# EDGAR Filing Document

**Accession Number:** 0001500604
**File Stem:** 0002071691-25-009577
**Filing Date:** 2025-12
**Character Count:** 176186
**Document Hash:** 771af3b98b000c3921ff314292e00e58
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009577.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009577

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Janus Detroit Street Trust
- **CENTRAL INDEX KEY:** 0001500604

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23112
- **FILM NUMBER:** 251596413

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-333-3863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Janus ETF Trust
- **DATE OF NAME CHANGE:** 20100902

## Series and Classes Contracts Data

### Janus Henderson Income ETF (Series ID: S000088762)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000255137 | Janus Henderson Income ETF | JIII            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Janus Detroit Street Trust

- **b. Investment Company Act file number:** 811-23112

- **c. CIK number of Registrant:** 0001500604

- **d. LEI of Registrant:** 5493003MM7OCK5UJW595

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

  - **Street Address 1:** 151 Detroit Street

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

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

- **a. Name of Series:** Janus Henderson Income ETF

- **b. EDGAR series identifier (if any):** S000088762

- **c. LEI of Series:** 213800X12IY7RROOWO96

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $190558564.37

**Total Liabilities:** $45211530.34

**Net Assets:** $145347034.03

**Delayed Delivery Securities:** $1893804.40

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -162.06367718 | **1-Year:** -4015.99512374 | **5-Year:** -11692.48933561 | **10-Year:** -14599.47077661 | **30-Year:** -4983.64372279

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

- **3-Month:** -279.07896189 | **1-Year:** -7889.26616840 | **5-Year:** -18804.60883851 | **10-Year:** -12648.72411327 | **30-Year:** -2381.17856777

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255137 | 1.48%                | 0.37%                | 0.58%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $619487.47               | $541953.58                                 |
| Month 2  | $685230.52               | $-658955.16                                |
| Month 3  | $486569.43               | $-584435.58                                |

**Designated Index Information**

- **Index Name:** 65%Bloomberg US Corp High Yld Bond/25%Bloomberg IG/10%Bloomberg MBS

- **Index Identifier:** INTRNL-2419436436

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2025-R01, Class 1B1       | CUSIP: 20755JAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1390536 | PA      | $1382748.42   | 0.95%             | 2045-01-25      | Floating      | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Sierra Timeshare Receivables Funding LLC                | Sierra Timeshare Receivables Funding LLC, Series 2025-1A, Class D     | CUSIP: 82653CAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    333181 | PA      | $333548.33    | 0.23%             | 2042-01-21      | Fixed         | 6.86%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-BIO2, Class D               | CUSIP: 05613GAG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    888000 | PA      | $865844.48    | 0.60%             | 2041-08-13      | Variable      | 7.71%                 | Yes           |                  2 | On Loan: No      |
| New Residential Mortgage Loan Trust                     | New Residential Mortgage Loan Trust, Series 2024-RTL1, Class A2       | CUSIP: 64831PAB1<br>LEI: 213800CVLC5IFCJL6C96 | Long             | ABS-MBS          | CORP              | US        |    323000 | PA      | $325357.84    | 0.22%             | 2039-03-25      | Variable      | 7.10%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                 | Talen Energy Supply LLC                                               | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    355000 | PA      | $364034.49    | 0.25%             | 2034-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | ETRS                                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |    134758 | PA      | $4866.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-DNA3, Class B2                   | CUSIP: 35564KFH7<br>LEI: 5493000ISUYHCRLRBE46 | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $310678.76    | 0.21%             | 2033-10-25      | Floating      | 10.43%                | Yes           |                  2 | On Loan: No      |
| Live Nation Entertainment, Inc.                         | Live Nation Entertainment, Inc.                                       | CUSIP: 538034BD0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    216000 | PA      | $213904.80    | 0.15%             | 2031-10-15      | Fixed         | 2.88%                 | Yes           |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                 | Saluda Grade Alternative Mortgage Trust, Series 2023-RTL3, Class A1   | CUSIP: 79583YAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    466275 | PA      | $464032.78    | 0.32%             | 2029-04-25      | Variable      | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                    | Meta Platforms, Inc.                                                  | CUSIP: 30303MAC6<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    105000 | PA      | $105527.80    | 0.07%             | 2032-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| NRM FHT1 Excess Owner LLC                               | NRM FHT1 Excess Owner LLC, Series 2025-FHT1, Class A                  | CUSIP: 64832EAA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    594264 | PA      | $602396.74    | 0.41%             | 2032-03-25      | Variable      | 6.55%                 | Yes           |                  2 | On Loan: No      |
| K. Hovnanian Enterprises, Inc.                          | K. Hovnanian Enterprises, Inc.                                        | CUSIP: 48251UAP3<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |    347000 | PA      | $354532.33    | 0.24%             | 2031-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| River Rock Entertainment                                | River Rock Entertainment, First Lien Term Loan                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    280000 | PA      | $271600.00    | 0.19%             | 2031-06-25      | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| Wingspire Equipment Finance LLC                         | Wingspire Equipment Finance LLC, Series 2025-1A, Class D              | CUSIP: 97415CAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    374000 | PA      | $373864.48    | 0.26%             | 2033-09-20      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| CP Atlas Buyer, Inc.                                    | CP Atlas Buyer, Inc., First Lien Term Loan B                          | CUSIP: 12658HAL6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    593000 | PA      | $583660.25    | 0.40%             | 2030-07-08      | Variable      | 9.21%                 | No            |                  2 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                 | Santander Bank Auto Credit-Linked Notes, Series 2023-B, Class D       | CUSIP: 80290CCD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    217025 | PA      | $220136.99    | 0.15%             | 2033-12-15      | Fixed         | 6.66%                 | Yes           |                  2 | On Loan: No      |
| Terawulf, Inc.                                          | Terawulf, Inc.                                                        | CUSIP: 88080TAE4<br>LEI: 254900CVMW1SX2T78A64 | Long             | DBT              | CORP              | US        |     63000 | PA      | $65142.00     | 0.04%             | 2032-05-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                          | Olympus Water US Holding Corp.                                        | CUSIP: N/A<br>LEI: 549300YU2GGVCBN3MY89       | Long             | DBT              | CORP              | US        |    320000 | PA      | $348490.06    | 0.24%             | 2029-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners LP                            | Tallgrass Energy Partners LP                                          | CUSIP: 87470LAM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    718000 | PA      | $712478.65    | 0.49%             | 2034-03-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Proofpoint, Inc.                                        | Proofpoint, Inc., First Lien Term Loan                                | CUSIP: 74345HAG6<br>LEI: 529900C5FODDK0WSR085 | Long             | LON              | CORP              | US        |    223300 | PA      | $224105.86    | 0.15%             | 2028-08-31      | Variable      | 6.96%                 | No            |                  2 | On Loan: No      |
| Lavender Dutch BorrowerCo BV                            | Lavender Dutch BorrowerCo BV, First Lien Term Loan B                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    249219 | PA      | $249219.31    | 0.17%             | 2032-09-27      | Variable      | 7.01%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2022-FOX2, Class D                                   | CUSIP: 05610AAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    227500 | PA      | $227277.18    | 0.16%             | 2039-04-15      | Floating      | 6.14%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2156.67      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAMLL Re-REMIC Trust                                    | BAMLL Re-REMIC Trust, Series 2025-FRR5, Class EK86                    | CUSIP: 05494BBJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    257817 | PA      | $196089.11    | 0.13%             | 2051-11-27      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Aretec Group, Inc.                                      | Aretec Group, Inc., First Lien Term Loan B3                           | CUSIP: 04009DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    298496 | PA      | $299472.32    | 0.21%             | 2030-08-09      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2024-R03, Class 2B1       | CUSIP: 207941AF2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1425000 | PA      | $1472768.36   | 1.01%             | 2044-03-25      | Floating      | 6.98%                 | Yes           |                  2 | On Loan: No      |
| ITT Holdings LLC                                        | ITT Holdings LLC                                                      | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |    442000 | PA      | $428109.09    | 0.29%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                              | Hudsons Bay Simon JV Trust, Series 2015-HB7, Class C7                 | CUSIP: 44422PBE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98812.15     | 0.07%             | 2034-08-05      | Variable      | 5.16%                 | Yes           |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                    | Other Note or Other Instrument                                        | CUSIP: N/A<br>LEI: ES7IP3U3RHIGC71XBU11       | Long             | STIV             | CORP              | CA        |    517300 | PA      | $517299.50    | 0.36%             | 2025-11-03      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Ziggo BV                                                | Ziggo BV, First Lien Term Loan H                                      | CUSIP: N9833RAH2<br>LEI: 213800TQASLF9JXH5J59 | Long             | LON              | CORP              | NL        |    500000 | PA      | $565558.00    | 0.39%             | 2029-01-31      | Variable      | 4.89%                 | No            |                  2 | On Loan: No      |
| VERTICAL BRIDGE CC LLC                                  | VERTICAL BRIDGE CC LLC, Series 2025-1A, Class C                       | CUSIP: 92535VAU6<br>LEI: 549300DKEDU9WZPGTC09 | Long             | ABS-O            | CORP              | US        |    426000 | PA      | $425076.39    | 0.29%             | 2055-08-16      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| Beazer Homes USA, Inc.                                  | Beazer Homes USA, Inc.                                                | CUSIP: 07556QBU8<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    356000 | PA      | $360320.06    | 0.25%             | 2031-03-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| IREN Ltd.                                               | IREN Ltd.                                                             | CUSIP: 46270CAE9<br>LEI: 254900FZF02RB3NNGB71 | Long             | DBT              | CORP              | AU        |    190000 | PA      | $200070.00    | 0.14%             | 2031-07-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| New Home Co., Inc. (The)                                | New Home Co., Inc. (The)                                              | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |     73000 | PA      | $76559.92     | 0.05%             | 2029-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Modena Buyer LLC                                        | Modena Buyer LLC, First Lien Term Loan                                | CUSIP: 60753DAC8<br>LEI: 254900B0G2IU0VBDOY26 | Long             | LON              | CORP              | US        |    576472 | PA      | $562636.45    | 0.39%             | 2031-07-01      | Variable      | 8.09%                 | No            |                  2 | On Loan: No      |
| WULF Compute LLC                                        | WULF Compute LLC                                                      | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    573000 | PA      | $595275.34    | 0.41%             | 2030-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Latam Airlines Group SA                                 | Latam Airlines Group SA                                               | CUSIP: 51817RAE6<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    473000 | PA      | $486433.20    | 0.33%             | 2031-01-07      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Taco Bell Funding LLC                                   | Taco Bell Funding LLC, Series 2025-1A, Class A2I                      | CUSIP: 87342RAK0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    405000 | PA      | $402491.02    | 0.28%             | 2055-08-25      | Fixed         | 4.82%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-112.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2021-VOLT, Class E               | CUSIP: 05609VAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    314869 | PA      | $314221.06    | 0.22%             | 2036-09-15      | Floating      | 6.15%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-8213.95     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Huntington Bank Auto Credit-Linked Notes                | Huntington Bank Auto Credit-Linked Notes, Series 2024-1, Class B1     | CUSIP: 44644NAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    346385 | PA      | $351178.69    | 0.24%             | 2032-05-20      | Fixed         | 6.15%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2022-DNA2, Class B2                   | CUSIP: 35564KSQ3<br>LEI: 5493000ISA3AUOXQEF68 | Long             | ABS-MBS          | CORP              | US        |    660000 | PA      | $713115.23    | 0.49%             | 2042-02-25      | Floating      | 12.68%                | Yes           |                  2 | On Loan: No      |
| General Motors Financial Co., Inc.                      | General Motors Financial Co., Inc., Series A                          | CUSIP: 37045XCA2<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    504000 | PA      | $498872.86    | 0.34%             | 2027-09-30      | Variable      | 5.75%                 | No            |                  2 | On Loan: —       |
| Janus Henderson Cash Collateral Fund LLC                | Janus Henderson Cash Collateral Fund LLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   2069198 | PA      | $2069198.00   | 1.42%             | 2025-11-03      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-HQA3, Class B2                   | CUSIP: 35564KKL2<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | CORP              | US        |    912000 | PA      | $945032.34    | 0.65%             | 2041-09-25      | Floating      | 10.43%                | Yes           |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortgage Trust                 | Saluda Grade Alternative Mortgage Trust, Series 2024-RTL4, Class A1   | CUSIP: 79584CAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $170821.15    | 0.12%             | 2030-02-25      | Variable      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BAMLL Re-REMIC Trust                                    | BAMLL Re-REMIC Trust, Series 2025-FRR5, Class E736                    | CUSIP: 05494BAJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    327626 | PA      | $291805.96    | 0.20%             | 2052-09-27      | Variable      | 0.86%                 | Yes           |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                          | SWCH Commercial Mortgage Trust, Series 2025-DATA, Class F             | CUSIP: 78489CAF6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    530000 | PA      | $527062.55    | 0.36%             | 2042-02-15      | Floating      | 8.27%                 | Yes           |                  2 | On Loan: No      |
| Maxam Prill Sarl                                        | Maxam Prill Sarl                                                      | CUSIP: 57779MAA8<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |    661000 | PA      | $675072.69    | 0.46%             | 2030-07-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Capital One Financial Corp.                             | Capital One Financial Corp.                                           | CUSIP: 14040HDJ1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    273000 | PA      | $284510.01    | 0.20%             | 2036-01-30      | Variable      | 6.18%                 | No            |                  2 | On Loan: —       |
| Reno de Medici SpA                                      | Reno de Medici SpA                                                    | CUSIP: N/A<br>LEI: 815600D6907FE7116F38       | Long             | DBT              | CORP              | IT        |    320000 | PA      | $239656.21    | 0.16%             | 2029-04-15      | Floating      | 7.01%                 | No            |                  2 | On Loan: No      |
| Libra Solutions LLC                                     | Libra Solutions LLC, Series 2025-1A, Class B                          | CUSIP: 53161AAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1003069.90   | 0.69%             | 2039-08-15      | Fixed         | 8.05%                 | Yes           |                  2 | On Loan: No      |
| Voyager Parent LLC                                      | Voyager Parent LLC                                                    | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |    536000 | PA      | $561933.29    | 0.39%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| MTN Commercial Mortgage Trust                           | MTN Commercial Mortgage Trust, Series 2022-LPFL, Class F              | CUSIP: 62475WAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    650000 | PA      | $650431.14    | 0.45%             | 2039-03-15      | Floating      | 9.33%                 | Yes           |                  2 | On Loan: No      |
| Exeter Select Automobile Receivables Trust              | Exeter Select Automobile Receivables Trust, Series 2025-2, Class D    | CUSIP: 30185EAF0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $148907.47    | 0.10%             | 2032-01-15      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corp.                                   | Pilgrim's Pride Corp.                                                 | CUSIP: 72147KAK4<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    279000 | PA      | $297492.96    | 0.20%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Prima Capital CRE Securitization Ltd.                   | Prima Capital CRE Securitization Ltd., Series 2019-1S, Class C        | CUSIP: 74166KAE0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    175000 | PA      | $146421.89    | 0.10%             | 2033-10-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2022-R02, Class 2B1       | CUSIP: 20754BAF8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $519170.68    | 0.36%             | 2042-01-25      | Floating      | 8.68%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-3755.18     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| X Corp.                                                 | X Corp., First Lien Term Loan B3                                      | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    807000 | PA      | $808888.38    | 0.56%             | 2029-10-26      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2022-R01, Class 1B2       | CUSIP: 20754LAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    389503 | PA      | $407580.98    | 0.28%             | 2041-12-25      | Floating      | 10.18%                | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0406B8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1934000 | PA      | $1834778.06   | 1.26%             | 2055-11-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Burford Capital Global Finance LLC                      | Burford Capital Global Finance LLC                                    | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198989.58    | 0.14%             | 2030-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                            | Hilton Grand Vacations Trust, Series 2025-1A, Class C                 | CUSIP: 43283CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    281620 | PA      | $285333.50    | 0.20%             | 2042-05-27      | Fixed         | 5.52%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-716.60      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OEG Finance plc                                         | OEG Finance plc                                                       | CUSIP: N/A<br>LEI: 254900KMBHWF9UK63G44       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $386471.61    | 0.27%             | 2029-09-27      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| McAfee Corp.                                            | McAfee Corp.                                                          | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |    379000 | PA      | $346951.95    | 0.24%             | 2030-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2025-ROIC, Class E                                   | CUSIP: 05593VAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    299831 | PA      | $297930.14    | 0.20%             | 2030-03-15      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| Chrysaor Bidco Sarl                                     | Chrysaor Bidco SARL, First Lien Term Loan B                           | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    500000 | PA      | $579743.12    | 0.40%             | 2031-10-30      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                              | Hudsons Bay Simon JV Trust, Series 2015-HB10, Class A10               | CUSIP: 44422PBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    238000 | PA      | $230950.76    | 0.16%             | 2034-08-05      | Fixed         | 4.15%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $12131.58     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Peer Holding III B.V.                                   | Peer Holding III BV, First Lien Term Loan B9                          | CUSIP: N6872NAR7<br>LEI: N/A                  | Long             | LON              | CORP              | NL        |    500000 | PA      | $577775.21    | 0.40%             | 2032-09-27      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC                  | Ardagh Metal Packaging Finance USA LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    540000 | PA      | $581889.02    | 0.40%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CD&R Firefly Bidco plc                                  | CD&R Firefly Bidco plc                                                | CUSIP: N/A<br>LEI: 213800OAU5VX61DYZ558       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $439413.23    | 0.30%             | 2029-04-30      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury DAC                                    | Flutter Treasury DAC                                                  | CUSIP: N/A<br>LEI: 635400JE8VLL9UFVIC38       | Long             | DBT              | CORP              | IE        |    170000 | PA      | $225369.12    | 0.16%             | 2031-06-04      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                  | JPMorgan Chase Bank NA, Series 2020-CL1, Class M2                     | CUSIP: 46591HAH3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    679365 | PA      | $700409.81    | 0.48%             | 2057-10-25      | Floating      | 6.61%                 | Yes           |                  2 | On Loan: No      |
| QTS Issuer ABS I LLC                                    | QTS Issuer ABS I LLC, Series 2025-1A, Class B                         | CUSIP: 74690DAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    248000 | PA      | $250465.05    | 0.17%             | 2055-05-25      | Fixed         | 5.93%                 | Yes           |                  2 | On Loan: No      |
| MHP                                                     | MHP, Series 2022-MHIL, Class G                                        | CUSIP: 55293DAN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $795948.23    | 0.55%             | 2027-01-15      | Floating      | 7.99%                 | Yes           |                  2 | On Loan: No      |
| Midcontinent Communications                             | Midcontinent Communications                                           | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |    479000 | PA      | $487905.09    | 0.34%             | 2032-08-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| LGI Homes, Inc.                                         | LGI Homes, Inc.                                                       | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |      2609 | NS      | $106473.29    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark, Inc.                                        | Cleanspark, Inc.                                                      | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |      8950 | NS      | $159310.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0326C3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   5733000 | PA      | $5279628.63   | 3.63%             | 2055-12-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Westlake Automobile Receivables Trust                   | Westlake Automobile Receivables Trust, Series 2025-P1, Class D        | CUSIP: 96043LAG5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $279043.95    | 0.19%             | 2032-07-15      | Fixed         | 5.59%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2024-DNA3, Class M2                   | CUSIP: 35564NFA6<br>LEI: 529900P3PHNE8PW64Z68 | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $325102.42    | 0.22%             | 2044-10-25      | Floating      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Assemblin Caverion Group AB                             | Assemblin Caverion Group AB                                           | CUSIP: N/A<br>LEI: 636700ULD38LN63RC248       | Long             | DBT              | CORP              | SE        |    320000 | PA      | $371284.86    | 0.26%             | 2031-07-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| EG Global Finance plc                                   | EG Global Finance plc                                                 | CUSIP: N/A<br>LEI: 549300TL8Q5207VYET27       | Long             | DBT              | CORP              | GB        |    320000 | PA      | $402310.02    | 0.28%             | 2028-11-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BXHPP Trust                                             | BXHPP Trust, Series 2021-FILM, Class B                                | CUSIP: 05609JAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    375000 | PA      | $353184.34    | 0.24%             | 2036-08-15      | Floating      | 5.05%                 | Yes           |                  2 | On Loan: No      |
| SCG Commercial Mortgage Trust                           | SCG Commercial Mortgage Trust, Series 2025-FLWR, Class E              | CUSIP: 78438AAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $200005.30    | 0.14%             | 2042-08-15      | Floating      | 6.78%                 | Yes           |                  2 | On Loan: No      |
| Huntington Bank Auto Credit-Linked Notes                | Huntington Bank Auto Credit-Linked Notes, Series 2024-1, Class D      | CUSIP: 44644NAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    169559 | PA      | $173259.85    | 0.12%             | 2032-05-20      | Floating      | 9.43%                 | Yes           |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                              | Vmed O2 UK Financing I plc                                            | CUSIP: 92858RAE0<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    393000 | PA      | $393965.55    | 0.27%             | 2033-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Sunoco LP                                               | Sunoco LP                                                             | CUSIP: 86765KAE9<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    839000 | PA      | $852004.50    | 0.59%             | 2030-09-18      | Variable      | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                 | Level 3 Financing, Inc.                                               | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    115135 | PA      | $117931.28    | 0.08%             | 2033-06-30      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                | Lumen Technologies, Inc.                                              | CUSIP: 550241AB9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    195411 | PA      | $192842.28    | 0.13%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| PRPM LLC                                                | PRPM LLC, Series 2025-2, Class A1                                     | CUSIP: 69382HAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    627248 | PA      | $628220.14    | 0.43%             | 2030-05-25      | Variable      | 6.47%                 | Yes           |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                     | Hilton Grand Vacations Borrower LLC                                   | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    527000 | PA      | $487234.21    | 0.34%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Full House Resorts, Inc.                                | Full House Resorts, Inc.                                              | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |     51000 | PA      | $45280.88     | 0.03%             | 2028-02-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Business Jet Securities LLC                             | Business Jet Securities LLC, Series 2024-1A, Class C                  | CUSIP: 12327CAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    211478 | PA      | $217191.16    | 0.15%             | 2039-05-15      | Fixed         | 9.13%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-163.43      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Galaxy Digital Holdings LP                              | Galaxy Digital Holdings LP                                            | CUSIP: 36317GAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    164000 | PA      | $161704.00    | 0.11%             | 2031-05-01      | Fixed         | 0.50%                 | Yes           |                  2 | On Loan: No      |
| White Cap Supply Holdings LLC                           | White Cap Supply Holdings LLC, First Lien Term Loan C                 | CUSIP: 96350TAH3<br>LEI: 254900L2N0T6GULCL366 | Long             | LON              | CORP              | US        |    423102 | PA      | $423897.61    | 0.29%             | 2029-10-19      | Variable      | 7.21%                 | No            |                  2 | On Loan: No      |
| Univision Communications, Inc.                          | Univision Communications, Inc.                                        | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    299000 | PA      | $305818.70    | 0.21%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                        | CVS Health Corp.                                                      | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    169000 | PA      | $177565.09    | 0.12%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Currenta Group Holdings Sarl                            | Currenta Group Holdings Sarl                                          | CUSIP: N/A<br>LEI: 222100SF79KCJKYUPE47       | Long             | DBT              | CORP              | LU        |    230000 | PA      | $266545.43    | 0.18%             | 2032-05-15      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                                             | Asurion LLC, First Lien Term Loan B13                                 | CUSIP: 04649VBE9<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |    355359 | PA      | $353731.83    | 0.24%             | 2030-09-19      | Variable      | 8.21%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                         | Citigroup, Inc., Series X                                             | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    441000 | PA      | $438133.06    | 0.30%             | 2026-02-18      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                      | Ally Bank Auto Credit-Linked Notes, Series 2025-B, Class E            | CUSIP: 02007G6S7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    720000 | PA      | $720028.80    | 0.50%             | 2033-09-15      | Fixed         | 6.16%                 | Yes           |                  2 | On Loan: No      |
| DROP Mortgage Trust                                     | DROP Mortgage Trust, Series 2021-FILE, Class A                        | CUSIP: 26210YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $316162.47    | 0.22%             | 2043-10-15      | Floating      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Carvana Co.                                             | Carvana Co.                                                           | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    939000 | PA      | $868575.00    | 0.60%             | 2029-09-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Riot Platforms, Inc.                                    | Riot Platforms, Inc.                                                  | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |      7341 | NS      | $145204.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                 | Santander Bank Auto Credit-Linked Notes, Series 2024-A, Class E       | CUSIP: 80290CCM4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    444827 | PA      | $449028.19    | 0.31%             | 2032-06-15      | Fixed         | 7.76%                 | Yes           |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                 | Talen Energy Supply LLC                                               | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    472000 | PA      | $488851.93    | 0.34%             | 2036-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| OVG Business Services LLC                               | OVG Business Services LLC, First Lien Term Loan                       | CUSIP: 62955EAJ3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    447020 | PA      | $446184.07    | 0.31%             | 2031-06-25      | Variable      | 6.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $179754.28    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Truist Bank Auto Credit-Linked Notes                    | Truist Bank Auto Credit-Linked Notes, Series 2025-1, Class C          | CUSIP: 897926CC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    552327 | PA      | $552434.68    | 0.38%             | 2033-09-26      | Fixed         | 6.81%                 | Yes           |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII LLC                 | Bayview Opportunity Master Fund VII LLC, Series 2025-EDU1, Class C    | CUSIP: 07337GAC7<br>LEI: 2549001VJ64UFK8PZA41 | Long             | ABS-O            | CORP              | US        |    244680 | PA      | $244678.60    | 0.17%             | 2048-07-27      | Floating      | 5.98%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $3482.69      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII LLC                 | Bayview Opportunity Master Fund VII LLC, Series 2024-CAR1, Class E    | CUSIP: 07336QAE2<br>LEI: 254900S53K9VTUR1UX42 | Long             | ABS-O            | CORP              | US        |    438642 | PA      | $443019.14    | 0.30%             | 2031-12-26      | Floating      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| Proofpoint, Inc.                                        | Proofpoint, Inc., First Lien Term Loan                                | CUSIP: 74345HAJ0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    200000 | PA      | $200722.00    | 0.14%             | 2028-08-31      | Variable      | 6.78%                 | No            |                  2 | On Loan: No      |
| Rivers Enterprise Lender LLC                            | Rivers Enterprise Lender LLC                                          | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    353000 | PA      | $355877.13    | 0.24%             | 2030-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H0326B1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2092000 | PA      | $1914249.04   | 1.32%             | 2055-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ACHM Mortgage Trust                                     | ACHM Mortgage Trust, Series 2024-HE1, Class B                         | CUSIP: 00449TAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    573140 | PA      | $592121.07    | 0.41%             | 2039-05-25      | Fixed         | 7.26%                 | Yes           |                  2 | On Loan: No      |
| GWT                                                     | GWT, Series 2024-WLF2, Class D                                        | CUSIP: 362414AG9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1330000 | PA      | $1333104.64   | 0.92%             | 2041-05-15      | Floating      | 6.97%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                       | CIFC Funding Ltd., Series 2023-3A, Class D                            | CUSIP: 12598YAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $251122.53    | 0.17%             | 2037-01-20      | Floating      | 8.13%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury Long Bonds                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        -4 | NC      | $-12799.66    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Compass Datacenters Issuer II LLC                       | Compass Datacenters Issuer II LLC, Series 2025-1A, Class B1           | CUSIP: 20469CAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    443000 | PA      | $447920.70    | 0.31%             | 2050-05-25      | Fixed         | 5.76%                 | Yes           |                  2 | On Loan: No      |
| Extended Stay America Trust                             | Extended Stay America Trust, Series 2025-ESH, Class D                 | CUSIP: 30227TAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    141000 | PA      | $141693.13    | 0.10%             | 2042-10-15      | Floating      | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2021-ARIA, Class F                                   | CUSIP: 05608RAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $598752.45    | 0.41%             | 2036-10-15      | Floating      | 6.74%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave, Inc.                                         | CoreWeave, Inc.                                                       | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    307000 | PA      | $307897.98    | 0.21%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                                | UnitedHealth Group, Inc.                                              | CUSIP: 91324PFQ0<br>LEI: 549300GHBMY8T5GXDE41 | Long             | DBT              | CORP              | US        |    137000 | PA      | $141809.40    | 0.10%             | 2035-06-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: —       |
| EMRLD Borrower LP                                       | EMRLD Borrower LP, First Lien Term Loan                               | CUSIP: 26872NAD1<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |    327402 | PA      | $326016.70    | 0.22%             | 2031-08-04      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Co. LLC                     | Teva Pharmaceutical Finance Co. LLC                                   | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |    604000 | PA      | $632873.62    | 0.44%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: —       |
| Bitfarms Ltd.                                           | Bitfarms Ltd.                                                         | CUSIP: 09173B107<br>LEI: 254900YWMA64Y1RPNJ12 | Long             | EC               | CORP              | CA        |     22792 | NS      | $90484.24     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                             | Carvana Co., Class A                                                  | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |       412 | NS      | $126294.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Beacon Mobility Corp.                                   | Beacon Mobility Corp., First Lien Term Loan                           | CUSIP: 07363PAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    284644 | PA      | $286246.58    | 0.20%             | 2030-08-06      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                    | Meta Platforms, Inc.                                                  | CUSIP: 30303M8Y1<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    308000 | PA      | $305420.99    | 0.21%             | 2065-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Extended Stay America Trust                             | Extended Stay America Trust, Series 2025-ESH, Class E                 | CUSIP: 30227TAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    219000 | PA      | $219853.96    | 0.15%             | 2042-10-15      | Floating      | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Fashion Show Mall LLC                                   | Fashion Show Mall LLC, Series 2024-SHOW, Class B                      | CUSIP: 50245XAC1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1021033.57   | 0.70%             | 2041-10-10      | Variable      | 5.64%                 | Yes           |                  2 | On Loan: No      |
| X Corp.                                                 | X Corp., First Lien Term Loan B1                                      | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    173554 | PA      | $169060.54    | 0.12%             | 2029-10-26      | Variable      | 10.45%                | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-629.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $68093.78     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ares LIII CLO Ltd.                                      | Ares LIII CLO Ltd., Series 2019-53A, Class A1R                        | CUSIP: 04009GAQ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1072000 | PA      | $1072800.03   | 0.74%             | 2036-10-24      | Floating      | 5.15%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2676.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Neuberger Berman Loan Advisers CLO 42 Ltd.              | Neuberger Berman Loan Advisers CLO 42 Ltd., Series 2021-42A, Class AR | CUSIP: 64133WAL9<br>LEI: 549300LGCRX4YI1JNS93 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $999108.20    | 0.69%             | 2036-07-16      | Floating      | 4.84%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0526B3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6438000 | PA      | $6504762.06   | 4.48%             | 2055-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LHOME Mortgage Trust                                    | LHOME Mortgage Trust, Series 2024-RTL2, Class A1                      | CUSIP: 50205JAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $327473.77    | 0.23%             | 2029-03-25      | Variable      | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Bombardier, Inc.                                        | Bombardier, Inc.                                                      | CUSIP: 097751AL5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    434000 | PA      | $482129.30    | 0.33%             | 2034-05-01      | Fixed         | 7.45%                 | Yes           |                  2 | On Loan: No      |
| Wilsonart LLC                                           | Wilsonart LLC                                                         | CUSIP: 97246JAA6<br>LEI: 549300SAZRUMYKDJBY14 | Long             | DBT              | CORP              | US        |    449000 | PA      | $424062.63    | 0.29%             | 2032-08-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Warnermedia Holdings, Inc.                              | Warnermedia Holdings, Inc.                                            | CUSIP: 55903VBB8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    221000 | PA      | $206856.00    | 0.14%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Electronic Arts, Inc.                                   | Electronic Arts, Inc.                                                 | CUSIP: 285512AF6<br>LEI: 549300O7A67PUEYKDL45 | Long             | DBT              | CORP              | US        |    392000 | PA      | $357794.95    | 0.25%             | 2051-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| Donte Group SL                                          | Donte Group SL, First Lien Term Loan B                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | ES        |    500000 | PA      | $578063.76    | 0.40%             | 2032-10-04      | Variable      | 6.12%                 | No            |                  2 | On Loan: No      |
| Algonquin Power & Utilities Corp.                       | Algonquin Power & Utilities Corp.                                     | CUSIP: 015857AH8<br>LEI: 549300K5VIUTJXQL7X75 | Long             | DBT              | CORP              | CA        |    202000 | PA      | $198195.92    | 0.14%             | 2082-01-18      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| Booz Allen Hamilton, Inc.                               | Booz Allen Hamilton, Inc.                                             | CUSIP: 09951LAD5<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |    199000 | PA      | $206106.98    | 0.14%             | 2035-04-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-GPA3, Class B               | CUSIP: 123910AC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     65015 | PA      | $65100.01     | 0.04%             | 2039-12-15      | Floating      | 5.67%                 | Yes           |                  2 | On Loan: No      |
| Bayview Opportunity Master Fund VII LLC                 | Bayview Opportunity Master Fund VII LLC, Series 2024-EDU1, Class D    | CUSIP: 07336PAD6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     74870 | PA      | $76525.12     | 0.05%             | 2047-06-25      | Floating      | 6.93%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-DNA6, Class B2                   | CUSIP: 35564KLV9<br>LEI: 5493000ISONLNOUKGB71 | Long             | ABS-MBS          | CORP              | US        |    243000 | PA      | $255937.24    | 0.18%             | 2041-10-25      | Floating      | 11.68%                | Yes           |                  2 | On Loan: No      |
| Rithm Capital Corp.                                     | Rithm Capital Corp.                                                   | CUSIP: 64828TAC6<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    286000 | PA      | $289911.62    | 0.20%             | 2030-07-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Gloves Buyer, Inc.                                      | Gloves Buyer, Inc., First Lien Term Loan                              | CUSIP: 37987UAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    576000 | PA      | $566818.56    | 0.39%             | 2032-05-21      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| Heartland Dental LLC                                    | Heartland Dental LLC, First Lien Term Loan                            | CUSIP: 42236WAX5<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |    569130 | PA      | $569898.65    | 0.39%             | 2032-08-25      | Variable      | 7.71%                 | No            |                  2 | On Loan: No      |
| SWCH Commercial Mortgage Trust                          | SWCH Commercial Mortgage Trust, Series 2025-DATA, Class E             | CUSIP: 78489CAE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    170000 | PA      | $168774.68    | 0.12%             | 2042-02-15      | Floating      | 7.37%                 | Yes           |                  2 | On Loan: No      |
| Sandisk Corp.                                           | Sandisk Corp.                                                         | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1139 | NS      | $227036.87    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2024-CNYN, Class D                                   | CUSIP: 05612HAG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    765071 | PA      | $766445.92    | 0.53%             | 2041-04-15      | Floating      | 6.72%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase & Co.                                    | JPMorgan Chase & Co., Series KK                                       | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    441000 | PA      | $435587.47    | 0.30%             | 2026-06-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| CE Intermediate I LLC                                   | CE Intermediate I LLC, First Lien Term Loan                           | CUSIP: 12523EAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    137958 | PA      | $137871.97    | 0.09%             | 2032-03-25      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| Western Funding Auto Loan Trust                         | Western Funding Auto Loan Trust, Series 2025-1, Class C               | CUSIP: 958250AC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    208000 | PA      | $200552.26    | 0.14%             | 2035-11-15      | Fixed         | 5.34%                 | Yes           |                  2 | On Loan: No      |
| EMRLD Borrower LP                                       | EMRLD Borrower LP, First Lien Term Loan B                             | CUSIP: 26872NAC3<br>LEI: 5493000GJYE7GAQCUC61 | Long             | LON              | CORP              | US        |    238306 | PA      | $237583.57    | 0.16%             | 2030-05-31      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| LGI Homes, Inc.                                         | LGI Homes, Inc.                                                       | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    112000 | PA      | $107479.68    | 0.07%             | 2032-11-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Marlette Funding Trust                                  | Marlette Funding Trust, Series 2025-1A, Class D                       | CUSIP: 570920AD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    348000 | PA      | $348785.32    | 0.24%             | 2035-07-16      | Fixed         | 6.02%                 | Yes           |                  2 | On Loan: No      |
| Ballyrock CLO 22 Ltd.                                   | Ballyrock CLO 22 Ltd., Series 2024-22A, Class A1A                     | CUSIP: 05877GAA1<br>LEI: 254900XC0FEB91ZCO167 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $250807.33    | 0.17%             | 2037-04-15      | Floating      | 5.44%                 | Yes           |                  2 | On Loan: No      |
| Deep Blue Operating I LLC                               | Deep Blue Operating I LLC, First Lien Term Loan                       | CUSIP: 24369TAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    321767 | PA      | $322371.60    | 0.22%             | 2032-10-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-14.26       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                                          | Lonza Group AG, First Lien Term Loan B                                | CUSIP: L4780EAC8<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    395311 | PA      | $350494.35    | 0.24%             | 2028-07-03      | Variable      | 8.03%                 | No            |                  2 | On Loan: No      |
| Upstart Securitization Trust                            | Upstart Securitization Trust, Series 2025-3, Class C                  | CUSIP: 91684FAD0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    160000 | PA      | $158460.52    | 0.11%             | 2035-09-20      | Fixed         | 5.43%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-16390.39    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Univision Communications, Inc.                          | Univision Communications, Inc.                                        | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    319000 | PA      | $336727.70    | 0.23%             | 2032-08-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group                                       | Jane Street Group                                                     | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    666000 | PA      | $694751.07    | 0.48%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MHP                                                     | MHP, Series 2021-STOR, Class F                                        | CUSIP: 55293BAM7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $323718.22    | 0.22%             | 2038-07-15      | Floating      | 6.35%                 | Yes           |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                   | Long Ridge Energy LLC                                                 | CUSIP: 54288CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    388000 | PA      | $401177.64    | 0.28%             | 2032-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                    | Osaic Holdings, Inc., First Lien Term Loan                            | CUSIP: 68773JAG5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    123000 | PA      | $123153.75    | 0.08%             | 2032-08-02      | Variable      | 7.16%                 | No            |                  2 | On Loan: No      |
| Fora Financial Asset Securitization LLC                 | Fora Financial Asset Securitization LLC, Series 2024-1A, Class A      | CUSIP: 34512PAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    330000 | PA      | $332216.28    | 0.23%             | 2029-08-15      | Fixed         | 6.33%                 | Yes           |                  2 | On Loan: No      |
| US Bank NA                                              | US Bank NA, Series 2023-1, Class B                                    | CUSIP: 90357PAV6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     64160 | PA      | $64859.67     | 0.04%             | 2032-08-25      | Fixed         | 6.79%                 | Yes           |                  2 | On Loan: No      |
| ACHV ABS TRUST                                          | ACHV ABS TRUST, Series 2023-1PL, Class D                              | CUSIP: 00091XAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    159289 | PA      | $160900.14    | 0.11%             | 2030-03-18      | Fixed         | 8.47%                 | Yes           |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                   | Long Ridge Energy LLC, First Lien Term Loan B                         | CUSIP: 54288BAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    283927 | PA      | $276947.89    | 0.19%             | 2032-02-19      | Variable      | 8.50%                 | No            |                  2 | On Loan: No      |
| FHF Issuer Trust                                        | FHF Issuer Trust, Series 2025-1A, Class C                             | CUSIP: 30340RAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    305000 | PA      | $296088.50    | 0.20%             | 2031-08-15      | Fixed         | 5.69%                 | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                       | CIFC Funding Ltd., Series 2021-1A, Class A1R                          | CUSIP: 12563EAN3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    400000 | PA      | $401058.72    | 0.28%             | 2037-07-25      | Floating      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| SREIT Trust                                             | SREIT Trust, Series 2021-MFP2, Class F                                | CUSIP: 85236WCQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    165000 | PA      | $164698.73    | 0.11%             | 2036-11-15      | Floating      | 6.76%                 | Yes           |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                               | Stonepeak Nile Parent LLC                                             | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |     58000 | PA      | $61339.74     | 0.04%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                  | LifePoint Health, Inc.                                                | CUSIP: 53219LAW9<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     27000 | PA      | $29770.27     | 0.02%             | 2030-10-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-2635.81     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                            | Royal Caribbean Cruises Ltd.                                          | CUSIP: 78017TAB9<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    285000 | PA      | $286931.68    | 0.20%             | 2036-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TEXAS Commercial Mortgage Trust                         | TEXAS Commercial Mortgage Trust, Series 2025-TWR, Class D             | CUSIP: 88231WAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    271000 | PA      | $271158.96    | 0.19%             | 2042-04-15      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                 | Level 3 Financing, Inc.                                               | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    406000 | PA      | $358295.00    | 0.25%             | 2029-07-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Humana, Inc.                                            | Humana, Inc.                                                          | CUSIP: 444859BX9<br>LEI: 529900YLDW34GJAO4J06 | Long             | DBT              | CORP              | US        |    271000 | PA      | $251560.89    | 0.17%             | 2053-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribal Gaming Authority                         | Mohegan Tribal Gaming Authority                                       | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    633000 | PA      | $657138.45    | 0.45%             | 2030-04-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Cedar Funding IX CLO Ltd.                               | Cedar Funding IX CLO Ltd., Series 2018-9A, Class AR                   | CUSIP: 15033EAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $501217.80    | 0.34%             | 2037-07-20      | Floating      | 5.30%                 | Yes           |                  2 | On Loan: No      |
| Victra Holdings LLC                                     | Victra Holdings LLC, First Lien Term Loan                             | CUSIP: 50226BAN8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    114056 | PA      | $114270.68    | 0.08%             | 2029-03-30      | Variable      | 7.91%                 | No            |                  2 | On Loan: No      |
| ProAmpac PG Borrower LLC                                | ProAmpac PG Borrower LLC, First Lien Term Loan                        | CUSIP: 74274NAL7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    417879 | PA      | $417118.24    | 0.29%             | 2028-09-15      | Variable      | 8.19%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $1616.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-140.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp. Trust                      | GS Mortgage Securities Corp. Trust, Series 2025-800D, Class A         | CUSIP: 36273XAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    330000 | PA      | $329982.60    | 0.23%             | 2041-11-25      | Floating      | 6.68%                 | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-AIR2, Class D               | CUSIP: 05613QAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    403815 | PA      | $404244.17    | 0.28%             | 2041-10-15      | Floating      | 6.82%                 | Yes           |                  2 | On Loan: No      |
| Carvana Co.                                             | Carvana Co.                                                           | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    558227 | PA      | $582995.83    | 0.40%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                              | Cloud Software Group, Inc.                                            | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    565000 | PA      | $584402.10    | 0.40%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corp.                                           | Calpine Corp.                                                         | CUSIP: 131347CR5<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    288000 | PA      | $276465.80    | 0.19%             | 2031-03-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: —       |
| Allwyn Entertainment Financing UK plc                   | Allwyn Entertainment Financing UK plc                                 | CUSIP: N/A<br>LEI: 315700J7ZTIN8XGCX365       | Long             | DBT              | CORP              | GB        |    288000 | PA      | $349960.24    | 0.24%             | 2030-04-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Millrose Properties, Inc.                               | Millrose Properties, Inc.                                             | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    303000 | PA      | $306951.30    | 0.21%             | 2030-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Solventum Corp.                                         | Solventum Corp.                                                       | CUSIP: 83444MAR2<br>LEI: 254900I70403OSGY4M28 | Long             | DBT              | CORP              | US        |    275000 | PA      | $286007.71    | 0.20%             | 2034-03-23      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1705.59     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cirsa Finance International Sarl                        | Cirsa Finance International Sarl                                      | CUSIP: N/A<br>LEI: 254900KUJN6DHWH2K029       | Long             | DBT              | CORP              | LU        |    470000 | PA      | $553952.37    | 0.38%             | 2031-10-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0506B7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2463000 | PA      | $2450635.74   | 1.69%             | 2055-11-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                 | Level 3 Financing, Inc.                                               | CUSIP: 527298CN1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    334284 | PA      | $343444.38    | 0.24%             | 2034-03-31      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| S&P 500 E-Mini Index                                    | S&P 500 Emini Index                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-13625.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $5683.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| S&P 500 E-Mini Index                                    | S&P 500 Emini Index                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       -10 | NC      | $-17000.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Rad CLO 10 Ltd.                                         | Rad CLO 10 Ltd., Series 2021-10A, Class A                             | CUSIP: 48662LAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1050000 | PA      | $1050035.81   | 0.72%             | 2034-04-23      | Floating      | 5.29%                 | Yes           |                  2 | On Loan: No      |
| FREMF Mortgage Trust                                    | FREMF Mortgage Trust, Series 2023-K511, Class C                       | CUSIP: 30334FAG5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    162000 | PA      | $151737.95    | 0.10%             | 2028-11-25      | Variable      | 5.63%                 | Yes           |                  2 | On Loan: No      |
| MVW LLC                                                 | MVW LLC, Series 2025-1A, Class C                                      | CUSIP: 627924AC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    266884 | PA      | $272310.58    | 0.19%             | 2042-09-22      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                   | Wells Fargo Commercial Mortgage Trust, Series 2025-1918, Class A      | CUSIP: 95004QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    561000 | PA      | $563861.59    | 0.39%             | 2040-09-15      | Variable      | 5.58%                 | Yes           |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                             | Toronto-Dominion Bank (The)                                           | CUSIP: 89116C4H7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    269000 | PA      | $272111.11    | 0.19%             | 2085-10-31      | Variable      | 6.35%                 | No            |                  2 | On Loan: No      |
| Capstone Borrower, Inc.                                 | Capstone Borrower, Inc.                                               | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    155000 | PA      | $158137.51    | 0.11%             | 2030-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Stonex Escrow Issuer LLC                                | Stonex Escrow Issuer LLC                                              | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    357000 | PA      | $369353.63    | 0.25%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2024-VLT4, Class E                                   | CUSIP: 05612TAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    370000 | PA      | $369241.05    | 0.25%             | 2041-06-15      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                               | Vistra Operations Co. LLC                                             | CUSIP: 92840VAS1<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    198000 | PA      | $207687.55    | 0.14%             | 2034-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                           | MHC Commercial Mortgage Trust, Series 2021-MHC, Class F               | CUSIP: 55316VAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    320000 | PA      | $319883.62    | 0.22%             | 2038-04-15      | Floating      | 6.75%                 | Yes           |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                                  | JPMorgan Chase Bank NA, Series 2020-CL1, Class M1                     | CUSIP: 46591HAG5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    893884 | PA      | $921784.15    | 0.63%             | 2057-10-25      | Floating      | 6.36%                 | Yes           |                  2 | On Loan: No      |
| Summer BC Holdco B SARL                                 | Summer BC Holdco B SARL, First Lien Term Loan B                       | CUSIP: 86564BAC6<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    418879 | PA      | $395493.07    | 0.27%             | 2029-02-15      | Variable      | 9.26%                 | No            |                  2 | On Loan: No      |
| Progroup AG                                             | Progroup AG                                                           | CUSIP: N/A<br>LEI: 529900YI5W5TQ8F2FP82       | Long             | DBT              | CORP              | DE        |    400000 | PA      | $466713.63    | 0.32%             | 2031-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                              | Occidental Petroleum Corp.                                            | CUSIP: 674599EL5<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    207000 | PA      | $209646.08    | 0.14%             | 2034-10-01      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| INEOS US Petrochem LLC                                  | INEOS US Petrochem LLC, First Lien Term Loan B                        | CUSIP: G4770MAN4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    130345 | PA      | $104243.41    | 0.07%             | 2031-10-07      | Variable      | 8.21%                 | No            |                  2 | On Loan: No      |
| Spa Holdings 3 Oy                                       | Spa Holdings 3 Oy, First Lien Term Loan B                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | FI        |    298502 | PA      | $299248.13    | 0.21%             | 2028-02-04      | Variable      | 8.26%                 | No            |                  2 | On Loan: No      |
| SCG Trust                                               | SCG Trust, Series 2025-SNIP, Class E                                  | CUSIP: 78398JAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    290000 | PA      | $290081.38    | 0.20%             | 2042-09-15      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| Janus Henderson Cash Liquidity Fund LLC                 | Janus Henderson Cash Liquidity Fund LLC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   3400435 | NS      | $3401115.10   | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Star Parent, Inc.                                       | Star Parent, Inc.                                                     | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    167000 | PA      | $178318.51    | 0.12%             | 2030-10-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: —       |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $2175.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AMC Networks, Inc.                                      | AMC Networks, Inc.                                                    | CUSIP: 00164VAK9<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    408000 | PA      | $428899.80    | 0.30%             | 2032-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-MF, Class C                 | CUSIP: 05612EAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    148756 | PA      | $148831.01    | 0.10%             | 2039-02-15      | Floating      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H0506B3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     96000 | PA      | $95673.70     | 0.07%             | 2055-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MHC Commercial Mortgage Trust                           | MHC Commercial Mortgage Trust, Series 2021-MHC, Class G               | CUSIP: 55316VAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    680000 | PA      | $680033.63    | 0.47%             | 2038-04-15      | Floating      | 7.35%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-4610.22     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H0526B9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     68000 | PA      | $68553.52     | 0.05%             | 2055-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                        | NRG Energy, Inc.                                                      | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    380000 | PA      | $386540.85    | 0.27%             | 2036-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Grupo Antolin Irausa SA                                 | Grupo Antolin Irausa SA                                               | CUSIP: N/A<br>LEI: 213800OILC5Q9AR63B63       | Long             | DBT              | CORP              | ES        |    100000 | PA      | $77325.33     | 0.05%             | 2030-01-30      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Ahlstrom Holding 3 Oy                                   | Ahlstrom Holding 3 Oy, First Lien Term Loan B1                        | CUSIP: 78475BAB3<br>LEI: 743700UEY0YM039XN974 | Long             | LON              | CORP              | US        |    290392 | PA      | $291570.78    | 0.20%             | 2030-05-23      | Variable      | 8.51%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 2 Year Notes                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        71 | NC      | $-13843.44    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Mermaid Bidco, Inc.                                     | Mermaid Bidco, Inc., First Lien Term Loan B                           | CUSIP: 59012CAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    408240 | PA      | $408750.75    | 0.28%             | 2031-07-03      | Variable      | 7.57%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Trust                            | Hilton Grand Vacations Trust, Series 2025-2A, Class C                 | CUSIP: 43285JAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    375404 | PA      | $376309.41    | 0.26%             | 2044-05-25      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| HLF Financing Sarl LLC                                  | HLF Financing Sarl LLC                                                | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    175000 | PA      | $189210.18    | 0.13%             | 2029-04-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| Penta CLO DAC                                           | Penta CLO DAC, Series 2023-15A, Class DR                              | CUSIP: N/A<br>LEI: 5493009DHFYZRQZRBR67       | Long             | ABS-CBDO         | CORP              | IE        |    250000 | PA      | $288550.00    | 0.20%             | 2038-10-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Atlas Warehouse Lending Co. LP                          | Atlas Warehouse Lending Co. LP                                        | CUSIP: 049463AE2<br>LEI: 25490068J12A1HV7YM70 | Long             | DBT              | CORP              | US        |    275000 | PA      | $288024.34    | 0.20%             | 2030-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PRET LLC                                                | PRET LLC, Series 2021-RN4, Class A1                                   | CUSIP: 69359QAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    240625 | PA      | $240869.92    | 0.17%             | 2051-10-25      | Variable      | 5.49%                 | Yes           |                  2 | On Loan: No      |
| Motel One GmbH                                          | Motel One GmbH, First Lien Term Loan B                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | DE        |    500000 | PA      | $579823.91    | 0.40%             | 2032-06-04      | Variable      | 6.28%                 | No            |                  2 | On Loan: No      |
| Navient Corp.                                           | Navient Corp.                                                         | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    506000 | PA      | $496908.34    | 0.34%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Citigroup, Inc.                                         | Citigroup, Inc.                                                       | CUSIP: 172967PN5<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    205000 | PA      | $209777.12    | 0.14%             | 2034-11-19      | Variable      | 5.59%                 | No            |                  2 | On Loan: No      |
| Taurus UK Designated Activity Co                        | Taurus UK Designated Activity Co., Series 2025-UK3A, Class D          | CUSIP: N/A<br>LEI: 635400XWNSMBWUUQIW58       | Long             | ABS-MBS          | CORP              | IE        |    170000 | PA      | $222307.97    | 0.15%             | 2035-07-20      | Floating      | 6.77%                 | Yes           |                  2 | On Loan: No      |
| American Electric Power Co., Inc.                       | American Electric Power Co., Inc.                                     | CUSIP: 025537AU5<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |    298000 | PA      | $289458.60    | 0.20%             | 2062-02-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| PAX Holdco Spain SL                                     | PAX HoldCo Spain SL, First Lien Term Loan                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | ES        |    500000 | PA      | $579985.50    | 0.40%             | 2029-12-31      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| CMS Energy Corp.                                        | CMS Energy Corp.                                                      | CUSIP: 125896BY5<br>LEI: 549300IA9XFBAGNIBW29 | Long             | DBT              | CORP              | US        |    411000 | PA      | $427585.91    | 0.29%             | 2055-06-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: —       |
| NRG Energy, Inc.                                        | NRG Energy, Inc.                                                      | CUSIP: 629377DC3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    200000 | PA      | $201410.09    | 0.14%             | 2034-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Lennar Corp.                                            | Lennar Corp., Class A                                                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      1177 | NS      | $145677.29    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Luxco 4 SARL                                      | Atlas Luxco 4 SARL, First Lien Term Loan B                            | CUSIP: 01957TAY3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $578133.01    | 0.40%             | 2032-08-20      | Variable      | 5.64%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-268.26      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-11965.70    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Micron Technology, Inc.                                 | Micron Technology, Inc.                                               | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      1050 | NS      | $234958.50    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Inizio Group Ltd.                                       | Inizio Group Ltd., First Lien Term Loan                               | CUSIP: 12509YAE6<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    583000 | PA      | $580085.00    | 0.40%             | 2028-08-21      | Variable      | 8.35%                 | No            |                  2 | On Loan: No      |
| Civitas Resources, Inc.                                 | Civitas Resources, Inc.                                               | CUSIP: 17888HAB9<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    331000 | PA      | $340286.06    | 0.23%             | 2031-07-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Dawn Bidco, LLC                                         | Dawn Bidco LLC, First Lien Term Loan                                  | CUSIP: 23923YAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    554000 | PA      | $551922.50    | 0.38%             | 2032-10-07      | Variable      | 6.76%                 | No            |                  2 | On Loan: No      |
| Gray Media, Inc.                                        | Gray Media, Inc.                                                      | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    346000 | PA      | $338757.70    | 0.23%             | 2033-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: —       |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0426B4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3518000 | PA      | $3429072.00   | 2.36%             | 2055-11-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 10 Year Notes                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        11 | NC      | $4636.86      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Santander Bank Auto Credit-Linked Notes                 | Santander Bank Auto Credit-Linked Notes, Series 2024-B, Class F       | CUSIP: 80280BAF5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    865838 | PA      | $873492.12    | 0.60%             | 2033-01-18      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| USA Compression Partners LP                             | USA Compression Partners LP                                           | CUSIP: 91740PAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    496000 | PA      | $497904.14    | 0.34%             | 2033-10-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Madison Park Funding LXVI Ltd.                          | Madison Park Funding LXVI Ltd., Series 2024-66A, Class A2             | CUSIP: 55822YAC9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1002275.90   | 0.69%             | 2037-10-21      | Floating      | 5.45%                 | Yes           |                  2 | On Loan: No      |
| Coinstar Funding LLC                                    | Coinstar Funding LLC, Series 2017-1A, Class A2                        | CUSIP: 19260MAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    466650 | PA      | $428170.29    | 0.29%             | 2047-04-25      | Fixed         | 5.22%                 | Yes           |                  2 | On Loan: No      |
| COOPR Residential Mortgage Trust                        | COOPR Residential Mortgage Trust, Series 2025-CES1, Class A1A         | CUSIP: 12596SAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    769209 | PA      | $775469.16    | 0.53%             | 2060-05-25      | Variable      | 5.65%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp.                                          | Carnival Corp.                                                        | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    343000 | PA      | $352357.96    | 0.24%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Reach ABS Trust                                         | Reach ABS Trust, Series 2025-2A, Class C                              | CUSIP: 75525QAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    150000 | PA      | $151607.80    | 0.10%             | 2032-08-18      | Fixed         | 5.69%                 | Yes           |                  2 | On Loan: No      |
| GCI Liberty, Inc.                                       | GCI Liberty, Inc.                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       250 | NS      | $250000.00    | 0.17%             |  |  |  | No            |                  3 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0606B6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3207000 | PA      | $3279253.71   | 2.26%             | 2055-11-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PRET LLC                                                | PRET LLC, Series 2025-NPL4, Class A1                                  | CUSIP: 74136UAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    982628 | PA      | $986953.92    | 0.68%             | 2055-04-25      | Variable      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| Meta Platforms, Inc.                                    | Meta Platforms, Inc.                                                  | CUSIP: 30303M8X3<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | DBT              | CORP              | US        |    273000 | PA      | $270638.99    | 0.19%             | 2045-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Gategroup Fin Luxembourg SA                             | gategroup Finance Luxembourg SA, First Lien Term Loan B               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    110445 | PA      | $111377.16    | 0.08%             | 2032-05-28      | Variable      | 8.38%                 | No            |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2023-R06, Class 1B2       | CUSIP: 20754EAJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1090009.92   | 0.75%             | 2043-07-25      | Floating      | 10.08%                | Yes           |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 5 Year Notes                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       315 | NC      | $-22257.59    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Exeter Automobile Receivables Trust                     | Exeter Automobile Receivables Trust, Series 2024-3A, Class E          | CUSIP: 30165AAG0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     95000 | PA      | $98852.03     | 0.07%             | 2031-10-15      | Fixed         | 7.84%                 | Yes           |                  2 | On Loan: No      |
| SoFi Consumer Loan Program Trust                        | SoFi Consumer Loan Program Trust, Series 2025-3, Class D              | CUSIP: 83390JAD4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    713000 | PA      | $713724.34    | 0.49%             | 2034-08-15      | Fixed         | 5.35%                 | Yes           |                  2 | On Loan: No      |
| GNMA                                                    | GNMA II, Single Family, 30 Year                                       | CUSIP: 21H0406B4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    204000 | PA      | $192849.56    | 0.13%             | 2055-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aston Martin Capital Holdings Ltd.                      | Aston Martin Capital Holdings Ltd.                                    | CUSIP: N/A<br>LEI: 213800H4GKEF3CJ8C774       | Long             | DBT              | CORP              | JE        |    120000 | PA      | $140778.84    | 0.10%             | 2029-03-31      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| ION Platform Finance US, Inc.                           | ION Platform Finance US, Inc.                                         | CUSIP: 46205QAB4<br>LEI: 213800FKHT3BRRKMCC89 | Long             | DBT              | CORP              | US        |    581000 | PA      | $566689.79    | 0.39%             | 2032-09-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Alpha Generation LLC                                    | Alpha Generation LLC                                                  | CUSIP: 02073LAC5<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |    640000 | PA      | $647437.53    | 0.45%             | 2034-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| EF Holdco                                               | EF Holdco                                                             | CUSIP: 31574BAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $190495.82    | 0.13%             | 2030-09-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Acropole Holding SAS                                    | Acropole Holding SAS, First Lien Term Loan B                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | FR        |    403846 | PA      | $466370.99    | 0.32%             | 2032-07-23      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Taurus UK Designated Activity Co                        | Taurus UK Designated Activity Co., Series 2025-UK3A, Class C          | CUSIP: N/A<br>LEI: 635400XWNSMBWUUQIW58       | Long             | ABS-MBS          | CORP              | IE        |    120000 | PA      | $157448.28    | 0.11%             | 2035-07-20      | Floating      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-145.14      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LPL Holdings, Inc.                                      | LPL Holdings, Inc.                                                    | CUSIP: 50212YAQ7<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |    137000 | PA      | $140613.02    | 0.10%             | 2035-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| ALA Trust                                               | ALA Trust, Series 2025-OANA, Class D                                  | CUSIP: 009920AG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    176000 | PA      | $177061.64    | 0.12%             | 2040-06-15      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Palmer Square European CLO DAC                          | Palmer Square European CLO DAC, Series 2021-2A, Class DR              | CUSIP: N/A<br>LEI: 5493008YA044FHERJ655       | Long             | ABS-CBDO         | CORP              | IE        |    280000 | PA      | $323176.00    | 0.22%             | 2038-03-15      | Floating      | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Octagon 75 Ltd.                                         | Octagon 75 Ltd., Series 2025-1A, Class D2                             | CUSIP: 67579EAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    700000 | PA      | $696489.43    | 0.48%             | 2038-01-22      | Floating      | 7.51%                 | Yes           |                  2 | On Loan: No      |
| Terawulf, Inc.                                          | Terawulf, Inc.                                                        | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |     10719 | NS      | $166144.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Victra Holdings LLC                                     | Victra Holdings LLC                                                   | CUSIP: 92648DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    501000 | PA      | $531577.53    | 0.37%             | 2029-09-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Civitas Resources, Inc.                                 | Civitas Resources, Inc.                                               | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    175000 | PA      | $187746.83    | 0.13%             | 2033-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                | Lumen Technologies, Inc.                                              | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    184918 | PA      | $186767.18    | 0.13%             | 2032-10-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Nidda Healthcare Holding GmbH                           | Nidda Healthcare Holding GmbH                                         | CUSIP: N/A<br>LEI: 549300Q89C4WAO6L0L19       | Long             | DBT              | CORP              | DE        |    170000 | PA      | $197464.83    | 0.14%             | 2032-10-15      | Floating      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                          | Olympus Water US Holding Corp., First Lien Term Loan B                | CUSIP: 68163YAK1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    172000 | PA      | $171140.00    | 0.12%             | 2032-07-23      | Variable      | 7.13%                 | No            |                  2 | On Loan: No      |
| Raven Acquisition Holdings LLC                          | Raven Acquisition Holdings LLC                                        | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    285000 | PA      | $291235.80    | 0.20%             | 2031-11-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Olympus Water US Holding Corp.                          | Olympus Water US Holding Corp., Series 144*                           | CUSIP: 681639AE0<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199073.87    | 0.14%             | 2033-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2025-HQA1, Class M2                   | CUSIP: 35564NHA4<br>LEI: 529900MBUPRSJMB6GN48 | Long             | ABS-MBS          | CORP              | US        |    350000 | PA      | $350765.10    | 0.24%             | 2045-02-25      | Floating      | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Beacon Mobility Corp.                                   | Beacon Mobility Corp., First Lien Term Loan                           | CUSIP: 07363PAC4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     23785 | PA      | $23919.23     | 0.02%             | 2030-08-06      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                               | Ford Motor Credit Co. LLC                                             | CUSIP: 345397G56<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    408000 | PA      | $422259.93    | 0.29%             | 2035-02-07      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| Rocket Software, Inc.                                   | Rocket Software, Inc.                                                 | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    507000 | PA      | $492539.60    | 0.34%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                             | Caesars Entertainment, Inc.                                           | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |      7793 | NS      | $156639.30    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Automobile Receivables Trust                   | Westlake Automobile Receivables Trust, Series 2025-2A, Class D        | CUSIP: 96041KAG9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    118000 | PA      | $118187.86    | 0.08%             | 2031-05-15      | Fixed         | 5.08%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV Financing LLC                                   | DIRECTV Financing LLC, First Lien Term Loan B                         | CUSIP: 25460HAD4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    250265 | PA      | $250500.66    | 0.17%             | 2029-08-02      | Variable      | 9.82%                 | No            |                  2 | On Loan: No      |
| Zodiac Purchaser LLC                                    | Zodiac Purchaser LLC, First Lien Term Loan                            | CUSIP: 98980XAC9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    568575 | PA      | $558153.02    | 0.38%             | 2032-02-16      | Variable      | 7.46%                 | No            |                  2 | On Loan: No      |
| New Home Co., Inc. (The)                                | New Home Co., Inc. (The)                                              | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |    397000 | PA      | $410822.75    | 0.28%             | 2030-11-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corp.                                        | CVS Health Corp.                                                      | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    267000 | PA      | $277473.88    | 0.19%             | 2054-12-10      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Amphenol Corp.                                          | Amphenol Corp.                                                        | CUSIP: 032095BB6<br>LEI: 549300D3L3G0R4U4VT04 | Long             | DBT              | CORP              | US        |    354000 | PA      | $344487.69    | 0.24%             | 2055-11-15      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| American Express Co.                                    | American Express Co.                                                  | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    452000 | PA      | $443564.91    | 0.31%             | 2026-09-15      | Variable      | 3.55%                 | No            |                  2 | On Loan: No      |
| Winterfell Financing SARL                               | Winterfell Financing SARL, First Lien Term Loan B3                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    500000 | PA      | $522754.49    | 0.36%             | 2028-05-04      | Variable      | 7.03%                 | No            |                  2 | On Loan: No      |
| Althea Acquisition BidcoSarl                            | Althea Acquisition Bidco SARL, First Lien Term Loan B                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | LU        |    500000 | PA      | $575657.25    | 0.40%             | 2032-10-07      | Variable      | 5.37%                 | No            |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                      | Ally Bank Auto Credit-Linked Notes, Series 2025-A, Class E            | CUSIP: 02007G5H2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    223899 | PA      | $222531.70    | 0.15%             | 2033-06-15      | Fixed         | 6.07%                 | Yes           |                  2 | On Loan: No      |
| Cipher Mining, Inc.                                     | Cipher Mining, Inc.                                                   | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |     11313 | NS      | $210987.45    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FIGRE Trust                                             | FIGRE Trust, Series 2024-HE6, Class C                                 | CUSIP: 31684DAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    414555 | PA      | $418670.80    | 0.29%             | 2054-12-25      | Variable      | 5.97%                 | Yes           |                  2 | On Loan: No      |
| Star Parent, Inc.                                       | Star Parent, Inc., First Lien Term Loan                               | CUSIP: 87169DAB1<br>LEI: 254900GRGCJYRMDRWT73 | Long             | LON              | CORP              | US        |    568129 | PA      | $568890.30    | 0.39%             | 2030-09-27      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Ammega Group BV                                         | Ammega Group BV, First Lien Term Loan                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | NL        |    500000 | PA      | $519967.10    | 0.36%             | 2028-12-30      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| BAMLL Re-REMIC Trust                                    | BAMLL Re-REMIC Trust, Series 2025-FRR5, Class EK73                    | CUSIP: 05494BAW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    243129 | PA      | $183117.52    | 0.13%             | 2051-02-27      | Variable      | 0.01%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $6786.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Life Mortgage Trust                                     | Life Mortgage Trust, Series 2022-BMR2, Class D                        | CUSIP: 53218DAJ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    165000 | PA      | $147859.15    | 0.10%             | 2039-05-15      | Floating      | 6.57%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $476.16       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PRM7 Trust                                              | PRM7 Trust, Series 2025-PRM7, Class E                                 | CUSIP: 74290HAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    278000 | PA      | $274121.14    | 0.19%             | 2042-11-10      | Variable      | 6.84%                 | Yes           |                  2 | On Loan: No      |
| StoneX Group, Inc.                                      | StoneX Group, Inc.                                                    | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |    136000 | PA      | $144037.19    | 0.10%             | 2031-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Hudsons Bay Simon JV Trust                              | Hudsons Bay Simon JV Trust, Series 2015-HB7, Class A7                 | CUSIP: 44422PAU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     12227 | PA      | $12169.45     | 0.01%             | 2034-08-05      | Fixed         | 3.91%                 | Yes           |                  2 | On Loan: No      |
| Reach ABS Trust                                         | Reach ABS Trust, Series 2024-1A, Class C                              | CUSIP: 75526PAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    198000 | PA      | $203672.65    | 0.14%             | 2031-02-18      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| Janus Henderson Emerging Markets Debt Hard Currency ETF | Janus Henderson Emerging Markets Debt Hard Currency ETF               | CUSIP: 47103U738<br>LEI: 529900QLTSH6GU0R4M68 | Long             |  | RF                | US        |    124406 | NS      | $6728349.22   | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| FHF Issuer Trust                                        | FHF Issuer Trust, Series 2025-1A, Class D                             | CUSIP: 30340RAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    193000 | PA      | $188041.54    | 0.13%             | 2032-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                             | Caesars Entertainment, Inc.                                           | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    757000 | PA      | $722157.86    | 0.50%             | 2032-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2025-R02, Class 1B1       | CUSIP: 20754TAH5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    830000 | PA      | $832586.23    | 0.57%             | 2045-02-25      | Floating      | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Ally Bank Auto Credit-Linked Notes                      | Ally Bank Auto Credit-Linked Notes, Series 2024-B, Class F            | CUSIP: 02007G4G5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    315584 | PA      | $319482.79    | 0.22%             | 2032-09-15      | Fixed         | 8.04%                 | Yes           |                  2 | On Loan: No      |
| Park River Holdings,, Inc.                              | Park River Holdings, Inc., First Lien Term Loan                       | CUSIP: 70082HAE6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    110000 | PA      | $110290.40    | 0.08%             | 2031-03-17      | Variable      | 8.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $7554.04      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BXP Trust                                               | BXP Trust, Series 2017-GM, Class D                                    | CUSIP: 056083AL2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    240000 | PA      | $231256.43    | 0.16%             | 2039-06-13      | Variable      | 3.42%                 | Yes           |                  2 | On Loan: No      |
| CoreWeave, Inc.                                         | CoreWeave, Inc.                                                       | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    408000 | PA      | $411968.21    | 0.28%             | 2030-06-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Jersey Mike's Funding                                   | Jersey Mike's Funding, Series 2025-1A, Class A2                       | CUSIP: 476681AE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    350000 | PA      | $356900.69    | 0.25%             | 2055-08-16      | Fixed         | 5.61%                 | Yes           |                  2 | On Loan: No      |
| LGI Homes, Inc.                                         | LGI Homes, Inc.                                                       | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    652000 | PA      | $585565.11    | 0.40%             | 2029-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| MARA Holdings, Inc.                                     | MARA Holdings, Inc.                                                   | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |      7584 | NS      | $138559.68    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| House of HR Group BV                                    | House of HR Group BV                                                  | CUSIP: N/A<br>LEI: 724500AWBTX8I880X774       | Long             | DBT              | CORP              | NL        |    300000 | PA      | $327804.85    | 0.23%             | 2029-11-03      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TeamSystem SpA                                          | TeamSystem SpA                                                        | CUSIP: N/A<br>LEI: 81560062081DF3AB7A90       | Long             | DBT              | CORP              | IT        |    320000 | PA      | $370572.97    | 0.25%             | 2031-07-31      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| Sotheby's Artfi Master Trust                            | Sotheby's Artfi Master Trust, Series 2024-1A, Class D                 | CUSIP: 83589CAE8<br>LEI: 9845002FA850DM72BA31 | Long             | ABS-O            | CORP              | US        |    668000 | PA      | $670104.40    | 0.46%             | 2031-12-22      | Fixed         | 7.91%                 | Yes           |                  2 | On Loan: No      |
| Amur Equipment Finance Receivables XV LLC               | Amur Equipment Finance Receivables XV LLC, Series 2025-1A, Class D    | CUSIP: 03237FAE5<br>LEI: 254900UXD59DZRJ7U848 | Long             | ABS-O            | CORP              | US        |    275000 | PA      | $279230.02    | 0.19%             | 2032-08-20      | Fixed         | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Churchill Downs, Inc.                                   | Churchill Downs, Inc.                                                 | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |      1142 | NS      | $113286.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream, Inc.                                      | DT Midstream, Inc.                                                    | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $211768.90    | 0.15%             | 2034-12-15      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0626B2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    153000 | PA      | $158408.55    | 0.11%             | 2055-11-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Versant Media Group, Inc.                               | Versant Media Group, Inc., First Lien Term Loan B                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    234000 | PA      | $232928.28    | 0.16%             | 2030-10-23      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| Leia Finco US LLC                                       | Leia Finco US LLC, First Lien Term Loan                               | CUSIP: 52526CAB5<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    139300 | PA      | $139539.60    | 0.10%             | 2031-10-09      | Variable      | 7.19%                 | No            |                  2 | On Loan: No      |
| Coinbase Global, Inc.                                   | Coinbase Global, Inc.                                                 | CUSIP: 19260QAG2<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    131000 | PA      | $141611.00    | 0.10%             | 2029-10-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Rand Parent LLC                                         | Rand Parent LLC                                                       | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    474000 | PA      | $484558.35    | 0.33%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Great Wolf Trust                                        | Great Wolf Trust, Series 2024-WOLF, Class D                           | CUSIP: 39152MAG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $327006.90    | 0.22%             | 2039-03-15      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust                                     | RCKT Mortgage Trust, Series 2024-CES9, Class A1B                      | CUSIP: 749426AB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    302519 | PA      | $304267.11    | 0.21%             | 2044-12-25      | Variable      | 5.68%                 | Yes           |                  2 | On Loan: No      |
| Galaxy Senior Participation Interest Trust 1            | Galaxy Senior Participation Interest Trust 1                          | CUSIP: 362922AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    400980 | PA      | $403123.67    | 0.28%             | 2026-07-31      | Floating      | 0.00%                 | No            |                  3 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0306B9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4468000 | PA      | $3957866.10   | 2.72%             | 2055-11-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Aretec Group, Inc.                                      | Aretec Group, Inc.                                                    | CUSIP: 04020JAA4<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    253000 | PA      | $275277.41    | 0.19%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| CIFC Funding Ltd.                                       | CIFC Funding Ltd., Series 2019-7A, Class A1R                          | CUSIP: 171935AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1227000 | PA      | $1228827.86   | 0.85%             | 2038-10-19      | Floating      | 5.37%                 | Yes           |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                  | LifePoint Health, Inc., First Lien Term Loan                          | CUSIP: 75915TAL6<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | LON              | CORP              | US        |     80392 | PA      | $80291.50     | 0.06%             | 2031-05-19      | Variable      | 7.66%                 | No            |                  2 | On Loan: No      |
| FNMA or FHLMC                                           | UMBS, Single Family, 30 Year                                          | CUSIP: 01F0226B6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    105000 | PA      | $89115.08     | 0.06%             | 2055-11-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                | CenterPoint Energy, Inc.                                              | CUSIP: 15189TBS5<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |    406000 | PA      | $408587.84    | 0.28%             | 2056-04-01      | Variable      | 5.95%                 | No            |                  2 | On Loan: —       |
| First Quantum Minerals Ltd.                             | First Quantum Minerals Ltd.                                           | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    429000 | PA      | $445521.22    | 0.31%             | 2034-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Howard Midstream Energy Partners LLC                    | Howard Midstream Energy Partners LLC                                  | CUSIP: 442722AD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    346000 | PA      | $356558.19    | 0.25%             | 2034-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2025-VLT7, Class E                                   | CUSIP: 123913AJ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    808000 | PA      | $813066.97    | 0.56%             | 2044-07-15      | Floating      | 7.78%                 | Yes           |                  2 | On Loan: No      |
| RCKT Mortgage Trust                                     | RCKT Mortgage Trust, Series 2025-CES5, Class A1A                      | CUSIP: 74942CAA7<br>LEI: 2549008EA2IHW9G2TZ48 | Long             | ABS-O            | CORP              | US        |    242071 | PA      | $243909.67    | 0.17%             | 2055-05-25      | Variable      | 5.69%                 | Yes           |                  2 | On Loan: No      |
| Tricolor Auto Securitization Trust                      | Tricolor Auto Securitization Trust, Series 2025-1A, Class C           | CUSIP: 89617CAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    802000 | PA      | $182484.36    | 0.13%             | 2029-10-15      | Fixed         | 5.72%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-41.81       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Viper Energy Partners LLC                               | Viper Energy Partners LLC                                             | CUSIP: 92764MAB0<br>LEI: 54930010ZZ02MRGRI973 | Long             | DBT              | CORP              | US        |    279000 | PA      | $284478.17    | 0.20%             | 2035-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury Ultra Bonds                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -21 | NC      | $-97146.57    | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                   | Wells Fargo Commercial Mortgage Trust, Series 2025-VTT, Class D       | CUSIP: 94990GAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    302000 | PA      | $302027.41    | 0.21%             | 2038-03-15      | Variable      | 6.18%                 | Yes           |                  2 | On Loan: No      |
| N/A                                                     | Forward Foreign Currency Contract                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-5767.62     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 10 Year Ultra Bonds                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |       -43 | NC      | $-58317.46    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Watco Cos. LLC                                          | Watco Cos. LLC                                                        | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    368000 | PA      | $381229.60    | 0.26%             | 2032-08-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Foundation Finance Trust                                | Foundation Finance Trust, Series 2023-2A, Class D                     | CUSIP: 35042RAD8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    212906 | PA      | $226408.61    | 0.16%             | 2049-06-15      | Fixed         | 9.10%                 | Yes           |                  2 | On Loan: No      |
| EURO                                                    | EURO                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |   1531334 | OU      | $1767465.40   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Pound Sterling                                          | Pound Sterling                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |      4554 | OU      | $5983.22      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JH North America Holdings, Inc.                         | JH North America Holdings, Inc.                                       | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    358000 | PA      | $364628.37    | 0.25%             | 2031-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-HQA4, Class B2                   | CUSIP: 35564KPP8<br>LEI: 5493000ISE4NWBTOSK36 | Long             | ABS-MBS          | CORP              | US        |   1236000 | PA      | $1303251.37   | 0.90%             | 2041-12-25      | Floating      | 11.18%                | Yes           |                  2 | On Loan: No      |
| Burford Capital Global Finance LLC                      | Burford Capital Global Finance LLC                                    | CUSIP: 12116LAG4<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394913.24    | 0.27%             | 2033-07-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Vontive Mortgage Trust                                  | Vontive Mortgage Trust, Series 2025-RTL1, Class A1                    | CUSIP: 928884AA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    496000 | PA      | $504785.15    | 0.35%             | 2030-03-25      | Variable      | 6.51%                 | Yes           |                  2 | On Loan: No      |
| Sierra Timeshare Receivables Funding LLC                | Sierra Timeshare Receivables Funding LLC, Series 2025-3A, Class B     | CUSIP: 82650FAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1626000 | PA      | $1626708.70   | 1.12%             | 2044-08-22      | Fixed         | 4.64%                 | Yes           |                  2 | On Loan: No      |
| Millrose Properties, Inc.                               | Millrose Properties, Inc.                                             | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    269000 | PA      | $270285.82    | 0.19%             | 2032-09-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Wells Fargo Commercial Mortgage Trust                   | Wells Fargo Commercial Mortgage Trust, Series 2025-VTT, Class E       | CUSIP: 94990GAJ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    189000 | PA      | $189815.14    | 0.13%             | 2038-03-15      | Variable      | 6.91%                 | Yes           |                  2 | On Loan: No      |
| BXHPP Trust                                             | BXHPP Trust, Series 2021-FILM, Class A                                | CUSIP: 05609JAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $212721.52    | 0.15%             | 2036-08-15      | Floating      | 4.80%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Avenue Securities Trust                     | Connecticut Avenue Securities Trust, Series 2024-R06, Class 1M2       | CUSIP: 20755RAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     61632 | PA      | $61676.47     | 0.04%             | 2044-09-25      | Floating      | 5.78%                 | Yes           |                  2 | On Loan: No      |
| Veritiv Operating Co.                                   | Veritiv Operating Co.                                                 | CUSIP: 92339LAA0<br>LEI: 5493004G8OK5L1UTIY12 | Long             | DBT              | CORP              | US        |    596000 | PA      | $620244.09    | 0.43%             | 2030-11-30      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Project Alpha Intermediate Holding, Inc.                | Project Alpha Intermediate Holding, Inc., First Lien Term Loan B      | CUSIP: 74339DAM0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     32000 | PA      | $31120.00     | 0.02%             | 2033-05-09      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Boots Group Bidco Ltd.                                  | Boots Group Bidco Ltd., First Lien Term Loan                          | CUSIP: 09947PAB7<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    268000 | PA      | $269005.00    | 0.19%             | 2032-08-30      | Variable      | 7.70%                 | No            |                  2 | On Loan: No      |
| Kioxia Holdings Corp.                                   | Kioxia Holdings Corp.                                                 | CUSIP: 49726JAB4<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |    353000 | PA      | $368217.22    | 0.25%             | 2033-07-24      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corp.                                           | Calpine Corp.                                                         | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    273000 | PA      | $273462.46    | 0.19%             | 2031-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Dermatology Intermediate Holdings III, Inc.             | Dermatology Intermediate Holdings III, Inc., First Lien Term Loan     | CUSIP: 24982LAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    277136 | PA      | $261083.84    | 0.18%             | 2029-03-26      | Variable      | 8.09%                 | No            |                  2 | On Loan: No      |
| BX Trust                                                | BX Trust, Series 2021-ARIA, Class E                                   | CUSIP: 05608RAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    325000 | PA      | $324447.65    | 0.22%             | 2036-10-15      | Floating      | 6.39%                 | Yes           |                  2 | On Loan: No      |
| Froneri International Ltd.                              | Froneri International Ltd., First Lien Term Loan B5                   | CUSIP: G3679YAL6<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    500000 | PA      | $578081.07    | 0.40%             | 2032-09-30      | Variable      | 5.03%                 | No            |                  2 | On Loan: No      |
| INEOS US Petrochem LLC                                  | INEOS US Petrochem LLC, First Lien Term Loan B1                       | CUSIP: G4770MAL8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    291520 | PA      | $242203.73    | 0.17%             | 2029-04-02      | Variable      | 8.31%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                            | BX Commercial Mortgage Trust, Series 2024-GPA3, Class C               | CUSIP: 123910AE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1114893 | PA      | $1116914.32   | 0.77%             | 2039-12-15      | Floating      | 5.92%                 | Yes           |                  2 | On Loan: No      |
| ROBLOX Corp.                                            | ROBLOX Corp.                                                          | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    521000 | PA      | $498531.22    | 0.34%             | 2030-05-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Windstream Services, LLC                                | Windstream Services LLC, First Lien Term Loan                         | CUSIP: 97381JAK9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    439000 | PA      | $433512.50    | 0.30%             | 2032-10-06      | Variable      | 7.96%                 | No            |                  2 | On Loan: No      |
| Starz Capital Holdings 1, Inc.                          | Starz Capital Holdings 1, Inc.                                        | CUSIP: 535939AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    511000 | PA      | $480340.00    | 0.33%             | 2030-04-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NYC Commercial Mortgage Trust                           | NYC Commercial Mortgage Trust, Series 2025-1155, Class A              | CUSIP: 67122BAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1342000 | PA      | $1374644.22   | 0.95%             | 2042-06-10      | Fixed         | 5.83%                 | Yes           |                  2 | On Loan: No      |
| Loire Finco Luxembourg SARL                             | Loire Finco Luxembourg SARL, First Lien Term Loan B                   | CUSIP: L7000HAH7<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |    500000 | PA      | $579881.62    | 0.40%             | 2030-01-21      | Variable      | 5.89%                 | No            |                  2 | On Loan: No      |
| Huntington Bank Auto Credit-Linked Notes                | Huntington Bank Auto Credit-Linked Notes, Series 2025-2, Class D      | CUSIP: 44644NAR0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    469823 | PA      | $470234.72    | 0.32%             | 2033-09-20      | Floating      | 7.43%                 | Yes           |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                          | Carvana Auto Receivables Trust, Series 2021-N3, Class E               | CUSIP: 14687GAF2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    344829 | PA      | $336297.18    | 0.23%             | 2028-06-12      | Fixed         | 3.16%                 | Yes           |                  2 | On Loan: No      |
| Penn Entertainment, Inc.                                | Penn Entertainment, Inc.                                              | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    498000 | PA      | $463773.06    | 0.32%             | 2029-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                          | NCL Corp. Ltd.                                                        | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    612000 | PA      | $611710.28    | 0.42%             | 2031-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| SIG plc                                                 | SIG plc                                                               | CUSIP: N/A<br>LEI: 213800VDC1BKJEZ8PV53       | Long             | DBT              | CORP              | GB        |    220000 | PA      | $235157.56    | 0.16%             | 2029-10-31      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-HQA3, Class M2                   | CUSIP: 35564KJP5<br>LEI: 5493000ISHRHX47NOH65 | Long             | ABS-MBS          | CORP              | US        |    440000 | PA      | $443111.46    | 0.30%             | 2041-09-25      | Floating      | 6.28%                 | Yes           |                  2 | On Loan: No      |
| FHLMC STACR REMIC Trust                                 | FHLMC STACR REMIC Trust, Series 2021-DNA7, Class B2                   | CUSIP: 35564KNE5<br>LEI: 5493000ISOMSKCX2AW62 | Long             | ABS-MBS          | CORP              | US        |    930000 | PA      | $985884.91    | 0.68%             | 2041-11-25      | Floating      | 11.98%                | Yes           |                  2 | On Loan: No      |
| VoltaGrid LLC                                           | VoltaGrid LLC                                                         | CUSIP: 92874BAA3<br>LEI: 254900R5BEUGIKK1FM03 | Long             | DBT              | CORP              | US        |    204000 | PA      | $207478.59    | 0.14%             | 2030-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                  | LifePoint Health, Inc.                                                | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    271000 | PA      | $288245.90    | 0.20%             | 2032-06-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| HLF Financing Sarl LLC                                  | HLF Financing Sarl LLC                                                | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    323000 | PA      | $283465.61    | 0.20%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Rithm Capital Corp.                                     | Rithm Capital Corp.                                                   | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    280000 | PA      | $285678.96    | 0.20%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Hess Midstream Operations LP                            | Hess Midstream Operations LP                                          | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    635000 | PA      | $618479.08    | 0.43%             | 2030-02-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** Janus Detroit Street Trust

**Signature:** Jesper Nergaard

**Name of Signer:** Jesper Nergaard

**Title:** VP, CFO, Treasurer, and Principal Accounting Officer