# EDGAR Filing Document

**Accession Number:** 0000225604
**File Stem:** 0001752724-23-068528
**Filing Date:** 2023-3
**Character Count:** 139293
**Document Hash:** e3f012aabb256bda006e1bd878aa6222
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-068528.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001752724-23-068528

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**PERIOD START**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST III
- **CENTRAL INDEX KEY:** 0000225604
- **IRS NUMBER:** 046414785
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02794
- **FILM NUMBER:** 23766979

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST III /MA
- **DATE OF NAME CHANGE:** 19940411

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS HIGH INCOME FUND
- **DATE OF NAME CHANGE:** 19930408

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MASSACHUSETTS FINANCIAL HIGH INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### MFS High Yield Pooled Portfolio (Series ID: S000038262)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000118060 | Fund Shares  | HYPPX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS Series Trust III

- **b. Investment Company Act file number:** 811-02794

- **c. CIK number of Registrant:** 0000225604

- **d. LEI of Registrant:** 549300V6TTODTL97GD50

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

  - **Street Address 1:** 111 Huntington Avenue

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS High Yield Pooled Portfolio

- **b. EDGAR series identifier (if any):** S000038262

- **c. LEI of Series:** 549300B758U8480GXX22

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

- **a. Date of fiscal year-end:** 2023-01-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $729408913.72

**Total Liabilities:** $5939502.05

**Net Assets:** $723469411.67

**Delayed Delivery Securities:** $1794360.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -26.44660010 | **1-Year:** -1405.41662600 | **5-Year:** -5118.63534550 | **10-Year:** -690.43060110 | **30-Year:** 0.00000000

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

- **3-Month:** -991.02216080 | **1-Year:** -45220.19453380 | **5-Year:** -192113.80415450 | **10-Year:** -50518.19120490 | **30-Year:** -792.24002840

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000118060 | 2.60%                | -0.47%               | 3.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3440611.28             | $17963856.15                               |
| Month 2  | $-3572196.00             | $-4018810.72                               |
| Month 3  | $-3211991.53             | $26796674.78                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Energizer Holdings, Inc.                         | Energizer Holdings, Inc.                          | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |   2123000 | PA      | $1843655.66   | 0.25%             | 2029-03-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Sensata Technologies BV                          | Sensata Technologies BV                           | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   1640000 | PA      | $1609250.00   | 0.22%             | 2030-09-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Crown Americas LLC                               | Crown Americas LLC                                | CUSIP: 228187AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1280000 | PA      | $1250483.20   | 0.17%             | 2026-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Encino Acquisition Partners Holdings LLC         | Encino Acquisition Partners Holdings LLC          | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |   1890000 | PA      | $1762066.30   | 0.24%             | 2028-05-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Standard Industries, Inc.                        | Standard Industries, Inc.                         | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   3053000 | PA      | $2609920.80   | 0.36%             | 2030-07-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Nabors Industries Ltd.                           | Nabors Industries Ltd.                            | CUSIP: 629571AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   1950000 | PA      | $1896375.00   | 0.26%             | 2026-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Targa Resources Partners LP                      | Targa Resources Partners LP                       | CUSIP: 87612BBN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2905000 | PA      | $2983405.95   | 0.41%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                      | Allied Universal Holdco LLC                       | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2635000 | PA      | $2516425.00   | 0.35%             | 2027-07-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| BWX Technologies, Inc.                           | BWX Technologies, Inc.                            | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   1943000 | PA      | $1753568.65   | 0.24%             | 2028-06-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                        | Ford Motor Credit Co. LLC                         | CUSIP: 345397XL2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   5330000 | PA      | $5089990.10   | 0.70%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Catalent Pharma Solutions, Inc.                  | Catalent Pharma Solutions, Inc.                   | CUSIP: 14879EAH1<br>LEI: 549300HALRZ339MSTH85 | Long             | DBT              | CORP              | US        |   5840000 | PA      | $4831081.60   | 0.67%             | 2029-02-15      | Fixed         | 3.12%                 | Yes           |                  2 | On Loan: No      |
| SPCM SA                                          | SPCM SA                                           | CUSIP: 7846ELAE7<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |   3325000 | PA      | $2814612.50   | 0.39%             | 2030-03-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| APi Escrow Corp.                                 | APi Escrow Corp.                                  | CUSIP: 00185PAA9<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |   3765000 | PA      | $3356981.38   | 0.46%             | 2029-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| NCR Corp.                                        | NCR Corp.                                         | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   2840000 | PA      | $2501642.40   | 0.35%             | 2028-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                  | TransDigm, Inc.                                   | CUSIP: 893647BB2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1629350.25   | 0.23%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners LP                        | EQM Midstream Partners LP                         | CUSIP: 26885BAF7<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    247000 | PA      | $243173.97    | 0.03%             | 2025-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Match Group Holdings II LLC                      | Match Group Holdings II LLC                       | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1945000 | PA      | $1864992.43   | 0.26%             | 2027-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Asbury Automotive Group, Inc.                    | Asbury Automotive Group, Inc.                     | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |   2967000 | PA      | $2618199.48   | 0.36%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| SeaWorld Parks & Entertainment, Inc.             | SeaWorld Parks & Entertainment, Inc.              | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1753396.31   | 0.24%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| N/A                                              | U.S. Treasury 10 Year Note                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      -167 | NC      | $-243407.85   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Cimpress plc                                     | Cimpress plc                                      | CUSIP: 17186HAC6<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |   2965000 | PA      | $2058582.15   | 0.28%             | 2026-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos., Inc.                            | Albertsons Cos., Inc.                             | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2190000 | PA      | $1888875.00   | 0.26%             | 2029-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Videotron Ltd.                                   | Videotron Ltd.                                    | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |   1140000 | PA      | $991862.83    | 0.14%             | 2029-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Real Hero Merger Sub 2, Inc.                     | Real Hero Merger Sub 2, Inc.                      | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1503562.50   | 0.21%             | 2029-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Parkland Corp.                                   | Parkland Corp.                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |   4470000 | PA      | $3842420.05   | 0.53%             | 2030-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| US Acute Care Solutions LLC                      | US Acute Care Solutions LLC                       | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2245000 | PA      | $2030827.00   | 0.28%             | 2026-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Match Group Holdings II LLC                      | Match Group Holdings II LLC                       | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   1030000 | PA      | $885800.00    | 0.12%             | 2030-08-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Albertsons Cos., Inc.                            | Albertsons Cos., Inc.                             | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2509000 | PA      | $2378657.45   | 0.33%             | 2027-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Tap Rock Resources LLC                           | Tap Rock Resources LLC                            | CUSIP: 87602LAA0<br>LEI: 549300Y3SDS1HPFQ6H17 | Long             | DBT              | CORP              | US        |    561000 | PA      | $530986.50    | 0.07%             | 2026-10-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Boyd Gaming Corp.                                | Boyd Gaming Corp.                                 | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   1360000 | PA      | $1292907.80   | 0.18%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Southwestern Energy Co.                          | Southwestern Energy Co.                           | CUSIP: 845467AP4<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $1066095.10   | 0.15%             | 2028-09-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Ardagh Packaging Finance plc                     | Ardagh Packaging Finance plc                      | CUSIP: 03969AAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3029874.50   | 0.42%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio         | MFS Institutional Money Market Portfolio, Class A | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        |  16118419 | NS      | $16120030.39  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| LCPR Senior Secured Financing DAC                | LCPR Senior Secured Financing DAC                 | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |   2919000 | PA      | $2843981.70   | 0.39%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| 1375209 BC Ltd.                                  | 1375209 BC Ltd.                                   | CUSIP: 68251PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1495000 | PA      | $1489408.70   | 0.21%             | 2028-01-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| HUB International Ltd.                           | HUB International Ltd.                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   3772000 | PA      | $3375456.81   | 0.47%             | 2029-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Compass Minerals International, Inc.             | Compass Minerals International, Inc.              | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   2694000 | PA      | $2628382.08   | 0.36%             | 2027-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Ryan Specialty Group LLC                         | Ryan Specialty Group LLC                          | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   1409000 | PA      | $1269861.25   | 0.18%             | 2030-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS Corp.                                   | DISH DBS Corp.                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1815000 | PA      | $1564303.13   | 0.22%             | 2026-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SRM Escrow Issuer LLC                            | SRM Escrow Issuer LLC                             | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $1962993.00   | 0.27%             | 2028-11-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| US Foods, Inc.                                   | US Foods, Inc.                                    | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   3115000 | PA      | $2849584.37   | 0.39%             | 2029-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| VICI Properties LP                               | VICI Properties LP                                | CUSIP: 92564RAJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1110000 | PA      | $1104172.50   | 0.15%             | 2027-02-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                 | CCO Holdings LLC                                  | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7287000 | PA      | $6367307.73   | 0.88%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Bausch Health Cos., Inc.                         | Bausch Health Cos., Inc.                          | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1873000 | PA      | $1465435.20   | 0.20%             | 2028-09-30      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| Ford Motor Credit Co. LLC                        | Ford Motor Credit Co. LLC                         | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   3005000 | PA      | $2847861.04   | 0.39%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| TMS International Corp.                          | TMS International Corp.                           | CUSIP: 87261QAC7<br>LEI: 549300L4K0F1YF8WKF23 | Long             | DBT              | CORP              | US        |    685000 | PA      | $514529.80    | 0.07%             | 2029-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Clarivate Science Holdings Corp.                 | Clarivate Science Holdings Corp.                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    745000 | PA      | $664765.29    | 0.09%             | 2028-07-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Go Daddy Operating Co. LLC                       | Go Daddy Operating Co. LLC                        | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4971000 | PA      | $4298920.80   | 0.59%             | 2029-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                 | Sabre GLBL, Inc.                                  | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    634000 | PA      | $621869.68    | 0.09%             | 2025-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Sabre GLBL, Inc.                                 | Sabre GLBL, Inc.                                  | CUSIP: 78573NAH5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   1075000 | PA      | $1139500.00   | 0.16%             | 2027-12-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| Regal Rexnord Corp.                              | Regal Rexnord Corp.                               | CUSIP: 758750AE3<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   1787000 | PA      | $1822137.78   | 0.25%             | 2030-02-15      | Fixed         | 6.30%                 | Yes           |                  2 | On Loan: No      |
| Dornoch Debt Merger Sub, Inc.                    | Dornoch Debt Merger Sub, Inc.                     | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2605000 | PA      | $1955935.26   | 0.27%             | 2029-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| RegionalCare Hospital Partners Holdings, Inc.    | RegionalCare Hospital Partners Holdings, Inc.     | CUSIP: 53219LAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1960000 | PA      | $1718586.80   | 0.24%             | 2026-12-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| Match Group Holdings II LLC                      | Match Group Holdings II LLC                       | CUSIP: 57667JAA0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    245000 | PA      | $196612.50    | 0.03%             | 2031-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Wynn Resorts Finance LLC                         | Wynn Resorts Finance LLC                          | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3210000 | PA      | $2864925.00   | 0.40%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corp.                            | OneMain Finance Corp.                             | CUSIP: 85172FAM1<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1585007.40   | 0.22%             | 2025-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Energizer Gamma Acquisition BV                   | Energizer Gamma Acquisition BV                    | CUSIP: N/A<br>LEI: 5493002SUYZDHEQ3JN34       | Long             | DBT              | CORP              | NL        |   1290000 | PA      | $1139665.53   | 0.16%             | 2029-06-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DISH Network Corp.                               | DISH Network Corp.                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1247040.00   | 0.17%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| Nationstar Mortgage Holdings, Inc.               | Nationstar Mortgage Holdings, Inc.                | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3669000 | PA      | $3402997.50   | 0.47%             | 2027-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CCM Merger, Inc.                                 | CCM Merger, Inc.                                  | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |   2340000 | PA      | $2263950.00   | 0.31%             | 2026-05-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| WASH Multifamily Acquisition, Inc.               | WASH Multifamily Acquisition, Inc.                | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |   2103000 | PA      | $1940476.82   | 0.27%             | 2026-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| NCR Corp.                                        | NCR Corp.                                         | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   1793000 | PA      | $1561800.25   | 0.22%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Stericycle, Inc.                                 | Stericycle, Inc.                                  | CUSIP: 858912AG3<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |   2695000 | PA      | $2391165.70   | 0.33%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Eldorado Gold Corp.                              | Eldorado Gold Corp.                               | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |   1570000 | PA      | $1438728.88   | 0.20%             | 2029-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                | Venture Global Calcasieu Pass LLC                 | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   3375000 | PA      | $3003750.00   | 0.42%             | 2029-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| NFP Corp.                                        | NFP Corp.                                         | CUSIP: 65342RAE0<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   1995000 | PA      | $1741096.35   | 0.24%             | 2028-08-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corp.                                    | Calpine Corp.                                     | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   3405000 | PA      | $3082922.99   | 0.43%             | 2028-03-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Mattamy Group Corp.                              | Mattamy Group Corp.                               | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |   1920000 | PA      | $1619308.80   | 0.22%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Encompass Health Corp.                           | Encompass Health Corp.                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   2365000 | PA      | $2167900.90   | 0.30%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Bombardier, Inc.                                 | Bombardier, Inc.                                  | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    935000 | PA      | $934093.05    | 0.13%             | 2029-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Viavi Solutions, Inc.                            | Viavi Solutions, Inc.                             | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |   3505000 | PA      | $3058112.50   | 0.42%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Catalent Pharma Solutions, Inc.                  | Catalent Pharma Solutions, Inc.                   | CUSIP: N/A<br>LEI: 549300HALRZ339MSTH85       | Long             | DBT              | CORP              | US        |    895000 | PA      | $805156.89    | 0.11%             | 2028-03-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                           | Tenet Healthcare Corp.                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   4979000 | PA      | $4655763.32   | 0.64%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Arches Buyer, Inc.                               | Arches Buyer, Inc.                                | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |   2820000 | PA      | $2375173.20   | 0.33%             | 2028-12-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Taseko Mines Ltd.                                | Taseko Mines Ltd.                                 | CUSIP: 876511AF3<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |   2115000 | PA      | $2003962.50   | 0.28%             | 2026-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                   | Community Health Systems, Inc.                    | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1265000 | PA      | $1020753.80   | 0.14%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| BellRing Brands, Inc.                            | BellRing Brands, Inc.                             | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |   2900000 | PA      | $2878546.50   | 0.40%             | 2030-03-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Entegris Escrow Corp.                            | Entegris Escrow Corp.                             | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1220000 | PA      | $1171602.60   | 0.16%             | 2030-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                   | Community Health Systems, Inc.                    | CUSIP: 12543DBD1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1625000 | PA      | $1531551.87   | 0.21%             | 2027-12-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Teleflex, Inc.                                   | Teleflex, Inc.                                    | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |   3239000 | PA      | $3092313.79   | 0.43%             | 2027-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Vector Group Ltd.                                | Vector Group Ltd.                                 | CUSIP: 92240MBL1<br>LEI: 549300TUIF4WWN6NDN50 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1351584.50   | 0.19%             | 2029-02-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Motion Bondco DAC                                | Motion Bondco DAC                                 | CUSIP: 61978XAA5<br>LEI: 635400KFD3IETNQLA755 | Long             | DBT              | CORP              | IE        |   2435000 | PA      | $2203628.17   | 0.30%             | 2027-11-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Operating Partners LP             | NextEra Energy Operating Partners LP              | CUSIP: 65342QAK8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    222000 | PA      | $216819.25    | 0.03%             | 2024-07-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Charles River Laboratories International, Inc.   | Charles River Laboratories International, Inc.    | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |   5110000 | PA      | $4551399.07   | 0.63%             | 2029-03-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                 | CCO Holdings LLC                                  | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2860000 | PA      | $2382523.00   | 0.33%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| LABL, Inc.                                       | LABL, Inc.                                        | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    855000 | PA      | $772706.25    | 0.11%             | 2028-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding SASU                               | Iliad Holding SASU                                | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |   3207000 | PA      | $3011950.26   | 0.42%             | 2028-10-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| SBA Communications Corp.                         | SBA Communications Corp.                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   2398000 | PA      | $2214638.61   | 0.31%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Intelsat SA                                      | Intelsat SA                                       | CUSIP: N/A<br>LEI: 549300YV2L21F4K80V46       | Long             | EC               | CORP              | LU        |     35312 | NS      | $812176.00    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                        | Michaels Cos., Inc. (The)                         | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1409800.00   | 0.19%             | 2029-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Prestige Brands, Inc.                            | Prestige Brands, Inc.                             | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |   1185000 | PA      | $1006183.50   | 0.14%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Bombardier, Inc.                                 | Bombardier, Inc.                                  | CUSIP: 097751BM2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1317000 | PA      | $1318646.25   | 0.18%             | 2025-03-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                                              | Avation plc                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DO               |  | GB        |     42350 | NS      | $18273.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ZoomInfo Technologies LLC                        | ZoomInfo Technologies LLC                         | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    860000 | PA      | $741750.00    | 0.10%             | 2029-02-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Altice France Holding SA                         | Altice France Holding SA                          | CUSIP: 02156TAA2<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   3610000 | PA      | $2435708.08   | 0.34%             | 2028-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                  | TransDigm, Inc.                                   | CUSIP: 893647BE6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2352000 | PA      | $2351171.48   | 0.32%             | 2026-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                               | LPL Holdings, Inc.                                | CUSIP: 50212YAD6<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   2066000 | PA      | $1849070.00   | 0.26%             | 2029-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| GrafTech Finance, Inc.                           | GrafTech Finance, Inc.                            | CUSIP: 384311AA4<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |   3119000 | PA      | $2658254.77   | 0.37%             | 2028-12-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| B&G Foods, Inc.                                  | B&G Foods, Inc.                                   | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    650000 | PA      | $525687.50    | 0.07%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Scientific Games Holdings LP                     | Scientific Games Holdings LP                      | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2232000 | PA      | $1988209.80   | 0.27%             | 2030-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Sands China Ltd.                                 | Sands China Ltd.                                  | CUSIP: 80007RAK1<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |   2080000 | PA      | $1972979.63   | 0.27%             | 2026-01-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Community Health Systems, Inc.                   | Community Health Systems, Inc.                    | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   4435000 | PA      | $2666046.76   | 0.37%             | 2030-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Genesis Energy LP                                | Genesis Energy LP                                 | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    857000 | PA      | $846030.40    | 0.12%             | 2027-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Element Solutions, Inc.                          | Element Solutions, Inc.                           | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |   3619000 | PA      | $3202815.00   | 0.44%             | 2028-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                     | Royal Caribbean Cruises Ltd.                      | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1440000 | PA      | $1252630.08   | 0.17%             | 2027-07-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CommScope Technologies LLC                       | CommScope Technologies LLC                        | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |   3465000 | PA      | $2645449.54   | 0.37%             | 2027-03-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| EQM Midstream Partners LP                        | EQM Midstream Partners LP                         | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   6209000 | PA      | $5727802.50   | 0.79%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Albion Financing 1 SARL                          | Albion Financing 1 SARL                           | CUSIP: 013304AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1180000 | PA      | $1058727.08   | 0.15%             | 2026-10-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Kinetik Holdings LP                              | Kinetik Holdings LP                               | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   4248000 | PA      | $4035600.00   | 0.56%             | 2030-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Global Aircraft Leasing Co. Ltd.                 | Global Aircraft Leasing Co. Ltd.                  | CUSIP: 37960JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5567595 | PA      | $5080896.89   | 0.70%             | 2024-09-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Legacy LifePoint Health LLC                      | Legacy LifePoint Health LLC                       | CUSIP: 53219LAS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    895000 | PA      | $783125.00    | 0.11%             | 2027-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Lamb Weston Holdings, Inc.                       | Lamb Weston Holdings, Inc.                        | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |   2910000 | PA      | $2622637.50   | 0.36%             | 2030-01-31      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Novelis Corp.                                    | Novelis Corp.                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   2985000 | PA      | $2701425.00   | 0.37%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Univar Solutions USA, Inc.                       | Univar Solutions USA, Inc.                        | CUSIP: 91337CAA4<br>LEI: 5493008FTB9VZW6CVA82 | Long             | DBT              | CORP              | US        |   1406000 | PA      | $1359501.68   | 0.19%             | 2027-12-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Petra Diamonds US Treasury plc                   | Petra Diamonds US Treasury plc                    | CUSIP: N/A<br>LEI: 635400LZYOO6WHAO2H58       | Long             | DBT              | CORP              | GB        |   1452817 | PA      | $1409232.97   | 0.19%             | 2026-03-08      | Fixed         | 10.03%                | Yes           |                  2 | On Loan: No      |
| Victoria's Secret & Co.                          | Victoria's Secret & Co.                           | CUSIP: 926400AA0<br>LEI: 5493006T3O70U3UWVF17 | Long             | DBT              | CORP              | US        |   2718000 | PA      | $2257951.32   | 0.31%             | 2029-07-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Jazz Securities DAC                              | Jazz Securities DAC                               | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |   4390000 | PA      | $4005172.60   | 0.55%             | 2029-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                               | LPL Holdings, Inc.                                | CUSIP: 50212YAC8<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   3180000 | PA      | $3026215.20   | 0.42%             | 2027-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| PetSmart, Inc.                                   | PetSmart, Inc.                                    | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2165000 | PA      | $2127633.68   | 0.29%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| GFL Environmental, Inc.                          | GFL Environmental, Inc.                           | CUSIP: 36168QAP9<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    985000 | PA      | $873517.70    | 0.12%             | 2029-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Terex Corp.                                      | Terex Corp.                                       | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |   3260000 | PA      | $3044025.00   | 0.42%             | 2029-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Synaptics, Inc.                                  | Synaptics, Inc.                                   | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |   2990000 | PA      | $2589083.31   | 0.36%             | 2029-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Sprint Capital Corp.                             | Sprint Capital Corp.                              | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   4295000 | PA      | $4594949.53   | 0.64%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Primo Water Holdings, Inc.                       | Primo Water Holdings, Inc.                        | CUSIP: 74168LAA4<br>LEI: 9845008F9A5F2E1D4832 | Long             | DBT              | CORP              | US        |   3505000 | PA      | $3057201.20   | 0.42%             | 2029-04-30      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Encompass Health Corp.                           | Encompass Health Corp.                            | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    435000 | PA      | $382884.93    | 0.05%             | 2031-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LSF11 A5 HoldCo LLC                              | LSF11 A5 HoldCo LLC                               | CUSIP: 50221DAA7<br>LEI: 254900FPK7P5WNA66Y10 | Long             | DBT              | CORP              | US        |   2508000 | PA      | $2058052.81   | 0.28%             | 2029-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Crown Americas LLC                               | Crown Americas LLC                                | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |   1960000 | PA      | $1886500.00   | 0.26%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DT Midstream, Inc.                               | DT Midstream, Inc.                                | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3493000 | PA      | $3055403.95   | 0.42%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Iron Mountain, Inc.                              | Iron Mountain, Inc.                               | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1511931.00   | 0.21%             | 2028-03-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                    | Clearway Energy Operating LLC                     | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $1197864.00   | 0.17%             | 2028-03-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Fair Isaac Corp.                                 | Fair Isaac Corp.                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   4736000 | PA      | $4701664.00   | 0.65%             | 2026-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SWF Escrow Issuer Corp.                          | SWF Escrow Issuer Corp.                           | CUSIP: 78500AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2070000 | PA      | $1360859.40   | 0.19%             | 2029-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| LTRI Holdings LP                                 | LTRI Holdings LP                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      3300 | NS      | $1105632.00   | 0.15%             |  |  |  | No            |                  3 | On Loan: No      |
| Iron Mountain, Inc.                              | Iron Mountain, Inc.                               | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1835000 | PA      | $1727725.90   | 0.24%             | 2027-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                | Venture Global Calcasieu Pass LLC                 | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   2230000 | PA      | $1977028.80   | 0.27%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Sirius XM Radio, Inc.                            | Sirius XM Radio, Inc.                             | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   2037000 | PA      | $1813133.70   | 0.25%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Genesis Energy LP                                | Genesis Energy LP                                 | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2139000 | PA      | $2173758.75   | 0.30%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                      | Caesars Entertainment, Inc.                       | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1655000 | PA      | $1415025.00   | 0.20%             | 2029-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Dana, Inc.                                       | Dana, Inc.                                        | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |   1976000 | PA      | $1877624.90   | 0.26%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                           | Tenet Healthcare Corp.                            | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    853000 | PA      | $758257.29    | 0.10%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ARD Finance SA                                   | ARD Finance SA                                    | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |   1777076 | PA      | $1394009.50   | 0.19%             | 2027-06-30      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Advantage Sales & Marketing, Inc.                | Advantage Sales & Marketing, Inc.                 | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |   2204000 | PA      | $1675040.00   | 0.23%             | 2028-11-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp.                                   | Carnival Corp.                                    | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   2959000 | PA      | $2692690.00   | 0.37%             | 2026-03-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Standard Industries, Inc.                        | Standard Industries, Inc.                         | CUSIP: N/A<br>LEI: 54930064UHXCIUWVI755       | Long             | DBT              | CORP              | US        |    655000 | PA      | $615346.75    | 0.09%             | 2026-11-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Mattamy Group Corp.                              | Mattamy Group Corp.                               | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |   1110000 | PA      | $1015650.00   | 0.14%             | 2027-12-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Tallgrass Energy Partners LP                     | Tallgrass Energy Partners LP                      | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3825000 | PA      | $3522385.13   | 0.49%             | 2028-01-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Calpine Corp.                                    | Calpine Corp.                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   3148000 | PA      | $2904849.11   | 0.40%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Performance Food Group, Inc.                     | Performance Food Group, Inc.                      | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   3240000 | PA      | $3118484.35   | 0.43%             | 2027-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                 | CCO Holdings LLC                                  | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1446065.25   | 0.20%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| IQVIA, Inc.                                      | IQVIA, Inc.                                       | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   4440000 | PA      | $4308619.51   | 0.60%             | 2027-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TriMas Corp.                                     | TriMas Corp.                                      | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |   5226000 | PA      | $4652446.50   | 0.64%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Mattel, Inc.                                     | Mattel, Inc.                                      | CUSIP: 577081AU6<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    290000 | PA      | $269265.00    | 0.04%             | 2040-10-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Mattel, Inc.                                     | Mattel, Inc.                                      | CUSIP: 577081BD3<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    680000 | PA      | $678300.00    | 0.09%             | 2027-12-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                | Alliant Holdings Intermediate LLC                 | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $26136.60     | 0.00%             | 2029-11-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Realogy Group LLC                                | Realogy Group LLC                                 | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1760000 | PA      | $1320000.00   | 0.18%             | 2030-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Avantor Funding, Inc.                            | Avantor Funding, Inc.                             | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   3585000 | PA      | $3379185.15   | 0.47%             | 2028-07-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Ziggo Bond Co. BV                                | Ziggo Bond Co. BV                                 | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |   5030000 | PA      | $4157295.00   | 0.57%             | 2030-02-28      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| B&G Foods, Inc.                                  | B&G Foods, Inc.                                   | CUSIP: 05508RAE6<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |   1735000 | PA      | $1581192.25   | 0.22%             | 2025-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FMG Resources August 2006 Pty. Ltd.              | FMG Resources August 2006 Pty. Ltd.               | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   4625000 | PA      | $4070000.00   | 0.56%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Williams Scotsman International, Inc.            | Williams Scotsman International, Inc.             | CUSIP: 96950GAE2<br>LEI: 549300V3TCHCBOBTGH07 | Long             | DBT              | CORP              | US        |   3198000 | PA      | $2963122.89   | 0.41%             | 2028-08-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Bausch Health Cos., Inc.                         | Bausch Health Cos., Inc.                          | CUSIP: 071734AR8<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    375000 | PA      | $234082.29    | 0.03%             | 2030-10-15      | Fixed         | 14.00%                | Yes           |                  2 | On Loan: No      |
| Marriott Ownership Resorts, Inc.                 | Marriott Ownership Resorts, Inc.                  | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   1425000 | PA      | $1240475.60   | 0.17%             | 2029-06-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| F-Brasile SpA                                    | F-Brasile SpA, Series XR                          | CUSIP: 30191BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |   2450000 | PA      | $2007481.00   | 0.28%             | 2026-08-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| AG TTMT Escrow Issuer LLC                        | AG TTMT Escrow Issuer LLC                         | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2775000 | PA      | $2863161.75   | 0.40%             | 2027-09-30      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| VICI Properties LP                               | VICI Properties LP                                | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2470000 | PA      | $2331065.12   | 0.32%             | 2026-12-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Syneos Health, Inc.                              | Syneos Health, Inc.                               | CUSIP: 87166BAA0<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | DBT              | CORP              | US        |   4171000 | PA      | $3373296.25   | 0.47%             | 2029-01-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.              | Hilton Domestic Operating Co., Inc.               | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   3122000 | PA      | $2621699.50   | 0.36%             | 2032-02-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The)                      | Toronto-Dominion Bank (The)                       | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1880000 | PA      | $1995150.00   | 0.28%             | 2082-10-31      | Variable      | 8.12%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                      | Caesars Entertainment, Inc.                       | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   2516000 | PA      | $2553740.00   | 0.35%             | 2027-07-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| Entegris, Inc.                                   | Entegris, Inc.                                    | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1382000 | PA      | $1178595.79   | 0.16%             | 2029-05-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Summer BC Holdco A SARL                          | Summer BC Holdco A SARL                           | CUSIP: N/A<br>LEI: 984500EFA0BRE0008996       | Long             | DBT              | CORP              | LU        |    833474 | PA      | $734991.88    | 0.10%             | 2027-10-31      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Interface, Inc.                                  | Interface, Inc.                                   | CUSIP: 458665AS5<br>LEI: 549300VXZWQOIDFPU355 | Long             | DBT              | CORP              | US        |   3855000 | PA      | $3238778.25   | 0.45%             | 2028-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                  | TransDigm, Inc.                                   | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2015000 | PA      | $1924276.32   | 0.27%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ICA Tenedora SA de CV                            | ICA Tenedora SA de CV                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    258532 | NS      | $233400.28    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| International Game Technology plc                | International Game Technology plc                 | CUSIP: 460599AF0<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   3670000 | PA      | $3477410.22   | 0.48%             | 2026-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| White Cap Buyer LLC                              | White Cap Buyer LLC                               | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2335000 | PA      | $2125371.50   | 0.29%             | 2028-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Sensata Technologies, Inc.                       | Sensata Technologies, Inc.                        | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |   1510000 | PA      | $1366942.60   | 0.19%             | 2030-02-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| MIWD Holdco II LLC                               | MIWD Holdco II LLC                                | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1604737.10   | 0.22%             | 2030-02-01      | Fixed         | 5.50%                 | 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      | $-24304.53    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Gray Escrow II, Inc.                             | Gray Escrow II, Inc.                              | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4746000 | PA      | $3649792.65   | 0.50%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Boyd Gaming Corp.                                | Boyd Gaming Corp.                                 | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1124762.50   | 0.16%             | 2031-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Canpack SA                                       | Canpack SA                                        | CUSIP: 13806CAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3905000 | PA      | $3242672.95   | 0.45%             | 2029-11-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| GFL Environmental, Inc.                          | GFL Environmental, Inc.                           | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |   2825000 | PA      | $2507893.75   | 0.35%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings, Inc.                              | Post Holdings, Inc.                               | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   3520000 | PA      | $3097600.00   | 0.43%             | 2030-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Clarivate Science Holdings Corp.                 | Clarivate Science Holdings Corp.                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2470000 | PA      | $2173414.75   | 0.30%             | 2029-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Empire Communities Corp.                         | Empire Communities Corp.                          | CUSIP: 29163VAC7<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |   2300000 | PA      | $2081500.00   | 0.29%             | 2025-12-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                          | SS&C Technologies, Inc.                           | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   4139000 | PA      | $3980659.24   | 0.55%             | 2027-09-30      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Foundation Building Materials, Inc.              | Foundation Building Materials, Inc.               | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |   2193000 | PA      | $1763961.48   | 0.24%             | 2029-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| SM Energy Co.                                    | SM Energy Co.                                     | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   2145000 | PA      | $2040365.91   | 0.28%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio, Inc.                            | Sirius XM Radio, Inc.                             | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   3465000 | PA      | $2856476.70   | 0.39%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.              | Hilton Domestic Operating Co., Inc.               | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   3517000 | PA      | $3123482.87   | 0.43%             | 2029-05-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Corp.                          | Credit Acceptance Corp.                           | CUSIP: 225310AN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2735000 | PA      | $2554158.24   | 0.35%             | 2024-12-31      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Encompass Health Corp.                           | Encompass Health Corp.                            | CUSIP: 421924BT7<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    985000 | PA      | $977615.85    | 0.14%             | 2025-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC                              | Rocket Mortgage LLC                               | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3484000 | PA      | $2939415.96   | 0.41%             | 2029-03-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Axalta Coating Systems LLC                       | Axalta Coating Systems LLC                        | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2274000 | PA      | $2148930.00   | 0.30%             | 2027-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Scripps Escrow, Inc.                             | Scripps Escrow, Inc.                              | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2321000 | PA      | $2071492.50   | 0.29%             | 2027-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Albion Financing 2SARL                           | Albion Financing 2SARL                            | CUSIP: 013305AA5<br>LEI: 2594009X2UW7EQPIKY23 | Long             | DBT              | CORP              | LU        |   1530000 | PA      | $1296675.00   | 0.18%             | 2027-04-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Bath & Body Works, Inc.                          | Bath & Body Works, Inc.                           | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   5395000 | PA      | $5092398.55   | 0.70%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC           | Ardagh Metal Packaging Finance USA LLC            | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2951000 | PA      | $2440063.86   | 0.34%             | 2029-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Intelsat Jackson Holdings SA                     | Intelsat Jackson Holdings SA                      | CUSIP: N/A<br>LEI: 8XJ8KF85PBKK1TLMFN29       | N/A              | DE               |  | LU        |      3697 | NS      | $21257.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| XHR LP                                           | XHR LP                                            | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              | CORP              | US        |   2810000 | PA      | $2493875.00   | 0.34%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Kaiser Aluminum Corp.                            | Kaiser Aluminum Corp.                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3771000 | PA      | $3442923.00   | 0.48%             | 2028-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CNX Resources Corp.                              | CNX Resources Corp.                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |   2082000 | PA      | $1911228.16   | 0.26%             | 2029-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Moss Creek Resources Holdings, Inc.              | Moss Creek Resources Holdings, Inc.               | CUSIP: 61965RAA3<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1546695.00   | 0.21%             | 2026-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| TransDigm, Inc.                                  | TransDigm, Inc.                                   | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2196000 | PA      | $1981143.36   | 0.27%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NextEra Energy Operating Partners LP             | NextEra Energy Operating Partners LP              | CUSIP: 65342QAC6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    488000 | PA      | $455060.00    | 0.06%             | 2024-09-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Avation Capital SA                               | Avation Capital SA                                | CUSIP: 05351CAA5<br>LEI: 54930056OEYSV06OMD90 | Long             | DBT              | CORP              | LU        |   1772633 | PA      | $1515601.22   | 0.21%             | 2026-10-31      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Verscend Escrow Corp.                            | Verscend Escrow Corp.                             | CUSIP: 92535WAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2992000 | PA      | $3002404.68   | 0.42%             | 2026-08-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| ANGI Group LLC                                   | ANGI Group LLC                                    | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3064000 | PA      | $2348647.92   | 0.32%             | 2028-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                 | CSC Holdings LLC                                  | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1603125.00   | 0.22%             | 2028-02-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Griffon Corp.                                    | Griffon Corp.                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |   2886000 | PA      | $2731368.12   | 0.38%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp.                         | SBA Communications Corp.                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |   4360000 | PA      | $3693715.70   | 0.51%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Trivium Packaging Finance BV                     | Trivium Packaging Finance BV                      | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   2295000 | PA      | $2207193.30   | 0.31%             | 2027-08-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| iHeartCommunications, Inc.                       | iHeartCommunications, Inc.                        | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   2908000 | PA      | $2606295.00   | 0.36%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| DT Midstream, Inc.                               | DT Midstream, Inc.                                | CUSIP: 23345MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2253000 | PA      | $1977007.50   | 0.27%             | 2029-06-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Antero Resources Corp.                           | Antero Resources Corp.                            | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |   1845000 | PA      | $1886697.44   | 0.26%             | 2029-02-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| IAMGOLD Corp.                                    | IAMGOLD Corp.                                     | CUSIP: 450913AF5<br>LEI: 254900E7II30XAB9LA72 | Long             | DBT              | CORP              | CA        |   2680000 | PA      | $2118004.00   | 0.29%             | 2028-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Cheniere Energy Partners LP                      | Cheniere Energy Partners LP                       | CUSIP: 16411QAG6<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |   1944000 | PA      | $1823705.28   | 0.25%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Weekley Homes LLC                                | Weekley Homes LLC                                 | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2048000 | PA      | $1782272.00   | 0.25%             | 2028-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Organon & Co.                                    | Organon & Co.                                     | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3256000 | PA      | $2944889.20   | 0.41%             | 2028-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                        | Michaels Cos., Inc. (The)                         | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $1096591.65   | 0.15%             | 2028-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                 | CCO Holdings LLC                                  | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3395000 | PA      | $2900891.70   | 0.40%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Bombardier, Inc.                                 | Bombardier, Inc.                                  | CUSIP: 097751BV2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1517000 | PA      | $1513374.37   | 0.21%             | 2026-06-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| LCPR Senior Secured Financing DAC                | LCPR Senior Secured Financing DAC                 | CUSIP: 50201DAD5<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    930000 | PA      | $818400.00    | 0.11%             | 2029-07-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| SRS Distribution, Inc.                           | SRS Distribution, Inc.                            | CUSIP: 78471RAC0<br>LEI: 549300ZQ3XP75BCYM468 | Long             | DBT              | CORP              | US        |   2665000 | PA      | $2291660.15   | 0.32%             | 2029-07-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Entegris, Inc.                                   | Entegris, Inc.                                    | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1063375.00   | 0.15%             | 2028-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Terraform Global Operating LP                    | Terraform Global Operating LP                     | CUSIP: 88104UAC7<br>LEI: 549300LC7QMVR79H5O86 | Long             | DBT              | CORP              | US        |   2345000 | PA      | $2221887.50   | 0.31%             | 2026-03-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Permian Resources Operating LLC                  | Permian Resources Operating LLC                   | CUSIP: 19416MAA7<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    445000 | PA      | $444733.00    | 0.06%             | 2026-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Wyndham Hotels & Resorts, Inc.                   | Wyndham Hotels & Resorts, Inc.                    | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |   2858000 | PA      | $2635949.43   | 0.36%             | 2028-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| N/A                                              | U.S. Treasury Ultra Bond                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         6 | NC      | $36400.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                             | Meritage Homes Corp.                              | CUSIP: 59001ABD3<br>LEI: 52990044W9UMFJO2FB97 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2127000.00   | 0.29%             | 2029-04-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings LLC                                 | CCO Holdings LLC                                  | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1895000 | PA      | $1806029.75   | 0.25%             | 2027-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Sensata Technologies BV                          | Sensata Technologies BV                           | CUSIP: 81725WAH6<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    930000 | PA      | $930214.71    | 0.13%             | 2024-11-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| AssuredPartners, Inc.                            | AssuredPartners, Inc.                             | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   2440000 | PA      | $2087127.20   | 0.29%             | 2029-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Neptune Bidco US, Inc.                           | Neptune Bidco US, Inc.                            | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1731000 | PA      | $1682583.93   | 0.23%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corp.                                   | Carnival Corp.                                    | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1550000 | PA      | $1286500.00   | 0.18%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HealthEquity, Inc.                               | HealthEquity, Inc.                                | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |   2380000 | PA      | $2130814.00   | 0.29%             | 2029-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Camelot Finance SA                               | Camelot Finance SA                                | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1765000 | PA      | $1678744.45   | 0.23%             | 2026-11-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Comstock Resources, Inc.                         | Comstock Resources, Inc.                          | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   3280000 | PA      | $3025800.00   | 0.42%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Gates Global LLC                                 | Gates Global LLC                                  | CUSIP: 36740LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3225000 | PA      | $3176100.94   | 0.44%             | 2026-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Chart Industries, Inc.                           | Chart Industries, Inc.                            | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |   1084000 | PA      | $1131143.16   | 0.16%             | 2031-01-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Sensata Technologies BV                          | Sensata Technologies BV                           | CUSIP: 81725WAJ2<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   3575000 | PA      | $3535657.13   | 0.49%             | 2025-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GYP Holdings III Corp.                           | GYP Holdings III Corp.                            | CUSIP: 36261NAA5<br>LEI: 549300055I1KJWZH9690 | Long             | DBT              | CORP              | US        |   3870000 | PA      | $3263087.79   | 0.45%             | 2029-05-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Kaiser Aluminum Corp.                            | Kaiser Aluminum Corp.                             | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    846000 | PA      | $715386.06    | 0.10%             | 2031-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Novelis Corp.                                    | Novelis Corp.                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1131650.00   | 0.16%             | 2026-11-15      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                | Venture Global Calcasieu Pass LLC                 | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    605000 | PA      | $616361.90    | 0.09%             | 2030-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Life Time, Inc.                                  | Life Time, Inc.                                   | CUSIP: 53190FAC9<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |    705000 | PA      | $684720.68    | 0.09%             | 2026-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Intelsat Jackson Holdings SA                     | Intelsat Jackson Holdings SA                      | CUSIP: N/A<br>LEI: 8XJ8KF85PBKK1TLMFN29       | N/A              | DE               |  | LU        |      3697 | NS      | $13863.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Realogy Group LLC                                | Realogy Group LLC                                 | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1995000 | PA      | $1551192.30   | 0.21%             | 2029-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                                              | U.S. Treasury Long Bond                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        30 | NC      | $100670.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Industries, Inc.                        | Standard Industries, Inc.                         | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    680000 | PA      | $540068.10    | 0.07%             | 2031-01-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Solaris Midstream Holdings LLC                   | Solaris Midstream Holdings LLC                    | CUSIP: 83419MAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |   1864000 | PA      | $1864000.00   | 0.26%             | 2026-04-01      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings, Inc.                              | Post Holdings, Inc.                               | CUSIP: 737446AN4<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   2368000 | PA      | $2279200.00   | 0.32%             | 2028-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Baffinland Iron Mines Corp.                      | Baffinland Iron Mines Corp.                       | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2900000 | PA      | $2816227.15   | 0.39%             | 2026-07-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Crown Americas LLC                               | Crown Americas LLC                                | CUSIP: 22819KAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3670000 | PA      | $3507244.45   | 0.48%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC           | Ardagh Metal Packaging Finance USA LLC            | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1272418.50   | 0.18%             | 2028-09-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Videotron Ltd.                                   | Videotron Ltd.                                    | CUSIP: 92660FAK0<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |   1828000 | PA      | $1754733.76   | 0.24%             | 2027-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                      | Allied Universal Holdco LLC                       | CUSIP: 019576AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    618000 | PA      | $594979.50    | 0.08%             | 2026-07-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                    | TerraForm Power Operating LLC                     | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   1505000 | PA      | $1354473.66   | 0.19%             | 2030-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                    | Clearway Energy Operating LLC                     | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   5595000 | PA      | $4726823.85   | 0.65%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ERO Copper Corp.                                 | ERO Copper Corp.                                  | CUSIP: 296006AA7<br>LEI: 549300KL8A21SEIO8I47 | Long             | DBT              | CORP              | CA        |   1757000 | PA      | $1496371.22   | 0.21%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                           | Tenet Healthcare Corp.                            | CUSIP: 88033GDP2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1128000 | PA      | $1094960.88   | 0.15%             | 2030-06-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Sands China Ltd.                                 | Sands China Ltd.                                  | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |   1960000 | PA      | $1785580.58   | 0.25%             | 2030-06-18      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Virgin Media Vendor Financing Notes IV DAC       | Virgin Media Vendor Financing Notes IV DAC        | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |   4410000 | PA      | $4002516.00   | 0.55%             | 2028-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Telenet Finance Luxembourg Notes SARL            | Telenet Finance Luxembourg Notes SARL             | CUSIP: N/A<br>LEI: 2138007RI9GLJPCC3E25       | Long             | DBT              | CORP              | LU        |   4600000 | PA      | $4273400.00   | 0.59%             | 2028-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| EQM Midstream Partners LP                        | EQM Midstream Partners LP                         | CUSIP: 26885BAK6<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $969151.30    | 0.13%             | 2029-01-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| American Builders & Contractors Supply Co., Inc. | American Builders & Contractors Supply Co., Inc.  | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |   4945000 | PA      | $4505241.15   | 0.62%             | 2028-01-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| International Game Technology plc                | International Game Technology plc                 | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    830000 | PA      | $830000.00    | 0.11%             | 2027-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| TerraForm Power Operating LLC                    | TerraForm Power Operating LLC                     | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |   3995000 | PA      | $3752593.39   | 0.52%             | 2028-01-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS Corp.                                   | DISH DBS Corp.                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2015000 | PA      | $1281318.35   | 0.18%             | 2029-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating LLC                  | Permian Resources Operating LLC                   | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   2361000 | PA      | $2212971.20   | 0.31%             | 2029-07-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| IQVIA, Inc.                                      | IQVIA, Inc.                                       | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    978000 | PA      | $953550.00    | 0.13%             | 2026-10-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Virgin Media Finance plc                         | Virgin Media Finance plc                          | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |   3640000 | PA      | $3055379.60   | 0.42%             | 2030-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WMG Acquisition Corp.                            | WMG Acquisition Corp.                             | CUSIP: 92933BAQ7<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |   2882000 | PA      | $2540483.00   | 0.35%             | 2030-07-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Dun & Bradstreet Corp. (The)                     | Dun & Bradstreet Corp. (The)                      | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2324439.63   | 0.32%             | 2029-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PBF Holding Co. LLC                              | PBF Holding Co. LLC                               | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1414260.00   | 0.20%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Newell Brands, Inc.                              | Newell Brands, Inc.                               | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1654000 | PA      | $1672024.18   | 0.23%             | 2029-09-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Sprint LLC                                       | Sprint LLC                                        | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   2331000 | PA      | $2465420.63   | 0.34%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                         | Group 1 Automotive, Inc.                          | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   2796000 | PA      | $2458970.16   | 0.34%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| 180 Medical, Inc.                                | 180 Medical, Inc.                                 | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |   2775000 | PA      | $2459375.52   | 0.34%             | 2029-10-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Taylor Morrison Communities, Inc.                | Taylor Morrison Communities, Inc.                 | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |   3046000 | PA      | $2954665.69   | 0.41%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Madison IAQ LLC                                  | Madison IAQ LLC                                   | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |   3293000 | PA      | $2612139.32   | 0.36%             | 2029-06-30      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Southwestern Energy Co.                          | Southwestern Energy Co.                           | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1741437.50   | 0.24%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EQM Midstream Partners LP                        | EQM Midstream Partners LP                         | CUSIP: 26885BAH3<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |    246000 | PA      | $241574.46    | 0.03%             | 2027-07-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| DaVita, Inc.                                     | DaVita, Inc.                                      | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   2970000 | PA      | $2502225.00   | 0.35%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| NFP Corp.                                        | NFP Corp.                                         | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   2492000 | PA      | $2154732.72   | 0.30%             | 2028-08-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Cable One, Inc.                                  | Cable One, Inc.                                   | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2246837.17   | 0.31%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                     | Royal Caribbean Cruises Ltd.                      | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   2920000 | PA      | $2511200.00   | 0.35%             | 2028-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Consolidated Energy Finance SA                   | Consolidated Energy Finance SA                    | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   2254000 | PA      | $1960980.00   | 0.27%             | 2028-10-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CNX Resources Corp.                              | CNX Resources Corp.                               | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    733000 | PA      | $712835.17    | 0.10%             | 2031-01-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BWX Technologies, Inc.                           | BWX Technologies, Inc.                            | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   4559000 | PA      | $4080438.67   | 0.56%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| DISH DBS Corp.                                   | DISH DBS Corp.                                    | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1380000 | PA      | $1120780.80   | 0.15%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                   | NCL Corp. Ltd.                                    | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   2080000 | PA      | $1799158.40   | 0.25%             | 2026-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Spectrum Brands, Inc.                            | Spectrum Brands, Inc.                             | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |   1735000 | PA      | $1398809.05   | 0.19%             | 2031-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Cellnex Finance Co. SA                           | Cellnex Finance Co. SA                            | CUSIP: 15118JAA3<br>LEI: 549300OUROMFTRFA7T23 | Long             | DBT              | CORP              | ES        |   1390000 | PA      | $1026038.55   | 0.14%             | 2041-07-07      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Penske Automotive Group, Inc.                    | Penske Automotive Group, Inc.                     | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |   2960000 | PA      | $2503068.26   | 0.35%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Moog, Inc.                                       | Moog, Inc.                                        | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |   3495000 | PA      | $3241612.50   | 0.45%             | 2027-12-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| GFL Environmental, Inc.                          | GFL Environmental, Inc.                           | CUSIP: 36168QAN4<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $902540.00    | 0.12%             | 2029-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Ingevity Corp.                                   | Ingevity Corp.                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |   3287000 | PA      | $2881017.17   | 0.40%             | 2028-11-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Fertitta Entertainment LLC                       | Fertitta Entertainment LLC                        | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2430000 | PA      | $2016900.00   | 0.28%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| SLM Corp.                                        | SLM Corp.                                         | CUSIP: 78442PGE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1285000 | PA      | $1134912.00   | 0.16%             | 2026-11-02      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corp.                       | Garda World Security Corp.                        | CUSIP: 36257BAA7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   2027000 | PA      | $2001841.85   | 0.28%             | 2027-11-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Sirius XM Radio, Inc.                            | Sirius XM Radio, Inc.                             | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   4730000 | PA      | $4432719.50   | 0.61%             | 2029-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Clarios Global LP                                | Clarios Global LP                                 | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2975000 | PA      | $2963135.40   | 0.41%             | 2027-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Aretec Escrow Issuer, Inc.                       | Aretec Escrow Issuer, Inc.                        | CUSIP: 040133AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2420000 | PA      | $2147750.00   | 0.30%             | 2029-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP                     | MPT Operating Partnership LP                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    655000 | PA      | $530003.57    | 0.07%             | 2026-10-15      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| Novelis Corp.                                    | Novelis Corp.                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   1367000 | PA      | $1153748.00   | 0.16%             | 2031-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Merlin Entertainments Ltd.                       | Merlin Entertainments Ltd.                        | CUSIP: 59010QAB2<br>LEI: 549300ZTI0VEFO6WV007 | Long             | DBT              | CORP              | GB        |   1161000 | PA      | $1105393.29   | 0.15%             | 2026-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| CrownRock LP                                     | CrownRock LP                                      | CUSIP: 228701AG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2955000 | PA      | $2706630.18   | 0.37%             | 2029-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Standard Industries, Inc.                        | Standard Industries, Inc.                         | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   2025000 | PA      | $1897728.75   | 0.26%             | 2028-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Fair Isaac Corp.                                 | Fair Isaac Corp.                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    816000 | PA      | $757660.08    | 0.10%             | 2028-06-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LPL Holdings, Inc.                               | LPL Holdings, Inc.                                | CUSIP: 50212YAF1<br>LEI: 549300Z5YF8CCRMYUL26 | Long             | DBT              | CORP              | US        |   1343000 | PA      | $1175944.23   | 0.16%             | 2031-05-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| CSC Holdings LLC                                 | CSC Holdings LLC                                  | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3990000 | PA      | $2513700.00   | 0.35%             | 2030-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corp.                            | OneMain Finance Corp.                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2310000 | PA      | $2294881.05   | 0.32%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TriNet Group, Inc.                               | TriNet Group, Inc.                                | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |   3943000 | PA      | $3311055.39   | 0.46%             | 2029-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Mattel, Inc.                                     | Mattel, Inc.                                      | CUSIP: 577081AW2<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |    975000 | PA      | $834458.56    | 0.12%             | 2041-11-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Dana, Inc.                                       | Dana, Inc.                                        | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |   1495000 | PA      | $1265224.66   | 0.17%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                | Alliant Holdings Intermediate LLC                 | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1019509.70   | 0.14%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| GTCR AP Finance, Inc.                            | GTCR AP Finance, Inc.                             | CUSIP: 40060QAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    755000 | PA      | $741342.05    | 0.10%             | 2027-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Axalta Coating Systems LLC                       | Axalta Coating Systems LLC                        | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |   3805000 | PA      | $3272300.00   | 0.45%             | 2029-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| Mattel, Inc.                                     | Mattel, Inc.                                      | CUSIP: 577081BE1<br>LEI: 549300VELLG24KHTJ564 | Long             | DBT              | CORP              | US        |   2670000 | PA      | $2489787.76   | 0.34%             | 2026-04-01      | Fixed         | 3.38%                 | 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      | $-269.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GFL Environmental, Inc.                          | GFL Environmental, Inc.                           | CUSIP: 36168QAJ3<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    550000 | PA      | $530396.36    | 0.07%             | 2025-06-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Medline Borrower LP                              | Medline Borrower LP                               | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1515000 | PA      | $1268487.09   | 0.18%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Howard Hughes Corp. (The)                        | Howard Hughes Corp. (The)                         | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |   3451000 | PA      | $2980007.52   | 0.41%             | 2029-02-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Coeur Mining, Inc.                               | Coeur Mining, Inc.                                | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |   3089000 | PA      | $2487274.35   | 0.34%             | 2029-02-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Virtusa Corp.                                    | Virtusa Corp.                                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |   2145000 | PA      | $1801800.00   | 0.25%             | 2028-12-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| Newell Brands, Inc.                              | Newell Brands, Inc.                               | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1587000 | PA      | $1595236.53   | 0.22%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                   | Carnival Corp.                                    | CUSIP: 143658BJ0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    965000 | PA      | $991537.50    | 0.14%             | 2027-08-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Prestige Brands, Inc.                            | Prestige Brands, Inc.                             | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2101550.00   | 0.29%             | 2028-01-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Organon & Co.                                    | Organon & Co.                                     | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2351000 | PA      | $2122459.29   | 0.29%             | 2031-04-30      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Garden Spinco Corp.                              | Garden Spinco Corp.                               | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2720000 | PA      | $2910406.85   | 0.40%             | 2030-07-20      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| Summer BC Bidco B LLC                            | Summer BC Bidco B LLC                             | CUSIP: 865632AA1<br>LEI: 213800CCW2O2WZ7YV169 | Long             | DBT              | CORP              | US        |   2545000 | PA      | $2091769.83   | 0.29%             | 2026-10-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Patrick Industries, Inc.                         | Patrick Industries, Inc.                          | CUSIP: 703343AC7<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |   3110000 | PA      | $3077189.50   | 0.43%             | 2027-10-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                      | Caesars Entertainment, Inc.                       | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1784000 | PA      | $1815220.00   | 0.25%             | 2030-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                      | Allied Universal Holdco LLC                       | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1480000 | PA      | $1190808.00   | 0.16%             | 2029-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NextEra Energy Operating Partners LP             | NextEra Energy Operating Partners LP              | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   2075000 | PA      | $1953031.50   | 0.27%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| MPT Operating Partnership LP                     | MPT Operating Partnership LP                      | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2752000 | PA      | $2326361.92   | 0.32%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                 | CSC Holdings LLC                                  | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2425000 | PA      | $1792729.75   | 0.25%             | 2030-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Life Time, Inc.                                  | Life Time, Inc.                                   | CUSIP: 53190FAA3<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   2070000 | PA      | $1989311.40   | 0.27%             | 2026-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| New Enterprise Stone & Lime Co., Inc.            | New Enterprise Stone & Lime Co., Inc.             | CUSIP: 644274AG7<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |   2352000 | PA      | $2230366.46   | 0.31%             | 2028-07-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| NCL Corp. Ltd.                                   | NCL Corp. Ltd.                                    | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    560000 | PA      | $520660.00    | 0.07%             | 2027-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Match Group Holdings II LLC                      | Match Group Holdings II LLC                       | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   3115000 | PA      | $2865083.55   | 0.40%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-02

**Name of Applicant:** MFS Series Trust III

**Signature:** Kasey Phillips

**Name of Signer:** Kasey Phillips

**Title:** Assistant Treasurer