# EDGAR Filing Document

**Accession Number:** 0001503123
**File Stem:** 0001752724-23-015834
**Filing Date:** 2023-1
**Character Count:** 267792
**Document Hash:** 6f7857fbf81b447ec02eb9e44c8ac376
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015834.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001752724-23-015834

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DBX ETF TRUST
- **CENTRAL INDEX KEY:** 0001503123
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22487
- **FILM NUMBER:** 23560408

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DBX ETF Trust
- **DATE OF NAME CHANGE:** 20101008

## Series and Classes Contracts Data

### Xtrackers Short Duration High Yield Bond ETF (Series ID: S000058422)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000191727 | Xtrackers Short Duration High Yield Bond ETF | SHYL            |

## Nport-Ex

**DBX ETF Trust** 

**SCHEDULE OF INVESTMENTS** 

**Xtrackers Short Duration High Yield Bond ETF** 

**November 30, 2022 (Unaudited)** 

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Value** |
| **CORPORATE BONDS - 97.9%** |  |  |
| **Basic Materials - 2.7%** |  |  |
| **Chemicals - 1.3%** |  |  |
| Avient Corp., 144A, 5.75%, 5/15/25 | $110000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107366 |
| Chemours Co., 5.375%, 5/15/27(a) | 75000 | 68189 |
| INEOS Quattro Finance 2 PLC, 144A, 3.375%, 1/15/26 | 92000 | 81897 |
| Methanex Corp., 5.125%, 10/15/27 | 100000 | 91866 |
| NOVA Chemicals Corp. |  |  |
| 144A, 4.875%, 6/1/24 | 178000 | 173437 |
| 144A, 5.00%, 5/1/25 | 97000 | 91461 |
| 144A, 5.25%, 6/1/27 | 178000 | 159991 |
| Olin Corp., 5.125%, 9/15/27 | 92000 | 86349 |
| WR Grace Holdings LLC, 144A, 4.875%, 6/15/27 | 136000 | 121081 |
| (Cost $1,013,560) |  | 981637 |
| **Iron/Steel - 0.6%** |  |  |
| Cleveland-Cliffs, Inc. |  |  |
| 144A, 6.75%, 3/15/26 | 140000 | 140997 |
| 5.875%, 6/1/27(a) | 100000 | 94792 |
| Mineral Resources Ltd. |  |  |
| 144A, 8.125%, 5/1/27 | 150000 | 151857 |
| 144A, 8.00%, 11/1/27 | 60000 | 62086 |
| (Cost $458,563) |  | 449732 |
| **Mining - 0.8%** |  |  |
| Arconic Corp., 144A, 6.00%, 5/15/25 | 129000 | 127342 |
| FMG Resources August 2006 Pty Ltd. |  |  |
| 144A, 5.125%, 5/15/24 | 127000 | 126127 |
| 144A, 4.50%, 9/15/27 | 120000 | 109933 |
| Hudbay Minerals, Inc., 144A, 4.50%, 4/1/26 | 85000 | 77089 |
| Novelis Corp., 144A, 3.25%, 11/15/26 | 127000 | 113650 |
| (Cost $585,768) |  | 554141 |
| **Communications - 17.6%** |  |  |
| **Advertising - 0.5%** |  |  |
| Clear Channel Outdoor Holdings, Inc., 144A, 5.125%, 8/15/27 | 212000 | 183000 |
| Outfront Media Capital LLC / Outfront Media Capital Corp. |  |  |
| 144A, 6.25%, 6/15/25 | 65000 | 64761 |
| 144A, 5.00%, 8/15/27 | 129000 | 117713 |
| (Cost $371,290) |  | 365474 |
| **Internet - 1.4%** |  |  |
| Gen Digital, Inc. |  |  |
| 144A, 5.00%, 4/15/25 | 130000 | 126259 |
| 144A, 6.75%, 9/30/27 | 152000 | 152787 |
| Photo Holdings Merger Sub, Inc., 144A, 8.50%, 10/1/26 | 150000 | 92852 |
| Uber Technologies, Inc. |  |  |
| 144A, 7.50%, 5/15/25 | 225000 | 226543 |
| 144A, 8.00%, 11/1/26 | 314000 | 317928 |
| 144A, 7.50%, 9/15/27 | 100000 | 100674 |
| (Cost $1,092,760) |  | 1017043 |
| **Media - 7.7%** |  |  |
| AMC Networks, Inc. |  |  |
| 5.00%, 4/1/24 | 68000 | 65005 |
| 4.75%, 8/1/25 | 135000 | 119808 |
| Audacy Capital Corp., 144A, 6.50%, 5/1/27 | 76000 | 19447 |
| CCO Holdings LLC / CCO Holdings Capital Corp. |  |  |
| 144A, 5.50%, 5/1/26 | 100000 | 97595 |
| 144A, 5.125%, 5/1/27 | 619000 | 582699 |
| CSC Holdings LLC |  |  |
| 5.25%, 6/1/24 | 127000 | 122079 |
| 144A, 5.50%, 4/15/27 | 222000 | 203683 |
| Directv Financing LLC / Directv Financing Co.-Obligor, Inc., 144A, 5.875%, 8/15/27 | 626000 | 571453 |
| DISH DBS Corp. |  |  |
| 5.00%, 3/15/23 | 189000 | 187819 |
| 5.875%, 11/15/24 | 358000 | 336552 |
| 7.75%, 7/1/26 | 364000 | 299232 |
| 144A, 5.25%, 12/1/26 | 465000 | 396412 |
| Gray Television, Inc. |  |  |
| 144A, 5.875%, 7/15/26 | 118000 | 108890 |
| 144A, 7.00%, 5/15/27 | 127000 | 117158 |
| iHeartCommunications, Inc. |  |  |
| 6.375%, 5/1/26 | 230000 | 217807 |
| 8.375%, 5/1/27 | 280000 | 248349 |
| LCPR Senior Secured Financing DAC, 144A, 6.75%, 10/15/27 | 234000 | 221668 |
| Nexstar Media, Inc., 144A, 5.625%, 7/15/27 | 336000 | 316113 |
| Radiate Holdco LLC / Radiate Finance, Inc., 144A, 4.50%, 9/15/26 | 174000 | 142606 |
| Sirius XM Radio, Inc. |  |  |
| 144A, 3.125%, 9/1/26 | 270000 | 244091 |
| 144A, 5.00%, 8/1/27 | 100000 | 93438 |
| TEGNA, Inc., 144A, 4.75%, 3/15/26 | 102000 | 99764 |
| Univision Communications, Inc. |  |  |
| 144A, 5.125%, 2/15/25 | 275000 | 265742 |
| 144A, 6.625%, 6/1/27 | 244000 | 238188 |
| Videotron Ltd., 144A, 5.375%, 6/15/24 | 261000 | 258677 |
| Ziggo Bond Co. BV, 144A, 6.00%, 1/15/27 | 106000 | 97961 |
| (Cost $6,148,590) |  | 5672236 |

---

------

---

| | | |
|:---|:---|:---|
| **Telecommunications - 8.0%** |  |  |
| Altice France Holding SA, 144A, 10.50%, 5/15/27 | 264000.0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;209054 |
| Altice France SA, 144A, 8.125%, 2/1/27 | 329000.0 | 313713 |
| C&W Senior Financing DAC, 144A, 6.875%, 9/15/27 | 180000.0 | 160650 |
| CommScope Technologies LLC |  |  |
| 144A, 6.00%, 6/15/25 | 215000.0 | 197820 |
| 144A, 5.00%, 3/15/27 | 138000.0 | 105801 |
| CommScope, Inc. |  |  |
| 144A, 6.00%, 3/1/26 | 254000.0 | 245483 |
| 144A, 8.25%, 3/1/27 | 169000.0 | 145340 |
| Connect Finco SARL / Connect US Finco LLC, 144A, 6.75%, 10/1/26 | 378000.0 | 357828 |
| DKT Finance ApS, 144A, 9.375%, 6/17/23 | 88000.0 | 85032 |
| Frontier Communications Holdings LLC, 144A, 5.875%, 10/15/27 | 200000.0 | 189000 |
| Hughes Satellite Systems Corp. |  |  |
| 5.25%, 8/1/26 | 125000.0 | 119492 |
| 6.625%, 8/1/26(a) | 160000.0 | 148997 |
| Iliad Holding SASU, 144A, 6.50%, 10/15/26 | 203000.0 | 193299 |
| Level 3 Financing, Inc. |  |  |
| 144A, 3.40%, 3/1/27 | 127000.0 | 108017 |
| 144A, 4.625%, 9/15/27 | 183000.0 | 154429 |
| Lumen Technologies, Inc. |  |  |
| 144A, 5.125%, 12/15/26 | 120000.0 | 102781 |
| 144A, 4.00%, 2/15/27 | 220000.0 | 187830 |
| Nokia OYJ, 4.375%, 6/12/27 | 100000.0 | 94675 |
| Quebecor Media, Inc., 5.75%, 1/15/23 | 157000.0 | 157041 |
| Sprint LLC |  |  |
| 7.875%, 9/15/23 | 898000.0 | 915836 |
| 7.125%, 6/15/24 | 550000.0 | 562353 |
| 7.625%, 3/1/26 | 265000.0 | 279033 |
| Telecom Italia SpA, 144A, 5.303%, 5/30/24 | 259000.0 | 251200 |
| Telesat Canada / Telesat LLC |  |  |
| 144A, 5.625%, 12/6/26 | 92000.0 | 43504 |
| 144A, 4.875%, 6/1/27 | 45000.0 | 20279 |
| VEON Holdings BV, 144A, 4.95%, 6/16/24 | 113000.0 | 96387 |
| Viasat, Inc., 144A, 5.625%, 9/15/25 | 236000.0 | 219873 |
| Zayo Group Holdings, Inc., 144A, 4.00%, 3/1/27 | 258000.0 | 185216 |
| (Cost $6,289,638) |  | 5849963 |
| **Consumer, Cyclical - 24.6%** |  |  |
| **Airlines - 2.4%** |  |  |
| Air Canada, 144A, 3.875%, 8/15/26 | 203000.0 | 186001 |
| American Airlines Group, Inc., 144A, 3.75%, 3/1/25(a) | 85000.0 | 74510 |
| American Airlines, Inc., 144A, 11.75%, 7/15/25 | 473000.0 | 519909 |
| Delta Air Lines, Inc. |  |  |
| 2.90%, 10/28/24 | 245000.0 | 232604 |
| 7.375%, 1/15/26 | 166000.0 | 171715 |
| Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty Ltd., 144A, 5.75%, 1/20/26 | 209252.0 | 196117 |
| United Airlines, Inc., 144A, 4.375%, 4/15/26 | 370000.0 | 342635 |
| (Cost $1,857,522) |  | 1723491 |
| **Apparel - 0.4%** |  |  |
| Hanesbrands, Inc. |  |  |
| 144A, 4.625%, 5/15/24 | 137000.0 | 132879 |
| 144A, 4.875%, 5/15/26 | 152000.0 | 138541 |
| (Cost $300,395) |  | 271420 |
| **Auto Manufacturers - 3.7%** |  |  |
| Allison Transmission, Inc., 144A, 4.75%, 10/1/27 | 95000.0 | 88210 |
| Ford Motor Co., 4.346%, 12/8/26 | 300000.0 | 286046 |
| Ford Motor Credit Co. LLC |  |  |
| 5.584%, 3/18/24 | 115000.0 | 113832 |
| 3.664%, 9/8/24 | 122000.0 | 117277 |
| 4.063%, 11/1/24 | 200000.0 | 193314 |
| 2.30%, 2/10/25 | 300000.0 | 275583 |
| 4.687%, 6/9/25 | 97000.0 | 93439 |
| 5.125%, 6/16/25 | 200000.0 | 193885 |
| 4.134%, 8/4/25 | 125000.0 | 118420 |
| 3.375%, 11/13/25 | 210000.0 | 193988 |
| GMTN, 4.389%, 1/8/26 | 180000.0 | 170847 |
| 4.542%, 8/1/26 | 82000.0 | 77858 |
| 2.70%, 8/10/26 | 200000.0 | 175940 |
| 4.271%, 1/9/27 | 98000.0 | 90863 |
| 4.95%, 5/28/27 | 159000.0 | 150645 |
| 7.35%, 11/4/27 | 40000.0 | 41616 |
| Jaguar Land Rover Automotive PLC |  |  |
| 144A, 5.625%, 2/1/23(a) | 108000.0 | 107082 |
| 144A, 7.75%, 10/15/25 | 141000.0 | 128390 |
| 144A, 4.50%, 10/1/27(a) | 86000.0 | 65671 |
| (Cost $2,826,656) |  | 2682906 |
| **Auto Parts & Equipment - 1.9%** |  |  |
| Adient Global Holdings Ltd., 144A, 4.875%, 8/15/26(a) | 134000.0 | 123632 |
| American Axle & Manufacturing, Inc., 6.50%, 4/1/27(a) | 75000.0 | 70609 |
| Clarios Global LP, 144A, 6.75%, 5/15/25 | 66000.0 | 66047 |
| Clarios Global LP / Clarios US Finance Co. |  |  |
| 144A, 6.25%, 5/15/26 | 265000.0 | 262603 |
| 144A, 8.50%, 5/15/27 | 291000.0 | 284442 |
| Dana, Inc., 5.375%, 11/15/27 | 120000.0 | 110093 |

---

------

---

| | | |
|:---|:---|:---|
| Goodyear Tire & Rubber Co. |  |  |
| 9.50%, 5/31/25 | 50000.0 | 51975 |
| 5.00%, 5/31/26 | 152000.0 | 147518 |
| 4.875%, 3/15/27(a) | 118000.0 | 109524 |
| ZF North America Capital, Inc., 144A, 4.75%, 4/29/25 | 182000.0 | 174487 |
| (Cost $1,464,703) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1400930 |
| **Entertainment - 4.4%** |  |  |
| AMC Entertainment Holdings, Inc., 144A, 6/15/26 | 240000.0 | 87145 |
| Caesars Entertainment, Inc. |  |  |
| 144A, 6.25%, 7/1/25 | 637000.0 | 630109 |
| 144A, 8.125%, 7/1/27 | 300000.0 | 301590 |
| Caesars Resort Collection LLC / CRC Finco, Inc., 144A, 5.75%, 7/1/25 | 218000.0 | 215691 |
| Cedar Fair LP / Canada's Wonderland Co. / Magnum Management Corp. / Millennium Op |  |  |
| 144A, 5.50%, 5/1/25 | 192000.0 | 191648 |
| 5.375%, 4/15/27 | 97000.0 | 92565 |
| Churchill Downs, Inc., 144A, 5.50%, 4/1/27 | 102000.0 | 97123 |
| Cinemark USA, Inc., 144A, 5.875%, 3/15/26 | 78000.0 | 68273 |
| International Game Technology PLC |  |  |
| 144A, 6.50%, 2/15/25 | 118000.0 | 118742 |
| 144A, 4.125%, 4/15/26 | 127000.0 | 119672 |
| 144A, 6.25%, 1/15/27 | 138000.0 | 137317 |
| Live Nation Entertainment, Inc. |  |  |
| 144A, 4.875%, 11/1/24 | 97000.0 | 95603 |
| 144A, 6.50%, 5/15/27 | 203000.0 | 203715 |
| 144A, 4.75%, 10/15/27 | 150000.0 | 133645 |
| Mohegan Tribal Gaming Authority, 144A, 8.00%, 2/1/26 | 199000.0 | 184824 |
| Penn Entertainment, Inc., 144A, 5.625%, 1/15/27 | 68000.0 | 62828 |
| Scientific Games International, Inc., 144A, 8.625%, 7/1/25 | 102000.0 | 105329 |
| Six Flags Entertainment Corp. |  |  |
| 144A, 4.875%, 7/31/24 | 315000.0 | 303160 |
| 144A, 5.50%, 4/15/27(a) | 56000.0 | 50657 |
| Vail Resorts, Inc., 144A, 6.25%, 5/15/25 | 50000.0 | 49917 |
| (Cost $3,519,895) |  | 3249553 |
| **Food Service - 0.5%** |  |  |
| Aramark Services, Inc., 144A, 6.375%, 5/1/25 |  |  |
| (Cost $386,577) | 374000.0 | 371728 |
| **Home Builders - 0.5%** |  |  |
| Brookfield Residential Properties, Inc. / Brookfield Residential US LLC, 144A, 6.25%, 9/15/27 | 90000.0 | 80245 |
| Century Communities, Inc., 6.75%, 6/1/27 | 85000.0 | 82545 |
| Meritage Homes Corp., 6.00%, 6/1/25 | 78000.0 | 77336 |
| Taylor Morrison Communities, Inc., 144A, 5.875%, 6/15/27 | 100000.0 | 95844 |
| (Cost $334,232) |  | 335970 |
| **Housewares - 0.7%** |  |  |
| Newell Brands, Inc. |  |  |
| 4.875%, 6/1/25 | 68000.0 | 65790 |
| 4.45%, 4/1/26 | 367000.0 | 346911 |
| 6.375%, 9/15/27 | 110000.0 | 108350 |
| (Cost $576,001) |  | 521051 |
| **Leisure Time - 3.8%** |  |  |
| Carnival Corp. |  |  |
| 144A, 10.50%, 2/1/26 | 150000.0 | 152032 |
| 144A, 7.625%, 3/1/26 | 269000.0 | 227158 |
| 144A, 5.75%, 3/1/27 | 720000.0 | 543147 |
| Life Time, Inc. |  |  |
| 144A, 5.75%, 1/15/26 | 161000.0 | 153976 |
| 144A, 8.00%, 4/15/26 | 80000.0 | 72014 |
| NCL Corp. Ltd. |  |  |
| 144A, 3.625%, 12/15/24 | 224000.0 | 195097 |
| 144A, 5.875%, 3/15/26 | 185000.0 | 151988 |
| 144A, 5.875%, 2/15/27 | 185000.0 | 164959 |
| Royal Caribbean Cruises Ltd. |  |  |
| 144A, 11.50%, 6/1/25 | 236000.0 | 253112 |
| 144A, 4.25%, 7/1/26 | 110000.0 | 90627 |
| 144A, 5.50%, 8/31/26 | 169000.0 | 145397 |
| 144A, 5.375%, 7/15/27 | 184000.0 | 151767 |
| 144A, 11.625%, 8/15/27 | 212000.0 | 215954 |
| Viking Cruises Ltd. |  |  |
| 144A, 13.00%, 5/15/25 | 152000.0 | 161672 |
| 144A, 5.875%, 9/15/27 | 120000.0 | 100820 |
| (Cost $3,104,623) |  | 2779720 |
| **Lodging - 3.5%** |  |  |
| Hilton Domestic Operating Co., Inc., 144A, 5.375%, 5/1/25 | 81000.0 | 80685 |
| Las Vegas Sands Corp. |  |  |
| 3.20%, 8/8/24 | 328000.0 | 313436 |
| 2.90%, 6/25/25 | 100000.0 | 91631 |
| 3.50%, 8/18/26 | 180000.0 | 162047 |
| Melco Resorts Finance Ltd. |  |  |
| 144A, 4.875%, 6/6/25(a) | 184000.0 | 162972 |
| 144A, 5.25%, 4/26/26 | 85000.0 | 72270 |
| 144A, 5.625%, 7/17/27 | 100000.0 | 82177 |
| MGM Resorts International |  |  |
| 6.00%, 3/15/23 | 172000.0 | 171940 |
| 6.75%, 5/1/25 | 141000.0 | 140520 |

---

------

---

| | | |
|:---|:---|:---|
| 5.75%, 6/15/25 | 72000.0 | 70363 |
| 4.625%, 9/1/26 | 78000.0 | 72069 |
| 5.50%, 4/15/27 | 131000.0 | 123565 |
| Travel + Leisure Co. |  |  |
| 3.90%, 3/1/23 | 73000.0 | 72362 |
| 144A, 6.625%, 7/31/26 | 110000.0 | 107344 |
| 6.00%, 4/1/27 | 73000.0 | 68718 |
| Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp. |  |  |
| 144A, 4.25%, 5/30/23 | 323000.0 | 320264 |
| 144A, 5.50%, 3/1/25 | 314000.0 | 302519 |
| 144A, 5.25%, 5/15/27(a) | 179000.0 | 164241 |
| (Cost $2,652,074) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2579123 |
| **Retail - 2.7%** |  |  |
| 1011778 BC ULC / New Red Finance, Inc., 144A, 5.75%, 4/15/25 | 147000.0 | 146621 |
| Carvana Co. |  |  |
| 144A, 5.625%, 10/1/25 | 87000.0 | 39302 |
| 144A, 5.50%, 4/15/27 | 100000.0 | 36070 |
| eG Global Finance PLC |  |  |
| 144A, 6.75%, 2/7/25 | 157000.0 | 143178 |
| 144A, 8.50%, 10/30/25 | 90000.0 | 86044 |
| Ferrellgas LP / Ferrellgas Finance Corp., 144A, 5.375%, 4/1/26 | 110000.0 | 101391 |
| Guitar Center, Inc., 144A, 8.50%, 1/15/26 | 101000.0 | 88499 |
| IRB Holding Corp., 144A, 7.00%, 6/15/25 | 161000.0 | 162106 |
| NMG Holding Co, Inc. / Neiman Marcus Group LLC, 144A, 7.125%, 4/1/26 | 186000.0 | 179365 |
| Party City Holdings, Inc., 144A, 8.75%, 2/15/26 | 130000.0 | 48998 |
| Penske Automotive Group, Inc., 3.50%, 9/1/25 | 150000.0 | 140622 |
| QVC, Inc. |  |  |
| 4.85%, 4/1/24 | 116000.0 | 110579 |
| 4.45%, 2/15/25 | 166000.0 | 141361 |
| 4.75%, 2/15/27 | 50000.0 | 37625 |
| Rite Aid Corp., 144A, 8.00%, 11/15/26 | 139000.0 | 85739 |
| Staples, Inc. |  |  |
| 144A, 7.50%, 4/15/26 | 376000.0 | 334753 |
| 144A, 10.75%, 4/15/27(a) | 175000.0 | 127653 |
| (Cost $2,430,549) |  | 2009906 |
| **Toys/Games/Hobbies - 0.1%** |  |  |
| Mattel, Inc., 144A, 3.375%, 4/1/26 |  |  |
| (Cost $104,626) | 102000.0 | 93788 |
| **Consumer, Non-cyclical - 14.1%** |  |  |
| **Agriculture - 0.2%** |  |  |
| Vector Group Ltd., 144A, 10.50%, 11/1/26 |  |  |
| (Cost $96,825) | 94000.0 | 94367 |
| **Commercial Services - 4.3%** |  |  |
| ADT Security Corp., 4.125%, 6/15/23 | 218000.0 | 216078 |
| Allied Universal Holdco LLC / Allied Universal Finance Corp. |  |  |
| 144A, 6.625%, 7/15/26 | 365000.0 | 347403 |
| 144A, 9.75%, 7/15/27 | 178000.0 | 160952 |
| APX Group, Inc., 144A, 6.75%, 2/15/27 | 102000.0 | 100292 |
| Avis Budget Car Rental LLC / Avis Budget Finance, Inc., 144A, 5.75%, 7/15/27 | 80000.0 | 73723 |
| Block, Inc., 2.75%, 6/1/26 | 169000.0 | 150256 |
| Brink's Co., 144A, 4.625%, 10/15/27 | 100000.0 | 92113 |
| CoreCivic, Inc., 8.25%, 4/15/26 | 114000.0 | 116572 |
| Garda World Security Corp. |  |  |
| 144A, 4.625%, 2/15/27 | 96000.0 | 86333 |
| 144A, 9.50%, 11/1/27 | 80000.0 | 74245 |
| Grand Canyon University, 4.125%, 10/1/24 | 85000.0 | 80407 |
| Herc Holdings, Inc., 144A, 5.50%, 7/15/27 | 203000.0 | 189612 |
| Hertz Corp., 144A, 4.625%, 12/1/26 | 85000.0 | 73798 |
| Prime Security Services Borrower LLC / Prime Finance, Inc. |  |  |
| 144A, 5.25%, 4/15/24 | 112000.0 | 110740 |
| 144A, 5.75%, 4/15/26 | 243000.0 | 238550 |
| 144A, 3.375%, 8/31/27 | 140000.0 | 122503 |
| Sabre GLBL, Inc. |  |  |
| 144A, 9.25%, 4/15/25 | 140000.0 | 139865 |
| 144A, 7.375%, 9/1/25 | 156000.0 | 148815 |
| Sotheby's, 144A, 7.375%, 10/15/27 | 148000.0 | 144392 |
| United Rentals North America, Inc. |  |  |
| 5.50%, 5/15/27 | 100000.0 | 98779 |
| 3.875%, 11/15/27 | 160000.0 | 146933 |
| Verscend Escrow Corp., 144A, 9.75%, 8/15/26 | 200000.0 | 200340 |
| (Cost $3,255,508) |  | 3112701 |
| **Cosmetics/Personal Care - 0.3%** |  |  |
| Coty, Inc. |  |  |
| 144A, 5.00%, 4/15/26 | 159000.0 | 151718 |
| 144A, 6.50%, 4/15/26(a) | 93000.0 | 88944 |
| (Cost $254,931) |  | 240662 |
| **Food - 2.1%** |  |  |
| Albertsons Cos., Inc. / Safeway, Inc. / New Albertsons LP / Albertsons LLC |  |  |
| 144A, 3.50%, 2/15/23 | 137000.0 | 136489 |
| 144A, 3.25%, 3/15/26 | 127000.0 | 115490 |
| 144A, 7.50%, 3/15/26 | 102000.0 | 103907 |
| 144A, 4.625%, 1/15/27 | 226000.0 | 209066 |
| B&G Foods, Inc. |  |  |
| 5.25%, 4/1/25 | 114000.0 | 100754 |
| 5.25%, 9/15/27 | 110000.0 | 88619 |
| Performance Food Group, Inc., 144A, 5.50%, 10/15/27 | 200000.0 | 193729 |

---

------

---

| | | |
|:---|:---|:---|
| Pilgrim's Pride Corp., 144A, 5.875%, 9/30/27 | 206000.0 | 202521 |
| Post Holdings, Inc., 144A, 5.75%, 3/1/27 | 78000.0 | 75441 |
| Sigma Holdco BV, 144A, 7.875%, 5/15/26 | 75000.0 | 54485 |
| US Foods, Inc., 144A, 6.25%, 4/15/25 | 269000.0 | 269343 |
| (Cost $1,623,684) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1549844 |
| **Healthcare-Services - 3.9%** |  |  |
| CHS/Community Health Systems, Inc. |  |  |
| 144A, 8.00%, 3/15/26 | 396000.0 | 365995 |
| 144A, 5.625%, 3/15/27 | 320000.0 | 272206 |
| IQVIA, Inc. |  |  |
| 144A, 5.00%, 10/15/26 | 225000.0 | 216838 |
| 144A, 5.00%, 5/15/27 | 217000.0 | 207494 |
| Legacy LifePoint Health LLC |  |  |
| 144A, 6.75%, 4/15/25 | 136000.0 | 125062 |
| 144A, 4.375%, 2/15/27 | 114000.0 | 94644 |
| ModivCare, Inc., 144A, 5.875%, 11/15/25 | 95000.0 | 87753 |
| RegionalCare Hospital Partners Holdings, Inc. / LifePoint Health, Inc., 144A, 9.75%, 12/1/26 | 216000.0 | 172348 |
| Select Medical Corp., 144A, 6.25%, 8/15/26 | 207000.0 | 199238 |
| Tenet Healthcare Corp. |  |  |
| 4.625%, 7/15/24 | 90000.0 | 88160 |
| 144A, 4.625%, 9/1/24 | 131000.0 | 127324 |
| 144A, 4.875%, 1/1/26 | 449000.0 | 426770 |
| 144A, 6.25%, 2/1/27 | 264000.0 | 253292 |
| 144A, 5.125%, 11/1/27 | 250000.0 | 233649 |
| (Cost $3,151,017) |  | 2870773 |
| **Household Products/Wares - 0.1%** |  |  |
| Kronos Acquisition Holdings, Inc. / KIK Custom Products, Inc., 144A, 5.00%, 12/31/26 |  |  |
| (Cost $99,208) | 101000.0 | 92245 |
| **Pharmaceuticals - 3.2%** |  |  |
| Bausch Health Americas, Inc. |  |  |
| 144A, 9.25%, 4/1/26 | 120000.0 | 78042 |
| 144A, 8.50%, 1/31/27 | 145000.0 | 69733 |
| Bausch Health Cos., Inc. |  |  |
| 144A, 5.50%, 11/1/25 | 328000.0 | 277980 |
| 144A, 9.00%, 12/15/25 | 160000.0 | 115502 |
| 144A, 6.125%, 2/1/27 | 195000.0 | 129577 |
| 144A, 5.75%, 8/15/27 | 25000.0 | 16269 |
| Mallinckrodt International Finance SA / Mallinckrodt CB LLC, 144A, 10.00%, 4/15/25 | 88000.0 | 76251 |
| Perrigo Finance Unlimited Co. |  |  |
| 3.90%, 12/15/24 | 120000.0 | 114198 |
| 4.375%, 3/15/26 | 125000.0 | 115783 |
| Teva Pharmaceutical Finance Co. BV, 2.95%, 12/18/22 | 174000.0 | 173769 |
| Teva Pharmaceutical Finance Netherlands III BV |  |  |
| 6.00%, 4/15/24 | 190000.0 | 187559 |
| 7.125%, 1/31/25 | 311000.0 | 312056 |
| 3.15%, 10/1/26 | 607000.0 | 524333 |
| 4.75%, 5/9/27 | 175000.0 | 159234 |
| (Cost $2,756,621) |  | 2350286 |
| **Energy - 10.6%** |  |  |
| **Oil & Gas - 5.7%** |  |  |
| Ascent Resources Utica Holdings LLC / ARU Finance Corp., 144A, 7.00%, 11/1/26 | 102000.0 | 100118 |
| Calumet Specialty Products Partners LP / Calumet Finance Corp., 144A, 11.00%, 4/15/25 | 93000.0 | 97798 |
| Chesapeake Energy Corp., 144A, 5.50%, 2/1/26 | 85000.0 | 82082 |
| Citgo Holding, Inc., 144A, 9.25%, 8/1/24 | 218000.0 | 219591 |
| CITGO Petroleum Corp., 144A, 7.00%, 6/15/25 | 391000.0 | 384943 |
| CrownRock LP / CrownRock Finance, Inc., 144A, 5.625%, 10/15/25 | 202000.0 | 197481 |
| CVR Energy, Inc., 144A, 5.25%, 2/15/25 | 117000.0 | 112308 |
| Laredo Petroleum, Inc., 9.50%, 1/15/25 | 98000.0 | 98144 |
| Leviathan Bond Ltd. |  |  |
| 144A, REGS, 5.75%, 6/30/23 | 85000.0 | 85052 |
| 144A, REGS, 6.125%, 6/30/25 | 102000.0 | 100543 |
| 144A, REGS, 6.50%, 6/30/27 | 102000.0 | 99450 |
| MEG Energy Corp., 144A, 7.125%, 2/1/27 | 152000.0 | 154660 |
| Moss Creek Resources Holdings, Inc., 144A, 7.50%, 1/15/26 | 206000.0 | 191948 |
| Murphy Oil Corp., 5.75%, 8/15/25 | 54000.0 | 53849 |
| Nabors Industries Ltd., 144A, 7.25%, 1/15/26 | 98000.0 | 93242 |
| Nabors Industries, Inc. |  |  |
| 5.75%, 2/1/25 | 95000.0 | 91319 |
| 144A, 7.375%, 5/15/27 | 118000.0 | 114902 |
| Occidental Petroleum Corp. |  |  |
| 6.95%, 7/1/24 | 70000.0 | 71051 |
| 5.875%, 9/1/25 | 264000.0 | 266719 |
| 5.50%, 12/1/25 | 100000.0 | 99860 |
| 5.55%, 3/15/26 | 114000.0 | 114152 |
| 8.50%, 7/15/27 | 114000.0 | 124405 |
| Parkland Corp., 144A, 5.875%, 7/15/27 | 85000.0 | 81600 |
| PBF Holding Co. LLC / PBF Finance Corp., 7.25%, 6/15/25 | 130000.0 | 128671 |
| Puma International Financing SA, 144A, 5.00%, 1/24/26 | 200000.0 | 176362 |

---

------

---

| | | |
|:---|:---|:---|
| Range Resources Corp. |  |  |
| 5.00%, 3/15/23 | 97000.0 | 96623 |
| 4.875%, 5/15/25 | 151000.0 | 146515 |
| SM Energy Co. |  |  |
| 6.75%, 9/15/26 | 75000.0 | 73627 |
| 6.625%, 1/15/27 | 100000.0 | 98170 |
| Sunoco LP / Sunoco Finance Corp., 6.00%, 4/15/27 | 110000.0 | 108569 |
| Transocean, Inc. |  |  |
| 144A, 7.50%, 1/15/26 | 85000.0 | 71375 |
| 144A, 11.50%, 1/30/27 | 126000.0 | 127145 |
| 144A, 8.00%, 2/1/27 | 100000.0 | 81892 |
| (Cost $4,151,545) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4144166 |
| **Oil & Gas Services - 0.5%** |  |  |
| Archrock Partners LP / Archrock Partners Finance Corp., 144A, 6.875%, 4/1/27 | 85000.0 | 82382 |
| CGG SA, 144A, 8.75%, 4/1/27(a) | 85000.0 | 71651 |
| USA Compression Partners LP / USA Compression Finance Corp. |  |  |
| 6.875%, 4/1/26 | 133000.0 | 127556 |
| 6.875%, 9/1/27 | 110000.0 | 104683 |
| (Cost $407,450) |  | 386272 |
| **Pipelines - 4.4%** |  |  |
| Antero Midstream Partners LP / Antero Midstream Finance Corp. |  |  |
| 144A, 7.875%, 5/15/26 | 75000.0 | 76662 |
| 144A, 5.75%, 3/1/27 | 119000.0 | 113778 |
| Buckeye Partners LP |  |  |
| 4.15%, 7/1/23 | 68000.0 | 67065 |
| 144A, 4.125%, 3/1/25 | 85000.0 | 81730 |
| 3.95%, 12/1/26 | 110000.0 | 97251 |
| Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp. |  |  |
| 5.75%, 4/1/25 | 50000.0 | 48838 |
| 144A, 5.625%, 5/1/27 | 110000.0 | 103609 |
| EnLink Midstream Partners LP |  |  |
| 4.15%, 6/1/25 | 20000.0 | 19104 |
| 4.85%, 7/15/26 | 166000.0 | 157360 |
| EQM Midstream Partners LP |  |  |
| 144A, 6.00%, 7/1/25 | 63000.0 | 61848 |
| 4.125%, 12/1/26 | 92000.0 | 84668 |
| 144A, 7.50%, 6/1/27 | 85000.0 | 84953 |
| 144A, 6.50%, 7/1/27 | 152000.0 | 147653 |
| Genesis Energy LP / Genesis Energy Finance Corp. |  |  |
| 6.50%, 10/1/25 | 98000.0 | 94495 |
| 8.00%, 1/15/27 | 166000.0 | 158615 |
| Hess Midstream Operations LP, 144A, 5.625%, 2/15/26 | 147000.0 | 144699 |
| New Fortress Energy, Inc. |  |  |
| 144A, 6.75%, 9/15/25 | 212000.0 | 207406 |
| 144A, 6.50%, 9/30/26 | 254000.0 | 245821 |
| NGL Energy Operating LLC / NGL Energy Finance Corp., 144A, 7.50%, 2/1/26 | 347000.0 | 313734 |
| NGL Energy Partners LP / NGL Energy Finance Corp., 7.50%, 11/1/23 | 85000.0 | 81714 |
| NuStar Logistics LP |  |  |
| 5.75%, 10/1/25 | 110000.0 | 107102 |
| 6.00%, 6/1/26 | 97000.0 | 94168 |
| 5.625%, 4/28/27 | 107000.0 | 100748 |
| Rockies Express Pipeline LLC, 144A, 3.60%, 5/15/25 | 54000.0 | 50580 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp. |  |  |
| 144A, 7.50%, 10/1/25 | 113000.0 | 114553 |
| 144A, 6.00%, 3/1/27 | 79000.0 | 75232 |
| Western Midstream Operating LP |  |  |
| 3.35%, 2/1/25 | 200000.0 | 191960 |
| 4.65%, 7/1/26 | 83000.0 | 80867 |
| (Cost $3,369,195) |  | 3206213 |
| **Financial - 11.5%** |  |  |
| **Banks - 1.5%** |  |  |
| Commerzbank AG, 144A, 8.125%, 9/19/23 | 264000.0 | 266668 |
| Freedom Mortgage Corp. |  |  |
| 144A, 8.125%, 11/15/24 | 77000.0 | 70913 |
| 144A, 8.25%, 4/15/25 | 61000.0 | 54488 |
| 144A, 7.625%, 5/1/26 | 90000.0 | 76530 |
| 144A, 6.625%, 1/15/27 | 125000.0 | 99768 |
| Intesa Sanpaolo SpA |  |  |
| 144A, 5.017%, 6/26/24 | 322000.0 | 310193 |
| 144A, 5.71%, 1/15/26 | 254000.0 | 245242 |
| (Cost $1,227,742) |  | 1123802 |
| **Diversified Financial Services - 3.4%** |  |  |
| Ally Financial, Inc., 5.75%, 11/20/25 | 180000.0 | 177473 |
| LD Holdings Group LLC, 144A, 6.50%, 11/1/25 | 95000.0 | 61941 |
| Nationstar Mortgage Holdings, Inc., 144A, 6.00%, 1/15/27 | 102000.0 | 92861 |
| Navient Corp. |  |  |
| 5.50%, 1/25/23 | 41000.0 | 40932 |
| MTN, 6.125%, 3/25/24 | 130000.0 | 129645 |
| 5.875%, 10/25/24 | 91000.0 | 88521 |
| 6.75%, 6/25/25 | 92000.0 | 88544 |
| 6.75%, 6/15/26 | 97000.0 | 92557 |
| 5.00%, 3/15/27 | 136000.0 | 117617 |
| OneMain Finance Corp. |  |  |
| 5.625%, 3/15/23 | 117000.0 | 116846 |
| 6.125%, 3/15/24 | 210000.0 | 205076 |

---

------

---

| | | |
|:---|:---|:---|
| 6.875%, 3/15/25 | 235000.0 | 228538 |
| 7.125%, 3/15/26 | 258000.0 | 250260 |
| 3.50%, 1/15/27 | 150000.0 | 123028 |
| PennyMac Financial Services, Inc., 144A, 5.375%, 10/15/25 | 110000.0 | 100414 |
| Rocket Mortgage LLC / Rocket Mortgage Co.-Issuer, Inc., 144A, 2.875%, 10/15/26 | 195000.0 | 166513 |
| SLM Corp. |  |  |
| 4.20%, 10/29/25 | 84000.0 | 76956 |
| 3.125%, 11/2/26 | 85000.0 | 73190 |
| United Wholesale Mortgage LLC |  |  |
| 144A, 5.50%, 11/15/25 | 147000.0 | 136426 |
| 144A, 5.75%, 6/15/27 | 85000.0 | 75791 |
| VistaJet Malta Finance PLC / XO Management Holding, Inc., 144A, 7.875%, 5/1/27 | 85000.0 | 77129 |
| (Cost $2,782,046) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2520258 |
| **Insurance - 1.2%** |  |  |
| Acrisure LLC / Acrisure Finance, Inc. |  |  |
| 144A, 7.00%, 11/15/25 | 209000.0 | 195478 |
| 144A, 10.125%, 8/1/26 | 50000.0 | 48827 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer, 144A, 6.75%, 10/15/27 | 300000.0 | 276750 |
| AssuredPartners, Inc., 144A, 7.00%, 8/15/25 | 97000.0 | 93230 |
| HUB International Ltd., 144A, 7.00%, 5/1/26 | 283000.0 | 279992 |
| (Cost $922,182) |  | 894277 |
| **Real Estate - 0.1%** |  |  |
| WeWork Cos., Inc., 144A, 7.875%, 5/1/25 |  |  |
| (Cost $114,861) | 120000.0 | 61402 |
| **Real Estate Investment Trusts - 4.4%** |  |  |
| Blackstone Mortgage Trust, Inc., 144A, 3.75%, 1/15/27 | 78000.0 | 68098 |
| Brookfield Property REIT, Inc. / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL |  |  |
| 144A, 5.75%, 5/15/26(a) | 174000.0 | 167600 |
| 144A, 4.50%, 4/1/27 | 136000.0 | 119313 |
| Diversified Healthcare Trust, 9.75%, 6/15/25 | 85000.0 | 82025 |
| HAT Holdings I LLC / HAT Holdings II LLC, 144A, 3.375%, 6/15/26 | 225000.0 | 193861 |
| Iron Mountain, Inc., 144A, 4.875%, 9/15/27 | 169000.0 | 159122 |
| iStar, Inc. |  |  |
| 4.75%, 10/1/24 | 21000.0 | 20679 |
| 4.25%, 8/1/25(a) | 107000.0 | 104515 |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp., 144A, 4.25%, 2/1/27 | 110000.0 | 95975 |
| MPT Operating Partnership LP / MPT Finance Corp. |  |  |
| 5.25%, 8/1/26(a) | 50000.0 | 44808 |
| 5.00%, 10/15/27(a) | 260000.0 | 222306 |
| Office Properties Income Trust, 4.50%, 2/1/25 | 100000.0 | 88573 |
| Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer, 144A, 7.50%, 6/1/25 | 100000.0 | 100890 |
| RHP Hotel Properties LP / RHP Finance Corp., 4.75%, 10/15/27 | 100000.0 | 91470 |
| RLJ Lodging Trust LP, 144A, 3.75%, 7/1/26 | 92000.0 | 83706 |
| SBA Communications Corp., 3.875%, 2/15/27 | 250000.0 | 228677 |
| Service Properties Trust |  |  |
| 4.35%, 10/1/24 | 328000.0 | 304705 |
| 7.50%, 9/15/25 | 147000.0 | 143619 |
| 4.75%, 10/1/26 | 100000.0 | 82628 |
| Starwood Property Trust, Inc. |  |  |
| 144A, 3.75%, 12/31/24 | 73000.0 | 69063 |
| 4.75%, 3/15/25 | 70000.0 | 67145 |
| 144A, 3.625%, 7/15/26 | 73000.0 | 65251 |
| 144A, 4.375%, 1/15/27 | 85000.0 | 75981 |
| Uniti Group LP / Uniti Fiber Holdings, Inc. / CSL Capital LLC, 144A, 7.875%, 2/15/25 | 428000.0 | 430504 |
| XHR LP, 144A, 6.375%, 8/15/25 | 92000.0 | 89649 |
| (Cost $3,394,123) |  | 3200163 |
| **Venture Capital - 0.9%** |  |  |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp. |  |  |
| 6.375%, 12/15/25 | 195000.0 | 191647 |
| 6.25%, 5/15/26 | 235000.0 | 230370 |
| 5.25%, 5/15/27 | 250000.0 | 230450 |
| (Cost $684,486) |  | 652467 |
| **Industrial - 11.0%** |  |  |
| **Aerospace/Defense - 4.8%** |  |  |
| Bombardier, Inc. |  |  |
| 144A, 7.50%, 3/15/25 | 219000.0 | 219660 |
| 144A, 7.125%, 6/15/26 | 203000.0 | 198687 |
| 144A, 7.875%, 4/15/27 | 362000.0 | 354232 |
| Howmet Aerospace, Inc. |  |  |
| 5.125%, 10/1/24 | 248000.0 | 246066 |
| 6.875%, 5/1/25 | 129000.0 | 131949 |

---

------

---

| | | |
|:---|:---|:---|
| Rolls-Royce PLC |  |  |
| 144A, 3.625%, 10/14/25 | 186000.0 | 170255 |
| 144A, 5.75%, 10/15/27 | 130000.0 | 123864 |
| Spirit AeroSystems, Inc., 144A, 7.50%, 4/15/25 | 145000.0 | 143672 |
| TransDigm, Inc. |  |  |
| 144A, 8.00%, 12/15/25 | 186000.0 | 189999 |
| 144A, 6.25%, 3/15/26 | 830000.0 | 818668 |
| 6.375%, 6/15/26 | 161000.0 | 157780 |
| 7.50%, 3/15/27 | 93000.0 | 92895 |
| 5.50%, 11/15/27 | 420000.0 | 393412 |
| Triumph Group, Inc. |  |  |
| 144A, 8.875%, 6/1/24 | 134000.0 | 137235 |
| 144A, 6.25%, 9/15/24 | 71000.0 | 67541 |
| 7.75%, 8/15/25 | 108000.0 | 92754 |
| (Cost $3,618,795) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3538669 |
| **Building Materials - 0.2%** |  |  |
| JELD-WEN, Inc., 144A, 4.625%, 12/15/25 | 68000.0 | 57740 |
| Standard Industries, Inc., 144A, 5.00%, 2/15/27 | 100000.0 | 92242 |
| (Cost $166,538) |  | 149982 |
| **Electrical Components & Equipment - 0.4%** |  |  |
| WESCO Distribution, Inc., 144A, 7.125%, 6/15/25 |  |  |
| (Cost $278,852) | 264000.0 | 267634 |
| **Electronics - 0.3%** |  |  |
| Sensata Technologies BV |  |  |
| 144A, 5.625%, 11/1/24 | 66000.0 | 65929 |
| 144A, 5.00%, 10/1/25 | 118000.0 | 116341 |
| (Cost $193,948) |  | 182270 |
| **Engineering & Construction - 0.3%** |  |  |
| Brand Industrial Services, Inc., 144A, 8.50%, 7/15/25 | 179000.0 | 142195 |
| Promontoria Holding 264 BV, 144A, 7.875%, 3/1/27 | 50000.0 | 47389 |
| (Cost $221,402) |  | 189584 |
| **Environmental Control - 0.6%** |  |  |
| GFL Environmental, Inc. |  |  |
| 144A, 4.25%, 6/1/25 | 261000.0 | 249941 |
| 144A, 3.75%, 8/1/25 | 130000.0 | 121871 |
| Stericycle, Inc., 144A, 5.375%, 7/15/24 | 87000.0 | 86087 |
| (Cost $484,348) |  | 457899 |
| **Machinery-Diversified - 0.3%** |  |  |
| TK Elevator US Newco, Inc., 144A, 5.25%, 7/15/27 |  |  |
| (Cost $255,657) | 265000.0 | 239553 |
| **Miscellaneous Manufacturing - 0.4%** |  |  |
| FXI Holdings, Inc. |  |  |
| 144A, 7.875%, 11/1/24 | 106000.0 | 88224 |
| 144A, 12.25%, 11/15/26 | 141000.0 | 115620 |
| Hillenbrand, Inc., 5.75%, 6/15/25 | 94000.0 | 93691 |
| (Cost $346,051) |  | 297535 |
| **Packaging & Containers - 3.5%** |  |  |
| Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc. |  |  |
| 144A, 5.25%, 4/30/25 | 195000.0 | 188531 |
| 144A, 4.125%, 8/15/26 | 253000.0 | 223017 |
| 144A, 5.25%, 8/15/27 | 169000.0 | 128127 |
| 144A, 5.25%, 8/15/27 | 147000.0 | 111448 |
| Ball Corp. |  |  |
| 4.00%, 11/15/23 | 185000.0 | 181337 |
| 5.25%, 7/1/25 | 184000.0 | 183632 |
| 4.875%, 3/15/26 | 139000.0 | 134683 |
| LABL, Inc. |  |  |
| 144A, 6.75%, 7/15/26 | 118000.0 | 113230 |
| 144A, 10.50%, 7/15/27 | 127000.0 | 117016 |
| Mauser Packaging Solutions Holding Co. |  |  |
| 144A, 5.50%, 4/15/24 | 357000.0 | 351225 |
| 144A, 7.25%, 4/15/25 | 218000.0 | 198705 |
| Owens-Brockway Glass Container, Inc., 144A, 6.625%, 5/13/27 | 100000.0 | 96346 |
| Pactiv Evergreen Group Issuer, Inc. /Pactiv Evergreen Group Issuer LLC, 144A, 4.00%, 10/15/27 | 150000.0 | 131395 |
| Sealed Air Corp. |  |  |
| 144A, 5.125%, 12/1/24 | 50000.0 | 49903 |
| 144A, 5.50%, 9/15/25 | 100000.0 | 99359 |
| Trivium Packaging Finance BV |  |  |
| 144A, 5.50%, 8/15/26 | 178000.0 | 166675 |
| 144A, 8.50%, 8/15/27 | 118000.0 | 110623 |
| (Cost $2,721,398) |  | 2585252 |
| **Trucking & Leasing - 0.2%** |  |  |
| Fortress Transportation and Infrastructure Investors LLC |  |  |
| 144A, 6.50%, 10/1/25 | 141000.0 | 135603 |
| 144A, 9.75%, 8/1/27 | 42000.0 | 42442 |
| (Cost $185,397) |  | 178045 |
| **Technology - 3.2%** |  |  |
| **Computers - 1.6%** |  |  |
| Diebold Nixdorf, Inc. |  |  |
| 8.50%, 4/15/24 | 73000.0 | 39789 |
| 144A, 9.375%, 7/15/25 | 125000.0 | 88441 |
| Exela Intermediate LLC / Exela Finance, Inc., 144A, 11.50%, 7/15/26 | 214000.0 | 33170 |
| NCR Corp., 144A, 5.75%, 9/1/27 | 100000.0 | 97128 |
| Presidio Holdings, Inc., 144A, 4.875%, 2/1/27 | 100000.0 | 93480 |

---

------

---

| | | |
|:---|:---|:---|
| Seagate HDD Cayman |  |  |
| 4.75%, 6/1/23 | 110000 | 108829 |
| 4.875%, 3/1/24 | 97000 | 95167 |
| 4.75%, 1/1/25 | 81000 | 78657 |
| 4.875%, 6/1/27(a) | 86000 | 80468 |
| Vericast Corp., 144A, 11.00%, 9/15/26 | 210000 | 217613 |
| Western Digital Corp., 4.75%, 2/15/26 | 250000 | 236945 |
| (Cost $1,369,831) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1169687 |
| **Office/Business Equipment - 0.4%** |  |  |
| Pitney Bowes, Inc., 144A, 6.875%, 3/15/27 | 80000 | 63048 |
| Xerox Corp., 4.625%, 3/15/23 | 86000 | 85334 |
| Xerox Holdings Corp., 144A, 5.00%, 8/15/25 | 138000 | 128547 |
| (Cost $298,585) |  | 276929 |
| **Semiconductors - 0.1%** |  |  |
| ams-OSRAM AG, 144A, 7.00%, 7/31/25 |  |  |
| (Cost $79,771) | 76000 | 69976 |
| **Software - 1.1%** |  |  |
| Boxer Parent Co., Inc., 144A, 7.125%, 10/2/25 | 102000 | 99195 |
| Fair Isaac Corp., 144A, 5.25%, 5/15/26 | 80000 | 79423 |
| PTC, Inc., 144A, 3.625%, 2/15/25 | 92000 | 87185 |
| SS&C Technologies, Inc., 144A, 5.50%, 9/30/27 | 338000 | 320534 |
| Veritas US, Inc. / Veritas Bermuda Ltd., 144A, 7.50%, 9/1/25 | 296000 | 212212 |
| (Cost $898,289) |  | 798549 |
| **Utilities - 2.6%** |  |  |
| **Electric - 2.0%** |  |  |
| Calpine Corp., 144A, 5.25%, 6/1/26 | 71000 | 68097 |
| DPL, Inc., 4.125%, 7/1/25 | 80000 | 75456 |
| FirstEnergy Corp., Series B, 4.40%, 7/15/27 | 350000 | 330484 |
| NextEra Energy Operating Partners LP |  |  |
| 144A, 4.25%, 7/15/24 | 350000 | 337780 |
| 144A, 4.50%, 9/15/27 | 57000 | 53711 |
| Vistra Operations Co. LLC |  |  |
| 144A, 5.50%, 9/1/26 | 230000 | 223629 |
| 144A, 5.625%, 2/15/27 | 200000 | 193556 |
| 144A, 5.00%, 7/31/27 | 180000 | 169175 |
| (Cost $1,515,180) |  | 1451888 |
| **Gas - 0.6%** |  |  |
| AmeriGas Partners LP / AmeriGas Finance Corp. |  |  |
| 5.625%, 5/20/24 | 121000 | 119494 |
| 5.50%, 5/20/25 | 107000 | 103929 |
| 5.875%, 8/20/26 | 124000 | 118274 |
| 5.75%, 5/20/27 | 96000 | 91733 |
| (Cost $468,058) |  | 433430 |
| **TOTAL CORPORATE BONDS**<br> (Cost $76,911,546) |  | 71696592 |
|  | **Number of<br>Shares** | **Value** |
| **SECURITIES LENDING COLLATERAL - 2.2%** |  |  |
| DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) |  |  |
| (Cost $1,601,375) | 1601375 | 1601375 |
| **CASH EQUIVALENTS - 1.2%** |  |  |
| DWS Government Money Market Series "Institutional Shares", 3.74%(b) |  |  |
| (Cost $873,417) | 873417 | 873417 |
| TOTAL INVESTMENTS - 101.3%<br>(Cost $79,386,338) |  | $74171384 |
| Other assets and liabilities, net - (1.3%) |  | (947758) |
| NET ASSETS - 100.0% |  | $73223626 |

---

------

For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

A summary of the Fund's transactions with affiliated investments during the period ended November 30, 2022 is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Value ($) at <br>8/31/2022** | **Purchases Cost<br>($)** | **Sales**<br> **Proceeds**<br> **($)** | **Net Realized<br>Gain/(Loss)**<br> **($)** | **Net Change in<br>Unrealized<br>Appreciation<br>(Depreciation)<br>($)** | **Income<br>($)** | **Capital Gain<br>Distributions<br>($)** | **Number of<br>Shares at<br>11/30/2022** | **Value ($) at<br>11/30/2022** |
|  SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% | SECURITIES LENDING COLLATERAL **—** 2.2% |
|  DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 3.69%(b)(c) |
| 821382 | 779993 (d) |  |  |  | 8366 |  | 1601375 | 1601375 |
|  CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% | CASH EQUIVALENTS **—** 1.2% |
|  DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) | DWS Government Money Market Series "Institutional Shares", 3.74%(b) |
| 589978 | 3993711 | (3710272) |  |  | 4140 |  | 873417 | 873417 |
| 1411360 | 4773704 | (3710272) |  |  | 12506 |  | 2474792 | 2474792 |

---

(a) All or a portion of these securities were on loan. In addition, "Other assets and liabilities, net"
may include pending sales that are also on loan. The value of securities loaned at November 30, 2022 amounted to $1,758,277, which is 2.4% of net assets.

(b) Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day
yield at period end.

(c) Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of
borrower rebates. In addition, the Fund held non-cash U.S. Treasury securities collateral having a value of $215,370.

(d) Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash
collateral for the period ended November 30, 2022.

GMTN: Global Medium Term Note

MTN: Medium Term Note

REIT: Real Estate Investment Trust

REGS: Securities sold under Regulation S may not be offered, sold or delivered within the United States or to, or for the account or benefit of, U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.

144A: Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

------

**Fair Value Measurements** 

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.

The following is a summary of the inputs used as of November 30, 2022 in valuing the Fund's investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Assets** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Corporate Bonds(a) | $— | $71696592 | $– $| 71696592 |
| Short-Term Investments(a) | 2474792 |  | – | 2474792 |
| TOTAL | $2474792 | $71696592 | $– $| 74171384 |

---

(a) See Schedule of Investments for additional detailed categorizations.

**OBTAIN A FUND PROSPECTUS** 

**To obtain a summary prospectus, or prospectus, download one from www.Xtrackers.com, talk to your financial representative or call (855) 329-3837. Investing involves risk, including the possible loss of principal. We advise you to carefully consider the product's objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this and other important information about the investment product. Please read the prospectus carefully before you invest. Xtrackers ETFs ("ETFs") are managed by DBX Advisors LLC (the "Adviser"), and distributed by ALPS Distributors, Inc. ("ALPS"). The Adviser is a subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS. Shares are not individually redeemable, and owners of Shares may acquire those Shares from the Fund, or tender such Shares for redemption to the Fund, in Creation Units only.** 

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas Inc. and RREEF America L.L.C. which offer advisory services.

NO BANK GUARANTEE \| NOT FDIC INSURED \| MAY LOSE VALUE

SHYL-PH1

R-089711-1 (5/24) DBX005195 (5/24)

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** DBX ETF Trust

- **b. Investment Company Act file number:** 811-22487

- **c. CIK number of Registrant:** 0001503123

- **d. LEI of Registrant:** DNLQXYGHEZ10Q9SIK386

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

  - **Street Address 1:** 875 Third Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

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

- **a. Name of Series:** Xtrackers Short Duration High Yield Bond ETF

- **b. EDGAR series identifier (if any):** S000058422

- **c. LEI of Series:** 549300FZVUOKVMJSQO85

**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:** $76359771.41

**Total Liabilities:** $3135997.60

**Net Assets:** $73223773.81

**Cash Not Reported:** $26.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 27.53480000 | **1-Year:** 825.11231000 | **5-Year:** 856.82485000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 79.10082000 | **1-Year:** 8697.98898000 | **5-Year:** 7563.43734000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000191727 | -2.43%               | 2.83%                | 1.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-876279.55              | $-1366838.29                               |
| Month 2  | $-330778.06              | $2043431.79                                |
| Month 3  | $-774241.93              | $1304524.84                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CLEAR CHANNEL OUTDOOR HO                                                              | Clear Channel Outdoor Holdings Inc                                                    | CUSIP: 18453HAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    212000 | PA      | $183000.22    | 0.25%             | 2027-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                                   | Delta Air Lines Inc                                                                   | CUSIP: 247361ZU5<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    245000 | PA      | $232604.23    | 0.32%             | 2024-10-28      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                                                                 | eG Global Finance PLC                                                                 | CUSIP: 28228PAB7<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |     90000 | PA      | $86044.06     | 0.12%             | 2025-10-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                                | Acrisure LLC / Acrisure Finance Inc                                                   | CUSIP: 00489LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $48826.83     | 0.07%             | 2026-08-01      | Fixed         | 10.12%                | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                                                        | Hertz Corp/The                                                                        | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |     85000 | PA      | $73797.79     | 0.10%             | 2026-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITD                                                              | Perrigo Finance Unlimited Co                                                          | CUSIP: 714295AC6<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    120000 | PA      | $114198.00    | 0.16%             | 2024-12-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                                | Lumen Technologies Inc                                                                | CUSIP: 156700BC9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    220000 | PA      | $187830.50    | 0.26%             | 2027-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                              | Occidental Petroleum Corp                                                             | CUSIP: 674599DC6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    114000 | PA      | $114151.62    | 0.16%             | 2026-03-15      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                     | Iliad Holding SASU                                                                    | CUSIP: 449691AA2<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    203000 | PA      | $193298.97    | 0.26%             | 2026-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MALLINCKRODT FIN/SB                                                                   | Mallinckrodt International Finance SA / Mallinckrodt CB LLC                           | CUSIP: 561233AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     88000 | PA      | $76251.56     | 0.10%             | 2025-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                                                  | Range Resources Corp                                                                  | CUSIP: 75281ABA6<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |     97000 | PA      | $96622.67     | 0.13%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                              | EQM Midstream Partners LP                                                             | CUSIP: 26885BAB6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     92000 | PA      | $84667.60     | 0.12%             | 2026-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LCPR SR SECURED FIN DAC                                                               | LCPR Senior Secured Financing DAC                                                     | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    234000 | PA      | $221668.20    | 0.30%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                                                      | Allied Universal Holdco LLC / Allied Universal Finance Corp                           | CUSIP: 019576AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $347403.35    | 0.47%             | 2026-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                                              | United Wholesale Mortgage LLC                                                         | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    147000 | PA      | $136425.56    | 0.19%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                                | AmeriGas Partners LP / AmeriGas Finance Corp                                          | CUSIP: 030981AL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     96000 | PA      | $91733.28     | 0.13%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                               | Royal Caribbean Cruises Ltd                                                           | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    169000 | PA      | $145396.62    | 0.20%             | 2026-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQ / KIK CUSTOM                                                               | Kronos Acquisition Holdings Inc / KIK Custom Products Inc                             | CUSIP: 50106GAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    101000 | PA      | $92245.32     | 0.13%             | 2026-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                           | Vistra Operations Co LLC                                                              | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    180000 | PA      | $169175.03    | 0.23%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                                                                | Mauser Packaging Solutions Holding Co                                                 | CUSIP: 12429TAE4<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    218000 | PA      | $198704.82    | 0.27%             | 2025-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                                                                  | CITGO Petroleum Corp                                                                  | CUSIP: 17302XAK2<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    391000 | PA      | $384943.41    | 0.53%             | 2025-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                               | Starwood Property Trust Inc                                                           | CUSIP: 85571BAW5<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     73000 | PA      | $69062.75     | 0.09%             | 2024-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397A60<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193885.48    | 0.26%             | 2025-06-16      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                        | Bombardier Inc                                                                        | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    362000 | PA      | $354231.48    | 0.48%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                                                        | Brink's Co/The                                                                        | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92112.72     | 0.13%             | 2027-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                       | Gen Digital Inc                                                                       | CUSIP: 871503AU2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    130000 | PA      | $126259.25    | 0.17%             | 2025-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                                  | WR Grace Holdings LLC                                                                 | CUSIP: 92943GAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    136000 | PA      | $121080.80    | 0.17%             | 2027-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| EXELA INTERMED/EXELA FIN                                                              | Exela Intermediate LLC / Exela Finance Inc                                            | CUSIP: 30162RAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    214000 | PA      | $33170.00     | 0.05%             | 2026-07-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                                   | NOVA Chemicals Corp                                                                   | CUSIP: 66977WAR0<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    178000 | PA      | $159991.02    | 0.22%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                                                               | INEOS Quattro Finance 2 Plc                                                           | CUSIP: 45674GAA2<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |     92000 | PA      | $81896.56     | 0.11%             | 2026-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                                                              | iHeartCommunications Inc                                                              | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    230000 | PA      | $217806.88    | 0.30%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                                                    | Leviathan Bond Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    102000 | PA      | $99450.00     | 0.14%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                              | Occidental Petroleum Corp                                                             | CUSIP: 674599EE1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99860.50     | 0.14%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LIFEPT/LEGACY LIFEPT                                                                  | RegionalCare Hospital Partners Holdings Inc / LifePoint Health Inc                    | CUSIP: 53219LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    216000 | PA      | $172347.48    | 0.24%             | 2026-12-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                                                        | Sabre GLBL Inc                                                                        | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    156000 | PA      | $148815.42    | 0.20%             | 2025-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                                    | Seagate HDD Cayman                                                                    | CUSIP: 81180WAH4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    110000 | PA      | $108828.80    | 0.15%             | 2023-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RESOURCES HLD                                                              | Moss Creek Resources Holdings Inc                                                     | CUSIP: 61965RAA3<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |    206000 | PA      | $191947.71    | 0.26%             | 2026-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                                  | Howmet Aerospace Inc                                                                  | CUSIP: 443201AA6<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    129000 | PA      | $131948.68    | 0.18%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                     | Post Holdings Inc                                                                     | CUSIP: 737446AM6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     78000 | PA      | $75440.63     | 0.10%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                                | WESCO Distribution Inc                                                                | CUSIP: 95081QAN4<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    264000 | PA      | $267633.96    | 0.37%             | 2025-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                                                                      | AMC Networks Inc                                                                      | CUSIP: 00164VAD5<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |     68000 | PA      | $65004.59     | 0.09%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                                  | OneMain Finance Corp                                                                  | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    150000 | PA      | $123027.68    | 0.17%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                              | CHS/Community Health Systems Inc                                                      | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    320000 | PA      | $272206.40    | 0.37%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                                                                     | Triumph Group Inc                                                                     | CUSIP: 896818AQ4<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |     71000 | PA      | $67540.88     | 0.09%             | 2024-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IRB HOLDING CORP                                                                      | IRB Holding Corp                                                                      | CUSIP: 44988MAC9<br>LEI: 549300HVW4WNWYBXN830 | Long             | DBT              | CORP              | US        |    161000 | PA      | $162106.07    | 0.22%             | 2025-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC                                                                       | Hanesbrands Inc                                                                       | CUSIP: 410345AL6<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    152000 | PA      | $138541.16    | 0.19%             | 2026-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    180000 | PA      | $170847.00    | 0.23%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                          | Navient Corp                                                                          | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     97000 | PA      | $92556.43     | 0.13%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COTY INC                                                                              | Coty Inc                                                                              | CUSIP: 222070AB0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |     93000 | PA      | $88943.81     | 0.12%             | 2026-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| LADDER CAP FIN LLLP/CORP                                                              | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                    | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $95975.00     | 0.13%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                              | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                                | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    253000 | PA      | $223016.97    | 0.30%             | 2026-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                                                              | RHP Hotel Properties LP / RHP Finance Corp                                            | CUSIP: 749571AF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $91469.75     | 0.12%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                                             | IQVIA Inc                                                                             | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    217000 | PA      | $207494.32    | 0.28%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                                                              | Hess Midstream Operations LP                                                          | CUSIP: 428102AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    147000 | PA      | $144699.45    | 0.20%             | 2026-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                              | Occidental Petroleum Corp                                                             | CUSIP: 674599EB7<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    264000 | PA      | $266719.20    | 0.36%             | 2025-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                                              | Clarios Global LP / Clarios US Finance Co                                             | CUSIP: 69867DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    265000 | PA      | $262603.08    | 0.36%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                              | Service Properties Trust                                                              | CUSIP: 81761LAA0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    147000 | PA      | $143619.00    | 0.20%             | 2025-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                               | Royal Caribbean Cruises Ltd                                                           | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    212000 | PA      | $215953.80    | 0.29%             | 2027-08-15      | Fixed         | 11.62%                | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC/CORP                                                               | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                      | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    179000 | PA      | $164240.56    | 0.22%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| CLEVELAND-CLIFFS INC                                                                  | Cleveland-Cliffs Inc                                                                  | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    100000 | PA      | $94791.50     | 0.13%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| TRIVIUM PACKAGING FIN                                                                 | Trivium Packaging Finance BV                                                          | CUSIP: 89686QAA4<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    178000 | PA      | $166675.16    | 0.23%             | 2026-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WEWORK COS INC                                                                        | WeWork Cos Inc                                                                        | CUSIP: 96208LAA9<br>LEI: 549300D8U9TF7WBED521 | Long             | DBT              | CORP              | US        |    120000 | PA      | $61401.60     | 0.08%             | 2025-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                      | CSC Holdings LLC                                                                      | CUSIP: 126307AH0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    127000 | PA      | $122078.94    | 0.17%             | 2024-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                                | AmeriGas Partners LP / AmeriGas Finance Corp                                          | CUSIP: 030981AH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    121000 | PA      | $119494.16    | 0.16%             | 2024-05-20      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC/CORP                                                               | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                      | CUSIP: 983130AV7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    314000 | PA      | $302518.59    | 0.41%             | 2025-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                                   | Intesa Sanpaolo SpA                                                                   | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    254000 | PA      | $245241.97    | 0.33%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                                                              | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL      | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    136000 | PA      | $119312.97    | 0.16%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                                                                 | Directv Financing LLC / Directv Financing Co-Obligor Inc                              | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    626000 | PA      | $571453.49    | 0.78%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                              | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                                | CUSIP: 03969AAQ3<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    195000 | PA      | $188530.88    | 0.26%             | 2025-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                          | US Foods Inc                                                                          | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    269000 | PA      | $269342.98    | 0.37%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397WW9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    122000 | PA      | $117276.77    | 0.16%             | 2024-09-08      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                                                           | Staples Inc                                                                           | CUSIP: 855030AN2<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    376000 | PA      | $334752.80    | 0.46%             | 2026-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS LLC/CORP                                                               | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                      | CUSIP: 983130AU9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    323000 | PA      | $320264.19    | 0.44%             | 2023-05-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                                                    | CommScope Technologies LLC                                                            | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    215000 | PA      | $197820.35    | 0.27%             | 2025-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                              | Fortress Transportation and Infrastructure Investors LLC                              | CUSIP: 34960PAC5<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     42000 | PA      | $42441.63     | 0.06%             | 2027-08-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                                                               | Six Flags Entertainment Corp                                                          | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |     56000 | PA      | $50657.32     | 0.07%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| FMG RESOURCES AUG 2006                                                                | FMG Resources August 2006 Pty Ltd                                                     | CUSIP: 30251GAW7<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    127000 | PA      | $126127.51    | 0.17%             | 2024-05-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PARTY CITY HOLDINGS INC                                                               | Party City Holdings Inc                                                               | CUSIP: 702150AG8<br>LEI: 5493005PYM1JS6EZN307 | Long             | DBT              | CORP              | US        |    130000 | PA      | $48998.30     | 0.07%             | 2026-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                                | CCO Holdings LLC / CCO Holdings Capital Corp                                          | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    619000 | PA      | $582698.75    | 0.80%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                                                                      | Allied Universal Holdco LLC / Allied Universal Finance Corp                           | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    178000 | PA      | $160952.05    | 0.22%             | 2027-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PHOTO HOLDINGS MERGER SU                                                              | Photo Holdings Merger Sub Inc                                                         | CUSIP: 719245AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $92851.83     | 0.13%             | 2026-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                                             | Ball Corp                                                                             | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    139000 | PA      | $134682.66    | 0.18%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PACTIV EVERGREEN GROUP                                                                | Pactiv Evergreen Group Issuer Inc/Pactiv Evergreen Group Issuer LLC                   | CUSIP: 76174LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $131394.75    | 0.18%             | 2027-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION                                                                     | Xerox Corp                                                                            | CUSIP: 984121CQ4<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     86000 | PA      | $85334.22     | 0.12%             | 2023-03-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                                                              | United Wholesale Mortgage LLC                                                         | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |     85000 | PA      | $75791.10     | 0.10%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                                   | Travel + Leisure Co                                                                   | CUSIP: 98310WAL2<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     73000 | PA      | $72361.73     | 0.10%             | 2023-03-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                                                               | SBA Communications Corp                                                               | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    250000 | PA      | $228676.60    | 0.31%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT                                                               | Six Flags Entertainment Corp                                                          | CUSIP: 83001AAB8<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |    315000 | PA      | $303160.53    | 0.41%             | 2024-07-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                                                 | Freedom Mortgage Corp                                                                 | CUSIP: 35640YAF4<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     90000 | PA      | $76530.60     | 0.10%             | 2026-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                                                             | iStar Inc                                                                             | CUSIP: 45031UCG4<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              | CORP              | US        |    107000 | PA      | $104514.72    | 0.14%             | 2025-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                                                                 | Icahn Enterprises LP / Icahn Enterprises Finance Corp                                 | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $230370.50    | 0.31%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                                                                    | CommScope Technologies LLC                                                            | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    138000 | PA      | $105801.15    | 0.14%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SS&C TECHNOLOGIES INC                                                                 | SS&C Technologies Inc                                                                 | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    338000 | PA      | $320533.88    | 0.44%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                              | EQM Midstream Partners LP                                                             | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     85000 | PA      | $84952.92     | 0.12%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                              | EQM Midstream Partners LP                                                             | CUSIP: 26885BAH3<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    152000 | PA      | $147652.80    | 0.20%             | 2027-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                                                               | Frontier Communications Holdings LLC                                                  | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $189000.00    | 0.26%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                                                                | Nationstar Mortgage Holdings Inc                                                      | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $92861.31     | 0.13%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                     | Newell Brands Inc                                                                     | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    110000 | PA      | $108350.00    | 0.15%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/XO MGMT                                                                | VistaJet Malta Finance PLC / XO Management Holding Inc                                | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |     85000 | PA      | $77129.43     | 0.11%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                                               | International Game Technology PLC                                                     | CUSIP: 460599AC7<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    118000 | PA      | $118741.93    | 0.16%             | 2025-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $175940.00    | 0.24%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| SIGMA HOLDCO BV                                                                       | Sigma Holdco BV                                                                       | CUSIP: 82660CAA0<br>LEI: 254900RAPCKVT00GAO59 | Long             | DBT              | CORP              | NL        |     75000 | PA      | $54484.88     | 0.07%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                         | Carnival Corp                                                                         | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    720000 | PA      | $543147.37    | 0.74%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                               | QVC Inc                                                                               | CUSIP: 747262AS2<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    116000 | PA      | $110579.32    | 0.15%             | 2024-04-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                                | Spirit AeroSystems Inc                                                                | CUSIP: 85205TAL4<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    145000 | PA      | $143671.80    | 0.20%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                         | DISH DBS Corp                                                                         | CUSIP: 25470XAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    358000 | PA      | $336552.22    | 0.46%             | 2024-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                                 | Bausch Health Cos Inc                                                                 | CUSIP: 071734AP2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    195000 | PA      | $129577.50    | 0.18%             | 2027-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                            | Sprint LLC                                                                            | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    265000 | PA      | $279032.70    | 0.38%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                                 | Mineral Resources Ltd                                                                 | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $151857.35    | 0.21%             | 2027-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                                  | Western Digital Corp                                                                  | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    250000 | PA      | $236945.00    | 0.32%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TAYLOR MORRISON COMM                                                                  | Taylor Morrison Communities Inc                                                       | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    100000 | PA      | $95843.75     | 0.13%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                        | Transocean Inc                                                                        | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    100000 | PA      | $81892.00     | 0.11%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                              | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp                    | CUSIP: 226373AP3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $48838.54     | 0.07%             | 2025-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                               | Starwood Property Trust Inc                                                           | CUSIP: 85571BAL9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     70000 | PA      | $67144.93     | 0.09%             | 2025-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HILLENBRAND INC                                                                       | Hillenbrand Inc                                                                       | CUSIP: 431571AD0<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |     94000 | PA      | $93691.21     | 0.13%             | 2025-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                                    | Viking Cruises Ltd                                                                    | CUSIP: 92676XAE7<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    152000 | PA      | $161671.52    | 0.22%             | 2025-05-15      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                                 | Tenet Healthcare Corp                                                                 | CUSIP: 88033GCS7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88160.44     | 0.12%             | 2024-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                                                                   | Diebold Nixdorf Inc                                                                   | CUSIP: 253657AA8<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    125000 | PA      | $88440.96     | 0.12%             | 2025-07-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                                                         | Life Time Inc                                                                         | CUSIP: 53190FAC9<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |     80000 | PA      | $72013.56     | 0.10%             | 2026-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                                 | Bausch Health Cos Inc                                                                 | CUSIP: 91911KAP7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    160000 | PA      | $115501.60    | 0.16%             | 2025-12-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| DWS GOVERNMENT & AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES | DWS GOVERNMENT & AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1601375 | NS      | $1601375.28   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                                 | Caesars Entertainment Inc                                                             | CUSIP: 28470RAH5<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    637000 | PA      | $630109.00    | 0.86%             | 2025-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HANESBRANDS INC                                                                       | Hanesbrands Inc                                                                       | CUSIP: 410345AJ1<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    137000 | PA      | $132878.36    | 0.18%             | 2024-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41615.60     | 0.06%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                                                                | Bausch Health Americas Inc                                                            | CUSIP: 91911XAV6<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    120000 | PA      | $78042.42     | 0.11%             | 2026-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES INC                                                                   | United Airlines Inc                                                                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    370000 | PA      | $342635.32    | 0.47%             | 2026-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                                                                  | Range Resources Corp                                                                  | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    151000 | PA      | $146515.30    | 0.20%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                                 | Melco Resorts Finance Ltd                                                             | CUSIP: 58547DAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     85000 | PA      | $72270.26     | 0.10%             | 2026-04-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                                                         | CommScope Inc                                                                         | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    169000 | PA      | $145340.00    | 0.20%             | 2027-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                                                         | ZF North America Capital Inc                                                          | CUSIP: 98877DAC9<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    182000 | PA      | $174487.04    | 0.24%             | 2025-04-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                              | Vistra Operations Co LLC                                                              | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193555.99    | 0.26%             | 2027-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                                  | Las Vegas Sands Corp                                                                  | CUSIP: 517834AG2<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    328000 | PA      | $313436.55    | 0.43%             | 2024-08-08      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                                                              | Hughes Satellite Systems Corp                                                         | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $119492.19    | 0.16%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                                                               | Penske Automotive Group Inc                                                           | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    150000 | PA      | $140621.97    | 0.19%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                                 | Melco Resorts Finance Ltd                                                             | CUSIP: 58547DAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    184000 | PA      | $162972.48    | 0.22%             | 2025-06-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| SENSATA TECHNOLOGIES BV                                                               | Sensata Technologies BV                                                               | CUSIP: 81725WAJ2<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    118000 | PA      | $116341.51    | 0.16%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                        | Bombardier Inc                                                                        | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    203000 | PA      | $198687.27    | 0.27%             | 2026-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                                                 | Nabors Industries Ltd                                                                 | CUSIP: 629571AA8<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |     98000 | PA      | $93241.61     | 0.13%             | 2026-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397C27<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    159000 | PA      | $150645.35    | 0.21%             | 2027-05-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PTC INC                                                                               | PTC Inc                                                                               | CUSIP: 69370CAB6<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |     92000 | PA      | $87184.72     | 0.12%             | 2025-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                                | AmeriGas Partners LP / AmeriGas Finance Corp                                          | CUSIP: 030981AK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    107000 | PA      | $103929.10    | 0.14%             | 2025-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCING DAC                                                              | C&W Senior Financing DAC                                                              | CUSIP: 12674TAA4<br>LEI: 5493009O8OIWZPZRY516 | Long             | DBT              | CORP              | IE        |    180000 | PA      | $160650.00    | 0.22%             | 2027-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TEGNA INC                                                                             | TEGNA Inc                                                                             | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    102000 | PA      | $99764.45     | 0.14%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                                    | Ally Financial Inc                                                                    | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    180000 | PA      | $177473.29    | 0.24%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                                                 | Freedom Mortgage Corp                                                                 | CUSIP: 35640YAG2<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    125000 | PA      | $99768.57     | 0.14%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                              | Occidental Petroleum Corp                                                             | CUSIP: 674599DZ5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    114000 | PA      | $124405.35    | 0.17%             | 2027-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| DANA INC                                                                              | Dana Inc                                                                              | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    120000 | PA      | $110093.10    | 0.15%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                                   | NCL Corp Ltd                                                                          | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    185000 | PA      | $164958.95    | 0.23%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                                                                    | PBF Holding Co LLC / PBF Finance Corp                                                 | CUSIP: 69318FAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $128670.57    | 0.18%             | 2025-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                                  | OneMain Finance Corp                                                                  | CUSIP: 85172FAL3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    117000 | PA      | $116846.29    | 0.16%             | 2023-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                                                                   | Xerox Holdings Corp                                                                   | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    138000 | PA      | $128547.00    | 0.18%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                                                         | ModivCare Inc                                                                         | CUSIP: 743815AE2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |     95000 | PA      | $87753.04     | 0.12%             | 2025-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                                | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                 | CUSIP: 013092AD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    137000 | PA      | $136488.99    | 0.19%             | 2023-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                          | Novelis Corp                                                                          | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    127000 | PA      | $113649.98    | 0.16%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                                                                   | Gray Television Inc                                                                   | CUSIP: 389284AA8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    127000 | PA      | $117157.50    | 0.16%             | 2027-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CROWNROCK LP/CROWNROCK F                                                              | CrownRock LP / CrownRock Finance Inc                                                  | CUSIP: 228701AF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    202000 | PA      | $197481.26    | 0.27%             | 2025-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                         | DISH DBS Corp                                                                         | CUSIP: 25470XAL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    189000 | PA      | $187818.75    | 0.26%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                              | Live Nation Entertainment Inc                                                         | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    150000 | PA      | $133644.75    | 0.18%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                                | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                 | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    226000 | PA      | $209065.82    | 0.29%             | 2027-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                       | Gen Digital Inc                                                                       | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    152000 | PA      | $152787.36    | 0.21%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                                                              | Connect Finco SARL / Connect US Finco LLC                                             | CUSIP: 20752TAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    378000 | PA      | $357828.03    | 0.49%             | 2026-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397ZX4<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193314.08    | 0.26%             | 2024-11-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                                                   | Buckeye Partners LP                                                                   | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    110000 | PA      | $97251.00     | 0.13%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                                   | Sirius XM Radio Inc                                                                   | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    270000 | PA      | $244090.80    | 0.33%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD                                                                | Calumet Specialty Products Partners LP / Calumet Finance Corp                         | CUSIP: 131477AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93000 | PA      | $97798.34     | 0.13%             | 2025-04-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                              | Service Properties Trust                                                              | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    100000 | PA      | $82628.00     | 0.11%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                                                                | Blackstone Mortgage Trust Inc                                                         | CUSIP: 09257WAD2<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |     78000 | PA      | $68098.53     | 0.09%             | 2027-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| APX GROUP INC                                                                         | APX Group Inc                                                                         | CUSIP: 00213MAV6<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |    102000 | PA      | $100292.07    | 0.14%             | 2027-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                                              | TK Elevator US Newco Inc                                                              | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |    265000 | PA      | $239553.38    | 0.33%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                                                | XHR LP                                                                                | CUSIP: 98372MAA3<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |     92000 | PA      | $89648.74     | 0.12%             | 2025-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                                                    | Leviathan Bond Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |     85000 | PA      | $85052.36     | 0.12%             | 2023-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                                                   | Churchill Downs Inc                                                                   | CUSIP: 171484AG3<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    102000 | PA      | $97122.80     | 0.13%             | 2027-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                                                              | Service Properties Trust                                                              | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    328000 | PA      | $304705.44    | 0.42%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                                  | Las Vegas Sands Corp                                                                  | CUSIP: 517834AH0<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    100000 | PA      | $91630.84     | 0.13%             | 2025-06-25      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                                                              | iHeartCommunications Inc                                                              | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    280000 | PA      | $248348.80    | 0.34%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                                   | NCL Corp Ltd                                                                          | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    185000 | PA      | $151988.46    | 0.21%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARCONIC CORP                                                                          | Arconic Corp                                                                          | CUSIP: 03966VAB3<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |    129000 | PA      | $127341.66    | 0.17%             | 2025-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                                   | NuStar Logistics LP                                                                   | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    107000 | PA      | $100748.00    | 0.14%             | 2027-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                          | Navient Corp                                                                          | CUSIP: 63938CAH1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     92000 | PA      | $88543.56     | 0.12%             | 2025-06-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FXI HOLDINGS INC                                                                      | FXI Holdings Inc                                                                      | CUSIP: 36120RAA7<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |    106000 | PA      | $88223.80     | 0.12%             | 2024-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                      | CSC Holdings LLC                                                                      | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    222000 | PA      | $203682.78    | 0.28%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PITNEY BOWES INC                                                                      | Pitney Bowes Inc                                                                      | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |     80000 | PA      | $63048.00     | 0.09%             | 2027-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                                 | Uber Technologies Inc                                                                 | CUSIP: 90353TAC4<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    314000 | PA      | $317927.79    | 0.43%             | 2026-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                                                                | Acrisure LLC / Acrisure Finance Inc                                                   | CUSIP: 00489LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    209000 | PA      | $195477.70    | 0.27%             | 2025-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                         | TransDigm Inc                                                                         | CUSIP: 893647BK2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    186000 | PA      | $189999.00    | 0.26%             | 2025-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                          | Navient Corp                                                                          | CUSIP: 78442FET1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129645.10    | 0.18%             | 2024-03-25      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                                                              | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp                    | CUSIP: 226373AQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $103608.65    | 0.14%             | 2027-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                                                     | Herc Holdings Inc                                                                     | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    203000 | PA      | $189612.31    | 0.26%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARAMARK SERVICES INC                                                                  | Aramark Services Inc                                                                  | CUSIP: 038522AR9<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    374000 | PA      | $371727.95    | 0.51%             | 2025-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                                                            | Air Canada                                                                            | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    203000 | PA      | $186001.27    | 0.25%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUT FIN BV                                                                | Teva Pharmaceutical Finance Co BV                                                     | CUSIP: 88165FAG7<br>LEI: 549300Q840R30TDKVK53 | Long             | DBT              | CORP              | CW        |    174000 | PA      | $173769.31    | 0.24%             | 2022-12-18      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                                               | International Game Technology PLC                                                     | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    138000 | PA      | $137316.90    | 0.19%             | 2027-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                            | Sprint LLC                                                                            | CUSIP: 85207UAF2<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    898000 | PA      | $915836.08    | 1.25%             | 2023-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| VEON HOLDINGS BV                                                                      | VEON Holdings BV                                                                      | CUSIP: 92718WAG4<br>LEI: 5493000XDKGUH5NQGE22 | Long             | DBT              | CORP              | NL        |    113000 | PA      | $96386.74     | 0.13%             | 2024-06-16      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                         | TransDigm Inc                                                                         | CUSIP: 893647BB2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    161000 | PA      | $157780.00    | 0.22%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                                              | Prime Security Services Borrower LLC / Prime Finance Inc                              | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $122502.80    | 0.17%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                                                          | ADT Security Corp/The                                                                 | CUSIP: 00101JAH9<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    218000 | PA      | $216078.31    | 0.30%             | 2023-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                                                         | B&G Foods Inc                                                                         | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    110000 | PA      | $88619.30     | 0.12%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                                                              | Perrigo Finance Unlimited Co                                                          | CUSIP: 71429MAB1<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    125000 | PA      | $115782.81    | 0.16%             | 2026-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                                                         | Methanex Corp                                                                         | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $91866.50     | 0.13%             | 2027-10-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                                 | Tenet Healthcare Corp                                                                 | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    449000 | PA      | $426770.01    | 0.58%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                                 | Bausch Health Cos Inc                                                                 | CUSIP: 91911KAN2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    328000 | PA      | $277980.00    | 0.38%             | 2025-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VERSCEND ESCROW CORP                                                                  | Verscend Escrow Corp                                                                  | CUSIP: 92535WAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $200340.00    | 0.27%             | 2026-08-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                                                                  | Garda World Security Corp                                                             | CUSIP: 36485MAK5<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     96000 | PA      | $86332.80     | 0.12%             | 2027-02-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                                                                      | AMC Networks Inc                                                                      | CUSIP: 00164VAE3<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    135000 | PA      | $119807.78    | 0.16%             | 2025-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                                                            | Viasat Inc                                                                            | CUSIP: 92552VAK6<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    236000 | PA      | $219872.94    | 0.30%             | 2025-09-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                         | DISH DBS Corp                                                                         | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    465000 | PA      | $396412.50    | 0.54%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                                                               | Starwood Property Trust Inc                                                           | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     85000 | PA      | $75981.05     | 0.10%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| LABL INC                                                                              | LABL Inc                                                                              | CUSIP: 50168AAA8<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    127000 | PA      | $117015.90    | 0.16%             | 2027-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                               | Royal Caribbean Cruises Ltd                                                           | CUSIP: 780153AZ5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    236000 | PA      | $253112.36    | 0.35%             | 2025-06-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                         | Carnival Corp                                                                         | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    269000 | PA      | $227158.40    | 0.31%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                         | Parkland Corp                                                                         | CUSIP: 70137TAP0<br>LEI: 549300XHQS1JYWBNK868 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $81600.00     | 0.11%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                                 | Tenet Healthcare Corp                                                                 | CUSIP: 88033GDC1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    131000 | PA      | $127323.63    | 0.17%             | 2024-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                                   | Travel + Leisure Co                                                                   | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107343.55    | 0.15%             | 2026-07-31      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                                              | Univision Communications Inc                                                          | CUSIP: 914906AS1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    275000 | PA      | $265742.13    | 0.36%             | 2025-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                                                              | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op       | CUSIP: 150190AF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    192000 | PA      | $191647.68    | 0.26%             | 2025-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                                                                | Chesapeake Energy Corp                                                                | CUSIP: 165167DF1<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     85000 | PA      | $82081.69     | 0.11%             | 2026-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                                                                     | Triumph Group Inc                                                                     | CUSIP: 896818AS0<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |    134000 | PA      | $137235.43    | 0.19%             | 2024-06-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                           | Chemours Co/The                                                                       | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     75000 | PA      | $68188.88     | 0.09%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                                                               | Starwood Property Trust Inc                                                           | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     73000 | PA      | $65251.29     | 0.09%             | 2026-07-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                                             | Ball Corp                                                                             | CUSIP: 058498AT3<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    184000 | PA      | $183632.00    | 0.25%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                                 | Icahn Enterprises LP / Icahn Enterprises Finance Corp                                 | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $230450.00    | 0.31%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AVIENT CORP                                                                           | Avient Corp                                                                           | CUSIP: 73179PAM8<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107366.13    | 0.15%             | 2025-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES GROUP                                                               | American Airlines Group Inc                                                           | CUSIP: 02376RAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $74509.35     | 0.10%             | 2025-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| HUB INTERNATIONAL LTD                                                                 | HUB International Ltd                                                                 | CUSIP: 44332PAD3<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    283000 | PA      | $279991.71    | 0.38%             | 2026-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                                                                         | Life Time Inc                                                                         | CUSIP: 53190FAA3<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |    161000 | PA      | $153976.38    | 0.21%             | 2026-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                              | EnLink Midstream Partners LP                                                          | CUSIP: 29336UAE7<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |     20000 | PA      | $19104.00     | 0.03%             | 2025-06-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                                                         | Rite Aid Corp                                                                         | CUSIP: 767754CK8<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |     94000 | PA      | $70632.76     | 0.10%             | 2025-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397ZJ5<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     97000 | PA      | $93439.32     | 0.13%             | 2025-06-09      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| SOTHEBY'S                                                                             | Sotheby's                                                                             | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |    148000 | PA      | $144391.76    | 0.20%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                                | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                 | CUSIP: 013092AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $103906.89    | 0.14%             | 2026-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                              | Western Midstream Operating LP                                                        | CUSIP: 958667AB3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    200000 | PA      | $191960.00    | 0.26%             | 2025-02-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                                 | Uber Technologies Inc                                                                 | CUSIP: 90353TAF7<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226543.28    | 0.31%             | 2025-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                                                                  | RLJ Lodging Trust LP                                                                  | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |     92000 | PA      | $83706.16     | 0.11%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                                                              | Hughes Satellite Systems Corp                                                         | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $148996.63    | 0.20%             | 2026-08-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: —       |
| NEXTERA ENERGY OPERATING                                                              | NextEra Energy Operating Partners LP                                                  | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     57000 | PA      | $53711.67     | 0.07%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                                                              | Hilton Domestic Operating Co Inc                                                      | CUSIP: 432833AG6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     81000 | PA      | $80684.91     | 0.11%             | 2025-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CGG SA                                                                                | CGG SA                                                                                | CUSIP: 12531TAF6<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |     85000 | PA      | $71651.61     | 0.10%             | 2027-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| PENN ENTERTAINMENT INC                                                                | Penn Entertainment Inc                                                                | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68000 | PA      | $62827.95     | 0.09%             | 2027-01-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                                                             | IQVIA Inc                                                                             | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    225000 | PA      | $216838.13    | 0.30%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| QUEBECOR MEDIA INC                                                                    | Quebecor Media Inc                                                                    | CUSIP: 74819RAP1<br>LEI: 5493006O1E1TBNKPQW25 | Long             | DBT              | CORP              | CA        |    157000 | PA      | $157040.82    | 0.21%             | 2023-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                                                          | SM Energy Co                                                                          | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98169.50     | 0.13%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                                                                   | Century Communities Inc                                                               | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |     85000 | PA      | $82545.02     | 0.11%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    210000 | PA      | $193987.50    | 0.26%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                               | Royal Caribbean Cruises Ltd                                                           | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    184000 | PA      | $151766.69    | 0.21%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                                                                 | Icahn Enterprises LP / Icahn Enterprises Finance Corp                                 | CUSIP: 451102BQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $191646.98    | 0.26%             | 2025-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                              | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                                | CUSIP: 03969AAR1<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    169000 | PA      | $128127.35    | 0.17%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                               | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                          | CUSIP: 87470LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     79000 | PA      | $75231.70     | 0.10%             | 2027-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                               | Teva Pharmaceutical Finance Netherlands III BV                                        | CUSIP: 88167AAN1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    311000 | PA      | $312055.85    | 0.43%             | 2025-01-31      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                      | MGM Resorts International                                                             | CUSIP: 552953CG4<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    141000 | PA      | $140519.94    | 0.19%             | 2025-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                                              | Prime Security Services Borrower LLC / Prime Finance Inc                              | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    243000 | PA      | $238549.46    | 0.33%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                                                                   | Travel + Leisure Co                                                                   | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |     73000 | PA      | $68717.91     | 0.09%             | 2027-04-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                                              | Antero Midstream Partners LP / Antero Midstream Finance Corp                          | CUSIP: 03690EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $76661.69     | 0.10%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                                                 | Freedom Mortgage Corp                                                                 | CUSIP: 35640YAB3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     61000 | PA      | $54487.64     | 0.07%             | 2025-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                                | Goodyear Tire & Rubber Co/The                                                         | CUSIP: 382550BG5<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    118000 | PA      | $109523.77    | 0.15%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                                                         | DISH DBS Corp                                                                         | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    364000 | PA      | $299231.66    | 0.41%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                                                               | International Game Technology PLC                                                     | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    127000 | PA      | $119672.10    | 0.16%             | 2026-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                                                              | Jaguar Land Rover Automotive PLC                                                      | CUSIP: 47010BAJ3<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    141000 | PA      | $128389.67    | 0.18%             | 2025-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENTERCOM MEDIA CORP                                                                   | Audacy Capital Corp                                                                   | CUSIP: 29365DAA7<br>LEI: 549300S5JUSXRHNCHD80 | Long             | DBT              | CORP              | US        |     76000 | PA      | $19447.26     | 0.03%             | 2027-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                        | CVR Energy Inc                                                                        | CUSIP: 12662PAB4<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    117000 | PA      | $112308.30    | 0.15%             | 2025-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                                                              | Jaguar Land Rover Automotive PLC                                                      | CUSIP: 47010BAA2<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    108000 | PA      | $107082.15    | 0.15%             | 2023-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: —       |
| B&G FOODS INC                                                                         | B&G Foods Inc                                                                         | CUSIP: 05508RAE6<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    114000 | PA      | $100753.77    | 0.14%             | 2025-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                       | Sealed Air Corp                                                                       | CUSIP: 81211KAW0<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49903.50     | 0.07%             | 2024-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                                                 | Genesis Energy LP / Genesis Energy Finance Corp                                       | CUSIP: 37185LAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     98000 | PA      | $94495.52     | 0.13%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                          | Navient Corp                                                                          | CUSIP: 78442FEQ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     41000 | PA      | $40932.34     | 0.06%             | 2023-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                                              | USA Compression Partners LP / USA Compression Finance Corp                            | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    133000 | PA      | $127555.65    | 0.17%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                                                               | Royal Caribbean Cruises Ltd                                                           | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    110000 | PA      | $90626.51     | 0.12%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STERICYCLE INC                                                                        | Stericycle Inc                                                                        | CUSIP: 858912AF5<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |     87000 | PA      | $86086.50     | 0.12%             | 2024-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FXI HOLDINGS INC                                                                      | FXI Holdings Inc                                                                      | CUSIP: 35166FAA0<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |    141000 | PA      | $115620.00    | 0.16%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                                   | Hudbay Minerals Inc                                                                   | CUSIP: 443628AJ1<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     85000 | PA      | $77089.20     | 0.11%             | 2026-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUMA INTERNATIONAL FINAN                                                              | Puma International Financing SA                                                       | CUSIP: 000000000<br>LEI: 222100YFBPO7IDRUBR17 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $176362.00    | 0.24%             | 2026-01-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                               | United Rentals North America Inc                                                      | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98779.00     | 0.13%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                                                   | Buckeye Partners LP                                                                   | CUSIP: 118230AT8<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     85000 | PA      | $81729.63     | 0.11%             | 2025-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                      | MGM Resorts International                                                             | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     78000 | PA      | $72069.55     | 0.10%             | 2026-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                                 | Nabors Industries Inc                                                                 | CUSIP: 62957HAF2<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |     95000 | PA      | $91319.23     | 0.12%             | 2025-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                                                              | Telesat Canada / Telesat LLC                                                          | CUSIP: 87952VAP1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     45000 | PA      | $20278.80     | 0.03%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                         | CoreCivic Inc                                                                         | CUSIP: 21871NAB7<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    114000 | PA      | $116572.25    | 0.16%             | 2026-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                               | Sensata Technologies BV                                                               | CUSIP: 81725WAH6<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |     66000 | PA      | $65928.72     | 0.09%             | 2024-11-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FMG RESOURCES AUG 2006                                                                | FMG Resources August 2006 Pty Ltd                                                     | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    120000 | PA      | $109932.60    | 0.15%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                                                                   | Diebold Nixdorf Inc                                                                   | CUSIP: 253651AC7<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     73000 | PA      | $39788.70     | 0.05%             | 2024-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS INC                                                               | Zayo Group Holdings Inc                                                               | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    258000 | PA      | $185215.62    | 0.25%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                                               | MPT Operating Partnership LP / MPT Finance Corp                                       | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $222306.50    | 0.30%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| VIDEOTRON LTD                                                                         | Videotron Ltd                                                                         | CUSIP: 92660FAG9<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |    261000 | PA      | $258677.10    | 0.35%             | 2024-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MATTEL INC                                                                            | Mattel Inc                                                                            | CUSIP: 577081BE1<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    102000 | PA      | $93788.49     | 0.13%             | 2026-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                                                               | Legacy LifePoint Health LLC                                                           | CUSIP: 53219LAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    136000 | PA      | $125062.13    | 0.17%             | 2025-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     82000 | PA      | $77858.18     | 0.11%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICE                                                              | Brand Industrial Services Inc                                                         | CUSIP: 10524PAB6<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |    179000 | PA      | $142194.92    | 0.19%             | 2025-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                                    | Seagate HDD Cayman                                                                    | CUSIP: 81180WAR2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     86000 | PA      | $80467.90     | 0.11%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| TRANSOCEAN INC                                                                        | Transocean Inc                                                                        | CUSIP: 893830BF5<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     85000 | PA      | $71374.50     | 0.10%             | 2026-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| LEGACY LIFEPOINT HEALTH                                                               | Legacy LifePoint Health LLC                                                           | CUSIP: 53219LAS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    114000 | PA      | $94643.58     | 0.13%             | 2027-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                                                   | Select Medical Corp                                                                   | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    207000 | PA      | $199237.50    | 0.27%             | 2026-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                                 | Nabors Industries Inc                                                                 | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    118000 | PA      | $114901.91    | 0.16%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                                                 | Uber Technologies Inc                                                                 | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    100000 | PA      | $100674.00    | 0.14%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                              | Outfront Media Capital LLC / Outfront Media Capital Corp                              | CUSIP: 69007TAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $64761.13     | 0.09%             | 2025-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PRESIDIO HOLDING INC                                                                  | Presidio Holdings Inc                                                                 | CUSIP: 74101XAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $93480.00     | 0.13%             | 2027-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JELD-WEN INC                                                                          | JELD-WEN Inc                                                                          | CUSIP: 475795AC4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     68000 | PA      | $57739.82     | 0.08%             | 2025-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                                   | NuStar Logistics LP                                                                   | CUSIP: 67059TAG0<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    110000 | PA      | $107102.05    | 0.15%             | 2025-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                              | Live Nation Entertainment Inc                                                         | CUSIP: 538034AK5<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |     97000 | PA      | $95602.72     | 0.13%             | 2024-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                                                          | ams-OSRAM AG                                                                          | CUSIP: 03217CAA4<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |     76000 | PA      | $69976.25     | 0.10%             | 2025-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                                 | Level 3 Financing Inc                                                                 | CUSIP: 527298BN2<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    183000 | PA      | $154429.13    | 0.21%             | 2027-09-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                                                          | Calpine Corp                                                                          | CUSIP: 131347CK0<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     71000 | PA      | $68097.19     | 0.09%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                                                                     | Iron Mountain Inc                                                                     | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    169000 | PA      | $159121.95    | 0.22%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                               | QVC Inc                                                                               | CUSIP: 747262AU7<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    166000 | PA      | $141360.62    | 0.19%             | 2025-02-15      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                                                        | Sabre GLBL Inc                                                                        | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    140000 | PA      | $139864.90    | 0.19%             | 2025-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                                                               | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                           | CUSIP: 91327AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    428000 | PA      | $430503.85    | 0.59%             | 2025-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ISTAR INC                                                                             | iStar Inc                                                                             | CUSIP: 45031UCF6<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20678.58     | 0.03%             | 2024-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                                                                | Mauser Packaging Solutions Holding Co                                                 | CUSIP: 12429TAD6<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    357000 | PA      | $351225.53    | 0.48%             | 2024-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                         | Carnival Corp                                                                         | CUSIP: 143658BG6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    150000 | PA      | $152032.50    | 0.21%             | 2026-02-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FINANCE                                                               | Avis Budget Car Rental LLC / Avis Budget Finance Inc                                  | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $73722.89     | 0.10%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                                                                   | Buckeye Partners LP                                                                   | CUSIP: 118230AK7<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |     68000 | PA      | $67065.00     | 0.09%             | 2023-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                         | TransDigm Inc                                                                         | CUSIP: 893647BH9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     93000 | PA      | $92895.38     | 0.13%             | 2027-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                                                                 | PennyMac Financial Services Inc                                                       | CUSIP: 70932MAA5<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    110000 | PA      | $100414.36    | 0.14%             | 2025-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                                                         | CommScope Inc                                                                         | CUSIP: 20338QAD5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    254000 | PA      | $245483.35    | 0.34%             | 2026-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                      | MGM Resorts International                                                             | CUSIP: 552953CE9<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     72000 | PA      | $70363.06     | 0.10%             | 2025-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRIUMPH GROUP INC                                                                     | Triumph Group Inc                                                                     | CUSIP: 896818AP6<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |    108000 | PA      | $92754.18     | 0.13%             | 2025-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                                                              | USA Compression Partners LP / USA Compression Finance Corp                            | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $104683.15    | 0.14%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                                                            | Sprint LLC                                                                            | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    550000 | PA      | $562352.81    | 0.77%             | 2024-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                          | Navient Corp                                                                          | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    136000 | PA      | $117617.03    | 0.16%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                                                  | Las Vegas Sands Corp                                                                  | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    180000 | PA      | $162047.37    | 0.22%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                                                              | EnLink Midstream Partners LP                                                          | CUSIP: 29336UAF4<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    166000 | PA      | $157360.07    | 0.21%             | 2026-07-15      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                                                                      | Ziggo Bond Co BV                                                                      | CUSIP: 98954UAB9<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    106000 | PA      | $97960.96     | 0.13%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                                                       | Fair Isaac Corp                                                                       | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     80000 | PA      | $79423.20     | 0.11%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN                                                                 | Genesis Energy LP / Genesis Energy Finance Corp                                       | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    166000 | PA      | $158614.91    | 0.22%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                                                                 | Freedom Mortgage Corp                                                                 | CUSIP: 35640YAA5<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |     77000 | PA      | $70912.77     | 0.10%             | 2024-11-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                                                              | CHS/Community Health Systems Inc                                                      | CUSIP: 12543DBC3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    396000 | PA      | $365995.08    | 0.50%             | 2026-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                         | TransDigm Inc                                                                         | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    830000 | PA      | $818667.79    | 1.12%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                        | Bombardier Inc                                                                        | CUSIP: 097751BM2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    219000 | PA      | $219660.29    | 0.30%             | 2025-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                                                               | Office Properties Income Trust                                                        | CUSIP: 81618TAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $88572.61     | 0.12%             | 2025-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                                                                 | Trivium Packaging Finance BV                                                          | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    118000 | PA      | $110622.56    | 0.15%             | 2027-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NMG HLDCO/NEIMAN MARCUS                                                               | NMG Holding Co Inc / Neiman Marcus Group LLC                                          | CUSIP: 62929RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    186000 | PA      | $179365.38    | 0.24%             | 2026-04-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GRAY TELEVISION INC                                                                   | Gray Television Inc                                                                   | CUSIP: 389375AJ5<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    118000 | PA      | $108890.40    | 0.15%             | 2026-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                                                               | American Axle & Manufacturing Inc                                                     | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     75000 | PA      | $70609.13     | 0.10%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE SA                                                                      | Altice France SA/France                                                               | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    329000 | PA      | $313713.02    | 0.43%             | 2027-02-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                                       | Rolls-Royce PLC                                                                       | CUSIP: 77578JAB4<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    186000 | PA      | $170255.10    | 0.23%             | 2025-10-14      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                                                              | Ferrellgas LP / Ferrellgas Finance Corp                                               | CUSIP: 315289AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $101390.85    | 0.14%             | 2026-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                                 | GFL Environmental Inc                                                                 | CUSIP: 36168QAK0<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    130000 | PA      | $121871.10    | 0.17%             | 2025-08-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                                                             | Ball Corp                                                                             | CUSIP: 058498AS5<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    185000 | PA      | $181337.00    | 0.25%             | 2023-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                                  | Cleveland-Cliffs Inc                                                                  | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    140000 | PA      | $140996.80    | 0.19%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                                                              | Brookfield Residential Properties Inc / Brookfield Residential US LLC                 | CUSIP: 11283YAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     90000 | PA      | $80245.00     | 0.11%             | 2027-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                                                              | Rockies Express Pipeline LLC                                                          | CUSIP: 77340RAS6<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |     54000 | PA      | $50579.64     | 0.07%             | 2025-05-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                                                              | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                        | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $276750.00    | 0.38%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| QVC INC                                                                               | QVC Inc                                                                               | CUSIP: 747262AY9<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |     50000 | PA      | $37625.00     | 0.05%             | 2027-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                     | Newell Brands Inc                                                                     | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    367000 | PA      | $346910.42    | 0.47%             | 2026-04-01      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                                 | GFL Environmental Inc                                                                 | CUSIP: 36168QAJ3<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    261000 | PA      | $249941.43    | 0.34%             | 2025-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                                    | Viking Cruises Ltd                                                                    | CUSIP: 92676XAD9<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    120000 | PA      | $100820.40    | 0.14%             | 2027-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                                                           | Vistra Operations Co LLC                                                              | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    230000 | PA      | $223628.79    | 0.31%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC                                                                     | Nexstar Media Inc                                                                     | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    336000 | PA      | $316113.05    | 0.43%             | 2027-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                                                                | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer      | CUSIP: 70052LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100890.00    | 0.14%             | 2025-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                                   | NOVA Chemicals Corp                                                                   | CUSIP: 66977WAP4<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     97000 | PA      | $91461.30     | 0.12%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                                                              | Teva Pharmaceutical Finance Netherlands III BV                                        | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    175000 | PA      | $159234.25    | 0.22%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                                                              | Outfront Media Capital LLC / Outfront Media Capital Corp                              | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    129000 | PA      | $117712.50    | 0.16%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                                                              | Live Nation Entertainment Inc                                                         | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    203000 | PA      | $203714.55    | 0.28%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                               | Teva Pharmaceutical Finance Netherlands III BV                                        | CUSIP: 88167AAL5<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    190000 | PA      | $187558.59    | 0.26%             | 2024-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                                                                | Goodyear Tire & Rubber Co/The                                                         | CUSIP: 382550BF7<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    152000 | PA      | $147518.28    | 0.20%             | 2026-05-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAESARS RESORT / FINCO                                                                | Caesars Resort Collection LLC / CRC Finco Inc                                         | CUSIP: 12770RAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    218000 | PA      | $215691.38    | 0.29%             | 2025-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                                 | Level 3 Financing Inc                                                                 | CUSIP: 527298BP7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    127000 | PA      | $108016.57    | 0.15%             | 2027-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                                                              | SLM Corp                                                                              | CUSIP: 78442PGE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $73190.10     | 0.10%             | 2026-11-02      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                         | TransDigm Inc                                                                         | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    420000 | PA      | $393411.90    | 0.54%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                                                                   | Sirius XM Radio Inc                                                                   | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93437.50     | 0.13%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                                                              | Univision Communications Inc                                                          | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    244000 | PA      | $238188.40    | 0.33%             | 2027-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                                                                      | Vail Resorts Inc                                                                      | CUSIP: 91879QAL3<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49916.73     | 0.07%             | 2025-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL CORP                                                                       | Murphy Oil Corp                                                                       | CUSIP: 626717AJ1<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     54000 | PA      | $53849.33     | 0.07%             | 2025-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                                   | Delta Air Lines Inc                                                                   | CUSIP: 247361ZZ4<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    166000 | PA      | $171714.55    | 0.23%             | 2026-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSMISSION INC                                                              | Allison Transmission Inc                                                              | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |     95000 | PA      | $88210.46     | 0.12%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                                                                  | Pilgrim's Pride Corp                                                                  | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    206000 | PA      | $202521.12    | 0.28%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                                                              | Diversified Healthcare Trust                                                          | CUSIP: 25525PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $82025.54     | 0.11%             | 2025-06-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                              | Altice France Holding SA                                                              | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |    264000 | PA      | $209053.68    | 0.29%             | 2027-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                                 | Tenet Healthcare Corp                                                                 | CUSIP: 88033GCX6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    264000 | PA      | $253292.16    | 0.35%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                            | Carvana Co                                                                            | CUSIP: 146869AF9<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    100000 | PA      | $36070.50     | 0.05%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LAREDO PETROLEUM INC                                                                  | Laredo Petroleum Inc                                                                  | CUSIP: 516806AF3<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     98000 | PA      | $98143.57     | 0.13%             | 2025-01-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397B85<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    300000 | PA      | $275583.00    | 0.38%             | 2025-02-10      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                                                              | Occidental Petroleum Corp                                                             | CUSIP: 674599DB8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     70000 | PA      | $71050.70     | 0.10%             | 2024-07-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                                                              | Fortress Transportation and Infrastructure Investors LLC                              | CUSIP: 34960PAB7<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    141000 | PA      | $135603.23    | 0.19%             | 2025-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                                                              | EQM Midstream Partners LP                                                             | CUSIP: 26885BAF7<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |     63000 | PA      | $61848.05     | 0.08%             | 2025-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                                                              | NCR Corp                                                                              | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97128.50     | 0.13%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                                                                | Lumen Technologies Inc                                                                | CUSIP: 156700BB1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    120000 | PA      | $102781.20    | 0.14%             | 2026-12-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| RITE AID CORP                                                                         | Rite Aid Corp                                                                         | CUSIP: 767754CL6<br>LEI: 529900W353T1JY1DKT44 | Long             | DBT              | CORP              | US        |    139000 | PA      | $85738.68     | 0.12%             | 2026-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                                                                | HAT Holdings I LLC / HAT Holdings II LLC                                              | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $193861.13    | 0.26%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                                                              | SLM Corp                                                                              | CUSIP: 78442PGD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84000 | PA      | $76956.39     | 0.11%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                             | Block Inc                                                                             | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    169000 | PA      | $150256.21    | 0.21%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                                 | Bausch Health Cos Inc                                                                 | CUSIP: 071734AC1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $16268.62     | 0.02%             | 2027-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                                                     | Clarios Global LP                                                                     | CUSIP: 18060TAA3<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |     66000 | PA      | $66047.35     | 0.09%             | 2025-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                                                               | AMC Entertainment Holdings Inc                                                        | CUSIP: 00165CAP9<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    240000 | PA      | $87145.20     | 0.12%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                     | Newell Brands Inc                                                                     | CUSIP: 651229BB1<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     68000 | PA      | $65790.34     | 0.09%             | 2025-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                                  | OneMain Finance Corp                                                                  | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    235000 | PA      | $228537.50    | 0.31%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                                                        | Owens-Brockway Glass Container Inc                                                    | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96345.75     | 0.13%             | 2027-05-13      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                                                               | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                          | CUSIP: 87470LAH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    113000 | PA      | $114552.62    | 0.16%             | 2025-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                                                                | Bausch Health Americas Inc                                                            | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    145000 | PA      | $69732.97     | 0.10%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO / FINANCE                                                              | Radiate Holdco LLC / Radiate Finance Inc                                              | CUSIP: 75026JAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    174000 | PA      | $142606.05    | 0.19%             | 2026-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                                 | Mineral Resources Ltd                                                                 | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     60000 | PA      | $62086.20     | 0.08%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                                  | OneMain Finance Corp                                                                  | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    258000 | PA      | $250260.00    | 0.34%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                                                                    | Telecom Italia SpA/Milano                                                             | CUSIP: 87927YAA0<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    259000 | PA      | $251200.22    | 0.34%             | 2024-05-30      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                                                                          | SM Energy Co                                                                          | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     75000 | PA      | $73627.13     | 0.10%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                        | Transocean Inc                                                                        | CUSIP: 893830BQ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    126000 | PA      | $127144.71    | 0.17%             | 2027-01-30      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING                                                              | NextEra Energy Operating Partners LP                                                  | CUSIP: 65342QAK8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    350000 | PA      | $337779.97    | 0.46%             | 2024-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITGO HOLDING INC                                                                     | Citgo Holding Inc                                                                     | CUSIP: 17302WAB4<br>LEI: 549300NYHOALWZ2BSL72 | Long             | DBT              | CORP              | US        |    218000 | PA      | $219591.40    | 0.30%             | 2024-08-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                                                           | Staples Inc                                                                           | CUSIP: 855030AP7<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |    175000 | PA      | $127652.88    | 0.17%             | 2027-04-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| MEG ENERGY CORP                                                                       | MEG Energy Corp                                                                       | CUSIP: 552704AE8<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |    152000 | PA      | $154660.00    | 0.21%             | 2027-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                                                              | Cedar Fair LP / Canada's Wonderland Co / Magnum Management Corp / Millennium Op       | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $92565.34     | 0.13%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE GOV MM SER INST                                                              | DEUTSCHE GOV MM SER INST                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    873417 | NS      | $873416.69    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397A45<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     98000 | PA      | $90862.66     | 0.12%             | 2027-01-09      | Fixed         | 4.27%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                                                              | Clarios Global LP / Clarios US Finance Co                                             | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    291000 | PA      | $284442.20    | 0.39%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                                                               | United Rentals North America Inc                                                      | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    160000 | PA      | $146932.80    | 0.20%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COMMERZBANK AG                                                                        | Commerzbank AG                                                                        | CUSIP: 20259BAA9<br>LEI: 851WYGNLUQLFZBSYGB56 | Long             | DBT              | CORP              | DE        |    264000 | PA      | $266667.81    | 0.36%             | 2023-09-19      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO SPA                                                                   | Intesa Sanpaolo SpA                                                                   | CUSIP: 46115HAT4<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |    322000 | PA      | $310192.64    | 0.42%             | 2024-06-26      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                                                               | Teva Pharmaceutical Finance Netherlands III BV                                        | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    607000 | PA      | $524332.67    | 0.72%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| HAWAIIAN BRAND INTELLECT                                                              | Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd                  | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    209252 | PA      | $196116.73    | 0.27%             | 2026-01-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTICS LP                                                                   | NuStar Logistics LP                                                                   | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |     97000 | PA      | $94168.57     | 0.13%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                                                              | Ascent Resources Utica Holdings LLC / ARU Finance Corp                                | CUSIP: 04364VAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $100117.69    | 0.14%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                                                                   | NCL Corp Ltd                                                                          | CUSIP: 62886HAP6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    224000 | PA      | $195096.74    | 0.27%             | 2024-12-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                                                              | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                                | CUSIP: 03969AAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    147000 | PA      | $111448.05    | 0.15%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                                 | Tenet Healthcare Corp                                                                 | CUSIP: 88033GDA5<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    250000 | PA      | $233648.75    | 0.32%             | 2027-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                                      | FirstEnergy Corp                                                                      | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |    350000 | PA      | $330484.00    | 0.45%             | 2027-07-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| PROMONTORIA HOLDING                                                                   | Promontoria Holding 264 BV                                                            | CUSIP: 74349MAA4<br>LEI: 54930014SXEXD3RX1509 | Long             | DBT              | CORP              | NL        |     50000 | PA      | $47388.50     | 0.06%             | 2027-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MERITAGE HOMES CORP                                                                   | Meritage Homes Corp                                                                   | CUSIP: 59001AAY8<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |     78000 | PA      | $77335.98     | 0.11%             | 2025-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY COR                                                              | Garda World Security Corp                                                             | CUSIP: 36257BAA7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $74244.68     | 0.10%             | 2027-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                                    | Seagate HDD Cayman                                                                    | CUSIP: 81180WAL5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     81000 | PA      | $78657.08     | 0.11%             | 2025-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                                                                 | Melco Resorts Finance Ltd                                                             | CUSIP: 58547DAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    100000 | PA      | $82177.50     | 0.11%             | 2027-07-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GUITAR CENTER INC                                                                     | Guitar Center Inc                                                                     | CUSIP: 40204BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    101000 | PA      | $88499.23     | 0.12%             | 2026-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                               | New Fortress Energy Inc                                                               | CUSIP: 644393AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    254000 | PA      | $245821.20    | 0.34%             | 2026-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LD HOLDINGS GROUP LLC                                                                 | LD Holdings Group LLC                                                                 | CUSIP: 521088AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $61941.07     | 0.08%             | 2025-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397ZQ9<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    115000 | PA      | $113832.18    | 0.16%             | 2024-03-18      | Fixed         | 5.58%                 | No            |                  2 | On Loan: No      |
| NOKIA OYJ                                                                             | Nokia Oyj                                                                             | CUSIP: 654902AE5<br>LEI: 549300A0JPRWG1KI7U06 | Long             | DBT              | CORP              | FI        |    100000 | PA      | $94675.00     | 0.13%             | 2027-06-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                                       | Rolls-Royce PLC                                                                       | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |    130000 | PA      | $123864.00    | 0.17%             | 2027-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/FIN CORP                                                                | AmeriGas Partners LP / AmeriGas Finance Corp                                          | CUSIP: 030981AJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    124000 | PA      | $118273.68    | 0.16%             | 2026-08-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                            | Carvana Co                                                                            | CUSIP: 146869AB8<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     87000 | PA      | $39301.82     | 0.05%             | 2025-10-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                              | Ford Motor Credit Co LLC                                                              | CUSIP: 345397XL2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    125000 | PA      | $118420.00    | 0.16%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                                                              | Archrock Partners LP / Archrock Partners Finance Corp                                 | CUSIP: 03959KAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $82382.00     | 0.11%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DPL INC                                                                               | DPL Inc                                                                               | CUSIP: 233293AR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $75455.86     | 0.10%             | 2025-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                                                              | Performance Food Group Inc                                                            | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    200000 | PA      | $193729.00    | 0.26%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                                                               | MPT Operating Partnership LP / MPT Finance Corp                                       | CUSIP: 55342UAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $44807.75     | 0.06%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| JAGUAR LAND ROVER AUTOMO                                                              | Jaguar Land Rover Automotive PLC                                                      | CUSIP: 47010BAF1<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |     86000 | PA      | $65670.69     | 0.09%             | 2027-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| EG GLOBAL FINANCE PLC                                                                 | eG Global Finance PLC                                                                 | CUSIP: 28228PAA9<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    157000 | PA      | $143177.72    | 0.20%             | 2025-02-07      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                                                                | Sunoco LP / Sunoco Finance Corp                                                       | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $108569.47    | 0.15%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                               | New Fortress Energy Inc                                                               | CUSIP: 644393AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    212000 | PA      | $207405.96    | 0.28%             | 2025-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VECTOR GROUP LTD                                                                      | Vector Group Ltd                                                                      | CUSIP: 92240MBJ6<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |     94000 | PA      | $94367.07     | 0.13%             | 2026-11-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| VERICAST CORP                                                                         | Vericast Corp                                                                         | CUSIP: 92348BAA1<br>LEI: 549300J73P7FL8TVF308 | Long             | DBT              | CORP              | US        |    210000 | PA      | $217612.50    | 0.30%             | 2026-09-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                                                              | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL      | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    174000 | PA      | $167600.28    | 0.23%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                                                                | Goodyear Tire & Rubber Co/The                                                         | CUSIP: 382550BH3<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51974.38     | 0.07%             | 2025-05-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS                                                                | Adient Global Holdings Ltd                                                            | CUSIP: 00687YAA3<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    134000 | PA      | $123631.75    | 0.17%             | 2026-08-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ROCKETMTGE CO-ISSUER INC                                                              | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                   | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $166513.43    | 0.23%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                                   | NOVA Chemicals Corp                                                                   | CUSIP: 66977WAQ2<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    178000 | PA      | $173436.97    | 0.24%             | 2024-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                 | American Airlines Inc                                                                 | CUSIP: 023771S58<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    473000 | PA      | $519909.30    | 0.71%             | 2025-07-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                                                                | CCO Holdings LLC / CCO Holdings Capital Corp                                          | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $97595.00     | 0.13%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                                                                 | Caesars Entertainment Inc                                                             | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    300000 | PA      | $301590.00    | 0.41%             | 2027-07-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                                                                      | Cinemark USA Inc                                                                      | CUSIP: 172441BD8<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     78000 | PA      | $68273.40     | 0.09%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MOHEGAN GAMING & ENT                                                                  | Mohegan Gaming & Entertainment                                                        | CUSIP: 608328BH2<br>LEI: 549300UB083Z2NRDHC48 | Long             | DBT              | CORP              | US        |    199000 | PA      | $184824.24    | 0.25%             | 2026-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                                                              | 1011778 BC ULC / New Red Finance Inc                                                  | CUSIP: 68245XAK5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    147000 | PA      | $146620.74    | 0.20%             | 2025-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                       | Sealed Air Corp                                                                       | CUSIP: 81211KAX8<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99359.50     | 0.14%             | 2025-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COTY INC                                                                              | Coty Inc                                                                              | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    159000 | PA      | $151717.80    | 0.21%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                                                              | Prime Security Services Borrower LLC / Prime Finance Inc                              | CUSIP: 74166MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $110740.00    | 0.15%             | 2024-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                                                                | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                 | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    127000 | PA      | $115490.63    | 0.16%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                                                               | Grand Canyon University                                                               | CUSIP: 38528UAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $80407.45     | 0.11%             | 2024-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VERITAS US INC/BERMUDA L                                                              | Veritas US Inc / Veritas Bermuda Ltd                                                  | CUSIP: 92346LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    296000 | PA      | $212211.77    | 0.29%             | 2025-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                                                              | Western Midstream Operating LP                                                        | CUSIP: 958254AF1<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |     83000 | PA      | $80866.90     | 0.11%             | 2026-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                                                              | Antero Midstream Partners LP / Antero Midstream Finance Corp                          | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    119000 | PA      | $113778.49    | 0.16%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY PART LP/FIN CO                                                              | NGL Energy Partners LP / NGL Energy Finance Corp                                      | CUSIP: 62913TAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $81713.90     | 0.11%             | 2023-11-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ASSUREDPARTNERS INC                                                                   | AssuredPartners Inc                                                                   | CUSIP: 04624VAA7<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |     97000 | PA      | $93230.32     | 0.13%             | 2025-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LABL INC                                                                              | LABL Inc                                                                              | CUSIP: 50168AAB6<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    118000 | PA      | $113229.85    | 0.15%             | 2026-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                                    | Seagate HDD Cayman                                                                    | CUSIP: 81180WAT8<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     97000 | PA      | $95167.19     | 0.13%             | 2024-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                                                              | Telesat Canada / Telesat LLC                                                          | CUSIP: 87952VAR7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     92000 | PA      | $43504.53     | 0.06%             | 2026-12-06      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                      | MGM Resorts International                                                             | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    131000 | PA      | $123564.61    | 0.17%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP                                                                 | NGL Energy Operating LLC / NGL Energy Finance Corp                                    | CUSIP: 62922LAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    347000 | PA      | $313734.26    | 0.43%             | 2026-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                          | Navient Corp                                                                          | CUSIP: 63938CAB4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     91000 | PA      | $88520.50     | 0.12%             | 2024-10-25      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                                                             | Olin Corp                                                                             | CUSIP: 680665AJ5<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     92000 | PA      | $86348.90     | 0.12%             | 2027-09-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BOXER PARENT CO INC                                                                   | Boxer Parent Co Inc                                                                   | CUSIP: 103186AB8<br>LEI: 5493006T045HLTF7YX04 | Long             | DBT              | CORP              | US        |    102000 | PA      | $99195.33     | 0.14%             | 2025-10-02      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                                                                    | Leviathan Bond Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    102000 | PA      | $100542.73    | 0.14%             | 2025-06-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                                                              | Scientific Games International Inc                                                    | CUSIP: 80874YBG4<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    102000 | PA      | $105328.77    | 0.14%             | 2025-07-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| DKT FINANCE APS                                                                       | DKT Finance ApS                                                                       | CUSIP: 255882AA0<br>LEI: 529900CPZ2SMDPG5RV48 | Long             | DBT              | CORP              | DK        |     88000 | PA      | $85031.85     | 0.12%             | 2023-06-17      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| HOWMET AEROSPACE INC                                                                  | Howmet Aerospace Inc                                                                  | CUSIP: 013817AW1<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |    248000 | PA      | $246065.58    | 0.34%             | 2024-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                                    | Ford Motor Co                                                                         | CUSIP: 345370CR9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    300000 | PA      | $286045.74    | 0.39%             | 2026-12-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                                                               | Standard Industries Inc/NJ                                                            | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    100000 | PA      | $92242.51     | 0.13%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                                  | OneMain Finance Corp                                                                  | CUSIP: 85172FAP4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    210000 | PA      | $205075.50    | 0.28%             | 2024-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                                                                      | MGM Resorts International                                                             | CUSIP: 552953CC3<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    172000 | PA      | $171939.63    | 0.23%             | 2023-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-19

**Name of Applicant:** DBX ETF Trust

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer