# EDGAR Filing Document

**Accession Number:** 0001766436
**File Stem:** 0001398344-25-012465
**Filing Date:** 2025-6
**Character Count:** 115249
**Document Hash:** d2d14ff99b5e6465cd05927bce811f66
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-012465.hdr.sgml**: 20250630

**ACCESSION NUMBER**: 0001398344-25-012465

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250630

**DATE AS OF CHANGE**: 20250630

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Leader Funds Trust
- **CENTRAL INDEX KEY:** 0001766436

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23419
- **FILM NUMBER:** 251093328

**BUSINESS ADDRESS:**
- **STREET 1:** 315 W. MILL PLAIN BLVD
- **STREET 2:** SUITE 204
- **CITY:** VANCOUVER
- **STATE:** WA
- **ZIP:** 98660
- **BUSINESS PHONE:** 1-800-711-9164

**MAIL ADDRESS:**
- **STREET 1:** 315 W. MILL PLAIN BLVD
- **STREET 2:** SUITE 204
- **CITY:** VANCOUVER
- **STATE:** WA
- **ZIP:** 98660

## Series and Classes Contracts Data

### Leader Capital High Quality Income Fund (Series ID: S000065273)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000211311 | Leader Capital High Quality Income Fund Institutional Class | LCTIX           |
| C000211313 | Leader Capital High Quality Income Fund Class A             | LCATX           |
| C000211314 | Leader Capital High Quality Income Fund Investor Class      | LCTRX           |

## Nport-Ex

**Leader Capital High Quality Income Fund**

**SCHEDULE OF INVESTMENTS (Unaudited)**

**April 30, 2025**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCK - 0.0%** |  |
|  | *FORESTRY, PAPER & WOOD PRODUCTS - 0.0%* |  |
| 6504248 | &nbsp;&nbsp;&nbsp;Boxabl, Inc. (a)(b)(c)(d) | $- |
|  | **TOTAL COMMON STOCK - (Cost $411,068)** | - |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal Amount ($)** |  | **Series** | **Class** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
| | **ASSET BACKED SECURITIES - 77.7%** |  |  | |  | |
|  | *COLLATERALIZED LOAN OBLIGATIONS - 70.7%* |  |  |  |  |  |
| 4000000 | &nbsp;&nbsp;&nbsp;AB BSL CLO 5 LTD. (a)(e) | 2024-5 | Class D-2 | 8.319 | 1/22/2038 | 3970164 |
| 4000000 | &nbsp;&nbsp;&nbsp;Allegro CLO XV, LTD. (a)(e) | 2022-1A | Class D | 8.311 | 4/20/2038 | 3778806 |
| 1500000 | &nbsp;&nbsp;&nbsp;AMMC CLO 26, LTD. (a)(e) | 2023-26A | Class B-1 | 6.156 | 4/15/2036 | 1503677 |
| 1000000 | &nbsp;&nbsp;&nbsp;AMMC CLO 26, LTD. (a)(e) | 2023-26A | Class C | 6.456 | 4/15/2036 | 999817 |
| 4000000 | &nbsp;&nbsp;&nbsp;Athena CLO 2024-3A, LTD. (a)(e) | 2024-3A | Class B | 7.043 | 4/20/2036 | 4036864 |
| 6000000 | &nbsp;&nbsp;&nbsp;Athena CLO 2024-3A, LTD. (a)(e) | 2024-3A | Class C | 8.117 | 4/20/2036 | 6087863 |
| 10000000 | &nbsp;&nbsp;&nbsp;Apex Credit CLO 12, LTD. (a)(e) | 2025-12A | Class D | 8.519 | 4/20/2038 | 9888442 |
| 3700000 | &nbsp;&nbsp;&nbsp;Ares LXX CLO, LTD. (a)(e) | 2023-70A | Class B-1 | 6.682 | 10/25/2035 | 3723946 |
| 6000000 | &nbsp;&nbsp;&nbsp;Ares LXX CLO, LTD. (a)(e) | 2023-70A | Class C | 7.182 | 10/25/2035 | 6036174 |
| 2250000 | &nbsp;&nbsp;&nbsp;Atlas Senior Loan Fund XXI, LTD. (a)(e) | 2023-21A | Class C | 8.469 | 7/20/2035 | 2271348 |
| 4000000 | &nbsp;&nbsp;&nbsp;Atrium CLO 2017-13, LTD. (a)(e) | 2017-13 | Class C | 6.341 | 11/21/2030 | 4007928 |
| 1000000 | &nbsp;&nbsp;&nbsp;Elevation CLO 2017, LTD. (a)(e) | 2017-8 | Class C | 6.593 | 10/25/2030 | 999700 |
| 4100000 | &nbsp;&nbsp;&nbsp;Elevation CLO 2020-11, LTD. (a)(e) | 2020-11 | Class D-1B-R | 9.256 | 10/15/2037 | 4115016 |
| 10750000 | &nbsp;&nbsp;&nbsp;Elevation CLO 2023-17, LTD. (a)(e) | 2023-17A | Class C | 7.769 | 10/20/2036 | 10782654 |
| 16000000 | &nbsp;&nbsp;&nbsp;Elevation CLO 2025-18, LTD. (a)(e) | 2025-18A | Class D1 | 7.240 | 3/28/2038 | 15810013 |
| 9000000 | &nbsp;&nbsp;&nbsp;Elevation CLO 2025-18, LTD. (a)(e) | 2025-18A | Class D2 | 8.284 | 3/28/2038 | 8864805 |
| 8000000 | &nbsp;&nbsp;&nbsp;Barings CLO 2019-II, LTD. (a)(e) | 2019-2A | Class D2R-R | 8.506 | 1/15/2038 | 8058666 |
| 3000000 | &nbsp;&nbsp;&nbsp;Ballyrock CLO 25, LTD. (a)(e) | 2023-25A | Class C-R2 | 8.032 | 1/25/2038 | 2978918 |
| 2000000 | &nbsp;&nbsp;&nbsp;Battalion CLO XX, LTD. (a)(e) | 2021-20A | Class D2R | 8.406 | 4/15/2038 | 1909382 |
| 5000000 | &nbsp;&nbsp;&nbsp;Battalion CLO IX, LTD. (a)(e) | 2015-9A | Class DR | 7.768 | 7/15/2031 | 4899863 |
| 1000000 | &nbsp;&nbsp;&nbsp;Battalion CLO X 2016-10R2, LTD. (a)(e) | 2016-10R2 | Class B-R2 | 6.587 | 1/24/2035 | 995486 |
| 1000000 | &nbsp;&nbsp;&nbsp;Battalion CLO XVIII, LTD. (a)(e) | 2020-18A | Class DR | 7.968 | 10/15/2036 | 990521 |
| 2000000 | &nbsp;&nbsp;&nbsp;Battalion CLO 2021-19, LTD. (a)(e) | 2021-19 | Class B | 6.118 | 4/15/2034 | 1994151 |
| 2000000 | &nbsp;&nbsp;&nbsp;Bain Capital Credit CLO 2023-4, LTD. (a)(e) | 2023-4 | Class B | 6.769 | 10/21/2036 | 2013924 |
| 2000000 | &nbsp;&nbsp;&nbsp;Bain Capital Credit CLO 2023-4, LTD. (a)(e) | 2023-4 | Class C | 7.169 | 10/21/2036 | 2005823 |
| 1000000 | &nbsp;&nbsp;&nbsp;Beechwood Park CLO 2019-1R. LTD. (a)(e) | 2019-1R | Class B-2A-R | 6.030 | 1/17/2035 | 993303 |
| 5000000 | &nbsp;&nbsp;&nbsp;Birch Grove CLO 2021-2A, LTD. (a)(e) | 2021-2A | Class C | 6.319 | 10/19/2037 | 4953556 |
| 4000000 | &nbsp;&nbsp;&nbsp;Birch Grove CLO 2023-6A, LTD. (a)(e) | 2023-6A | Class C | 7.669 | 7/20/2035 | 4011314 |
| 3000000 | &nbsp;&nbsp;&nbsp;Birch Grove CLO 7, LTD. (a)(e) | 2023-7A | Class B | 7.119 | 10/20/2036 | 3027480 |
| 5000000 | &nbsp;&nbsp;&nbsp;Birch Grove CLO 7, LTD. (a)(e) | 2023-7A | Class C | 7.519 | 10/20/2036 | 5040814 |
| 19000000 | &nbsp;&nbsp;&nbsp;Black Diamond CLO 2024-1, LTD (a)(e) | 2024-1A | Class C | 6.632 | 10/25/2037 | 19120726 |
| 10000000 | &nbsp;&nbsp;&nbsp;BlackRock Baker CLO 2021-8A, LTD. (a)(e) | 2021-8A | Class C | 7.118 | 1/15/2034 | 10062579 |
| 12500000 | &nbsp;&nbsp;&nbsp;Blackrock Shasta CLO XIII, LTD. (a)(e) | 2024-1A | Class C | 7.306 | 7/15/2036 | 12685613 |
| 2400000 | &nbsp;&nbsp;&nbsp;Blue Mountain CLO 2016-3R, LTD. (a)(e) | 2016-3R | Class C-R | 6.785 | 11/15/2030 | 2408986 |
| 1000000 | &nbsp;&nbsp;&nbsp;Blue Mountain CLO XXII 2018-22, LTD. (a)(e) | 2018-22 | Class C | 6.468 | 7/15/2031 | 996805 |
| 3000000 | &nbsp;&nbsp;&nbsp;BlueMountain CLO XXXI, LTD. (a)(e) | 2021-31A | Class C | 6.531 | 4/19/2034 | 2982625 |
| 3125000 | &nbsp;&nbsp;&nbsp;Benefit Street Partners CLO VI, LTD. (a)(e) | 2015-6BR | Class D2R | 8.019 | 4/20/2038 | 3101865 |
| 5000000 | &nbsp;&nbsp;&nbsp;Bryant Park Funding 2024-25, LTD. (a)(e) | 2024-2425 | Class D-2 | 8.278 | 1/18/2038 | 4882879 |
| 7875000 | &nbsp;&nbsp;&nbsp;BRSP 2024-FL2, LTD (a)(e) | 2024-FL2 | Class C | 7.863 | 8/19/2037 | 8003280 |
| 6000000 | &nbsp;&nbsp;&nbsp;Bryant Park Funding 2023-21, LTD. (a)(e) | 2023-21 | Class B | 7.019 | 10/20/2036 | 6047179 |
| 2000000 | &nbsp;&nbsp;&nbsp;Bryant Park Funding 2023-21, LTD. (a)(e) | 2023-21 | Class C | 7.769 | 10/20/2036 | 2006182 |
| 2000000 | &nbsp;&nbsp;&nbsp;Benefit Street Partners CLO VIII, LTD. (a)(e) | 2015-8R | Class B-R | 6.381 | 1/20/2031 | 2008954 |
| 3000000 | &nbsp;&nbsp;&nbsp;Benefit Street Partners CLO XXXII, LTD. (a)(e) | 2023-32A | Class B | 6.682 | 10/25/2036 | 3019416 |
| 2000000 | &nbsp;&nbsp;&nbsp;Brightwood Capital MM CLO 2019-1A, LTD. (a)(e) | 2019-1A | Class DR | 9.092 | 10/15/2034 | 1987445 |
| 2150000 | &nbsp;&nbsp;&nbsp;Brightwood Capital MM CLO 2023-1, LTD. (a)(e) | 2023-1A | Class D | 10.716 | 10/15/2035 | 2164651 |
| 8000000 | &nbsp;&nbsp;&nbsp;Brightwood Capital MM CLO 2024-2A, LTD. (a)(e) | 2024-2A | Class C | 8.152 | 4/15/2036 | 8139378 |
| 5000000 | &nbsp;&nbsp;&nbsp;Capital Four US CLO III, LTD. (a)(e) | 2022-2A | Class D2R | 8.305 | 4/21/2038 | 5000979 |
| 6000000 | &nbsp;&nbsp;&nbsp;Canyon CLO 2023-1, LTD. (a)(e) | 2023-1A | Class B | 6.906 | 10/15/2036 | 6043171 |
| 3000000 | &nbsp;&nbsp;&nbsp;Canyon CLO 2023-1, LTD. (a)(e) | 2023-1A | Class C | 7.256 | 10/15/2036 | 3019336 |
| 5000000 | &nbsp;&nbsp;&nbsp;Canyon CLO 2025-1, LTD. (a)(e) | 2025-1A | Class D2 | 8.234 | 4/15/2038 | 4866240 |
| 3000000 | &nbsp;&nbsp;&nbsp;CarVal CLO IX-C, LTD. (a)(e) | 2024-1A | Class C | 6.769 | 4/20/2037 | 3018050 |
| 2000000 | &nbsp;&nbsp;&nbsp;Crown City CLO IV, LTD. (a)(e) | 2022-4A | Class B-1R | 7.093 | 4/20/2037 | 2016292 |
| 2500000 | &nbsp;&nbsp;&nbsp;Columbia Cent CLO 32 LTD. (a)(e) | 2022-32A | Class C-1 | 7.445 | 7/24/2034 | 2512008 |
| 7000000 | &nbsp;&nbsp;&nbsp;Columbia Cent CLO 2024-33A, LTD. (a)(e) | 2024-33A | Class C-1 | 6.969 | 4/20/2037 | 7062060 |
| 6000000 | &nbsp;&nbsp;&nbsp;CFIP CLO 2017-1R, LTD. (a)(e) | 2017-1R | Class C-R | 7.131 | 10/18/2034 | 6020383 |
| 3000000 | &nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies CLO 2013-3R, LTD. (a)(e) | 2013-3R | Class B-R | 6.218 | 10/15/2030 | 3002293 |
| 1000000 | &nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies CLO 2014-1-R2, LTD. (a)(e) | 2014-1R2 | Class C-R2 | 6.341 | 4/17/2031 | 994769 |
| 1000000 | &nbsp;&nbsp;&nbsp;Carlyle Global Market Strategies CLO 2014-5RR, LTD. (a)(e) | 2014-5RR | Class C-RR | 6.768 | 7/15/2031 | 1003852 |
| 3750000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2021-8, LTD. (a)(e) | 2021-7A | Class D2R | 8.256 | 4/15/2040 | 3693788 |
| 1000000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2021-8, LTD. (a)(e) | 2021-8 | Class B | 6.168 | 10/15/2034 | 1001893 |
| 5000000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2022-6, LTD. (a)(e) | 2022-6A | Class B-R | 6.682 | 10/25/2036 | 5028682 |
| 9500000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2022-6, LTD. (a)(e) | 2022-6A | Class C-R | 7.132 | 10/25/2036 | 9553803 |
| 5000000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2023-1, LTD. (a)(e) | 2023-1 | Class B | 6.869 | 7/20/2035 | 5028383 |
| 4000000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2023-2, LTD. (a)(e) | 2023-2 | Class C | 7.269 | 7/20/2036 | 4011687 |
| 5000000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2023-5, LTD. (a)(e) | 2023-5 | Class B | 6.933 | 1/27/2036 | 5053512 |
| 10000000 | &nbsp;&nbsp;&nbsp;Carlyle US CLO 2023-5, LTD. (a)(e) | 2023-5 | Class C | 7.283 | 1/27/2036 | 10080699 |
| 2000000 | &nbsp;&nbsp;&nbsp;Churchill Middle Market CLO, LTD. (a)(e) | 2024-1A | Class B | 6.919 | 4/20/2036 | 2015534 |
| 4000000 | &nbsp;&nbsp;&nbsp;CIFC Funding 2014-II-R, LTD. (a)(e) | 2014-II-2RA | Class D-2A-R | 9.275 | 10/24/2037 | 4014634 |
| 3000000 | &nbsp;&nbsp;&nbsp;Cook Park CLO 2018-1A, LTD. (a)(e) | 2018-1A | Class C | 6.291 | 4/17/2030 | 3013379 |
| 8000000 | &nbsp;&nbsp;&nbsp;Diameter Capital CLO 5 (a)(e) | 2023-5A | Class A-2 | 6.656 | 10/15/2036 | 8050298 |
| 2000000 | &nbsp;&nbsp;&nbsp;Madison Park Funding LXIX 2024-69A, LTD. (a)(e) | 2024-69 | Class D-2 | 9.032 | 7/25/2037 | 2014382 |
| 1000000 | &nbsp;&nbsp;&nbsp;Dryden 30-R Senior Loan Fund (a)(e) | 2013-30R | Class C-R | 6.285 | 11/15/2028 | 1000794 |
| 1000000 | &nbsp;&nbsp;&nbsp;Dryden 49R Senior Loan Fund (a)(e) | 2017-49R | Class C-R | 6.581 | 7/18/2030 | 998778 |
| 2000000 | &nbsp;&nbsp;&nbsp;Dryden 80A Senior Loan Fund (a)(e) | 2019-80A | Class C-R | 6.430 | 1/17/2033 | 1995808 |
| 6600000 | &nbsp;&nbsp;&nbsp;Dryden 93 CLO, LTD. (a)(e) | 2021-93A | Class D-2R | 8.356 | 1/15/2038 | 6285779 |
| 8000000 | &nbsp;&nbsp;&nbsp;Dryden Senior Loan Fund (a)(e) | 2023-107 | Class C | 7.323 | 8/15/2035 | 8030168 |
| 3500000 | &nbsp;&nbsp;&nbsp;Dryden 42 Senior Loan Fund (a)(e) | 2016-42A | Class D-1B-RR | 8.756 | 7/15/2037 | 3520125 |
| 2625000 | &nbsp;&nbsp;&nbsp;Dryden 42 Senior Loan Fund (a)(e) | 2016-42A | Class D-2R | 9.356 | 7/15/2037 | 2638229 |

---

**Leader Capital High Quality Income Fund**

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

**April 30, 2025**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal Amount ($)** |  | **Series** | **Class** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
| | **ASSET BACKED SECURITIES - 77.7% (Continued)** |  |  | |  | |
|  | *COLLATERALIZED LOAN OBLIGATIONS - 70.7% (Continued)* |  |  |  |  |  |
| 2500000 | &nbsp;&nbsp;&nbsp;Elmwood CLO XI, LTD. (a)(e) | 2021-4A | Class D2R | 8.019 | 1/20/2038 | $2510694 |
| 5000000 | &nbsp;&nbsp;&nbsp;Elmwood CLO 39, LTD. (a)(e) | 2025-2A | Class D | 7.849 | 4/17/2038 | 4831019 |
| 3750000 | &nbsp;&nbsp;&nbsp;Elmwood CLO VII (a)(e) | 2020-4A | Class C-RR | 6.280 | 10/17/2037 | 3702480 |
| 7572000 | &nbsp;&nbsp;&nbsp;FS Rialto 2024-FL9 (a)(e) | 2024-FL9 | Class C | 6.965 | 10/19/2039 | 7580096 |
| 3635000 | &nbsp;&nbsp;&nbsp;Galaxy CLO XV 2013-15RR, LTD. (a)(e) | 2013-15RR | Class C-RR | 6.368 | 10/15/2030 | 3647858 |
| 8000000 | &nbsp;&nbsp;&nbsp;Generate CLO 4, LTD. (a)(e) | 2024-4RR | Class D-2R-R | 9.069 | 7/20/2037 | 8034962 |
| 15000000 | &nbsp;&nbsp;&nbsp;Golub Capital Partners CLO, LTD. (a)(e) | 2024-71A | Class C | 7.547 | 2/9/2037 | 15177093 |
| 9000000 | &nbsp;&nbsp;&nbsp;Golub Capital Partners CLO, LTD. (a)(e) | 2024-71B | Class C | 6.897 | 2/9/2037 | 9061862 |
| 3437000 | &nbsp;&nbsp;&nbsp;Greystone CRE Notes - 2024-HC3 (a)(e) | 2024-HC3 | Class B | 8.022 | 9/15/2041 | 3372994 |
| 5156000 | &nbsp;&nbsp;&nbsp;Greystone CRE Notes - 2024-HC3 (a)(e) | 2024-HC3 | Class C | 8.822 | 9/15/2041 | 5173818 |
| 2450000 | &nbsp;&nbsp;&nbsp;Greywolf CLO II, LTD. (a)(e) | 2013-1A | Class A1 | 6.118 | 4/15/2034 | 2452316 |
| 10000000 | &nbsp;&nbsp;&nbsp;Hayfin US XII, LTD. (a)(e) | 2024-15A | Class C | 6.983 | 4/28/2037 | 10082482 |
| 2000000 | &nbsp;&nbsp;&nbsp;HalseyPoint CLO II, LTD. (a)(e) | 202-2A | Class D-2R | 9.269 | 7/20/2037 | 1997432 |
| 4600000 | &nbsp;&nbsp;&nbsp;ICG US CLO 2017-IRR, LTD. (a)(e) | 2017-1RR | Class C-RR | 6.944 | 7/28/2034 | 4613622 |
| 1000000 | &nbsp;&nbsp;&nbsp;ICG U.S. CLO 2020-1A, LTD. (a)(e) | 2020-1A | Class A-DR | 8.131 | 1/20/2035 | 1003828 |
| 1300000 | &nbsp;&nbsp;&nbsp;Voya CLO 2012-4R3, LTD. (a)(e) | 2012-4R3 | Class B-R3 | 6.468 | 10/15/2030 | 1301632 |
| 13500000 | &nbsp;&nbsp;&nbsp;Invesco U.S. CLO 2023-4, LTD. (a)(e) | 2023-4A | Class C | 7.269 | 1/18/2037 | 13606076 |
| 5000000 | &nbsp;&nbsp;&nbsp;KKR CLO 36, LTD. (a)(e) | 2021-36A | Class C | 6.668 | 10/15/2034 | 4992473 |
| 7500000 | &nbsp;&nbsp;&nbsp;KREF 2021-FL2, LTD. (a)(e) | 2021-FL2 | Class A-S | 5.743 | 2/15/2039 | 7326440 |
| 2000000 | &nbsp;&nbsp;&nbsp;LCM XIV 2013-14R, LTD. (a)(e) | 2013-14R | Class C-R | 6.381 | 7/20/2031 | 2003068 |
| 1250000 | &nbsp;&nbsp;&nbsp;LCM XVI 2014-16R, LTD. (a)(e) | 2014-16RR | Class C-R2 | 6.668 | 10/15/2031 | 1253264 |
| 3000000 | &nbsp;&nbsp;&nbsp;LCM XVII 2014-17RR, LTD. (a)(e) | 2014-17RR | Class C-RR | 6.618 | 10/15/2031 | 3006109 |
| 5000000 | &nbsp;&nbsp;&nbsp;LCM XVIII 2015-18R, LTD. (a)(e) | 2015-18R | Class C-R | 6.381 | 7/20/2031 | 4987478 |
| 427076 | &nbsp;&nbsp;&nbsp;LCM XXIII CLO, LTD. (a)(e) | 2020-23A | Class B-R | 6.731 | 10/20/2029 | 428506 |
| 6600000 | &nbsp;&nbsp;&nbsp;LCM XXV 2018-26, LTD. (a)(e) | 2018-26 | Class C | 6.331 | 1/20/2031 | 6614490 |
| 3500000 | &nbsp;&nbsp;&nbsp;LCM 2019-30R, LTD. (a)(e) | 2019-30R | Class C-R | 6.531 | 4/20/2031 | 3474925 |
| 3600000 | &nbsp;&nbsp;&nbsp;LCM 40, LTD. (a)(e) | 2024-40A | Class D-2R | 9.186 | 1/15/2038 | 3597147 |
| 3000000 | &nbsp;&nbsp;&nbsp;LoanCore 2021-CRE5 Issuer, LTD. (a)(e) | 2025-CRE8 | Class E | 7.872 | 1/17/2030 | 2992099 |
| 8000000 | &nbsp;&nbsp;&nbsp;LoanCore 2021-CRE5 Issuer LTD. (a)(e) | 2021-CRE5 | Class AS | 6.186 | 7/16/2036 | 8008677 |
| 1500000 | &nbsp;&nbsp;&nbsp;MAGNETITE XLI, LTD. (a)(e) | 2024-41 | Class D-2 | 8.163 | 1/25/2038 | 1512743 |
| 1515000 | &nbsp;&nbsp;&nbsp;MAGNETITE XXXIV, LTD. (a)(e) | 2023-34A | Class D2R | 7.872 | 1/15/2038 | 1498781 |
| 8000000 | &nbsp;&nbsp;&nbsp;VCC CLO 1 2024-1A (a)(e) | 2024-1A | Class C | 7.120 | 10/20/2036 | 8064620 |
| 6000000 | &nbsp;&nbsp;&nbsp;Atlantic Avenue 2023-1A, LTD. (a)(e) | 2023-1A | Class C | 7.919 | 10/20/2036 | 6018202 |
| 6000000 | &nbsp;&nbsp;&nbsp;Alantic Avenue CLO 2024-2A, LTD. (a)(e) | 2024-2A | Class C | 7.369 | 4/20/2037 | 6060874 |
| 11000000 | &nbsp;&nbsp;&nbsp;Madison Park Funding XXXVI 2019-36A, LTD. (a)(e) | 2019-36 | Class D-2 | 7.998 | 4/15/2035 | 10953921 |
| 3006000 | &nbsp;&nbsp;&nbsp;MF1 2021-FL7, LTD. (a)(e) | 2021-FL7 | Class C | 6.484 | 10/18/2036 | 2913321 |
| 1500000 | &nbsp;&nbsp;&nbsp;MF1 2024-FL15, LTD. (a)(e) | 2024-FL15 | Class B | 6.813 | 8/18/2041 | 1493356 |
| 3000000 | &nbsp;&nbsp;&nbsp;MF1 2024-FL15, LTD. (a)(e) | 2024-FL15 | Class C | 7.262 | 8/18/2041 | 2968138 |
| 2500000 | &nbsp;&nbsp;&nbsp;Newark BSL CLO 2017-2R, LTD. (a)(e) | 2017-2R | Class B-R | 6.293 | 7/25/2030 | 2494874 |
| 10400000 | &nbsp;&nbsp;&nbsp;Nassau 2018-II CLO, LTD (a)(e) | 2018-IIA | Class C | 7.068 | 10/15/2031 | 10436294 |
| 3500000 | &nbsp;&nbsp;&nbsp;Nassau 2019-I CLO, LTD. (a)(e) | 2019-IA | Class B-R | 7.118 | 4/15/2031 | 3512926 |
| 5000000 | &nbsp;&nbsp;&nbsp;Nassau 2019-II CLO, LTD. (a)(e) | 2019-IIA | Class BN | 6.968 | 10/15/2032 | 5014860 |
| 1000000 | &nbsp;&nbsp;&nbsp;Neuberger Berman CLO XXI, Ltd. (a)(e) | 2016-21A | Class D-2R | 8.219 | 1/20/2039 | 973893 |
| 1000000 | &nbsp;&nbsp;&nbsp;Neuberger Berman CLO XXII, LTD. (a)(e) | 2016-22 | Class D-2R | 9.030 | 4/17/2038 | 1006565 |
| 2500000 | &nbsp;&nbsp;&nbsp;Neuberger Berman Loan Advisers CLO 26, LTD. (a)(e) | 2017-26 | Class D-2R | 8.619 | 10/18/2038 | 2483792 |
| 24000000 | &nbsp;&nbsp;&nbsp;NGC CLO 2024-1A, LTD. (a)(e) | 2024-1A | Class C | 6.921 | 7/20/2037 | 24161095 |
| 2000000 | &nbsp;&nbsp;&nbsp;NGC CLO 2024-1A D1, LTD. (a)(e) | 2024-1A | Class D1 | 8.471 | 7/20/2037 | 2010165 |
| 2000000 | &nbsp;&nbsp;&nbsp;OHA Credit Partners VII, LTD. (a)(e) | 2012-7A | Class D2R | 7.822 | 2/20/2038 | 1998838 |
| 5589000 | &nbsp;&nbsp;&nbsp;OAKC192 BRR USD (a)(e) | 2019-2R | Class B-R | 6.456 | 10/15/2037 | 5569535 |
| 2000000 | &nbsp;&nbsp;&nbsp;Oaktree CLO 2024-27, LTD. (a)(e) | 2024-27 | Class D-2 | 8.472 | 10/22/2037 | 2012242 |
| 1025000 | &nbsp;&nbsp;&nbsp;Obra CLO 1, LTD. (a)(e) | 2024-1A | Class D2 | 8.259 | 1/20/2038 | 1036843 |
| 4000000 | &nbsp;&nbsp;&nbsp;OCP CLO 2014-5R, LTD. (a)(e) | 2014-5R | Class B-R | 6.344 | 4/26/2031 | 4000759 |
| 2000000 | &nbsp;&nbsp;&nbsp;OCP CLO 2014-7RR, LTD. (a)(e) | 2014-7RR | Class B-1-RR | 6.784 | 7/20/2029 | 2007573 |
| 1000000 | &nbsp;&nbsp;&nbsp;OCP CLO 2019-16R, LTD. (a)(e) | 2019-16R | Class C-R | 6.322 | 4/10/2033 | 996041 |
| 1000000 | &nbsp;&nbsp;&nbsp;Octagon Investment Partners XVII, LTD. (a)(e) | 2014-17-R2 | Class C-R2 | 6.243 | 1/25/2031 | 1004505 |
| 3000000 | &nbsp;&nbsp;&nbsp;Octagon Investment Partners 46, LTD. (a)(e) | 2020-2A | Class C-R | 6.718 | 7/15/2036 | 3006962 |
| 5000000 | &nbsp;&nbsp;&nbsp;Octagon Investment Partners 46, LTD. (a)(e) | 2020-2A | Class DR | 7.818 | 7/15/2036 | 4964941 |
| 15000000 | &nbsp;&nbsp;&nbsp;Ocean Trails CLO XV, LTD. (a)(e) | 2024-15A | Class C | 7.106 | 1/15/2037 | 15104225 |
| 1200000 | &nbsp;&nbsp;&nbsp;OFSI BSL IX, LTD. (a)(e) | 2018-1A | Class C | 6.518 | 7/15/2031 | 1199202 |
| 6000000 | &nbsp;&nbsp;&nbsp;OFSI BSL XII CLO, LTD. (a)(e) | 2023-12A | Class D-2R | 8.305 | 1/20/2035 | 5768503 |
| 18000000 | &nbsp;&nbsp;&nbsp;OFSI Fund 2024-13A CLO, LTD. (a)(e) | 2024-13A | Class C | 6.971 | 4/20/2037 | 18125309 |
| 5625000 | &nbsp;&nbsp;&nbsp;OFSI BSL XIV CLO, LTD (a)(e) | 2024-14 | Class D-2 | 9.419 | 7/20/2037 | 5657354 |
| 5000000 | &nbsp;&nbsp;&nbsp;Park Avenue Institutional Advisers CLO 2018-1, LTD. (a)(e) | 2018-1R | Class B-R | 6.631 | 10/20/2031 | 5015106 |
| 4750000 | &nbsp;&nbsp;&nbsp;Palmer Square CLO 2021-1, LTD. (a)(e) | 2021-1A | Class C-2R | 7.819 | 4/20/2038 | 4651692 |
| 1500000 | &nbsp;&nbsp;&nbsp;PPM CLO 3, LTD. (a)(e) | 2019-3 | Class A | 7.641 | 7/17/2034 | 1492390 |
| 4050000 | &nbsp;&nbsp;&nbsp;Sound Point CLO IV, LTD. (a)(e) | 2018-4R | Class D | 7.781 | 4/18/2031 | 4042724 |
| 7300000 | &nbsp;&nbsp;&nbsp;Sound Point CLO VII-R, LTD. (a)(e) | 2014-3RA | Class D | 7.941 | 10/23/2031 | 7202191 |
| 3000000 | &nbsp;&nbsp;&nbsp;Sound Point CLO XXXI, LTD. (a)(e) | 2021-3A | Class D | 7.793 | 10/25/2034 | 2845829 |
| 1000000 | &nbsp;&nbsp;&nbsp;Signal Peak CLO 5, LTD. (a)(e) | 2018-5A | Class CR | 6.982 | 4/25/2037 | 1005215 |
| 5000000 | &nbsp;&nbsp;&nbsp;Sycamore Tree CLO 2024-5A, LTD. (a)(e) | 2024-5A | Class C | 7.043 | 4/20/2036 | 5014408 |
| 6250000 | &nbsp;&nbsp;&nbsp;Steele Creek CLO, LTD. (a)(e) | 2016-1 | Class DR | 7.461 | 6/15/2031 | 6162956 |
| 6500000 | &nbsp;&nbsp;&nbsp;Steele Creek CLO, LTD. (a)(e) | 2018-1A | Class D | 7.368 | 4/15/2031 | 6410722 |
| 6000000 | &nbsp;&nbsp;&nbsp;Symphony CLO 2014-15R3, LTD. (a)(e) | 2014-15R3 | Class C-R3 | 6.914 | 1/17/2032 | 6023365 |
| 8000000 | &nbsp;&nbsp;&nbsp;TCW CLO 2021-1, LTD. (a)(e) | 2021-1A | Class D2R-1 | 8.269 | 1/20/2038 | 7568869 |
| 500000 | &nbsp;&nbsp;&nbsp;TICP CLO VII, LTD. (a)(e) | 2017-7A | Class DR | 7.718 | 4/15/2034 | 499030 |
| 3000000 | &nbsp;&nbsp;&nbsp;Trinitas CLO VII Ltd., Series 2017-7A, Class D1R (a)(e) | 2017-7A | Class D1R | 8.043 | 1/25/2035 | 2961545 |
| 2000000 | &nbsp;&nbsp;&nbsp;Trinitas CLO IX, LTD. (a)(e) | 2018-9A | Class C-RR | 6.781 | 1/20/2032 | 2005032 |
| 2000000 | &nbsp;&nbsp;&nbsp;Trinitas CLO X, LTD. (a)(e) | 2019-10A | Class CR | 6.756 | 1/15/2035 | 2007607 |
| 2500000 | &nbsp;&nbsp;&nbsp;Trinitas CLO XV, LTD. (a)(e) | 2021-15A | Class C | 6.884 | 4/22/2034 | 2506759 |
| 6500000 | &nbsp;&nbsp;&nbsp;Trinitas CLO XXII, LTD. (a)(e) | 2023-22A | Class ER | 8.069 | 7/20/2036 | 6518404 |
| 2500000 | &nbsp;&nbsp;&nbsp;Trysail CLO 2021-1, LTD. (a)(e) | 2021-1A | Class C | 6.931 | 7/20/2032 | 2510049 |
| 1020000 | &nbsp;&nbsp;&nbsp;TCI-Symphony CLO 2017-1R, LTD. (a)(e) | 2017-1R | Class C-R | 4.778 | 7/15/2030 | 1013279 |
| 1200000 | &nbsp;&nbsp;&nbsp;Vibrant CLO XR, LTD. (a)(e) | 2018-10RA | Class B | 7.119 | 4/20/2036 | 1209201 |
| 1800000 | &nbsp;&nbsp;&nbsp;Vibrant CLO VIII, LTD. (a)(e) | 2018-8A | Class B-1 | 6.331 | 1/20/2031 | 1794435 |
| 1000000 | &nbsp;&nbsp;&nbsp;Voya CLO 2014-4, LTD. (a)(e) | 2014-4A | Class C-RR | 7.853 | 7/14/2031 | 1003368 |
| 1250000 | &nbsp;&nbsp;&nbsp;Voya CLO 2015-3R, LTD. (a)(e) | 2015-3R | Class B-R | 6.731 | 10/20/2031 | 1253557 |
| 1590000 | &nbsp;&nbsp;&nbsp;Voya CLO 2024-1, LTD. (a)(e) | 2024-1A | Class C | 6.656 | 4/15/2037 | 1596366 |
| 5000000 | &nbsp;&nbsp;&nbsp;Wellfleet CLO X, LTD. (a)(e) | 2019-XA | Class C-R2 | 7.569 | 7/20/2032 | 4986371 |
| 5500000 | &nbsp;&nbsp;&nbsp;Wellfleet CLO 2021-2A, LTD. (a)(e) | 2021-2A | Class C | 6.868 | 7/15/2034 | 5514807 |

---

**Leader Capital High Quality Income Fund**

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

**April 30, 2025**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Principal Amount ($)** |  | **Series** | **Class** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
| | **ASSET BACKED SECURITIES - 77.7% (Continued)** |  |  | |  | |
|  | *COLLATERALIZED LOAN OBLIGATIONS - 70.7% (Continued)* |  |  |  |  |  |
| 1000000 | &nbsp;&nbsp;&nbsp;Wellfleet CLO 2021-2A, LTD. (a)(e) | 2021-2A | Class D | 8.118 | 7/15/2034 | $996650 |
| 4950000 | &nbsp;&nbsp;&nbsp;Wellfleet CLO 2022-1 LTD. (a)(e) | 2022-1A | Class D-2R | 8.856 | 7/15/2037 | 4975015 |
| 4200000 | &nbsp;&nbsp;&nbsp;Wind River 2017-3 CLO, LTD. (a)(e) | 2017-3A | Class CR | 7.018 | 4/15/2035 | 4210915 |
| 7000000 | &nbsp;&nbsp;&nbsp;Wind River 2021-1A CLO, LTD. (a)(e) | 2021-1A | Class C | 7.093 | 4/20/2037 | 7070328 |
| 3000000 | &nbsp;&nbsp;&nbsp;Wind River 2021-2 CLO, LTD. (a)(e) | 2021-2A | Class C | 6.481 | 7/20/2034 | 2976220 |
| 9400000 | &nbsp;&nbsp;&nbsp;Wind River 2021-3 CLO, LTD. (a)(e) | 2021-3A | Class D-2R | 8.221 | 4/20/2038 | 9117174 |
| 7500000 | &nbsp;&nbsp;&nbsp;Wind River 2021-4 CLO, LTD. (a)(e) | 2021-4A | Class D | 7.734 | 1/20/2035 | 7227200 |
| 12200000 | &nbsp;&nbsp;&nbsp;Northwoods Capital XI-B, LTD. (a)(e) | 2018-11BA | Class C-R | 6.769 | 7/19/2037 | 12181493 |
| 12000000 | &nbsp;&nbsp;&nbsp;Northwoods Capital CLO 2020-22A, LTD. (a)(e) | 2020-22A | Class C-RR | 7.149 | 3/16/2037 | 12120167 |
| 1500000 | &nbsp;&nbsp;&nbsp;Warwick Capital CLO 2023-1, LTD. (a)(e) | 2023-1A | Class C | 7.919 | 10/20/2036 | 1504550 |
| 4000000 | &nbsp;&nbsp;&nbsp;Warwick Capital CLO 2023-2, LTD. (a)(e) | 2023-2A | Class B | 6.956 | 1/15/2037 | 4052232 |
| 3500000 | &nbsp;&nbsp;&nbsp;Warwick Capital CLO 2023-2, LTD. (a)(e) | 2023-2A | Class C | 7.706 | 1/15/2037 | 3511225 |
| 5500000 | &nbsp;&nbsp;&nbsp;Warwick Capital CLO 2024-3A, LTD. (a)(e) | 2024-3A | Class C | 7.019 | 4/20/2037 | 5518710 |
|  |  |  |  |  |  | 835102109 |
|  | *COMMERCIAL MORTGAGE-BACKED SECURITIES - 7.0%* |  |  |  |  |  |
| 959180 | &nbsp;&nbsp;&nbsp;BX Commercial Mortgage Trust 2024-AIR2 (a)(e) | 2024-AIR2 | Class C | 6.563 | 10/15/2041 | 940144 |
| 9000000 | &nbsp;&nbsp;&nbsp;CONE Trust - 2024-DFW1 (a)(e) | 2024-DFW1 | Class D | 7.362 | 8/15/2026 | 9000000 |
| 10000000 | &nbsp;&nbsp;&nbsp;HIH Trust 2024-61P (a)(e) | 2024-61P | Class B | 6.663 | 10/15/2026 | 9954357 |
| 14000000 | &nbsp;&nbsp;&nbsp;HIH Trust 2024-61P (a)(e) | 2024-61P | Class C | 7.163 | 10/15/2026 | 13871024 |
| 4525000 | &nbsp;&nbsp;&nbsp;HONO 2021-LULU Mortgage Trust (a)(e) | 2021-LULU | Class C | 6.286 | 12/15/2036 | 4450573 |
| 6000000 | &nbsp;&nbsp;&nbsp;HYT Commercial Mortgage Trust 2024-RGCY (a)(e) | 2024-RGCY | Class C | 7.162 | 9/15/2041 | 5907418 |
| 5925000 | &nbsp;&nbsp;&nbsp;MF1 2021-FL5, LTD. (a)(e) | 2021-FL5 | Class E | 7.443 | 7/15/2036 | 5860527 |
| 5000000 | &nbsp;&nbsp;&nbsp;MF1 2021-FL7, LTD. (a)(e) | 2021-FL7 | Class E | 7.234 | 10/18/2036 | 4905381 |
| 5000000 | &nbsp;&nbsp;&nbsp;NYC Trust Commercial Mortgage Securities Trust (a)(e) | 2024-3ELV | Class C | 7.162 | 8/15/2029 | 4953780 |
| 18410000 | &nbsp;&nbsp;&nbsp;PGA National Resort Commerical Mortgage Trust (a)(e) | 2024-RSR2 | Class C | 7.172 | 6/15/2026 | 18145336 |
| 2500000 | &nbsp;&nbsp;&nbsp;SG Commercial Mortgage Securities Trust 2016-C5 (a)(e) | 2016-C5 | Class C | 4.972 | 10/10/2048 | 2282250 |
| 2000000 | &nbsp;&nbsp;&nbsp;SWCH Commercial Mortgage Trust 2025, LTD. (a)(e) |  |  | 7.662 | 3/15/2042 | 1921051 |
|  |  |  |  |  |  | 82191839 |
|  | **TOTAL ASSET BACKED SECURITIES - (Cost $838,603,046)** |  |  |  |  | 917293949 |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **AFFILIATED INVESTMENT COMPANIES - 2.0%** |  |
|  | *OPEN-END MUTUAL FUNDS - 2.0%* |  |
| 2993626 | &nbsp;&nbsp;&nbsp;Leader Capital Short Term High Yield Bond Fund, Institutional Class | 24038817 |
|  | **TOTAL CORPORATE BONDS - (Cost $24,106,713)** | 24038817 |

---

---

| | | | |
|:---|:---|:---|:---|
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Fair Value** |
|  | **SHORT TERM INVESTMESTS - 20.4%** |  |  |
|  | *MONEY MARKET FUNDS - 20.4%* |  |  |
| 241521127 | &nbsp;&nbsp;&nbsp;First American Government Obligations Fund, Class X (f) | 4.275 | 241521127 |
|  | **TOTAL SHORT TERM INVESTMESTS - (Cost $241,521,127)** |  | 241521127 |
|  | **TOTAL INVESTMENTS - 100.1% - (Cost $1,104,641,954)** |  | 1182853892 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - -(0.1%)** |  | (1541778) |
|  | **NET ASSETS - 100.0%** |  | $1181312114 |

---

LTD - Limited Company

<sup>(a)</sup> Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of April 30, 2025, the total market value of 144A securities is $917,293,949 or 77.6% of net assets.

<sup>(b)</sup> The Liquidity Administrator has determined that these securities are illiquid. As of April 30, 2025, these securities amounted to $0 or 0.0% of net assets.

<sup>(c)</sup> Level 3 fair valued securities. The value of these securities have been determined in good faith by the Valuation Designee under the policies adopted by the Board of Trustees.

<sup>(d)</sup> Non-income producing security.

<sup>(e)</sup> Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

<sup>(f)</sup> Rate disclosed is the seven day effective yield as of April 30, 2025.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Leader Funds Trust

- **b. Investment Company Act file number:** 811-23419

- **c. CIK number of Registrant:** 0001766436

- **d. LEI of Registrant:** 5493004CXG3W4ZKLTI89

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

  - **Street Address 1:** 315 W. MILL PLAIN BOULEVARD

  - **City:** VANCOUVER

  - **State:** WA

  - **Foreign country:** US

  - **Zip / Postal Code:** 98660

  - **Telephone number:** 800-711-9164

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

- **a. Name of Series:** Leader Capital High Quality Income Fund

- **b. EDGAR series identifier (if any):** S000065273

- **c. LEI of Series:** R3NVRGXLFHWUBHFB7V47

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1188110794.28

**Total Liabilities:** $6798679.96

**Net Assets:** $1181312114.32

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** -19091.74 | **5-Year:** -18156.08 | **10-Year:** -54742.17 | **30-Year:** -3613.77

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

- **3-Month:** 0 | **1-Year:** -321.43 | **5-Year:** -5946.07 | **10-Year:** -81723.93 | **30-Year:** -45787.16

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211311 | -0.40%               | -0.22%               | 0.89%                |
| Class ID C000211313 | -0.39%               | -0.30%               | 0.94%                |
| Class ID C000211314 | -0.44%               | -0.25%               | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5887870.49             | $-7700043.00                               |
| Month 2  | $-1226759.57             | $-7700043.00                               |
| Month 3  | $5797727.54              | $-383367.00                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AB BSL CLO 5 LTD.                                                   | AB BSL CLO 5 LTD.                                                   | CUSIP: 00038GAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   4000000 | PA      | $4085511.42   | 0.35%             | 2038-01-22      | Floating      | 8.32%                 | Yes           |                  2 | On Loan: No      |
| Alantic Avenue CLO 2024-2A, LTD.                                    | Alantic Avenue CLO 2024-2A, LTD.                                    | CUSIP: 04822BAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6060874.20   | 0.51%             | 2037-04-20      | Floating      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| Allegro CLO XV, LTD.                                                | Allegro CLO XV, LTD.                                                | CUSIP: 01749WAW3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   4000000 | PA      | $3778806.00   | 0.32%             | 2038-04-20      | Floating      | 8.31%                 | Yes           |                  2 | On Loan: No      |
| AMMC CLO 26, LTD.                                                   | AMMC CLO 26, LTD.                                                   | CUSIP: 00177RAN7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1503677.40   | 0.13%             | 2036-04-15      | Floating      | 6.16%                 | Yes           |                  2 | On Loan: No      |
| AMMC CLO 26, LTD.                                                   | AMMC CLO 26, LTD.                                                   | CUSIP: 00177RAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999817.40    | 0.08%             | 2036-04-15      | Floating      | 6.46%                 | Yes           |                  2 | On Loan: No      |
| Apex Credit CLO 12, LTD.                                            | Apex Credit CLO 12, LTD.                                            | CUSIP: 03753GAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $9888442.00   | 0.84%             | 2038-04-20      | Floating      | 8.52%                 | Yes           |                  2 | On Loan: No      |
| Ares LXX CLO, LTD.                                                  | Ares LXX CLO, LTD.                                                  | CUSIP: 039951AE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3700000 | PA      | $3723946.03   | 0.32%             | 2035-10-25      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| Ares LXX CLO, LTD.                                                  | Ares LXX CLO, LTD.                                                  | CUSIP: 039951AG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   6000000 | PA      | $6036174.00   | 0.51%             | 2035-10-25      | Floating      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| Athena CLO 2024-3A, LTD.                                            | Athena CLO 2024-3A, LTD.                                            | CUSIP: 04684AAC6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4036864.40   | 0.34%             | 2036-04-20      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| Athena CLO 2024-3A, LTD.                                            | Athena CLO 2024-3A, LTD.                                            | CUSIP: 04684AAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6087862.80   | 0.52%             | 2036-04-20      | Floating      | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Atlantic Avenue 2023-1A, LTD.                                       | Atlantic Avenue 2023-1A, LTD.                                       | CUSIP: 04822FAE4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6018202.20   | 0.51%             | 2036-10-20      | Floating      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| Atlas Senior Loan Fund XXI, LTD.                                    | Atlas Senior Loan Fund XXI, LTD.                                    | CUSIP: 04940QAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2250000 | PA      | $2271347.77   | 0.19%             | 2035-07-20      | Floating      | 8.47%                 | Yes           |                  2 | On Loan: No      |
| Atrium CLO 2017-13, LTD.                                            | Atrium CLO 2017-13, LTD.                                            | CUSIP: 04966HAG1<br>LEI: 549300BF3YFW8EHN6F75 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4007927.60   | 0.34%             | 2030-11-21      | Floating      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO 2023-4, LTD.                                | Bain Capital Credit CLO 2023-4, LTD.                                | CUSIP: 05685EAE0<br>LEI: 254900ZFJ59QPVWB0563 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2013923.60   | 0.17%             | 2036-10-21      | Floating      | 6.77%                 | Yes           |                  2 | On Loan: No      |
| Bain Capital Credit CLO 2023-4, LTD.                                | Bain Capital Credit CLO 2023-4, LTD.                                | CUSIP: 05685EAG5<br>LEI: 254900ZFJ59QPVWB0563 | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $2005823.00   | 0.17%             | 2036-10-21      | Floating      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock CLO 25, LTD.                                              | Ballyrock CLO 25, LTD.                                              | CUSIP: 05876QAW2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2978918.10   | 0.25%             | 2038-01-25      | Floating      | 8.03%                 | Yes           |                  2 | On Loan: No      |
| Barings CLO 2019-II, LTD.                                           | Barings CLO 2019-II, LTD.                                           | CUSIP: 06761HBC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   8000000 | PA      | $8058666.40   | 0.68%             | 2038-01-15      | Floating      | 8.51%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO 2021-19, LTD.                                         | Battalion CLO 2021-19, LTD.                                         | CUSIP: 07133VAC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1994151.20   | 0.17%             | 2034-04-15      | Floating      | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO IX, LTD.                                              | Battalion CLO IX, LTD.                                              | CUSIP: 07132EAQ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $4899862.50   | 0.41%             | 2031-07-15      | Floating      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO X 2016-10R2, LTD.                                     | Battalion CLO X 2016-10R2, LTD.                                     | CUSIP: 07132JBG8<br>LEI: 549300RRK5G3IT4Y7N27 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $995486.40    | 0.08%             | 2035-01-24      | Floating      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO XVIII, LTD.                                           | Battalion CLO XVIII, LTD.                                           | CUSIP: 07134QAU0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $990521.00    | 0.08%             | 2036-10-15      | Floating      | 7.97%                 | Yes           |                  2 | On Loan: No      |
| Battalion CLO XX, LTD.                                              | Battalion CLO XX, LTD.                                              | CUSIP: 07134UBA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2000000 | PA      | $1909382.20   | 0.16%             | 2038-04-15      | Floating      | 8.41%                 | Yes           |                  2 | On Loan: No      |
| Beechwood Park CLO 2019-1R. LTD.                                    | Beechwood Park CLO 2019-1R. LTD.                                    | CUSIP: 07355TBA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $993303.10    | 0.08%             | 2035-01-17      | Floating      | 6.03%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO VI, LTD.                                | Benefit Street Partners CLO VI, LTD.                                | CUSIP: 08182DAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3125000 | PA      | $3101865.00   | 0.26%             | 2038-04-20      | Floating      | 8.02%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO VIII, LTD.                              | Benefit Street Partners CLO VIII, LTD.                              | CUSIP: 08180XAU6<br>LEI: 549300D98ZLKNSI8CN63 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2008953.80   | 0.17%             | 2031-01-20      | Floating      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Benefit Street Partners CLO XXXII, LTD.                             | Benefit Street Partners CLO XXXII, LTD.                             | CUSIP: 08181FAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3019415.70   | 0.26%             | 2036-10-25      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 2021-2A, LTD.                                       | Birch Grove CLO 2021-2A, LTD.                                       | CUSIP: 09077LAS1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4953556.00   | 0.42%             | 2037-10-19      | Floating      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 2023-6A, LTD.                                       | Birch Grove CLO 2023-6A, LTD.                                       | CUSIP: 09077FAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $4011314.00   | 0.34%             | 2035-07-20      | Floating      | 7.67%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 7, LTD.                                             | Birch Grove CLO 7, LTD.                                             | CUSIP: 09077RAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3027480.00   | 0.26%             | 2036-10-20      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Birch Grove CLO 7, LTD.                                             | Birch Grove CLO 7, LTD.                                             | CUSIP: 09077RAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   5000000 | PA      | $5040814.00   | 0.43%             | 2036-10-20      | Floating      | 7.52%                 | Yes           |                  2 | On Loan: No      |
| Black Diamond CLO 2024-1, LTD                                       | Black Diamond CLO 2024-1, LTD                                       | CUSIP: 09204UAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  19000000 | PA      | $19120726.00  | 1.62%             | 2037-10-25      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| BlackRock Baker CLO 2021-8A, LTD.                                   | BlackRock Baker CLO 2021-8A, LTD.                                   | CUSIP: 91734KAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10062579.00  | 0.85%             | 2034-01-15      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Blackrock Shasta CLO XIII, LTD.                                     | Blackrock Shasta CLO XIII, LTD.                                     | CUSIP: 09263EAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12500000 | PA      | $12685612.50  | 1.07%             | 2036-07-15      | Floating      | 7.31%                 | Yes           |                  2 | On Loan: No      |
| Blue Mountain CLO 2016-3R, LTD.                                     | Blue Mountain CLO 2016-3R, LTD.                                     | CUSIP: 09628VAS3<br>LEI: 549300EYIDIF4X8MHI21 | Long             | ABS-CBDO         | CORP              | KY        |   2400000 | PA      | $2408986.32   | 0.20%             | 2030-11-15      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| Blue Mountain CLO XXII 2018-22, LTD.                                | Blue Mountain CLO XXII 2018-22, LTD.                                | CUSIP: 09629PAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996805.10    | 0.08%             | 2031-07-15      | Floating      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| BlueMountain CLO XXXI, LTD.                                         | BlueMountain CLO XXXI, LTD.                                         | CUSIP: 09631BAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2982624.60   | 0.25%             | 2034-04-19      | Floating      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| Boxabl, Inc.                                                        | Boxabl, Inc.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   6504248 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Brightwood Capital MM CLO 2019-1A, LTD.                             | Brightwood Capital MM CLO 2019-1A, LTD.                             | CUSIP: 109487AY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1987444.60   | 0.17%             | 2034-10-15      | Floating      | 9.09%                 | Yes           |                  2 | On Loan: No      |
| Brightwood Capital MM CLO 2023-1, LTD.                              | Brightwood Capital MM CLO 2023-1, LTD.                              | CUSIP: 108928AN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   2150000 | PA      | $2164651.17   | 0.18%             | 2035-10-15      | Floating      | 10.72%                | Yes           |                  2 | On Loan: No      |
| Brightwood Capital MM CLO 2024-2A, LTD.                             | Brightwood Capital MM CLO 2024-2A, LTD.                             | CUSIP: 10950BAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   8000000 | PA      | $8139377.60   | 0.69%             | 2036-04-15      | Floating      | 8.15%                 | Yes           |                  2 | On Loan: No      |
| BRSP 2024-FL2, LTD                                                  | BRSP 2024-FL2, LTD                                                  | CUSIP: 05613BAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7875000 | PA      | $8003279.81   | 0.68%             | 2037-08-19      | Floating      | 7.86%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding 2023-21, LTD.                                   | Bryant Park Funding 2023-21, LTD.                                   | CUSIP: 117650AG6<br>LEI: 549300OT0PXEZ8X3WJ68 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2006181.60   | 0.17%             | 2036-10-20      | Floating      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding 2023-21, LTD.                                   | Bryant Park Funding 2023-21, LTD.                                   | CUSIP: 117650AE1<br>LEI: 549300OT0PXEZ8X3WJ68 | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6047179.20   | 0.51%             | 2036-10-20      | Floating      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| Bryant Park Funding 2024-25, LTD.                                   | Bryant Park Funding 2024-25, LTD.                                   | CUSIP: 117913AL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4882878.50   | 0.41%             | 2038-01-18      | Floating      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust 2024-AIR2                              | BX Commercial Mortgage Trust 2024-AIR2                              | CUSIP: 05613QAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    959180 | PA      | $940143.77    | 0.08%             | 2041-10-15      | Variable      | 6.56%                 | Yes           |                  2 | On Loan: No      |
| Canyon CLO 2023-1, LTD.                                             | Canyon CLO 2023-1, LTD.                                             | CUSIP: 138927AC2<br>LEI: 254900FGYHIE1XLSL661 | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6043170.60   | 0.51%             | 2036-10-15      | Floating      | 6.91%                 | Yes           |                  2 | On Loan: No      |
| Canyon CLO 2023-1, LTD.                                             | Canyon CLO 2023-1, LTD.                                             | CUSIP: 138927AG3<br>LEI: 254900FGYHIE1XLSL661 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3019335.60   | 0.26%             | 2036-10-15      | Floating      | 7.26%                 | Yes           |                  2 | On Loan: No      |
| Canyon CLO 2025-1, LTD.                                             | Canyon CLO 2025-1, LTD.                                             | CUSIP: 138919AL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4866240.00   | 0.41%             | 2038-04-15      | Floating      | 8.23%                 | Yes           |                  2 | On Loan: No      |
| Capital Four US CLO III, LTD.                                       | Capital Four US CLO III, LTD.                                       | CUSIP: 14016LAY2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5000978.50   | 0.42%             | 2038-04-21      | Floating      | 8.31%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies CLO 2013-3R, LTD.                  | Carlyle Global Market Strategies CLO 2013-3R, LTD.                  | CUSIP: 14310GAU4<br>LEI: 6354006XBJTNRUJOLM20 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3002292.90   | 0.25%             | 2030-10-15      | Floating      | 6.22%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies CLO 2014-1-R2, LTD.                | Carlyle Global Market Strategies CLO 2014-1-R2, LTD.                | CUSIP: 14310MBC0<br>LEI: 549300K65HYRGER5BW54 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $994769.00    | 0.08%             | 2031-04-17      | Floating      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| Carlyle Global Market Strategies CLO 2014-5RR, LTD.                 | Carlyle Global Market Strategies CLO 2014-5RR, LTD.                 | CUSIP: 14311AAY8<br>LEI: 549300ODZUR61VZRRZ07 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003852.00   | 0.08%             | 2031-07-15      | Floating      | 6.77%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2021-8, LTD.                                         | Carlyle US CLO 2021-8, LTD.                                         | CUSIP: 143120AC7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1001893.00   | 0.08%             | 2034-10-15      | Floating      | 6.17%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2021-8, LTD.                                         | Carlyle US CLO 2021-8, LTD.                                         | CUSIP: 14316WAW9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3750000 | PA      | $3693788.25   | 0.31%             | 2040-04-15      | Floating      | 8.26%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2022-6, LTD.                                         | Carlyle US CLO 2022-6, LTD.                                         | CUSIP: 14317GAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5028681.50   | 0.43%             | 2036-10-25      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2022-6, LTD.                                         | Carlyle US CLO 2022-6, LTD.                                         | CUSIP: 14317GAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9500000 | PA      | $9553803.25   | 0.81%             | 2036-10-25      | Floating      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2023-1, LTD.                                         | Carlyle US CLO 2023-1, LTD.                                         | CUSIP: 14318RAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5028383.00   | 0.43%             | 2035-07-20      | Floating      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2023-2, LTD.                                         | Carlyle US CLO 2023-2, LTD.                                         | CUSIP: 14318GAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   4000000 | PA      | $4011687.20   | 0.34%             | 2036-07-20      | Floating      | 7.27%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2023-5, LTD.                                         | Carlyle US CLO 2023-5, LTD.                                         | CUSIP: 14318QAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5000000 | PA      | $5053512.00   | 0.43%             | 2036-01-27      | Floating      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| Carlyle US CLO 2023-5, LTD.                                         | Carlyle US CLO 2023-5, LTD.                                         | CUSIP: 14318QAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  10000000 | PA      | $10080699.00  | 0.85%             | 2036-01-27      | Floating      | 7.28%                 | Yes           |                  2 | On Loan: No      |
| CarVal CLO IX-C, LTD.                                               | CarVal CLO IX-C, LTD.                                               | CUSIP: 14688HAG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3000000 | PA      | $3018050.10   | 0.26%             | 2037-04-20      | Floating      | 6.77%                 | Yes           |                  2 | On Loan: No      |
| CFIP CLO 2017-1R, LTD.                                              | CFIP CLO 2017-1R, LTD.                                              | CUSIP: 12528JAS5<br>LEI: 635400N9HTJKJSK1AS88 | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $6020382.60   | 0.51%             | 2034-10-18      | Floating      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Churchill Middle Market CLO, LTD.                                   | Churchill Middle Market CLO, LTD.                                   | CUSIP: 17151MAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2015534.00   | 0.17%             | 2036-04-20      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding 2014-II-R, LTD.                                        | CIFC Funding 2014-II-R, LTD.                                        | CUSIP: 12548RAR5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4014633.60   | 0.34%             | 2037-10-24      | Floating      | 9.28%                 | Yes           |                  2 | On Loan: No      |
| Columbia Cent CLO 2024-33A, LTD.                                    | Columbia Cent CLO 2024-33A, LTD.                                    | CUSIP: 19737PAJ3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7062059.90   | 0.60%             | 2037-04-20      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| Columbia Cent CLO 32 LTD.                                           | Columbia Cent CLO 32 LTD.                                           | CUSIP: 19737TAQ9<br>LEI: 549300NBGVSLUALOY827 | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2512008.25   | 0.21%             | 2034-07-24      | Floating      | 7.45%                 | Yes           |                  2 | On Loan: No      |
| CONE Trust - 2024-DFW1                                              | CONE Trust - 2024-DFW1                                              | CUSIP: 20682AAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9000000 | PA      | $9000000.00   | 0.76%             | 2026-08-15      | Variable      | 7.36%                 | Yes           |                  2 | On Loan: No      |
| Cook Park CLO 2018-1A, LTD.                                         | Cook Park CLO 2018-1A, LTD.                                         | CUSIP: 21623PAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3013379.10   | 0.26%             | 2030-04-17      | Floating      | 6.29%                 | Yes           |                  2 | On Loan: No      |
| Crown City CLO IV, LTD.                                             | Crown City CLO IV, LTD.                                             | CUSIP: 228233AS1<br>LEI: 549300AGQI0XSPNAK945 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2016291.60   | 0.17%             | 2037-04-20      | Floating      | 7.09%                 | Yes           |                  2 | On Loan: No      |
| Diameter Capital CLO 5                                              | Diameter Capital CLO 5                                              | CUSIP: 25255RAC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8050297.60   | 0.68%             | 2036-10-15      | Floating      | 6.66%                 | Yes           |                  2 | On Loan: No      |
| Dryden 30-R Senior Loan Fund                                        | Dryden 30-R Senior Loan Fund                                        | CUSIP: 26249BAU5<br>LEI: 549300AS2O1RYPD2ED41 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000794.00   | 0.08%             | 2028-11-15      | Floating      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Dryden 42 Senior Loan Fund                                          | Dryden 42 Senior Loan Fund                                          | CUSIP: 26244YBL9<br>LEI: 549300GTVIVSKVBYOB52 | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3520125.00   | 0.30%             | 2037-07-15      | Floating      | 8.76%                 | Yes           |                  2 | On Loan: No      |
| Dryden 42 Senior Loan Fund                                          | Dryden 42 Senior Loan Fund                                          | CUSIP: 26244YBN5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2625000 | PA      | $2638229.48   | 0.22%             | 2037-07-15      | Floating      | 9.36%                 | Yes           |                  2 | On Loan: No      |
| Dryden 49R Senior Loan Fund                                         | Dryden 49R Senior Loan Fund                                         | CUSIP: 26244QAS2<br>LEI: 549300VCB8LYR1RGV869 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $998777.90    | 0.08%             | 2030-07-18      | Floating      | 6.58%                 | Yes           |                  2 | On Loan: No      |
| Dryden 80A Senior Loan Fund                                         | Dryden 80A Senior Loan Fund                                         | CUSIP: 26245JAU2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1995807.80   | 0.17%             | 2033-01-17      | Floating      | 6.43%                 | Yes           |                  2 | On Loan: No      |
| Dryden 93 CLO, LTD.                                                 | Dryden 93 CLO, LTD.                                                 | CUSIP: 26190TAY7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6600000 | PA      | $6285778.62   | 0.53%             | 2038-01-15      | Floating      | 8.36%                 | Yes           |                  2 | On Loan: No      |
| Dryden Senior Loan Fund                                             | Dryden Senior Loan Fund                                             | CUSIP: 26254FAG9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   8000000 | PA      | $8030168.00   | 0.68%             | 2035-08-15      | Floating      | 7.32%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2017, LTD.                                            | Elevation CLO 2017, LTD.                                            | CUSIP: 28622VAG5<br>LEI: 549300OBPZDY731NEI33 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999699.80    | 0.08%             | 2030-10-25      | Floating      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2020-11, LTD.                                         | Elevation CLO 2020-11, LTD.                                         | CUSIP: 28621YBA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4100000 | PA      | $4115016.25   | 0.35%             | 2037-10-15      | Floating      | 9.26%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2023-17, LTD.                                         | Elevation CLO 2023-17, LTD.                                         | CUSIP: 28624DAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10750000 | PA      | $10782654.20  | 0.91%             | 2036-10-20      | Floating      | 7.77%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2025-18, LTD.                                         | Elevation CLO 2025-18, LTD.                                         | CUSIP: 28623JAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  16000000 | PA      | $15810012.80  | 1.34%             | 2038-03-28      | Floating      | 7.24%                 | Yes           |                  2 | On Loan: No      |
| Elevation CLO 2025-18, LTD.                                         | Elevation CLO 2025-18, LTD.                                         | CUSIP: 28623JAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9000000 | PA      | $8864804.70   | 0.75%             | 2038-03-28      | Floating      | 8.28%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO 39, LTD.                                                | Elmwood CLO 39, LTD.                                                | CUSIP: 289910AN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4831019.00   | 0.41%             | 2038-04-17      | Floating      | 7.85%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO VII                                                     | Elmwood CLO VII                                                     | CUSIP: 29002QAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3750000 | PA      | $3702479.62   | 0.31%             | 2037-10-17      | Floating      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| Elmwood CLO XI, LTD.                                                | Elmwood CLO XI, LTD.                                                | CUSIP: 29002LAS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2510693.75   | 0.21%             | 2038-01-20      | Floating      | 8.02%                 | Yes           |                  2 | On Loan: No      |
| First American Government Obligations Fund, Class X                 | First American Government Obligations Fund, Class X                 | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        | 241521127 | NS      | $241521126.55 | 20.45%            |  |  |  | No            |                  1 | On Loan: No      |
| FS Rialto 2024-FL9                                                  | FS Rialto 2024-FL9                                                  | CUSIP: 30338WAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   7572000 | PA      | $7580095.98   | 0.64%             | 2039-10-19      | Floating      | 6.96%                 | Yes           |                  2 | On Loan: No      |
| Galaxy CLO XV 2013-15RR, LTD.                                       | Galaxy CLO XV 2013-15RR, LTD.                                       | CUSIP: 36318WAM2<br>LEI: 549300MJK1HWQWCLYA68 | Long             | ABS-CBDO         | CORP              | KY        |   3635000 | PA      | $3647858.45   | 0.31%             | 2030-10-15      | Floating      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| Generate CLO 4, LTD.                                                | Generate CLO 4, LTD.                                                | CUSIP: 37148BAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8034961.60   | 0.68%             | 2037-07-20      | Floating      | 9.07%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD.                                    | Golub Capital Partners CLO, LTD.                                    | CUSIP: 38179NAD6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   9000000 | PA      | $9061861.50   | 0.77%             | 2037-02-09      | Floating      | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Golub Capital Partners CLO, LTD.                                    | Golub Capital Partners CLO, LTD.                                    | CUSIP: 38179NAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  15000000 | PA      | $15177093.00  | 1.28%             | 2037-02-09      | Floating      | 7.55%                 | Yes           |                  2 | On Loan: No      |
| Greystone CRE Notes - 2024-HC3                                      | Greystone CRE Notes - 2024-HC3                                      | CUSIP: 39808MAE3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3437000 | PA      | $3372994.12   | 0.29%             | 2041-09-15      | Floating      | 8.02%                 | Yes           |                  2 | On Loan: No      |
| Greystone CRE Notes - 2024-HC3                                      | Greystone CRE Notes - 2024-HC3                                      | CUSIP: 39808MAG8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   5156000 | PA      | $5173817.59   | 0.44%             | 2041-09-15      | Floating      | 8.82%                 | Yes           |                  2 | On Loan: No      |
| Greywolf CLO II, LTD.                                               | Greywolf CLO II, LTD.                                               | CUSIP: 398079BA0<br>LEI: 549300DX0ZYWEZ6TY764 | Long             | ABS-CBDO         | CORP              | KY        |   2450000 | PA      | $2452315.74   | 0.21%             | 2034-04-15      | Floating      | 6.12%                 | Yes           |                  2 | On Loan: No      |
| HalseyPoint CLO II, LTD.                                            | HalseyPoint CLO II, LTD.                                            | CUSIP: 40638TAU6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1997432.20   | 0.17%             | 2037-07-20      | Floating      | 9.27%                 | Yes           |                  2 | On Loan: No      |
| Hayfin US XII, LTD.                                                 | Hayfin US XII, LTD.                                                 | CUSIP: 420916AJ7<br>LEI: 549300ROX4COSD406L14 | Long             | ABS-CBDO         | CORP              | KY        |  10000000 | PA      | $10082482.00  | 0.85%             | 2037-04-28      | Floating      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| HIH Trust 2024-61P                                                  | HIH Trust 2024-61P                                                  | CUSIP: 40444VAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10000000 | PA      | $9954357.00   | 0.84%             | 2026-10-15      | Variable      | 6.66%                 | Yes           |                  2 | On Loan: No      |
| HIH Trust 2024-61P                                                  | HIH Trust 2024-61P                                                  | CUSIP: 40444VAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14000000 | PA      | $13871023.60  | 1.17%             | 2026-10-15      | Variable      | 7.16%                 | Yes           |                  2 | On Loan: No      |
| HONO 2021-LULU Mortgage Trust                                       | HONO 2021-LULU Mortgage Trust                                       | CUSIP: 40390MAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4525000 | PA      | $4450572.80   | 0.38%             | 2036-12-15      | Floating      | 6.29%                 | Yes           |                  2 | On Loan: No      |
| HYT Commercial Mortgage Trust 2024-RGCY                             | HYT Commercial Mortgage Trust 2024-RGCY                             | CUSIP: 449173AE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $5907418.20   | 0.50%             | 2041-09-15      | Floating      | 7.16%                 | Yes           |                  2 | On Loan: No      |
| ICG U.S. CLO 2020-1A, LTD.                                          | ICG U.S. CLO 2020-1A, LTD.                                          | CUSIP: 449251AS6<br>LEI: 254900UXTGDH0QOBDH07 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003827.60   | 0.08%             | 2035-01-20      | Floating      | 8.13%                 | Yes           |                  2 | On Loan: No      |
| ICG US CLO 2017-IRR, LTD.                                           | ICG US CLO 2017-IRR, LTD.                                           | CUSIP: 449259AN0<br>LEI: 254900T2ODAPJRGAZY53 | Long             | ABS-CBDO         | CORP              | KY        |   4600000 | PA      | $4613621.52   | 0.39%             | 2034-07-28      | Floating      | 6.94%                 | Yes           |                  2 | On Loan: No      |
| Invesco U.S. CLO 2023-4, LTD.                                       | Invesco U.S. CLO 2023-4, LTD.                                       | CUSIP: 46091XAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  13500000 | PA      | $13606076.25  | 1.15%             | 2037-01-18      | Floating      | 7.27%                 | Yes           |                  2 | On Loan: No      |
| KKR CLO 36, LTD.                                                    | KKR CLO 36, LTD.                                                    | CUSIP: 48255AAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4992472.50   | 0.42%             | 2034-10-15      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| KREF 2021-FL2, LTD.                                                 | KREF 2021-FL2, LTD.                                                 | CUSIP: 48275RAC1<br>LEI: 54930083ELM2GCMVTQ91 | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7326439.50   | 0.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LCM 2019-30R, LTD.                                                  | LCM 2019-30R, LTD.                                                  | CUSIP: 50200YAU2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3500000 | PA      | $3474924.95   | 0.29%             | 2031-04-20      | Floating      | 6.53%                 | Yes           |                  2 | On Loan: No      |
| LCM 40, LTD.                                                        | LCM 40, LTD.                                                        | CUSIP: 50190KAY6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3600000 | PA      | $3597147.00   | 0.30%             | 2038-01-15      | Floating      | 9.19%                 | Yes           |                  2 | On Loan: No      |
| LCM XIV 2013-14R, LTD.                                              | LCM XIV 2013-14R, LTD.                                              | CUSIP: 50184VAT1<br>LEI: 549300NGJ6CPPJRPGL08 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2003068.20   | 0.17%             | 2031-07-20      | Floating      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| LCM XVI 2014-16R, LTD.                                              | LCM XVI 2014-16R, LTD.                                              | CUSIP: 50181GBJ8<br>LEI: 549300RB1XGNK3FHRH35 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1253264.25   | 0.11%             | 2031-10-15      | Floating      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| LCM XVII 2014-17RR, LTD.                                            | LCM XVII 2014-17RR, LTD.                                            | CUSIP: 50190AAT9<br>LEI: 549300K6S4MWQOINB710 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006108.90   | 0.25%             | 2031-10-15      | Floating      | 6.62%                 | Yes           |                  2 | On Loan: No      |
| LCM XVIII 2015-18R, LTD.                                            | LCM XVIII 2015-18R, LTD.                                            | CUSIP: 50188GAV5<br>LEI: 549300PYL1KC7BYM8G75 | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4987478.00   | 0.42%             | 2031-07-20      | Floating      | 6.38%                 | Yes           |                  2 | On Loan: No      |
| LCM XXIII CLO, LTD.                                                 | LCM XXIII CLO, LTD.                                                 | CUSIP: 52111PAK7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    427076 | PA      | $428506.00    | 0.04%             | 2029-10-20      | Floating      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| LCM XXV 2018-26, LTD.                                               | LCM XXV 2018-26, LTD.                                               | CUSIP: 50200FAG4<br>LEI: 549300FY8UGGJMQNCO13 | Long             | ABS-CBDO         | CORP              | KY        |   6600000 | PA      | $6614489.64   | 0.56%             | 2031-01-20      | Floating      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Leader Capital Short Term High Yield Bond Fund, Institutional Class | Leader Capital Short Term High Yield Bond Fund, Institutional Class | CUSIP: 52169B103<br>LEI: 54930055U85E86N3X724 | Long             | EC               | RF                | US        |   2993626 | NS      | $24038816.78  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer LTD.                                      | LoanCore 2021-CRE5 Issuer LTD.                                      | CUSIP: 53947XAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8008676.80   | 0.68%             | 2036-07-16      | Floating      | 6.19%                 | Yes           |                  2 | On Loan: No      |
| LoanCore 2021-CRE5 Issuer, LTD.                                     | LoanCore 2021-CRE5 Issuer, LTD.                                     | CUSIP: 53947FAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2992098.60   | 0.25%             | 2030-01-17      | Floating      | 7.87%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LXIX 2024-69A, LTD.                            | Madison Park Funding LXIX 2024-69A, LTD.                            | CUSIP: 55822VAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2014382.20   | 0.17%             | 2037-07-25      | Floating      | 9.03%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding XXXVI 2019-36A, LTD.                           | Madison Park Funding XXXVI 2019-36A, LTD.                           | CUSIP: 55819PBK4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  11000000 | PA      | $10953921.00  | 0.93%             | 2035-04-15      | Floating      | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MAGNETITE XLI, LTD.                                                 | MAGNETITE XLI, LTD.                                                 | CUSIP: 55956AAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1512742.95   | 0.13%             | 2038-01-25      | Floating      | 8.16%                 | Yes           |                  2 | On Loan: No      |
| MAGNETITE XXXIV, LTD.                                               | MAGNETITE XXXIV, LTD.                                               | CUSIP: 55952MAW3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1515000 | PA      | $1498781.02   | 0.13%             | 2038-01-15      | Floating      | 7.87%                 | Yes           |                  2 | On Loan: No      |
| MF1 2021-FL5, LTD.                                                  | MF1 2021-FL5, LTD.                                                  | CUSIP: 55282XAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5925000 | PA      | $5860526.52   | 0.50%             | 2036-07-15      | Variable      | 7.44%                 | Yes           |                  2 | On Loan: No      |
| MF1 2021-FL7, LTD.                                                  | MF1 2021-FL7, LTD.                                                  | CUSIP: 55284AAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3006000 | PA      | $2913320.51   | 0.25%             | 2036-10-18      | Floating      | 6.48%                 | Yes           |                  2 | On Loan: No      |
| MF1 2021-FL7, LTD.                                                  | MF1 2021-FL7, LTD.                                                  | CUSIP: 55284AAL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   5000000 | PA      | $4905381.00   | 0.42%             | 2036-10-18      | Variable      | 7.23%                 | Yes           |                  2 | On Loan: No      |
| MF1 2024-FL15, LTD.                                                 | MF1 2024-FL15, LTD.                                                 | CUSIP: 58003MAE6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1493356.35   | 0.13%             | 2041-08-18      | Floating      | 6.81%                 | Yes           |                  2 | On Loan: No      |
| MF1 2024-FL15, LTD.                                                 | MF1 2024-FL15, LTD.                                                 | CUSIP: 58003MAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3000000 | PA      | $2968138.20   | 0.25%             | 2041-08-18      | Floating      | 7.26%                 | Yes           |                  2 | On Loan: No      |
| Nassau 2018-II CLO, LTD                                             | Nassau 2018-II CLO, LTD                                             | CUSIP: 63152PAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  10400000 | PA      | $10436293.92  | 0.88%             | 2031-10-15      | Floating      | 7.07%                 | Yes           |                  2 | On Loan: No      |
| Nassau 2019-I CLO, LTD.                                             | Nassau 2019-I CLO, LTD.                                             | CUSIP: 63171NAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   3500000 | PA      | $3512926.20   | 0.30%             | 2031-04-15      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Nassau 2019-II CLO, LTD.                                            | Nassau 2019-II CLO, LTD.                                            | CUSIP: 63172WAE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5014860.00   | 0.42%             | 2032-10-15      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO XXI, Ltd.                                      | Neuberger Berman CLO XXI, Ltd.                                      | CUSIP: 64130DCC2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $973893.20    | 0.08%             | 2039-01-20      | Floating      | 8.22%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman CLO XXII, LTD.                                     | Neuberger Berman CLO XXII, LTD.                                     | CUSIP: 64131BAY9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1006565.00   | 0.09%             | 2038-04-17      | Floating      | 9.03%                 | Yes           |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 26, LTD.                         | Neuberger Berman Loan Advisers CLO 26, LTD.                         | CUSIP: 64131QAW0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2483792.25   | 0.21%             | 2038-10-18      | Floating      | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Newark BSL CLO 2017-2R, LTD.                                        | Newark BSL CLO 2017-2R, LTD.                                        | CUSIP: 65023PAS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2500000 | PA      | $2494874.25   | 0.21%             | 2030-07-25      | Floating      | 6.29%                 | Yes           |                  2 | On Loan: No      |
| NGC CLO 2024-1A D1, LTD.                                            | NGC CLO 2024-1A D1, LTD.                                            | CUSIP: 652927AN4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   2000000 | PA      | $2010165.00   | 0.17%             | 2037-07-20      | Floating      | 8.47%                 | Yes           |                  2 | On Loan: No      |
| NGC CLO 2024-1A, LTD.                                               | NGC CLO 2024-1A, LTD.                                               | CUSIP: 652927AL8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |  24000000 | PA      | $24161095.20  | 2.05%             | 2037-07-20      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Northwoods Capital CLO 2020-22A, LTD.                               | Northwoods Capital CLO 2020-22A, LTD.                               | CUSIP: 66858HBE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  12000000 | PA      | $12120166.80  | 1.03%             | 2037-03-16      | Floating      | 7.15%                 | Yes           |                  2 | On Loan: No      |
| Northwoods Capital XI-B, LTD.                                       | Northwoods Capital XI-B, LTD.                                       | CUSIP: 66860JAU2<br>LEI: 5493005SOJ8F7B634862 | Long             | ABS-CBDO         | CORP              | KY        |  12200000 | PA      | $12181492.60  | 1.03%             | 2037-07-19      | Floating      | 6.77%                 | Yes           |                  2 | On Loan: No      |
| NYC Trust Commercial Mortgage Securities Trust                      | NYC Trust Commercial Mortgage Securities Trust                      | CUSIP: 62956HAE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4953779.50   | 0.42%             | 2029-08-15      | Variable      | 7.16%                 | Yes           |                  2 | On Loan: No      |
| OAKC192 BRR USD                                                     | OAKC192 BRR USD                                                     | CUSIP: 67401UBC0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5589000 | PA      | $5569534.63   | 0.47%             | 2037-10-15      | Floating      | 6.46%                 | Yes           |                  2 | On Loan: No      |
| Oaktree CLO 2024-27, LTD.                                           | Oaktree CLO 2024-27, LTD.                                           | CUSIP: 67402UAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2012242.40   | 0.17%             | 2037-10-22      | Floating      | 8.47%                 | Yes           |                  2 | On Loan: No      |
| Obra CLO 1, LTD.                                                    | Obra CLO 1, LTD.                                                    | CUSIP: 67443AAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1025000 | PA      | $1036843.46   | 0.09%             | 2038-01-20      | Floating      | 8.26%                 | Yes           |                  2 | On Loan: No      |
| Ocean Trails CLO XV, LTD.                                           | Ocean Trails CLO XV, LTD.                                           | CUSIP: 67515BAE2<br>LEI: 5493000CJCL8E235WY49 | Long             | ABS-CBDO         | CORP              | JE        |  15000000 | PA      | $15104224.50  | 1.28%             | 2037-01-15      | Floating      | 7.11%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2014-5R, LTD.                                               | OCP CLO 2014-5R, LTD.                                               | CUSIP: 67102SAQ7<br>LEI: 254900NXH68CRC058O44 | Long             | ABS-CBDO         | CORP              | KY        |   4000000 | PA      | $4000758.80   | 0.34%             | 2031-04-26      | Floating      | 6.34%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2014-7RR, LTD.                                              | OCP CLO 2014-7RR, LTD.                                              | CUSIP: 67107KBD7<br>LEI: 254900NUK1R46EK6YF62 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2007572.80   | 0.17%             | 2029-07-20      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| OCP CLO 2019-16R, LTD.                                              | OCP CLO 2019-16R, LTD.                                              | CUSIP: 67570QAP6<br>LEI: 254900XAI48J82ID5O83 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996041.00    | 0.08%             | 2033-04-10      | Floating      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 46, LTD.                                | Octagon Investment Partners 46, LTD.                                | CUSIP: 67577VAQ6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $3006962.40   | 0.25%             | 2036-07-15      | Floating      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners 46, LTD.                                | Octagon Investment Partners 46, LTD.                                | CUSIP: 67577VAS2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4964941.00   | 0.42%             | 2036-07-15      | Floating      | 7.82%                 | Yes           |                  2 | On Loan: No      |
| Octagon Investment Partners XVII, LTD.                              | Octagon Investment Partners XVII, LTD.                              | CUSIP: 67590GBN8<br>LEI: 54930007Y57X4ONHQV20 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1004505.20   | 0.09%             | 2031-01-25      | Floating      | 6.24%                 | Yes           |                  2 | On Loan: No      |
| OFSI BSL IX, LTD.                                                   | OFSI BSL IX, LTD.                                                   | CUSIP: 67111BAJ9<br>LEI: 549300ISCSFRB3LRFG70 | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1199202.24   | 0.10%             | 2031-07-15      | Floating      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| OFSI BSL XII CLO, LTD.                                              | OFSI BSL XII CLO, LTD.                                              | CUSIP: 67629HAN2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6000000 | PA      | $5768503.20   | 0.49%             | 2035-01-20      | Floating      | 8.31%                 | Yes           |                  2 | On Loan: No      |
| OFSI BSL XIV CLO, LTD                                               | OFSI BSL XIV CLO, LTD                                               | CUSIP: 67119GAJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5625000 | PA      | $5657354.44   | 0.48%             | 2037-07-20      | Floating      | 9.42%                 | Yes           |                  2 | On Loan: No      |
| OFSI Fund 2024-13A CLO, LTD.                                        | OFSI Fund 2024-13A CLO, LTD.                                        | CUSIP: 67118VAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |  18000000 | PA      | $18125308.80  | 1.53%             | 2037-04-20      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| OHA Credit Partners VII, LTD.                                       | OHA Credit Partners VII, LTD.                                       | CUSIP: 67102QBV9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $1998838.20   | 0.17%             | 2038-02-20      | Floating      | 7.82%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square CLO 2021-1, LTD.                                      | Palmer Square CLO 2021-1, LTD.                                      | CUSIP: 69701WAU0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4750000 | PA      | $4651692.10   | 0.39%             | 2038-04-20      | Floating      | 7.82%                 | Yes           |                  2 | On Loan: No      |
| Park Avenue Institutional Advisers CLO 2018-1, LTD.                 | Park Avenue Institutional Advisers CLO 2018-1, LTD.                 | CUSIP: 70016RAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5015106.00   | 0.42%             | 2031-10-20      | Floating      | 6.63%                 | Yes           |                  2 | On Loan: No      |
| PGA National Resort Commerical Mortgage Trust                       | PGA National Resort Commerical Mortgage Trust                       | CUSIP: 69381CAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  18410000 | PA      | $18145336.00  | 1.54%             | 2026-06-15      | Variable      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| PPM CLO 3, LTD.                                                     | PPM CLO 3, LTD.                                                     | CUSIP: 69355EAS4<br>LEI: 549300UEAJV6RALDS969 | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1492390.35   | 0.13%             | 2034-07-17      | Floating      | 7.64%                 | Yes           |                  2 | On Loan: No      |
| SG Commercial Mortgage Securities Trust 2016-C5                     | SG Commercial Mortgage Securities Trust 2016-C5                     | CUSIP: 78419CAL8<br>LEI: 549300SZQW4U3UN4A157 | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2282250.25   | 0.19%             | 2048-10-10      | Variable      | 4.97%                 | Yes           |                  2 | On Loan: No      |
| Signal Peak CLO 5, LTD.                                             | Signal Peak CLO 5, LTD.                                             | CUSIP: 82666VAG9<br>LEI: 635400SMPSPMTZRZQF40 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1005215.10   | 0.09%             | 2037-04-25      | Floating      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| Sound Point CLO IV, LTD.                                            | Sound Point CLO IV, LTD.                                            | CUSIP: 83609YAJ5<br>LEI: 549300HOEGQTNS4MTZ12 | Long             | ABS-CBDO         | CORP              | KY        |   4050000 | PA      | $4042724.17   | 0.34%             | 2031-04-18      | Floating      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| Sound Point CLO VII-R, LTD.                                         | Sound Point CLO VII-R, LTD.                                         | CUSIP: 83610HAJ9<br>LEI: 549300IYECLSB6ZQZB89 | Long             | ABS-CBDO         | CORP              | KY        |   7300000 | PA      | $7202190.95   | 0.61%             | 2031-10-23      | Floating      | 7.94%                 | Yes           |                  2 | On Loan: No      |
| Sound Point CLO XXXI, LTD.                                          | Sound Point CLO XXXI, LTD.                                          | CUSIP: 83615PAG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2845828.80   | 0.24%             | 2034-10-25      | Floating      | 7.79%                 | Yes           |                  2 | On Loan: No      |
| Steele Creek CLO, LTD.                                              | Steele Creek CLO, LTD.                                              | CUSIP: 858102BA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   6250000 | PA      | $6162955.62   | 0.52%             | 2031-06-15      | Floating      | 7.46%                 | Yes           |                  2 | On Loan: No      |
| Steele Creek CLO, LTD.                                              | Steele Creek CLO, LTD.                                              | CUSIP: 85815CAG4<br>LEI: 549300HGQ43STJLLP808 | Long             | ABS-CBDO         | CORP              | KY        |   6500000 | PA      | $6410721.85   | 0.54%             | 2031-04-15      | Floating      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust 2025, LTD.                           | SWCH Commercial Mortgage Trust 2025, LTD.                           | CUSIP: 78489CAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1921050.60   | 0.16%             | 2042-03-15      | Floating      | 7.66%                 | Yes           |                  2 | On Loan: No      |
| Sycamore Tree CLO 2024-5A, LTD.                                     | Sycamore Tree CLO 2024-5A, LTD.                                     | CUSIP: 87122YAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $5014407.50   | 0.42%             | 2036-04-20      | Floating      | 7.04%                 | Yes           |                  2 | On Loan: No      |
| Symphony CLO 2014-15R3, LTD.                                        | Symphony CLO 2014-15R3, LTD.                                        | CUSIP: 87154EBL3<br>LEI: 5493007X3UVVYJ005O73 | Long             | ABS-CBDO         | CORP              | US        |   6000000 | PA      | $6023364.60   | 0.51%             | 2032-01-17      | Floating      | 6.91%                 | Yes           |                  2 | On Loan: No      |
| TCI-Symphony CLO 2017-1R, LTD.                                      | TCI-Symphony CLO 2017-1R, LTD.                                      | CUSIP: 87232BAK8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1020000 | PA      | $1013278.61   | 0.09%             | 2030-07-15      | Floating      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| TCW CLO 2021-1, LTD.                                                | TCW CLO 2021-1, LTD.                                                | CUSIP: 87190KBA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $7568868.80   | 0.64%             | 2038-01-20      | Floating      | 8.27%                 | Yes           |                  2 | On Loan: No      |
| TICP CLO VII, LTD.                                                  | TICP CLO VII, LTD.                                                  | CUSIP: 87248TAS4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $499030.00    | 0.04%             | 2034-04-15      | Floating      | 7.72%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO IX, LTD.                                               | Trinitas CLO IX, LTD.                                               | CUSIP: 89641JAU0<br>LEI: 549300QFERVNPGSISO16 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2005032.00   | 0.17%             | 2032-01-20      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO VII Ltd., Series 2017-7A, Class D1R                    | Trinitas CLO VII Ltd., Series 2017-7A, Class D1R                    | CUSIP: 89641CAQ4<br>LEI: 549300F3XEPDOX3FOP69 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2961544.80   | 0.25%             | 2035-01-25      | Floating      | 8.04%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO X, LTD.                                                | Trinitas CLO X, LTD.                                                | CUSIP: 89640AAS5<br>LEI: 549300W90X4BIMRJ8H82 | Long             | ABS-CBDO         | CORP              | KY        |   2000000 | PA      | $2007606.80   | 0.17%             | 2035-01-15      | Floating      | 6.76%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO XV, LTD.                                               | Trinitas CLO XV, LTD.                                               | CUSIP: 89641XAG0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2506758.50   | 0.21%             | 2034-04-22      | Floating      | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Trinitas CLO XXII, LTD.                                             | Trinitas CLO XXII, LTD.                                             | CUSIP: 89640HAE1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |   6500000 | PA      | $6518404.10   | 0.55%             | 2036-07-20      | Floating      | 8.07%                 | Yes           |                  2 | On Loan: No      |
| Trysail CLO 2021-1, LTD.                                            | Trysail CLO 2021-1, LTD.                                            | CUSIP: 89855AAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   2500000 | PA      | $2510048.50   | 0.21%             | 2032-07-20      | Floating      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| VCC CLO 1 2024-1A                                                   | VCC CLO 1 2024-1A                                                   | CUSIP: 91825AAG4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   8000000 | PA      | $8064620.00   | 0.68%             | 2036-10-20      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Vibrant CLO VIII, LTD.                                              | Vibrant CLO VIII, LTD.                                              | CUSIP: 92558FAE9<br>LEI: 5493007UH0SOAZ6NCZ28 | Long             | ABS-CBDO         | CORP              | KY        |   1800000 | PA      | $1794435.12   | 0.15%             | 2031-01-20      | Floating      | 6.33%                 | Yes           |                  2 | On Loan: No      |
| Vibrant CLO XR, LTD.                                                | Vibrant CLO XR, LTD.                                                | CUSIP: 92563MAG2<br>LEI: 5493000EYNEUF6J67S05 | Long             | ABS-CBDO         | CORP              | US        |   1200000 | PA      | $1209201.24   | 0.10%             | 2036-04-20      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2012-4R3, LTD.                                             | Voya CLO 2012-4R3, LTD.                                             | CUSIP: 92916GBG8<br>LEI: 54930043I9VQ10YJ1Z07 | Long             | ABS-CBDO         | CORP              | KY        |   1300000 | PA      | $1301632.28   | 0.11%             | 2030-10-15      | Floating      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2014-4, LTD.                                               | Voya CLO 2014-4, LTD.                                               | CUSIP: 92914RBE1<br>LEI: 549300JHU3YI1LLL3V27 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003368.20   | 0.08%             | 2031-07-14      | Floating      | 7.85%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2015-3R, LTD.                                              | Voya CLO 2015-3R, LTD.                                              | CUSIP: 92913UAU0<br>LEI: 254900MS3D9HONB0N824 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1253557.12   | 0.11%             | 2031-10-20      | Floating      | 6.73%                 | Yes           |                  2 | On Loan: No      |
| Voya CLO 2024-1, LTD.                                               | Voya CLO 2024-1, LTD.                                               | CUSIP: 92920DAE5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1590000 | PA      | $1596365.72   | 0.14%             | 2037-04-15      | Floating      | 6.66%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 2023-1, LTD.                                    | Warwick Capital CLO 2023-1, LTD.                                    | CUSIP: 936919AE9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1500000 | PA      | $1504550.40   | 0.13%             | 2036-10-20      | Floating      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 2023-2, LTD.                                    | Warwick Capital CLO 2023-2, LTD.                                    | CUSIP: 936557AE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   4000000 | PA      | $4052232.00   | 0.34%             | 2037-01-15      | Floating      | 6.96%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 2023-2, LTD.                                    | Warwick Capital CLO 2023-2, LTD.                                    | CUSIP: 936557AG2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   3500000 | PA      | $3511225.20   | 0.30%             | 2037-01-15      | Floating      | 7.71%                 | Yes           |                  2 | On Loan: No      |
| Warwick Capital CLO 2024-3A, LTD.                                   | Warwick Capital CLO 2024-3A, LTD.                                   | CUSIP: 93655PAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   5500000 | PA      | $5518709.90   | 0.47%             | 2037-04-20      | Floating      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO 2021-2A, LTD.                                         | Wellfleet CLO 2021-2A, LTD.                                         | CUSIP: 95023AAE0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5500000 | PA      | $5514806.55   | 0.47%             | 2034-07-15      | Floating      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO 2021-2A, LTD.                                         | Wellfleet CLO 2021-2A, LTD.                                         | CUSIP: 95023AAG5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $996649.50    | 0.08%             | 2034-07-15      | Floating      | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO 2022-1 LTD.                                           | Wellfleet CLO 2022-1 LTD.                                           | CUSIP: 94950TBA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4950000 | PA      | $4975014.83   | 0.42%             | 2037-07-15      | Floating      | 8.86%                 | Yes           |                  2 | On Loan: No      |
| Wellfleet CLO X, LTD.                                               | Wellfleet CLO X, LTD.                                               | CUSIP: 94949WAX4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   5000000 | PA      | $4986371.00   | 0.42%             | 2032-07-20      | Floating      | 7.57%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2017-3 CLO, LTD.                                         | Wind River 2017-3 CLO, LTD.                                         | CUSIP: 97316LAE8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   4200000 | PA      | $4210915.38   | 0.36%             | 2035-04-15      | Floating      | 7.02%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2021-1A CLO, LTD.                                        | Wind River 2021-1A CLO, LTD.                                        | CUSIP: 97317AAE1<br>LEI: 549300OBHD9JXBHL6R27 | Long             | ABS-CBDO         | CORP              | KY        |   7000000 | PA      | $7070328.30   | 0.60%             | 2037-04-20      | Floating      | 7.09%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2021-2 CLO, LTD.                                         | Wind River 2021-2 CLO, LTD.                                         | CUSIP: 97315VAG2<br>LEI: 549300OBHD9JXBHL6R27 | Long             | ABS-CBDO         | CORP              | KY        |   3000000 | PA      | $2976220.20   | 0.25%             | 2034-07-20      | Floating      | 6.48%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2021-3 CLO, LTD.                                         | Wind River 2021-3 CLO, LTD.                                         | CUSIP: 97316DBA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   9400000 | PA      | $9117173.74   | 0.77%             | 2038-04-20      | Floating      | 8.22%                 | Yes           |                  2 | On Loan: No      |
| Wind River 2021-4 CLO, LTD.                                         | Wind River 2021-4 CLO, LTD.                                         | CUSIP: 97316UAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   7500000 | PA      | $7227200.25   | 0.61%             | 2035-01-20      | Floating      | 7.73%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Leader Funds Trust

**Signature:** /s/ John Lekas

**Name of Signer:** John Lekas

**Title:** President