# EDGAR Filing Document

**Accession Number:** 0000742212
**File Stem:** 0001410368-25-029465
**Filing Date:** 2025-11
**Character Count:** 274113
**Document Hash:** 805c38f56306c131affa8e965dc86e13
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-029465.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001410368-25-029465

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHWESTERN MUTUAL SERIES FUND INC
- **CENTRAL INDEX KEY:** 0000742212

**ORGANIZATION NAME:**
- **EIN:** 391603401
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03990
- **FILM NUMBER:** 251511975

**BUSINESS ADDRESS:**
- **STREET 1:** 720 E WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142992508

**MAIL ADDRESS:**
- **STREET 1:** 720 EAST WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHWESTERN MUTUAL VARIABLE LIFE SERIES FUND INC
- **DATE OF NAME CHANGE:** 19940830

## Series and Classes Contracts Data

### High Yield Bond Portfolio (Series ID: S000000046)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000000081 | High Yield Bond Portfolio |  |

## Nport-Ex

High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS

**September 30, 2025 (unaudited)** 

---

| | | |
|:---|:---|:---|
| Common Stocks (0.0%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Communication Services (0.0%)** |  |  |
|  Audacy, Inc. \*,Æ | 5845 | 84 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **84** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stocks (Cost: $3,888)** |  | **84** |
| Corporate Bonds (96.7%) |  |  |
|  **Basic Materials (4.7%)** |  |  |
|  Ashland, Inc.<br>3.375%, 9/1/31 144A | 825000 | 731 |
|  Axalta Coating Systems Dutch Holding BV<br>7.250%, 2/15/31 144A | 425000 | 445 |
|  Axalta Coating Systems LLC<br>3.375%, 2/15/29 144A | 475000 | 450 |
|  Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding BV<br>4.750%, 6/15/27 144A | 600000 | 597 |
|  Celanese US Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 4/15/30 | 350000 | 352 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 4/15/33 | 2775000 | 2763 |
|  Cleveland-Cliffs, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 3/1/29 144A | 1225000 | 1180 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 3/1/31 144A | 425000 | 397 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 4/15/30 144A | 600000 | 610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 11/1/29 144A | 400000 | 408 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 3/15/32 144A | 1075000 | 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 5/1/33 144A | 650000 | 664 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 9/15/31 144A | 375000 | 387 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 1/15/34 144A | 725000 | 747 |
|  Coeur Mining, Inc.<br>5.125%, 2/15/29 144A | 1950000 | 1915 |
|  Element Solutions, Inc.<br>3.875%, 9/1/28 144A | 1625000 | 1575 |
|  H.B. Fuller Co.<br>4.250%, 10/15/28 | 525000 | 510 |
|  Herens Holdco SARL<br>4.750%, 5/15/28 144A | 1425000 | 1248 |
|  Illuminate Buyer LLC / Illuminate Holdings IV, Inc.<br>9.000%, 7/1/28 144A | 1875000 | 1881 |
|  Inversion Escrow Issuer LLC<br>6.750%, 8/1/32 144A | 2225000 | 2192 |
|  Olympus Water US Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 10/1/28 144A | 1500000 | 1442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/1/29 144A | 1775000 | 1723 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 10/1/27 144A | 875000 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 2/15/33 144A | 2150000 | 2152 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 11/15/28 144A | 2125000 | 2230 |
|  SNF Group SACA<br>3.375%, 3/15/30 144A | 950000 | 882 |
|  Solstice Advanced Materials, Inc.<br>5.625%, 9/30/33 144A | 825000 | 828 |
|  WR Grace Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 6/15/27 144A | 446000 | 443 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 8/15/29 144A | 1525000 | 1417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 8/15/32 144A | 1000000 | 989 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Basic Materials continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 3/1/31 144A | 325000 | 331 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **33466** |
|  **Communications (8.9%)** |  |  |
|  Cars.com, Inc.<br>6.375%, 11/1/28 144A | 1825000 | 1818 |
|  CCO Holdings LLC / CCO Holdings Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 1/15/34 144A | 1200000 | 1037 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 8/15/30 144A | 1500000 | 1417 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 5/1/32 | 1700000 | 1547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 6/1/33 144A | 1175000 | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 3/1/30 144A | 3100000 | 2975 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 2/1/32 144A | 525000 | 486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 2/1/28 144A | 2000000 | 1981 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 5/1/27 144A | 2225000 | 2210 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 6/1/29 144A | 1350000 | 1341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 5/1/26 144A | 275000 | 275 |
|  Ciena Corp.<br>4.000%, 1/31/30 144A | 250000 | 238 |
|  CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 2/15/31 144A | 825000 | 532 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/1/30 144A | 950000 | 622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 11/15/31 144A | 2750000 | 1788 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 2/1/29 144A | 1100000 | 813 |
|  Cumulus Media New Holdings, Inc.<br>8.000%, 7/1/29 144A | 356000 | 91 |
|  Gen Digital, Inc.<br>6.250%, 4/1/33 144A | 800000 | 817 |
|  Go Daddy Operating Co. LLC / GD Finance Co., Inc.<br>5.250%, 12/1/27 144A | 1625000 | 1622 |
|  Gray Media, Inc.<br>5.375%, 11/15/31 144A | 975000 | 732 |
|  Lamar Media Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 1/15/31 | 425000 | 395 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 2/15/30 | 100000 | 96 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 1/15/29 | 675000 | 669 |
|  Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 8/1/30 144A | 1925000 | 1818 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 6/1/28 144A | 1450000 | 1424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 12/15/27 144A | 525000 | 524 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 9/15/33 144A | 450000 | 454 |
|  Midas OpCo Holdings LLC<br>5.625%, 8/15/29 144A | 2525000 | 2453 |
|  Millennium Escrow Corp.<br>6.625%, 8/1/26 144A | 1425000 | 1365 |
|  Nexstar Media, Inc.<br>5.625%, 7/15/27 144A | 675000 | 674 |
|  Outfront Media Capital LLC / Outfront Media Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 1/15/29 144A | 1150000 | 1105 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 3/15/30 144A | 1175000 | 1129 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 2/15/31 144A | 150000 | 158 |
|  Sinclair Television Group, Inc.<br>4.375%, 12/31/32 144A | 150000 | 107 |

---

**1** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Communications continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 3/1/30 144A | 425000 | 361 |
|  Sirius XM Radio LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.125%, 9/1/26 144A | 1075000 | 1060 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 9/1/31 144A | 1875000 | 1699 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 7/15/28 144A | 550000 | 531 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 7/1/30 144A | 775000 | 727 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 7/1/29 144A | 1375000 | 1375 |
|  Sunrise FinCo I BV<br>4.875%, 7/15/31 144A | 3225000 | 3072 |
|  Telenet Finance Luxembourg Notes SARL<br>5.500%, 3/1/28 144A | 4400000 | 4365 |
|  Univision Communications, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 5/1/29 144A | 1225000 | 1155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 6/30/30 144A | 1025000 | 1030 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 8/15/28 144A | 1675000 | 1736 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.375%, 8/1/32 144A | 700000 | 746 |
|  Viavi Solutions, Inc.<br>3.750%, 10/1/29 144A | 1175000 | 1108 |
|  Virgin Media Finance PLC<br>5.000%, 7/15/30 144A | 2325000 | 2160 |
|  Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 8/15/30 144A | 250000 | 236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 5/15/29 144A | 475000 | 470 |
|  Virgin Media Vendor Financing Notes IV<br>5.000%, 7/15/28 144A | 925000 | 906 |
|  VMED O2 UK Financing I PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 1/31/31 144A | 600000 | 556 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 7/15/31 144A | 1475000 | 1388 |
|  VZ Secured Financing BV<br>5.000%, 1/15/32 144A | 1225000 | 1108 |
|  Ziggo Bond Co. BV<br>5.125%, 2/28/30 144A | 1300000 | 1178 |
|  Ziggo BV<br>4.875%, 1/15/30 144A | 200000 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **62914** |
|  **Consumer, Cyclical (19.7%)** |  |  |
|  1011778 BC ULC / New Red Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 1/15/28 144A | 1125000 | 1098 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/15/30 144A | 5150000 | 4853 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 1/15/28 144A | 1175000 | 1155 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 9/15/29 144A | 375000 | 379 |
|  Academy, Ltd.<br>6.000%, 11/15/27 144A | 1850000 | 1849 |
|  Adient Global Holdings, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 4/15/28 144A | 350000 | 359 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 2/15/33 144A | 1400000 | 1450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 4/15/31 144A | 1150000 | 1206 |
|  Affinity Interactive<br>6.875%, 12/15/27 144A | 1375000 | 784 |
|  American Airlines, Inc. / AAdvantage Loyalty IP, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 4/20/26 144A | 412500 | 413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 4/20/29 144A | 200000 | 201 |
|  American Builders & Contractors Supply Co., Inc.<br>4.000%, 1/15/28 144A | 2050000 | 2009 |
|  Aramark Services, Inc.<br>5.000%, 2/1/28 144A | 225000 | 224 |
|  Asbury Automotive Group, Inc.<br>4.625%, 11/15/29 144A | 1850000 | 1795 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Consumer, Cyclical continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 2/15/32 144A | 675000 | 648 |
|  Beach Acquisition Bidco LLC<br>1.000%, 7/15/33 144A | 3350000 | 3613 |
|  Boyd Gaming Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 12/1/27 | 1650000 | 1640 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 6/15/31 144A | 575000 | 554 |
|  Caesars Entertainment, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 10/15/29 144A | 650000 | 622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/15/32 144A | 2550000 | 2512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 2/15/32 144A | 1450000 | 1479 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 2/15/30 144A | 525000 | 540 |
|  Carnival Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 5/1/29 144A | 350000 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 3/15/30 144A | 350000 | 357 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 8/1/32 144A | 625000 | 636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/15/31 144A | 1075000 | 1102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 5/1/29 144A | 1225000 | 1243 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 2/15/33 144A | 875000 | 897 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 8/15/29 144A | 375000 | 394 |
|  Champ Acquisition Corp.<br>8.375%, 12/1/31 144A | 950000 | 1010 |
|  Churchill Downs, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 4/1/27 144A | 225000 | 225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 4/1/30 144A | 500000 | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 5/1/31 144A | 2225000 | 2280 |
|  Clarios Global LP / Clarios US Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 5/15/28 144A | 625000 | 639 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 2/15/30 144A | 975000 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 9/15/32 144A | 3650000 | 3731 |
|  Dana, Inc.<br>5.375%, 11/15/27 | 150000 | 150 |
|  Dornoch Debt Merger Sub, Inc.<br>6.625%, 10/15/29 144A | 2925000 | 2516 |
|  Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.700%, 8/10/26 | 725000 | 713 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 11/13/25 | 3250000 | 3244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 11/13/30 | 1975000 | 1842 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 8/17/27 | 1350000 | 1328 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.271%, 1/9/27 | 1675000 | 1661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.389%, 1/8/26 | 2725000 | 2724 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.113%, 5/3/29 | 1200000 | 1191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.800%, 5/12/28 | 700000 | 727 |
|  Forvia SE<br>6.750%, 9/15/33 144A | 325000 | 330 |
|  Foundation Building Materials, Inc.<br>6.000%, 3/1/29 144A | 3625000 | 3674 |
|  The Gap, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 10/1/29 144A | 1325000 | 1239 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 10/1/31 144A | 225000 | 204 |
|  Gates Corp.<br>6.875%, 7/1/29 144A | 1375000 | 1427 |
|  Group 1 Automotive, Inc.<br>6.375%, 1/15/30 144A | 375000 | 384 |
|  Hanesbrands, Inc.<br>9.000%, 2/15/31 144A | 1975000 | 2090 |
|  Hilton Domestic Operating Co., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 2/15/32 144A | 700000 | 641 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 5/1/29 144A | 1150000 | 1106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 5/1/28 144A | 800000 | 801 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 9/15/33 144A | 150000 | 152 |

---

**2** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Consumer, Cyclical continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 3/15/33 144A | 875000 | 893 |
|  IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 5/15/29 144A | 1650000 | 1656 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.000%, 11/15/32 144A | 2650000 | 2781 |
|  Interface, Inc.<br>5.500%, 12/1/28 144A | 1350000 | 1348 |
|  JB Poindexter & Co., Inc.<br>8.750%, 12/15/31 144A | 1800000 | 1885 |
|  KFC Holding Co. / Pizza Hut Holdings LLC /<br>Taco Bell of America LLC<br>4.750%, 6/1/27 144A | 550000 | 548 |
|  Kontoor Brands, Inc.<br>4.125%, 11/15/29 144A | 575000 | 545 |
|  LCM Investments Holdings II LLC<br>8.250%, 8/1/31 144A | 2975000 | 3146 |
|  Light and Wonder International, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/1/33 144A | 625000 | 626 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 11/15/29 144A | 1975000 | 2027 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 9/1/31 144A | 875000 | 910 |
|  Lithia Motors, Inc.<br>5.500%, 10/1/30 144A | 1400000 | 1398 |
|  MGM Resorts International |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 9/15/29 | 1025000 | 1043 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 4/15/32 | 2425000 | 2471 |
|  Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp.<br>4.875%, 5/1/29 144A | 1875000 | 1823 |
|  NCL Corp., Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 1/15/31 144A | 350000 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 9/15/33 144A | 500000 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 2/1/32 144A | 1275000 | 1311 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 2/15/29 144A | 275000 | 293 |
|  NCL Finance, Ltd.<br>6.125%, 3/15/28 144A | 750000 | 766 |
|  Patrick Industries, Inc.<br>6.375%, 11/1/32 144A | 2075000 | 2105 |
|  Qnity Electronics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 8/15/32 144A | 400000 | 403 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 8/15/33 144A | 450000 | 460 |
|  QXO Building Products, Inc.<br>6.750%, 4/30/32 144A | 2200000 | 2278 |
|  Real Hero Merger Sub 2, Inc.<br>6.250%, 2/1/29 144A | 1575000 | 1072 |
|  Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp.<br>6.250%, 10/15/30 144A | 1100000 | 1110 |
|  Royal Caribbean Cruises, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 7/15/27 144A | 750000 | 757 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 8/31/26 144A | 750000 | 753 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 9/30/31 144A | 500000 | 510 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 2/1/33 144A | 1275000 | 1307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 3/15/32 144A | 925000 | 955 |
|  Sally Holdings LLC / Sally Capital, Inc.<br>6.750%, 3/1/32 | 1150000 | 1196 |
|  SeaWorld Parks & Entertainment, Inc.<br>5.250%, 8/15/29 144A | 2900000 | 2852 |
|  Six Flags Entertainment Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 4/15/27 144A | 475000 | 474 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 5/15/31 144A | 2300000 | 2301 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Consumer, Cyclical continued** |  |  |
|  Station Casinos LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 2/15/28 144A | 2000000 | 1966 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 12/1/31 144A | 1675000 | 1580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 3/15/32 144A | 250000 | 257 |
|  Suburban Propane Partners LP / Suburban Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 6/1/31 144A | 1850000 | 1760 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 3/1/27 | 900000 | 897 |
|  WarnerMedia Holdings, Inc.<br>5.050%, 3/15/42 | 2600000 | 2076 |
|  Whirlpool Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 6/15/30 | 375000 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/15/33 | 2425000 | 2420 |
|  White Cap Buyer LLC<br>6.875%, 10/15/28 144A | 3150000 | 3141 |
|  The William Carter Co.<br>5.625%, 3/15/27 144A | 1275000 | 1276 |
|  WMG Acquisition Corp.<br>3.750%, 12/1/29 144A | 650000 | 620 |
|  Wyndham Hotels & Resorts, Inc.<br>4.375%, 8/15/28 144A | 725000 | 708 |
|  Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.<br>6.250%, 3/15/33 144A | 1250000 | 1269 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 2/15/31 144A | 1100000 | 1184 |
|  Yum! Brands, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 1/31/32 | 1625000 | 1579 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 1/15/30 144A | 225000 | 224 |
|  ZF North America Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 4/14/28 144A | 850000 | 862 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 4/14/30 144A | 475000 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **139421** |
|  **Consumer, Non-cyclical (15.3%)** |  |  |
|  1261229 BC, Ltd.<br>1.000%, 4/15/32 144A | 2950000 | 3024 |
|  AHP Health Partners, Inc.<br>5.750%, 7/15/29 144A | 1450000 | 1427 |
|  Albertsons Cos., Inc. / Safeway, Inc. /<br>New Albertson's LP / Albertson's LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.250%, 3/15/26 144A | 350000 | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 3/15/29 144A | 750000 | 711 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 2/15/28 144A | 700000 | 700 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 3/15/33 144A | 300000 | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 2/15/28 144A | 1200000 | 1219 |
|  Allied Universal Holdco LLC / Allied Universal Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/29 144A | 2150000 | 2114 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 6/15/30 144A | 1400000 | 1439 |
|  Allied Universal Holdco LLC<br>7.875%, 2/15/31 144A | 2000000 | 2097 |
|  Amneal Pharmaceuticals, Inc.<br>6.875%, 8/1/32 144A | 1050000 | 1086 |
|  Avantor Funding, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 11/1/29 144A | 1825000 | 1735 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 7/15/28 144A | 2350000 | 2312 |
|  Bausch Health Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 6/1/28 144A | 1725000 | 1544 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 1/30/30 144A | 1700000 | 1198 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/15/29 144A | 625000 | 488 |

---

**3** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Consumer, Non-cyclical continued** |  |  |
|  BellRing Brands, Inc.<br>7.000%, 3/15/30 144A | 2050000 | 2117 |
|  Belron UK Finance PLC<br>5.750%, 10/15/29 144A | 500000 | 506 |
|  Boost Newco Borrower LLC<br>7.500%, 1/15/31 144A | 4025000 | 4270 |
|  The Brink's Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/15/29 144A | 1075000 | 1106 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 6/15/32 144A | 1050000 | 1092 |
|  CHS / Community Health Systems, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 5/15/30 144A | 1000000 | 905 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 1/15/29 144A | 550000 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 4/1/30 144A | 800000 | 580 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 4/15/29 144A | 1375000 | 1093 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 1/15/34 144A | 875000 | 896 |
|  Clarivate Science Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 7/1/28 144A | 350000 | 337 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 7/1/29 144A | 3850000 | 3638 |
|  Concentra Health Services, Inc.<br>6.875%, 7/15/32 144A | 700000 | 727 |
|  Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 4/1/29 144A | 1000000 | 951 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 6/1/28 144A | 875000 | 873 |
|  Embecta Corp.<br>6.750%, 2/15/30 144A | 650000 | 634 |
|  Froneri Lux FinCo SARL<br>6.000%, 8/1/32 144A | 3575000 | 3579 |
|  Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 2/15/27 144A | 875000 | 868 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/1/29 144A | 2375000 | 2355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 2/15/28 144A | 600000 | 615 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 8/1/32 144A | 800000 | 829 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 11/15/32 144A | 2625000 | 2725 |
|  Grifols SA<br>4.750%, 10/15/28 144A | 4125000 | 4007 |
|  HealthEquity, Inc.<br>4.500%, 10/1/29 144A | 2225000 | 2157 |
|  Herc Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 6/15/30 144A | 825000 | 857 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 6/15/33 144A | 1225000 | 1279 |
|  Insulet Corp.<br>6.500%, 4/1/33 144A | 275000 | 286 |
|  IQVIA, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/15/26 144A | 1375000 | 1373 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 5/15/27 144A | 750000 | 748 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 6/1/32 144A | 1775000 | 1825 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 5/15/30 144A | 200000 | 207 |
|  Jazz Securities DAC<br>4.375%, 1/15/29 144A | 500000 | 487 |
|  Medline Borrower LP<br>3.875%, 4/1/29 144A | 1625000 | 1567 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 10/1/29 144A | 6000000 | 5948 |
|  Medline Borrower LP / Medline Co-Issuer, Inc.<br>6.250%, 4/1/29 144A | 1150000 | 1179 |
|  Molina Healthcare, Inc.<br>6.250%, 1/15/33 144A | 1350000 | 1365 |
|  Neogen Food Safety Corp.<br>8.625%, 7/20/30 144A | 250000 | 261 |
|  Opal Bidco SAS<br>6.500%, 3/31/32 144A | 1675000 | 1716 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Consumer, Non-cyclical continued** |  |  |
|  Organon & Co. / Organon Foreign Debt Co-Issuer BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 4/30/28 144A | 425000 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 4/30/31 144A | 1275000 | 1117 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 5/15/34 144A | 300000 | 288 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 5/15/34 144A | 2450000 | 2270 |
|  Performance Food Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 8/1/29 144A | 1425000 | 1384 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/27 144A | 950000 | 948 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 9/15/32 144A | 275000 | 282 |
|  Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 12/15/29 144A | 900000 | 896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/15/32 144A | 1025000 | 1054 |
|  Raven Acquisition Holdings LLC<br>6.875%, 11/15/31 144A | 2975000 | 3057 |
|  Select Medical Corp.<br>6.250%, 12/1/32 144A | 2350000 | 2351 |
|  Shift4 Payments LLC / Shift4 Payments Finance Sub, Inc.<br>6.750%, 8/15/32 144A | 825000 | 853 |
|  Teleflex, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 6/1/28 144A | 250000 | 244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 11/15/27 | 450000 | 446 |
|  Tenet Healthcare Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 6/1/29 | 225000 | 220 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 6/15/28 | 125000 | 124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 11/1/27 | 1800000 | 1797 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 10/1/28 | 2175000 | 2176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 6/15/30 | 775000 | 785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/1/27 | 1125000 | 1125 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 5/15/31 | 1125000 | 1165 |
|  United Rentals North America, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 1/15/28 | 1225000 | 1221 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 1/15/30 | 425000 | 427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 5/15/27 | 400000 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 12/15/29 144A | 375000 | 386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 3/15/34 144A | 675000 | 702 |
|  US Foods, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 6/1/30 144A | 700000 | 684 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 2/15/29 144A | 1500000 | 1478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 4/15/33 144A | 275000 | 276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 9/15/28 144A | 775000 | 799 |
|  ZipRecruiter, Inc.<br>5.000%, 1/15/30 144A | 975000 | 785 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **108391** |
|  **Diversified (0.2%)** |  |  |
|  Stena International SA<br>7.250%, 1/15/31 144A | 1475000 | 1504 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **1504** |
|  **Energy (10.9%)** |  |  |
|  Aethon United BR LP / Aethon United Finance Corp.<br>7.500%, 10/1/29 144A | 1675000 | 1747 |
|  Antero Midstream Partners LP / Antero Midstream Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 6/15/29 144A | 975000 | 971 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 1/15/28 144A | 2825000 | 2819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 10/15/33 144A | 2200000 | 2190 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 2/1/32 144A | 225000 | 232 |

---

**4** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Energy continued** |  |  |
|  Antero Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 3/1/30 144A | 625000 | 629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.625%, 2/1/29 144A | 244000 | 249 |
|  Archrock Partners LP / Archrock Partners Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 4/1/28 144A | 1975000 | 1978 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 4/1/27 144A | 3275000 | 3275 |
|  Aris Water Holdings LLC<br>7.250%, 4/1/30 144A | 800000 | 845 |
|  Ascent Resources Utica Holdings LLC / ARU Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/30/29 144A | 825000 | 823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 10/15/32 144A | 550000 | 561 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 7/15/33 144A | 500000 | 508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 11/1/27 144A | 400000 | 483 |
|  Blue Racer Midstream LLC / Blue Racer Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 7/15/29 144A | 400000 | 415 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 7/15/32 144A | 950000 | 999 |
|  Chesapeake Energy Corp. Escrow<br>7.000%, 10/1/24 \* | 1000000 | 3 |
|  Chord Energy Corp.<br>6.000%, 10/1/30 144A | 850000 | 844 |
|  Civitas Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 7/1/28 144A | 1425000 | 1477 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 11/1/30 144A | 575000 | 596 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 7/1/31 144A | 300000 | 307 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 6/15/33 144A | 525000 | 555 |
|  CNX Midstream Partners LP<br>4.750%, 4/15/30 144A | 2250000 | 2158 |
|  CNX Resources Corp.<br>7.250%, 3/1/32 144A | 525000 | 545 |
|  Comstock Resources, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 1/15/30 144A | 475000 | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 3/1/29 144A | 2175000 | 2171 |
|  DT Midstream, Inc.<br>4.375%, 6/15/31 144A | 1600000 | 1546 |
|  Energy Transfer LP<br>7.375%, 2/1/31 144A | 750000 | 783 |
|  EQT Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 1/15/31 | 625000 | 624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 4/1/29 | 600000 | 622 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 6/1/27 | 975000 | 994 |
|  Expand Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 3/15/30 | 300000 | 305 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 2/1/29 144A | 225000 | 226 |
|  Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.250%, 2/15/30 144A | 625000 | 606 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 6/15/28 144A | 1300000 | 1299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 10/15/30 144A | 475000 | 478 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 3/1/28 144A | 200000 | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/1/29 144A | 200000 | 206 |
|  HF Sinclair Corp.<br>5.000%, 2/1/28 | 1475000 | 1478 |
|  Kodiak Gas Services LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/1/33 144A | 575000 | 585 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/1/35 144A | 975000 | 1001 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 2/15/29 144A | 2050000 | 2127 |
|  Matador Resources Co.<br>6.250%, 4/15/33 144A | 675000 | 678 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Energy continued** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 4/15/32 144A | 1000000 | 1010 |
|  Nabors Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 5/15/27 144A | 176000 | 179 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.875%, 8/15/31 144A | 450000 | 419 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.125%, 1/31/30 144A | 475000 | 494 |
|  Nabors Industries, Ltd.<br>7.500%, 1/15/28 144A | 825000 | 824 |
|  Northriver Midstream Finance LP<br>6.750%, 7/15/32 144A | 2550000 | 2608 |
|  Permian Resources Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 2/1/33 144A | 600000 | 611 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 1/15/32 144A | 325000 | 337 |
|  Precision Drilling Corp.<br>6.875%, 1/15/29 144A | 500000 | 503 |
|  Range Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 2/15/30 144A | 475000 | 465 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 1/15/29 | 1125000 | 1151 |
|  Rockies Express Pipeline LLC<br>6.750%, 3/15/33 144A | 700000 | 731 |
|  SM Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 1/15/27 | 250000 | 250 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 9/15/26 | 1100000 | 1100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 8/1/32 144A | 275000 | 275 |
|  Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 3/15/34 144A | 3225000 | 3193 |
|  Targa Resources Partners LP / Targa Resources Partners Finance Corp.<br>5.500%, 3/1/30 | 1900000 | 1933 |
|  TerraForm Power Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 1/15/30 144A | 1725000 | 1667 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 1/31/28 144A | 1775000 | 1762 |
|  TGNR Intermediate Holdings LLC<br>5.500%, 10/15/29 144A | 2150000 | 2104 |
|  USA Compression Partners LP / USA Compression Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/1/33 144A | 650000 | 652 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 9/1/27 | 1625000 | 1625 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.125%, 3/15/29 144A | 2450000 | 2527 |
|  Venture Global Plaquemines LNG LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 1/15/34 144A | 1725000 | 1816 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 1/15/36 144A | 1275000 | 1354 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 5/1/33 144A | 1900000 | 2100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 5/1/35 144A | 1700000 | 1919 |
|  WBI Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 10/15/30 144A | 850000 | 850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/15/33 144A | 575000 | 575 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **76633** |
|  **Financial (12.0%)** |  |  |
|  Acrisure LLC / Acrisure Finance, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 7/1/32 144A | 425000 | 438 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.500%, 11/6/30 144A | 2050000 | 2136 |
|  Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/1/29 144A | 575000 | 572 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/1/31 144A | 375000 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 10/15/27 144A | 275000 | 276 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 1/15/31 144A | 2225000 | 2299 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 10/1/32 144A | 1550000 | 1597 |

---

**5** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Financial continued** |  |  |
|  Ally Financial, Inc.<br>5.750%, 11/20/25 | 1125000 | 1126 |
|  AmWINS Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 6/30/29 144A | 3400000 | 3304 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 2/15/29 144A | 1225000 | 1250 |
|  Amynta Agency Borrower, Inc. / Amynta Warranty Borrower, Inc.<br>7.500%, 7/15/33 144A | 1950000 | 1996 |
|  Ardonagh Finco, Ltd.<br>7.750%, 2/15/31 144A | 950000 | 994 |
|  Ardonagh Group Finance, Ltd.<br>8.875%, 2/15/32 144A | 6675000 | 7017 |
|  Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance<br>7.125%, 5/15/31 144A | 3075000 | 3192 |
|  Broadstreet Partners Group LLC<br>5.875%, 4/15/29 144A | 5050000 | 5035 |
|  CrossCountry Intermediate HoldCo LLC<br>6.500%, 10/1/30 144A | 1600000 | 1606 |
|  HUB International, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 12/1/29 144A | 3075000 | 3072 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 6/15/30 144A | 3475000 | 3624 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.375%, 1/31/32 144A | 4625000 | 4816 |
|  Iron Mountain, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 1/15/33 144A | 725000 | 740 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.000%, 2/15/29 144A | 3125000 | 3220 |
|  Jones Deslauriers Insurance Management, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 10/1/33 144A | 2050000 | 2039 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 3/15/30 144A | 1800000 | 1891 |
|  Macquarie Airfinance Holdings, Ltd.<br>8.125%, 3/30/29 144A | 150000 | 156 |
|  Navient Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 3/15/27 | 675000 | 672 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 3/15/29 | 475000 | 466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 6/15/26 | 500000 | 506 |
|  Panther Escrow Issuer LLC<br>7.125%, 6/1/31 144A | 5100000 | 5305 |
|  RHP Hotel Properties LP / RHP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 4/1/32 144A | 825000 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/15/33 144A | 375000 | 386 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 7/15/28 144A | 825000 | 851 |
|  Rocket Companies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 8/1/30 144A | 275000 | 282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 8/1/33 144A | 1250000 | 1290 |
|  Rocket Mortgage LLC / Rocket Mortgage Co-Issuer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 10/15/26 144A | 1800000 | 1763 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 3/1/29 144A | 1475000 | 1407 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 3/1/31 144A | 1525000 | 1424 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.000%, 10/15/33 144A | 1200000 | 1096 |
|  Ryan Specialty LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 2/1/30 144A | 800000 | 775 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 8/1/32 144A | 1400000 | 1416 |
|  United Wholesale Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 11/15/25 144A | 2125000 | 2124 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 4/15/29 144A | 1375000 | 1356 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 6/15/27 144A | 950000 | 950 |
|  USI, Inc.<br>7.500%, 1/15/32 144A | 4700000 | 4929 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Financial continued** |  |  |
|  UWM Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 3/15/31 144A | 1000000 | 995 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 2/1/30 144A | 1275000 | 1297 |
|  VICI Properties LP / VICI Note Co., Inc.<br>4.250%, 12/1/26 144A | 625000 | 623 |
|  XHR LP<br>6.625%, 5/15/30 144A | 925000 | 950 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **84490** |
|  **Industrial (11.9%)** |  |  |
|  ARD Finance SA<br>6.500%, 6/30/27 144A Þ | 2392281 | 60 |
|  Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC<br>4.000%, 9/1/29 144A | 2725000 | 2522 |
|  Ardagh Packaging Finance PLC / Ardagh Holdings<br>USA, Inc.<br>5.250%, 8/15/27 144A | 4375000 | 1662 |
|  Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.875%, 8/15/30 | 700000 | 636 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 6/15/29 | 750000 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 3/15/28 | 675000 | 688 |
|  Clean Harbors, Inc.<br>5.750%, 10/15/33 144A | 875000 | 883 |
|  Clearwater Paper Corp.<br>4.750%, 8/15/28 144A | 1875000 | 1764 |
|  Clydesdale Acquisition Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 4/15/32 144A | 475000 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 1/15/30 144A | 725000 | 744 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.750%, 4/15/30 144A | 1725000 | 1772 |
|  Coherent Corp.<br>5.000%, 12/15/29 144A | 2425000 | 2392 |
|  CP Atlas Buyer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.750%, 7/15/30 144A | 1375000 | 1440 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.750%, 1/15/31 144A | 2200000 | 2197 |
|  Crown Americas LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 4/1/30 | 400000 | 405 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/1/33 144A | 1225000 | 1237 |
|  EMRLD Borrower LP / Emerald Co-Issuer, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 12/15/30 144A | 4225000 | 4343 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 7/15/31 144A | 200000 | 208 |
|  Energizer Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 3/31/29 144A | 2300000 | 2206 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 6/15/28 144A | 1400000 | 1376 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 9/15/33 144A | 1525000 | 1491 |
|  Enpro, Inc.<br>6.125%, 6/1/33 144A | 375000 | 383 |
|  Graphic Packaging International LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 3/15/28 144A | 425000 | 410 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.500%, 3/1/29 144A | 450000 | 427 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 7/15/27 144A | 500000 | 496 |
|  Hillenbrand, Inc.<br>6.250%, 2/15/29 | 1075000 | 1102 |
|  Madison IAQ LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 6/30/28 144A | 250000 | 244 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 6/30/29 144A | 5125000 | 5063 |
|  Masterbrand, Inc.<br>7.000%, 7/15/32 144A | 1000000 | 1033 |
|  Mauser Packaging Solutions Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.875%, 4/15/27 144A | 1275000 | 1287 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 4/15/27 144A | 750000 | 752 |

---

**6** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Industrial continued** |  |  |
|  Maxam Prill SARL<br>7.750%, 7/15/30 144A | 2325000 | 2341 |
|  Miter Brands Acquisition Holdco, Inc. / MIWD Borrower LLC<br>6.750%, 4/1/32 144A | 575000 | 591 |
|  MIWD Holdco II LLC / MIWD Finance Corp.<br>5.500%, 2/1/30 144A | 1975000 | 1924 |
|  OI European Group BV<br>4.750%, 2/15/30 144A | 450000 | 429 |
|  Owens-Brockway Glass Container, Inc.<br>6.625%, 5/13/27 144A | 375000 | 374 |
|  Quikrete Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 3/1/32 144A | 1400000 | 1450 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 3/1/33 144A | 1275000 | 1326 |
|  Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 4/15/29 144A | 550000 | 547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 7/15/32 144A | 1400000 | 1450 |
|  Sealed Air Corp. / Sealed Air Corp. US |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.125%, 2/1/28 144A | 550000 | 558 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 2/15/31 144A | 575000 | 603 |
|  Sensata Technologies BV<br>5.875%, 9/1/30 144A | 2125000 | 2138 |
|  Sensata Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 2/15/31 144A | 225000 | 208 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 7/15/32 144A | 250000 | 259 |
|  SPX FLOW, Inc.<br>8.750%, 4/1/30 144A | 2950000 | 3030 |
|  Standard Building Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 8/1/33 144A | 1750000 | 1773 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 8/15/32 144A | 700000 | 718 |
|  Standard Industries, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.375%, 1/15/31 144A | 250000 | 226 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.375%, 7/15/30 144A | 1200000 | 1150 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 1/15/28 144A | 1325000 | 1314 |
|  TopBuild Corp.<br>5.625%, 1/31/34 144A | 1675000 | 1669 |
|  TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 1/15/29 | 1250000 | 1225 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 1/15/33 144A | 275000 | 278 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 1/31/34 144A | 275000 | 283 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 3/1/29 144A | 1025000 | 1048 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 5/31/33 144A | 975000 | 986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 3/1/32 144A | 2225000 | 2291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 8/15/28 144A | 1000000 | 1019 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.750%, 1/31/34 144A | 550000 | 569 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.875%, 12/15/30 144A | 3850000 | 3989 |
|  Trivium Packaging Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 7/15/30 144A | 775000 | 827 |
| &nbsp;&nbsp;&nbsp;&nbsp; 12.250%, 1/15/31 144A | 800000 | 866 |
|  TTM Technologies, Inc.<br>4.000%, 3/1/29 144A | 550000 | 529 |
|  Watco Cos. LLC / Watco Finance Corp.<br>7.125%, 8/1/32 144A | 1500000 | 1553 |
|  WESCO Distribution, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 3/15/29 144A | 1150000 | 1184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.375%, 3/15/33 144A | 450000 | 466 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 3/15/32 144A | 1375000 | 1429 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 6/15/28 144A | 1075000 | 1089 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **84187** |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Technology (10.2%)** |  |  |
|  Amentum Holdings, Inc.<br>7.250%, 8/1/32 144A | 2325000 | 2414 |
|  AthenaHealth Group, Inc.<br>6.500%, 2/15/30 144A | 4600000 | 4562 |
|  CACI International, Inc.<br>6.375%, 6/15/33 144A | 575000 | 593 |
|  Capstone Borrower, Inc.<br>8.000%, 6/15/30 144A | 2475000 | 2588 |
|  Cloud Software Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 3/31/29 144A | 3125000 | 3153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.625%, 8/15/33 144A | 875000 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 6/30/32 144A | 1075000 | 1140 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 9/30/29 144A | 3450000 | 3578 |
|  Consensus Cloud Solutions, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 10/15/26 144A | 1900000 | 1896 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 10/15/28 144A | 2225000 | 2235 |
|  CoreWeave, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 2/1/31 144A | 1075000 | 1102 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.250%, 6/1/30 144A | 2125000 | 2195 |
|  Elastic NV<br>4.125%, 7/15/29 144A | 2375000 | 2280 |
|  Ellucian Holdings, Inc.<br>6.500%, 12/1/29 144A | 550000 | 559 |
|  Entegris, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.625%, 5/1/29 144A | 725000 | 689 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.750%, 4/15/29 144A | 850000 | 843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.950%, 6/15/30 144A | 2725000 | 2763 |
|  Fair Isaac Corp.<br>6.000%, 5/15/33 144A | 825000 | 835 |
|  Fortress Intermediate 3, Inc.<br>7.500%, 6/1/31 144A | 1875000 | 1963 |
|  Insight Enterprises, Inc.<br>6.625%, 5/15/32 144A | 1350000 | 1384 |
|  Kioxia Holdings Corp.<br>6.625%, 7/24/33 144A | 1400000 | 1439 |
|  McAfee Corp.<br>7.375%, 2/15/30 144A | 6825000 | 6331 |
|  NCR Atleos Corp.<br>9.500%, 4/1/29 144A | 700000 | 758 |
|  NCR Voyix Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 10/1/28 144A | 1375000 | 1355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 4/15/29 144A | 350000 | 344 |
|  Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.875%, 2/15/28 144A | 1675000 | 1629 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.900%, 12/1/27 144A | 450000 | 468 |
|  Open Text Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 2/15/30 144A | 1250000 | 1184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 12/1/31 144A | 300000 | 278 |
|  Rocket Software, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 2/15/29 144A | 3925000 | 3822 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.000%, 11/28/28 144A | 950000 | 979 |
|  Science Applications International Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.875%, 4/1/28 144A | 875000 | 866 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 11/1/33 144A | 575000 | 575 |
|  Seagate Data Storage Technology Pte, Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.875%, 7/15/30 144A | 200000 | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.250%, 12/15/29 144A | 75000 | 80 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.500%, 7/15/31 144A | 700000 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp; 9.625%, 12/1/32 144A | 2127000 | 2409 |

---

**7** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Technology continued** |  |  |
|  SS&C Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 9/30/27 144A | 3850000 | 3843 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.500%, 6/1/32 144A | 625000 | 646 |
|  Synaptics, Inc.<br>4.000%, 6/15/29 144A | 1450000 | 1388 |
|  UKG, Inc.<br>6.875%, 2/1/31 144A | 4450000 | 4592 |
|  Zebra Technologies Corp.<br>6.500%, 6/1/32 144A | 525000 | 539 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **72133** |
|  **Utilities (2.9%)** |  |  |
|  Calpine Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.750%, 3/1/31 144A | 725000 | 691 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 2/15/28 144A | 1575000 | 1568 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.625%, 2/1/29 144A | 350000 | 347 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 2/1/31 144A | 600000 | 598 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 3/15/28 144A | 1075000 | 1076 |
| &nbsp;&nbsp;&nbsp;&nbsp; NRG Energy, Inc.<br> 3.875%, 2/15/32 144A | 207000 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.250%, 6/15/29 144A | 775000 | 772 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 1/15/28 | 400000 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 7/15/29 144A | 350000 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.750%, 1/15/34 144A | 350000 | 350 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 2/1/33 144A | 975000 | 990 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.000%, 1/15/36 144A | 2075000 | 2075 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.250%, 11/1/34 144A | 725000 | 743 |

---

---

| | | |
|:---|:---|:---|
| Corporate Bonds (96.7%) | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Utilities continued** |  |  |
|  TransAlta Corp.<br>7.750%, 11/15/29 | 350000 | 364 |
|  Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.000%, 7/31/27 144A | 1100000 | 1096 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.500%, 9/1/26 144A | 1400000 | 1399 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.625%, 2/15/27 144A | 1925000 | 1926 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.750%, 10/15/31 144A | 875000 | 926 |
|  XPLR Infrastructure Operating Partners LP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.500%, 9/15/27 144A | 700000 | 687 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.250%, 1/15/29 144A | 2075000 | 2130 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.375%, 1/15/31 144A | 250000 | 262 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8.625%, 3/15/33 144A | 1325000 | 1390 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **20332** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Corporate Bonds (Cost: $687,121)** |  | **683471** |
| Warrants (–%) |  |  |
|  **Communications (–%)** |  |  |
|  Audacy, Inc. - Black Scholes Warrants \*,Æ | 7085 | –π |
|  Audacy, Inc. - Non-Black Scholes Warrants \*,Æ | 1181 | –π |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  | **–**π |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Warrants (Cost: $2)** |  | **–**π |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (96.7%) (Cost: $691,011)<sup>@</sup>**  | &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (96.7%) (Cost: $691,011)<sup>@</sup>**  | **683555** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Other Assets, Less Liabilities (3.3%)** |  | **23583** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Assets (100.0%)** |  | **707138** |

---

+ All par is stated in U.S. Dollar unless otherwise noted.

\* Non income producing

Æ Security valued using significant unobservable inputs.

---

| | |
|:---|:---|
| 144A | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2025 the value of these securities (in thousands) was $621,529 representing 87.9% of the net assets.  |

---

---

| | |
|:---|:---|
| Þ | PIK - Payment In Kind. PIK rate of ARD Finance SA is 7.25%.  |

---

---

| | |
|:---|:---|
| π | Amount is less than one thousand.  |

---

---

| | |
|:---|:---|
| @ | At September 30, 2025, the aggregate cost of investments, including derivatives, for federal tax purposes (in thousands) was $690,797 and the net unrealized depreciation of investments based on that cost was $7,456 which is comprised of $12,007 aggregate gross unrealized appreciation and $19,463 aggregate gross unrealized depreciation. Because tax adjustments are calculated annually, these amounts do not reflect tax adjustments. For the previous fiscal year's federal income tax information, please refer to the Notes to the Financial Statements section in the Portfolio's most recent annual report.  |

---

**8** 

------

High Yield Bond Portfolio

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

The Fair Value Measurements and Disclosures Topic of the FASB Accounting Standards Codification defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of asset and liability, which segregates fair value measurements into levels. A summary of the fair value hierarchy is described below:

Level 1 - fair value is determined by unadjusted quoted prices in active markets for identical securities or derivatives

Level 2 - fair value is determined by other significant observable inputs

Level 3 - fair value is determined by significant unobservable inputs

The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Portfolio's perceived risk of that instrument.

The following is a summary of the inputs used in valuing the Portfolio's Investments at September 30, 2025.

---

| | | | |
|:---|:---|:---|:---|
|  | Valuation Inputs | Valuation Inputs | Valuation Inputs |
| **Description** | **Level 1 - Quoted**<br> **Prices** | **Level 2 - Other**<br> **Significant**<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Observable Inputs**  | **Level 3** <br> **- Significant** <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Unobservable** <br> **Inputs**  |
|  |  | *(Amounts in thousands)* |  |
|  Assets: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | $— | $— | $84 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds |  | 683471 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants |  |  | —π |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets: | $— | $683471 | $84 |

---

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the reconciliation of Level 3 securities and assumptions is not shown for the period ended September 30, 2025.

**9** 

------

Abbreviations (unaudited)

**Abbreviations that may be used in the preceding statements** 

---

| | |
|:---|:---|
|  ADR | American Depositary Receipt |
|  AFC | Available Funds Cap security - Security accrues interest at an assumed or uncapped rate. If the interest rate on the underlying loans is lower than the uncapped rate, then the security will pay at the lower rate. |
|  CSTR | Collateral Strip Rate security - interest is based on the weighted net interest rate of the collateral. |
|  IO | Interest Only Security |
|  PO | Principal Only Security |
|  RB | Revenue Bond |
|  CPURNSA | U.S. Consumer Price Index - All Urban Consumers - Not Seasonally Adjusted |
|  IBOR | Interbank Offered Rate |
|  LIBOR | London Interbank Offered Rate |
|  SOFR | Secured Overnight Financing Rate |
|  CME | Chicago Mercantile Exchange |
|  ICE | Intercontinental Exchange |
|  FTSE | Financial Times Stock Exchange |
|  SONIO | Sterling Overnight Interbank Average Rate |
|  MUTKCALM | Bank of Japan Unsecured Overnight Call Rate |
|  DAC | Designated Activity Company |
|  RSC | Restricted Scope Company |
|  KSC | Kuwait Shareholding Company |
|  TBA | To Be Announced |
|  CMT | Constant Maturity Treasury |
|  OIS | Overnight Index Swaps |
|  BBR | Bank Bill Rate |
|  BBSW | Bank Bill Swap Reference Rate |
|  DIFC | Dubai International Financial Centre |
|  EURIBOR | Euro Interbank Offered Rate |
|  PRIBOR | Prague Interbank Offered Rate |
|  SDR | Swedish Depository Receipt |
|  ETF | Exchange Traded Fund |
|  **Currency Abbreviations** | **Currency Abbreviations** |
|  AED | United Arab Emirates Dirham |
|  AUD | Australian Dollar |
|  BRL | Brazilian Real |
|  CAD | Canadian Dollar |
|  CHF | Swiss Franc |
|  CNH | Chinese Yuan Renminbi - Offshore |
|  CNY | Chinese Yuan Renminbi |
|  CZK | Czech Koruna |
|  DKK | Danish Krone |
|  EGP | Egyptian Pound |
|  EUR | Euro |
|  GBP | British Pound |
|  HKD | Hong Kong Dollar |
|  IDR | Indonesian Rupiah |
|  ILS | Israeli Shekel |
|  INR | Indian Rupee |
|  JPY | Japanese Yen |
|  KRW | South Korean Won |
|  MXN | Mexican New Peso |
|  NGN | Nigerian Naira |
|  NOK | Norwegian Krone |
|  NZD | New Zealand Dollar |
|  PEN | Peruvian Sol |
|  PLN | Polish Zloty |
|  RUB | Russian Ruble |
|  SAR | Saudi Riyal |
|  SEK | Swedish Krona |
|  SGD | Singapore Dollar |
|  THB | Thai Baht |
|  TRY | Turkish Lira |
|  TWD | Taiwan Dollar |
|  USD | United States Dollar |
|  ZAR | South African Rand |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHWESTERN MUTUAL SERIES FUND INC

- **b. Investment Company Act file number:** 811-03990

- **c. CIK number of Registrant:** 0000742212

- **d. LEI of Registrant:** 549300T1UBX7MDSNZA55

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

  - **Street Address 1:** 720 E WISCONSIN AVE

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-271-1444

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

- **a. Name of Series:** High Yield Bond Portfolio

- **b. EDGAR series identifier (if any):** S000000046

- **c. LEI of Series:** KUVC5M5XHVXDKYES4T32

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $714362197.81

**Total Liabilities:** $6907891.46

**Net Assets:** $707454306.35

**Delayed Delivery Securities:** $6550000.00

**Cash Not Reported:** $21581023.69

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -374.97000000 | **1-Year:** -2207.86000000 | **5-Year:** -3147.14000000 | **10-Year:** -194.41000000 | **30-Year:** 0.00000000

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

- **3-Month:** -3389.49000000 | **1-Year:** -54232.33000000 | **5-Year:** -99891.54000000 | **10-Year:** -20900.48000000 | **30-Year:** -506.77000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000081 | 0.29%                | 1.14%                | 0.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-497991.35              | $-1185144.44                               |
| Month 2  | $-172268.04              | $4942745.71                                |
| Month 3  | $127846.79               | $-16825.75                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    550000 | PA      | $533852.00    | 0.08%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO           | Matador Resources Co                                                            | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1009569.00   | 0.14%             | 2032-04-15      | Fixed         | 6.50%                 | 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        |   1175000 | PA      | $1044646.39   | 0.15%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C       | Outfront Media Capital LLC / Outfront Media Capital Corp                        | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1129281.95   | 0.16%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| HERENS HOLDCO SARL             | Herens Holdco Sarl                                                              | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |   1425000 | PA      | $1248426.97   | 0.18%             | 2028-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I       | Performance Food Group Inc                                                      | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    275000 | PA      | $281685.53    | 0.04%             | 2032-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI       | Antero Midstream Partners LP / Antero Midstream Finance Corp                    | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $231734.70    | 0.03%             | 2032-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    650000 | PA      | $663565.50    | 0.09%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC                | Hanesbrands Inc                                                                 | CUSIP: 410345AQ5<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $2090326.18   | 0.30%             | 2031-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC            | Station Casinos LLC                                                             | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1966329.80   | 0.28%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO        | Allied Universal Holdco LLC                                                     | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2096991.44   | 0.30%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN       | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    800000 | PA      | $800973.60    | 0.11%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C       | Outfront Media Capital LLC / Outfront Media Capital Corp                        | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1104564.65   | 0.16%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $572001.49    | 0.08%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2723998.86   | 0.39%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                    | CUSIP: 87470LAM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3225000 | PA      | $3192631.90   | 0.45%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                   | Calpine Corp                                                                    | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    350000 | PA      | $346560.66    | 0.05%             | 2029-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU       | Sinclair Television Group Inc                                                   | CUSIP: 829259BF6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    150000 | PA      | $106500.00    | 0.02%             | 2032-12-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CUMULUS MEDIA NEW HLDGS        | Cumulus Media New Holdings Inc                                                  | CUSIP: 23110AAB2<br>LEI: 5493001D9VBAVY1OKJ46 | Long             | DBT              | CORP              | US        |    356000 | PA      | $90772.88     | 0.01%             | 2029-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                      | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   1400000 | PA      | $1449651.14   | 0.20%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    550000 | PA      | $568677.47    | 0.08%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                   | Embecta Corp                                                                    | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |    650000 | PA      | $633750.00    | 0.09%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY       | Standard Industries Inc/NY                                                      | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1150535.52   | 0.16%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                   | US Foods Inc                                                                    | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    700000 | PA      | $684100.41    | 0.10%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CIENA CORP                     | Ciena Corp                                                                      | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    250000 | PA      | $238427.80    | 0.03%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FRONERI LUX FINCO SARL         | Froneri Lux FinCo SARL                                                          | CUSIP: 35901MAA5<br>LEI: 9845005YBZ75E5AA3B94 | Long             | DBT              | CORP              | LU        |   3575000 | PA      | $3579287.78   | 0.51%             | 2032-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS INC            | Viavi Solutions Inc                                                             | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1107824.90   | 0.16%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc             | Ally Financial Inc                                                              | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1125667.54   | 0.16%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH           | IHO Verwaltungs GmbH                                                            | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   1650000 | PA      | $1656220.58   | 0.23%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHAMP ACQUISITION CORP         | Champ Acquisition Corp                                                          | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $1009978.25   | 0.14%             | 2031-12-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc          | SS&C Technologies Inc                                                           | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3843349.13   | 0.54%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN       | Blue Racer Midstream LLC / Blue Racer Finance Corp                              | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $999080.80    | 0.14%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC               | AmWINS Group Inc                                                                | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1249906.70   | 0.18%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC          | Molina Healthcare Inc                                                           | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1364997.15   | 0.19%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN       | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    375000 | PA      | $379509.38    | 0.05%             | 2029-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                 | NCR Voyix Corp                                                                  | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1354454.72   | 0.19%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC       | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                            | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1269350.00   | 0.18%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC         | Energizer Holdings Inc                                                          | CUSIP: 29272WAG4<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1491487.12   | 0.21%             | 2033-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                      | Forvia SE                                                                       | CUSIP: 31209DAC9<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    325000 | PA      | $329731.64    | 0.05%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1327925.65   | 0.19%             | 2027-08-17      | Fixed         | 4.13%                 | 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        |    700000 | PA      | $699845.44    | 0.10%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                   | Calpine Corp                                                                    | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    600000 | PA      | $598246.38    | 0.08%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400017.20    | 0.06%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN       | Clarios Global LP / Clarios US Finance Co                                       | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    625000 | PA      | $638804.17    | 0.09%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE         | Edgewell Personal Care Co                                                       | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    875000 | PA      | $873128.11    | 0.12%             | 2028-06-01      | Fixed         | 5.50%                 | 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        |   1200000 | PA      | $1037475.54   | 0.15%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                | CUSIP: 68622FAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2269682.45   | 0.32%             | 2034-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                       | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $2130452.30   | 0.30%             | 2029-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV       | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV          | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    600000 | PA      | $597150.82    | 0.08%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP         | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2210058.46   | 0.31%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                           | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1124628.53   | 0.16%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP           | Range Resources Corp                                                            | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1151427.38   | 0.16%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                   | Entegris Inc                                                                    | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    725000 | PA      | $689054.57    | 0.10%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AUDACY CAPITAL                 | AUDACY CAPITAL                                                                  | CUSIP: 000000000<br>LEI: 549300S5JUSXRHNCHD80 | N/A              | DE               |  | US        |      7085 | NS      | $70.85        | 0.00%             |  |  |  | No            |                  3 | 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        |   2000000 | PA      | $1980740.48   | 0.28%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC              | Post Holdings Inc                                                               | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1053780.20   | 0.15%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC            | Avantor Funding Inc                                                             | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2311595.13   | 0.33%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS         | Axalta Coating Systems LLC                                                      | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |    475000 | PA      | $450017.04    | 0.06%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP       | Olympus Water US Holding Corp                                                   | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1723517.72   | 0.24%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP               | Boyd Gaming Corp                                                                | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1640529.66   | 0.23%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC         | Acrisure LLC / Acrisure Finance Inc                                             | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $437615.70    | 0.06%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AUDACY INC                     | AUDACY INC                                                                      | CUSIP: 05070N301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5845 | NS      | $84284.90     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| CAESARS ENTERTAIN INC          | Caesars Entertainment Inc                                                       | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1478982.60   | 0.21%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                             | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1095940.20   | 0.15%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL               | MGM Resorts International                                                       | CUSIP: 552953CJ8<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2470575.45   | 0.35%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN       | TerraForm Power Operating LLC                                                   | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1762189.83   | 0.25%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                 | Rocket Cos Inc                                                                  | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $282238.00    | 0.04%             | 2030-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ARD FINANCE SA                 | ARD Finance SA                                                                  | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |   2392281 | PA      | $59807.03     | 0.01%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1093125.00   | 0.15%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC         | WESCO Distribution Inc                                                          | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    450000 | PA      | $466482.68    | 0.07%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                           | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    225000 | PA      | $219741.82    | 0.03%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                      | CUSIP: 00687YAC9<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   1150000 | PA      | $1206099.30   | 0.17%             | 2031-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                   | Entegris Inc                                                                    | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2763231.75   | 0.39%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| PANTHER ESCROW ISSUER          | Panther Escrow Issuer LLC                                                       | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5100000 | PA      | $5304601.80   | 0.75%             | 2031-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC         | WESCO Distribution Inc                                                          | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1428927.91   | 0.20%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP             | CNX Resources Corp                                                              | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    525000 | PA      | $544649.09    | 0.08%             | 2032-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NCR VOYIX CORP                 | NCR Voyix Corp                                                                  | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    350000 | PA      | $344372.11    | 0.05%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOG | SEAGATE DATA STOR                                                               | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     75000 | PA      | $79395.15     | 0.01%             | 2029-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                | Fair Isaac Corp                                                                 | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    825000 | PA      | $835265.62    | 0.12%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                        | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    875000 | PA      | $890718.64    | 0.13%             | 2033-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL               | Allied Universal Holdco LLC / Allied Universal Finance Corp                     | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2113565.89   | 0.30%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC          | Nabors Industries Inc                                                           | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    176000 | PA      | $178659.01    | 0.03%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC              | Clean Harbors Inc                                                               | CUSIP: 184496AR8<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    875000 | PA      | $882643.85    | 0.12%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC          | Quikrete Holdings Inc                                                           | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1450181.60   | 0.20%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN       | Graphic Packaging International LLC                                             | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    425000 | PA      | $409983.43    | 0.06%             | 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        |    350000 | PA      | $347263.49    | 0.05%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE          | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1918804.08   | 0.27%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SPX FLOW INC                   | SPX FLOW Inc                                                                    | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $3030393.40   | 0.43%             | 2030-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC            | Jazz Securities DAC                                                             | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    500000 | PA      | $487118.15    | 0.07%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    725000 | PA      | $747043.63    | 0.11%             | 2034-01-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    375000 | PA      | $386140.88    | 0.05%             | 2029-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                | Sealed Air Corp                                                                 | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    550000 | PA      | $546931.33    | 0.08%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                 | 1261229 BC Ltd                                                                  | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2950000 | PA      | $3023903.52   | 0.43%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP         | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1547112.54   | 0.22%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC            | Sirius XM Radio LLC                                                             | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1699279.31   | 0.24%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP        | Asbury Automotive Group Inc                                                     | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    675000 | PA      | $648156.87    | 0.09%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1224966.00   | 0.17%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                   | Calpine Corp                                                                    | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1075548.25   | 0.15%             | 2028-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                   | US Foods Inc                                                                    | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    775000 | PA      | $798755.30    | 0.11%             | 2028-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                                                              | CUSIP: 226373AT5<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    750000 | PA      | $783361.75    | 0.11%             | 2031-02-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION         | Clydesdale Acquisition Holdings Inc                                             | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1771994.18   | 0.25%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| JB POINDEXTER & CO INC         | JB Poindexter & Co Inc                                                          | CUSIP: 465965AC5<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1885235.40   | 0.27%             | 2031-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                | Gen Digital Inc                                                                 | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    800000 | PA      | $816703.30    | 0.12%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS GRP       | Broadstreet Partners Group LLC                                                  | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |   5050000 | PA      | $5035291.88   | 0.71%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MASTERBRAND INC                | Masterbrand Inc                                                                 | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033426.00   | 0.15%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HLD       | Macquarie Airfinance Holdings Ltd                                               | CUSIP: 55609NAB4<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $156152.46    | 0.02%             | 2029-03-30      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                          | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    825000 | PA      | $823301.74    | 0.12%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC         | Group 1 Automotive Inc                                                          | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    375000 | PA      | $383637.75    | 0.05%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ILLUMINATE BUYER/HLDG          | Illuminate Buyer LLC / Illuminate Holdings IV Inc                               | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1880925.00   | 0.27%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                           | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1164688.62   | 0.16%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE       | ROCKIES EXPRESS PIPELINE                                                        | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    700000 | PA      | $730670.50    | 0.10%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP            | Medline Borrower LP                                                             | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1567221.47   | 0.22%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC          | Belron UK Finance PLC                                                           | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $506517.00    | 0.07%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                                  | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $2075298.03   | 0.29%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC            | Churchill Downs Inc                                                             | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499549.20    | 0.07%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME          | Six Flags Entertainment Corp                                                    | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2300910.80   | 0.33%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1225000 | PA      | $1243284.33   | 0.18%             | 2029-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY           | Garda World Security Corp                                                       | CUSIP: 36485MAM1<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $615062.40    | 0.09%             | 2028-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    425000 | PA      | $427110.55    | 0.06%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC            | Avantor Funding Inc                                                             | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1735511.31   | 0.25%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    725000 | PA      | $713316.05    | 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        |   2125000 | PA      | $2138166.50   | 0.30%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                      | IQVIA Inc                                                                       | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    750000 | PA      | $747912.00    | 0.11%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                        | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1140309.88   | 0.16%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                    | McAfee Corp                                                                     | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   6825000 | PA      | $6330811.31   | 0.89%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC          | Caesars Entertainment Inc                                                       | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    650000 | PA      | $621552.95    | 0.09%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC           | WR Grace Holdings LLC                                                           | CUSIP: 92943GAE1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    325000 | PA      | $331437.93    | 0.05%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                          | CUSIP: 04364VAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $483260.00    | 0.07%             | 2027-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS          | QXO Building Products Inc                                                       | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2277871.62   | 0.32%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC        | Light & Wonder International Inc                                                | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    625000 | PA      | $626062.50    | 0.09%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC            | Station Casinos LLC                                                             | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    250000 | PA      | $256811.00    | 0.04%             | 2032-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2290737.63   | 0.32%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    750000 | PA      | $753129.77    | 0.11%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN       | Graphic Packaging International LLC                                             | CUSIP: 38869AAC1<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    450000 | PA      | $426604.28    | 0.06%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU       | Sinclair Television Group Inc                                                   | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    425000 | PA      | $361250.00    | 0.05%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL       | United Wholesale Mortgage LLC                                                   | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1356099.11   | 0.19%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                          | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   3400000 | PA      | $1292000.00   | 0.18%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                  | CoreWeave Inc                                                                   | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   2125000 | PA      | $2194687.25   | 0.31%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV        | VZ Secured Financing BV                                                         | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |   1225000 | PA      | $1108279.80   | 0.16%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    625000 | PA      | $636048.75    | 0.09%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTERN       | Graphic Packaging International LLC                                             | CUSIP: 38869AAA5<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496247.15    | 0.07%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC          | Bausch Health Cos Inc                                                           | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    625000 | PA      | $487796.99    | 0.07%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REAL HERO MERGER SUB 2         | Real Hero Merger Sub 2 Inc                                                      | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1071845.19   | 0.15%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                      | IQVIA Inc                                                                       | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1824950.28   | 0.26%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                  | Coherent Corp                                                                   | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2391544.43   | 0.34%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                   | Calpine Corp                                                                    | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1568355.71   | 0.22%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                    | Gap Inc/The                                                                     | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    225000 | PA      | $204437.63    | 0.03%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VEND FIN IV       | Virgin Media Vendor Financing Notes IV DAC                                      | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |    925000 | PA      | $906083.66    | 0.13%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1597170.22   | 0.23%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INSIGHT ENTERPRS               | Insight Enterprises Inc                                                         | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1384155.00   | 0.20%             | 2032-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP       | Olympus Water US Holding Corp                                                   | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   2125000 | PA      | $2230187.50   | 0.32%             | 2028-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC            | Sirius XM Radio LLC                                                             | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    775000 | PA      | $726879.92    | 0.10%             | 2030-07-01      | Fixed         | 4.13%                 | 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        |   1800000 | PA      | $1763152.43   | 0.25%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN       | RHP Hotel Properties LP / RHP Finance Corp                                      | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              |  | US        |    825000 | PA      | $851086.50    | 0.12%             | 2028-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY           | Garda World Security Corp                                                       | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   2375000 | PA      | $2354632.00   | 0.33%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION         | Clydesdale Acquisition Holdings Inc                                             | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    725000 | PA      | $743711.67    | 0.11%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP               | Lamar Media Corp                                                                | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $95733.62     | 0.01%             | 2030-02-15      | Fixed         | 4.00%                 | 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        |   3100000 | PA      | $2974657.70   | 0.42%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC             | Crown Americas LLC                                                              | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    400000 | PA      | $405346.00    | 0.06%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH           | IHO Verwaltungs GmbH                                                            | CUSIP: 44963BAG3<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   2650000 | PA      | $2781023.95   | 0.39%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL       | United Wholesale Mortgage LLC                                                   | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   2125000 | PA      | $2124238.40   | 0.30%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                   | Calpine Corp                                                                    | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    725000 | PA      | $690505.52    | 0.10%             | 2031-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                   | US Foods Inc                                                                    | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1477568.87   | 0.21%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP             | Expand Energy Corp                                                              | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305042.73    | 0.04%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| XHR LP                         | XHR LP                                                                          | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |    925000 | PA      | $950412.53    | 0.13%             | 2030-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN       | USA Compression Partners LP / USA Compression Finance Corp                      | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2450000 | PA      | $2526743.80   | 0.36%             | 2029-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT       | Science Applications International Corp                                         | CUSIP: 808625AB3<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |    575000 | PA      | $575178.57    | 0.08%             | 2033-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER/MEDL CO       | Medline Borrower LP/Medline Co-Issuer Inc                                       | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1179215.36   | 0.17%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC          | Caesars Entertainment Inc                                                       | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    525000 | PA      | $540018.89    | 0.08%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1221260.54   | 0.17%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1116962.46   | 0.16%             | 2031-04-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION       | Hess Midstream Operations LP                                                    | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $203876.01    | 0.03%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $275592.35    | 0.04%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HF SINCLAIR CORP               | HF Sinclair Corp                                                                | CUSIP: 403949AQ3<br>LEI: 2549009G116AM01XHN24 | Long             | DBT              | CORP              | US        |   1475000 | PA      | $1478143.70   | 0.21%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN       | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1106293.78   | 0.16%             | 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        |   1125000 | PA      | $1098054.68   | 0.16%             | 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        |    725000 | PA      | $707738.98    | 0.10%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AL5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    425000 | PA      | $396780.00    | 0.06%             | 2031-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AUDACY CAPITAL                 | AUDACY CAPITAL                                                                  | CUSIP: 000000000<br>LEI: 549300S5JUSXRHNCHD80 | N/A              | DE               |  | US        |      1181 | NS      | $11.81        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| LIGHT & WONDER INTL INC        | Light & Wonder International Inc                                                | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $2027082.73   | 0.29%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DORNOCH DEBT MERGER SUB        | Dornoch Debt Merger Sub Inc                                                     | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2925000 | PA      | $2515617.61   | 0.36%             | 2029-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC              | Iron Mountain Inc                                                               | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   3125000 | PA      | $3220409.38   | 0.46%             | 2029-02-15      | Fixed         | 7.00%                 | 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      | $556299.38    | 0.08%             | 2031-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC        | Kodiak Gas Services LLC                                                         | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2127213.33   | 0.30%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN          | Trivium Packaging Finance BV                                                    | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    775000 | PA      | $826726.60    | 0.12%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECH      | SEAGATE DATA STORAGE TECH                                                       | CUSIP: 81180LAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   2127000 | PA      | $2409199.73   | 0.34%             | 2032-12-01      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                                  | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    350000 | PA      | $349642.77    | 0.05%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CARS.COM INC                   | Cars.com Inc                                                                    | CUSIP: 14575EAA3<br>LEI: 5493002G6J07LNGX4M98 | Long             | DBT              | CORP              | US        |   1825000 | PA      | $1817599.08   | 0.26%             | 2028-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD          | Nabors Industries Ltd                                                           | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    825000 | PA      | $824404.93    | 0.12%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BALL CORP                      | Ball Corp                                                                       | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    750000 | PA      | $767733.75    | 0.11%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                 | Brink's Co/The                                                                  | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1092152.25   | 0.15%             | 2032-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                   | US Foods Inc                                                                    | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    275000 | PA      | $276440.18    | 0.04%             | 2033-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1661299.29   | 0.23%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT         | Mauser Packaging Solutions Holding Co                                           | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    750000 | PA      | $751716.00    | 0.11%             | 2027-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI       | Antero Midstream Partners LP / Antero Midstream Finance Corp                    | CUSIP: 03690AAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2190244.74   | 0.31%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEALED AIR US       | Sealed Air Corp/Sealed Air Corp US                                              | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    550000 | PA      | $557596.60    | 0.08%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC          | Bausch Health Cos Inc                                                           | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1700000 | PA      | $1198500.00   | 0.17%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN       | RHP Hotel Properties LP / RHP Finance Corp                                      | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              |  | US        |    825000 | PA      | $848174.54    | 0.12%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT INC                  | Open Text Holdings Inc                                                          | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $277438.38    | 0.04%             | 2031-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC               | CSC Holdings LLC                                                                | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $1788257.19   | 0.25%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                           | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1796696.60   | 0.25%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS       | Univision Communications Inc                                                    | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1155453.20   | 0.16%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC           | CUSIP: 01309QAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1218911.39   | 0.17%             | 2028-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP          | CNX Midstream Partners LP                                                       | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2157605.33   | 0.30%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                | Madison IAQ LLC                                                                 | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   5125000 | PA      | $5062988.68   | 0.72%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE          | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1354275.68   | 0.19%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC              | American Builders & Contractors Supply Co Inc                                   | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2008810.38   | 0.28%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC            | Sirius XM Radio LLC                                                             | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    550000 | PA      | $531450.88    | 0.08%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                                  | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350418.75    | 0.05%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC          | Civitas Resources Inc                                                           | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    575000 | PA      | $595507.09    | 0.08%             | 2030-11-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397B36<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1842301.96   | 0.26%             | 2030-11-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY GROUP           | Ryan Specialty LLC                                                              | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    800000 | PA      | $775108.08    | 0.11%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS       | Univision Communications Inc                                                    | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1735668.50   | 0.25%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC        | Kodiak Gas Services LLC                                                         | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    575000 | PA      | $585451.11    | 0.08%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC          | Civitas Resources Inc                                                           | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    525000 | PA      | $554508.74    | 0.08%             | 2033-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                | Yum! Brands Inc                                                                 | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1578876.49   | 0.22%             | 2032-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    275000 | PA      | $282815.22    | 0.04%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1180236.30   | 0.17%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC             | CP Atlas Buyer Inc                                                              | CUSIP: 12597YAD1<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2197279.48   | 0.31%             | 2031-01-15      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                 | Whirlpool Corp                                                                  | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $2420007.41   | 0.34%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN       | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    700000 | PA      | $640573.71    | 0.09%             | 2032-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN       | USA Compression Partners LP / USA Compression Finance Corp                      | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1624634.38   | 0.23%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC               | CSC Holdings LLC                                                                | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    950000 | PA      | $622112.25    | 0.09%             | 2030-12-01      | Fixed         | 4.13%                 | 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        |    275000 | PA      | $274675.17    | 0.04%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS D       | Axalta Coating Systems Dutch Holding B BV                                       | CUSIP: 05455JAA5<br>LEI: 5493007DMEBZH3CQ5E51 | Long             | DBT              | CORP              | NL        |    425000 | PA      | $444643.29    | 0.06%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC         | Energizer Holdings Inc                                                          | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2205838.23   | 0.31%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1085712.38   | 0.15%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ZEBRA TECHNOLOGIES CORP        | Zebra Technologies Corp                                                         | CUSIP: 989207AD7<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | DBT              | CORP              | US        |    525000 | PA      | $539214.90    | 0.08%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    400000 | PA      | $407626.40    | 0.06%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN       | Virgin Media Secured Finance PLC                                                | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $235710.18    | 0.03%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI       | Antero Midstream Partners LP / Antero Midstream Finance Corp                    | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2825000 | PA      | $2819468.93   | 0.40%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                 | OPAL BIDCO                                                                      | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |   1675000 | PA      | $1716449.55   | 0.24%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO       | Watco Cos LLC / Watco Finance Corp                                              | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1552605.14   | 0.22%             | 2032-08-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC          | Qnity Electronics Inc                                                           | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    450000 | PA      | $459533.70    | 0.06%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC       | Sensata Technologies Inc                                                        | CUSIP: 81728UAC8<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    250000 | PA      | $258694.50    | 0.04%             | 2032-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD          | HUB International Ltd                                                           | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   4625000 | PA      | $4816192.88   | 0.68%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                   | SM Energy Co                                                                    | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    275000 | PA      | $275212.03    | 0.04%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY           | Garda World Security Corp                                                       | CUSIP: 36485MAK5<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    875000 | PA      | $868361.11    | 0.12%             | 2027-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MILLENNIUM ESCROW CORP         | Millennium Escrow Corp                                                          | CUSIP: 60041CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1365067.82   | 0.19%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                 | Gray Media Inc                                                                  | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    975000 | PA      | $732359.10    | 0.10%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                        | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   3450000 | PA      | $3578362.08   | 0.51%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc            | Churchill Downs Inc                                                             | CUSIP: 171484AG3<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    225000 | PA      | $224683.95    | 0.03%             | 2027-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT         | Mauser Packaging Solutions Holding Co                                           | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1287498.83   | 0.18%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOG | SEAGATE DATA STOR                                                               | CUSIP: 81180LAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    700000 | PA      | $741060.60    | 0.10%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CROSSCOUNTRY INTER             | CrossCountry Intermediate HoldCo LLC                                            | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1605887.52   | 0.23%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                                                                  | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400860.64    | 0.06%             | 2028-01-15      | Fixed         | 5.75%                 | 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        |    975000 | PA      | $971426.33    | 0.14%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE          | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1815834.02   | 0.26%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                                  | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    725000 | PA      | $743190.98    | 0.11%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                   | SM Energy Co                                                                    | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1099624.35   | 0.16%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                 | Rocket Cos Inc                                                                  | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1290142.50   | 0.18%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                                        | CUSIP: 26884LBD0<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    625000 | PA      | $623725.79    | 0.09%             | 2031-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC        | Standard Industries Inc/NY                                                      | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1313602.58   | 0.19%             | 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: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $548058.06    | 0.08%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN               | Vmed O2 UK Financing I PLC                                                      | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   1475000 | PA      | $1388338.29   | 0.20%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP        | Asbury Automotive Group Inc                                                     | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1795384.30   | 0.25%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM        | United Rentals North America Inc                                                | CUSIP: 911365BR4<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    675000 | PA      | $701880.53    | 0.10%             | 2034-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| UKG INC                        | UKG Inc                                                                         | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   4450000 | PA      | $4591665.75   | 0.65%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC        | Stagwell Global LLC                                                             | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |   2525000 | PA      | $2452832.47   | 0.35%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE              | Rivers Enterprise Lender LLC / Rivers Enterprise Lender Corp                    | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1109808.10   | 0.16%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING M          | Foundation Building Materials Inc                                               | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |   3625000 | PA      | $3674340.89   | 0.52%             | 2029-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| AFFINITY INTERACTIVE           | Affinity Interactive                                                            | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1375000 | PA      | $783750.00    | 0.11%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3244021.98   | 0.46%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                      | IQVIA Inc                                                                       | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206697.60    | 0.03%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBQ2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    875000 | PA      | $896437.50    | 0.13%             | 2034-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC        | Kodiak Gas Services LLC                                                         | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1001087.37   | 0.14%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MITER BRAND / MIWD BORR        | Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC                         | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    575000 | PA      | $590670.48    | 0.08%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                  | Synaptics Inc                                                                   | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1387435.84   | 0.20%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ACADEMY LTD                    | Academy Ltd                                                                     | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1848944.21   | 0.26%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                                        | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    875000 | PA      | $925918.00    | 0.13%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                       | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    700000 | PA      | $686750.33    | 0.10%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEOGEN FOOD SAFE CORP          | Neogen Food Safety Corp                                                         | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $261429.75    | 0.04%             | 2030-07-20      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN       | Archrock Partners LP / Archrock Partners Finance Corp                           | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3275000 | PA      | $3275150.65   | 0.46%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                   | SM Energy Co                                                                    | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    250000 | PA      | $249916.48    | 0.04%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC       | Warnermedia Holdings Inc                                                        | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2075632.00   | 0.29%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                 | Open Text Corp                                                                  | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    450000 | PA      | $468187.56    | 0.07%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| AHP HEALTH PARTN               | AHP Health Partners Inc                                                         | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1427011.85   | 0.20%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC          | Nabors Industries Inc                                                           | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    450000 | PA      | $419089.48    | 0.06%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC         | Comstock Resources Inc                                                          | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    475000 | PA      | $457451.32    | 0.06%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP       | Olympus Water US Holding Corp                                                   | CUSIP: 16308NAA2<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    875000 | PA      | $890528.99    | 0.13%             | 2027-10-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                   | Entegris Inc                                                                    | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    850000 | PA      | $842709.30    | 0.12%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD            | NCL Corp Ltd                                                                    | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    350000 | PA      | $349986.89    | 0.05%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION         | Clydesdale Acquisition Holdings Inc                                             | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    475000 | PA      | $487283.50    | 0.07%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC       | Permian Resources Operating LLC                                                 | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    325000 | PA      | $337069.85    | 0.05%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN       | Archrock Partners LP / Archrock Partners Finance Corp                           | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1977731.43   | 0.28%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC         | Patrick Industries Inc                                                          | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $2105311.60   | 0.30%             | 2032-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP       | Olympus Water US Holding Corp                                                   | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2152239.31   | 0.30%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                           | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    775000 | PA      | $784886.55    | 0.11%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC         | WESCO Distribution Inc                                                          | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1184018.15   | 0.17%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV               | Ziggo Bond Co BV                                                                | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |   1300000 | PA      | $1178339.11   | 0.17%             | 2030-02-28      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN       | Clarios Global LP / Clarios US Finance Co                                       | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    975000 | PA      | $1007184.75   | 0.14%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LITHIA MOTORS INC              | Lithia Motors Inc                                                               | CUSIP: 536797AJ2<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1398250.00   | 0.20%             | 2030-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS       | Univision Communications Inc                                                    | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1029904.63   | 0.15%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN       | Virgin Media Secured Finance PLC                                                | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    475000 | PA      | $469629.99    | 0.07%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC       | Celanese US Holdings LLC                                                        | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   2775000 | PA      | $2763292.14   | 0.39%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                 | Brink's Co/The                                                                  | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1106281.43   | 0.16%             | 2029-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ESC CB CHESAPEAKE ENER         | ESC CB CHESAPEAKE ENER                                                          | CUSIP: 165ESCAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $3400.00      | 0.00%             | 2024-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD             | Ardonagh Finco Ltd                                                              | CUSIP: 039853AA4<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    950000 | PA      | $994069.55    | 0.14%             | 2031-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BW1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    375000 | PA      | $394483.13    | 0.06%             | 2029-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SCIENCE APPLICATIONS INT       | Science Applications International Corp                                         | CUSIP: 808625AA5<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |    875000 | PA      | $866143.25    | 0.12%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1191099.66   | 0.17%             | 2029-05-03      | Fixed         | 5.11%                 | 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        |    200000 | PA      | $200765.07    | 0.03%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INVERSION ESCROW ISSUER        | Inversion Escrow Issuer LLC                                                     | CUSIP: 46150DAA0<br>LEI: 254900P6GHORGRVLKI95 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2191877.94   | 0.31%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I       | Performance Food Group Inc                                                      | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1384225.76   | 0.20%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP            | Clarivate Science Holdings Corp                                                 | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3638360.50   | 0.51%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC         | Energizer Holdings Inc                                                          | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1375633.42   | 0.19%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC            | Sirius XM Radio LLC                                                             | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1060166.28   | 0.15%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION       | Consensus Cloud Solutions Inc                                                   | CUSIP: 20848VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1896333.00   | 0.27%             | 2026-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC       | Virgin Media Finance PLC                                                        | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |   2325000 | PA      | $2159477.90   | 0.31%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Teleflex Inc                   | Teleflex Inc                                                                    | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    450000 | PA      | $445868.37    | 0.06%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC          | Ellucian Holdings Inc                                                           | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |    550000 | PA      | $558754.90    | 0.08%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                       | CUSIP: 26873CAB8<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |    200000 | PA      | $207730.80    | 0.03%             | 2031-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                        | CUSIP: 345397C92<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    700000 | PA      | $727007.71    | 0.10%             | 2028-05-12      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN         | MIWD Holdco II LLC / MIWD Finance Corp                                          | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1923873.87   | 0.27%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DANA INC                       | Dana Inc                                                                        | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    150000 | PA      | $149795.93    | 0.02%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC            | Station Casinos LLC                                                             | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1580052.46   | 0.22%             | 2031-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GATES CORPORATION/DE           | Gates Corp/DE                                                                   | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1426768.75   | 0.20%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ARDONAGH GROUP FINANCE         | Ardonagh Group Finance Ltd                                                      | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |   6675000 | PA      | $7017389.39   | 0.99%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP         | CCO Holdings LLC / CCO Holdings Capital Corp                                    | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1416622.05   | 0.20%             | 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        |    575000 | PA      | $544648.74    | 0.08%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CLEARWATER PAPER CORP          | Clearwater Paper Corp                                                           | CUSIP: 18538RAJ2<br>LEI: 549300HCVV19GXN4P292 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1763943.75   | 0.25%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                                        | CUSIP: 26884LBH1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    975000 | PA      | $993978.79    | 0.14%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC         | Match Group Holdings II LLC                                                     | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1424376.91   | 0.20%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY           | Garda World Security Corp                                                       | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   2625000 | PA      | $2724819.98   | 0.39%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    500000 | PA      | $509839.82    | 0.07%             | 2031-09-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TELENET FINANCE LUX NOTE       | Telenet Finance Luxembourg Notes Sarl                                           | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |   4400000 | PA      | $4364713.01   | 0.62%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMYNTA AGENCY/WARRANTY         | Amynta Agency Borrower Inc and Amynta Warranty Borrower Inc                     | CUSIP: 03238AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1996109.70   | 0.28%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC            | Churchill Downs Inc                                                             | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2280302.80   | 0.32%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP            | Select Medical Corp                                                             | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2350984.65   | 0.33%             | 2032-12-01      | Fixed         | 6.25%                 | 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        |    750000 | PA      | $710741.84    | 0.10%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                   | Navient Corp                                                                    | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    675000 | PA      | $671958.87    | 0.09%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                     | Elastic NV                                                                      | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |   2375000 | PA      | $2279770.58   | 0.32%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    925000 | PA      | $954987.35    | 0.13%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC               | CSC Holdings LLC                                                                | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $812983.01    | 0.11%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                       | Ziggo BV                                                                        | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $188771.36    | 0.03%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    275000 | PA      | $278047.83    | 0.04%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| STENA INTERNATIONAL SA         | Stena International SA                                                          | CUSIP: 85858EAD5<br>LEI: 213800A4LTGG4W55QP46 | Long             | DBT              | CORP              | LU        |   1475000 | PA      | $1503790.53   | 0.21%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                    | Vistra Operations Co LLC                                                        | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1096359.77   | 0.15%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ENPRO INC                      | Enpro Inc                                                                       | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |    375000 | PA      | $383266.26    | 0.05%             | 2033-06-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO        | Beach Acquisition Bidco LLC                                                     | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3613517.70   | 0.51%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE         | VICI Properties LP / VICI Note Co Inc                                           | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    625000 | PA      | $622611.46    | 0.09%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP            | Medline Borrower LP                                                             | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5948119.20   | 0.84%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                | Sealed Air Corp                                                                 | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1449992.60   | 0.20%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI       | Standard Building Solutions Inc                                                 | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    700000 | PA      | $718214.72    | 0.10%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                          | CUSIP: 04364VAX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $561256.85    | 0.08%             | 2032-10-15      | Fixed         | 6.63%                 | 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        |   1525000 | PA      | $1424111.76   | 0.20%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC          | Bausch Health Cos Inc                                                           | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1725000 | PA      | $1543875.00   | 0.22%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    750000 | PA      | $756638.24    | 0.11%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TGNR INTERMEDIATE HOLDIN       | TGNR Intermediate Holdings LLC                                                  | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2103870.68   | 0.30%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE         | Edgewell Personal Care Co                                                       | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $951151.50    | 0.13%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                      | IQVIA Inc                                                                       | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1373322.36   | 0.19%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KIOXIA HOLDINGS CORP           | Kioxia Holdings Corp                                                            | CUSIP: 49726JAB4<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |   1400000 | PA      | $1439242.00   | 0.20%             | 2033-07-24      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY       | Standard Industries Inc/NY                                                      | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226392.01    | 0.03%             | 2031-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EXPAND ENERGY CORP             | Expand Energy Corp                                                              | CUSIP: 165167DG9<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    225000 | PA      | $225836.33    | 0.03%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC         | CACI International Inc                                                          | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    575000 | PA      | $593141.62    | 0.08%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                                  | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    207000 | PA      | $190758.86    | 0.03%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                           | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    125000 | PA      | $123856.29    | 0.02%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    875000 | PA      | $896906.50    | 0.13%             | 2033-02-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    375000 | PA      | $386526.01    | 0.05%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI       | Standard Building Solutions Inc                                                 | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1773424.05   | 0.25%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY           | Garda World Security Corp                                                       | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    800000 | PA      | $829274.40    | 0.12%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP            | Clarivate Science Holdings Corp                                                 | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $336823.45    | 0.05%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TELEFLEX INC                   | Teleflex Inc                                                                    | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    250000 | PA      | $244046.70    | 0.03%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR              | Seagate Data Storage Technology Pte Ltd                                         | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    200000 | PA      | $203483.20    | 0.03%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    800000 | PA      | $580267.38    | 0.08%             | 2030-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION       | Hess Midstream Operations LP                                                    | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1298531.39   | 0.18%             | 2028-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                  | ZF North America Capital Inc                                                    | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    475000 | PA      | $470341.34    | 0.07%             | 2030-04-14      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN       | Clarios Global LP / Clarios US Finance Co                                       | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   3650000 | PA      | $3730884.00   | 0.53%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                                        | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1926139.04   | 0.27%             | 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        |    475000 | PA      | $478434.25    | 0.07%             | 2030-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                     | Grifols SA                                                                      | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |   4125000 | PA      | $4006868.58   | 0.57%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS       | LCM Investments Holdings II LLC                                                 | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |   2975000 | PA      | $3146371.90   | 0.44%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC         | Match Group Holdings II LLC                                                     | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1818148.26   | 0.26%             | 2030-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC           | CUSIP: 01309QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $306810.00    | 0.04%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC              | Nexstar Media Inc                                                               | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    675000 | PA      | $674020.31    | 0.10%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP          | Tenet Healthcare Corp                                                           | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2175000 | PA      | $2176259.26   | 0.31%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PRECISION DRILLING CORP        | Precision Drilling Corp                                                         | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $502686.00    | 0.07%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                  | TopBuild Corp                                                                   | CUSIP: 89055FAD5<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1668911.11   | 0.24%             | 2034-01-31      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CONSENSUS CLOUD SOLUTION       | Consensus Cloud Solutions Inc                                                   | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2234792.25   | 0.32%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SOLSTICE ADVANCED MATERI       | Solstice Advanced Materials Inc                                                 | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |    825000 | PA      | $827725.69    | 0.12%             | 2033-09-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC              | Post Holdings Inc                                                               | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    900000 | PA      | $896407.38    | 0.13%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                | NCL Finance Ltd                                                                 | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    750000 | PA      | $766366.50    | 0.11%             | 2028-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SNF GROUP SACA                 | SNF Group SACA                                                                  | CUSIP: 7846ELAE7<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    950000 | PA      | $881919.20    | 0.12%             | 2030-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                 | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    412500 | PA      | $412681.91    | 0.06%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BALDWIN INSUR GRP/FIN          | Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance | CUSIP: 05825XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3075000 | PA      | $3192003.75   | 0.45%             | 2031-05-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1019059.00   | 0.14%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RAVEN ACQUISITION HOLDIN       | Raven Acquisition Holdings LLC                                                  | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2975000 | PA      | $3057312.30   | 0.43%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC           | Cleveland-Cliffs Inc                                                            | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    600000 | PA      | $609543.00    | 0.09%             | 2030-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                | Yum! Brands Inc                                                                 | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223604.24    | 0.03%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC               | CSC Holdings LLC                                                                | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    825000 | PA      | $532079.79    | 0.08%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC               | DT Midstream Inc                                                                | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1546294.35   | 0.22%             | 2031-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2298932.88   | 0.32%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION       | Hess Midstream Operations LP                                                    | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    625000 | PA      | $605773.56    | 0.09%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                 | Owens-Brockway Glass Container Inc                                              | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    375000 | PA      | $374306.25    | 0.05%             | 2027-05-13      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                | Madison IAQ LLC                                                                 | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    250000 | PA      | $243990.13    | 0.03%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                    | Vistra Operations Co LLC                                                        | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1398901.06   | 0.20%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP               | Lamar Media Corp                                                                | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $395432.58    | 0.06%             | 2031-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                       | CUSIP: 29103CAA6<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |   4225000 | PA      | $4343084.53   | 0.61%             | 2030-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC       | Sensata Technologies Inc                                                        | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    225000 | PA      | $207647.71    | 0.03%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                | CUSIP: 68622FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $287665.98    | 0.04%             | 2034-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC     | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   2725000 | PA      | $2522032.90   | 0.36%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC               | AmWINS Group Inc                                                                | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3304428.72   | 0.47%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC              | Herc Holdings Inc                                                               | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1278779.95   | 0.18%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC            | Rocket Software Inc                                                             | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   3925000 | PA      | $3822319.65   | 0.54%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc           | Aramark Services Inc                                                            | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    225000 | PA      | $223939.01    | 0.03%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                       | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1389512.93   | 0.20%             | 2033-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION       | Hess Midstream Operations LP                                                    | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $206267.00    | 0.03%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                 | Open Text Corp                                                                  | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |   1675000 | PA      | $1628823.10   | 0.23%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                   | Navient Corp                                                                    | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    475000 | PA      | $465647.34    | 0.07%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                                                                  | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    775000 | PA      | $772491.33    | 0.11%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA       | Jones Deslauriers Insurance Management Inc                                      | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |   1800000 | PA      | $1891098.00   | 0.27%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS       | Suburban Propane Partners LP/Suburban Energy Finance Corp                       | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1760256.69   | 0.25%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME          | Six Flags Entertainment Corp                                                    | CUSIP: 83001AAC6<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    475000 | PA      | $474242.47    | 0.07%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN          | Trivium Packaging Finance BV                                                    | CUSIP: 89686QAC0<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    800000 | PA      | $865872.80    | 0.12%             | 2031-01-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE          | Venture Global Plaquemines LNG LLC                                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $2099519.00   | 0.30%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CAPSTONE BORROWER INC          | Capstone Borrower Inc                                                           | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2588332.73   | 0.37%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN       | TerraForm Power Operating LLC                                                   | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1667231.48   | 0.24%             | 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        |   1075000 | PA      | $1088975.00   | 0.15%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $410610.53    | 0.06%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ARIS WATER HOLDINGS LLC        | Aris Water Holdings LLC                                                         | CUSIP: 04041NAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |    800000 | PA      | $844570.85    | 0.12%             | 2030-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN       | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    875000 | PA      | $893196.50    | 0.13%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEALED AIR US       | Sealed Air Corp/Sealed Air Corp US                                              | CUSIP: 812127AB4<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    575000 | PA      | $603357.85    | 0.09%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NORTHRIVER MIDSTREAM FIN       | Northriver Midstream Finance LP                                                 | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |   2550000 | PA      | $2607619.29   | 0.37%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ASHLAND INC                    | Ashland Inc                                                                     | CUSIP: 04433LAA0<br>LEI: 529900E4L9R04SB8HB11 | Long             | DBT              | CORP              | US        |    825000 | PA      | $730761.90    | 0.10%             | 2031-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC           | WR Grace Holdings LLC                                                           | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   1525000 | PA      | $1417484.15   | 0.20%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1047961.03   | 0.15%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC         | Acrisure LLC / Acrisure Finance Inc                                             | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2135587.50   | 0.30%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC          | SS&C Technologies Inc                                                           | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    625000 | PA      | $646148.19    | 0.09%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP               | Lamar Media Corp                                                                | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    675000 | PA      | $668939.92    | 0.09%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC          | Element Solutions Inc                                                           | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1574839.18   | 0.22%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                      | CUSIP: 00687YAB1<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    350000 | PA      | $358661.45    | 0.05%             | 2028-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN       | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1175000 | PA      | $1154532.21   | 0.16%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC           | Amentum Holdings Inc                                                            | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2414200.95   | 0.34%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC          | Nabors Industries Inc                                                           | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    475000 | PA      | $494000.00    | 0.07%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING         | XPLR Infrastructure Operating Partners LP                                       | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    250000 | PA      | $262000.00    | 0.04%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC         | Match Group Holdings II LLC                                                     | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    525000 | PA      | $523496.61    | 0.07%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS       | Univision Communications Inc                                                    | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    700000 | PA      | $745966.90    | 0.11%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV           | OI European Group BV                                                            | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    450000 | PA      | $429434.46    | 0.06%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C       | Outfront Media Capital LLC / Outfront Media Capital Corp                        | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $158241.45    | 0.02%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AMNEAL PHARMACEUTICALS L       | Amneal Pharmaceuticals LLC                                                      | CUSIP: 03168LAA3<br>LEI: 54930037VIXE7LRZ1M66 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1085922.98   | 0.15%             | 2032-08-01      | Fixed         | 6.88%                 | 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        |   1625000 | PA      | $1622128.95   | 0.23%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP              | Chord Energy Corp                                                               | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    850000 | PA      | $844081.69    | 0.12%             | 2030-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN       | 1011778 BC ULC / New Red Finance Inc                                            | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   5150000 | PA      | $4853480.51   | 0.69%             | 2030-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN       | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp                       | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1822688.25   | 0.26%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN       | RHP Hotel Properties LP / RHP Finance Corp                                      | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              |  | US        |    375000 | PA      | $386208.75    | 0.05%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES        | Royal Caribbean Cruises Ltd                                                     | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1275000 | PA      | $1307489.09   | 0.18%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA       | SeaWorld Parks & Entertainment Inc                                              | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2851783.44   | 0.40%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                 | NRG Energy Inc                                                                  | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    975000 | PA      | $990181.73    | 0.14%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                  | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $383412.24    | 0.05%             | 2031-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3850000 | PA      | $3989119.75   | 0.56%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC        | Light & Wonder International Inc                                                | CUSIP: 531968AA3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    875000 | PA      | $909963.25    | 0.13%             | 2031-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                 | Whirlpool Corp                                                                  | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    375000 | PA      | $377937.09    | 0.05%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN        | Aethon United BR LP / Aethon United Finance Corp                                | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1746850.80   | 0.25%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC          | Quikrete Holdings Inc                                                           | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1325609.48   | 0.19%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP          | Antero Resources Corp                                                           | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    244000 | PA      | $248662.60    | 0.04%             | 2029-02-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL               | Allied Universal Holdco LLC / Allied Universal Finance Corp                     | CUSIP: 019576AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1438962.00   | 0.20%             | 2030-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP          | Antero Resources Corp                                                           | CUSIP: 03674XAS5<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    625000 | PA      | $628626.25    | 0.09%             | 2030-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN       | Blue Racer Midstream LLC / Blue Racer Finance Corp                              | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $414772.84    | 0.06%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                | Hillenbrand Inc                                                                 | CUSIP: 431571AF5<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1102145.90   | 0.16%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC            | Rocket Software Inc                                                             | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    950000 | PA      | $979280.90    | 0.14%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD          | HUB International Ltd                                                           | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   3075000 | PA      | $3071907.47   | 0.43%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BELLRING BRANDS INC            | BellRing Brands Inc                                                             | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |   2050000 | PA      | $2117098.55   | 0.30%             | 2030-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MATADOR RESOURCES CO           | Matador Resources Co                                                            | CUSIP: 576485AH9<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    675000 | PA      | $678171.83    | 0.10%             | 2033-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                          | CUSIP: 04364VBA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $508330.74    | 0.07%             | 2033-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD            | NCL Corp Ltd                                                                    | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    500000 | PA      | $502587.89    | 0.07%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC               | UWM Holdings LLC                                                                | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995237.37    | 0.14%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WILLIAM CARTER                 | William Carter Co/The                                                           | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1275765.93   | 0.18%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD          | HUB International Ltd                                                           | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   3475000 | PA      | $3624095.29   | 0.51%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN        | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                           | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    825000 | PA      | $852960.08    | 0.12%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION            | Insulet Corp                                                                    | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    275000 | PA      | $285898.80    | 0.04%             | 2033-04-01      | Fixed         | 6.50%                 | 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        |   1475000 | PA      | $1406746.74   | 0.20%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP               | Boyd Gaming Corp                                                                | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    575000 | PA      | $554303.51    | 0.08%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I       | Performance Food Group Inc                                                      | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    950000 | PA      | $947650.75    | 0.13%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC       | Permian Resources Operating LLC                                                 | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    600000 | PA      | $611193.00    | 0.09%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FORTRESS INTERMEDIATE          | Fortress Intermediate 3 Inc                                                     | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1963201.88   | 0.28%             | 2031-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL               | MGM Resorts International                                                       | CUSIP: 552953CK5<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1043242.34   | 0.15%             | 2029-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                  | CoreWeave Inc                                                                   | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1101744.93   | 0.16%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC         | Comstock Resources Inc                                                          | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   2175000 | PA      | $2171447.36   | 0.31%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC               | UWM Holdings LLC                                                                | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1275000 | PA      | $1297036.03   | 0.18%             | 2030-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| USI INC/NY                     | USI Inc/NY                                                                      | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |   4700000 | PA      | $4928788.29   | 0.70%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                  | TransDigm Inc                                                                   | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    975000 | PA      | $985961.86    | 0.14%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| H.B. FULLER CO                 | HB Fuller Co                                                                    | CUSIP: 40410KAA3<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | DBT              | CORP              | US        |    525000 | PA      | $510498.82    | 0.07%             | 2028-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS/SALLY CAP       | Sally Holdings LLC / Sally Capital Inc                                          | CUSIP: 79546VAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1195551.50   | 0.17%             | 2032-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS       | CHS/Community Health Systems Inc                                                | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $904644.18    | 0.13%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                  | ZF North America Capital Inc                                                    | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    850000 | PA      | $861759.75    | 0.12%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC          | Caesars Entertainment Inc                                                       | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2511647.49   | 0.36%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA       | Jones Deslauriers Insurance Management Inc                                      | CUSIP: 48020RAE5<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |   2050000 | PA      | $2039254.11   | 0.29%             | 2033-10-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC             | Crown Americas LLC                                                              | CUSIP: 228180AC9<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1237386.20   | 0.17%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL       | United Wholesale Mortgage LLC                                                   | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    950000 | PA      | $949469.43    | 0.13%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC                 | NCR Atleos Corp                                                                 | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |    700000 | PA      | $757765.40    | 0.11%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BALL CORP                      | Ball Corp                                                                       | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    675000 | PA      | $687916.80    | 0.10%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC          | Civitas Resources Inc                                                           | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1477082.33   | 0.21%             | 2028-07-01      | Fixed         | 8.38%                 | 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        |    525000 | PA      | $485499.95    | 0.07%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD            | NCL Corp Ltd                                                                    | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1275000 | PA      | $1311250.28   | 0.19%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC              | Iron Mountain Inc                                                               | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    725000 | PA      | $739510.88    | 0.10%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Navient Corp                   | Navient Corp                                                                    | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505716.50    | 0.07%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BALL CORP                      | Ball Corp                                                                       | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    700000 | PA      | $635909.69    | 0.09%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS       | Suburban Propane Partners LP/Suburban Energy Finance Corp                       | CUSIP: 864486AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $897415.74    | 0.13%             | 2027-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC               | HealthEquity Inc                                                                | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2157416.07   | 0.30%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC       | Celanese US Holdings LLC                                                        | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352288.59    | 0.05%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WMG ACQUISITION CORP           | WMG Acquisition Corp                                                            | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |    650000 | PA      | $619930.35    | 0.09%             | 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        |    475000 | PA      | $464610.04    | 0.07%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC         | AthenaHealth Group Inc                                                          | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $4562362.66   | 0.64%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INTERFACE INC                  | Interface Inc                                                                   | CUSIP: 458665AS5<br>LEI: 549300VXZWQOIDFPU355 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1347727.41   | 0.19%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC             | CP Atlas Buyer Inc                                                              | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1440037.50   | 0.20%             | 2030-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC       | Boost Newco Borrower LLC                                                        | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |   4025000 | PA      | $4270098.35   | 0.60%             | 2031-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC            | Sirius XM Radio LLC                                                             | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1375316.25   | 0.19%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC           | WR Grace Holdings LLC                                                           | CUSIP: 92943GAF8<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $988780.00    | 0.14%             | 2032-08-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| QNITY ELECTRONICS INC          | Qnity Electronics Inc                                                           | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |    400000 | PA      | $403050.71    | 0.06%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                          | CUSIP: 03969AAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    975000 | PA      | $370500.00    | 0.05%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD            | NCL Corp Ltd                                                                    | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    275000 | PA      | $292793.33    | 0.04%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| WHITE CAP BUYER LLC            | White Cap Buyer LLC                                                             | CUSIP: 96350RAA2<br>LEI: 254900L2N0T6GULCL366 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3140642.93   | 0.44%             | 2028-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ZIPRECRUITER INC               | ZipRecruiter Inc                                                                | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |    975000 | PA      | $784796.12    | 0.11%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN       | Hilton Domestic Operating Co Inc                                                | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152002.50    | 0.02%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP       | Olympus Water US Holding Corp                                                   | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1442458.50   | 0.20%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TRANSALTA CORP                 | TransAlta Corp                                                                  | CUSIP: 89346DAH0<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |    350000 | PA      | $363930.35    | 0.05%             | 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        |   1325000 | PA      | $1239519.61   | 0.18%             | 2029-10-01      | Fixed         | 3.63%                 | 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        |   1350000 | PA      | $1340997.66   | 0.19%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EQT CORP                       | EQT Corp                                                                        | CUSIP: 26884LAZ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    600000 | PA      | $622191.89    | 0.09%             | 2029-04-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC         | Cloud Software Group Inc                                                        | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   3125000 | PA      | $3153188.47   | 0.45%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    350000 | PA      | $357345.10    | 0.05%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT INC                  | Open Text Holdings Inc                                                          | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1184121.13   | 0.17%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| MAXAM PRILL SARL               | Maxam Prill Sarl                                                                | CUSIP: 57779MAA8<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |   2325000 | PA      | $2340539.77   | 0.33%             | 2030-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC           | TTM Technologies Inc                                                            | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    550000 | PA      | $528787.00    | 0.07%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                  | Carnival Corp                                                                   | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1075000 | PA      | $1101598.73   | 0.16%             | 2031-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COEUR MINING INC               | Coeur Mining Inc                                                                | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |   1950000 | PA      | $1915147.26   | 0.27%             | 2029-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC              | Herc Holdings Inc                                                               | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    825000 | PA      | $856948.95    | 0.12%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC       | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                            | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1183980.30   | 0.17%             | 2031-02-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN       | USA Compression Partners LP / USA Compression Finance Corp                      | CUSIP: 91740PAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $652486.39    | 0.09%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS       | Targa Resources Partners LP / Targa Resources Partners Finance Corp             | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1932641.75   | 0.27%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC         | Match Group Holdings II LLC                                                     | CUSIP: 57667JAC6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    450000 | PA      | $453953.25    | 0.06%             | 2033-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY                 | Ryan Specialty LLC                                                              | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1415660.40   | 0.20%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC          | Civitas Resources Inc                                                           | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307353.31    | 0.04%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICE       | Concentra Health Services Inc                                                   | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |    700000 | PA      | $726867.40    | 0.10%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SUNRISE FINCO I BV             | Sunrise FinCo I BV                                                              | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |   3225000 | PA      | $3072296.25   | 0.43%             | 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        |    446000 | PA      | $443234.09    | 0.06%             | 2027-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** NORTHWESTERN MUTUAL SERIES FUND INC

**Signature:** Linda Wisniewski

**Name of Signer:** Linda Wisniewski

**Title:** Controller and Chief Accounting Officer