# EDGAR Filing Document

**Accession Number:** 0001227857
**File Stem:** 0000940400-26-026165
**Filing Date:** 2026-6
**Character Count:** 168326
**Document Hash:** b50aa58b7dee6a22269016d1c44951e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-026165.hdr.sgml**: 20260629

**ACCESSION NUMBER**: 0000940400-26-026165

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260629

**DATE AS OF CHANGE**: 20260629

**PERIOD START**: 20270131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus Convertible & Income Fund II
- **CENTRAL INDEX KEY:** 0001227857

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21338
- **FILM NUMBER:** 261132225

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** (866) 270-7598

**MAIL ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Virtus AllianzGI Convertible & Income Fund II
- **DATE OF NAME CHANGE:** 20210210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AllianzGI Convertible & Income Fund II
- **DATE OF NAME CHANGE:** 20130502

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AGIC Convertible & Income Fund II
- **DATE OF NAME CHANGE:** 20100825

## Nport-Ex

**VIRTUS Convertible & Income Fund II**

**SCHEDULE OF INVESTMENTS (Unaudited)**

**April 30, 2026**

($ reported in thousands)

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

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Convertible Bonds and Notes—85.6%** | **Convertible Bonds and Notes—85.6%** | **Convertible Bonds and Notes—85.6%** |
| **Aerospace & Defense—1.3%** | **Aerospace & Defense—1.3%** |  |
| &nbsp;&nbsp;&nbsp; AeroVironment, Inc. <br>0.000%, 7/15/30<br>| $900 | &nbsp;&nbsp; $913 |
| &nbsp;&nbsp;&nbsp; Intuitive Machines, Inc. 144A <br>2.500%, 10/1/30<sup>(1)</sup> <br>| 1435 | &nbsp;&nbsp; 3179 |
|  |  | &nbsp;&nbsp; 4092 |
| **Auto Manufacturers—1.1%** | **Auto Manufacturers—1.1%** |  |
| &nbsp;&nbsp;&nbsp; Rivian Automotive, Inc. <br>4.625%, 3/15/29<br>| 3190 | &nbsp;&nbsp; 3645 |
| **Biotechnology—3.4%** | **Biotechnology—3.4%** |  |
| Bridgebio Pharma, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>2.250%, 2/1/29 | 2010 | &nbsp;&nbsp; 2229 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.750%, 2/1/33<sup>(1)</sup> <br>| 325 | &nbsp;&nbsp; 323 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics, Inc. 144A <br>0.000%, 2/15/31<sup>(1)</sup> <br>| 3105 | &nbsp;&nbsp; 3016 |
| Ionis Pharmaceuticals, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>1.750%, 6/15/28 | 1020 | &nbsp;&nbsp; 1515 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.000%, 12/1/30<sup>(1)</sup> <br>| 1620 | &nbsp;&nbsp; 1680 |
| &nbsp;&nbsp;&nbsp; Ligand Pharmaceuticals, Inc. 144A <br>0.750%, 10/1/30<sup>(1)</sup> <br>| 1590 | &nbsp;&nbsp; 2132 |
|  |  | &nbsp;&nbsp; 10895 |
| **Commercial Services—3.4%** | **Commercial Services—3.4%** |  |
| &nbsp;&nbsp;&nbsp; Affirm Holdings, Inc. <br>0.750%, 12/15/29<sup>(2)</sup> <br>| 3075 | &nbsp;&nbsp; 3244 |
| &nbsp;&nbsp;&nbsp; Block, Inc. <br>0.250%, 11/1/27<br>| 3670 | &nbsp;&nbsp; 3446 |
| &nbsp;&nbsp;&nbsp; Global Payments, Inc. <br>1.500%, 3/1/31<sup>(2)</sup> <br>| 1910 | &nbsp;&nbsp; 1714 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments, Inc. <br>0.500%, 8/1/27<br>| 2590 | &nbsp;&nbsp; 2441 |
|  |  | &nbsp;&nbsp; 10845 |
| **Computers—11.9%** | **Computers—11.9%** |  |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. 144A <br>0.375%, 3/15/32<sup>(1)</sup> <br>| 2620 | &nbsp;&nbsp; 12827 |
| &nbsp;&nbsp;&nbsp; Parsons Corp. <br>2.625%, 3/1/29<br>| 910 | &nbsp;&nbsp; 894 |
| &nbsp;&nbsp;&nbsp; Seagate HDD Cayman <br>3.500%, 6/1/28<br>| 640 | &nbsp;&nbsp; 5213 |
| &nbsp;&nbsp;&nbsp; Western Digital Corp. <br>3.000%, 11/15/28<br>| 1540 | &nbsp;&nbsp; 17697 |
| &nbsp;&nbsp;&nbsp; Zscaler, Inc. 144A <br>0.000%, 7/15/28<sup>(1)(3)</sup> <br>| 1590 | &nbsp;&nbsp; 1442 |
|  |  | &nbsp;&nbsp; 38073 |
| **Diversified REITs—1.2%** | **Diversified REITs—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust LP 144A <br>1.875%, 11/15/29<sup>(1)</sup> <br>| 3410 | &nbsp;&nbsp; 3826 |
| **Electric Utilities—6.9%** | **Electric Utilities—6.9%** |  |
| &nbsp;&nbsp;&nbsp; FirstEnergy Corp. 144A <br>3.625%, 1/15/29<sup>(1)</sup> <br>| 2970 | &nbsp;&nbsp; 3245 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings, Inc. <br>3.000%, 3/1/27<br>| 5395 | &nbsp;&nbsp; 7841 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Electric Utilities—continued** | **Electric Utilities—continued** |  |
| &nbsp;&nbsp;&nbsp; Ormat Technologies, Inc. Series A 144A <br>1.500%, 3/15/31<sup>(1)</sup> <br>| $2895 | &nbsp;&nbsp; $3064 |
| &nbsp;&nbsp;&nbsp; Southern Co. (The) 144A <br>3.250%, 6/15/28<sup>(1)</sup> <br>| 3530 | &nbsp;&nbsp; 3588 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. 144A <br>3.375%, 6/1/28<sup>(1)</sup> <br>| 4115 | &nbsp;&nbsp; 4292 |
|  |  | &nbsp;&nbsp; 22030 |
| **Electronics—1.7%** | **Electronics—1.7%** |  |
| &nbsp;&nbsp;&nbsp; Mirion Technologies, Inc. 144A <br>0.250%, 6/1/30<sup>(1)</sup> <br>| 1355 | &nbsp;&nbsp; 1530 |
| &nbsp;&nbsp;&nbsp; OSI Systems, Inc. 144A <br>0.500%, 2/1/31<sup>(1)</sup> <br>| 3820 | &nbsp;&nbsp; 4080 |
|  |  | &nbsp;&nbsp; 5610 |
| **Energy-Alternate Sources—0.3%** | **Energy-Alternate Sources—0.3%** |  |
| &nbsp;&nbsp;&nbsp; Array Technologies, Inc. 144A <br>2.875%, 7/1/31<sup>(1)</sup> <br>| 850 | &nbsp;&nbsp; 1101 |
| **Engineering & Construction—1.1%** | **Engineering & Construction—1.1%** |  |
| &nbsp;&nbsp;&nbsp; Granite Construction, Inc. <br>3.250%, 6/15/30<br>| 1945 | &nbsp;&nbsp; 3579 |
| **Entertainment—4.0%** | **Entertainment—4.0%** |  |
| &nbsp;&nbsp;&nbsp; DraftKings Holdings, Inc. <br>0.000%, 3/15/28<sup>(3)</sup> <br>| 2085 | &nbsp;&nbsp; 1903 |
| &nbsp;&nbsp;&nbsp; IMAX Corp. 144A <br>0.750%, 11/15/30<sup>(1)(2)</sup> <br>| 2225 | &nbsp;&nbsp; 2485 |
| Live Nation Entertainment, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>2.875%, 1/15/30 | 6735 | &nbsp;&nbsp; 7499 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 2.875%, 10/15/31<sup>(1)</sup> <br>| 1035 | &nbsp;&nbsp; 1073 |
|  |  | &nbsp;&nbsp; 12960 |
| **Financial Services—4.7%** | **Financial Services—4.7%** |  |
| Coinbase Global, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>0.500%, 6/1/26 | 2920 | &nbsp;&nbsp; 2909 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.000%, 10/1/29<sup>(1)(3)</sup> <br>| 4750 | &nbsp;&nbsp; 4319 |
| &nbsp;&nbsp;&nbsp; Dave, Inc. 144A <br>0.000%, 4/1/31<sup>(1)</sup> <br>| 1660 | &nbsp;&nbsp; 2025 |
| &nbsp;&nbsp;&nbsp; Galaxy Digital Holdings LP 144A <br>0.500%, 5/1/31<sup>(1)</sup> <br>| 2880 | &nbsp;&nbsp; 2479 |
| &nbsp;&nbsp;&nbsp; SoFi Technologies, Inc. 144A <br>0.000%, 10/15/26<sup>(1)</sup> <br>| 1480 | &nbsp;&nbsp; 1504 |
| &nbsp;&nbsp;&nbsp; WisdomTree, Inc. 144A <br>4.625%, 8/15/30<sup>(1)</sup> <br>| 1505 | &nbsp;&nbsp; 1764 |
|  |  | &nbsp;&nbsp; 15000 |
| **Ground Transportation—0.2%** | **Ground Transportation—0.2%** |  |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. 144A <br>0.000%, 5/15/28<sup>(1)</sup> <br>| 515 | &nbsp;&nbsp; 562 |
| **Health Care REITs—2.6%** | **Health Care REITs—2.6%** |  |
| &nbsp;&nbsp;&nbsp; Welltower OP LLC 144A <br>3.125%, 7/15/29<sup>(1)</sup> <br>| 4815 | &nbsp;&nbsp; 8332 |
| **Healthcare-Products—3.2%** | **Healthcare-Products—3.2%** |  |
| &nbsp;&nbsp;&nbsp; Alphatec Holdings, Inc. <br>0.750%, 3/15/30<br>| 1320 | &nbsp;&nbsp; 1307 |

---

See Notes to Schedule of Investments

------

**VIRTUS Convertible & Income Fund II**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Healthcare-Products—continued** | **Healthcare-Products—continued** |  |
| &nbsp;&nbsp;&nbsp; Envista Holdings Corp. <br>1.750%, 8/15/28<br>| $2560 | &nbsp;&nbsp; $2547 |
| &nbsp;&nbsp;&nbsp; Guardant Health, Inc. 144A <br>0.000%, 5/15/33<sup>(1)</sup> <br>| 1895 | &nbsp;&nbsp; 1979 |
| &nbsp;&nbsp;&nbsp; Tandem Diabetes Care, Inc. <br>1.500%, 3/15/29<br>| 2655 | &nbsp;&nbsp; 2707 |
| &nbsp;&nbsp;&nbsp; TransMedics Group, Inc. <br>1.500%, 6/1/28<br>| 1260 | &nbsp;&nbsp; 1657 |
|  |  | &nbsp;&nbsp; 10197 |
| **Healthcare-Services—0.9%** | **Healthcare-Services—0.9%** |  |
| &nbsp;&nbsp;&nbsp; Alignment Healthcare, Inc. <br>4.250%, 11/15/29<br>| 1845 | &nbsp;&nbsp; 3051 |
| **Industrial REITs—0.7%** | **Industrial REITs—0.7%** |  |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty LP 144A <br>4.375%, 3/15/27<sup>(1)</sup> <br>| 2330 | &nbsp;&nbsp; 2322 |
| **Internet—1.5%** | **Internet—1.5%** |  |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd. <br>0.500%, 6/1/31<br>| 1065 | &nbsp;&nbsp; 1537 |
| &nbsp;&nbsp;&nbsp; DoorDash, Inc. 144A <br>0.000%, 5/15/30<sup>(1)</sup> <br>| 1590 | &nbsp;&nbsp; 1517 |
| &nbsp;&nbsp;&nbsp; Uber Technologies, Inc. <br>0.875%, 12/1/28<br>| 1410 | &nbsp;&nbsp; 1724 |
|  |  | &nbsp;&nbsp; 4778 |
| **Investment Companies—3.6%** | **Investment Companies—3.6%** |  |
| &nbsp;&nbsp;&nbsp; Cipher Digital, Inc. 144A <br>0.000%, 10/1/31<sup>(1)(2)</sup> <br>| 1470 | &nbsp;&nbsp; 2040 |
| &nbsp;&nbsp;&nbsp; IREN Ltd. 144A <br>0.000%, 7/1/31<sup>(1)(3)</sup> <br>| 2640 | &nbsp;&nbsp; 2283 |
| &nbsp;&nbsp;&nbsp; Riot Platforms, Inc. <br>0.750%, 1/15/30<br>| 1690 | &nbsp;&nbsp; 2410 |
| &nbsp;&nbsp;&nbsp; Terawulf, Inc. 144A <br>0.000%, 5/1/32<sup>(1)</sup> <br>| 3420 | &nbsp;&nbsp; 4668 |
|  |  | &nbsp;&nbsp; 11401 |
| **Leisure Time—1.0%** | **Leisure Time—1.0%** |  |
| &nbsp;&nbsp;&nbsp; NCL Corp., Ltd. 144A <br>0.750%, 9/15/30<sup>(1)</sup> <br>| 3345 | &nbsp;&nbsp; 3135 |
| **Machinery-Construction & Mining—2.8%** | **Machinery-Construction & Mining—2.8%** |  |
| &nbsp;&nbsp;&nbsp; Bloom Energy Corp. 144A <br>0.000%, 11/15/30<sup>(1)</sup> <br>| 3645 | &nbsp;&nbsp; 6345 |
| &nbsp;&nbsp;&nbsp; BWX Technologies, Inc. 144A <br>0.000%, 11/1/30<sup>(1)</sup> <br>| 2315 | &nbsp;&nbsp; 2505 |
|  |  | &nbsp;&nbsp; 8850 |
| **Mining—1.2%** | **Mining—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp. 144A <br>0.000%, 8/15/32<sup>(1)</sup> <br>| 1060 | &nbsp;&nbsp; 1263 |
| &nbsp;&nbsp;&nbsp; MP Materials Corp. 144A <br>3.000%, 3/1/30<sup>(1)</sup> <br>| 835 | &nbsp;&nbsp; 2634 |
|  |  | &nbsp;&nbsp; 3897 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Miscellaneous Manufacturing—0.8%** | **Miscellaneous Manufacturing—0.8%** |  |
| &nbsp;&nbsp;&nbsp; JBT Marel Corp. 144A <br>0.375%, 9/15/30<sup>(1)</sup> <br>| $2715 | &nbsp;&nbsp; $2552 |
| **Office REITs—0.5%** | **Office REITs—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Boston Properties LP 144A <br>2.000%, 10/1/30<sup>(1)</sup> <br>| 1575 | &nbsp;&nbsp; 1473 |
| **Oil, Gas & Consumable Fuels—3.0%** | **Oil, Gas & Consumable Fuels—3.0%** |  |
| &nbsp;&nbsp;&nbsp; Crescent Energy Co. 144A <br>2.750%, 3/15/31<sup>(1)</sup> <br>| 2155 | &nbsp;&nbsp; 2479 |
| &nbsp;&nbsp;&nbsp; Liberty Energy, Inc. 144A <br>0.000%, 3/1/31<sup>(1)</sup> <br>| 975 | &nbsp;&nbsp; 1173 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc. <br>3.625%, 4/15/29<br>| 2365 | &nbsp;&nbsp; 2507 |
| &nbsp;&nbsp;&nbsp; Solaris Energy Infrastructure, Inc. <br>0.250%, 10/1/31<br>| 2305 | &nbsp;&nbsp; 3521 |
|  |  | &nbsp;&nbsp; 9680 |
| **Pharmaceuticals—1.9%** | **Pharmaceuticals—1.9%** |  |
| &nbsp;&nbsp;&nbsp; Indivior Pharmaceuticals, Inc. 144A <br>0.625%, 3/15/31<sup>(1)</sup> <br>| 1485 | &nbsp;&nbsp; 1688 |
| &nbsp;&nbsp;&nbsp; Jazz Investments I Ltd. <br>3.125%, 9/15/30<sup>(2)</sup> <br>| 3035 | &nbsp;&nbsp; 4534 |
|  |  | &nbsp;&nbsp; 6222 |
| **Real Estate—0.5%** | **Real Estate—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Compass, Inc. 144A <br>0.250%, 4/15/31<sup>(1)</sup> <br>| 1705 | &nbsp;&nbsp; 1497 |
| **Retail—1.2%** | **Retail—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Burlington Stores, Inc. <br>1.250%, 12/15/27<br>| 1315 | &nbsp;&nbsp; 2139 |
| &nbsp;&nbsp;&nbsp; Freshpet, Inc. <br>3.000%, 4/1/28<br>| 1345 | &nbsp;&nbsp; 1651 |
|  |  | &nbsp;&nbsp; 3790 |
| **Semiconductors—7.0%** | **Semiconductors—7.0%** |  |
| &nbsp;&nbsp;&nbsp; Cohu, Inc. 144A <br>1.500%, 1/15/31<sup>(1)</sup> <br>| 1420 | &nbsp;&nbsp; 2707 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, Inc. <br>0.000%, 12/15/29<sup>(2)(3)</sup> <br>| 1950 | &nbsp;&nbsp; 3430 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. <br>0.750%, 6/1/30<sup>(2)</sup> <br>| 3285 | &nbsp;&nbsp; 3586 |
| &nbsp;&nbsp;&nbsp; MKS, Inc. <br>1.250%, 6/1/30<br>| 1940 | &nbsp;&nbsp; 3816 |
| &nbsp;&nbsp;&nbsp; ON Semiconductor Corp. <br>0.500%, 3/1/29<br>| 1705 | &nbsp;&nbsp; 2077 |
| &nbsp;&nbsp;&nbsp; Semtech Corp. 144A <br>0.000%, 10/15/30<sup>(1)(2)</sup> <br>| 1915 | &nbsp;&nbsp; 2556 |
| &nbsp;&nbsp;&nbsp; Synaptics, Inc. <br>0.750%, 12/1/31<br>| 1140 | &nbsp;&nbsp; 1401 |
| &nbsp;&nbsp;&nbsp; Ultra Clean Holdings, Inc. 144A <br>0.000%, 3/15/31<sup>(1)</sup> <br>| 2425 | &nbsp;&nbsp; 3002 |
|  |  | &nbsp;&nbsp; 22575 |
| **Software—9.7%** | **Software—9.7%** |  |
| Akamai Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>0.375%, 9/1/27 | 5030 | &nbsp;&nbsp; 5571 |

---

See Notes to Schedule of Investments

------

**VIRTUS Convertible & Income Fund II**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Software—continued** | **Software—continued** |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 0.250%, 5/15/33<sup>(1)</sup> <br>| $1145 | &nbsp;&nbsp; $1503 |
| &nbsp;&nbsp;&nbsp; BILL Holdings, Inc. <br>0.000%, 4/1/30<sup>(3)</sup> <br>| 2270 | &nbsp;&nbsp; 2010 |
| &nbsp;&nbsp;&nbsp; Cloudflare, Inc. <br>0.000%, 8/15/26<br>| 3280 | &nbsp;&nbsp; 3811 |
| &nbsp;&nbsp;&nbsp; CoreWeave, Inc. 144A <br>1.750%, 12/1/31<sup>(1)</sup> <br>| 4655 | &nbsp;&nbsp; 6031 |
| &nbsp;&nbsp;&nbsp; Datadog, Inc. <br>0.000%, 12/1/29<sup>(3)</sup> <br>| 4565 | &nbsp;&nbsp; 4590 |
| &nbsp;&nbsp;&nbsp; Nebius Group N.V. 144A <br>1.250%, 3/15/31<sup>(1)</sup> <br>| 2635 | &nbsp;&nbsp; 2924 |
| &nbsp;&nbsp;&nbsp; Snowflake, Inc. <br>0.000%, 10/1/29<br>| 355 | &nbsp;&nbsp; 416 |
| &nbsp;&nbsp;&nbsp; Strategy, Inc. <br>0.000%, 12/1/29<sup>(3)</sup> <br>| 4850 | &nbsp;&nbsp; 4190 |
|  |  | &nbsp;&nbsp; 31046 |
| **Telecommunications—1.5%** | **Telecommunications—1.5%** |  |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile, Inc. 144A <br>2.000%, 1/15/36<sup>(1)</sup> <br>| 2465 | &nbsp;&nbsp; 2504 |
| &nbsp;&nbsp;&nbsp; Viavi Solutions, Inc. 144A <br>0.625%, 3/1/31<sup>(1)</sup> <br>| 605 | &nbsp;&nbsp; 2358 |
|  |  | &nbsp;&nbsp; 4862 |
| **Transportation—0.8%** | **Transportation—0.8%** |  |
| &nbsp;&nbsp;&nbsp; Scorpio Tankers, Inc. 144A <br>1.750%, 4/15/31<sup>(1)(2)</sup> <br>| 2335 | &nbsp;&nbsp; 2616 |
| **Total Convertible Bonds and Notes** <br>**(Identified Cost $221,883)** | **Total Convertible Bonds and Notes** <br>**(Identified Cost $221,883)** | &nbsp;&nbsp; **274494** |
| **Corporate Bonds and Notes—43.5%** | **Corporate Bonds and Notes—43.5%** | **Corporate Bonds and Notes—43.5%** |
| **Aerospace & Defense—2.1%** | **Aerospace & Defense—2.1%** |  |
| &nbsp;&nbsp;&nbsp; AAR Escrow Issuer LLC 144A <br>6.750%, 3/15/29<sup>(1)</sup> <br>| 1400 | &nbsp;&nbsp; 1442 |
| &nbsp;&nbsp;&nbsp; Bombardier, Inc. 144A <br>6.750%, 6/15/33<sup>(1)</sup> <br>| 2330 | &nbsp;&nbsp; 2429 |
| TransDigm, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.750%, 1/31/34<sup>(1)</sup> <br>| 1540 | &nbsp;&nbsp; 1582 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.125%, 7/31/34<sup>(1)</sup> <br>| 1375 | &nbsp;&nbsp; 1377 |
|  |  | &nbsp;&nbsp; 6830 |
| **Auto Components—0.3%** | **Auto Components—0.3%** |  |
| &nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co. (The) <br>6.625%, 7/15/30<sup>(2)</sup> <br>| 990 | &nbsp;&nbsp; 980 |
| **Automotive Parts & Equipment—2.0%** | **Automotive Parts & Equipment—2.0%** |  |
| &nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd. 144A <br>7.500%, 2/15/33<sup>(1)</sup> <br>| 1565 | &nbsp;&nbsp; 1601 |
| &nbsp;&nbsp;&nbsp; American Axle & Manufacturing, Inc. 144A <br>7.750%, 10/15/33<sup>(1)</sup> <br>| 1495 | &nbsp;&nbsp; 1460 |
| &nbsp;&nbsp;&nbsp; Clarios Global LP 144A <br>6.750%, 9/15/32<sup>(1)</sup> <br>| 1120 | &nbsp;&nbsp; 1146 |
| &nbsp;&nbsp;&nbsp; Garrett Motion Holdings, Inc. 144A <br>7.750%, 5/31/32<sup>(1)</sup> <br>| 1080 | &nbsp;&nbsp; 1127 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Automotive Parts & Equipment—continued** | **Automotive Parts & Equipment—continued** |  |
| &nbsp;&nbsp;&nbsp; Tenneco, Inc. 144A <br>8.000%, 11/17/28<sup>(1)</sup> <br>| $1135 | &nbsp;&nbsp; $1148 |
|  |  | &nbsp;&nbsp; 6482 |
| **Banks—0.4%** | **Banks—0.4%** |  |
| &nbsp;&nbsp;&nbsp; WESCO Distribution, Inc. 144A <br>5.500%, 4/15/34<sup>(1)</sup> <br>| 1155 | &nbsp;&nbsp; 1152 |
| **Biotechnology—0.5%** | **Biotechnology—0.5%** |  |
| &nbsp;&nbsp;&nbsp; GENMAB A/S 144A <br>7.250%, 12/15/33<sup>(1)</sup> <br>| 1415 | &nbsp;&nbsp; 1475 |
| **Building Materials—1.4%** | **Building Materials—1.4%** |  |
| &nbsp;&nbsp;&nbsp; Ameritex Holdco Intermediate LLC 144A <br>7.625%, 8/15/33<sup>(1)</sup> <br>| 1025 | &nbsp;&nbsp; 1065 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc. 144A <br>6.375%, 6/15/32<sup>(1)(2)</sup> <br>| 1170 | &nbsp;&nbsp; 1178 |
| &nbsp;&nbsp;&nbsp; Quikrete Holdings, Inc. 144A <br>6.750%, 3/1/33<sup>(1)</sup> <br>| 2250 | &nbsp;&nbsp; 2282 |
|  |  | &nbsp;&nbsp; 4525 |
| **Chemicals—0.8%** | **Chemicals—0.8%** |  |
| &nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC <br>6.750%, 4/15/33<br>| 1135 | &nbsp;&nbsp; 1169 |
| &nbsp;&nbsp;&nbsp; Chemours Co. (The) 144A <br>7.875%, 3/15/34<sup>(1)</sup> <br>| 1455 | &nbsp;&nbsp; 1488 |
|  |  | &nbsp;&nbsp; 2657 |
| **Commercial Services—2.6%** | **Commercial Services—2.6%** |  |
| &nbsp;&nbsp;&nbsp; Avis Budget Car Rental LLC 144A <br>8.000%, 2/15/31<sup>(1)(2)</sup> <br>| 1165 | &nbsp;&nbsp; 1176 |
| &nbsp;&nbsp;&nbsp; Deluxe Corp. 144A <br>8.000%, 6/1/29<sup>(1)</sup> <br>| 760 | &nbsp;&nbsp; 769 |
| &nbsp;&nbsp;&nbsp; EquipmentShare.com, Inc. 144A <br>8.625%, 5/15/32<sup>(1)</sup> <br>| 1410 | &nbsp;&nbsp; 1496 |
| &nbsp;&nbsp;&nbsp; Herc Holdings, Inc. 144A <br>7.250%, 6/15/33<sup>(1)(2)</sup> <br>| 1820 | &nbsp;&nbsp; 1906 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC 144A <br>6.750%, 8/15/32<sup>(1)</sup> <br>| 1445 | &nbsp;&nbsp; 1442 |
| &nbsp;&nbsp;&nbsp; Williams Scotsman, Inc. 144A <br>6.625%, 4/15/30<sup>(1)</sup> <br>| 1550 | &nbsp;&nbsp; 1596 |
|  |  | &nbsp;&nbsp; 8385 |
| **Computers—1.1%** | **Computers—1.1%** |  |
| &nbsp;&nbsp;&nbsp; CACI International, Inc. 144A <br>6.375%, 6/15/33<sup>(1)</sup> <br>| 795 | &nbsp;&nbsp; 814 |
| &nbsp;&nbsp;&nbsp; McAfee Corp. 144A <br>7.375%, 2/15/30<sup>(1)</sup> <br>| 1200 | &nbsp;&nbsp; 972 |
| &nbsp;&nbsp;&nbsp; Seagate Data Storage Technology Pte Ltd. 144A <br>8.500%, 7/15/31<sup>(1)</sup> <br>| 1815 | &nbsp;&nbsp; 1901 |
|  |  | &nbsp;&nbsp; 3687 |
| **Containers & Packaging—0.8%** | **Containers & Packaging—0.8%** |  |
| &nbsp;&nbsp;&nbsp; Mauser Packaging Solutions Holding Co. 144A <br>7.875%, 4/15/30<sup>(1)</sup> <br>| 1495 | &nbsp;&nbsp; 1512 |

---

See Notes to Schedule of Investments

------

**VIRTUS Convertible & Income Fund II**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Containers & Packaging—continued** | **Containers & Packaging—continued** |  |
| &nbsp;&nbsp;&nbsp; Owens-Brockway Glass Container, Inc. 144A <br>7.250%, 5/15/31<sup>(1)(2)</sup> <br>| $1195 | &nbsp;&nbsp; $1142 |
|  |  | &nbsp;&nbsp; 2654 |
| **Diversified REITs—0.9%** | **Diversified REITs—0.9%** |  |
| Iron Mountain, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.000%, 2/15/29<sup>(1)</sup> <br>| 1175 | &nbsp;&nbsp; 1201 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.250%, 1/15/33<sup>(1)</sup> <br>| 1535 | &nbsp;&nbsp; 1559 |
|  |  | &nbsp;&nbsp; 2760 |
| **Electric Utilities—1.1%** | **Electric Utilities—1.1%** |  |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc. 144A <br>6.250%, 11/1/34<sup>(1)</sup> <br>| 1925 | &nbsp;&nbsp; 1947 |
| &nbsp;&nbsp;&nbsp; Talen Energy Supply LLC 144A <br>6.500%, 2/1/36<sup>(1)</sup> <br>| 1470 | &nbsp;&nbsp; 1476 |
|  |  | &nbsp;&nbsp; 3423 |
| **Electronic Equipment, Instruments & Components—0.2%** | **Electronic Equipment, Instruments & Components—0.2%** |  |
| &nbsp;&nbsp;&nbsp; WESCO Distribution, Inc. 144A <br>6.375%, 3/15/33<sup>(1)</sup> <br>| 740 | &nbsp;&nbsp; 764 |
| **Entertainment—1.3%** | **Entertainment—1.3%** |  |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc. 144A <br>6.000%, 10/15/32<sup>(1)(2)</sup> <br>| 1685 | &nbsp;&nbsp; 1510 |
| &nbsp;&nbsp;&nbsp; Churchill Downs, Inc. 144A <br>6.750%, 5/1/31<sup>(1)</sup> <br>| 790 | &nbsp;&nbsp; 808 |
| &nbsp;&nbsp;&nbsp; Light & Wonder International, Inc. 144A <br>6.250%, 10/1/33<sup>(1)</sup> <br>| 1155 | &nbsp;&nbsp; 1145 |
| &nbsp;&nbsp;&nbsp; Starz Capital Holdings 1, Inc. 144A <br>6.000%, 4/15/30<sup>(1)</sup> <br>| 735 | &nbsp;&nbsp; 695 |
|  |  | &nbsp;&nbsp; 4158 |
| **Environmental Services—0.6%** | **Environmental Services—0.6%** |  |
| &nbsp;&nbsp;&nbsp; GFL Environmental, Inc. 144A <br>6.750%, 1/15/31<sup>(1)</sup> <br>| 1100 | &nbsp;&nbsp; 1140 |
| &nbsp;&nbsp;&nbsp; Waste Pro USA, Inc. 144A <br>7.000%, 2/1/33<sup>(1)</sup> <br>| 745 | &nbsp;&nbsp; 759 |
|  |  | &nbsp;&nbsp; 1899 |
| **Financial Services—3.0%** | **Financial Services—3.0%** |  |
| Navient Corp. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>9.375%, 7/25/30<sup>(2)</sup> <br>| 490 | &nbsp;&nbsp; 509 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>7.875%, 6/15/32 | 845 | &nbsp;&nbsp; 813 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>7.125%, 11/15/31 | 755 | &nbsp;&nbsp; 766 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>7.125%, 9/15/32 | 1500 | &nbsp;&nbsp; 1521 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>6.750%, 9/15/33 | 780 | &nbsp;&nbsp; 767 |
| PennyMac Financial Services, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.875%, 12/15/29<sup>(1)</sup> <br>| 740 | &nbsp;&nbsp; 768 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.875%, 2/15/33<sup>(1)</sup> <br>| 765 | &nbsp;&nbsp; 752 |
| &nbsp;&nbsp;&nbsp; PRA Group, Inc. 144A <br>8.375%, 2/1/28<sup>(1)</sup> <br>| 785 | &nbsp;&nbsp; 797 |
| Rocket Cos., Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.125%, 2/1/32<sup>(1)</sup> <br>| 1420 | &nbsp;&nbsp; 1468 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.375%, 8/1/33<sup>(1)</sup> <br>| 1450 | &nbsp;&nbsp; 1468 |
|  |  | &nbsp;&nbsp; 9629 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Food & Beverage—1.2%** | **Food & Beverage—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Performance Food Group, Inc. 144A <br>6.125%, 9/15/32<sup>(1)</sup> <br>| $1515 | &nbsp;&nbsp; $1536 |
| Post Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.375%, 3/1/33<sup>(1)</sup> <br>| 1560 | &nbsp;&nbsp; 1559 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.250%, 10/15/34<sup>(1)</sup> <br>| 765 | &nbsp;&nbsp; 755 |
|  |  | &nbsp;&nbsp; 3850 |
| **Healthcare-Products—0.3%** | **Healthcare-Products—0.3%** |  |
| &nbsp;&nbsp;&nbsp; Insulet Corp. 144A <br>6.500%, 4/1/33<sup>(1)</sup> <br>| 830 | &nbsp;&nbsp; 847 |
| **Healthcare-Services—1.9%** | **Healthcare-Services—1.9%** |  |
| &nbsp;&nbsp;&nbsp; Concentra Health Services, Inc. 144A <br>6.875%, 7/15/32<sup>(1)</sup> <br>| 1585 | &nbsp;&nbsp; 1643 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc. 144A <br>6.750%, 7/15/33<sup>(1)</sup> <br>| 1505 | &nbsp;&nbsp; 1552 |
| &nbsp;&nbsp;&nbsp; Global Medical Response, Inc. 144A <br>7.375%, 10/1/32<sup>(1)</sup> <br>| 1230 | &nbsp;&nbsp; 1282 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. 144A <br>6.000%, 11/15/33<sup>(1)(2)</sup> <br>| 1580 | &nbsp;&nbsp; 1597 |
|  |  | &nbsp;&nbsp; 6074 |
| **Housewares—0.3%** | **Housewares—0.3%** |  |
| &nbsp;&nbsp;&nbsp; Newell Brands, Inc. 144A <br>8.500%, 6/1/28<sup>(1)</sup> <br>| 1085 | &nbsp;&nbsp; 1134 |
| **Insurance—1.3%** | **Insurance—1.3%** |  |
| Asurion LLC |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 8.000%, 12/31/32<sup>(1)</sup> <br>| 755 | &nbsp;&nbsp; 789 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 8.375%, 2/1/34<sup>(1)</sup> <br>| 1185 | &nbsp;&nbsp; 1169 |
| &nbsp;&nbsp;&nbsp; Panther Escrow Issuer LLC 144A <br>7.125%, 6/1/31<sup>(1)</sup> <br>| 2085 | &nbsp;&nbsp; 2095 |
|  |  | &nbsp;&nbsp; 4053 |
| **Internet—1.2%** | **Internet—1.2%** |  |
| &nbsp;&nbsp;&nbsp; Gen Digital, Inc. 144A <br>6.250%, 4/1/33<sup>(1)</sup> <br>| 2310 | &nbsp;&nbsp; 2251 |
| &nbsp;&nbsp;&nbsp; Snap, Inc. 144A <br>6.875%, 3/1/33<sup>(1)</sup> <br>| 780 | &nbsp;&nbsp; 759 |
| &nbsp;&nbsp;&nbsp; Wayfair LLC 144A <br>6.750%, 11/15/32<sup>(1)</sup> <br>| 770 | &nbsp;&nbsp; 779 |
|  |  | &nbsp;&nbsp; 3789 |
| **Iron & Steel—0.9%** | **Iron & Steel—0.9%** |  |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc. 144A <br>7.625%, 1/15/34<sup>(1)</sup> <br>| 1895 | &nbsp;&nbsp; 1914 |
| &nbsp;&nbsp;&nbsp; Commercial Metals Co. 144A <br>6.000%, 12/15/35<sup>(1)</sup> <br>| 1070 | &nbsp;&nbsp; 1069 |
|  |  | &nbsp;&nbsp; 2983 |
| **Leisure Time—1.1%** | **Leisure Time—1.1%** |  |
| &nbsp;&nbsp;&nbsp; Acushnet Co. 144A <br>5.625%, 12/1/33<sup>(1)</sup> <br>| 800 | &nbsp;&nbsp; 804 |
| &nbsp;&nbsp;&nbsp; Carnival Corp. 144A <br>5.750%, 8/1/32<sup>(1)</sup> <br>| 810 | &nbsp;&nbsp; 814 |

---

See Notes to Schedule of Investments

------

**VIRTUS Convertible & Income Fund II**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Leisure Time—continued** | **Leisure Time—continued** |  |
| &nbsp;&nbsp;&nbsp; NCL Corp., Ltd. 144A <br>6.750%, 2/1/32<sup>(1)</sup> <br>| $1920 | &nbsp;&nbsp; $1910 |
|  |  | &nbsp;&nbsp; 3528 |
| **Lodging—0.3%** | **Lodging—0.3%** |  |
| &nbsp;&nbsp;&nbsp; Station Casinos LLC 144A <br>6.625%, 3/15/32<sup>(1)</sup> <br>| 820 | &nbsp;&nbsp; 830 |
| **Media—3.7%** | **Media—3.7%** |  |
| CCO Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.375%, 9/1/29<sup>(1)</sup> <br>| 1245 | &nbsp;&nbsp; 1247 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.375%, 3/1/31<sup>(1)(2)</sup> <br>| 1520 | &nbsp;&nbsp; 1538 |
| &nbsp;&nbsp;&nbsp; DIRECTV Financing LLC 144A <br>8.875%, 2/1/30<sup>(1)</sup> <br>| 1605 | &nbsp;&nbsp; 1635 |
| &nbsp;&nbsp;&nbsp; Gray Media, Inc. 144A <br>9.625%, 7/15/32<sup>(1)</sup> <br>| 1120 | &nbsp;&nbsp; 1139 |
| &nbsp;&nbsp;&nbsp; Nexstar Media, Inc. 144A <br>7.250%, 4/15/34<sup>(1)</sup> <br>| 1535 | &nbsp;&nbsp; 1545 |
| &nbsp;&nbsp;&nbsp; Paramount Global <br>6.875%, 4/30/36<sup>(2)</sup> <br>| 1620 | &nbsp;&nbsp; 1507 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC 144A <br>5.875%, 4/15/32<sup>(1)</sup> <br>| 1965 | &nbsp;&nbsp; 1932 |
| &nbsp;&nbsp;&nbsp; Versant Media Group, Inc. 144A <br>7.250%, 1/30/31<sup>(1)</sup> <br>| 1435 | &nbsp;&nbsp; 1490 |
|  |  | &nbsp;&nbsp; 12033 |
| **Mining—0.6%** | **Mining—0.6%** |  |
| &nbsp;&nbsp;&nbsp; Arsenal AIC Parent LLC 144A <br>8.000%, 10/1/30<sup>(1)</sup> <br>| 1105 | &nbsp;&nbsp; 1155 |
| &nbsp;&nbsp;&nbsp; Hudbay Minerals, Inc. 144A <br>6.125%, 4/1/29<sup>(1)</sup> <br>| 760 | &nbsp;&nbsp; 763 |
|  |  | &nbsp;&nbsp; 1918 |
| **Miscellaneous Manufacturing—0.4%** | **Miscellaneous Manufacturing—0.4%** |  |
| &nbsp;&nbsp;&nbsp; Axon Enterprise, Inc. 144A <br>6.250%, 3/15/33<sup>(1)</sup> <br>| 1130 | &nbsp;&nbsp; 1160 |
| **Oil, Gas & Consumable Fuels—2.4%** | **Oil, Gas & Consumable Fuels—2.4%** |  |
| &nbsp;&nbsp;&nbsp; CITGO Petroleum Corp. 144A <br>8.375%, 1/15/29<sup>(1)</sup> <br>| 1240 | &nbsp;&nbsp; 1276 |
| &nbsp;&nbsp;&nbsp; CNX Resources Corp. 144A <br>7.375%, 1/15/31<sup>(1)</sup> <br>| 1480 | &nbsp;&nbsp; 1526 |
| &nbsp;&nbsp;&nbsp; Northern Oil & Gas, Inc. 144A <br>8.750%, 6/15/31<sup>(1)</sup> <br>| 1070 | &nbsp;&nbsp; 1117 |
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC 144A <br>6.250%, 2/1/33<sup>(1)</sup> <br>| 1040 | &nbsp;&nbsp; 1065 |
| SM Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 7.000%, 8/1/32<sup>(1)(2)</sup> <br>| 805 | &nbsp;&nbsp; 826 |
| &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>144A 6.625%, 4/15/34<sup>(1)</sup> <br>| 790 | &nbsp;&nbsp; 801 |
| &nbsp;&nbsp;&nbsp; Sunoco LP 144A <br>6.250%, 7/1/33<sup>(1)</sup> <br>| 1175 | &nbsp;&nbsp; 1201 |
|  |  | &nbsp;&nbsp; 7812 |
| **Pipelines—0.6%** | **Pipelines—0.6%** |  |
| &nbsp;&nbsp;&nbsp; Venture Global LNG, Inc. 144A <br>7.000%, 1/15/30<sup>(1)</sup> <br>| 760 | &nbsp;&nbsp; 782 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value** | **Value** |
| **Pipelines—continued** | **Pipelines—continued** |  |
| &nbsp;&nbsp;&nbsp; Venture Global Plaquemines LNG LLC 144A <br>6.750%, 1/15/36<sup>(1)</sup> <br>| $950 | &nbsp;&nbsp; $1010 |
|  |  | &nbsp;&nbsp; 1792 |
| **Real Estate—0.5%** | **Real Estate—0.5%** |  |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC 144A <br>7.000%, 4/15/30<sup>(1)</sup> <br>| 1510 | &nbsp;&nbsp; 1511 |
| **Retail—1.4%** | **Retail—1.4%** |  |
| &nbsp;&nbsp;&nbsp; Advance Auto Parts, Inc. 144A <br>7.375%, 8/1/33<sup>(1)(2)</sup> <br>| 1530 | &nbsp;&nbsp; 1579 |
| &nbsp;&nbsp;&nbsp; Bath & Body Works, Inc. <br>6.875%, 11/1/35<br>| 770 | &nbsp;&nbsp; 760 |
| &nbsp;&nbsp;&nbsp; New Red Finance, Inc. 144A <br>6.125%, 6/15/29<sup>(1)</sup> <br>| 1150 | &nbsp;&nbsp; 1170 |
| &nbsp;&nbsp;&nbsp; Petco Health & Wellness Co., Inc. 144A <br>8.250%, 2/1/31<sup>(1)</sup> <br>| 1055 | &nbsp;&nbsp; 1065 |
|  |  | &nbsp;&nbsp; 4574 |
| **Software—1.7%** | **Software—1.7%** |  |
| &nbsp;&nbsp;&nbsp; Cloud Software Group, Inc. 144A <br>6.500%, 3/31/29<sup>(1)</sup> <br>| 1550 | &nbsp;&nbsp; 1509 |
| &nbsp;&nbsp;&nbsp; CoreWeave, Inc. 144A <br>9.000%, 2/1/31<sup>(1)</sup> <br>| 750 | &nbsp;&nbsp; 745 |
| &nbsp;&nbsp;&nbsp; OAK-Eagle Acquireco, Inc. 144A <br>8.750%, 7/1/34<sup>(1)</sup> <br>| 1860 | &nbsp;&nbsp; 1936 |
| &nbsp;&nbsp;&nbsp; UKG, Inc. 144A <br>6.875%, 2/1/31<sup>(1)</sup> <br>| 1170 | &nbsp;&nbsp; 1139 |
|  |  | &nbsp;&nbsp; 5329 |
| **Telecommunications—3.0%** | **Telecommunications—3.0%** |  |
| &nbsp;&nbsp;&nbsp; APLD ComputeCo 2 LLC 144A <br>6.750%, 3/15/31<sup>(1)</sup> <br>| 1205 | &nbsp;&nbsp; 1193 |
| &nbsp;&nbsp;&nbsp; Cipher Compute LLC 144A <br>7.125%, 11/15/30<sup>(1)</sup> <br>| 1555 | &nbsp;&nbsp; 1612 |
| &nbsp;&nbsp;&nbsp; Level 3 Financing, Inc. 144A <br>8.500%, 1/15/36<sup>(1)</sup> <br>| 1885 | &nbsp;&nbsp; 2019 |
| &nbsp;&nbsp;&nbsp; Meridian Arc Holdco LLC 144A <br>6.250%, 4/30/31<sup>(1)</sup> <br>| 1165 | &nbsp;&nbsp; 1164 |
| &nbsp;&nbsp;&nbsp; Vmed O2 UK Financing I plc 144A <br>7.750%, 4/15/32<sup>(1)</sup> <br>| 2270 | &nbsp;&nbsp; 2207 |
| &nbsp;&nbsp;&nbsp; WULF Compute LLC 144A <br>7.750%, 10/15/30<sup>(1)</sup> <br>| 1455 | &nbsp;&nbsp; 1529 |
|  |  | &nbsp;&nbsp; 9724 |
| **Transportation—1.6%** | **Transportation—1.6%** |  |
| &nbsp;&nbsp;&nbsp; FTAI Aviation Investors LLC 144A <br>7.875%, 12/1/30<sup>(1)</sup> <br>| 1820 | &nbsp;&nbsp; 1911 |
| &nbsp;&nbsp;&nbsp; Stonepeak Nile Parent LLC 144A <br>7.250%, 3/15/32<sup>(1)</sup> <br>| 1100 | &nbsp;&nbsp; 1151 |
| &nbsp;&nbsp;&nbsp; XPO, Inc. 144A <br>7.125%, 6/1/31<sup>(1)</sup> <br>| 1915 | &nbsp;&nbsp; 1982 |
|  |  | &nbsp;&nbsp; 5044 |
| **Total Corporate Bonds and Notes** <br>**(Identified Cost $138,208)** | **Total Corporate Bonds and Notes** <br>**(Identified Cost $138,208)** | &nbsp;&nbsp; **139445** |

---

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

See Notes to Schedule of Investments

------

**VIRTUS Convertible & Income Fund II**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Convertible Preferred Stocks—13.3%** | **Convertible Preferred Stocks—13.3%** | **Convertible Preferred Stocks—13.3%** |
| **Aerospace & Defense—3.0%** | **Aerospace & Defense—3.0%** |  |
| Boeing Co. (The), 6.000%<sup>(2)</sup> | 105125 | &nbsp;&nbsp; $7590 |
| VSE Corp., 5.750% | 40565 | &nbsp;&nbsp; 1875 |
|  |  | &nbsp;&nbsp; 9465 |
| **Banks—2.7%** | **Banks—2.7%** |  |
| Wells Fargo & Co. Series L, 7.500% | 7175 | &nbsp;&nbsp; 8544 |
| **Chemicals—0.9%** | **Chemicals—0.9%** |  |
| Albemarle Corp., 7.250% | 37785 | &nbsp;&nbsp; 2945 |
| **Electric Utilities—2.7%** | **Electric Utilities—2.7%** |  |
| NextEra Energy, Inc., 7.299% | 26195 | &nbsp;&nbsp; 1547 |
| PG&E Corp. Series A, 6.000% | 93970 | &nbsp;&nbsp; 3952 |
| Southern Co. (The) Series A, 7.125%<sup>(2)</sup> | 59505 | &nbsp;&nbsp; 3096 |
|  |  | &nbsp;&nbsp; 8595 |
| **Healthcare Providers & Services—1.0%** | **Healthcare Providers & Services—1.0%** |  |
| BrightSpring Health Services, Inc., 6.750% | 20810 | &nbsp;&nbsp; 3289 |
| **Semiconductors & Semiconductor Equipment—1.3%** | **Semiconductors & Semiconductor Equipment—1.3%** |  |
| Microchip Technology, Inc., 7.500% | 53975 | &nbsp;&nbsp; 4246 |
| **Software—1.3%** | **Software—1.3%** |  |
| Oracle Corp. Series D, 6.500% | 82580 | &nbsp;&nbsp; 4019 |
| **Trading Companies & Distributors—0.4%** | **Trading Companies & Distributors—0.4%** |  |
| QXO, Inc., 5.500% | 23910 | &nbsp;&nbsp; 1353 |
| **Total Convertible Preferred Stocks** <br>**(Identified Cost $32,552)** | **Total Convertible Preferred Stocks** <br>**(Identified Cost $32,552)** | &nbsp;&nbsp; **42456** |
| **Preferred Stock—0.0%** | **Preferred Stock—0.0%** | **Preferred Stock—0.0%** |
| **Entertainment—0.0%** | **Entertainment—0.0%** |  |
| LiveStyle, Inc. Series B<sup>(4)(5)(6)</sup> <br>| 4196 | &nbsp;&nbsp; — |
| **Total Preferred Stock** <br>**(Identified Cost $411)** | **Total Preferred Stock** <br>**(Identified Cost $411)** | &nbsp;&nbsp; **—** |
| **Common Stocks—0.1%** | **Common Stocks—0.1%** | **Common Stocks—0.1%** |
| **Banks—0.1%** | **Banks—0.1%** |  |
| CCF Holdings LLC<sup>(4)(5)</sup> <br>| 6367079 | &nbsp;&nbsp; 318 |
| CCF Holdings LLC Class M<sup>(4)(5)</sup> <br>| 879959 | &nbsp;&nbsp; 44 |
|  |  | &nbsp;&nbsp; 362 |
| **Consumer Finance—0.0%** | **Consumer Finance—0.0%** |  |
| Erickson, Inc.<sup>(4)(5)</sup> <br>| 6354 | &nbsp;&nbsp; — |
| **Entertainment—0.0%** | **Entertainment—0.0%** |  |
| LiveStyle, Inc. <sup>(4)(5)(6)</sup> <br>| 90407 | &nbsp;&nbsp; — |
| **Total Common Stocks** <br>**(Identified Cost $22,668)** | **Total Common Stocks** <br>**(Identified Cost $22,668)** | &nbsp;&nbsp; **362** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Warrant—0.0%** | **Warrant—0.0%** | **Warrant—0.0%** |
| **Banks—0.0%** | **Banks—0.0%** |  |
| CCF Holdings LLC, 3/25/27<sup>(4)(5)</sup> <br>| 1455681 | &nbsp;&nbsp; $— |
| **Total Warrant** <br>**(Identified Cost $—)** | **Total Warrant** <br>**(Identified Cost $—)** | &nbsp;&nbsp; **—** |
| **Total Long-Term Investments—142.5%** <br>**(Identified Cost $415,722)** | **Total Long-Term Investments—142.5%** <br>**(Identified Cost $415,722)** | &nbsp;&nbsp; **456757** |
| **Short-Term Investment—3.6%** | **Short-Term Investment—3.6%** | **Short-Term Investment—3.6%** |
| **Money Market Mutual Fund—3.6%** | **Money Market Mutual Fund—3.6%** | **Money Market Mutual Fund—3.6%** |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity FedFund - Institutional Shares <br> (seven-day effective yield 3.543%)<sup>(7)</sup> <br>| 11672402 | &nbsp;&nbsp; 11673 |
| **Total Short-Term Investment** <br>**(Identified Cost $11,672)** | **Total Short-Term Investment** <br>**(Identified Cost $11,672)** | &nbsp;&nbsp; **11673** |
| **Securities Lending Collateral—1.0%** | **Securities Lending Collateral—1.0%** | **Securities Lending Collateral—1.0%** |
| &nbsp;&nbsp;&nbsp; Dreyfus Government Cash Management Fund - <br> Institutional Shares (seven-day effective yield <br> 3.535%)<sup>(7)(8)</sup> <br>| 3217347 | &nbsp;&nbsp; 3217 |
| **Total Securities Lending Collateral** <br>**(Identified Cost $3,217)** | **Total Securities Lending Collateral** <br>**(Identified Cost $3,217)** | &nbsp;&nbsp; **3217** |
| **TOTAL INVESTMENTS—147.1%** <br>**(Identified Cost $430,611)** | **TOTAL INVESTMENTS—147.1%** <br>**(Identified Cost $430,611)** | &nbsp;&nbsp; **$471647** |
| Other assets and liabilities, net—(13.1)% | Other assets and liabilities, net—(13.1)% | &nbsp;&nbsp; (42075)<br>|
| Cumulative Preferred Shares—(34.0)% | Cumulative Preferred Shares—(34.0)% | &nbsp;&nbsp; (109000)<br>|
| **NET ASSETS—100.0%** | **NET ASSETS—100.0%** | &nbsp;&nbsp; **$320572** |

---

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

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| LLC | Limited Liability Company |
| LP | Limited Partnership |
| OP | Operating Partnership |
| plc | Public Limited Company |
| REIT | Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| **Footnote Legend:** | **Footnote Legend:** |
| <sup>(1)</sup> <br>| Security exempt from registration under Rule 144A of the Securities Act of 1933. <br> These securities may be resold in transactions exempt from registration, normally <br> to qualified institutional buyers. At April 30, 2026, these securities amounted to a <br> value of $272,275 or 84.9% of net assets.<br>|
| <sup>(2)</sup> <br>| All or a portion of security is on loan pursuant to the Liquidity Facility and/or <br> securities lending.<br>|
| <sup>(3)</sup> <br>| Issued with a zero coupon. Income is recognized through the accretion of <br> discount.<br>|
| <sup>(4)</sup> <br>| The value of this security was determined using significant unobservable inputs <br> and is reported as a Level 3 security in the Fair Value Hierarchy table located after <br> the Schedule of Investments.<br>|
| <sup>(5)</sup> <br>| Non-income producing. |
| <sup>(6)</sup> <br>| Security is restricted from resale. |
| <sup>(7)</sup> <br>| Shares of this fund are publicly offered, and its prospectus and annual report are <br> publicly available.<br>|
| <sup>(8)</sup> <br>| Represents security purchased with cash collateral received for securities on loan. |

---

See Notes to Schedule of Investments

------

**VIRTUS Convertible & Income Fund II**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**April 30, 2026**

($ reported in thousands)

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

---

| | |
|:---|:---|
| **Country Weightings**<sup>†</sup>  | **Country Weightings**<sup>†</sup>  |
| United States | 92<br> %<br>|
| Bermuda | 2 |
| Canada | 2 |
| Cayman Islands | 1 |
| Netherlands | 1 |
| Marshall Islands | 1 |
| Australia | 1 |
| Total | 100<br> %<br>|
| <sup>†</sup> % of total investments as of April 30, 2026. | <sup>†</sup> % of total investments as of April 30, 2026. |

---

The following table summarizes the value of the Fund's investments as of April 30, 2026, based on the inputs used to value them (See Security Valuation Note 1 in the Notes to Schedule of Investments):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total <br>Value at <br>April 30, 2026<br>| Level 1 <br>Quoted Prices<br>| Level 2 <br>Significant <br>Observable <br>Inputs<br>| Level 3 <br>Significant <br>Unobservable <br>Inputs<br>|
| Assets: |  |  |  |  |
| Debt Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Convertible Bonds and Notes | &nbsp;&nbsp;&nbsp; $274494 | &nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp; $274494 | &nbsp;&nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp; Corporate Bonds and Notes | &nbsp;&nbsp;&nbsp; 139445 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 139445 | &nbsp;&nbsp;&nbsp; — |
| Equity Securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Convertible Preferred Stocks | &nbsp;&nbsp;&nbsp; 42456 | &nbsp;&nbsp;&nbsp; 42456 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Preferred Stock | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>|
| &nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp;&nbsp; 362 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 362 <br><sup>(1)</sup><br>|
| &nbsp;&nbsp;&nbsp; Warrant | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>|
| Money Market Mutual Fund | &nbsp;&nbsp;&nbsp; 11673 | &nbsp;&nbsp;&nbsp; 11673 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Securities Lending Collateral | &nbsp;&nbsp;&nbsp; 3217 | &nbsp;&nbsp;&nbsp; 3217 | &nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; — |
| Total Investments | &nbsp;&nbsp;&nbsp; $471647 | &nbsp;&nbsp;&nbsp; $57346 | &nbsp;&nbsp;&nbsp; $413939 | &nbsp;&nbsp;&nbsp; $362 |

---

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

<sup>(1)</sup> Includes internally fair valued securities currently priced at zero ($0).

There were no transfers into or out of Level 3 related to securities held at April 30, 2026.

Some of the Fund's investments that were categorized as Level 3 may have been valued utilizing third party pricing information without adjustment. If applicable, such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of Level 3 investments.

Management has determined that the amount of Level 3 securities compared to total net assets is not material; therefore, the roll-forward of Level 3 securities and assumptions are not shown for the period ended April 30, 2026.

<sup>(a)</sup> A significant change in unobservable inputs could result in a significantly higher or lower fair value.

See Notes to Schedule of Investments

------

**VIRTUS Convertible & Income Fund II**

**NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)**

**April 30, 2026**

**Note 1. Security Valuation**

The Fund's Board of Trustees has designated the investment adviser as the valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Investment Company Act of 1940. The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The Fund's policy is to recognize transfers into or out of Level 3 at the end of the reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – quoted prices in active markets for identical securities (security types generally include listed equities).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – prices determined using significant unobservable inputs (including the investment adviser's Valuation Committee's own assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Fund's major categories of assets and liabilities measured at fair value on a recurring basis is as follows:

Equity securities are valued at the official closing price (typically last sale) on the exchange on which the securities are primarily traded or, if no closing price is available, at the last bid price and are categorized as Level 1 in the hierarchy. Illiquid, restricted equity securities and illiquid private placements are internally fair valued by the investment adviser's Valuation Committee, and are generally categorized as Level 3 in the hierarchy.

Certain non-U.S. securities may be fair valued in cases where closing prices are not readily available or are deemed not reflective of readily available market prices. For example, significant events (such as movement in the U.S. securities market, or other regional and local developments) may occur between the time that non-U.S. markets close (where the security is principally traded) and the time that the Fund calculates its net asset value ("NAV") at the close of regular trading on the New York Stock Exchange ("NYSE") (generally 4 p.m. Eastern time) that may impact the value of securities traded in these non-U.S. markets. In such cases, the Fund fair values non-U.S. securities using an independent pricing service which considers the correlation of the trading patterns of the non-U.S. security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, Exchange-Traded Funds ("ETFs"), and certain indexes, as well as prices for similar securities. Such fair valuations are categorized as Level 2 in the hierarchy. Because the frequency of significant events is not predictable, fair valuation of certain non-U.S. common stocks may occur on a frequent basis.

Debt instruments, including convertible bonds, restricted securities, and leveraged loans are valued based on either evaluated or composite quotations received from independent pricing services or from dealers who make markets in such securities. For most bond types, the pricing service utilizes matrix pricing that considers one or more of the following factors: yield or price of bonds of comparable quality, coupon, maturity, current cash flows, type, activity of the underlying equities, and current day trade information, as well as dealer supplied prices. These valuations are generally categorized as Level 2 in the hierarchy. Structured debt instruments, such as mortgage-backed and asset-backed securities may also incorporate collateral analysis and utilize cash flow models for valuation and are generally categorized as Level 2 in the hierarchy. Pricing services do not provide pricing for all securities and therefore indicative bids from dealers are utilized which are based on pricing models used by market makers in the security and are generally categorized as Level 2 in the hierarchy. Debt instruments that are internally fair valued by the investment adviser's Valuation Committee are generally categorized as Level 3 in the hierarchy.

Listed derivatives, such as options, that are actively traded are valued at the last posted settlement price from the exchange where they are principally traded and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts and equity-linked instruments, do not require material subjectivity as pricing inputs are observed from actively quoted markets and are categorized as Level 2 in the hierarchy.

Investments in open-end mutual funds are valued at NAV. Investments in closed-end funds and ETFs are valued as of the close of regular trading on the NYSE each business day. Each is categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's net assets by each major security type is disclosed at the end of the Schedule of Investments for the Fund. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

*For additional information about significant accounting policies, refer to the Fund's most recent semi or annual report.*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Convertible & Income Fund II

- **b. Investment Company Act file number:** 811-21338

- **c. CIK number of Registrant:** 0001227857

- **d. LEI of Registrant:** 549300VQWKOKLGOGUQ16

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

  - **Street Address 1:** 101 MUNSON STREET

  - **City:** GREENFIELD

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 866-270-7788

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

- **a. Name of Series:** Virtus Convertible & Income Fund II

- **c. LEI of Series:** 549300VQWKOKLGOGUQ16

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

- **a. Date of fiscal year-end:** 2027-01-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $483587494.79

**Total Liabilities:** $163002158.54

**Net Assets:** $320585336.25

**Cash Not Reported:** $8525164.80

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** -289.54000000 | **5-Year:** -5637.29000000 | **10-Year:** -586.85000000 | **30-Year:** -8174.24000000

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

- **3-Month:** -25.25000000 | **1-Year:** -151.27000000 | **5-Year:** -40251.01000000 | **10-Year:** -49561.98000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 1.33%                | -4.33%               | 11.97%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1952424.08              | $1607280.76                                |
| Month 2  | $-185393.20              | $-13224987.62                              |
| Month 3  | $8333361.77              | $26086389.69                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 1011778 B.C. ULC / NEW RED FINANCE INC                   | BCULC 6.125 06/15/29 144A                                                                                                               | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1150000 | PA      | $1170285.10   | 0.37%             | 2029-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| TERAWULF INC                                             | WULF 0 05/01/32                                                                                                                         | CUSIP: 88080TAE4<br>LEI: 254900CVMW1SX2T78A64 | Long             | DBT              | CORP              | US        |   3420000 | PA      | $4667616.00   | 1.46%             | 2032-05-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IONIS PHARMACEUTICALS INC                                | IONS 0 12/01/30                                                                                                                         | CUSIP: 462222AG5<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |   1620000 | PA      | $1679737.50   | 0.52%             | 2030-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ZSCALER INC                                              | ZS 0 07/15/28                                                                                                                           | CUSIP: 98980GAC6<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1442130.00   | 0.45%             | 2028-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BURLINGTON STORES INC                                    | BURL 1.25 12/15/27                                                                                                                      | CUSIP: 122017AD8<br>LEI: 5299003Z37DVGKKC1W09 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $2138847.50   | 0.67%             | 2027-12-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY INC                                       | NEE 7.299 06/01/27                                                                                                                      | CUSIP: 65339F663<br>LEI: 254900RHL9MEUS5NKX63 | Long             | DBT              | CORP              | US        |     26195 | PA      | $1546552.80   | 0.48%             | 2027-06-01      | Fixed         | 7.30%                 | No            |                  1 | On Loan: No      |
| AFFIRM HOLDINGS INC                                      | AFRM 0.75 12/15/29                                                                                                                      | CUSIP: 00827BAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3075000 | PA      | $3244125.00   | 1.01%             | 2029-12-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: —       |
| COMPASS INC                                              | COMP 0.25 04/15/31                                                                                                                      | CUSIP: 20464UAA8<br>LEI: 254900DMGQSTC3I2IM78 | Long             | DBT              | CORP              | US        |   1705000 | PA      | $1496990.00   | 0.47%             | 2031-04-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                             | NAVI 7.875 06/15/32                                                                                                                     | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    845000 | PA      | $813383.33    | 0.25%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OSI SYSTEMS INC                                          | OSIS 0.5 02/01/31                                                                                                                       | CUSIP: 671044AG0<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | DBT              | CORP              | US        |   3820000 | PA      | $4080524.00   | 1.27%             | 2031-02-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| OWENS BROCKWAY GLASS CONTAINER INC                       | OI 7.25 05/15/31 144A                                                                                                                   | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1142020.55   | 0.36%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| GFL ENVIRONMENTAL INC                                    | GFLCN 6.75 01/15/31 144A                                                                                                                | CUSIP: 36168QAQ7<br>LEI: 894500E7NLBY9VZRT696 | Long             | DBT              | CORP              | CA        |   1100000 | PA      | $1140462.40   | 0.36%             | 2031-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                                   | VENLNG 7 01/15/30 144A                                                                                                                  | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    760000 | PA      | $781757.28    | 0.24%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECTV FINANCING CO-OBLIGOR INC | DTV 8.875 02/01/30 144a                                                                                                                 | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1605000 | PA      | $1634647.56   | 0.51%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                 | MICROCHIP TECHNOLOGY INC 7.50 % DEP SHS REPSTG 1/20TH PFD CONV SER A                                                                    | CUSIP: 595017302<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EP               | CORP              | US        |     53975 | NS      | $4246213.25   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESHPET INC                                             | FRPT 3 04/01/28                                                                                                                         | CUSIP: 358039AB1<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1651391.00   | 0.52%             | 2028-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JBT MAREL CORP                                           | JBTM 0.375 09/15/30                                                                                                                     | CUSIP: 477839AD6<br>LEI: 5493007CT6ATBZ2L6826 | Long             | DBT              | CORP              | US        |   2715000 | PA      | $2552100.00   | 0.80%             | 2030-09-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                   | CACI 6.375 06/15/33 144A                                                                                                                | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |    795000 | PA      | $813327.33    | 0.25%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LIGAND PHARMACEUTICALS INC                               | LGND 0.75 10/01/30                                                                                                                      | CUSIP: 53220KAG3<br>LEI: 5493008K7TB0IKP37H79 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $2131872.00   | 0.66%             | 2030-10-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SOUTHERN COMPANY (THE)                                   | SO 7.125 12/15/28 A                                                                                                                     | CUSIP: 842587842<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |     59505 | PA      | $3096045.15   | 0.97%             | 2028-12-15      | Fixed         | 7.12%                 | No            |                  1 | On Loan: —       |
| CNX RESOURCES CORP                                       | CNX 7.375 01/15/31 144A                                                                                                                 | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1525510.00   | 0.48%             | 2031-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PETCO HEALTH AND WELLNESS COMPANY INC                    | WOOF 8.25 02/01/31 144A                                                                                                                 | CUSIP: 71601VAA3<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1065419.48   | 0.33%             | 2031-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| APLD COMPUTECO 2 LLC                                     | PFORGE 6.75 03/15/31 144A                                                                                                               | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1193016.58   | 0.37%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                                 | IRM 6.25 01/15/33 144A                                                                                                                  | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1535000 | PA      | $1558772.55   | 0.49%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IREN LTD                                                 | IREN 0 07/01/31                                                                                                                         | CUSIP: 46270CAE9<br>LEI: 254900FZF02RB3NNGB71 | Long             | DBT              | CORP              | AU        |   2640000 | PA      | $2283600.00   | 0.71%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                             | NAVI 9.375 07/25/30                                                                                                                     | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    490000 | PA      | $508486.23    | 0.16%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| MERIDIAN ARC HOLDCO LLC                                  | MERIDI 6.25 04/30/31 144A                                                                                                               | CUSIP: 58990CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1164734.83   | 0.36%             | 2031-04-30      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES INC                                     | BWXT 0 11/01/30                                                                                                                         | CUSIP: 05605HAD2<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   2315000 | PA      | $2504830.00   | 0.78%             | 2030-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SCORPIO TANKERS INC                                      | STNG 1.75 04/15/31                                                                                                                      | CUSIP: 80918TAF6<br>LEI: 549300NVJUH16NXG8K87 | Long             | DBT              | CORP              | MH        |   2335000 | PA      | $2616367.50   | 0.82%             | 2031-04-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: —       |
| CITGO PETROLEUM CORP                                     | CITPET 8.375 01/15/29 144A                                                                                                              | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |   1240000 | PA      | $1276044.32   | 0.40%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CHEMOURS COMPANY (THE)                                   | CC 7.875 03/15/34 144A                                                                                                                  | CUSIP: 163851AL2<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1487910.65   | 0.46%             | 2034-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCF HLDGS LLC WT CCF HLDGS LLC WTS C                     | CCF HLDGS LLC WT CCF HLDGS LLC WTS C                                                                                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |   1455681 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AMERICAN AXLE & MANUFACTURING INC                        | AXL 7.75 10/15/33 144A                                                                                                                  | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |   1495000 | PA      | $1459609.82   | 0.46%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP             | CHTR 7.375 03/01/31 144A                                                                                                                | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1538577.44   | 0.48%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| BOSTON PROPERTIES LP                                     | BXP 2 10/01/30                                                                                                                          | CUSIP: 10112RBM5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1472625.00   | 0.46%             | 2030-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY               | BWY 7.875 04/15/30 144A                                                                                                                 | CUSIP: 57763RAE7<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   1495000 | PA      | $1511691.68   | 0.47%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                          | GEN 6.25 04/01/33 144A                                                                                                                  | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   2310000 | PA      | $2251084.54   | 0.70%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SNOWFLAKE INC                                            | SNOW 0 10/01/29                                                                                                                         | CUSIP: 833445AD1<br>LEI: 254900CJNSY1K7T53Z16 | Long             | DBT              | CORP              | US        |    355000 | PA      | $415989.00    | 0.13%             | 2029-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                                 | CE 6.75 04/15/33                                                                                                                        | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1169030.71   | 0.36%             | 2033-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                    | WLSC 6.625 04/15/30 144A                                                                                                                | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1596377.55   | 0.50%             | 2030-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MIRION TECHNOLOGIES INC                                  | MIR 0.25 06/01/30                                                                                                                       | CUSIP: 60471AAA9<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | DBT              | CORP              | US        |   1355000 | PA      | $1529795.00   | 0.48%             | 2030-06-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                           | GTN 9.625 07/15/32 144A                                                                                                                 | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   1120000 | PA      | $1138720.80   | 0.36%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| AKAMAI TECHNOLOGIES INC                                  | AKAM 0.25 05/15/33                                                                                                                      | CUSIP: 00971TAP6<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |   1145000 | PA      | $1502812.50   | 0.47%             | 2033-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                      | HBMCN 6.125 04/01/29 144A                                                                                                               | CUSIP: 443628AH5<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |    760000 | PA      | $762973.12    | 0.24%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| AST SPACEMOBILE INC                                      | ASTS 2 01/15/36                                                                                                                         | CUSIP: 00217DAE0<br>LEI: 254900MBSC9P2UCI6623 | Long             | DBT              | CORP              | US        |   2465000 | PA      | $2504440.00   | 0.78%             | 2036-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS INC                                   | AAP 7.375 08/01/33 144A                                                                                                                 | CUSIP: 00751YAL0<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |   1530000 | PA      | $1578699.90   | 0.49%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| ALPHATEC HOLDINGS INC                                    | ATEC 0.75 03/15/30                                                                                                                      | CUSIP: 02081GAD4<br>LEI: 549300EZE8CQ8K65FS24 | Long             | DBT              | CORP              | US        |   1320000 | PA      | $1307328.00   | 0.41%             | 2030-03-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| GRANITE CONSTRUCTION INC                                 | GVA 3.25 06/15/30                                                                                                                       | CUSIP: 387328AF4<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | DBT              | CORP              | US        |   1945000 | PA      | $3578800.00   | 1.12%             | 2030-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                    | ON 0.5 03/01/29                                                                                                                         | CUSIP: 682189AU9<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |   1705000 | PA      | $2076690.00   | 0.65%             | 2029-03-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                              | MCFE 7.375 02/15/30 144A                                                                                                                | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $972305.28    | 0.30%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NEBIUS GROUP NV                                          | NBIS 1.25 03/15/31                                                                                                                      | CUSIP: 63954QAJ5<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | DBT              | CORP              | NL        |   2635000 | PA      | $2924586.50   | 0.91%             | 2031-03-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HALOZYME THERAPEUTICS INC                                | HALO 0 02/15/31                                                                                                                         | CUSIP: 40637HAG4<br>LEI: 529900242I3SV9AGM753 | Long             | DBT              | CORP              | US        |   3105000 | PA      | $3016507.50   | 0.94%             | 2031-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AAR CORP                                                 | AIR 6.75 03/15/29 144A                                                                                                                  | CUSIP: 00253PAA6<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1442214.20   | 0.45%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                              | W 6.75 11/15/32 144A                                                                                                                    | CUSIP: 94419NAC1<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    770000 | PA      | $778475.39    | 0.24%             | 2032-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                     | CLF 7.625 01/15/34 144A                                                                                                                 | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1914203.93   | 0.60%             | 2034-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                                        | HRI 7.25 06/15/33 144A                                                                                                                  | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1820000 | PA      | $1905956.78   | 0.59%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                                   | WCC 6.375 03/15/33 144A                                                                                                                 | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    740000 | PA      | $764340.82    | 0.24%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENT LLC / AVIS BUDGET FINANCE INC       | CAR 8 02/15/31 144A                                                                                                                     | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1165000 | PA      | $1175916.05   | 0.37%             | 2031-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| ASURION LLC / ASURION CO-ISSUER INC                      | ASUCOR 8.375 02/01/34 144A                                                                                                              | CUSIP: 045941AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1169130.36   | 0.36%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                     | RKT 7.125 02/01/32 144A                                                                                                                 | CUSIP: 77311WAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1420000 | PA      | $1467747.50   | 0.46%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSMEDICS GROUP INC                                    | TMDX 1.5 06/01/28                                                                                                                       | CUSIP: 89377MAB5<br>LEI: 549300060GVOSMWARH50 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1656648.00   | 0.52%             | 2028-06-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                        | NWL 8.5 06/01/28 144A                                                                                                                   | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1085000 | PA      | $1133787.03   | 0.35%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SM ENERGY COMPANY                                        | SM 6.625 04/15/34 144A                                                                                                                  | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    790000 | PA      | $800921.75    | 0.25%             | 2034-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                            | CRWV 1.75 12/01/31                                                                                                                      | CUSIP: 21873SAD0<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   4655000 | PA      | $6031483.50   | 1.88%             | 2031-12-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WELLTOWER OP LLC                                         | WELL 3.125 07/15/29                                                                                                                     | CUSIP: 95041AAD0<br>LEI: T6IZ0MBEG5ACZDTR7D06 | Long             | DBT              | CORP              | US        |   4815000 | PA      | $8332357.50   | 2.60%             | 2029-07-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| COHU INC                                                 | COHU 1.5 01/15/31                                                                                                                       | CUSIP: 192576AA4<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | DBT              | CORP              | US        |   1420000 | PA      | $2707088.00   | 0.84%             | 2031-01-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CCF HOLDINGS LLC CLASS M EQUITY                          | CCF HOLDINGS LLC CLASS M EQUITY                                                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    879959 | NS      | $43997.95     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| CLOUDFLARE INC                                           | NET 0 08/15/26                                                                                                                          | CUSIP: 18915MAC1<br>LEI: 5493007DY18BGNLDWU14 | Long             | DBT              | CORP              | US        |   3280000 | PA      | $3810652.27   | 1.19%             | 2026-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                          | PR 6.25 02/01/33 144A                                                                                                                   | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1064838.05   | 0.33%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WULF COMPUTE LLC                                         | WULF 7.75 10/15/30 144A                                                                                                                 | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1529197.97   | 0.48%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CRC INSURANCE GROUP LLC                                  | TIHLLC 7.125 06/01/31 144A                                                                                                              | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2085000 | PA      | $2094763.41   | 0.65%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SYNAPTICS INC                                            | SYNA 0.75 12/01/31                                                                                                                      | CUSIP: 87157DAJ8<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |   1140000 | PA      | $1401060.00   | 0.44%             | 2031-12-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| ASURION LLC / ASURION CO-ISSUER INC                      | ASUCOR 8 12/31/32 144A                                                                                                                  | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    755000 | PA      | $788664.70    | 0.25%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC                                    | BBWI 6.875 11/01/35                                                                                                                     | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    770000 | PA      | $759572.51    | 0.24%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DAVE INC                                                 | DAVE 0 04/01/31                                                                                                                         | CUSIP: 23834JAA0<br>LEI: 25490061SUVXCW51RZ82 | Long             | DBT              | CORP              | US        |   1660000 | PA      | $2025200.00   | 0.63%             | 2031-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLOOM ENERGY CORP                                        | BE 0 11/15/30                                                                                                                           | CUSIP: 093712AN7<br>LEI: 549300XB5J9BFW5JXV97 | Long             | DBT              | CORP              | US        |   3645000 | PA      | $6344851.50   | 1.98%             | 2030-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                      | COIN 0.5 06/01/26                                                                                                                       | CUSIP: 19260QAB3<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   2920000 | PA      | $2908904.00   | 0.91%             | 2026-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| REXFORD INDUSTRIAL REALTY LP                             | REXR 4.375 03/15/27                                                                                                                     | CUSIP: 76169XAD6<br>LEI: 549300028US163ELJN70 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $2321845.00   | 0.72%             | 2027-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                      | NEE 3 03/01/27                                                                                                                          | CUSIP: 65339KCY4<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   5395000 | PA      | $7841632.50   | 2.45%             | 2027-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BILL HOLDINGS INC                                        | BILL 0 04/01/30                                                                                                                         | CUSIP: 090043AF7<br>LEI: 549300IBF9VZZIGOZW63 | Long             | DBT              | CORP              | US        |   2270000 | PA      | $2010085.00   | 0.63%             | 2030-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                    | WELLS FARGO & COMPANY 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L                                       | CUSIP: 949746804<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EP               | CORP              | US        |      7175 | NS      | $8544061.75   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ARSENAL AIC PARENT LLC                                   | ARNC 8 10/01/30 144A                                                                                                                    | CUSIP: 04288BAB6<br>LEI: 254900G9F9HA5EP57J39 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $1155214.52   | 0.36%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PARAMOUNT GLOBAL                                         | PARA 6.875 04/30/36                                                                                                                     | CUSIP: 925524AX8<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | DBT              | CORP              | US        |   1620000 | PA      | $1507008.19   | 0.47%             | 2036-04-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| SM ENERGY COMPANY                                        | SM 7 08/01/32 144A                                                                                                                      | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    805000 | PA      | $826347.80    | 0.26%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| AEROVIRONMENT INC                                        | AVAV 0 07/15/30                                                                                                                         | CUSIP: 008073AA6<br>LEI: 529900PGHVI29YLZ6221 | Long             | DBT              | CORP              | US        |    900000 | PA      | $913050.00    | 0.28%             | 2030-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                                 | SNAP 6.875 03/01/33 144A                                                                                                                | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    780000 | PA      | $759359.02    | 0.24%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                            | CRWV 9 02/01/31 144A                                                                                                                    | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    750000 | PA      | $745244.67    | 0.23%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL & GAS INC                                   | NOG 8.75 06/15/31 144A                                                                                                                  | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1117326.10   | 0.35%             | 2031-06-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                                     | WEC 3.375 06/01/28                                                                                                                      | CUSIP: 92939UAS5<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   4115000 | PA      | $4291945.00   | 1.34%             | 2028-06-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                | CZR 6 10/15/32 144A                                                                                                                     | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1510151.90   | 0.47%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                           | NRG 6.25 11/01/34 144A                                                                                                                  | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1925000 | PA      | $1947387.75   | 0.61%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                        | POST 6.25 10/15/34 144A                                                                                                                 | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    765000 | PA      | $755178.93    | 0.24%             | 2034-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LIBERTY ENERGY INC                                       | LBRT 0 03/01/31                                                                                                                         | CUSIP: 53115LAA2<br>LEI: 254900PKFJW6RILDCM60 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1172925.00   | 0.37%             | 2031-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                              | ORACLE CORP DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK | CUSIP: 68389X204<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EP               | CORP              | US        |     82580 | NS      | $4019168.60   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX CORP                                                | IMAX 0.75 11/15/30                                                                                                                      | CUSIP: 45245EAK5<br>LEI: 894500GS1ESLAPZCEI74 | Long             | DBT              | CORP              | CA        |   2225000 | PA      | $2485325.00   | 0.78%             | 2030-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: —       |
| ARRAY TECHNOLOGIES INC                                   | ARRY 2.875 07/01/31                                                                                                                     | CUSIP: 04271TAC4<br>LEI: 549300JM5FECYJQ85V37 | Long             | DBT              | CORP              | US        |    850000 | PA      | $1100750.00   | 0.34%             | 2031-07-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                       | STX 3.5 06/01/28                                                                                                                        | CUSIP: 81180WBL4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    640000 | PA      | $5212480.00   | 1.63%             | 2028-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                               | PFGC 6.125 09/15/32 144A                                                                                                                | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   1515000 | PA      | $1535710.05   | 0.48%             | 2032-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I PLC                               | VMED 7.75 04/15/32 144A                                                                                                                 | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   2270000 | PA      | $2206814.10   | 0.69%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CIPHER DIGITAL INC                                       | CIFR 0 10/01/31                                                                                                                         | CUSIP: 17253JAB2<br>LEI: 254900QABG5HCQZ28A17 | Long             | DBT              | CORP              | US        |   1470000 | PA      | $2039625.00   | 0.64%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| GALAXY DIGITAL INC                                       | GLXYLP 0.5 05/01/31                                                                                                                     | CUSIP: 36317GAC0<br>LEI: 9845001C4070E5N07806 | Long             | DBT              | CORP              | US        |   2880000 | PA      | $2479680.00   | 0.77%             | 2031-05-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| ULTIMATE KRONOS GROUP INC                                | ULTI 6.875 02/01/31 144A                                                                                                                | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1138776.70   | 0.36%             | 2031-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| STONEPEAK NILE PARENT LLC                                | ATSG 7.25 03/15/32 144A                                                                                                                 | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1150943.65   | 0.36%             | 2032-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OAK-EAGLE ACQUIRECO INC                                  | EA 8.75 07/01/34 144A                                                                                                                   | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |   1860000 | PA      | $1935566.03   | 0.60%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                            | CCL 5.75 08/01/32 144A                                                                                                                  | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    810000 | PA      | $814072.68    | 0.25%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PARSONS CORP                                             | PSN 2.625 03/01/29                                                                                                                      | CUSIP: 70202LAD4<br>LEI: 549300ZXH0VRBSEPX752 | Long             | DBT              | CORP              | US        |    910000 | PA      | $893620.00    | 0.28%             | 2029-03-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| RIVIAN AUTOMOTIVE INC                                    | RIVN 4.625 03/15/29                                                                                                                     | CUSIP: 76954AAB9<br>LEI: 25490004LNKJ84MFYY24 | Long             | DBT              | CORP              | US        |   3190000 | PA      | $3644575.00   | 1.14%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TANDEM DIABETES CARE INC                                 | TNDM 1.5 03/15/29 2024                                                                                                                  | CUSIP: 875372AD6<br>LEI: 549300JEPFOD0K4D3I05 | Long             | DBT              | CORP              | US        |   2655000 | PA      | $2706772.50   | 0.84%             | 2029-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| CONCENTRA HEALTH SERVICES INC                            | CONCEN 6.875 07/15/32 144A                                                                                                              | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1642521.24   | 0.51%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US FINANCE CO INC            | POWSOL 6.75 09/15/32 144A                                                                                                               | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1120000 | PA      | $1145692.80   | 0.36%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MKS INC                                                  | MKSI 1.25 06/01/30                                                                                                                      | CUSIP: 55306NAB0<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |   1940000 | PA      | $3815980.00   | 1.19%             | 2030-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CCF HOLDINGS LLC                                         | CCF HOLDINGS LLC COM                                                                                                                    | CUSIP: 12509J208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   6367079 | NS      | $318353.95    | 0.10%             |  |  |  | No            |                  3 | On Loan: No      |
| ORMAT TECHNOLOGIES INC                                   | ORA 1.5 03/15/31 A                                                                                                                      | CUSIP: 686688AD4<br>LEI: 5493000TSHHWY24VHM09 | Long             | DBT              | CORP              | US        |   2895000 | PA      | $3063778.50   | 0.96%             | 2031-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ROCKET COMPANIES INC                                     | RKT 6.375 08/01/33 144A                                                                                                                 | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1467682.75   | 0.46%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TENNECO LLC                                              | TENINC 8 11/17/28 144A                                                                                                                  | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1148486.07   | 0.36%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| EQUIPMENTSHARE.COM INC                                   | EQMSRM 8.625 05/15/32 144A                                                                                                              | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1495396.65   | 0.47%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BRIDGEBIO PHARMA INC                                     | BBIO 2.25 02/01/29                                                                                                                      | CUSIP: 10806XAD4<br>LEI: 54930028YG89VTY2J114 | Long             | DBT              | CORP              | US        |   2010000 | PA      | $2229291.00   | 0.70%             | 2029-02-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                    | QUIKHO 6.75 03/01/33 144A                                                                                                               | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2281645.76   | 0.71%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                             | NCLH 6.75 02/01/32 144A                                                                                                                 | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1920000 | PA      | $1910579.92   | 0.60%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                                      | SIRI 5.875 04/15/32 144A                                                                                                                | CUSIP: 82966BAA3<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1965000 | PA      | $1932169.17   | 0.60%             | 2032-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BLACKROCK LIQUIDITY FUNDS                                | BLACKROCK LIQUIDITY FUNDS FEDFUND INSTL                                                                                                 | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  11271231 | NS      | $11271231.48  | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIFT4 PAYMENTS INC                                      | FOUR 0.5 08/01/27                                                                                                                       | CUSIP: 82452JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2590000 | PA      | $2440463.45   | 0.76%             | 2027-08-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                      | GPN 1.5 03/01/31                                                                                                                        | CUSIP: 37940XAU6<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1714225.00   | 0.53%             | 2031-03-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: —       |
| COINBASE GLOBAL INC                                      | COIN 0 10/01/29                                                                                                                         | CUSIP: 19260QAG2<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4319175.00   | 1.35%             | 2029-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                                    | UBER 0.875 12/01/28 2028                                                                                                                | CUSIP: 90353TAM2<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   1410000 | PA      | $1723725.00   | 0.54%             | 2028-12-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| GUARDANT HEALTH INC                                      | GH 0 05/15/33                                                                                                                           | CUSIP: 40131MAE9<br>LEI: 254900M8C3E5VC8BR186 | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1979090.63   | 0.62%             | 2033-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IONIS PHARMACEUTICALS INC                                | IONS 1.75 06/15/28                                                                                                                      | CUSIP: 462222AF7<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | DBT              | CORP              | US        |   1020000 | PA      | $1514700.00   | 0.47%             | 2028-06-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                     | OMF 7.125 11/15/31                                                                                                                      | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    755000 | PA      | $765607.00    | 0.24%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC                                      | FOUR 6.75 08/15/32 144A                                                                                                                 | CUSIP: 82453AAB3<br>LEI: 254900GTEMR7L40VPI74 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1442144.68   | 0.45%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                                      | CHDN 6.75 05/01/31 144A                                                                                                                 | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    790000 | PA      | $808025.43    | 0.25%             | 2031-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DATADOG INC                                              | DDOG 0 12/01/29                                                                                                                         | CUSIP: 23804LAD5<br>LEI: 549300F6JNO0KRPO1K63 | Long             | DBT              | CORP              | US        |   4565000 | PA      | $4590107.50   | 1.43%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                                | BABA 0.5 06/01/31                                                                                                                       | CUSIP: 01609WBG6<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |   1065000 | PA      | $1537327.50   | 0.48%             | 2031-06-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC (REIT)                                 | IRM 7 02/15/29 144A                                                                                                                     | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1200786.55   | 0.37%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                        | WASPRO 7 02/01/33 144A                                                                                                                  | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |    745000 | PA      | $758935.54    | 0.24%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LiveStyle Inc. Common Stock                              | LiveStyle Inc. Common Stock                                                                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90407 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOUTHERN COMPANY (THE)                                   | SO 3.25 06/15/28                                                                                                                        | CUSIP: 842587EC7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   3530000 | PA      | $3588245.00   | 1.12%             | 2028-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| AMERITEX HOLDCO INTERMEDIATE LLC                         | AMEPIP 7.625 08/15/33 144A                                                                                                              | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1065476.23   | 0.33%             | 2033-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| DRAFTKINGS HOLDINGS INC                                  | DKNG 0 03/15/28                                                                                                                         | CUSIP: 26142RAB0<br>LEI: 5493008P45UYYL683Z97 | Long             | DBT              | CORP              | US        |   2085000 | PA      | $1902562.50   | 0.59%             | 2028-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BOEING COMPANY (THE)                                     | BOEING COMPANY (THE) 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD                                                              | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |    105125 | NS      | $7590025.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: —       |
| COMMERCIAL METALS COMPANY                                | CMC 6 12/15/35 144A                                                                                                                     | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   1070000 | PA      | $1068941.56   | 0.33%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NCL CORP LTD                                             | NCLH 0.75 09/15/30                                                                                                                      | CUSIP: 62886HBW0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   3345000 | PA      | $3134842.35   | 0.98%             | 2030-09-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| SOLARIS ENERGY INFRASTRUCTURE INC                        | SEI 0.25 10/01/31                                                                                                                       | CUSIP: 83419XAB4<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | DBT              | CORP              | US        |   2305000 | PA      | $3520887.50   | 1.10%             | 2031-10-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| VSE CORP                                                 | VSEC 5.75 02/01/29                                                                                                                      | CUSIP: 918284209<br>LEI: 549300QWJYQDH4U5XI15 | Long             | DBT              | CORP              | US        |     40565 | PA      | $1874914.30   | 0.58%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  1 | On Loan: No      |
| NORTHERN OIL & GAS INC                                   | NOG 3.625 04/15/29                                                                                                                      | CUSIP: 665531AJ8<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |   2365000 | PA      | $2506900.00   | 0.78%             | 2029-04-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ALBEMARLE CORP                                           | ALBEMARLE CORP DEPOSITARY SHARES EACH REPRESENTING A 1/20TH INTEREST IN A SHARE OF 7.25% SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |     37785 | NS      | $2944962.90   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                 | MCHP 0.75 06/01/30                                                                                                                      | CUSIP: 595017BG8<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   3285000 | PA      | $3585577.50   | 1.12%             | 2030-06-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                                     | OMF 7.125 09/15/32                                                                                                                      | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1521085.76   | 0.47%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER COMPANY                           | GT 6.625 07/15/30                                                                                                                       | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    990000 | PA      | $980155.24    | 0.31%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: —       |
| GLOBAL MEDICAL RESPONSE INC                              | AIMEGR 7.375 10/01/32 144A                                                                                                              | CUSIP: 37960BAD7<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1282201.20   | 0.40%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                          | PFSI 7.875 12/15/29 144A                                                                                                                | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    740000 | PA      | $767798.24    | 0.24%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ACUSHNET COMPANY                                         | GOLF 5.625 12/01/33 144A                                                                                                                | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |    800000 | PA      | $803716.80    | 0.25%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SOFI TECHNOLOGIES INC                                    | SOFI 0 10/15/26                                                                                                                         | CUSIP: 83406FAA0<br>LEI: 549300SW81JCMVZDDY09 | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1503680.00   | 0.47%             | 2026-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ENVISTA HOLDINGS CORP                                    | NVST 1.75 08/15/28                                                                                                                      | CUSIP: 29415FAD6<br>LEI: 549300BX623VURJZ5269 | Long             | DBT              | CORP              | US        |   2560000 | PA      | $2547200.00   | 0.79%             | 2028-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INTUITIVE MACHINES INC                                   | LUNR 2.5 10/01/30                                                                                                                       | CUSIP: 46125AAA8<br>LEI: 254900386IE2PEPLVM59 | Long             | DBT              | CORP              | US        |   1435000 | PA      | $3178955.50   | 0.99%             | 2030-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP | HOUS 7 04/15/30 144A                                                                                                                    | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1510000 | PA      | $1510711.07   | 0.47%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ERICKSON INC                                             | ERICKSON INC COM                                                                                                                        | CUSIP: 29482Y200<br>LEI: 54930048K1C8M9G3EI51 | Long             | EC               | CORP              | US        |      6354 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                                  | TLN 6.5 02/01/36 144A                                                                                                                   | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   1470000 | PA      | $1475566.63   | 0.46%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANSPORTATION AND INFRASTRUCTURE INVESTORS LLC | FTAI 7.875 12/01/30 144A                                                                                                                | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   1820000 | PA      | $1910956.32   | 0.60%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                        | POST 6.375 03/01/33 144A                                                                                                                | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1559393.16   | 0.49%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                           | BBDBCN 6.75 06/15/33 144A                                                                                                               | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   2330000 | PA      | $2429497.99   | 0.76%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DOORDASH INC                                             | DASH 0 05/15/30                                                                                                                         | CUSIP: 25809KAA3<br>LEI: 549300NUQ43FGGSK5051 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1516860.00   | 0.47%             | 2030-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC                  | MTSI 0 12/15/29                                                                                                                         | CUSIP: 55405YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1950000 | PA      | $3430050.00   | 1.07%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| VIAVI SOLUTIONS INC                                      | VIAV 0.625 03/01/31                                                                                                                     | CUSIP: 925550AJ4<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    605000 | PA      | $2357987.50   | 0.74%             | 2031-03-01      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                            | LYV 2.875 01/15/30                                                                                                                      | CUSIP: 538034BC2<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   6735000 | PA      | $7499422.50   | 2.34%             | 2030-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| RIOT PLATFORMS INC                                       | RIOT 0.75 01/15/30                                                                                                                      | CUSIP: 767292AB1<br>LEI: 5299005LKZAJQDQZDF73 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $2410447.00   | 0.75%             | 2030-01-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| DIGITAL REALTY TRUST LP                                  | DLR 1.875 11/15/29                                                                                                                      | CUSIP: 25389JAX4<br>LEI: CD4SPTZ3YBTHY0C1AH38 | Long             | DBT              | CORP              | US        |   3410000 | PA      | $3826020.00   | 1.19%             | 2029-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP HOLDINGS INC                        | TIBX 6.5 03/31/29 144A                                                                                                                  | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1509166.78   | 0.47%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BRIDGEBIO PHARMA INC                                     | BBIO 0.75 02/01/33                                                                                                                      | CUSIP: 10806XAK8<br>LEI: 54930028YG89VTY2J114 | Long             | DBT              | CORP              | US        |    325000 | PA      | $322530.00    | 0.10%             | 2033-02-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                    | THC 6 11/15/33 144A                                                                                                                     | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1580000 | PA      | $1596967.62   | 0.50%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ULTRA CLEAN HOLDINGS INC                                 | UCTT 0 03/15/31                                                                                                                         | CUSIP: 90385VAA5<br>LEI: 5493007L6LS7QX18PE75 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $3001665.00   | 0.94%             | 2031-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                                             | MSTR 0 12/01/29                                                                                                                         | CUSIP: 594972AS0<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |   4850000 | PA      | $4189915.00   | 1.31%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MP MATERIALS CORP                                        | MPUS 3 03/01/30                                                                                                                         | CUSIP: 553368AC5<br>LEI: 89450063PHPS61USMT84 | Long             | DBT              | CORP              | US        |    835000 | PA      | $2634007.50   | 0.82%             | 2030-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INDIVIOR PHARMACEUTICALS INC                             | INDV 0.625 03/15/31                                                                                                                     | CUSIP: 45579UAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1390000 | PA      | $1579596.00   | 0.49%             | 2031-03-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| GENMAB A/S                                               | GMABDC 7.25 12/15/33 144A                                                                                                               | CUSIP: 37230JAB8<br>LEI: 529900MTJPDPE4MHJ122 | Long             | DBT              | CORP              | DK        |   1415000 | PA      | $1475374.50   | 0.46%             | 2033-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                            | PRAA 8.375 02/01/28 144A                                                                                                                | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    785000 | PA      | $797399.86    | 0.25%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ALIGNMENT HEALTHCARE INC                                 | ALHC 4.25 11/15/29                                                                                                                      | CUSIP: 01625VAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1845000 | PA      | $3051168.75   | 0.95%             | 2029-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                      | RRR 6.625 03/15/32 144A                                                                                                                 | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    820000 | PA      | $830222.12    | 0.26%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                | SUN 6.25 07/01/33 144A                                                                                                                  | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1200877.03   | 0.37%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                            | TDG 6.75 01/31/34 144a                                                                                                                  | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $1582035.84   | 0.49%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                         | FE 3.625 01/15/29                                                                                                                       | CUSIP: 337932AS6<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |   2970000 | PA      | $3244725.00   | 1.01%             | 2029-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| XPO INC                                                  | XPO 7.125 06/01/31 144A                                                                                                                 | CUSIP: 98379KAB8<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $1982281.61   | 0.62%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BRIGHTSPRING HEALTH SERVICES INC                         | BTSG 6.75 02/01/27                                                                                                                      | CUSIP: 10950A205<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22700 | PA      | $3587508.00   | 1.12%             | 2027-02-01      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| CIPHER COMPUTE LLC                                       | CIFR 7.125 11/15/30 144A                                                                                                                | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1555000 | PA      | $1611771.76   | 0.50%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUEMINES LNG LLC                       | VEGLPL 6.75 01/15/36 144A                                                                                                               | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    950000 | PA      | $1009888.00   | 0.32%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY COMPANY                                  | CRGY 2.75 03/15/31                                                                                                                      | CUSIP: 44952JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2155000 | PA      | $2479327.50   | 0.77%             | 2031-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP             | CHTR 6.375 09/01/29 144A                                                                                                                | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1247166.35   | 0.39%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GARRETT MOTION HOLDINGS INC                              | GTX 7.75 05/31/32 144A                                                                                                                  | CUSIP: 366504AA6<br>LEI: 5493001N1N6Z0SR83G07 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1127589.12   | 0.35%             | 2032-05-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                  | NXST 7.25 04/15/34 144A                                                                                                                 | CUSIP: 65346UAA7<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   1535000 | PA      | $1544802.56   | 0.48%             | 2034-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CENTRUS ENERGY CORP                                      | LEU 0 08/15/32                                                                                                                          | CUSIP: 15643UAF1<br>LEI: 549300G6VDK9G8276661 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1262725.00   | 0.39%             | 2032-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LIONS GATE TELEVISION INC                                | LGF 6 04/15/30 144a                                                                                                                     | CUSIP: 535939AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    735000 | PA      | $694575.00    | 0.22%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                | XYZ 0.25 11/01/27                                                                                                                       | CUSIP: 852234AK9<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   3670000 | PA      | $3446130.00   | 1.07%             | 2027-11-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                     | WDC 3 11/15/28                                                                                                                          | CUSIP: 958102AT2<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $17697372.00  | 5.52%             | 2028-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                          | PFSI 6.875 02/15/33 144A                                                                                                                | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    765000 | PA      | $752265.50    | 0.23%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                            | TDG 6.125 07/31/34 144A                                                                                                                 | CUSIP: 893647CB1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1376512.39   | 0.43%             | 2034-07-31      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| QXO INC                                                  | QXO INC DEPOSITARY SHARES EACH REPRESENTING A 1/20TH INTEREST IN A SHARE OF 5.50% SERIES B MANDATORY CONVERTIBLE PREFERRED STOCK        | CUSIP: 82846H504<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     23910 | NS      | $1352827.80   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVITA INC                                               | DVA 6.75 07/15/33 144A                                                                                                                  | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1551760.35   | 0.48%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                      | AXON 6.25 03/15/33 144A                                                                                                                 | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1159561.93   | 0.36%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WISDOMTREE INC                                           | WT 4.625 08/15/30                                                                                                                       | CUSIP: 97717PAJ3<br>LEI: 549300WIU8IS7UFO7871 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1763860.00   | 0.55%             | 2030-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LIGHT AND WONDER INTERNATIONAL INC                       | LNW 6.25 10/01/33 144A                                                                                                                  | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1145427.94   | 0.36%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LUMENTUM HOLDINGS INC                                    | LITE 0.375 03/15/32                                                                                                                     | CUSIP: 55024UAJ8<br>LEI: 549300JLWRRC38DWEF52 | Long             | DBT              | CORP              | US        |   2620000 | PA      | $12827258.00  | 4.00%             | 2032-03-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                     | OMF 6.75 09/15/33                                                                                                                       | CUSIP: 682691AN0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    780000 | PA      | $767206.52    | 0.24%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                   | WCC 5.5 04/15/34 144A                                                                                                                   | CUSIP: 95081QAU8<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1155000 | PA      | $1152029.34   | 0.36%             | 2034-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                                | PG&E CORP 6% SER A MAND CONV PFD STK                                                                                                    | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |     93970 | NS      | $3952378.20   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ INVESTMENTS I LTD                                   | JAZZ 3.125 09/15/30                                                                                                                     | CUSIP: 472145AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3035000 | PA      | $4534290.00   | 1.41%             | 2030-09-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: —       |
| DREYFUS GOVERNMENT CASH MANAGE                           | DREYFUS GOVERNMENT CASH MANAGE                                                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3217347 | NS      | $3217347.09   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMTECH CORP                                             | SMTC 0 10/15/30                                                                                                                         | CUSIP: 816850AJ0<br>LEI: 549300J7WUY317SW6O61 | Long             | DBT              | CORP              | US        |   1915000 | PA      | $2556525.00   | 0.80%             | 2030-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| LiveStyle Inc. Series B Preferred                        | LiveStyle Inc. Series B Preferred                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      4196 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INSULET CORP                                             | PODD 6.5 04/01/33 144A                                                                                                                  | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    830000 | PA      | $847262.34    | 0.26%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VERSANT MEDIA GROUP INC                                  | VSNT 7.25 01/30/31 144A                                                                                                                 | CUSIP: 925283AA1<br>LEI: 254900D2Q5F5F229PU30 | Long             | DBT              | CORP              | US        |   1435000 | PA      | $1489909.54   | 0.46%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                    | LVLT 8.5 01/15/36 144A                                                                                                                  | CUSIP: 527298CQ4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   1885000 | PA      | $2018855.74   | 0.63%             | 2036-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC                            | LYV 2.875 10/15/31                                                                                                                      | CUSIP: 538034BD0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   1035000 | PA      | $1072641.47   | 0.33%             | 2031-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS LTD                               | ADNT 7.5 02/15/33 144A                                                                                                                  | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   1565000 | PA      | $1600907.36   | 0.50%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AKAMAI TECHNOLOGIES INC                                  | AKAM 0.375 09/01/27                                                                                                                     | CUSIP: 00971TAL5<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | DBT              | CORP              | US        |   5030000 | PA      | $5570725.00   | 1.74%             | 2027-09-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                 | BLDR 6.375 06/15/32 144A                                                                                                                | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   1170000 | PA      | $1178153.73   | 0.37%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| DELUXE CORP                                              | DLX 8 06/01/29 144A                                                                                                                     | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    760000 | PA      | $768696.68    | 0.24%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                  | STX 8.5 07/15/31 144a                                                                                                                   | CUSIP: 81180LAQ8<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   1815000 | PA      | $1901172.57   | 0.59%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-29

**Name of Applicant:** Virtus AllianzGI Convertible & Income Fund II

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer