 2023 NQM4 A1 144A                          | CUSIP: 55286LAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    659295 | PA      | $663073.28    | 0.06%             | 2068-12-25      | Fixed         | 6.11%                 | No            |                  2 | On Loan: No      |
| COREWEAVE COMPUTE ACQUISITION CO II LLC                                          | COREWEAVE CMPTE ACQU CO II LLC 2024 DELAYED DRAW TERM LOAN | CUSIP: BA0004JK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5400000 | PA      | $5526552.56   | 0.46%             | 2029-05-30      | Floating      | 6.88%                 | No            |                  3 | On Loan: No      |
| COTIVITI INC                                                                     | COTIVITI CORPORATION 2024 TERM LOAN                        | CUSIP: 22164MAB3<br>LEI: 254900YAQHVRTG4IFI64 | Long             | LON              | CORP              | US        |   2962612 | PA      | $2952435.93   | 0.25%             | 2031-05-01      | Floating      | 7.08%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD GBP BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-243635.42   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                                                    | B+G FOODS INC COMPANY GUAR 09/27 5.25                      | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $2917042.24   | 0.24%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO MERRILL LYNCH                                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2516518 | PA      | $-2516238.63  | -0.21%            |  |  |  | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2007-2                                                    | GSAA HOME EQUITY TRUST GSAA 2007 2 AV1                     | CUSIP: 3622EUAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8457712 | PA      | $1525142.02   | 0.13%             | 2037-03-25      | Floating      | 4.51%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BARCLAYS REVERSE REPO                         | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -2408580 | PA      | $-2414663.28  | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LIFEPOINT HEALTH INC 2024 1ST LIEN TERM LOAN B             | CUSIP: 75915TAK8<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |   6633209 | PA      | $6573079.13   | 0.55%             | 2031-05-19      | Floating      | 8.01%                 | No            |                  2 | On Loan: No      |
| INTEGRITY RE LTD                                                                 | INTEGRITY RE LTD SR UNSECURED 144A 06/26 VAR               | CUSIP: 45833UAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    650000 | PA      | $678567.50    | 0.06%             | 2026-06-08      | Floating      | 21.31%                | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE ACQI CORP 2006-CW2                                            | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 CW2 AF4          | CUSIP: 46629BAD1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1168410 | PA      | $690744.34    | 0.06%             | 2036-08-25      | Variable      | 6.08%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS INC 2006-QS14                                         | RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QS14 A25          | CUSIP: 74922GBA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4348013 | PA      | $3659040.05   | 0.31%             | 2036-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS MTGE FUND TR 2006-AR3                                               | BEAR STEARNS MORTGAGE FUNDING BSMF 2006 AR3 1A1            | CUSIP: 07400HAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14052260 | PA      | $12509093.82  | 1.05%             | 2036-10-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY PARTNERS LLC                                             | HOWARD MIDSTREAM ENERGY HOWARD MIDSTREAM ENERGY            | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3894020.60   | 0.33%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LOAN TR 2007-OPT5                                          | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2007 OPT5 2A2          | CUSIP: 83613FAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7538225 | PA      | $5816071.01   | 0.49%             | 2037-10-25      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO BANK OF NEW YORK                              | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -26703874 | PA      | $-26841083.54 | -2.24%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 07/25 0.00000                                | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1081000 | PA      | $1080748.61   | 0.09%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RAISING CANES RESTAURANTS LLC                                                    | RAISING CANE S RESTAURAN RAISING CANE S RESTAURAN          | CUSIP: 75103AAA3<br>LEI: 254900V6ADXFWHYOED66 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3169701.00   | 0.26%             | 2029-05-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS PARTNERS LP                                                  | ENTERPRISE PRODUCTS PARTNERS MLP                           | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |   1148687 | NS      | $35620783.87  | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | REVERSE REPO TORONTO DOMINIO                               | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -3102480 | PA      | $-3144061.85  | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO WELLS FARGO REVERSE REPO                      | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -17354533 | PA      | $-17448160.45 | -1.46%            |  |  |  | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS LLC                                             | FRONTIER COMMUNICATIONS CORP 2025 TERM LOAN B              | CUSIP: 35906EAU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2686517 | PA      | $2690989.92   | 0.22%             | 2031-07-01      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 2023 EUR TERM LOAN B14                    | CUSIP: F6628DAP9<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |     99746 | PA      | $106018.39    | 0.01%             | 2028-08-15      | Floating      | 7.78%                 | No            |                  2 | On Loan: No      |
| SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-3                                | FREDDIE MAC   SCRT SCRT 2020 3 BXS 144A                    | CUSIP: 35563PUB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    591228 | PA      | $344049.59    | 0.03%             | 2060-05-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                                                   | RAVEN ACQUISITION HOLDIN SR SECURED 144A 11/31 6.875       | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2105338.37   | 0.18%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-1493.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CZECHOSLOVAK GROUP AS                                                            | CZECHOSLOVAK GROUP CZECHOSLOVAK GROUP                      | CUSIP: ACI2Y9LD3<br>LEI: 315700SWFD7G70AVG768 | Long             | DBT              | CORP              | CZ        |    200000 | PA      | $201988.85    | 0.02%             | 2031-01-10      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2006-FM1                                                             | GSAMP TRUST GSAMP 2006 FM1 A1                              | CUSIP: 362334PF5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13045295 | PA      | $9697103.62   | 0.81%             | 2036-04-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO LLC                                                      | BEACH ACQUISITION BIDCO LLC USD TERM LOAN B                | CUSIP: BA000LM14<br>LEI: 254900F2FNX3GBTB6202 | Long             | LON              | CORP              | US        |    700000 | PA      | $704375.00    | 0.06%             | 2032-06-25      | Floating      | 7.58%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | PAA US TRS EQUITY SOFR+60 *BULLET* GST                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $-590698.34   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| UBISOFT ENTERTAINMENT                                                            | UBISOFT ENTERTAINMENT SA SR UNSECURED REGS 11/27 0.878     | CUSIP: ACI1SYQ75<br>LEI: 969500I7C8V1LBIMSM05 | Long             | DBT              | CORP              | FR        |   5400000 | PA      | $5740742.49   | 0.48%             | 2027-11-24      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2006-4                                                    | GSAA HOME EQUITY TRUST GSAA 2006 4 4A3                     | CUSIP: 362334FK5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4858135 | PA      | $2893543.08   | 0.24%             | 2036-03-25      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| CSMC TRUST 2017                                                                  | CREDIT SUISSE MORTGAGE TRUST CSMC 2017 CALI E 144A         | CUSIP: 12652FAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5200000 | PA      | $874036.80    | 0.07%             | 2032-11-10      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP JR SUBORDINA 09/55 VAR                          | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3647211.30   | 0.30%             | 2055-09-15      | Floating      | 7.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 10/25 0.00000                                | CUSIP: 912797RB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    100000 | PA      | $98857.18     | 0.01%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| QLIK TECHNOLOGIES (PROJECT ALPHA INTERMEDIATE HOLDING INC)                       | PROJECT ALPHA INTMDT HLDNG INC 2024 1ST LIEN TERM LOAN B   | CUSIP: 74339DAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3960100 | PA      | $3983207.18   | 0.33%             | 2030-10-26      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC                          | MITER BRANDS ACQUISITION 04/32 6.75                        | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2565708.38   | 0.21%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM LP                                                                | HESS MIDSTREAM LP   CLASS A COMMON STOCK                   | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    206870 | NS      | $7966563.70   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ACE SECURITIES CORP HOME EQUITY LOAN TRUST SERIES 2007-HE5                       | ACE SECURITIES CORP. ACE 2007 HE5 A2B                      | CUSIP: 000797AC4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2104679 | PA      | $668329.41    | 0.06%             | 2037-07-25      | Floating      | 4.73%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORPORATION                                                         | CHORD ENERGY CORP COMPANY GUAR 144A 03/33 6.75             | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1431147.12   | 0.12%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO MORGAN STANLEY                                | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -6755654 | PA      | $-6926282.97  | -0.58%            |  |  |  | No            |                  2 | On Loan: No      |
| LONG BEACH MTGE LOAN TRUST 2004-5                                                | LONG BEACH MORTGAGE LOAN TRUST LBMLT 2004 5 M1             | CUSIP: 542514HD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1094272 | PA      | $1069741.18   | 0.09%             | 2034-09-25      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| OCS GROUP HOLDINGS LIMITED                                                       | OCS GROUP HOLDINGS LTD GBP TERM LOAN B                     | CUSIP: BA000BQB0<br>LEI: 54930002RKY3Y4LURL90 | Long             | LON              | CORP              | GB        |   5000000 | PA      | $6851477.93   | 0.57%             | 2031-11-28      | Floating      | 9.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $427.22       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NOVOLEX (CLYDESDALE ACQUISITION HOLDINGS INC)                                    | CLYDESDALE ACQUISITION SR SECURED 144A 04/32 6.75          | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026893.86   | 0.09%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                               | NEWFOLD DIGITAL HLDGS GR SR UNSECURED 144A 02/29 6         | CUSIP: 29279XAA8<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    500000 | PA      | $292500.00    | 0.02%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| N/A                                                                              | BOUGHT CAD SOLD USD 20250805                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $36.01        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MERRILL LYNCH FIRST FRANKLIN MORTGAGE LOAN TRUST 2007-3                          | MERRILL LYNCH FIRST FRANKLIN M FFMER 2007 3 A2B            | CUSIP: 59024VAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1507801 | PA      | $1503820.56   | 0.13%             | 2037-06-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MTG LOAN ABS 2006-FF13                                            | FIRST FRANKLIN MTG LOAN ASSET FFML 2006 FF13 A1            | CUSIP: 30247DAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11213826 | PA      | $7257460.35   | 0.61%             | 2036-10-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERTS 2005-15                                           | COUNTRYWIDE ASSET BACKED CERTI CWL 2005 15 M3              | CUSIP: 126670MK1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7200000 | PA      | $5913804.24   | 0.49%             | 2036-04-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET LENDING PARTNERS                                                    | SIXTH STREET LENDING PAR SR UNSECURED 144A 07/30 6.125     | CUSIP: 829932AE2<br>LEI: 549300S9P1HMDERGCR64 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3667643.89   | 0.31%             | 2030-07-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT                                                                  | DETROIT MI DET 04/44 ADJUSTABLE VAR                        | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    497159 | PA      | $389026.57    | 0.03%             | 2044-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CAD BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-35.66       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO CIBC                                          | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -4379715 | PA      | $-4392936.77  | -0.37%            |  |  |  | No            |                  2 | On Loan: No      |
| COMETE HOLDING                                                                   | COMEXPOSIUM 2019 EUR TERM LOAN B                           | CUSIP: 964NDFII9<br>LEI: N/A                  | Long             | LON              | CORP              | FR        |   1024654 | PA      | $1436320.29   | 0.12%             | 2026-03-28      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECURITIES CO-2007-TC1                                          | STRUCTURED ASSET SECURITIES CO SASC 2007 TC1 M5 144A       | CUSIP: 86364GAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2772000 | PA      | $2791762.14   | 0.23%             | 2031-04-25      | Floating      | 6.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD TRY BOUGHT USD 20250806                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TR        |         1 | NC      | $-30629.13    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC                             | PRIMO / TRITON WATER HLD COMPANY GUAR 144A 04/29 6.25      | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2519501.35   | 0.21%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 09/25 0.00000                                | CUSIP: 912797PY7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $594001.50    | 0.05%             | 2025-09-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO SOCIETE GENERALE REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -7689435 | PA      | $-7775556.72  | -0.65%            |  |  |  | No            |                  2 | On Loan: No      |
| AUCHAN (ELO SACA)                                                                | ELO SACA SR UNSECURED REGS 01/26 2.875                     | CUSIP: ACI1LZ6Q9<br>LEI: 969500ASEC557H5A4F22 | Long             | DBT              | CORP              | FR        |    800000 | PA      | $931287.78    | 0.08%             | 2026-01-29      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO SOCIETE GENERALE REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -12702803 | PA      | $-12836478.69 | -1.07%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-MINN                 | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 MINN B 144A      | CUSIP: 46650GAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4555415.50   | 0.38%             | 2035-11-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $-17.56       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD JPY BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $506.03       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.75000 06/20/24-10Y CME                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $805.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VARSITY BRANDS INC                                                               | VARSITY BRANDS INC 2025 TERM LOAN                          | CUSIP: 92227QAF3<br>LEI: 254900PLBJA0I5NSTT38 | Long             | LON              | CORP              | US        |   6284250 | PA      | $6291131.25   | 0.53%             | 2031-08-26      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| ASPIRE BAKERIES HOLDINGS LLC (AKA: ALPINE US BIDCO LLC)                          | ASPIRE BAKERIES HOLDINGS LLC TERM LOAN                     | CUSIP: BA00008X6<br>LEI: 549300MWN7R72KAKOD18 | Long             | LON              | CORP              | US        |    989950 | PA      | $995052.95    | 0.08%             | 2030-12-23      | Floating      | 0.23%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-MINN                 | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 MINN C 144A      | CUSIP: 46650GAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $3327617.50   | 0.28%             | 2035-11-15      | Floating      | 6.31%                 | No            |                  2 | On Loan: No      |
| MPT OPERATING PARTNERSHIP LP/MPT FINANCE CORP                                    | MPT OPER PARTNERSP/FINL SR SECURED 144A 02/32 8.5          | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $628416.60    | 0.05%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEW CENTURY HOME EQUITY LOAN TR 2003-6                                           | NEW CENTURY HOME EQUITY LOAN T NCHET 2003 6 M1             | CUSIP: 64352VFD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    441041 | PA      | $441659.41    | 0.04%             | 2034-01-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PROPERTY TRUST STARWOOD PROPERTY TRUST            | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2843290.05   | 0.24%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2005-11                                            | COUNTRYWIDE ASSET BACKED CERTI CWL 2005 11 AF5A            | CUSIP: 126670CK2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    552911 | PA      | $538248.54    | 0.04%             | 2036-02-25      | Variable      | 5.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD DKK BOUGHT USD 20250804                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |         1 | NC      | $-9485.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DIRECT CHASSISLINK (DCLI BIDCO LLC)                                              | DCLI BIDCO LLC 2ND MORTGAGE 144A 11/29 7.75                | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3649691.16   | 0.31%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HOLDINGS GROUP INC                                               | ENDURANCE INTERNATIONAL GROUP NON COOP TERM LOAN           | CUSIP: 29279UAB2<br>LEI: 549300UTQC2651SB0W88 | Long             | LON              | CORP              | US        |   2387597 | PA      | $1838449.61   | 0.15%             | 2028-02-10      | Floating      | 7.93%                 | No            |                  3 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP MLP                                                | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |    915636 | NS      | $47164410.36  | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | REVERSE REPO CREDIT AGRICOLE 03/14 VAR                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -1101012 | PA      | $-1103273.48  | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                            | QUIKRETE HOLDINGS INC 2025 TERM LOAN B                     | CUSIP: 74839XAL3<br>LEI: 5493007KIN86DIZWZT22 | Long             | LON              | CORP              | US        |   1695750 | PA      | $1695538.03   | 0.14%             | 2032-02-10      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| GATEWAY CASINOS & ENTERTAINMENT LIMITED                                          | GATEWY CSINS + ENTRTINMNT LTD 2024 TERM LOAN B             | CUSIP: BA000DCX3<br>LEI: 549300JSKBQMMD1B3U44 | Long             | LON              | CORP              | CA        |   2645916 | PA      | $2647027.53   | 0.22%             | 2030-12-18      | Floating      | 10.56%                | No            |                  2 | On Loan: No      |
| SOLERA LLC (POLARIS NEWCO LLC)                                                   | POLARIS NEWCO, LLC USD TERM LOAN B                         | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |   4948586 | PA      | $4829325.19   | 0.40%             | 2028-06-02      | Floating      | 8.29%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $1492.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GSAA HOME EQUITY TRUST 2006-20                                                   | GSAA HOME EQUITY TRUST GSAA 2006 20 1A2                    | CUSIP: 362351AB4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12618846 | PA      | $3655789.41   | 0.31%             | 2046-12-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| MILL CITY MORTGAGE LOAN TRUST 2019-GS2                                           | MILL CITY MORTGAGE TRUST MCMLT 2019 GS2 M3 144A            | CUSIP: 59981TAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2850000 | PA      | $2448350.36   | 0.20%             | 2059-08-25      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| SITIO ROYALTIES OPERATING PARTNERSHIP LP / SITIO FINANCE CORP                    | SITIO ROYAL OP / SIT FIN SR UNSECURED 144A 11/28 7.875     | CUSIP: 82983MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $6286167.66   | 0.53%             | 2028-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| RAISING CANES RESTAURANTS LLC                                                    | RAISING CANES RESTAURANTS LLC 2024 TERM LOAN B             | CUSIP: 75101XAP2<br>LEI: 254900V6ADXFWHYOED66 | Long             | LON              | CORP              | US        |   2992462 | PA      | $3013978.11   | 0.25%             | 2031-09-18      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2018-4                                                 | TOWD POINT MORTGAGE TRUST TPMT 2018 4 A1 144A              | CUSIP: 89175TAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1606871 | PA      | $1523563.79   | 0.13%             | 2058-06-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO THE BANK OF NOVA REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -10838020 | PA      | $-10898863.78 | -0.91%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED PACIFIC (AKA: APRO LLC)                                                   | APRO LLC 2024 TERM LOAN B                                  | CUSIP: 03834XAP8<br>LEI: 549300HALLMPVGYAKP14 | Long             | LON              | CORP              | US        |   4960006 | PA      | $4953806.27   | 0.41%             | 2031-07-09      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| IPL PLASTICS (INTELLIGENT PACKAGING LTD/INTELLIGENT PACKAGING LTD CO-ISSUER LLC) | INTELLIGENT PACKAGING SR SECURED 144A 09/28 6              | CUSIP: 45827MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $4000000.00   | 0.33%             | 2028-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| X CORPORATION                                                                    | TWITTER INC TERM LOAN                                      | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10066026 | PA      | $9846637.41   | 0.82%             | 2029-10-26      | Floating      | 10.93%                | No            |                  2 | On Loan: No      |
| YINSON PRODUCTION FINANCIAL SERVICES PTE LTD                                     | YINSON PRODUCTION FINANC SR SECURED 144A REGS 05/29 9.6    | CUSIP: ACI2NT341<br>LEI: 254900TYMSC94RS33U73 | Long             | DBT              | CORP              | SG        |   3000000 | PA      | $3118819.02   | 0.26%             | 2029-05-03      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| HARP FINCO LIMITED                                                               | HARP FINCO LIMITED GBP TERM LOAN                           | CUSIP: BA0008GH5<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |   3864857 | PA      | $5205823.44   | 0.44%             | 2032-03-27      | Floating      | 9.72%                 | No            |                  3 | On Loan: No      |
| RAVEN ACQUISITION HOLDINGS LLC                                                   | RAVEN ACQUISITION HOLDINGS LLC DELAYED DRAW TERM LOAN      | CUSIP: 75419XAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    193333 | PA      | $193405.83    | 0.02%             | 2031-11-19      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| NOMURA ASSET ACCEPT CORP 2006-AF2                                                | NOMURA ASSET ACCEPTANCE CORPOR NAA 2006 AF2 1A5            | CUSIP: 65536VAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7924256 | PA      | $2095672.63   | 0.18%             | 2036-08-25      | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2005-HE3                                                             | GSAMP TRUST GSAMP 2005 HE3 M4                              | CUSIP: 362341BT5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1897854 | PA      | $1852490.79   | 0.15%             | 2035-06-25      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-1                                | FREDDIE MAC   SCRT SCRT 2020 1 BXS                         | CUSIP: 35563PPP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10211240 | PA      | $4860610.52   | 0.41%             | 2059-08-25      | Variable      | 4.59%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT JPY SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |         1 | NC      | $556.54       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SEC ASSET BACKED REC LLC 2007-BR3                                                | SECURITIZED ASSET BACKED RECEI SABR 2007 BR3 A2B           | CUSIP: 81377NAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1497122 | PA      | $997925.38    | 0.08%             | 2037-04-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2006-4                                                  | BEAR STEARNS ALT A TRUST BALTA 2006 4 23A4                 | CUSIP: 073871BB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1161254 | PA      | $772752.74    | 0.06%             | 2036-08-25      | Variable      | 4.18%                 | No            |                  2 | On Loan: No      |
| WHEELABRATOR TECHNOLOGIES INC (GRANITE ACQUISITION INC)                          | WIN WASTE INNOVATIONS HOLDINC 2025 INCREMENTAL TERM LOAN   | CUSIP: 38723BAL5<br>LEI: 549300DJBUN7Z75R2S83 | Long             | LON              | CORP              | US        |   1496250 | PA      | $1505601.56   | 0.13%             | 2028-03-24      | Floating      | 8.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD MXN BOUGHT USD 20250917                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |         1 | NC      | $-275.36      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THAMES WATER SUPER SENIOR ISSUER PLC                                             | THAMES WATER SUPER SEN SR SECURED 144A 10/27 9.75          | CUSIP: ACI2VXTH6<br>LEI: 635400LBEYCV7F4FC741 | Long             | DBT              | CORP              | GB        |    172268 | PA      | $260670.40    | 0.02%             | 2027-10-10      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MF1 MULTIFAMILY HOUSING MORTGAGE LOAN TRUST 2025-FL17                            | MF1 MULTIFAMILY HOUSING MORTGA MF1 2025 FL17 A 144A        | CUSIP: 55287HAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    500000 | PA      | $499359.95    | 0.04%             | 2040-02-18      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MTGE LN TRUST 2006-11                                             | MORGAN STANLEY MORTGAGE LOAN T MSM 2006 11 1A6             | CUSIP: 61749WAM9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2563517 | PA      | $431960.26    | 0.04%             | 2036-08-25      | Variable      | 6.73%                 | No            |                  2 | On Loan: No      |
| OPEN TRUST 2023-AIR                                                              | OPEN TRUST OPEN 2023 AIR A 144A                            | CUSIP: 68373BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    128683 | PA      | $129011.86    | 0.01%             | 2040-11-15      | Floating      | 7.40%                 | No            |                  2 | On Loan: No      |
| COLLEGE AVE STUDENT LOANS LLC 2024-A                                             | COLLEGE AVE STUDENT LOANS CASL 2024 A D 144A               | CUSIP: 19424RAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    902000 | PA      | $907757.47    | 0.08%             | 2054-06-25      | Fixed         | 8.66%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 09/25 0.00000                                | CUSIP: 912797PX9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    900000 | PA      | $891679.33    | 0.07%             | 2025-09-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| YORKSHIRE WATER FINANCE PLC                                                      | YORKSHIRE WATER FINANCE SR SECURED REGS 04/30 5.25         | CUSIP: ACI2D68P0<br>LEI: 213800O8BDOGHJMTCP32 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2732176.09   | 0.23%             | 2030-04-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL SR UNSECURED 03/30 6.25               | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    600000 | PA      | $609602.99    | 0.05%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES UTICA HOLDINGS LLC / ARU FINANCE CORP                           | ASCENT RESOURCES/ARU FIN SR UNSECURED 144A 10/32 6.625     | CUSIP: 04364VAX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4582926.00   | 0.38%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HOME EQUITY ASSET TRUST 2006-4                                                   | HOME EQUITY ASSET TRUST HEAT 2006 4 M1                     | CUSIP: 437084VR4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3399707 | PA      | $3347459.37   | 0.28%             | 2036-08-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                               | TREASURY BILL 10/25 0.00000                                | CUSIP: 912797RD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1160000 | PA      | $1144863.41   | 0.10%             | 2025-10-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO DEUTSCHE REVERSE REPO                         | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        |  -3953076 | PA      | $-3982556.15  | -0.33%            |  |  |  | No            |                  2 | On Loan: No      |
| AAMES MORTGAGE INVESTMENT TRUST 2004-1                                           | AAMES MORTGAGE INVESTMENT TRUS AMIT 2004 1 M7              | CUSIP: 00252FAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $2707986.75   | 0.23%             | 2035-01-25      | Floating      | 7.13%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MTGE ACQUIS CORP 2006-WMC3                                             | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 WMC3 A1MZ        | CUSIP: 46629KAB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3406052 | PA      | $2190523.24   | 0.18%             | 2036-08-25      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| MF1 2024-FL14 LLC                                                                | MF1 MULTIFAMILY HOUSING MORTGA MF1 2024 FL14 A 144A        | CUSIP: 55416AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9000000 | PA      | $9038332.71   | 0.76%             | 2039-03-19      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| WINSTON RE LTD                                                                   | WINSTON RE LTD UNSECURED 144A 02/31 VAR                    | CUSIP: 975660AA9<br>LEI: 2549001Q4VX5Y31QFJ88 | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $1058000.00   | 0.09%             | 2031-02-26      | Floating      | 14.54%                | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT GBP SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $243332.27    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT CAD SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $415728.07    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV                                                         | FLORA FOOD MANAGEMENT BV SR SECURED 144A 07/29 6.875       | CUSIP: ACI2PNX49<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |   2500000 | PA      | $2994196.74   | 0.25%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SVF II FINCO (CAYMAN) LP                                                         | SOFTBANK VISION FUND II TRANCHE B1 TERM LOAN               | CUSIP: BA000KP88<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    886546 | PA      | $886546.42    | 0.07%             | 2029-12-23      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY PARTNERS LLC                                             | HOWARD MIDSTREAM ENERGY SR UNSECURED 144A 07/28 8.875      | CUSIP: 442722AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $840449.10    | 0.07%             | 2028-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DYE & DURHAM LIMITED                                                             | DYE + DURHAM LTD 04/29 8.625                               | CUSIP: 267486AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2618247.50   | 0.22%             | 2029-04-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | WES US TRS EQUITY SOFR+60 *BULLET* GST                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | US        |         1 | NC      | $-438269.65   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD GBP BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |         1 | NC      | $-376562.24   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | NEW FORTRESS ENERGY CLASS A LOCKED UP EQTYNFE18            | CUSIP: 955DWMII6<br>LEI: 254900EICTYTCHA5X705 | Long             | EC               | CORP              | US        |     18327 | NS      | $60845.64     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2018-ASH8                   | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2018 ASH8 E 144A      | CUSIP: 46649JAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    987342 | PA      | $941107.63    | 0.08%             | 2035-02-15      | Floating      | 7.61%                 | No            |                  2 | On Loan: No      |
| UNICORN BAY (HONG KONG) INVESTMENTS LIMITED                                      | UNICORN BAY HKD FIXED TERM LOAN A                          | CUSIP: BA00077Z7<br>LEI: N/A                  | Long             | LON              | CORP              | HK        |  26371631 | PA      | $3401458.10   | 0.28%             | 2026-12-31      | Fixed         | 13.00%                | No            |                  3 | On Loan: No      |
| N/A                                                                              | SOLD BRL BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |         1 | NC      | $-172322.43   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM PARTNERS LP                                                    | WESTERN MIDSTREAM PARTNERS L MLP                           | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    336678 | NS      | $13029438.60  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $44837.37     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COASTAL WASTE & RECYCLING (TIDAL WASTE & RECYCLING HOLDINGS LLC)                 | TIDL WSTE + RCYLNG HOLDIG LLC TERM LOAN B                  | CUSIP: 88636PAK7<br>LEI: 254900IQT82RE5KFAZ50 | Long             | LON              | CORP              | US        |   2892750 | PA      | $2913230.67   | 0.24%             | 2031-10-24      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| PRPM 2023-RCF2 LLC                                                               | PRP ADVISORS, LLC PRPM 2023 RCF2 A1 144A                   | CUSIP: 69380RAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    368168 | PA      | $361536.31    | 0.03%             | 2053-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC                                              | MI WINDOWS AND DOORS LLC 2024 TERM LOAN B2                 | CUSIP: 55336CAK8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2475000 | PA      | $2483439.75   | 0.21%             | 2031-03-21      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| GMS INC (GYP HOLDINGS III CORP)                                                  | GYP HOLDINGS III CORP COMPANY GUAR 144A 05/29 4.625        | CUSIP: 36261NAA5<br>LEI: 549300055I1KJWZH9690 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $4313056.65   | 0.36%             | 2029-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| DYE & DURHAM CORPORATION                                                         | DYE AND DURHAM CORPORATION 2024 USD TERM LOAN B            | CUSIP: C3117CAB0<br>LEI: 549300XUQDPIC5QRY347 | Long             | LON              | CORP              | CA        |   2374107 | PA      | $2396957.92   | 0.20%             | 2031-04-11      | Floating      | 8.65%                 | No            |                  2 | On Loan: No      |
| CSAB MORTGAGE BACKED TR 2006-2                                                   | CSAB MORTGAGE BACKED TRUST CSAB 2006 2 A6A                 | CUSIP: 12627HAK6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2748555 | PA      | $770493.48    | 0.06%             | 2036-09-25      | Variable      | 6.22%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD CAD BOUGHT USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-478428.49   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| CENTEX HOME EQUITY 2004-D                                                        | CENTEX HOME EQUITY CXHE 2004 D MV1                         | CUSIP: 152314LQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    429362 | PA      | $425779.72    | 0.04%             | 2034-09-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| PFP 2024-11 LTD                                                                  | PFP III PFP 2024 11 A 144A                                 | CUSIP: 69291WAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    440673 | PA      | $442242.63    | 0.04%             | 2039-09-17      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | BOUGHT EUR SOLD USD 20250702                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |         1 | NC      | $22361.24     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WINSTON RE LTD                                                                   | WINSTON RE LTD UNSECURED 144A 02/28 VAR                    | CUSIP: 975660AC5<br>LEI: 2549001Q4VX5Y31QFJ88 | Long             | DBT              | CORP              | BM        |    250000 | PA      | $254087.50    | 0.02%             | 2028-02-21      | Floating      | 10.79%                | No            |                  2 | On Loan: No      |
| NOVOLEX (CLYDESDALE ACQUISITION HOLDINGS INC)                                    | CLYDESDALE ACQUISITION COMPANY GUAR 144A 04/30 8.75        | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5629327.00   | 0.47%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED GAS & OIL CORPORATION                                                | DIVERSIFIED GAS + OIL CO SR SECURED 144A REGS 04/29 9.7    | CUSIP: ACI2W1Q54<br>LEI: 5493008O08WU7K5XC271 | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2578768.32   | 0.22%             | 2029-04-09      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| AIR TRANSPORT SERVICES GROUP INC (STONEPEAK NILE PARENT LLC)                     | STONEPEAK NILE PARENT SR SECURED 144A 03/32 7.25           | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |    500000 | PA      | $530353.00    | 0.04%             | 2032-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBRIDGE INC COMMON STOCK                                  | CUSIP: 29250N956<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    794800 | NS      | $36041050.12  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VIKING CRUISES LTD                                                               | VIKING CRUISES LTD COMPANY GUAR 144A 07/31 9.125           | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   2700000 | PA      | $2909590.20   | 0.24%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO SOCIETE GENERALE REVERSE REPO                 | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -17849693 | PA      | $-18042409.74 | -1.51%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                                              | SOLD HKD BOUGHT USD 20250716                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | HK        |         1 | NC      | $6308.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SYNIVERSE HOLDINGS LLC                                                           | SYNIVERSE HOLDINGS, LLC 2022 TERM LOAN                     | CUSIP: 87168TAB7<br>LEI: 549300CYZBHMZC8VLL59 | Long             | LON              | CORP              | US        |   5521935 | PA      | $5257324.20   | 0.44%             | 2027-05-13      | Floating      | 11.30%                | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                                                | WASTE PRO USA INC SR UNSECURED 144A 02/33 7                | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    400000 | PA      | $416247.20    | 0.03%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VANTIVE HEALTH LLC                                                               | SPRUCE BIDCO II INC CAD TERM LOAN                          | CUSIP: BA000FPR7<br>LEI: 254900D597QQOG22WQ55 | Long             | LON              | CORP              | US        |    368146 | PA      | $265265.17    | 0.02%             | 2032-01-30      | Floating      | 7.68%                 | No            |                  3 | On Loan: No      |
| CDK GLOBAL (CENTRAL PARENT LLC)                                                  | CENTRAL PARENT INC 2024 TERM LOAN B                        | CUSIP: 15477BAE7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7059411 | PA      | $5912609.76   | 0.49%             | 2029-07-06      | Floating      | 7.55%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTNERSHIP LP                                                | PIEDMONT OPERATING PARTN COMPANY GUAR 08/30 3.15           | CUSIP: 720198AE0<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3231528.70   | 0.27%             | 2030-08-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONAL LTD                                                    | WEATHERFORD INTERNATIONA COMPANY GUAR 144A 04/30 8.625     | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    100000 | PA      | $103138.72    | 0.01%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DATABRICKS INC                                                                   | DATABRICKS INC LAST OUT TERM LOAN                          | CUSIP: BA000D206<br>LEI: 984500FEDAC7FBD96273 | Long             | LON              | CORP              | US        |   4830786 | PA      | $4879093.89   | 0.41%             | 2031-01-03      | Floating      | 8.82%                 | No            |                  3 | On Loan: No      |
| FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FF7                                      | FIRST FRANKLIN MTG LOAN ASSET FFML 2006 FF7 2A4            | CUSIP: 320277AF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1298781.45   | 0.11%             | 2036-05-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | REVERSE REPO/F. H. DEACON HOD 12/15 FIXED 2.079            | CUSIP: 000000000<br>LEI: N/A                  | Short            | RA               |  | US        | -21743173 | PA      | $-22290678.56 | -1.86%            |  |  |  | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SEC TRUST 2005-A10                                             | RESIDENTIAL ASSET SECURITIZATI RAST 2005 A10 A4            | CUSIP: 45660LXN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1254818 | PA      | $574554.25    | 0.05%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ACE SECURITIES CORP 2007-ASP1                                                    | ACE SECURITIES CORP. ACE 2007 ASP1 A2D                     | CUSIP: 00442JAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1553350 | PA      | $627559.19    | 0.05%             | 2037-03-25      | Floating      | 5.19%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-19

**Name of Applicant:** PIMCO Dynamic Income Strategy Fund

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer