# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-23-071933
**Filing Date:** 2023-3
**Character Count:** 493250
**Document Hash:** b9a05b10cc73179a83bd7daede0fe52e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071933.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071933

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23774066

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares BB Rated Corporate Bond ETF (Series ID: S000063139)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000204721 | iShares BB Rated Corporate Bond ETF | HYBB            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Corporate Bonds & Notes** |  |  |
| **Advertising — 0.3%** |  |  |
| Lamar Media Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 01/15/31 (Call 01/15/26) | $265 | $225027 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/28 (Call 02/15/23)<sup>(a)</sup> | 285 | 258684 |
| &nbsp;&nbsp;&nbsp;4.00%, 02/15/30 (Call 02/15/25) | 265 | 235850 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/29 (Call 01/15/24)<sup>(a)</sup> | 205 | 192931 |
|  |  | 912492 |
| **Aerospace & Defense — 1.3%** |  |  |
| Howmet Aerospace Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 01/15/29 (Call 11/15/28) | 340 | 296650 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/24 (Call 07/01/24) | 520 | 517400 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.90%, 02/01/27<sup>(a)</sup> | 294 | 299145 |
| &nbsp;&nbsp;&nbsp;5.95%, 02/01/37 | 292 | 294745 |
| &nbsp;&nbsp;&nbsp;6.75%, 01/15/28 | 145 | 152141 |
| &nbsp;&nbsp;&nbsp;6.88%, 05/01/25 (Call 04/01/25) | 305 | 314129 |
| Moog Inc., 4.25%, 12/15/27 (Call 12/15/23)<sup>(a)(b)</sup> | 250 | 231875 |
| Rolls-Royce PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/14/25 (Call 07/14/25)<sup>(b)</sup> | 465 | 431287 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/15/27 (Call 07/15/27)<sup>(b)</sup> | 485 | 471662 |
| Spirit AeroSystems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.85%, 06/15/26 (Call 03/15/26) | 145 | 136299 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 11/30/29 (Call 11/30/25)<sup>(b)</sup> | 460 | 499914 |
|  |  | 3645247 |
| **Agriculture — 0.4%** |  |  |
| Darling Ingredients Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 257 | 250639 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 480 | 477600 |
| Turning Point Brands Inc., 5.63%, 02/15/26 (Call 02/15/23)<sup>(a)(b)</sup> | 110 | 99668 |
| Vector Group Ltd., 5.75%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 420 | 366236 |
|  |  | 1194143 |
| **Airlines — 2.6%** |  |  |
| Air Canada, 3.88%, 08/15/26 (Call 02/15/26)<sup>(b)</sup> | 575 | 531873 |
| Allegiant Travel Co., 7.25%, 08/15/27 (Call 08/15/24)<sup>(b)</sup> | 275 | 268844 |
| American Airlines Inc./AAdvantage Loyalty IP Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/20/26<sup>(b)</sup> | 1700 | 1666552 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/20/29<sup>(b)</sup> | 1460 | 1412144 |
| Delta Air Lines Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 10/28/24 (Call 09/28/24) | 440 | 419707 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/28/29 (Call 07/28/29)<sup>(a)</sup> | 220 | 194678 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/19/28 (Call 01/19/28)<sup>(a)</sup> | 210 | 195151 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 01/15/26 (Call 12/15/25)<sup>(a)</sup> | 415 | 431950 |
| Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd., 8.00%, 09/20/25 (Call 09/20/23)<sup>(b)</sup> | 549 | 561703 |
| United Airlines Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/26 (Call 10/15/25)<sup>(b)</sup> | 960 | 911362 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 04/15/29 (Call 10/15/25)<sup>(b)</sup> | 980 | 893868 |
|  |  | 7487832 |
| **Apparel — 0.6%** |  |  |
| Hanesbrands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/24 (Call 02/15/24)<sup>(b)</sup> | 440 | 432331 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/26 (Call 02/15/26)<sup>(a)(b)</sup> | 420 | 391125 |
| Kontoor Brands Inc., 4.13%, 11/15/29 (Call 11/15/24)<sup>(a)(b)</sup> | 210 | 181644 |
| Levi Strauss & Co., 3.50%, 03/01/31 (Call 03/01/26)<sup>(a)(b)</sup> | 250 | 208750 |
| Under Armour Inc., 3.25%, 06/15/26 (Call 03/15/26) | 305 | 276989 |
| William Carter Co. (The), 5.63%, 03/15/27 (Call 03/15/23)<sup>(a)(b)</sup> | 275 | 267536 |
|  |  | 1758375 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Auto Manufacturers — 2.3%** |  |  |
| Allison Transmission Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/30/31 (Call 01/30/26)<sup>(b)</sup> | $470 | $397446 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 10/01/27 (Call 10/01/23)<sup>(b)</sup> | 205 | 194385 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 240 | 231065 |
| Ford Holdings LLC, 9.30%, 03/01/30 | 40 | 45900 |
| Ford Motor Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 02/12/32 (Call 11/12/31) | 400 | 317467 |
| &nbsp;&nbsp;&nbsp;4.35%, 12/08/26 (Call 09/08/26) | 235 | 228681 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/15/43 | 285 | 222475 |
| &nbsp;&nbsp;&nbsp;5.29%, 12/08/46 (Call 06/08/46) | 195 | 160822 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.10%, 08/19/32 (Call 05/19/32)<sup>(a)</sup> | 275 | 269845 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 10/01/28<sup>(a)</sup> | 80 | 83326 |
| &nbsp;&nbsp;&nbsp;7.40%, 11/01/46 | 75 | 77378 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.45%, 07/16/31<sup>(a)</sup> | 205 | 219894 |
| &nbsp;&nbsp;&nbsp;9.63%, 04/22/30 (Call 01/22/30) | 80 | 94168 |
| Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;2.30%, 02/10/25 (Call 01/10/25) | 110 | 101999 |
| &nbsp;&nbsp;&nbsp;2.70%, 08/10/26 (Call 07/10/26) | 325 | 290062 |
| &nbsp;&nbsp;&nbsp;2.90%, 02/10/29 (Call 12/10/28) | 200 | 166832 |
| &nbsp;&nbsp;&nbsp;3.38%, 11/13/25 (Call 10/13/25) | 345 | 321281 |
| &nbsp;&nbsp;&nbsp;3.63%, 06/17/31 (Call 03/17/31) | 125 | 103970 |
| &nbsp;&nbsp;&nbsp;3.66%, 09/08/24 | 200 | 192508 |
| &nbsp;&nbsp;&nbsp;3.82%, 11/02/27 (Call 08/02/27) | 200 | 180500 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/13/30 (Call 08/13/30)<sup>(a)</sup> | 235 | 205188 |
| &nbsp;&nbsp;&nbsp;4.06%, 11/01/24 (Call 10/01/24) | 300 | 290547 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/04/25 | 200 | 190994 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/17/27 (Call 06/17/27) | 200 | 184456 |
| &nbsp;&nbsp;&nbsp;4.27%, 01/09/27 (Call 11/09/26) | 200 | 186917 |
| &nbsp;&nbsp;&nbsp;4.69%, 06/09/25 (Call 04/09/25) | 200 | 194240 |
| &nbsp;&nbsp;&nbsp;4.95%, 05/28/27 (Call 04/28/27) | 235 | 224253 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.11%, 05/03/29 (Call 02/03/29)<sup>(a)</sup> | 210 | 199019 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/16/25 (Call 05/16/25) | 250 | 245717 |
| &nbsp;&nbsp;&nbsp;6.95%, 03/06/26 | 300 | 306774 |
| &nbsp;&nbsp;&nbsp;7.35%, 11/04/27 (Call 10/04/27) | 325 | 340844 |
|  |  | 6468953 |
| **Auto Parts & Equipment — 0.8%** |  |  |
| Dana Financing Luxembourg Sarl, 5.75%, 04/15/25 (Call 04/15/23)<sup>(a)(b)</sup> | 205 | 202950 |
| Dana Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 09/01/30 (Call 05/01/26) | 179 | 151488 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/15/32 (Call 02/15/27) | 165 | 139179 |
| &nbsp;&nbsp;&nbsp;5.38%, 11/15/27 (Call 11/15/23) | 202 | 191944 |
| &nbsp;&nbsp;&nbsp;5.63%, 06/15/28 (Call 06/15/23) | 205 | 193089 |
| Goodyear Tire & Rubber Co. (The), 5.00%, 07/15/29 (Call 04/15/29)<sup>(a)</sup> | 404 | 355896 |
| IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/15/26 (Call 09/15/23), (5.50% PIK)<sup>(a)(b)(c)</sup> | 250 | 228670 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/15/27 (Call 05/15/23), (6.75% PIK)<sup>(b)(c)</sup> | 210 | 195052 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 05/15/29 (Call 05/15/24), (7.13% PIK)<sup>(b)(c)</sup> | 180 | 157491 |
| ZF North America Capital Inc., 4.75%, 04/29/25<sup>(b)</sup> | 505 | 487052 |
|  |  | 2302811 |
| **Banks — 1.8%** |  |  |
| Dresdner Funding Trust I, 8.15%, 06/30/31 (Call 06/30/29)<sup>(b)</sup> | 465 | 502200 |
| Intesa Sanpaolo SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.20%, 06/01/32 (Call 06/01/31)<sup>(a)(b)(d)</sup> | 365 | 290416 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 06/01/42 (Call 06/01/41)<sup>(b)(d)</sup> | 345 | 249694 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.02%, 06/26/24<sup>(b)</sup> | 970 | 946333 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.71%, 01/15/26<sup>(b)</sup> | 740 | 727169 |
| Pacific Western Bank, 3.25%, 05/01/31 (Call 05/01/26), (3 mo. SOFR + 2.520%)<sup>(d)</sup> | 225 | 212040 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Banks (continued)** |  |  |
| Standard Chartered PLC, 7.01%, (Call 07/30/37), (3 mo. LIBOR US + 1.460%)<sup>(a)(b)(d)(e)</sup> | $365 | $365959 |
| Synovus Financial Corp., 5.90%, 02/07/29 (Call 02/07/24)<sup>(a)(d)</sup> | 148 | 146590 |
| Texas Capital Bancshares Inc., 4.00%, 05/06/31 (Call 05/06/26)<sup>(d)</sup> | 190 | 172979 |
| UniCredit SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.46%, 06/30/35 (Call 06/30/30)<sup>(b)(d)</sup> | 720 | 629901 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.86%, 06/19/32 (Call 06/19/27)<sup>(b)(d)</sup> | 485 | 450850 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.30%, 04/02/34 (Call 04/02/29)<sup>(b)(d)</sup> | 615 | 597943 |
|  |  | 5292074 |
| **Building Materials — 1.6%** |  |  |
| Boise Cascade Co., 4.88%, 07/01/30 (Call 07/01/25)<sup>(a)(b)</sup> | 205 | 184357 |
| Builders FirstSource Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/32 (Call 08/01/26)<sup>(a)(b)</sup> | 615 | 529052 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 275 | 256409 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/32 (Call 06/15/27)<sup>(a)(b)</sup> | 340 | 332870 |
| James Hardie International Finance DAC, 5.00%, 01/15/28 (Call 01/15/24)<sup>(a)(b)</sup> | 210 | 199390 |
| Jeld-Wen Inc., 6.25%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 125 | 119756 |
| Louisiana-Pacific Corp., 3.63%, 03/15/29 (Call 03/15/24)<sup>(a)(b)</sup> | 180 | 155821 |
| Masonite International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/30 (Call 08/15/29)<sup>(b)</sup> | 185 | 152704 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 235 | 219965 |
| Standard Industries Inc./NJ |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/15/31 (Call 07/15/25)<sup>(b)</sup> | 545 | 432849 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 07/15/30 (Call 07/15/25)<sup>(b)</sup> | 780 | 666799 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 480 | 449832 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 410 | 388531 |
| Summit Materials LLC/Summit Materials Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/15/29 (Call 07/15/23)<sup>(b)</sup> | 335 | 314562 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/15/27 (Call 03/15/23)<sup>(a)(b)</sup> | 160 | 159506 |
|  |  | 4562403 |
| **Chemicals — 2.5%** |  |  |
| Ashland LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 09/01/31 (Call 06/01/31)<sup>(b)</sup> | 210 | 174300 |
| &nbsp;&nbsp;&nbsp;6.88%, 05/15/43 (Call 02/15/43) | 148 | 147634 |
| Avient Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 330 | 326586 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 08/01/30 (Call 08/01/25)<sup>(a)(b)</sup> | 350 | 352607 |
| Chemours Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(b)</sup> | 315 | 263189 |
| &nbsp;&nbsp;&nbsp;5.38%, 05/15/27 (Call 02/15/27) | 239 | 220952 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 11/15/28 (Call 11/15/23)<sup>(b)</sup> | 380 | 346275 |
| Element Solutions Inc., 3.88%, 09/01/28 (Call 09/01/23)<sup>(a)(b)</sup> | 385 | 340725 |
| HB Fuller Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 02/15/27 (Call 11/15/26) | 125 | 115597 |
| &nbsp;&nbsp;&nbsp;4.25%, 10/15/28 (Call 10/15/23) | 145 | 128325 |
| INEOS Quattro Finance 2 PLC., 3.38%, 01/15/26 (Call 01/15/24)<sup>(a)(b)</sup> | 215 | 197336 |
| Ingevity Corp., 3.88%, 11/01/28 (Call 11/01/23)<sup>(a)(b)</sup> | 275 | 241034 |
| Methanex Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 12/01/24 (Call 09/01/24) | 145 | 139860 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/15/27 (Call 04/15/27) | 340 | 323850 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/15/29 (Call 09/15/29) | 340 | 312633 |
| &nbsp;&nbsp;&nbsp;5.65%, 12/01/44 (Call 06/01/44) | 145 | 119171 |
| Minerals Technologies Inc., 5.00%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 210 | 192045 |
| NOVA Chemicals Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/15/29 (Call 05/15/24)<sup>(a)(b)</sup> | 281 | 240949 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/24 (Call 03/03/24)<sup>(b)</sup> | 510 | 502350 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Chemicals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/01/25 (Call 01/31/25)<sup>(b)</sup> | $239 | $229836 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/01/27 (Call 03/03/27)<sup>(b)</sup> | 510 | 474341 |
| Nufarm Australia Ltd./Nufarm Americas Inc., 5.00%, 01/27/30 (Call 01/27/25)<sup>(b)</sup> | 180 | 163317 |
| Olin Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/30 (Call 02/01/24)<sup>(a)</sup> | 245 | 231574 |
| &nbsp;&nbsp;&nbsp;5.13%, 09/15/27 (Call 03/15/23) | 240 | 232819 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/01/29 (Call 08/01/24)<sup>(a)</sup> | 320 | 311404 |
| SPCM SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 03/15/27 (Call 03/15/24)<sup>(b)</sup> | 175 | 154065 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 03/15/30 (Call 03/15/25)<sup>(b)</sup> | 180 | 152370 |
| WR Grace Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/27 (Call 06/15/23)<sup>(b)</sup> | 340 | 315452 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/01/24<sup>(a)(b)</sup> | 160 | 159200 |
|  |  | 7109796 |
| **Coal — 0.1%** |  |  |
| SunCoke Energy Inc., 4.88%, 06/30/29 (Call 06/30/24)<sup>(b)</sup> | 240 | 211200 |
| Warrior Met Coal Inc., 7.88%, 12/01/28 (Call 12/01/24)<sup>(a)(b)</sup> | 165 | 162525 |
|  |  | 373725 |
| **Commercial Services — 4.0%** |  |  |
| ADT Security Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/29 (Call 08/01/28)<sup>(b)</sup> | 480 | 427320 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/32<sup>(b)</sup> | 356 | 317680 |
| Albion Financing 1 SARL/Aggreko Holdings Inc., 6.13%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 300 | 269168 |
| AMN Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 165 | 143126 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/01/27 (Call 10/01/23)<sup>(a)(b)</sup> | 240 | 222619 |
| ASGN Inc., 4.63%, 05/15/28 (Call 05/15/23)<sup>(a)(b)</sup> | 275 | 250884 |
| Autopistas Metropolitanas de Puerto Rico LLC, 6.75%, 06/30/35<sup>(b)</sup> | 198 | 189019 |
| Block Inc. |  |  |
| &nbsp;&nbsp;&nbsp;2.75%, 06/01/26 (Call 05/01/26) | 480 | 436243 |
| &nbsp;&nbsp;&nbsp;3.50%, 06/01/31 (Call 03/01/31) | 480 | 400808 |
| Brink's Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 285 | 265901 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/15/25 (Call 06/18/23)<sup>(b)</sup> | 205 | 201976 |
| CoreCivic Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 10/15/27 (Call 07/15/27) | 130 | 113654 |
| &nbsp;&nbsp;&nbsp;8.25%, 04/15/26 (Call 04/15/24) | 295 | 301618 |
| Gartner Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 300 | 269400 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 405 | 358931 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 405 | 384746 |
| Graham Holdings Co., 5.75%, 06/01/26 (Call 06/01/23)<sup>(b)</sup> | 205 | 202438 |
| Grand Canyon University |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 10/01/24 | 240 | 228134 |
| &nbsp;&nbsp;&nbsp;5.13%, 10/01/28 (Call 08/01/28) | 175 | 165653 |
| Korn Ferry, 4.63%, 12/15/27 (Call 12/15/23)<sup>(a)(b)</sup> | 210 | 197400 |
| Prime Security Services Borrower LLC/Prime Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 08/31/27 (Call 08/31/26)<sup>(b)</sup> | 485 | 430365 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/15/24<sup>(b)</sup> | 375 | 371133 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/26<sup>(b)</sup> | 650 | 637026 |
| Ritchie Bros. Auctioneers Inc., 5.38%, 01/15/25 (Call 03/03/23)<sup>(b)</sup> | 200 | 197537 |
| Service Corp. International/U.S. |  |  |
| &nbsp;&nbsp;&nbsp;3.38%, 08/15/30 (Call 08/15/25) | 410 | 344539 |
| &nbsp;&nbsp;&nbsp;4.00%, 05/15/31 (Call 05/15/26) | 380 | 332302 |
| &nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 12/15/23) | 265 | 251935 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/01/29 (Call 06/01/24) | 370 | 354314 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Commercial Services (continued)** |  |  |
| Shift4 Payments LLC/Shift4 Payments Finance Sub Inc., 4.63%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | $230 | $217819 |
| TriNet Group Inc., 3.50%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 250 | 209933 |
| United Rentals North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.75%, 01/15/32 (Call 07/15/26) | 345 | 298315 |
| &nbsp;&nbsp;&nbsp;3.88%, 11/15/27 (Call 03/03/23) | 378 | 359100 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 08/15/25)<sup>(a)</sup> | 520 | 457635 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/30 (Call 07/15/25)<sup>(a)</sup> | 370 | 333052 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/28 (Call 01/15/24)<sup>(a)</sup> | 825 | 799062 |
| &nbsp;&nbsp;&nbsp;5.25%, 01/15/30 (Call 01/15/25) | 370 | 357975 |
| &nbsp;&nbsp;&nbsp;5.50%, 05/15/27 (Call 05/15/23) | 240 | 238500 |
|  |  | 11537260 |
| **Computers — 1.2%** |  |  |
| Crowdstrike Holdings Inc., 3.00%, 02/15/29 (Call 02/15/24)<sup>(a)</sup> | 345 | 296037 |
| KBR Inc., 4.75%, 09/30/28 (Call 09/21/23)<sup>(b)</sup> | 120 | 108341 |
| Seagate HDD Cayman |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.09%, 06/01/29 (Call 03/01/29)<sup>(a)</sup> | 240 | 212706 |
| &nbsp;&nbsp;&nbsp;4.13%, 01/15/31 (Call 10/15/30) | 150 | 125993 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/01/25 | 230 | 224874 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/01/27 (Call 03/01/27)<sup>(a)</sup> | 245 | 237520 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/01/34 (Call 06/01/34) | 253 | 232128 |
| &nbsp;&nbsp;&nbsp;9.63%, 12/01/32 | 320 | 362462 |
| Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 5.75%, 06/01/25 (Call 06/01/23)<sup>(a)(b)</sup> | 75 | 75713 |
| Unisys Corp., 6.88%, 11/01/27 (Call 11/01/23)<sup>(b)</sup> | 230 | 174225 |
| Western Digital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.85%, 02/01/29 (Call 12/01/28) | 240 | 195619 |
| &nbsp;&nbsp;&nbsp;3.10%, 02/01/32 (Call 11/01/31) | 235 | 180006 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/26 (Call 11/15/25) | 1115 | 1077369 |
|  |  | 3502993 |
| **Cosmetics & Personal Care — 0.4%** |  |  |
| Coty Inc., 5.00%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 435 | 416512 |
| Coty Inc./HFC Prestige Products Inc./HFC Prestige International U.S. LLC, 4.75%, 01/15/29 (Call 01/15/25)<sup>(b)</sup> | 235 | 213263 |
| Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 240 | 209100 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/01/28 (Call 06/01/23)<sup>(b)</sup> | 370 | 350394 |
|  |  | 1189269 |
| **Distribution & Wholesale — 0.2%** |  |  |
| American Builders & Contractors Supply Co. Inc., 4.00%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 330 | 300653 |
| Resideo Funding Inc., 4.00%, 09/01/29 (Call 09/01/24)<sup>(a)(b)</sup> | 150 | 124400 |
| Univar Solutions USA Inc., 5.13%, 12/01/27 (Call 12/01/23)<sup>(a)(b)</sup> | 235 | 227228 |
|  |  | 652281 |
| **Diversified Financial Services — 4.8%** |  |  |
| AerCap Holdings NV, 5.88%, 10/10/79 (Call 10/10/24)<sup>(d)</sup> | 365 | 349590 |
| Ally Financial Inc., 5.75%, 11/20/25 (Call 10/20/25)<sup>(a)</sup> | 540 | 536681 |
| Brightsphere Investment Group Inc., 4.80%, 07/27/26 | 120 | 110700 |
| Credit Acceptance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/31/24 (Call 12/31/23)<sup>(b)</sup> | 195 | 182106 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 03/15/26 (Call 03/15/23)<sup>(a)</sup> | 209 | 191235 |
| Enact Holdings Inc., 6.50%, 08/15/25 (Call 02/15/25)<sup>(b)</sup> | 345 | 339825 |
| goeasy Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/01/26 (Call 04/27/23)<sup>(b)</sup> | 180 | 160637 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/01/24 (Call 12/01/23)<sup>(b)</sup> | 280 | 268010 |
| Jane Street Group/JSG Finance Inc., 4.50%, 11/15/29 (Call 11/15/24)<sup>(a)(b)</sup> | 370 | 330310 |
| Jefferies Finance LLC/JFIN Co-Issuer Corp., 5.00%, 08/15/28 (Call 08/15/24)<sup>(b)</sup> | 470 | 398628 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Diversified Financial Services (continued)** |  |  |
| Jefferson Capital Holdings LLC, 6.00%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | $150 | $124833 |
| LPL Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 440 | 393800 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/15/31 (Call 05/15/26)<sup>(b)</sup> | 175 | 153232 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 11/15/23)<sup>(b)</sup> | 180 | 171295 |
| Midcap Financial Issuer Trust |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 180 | 145350 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 490 | 431200 |
| Navient Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.88%, 03/15/28 (Call 06/15/27) | 241 | 212974 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/15/27 (Call 09/15/26) | 340 | 310278 |
| &nbsp;&nbsp;&nbsp;5.50%, 03/15/29 (Call 06/15/28) | 355 | 314175 |
| &nbsp;&nbsp;&nbsp;5.63%, 08/01/33 | 300 | 232532 |
| &nbsp;&nbsp;&nbsp;5.88%, 10/25/24 | 240 | 237370 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/25/24 | 408 | 407041 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/25/25 | 240 | 239446 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/15/26 | 235 | 231496 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 01/15/27 (Call 01/15/24) | 370 | 321795 |
| &nbsp;&nbsp;&nbsp;3.88%, 09/15/28 (Call 09/15/24) | 305 | 256200 |
| &nbsp;&nbsp;&nbsp;4.00%, 09/15/30 (Call 09/15/25) | 405 | 322963 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 11/15/29 (Call 05/15/29)<sup>(a)</sup> | 365 | 319594 |
| &nbsp;&nbsp;&nbsp;6.13%, 03/15/24 (Call 09/15/23) | 565 | 560181 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 01/15/28 (Call 07/15/27)<sup>(a)</sup> | 370 | 360480 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/25 | 610 | 608085 |
| &nbsp;&nbsp;&nbsp;7.13%, 03/15/26 | 778 | 772908 |
| PRA Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/29 (Call 10/01/24)<sup>(a)(b)</sup> | 175 | 150209 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/01/25 (Call 03/03/23)<sup>(b)</sup> | 160 | 158654 |
| &nbsp;&nbsp;&nbsp;8.38%, 02/01/28 | 195 | 195989 |
| Rocket Mortgage LLC/Rocket Mortgage Co-Issuer Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 550 | 490361 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/01/29 (Call 03/09/23)<sup>(a)(b)</sup> | 370 | 312165 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/01/31 (Call 03/01/26)<sup>(b)</sup> | 610 | 496827 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 10/15/33 (Call 10/15/27)<sup>(b)</sup> | 410 | 325146 |
| SLM Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 11/02/26 (Call 10/02/26)<sup>(a)</sup> | 265 | 234048 |
| &nbsp;&nbsp;&nbsp;4.20%, 10/29/25 (Call 09/29/25) | 255 | 237800 |
| StoneX Group Inc., 8.63%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 175 | 175875 |
| Synchrony Financial, 7.25%, 02/02/33 | 250 | 250320 |
| United Wholesale Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 11/15/25 (Call 11/15/23)<sup>(b)</sup> | 380 | 355430 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 04/15/29 (Call 03/30/24)<sup>(a)(b)</sup> | 340 | 292349 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | 240 | 215454 |
|  |  | 13885577 |
| **Electric — 4.5%** |  |  |
| Algonquin Power & Utilities Corp., 4.75%, 01/18/82 (Call 01/18/27)<sup>(d)</sup> | 345 | 291525 |
| Atlantica Sustainable Infrastructure PLC, 4.13%, 06/15/28 (Call 06/15/25)<sup>(b)</sup> | 210 | 186900 |
| Calpine Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/01/31 (Call 03/01/26)<sup>(a)(b)</sup> | 440 | 366809 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/28 (Call 02/15/23)<sup>(a)(b)</sup> | 610 | 562884 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/01/26 (Call 06/01/23)<sup>(b)</sup> | 193 | 186666 |
| Clearway Energy Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 455 | 384398 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 01/15/32 (Call 01/15/27)<sup>(b)</sup> | 149 | 122831 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/15/28 (Call 03/15/23)<sup>(a)(b)</sup> | 410 | 386712 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electric (continued)** |  |  |
| DPL Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 07/01/25 (Call 04/01/25) | $210 | $199944 |
| &nbsp;&nbsp;&nbsp;4.35%, 04/15/29 (Call 01/15/29) | 198 | 180850 |
| Drax Finco PLC, 6.63%, 11/01/25 (Call 05/01/23)<sup>(b)</sup> | 220 | 214500 |
| Emera Inc., Series 16-A, 6.75%, 06/15/76 (Call 06/15/26)<sup>(d)</sup> | 575 | 564727 |
| FirstEnergy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.05%, 03/01/25 (Call 02/01/25) | 145 | 135883 |
| &nbsp;&nbsp;&nbsp;2.65%, 03/01/30 (Call 12/01/29) | 300 | 256332 |
| &nbsp;&nbsp;&nbsp;Series A, 1.60%, 01/15/26 (Call 12/15/25) | 155 | 139129 |
| &nbsp;&nbsp;&nbsp;Series B, 2.25%, 09/01/30 (Call 06/01/30) | 235 | 193008 |
| &nbsp;&nbsp;&nbsp;Series B, 4.15%, 07/15/27 (Call 04/15/27) | 715 | 683290 |
| &nbsp;&nbsp;&nbsp;Series C, 3.40%, 03/01/50 (Call 09/01/49) | 410 | 291268 |
| &nbsp;&nbsp;&nbsp;Series C, 5.10%, 07/15/47 (Call 01/15/47) | 304 | 280440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Series C, 7.38%, 11/15/31<sup>(a)</sup> | 313 | 361515 |
| Leeward Renewable Energy Operations LLC, 4.25%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 190 | 166954 |
| NextEra Energy Operating Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/15/26 (Call 07/15/26)<sup>(b)</sup> | 255 | 236514 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/15/24 (Call 04/15/24)<sup>(b)</sup> | 340 | 332065 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/27 (Call 06/15/27)<sup>(b)</sup> | 274 | 257894 |
| NRG Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 240 | 198416 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 500 | 396050 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/32 (Call 02/15/27)<sup>(b)</sup> | 545 | 424229 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 360 | 324900 |
| &nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 01/15/24) | 390 | 373735 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 01/15/27 (Call 07/15/23)<sup>(a)</sup> | 157 | 156284 |
| Pattern Energy Operations LP/Pattern Energy Operations Inc., 4.50%, 08/15/28 (Call 08/15/23)<sup>(a)(b)</sup> | 330 | 302775 |
| PG&E Corp. |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 07/01/28 (Call 07/01/23) | 480 | 449784 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/01/30 (Call 06/15/25)<sup>(a)</sup> | 480 | 441600 |
| Terraform Global Operating LP, 6.13%, 03/01/26 (Call 03/01/23)<sup>(b)</sup> | 180 | 170550 |
| TransAlta Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 03/15/40 | 160 | 153286 |
| &nbsp;&nbsp;&nbsp;7.75%, 11/15/29 (Call 11/15/25) | 205 | 210802 |
| Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 590 | 518812 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/31/27 (Call 07/31/23)<sup>(b)</sup> | 640 | 602291 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/01/26 (Call 09/01/23)<sup>(a)(b)</sup> | 480 | 467493 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/27 (Call 02/15/23)<sup>(b)</sup> | 640 | 618068 |
|  |  | 12792113 |
| **Electrical Components & Equipment — 0.5%** |  |  |
| EnerSys, 4.38%, 12/15/27 (Call 09/15/27)<sup>(b)</sup> | 151 | 139486 |
| WESCO Distribution Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 06/15/25 (Call 06/15/23)<sup>(b)</sup> | 725 | 736600 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 655 | 671163 |
|  |  | 1547249 |
| **Electronics — 1.0%** |  |  |
| Atkore Inc., 4.25%, 06/01/31 (Call 06/01/26)<sup>(b)</sup> | 200 | 175490 |
| Imola Merger Corp., 4.75%, 05/15/29 (Call 05/15/24)<sup>(a)(b)</sup> | 960 | 835200 |
| Sensata Technologies BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 03/18/24)<sup>(b)</sup> | 480 | 430800 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/01/25<sup>(b)</sup> | 345 | 341203 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/01/24<sup>(b)</sup> | 190 | 190044 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/01/30 (Call 09/01/25)<sup>(a)(b)</sup> | 265 | 260031 |
| Sensata Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(a)(b)</sup> | 395 | 335295 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/15/30 (Call 11/15/29)<sup>(b)</sup> | 229 | 207305 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Electronics (continued)** |  |  |
| TTM Technologies Inc., 4.00%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | $255 | $222806 |
|  |  | 2998174 |
| **Energy - Alternate Sources — 0.3%** |  |  |
| TerraForm Power Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/30 (Call 01/15/25)<sup>(b)</sup> | 340 | 305994 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/31/28 (Call 07/31/27)<sup>(b)</sup> | 340 | 319370 |
| Topaz Solar Farms LLC, 5.75%, 09/30/39<sup>(b)</sup> | 288 | 276246 |
|  |  | 901610 |
| **Engineering & Construction — 0.8%** |  |  |
| AECOM, 5.13%, 03/15/27 (Call 12/15/26) | 485 | 476561 |
| Arcosa Inc., 4.38%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 200 | 178857 |
| ATP Tower Holdings LLC/Andean Tower Partners Colombia SAS/Andean Telecom Par, 4.05%, 04/27/26 (Call 04/27/23)<sup>(b)</sup> | 180 | 163800 |
| Cellnex Finance Co. SA, 3.88%, 07/07/41 (Call 04/07/41)<sup>(b)</sup> | 285 | 210375 |
| Dycom Industries Inc., 4.50%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 255 | 228289 |
| Fluor Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 12/15/24 (Call 09/15/24) | 180 | 174111 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 09/15/28 (Call 06/15/28)<sup>(a)</sup> | 275 | 256466 |
| TopBuild Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 200 | 170470 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/32 (Call 10/15/26)<sup>(a)(b)</sup> | 235 | 199376 |
| Weekley Homes LLC/Weekley Finance Corp., 4.88%, 09/15/28 (Call 09/15/23)<sup>(a)(b)</sup> | 210 | 182753 |
|  |  | 2241058 |
| **Entertainment — 1.4%** |  |  |
| Cedar Fair LP/Canada's Wonderland Co./Magnum Management Corp./Millennium Op, 5.50%, 05/01/25 (Call 05/01/23)<sup>(b)</sup> | 485 | 481468 |
| Cinemark USA Inc., 8.75%, 05/01/25 (Call 05/01/23)<sup>(a)(b)</sup> | 135 | 137491 |
| International Game Technology PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/15/26 (Call 04/15/23)<sup>(b)</sup> | 365 | 345846 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 365 | 350290 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/15/27 (Call 07/15/26)<sup>(b)</sup> | 365 | 365000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/25 (Call 08/15/24)<sup>(b)</sup> | 340 | 343563 |
| Raptor Acquisition Corp./Raptor Co-Issuer LLC, 4.88%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 185 | 172050 |
| Resorts World Las Vegas LLC, 4.63%, 04/06/31 (Call 01/06/31)<sup>(b)</sup> | 180 | 139128 |
| Resorts World Las Vegas LLC/RWLV Capital Inc., 4.63%, 04/16/29 (Call 01/16/29)<sup>(b)</sup> | 470 | 384344 |
| Six Flags Theme Parks Inc., 7.00%, 07/01/25 (Call 07/01/23)<sup>(a)(b)</sup> | 133 | 134451 |
| Vail Resorts Inc., 6.25%, 05/15/25 (Call 03/03/23)<sup>(b)</sup> | 305 | 306459 |
| WMG Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 405 | 335879 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 260 | 227563 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/15/30 (Call 07/15/25)<sup>(b)</sup> | 260 | 229190 |
|  |  | 3952722 |
| **Environmental Control — 0.7%** |  |  |
| Clean Harbors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 07/15/27 (Call 07/15/23)<sup>(a)(b)</sup> | 285 | 274962 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/15/29 (Call 07/15/24)<sup>(a)(b)</sup> | 155 | 148831 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | 40 | 40748 |
| GFL Environmental Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 09/01/28 (Call 03/01/28)<sup>(a)(b)</sup> | 380 | 338835 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 08/01/25 (Call 08/01/23)<sup>(b)</sup> | 380 | 361095 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/25 (Call 06/01/23)<sup>(a)(b)</sup> | 200 | 192871 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/26 (Call 12/15/23)<sup>(b)</sup> | 250 | 243188 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Environmental Control (continued)** |  |  |
| Stericycle Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/29 (Call 11/15/23)<sup>(b)</sup> | $235 | $208506 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 07/15/24 (Call 06/07/23)<sup>(b)</sup> | 305 | 302063 |
|  |  | 2111099 |
| **Food — 1.9%** |  |  |
| Albertsons Companies Inc./Safeway Inc./New |  |  |
| Albertsons LP/Albertsons LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 03/15/26 (Call 09/15/23)<sup>(b)</sup> | 365 | 337610 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/29 (Call 09/15/23)<sup>(b)</sup> | 645 | 556313 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/15/27 (Call 01/15/24)<sup>(b)</sup> | 645 | 611492 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 485 | 446121 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/15/28 (Call 08/15/23)<sup>(b)</sup> | 380 | 371450 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 305 | 312758 |
| Ingles Markets Inc., 4.00%, 06/15/31 (Call 06/15/26)<sup>(b)</sup> | 185 | 159401 |
| Lamb Weston Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 01/31/30 (Call 01/31/25)<sup>(b)</sup> | 465 | 419081 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/31/32 (Call 01/31/27)<sup>(b)</sup> | 340 | 304494 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/15/28 (Call 11/15/27)<sup>(b)</sup> | 236 | 228252 |
| Pilgrim's Pride Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/32 (Call 09/01/26)<sup>(b)</sup> | 470 | 383003 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 04/15/31 (Call 04/15/26)<sup>(b)</sup> | 510 | 442425 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/30/27 (Call 09/30/23)<sup>(b)</sup> | 415 | 411800 |
| U.S. Foods Inc., 6.25%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 490 | 490887 |
|  |  | 5475087 |
| **Forest Products & Paper — 0.3%** |  |  |
| Clearwater Paper Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 125 | 111071 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/25<sup>(a)(b)</sup> | 143 | 138696 |
| Domtar Corp., 6.75%, 10/01/28 (Call 10/01/24)<sup>(b)</sup> | 300 | 275679 |
| Sylvamo Corp., 7.00%, 09/01/29 (Call 09/01/24)<sup>(a)(b)</sup> | 210 | 200794 |
|  |  | 726240 |
| **Health Care - Products — 0.7%** |  |  |
| Avantor Funding Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/01/29 (Call 11/01/24)<sup>(a)(b)</sup> | 380 | 334043 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 750 | 706943 |
| Hologic Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 02/15/29 (Call 09/28/23)<sup>(b)</sup> | 445 | 391515 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 200 | 190592 |
| Teleflex Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 06/01/28 (Call 06/01/23)<sup>(b)</sup> | 240 | 221388 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/27 (Call 11/15/23)<sup>(a)</sup> | 250 | 238678 |
|  |  | 2083159 |
| **Health Care - Services — 2.9%** |  |  |
| Charles River Laboratories International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 240 | 213764 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/31 (Call 03/15/26)<sup>(a)(b)</sup> | 240 | 211738 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 240 | 222079 |
| IQVIA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 510 | 497250 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/15/27 (Call 05/15/23)<sup>(b)</sup> | 520 | 504613 |
| Molina Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/30 (Call 08/17/30)<sup>(a)(b)</sup> | 333 | 286423 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/15/32 (Call 02/15/32)<sup>(b)</sup> | 370 | 310201 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 405 | 374038 |
| Pediatrix Medical Group Inc., 5.38%, 02/15/30 (Call 02/15/25)<sup>(a)(b)</sup> | 180 | 159300 |
| Tenet Healthcare Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 06/01/29 | 930 | 828077 |
| &nbsp;&nbsp;&nbsp;4.38%, 01/15/30 (Call 12/01/24) | 970 | 862262 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Health Care - Services (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;4.63%, 07/15/24 (Call 03/03/23) | $300 | $295875 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/15/28<sup>(a)</sup> | 410 | 380234 |
| &nbsp;&nbsp;&nbsp;4.88%, 01/01/26 (Call 03/01/23) | 1375 | 1339209 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 11/01/27<sup>(a)</sup> | 990 | 952875 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 1051 | 1020216 |
|  |  | 8458154 |
| **Holding Companies - Diversified — 0.9%** |  |  |
| Icahn Enterprises LP/Icahn Enterprises Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 02/01/29 (Call 08/01/28) | 370 | 322201 |
| &nbsp;&nbsp;&nbsp;4.75%, 09/15/24 (Call 06/15/24) | 540 | 527175 |
| &nbsp;&nbsp;&nbsp;5.25%, 05/15/27 (Call 11/15/26) | 690 | 642455 |
| &nbsp;&nbsp;&nbsp;6.25%, 05/15/26 (Call 05/15/23) | 610 | 601768 |
| &nbsp;&nbsp;&nbsp;6.38%, 12/15/25 (Call 03/03/23) | 365 | 361810 |
| Stena International SA, 6.13%, 02/01/25 (Call 02/01/23)<sup>(b)</sup> | 200 | 189119 |
|  |  | 2644528 |
| **Home Builders — 1.6%** |  |  |
| Century Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/29 (Call 02/15/29)<sup>(a)(b)</sup> | 240 | 201757 |
| &nbsp;&nbsp;&nbsp;6.75%, 06/01/27 (Call 06/01/23) | 235 | 231739 |
| Forestar Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 200 | 178219 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 03/01/28 (Call 03/01/23)<sup>(b)</sup> | 145 | 126513 |
| KB Home |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 06/15/31 (Call 12/15/30) | 172 | 143420 |
| &nbsp;&nbsp;&nbsp;4.80%, 11/15/29 (Call 05/15/29) | 153 | 137307 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 06/15/27 (Call 12/15/26)<sup>(a)</sup> | 145 | 147900 |
| &nbsp;&nbsp;&nbsp;7.25%, 07/15/30 (Call 07/15/25) | 164 | 163743 |
| LGI Homes Inc., 4.00%, 07/15/29 (Call 01/15/29)<sup>(a)(b)</sup> | 150 | 121500 |
| M/I Homes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 02/15/30 (Call 08/15/29) | 145 | 121983 |
| &nbsp;&nbsp;&nbsp;4.95%, 02/01/28 (Call 02/01/23) | 205 | 189080 |
| Mattamy Group Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 300 | 253017 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 240 | 219600 |
| Meritage Homes Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/29 (Call 10/15/28)<sup>(b)</sup> | 205 | 181681 |
| &nbsp;&nbsp;&nbsp;5.13%, 06/06/27 (Call 12/06/26) | 158 | 151285 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/01/25 (Call 03/01/25) | 200 | 201082 |
| Shea Homes LP/Shea Homes Funding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 02/15/28 (Call 02/15/23) | 205 | 182684 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 04/01/29 (Call 04/01/24)<sup>(a)</sup> | 145 | 125425 |
| Taylor Morrison Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 08/01/30 (Call 02/01/30)<sup>(b)</sup> | 265 | 242342 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 10/15/27)<sup>(b)</sup> | 235 | 227954 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/15/27 (Call 03/15/27)<sup>(b)</sup> | 265 | 260482 |
| TRI Pointe Group Inc./TRI Pointe Homes Inc., 5.88%, 06/15/24 | 200 | 199324 |
| Tri Pointe Homes Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 06/01/27 (Call 12/01/26) | 147 | 138306 |
| &nbsp;&nbsp;&nbsp;5.70%, 06/15/28 (Call 12/15/27) | 187 | 175440 |
| Winnebago Industries Inc., 6.25%, 07/15/28 (Call 06/30/23)<sup>(a)(b)</sup> | 145 | 139439 |
|  |  | 4461222 |
| **Home Furnishings — 0.2%** |  |  |
| Tempur Sealy International Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/15/31 (Call 10/15/26)<sup>(b)</sup> | 380 | 313086 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 380 | 331899 |
|  |  | 644985 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Household Products & Wares — 0.3%** |  |  |
| ACCO Brands Corp., 4.25%, 03/15/29 (Call 03/15/24)<sup>(a)(b)</sup> | $280 | $242215 |
| Central Garden & Pet Co. |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 10/15/30 (Call 10/15/25) | 240 | 204072 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/30/31 (Call 04/30/26)<sup>(b)</sup> | 200 | 167771 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/01/28 (Call 01/01/24)<sup>(a)</sup> | 139 | 132398 |
|  |  | 746456 |
| **Housewares — 0.7%** |  |  |
| Newell Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.45%, 04/01/26 (Call 01/01/26) | 950 | 902538 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/01/25 (Call 05/01/25) | 250 | 244437 |
| &nbsp;&nbsp;&nbsp;5.63%, 04/01/36 (Call 10/01/35) | 210 | 187089 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/01/46 (Call 10/01/45) | 315 | 261825 |
| &nbsp;&nbsp;&nbsp;6.38%, 09/15/27 (Call 06/15/27) | 240 | 241246 |
| &nbsp;&nbsp;&nbsp;6.63%, 09/15/29 (Call 06/15/29) (a) | 235 | 237561 |
|  |  | 2074696 |
| **Insurance — 0.9%** |  |  |
| Assurant Inc., 7.00%, 03/27/48 (Call 03/27/28), (3 mo. LIBOR US + 4.135%)<sup>(d)</sup> | 185 | 183149 |
| Enstar Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/42 (Call 01/15/27)<sup>(d)</sup> | 255 | 210324 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/01/40 (Call 09/01/25)<sup>(d)</sup> | 175 | 156852 |
| Genworth Holdings Inc.,6.50%,06/15/34 | 120 | 107674 |
| Global Atlantic Fin Co., 4.70%, 10/15/51 (Call 07/15/26)<sup>(b)(d)</sup> | 365 | 314220 |
| Liberty Mutual Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/15/51 (Call 12/15/26)<sup>(b)(d)</sup> | 210 | 179550 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 02/01/61 (Call 02/03/26)<sup>(b)</sup> | 390 | 254262 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.80%, 03/07/87<sup>(b)</sup> | 205 | 228255 |
| MGIC Investment Corp., 5.25%, 08/15/28 (Call 08/15/23) | 310 | 292237 |
| NMI Holdings Inc., 7.38%, 06/01/25 (Call 03/30/25)<sup>(b)</sup> | 204 | 206305 |
| Ohio National Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 01/24/30 (Call 10/24/29)<sup>(b)</sup> | 220 | 209316 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 05/01/31<sup>(a)(b)</sup> | 130 | 126823 |
|  |  | 2468967 |
| **Internet — 1.3%** |  |  |
| Cogent Communications Group Inc., 3.50%, 05/01/26 (Call 02/01/26)<sup>(b)</sup> | 255 | 236093 |
| Gen Digital Inc., 5.00%, 04/15/25 (Call 02/13/23)<sup>(b)</sup> | 545 | 534100 |
| Go Daddy Operating Co. LLC/GD Finance Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 380 | 328624 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 12/01/27 (Call 06/01/23)<sup>(b)</sup> | 305 | 295173 |
| Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/31 (Call 10/01/26)<sup>(b)</sup> | 235 | 188588 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/01/30 (Call 05/01/25)<sup>(b)</sup> | 236 | 202960 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/01/28 (Call 06/01/23)<sup>(a)(b)</sup> | 235 | 216146 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 210 | 201362 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 175 | 164519 |
| NortonLifeLock Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/30/27 (Call 09/30/24)<sup>(b)</sup> | 440 | 446182 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 09/30/30 (Call 09/30/25)<sup>(b)</sup> | 275 | 279207 |
| Rakuten Group Inc., 10.25%, 11/30/24<sup>(b)</sup> | 410 | 415113 |
| Ziff Davis Inc., 4.63%, 10/15/30 (Call 10/15/25)<sup>(a)(b)</sup> | 240 | 212654 |
|  |  | 3720721 |
| **Iron & Steel — 1.2%** |  |  |
| Big River Steel LLC/BRS Finance Corp., 6.63%, 01/31/29 (Call 09/15/23) (b) | 350 | 343276 |
| Carpenter Technology Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.38%, 07/15/28 (Call 07/15/23) | 197 | 194045 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/15/30 (Call 03/15/25) | 145 | 148828 |
| Cleveland-Cliffs Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/29 (Call 03/01/24)<sup>(b)</sup> | 180 | 167857 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Iron & Steel (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/01/31 (Call 03/01/26)<sup>(a)(b)</sup> | $150 | $140118 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/01/27 (Call 06/01/23) | 270 | 265532 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 400 | 406500 |
| Commercial Metals Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 02/15/26)<sup>(a)</sup> | 135 | 116852 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%,01/15/30 (Call 01/15/25)<sup>(a)</sup> | 160 | 143200 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/32 (Call 03/15/27) | 135 | 118427 |
| Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/01/27 (Call 11/01/24)<sup>(b)</sup> | 315 | 322497 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 340 | 342550 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 05/01/30 (Call 05/01/25)<sup>(b)</sup> | 295 | 304770 |
| U.S. Steel Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.65%, 06/01/37<sup>(a)</sup> | 122 | 116531 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/01/29 (Call 03/01/24)<sup>(a)</sup> | 221 | 223304 |
|  |  | 3354287 |
| **Leisure Time — 0.9%** |  |  |
| Carnival Corp., 4.00%, 08/01/28 (Call 05/01/28)<sup>(b)</sup> | 1160 | 1002217 |
| Royal Caribbean Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 01/15/29 (Call 04/01/25)<sup>(a)(b)</sup> | 485 | 506825 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.50%, 06/01/25 (Call 06/01/23)<sup>(b)</sup> | 673 | 722654 |
| Vista Outdoor Inc., 4.50%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 260 | 210600 |
|  |  | 2442296 |
| **Lodging — 2.2%** |  |  |
| Genting New York LLC, 3.30%, 02/15/26 (Call 01/15/26)<sup>(b)</sup> | 270 | 241651 |
| Hilton Domestic Operating Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/32 (Call 08/15/26)<sup>(a)(b)</sup> | 715 | 600421 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 405 | 359685 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 05/01/31 (Call 05/01/26)<sup>(b)</sup> | 545 | 472243 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/15/30 (Call 01/15/25)<sup>(a)</sup> | 480 | 452506 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/01/25 (Call 05/01/23)<sup>(b)</sup> | 235 | 233376 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/01/28 (Call 05/01/23)<sup>(b)</sup> | 240 | 238111 |
| Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27 (Call 04/01/23)<sup>(a)</sup> | 305 | 295285 |
| Las Vegas Sands Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 06/25/25 (Call 05/25/25) | 240 | 224710 |
| &nbsp;&nbsp;&nbsp;3.20%, 08/08/24 (Call 07/08/24) | 850 | 818024 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/18/26 (Call 06/18/26) | 480 | 447209 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 08/08/29 (Call 05/08/29)<sup>(a)</sup> | 370 | 331570 |
| Travel + Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 12/01/29 (Call 09/01/29)<sup>(b)</sup> | 310 | 266633 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/30 (Call 12/01/29)<sup>(b)</sup> | 164 | 139455 |
| &nbsp;&nbsp;&nbsp;5.65%, 04/01/24 (Call 02/01/24) | 155 | 154225 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/01/27 (Call 01/01/27) | 205 | 201156 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.60%, 10/01/25 (Call 07/01/25)<sup>(a)</sup> | 175 | 174118 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 07/31/26 (Call 04/30/26)<sup>(b)</sup> | 310 | 307635 |
| Wyndham Hotels & Resorts Inc., 4.38%, 08/15/28 (Call 08/15/23)<sup>(a)(b)</sup> | 255 | 235188 |
|  |  | 6193201 |
| **Machinery — 0.4%** |  |  |
| BWX Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/30/28 (Call 06/30/23)<sup>(b)</sup> | 200 | 180501 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 04/15/29 (Call 04/15/24)<sup>(a)(b)</sup> | 200 | 179006 |
| GrafTech Finance Inc., 4.63%, 12/15/28 (Call 12/15/23)<sup>(b)</sup> | 240 | 204547 |
| Mueller Water Products Inc., 4.00%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 190 | 168515 |
| Stevens Holding Co. Inc., 6.13%, 10/01/26 (Call 10/01/23)<sup>(b)</sup> | 200 | 202972 |
| Weir Group PLC (The), 2.20%, 05/13/26 (Call 04/13/26)<sup>(b)</sup> | 360 | 322657 |
|  |  | 1258198 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Manufacturing — 0.4%** |  |  |
| Amsted Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/15/30 (Call 05/15/25)<sup>(b)</sup> | $190 | $170251 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/01/27 (Call 07/01/23)<sup>(b)</sup> | 180 | 176892 |
| Hillenbrand Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/01/31 (Call 03/01/26)<sup>(a)</sup> | 155 | 130200 |
| &nbsp;&nbsp;&nbsp;5.00%, 09/15/26 (Call 07/15/26) | 191 | 184309 |
| &nbsp;&nbsp;&nbsp;5.75%, 06/15/25 (Call 06/15/23) | 205 | 206154 |
| Trinity Industries Inc., 4.55%, 10/01/24 (Call 07/01/24) | 207 | 199879 |
|  |  | 1067685 |
| **Media — 7.0%** |  |  |
| AMC Networks Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 02/15/29 (Call 02/15/24) | 480 | 295800 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/01/25 (Call 08/01/23)<sup>(a)</sup> | 380 | 324900 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/01/24 (Call 04/01/23)<sup>(a)</sup> | 200 | 192002 |
| CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/31 (Call 07/01/25)<sup>(b)</sup> | 725 | 603961 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/15/34 (Call 01/15/28)<sup>(b)</sup> | 510 | 397571 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/30 (Call 02/15/25)<sup>(b)</sup> | 720 | 615211 |
| &nbsp;&nbsp;&nbsp;4.50%, 05/01/32 (Call 05/01/26) | 695 | 575112 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/33 (Call 06/01/27)<sup>(a)(b)</sup> | 410 | 333125 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/01/30 (Call 09/01/24)<sup>(a)(b)</sup> | 745 | 650974 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/32 (Call 02/01/27)<sup>(b)</sup> | 310 | 263500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/28 (Call 08/01/23)<sup>(b)</sup> | 595 | 555581 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 785 | 748144 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 385 | 356125 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/26 (Call 05/01/23)<sup>(a)(b)</sup> | 194 | 190617 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 09/01/29 (Call 09/01/25)<sup>(b)</sup> | 395 | 381175 |
| &nbsp;&nbsp;&nbsp;7.38%, 03/01/31 | 350 | 350875 |
| Directv Financing LLC/Directv Financing Co-Obligor Inc., |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 08/15/27 (Call 08/15/23)<sup>(b)</sup> | 1800 | 1630449 |
| Gannett Holdings LLC, 6.00%, 11/01/26 (Call 11/01/23)<sup>(b)</sup> | 170 | 131465 |
| LCPR Senior Secured Financing DAC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/15/29 (Call 07/15/24)<sup>(b)</sup> | 390 | 343200 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 10/15/27 (Call 10/15/23)<sup>(b)</sup> | 575 | 560222 |
| News Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/15/29 (Call 05/15/24)<sup>(b)</sup> | 470 | 420547 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 02/15/32 (Call 02/15/27)<sup>(b)</sup> | 240 | 225960 |
| Paramount Global |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 02/28/57 (Call 02/28/27)<sup>(d)</sup> | 310 | 268538 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 03/30/62 (Call 03/30/27)<sup>(a)(d)</sup> | 480 | 418786 |
| Scripps Escrow II Inc., 3.88%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 260 | 217207 |
| Sinclair Television Group Inc., 4.13%, 12/01/30 (Call 12/01/25)<sup>(b)</sup> | 395 | 314025 |
| Sirius XM Radio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 09/01/26 (Call 09/01/23)<sup>(b)</sup> | 485 | 436512 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 09/01/31 (Call 09/01/26)<sup>(b)</sup> | 740 | 610041 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 07/15/28 (Call 07/15/24)<sup>(b)</sup> | 980 | 872298 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/01/30 (Call 07/01/25)<sup>(b)</sup> | 715 | 613205 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/01/27 (Call 08/01/23)<sup>(b)</sup> | 725 | 686031 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/01/29 (Call 07/01/24)<sup>(b)</sup> | 610 | 571661 |
| TEGNA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/15/28 (Call 03/15/23)<sup>(a)</sup> | 480 | 450503 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 03/15/26 (Call 03/15/23)<sup>(b)</sup> | 268 | 259838 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/15/29 (Call 09/15/24)<sup>(a)</sup> | 545 | 513395 |
| Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28 (Call 02/13/23)<sup>(b)</sup> | 400 | 371600 |
| UPC Broadband Finco BV, 4.88%, 07/15/31 (Call 07/15/26)<sup>(b)</sup> | 645 | 567452 |
| Videotron Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 06/15/29 (Call 06/15/24)<sup>(a)(b)</sup> | 265 | 230565 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 04/15/27 (Call 04/15/23)<sup>(a)(b)</sup> | 305 | 292776 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Media (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/24 (Call 03/15/24)<sup>(b)</sup> | $300 | $297994 |
| Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/15/30 (Call 08/15/25)<sup>(a)(b)</sup> | 335 | 288941 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/15/29 (Call 05/15/24)<sup>(a)(b)</sup> | 625 | 579806 |
| VZ Secured Financing BV, 5.00%, 01/15/32 (Call 01/15/27)<sup>(b)</sup> | 675 | 578023 |
| Ziggo BV, 4.88%, 01/15/30 (Call 10/15/24)<sup>(b)</sup> | 560 | 487782 |
|  |  | 20073495 |
| **Metal Fabricate & Hardware — 0.1%** |  |  |
| Advanced Drainage Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 09/30/27 (Call 09/30/23)<sup>(b)</sup> | 160 | 152299 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 06/15/30 (Call 07/15/25)<sup>(b)</sup> | 235 | 233493 |
|  |  | 385792 |
| **Mining — 1.7%** |  |  |
| Arconic Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 340 | 336626 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/15/28 (Call 02/15/23)<sup>(a)(b)</sup> | 440 | 422749 |
| FMG Resources August 2006 Pty Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/01/31 (Call 01/01/31)<sup>(a)(b)</sup> | 740 | 651200 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 09/15/27 (Call 06/15/27)<sup>(a)(b)</sup> | 305 | 291127 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/15/24 (Call 02/15/24)<sup>(b)</sup> | 370 | 366446 |
| FMG Resources August Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/15/30 (Call 01/15/30)<sup>(b)</sup> | 340 | 332044 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/15/32 (Call 01/15/32)<sup>(b)</sup> | 380 | 370500 |
| Kaiser Aluminum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 06/01/31 (Call 06/01/26)<sup>(b)</sup> | 265 | 224087 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 03/01/28 (Call 03/01/23)<sup>(b)</sup> | 240 | 219120 |
| Novelis Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 370 | 334968 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/31 (Call 08/15/26)<sup>(b)</sup> | 345 | 291180 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/30/30 (Call 01/30/25)<sup>(b)</sup> | 780 | 705900 |
| Perenti Finance Pty Ltd., 6.50%, 10/07/25 (Call 10/07/23)<sup>(a)(b)</sup> | 245 | 239904 |
|  |  | 4785851 |
| **Office & Business Equipment — 0.4%** |  |  |
| Xerox Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.80%, 05/15/24 | 145 | 140650 |
| &nbsp;&nbsp;&nbsp;4.80%, 03/01/35 | 120 | 81910 |
| &nbsp;&nbsp;&nbsp;6.75%, 12/15/39 | 165 | 128716 |
| Xerox Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 08/15/25 (Call 07/15/25)<sup>(b)</sup> | 370 | 344174 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 08/15/28 (Call 07/15/28)<sup>(a)(b)</sup> | 370 | 313806 |
|  |  | 1009256 |
| **Office Furnishings — 0.1%** |  |  |
| Steelcase Inc., 5.13%, 01/18/29 (Call 10/18/28) | 215 | 191924 |
| **Oil & Gas — 7.1%** |  |  |
| Antero Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/01/30 (Call 03/01/25)<sup>(b)</sup> | 280 | 261100 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 205 | 209633 |
| Apache Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 01/15/30 (Call 10/15/29) | 290 | 265304 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 10/15/28 (Call 07/15/28)<sup>(a)</sup> | 160 | 147952 |
| &nbsp;&nbsp;&nbsp;4.75%, 04/15/43 (Call 10/15/42) | 210 | 166242 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.10%, 09/01/40 (Call 03/01/40)<sup>(a)</sup> | 635 | 554514 |
| &nbsp;&nbsp;&nbsp;5.25%, 02/01/42 (Call 08/01/41) | 200 | 168014 |
| &nbsp;&nbsp;&nbsp;5.35%, 07/01/49 (Call 01/01/49) | 195 | 161323 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/15/37 | 205 | 194213 |
| Chesapeake Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/01/26 (Call 02/05/23)<sup>(b)</sup> | 235 | 227810 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/01/29 (Call 02/05/24)<sup>(b)</sup> | 235 | 225041 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/15/29 (Call 04/15/24)<sup>(a)(b)</sup> | 470 | 463443 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Civitas Resources Inc., 5.00%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | $185 | $172512 |
| CNX Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/15/29 (Call 01/15/24)<sup>(b)</sup> | 235 | 215725 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 03/14/27 (Call 03/14/23)<sup>(b)</sup> | 183 | 182085 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 01/15/31 (Call 01/15/26)<sup>(b)</sup> | 235 | 228535 |
| CrownRock LP/CrownRock Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 185 | 169451 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 10/15/25 (Call 10/15/23)<sup>(b)</sup> | 475 | 463125 |
| Endeavor Energy Resources LP/EER Finance Inc., 5.75%, 01/30/28 (Call 01/30/24)<sup>(b)</sup> | 470 | 460600 |
| Harbour Energy PLC, 5.50%, 10/15/26 (Call 10/15/23)<sup>(b)</sup> | 255 | 233325 |
| Hilcorp Energy I LP/Hilcorp Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 300 | 279000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 240 | 223117 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | 300 | 277410 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 11/01/28 (Call 11/01/23)<sup>(b)</sup> | 280 | 268943 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 04/15/32 (Call 04/15/27)<sup>(b)</sup> | 235 | 216915 |
| Matador Resources Co., 5.88%, 09/15/26 (Call 09/15/23) | 340 | 334432 |
| Murphy Oil Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 12/01/27 (Call 12/01/23)<sup>(a)</sup> | 270 | 263936 |
| &nbsp;&nbsp;&nbsp;6.13%, 12/01/42 (Call 06/01/42) | 165 | 135012 |
| &nbsp;&nbsp;&nbsp;6.38%, 07/15/28 (Call 07/15/24) | 210 | 207683 |
| &nbsp;&nbsp;&nbsp;7.05%, 05/01/29 | 120 | 122858 |
| Neptune Energy Bondco PLC, 6.63%, 05/15/25 (Call 05/15/23)<sup>(b)</sup> | 435 | 429562 |
| Oasis Petroleum Inc., 6.38%, 06/01/26 (Call 06/01/23)<sup>(b)</sup> | 205 | 201925 |
| Occidental Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp;2.90%, 08/15/24 (Call 06/15/24) | 200 | 191712 |
| &nbsp;&nbsp;&nbsp;3.50%, 08/15/29 (Call 05/15/29) | 120 | 110632 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/01/25 (Call 09/01/25) | 180 | 181213 |
| &nbsp;&nbsp;&nbsp;5.55%, 03/15/26 (Call 12/15/25) | 325 | 328266 |
| &nbsp;&nbsp;&nbsp;5.88%, 09/01/25 (Call 06/01/25) | 230 | 232805 |
| &nbsp;&nbsp;&nbsp;6.13%, 01/01/31 (Call 07/01/30) | 445 | 464442 |
| &nbsp;&nbsp;&nbsp;6.20%, 03/15/40 | 275 | 277876 |
| &nbsp;&nbsp;&nbsp;6.38%, 09/01/28 (Call 03/01/28) | 210 | 218156 |
| &nbsp;&nbsp;&nbsp;6.45%, 09/15/36 | 865 | 909660 |
| &nbsp;&nbsp;&nbsp;6.60%, 03/15/46 (Call 09/15/45) | 715 | 761382 |
| &nbsp;&nbsp;&nbsp;6.63%, 09/01/30 (Call 03/01/30) | 540 | 573290 |
| &nbsp;&nbsp;&nbsp;7.50%, 05/01/31 | 325 | 361562 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 09/15/31<sup>(a)</sup> | 205 | 232181 |
| &nbsp;&nbsp;&nbsp;7.95%, 06/15/39 | 130 | 149175 |
| &nbsp;&nbsp;&nbsp;8.50%, 07/15/27 (Call 01/15/27) | 185 | 204656 |
| &nbsp;&nbsp;&nbsp;8.88%, 07/15/30 (Call 01/15/30) | 370 | 435675 |
| Parkland Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 380 | 325961 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 05/01/30 (Call 05/01/25)<sup>(b)</sup> | 380 | 326649 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 07/15/27 (Call 07/15/23)<sup>(b)</sup> | 240 | 230232 |
| Patterson-UTI Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 02/01/28 (Call 11/01/27) | 230 | 208353 |
| &nbsp;&nbsp;&nbsp;5.15%, 11/15/29 (Call 08/15/29) | 170 | 158822 |
| PBF Holding Co. LLC/PBF Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 02/15/28 (Call 02/15/23) | 400 | 377136 |
| &nbsp;&nbsp;&nbsp;7.25%, 06/15/25 (Call 06/15/23) | 325 | 323783 |
| PDC Energy Inc., 5.75%, 05/15/26 (Call 05/15/23) | 385 | 372345 |
| Petrofac Ltd., 9.75%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 280 | 179347 |
| Range Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 240 | 214981 |
| &nbsp;&nbsp;&nbsp;4.88%, 05/15/25 (Call 02/15/25) | 370 | 356960 |
| &nbsp;&nbsp;&nbsp;8.25%, 01/15/29 (Call 01/15/24) | 275 | 282711 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Oil & Gas (continued)** |  |  |
| Southwestern Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/32 (Call 02/01/27)<sup>(a)</sup> | $550 | $484836 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 02/01/29 (Call 02/01/24)<sup>(a)</sup> | 335 | 314781 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/15/30 (Call 03/15/25)<sup>(a)</sup> | 585 | 544781 |
| &nbsp;&nbsp;&nbsp;5.70%, 01/23/25 (Call 10/23/24) | 195 | 193352 |
| &nbsp;&nbsp;&nbsp;7.75%, 10/01/27 (Call 10/01/23) | 220 | 229434 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 09/15/28 (Call 09/15/23)<sup>(a)</sup> | 140 | 147048 |
| Sunoco LP/Sunoco Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 05/15/29 (Call 05/15/24) | 380 | 343782 |
| &nbsp;&nbsp;&nbsp;4.50%, 04/30/30 (Call 04/30/25) | 378 | 336741 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/15/28 (Call 03/15/23) | 205 | 200900 |
| &nbsp;&nbsp;&nbsp;6.00%, 04/15/27 (Call 04/15/23) | 285 | 284838 |
| Viper Energy Partners LP, 5.38%, 11/01/27 (Call 11/01/23)<sup>(b)</sup> | 200 | 193588 |
|  |  | 20394784 |
| **Oil & Gas Services — 0.1%** |  |  |
| Weatherford International Ltd., 6.50%, 09/15/28 (Call 09/15/24)<sup>(b)</sup> | 235 | 233825 |
| **Packaging & Containers — 2.8%** |  |  |
| Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/01/28 (Call 05/15/24)<sup>(b)</sup> | 300 | 263259 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 06/15/27 (Call 06/15/24)<sup>(b)</sup> | 315 | 314118 |
| Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/26 (Call 08/15/23)<sup>(b)</sup> | 590 | 538375 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/30/25 (Call 04/30/23)<sup>(b)</sup> | 250 | 244437 |
| Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.88%, 08/15/30 (Call 05/15/30)<sup>(a)</sup> | 640 | 524669 |
| &nbsp;&nbsp;&nbsp;3.13%, 09/15/31 (Call 06/15/31) | 410 | 335240 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/15/26 (Call 12/15/25)<sup>(a)</sup> | 365 | 359534 |
| &nbsp;&nbsp;&nbsp;5.25%, 07/01/25 | 485 | 482628 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/15/28 (Call 11/15/24) | 355 | 366129 |
| Berry Global Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 155 | 150418 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/27 (Call 07/15/23)<sup>(a)(b)</sup> | 270 | 265275 |
| Cascades Inc./Cascades USA Inc., 5.38%, 01/15/28 (Call 01/15/24)<sup>(a)(b)</sup> | 210 | 196144 |
| Crown Americas LLC, 5.25%, 04/01/30 (Call 01/01/30)<sup>(a)</sup> | 235 | 226187 |
| Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26 (Call 03/31/26) | 191 | 182530 |
| Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26 (Call 02/01/23) | 425 | 415199 |
| Crown Cork & Seal Co. Inc., 7.38%, 12/15/26 | 175 | 182802 |
| Graphic Packaging International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/15/28<sup>(b)</sup> | 235 | 210131 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 03/01/29 (Call 09/01/28)<sup>(b)</sup> | 175 | 154026 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/01/30 (Call 08/01/29)<sup>(b)</sup> | 205 | 177533 |
| &nbsp;&nbsp;&nbsp;4.13%, 08/15/24 (Call 05/15/24) | 113 | 111185 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/15/27 (Call 04/15/27)<sup>(a)(b)</sup> | 145 | 139563 |
| OI European Group BV, 4.75%, 02/15/30 (Call 11/15/24)<sup>(b)</sup> | 210 | 188528 |
| Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/01/27 (Call 09/01/27)<sup>(b)</sup> | 220 | 203511 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 04/15/29 (Call 04/15/25)<sup>(b)</sup> | 220 | 211130 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/01/24 (Call 09/01/24)<sup>(b)</sup> | 225 | 223313 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 09/15/25 (Call 06/15/25)<sup>(a)(b)</sup> | 205 | 203791 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/01/28 (Call 02/01/24)<sup>(b)</sup> | 385 | 388426 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 07/15/33<sup>(b)</sup> | 235 | 244252 |
| Silgan Holdings Inc., 4.13%, 02/01/28 (Call 10/01/23) | 295 | 275436 |
| TriMas Corp., 4.13%, 04/15/29 (Call 04/15/24)<sup>(b)</sup> | 200 | 178050 |
|  |  | 7955819 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Pharmaceuticals — 1.3%** |  |  |
| 180 Medical Inc., 3.88%, 10/15/29 (Call 10/07/24)<sup>(a)(b)</sup> | $265 | $234859 |
| Elanco Animal Health Inc., 6.40%, 08/28/28 (Call 05/28/28)<sup>(a)</sup> | 380 | 370956 |
| Horizon Therapeutics USA Inc., 5.50%, 08/01/27 (Call 08/01/23)<sup>(b)</sup> | 275 | 280844 |
| Jazz Securities DAC, 4.38%, 01/15/29 (Call 07/15/24)<sup>(a)(b)</sup> | 775 | 707063 |
| Organon & Co./Organon Foreign Debt Co.-Issuer BV, 4.13%, 04/30/28 (Call 04/30/24)<sup>(b)</sup> | 980 | 886361 |
| Perrigo Finance Unlimited Co. |  |  |
| &nbsp;&nbsp;&nbsp;3.90%, 12/15/24 (Call 09/15/24) | 160 | 154738 |
| &nbsp;&nbsp;&nbsp;4.38%, 03/15/26 (Call 12/15/25) | 365 | 345600 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/15/30 (Call 03/15/30)<sup>(a)</sup> | 395 | 346660 |
| &nbsp;&nbsp;&nbsp;4.90%, 12/15/44 (Call 06/15/44) | 150 | 111776 |
| PRA Health Sciences Inc., 2.88%, 07/15/26 (Call 07/15/23)<sup>(a)(b)</sup> | 275 | 251672 |
|  |  | 3690529 |
| **Pipelines — 7.8%** |  |  |
| Antero Midstream Partners LP/Antero Midstream |  |  |
| Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 370 | 343637 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 03/01/27 (Call 03/01/23)<sup>(b)</sup> | 310 | 300700 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 310 | 296437 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 275 | 282219 |
| Buckeye Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;3.95%, 12/01/26 (Call 09/01/26) | 300 | 274572 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 03/01/25 (Call 02/01/25)<sup>(b)</sup> | 240 | 228000 |
| &nbsp;&nbsp;&nbsp;4.13%, 12/01/27 (Call 09/01/27) | 206 | 186358 |
| &nbsp;&nbsp;&nbsp;4.35%, 10/15/24 (Call 07/15/24) | 149 | 144203 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 12/01/27)<sup>(b)</sup> | 240 | 219059 |
| &nbsp;&nbsp;&nbsp;5.60%, 10/15/44 (Call 04/15/44) | 145 | 110576 |
| &nbsp;&nbsp;&nbsp;5.85%, 11/15/43 (Call 05/15/43) | 175 | 133875 |
| CNX Midstream Partners LP, 4.75%, 04/15/30 (Call 04/15/25)<sup>(b)</sup> | 205 | 173457 |
| CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%, 06/15/31 (Call 06/15/26)<sup>(b)</sup> | 680 | 619218 |
| Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/01/27 (Call 05/01/23)<sup>(b)</sup> | 350 | 334498 |
| &nbsp;&nbsp;&nbsp;5.75%, 04/01/25 (Call 04/01/23) | 275 | 271109 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/01/29 (Call 02/01/24)<sup>(b)</sup> | 415 | 393697 |
| &nbsp;&nbsp;&nbsp;7.38%, 02/01/31 | 295 | 296844 |
| DT Midstream Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 545 | 478237 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 06/15/31 (Call 06/15/26)<sup>(b)</sup> | 480 | 419867 |
| EnLink Midstream LLC |  |  |
| &nbsp;&nbsp;&nbsp;5.38%, 06/01/29 (Call 03/01/29) | 236 | 227458 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/15/28 (Call 07/15/27)<sup>(b)</sup> | 240 | 234600 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/01/30 (Call 03/01/30)<sup>(a)(b)</sup> | 340 | 346375 |
| EnLink Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;4.15%, 06/01/25 (Call 03/01/25) | 216 | 208112 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 07/15/26 (Call 04/15/26)<sup>(a)</sup> | 235 | 227850 |
| &nbsp;&nbsp;&nbsp;5.05%, 04/01/45 (Call 10/01/44) | 230 | 180814 |
| &nbsp;&nbsp;&nbsp;5.45%, 06/01/47 (Call 12/01/46) | 235 | 195483 |
| &nbsp;&nbsp;&nbsp;5.60%, 04/01/44 (Call 10/01/43) | 175 | 146578 |
| EQM Midstream Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 08/01/24 (Call 05/01/24) | 155 | 149963 |
| &nbsp;&nbsp;&nbsp;4.13%, 12/01/26 (Call 09/01/26) | 255 | 230684 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/15/29 (Call 07/15/28)<sup>(b)</sup> | 405 | 355209 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/31 (Call 07/15/30)<sup>(b)</sup> | 545 | 460973 |
| &nbsp;&nbsp;&nbsp;5.50%, 07/15/28 (Call 04/15/28) | 410 | 378225 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/01/25 (Call 04/01/25)<sup>(b)</sup> | 205 | 201825 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 07/01/27 (Call 01/01/27)<sup>(b)</sup> | 415 | 407534 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Pipelines (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;6.50%, 07/15/48 (Call 01/15/48) | $265 | $204050 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/27 (Call 06/01/24)<sup>(b)</sup> | 240 | 239995 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/01/30 (Call 12/01/29)<sup>(b)</sup> | 240 | 239700 |
| Harvest Midstream I LP, 7.50%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 420 | 413175 |
| Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | 370 | 324049 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/15/28 (Call 06/15/23)<sup>(b)</sup> | 259 | 243908 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/15/30 (Call 10/15/25)<sup>(b)</sup> | 205 | 191185 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 02/15/26 (Call 02/15/23)<sup>(b)</sup> | 378 | 374265 |
| Holly Energy Partners LP/Holly Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 260 | 242125 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 04/15/27 (Call 04/15/24)<sup>(b)</sup> | 205 | 202694 |
| Kinetik Holdings LP, 5.88%, 06/15/30 (Call 06/15/25)<sup>(b)</sup> | 505 | 479750 |
| New Fortress Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/30/26 (Call 03/31/23)<sup>(b)</sup> | 715 | 657914 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/15/25 (Call 09/15/23)<sup>(b)</sup> | 610 | 583548 |
| Northriver Midstream Finance LP, 5.63%, 02/15/26 (Call 10/15/23)<sup>(b)</sup> | 270 | 259200 |
| NuStar Logistics LP |  |  |
| &nbsp;&nbsp;&nbsp;5.63%, 04/28/27 (Call 01/28/27) | 265 | 254341 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/01/25 (Call 07/01/25)<sup>(a)</sup> | 302 | 298832 |
| &nbsp;&nbsp;&nbsp;6.00%, 06/01/26 (Call 03/01/26) | 240 | 235037 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/01/30 (Call 04/01/30) | 300 | 288975 |
| Rockies Express Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.60%, 05/15/25 (Call 04/15/25)<sup>(b)</sup> | 205 | 193795 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, 05/15/30 (Call 02/15/30)<sup>(b)</sup> | 175 | 155750 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 07/15/29 (Call 04/15/29)<sup>(b)</sup> | 265 | 239528 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/15/40<sup>(b)</sup> | 260 | 220333 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/15/38<sup>(b)</sup> | 110 | 101750 |
| Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/28 (Call 01/15/24)<sup>(b)</sup> | 369 | 339807 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/01/27 (Call 03/01/23)<sup>(b)</sup> | 200 | 189621 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 12/31/30 (Call 12/31/25)<sup>(b)</sup> | 355 | 323327 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 09/01/31 (Call 09/01/26)<sup>(b)</sup> | 240 | 216000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 10/01/25 (Call 10/01/23)<sup>(b)</sup> | 305 | 308762 |
| Venture Global Calcasieu Pass LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/01/33 (Call 05/01/33)<sup>(a)(b)</sup> | 630 | 535153 |
| &nbsp;&nbsp;&nbsp;6.25%, 01/15/30 | 505 | 514484 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 08/15/29 (Call 02/15/29)<sup>(b)</sup> | 610 | 542900 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 08/15/31 (Call 02/15/31)<sup>(b)</sup> | 610 | 540802 |
| Western Midstream Operating LP |  |  |
| &nbsp;&nbsp;&nbsp;3.35%, 02/01/25 (Call 01/01/25) | 368 | 351440 |
| &nbsp;&nbsp;&nbsp;3.95%, 06/01/25 (Call 03/01/25) | 185 | 176675 |
| &nbsp;&nbsp;&nbsp;4.30%, 02/01/30 (Call 11/01/29) | 575 | 526562 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 12/01/27) | 204 | 192780 |
| &nbsp;&nbsp;&nbsp;4.65%, 07/01/26 (Call 04/01/26) | 235 | 226187 |
| &nbsp;&nbsp;&nbsp;4.75%, 08/15/28 (Call 05/15/28) | 205 | 193213 |
| &nbsp;&nbsp;&nbsp;5.30%, 03/01/48 (Call 09/01/47) | 337 | 294875 |
| &nbsp;&nbsp;&nbsp;5.45%, 04/01/44 (Call 10/01/43) | 285 | 250860 |
| &nbsp;&nbsp;&nbsp;5.50%, 08/15/48 (Call 02/15/48) | 180 | 156391 |
| &nbsp;&nbsp;&nbsp;5.50%, 02/01/50 (Call 08/01/49) | 485 | 420737 |
|  |  | 22402721 |
| **Real Estate — 0.8%** |  |  |
| Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 05/15/28 (Call 05/18/23)<sup>(a)(b)</sup> | 325 | 313732 |
| Greystar Real Estate Partners LLC, 5.75%, 12/01/25 (Call 03/03/23)<sup>(b)</sup> | 297 | 292079 |
| Howard Hughes Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/01/29 (Call 02/01/24)<sup>(a)(b)</sup> | 310 | 267691 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 02/01/31 (Call 02/01/26)<sup>(b)</sup> | 310 | 257589 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Real Estate (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 08/01/28 (Call 08/01/23)<sup>(b)</sup> | $370 | $342764 |
| Kennedy-Wilson Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/29 (Call 03/01/24) | 305 | 256200 |
| &nbsp;&nbsp;&nbsp;4.75%, 02/01/30 (Call 09/01/24) | 300 | 246071 |
| &nbsp;&nbsp;&nbsp;5.00%, 03/01/31 (Call 03/01/26) | 300 | 244712 |
|  |  | 2220838 |
| **Real Estate Investment Trusts — 4.4%** |  |  |
| American Finance Trust Inc./American Finance Operating Partner LP, 4.50%, 09/30/28 (Call 06/30/28)<sup>(b)</sup> | 255 | 193697 |
| Apollo Commercial Real Estate Finance Inc., 4.63%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 240 | 196500 |
| Blackstone Mortgage Trust Inc., 3.75%, 01/15/27 (Call 10/15/26)<sup>(b)</sup> | 200 | 176412 |
| Brookfield Property REIT Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/01/27 (Call 10/01/23)<sup>(b)</sup> | 370 | 324834 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/15/26 (Call 05/15/23)<sup>(b)</sup> | 445 | 423306 |
| CTR Partnership LP/CareTrust Capital Corp., 3.88%, 06/30/28 (Call 03/30/28)<sup>(b)</sup> | 215 | 192513 |
| Global Net Lease Inc./Global Net Lease Operating |  |  |
| Partnership LP, 3.75%, 12/15/27 (Call 09/15/27)<sup>(b)</sup> | 235 | 198635 |
| HAT Holdings I LLC/HAT Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 06/15/26 (Call 03/15/26)<sup>(a)(b)</sup> | 470 | 417125 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/15/30<sup>(b)</sup> | 165 | 126107 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/25 (Call 04/15/23)<sup>(a)(b)</sup> | 205 | 200388 |
| Iron Mountain Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 520 | 445583 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 480 | 451939 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/15/29 (Call 09/15/24)<sup>(b)</sup> | 481 | 434408 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 07/15/28 (Call 07/15/23)<sup>(b)</sup> | 240 | 220683 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 03/15/28 (Call 12/27/23)<sup>(a)(b)</sup> | 395 | 375606 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 07/15/30 (Call 07/15/25)<sup>(a)(b)</sup> | 640 | 579162 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/15/32 (Call 07/15/26)<sup>(b)</sup> | 300 | 269980 |
| Iron Mountain Information Management Services Inc., 5.00%, 07/15/32 (Call 07/15/27)<sup>(b)</sup> | 370 | 320791 |
| iStar Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 08/01/25 (Call 05/01/25)<sup>(a)</sup> | 240 | 238200 |
| &nbsp;&nbsp;&nbsp;4.75%, 10/01/24 (Call 07/01/24) | 430 | 427527 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/15/26 (Call 08/15/23)<sup>(a)</sup> | 115 | 115771 |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 02/01/27 (Call 02/01/23)<sup>(b)</sup> | 310 | 273188 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/29 (Call 06/15/24)<sup>(b)</sup> | 310 | 257557 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 10/01/25 (Call 02/16/23)<sup>(b)</sup> | 170 | 163625 |
| MPT Operating Partnership LP/MPT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 03/15/31 (Call 03/15/26) | 640 | 448005 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 08/01/29 (Call 08/01/24)<sup>(a)</sup> | 440 | 342100 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 10/15/27 (Call 09/07/23)<sup>(a)</sup> | 675 | 570601 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 08/01/26 (Call 08/01/23)<sup>(a)</sup> | 242 | 220140 |
| Office Properties Income Trust |  |  |
| &nbsp;&nbsp;&nbsp;2.40%, 02/01/27 (Call 01/01/27) | 171 | 131455 |
| &nbsp;&nbsp;&nbsp;2.65%, 06/15/26 (Call 05/15/26) | 145 | 116480 |
| &nbsp;&nbsp;&nbsp;3.45%, 10/15/31 (Call 07/15/31) | 178 | 124869 |
| &nbsp;&nbsp;&nbsp;4.25%, 05/15/24 (Call 02/15/24) | 175 | 169834 |
| &nbsp;&nbsp;&nbsp;4.50%, 02/01/25 (Call 11/01/24) | 309 | 287480 |
| RLJ Lodging Trust LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/01/26 (Call 07/01/23)<sup>(b)</sup> | 235 | 214665 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 09/15/29 (Call 09/15/24)<sup>(b)</sup> | 240 | 201288 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 02/01/29 (Call 02/01/24)<sup>(a)</sup> | 715 | 605735 |
| &nbsp;&nbsp;&nbsp;3.88%, 02/15/27 (Call 02/15/23) | 740 | 683416 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Real Estate Investment Trusts (continued)** |  |  |
| Service Properties Trust |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 12/15/27 (Call 09/15/27) | $210 | $185976 |
| &nbsp;&nbsp;&nbsp;7.50%, 09/15/25 (Call 06/15/25) | 380 | 373650 |
| Starwood Property Trust Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 07/15/26 (Call 01/15/26)<sup>(b)</sup> | 190 | 170523 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 12/31/24 (Call 09/30/24)<sup>(b)</sup> | 200 | 189935 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/27 (Call 07/15/26)<sup>(b)</sup> | 235 | 210913 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/15/25 (Call 09/15/24) | 240 | 230024 |
|  |  | 12500626 |
| **Retail — 5.5%** |  |  |
| 1011778 BC ULC/New Red Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 02/15/29 (Call 02/15/24)<sup>(b)</sup> | 370 | 323728 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/15/28 (Call 09/15/23)<sup>(b)</sup> | 750 | 685485 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/15/25 (Call 04/15/23)<sup>(b)</sup> | 235 | 234672 |
| Abercrombie & Fitch Management Co., 8.75%, 07/15/25 (Call 07/15/23)<sup>(a)(b)</sup> | 155 | 156550 |
| Academy Ltd., 6.00%, 11/15/27 (Call 11/15/23)<sup>(b)</sup> | 205 | 199424 |
| Asbury Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 03/01/28 (Call 03/01/23) | 210 | 189860 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(a)(b)</sup> | 380 | 335327 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/01/30 (Call 03/01/25) | 205 | 179325 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 02/15/32 (Call 11/15/26)<sup>(a)(b)</sup> | 300 | 258735 |
| Bath & Body Works Inc. |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 02/01/28 | 235 | 221819 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 10/01/30 (Call 10/01/25)<sup>(b)</sup> | 480 | 469046 |
| &nbsp;&nbsp;&nbsp;6.69%, 01/15/27 | 137 | 137326 |
| &nbsp;&nbsp;&nbsp;6.75%, 07/01/36 | 340 | 307506 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/01/35 | 480 | 437454 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 06/15/29 (Call 06/15/24)<sup>(a)</sup> | 235 | 238405 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 07/01/25<sup>(a)(b)</sup> | 155 | 165901 |
| Beacon Roofing Supply Inc., 4.50%, 11/15/26 (Call 11/15/23)<sup>(b)</sup> | 157 | 149663 |
| FirstCash Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 265 | 238169 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/01/30 (Call 01/01/25)<sup>(b)</sup> | 290 | 265330 |
| Foot Locker Inc., 4.00%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 205 | 173323 |
| Gap Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 10/01/29 (Call 10/01/24)<sup>(b)</sup> | 370 | 283975 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/01/31 (Call 10/01/26)<sup>(a)(b)</sup> | 345 | 256810 |
| Group 1 Automotive Inc., 4.00%, 08/15/28 (Call 08/15/23)<sup>(b)</sup> | 390 | 342989 |
| KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, 4.75%, 06/01/27 (Call 06/01/23)<sup>(a)(b)</sup> | 380 | 368600 |
| Kohl's Corp. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 05/01/31 (Call 02/01/31) | 240 | 177821 |
| &nbsp;&nbsp;&nbsp;4.25%, 07/17/25 (Call 04/17/25) | 175 | 167905 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.55%, 07/17/45 (Call 01/17/45)<sup>(a)</sup> | 190 | 124921 |
| Lithia Motors Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/01/29 (Call 06/01/24)<sup>(b)</sup> | 395 | 335624 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 01/15/31 (Call 10/15/25)<sup>(a)(b)</sup> | 275 | 234135 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/15/27 (Call 12/15/23)<sup>(b)</sup> | 185 | 172050 |
| Macy's Retail Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;4.30%, 02/15/43 (Call 08/15/42) | 110 | 68200 |
| &nbsp;&nbsp;&nbsp;4.50%, 12/15/34 (Call 06/15/34) | 175 | 128502 |
| &nbsp;&nbsp;&nbsp;5.13%, 01/15/42 (Call 07/15/41) | 110 | 74250 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 240 | 223203 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 03/15/30 (Call 03/15/25)<sup>(a)(b)</sup> | 220 | 200809 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 03/15/32 (Call 03/15/27)<sup>(b)</sup> | 215 | 192425 |
| Marks & Spencer PLC, 7.13%, 12/01/37<sup>(b)</sup> | 155 | 138870 |
| Murphy Oil USA Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 02/15/31 (Call 02/15/26)<sup>(b)</sup> | 265 | 221719 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Retail (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 09/15/29 (Call 09/15/24)<sup>(a)</sup> | $259 | $237309 |
| &nbsp;&nbsp;&nbsp;5.63%, 05/01/27 (Call 05/01/23) | 148 | 145206 |
| Nordstrom Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.30%, 04/08/24 (Call 02/16/23)<sup>(a)</sup> | 125 | 118640 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 03/15/27 (Call 12/15/26)<sup>(a)</sup> | 165 | 142481 |
| &nbsp;&nbsp;&nbsp;4.25%, 08/01/31 (Call 05/01/31) | 216 | 162197 |
| &nbsp;&nbsp;&nbsp;4.38%, 04/01/30 (Call 01/01/30) | 240 | 192559 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/44 (Call 07/15/43)<sup>(a)</sup> | 455 | 306952 |
| &nbsp;&nbsp;&nbsp;6.95%, 03/15/28 | 145 | 140795 |
| Penske Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.50%, 09/01/25 (Call 09/01/23) | 280 | 265174 |
| &nbsp;&nbsp;&nbsp;3.75%, 06/15/29 (Call 06/15/24) | 265 | 224092 |
| PetSmart Inc./PetSmart Finance Corp., 4.75%, 02/15/28 (Call 02/15/24)<sup>(b)</sup> | 600 | 554990 |
| QVC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 09/01/28 (Call 06/01/28) | 235 | 151570 |
| &nbsp;&nbsp;&nbsp;4.45%, 02/15/25 (Call 11/15/24) | 290 | 246949 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/15/27 (Call 11/15/26)<sup>(a)</sup> | 271 | 205367 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 04/01/24<sup>(a)</sup> | 305 | 290245 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 08/15/34 (Call 02/15/34)<sup>(a)</sup> | 182 | 106920 |
| &nbsp;&nbsp;&nbsp;5.95%, 03/15/43 | 155 | 80145 |
| Sally Holdings LLC/Sally Capital Inc., 5.63%, 12/01/25 (Call 12/01/23) | 350 | 344753 |
| Sonic Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 11/15/29 (Call 11/15/24)<sup>(a)(b)</sup> | 307 | 255146 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/15/31 (Call 11/15/26)<sup>(b)</sup> | 236 | 188444 |
| Superior Plus LP/Superior General Partner Inc., 4.50%, 03/15/29 (Call 03/15/24)<sup>(b)</sup> | 305 | 269544 |
| Yum! Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/31 (Call 12/15/30) | 500 | 426214 |
| &nbsp;&nbsp;&nbsp;4.63%, 01/31/32 (Call 10/01/26) | 540 | 491314 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/15/30 (Call 10/15/29)<sup>(b)</sup> | 385 | 360071 |
| &nbsp;&nbsp;&nbsp;5.35%, 11/01/43 (Call 05/01/43) | 145 | 124105 |
| &nbsp;&nbsp;&nbsp;5.38%, 04/01/32 (Call 04/01/27) | 480 | 455414 |
| &nbsp;&nbsp;&nbsp;6.88%, 11/15/37 | 160 | 171318 |
|  |  | 15737770 |
| **Semiconductors — 0.6%** |  |  |
| Amkor Technology Inc., 6.63%, 09/15/27 (Call 03/15/23)<sup>(b)</sup> | 275 | 276133 |
| ams-OSRAM AG, 7.00%, 07/31/25 (Call 07/31/23)<sup>(a)(b)</sup> | 245 | 235820 |
| Entegris Escrow Corp., 5.95%, 06/15/30 (Call 06/15/25)<sup>(a)(b)</sup> | 435 | 417744 |
| Entegris Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 05/01/29 (Call 05/01/24)<sup>(b)</sup> | 200 | 170564 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 04/15/28 (Call 04/15/23)<sup>(b)</sup> | 205 | 185525 |
| ON Semiconductor Corp., 3.88%, 09/01/28 (Call 09/01/23)<sup>(b)</sup> | 340 | 310253 |
| Synaptics Inc., 4.00%, 06/15/29 (Call 06/15/24)<sup>(a)(b)</sup> | 200 | 173183 |
|  |  | 1769222 |
| **Software — 1.7%** |  |  |
| Fair Isaac Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 06/15/28 (Call 12/15/23)<sup>(b)</sup> | 440 | 408542 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 05/15/26 (Call 02/15/26)<sup>(b)</sup> | 190 | 188622 |
| MSCI Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 08/15/33 (Call 08/15/27)<sup>(b)</sup> | 340 | 278800 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 09/01/30 (Call 03/01/25)<sup>(b)</sup> | 440 | 382983 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 11/01/31 (Call 11/01/26)<sup>(b)</sup> | 300 | 256410 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/31 (Call 06/01/25)<sup>(b)</sup> | 480 | 423634 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/15/29 (Call 11/15/24)<sup>(a)(b)</sup> | 480 | 436800 |
| Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 442 | 384080 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 12/01/29 (Call 12/01/24)<sup>(b)</sup> | 410 | 340977 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Software (continued)** |  |  |
| Open Text Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 02/15/30 (Call 02/15/25)<sup>(b)</sup> | $440 | $370514 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 12/01/31 (Call 12/01/26)<sup>(b)</sup> | 308 | 250231 |
| PTC Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/15/25 (Call 02/15/23)<sup>(b)</sup> | 235 | 225349 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 02/15/28 (Call 02/15/23)<sup>(b)</sup> | 235 | 218932 |
| ROBLOX Corp., 3.88%, 05/01/30 (Call 11/01/24)<sup>(b)</sup> | 520 | 439114 |
| Twilio Inc. |  |  |
| &nbsp;&nbsp;&nbsp;3.63%, 03/15/29 (Call 03/15/24) | 235 | 199528 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 03/15/31 (Call 03/15/26)<sup>(a)</sup> | 235 | 193988 |
|  |  | 4998504 |
| **Telecommunications — 5.0%** |  |  |
| British Telecommunications PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 11/23/81 (Call 11/23/26)<sup>(b)(d)</sup> | 235 | 210325 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 11/23/81 (Call 08/23/31)<sup>(b)(d)</sup> | 240 | 197906 |
| Ciena Corp., 4.00%, 01/31/30 (Call 01/31/25)<sup>(a)(b)</sup> | 205 | 179375 |
| Hughes Satellite Systems Corp., 5.25%, 08/01/26<sup>(a)</sup> | 395 | 382656 |
| Level 3 Financing Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.40%, 03/01/27 (Call 01/01/27)<sup>(b)</sup> | 370 | 320224 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 01/15/29 (Call 01/15/24)<sup>(a)(b)</sup> | 405 | 301320 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 07/15/29 (Call 01/15/24)<sup>(b)</sup> | 440 | 321658 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 11/15/29 (Call 08/15/29)<sup>(b)</sup> | 370 | 300040 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 07/01/28 (Call 07/01/23)<sup>(b)</sup> | 585 | 463607 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 09/15/27 (Call 09/15/23)<sup>(b)</sup> | 480 | 406612 |
| Lumen Technologies Inc., 4.00%, 02/15/27 (Call 02/15/23)<sup>(a)(b)</sup> | 610 | 514384 |
| Millicom International Cellular SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/27/31 (Call 04/27/26)<sup>(a)(b)</sup> | 410 | 347065 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/15/28 (Call 09/15/23)<sup>(a)(b)</sup> | 217 | 193130 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/25/29 (Call 04/25/24)<sup>(b)</sup> | 324 | 298353 |
| Nokia OYJ |  |  |
| &nbsp;&nbsp;&nbsp;4.38%, 06/12/27 | 240 | 230400 |
| &nbsp;&nbsp;&nbsp;6.63%, 05/15/39 | 235 | 239453 |
| Qwest Corp., 7.25%, 09/15/25 | 125 | 125188 |
| Sable International Finance Ltd., 5.75%, 09/07/27 (Call 09/07/23)<sup>(b)</sup> | 259 | 248066 |
| Sprint Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;6.88%, 11/15/28 | 1205 | 1289153 |
| &nbsp;&nbsp;&nbsp;8.75%, 03/15/32 | 980 | 1210300 |
| Sprint LLC |  |  |
| &nbsp;&nbsp;&nbsp;7.13%, 06/15/24 | 1220 | 1245818 |
| &nbsp;&nbsp;&nbsp;7.63%, 02/15/25 (Call 11/15/24) | 730 | 757701 |
| &nbsp;&nbsp;&nbsp;7.63%, 03/01/26 (Call 11/01/25) | 740 | 782673 |
| U.S. Cellular Corp., 6.70%, 12/15/33<sup>(a)</sup> | 245 | 227850 |
| ViaSat Inc., 5.63%, 04/15/27 (Call 04/15/23)<sup>(b)</sup> | 305 | 284486 |
| Viavi Solutions Inc., 3.75%, 10/01/29 (Call 10/01/24)<sup>(a)(b)</sup> | 200 | 174500 |
| Vmed O2 UK Financing I PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/31/31 (Call 01/31/26)<sup>(b)</sup> | 600 | 501000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 07/15/31 (Call 07/15/26)<sup>(b)</sup> | 760 | 646020 |
| Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 06/04/81 (Call 06/04/26)<sup>(d)</sup> | 235 | 203863 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/04/81 (Call 04/04/31)<sup>(d)</sup> | 480 | 388608 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/04/81 (Call 12/04/50)<sup>(d)</sup> | 470 | 361312 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/04/79 (Call 01/04/29)<sup>(d)</sup> | 985 | 1014461 |
|  |  | 14367507 |
| **Toys, Games & Hobbies — 0.4%** |  |  |
| Mattel Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 04/01/26 (Call 04/01/23)<sup>(b)</sup> | 305 | 284414 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 04/01/29 (Call 04/01/24)<sup>(b)</sup> | 300 | 269520 |
| &nbsp;&nbsp;&nbsp;5.45%, 11/01/41 (Call 05/01/41) | 133 | 113829 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par/<br> Shares<br> (000)* | *Value* |
| **Toys, Games & Hobbies (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 12/15/27 (Call 12/15/23)<sup>(a)(b)</sup> | $305 | $304237 |
| &nbsp;&nbsp;&nbsp;6.20%, 10/01/40 | 110 | 102135 |
|  |  | 1074135 |
| **Transportation — 0.3%** |  |  |
| Cargo Aircraft Management Inc., 4.75%, 02/01/28 (Call 02/01/23)<sup>(b)</sup> | 290 | 261966 |
| Danaos Corp., 8.50%, 03/01/28 (Call 03/01/24)<sup>(b)</sup> | 140 | 134163 |
| First Student Bidco Inc./First Transit Parent Inc., 4.00%, 07/31/29 (Call 07/31/24)<sup>(b)</sup> | 370 | 308063 |
| XPO Escrow Sub LLC, 7.50%, 11/15/27 (Call 11/15/24)<sup>(a)(b)</sup> | 185 | 190106 |
|  |  | 894298 |
| **Trucking & Leasing — 0.4%** |  |  |
| AerCap Global Aviation Trust, 6.50%, 06/15/45 (Call 06/15/25)<sup>(b)(d)</sup> | 240 | 234679 |
| Fortress Transportation and Infrastructure Investors LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 05/01/28 (Call 05/01/24)<sup>(b)</sup> | 505 | 444419 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 10/01/25 (Call 10/01/23)<sup>(b)</sup> | 330 | 319440 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.75%, 08/01/27 (Call 08/01/23)<sup>(b)</sup> | 205 | 210748 |
|  |  | 1209286 |
| **Total Long-Term Investments — 98.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $289,807,716)** |  | 282135320 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 15.6%** |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, 4.56%<sup>(f)(g)(h)</sup> | 42378 | 42403788 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares<br> (000)* | *Value* |
| **Money Market Funds (continued)** |  |  |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 4.18%<sup>(f)(g)</sup> | 2470 | $2470000 |
| **Total Short-Term Securities — 15.6%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $44,843,106)** |  | 44873788 |
| **Total Investments — 114.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $334,650,822)** |  | 327009108 |
| **Liabilities in Excess of Other Assets — (14.0)%** |  | (40152899) |
| **Net Assets — 100.0%** |  | $286856209 |

---

<sup>(a)</sup> All or a portion of this security is on loan.

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

<sup>(c)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

<sup>(d)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

<sup>(e)</sup> Perpetual security with no stated maturity date.

<sup>(f)</sup> Affiliate of the Fund.

<sup>(g)</sup> Annualized 7-day yield as of period end.

<sup>(h)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at<br> 10/31/22* | *Purchases<br> at Cost* | *Proceeds<br> from Sale* | *Net Realized<br> Gain (Loss)* | *Change in<br> Unrealized<br> Appreciation<br> (Depreciation)* | *Value at<br> 01/31/23* | *Shares<br> Held at<br> 01/31/23<br> (000)* | *Income* | *Capital Gain<br> Distributions from<br> Underlying Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $29796195 | $12567774 <sup>(a)</sup> | $— | $5762 | $34057 | $42403788 | 42378 | $56320 <sup>(b)</sup> | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 4350000 |  | (1880000)<sup>(a)</sup> |  |  | 2470000 | 2470 | 48011 | 5 |
|  |  |  |  | $5762 | $34057 | $44873788 |  | $104331 | $5 |

---

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

● Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

● Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> BB Rated Corporate Bond ETF** |
| January 31, 2023 |  |

---

**Fair Value Hierarchy as of Period End (continued)**

inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes | $— | $282135320 | $— | $282135320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 44873788 |  |  | 44873788 |
|  | $44873788 | $282135320 | $— | $327009108 |

---

**Portfolio Abbreviation**

---

| | |
|:---|:---|
| LIBOR | London Interbank Offered Rate |
| PIK | Payment-in-kind |
| REIT | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares BB Rated Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000063139

- **c. LEI of Series:** 549300IN0HF4R5TLRD29

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $374788841.31

**Total Liabilities:** $87931257.38

**Net Assets:** $286857583.93

**Cash Not Reported:** $6385.99

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.58000000 | **1-Year:** 0.00000000 | **5-Year:** 777.58000000 | **10-Year:** 415.18000000 | **30-Year:** 0.00000000

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

- **3-Month:** 9.78000000 | **1-Year:** 5574.04000000 | **5-Year:** 90360.37000000 | **10-Year:** 17419.47000000 | **30-Year:** 10465.02000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000204721 | 2.11%                | -0.46%               | 3.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-566598.36              | $5953950.23                                |
| Month 2  | $-681737.38              | $-3114608.21                               |
| Month 3  | $3639182.31              | $6916215.25                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UNITED AIRLINES INC                            | United Airlines Inc                                                              | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    960000 | PA      | $911361.50    | 0.32%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                 | Brink's Co/The                                                                   | CUSIP: 109696AB0<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    205000 | PA      | $201976.25    | 0.07%             | 2025-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    410000 | PA      | $333125.00    | 0.12%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 67623CAD1<br>LEI: N/A                  | Long             | DBT              |  | US        |    145000 | PA      | $116480.16    | 0.04%             | 2026-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                        | INEOS Quattro Finance 2 Plc                                                      | CUSIP: 45674GAA2<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    215000 | PA      | $197335.60    | 0.07%             | 2026-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAM0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    175000 | PA      | $174118.06    | 0.06%             | 2025-10-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: —       |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    480000 | PA      | $449784.00    | 0.16%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $223203.36    | 0.08%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    280000 | PA      | $268942.80    | 0.09%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397XL2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190994.00    | 0.07%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                       | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAE7<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    216000 | PA      | $208111.68    | 0.07%             | 2025-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Calpine Corp                                   | Calpine Corp                                                                     | CUSIP: 131347CK0<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    193000 | PA      | $186665.53    | 0.07%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AK0<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    205000 | PA      | $193212.50    | 0.07%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                               | AMC Networks Inc                                                                 | CUSIP: 00164VAD5<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192002.02    | 0.07%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $312758.20    | 0.11%             | 2026-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    250000 | PA      | $245717.40    | 0.09%             | 2025-06-16      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ATP TOW / AND TELECOM                          | ATP Tower Holdings LLC / Andean Tower Partners Colombia SAS / Andean Telecom Par | CUSIP: 00216DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    180000 | PA      | $163800.00    | 0.06%             | 2026-04-27      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    240000 | PA      | $238111.20    | 0.08%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    590000 | PA      | $538375.00    | 0.19%             | 2026-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                         | Chesapeake Energy Corp                                                           | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    470000 | PA      | $463443.50    | 0.16%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| Ball Corp                                      | Ball Corp                                                                        | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    365000 | PA      | $359534.13    | 0.13%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599EB7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    230000 | PA      | $232804.85    | 0.08%             | 2025-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CROWN AMER/CAP CORP V                          | Crown Americas LLC / Crown Americas Capital Corp V                               | CUSIP: 22819KAB6<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    191000 | PA      | $182529.62    | 0.06%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137TAP0<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    240000 | PA      | $230232.00    | 0.08%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    210000 | PA      | $189860.36    | 0.07%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                       | Allison Transmission Inc                                                         | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    205000 | PA      | $194385.10    | 0.07%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                            | Allegiant Travel Co                                                              | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |    275000 | PA      | $268843.39    | 0.09%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                          | CUSIP: 747262AZ6<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    235000 | PA      | $151569.71    | 0.05%             | 2028-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $277410.00    | 0.10%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                         | Southwestern Energy Co                                                           | CUSIP: 845467AP4<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    140000 | PA      | $147047.60    | 0.05%             | 2028-09-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| MOOG INC                                       | Moog Inc                                                                         | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |    250000 | PA      | $231875.00    | 0.08%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    250000 | PA      | $244437.50    | 0.09%             | 2025-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                  | Nordstrom Inc                                                                    | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    455000 | PA      | $306952.10    | 0.11%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| HUGHES SATELLITE SYSTEMS                       | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $382656.25    | 0.13%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRIES INC                        | Standard Industries Inc/NJ                                                       | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    780000 | PA      | $666799.29    | 0.23%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                           | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAE8<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    210000 | PA      | $195052.24    | 0.07%             | 2027-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                           | EnLink Midstream LLC                                                             | CUSIP: 29336TAD2<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |    340000 | PA      | $346375.00    | 0.12%             | 2030-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $200809.40    | 0.07%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CIENA CORP                                     | Ciena Corp                                                                       | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    205000 | PA      | $179375.00    | 0.06%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| VIAVI SOLUTIONS INC                            | Viavi Solutions Inc                                                              | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    200000 | PA      | $174500.00    | 0.06%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| NEPTUNE ENERGY BONDCO                          | Neptune Energy Bondco PLC                                                        | CUSIP: 64073KAA1<br>LEI: 549300CPMT8I2QBRYF88 | Long             | DBT              | CORP              | GB        |    435000 | PA      | $429562.50    | 0.15%             | 2025-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Methanex Corp                                  | Methanex Corp                                                                    | CUSIP: 59151KAK4<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    145000 | PA      | $139859.75    | 0.05%             | 2024-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CROWNROCK LP/CROWNROCK F                       | CrownRock LP / CrownRock Finance Inc                                             | CUSIP: 228701AG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $169450.62    | 0.06%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                             | Ally Financial Inc                                                               | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    540000 | PA      | $536680.81    | 0.19%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| IHO Verwaltungs GmbH                           | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    180000 | PA      | $157490.86    | 0.05%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599CW3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191712.24    | 0.07%             | 2024-08-15      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| US CELLULAR CORP                               | United States Cellular Corp                                                      | CUSIP: 911684AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    245000 | PA      | $227850.00    | 0.08%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: —       |
| CHESAPEAKE ENERGY CORP                         | Chesapeake Energy Corp                                                           | CUSIP: 165167DF1<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    235000 | PA      | $227810.39    | 0.08%             | 2026-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                | Yum! Brands Inc                                                                  | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    160000 | PA      | $171317.60    | 0.06%             | 2037-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397WW9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $192508.32    | 0.07%             | 2024-09-08      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| TEXAS CAPITAL BANCSHARES                       | Texas Capital Bancshares Inc                                                     | CUSIP: 88224QAA5<br>LEI: 549300466Q2SXRX0YM48 | Long             | DBT              | CORP              | US        |    190000 | PA      | $172979.32    | 0.06%             | 2031-05-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                           | Commercial Metals Co                                                             | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    135000 | PA      | $116851.58    | 0.04%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| FirstEnergy Corp                               | FirstEnergy Corp                                                                 | CUSIP: 337932AC1<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    313000 | PA      | $361515.00    | 0.13%             | 2031-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DPL INC                                        | DPL Inc                                                                          | CUSIP: 233293AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $199943.71    | 0.07%             | 2025-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                       | Crowdstrike Holdings Inc                                                         | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    345000 | PA      | $296037.39    | 0.10%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184456.00    | 0.06%             | 2027-08-17      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                     | Sprint LLC                                                                       | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1245817.64   | 0.43%             | 2024-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $323326.90    | 0.11%             | 2030-12-31      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Holdings LLC                              | Ford Holdings LLC                                                                | CUSIP: 345277AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $45900.00     | 0.02%             | 2030-03-01      | Fixed         | 9.30%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                         | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AB9<br>LEI: N/A                  | Long             | DBT              |  | US        |    205000 | PA      | $200387.50    | 0.07%             | 2025-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| XEROX CORPORATION                              | Xerox Corp                                                                       | CUSIP: 984121CL5<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    120000 | PA      | $81909.59     | 0.03%             | 2035-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    465000 | PA      | $419081.25    | 0.15%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                            | Kinetik Holdings LP                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    505000 | PA      | $479750.00    | 0.17%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $371450.00    | 0.13%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAA8<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    155000 | PA      | $149962.50    | 0.05%             | 2024-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $308762.49    | 0.11%             | 2025-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                   | ams-OSRAM AG                                                                     | CUSIP: 03217CAA4<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |    245000 | PA      | $235820.52    | 0.08%             | 2025-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ZIFF DAVIS INC                                 | Ziff Davis Inc                                                                   | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |    240000 | PA      | $212654.40    | 0.07%             | 2030-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| UniCredit SpA                                  | UniCredit SpA                                                                    | CUSIP: 904678AQ2<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    615000 | PA      | $597943.24    | 0.21%             | 2034-04-02      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    240000 | PA      | $238500.00    | 0.08%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| APACHE CORP                                    | Apache Corp                                                                      | CUSIP: 037411BF1<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    290000 | PA      | $265303.60    | 0.09%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AX4<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    410000 | PA      | $335240.18    | 0.12%             | 2031-09-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    370000 | PA      | $350393.70    | 0.12%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $189620.58    | 0.07%             | 2027-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                             | Mattamy Group Corp                                                               | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    240000 | PA      | $219600.00    | 0.08%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    510000 | PA      | $397570.50    | 0.14%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    340000 | PA      | $332044.00    | 0.12%             | 2030-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              |  | US        |    310000 | PA      | $257557.30    | 0.09%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                       | Masonite International Corp                                                      | CUSIP: 575385AD1<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |    235000 | PA      | $219964.70    | 0.08%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD                        | Perenti Finance Pty Ltd                                                          | CUSIP: 71367VAA7<br>LEI: 894500ZDIIAOXSQHE612 | Long             | DBT              | CORP              | AU        |    245000 | PA      | $239904.00    | 0.08%             | 2025-10-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    785000 | PA      | $748144.25    | 0.26%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| TOPBUILD CORP                                  | TopBuild Corp                                                                    | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170470.00    | 0.06%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| STONEX GROUP INC                               | StoneX Group Inc                                                                 | CUSIP: 46116VAE5<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175875.00    | 0.06%             | 2025-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| Methanex Corp                                  | Methanex Corp                                                                    | CUSIP: 59151KAJ7<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    145000 | PA      | $119171.48    | 0.04%             | 2044-12-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    445000 | PA      | $423306.25    | 0.15%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    380000 | PA      | $338834.60    | 0.12%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| RANGE RESOURCES CORP                           | Range Resources Corp                                                             | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    275000 | PA      | $282711.00    | 0.10%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    200000 | PA      | $170563.79    | 0.06%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    480000 | PA      | $450502.80    | 0.16%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| WEIR GROUP PLC (THE)                           | Weir Group PLC/The                                                               | CUSIP: 94876QAA4<br>LEI: 549300KDR56WHY9I3D10 | Long             | DBT              | CORP              | GB        |    360000 | PA      | $322657.68    | 0.11%             | 2026-05-13      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    595000 | PA      | $555581.25    | 0.19%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DYCOM INDUSTRIES INC                           | Dycom Industries Inc                                                             | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |    255000 | PA      | $228288.75    | 0.08%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    370000 | PA      | $310200.60    | 0.11%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TWILIO INC                                     | Twilio Inc                                                                       | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    235000 | PA      | $199527.93    | 0.07%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGE0<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |    265000 | PA      | $234048.00    | 0.08%             | 2026-11-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| MSCI INC                                       | MSCI Inc                                                                         | CUSIP: 55354GAQ3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    340000 | PA      | $278800.00    | 0.10%             | 2033-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    750000 | PA      | $706942.50    | 0.25%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ABERCROMBIE & FITCH MANA                       | Abercrombie & Fitch Management Co                                                | CUSIP: 003000AA4<br>LEI: 5493003QMCFDA98NPT74 | Long             | DBT              | CORP              | US        |    155000 | PA      | $156550.00    | 0.05%             | 2025-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| INTESA SANPAOLO SPA                            | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBS5<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    345000 | PA      | $249694.34    | 0.09%             | 2042-06-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                     | Air Canada                                                                       | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    575000 | PA      | $531873.37    | 0.19%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY INC                             | SunCoke Energy Inc                                                               | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |    240000 | PA      | $211200.00    | 0.07%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NUFARM AUSTRALIA/AMERICA                       | Nufarm Australia Ltd / Nufarm Americas Inc                                       | CUSIP: 67052NAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    180000 | PA      | $163316.75    | 0.06%             | 2030-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    285000 | PA      | $274962.30    | 0.10%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    540000 | PA      | $573289.65    | 0.20%             | 2030-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                            | Meritage Homes Corp                                                              | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    205000 | PA      | $181681.25    | 0.06%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                         | Harvest Midstream I LP                                                           | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    420000 | PA      | $413175.00    | 0.14%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    520000 | PA      | $457635.20    | 0.16%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AE4<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    185000 | PA      | $176675.00    | 0.06%             | 2025-06-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL                       | Korn Ferry                                                                       | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |    210000 | PA      | $197400.00    | 0.07%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| KOHL'S CORPORATION                             | Kohl's Corp                                                                      | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    240000 | PA      | $177820.80    | 0.06%             | 2031-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AM7<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    300000 | PA      | $244711.50    | 0.09%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    185000 | PA      | $172050.00    | 0.06%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                          | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $217207.10    | 0.08%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Qwest Corp                                     | Qwest Corp                                                                       | CUSIP: 912920AK1<br>LEI: 549300R2L4N683OO1509 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125187.50    | 0.04%             | 2025-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                           | Commercial Metals Co                                                             | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    135000 | PA      | $118427.32    | 0.04%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397YT4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180500.00    | 0.06%             | 2027-11-02      | Fixed         | 3.82%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                        | QVC Inc                                                                          | CUSIP: 747262AM5<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    155000 | PA      | $80144.58     | 0.03%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE C0-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    410000 | PA      | $325146.40    | 0.11%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEMPO ACQUISITION LLC/FI                       | Tempo Acquisition LLC / Tempo Acquisition Finance Corp                           | CUSIP: 88023JAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $75712.50     | 0.03%             | 2025-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    370000 | PA      | $333051.80    | 0.12%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| TERRAFORM POWER OPERATIN                       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    340000 | PA      | $319369.65    | 0.11%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corp                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAR0<br>LEI: 5493007M1XGU5E55ZJ25 | Long             | DBT              | CORP              | CA        |    510000 | PA      | $474340.80    | 0.17%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                       | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                     | CUSIP: 432891AK5<br>LEI: 549300406TN7EY0NPH20 | Long             | DBT              | CORP              | US        |    305000 | PA      | $295284.86    | 0.10%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    370000 | PA      | $344174.32    | 0.12%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                       | CQP Holdco LP / BIP-V Chinook Holdco LLC                                         | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    680000 | PA      | $619218.20    | 0.22%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                 | CUSIP: 172441BC0<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    135000 | PA      | $137491.17    | 0.05%             | 2025-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    930000 | PA      | $828076.65    | 0.29%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    235000 | PA      | $227953.53    | 0.08%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS ESCROW CORP                           | Entegris Escrow Corp                                                             | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    435000 | PA      | $417743.55    | 0.15%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AX8<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118640.00    | 0.04%             | 2024-04-08      | Fixed         | 2.30%                 | No            |                  2 | On Loan: —       |
| CRESTWOOD MID PARTNER LP                       | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AR9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $393697.01    | 0.14%             | 2029-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| APACHE CORP                                    | Apache Corp                                                                      | CUSIP: 037411BG9<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    195000 | PA      | $161323.46    | 0.06%             | 2049-07-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                      | Ball Corp                                                                        | CUSIP: 058498AT3<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    485000 | PA      | $482628.35    | 0.17%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUMMIT MATERIALS LLC/FIN                       | Summit Materials LLC / Summit Materials Finance Corp                             | CUSIP: 86614RAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $159505.60    | 0.06%             | 2027-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    370000 | PA      | $313806.25    | 0.11%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                | Hillenbrand Inc                                                                  | CUSIP: 431571AE8<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    155000 | PA      | $130200.00    | 0.05%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $322200.63    | 0.11%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                             | Forestar Group Inc                                                               | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |    145000 | PA      | $126512.89    | 0.04%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAD9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    110000 | PA      | $101750.00    | 0.04%             | 2038-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    241000 | PA      | $212974.11    | 0.07%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    235000 | PA      | $210130.62    | 0.07%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $337610.40    | 0.12%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    370000 | PA      | $323728.13    | 0.11%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GANNETT HOLDINGS LLC                           | Gannett Holdings LLC                                                             | CUSIP: 36474GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $131464.71    | 0.05%             | 2026-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                | Sealed Air Corp                                                                  | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    235000 | PA      | $244251.95    | 0.09%             | 2033-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Mattel Inc                                     | Mattel Inc                                                                       | CUSIP: 577081AU6<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    110000 | PA      | $102135.00    | 0.04%             | 2040-10-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAG2<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |    110000 | PA      | $74250.00     | 0.03%             | 2042-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE/GLOBAL                        | Global Net Lease Inc / Global Net Lease Operating Partnership LP                 | CUSIP: 37892AAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |    235000 | PA      | $198635.46    | 0.07%             | 2027-12-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370BY5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     80000 | PA      | $83326.40     | 0.03%             | 2028-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| JAZZ SECURITIES DAC                            | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    775000 | PA      | $707063.50    | 0.25%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| M/I HOMES INC                                  | M/I Homes Inc                                                                    | CUSIP: 55305BAV3<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |    145000 | PA      | $121982.70    | 0.04%             | 2030-02-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    480000 | PA      | $388608.00    | 0.14%             | 2081-06-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    240000 | PA      | $239445.60    | 0.08%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Steelcase Inc                                  | Steelcase Inc                                                                    | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |    215000 | PA      | $191924.05    | 0.07%             | 2029-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    220000 | PA      | $211129.60    | 0.07%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    455000 | PA      | $384397.65    | 0.13%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    480000 | PA      | $441600.00    | 0.15%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    695000 | PA      | $575112.50    | 0.20%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS THEME PARKS                          | Six Flags Theme Parks Inc                                                        | CUSIP: 83001WAC8<br>LEI: 5493003MX0ZXTM8EVY68 | Long             | DBT              | CORP              | US        |    133000 | PA      | $134451.38    | 0.05%             | 2025-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    740000 | PA      | $610041.20    | 0.21%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CROWNROCK LP/CROWNROCK F                       | CrownRock LP / CrownRock Finance Inc                                             | CUSIP: 228701AF5<br>LEI: WFBCP6PB6JZR80B7U482 | Long             | DBT              | CORP              | US        |    475000 | PA      | $463125.00    | 0.16%             | 2025-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    300000 | PA      | $258735.00    | 0.09%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORPORATION                         | Murphy Oil Corp                                                                  | CUSIP: 626717AA0<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    120000 | PA      | $122858.40    | 0.04%             | 2029-05-01      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    440000 | PA      | $446182.00    | 0.16%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                           | GrafTech Finance Inc                                                             | CUSIP: 384311AA4<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |    240000 | PA      | $204546.70    | 0.07%             | 2028-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    640000 | PA      | $579161.60    | 0.20%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $216000.00    | 0.08%             | 2031-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ashland LLC                                    | Ashland LLC                                                                      | CUSIP: 044209AM6<br>LEI: 6O4MRU8C1MS0K34UQF79 | Long             | DBT              | CORP              | US        |    148000 | PA      | $147633.86    | 0.05%             | 2043-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAH3<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    415000 | PA      | $407534.15    | 0.14%             | 2027-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                       | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AT5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $95593.75     | 0.03%             | 2031-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                       | MSCI Inc                                                                         | CUSIP: 55354GAM2<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    300000 | PA      | $256409.54    | 0.09%             | 2031-11-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                       | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAG2<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    235000 | PA      | $195482.56    | 0.07%             | 2047-06-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    370000 | PA      | $360479.90    | 0.13%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    300000 | PA      | $246070.50    | 0.09%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    410000 | PA      | $340976.54    | 0.12%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                     | Sprint LLC                                                                       | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    740000 | PA      | $782673.22    | 0.27%             | 2026-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $279000.00    | 0.10%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                             | Kohl's Corp                                                                      | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    190000 | PA      | $124920.84    | 0.04%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: —       |
| Meritage Homes Corp                            | Meritage Homes Corp                                                              | CUSIP: 59001ABA9<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    158000 | PA      | $151285.00    | 0.05%             | 2027-06-06      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                            | Sprint Capital Corp                                                              | CUSIP: 852060AT9<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |    980000 | PA      | $1210300.00   | 0.42%             | 2032-03-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    170000 | PA      | $163625.00    | 0.06%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                               | DT Midstream Inc                                                                 | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    545000 | PA      | $478237.50    | 0.17%             | 2029-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    290000 | PA      | $265330.31    | 0.09%             | 2030-01-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| EnLink Midstream LLC                           | EnLink Midstream LLC                                                             | CUSIP: 29336TAA8<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |    236000 | PA      | $227457.98    | 0.08%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    410000 | PA      | $378225.00    | 0.13%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    175000 | PA      | $155750.00    | 0.05%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AQ7<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    137000 | PA      | $137326.21    | 0.05%             | 2027-01-15      | Fixed         | 6.69%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    265000 | PA      | $260481.75    | 0.09%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                       | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    235000 | PA      | $233492.95    | 0.08%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                              | Newell Brands Inc                                                                | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    210000 | PA      | $187089.00    | 0.07%             | 2036-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BIG RIVER STEEL/BRS FIN                        | Big River Steel LLC / BRS Finance Corp                                           | CUSIP: 08949LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $343276.29    | 0.12%             | 2029-01-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| AERCAP GLOBAL AVIATION T                       | AerCap Global Aviation Trust                                                     | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |    240000 | PA      | $234679.20    | 0.08%             | 2045-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KB HOME                                        | KB Home                                                                          | CUSIP: 48666KAZ2<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    172000 | PA      | $143420.27    | 0.05%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                           | Las Vegas Sands Corp                                                             | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    480000 | PA      | $447209.32    | 0.16%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    275000 | PA      | $277876.41    | 0.10%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAR2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    245000 | PA      | $237520.15    | 0.08%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| TEMPUR SEALY INTL INC                          | Tempur Sealy International Inc                                                   | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    380000 | PA      | $313085.80    | 0.11%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    240000 | PA      | $235036.80    | 0.08%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ALGONQUIN PWR & UTILITY                        | Algonquin Power & Utilities Corp                                                 | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    345000 | PA      | $291525.00    | 0.10%             | 2082-01-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                       | MSCI Inc                                                                         | CUSIP: 55354GAK6<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    440000 | PA      | $382982.86    | 0.13%             | 2030-09-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAN0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    240000 | PA      | $239700.00    | 0.08%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SUPERIOR PLUS/GEN PRTNR                        | Superior Plus LP / Superior General Partner Inc                                  | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    305000 | PA      | $269543.75    | 0.09%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AERCAP HOLDINGS NV                             | AerCap Holdings NV                                                               | CUSIP: 00774YAA7<br>LEI: 549300SZYINBBLJQU475 | Long             | DBT              | CORP              | NL        |    365000 | PA      | $349589.70    | 0.12%             | 2079-10-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL                               | Midcap Financial Issuer Trust                                                    | CUSIP: 59590AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $145350.00    | 0.05%             | 2030-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    370000 | PA      | $357975.00    | 0.12%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                           | EnLink Midstream LLC                                                             | CUSIP: 29336TAC4<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |    240000 | PA      | $234600.00    | 0.08%             | 2028-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $371132.90    | 0.13%             | 2024-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    340000 | PA      | $332870.51    | 0.12%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| FIRSTENERGY CORP                               | FirstEnergy Corp                                                                 | CUSIP: 337932AN7<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    155000 | PA      | $139129.41    | 0.05%             | 2026-01-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Delta Air Lines Inc                            | Delta Air Lines Inc                                                              | CUSIP: 247361ZN1<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    210000 | PA      | $195150.90    | 0.07%             | 2028-04-19      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    380000 | PA      | $334042.72    | 0.12%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 63938CAB4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    240000 | PA      | $237369.60    | 0.08%             | 2024-10-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                         | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |    470000 | PA      | $417125.00    | 0.15%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| KB HOME                                        | KB Home                                                                          | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    153000 | PA      | $137306.79    | 0.05%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    325000 | PA      | $290062.50    | 0.10%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    265000 | PA      | $260031.25    | 0.09%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| INGLES MARKETS INC                             | Ingles Markets Inc                                                               | CUSIP: 457030AK0<br>LEI: 549300XH5RYBMYP8TF26 | Long             | DBT              | CORP              | US        |    185000 | PA      | $159401.37    | 0.06%             | 2031-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    520000 | PA      | $504613.10    | 0.18%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARCONIC CORP                                   | Arconic Corp                                                                     | CUSIP: 03966VAA5<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |    440000 | PA      | $422749.16    | 0.15%             | 2028-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    300000 | PA      | $274572.00    | 0.10%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                | Fair Isaac Corp                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    440000 | PA      | $408542.20    | 0.14%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $343782.20    | 0.12%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Liberty Mutual Group Inc                       | Liberty Mutual Group Inc                                                         | CUSIP: 53079EAN4<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    205000 | PA      | $228254.69    | 0.08%             | 2037-03-15      | Fixed         | 7.80%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    300000 | PA      | $269980.40    | 0.09%             | 2032-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| VECTOR GROUP LTD                               | Vector Group Ltd                                                                 | CUSIP: 92240MBL1<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |    420000 | PA      | $366235.80    | 0.13%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                               | FirstEnergy Corp                                                                 | CUSIP: 337932AP2<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    235000 | PA      | $193007.85    | 0.07%             | 2030-09-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $224086.65    | 0.08%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DD4<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    325000 | PA      | $361562.50    | 0.13%             | 2031-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD / LTEE                           | Videotron Ltd                                                                    | CUSIP: 92660FAK0<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    305000 | PA      | $292775.60    | 0.10%             | 2027-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| CARNIVAL CORP                                  | Carnival Corp                                                                    | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1160000 | PA      | $1002216.80   | 0.35%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                               | Paramount Global                                                                 | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    480000 | PA      | $418785.60    | 0.15%             | 2062-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| PENSKE AUTOMOTIVE GROUP                        | Penske Automotive Group Inc                                                      | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    280000 | PA      | $265174.00    | 0.09%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                          | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1630449.00   | 0.57%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAS8<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    281000 | PA      | $240949.07    | 0.08%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| Crown Cork & Seal Co Inc                       | Crown Cork & Seal Co Inc                                                         | CUSIP: 228255AH8<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |    175000 | PA      | $182802.38    | 0.06%             | 2026-12-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Graham Holdings Co                             | Graham Holdings Co                                                               | CUSIP: 384637AA2<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |    205000 | PA      | $202437.50    | 0.07%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Genworth Holdings Inc                          | Genworth Holdings Inc                                                            | CUSIP: 37247DAB2<br>LEI: PXDECZED7L8SRUP41R09 | Long             | DBT              | CORP              | US        |    120000 | PA      | $107673.73    | 0.04%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                    | Avient Corp                                                                      | CUSIP: 05368VAA4<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352607.01    | 0.12%             | 2030-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| LPL HOLDINGS INC                               | LPL Holdings Inc                                                                 | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    440000 | PA      | $393800.00    | 0.14%             | 2029-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    610000 | PA      | $542900.00    | 0.19%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN                       | Minerals Technologies Inc                                                        | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    210000 | PA      | $192045.00    | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR ENERGY RESOURCE                       | Endeavor Energy Resources LP / EER Finance Inc                                   | CUSIP: 29260FAE0<br>LEI: 549300WY5QI80P9WHD46 | Long             | DBT              | CORP              | US        |    470000 | PA      | $460600.00    | 0.16%             | 2028-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp                           | Western Digital Corp                                                             | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $1077368.75   | 0.38%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAC5<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    205000 | PA      | $210747.65    | 0.07%             | 2027-08-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC                             | Enstar Finance LLC                                                               | CUSIP: 29360AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $210323.94    | 0.07%             | 2042-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    340000 | PA      | $323850.00    | 0.11%             | 2027-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                  | PRA Group Inc                                                                    | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    175000 | PA      | $150209.18    | 0.05%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| VISTA OUTDOOR INC                              | Vista Outdoor Inc                                                                | CUSIP: 928377AC4<br>LEI: 549300QI2D33ESTJLN81 | Long             | DBT              | CORP              | US        |    260000 | PA      | $210600.00    | 0.07%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAC1<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    175000 | PA      | $154026.25    | 0.05%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    340000 | PA      | $292349.00    | 0.10%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    404000 | PA      | $355895.72    | 0.12%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    235000 | PA      | $224252.92    | 0.08%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                        | VZ Secured Financing BV                                                          | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    675000 | PA      | $578022.75    | 0.20%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                        | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                            | CUSIP: 82453AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $217819.20    | 0.08%             | 2026-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UniCredit SpA                                  | UniCredit SpA                                                                    | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    485000 | PA      | $450849.87    | 0.16%             | 2032-06-19      | Fixed         | 5.86%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAA5<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    145000 | PA      | $139562.50    | 0.05%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    470000 | PA      | $383003.00    | 0.13%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TURNING POINT BRANDS INC                       | Turning Point Brands Inc                                                         | CUSIP: 90041LAF2<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |    110000 | PA      | $99667.75     | 0.03%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    545000 | PA      | $472242.50    | 0.16%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                         | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    390000 | PA      | $342989.40    | 0.12%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 013817AW1<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    520000 | PA      | $517400.00    | 0.18%             | 2024-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAA0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    380000 | PA      | $373650.20    | 0.13%             | 2025-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    310000 | PA      | $266632.91    | 0.09%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                               | Berry Global Inc                                                                 | CUSIP: 08576PAA9<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    155000 | PA      | $150417.81    | 0.05%             | 2026-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KOHL'S CORPORATION                             | Kohl's Corp                                                                      | CUSIP: 500255AU8<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    175000 | PA      | $167905.50    | 0.06%             | 2025-07-17      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                     | Mattel Inc                                                                       | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    305000 | PA      | $304237.50    | 0.11%             | 2027-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD/RWLV CAP                         | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 76120HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $139127.80    | 0.05%             | 2031-04-06      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    610000 | PA      | $562883.72    | 0.20%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| RITCHIE BROS AUCTIONEERS                       | Ritchie Bros Auctioneers Inc                                                     | CUSIP: 767744AA3<br>LEI: 5493002H8U24DJXQ4886 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $197537.02    | 0.07%             | 2025-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                    | Gap Inc/The                                                                      | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    345000 | PA      | $256810.15    | 0.09%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| NEXTERA ENERGY OPERATING                       | NextEra Energy Operating Partners LP                                             | CUSIP: 65342QAL6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    255000 | PA      | $236514.27    | 0.08%             | 2026-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                              | Amsted Industries Inc                                                            | CUSIP: 032177AJ6<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    190000 | PA      | $170251.40    | 0.06%             | 2030-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAH6<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    190000 | PA      | $190043.87    | 0.07%             | 2024-11-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                             | AMN Healthcare Inc                                                               | CUSIP: 00175PAC7<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |    165000 | PA      | $143125.95    | 0.05%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $300700.00    | 0.10%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                              | Xerox Corp                                                                       | CUSIP: 984121CB7<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    165000 | PA      | $128716.22    | 0.04%             | 2039-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY PARTNERS LP                       | Viper Energy Partners LP                                                         | CUSIP: 92763MAA3<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193588.00    | 0.07%             | 2027-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    315000 | PA      | $322497.00    | 0.11%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 871503AU2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    545000 | PA      | $534100.00    | 0.19%             | 2025-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INFO MGMT                        | Iron Mountain Information Management Services Inc                                | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |    370000 | PA      | $320790.57    | 0.11%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599EC5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    210000 | PA      | $218155.73    | 0.08%             | 2028-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              |  | US        |    440000 | PA      | $342100.00    | 0.12%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |    370000 | PA      | $324834.10    | 0.11%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    715000 | PA      | $613205.45    | 0.21%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                              | Newell Brands Inc                                                                | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    950000 | PA      | $902538.00    | 0.31%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $490360.75    | 0.17%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| JELD-WEN INC                                   | JELD-WEN Inc                                                                     | CUSIP: 475795AE0<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |    125000 | PA      | $119756.01    | 0.04%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDI                               | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B69<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    125000 | PA      | $103970.13    | 0.04%             | 2031-06-17      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                      | Nokia Oyj                                                                        | CUSIP: 654902AC9<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    235000 | PA      | $239453.25    | 0.08%             | 2039-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    265000 | PA      | $239527.54    | 0.08%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TWILIO INC                                     | Twilio Inc                                                                       | CUSIP: 90138FAD4<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    235000 | PA      | $193988.41    | 0.07%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                            | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  43706234 | NS      | $43732457.50  | 15.25%            |  |  |  | No            |                  1 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    235000 | PA      | $210912.50    | 0.07%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $235850.00    | 0.08%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    378000 | PA      | $359100.00    | 0.13%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958667AC1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    575000 | PA      | $526562.00    | 0.18%             | 2030-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                              | Chord Energy Corp                                                                | CUSIP: 674215AL2<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    205000 | PA      | $201925.00    | 0.07%             | 2026-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    745000 | PA      | $650973.55    | 0.23%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CROWN AMERICAS LLC                             | Crown Americas LLC                                                               | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    235000 | PA      | $226187.50    | 0.08%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| SENSATA TECH INC                               | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    229000 | PA      | $207304.54    | 0.07%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    380000 | PA      | $355430.37    | 0.12%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    240000 | PA      | $220683.18    | 0.08%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DH5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    130000 | PA      | $149175.00    | 0.05%             | 2039-06-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corp                            | Sprint Capital Corp                                                              | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1289153.48   | 0.45%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GR                       | Cogent Communications Group Inc                                                  | CUSIP: 19240CAC7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    255000 | PA      | $236093.03    | 0.08%             | 2026-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    440000 | PA      | $366809.43    | 0.13%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAC7<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    630000 | PA      | $535153.50    | 0.19%             | 2033-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SOUTHWESTERN ENERGY CO                         | Southwestern Energy Co                                                           | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    585000 | PA      | $544781.25    | 0.19%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    615000 | PA      | $529052.27    | 0.18%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| SYNCHRONY FINANCIAL                            | Synchrony Financial                                                              | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250320.30    | 0.09%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 013817AK7<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    292000 | PA      | $294744.80    | 0.10%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| FRST STU BID/FRST TRANS                        | First Student Bidco Inc / First Transit Parent Inc                               | CUSIP: 337120AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $308063.33    | 0.11%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    216000 | PA      | $162196.56    | 0.06%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    825000 | PA      | $799062.00    | 0.28%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    378000 | PA      | $374265.36    | 0.13%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                       | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAD9<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    230000 | PA      | $180813.87    | 0.06%             | 2045-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Fluor Corp                                     | Fluor Corp                                                                       | CUSIP: 343412AF9<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |    275000 | PA      | $256466.38    | 0.09%             | 2028-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| FIRSTENERGY CORP                               | FirstEnergy Corp                                                                 | CUSIP: 337932AM9<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    410000 | PA      | $291268.10    | 0.10%             | 2050-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    265000 | PA      | $254341.06    | 0.09%             | 2027-04-28      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                           | IHO Verwaltungs GmbH                                                             | CUSIP: 80627DAC0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    250000 | PA      | $228670.00    | 0.08%             | 2026-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    405000 | PA      | $359684.55    | 0.13%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    750000 | PA      | $685485.00    | 0.24%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                       | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |    255000 | PA      | $235187.93    | 0.08%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| OLIN CORP                                      | Olin Corp                                                                        | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    320000 | PA      | $311403.74    | 0.11%             | 2029-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140118.00    | 0.05%             | 2031-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                    | CUSIP: 829259BA7<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    395000 | PA      | $314025.00    | 0.11%             | 2030-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAL5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    230000 | PA      | $224874.42    | 0.08%             | 2025-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                  | CoreCivic Inc                                                                    | CUSIP: 21871NAB7<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    295000 | PA      | $301617.91    | 0.11%             | 2026-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                            | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    740000 | PA      | $727169.24    | 0.25%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599EE1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    180000 | PA      | $181213.20    | 0.06%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    205000 | PA      | $201156.25    | 0.07%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    480000 | PA      | $436243.20    | 0.15%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                       | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBL7<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    390000 | PA      | $254261.88    | 0.09%             | 2061-02-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                  | UniCredit SpA                                                                    | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |    720000 | PA      | $629900.44    | 0.22%             | 2035-06-30      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| MASONITE INTERNATIONAL C                       | Masonite International Corp                                                      | CUSIP: 575385AE9<br>LEI: 549300H0H07ZFT4JYM32 | Long             | DBT              | CORP              | CA        |    185000 | PA      | $152704.10    | 0.05%             | 2030-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $501000.00    | 0.17%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENERSYS                                        | EnerSys                                                                          | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    151000 | PA      | $139486.25    | 0.05%             | 2027-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAG0<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    302000 | PA      | $298832.02    | 0.10%             | 2025-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| CELLNEX FINANCE                                | Cellnex Finance Co SA                                                            | CUSIP: 15118JAA3<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |    285000 | PA      | $210374.81    | 0.07%             | 2041-07-07      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DANAOS CORP                                    | Danaos Corp                                                                      | CUSIP: 23585WAA2<br>LEI: 734IM3DNDNT36T7YTD24 | Long             | DBT              | CORP              | MH        |    140000 | PA      | $134162.48    | 0.05%             | 2028-03-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                               | FirstEnergy Corp                                                                 | CUSIP: 337932AL1<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    300000 | PA      | $256332.00    | 0.09%             | 2030-03-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    590000 | PA      | $518812.52    | 0.18%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Olin Corp                                      | Olin Corp                                                                        | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    245000 | PA      | $231574.00    | 0.08%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    865000 | PA      | $909659.95    | 0.32%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    165000 | PA      | $139179.15    | 0.05%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    380000 | PA      | $370500.00    | 0.13%             | 2032-04-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    210000 | PA      | $185976.00    | 0.06%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    235000 | PA      | $226187.50    | 0.08%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                        | QVC Inc                                                                          | CUSIP: 747262AU7<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    290000 | PA      | $246949.50    | 0.09%             | 2025-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAG9<br>LEI: N/A                  | Long             | DBT              |  | US        |    242000 | PA      | $220140.14    | 0.08%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    380000 | PA      | $346275.00    | 0.12%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                            | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HAT4<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    970000 | PA      | $946333.39    | 0.33%             | 2024-06-26      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $186917.44    | 0.07%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    300000 | PA      | $232531.98    | 0.08%             | 2033-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NEWS CORP                                      | News Corp                                                                        | CUSIP: 65249BAB5<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |    240000 | PA      | $225960.00    | 0.08%             | 2032-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $258683.50    | 0.09%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 81618TAE0<br>LEI: N/A                  | Long             | DBT              |  | US        |    175000 | PA      | $169833.79    | 0.06%             | 2024-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ENACT HOLDINGS INC                             | Enact Holdings Inc                                                               | CUSIP: 37255LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $339825.00    | 0.12%             | 2025-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAK0<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    380000 | PA      | $361095.00    | 0.13%             | 2025-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                        | International Game Technology PLC                                                | CUSIP: 460599AC7<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    340000 | PA      | $343563.20    | 0.12%             | 2025-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                       | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAA2<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    160000 | PA      | $152298.96    | 0.05%             | 2027-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                            | United Airlines Inc                                                              | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    980000 | PA      | $893868.02    | 0.31%             | 2029-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZJ5<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $194239.58    | 0.07%             | 2025-06-09      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAM9<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    260000 | PA      | $220333.49    | 0.08%             | 2040-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 81618TAC4<br>LEI: N/A                  | Long             | DBT              |  | US        |    309000 | PA      | $287479.72    | 0.10%             | 2025-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 000000000<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    185000 | PA      | $186646.50    | 0.07%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CUSHMAN & WAKEFIELD US                         | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $313732.25    | 0.11%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| Clearwater Paper Corp                          | Clearwater Paper Corp                                                            | CUSIP: 18538RAH6<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |    143000 | PA      | $138695.92    | 0.05%             | 2025-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| GREYSTAR REAL ESTATE PAR                       | Greystar Real Estate Partners LLC                                                | CUSIP: 39807UAB2<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |    297000 | PA      | $292078.71    | 0.10%             | 2025-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GCZ1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1339208.75   | 0.47%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corp                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAP4<br>LEI: 5493007M1XGU5E55ZJ25 | Long             | DBT              | CORP              | CA        |    239000 | PA      | $229836.46    | 0.08%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO INDUSTRIES                           | Winnebago Industries Inc                                                         | CUSIP: 974637AC4<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |    145000 | PA      | $139439.31    | 0.05%             | 2028-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Drax Finco PLC                                 | Drax Finco PLC                                                                   | CUSIP: 26151AAA7<br>LEI: 5493000MW6H7G7JFNQ88 | Long             | DBT              | CORP              | GB        |    220000 | PA      | $214500.00    | 0.07%             | 2025-11-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                         | Millicom International Cellular SA                                               | CUSIP: 600814AQ0<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    324000 | PA      | $298353.10    | 0.10%             | 2029-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                         | Open Text Holdings Inc                                                           | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    308000 | PA      | $250231.52    | 0.09%             | 2031-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    990000 | PA      | $952875.00    | 0.33%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| BRITISH TELECOMMUNICATIO                       | British Telecommunications PLC                                                   | CUSIP: 11102AAG6<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    240000 | PA      | $197906.40    | 0.07%             | 2081-11-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                       | Weatherford International Ltd                                                    | CUSIP: 947075AT4<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    235000 | PA      | $233825.00    | 0.08%             | 2028-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                             | Forestar Group Inc                                                               | CUSIP: 346232AF8<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178218.98    | 0.06%             | 2026-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                          | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $173456.65    | 0.06%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    240000 | PA      | $192559.20    | 0.07%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                         | Southwestern Energy Co                                                           | CUSIP: 845467AT6<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    550000 | PA      | $484836.00    | 0.17%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $361809.90    | 0.13%             | 2025-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Patterson-UTI Energy Inc                       | Patterson-UTI Energy Inc                                                         | CUSIP: 703481AB7<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |    230000 | PA      | $208352.75    | 0.07%             | 2028-02-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                      | iStar Inc                                                                        | CUSIP: 45031UCG4<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |    240000 | PA      | $238200.00    | 0.08%             | 2025-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| ABC SUPPLY CO INC                              | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |    330000 | PA      | $300653.10    | 0.10%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    980000 | PA      | $872298.00    | 0.30%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                    | Gartner Inc                                                                      | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    405000 | PA      | $384745.95    | 0.13%             | 2028-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                        | Ohio National Financial Services Inc                                             | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |    220000 | PA      | $209316.29    | 0.07%             | 2030-01-24      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAJ5<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    175000 | PA      | $164518.69    | 0.06%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                        | Central Garden & Pet Co                                                          | CUSIP: 153527AP1<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    200000 | PA      | $167771.00    | 0.06%             | 2031-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                        | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    575000 | PA      | $560222.50    | 0.20%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    395000 | PA      | $375605.50    | 0.13%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| SILGAN HOLDINGS INC                            | Silgan Holdings Inc                                                              | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    295000 | PA      | $275435.60    | 0.10%             | 2028-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    235000 | PA      | $205187.90    | 0.07%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| DOMTAR CORP                                    | Domtar Corp                                                                      | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |    300000 | PA      | $275679.16    | 0.10%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    545000 | PA      | $513395.45    | 0.18%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| TOPBUILD CORP                                  | TopBuild Corp                                                                    | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    235000 | PA      | $199376.35    | 0.07%             | 2032-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| LAS VEGAS SANDS CORP                           | Las Vegas Sands Corp                                                             | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    850000 | PA      | $818024.21    | 0.29%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    675000 | PA      | $570601.13    | 0.20%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    320100 | PA      | $362462.03    | 0.13%             | 2032-12-01      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    540000 | PA      | $491313.60    | 0.17%             | 2032-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    265000 | PA      | $238168.75    | 0.08%             | 2028-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                    | Avient Corp                                                                      | CUSIP: 73179PAM8<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    330000 | PA      | $326586.34    | 0.11%             | 2025-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENSTAR FINANCE LLC                             | Enstar Finance LLC                                                               | CUSIP: 29360AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $156852.50    | 0.05%             | 2040-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    180000 | PA      | $167857.23    | 0.06%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    510000 | PA      | $442425.00    | 0.15%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    500000 | PA      | $426213.97    | 0.15%             | 2031-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    485000 | PA      | $446120.53    | 0.16%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DPL INC                                        | DPL Inc                                                                          | CUSIP: 233293AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    198000 | PA      | $180849.72    | 0.06%             | 2029-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    333000 | PA      | $286423.29    | 0.10%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    370000 | PA      | $334968.40    | 0.12%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                  | Nordstrom Inc                                                                    | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    165000 | PA      | $142480.59    | 0.05%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| PRA GROUP INC                                  | PRA Group Inc                                                                    | CUSIP: 69354NAC0<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    160000 | PA      | $158653.55    | 0.06%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    715000 | PA      | $600421.25    | 0.21%             | 2032-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| Under Armour Inc                               | Under Armour Inc                                                                 | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |    305000 | PA      | $276988.80    | 0.10%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KAY6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    220000 | PA      | $203511.00    | 0.07%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    235000 | PA      | $221819.03    | 0.08%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    194000 | PA      | $190616.64    | 0.07%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370CS7<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    195000 | PA      | $160822.35    | 0.06%             | 2046-12-08      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                           | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    187000 | PA      | $175439.66    | 0.06%             | 2028-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                           | Western Digital Corp                                                             | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    235000 | PA      | $180006.29    | 0.06%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    335000 | PA      | $288940.85    | 0.10%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $296437.50    | 0.10%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    179000 | PA      | $151488.44    | 0.05%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $282218.75    | 0.10%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    310000 | PA      | $257589.42    | 0.09%             | 2031-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                        | Grand Canyon University                                                          | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $165653.25    | 0.06%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL ISSR TR                       | Midcap Financial Issuer Trust                                                    | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    490000 | PA      | $431200.00    | 0.15%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    370000 | PA      | $342764.30    | 0.12%             | 2028-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                       | Allison Transmission Inc                                                         | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    470000 | PA      | $397446.10    | 0.14%             | 2031-01-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                  | LGI Homes Inc                                                                    | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    150000 | PA      | $121500.00    | 0.04%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| MILLICOM INTL CELLULAR                         | Millicom International Cellular SA                                               | CUSIP: 600814AN7<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    216900 | PA      | $193129.93    | 0.07%             | 2028-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| 180 MEDICAL INC                                | 180 Medical Inc                                                                  | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |    265000 | PA      | $234859.28    | 0.08%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    236000 | PA      | $228251.53    | 0.08%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAJ3<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $192871.40    | 0.07%             | 2025-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BN2<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    480000 | PA      | $406611.60    | 0.14%             | 2027-09-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    275000 | PA      | $234135.00    | 0.08%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CC4<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    157000 | PA      | $156283.54    | 0.05%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| Central Garden & Pet Co                        | Central Garden & Pet Co                                                          | CUSIP: 153527AM8<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    139000 | PA      | $132397.50    | 0.05%             | 2028-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| MILLICOM INTL CELLULAR                         | Millicom International Cellular SA                                               | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    410000 | PA      | $347065.00    | 0.12%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    205000 | PA      | $177532.82    | 0.06%             | 2030-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FOOT LOCKER INC                                | Foot Locker Inc                                                                  | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |    205000 | PA      | $173323.40    | 0.06%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    240000 | PA      | $219059.46    | 0.08%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    380000 | PA      | $326648.68    | 0.11%             | 2030-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                | Hanesbrands Inc                                                                  | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    440000 | PA      | $432330.80    | 0.15%             | 2024-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                | Hillenbrand Inc                                                                  | CUSIP: 431571AD0<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    205000 | PA      | $206154.15    | 0.07%             | 2025-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LOUISIANA-PACIFIC CORP                         | Louisiana-Pacific Corp                                                           | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |    180000 | PA      | $155821.36    | 0.05%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    390000 | PA      | $373735.05    | 0.13%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                    | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    445000 | PA      | $391515.45    | 0.14%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $343637.50    | 0.12%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370CR9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    235000 | PA      | $228681.34    | 0.08%             | 2026-12-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| Hologic Inc                                    | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190592.08    | 0.07%             | 2028-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBX7<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    470000 | PA      | $361312.50    | 0.13%             | 2081-06-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MUELLER WATER PRODUCTS                         | Mueller Water Products Inc                                                       | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |    190000 | PA      | $168515.11    | 0.06%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    185000 | PA      | $172512.50    | 0.06%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Meritage Homes Corp                            | Meritage Homes Corp                                                              | CUSIP: 59001AAY8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201082.00    | 0.07%             | 2025-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PDC Energy Inc                                 | PDC Energy Inc                                                                   | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |    385000 | PA      | $372345.05    | 0.13%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SHEA HOMES LP/FNDG CP                          | Shea Homes LP / Shea Homes Funding Corp                                          | CUSIP: 82088KAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $182683.70    | 0.06%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                        | Standard Industries Inc/NJ                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    480000 | PA      | $449832.00    | 0.16%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                         | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                   | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |    380000 | PA      | $368600.00    | 0.13%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    240000 | PA      | $241245.60    | 0.08%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                         | HAT Holdings I LLC / HAT Holdings II LLC                                         | CUSIP: 418751AD5<br>LEI: N/A                  | Long             | DBT              |  | US        |    165000 | PA      | $126106.59    | 0.04%             | 2030-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                       | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    760000 | PA      | $646019.97    | 0.23%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN                       | Northriver Midstream Finance LP                                                  | CUSIP: 66679NAA8<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |    270000 | PA      | $259200.00    | 0.09%             | 2026-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    380000 | PA      | $335327.20    | 0.12%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NEW FORTRESS ENERGY INC                        | New Fortress Energy Inc                                                          | CUSIP: 644393AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    715000 | PA      | $657914.31    | 0.23%             | 2026-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    378000 | PA      | $336741.30    | 0.12%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BB1<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244437.50    | 0.09%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AECOM                                          | AECOM                                                                            | CUSIP: 00774CAB3<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | DBT              | CORP              | US        |    485000 | PA      | $476561.00    | 0.17%             | 2027-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Amkor Technology Inc                           | Amkor Technology Inc                                                             | CUSIP: 031652BK5<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |    275000 | PA      | $276133.00    | 0.10%             | 2027-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TEMPUR SEALY INTL INC                          | Tempur Sealy International Inc                                                   | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    380000 | PA      | $331899.60    | 0.12%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                       | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op  | CUSIP: 150190AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    485000 | PA      | $481467.99    | 0.17%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |    740000 | PA      | $683416.42    | 0.24%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Murphy Oil USA Inc                             | Murphy Oil USA Inc                                                               | CUSIP: 626738AD0<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    148000 | PA      | $145205.76    | 0.05%             | 2027-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                            | Delta Air Lines Inc                                                              | CUSIP: 247361ZU5<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    440000 | PA      | $419707.20    | 0.15%             | 2024-10-28      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                    | Apache Corp                                                                      | CUSIP: 037411BE4<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    160000 | PA      | $147951.66    | 0.05%             | 2028-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    345000 | PA      | $321281.25    | 0.11%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAL4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    545000 | PA      | $460973.26    | 0.16%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Hanesbrands Inc                                | Hanesbrands Inc                                                                  | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    420000 | PA      | $391125.00    | 0.14%             | 2026-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAL9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    240000 | PA      | $230023.69    | 0.08%             | 2025-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    480000 | PA      | $469046.40    | 0.16%             | 2030-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| KB HOME                                        | KB Home                                                                          | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    164000 | PA      | $163743.39    | 0.06%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                           | Sonic Automotive Inc                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    307000 | PA      | $255146.17    | 0.09%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| Videotron Ltd                                  | Videotron Ltd                                                                    | CUSIP: 92660FAG9<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $297994.45    | 0.10%             | 2024-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZX4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $290546.63    | 0.10%             | 2024-11-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                           | WMG Acquisition Corp                                                             | CUSIP: 92933BAR5<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    405000 | PA      | $335878.65    | 0.12%             | 2031-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                  | Synaptics Inc                                                                    | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $173182.83    | 0.06%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| BWX TECHNOLOGIES INC                           | BWX Technologies Inc                                                             | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $179005.86    | 0.06%             | 2029-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ACADEMY LTD                                    | Academy Ltd                                                                      | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |    205000 | PA      | $199424.00    | 0.07%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| STERICYCLE INC                                 | Stericycle Inc                                                                   | CUSIP: 858912AG3<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |    235000 | PA      | $208506.10    | 0.07%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Brink's Co/The                                 | Brink's Co/The                                                                   | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    285000 | PA      | $265901.35    | 0.09%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                       | NextEra Energy Operating Partners LP                                             | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    274000 | PA      | $257894.28    | 0.09%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                    | Gartner Inc                                                                      | CUSIP: 366651AE7<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    405000 | PA      | $358931.25    | 0.13%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DRESDNER FNDG TRUST I                          | Dresdner Funding Trust I                                                         | CUSIP: 26156FAA1<br>LEI: 549300ZEO4BKB37E3J03 | Long             | DBT              | CORP              | US        |    465000 | PA      | $502200.00    | 0.18%             | 2031-06-30      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    200000 | PA      | $189934.50    | 0.07%             | 2024-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                           | Sonic Automotive Inc                                                             | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    236000 | PA      | $188443.64    | 0.07%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAF7<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    205000 | PA      | $201824.55    | 0.07%             | 2025-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    150000 | PA      | $125992.50    | 0.04%             | 2031-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    610000 | PA      | $540801.60    | 0.19%             | 2031-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAK5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    235000 | PA      | $234672.15    | 0.08%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP                        | Pediatrix Medical Group Inc                                                      | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $159300.00    | 0.06%             | 2030-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| APOLLO CMMRL REAL EST FI                       | Apollo Commercial Real Estate Finance Inc                                        | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              |  | US        |    240000 | PA      | $196500.00    | 0.07%             | 2029-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                            | Intesa Sanpaolo SpA                                                              | CUSIP: 46115HBQ9<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    365000 | PA      | $290415.45    | 0.10%             | 2032-06-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    480000 | PA      | $452506.08    | 0.16%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370DB3<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    275000 | PA      | $269844.67    | 0.09%             | 2032-08-19      | Fixed         | 6.10%                 | No            |                  2 | On Loan: —       |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    625000 | PA      | $579806.25    | 0.20%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| FirstEnergy Corp                               | FirstEnergy Corp                                                                 | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    715000 | PA      | $683289.75    | 0.24%             | 2027-07-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    481000 | PA      | $434407.94    | 0.15%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    520000 | PA      | $445582.80    | 0.16%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                    | ROBLOX Corp                                                                      | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    520000 | PA      | $439114.00    | 0.15%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153AZ5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    673000 | PA      | $722653.94    | 0.25%             | 2025-06-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Apache Corp                                    | Apache Corp                                                                      | CUSIP: 037411AR6<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    205000 | PA      | $194212.90    | 0.07%             | 2037-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                        | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $330309.52    | 0.12%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| Ford Motor Credit Co LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    210000 | PA      | $199018.58    | 0.07%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: —       |
| ARCONIC CORP                                   | Arconic Corp                                                                     | CUSIP: 03966VAB3<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |    340000 | PA      | $336626.02    | 0.12%             | 2025-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    480000 | PA      | $437454.01    | 0.15%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1460000 | PA      | $1412144.37   | 0.49%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                       | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAC1<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    175000 | PA      | $146578.25    | 0.05%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                        | QVC Inc                                                                          | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    305000 | PA      | $290245.12    | 0.10%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $182106.35    | 0.06%             | 2024-12-31      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                             | Seagate HDD Cayman                                                               | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    240000 | PA      | $212706.00    | 0.07%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: —       |
| CARPENTER TECHNOLOGY                           | Carpenter Technology Corp                                                        | CUSIP: 144285AL7<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    197000 | PA      | $194045.00    | 0.07%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    337000 | PA      | $294875.00    | 0.10%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| PETROFAC LTD                                   | Petrofac Ltd                                                                     | CUSIP: 716473AE3<br>LEI: 2138004624W8CKCSJ177 | Long             | DBT              | CORP              | JE        |    280000 | PA      | $179346.57    | 0.06%             | 2026-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITD                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 714295AC6<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    160000 | PA      | $154737.60    | 0.05%             | 2024-12-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                             | AMN Healthcare Inc                                                               | CUSIP: 00175PAB9<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |    240000 | PA      | $222619.20    | 0.08%             | 2027-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    410000 | PA      | $344539.40    | 0.12%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                       | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                 | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    305000 | PA      | $312618.90    | 0.11%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                            | Resideo Funding Inc                                                              | CUSIP: 76119LAB7<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |    150000 | PA      | $124399.50    | 0.04%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| LAS VEGAS SANDS CORP                           | Las Vegas Sands Corp                                                             | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    370000 | PA      | $331570.06    | 0.12%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    485000 | PA      | $436512.30    | 0.15%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Matador Resources Co                           | Matador Resources Co                                                             | CUSIP: 576485AE6<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    340000 | PA      | $334431.65    | 0.12%             | 2026-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    480000 | PA      | $400807.58    | 0.14%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Teleflex Inc                                   | Teleflex Inc                                                                     | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238678.13    | 0.08%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| AMC NETWORKS INC                               | AMC Networks Inc                                                                 | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    480000 | PA      | $295800.00    | 0.10%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                             | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $377136.00    | 0.13%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    400000 | PA      | $317466.84    | 0.11%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DZ5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    185000 | PA      | $204656.25    | 0.07%             | 2027-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                           | Las Vegas Sands Corp                                                             | CUSIP: 517834AH0<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    240000 | PA      | $224709.92    | 0.08%             | 2025-06-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    275000 | PA      | $256408.54    | 0.09%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAD0<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    410000 | PA      | $415113.28    | 0.14%             | 2024-11-30      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                       | NextEra Energy Operating Partners LP                                             | CUSIP: 65342QAK8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    340000 | PA      | $332065.52    | 0.12%             | 2024-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AP6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    145000 | PA      | $110575.55    | 0.04%             | 2044-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    405000 | PA      | $374037.75    | 0.13%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AT8<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    240000 | PA      | $228000.00    | 0.08%             | 2025-03-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    410000 | PA      | $386712.00    | 0.13%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| DELTA AIR LINES INC                            | Delta Air Lines Inc                                                              | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    415000 | PA      | $431950.21    | 0.15%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| VIASAT INC                                     | Viasat Inc                                                                       | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    305000 | PA      | $284485.70    | 0.10%             | 2027-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAN7<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    205000 | PA      | $200900.00    | 0.07%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INTL FIN                          | James Hardie International Finance DAC                                           | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |    210000 | PA      | $199390.11    | 0.07%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Rolls-Royce PLC                                | Rolls-Royce PLC                                                                  | CUSIP: 77578JAB4<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    465000 | PA      | $431287.50    | 0.15%             | 2025-10-14      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    202000 | PA      | $191943.44    | 0.07%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                     | Arcosa Inc                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178857.21    | 0.06%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Synovus Financial Corp                         | Synovus Financial Corp                                                           | CUSIP: 87161CAM7<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |    148000 | PA      | $146590.03    | 0.05%             | 2029-02-07      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                             | Harbour Energy PLC                                                               | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |    255000 | PA      | $233325.00    | 0.08%             | 2026-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                       | Jefferson Capital Holdings LLC                                                   | CUSIP: 472481AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $124832.86    | 0.04%             | 2026-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                         | Standard Chartered PLC                                                           | CUSIP: 853254AB6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |    365000 | PA      | $365958.59    | 0.13%             | 2037-07-30      | Fixed         | 7.01%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $615211.20    | 0.21%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KONTOOR BRANDS INC                             | Kontoor Brands Inc                                                               | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |    210000 | PA      | $181643.70    | 0.06%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| CLEARWATER PAPER CORP                          | Clearwater Paper Corp                                                            | CUSIP: 18538RAJ2<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |    125000 | PA      | $111071.53    | 0.04%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 78442FET1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    408000 | PA      | $407041.20    | 0.14%             | 2024-03-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AD6<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    285000 | PA      | $250859.85    | 0.09%             | 2044-04-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                       | EnLink Midstream Partners LP                                                     | CUSIP: 29336UAF4<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    235000 | PA      | $227849.80    | 0.08%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    235000 | PA      | $216145.95    | 0.08%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SABLE INTL FINANCE LTD                         | Sable International Finance Ltd                                                  | CUSIP: 785712AG5<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |    259000 | PA      | $248066.32    | 0.09%             | 2027-09-07      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    480000 | PA      | $455414.40    | 0.16%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    315000 | PA      | $263188.77    | 0.09%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                     | Sprint LLC                                                                       | CUSIP: 85207UAJ4<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    730000 | PA      | $757700.58    | 0.26%             | 2025-02-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CTR PARTNERSHIP/CARETRST                       | CTR Partnership LP / CareTrust Capital Corp                                      | CUSIP: 126458AE8<br>LEI: N/A                  | Long             | DBT              |  | US        |    215000 | PA      | $192513.15    | 0.07%             | 2028-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TELENET FINANCE LUX NOTE                       | Telenet Finance Luxembourg Notes Sarl                                            | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $371600.00    | 0.13%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TOPAZ SOLAR FARMS LLC                          | Topaz Solar Farms LLC                                                            | CUSIP: 89054XAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    287505 | PA      | $276246.30    | 0.10%             | 2039-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                         | Blackstone Mortgage Trust Inc                                                    | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              |  | US        |    200000 | PA      | $176412.00    | 0.06%             | 2027-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    235000 | PA      | $237560.87    | 0.08%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| MURPHY OIL CORP                                | Murphy Oil Corp                                                                  | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    210000 | PA      | $207683.23    | 0.07%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CARGO AIRCRAFT MANAGEMEN                       | Cargo Aircraft Management Inc                                                    | CUSIP: 14180LAA4<br>LEI: 549300GH5J7LOMV44F11 | Long             | DBT              | CORP              | US        |    290000 | PA      | $261965.70    | 0.09%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    645000 | PA      | $556312.50    | 0.19%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    340000 | PA      | $310278.02    | 0.11%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    268000 | PA      | $259837.64    | 0.09%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                       | British Telecommunications PLC                                                   | CUSIP: 11102AAF8<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    235000 | PA      | $210325.00    | 0.07%             | 2081-11-23      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                       | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    560000 | PA      | $487782.40    | 0.17%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corp                                | Murphy Oil Corp                                                                  | CUSIP: 626717AG7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    165000 | PA      | $135011.66    | 0.05%             | 2042-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    640000 | PA      | $602291.20    | 0.21%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    295000 | PA      | $304770.40    | 0.11%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PRA Health Sciences Inc                        | PRA Health Sciences Inc                                                          | CUSIP: 45569KAA1<br>LEI: 549300R1HR1VWWHIAK47 | Long             | DBT              | CORP              | US        |    275000 | PA      | $251671.75    | 0.09%             | 2026-07-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| Pilgrim's Pride Corp                           | Pilgrim's Pride Corp                                                             | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    415000 | PA      | $411800.35    | 0.14%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CENTRAL GARDEN & PET CO                        | Central Garden & Pet Co                                                          | CUSIP: 153527AN6<br>LEI: 5493004DVZLD37DJ0H83 | Long             | DBT              | CORP              | US        |    240000 | PA      | $204072.00    | 0.07%             | 2030-10-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                         | Southwestern Energy Co                                                           | CUSIP: 845467AR0<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    335000 | PA      | $314781.08    | 0.11%             | 2029-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| SPCM SA                                        | SPCM SA                                                                          | CUSIP: 7846ELAD9<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    175000 | PA      | $154064.70    | 0.05%             | 2027-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    380000 | PA      | $332302.40    | 0.12%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| Berry Global Inc                               | Berry Global Inc                                                                 | CUSIP: 085770AB1<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    270000 | PA      | $265275.00    | 0.09%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| LPL HOLDINGS INC                               | LPL Holdings Inc                                                                 | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    175000 | PA      | $153231.75    | 0.05%             | 2031-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNISYS CORP                                    | Unisys Corp                                                                      | CUSIP: 909214BV9<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |    230000 | PA      | $174225.00    | 0.06%             | 2027-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    440000 | PA      | $321657.60    | 0.11%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AJ6<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    240000 | PA      | $211737.56    | 0.07%             | 2031-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| WEEKLEY HOMES LLC/ FINAN                       | Weekley Homes LLC / Weekley Finance Corp                                         | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $182752.50    | 0.06%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| INTERNATIONAL GAME TECH                        | International Game Technology PLC                                                | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    365000 | PA      | $365000.00    | 0.13%             | 2027-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    610000 | PA      | $496826.70    | 0.17%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| KBR INC                                        | KBR Inc                                                                          | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |    120000 | PA      | $108341.04    | 0.04%             | 2028-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |    235000 | PA      | $214665.41    | 0.07%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    240000 | PA      | $209100.00    | 0.07%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAM9<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |    175000 | PA      | $128502.50    | 0.04%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    235000 | PA      | $231739.35    | 0.08%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NMI HOLDINGS                                   | NMI Holdings Inc                                                                 | CUSIP: 629209AA5<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | DBT              | CORP              | US        |    204000 | PA      | $206305.20    | 0.07%             | 2025-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PATTERSON-UTI ENERGY INC                       | Patterson-UTI Energy Inc                                                         | CUSIP: 703481AC5<br>LEI: 254900XGFBKIXD6G0697 | Long             | DBT              | CORP              | US        |    170000 | PA      | $158821.86    | 0.06%             | 2029-11-15      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    510000 | PA      | $497250.00    | 0.17%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                | Sealed Air Corp                                                                  | CUSIP: 81211KAX8<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    205000 | PA      | $203790.50    | 0.07%             | 2025-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| MURPHY OIL USA INC                             | Murphy Oil USA Inc                                                               | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    265000 | PA      | $221718.55    | 0.08%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    715000 | PA      | $605735.49    | 0.21%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370CX6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     80000 | PA      | $94168.00     | 0.03%             | 2030-04-22      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                        | Standard Industries Inc/NJ                                                       | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    545000 | PA      | $432848.70    | 0.15%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                         | Chesapeake Energy Corp                                                           | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    235000 | PA      | $225040.70    | 0.08%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SHEA HOMES LP/FNDG CP                          | Shea Homes LP / Shea Homes Funding Corp                                          | CUSIP: 82088KAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $125425.00    | 0.04%             | 2029-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| COTY INC                                       | Coty Inc                                                                         | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    435000 | PA      | $416512.50    | 0.15%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRI POINTE HOMES INC                           | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $138306.42    | 0.05%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    545000 | PA      | $424229.36    | 0.15%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                       | Albion Financing 1 SARL / Aggreko Holdings Inc                                   | CUSIP: 013304AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    300000 | PA      | $269167.90    | 0.09%             | 2026-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Yum! Brands Inc                                | Yum! Brands Inc                                                                  | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    145000 | PA      | $124104.93    | 0.04%             | 2043-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                           | Commercial Metals Co                                                             | CUSIP: 201723AQ6<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    160000 | PA      | $143200.00    | 0.05%             | 2030-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    410000 | PA      | $380234.00    | 0.13%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corp                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAQ2<br>LEI: 5493007M1XGU5E55ZJ25 | Long             | DBT              | CORP              | CA        |    510000 | PA      | $502350.00    | 0.18%             | 2024-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BW6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    540000 | PA      | $527175.00    | 0.18%             | 2024-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Darling Ingredients Inc                        | Darling Ingredients Inc                                                          | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    257000 | PA      | $250639.25    | 0.09%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SYLVAMO CORP                                   | Sylvamo Corp                                                                     | CUSIP: 87133LAA8<br>LEI: 5493001AOYU1ZOWOC971 | Long             | DBT              | CORP              | US        |    210000 | PA      | $200793.60    | 0.07%             | 2029-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    370000 | PA      | $435675.00    | 0.15%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                    | Apache Corp                                                                      | CUSIP: 037411BA2<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    210000 | PA      | $166242.30    | 0.06%             | 2043-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    725000 | PA      | $736600.00    | 0.26%             | 2025-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SUMMIT MATERIALS LLC/FIN                       | Summit Materials LLC / Summit Materials Finance Corp                             | CUSIP: 86614RAN7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    335000 | PA      | $314561.65    | 0.11%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $237800.32    | 0.08%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    240000 | PA      | $222079.20    | 0.08%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC                                   | Teleflex Inc                                                                     | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    240000 | PA      | $221388.17    | 0.08%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    505000 | PA      | $444419.57    | 0.15%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AH7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    204000 | PA      | $192780.00    | 0.07%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    259000 | PA      | $243908.49    | 0.09%             | 2028-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                              | Newell Brands Inc                                                                | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    315000 | PA      | $261824.85    | 0.09%             | 2046-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AR2<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    206000 | PA      | $186357.90    | 0.06%             | 2027-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                     | Mattel Inc                                                                       | CUSIP: 577081BE1<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    305000 | PA      | $284413.96    | 0.10%             | 2026-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    640000 | PA      | $618068.36    | 0.22%             | 2027-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $191185.05    | 0.07%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                        | International Game Technology PLC                                                | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    365000 | PA      | $345845.98    | 0.12%             | 2026-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    236000 | PA      | $202960.00    | 0.07%             | 2030-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B85<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    110000 | PA      | $101998.88    | 0.04%             | 2025-02-10      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| United States Steel Corp                       | United States Steel Corp                                                         | CUSIP: 912909AD0<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |    122000 | PA      | $116530.61    | 0.04%             | 2037-06-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Olin Corp                                      | Olin Corp                                                                        | CUSIP: 680665AJ5<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    240000 | PA      | $232819.20    | 0.08%             | 2027-09-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| COTY/HFC PRESTIGE/INT US                       | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC             | CUSIP: 222070AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $213262.50    | 0.07%             | 2029-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KB Home                                        | KB Home                                                                          | CUSIP: 48666KAX7<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    145000 | PA      | $147900.00    | 0.05%             | 2027-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CoreCivic Inc                                  | CoreCivic Inc                                                                    | CUSIP: 21871NAA9<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    130000 | PA      | $113654.36    | 0.04%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    310000 | PA      | $307635.23    | 0.11%             | 2026-07-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    190000 | PA      | $170523.10    | 0.06%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |    240000 | PA      | $201288.00    | 0.07%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    235000 | PA      | $238405.15    | 0.08%             | 2029-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| MATTEL INC                                     | Mattel Inc                                                                       | CUSIP: 577081BF8<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    300000 | PA      | $269520.00    | 0.09%             | 2029-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    265000 | PA      | $242342.50    | 0.08%             | 2030-08-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TRIMAS CORP                                    | TriMas Corp                                                                      | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |    200000 | PA      | $178050.00    | 0.06%             | 2029-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    285000 | PA      | $222474.73    | 0.08%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BP7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    370000 | PA      | $320224.14    | 0.11%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    205000 | PA      | $185525.00    | 0.06%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    164000 | PA      | $139455.10    | 0.05%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SPCM SA                                        | SPCM SA                                                                          | CUSIP: 7846ELAE7<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    180000 | PA      | $152370.00    | 0.05%             | 2030-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WARRIOR MET COAL INC                           | Warrior Met Coal Inc                                                             | CUSIP: 93627CAB7<br>LEI: 549300152B1S9YKBYV79 | Long             | DBT              | CORP              | US        |    165000 | PA      | $162525.00    | 0.06%             | 2028-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1700000 | PA      | $1666552.33   | 0.58%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CORP                              | Imola Merger Corp                                                                | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    960000 | PA      | $835200.00    | 0.29%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    385000 | PA      | $360071.25    | 0.13%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                 | HB Fuller Co                                                                     | CUSIP: 359694AB2<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |    125000 | PA      | $115597.50    | 0.04%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                               | DT Midstream Inc                                                                 | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    480000 | PA      | $419866.56    | 0.15%             | 2031-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GCS7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295875.00    | 0.10%             | 2024-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40748.00     | 0.01%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                       | Allison Transmission Inc                                                         | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    240000 | PA      | $231064.80    | 0.08%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $324048.78    | 0.11%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    265000 | PA      | $251934.90    | 0.09%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDP2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1051000 | PA      | $1020216.21   | 0.36%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CNX Resources Corp                             | CNX Resources Corp                                                               | CUSIP: 12653CAC2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    183000 | PA      | $182085.00    | 0.06%             | 2027-03-14      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    480000 | PA      | $467492.53    | 0.16%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    645000 | PA      | $611492.25    | 0.21%             | 2027-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    725000 | PA      | $603961.25    | 0.21%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                               | FirstEnergy Corp                                                                 | CUSIP: 337932AK3<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    145000 | PA      | $135883.52    | 0.05%             | 2025-03-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $225027.37    | 0.08%             | 2031-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                           | Carpenter Technology Corp                                                        | CUSIP: 144285AM5<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    145000 | PA      | $148828.00    | 0.05%             | 2030-03-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                       | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AP3<br>LEI: 549300VJQPPSEJPBNA66 | Long             | DBT              | CORP              | US        |    275000 | PA      | $271108.75    | 0.09%             | 2025-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                       | Sensata Technologies Inc                                                         | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    395000 | PA      | $335294.70    | 0.12%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    240000 | PA      | $198415.64    | 0.07%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                        | PTC Inc                                                                          | CUSIP: 69370CAB6<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    235000 | PA      | $225349.33    | 0.08%             | 2025-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    405000 | PA      | $301320.00    | 0.11%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    442000 | PA      | $384080.32    | 0.13%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AU8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    155000 | PA      | $165901.15    | 0.06%             | 2025-07-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| TransAlta Corp                                 | TransAlta Corp                                                                   | CUSIP: 89346DAE7<br>LEI: GJZNVO2UY6DNFNIYH321 | Long             | DBT              | CORP              | CA        |    160000 | PA      | $153285.96    | 0.05%             | 2040-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UNIVAR SOLUTIONS USA INC                       | Univar Solutions USA Inc/Washington                                              | CUSIP: 91337CAA4<br>LEI: 5493008FTB9VZW6CVA82 | Long             | DBT              | CORP              | US        |    235000 | PA      | $227228.23    | 0.08%             | 2027-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    355000 | PA      | $314175.00    | 0.11%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITD                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 714295AA0<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    150000 | PA      | $111775.50    | 0.04%             | 2044-12-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    360000 | PA      | $324900.00    | 0.11%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                       | Holly Energy Partners LP / Holly Energy Finance Corp                             | CUSIP: 435765AH5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $242125.00    | 0.08%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    610000 | PA      | $608084.60    | 0.21%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| JEFFERIES FIN LLC / JFIN                       | Jefferies Finance LLC / JFIN Co-Issuer Corp                                      | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $398628.44    | 0.14%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                               | Vail Resorts Inc                                                                 | CUSIP: 91879QAL3<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    305000 | PA      | $306458.66    | 0.11%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599CS2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    120000 | PA      | $110632.46    | 0.04%             | 2029-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    209000 | PA      | $191235.00    | 0.07%             | 2026-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| UNITED STATES STEEL CORP                       | United States Steel Corp                                                         | CUSIP: 912909AU2<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |    221000 | PA      | $223303.93    | 0.08%             | 2029-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    395000 | PA      | $335623.60    | 0.12%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp                                | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    190000 | PA      | $188622.50    | 0.07%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    175000 | PA      | $133875.00    | 0.05%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    340000 | PA      | $305994.05    | 0.11%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    655000 | PA      | $671162.98    | 0.23%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Assurant Inc                                   | Assurant Inc                                                                     | CUSIP: 04621XAK4<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | DBT              | CORP              | US        |    185000 | PA      | $183149.10    | 0.06%             | 2048-03-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAE0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    265000 | PA      | $204050.00    | 0.07%             | 2048-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 013817AJ0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    294000 | PA      | $299145.00    | 0.10%             | 2027-02-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: —       |
| ORGANON & CO/ORG                               | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    980000 | PA      | $886361.00    | 0.31%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS/SALLY CAP                       | Sally Holdings LLC / Sally Capital Inc                                           | CUSIP: 79546VAL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $344752.62    | 0.12%             | 2025-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    305000 | PA      | $291127.08    | 0.10%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| XPO ESCROW SUB LLC                             | XPO Escrow Sub LLC                                                               | CUSIP: 98379JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $190106.00    | 0.07%             | 2027-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    270000 | PA      | $265531.50    | 0.09%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| STENA INTERNATIONAL SA                         | Stena International SA                                                           | CUSIP: 85858EAB9<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $189118.72    | 0.07%             | 2025-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    485000 | PA      | $430365.10    | 0.15%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    275000 | PA      | $279207.50    | 0.10%             | 2030-09-30      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    460000 | PA      | $499914.20    | 0.17%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| ASHLAND LLC                                    | Ashland LLC                                                                      | CUSIP: 04433LAA0<br>LEI: 6O4MRU8C1MS0K34UQF79 | Long             | DBT              | CORP              | US        |    210000 | PA      | $174300.00    | 0.06%             | 2031-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY KY LTD/IP                       | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                 | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    244200 | PA      | $249084.00    | 0.09%             | 2025-09-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                           | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    210000 | PA      | $196144.20    | 0.07%             | 2028-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $381175.00    | 0.13%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    445000 | PA      | $464442.05    | 0.16%             | 2031-01-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| QVC Inc                                        | QVC Inc                                                                          | CUSIP: 747262AW3<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    182000 | PA      | $106919.54    | 0.04%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: —       |
| PERRIGO FINANCE UNLIMITE                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    395000 | PA      | $346659.90    | 0.12%             | 2030-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: —       |
| HORIZON THERAPEUTICS USA                       | Horizon Therapeutics USA Inc                                                     | CUSIP: 44055PAA4<br>LEI: 254900IS87RLPXY88S03 | Long             | DBT              | CORP              | US        |    275000 | PA      | $280843.75    | 0.10%             | 2027-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                        | Grand Canyon University                                                          | CUSIP: 38528UAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $228134.40    | 0.08%             | 2024-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                      | iStar Inc                                                                        | CUSIP: 45031UCF6<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |    430000 | PA      | $427527.50    | 0.15%             | 2024-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $192425.00    | 0.07%             | 2032-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869PAM6<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    113000 | PA      | $111185.22    | 0.04%             | 2024-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co                         | Southwestern Energy Co                                                           | CUSIP: 845467AL3<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    195000 | PA      | $193352.25    | 0.07%             | 2025-01-23      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                               | TriNet Group Inc                                                                 | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |    250000 | PA      | $209932.50    | 0.07%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                   | ADT Security Corp/The                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    480000 | PA      | $427320.00    | 0.15%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Range Resources Corp                           | Range Resources Corp                                                             | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    370000 | PA      | $356960.26    | 0.12%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $192930.78    | 0.07%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| NEW FORTRESS ENERGY INC                        | New Fortress Energy Inc                                                          | CUSIP: 644393AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    610000 | PA      | $583547.84    | 0.20%             | 2025-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                          | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |    385000 | PA      | $340725.00    | 0.12%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AF4<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    180000 | PA      | $160636.71    | 0.06%             | 2026-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GENTING NY LLC/GENNY CAP                       | Genting New York LLC / GENNY Capital Inc                                         | CUSIP: 37255JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $241650.52    | 0.08%             | 2026-02-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAJ2<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    345000 | PA      | $341203.28    | 0.12%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    480000 | PA      | $430800.00    | 0.15%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                        | Standard Industries Inc/NJ                                                       | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    410000 | PA      | $388531.24    | 0.14%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co                         | Southwestern Energy Co                                                           | CUSIP: 845467AN9<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    220000 | PA      | $229433.60    | 0.08%             | 2027-10-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    305000 | PA      | $256200.00    | 0.09%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397B93<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $166831.82    | 0.06%             | 2029-02-10      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    239000 | PA      | $220951.76    | 0.08%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    340000 | PA      | $312633.40    | 0.11%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $216914.99    | 0.08%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $201361.65    | 0.07%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEEWARD RENEWABL                               | Leeward Renewable Energy Operations LLC                                          | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |    190000 | PA      | $166953.54    | 0.06%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    345000 | PA      | $298314.60    | 0.10%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LEVI STRAUSS & CO                              | Levi Strauss & Co                                                                | CUSIP: 52736RBJ0<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |    250000 | PA      | $208750.00    | 0.07%             | 2031-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    310000 | PA      | $267691.20    | 0.09%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| Mineral Resources Ltd                          | Mineral Resources Ltd                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    340000 | PA      | $342550.00    | 0.12%             | 2027-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                           | OI European Group BV                                                             | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    210000 | PA      | $188527.50    | 0.07%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAG5<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    145000 | PA      | $136298.55    | 0.05%             | 2026-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                        | International Game Technology PLC                                                | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    365000 | PA      | $350290.50    | 0.12%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAC5<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    160000 | PA      | $159200.00    | 0.06%             | 2024-10-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| PENSKE AUTOMOTIVE GROUP                        | Penske Automotive Group Inc                                                      | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    265000 | PA      | $224092.26    | 0.08%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $295172.90    | 0.10%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958254AL8<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    180000 | PA      | $156391.20    | 0.05%             | 2048-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                          | ON Semiconductor Corp                                                            | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |    340000 | PA      | $310253.40    | 0.11%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NEWS CORP                                      | News Corp                                                                        | CUSIP: 65249BAA7<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |    470000 | PA      | $420546.60    | 0.15%             | 2029-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                       | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp               | CUSIP: 226373AQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $334498.50    | 0.12%             | 2027-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                             | Murphy Oil USA Inc                                                               | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    259000 | PA      | $237308.75    | 0.08%             | 2029-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ELANCO ANIMAL HEALTH INC                       | Elanco Animal Health Inc                                                         | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |    380000 | PA      | $370956.00    | 0.13%             | 2028-08-28      | Fixed         | 6.40%                 | No            |                  2 | On Loan: —       |
| Trinity Industries Inc                         | Trinity Industries Inc                                                           | CUSIP: 896522AH2<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | DBT              | CORP              | US        |    207000 | PA      | $199879.20    | 0.07%             | 2024-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Nokia OYJ                                      | Nokia Oyj                                                                        | CUSIP: 654902AE5<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    240000 | PA      | $230400.00    | 0.08%             | 2027-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FirstEnergy Corp                               | FirstEnergy Corp                                                                 | CUSIP: 337932AJ6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    304000 | PA      | $280440.00    | 0.10%             | 2047-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Emera Inc                                      | Emera Inc                                                                        | CUSIP: 290876AD3<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | DBT              | CORP              | CA        |    575000 | PA      | $564726.58    | 0.20%             | 2076-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ASGN INCORPORATED                              | ASGN Inc                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |    275000 | PA      | $250883.85    | 0.09%             | 2028-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| PACIFIC WESTERN BANK                           | Pacific Western Bank                                                             | CUSIP: 69506YSC4<br>LEI: 549300A7DTSCJLJ33451 | Long             | SN               | CORP              | US        |    225000 | PA      | $212039.98    | 0.07%             | 2031-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ACCO BRANDS CORP                               | ACCO Brands Corp                                                                 | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |    280000 | PA      | $242215.40    | 0.08%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| Fluor Corp                                     | Fluor Corp                                                                       | CUSIP: 343412AC6<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |    180000 | PA      | $174110.72    | 0.06%             | 2024-12-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    325000 | PA      | $340843.75    | 0.12%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    305000 | PA      | $256200.00    | 0.09%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AM6<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    340000 | PA      | $307506.20    | 0.11%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                          | Antero Resources Corp                                                            | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    205000 | PA      | $209633.05    | 0.07%             | 2029-02-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    400000 | PA      | $406500.00    | 0.14%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAP4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    565000 | PA      | $560180.55    | 0.20%             | 2024-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP                           | WMG Acquisition Corp                                                             | CUSIP: 92933BAQ7<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    260000 | PA      | $229190.00    | 0.08%             | 2030-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| STERICYCLE INC                                 | Stericycle Inc                                                                   | CUSIP: 858912AF5<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |    305000 | PA      | $302062.85    | 0.11%             | 2024-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NECESS RETAIL/AFIN OP LP                       | Necessity Retail REIT Inc/The / American Finance Operating Partner LP            | CUSIP: 02608AAA7<br>LEI: N/A                  | Long             | DBT              |  | US        |    255000 | PA      | $193697.34    | 0.07%             | 2028-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                          | Antero Resources Corp                                                            | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    280000 | PA      | $261100.00    | 0.09%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                      | iStar Inc                                                                        | CUSIP: 45031UCJ8<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              |  | US        |    115000 | PA      | $115770.50    | 0.04%             | 2026-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ROLLS-ROYCE PLC                                | Rolls-Royce PLC                                                                  | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    485000 | PA      | $471662.50    | 0.16%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AUTO METRO PUERTO RICO                         | Autopistas Metropolitanas de Puerto Rico LLC                                     | CUSIP: 05330KAA3<br>LEI: 549300RP81L6HQ03CD68 | Long             | DBT              | CORP              | PR        |    197678 | PA      | $189018.59    | 0.07%             | 2035-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    300000 | PA      | $263259.00    | 0.09%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBQ2<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    985000 | PA      | $1014461.35   | 0.35%             | 2079-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                        | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    480000 | PA      | $477600.00    | 0.17%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Marks & Spencer PLC                            | Marks & Spencer PLC                                                              | CUSIP: 57069PAA0<br>LEI: 213800CN1RI3UCIZWB95 | Long             | DBT              | CORP              | GB        |    155000 | PA      | $138869.60    | 0.05%             | 2037-12-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| BRIGHTSPHERE INVESTMENT                        | Brightsphere Investment Group Inc                                                | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |    120000 | PA      | $110700.00    | 0.04%             | 2026-07-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    740000 | PA      | $651200.00    | 0.23%             | 2031-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    205000 | PA      | $179324.52    | 0.06%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    970000 | PA      | $862262.10    | 0.30%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | Fortress Transportation and Infrastructure Investors LLC                         | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    330000 | PA      | $319440.00    | 0.11%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                              | Xerox Corp                                                                       | CUSIP: 984121CJ0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |    145000 | PA      | $140650.00    | 0.05%             | 2024-05-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                       | Holly Energy Partners LP / Holly Energy Finance Corp                             | CUSIP: 435765AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $202693.75    | 0.07%             | 2027-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAB6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    255000 | PA      | $230684.18    | 0.08%             | 2026-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Stevens Holding Co Inc                         | Stevens Holding Co Inc                                                           | CUSIP: 86024TAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $202972.00    | 0.07%             | 2026-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $219120.00    | 0.08%             | 2028-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    345000 | PA      | $291180.00    | 0.10%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WILLIAM CARTER                                 | William Carter Co/The                                                            | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |    275000 | PA      | $267536.52    | 0.09%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    480000 | PA      | $451939.20    | 0.16%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Sirius XM Radio Inc                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    725000 | PA      | $686031.25    | 0.24%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAK6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    405000 | PA      | $355209.30    | 0.12%             | 2029-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                               | CUSIP: 92857WBV1<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    235000 | PA      | $203862.50    | 0.07%             | 2081-06-04      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 443201AA6<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    305000 | PA      | $314128.65    | 0.11%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| M/I HOMES INC                                  | M/I Homes Inc                                                                    | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |    205000 | PA      | $189079.70    | 0.07%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                                | Murphy Oil Corp                                                                  | CUSIP: 626717AM4<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |    270000 | PA      | $263935.82    | 0.09%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370BR0<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77377.50     | 0.03%             | 2046-11-01      | Fixed         | 7.40%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    370000 | PA      | $312165.30    | 0.11%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137WAG3<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    380000 | PA      | $325960.84    | 0.11%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                             | Mattamy Group Corp                                                               | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $253017.00    | 0.09%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              |  | US        |    640000 | PA      | $448005.13    | 0.16%             | 2031-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TRI POINTE GROUP / HOMES                       | TRI Pointe Group Inc / TRI Pointe Homes Inc                                      | CUSIP: 962178AN9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $199324.00    | 0.07%             | 2024-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MGIC INVESTMENT CORP                           | MGIC Investment Corp                                                             | CUSIP: 552848AG8<br>LEI: 254900S8483WM4M98R28 | Long             | DBT              | CORP              | US        |    310000 | PA      | $292237.00    | 0.10%             | 2028-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                    | Apache Corp                                                                      | CUSIP: 037411AW5<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    635000 | PA      | $554513.75    | 0.19%             | 2040-09-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: —       |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 022249AU0<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    145000 | PA      | $152140.53    | 0.05%             | 2028-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AP2<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    155000 | PA      | $148831.00    | 0.05%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ADT SEC CORP                                   | ADT Security Corp/The                                                            | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    356000 | PA      | $317680.25    | 0.11%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CROWN AMER/CAP CORP VI                         | Crown Americas LLC / Crown Americas Capital Corp VI                              | CUSIP: 228187AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $415199.50    | 0.14%             | 2026-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    369000 | PA      | $339806.57    | 0.12%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    315000 | PA      | $314118.00    | 0.11%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAIN INFRA                        | Atlantica Sustainable Infrastructure PLC                                         | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    210000 | PA      | $186900.00    | 0.07%             | 2028-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    455000 | PA      | $463544.90    | 0.16%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                                 | HB Fuller Co                                                                     | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |    145000 | PA      | $128325.00    | 0.04%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| BOISE CASCADE COMPANY                          | Boise Cascade Co                                                                 | CUSIP: 09739DAD2<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | DBT              | CORP              | US        |    205000 | PA      | $184356.89    | 0.06%             | 2030-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DE2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    205000 | PA      | $232180.95    | 0.08%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    240000 | PA      | $213764.34    | 0.07%             | 2029-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    370000 | PA      | $321794.97    | 0.11%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 156700BC9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    610000 | PA      | $514384.03    | 0.18%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    585000 | PA      | $463606.65    | 0.16%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                           | BWX Technologies Inc                                                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |    200000 | PA      | $180501.15    | 0.06%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                                | CUSIP: 30251GAW7<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    370000 | PA      | $366445.68    | 0.13%             | 2024-05-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    240000 | PA      | $215454.31    | 0.08%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                       | MSCI Inc                                                                         | CUSIP: 55354GAH3<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    480000 | PA      | $436800.00    | 0.15%             | 2029-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| MSCI INC                                       | MSCI Inc                                                                         | CUSIP: 55354GAL4<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |    480000 | PA      | $423633.60    | 0.15%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    355000 | PA      | $366129.25    | 0.13%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GARTNER INC                                    | Gartner Inc                                                                      | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |    300000 | PA      | $269400.00    | 0.09%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| VIDEOTRON LTD                                  | Videotron Ltd                                                                    | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    265000 | PA      | $230564.60    | 0.08%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| HOWMET AEROSPACE INC                           | Howmet Aerospace Inc                                                             | CUSIP: 443201AB4<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    340000 | PA      | $296650.00    | 0.10%             | 2029-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $263500.00    | 0.09%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Apache Corp                                    | Apache Corp                                                                      | CUSIP: 037411AY1<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    200000 | PA      | $168014.00    | 0.06%             | 2042-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAF1<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $243187.50    | 0.08%             | 2026-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    365000 | PA      | $319594.00    | 0.11%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    778000 | PA      | $772907.99    | 0.27%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    235000 | PA      | $231496.15    | 0.08%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Mattel Inc                                     | Mattel Inc                                                                       | CUSIP: 577081AW2<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    133000 | PA      | $113828.71    | 0.04%             | 2041-11-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    235000 | PA      | $188587.50    | 0.07%             | 2031-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    640000 | PA      | $524668.65    | 0.18%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| CNX RESOURCES CORP                             | CNX Resources Corp                                                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    235000 | PA      | $215724.60    | 0.08%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                | Sealed Air Corp                                                                  | CUSIP: 81211KAW0<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223312.50    | 0.08%             | 2024-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AM4<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    240000 | PA      | $201757.20    | 0.07%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| WMG ACQUISITION CORP                           | WMG Acquisition Corp                                                             | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    260000 | PA      | $227562.97    | 0.08%             | 2029-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                           | Range Resources Corp                                                             | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    240000 | PA      | $214981.04    | 0.07%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |    310000 | PA      | $273187.50    | 0.10%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    300000 | PA      | $288975.00    | 0.10%             | 2030-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    205000 | PA      | $193088.65    | 0.07%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                            | Delta Air Lines Inc                                                              | CUSIP: 247361ZT8<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    220000 | PA      | $194678.00    | 0.07%             | 2029-10-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    325000 | PA      | $328266.25    | 0.11%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    500000 | PA      | $396050.00    | 0.14%             | 2031-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAP3<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    155000 | PA      | $154225.00    | 0.05%             | 2024-04-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                                         | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306774.00    | 0.11%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    610000 | PA      | $571661.50    | 0.20%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                        | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    715000 | PA      | $761382.05    | 0.27%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| RAPTOR ACQ/RAPTOR CO-ISS                       | Raptor Acquisition Corp / Raptor Co-Issuer LLC                                   | CUSIP: 75383KAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $172050.00    | 0.06%             | 2026-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAB1<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    365000 | PA      | $345600.25    | 0.12%             | 2026-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DANA FINANCING LUX SARL                        | Dana Financing Luxembourg Sarl                                                   | CUSIP: 235822AB9<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | LU        |    205000 | PA      | $202950.00    | 0.07%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| CNX RESOURCES CORP                             | CNX Resources Corp                                                               | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    235000 | PA      | $228535.15    | 0.08%             | 2031-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    340000 | PA      | $304493.80    | 0.11%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                             | Seagate HDD Cayman                                                               | CUSIP: 81180WAN1<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    253000 | PA      | $232127.50    | 0.08%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LPL HOLDINGS INC                               | LPL Holdings Inc                                                                 | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    180000 | PA      | $171295.20    | 0.06%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                        | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAD5<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    390000 | PA      | $343200.00    | 0.12%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    780000 | PA      | $705900.00    | 0.25%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    485000 | PA      | $420737.50    | 0.15%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                      | CUSIP: 780153BS0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    485000 | PA      | $506825.00    | 0.18%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| TRANSALTA CORP                                 | TransAlta Corp                                                                   | CUSIP: 89346DAH0<br>LEI: GJZNVO2UY6DNFNIYH321 | Long             | DBT              | CORP              | CA        |    205000 | PA      | $210802.18    | 0.07%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                                    | Gap Inc/The                                                                      | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    370000 | PA      | $283975.00    | 0.10%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| OHIO NAT FINANCIAL SRVS                        | Ohio National Financial Services Inc                                             | CUSIP: 67740QAG1<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126823.45    | 0.04%             | 2031-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| Nordstrom Inc                                  | Nordstrom Inc                                                                    | CUSIP: 655664AH3<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    145000 | PA      | $140795.00    | 0.05%             | 2028-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55616XAJ6<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |    110000 | PA      | $68200.00     | 0.02%             | 2043-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    690000 | PA      | $642455.51    | 0.22%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370CA6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    205000 | PA      | $219894.48    | 0.08%             | 2031-07-16      | Fixed         | 7.45%                 | No            |                  2 | On Loan: —       |
| HILLENBRAND INC                                | Hillenbrand Inc                                                                  | CUSIP: 431571AB4<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    191000 | PA      | $184308.88    | 0.06%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $223116.86    | 0.08%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    385000 | PA      | $356125.00    | 0.12%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                           | Western Digital Corp                                                             | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    240000 | PA      | $195619.20    | 0.07%             | 2029-02-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    149000 | PA      | $122831.27    | 0.04%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LIBERTY MUTUAL GROUP INC                       | Liberty Mutual Group Inc                                                         | CUSIP: 53079EBM5<br>LEI: QUR0DG15Z6FFGYCHH861 | Long             | DBT              | CORP              | US        |    210000 | PA      | $179550.00    | 0.06%             | 2051-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $637025.68    | 0.22%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 67623CAF6<br>LEI: N/A                  | Long             | DBT              |  | US        |    178000 | PA      | $124868.91    | 0.04%             | 2031-10-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                               | Paramount Global                                                                 | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    310000 | PA      | $268537.50    | 0.09%             | 2057-02-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INGEVITY CORP                                  | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |    275000 | PA      | $241034.29    | 0.08%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAS6<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    205000 | PA      | $193795.12    | 0.07%             | 2025-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AN1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    149000 | PA      | $144202.64    | 0.05%             | 2024-10-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| ATKORE INC                                     | Atkore Inc                                                                       | CUSIP: 047649AA6<br>LEI: 52990002TI38AM4RPV48 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175490.00    | 0.06%             | 2031-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| GLOBAL ATLANTIC                                | Global Atlantic Fin Co                                                           | CUSIP: 37959GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $314219.67    | 0.11%             | 2051-10-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                        | PTC Inc                                                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    235000 | PA      | $218931.88    | 0.08%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS INC                         | Open Text Holdings Inc                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $370513.76    | 0.13%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                           | TTM Technologies Inc                                                             | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    255000 | PA      | $222806.25    | 0.08%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    405000 | PA      | $322963.20    | 0.11%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                             | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAG3<br>LEI: 549300TILVIIV9FLL461 | Long             | DBT              | CORP              | US        |    325000 | PA      | $323782.88    | 0.11%             | 2025-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    610000 | PA      | $601768.05    | 0.21%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAC9<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    505000 | PA      | $487052.30    | 0.17%             | 2025-04-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    370000 | PA      | $354313.53    | 0.12%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 67623CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    171000 | PA      | $131455.08    | 0.05%             | 2027-02-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   2470000 | NS      | $2470000.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRAFORM GLOBAL OPERATI                       | Terraform Global Operating LP                                                    | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |    180000 | PA      | $170550.00    | 0.06%             | 2026-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES                              | Amsted Industries Inc                                                            | CUSIP: 032177AH0<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    180000 | PA      | $176891.40    | 0.06%             | 2027-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BQ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    370000 | PA      | $300040.40    | 0.10%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AD9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    280000 | PA      | $268010.40    | 0.09%             | 2024-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                        | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    240000 | PA      | $239994.65    | 0.08%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                       | Western Midstream Operating LP                                                   | CUSIP: 958667AB3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    368000 | PA      | $351440.00    | 0.12%             | 2025-02-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| QVC INC                                        | QVC Inc                                                                          | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    271000 | PA      | $205366.51    | 0.07%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $284837.55    | 0.10%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                       | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    330000 | PA      | $302775.00    | 0.11%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    380000 | PA      | $328624.00    | 0.11%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD/RWLV CAP                         | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 76120HAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $384343.92    | 0.13%             | 2029-04-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMC Networks Inc                               | AMC Networks Inc                                                                 | CUSIP: 00164VAE3<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    380000 | PA      | $324900.00    | 0.11%             | 2025-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| BEACON ROOFING SUPPLY IN                       | Beacon Roofing Supply Inc                                                        | CUSIP: 073685AF6<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    157000 | PA      | $149663.39    | 0.05%             | 2026-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UPC BROADBAND FINCO BV                         | UPC Broadband Finco BV                                                           | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    645000 | PA      | $567451.65    | 0.20%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAD3<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    340000 | PA      | $315452.00    | 0.11%             | 2027-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    490000 | PA      | $490886.90    | 0.17%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AG6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    235000 | PA      | $233375.66    | 0.08%             | 2025-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer