# EDGAR Filing Document

**Accession Number:** 0000810943
**File Stem:** 0001145549-23-004861
**Filing Date:** 2023-2
**Character Count:** 113841
**Document Hash:** da741166ee9a22a16195a080c0ab8ffa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-004861.hdr.sgml**: 20230202

**ACCESSION NUMBER**: 0001145549-23-004861

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230202

**DATE AS OF CHANGE**: 20230202

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HIGH INCOME SECURITIES FUND
- **CENTRAL INDEX KEY:** 0000810943
- **IRS NUMBER:** 046562068
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05133
- **FILM NUMBER:** 23579717

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQ
- **STREET 2:** MAILSTOP A 14
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 414-765-6318

**MAIL ADDRESS:**
- **STREET 1:** US BANCORP FUND SERVICES LLC
- **STREET 2:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM HIGH INCOME SECURITIES FUND
- **DATE OF NAME CHANGE:** 20050930

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM HIGH INCOME BOND FUND
- **DATE OF NAME CHANGE:** 20030408

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM HIGH BOND FUND
- **DATE OF NAME CHANGE:** 20021107

## Nport-Ex

---

| | | |
|:---|:---|:---|
| High Income Securities Fund |  |  |
| Portfolio of Investments |  |  |
| November 30, 2022 (Unaudited) |  |  |
|  | **Shares** | **Value** |
| **INVESTMENT COMPANIES - 61.27%** |  |  |
| **Closed-End Funds - 40.85%** |  |  |
| Aberdeen Asia-Pacific Income Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 410433 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075334 |
| Apollo Tactical Income Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147041 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1823308 |
| BlackRock California Municipal Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 234521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2582076 |
| Blackrock ESG Capital Allocation Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 201455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2888865 |
| Blackstone Strategic Credit Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 312538 |
| Center Coast Brookfield MLP & Energy Infrastructure Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324572 |
| Cushing MLP & Infrastructure Total Return Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1799425 |
| Delaware Enhanced Global Dividend & Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 335349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2592248 |
| Delaware Investments National Municipal Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11870 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 136268 |
| Delaware Ivy High Income Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 308958 |
| Destra Multi-Alternative Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 127141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 869644 |
| DoubleLine Yield Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 322649 |
| DWS Municipal Income Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51633 |
| Eaton Vance New York Municipal Bond Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1924657 |
| Ellsworth Growth and Income Fund Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 73378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 614908 |
| First Trust Dynamic Europe Equity Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 263803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2999440 |
| First Trust High Income Long/Short Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83422 |
| Highland Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 450286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5196300 |
| MFS High Yield Municipal Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 226941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 726211 |
| MFS Investment Grade Municipal Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 331098 |
| Morgan Stanley Emerging Markets Debt Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1330092 |
| Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 85360 |
| Neuberger Berman California Municipal Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70983 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 782943 |
| Neuberger Berman Next Generation Connectivity Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;314620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3146200 |
| Neuberger Berman New York Municipal Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 612431 |
| New America High Income Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 123071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 881188 |
| Nuveen Emerging Markets Debt 2022 Target Term Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2652 |
| Nuveen Multi-Asset Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 254262 |
| Nuveen Short Duration Credit Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 302479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3732591 |
| NXG NextGen Infrastructure Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 523629 |
| PGIM Global High Yield Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1994896 |
| Saba Capital Income & Opportunities Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 559551 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4605105 |
| Templeton Global Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 740030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3137727 |
| Vertical Capital Income Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 310942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2855878 |
| Virtus Total Return Fund, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 266388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1851397 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53759905 |
| **Business Development Companies - 20.42%** |  |  |
| Barings BDC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 186369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1712731 |
| CION Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 571482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5771968 |
| Crescent Capital BDC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 174885 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2444892 |
| First Eagle Alternative Capital BDC, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 281770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1245424 |
| FS KKR Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 374220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7432009 |
| Logan Ridge Finance Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1710552 |
| PhenixFIN Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 657360 |
| Portman Ridge Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 186047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4132104 |
| Runway Growth Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 146811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1764668 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 26871708 |
| **Total Investment Companies (Cost $87,133,280)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80631613** |
| **OTHER COMMON STOCKS - 2.30%** |  |  |
| **Real Estate Investment Trusts - 2.30%** |  |  |
| Lument Finance Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 311488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 607402 |
| NexPoint Diversified Real Estate Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2425712 |
| **Total Other Common Stocks (Cost $3,607,558)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3033114** |
| **LIQUIDATING TRUSTS - 0.15%** |  |  |
| Copper Property CTL Pass Through Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200709 |
| **Total Liquidating Trusts (Cost $204,245)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200709** |
| **NOTES - 2.11%** |  |  |
| Fossil Group, Inc., 7.000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1410360 |
| iMedia Brands, Inc., 8.500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 552470 |
| Synchronoss Technologies, Inc., 8.375% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 816943 |
| **Total Notes (Cost $3,261,750)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2779773** |
| **PREFERRED STOCKS - 13.45%** |  |  |
| **Closed-End Funds - 6.14%** |  |  |
| OFS Credit Co, Inc. - Series E, 5.250% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1284000 |
| SuRo Capital Corp., 6.000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4780000 |
| XAI Octagon Floating Rate Alternative Income Term Trust, 6.500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8077000 |
| **Metal Processors & Fabrication - 4.48%** |  |  |
| Steel Partners Holdings LP - Series A, 6.000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 258172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5899230 |
| **Real Estate Investment Trusts - 2.10%** |  |  |
| Brookfield DTLA Fund Office Trust Investor, Inc. - Series A, 8.000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9448 |
| Cedar Realty Trust, Inc. - Series B, 7.250% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72644 |
| Cedar Realty Trust, Inc. - Series C, 6.500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1141380 |
| NexPoint Diversified Real Estate Trust - Series A, 5.500% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1538240 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2761712 |
| **Real Estate Operations and Development - 0.73%** |  |  |
| Harbor Custom Development, Inc. - Series A, 8.000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 131166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 955557 |
| **Total Preferred Stocks (Cost $21,865,224)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17693499** |
|  | **Shares/Units** |  |
| **SPECIAL PURPOSE ACQUISITION VEHICLES - 18.11% (a)** |  |  |
| AltC Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 493000 |
| Andretti Acquisition Corp. Units (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510500 |
| Ares Acquisition Corp. (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 501000 |
| B Riley Principal 250 Merger Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 493980 |
| Cartesian Growth Corp. II (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017990 |
| Churchill Capital Corp. VI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 34700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 345959 |
| Churchill Capital Corp. VII | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 587462 |
| Colombier Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 398520 |
| Concord Acquisition Corp II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 163628 |
| dMY Technology Group Inc VI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 564891 |
| Edify Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 501500 |
| Elliott Opportunity II Corp. (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49395 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 492962 |
| ExcelFin Acquisition Corp. Units | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 505000 |
| Fifth Wall Acquisition Corp. III (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 46100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 461000 |
| Figure Acquisition Corp. I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 75300 |
| FinTech Acquisition Corp. VI | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 251250 |
| Forbion European Acquisition Corp. Units (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1022000 |
| Gores Holdings VII, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 149400 |
| GX Acquisition Corp. II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 594600 |
| FTAC Hera Acquisition Corp. (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 611830 |
| HNR Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 375920 |
| Iris Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 377955 |
| Juniper II Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1452574 |
| Kensington Capital Acquisition Corp. V (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 133442 |
| Lakeshore Acquisition II Corp. (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 602735 |
| LAMF Global Ventures Corp. I (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 510000 |
| Landcadia Holdings IV, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 150000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1503945 |
| Leo Holdings Corp.A160 II (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 210525 |
| LIV Capital Acquisition Corp. II (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 566100 |
| Longview Acquisition Corp. II | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 397424 |
| M3-Brigade Acquisition III Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1009340 |
| Marlin Technology Corp. (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 49998 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 503980 |
| Motive Capital Corp. II (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1013990 |
| Murphy Canyon Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 563325 |
| OPY Acquisition Corp. I | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 999000 |
| Periphas Capital Partnering Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 501000 |
| Relativity Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 221557 |
| ROC Energy Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 182700 |
| Screaming Eagle Acquisition Corp. (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 983990 |
| Seaport Global Acquisition II Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012000 |
| Swiftmerge Acquisition Corp. (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 373968 |
| Z-Work Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 311075 |
| Zimmer Energy Transition Acquisition Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 281599 |
| **Total Special Purpose Acquisition Vehicles (Cost $23,408,095)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23829916** |
|  | **Principal** <br> **Amount** |  |
| **CORPORATE OBLIGATIONS - 0.26%** |  |  |
| Lamington Road DAC (b)(d)(e) |  |  |
| &nbsp;&nbsp;&nbsp; 9.750%, 04/07/2121 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;491953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346827 |
| **Total Convertible Bonds (Cost $346,852)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 346827** |
|  | **Shares** |  |
| **RIGHTS - 0.01% (a)** |  |  |
| Lakeshore Acquisition II Corp. (Expiration: November 18, 2026) (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 59500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7140 |
| Nocturne Acquisition Corp. (Expiration: December 26, 2025) (e) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2400 |
| ROC Energy Acquisition Corp. (Expiration: November 30, 2028) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 911 |
| **Total Rights (Cost $30,158)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10451** |
| **WARRANTS - 0.06% (a)** |  |  |
| AGBA Group Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2027 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36750 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2940 |
| Arbor Rapha Capital Bioholdings Corp. I |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: October 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22400 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 403 |
| Ares Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2027 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 751 |
| Ault Disruptive Technologies Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: June 2023 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 720 |
| B Riley Principal 250 Merger Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: April 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16666 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83 |
| BioPlus Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37500 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2085 |
| Biote Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: May 2027 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11366 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2614 |
| Cartesian Growth Corp. II |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: July 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33333 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3667 |
| Churchill Capital Corp. VI |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6940 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 196 |
| Churchill Capital Corp. VII |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11761 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 353 |
| Clarim Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: January 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3333 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| Colombier Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13500 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 756 |
| Digital Health Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: November 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7703 |
| FAST Acquisition Corp. II |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7500 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5035 |
| Figure Acquisition Corp. I |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1875 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37 |
| FinTech Acquisition Corp. VI |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6250 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2 |
| Fortress Value Acquisition Corp. IV |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3125 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – |
| FTAC Hera Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 15250 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 820 |
| Global Systems Dynamics, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: April 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25200 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 252 |
| Gores Holdings VII, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1875 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9 |
| GX Acquisition Corp. II |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16000 |
| HNR Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 37000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 740 |
| IG Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: October 2027 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2813 |
| Industrial Human Capital, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: November 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47700 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – |
| Lakeshore Acquisition II Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: November 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29750 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2083 |
| LAMF Global Ventures Corp. I |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: November 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 25000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 |
| Landcadia Holdings IV, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12500 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1625 |
| Leo Holdings Corp II |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: January 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5250 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 |
| LIV Capital Acquisition Corp II |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2027 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41625 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2914 |
| Longview Acquisition Corp. II |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: May 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 800 |
| M3-Brigade Acquisition III Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: July 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33444 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1672 |
| Marlin Technology Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: January 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16666 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 167 |
| Medicus Sciences Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1112 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11 |
| Motive Capital Corp. II |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: May 2023 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33333 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1667 |
| Murphy Canyon Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: January 2027 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 55500 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2775 |
| Northern Star Investment Corp. III |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: February 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7666 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84 |
| OPY Acquisition Corp I |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: September 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4670 |
| Periphas Capital Partnering Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $28.75 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1 |
| PWP Forward Acquisition Corp. I |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: March 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; – |
| Quantum FinTech Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: January 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 660 |
| Relativity Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2029 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21700 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 760 |
| Screaming Eagle Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: January 2027 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 33333 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9000 |
| Seaport Global Acquisition II Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: November 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 400 |
| Signa Sports United NV |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: July 2023 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10731 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1610 |
| Target Global Acquisition I Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: December 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 (e) | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23633 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182 |
| TG Venture Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: August 2028 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74000 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 748 |
| Z-Work Acquisition Corp. |  |  |
| &nbsp;&nbsp;&nbsp; Expiration: January 2026 |  |  |
| &nbsp;&nbsp;&nbsp; Exercise Price: $11.50 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10333 | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8 |
| **Total Warrants (Cost $464,045)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 82322** |
| **MONEY MARKET FUNDS - 2.30%** |  |  |
| Fidelity Investments Money Market Funds - Government Portfolio, 3.560% (c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1515165 |
| STIT - Treasury Portfolio, 3.754% (c) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1515164 |
| **Total Money Market Funds (Cost $3,030,329)** |  | **&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3030329** |
| Total Investments (Cost $143,351,536) - 100.02% |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131638553 |
| Liabilities in Excess of Other Assets - (0.02)% |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (26184) |
| **TOTAL NET ASSETS- 100.00%** |  | $**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131612369** |

---

Percentages are stated as a percent of net assets.<br>

---

| | |
|:---|:---|
| (a) | Non-income producing security. |
| (b) | Fair valued securities. The total market value of these securities was $346,827, representing 0.26% of net assets. Value determined using significant unobservable inputs. |
| (c) | The rate shown represents the seven-day yield at November 30, 2022. |
| (d) | The coupon rate shown represents the rate at November 30, 2022. |
| (e) | Foreign-issued security. |
| Abbreviations: | Abbreviations: |
| BDC | Business Development Company. |
| Ltd. | Limited Liability Company. |

---

The accompanying notes are an integral part of these schedule of investments.<br>

------

---

| |
|:---|
| **Security valuation** - Portfolio securities and other investments are valued using policies and procedures adopted by the Trustees. The Trustees have formed a Valuation |
| Committee to oversee the implementation of these procedures. |
| Investments for which market quotations are readily available are valued at the last reported sales price on their principal exchange, or official closing price for certain markets, and |
| are classified as Level 1 securities under Accounting Standards Codification 820 Fair Value Measurements and Disclosures (ASC 820). If no sales are reported, as in the case of some |
| securities that are traded OTC, a security is valued at its last reported bid price and is generally categorized as a Level 2 security. |
| Investments in open-end investment companies (excluding exchange-traded funds), if any, which can be classified as Level 1 or Level 2 securities, are valued based on their net asset |
| value. The net asset value of such investment companies equals the total value of their assets less their liabilities and divided by the number of their outstanding shares. |
| Market quotations are not considered to be readily available for certain debt obligations (including short-term investments with remaining maturities of 60 days or less) and other |
| investments; such investments are valued on the basis of valuations furnished by an independent pricing service approved by the Trustees. Such services or dealers determine |
| valuations for normal institutional size trading units of such securities using methods based on market transactions for comparable securities and various relationships, generally |
| recognized by institutional traders, between securities (which consider such factors as security prices, yields, maturities and ratings). These securities will generally be categorized |
| as Level 2. |
| Many securities markets and exchanges outside the U.S. close prior to the scheduled close of the New York Stock Exchange and therefore the closing prices for securities in such |
| markets or on such exchanges may not fully reflect events that occur after such close but before the scheduled close of the New York Stock Exchange. Accordingly, on certain days, |
| the Fund will fair value certain foreign equity securities taking into account multiple factors including movements in the U.S. securities markets, currency valuations and comparisons |
| to the valuation of American Depository Receipts, exchange-traded funds and futures contracts. The foreign equity securities, which would generally be classified as Level 1 securities, |
| will be transferred to Level 2 of the fair value hierarchy when they are valued at fair value. The number of days on which fair value prices will be used will depend on market activity |
| and it is possible that fair value prices will be used by the Fund to a significant extent. Securities quoted in foreign currencies, if any, are translated into U.S. dollars at the current |
| exchange rate. |
| To the extent a pricing service or dealer is unable to value a security, the security will be valued at fair value in accordance with policies and procedures approved by the Trustees. |
| Certain investments, including certain restricted and illiquid securities and derivatives, are also valued at fair value following procedures approved by the Trustees. These valuations |
| consider such factors as significant market or specific security events such as interest rate or credit quality changes, various relationships with other securities, discount rates, U.S. |
| Treasury, U.S. swap and credit yields, index levels, convexity exposures, recovery rates, sales and other multiples and resale restrictions. These securities are classified as Level 2 or |
| as Level 3 depending on the priority of the significant inputs. |
| To assess the continuing appropriateness of fair valuations, the Valuation Committee reviews and affirms the reasonableness of such valuations on a regular basis after considering all |
| relevant information that is reasonably available. Such valuations and procedures are reviewed periodically by the Trustees. The fair value of securities is generally determined as the |
| amount that the Fund could reasonably expect to realize from an orderly disposition of such securities over a reasonable period of time. By its nature, a fair value price is a good faith |
| estimate of the value of a security in a current sale and does not reflect an actual market price, which may be different by a material amount. |
| The Fund has adopted fair valuation accounting standards that establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require |
| additional disclosures about the various input and valuation techniques used in measuring fair value. Fair value inputs are summarized in the three broad levels listed below: |

---

---

| |
|:---|
| Level 1—Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. |
| Level 2—Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. |
| These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, |
| prepayment speeds, credit risk, yield curves, default rates and similar data. |
| Level 3—Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own |
| assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information |
| available. |

---

The following is a summary of the fair valuations according to the inputs used as of November 30, 2022 in valuing the Fund's investments:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **Quoted Prices in Active** | **Quoted Prices in Active** | **Significant Other** | | | |
|  | **Markets for Identical** | **Markets for Identical** | **Observable Inputs** | **Unobservable Inputs** | **Unobservable Inputs** | |
|  | **Investments (Level 1)** | **Investments (Level 1)** | **(Level 2)** | **(Level 3)** | **(Level 3)** | **Total** |
| Investment Companies |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Closed-End Funds | $| 53759905 | - | $| - | $53759905 |
| &nbsp;&nbsp;&nbsp; Business Development Companies |  | 26871708 | - |  | - | 26871708 |
| Preferred Stocks |  | 16208790 | 1484709 |  |  | 17693499 |
| Other Common Stock |  | 3033114 |  |  |  | 3033114 |
| Liquidating Trusts |  | 200709 |  |  |  | 200709 |
| Notes |  | 2779773 | - |  | - | 2779773 |
| Special Purpose Acquisition Vehicles |  | 17125279 | 6704637 |  | - | 23829916 |
| Corporate Bonds |  |  | - |  | 346827 | 346827 |
| Rights |  | 911 | 9540 |  | - | 10451 |
| Warrants |  | 71184 | 11138 |  | - | 82322 |
| Money Market Funds |  | 3030329 | - |  | - | 3030329 |
| Total | $| 123081702 | 8210024 | $| 346827 | $131638553 |
| At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the | At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the | At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the | At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the | At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the | At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the | At the start and close of the reporting period, Level 3 investments in securities represented less than 1% of the fund's net assets and were not considered a significant portion of the |
| fund's portfolio. |  |  |  |  |  |  |
| The fair value of derivative instruments as reported within the Schedule of Investments as of November 30, 2022: | The fair value of derivative instruments as reported within the Schedule of Investments as of November 30, 2022: | The fair value of derivative instruments as reported within the Schedule of Investments as of November 30, 2022: | The fair value of derivative instruments as reported within the Schedule of Investments as of November 30, 2022: | The fair value of derivative instruments as reported within the Schedule of Investments as of November 30, 2022: | The fair value of derivative instruments as reported within the Schedule of Investments as of November 30, 2022: |  |
| Derivatives not accounted for as hedging<br> instruments |  |  | Statement of Assets & Liabilities Location |  |  | Value |
| Equity Contracts - Warrants |  |  | Investments, at value |  |  | $82322 |
| The effect of derivative instruments on the Statement of Operations for the period ended November 30, 2022: | The effect of derivative instruments on the Statement of Operations for the period ended November 30, 2022: | The effect of derivative instruments on the Statement of Operations for the period ended November 30, 2022: | The effect of derivative instruments on the Statement of Operations for the period ended November 30, 2022: |  |  |  |
|  | Amount of Realized Gain on Derivatives Recognized in Income | Amount of Realized Gain on Derivatives Recognized in Income | Amount of Realized Gain on Derivatives Recognized in Income | Amount of Realized Gain on Derivatives Recognized in Income | Amount of Realized Gain on Derivatives Recognized in Income | Amount of Realized Gain on Derivatives Recognized in Income |
| Derivatives not accounted for as hedging<br> instruments |  |  | Statement of Operations Location |  |  | Value |
| Equity Contracts - Warrants |  |  | Net Realized Gain |  |  | $7864 |
|  |  |  | on Investments |  |  |  |
|  | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income | Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income |
| Derivatives not accounted for as hedging<br> instruments |  |  | Statement of Operations Location |  |  | Total |
| Equity Contracts - Warrants |  |  | Net change in unrealized |  |  | $(41018) |
|  |  |  | depreciation of investments |  |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** High Income Securities Fund

- **b. Investment Company Act file number:** 811-05133

- **c. CIK number of Registrant:** 0000810943

- **d. LEI of Registrant:** 25RM533JWPQG19PQ1G87

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 4147654255

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

- **a. Name of Series:** High Income Securities Fund

- **c. LEI of Series:** 25RM533JWPQG19PQ1G87

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $133161914.15

**Total Liabilities:** $1552442.01

**Net Assets:** $131609472.14

**Cash Not Reported:** $24198.78

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -2.65%               | -4.57%               | 7.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-201639.49              | $-10861303.30                              |
| Month 2  | $-68221.42               | $2098171.20                                |
| Month 3  | $-464256.92              | $4857549.73                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Delaware Investments National  | Delaware Investments National Municipal Income Fund      | CUSIP: 24610T108<br>LEI: NIC7ULNUGCUI836YP119 | Long             | EC               | RF                | US        |     11870 | NS      | $136267.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Destra Multi-Alternative Fund  | Destra Multi-Alternative Fund                            | CUSIP: 25065A502<br>LEI: N/A                  | Long             | EC               | RF                | US        |    127141 | NS      | $869644.44    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL HEALTH ACQUISTION CO   | Digital Health Acquisition Corp                          | CUSIP: 253893119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     84000 | NS      | $7702.80      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleLine Yield Opportunities | DoubleLine Yield Opportunities Fund                      | CUSIP: 25862D105<br>LEI: 5493006BIH94Q4VHHG23 | Long             | EC               | RF                | US        |     22948 | NS      | $322648.88    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| First Eagle Alternative Capita | First Eagle Alternative Capital BDC Inc                  | CUSIP: 26943B100<br>LEI: ZPFGW6VV73M9CW4FN909 | Long             | EC               | CORP              | US        |    281770 | NS      | $1245423.40   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance New York Municipal | Eaton Vance New York Municipal Bond Fund                 | CUSIP: 27827Y109<br>LEI: 5493003LD9U89XVQ7W91 | Long             | EC               | RF                | US        |    207180 | NS      | $1895697.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Edify Acquisition Corp         | Edify Acquisition Corp                                   | CUSIP: 28059Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $501500.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellsworth Growth and Income Fu | Ellsworth Growth and Income Fund Ltd                     | CUSIP: 289074106<br>LEI: 549300GYFOXHCDQTI772 | Long             | EC               | RF                | US        |     73378 | NS      | $614907.64    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ExcelFin Acquisition Corp      | ExcelFin Acquisition Corp                                | CUSIP: 30069X201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $505000.00    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Figure Acquisition Corp I      | Figure Acquisition Corp I                                | CUSIP: 302438106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7500 | NS      | $75300.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FIGURE ACQUISITION CORP I -A   | Figure Acquisition Corp I                                | CUSIP: 302438114<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      1875 | NS      | $37.50        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FS KKR Capital Corp            | FS KKR Capital Corp                                      | CUSIP: 302635206<br>LEI: 549300TYRSI1T21B1360 | Long             | EC               | CORP              | US        |    374220 | NS      | $7432009.20   | 5.65%             |  |  |  | No            |                  1 | On Loan: No      |
| FAST ACQUISITION CORP II-A     | FAST Acquisition Corp II                                 | CUSIP: 311874119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      7500 | NS      | $5035.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Government Portfolio  | Fidelity Government Portfolio                            | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1488374 | NS      | $1488374.34   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FinTech Acquisition Corp VI    | FinTech Acquisition Corp VI                              | CUSIP: 31811H106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $251250.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FINTECH ACQUISITION CORP -A    | FinTech Acquisition Corp VI                              | CUSIP: 31811H114<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      6250 | NS      | $2.50         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust High Income Long/S | First Trust High Income Long/Short Fund                  | CUSIP: 33738E109<br>LEI: JUEVI6DHENZLPUBV7E49 | Long             | EC               | RF                | US        |      7124 | NS      | $83422.04     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First Trust Dynamic Europe Equ | First Trust Dynamic Europe Equity Income Fund            | CUSIP: 33740D107<br>LEI: 549300YG1NBZKURU8L08 | Long             | EC               | RF                | US        |    263803 | NS      | $2999440.11   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortress Value Acquisition Cor | Fortress Value Acquisition Corp IV                       | CUSIP: 34964K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $251750.00    | 0.19%             |  |  |  | No            |                  3 | On Loan: No      |
| FORTRESS VALUE ACQUIS IV-A     | Fortress Value Acquisition Corp IV                       | CUSIP: 34964K116<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      3125 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| FOSSIL GROUP INC               | Fossil Group Inc                                         | CUSIP: 34988V304<br>LEI: DDMY8YZ6L8UEMS1FDM73 | Long             | EP               | CORP              | US        |     84000 | NS      | $1410360.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GX Acquisition Corp II         | GX Acquisition Corp II                                   | CUSIP: 36260F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60000 | NS      | $594600.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| GX ACQUISITION CORP II-A       | GX Acquisition Corp II                                   | CUSIP: 36260F113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     20000 | NS      | $16000.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL SYSTEMS DYNAMICS IN-A   | Global Systems Dynamics Inc                              | CUSIP: 37653T116<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     25200 | NS      | $252.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gores Holdings VII Inc         | Gores Holdings VII Inc                                   | CUSIP: 38286T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $149400.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GORES HOLDINGS VII INC-A       | Gores Holdings VII Inc                                   | CUSIP: 38286T119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      1875 | NS      | $9.19         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HNR Acquisition Corp           | HNR Acquisition Corp                                     | CUSIP: 40472A102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37000 | NS      | $375920.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| HNR ACQUISITION CORP           | HNR Acquisition Corp                                     | CUSIP: 40472A128<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     37000 | NS      | $740.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HARBOR CUSTOM DEV INC          | Harbor Custom Development Inc                            | CUSIP: 41150T207<br>LEI: 549300X40TN4PVCY6F45 | Long             | EP               | CORP              | US        |    131166 | NS      | $955557.43    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Highland Income Fund           | Highland Income Fund                                     | CUSIP: 43010E404<br>LEI: 254900CMUE9FRYL2UR80 | Long             | EC               | RF                | US        |    450286 | NS      | $5196300.44   | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| IG ACQUISITION CORP-CLASS A    | IG Acquisition Corp                                      | CUSIP: 449534114<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     25000 | NS      | $2812.53      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IMEDIA BRANDS INC              | iMedia Brands Inc                                        | CUSIP: 452465305<br>LEI: 5299009C9SZXPB0EEN07 | Long             | EP               | CORP              | US        |     56073 | NS      | $552470.45    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUSTRIAL HUMAN CAPITAL INC   | Industrial Human Capital Inc                             | CUSIP: 45617P112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     47700 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Juniper II Corp                | Juniper II Corp                                          | CUSIP: 48203N103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    142689 | NS      | $1452574.02   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Landcadia Holdings IV Inc      | Landcadia Holdings IV Inc                                | CUSIP: 51477A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150000 | NS      | $1503945.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LANDCADIA HOLDINGS IV INC-A    | Landcadia Holdings IV Inc                                | CUSIP: 51477A112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     12500 | NS      | $1625.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Logan Ridge Finance Corp       | Logan Ridge Finance Corp                                 | CUSIP: 541098109<br>LEI: 5493007DZ22O2I4VJ124 | Long             | EC               | CORP              | US        |     81300 | NS      | $1710552.00   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Longview Acquisition Corp II   | Longview Acquisition Corp II                             | CUSIP: 54319Q105<br>LEI: 549300KFRIOC6K28E041 | Long             | EC               | CORP              | US        |     39584 | NS      | $397423.36    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| LONGVIEW ACQUISITION CORP -A   | Longview Acquisition Corp II                             | CUSIP: 54319Q113<br>LEI: 549300KFRIOC6K28E041 | N/A              | DE               | CORP              | US        |     10000 | NS      | $800.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lument Finance Trust Inc       | Lument Finance Trust Inc                                 | CUSIP: 55025L108<br>LEI: 5493002OB7SJ4MVQY666 | Long             | EC               | CORP              | US        |    311488 | NS      | $607401.60    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| M3-Brigade Acquisition III Cor | M3-Brigade Acquisition III Corp                          | CUSIP: 55407R103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100332 | NS      | $1009339.92   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| M3-BRIGADE ACQUISITION -CL A   | M3-Brigade Acquisition III Corp                          | CUSIP: 55407R111<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     33444 | NS      | $1672.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MFS Investment Grade Municipal | MFS Investment Grade Municipal Trust                     | CUSIP: 59318B108<br>LEI: TQV30XJRB3S7V50XRW52 | Long             | EC               | RF                | US        |     45387 | NS      | $331098.17    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MFS High Yield Municipal Trust | MFS High Yield Municipal Trust                           | CUSIP: 59318E102<br>LEI: A8WLLLHJKX1MW5QPZU93 | Long             | EC               | RF                | US        |    226941 | NS      | $726211.20    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Emerging Market | Morgan Stanley Emerging Markets Debt Fund Inc            | CUSIP: 61744H105<br>LEI: 879N34XPZOOCKFD26737 | Long             | EC               | RF                | US        |    200315 | NS      | $1330091.60   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PhenixFIN Corp                 | PhenixFIN Corp                                           | CUSIP: 71742W103<br>LEI: 549300JJH1QEB0RKNO53 | Long             | EC               | CORP              | US        |     19193 | NS      | $657360.25    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Portman Ridge Finance Corp     | Portman Ridge Finance Corp                               | CUSIP: 73688F201<br>LEI: 254900YM5BVQKA01I468 | Long             | EC               | CORP              | US        |    190851 | NS      | $4238800.71   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PWP Forward Acquisition Corp I | PWP Forward Acquisition Corp I                           | CUSIP: 74709Q101<br>LEI: N/A                  | Long             | EC               | RF                | US        |    105000 | NS      | $1053150.00   | 0.80%             |  |  |  | No            |                  3 | On Loan: No      |
| PWP FORWARD ACQUISITION CO-A   | PWP Forward Acquisition Corp I                           | CUSIP: 74709Q119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     21000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| QUANTUM FINTECH ACQUISITION    | Quantum FinTech Acquisition Corp                         | CUSIP: 74767A113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     33000 | NS      | $660.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Relativity Acquisition Corp    | Relativity Acquisition Corp                              | CUSIP: 75944B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21700 | NS      | $221557.00    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| RELATIVITY ACQUISITION COR-A   | Relativity Acquisition Corp                              | CUSIP: 75944B114<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     21700 | NS      | $759.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ROC Energy Acquisition Corp    | ROC Energy Acquisition Corp                              | CUSIP: 77118V108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18000 | NS      | $182700.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ROC Energy Acquisition Corp    | ROC Energy Acquisition Corp                              | CUSIP: 77118V116<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18000 | NS      | $910.80       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Runway Growth Finance Corp     | Runway Growth Finance Corp                               | CUSIP: 78163D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    146811 | NS      | $1764668.22   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Saba Capital Income & Opportun | Saba Capital Income & Opportunities Fund                 | CUSIP: 78518H202<br>LEI: 549300MGSUUJ7E55N746 | Long             | EC               | RF                | US        |    559551 | NS      | $4605104.73   | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Seaport Global Acquisition II  | Seaport Global Acquisition II Corp                       | CUSIP: 81221H105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $1012000.00   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| SEAPORT GLOBAL ACQUISITION-A   | Seaport Global Acquisition II Corp                       | CUSIP: 81221H113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     50000 | NS      | $400.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Treasury Portfolio     | Invesco Treasury Portfolio                               | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   1488374 | NS      | $1488374.33   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL PARTNERS HLDS LP         | Steel Partners Holdings LP                               | CUSIP: 85814R206<br>LEI: 5493009U8Z59G5SIZ389 | Long             | EP               | CORP              | US        |    258172 | NS      | $5899230.20   | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| SURO CAPITAL CORP              | SuRo Capital Corp                                        | CUSIP: 86887Q208<br>LEI: 549300YR4IAV0VJFWN84 | Long             | EP               | CORP              | US        |    200000 | NS      | $4780000.00   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONOSS TECH               | Synchronoss Technologies Inc                             | CUSIP: 87157B301<br>LEI: 5493007Z5J8Z2TA76376 | Long             | EP               | CORP              | US        |     46470 | NS      | $816942.60    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TG VENTURE ACQUISITION CORP    | TG Venture Acquisition Corp                              | CUSIP: 87251T117<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     74000 | NS      | $747.40       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Global Income Fund   | Templeton Global Income Fund                             | CUSIP: 880198106<br>LEI: QU1AAXOSV5K4OVMXJP19 | Long             | EC               | RF                | US        |    740030 | NS      | $3137727.20   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Iris Acquisition Corp          | Iris Acquisition Corp                                    | CUSIP: 89601Y101<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     37720 | NS      | $377954.40    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertical Capital Income Fund   | Vertical Capital Income Fund                             | CUSIP: 92535C104<br>LEI: 549300LVMWHJGZNVXZ22 | Long             | EC               | RF                | US        |    310942 | NS      | $2855877.89   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Total Return Fund Inc   | Virtus Total Return Fund Inc                             | CUSIP: 92835W107<br>LEI: 549300KKRHI4GF7RNQ81 | Long             | EC               | RF                | US        |    266388 | NS      | $1851396.60   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| XAI OCTAGON FLT RT ALT         | XAI Octagon Floating Rate Alternative Income Term Trust  | CUSIP: 98400T205<br>LEI: 549300XT617P63BLW552 | Long             | EP               | CORP              | US        |     80000 | NS      | $2013000.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Z-Work Acquisition Corp        | Z-Work Acquisition Corp                                  | CUSIP: 98880C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30999 | NS      | $311074.97    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Z-WORK ACQUISITION CORP-A      | Z-Work Acquisition Corp                                  | CUSIP: 98880C110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     10333 | NS      | $8.27         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Energy Transition Acqui | Zimmer Energy Transition Acquisition Corp                | CUSIP: 989570106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28387 | NS      | $281599.04    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AGBA GROUP HOLDING LTD         | AGBA Group Holding Ltd                                   | CUSIP: N/A<br>LEI: 5493006NA1XBERP7JE98       | N/A              | DE               | CORP              | US        |     36750 | NS      | $2940.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOPLUS ACQUISITION CORP-A     | BioPlus Acquisition Corp                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     37500 | NS      | $2085.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CARTESIAN GROWTH CORP II       | CARTESIAN GROWTH CORP II                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     99999 | NS      | $1017989.82   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CARTESIAN GROWTH CORP II- A    | CARTESIAN GROWTH CORP II                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     33333 | NS      | $3666.63      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Andretti Acquisition Corp      | Andretti Acquisition Corp                                | CUSIP: G26735111<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $510500.00    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Elliott Opportunity II Corp    | Elliott Opportunity II Corp                              | CUSIP: N/A<br>LEI: 549300796AMMETN58424       | Long             | EC               | CORP              | US        |     49395 | NS      | $492962.10    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Acquisition Corp          | Ares Acquisition Corp                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     50000 | NS      | $501000.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES ACQUISITION CORP-A        | Ares Acquisition Corp                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     10000 | NS      | $751.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Wall Acquisition Corp II | Fifth Wall Acquisition Corp III                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     46100 | NS      | $461000.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Forbion European Acquisition C | Forbion European Acquisition Corp                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    100000 | NS      | $1022000.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAC Hera Acquisition Corp     | FTAC Hera Acquisition Corp                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     61000 | NS      | $611830.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAC HERA ACQUISITION CORP-A   | FTAC Hera Acquisition Corp                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     15250 | NS      | $820.45       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kensington Capital Acquisition | Kensington Capital Acquisition Corp V                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     13160 | NS      | $133442.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMF Global Ventures Corp I    | LAMF Global Ventures Corp I                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     50000 | NS      | $510000.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LAMF GLOBAL VENTURES CORP I    | LAMF Global Ventures Corp I                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     25000 | NS      | $1500.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Lakeshore Acquisition II Corp  | Lakeshore Acquisition II Corp                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     59500 | NS      | $602735.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeshore Acquisition II Corp  | Lakeshore Acquisition II Corp                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     59500 | NS      | $7140.00      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LAKESHORE ACQUISITION II COR   | Lakeshore Acquisition II Corp                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     29750 | NS      | $2082.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LAMINGTON ROAD DAC             | Lamington Road DAC                                       | CUSIP: BP5174662<br>LEI: 635400P3XQM8ZRLUPK27 | Long             | DBT              | CORP              | IE        |    491953 | PA      | $346826.87    | 0.26%             | 2121-04-07      | Fixed         | 14.00%                | No            |                  3 | On Loan: No      |
| Leo Holdings Corp II           | Leo Holdings Corp II                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     21000 | NS      | $210525.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| LEO HOLDINGS CORP II-CLASS A   | Leo Holdings Corp II                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      5250 | NS      | $5.25         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LIV Capital Acquisition Corp I | LIV Capital Acquisition Corp II                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |     55500 | NS      | $566100.00    | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| LIV CAPITAL ACQUISITION CO-A   | LIV Capital Acquisition Corp II                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     41625 | NS      | $2913.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Marlin Technology Corp         | Marlin Technology Corp                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     49998 | NS      | $503979.84    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MARLIN TECHNOLOGY CORP-A       | Marlin Technology Corp                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     16666 | NS      | $166.66       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDICUS SCIENCES ACQUISITI-A   | Medicus Sciences Acquisition Corp                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      1112 | NS      | $11.12        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Motive Capital Corp II         | Motive Capital Corp II                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     99999 | NS      | $1013989.86   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| MOTIVE CAPITAL CORP II-CL A    | Motive Capital Corp II                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     33333 | NS      | $1666.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nocturne Acquisition Corp      | Nocturne Acquisition Corp                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     40000 | NS      | $2400.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Screaming Eagle Acquisition Co | Screaming Eagle Acquisition Corp                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     99999 | NS      | $983990.16    | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| SCREAMING EAGLE ACQ -CLASS A   | Screaming Eagle Acquisition Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     33333 | NS      | $8999.91      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET GLOBAL ACQUISITION -A   | Target Global Acquisition I Corp                         | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     23633 | NS      | $1181.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SIGNA SPORTS UNITED NV         | Signa Sports United NV                                   | CUSIP: N80029114<br>LEI: 98450001A668O1060629 | N/A              | DE               | CORP              | US        |     10731 | NS      | $1609.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aberdeen Asia-Pacific Income F | Aberdeen Asia-Pacific Income Fund Inc                    | CUSIP: 003009107<br>LEI: 549300J666ZH67203572 | Long             | EC               | RF                | US        |    410433 | NS      | $1075334.46   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| AltC Acquisition Corp          | AltC Acquisition Corp                                    | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50000 | NS      | $493000.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Tactical Income Fund In | Apollo Tactical Income Fund Inc                          | CUSIP: 037638103<br>LEI: 549300JOTMM1DVBHF402 | Long             | EC               | RF                | US        |    147041 | NS      | $1823308.40   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR RAPHA CAPITAL BIOHOLDI   | Arbor Rapha Capital Bioholdings Corp I                   | CUSIP: 03881F112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     22400 | NS      | $403.20       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AULT DISRUPTIVE TECHNOLOGIES   | Ault Disruptive Technologies Corp                        | CUSIP: 05150A112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     48000 | NS      | $720.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| B Riley Principal 250 Merger C | B Riley Principal 250 Merger Corp                        | CUSIP: 05602L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49998 | NS      | $493980.24    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| B RILEY PRINCIPAL 250 MERG-A   | B Riley Principal 250 Merger Corp                        | CUSIP: 05602L112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     16666 | NS      | $83.50        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Barings BDC Inc                | Barings BDC Inc                                          | CUSIP: 06759L103<br>LEI: 549300GSF4KFZP6ONG49 | Long             | EC               | CORP              | US        |    186369 | NS      | $1712731.11   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOTE CORP -A                  | Biote Corp                                               | CUSIP: 090683111<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     11366 | NS      | $2614.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock California Municipal | BlackRock California Municipal Income Trust              | CUSIP: 09248E102<br>LEI: LE6236HQD6DXEGUHE217 | Long             | EC               | RF                | US        |    234521 | NS      | $2582076.21   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Strategic Credit Fu | Blackstone Strategic Credit Fund                         | CUSIP: 09257R101<br>LEI: 549300YESIF051NRED20 | Long             | EC               | RF                | US        |     28361 | NS      | $312538.22    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock ESG Capital Allocati | Blackrock ESG Capital Allocation Trust                   | CUSIP: 09262F100<br>LEI: 549300EWOI5G0PSVIX17 | Long             | EC               | RF                | US        |    201455 | NS      | $2888864.70   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD DTLA FUND OFF       | Brookfield DTLA Fund Office Trust Investor Inc           | CUSIP: 112714209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1615 | NS      | $9447.75      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CEDAR REALTY TRUST INC         | Cedar Realty Trust Inc                                   | CUSIP: 150602407<br>LEI: 54930056URX93R2RSN82 | Long             | EP               | CORP              | US        |      5080 | NS      | $72644.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CEDAR REALTY TRUST INC         | Cedar Realty Trust Inc                                   | CUSIP: 150602506<br>LEI: 54930056URX93R2RSN82 | Long             | EP               | CORP              | US        |    101456 | NS      | $1141380.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Center Coast Brookfield MLP &  | Center Coast Brookfield MLP & Energy Infrastructure Fund | CUSIP: 151461209<br>LEI: 549300M8EZMVV1SP6N14 | Long             | EC               | RF                | US        |     72216 | NS      | $1308553.92   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Capital Corp VI      | Churchill Capital Corp VI                                | CUSIP: 17143W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34700 | NS      | $345959.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CHURCHILL CAPITAL CORP VI-A    | Churchill Capital Corp VI                                | CUSIP: 17143W119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      6940 | NS      | $195.71       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Churchill Capital Corp VII     | Churchill Capital Corp VII                               | CUSIP: 17144M102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58805 | NS      | $587461.95    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CHURCHILL CAPITAL CORP VII-A   | Churchill Capital Corp VII                               | CUSIP: 17144M110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     11761 | NS      | $352.83       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CION Investment Corp           | CION Investment Corp                                     | CUSIP: 17259U204<br>LEI: 549300XN70JLF94XKX80 | Long             | EC               | CORP              | US        |    571482 | NS      | $5771968.20   | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CLARIM ACQUISITION CORP-CL A   | Clarim Acquisition Corp                                  | CUSIP: 18049C116<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      3333 | NS      | $0.67         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Colombier Acquisition Corp     | Colombier Acquisition Corp                               | CUSIP: 19533H108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40500 | NS      | $398520.00    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| COLOMBIER ACQUISITION CORP-A   | Colombier Acquisition Corp                               | CUSIP: 19533H116<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     13500 | NS      | $756.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Concord Acquisition Corp II    | Concord Acquisition Corp II                              | CUSIP: 20607U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16612 | NS      | $163628.20    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Copper Property CTL Pass Throu | Copper Property CTL Pass Through Trust                   | CUSIP: 217519107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15380 | NS      | $200709.00    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Crescent Capital BDC Inc       | Crescent Capital BDC Inc                                 | CUSIP: 225655109<br>LEI: 549300VPIZMU6OEE0V68 | Long             | EC               | CORP              | US        |    174885 | NS      | $2444892.30   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushing MLP & Infrastructure T | Cushing MLP & Infrastructure Total Return Fund/The       | CUSIP: 231631300<br>LEI: 5493006NXITDSHOHUT03 | Long             | EC               | RF                | US        |     51062 | NS      | $1799424.88   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NXG NextGen Infrastructure Inc | NXG NextGen Infrastructure Income Fund                   | CUSIP: 231647207<br>LEI: 549300MVVZW681ZGYD76 | Long             | EC               | RF                | US        |     12312 | NS      | $523629.36    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| dMY Technology Group Inc VI    | dMY Technology Group Inc VI                              | CUSIP: 233247105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56773 | NS      | $564891.35    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS Municipal Income Trust     | DWS Municipal Income Trust                               | CUSIP: 233368109<br>LEI: TEL2CK71Z3LE1OCHIB43 | Long             | EC               | RF                | US        |      5782 | NS      | $51633.26     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Delaware Enhanced Global Divid | Delaware Enhanced Global Dividend & Income Fund          | CUSIP: 246060107<br>LEI: A2NJVV301U26XNED1002 | Long             | EC               | RF                | US        |    335349 | NS      | $2592247.77   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Delaware Ivy High Income Oppor | Delaware Ivy High Income Opportunities Fund              | CUSIP: 246107106<br>LEI: 549300C130E3EJZ8ZQ39 | Long             | EC               | RF                | US        |     27784 | NS      | $308958.08    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Emerging Market | Morgan Stanley Emerging Markets Domestic Debt Fund Inc   | CUSIP: 617477104<br>LEI: 541YGIXZ6JJP4EZDJI96 | Long             | EC               | RF                | US        |     19182 | NS      | $85359.90     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Canyon Acquisition Corp | Murphy Canyon Acquisition Corp                           | CUSIP: 626642102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55500 | NS      | $563325.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY CANYON ACQUISITION -A   | Murphy Canyon Acquisition Corp                           | CUSIP: 626642110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     55500 | NS      | $2775.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman California Mu | Neuberger Berman California Municipal Fund Inc           | CUSIP: 64123C101<br>LEI: 5493003VDAWQHC3PB533 | Long             | EC               | RF                | US        |     70983 | NS      | $782942.49    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman New York Muni | Neuberger Berman New York Municipal Fund Inc             | CUSIP: 64124K102<br>LEI: 549300QBK683OL6H5P21 | Long             | EC               | RF                | US        |     61737 | NS      | $612431.04    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuberger Berman Next Generati | Neuberger Berman Next Generation Connectivity Fund Inc   | CUSIP: 64133Q108<br>LEI: 549300GRTFKXVB9LQE61 | Long             | EC               | RF                | US        |    314620 | NS      | $3146200.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| New America High Income Fund I | New America High Income Fund Inc/The                     | CUSIP: 641876800<br>LEI: V5LSTDFQKWGSW30MQ381 | Long             | EC               | RF                | US        |    123071 | NS      | $881188.36    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Diversified Real Esta | NexPoint Diversified Real Estate Trust                   | CUSIP: 65340G205<br>LEI: 5493008KGR2NU3OXMR64 | Long             | EC               | CORP              | US        |    173018 | NS      | $2425712.36   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXPOINT DIV REAL ESTA         | NexPoint Diversified Real Estate Trust                   | CUSIP: 65340G304<br>LEI: 5493008KGR2NU3OXMR64 | Long             | EP               | CORP              | US        |     94082 | NS      | $1538240.70   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN STAR INVESTMENT -A    | Northern Star Investment Corp III                        | CUSIP: 66574L118<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      7666 | NS      | $84.33        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nuveen Short Duration Credit O | Nuveen Short Duration Credit Opportunities Fund          | CUSIP: 67074X107<br>LEI: N0WOEFO1WOMLJYH1PV29 | Long             | EC               | RF                | US        |    302479 | NS      | $3732590.86   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Multi-Asset Income Fund | Nuveen Multi-Asset Income Fund                           | CUSIP: 670750108<br>LEI: 549300VLJPKC3DNIJ668 | Long             | EC               | RF                | US        |     20588 | NS      | $254261.80    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuveen Emerging Markets Debt 2 | Nuveen Emerging Markets Debt 2022 Target Term Fund       | CUSIP: 67077P101<br>LEI: 549300RJWTMFGDEV7N50 | Long             | EC               | RF                | US        |       400 | NS      | $2652.00      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| OPY Acquisition Corp I         | OPY Acquisition Corp I                                   | CUSIP: 671005106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $999000.00    | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| OPY ACQUISITION CORP I - A     | OPY Acquisition Corp I                                   | CUSIP: 671005114<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     50000 | NS      | $4670.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OFS CREDIT COMPANY             | OFS Credit Co Inc                                        | CUSIP: 67111Q404<br>LEI: 549300A7A6U0QNX5FB55 | Long             | EP               | CORP              | US        |     60000 | NS      | $1284000.00   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| PGIM Global High Yield Fund In | PGIM Global High Yield Fund Inc                          | CUSIP: 69346J106<br>LEI: F0ATD1Y4J8CHDKHSLD09 | Long             | EC               | RF                | US        |    176072 | NS      | $1994895.76   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Periphas Capital Partnering Co | Periphas Capital Partnering Corp                         | CUSIP: 713895100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $501000.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PERIPHAS CAPITAL PARTNR-CL A   | Periphas Capital Partnering Corp                         | CUSIP: 713895118<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5000 | NS      | $1.50         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** High Income Securities Fund

**Signature:** Andrew Dakos

**Name of Signer:** /s/ Andrew Dakos

**Title:** President