# EDGAR Filing Document

**Accession Number:** 0000917469
**File Stem:** 0001752724-23-046216
**Filing Date:** 2023-2
**Character Count:** 324382
**Document Hash:** a4ccd699471ebdbd3ec16dc076f12321
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-046216.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-046216

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **CENTRAL INDEX KEY:** 0000917469
- **IRS NUMBER:** 043219179
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08282
- **FILM NUMBER:** 23682090

**BUSINESS ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 617-449-2810

**MAIL ADDRESS:**
- **STREET 1:** 888 BOYLSTON STREET
- **STREET 2:** 8TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS II
- **DATE OF NAME CHANGE:** 20031119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 20031015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOOMIS SAYLES FUNDS I
- **DATE OF NAME CHANGE:** 20030718

## Series and Classes Contracts Data

### Loomis Sayles Institutional High Income Fund (Series ID: S000006644)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000018131 | Institutional Class | LSHIX           |

## Nport-Ex

**PORTFOLIO OF INVESTMENTS – as of December 31, 2022 (Unaudited)** 

**Loomis Sayles Institutional High Income Fund** 

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – 88.8% of Net Assets** | **Bonds and Notes – 88.8% of Net Assets** |  |
| **Non-Convertible Bonds – 84.3%** | **Non-Convertible Bonds – 84.3%** |  |
|  | **ABS Car Loan – 0.5%** | **ABS Car Loan – 0.5%** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;802000 | Hertz Vehicle Financing III LLC, Series 2022-1A, <br>4.850%, 6/25/2026, 144A | $705483 |
| 488000 | Hertz Vehicle Financing III LLC, Series 2022-3A, <br>6.310%, 3/25/2025, 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465283 |
| 410000 | Hertz Vehicle Financing LLC, Class D, Series 2022-4A, <br>6.560%, 9/25/2026, 144A | 377921 |
|  |  | 1548687 |
|  | **ABS Other – 0.2%** | **ABS Other – 0.2%** |
| 279240 | Business Jet Securities LLC, Series 2021-1A, Class C, <br>5.067%, 4/15/2036, 144A | 245045 |
| 287123 | Sierra Timeshare Receivables Funding LLC, Series 2021-1A, Class D, <br>3.170%, 11/20/2037, 144A | 260769 |
|  |  | 505814 |
|  | **Aerospace & Defense – 1.6%** | **Aerospace & Defense – 1.6%** |
| 1775000 | Bombardier, Inc., <br>7.125%, 6/15/2026, 144A | 1722130 |
| 115000 | Embraer Netherlands Finance BV, <br>5.400%, 2/01/2027 | 110113 |
| 1265000 | Spirit AeroSystems, Inc., <br>4.600%, 6/15/2028 | 1021365 |
| 355000 | TransDigm, Inc., <br>4.875%, 5/01/2029 | 309649 |
| 300000 | TransDigm, Inc., <br>5.500%, 11/15/2027 | 281715 |
| 710000 | TransDigm, Inc., <br>6.250%, 3/15/2026, 144A | 700195 |
| 960000 | TransDigm, Inc., <br>8.000%, 12/15/2025, 144A | 974198 |
|  |  | 5119365 |
|  | **Airlines – 0.9%** | **Airlines – 0.9%** |
| 475000 | Allegiant Travel Co., <br>7.250%, 8/15/2027, 144A | 451802 |
| 424143 | American Airlines Pass Through Trust, Series 2016-3, Class B, <br>3.750%, 4/15/2027 | 376774 |
| 1166347 | American Airlines Pass Through Trust, Series 2017-2, Class B, <br>3.700%, 4/15/2027 | 1048029 |
| 1030000 | American Airlines, Inc./AAdvantage Loyalty IP Ltd., <br>5.750%, 4/20/2029, 144A | 941375 |
|  |  | 2817980 |
|  | **Automotive – 3.1%** | **Automotive – 3.1%** |
| 870000 | Allison Transmission, Inc., <br>4.750%, 10/01/2027, 144A | 806785 |
| 185000 | Dana, Inc., <br>4.250%, 9/01/2030 | 149040 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Automotive – continued** | **Automotive – continued** | **Automotive – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1750000 | Ford Motor Co., <br>3.250%, 2/12/2032 | $| 1312398 |
| 2325000 | Ford Motor Credit Co. LLC, <br>2.300%, 2/10/2025 |  | 2122446 |
| 1765000 | Ford Motor Credit Co. LLC, <br>3.375%, 11/13/2025 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595583 |
| 145000 | General Motors Co., <br>6.125%, 10/01/2025 |  | 147568 |
| 280000 | General Motors Co., <br>6.250%, 10/02/2043 |  | 258868 |
| 1110000 | General Motors Financial Co., Inc., Series A, (fixed rate to 9/30/2027, variable rate thereafter), <br>5.750%(a) |  | 934505 |
| 895000 | General Motors Financial Co., Inc., Series B, (fixed rate to 9/30/2028, variable rate thereafter), <br>6.500%(a) |  | 779124 |
| 1080000 | Goodyear Tire & Rubber Co. (The), <br>7.000%, 3/15/2028 |  | 1074935 |
| 550000 | Jaguar Land Rover Automotive PLC, <br>5.500%, 7/15/2029, 144A |  | 389513 |
| 270000 | Real Hero Merger Sub 2, Inc., <br>6.250%, 2/01/2029, 144A |  | 185085 |
| 265000 | Wheel Pros, Inc., <br>6.500%, 5/15/2029, 144A |  | 99383 |
|  |  |  | 9855233 |
|  | **Banking – 4.0%** | **Banking – 4.0%** | **Banking – 4.0%** |
| 835000 | Ally Financial, Inc., <br>5.750%, 11/20/2025 |  | 808905 |
| 800000 | Banco Santander S.A, <br>5.147%, 8/18/2025 |  | 791145 |
| 1065000 | Bank of America Corp., (fixed rate to 3/05/2023, variable rate thereafter), <br>3.550%, 3/05/2024 |  | 1060991 |
| 295000 | Credit Suisse Group AG, (fixed rate to 11/15/2032, variable rate thereafter), <br>9.016%, 11/15/2033, 144A |  | 302041 |
| 250000 | Credit Suisse Group AG, (fixed rate to 6/05/2025, variable rate thereafter), <br>2.193%, 6/05/2026, 144A |  | 213523 |
| 1265000 | Credit Suisse Group AG, (fixed rate to 7/15/2025, variable rate thereafter), <br>6.373%, 7/15/2026, 144A |  | 1187644 |
| 250000 | Credit Suisse Group AG, (fixed rate to 8/11/2027, variable rate thereafter), <br>6.442%, 8/11/2028, 144A |  | 227715 |
| 500000 | Credit Suisse Group AG, (fixed rate to 8/12/2032, variable rate thereafter), <br>6.537%, 8/12/2033, 144A |  | 439240 |
| 1445000 | Deutsche Bank AG, (fixed rate to 10/07/2031, variable rate thereafter), <br>3.742%, 1/07/2033 |  | 1026204 |
| 605000 | Deutsche Bank AG, (fixed rate to 10/14/2030, variable rate thereafter), <br>3.729%, 1/14/2032 |  | 443594 |
| 1345000 | Deutsche Bank AG, (fixed rate to 12/01/2027, variable rate thereafter), <br>4.875%, 12/01/2032 |  | 1124176 |
| 1045000 | Intesa Sanpaolo SpA, <br>5.710%, 1/15/2026, 144A |  | 1004245 |
| 1780000 | JPMorgan Chase & Co., (fixed rate to 4/22/2025, variable rate thereafter), <br>2.083%, 4/22/2026 |  | 1652367 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Banking – continued** | **Banking – continued** | **Banking – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605000 | Morgan Stanley, (fixed rate to 2/18/2025, variable rate thereafter), <br>2.630%, 2/18/2026 | $| 1507077 |
| 1335000 | UniCredit SpA, (fixed rate to 6/30/2030, variable rate thereafter), <br>5.459%, 6/30/2035, 144A |  | 1084618 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;12873485 |
|  | **Brokerage – 0.2%** | **Brokerage – 0.2%** | **Brokerage – 0.2%** |
| 325000 | Coinbase Global, Inc., <br>3.375%, 10/01/2028, 144A |  | 171795 |
| 185000 | Coinbase Global, Inc., <br>3.625%, 10/01/2031, 144A |  | 89098 |
| 400000 | Jefferies Finance LLC/JFIN Co-Issuer Corp., <br>5.000%, 8/15/2028, 144A |  | 326292 |
|  |  |  | 587185 |
|  | **Building Materials – 2.1%** | **Building Materials – 2.1%** | **Building Materials – 2.1%** |
| 600000 | Advanced Drainage Systems, Inc., <br>6.375%, 6/15/2030, 144A |  | 582996 |
| 515000 | Builders FirstSource, Inc., <br>4.250%, 2/01/2032, 144A |  | 417525 |
| 3205000 | Cemex SAB de CV, <br>3.875%, 7/11/2031, 144A |  | 2705132 |
| 425000 | Cemex SAB de CV, (fixed rate to 6/08/2026, variable rate thereafter), <br>5.125%, 144A(a) |  | 392704 |
| 785000 | Foundation Building Materials, Inc., <br>6.000%, 3/01/2029, 144A |  | 587733 |
| 310000 | JELD-WEN, Inc., <br>4.625%, 12/15/2025, 144A |  | 259563 |
| 540000 | LBM Acquisition LLC, <br>6.250%, 1/15/2029, 144A |  | 343630 |
| 365000 | MIWD Holdco II LLC/MIWD Finance Corp., <br>5.500%, 2/01/2030, 144A |  | 290595 |
| 565000 | Park River Holdings, Inc., <br>5.625%, 2/01/2029, 144A |  | 376236 |
| 385000 | Patrick Industries, Inc., <br>4.750%, 5/01/2029, 144A |  | 319550 |
| 315000 | Standard Industries, Inc., <br>4.375%, 7/15/2030, 144A |  | 256701 |
| 525000 | Victors Merger Corp., <br>6.375%, 5/15/2029, 144A |  | 288750 |
|  |  |  | 6821115 |
|  | **Cable Satellite – 6.5%** | **Cable Satellite – 6.5%** | **Cable Satellite – 6.5%** |
| 3845000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>4.250%, 2/01/2031, 144A |  | 3087074 |
| 415000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>4.250%, 1/15/2034, 144A |  | 306289 |
| 15000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>4.500%, 5/01/2032 |  | 11940 |
| 935000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>5.000%, 2/01/2028, 144A |  | 848971 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Cable Satellite – continued** | **Cable Satellite – continued** | **Cable Satellite – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>5.125%, 5/01/2027, 144A | $| 932070 |
| 155000 | CCO Holdings LLC/CCO Holdings Capital Corp., <br>5.500%, 5/01/2026, 144A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150056 |
| 90000 | Charter Communications Operating LLC/Charter Communications Operating Capital, <br>4.908%, 7/23/2025 |  | 88209 |
| 200000 | CSC Holdings LLC, <br>3.375%, 2/15/2031, 144A |  | 130427 |
| 7540000 | CSC Holdings LLC, <br>4.625%, 12/01/2030, 144A |  | 4166861 |
| 555000 | CSC Holdings LLC, <br>5.000%, 11/15/2031, 144A |  | 310078 |
| 215000 | CSC Holdings LLC, <br>5.500%, 4/15/2027, 144A |  | 180358 |
| 1955000 | CSC Holdings LLC, <br>5.750%, 1/15/2030, 144A |  | 1102600 |
| 425000 | CSC Holdings LLC, <br>6.500%, 2/01/2029, 144A |  | 347437 |
| 1730000 | DIRECTV Financing LLC/DIRECTV Financing Co-Obligor, Inc., <br>5.875%, 8/15/2027, 144A |  | 1547762 |
| 1020000 | DISH DBS Corp., <br>5.125%, 6/01/2029 |  | 658012 |
| 345000 | DISH DBS Corp., <br>5.250%, 12/01/2026, 144A |  | 290606 |
| 305000 | DISH DBS Corp., <br>5.750%, 12/01/2028, 144A |  | 243428 |
| 4160000 | DISH DBS Corp., <br>7.750%, 7/01/2026 |  | 3354582 |
| 806570 | Ligado Networks LLC, <br>15.500% PIK, 11/01/2023, 144A(b) |  | 258990 |
| 315767 | Ligado Networks LLC, <br>17.500% PIK, 5/01/2024, 144A(b) |  | 30083 |
| 1005000 | Sirius XM Radio, Inc., <br>5.000%, 8/01/2027, 144A |  | 928983 |
| 385000 | Telesat Canada/Telesat LLC, <br>5.625%, 12/06/2026, 144A |  | 177109 |
| 955000 | UPC Broadband Finco B.V., <br>4.875%, 7/15/2031, 144A |  | 794364 |
| 895000 | Ziggo Bond Co. BV, <br>6.000%, 1/15/2027, 144A |  | 832726 |
|  |  |  | 20779015 |
|  | **Chemicals – 1.6%** | **Chemicals – 1.6%** | **Chemicals – 1.6%** |
| 455000 | ASP Unifrax Holdings, Inc., <br>5.250%, 9/30/2028, 144A |  | 366123 |
| 150000 | Consolidated Energy Finance S.A., <br>5.625%, 10/15/2028, 144A |  | 127452 |
| 4738000 | Hercules LLC, <br>6.500%, 6/30/2029 |  | 4502806 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Chemicals – continued** | **Chemicals – continued** | **Chemicals – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240000 | INEOS Quattro Finance 2 PLC, <br>3.375%, 1/15/2026, 144A | $| 220500 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5216881 |
|  | **Consumer Cyclical Services – 3.0%** | **Consumer Cyclical Services – 3.0%** | **Consumer Cyclical Services – 3.0%** |
| 1530000 | ADT Security Corp. (The), <br>4.125%, 8/01/2029, 144A |  | 1301198 |
| 100000 | Match Group Holdings II LLC, <br>3.625%, 10/01/2031, 144A |  | 76686 |
| 340000 | Match Group Holdings II LLC, <br>5.000%, 12/15/2027, 144A |  | 312800 |
| 1030000 | Realogy Group LLC/Realogy Co-Issuer Corp., <br>5.750%, 1/15/2029, 144A |  | 779082 |
| 680000 | Uber Technologies, Inc., <br>4.500%, 8/15/2029, 144A |  | 592454 |
| 6190000 | Uber Technologies, Inc., <br>6.250%, 1/15/2028, 144A |  | 5942399 |
| 230000 | Uber Technologies, Inc., <br>7.500%, 9/15/2027, 144A |  | 230161 |
| 460000 | Uber Technologies, Inc., <br>8.000%, 11/01/2026, 144A |  | 461583 |
|  |  |  | 9696363 |
|  | **Consumer Products – 0.8%** | **Consumer Products – 0.8%** | **Consumer Products – 0.8%** |
| 370000 | Coty, Inc., <br>5.000%, 4/15/2026, 144A |  | 350861 |
| 65000 | Coty, Inc., <br>6.500%, 4/15/2026, 144A |  | 62400 |
| 750000 | Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, <br>4.750%, 1/15/2029, 144A |  | 678750 |
| 870000 | Newell Brands, Inc., <br>4.450%, 4/01/2026 |  | 818492 |
| 225000 | Prestige Brands, Inc., <br>3.750%, 4/01/2031, 144A |  | 185551 |
| 415000 | Tempur Sealy International, Inc., <br>3.875%, 10/15/2031, 144A |  | 325785 |
|  |  |  | 2421839 |
|  | **Diversified Manufacturing – 0.5%** | **Diversified Manufacturing – 0.5%** | **Diversified Manufacturing – 0.5%** |
| 365000 | Chart Industries, Inc., <br>7.500%, 1/01/2030, 144A |  | 366931 |
| 840000 | Gates Global LLC/Gates Corp., <br>6.250%, 1/15/2026, 144A |  | 810600 |
| 385000 | Madison IAQ LLC, <br>5.875%, 6/30/2029, 144A |  | 263878 |
| 365000 | Resideo Funding, Inc., <br>4.000%, 9/01/2029, 144A |  | 295121 |
|  |  |  | 1736530 |
|  | **Electric – 1.3%** | **Electric – 1.3%** | **Electric – 1.3%** |
| 2520000 | Calpine Corp., <br>5.125%, 3/15/2028 |  | 2248578 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Electric – continued** | **Electric – continued** | **Electric – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465000 | NRG Energy, Inc., <br>3.875%, 2/15/2032, 144A | $| 349238 |
| 650000 | Vistra Operations Co. LLC, <br>5.125%, 5/13/2025, 144A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;636207 |
| 1055000 | Vistra Operations Co. LLC, <br>5.500%, 9/01/2026, 144A |  | 1016405 |
|  |  |  | 4250428 |
|  | **Finance Companies – 3.7%** | **Finance Companies – 3.7%** | **Finance Companies – 3.7%** |
| 1000000 | AGFC Capital Trust I, <br>3-month LIBOR + 1.750%, 5.829%, 1/15/2067, 144A(c) |  | 538150 |
| 210000 | Aircastle Ltd., Series A (fixed rate to 6/15/2026, variable rate thereafter), <br>5.250%, 144A(a) |  | 161700 |
| 1095000 | Cobra AcquisitionCo LLC, <br>6.375%, 11/01/2029, 144A |  | 646050 |
| 780000 | Freedom Mortgage Corp., <br>7.625%, 5/01/2026 |  | 650618 |
| 440406 | Global Aircraft Leasing Co. Ltd., <br>7.250% PIK or 6.500% Cash, 9/15/2024, 144A(d) |  | 374345 |
| 355000 | LFS Topco LLC, <br>5.875%, 10/15/2026, 144A |  | 286042 |
| 3510000 | Navient Corp., Series A, <br>5.625%, 8/01/2033 |  | 2500473 |
| 665000 | OneMain Finance Corp., <br>3.500%, 1/15/2027 |  | 550600 |
| 1625000 | OneMain Finance Corp., <br>7.125%, 3/15/2026 |  | 1545180 |
| 1365000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>2.875%, 10/15/2026, 144A |  | 1170027 |
| 790000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>3.625%, 3/01/2029, 144A |  | 626026 |
| 1745000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>3.875%, 3/01/2031, 144A |  | 1331915 |
| 2055000 | Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc., <br>4.000%, 10/15/2033, 144A |  | 1534797 |
|  |  |  | 11915923 |
|  | **Financial Other – 2.1%** | **Financial Other – 2.1%** | **Financial Other – 2.1%** |
| 200000 | Agile Group Holdings Ltd., <br>5.500%, 4/21/2025 |  | 106074 |
| 400000 | Agile Group Holdings Ltd., <br>6.050%, 10/13/2025 |  | 185072 |
| 200000 | Central China Real Estate Ltd., <br>7.250%, 7/16/2024 |  | 56726 |
| 200000 | Central China Real Estate Ltd., <br>7.250%, 8/13/2024 |  | 55962 |
| 280000 | Central China Real Estate Ltd., <br>7.650%, 8/27/2023 |  | 100134 |
| 200000 | CFLD Cayman Investment Ltd., <br>7.125%, 4/08/2022(e)(f) |  | 22000 |
| 200000 | CFLD Cayman Investment Ltd., <br>8.050%, 1/13/2025(e)(f) |  | 23318 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Financial Other – continued** | **Financial Other – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400000 | CFLD Cayman Investment Ltd., <br>8.750%, 9/28/2022(e)(f) | $47558 |
| 205000 | CFLD Cayman Investment Ltd., <br>9.000%, 7/31/2023(e)(f) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22661 |
| 810000 | China Aoyuan Group Ltd., <br>6.200%, 3/24/2026(e) | 66234 |
| 405000 | China Evergrande Group, <br>8.750%, 6/28/2025(e) | 29245 |
| 200000 | China Evergrande Group, <br>9.500%, 4/11/2022(e) | 14294 |
| 626807 | Easy Tactic Ltd., <br>7.500% PIK or 6.500% Cash, 7/11/2027(d) | 130037 |
| 200000 | Fantasia Holdings Group Co. Ltd., <br>11.875%, 6/01/2023(e) | 14500 |
| 3015000 | Icahn Enterprises LP/Icahn Enterprises Finance Corp., <br>4.375%, 2/01/2029 | 2549635 |
| 425000 | Icahn Enterprises LP/Icahn Enterprises Finance Corp., <br>5.250%, 5/15/2027 | 389130 |
| 335000 | Icahn Enterprises LP/Icahn Enterprises Finance Corp., <br>6.250%, 5/15/2026 | 321900 |
| 610000 | Icahn Enterprises LP/Icahn Enterprises Finance Corp., <br>6.375%, 12/15/2025 | 591578 |
| 400000 | Kaisa Group Holdings Ltd., <br>9.375%, 6/30/2024(e) | 54444 |
| 200000 | Kaisa Group Holdings Ltd., <br>9.950%, 7/23/2025(e) | 27078 |
| 800000 | Kaisa Group Holdings Ltd., <br>11.250%, 4/16/2025(e) | 108304 |
| 610000 | Kaisa Group Holdings Ltd., <br>11.650%, 6/01/2026(e) | 82478 |
| 200000 | Kaisa Group Holdings Ltd., <br>11.700%, 11/11/2025(e) | 27126 |
| 210000 | KWG Group Holdings Ltd., <br>6.300%, 2/13/2026 | 81955 |
| 1120000 | Nationstar Mortgage Holdings, Inc., <br>5.500%, 8/15/2028, 144A | 913261 |
| 15000 | Nationstar Mortgage Holdings, Inc., <br>5.750%, 11/15/2031, 144A | 11662 |
| 205000 | Shimao Group Holdings Ltd., <br>3.450%, 1/11/2031(e) | 36695 |
| 260000 | Shimao Group Holdings Ltd., <br>4.750%, 7/03/2022(e) | 48175 |
| 200000 | Shimao Group Holdings Ltd., <br>5.200%, 1/16/2027(e) | 36000 |
| 200000 | Shimao Group Holdings Ltd., <br>6.125%, 2/21/2024(e) | 37336 |
| 200000 | Sunac China Holdings Ltd., <br>6.500%, 1/10/2025(e) | 42760 |
| 405000 | Sunac China Holdings Ltd., <br>6.500%, 1/26/2026(e) | 86269 |
| 265000 | Sunac China Holdings Ltd., <br>6.650%, 8/03/2024(e) | 56797 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Financial Other – continued** | **Financial Other – continued** | **Financial Other – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200000 | Times China Holdings Ltd., <br>5.750%, 1/14/2027 | $| 32502 |
| 405000 | Times China Holdings Ltd., <br>6.200%, 3/22/2026 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65655 |
| 920000 | Yuzhou Group Holdings Co. Ltd., <br>6.350%, 1/13/2027(e) |  | 84971 |
| 200000 | Yuzhou Group Holdings Co. Ltd., <br>7.700%, 2/20/2025(e) |  | 18528 |
| 205000 | Yuzhou Group Holdings Co. Ltd., <br>7.850%, 8/12/2026(e) |  | 18969 |
| 295000 | Zhenro Properties Group Ltd., <br>6.630%, 1/07/2026(e) |  | 14771 |
|  |  |  | 6611794 |
|  | **Food & Beverage – 1.7%** | **Food & Beverage – 1.7%** | **Food & Beverage – 1.7%** |
| 475000 | Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, <br>5.250%, 4/27/2029, 144A |  | 442804 |
| 460000 | Darling Ingredients, Inc., <br>6.000%, 6/15/2030, 144A |  | 449650 |
| 440000 | HLF Financing S.a.r.l. LLC/Herbalife International, Inc., <br>4.875%, 6/01/2029, 144A |  | 303059 |
| 360000 | MARB BondCo. PLC, <br>3.950%, 1/29/2031, 144A |  | 276330 |
| 440000 | Performance Food Group, Inc., <br>4.250%, 8/01/2029, 144A |  | 381313 |
| 1670000 | Pilgrim's Pride Corp., <br>5.875%, 9/30/2027, 144A |  | 1619860 |
| 950000 | Post Holdings, Inc., <br>4.500%, 9/15/2031, 144A |  | 798628 |
| 470000 | Simmons Foods, Inc./Simmons Prepared Foods, Inc./Simmons Pet Food, Inc./Simmons Feed, <br>4.625%, 3/01/2029, 144A |  | 382605 |
| 800000 | US Foods, Inc., <br>4.750%, 2/15/2029, 144A |  | 710336 |
|  |  |  | 5364585 |
|  | **Gaming – 3.1%** | **Gaming – 3.1%** | **Gaming – 3.1%** |
| 515000 | Boyd Gaming Corp., <br>4.750%, 6/15/2031, 144A |  | 448050 |
| 840000 | Caesars Entertainment, Inc., <br>6.250%, 7/01/2025, 144A |  | 816207 |
| 835000 | Melco Resorts Finance Ltd., <br>5.375%, 12/04/2029, 144A |  | 667658 |
| 200000 | Melco Resorts Finance Ltd., <br>5.750%, 7/21/2028, 144A |  | 166544 |
| 705000 | Sands China Ltd., <br>3.350%, 3/08/2029 |  | 575951 |
| 1530000 | Sands China Ltd., <br>4.875%, 6/18/2030 |  | 1344533 |
| 745000 | Sands China Ltd., <br>5.900%, 8/08/2028 |  | 697546 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Gaming – continued** | **Gaming – continued** | **Gaming – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335000 | Scientific Games International, Inc., <br>7.000%, 5/15/2028, 144A | $| 319560 |
| 480000 | Scientific Games International, Inc., <br>7.250%, 11/15/2029 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460800 |
| 1310000 | Scientific Games International, Inc., <br>7.250%, 11/15/2029, 144A |  | 1257600 |
| 700000 | Studio City Finance Ltd., <br>5.000%, 1/15/2029, 144A |  | 517902 |
| 870000 | VICI Properties LP, <br>4.375%, 5/15/2025 |  | 843750 |
| 280000 | VICI Properties LP/VICI Note Co., Inc., <br>4.250%, 12/01/2026, 144A |  | 261219 |
| 295000 | VICI Properties LP/VICI Note Co., Inc., <br>4.500%, 9/01/2026, 144A |  | 277618 |
| 250000 | VICI Properties LP/VICI Note Co., Inc., <br>4.625%, 6/15/2025, 144A |  | 239687 |
| 220000 | VICI Properties LP/VICI Note Co., Inc., <br>5.625%, 5/01/2024, 144A |  | 217857 |
| 965000 | Wynn Macau Ltd., <br>5.625%, 8/26/2028, 144A |  | 824197 |
|  |  |  | 9936679 |
|  | **Government Owned - No Guarantee – 0.1%** | **Government Owned - No Guarantee – 0.1%** | **Government Owned - No Guarantee – 0.1%** |
| 295000 | EcoPetrol S.A., <br>4.625%, 11/02/2031 |  | 225333 |
|  | **Health Insurance – 0.3%** | **Health Insurance – 0.3%** | **Health Insurance – 0.3%** |
| 1075000 | Centene Corp., <br>2.450%, 7/15/2028 |  | 907354 |
| 190000 | Molina Healthcare, Inc., <br>3.875%, 5/15/2032, 144A |  | 157783 |
|  |  |  | 1065137 |
|  | **Healthcare – 1.5%** | **Healthcare – 1.5%** | **Healthcare – 1.5%** |
| 300000 | AdaptHealth LLC, <br>5.125%, 3/01/2030, 144A |  | 255387 |
| 345000 | AHP Health Partners, Inc., <br>5.750%, 7/15/2029, 144A |  | 269531 |
| 2065000 | CHS/Community Health Systems, Inc., <br>5.250%, 5/15/2030, 144A |  | 1557087 |
| 550000 | Garden Spinco Corp., <br>8.625%, 7/20/2030, 144A |  | 583000 |
| 630000 | Medline Borrower LP, <br>5.250%, 10/01/2029, 144A |  | 500390 |
| 365000 | ModivCare Escrow Issuer, Inc., <br>5.000%, 10/01/2029, 144A |  | 307805 |
| 355000 | Tenet Healthcare Corp., <br>5.125%, 11/01/2027, 144A |  | 330235 |
| 295000 | Tenet Healthcare Corp., <br>6.125%, 10/01/2028, 144A |  | 264119 |
| 340000 | Tenet Healthcare Corp., <br>6.250%, 2/01/2027, 144A |  | 326574 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Healthcare – continued** | **Healthcare – continued** | **Healthcare – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350000 | U.S. Acute Care Solutions LLC, <br>6.375%, 3/01/2026, 144A | $| 310598 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4704726 |
|  | **Home Construction – 0.0%** | **Home Construction – 0.0%** | **Home Construction – 0.0%** |
| 115000 | Forestar Group, Inc., <br>3.850%, 5/15/2026, 144A |  | 100819 |
|  | **Independent Energy – 6.5%** | **Independent Energy – 6.5%** | **Independent Energy – 6.5%** |
| 400000 | Baytex Energy Corp., <br>8.750%, 4/01/2027, 144A |  | 406988 |
| 380000 | California Resources Corp., <br>7.125%, 2/01/2026, 144A |  | 365195 |
| 505000 | Callon Petroleum Co., <br>8.000%, 8/01/2028, 144A |  | 481408 |
| 1335000 | Chesapeake Energy Corp., <br>5.500%, 2/01/2026, 144A |  | 1288242 |
| 395000 | Chesapeake Energy Corp., <br>6.750%, 4/15/2029, 144A |  | 384572 |
| 195000 | Chord Energy Corp., <br>6.375%, 6/01/2026, 144A |  | 189916 |
| 660000 | CNX Resources Corp., <br>7.250%, 3/14/2027, 144A |  | 655050 |
| 345000 | Colgate Energy Partners III LLC, <br>5.875%, 7/01/2029, 144A |  | 296307 |
| 455000 | Comstock Resources, Inc., <br>6.750%, 3/01/2029, 144A |  | 410638 |
| 1265000 | Continental Resources, Inc., <br>2.875%, 4/01/2032, 144A |  | 936971 |
| 420000 | Continental Resources, Inc., <br>5.750%, 1/15/2031, 144A |  | 390961 |
| 470000 | Crescent Energy Finance LLC, <br>7.250%, 5/01/2026, 144A |  | 442900 |
| 655000 | Energean Israel Finance Ltd., <br>4.875%, 3/30/2026, 144A |  | 604499 |
| 345000 | Energean Israel Finance Ltd., <br>5.375%, 3/30/2028, 144A |  | 308775 |
| 60000 | EQT Corp., <br>3.125%, 5/15/2026, 144A |  | 55142 |
| 805000 | EQT Corp., <br>3.900%, 10/01/2027 |  | 743148 |
| 90000 | EQT Corp., <br>5.678%, 10/01/2025 |  | 89563 |
| 65000 | EQT Corp., <br>5.700%, 4/01/2028 |  | 64651 |
| 465000 | EQT Corp., <br>6.125%, 2/01/2025 |  | 466093 |
| 315000 | Gulfport Energy Corp., <br>8.000%, 5/17/2026, 144A |  | 307125 |
| 700000 | Matador Resources Co., <br>5.875%, 9/15/2026 |  | 673021 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Independent Energy – continued** | **Independent Energy – continued** | **Independent Energy – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320000 | MEG Energy Corp., <br>5.875%, 2/01/2029, 144A | $| 301768 |
| 980000 | Northern Oil & Gas, Inc., <br>8.125%, 3/01/2028, 144A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940990 |
| 30000 | Occidental Petroleum Corp., <br>6.125%, 1/01/2031 |  | 30276 |
| 215000 | Occidental Petroleum Corp., <br>6.450%, 9/15/2036 |  | 219300 |
| 1250000 | Occidental Petroleum Corp., <br>6.600%, 3/15/2046 |  | 1286237 |
| 50000 | Occidental Petroleum Corp., <br>6.625%, 9/01/2030 |  | 51669 |
| 3435000 | Occidental Petroleum Corp., <br>8.875%, 7/15/2030 |  | 3878130 |
| 1260000 | PDC Energy, Inc., <br>5.750%, 5/15/2026 |  | 1202758 |
| 355000 | Permian Resources Operating LLC, <br>6.875%, 4/01/2027, 144A |  | 334495 |
| 430000 | Range Resources Corp., <br>4.875%, 5/15/2025 |  | 408458 |
| 645000 | Range Resources Corp., <br>8.250%, 1/15/2029 |  | 664637 |
| 1540000 | Sanchez Energy Corp., <br>6.125%, 1/15/2023(e) |  | 21175 |
| 350000 | SM Energy Co., <br>5.625%, 6/01/2025 |  | 335997 |
| 430000 | SM Energy Co., <br>6.750%, 9/15/2026 |  | 417465 |
| 360000 | Southwestern Energy Co., <br>5.375%, 2/01/2029 |  | 333742 |
| 715000 | Strathcona Resources Ltd., <br>6.875%, 8/01/2026, 144A |  | 521853 |
| 365000 | Tap Rock Resources LLC, <br>7.000%, 10/01/2026, 144A |  | 339487 |
|  |  |  | 20849602 |
|  | **Industrial Other – 0.2%** | **Industrial Other – 0.2%** | **Industrial Other – 0.2%** |
| 560000 | Brundage-Bone Concrete Pumping Holdings, Inc., <br>6.000%, 2/01/2026, 144A |  | 510522 |
|  | **Leisure – 2.7%** | **Leisure – 2.7%** | **Leisure – 2.7%** |
| 1570000 | Carnival Corp., <br>5.750%, 3/01/2027, 144A |  | 1121043 |
| 390000 | Cinemark USA, Inc., <br>5.250%, 7/15/2028, 144A |  | 289610 |
| 525000 | Live Nation Entertainment, Inc., <br>3.750%, 1/15/2028, 144A |  | 447341 |
| 5000 | NCL Corp. Ltd., <br>5.875%, 3/15/2026 |  | 3927 |
| 2190000 | NCL Corp. Ltd., <br>5.875%, 3/15/2026, 144A |  | 1720179 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Leisure – continued** | **Leisure – continued** | **Leisure – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295000 | NCL Finance Ltd., <br>6.125%, 3/15/2028, 144A | $| 217775 |
| 465000 | Royal Caribbean Cruises Ltd., <br>3.700%, 3/15/2028 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;341775 |
| 290000 | Royal Caribbean Cruises Ltd., <br>4.250%, 7/01/2026, 144A |  | 234421 |
| 2755000 | Royal Caribbean Cruises Ltd., <br>5.500%, 4/01/2028, 144A |  | 2198614 |
| 530000 | Royal Caribbean Cruises Ltd., <br>11.625%, 8/15/2027, 144A |  | 532242 |
| 365000 | SeaWorld Parks & Entertainment, Inc., <br>5.250%, 8/15/2029, 144A |  | 317805 |
| 1015000 | Viking Ocean Cruises Ship VII Ltd., <br>5.625%, 2/15/2029, 144A |  | 817075 |
| 335000 | VOC Escrow Ltd., <br>5.000%, 2/15/2028, 144A |  | 288134 |
|  |  |  | 8529941 |
|  | **Lodging – 1.2%** | **Lodging – 1.2%** | **Lodging – 1.2%** |
| 690000 | Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, <br>4.875%, 7/01/2031, 144A |  | 563145 |
| 1130000 | Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow, <br>5.000%, 6/01/2029, 144A |  | 971800 |
| 275000 | Marriott Ownership Resorts, Inc., <br>4.500%, 6/15/2029, 144A |  | 228147 |
| 1160000 | Travel & Leisure Co., <br>4.500%, 12/01/2029, 144A |  | 945203 |
| 1345000 | Travel & Leisure Co., <br>4.625%, 3/01/2030, 144A |  | 1115369 |
|  |  |  | 3823664 |
|  | **Media Entertainment – 1.8%** | **Media Entertainment – 1.8%** | **Media Entertainment – 1.8%** |
| 395000 | Deluxe Corp., <br>8.000%, 6/01/2029, 144A |  | 324887 |
| 665000 | Diamond Sports Group LLC/Diamond Sports Finance Co., <br>5.375%, 8/15/2026, 144A |  | 78138 |
| 425000 | Diamond Sports Group LLC/Diamond Sports Finance Co., <br>6.625%, 8/15/2027, 144A |  | 3188 |
| 680000 | iHeartCommunications, Inc., <br>4.750%, 1/15/2028, 144A |  | 553751 |
| 1050000 | iHeartCommunications, Inc., <br>6.375%, 5/01/2026 |  | 966000 |
| 1095000 | iHeartCommunications, Inc., <br>8.375%, 5/01/2027 |  | 931218 |
| 935000 | Netflix, Inc., <br>4.875%, 6/15/2030, 144A |  | 871980 |
| 35000 | Netflix, Inc., <br>5.375%, 11/15/2029, 144A |  | 33950 |
| 435000 | Netflix, Inc., <br>5.875%, 2/15/2025 |  | 440481 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Media Entertainment – continued** | **Media Entertainment – continued** | **Media Entertainment – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90000 | Netflix, Inc., <br>6.375%, 5/15/2029 | $| 92636 |
| 255000 | Playtika Holding Corp., <br>4.250%, 3/15/2029, 144A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200162 |
| 590000 | Sinclair Television Group, Inc., <br>5.125%, 2/15/2027, 144A |  | 481211 |
| 365000 | Stagwell Global LLC, <br>5.625%, 8/15/2029, 144A |  | 300902 |
| 455000 | Warnermedia Holdings, Inc., <br>3.755%, 3/15/2027, 144A |  | 410656 |
| 235000 | Warnermedia Holdings, Inc., <br>4.279%, 3/15/2032, 144A |  | 193762 |
|  |  |  | 5882922 |
|  | **Metals & Mining – 3.6%** | **Metals & Mining – 3.6%** | **Metals & Mining – 3.6%** |
| 810000 | Alcoa Nederland Holding BV, <br>5.500%, 12/15/2027, 144A |  | 780565 |
| 605000 | Arconic Corp., <br>6.000%, 5/15/2025, 144A |  | 594773 |
| 370000 | ATI, Inc., <br>4.875%, 10/01/2029 |  | 326980 |
| 350000 | ATI, Inc., <br>5.875%, 12/01/2027 |  | 334700 |
| 415000 | Cia de Minas Buenaventura SAA, <br>5.500%, 7/23/2026, 144A |  | 355892 |
| 845000 | Cleveland-Cliffs, Inc., <br>6.750%, 3/15/2026, 144A |  | 847113 |
| 495000 | Commercial Metals Co., <br>4.125%, 1/15/2030 |  | 438004 |
| 1598000 | First Quantum Minerals Ltd., <br>6.875%, 3/01/2026, 144A |  | 1513341 |
| 3030000 | First Quantum Minerals Ltd., <br>6.875%, 10/15/2027, 144A |  | 2842816 |
| 2277000 | First Quantum Minerals Ltd., <br>7.500%, 4/01/2025, 144A |  | 2216296 |
| 770000 | Mineral Resources Ltd., <br>8.125%, 5/01/2027, 144A |  | 775339 |
| 163000 | United States Steel Corp., <br>6.875%, 3/01/2029 |  | 158215 |
| 170000 | Volcan Cia Minera SAA, <br>4.375%, 2/11/2026, 144A |  | 146463 |
|  |  |  | 11330497 |
|  | **Midstream – 4.1%** | **Midstream – 4.1%** | **Midstream – 4.1%** |
| 255000 | Antero Midstream Partners LP/Antero Midstream Finance Corp., <br>5.375%, 6/15/2029, 144A |  | 233131 |
| 475000 | Antero Midstream Partners LP/Antero Midstream Finance Corp., <br>7.875%, 5/15/2026, 144A |  | 480826 |
| 1015000 | Blue Racer Midstream LLC/Blue Racer Finance Corp., <br>7.625%, 12/15/2025, 144A |  | 1007442 |
| 885000 | Buckeye Partners LP, <br>4.500%, 3/01/2028, 144A |  | 777911 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Midstream – continued** | **Midstream – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570000 | Cheniere Energy Partners LP, <br>4.000%, 3/01/2031 | $485275 |
| 345000 | CQP Holdco LP/BIP-V Chinook Holdco LLC, <br>5.500%, 6/15/2031, 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301361 |
| 530000 | Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., <br>6.000%, 2/01/2029, 144A | 486281 |
| 75000 | DCP Midstream Operating LP, <br>3.250%, 2/15/2032 | 62035 |
| 525000 | EnLink Midstream LLC, <br>6.500%, 9/01/2030, 144A | 519592 |
| 195000 | EnLink Midstream Partners LP, <br>5.600%, 4/01/2044 | 160830 |
| 140000 | EQM Midstream Partners LP, <br>6.500%, 7/15/2048 | 104941 |
| 2060000 | EQM Midstream Partners LP, <br>7.500%, 6/01/2027, 144A | 2017276 |
| 210000 | EQM Midstream Partners LP, <br>7.500%, 6/01/2030, 144A | 202339 |
| 475000 | Ferrellgas LP/Ferrellgas Finance Corp., <br>5.375%, 4/01/2026, 144A | 432082 |
| 1080000 | Hess Midstream Operations LP, <br>4.250%, 2/15/2030, 144A | 923315 |
| 980000 | Hess Midstream Operations LP, <br>5.625%, 2/15/2026, 144A | 954603 |
| 375000 | Holly Energy Partners LP/Holly Energy Finance Corp., <br>6.375%, 4/15/2027, 144A | 368434 |
| 395000 | Suburban Propane Partners LP/Suburban Energy Finance Corp., <br>5.000%, 6/01/2031, 144A | 335743 |
| 350000 | Sunoco LP/Sunoco Finance Corp., <br>4.500%, 5/15/2029 | 306145 |
| 805000 | Targa Resources Corp., <br>5.200%, 7/01/2027 | 789006 |
| 105000 | Targa Resources Partners LP/Targa Resources Partners Finance Corp., <br>4.875%, 2/01/2031 | 94810 |
| 135000 | Targa Resources Partners LP/Targa Resources Partners Finance Corp., <br>5.000%, 1/15/2028 | 128784 |
| 560000 | Targa Resources Partners LP/Targa Resources Partners Finance Corp., <br>5.500%, 3/01/2030 | 526915 |
| 280000 | Western Midstream Operating LP, <br>3.350%, 2/01/2025 | 264942 |
| 130000 | Western Midstream Operating LP, <br>4.500%, 3/01/2028 | 119275 |
| 450000 | Western Midstream Operating LP, <br>4.750%, 8/15/2028 | 410981 |
| 440000 | Western Midstream Operating LP, <br>5.300%, 3/01/2048 | 361780 |
| 300000 | Western Midstream Operating LP, <br>5.500%, 2/01/2050 | 247140 |
|  |  | 13103195 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Non-Agency Commercial Mortgage-Backed Securities – 1.6%** | **Non-Agency Commercial Mortgage-Backed Securities – 1.6%** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800000 | Citigroup Commercial Mortgage Trust, Series 2014-GC21, Class D, <br>4.941%, 5/10/2047, 144A(g) | $648000 |
| 165000 | Credit Suisse Mortgage Trust, Series 2014-USA, Class E, <br>4.373%, 9/15/2037, 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95876 |
| 205000 | GS Mortgage Securities Trust, Series 2011-GC5, Class C, <br>5.154%, 8/10/2044, 144A(g) | 154263 |
| 1830000 | GS Mortgage Securities Trust, Series 2011-GC5, Class D, <br>5.154%, 8/10/2044, 144A(g) | 757809 |
| 425000 | GS Mortgage Securities Trust, Series 2014-GC22, Class D, <br>4.686%, 6/10/2047, 144A(g) | 375740 |
| 720000 | JPMBB Commercial Mortgage Securities Trust, Series 2013-C14, Class C, <br>4.548%, 8/15/2046(g) | 675512 |
| 1135000 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C11, Class B, <br>4.398%, 8/15/2046(g) | 837650 |
| 475000 | MSBAM Commercial Mortgage Securities Trust, Series 2012-CKSV, Class C, <br>4.282%, 10/15/2030, 144A(g) | 342238 |
| 208290 | Starwood Retail Property Trust, Series 2014-STAR, Class A, <br>1-month LIBOR + 1.470%, 5.788%, 11/15/2027, 144A(c) | 144241 |
| 310000 | Wells Fargo Commercial Mortgage Trust, Series 2014-LC16, Class B, <br>4.322%, 8/15/2050 | 266906 |
| 545000 | Wells Fargo Commercial Mortgage Trust, Series 2014-LC16, Class C, <br>4.458%, 8/15/2050 | 336556 |
| 215000 | WFRBS Commercial Mortgage Trust, Series 2012-C10, Class C, <br>4.357%, 12/15/2045(g) | 192368 |
| 515000 | WFRBS Commercial Mortgage Trust, Series 2012-C7, Class D, <br>4.651%, 6/15/2045, 144A(g) | 195700 |
| 185000 | WFRBS Commercial Mortgage Trust, Series 2013-C15, Class C, <br>4.529%, 8/15/2046(g) | 150633 |
|  |  | 5173492 |
|  | **Oil Field Services – 1.0%** | **Oil Field Services – 1.0%** |
| 365000 | Nabors Industries, Inc., <br>7.375%, 5/15/2027, 144A | 357642 |
| 265000 | Precision Drilling Corp., <br>6.875%, 1/15/2029, 144A | 246717 |
| 40000 | Precision Drilling Corp., <br>7.125%, 1/15/2026, 144A | 38700 |
| 210000 | Solaris Midstream Holdings LLC, <br>7.625%, 4/01/2026, 144A | 208872 |
| 1973125 | Transocean Poseidon Ltd., <br>6.875%, 2/01/2027, 144A | 1920087 |
| 545000 | Weatherford International Ltd., <br>8.625%, 4/30/2030, 144A | 523368 |
| 22000 | Weatherford International Ltd., <br>11.000%, 12/01/2024, 144A | 22441 |
|  |  | 3317827 |
|  | **Packaging – 0.1%** | **Packaging – 0.1%** |
| 422598 | ARD Finance S.A., <br>7.250% PIK or 6.500% Cash, 6/30/2027(d) | 294166 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Pharmaceuticals – 2.9%** | **Pharmaceuticals – 2.9%** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3190000 | Bausch Health Cos., Inc., <br>4.875%, 6/01/2028, 144A | $2028973 |
| 160000 | Bausch Health Cos., Inc., <br>5.250%, 1/30/2030, 144A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76746 |
| 1405000 | Bausch Health Cos., Inc., <br>5.250%, 2/15/2031, 144A | 680821 |
| 195000 | Bausch Health Cos., Inc., <br>6.125%, 2/01/2027, 144A | 134478 |
| 575000 | Endo Dac/Endo Finance LLC/Endo Finco, Inc., <br>6.000%, 6/30/2028, 144A(e) | 30188 |
| 200000 | Endo Luxembourg Finance Co. I. S.a.r.l./Endo U.S., Inc., <br>6.125%, 4/01/2029, 144A | 151726 |
| 385000 | Grifols Escrow Issuer S.A., <br>4.750%, 10/15/2028, 144A | 332436 |
| 1025000 | Organon & Co./Organon Foreign Debt Co-Issuer BV, <br>5.125%, 4/30/2031, 144A | 887527 |
| 875000 | Perrigo Finance Unlimited Co., <br>4.400%, 6/15/2030 | 745515 |
| 770000 | Teva Pharmaceutical Finance Co. LLC, <br>6.150%, 2/01/2036 | 676881 |
| 265000 | Teva Pharmaceutical Finance Netherlands III BV, <br>3.150%, 10/01/2026 | 231742 |
| 2140000 | Teva Pharmaceutical Finance Netherlands III BV, <br>4.100%, 10/01/2046 | 1308450 |
| 2335000 | Teva Pharmaceutical Finance Netherlands III BV, <br>4.750%, 5/09/2027 | 2110606 |
|  |  | 9396089 |
|  | **Property & Casualty Insurance – 0.7%** | **Property & Casualty Insurance – 0.7%** |
| 550000 | Acrisure LLC/Acrisure Finance, Inc., <br>6.000%, 8/01/2029, 144A | 449477 |
| 605000 | AmWINS Group, Inc., <br>4.875%, 6/30/2029, 144A | 513129 |
| 385000 | BroadStreet Partners, Inc., <br>5.875%, 4/15/2029, 144A | 327666 |
| 1920000 | MBIA Insurance Corp., <br>3-month LIBOR + 11.260%, 15.339%, 1/15/2033, 144A(c)(h)(i) | 192000 |
| 700000 | USI, Inc., <br>6.875%, 5/01/2025, 144A | 674341 |
|  |  | 2156613 |
|  | **Refining – 0.4%** | **Refining – 0.4%** |
| 180000 | Calumet Specialty Products Partners LP/Calumet Finance Corp., <br>11.000%, 4/15/2025, 144A | 187612 |
| 1175000 | Parkland Corp., <br>4.625%, 5/01/2030, 144A | 972312 |
|  |  | 1159924 |
|  | **REITs - Hotels – 0.3%** | **REITs - Hotels – 0.3%** |
| 45000 | Service Properties Trust, <br>3.950%, 1/15/2028 | 31950 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **REITs - Hotels – continued** | **REITs - Hotels – continued** | **REITs - Hotels – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470000 | Service Properties Trust, <br>4.350%, 10/01/2024 | $| 427264 |
| 135000 | Service Properties Trust, <br>4.500%, 6/15/2023 |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132663 |
| 75000 | Service Properties Trust, <br>4.650%, 3/15/2024 |  | 71634 |
| 60000 | Service Properties Trust, <br>4.750%, 10/01/2026 |  | 47217 |
| 215000 | Service Properties Trust, <br>4.950%, 2/15/2027 |  | 169334 |
|  |  |  | 880062 |
|  | **Restaurants – 0.8%** | **Restaurants – 0.8%** | **Restaurants – 0.8%** |
| 1815000 | 1011778 B.C. ULC/New Red Finance, Inc., <br>4.375%, 1/15/2028, 144A |  | 1625162 |
| 315000 | Bloomin' Brands, Inc./OSI Restaurant Partners LLC, <br>5.125%, 4/15/2029, 144A |  | 264946 |
| 565000 | KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, <br>4.750%, 6/01/2027, 144A |  | 542400 |
| 285000 | Papa John's International, Inc., <br>3.875%, 9/15/2029, 144A |  | 237975 |
|  |  |  | 2670483 |
|  | **Retailers – 1.2%** | **Retailers – 1.2%** | **Retailers – 1.2%** |
| 350000 | Asbury Automotive Group, Inc., <br>4.500%, 3/01/2028 |  | 308140 |
| 585000 | Asbury Automotive Group, Inc., <br>4.625%, 11/15/2029, 144A |  | 492944 |
| 715000 | Bath & Body Works, Inc., <br>5.250%, 2/01/2028 |  | 663985 |
| 325000 | Carvana Co., <br>4.875%, 9/01/2029, 144A |  | 125210 |
| 50000 | Carvana Co., <br>5.500%, 4/15/2027, 144A |  | 19809 |
| 275000 | Michaels Cos., Inc. (The), <br>7.875%, 5/01/2029, 144A |  | 183746 |
| 470000 | NMG Holding Co., Inc./Neiman Marcus Group LLC, <br>7.125%, 4/01/2026, 144A |  | 440516 |
| 570000 | PetSmart, Inc./PetSmart Finance Corp., <br>7.750%, 2/15/2029, 144A |  | 535340 |
| 725000 | Sonic Automotive, Inc., <br>4.625%, 11/15/2029, 144A |  | 580513 |
| 480000 | Sonic Automotive, Inc., <br>4.875%, 11/15/2031, 144A |  | 377369 |
|  |  |  | 3727572 |
|  | **Supermarkets – 0.5%** | **Supermarkets – 0.5%** | **Supermarkets – 0.5%** |
| 1434000 | Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, <br>4.625%, 1/15/2027, 144A |  | 1331999 |
| 155000 | Safeway, Inc., <br>7.250%, 2/01/2031 |  | 153813 |
|  |  |  | 1485812 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Technology – 5.8%** | **Technology – 5.8%** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940000 | Block, Inc., <br>2.750%, 6/01/2026 | $839796 |
| 930000 | Broadcom, Inc., <br>4.300%, 11/15/2032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819647 |
| 600000 | Clarivate Science Holdings Corp., <br>4.875%, 7/01/2029, 144A | 510210 |
| 220000 | Cloud Software Group Holdings, Inc., <br>6.500%, 3/31/2029, 144A | 185302 |
| 600000 | Coherent Corp., <br>5.000%, 12/15/2029, 144A | 517458 |
| 3300000 | CommScope Technologies LLC, <br>5.000%, 3/15/2027 | 2241365 |
| 1195000 | CommScope Technologies LLC, <br>5.000%, 3/15/2027, 144A | 811646 |
| 225000 | Dun & Bradstreet Corp. (The), <br>5.000%, 12/15/2029, 144A | 192547 |
| 730000 | Elastic NV, <br>4.125%, 7/15/2029, 144A | 589621 |
| 1485000 | Endurance International Group Holdings, Inc., <br>6.000%, 2/15/2029, 144A | 966557 |
| 1245000 | Entegris Escrow Corp., <br>5.950%, 6/15/2030, 144A | 1148139 |
| 190000 | Everi Holdings, Inc., <br>5.000%, 7/15/2029, 144A | 163204 |
| 775000 | Gen Digital, Inc., <br>6.750%, 9/30/2027, 144A | 759500 |
| 855000 | Global Payments, Inc., <br>4.950%, 8/15/2027 | 829352 |
| 360000 | Iron Mountain, Inc., <br>4.500%, 2/15/2031, 144A | 295898 |
| 1385000 | Iron Mountain, Inc., <br>5.250%, 3/15/2028, 144A | 1274020 |
| 1195000 | Micron Technology, Inc., <br>6.750%, 11/01/2029 | 1213853 |
| 65000 | NCR Corp., <br>5.000%, 10/01/2028, 144A | 55415 |
| 575000 | NCR Corp., <br>5.125%, 4/15/2029, 144A | 480886 |
| 45000 | NCR Corp., <br>5.250%, 10/01/2030, 144A | 37125 |
| 561000 | NCR Corp., <br>5.750%, 9/01/2027, 144A | 536835 |
| 600000 | Neptune Bidco U.S., Inc., <br>9.290%, 4/15/2029, 144A | 565500 |
| 1220000 | Open Text Corp., <br>3.875%, 12/01/2029, 144A | 981109 |
| 765000 | Open Text Corp., <br>6.900%, 12/01/2027, 144A | 765000 |
| 760000 | Oracle Corp., <br>2.950%, 5/15/2025 | 721056 |
| 225000 | Sabre GLBL, Inc., <br>11.250%, 12/15/2027, 144A | 231688 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |  |
|  | **Technology – continued** | **Technology – continued** | **Technology – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160000 | Seagate HDD Cayman, <br>4.875%, 6/01/2027 | $| 149154 |
| 30600 | Seagate HDD Cayman, <br>9.625%, 12/01/2032, 144A |  | 33562 |
| 230000 | Sensata Technologies, Inc., <br>3.750%, 2/15/2031, 144A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;189207 |
| 125000 | Sensata Technologies, Inc., <br>4.375%, 2/15/2030, 144A |  | 108813 |
| 345000 | SS&C Technologies, Inc., <br>5.500%, 9/30/2027, 144A |  | 323057 |
|  |  |  | 18536522 |
|  | **Treasuries – 5.0%** | **Treasuries – 5.0%** | **Treasuries – 5.0%** |
| 16765000 | U.S. Treasury Note, <br>2.625%, 5/31/2027 |  | 15802977 |
|  | **Wireless – 3.3%** | **Wireless – 3.3%** | **Wireless – 3.3%** |
| 985000 | Altice France S.A., <br>5.500%, 10/15/2029, 144A |  | 751092 |
| 445000 | IHS Holding Ltd., <br>5.625%, 11/29/2026, 144A |  | 367347 |
| 415000 | IHS Holding Ltd., <br>6.250%, 11/29/2028, 144A |  | 334722 |
| 600000 | IHS Netherlands Holdco BV, <br>8.000%, 9/18/2027, 144A |  | 527556 |
| 705000 | SBA Communications Corp., <br>3.875%, 2/15/2027 |  | 636977 |
| 3620000 | SoftBank Group Corp., <br>4.625%, 7/06/2028 |  | 2972165 |
| 3585000 | Sprint LLC, <br>7.125%, 6/15/2024 |  | 3655051 |
| 1310000 | Sprint LLC, <br>7.625%, 2/15/2025 |  | 1352358 |
|  |  |  | 10597268 |
|  | **Wirelines – 1.8%** | **Wirelines – 1.8%** | **Wirelines – 1.8%** |
| 1180000 | Cincinnati Bell Telephone Co. LLC, <br>6.300%, 12/01/2028 |  | 1029444 |
| 110000 | Embarq Corp., <br>7.995%, 6/01/2036 |  | 51150 |
| 1090000 | Frontier Communications Holdings LLC, <br>5.875%, 10/15/2027, 144A |  | 1012141 |
| 350000 | Frontier Communications Holdings LLC, <br>8.750%, 5/15/2030, 144A |  | 355862 |
| 630000 | Iliad Holding SASU, <br>6.500%, 10/15/2026, 144A |  | 584296 |
| 725000 | Level 3 Financing, Inc., <br>3.625%, 1/15/2029, 144A |  | 530875 |
| 245000 | Level 3 Financing, Inc., <br>4.250%, 7/01/2028, 144A |  | 192987 |
| 200000 | Liquid Telecommunications Financing PLC, <br>5.500%, 9/04/2026, 144A |  | 143890 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
| **Non-Convertible Bonds – continued** | **Non-Convertible Bonds – continued** |  |
|  | **Wirelines – continued** | **Wirelines – continued** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1550000 | Telecom Italia Capital S.A., <br>6.375%, 11/15/2033 | 1268039 |
| 650000 | Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, <br>4.750%, 4/15/2028, 144A | 520000 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5688684 |
|  | Total Non-Convertible Bonds <br>(Identified Cost $311,982,168) | 269072750 |
| **Convertible Bonds – 4.5%** | **Convertible Bonds – 4.5%** | **Convertible Bonds – 4.5%** |
|  | **Airlines – 0.5%** | **Airlines – 0.5%** |
| 1325000 | Southwest Airlines Co., <br>1.250%, 5/01/2025 | 1591325 |
|  | **Cable Satellite – 1.4%** | **Cable Satellite – 1.4%** |
| 7095000 | DISH Network Corp., <br>3.375%, 8/15/2026 | 4445018 |
| 85000 | DISH Network Corp., Zero Coupon, <br>6.944%-9.514%, 12/15/2025(j) | 54409 |
|  |  | 4499427 |
|  | **Consumer Cyclical Services – 0.2%** | **Consumer Cyclical Services – 0.2%** |
| 745000 | Uber Technologies, Inc., Zero Coupon, <br>0.980%-1.922%, 12/15/2025(j) | 629220 |
| 85000 | Zillow Group, Inc., <br>1.375%, 9/01/2026 | 85637 |
|  |  | 714857 |
|  | **Consumer Products – 0.0%** | **Consumer Products – 0.0%** |
| 80000 | Beauty Health Co. (The), <br>1.250%, 10/01/2026, 144A | 60480 |
|  | **Gaming – 0.1%** | **Gaming – 0.1%** |
| 175000 | Penn Entertainment, Inc., <br>2.750%, 5/15/2026 | 257950 |
|  | **Healthcare – 0.7%** | **Healthcare – 0.7%** |
| 390000 | Lantheus Holdings, Inc., <br>2.625%, 12/15/2027, 144A | 392691 |
| 2410000 | Teladoc Health, Inc., <br>1.250%, 6/01/2027 | 1851350 |
|  |  | 2244041 |
|  | **Leisure – 0.2%** | **Leisure – 0.2%** |
| 815000 | NCL Corp. Ltd., <br>1.125%, 2/15/2027 | 558226 |
|  | **Media Entertainment – 0.1%** | **Media Entertainment – 0.1%** |
| 430000 | Bilibili, Inc., <br>0.500%, 12/01/2026 | 316050 |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **Principal<br>Amount** | **Principal<br>Amount** | **Description** | **Value (†)** |
|  **Bonds and Notes – continued** | **Bonds and Notes – continued** | **Bonds and Notes – continued** |  |
|  **Convertible Bonds – continued** | **Convertible Bonds – continued** | **Convertible Bonds – continued** |  |
|  |  | **Pharmaceuticals – 1.1%** | **Pharmaceuticals – 1.1%** |
| $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340000 | BioMarin Pharmaceutical, Inc., <br>0.599%, 8/01/2024 | $360842 |
|  | 2260000 | BioMarin Pharmaceutical, Inc., <br>1.250%, 5/15/2027 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2428507 |
|  | 715000 | Livongo Health, Inc., <br>0.875%, 6/01/2025 | 625897 |
|  |  |  | 3415246 |
|  |  | **Technology – 0.2%** | **Technology – 0.2%** |
|  | 370000 | RingCentral, Inc., <br>Zero Coupon, 7.146%-8.016%, 3/15/2026(j) | 290450 |
|  | 335000 | Unity Software, Inc., <br>Zero Coupon, 7.449%-7.662%, 11/15/2026(j) | 250747 |
|  | 110000 | Wolfspeed, Inc., <br>0.250%, 2/15/2028, 144A | 95095 |
|  | 145000 | Wolfspeed, Inc., <br>1.875%, 12/01/2029, 144A | 130573 |
|  |  |  | 766865 |
|  |  | Total Convertible Bonds <br>(Identified Cost $19,190,160) | 14424467 |
|  |  | Total Bonds and Notes <br>(Identified Cost $331,172,328) | 283497217 |
|  **Senior Loans – 0.4%** | **Senior Loans – 0.4%** | **Senior Loans – 0.4%** |  |
|  |  | **Independent Energy – 0.4%** | **Independent Energy – 0.4%** |
|  | 1247000 | Ascent Resources - Utica, 2020 Fixed 2nd Lien Term Loan, <br>3-month LIBOR + 9.000%, 12.941%, 11/01/2025(c)(k) <br>(Identified Cost $1,247,440) | 1314338 |
|  **Collateralized Loan Obligations – 1.8%** | **Collateralized Loan Obligations – 1.8%** | **Collateralized Loan Obligations – 1.8%** |  |
|  | 920000 | AIG CLO LLC, Series 2021-2A, Class E, <br>3-month LIBOR + 6.500%, 10.743%, 7/20/2034, 144A(c) | 823251 |
|  | 325000 | Battalion CLO XVI Ltd., Series 2019-16A, Class ER, <br>3-month LIBOR + 6.600%, 10.843%, 12/19/2032, 144A(c) | 281466 |
|  | 730000 | NYACK Park CLO Ltd., Series 2021-1A, Class E, <br>3-month LIBOR + 6.100%, 10.343%, 10/20/2034, 144A(c) | 635091 |
|  | 730000 | Octagon Investment Partners 44 Ltd., Series 2019-1A, Class ER, <br>3-month LIBOR + 6.750%, 10.829%, 10/15/2034, 144A(c) | 621172 |
|  | 735000 | OHA Credit Funding 2 Ltd., Series 2019-2A, Class ER, <br>3-month LIBOR + 6.360%, 10.638%, 4/21/2034, 144A(c) | 646731 |
|  | 985000 | OHA Credit Funding 3 Ltd., Series 2019-3A, Class ER, <br>3-month LIBOR + 6.250%, 10.493%, 7/02/2035, 144A(c) | 891323 |
|  | 470000 | Palmer Square CLO Ltd., Series 2021-3A, Class E, <br>3-month LIBOR + 6.150%, 10.229%, 1/15/2035, 144A(c) | 423230 |
|  | 730000 | Palmer Square CLO Ltd., Series 2021-4A, Class E, <br>3-month LIBOR + 6.050%, 10.129%, 10/15/2034, 144A(c) | 657385 |
|  | 285000 | PPM CLO Ltd., Series 2021-5A, Class E, <br>3-month LIBOR + 6.500%, 10.694%, 10/18/2034, 144A(c) | 238706 |
|  | 445000 | Whetstone Park CLO Ltd., Series 2021-1A, Class E, <br>3-month LIBOR + 6.150%, 10.393%, 1/20/2035, 144A(c) | 380667 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| **Collateralized Loan Obligations – continued** | **Collateralized Loan Obligations – continued** |  |
|  | Total Collateralized Loan Obligations <br>(Identified Cost $6,347,577) | 5599022 |
| **Shares** |  |  |
| **Common Stocks – 2.4%** | **Common Stocks – 2.4%** |  |
|  | **Aerospace & Defense – 0.1%** | **Aerospace & Defense – 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524 | Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254921 |
|  | **Air Freight & Logistics – 0.1%** | **Air Freight & Logistics – 0.1%** |
| 1210 | United Parcel Service, Inc., Class B | 210346 |
|  | **Beverages – 0.1%** | **Beverages – 0.1%** |
| 3545 | Coca-Cola Co. (The) | 225497 |
|  | **Biotechnology – 0.1%** | **Biotechnology – 0.1%** |
| 2059 | AbbVie, Inc. | 332755 |
|  | **Capital Markets – 0.1%** | **Capital Markets – 0.1%** |
| 159 | BlackRock, Inc. | 112672 |
| 1687 | Morgan Stanley | 143429 |
|  |  | 256101 |
|  | **Communications Equipment – 0.0%** | **Communications Equipment – 0.0%** |
| 2076 | Cisco Systems, Inc. | 98901 |
|  | **Containers & Packaging – 0.0%** | **Containers & Packaging – 0.0%** |
| 703 | Packaging Corp. of America | 89921 |
|  | **Electric Utilities – 0.1%** | **Electric Utilities – 0.1%** |
| 1372 | Duke Energy Corp. | 141302 |
| 2435 | NextEra Energy, Inc. | 203566 |
|  |  | 344868 |
|  | **Electrical Equipment – 0.0%** | **Electrical Equipment – 0.0%** |
| 1065 | Emerson Electric Co. | 102304 |
|  | **Food & Staples Retailing – 0.1%** | **Food & Staples Retailing – 0.1%** |
| 193 | Costco Wholesale Corp. | 88104 |
| 1302 | Walmart, Inc. | 184611 |
|  |  | 272715 |
|  | **Health Care Equipment & Supplies – 0.1%** | **Health Care Equipment & Supplies – 0.1%** |
| 1592 | Abbott Laboratories | 174786 |
|  | **Health Care Providers & Services – 0.1%** | **Health Care Providers & Services – 0.1%** |
| 358 | Elevance Health, Inc. | 183643 |
| 340 | UnitedHealth Group, Inc. | 180261 |
|  |  | 363904 |
|  | **Hotels, Restaurants & Leisure – 0.1%** | **Hotels, Restaurants & Leisure – 0.1%** |
| 2331 | Starbucks Corp. | 231235 |

---

------

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value (†)** |
| **Common Stocks – continued** | **Common Stocks – continued** |  |
|  | **Household Products – 0.1%** | **Household Products – 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1978 | Procter & Gamble Co. (The) | $299786 |
|  | **IT Services – 0.0%** | **IT Services – 0.0%** |
| 494 | Accenture PLC, Class A | 131819 |
|  | **Life Sciences Tools & Services – 0.0%** | **Life Sciences Tools & Services – 0.0%** |
| 248 | Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136571 |
|  | **Machinery – 0.1%** | **Machinery – 0.1%** |
| 405 | Cummins, Inc. | 98128 |
| 458 | Deere & Co. | 196372 |
|  |  | 294500 |
|  | **Media – 0.3%** | **Media – 0.3%** |
| 107981 | Altice USA, Inc., Class A(h) | 496712 |
| 6043 | Comcast Corp., Class A | 211324 |
| 27529 | iHeartMedia, Inc., Class A(h) | 168753 |
|  |  | 876789 |
|  | **Metals & Mining – 0.0%** | **Metals & Mining – 0.0%** |
| 2747 | Newmont Corp. | 129658 |
|  | **Oil, Gas & Consumable Fuels – 0.2%** | **Oil, Gas & Consumable Fuels – 0.2%** |
| 50400 | Battalion Oil Corp.(h) | 489384 |
| 527 | Devon Energy Corp. | 32416 |
| 778 | Pioneer Natural Resources Co. | 177687 |
| 4310 | Williams Cos., Inc. (The) | 141799 |
|  |  | 841286 |
|  | **Pharmaceuticals – 0.2%** | **Pharmaceuticals – 0.2%** |
| 1780 | Bristol-Myers Squibb Co. | 128071 |
| 1659 | Johnson & Johnson | 293063 |
| 1633 | Merck & Co., Inc. | 181181 |
|  |  | 602315 |
|  | **Professional Services – 0.0%** | **Professional Services – 0.0%** |
| 357 | Clarivate PLC(h) | 2977 |
|  | **REITs - Diversified – 0.1%** | **REITs - Diversified – 0.1%** |
| 774 | American Tower Corp. | 163980 |
|  | **Road & Rail – 0.0%** | **Road & Rail – 0.0%** |
| 693 | Union Pacific Corp. | 143499 |
|  | **Semiconductors & Semiconductor Equipment – 0.2%** | **Semiconductors & Semiconductor Equipment – 0.2%** |
| 411 | Broadcom, Inc. | 229803 |
| 2577 | Microchip Technology, Inc. | 181034 |
| 1850 | QUALCOMM, Inc. | 203389 |
|  |  | 614226 |
|  | **Software – 0.1%** | **Software – 0.1%** |
| 321 | IQOR U.S., Inc.(h) | 2247 |

---

------

---

| | | |
|:---|:---|:---|
| **Shares** | **Description** | **Value (†)** |
| **Common Stocks – continued** | **Common Stocks – continued** |  |
|  | **Software – continued** | **Software – continued** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;918 | Microsoft Corp. | 220155 |
|  |  | 222402 |
|  | **Specialty Retail – 0.0%** | **Specialty Retail – 0.0%** |
| 481 | Home Depot, Inc. (The) | 151929 |
|  | **Technology Hardware, Storage & Peripherals – 0.1%** | **Technology Hardware, Storage & Peripherals – 0.1%** |
| 1465 | Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190347 |
|  | Total Common Stocks <br>(Identified Cost $15,685,441) | 7760338 |
| **Preferred Stocks – 0.9%** | **Preferred Stocks – 0.9%** | **Preferred Stocks – 0.9%** |
| **Convertible Preferred Stocks – 0.7%** | **Convertible Preferred Stocks – 0.7%** | **Convertible Preferred Stocks – 0.7%** |
|  | **Midstream – 0.1%** | **Midstream – 0.1%** |
| 3556 | El Paso Energy Capital Trust I, <br>4.750% | 160159 |
|  | **Technology – 0.2%** | **Technology – 0.2%** |
| 17739 | Clarivate PLC, Series A, <br>5.250% | 671953 |
|  | **Wireless – 0.4%** | **Wireless – 0.4%** |
| 1390 | 2020 Cash Mandatory Exchangeable Trust, <br>5.250%, 144A | 1590188 |
|  | Total Convertible Preferred Stocks <br>(Identified Cost $2,982,904) | 2422300 |
| **Non-Convertible Preferred Stocks – 0.2%** | **Non-Convertible Preferred Stocks – 0.2%** | **Non-Convertible Preferred Stocks – 0.2%** |
|  | **Home Construction – 0.1%** | **Home Construction – 0.1%** |
| 21265 | Hovnanian Enterprises, Inc., <br>7.625% | 404035 |
|  | **REITs - Warehouse/Industrials – 0.1%** | **REITs - Warehouse/Industrials – 0.1%** |
| 3363 | Prologis, Inc., Series Q, <br>8.540% | 185470 |
|  | Total Non-Convertible Preferred Stocks <br>(Identified Cost $192,799) | 589505 |
|  | Total Preferred Stocks <br>(Identified Cost $3,175,703) | 3011805 |
| **Exchange-Traded Funds – 1.0%** | **Exchange-Traded Funds – 1.0%** | **Exchange-Traded Funds – 1.0%** |
| 41000 | iShares<sup>®</sup> iBoxx $ High Yield Corporate Bond ETF <br>(Identified Cost $3,599,734) | 3018830 |
| **Principal<br>Amount** |  |  |
| **Short-Term Investments – 4.4%** | **Short-Term Investments – 4.4%** |  |
| $10248835 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 12/30/2022 at 1.800% to be repurchased at $10,250,885 on 1/03/2023 collateralized by $11,908,600 U.S. Treasury Note, 1.250% due 3/31/2028 valued at $10,419,096; $36,200 U.S. Treasury Note, 3.250% due 6/30/2029 valued at $34,749 including accrued interest(l) | 10248835 |

---

------

---

| | | |
|:---|:---|:---|
| **Principal<br>Amount** | **Description** | **Value (†)** |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3840000 | U.S. Treasury Bills, <br>4.307%, 3/30/2023(m) | $3800664 |
|  | Total Short-Term Investments <br>(Identified Cost $14,049,326) | 14049499 |
|  | Total Investments – 99.7% <br>(Identified Cost $375,277,549) | 318251049 |
|  | Other assets less liabilities – 0.3% | 877559 |
|  | Net Assets – 100.0% | $319128608 |

---

---

| | |
|:---|:---|
| (†) | Registered investment companies are required to value portfolio investments using an unadjusted, readily available market quotation. The Fund obtains readily available market quotations from independent pricing services. Fund investments for which readily available market quotations are not available are priced at fair value pursuant to the Fund's Valuation Procedures. The Board of Trustees has approved a valuation designee who is subject to the Board's oversight.  |

---

Unadjusted readily available market quotations that are utilized for exchange traded equity securities (including shares of closed-end investment companies and exchange-traded funds) include the last sale price quoted on the exchange where the security is traded most extensively. Shares of open-end investment companies are valued at net asset value per share.

Exchange traded equity securities for which there is no reported sale during the day are fair valued at the closing bid quotation as reported by an independent pricing service. Unlisted equity securities (except unlisted preferred equity securities) are fair valued at the last sale price quoted in the market where they are traded most extensively or, if there is no reported sale during the day, the closing bid quotation as reported by an independent pricing service. If there is no last sale price or closing bid quotation available, unlisted equity securities will be fair valued using evaluated bids furnished by an independent pricing service, if available.

Debt securities and unlisted preferred equity securities are fair valued based on evaluated bids furnished to the Fund by an independent pricing service or bid prices obtained from broker-dealers. Senior loans and collateralized loan obligations are fair valued at bid prices supplied by an independent pricing service, if available. Broker-dealer bid prices may be used to fair value debt, unlisted equities, senior loans and collateralized loan obligations where an independent pricing service is unable to price an investment or where an independent pricing service does not provide a reliable price for the investment. Centrally cleared swap agreements are fair valued at settlement prices of the clearing house on which the contracts were traded or prices obtained from broker-dealers.

The Fund may also fair value investments in other circumstances such as when extraordinary events occur after the close of a foreign market, but prior to the close of the New York Stock Exchange. This may include situations relating to a single issuer (such as a declaration of bankruptcy or a delisting of the issuer's security from the primary market on which it has traded) as well as events affecting the securities markets in general (such as market disruptions or closings and significant fluctuations in U.S. and/or foreign markets). When fair valuing a Fund's investments, the valuation designee may, among other things, use modeling tools or other processes that may take into account factors such as issuer specific information, or other related market activity and/or information that occurred after the close of the foreign market but before the time the Fund's net asset value ("NAV") is calculated. Fair valuation by the Fund's valuation designee may require subjective determinations about the value of the investment, and fair values used to determine a Fund's NAV may differ from quoted or published prices, or from prices that are used by others, for the same investments. In addition, the use of fair value pricing may not always result in adjustments to the prices of investments held by a Fund.

The books and records of the Fund are maintained in U.S. dollars. The values of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars based upon foreign exchange rates prevailing at the end of the period.

(a) Perpetual bond with no specified maturity date.

(b) Payment-in-kind security for
which the issuer, at each interest payment date, makes interest payments in additional principal.

(c) Variable rate security. Rate as of December 31, 2022 is disclosed.

(d) Payment-in-kind security for
which the issuer, at each interest payment date, may make interest payments in cash and/or additional principal. No payments were made during the period.

(e) The issuer is in default with respect to interest and/or principal payments. Income is not being accrued.

------

(f) Securities subject to restriction on resale. At December 31, 2022, the restricted securities held by the
Fund are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Acquisition Date** | **Acquisition Cost** | **Value** | **% of Net Assets** |
|  CFLD Cayman Investment Ltd. | 11/11/2021 | $66000 | $22000 | Less than 0.1% |
|  CFLD Cayman Investment Ltd. | 9/28/2021 | 86000 | 23318 | Less than 0.1% |
|  CFLD Cayman Investment Ltd. | 9/29/2021 | 148300 | 47558 | Less than 0.1% |
|  CFLD Cayman Investment Ltd. | 9/29/2022 | 17630 | 22661 | Less than 0.1% |

---

(g) Variable rate security. The interest rate adjusts periodically based on; (i) changes in current interest
rates and/or prepayments on underlying pools of assets, if applicable, (ii) reference to a base lending rate plus or minus a margin, and/or (iii) reference to a base lending rate adjusted by a multiplier and/or subject to certain floors or
caps. Rate as of December 31, 2022 is disclosed.

(h) Non-income producing security.

(i) Level 3 security. Value has been determined using significant unobservable inputs.

(j) Interest rate represents annualized yield at time of purchase; not a coupon rate. The Fund's investment in
this security is comprised of various lots with differing annualized yields.

(k) Stated interest rate has been determined in accordance with the provisions of the loan agreement and is subject
to a minimum benchmark floor rate of 1.00%, to which the spread is added.

(l) The Fund may enter into repurchase agreements, under the terms of a Master Repurchase Agreement, under which
the Fund acquires securities as collateral and agrees to resell the securities at an agreed upon time and at an agreed upon price. It is the Fund's policy that the market value of the collateral for repurchase agreements be at least equal to
102% of the repurchase price, including interest. Certain repurchase agreements are tri-party arrangements whereby the collateral is held in a segregated account for the benefit of the Fund and on behalf of
the counterparty. Repurchase agreements could involve certain risks in the event of default or insolvency of the counterparty, including possible delays or restrictions upon the Fund's ability to dispose of the underlying securities. As of
December 31, 2022, the Fund had an investment in a repurchase agreement for which the value of the related collateral exceeded the value of the repurchase agreement.

(m) Interest rate represents discount rate at time of purchase; not a coupon rate.

---

| | |
|:---|:---|
| 144A | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2022, the value of Rule 144A holdings amounted to $166,934,116 or 52.3% of net assets. |
| ABS | Asset-Backed Securities |
| ETF | Exchange-Traded Fund |
| LIBOR | London Interbank Offered Rate |
| PIK | Payment-in-Kind |
| REITs | Real Estate Investment Trusts |

---

------

**Swap Agreements** 

The Fund may enter into credit default and interest rate swaps. A credit default swap is an agreement between two parties (the "protection buyer" and "protection seller") to exchange the credit risk of an issuer ("reference obligation") for a specified time period. The reference obligation may be one or more debt securities or an index of such securities. The Fund may be either the protection buyer or the protection seller. As a protection buyer, the Fund has the ability to hedge the downside risk of an issuer or group of issuers. As a protection seller, the Fund has the ability to gain exposure to an issuer or group of issuers whose bonds are unavailable or in short supply in the cash bond market, as well as realize additional income in the form of fees paid by the protection buyer. The protection buyer is obligated to pay the protection seller a stream of payments ("fees") over the term of the contract, provided that no credit event, such as a default or a downgrade in credit rating, occurs on the reference obligation. The Fund may also pay or receive upfront premiums. If a credit event occurs, the protection seller must pay the protection buyer the difference between the agreed upon notional value and market value of the reference obligation. Market value in this case is determined by a facilitated auction whereby a minimum number of allowable broker bids, together with a specified valuation method, are used to calculate the value. The maximum potential amount of undiscounted future payments that a Fund as the protection seller could be required to make under a credit default swap agreement would be an amount equal to the notional amount of the agreement.

Implied credit spreads, represented in absolute terms, are disclosed in the Portfolio of Investments for those agreements for which the Fund is the protection seller. Implied credit spreads serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

An interest rate swap is an agreement with another party to receive or pay interest (e.g., an exchange of fixed rate payments for floating rate payments) to protect themselves from interest rate fluctuations. This type of swap is an agreement that obligates two parties to exchange a series of cash flows at specified intervals based upon or calculated by reference to a specified interest rate(s) for a specified notional amount. The payment flows are usually netted against each other, with the difference being paid by one party to the other.

Swap agreements are valued daily and fluctuations in the value are recorded as change in unrealized appreciation (depreciation) on swap agreements. Fees are accrued in accordance with the terms of the agreement and are recorded as part of unrealized appreciation (depreciation) on swap agreements. When received or paid, fees are recorded as realized gain or loss. Upfront premiums paid or received by the Fund are recorded as an asset or liability, respectively, and are amortized or accreted over the term of the agreement and recorded as realized gain or loss. Payments made or received by the Fund as a result of a credit event or termination of the agreement are recorded as realized gain or loss.

Swap agreements are privately negotiated in the over-the-counter ("OTC") market and may be entered into as a bilateral contract or centrally cleared ("centrally cleared swaps"). Bilateral swap agreements are traded between counterparties and, as such, are subject to the risk that a party to the agreement will not be able to meet its obligations. In a centrally cleared swap, immediately following execution of the swap agreement, the swap agreement is novated to a central counterparty (the "CCP") and the Fund faces the CCP through a broker. Upon entering into a centrally cleared swap, the Fund is required to deposit initial margin with the broker in the form of cash or securities in an amount that varies depending on the size and risk profile of the particular swap. Subsequent payments, known as "variation margin," are made or received by the Fund based on the daily change in the value of the centrally cleared swap agreement. For centrally cleared swaps, the Fund's counterparty credit risk is reduced as the CCP stands between the Fund and the counterparty. The Fund covers its net obligations under outstanding swap agreements by segregating or earmarking cash or securities.

At December 31, 2022, the Fund had the following open centrally cleared credit default swap agreements:

**<u>Sell Protection</u>**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Reference<br>Obligation** | **(Pay)/<br>Receive<br>Fixed Rate** | **Expiration<br>Date** | **Implied<br>Credit<br>Spread^** | **Notional<br>Value(‡)** | **Unamortized<br>Up Front<br>Premium<br>Paid/<br>(Received)** | **Market<br>Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  CDX.NA HY\* Series 37 500, 5-Year | 5.00% | 12/20/2026 | 4.12% | 3118500 | $(28653) | $95996 | $124649 |

---

(‡) Notional value stated in U.S. dollars unless otherwise noted.

---

| | |
|:---|:---|
| ^ | Implied credit spreads, represented in absolute terms, serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular reference entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the reference entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.  |

---

\* CDX.NA.HY is an index composed of North American high yield credit default swaps.

------

**Fair Value Measurements** 

In accordance with accounting standards related to fair value measurements and disclosures, the Fund has categorized the inputs utilized in determining the value of the Fund's assets or liabilities. These inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 — quoted prices in active markets for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 — prices determined using other significant inputs that are observable either directly, or
indirectly through corroboration with observable market data (which could include quoted prices for similar assets or liabilities, interest rates, credit risk, etc.); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 — prices determined using significant unobservable inputs when quoted prices or observable
inputs are unavailable such as when there is little or no market activity for an asset or liability (unobservable inputs reflect the Fund's own assumptions in determining the fair value of assets or liabilities and would be based on the best
information available).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The Fund's pricing policies have been approved by the Board of Trustees. Investments for which market quotations are readily available are categorized in Level 1. Other investments for which an independent pricing service is utilized are categorized in Level 2. Broker-dealer bid prices for which the Fund has knowledge of the inputs used by the broker-dealer are categorized in Level 2. All other investments, including broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer, as well as investments fair valued by the valuation designee, are categorized in Level 3. All Level 2 and 3 securities are defined as being fair valued.

Under certain conditions and based upon specific facts and circumstances, the Fund's valuation designee may determine that a fair valuation should be made for portfolio investment(s). These valuation designee fair valuations will be based upon a significant amount of Level 3 inputs.

------

The following is a summary of the inputs used to value the Fund's investments as of December 31, 2022, at value:

**Asset Valuation Inputs** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Level 1 | Level 2 | Level 3 | Total |
|  Bonds and Notes |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-Convertible Bonds |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property & Casualty Insurance | $— | $1964613 | $192000 | $2156613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All Other Non-Convertible Bonds\* |  | 266916137 |  | 266916137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-Convertible Bonds |  | 268880750 | 192000 | 269072750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Convertible Bonds\* |  | 14424467 |  | 14424467 |
|  Total Bonds and Notes |  | 283305217 | 192000 | 283497217 |
|  Senior Loans\* |  | 1314338 |  | 1314338 |
|  Collateralized Loan Obligations |  | 5599022 |  | 5599022 |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Software | 220155 | 2247 |  | 222402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All Other Common Stocks\* | 7537936 |  |  | 7537936 |
|  Total Common Stocks | 7758091 | 2247 |  | 7760338 |
|  Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Convertible Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wireless |  | 1590188 |  | 1590188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All Other Convertible Preferred Stocks\* | 832112 |  |  | 832112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Convertible Preferred Stocks | 832112 | 1590188 |  | 2422300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-Convertible Preferred Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Home Construction | 404035 |  |  | 404035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; REITs - Warehouse/Industrials |  | 185470 |  | 185470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-Convertible Preferred Stocks | 404035 | 185470 |  | 589505 |
|  Total Preferred Stocks | 1236147 | 1775658 |  | 3011805 |
|  Exchange-Traded Funds | 3018830 |  |  | 3018830 |
|  Short-Term Investments |  | 14049499 |  | 14049499 |
|  Total Investments | 12013068 | 306045981 | 192000 | 318251049 |
|  Centrally Cleared Credit Default Swap Agreements (unrealized appreciation) |  | 124649 |  | 124649 |
|  Total | $12013068 | $306170630 | $192000 | $318375698 |

---

\* Details of the major categories of the Fund's investments are reflected within the Portfolio of Investments.

------

The Fund's pricing policies and procedures are recommended by the adviser and approved by the Board of Trustees. Debt securities are valued based on evaluated bids furnished to the Fund by an independent pricing service. Broker-dealer bid prices may be used if an independent pricing service either is unable to price a security or does not provide a reliable price for a security. The Fund's adviser may use internally developed models to validate broker-dealer bid prices that are only available from a single broker or market maker. Such securities are considered and classified as fair valued. Broker-dealer bid prices for which the Fund does not have knowledge of the inputs used by the broker-dealer are categorized in Level 3. Securities for which market quotations are not readily available are valued at fair value as determined in good faith by the Fund's adviser pursuant to procedures approved by the Board of Trustees. Fair valued securities may be categorized in Level 3.

------

The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value as of September 30, 2022 and/or December 31, 2022:

**Asset Valuation Inputs** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Investments in Securities | Balance as of<br>September 30,<br>2022 | Accrued<br>Discounts<br>(Premiums) | Realized<br>Gain<br>(Loss) | Change in<br>Unrealized<br>Appreciation<br>(Depreciation) | Purchases | Sales | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Balance as of<br>December 31, 2022 | Change in Unrealized<br>Appreciation<br>(Depreciation) from<br>Investments Still Held at<br>December 31, 2022 |
|  Bonds and Notes |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Non-Convertible Bonds |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Independent Energy | $30800 | $— | $— | $— | $— | $— | $— | $(30800) | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property & Casualty Insurance | 235200 | 3312 |  | (46512) |  |  |  |  | 192000 | (46512) |
|  Total | $266000 | $3312 | $— | $(46512) | $— | $— | $— | $(30800) | $192000 | $(46512) |

---

A debt security valued at $30,800 was transferred from Level 3 to Level 2 during the period ended December 31, 2022. At September 30, 2022, this security was valued at fair value as determined in good faith by the Fund's adviser as an independent pricing service was unable to price the security. At December 31, 2022, this security was fair valued based on evaluated bids furnished to the Fund by an independent pricing service in accordance with the Fund's valuation policies.

------

**Derivatives** 

Derivative instruments are defined as financial instruments whose value and performance are based on the value and performance of an underlying asset, reference rate or index. Derivative instruments that the Fund used at period end include swap agreements.

The Fund is subject to the risk that companies in which the Fund invests will fail financially or otherwise be unwilling or unable to meet their obligations to the Fund. The Fund may use credit default swaps, as a protection buyer, to hedge its credit exposure to issuers of bonds it holds without having to sell the bonds. The Fund may also use credit default swaps, as a protection seller, to gain investment exposure. As of December 31, 2022, the Fund engaged in credit default swap agreements (as a protection seller) to gain investment exposure.

The following is a summary of derivative instruments for the Fund, as of December 31, 2022:

---

| | |
|:---|:---|
| Assets | Swap<br>agreements<br>at value |
|  Exchange-traded/cleared asset derivatives Credit contracts | $95996 |

---

The Fund's derivatives do not qualify for hedge accounting under authoritative guidance for derivative instruments. The Fund's investments in derivatives may represent an economic hedge; however, they are considered to be non-hedge transactions for the purpose of this disclosure.

Counterparty risk is managed based on policies and procedures established by the Fund's adviser. Such policies and procedures may include, but are not limited to, minimum counterparty credit rating requirements, monitoring of counterparty credit default swap spreads and posting of collateral. With exchange-traded derivatives, there is minimal counterparty credit risk to the Fund because the exchange's clearing house, as counterparty to these instruments, stands between the buyer and the seller of the contract. Credit risk still exists in exchange-traded derivatives with respect to initial and variation margin that is held in a broker's customer accounts. While brokers typically are required to segregate customer margin for exchange-traded derivatives from their own assets, in the event that a broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the broker for all its customers, U.S. bankruptcy laws will typically allocate that shortfall on a pro rata basis across all of the broker's customers, potentially resulting in losses to the Fund. The following table shows the maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the Fund would incur if parties (including brokers holding margin for exchange-traded derivatives) to the relevant financial instruments failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the Fund, as of December 31, 2022:

---

| | |
|:---|:---|
| Maximum Amount<br> of Loss - Gross | Maximum Amount<br> of Loss - Net |
| $350000 | $350000 |

---

------

Industry Summary at December 31, 2022 (Unaudited)

---

| | |
|:---|:---|
|  Cable Satellite | 7.9% |
|  Independent Energy | 6.9 |
|  Technology | 6.2 |
|  Treasuries | 5 |
|  Pharmaceuticals | 4.2 |
|  Midstream | 4.2 |
|  Banking | 4 |
|  Wireless | 3.7 |
|  Finance Companies | 3.7 |
|  Metals & Mining | 3.6 |
|  Consumer Cyclical Services | 3.2 |
|  Gaming | 3.2 |
|  Automotive | 3.1 |
|  Leisure | 2.9 |
|  Healthcare | 2.2 |
|  Building Materials | 2.1 |
|  Financial Other | 2.1 |
|  Other Investments, less than 2% each | 24.3 |
|  Short-Term Investments | 4.4 |
|  Collateralized Loan Obligations | 1.8 |
|  Exchange-Traded Funds | 1 |
|  Total Investments | 99.7 |
|  Other assets less liabilities (including swap agreements) | 0.3 |
|  Net Assets | 100.0% |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LOOMIS SAYLES FUNDS I

- **b. Investment Company Act file number:** 811-08282

- **c. CIK number of Registrant:** 0000917469

- **d. LEI of Registrant:** 549300826G7KS737WZ11

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

  - **Street Address 1:** 888 BOYLSTON STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199-8197

  - **Telephone number:** 617-449-2139

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

- **a. Name of Series:** Loomis Sayles Institutional High Income Fund

- **b. EDGAR series identifier (if any):** S000006644

- **c. LEI of Series:** 2VADWF791WNZH77Z3N89

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $319663836.96

**Total Liabilities:** $541404.64

**Net Assets:** $319122432.32

**Cash Not Reported:** $252010.64

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -49.21000000 | **1-Year:** -2563.54000000 | **5-Year:** -5489.75000000 | **10-Year:** -3008.34000000 | **30-Year:** -517.87000000

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

- **3-Month:** -445.45000000 | **1-Year:** -17987.12000000 | **5-Year:** -59576.03000000 | **10-Year:** -24504.98000000 | **30-Year:** -3301.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018131 | 2.07%                | 2.58%                | -0.55%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1060502.87             | $6171319.38                                |
| Month 2  | $-1196296.72             | $7419932.68                                |
| Month 3  | $-1497111.76             | $-1982205.48                               |

**Designated Index Information**

- **Index Name:** 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| IHS HOLDING LTD                             | IHS Holding Ltd                                                                                                          | CUSIP: 44963HAA3<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    445000 | PA      | $367347.50    | 0.12%             | 2026-11-29      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                     | INEOS Quattro Finance 2 Plc                                                                                              | CUSIP: 45674GAA2<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    240000 | PA      | $220500.00    | 0.07%             | 2026-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                       | Palmer Square CLO 2021-3 Ltd                                                                                             | CUSIP: 69688JAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    470000 | PA      | $423230.30    | 0.13%             | 2035-01-15      | Floating      | 10.23%                | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC                    | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc                                         | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1130000 | PA      | $971800.00    | 0.30%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                          | Baytex Energy Corp                                                                                                       | CUSIP: 07317QAH8<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $406988.00    | 0.13%             | 2027-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Hercules LLC                                | Hercules LLC                                                                                                             | CUSIP: 427056AU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4738000 | PA      | $4502805.68   | 1.41%             | 2029-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                    | Western Midstream Operating LP                                                                                           | CUSIP: 958254AK0<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    450000 | PA      | $410980.50    | 0.13%             | 2028-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VIKING OCEAN CRUISES SHI                    | Viking Ocean Cruises Ship VII Ltd                                                                                        | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1015000 | PA      | $817075.00    | 0.26%             | 2029-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LFS TOPCO LLC                               | LFS Topco LLC                                                                                                            | CUSIP: 50203TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    355000 | PA      | $286041.88    | 0.09%             | 2026-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                        | Neptune Bidco US Inc                                                                                                     | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |    600000 | PA      | $565500.00    | 0.18%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                      | Chesapeake Energy Corp                                                                                                   | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    395000 | PA      | $384572.00    | 0.12%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EVERI HOLDINGS INC                          | Everi Holdings Inc                                                                                                       | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |    190000 | PA      | $163203.64    | 0.05%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cisco Systems Inc                           | Cisco Systems Inc                                                                                                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      2076 | NS      | $98900.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC                         | Global Payments Inc                                                                                                      | CUSIP: 37940XAP7<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    855000 | PA      | $829352.26    | 0.26%             | 2027-08-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Safeway Inc                                 | Safeway Inc                                                                                                              | CUSIP: 786514BA6<br>LEI: 549300NKZ6VCN5P3K723 | Long             | DBT              | CORP              | US        |    155000 | PA      | $153812.70    | 0.05%             | 2031-02-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                     | Asbury Automotive Group Inc                                                                                              | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    350000 | PA      | $308140.00    | 0.10%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NMG HLDCO/NEIMAN MARCUS                     | NMG Holding Co Inc / Neiman Marcus Group LLC                                                                             | CUSIP: 62929RAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $440515.73    | 0.14%             | 2026-04-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                    | Allison Transmission Inc                                                                                                 | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    870000 | PA      | $806784.90    | 0.25%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                         | Allegiant Travel Co                                                                                                      | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |    475000 | PA      | $451801.84    | 0.14%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BlackRock Inc                               | BlackRock Inc                                                                                                            | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |       159 | NS      | $112672.17    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHENIERE ENERGY PARTNERS                    | Cheniere Energy Partners LP                                                                                              | CUSIP: 16411QAK7<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |    570000 | PA      | $485275.20    | 0.15%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                    | Service Properties Trust                                                                                                 | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    215000 | PA      | $169334.00    | 0.05%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| TAP ROCK RESOURCES LLC                      | Tap Rock Resources LLC                                                                                                   | CUSIP: 87602LAA0<br>LEI: 549300Y3SDS1HPFQ6H17 | Long             | DBT              | CORP              | US        |    365000 | PA      | $339486.50    | 0.11%             | 2026-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| United Parcel Service Inc                   | United Parcel Service Inc                                                                                                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      1210 | NS      | $210346.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                               | Accenture PLC                                                                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |       494 | NS      | $131818.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD INDUSTRIES INC                     | Standard Industries Inc/NJ                                                                                               | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    315000 | PA      | $256701.24    | 0.08%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                        | EnLink Midstream LLC                                                                                                     | CUSIP: 29336TAD2<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |    525000 | PA      | $519592.50    | 0.16%             | 2030-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Embarq Corp                                 | Embarq Corp                                                                                                              | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $51150.00     | 0.02%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                          | Ally Financial Inc                                                                                                       | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    835000 | PA      | $808904.44    | 0.25%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc                       | SS&C Technologies Inc                                                                                                    | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |    345000 | PA      | $323056.65    | 0.10%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                    | PetSmart Inc / PetSmart Finance Corp                                                                                     | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    570000 | PA      | $535339.73    | 0.17%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM                    | Volcan Cia Minera SAA                                                                                                    | CUSIP: 92863UAB2<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |    170000 | PA      | $146462.81    | 0.05%             | 2026-02-11      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Whetstone Park CLO Ltd                      | Whetstone Park CLO Ltd                                                                                                   | CUSIP: 96330AAA4<br>LEI: 549300M54M5QSBMB3780 | Long             | ABS-CBDO         | CORP              | KY        |    445000 | PA      | $380666.80    | 0.12%             | 2035-01-20      | Floating      | 10.39%                | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                             | IHS Holding Ltd                                                                                                          | CUSIP: 44963HAB1<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    415000 | PA      | $334722.40    | 0.10%             | 2028-11-29      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE ENERGY CORP                      | Chesapeake Energy Corp                                                                                                   | CUSIP: 165167DF1<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   1335000 | PA      | $1288241.64   | 0.40%             | 2026-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                    | Vistra Operations Co LLC                                                                                                 | CUSIP: 92840VAL6<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    650000 | PA      | $636207.00    | 0.20%             | 2025-05-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                    | NCR Corp                                                                                                                 | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     65000 | PA      | $55414.73     | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| China Evergrande Group                      | China Evergrande Group                                                                                                   | CUSIP: 000000000<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |    405000 | PA      | $29245.05     | 0.01%             | 2025-06-28      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| RINGCENTRAL INC                             | RingCentral Inc                                                                                                          | CUSIP: 76680RAH0<br>LEI: 549300C8EH0H1614VE84 | Long             | DBT              | CORP              | US        |    370000 | PA      | $290450.00    | 0.09%             | 2026-03-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                  | Sprint LLC                                                                                                               | CUSIP: 85207UAH8<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   3585000 | PA      | $3655050.90   | 1.15%             | 2024-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                                                                   | CUSIP: 225401AZ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    500000 | PA      | $439240.00    | 0.14%             | 2033-08-12      | Fixed         | 6.54%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                     | Royal Caribbean Cruises Ltd                                                                                              | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   2755000 | PA      | $2198613.98   | 0.69%             | 2028-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                    | Scientific Games International Inc                                                                                       | CUSIP: 000000000<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    480000 | PA      | $460800.00    | 0.14%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Union Pacific Corp                          | Union Pacific Corp                                                                                                       | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |       693 | NS      | $143499.51    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                      | CCO Holdings LLC / CCO Holdings Capital Corp                                                                             | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    415000 | PA      | $306288.68    | 0.10%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                           | Post Holdings Inc                                                                                                        | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    950000 | PA      | $798627.52    | 0.25%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Johnson & Johnson                           | Johnson & Johnson                                                                                                        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1659 | NS      | $293062.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DELUXE CORP                                 | Deluxe Corp                                                                                                              | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    395000 | PA      | $324887.50    | 0.10%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                      | CCO Holdings LLC / CCO Holdings Capital Corp                                                                             | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $932070.00    | 0.29%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Precision Drilling Corp                     | Precision Drilling Corp                                                                                                  | CUSIP: 740212AL9<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $38700.00     | 0.01%             | 2026-01-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group Inc                      | UnitedHealth Group Inc                                                                                                   | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       340 | NS      | $180261.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UBER TECHNOLOGIES INC                       | Uber Technologies Inc                                                                                                    | CUSIP: 90353TAJ9<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    745000 | PA      | $629219.55    | 0.20%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RANGE RESOURCES CORP                        | Range Resources Corp                                                                                                     | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    645000 | PA      | $664637.03    | 0.21%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                      | CCO Holdings LLC / CCO Holdings Capital Corp                                                                             | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    935000 | PA      | $848970.65    | 0.27%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                       | Molina Healthcare Inc                                                                                                    | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    190000 | PA      | $157783.47    | 0.05%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ziggo Bond Co BV                            | Ziggo Bond Co BV                                                                                                         | CUSIP: 98954UAB9<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    895000 | PA      | $832725.90    | 0.26%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                      | Penn Entertainment Inc                                                                                                   | CUSIP: 707569AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $257950.00    | 0.08%             | 2026-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                         | Coinbase Global Inc                                                                                                      | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    185000 | PA      | $89098.20     | 0.03%             | 2031-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                | Calpine Corp                                                                                                             | CUSIP: 000000000<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   2520000 | PA      | $2248577.86   | 0.70%             | 2028-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PRESTIGE BRANDS INC                         | Prestige Brands Inc                                                                                                      | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    225000 | PA      | $185550.77    | 0.06%             | 2031-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                           | Iliad Holding SASU                                                                                                       | CUSIP: 449691AA2<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    630000 | PA      | $584295.92    | 0.18%             | 2026-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                    | Sunac China Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    265000 | PA      | $56797.45     | 0.02%             | 2024-08-03      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Kaisa Group Holdings Ltd                    | Kaisa Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $54444.00     | 0.02%             | 2024-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                    | Kaisa Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $27078.00     | 0.01%             | 2025-07-23      | Fixed         | 9.95%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                    | Occidental Petroleum Corp                                                                                                | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51669.00     | 0.02%             | 2030-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                             | AdaptHealth LLC                                                                                                          | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $255387.00    | 0.08%             | 2030-03-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                          | NextEra Energy Inc                                                                                                       | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2435 | NS      | $203566.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKETMTGE C0-ISSUER INC                    | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                                      | CUSIP: 77313LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2055000 | PA      | $1534797.30   | 0.48%             | 2033-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fixed Income Clearing Corp                  | FIXED INC CLEARING CORP.REPO                                                                                             | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  10248835 | PA      | $10248835.49  | 3.21%             |  |  |  | No            |                  2 | On Loan: No      |
| UNIFRAX ESCROW ISS CORP                     | ASP Unifrax Holdings Inc                                                                                                 | CUSIP: 90473LAA0<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |    455000 | PA      | $366123.35    | 0.11%             | 2028-09-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                         | SoftBank Group Corp                                                                                                      | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |   3620000 | PA      | $2972164.80   | 0.93%             | 2028-07-06      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                    | EQT Corp                                                                                                                 | CUSIP: 26884LAH2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    465000 | PA      | $466092.75    | 0.15%             | 2025-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| EQT Corp                                    | EQT Corp                                                                                                                 | CUSIP: 26884LAF6<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    805000 | PA      | $743148.02    | 0.23%             | 2027-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| iHeartMedia Inc                             | iHeartMedia Inc                                                                                                          | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27529 | NS      | $168752.77    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2014-GC22                                                                                   | CUSIP: 36253BAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    425000 | PA      | $375740.42    | 0.12%             | 2047-06-10      | Variable      | 4.69%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP/BIP-V CHIN                    | CQP Holdco LP / BIP-V Chinook Holdco LLC                                                                                 | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $301360.98    | 0.09%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AbbVie Inc                                  | AbbVie Inc                                                                                                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      2059 | NS      | $332754.99    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTEGRIS ESCROW CORP                        | Entegris Escrow Corp                                                                                                     | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1245000 | PA      | $1148139.00   | 0.36%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                     | Energean Israel Finance Ltd                                                                                              | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    655000 | PA      | $604499.50    | 0.19%             | 2026-03-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TELADOC HEALTH INC                          | Teladoc Health Inc                                                                                                       | CUSIP: 87918AAF2<br>LEI: 549300I2PVFBC9MFAC61 | Long             | DBT              | CORP              | US        |   2410000 | PA      | $1851349.47   | 0.58%             | 2027-06-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP                    | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp                                                       | CUSIP: 226373AR9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    530000 | PA      | $486280.64    | 0.15%             | 2029-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                               | TransDigm Inc                                                                                                            | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    355000 | PA      | $309648.75    | 0.10%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                    | NCR Corp                                                                                                                 | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    575000 | PA      | $480885.84    | 0.15%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                    | Northern Oil and Gas Inc                                                                                                 | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    980000 | PA      | $940990.12    | 0.29%             | 2028-03-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                        | Bank of America Corp                                                                                                     | CUSIP: 06051GHF9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1060991.21   | 0.33%             | 2024-03-05      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                       | Icahn Enterprises LP / Icahn Enterprises Finance Corp                                                                    | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3015000 | PA      | $2549634.75   | 0.80%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                       | Nabors Industries Inc                                                                                                    | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    365000 | PA      | $357641.60    | 0.11%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust            | WFRBS Commercial Mortgage Trust 2012-C7                                                                                  | CUSIP: 92936TAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    515000 | PA      | $195700.00    | 0.06%             | 2045-06-15      | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HOLDINGS LT                    | Shimao Group Holdings Ltd                                                                                                | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $35999.95     | 0.01%             | 2027-01-16      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| United States Treasury                      | United States Treasury Note/Bond                                                                                         | CUSIP: 91282CET4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  16765000 | PA      | $15802977.19  | 4.95%             | 2027-05-31      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Battalion Oil Corp                          | Battalion Oil Corp                                                                                                       | CUSIP: 07134L107<br>LEI: 3XHTN2NNIMMPORDAMJ28 | Long             | EC               | CORP              | US        |     50400 | NS      | $489384.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sands China Ltd                             | Sands China Ltd                                                                                                          | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    745000 | PA      | $697545.74    | 0.22%             | 2028-08-08      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                     | Energean Israel Finance Ltd                                                                                              | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    345000 | PA      | $308775.00    | 0.10%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Thermo Fisher Scientific Inc                | Thermo Fisher Scientific Inc                                                                                             | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       248 | NS      | $136571.12    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                       | Costco Wholesale Corp                                                                                                    | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       193 | NS      | $88104.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE BANK NY                            | Deutsche Bank AG/New York NY                                                                                             | CUSIP: 25160PAG2<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1445000 | PA      | $1026203.76   | 0.32%             | 2033-01-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                    | Permian Resources Operating LLC                                                                                          | CUSIP: 15138AAC4<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    355000 | PA      | $334494.51    | 0.10%             | 2027-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust       | Wells Fargo Commercial Mortgage Trust 2014-LC16                                                                          | CUSIP: 94988XAZ9<br>LEI: 549300PX4QZK7CUM8D08 | Long             | ABS-MBS          | CORP              | US        |    310000 | PA      | $266906.34    | 0.08%             | 2050-08-15      | Fixed         | 4.32%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                            | CSC Holdings LLC                                                                                                         | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    215000 | PA      | $180358.42    | 0.06%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                            | Deutsche Bank AG/New York NY                                                                                             | CUSIP: 251526BN8<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1345000 | PA      | $1124175.84   | 0.35%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                              | Sabre GLBL Inc                                                                                                           | CUSIP: 78573NAH5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    225000 | PA      | $231688.13    | 0.07%             | 2027-12-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| MICHAELS COS INC/THE                        | Michaels Cos Inc/The                                                                                                     | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    275000 | PA      | $183746.28    | 0.06%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                      | CCO Holdings LLC / CCO Holdings Capital Corp                                                                             | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $11940.00     | 0.00%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MBIA INSURANCE CO                           | MBIA Insurance Corp                                                                                                      | CUSIP: 55276GAA3<br>LEI: 5493004M1UUDNTDXS107 | Long             | DBT              | CORP              | US        |   1920000 | PA      | $192000.00    | 0.06%             | 2033-01-15      | Fixed         | 15.34%                | No            |                  3 | On Loan: No      |
| GEN DIGITAL INC                             | Gen Digital Inc                                                                                                          | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    775000 | PA      | $759500.00    | 0.24%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Williams Cos Inc/The                        | Williams Cos Inc/The                                                                                                     | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      4310 | NS      | $141799.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OPEN TEXT CORP                              | Open Text Corp                                                                                                           | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |   1220000 | PA      | $981109.36    | 0.31%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                             | MEG Energy Corp                                                                                                          | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |    320000 | PA      | $301768.00    | 0.09%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                         | JPMorgan Chase & Co                                                                                                      | CUSIP: 46647PBK1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1780000 | PA      | $1652367.33   | 0.52%             | 2026-04-22      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS                     | US Acute Care Solutions LLC                                                                                              | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $310598.25    | 0.10%             | 2026-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                         | NCL Corp Ltd                                                                                                             | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   2190000 | PA      | $1720179.30   | 0.54%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                     | Uniti Group LP / Uniti Group Finance Inc / CSL Capital LLC                                                               | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |    650000 | PA      | $520000.00    | 0.16%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Credit Suisse Mortgage Trust                | CSMC 2014-USA OA LLC                                                                                                     | CUSIP: 12649AAQ2<br>LEI: 549300818AKCJ4Q9TD76 | Long             | ABS-MBS          | CORP              | US        |    165000 | PA      | $95875.56     | 0.03%             | 2037-09-15      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                    | BroadStreet Partners Inc                                                                                                 | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |    385000 | PA      | $327666.32    | 0.10%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                      | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL                                                | CUSIP: 15239XAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    475000 | PA      | $442804.50    | 0.14%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                    | Advanced Drainage Systems Inc                                                                                            | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    600000 | PA      | $582996.00    | 0.18%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| iHeartCommunications Inc                    | iHeartCommunications Inc                                                                                                 | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   1095000 | PA      | $931218.11    | 0.29%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                                                                   | CUSIP: 225401AQ1<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $213522.93    | 0.07%             | 2026-06-05      | Fixed         | 2.19%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                    | Embraer Netherlands Finance BV                                                                                           | CUSIP: 29082HAB8<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |    115000 | PA      | $110112.50    | 0.03%             | 2027-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                               | DISH DBS Corp                                                                                                            | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    305000 | PA      | $243428.13    | 0.08%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                          | Seagate HDD Cayman                                                                                                       | CUSIP: 81180WAR2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    160000 | PA      | $149154.26    | 0.05%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx High Yield Corporate Bond ETF | iShares iBoxx High Yield Corporate Bond ETF                                                                              | CUSIP: 464288513<br>LEI: 549300WY6QQ9HGWLNX87 | Long             | EC               | RF                | US        |     41000 | NS      | $3018830.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| TEMPUR SEALY INTL INC                       | Tempur Sealy International Inc                                                                                           | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    415000 | PA      | $325785.38    | 0.10%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                | Comcast Corp                                                                                                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      6043 | NS      | $211323.71    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                    | EQM Midstream Partners LP                                                                                                | CUSIP: 26885BAN0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    210000 | PA      | $202339.20    | 0.06%             | 2030-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                             | Cemex SAB de CV                                                                                                          | CUSIP: 151290BZ5<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |   3205000 | PA      | $2705131.85   | 0.85%             | 2031-07-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2011-GC5                                                                                    | CUSIP: 36191YAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    205000 | PA      | $154263.03    | 0.05%             | 2044-08-10      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| Ascent Resources - Utica                    | Ascent Resources - Utica 2020 Fixed 2nd Lien Term Loan                                                                   | CUSIP: 000000000<br>LEI: 549300EGLQ2M2CL7JZ89 | Long             | LON              | CORP              | US        |   1247000 | PA      | $1314338.00   | 0.41%             | 2025-11-01      | Floating      | 12.94%                | No            |                  2 | On Loan: No      |
| BLOOMIN' BRANDS INC/OSI                     | Bloomin' Brands Inc / OSI Restaurant Partners LLC                                                                        | CUSIP: 094234AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $264946.50    | 0.08%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP/CO-ISSUER                     | Realogy Group LLC / Realogy Co-Issuer Corp                                                                               | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1030000 | PA      | $779081.70    | 0.24%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHINA AOYUAN GROUP LTD                      | China Aoyuan Group Ltd                                                                                                   | CUSIP: 000000000<br>LEI: 549300YSOKQO5QD6MP25 | Long             | DBT              | CORP              | KY        |    810000 | PA      | $66233.70     | 0.02%             | 2026-03-24      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR                    | Cia de Minas Buenaventura SAA                                                                                            | CUSIP: 204448AA2<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |    415000 | PA      | $355892.40    | 0.11%             | 2026-07-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                            | CSC Holdings LLC                                                                                                         | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1955000 | PA      | $1102600.45   | 0.35%             | 2030-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                      | General Motors Financial Co Inc                                                                                          | CUSIP: 37045XCM6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    895000 | PA      | $779124.35    | 0.24%             | 2028-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DUN & BRADSTREET CORP                       | Dun & Bradstreet Corp/The                                                                                                | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |    225000 | PA      | $192546.68    | 0.06%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                      | Sunoco LP / Sunoco Finance Corp                                                                                          | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $306145.00    | 0.10%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| China Evergrande Group                      | China Evergrande Group                                                                                                   | CUSIP: 000000000<br>LEI: 549300CUF7B1LAB15T90 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $14294.00     | 0.00%             | 2022-04-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                    | NCR Corp                                                                                                                 | CUSIP: 62886EAU2<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    561000 | PA      | $536834.77    | 0.17%             | 2027-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                       | Directv Financing LLC / Directv Financing Co-Obligor Inc                                                                 | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1547761.80   | 0.49%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                 | Netflix Inc                                                                                                              | CUSIP: 64110LAV8<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    935000 | PA      | $871980.08    | 0.27%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| YUZHOU GROUP                                | Yuzhou Group Holdings Co Ltd                                                                                             | CUSIP: 000000000<br>LEI: 213800MP59KHGJSPHE82 | Long             | DBT              | CORP              | KY        |    920000 | PA      | $84971.20     | 0.03%             | 2027-01-13      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Transocean Poseidon Ltd                     | Transocean Poseidon Ltd                                                                                                  | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1973125 | PA      | $1920087.40   | 0.60%             | 2027-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                      | Nationstar Mortgage Holdings Inc                                                                                         | CUSIP: 63861CAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15000 | PA      | $11662.50     | 0.00%             | 2031-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HLDGS LTD                      | Shimao Group Holdings Ltd                                                                                                | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    260000 | PA      | $48175.40     | 0.02%             | 2022-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Microchip Technology Inc                    | Microchip Technology Inc                                                                                                 | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      2577 | NS      | $181034.25    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Vehicle Financing LLC                 | Hertz Vehicle Financing III LLC                                                                                          | CUSIP: 42806MAY5<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    488000 | PA      | $465282.62    | 0.15%             | 2025-03-25      | Fixed         | 6.31%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                       | Uber Technologies Inc                                                                                                    | CUSIP: 90353TAK6<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    680000 | PA      | $592453.40    | 0.19%             | 2029-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EL PASO ENERGY CAP TRST                     | El Paso Energy Capital Trust I                                                                                           | CUSIP: 283678209<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      3556 | NS      | $160159.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                    | Warnermedia Holdings Inc                                                                                                 | CUSIP: 55903VAL7<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    235000 | PA      | $193762.20    | 0.06%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                      | Nationstar Mortgage Holdings Inc                                                                                         | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1120000 | PA      | $913260.70    | 0.29%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AGFC Capital Trust I                        | AGFC Capital Trust I                                                                                                     | CUSIP: 00846NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $538150.00    | 0.17%             | 2067-01-15      | Variable      | 5.83%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                 | Hertz Vehicle Financing III LLC                                                                                          | CUSIP: 42806MAM1<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |    802000 | PA      | $705483.31    | 0.22%             | 2026-06-25      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| IHS NETHERLANDS HOLDCO                      | IHS Netherlands Holdco BV                                                                                                | CUSIP: 44963LAC0<br>LEI: 5493006Z6YQYCCN2XI74 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $527556.00    | 0.17%             | 2027-09-18      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BANCO SANTANDER SA                          | Banco Santander SA                                                                                                       | CUSIP: 05964HAR6<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |    800000 | PA      | $791145.06    | 0.25%             | 2025-08-18      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley BAML Trust                   | Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11                                                              | CUSIP: 61762TAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1135000 | PA      | $837649.86    | 0.26%             | 2046-08-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                      | VICI Properties LP / VICI Note Co Inc                                                                                    | CUSIP: 92564RAF2<br>LEI: N/A                  | Long             | DBT              |  | US        |    220000 | PA      | $217857.20    | 0.07%             | 2024-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Elevance Health Inc                         | Elevance Health Inc                                                                                                      | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       358 | NS      | $183643.26    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| STUDIO CITY FINANCE LTD                     | Studio City Finance Ltd                                                                                                  | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    700000 | PA      | $517902.00    | 0.16%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REAL HERO MERGER SUB 2                      | Real Hero Merger Sub 2 Inc                                                                                               | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    270000 | PA      | $185085.00    | 0.06%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL                      | Telecom Italia Capital SA                                                                                                | CUSIP: 87927VAF5<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |   1550000 | PA      | $1268039.50   | 0.40%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                         | Travel + Leisure Co                                                                                                      | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   1160000 | PA      | $945202.95    | 0.30%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                         | LBM Acquisition LLC                                                                                                      | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    540000 | PA      | $343629.86    | 0.11%             | 2029-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                               | Coherent Corp                                                                                                            | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |    600000 | PA      | $517458.00    | 0.16%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.             | Long: S27070937 CDS USD R F  5.00000 3270709373_FEE CCPCDX / Short: S27070937 CDS USD P V 03MEVENT 3270709373_PRO CCPCDX | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   3118500 | OU      | $90798.25     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Procter & Gamble Co/The                     | Procter & Gamble Co/The                                                                                                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      1978 | NS      | $299785.68    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WEATHERFORD INTL LTD                        | Weatherford International Ltd                                                                                            | CUSIP: 947075AP2<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |     22000 | PA      | $22440.97     | 0.01%             | 2024-12-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| EQT CORP                                    | EQT Corp                                                                                                                 | CUSIP: 26884LAM1<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55142.10     | 0.02%             | 2026-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| GATES GLOBAL/GATES CORP                     | Gates Global LLC / Gates Corp                                                                                            | CUSIP: 36740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    840000 | PA      | $810600.00    | 0.25%             | 2026-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp                        | Lockheed Martin Corp                                                                                                     | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       524 | NS      | $254920.76    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley BAML Trust                   | MSBAM Commercial Mortgage Securities Trust 2012-CKSV                                                                     | CUSIP: 553514AL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    475000 | PA      | $342238.40    | 0.11%             | 2030-10-15      | Variable      | 4.28%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                     | Frontier Communications Holdings LLC                                                                                     | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $355862.33    | 0.11%             | 2030-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                               | TransDigm Inc                                                                                                            | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    710000 | PA      | $700194.90    | 0.22%             | 2026-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc                           | Newell Brands Inc                                                                                                        | CUSIP: 651229AW6<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    870000 | PA      | $818491.88    | 0.26%             | 2026-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CRP                    | California Resources Corp                                                                                                | CUSIP: 13057QAH0<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |    380000 | PA      | $365195.20    | 0.11%             | 2026-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                    | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                                      | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1365000 | PA      | $1170026.64   | 0.37%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                       | Tenet Healthcare Corp                                                                                                    | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    295000 | PA      | $264119.40    | 0.08%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                 | Hertz Vehicle Financing LLC                                                                                              | CUSIP: 42806MBG3<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    410000 | PA      | $377921.19    | 0.12%             | 2026-09-25      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP                           | Chord Energy Corp                                                                                                        | CUSIP: 674215AL2<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |    195000 | PA      | $189916.35    | 0.06%             | 2026-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                    | OHA Credit Funding 3 LTD                                                                                                 | CUSIP: 67112TAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    985000 | PA      | $891322.56    | 0.28%             | 2035-07-02      | Floating      | 10.49%                | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                            | Sensata Technologies Inc                                                                                                 | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    125000 | PA      | $108813.07    | 0.03%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Cummins Inc                                 | Cummins Inc                                                                                                              | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       405 | NS      | $98127.45     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS INC                                | US Foods Inc                                                                                                             | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    800000 | PA      | $710336.00    | 0.22%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ATI INC                                     | ATI Inc                                                                                                                  | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    370000 | PA      | $326980.10    | 0.10%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CHARTER COMM OPT LLC/CAP                    | Charter Communications Operating LLC / Charter Communications Operating Capital                                          | CUSIP: 161175AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $88209.09     | 0.03%             | 2025-07-23      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| NETFLIX INC                                 | Netflix Inc                                                                                                              | CUSIP: 64110LAX4<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     90000 | PA      | $92635.87     | 0.03%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                    | Diamond Sports Group LLC / Diamond Sports Finance Co                                                                     | CUSIP: 25277LAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    665000 | PA      | $78137.50     | 0.02%             | 2026-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                    | Builders FirstSource Inc                                                                                                 | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    515000 | PA      | $417524.82    | 0.13%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                              | Microsoft Corp                                                                                                           | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       918 | NS      | $220154.76    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| iHeartCommunications Inc                    | iHeartCommunications Inc                                                                                                 | CUSIP: 45174HBC0<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $966000.00    | 0.30%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SOLARIS MIDSTREAM HOLDIN                    | Solaris Midstream Holdings LLC                                                                                           | CUSIP: 83419MAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |    210000 | PA      | $208872.30    | 0.07%             | 2026-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                            | CSC Holdings LLC                                                                                                         | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   7540000 | PA      | $4166860.81   | 1.31%             | 2030-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                    | Hess Midstream Operations LP                                                                                             | CUSIP: 428102AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    980000 | PA      | $954603.30    | 0.30%             | 2026-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                            | Organon & Co / Organon Foreign Debt Co-Issuer BV                                                                         | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1025000 | PA      | $887527.26    | 0.28%             | 2031-04-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                         | American Tower Corp                                                                                                      | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |       774 | NS      | $163979.64    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                   | Packaging Corp of America                                                                                                | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       703 | NS      | $89920.73     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE PROPERTIES TRUST                    | Service Properties Trust                                                                                                 | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     60000 | PA      | $47217.00     | 0.01%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SANCHEZ ENERGY CORP                         | SANCHEZ ENERGY CORP                                                                                                      | CUSIP: 799ESCAJ7<br>LEI: 549300SB0HTIM17TVR61 | Long             | DBT              | CORP              | US        |   1540000 | PA      | $21175.00     | 0.01%             | 2023-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                      | Goodyear Tire & Rubber Co/The                                                                                            | CUSIP: 382550AD3<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $1074934.80   | 0.34%             | 2028-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ENDURANCE INTERNATIONAL                     | Endurance International Group Holdings Inc                                                                               | CUSIP: 29279XAA8<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |   1485000 | PA      | $966556.80    | 0.30%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                         | Intesa Sanpaolo SpA                                                                                                      | CUSIP: 46115HAW7<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | DBT              | CORP              | IT        |   1045000 | PA      | $1004244.80   | 0.31%             | 2026-01-15      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| 2020 CASH EXCH TRUST                        | 2020 Cash Mandatory Exchangeable Trust                                                                                   | CUSIP: 901375105<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1390 | NS      | $1590187.80   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                    | Targa Resources Partners LP / Targa Resources Partners Finance Corp                                                      | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $94809.75     | 0.03%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| COLGATE ENERGY P                            | Colgate Energy Partners III LLC                                                                                          | CUSIP: 19416MAB5<br>LEI: 549300QRLZK0B17DH791 | Long             | DBT              | CORP              | US        |    345000 | PA      | $296306.89    | 0.09%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                    | Scientific Games International Inc                                                                                       | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1257600.00   | 0.39%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                   | Block Inc                                                                                                                | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    940000 | PA      | $839796.00    | 0.26%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                               | UniCredit SpA                                                                                                            | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   1335000 | PA      | $1084618.20   | 0.34%             | 2035-06-30      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| YUZHOU GROUP                                | Yuzhou Group Holdings Co Ltd                                                                                             | CUSIP: 000000000<br>LEI: 213800MP59KHGJSPHE82 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $18528.00     | 0.01%             | 2025-02-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                               | DISH DBS Corp                                                                                                            | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1020000 | PA      | $658012.20    | 0.21%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Newmont Corp                                | Newmont Corp                                                                                                             | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      2747 | NS      | $129658.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                    | Occidental Petroleum Corp                                                                                                | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    215000 | PA      | $219300.00    | 0.07%             | 2036-09-15      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| CFLD CAYMAN INVESTMENT                      | CFLD Cayman Investment Ltd                                                                                               | CUSIP: 000000000<br>LEI: 3003006ZC30FH27GHL08 | Long             | DBT              | CORP              | KY        |    205000 | PA      | $22660.70     | 0.01%             | 2021-07-31      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| LIGADO NETWORKS LLC                         | Ligado Networks LLC                                                                                                      | CUSIP: 53225HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    806570 | PA      | $258989.63    | 0.08%             | 2023-11-01      | Fixed         | 15.50%                | No            |                  2 | On Loan: No      |
| Navient Corp                                | Navient Corp                                                                                                             | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |   3510000 | PA      | $2500472.79   | 0.78%             | 2033-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                               | Carnival Corp                                                                                                            | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1570000 | PA      | $1121042.80   | 0.35%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                               | DISH DBS Corp                                                                                                            | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4160000 | PA      | $3354582.40   | 1.05%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                           | DISH Network Corp                                                                                                        | CUSIP: 25470MAF6<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |     85000 | PA      | $54409.35     | 0.02%             | 2025-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                       | Uber Technologies Inc                                                                                                    | CUSIP: 90353TAG5<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   6190000 | PA      | $5942399.20   | 1.86%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CFLD CAYMAN INVESTMENT                      | CFLD Cayman Investment Ltd                                                                                               | CUSIP: 000000000<br>LEI: 3003006ZC30FH27GHL08 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $23318.00     | 0.01%             | 2025-01-13      | Fixed         | 8.05%                 | Yes           |                  2 | On Loan: No      |
| COBRA ACQUISITIONCO LLC                     | Cobra AcquisitionCo LLC                                                                                                  | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1095000 | PA      | $646050.00    | 0.20%             | 2029-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                    | Sunac China Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    405000 | PA      | $86269.05     | 0.03%             | 2026-01-26      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                    | Teva Pharmaceutical Finance Netherlands III BV                                                                           | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   2335000 | PA      | $2110605.89   | 0.66%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| General Motors Co                           | General Motors Co                                                                                                        | CUSIP: 37045VAF7<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    280000 | PA      | $258867.97    | 0.08%             | 2043-10-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                     | Frontier Communications Holdings LLC                                                                                     | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1012141.30   | 0.32%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Coty Inc                                    | Coty Inc                                                                                                                 | CUSIP: 222070AB0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |     65000 | PA      | $62400.00     | 0.02%             | 2026-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DCP MIDSTREAM OPERATING                     | DCP Midstream Operating LP                                                                                               | CUSIP: 23311VAK3<br>LEI: 549300Y6CTBSE0QIPL28 | Long             | DBT              | CORP              | US        |     75000 | PA      | $62034.75     | 0.02%             | 2032-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL                     | BioMarin Pharmaceutical Inc                                                                                              | CUSIP: 09061GAH4<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |    340000 | PA      | $360842.00    | 0.11%             | 2024-08-01      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                       | Bausch Health Cos Inc                                                                                                    | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    160000 | PA      | $76745.60     | 0.02%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                       | Melco Resorts Finance Ltd                                                                                                | CUSIP: 58547DAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    835000 | PA      | $667657.65    | 0.21%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC                       | Micron Technology Inc                                                                                                    | CUSIP: 595112BV4<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $1213853.36   | 0.38%             | 2029-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                          | Forestar Group Inc                                                                                                       | CUSIP: 346232AF8<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |    115000 | PA      | $100819.41    | 0.03%             | 2026-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| KWG GROUP HOLDINGS                          | KWG Group Holdings Ltd                                                                                                   | CUSIP: 000000000<br>LEI: 549300LK82ZOM9ZE7H90 | Long             | DBT              | CORP              | KY        |    210000 | PA      | $81954.60     | 0.03%             | 2026-02-13      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                             | Madison IAQ LLC                                                                                                          | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    385000 | PA      | $263878.55    | 0.08%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                       | Icahn Enterprises LP / Icahn Enterprises Finance Corp                                                                    | CUSIP: 451102BQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    610000 | PA      | $591578.00    | 0.19%             | 2025-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Walmart Inc                                 | Walmart Inc                                                                                                              | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      1302 | NS      | $184610.58    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD                         | NCL Corp Ltd                                                                                                             | CUSIP: 62886HBD2<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    815000 | PA      | $558226.10    | 0.17%             | 2027-02-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                           | Iron Mountain Inc                                                                                                        | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   1385000 | PA      | $1274019.95   | 0.40%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co/The                            | Coca-Cola Co/The                                                                                                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      3545 | NS      | $225497.45    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICE PROPERTIES TRUST                    | Service Properties Trust                                                                                                 | CUSIP: 44106MAZ5<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    470000 | PA      | $427263.61    | 0.13%             | 2024-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN CO LLC                       | Teva Pharmaceutical Finance Co LLC                                                                                       | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |    770000 | PA      | $676881.34    | 0.21%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD                      | Calumet Specialty Products Partners LP / Calumet Finance Corp                                                            | CUSIP: 131477AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    180000 | PA      | $187611.89    | 0.06%             | 2025-04-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                          | Seagate HDD Cayman                                                                                                       | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     30600 | PA      | $33562.08     | 0.01%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROU                    | Sinclair Television Group Inc                                                                                            | CUSIP: 829259AW0<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    590000 | PA      | $481211.14    | 0.15%             | 2027-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAIN INC                       | Caesars Entertainment Inc                                                                                                | CUSIP: 28470RAH5<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    840000 | PA      | $816207.42    | 0.26%             | 2025-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TELESAT CANADA/TELESAT L                    | Telesat Canada / Telesat LLC                                                                                             | CUSIP: 87952VAR7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    385000 | PA      | $177108.77    | 0.06%             | 2026-12-06      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                     | Royal Caribbean Cruises Ltd                                                                                              | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    290000 | PA      | $234420.82    | 0.07%             | 2026-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TIMES CHINA HLDG LTD                        | Times China Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |    405000 | PA      | $65654.55     | 0.02%             | 2026-03-22      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                                                                   | CUSIP: 225401AV0<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    250000 | PA      | $227715.00    | 0.07%             | 2028-08-11      | Fixed         | 6.44%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                       | Bath & Body Works Inc                                                                                                    | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    715000 | PA      | $663984.75    | 0.21%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                      | CCO Holdings LLC / CCO Holdings Capital Corp                                                                             | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $150055.58    | 0.05%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                    | Targa Resources Partners LP / Targa Resources Partners Finance Corp                                                      | CUSIP: 87612BBG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $128784.41    | 0.04%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                               | DISH DBS Corp                                                                                                            | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    345000 | PA      | $290605.58    | 0.09%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STRATHCONA RESOURCES                        | Strathcona Resources Ltd/Alberta                                                                                         | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |    715000 | PA      | $521853.50    | 0.16%             | 2026-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| LIVONGO HEALTH                              | Livongo Health Inc                                                                                                       | CUSIP: 539183AA1<br>LEI: 54930061HKCVF1H2O156 | Long             | DBT              | CORP              | US        |    715000 | PA      | $625896.70    | 0.20%             | 2025-06-01      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Nyack Park CLO, Ltd.                        | NYACK Park CLO Ltd                                                                                                       | CUSIP: 67080QAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    730000 | PA      | $635091.24    | 0.20%             | 2034-10-20      | Floating      | 10.34%                | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                       | Continental Resources Inc/OK                                                                                             | CUSIP: 212015AV3<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |   1265000 | PA      | $936970.59    | 0.29%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| USI Inc/NY                                  | USI Inc/NY                                                                                                               | CUSIP: 91739VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $674341.10    | 0.21%             | 2025-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VAC BOR ESC                    | Hilton Grand Vacations Borrower Escrow LLC / Hilton Grand Vacations Borrower Esc                                         | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    690000 | PA      | $563145.61    | 0.18%             | 2031-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DANA INC                                    | Dana Inc                                                                                                                 | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    185000 | PA      | $149039.70    | 0.05%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                    | Antero Midstream Partners LP / Antero Midstream Finance Corp                                                             | CUSIP: 03690EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    475000 | PA      | $480826.45    | 0.15%             | 2026-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                            | CSC Holdings LLC                                                                                                         | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    555000 | PA      | $310078.50    | 0.10%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANTHEUS HOLDINGS INC                       | Lantheus Holdings Inc                                                                                                    | CUSIP: 516544AA1<br>LEI: 5299005HUB5IOJGO7S39 | Long             | DBT              | CORP              | US        |    390000 | PA      | $392691.00    | 0.12%             | 2027-12-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC                               | Wolfspeed Inc                                                                                                            | CUSIP: 977852AA0<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |    110000 | PA      | $95095.00     | 0.03%             | 2028-02-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                           | General Motors Co                                                                                                        | CUSIP: 37045VAV2<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |    145000 | PA      | $147567.94    | 0.05%             | 2025-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| WF-RBS Commercial Mortgage Trust            | WFRBS Commercial Mortgage Trust 2012-C10                                                                                 | CUSIP: 92890NAY5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    215000 | PA      | $192367.55    | 0.06%             | 2045-12-15      | Variable      | 4.36%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                      | General Motors Financial Co Inc                                                                                          | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1110000 | PA      | $934505.17    | 0.29%             | 2027-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MARB BONDCO PLC                             | MARB BondCo PLC                                                                                                          | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    360000 | PA      | $276330.21    | 0.09%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust         | Citigroup Commercial Mortgage Trust 2014-GC21                                                                            | CUSIP: 17322MAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $648000.00    | 0.20%             | 2047-05-10      | Variable      | 4.94%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                         | Buckeye Partners LP                                                                                                      | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    885000 | PA      | $777911.26    | 0.24%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                               | Parkland Corp/Alberta                                                                                                    | CUSIP: 70137WAL2<br>LEI: 549300XHQS1JYWBNK868 | Long             | DBT              | CORP              | CA        |   1175000 | PA      | $972312.50    | 0.30%             | 2030-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                    | Antero Midstream Partners LP / Antero Midstream Finance Corp                                                             | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    255000 | PA      | $233131.20    | 0.07%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP                     | Gulfport Energy Corp                                                                                                     | CUSIP: 402635AR7<br>LEI: 254900DJRGZBUZ3F5038 | Long             | DBT              | CORP              | US        |    315000 | PA      | $307125.00    | 0.10%             | 2026-05-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                | SM Energy Co                                                                                                             | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    430000 | PA      | $417465.50    | 0.13%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE                     | Crescent Energy Finance LLC                                                                                              | CUSIP: 45344LAA1<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |    470000 | PA      | $442899.80    | 0.14%             | 2026-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PDC Energy Inc                              | PDC Energy Inc                                                                                                           | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1202758.20   | 0.38%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                      | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                                                           | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    565000 | PA      | $542400.00    | 0.17%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                    | Live Nation Entertainment Inc                                                                                            | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    525000 | PA      | $447340.69    | 0.14%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                     | Asbury Automotive Group Inc                                                                                              | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    585000 | PA      | $492944.40    | 0.15%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Business Jet Securities, LLC                | Business Jet Securities 2021-1 LLC                                                                                       | CUSIP: 12327BAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    279240 | PA      | $245044.69    | 0.08%             | 2036-04-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                | JELD-WEN Inc                                                                                                             | CUSIP: 475795AC4<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |    310000 | PA      | $259563.00    | 0.08%             | 2025-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                     | SBA Communications Corp                                                                                                  | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |    705000 | PA      | $636977.02    | 0.20%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                     | Stagwell Global LLC                                                                                                      | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $300902.35    | 0.09%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING M                       | Foundation Building Materials Inc                                                                                        | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |    785000 | PA      | $587732.44    | 0.18%             | 2029-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                    | Ford Motor Credit Co LLC                                                                                                 | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1765000 | PA      | $1595582.66   | 0.50%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                     | Teva Pharmaceutical Finance Netherlands III BV                                                                           | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   2140000 | PA      | $1308450.06   | 0.41%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                        | Sonic Automotive Inc                                                                                                     | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    725000 | PA      | $580513.20    | 0.18%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FANTASIA HOLDINGS GROUP                     | Fantasia Holdings Group Co Ltd                                                                                           | CUSIP: 000000000<br>LEI: 5493005JQNLB3I01JW62 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $14500.00     | 0.00%             | 2023-06-01      | Fixed         | 11.88%                | No            |                  2 | On Loan: No      |
| GARDEN SPINCO CORP                          | Garden Spinco Corp                                                                                                       | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $583000.00    | 0.18%             | 2030-07-20      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                                | Broadcom Inc                                                                                                             | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       411 | NS      | $229802.43    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                     | Teva Pharmaceutical Finance Netherlands III BV                                                                           | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    265000 | PA      | $231742.50    | 0.07%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                           | DISH Network Corp                                                                                                        | CUSIP: 25470MAB5<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   7095000 | PA      | $4445017.50   | 1.39%             | 2026-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                              | Open Text Corp                                                                                                           | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    765000 | PA      | $765000.00    | 0.24%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| AHP HEALTH PARTN                            | AHP Health Partners Inc                                                                                                  | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |    345000 | PA      | $269531.25    | 0.08%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                        | Sonic Automotive Inc                                                                                                     | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    480000 | PA      | $377368.62    | 0.12%             | 2031-11-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CENTRAL CHN REAL ESTATE                     | Central China Real Estate Ltd                                                                                            | CUSIP: 000000000<br>LEI: 549300JDML9PYG0CIJ22 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $55962.00     | 0.02%             | 2024-08-13      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Home Depot Inc/The                          | Home Depot Inc/The                                                                                                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       481 | NS      | $151928.66    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                                                                   | CUSIP: 225401BB3<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    295000 | PA      | $302040.82    | 0.09%             | 2033-11-15      | Fixed         | 9.02%                 | No            |                  2 | On Loan: No      |
| BILIBILI INC                                | Bilibili Inc                                                                                                             | CUSIP: 090040AF3<br>LEI: 5493008V60M52L3PIS45 | Long             | DBT              | CORP              | KY        |    430000 | PA      | $316050.00    | 0.10%             | 2026-12-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                           | Iron Mountain Inc                                                                                                        | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    360000 | PA      | $295898.40    | 0.09%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                     | Royal Caribbean Cruises Ltd                                                                                              | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    530000 | PA      | $532241.90    | 0.17%             | 2027-08-15      | Fixed         | 11.62%                | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                       | Bausch Health Cos Inc                                                                                                    | CUSIP: 071734AP2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    195000 | PA      | $134477.85    | 0.04%             | 2027-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ARCONIC CORP                                | Arconic Corp                                                                                                             | CUSIP: 03966VAB3<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |    605000 | PA      | $594773.43    | 0.19%             | 2025-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SUNAC CHINA HOLDINGS LTD                    | Sunac China Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 549300OLARYHDXP3WK18 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $42760.00     | 0.01%             | 2025-01-10      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                    | American Airlines Inc/AAdvantage Loyalty IP Ltd                                                                          | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   1030000 | PA      | $941374.52    | 0.29%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM PARTNER                    | EnLink Midstream Partners LP                                                                                             | CUSIP: 29336UAC1<br>LEI: 88CPW63VL7KHJWS0NY83 | Long             | DBT              | CORP              | US        |    195000 | PA      | $160829.50    | 0.05%             | 2044-04-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                    | Performance Food Group Inc                                                                                               | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    440000 | PA      | $381312.80    | 0.12%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                    | Western Midstream Operating LP                                                                                           | CUSIP: 958254AJ3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    440000 | PA      | $361779.82    | 0.11%             | 2048-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                         | Clarivate Science Holdings Corp                                                                                          | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $510210.00    | 0.16%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                         | Resideo Funding Inc                                                                                                      | CUSIP: 76119LAB7<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |    365000 | PA      | $295120.75    | 0.09%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITY SOFTWARE INC                          | Unity Software Inc                                                                                                       | CUSIP: 91332UAB7<br>LEI: 549300D1ESJMGNQNG432 | Long             | DBT              | CORP              | US        |    335000 | PA      | $250747.50    | 0.08%             | 2026-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Matador Resources Co                        | Matador Resources Co                                                                                                     | CUSIP: 576485AE6<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    700000 | PA      | $673021.33    | 0.21%             | 2026-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust  | JPMBB Commercial Mortgage Securities Trust 2013-C14                                                                      | CUSIP: 46640LAK8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    720000 | PA      | $675511.56    | 0.21%             | 2046-08-15      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| Abbott Laboratories                         | Abbott Laboratories                                                                                                      | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      1592 | NS      | $174785.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                          | Ford Motor Co                                                                                                            | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1312397.98   | 0.41%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                          | CommScope Technologies LLC                                                                                               | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |   1195000 | PA      | $811645.89    | 0.25%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clarivate PLC                               | Clarivate PLC                                                                                                            | CUSIP: 000000000<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | JE        |       357 | NS      | $2977.38      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOPETROL SA                                | Ecopetrol SA                                                                                                             | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    295000 | PA      | $225332.76    | 0.07%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                       | Playtika Holding Corp                                                                                                    | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |    255000 | PA      | $200162.25    | 0.06%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                       | Tenet Healthcare Corp                                                                                                    | CUSIP: 88033GDA5<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    355000 | PA      | $330235.18    | 0.10%             | 2027-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN                      | MIWD Holdco II LLC / MIWD Finance Corp                                                                                   | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $290594.79    | 0.09%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                               | TransDigm Inc                                                                                                            | CUSIP: 893647BK2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    960000 | PA      | $974198.40    | 0.31%             | 2025-12-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Prologis Inc                                | Prologis Inc                                                                                                             | CUSIP: 74340W202<br>LEI: 529900DFH19P073LZ636 | Long             | EP               |  | US        |      3363 | NS      | $185469.45    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LIGADO NETWORKS LLC                         | Ligado Networks LLC                                                                                                      | CUSIP: 53225HAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315767 | PA      | $30083.12     | 0.01%             | 2024-05-01      | Fixed         | 17.50%                | No            |                  2 | On Loan: No      |
| SIMMONS FOOD INC/SIMMONS                    | Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed                                           | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    470000 | PA      | $382604.74    | 0.12%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| AIG CLO Ltd                                 | AIG CLO 2021-2 LLC                                                                                                       | CUSIP: 00142DAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    920000 | PA      | $823250.96    | 0.26%             | 2034-07-20      | Floating      | 10.74%                | No            |                  2 | On Loan: No      |
| SPRINT LLC                                  | Sprint LLC                                                                                                               | CUSIP: 85207UAJ4<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1352357.54   | 0.42%             | 2025-02-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                     | Consolidated Energy Finance SA                                                                                           | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $127451.52    | 0.04%             | 2028-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                       | Uber Technologies Inc                                                                                                    | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    230000 | PA      | $230161.00    | 0.07%             | 2027-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ELASTIC NV                                  | Elastic NV                                                                                                               | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |    730000 | PA      | $589621.00    | 0.18%             | 2029-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                            | CSC Holdings LLC                                                                                                         | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    425000 | PA      | $347437.50    | 0.11%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ATI INC                                     | ATI Inc                                                                                                                  | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    350000 | PA      | $334699.86    | 0.10%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                     | Royal Caribbean Cruises Ltd                                                                                              | CUSIP: 780153AW2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    465000 | PA      | $341775.00    | 0.11%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corp                        | Pilgrim's Pride Corp                                                                                                     | CUSIP: 72147KAE8<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1619860.44   | 0.51%             | 2027-09-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ENERGY CO                      | Southwestern Energy Co                                                                                                   | CUSIP: 845467AR0<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    360000 | PA      | $333741.60    | 0.10%             | 2029-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                      | VICI Properties LP / VICI Note Co Inc                                                                                    | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    280000 | PA      | $261218.63    | 0.08%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                         | Medline Borrower LP                                                                                                      | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    630000 | PA      | $500390.10    | 0.16%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                | GS Mortgage Securities Trust 2011-GC5                                                                                    | CUSIP: 36191YAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1830000 | PA      | $757808.49    | 0.24%             | 2044-08-10      | Variable      | 5.15%                 | No            |                  2 | On Loan: No      |
| ENDO DAC/FIN LLC/FINCO                      | Endo Dac / Endo Finance LLC / Endo Finco Inc                                                                             | CUSIP: 29273DAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    575000 | PA      | $30187.50     | 0.01%             | 2028-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                    | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                                      | CUSIP: 74841CAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1745000 | PA      | $1331915.63   | 0.42%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                             | Cemex SAB de CV                                                                                                          | CUSIP: 151290CA9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    425000 | PA      | $392704.25    | 0.12%             | 2026-06-08      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                       | Bausch Health Cos Inc                                                                                                    | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   3190000 | PA      | $2028973.44   | 0.64%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                    | First Quantum Minerals Ltd                                                                                               | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   3030000 | PA      | $2842816.45   | 0.89%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Deere & Co                                  | Deere & Co                                                                                                               | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       458 | NS      | $196372.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                       | Tenet Healthcare Corp                                                                                                    | CUSIP: 88033GCX6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    340000 | PA      | $326573.40    | 0.10%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                    | Jaguar Land Rover Automotive PLC                                                                                         | CUSIP: 47010BAM6<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    550000 | PA      | $389513.36    | 0.12%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                             | Sands China Ltd                                                                                                          | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |   1530000 | PA      | $1344533.40   | 0.42%             | 2030-06-18      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NCR CORP                                    | NCR Corp                                                                                                                 | CUSIP: 62886EAZ1<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |     45000 | PA      | $37125.00     | 0.01%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                            | Duke Energy Corp                                                                                                         | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1372 | NS      | $141302.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Palmer Square CLO Ltd                       | Palmer Square CLO 2021-4 Ltd                                                                                             | CUSIP: 69702GAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    730000 | PA      | $657385.44    | 0.21%             | 2034-10-15      | Floating      | 10.13%                | No            |                  2 | On Loan: No      |
| COTY INC                                    | Coty Inc                                                                                                                 | CUSIP: 222070AE4<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |    370000 | PA      | $350860.64    | 0.11%             | 2026-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PPM Clo, Ltd.                               | PPM CLO 5 Ltd                                                                                                            | CUSIP: 69356VAA4<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | ABS-CBDO         | CORP              | KY        |    285000 | PA      | $238705.46    | 0.07%             | 2034-10-18      | Floating      | 10.69%                | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                              | NRG Energy Inc                                                                                                           | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    465000 | PA      | $349238.25    | 0.11%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO                        | Commercial Metals Co                                                                                                     | CUSIP: 201723AQ6<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |    495000 | PA      | $438004.01    | 0.14%             | 2030-01-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Sierra Receivables Funding Co LLC           | Sierra Timeshare 2021-1 Receivables Funding LLC                                                                          | CUSIP: 82652QAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    287123 | PA      | $260768.86    | 0.08%             | 2037-11-20      | Fixed         | 3.17%                 | No            |                  2 | On Loan: No      |
| Octagon Investment Partners 44, Ltd.        | Octagon Investment Partners 44 Ltd                                                                                       | CUSIP: 675713AE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    730000 | PA      | $621172.33    | 0.19%             | 2034-10-15      | Floating      | 10.83%                | No            |                  2 | On Loan: No      |
| ENDO LUX FIN CO I SARL                      | Endo Luxembourg Finance Co I Sarl / Endo US Inc                                                                          | CUSIP: 29280BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $151725.72    | 0.05%             | 2029-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                    | Occidental Petroleum Corp                                                                                                | CUSIP: 674599EA9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   3435000 | PA      | $3878130.46   | 1.22%             | 2030-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                              | Bombardier Inc                                                                                                           | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1775000 | PA      | $1722130.45   | 0.54%             | 2026-06-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust       | Wells Fargo Commercial Mortgage Trust 2014-LC16                                                                          | CUSIP: 94988XBA3<br>LEI: 549300PX4QZK7CUM8D08 | Long             | ABS-MBS          | CORP              | US        |    545000 | PA      | $336556.36    | 0.11%             | 2050-08-15      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR                    | Marriott Ownership Resorts Inc                                                                                           | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |    275000 | PA      | $228147.22    | 0.07%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                    | Blue Racer Midstream LLC / Blue Racer Finance Corp                                                                       | CUSIP: 095796AH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1015000 | PA      | $1007442.26   | 0.32%             | 2025-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                  | Carvana Co                                                                                                               | CUSIP: 146869AF9<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     50000 | PA      | $19809.14     | 0.01%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                         | NCL Corp Ltd                                                                                                             | CUSIP: 000000000<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      5000 | PA      | $3927.35      | 0.00%             | 2026-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                       | Melco Resorts Finance Ltd                                                                                                | CUSIP: 58547DAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    200000 | PA      | $166543.84    | 0.05%             | 2028-07-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                    | Western Midstream Operating LP                                                                                           | CUSIP: 958254AH7<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    130000 | PA      | $119275.00    | 0.04%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| YUZHOU GROUP                                | Yuzhou Group Holdings Co Ltd                                                                                             | CUSIP: 000000000<br>LEI: 213800MP59KHGJSPHE82 | Long             | DBT              | CORP              | KY        |    205000 | PA      | $18968.65     | 0.01%             | 2026-08-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                    | iHeartCommunications Inc                                                                                                 | CUSIP: 45174HBG1<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    680000 | PA      | $553751.20    | 0.17%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GRIFOLS ESCROW ISSUER                       | Grifols Escrow Issuer SA                                                                                                 | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | ES        |    385000 | PA      | $332435.95    | 0.10%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                    | Ford Motor Credit Co LLC                                                                                                 | CUSIP: 345397B85<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2122446.00   | 0.67%             | 2025-02-10      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                    | Kaisa Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    610000 | PA      | $82478.10     | 0.03%             | 2026-06-01      | Fixed         | 11.65%                | No            |                  2 | On Loan: No      |
| EASY TACTIC LTD                             | Easy Tactic Ltd                                                                                                          | CUSIP: 000000000<br>LEI: 549300WYFMC41MKE6E16 | Long             | DBT              | CORP              | VG        |    626807 | PA      | $130037.38    | 0.04%             | 2027-07-11      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| COTY/HFC PRESTIGE/INT US                    | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC                                                     | CUSIP: 222070AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $678750.00    | 0.21%             | 2029-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                              | Wynn Macau Ltd                                                                                                           | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    965000 | PA      | $824196.85    | 0.26%             | 2028-08-26      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                      | VICI Properties LP / VICI Note Co Inc                                                                                    | CUSIP: 92564RAH8<br>LEI: N/A                  | Long             | DBT              |  | US        |    295000 | PA      | $277617.85    | 0.09%             | 2026-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRECISION DRILLING CORP                     | Precision Drilling Corp                                                                                                  | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |    265000 | PA      | $246716.79    | 0.08%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| HOVNANIAN ENTERPRISES                       | Hovnanian Enterprises Inc                                                                                                | CUSIP: 442487112<br>LEI: 549300805N4EF0ROBT53 | Long             | EP               | CORP              | US        |     21265 | NS      | $404035.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WOLFSPEED INC                               | Wolfspeed Inc                                                                                                            | CUSIP: 977852AC6<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |    145000 | PA      | $130572.50    | 0.04%             | 2029-12-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                         | Travel + Leisure Co                                                                                                      | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   1345000 | PA      | $1115368.67   | 0.35%             | 2030-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NCL FINANCE LTD                             | NCL Finance Ltd                                                                                                          | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    295000 | PA      | $217775.29    | 0.07%             | 2028-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES                       | Continental Resources Inc/OK                                                                                             | CUSIP: 212015AT8<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    420000 | PA      | $390961.33    | 0.12%             | 2031-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corp                           | Devon Energy Corp                                                                                                        | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |       527 | NS      | $32415.77     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit AeroSystems Inc                      | Spirit AeroSystems Inc                                                                                                   | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   1265000 | PA      | $1021364.82   | 0.32%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                            | CSC Holdings LLC                                                                                                         | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    200000 | PA      | $130427.06    | 0.04%             | 2031-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                    | Hess Midstream Operations LP                                                                                             | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1080000 | PA      | $923314.65    | 0.29%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                              | Starbucks Corp                                                                                                           | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      2331 | NS      | $231235.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corp                          | CNX Resources Corp                                                                                                       | CUSIP: 12653CAC2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    660000 | PA      | $655050.00    | 0.21%             | 2027-03-14      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                 | Vistra Operations Co LLC                                                                                                 | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1055000 | PA      | $1016405.25   | 0.32%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                      | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                                                    | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1434000 | PA      | $1331999.58   | 0.42%             | 2027-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                      | CCO Holdings LLC / CCO Holdings Capital Corp                                                                             | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3845000 | PA      | $3087073.60   | 0.97%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                         | Emerson Electric Co                                                                                                      | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      1065 | NS      | $102303.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SENSATA TECHNOLOGIES INC                    | Sensata Technologies Inc                                                                                                 | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    230000 | PA      | $189207.20    | 0.06%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                            | AmWINS Group Inc                                                                                                         | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    605000 | PA      | $513128.78    | 0.16%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HLDGS LTD                      | Shimao Group Holdings Ltd                                                                                                | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $37336.00     | 0.01%             | 2024-02-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                            | Deutsche Bank AG/New York NY                                                                                             | CUSIP: 251526CF4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |    605000 | PA      | $443594.33    | 0.14%             | 2032-01-14      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                       | Level 3 Financing Inc                                                                                                    | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    725000 | PA      | $530874.74    | 0.17%             | 2029-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| WHEEL PROS INC                              | Wheel Pros Inc                                                                                                           | CUSIP: 96289WAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $99382.95     | 0.03%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CLARIVATE PLC                               | Clarivate PLC                                                                                                            | CUSIP: 000000000<br>LEI: 549300WDHIIODXFO0R55 | Long             | EP               | CORP              | JE        |     17739 | NS      | $671953.32    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                    | Jefferies Finance LLC / JFIN Co-Issuer Corp                                                                              | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $326292.00    | 0.10%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUBURBAN PROPANE PARTNRS                    | Suburban Propane Partners LP/Suburban Energy Finance Corp                                                                | CUSIP: 864486AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $335743.09    | 0.11%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AGILE GROUP HOLDINGS LTD                    | Agile Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $106074.00    | 0.03%             | 2025-04-21      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWEST AIRLINES CO                       | Southwest Airlines Co                                                                                                    | CUSIP: 844741BG2<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | DBT              | CORP              | US        |   1325000 | PA      | $1591325.00   | 0.50%             | 2025-05-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL                     | BioMarin Pharmaceutical Inc                                                                                              | CUSIP: 09061GAK7<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | DBT              | CORP              | US        |   2260000 | PA      | $2428507.48   | 0.76%             | 2027-05-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| UNITED STATES STEEL CORP                    | United States Steel Corp                                                                                                 | CUSIP: 912909AU2<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |    163000 | PA      | $158215.37    | 0.05%             | 2029-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                             | Sands China Ltd                                                                                                          | CUSIP: 80007RAQ8<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    705000 | PA      | $575951.22    | 0.18%             | 2029-03-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                            | Cinemark USA Inc                                                                                                         | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    390000 | PA      | $289610.10    | 0.09%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                    | EQM Midstream Partners LP                                                                                                | CUSIP: 26885BAE0<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    140000 | PA      | $104940.51    | 0.03%             | 2048-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE TECH LLC                          | CommScope Technologies LLC                                                                                               | CUSIP: 000000000<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $2241365.21   | 0.70%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                              | Morgan Stanley                                                                                                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      1687 | NS      | $143428.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                    | Occidental Petroleum Corp                                                                                                | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30275.69     | 0.01%             | 2031-01-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                    | Perrigo Finance Unlimited Co                                                                                             | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    875000 | PA      | $745515.15    | 0.23%             | 2030-06-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Pioneer Natural Resources Co                | Pioneer Natural Resources Co                                                                                             | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |       778 | NS      | $177687.42    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST QUANTUM MINERALS L                    | First Quantum Minerals Ltd                                                                                               | CUSIP: 335934AR6<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1598000 | PA      | $1513340.52   | 0.47%             | 2026-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM                            | Callon Petroleum Co                                                                                                      | CUSIP: 13123XBD3<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    505000 | PA      | $481408.30    | 0.15%             | 2028-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                  | Carvana Co                                                                                                               | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    325000 | PA      | $125209.89    | 0.04%             | 2029-09-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                | ADT Security Corp/The                                                                                                    | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   1530000 | PA      | $1301197.82   | 0.41%             | 2029-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Range Resources Corp                        | Range Resources Corp                                                                                                     | CUSIP: 75281AAS8<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    430000 | PA      | $408458.32    | 0.13%             | 2025-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                            | Altice France SA/France                                                                                                  | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    985000 | PA      | $751092.05    | 0.24%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc                                | QUALCOMM Inc                                                                                                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      1850 | NS      | $203389.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                                 | Netflix Inc                                                                                                              | CUSIP: 64110LAL0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |    435000 | PA      | $440481.00    | 0.14%             | 2025-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LIQUID TELECOM FINANCE                      | Liquid Telecommunications Financing Plc                                                                                  | CUSIP: 536333AB3<br>LEI: 635400MXAVJRJJCWVI87 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $143890.00    | 0.05%             | 2026-09-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                                | Centene Corp                                                                                                             | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $907353.75    | 0.28%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                    | 1011778 BC ULC / New Red Finance Inc                                                                                     | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1815000 | PA      | $1625161.80   | 0.51%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                      | Match Group Holdings II LLC                                                                                              | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    340000 | PA      | $312800.00    | 0.10%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                       | Mineral Resources Ltd                                                                                                    | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    770000 | PA      | $775338.97    | 0.24%             | 2027-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Starwood Retail Property Trust              | Starwood Retail Property Trust 2014-STAR                                                                                 | CUSIP: 85571XAA5<br>LEI: 5493007115G809OI4R97 | Long             | ABS-MBS          | CORP              | US        |    208290 | PA      | $144241.02    | 0.05%             | 2027-11-15      | Floating      | 5.79%                 | No            |                  2 | On Loan: No      |
| MODIVCARE ESCROW ISSUER                     | ModivCare Escrow Issuer Inc                                                                                              | CUSIP: 60783XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    365000 | PA      | $307804.50    | 0.10%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHIMAO GROUP HOLDINGS LT                    | Shimao Group Holdings Ltd                                                                                                | CUSIP: 000000000<br>LEI: 254900WTJ6B5CU69ZD26 | Long             | DBT              | CORP              | KY        |    205000 | PA      | $36695.00     | 0.01%             | 2031-01-11      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                     | Park River Holdings Inc                                                                                                  | CUSIP: 70082LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    565000 | PA      | $376236.42    | 0.12%             | 2029-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Oak Hill Credit Partners                    | OHA Credit Funding 2 LTD                                                                                                 | CUSIP: 67707FAG6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    735000 | PA      | $646730.91    | 0.20%             | 2034-04-21      | Floating      | 10.64%                | No            |                  2 | On Loan: No      |
| AGILE GROUP HOLDINGS LTD                    | Agile Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $185072.00    | 0.06%             | 2025-10-13      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTA                    | SeaWorld Parks & Entertainment Inc                                                                                       | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    365000 | PA      | $317805.07    | 0.10%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WF-RBS COMMERCIAL MORTGAGE TRUST            | WFRBS Commercial Mortgage Trust 2013-C15                                                                                 | CUSIP: 92938CAJ6<br>LEI: 5493003CHVRASC16O965 | Long             | ABS-MBS          | CORP              | US        |    185000 | PA      | $150633.42    | 0.05%             | 2046-08-15      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                        | Cleveland-Cliffs Inc                                                                                                     | CUSIP: 185899AG6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    845000 | PA      | $847112.50    | 0.27%             | 2026-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                    | Scientific Games International Inc                                                                                       | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    335000 | PA      | $319559.85    | 0.10%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                    | EQT Corp                                                                                                                 | CUSIP: 26884LAQ2<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64650.73     | 0.02%             | 2028-04-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                    | HLF Financing Sarl LLC / Herbalife International Inc                                                                     | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    440000 | PA      | $303058.80    | 0.09%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                               | Aircastle Ltd                                                                                                            | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    210000 | PA      | $161700.00    | 0.05%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                   | Apple Inc                                                                                                                | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      1465 | NS      | $190347.45    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DARLING INGREDIENTS INC                     | Darling Ingredients Inc                                                                                                  | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    460000 | PA      | $449650.00    | 0.14%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CFLD CAYMAN INVESTMENT                      | CFLD Cayman Investment Ltd                                                                                               | CUSIP: 000000000<br>LEI: 3003006ZC30FH27GHL08 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $47558.50     | 0.01%             | 2022-09-28      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| ZHENRO PROPERTIES GROUP                     | Zhenro Properties Group Ltd                                                                                              | CUSIP: 000000000<br>LEI: 549300I66TVJEL841P38 | Long             | DBT              | CORP              | KY        |    295000 | PA      | $14770.65     | 0.00%             | 2026-01-07      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| EQT CORP                                    | EQT Corp                                                                                                                 | CUSIP: 26884LAP4<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |     90000 | PA      | $89562.55     | 0.03%             | 2025-10-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| HOLLY NRG PRTNR/FIN CORP                    | Holly Energy Partners LP / Holly Energy Finance Corp                                                                     | CUSIP: 435765AJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $368434.46    | 0.12%             | 2027-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                      | Patrick Industries Inc                                                                                                   | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    385000 | PA      | $319550.00    | 0.10%             | 2029-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UBER TECHNOLOGIES INC                       | Uber Technologies Inc                                                                                                    | CUSIP: 90353TAC4<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |    460000 | PA      | $461583.21    | 0.14%             | 2026-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio Inc                         | Sirius XM Radio Inc                                                                                                      | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1005000 | PA      | $928982.91    | 0.29%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                    | Kaisa Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    800000 | PA      | $108304.00    | 0.03%             | 2025-04-16      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                               | TransDigm Inc                                                                                                            | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281715.00    | 0.09%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                    | First Quantum Minerals Ltd                                                                                               | CUSIP: 335934AL9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   2277000 | PA      | $2216295.68   | 0.69%             | 2025-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ZILLOW GROUP INC                            | Zillow Group Inc                                                                                                         | CUSIP: 98954MAG6<br>LEI: 2549002XEELQDIR6FU05 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85637.50     | 0.03%             | 2026-09-01      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| VOC Escrow Ltd                              | VOC Escrow Ltd                                                                                                           | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    335000 | PA      | $288133.50    | 0.09%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                    | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                                                                      | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    790000 | PA      | $626026.08    | 0.20%             | 2029-03-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| CENTRAL CHN REAL ESTATE                     | Central China Real Estate Ltd                                                                                            | CUSIP: 000000000<br>LEI: 549300JDML9PYG0CIJ22 | Long             | DBT              | CORP              | KY        |    280000 | PA      | $100133.60    | 0.03%             | 2023-08-27      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP                            | Boyd Gaming Corp                                                                                                         | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    515000 | PA      | $448050.00    | 0.14%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                      | Comstock Resources Inc                                                                                                   | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    455000 | PA      | $410637.50    | 0.13%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                      | Acrisure LLC / Acrisure Finance Inc                                                                                      | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $449476.50    | 0.14%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                              | Morgan Stanley                                                                                                           | CUSIP: 61747YEM3<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1605000 | PA      | $1507076.57   | 0.47%             | 2026-02-18      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                       | Freedom Mortgage Corp                                                                                                    | CUSIP: 000000000<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    780000 | PA      | $650617.98    | 0.20%             | 2026-05-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                    | CHS/Community Health Systems Inc                                                                                         | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   2065000 | PA      | $1557086.71   | 0.49%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                        | OneMain Finance Corp                                                                                                     | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    665000 | PA      | $550600.05    | 0.17%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CFLD CAYMAN INVESTMENT                      | CFLD Cayman Investment Ltd                                                                                               | CUSIP: 000000000<br>LEI: 3003006ZC30FH27GHL08 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $22000.00     | 0.01%             | 2022-04-08      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                       | Level 3 Financing Inc                                                                                                    | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    245000 | PA      | $192986.50    | 0.06%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                        | Targa Resources Corp                                                                                                     | CUSIP: 87612KAA0<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    805000 | PA      | $789006.17    | 0.25%             | 2027-07-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Battalion CLO LTD                           | Battalion Clo XVI Ltd                                                                                                    | CUSIP: 07133NAD6<br>LEI: 549300QOOT46OWR6Z544 | Long             | ABS-CBDO         | CORP              | KY        |    325000 | PA      | $281465.93    | 0.09%             | 2032-12-19      | Floating      | 10.84%                | No            |                  2 | On Loan: No      |
| AMER AIRLINE 17-2B PTT                      | American Airlines 2017-2 Class B Pass Through Trust                                                                      | CUSIP: 02377DAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1166347 | PA      | $1048029.28   | 0.33%             | 2025-10-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                        | OneMain Finance Corp                                                                                                     | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1545180.00   | 0.48%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                | Broadcom Inc                                                                                                             | CUSIP: 11135FAS0<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    930000 | PA      | $819646.81    | 0.26%             | 2032-11-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                      | Match Group Holdings II LLC                                                                                              | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    100000 | PA      | $76686.40     | 0.02%             | 2031-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                    | Service Properties Trust                                                                                                 | CUSIP: 44106MAS1<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     75000 | PA      | $71634.15     | 0.02%             | 2024-03-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| VICTORS MERGER CORP                         | Victors Merger Corp                                                                                                      | CUSIP: 92641PAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    525000 | PA      | $288750.00    | 0.09%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BRUNDAGE-BONE CONCRETE                      | Brundage-Bone Concrete Pumping Holdings Inc                                                                              | CUSIP: 66981QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    560000 | PA      | $510521.74    | 0.16%             | 2026-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE                      | VICI Properties LP / VICI Note Co Inc                                                                                    | CUSIP: 92564RAG0<br>LEI: N/A                  | Long             | DBT              |  | US        |    250000 | PA      | $239687.50    | 0.08%             | 2025-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                    | Occidental Petroleum Corp                                                                                                | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1286237.50   | 0.40%             | 2046-03-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                    | Service Properties Trust                                                                                                 | CUSIP: 44106MAR3<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    135000 | PA      | $132663.41    | 0.04%             | 2023-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA                    | Weatherford International Ltd                                                                                            | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |    545000 | PA      | $523367.98    | 0.16%             | 2030-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| CENTRAL CHN REAL ESTATE                     | Central China Real Estate Ltd                                                                                            | CUSIP: 000000000<br>LEI: 549300JDML9PYG0CIJ22 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $56726.00     | 0.02%             | 2024-07-16      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Merck & Co Inc                              | Merck & Co Inc                                                                                                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      1633 | NS      | $181181.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                     | Alcoa Nederland Holding BV                                                                                               | CUSIP: 013822AE1<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    810000 | PA      | $780565.21    | 0.24%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KAISA GROUP HOLDINGS LTD                    | Kaisa Group Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 254900N8L3L7NRJT0120 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $27126.00     | 0.01%             | 2025-11-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                         | Coinbase Global Inc                                                                                                      | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    325000 | PA      | $171795.00    | 0.05%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                    | Service Properties Trust                                                                                                 | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |     45000 | PA      | $31949.63     | 0.01%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CINC BELL TEL                               | Cincinnati Bell Telephone Co LLC                                                                                         | CUSIP: 171875AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1180000 | PA      | $1029443.80   | 0.32%             | 2028-12-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| BEAUTY HEALTH CO/THE                        | Beauty Health Co/The                                                                                                     | CUSIP: 88331LAA6<br>LEI: 5493001Z2JZQT4C63C50 | Long             | DBT              | CORP              | US        |     80000 | PA      | $60480.00     | 0.02%             | 2026-10-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| PAPA JOHN'S INTERNATIONA                    | Papa John's International Inc                                                                                            | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |    285000 | PA      | $237975.00    | 0.07%             | 2029-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| IQOR US Inc.                                | IQOR US Inc.                                                                                                             | CUSIP: 942AEX002<br>LEI: 549300LKMK4MMQCMDH78 | Long             | EC               | CORP              | US        |       321 | NS      | $2247.00      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                     | Global Aircraft Leasing Co Ltd                                                                                           | CUSIP: 37960JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    440406 | PA      | $374345.10    | 0.12%             | 2024-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES LP                          | VICI Properties LP                                                                                                       | CUSIP: 925650AA1<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              |  | US        |    870000 | PA      | $843750.32    | 0.26%             | 2025-05-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                    | Western Midstream Operating LP                                                                                           | CUSIP: 958667AA5<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    300000 | PA      | $247140.00    | 0.08%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                | SM Energy Co                                                                                                             | CUSIP: 78454LAL4<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    350000 | PA      | $335996.70    | 0.11%             | 2025-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Netflix Inc                                 | Netflix Inc                                                                                                              | CUSIP: 64110LAU0<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |     35000 | PA      | $33950.00     | 0.01%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Altice USA Inc                              | Altice USA Inc                                                                                                           | CUSIP: 02156K103<br>LEI: 54930064K3612MGCER95 | Long             | EC               | CORP              | US        |    107981 | NS      | $496712.60    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                       | Icahn Enterprises LP / Icahn Enterprises Finance Corp                                                                    | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $389130.00    | 0.12%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                       | Bausch Health Cos Inc                                                                                                    | CUSIP: 071734AL1<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1405000 | PA      | $680820.85    | 0.21%             | 2031-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP HOLDG                    | Cloud Software Group Holdings Inc                                                                                        | CUSIP: 88632QAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $185301.87    | 0.06%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARD FINANCE SA                              | ARD Finance SA                                                                                                           | CUSIP: 000000000<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |    422598 | PA      | $294165.61    | 0.09%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                    | Ferrellgas LP / Ferrellgas Finance Corp                                                                                  | CUSIP: 315289AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    475000 | PA      | $432082.33    | 0.14%             | 2026-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| DIAMOND SPORTS GR/DIAMON                    | Diamond Sports Group LLC / Diamond Sports Finance Co                                                                     | CUSIP: 25277LAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    425000 | PA      | $3187.50      | 0.00%             | 2027-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co                     | Bristol-Myers Squibb Co                                                                                                  | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      1780 | NS      | $128071.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                       | Icahn Enterprises LP / Icahn Enterprises Finance Corp                                                                    | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    335000 | PA      | $321900.18    | 0.10%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                      | Credit Suisse Group AG                                                                                                   | CUSIP: 225401AY4<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1265000 | PA      | $1187644.19   | 0.37%             | 2026-07-15      | Fixed         | 6.37%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                    | Warnermedia Holdings Inc                                                                                                 | CUSIP: 55903VAG8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    455000 | PA      | $410655.70    | 0.13%             | 2027-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS                    | Targa Resources Partners LP / Targa Resources Partners Finance Corp                                                      | CUSIP: 87612BBQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    560000 | PA      | $526915.20    | 0.17%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                 | Oracle Corp                                                                                                              | CUSIP: 68389XBC8<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    760000 | PA      | $721055.95    | 0.23%             | 2025-05-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                    | EQM Midstream Partners LP                                                                                                | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2017275.60   | 0.63%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WESTERN MIDSTREAM OPERAT                    | Western Midstream Operating LP                                                                                           | CUSIP: 958667AB3<br>LEI: L6D8A6MLSY454J2JXJ60 | Long             | DBT              | CORP              | US        |    280000 | PA      | $264941.60    | 0.08%             | 2025-02-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| TIMES CHINA HLDG LTD                        | Times China Holdings Ltd                                                                                                 | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $32502.00     | 0.01%             | 2027-01-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 16-3 B PTT                     | American Airlines 2016-3 Class B Pass Through Trust                                                                      | CUSIP: 023771S41<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    424143 | PA      | $376774.41    | 0.12%             | 2025-10-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHART INDUSTRIES INC                        | Chart Industries Inc                                                                                                     | CUSIP: 000000000<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    365000 | PA      | $366930.85    | 0.11%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UPC BROADBAND FINCO BV                      | UPC Broadband Finco BV                                                                                                   | CUSIP: 90320BAA7<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    955000 | PA      | $794364.23    | 0.25%             | 2031-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-23

**Name of Applicant:** LOOMIS SAYLES FUNDS I

**Signature:** John Sgroi

**Name of Signer:** John Sgroi

**Title:** Assistant Treasurer