# EDGAR Filing Document

**Accession Number:** 0000759828
**File Stem:** 0001193125-25-332689
**Filing Date:** 2025-12
**Character Count:** 148636
**Document Hash:** 532c7174297a97d0d39f3390788c1238
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-332689.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001193125-25-332689

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JOHN HANCOCK INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000759828

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04173
- **FILM NUMBER:** 251603854

**BUSINESS ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116
- **BUSINESS PHONE:** 617-663-3000

**MAIL ADDRESS:**
- **STREET 1:** C/O JOHN HANCOCK FUNDS
- **STREET 2:** 200 BERKELEY STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02116

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HANCOCK JOHN INVESTORS TRUST
- **DATE OF NAME CHANGE:** 19920703

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** John Hancock Investors Trust

- **b. Investment Company Act file number:** 811-04173

- **c. CIK number of Registrant:** 0000759828

- **d. LEI of Registrant:** 5493007QBXBOZDX6R464

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

  - **Street Address 1:** 200 Berkeley Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02116

  - **Telephone number:** 617-543-9634

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

- **a. Name of Series:** John Hancock Investors Trust

- **c. LEI of Series:** 5493007QBXBOZDX6R464

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $221607579.62

**Total Liabilities:** $91829817.89

**Net Assets:** $129777761.73

**Stand-by Commitments:** $14342.85

**Cash Not Reported:** $856407.44

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -113.765342000000 | **1-Year:** -4019.773842000000 | **5-Year:** -8271.908668000000 | **10-Year:** -7824.930002000000 | **30-Year:** -4130.342879000000

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

- **3-Month:** -449.782610000000 | **1-Year:** -12592.201174000000 | **5-Year:** -28603.074809000000 | **10-Year:** -7356.275761999990 | **30-Year:** -507.358418000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.00%                | 0.88%                | -1.50%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $394051.08               | $827184.18                                 |
| Month 2  | $-16991.48               | $857712.69                                 |
| Month 3  | $-211078.77              | $-1000715.88                               |

**Designated Index Information**

- **Index Name:** Fund's Designated Reference Portfolio is the Fund's Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARCHROCK PARTNERS LP / ARCHROC COMPANY GUAR 144A 09/32 6.625   | ARCHROCK PARTNERS LP / ARCHROC COMPANY GUAR 144A 09/32 6.625   | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    670000 | PA      | $688587.14    | 0.53%             | 2032-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ARDAGH PACKAGING FINANCE PLC / SR SECURED 144A 08/26 4.125     | ARDAGH PACKAGING FINANCE PLC / SR SECURED 144A 08/26 4.125     | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1180000 | PA      | $1085600.00   | 0.84%             | 2026-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Aretec Group Inc.                                              | ARETEC GROUP INC 2024 1ST LIEN TERM LOAN B                     | CUSIP: 04009DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99250 | PA      | $99574.55     | 0.08%             | 2030-08-09      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| Ares Strategic Income Fund                                     | ARES STRATEGIC INCOME FUND SR UNSECURED 02/30 5.6              | CUSIP: 04020EAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2013417.30   | 1.55%             | 2030-02-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Ashland Inc.                                                   | ASHLAND INC SR UNSECURED 05/43 6.875                           | CUSIP: 044209AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    845000 | PA      | $877893.32    | 0.68%             | 2043-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                            | ATHENE HOLDING LTD PREFERRED STOCK 03/64 VAR                   | CUSIP: 04686J838<br>LEI: 549300H316CT32FQXI76 | Long             | EP               | CORP              | US        |     36025 | NS      | $909631.25    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Athene Holding Ltd.                                            | ATHENE HOLDING LTD JR SUBORDINA 10/54 VAR                      | CUSIP: 04686JAJ0<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995901.60    | 0.77%             | 2054-10-15      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Athene Holding Ltd.                                            | ATHENE HOLDING LTD JR SUBORDINA 06/55 VAR                      | CUSIP: 04686JAM3<br>LEI: 549300H316CT32FQXI76 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2007555.74   | 1.55%             | 2055-06-28      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| athenahealth Group Inc.                                        | ATHENAHEALTH INC 2022 TERM LOAN B                              | CUSIP: 04686RAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    333325 | PA      | $331605.04    | 0.26%             | 2029-02-15      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| BNP Paribas                                                    | BNP PARIBAS SA JR SUBORDINA 144A 12/99 VAR                     | CUSIP: 05602XDJ4<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    692000 | PA      | $737629.79    | 0.57%             | 2031-08-22      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN INSURANCE GROUP HOLDIN SR SECURED 144A 05/31 7.125     | BALDWIN INSURANCE GROUP HOLDIN SR SECURED 144A 05/31 7.125     | CUSIP: 05825XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $323241.66    | 0.25%             | 2031-05-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corporation                                    | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR                    | CUSIP: 06055HAB9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2529572.50   | 1.95%             | 2027-04-27      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Bank of Montreal                                               | BANK OF MONTREAL JR SUBORDINA 05/84 VAR                        | CUSIP: 06368LQ58<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   2156000 | PA      | $2284971.92   | 1.76%             | 2084-05-26      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| The Bank of Nova Scotia                                        | BANK OF NOVA SCOTIA/THE JR SUBORDINA 10/82 VAR                 | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $2115382.00   | 1.63%             | 2082-10-27      | Variable      | 8.62%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                                   | BARCLAYS PLC JR SUBORDINA 12/99 8                              | CUSIP: 06738EBX2<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2200000 | PA      | $2341453.40   | 1.80%             | 2029-03-15      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                    | BEACH ACQUISITION BIDCO LLC SR UNSECURED 144A 07/33 10         | CUSIP: 07337JAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    344000 | PA      | $369341.10    | 0.28%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Braskem Idesa S.A.P.I.                                         | BRASKEM IDESA SAPI SR SECURED 144A 02/32 6.99                  | CUSIP: 10554NAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    340000 | PA      | $217877.68    | 0.17%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                               | CSC HOLDINGS LLC SR UNSECURED 144A 12/30 4.625                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $72271.60     | 0.06%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE PLC / HOWD SR SECURED 144A 02/31 7.25      | HOWDEN UK REFINANCE PLC / HOWD SR SECURED 144A 02/31 7.25      | CUSIP: 44287GAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    466000 | PA      | $480298.74    | 0.37%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                          | HUB INTERNATIONAL LTD SR UNSECURED 144A 01/32 7.375            | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    321000 | PA      | $332691.54    | 0.26%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| IMA Financial Group Inc.                                       | IMA FINANCIAL GROUP INC. TERM LOAN                             | CUSIP: 44966KAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    725499 | PA      | $726921.11    | 0.56%             | 2028-11-01      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Iliad Holding                                                  | ILIAD HOLDING SAS SR SECURED 144A 04/32 7                      | CUSIP: 449691AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |    246000 | PA      | $251749.51    | 0.19%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INEOS Finance Plc                                              | INEOS FINANCE PLC SR SECURED 144A 05/28 6.75                   | CUSIP: 44984WAH0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     82000 | PA      | $77335.23     | 0.06%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc.                                      | IHEARTCOMMUNICATIONS INC SECURED 144A 05/30 10.875             | CUSIP: 45174HBL0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    674400 | PA      | $486165.99    | 0.37%             | 2030-05-01      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| MVW 2022-1 LLC                                                 | MVW 2022-1 LLC MVWOT 2022 1A D 144A                            | CUSIP: 55400UAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    313923 | PA      | $314141.45    | 0.24%             | 2039-11-21      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings LLC                                     | MACY'S RETAIL HOLDINGS LLC COMPANY GUAR 144A 03/30 5.875       | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $224982.74    | 0.17%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings LLC                                     | MACY'S RETAIL HOLDINGS LLC COMPANY GUAR 144A 08/33 7.375       | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    449000 | PA      | $473139.14    | 0.36%             | 2033-08-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WarnerMedia Holdings Inc.                                      | WARNERMEDIA HOLDINGS INC COMPANY GUAR 03/32 4.279              | CUSIP: 55903VBQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1163240.63   | 0.90%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| The Michaels Companies Inc.                                    | MICHAELS COS INC/THE SR UNSECURED 144A 05/29 7.875             | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    441000 | PA      | $386977.50    | 0.30%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Magnera Corporation                                            | MAGNERA CORP SR SECURED 144A 11/31 7.25                        | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    793000 | PA      | $684719.82    | 0.53%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                    | MATCH GROUP HOLDINGS II LLC SR UNSECURED 144A 09/33 6.125      | CUSIP: 57667JAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    614000 | PA      | $618123.62    | 0.48%             | 2033-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Amynta Agency Borrower Inc.                                    | AMYNTA AGENCY BORROWER INC 2025 TERM LOAN B                    | CUSIP: 57810JAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    657695 | PA      | $658208.00    | 0.51%             | 2031-12-29      | Floating      | 6.71%                 | No            |                  2 | On Loan: No      |
| Stagwell Global LLC                                            | STAGWELL GLOBAL LLC COMPANY GUAR 144A 08/29 5.625              | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    771000 | PA      | $734598.85    | 0.57%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDC SR SECURED 144A 04/32 6.75      | MITER BRANDS ACQUISITION HOLDC SR SECURED 144A 04/32 6.75      | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    258000 | PA      | $264824.62    | 0.20%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MVW 2023-1 LLC MVWOT 2023 1A D 144A                            | MVW 2023-1 LLC MVWOT 2023 1A D 144A                            | CUSIP: 62848PAD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330114 | PA      | $340491.05    | 0.26%             | 2040-10-20      | Fixed         | 8.83%                 | No            |                  2 | On Loan: No      |
| NCR Voyix Corporation                                          | NCR VOYIX CORP COMPANY GUAR 144A 04/29 5.125                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     44000 | PA      | $43543.71     | 0.03%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| SM Energy Company                                              | SM ENERGY CO SR UNSECURED 144A 08/32 7                         | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    656000 | PA      | $641741.97    | 0.49%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                | SABRE GLBL INC SR SECURED 144A 06/27 8.625                     | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    227000 | PA      | $228229.69    | 0.18%             | 2027-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                | SABRE GLBL INC SR SECURED 144A 11/29 10.75                     | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    389000 | PA      | $369550.00    | 0.28%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Scripps Escrow II Inc.                                         | SCRIPPS ESCROW II INC SR UNSECURED 144A 01/31 5.375            | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    393000 | PA      | $270349.23    | 0.21%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                      | SEAGATE DATA STORAGE TECHNOLOG COMPANY GUAR 144A 12/29 8.25    | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    168000 | PA      | $178492.65    | 0.14%             | 2029-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Seagate Data Storage Technology Pte. Ltd.                      | SEAGATE DATA STORAGE TECHNOLOG COMPANY GUAR 144A 12/34 5.75    | CUSIP: 81180LAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    939000 | PA      | $959811.06    | 0.74%             | 2034-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Stanley Black and Decker Inc.                                  | STANLEY BLACK and DECKER INC JR SUBORDINA 03/60 VAR            | CUSIP: 854502AM3<br>LEI: 549300DJ09SMTO561131 | Long             | DBT              | CORP              | US        |   1252000 | PA      | $1237554.67   | 0.95%             | 2060-03-15      | Variable      | 6.71%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust Inc.                                   | STARWOOD PROPERTY TRUST INC COMPANY GUAR 144A 10/28 5.25       | CUSIP: 85571BBF1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    452000 | PA      | $453637.60    | 0.35%             | 2028-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Starwood Property Trust Inc.                                   | STARWOOD PROPERTY TRUST INC SR UNSECURED 144A 01/31 5.75       | CUSIP: 85571BBG9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |    248000 | PA      | $251499.73    | 0.19%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Summit Acquisition Inc.                                        | SUMMIT ACQUISITION INC 2025 ADD ON TERM LOAN                   | CUSIP: 86600DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    776308 | PA      | $775663.16    | 0.60%             | 2031-10-16      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                      | SUNOCO LP COMPANY GUAR 144A 03/31 5.625                        | CUSIP: 86765KAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    279000 | PA      | $279179.96    | 0.22%             | 2031-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                      | SUNOCO LP COMPANY GUAR 144A 03/34 5.875                        | CUSIP: 86765KAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    488000 | PA      | $487919.97    | 0.38%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Sunoco LP and Sunoco Finance Corp.                             | SUNOCO LP / SUNOCO FINANCE COR COMPANY GUAR 04/27 6            | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    436000 | PA      | $436665.77    | 0.34%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sunoco LP and Sunoco Finance Corp.                             | SUNOCO LP / SUNOCO FINANCE COR COMPANY GUAR 04/30 4.5          | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    374000 | PA      | $362293.62    | 0.28%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                        | TALEN ENERGY SUPPLY LLC COMPANY GUAR 144A 02/34 6.25           | CUSIP: 87422VAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    623000 | PA      | $638854.90    | 0.49%             | 2034-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                   | TENET HEALTHCARE CORP COMPANY GUAR 10/28 6.125                 | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    600000 | PA      | $600773.40    | 0.46%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Townsquare Media Inc.                                          | TOWNSQUARE MEDIA INC 2025 TERM LOAN                            | CUSIP: 89223EAG8<br>LEI: 549300XBA8C68H0DR538 | Long             | LON              | CORP              | US        |    669472 | PA      | $586624.91    | 0.45%             | 2030-02-19      | Floating      | 9.20%                 | No            |                  2 | On Loan: No      |
| AAdvantage Loyalty IP Ltd.                                     | AMERICAN AIRLINES INC 2025 TERM LOAN                           | CUSIP: 02376CBS3<br>LEI: N/A                  | Long             | LON              | CORP              | KY        |    798926 | PA      | $799565.60    | 0.62%             | 2028-04-20      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| American Axle and Manufacturing Inc.                           | AMERICAN AXLE and MANUFACTURING SR SECURED 144A 10/32 6.375    | CUSIP: 02406PBC3<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |     84000 | PA      | $84249.76     | 0.06%             | 2032-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| American Axle and Manufacturing Inc.                           | AMERICAN AXLE and MANUFACTURING COMPANY GUAR 144A 10/33 7.75   | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    336000 | PA      | $336473.23    | 0.26%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Amkor Technology Inc.                                          | AMKOR TECHNOLOGY INC COMPANY GUAR 144A 10/33 5.875             | CUSIP: 031652BL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $128177.41    | 0.10%             | 2033-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AMYNTA AGENCY BORROWER INC AND SR UNSECURED 144A 07/33 7.5     | AMYNTA AGENCY BORROWER INC AND SR UNSECURED 144A 07/33 7.5     | CUSIP: 03238AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $76242.27     | 0.06%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP / SR UNSECURED 144A 10/33 5.75    | ANTERO MIDSTREAM PARTNERS LP / SR UNSECURED 144A 10/33 5.75    | CUSIP: 03690AAM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $209698.57    | 0.16%             | 2033-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Anticimex Global AB                                            | ANTICIMEX INTERNATIONAL AB 2024 TERM LOAN B6                   | CUSIP: 03703HAB2<br>LEI: N/A                  | Long             | LON              | CORP              | SE        |    204450 | PA      | $205153.27    | 0.16%             | 2028-11-16      | Floating      | 7.76%                 | No            |                  2 | On Loan: No      |
| Arches Buyer Inc.                                              | ARCHES BUYER INC SR UNSECURED 144A 12/28 6.125                 | CUSIP: 039524AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $302030.30    | 0.23%             | 2028-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Arches Buyer Inc.                                              | ARCHES BUYER INC 2021 TERM LOAN B                              | CUSIP: 03952HAD6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    683964 | PA      | $684723.56    | 0.53%             | 2027-12-06      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| EchoStar Corporation                                           | ECHOSTAR CORP SR SECURED 11/29 10.75                           | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    441000 | PA      | $485485.64    | 0.37%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Enact Holdings Inc.                                            | ENACT HOLDINGS INC SR UNSECURED 05/29 6.25                     | CUSIP: 29249EAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1068000 | PA      | $1117740.83   | 0.86%             | 2029-05-28      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital Inc.                                  | ZF NORTH AMERICA CAPITAL INC COMPANY GUAR 144A 04/30 6.75      | CUSIP: 98877DAF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    554000 | PA      | $527363.07    | 0.41%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital Inc.                                  | ZF NORTH AMERICA CAPITAL INC COMPANY GUAR 144A 03/31 7.5       | CUSIP: 98877DAH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    430000 | PA      | $413483.86    | 0.32%             | 2031-03-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALTICE HOLDINGS 1 SR UNSECURED 144A 12/99 0.0000               | ALTICE HOLDINGS 1 SR UNSECURED 144A 12/99 0.0000               | CUSIP: ACI30TT38<br>LEI: N/A                  | Long             | DBT              | CORP              | FR        |       501 | PA      | $73.17        | 0.00%             | 2033-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SoftBank Group Corp.                                           | SOFTBANK GROUP CORP SUBORDINATED REGS 12/99 VAR                | CUSIP: AO2625157<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    783000 | PA      | $783978.75    | 0.60%             | 2027-07-19      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| SoftBank Group Corp.                                           | SOFTBANK GROUP CORP SR UNSECURED REGS 09/27 5.125              | CUSIP: AP1047038<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |   1500000 | PA      | $1497044.60   | 1.15%             | 2027-09-19      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                               | GARDA WORLD SECURITY CORP 2025 TERM LOAN B                     | CUSIP: C4000KAG9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | LON              | CORP              | CA        |    833829 | PA      | $833136.95    | 0.64%             | 2029-02-01      | Floating      | 7.05%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings Inc.                                | AMC ENTERTAINMENT HOLDINGS INC SR SECURED 144A 02/29 7.5       | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    245000 | PA      | $208277.31    | 0.16%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SOLD EUR/BOUGHT USD                                            | SOLD EUR/BOUGHT USD                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | DE        |         1 | NC      | $496.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| The Edelman Financial Engines Center LLC                       | EDELMAN FINANCIAL CENTER LLC 2024 2ND LIEN TERM LOAN           | CUSIP: 27943TAC3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    912000 | PA      | $912000.00    | 0.70%             | 2028-10-06      | Floating      | 9.21%                 | No            |                  2 | On Loan: No      |
| EFESTO BIDCO SPA EFESTO US LLC SR SECURED 144A 02/32 7.5       | EFESTO BIDCO SPA EFESTO US LLC SR SECURED 144A 02/32 7.5       | CUSIP: 28201XAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |    200000 | PA      | $199687.00    | 0.15%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                  | ENBRIDGE INC SUBORDINATED 01/83 VAR                            | CUSIP: 29250NBP9<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |    801000 | PA      | $867875.49    | 0.67%             | 2083-01-15      | Variable      | 7.62%                 | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                                  | ENBRIDGE INC SUBORDINATED 01/84 VAR                            | CUSIP: 29250NBT1<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   1369000 | PA      | $1573988.58   | 1.21%             | 2084-01-15      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                    | CRESCENT ENERGY FINANCE LLC COMPANY GUAR 144A 01/34 8.375      | CUSIP: 45344LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1076000 | PA      | $1052403.32   | 0.81%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| INEOS Quattro Finance 2 Plc                                    | INEOS QUATTRO FINANCE 2 PLC SR SECURED 144A 03/29 9.625        | CUSIP: 45674GAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     58000 | PA      | $54357.02     | 0.04%             | 2029-03-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Inversion Escrow Issuer LLC                                    | INVERSION ESCROW ISSUER LLC SR SECURED 144A 08/32 6.75         | CUSIP: 46150DAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    626000 | PA      | $611232.03    | 0.47%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JBS USA HOLDING LUX SARL/ JBS COMPANY GUAR 04/33 5.75          | JBS USA HOLDING LUX SARL/ JBS COMPANY GUAR 04/33 5.75          | CUSIP: 46590XAY2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    610000 | PA      | $635457.13    | 0.49%             | 2033-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| J and J Ventures Gaming LLC                                    | J+J VENTURES GAMING LLC 2025 REPRICED TERM LOAN B              | CUSIP: 46604BAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1583345 | PA      | $1564044.24   | 1.21%             | 2030-04-26      | Floating      | 7.46%                 | No            |                  2 | On Loan: No      |
| Jacobs Entertainment Inc.                                      | JACOBS ENTERTAINMENT INC SR UNSECURED 144A 02/29 6.75          | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |    255000 | PA      | $247031.25    | 0.19%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JANE STREET GROUP / JSG FINANC SR SECURED 144A 05/33 6.75      | JANE STREET GROUP / JSG FINANC SR SECURED 144A 05/33 6.75      | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    413000 | PA      | $430829.12    | 0.33%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JELD-WEN Inc.                                                  | JELD-WEN INC COMPANY GUAR 144A 09/32 7                         | CUSIP: 47580PAA1<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |    749000 | PA      | $617923.43    | 0.48%             | 2032-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS CORP / JETBLUE SR SECURED 144A 09/31 9.875     | JETBLUE AIRWAYS CORP / JETBLUE SR SECURED 144A 09/31 9.875     | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1089000 | PA      | $1070372.16   | 0.82%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| June Purchaser LLC                                             | JANE PURCHASER LLC TERM LOAN                                   | CUSIP: 48171UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     85286 | PA      | $85626.85     | 0.07%             | 2031-11-28      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                      | TORONTO-DOMINION BANK/THE JR SUBORDINA 07/84 VAR               | CUSIP: 89116CKP1<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1054000 | PA      | $1113441.07   | 0.86%             | 2084-07-31      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                                      | TORONTO-DOMINION BANK/THE JR SUBORDINA 10/82 VAR               | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   2100000 | PA      | $2217900.30   | 1.71%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                                 | TRANSDIGM INC COMPANY GUAR 05/29 4.875                         | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    430000 | PA      | $426040.99    | 0.33%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                                 | TRANSDIGM INC SR SUBORDINA 144A 01/34 6.75                     | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    583000 | PA      | $604152.99    | 0.47%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TransMontaigne Partners LLC                                    | TRANSMONTAIGNE PARTNERS LLC COMPANY GUAR 144A 06/30 8.5        | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    237000 | PA      | $247937.55    | 0.19%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Transocean International Limited                               | TRANSOCEAN INTERNATIONAL LTD SR SECURED 144A 10/32 7.875       | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |     82000 | PA      | $84447.63     | 0.07%             | 2032-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TriNet Group Inc.                                              | TRINET GROUP INC SR UNSECURED 144A 08/31 7.125                 | CUSIP: 896288AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    648000 | PA      | $672331.10    | 0.52%             | 2031-08-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Trivium Packaging Finance B.V.                                 | TRIVIUM PACKAGING FINANCE BV SR SECURED 144A 07/30 8.25        | CUSIP: 89686QAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    200000 | PA      | $207194.80    | 0.16%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Tronox Incorporated                                            | TRONOX INC COMPANY GUAR 144A 03/29 4.625                       | CUSIP: 897051AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $73773.39     | 0.06%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                                   | TRUIST FINANCIAL CORP SR UNSECURED 01/35 VAR                   | CUSIP: 89788MAS1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    413000 | PA      | $432875.10    | 0.33%             | 2035-01-24      | Variable      | 5.71%                 | No            |                  2 | On Loan: No      |
| CRC Insurance Group LLC                                        | TRUIST INSURANCE HOLDINGS LLC 2ND LIEN TERM LOAN               | CUSIP: 89788VAE2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    340000 | PA      | $344165.00    | 0.27%             | 2032-05-06      | Floating      | 8.75%                 | No            |                  2 | On Loan: No      |
| Civitas Resources Inc.                                         | CIVITAS RESOURCES INC COMPANY GUAR 144A 07/31 8.75             | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    690000 | PA      | $709357.65    | 0.55%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                           | DISH DBS CORP COMPANY GUAR 06/29 5.125                         | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    274000 | PA      | $236537.82    | 0.18%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                           | DISH DBS CORP SR SECURED 144A 12/26 5.25                       | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    319000 | PA      | $313868.66    | 0.24%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                           | DISH DBS CORP SR SECURED 144A 12/28 5.75                       | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    276000 | PA      | $265199.47    | 0.20%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Brundage-Bone Concrete Pumping Holdings Inc.                   | BRUNDAGE-BONE CONCRETE PUMPING SR SECURED 144A 02/32 7.5       | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    644000 | PA      | $649761.87    | 0.50%             | 2032-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corporation                               | OCCIDENTAL PETROLEUM CORP SR UNSECURED 09/30 6.625             | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    340000 | PA      | $364995.44    | 0.28%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bapco Energies B.S.C Closed                                    | BAPCO ENERGIES BSC CLOSED SR UNSECURED 144A 10/27 7.5          | CUSIP: 67778M2A7<br>LEI: N/A                  | Long             | DBT              | CORP              | BH        |   1155000 | PA      | $1204826.70   | 0.93%             | 2027-10-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                            | PETROLEOS MEXICANOS COMPANY GUAR 02/32 6.7                     | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    632000 | PA      | $631458.25    | 0.49%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| PETSMART LLC / PETSMART FINANC SR SECURED 144A 09/32 7.5       | PETSMART LLC / PETSMART FINANC SR SECURED 144A 09/32 7.5       | CUSIP: 71677KAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    522000 | PA      | $520668.90    | 0.40%             | 2032-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Saks Global Enterprises LLC                                    | SAKS GLOBAL ENTERPRISES LLC SR SECURED 144A 12/29 11           | CUSIP: 79380MAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    139750 | PA      | $31094.38     | 0.02%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Saks Global Enterprises LLC                                    | SAKS GLOBAL ENTERPRISES LLC SR SECURED 144A 12/29 11           | CUSIP: 79380MAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    279500 | PA      | $120185.00    | 0.09%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| The Scotts Miracle-Gro Company                                 | SCOTTS MIRACLE-GRO CO/THE COMPANY GUAR 04/31 4                 | CUSIP: 810186AX4<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    700000 | PA      | $648026.19    | 0.50%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The E.W. Scripps Company                                       | EW SCRIPPS CO/THE SECURED 144A 08/30 9.875                     | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |     83000 | PA      | $78711.94     | 0.06%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| SGUS LLC                                                       | SGUS LLC SR SECURED 144A 12/29 11                              | CUSIP: 81880AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180404 | PA      | $155600.25    | 0.12%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| SIMMONS FOODS INC/SIMMONS PREP SECURED 144A 03/29 4.625        | SIMMONS FOODS INC/SIMMONS PREP SECURED 144A 03/29 4.625        | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    463000 | PA      | $443626.54    | 0.34%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Cenovus Energy Inc.                                            | CENOVUS ENERGY INC SR UNSECURED 11/39 6.75                     | CUSIP: 15135UAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    115000 | PA      | $126815.72    | 0.10%             | 2039-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Snap Inc.                                                      | SNAP INC COMPANY GUAR 144A 03/33 6.875                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |    600000 | PA      | $613587.00    | 0.47%             | 2033-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Sotheby's                                                      | SOTHEBY'S SR SECURED 144A 10/27 7.375                          | CUSIP: 835898AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $747109.73    | 0.58%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Champion Iron Canada Inc.                                      | CHAMPION IRON CANADA INC COMPANY GUAR 144A 07/32 7.875         | CUSIP: 15853BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    169000 | PA      | $177183.83    | 0.14%             | 2032-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Choice Hotels International Inc.                               | CHOICE HOTELS INTERNATIONAL IN SR UNSECURED 08/34 5.85         | CUSIP: 169905AH9<br>LEI: 5493003CYRY5RFGTIR97 | Long             | DBT              | CORP              | US        |   1101000 | PA      | $1119710.58   | 0.86%             | 2034-08-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Block Inc.                                                     | BLOCK INC SR UNSECURED 06/31 3.5                               | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    600000 | PA      | $558652.92    | 0.43%             | 2031-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cimpress Public Limited Company                                | CIMPRESS PLC COMPANY GUAR 144A 09/32 7.375                     | CUSIP: 17186HAH5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    433000 | PA      | $440074.35    | 0.34%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO IRREVOCABLE DE ADM SR SECURED 144A 09/31 11        | FIDEICOMISO IRREVOCABLE DE ADM SR SECURED 144A 09/31 11        | CUSIP: 171928AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    202000 | PA      | $70700.00     | 0.05%             | 2030-09-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cinemark USA Inc.                                              | CINEMARK USA INC COMPANY GUAR 144A 08/32 7                     | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    126000 | PA      | $130575.82    | 0.10%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DISH Network Corporation                                       | DISH NETWORK CORP SR SECURED 144A 11/27 11.75                  | CUSIP: 25470MAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    990000 | PA      | $1042255.17   | 0.80%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| Consensus Cloud Solutions Inc.                                 | CONSENSUS CLOUD SOLUTIONS INC COMPANY GUAR 144A 10/28 6.5      | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $599118.84    | 0.46%             | 2028-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Consolidated Energy Finance SA                                 | CONSOLIDATED ENERGY FINANCE SA COMPANY GUAR 144A 02/31 12      | CUSIP: 20914UAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    150000 | PA      | $106605.00    | 0.08%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Diebold Nixdorf Incorporated                                   | DIEBOLD NIXDORF INC SR SECURED 144A 03/30 7.75                 | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |     55000 | PA      | $58242.42     | 0.04%             | 2030-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC / DIRECT SR SECURED 144A 02/31 10        | DIRECTV FINANCING LLC / DIRECT SR SECURED 144A 02/31 10        | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    963000 | PA      | $959035.62    | 0.74%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                   | DIVERSIFIED HEALTHCARE TRUST SR SECURED 144A 01/26 0.00000     | CUSIP: 25525PAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    253000 | PA      | $250199.64    | 0.19%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                   | DIVERSIFIED HEALTHCARE TRUST SR SECURED 144A 10/30 7.25        | CUSIP: 25525PAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    126000 | PA      | $127264.28    | 0.10%             | 2030-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Bread Financial Holdings Inc.                                  | BREAD FINANCIAL HOLDINGS INC COMPANY GUAR 144A 05/31 6.75      | CUSIP: 018581AR9<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    285000 | PA      | $286949.98    | 0.22%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC / Allied Universal Finance Corp    | ALLIED UNIVERSAL HOLDCO LLC / SR SECURED 144A 06/30 6.875      | CUSIP: 019576AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    940000 | PA      | $964343.18    | 0.74%             | 2030-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                           | ALPHA GENERATION LLC COMPANY GUAR 144A 01/34 6.25              | CUSIP: 02073LAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    165000 | PA      | $166917.49    | 0.13%             | 2034-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Altice France                                                  | ALTICE SA SR SECURED 144A 11/29 9.5                            | CUSIP: 02090DAA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    274155 | PA      | $279328.38    | 0.22%             | 2029-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE LUX 3 / ALTICE H SR UNSECURED 144A 01/33 10      | ALTICE FRANCE LUX 3 / ALTICE H SR UNSECURED 144A 01/33 10      | CUSIP: 020956AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    120000 | PA      | $112744.85    | 0.09%             | 2033-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                          | ALTICE FINANCING SA SR SECURED 144A 07/27 9.625                | CUSIP: 02154CAJ2<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    940000 | PA      | $802922.93    | 0.62%             | 2027-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| NMI Holdings Inc.                                              | NMI HOLDINGS INC SR UNSECURED 08/29 6                          | CUSIP: 629209AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    649000 | PA      | $669151.45    | 0.52%             | 2029-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                             | NEWELL BRANDS INC SR UNSECURED 09/27 6.375                     | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1242000 | PA      | $1238707.32   | 0.95%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                             | NEWELL BRANDS INC SR UNSECURED 144A 06/28 8.5                  | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    766000 | PA      | $785852.41    | 0.61%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Capital Holdings Inc.                           | NEXTERA ENERGY CAPITAL HOLDING COMPANY GUAR 08/55 VAR          | CUSIP: 65339KDE7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2056000 | PA      | $2139907.42   | 1.65%             | 2055-08-15      | Variable      | 6.38%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Acceptance Corporation                            | NISSAN MOTOR ACCEPTANCE CO LLC SR UNSECURED 144A 09/28 5.625   | CUSIP: 65480CAK1<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    423000 | PA      | $422687.21    | 0.33%             | 2028-09-29      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Co. Ltd.                                          | NISSAN MOTOR CO LTD SR UNSECURED 144A 07/30 7.5                | CUSIP: 654922AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    518000 | PA      | $542050.69    | 0.42%             | 2030-07-17      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc.                                                 | NORDSTROM INC SR SECURED 01/44 5                               | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    900000 | PA      | $675380.79    | 0.52%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                | FANNIE MAE POOL FN 07/55 FIXED 6                               | CUSIP: 3140Y6W48<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4446217 | PA      | $4587241.91   | 3.53%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Northern Oil and Gas Inc.                                      | NORTHERN OIL and GAS INC SR UNSECURED 144A 10/33 7.875         | CUSIP: 665531AL3<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    126000 | PA      | $122724.33    | 0.09%             | 2033-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN SR UNSECURED 144A 04/31 5.125 | ORGANON and CO / ORGANON FOREIGN SR UNSECURED 144A 04/31 5.125 | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    311000 | PA      | $238392.94    | 0.18%             | 2031-04-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                | FANNIE MAE POOL FN 07/55 FIXED 6                               | CUSIP: 3140Y6W55<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4134879 | PA      | $4250522.89   | 3.28%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Focus Financial Partners LLC                                   | FOCUS FINANCIAL PARTNERS LLC SR SECURED 144A 09/31 6.75        | CUSIP: 34417VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1086000 | PA      | $1119312.54   | 0.86%             | 2031-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Owens-Brockway Glass Container Inc.                            | OWENS-BROCKWAY GLASS CONTAINER COMPANY GUAR 144A 05/31 7.25    | CUSIP: 69073TAU7<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1078008.14   | 0.83%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Pagaya US Holding Company LLC                                  | PAGAYA US HOLDINGS CO LLC COMPANY GUAR 144A 08/30 8.875        | CUSIP: 69549FAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $181068.18    | 0.14%             | 2030-08-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Panther Escrow Issuer LLC                                      | PANTHER ESCROW ISSUER LLC SR SECURED 144A 06/31 7.125          | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    755000 | PA      | $780275.14    | 0.60%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc.                               | PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 02/33 6.875   | CUSIP: 70932MAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    382000 | PA      | $395155.13    | 0.30%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc.                               | PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 05/32 6.875   | CUSIP: 70932MAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $370296.60    | 0.29%             | 2032-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc.                               | PENNYMAC FINANCIAL SERVICES IN COMPANY GUAR 144A 02/34 6.75    | CUSIP: 70932MAH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $435618.63    | 0.34%             | 2034-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Rocket Companies Inc.                                          | ROCKET COS INC COMPANY GUAR 144A 08/33 6.375                   | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    468000 | PA      | $487529.64    | 0.38%             | 2033-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SBL Holdings LLC                                               | SBL HOLDINGS INC SR UNSECURED 144A 02/31 5                     | CUSIP: 78397DAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    587000 | PA      | $544890.86    | 0.42%             | 2031-02-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SESI L.L.C.                                                    | SESI LLC SR SECURED 144A 09/30 7.875                           | CUSIP: 78412FAX2<br>LEI: XDZ56K6RXS5J1ESBZS35 | Long             | DBT              | CORP              | US        |    206000 | PA      | $202168.55    | 0.16%             | 2030-09-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Altice France                                                  | ALTICE FRANCE SA 2023 USD TERM LOAN B14                        | CUSIP: F6628DAN4<br>LEI: 5493001ZMCICV4N02J21 | Long             | LON              | CORP              | FR        |    651641 | PA      | $622316.85    | 0.48%             | 2028-08-15      | Floating      | 9.40%                 | No            |                  2 | On Loan: No      |
| Trinseo Holding S.a r.l.                                       | TRINSEO MATERIALS OPERATING 2021 TERM LOAN B2                  | CUSIP: L9339LAK9<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    864280 | PA      | $152147.82    | 0.12%             | 2028-05-03      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Anticimex Global AB                                            | ANTICIMEX INTERNATIONAL AB 2021 USD TERM LOAN B1               | CUSIP: W8189EAB6<br>LEI: N/A                  | Long             | LON              | CORP              | SE        |    494859 | PA      | $496447.10    | 0.38%             | 2028-11-16      | Floating      | 7.76%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                  | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/26 6.95               | CUSIP: 345397C43<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1005880.46   | 0.78%             | 2026-03-06      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                                  | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/30 7.35               | CUSIP: 345397C68<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    407000 | PA      | $435345.29    | 0.34%             | 2030-03-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corporation                                   | FREEDOM MORTGAGE CORP SR UNSECURED 144A 10/30 12.25            | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    576000 | PA      | $641183.62    | 0.49%             | 2030-10-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                  | FREEDOM MORTGAGE HOLDINGS LLC SR UNSECURED 144A 04/32 8.375    | CUSIP: 35641AAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    336000 | PA      | $350318.35    | 0.27%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                  | FREEDOM MORTGAGE HOLDINGS LLC SR UNSECURED 144A 04/33 7.875    | CUSIP: 35641AAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    221000 | PA      | $227011.86    | 0.17%             | 2033-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Froneri Lux Finco S.a r.l.                                     | FRONERI LUX FINCO SARL SR SECURED 144A 08/32 6                 | CUSIP: 35901MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   2107000 | PA      | $2125493.14   | 1.64%             | 2032-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Camposol S.A.                                                  | CAMPOSOL SA COMPANY GUAR REGS 02/27 6                          | CUSIP: ZP7442269<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |   1139000 | PA      | $1117636.06   | 0.86%             | 2027-02-03      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Full House Resorts Inc.                                        | FULL HOUSE RESORTS INC SR SECURED 144A 02/28 8.25              | CUSIP: 359678AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    666000 | PA      | $591314.98    | 0.46%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| The GEO Group Inc.                                             | GEO GROUP INC/THE COMPANY GUAR 04/31 10.25                     | CUSIP: 36162JAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    993000 | PA      | $1087437.28   | 0.84%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Frontier Florida LLC                                           | FRONTIER FLORIDA LLC SR UNSECURED 02/28 6.86                   | CUSIP: 362333AH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $727776.00    | 0.56%             | 2028-02-01      | Fixed         | 6.86%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                               | GARDA WORLD SECURITY CORP SR UNSECURED 144A 08/32 8.25         | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    338000 | PA      | $343929.53    | 0.27%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corporation                               | GARDA WORLD SECURITY CORP SR UNSECURED 144A 11/32 8.375        | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    243000 | PA      | $247247.40    | 0.19%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| General Motors Company                                         | GENERAL MOTORS CO SR UNSECURED 04/46 6.75                      | CUSIP: 37045VAL4<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1620554.33   | 1.25%             | 2046-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 01/29 8.25         | GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 01/29 8.25         | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    894000 | PA      | $934047.82    | 0.72%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 05/33 8            | GENESIS ENERGY LP / GENESIS EN COMPANY GUAR 05/33 8            | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    527000 | PA      | $544290.87    | 0.42%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Olympus Water US Holding Corporation                           | OLYMPUS WATER US HOLDING CORP SR SECURED 144A 02/33 7.25       | CUSIP: 681639AE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    204000 | PA      | $203055.35    | 0.16%             | 2033-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 03/30 7.875                  | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1053940.23   | 0.81%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Global Aviation Holdings Inc.                                  | GLOBAL AVIATION HLDGS INC COMMON STOCK                         | CUSIP: 37953C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82159 | NS      | $0.08         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PETSMART LLC / PETSMART FINANC COMPANY GUAR 144A 09/33 10      | PETSMART LLC / PETSMART FINANC COMPANY GUAR 144A 09/33 10      | CUSIP: 71677KAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $326375.08    | 0.25%             | 2033-09-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| PHH ESCROW ISSUER LLC/PHH CORP SR UNSECURED 144A 11/29 9.875   | PHH ESCROW ISSUER LLC/PHH CORP SR UNSECURED 144A 11/29 9.875   | CUSIP: 716964AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    241000 | PA      | $241924.84    | 0.19%             | 2029-11-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 03/32 6.75                   | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    218000 | PA      | $221230.54    | 0.17%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 05/30 6.125                  | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    912000 | PA      | $922725.12    | 0.71%             | 2030-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                         | PLAYTIKA HOLDING CORP. 2021 TERM LOAN                          | CUSIP: 72814CAF5<br>LEI: N/A                  | Long             | LON              | CORP              | IL        |   1496084 | PA      | $1460820.86   | 1.13%             | 2028-03-13      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Playtika Holding Corp.                                         | PLAYTIKA HOLDING CORP COMPANY GUAR 144A 03/29 4.25             | CUSIP: 72815LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | IL        |    939000 | PA      | $848057.85    | 0.65%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Popular Inc.                                                   | POPULAR INC SR UNSECURED 03/28 7.25                            | CUSIP: 733174AL0<br>LEI: N/A                  | Long             | DBT              | CORP              | PR        |    770000 | PA      | $807152.50    | 0.62%             | 2028-03-13      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Prudential Financial Inc.                                      | PRUDENTIAL FINANCIAL INC JR SUBORDINA 10/50 VAR                | CUSIP: 744320BH4<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1956228.75   | 1.51%             | 2050-10-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                                    | ONEMAIN FINANCE CORP COMPANY GUAR 03/33 6.5                    | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    725000 | PA      | $723539.91    | 0.56%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| OneDigital Borrower LLC                                        | ONEDIGITAL BORROWER LLC 2025 REPRICED TERM LOAN                | CUSIP: 68277FAN9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    595229 | PA      | $594978.64    | 0.46%             | 2031-07-02      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| OneSky Flight LLC                                              | ONESKY FLIGHT LLC SR UNSECURED 144A 12/29 8.875                | CUSIP: 68278CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    177000 | PA      | $187826.91    | 0.14%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| 1261229 B.C. Ltd.                                              | 1261229 BC LTD SR SECURED 144A 04/32 10                        | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1541000 | PA      | $1610821.99   | 1.24%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| QVC Inc.                                                       | QVC INC SR SECURED 03/43 5.95                                  | CUSIP: 747262AM5<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $454081.30    | 0.35%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| QVC Inc.                                                       | QVC INC SR SECURED 144A 04/29 6.875                            | CUSIP: 747262BA0<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |    528000 | PA      | $242880.00    | 0.19%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                         | QNITY ELECTRONICS INC SR SECURED 144A 08/32 5.75               | CUSIP: 74743LAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    260000 | PA      | $264584.58    | 0.20%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                         | QNITY ELECTRONICS INC SR UNSECURED 144A 08/33 6.25             | CUSIP: 74743LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    472000 | PA      | $484724.65    | 0.37%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA HOLDING SR SECURED 144A 11/26 5.375     | SCIL IV LLC / SCIL USA HOLDING SR SECURED 144A 11/26 5.375     | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    310000 | PA      | $309458.16    | 0.24%             | 2026-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sable International Finance Limited                            | SABLE INTERNATIONAL FINANCE LT SR SECURED 144A 10/32 7.125     | CUSIP: 785712AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    393000 | PA      | $393153.66    | 0.30%             | 2032-10-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc.                                         | QUIKRETE HOLDINGS INC SR UNSECURED 144A 03/33 6.75             | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    224000 | PA      | $233084.99    | 0.18%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RFNA LP                                                        | RFNA LP SR UNSECURED 144A 02/30 7.875                          | CUSIP: 74984AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    257000 | PA      | $255911.66    | 0.20%             | 2030-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                | SABRE GLBL INC SR SECURED 144A 07/30 11.125                    | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    612000 | PA      | $578340.00    | 0.45%             | 2030-07-15      | Fixed         | 11.12%                | No            |                  2 | On Loan: No      |
| Rakuten Group Inc.                                             | RAKUTEN GROUP INC SUBORDINATED 144A 12/99 VAR                  | CUSIP: 75102WAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    226000 | PA      | $218118.11    | 0.17%             | 2031-04-22      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Rakuten Group Inc.                                             | RAKUTEN GROUP INC SUBORDINATED 144A 12/99 VAR                  | CUSIP: 75102WAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |    200000 | PA      | $208961.29    | 0.16%             | 2029-12-15      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                                 | RAVEN ACQUISITION HOLDINGS LLC SR SECURED 144A 11/31 6.875     | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    359000 | PA      | $366854.92    | 0.28%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 7            | ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 7            | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    297935 | PA      | $300092.05    | 0.23%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 9.75         | ANYWHERE REAL ESTATE GROUP LLC SECURED 144A 04/30 9.75         | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    428000 | PA      | $466030.37    | 0.36%             | 2030-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD LAS VEGAS LLC / COMPANY GUAR 144A 07/30 8.45     | RESORTS WORLD LAS VEGAS LLC / COMPANY GUAR 144A 07/30 8.45     | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $608257.80    | 0.47%             | 2030-07-27      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| Rocket Companies Inc.                                          | ROCKET COS INC COMPANY GUAR 144A 08/30 6.125                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    557000 | PA      | $574547.17    | 0.44%             | 2030-08-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Rogers Communications Inc.                                     | ROGERS COMMUNICATIONS INC SUBORDINATED 04/55 VAR               | CUSIP: 775109DG3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1081000 | PA      | $1130248.72   | 0.87%             | 2055-04-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP / ARCHROC COMPANY GUAR 144A 04/28 6.25    | ARCHROCK PARTNERS LP / ARCHROC COMPANY GUAR 144A 04/28 6.25    | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $215915.04    | 0.17%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Block Inc.                                                     | BLOCK INC SR UNSECURED 144A 08/30 5.625                        | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    480000 | PA      | $487252.32    | 0.38%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Block Inc.                                                     | BLOCK INC SR UNSECURED 144A 08/33 6                            | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    384000 | PA      | $392638.46    | 0.30%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Standard Industries Inc.                                       | STANDARD INDUSTRIES INC/NY SR UNSECURED 144A 07/30 4.375       | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    215000 | PA      | $207358.16    | 0.16%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                                  | WHITE CAP SUPPLY HOLDINGS LLC COMPANY GUAR 144A 11/30 7.375    | CUSIP: 96467GAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $65750.91     | 0.05%             | 2030-11-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC / WIND SR SECURED 144A 10/31 8.25      | WINDSTREAM SERVICES LLC / WIND SR SECURED 144A 10/31 8.25      | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    413000 | PA      | $421733.26    | 0.32%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| WULF Compute LLC                                               | WULF COMPUTE LLC SR SECURED 144A 10/30 7.75                    | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $223358.11    | 0.17%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XHR LP                                                         | XHR LP COMPANY GUAR 144A 05/30 6.625                           | CUSIP: 98372MAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    439000 | PA      | $448095.64    | 0.35%             | 2030-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital Inc.                                  | ZF NORTH AMERICA CAPITAL INC COMPANY GUAR 144A 04/28 6.875     | CUSIP: 98877DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    586000 | PA      | $589604.09    | 0.45%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| X Corporation                                                  | X CORP 2025 FIXED TERM LOAN                                    | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2209000 | PA      | $2214169.06   | 1.71%             | 2029-10-26      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| UNITED AIRLINES 2020-1 CLASS B PASS THRU CE 07/27 4.875        | UNITED AIRLINES 2020-1 CLASS B PASS THRU CE 07/27 4.875        | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    458479 | PA      | $458533.32    | 0.35%             | 2026-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Energy Transfer LP                                             | ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR                      | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2067000 | PA      | $2126592.17   | 1.64%             | 2030-05-15      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings Inc.                                     | ENDO FINANCE HOLDINGS INC SR SECURED 144A 04/31 8.5            | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    835000 | PA      | $885035.71    | 0.68%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Excelerate Energy Limited Partnership                          | EXCELERATE ENERGY LP COMPANY GUAR 144A 05/30 8                 | CUSIP: 30069UAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    574000 | PA      | $606021.16    | 0.47%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae Pool                                                | FANNIE MAE POOL FN 07/55 FIXED 5.5                             | CUSIP: 3140BGAR4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   4972631 | PA      | $5025808.61   | 3.87%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kestra Advisor Services Holdings A Inc.                        | KESTRA ADVISOR SRVS HOLD A INC 2024 REPRICED TERM LOAN         | CUSIP: 49255BAK0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     99283 | PA      | $99482.60     | 0.08%             | 2031-03-22      | Floating      | 6.96%                 | No            |                  2 | On Loan: No      |
| Kioxia Holdings Corporation                                    | KIOXIA HOLDINGS CORP COMPANY GUAR 144A 07/30 6.25              | CUSIP: 49726JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |   1114000 | PA      | $1150184.95   | 0.89%             | 2030-07-24      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kohl's Corporation                                             | KOHL'S CORP SR UNSECURED 05/31 5.125                           | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    287000 | PA      | $222397.65    | 0.17%             | 2031-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Kohl's Corporation                                             | KOHL'S CORP SR SECURED 144A 06/30 10                           | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    573000 | PA      | $622412.04    | 0.48%             | 2030-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc.                                         | LEVEL 3 FINANCING INC SR SECURED 144A 06/33 6.875              | CUSIP: 527298CM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1273000 | PA      | $1303917.35   | 1.00%             | 2033-06-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                  | UNIVISION COMMUNICATIONS INC SR SECURED 144A 07/31 8.5         | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    850000 | PA      | $869384.25    | 0.67%             | 2031-07-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                  | UNIVISION COMMUNICATIONS INC SR SECURED 144A 08/32 9.375       | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    223000 | PA      | $235392.72    | 0.18%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| USA COMPRESSION PARTNERS LP / COMPANY GUAR 144A 10/33 6.25     | USA COMPRESSION PARTNERS LP / COMPANY GUAR 144A 10/33 6.25     | CUSIP: 91740PAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    316000 | PA      | $317213.12    | 0.24%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| VT Topco Inc.                                                  | VT TOPCO INC SR SECURED 144A 08/30 8.5                         | CUSIP: 91838PAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    711000 | PA      | $739511.37    | 0.57%             | 2030-08-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Varex Imaging Corporation                                      | VAREX IMAGING CORP SR SECURED 144A 10/27 7.875                 | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |    897000 | PA      | $914925.65    | 0.70%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | VENTURE GLOBAL PLAQUEMINES LNG SR SECURED 144A 05/33 7.5       | CUSIP: 922966AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1052000 | PA      | $1156883.35   | 0.89%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG LLC                             | VENTURE GLOBAL PLAQUEMINES LNG SR SECURED 144A 01/34 6.5       | CUSIP: 922966AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    258000 | PA      | $270242.87    | 0.21%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                         | VENTURE GLOBAL LNG INC SR SECURED 144A 02/29 9.5               | CUSIP: 92332YAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1457000 | PA      | $1568115.19   | 1.21%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                         | VENTURE GLOBAL LNG INC SR SECURED 144A 01/30 7                 | CUSIP: 92332YAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    612000 | PA      | $619331.76    | 0.48%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc.                                                 | NORDSTROM INC SR SECURED 08/31 4.25                            | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    500000 | PA      | $455269.45    | 0.35%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc                                         | VENTURE GLOBAL LNG INC JR SUBORDINA 144A 12/99 VAR             | CUSIP: 92332YAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2321000 | PA      | $2169359.32   | 1.67%             | 2029-09-30      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Versant Media Group Inc.                                       | VERSANT MEDIA GROUP INC SR SECURED 144A 01/31 7.25             | CUSIP: 925283AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $98874.73     | 0.08%             | 2031-01-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Novelis Corporation                                            | NOVELIS CORP COMPANY GUAR 144A 01/30 4.75                      | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    610000 | PA      | $589613.07    | 0.45%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Virtusa Corporation                                            | VIRTUSA CORP SR UNSECURED 144A 12/28 7.125                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |    639000 | PA      | $613015.38    | 0.47%             | 2028-12-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| VMED 02 UK Financing I PLC                                     | VMED O2 UK FINANCING I PLC SR SECURED 144A 01/33 6.75          | CUSIP: 92858RAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    200000 | PA      | $200491.37    | 0.15%             | 2033-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VoltaGrid LLC                                                  | VOLTAGRID LLC SECURED 144A 11/30 7.375                         | CUSIP: 92874BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    409000 | PA      | $415974.22    | 0.32%             | 2030-11-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| W. R. Grace Holdings LLC                                       | WR GRACE HOLDINGS LLC SR SECURED 144A 08/32 6.625              | CUSIP: 92943GAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    299000 | PA      | $288795.13    | 0.22%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| LUXCO3 SHARES COMMON STOCK                                     | LUXCO3 SHARES COMMON STOCK                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |      9708 | NS      | $160732.11    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Walker and Dunlop Inc.                                         | WALKER and DUNLOP INC COMPANY GUAR 144A 04/33 6.625            | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    306000 | PA      | $313146.02    | 0.24%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3 Inc.                                              | WAND NEWCO 3 INC SR SECURED 144A 01/32 7.625                   | CUSIP: 933940AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    428000 | PA      | $447317.35    | 0.34%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Watco Finance Corp.                                            | WATCO COS LLC / WATCO FINANCE SR UNSECURED 144A 08/32 7.125    | CUSIP: 941130AD8<br>LEI: 549300UK74AMHGBXZG45 | Long             | DBT              | CORP              | US        |    238000 | PA      | $246556.10    | 0.19%             | 2032-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                    | WAYFAIR LLC SR SECURED 144A 10/29 7.25                         | CUSIP: 94419NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    171000 | PA      | $176825.97    | 0.14%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                    | WAYFAIR LLC SR SECURED 144A 09/30 7.75                         | CUSIP: 94419NAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    571000 | PA      | $602337.62    | 0.46%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Whirlpool Corporation                                          | WHIRLPOOL CORP SR UNSECURED 06/30 6.125                        | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    658000 | PA      | $651536.24    | 0.50%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Windstream Services LLC                                        | WINDSTREAM SERVICES LLC SR SECURED 144A 10/33 7.5              | CUSIP: 97382BAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    338000 | PA      | $337388.22    | 0.26%             | 2033-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Xerox Corporation                                              | XEROX CORP SECURED 144A 04/31 13.5                             | CUSIP: 984121CT8<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |     32000 | PA      | $30947.87     | 0.02%             | 2031-04-15      | Fixed         | 13.50%                | No            |                  2 | On Loan: No      |
| Xerox Corporation                                              | XEROX HOLDINGS CORP 2023 TERM LOAN B                           | CUSIP: 98415LAY2<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | LON              | CORP              | US        |    147689 | PA      | $137443.82    | 0.11%             | 2029-11-19      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| Xerox Holdings Corporation                                     | XEROX HOLDINGS CORP COMPANY GUAR 144A 08/28 5.5                | CUSIP: 98421MAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    363000 | PA      | $172425.00    | 0.13%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Novelis Corporation                                            | NOVELIS CORP COMPANY GUAR 144A 08/33 6.375                     | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    342000 | PA      | $346505.85    | 0.27%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| ContiMortgage Home Equity Loan Trust 1995-2                    | CONTIMORTGAGE HOME EQUITY LOAN CONHE 1995 2 A5                 | CUSIP: 21075WBF1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     13849 | PA      | $8993.84      | 0.01%             | 2025-08-15      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| Continental Resources Inc.                                     | CONTINENTAL RESOURCES INC/OK COMPANY GUAR 01/28 4.375          | CUSIP: 212015AS0<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995890.02    | 0.77%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ContourGlobal Power Holdings S.A.                              | CONTOURGLOBAL POWER HOLDINGS S SR SECURED 144A 02/30 6.75      | CUSIP: 21220LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    617000 | PA      | $635510.00    | 0.49%             | 2030-02-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                 | COREWEAVE INC COMPANY GUAR 144A 06/30 9.25                     | CUSIP: 21873SAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    356000 | PA      | $359462.46    | 0.28%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CoreWeave Inc.                                                 | COREWEAVE INC COMPANY GUAR 144A 02/31 9                        | CUSIP: 21873SAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    206000 | PA      | $206602.55    | 0.16%             | 2031-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Credit Acceptance Corporation                                  | CREDIT ACCEPTANCE CORP COMPANY GUAR 144A 03/30 6.625           | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    356000 | PA      | $355829.12    | 0.27%             | 2030-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| CVS Health Corporation                                         | CVS HEALTH CORP JR SUBORDINA 03/55 VAR                         | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    847000 | PA      | $889926.81    | 0.69%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                           | CROSSCOUNTRY INTERMEDIATE HOLD SR UNSECURED 144A 10/30 6.5     | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    212000 | PA      | $213955.52    | 0.16%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CYRUSONE DATA CENTERS ISSUER I CYRUS 2023 1A B 144A            | CYRUSONE DATA CENTERS ISSUER I CYRUS 2023 1A B 144A            | CUSIP: 23284BAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    728018 | PA      | $717875.83    | 0.55%             | 2048-04-20      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Dave and Buster's Inc.                                         | DAVE + BUSTERS INC 2024 TERM LOAN B                            | CUSIP: 23833EAX2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1602000 | PA      | $1467832.50   | 1.13%             | 2029-06-29      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| DELEK LOGISTICS PARTNERS LP / COMPANY GUAR 144A 06/28 7.125    | DELEK LOGISTICS PARTNERS LP / COMPANY GUAR 144A 06/28 7.125    | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    435000 | PA      | $437137.59    | 0.34%             | 2028-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| DELL INTERNATIONAL LLC / EMC C SR UNSECURED 07/46 8.35         | DELL INTERNATIONAL LLC / EMC C SR UNSECURED 07/46 8.35         | CUSIP: 24703TAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    319000 | PA      | $412696.38    | 0.32%             | 2046-07-15      | Fixed         | 8.35%                 | No            |                  2 | On Loan: No      |
| Altice France                                                  | ALTICE FRANCE SA                                               | CUSIP: 02090DAE8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    481312 | PA      | $462105.05    | 0.36%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                          | ALTICE FINANCING SA SR SECURED 144A 08/29 5.75                 | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $291008.00    | 0.22%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Amentum Holdings Inc.                                          | AMENTUM HOLDINGS INC COMPANY GUAR 144A 08/32 7.25              | CUSIP: 02352BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    152000 | PA      | $158187.16    | 0.12%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMN Healthcare Inc.                                            | AMN HEALTHCARE INC COMPANY GUAR 144A 04/29 4                   | CUSIP: 00175PAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    529000 | PA      | $501316.13    | 0.39%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMN Healthcare Inc.                                            | AMN HEALTHCARE INC COMPANY GUAR 144A 01/31 6.5                 | CUSIP: 00175PAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    294000 | PA      | $294706.48    | 0.23%             | 2031-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP / GLP FINAN COMPANY GUAR 144A 07/33 7.125   | GLOBAL PARTNERS LP / GLP FINAN COMPANY GUAR 144A 07/33 7.125   | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    228000 | PA      | $231228.71    | 0.18%             | 2033-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Company                                  | GLOBAL ATLANTIC FIN CO COMPANY GUAR 144A 10/54 VAR             | CUSIP: 37959GAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    516000 | PA      | $539474.90    | 0.42%             | 2054-10-15      | Variable      | 7.95%                 | No            |                  2 | On Loan: No      |
| goeasy Ltd.                                                    | GOEASY LTD SR UNSECURED 144A 10/30 7.375                       | CUSIP: 380355AN7<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    743000 | PA      | $741342.14    | 0.57%             | 2030-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| The Goodyear Tire and Rubber Company                           | GOODYEAR TIRE and RUBBER CO/THE COMPANY GUAR 04/31 5.25        | CUSIP: 382550BJ9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    505000 | PA      | $465963.65    | 0.36%             | 2031-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| The Goodyear Tire and Rubber Company                           | GOODYEAR TIRE and RUBBER CO/THE COMPANY GUAR 07/29 5           | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    289000 | PA      | $275075.32    | 0.21%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Acadia Healthcare Company Inc.                                 | ACADIA HEALTHCARE CO INC COMPANY GUAR 144A 03/33 7.375         | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    658000 | PA      | $680216.71    | 0.52%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANC SR SECURED 144A 11/30 7.5       | ACRISURE LLC / ACRISURE FINANC SR SECURED 144A 11/30 7.5       | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    773000 | PA      | $799496.89    | 0.62%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANC SR UNSECURED 144A 06/29 8.5     | ACRISURE LLC / ACRISURE FINANC SR UNSECURED 144A 06/29 8.5     | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    461000 | PA      | $483936.59    | 0.37%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AdaptHealth LLC                                                | ADAPTHEALTH LLC COMPANY GUAR 144A 08/29 4.625                  | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $427361.09    | 0.33%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                       | GOVERNMENT NATIONAL MORTGAGE A GNR 2012 114 IO                 | CUSIP: 38378BE47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    322121 | PA      | $4802.41      | 0.00%             | 2053-01-16      | Variable      | 0.63%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC COMPANY GUAR 144A 10/30 4.75                    | CUSIP: 389375AL0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     97000 | PA      | $68974.01     | 0.05%             | 2030-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC SR SECURED 144A 07/29 10.5                      | CUSIP: 389375AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    209000 | PA      | $225224.46    | 0.17%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                | GRAY MEDIA INC SR SECURED 144A 08/33 7.25                      | CUSIP: 389375AP1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    210000 | PA      | $205604.39    | 0.16%             | 2033-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Greystar Real Estate Partners LLC                              | GREYSTAR REAL ESTATE PARTNERS SR SECURED 144A 09/30 7.75       | CUSIP: 39807UAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    609000 | PA      | $643957.82    | 0.50%             | 2030-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HLF FINANCING SARL LLC / HERBA SR SECURED 144A 04/29 12.25     | HLF FINANCING SARL LLC / HERBA SR SECURED 144A 04/29 12.25     | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $221646.21    | 0.17%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                            | OSAIC HOLDINGS INC SR SECURED 144A 08/32 6.75                  | CUSIP: 00791GAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    321000 | PA      | $331623.82    | 0.26%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                            | OSAIC HOLDINGS INC COMPANY GUAR 144A 08/33 8                   | CUSIP: 00791GAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     42000 | PA      | $43089.56     | 0.03%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                                       | HCA INC COMPANY GUAR 06/47 5.5                                 | CUSIP: 404119BV0<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1690337.76   | 1.30%             | 2047-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                              | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                       | CUSIP: 404280BL2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2200000 | PA      | $2215483.60   | 1.71%             | 2027-05-22      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                              | HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR                       | CUSIP: 404280EH8<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   1111000 | PA      | $1148895.10   | 0.89%             | 2029-09-11      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust 2007-3                          | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2007 3 ES 144A            | CUSIP: 41164UAR0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1291739 | PA      | $20087.06     | 0.02%             | 2037-05-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust 2007-4                          | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2007 4 ES                 | CUSIP: 41164YAQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1335045 | PA      | $20588.80     | 0.02%             | 2037-07-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| HarborView Mortgage Loan Trust 2007-6                          | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2007 6 ES 144A            | CUSIP: 41165BAS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1460056 | PA      | $17204.86     | 0.01%             | 2037-08-19      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc.                                             | HERC HOLDINGS INC COMPANY GUAR 144A 06/30 7                    | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    438000 | PA      | $458445.40    | 0.35%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Hightower Holding LLC                                          | HIGHTOWER HOLDINGS LLC 2025 1ST LIEN TERM LOAN B               | CUSIP: 43117LAP8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    497500 | PA      | $496878.13    | 0.38%             | 2032-02-03      | Floating      | 7.07%                 | No            |                  2 | On Loan: No      |
| Affinity Interactive                                           | AFFINITY INTERACTIVE SR SECURED 144A 12/27 6.875               | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    753000 | PA      | $374700.33    | 0.29%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS INC / SAFEWAY I SR UNSECURED 144A 03/31 5.5     | ALBERTSONS COS INC / SAFEWAY I SR UNSECURED 144A 03/31 5.5     | CUSIP: 01309QAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    136000 | PA      | $137074.97    | 0.11%             | 2031-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS INC / SAFEWAY I SR UNSECURED 144A 03/34 5.75    | ALBERTSONS COS INC / SAFEWAY I SR UNSECURED 144A 03/34 5.75    | CUSIP: 01309QAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $140616.87    | 0.11%             | 2034-03-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1 SARL / AGGR SR SECURED 144A 05/30 7         | ALBION FINANCING 1 SARL / AGGR SR SECURED 144A 05/30 7         | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    465000 | PA      | $479918.13    | 0.37%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Algonquin Power and Utilities Corp.                            | ALGONQUIN POWER and UTILITIES CO PREFERRED STOCK 07/79 VAR     | CUSIP: 015857808<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EP               | CORP              | CA        |     22000 | NS      | $563420.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Generation LLC                                           | ALPHA GENERATION LLC SR UNSECURED 144A 10/32 6.75              | CUSIP: 02073LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $313414.04    | 0.24%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JH COLLATERAL                                                  | JH COLLATERAL                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1155906 | NS      | $11563449.54  | 8.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corporation                                    | KAISER ALUMINUM CORP SR UNSECURED 144A 03/34 5.875             | CUSIP: 483007AM2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    327000 | PA      | $325804.52    | 0.25%             | 2034-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KB Home                                                        | KB HOME COMPANY GUAR 07/30 7.25                                | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231829.57    | 0.18%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                        | KODIAK GAS SERVICES LLC COMPANY GUAR 144A 10/33 6.5            | CUSIP: 50012LAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    293000 | PA      | $300248.23    | 0.23%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Blackstone Mortgage Trust Inc.                                 | BLACKSTONE MORTGAGE TRUST INC SR SECURED 144A 12/29 7.75       | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |    645000 | PA      | $679718.42    | 0.52%             | 2029-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc.                                      | BUILDERS FIRSTSOURCE INC COMPANY GUAR 144A 05/35 6.75          | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    425000 | PA      | $446229.60    | 0.34%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc.                              | CHS/COMMUNITY HEALTH SYSTEMS I SR SECURED 144A 05/30 5.25      | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    498000 | PA      | $466813.95    | 0.36%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                               | CSC HOLDINGS LLC COMPANY GUAR 144A 04/27 5.5                   | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    575000 | PA      | $533533.53    | 0.41%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                               | CSC HOLDINGS LLC COMPANY GUAR 144A 01/29 11.75                 | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    708000 | PA      | $559292.03    | 0.43%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| CandW Senior Finance Limited                                   | CandW SENIOR FINANCE LTD COMPANY GUAR 144A 01/33 9             | CUSIP: 12665MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    590000 | PA      | $601319.74    | 0.46%             | 2033-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Cable One Inc.                                                 | CABLE ONE INC 2021 TERM LOAN B4                                | CUSIP: 12685LAG5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    658127 | PA      | $639620.09    | 0.49%             | 2028-05-03      | Floating      | 6.08%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                           | CARNIVAL CORP COMPANY GUAR 144A 05/29 5.125                    | CUSIP: 143658CB6<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    619000 | PA      | $626652.51    | 0.48%             | 2029-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Cars.com Inc.                                                  | CARS.COM INC COMPANY GUAR 144A 11/28 6.375                     | CUSIP: 14575EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    414000 | PA      | $412348.76    | 0.32%             | 2028-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                       | CELANESE US HOLDINGS LLC COMPANY GUAR 11/30 7.05               | CUSIP: 15089QAX2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    217000 | PA      | $220825.06    | 0.17%             | 2030-11-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc.                                         | LEVEL 3 FINANCING INC SR SECURED 144A 03/34 7                  | CUSIP: 527298CN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    829000 | PA      | $851717.09    | 0.66%             | 2034-03-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Liberty Interactive LLC                                        | LIBERTY INTERACTIVE LLC SR UNSECURED 02/30 8.25                | CUSIP: 530715AJ0<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $90625.00     | 0.07%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Light and Wonder International Inc.                            | LIGHT and WONDER INTERNATIONAL I COMPANY GUAR 144A 10/33 6.25  | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    675000 | PA      | $672016.50    | 0.52%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Lindblad Expeditions LLC                                       | LINDBLAD EXPEDITIONS LLC SR SECURED 144A 09/30 7               | CUSIP: 53523LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    225000 | PA      | $229156.30    | 0.18%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                          | LONG RIDGE ENERGY LLC SR SECURED 144A 02/32 8.75               | CUSIP: 54288CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    645000 | PA      | $666906.14    | 0.51%             | 2032-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Auto Ahorro Automotriz S.A. de C.V.                            | MPT OPERATING PARTNERSHIP LP / SR SECURED 144A 02/32 8.5       | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    228000 | PA      | $238871.72    | 0.18%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P.                                          | HILCORP ENERGY I LP / HILCORP SR UNSECURED 144A 02/29 5.75     | CUSIP: 431318AU8<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    468000 | PA      | $459252.10    | 0.35%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                            | HILTON GRAND VACATIONS BORROWE SR SECURED 144A 01/32 6.625     | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    755000 | PA      | $766158.15    | 0.59%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners LLC                           | HOWARD MIDSTREAM ENERGY PARTNE SR UNSECURED 144A 07/32 7.375   | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    104000 | PA      | $108977.75    | 0.08%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners LLC                           | HOWARD MIDSTREAM ENERGY PARTNE SR UNSECURED 144A 01/34 6.625   | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    187000 | PA      | $192706.31    | 0.15%             | 2034-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Civitas Resources Inc.                                         | CIVITAS RESOURCES INC COMPANY GUAR 144A 06/33 9.625            | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    424000 | PA      | $454883.74    | 0.35%             | 2033-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US COMPANY GUAR 144A 09/32 6.75    | CLARIOS GLOBAL LP / CLARIOS US COMPANY GUAR 144A 09/32 6.75    | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    166000 | PA      | $169848.22    | 0.13%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                            | CLEAR CHANNEL OUTDOOR HOLDINGS SR SECURED 144A 02/31 7.125     | CUSIP: 18453HAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    209000 | PA      | $215532.98    | 0.17%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                      | CLOUD SOFTWARE GROUP INC SECURED 144A 09/29 9                  | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   1603000 | PA      | $1658047.02   | 1.28%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc.                                      | CLOUD SOFTWARE GROUP INC SR SECURED 144A 08/33 6.625           | CUSIP: 18912UAG7<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    231000 | PA      | $231529.22    | 0.18%             | 2033-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                           | CLYDESDALE ACQUISITION HOLDING COMPANY GUAR 144A 04/30 8.75    | CUSIP: 18972EAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $250511.25    | 0.19%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                           | CLYDESDALE ACQUISITION HOLDING SR SECURED 144A 01/30 6.875     | CUSIP: 18972EAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    780000 | PA      | $787789.91    | 0.61%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                           | CLYDESDALE ACQUISITION HOLDING SR SECURED 144A 04/32 6.75      | CUSIP: 18972EAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $351189.30    | 0.27%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Comerica Incorporated                                          | COMERICA INC SR UNSECURED 01/30 VAR                            | CUSIP: 200340AW7<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    648000 | PA      | $674158.15    | 0.52%             | 2030-01-30      | Variable      | 5.98%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL / CONNECT U SR SECURED 144A 09/29 9         | CONNECT FINCO SARL / CONNECT U SR SECURED 144A 09/29 9         | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    245000 | PA      | $259433.93    | 0.20%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 04/28 6.75       | ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 04/28 6.75       | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    616000 | PA      | $627184.10    | 0.48%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 01/31 7          | ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 01/31 7          | CUSIP: 01883LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    581000 | PA      | $601769.59    | 0.46%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS INTERMEDIATE SR UNSECURED 144A 10/32 7.375    | ALLIANT HOLDINGS INTERMEDIATE SR UNSECURED 144A 10/32 7.375    | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    492000 | PA      | $507646.09    | 0.39%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                                    | ALLIED UNIVERSAL HOLDCO LLC SR SECURED 144A 02/31 7.875        | CUSIP: 019576AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    678000 | PA      | $705944.33    | 0.54%             | 2031-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| IRS USD P 3.66 20230503-20260503                               | IRS USD P 3.66 20230503-20260503                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  43000000 | PA      | $23263.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 3.47 20230510-20260510                               | IRS USD P 3.47 20230510-20260510                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  22000000 | PA      | $33213.40     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| IRS USD P 3.82 20231226-20261226                               | IRS USD P 3.82 20231226-20261226                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |  13000000 | PA      | $-41020.20    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** John Hancock Investors Trust

**Signature:** /s/Salvatore Schiavone

**Name of Signer:** Salvatore Schiavone

**Title:** Treasurer