# EDGAR Filing Document

**Accession Number:** 0001227862
**File Stem:** 0000940400-26-021654
**Filing Date:** 2026-5
**Character Count:** 221577
**Document Hash:** 7660059d949f92f0fac48651abd85f38
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-021654.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000940400-26-021654

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WESTERN ASSET EMERGING MARKETS DEBT FUND INC.
- **CENTRAL INDEX KEY:** 0001227862

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21343
- **FILM NUMBER:** 261031916

**BUSINESS ADDRESS:**
- **STREET 1:** 620 EIGHTH AVENUE
- **STREET 2:** 47TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 8887770102

**MAIL ADDRESS:**
- **STREET 1:** 620 EIGHTH AVENUE
- **STREET 2:** 47TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SALOMON BROTHERS EMERGING MARKETS DEBT FUND INC
- **DATE OF NAME CHANGE:** 20031003

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SALOMON BROTHERS FIXED INCOME STRATEGIC FUND INC
- **DATE OF NAME CHANGE:** 20030417

## Nport-Ex

Schedule of Investments (unaudited)

March 31, 2026

***If you need assistance accessing this content, please reach out to your sales representative or send an email to*** <u>accessibility@franklintempleton.com.</u>

 **Western Asset Emerging Markets Debt Fund Inc.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity <br>Date<br>| Face <br>Amount†<br>| Value |
| **Sovereign Bonds — 73.5%** | **Sovereign Bonds — 73.5%** | **Sovereign Bonds — 73.5%** | **Sovereign Bonds — 73.5%** | **Sovereign Bonds — 73.5%** |
| *Angola — 3.0%* | *Angola — 3.0%* | *Angola — 3.0%* | *Angola — 3.0%* | *Angola — 3.0%* |
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 5/9/28 | &nbsp;&nbsp; 2150000<br>| &nbsp;&nbsp;&nbsp; $2170810<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 11/26/29 | &nbsp;&nbsp; 4930000<br>| &nbsp;&nbsp;&nbsp; 4881623<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Angolan Government International Bond, Senior Notes | &nbsp;&nbsp; 9.125% | &nbsp;&nbsp; 11/26/49 | &nbsp;&nbsp; 13560000<br>| &nbsp;&nbsp;&nbsp; 11825421<br> <sup>(a)</sup><br>|
| *Total Angola* | *Total Angola* | *Total Angola* | *Total Angola* | &nbsp;&nbsp; *18877854* |
| *Argentina — 4.2%* | *Argentina — 4.2%* | *Argentina — 4.2%* | *Argentina — 4.2%* | *Argentina — 4.2%* |
| &nbsp;&nbsp;&nbsp; Argentine Republic Government International Bond, Senior Notes, Step <br> bond (4.125% to 7/9/27 then 4.750%) | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 7/9/35 | &nbsp;&nbsp; 20300000<br>| &nbsp;&nbsp;&nbsp; 14666750<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bonos Para La Reconstruccion De Una Argentina Libre, Senior Notes | &nbsp;&nbsp; 3.000% | &nbsp;&nbsp; 5/31/26 | &nbsp;&nbsp; 1020000<br>| &nbsp;&nbsp;&nbsp; 360408<br>|
| &nbsp;&nbsp;&nbsp; Provincia de Buenos Aires, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 9/1/37 | &nbsp;&nbsp; 10051223<br>| &nbsp;&nbsp;&nbsp; 7601238<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Provincia de Buenos Aires, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 9/1/37 | &nbsp;&nbsp; 3157370<br>| &nbsp;&nbsp;&nbsp; 2387761<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Provincia de Cordoba, Senior Notes | &nbsp;&nbsp; 6.990% | &nbsp;&nbsp; 6/1/27 | &nbsp;&nbsp; 1199267<br>| &nbsp;&nbsp;&nbsp; 1197635<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Provincia de Cordoba, Senior Notes | &nbsp;&nbsp; 6.990% | &nbsp;&nbsp; 6/1/27 | &nbsp;&nbsp; 412500<br>| &nbsp;&nbsp;&nbsp; 411939<br> <sup>(a)(c)</sup><br>|
| *Total Argentina* | *Total Argentina* | *Total Argentina* | *Total Argentina* | &nbsp;&nbsp; *26625731* |
| *Armenia — 1.0%* | *Armenia — 1.0%* | *Armenia — 1.0%* | *Armenia — 1.0%* | *Armenia — 1.0%* |
| &nbsp;&nbsp;&nbsp; Republic of Armenia International Bond, Senior Notes | &nbsp;&nbsp; 3.600% | &nbsp;&nbsp; 2/2/31 | &nbsp;&nbsp; 7000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *6233369*<br> <sup>(b)</sup><br>|
| *Bahamas — 1.8%* | *Bahamas — 1.8%* | *Bahamas — 1.8%* | *Bahamas — 1.8%* | *Bahamas — 1.8%* |
| &nbsp;&nbsp;&nbsp; Bahamas Government International Bond, Senior Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 6/16/29 | &nbsp;&nbsp; 8000000<br>| &nbsp;&nbsp;&nbsp; 8548000<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bahamas Government International Bond, Senior Notes | &nbsp;&nbsp; 6.950% | &nbsp;&nbsp; 11/20/29 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 3012000<br> <sup>(b)</sup><br>|
| *Total Bahamas* | *Total Bahamas* | *Total Bahamas* | *Total Bahamas* | &nbsp;&nbsp; *11560000* |
| *Bahrain — 2.6%* | *Bahrain — 2.6%* | *Bahrain — 2.6%* | *Bahrain — 2.6%* | *Bahrain — 2.6%* |
| &nbsp;&nbsp;&nbsp; Bahrain Government International Bond, Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 10/12/28 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1995520<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bahrain Government International Bond, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 9/30/31 | &nbsp;&nbsp; 7000000<br>| &nbsp;&nbsp;&nbsp; 6489124<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bahrain Government International Bond, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 9/20/47 | &nbsp;&nbsp; 7400000<br>| &nbsp;&nbsp;&nbsp; 7018119<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bahrain Government International Bond, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 1/25/51 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 815621<br> <sup>(a)</sup><br>|
| *Total Bahrain* | *Total Bahrain* | *Total Bahrain* | *Total Bahrain* | &nbsp;&nbsp; *16318384* |
| *Benin — 0.5%* | *Benin — 0.5%* | *Benin — 0.5%* | *Benin — 0.5%* | *Benin — 0.5%* |
| &nbsp;&nbsp;&nbsp; Benin Government International Bond, Senior Notes | &nbsp;&nbsp; 7.960% | &nbsp;&nbsp; 2/13/38 | &nbsp;&nbsp; 3200000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *3145487*<br> <sup>(b)</sup><br>|
| *Chile — 0.6%* | *Chile — 0.6%* | *Chile — 0.6%* | *Chile — 0.6%* | *Chile — 0.6%* |
| &nbsp;&nbsp;&nbsp; Chile Government International Bond, Senior Notes | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 1/31/34 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *3617000*<br> <sup>(d)</sup><br>|
| *Colombia — 1.7%* | *Colombia — 1.7%* | *Colombia — 1.7%* | *Colombia — 1.7%* | *Colombia — 1.7%* |
| &nbsp;&nbsp;&nbsp; Colombia Government International Bond, Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 4/22/32 | &nbsp;&nbsp; 3500000<br>| &nbsp;&nbsp;&nbsp; 2925090<br>|
| &nbsp;&nbsp;&nbsp; Colombia Government International Bond, Senior Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 2/22/42 | &nbsp;&nbsp; 11500000<br>| &nbsp;&nbsp;&nbsp; 7812525<br>|
| *Total Colombia* | *Total Colombia* | *Total Colombia* | *Total Colombia* | &nbsp;&nbsp; *10737615* |
| *Costa Rica — 1.2%* | *Costa Rica — 1.2%* | *Costa Rica — 1.2%* | *Costa Rica — 1.2%* | *Costa Rica — 1.2%* |
| &nbsp;&nbsp;&nbsp; Costa Rica Government International Bond, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 2/19/31 | &nbsp;&nbsp; 1050000<br>| &nbsp;&nbsp;&nbsp; 1075694<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Costa Rica Government International Bond, Senior Notes | &nbsp;&nbsp; 7.158% | &nbsp;&nbsp; 3/12/45 | &nbsp;&nbsp; 4200000<br>| &nbsp;&nbsp;&nbsp; 4471278<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Costa Rica Government International Bond, Senior Notes | &nbsp;&nbsp; 7.300% | &nbsp;&nbsp; 11/13/54 | &nbsp;&nbsp; 1800000<br>| &nbsp;&nbsp;&nbsp; 1947663<br> <sup>(b)(c)</sup><br>|
| *Total Costa Rica* | *Total Costa Rica* | *Total Costa Rica* | *Total Costa Rica* | &nbsp;&nbsp; *7494635* |
| *Dominican Republic — 3.0%* | *Dominican Republic — 3.0%* | *Dominican Republic — 3.0%* | *Dominican Republic — 3.0%* | *Dominican Republic — 3.0%* |
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 7/19/28 | &nbsp;&nbsp; 3200000<br>| &nbsp;&nbsp;&nbsp; 3229760<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, Senior Notes | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 9/23/32 | &nbsp;&nbsp; 3800000<br>| &nbsp;&nbsp;&nbsp; 3510820<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, Senior Notes | &nbsp;&nbsp; 10.500% | &nbsp;&nbsp; 3/15/37 | &nbsp;&nbsp; 85000000 <br><sup>DOP</sup><br>| &nbsp;&nbsp;&nbsp; 1457535<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, Senior Notes | &nbsp;&nbsp; 5.300% | &nbsp;&nbsp; 1/21/41 | &nbsp;&nbsp; 8000000<br>| &nbsp;&nbsp;&nbsp; 6826400<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dominican Republic International Bond, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 1/30/60 | &nbsp;&nbsp; 4400000<br>| &nbsp;&nbsp;&nbsp; 3686980<br> <sup>(a)(c)</sup><br>|
| *Total Dominican Republic* | *Total Dominican Republic* | *Total Dominican Republic* | *Total Dominican Republic* | &nbsp;&nbsp; *18711495* |

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Ecuador — 2.2%* | *Ecuador — 2.2%* | *Ecuador — 2.2%* | *Ecuador — 2.2%* | *Ecuador — 2.2%* |
| &nbsp;&nbsp;&nbsp; Ecuador Government International Bond, Senior Notes | &nbsp;&nbsp; 6.900% | &nbsp;&nbsp; 7/31/35 | &nbsp;&nbsp; 4760000<br>| &nbsp;&nbsp;&nbsp; $4203937<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ecuador Government International Bond, Senior Notes, Step bond <br> (5.000% to 7/31/26 then 5.500%) | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 7/31/40 | &nbsp;&nbsp; 12680000<br>| &nbsp;&nbsp;&nbsp; 9953800<br> <sup>(b)</sup><br>|
| *Total Ecuador* | *Total Ecuador* | *Total Ecuador* | *Total Ecuador* | &nbsp;&nbsp; *14157737* |
| *Egypt — 2.8%* | *Egypt — 2.8%* | *Egypt — 2.8%* | *Egypt — 2.8%* | *Egypt — 2.8%* |
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, Senior Notes | &nbsp;&nbsp; 5.800% | &nbsp;&nbsp; 9/30/27 | &nbsp;&nbsp; 640000<br>| &nbsp;&nbsp;&nbsp; 632707<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, Senior Notes | &nbsp;&nbsp; 6.588% | &nbsp;&nbsp; 2/21/28 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1992823<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 2/16/31 | &nbsp;&nbsp; 5000000<br>| &nbsp;&nbsp;&nbsp; 4612936<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, Senior Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 5/29/32 | &nbsp;&nbsp; 1600000<br>| &nbsp;&nbsp;&nbsp; 1547432<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Egypt Government International Bond, Senior Notes | &nbsp;&nbsp; 7.903% | &nbsp;&nbsp; 2/21/48 | &nbsp;&nbsp; 10560000<br>| &nbsp;&nbsp;&nbsp; 8619606<br> <sup>(a)</sup><br>|
| *Total Egypt* | *Total Egypt* | *Total Egypt* | *Total Egypt* | &nbsp;&nbsp; *17405504* |
| *El Salvador — 1.1%* | *El Salvador — 1.1%* | *El Salvador — 1.1%* | *El Salvador — 1.1%* | *El Salvador — 1.1%* |
| &nbsp;&nbsp;&nbsp; El Salvador Government International Bond, Senior Notes | &nbsp;&nbsp; 0.250% | &nbsp;&nbsp; 4/17/30 | &nbsp;&nbsp; 6250000<br>| &nbsp;&nbsp;&nbsp; 240424<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; El Salvador Government International Bond, Senior Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 4/17/30 | &nbsp;&nbsp; 6250000<br>| &nbsp;&nbsp;&nbsp; 6509000<br> <sup>(b)(c)</sup><br>|
| *Total El Salvador* | *Total El Salvador* | *Total El Salvador* | *Total El Salvador* | &nbsp;&nbsp; *6749424* |
| *Ethiopia — 1.8%* | *Ethiopia — 1.8%* | *Ethiopia — 1.8%* | *Ethiopia — 1.8%* | *Ethiopia — 1.8%* |
| &nbsp;&nbsp;&nbsp; Ethiopia International Bond, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 12/11/26 | &nbsp;&nbsp; 10900000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *11165231*<br> <sup>(a)(e)</sup><br>|
| *Gabon — 0.3%* | *Gabon — 0.3%* | *Gabon — 0.3%* | *Gabon — 0.3%* | *Gabon — 0.3%* |
| &nbsp;&nbsp;&nbsp; Gabon Government International Bond, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 2/6/31 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1675274*<br> <sup>(a)</sup><br>|
| *Ghana — 0.4%* | *Ghana — 0.4%* | *Ghana — 0.4%* | *Ghana — 0.4%* | *Ghana — 0.4%* |
| &nbsp;&nbsp;&nbsp; Ghana Government International Bond, Senior Notes, Step bond (5.000% <br> to 7/3/28 then 6.000%) | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 7/3/29 | &nbsp;&nbsp; 2562313<br>| &nbsp;&nbsp;&nbsp;&nbsp; *2449445*<br> <sup>(b)(c)</sup><br>|
| *Guatemala — 1.2%* | *Guatemala — 1.2%* | *Guatemala — 1.2%* | *Guatemala — 1.2%* | *Guatemala — 1.2%* |
| &nbsp;&nbsp;&nbsp; Guatemala Government Bond, Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 4/24/32 | &nbsp;&nbsp; 4300000<br>| &nbsp;&nbsp;&nbsp; 4261300<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Guatemala Government Bond, Senior Notes | &nbsp;&nbsp; 6.600% | &nbsp;&nbsp; 6/13/36 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 3157500<br> <sup>(b)(c)</sup><br>|
| *Total Guatemala* | *Total Guatemala* | *Total Guatemala* | *Total Guatemala* | &nbsp;&nbsp; *7418800* |
| *Hungary — 2.1%* | *Hungary — 2.1%* | *Hungary — 2.1%* | *Hungary — 2.1%* | *Hungary — 2.1%* |
| &nbsp;&nbsp;&nbsp; Hungary Government International Bond, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 3/26/36 | &nbsp;&nbsp; 11000000<br>| &nbsp;&nbsp;&nbsp; 10734095<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Hungary Government International Bond, Senior Notes | &nbsp;&nbsp; 3.125% | &nbsp;&nbsp; 9/21/51 | &nbsp;&nbsp; 1300000<br>| &nbsp;&nbsp;&nbsp; 777248<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Magyar Export-Import Bank Zrt, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 12/4/27 | &nbsp;&nbsp; 1900000<br>| &nbsp;&nbsp;&nbsp; 1922625<br> <sup>(b)(c)</sup><br>|
| *Total Hungary* | *Total Hungary* | *Total Hungary* | *Total Hungary* | &nbsp;&nbsp; *13433968* |
| *Indonesia — 1.3%* | *Indonesia — 1.3%* | *Indonesia — 1.3%* | *Indonesia — 1.3%* | *Indonesia — 1.3%* |
| &nbsp;&nbsp;&nbsp; Indonesia Government International Bond, Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 2/17/37 | &nbsp;&nbsp; 3210000<br>| &nbsp;&nbsp;&nbsp; 3494487<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Indonesia Government International Bond, Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 1/17/42 | &nbsp;&nbsp; 5000000<br>| &nbsp;&nbsp;&nbsp; 4790833<br> <sup>(b)(d)</sup><br>|
| *Total Indonesia* | *Total Indonesia* | *Total Indonesia* | *Total Indonesia* | &nbsp;&nbsp; *8285320* |
| *Ivory Coast — 3.0%* | *Ivory Coast — 3.0%* | *Ivory Coast — 3.0%* | *Ivory Coast — 3.0%* | *Ivory Coast — 3.0%* |
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 3/22/30 | &nbsp;&nbsp; 4800000 <br><sup>EUR</sup><br>| &nbsp;&nbsp;&nbsp; 5485710<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, Senior Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 1/30/33 | &nbsp;&nbsp; 3910000<br>| &nbsp;&nbsp;&nbsp; 3983664<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 6/15/33 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp; 2361352<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 6/15/33 | &nbsp;&nbsp; 1200000<br>| &nbsp;&nbsp;&nbsp; 1133449<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ivory Coast Government International Bond, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 2/25/41 | &nbsp;&nbsp; 7000000<br>| &nbsp;&nbsp;&nbsp; 6164400<br> <sup>(b)(c)</sup><br>|
| *Total Ivory Coast* | *Total Ivory Coast* | *Total Ivory Coast* | *Total Ivory Coast* | &nbsp;&nbsp; *19128575* |
| *Jamaica — 0.6%* | *Jamaica — 0.6%* | *Jamaica — 0.6%* | *Jamaica — 0.6%* | *Jamaica — 0.6%* |
| &nbsp;&nbsp;&nbsp; Jamaica Government International Bond, Senior Notes | &nbsp;&nbsp; 9.625% | &nbsp;&nbsp; 11/3/30 | &nbsp;&nbsp; 617000000 <br><sup>JMD</sup><br>| &nbsp;&nbsp;&nbsp; *4117009*<br>|
| *Jordan — 2.3%* | *Jordan — 2.3%* | *Jordan — 2.3%* | *Jordan — 2.3%* | *Jordan — 2.3%* |
| &nbsp;&nbsp;&nbsp; Jordan Government International Bond, Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 1/15/28 | &nbsp;&nbsp; 3120000<br>| &nbsp;&nbsp;&nbsp; 3188856<br> <sup>(b)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Jordan — continued* | *Jordan — continued* | *Jordan — continued* | *Jordan — continued* | *Jordan — continued* |
| &nbsp;&nbsp;&nbsp; Jordan Government International Bond, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 1/13/29 | &nbsp;&nbsp; 1600000<br>| &nbsp;&nbsp;&nbsp; $1645158<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jordan Government International Bond, Senior Notes | &nbsp;&nbsp; 5.850% | &nbsp;&nbsp; 7/7/30 | &nbsp;&nbsp; 6350000<br>| &nbsp;&nbsp;&nbsp; 6262492<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jordan Government International Bond, Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 10/10/47 | &nbsp;&nbsp; 3820000<br>| &nbsp;&nbsp;&nbsp; 3594514<br> <sup>(b)</sup><br>|
| *Total Jordan* | *Total Jordan* | *Total Jordan* | *Total Jordan* | &nbsp;&nbsp; *14691020* |
| *Kenya — 0.9%* | *Kenya — 0.9%* | *Kenya — 0.9%* | *Kenya — 0.9%* | *Kenya — 0.9%* |
| &nbsp;&nbsp;&nbsp; Republic of Kenya Government International Bond, Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 2/28/28 | &nbsp;&nbsp; 4680000<br>| &nbsp;&nbsp;&nbsp; 4653032<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Republic of Kenya Government International Bond, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 5/22/32 | &nbsp;&nbsp; 900000<br>| &nbsp;&nbsp;&nbsp; 867893<br> <sup>(a)</sup><br>|
| *Total Kenya* | *Total Kenya* | *Total Kenya* | *Total Kenya* | &nbsp;&nbsp; *5520925* |
| *Mexico — 1.2%* | *Mexico — 1.2%* | *Mexico — 1.2%* | *Mexico — 1.2%* | *Mexico — 1.2%* |
| &nbsp;&nbsp;&nbsp; Eagle Funding Luxco Sarl, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 8/17/30 | &nbsp;&nbsp; 1400000<br>| &nbsp;&nbsp;&nbsp; 1409100<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mexican Bonos, Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 11/18/38 | &nbsp;&nbsp; 119570000 <br><sup>MXN</sup><br>| &nbsp;&nbsp;&nbsp; 6139303<br>|
| *Total Mexico* | *Total Mexico* | *Total Mexico* | *Total Mexico* | &nbsp;&nbsp; *7548403* |
| *Mozambique — 0.2%* | *Mozambique — 0.2%* | *Mozambique — 0.2%* | *Mozambique — 0.2%* | *Mozambique — 0.2%* |
| &nbsp;&nbsp;&nbsp; Mozambique International Bond, Senior Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/15/31 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1503810*<br> <sup>(a)</sup><br>|
| *Nigeria — 2.5%* | *Nigeria — 2.5%* | *Nigeria — 2.5%* | *Nigeria — 2.5%* | *Nigeria — 2.5%* |
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 9/28/28 | &nbsp;&nbsp; 1820000<br>| &nbsp;&nbsp;&nbsp; 1810134<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond, Senior Notes | &nbsp;&nbsp; 8.375% | &nbsp;&nbsp; 3/24/29 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1577824<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond, Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 2/16/32 | &nbsp;&nbsp; 2600000<br>| &nbsp;&nbsp;&nbsp; 2636338<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Nigeria Government International Bond, Senior Notes | &nbsp;&nbsp; 7.696% | &nbsp;&nbsp; 2/23/38 | &nbsp;&nbsp; 9930000<br>| &nbsp;&nbsp;&nbsp; 9609131<br> <sup>(a)</sup><br>|
| *Total Nigeria* | *Total Nigeria* | *Total Nigeria* | *Total Nigeria* | &nbsp;&nbsp; *15633427* |
| *Oman — 2.3%* | *Oman — 2.3%* | *Oman — 2.3%* | *Oman — 2.3%* | *Oman — 2.3%* |
| &nbsp;&nbsp;&nbsp; Oman Government International Bond, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 1/17/28 | &nbsp;&nbsp; 7500000<br>| &nbsp;&nbsp;&nbsp; 7596354<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Oman Government International Bond, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 1/17/48 | &nbsp;&nbsp; 6500000<br>| &nbsp;&nbsp;&nbsp; 6773303<br> <sup>(a)</sup><br>|
| *Total Oman* | *Total Oman* | *Total Oman* | *Total Oman* | &nbsp;&nbsp; *14369657* |
| *Panama — 1.1%* | *Panama — 1.1%* | *Panama — 1.1%* | *Panama — 1.1%* | *Panama — 1.1%* |
| &nbsp;&nbsp;&nbsp; Panama Government International Bond, Senior Notes | &nbsp;&nbsp; 9.375% | &nbsp;&nbsp; 4/1/29 | &nbsp;&nbsp; 910000<br>| &nbsp;&nbsp;&nbsp; 1026098<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Panama Government International Bond, Senior Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 4/16/50 | &nbsp;&nbsp; 2430000<br>| &nbsp;&nbsp;&nbsp; 1852389<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Panama Government International Bond, Senior Notes | &nbsp;&nbsp; 3.870% | &nbsp;&nbsp; 7/23/60 | &nbsp;&nbsp; 6700000<br>| &nbsp;&nbsp;&nbsp; 4377043<br> <sup>(c)</sup><br>|
| *Total Panama* | *Total Panama* | *Total Panama* | *Total Panama* | &nbsp;&nbsp; *7255530* |
| *Paraguay — 1.2%* | *Paraguay — 1.2%* | *Paraguay — 1.2%* | *Paraguay — 1.2%* | *Paraguay — 1.2%* |
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond, Senior Notes | &nbsp;&nbsp; 7.900% | &nbsp;&nbsp; 2/9/31 | &nbsp;&nbsp; 22024000000 <br><sup>PYG</sup><br>| &nbsp;&nbsp;&nbsp; 3344982<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond, Senior Notes | &nbsp;&nbsp; 2.739% | &nbsp;&nbsp; 1/29/33 | &nbsp;&nbsp; 1900000<br>| &nbsp;&nbsp;&nbsp; 1673425<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Paraguay Government International Bond, Senior Notes | &nbsp;&nbsp; 6.650% | &nbsp;&nbsp; 3/4/55 | &nbsp;&nbsp; 2220000<br>| &nbsp;&nbsp;&nbsp; 2309688<br> <sup>(b)(c)</sup><br>|
| *Total Paraguay* | *Total Paraguay* | *Total Paraguay* | *Total Paraguay* | &nbsp;&nbsp; *7328095* |
| *Peru — 1.1%* | *Peru — 1.1%* | *Peru — 1.1%* | *Peru — 1.1%* | *Peru — 1.1%* |
| &nbsp;&nbsp;&nbsp; Peruvian Government International Bond, Senior Notes | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 11/21/33 | &nbsp;&nbsp; 5498000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *6659178*<br> <sup>(c)</sup><br>|
| *Poland — 2.1%* | *Poland — 2.1%* | *Poland — 2.1%* | *Poland — 2.1%* | *Poland — 2.1%* |
| &nbsp;&nbsp;&nbsp; Bank Gospodarstwa Krajowego, Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 5/22/33 | &nbsp;&nbsp; 6300000<br>| &nbsp;&nbsp;&nbsp; 6389542<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Republic of Poland Government International Bond, Senior Notes | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 10/4/33 | &nbsp;&nbsp; 7000000<br>| &nbsp;&nbsp;&nbsp; 7011834<br> <sup>(d)</sup><br>|
| *Total Poland* | *Total Poland* | *Total Poland* | *Total Poland* | &nbsp;&nbsp; *13401376* |
| *Qatar — 2.1%* | *Qatar — 2.1%* | *Qatar — 2.1%* | *Qatar — 2.1%* | *Qatar — 2.1%* |
| &nbsp;&nbsp;&nbsp; Qatar Government International Bond, Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 6/2/46 | &nbsp;&nbsp; 10000000<br>| &nbsp;&nbsp;&nbsp; 8649265<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Qatar Government International Bond, Senior Notes | &nbsp;&nbsp; 5.103% | &nbsp;&nbsp; 4/23/48 | &nbsp;&nbsp; 4920000<br>| &nbsp;&nbsp;&nbsp; 4547963<br> <sup>(b)(c)</sup><br>|
| *Total Qatar* | *Total Qatar* | *Total Qatar* | *Total Qatar* | &nbsp;&nbsp; *13197228* |
| *Romania — 3.4%* | *Romania — 3.4%* | *Romania — 3.4%* | *Romania — 3.4%* | *Romania — 3.4%* |
| &nbsp;&nbsp;&nbsp; Romanian Government International Bond, Senior Notes | &nbsp;&nbsp; 3.625% | &nbsp;&nbsp; 3/27/32 | &nbsp;&nbsp; 16840000<br>| &nbsp;&nbsp;&nbsp; 14808089<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Romania — continued* | *Romania — continued* | *Romania — continued* | *Romania — continued* | *Romania — continued* |
| &nbsp;&nbsp;&nbsp; Romanian Government International Bond, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 2/10/37 | &nbsp;&nbsp; 6200000<br>| &nbsp;&nbsp;&nbsp; $6562166<br> <sup>(b)(c)</sup><br>|
| *Total Romania* | *Total Romania* | *Total Romania* | *Total Romania* | &nbsp;&nbsp; *21370255* |
| *Saudi Arabia — 0.3%* | *Saudi Arabia — 0.3%* | *Saudi Arabia — 0.3%* | *Saudi Arabia — 0.3%* | *Saudi Arabia — 0.3%* |
| &nbsp;&nbsp;&nbsp; Saudi Government International Bond, Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 10/4/47 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *2062023*<br> <sup>(a)</sup><br>|
| *Senegal — 0.2%* | *Senegal — 0.2%* | *Senegal — 0.2%* | *Senegal — 0.2%* | *Senegal — 0.2%* |
| &nbsp;&nbsp;&nbsp; Senegal Government International Bond, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 5/23/33 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1070284*<br> <sup>(a)</sup><br>|
| *South Africa — 1.9%* | *South Africa — 1.9%* | *South Africa — 1.9%* | *South Africa — 1.9%* | *South Africa — 1.9%* |
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government Bond | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 3/31/36 | &nbsp;&nbsp; 35700000 <br><sup>ZAR</sup><br>| &nbsp;&nbsp;&nbsp; 1695656<br>|
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government Bond | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 2/28/41 | &nbsp;&nbsp; 93920000 <br><sup>ZAR</sup><br>| &nbsp;&nbsp;&nbsp; 4151842<br>|
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government International Bond, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 12/11/37 | &nbsp;&nbsp; 1250000<br>| &nbsp;&nbsp;&nbsp; 1161250<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government International Bond, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 10/12/46 | &nbsp;&nbsp; 5000000<br>| &nbsp;&nbsp;&nbsp; 3607744<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Republic of South Africa Government International Bond, Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 9/30/49 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1548874<br> <sup>(c)</sup><br>|
| *Total South Africa* | *Total South Africa* | *Total South Africa* | *Total South Africa* | &nbsp;&nbsp; *12165366* |
| *South Korea — 0.2%* | *South Korea — 0.2%* | *South Korea — 0.2%* | *South Korea — 0.2%* | *South Korea — 0.2%* |
| &nbsp;&nbsp;&nbsp; Korea Housing Finance Corp., Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 9/17/30 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *984435*<br> <sup>(b)</sup><br>|
| *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* | *Sri Lanka — 0.1%* |
| &nbsp;&nbsp;&nbsp; Sri Lanka Government International Bond, Senior Notes, Step bond <br> (3.100% to 7/15/27 then 3.350%) | &nbsp;&nbsp; 3.100% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 517950<br>| &nbsp;&nbsp;&nbsp;&nbsp; *476526*<br> <sup>(b)</sup><br>|
| *Supranational — 4.6%* | *Supranational — 4.6%* | *Supranational — 4.6%* | *Supranational — 4.6%* | *Supranational — 4.6%* |
| &nbsp;&nbsp;&nbsp; Africa Finance Corp., Senior Notes | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 10/30/29 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2846096<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; African Export-Import Bank, Senior Notes | &nbsp;&nbsp; 2.634% | &nbsp;&nbsp; 5/17/26 | &nbsp;&nbsp; 3100000<br>| &nbsp;&nbsp;&nbsp; 3097874<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; African Export-Import Bank, Senior Notes | &nbsp;&nbsp; 3.798% | &nbsp;&nbsp; 5/17/31 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2673523<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Asian Development Bank, Senior Notes | &nbsp;&nbsp; 30.000% | &nbsp;&nbsp; 7/29/26 | &nbsp;&nbsp; 223720000 <br><sup>TRY</sup><br>| &nbsp;&nbsp;&nbsp; 4593005<br>|
| &nbsp;&nbsp;&nbsp; Asian Development Bank, Senior Notes | &nbsp;&nbsp; 20.750% | &nbsp;&nbsp; 8/27/26 | &nbsp;&nbsp; 5000000000 <br><sup>NGN</sup><br>| &nbsp;&nbsp;&nbsp; 3577579<br>|
| &nbsp;&nbsp;&nbsp; European Bank for Reconstruction & Development, Senior Notes | &nbsp;&nbsp; 21.000% | &nbsp;&nbsp; 7/21/26 | &nbsp;&nbsp; 2850000000 <br><sup>NGN</sup><br>| &nbsp;&nbsp;&nbsp; 2069112<br>|
| &nbsp;&nbsp;&nbsp; Inter-American Development Bank, Senior Notes | &nbsp;&nbsp; 6.650% | &nbsp;&nbsp; 2/6/31 | &nbsp;&nbsp; 1000000000 <br><sup>CRC</sup><br>| &nbsp;&nbsp;&nbsp; 2092861<br>|
| &nbsp;&nbsp;&nbsp; International Bank for Reconstruction & Development, Senior Notes | &nbsp;&nbsp; 8.050% | &nbsp;&nbsp; 5/10/28 | &nbsp;&nbsp; 312500000 <br><sup>UYU</sup><br>| &nbsp;&nbsp;&nbsp; 7747782<br>|
| *Total Supranational* | *Total Supranational* | *Total Supranational* | *Total Supranational* | &nbsp;&nbsp; *28697832* |
| *Turkey — 1.9%* | *Turkey — 1.9%* | *Turkey — 1.9%* | *Turkey — 1.9%* | *Turkey — 1.9%* |
| &nbsp;&nbsp;&nbsp; Turkiye Government International Bond, Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 2/17/28 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 3949027<br>|
| &nbsp;&nbsp;&nbsp; Turkiye Government International Bond, Senior Notes | &nbsp;&nbsp; 9.375% | &nbsp;&nbsp; 3/14/29 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 3241419<br>|
| &nbsp;&nbsp;&nbsp; Turkiye Government International Bond, Senior Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 5/15/34 | &nbsp;&nbsp; 3040000<br>| &nbsp;&nbsp;&nbsp; 3095011<br>|
| &nbsp;&nbsp;&nbsp; Turkiye Government International Bond, Senior Notes | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 4/16/43 | &nbsp;&nbsp; 2160000<br>| &nbsp;&nbsp;&nbsp; 1520880<br>|
| *Total Turkey* | *Total Turkey* | *Total Turkey* | *Total Turkey* | &nbsp;&nbsp; *11806337* |
| *Ukraine — 1.9%* | *Ukraine — 1.9%* | *Ukraine — 1.9%* | *Ukraine — 1.9%* | *Ukraine — 1.9%* |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond <br> (0.000% to 2/1/27 then 3.000%) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 807487<br>| &nbsp;&nbsp;&nbsp; 474907<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond <br> (0.000% to 2/1/27 then 3.000%) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 2/1/34 | &nbsp;&nbsp; 3017457<br>| &nbsp;&nbsp;&nbsp; 1297417<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond <br> (4.500% to 2/1/27 then 6.000%) | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 2/1/34 | &nbsp;&nbsp; 6686005<br>| &nbsp;&nbsp;&nbsp; 3579976<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond <br> (0.000% to 2/1/27 then 3.000%) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 2/1/35 | &nbsp;&nbsp; 2549964<br>| &nbsp;&nbsp;&nbsp; 1190227<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond <br> (4.500% to 2/1/27 then 6.000%) | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 2/1/35 | &nbsp;&nbsp; 4258403<br>| &nbsp;&nbsp;&nbsp; 2243300<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond <br> (0.000% to 2/1/27 then 3.000%) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 2/1/36 | &nbsp;&nbsp; 2124969<br>| &nbsp;&nbsp;&nbsp; 992040<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Ukraine — continued* | *Ukraine — continued* | *Ukraine — continued* | *Ukraine — continued* | *Ukraine — continued* |
| &nbsp;&nbsp;&nbsp; Ukraine Government International Bond, Senior Notes, Step bond <br> (4.500% to 2/1/27 then 6.000%) | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 2/1/36 | &nbsp;&nbsp; 3837998<br>| &nbsp;&nbsp;&nbsp; $1984097<br> <sup>(a)</sup><br>|
| *Total Ukraine* | *Total Ukraine* | *Total Ukraine* | *Total Ukraine* | &nbsp;&nbsp; *11761964* |
| *Uruguay — 2.2%* | *Uruguay — 2.2%* | *Uruguay — 2.2%* | *Uruguay — 2.2%* | *Uruguay — 2.2%* |
| &nbsp;&nbsp;&nbsp; Uruguay Government International Bond, Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 10/28/34 | &nbsp;&nbsp; 10408526<br>| &nbsp;&nbsp;&nbsp; 10890441<br> <sup>(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Uruguay Government International Bond, Senior Notes | &nbsp;&nbsp; 5.100% | &nbsp;&nbsp; 6/18/50 | &nbsp;&nbsp; 3260000<br>| &nbsp;&nbsp;&nbsp; 2998874<br> <sup>(c)</sup><br>|
| *Total Uruguay* | *Total Uruguay* | *Total Uruguay* | *Total Uruguay* | &nbsp;&nbsp; *13889315* |
| *Uzbekistan — 1.1%* | *Uzbekistan — 1.1%* | *Uzbekistan — 1.1%* | *Uzbekistan — 1.1%* | *Uzbekistan — 1.1%* |
| &nbsp;&nbsp;&nbsp; Republic of Uzbekistan International Bond, Senior Notes | &nbsp;&nbsp; 3.700% | &nbsp;&nbsp; 11/25/30 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 3644779<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Republic of Uzbekistan International Bond, Senior Notes | &nbsp;&nbsp; 3.900% | &nbsp;&nbsp; 10/19/31 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1810034<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Republic of Uzbekistan International Bond, Senior Notes | &nbsp;&nbsp; 6.900% | &nbsp;&nbsp; 2/28/32 | &nbsp;&nbsp; 1560000<br>| &nbsp;&nbsp;&nbsp; 1630654<br> <sup>(b)</sup><br>|
| *Total Uzbekistan* | *Total Uzbekistan* | *Total Uzbekistan* | *Total Uzbekistan* | &nbsp;&nbsp; *7085467* |
| *Venezuela — 2.3%* | *Venezuela — 2.3%* | *Venezuela — 2.3%* | *Venezuela — 2.3%* | *Venezuela — 2.3%* |
| &nbsp;&nbsp;&nbsp; Venezuela Government International Bond, Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 10/13/26 | &nbsp;&nbsp; 22130000<br>| &nbsp;&nbsp;&nbsp; 9,128,625<br> \*<sup>(a)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venezuela Government International Bond, Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 10/13/26 | &nbsp;&nbsp; 7000000<br>| &nbsp;&nbsp;&nbsp; 3,020,500<br> \*<sup>(a)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venezuela Government International Bond, Senior Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 9/15/27 | &nbsp;&nbsp; 4205000<br>| &nbsp;&nbsp;&nbsp; 2,018,400<br> \*<sup>(e)</sup><br>|
| *Total Venezuela* | *Total Venezuela* | *Total Venezuela* | *Total Venezuela* | &nbsp;&nbsp; *14167525* |
| **Total Sovereign Bonds (Cost — $428,022,793)** | **Total Sovereign Bonds (Cost — $428,022,793)** | **Total Sovereign Bonds (Cost — $428,022,793)** | **Total Sovereign Bonds (Cost — $428,022,793)** | &nbsp;&nbsp; **461953835** |
| **Corporate Bonds & Notes — 55.8%** | **Corporate Bonds & Notes — 55.8%** | **Corporate Bonds & Notes — 55.8%** | **Corporate Bonds & Notes — 55.8%** | **Corporate Bonds & Notes — 55.8%** |
| **Communication Services — 3.9%** | **Communication Services — 3.9%** | **Communication Services — 3.9%** | **Communication Services — 3.9%** | **Communication Services — 3.9%** |
| *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* | *Diversified Telecommunication Services — 2.2%* |
| &nbsp;&nbsp;&nbsp; Altice Financing SA, Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1402422<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; IHS Holding Ltd., Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 5/29/30 | &nbsp;&nbsp; 2160000<br>| &nbsp;&nbsp;&nbsp; 2190359<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Telecom Argentina SA, Senior Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 5/28/33 | &nbsp;&nbsp; 6150000<br>| &nbsp;&nbsp;&nbsp; 6373045<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Turk Telekomunikasyon AS, Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 5/20/29 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 4044869<br> <sup>(b)</sup><br>|
| *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | *Total Diversified Telecommunication Services* | &nbsp;&nbsp; *14010695* |
| *Entertainment — 0.4%* | *Entertainment — 0.4%* | *Entertainment — 0.4%* | *Entertainment — 0.4%* | *Entertainment — 0.4%* |
| &nbsp;&nbsp;&nbsp; Discovery Global Holdings Inc., Senior Notes | &nbsp;&nbsp; 4.279% | &nbsp;&nbsp; 3/15/32 | &nbsp;&nbsp; 871000<br>| &nbsp;&nbsp;&nbsp; 771923<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 6/4/31 | &nbsp;&nbsp; 1800000<br>| &nbsp;&nbsp;&nbsp; 1784700<br> <sup>(b)(c)</sup><br>|
| *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | &nbsp;&nbsp; *2556623* |
| *Media — 1.0%* | *Media — 1.0%* | *Media — 1.0%* | *Media — 1.0%* | *Media — 1.0%* |
| &nbsp;&nbsp;&nbsp; Grupo Televisa SAB, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 5/13/45 | &nbsp;&nbsp; 9850000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *6125804*<br> <sup>(c)</sup><br>|
| *Wireless Telecommunication Services — 0.3%* | *Wireless Telecommunication Services — 0.3%* | *Wireless Telecommunication Services — 0.3%* | *Wireless Telecommunication Services — 0.3%* | *Wireless Telecommunication Services — 0.3%* |
| &nbsp;&nbsp;&nbsp; Millicom International Cellular SA, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 3/25/29 | &nbsp;&nbsp; 1638900<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1633878*<br> <sup>(b)(c)</sup><br>|
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **24327000** |
| **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** | **Consumer Discretionary — 5.7%** |
| *Automobile Components — 1.0%* | *Automobile Components — 1.0%* | *Automobile Components — 1.0%* | *Automobile Components — 1.0%* | *Automobile Components — 1.0%* |
| &nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd., Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 2250000<br>| &nbsp;&nbsp;&nbsp; 2335295<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 4/14/30 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp; 2466818<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 4/23/30 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1452123<br> <sup>(b)(c)</sup><br>|
| *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | &nbsp;&nbsp; *6254236* |
| *Automobiles — 0.2%* | *Automobiles — 0.2%* | *Automobiles — 0.2%* | *Automobiles — 0.2%* | *Automobiles — 0.2%* |
| &nbsp;&nbsp;&nbsp; Hyundai Capital Services Inc., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 1/22/28 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1519761*<br> <sup>(a)(c)</sup><br>|
| *Broadline Retail — 1.3%* | *Broadline Retail — 1.3%* | *Broadline Retail — 1.3%* | *Broadline Retail — 1.3%* | *Broadline Retail — 1.3%* |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd., Senior Notes | &nbsp;&nbsp; 2.125% | &nbsp;&nbsp; 2/9/31 | &nbsp;&nbsp; 1600000<br>| &nbsp;&nbsp;&nbsp; 1446878<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Prosus NV, Senior Notes | &nbsp;&nbsp; 3.257% | &nbsp;&nbsp; 1/19/27 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1974803<br> <sup>(b)(c)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Broadline Retail — continued* | *Broadline Retail — continued* | *Broadline Retail — continued* | *Broadline Retail — continued* | *Broadline Retail — continued* |
| &nbsp;&nbsp;&nbsp; Prosus NV, Senior Notes | &nbsp;&nbsp; 3.680% | &nbsp;&nbsp; 1/21/30 | &nbsp;&nbsp; 3200000<br>| &nbsp;&nbsp;&nbsp; $3031896<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Prosus NV, Senior Notes | &nbsp;&nbsp; 3.061% | &nbsp;&nbsp; 7/13/31 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1792853<br> <sup>(b)(c)</sup><br>|
| *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | &nbsp;&nbsp; *8246430* |
| *Hotels, Restaurants & Leisure — 3.2%* | *Hotels, Restaurants & Leisure — 3.2%* | *Hotels, Restaurants & Leisure — 3.2%* | *Hotels, Restaurants & Leisure — 3.2%* | *Hotels, Restaurants & Leisure — 3.2%* |
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 6/15/28 | &nbsp;&nbsp; 3500000<br>| &nbsp;&nbsp;&nbsp; 3546272<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 3.900% | &nbsp;&nbsp; 8/8/29 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1446228<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Las Vegas Sands Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 6/14/30 | &nbsp;&nbsp; 1290000<br>| &nbsp;&nbsp;&nbsp; 1327465<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Melco Resorts Finance Ltd., Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 12/4/29 | &nbsp;&nbsp; 4500000<br>| &nbsp;&nbsp;&nbsp; 4325975<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Melco Resorts Finance Ltd., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 9/24/33 | &nbsp;&nbsp; 2830000<br>| &nbsp;&nbsp;&nbsp; 2718727<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sands China Ltd., Senior Notes | &nbsp;&nbsp; 5.400% | &nbsp;&nbsp; 8/8/28 | &nbsp;&nbsp; 2700000<br>| &nbsp;&nbsp;&nbsp; 2721919<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wynn Macau Ltd., Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 10/1/27 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2972533<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Wynn Macau Ltd., Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 12/15/29 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 719753<br> <sup>(b)(c)</sup><br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *19778872* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **35799299** |
| **Consumer Staples — 1.6%** | **Consumer Staples — 1.6%** | **Consumer Staples — 1.6%** | **Consumer Staples — 1.6%** | **Consumer Staples — 1.6%** |
| *Beverages — 0.5%* | *Beverages — 0.5%* | *Beverages — 0.5%* | *Beverages — 0.5%* | *Beverages — 0.5%* |
| &nbsp;&nbsp;&nbsp; Central American Bottling Corp./CBC Bottling Holdco SL/Beliv Holdco SL, <br> Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 4/27/29 | &nbsp;&nbsp; 3130000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *3048069*<br> <sup>(b)(c)</sup><br>|
| *Food Products — 0.8%* | *Food Products — 0.8%* | *Food Products — 0.8%* | *Food Products — 0.8%* | *Food Products — 0.8%* |
| &nbsp;&nbsp;&nbsp; Grupo Nutresa SA, Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 5/12/30 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 3180750<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ulker Biskuvi Sanayi AS, Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 7/8/31 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2021294<br> <sup>(b)</sup><br>|
| *Total Food Products* | *Total Food Products* | *Total Food Products* | *Total Food Products* | &nbsp;&nbsp; *5202044* |
| *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* | *Personal Care Products — 0.3%* |
| &nbsp;&nbsp;&nbsp; Natura &Co. Luxembourg Holdings Sarl, Senior Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 5/3/28 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1892786*<br> <sup>(a)(c)</sup><br>|
| **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | **Total Consumer Staples** | &nbsp;&nbsp; **10142899** |
| **Energy — 18.2%** | **Energy — 18.2%** | **Energy — 18.2%** | **Energy — 18.2%** | **Energy — 18.2%** |
| *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* | *Energy Equipment & Services — 0.5%* |
| &nbsp;&nbsp;&nbsp; Yinson Boronia Production BV, Senior Secured Notes | &nbsp;&nbsp; 8.947% | &nbsp;&nbsp; 7/31/42 | &nbsp;&nbsp; 2914380<br>| &nbsp;&nbsp;&nbsp;&nbsp; *3181163*<br> <sup>(b)(c)</sup><br>|
| *Oil, Gas & Consumable Fuels — 17.7%* | *Oil, Gas & Consumable Fuels — 17.7%* | *Oil, Gas & Consumable Fuels — 17.7%* | *Oil, Gas & Consumable Fuels — 17.7%* | *Oil, Gas & Consumable Fuels — 17.7%* |
| &nbsp;&nbsp;&nbsp; Ecopetrol SA, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 5/28/45 | &nbsp;&nbsp; 4900000<br>| &nbsp;&nbsp;&nbsp; 3611547<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ecopetrol SA, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 11/2/51 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2115121<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; EIG Pearl Holdings Sarl, Senior Secured Notes | &nbsp;&nbsp; 3.545% | &nbsp;&nbsp; 8/31/36 | &nbsp;&nbsp; 1939832<br>| &nbsp;&nbsp;&nbsp; 1738097<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Empresa Generadora de Electricidad Haina SA, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 11/8/28 | &nbsp;&nbsp; 4250000<br>| &nbsp;&nbsp;&nbsp; 4117102<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Galaxy Pipeline Assets Bidco Ltd., Senior Secured Notes | &nbsp;&nbsp; 1.750% | &nbsp;&nbsp; 9/30/27 | &nbsp;&nbsp; 585848<br>| &nbsp;&nbsp;&nbsp; 570432<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Greensaif Pipelines Bidco Sarl, Senior Secured Notes | &nbsp;&nbsp; 5.853% | &nbsp;&nbsp; 2/23/36 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1507032<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; KazMunayGas National Co. JSC, Senior Notes | &nbsp;&nbsp; 3.500% | &nbsp;&nbsp; 4/14/33 | &nbsp;&nbsp; 16300000<br>| &nbsp;&nbsp;&nbsp; 14645854<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pertamina Persero PT, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 5/27/41 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1533111<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pertamina Persero PT, Senior Notes | &nbsp;&nbsp; 4.150% | &nbsp;&nbsp; 2/25/60 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1390247<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petrobras Global Finance BV, Senior Notes | &nbsp;&nbsp; 7.375% | &nbsp;&nbsp; 1/17/27 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 3051789<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petrobras Global Finance BV, Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 4059068<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petrobras Global Finance BV, Senior Notes | &nbsp;&nbsp; 6.850% | &nbsp;&nbsp; 6/5/2115 | &nbsp;&nbsp; 13800000<br>| &nbsp;&nbsp;&nbsp; 12566767<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos de Venezuela SA, Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 5/16/26 | &nbsp;&nbsp; 8145000<br>| &nbsp;&nbsp;&nbsp; 2,803,509<br> \*<sup>(a)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos de Venezuela SA, Senior Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 11/17/26 | &nbsp;&nbsp; 16630000<br>| &nbsp;&nbsp;&nbsp; 6,402,550<br> \*<sup>(a)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos del Peru SA, Senior Notes | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 6/19/32 | &nbsp;&nbsp; 3800000<br>| &nbsp;&nbsp;&nbsp; 3015927<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos del Peru SA, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 6/19/47 | &nbsp;&nbsp; 3300000<br>| &nbsp;&nbsp;&nbsp; 2318580<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 3/13/27 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2020424<br> <sup>(c)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* |
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos, Senior Notes | &nbsp;&nbsp; 5.350% | &nbsp;&nbsp; 2/12/28 | &nbsp;&nbsp; 15500000<br>| &nbsp;&nbsp;&nbsp; $15339398<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petroleos Mexicanos, Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 6/2/41 | &nbsp;&nbsp; 8200000<br>| &nbsp;&nbsp;&nbsp; 6922480<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Petronas Capital Ltd., Senior Notes | &nbsp;&nbsp; 2.480% | &nbsp;&nbsp; 1/28/32 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2686615<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Puma International Financing SA, Senior Notes | &nbsp;&nbsp; 7.750% | &nbsp;&nbsp; 4/25/29 | &nbsp;&nbsp; 3250000<br>| &nbsp;&nbsp;&nbsp; 3321099<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; QazaqGaz National Co. JSC, Senior Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 9/26/27 | &nbsp;&nbsp; 4200000<br>| &nbsp;&nbsp;&nbsp; 4171104<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; QazaqGaz NC JSC, Senior Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 9/26/27 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2979360<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Raizen Fuels Finance SA, Senior Notes | &nbsp;&nbsp; 6.450% | &nbsp;&nbsp; 3/5/34 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 825938<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Tengizchevroil Finance Co. International Ltd., Senior Secured Notes | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 8/15/26 | &nbsp;&nbsp; 3900000<br>| &nbsp;&nbsp;&nbsp; 3890583<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Transportadora de Gas del Peru SA, Senior Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 4/30/28 | &nbsp;&nbsp; 648000<br>| &nbsp;&nbsp;&nbsp; 644625<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Transportadora de Gas Internacional SA ESP, Senior Notes | &nbsp;&nbsp; 5.550% | &nbsp;&nbsp; 11/1/28 | &nbsp;&nbsp; 750000<br>| &nbsp;&nbsp;&nbsp; 747428<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ultrapar International SA, Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 10/6/26 | &nbsp;&nbsp; 690000<br>| &nbsp;&nbsp;&nbsp; 689715<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; YPF SA, Senior Notes | &nbsp;&nbsp; 6.950% | &nbsp;&nbsp; 7/21/27 | &nbsp;&nbsp; 1320000<br>| &nbsp;&nbsp;&nbsp; 1326011<br> <sup>(b)(c)</sup><br>|
| *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | &nbsp;&nbsp; *111011513* |
| **Total Energy** | **Total Energy** | **Total Energy** | **Total Energy** | &nbsp;&nbsp; **114192676** |
| **Financials — 5.0%** | **Financials — 5.0%** | **Financials — 5.0%** | **Financials — 5.0%** | **Financials — 5.0%** |
| *Banks — 4.4%* | *Banks — 4.4%* | *Banks — 4.4%* | *Banks — 4.4%* | *Banks — 4.4%* |
| &nbsp;&nbsp;&nbsp; Banco de Credito e Inversiones SA, Junior Subordinated Notes (8.750% <br> to 5/8/29 then 5 year Treasury Constant Maturity Rate + 4.944%) | &nbsp;&nbsp; 8.750% | &nbsp;&nbsp; 5/8/29 | &nbsp;&nbsp; 3830000<br>| &nbsp;&nbsp;&nbsp; 4029409<br> <sup>(b)(c)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Banco del Estado de Chile, Junior Subordinated Notes (7.950% to 5/2/29 <br> then 5 year Treasury Constant Maturity Rate + 3.228%) | &nbsp;&nbsp; 7.950% | &nbsp;&nbsp; 5/2/29 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2107140<br> <sup>(b)(c)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Banco Mercantil del Norte SA, Junior Subordinated Notes (5.875% to <br> 1/24/27 then 5 year Treasury Constant Maturity Rate + 4.643%) | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 1/24/27 | &nbsp;&nbsp; 2500000<br>| &nbsp;&nbsp;&nbsp; 2471084<br> <sup>(a)(c)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Banco Nacional de Panama, Senior Notes | &nbsp;&nbsp; 2.500% | &nbsp;&nbsp; 8/11/30 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 3549225<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank Leumi Le-Israel BM, Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 7/27/27 | &nbsp;&nbsp; 3300000<br>| &nbsp;&nbsp;&nbsp; 3298352<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank Leumi Le-Israel BM, Subordinated Notes (7.129% to 7/18/28 then 5 <br> year Treasury Constant Maturity Rate + 3.466%) | &nbsp;&nbsp; 7.129% | &nbsp;&nbsp; 7/18/33 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1030245<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank of East Asia Ltd., Subordinated Notes (4.875% to 4/22/27 then 5 <br> year Treasury Constant Maturity Rate + 2.300%) | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 4/22/32 | &nbsp;&nbsp; 2800000<br>| &nbsp;&nbsp;&nbsp; 2789604<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC, Junior Subordinated Notes (8.000% to 9/7/28 then 5 <br> year Treasury Constant Maturity Rate + 3.858%) | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 3/7/28 | &nbsp;&nbsp; 1800000<br>| &nbsp;&nbsp;&nbsp; 1859425<br> <sup>(c)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mizrahi Tefahot Bank Ltd., Subordinated Notes (3.077% to 4/7/26 then 5 <br> year Treasury Constant Maturity Rate + 2.250%) | &nbsp;&nbsp; 3.077% | &nbsp;&nbsp; 4/7/31 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp; 1500792<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Standard Chartered PLC, Senior Notes (2.608% to 1/12/27 then 1 year <br> Treasury Constant Maturity Rate + 1.180%) | &nbsp;&nbsp; 2.608% | &nbsp;&nbsp; 1/12/28 | &nbsp;&nbsp; 2300000<br>| &nbsp;&nbsp;&nbsp; 2266085<br> <sup>(a)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ueno Bank SA, Senior Notes | &nbsp;&nbsp; 6.700% | &nbsp;&nbsp; 3/6/31 | &nbsp;&nbsp; 3100000<br>| &nbsp;&nbsp;&nbsp; 3072503<br> <sup>(b)(c)</sup><br>|
| *Total Banks* | *Total Banks* | *Total Banks* | *Total Banks* | &nbsp;&nbsp; *27973864* |
| *Capital Markets — 0.0%††* | *Capital Markets — 0.0%††* | *Capital Markets — 0.0%††* | *Capital Markets — 0.0%††* | *Capital Markets — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Credit Suisse AG AT1 Claim | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; *0*<br> \*<sup>(h)(i)(j)</sup><br>|
| *Insurance — 0.6%* | *Insurance — 0.6%* | *Insurance — 0.6%* | *Insurance — 0.6%* | *Insurance — 0.6%* |
| &nbsp;&nbsp;&nbsp; Sagicor Financial Co. Ltd., Senior Notes | &nbsp;&nbsp; 5.300% | &nbsp;&nbsp; 5/13/28 | &nbsp;&nbsp; 3600000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *3585924*<br> <sup>(b)(c)</sup><br>|
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **31559788** |
| **Health Care — 2.4%** | **Health Care — 2.4%** | **Health Care — 2.4%** | **Health Care — 2.4%** | **Health Care — 2.4%** |
| *Health Care Providers & Services — 0.3%* | *Health Care Providers & Services — 0.3%* | *Health Care Providers & Services — 0.3%* | *Health Care Providers & Services — 0.3%* | *Health Care Providers & Services — 0.3%* |
| &nbsp;&nbsp;&nbsp; CHS/Community Health Systems Inc., Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 1750000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1684668*<br> <sup>(b)(c)</sup><br>|
| *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* | *Pharmaceuticals — 2.1%* |
| &nbsp;&nbsp;&nbsp; Biocon Biologics Global PLC, Senior Secured Notes | &nbsp;&nbsp; 6.670% | &nbsp;&nbsp; 10/9/29 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1978647<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 3.150% | &nbsp;&nbsp; 10/1/26 | &nbsp;&nbsp; 6500000<br>| &nbsp;&nbsp;&nbsp; 6439315<br> <sup>(c)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Pharmaceuticals — continued* | *Pharmaceuticals — continued* | *Pharmaceuticals — continued* | *Pharmaceuticals — continued* | *Pharmaceuticals — continued* |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 8.125% | &nbsp;&nbsp; 9/15/31 | &nbsp;&nbsp; 1630000<br>| &nbsp;&nbsp;&nbsp; $1824247<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands III BV, Senior Notes | &nbsp;&nbsp; 4.100% | &nbsp;&nbsp; 10/1/46 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 2969984<br> <sup>(c)</sup><br>|
| *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | *Total Pharmaceuticals* | &nbsp;&nbsp; *13212193* |
| **Total Health Care** | **Total Health Care** | **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **14896861** |
| **Industrials — 4.5%** | **Industrials — 4.5%** | **Industrials — 4.5%** | **Industrials — 4.5%** | **Industrials — 4.5%** |
| *Aerospace & Defense — 0.2%* | *Aerospace & Defense — 0.2%* | *Aerospace & Defense — 0.2%* | *Aerospace & Defense — 0.2%* | *Aerospace & Defense — 0.2%* |
| &nbsp;&nbsp;&nbsp; Czechoslovak Group AS, Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 1/10/31 | &nbsp;&nbsp; 1560000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1596115*<br> <sup>(b)</sup><br>|
| *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* |
| &nbsp;&nbsp;&nbsp; ATP Tower Holdings/Andean Telecom Partners Chile SpA/Andean Tower <br> Partners Colombia SAS, Senior Secured Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 2/3/30 | &nbsp;&nbsp; 6500000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *6595669*<br> <sup>(b)(c)</sup><br>|
| *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* | *Electrical Equipment — 0.2%* |
| &nbsp;&nbsp;&nbsp; LG Energy Solution Ltd., Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 4/2/30 | &nbsp;&nbsp; 1250000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1260827*<br> <sup>(a)(c)</sup><br>|
| *Ground Transportation — 1.5%* | *Ground Transportation — 1.5%* | *Ground Transportation — 1.5%* | *Ground Transportation — 1.5%* | *Ground Transportation — 1.5%* |
| &nbsp;&nbsp;&nbsp; Empresa de los Ferrocarriles del Estado, Senior Notes | &nbsp;&nbsp; 3.830% | &nbsp;&nbsp; 9/14/61 | &nbsp;&nbsp; 1800000<br>| &nbsp;&nbsp;&nbsp; 1217509<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Empresa de Transporte de Pasajeros Metro SA, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 1/25/47 | &nbsp;&nbsp; 2560000<br>| &nbsp;&nbsp;&nbsp; 2304133<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Lima Metro Line 2 Finance Ltd., Senior Secured Notes | &nbsp;&nbsp; 4.350% | &nbsp;&nbsp; 4/5/36 | &nbsp;&nbsp; 2775991<br>| &nbsp;&nbsp;&nbsp; 2640693<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Transnet SOC, Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/6/28 | &nbsp;&nbsp; 3100000<br>| &nbsp;&nbsp;&nbsp; 3210890<br> <sup>(b)(c)</sup><br>|
| *Total Ground Transportation* | *Total Ground Transportation* | *Total Ground Transportation* | *Total Ground Transportation* | &nbsp;&nbsp; *9373225* |
| *Machinery — 0.5%* | *Machinery — 0.5%* | *Machinery — 0.5%* | *Machinery — 0.5%* | *Machinery — 0.5%* |
| &nbsp;&nbsp;&nbsp; HTA Group Ltd., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 6/4/29 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1018869<br> <sup>(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Iochpe-Maxion Austria GmbH/Maxion Wheels de Mexico S de RL de CV, <br> Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 5/7/28 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1944301<br> <sup>(a)(c)</sup><br>|
| *Total Machinery* | *Total Machinery* | *Total Machinery* | *Total Machinery* | &nbsp;&nbsp; *2963170* |
| *Passenger Airlines — 0.5%* | *Passenger Airlines — 0.5%* | *Passenger Airlines — 0.5%* | *Passenger Airlines — 0.5%* | *Passenger Airlines — 0.5%* |
| &nbsp;&nbsp;&nbsp; Latam Airlines Group SA, Senior Secured Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *3033750*<br> <sup>(b)(c)</sup><br>|
| *Transportation Infrastructure — 0.6%* | *Transportation Infrastructure — 0.6%* | *Transportation Infrastructure — 0.6%* | *Transportation Infrastructure — 0.6%* | *Transportation Infrastructure — 0.6%* |
| &nbsp;&nbsp;&nbsp; Adani Ports & Special Economic Zone Ltd., Senior Notes | &nbsp;&nbsp; 3.828% | &nbsp;&nbsp; 2/2/32 | &nbsp;&nbsp; 700000<br>| &nbsp;&nbsp;&nbsp; 619118<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mersin Uluslararasi Liman Isletmeciligi AS, Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 11/15/28 | &nbsp;&nbsp; 2870000<br>| &nbsp;&nbsp;&nbsp; 2927783<br> <sup>(b)</sup><br>|
| *Total Transportation Infrastructure* | *Total Transportation Infrastructure* | *Total Transportation Infrastructure* | *Total Transportation Infrastructure* | &nbsp;&nbsp; *3546901* |
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **28369657** |
| **Information Technology — 0.4%** | **Information Technology — 0.4%** | **Information Technology — 0.4%** | **Information Technology — 0.4%** | **Information Technology — 0.4%** |
| *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* | *Communications Equipment — 0.4%* |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect US Finco LLC, Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/15/29 | &nbsp;&nbsp; 2250000<br>| &nbsp;&nbsp;&nbsp;&nbsp; **2366528**<br> <sup>(b)(c)</sup><br>|
| **Materials — 6.4%** | **Materials — 6.4%** | **Materials — 6.4%** | **Materials — 6.4%** | **Materials — 6.4%** |
| *Chemicals — 3.2%* | *Chemicals — 3.2%* | *Chemicals — 3.2%* | *Chemicals — 3.2%* | *Chemicals — 3.2%* |
| &nbsp;&nbsp;&nbsp; MEGlobal BV, Senior Notes | &nbsp;&nbsp; 2.625% | &nbsp;&nbsp; 4/28/28 | &nbsp;&nbsp; 1600000<br>| &nbsp;&nbsp;&nbsp; 1502827<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; MEGlobal Canada ULC, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 5/18/30 | &nbsp;&nbsp; 4100000<br>| &nbsp;&nbsp;&nbsp; 4142564<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; OCP SA, Senior Notes | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 6/23/31 | &nbsp;&nbsp; 7000000<br>| &nbsp;&nbsp;&nbsp; 6366122<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Orbia Advance Corp. SAB de CV, Senior Notes | &nbsp;&nbsp; 2.875% | &nbsp;&nbsp; 5/11/31 | &nbsp;&nbsp; 990000<br>| &nbsp;&nbsp;&nbsp; 805315<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sasol Financing USA LLC, Senior Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 9/18/26 | &nbsp;&nbsp; 6000000<br>| &nbsp;&nbsp;&nbsp; 5974732<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sasol Financing USA LLC, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 3/18/31 | &nbsp;&nbsp; 1400000<br>| &nbsp;&nbsp;&nbsp; 1264214<br> <sup>(c)</sup><br>|
| *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *20055774* |
| *Construction Materials — 0.2%* | *Construction Materials — 0.2%* | *Construction Materials — 0.2%* | *Construction Materials — 0.2%* | *Construction Materials — 0.2%* |
| &nbsp;&nbsp;&nbsp; Cemex SAB de CV, Senior Notes | &nbsp;&nbsp; 5.450% | &nbsp;&nbsp; 11/19/29 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1000859*<br> <sup>(a)(c)</sup><br>|
| *Metals & Mining — 3.0%* | *Metals & Mining — 3.0%* | *Metals & Mining — 3.0%* | *Metals & Mining — 3.0%* | *Metals & Mining — 3.0%* |
| &nbsp;&nbsp;&nbsp; Antofagasta PLC, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 5/13/32 | &nbsp;&nbsp; 1100000<br>| &nbsp;&nbsp;&nbsp; 1116202<br> <sup>(b)(c)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Metals & Mining — continued* | *Metals & Mining — continued* | *Metals & Mining — continued* | *Metals & Mining — continued* | *Metals & Mining — continued* |
| &nbsp;&nbsp;&nbsp; Antofagasta PLC, Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 9/9/35 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; $2967595<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 8.625% | &nbsp;&nbsp; 6/1/31 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; 4152376<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Fresnillo PLC, Senior Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 10/2/50 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; 2279161<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; POSCO, Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 1/17/28 | &nbsp;&nbsp; 3500000<br>| &nbsp;&nbsp;&nbsp; 3571878<br> <sup>(b)(d)</sup><br>|
| &nbsp;&nbsp;&nbsp; Samarco Mineracao SA, Senior Notes (9.500% PIK) | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 6/30/31 | &nbsp;&nbsp; 2314558<br>| &nbsp;&nbsp;&nbsp; 2278756<br> <sup>(a)(c)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Southern Copper Corp., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 7/27/35 | &nbsp;&nbsp; 310000<br>| &nbsp;&nbsp;&nbsp; 354691<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Southern Copper Corp., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 4/16/40 | &nbsp;&nbsp; 344000<br>| &nbsp;&nbsp;&nbsp; 374178<br> <sup>(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vedanta Resources Finance II PLC, Senior Notes | &nbsp;&nbsp; 10.875% | &nbsp;&nbsp; 9/17/29 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2092782<br> <sup>(b)</sup><br>|
| *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | &nbsp;&nbsp; *19187619* |
| **Total Materials** | **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **40244252** |
| **Real Estate — 1.8%** | **Real Estate — 1.8%** | **Real Estate — 1.8%** | **Real Estate — 1.8%** | **Real Estate — 1.8%** |
| *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* | *Diversified REITs — 1.4%* |
| &nbsp;&nbsp;&nbsp; Trust Fibra Uno, Senior Notes | &nbsp;&nbsp; 4.869% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 5250000<br>| &nbsp;&nbsp;&nbsp; 5040140<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Trust Fibra Uno, Senior Notes | &nbsp;&nbsp; 4.869% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 2800000<br>| &nbsp;&nbsp;&nbsp; 2688075<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Trust Fibra Uno, Senior Notes | &nbsp;&nbsp; 6.390% | &nbsp;&nbsp; 1/15/50 | &nbsp;&nbsp; 1250000<br>| &nbsp;&nbsp;&nbsp; 1125869<br> <sup>(a)(c)</sup><br>|
| *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | *Total Diversified REITs* | &nbsp;&nbsp; *8854084* |
| *Real Estate Management & Development — 0.1%* | *Real Estate Management & Development — 0.1%* | *Real Estate Management & Development — 0.1%* | *Real Estate Management & Development — 0.1%* | *Real Estate Management & Development — 0.1%* |
| &nbsp;&nbsp;&nbsp; Add Hero Holdings Ltd., Senior Secured Notes (7.500% Cash or 8.500% <br> PIK) | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 9/30/29 | &nbsp;&nbsp; 2067693<br>| &nbsp;&nbsp;&nbsp; 108140<br> <sup>(a)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Add Hero Holdings Ltd., Senior Secured Notes (8.000% Cash or 9.000% <br> PIK) | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/30/30 | &nbsp;&nbsp; 1683971<br>| &nbsp;&nbsp;&nbsp; 25260<br> <sup>(a)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; Add Hero Holdings Ltd., Senior Secured Notes (8.800% Cash or 9.800% <br> PIK) | &nbsp;&nbsp; 9.800% | &nbsp;&nbsp; 9/30/31 | &nbsp;&nbsp; 2222875<br>| &nbsp;&nbsp;&nbsp; 30564<br> <sup>(a)(k)</sup><br>|
| &nbsp;&nbsp;&nbsp; China Aoyuan Group Ltd., Senior Notes, Step bond (0.000% to 9/30/31 <br> then 1.000%) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 3/30/2173 | &nbsp;&nbsp; 2917855<br>| &nbsp;&nbsp;&nbsp; 21884<br> <sup>(a)(f)</sup><br>|
| &nbsp;&nbsp;&nbsp; China Aoyuan Group Ltd., Senior Secured Notes (5.500% PIK) | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 9/30/31 | &nbsp;&nbsp; 813074<br>| &nbsp;&nbsp;&nbsp; 6098<br> <sup>(a)(k)</sup><br>|
| *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | &nbsp;&nbsp; *191946* |
| *Retail REITs — 0.3%* | *Retail REITs — 0.3%* | *Retail REITs — 0.3%* | *Retail REITs — 0.3%* | *Retail REITs — 0.3%* |
| &nbsp;&nbsp;&nbsp; InRetail Shopping Malls, Senior Notes | &nbsp;&nbsp; 5.650% | &nbsp;&nbsp; 10/16/32 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1947000*<br> <sup>(b)(c)</sup><br>|
| **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **10993030** |
| **Utilities — 5.9%** | **Utilities — 5.9%** | **Utilities — 5.9%** | **Utilities — 5.9%** | **Utilities — 5.9%** |
| *Electric Utilities — 3.8%* | *Electric Utilities — 3.8%* | *Electric Utilities — 3.8%* | *Electric Utilities — 3.8%* | *Electric Utilities — 3.8%* |
| &nbsp;&nbsp;&nbsp; AES Panama Generation Holdings SRL, Senior Secured Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 5/31/30 | &nbsp;&nbsp; 933509<br>| &nbsp;&nbsp;&nbsp; 864882<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Comision Federal de Electricidad, Senior Notes | &nbsp;&nbsp; 3.348% | &nbsp;&nbsp; 2/9/31 | &nbsp;&nbsp; 2020000<br>| &nbsp;&nbsp;&nbsp; 1811009<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Comision Federal de Electricidad, Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 7/26/33 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 857059<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Comision Federal de Electricidad, Senior Notes | &nbsp;&nbsp; 4.677% | &nbsp;&nbsp; 2/9/51 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 714958<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Eskom Holdings, Senior Notes | &nbsp;&nbsp; 4.314% | &nbsp;&nbsp; 7/23/27 | &nbsp;&nbsp; 9600000<br>| &nbsp;&nbsp;&nbsp; 9464662<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Instituto Costarricense de Electricidad, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 10/7/31 | &nbsp;&nbsp; 3100000<br>| &nbsp;&nbsp;&nbsp; 3229316<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pampa Energia SA, Senior Notes | &nbsp;&nbsp; 7.950% | &nbsp;&nbsp; 9/10/31 | &nbsp;&nbsp; 350000<br>| &nbsp;&nbsp;&nbsp; 365278<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Pampa Energia SA, Senior Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 12/16/34 | &nbsp;&nbsp; 1000000<br>| &nbsp;&nbsp;&nbsp; 1034650<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, Senior <br> Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 5/15/47 | &nbsp;&nbsp; 3810000<br>| &nbsp;&nbsp;&nbsp; 3301007<br> <sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Threelands Energy Ltd. Sarl, Senior Notes | &nbsp;&nbsp; 7.450% | &nbsp;&nbsp; 10/20/35 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2026900<br> <sup>(b)(c)</sup><br>|
| *Total Electric Utilities* | *Total Electric Utilities* | *Total Electric Utilities* | *Total Electric Utilities* | &nbsp;&nbsp; *23669721* |
| *Gas Utilities — 0.7%* | *Gas Utilities — 0.7%* | *Gas Utilities — 0.7%* | *Gas Utilities — 0.7%* | *Gas Utilities — 0.7%* |
| &nbsp;&nbsp;&nbsp; Grupo Energia Bogota SA ESP, Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 10/22/35 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 1916470<br> <sup>(b)(c)</sup><br>|

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount†<br>| Value |
| *Gas Utilities — continued* | *Gas Utilities — continued* | *Gas Utilities — continued* | *Gas Utilities — continued* | *Gas Utilities — continued* |
| &nbsp;&nbsp;&nbsp; Promigas SA ESP/Gases del Pacifico SAC, Senior Notes | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 10/16/29 | &nbsp;&nbsp; 3000000<br>| &nbsp;&nbsp;&nbsp; $2755551<br> <sup>(a)(c)</sup><br>|
| *Total Gas Utilities* | *Total Gas Utilities* | *Total Gas Utilities* | *Total Gas Utilities* | &nbsp;&nbsp; *4672021* |
| *Independent Power and Renewable Electricity Producers — 1.2%* | *Independent Power and Renewable Electricity Producers — 1.2%* | *Independent Power and Renewable Electricity Producers — 1.2%* | *Independent Power and Renewable Electricity Producers — 1.2%* | *Independent Power and Renewable Electricity Producers — 1.2%* |
| &nbsp;&nbsp;&nbsp; AES Andes SA, Junior Subordinated Notes (8.150% to 6/10/30 then 5 <br> year Treasury Constant Maturity Rate + 3.835%) | &nbsp;&nbsp; 8.150% | &nbsp;&nbsp; 6/10/55 | &nbsp;&nbsp; 2000000<br>| &nbsp;&nbsp;&nbsp; 2103391<br> <sup>(b)(c)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; AES Andes SA, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 3/14/32 | &nbsp;&nbsp; 800000<br>| &nbsp;&nbsp;&nbsp; 821553<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Minejesa Capital BV, Senior Secured Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 8/10/37 | &nbsp;&nbsp; 3100000<br>| &nbsp;&nbsp;&nbsp; 2958624<br> <sup>(b)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Saavi Energia Sarl, Senior Notes | &nbsp;&nbsp; 8.875% | &nbsp;&nbsp; 2/10/35 | &nbsp;&nbsp; 1600000<br>| &nbsp;&nbsp;&nbsp; 1681040<br> <sup>(b)(c)</sup><br>|
| *Total Independent Power and Renewable Electricity Producers* | *Total Independent Power and Renewable Electricity Producers* | *Total Independent Power and Renewable Electricity Producers* | *Total Independent Power and Renewable Electricity Producers* | &nbsp;&nbsp; *7564608* |
| *Water Utilities — 0.2%* | *Water Utilities — 0.2%* | *Water Utilities — 0.2%* | *Water Utilities — 0.2%* | *Water Utilities — 0.2%* |
| &nbsp;&nbsp;&nbsp; Nova Securitisation SARL, Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 2/3/31 | &nbsp;&nbsp; 1500000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1453096*<br> <sup>(b)(c)</sup><br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **37359446** |
| **Total Corporate Bonds & Notes (Cost — $346,347,917)** | **Total Corporate Bonds & Notes (Cost — $346,347,917)** | **Total Corporate Bonds & Notes (Cost — $346,347,917)** | **Total Corporate Bonds & Notes (Cost — $346,347,917)** | &nbsp;&nbsp; **350251436** |
| **U.S. Government & Agency Obligations — 2.5%** | **U.S. Government & Agency Obligations — 2.5%** | **U.S. Government & Agency Obligations — 2.5%** | **U.S. Government & Agency Obligations — 2.5%** | **U.S. Government & Agency Obligations — 2.5%** |
| *U.S. Government Obligations — 2.5%* | *U.S. Government Obligations — 2.5%* | *U.S. Government Obligations — 2.5%* | *U.S. Government Obligations — 2.5%* | *U.S. Government Obligations — 2.5%* |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 5/31/27 | &nbsp;&nbsp; 4750000 | &nbsp;&nbsp;&nbsp; 4753525<br>|
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 7/31/27 | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp; 5002539<br>|
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | &nbsp;&nbsp; 3.375% | &nbsp;&nbsp; 2/29/28 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp; 2480469<br>|
| &nbsp;&nbsp;&nbsp; U.S. Treasury Notes | &nbsp;&nbsp; 3.625% | &nbsp;&nbsp; 9/30/31 | &nbsp;&nbsp; 3500000 | &nbsp;&nbsp;&nbsp; 3434238<br>|
| **Total U.S. Government & Agency Obligations (Cost — $15,726,733)** | **Total U.S. Government & Agency Obligations (Cost — $15,726,733)** | **Total U.S. Government & Agency Obligations (Cost — $15,726,733)** | **Total U.S. Government & Agency Obligations (Cost — $15,726,733)** | &nbsp;&nbsp; **15670771** |
| **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** | **Convertible Bonds & Notes — 0.0%††** |
| **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** |
| *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* |
| &nbsp;&nbsp;&nbsp; China Aoyuan Group Ltd., Senior Notes (Cost — $23,941) | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 9/30/28 | &nbsp;&nbsp; 260782<br>| &nbsp;&nbsp;&nbsp;&nbsp; **6204**<br> <sup>(a)</sup><br>|
|  |  |  | Shares |  |
| **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** |
| **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** | **Real Estate — 0.0%††** |
| *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* | *Real Estate Management & Development — 0.0%††* |
| &nbsp;&nbsp;&nbsp; China Aoyuan Group Ltd. (Cost — $14,663) | &nbsp;&nbsp;&nbsp; China Aoyuan Group Ltd. (Cost — $14,663) |  | &nbsp;&nbsp; 729465 | &nbsp;&nbsp;&nbsp; **5,570**<br> \*<sup>(h)</sup><br>|
| **Total Investments before Short-Term Investments (Cost — $790,136,047)** | **Total Investments before Short-Term Investments (Cost — $790,136,047)** | **Total Investments before Short-Term Investments (Cost — $790,136,047)** | **Total Investments before Short-Term Investments (Cost — $790,136,047)** | &nbsp;&nbsp; **827887816** |
|  | Rate | Maturity <br>Date<br>| Face <br>Amount†<br>|  |
| **Short-Term Investments — 3.6%** | **Short-Term Investments — 3.6%** | **Short-Term Investments — 3.6%** | **Short-Term Investments — 3.6%** | **Short-Term Investments — 3.6%** |
| **U.S. Treasury Bills — 2.9%** | **U.S. Treasury Bills — 2.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills | &nbsp;&nbsp; 1.854% | &nbsp;&nbsp; 4/2/26 | &nbsp;&nbsp; 6000000 | &nbsp;&nbsp;&nbsp; 5999396<br> <sup>(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills | &nbsp;&nbsp; 0.040% | &nbsp;&nbsp; 5/5/26 | &nbsp;&nbsp; 6500000 | &nbsp;&nbsp;&nbsp; 6477807<br> <sup>(l)</sup><br>|
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills | &nbsp;&nbsp; 3.676% | &nbsp;&nbsp; 6/2/26 | &nbsp;&nbsp; 6000000 | &nbsp;&nbsp;&nbsp; 5962731<br> <sup>(l)</sup><br>|
| **Total U.S. Treasury Bills (Cost — $18,440,389)** | **Total U.S. Treasury Bills (Cost — $18,440,389)** | **Total U.S. Treasury Bills (Cost — $18,440,389)** | **Total U.S. Treasury Bills (Cost — $18,440,389)** | &nbsp;&nbsp; **18439934** |

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

 **Western Asset Emerging Markets Debt Fund Inc.**

(Percentages shown based on Fund net assets)

---

| | | | |
|:---|:---|:---|:---|
| Security | Rate | Shares | Value |
| **Money Market Funds — 0.7%** | **Money Market Funds — 0.7%** | **Money Market Funds — 0.7%** | **Money Market Funds — 0.7%** |
| &nbsp;&nbsp;&nbsp; Western Asset Premier Institutional Government Reserves, Premium <br> Shares (Cost — $4,360,323)  | &nbsp;&nbsp; 3.589% | &nbsp;&nbsp; 4360323<br>| &nbsp;&nbsp;&nbsp;&nbsp; **$4360323**<br> <sup>(m)(n)</sup><br>|
| **Total Short-Term Investments (Cost — $22,800,712)** | **Total Short-Term Investments (Cost — $22,800,712)** | **Total Short-Term Investments (Cost — $22,800,712)** | &nbsp;&nbsp; **22800257** |
| **Total Investments — 135.4% (Cost — $812,936,759)** | **Total Investments — 135.4% (Cost — $812,936,759)** | **Total Investments — 135.4% (Cost — $812,936,759)** | &nbsp;&nbsp; **850688073** |
| &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (35.4)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (35.4)% | &nbsp;&nbsp;&nbsp; Liabilities in Excess of Other Assets — (35.4)% | &nbsp;&nbsp;&nbsp; (222566799)<br>|
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$628121274** |

---

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

---

| | |
|:---|:---|
| † | Face amount denominated in U.S. dollars, unless otherwise noted. |
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is exempt from registration under Regulation S of the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of <br> the United States and do not involve direct selling efforts in the United States. This security has been deemed liquid pursuant to guidelines approved by the <br> Board of Directors.<br>|
| <sup>(b)</sup> | Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from <br> registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board of Directors.<br>|
| <sup>(c)</sup> | All or a portion of this security is pledged as collateral pursuant to the loan agreement.  |
| <sup>(d)</sup> | All or a portion of this security is held by the counterparty as collateral for open reverse repurchase agreements. |
| <sup>(e)</sup> | The coupon payment on this security is currently in default as of March 31, 2026. |
| <sup>(f)</sup> | Security has no maturity date. The date shown represents the next call date. |
| <sup>(g)</sup> | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published <br> reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a <br> reference rate and spread in their description above.<br>|
| <sup>(h)</sup> | Security is fair valued in accordance with procedures approved by the Board of Directors (Note 1). |
| <sup>(i)</sup> | Security is valued using significant unobservable inputs (Note 1). |
| <sup>(j)</sup> | Value is less than $1. |
| <sup>(k)</sup> | Payment-in-kind security for which the issuer has the option at each interest payment date of making interest payments in cash or additional securities.  |
| <sup>(l)</sup> | Rate shown represents yield-to-maturity. |
| <sup>(m)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |
| <sup>(n)</sup> | In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company" represents Fund ownership of at least 5% of the outstanding <br> voting securities of an issuer, or a company which is under common ownership or control with the Fund. At March 31, 2026, the total market value of <br> investments in Affiliated Companies was $4,360,323 and the cost was $4,360,323 (Note 2).<br>|

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| CRC |  | Costa Rican Colon |
| DAC |  | Designated Activity Company |
| DOP |  | Dominican Peso |
| EUR |  | Euro |
| JMD |  | Jamaican Dollar |
| JSC |  | Joint Stock Company |
| MXN |  | Mexican Peso |
| NGN |  | Nigerian Naira |
| PIK |  | Payment-In-Kind |
| PYG |  | Paraguay Guarani  |
| TRY |  | Turkish Lira |
| UYU |  | Uruguayan Peso |
| ZAR |  | South African Rand |

---

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **Western Asset Emerging Markets Debt Fund Inc.**

At March 31, 2026, the Fund had the following open reverse repurchase agreements:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Counterparty  | Rate | &nbsp;&nbsp;&nbsp; Effective <br>Date<br>| &nbsp;&nbsp;&nbsp;&nbsp; Maturity <br>Date<br>| &nbsp;&nbsp;&nbsp; Face Amount <br>of Reverse <br>Repurchase <br>Agreements<br>| &nbsp;&nbsp;&nbsp;&nbsp; Asset Class <br>of Collateral\*<br>| &nbsp;&nbsp;&nbsp; Collateral <br>Value\*\*<br>|
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 4.270% | &nbsp;&nbsp;&nbsp;&nbsp; 1/29/2026 | 04/29/2026 | &nbsp;&nbsp;&nbsp;&nbsp; $3359854 | Sovereign Bonds | $3640722 |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 4.300% | &nbsp;&nbsp;&nbsp;&nbsp; 2/13/2026 | 05/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 6505246 | Sovereign Bonds | 7146059 |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 4.320% | &nbsp;&nbsp;&nbsp;&nbsp; 1/29/2026 | 04/29/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 5805242 | Sovereign Bonds | 6424425 |
| Deutsche Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 4.500% | &nbsp;&nbsp;&nbsp;&nbsp; 2/13/2026 | 05/13/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 4463827 | Sovereign Bonds | 4844792 |
| Royal Bank of Canada | &nbsp;&nbsp;&nbsp;&nbsp; 4.120% | &nbsp;&nbsp;&nbsp;&nbsp; 1/20/2026 | 04/21/2026 | &nbsp;&nbsp;&nbsp;&nbsp; 3420595 | Corporate Bonds & Notes | 3606875 |
|  |  |  |  | &nbsp;&nbsp;&nbsp; **$23554764** |  | &nbsp;&nbsp;&nbsp; **$25662873** |

---

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

\* Refer to the Schedule of Investments for positions held at the counterparty as collateral for reverse repurchase agreements. <br> \*\* Including accrued interest.

At March 31, 2026, the Fund had the following open futures contracts:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp; <br> Number of <br>Contracts<br>| &nbsp;&nbsp;&nbsp; <br> Expiration <br>Date<br>| &nbsp;&nbsp;&nbsp; <br> Notional <br>Amount<br>| &nbsp;&nbsp;&nbsp; <br> Market <br>Value<br>| &nbsp;&nbsp;&nbsp; <br> Unrealized <br>Appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;(Depreciation)<br>|
| **Contracts to Buy:** |  |  |  |  |  |
| U.S. Treasury 2-Year Notes | &nbsp;&nbsp;&nbsp;&nbsp; 479 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; $100085351 | &nbsp;&nbsp;&nbsp;&nbsp; $99366304 | &nbsp;&nbsp;&nbsp;&nbsp; $(719047) |
| **Contracts to Sell:** |  |  |  |  |  |
| U.S. Treasury Ultra 10-Year Notes | &nbsp;&nbsp;&nbsp;&nbsp; 102 | &nbsp;&nbsp;&nbsp;&nbsp; 6/26 | &nbsp;&nbsp;&nbsp;&nbsp; 11788693 | &nbsp;&nbsp;&nbsp;&nbsp; 11578594 | &nbsp;&nbsp;&nbsp;&nbsp; 210099 |
| **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | **Net unrealized depreciation on open futures contracts** | &nbsp;&nbsp;&nbsp; **$(508948)** |

---

At March 31, 2026, the Fund had the following open forward foreign currency contracts:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency <br>Purchased | Currency <br>Purchased | Currency <br>Sold | Currency <br>Sold | Counterparty | Settlement <br>Date<br>| Unrealized <br>Appreciation<br>|
| USD | &nbsp;&nbsp; 1658419 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 27498500 | Bank of America N.A. | &nbsp;&nbsp; 4/15/26 | &nbsp;&nbsp; $35238 |
| USD | &nbsp;&nbsp; 5760018 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 4949320 | Bank of America N.A. | &nbsp;&nbsp; 6/15/26 | &nbsp;&nbsp; 19468 |
| **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | **Net unrealized appreciation on open forward foreign currency contracts** | &nbsp;&nbsp; **$54706** |

---

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

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** | **Abbreviation(s) used in this table:** |
| EUR |  | Euro |
| USD |  | United States Dollar |
| ZAR |  | South African Rand |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

See Notes to Schedule of Investments.

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited)

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

**1. Organization and significant accounting policies** 

Western Asset Emerging Markets Debt Fund Inc. (the "Fund") was incorporated in Maryland on April 16, 2003, and is registered as a diversified, closed-end management investment company under the Investment Company Act of 1940, as amended (the "1940 Act"). The Board of Directors (the "Board") authorized 100 million shares of $0.001 par value common stock. The Fund's primary investment objective is to seek high current income and the Fund's secondary objective is to seek capital appreciation.

The Fund follows the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services – Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. Futures contracts are valued daily at the settlement price established by the board of trade or exchange on which they are traded. Equity securities for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the FundBoard.

Pursuant to policies adopted by the Board, the Fund's manager has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Fund's manager is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Fund's pricing policies, and reporting to the Fund's manager and the Board. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited) (cont'd)

relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — unadjusted quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities carried at fair value: <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sovereign Bonds | &nbsp;&nbsp; — | &nbsp;&nbsp; $461953835 | &nbsp;&nbsp; — | &nbsp;&nbsp; $461953835 |
| &nbsp;&nbsp;&nbsp; Corporate Bonds & Notes: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | &nbsp;&nbsp; — | &nbsp;&nbsp; 31559788 | &nbsp;&nbsp; $0<br> \*<br>| &nbsp;&nbsp; 31559788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Corporate Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 318691648 | &nbsp;&nbsp; — | &nbsp;&nbsp; 318691648 |
| &nbsp;&nbsp;&nbsp; U.S. Government & Agency Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 15670771 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15670771 |
| &nbsp;&nbsp;&nbsp; Convertible Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 6204 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6204 |
| &nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 5570 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5570 |
| Total Long-Term Investments | &nbsp;&nbsp; — | &nbsp;&nbsp; 827887816 | &nbsp;&nbsp; 0<br> \*<br>| &nbsp;&nbsp; 827887816 |
| Short-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; U.S. Treasury Bills | &nbsp;&nbsp; — | &nbsp;&nbsp; 18439934 | &nbsp;&nbsp; — | &nbsp;&nbsp; 18439934 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; $4360323 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 4360323 |
| Total Short-Term Investments | &nbsp;&nbsp; 4360323 | &nbsp;&nbsp; 18439934 | &nbsp;&nbsp; — | &nbsp;&nbsp; 22800257 |
| **Total Investments** | &nbsp;&nbsp; **$4360323** | &nbsp;&nbsp; **$846327750** | &nbsp;&nbsp; **$0**<br> **\***<br>| &nbsp;&nbsp; **$850688073** |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures Contracts†† | &nbsp;&nbsp; $210099 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $210099 |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts†† | &nbsp;&nbsp; — | &nbsp;&nbsp; $54706 | &nbsp;&nbsp; — | &nbsp;&nbsp; 54706 |
| **Total Other Financial Instruments** | &nbsp;&nbsp; **$210099** | &nbsp;&nbsp; **$54706** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$264805** |
| **Total** | &nbsp;&nbsp; **$4570422** | &nbsp;&nbsp; **$846382456** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **$850952878** |
| **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  | **LIABILITIES**  |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures Contracts†† | &nbsp;&nbsp; $719047 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; $719047 |

---

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

---

| | |
|:---|:---|
| † | See Schedule of Investments for additional detailed categorizations. |
| \* | Amount represents less than $1. |
| †† | Reflects the unrealized appreciation (depreciation) of the instruments. |

---

**2. Transactions with affiliated company**

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended March 31, 2026. The following transactions were effected

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

in such company for the period ended March 31, 2026. <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>December 31, <br>2025 | Purchased | Purchased | Sold | Sold |
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>December 31, <br>2025 | Cost | Shares | Proceeds | Shares |
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium <br> Shares<br>| $692208 | $57920689 | 57920689 | $54252574 | 54252574 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| (cont'd) | Realized <br>Gain (Loss)<br>| Dividend <br>Income<br>| Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Affiliate <br>Value at <br>March 31, <br>2026<br>|
| Western Asset Premier <br> Institutional Government <br> Reserves, Premium Shares<br>|  | $37488 |  | $4360323 |

---

------

Western Asset Emerging Markets Debt Fund Inc. 2026 Quarterly Report

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Western Asset Emerging Markets Debt Fund Inc.

- **b. Investment Company Act file number:** 811-21343

- **c. CIK number of Registrant:** 0001227862

- **d. LEI of Registrant:** 549300F68574RU1BKP84

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

  - **Street Address 1:** One Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 1-888-777-0102

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

- **a. Name of Series:** Western Asset Emerging Markets Debt Fund Inc.

- **c. LEI of Series:** 549300F68574RU1BKP84

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $870581850.96

**Total Liabilities:** $242468131.25

**Net Assets:** $628113719.71

**Cash Not Reported:** $604202.69

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3139.14000000 | **1-Year:** 17303.15000000 | **5-Year:** 70699.49000000 | **10-Year:** 92596.59000000 | **30-Year:** 7380.99000000

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

- **3-Month:** 936.07000000 | **1-Year:** 29707.53000000 | **5-Year:** 82998.01000000 | **10-Year:** 89225.87000000 | **30-Year:** 3586.68000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 3.24%                | 2.34%                | -10.20%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $104251.89               | $5879089.21                                |
| Month 2  | $177572.70               | $4491362.17                                |
| Month 3  | $480616.50               | $-30258809.14                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Bank Gospodarstwa Krajowego                                                       | BGOSK 5.375 05/22/33 144A                              | CUSIP: 06237MAA1<br>LEI: 259400BCOV9JJIGLYF05 | Long             | DBT              | NUSS              | PL        |     6300000 | PA      | $6389541.46   | 1.02%             | 2033-05-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Samarco Mineracao SA                                                              | SAMMIN 9.5 06/30/31 REGS                               | CUSIP: 000000000<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |     2314558 | PA      | $2278755.98   | 0.36%             | 2031-06-30      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                                      | B 0 04/02/26                                           | CUSIP: 912797SD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     6000000 | PA      | $5999396.04   | 0.96%             | 2026-04-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Central America Bottling Corporation / Cbc Bottling Holdco S L / Beliv Holdco S L | CAMEBO 5.25 04/27/29 144A                              | CUSIP: 15239XAA6<br>LEI: 549300DT8SH0CF6BTT37 | Long             | DBT              | CORP              | VG        |     3130000 | PA      | $3048069.12   | 0.49%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Grupo Televisa S.A.B.                                                             | TELVIS 5 05/13/45                                      | CUSIP: 40049JBA4<br>LEI: 549300O4AF0C816ILN62 | Long             | DBT              | CORP              | MX        |     9850000 | PA      | $6125803.85   | 0.98%             | 2045-05-13      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ihs Holding Limited                                                               | IHS 7.875 05/29/30 144A                                | CUSIP: 44963HAC9<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     2160000 | PA      | $2190359.40   | 0.35%             | 2030-05-29      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                      | PEMEX 6.5 06/02/41                                     | CUSIP: 71654QAZ5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     8200000 | PA      | $6922480.18   | 1.10%             | 2041-06-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                                      | WIB 0 06/02/26                                         | CUSIP: 912797TU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     6000000 | PA      | $5962731.12   | 0.95%             | 2026-06-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MEGlobal BV                                                                       | EQPTRC 2.625 04/28/28 144A                             | CUSIP: 29441WAD7<br>LEI: 549300WBVLU2FILR7W19 | Long             | DBT              | CORP              | NL        |     1600000 | PA      | $1502826.56   | 0.24%             | 2028-04-28      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| Mexico (United Mexican States)                                                    | MBONO 8.5 11/18/38 M                                   | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |   119570000 | PA      | $6139302.54   | 0.98%             | 2038-11-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NATURA & CO. LUXEMBOURG HOLDINGS SARL                                             | NATURA 4.125 05/03/28 REGS                             | CUSIP: 000000000<br>LEI: 54930074AZRQQPMINM11 | Long             | DBT              | CORP              | LU        |     2000000 | PA      | $1892785.40   | 0.30%             | 2028-05-03      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                         | IVYCST 5.25 03/22/30 REGS                              | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     4800000 | PA      | $5485710.15   | 0.87%             | 2030-03-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                                                  | CFELEC 4.677 02/09/51 REGS                             | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     1000000 | PA      | $714958.20    | 0.11%             | 2051-02-09      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Qatar (State of)                                                                  | QATAR 4.625 06/02/46 REGS                              | CUSIP: 000000000<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |    10000000 | PA      | $8649265.10   | 1.38%             | 2046-06-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                           | ISATLN 9 09/15/29 144A                                 | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |     2250000 | PA      | $2366527.50   | 0.38%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd.                                                                   | WYNMAC 5.125 12/15/29 144A                             | CUSIP: 98313RAE6<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |      750000 | PA      | $719753.26    | 0.11%             | 2029-12-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                          | FLTR 5.875 06/04/31 144A                               | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |     1800000 | PA      | $1784700.00   | 0.28%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE ESCROW CL                                                           | CREDIT SUISSE ESCROW CL                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     2000000 | PA      | $0.00         | 0.00%             | 2050-01-01      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                  | TEVA 3.15 10/01/26                                     | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     6500000 | PA      | $6439314.70   | 1.03%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Promigas S A E S P/Gases Del Pacifico S A C                                       | PROMIG 3.75 10/16/29 REGS                              | CUSIP: 000000000<br>LEI: 254900IXHTV7LDSFQD65 | Long             | DBT              | CORP              | CO        |     3000000 | PA      | $2755551.33   | 0.44%             | 2029-10-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                                              | Royal Bank of Canada                                   | CUSIP: 000000000<br>LEI: ES7IP3U3RHIGC71XBU11 | Short            | RA               | CORP              | US        |    -3420595 | PA      | $-3420595.00  | -0.54%            |  |  |  | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                             | UKRAIN 4.5 02/01/34 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     6686005 | PA      | $3579975.98   | 0.57%             | 2034-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corporation                                                       | SCCO 6.75 04/16/40                                     | CUSIP: 84265VAE5<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |      344000 | PA      | $374178.43    | 0.06%             | 2040-04-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association                                             | USD/ZAR FORWARD                                        | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |           1 | NC      | $35237.73     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Qazaqgaz National Co JSC                                                          | KZTGKZ 4.375 09/26/27 144A                             | CUSIP: 48668NAA9<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |     3000000 | PA      | $2979360.09   | 0.47%             | 2027-09-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| China Aoyuan Group Ltd                                                            | CAPG 5.5 09/30/31 REGS                                 | CUSIP: 000000000<br>LEI: 549300YSOKQO5QD6MP25 | Long             | DBT              | CORP              | KY        |      813074 | PA      | $6098.05      | 0.00%             | 2031-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mozambique (Republic of)                                                          | MOZAM 9 09/15/31 REGS                                  | CUSIP: 000000000<br>LEI: 213800759WLKYIKPER73 | Long             | DBT              | NUSS              | MZ        |     2000000 | PA      | $1503809.90   | 0.24%             | 2031-09-15      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Empresa de Transporte de Pasajeros Metro S.A.                                     | BMETR 5 01/25/47 144A                                  | CUSIP: 29246QAB1<br>LEI: 959800T4M5QUPYMSCH69 | Long             | DBT              | CORP              | CL        |     2560000 | PA      | $2304133.38   | 0.37%             | 2047-01-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HOLDINGS SRL                                                | AES 4.375 05/31/30 REGS                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |      933509 | PA      | $864882.18    | 0.14%             | 2030-05-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Bank of East Asia Ltd. (The)                                                      | BNKEA V4.875 04/22/32 EMTN                             | CUSIP: 000000000<br>LEI: CO6GC26LCGGRTUESIP55 | Long             | DBT              | CORP              | HK        |     2800000 | PA      | $2789604.36   | 0.44%             | 2032-04-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Mersin Uluslararasi Liman Isletmeciligi A.S.                                      | MERSIN 8.25 11/15/28 144A                              | CUSIP: 590454AC8<br>LEI: 635400DAFN6NT43HM530 | Long             | DBT              | CORP              | TR        |     2870000 | PA      | $2927783.12   | 0.47%             | 2028-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                                           | VENZ 8.25 10/13/24                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     7000000 | PA      | $3020500.00   | 0.48%             | 2024-10-13      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                                            | COLOM 4.125 02/22/42                                   | CUSIP: 195325EA9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    11500000 | PA      | $7812525.00   | 1.24%             | 2042-02-22      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                                            | PARGUY 7.9 02/09/31 144A                               | CUSIP: 699149AP5<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        | 22024000000 | PA      | $3344981.55   | 0.53%             | 2031-02-09      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO E INVERSIONES SA                                                 | BCICI V8.75 PERP 144A                                  | CUSIP: 05890MAC7<br>LEI: 549300E9E5Y3PKW24142 | Long             | DBT              | CORP              | CL        |     3830000 | PA      | $4029408.95   | 0.64%             | N/A             | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Minejesa Capital BV                                                               | MINCAP 5.625 08/10/37 144A                             | CUSIP: 602736AB6<br>LEI: 549300KS7ERCP10BKC35 | Long             | DBT              | CORP              | NL        |     3100000 | PA      | $2958623.97   | 0.47%             | 2037-08-10      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Legg Mason Partners Institutional Trust                                           | Legg Mason Partners Institutional Trust GVT RSEVS PRM  | CUSIP: 52470G494<br>LEI: 549300WB3XRN9YTWFB76 | Long             | STIV             | RF                | US        |     9324664 | NS      | $9324664.09   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ETHIOPIA, REPUBLIC OF                                                             | ETHOPI 6.625 12/11/24 REGS                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ET        |    10900000 | PA      | $11165230.79  | 1.78%             | 2024-12-11      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                     | NGERIA 7.875 02/16/32 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     2600000 | PA      | $2636338.15   | 0.42%             | 2032-02-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Posco                                                                             | POHANG 5.75 01/17/28 144A                              | CUSIP: 73730EAD5<br>LEI: 9884000N94NH7G6LQ816 | Long             | DBT              | CORP              | KR        |     3500000 | PA      | $3571877.89   | 0.57%             | 2028-01-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                              | LVS 6 06/14/30                                         | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     1290000 | PA      | $1327465.22   | 0.21%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                  | TEVA 8.125 09/15/31                                    | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     1630000 | PA      | $1824247.10   | 0.29%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Instituto Costarricense de Electricidad                                           | COSICE 6.75 10/07/31 144A                              | CUSIP: 45777VAE7<br>LEI: 5493009VA6AFUB2Q0289 | Long             | DBT              | CORP              | CR        |     3100000 | PA      | $3229316.50   | 0.51%             | 2031-10-07      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                                              | TURKEY 9.375 03/14/29 6Y                               | CUSIP: 900123DH0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     3000000 | PA      | $3241419.45   | 0.52%             | 2029-03-14      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                          | EGYPT 5.875 02/16/31 RegS                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     5000000 | PA      | $4612936.00   | 0.73%             | 2031-02-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                            | ASIA 30 07/29/26 EMTN                                  | CUSIP: 000000000<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | PH        |   223720000 | PA      | $4593004.50   | 0.73%             | 2026-07-29      | Fixed         | 30.00%                | No            |                  2 | On Loan: No      |
| Melco Resorts Finance Limited                                                     | MPEL 5.375 12/04/29 REGS                               | CUSIP: 000000000<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     4500000 | PA      | $4325974.88   | 0.69%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sasol Financing USA LLC                                                           | SASOL 4.375 09/18/26                                   | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     6000000 | PA      | $5974731.60   | 0.95%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Ghana (Republic of)                                                               | GHANA 5 07/03/29 144A                                  | CUSIP: 374422AM5<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     2562313 | PA      | $2449445.45   | 0.39%             | 2029-07-03      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Senegal (Republic of)                                                             | SENEGL 6.25 05/23/33 REGS                              | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |     2000000 | PA      | $1070283.92   | 0.17%             | 2033-05-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Cordoba (Province Of)                                                             | PDCAR 6.99 06/01/27 144A                               | CUSIP: 74408DAD6<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |     1199266 | PA      | $1197635.50   | 0.19%             | 2027-06-01      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| Puma International Financing S.A.                                                 | PUMAFN 7.75 04/25/29 144A                              | CUSIP: 74588YAB6<br>LEI: 222100YFBPO7IDRUBR17 | Long             | DBT              | CORP              | LU        |     3250000 | PA      | $3321098.85   | 0.53%             | 2029-04-25      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ATP Tower HoldingsLLC/Andean Telecom Partners Chile SpA                           | ATPTOW 7.875 02/03/30 144A                             | CUSIP: 00193BAA0<br>LEI: 254900CIKL1FQZ45N873 | Long             | DBT              | CORP              | US        |     6500000 | PA      | $6595669.47   | 1.05%             | 2030-02-03      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                                              | PANAMA 3.87 07/23/60                                   | CUSIP: 698299BL7<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     6700000 | PA      | $4377043.00   | 0.70%             | 2060-07-23      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| Bank of America, National Association                                             | EUR/USD FORWARD                                        | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              | CORP              | US        |           1 | NC      | $19468.03     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                                         | PDVSA 9 11/17/21 REGS                                  | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |    16630000 | PA      | $6402550.00   | 1.02%             | 2021-11-17      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Orbia Advance Corp S A B De Cv                                                    | ORBIA 2.875 05/11/31 REGS                              | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | DBT              | CORP              | MX        |      990000 | PA      | $805315.50    | 0.13%             | 2031-05-11      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Jamaica (Government of)                                                           | JAMAN 9.625 11/03/30                                   | CUSIP: 470160CF7<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |   617000000 | PA      | $4117008.51   | 0.66%             | 2030-11-03      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                | DOMREP 5.875 01/30/60 REGS                             | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     4400000 | PA      | $3686980.00   | 0.59%             | 2060-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Uzbekistan (The Republic of)                                                      | UZBEK 3.7 11/25/30 REGS                                | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     4000000 | PA      | $3644779.56   | 0.58%             | 2030-11-25      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Jordan (Kingdom Of)                                                               | JORDAN 5.85 07/07/30 REGS                              | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     6350000 | PA      | $6262491.86   | 1.00%             | 2030-07-07      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Jordan (Kingdom Of)                                                               | JORDAN 7.5 01/13/29 REGS                               | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     1600000 | PA      | $1645158.11   | 0.26%             | 2029-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Yinson Boronia Production BV                                                      | YPANBR 8.947 07/31/42 144A                             | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |     2914380 | PA      | $3181162.35   | 0.51%             | 2042-07-31      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| Ueno Bank SA                                                                      | UENOPY 6.7 03/06/31 144A                               | CUSIP: 903934AB3<br>LEI: 98450099V56Z7DB78D05 | Long             | DBT              | CORP              | PY        |     3100000 | PA      | $3072503.00   | 0.49%             | 2031-03-06      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                    | ZFFNGR 6.75 04/23/30 144A                              | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1452123.45   | 0.23%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                          | EGYPT 7.625 05/29/32 144A                              | CUSIP: 03846JX54<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     1600000 | PA      | $1547432.13   | 0.25%             | 2032-05-29      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Prosus NV                                                                         | PRXNA 3.68 01/21/30 REGS                               | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     3200000 | PA      | $3031896.32   | 0.48%             | 2030-01-21      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| Bahamas (Commonwealth of)                                                         | BAHAMA 6.95 11/20/29 144A                              | CUSIP: 056732AG5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |     3000000 | PA      | $3012000.00   | 0.48%             | 2029-11-20      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                | DOMREP 6 07/19/28 144A                                 | CUSIP: 25714PDZ8<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     3200000 | PA      | $3229760.00   | 0.51%             | 2028-07-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Grupo Energia Bogota SA                                                           | GEBCB 5.75 10/22/35 144A                               | CUSIP: 40053XAC3<br>LEI: 529900LG618OWYVHI655 | Long             | DBT              | CORP              | CO        |     2000000 | PA      | $1916470.00   | 0.31%             | 2035-10-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Add Hero Holdings Ltd.                                                            | ADHERH 8.5 09/30/29 REGS                               | CUSIP: 000000000<br>LEI: 254900WMSDP48LFA7478 | Long             | DBT              | CORP              | VG        |     2067693 | PA      | $108140.34    | 0.02%             | 2029-09-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Kenya (Republic of)                                                               | KENINT 8 05/22/32 REGS                                 | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |      900000 | PA      | $867892.75    | 0.14%             | 2032-05-22      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Fresnillo PLC                                                                     | FRESLN 4.25 10/02/50 144A                              | CUSIP: 358070AB6<br>LEI: 549300JXWH1UV5J0XV81 | Long             | DBT              | CORP              | GB        |     3000000 | PA      | $2279160.60   | 0.36%             | 2050-10-02      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Iochpe Maxion Austria Gmbh                                                        | IOCMXW 5 05/07/28 REGS                                 | CUSIP: 000000000<br>LEI: 529900AOUL9V2EKUEZ41 | Long             | DBT              | CORP              | AT        |     2000000 | PA      | $1944300.60   | 0.31%             | 2028-05-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Qatar (State of)                                                                  | QATAR 5.103 04/23/48 144A                              | CUSIP: 74727PAY7<br>LEI: 52990074F6OJOAXK4P65 | Long             | DBT              | NUSS              | QA        |     4920000 | PA      | $4547962.59   | 0.72%             | 2048-04-23      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Fideicomiso Fibra Uno Sin Tipo De Sociedad                                        | FUNOTR 6.39 01/15/50 REGS                              | CUSIP: 000000000<br>LEI: 54930011BLQ0JPRBAL73 | Long             | DBT              | CORP              | MX        |     1250000 | PA      | $1125869.00   | 0.18%             | 2050-01-15      | Fixed         | 6.39%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                                                                 | HSBC V8 PERP                                           | CUSIP: 404280DT3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |     1800000 | PA      | $1859425.20   | 0.30%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Uzbekistan (The Republic of)                                                      | UZBEK 6.9 02/28/32 144A                                | CUSIP: 91824PAA5<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     1560000 | PA      | $1630654.15   | 0.26%             | 2032-02-28      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| LATAM Airlines Group SA                                                           | LTMCI 7.875 04/15/30 144A                              | CUSIP: 51817RAD8<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |     3000000 | PA      | $3033750.00   | 0.48%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Bahrain (Kingdom of)                                                              | BHRAIN 6.25 01/25/51 REGS                              | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     1000000 | PA      | $815621.20    | 0.13%             | 2051-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Asian Development Bank                                                            | ASIA 20.75 08/27/26 GMTN                               | CUSIP: 000000000<br>LEI: 549300X0MVH42CY8Q105 | Long             | DBT              | NUSS              | PH        |  5000000000 | PA      | $3577579.34   | 0.57%             | 2026-08-27      | Fixed         | 20.75%                | No            |                  2 | On Loan: No      |
| Cordoba (Province Of)                                                             | PDCAR 6.99 06/01/27 REGS                               | CUSIP: 000000000<br>LEI: 5299006CLM2Z97AATT29 | Long             | DBT              | NUSS              | AR        |      412500 | PA      | $411939.00    | 0.07%             | 2027-06-01      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| Ultrapar International S.A.                                                       | UGPABZ 5.25 10/06/26 144A                              | CUSIP: 90401CAA7<br>LEI: 222100CXHWBP3H3SK244 | Long             | DBT              | CORP              | LU        |      690000 | PA      | $689715.31    | 0.11%             | 2026-10-06      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                    | ZFFNGR 7.125 04/14/30 144A                             | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |     2500000 | PA      | $2466817.75   | 0.39%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                      | PEMEX 6.5 03/13/27                                     | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     2000000 | PA      | $2020424.00   | 0.32%             | 2027-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Prosus NV                                                                         | PRXNA 3.257 01/19/27 144A                              | CUSIP: 74365PAG3<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     2000000 | PA      | $1974803.04   | 0.31%             | 2027-01-19      | Fixed         | 3.26%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                                              | TURKEY 5.125 02/17/28 10Y                              | CUSIP: 900123CP3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     4000000 | PA      | $3949027.48   | 0.63%             | 2028-02-17      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                         | ELSALV 0.25 04/17/30 144a                              | CUSIP: 283875CD2<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     6250000 | PA      | $240424.38    | 0.04%             | 2030-04-17      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Add Hero Holdings Ltd.                                                            | ADHERH 9 09/30/30 REGS                                 | CUSIP: 000000000<br>LEI: 254900WMSDP48LFA7478 | Long             | DBT              | CORP              | VG        |     1683971 | PA      | $25259.57     | 0.00%             | 2030-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Perusahaan Listrik Negara PT                                                      | PLNIJ 5.25 05/15/47 REGS                               | CUSIP: 71568QAD9<br>LEI: 254900OYVDRYS9J51J61 | Long             | DBT              | CORP              | ID        |     3810000 | PA      | $3301006.86   | 0.53%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                             | REPHUN 5.5 03/26/36 144A                               | CUSIP: 445545AU0<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |    11000000 | PA      | $10734094.58  | 1.71%             | 2036-03-26      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Costa Rica (Republic Of)                                                          | COSTAR 7.3 11/13/54 144A                               | CUSIP: 221597CV7<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     1800000 | PA      | $1947663.00   | 0.31%             | 2054-11-13      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Transnet SOC Limited                                                              | SAFTRA 8.25 02/06/28 144A                              | CUSIP: 89378TAD5<br>LEI: 378900B07CD6F01EA796 | Long             | DBT              | CORP              | ZA        |     3100000 | PA      | $3210890.19   | 0.51%             | 2028-02-06      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Antofagasta PLC                                                                   | ANTOLN 5.625 05/13/32 144A                             | CUSIP: 03718NAB2<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |     1100000 | PA      | $1116201.90   | 0.18%             | 2032-05-13      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Guatemala (Republic of)                                                           | GUATEM 6.6 06/13/36 144A                               | CUSIP: 401494AW9<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     3000000 | PA      | $3157500.00   | 0.50%             | 2036-06-13      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                                     | DEUTSCHE BANK SECURITIES                               | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Short            | RA               | CORP              | US        |    -6505246 | PA      | $-6505246.13  | -1.04%            |  |  |  | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                  | CYH 6.875 04/15/29 144A                                | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     1750000 | PA      | $1684668.65   | 0.27%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Telecom Argentina SA                                                              | TECOAR 9.25 05/28/33 144A                              | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |     6150000 | PA      | $6373044.82   | 1.01%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                         | IVYCST 6.125 06/15/33 144A                             | CUSIP: 221625AN6<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     1200000 | PA      | $1133448.94   | 0.18%             | 2033-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Banco Central de la Republica Argentina                                           | BOPREA 3 05/31/26 3                                    | CUSIP: 000000000<br>LEI: 579100KKDDKIFCBKB062 | Long             | DBT              | NUSS              | AR        |     1020000 | PA      | $360408.23    | 0.06%             | 2026-05-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                             | UKRAIN 0 02/01/35 REGS                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     2549964 | PA      | $1190227.47   | 0.19%             | 2035-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Oman (Sultanate Of)                                                               | OMAN 5.625 01/17/28 144A                               | CUSIP: 682051AH0<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     7500000 | PA      | $7596354.23   | 1.21%             | 2028-01-17      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Qazaqgaz National Co JSC                                                          | KZTGKZ 4.375 09/26/27 REGS                             | CUSIP: 000000000<br>LEI: 635400YGLXBBSVHONW39 | Long             | DBT              | CORP              | KZ        |     4200000 | PA      | $4171104.13   | 0.66%             | 2027-09-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                                              | PANAMA 9.375 04/01/29                                  | CUSIP: 698299AK0<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |      910000 | PA      | $1026097.80   | 0.16%             | 2029-04-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                             | UKRAIN 4.5 02/01/36 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     3837998 | PA      | $1984097.36   | 0.32%             | 2036-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                                              | ANGOL 9.125 11/26/49 REGS                              | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    13560000 | PA      | $11825420.94  | 1.88%             | 2049-11-26      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Uruguay (Republic Of)                                                             | URUGUA 5.1 06/18/50                                    | CUSIP: 760942BA9<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |     3260000 | PA      | $2998874.00   | 0.48%             | 2050-06-18      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                     | NGERIA 8.375 03/24/29 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     1500000 | PA      | $1577824.26   | 0.25%             | 2029-03-24      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Transportadora de Gas del Peru S.A.                                               | TGPERU 4.25 04/30/28 REGS                              | CUSIP: 000000000<br>LEI: 529900SKHHNI5HVI0Y66 | Long             | DBT              | CORP              | PE        |      648000 | PA      | $644625.02    | 0.10%             | 2028-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bahrain (Kingdom of)                                                              | BHRAIN 5.625 09/30/31 REGS                             | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     7000000 | PA      | $6489124.04   | 1.03%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                           | INDON 6.625 02/17/37 REGS                              | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     3210000 | PA      | $3494486.92   | 0.56%             | 2037-02-17      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Guatemala (Republic of)                                                           | GUATEM 5.375 04/24/32 144A                             | CUSIP: 401494AS8<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |     4300000 | PA      | $4261300.00   | 0.68%             | 2032-04-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Petrobras Global Finance B.V.                                                     | PETBRA 5.75 02/01/29                                   | CUSIP: 71647NAZ2<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     4000000 | PA      | $4059068.00   | 0.65%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Melco Resorts Finance Limited                                                     | MPEL 6.5 09/24/33 144A                                 | CUSIP: 58547DAJ8<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     2830000 | PA      | $2718726.47   | 0.43%             | 2033-09-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                        | SOAF 6.125 12/11/37 144A                               | CUSIP: 836205BH6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     1250000 | PA      | $1161250.00   | 0.18%             | 2037-12-11      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                            | STANLN V2.608 01/12/28 REGS                            | CUSIP: 000000000<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | DBT              | CORP              | GB        |     2300000 | PA      | $2266084.68   | 0.36%             | 2028-01-12      | Fixed         | 2.61%                 | No            |                  2 | On Loan: No      |
| Millicom International Cellular SA                                                | TIGO 6.25 03/25/29 144A                                | CUSIP: 600814AQ0<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     1638900 | PA      | $1633877.75   | 0.26%             | 2029-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Banco Nacional de Panama                                                          | BCONAL 2.5 08/11/30 REGS                               | CUSIP: 000000000<br>LEI: 529900H2Q7WMDKKIW109 | Long             | DBT              | NUSS              | PA        |     4000000 | PA      | $3549224.40   | 0.57%             | 2030-08-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Turk Telekomunikasyon A.S.                                                        | TURKTI 7.375 05/20/29 144A                             | CUSIP: 90011QAD2<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |     4000000 | PA      | $4044869.08   | 0.64%             | 2029-05-20      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Biocon Biologics Global PLC                                                       | BIOLIN 6.67 10/09/29 144A                              | CUSIP: 090978AA5<br>LEI: 254900PMQN51VACG2D55 | Long             | DBT              | CORP              | GB        |     2000000 | PA      | $1978646.56   | 0.32%             | 2029-10-09      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| Lima Metro Line 2 Finance Limited                                                 | LIMAMT 4.35 04/05/36 144A                              | CUSIP: 532522AB5<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | NUSS              | KY        |     2775991 | PA      | $2640692.74   | 0.42%             | 2036-04-05      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Costa Rica (Republic Of)                                                          | COSTAR 7.158 03/12/45 144A                             | CUSIP: 221597BV8<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     4200000 | PA      | $4471278.00   | 0.71%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| Fideicomiso Fibra Uno Sin Tipo De Sociedad                                        | FUNOTR 4.869 01/15/30 144A                             | CUSIP: 898339AA4<br>LEI: 54930011BLQ0JPRBAL73 | Long             | DBT              | CORP              | MX        |     5250000 | PA      | $5040140.18   | 0.80%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                        | SAGB 6.5 02/28/41 R214                                 | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    93920000 | PA      | $4151841.80   | 0.66%             | 2041-02-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                                      | B 0 05/05/26                                           | CUSIP: 912797TL1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     6500000 | PA      | $6477806.47   | 1.03%             | 2026-05-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru - Petroperu SA                                                 | PETRPE 4.75 06/19/32 REGS                              | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |     3800000 | PA      | $3015927.00   | 0.48%             | 2032-06-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bank Leumi Le-Israel BM                                                           | LUMIIT V7.129 07/18/33                                 | CUSIP: 000000000<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |     1000000 | PA      | $1030245.00   | 0.16%             | 2033-07-18      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                     | NGERIA 6.125 09/28/28 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     1820000 | PA      | $1810133.53   | 0.29%             | 2028-09-28      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                        | SOAF 5.75 09/30/49 30Y                                 | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     2000000 | PA      | $1548873.56   | 0.25%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CEMEX S.A.B. de C.V.                                                              | CEMEX 5.45 11/19/29 REGS                               | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |     1000000 | PA      | $1000859.00   | 0.16%             | 2029-11-19      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                        | SAGB 6.25 03/31/36 R209                                | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    35700000 | PA      | $1695656.53   | 0.27%             | 2036-03-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kenya (Republic of)                                                               | KENINT 7.25 02/28/28 REGS                              | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |     4680000 | PA      | $4653032.11   | 0.74%             | 2028-02-28      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Costa Rica (Republic Of)                                                          | COSTAR 6.125 02/19/31 REGS                             | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |     1050000 | PA      | $1075693.50   | 0.17%             | 2031-02-19      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                             | UKRAIN 4.5 02/01/35 REGS                               | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     4258403 | PA      | $2243299.87   | 0.36%             | 2035-02-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital Services, Inc.                                                    | HYUCAP 5.25 01/22/28 REGS                              | CUSIP: 000000000<br>LEI: 549300MALMDAGL2ZJJ27 | Long             | DBT              | CORP              | KR        |     1500000 | PA      | $1519760.57   | 0.24%             | 2028-01-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Add Hero Holdings Ltd.                                                            | ADHERH 9.8 09/30/31 REGS                               | CUSIP: 000000000<br>LEI: 254900WMSDP48LFA7478 | Long             | DBT              | CORP              | VG        |     2222875 | PA      | $30564.53     | 0.00%             | 2031-09-30      | Fixed         | 9.80%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DEL NORTE SA CAYMAN ISLANDS BRANCH                                | BANORT V5.875 PERP REGs                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     2500000 | PA      | $2471083.75   | 0.39%             | N/A             | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Eskom Holdings SOC Limited                                                        | ESKOM 4.314 07/23/27                                   | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |     9600000 | PA      | $9464661.98   | 1.51%             | 2027-07-23      | Fixed         | 4.31%                 | No            |                  2 | On Loan: No      |
| Uzbekistan (The Republic of)                                                      | UZBEK 3.9 10/19/31 144A                                | CUSIP: 91822Q2E6<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |     2000000 | PA      | $1810033.72   | 0.29%             | 2031-10-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Southern Copper Corporation                                                       | SCCO 7.5 07/27/35                                      | CUSIP: 84265VAA3<br>LEI: 2549007U6NAP46Q9TU15 | Long             | DBT              | CORP              | US        |      310000 | PA      | $354690.84    | 0.06%             | 2035-07-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                                                  | CFELEC 3.348 02/09/31 144A                             | CUSIP: 200447AH3<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     2020000 | PA      | $1811008.78   | 0.29%             | 2031-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd.                                                                   | WYNMAC 5.5 10/01/27 144A                               | CUSIP: 98313RAD8<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |     3000000 | PA      | $2972533.14   | 0.47%             | 2027-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                              | LVS 5.625 06/15/28                                     | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     3500000 | PA      | $3546272.28   | 0.56%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Pampa Energia SA                                                                  | PAMPAR 7.95 09/10/31 144A                              | CUSIP: 697660AE8<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |      350000 | PA      | $365277.50    | 0.06%             | 2031-09-10      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Eagle Funding Luxco S.a.r.l.                                                      | MEXPCP 5.5 08/17/30 144A                               | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | CORP              | LU        |     1400000 | PA      | $1409100.00   | 0.22%             | 2030-08-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                         | IVYCST 7.625 01/30/33 144A                             | CUSIP: 221625AT3<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     3910000 | PA      | $3983663.93   | 0.63%             | 2033-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Benin (The Republic of)                                                           | BENIN 7.96 02/13/38 144A                               | CUSIP: 08205QAA6<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     3200000 | PA      | $3145486.82   | 0.50%             | 2038-02-13      | Fixed         | 7.96%                 | No            |                  2 | On Loan: No      |
| Empresa de los Ferrocarriles del Estado                                           | BFFCC 3.83 09/14/61 144A                               | CUSIP: 292487AB1<br>LEI: 8755006LY8XNRFOGWN86 | Long             | DBT              | CORP              | CL        |     1800000 | PA      | $1217508.41   | 0.19%             | 2061-09-14      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                             | UKRAIN 0 02/01/30 REGS                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      807487 | PA      | $474906.97    | 0.08%             | 2030-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                                     | DEUTSCHE BANK SECURITIES                               | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Short            | RA               | CORP              | US        |    -4463828 | PA      | $-4463827.50  | -0.71%            |  |  |  | No            |                  2 | On Loan: No      |
| AFRICA FINANCE CORP                                                               | AFRFIN 3.75 10/30/29                                   | CUSIP: 000000000<br>LEI: 213800LXFHRRXIJRXW97 | Long             | DBT              | NUSS              | NG        |     3000000 | PA      | $2846096.25   | 0.45%             | 2029-10-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                      | T 3.875 07/31/27                                       | CUSIP: 91282CNP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     5000000 | PA      | $5002539.05   | 0.80%             | 2027-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos Sa De CV                                                      | PEMEX 5.35 02/12/28                                    | CUSIP: 71654QCK6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    15500000 | PA      | $15339398.30  | 2.44%             | 2028-02-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                          | EGYPT 7.903 02/21/48 REGS                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    10560000 | PA      | $8619606.12   | 1.37%             | 2048-02-21      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                                              | LVS 3.9 08/08/29                                       | CUSIP: 517834AF4<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |     1500000 | PA      | $1446228.30   | 0.23%             | 2029-08-08      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Jordan (Kingdom Of)                                                               | JORDAN 7.75 01/15/28 144A                              | CUSIP: 41809JAA3<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     3120000 | PA      | $3188856.37   | 0.51%             | 2028-01-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Bank Leumi Le-Israel BM                                                           | LUMIIT 5.125 07/27/27                                  | CUSIP: 000000000<br>LEI: 7JDSZWRGUQY2DSTWCR57 | Long             | DBT              | CORP              | IL        |     3300000 | PA      | $3298352.31   | 0.53%             | 2027-07-27      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                      | T 3.375 02/29/28                                       | CUSIP: 91282CQB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     2500000 | PA      | $2480468.75   | 0.39%             | 2028-02-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru - Petroperu SA                                                 | PETRPE 5.625 06/19/47 144A                             | CUSIP: 716564AB5<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |     3300000 | PA      | $2318580.00   | 0.37%             | 2047-06-19      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Discovery Global Holdings Inc.                                                    | WBD 4.279 03/15/32 *                                   | CUSIP: 55903VBQ5<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |      871000 | PA      | $771923.75    | 0.12%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                      | T 3.875 05/31/27                                       | CUSIP: 91282CNE7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     4750000 | PA      | $4753525.40   | 0.76%             | 2027-05-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Gabonese (Republic of)                                                            | GABON 6.625 02/06/31 REGS                              | CUSIP: 000000000<br>LEI: 213800XA7X746GRPXA35 | Long             | DBT              | NUSS              | GA        |     2000000 | PA      | $1675274.42   | 0.27%             | 2031-02-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| El Salvador (Republic of)                                                         | ELSALV 9.25 04/17/30 144A                              | CUSIP: 283875CE0<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     6250000 | PA      | $6509000.00   | 1.04%             | 2030-04-17      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| JSC National Company KazMunayGas                                                  | KZOKZ 3.5 04/14/33 REGS                                | CUSIP: 000000000<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |    16300000 | PA      | $14645854.00  | 2.33%             | 2033-04-14      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| China Aoyuan Group Ltd                                                            | CAPG 0 09/30/28 REGS                                   | CUSIP: 000000000<br>LEI: 549300YSOKQO5QD6MP25 | Long             | DBT              | CORP              | KY        |      260782 | PA      | $6204.00      | 0.00%             | 2028-09-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                                                        | BABA 2.125 02/09/31                                    | CUSIP: 01609WAX0<br>LEI: 5493001NTNQJDH60PM02 | Long             | DBT              | CORP              | KY        |     1600000 | PA      | $1446877.57   | 0.23%             | 2031-02-09      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                                              | TURKEY 4.875 04/16/43 30Y                              | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     2160000 | PA      | $1520879.70   | 0.24%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Saudi Arabia (Kingdom of)                                                         | KSA 4.625 10/04/47 REGS                                | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     2500000 | PA      | $2062022.95   | 0.33%             | 2047-10-04      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Aes Andes S.A                                                                     | AES V8.15 06/10/55 144A                                | CUSIP: 00111VAC1<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |     2000000 | PA      | $2103390.82   | 0.33%             | 2055-06-10      | Fixed         | 8.15%                 | No            |                  2 | On Loan: No      |
| Raizen Fuels Finance SA                                                           | RAIZBZ 6.45 03/05/34 144A                              | CUSIP: 75102XAB2<br>LEI: 52990010NH26VC32Q522 | Long             | DBT              | CORP              | LU        |     1500000 | PA      | $825937.50    | 0.13%             | 2034-03-05      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| Sasol Financing USA LLC                                                           | SASOL 5.5 03/18/31                                     | CUSIP: 80386WAD7<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |     1400000 | PA      | $1264214.42   | 0.20%             | 2031-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Korea Housing Finance Corp                                                        | KHFC 3.875 09/17/30 144A                               | CUSIP: 50065RAW7<br>LEI: 9884002AAOBT56QW9B80 | Long             | DBT              | NUSS              | KR        |     1000000 | PA      | $984434.58    | 0.16%             | 2030-09-17      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                | DOMREP 4.875 09/23/32 REGS                             | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     3800000 | PA      | $3510820.00   | 0.56%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                             | UKRAIN 0 02/01/34 REGS                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     3017457 | PA      | $1297416.53   | 0.21%             | 2034-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| EGE HAINA FINANCE CO                                                              | EGEHAI 5.625 11/08/28 144A                             | CUSIP: 29249FAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     4250000 | PA      | $4117102.50   | 0.66%             | 2028-11-08      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| First Quantum Minerals Ltd.                                                       | FMCN 8.625 06/01/31 144A                               | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     4000000 | PA      | $4152376.00   | 0.66%             | 2031-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                | DOMREP 10.5 03/15/37 REGs                              | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    85000000 | PA      | $1457535.21   | 0.23%             | 2037-03-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                                            | PARGUY 2.739 01/29/33 144A                             | CUSIP: 699149AK6<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     1900000 | PA      | $1673425.00   | 0.27%             | 2033-01-29      | Fixed         | 2.74%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                                              | ANGOL 8.25 05/09/28 REGS                               | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     2150000 | PA      | $2170810.02   | 0.35%             | 2028-05-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Indonesia (Republic of)                                                           | INDON 5.25 01/17/42 144A                               | CUSIP: 455780BJ4<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |     5000000 | PA      | $4790833.05   | 0.76%             | 2042-01-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                                           | VENZ 9.25 09/15/27                                     | CUSIP: 922646AS3<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |     4205000 | PA      | $2018400.00   | 0.32%             | 2027-09-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                                                   | IADB 6.65 02/06/31 GMTN                                | CUSIP: 000000000<br>LEI: VKU1UKDS9E7LYLMACP54 | Long             | DBT              | NUSS              | US        |  1000000000 | PA      | $2092860.97   | 0.33%             | 2031-02-06      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| EIG Pearl Holdings S.a r.l.                                                       | EIGPRL 3.545 08/31/36 144A                             | CUSIP: 28249NAA9<br>LEI: 549300KIMRL45BWA5H76 | Long             | DBT              | CORP              | LU        |     1939832 | PA      | $1738097.23   | 0.28%             | 2036-08-31      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                         | IVYCST 6.125 06/15/33 REGS                             | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     2500000 | PA      | $2361351.95   | 0.38%             | 2033-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Adani Ports And Special Economic Zone Ltd.                                        | ADSEZ 3.828 02/02/32 REGS                              | CUSIP: 000000000<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |      700000 | PA      | $619118.21    | 0.10%             | 2032-02-02      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| Bahrain (Kingdom of)                                                              | BHRAIN 7 10/12/28 REGS                                 | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     2000000 | PA      | $1995520.54   | 0.32%             | 2028-10-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Prosus NV                                                                         | PRXNA 3.061 07/13/31 144A                              | CUSIP: 74365PAF5<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | DBT              | CORP              | NL        |     2000000 | PA      | $1792853.06   | 0.29%             | 2031-07-13      | Fixed         | 3.06%                 | No            |                  2 | On Loan: No      |
| Buenos Aires (Province Of)                                                        | BUENOS 6.625 09/01/37 144A                             | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |    10051223 | PA      | $7601237.57   | 1.21%             | 2037-09-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Chile (Republic Of)                                                               | CHILE 3.5 01/31/34                                     | CUSIP: 168863DV7<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     4000000 | PA      | $3617000.00   | 0.58%             | 2034-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Comision Federal de Electricidad                                                  | CFELEC 3.875 07/26/33 REGS                             | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |     1000000 | PA      | $857059.50    | 0.14%             | 2033-07-26      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury Notes                                                      | T 3.625 09/30/31                                       | CUSIP: 91282CLM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     3500000 | PA      | $3434238.29   | 0.55%             | 2031-09-30      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Galaxy Pipeline Assets Bidco Ltd.                                                 | ADGLXY 1.75 09/30/27 REGS                              | CUSIP: 000000000<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |      585848 | PA      | $570432.20    | 0.09%             | 2027-09-30      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Turkey (Republic of)                                                              | TURKEY 7.625 05/15/34 10Y                              | CUSIP: 900123DK3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     3040000 | PA      | $3095010.59   | 0.49%             | 2034-05-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Venezuela (Republic Of)                                                           | VENZ 7.75 10/13/19                                     | CUSIP: 000000000<br>LEI: 529900XM8PJTJK5OJI77 | Long             | DBT              | NUSS              | VE        |    22130000 | PA      | $9128625.00   | 1.45%             | 2019-10-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Jordan (Kingdom Of)                                                               | JORDAN 7.375 10/10/47 144A                             | CUSIP: 418097AJ0<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     3820000 | PA      | $3594514.15   | 0.57%             | 2047-10-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Petrobras Global Finance B.V.                                                     | PETBRA 7.375 01/17/27                                  | CUSIP: 71647NAS8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |     3000000 | PA      | $3051789.00   | 0.49%             | 2027-01-17      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Buenos Aires (Province Of)                                                        | BUENOS 6.625 09/01/37 REGS                             | CUSIP: 000000000<br>LEI: 549300L6AYROPOTQ4L07 | Long             | DBT              | NUSS              | AR        |     3157370 | PA      | $2387761.06   | 0.38%             | 2037-09-01      | Variable      | 6.62%                 | No            |                  2 | On Loan: No      |
| Antofagasta PLC                                                                   | ANTOLN 5.625 09/09/35 144A                             | CUSIP: 03718NAD8<br>LEI: 213800MY6QVH4FVLD628 | Long             | DBT              | CORP              | GB        |     3000000 | PA      | $2967594.72   | 0.47%             | 2035-09-09      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Petroleos de Venezuela SA                                                         | PDVSA 6 05/16/24 REGS                                  | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | NUSS              | VE        |     8145000 | PA      | $2803509.00   | 0.45%             | 2024-05-16      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bahamas (Commonwealth of)                                                         | BAHAMA 9 06/16/29 144A                                 | CUSIP: 056732AM2<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |     8000000 | PA      | $8548000.00   | 1.36%             | 2029-06-16      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Pampa Energia SA                                                                  | PAMPAR 7.875 12/16/34 144A                             | CUSIP: 697660AF5<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |     1000000 | PA      | $1034650.00   | 0.16%             | 2034-12-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                          | EGYPT 5.8 09/30/27 REGS                                | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      640000 | PA      | $632707.13    | 0.10%             | 2027-09-30      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Hungarian Export-Import Bank Pte Ltd.                                             | MAEXIM 6.125 12/04/27 144A                             | CUSIP: 55977YAA6<br>LEI: 529900O4UGETQ9Q3AA63 | Long             | DBT              | NUSS              | HU        |     1900000 | PA      | $1922624.97   | 0.31%             | 2027-12-04      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                             | ROMANI 3.625 03/27/32 REGS                             | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |    16840000 | PA      | $14808089.30  | 2.36%             | 2032-03-27      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Tengizchevroil Finance Company International Ltd.                                 | TENGIZ 4 08/15/26 REGS                                 | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |     3900000 | PA      | $3890582.63   | 0.62%             | 2026-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Angola (Republic of)                                                              | ANGOL 8 11/26/29 144A                                  | CUSIP: 035198AD2<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     4930000 | PA      | $4881623.09   | 0.78%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| YPF Sociedad Anonima                                                              | YPFDAR 6.95 07/21/27 144A                              | CUSIP: 984245AQ3<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |     1320000 | PA      | $1326010.67   | 0.21%             | 2027-07-21      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| African Export-Import Bank                                                        | AFREXI 3.798 05/17/31 144A                             | CUSIP: 00831TAC5<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | EG        |     3000000 | PA      | $2673522.96   | 0.43%             | 2031-05-17      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                                     | DEUTSCHE BANK SECURITIES                               | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Short            | RA               | CORP              | US        |    -3359854 | PA      | $-3359854.00  | -0.53%            |  |  |  | No            |                  2 | On Loan: No      |
| Peru (Republic Of)                                                                | PERU 8.75 11/21/33                                     | CUSIP: 715638AP7<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     5498000 | PA      | $6659177.60   | 1.06%             | 2033-11-21      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                                                | DOMREP 5.3 01/21/41 REGS                               | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |     8000000 | PA      | $6826400.00   | 1.09%             | 2041-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Saavi Energia S.a.r.l.                                                            | SAAVIE 8.875 02/10/35 144A                             | CUSIP: 78518PAA3<br>LEI: 254900A2V0IO8K56UH35 | Long             | DBT              | CORP              | LU        |     1600000 | PA      | $1681040.00   | 0.27%             | 2035-02-10      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Ulker Biskuvi Sanayi A S                                                          | ULKER 7.875 07/08/31 144A                              | CUSIP: 903742AB0<br>LEI: 7890009HEU9BS7J3DA93 | Long             | DBT              | CORP              | TR        |     2000000 | PA      | $2021294.06   | 0.32%             | 2031-07-08      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PT Pertamina (Persero)                                                            | PERTIJ 6.5 05/27/41 144A                               | CUSIP: 69369EAB5<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     1500000 | PA      | $1533111.11   | 0.24%             | 2041-05-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hungary (Republic Of)                                                             | REPHUN 3.125 09/21/51 144A                             | CUSIP: 445545AN6<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     1300000 | PA      | $777248.42    | 0.12%             | 2051-09-21      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Bahrain (Kingdom of)                                                              | BHRAIN 7.5 09/20/47 144A                               | CUSIP: 05674RAK0<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |     7400000 | PA      | $7018118.56   | 1.12%             | 2047-09-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                                             | ECUA 6.9 07/31/35 REGS                                 | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     4760000 | PA      | $4203936.80   | 0.67%             | 2035-07-31      | Variable      | 6.90%                 | No            |                  2 | On Loan: No      |
| ARMENIA, REPUBLIC OF - MINISTRY OF FINANCE                                        | ARMEN 3.6 02/02/31 144A                                | CUSIP: 042207AD2<br>LEI: 2549008QLWTFS81EUF38 | Long             | DBT              | NUSS              | AM        |     7000000 | PA      | $6233368.96   | 0.99%             | 2031-02-02      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                    | ECOPET 5.875 11/02/51                                  | CUSIP: 279158AQ2<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     3000000 | PA      | $2115120.51   | 0.34%             | 2051-11-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Sagicor Financial Co Ltd.                                                         | SFCCN 5.3 05/13/28 144A                                | CUSIP: 78669QAA8<br>LEI: 984500P7FADAA3A50B04 | Long             | DBT              | CORP              | BM        |     3600000 | PA      | $3585924.00   | 0.57%             | 2028-05-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Ukraine (Republic of)                                                             | UKRAIN 0 02/01/36 REGS                                 | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     2124969 | PA      | $992040.14    | 0.16%             | 2036-02-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Adient Global Holdings Ltd                                                        | ADNT 8.25 04/15/31 144A                                | CUSIP: 00687YAC9<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |     2250000 | PA      | $2335295.25   | 0.37%             | 2031-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Inretail Shopping Malls                                                           | INRSHM 5.65 10/16/32 144A                              | CUSIP: 45780UAC8<br>LEI: 254900340JT2D5SHMA49 | Long             | DBT              | CORP              | PE        |     2000000 | PA      | $1947000.00   | 0.31%             | 2032-10-16      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Colombia (Republic Of)                                                            | COLOM 3.25 04/22/32                                    | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |     3500000 | PA      | $2925090.00   | 0.47%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Greensaif Pipelines Bidco S.a r.l.                                                | GASBCM 5.8528 02/23/36 144A                            | CUSIP: 39541EAD5<br>LEI: 549300YWDGUXPB8GRP47 | Long             | DBT              | CORP              | LU        |     1500000 | PA      | $1507032.00   | 0.24%             | 2036-02-23      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Meglobal Canada Ulc                                                               | EQPTRC 5.875 05/18/30 144A                             | CUSIP: 58518N2A9<br>LEI: 635400MHHHT7LMKMQL03 | Long             | DBT              | CORP              | CA        |     4100000 | PA      | $4142563.95   | 0.66%             | 2030-05-18      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Panama (Republic of)                                                              | PANAMA 4.5 04/16/50                                    | CUSIP: 698299BH6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |     2430000 | PA      | $1852389.00   | 0.29%             | 2050-04-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Sri Lanka (Democratic Socialist Republic of)                                      | SRILAN 3.1 01/15/30 144A                               | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      517950 | PA      | $476525.59    | 0.08%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Mizrahi Tefahot Bank Limited                                                      | MZRHIT V3.077 04/07/31                                 | CUSIP: 000000000<br>LEI: YZO9YEGEO4VYDZMDWF93 | Long             | DBT              | CORP              | IL        |     1500000 | PA      | $1500791.85   | 0.24%             | 2031-04-07      | Fixed         | 3.08%                 | No            |                  2 | On Loan: No      |
| Transportadora de Gas Internacional S.A. E.S.P.                                   | TRAGSA 5.55 11/01/28 144A                              | CUSIP: 89387YAC5<br>LEI: 529900780HCVLCEM2440 | Long             | DBT              | CORP              | CO        |      750000 | PA      | $747427.50    | 0.12%             | 2028-11-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| THREELANDS ENERGY LTD SARL                                                        | THREEL 7.45 10/20/35 144A                              | CUSIP: 88580LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     2000000 | PA      | $2026900.00   | 0.32%             | 2035-10-20      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| Poland (Republic of)                                                              | POLAND 4.875 10/04/33 10Y                              | CUSIP: 731011AV4<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     7000000 | PA      | $7011834.20   | 1.12%             | 2033-10-04      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                       | 2-Year T-Note Futures, Jun-2026,ETH                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |         479 | NC      | $-719046.66   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT                                  | EBRD 21 07/21/26 EMTN                                  | CUSIP: 000000000<br>LEI: 549300HTGDOVDU6OGK19 | Long             | DBT              | NUSS              | GB        |  2850000000 | PA      | $2069111.54   | 0.33%             | 2026-07-21      | Fixed         | 21.00%                | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd.                                                           | LGENSO 5.375 04/02/30 REGS                             | CUSIP: 000000000<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |     1250000 | PA      | $1260827.08   | 0.20%             | 2030-04-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Ecuador (Republic Of)                                                             | ECUA 5 07/31/40 144A                                   | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    12680000 | PA      | $9953800.00   | 1.58%             | 2040-07-31      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                                             | ALTICE 5.75 08/15/29 144a                              | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |     2000000 | PA      | $1402421.80   | 0.22%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                  | TEVA 4.1 10/01/46                                      | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |     4000000 | PA      | $2969984.40   | 0.47%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| South Africa (Republic of)                                                        | SOAF 5 10/12/46 30Y                                    | CUSIP: 836205AV6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     5000000 | PA      | $3607744.10   | 0.57%             | 2046-10-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sands China Ltd.                                                                  | SANLTD 5.4 08/08/28                                    | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |     2700000 | PA      | $2721918.60   | 0.43%             | 2028-08-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Argentina (Republic Of)                                                           | ARGENT 4.125 07/09/35                                  | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |    20300000 | PA      | $14666750.00  | 2.34%             | 2035-07-09      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                    | ECOPET 5.875 05/28/45                                  | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     4900000 | PA      | $3611547.50   | 0.57%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OCP SA                                                                            | OCPMR 3.75 06/23/31 REGS                               | CUSIP: 000000000<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |     7000000 | PA      | $6366122.00   | 1.01%             | 2031-06-23      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| African Export-Import Bank                                                        | AFREXI 2.634 05/17/26 REGS                             | CUSIP: 000000000<br>LEI: 21380068LJCDYA42GJ76 | Long             | DBT              | NUSS              | EG        |     3100000 | PA      | $3097874.42   | 0.49%             | 2026-05-17      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Aes Andes S.A                                                                     | AES 6.25 03/14/32 144A                                 | CUSIP: 00111VAD9<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |      800000 | PA      | $821552.80    | 0.13%             | 2032-03-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Nigeria (Federal Republic of)                                                     | NGERIA 7.696 02/23/38 REGS                             | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |     9930000 | PA      | $9609131.41   | 1.53%             | 2038-02-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Nova Securitisation S.a r.l.                                                      | SBSPAB 5.75 02/03/31 144A                              | CUSIP: 66984FAA5<br>LEI: 636700QG9R13IDZO4Y16 | Long             | DBT              | CORP              | LU        |     1500000 | PA      | $1453095.90   | 0.23%             | 2031-02-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PT Pertamina (Persero)                                                            | PERTIJ 4.15 02/25/60 REGS                              | CUSIP: 69370RAJ6<br>LEI: 254900NDAKGNZ2IBBL45 | Long             | DBT              | CORP              | ID        |     2000000 | PA      | $1390246.86   | 0.22%             | 2060-02-25      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.                                       | Ultra 10-Year U.S. Treasury Note Futures, Jun-2026,ETH | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        -102 | NC      | $210099.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vedanta Resources Finance II PLC                                                  | VEDLN 10.875 09/17/29 144A                             | CUSIP: 92243XAH4<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |     2000000 | PA      | $2092782.54   | 0.33%             | 2029-09-17      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (WORLD BANK)                | IBRD 8.05 05/10/28 EMTN                                | CUSIP: 000000000<br>LEI: ZTMSNXROF84AHWJNKQ93 | Long             | DBT              | NUSS              | US        |   312500000 | PA      | $7747782.49   | 1.23%             | 2028-05-10      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| Paraguay (Republic of)                                                            | PARGUY 6.65 03/04/55 144A                              | CUSIP: 699149BY5<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |     2220000 | PA      | $2309688.00   | 0.37%             | 2055-03-04      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Petrobras Global Finance B.V.                                                     | PETBRA 6.85 06/05/15                                   | CUSIP: 71647NAN9<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    13800000 | PA      | $12566767.14  | 2.00%             | 2115-06-05      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| FIDEICOMISO FIBRA UNO SIN TIPO DE SOCIEDAD                                        | FUNOTR 4.869 01/15/30 REGS                             | CUSIP: 000000000<br>LEI: 54930011BLQ0JPRBAL73 | Long             | DBT              | CORP              | MX        |     2800000 | PA      | $2688074.76   | 0.43%             | 2030-01-15      | Fixed         | 4.87%                 | No            |                  2 | On Loan: No      |
| Ivory Coast (Republic Of)                                                         | IVYCST 6.75 02/25/41 144A                              | CUSIP: 221625AX4<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     7000000 | PA      | $6164399.71   | 0.98%             | 2041-02-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| China Aoyuan Group Ltd                                                            | China Aoyuan Group Ltd HKD0.01                         | CUSIP: 000000000<br>LEI: 549300YSOKQO5QD6MP25 | Long             | EC               | CORP              | KY        |      729465 | NS      | $5569.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Egypt (Arab Republic of)                                                          | EGYPT 6.588 02/21/28 REGS                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     2000000 | PA      | $1992822.56   | 0.32%             | 2028-02-21      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| PETRONAS Capital Ltd.                                                             | PETMK 2.48 01/28/32 REGS                               | CUSIP: 000000000<br>LEI: 549300G7YFX3540OYR85 | Long             | DBT              | CORP              | MY        |     3000000 | PA      | $2686615.11   | 0.43%             | 2032-01-28      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| HTA Group Limited (Mauritius)                                                     | HLSTWR 7.5 06/04/29 144A                               | CUSIP: 40435WAC4<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |     1000000 | PA      | $1018869.27   | 0.16%             | 2029-06-04      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Romania (Republic Of)                                                             | ROMANI 7.5 02/10/37 144A                               | CUSIP: 77586RAW0<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     6200000 | PA      | $6562166.12   | 1.04%             | 2037-02-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Czechoslovak Group A.S.                                                           | CZGRPA 6.5 01/10/31 144A                               | CUSIP: 000000000<br>LEI: 315700SWFD7G70AVG768 | Long             | DBT              | CORP              | CZ        |     1560000 | PA      | $1596114.95   | 0.25%             | 2031-01-10      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK SECURITIES INC.                                                     | DEUTSCHE BANK SECURITIES                               | CUSIP: 000000000<br>LEI: 9J6MBOOO7BECTDTUZW19 | Short            | RA               | CORP              | US        |    -5805242 | PA      | $-5805241.50  | -0.92%            |  |  |  | No            |                  2 | On Loan: No      |
| Oman (Sultanate Of)                                                               | OMAN 6.75 01/17/48 REGS                                | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |     6500000 | PA      | $6773303.23   | 1.08%             | 2048-01-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Banco del Estado de Chile                                                         | BANCO V7.95 PERP 144A                                  | CUSIP: 05957AAC3<br>LEI: 5493004R4EJC0W0XVQ72 | Long             | DBT              | NUSS              | CL        |     2000000 | PA      | $2107140.00   | 0.34%             | N/A             | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| Uruguay (Republic Of)                                                             | URUGUA 5.75 10/28/34                                   | CUSIP: 760942BE1<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    10408526 | PA      | $10890440.75  | 1.73%             | 2034-10-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| China Aoyuan Group Ltd                                                            | CAPG 0 PERP REGS                                       | CUSIP: 000000000<br>LEI: 549300YSOKQO5QD6MP25 | Long             | DBT              | CORP              | KY        |     2917855 | PA      | $21883.91     | 0.00%             | N/A             | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| Grupo Nutresa Sa                                                                  | NUTRES 8 05/12/30 144A                                 | CUSIP: 40055CAA1<br>LEI: 254900KKAX7B7RJUE255 | Long             | DBT              | CORP              | CO        |     3000000 | PA      | $3180750.00   | 0.51%             | 2030-05-12      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Western Asset Emerging Markets Debt Fund Inc.

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer