# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0000910472-25-005975
**Filing Date:** 2025-12
**Character Count:** 127347
**Document Hash:** 54e8c38b45cfeafc0801d76983f83e0f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-005975.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000910472-25-005975

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dunham Funds
- **CENTRAL INDEX KEY:** 0001420040

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22153
- **FILM NUMBER:** 251604015

**BUSINESS ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122
- **BUSINESS PHONE:** 858-964-0500

**MAIL ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122

## Series and Classes Contracts Data

### Dunham High Yield Bond Fund (Series ID: S000020978)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000059529 | Dunham High Yield Bond Fund Class A | DAHYX           |
| C000059530 | Dunham High Yield Bond Fund Class C | DCHYX           |
| C000059531 | Dunham High Yield Bond Fund Class N | DNHYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Dunham Funds

- **b. Investment Company Act file number:** 811-22153

- **c. CIK number of Registrant:** 0001420040

- **d. LEI of Registrant:** 549300FI2C3SP4YCHL80

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

  - **Street Address 1:** 6256 Greenwich Dr

  - **City:** SAN DIEGO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92122

  - **Telephone number:** 858-964-0500

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

- **a. Name of Series:** Dunham High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000020978

- **c. LEI of Series:** 549300EMO57TQ4UQFX73

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $234292064.59

**Total Liabilities:** $4050255.84

**Net Assets:** $230241808.75

**Cash Not Reported:** $639036.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 41.00048000 | **1-Year:** 714.18050900 | **5-Year:** 2123.08941400 | **10-Year:** 740.34154300 | **30-Year:** 0.00000000

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

- **3-Month:** 382.69104000 | **1-Year:** 15033.61734600 | **5-Year:** 44795.05730000 | **10-Year:** 5980.43983100 | **30-Year:** 320.60056200

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059531 | 1.53%                | 0.49%                | -0.15%               |
| Class ID C000059529 | 1.49%                | 0.47%                | -0.17%               |
| Class ID C000059530 | 1.48%                | 0.44%                | -0.22%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $25668.05                | $2183824.71                                |
| Month 2  | $-33010.17               | $-120763.89                                |
| Month 3  | $179631.85               | $-2299019.47                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| VFH Parent LLC & Valor Co-Issuer Inc.                                                            | VIRT 7 1/2 06/15/31                  | CUSIP: 91824YAA6<br>LEI: 549300FRO9M476YHHY64 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1256863.20   | 0.55%             | 2031-06-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Crown Americas LLC                                                                               | CCK 5 7/8 06/01/33                   | CUSIP: 228180AC9<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    380000 | PA      | $385501.26    | 0.17%             | 2033-06-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Jones Deslauriers Insurance Management Inc.                                                      | NAVCOR 8 1/2 03/15/30                | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    596000 | PA      | $626415.67    | 0.27%             | 2030-03-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| LBM Acquisition LLC                                                                              | USLBMH 6 1/4 01/15/29                | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    901000 | PA      | $823152.61    | 0.36%             | 2029-01-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: —       |
| Neptune BidCo US Inc.                                                                            | NLSN 9.29 04/15/29                   | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $1897747.20   | 0.82%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           | 2                  | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                               | LADR 4 1/4 02/01/27                  | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    584000 | PA      | $578527.51    | 0.25%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Acrisure Llc / Acrisure Fin Inc                                                                  | ACRISU 6 3/4 07/01/32                | CUSIP: 004961AA6<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1247242.46   | 0.54%             | 2032-07-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Ally Financial Inc.                                                                              | ALLY 6.646 01/17/40                  | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    226000 | PA      | $226554.33    | 0.10%             | 2040-01-17      | Fixed         | 6.65%                 | No            | 2                  | On Loan: No      |
| Vital Energy Inc                                                                                 | VTLE 7 7/8 04/15/32                  | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1151263.58   | 0.50%             | 2032-04-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: —       |
| Amkor Technology, Inc.                                                                           | AMKR 5 7/8 10/01/33                  | CUSIP: 031652BL3<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |    670000 | PA      | $682403.70    | 0.30%             | 2033-10-01      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Mauser Packaging Solutions Holding Co.                                                           | BWY 7 7/8 08/15/26                   | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    602000 | PA      | $599742.89    | 0.26%             | 2026-08-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: —       |
| GoEasy Limited                                                                                   | GSYCN 7 5/8 07/01/29                 | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    328000 | PA      | $330542.66    | 0.14%             | 2029-07-01      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Melco Resorts Finance Limited                                                                    | MPEL 5 3/8 12/04/29                  | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    943000 | PA      | $932528.26    | 0.41%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| American Airlines, Inc.                                                                          | AAL 7 1/4 02/15/28                   | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $358355.20    | 0.16%             | 2028-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Fortress Intermediate 3 Inc.                                                                     | PSDO 7 1/2 06/01/31                  | CUSIP: 34966MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    705000 | PA      | $735664.68    | 0.32%             | 2031-06-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Service Properties Trust                                                                         | SVC 0 09/30/27                       | CUSIP: 81761LAF9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     51000 | PA      | $45010.06     | 0.02%             | 2027-09-30      | Fixed         | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Comstock Resources, Inc.                                                                         | CRK 6 3/4 03/01/29                   | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   1115000 | PA      | $1105697.78   | 0.48%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Entegris Inc                                                                                     | ENTG 5.95 06/15/30                   | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    745000 | PA      | $756651.06    | 0.33%             | 2030-06-15      | Fixed         | 5.95%                 | Yes           | 2                  | On Loan: No      |
| Ashton Woods (USA) LLC/Ashton Woods Finance Co.                                                  | ASHWOO 6 7/8 08/01/33                | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1045000 | PA      | $1048624.06   | 0.46%             | 2033-08-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| C&W Senior Finance Ltd.                                                                          | CWCFIN 9 01/15/33                    | CUSIP: 12665MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1585000 | PA      | $1617964.83   | 0.70%             | 2033-01-15      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: —       |
| Kohl's Corp.                                                                                     | KSS 3 3/8 05/01/31                   | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |   1392000 | PA      | $1090933.51   | 0.47%             | 2031-05-01      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                                        | NEP 7 1/4 01/15/29                   | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   1871000 | PA      | $1925554.62   | 0.84%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: —       |
| Firstcash Inc                                                                                    | FCFS 4 5/8 09/01/28                  | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    436000 | PA      | $430152.06    | 0.19%             | 2028-09-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: —       |
| Land O'Lakes Capital Trust I                                                                     | LLAKES 7.45 03/15/28                 | CUSIP: 514665AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    209000 | PA      | $216890.80    | 0.09%             | 2028-03-15      | Fixed         | 7.45%                 | Yes           | 2                  | On Loan: —       |
| Univision Communications Inc.                                                                    | UVN 8 1/2 07/31/31                   | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1300279.34   | 0.56%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| Champions Financing Inc.                                                                         | CRASHC 8 3/4 02/15/29                | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |   1003000 | PA      | $973688.33    | 0.42%             | 2029-02-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: —       |
| Baytex Energy Corp.                                                                              | BTECN 7 3/8 03/15/32                 | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    929000 | PA      | $915106.43    | 0.40%             | 2032-03-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Silgan Holdings Inc.                                                                             | SLGN 4 1/8 02/01/28                  | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    615000 | PA      | $603605.83    | 0.26%             | 2028-02-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Antero Midstream Partners LP / Antero Midstream Finance Corp                                     | AM 5 3/4 01/15/28                    | CUSIP: 03690AAF3<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |    576000 | PA      | $577383.44    | 0.25%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Kennedy Wilson Inc                                                                               | KW 4 3/4 03/01/29                    | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |   1234000 | PA      | $1168975.97   | 0.51%             | 2029-03-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Howard Midstream Energy Partners Llc                                                             | HOWMID 7 3/8 07/15/32                | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1111811.74   | 0.48%             | 2032-07-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Iris Escrow Issuer Corp                                                                          | ITPCN 10 12/15/28                    | CUSIP: 462914AA0<br>LEI: 54930013SPZ2NB3I3V40 | Long             | DBT              | CORP              | US        |   1234000 | PA      | $1068254.23   | 0.46%             | 2028-12-15      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: —       |
| Burford Capital Global Finance LLC                                                               | BURLN 6 1/4 04/15/28                 | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    660000 | PA      | $654630.90    | 0.28%             | 2028-04-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Talen Energy Supply LLC                                                                          | TLN 6 1/4 02/01/34                   | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    607000 | PA      | $623072.16    | 0.27%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Cobra Acquisitionco LLC                                                                          | EXETFI 6 3/8 11/01/29                | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1435000 | PA      | $1210742.22   | 0.53%             | 2029-11-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp.                               | LADR 4 3/4 06/15/29                  | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    805000 | PA      | $789944.38    | 0.34%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Novelis Corporation                                                                              | HNDLIN 6 3/8 08/15/33                | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    815000 | PA      | $826412.45    | 0.36%             | 2033-08-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Rfna LP                                                                                          | RFNALP 7 7/8 02/15/30                | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |    554000 | PA      | $551790.43    | 0.24%             | 2030-02-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: —       |
| Firstcash Inc                                                                                    | FCFS 5 5/8 01/01/30                  | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    175000 | PA      | $175832.48    | 0.08%             | 2030-01-01      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Capstone Borrower Inc.                                                                           | CVT 8 06/15/30                       | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    940000 | PA      | $960025.76    | 0.42%             | 2030-06-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 5 3/8 06/01/29                  | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    825000 | PA      | $814742.45    | 0.35%             | 2029-06-01      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| Univision Communications Inc.                                                                    | UVN 9 3/8 08/01/32                   | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    485000 | PA      | $512248.27    | 0.22%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| Bell Canada                                                                                      | BCECN 6 7/8 09/15/55                 | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    632000 | PA      | $660415.98    | 0.29%             | 2055-09-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| Service Properties Trust                                                                         | SVC 8 7/8 06/15/32                   | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    905000 | PA      | $893584.87    | 0.39%             | 2032-06-15      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| Block Inc                                                                                        | XYZ 6 1/2 05/15/32                   | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    660000 | PA      | $685177.02    | 0.30%             | 2032-05-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| Service Properties Trust                                                                         | SVC 8 3/8 06/15/29                   | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94567.51     | 0.04%             | 2029-06-15      | Fixed         | 8.38%                 | No            | 2                  | On Loan: No      |
| Rackspace Finance LLC                                                                            | RAX 3 1/2 05/15/28                   | CUSIP: 75008WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1503240 | PA      | $593779.80    | 0.26%             | 2028-05-15      | Fixed         | 3.50%                 | Yes           | 2                  | On Loan: No      |
| Talen Energy Supply LLC                                                                          | TLN 6 1/2 02/01/36                   | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    607000 | PA      | $629468.75    | 0.27%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                          | HILCRP 6 02/01/31                    | CUSIP: 431318AV6<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    476000 | PA      | $452341.94    | 0.20%             | 2031-02-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Avantor Funding Inc                                                                              | AVTR 3 7/8 11/01/29                  | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1155593.06   | 0.50%             | 2029-11-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Herc Holdings Inc                                                                                | HRI 7 06/15/30                       | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    299000 | PA      | $313150.18    | 0.14%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Calpine Corporation                                                                              | CPN 5 02/01/31                       | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    703000 | PA      | $704697.04    | 0.31%             | 2031-02-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Gen Digital Inc                                                                                  | GEN 6 1/4 04/01/33                   | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    275000 | PA      | $283770.03    | 0.12%             | 2033-04-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| NGL Energy Operating LLC/ NGL Energy Finance Corp                                                | NGL 8 1/8 02/15/29                   | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    633000 | PA      | $648179.97    | 0.28%             | 2029-02-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                                          | ISATLN 9 09/15/29                    | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |    750000 | PA      | $795059.25    | 0.35%             | 2029-09-15      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: —       |
| Clearway Energy Operating LLC                                                                    | CWENA 3 3/4 01/15/32                 | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1141639.76   | 0.50%             | 2032-01-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: No      |
| HAT Holdings I LLC and HAT Holdings II LLC                                                       | HASI 3 3/4 09/15/30                  | CUSIP: 418751AD5<br>LEI: 254900YE1WH1XG7Y4E44 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1083559.88   | 0.47%             | 2030-09-15      | Fixed         | 3.75%                 | Yes           | 2                  | On Loan: —       |
| ION Platform Finance S.a r.l. / ION Platform Finance US Inc.                                     | IONPLA 4 5/8 05/01/28                | CUSIP: 46206AAC6<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | LU        |    864000 | PA      | $824246.67    | 0.36%             | 2028-05-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Ontario Gaming GTA LP / OTG Co Issuer Inc.                                                       | ONGAME 8 08/01/30                    | CUSIP: 68306MAA7<br>LEI: 894500EC9KLZLOC3V025 | Long             | DBT              | CORP              | CA        |   1250000 | PA      | $1233670.00   | 0.54%             | 2030-08-01      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 3 5/8 02/15/31                   | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2040000 | PA      | $1905704.56   | 0.83%             | 2031-02-15      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6 3/4 05/01/33                | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    676000 | PA      | $707104.80    | 0.31%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| WildFire Intermediate Holdings LLC                                                               | WILDFI 7 1/2 10/15/29                | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |    824000 | PA      | $824505.19    | 0.36%             | 2029-10-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| NCR Voyix Corporation                                                                            | VYX 5 1/8 04/15/29                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    248000 | PA      | $245649.58    | 0.11%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc.                                              | CAR 8 3/8 06/15/32                   | CUSIP: 053773BK2<br>LEI: 529900E95812SYWMCE44 | Long             | DBT              | CORP              | US        |    441000 | PA      | $452491.58    | 0.20%             | 2032-06-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: —       |
| Davita Inc                                                                                       | DVA 6 3/4 07/15/33                   | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    865000 | PA      | $897483.35    | 0.39%             | 2033-07-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| United Air Lines, Inc.                                                                           | UAL 4 3/8 04/15/26                   | CUSIP: 90932LAG2<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    271000 | PA      | $270622.39    | 0.12%             | 2026-04-15      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Methanex Corporation                                                                             | MXCN 5 1/4 12/15/29                  | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     63000 | PA      | $62873.47     | 0.03%             | 2029-12-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Valaris Ltd.                                                                                     | VAL 8 3/8 04/30/30                   | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1035000 | PA      | $1081860.66   | 0.47%             | 2030-04-30      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Cleveland-Cliffs Inc                                                                             | CLF 7 3/8 05/01/33                   | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    565000 | PA      | $585245.65    | 0.25%             | 2033-05-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 8 5/8 11/01/30                  | CUSIP: 17888HAC7<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    485000 | PA      | $501896.58    | 0.22%             | 2030-11-01      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| EnerSys                                                                                          | ENS 6 5/8 01/15/32                   | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     95000 | PA      | $97756.45     | 0.04%             | 2032-01-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Deluxe Corporation                                                                               | DLX 8 06/01/29                       | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1389151.82   | 0.60%             | 2029-06-01      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Trinseo Luxco Finance Spv S.a.r.l. & Trinseo NA Finance Spv LLC                                  | TSE 7 5/8 05/03/29                   | CUSIP: 89668JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    324056 | PA      | $110179.04    | 0.05%             | 2029-05-03      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Venture Global LNG Inc.                                                                          | VENLNG 8 3/8 06/01/31                | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   2202000 | PA      | $2262768.59   | 0.98%             | 2031-06-01      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: —       |
| Firstcash Inc                                                                                    | FCFS 6 7/8 03/01/32                  | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    330000 | PA      | $343248.18    | 0.15%             | 2032-03-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Performance Food Group Inc                                                                       | PFGC 4 1/4 08/01/29                  | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    695000 | PA      | $678623.72    | 0.29%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: No      |
| Commercial Metals Company                                                                        | CMC 3 7/8 02/15/31                   | CUSIP: 201723AP8<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   1177000 | PA      | $1101344.79   | 0.48%             | 2031-02-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Methanex US Operations Inc.                                                                      | MXCN 6 1/4 03/15/32                  | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1252021.92   | 0.54%             | 2032-03-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: —       |
| Herc Holdings Inc                                                                                | HRI 7 1/4 06/15/33                   | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    620000 | PA      | $654133.48    | 0.28%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: —       |
| Travel Plus Leisure Co                                                                           | TNL 4 1/2 12/01/29                   | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    715000 | PA      | $696669.12    | 0.30%             | 2029-12-01      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: —       |
| United Parks & Resorts Inc                                                                       | SEAS 5 1/4 08/15/29                  | CUSIP: 81282UAG7<br>LEI: 529900G0H4NV3IIK3269 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $1138418.20   | 0.49%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: —       |
| HudBay Minerals Inc                                                                              | HBMCN 6 1/8 04/01/29                 | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |    675000 | PA      | $683741.25    | 0.30%             | 2029-04-01      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 6 01/15/36                       | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    450000 | PA      | $458411.57    | 0.20%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Park River Holdings Inc                                                                          | PRIMBP 8 3/4 12/31/30                | CUSIP: 70082LAD9<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |    365125 | PA      | $366683.61    | 0.16%             | 2030-12-31      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Match Group Holdings II LLC                                                                      | MTCHII 6 1/8 09/15/33                | CUSIP: 57667JAC6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    495000 | PA      | $498713.00    | 0.22%             | 2033-09-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Phoenix Aviation Capital Ltd.                                                                    | PHOAVI 9 1/4 07/15/30                | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | KY        |   1105000 | PA      | $1165031.34   | 0.51%             | 2030-07-15      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 6 1/8 11/01/32                | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    371000 | PA      | $377672.06    | 0.16%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Deluxe Corporation                                                                               | DLX 8 1/8 09/15/29                   | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |     35000 | PA      | $36669.57     | 0.02%             | 2029-09-15      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | GEL 7 7/8 05/15/32                   | CUSIP: 37185LAQ5<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    120000 | PA      | $123674.04    | 0.05%             | 2032-05-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| EnerSys                                                                                          | ENS 4 3/8 12/15/27                   | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |    554000 | PA      | $547421.86    | 0.24%             | 2027-12-15      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Burford Capital Global Finance LLC                                                               | BURLN 6 7/8 04/15/30                 | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198914.00    | 0.09%             | 2030-04-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Medline Borrower LP                                                                              | MEDIND 5 1/4 10/01/29                | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    725000 | PA      | $722729.24    | 0.31%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                                        | XIFR 8 3/8 01/15/31                  | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    279000 | PA      | $292090.96    | 0.13%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: —       |
| Hilton Grand Vacations Borrower Escrow LLC/ Hilton Grand Vacations Borrower Escrow Inc           | HGVLLC 5 06/01/29                    | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    513000 | PA      | $492854.59    | 0.21%             | 2029-06-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: —       |
| Venture Global Plaquemines Lng LLC                                                               | VEGLPL 7 1/2 05/01/33                | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    369000 | PA      | $406018.45    | 0.18%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| HLF Financing SaRL LLC and Herbalife International Inc.                                          | HLF 12 1/4 04/15/29                  | CUSIP: 40390DAD7<br>LEI: 549300VKVJUV5OGV2R51 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1146131.96   | 0.50%             | 2029-04-15      | Fixed         | 12.25%                | Yes           | 2                  | On Loan: —       |
| Delek Logistics Partners LP/ Delek Logistics Finance Corp.                                       | DKL 7 3/8 06/30/33                   | CUSIP: 24665FAE2<br>LEI: 549300UVYITDIU51P724 | Long             | DBT              | CORP              | US        |    775000 | PA      | $787004.75    | 0.34%             | 2033-06-30      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Wesco Distribution, Inc.                                                                         | WCC 6 3/8 03/15/33                   | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    762000 | PA      | $796818.83    | 0.35%             | 2033-03-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Ally Financial Inc.                                                                              | ALLY 6.7 02/14/33                    | CUSIP: 02005NBS8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   1189000 | PA      | $1239637.05   | 0.54%             | 2033-02-14      | Fixed         | 6.70%                 | No            | 2                  | On Loan: —       |
| Station Casinos LLC                                                                              | RRR 6 5/8 03/15/32                   | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |   1169000 | PA      | $1188016.12   | 0.52%             | 2032-03-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Star Leasing Co LLC                                                                              | TRAILR 7 5/8 02/15/30                | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |   1014000 | PA      | $958781.41    | 0.42%             | 2030-02-15      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 5 7/8 02/15/28                   | CUSIP: 013092AB7<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    506000 | PA      | $507160.26    | 0.22%             | 2028-02-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Avis Budget Car Rental LLC/Avis Budget Finance Inc.                                              | CAR 8 1/4 01/15/30                   | CUSIP: 053773BJ5<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |    500000 | PA      | $511507.50    | 0.22%             | 2030-01-15      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: —       |
| Sunrise Finco l B.V                                                                              | UPCB 4 7/8 07/15/31                  | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |   1225000 | PA      | $1169636.13   | 0.51%             | 2031-07-15      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: No      |
| Nabors Industries, Inc.                                                                          | NBR 7 3/8 05/15/27                   | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    448000 | PA      | $455023.30    | 0.20%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Brinker International, Inc.                                                                      | EAT 8 1/4 07/15/30                   | CUSIP: 109641AK6<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |    740000 | PA      | $784343.02    | 0.34%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           | 2                  | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                                                        | STX 5 3/4 12/01/34                   | CUSIP: 81180LAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    550000 | PA      | $563291.85    | 0.24%             | 2034-12-01      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Cable One Inc                                                                                    | CABO 4 11/15/30                      | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   1166000 | PA      | $924162.04    | 0.40%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: —       |
| CSC Holdings, LLC                                                                                | CSCHLD 4 1/8 12/01/30                | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    540000 | PA      | $332954.87    | 0.14%             | 2030-12-01      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: —       |
| ATI Inc                                                                                          | ATI 4 7/8 10/01/29                   | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |   1031000 | PA      | $1028430.44   | 0.45%             | 2029-10-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | GEL 8 7/8 04/15/30                   | CUSIP: 37185LAN2<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    899000 | PA      | $948052.14    | 0.41%             | 2030-04-15      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| Grubhub Holdings Inc                                                                             | GRUB 13 07/31/30                     | CUSIP: 40010PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1264655 | PA      | $1078232.21   | 0.47%             | 2030-07-31      | Fixed         | 13.00%                | Yes           | 2                  | On Loan: —       |
| CSC Holdings, LLC                                                                                | CSCHLD 6 1/2 02/01/29                | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $921358.36    | 0.40%             | 2029-02-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Sirius Xm Radio Inc                                                                              | SIRI 4 07/15/28                      | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1215000 | PA      | $1180794.83   | 0.51%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                 | TEVA 7 7/8 09/15/29                  | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    775000 | PA      | $848357.63    | 0.37%             | 2029-09-15      | Fixed         | 7.88%                 | No            | 2                  | On Loan: No      |
| Bread Financial Holdings Inc                                                                     | BFH 9 3/4 03/15/29                   | CUSIP: 018581AP3<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    471000 | PA      | $503026.59    | 0.22%             | 2029-03-15      | Fixed         | 9.75%                 | Yes           | 2                  | On Loan: No      |
| Kodiak Gas Services LLC                                                                          | KGS 6 1/2 10/01/33                   | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    262000 | PA      | $268680.74    | 0.12%             | 2033-10-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Block Inc                                                                                        | XYZ 6 08/15/33                       | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    180000 | PA      | $184193.64    | 0.08%             | 2033-08-15      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Talos Prodtn Inc                                                                                 | TALO 9 02/01/29                      | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    114000 | PA      | $117297.79    | 0.05%             | 2029-02-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Sunoco LP                                                                                        | SUN 7 1/4 05/01/32                   | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    390000 | PA      | $411501.90    | 0.18%             | 2032-05-01      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Sunoco LP                                                                                        | SUN 5 7/8 03/15/34                   | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    615000 | PA      | $615312.37    | 0.27%             | 2034-03-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| California Buyer Ltd.                                                                            | AY 6 3/8 02/15/32                    | CUSIP: 13005HAA8<br>LEI: 254900V5SMQ1UP1CLC26 | Long             | DBT              | CORP              | GB        |    435000 | PA      | $439801.10    | 0.19%             | 2032-02-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| CSC Holdings, LLC                                                                                | CSCHLD 11 3/4 01/31/29               | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    450000 | PA      | $355663.93    | 0.15%             | 2029-01-31      | Fixed         | 11.75%                | Yes           | 2                  | On Loan: No      |
| Consolidated Energy Finance S.A.                                                                 | CONSEN 5 5/8 10/15/28                | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   1500000 | PA      | $1026120.00   | 0.45%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: —       |
| Hilton Grand Vacations Borrower Escrow LLC/ Hilton Grand Vacations Borrower Escrow Inc           | HGVLLC 4 7/8 07/01/31                | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1008588.45   | 0.44%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: —       |
| Altice Financing S.A.                                                                            | ALTICE 5 01/15/28                    | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   2886000 | PA      | $2153942.23   | 0.94%             | 2028-01-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Verde Purchaser LLC                                                                              | VRTV 10 1/2 11/30/30                 | CUSIP: 92339LAA0<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1078391.34   | 0.47%             | 2030-11-30      | Fixed         | 10.50%                | Yes           | 2                  | On Loan: No      |
| Crescent Energy Finance LLC                                                                      | CRGYFN 7 5/8 04/01/32                | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    500000 | PA      | $485117.43    | 0.21%             | 2032-04-01      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Mineral Resources Ltd.                                                                           | MINAU 7 04/01/31                     | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    227000 | PA      | $235161.56    | 0.10%             | 2031-04-01      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Genesis Energy LP & Genesis Energy Finance Corp.                                                 | GEL 8 05/15/33                       | CUSIP: 37185LAR3<br>LEI: 549300VJ5D6MDK138782 | Long             | DBT              | CORP              | US        |    530000 | PA      | $548014.70    | 0.24%             | 2033-05-15      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                                                             | NOVHOL 6 3/4 04/15/32                | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     70000 | PA      | $70264.25     | 0.03%             | 2032-04-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| ION Platform Finance S.a r.l. / ION Platform Finance US Inc.                                     | IONPLA 7 7/8 09/30/32                | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | LU        |    480000 | PA      | $468976.83    | 0.20%             | 2032-09-30      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: No      |
| EZCORP Inc.                                                                                      | EZPW 7 3/8 04/01/32                  | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    563000 | PA      | $596890.91    | 0.26%             | 2032-04-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Hertz Corp.                                                                                      | HTZ 4 5/8 12/01/26                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    512000 | PA      | $497492.74    | 0.22%             | 2026-12-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                               | VEGLPL 7 3/4 05/01/35                | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    681000 | PA      | $768889.18    | 0.33%             | 2035-05-01      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                          | HILCRP 5 3/4 02/01/29                | CUSIP: 431318AU8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    615000 | PA      | $603720.22    | 0.26%             | 2029-02-01      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: —       |
| Greystar Real Estate Partners LLC                                                                | GRSTAR 7 3/4 09/01/30                | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |    613000 | PA      | $648660.05    | 0.28%             | 2030-09-01      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Insulet Corporation                                                                              | PODD 6 1/2 04/01/33                  | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    920000 | PA      | $959540.68    | 0.42%             | 2033-04-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Crescent Energy Finance LLC                                                                      | CRGYFN 7 3/8 01/15/33                | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    502000 | PA      | $475341.89    | 0.21%             | 2033-01-15      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 5 1/2 03/31/31                   | CUSIP: 01309QAC2<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111009.19    | 0.05%             | 2031-03-31      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Cloud Software Group Inc.                                                                        | TIBX 6 5/8 08/15/33                  | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    795000 | PA      | $797516.64    | 0.35%             | 2033-08-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 6 3/4 02/01/32                  | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1265000 | PA      | $1300990.52   | 0.57%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 7 3/4 02/15/29                  | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    936000 | PA      | $1000984.61   | 0.43%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 6 3/8 09/01/29                  | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $211738.17    | 0.09%             | 2029-09-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Rogers Communications Inc.                                                                       | RCICN 7 04/15/55                     | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    245000 | PA      | $256924.15    | 0.11%             | 2055-04-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Archrock Partners LP/Archrock Partners Finance Corp                                              | APLP 6 5/8 09/01/32                  | CUSIP: 03959KAD2<br>LEI: 549300YFKOM2XNCKQU76 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1049306.64   | 0.46%             | 2032-09-01      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Travel Plus Leisure Co                                                                           | TNL 6 1/8 09/01/33                   | CUSIP: 894164AC6<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    726000 | PA      | $734335.21    | 0.32%             | 2033-09-01      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Maya S.A.S.                                                                                      | ILDFP 7 04/15/32                     | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |   2076000 | PA      | $2127007.32   | 0.92%             | 2032-04-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| Shift4 Payments Llc / Shift4 Payments Finance Subordinated Incorporated                          | FOUR 6 3/4 08/15/32                  | CUSIP: 82453AAB3<br>LEI: 254900GTEMR7L40VPI74 | Long             | DBT              | CORP              | US        |    724000 | PA      | $747081.84    | 0.32%             | 2032-08-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Bell Canada                                                                                      | BCECN 7 09/15/55                     | CUSIP: 0778FPAQ2<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |    445000 | PA      | $468116.42    | 0.20%             | 2055-09-15      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Boost Newco Borrower LLC                                                                         | WRLDPY 7 1/2 01/15/31                | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |    710000 | PA      | $754566.70    | 0.33%             | 2031-01-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Paramount Global                                                                                 | VIAC 6 1/4 02/28/57                  | CUSIP: 92553PBC5<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    508000 | PA      | $498431.82    | 0.22%             | 2057-02-28      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Kodiak Gas Services LLC                                                                          | KGS 6 3/4 10/01/35                   | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    268000 | PA      | $276169.98    | 0.12%             | 2035-10-01      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| ION Platform Finance S.a r.l. / ION Platform Finance US Inc.                                     | IONPLA 9 1/2 05/30/29                | CUSIP: 46206AAB8<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | LU        |    415000 | PA      | $424480.08    | 0.18%             | 2029-05-30      | Fixed         | 9.50%                 | Yes           | 2                  | On Loan: No      |
| Blackstone Mortgage Trust, Inc                                                                   | BXMT 7 3/4 12/01/29                  | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |   1096000 | PA      | $1155475.54   | 0.50%             | 2029-12-01      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Tibco Software Inc                                                                               | TIBX 6 1/2 03/31/29                  | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1132000 | PA      | $1141852.93   | 0.50%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd.                                                             | FMGAU 4 3/8 04/01/31                 | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   1103000 | PA      | $1067368.69   | 0.46%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Standard Building Solutions Inc.                                                                 | BMCAUS 3 3/8 01/15/31                | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1349000 | PA      | $1229671.64   | 0.53%             | 2031-01-15      | Fixed         | 3.38%                 | Yes           | 2                  | On Loan: No      |
| Paramount Global                                                                                 | PARA 6 3/8 03/30/62                  | CUSIP: 92556HAE7<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |    874000 | PA      | $862856.59    | 0.37%             | 2062-03-30      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Equipmentshare Com Inc.                                                                          | EQMSRM 8 03/15/33                    | CUSIP: 29450YAC3<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    392000 | PA      | $389371.09    | 0.17%             | 2033-03-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                 | TEVA 6 12/01/32                      | CUSIP: 88167AAT8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    900000 | PA      | $940079.70    | 0.41%             | 2032-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| VM Consolidated Inc.                                                                             | AMETRA 5 1/2 04/15/29                | CUSIP: 91835HAA0<br>LEI: 549300GCTGJLEBXJUK89 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1046382.23   | 0.45%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| First American Funds Inc.                                                                        | FRST AM-GV OB-Z                      | CUSIP: 31846V567<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |  13254707 | PA      | $13254707.45  | 5.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Atlantica Sustainable Infrastructure Ltd.                                                        | AY 4 1/8 06/15/28                    | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    533000 | PA      | $516320.19    | 0.22%             | 2028-06-15      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands IV B.V.                                                  | TEVA 5 3/4 12/01/30                  | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    450000 | PA      | $465543.90    | 0.20%             | 2030-12-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Equipmentshare Com Inc.                                                                          | EQMSRM 8 5/8 05/15/32                | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   1106000 | PA      | $1117789.96   | 0.49%             | 2032-05-15      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Air Canada                                                                                       | ACACN 3 7/8 08/15/26                 | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    575000 | PA      | $570963.73    | 0.25%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| HAT Holdings I LLC and HAT Holdings II LLC                                                       | HASI 3 3/8 06/15/26                  | CUSIP: 418751AE3<br>LEI: 254900YE1WH1XG7Y4E44 | Long             | DBT              | CORP              | US        |     93000 | PA      | $92105.63     | 0.04%             | 2026-06-15      | Fixed         | 3.38%                 | Yes           | 2                  | On Loan: No      |
| Delek Logistics Partners LP/ Delek Logistics Finance Corp.                                       | DKL 8 5/8 03/15/29                   | CUSIP: 24665FAD4<br>LEI: 549300UVYITDIU51P724 | Long             | DBT              | CORP              | US        |    560000 | PA      | $584768.24    | 0.25%             | 2029-03-15      | Fixed         | 8.62%                 | Yes           | 2                  | On Loan: No      |
| Select Medical Corporation                                                                       | SEM 6 1/4 12/01/32                   | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    985000 | PA      | $1000229.09   | 0.43%             | 2032-12-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: —       |
| American Axle & Manufacturing, Inc.                                                              | AXL 7 3/4 10/15/33                   | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    595000 | PA      | $595341.29    | 0.26%             | 2033-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Air Lease Corporation                                                                            | AL 4.65 PERP                         | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    536000 | PA      | $530870.64    | 0.23%             | 2170-06-15      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                                         | FLTR 5 7/8 06/04/31                  | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   1155000 | PA      | $1170159.38   | 0.51%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| Zayo Group Holdings Inc                                                                          | ZAYO 9 1/4 03/09/30                  | CUSIP: 98919VAC9<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    181802 | PA      | $172945.52    | 0.08%             | 2030-03-09      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| WEX Inc                                                                                          | WEX 6 1/2 03/15/33                   | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |    964000 | PA      | $986805.35    | 0.43%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Cleveland-Cliffs Inc                                                                             | CLF 7 03/15/32                       | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    950000 | PA      | $972202.45    | 0.42%             | 2032-03-15      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: —       |
| Petsmart LLC / Petsmart Financial Corp.                                                          | PETM 7 1/2 09/15/32                  | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    320000 | PA      | $319531.46    | 0.14%             | 2032-09-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Perrigo Finance Unlimited Co.                                                                    | PRGO 6 1/8 09/30/32                  | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |   1610000 | PA      | $1625438.29   | 0.71%             | 2032-09-30      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Mattamy Group Corp                                                                               | MATHOM 5 1/4 12/15/27                | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    361000 | PA      | $359850.47    | 0.16%             | 2027-12-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Raising Canes Restaurants LLC                                                                    | RZNCAN 9 3/8 05/01/29                | CUSIP: 75103AAA3<br>LEI: 254900V6ADXFWHYOED66 | Long             | DBT              | CORP              | US        |    510000 | PA      | $533908.80    | 0.23%             | 2029-05-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| Clean Harbors, Inc.                                                                              | CLH 5 3/4 10/15/33                   | CUSIP: 184496AR8<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    475000 | PA      | $485556.53    | 0.21%             | 2033-10-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| NRG Energy, Inc.                                                                                 | NRG 5 3/4 01/15/34                   | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201715.82    | 0.09%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Rogers Communications Inc.                                                                       | RCICN 7 1/8 04/15/55                 | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |    867000 | PA      | $927998.31    | 0.40%             | 2055-04-15      | Fixed         | 7.12%                 | No            | 2                  | On Loan: —       |
| Royal Caribbean Group                                                                            | RCL 6 02/01/33                       | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1675000 | PA      | $1717299.36   | 0.75%             | 2033-02-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| LifePoint Health, Inc                                                                            | RGCARE 9 7/8 08/15/30                | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    350000 | PA      | $378252.00    | 0.16%             | 2030-08-15      | Fixed         | 9.88%                 | Yes           | 2                  | On Loan: No      |
| Credit Acceptance Corporation of Michigan                                                        | CACC 6 5/8 03/15/30                  | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    463000 | PA      | $463182.89    | 0.20%             | 2030-03-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Open Text Corp                                                                                   | OTEXCN 3 7/8 12/01/29                | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    636000 | PA      | $602532.73    | 0.26%             | 2029-12-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Civitas Resources Inc                                                                            | CIVI 9 5/8 06/15/33                  | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    485000 | PA      | $520763.90    | 0.23%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           | 2                  | On Loan: No      |
| Belo Corp.                                                                                       | TGNA 7 3/4 06/01/27                  | CUSIP: 080555AE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    740000 | PA      | $775527.40    | 0.34%             | 2027-06-01      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| Match Group Holdings II LLC                                                                      | MTCH 4 1/8 08/01/30                  | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    588000 | PA      | $554738.25    | 0.24%             | 2030-08-01      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| WarnerMedia Holdings Inc.                                                                        | WBD 5.05 03/15/42                    | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1165000 | PA      | $936438.65    | 0.41%             | 2042-03-15      | Fixed         | 5.05%                 | No            | 2                  | On Loan: No      |
| QXO Building Products Inc.                                                                       | QXO 6 3/4 04/30/32                   | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    518000 | PA      | $537488.71    | 0.23%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| American Airlines, Inc.                                                                          | AAL 8 1/2 05/15/29                   | CUSIP: 023771T40<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1184959.30   | 0.51%             | 2029-05-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: —       |
| Sotera Health Holdings LLC                                                                       | STENOR 7 3/8 06/01/31                | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |    874000 | PA      | $919579.10    | 0.40%             | 2031-06-01      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Ingram Micro Inc.                                                                                | IM 4 3/4 05/15/29                    | CUSIP: 45258LAA5<br>LEI: 549300KJMEWPKRQZHX63 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1006962.16   | 0.44%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Methanex Corporation                                                                             | MXCN 5 1/8 10/15/27                  | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    435000 | PA      | $436315.88    | 0.19%             | 2027-10-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 5 3/4 03/31/34                   | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |     88000 | PA      | $88611.60     | 0.04%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| MoneyGram International Inc.                                                                     | MGI 9 06/01/30                       | CUSIP: 606950AA1<br>LEI: 5299002DLX0Q04KC4156 | Long             | DBT              | CORP              | US        |   1470000 | PA      | $1225937.08   | 0.53%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 5 02/01/28                      | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    378000 | PA      | $374535.29    | 0.16%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance Inc.             | BRP 7 1/8 05/15/31                   | CUSIP: 05825XAA7<br>LEI: 5493004GCDREAQPPYG20 | Long             | DBT              | CORP              | US        |    605000 | PA      | $621362.23    | 0.27%             | 2031-05-15      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 6 1/4 09/15/33                  | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     30000 | PA      | $30363.86     | 0.01%             | 2033-09-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Stonepeak Nile Parent LLC                                                                        | ATSG 7 1/4 03/15/32                  | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $1074315.59   | 0.47%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Sirius Xm Radio Inc                                                                              | SIRI 3 7/8 09/01/31                  | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    320000 | PA      | $290619.10    | 0.13%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| United Air Lines, Inc.                                                                           | UAL 4 5/8 04/15/29                   | CUSIP: 90932LAH0<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | DBT              | CORP              | US        |    520000 | PA      | $515343.24    | 0.22%             | 2029-04-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                                                             | NOVHOL 8 3/4 04/15/30                | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1253771.25   | 0.54%             | 2030-04-15      | Fixed         | 8.75%                 | Yes           | 2                  | On Loan: No      |
| Sunoco LP                                                                                        | SUN 5 5/8 03/15/31                   | CUSIP: 86765KAF6<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    120000 | PA      | $120144.00    | 0.05%             | 2031-03-15      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Univision Communications Inc.                                                                    | UVN 7 3/8 06/30/30                   | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    421000 | PA      | $422807.77    | 0.18%             | 2030-06-30      | Fixed         | 7.38%                 | Yes           | 2                  | On Loan: No      |
| Mineral Resources Ltd.                                                                           | MINAU 9 1/4 10/01/28                 | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    500000 | PA      | $524874.00    | 0.23%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: —       |
| Hertz Corp.                                                                                      | HTZ 12 5/8 07/15/29                  | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    445000 | PA      | $440982.68    | 0.19%             | 2029-07-15      | Fixed         | 12.62%                | Yes           | 2                  | On Loan: —       |
| Bread Financial Holdings Inc                                                                     | BFH 6 3/4 05/15/31                   | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    539000 | PA      | $542652.80    | 0.24%             | 2031-05-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| TTM Technologies Inc                                                                             | TTMI 4 03/01/29                      | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $996383.99    | 0.43%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 6 1/4 03/15/33                   | CUSIP: 01309QAB4<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    730000 | PA      | $751329.14    | 0.33%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Sable International Finance Limited                                                              | CWCLN 7 1/8 10/15/32                 | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |    254000 | PA      | $254401.57    | 0.11%             | 2032-10-15      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Minerals Technologies Inc.                                                                       | MTX 5 07/01/28                       | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    961000 | PA      | $950409.78    | 0.41%             | 2028-07-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Match Group Holdings II LLC                                                                      | MTCHII 3 5/8 10/01/31                | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    201000 | PA      | $182290.26    | 0.08%             | 2031-10-01      | Fixed         | 3.62%                 | Yes           | 2                  | On Loan: No      |
| Edgewell Personal Care Co                                                                        | EPC 4 1/8 04/01/29                   | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1188483.25   | 0.52%             | 2029-04-01      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| NGL Energy Operating LLC/ NGL Energy Finance Corp                                                | NGL 8 3/8 02/15/32                   | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    686000 | PA      | $702111.40    | 0.30%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| Nustar Logistics, L.P.                                                                           | NSUS 6 3/8 10/01/30                  | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    554000 | PA      | $577364.95    | 0.25%             | 2030-10-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| Talos Prodtn Inc                                                                                 | TALO 9 3/8 02/01/31                  | CUSIP: 87485LAE4<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    805000 | PA      | $823907.84    | 0.36%             | 2031-02-01      | Fixed         | 9.38%                 | Yes           | 2                  | On Loan: No      |
| Concentra Health Services Inc.                                                                   | CONCEN 6 7/8 07/15/32                | CUSIP: 20600DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1223000 | PA      | $1277137.32   | 0.55%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: —       |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                          | HILCRP 7 1/4 02/15/35                | CUSIP: 431318BG8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    795000 | PA      | $767086.91    | 0.33%             | 2035-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Organon & Co                                                                                     | OGN 5 1/8 04/30/31                   | CUSIP: 68622TAB7<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |   1189000 | PA      | $913451.05    | 0.40%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Virgin Media Finance PLC                                                                         | VMED 5 07/15/30                      | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |   1105000 | PA      | $988535.10    | 0.43%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: —       |
| AESI 5 01/31/26                                                                                  | AESI 5 01/31/26                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              |  | US        |     69688 | PA      | $68642.35     | 0.03%             | 2026-01-31      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Zayo Group Holdings Inc                                                                          | ZAYO 13 3/4 09/09/30                 | CUSIP: 98919VAD7<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   1227054 | PA      | $1120938.37   | 0.49%             | 2030-09-09      | Fixed         | 9.00%                 | Yes           | 2                  | On Loan: No      |
| Gen Digital Inc                                                                                  | GEN 7 1/8 09/30/30                   | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    606000 | PA      | $626732.47    | 0.27%             | 2030-09-30      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| ViaSat, Inc.                                                                                     | VSAT 7 1/2 05/30/31                  | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    877000 | PA      | $824213.98    | 0.36%             | 2031-05-30      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Focus Financial Partners LLC                                                                     | FOCS 6 3/4 08/15/31                  | CUSIP: 34417VAA5<br>LEI: 5493007L0E0VKRC2CP39 | Long             | DBT              | CORP              | US        |    985000 | PA      | $1015701.47   | 0.44%             | 2031-08-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Cushman & Wakefield U S Borrower LLC                                                             | CWK 6 3/4 05/15/28                   | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |   1019000 | PA      | $1027884.66   | 0.45%             | 2028-05-15      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Crescent Energy Finance LLC                                                                      | CRGYFN 8 3/8 01/15/34                | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    225000 | PA      | $220282.88    | 0.10%             | 2034-01-15      | Fixed         | 8.38%                 | Yes           | 2                  | On Loan: No      |
| NCL Corporation Ltd.                                                                             | NCLH 5 7/8 01/15/31                  | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |     72000 | PA      | $72010.63     | 0.03%             | 2031-01-15      | Fixed         | 5.88%                 | Yes           | 2                  | On Loan: No      |
| C&S Group Enterprises LLC                                                                        | CSWHOL 5 12/15/28                    | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1036000 | PA      | $946096.84    | 0.41%             | 2028-12-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Crown Americas LLC                                                                               | CCK 5 1/4 04/01/30                   | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    529000 | PA      | $537507.38    | 0.23%             | 2030-04-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: —       |
| Carnival Corporation                                                                             | CCL 6 05/01/29                       | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1517000 | PA      | $1539755.00   | 0.67%             | 2029-05-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Carnival Corporation                                                                             | CCL 5 3/4 08/01/32                   | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    255000 | PA      | $262498.02    | 0.11%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                         | JANEST 7 1/8 04/30/31                | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |    716000 | PA      | $751883.36    | 0.33%             | 2031-04-30      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| Mineral Resources Ltd.                                                                           | MINAU 8 1/2 05/01/30                 | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   1424000 | PA      | $1485646.38   | 0.65%             | 2030-05-01      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: —       |
| Howden UK Refinance PLC & Howden US Refinance LLC                                                | HWDGRP 7 1/4 02/15/31                | CUSIP: 44287GAA4<br>LEI: 87550008DPN8BDG67910 | Long             | DBT              | CORP              | GB        |   1150000 | PA      | $1186160.60   | 0.52%             | 2031-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Carnival Corporation                                                                             | CCL 6 1/8 02/15/33                   | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    991000 | PA      | $1021532.71   | 0.44%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           | 2                  | On Loan: No      |
| Murphy Oil USA Inc                                                                               | MUSA 4 3/4 09/15/29                  | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    935000 | PA      | $924995.97    | 0.40%             | 2029-09-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Howard Midstream Energy Partners Llc                                                             | HOWMID 6 5/8 01/15/34                | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $185653.44    | 0.08%             | 2034-01-15      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Starwood Property Trust, Inc.                                                                    | STWD 6 1/2 07/01/30                  | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1171365.75   | 0.51%             | 2030-07-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Albertsons Safeway LLC) | ACI 5 3/4 03/31/34                   | CUSIP: 01309QAD0<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |    275000 | PA      | $276278.75    | 0.12%             | 2034-03-31      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Cleveland-Cliffs Inc                                                                             | CLF 7 5/8 01/15/34                   | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    735000 | PA      | $764485.68    | 0.33%             | 2034-01-15      | Fixed         | 7.62%                 | Yes           | 2                  | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc.                                                      | ARI 4 5/8 06/15/29                   | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |   1405000 | PA      | $1353652.45   | 0.59%             | 2029-06-15      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: —       |
| GoEasy Limited                                                                                   | GSYCN 6 7/8 05/15/30                 | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    940000 | PA      | $921032.02    | 0.40%             | 2030-05-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: —       |
| VMED O2 UK Financing I PLC                                                                       | VMED 7 3/4 04/15/32                  | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    939000 | PA      | $974527.07    | 0.42%             | 2032-04-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| ITT Holdings LLC                                                                                 | INTMAT 6 1/2 08/01/29                | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   1935000 | PA      | $1875842.41   | 0.81%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Magnera Corp.                                                                                    | MAGN 4 3/4 11/15/29                  | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    888000 | PA      | $740566.96    | 0.32%             | 2029-11-15      | Fixed         | 4.75%                 | Yes           | 2                  | On Loan: No      |
| Credit Acceptance Corporation of Michigan                                                        | CACC 9 1/4 12/15/28                  | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $629997.00    | 0.27%             | 2028-12-15      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| WBI Operations LLC                                                                               | WBI 6 1/2 10/15/33                   | CUSIP: 92944BAB7<br>LEI: 254900A83461EGRMOV11 | Long             | DBT              | CORP              | US        |    455000 | PA      | $454984.08    | 0.20%             | 2033-10-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| American Axle & Manufacturing, Inc.                                                              | AXL 6 3/8 10/15/32                   | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    670000 | PA      | $672310.83    | 0.29%             | 2032-10-15      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Excelerate Energy LP                                                                             | EXCENE 8 05/15/30                    | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |   1290000 | PA      | $1362536.70   | 0.59%             | 2030-05-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| N/A                                                                                              | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| WBI Operations LLC                                                                               | WBI 6 1/4 10/15/30                   | CUSIP: 92944BAA9<br>LEI: 254900A83461EGRMOV11 | Long             | DBT              | CORP              | US        |    650000 | PA      | $650451.75    | 0.28%             | 2030-10-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Maya S.A.S.                                                                                      | ILDFP 8 1/2 04/15/31                 | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    223000 | PA      | $239809.74    | 0.10%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           | 2                  | On Loan: No      |
| Arbor Realty Senior Incorporated                                                                 | ABR 7 7/8 07/15/30                   | CUSIP: 03881NAJ6<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1373412.67   | 0.60%             | 2030-07-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: No      |
| Aircastle Limited                                                                                | AYR 5 1/4 PERP                       | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |   1220000 | PA      | $1214165.72   | 0.53%             | 2171-09-15      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Kodiak Gas Services LLC                                                                          | KGS 7 1/4 02/15/29                   | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    915000 | PA      | $950716.01    | 0.41%             | 2029-02-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Park River Holdings Inc                                                                          | PRIMBP 8 03/15/31                    | CUSIP: 70082LAC1<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |    755000 | PA      | $778429.16    | 0.34%             | 2031-03-15      | Fixed         | 8.00%                 | Yes           | 2                  | On Loan: No      |
| ION Platform Finance S.a r.l. / ION Platform Finance US Inc.                                     | IONPLA 5 3/4 05/15/28                | CUSIP: 46206AAA0<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | LU        |    417000 | PA      | $397770.54    | 0.17%             | 2028-05-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| LBM Acquisition LLC                                                                              | USLBMH 9 1/2 06/15/31                | CUSIP: 52109SAB5<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    695000 | PA      | $728881.25    | 0.32%             | 2031-06-15      | Fixed         | 9.50%                 | Yes           | 2                  | On Loan: No      |
| Harvest Midstream I LP                                                                           | HARMID 7 1/2 09/01/28                | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |   1322000 | PA      | $1342025.66   | 0.58%             | 2028-09-01      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Light & Wonder International Inc.                                                                | LNW 6 1/4 10/01/33                   | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    780000 | PA      | $778674.00    | 0.34%             | 2033-10-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Mattamy Group Corp                                                                               | MATHOM 4 5/8 03/01/30                | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    889000 | PA      | $862724.18    | 0.37%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| Medline Borrower LP                                                                              | MEDIND 3 7/8 04/01/29                | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1007000 | PA      | $979783.21    | 0.43%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Planet Financial Group LLC                                                                       | PLNFIN 10 1/2 12/15/29               | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1124000 | PA      | $1166413.02   | 0.51%             | 2029-12-15      | Fixed         | 10.50%                | Yes           | 2                  | On Loan: No      |
| Truist Insurance Holdings LLC & Panther Co-Issuer Inc.                                           | TIHLLC 7 1/8 06/01/31                | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    860000 | PA      | $889523.80    | 0.39%             | 2031-06-01      | Fixed         | 7.12%                 | Yes           | 2                  | On Loan: No      |
| HLF Financing SaRL LLC and Herbalife International Inc.                                          | HLF 4 7/8 06/01/29                   | CUSIP: 40390DAC9<br>LEI: ST81INWBFR1E54KGC135 | Long             | DBT              | CORP              | US        |   1448000 | PA      | $1278175.23   | 0.56%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           | 2                  | On Loan: —       |
| Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC                      | AMPBEV 3 1/4 09/01/28                | CUSIP: 03969YAA6<br>LEI: 635400FSFRHBFVPTP424 | Long             | DBT              | CORP              | IE        |   1639000 | PA      | $1565002.48   | 0.68%             | 2028-09-01      | Fixed         | 3.25%                 | Yes           | 2                  | On Loan: —       |
| Petsmart LLC / Petsmart Financial Corp.                                                          | PETM 10 09/15/33                     | CUSIP: 71677KAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $755049.00    | 0.33%             | 2033-09-15      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                                 | ALIANT 6 1/2 10/01/31                | CUSIP: 01883LAG8<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |    940000 | PA      | $965261.56    | 0.42%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Capstone Copper Corp                                                                             | CAPCOP 6 3/4 03/31/33                | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |    901000 | PA      | $933011.63    | 0.41%             | 2033-03-31      | Fixed         | 6.75%                 | Yes           | 2                  | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                                                        | STX 4 1/8 01/15/31                   | CUSIP: 81180LAN5<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    163000 | PA      | $153505.01    | 0.07%             | 2031-01-15      | Fixed         | 4.12%                 | Yes           | 2                  | On Loan: No      |
| Northern Oil And Gas, Inc.                                                                       | NOG 7 7/8 10/15/33                   | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    790000 | PA      | $770098.31    | 0.33%             | 2033-10-15      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: No      |
| Warrior Met Coal Inc                                                                             | HCC 7 7/8 12/01/28                   | CUSIP: 93627CAB7<br>LEI: 549300152B1S9YKBYV79 | Long             | DBT              | CORP              | US        |    255000 | PA      | $259894.73    | 0.11%             | 2028-12-01      | Fixed         | 7.88%                 | Yes           | 2                  | On Loan: —       |
| Voyager Parent LLC                                                                               | EVRI 9 1/4 07/01/32                  | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1432029.69   | 0.62%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           | 2                  | On Loan: No      |
| Pattern Energy Operations LP / Pattern Energy Operations Inc                                     | PEGI 4 1/2 08/15/28                  | CUSIP: 70339PAA7<br>LEI: 254900P898KPCM50SP51 | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1536298.63   | 0.67%             | 2028-08-15      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| CCO Holdings, LLC/ CCO Holdings Capital Corp.                                                    | CHTR 4 1/4 01/15/34                  | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1017555.91   | 0.44%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           | 2                  | On Loan: —       |
| Strathcona Resources Ltd.                                                                        | STRCNA 6 7/8 08/01/26                | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |   1304000 | PA      | $1304867.16   | 0.57%             | 2026-08-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Walker & Dunlop Inc.                                                                             | WD 6 5/8 04/01/33                    | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    720000 | PA      | $737915.76    | 0.32%             | 2033-04-01      | Fixed         | 6.62%                 | Yes           | 2                  | On Loan: No      |
| Harvest Midstream I LP                                                                           | HARMID 7 1/2 05/15/32                | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    625000 | PA      | $648165.63    | 0.28%             | 2032-05-15      | Fixed         | 7.50%                 | Yes           | 2                  | On Loan: No      |
| Vistra Operations Co LLC                                                                         | VST 7 3/4 10/15/31                   | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1435000 | PA      | $1523780.58   | 0.66%             | 2031-10-15      | Fixed         | 7.75%                 | Yes           | 2                  | On Loan: No      |
| Banijay Entertainment S.A.S.                                                                     | BANIJA 8 1/8 05/01/29                | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |   1175000 | PA      | $1220429.03   | 0.53%             | 2029-05-01      | Fixed         | 8.12%                 | Yes           | 2                  | On Loan: No      |
| Cleveland-Cliffs Inc                                                                             | CLF 6 1/4 10/01/40                   | CUSIP: 18683KAC5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     95000 | PA      | $80958.16     | 0.04%             | 2040-10-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| GoEasy Limited                                                                                   | GSYCN 6 7/8 02/15/31                 | CUSIP: 380355AR8<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    255000 | PA      | $249342.86    | 0.11%             | 2031-02-15      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** Dunham Funds

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer