# EDGAR Filing Document

**Accession Number:** 0001562565
**File Stem:** 0001752724-25-176764
**Filing Date:** 2025-7
**Character Count:** 468232
**Document Hash:** 08ff2e04bb41d768b47ad0bdb248cd96
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-176764.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001752724-25-176764

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fidelity Merrimack Street Trust
- **CENTRAL INDEX KEY:** 0001562565

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22796
- **FILM NUMBER:** 251146346

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity Tactical Bond ETF (Series ID: S000079047)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000239880 | Fidelity Tactical Bond ETF | FTBD            |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Tactical Bond ETF**

**May 31, 2025**

TBE-NPRT3-0725

1.9906546.102 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Asset-Backed Securities - 1.4%** | &nbsp;&nbsp;**Asset-Backed Securities - 1.4%** | &nbsp;&nbsp;**Asset-Backed Securities - 1.4%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| GRAND CAYMAN (UK OVERSEAS TER) - 0.6%  |  |  |
| Horizon Aircraft Finance Ltd Series 2019-1 Class A, 3.721% 7/15/2039 (b) | 73699 | 71192 |
| Thunderbolt III Aircraft Lease Ltd Series 2019-1 Class A, 3.671% 11/15/2039 (b) | 103328 | 99996 |
| TOTAL GRAND CAYMAN (UK OVERSEAS TER) |  | 171188 |
| UNITED STATES - 0.8%  |  |  |
| DB Master Finance LLC Series 2017-1A Class A2II, 4.03% 11/20/2047 (b) | 115938 | 114101 |
| Subway Funding LLC Series 2024-1A Class A2I, 6.028% 7/30/2054 (b) | 24875 | 25104 |
| Subway Funding LLC Series 2024-3A Class A23, 5.914% 7/30/2054 (b) | 24875 | 24279 |
| Subway Funding LLC Series 2024-3A Class A2I, 5.246% 7/30/2054 (b) | 24875 | 24428 |
| Subway Funding LLC Series 2024-3A Class A2II, 5.566% 7/30/2054 (b) | 24875 | 24413 |
| TOTAL UNITED STATES |  | 212325 |
| <br> **TOTAL ASSET-BACKED SECURITIES**<br> (Cost $362,651) |  | <br> **383513** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Bank Loan Obligations - 1.8%** | &nbsp;&nbsp;**Bank Loan Obligations - 1.8%** | &nbsp;&nbsp;**Bank Loan Obligations - 1.8%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| CANADA - 0.0%  |  |  |
| Information Technology - 0.0% |  |  |
| Software - 0.0% |  |  |
| DH Corporation/Societe DH 1LN, term loan CME Term SOFR 3 month Index + 7.25%, 11.428% 9/13/2029 (c)(d)(e)(f) | 113 | 113 |
| FINLAND - 0.0%  |  |  |
| Materials - 0.0% |  |  |
| Paper & Forest Products - 0.0% |  |  |
| Ahlstrom Holding 3 Oy Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4.25%, 0% 5/22/2030 (c)(d)(e)(g) | 8000 | 7900 |
| FRANCE - 0.0%  |  |  |
| Communication Services - 0.0% |  |  |
| Diversified Telecommunication Services - 0.0% |  |  |
| Altice France SA Tranche B14 1LN, term loan CME Term SOFR 3 month Index + 5.5%, 9.7561% 8/15/2028 (c)(d)(e) | 10972 | 10079 |
| Media - 0.0% |  |  |
| Numericable US LLC Tranche B-13 1LN, term loan CME Term SOFR 6 month Index + 4%, 10.5% 8/14/2026 (c)(d)(e) | 997 | 888 |
| TOTAL FRANCE |  | 10967 |
| UNITED STATES - 1.8%  |  |  |
| Communication Services - 0.1% |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |
| Connect Holding II LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 5%, 10.0451% 10/3/2031 (c)(d)(e) | 2016 | 1527 |
| Connect Holding II LLC Tranche B-DD 1LN, term loan CME Term SOFR 1 month Index + 4.25%, 0% 4/3/2031 (c)(d)(e)(g) | 8965 | 8245 |
| Connect Holding II LLC Tranche B-DD 1LN, term loan CME Term SOFR 1 month Index + 4.25%, 0% 4/3/2031 (c)(d)(e)(g) | 7035 | 6470 |
| Lumen Technologies Inc Tranche B2 1LN, term loan CME Term SOFR 1 month Index + 2.35%, 6.7913% 4/15/2030 (c)(d)(e) | 9987 | 9878 |
|  |  | 26120 |
| Media - 0.0% |  |  |
| CSC Holdings LLC Tranche B6 1LN, term loan CME Term SOFR 1 month Index + 4.5%, 8.8287% 1/18/2028 (c)(d)(e) | 2992 | 2951 |
| TOTAL COMMUNICATION SERVICES |  | 29071 |
| Consumer Discretionary - 0.6% |  |  |
| Broadline Retail - 0.0% |  |  |
| CMG Media Corp Tranche B2 1LN, term loan CME Term SOFR 3 month Index + 3.5%, 7.8992% 6/18/2029 (c)(d)(e) | 9955 | 9432 |
| Diversified Consumer Services - 0.2% |  |  |
| Spin Holdco Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.5618% 3/4/2028 (c)(d)(e) | 26728 | 22758 |
| TKC Holdings Inc 1LN, term loan 13.5% 2/15/2027 (c)(e) | 8454 | 7767 |
|  |  | 30525 |
| Hotels, Restaurants & Leisure - 0.3% |  |  |
| ClubCorp Holdings Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 5%, 9.5608% 9/18/2026 (c)(d)(e) | 1998 | 1997 |
| Eagle Parent Corp Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.25%, 8.5492% 4/2/2029 (c)(d)(e) | 8972 | 8714 |
| Flynn Restaurant Group LP Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 8.0768% 1/28/2032 (c)(d)(e) | 10000 | 9910 |
| Horizon US Finco LP Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4.75%, 9.0297% 10/31/2031 (c)(d)(e) | 5987 | 5545 |
| MajorDrive Holdings IV LLC 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.5608% 6/1/2028 (c)(d)(e) | 7979 | 7755 |
| United PF Holdings LLC 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.5413% 12/30/2026 (c)(d)(e) | 23839 | 22898 |
| United PF Holdings LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 8.5%, 13.0413% 12/30/2026 (c)(d)(e) | 995 | 962 |
|  |  | 57781 |
| Household Durables - 0.1% |  |  |
| TGP Holdings III LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.6768% 6/29/2028 (c)(d)(e) | 11998 | 10551 |
| Weber-Stephen Products LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.25%, 7.6913% 10/30/2027 (c)(d)(e) | 4968 | 4921 |
| Weber-Stephen Products LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 4.25%, 8.6768% 10/30/2027 (c)(d)(e) | 9974 | 9916 |
|  |  | 25388 |
| Specialty Retail - 0.0% |  |  |
| LBM Acquisition LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 8.1752% 6/6/2031 (c)(d)(e) | 7809 | 6992 |
| Staples Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 5.75%, 10.0259% 9/4/2029 (c)(d)(e) | 5960 | 5320 |
|  |  | 12312 |
| TOTAL CONSUMER DISCRETIONARY |  | 135438 |
| Consumer Staples - 0.0% |  |  |
| Food Products - 0.0% |  |  |
| Del Monte Foods Corp II Inc 1LN, term loan CME Term SOFR 3 month Index + 8.15%, 15.4685% 8/2/2028 (c)(d)(e) | 4036 | 3733 |
| Del Monte Foods Corp II Inc Tranche FLFO B 1LN, term loan CME Term SOFR 3 month Index + 8%, 12.409% 8/2/2028 (c)(d)(e) | 1173 | 1085 |
|  |  | 4818 |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| New Fortress Energy Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 5.5%, 9.7948% 10/30/2028 (c)(d)(e) | 40000 | 21644 |
| Financials - 0.1% |  |  |
| Financial Services - 0.1% |  |  |
| CFC USA 2025 LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 0% 5/30/2032 (c)(d)(e)(g) | 5000 | 4950 |
| WH Borrower LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.75%, 9.072% 2/20/2032 (c)(d)(e) | 9000 | 8913 |
|  |  | 13863 |
| Insurance - 0.0% |  |  |
| Asurion LLC Tranche B3 2LN, term loan CME Term SOFR 1 month Index + 5.25%, 9.6913% 1/31/2028 (c)(d)(e) | 7000 | 6746 |
| TOTAL FINANCIALS |  | 20609 |
| Health Care - 0.1% |  |  |
| Health Care Providers & Services - 0.1% |  |  |
| Cano Health LLC 1LN, term loan CME Term SOFR 3 month Index + 1%, 13.7992% 6/28/2029 (c)(d)(e) | 2781 | 2461 |
| HAH Group Holding Co LLC 1LN, term loan CME Term SOFR 1 month Index + 5%, 9.3268% 9/24/2031 (c)(d)(e) | 3000 | 2936 |
| ModivCare Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.75%, 9.0492% 7/1/2031 (c)(d)(e) | 4963 | 3330 |
| Owens & Minor Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 5.25%, 0% 4/2/2030 (c)(d)(e)(g) | 10000 | 9926 |
| Radiology Partners Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 5%, 8.0914% 1/31/2029 (c)(d)(e) | 7035 | 6969 |
|  |  | 25622 |
| Pharmaceuticals - 0.0% |  |  |
| 1261229 BC Ltd Tranche B 1LN, term loan CME Term SOFR 1 month Index + 6.25%, 10.5869% 10/8/2030 (c)(d)(e) | 10000 | 9476 |
| TOTAL HEALTH CARE |  | 35098 |
| Industrials - 0.1% |  |  |
| Building Products - 0.0% |  |  |
| Oscar Acquisitionco LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.25%, 8.5492% 4/29/2029 (c)(d)(e) | 3000 | 2699 |
| Commercial Services & Supplies - 0.1% |  |  |
| Brand Industrial Services Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.5%, 8.7759% 8/1/2030 (c)(d)(e) | 7957 | 6615 |
| Neptune Bidco US Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 5%, 9.3297% 4/11/2029 (c)(d)(e) | 9962 | 9299 |
|  |  | 15914 |
| Professional Services - 0.0% |  |  |
| Cast & Crew LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3.75%, 8.0768% 12/29/2028 (c)(d)(e) | 5959 | 5504 |
| Trading Companies & Distributors - 0.0% |  |  |
| Foundation Building Materials Inc 1LN, term loan CME Term SOFR 3 month Index + 3.25%, 7.791% 1/31/2028 (c)(d)(e) | 7979 | 7719 |
| Foundation Building Materials Inc Tranche B2 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.2798% 1/29/2031 (c)(d)(e) | 997 | 935 |
| QXO Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 3%, 7.2804% 4/30/2032 (c)(d)(e) | 1867 | 1870 |
|  |  | 10524 |
| TOTAL INDUSTRIALS |  | 34641 |
| Information Technology - 0.4% |  |  |
| Communications Equipment - 0.0% |  |  |
| CommScope LLC 1LN, term loan CME Term SOFR 1 month Index + 5.25%, 9.5768% 12/17/2029 (c)(d)(e) | 10000 | 10086 |
| IT Services - 0.1% |  |  |
| Constant Contact Inc 2LN, term loan CME Term SOFR 3 month Index + 7.5%, 12.0177% 2/12/2029 (c)(d)(e) | 1000 | 806 |
| Constant Contact Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4%, 8.5177% 2/10/2028 (c)(d)(e) | 9965 | 9336 |
| X Corp 1LN, term loan 9.5% 10/26/2029 (c) | 9000 | 8954 |
| X Corp Tranche B1 1LN, term loan CME Term SOFR 3 month Index + 6.5%, 10.9492% 10/26/2029 (c)(d)(e) | 6985 | 6914 |
|  |  | 26010 |
| Software - 0.3% |  |  |
| Ascend Learning LLC 2LN, term loan CME Term SOFR 1 month Index + 5.75%, 10.1768% 12/10/2029 (c)(d)(e) | 2351 | 2331 |
| Dcert Buyer Inc 1LN, term loan CME Term SOFR 1 month Index + 4%, 8.3268% 10/16/2026 (c)(d)(e) | 27945 | 27548 |
| Dcert Buyer Inc Tranche B 2LN, term loan CME Term SOFR 1 month Index + 7%, 11.3268% 2/19/2029 (c)(d)(e) | 9000 | 7762 |
| Finastra USA Inc 1LN, term loan CME Term SOFR 1 month Index + 7.25%, 11.428% 9/13/2029 (c)(d)(e)(f) | 4825 | 4825 |
| Leia Finco US LLC 2LN, term loan CME Term SOFR 3 month Index + 5.25%, 9.4576% 10/9/2032 (c)(d)(e) | 5000 | 4873 |
| Polaris Newco LLC Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.75%, 8.2913% 6/2/2028 (c)(d)(e) | 9987 | 9665 |
| Polaris Newco LLC Tranche PIK TERM 2LN, term loan CME Term SOFR 1 month Index + 2%, 13.4327% 6/4/2029 (c)(d)(e) | 8000 | 7687 |
|  |  | 64691 |
| Technology Hardware, Storage & Peripherals - 0.0% |  |  |
| Sandisk Corp/DE Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3%, 7.3215% 2/20/2032 (c)(d)(e) | 10000 | 9850 |
| TOTAL INFORMATION TECHNOLOGY |  | 110637 |
| Materials - 0.2% |  |  |
| Chemicals - 0.2% |  |  |
| American Rock Salt Co LLC 1LN, term loan CME Term SOFR 1 month Index + 4%, 8.5943% 6/9/2028 (c)(d)(e) | 987 | 809 |
| American Rock Salt Co LLC Tranche 1ST OUT DD TL 1LN, term loan CME Term SOFR 3 month Index + 6.5%, 2% 6/9/2028 (c)(d)(e)(h) | 233 | 232 |
| American Rock Salt Co LLC Tranche 1ST OUT TL B 1LN, term loan CME Term SOFR 3 month Index + 6.5%, 11.5943% 6/9/2028 (c)(d)(e) | 368 | 368 |
| Herens US Holdco Corp Tranche B 1LN, term loan CME Term SOFR 3 month Index + 3.925%, 8.3242% 7/3/2028 (c)(d)(e) | 11978 | 11362 |
| Hexion Holdings Corp 1LN, term loan CME Term SOFR 1 month Index + 4%, 8.3252% 3/15/2029 (c)(d)(e) | 6000 | 5956 |
| Hexion Inc 2LN, term loan CME Term SOFR 1 month Index + 7.4375%, 11.8643% 3/15/2030 (c)(d)(e) | 706 | 678 |
| M2S Group Intermediate Holdings Inc Tranche B 1LN, term loan CME Term SOFR 3 month Index + 4.75%, 9.0326% 8/25/2031 (c)(d)(e) | 12515 | 11967 |
| TPC Group Inc 1LN, term loan CME Term SOFR 1 month Index + 5.75%, 9.9524% 12/16/2031 (c)(d)(e) | 13000 | 12459 |
|  |  | 43831 |
| Metals & Mining - 0.0% |  |  |
| Vibrantz Technologies Inc 1LN, term loan CME Term SOFR 3 month Index + 4.25%, 0% 4/23/2029 (c)(d)(e)(g) | 8000 | 7025 |
| TOTAL MATERIALS |  | 50856 |
| Utilities - 0.1% |  |  |
| Independent Power and Renewable Electricity Producers - 0.1% |  |  |
| Natgasoline LLC Tranche B 1LN, term loan CME Term SOFR 1 month Index + 5.5%, 9.7992% 3/29/2030 (c)(d)(e) | 12992 | 12829 |
| Win Waste Innovations Holdings Inc Tranche B 1LN, term loan CME Term SOFR 1 month Index + 2.75%, 7.1913% 3/24/2028 (c)(d)(e) | 17947 | 17796 |
|  |  | 30625 |
| TOTAL UNITED STATES |  | 473437 |
| <br> **TOTAL BANK LOAN OBLIGATIONS**<br> (Cost $505,460) |  | <br> **492417** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Commercial Mortgage Securities - 2.2%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 2.2%** | &nbsp;&nbsp;**Commercial Mortgage Securities - 2.2%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 2.2%  |  |  |
| BX Commercial Mortgage Trust Series 2022-LP2 Class B, CME Term SOFR 1 month Index + 1.3123%, 5.641% 2/15/2039 (b)(d)(e) | 70000 | 69781 |
| BX Commercial Mortgage Trust Series 2025-SPOT Class A, CME Term SOFR 1 month Index + 1.4434%, 5.7721% 4/15/2040 (b)(d)(e) | 100000 | 100012 |
| BX Trust Series 2022-IND Class C, CME Term SOFR 1 month Index + 2.29%, 6.6187% 4/15/2037 (b)(d)(e) | 84000 | 84000 |
| BX Trust Series 2025-DIME Class B, CME Term SOFR 1 month Index + 1.5%, 5.8287% 2/15/2035 (b)(d)(e) | 83000 | 82326 |
| BX Trust Series 2025-DIME Class C, CME Term SOFR 1 month Index + 1.75%, 6.0787% 2/15/2035 (b)(d)(e) | 54000 | 53561 |
| OPEN Trust Series 2023-AIR Class A, CME Term SOFR 1 month Index + 3.0891%, 7.4178% 11/15/2040 (b)(d)(e) | 25737 | 25808 |
| OPEN Trust Series 2023-AIR Class B, CME Term SOFR 1 month Index + 3.838%, 8.1667% 11/15/2040 (b)(d)(e) | 80000 | 80000 |
| VLS Commercial Mortgage Trust Series 2020-LAB Class A, 2.13% 10/10/2042 (b) | 100000 | 82882 |
| TOTAL UNITED STATES |  | 578370 |
| <br> **TOTAL COMMERCIAL MORTGAGE SECURITIES**<br> (Cost $576,217) |  | <br> **578370** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 0.0%** | &nbsp;&nbsp;**Common Stocks - 0.0%** | &nbsp;&nbsp;**Common Stocks - 0.0%** |
|  | Shares | Value ($)<br>|
| UNITED STATES - 0.0%  |  |  |
| Energy - 0.0% |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |
| New Fortress Energy Inc  | 272 | 677 |
| Health Care - 0.0% |  |  |
| Health Care Providers & Services - 0.0% |  |  |
| Cano Health LLC (f)(i) | 444 | 5608 |
| Cano Health LLC warrants (f)(i) | 14 | 62 |
|  |  | 5670 |
| Industrials - 0.0% |  |  |
| Passenger Airlines - 0.0% |  |  |
| Spirit Aviation Holdings Inc  | 49 | 294 |
| Spirit Aviation Holdings Inc  | 33 | 197 |
|  |  | 491 |
| TOTAL UNITED STATES |  | 6838 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $12,197) |  | <br> **6838** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Convertible Corporate Bonds - 0.3%** | &nbsp;&nbsp;**Convertible Corporate Bonds - 0.3%** | &nbsp;&nbsp;**Convertible Corporate Bonds - 0.3%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| UNITED STATES - 0.3%  |  |  |
| Communication Services - 0.1% |  |  |
| Media - 0.1% |  |  |
| EchoStar Corp 3.875% 11/30/2030 pay-in-kind  | 18702 | 17950 |
| Information Technology - 0.1% |  |  |
| Semiconductors & Semiconductor Equipment - 0.1% |  |  |
| MKS Inc 1.25% 6/1/2030  | 7000 | 6399 |
| ON Semiconductor Corp 0% 5/1/2027 (j) | 7000 | 7552 |
| Wolfspeed Inc 1.875% 12/1/2029  | 29000 | 5219 |
|  |  | 19170 |
| Software - 0.0% |  |  |
| Core Scientific Inc 0% 6/15/2031 (b)(j) | 12000 | 11160 |
| Core Scientific Inc 3% 9/1/2029 (b) | 1000 | 1275 |
|  |  | 12435 |
| TOTAL INFORMATION TECHNOLOGY |  | 31605 |
| Real Estate - 0.1% |  |  |
| Real Estate Management & Development - 0.1% |  |  |
| Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp 0.25% 6/15/2026  | 12000 | 11334 |
| Redfin Corp 0.5% 4/1/2027  | 20000 | 17776 |
|  |  | 29110 |
| Utilities - 0.0% |  |  |
| Electric Utilities - 0.0% |  |  |
| PG&E Corp 4.25% 12/1/2027  | 6000 | 6225 |
| TOTAL UNITED STATES |  | 84890 |
| <br> **TOTAL CONVERTIBLE CORPORATE BONDS**<br> (Cost $93,760) |  | <br> **84890** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.0%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.0%** |
|  | Shares | Value ($)<br>|
| UNITED STATES - 0.0%  |  |  |
| Financials - 0.0% |  |  |
| Financial Services - 0.0% |  |  |
| Acrisure Holdings Inc Series A-2 (f)<br>(Cost $9,680)<br>| 402 | **9680** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 4.3%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 4.3%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 4.3%** | &nbsp;&nbsp;**Foreign Government and Government Agency Obligations - 4.3%** |
|  |  | Principal<br> Amount (a)<br>| Value ($)<br>|
| BRAZIL - 1.1%  |  |  |  |
| Brazilian Federative Republic 10% 1/1/2027  | BRL | 400000 | 66140 |
| Brazilian Federative Republic 10% 1/1/2033  | BRL | 400000 | 58034 |
| Federative Republic of Brazil 5.625% 2/21/2047  |  | 200000 | 158325 |
| TOTAL BRAZIL |  |  | 282499 |
| CANADA - 0.3%  |  |  |  |
| Canadian Government 3.25% 12/1/2034  | CAD | 123000 | 89992 |
| COLOMBIA - 0.8%  |  |  |  |
| Colombian Republic 8% 11/14/2035  |  | 200000 | 200200 |
| DOMINICAN REPUBLIC - 0.9%  |  |  |  |
| Dominican Republic Bond 4.875% 9/23/2032 (b) |  | 260000 | 237120 |
| JAPAN - 1.2%  |  |  |  |
| Japan Government 0.1% 12/20/2025  | JPY | 47900000 | 332189 |
| <br> **TOTAL FOREIGN GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS**<br> (Cost $1,154,516) |  |  | <br> **1142000** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Municipal Securities - 0.7%** | &nbsp;&nbsp;**Municipal Securities - 0.7%** | &nbsp;&nbsp;**Municipal Securities - 0.7%** |
|  | Principal<br> Amount (a)<br>| Value ($)<br>|
| Illinois - 0.7%  |  |  |
| General Obligations - 0.7% |  |  |
| Chicago IL Brd Ed Series 2009G, 1.75% 12/15/2025 <br>(Cost $194,893)<br>| 200000 | **195793** |
| <br> **TOTAL MUNICIPAL SECURITIES**<br> (Cost $194,893) |  | <br> **195793** |

---

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 39.9%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 39.9%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 39.9%** | &nbsp;&nbsp;**Non-Convertible Corporate Bonds - 39.9%** |
|  |  | Principal<br> Amount (a)<br>| Value ($)<br>|
| AUSTRALIA - 0.1%  |  |  |  |
| Materials - 0.1% |  |  |  |
| Metals & Mining - 0.1% |  |  |  |
| Mineral Resources Ltd 8% 11/1/2027 (b) |  | 16000 | 15985 |
| Mineral Resources Ltd 8.125% 5/1/2027 (b) |  | 10000 | 10008 |
| Mineral Resources Ltd 9.25% 10/1/2028 (b) |  | 5000 | 5101 |
| TOTAL AUSTRALIA |  |  | 31094 |
| BAILIWICK OF JERSEY - 0.0%  |  |  |  |
| Consumer Discretionary - 0.0% |  |  |  |
| Automobiles - 0.0% |  |  |  |
| Aston Martin Capital Holdings Ltd 10% 3/31/2029 (b) |  | 7000 | 6560 |
| BRAZIL - 0.1%  |  |  |  |
| Energy - 0.0% |  |  |  |
| Energy Equipment & Services - 0.0% |  |  |  |
| Yinson Boronia Production BV 8.947% 7/31/2042 (b) |  | 2974 | 3095 |
| Materials - 0.1% |  |  |  |
| Metals & Mining - 0.1% |  |  |  |
| ERO Copper Corp 6.5% 2/15/2030 (b) |  | 9000 | 8854 |
| Samarco Mineracao SA 9% 6/30/2031 pay-in-kind (b)(e) |  | 9434 | 9139 |
|  |  |  | 17993 |
| TOTAL BRAZIL |  |  | 21088 |
| CAMEROON - 0.0%  |  |  |  |
| Energy - 0.0% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |  |
| Golar LNG Ltd 7% 10/20/2025 (b) |  | 7000 | 7004 |
| CANADA - 1.0%  |  |  |  |
| Communication Services - 0.0% |  |  |  |
| Wireless Telecommunication Services - 0.0% |  |  |  |
| Rogers Communications Inc 7% 4/15/2055 (e) |  | 3000 | 3024 |
| Rogers Communications Inc 7.125% 4/15/2055 (e) |  | 3000 | 3004 |
|  |  |  | 6028 |
| Consumer Discretionary - 0.2% |  |  |  |
| Automobiles - 0.0% |  |  |  |
| New Flyer Holdings Inc 0% 7/1/2030 (b)(k) |  | 5000 | 5000 |
| Hotels, Restaurants & Leisure - 0.2% |  |  |  |
| 1011778 BC ULC / New Red Finance Inc 4% 10/15/2030 (b) |  | 51000 | 46903 |
| 1011778 BC ULC / New Red Finance Inc 5.625% 9/15/2029 (b) |  | 5000 | 5029 |
| 1011778 BC ULC / New Red Finance Inc 6.125% 6/15/2029 (b) |  | 4000 | 4079 |
|  |  |  | 56011 |
| TOTAL CONSUMER DISCRETIONARY |  |  | 61011 |
| Consumer Staples - 0.0% |  |  |  |
| Household Products - 0.0% |  |  |  |
| Kronos Acquisition Holdings Inc 10.75% 6/30/2032 (b) |  | 2000 | 1335 |
| Kronos Acquisition Holdings Inc 8.25% 6/30/2031 (b) |  | 3000 | 2624 |
|  |  |  | 3959 |
| Energy - 0.1% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |  |
| Baytex Energy Corp 7.375% 3/15/2032 (b) |  | 5000 | 4538 |
| Parkland Corp 4.5% 10/1/2029 (b) |  | 2000 | 1889 |
| Parkland Corp 4.625% 5/1/2030 (b) |  | 12000 | 11275 |
| Parkland Corp 6.625% 8/15/2032 (b) |  | 5000 | 5011 |
| South Bow Canadian Infrastructure Holdings Ltd 7.5% 3/1/2055 (b)(e) |  | 7000 | 6980 |
| South Bow Canadian Infrastructure Holdings Ltd 7.625% 3/1/2055 (b)(e) |  | 2000 | 2019 |
|  |  |  | 31712 |
| Industrials - 0.1% |  |  |  |
| Aerospace & Defense - 0.1% |  |  |  |
| Bombardier Inc 6.75% 6/15/2033 (b) |  | 5000 | 5069 |
| Bombardier Inc 7% 6/1/2032 (b) |  | 5000 | 5114 |
| Bombardier Inc 7.25% 7/1/2031 (b) |  | 7000 | 7219 |
| Bombardier Inc 8.75% 11/15/2030 (b) |  | 5000 | 5367 |
|  |  |  | 22769 |
| Commercial Services & Supplies - 0.0% |  |  |  |
| Wrangler Holdco Corp 6.625% 4/1/2032 (b) |  | 7000 | 7220 |
| TOTAL INDUSTRIALS |  |  | 29989 |
| Information Technology - 0.1% |  |  |  |
| Software - 0.1% |  |  |  |
| Open Text Corp 3.875% 12/1/2029 (b) |  | 38000 | 35367 |
| Open Text Corp 3.875% 2/15/2028 (b) |  | 2000 | 1916 |
|  |  |  | 37283 |
| Materials - 0.5% |  |  |  |
| Chemicals - 0.4% |  |  |  |
| Methanex Corp 5.125% 10/15/2027  |  | 47000 | 46601 |
| NOVA Chemicals Corp 4.25% 5/15/2029 (b) |  | 14000 | 13385 |
| NOVA Chemicals Corp 7% 12/1/2031 (b) |  | 5000 | 5229 |
| NOVA Chemicals Corp 8.5% 11/15/2028 (b) |  | 4000 | 4213 |
| NOVA Chemicals Corp 9% 2/15/2030 (b) |  | 5000 | 5383 |
|  |  |  | 74811 |
| Containers & Packaging - 0.1% |  |  |  |
| Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo US LLC 9.5% 5/15/2030 (b) |  | 12000 | 11932 |
| Metals & Mining - 0.0% |  |  |  |
| Capstone Copper Corp 6.75% 3/31/2033 (b) |  | 5000 | 4999 |
| Hudbay Minerals Inc 4.5% 4/1/2026 (b) |  | 3000 | 2973 |
|  |  |  | 7972 |
| TOTAL MATERIALS |  |  | 94715 |
| TOTAL CANADA |  |  | 264697 |
| CHILE - 0.1%  |  |  |  |
| Communication Services - 0.1% |  |  |  |
| Media - 0.1% |  |  |  |
| VTR Finance NV 6.375% 7/15/2028 (b) |  | 14000 | 13348 |
| Industrials - 0.0% |  |  |  |
| Construction & Engineering - 0.0% |  |  |  |
| ATP Tower Holdings / Andean Telecom Partners Chile SpA / Andean Tower Partners C 7.875% 2/3/2030 (b) |  | 7000 | 7005 |
| TOTAL CHILE |  |  | 20353 |
| COLOMBIA - 0.1%  |  |  |  |
| Energy - 0.1% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |  |
| Canacol Energy Ltd 5.75% 11/24/2028 (b) |  | 20000 | 9160 |
| Gran Tierra Energy Inc 9.5% 10/15/2029 (b) |  | 9000 | 6300 |
|  |  |  | 15460 |
| Utilities - 0.0% |  |  |  |
| Independent Power and Renewable Electricity Producers - 0.0% |  |  |  |
| Enfragen Energia Sur SA 5.375% 12/30/2030 (b) |  | 11000 | 9512 |
| TOTAL COLOMBIA |  |  | 24972 |
| CONGO DEMOCRATIC REPUBLIC OF - 0.0%  |  |  |  |
| Materials - 0.0% |  |  |  |
| Metals & Mining - 0.0% |  |  |  |
| Ivanhoe Mine Ltd 7.875% 1/23/2030 (b) |  | 12000 | 11684 |
| FINLAND - 0.0%  |  |  |  |
| Consumer Discretionary - 0.0% |  |  |  |
| Leisure Products - 0.0% |  |  |  |
| Amer Sports Co 6.75% 2/16/2031 (b)(l) |  | 8000 | 8318 |
| Materials - 0.0% |  |  |  |
| Paper & Forest Products - 0.0% |  |  |  |
| Ahlstrom Holding 3 Oy 4.875% 2/4/2028 (b) |  | 2000 | 1884 |
| TOTAL FINLAND |  |  | 10202 |
| FRANCE - 1.3%  |  |  |  |
| Communication Services - 0.3% |  |  |  |
| Diversified Telecommunication Services - 0.3% |  |  |  |
| Altice France SA 5.125% 7/15/2029 (b) |  | 42000 | 35440 |
| Altice France SA 5.5% 1/15/2028 (b) |  | 9000 | 7747 |
| Altice France SA 5.5% 10/15/2029 (b) |  | 35000 | 29736 |
| Iliad Holding SASU 7% 4/15/2032 (b) |  | 17000 | 17109 |
| Iliad Holding SASU 8.5% 4/15/2031 (b) |  | 2000 | 2107 |
|  |  |  | 92139 |
| Energy - 0.1% |  |  |  |
| Energy Equipment & Services - 0.1% |  |  |  |
| Vallourec SACA 7.5% 4/15/2032 (b) |  | 15000 | 15650 |
| Viridien 10% 10/15/2030 (b) |  | 7000 | 6605 |
|  |  |  | 22255 |
| Financials - 0.9% |  |  |  |
| Banks - 0.9% |  |  |  |
| BNP Paribas SA 0.5% 1/19/2030 (e)(m) | EUR | 100000 | 103932 |
| BPCE SA 4.25% 7/16/2035 (e)(m) | EUR | 100000 | 115829 |
|  |  |  | 219761 |
| TOTAL FRANCE |  |  | 334155 |
| GERMANY - 2.1%  |  |  |  |
| Consumer Discretionary - 0.6% |  |  |  |
| Automobile Components - 0.6% |  |  |  |
| ZF Finance GmbH 2% 5/6/2027 (m) | EUR | 100000 | 108569 |
| ZF North America Capital Inc 6.75% 4/23/2030 (b) |  | 5000 | 4748 |
| ZF North America Capital Inc 6.875% 4/23/2032 (b) |  | 7000 | 6413 |
| ZF North America Capital Inc 7.125% 4/14/2030 (b) |  | 7000 | 6749 |
|  |  |  | 126479 |
| Financials - 0.1% |  |  |  |
| Financial Services - 0.1% |  |  |  |
| KfW 0.375% 4/23/2030 (m) | EUR | 15000 | 15494 |
| KfW 2.75% 1/17/2035 (m) | EUR | 20000 | 22583 |
|  |  |  | 38077 |
| Health Care - 0.2% |  |  |  |
| Pharmaceuticals - 0.2% |  |  |  |
| Bayer AG 4.625% 5/26/2033 (m) | EUR | 55000 | 65778 |
| Industrials - 0.1% |  |  |  |
| Air Freight & Logistics - 0.1% |  |  |  |
| Deutsche Post AG 3.125% 6/5/2032 (m) | EUR | 25000 | 28390 |
| Machinery - 0.0% |  |  |  |
| TK Elevator US Newco Inc 5.25% 7/15/2027 (b) |  | 4000 | 3962 |
| TOTAL INDUSTRIALS |  |  | 32352 |
| Utilities - 1.1% |  |  |  |
| Electric Utilities - 1.1% |  |  |  |
| Amprion GmbH 3.625% 5/21/2031 (m) | EUR | 100000 | 116065 |
| EnBW Energie Baden-Wuerttemberg AG 1.375% 8/31/2081 (e)(m) | EUR | 100000 | 105426 |
| EnBW International Finance BV 3.75% 11/20/2035 (m) | EUR | 50000 | 56893 |
|  |  |  | 278384 |
| TOTAL GERMANY |  |  | 541070 |
| GHANA - 0.1%  |  |  |  |
| Energy - 0.1% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |  |
| Kosmos Energy Ltd 7.125% 4/4/2026 (b) |  | 10000 | 9610 |
| Kosmos Energy Ltd 7.5% 3/1/2028 (b) |  | 2000 | 1633 |
| Kosmos Energy Ltd 7.75% 5/1/2027 (b) |  | 3000 | 2606 |
| Kosmos Energy Ltd 8.75% 10/1/2031 (b) |  | 1000 | 760 |
| Tullow Oil PLC 10.25% 5/15/2026 (b) |  | 15000 | 12977 |
| TOTAL GHANA |  |  | 27586 |
| GRAND CAYMAN (UK OVERSEAS TER) - 0.0%  |  |  |  |
| Financials - 0.0% |  |  |  |
| Financial Services - 0.0% |  |  |  |
| Global Aircraft Leasing Co Ltd 8.75% 9/1/2027 (b) |  | 9000 | 9101 |
| GUATEMALA - 1.0%  |  |  |  |
| Communication Services - 1.0% |  |  |  |
| Wireless Telecommunication Services - 1.0% |  |  |  |
| Millicom International Cellular SA 4.5% 4/27/2031 (b) |  | 217000 | 193130 |
| Millicom International Cellular SA 7.375% 4/2/2032 (b) |  | 80000 | 80870 |
| TOTAL GUATEMALA |  |  | 274000 |
| HONG KONG - 0.0%  |  |  |  |
| Industrials - 0.0% |  |  |  |
| Marine Transportation - 0.0% |  |  |  |
| Seaspan Corp 5.5% 8/1/2029 (b) |  | 4000 | 3689 |
| IRELAND - 0.7%  |  |  |  |
| Financials - 0.7% |  |  |  |
| Banks - 0.5% |  |  |  |
| AIB Group PLC 2.875% 5/30/2031 (e)(m) | EUR | 100000 | 113175 |
| Consumer Finance - 0.0% |  |  |  |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust 6.5% 1/31/2056 (e) |  | 8000 | 7885 |
| Financial Services - 0.2% |  |  |  |
| GGAM Finance Ltd 5.875% 3/15/2030 (b) |  | 24000 | 23858 |
| GGAM Finance Ltd 6.875% 4/15/2029 (b) |  | 5000 | 5093 |
| GGAM Finance Ltd 8% 2/15/2027 (b) |  | 10000 | 10290 |
| GGAM Finance Ltd 8% 6/15/2028 (b) |  | 2000 | 2101 |
| TrueNoord Capital DAC 8.75% 3/1/2030 (b) |  | 7000 | 7259 |
|  |  |  | 48601 |
| TOTAL FINANCIALS |  |  | 169661 |
| Industrials - 0.0% |  |  |  |
| Air Freight & Logistics - 0.0% |  |  |  |
| AerCap Global Aviation Trust 6.5% 6/15/2045 (b)(e) |  | 5000 | 5005 |
| TOTAL IRELAND |  |  | 174666 |
| ISRAEL - 0.8%  |  |  |  |
| Energy - 0.0% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |  |
| Energean Israel Finance Ltd 4.875% 3/30/2026 (b)(m) |  | 4000 | 3943 |
| Energean Israel Finance Ltd 5.375% 3/30/2028 (b)(m) |  | 4000 | 3796 |
| Energean Israel Finance Ltd 5.875% 3/30/2031 (b)(m) |  | 1000 | 917 |
| Energean PLC 6.5% 4/30/2027 (b) |  | 10000 | 9775 |
|  |  |  | 18431 |
| Health Care - 0.8% |  |  |  |
| Pharmaceuticals - 0.8% |  |  |  |
| Teva Pharmaceutical Finance Netherlands IV BV 5.75% 12/1/2030  |  | 200000 | 201990 |
| TOTAL ISRAEL |  |  | 220421 |
| ITALY - 0.0%  |  |  |  |
| Financials - 0.0% |  |  |  |
| Banks - 0.0% |  |  |  |
| UniCredit SpA 5.459% 6/30/2035 (b)(e) |  | 3000 | 2934 |
| LUXEMBOURG - 1.3%  |  |  |  |
| Communication Services - 0.1% |  |  |  |
| Media - 0.1% |  |  |  |
| Altice Financing SA 5.75% 8/15/2029 (b) |  | 26000 | 19873 |
| Altice France Holding SA 6% 2/15/2028 (b) |  | 10000 | 3642 |
|  |  |  | 23515 |
| Wireless Telecommunication Services - 0.0% |  |  |  |
| Intelsat Jackson Holdings SA 6.5% 3/15/2030 (b) |  | 6000 | 5900 |
| TOTAL COMMUNICATION SERVICES |  |  | 29415 |
| Financials - 0.4% |  |  |  |
| Financial Services - 0.4% |  |  |  |
| CBRE Global Investors Open-Ended Funds SCA SICAV-SIF-Pan European Core Fund 4.75% 3/27/2034 (m) | EUR | 100000 | 118725 |
| Information Technology - 0.0% |  |  |  |
| Software - 0.0% |  |  |  |
| ION Trading Technologies Sarl 5.75% 5/15/2028 (b) |  | 5000 | 4833 |
| Materials - 0.0% |  |  |  |
| Chemicals - 0.0% |  |  |  |
| Herens Holdco Sarl 4.75% 5/15/2028 (b) |  | 3000 | 2628 |
| Real Estate - 0.8% |  |  |  |
| Real Estate Management & Development - 0.8% |  |  |  |
| Blackstone Property Partners Europe Holdings Sarl 1% 5/4/2028 (m) | EUR | 100000 | 106744 |
| Logicor Financing Sarl 0.875% 1/14/2031 (m) | EUR | 100000 | 97355 |
|  |  |  | 204099 |
| TOTAL LUXEMBOURG |  |  | 359700 |
| MAURITIUS - 0.0%  |  |  |  |
| Communication Services - 0.0% |  |  |  |
| Wireless Telecommunication Services - 0.0% |  |  |  |
| Axian Telecom 7.375% 2/16/2027 (b) |  | 4000 | 4016 |
| MEXICO - 1.5%  |  |  |  |
| Energy - 1.5% |  |  |  |
| Oil, Gas & Consumable Fuels - 1.5% |  |  |  |
| Petroleos Mexicanos 6.5% 3/13/2027  |  | 11000 | 10797 |
| Petroleos Mexicanos 7.69% 1/23/2050  |  | 500000 | 368200 |
| TOTAL MEXICO |  |  | 378997 |
| NETHERLANDS - 0.0%  |  |  |  |
| Consumer Staples - 0.0% |  |  |  |
| Consumer Staples Distribution & Retail - 0.0% |  |  |  |
| Sigma Holdco BV 7.875% 5/15/2026 (b) |  | 6000 | 5964 |
| NIGERIA - 0.1%  |  |  |  |
| Communication Services - 0.1% |  |  |  |
| Diversified Telecommunication Services - 0.1% |  |  |  |
| IHS Holding Ltd 5.625% 11/29/2026 (b) |  | 4000 | 3909 |
| IHS Holding Ltd 6.25% 11/29/2028 (b) |  | 9000 | 8691 |
| IHS Holding Ltd 8.25% 11/29/2031 (b) |  | 13000 | 12923 |
| TOTAL NIGERIA |  |  | 25523 |
| NORWAY - 0.1%  |  |  |  |
| Energy - 0.1% |  |  |  |
| Energy Equipment & Services - 0.1% |  |  |  |
| Seadrill Finance Ltd 8.375% 8/1/2030 (b) |  | 5000 | 4898 |
| TGS ASA 8.5% 1/15/2030 (b) |  | 9000 | 9158 |
| TOTAL NORWAY |  |  | 14056 |
| PANAMA - 0.1%  |  |  |  |
| Communication Services - 0.1% |  |  |  |
| Diversified Telecommunication Services - 0.0% |  |  |  |
| Sable International Finance Ltd 7.125% 10/15/2032 (b) |  | 10000 | 9803 |
| Wireless Telecommunication Services - 0.1% |  |  |  |
| C&W Senior Finance Ltd 9% 1/15/2033 (b) |  | 22000 | 21894 |
| TOTAL PANAMA |  |  | 31697 |
| PERU - 0.0%  |  |  |  |
| Materials - 0.0% |  |  |  |
| Metals & Mining - 0.0% |  |  |  |
| Volcan Cia Minera SAA 8.75% 1/24/2030 (b) |  | 9000 | 8737 |
| PUERTO RICO - 0.0%  |  |  |  |
| Communication Services - 0.0% |  |  |  |
| Media - 0.0% |  |  |  |
| Lcpr Senior Secured Financing Dac 6.75% 10/15/2027 (b) |  | 7000 | 5075 |
| SOUTH AFRICA - 0.0%  |  |  |  |
| Communication Services - 0.0% |  |  |  |
| Diversified Telecommunication Services - 0.0% |  |  |  |
| Liquid Telecommunications Financing Plc 5.5% 9/4/2026 (b) |  | 15000 | 12680 |
| SPAIN - 0.0%  |  |  |  |
| Utilities - 0.0% |  |  |  |
| Independent Power and Renewable Electricity Producers - 0.0% |  |  |  |
| Atlantica Sustainable Infrastructure Ltd 4.125% 6/15/2028 (b) |  | 9000 | 8615 |
| SWITZERLAND - 1.0%  |  |  |  |
| Financials - 0.9% |  |  |  |
| Capital Markets - 0.5% |  |  |  |
| UBS Group AG 2.125% 11/15/2029 (e)(m) | GBP | 100000 | 122676 |
| Insurance - 0.4% |  |  |  |
| Argentum Netherlands BV for Zurich Insurance Co Ltd 2.75% 2/19/2049 (e)(m) | EUR | 100000 | 110686 |
| TOTAL FINANCIALS |  |  | 233362 |
| Industrials - 0.1% |  |  |  |
| Aerospace & Defense - 0.1% |  |  |  |
| VistaJet Malta Finance PLC / Vista Management Holding Inc 6.375% 2/1/2030 (b) |  | 14000 | 12571 |
| VistaJet Malta Finance PLC / Vista Management Holding Inc 7.875% 5/1/2027 (b) |  | 10000 | 9789 |
| VistaJet Malta Finance PLC / Vista Management Holding Inc 9.5% 6/1/2028 (b) |  | 4000 | 3940 |
|  |  |  | 26300 |
| Materials - 0.0% |  |  |  |
| Chemicals - 0.0% |  |  |  |
| Consolidated Energy Finance SA 12% 2/15/2031 (b) |  | 14000 | 12825 |
| Consolidated Energy Finance SA 5.625% 10/15/2028 (b) |  | 1000 | 807 |
|  |  |  | 13632 |
| TOTAL SWITZERLAND |  |  | 273294 |
| TANZANIA - 0.1%  |  |  |  |
| Information Technology - 0.1% |  |  |  |
| Communications Equipment - 0.1% |  |  |  |
| HTA Group Ltd/Mauritius 7.5% 6/4/2029 (b) |  | 17000 | 17281 |
| UNITED KINGDOM - 3.4%  |  |  |  |
| Communication Services - 0.2% |  |  |  |
| Diversified Telecommunication Services - 0.0% |  |  |  |
| Connect Finco Sarl / Connect Us Finco LLC 9% 9/15/2029 (b) |  | 3000 | 2859 |
| Virgin Media Finance PLC 5% 7/15/2030 (b) |  | 2000 | 1814 |
|  |  |  | 4673 |
| Media - 0.2% |  |  |  |
| Virgin Media Secured Finance PLC 4.5% 8/15/2030 (b) |  | 48000 | 44323 |
| TOTAL COMMUNICATION SERVICES |  |  | 48996 |
| Consumer Discretionary - 0.0% |  |  |  |
| Automobile Components - 0.0% |  |  |  |
| Macquarie Airfinance Holdings Ltd 6.5% 3/26/2031 (b) |  | 5000 | 5196 |
| Macquarie Airfinance Holdings Ltd 8.125% 3/30/2029 (b) |  | 6000 | 6279 |
|  |  |  | 11475 |
| Consumer Staples - 0.4% |  |  |  |
| Tobacco - 0.4% |  |  |  |
| BAT International Finance PLC 4.125% 4/12/2032 (m) | EUR | 100000 | 116499 |
| Energy - 0.0% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.0% |  |  |  |
| EG Global Finance PLC 12% 11/30/2028 (b) |  | 10000 | 11026 |
| Harbour Energy PLC 5.5% 10/15/2026 (b) |  | 2000 | 1980 |
|  |  |  | 13006 |
| Financials - 1.0% |  |  |  |
| Banks - 1.0% |  |  |  |
| Barclays PLC 5.262% 1/29/2034 (e)(m) | EUR | 100000 | 124968 |
| HSBC Holdings PLC 3% 7/22/2028 (e) | GBP | 100000 | 129138 |
|  |  |  | 254106 |
| Industrials - 1.1% |  |  |  |
| Ground Transportation - 0.5% |  |  |  |
| Mobico Group PLC 3.625% 11/20/2028 (m)(n) | GBP | 100000 | 121285 |
| Transportation Infrastructure - 0.6% |  |  |  |
| Heathrow Funding Ltd 6% 3/5/2032 (m) | GBP | 100000 | 134192 |
| TOTAL INDUSTRIALS |  |  | 255477 |
| Materials - 0.0% |  |  |  |
| Chemicals - 0.0% |  |  |  |
| INEOS Quattro Finance 2 Plc 9.625% 3/15/2029 (b) |  | 2000 | 1990 |
| Utilities - 0.7% |  |  |  |
| Independent Power and Renewable Electricity Producers - 0.1% |  |  |  |
| California Buyer Ltd / Atlantica Sustainable Infrastructure PLC 6.375% 2/15/2032 (b) |  | 5000 | 4944 |
| ContourGlobal Power Holdings SA 6.75% 2/28/2030 (b) |  | 12000 | 12156 |
|  |  |  | 17100 |
| Water Utilities - 0.6% |  |  |  |
| Anglian Water Services Financing PLC 6.293% 7/30/2030 (m) | GBP | 25000 | 34587 |
| Severn Trent Utilities Finance PLC 4.625% 11/30/2034 (m) | GBP | 100000 | 124036 |
|  |  |  | 158623 |
| TOTAL UTILITIES |  |  | 175723 |
| TOTAL UNITED KINGDOM |  |  | 877272 |
| UNITED STATES - 24.8%  |  |  |  |
| Communication Services - 2.6% |  |  |  |
| Diversified Telecommunication Services - 0.2% |  |  |  |
| Consolidated Communications Inc 5% 10/1/2028 (b) |  | 2000 | 2019 |
| Level 3 Financing Inc 10% 10/15/2032 (b) |  | 1000 | 1005 |
| Level 3 Financing Inc 10.5% 5/15/2030 (b) |  | 32000 | 35000 |
| Level 3 Financing Inc 11% 11/15/2029 (b) |  | 358 | 406 |
| Level 3 Financing Inc 3.625% 1/15/2029 (b) |  | 5000 | 4150 |
| Level 3 Financing Inc 3.75% 7/15/2029 (b) |  | 1000 | 821 |
| Level 3 Financing Inc 3.875% 10/15/2030 (b) |  | 9000 | 7583 |
| Level 3 Financing Inc 4% 4/15/2031 (b) |  | 3000 | 2483 |
| Level 3 Financing Inc 4.25% 7/1/2028 (b) |  | 2000 | 1780 |
| Level 3 Financing Inc 4.5% 4/1/2030 (b) |  | 1000 | 879 |
| Level 3 Financing Inc 4.875% 6/15/2029 (b) |  | 1000 | 908 |
| Lumen Technologies Inc 4.125% 4/15/2030 (b) |  | 2000 | 1943 |
| Lumen Technologies Inc 4.5% 1/15/2029 (b) |  | 1000 | 885 |
|  |  |  | 59862 |
| Interactive Media & Services - 0.0% |  |  |  |
| Snap Inc 6.875% 3/1/2033 (b) |  | 5000 | 5065 |
| Media - 2.4% |  |  |  |
| Advantage Sales & Marketing Inc 6.5% 11/15/2028 (b) |  | 8000 | 6110 |
| CCO Holdings LLC / CCO Holdings Capital Corp 4.5% 6/1/2033 (b) |  | 5000 | 4447 |
| CCO Holdings LLC / CCO Holdings Capital Corp 4.5% 8/15/2030 (b) |  | 2000 | 1875 |
| CCO Holdings LLC / CCO Holdings Capital Corp 4.75% 2/1/2032 (b) |  | 82000 | 75910 |
| Charter Communications Operating LLC / Charter Communications Operating Capital 3.7% 4/1/2051  |  | 420000 | 270360 |
| Clear Channel Outdoor Holdings Inc 7.5% 6/1/2029 (b) |  | 3000 | 2652 |
| Clear Channel Outdoor Holdings Inc 7.75% 4/15/2028 (b) |  | 5000 | 4569 |
| Clear Channel Outdoor Holdings Inc 7.875% 4/1/2030 (b) |  | 5000 | 5066 |
| CSC Holdings LLC 3.375% 2/15/2031 (b) |  | 22000 | 14410 |
| CSC Holdings LLC 4.5% 11/15/2031 (b) |  | 2000 | 1352 |
| CSC Holdings LLC 4.625% 12/1/2030 (b) |  | 22000 | 10120 |
| CSC Holdings LLC 5.5% 4/15/2027 (b) |  | 16000 | 15157 |
| DISH DBS Corp 5.125% 6/1/2029  |  | 16000 | 10519 |
| DISH DBS Corp 7.375% 7/1/2028  |  | 2000 | 1374 |
| EchoStar Corp 10.75% 11/30/2029  |  | 12897 | 12961 |
| EchoStar Corp 6.75% 11/30/2030 pay-in-kind (e) |  | 4960 | 4266 |
| Outfront Media Capital LLC / Outfront Media Capital Corp 7.375% 2/15/2031 (b) |  | 5000 | 5280 |
| Sirius XM Radio LLC 4.125% 7/1/2030 (b) |  | 90000 | 81771 |
| Univision Communications Inc 4.5% 5/1/2029 (b)(l) |  | 14000 | 12427 |
| Univision Communications Inc 8% 8/15/2028 (b) |  | 6000 | 6004 |
| Univision Communications Inc 8.5% 7/31/2031 (b)(l) |  | 16000 | 15363 |
| Warnermedia Holdings Inc 5.141% 3/15/2052  |  | 123000 | 79736 |
|  |  |  | 641729 |
| TOTAL COMMUNICATION SERVICES |  |  | 706656 |
| Consumer Discretionary - 1.8% |  |  |  |
| Automobile Components - 0.0% |  |  |  |
| Adient Global Holdings Ltd 7.5% 2/15/2033 (b) |  | 6000 | 5957 |
| Clarios Global LP / Clarios US Finance Co 6.75% 2/15/2030 (b) |  | 4000 | 4074 |
| Patrick Industries Inc 6.375% 11/1/2032 (b) |  | 3000 | 2957 |
|  |  |  | 12988 |
| Automobiles - 0.0% |  |  |  |
| Rivian Holdings LLC/Rivian LLC/Rivian Automotive LLC CME Term SOFR 6 month Index + 6.0533%, 10.1513% 10/15/2026 (b)(d)(e) |  | 10000 | 10049 |
| Broadline Retail - 0.2% |  |  |  |
| CMG Media Corp 8.875% 6/18/2029 (b) |  | 3000 | 2760 |
| GrubHub Holdings Inc 5.5% 7/1/2027 (b)(l) |  | 7000 | 6458 |
| Kohl's Corp 4.25% 7/17/2025  |  | 4000 | 3970 |
| Wayfair LLC 7.25% 10/31/2029 (b)(l) |  | 19000 | 18505 |
| Wayfair LLC 7.75% 9/15/2030 (b) |  | 14000 | 13716 |
|  |  |  | 45409 |
| Diversified Consumer Services - 0.3% |  |  |  |
| Service Corp International/US 5.125% 6/1/2029  |  | 8000 | 7902 |
| Service Corp International/US 5.75% 10/15/2032  |  | 5000 | 4969 |
| Sotheby's 7.375% 10/15/2027 (b) |  | 12000 | 11816 |
| StoneMor Inc 8.5% 5/15/2029 (b) |  | 10000 | 9218 |
| TKC Holdings Inc 10.5% 5/15/2029 (b) |  | 14000 | 14392 |
| TKC Holdings Inc 6.875% 5/15/2028 (b) |  | 5000 | 4973 |
| WASH Multifamily Acquisition Inc 5.75% 4/15/2026 (b) |  | 17000 | 16960 |
|  |  |  | 70230 |
| Hotels, Restaurants & Leisure - 0.7% |  |  |  |
| Caesars Entertainment Inc 6% 10/15/2032 (b)(l) |  | 5000 | 4796 |
| Caesars Entertainment Inc 8.125% 7/1/2027 (b) |  | 8000 | 8012 |
| Carnival Corp 5.75% 3/15/2030 (b) |  | 12000 | 12028 |
| Carnival Corp 5.875% 6/15/2031 (b) |  | 10000 | 10006 |
| Carnival Corp 6.125% 2/15/2033 (b) |  | 17000 | 17047 |
| CEC Entertainment LLC 6.75% 5/1/2026 (b) |  | 11000 | 10821 |
| ClubCorp Holdings Inc 8.5% 9/15/2025 (b) |  | 6000 | 5850 |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc 4.625% 1/15/2029 (b) |  | 2000 | 1876 |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc 6.75% 1/15/2030 (b) |  | 13000 | 11806 |
| Hilton Domestic Operating Co Inc 3.625% 2/15/2032 (b) |  | 4000 | 3560 |
| Hilton Domestic Operating Co Inc 5.875% 3/15/2033 (b) |  | 24000 | 24162 |
| Hilton Domestic Operating Co Inc 6.125% 4/1/2032 (b) |  | 5000 | 5077 |
| Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc 6.625% 1/15/2032 (b) |  | 5000 | 4994 |
| Life Time Inc 6% 11/15/2031 (b) |  | 12000 | 12027 |
| MajorDrive Holdings IV LLC 6.375% 6/1/2029 (b) |  | 10000 | 7533 |
| MGM Resorts International 6.5% 4/15/2032 (l) |  | 5000 | 4990 |
| Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC 11.875% 4/15/2031 (b) |  | 6000 | 6227 |
| Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC 8.25% 4/15/2030 (b) |  | 6000 | 6106 |
| NCL Corp Ltd 6.75% 2/1/2032 (b) |  | 5000 | 5006 |
| Royal Caribbean Cruises Ltd 5.625% 9/30/2031 (b) |  | 5000 | 4942 |
| Royal Caribbean Cruises Ltd 6% 2/1/2033 (b) |  | 5000 | 5018 |
| Royal Caribbean Cruises Ltd 6.25% 3/15/2032 (b) |  | 2000 | 2027 |
| Station Casinos LLC 6.625% 3/15/2032 (b) |  | 5000 | 5007 |
| Viking Cruises Ltd 9.125% 7/15/2031 (b) |  | 5000 | 5368 |
| Yum! Brands Inc 4.625% 1/31/2032  |  | 3000 | 2845 |
|  |  |  | 187131 |
| Household Durables - 0.2% |  |  |  |
| Ashton Woods USA LLC / Ashton Woods Finance Co 4.625% 4/1/2030 (b) |  | 3000 | 2813 |
| Beazer Homes USA Inc 7.5% 3/15/2031 (b) |  | 5000 | 4906 |
| LGI Homes Inc 4% 7/15/2029 (b) |  | 2000 | 1771 |
| LGI Homes Inc 7% 11/15/2032 (b) |  | 7000 | 6500 |
| LGI Homes Inc 8.75% 12/15/2028 (b) |  | 4000 | 4117 |
| Newell Brands Inc 6.375% 5/15/2030  |  | 7000 | 6569 |
| Newell Brands Inc 6.875% 4/1/2036 (n) |  | 7000 | 6433 |
| Newell Brands Inc 7% 4/1/2046 (l)(n) |  | 5000 | 4065 |
| Newell Brands Inc 8.5% 6/1/2028 (b) |  | 9000 | 9311 |
| TopBuild Corp 4.125% 2/15/2032 (b) |  | 2000 | 1814 |
|  |  |  | 48299 |
| Specialty Retail - 0.4% |  |  |  |
| Carvana Co 14% 6/1/2031 pay-in-kind (b)(e) |  | 50017 | 58016 |
| Carvana Co 4.875% 9/1/2029 (b) |  | 1000 | 890 |
| Carvana Co 5.625% 10/1/2025 (b) |  | 10000 | 9939 |
| Carvana Co 9% 12/1/2028 pay-in-kind (b)(e) |  | 960 | 986 |
| Champions Financing Inc 8.75% 2/15/2029 (b)(l) |  | 7000 | 6520 |
| LBM Acquisition LLC 6.25% 1/15/2029 (b) |  | 5000 | 4016 |
| Sally Holdings LLC / Sally Capital Inc 6.75% 3/1/2032  |  | 5000 | 5080 |
| Staples Inc 10.75% 9/1/2029 (b) |  | 12000 | 10863 |
| Staples Inc 12.75% 1/15/2030 (b) |  | 6150 | 3959 |
| Wand NewCo 3 Inc 7.625% 1/30/2032 (b)(l) |  | 4000 | 4161 |
|  |  |  | 104430 |
| Textiles, Apparel & Luxury Goods - 0.0% |  |  |  |
| Tapestry Inc 3.05% 3/15/2032  |  | 10000 | 8726 |
| Wolverine World Wide Inc 4% 8/15/2029 (b) |  | 4000 | 3501 |
|  |  |  | 12227 |
| TOTAL CONSUMER DISCRETIONARY |  |  | 490763 |
| Consumer Staples - 0.7% |  |  |  |
| Beverages - 0.0% |  |  |  |
| Primo Water Holdings Inc / Triton Water Holdings Inc 6.25% 4/1/2029 (b) |  | 6000 | 6008 |
| Consumer Staples Distribution & Retail - 0.4% |  |  |  |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 3.5% 3/15/2029 (b) |  | 48000 | 45098 |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 4.875% 2/15/2030 (b) |  | 3000 | 2918 |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 6.25% 3/15/2033 (b) |  | 5000 | 5076 |
| C&S Group Enterprises LLC 5% 12/15/2028 (b) |  | 11000 | 9361 |
| KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc 9% 2/15/2029 (b) |  | 8000 | 8339 |
| Performance Food Group Inc 5.5% 10/15/2027 (b) |  | 8000 | 7967 |
| Performance Food Group Inc 6.125% 9/15/2032 (b) |  | 5000 | 5040 |
| US Foods Inc 5.75% 4/15/2033 (b)(l) |  | 5000 | 4912 |
| US Foods Inc 6.875% 9/15/2028 (b) |  | 7000 | 7198 |
|  |  |  | 95909 |
| Food Products - 0.3% |  |  |  |
| Fiesta Purchaser Inc 7.875% 3/1/2031 (b) |  | 7000 | 7347 |
| Fiesta Purchaser Inc 9.625% 9/15/2032 (b) |  | 3000 | 3138 |
| Lamb Weston Holdings Inc 4.375% 1/31/2032 (b) |  | 22000 | 20294 |
| Post Holdings Inc 4.625% 4/15/2030 (b) |  | 50000 | 47319 |
| Post Holdings Inc 6.25% 10/15/2034 (b) |  | 5000 | 4939 |
| Post Holdings Inc 6.25% 2/15/2032 (b) |  | 5000 | 5084 |
| Post Holdings Inc 6.375% 3/1/2033 (b) |  | 5000 | 4963 |
|  |  |  | 93084 |
| Household Products - 0.0% |  |  |  |
| Resideo Funding Inc 6.5% 7/15/2032 (b) |  | 3000 | 3024 |
| TOTAL CONSUMER STAPLES |  |  | 198025 |
| Energy - 3.9% |  |  |  |
| Energy Equipment & Services - 0.3% |  |  |  |
| Archrock Partners LP / Archrock Partners Finance Corp 6.625% 9/1/2032 (b) |  | 4000 | 4021 |
| Nabors Industries Inc 7.375% 5/15/2027 (b) |  | 7000 | 6720 |
| Nabors Industries Inc 8.875% 8/15/2031 (b) |  | 5000 | 3422 |
| Nabors Industries Inc 9.125% 1/31/2030 (b)(l) |  | 5000 | 4556 |
| Nabors Industries Ltd 7.5% 1/15/2028 (b) |  | 9000 | 7519 |
| Star Holding LLC 8.75% 8/1/2031 (b) |  | 4000 | 3609 |
| Transocean Inc 8% 2/1/2027 (b) |  | 12000 | 11731 |
| Transocean Inc 8.25% 5/15/2029 (b) |  | 5000 | 4509 |
| Transocean Inc 8.5% 5/15/2031 (b) |  | 24000 | 20628 |
| Transocean Poseidon Ltd 6.875% 2/1/2027 (b) |  | 1050 | 1051 |
| USA Compression Partners LP / USA Compression Finance Corp 6.875% 9/1/2027  |  | 11000 | 10996 |
| USA Compression Partners LP / USA Compression Finance Corp 7.125% 3/15/2029 (b) |  | 5000 | 5079 |
| Valaris Ltd 8.375% 4/30/2030 (b) |  | 5000 | 5019 |
|  |  |  | 88860 |
| Oil, Gas & Consumable Fuels - 3.6% |  |  |  |
| Antero Midstream Partners LP / Antero Midstream Finance Corp 5.375% 6/15/2029 (b) |  | 4000 | 3959 |
| California Resources Corp 7.125% 2/1/2026 (b) |  | 1000 | 999 |
| California Resources Corp 8.25% 6/15/2029 (b) |  | 30000 | 30055 |
| Calumet Specialty Products Partners LP / Calumet Finance Corp 9.75% 7/15/2028 (b) |  | 9000 | 8676 |
| Cheniere Energy Partners LP 5.75% 8/15/2034  |  | 5000 | 5018 |
| CITGO Petroleum Corp 6.375% 6/15/2026 (b) |  | 18000 | 17992 |
| CITGO Petroleum Corp 8.375% 1/15/2029 (b) |  | 7000 | 7114 |
| CNX Midstream Partners LP 4.75% 4/15/2030 (b) |  | 31000 | 28737 |
| CNX Resources Corp 7.25% 3/1/2032 (b) |  | 5000 | 5095 |
| Columbia Pipelines Operating Co LLC 5.927% 8/15/2030 (b) |  | 2000 | 2078 |
| Columbia Pipelines Operating Co LLC 6.036% 11/15/2033 (b) |  | 6000 | 6176 |
| Columbia Pipelines Operating Co LLC 6.497% 8/15/2043 (b) |  | 2000 | 2009 |
| Columbia Pipelines Operating Co LLC 6.544% 11/15/2053 (b) |  | 2000 | 2010 |
| Columbia Pipelines Operating Co LLC 6.714% 8/15/2063 (b) |  | 2000 | 2030 |
| Comstock Resources Inc 5.875% 1/15/2030 (b) |  | 1000 | 946 |
| Comstock Resources Inc 6.75% 3/1/2029 (b) |  | 31000 | 30554 |
| CQP Holdco LP / BIP-V Chinook Holdco LLC 7.5% 12/15/2033 (b) |  | 12000 | 12704 |
| CVR Energy Inc 5.75% 2/15/2028 (b) |  | 8000 | 7616 |
| CVR Energy Inc 8.5% 1/15/2029 (b) |  | 7000 | 6832 |
| Delek Logistics Partners LP / Delek Logistics Finance Corp 7.125% 6/1/2028 (b) |  | 11000 | 11046 |
| Delek Logistics Partners LP / Delek Logistics Finance Corp 8.625% 3/15/2029 (b) |  | 30000 | 31070 |
| DT Midstream Inc 5.8% 12/15/2034 (b) |  | 2000 | 1984 |
| Excelerate Energy LP 8% 5/15/2030 (b) |  | 6000 | 6211 |
| Genesis Energy LP / Genesis Energy Finance Corp 8% 5/15/2033  |  | 11000 | 11161 |
| Global Partners LP / GLP Finance Corp 6.875% 1/15/2029  |  | 39000 | 39161 |
| Global Partners LP / GLP Finance Corp 7% 8/1/2027  |  | 2000 | 2005 |
| Global Partners LP / GLP Finance Corp 8.25% 1/15/2032 (b)(l) |  | 5000 | 5198 |
| Harvest Midstream I LP 7.5% 5/15/2032 (b) |  | 5000 | 5137 |
| Harvest Midstream I LP 7.5% 9/1/2028 (b) |  | 12000 | 12185 |
| Hess Midstream Operations LP 4.25% 2/15/2030 (b) |  | 48000 | 45751 |
| Hess Midstream Operations LP 5.875% 3/1/2028 (b) |  | 12000 | 12118 |
| Hess Midstream Operations LP 6.5% 6/1/2029 (b) |  | 5000 | 5104 |
| Howard Midstream Energy Partners LLC 7.375% 7/15/2032 (b) |  | 5000 | 5174 |
| Kinder Morgan Inc 3.6% 2/15/2051  |  | 200000 | 132748 |
| Kinetik Holdings LP 5.875% 6/15/2030 (b) |  | 5000 | 4970 |
| Kinetik Holdings LP 6.625% 12/15/2028 (b) |  | 12000 | 12239 |
| Moss Creek Resources Holdings Inc 8.25% 9/1/2031 (b) |  | 8000 | 7714 |
| MPLX LP 5% 3/1/2033  |  | 50000 | 48523 |
| MPLX LP 5.65% 3/1/2053  |  | 50000 | 44275 |
| New Fortress Energy Inc 6.5% 9/30/2026 (b) |  | 1000 | 599 |
| Northern Oil & Gas Inc 8.75% 6/15/2031 (b) |  | 5000 | 5040 |
| PBF Holding Co LLC / PBF Finance Corp 6% 2/15/2028  |  | 1000 | 928 |
| PBF Holding Co LLC / PBF Finance Corp 7.875% 9/15/2030 (b) |  | 19000 | 16517 |
| PBF Holding Co LLC / PBF Finance Corp 9.875% 3/15/2030 (b) |  | 12000 | 11473 |
| Permian Resources Operating LLC 6.25% 2/1/2033 (b) |  | 4000 | 3946 |
| Permian Resources Operating LLC 7% 1/15/2032 (b) |  | 6000 | 6155 |
| Rockies Express Pipeline LLC 6.75% 3/15/2033 (b) |  | 5000 | 5150 |
| Sunoco LP / Sunoco Finance Corp 4.5% 5/15/2029  |  | 30000 | 28740 |
| Sunoco LP 6.25% 7/1/2033 (b) |  | 5000 | 5000 |
| Sunoco LP 7% 5/1/2029 (b) |  | 5000 | 5160 |
| Sunoco LP 7.25% 5/1/2032 (b) |  | 5000 | 5199 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 6% 12/31/2030 (b) |  | 12000 | 11498 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp 6% 9/1/2031 (b) |  | 45000 | 42887 |
| Talos Production Inc 9% 2/1/2029 (b) |  | 5000 | 4966 |
| Targa Resources Corp 4.2% 2/1/2033  |  | 160000 | 146246 |
| TransMontaigne Partners LLC 8.5% 6/15/2030 (b) |  | 4000 | 4083 |
| Venture Global Plaquemines LNG LLC 7.5% 5/1/2033 (b) |  | 5000 | 5222 |
| Venture Global Plaquemines LNG LLC 7.75% 5/1/2035 (b) |  | 5000 | 5265 |
|  |  |  | 938448 |
| TOTAL ENERGY |  |  | 1027308 |
| Financials - 3.3% |  |  |  |
| Banks - 0.4% |  |  |  |
| Bank of America Corp 2.299% 7/21/2032 (e) |  | 90000 | 77218 |
| HAT Holdings I LLC / HAT Holdings II LLC 3.375% 6/15/2026 (b) |  | 9000 | 8762 |
| HAT Holdings I LLC / HAT Holdings II LLC 8% 6/15/2027 (b) |  | 5000 | 5146 |
| Western Alliance Bancorp 3% 6/15/2031 (e) |  | 10000 | 9232 |
|  |  |  | 100358 |
| Capital Markets - 0.5% |  |  |  |
| Coinbase Global Inc 3.625% 10/1/2031 (b) |  | 4000 | 3481 |
| Hightower Holding LLC 6.75% 4/15/2029 (b) |  | 2000 | 1972 |
| Hightower Holding LLC 9.125% 1/31/2030 (b) |  | 5000 | 5205 |
| Jane Street Group / JSG Finance Inc 6.125% 11/1/2032 (b) |  | 13000 | 13022 |
| Jane Street Group / JSG Finance Inc 6.75% 5/1/2033 (b) |  | 10000 | 10255 |
| Jane Street Group / JSG Finance Inc 7.125% 4/30/2031 (b) |  | 5000 | 5223 |
| Jefferies Finance LLC / JFIN Co-Issuer Corp 5% 8/15/2028 (b) |  | 1000 | 947 |
| Sixth Street Specialty Lending Inc 5.625% 8/15/2030  |  | 100000 | 99604 |
| VFH Parent LLC / Valor Co-Issuer Inc 7.5% 6/15/2031 (b) |  | 5000 | 5213 |
|  |  |  | 144922 |
| Consumer Finance - 1.6% |  |  |  |
| Ally Financial Inc 6.646% 1/17/2040 (e) |  | 14000 | 13445 |
| Ally Financial Inc 6.7% 2/14/2033  |  | 2000 | 2034 |
| Capital One Financial Corp 5.468% 2/1/2029 (e) |  | 9000 | 9160 |
| Capital One Financial Corp 5.817% 2/1/2034 (e) |  | 15000 | 15196 |
| Capital One Financial Corp 7.624% 10/30/2031 (e) |  | 11000 | 12268 |
| Encore Capital Group Inc 8.5% 5/15/2030 (b) |  | 10000 | 10600 |
| Encore Capital Group Inc 9.25% 4/1/2029 (b) |  | 3000 | 3199 |
| Ford Motor Credit Co LLC 3.375% 11/13/2025  |  | 200000 | 198415 |
| Ford Motor Credit Co LLC 5.8% 3/8/2029  |  | 40000 | 39448 |
| Navient Corp 4.875% 3/15/2028  |  | 1000 | 976 |
| Navient Corp 5% 3/15/2027  |  | 6000 | 5939 |
| Navient Corp 5.5% 3/15/2029  |  | 5000 | 4810 |
| Navient Corp 5.625% 8/1/2033  |  | 1000 | 879 |
| Navient Corp 7.875% 6/15/2032  |  | 5000 | 5043 |
| OneMain Finance Corp 3.5% 1/15/2027  |  | 4000 | 3875 |
| OneMain Finance Corp 6.625% 5/15/2029  |  | 5000 | 5056 |
| OneMain Finance Corp 6.75% 3/15/2032  |  | 5000 | 4970 |
| OneMain Finance Corp 7.125% 11/15/2031  |  | 13000 | 13197 |
| OneMain Finance Corp 7.125% 9/15/2032 (k) |  | 5000 | 5031 |
| OneMain Finance Corp 7.5% 5/15/2031  |  | 24000 | 24651 |
| PRA Group Inc 8.875% 1/31/2030 (b) |  | 6000 | 6149 |
| RFNA LP 7.875% 2/15/2030 (b) |  | 3000 | 3007 |
| SLM Corp 6.5% 1/31/2030  |  | 6000 | 6187 |
|  |  |  | 393535 |
| Financial Services - 0.6% |  |  |  |
| Azorra Finance Ltd 7.75% 4/15/2030 (b) |  | 4000 | 4012 |
| Block Inc 3.5% 6/1/2031  |  | 5000 | 4518 |
| Block Inc 6.5% 5/15/2032  |  | 17000 | 17374 |
| Boost Newco Borrower LLC 7.5% 1/15/2031 (b) |  | 5000 | 5290 |
| Clue Opco LLC 9.5% 10/15/2031 (b) |  | 3000 | 3088 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 10% 11/15/2029 (b) |  | 2000 | 1949 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 5.25% 5/15/2027  |  | 27000 | 25693 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 6.25% 5/15/2026  |  | 3000 | 2972 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 9% 6/15/2030  |  | 5000 | 4532 |
| Icahn Enterprises LP / Icahn Enterprises Finance Corp 9.75% 1/15/2029  |  | 5000 | 4845 |
| Jefferson Capital Holdin 8.25% 5/15/2030 (b) |  | 5000 | 5118 |
| NFE Financing LLC 12% 11/15/2029 (b) |  | 11468 | 4920 |
| PennyMac Financial Services Inc 6.875% 2/15/2033 (b) |  | 6000 | 6032 |
| PennyMac Financial Services Inc 6.875% 5/15/2032 (b) |  | 9000 | 9043 |
| Saks Global Enterprises LLC 11% 12/15/2029 (b) |  | 11000 | 5280 |
| Shift4 Payments LLC / Shift4 Payments Finance Sub Inc 6.75% 8/15/2032 (b) |  | 10000 | 10203 |
| UWM Holdings LLC 6.625% 2/1/2030 (b) |  | 5000 | 4902 |
| Walker & Dunlop Inc 6.625% 4/1/2033 (b) |  | 5000 | 5063 |
| WEX Inc 6.5% 3/15/2033 (b) |  | 12000 | 11869 |
| Windstream Services LLC / Windstream Escrow Finance Corp 8.25% 10/1/2031 (b) |  | 21000 | 21856 |
|  |  |  | 158559 |
| Insurance - 0.1% |  |  |  |
| Acrisure LLC / Acrisure Finance Inc 7.5% 11/6/2030 (b) |  | 5000 | 5159 |
| Acrisure LLC / Acrisure Finance Inc 8.25% 2/1/2029 (b) |  | 5000 | 5171 |
| Acrisure LLC / Acrisure Finance Inc 8.5% 6/15/2029 (b) |  | 5000 | 5226 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 6.5% 10/1/2031 (b) |  | 5000 | 5040 |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer 7.375% 10/1/2032 (b) |  | 5000 | 5139 |
| AmWINS Group Inc 6.375% 2/15/2029 (b) |  | 5000 | 5070 |
| APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves 7.875% 11/1/2029 (b) |  | 6000 | 5936 |
|  |  |  | 36741 |
| Mortgage Real Estate Investment Trusts (REITs) - 0.1% |  |  |  |
| Rithm Capital Corp 6.25% 10/15/2025 (b) |  | 1000 | 1001 |
| Rithm Capital Corp 8% 4/1/2029 (b) |  | 5000 | 5013 |
| Starwood Property Trust Inc 3.625% 7/15/2026 (b) |  | 1000 | 976 |
| Starwood Property Trust Inc 6% 4/15/2030 (b) |  | 5000 | 4986 |
| Starwood Property Trust Inc 6.5% 10/15/2030 (b) |  | 5000 | 5060 |
| Starwood Property Trust Inc 6.5% 7/1/2030 (b) |  | 7000 | 7099 |
| Starwood Property Trust Inc 7.25% 4/1/2029 (b) |  | 12000 | 12475 |
|  |  |  | 36610 |
| TOTAL FINANCIALS |  |  | 870725 |
| Health Care - 3.4% |  |  |  |
| Biotechnology - 0.0% |  |  |  |
| Emergent BioSolutions Inc 3.875% 8/15/2028 (b) |  | 10000 | 7574 |
| Health Care Equipment & Supplies - 0.2% |  |  |  |
| AdaptHealth LLC 5.125% 3/1/2030 (b) |  | 7000 | 6469 |
| Avantor Funding Inc 4.625% 7/15/2028 (b) |  | 2000 | 1949 |
| Insulet Corp 6.5% 4/1/2033 (b) |  | 5000 | 5141 |
| Medline Borrower LP/Medline Co-Issuer Inc 6.25% 4/1/2029 (b) |  | 40000 | 40703 |
| Sotera Health Holdings LLC 7.375% 6/1/2031 (b) |  | 3000 | 3116 |
|  |  |  | 57378 |
| Health Care Providers & Services - 2.9% |  |  |  |
| Acadia Healthcare Co Inc 7.375% 3/15/2033 (b)(l) |  | 5000 | 5095 |
| Centene Corp 2.625% 8/1/2031  |  | 40000 | 33881 |
| Centene Corp 4.625% 12/15/2029  |  | 80000 | 77040 |
| CHS/Community Health Systems Inc 4.75% 2/15/2031 (b) |  | 70000 | 59917 |
| CHS/Community Health Systems Inc 6.125% 4/1/2030 (b) |  | 18000 | 13905 |
| CVS Health Corp 6.75% 12/10/2054 (e) |  | 21000 | 20441 |
| CVS Health Corp 7% 3/10/2055 (e) |  | 18000 | 18131 |
| DaVita Inc 4.625% 6/1/2030 (b) |  | 49000 | 45788 |
| DaVita Inc 6.75% 7/15/2033 (b) |  | 10000 | 10103 |
| DaVita Inc 6.875% 9/1/2032 (b) |  | 5000 | 5079 |
| HAH Group Holding Co LLC 9.75% 10/1/2031 (b) |  | 7000 | 6972 |
| LifePoint Health Inc 10% 6/1/2032 (b) |  | 4000 | 4184 |
| ModivCare Inc 5% 10/1/2029 (b) |  | 2000 | 100 |
| Molina Healthcare Inc 6.25% 1/15/2033 (b) |  | 18000 | 17971 |
| Owens & Minor Inc 10% 4/15/2030 (b) |  | 7000 | 7312 |
| Owens & Minor Inc 4.5% 3/31/2029 (b) |  | 4000 | 3269 |
| Owens & Minor Inc 6.625% 4/1/2030 (b) |  | 4000 | 3387 |
| Pediatrix Medical Group Inc 5.375% 2/15/2030 (b) |  | 4000 | 3872 |
| Prime Healthcare Foundation Inc 7% 12/1/2027  |  | 142000 | 144149 |
| Prime Healthcare Services Inc 9.375% 9/1/2029 (b) |  | 6000 | 6096 |
| Radiology Partners Inc 7.775% 1/31/2029 pay-in-kind (b)(e) |  | 9526 | 9574 |
| Radiology Partners Inc 9.781% 2/15/2030 pay-in-kind (b)(e) |  | 1048 | 1011 |
| Select Medical Corp 6.25% 12/1/2032 (b)(l) |  | 5000 | 4955 |
| Surgery Center Holdings Inc 7.25% 4/15/2032 (b) |  | 2000 | 1996 |
| Tenet Healthcare Corp 6.125% 6/15/2030  |  | 46000 | 46413 |
| Toledo Hospital/The Series 2018 B, 5.325% 11/15/2028  |  | 200000 | 195631 |
| US Acute Care Solutions LLC 9.75% 5/15/2029 (b) |  | 13000 | 13213 |
|  |  |  | 759485 |
| Pharmaceuticals - 0.3% |  |  |  |
| 1261229 BC Ltd 10% 4/15/2032 (b) |  | 26000 | 25741 |
| Bausch Health Americas Inc 8.5% 1/31/2027 (b) |  | 1000 | 942 |
| Bausch Health Americas Inc 9.25% 4/1/2026 (b) |  | 9000 | 8867 |
| Bausch Health Cos Inc 11% 9/30/2028 (b) |  | 4000 | 3838 |
| Bausch Health Cos Inc 4.875% 6/1/2028 (b) |  | 5000 | 4081 |
| Bausch Health Cos Inc 5.25% 1/30/2030 (b) |  | 3000 | 1703 |
| Organon & Co / Organon Foreign Debt Co-Issuer BV 4.125% 4/30/2028 (b) |  | 9000 | 8454 |
| Organon & Co / Organon Foreign Debt Co-Issuer BV 5.125% 4/30/2031 (b)(l) |  | 5000 | 4201 |
| Organon & Co / Organon Foreign Debt Co-Issuer BV 6.75% 5/15/2034 (b) |  | 5000 | 4652 |
| Organon & Co / Organon Foreign Debt Co-Issuer BV 7.875% 5/15/2034 (b) |  | 5000 | 4312 |
|  |  |  | 66791 |
| TOTAL HEALTH CARE |  |  | 891228 |
| Industrials - 3.2% |  |  |  |
| Aerospace & Defense - 1.1% |  |  |  |
| ATI Inc 7.25% 8/15/2030 (l) |  | 5000 | 5236 |
| Axon Enterprise Inc 6.125% 3/15/2030 (b) |  | 12000 | 12239 |
| Axon Enterprise Inc 6.25% 3/15/2033 (b) |  | 5000 | 5073 |
| Boeing Co 6.259% 5/1/2027  |  | 2000 | 2056 |
| Boeing Co 6.298% 5/1/2029  |  | 3000 | 3155 |
| Boeing Co 6.388% 5/1/2031  |  | 2000 | 2134 |
| Boeing Co 6.528% 5/1/2034  |  | 3000 | 3202 |
| Boeing Co 6.858% 5/1/2054  |  | 144000 | 153577 |
| Boeing Co 7.008% 5/1/2064  |  | 4000 | 4273 |
| Goat Holdco LLC 6.75% 2/1/2032 (b) |  | 5000 | 4981 |
| OneSky Flight LLC 8.875% 12/15/2029 (b) |  | 6000 | 6049 |
| Spirit AeroSystems Inc 9.75% 11/15/2030 (b) |  | 5000 | 5521 |
| TransDigm Inc 6% 1/15/2033 (b) |  | 7000 | 6927 |
| TransDigm Inc 6.375% 3/1/2029 (b) |  | 5000 | 5081 |
| TransDigm Inc 6.375% 5/31/2033 (b) |  | 10000 | 9880 |
| TransDigm Inc 7.125% 12/1/2031 (b) |  | 41000 | 42413 |
|  |  |  | 271797 |
| Air Freight & Logistics - 0.1% |  |  |  |
| Rand Parent LLC 8.5% 2/15/2030 (b)(l) |  | 30000 | 29562 |
| Stonepeak Nile Parent LLC 7.25% 3/15/2032 (b) |  | 4000 | 4142 |
|  |  |  | 33704 |
| Building Products - 0.4% |  |  |  |
| Advanced Drainage Systems Inc 6.375% 6/15/2030 (b)(l) |  | 30000 | 30368 |
| BCPE Ulysses Intermediate Inc 7.75% 4/1/2027 pay-in-kind (b)(e) |  | 14000 | 13301 |
| Builders FirstSource Inc 6.375% 3/1/2034 (b) |  | 5000 | 4982 |
| Builders FirstSource Inc 6.75% 5/15/2035 (b) |  | 15000 | 15085 |
| EMRLD Borrower LP / Emerald Co-Issuer Inc 6.625% 12/15/2030 (b) |  | 21000 | 21212 |
| EMRLD Borrower LP / Emerald Co-Issuer Inc 6.75% 7/15/2031 (b) |  | 5000 | 5117 |
| Masterbrand Inc 7% 7/15/2032 (b) |  | 2000 | 1989 |
| Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC 6.75% 4/1/2032 (b) |  | 2000 | 2015 |
| Oscar AcquisitionCo LLC / Oscar Finance Inc 9.5% 4/15/2030 (b)(l) |  | 10000 | 8021 |
| Standard Building Solutions Inc 6.5% 8/15/2032 (b) |  | 5000 | 5078 |
|  |  |  | 107168 |
| Commercial Services & Supplies - 0.9% |  |  |  |
| ADT Security Corp/The 4.125% 8/1/2029 (b)(l) |  | 48000 | 45777 |
| Allied Universal Holdco LLC / Allied Universal Finance Corp 9.75% 7/15/2027 (b) |  | 37000 | 37304 |
| Allied Universal Holdco LLC 7.875% 2/15/2031 (b) |  | 11000 | 11400 |
| Artera Services LLC 8.5% 2/15/2031 (b) |  | 39000 | 33142 |
| Brand Industrial Services Inc 10.375% 8/1/2030 (b) |  | 24000 | 21526 |
| Clean Harbors Inc 6.375% 2/1/2031 (b)(l) |  | 2000 | 2035 |
| CoreCivic Inc 4.75% 10/15/2027  |  | 12000 | 11712 |
| CoreCivic Inc 8.25% 4/15/2029  |  | 5000 | 5285 |
| GEO Group Inc/The 10.25% 4/15/2031  |  | 11000 | 12058 |
| GEO Group Inc/The 8.625% 4/15/2029  |  | 5000 | 5277 |
| GFL Environmental Inc 3.5% 9/1/2028 (b) |  | 2000 | 1905 |
| GFL Environmental Inc 6.75% 1/15/2031 (b) |  | 5000 | 5187 |
| Neptune Bidco US Inc 9.29% 4/15/2029 (b) |  | 14000 | 13248 |
| OT Midco Inc 10% 2/15/2030 (b) |  | 12000 | 9997 |
| Reworld Holding Corp 4.875% 12/1/2029 (b) |  | 7000 | 6628 |
| Waste Pro USA Inc 7% 2/1/2033 (b) |  | 5000 | 5127 |
| Williams Scotsman Inc 6.625% 4/15/2030 (b) |  | 5000 | 5125 |
| Williams Scotsman Inc 6.625% 6/15/2029 (b) |  | 7000 | 7138 |
|  |  |  | 239871 |
| Construction & Engineering - 0.1% |  |  |  |
| Amsted Industries Inc 6.375% 3/15/2033 (b) |  | 6000 | 6090 |
| Pike Corp 5.5% 9/1/2028 (b) |  | 6000 | 5951 |
| Pike Corp 8.625% 1/31/2031 (b) |  | 5000 | 5385 |
| Railworks Holdings LP / Railworks Rally Inc 8.25% 11/15/2028 (b) |  | 13000 | 13200 |
|  |  |  | 30626 |
| Electrical Equipment - 0.1% |  |  |  |
| Sensata Technologies BV 4% 4/15/2029 (b) |  | 5000 | 4693 |
| WESCO Distribution Inc 6.375% 3/15/2033 (b) |  | 12000 | 12223 |
|  |  |  | 16916 |
| Ground Transportation - 0.1% |  |  |  |
| Avis Budget Car Rental LLC / Avis Budget Finance Inc 8.375% 6/15/2032 (b) |  | 5000 | 5038 |
| Genesee & Wyoming Inc 6.25% 4/15/2032 (b) |  | 12000 | 12187 |
| XPO Inc 6.25% 6/1/2028 (b) |  | 5000 | 5050 |
|  |  |  | 22275 |
| Industrial Conglomerates - 0.0% |  |  |  |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 5.25% 10/1/2025 (b) |  | 1000 | 999 |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7% 7/15/2031 (b) |  | 5000 | 5185 |
|  |  |  | 6184 |
| Machinery - 0.0% |  |  |  |
| Enpro Inc 6.125% 6/1/2033 (b) |  | 5000 | 5038 |
| Mueller Water Products Inc 4% 6/15/2029 (b) |  | 2000 | 1897 |
|  |  |  | 6935 |
| Passenger Airlines - 0.1% |  |  |  |
| American Airlines 2016-3 Class A Pass Through Trust 7.25% 2/15/2028 (b) |  | 5000 | 5050 |
| American Airlines 2016-3 Class A Pass Through Trust 8.5% 5/15/2029 (b)(l) |  | 7000 | 7253 |
| JetBlue Airways Corp / JetBlue Loyalty LP 9.875% 9/20/2031 (b) |  | 12000 | 11870 |
| Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd 11% 3/6/2030 pay-in-kind (b)(e) |  | 1261 | 977 |
|  |  |  | 25150 |
| Professional Services - 0.1% |  |  |  |
| Amentum Holdings Inc 7.25% 8/1/2032 (b) |  | 7000 | 7141 |
| CACI International Inc 6.375% 6/15/2033 (b)(k)(o) |  | 9000 | 9175 |
| TriNet Group Inc 7.125% 8/15/2031 (b) |  | 5000 | 5155 |
|  |  |  | 21471 |
| Trading Companies & Distributors - 0.2% |  |  |  |
| Fortress Transportation and Infrastructure Investors LLC 7% 6/15/2032 (b) |  | 5000 | 5111 |
| Fortress Transportation and Infrastructure Investors LLC 7.875% 12/1/2030 (b) |  | 7000 | 7356 |
| Foundation Building Materials Inc 6% 3/1/2029 (b) |  | 5000 | 4259 |
| Herc Holdings Escrow Inc 7% 6/15/2030 (b)(k) |  | 10000 | 10302 |
| Herc Holdings Escrow Inc 7.25% 6/15/2033 (b)(k) |  | 10000 | 10292 |
| QXO Building Products Inc 6.75% 4/30/2032 (b) |  | 20000 | 20507 |
| United Rentals North America Inc 6.125% 3/15/2034 (b) |  | 5000 | 5068 |
|  |  |  | 62895 |
| TOTAL INDUSTRIALS |  |  | 844992 |
| Information Technology - 0.9% |  |  |  |
| Communications Equipment - 0.1% |  |  |  |
| CommScope LLC 4.75% 9/1/2029 (b) |  | 13000 | 12448 |
| Viasat Inc 6.5% 7/15/2028 (b) |  | 5000 | 4589 |
| Viasat Inc 7.5% 5/30/2031 (b) |  | 6000 | 4787 |
|  |  |  | 21824 |
| Electronic Equipment, Instruments & Components - 0.1% |  |  |  |
| Coherent Corp 5% 12/15/2029 (b) |  | 5000 | 4845 |
| Insight Enterprises Inc 6.625% 5/15/2032 (b) |  | 5000 | 5095 |
| Lightning Power LLC 7.25% 8/15/2032 (b) |  | 5000 | 5242 |
| TTM Technologies Inc 4% 3/1/2029 (b) |  | 4000 | 3802 |
|  |  |  | 18984 |
| IT Services - 0.1% |  |  |  |
| Acuris Finance US Inc / Acuris Finance SARL 5% 5/1/2028 (b) |  | 16000 | 15227 |
| Acuris Finance US Inc / Acuris Finance SARL 9% 8/1/2029 (b) |  | 3000 | 3065 |
| ASGN Inc 4.625% 5/15/2028 (b) |  | 5000 | 4823 |
| Cogent Communications Group Inc / Cogent Communications Finance Inc 7% 6/15/2027 (b) |  | 5000 | 5031 |
| CoreWeave Inc 9.25% 6/1/2030 (b) |  | 9000 | 8990 |
|  |  |  | 37136 |
| Semiconductors & Semiconductor Equipment - 0.2% |  |  |  |
| Entegris Inc 4.375% 4/15/2028 (b) |  | 48000 | 46342 |
| Wolfspeed Inc 7.9583% 6/23/2030 (b)(f)(h)(n) |  | 5014 | 4826 |
|  |  |  | 51168 |
| Software - 0.3% |  |  |  |
| Cloud Software Group Inc 6.5% 3/31/2029 (b) |  | 7000 | 6992 |
| Cloud Software Group Inc 8.25% 6/30/2032 (b) |  | 4000 | 4206 |
| Cloud Software Group Inc 9% 9/30/2029 (b) |  | 34000 | 34802 |
| Fair Isaac Corp 6% 5/15/2033 (b) |  | 15000 | 14972 |
| Gen Digital Inc 6.25% 4/1/2033 (b) |  | 5000 | 5056 |
| Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl 8.75% 5/1/2029 (b) |  | 3000 | 3045 |
| UKG Inc 6.875% 2/1/2031 (b) |  | 5000 | 5152 |
|  |  |  | 74225 |
| Technology Hardware, Storage & Peripherals - 0.1% |  |  |  |
| Seagate Data Storage Technology Pte Ltd 5.875% 7/15/2030 (b) |  | 5000 | 5009 |
| Seagate HDD Cayman 5.75% 12/1/2034  |  | 5000 | 4909 |
| Seagate HDD Cayman 8.25% 12/15/2029  |  | 7000 | 7462 |
| Western Digital Corp 2.85% 2/1/2029  |  | 6000 | 5483 |
| Western Digital Corp 3.1% 2/1/2032  |  | 2000 | 1727 |
| Western Digital Corp 4.75% 2/15/2026  |  | 6000 | 5980 |
|  |  |  | 30570 |
| TOTAL INFORMATION TECHNOLOGY |  |  | 233907 |
| Materials - 2.0% |  |  |  |
| Chemicals - 1.4% |  |  |  |
| Celanese US Holdings LLC 6.5% 4/15/2030 (l) |  | 85000 | 85654 |
| Celanese US Holdings LLC 6.75% 4/15/2033 (l) |  | 92000 | 89542 |
| Chemours Co/The 5.375% 5/15/2027  |  | 2000 | 1958 |
| Chemours Co/The 5.75% 11/15/2028 (b) |  | 40000 | 35816 |
| GPD Cos Inc 10.125% 4/1/2026 (b) |  | 8000 | 7692 |
| Kobe US Midco 2 Inc 9.25% 11/1/2026 pay-in-kind (b)(e) |  | 15687 | 13903 |
| Mativ Holdings Inc 8% 10/1/2029 (b) |  | 6000 | 5119 |
| Methanex US Operations Inc 6.25% 3/15/2032 (b) |  | 5000 | 4839 |
| Olin Corp 5% 2/1/2030 (l) |  | 47000 | 44485 |
| Olin Corp 6.625% 4/1/2033 (b) |  | 12000 | 11486 |
| Olympus Water US Holding Corp 6.25% 10/1/2029 (b)(l) |  | 5000 | 4641 |
| Scih Salt Hldgs Inc 4.875% 5/1/2028 (b) |  | 2000 | 1941 |
| Scih Salt Hldgs Inc 6.625% 5/1/2029 (b) |  | 6000 | 5887 |
| SCIL IV LLC / SCIL USA Holdings LLC 5.375% 11/1/2026 (b) |  | 4000 | 3980 |
| Tronox Inc 4.625% 3/15/2029 (b)(l) |  | 15000 | 12541 |
| WR Grace Holdings LLC 4.875% 6/15/2027 (b) |  | 8000 | 7888 |
| WR Grace Holdings LLC 5.625% 8/15/2029 (b) |  | 15000 | 13217 |
| WR Grace Holdings LLC 7.375% 3/1/2031 (b) |  | 1000 | 1009 |
|  |  |  | 351598 |
| Construction Materials - 0.2% |  |  |  |
| Quikrete Holdings Inc 6.375% 3/1/2032 (b) |  | 29000 | 29469 |
| Quikrete Holdings Inc 6.75% 3/1/2033 (b) |  | 11000 | 11162 |
| Smyrna Ready Mix Concrete LLC 6% 11/1/2028 (b) |  | 6000 | 5913 |
| Smyrna Ready Mix Concrete LLC 8.875% 11/15/2031 (b) |  | 5000 | 5134 |
|  |  |  | 51678 |
| Containers & Packaging - 0.2% |  |  |  |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC 4% 9/1/2029 (b) |  | 14000 | 12420 |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC 6% 6/15/2027 (b) |  | 2000 | 2005 |
| Clydesdale Acquisition Holdings Inc 6.75% 4/15/2032 (b) |  | 12000 | 12127 |
| Clydesdale Acquisition Holdings Inc 8.75% 4/15/2030 (b)(l) |  | 4000 | 4090 |
| Crown Americas LLC 5.875% 6/1/2033 (b) |  | 10000 | 9932 |
| Graham Packaging Co Inc 7.125% 8/15/2028 (b) |  | 2000 | 1964 |
| Graphic Packaging International LLC 6.375% 7/15/2032 (b) |  | 5000 | 5007 |
| Sealed Air Corp 6.5% 7/15/2032 (b) |  | 7000 | 7169 |
| Sealed Air Corp/Sealed Air Corp US 7.25% 2/15/2031 (b) |  | 5000 | 5225 |
|  |  |  | 59939 |
| Metals & Mining - 0.2% |  |  |  |
| Alcoa Nederland Holding BV 7.125% 3/15/2031 (b) |  | 11000 | 11420 |
| Cleveland-Cliffs Inc 6.875% 11/1/2029 (b)(l) |  | 5000 | 4649 |
| Cleveland-Cliffs Inc 7% 3/15/2032 (b) |  | 12000 | 10351 |
| Cleveland-Cliffs Inc 7.375% 5/1/2033 (b)(l) |  | 5000 | 4293 |
| Cleveland-Cliffs Inc 7.5% 9/15/2031 (b)(l) |  | 12000 | 10791 |
| Kaiser Aluminum Corp 4.5% 6/1/2031 (b) |  | 5000 | 4594 |
| Novelis Corp 3.25% 11/15/2026 (b) |  | 4000 | 3924 |
| Novelis Corp 3.875% 8/15/2031 (b) |  | 3000 | 2667 |
| Novelis Corp 6.875% 1/30/2030 (b) |  | 9000 | 9281 |
| Vibrantz Technologies Inc 9% 2/15/2030 (b) |  | 6000 | 4230 |
|  |  |  | 66200 |
| TOTAL MATERIALS |  |  | 529415 |
| Real Estate - 1.0% |  |  |  |
| Diversified REITs - 0.6% |  |  |  |
| Piedmont Operating Partnership LP 6.875% 7/15/2029  |  | 45000 | 46582 |
| Piedmont Operating Partnership LP 9.25% 7/20/2028  |  | 15000 | 16564 |
| Safehold GL Holdings LLC 2.8% 6/15/2031  |  | 7000 | 6150 |
| Safehold GL Holdings LLC 2.85% 1/15/2032  |  | 4000 | 3401 |
| Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC 6% 1/15/2030 (b) |  | 56000 | 51017 |
| Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC 10.5% 2/15/2028 (b) |  | 11000 | 11670 |
| Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC 6.5% 2/15/2029 (b) |  | 1000 | 943 |
|  |  |  | 136327 |
| Health Care REITs - 0.2% |  |  |  |
| MPT Operating Partnership LP / MPT Finance Corp 3.5% 3/15/2031  |  | 14000 | 9184 |
| MPT Operating Partnership LP / MPT Finance Corp 4.625% 8/1/2029  |  | 5000 | 3790 |
| MPT Operating Partnership LP / MPT Finance Corp 5% 10/15/2027  |  | 20000 | 17432 |
| MPT Operating Partnership LP / MPT Finance Corp 8.5% 2/15/2032 (b) |  | 5000 | 5125 |
| Omega Healthcare Investors Inc 3.25% 4/15/2033  |  | 9000 | 7609 |
|  |  |  | 43140 |
| Hotel & Resort REITs - 0.0% |  |  |  |
| RHP Hotel Properties LP / RHP Finance Corp 6.5% 6/15/2033 (b)(k) |  | 5000 | 5085 |
| Office REITs - 0.1% |  |  |  |
| Highwoods Realty LP 7.65% 2/1/2034  |  | 31000 | 34151 |
| Real Estate Management & Development - 0.1% |  |  |  |
| Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp 7% 4/15/2030 (b) |  | 14000 | 12789 |
| Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp 5.25% 4/15/2030 (b) |  | 2000 | 1553 |
| Brandywine Operating Partnership LP 8.875% 4/12/2029  |  | 7000 | 7454 |
| Forestar Group Inc 6.5% 3/15/2033 (b) |  | 12000 | 11899 |
| Howard Hughes Corp/The 4.375% 2/1/2031 (b) |  | 1000 | 908 |
| Kennedy-Wilson Inc 4.75% 2/1/2030 (l) |  | 5000 | 4438 |
|  |  |  | 39041 |
| TOTAL REAL ESTATE |  |  | 257744 |
| Utilities - 2.0% |  |  |  |
| Electric Utilities - 2.0% |  |  |  |
| DPL Inc 4.35% 4/15/2029  |  | 340000 | 327235 |
| Edison International 6.25% 3/15/2030 (l) |  | 3000 | 3038 |
| Edison International 7.875% 6/15/2054 (e)(l) |  | 6000 | 5773 |
| Edison International 8.125% 6/15/2053 (e)(l) |  | 6000 | 5928 |
| NRG Energy Inc 5.25% 6/15/2029 (b) |  | 7000 | 6918 |
| NRG Energy Inc 5.75% 7/15/2029 (b) |  | 31000 | 30666 |
| NRG Energy Inc 6% 2/1/2033 (b) |  | 5000 | 4954 |
| NRG Energy Inc 6.25% 11/1/2034 (b) |  | 5000 | 5002 |
| PacifiCorp 7.375% 9/15/2055 (e) |  | 8000 | 8139 |
| PG&E Corp 5% 7/1/2028  |  | 7000 | 6830 |
| PG&E Corp 5.25% 7/1/2030  |  | 17000 | 16494 |
| PG&E Corp 7.375% 3/15/2055 (e) |  | 19000 | 18605 |
| Vistra Operations Co LLC 5% 7/31/2027 (b) |  | 47000 | 46863 |
| Vistra Operations Co LLC 6.875% 4/15/2032 (b) |  | 5000 | 5201 |
| Vistra Operations Co LLC 7.75% 10/15/2031 (b) |  | 5000 | 5302 |
| XPLR Infrastructure Operating Partners LP 7.25% 1/15/2029 (b)(l) |  | 12000 | 12059 |
| XPLR Infrastructure Operating Partners LP 8.375% 1/15/2031 (b)(l) |  | 7000 | 7310 |
| XPLR Infrastructure Operating Partners LP 8.625% 3/15/2033 (b)(l) |  | 5000 | 5245 |
|  |  |  | 521562 |
| Independent Power and Renewable Electricity Producers - 0.0% |  |  |  |
| AES Corp/The 6.95% 7/15/2055 (e) |  | 10000 | 9488 |
| Alpha Generation LLC 6.75% 10/15/2032 (b) |  | 2000 | 2039 |
| Calpine Corp 4.625% 2/1/2029 (b) |  | 2000 | 1949 |
| Calpine Corp 5.125% 3/15/2028 (b) |  | 3000 | 2974 |
| Sunnova Energy Corp 5.875% 9/1/2026 (b) |  | 2000 | 595 |
|  |  |  | 17045 |
| Water Utilities - 0.0% |  |  |  |
| Aris Water Holdings LLC 7.25% 4/1/2030 (b) |  | 7000 | 7038 |
| TOTAL UTILITIES |  |  | 545645 |
| TOTAL UNITED STATES |  |  | 6596408 |
| ZAMBIA - 0.1%  |  |  |  |
| Materials - 0.1% |  |  |  |
| Metals & Mining - 0.1% |  |  |  |
| First Quantum Minerals Ltd 6.875% 10/15/2027 (b) |  | 22000 | 21729 |
| <br> **TOTAL NON-CONVERTIBLE CORPORATE BONDS**<br> (Cost $10,385,225) |  |  | <br> **10626320** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Preferred Securities - 3.4%** | &nbsp;&nbsp;**Preferred Securities - 3.4%** | &nbsp;&nbsp;**Preferred Securities - 3.4%** | &nbsp;&nbsp;**Preferred Securities - 3.4%** |
|  |  | Principal<br> Amount (a)<br>| Value ($)<br>|
| CANADA - 2.6%  |  |  |  |
| Energy - 0.9% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.9% |  |  |  |
| Enbridge Inc 5.75% 7/15/2080 (e) |  | 240000 | 237083 |
| Financials - 1.7% |  |  |  |
| Banks - 1.7% |  |  |  |
| Bank of Nova Scotia/The 4.9% (e)(p) |  | 150000 | 151681 |
| Bank of Nova Scotia/The CME Term SOFR 3 month Index + 2.9096%, 7.1513% (d)(e)(p) |  | 300000 | 295797 |
|  |  |  | 447478 |
| TOTAL CANADA |  |  | 684561 |
| GERMANY - 0.4%  |  |  |  |
| Consumer Discretionary - 0.4% |  |  |  |
| Automobiles - 0.4% |  |  |  |
| Volkswagen International Finance NV 3.875% (e)(m)(p) | EUR | 100000 | 112278 |
| UNITED STATES - 0.4%  |  |  |  |
| Energy - 0.2% |  |  |  |
| Oil, Gas & Consumable Fuels - 0.2% |  |  |  |
| Energy Transfer LP 6.625% (e)(p) |  | 24000 | 24090 |
| Energy Transfer LP Series G, 7.125% (e)(p) |  | 10000 | 10076 |
| Plains All American Pipeline LP CME Term SOFR 3 month Index + 4.3716%, 8.6979% (d)(e)(p) |  | 14000 | 13962 |
|  |  |  | 48128 |
| Financials - 0.2% |  |  |  |
| Banks - 0.0% |  |  |  |
| BW Real Estate Inc 9.5% (b)(e)(p) |  | 10000 | 10156 |
| Consumer Finance - 0.2% |  |  |  |
| Ally Financial Inc 4.7% (e)(p) |  | 3000 | 2627 |
| Ally Financial Inc 4.7% (e)(p) |  | 34000 | 32196 |
|  |  |  | 34823 |
| Insurance - 0.0% |  |  |  |
| Alliant Holdings LP 10.5% (e)(f)(p) |  | 2056 | 2087 |
| TOTAL FINANCIALS |  |  | 47066 |
| Industrials - 0.0% |  |  |  |
| Trading Companies & Distributors - 0.0% |  |  |  |
| Air Lease Corp 4.125% (e)(p) |  | 6000 | 5833 |
| Aircastle Ltd 5.25% (b)(e)(p) |  | 7000 | 7027 |
|  |  |  | 12860 |
| Utilities - 0.0% |  |  |  |
| Electric Utilities - 0.0% |  |  |  |
| Edison International 5% (e)(p) |  | 2000 | 1806 |
| TOTAL UNITED STATES |  |  | 109860 |
| <br> **TOTAL PREFERRED SECURITIES**<br> (Cost $872,147) |  |  | <br> **906699** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**U.S. Treasury Obligations - 44.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 44.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 44.3%** | &nbsp;&nbsp;**U.S. Treasury Obligations - 44.3%** |
|  | Yield (%) (q) | Principal<br> Amount (a)<br>| Value ($)<br>|
| US Treasury Bonds 3.625% 2/15/2053  | 3.80 to 3.81 | 1574000 | 1257048 |
| US Treasury Bonds 4.125% 8/15/2053  | 4.36 to 4.80 | 370000 | 323504 |
| US Treasury Bonds 4.25% 8/15/2054  | 4.34 to 4.98 | 1450400 | 1296975 |
| US Treasury Bonds 4.375% 2/15/2038  | 3.61 | 70000 | 68789 |
| US Treasury Notes 3.875% 8/15/2033  | 4.58 to 4.77 | 757000 | 736360 |
| US Treasury Notes 4% 2/15/2034  | 4.27 to 4.35 | 44000 | 42991 |
| US Treasury Notes 4% 4/30/2032  | 4.11 | 80000 | 79213 |
| US Treasury Notes 4.125% 7/31/2031  | 3.90 | 50000 | 50064 |
| US Treasury Notes 4.375% 5/15/2034  | 3.83 to 4.32 | 7438000 | 7458919 |
| US Treasury Notes 4.5% 12/31/2031 (r) | 4.70 | 400000 | 408172 |
| US Treasury Notes 4.625% 4/30/2029  | 4.72 | 30000 | 30761 |
| US Treasury Notes 4.75% 2/15/2045  | 4.54 | 30000 | 29282 |
| <br> **TOTAL U.S. TREASURY OBLIGATIONS**<br> (Cost $12,285,804) |  |  | **11782078** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 2.2%** | &nbsp;&nbsp;**Money Market Funds - 2.2%** | &nbsp;&nbsp;**Money Market Funds - 2.2%** | &nbsp;&nbsp;**Money Market Funds - 2.2%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (s) | 4.32 | 352978 | 353049 |
| Fidelity Securities Lending Cash Central Fund (s)(t) | 4.32 | 244041 | 244065 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $597,114) |  |  | **597114** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.5%**<br> (Cost $27,049,664)<br>| <br>**26805712** |
| **NET OTHER ASSETS (LIABILITIES) - (0.5)%**  | **(122030)** |
| **NET ASSETS - 100.0%** | **26683682** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  | &nbsp;&nbsp;**Futures Contracts**  |
|  | Number <br> of contracts | Expiration <br> Date | Notional <br> Amount ($)<br>| Value ($)<br>| Unrealized<br> Appreciation/<br> (Depreciation) ($)<br>|
| Purchased |  |  |  |  |  |
| Interest Rate Contracts |  |  |  |  |  |
| CBOT 2 Year US Treasury Note Contracts (United States) | 1 | Sep 2025 | 207516 | 412 | 412 |
| CBOT 5 Year US Treasury Note Contracts (United States) | 3 | Sep 2025 | 324914 | 2551 | 2551 |
| CBOT US Treasury Long Bond Contracts (United States) | 1 | Sep 2025 | 113125 | 2706 | 2706 |
| TOTAL PURCHASED |  |  |  |  | 5669 |
| Sold |  |  |  |  |  |
| Interest Rate Contracts |  |  |  |  |  |
| ICE United Kingdom of Great Britain and Northern Ireland Contracts (United Kingdom) | 1 | Sep 2025 | 123256 | (1676) | (1676) |
| **TOTAL FUTURES CONTRACTS** |  |  |  |  | **3993** |
| The notional amount of futures purchased as a percentage of Net Assets is 2.4% | The notional amount of futures purchased as a percentage of Net Assets is 2.4% | The notional amount of futures purchased as a percentage of Net Assets is 2.4% | The notional amount of futures purchased as a percentage of Net Assets is 2.4% | The notional amount of futures purchased as a percentage of Net Assets is 2.4% | The notional amount of futures purchased as a percentage of Net Assets is 2.4% |
| The notional amount of futures sold as a percentage of Net Assets is 0.5% | The notional amount of futures sold as a percentage of Net Assets is 0.5% | The notional amount of futures sold as a percentage of Net Assets is 0.5% | The notional amount of futures sold as a percentage of Net Assets is 0.5% | The notional amount of futures sold as a percentage of Net Assets is 0.5% | The notional amount of futures sold as a percentage of Net Assets is 0.5% |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** | **Forward Foreign Currency Contracts** |
| Currency<br> Purchased | Currency<br> Purchased | Currency<br> Sold | Currency<br> Sold | Counterparty | Settlement<br> Date | Unrealized <br> Appreciation/<br> (Depreciation) ($)  |
| EUR | 88000 | USD | 98354 | Canadian Imperial Bank of Commerce | 7/08/25 | 1794 |
| USD | 90328 | CAD | 126000 | HSBC BANK USA | 7/08/25 | (1650) |
| USD | 1453 | CAD | 2000 | JPMorgan Chase Bank NA | 7/08/25 | (7) |
| USD | 5607 | EUR | 5000 | Citibank NA | 7/08/25 | (83) |
| USD | 1766361 | EUR | 1551000 | Goldman Sachs Bank USA | 7/08/25 | 1249 |
| USD | 691147 | GBP | 516000 | BNP Paribas SA | 7/08/25 | (4197) |
| **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** | **TOTAL FORWARD FOREIGN CURRENCY CONTRACTS** |  | **(2894)** |
| Unrealized Appreciation | Unrealized Appreciation | Unrealized Appreciation |  |  |  | 3043 |
| Unrealized Depreciation | Unrealized Depreciation | Unrealized Depreciation |  |  |  | (5937) |

---

**Currency Abbreviations**

---

| | | |
|:---|:---|:---|
| BRL | - | Brazilian Real |
| CAD | - | Canadian Dollar |
| EUR | - | European Monetary Unit (Euro) |
| GBP | - | United Kingdom Pound |
| JPY | - | Japanese Yen |
| USD | - | United States Dollar |

---

**Legend**

(a) Amount is stated in United States dollars unless otherwise noted.

(b) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $5,950,145 or 22.3% of net assets.

(c) Remaining maturities of bank loan obligations may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted with certainty.

(d) Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.

(e) Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.

(f) Level 3 security

(g) A coupon rate of 0% signifies an unsettled loan. The coupon rate will be determined upon settlement of the loan after period end.

(h) Position or a portion of the position represents an unfunded loan commitment. At period end, the total principal amount and market value of unfunded commitments totaled $3,568 and $3,441, respectively.

(i) Non-income producing

(j) Security initially issued in zero coupon form which converts to coupon form at a specified rate and date. The rate shown is the rate at period end.

(k) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(l) Security or a portion of the security is on loan at period end.

(m) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $2,184,821 or 8.2% of net assets.

(n) Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end.

(o) A portion of the security sold on a delayed delivery basis.

(p) Security is perpetual in nature with no stated maturity date.

(q) Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.

(r) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $20,409.

(s) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(t) Investment made with cash collateral received from securities on loan.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 1217768 | 5601863 | 6466582 | 38603 | - | - | 353049 | 352978 | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 45202 | 1056845 | 857982 | 350 | - | - | 244065 | 244041 | 0.0% |
| Total | 1262970 | 6658708 | 7324564 | 38953 | - | - | 597114 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

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

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations, Bank Loan Obligations, Convertible Corporate Bonds, Foreign Government and Government Agency Obligations, Municipal Securities, Non-Convertible Corporate Bonds and Preferred Securities are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. Asset-Backed Securities and Commercial Mortgage Securities are valued by pricing services who utilize matrix pricing which considers prepayment speed assumptions, attributes of the collateral, yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. For foreign debt securities, when significant market or security specific events arise, valuations may be determined in good faith in accordance with procedures adopted by the Board. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.

The Fund invests a significant portion of its assets in below investment grade securities. The value of these securities can be more volatile due to changes in the credit quality of the issuer and is sensitive to changes in economic, market and regulatory conditions.

The U.S. dollar value of forward foreign currency contracts is determined using currency exchange rates supplied by a pricing service and are categorized as Level 2 in the hierarchy.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

**Derivative Instruments**

Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk(s):

Foreign Exchange Risk - Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates.

Interest Rate Risk - Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates.

The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund.

Derivative counterparty credit risk is managed through formal evaluation of the creditworthiness of all potential counterparties. On certain OTC derivatives, the Fund attempts to reduce its exposure to counterparty credit risk by entering into an International Swaps and Derivatives Association, Inc. (ISDA) Master Agreement with each of its counterparties. The ISDA Master Agreement gives the Fund the right to terminate all transactions traded under such agreement upon the deterioration in the credit quality of the counterparty beyond specified levels. The ISDA Master Agreement gives each party the right, upon an event of default by the other party or a termination of the agreement, to close out all transactions traded under such agreement and to net the amounts owed under each transaction to one net payable by one party to the other. To mitigate counterparty credit risk on bi-lateral OTC derivatives, the Fund receives collateral in the form of cash or securities once the Fund's net unrealized appreciation on outstanding derivative contracts under an ISDA Master Agreement exceeds certain applicable thresholds, subject to certain minimum transfer provisions. The collateral received is held in segregated accounts with the Fund's custodian bank in accordance with the collateral agreements entered into between the Fund, the counterparty and the Fund's custodian bank. The Fund could experience delays and costs in gaining access to the collateral even though it is held by the Fund's custodian bank. The Fund's maximum risk of loss from counterparty credit risk related to bi-lateral OTC derivatives is generally the aggregate unrealized appreciation and unpaid counterparty payments in excess of any collateral pledged by the counterparty to the Fund. The Fund may be required to pledge collateral for the benefit of the counterparties on bi-lateral OTC derivatives in an amount not less than each counterparty's unrealized appreciation on outstanding derivative contracts, subject to certain minimum transfer provisions, and any such pledged collateral is identified in the Schedule of Investments. Exchange-traded contracts are not covered by the ISDA Master Agreement; however counterparty credit risk related to these contracts may be mitigated by the protection provided by the exchange on which they trade. Counterparty credit risk related to centrally cleared swaps may be mitigated by the protection provided by the clearinghouse.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Forward Foreign Currency Contracts: Forward foreign currency contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into.

The Fund used forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to manage exposure to certain foreign currencies.

Open forward foreign currency contracts at period end are presented in the Schedule of Investments under the caption "Forward Foreign Currency Contracts." The contract amount and unrealized appreciation (depreciation) reflects each contract's exposure to the underlying currency at period end.

Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.

The Fund used futures contracts to manage its exposure to the bond market and fluctuations in interest rates.

Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Merrimack Street Trust

- **b. Investment Company Act file number:** 811-22796

- **c. CIK number of Registrant:** 0001562565

- **d. LEI of Registrant:** 549300782HVYOIE6CE74

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity Tactical Bond ETF

- **b. EDGAR series identifier (if any):** S000079047

- **c. LEI of Series:** 549300W5F89BCIBZIP45

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $27165961.69

**Total Liabilities:** $486340.25

**Net Assets:** $26679621.44

**Delayed Delivery Securities:** $50000.00

**Cash Not Reported:** $76254.34

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 252.20732645 | **1-Year:** 1205.21832660 | **5-Year:** 3923.05209193 | **10-Year:** 6624.97094018 | **30-Year:** 3084.44214064

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

- **3-Month:** 401.57610066 | **1-Year:** 1118.33968517 | **5-Year:** 1106.29725595 | **10-Year:** 227.16597631 | **30-Year:** 86.18005942

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000239880 | -0.26%               | 0.33%                | -0.12%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9888.41                 | $-211649.32                                |
| Month 2  | $-126163.49              | $33592.81                                  |
| Month 3  | $4141.67                 | $-132008.40                                |

**Designated Index Information**

- **Index Name:** Bloomberg US Aggregate Bond Index

- **Index Identifier:** 19808143

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INEOS QUATTRO FINANCE 2                                                          | INEOS QUATTRO FINANCE 2 9.625% 03/15/2029 144A                                                          | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |      2000 | PA      | $1990.04      | 0.01%             | 2029-03-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                                                         | ENCORE CAP GROUP INC 8.5% 05/15/2030 144A                                                               | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10600.16     | 0.04%             | 2030-05-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| HORIZON US FINCO LP                                                              | THE TRAVEL CORP TERM B 1LN 10/31/2031                                                                   | CUSIP: 44057XAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      5987 | PA      | $5545.30      | 0.02%             | 2031-10-31      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| RESTAURANT TECHNOLOGIES INC                                                      | RESTAURANT TECHNOLOGIES TERM B 1LN 4/2/2029                                                             | CUSIP: 26972CAC6<br>LEI: 5493007MVERDD2NKNE42 | Long             | LON              | CORP              | US        |      8972 | PA      | $8713.81      | 0.03%             | 2029-04-02      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FINANCE PLC                                                 | VIRGIN MEDIA SECD FIN PLC 4.5% 08/15/2030 144A                                                          | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |     48000 | PA      | $44323.49     | 0.17%             | 2030-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                                   | CONSOLIDATED ENERGY FINANCE SA 12% 02/15/2031 144A                                                      | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |     14000 | PA      | $12825.46     | 0.05%             | 2031-02-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | NEW FORTRESS ENERGY INC 144                                                                             | CUSIP: N/A<br>LEI: 254900EICTYTCHA5X705       | Long             | EC               | CORP              | US        |       272 | NS      | $677.28       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                                                                        | BOEING CO 7.008% 05/01/2064                                                                             | CUSIP: 097023DU6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4272.90      | 0.02%             | 2064-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                                                   | AIR LEASE CORP 4.125%/VAR PERP                                                                          | CUSIP: 00912XBK9<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EP               | CORP              | US        |      6000 | PA      | $5781.91      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SABLE INTL FINANCE LTD                                                           | SABLE INTL FIN LTD 7.125% 10/15/2032 144A                                                               | CUSIP: 785712AK6<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |     10000 | PA      | $9803.13      | 0.04%             | 2032-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                                                        | OLIN CORP 5% 02/01/2030                                                                                 | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     47000 | PA      | $44485.38     | 0.17%             | 2030-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| ARTERA SERVICES LLC                                                              | ARTERA SERVICES LLC 8.5% 02/15/2031 144A                                                                | CUSIP: 04302XAA2<br>LEI: 549300J2G34D0WX8Z443 | Long             | DBT              | CORP              | US        |     39000 | PA      | $33142.31     | 0.12%             | 2031-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| C AND S GROUP ENTERPRISES LLC                                                    | C AND S GROUP ENTERPRISES LLC 5% 12/15/2028 144A                                                        | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $9360.88      | 0.04%             | 2028-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | BOEING CO 6.388% 05/01/2031                                                                             | CUSIP: 097023DR3<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2133.95      | 0.01%             | 2031-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING MATERIALS INC                                                | FOUNDATION BUILDING MATERIALS TERM B2 1LN 01/29/2031                                                    | CUSIP: 35039KAD8<br>LEI: 549300ZVE6MONHB01I28 | Long             | LON              | CORP              | US        |       997 | PA      | $935.00       | 0.00%             | 2031-01-29      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| GRAHAM PACKAGING CO INC                                                          | GRAHAM PACKAGING CO INC 7.125% 08/15/2028 144A                                                          | CUSIP: 384701AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1963.61      | 0.01%             | 2028-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION HOLDINGS INC                                              | CLYDESDALE ACQUISITION HOLDINGS INC 6.75% 04/15/2032 144A                                               | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12126.94     | 0.05%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | NEW FORTRESS ENERGY INC 6.5% 09/30/2026 144A                                                            | CUSIP: 644393AB6<br>LEI: 254900EICTYTCHA5X705 | Long             | DBT              | CORP              | US        |      1000 | PA      | $598.72       | 0.00%             | 2026-09-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                                                                 | UWM HOLDINGS LLC 6.625% 02/01/2030 144A                                                                 | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4902.10      | 0.02%             | 2030-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BEAZER HOMES USA INC                                                             | BEAZER HOMES USA INC 7.5% 03/15/2031 144A                                                               | CUSIP: 07556QBU8<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4905.83      | 0.02%             | 2031-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 5.75% 07/15/2029 144A                                                                    | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30666.07     | 0.11%             | 2029-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLDINGS, L.P.                                                           | ALLIANT HOLDINGS LP 10%/ 10.5% PIK PREF PERP                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |      2056 | PA      | $2048.39      | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| BARCLAYS PLC                                                                     | BARCLAYS PLC 5.262%/VAR 01/29/2034 REGS                                                                 | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $124968.14    | 0.47%             | 2034-01-29      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN HLDGS LLLP / LADDER CAP FIN CORP                                  | LADDER CAP FIN HLDGS LLLP/CORP 7% 07/15/2031 144A                                                       | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5185.25      | 0.02%             | 2031-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ATP TOWER HOLDINGS/ ANDEAN TELECOM PARTNERS CHILE SPA/ ANDEAN TOWER PARTNERS C   | ATP TOWER HOLDINGS/ ANDEAN TELECOM PARTNERS CHILE SPA/ ANDEAN TOWER PARTNERS C 7.875% 02/03/2030 144A   | CUSIP: 00193BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      7000 | PA      | $7004.99      | 0.03%             | 2030-02-03      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD 6% 02/01/2033 144A                                                          | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      5000 | PA      | $5017.95      | 0.02%             | 2033-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                             | WR GRACE HOLDING LLC 5.625% 08/15/2029 144A                                                             | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |     15000 | PA      | $13216.73     | 0.05%             | 2029-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                  | PENNYMAC FINANCIAL SERVICES INC 6.875% 02/15/2033 144A                                                  | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6032.22      | 0.02%             | 2033-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                                                                | KOSMOS ENERGY LTD 7.125% 04/04/2026 144A                                                                | CUSIP: 500688AC0<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9610.00      | 0.04%             | 2026-04-04      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                          | BANK OF NOVA SCOTIA FRN TSFR3M+290.961 PERP                                                             | CUSIP: 064159KJ4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EP               | CORP              | CA        |    300000 | PA      | $292816.62    | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| LCPR SENIOR SECURED FINANCING DAC                                                | LCPR SENIOR SECURED FINANCING DAC 6.75% 10/15/2027 144A                                                 | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |      7000 | PA      | $5074.84      | 0.02%             | 2027-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HEATHROW FUNDING LTD                                                             | HEATHROW FUNDING LTD 6% 03/05/2032 REGS                                                                 | CUSIP: N/A<br>LEI: 7TI96JO3DYEIQWZ7Z726       | Long             | DBT              | CORP              | JE        |    100000 | PA      | $134191.61    | 0.50%             | 2032-03-05      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                             | WESTERN DIGITAL CORP 4.75% 02/15/2026                                                                   | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5980.10      | 0.02%             | 2026-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CANO HEALTH LLC                                                                  | CANO HEALTH TERM 1LN 06/28/2029                                                                         | CUSIP: 13781HAN0<br>LEI: 254900OGI2T8V1NXN639 | Long             | LON              | CORP              | US        |      2781 | PA      | $2461.45      | 0.01%             | 2029-06-28      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                                                 | GGAM FINANCE LTD 5.875% 03/15/2030 144A                                                                 | CUSIP: 36170JAE6<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     24000 | PA      | $23857.20     | 0.09%             | 2030-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN INTL FINANCE NV                                                       | VOLKSWAGEN INTL FINANCE NV 3.875%/VAR PERP REGS                                                         | CUSIP: N/A<br>LEI: 5299004PWNHKYTR23649       | Long             | EP               | CORP              | NL        |    100000 | PA      | $108082.79    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 5%/VAR PERP                                                                        | CUSIP: 281020AT4<br>LEI: 549300I7ROF15MAEVP56 | Long             | EP               | CORP              | US        |      2000 | PA      | $1785.22      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US FOODS INC 5.75% 04/15/2033 144A                                                                      | CUSIP: 90290MAJ0<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4912.01      | 0.02%             | 2033-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| PRIME HEALTHCARE FOUNDATION INC                                                  | PRIME HEALTHCARE FOUNDATION INC 7% 12/01/2027                                                           | CUSIP: 74166AAA0<br>LEI: 984500CA2F5A8B78A337 | Long             | DBT              | CORP              | US        |    142000 | PA      | $144149.00    | 0.54%             | 2027-12-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                                                          | JANE STREET GRP/JSG FIN 6.75% 05/01/2033 144A                                                           | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10255.32     | 0.04%             | 2033-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX LLC                                                             | SMYRNA READY MIX LLC 6% 11/01/2028 144A                                                                 | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5912.87      | 0.02%             | 2028-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                         | SAFEHOLD GL HOLDINGS LLC 2.8% 06/15/2031                                                                | CUSIP: 78646UAA7<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6149.92      | 0.02%             | 2031-06-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 4.25% 07/01/2028 144A                                                             | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1780.00      | 0.01%             | 2028-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS HEALTH CORP 6.75%/VAR 12/10/2054                                                                    | CUSIP: 126650EG1<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     21000 | PA      | $20441.23     | 0.08%             | 2054-12-10      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| AES CORP                                                                         | AES CORP 6.95%/VAR 07/15/2055                                                                           | CUSIP: 00130HCL7<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9487.63      | 0.04%             | 2055-07-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                                                        | PIKE CORP 5.5% 09/01/2028 144A                                                                          | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5950.89      | 0.02%             | 2028-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                                                      | STAPLES INC 10.75% 09/01/2029 144A                                                                      | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10863.38     | 0.04%             | 2029-09-01      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORPORATION                                                            | OPEN TEXT CORPORATION 3.875% 02/15/2028 144A                                                            | CUSIP: 683715AC0<br>LEI: 549300UQROQS42RKHM85 | Long             | DBT              | CORP              | CA        |      2000 | PA      | $1915.81      | 0.01%             | 2028-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTERNATIONAL                                                        | MGM RESORTS INTERNATIONAL 6.5% 04/15/2032                                                               | CUSIP: 552953CJ8<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4990.26      | 0.02%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| REALOGY GROUP LLC / REALOGY CO-ISSUER CORP                                       | REALOGY GROUP LLC / REALOGY CO-ISSUER CORP CONV 0.25% 06/15/2026                                        | CUSIP: 75606DAP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $11334.00     | 0.04%             | 2026-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.5% 12/31/2031                                                                               | CUSIP: 91282CMC2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $408171.88    | 1.53%             | 2031-12-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE LTD                                                      | ENERGEAN ISRAEL FINANCE LTD 5.875% 03/30/2031 144A REGS                                                 | CUSIP: N/A<br>LEI: 98450044QACBL3F8EB03       | Long             | DBT              | CORP              | IL        |      1000 | PA      | $918.00       | 0.00%             | 2031-03-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                   | CVR ENERGY INC 8.5% 01/15/2029 144A                                                                     | CUSIP: 12662PAF5<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6832.30      | 0.03%             | 2029-01-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                                                  | IHS HOLDING LTD 5.625% 11/29/2026 144A                                                                  | CUSIP: 44963HAA3<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |      4000 | PA      | $3910.00      | 0.01%             | 2026-11-29      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SOTHEBYS                                                                         | SOTHEBYS 7.375% 10/15/2027 144A                                                                         | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11816.49     | 0.04%             | 2027-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERSHIP LP                                                   | BRANDYWINE OPER PARTNERSHIP LP 8.875% 04/12/2029                                                        | CUSIP: 105340AS2<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7454.15      | 0.03%             | 2029-04-12      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ERO COPPER CORP                                                                  | ERO COPPER CORP 6.5% 02/15/2030 144A                                                                    | CUSIP: 296006AA7<br>LEI: 549300KL8A21SEIO8I47 | Long             | DBT              | CORP              | CA        |      9000 | PA      | $8853.75      | 0.03%             | 2030-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 4.5% 04/01/2030 144A                                                              | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      1000 | PA      | $879.47       | 0.00%             | 2030-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC HOLDINGS LLC 4.625% 12/01/2030 144A                                                                 | CUSIP: 126307BD8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     22000 | PA      | $10120.00     | 0.04%             | 2030-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS INC                                                       | BAUSCH HEALTH AMERICAS INC 8.5% 01/31/2027 144A                                                         | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |      1000 | PA      | $942.50       | 0.00%             | 2027-01-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES INC                                                             | TTM TECHNOLOGIES INC 4% 03/01/2029 144A                                                                 | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3801.93      | 0.01%             | 2029-03-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                                                  | CVS HEALTH CORP 7%/VAR 03/10/2055                                                                       | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |     18000 | PA      | $18130.81     | 0.07%             | 2055-03-10      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2025-SPOT                                           | BX COMMERCIAL MORTGAGE TRUST 2025-SPOT TSFR1M+144.34 04/15/2040 144A                                    | CUSIP: 12433FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $100011.63    | 0.37%             | 2040-04-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PRODUCTS INC                                                        | QXO BUILDING PRODUCTS INC 6.75% 04/30/2032 144A                                                         | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20507.00     | 0.08%             | 2032-04-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC                                                                    | WOLFSPEED INC CONV 1.875% 12/01/2029                                                                    | CUSIP: 977852AD4<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |     29000 | PA      | $5220.00      | 0.02%             | 2029-12-01      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SA                                                          | ENFRAGEN ENERGIA SUR SA 5.375% 12/30/2030 144A                                                          | CUSIP: 29280LAA1<br>LEI: 2549002TO75PYMY3VY07 | Long             | DBT              | CORP              | ES        |     11000 | PA      | $9512.25      | 0.04%             | 2030-12-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAMILY ACQUISITION INC                                                 | WASH MULTIFAMILY ACQUISITION INC 5.75% 04/15/2026 144A                                                  | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16959.56     | 0.06%             | 2026-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 3.625% 02/15/2053                                                           | CUSIP: 912810TN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1574000 | PA      | $1257048.04   | 4.71%             | 2053-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                                                    | COMMSCOPE INC 4.75% 09/01/2029 144A                                                                     | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |     13000 | PA      | $12447.90     | 0.05%             | 2029-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING MATERIALS INC                                                | FOUNDATION BUILDING MATERIALS INC 6% 03/01/2029 144A                                                    | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4258.82      | 0.02%             | 2029-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP                           | DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP 7.125% 06/01/2028 144A                           | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $11046.22     | 0.04%             | 2028-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                                                                | GEO GROUP INC/THE 8.625% 04/15/2029                                                                     | CUSIP: 36162JAG1<br>LEI: 5493003VOR6NTY465495 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5277.88      | 0.02%             | 2029-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| X CORP                                                                           | X TERM 1LN 10/26/2029                                                                                   | CUSIP: 90184NAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      9000 | PA      | $8953.56      | 0.03%             | 2029-10-26      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP / SUNOCO FIN CORP                                                      | SUNOCO LP / SUNOCO FIN CORP 4.5% 05/15/2029                                                             | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $28739.88     | 0.11%             | 2029-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | BOEING CO 6.259% 05/01/2027                                                                             | CUSIP: 097023DP7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2055.73      | 0.01%             | 2027-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 6.75% 07/15/2033 144A                                                                        | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10103.27     | 0.04%             | 2033-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                                                                | KOSMOS ENERGY LTD 7.5% 03/01/2028 144A                                                                  | CUSIP: 500688AD8<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1633.12      | 0.01%             | 2028-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FINANCIAL SERVICES INC                                                  | PENNYMAC FINANCIAL SERVICES INC 6.875% 05/15/2032 144A                                                  | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9042.30      | 0.03%             | 2032-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GOLAR LNG LTD                                                                    | GOLAR LNG LTD 7% 10/20/2025 144A                                                                        | CUSIP: N/A<br>LEI: 213800C2VSFZG3EZLO34       | Long             | DBT              | CORP              | BM        |      7000 | PA      | $7003.99      | 0.03%             | 2025-10-20      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                                                         | SLM CORP 6.5% 01/31/2030                                                                                | CUSIP: 78442PGF7<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6186.78      | 0.02%             | 2030-01-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| EG GLOBAL FINANCE PLC                                                            | EG GLOBAL FINANCE PLC 12% 11/30/2028 144A                                                               | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |     10000 | PA      | $11025.69     | 0.04%             | 2028-11-30      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| SAFEHOLD GL HOLDINGS LLC                                                         | SAFEHOLD GL HOLDINGS LLC 2.85% 01/15/2032                                                               | CUSIP: 78646UAB5<br>LEI: 54930012UY5Z4Q8NL108 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3401.51      | 0.01%             | 2032-01-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                             | WR GRACE HOLDING LLC 7.375% 03/01/2031 144A                                                             | CUSIP: 92943GAE1<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |      1000 | PA      | $1010.04      | 0.00%             | 2031-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                              | NOVA CHEMICALS CORP 9% 02/15/2030 144A                                                                  | CUSIP: 66977WAU3<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5383.12      | 0.02%             | 2030-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                                               | RITHM CAPITAL CORP 8% 04/01/2029 144A                                                                   | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5013.32      | 0.02%             | 2029-04-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ENERGEAN PLC                                                                     | ENERGEAN PLC 6.5% 04/30/2027 144A                                                                       | CUSIP: 29280EAA7<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |     10000 | PA      | $9775.00      | 0.04%             | 2027-04-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HORIZON AIRCRAFT FINANCE LTD                                                     | HORIZON AIRCRAFT FINANCE LTD 2019-1 A 3.721% 07/15/2039 144A                                            | CUSIP: 44040HAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     73699 | PA      | $71191.97     | 0.27%             | 2039-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TOLEDO HOSPITAL/THE                                                              | TOLEDO HOSPITAL/THE 5.325% 11/15/2028                                                                   | CUSIP: 889184AC1<br>LEI: 5493009DCR7NWV6K4T34 | Long             | DBT              | CORP              | US        |    200000 | PA      | $195630.12    | 0.73%             | 2028-11-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC        | ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 6% 06/15/2027 144A            | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2004.93      | 0.01%             | 2027-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 4% 04/15/2031 144A                                                                | CUSIP: 527298CH4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2482.50      | 0.01%             | 2031-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV                               | ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV 5.125% 04/30/2031 144A                               | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4201.40      | 0.02%             | 2031-04-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| WIN WASTE INNOVATIONS HOLDINGS INC                                               | WIN WASTE TERM B 1LN 3/24/2028                                                                          | CUSIP: 38723BAJ0<br>LEI: 549300DJBUN7Z75R2S83 | Long             | LON              | CORP              | US        |     17947 | PA      | $17795.36     | 0.07%             | 2028-03-24      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CBRE GLOBAL INVESTOR PAN EUROPEAN CORE FUND                                      | CBRE GLOBAL INVESTOR PAN EUROPEAN CORE FUND 4.75% 03/27/2034 REGS                                       | CUSIP: N/A<br>LEI: 529900J5H3JGJ83AUZ88       | Long             | DBT              | CORP              | LU        |    100000 | PA      | $118725.38    | 0.45%             | 2034-03-27      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV                               | ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV 6.75% 05/15/2034 144A                                | CUSIP: 68622FAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4651.57      | 0.02%             | 2034-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                             | FIESTA PURCHASER INC 7.875% 03/01/2031 144A                                                             | CUSIP: 31659AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      7000 | PA      | $7346.26      | 0.03%             | 2031-03-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE LTD                                                               | AZORRA FINANCE LTD 7.75% 04/15/2030 144A                                                                | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |      4000 | PA      | $4012.34      | 0.02%             | 2030-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR US NEWCO INC                                                         | TK ELEVATOR US NEWCO INC 5.25% 07/15/2027 144A                                                          | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3962.13      | 0.01%             | 2027-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SPA HOLDINGS 3 OY                                                                | SPA HOLDINGS 3 OY 4.875% 02/04/2028 144A                                                                | CUSIP: 84612JAA0<br>LEI: 743700UEY0YM039XN974 | Long             | DBT              | CORP              | FI        |      2000 | PA      | $1884.39      | 0.01%             | 2028-02-04      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                                                           | RADIOLOGY PARTNERS TERM B 1LN 01/31/2029                                                                | CUSIP: 75041EAJ1<br>LEI: 549300SFTAG2177WUZ08 | Long             | LON              | CORP              | US        |      7035 | PA      | $6969.02      | 0.03%             | 2029-01-31      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR                               | AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR 6.5%/VAR 01/31/2056                                  | CUSIP: 00774MBQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |      8000 | PA      | $7885.44      | 0.03%             | 2056-01-31      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| TAPESTRY INC                                                                     | TAPESTRY INC 3.05% 03/15/2032                                                                           | CUSIP: 876030AA5<br>LEI: 549300LJNVY5SW3VTN33 | Long             | DBT              | CORP              | US        |     10000 | PA      | $8726.20      | 0.03%             | 2032-03-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                                                    | MODIVCARE INC 5% 10/01/2029 144A                                                                        | CUSIP: 60783XAA2<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | DBT              | CORP              | US        |      2000 | PA      | $100.00       | 0.00%             | 2029-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 6.125% 06/15/2029 144A                                                   | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      4000 | PA      | $4079.32      | 0.02%             | 2029-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL PLAQUE                                                            | VENTURE GLOBAL PLAQUE 7.5% 05/01/2033 144A                                                              | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5222.24      | 0.02%             | 2033-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WEBER-STEPHEN PRODUCTS LLC                                                       | WEBER-STEPHEN PRODUCTS TERM B 1LN 10/30/2027                                                            | CUSIP: 94767KAN1<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |      4968 | PA      | $4920.85      | 0.02%             | 2027-10-30      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTNERSHIP LP                                                | PIEDMONT OPERATING PARTNERSHIP LP 6.875% 07/15/2029                                                     | CUSIP: 720198AJ9<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |     45000 | PA      | $46581.52     | 0.17%             | 2029-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE LTD                                                      | ENERGEAN ISRAEL FINANCE LTD 4.875% 03/30/2026 144A REGS                                                 | CUSIP: N/A<br>LEI: 98450044QACBL3F8EB03       | Long             | DBT              | CORP              | IL        |      4000 | PA      | $3942.92      | 0.01%             | 2026-03-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING PARTNERS LP                                             | NEXTERA ENERGY OPERATING PARTNERS LP 7.25% 01/15/2029 144A                                              | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12058.88     | 0.05%             | 2029-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| SMYRNA READY MIX LLC                                                             | SMYRNA READY MIX LLC 8.875% 11/15/2031 144A                                                             | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5134.48      | 0.02%             | 2031-11-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 02/15/2034                                                                                 | CUSIP: 91282CJZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     44000 | PA      | $42991.09     | 0.16%             | 2034-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US LONG BOND(CBT) FUT SEP25 USU5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |         1 | NC      | $2706.09      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLOUREC SA                                                                     | VALLOUREC SA 7.5% 04/15/2032 144A                                                                       | CUSIP: 92023RAA8<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | DBT              | CORP              | FR        |     15000 | PA      | $15649.64     | 0.06%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| M2S GROUP INTERMEDIATE HOLDINGS INC                                              | M2S GROUP TERM B 1LN 8/25/2031                                                                          | CUSIP: 55287CAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     12515 | PA      | $11967.02     | 0.04%             | 2031-08-25      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                            | QUIKRETE HOLDINGS INC 6.375% 03/01/2032 144A                                                            | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     29000 | PA      | $29468.55     | 0.11%             | 2032-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP 7.125%/VAR PERP                                                                      | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |     10000 | PA      | $10042.98     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | BAUSCH HEALTH COS INC 4.875% 06/01/2028 144A                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $4081.25      | 0.02%             | 2028-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | NOVELIS CORP 6.875% 01/30/2030 144A                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9281.11      | 0.03%             | 2030-01-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                              | NOVA CHEMICALS CORP 7% 12/01/2031 144A                                                                  | CUSIP: 66977WAV1<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5229.15      | 0.02%             | 2031-12-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANSN and INFRASTRUCTURE INVS LLC                                      | FORTRESS TRANSN and INFRASTRUCTURE INVS LLC 7.875% 12/01/2030 144A                                      | CUSIP: 34960PAE1<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7356.12      | 0.03%             | 2030-12-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 9.25% 10/01/2028 144A                                                             | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |      5000 | PA      | $5101.46      | 0.02%             | 2028-10-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTYS LP and RHP FIN CORP                                              | RHP HOTEL PPTYS LP and RHP FIN CORP 6.5% 06/15/2033 144A                                                | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5085.07      | 0.02%             | 2033-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC HOLDINGS LLC 5.5% 04/15/2027 144A                                                                   | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15157.11     | 0.06%             | 2027-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.375% 05/31/2033 144A                                                                    | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9880.01      | 0.04%             | 2033-05-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP INC                                                      | PEDIATRIX MEDICAL GROUP INC 5.375% 02/15/2030 144A                                                      | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $3872.17      | 0.01%             | 2030-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOLDINGS LTD                                                | ASTON MARTIN CAP HLDGS LTD 10% 03/31/2029 144A                                                          | CUSIP: 04625HAJ8<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |      7000 | PA      | $6560.20      | 0.02%             | 2029-03-31      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS ESCROW                                                             | HERC HOLDINGS ESCROW 7% 06/15/2030 144A                                                                 | CUSIP: 42703NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10302.26     | 0.04%             | 2030-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                 | HILTON DOMESTIC OPERATING CO INC 5.875% 03/15/2033 144A                                                 | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24162.12     | 0.09%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DT MIDSTREAM INC                                                                 | DT MIDSTREAM INC 5.8% 12/15/2034 144A                                                                   | CUSIP: 23345MAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1983.74      | 0.01%             | 2034-12-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA LLC / ASHTON WOODS FINANCE CO                                   | ASHTON WOODS USA LLC/FIN CO 4.625% 04/01/2030 144A                                                      | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $2812.71      | 0.01%             | 2030-04-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| STONEMOR INC                                                                     | STONEMOR INC 8.5% 05/15/2029 144A                                                                       | CUSIP: 86184WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $9217.93      | 0.03%             | 2029-05-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                             | NEPTUNE BIDCO US INC 9.29% 04/15/2029 144A                                                              | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13247.50     | 0.05%             | 2029-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICES INC                                                    | BRAND INDUSTRIAL SERVICES INC 10.375% 08/01/2030 144A                                                   | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |     24000 | PA      | $21526.23     | 0.08%             | 2030-08-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| VFH PARENT LLC / VALOR CO-ISSUER INC                                             | VFH PARENT LLC / VALOR CO-ISSUER INC 7.5% 06/15/2031 144A                                               | CUSIP: 91824YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5212.97      | 0.02%             | 2031-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | BNP PARIBAS 0.5%/VAR 01/19/2030 REGS                                                                    | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | DBT              | CORP              | FR        |    100000 | PA      | $103932.28    | 0.39%             | 2030-01-19      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CANACOL ENERGY LTD                                                               | CANACOL ENERGY LTD 5.75% 11/24/2028 144A                                                                | CUSIP: 134808AD6<br>LEI: 549300X5MNRWPMSM9N14 | Long             | DBT              | CORP              | CA        |     20000 | PA      | $9160.00      | 0.03%             | 2028-11-24      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8.5% 05/15/2031 144A                                                                     | CUSIP: 893830BZ1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     24000 | PA      | $20627.65     | 0.08%             | 2031-05-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS ESCROW                                                             | HERC HOLDINGS ESCROW 7.25% 06/15/2033 144A                                                              | CUSIP: 42703NAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10291.92     | 0.04%             | 2033-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| POLARIS NEWCO LLC                                                                | SOLERA TERM B 1LN 06/02/2028                                                                            | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | LON              | CORP              | US        |      9987 | PA      | $9664.80      | 0.04%             | 2028-06-02      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| SNAP INC                                                                         | SNAP INC 6.875% 03/01/2033 144A                                                                         | CUSIP: 83304AAL0<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5064.73      | 0.02%             | 2033-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                                                         | BOOST NEWCO BORROWER LLC 7.5% 01/15/2031 144A                                                           | CUSIP: 36268NAA8<br>LEI: 254900S8RE1OL7TTCU64 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5290.30      | 0.02%             | 2031-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CONSTANT CONTACT INC                                                             | CONSTANT CONTACT TERM B 1LN 02/10/2028                                                                  | CUSIP: 21031HAC5<br>LEI: 2549000JW50H0AI5B946 | Long             | LON              | CORP              | US        |      9965 | PA      | $9336.23      | 0.03%             | 2028-02-10      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| BW REAL ESTATE INC                                                               | BW REAL ESTATE INC 9.5%/VAR PERP 144A                                                                   | CUSIP: 05614HAA7<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     10000 | PA      | $9985.31      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 8.75% 11/15/2030 144A                                                                    | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5366.54      | 0.02%             | 2030-11-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                        | CAESARS ENTERTAINMENT INC 8.125% 07/01/2027 144A                                                        | CUSIP: 28470RAK8<br>LEI: 5299000BKFWWVND5L441 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8011.75      | 0.03%             | 2027-07-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING CO LLC                                              | COLUMBIA PIPELINES OPERATING CO LLC 6.036% 11/15/2033 144A                                              | CUSIP: 19828TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $6175.84      | 0.02%             | 2033-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | CLEVELAND-CLIFFS INC 7.375% 05/01/2033 144A                                                             | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4294.11      | 0.02%             | 2033-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| PERFORMANCE FOOD GROUP INC                                                       | PERFORMANCE FOOD GROUP INC 5.5% 10/15/2027 144A                                                         | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7966.82      | 0.03%             | 2027-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING CO LLC                                              | COLUMBIA PIPELINES OPERATING CO LLC 5.927% 08/15/2030 144A                                              | CUSIP: 19828TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2077.99      | 0.01%             | 2030-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY PARTNERS LLC                                             | HOWARD MIDSTREAM ENERGY PARTNERS LLC 7.375% 07/15/2032 144A                                             | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5174.43      | 0.02%             | 2032-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                            | NABORS INDUSTRIES INC 8.875% 08/15/2031 144A                                                            | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |      5000 | PA      | $3421.73      | 0.01%             | 2031-08-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| LOGICOR FINANCING SARL                                                           | LOGICOR FINANCING SARL 0.875% 01/14/2031 REGS                                                           | CUSIP: N/A<br>LEI: 254900IS16Q1A2TQFN22       | Long             | DBT              | CORP              | LU        |    100000 | PA      | $97355.19     | 0.36%             | 2031-01-14      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                                                    | METHANEX CORP 5.125% 10/15/2027                                                                         | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |     47000 | PA      | $46600.41     | 0.17%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                                                              | KINETIK HOLDINGS LP 5.875% 06/15/2030 144A                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4970.29      | 0.02%             | 2030-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING CO LLC                                              | COLUMBIA PIPELINES OPERATING CO LLC 6.544% 11/15/2053 144A                                              | CUSIP: 19828TAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2010.00      | 0.01%             | 2053-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                                                                  | SEALED AIR CORP 6.5% 07/15/2032 144A                                                                    | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7169.13      | 0.03%             | 2032-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                         | CLOUD SOFTWARE GROUP INC 6.5% 03/31/2029 144A                                                           | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6992.12      | 0.03%             | 2029-03-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HOLDINGS INC                                                         | LAMB WESTON HOLDINGS INC 4.375% 01/31/2032 144A                                                         | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     22000 | PA      | $20293.95     | 0.08%             | 2032-01-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HLDGS INC                                                              | MORTON TERM B 1LN 01/31/2029                                                                            | CUSIP: 78397GAF8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      5000 | PA      | $4984.40      | 0.02%             | 2029-01-31      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| DEL MONTE FOODS CORP II INC                                                      | DEL MONTE TERM FLFO B 1LN 11/2/2028                                                                     | CUSIP: 24521WAF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      1173 | PA      | $1084.89      | 0.00%             | 2028-08-02      | Variable      | 0.12%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 8.25% 02/01/2029 144A                                               | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5170.60      | 0.02%             | 2029-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | PARKLAND CORP 4.5% 10/01/2029 144A                                                                      | CUSIP: 70137WAG3<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |      2000 | PA      | $1888.63      | 0.01%             | 2029-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OWENS and MINOR INC                                                              | OWENS and MINOR TERM B 1LN 04/02/2030                                                                   | CUSIP: 69073LAF7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | LON              | CORP              | US        |     10000 | PA      | $9925.00      | 0.04%             | 2030-04-02      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                                                               | KENNEDY-WILSON INC 4.75% 02/01/2030                                                                     | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4437.50      | 0.02%             | 2030-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| SUBWAY FDG LLC ISSUER                                                            | SUBWAY FDG LLC ISSUER 6.028% 07/30/2054 144A                                                            | CUSIP: 864300AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     24875 | PA      | $25102.96     | 0.09%             | 2054-07-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CORE SCIENTIFIC INC                                                              | CORE SCIENTIFIC INC CONV 3% 09/01/2029 144A                                                             | CUSIP: 21874AAC0<br>LEI: 5299003RGB2LAZ65RK73 | Long             | DBT              | CORP              | US        |      1000 | PA      | $1275.00      | 0.00%             | 2029-09-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 6.25% 03/15/2030                                                                   | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3038.58      | 0.01%             | 2030-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| EMRLD BORROWER LP / EMERALD CO-ISSUER INC                                        | EMRLD BORROWER LP / EMERALD CO-ISSUER INC 6.625% 12/15/2030 144A                                        | CUSIP: 29103CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21000 | PA      | $21212.39     | 0.08%             | 2030-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GRAN TIERRA ENERGY INC                                                           | GRAN TIERRA ENERGY INC 9.5% 10/15/2029 144A                                                             | CUSIP: 38500TAC5<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | US        |      9000 | PA      | $6300.00      | 0.02%             | 2029-10-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                        | SUNOCO LP 7% 05/01/2029 144A                                                                            | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5160.32      | 0.02%             | 2029-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CANADA, GOVERNMENT OF                                                            | CANADA GOVERNMENT OF 3.25% 12/01/2034                                                                   | CUSIP: 135087S21<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |    123000 | PA      | $89991.77     | 0.34%             | 2034-12-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 07/31/2031                                                                             | CUSIP: 91282CLD1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     50000 | PA      | $50063.56     | 0.19%             | 2031-07-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                                                       | VIASAT INC 6.5% 07/15/2028 144A                                                                         | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4589.18      | 0.02%             | 2028-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTIONS INC                                                  | STANDARD BUILDING SOLUTIONS INC 6.5% 08/15/2032 144A                                                    | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5077.89      | 0.02%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR SA                                                        | MILLICOM INTL CELLULAR SA 4.5% 04/27/2031 144A                                                          | CUSIP: 600814AR8<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    217000 | PA      | $193130.00    | 0.72%             | 2031-04-27      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OSCAR ACQUISITIONCO LLC                                                          | OLDCASTLE BUILDINGENVELOPE TERM B 1LN 04/29/2029                                                        | CUSIP: 68778DAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      3000 | PA      | $2699.25      | 0.01%             | 2029-04-29      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| DEL MONTE FOODS CORP II INC                                                      | DEL MONTE FOODS TERM 1LN SUPER_PRIORITY FIRST OUT 08/02/2028                                            | CUSIP: 24521WAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      4036 | PA      | $3732.90      | 0.01%             | 2028-08-02      | Variable      | 0.15%                 | No            |                  2 | On Loan: No      |
| CLUBCORP HLDGS INC                                                               | CLUBCORP TERM B 1LN 09/18/2026                                                                          | CUSIP: 18948TAF0<br>LEI: 549300XWSO7KBICXNW37 | Long             | LON              | CORP              | US        |      1998 | PA      | $1997.43      | 0.01%             | 2026-09-18      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORPORATION                                                              | SEASPAN CORPORATION 5.5% 08/01/2029 144A                                                                | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |      4000 | PA      | $3689.10      | 0.01%             | 2029-08-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PARTNERS LP                                                        | CNX MIDSTREAM PARTNERS LP 4.75% 04/15/2030 144A                                                         | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     31000 | PA      | $28737.25     | 0.11%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY OPERATING PARTNERS LP                                             | NEXTERA ENERGY OPERATING PARTNERS LP 8.375% 01/15/2031 144A                                             | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7310.07      | 0.03%             | 2031-01-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: —       |
| CORE SCIENTIFIC INC                                                              | CORE SCIENTIFIC INC CONV 0% 06/15/2031 144A                                                             | CUSIP: 21874AAE6<br>LEI: 5299003RGB2LAZ65RK73 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11160.00     | 0.04%             | 2031-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STONEPEAK NILE PARENT LLC                                                        | STONEPEAK NILE PARENT LLC 7.25% 03/15/2032 144A                                                         | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4142.80      | 0.02%             | 2032-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PMHC II INC                                                                      | PMHC II INC 9% 02/15/2030 144A                                                                          | CUSIP: 69357VAA3<br>LEI: 549300GYZ1T3S8OPH343 | Long             | DBT              | CORP              | US        |      6000 | PA      | $4230.00      | 0.02%             | 2030-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ANGLIAN WATER SVCS FINANC PLC                                                    | ANGLIAN WATER SVCS FINANC PLC 6.293% 07/30/2030 REGS                                                    | CUSIP: N/A<br>LEI: 213800DL377MH46PDY63       | Long             | DBT              | CORP              | GB        |     25000 | PA      | $34587.15     | 0.13%             | 2030-07-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINL INC 4.7%/VAR PERP                                                                             | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EP               | CORP              | US        |      3000 | PA      | $2620.42      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | BAUSCH HEALTH COS INC 11% 09/30/2028 144A                                                               | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |      4000 | PA      | $3837.86      | 0.01%             | 2028-09-30      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                                              | US LBM TERM B 1LN 06/06/2031                                                                            | CUSIP: 50179JAH1<br>LEI: 549300FAEB3VWZL4NI86 | Long             | LON              | CORP              | US        |      7809 | PA      | $6991.82      | 0.03%             | 2031-06-06      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS                                                                     | NEW FORTRESS 12% 11/15/2029 144A                                                                        | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11468 | PA      | $4920.10      | 0.02%             | 2029-11-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC / HAT HOLDINGS II LLC                                         | HAT HOLDINGS I LLC / II LLC 8% 06/15/2027 144A                                                          | CUSIP: 418751AL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5146.25      | 0.02%             | 2027-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC HOLDINGS LLC 3.375% 02/15/2031 144A                                                                 | CUSIP: 126307BF3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |     22000 | PA      | $14410.00     | 0.05%             | 2031-02-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| HEXION HOLDINGS CORPORATION                                                      | HEXION TERM 1LN 03/15/2029                                                                              | CUSIP: 00217XAE6<br>LEI: 549300LBB370MUHGLV84 | Long             | LON              | CORP              | US        |      6000 | PA      | $5956.08      | 0.02%             | 2029-03-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| ONE SKY FLIGHT LLC                                                               | ONE SKY FLIGHT LLC 8.875% 12/15/2029 144A                                                               | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6049.40      | 0.02%             | 2029-12-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                                                                     | NOVELIS CORP 3.25% 11/15/2026 144A                                                                      | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3923.52      | 0.01%             | 2026-11-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP 10.75% 11/30/2029                                                                         | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     12897 | PA      | $12961.49     | 0.05%             | 2029-11-30      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 6.875% 04/15/2032 144A                                                         | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5201.71      | 0.02%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMERN PIPELINE MLP                                                    | PLAINS ALL AMERN PIPELINE MLP FRN TSFR3M+437.161 PERP                                                   | CUSIP: 726503AE5<br>LEI: 5521FA2ITF25TVH63740 | Long             | EP               | CORP              | US        |     14000 | PA      | $13904.75     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| BCPE ULYSSES INTERMEDIATE INC                                                    | BCPE ULYSSES INTERMEDIATE INC PIK VAR 04/01/2027 144A                                                   | CUSIP: 05553LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $13301.39     | 0.05%             | 2027-04-01      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| STAR HOLDING LLC                                                                 | STAR HOLDING LLC 8.75% 08/01/2031 144A                                                                  | CUSIP: 85513AAA6<br>LEI: 254900BDGPE9N1WAKD59 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3608.91      | 0.01%             | 2031-08-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATIONS INC                                                  | CONSOLIDATED COMMUNICATIONS INC 5% 10/01/2028 144A                                                      | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2020.14      | 0.01%             | 2028-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                              | NOVA CHEMICALS CORP 4.25% 05/15/2029 144A                                                               | CUSIP: 66977WAS8<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |     14000 | PA      | $13384.48     | 0.05%             | 2029-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC/JFIN                                                           | JEFFERIES FIN LLC/JFIN 5% 08/15/2028 144A                                                               | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1000 | PA      | $947.36       | 0.00%             | 2028-08-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE LLC                                                     | ROCKIES EXPRESS PIPELINE LLC 6.75% 03/15/2033 144A                                                      | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5149.74      | 0.02%             | 2033-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 6.5% 10/01/2031 144A                             | CUSIP: 01883LAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5040.03      | 0.02%             | 2031-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC                                                                 | AMWINS GROUP INC 6.375% 02/15/2029 144A                                                                 | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5070.05      | 0.02%             | 2029-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC           | ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 4.875% 02/15/2030 144A           | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $2918.25      | 0.01%             | 2030-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACURIS FIN                                                         | ACURIS FIN US/ACURIS FIN 9% 08/01/2029 144A                                                             | CUSIP: 00511BAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $3065.47      | 0.01%             | 2029-08-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| HSBC BANK USA NA                                                                 | FX Forward: USD/CAD settle 2025-07-08                                                                   | CUSIP: N/A<br>LEI: 1IE8VN30JCEQV1H4R804       | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1649.75     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 7.5% 11/06/2030 144A                                                | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5159.00      | 0.02%             | 2030-11-06      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 3.5% 01/15/2027                                                                    | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3875.57      | 0.01%             | 2027-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TGS ASA                                                                          | TGS ASA 8.5% 01/15/2030 144A                                                                            | CUSIP: 87243KAA7<br>LEI: 549300NUPLAXPB0WYH90 | Long             | DBT              | CORP              | NO        |      9000 | PA      | $9157.50      | 0.03%             | 2030-01-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HLDGS INC                                                              | SCIH SALT HLDGS INC 6.625% 05/01/2029 144A                                                              | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $5886.63      | 0.02%             | 2029-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | BUILDERS FIRSTSOURCE INC 6.75% 05/15/2035 144A                                                          | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15085.35     | 0.06%             | 2035-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS CORP 7.375% 07/01/2028                                                                         | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1373.68      | 0.01%             | 2028-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SANDISK CORP                                                                     | SANDISK TERM B 1LN 2/20/2032                                                                            | CUSIP: 80004YAC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     10000 | PA      | $9850.00      | 0.04%             | 2032-02-20      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                | ILIAD HOLDING SAS 7% 04/15/2032 144A                                                                    | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |     17000 | PA      | $17109.28     | 0.06%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SUNNOVA ENERGY CORP                                                              | SUNNOVA ENERGY CORP 5.875% 09/01/2026 144A                                                              | CUSIP: 86745GAF0<br>LEI: 549300TH3GCD8YQUDR46 | Long             | DBT              | CORP              | US        |      2000 | PA      | $595.00       | 0.00%             | 2026-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 7.75% 10/15/2031 144A                                                          | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5301.69      | 0.02%             | 2031-10-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| REDFIN CORPORATION                                                               | REDFIN CORP CONV 0.5% 04/01/2027                                                                        | CUSIP: 75737FAE8<br>LEI: 549300HXWD3JEMZU3O57 | Long             | DBT              | CORP              | US        |     20000 | PA      | $17776.00     | 0.07%             | 2027-04-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| WESTERN ALLIANCE BANCORPORATN                                                    | WESTERN ALLIANCE BANCORPORATN 3%/VAR 06/15/2031                                                         | CUSIP: 957638AD1<br>LEI: 5493003VJXZ5JXT9S762 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9232.40      | 0.03%             | 2031-06-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                 | TKC HOLDINGS INC 10.5% 05/15/2029 144A                                                                  | CUSIP: 87256YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $14392.17     | 0.05%             | 2029-05-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING CO LLC                                              | COLUMBIA PIPELINES OPERATING CO LLC 6.497% 08/15/2043 144A                                              | CUSIP: 19828TAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2009.39      | 0.01%             | 2043-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WASTE PRO USA INC                                                                | WASTE PRO USA INC 7% 02/01/2033 144A                                                                    | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5126.65      | 0.02%             | 2033-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                                | HSBC HOLDINGS PLC 3%/VAR 07/22/2028                                                                     | CUSIP: 404280CB3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $129137.66    | 0.48%             | 2028-07-22      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FINANCE SA                                                   | CONSOLIDATED ENERGY FINANCE SA 5.625% 10/15/2028 144A                                                   | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |      1000 | PA      | $807.34       | 0.00%             | 2028-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CANO HEALTH LLC                                                                  | CANO HEALTH LLC                                                                                         | CUSIP: N/A<br>LEI: 254900OGI2T8V1NXN639       | Long             | EC               | CORP              | US        |       444 | NS      | $5607.72      | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| AVANTOR FUNDING INC                                                              | AVANTOR FUNDING INC 4.625% 07/15/2028 144A                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1949.24      | 0.01%             | 2028-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| AMER SPORTS CO                                                                   | AMER SPORTS CO 6.75% 02/16/2031 144A                                                                    | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8317.72      | 0.03%             | 2031-02-16      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| KOSMOS ENERGY LTD                                                                | KOSMOS ENERGY LTD 8.75% 10/01/2031 144A                                                                 | CUSIP: 500688AJ5<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |      1000 | PA      | $760.21       | 0.00%             | 2031-10-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS L P / ARCHROCK PARTNERS FIN CORP                               | ARCHROCK PARTNERS LP / FIN CORP 6.625% 09/01/2032 144A                                                  | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $4021.04      | 0.02%             | 2032-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | CARVANA CO 4.875% 09/01/2029 144A                                                                       | CUSIP: 146869AH5<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |      1000 | PA      | $890.00       | 0.00%             | 2029-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD 5.625% 09/30/2031 144A                                                      | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      5000 | PA      | $4941.93      | 0.02%             | 2031-09-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CLUE OPCO LLC                                                                    | CLUE OPCO LLC 9.5% 10/15/2031 144A                                                                      | CUSIP: 36267QAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $3088.71      | 0.01%             | 2031-10-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ALTICE FING SA                                                                   | ALTICE FING SA 5.75% 08/15/2029 144A                                                                    | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |     26000 | PA      | $19872.91     | 0.07%             | 2029-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR SA                                                        | MILLICOM INTL CELLULAR SA 7.375% 04/02/2032 144A                                                        | CUSIP: 600814AS6<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |     80000 | PA      | $80870.00     | 0.30%             | 2032-04-02      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL GAMING AUTHORITY / MS DIGITAL ENTERTAINMENT HOLDINGS LLC          | MOHEGAN TRIBAL GAMING AUTHORITY / MS DIGITAL ENTERTAINMENT HOLDINGS LLC 8.25% 04/15/2030 144A           | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $6105.83      | 0.02%             | 2030-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6.375% 03/01/2029 144A                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5081.49      | 0.02%             | 2029-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTRIAL SERVICES INC                                                    | BRANDSAFWAY TERM B 1LN 08/01/2030                                                                       | CUSIP: 10524MAS6<br>LEI: 549300B658W2BPDQMW42 | Long             | LON              | CORP              | US        |      7957 | PA      | $6614.51      | 0.02%             | 2030-08-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | SEAGATE HDD CAYMAN 5.75% 12/01/2034                                                                     | CUSIP: 81180WAN1<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |      5000 | PA      | $4909.03      | 0.02%             | 2034-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| AMPRION GMBH                                                                     | AMPRION GMBH 3.625% 05/21/2031 REGS                                                                     | CUSIP: N/A<br>LEI: 529900ZIV0ETYHYZM863       | Long             | DBT              | CORP              | DE        |    100000 | PA      | $116065.10    | 0.44%             | 2031-05-21      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                                                    | PG and E CORP 7.375%/VAR 03/15/2055                                                                     | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18605.09     | 0.07%             | 2055-03-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                                        | ROGERS COMMUNICATIONS INC 7%/VAR 04/15/2055                                                             | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |      3000 | PA      | $3023.48      | 0.01%             | 2055-04-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| OPEN TR 2023-AIR                                                                 | OPEN TR 2023-AIR TSFR1M+383.799 10/15/2028 144A                                                         | CUSIP: 68373BAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     80000 | PA      | $80000.00     | 0.30%             | 2040-11-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| ARGENTUM NETHERLANDS BV FOR ZURICH INSURANCE CO LTD                              | ARGENTUM NETHERLANDS BV FOR ZURICH INSURANCE CO LTD 2.75%/VAR 02/19/2049 REGS                           | CUSIP: N/A<br>LEI: 724500RPEZI5VVQQWE89       | Long             | DBT              | CORP              | NL        |    100000 | PA      | $110686.05    | 0.41%             | 2049-02-19      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                               | ENERGY TRANSFER LP 6.625%/VAR PERP                                                                      | CUSIP: 29273VAJ9<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |     24000 | PA      | $23637.41     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV                               | ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV 7.875% 05/15/2034 144A                               | CUSIP: 68622FAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4312.26      | 0.02%             | 2034-05-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                                                  | GEN DIGITAL INC 6.25% 04/01/2033 144A                                                                   | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5055.52      | 0.02%             | 2033-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                                                           | SPIRIT AEROSYSTEMS INC 9.75% 11/15/2030 144A                                                            | CUSIP: 85205TAR1<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5521.32      | 0.02%             | 2030-11-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| RIVIAN HOLDCO and RIVIAN LLC and RIVIAN AUTOMOTIVE LLC                           | RIVIAN HOLDCO and RIVIAN LLC and RIVIAN AUTOMOTIVE LLC FRN TSFR6M+605.326 10/15/2026 144A               | CUSIP: 76954LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10050.00     | 0.04%             | 2026-10-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 6.25% 05/15/2026                                                          | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $2971.89      | 0.01%             | 2026-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| KREDITANSTALT FUR WIEDERAUFB                                                     | KREDITANSTALT FUR WIEDER(UNGTD 0.375% 04/23/2030 REGS                                                   | CUSIP: N/A<br>LEI: 549300GDPG70E3MBBU98       | Long             | DBT              | CORP              | DE        |     15000 | PA      | $15493.99     | 0.06%             | 2030-04-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.125% 11/15/2032                                                                             | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    244100 | PA      | $243022.53    | 0.91%             | 2032-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                                                           | WESCO DISTRIBUTION INC 6.375% 03/15/2033 144A                                                           | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12222.76     | 0.05%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                    | LGI HOMES INC 8.75% 12/15/2028 144A                                                                     | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4116.59      | 0.02%             | 2028-12-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| OWENS and MINOR INC                                                              | OWENS and MINOR INC 10% 04/15/2030 144A                                                                 | CUSIP: 690732AH5<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7311.39      | 0.03%             | 2030-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| COLUMBIA PIPELINES OPERATING CO LLC                                              | COLUMBIA PIPELINES OPERATING CO LLC 6.714% 08/15/2063 144A                                              | CUSIP: 19828TAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2030.03      | 0.01%             | 2063-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL ENVIRONMENTAL INC 3.5% 09/01/2028 144A                                                              | CUSIP: 36168QAM6<br>LEI: 5493008HF9XC5H29ZX61 | Long             | DBT              | CORP              | CA        |      2000 | PA      | $1905.12      | 0.01%             | 2028-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN POSEIDON LTD                                                          | TRANSOCEAN POSEIDON LTD 6.875% 02/01/2027 144A                                                          | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      1050 | PA      | $1051.20      | 0.00%             | 2027-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FLYNN RESTAURANT GROUP LP                                                        | FLYNN RESTAURANT TERM B 1LN 01/28/2032                                                                  | CUSIP: 34410JAG6<br>LEI: 5493008VE8TQONGO3817 | Long             | LON              | CORP              | US        |     10000 | PA      | $9910.00      | 0.04%             | 2032-01-28      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| ADT SECURITY CORP/THE                                                            | ADT SECURITY CORP/THE 4.125% 08/01/2029 144A                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     48000 | PA      | $45776.90     | 0.17%             | 2029-08-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| KRONOS ACQUISITION HOLDINGS INC                                                  | KRONOS ACQUISITION HOLDINGS INC 10.75% 06/30/2032 144A                                                  | CUSIP: 50106GAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1335.20      | 0.01%             | 2032-06-30      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | CARVANA CO 5.625% 10/01/2025 144A                                                                       | CUSIP: 146869AB8<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9939.42      | 0.04%             | 2025-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC STEP 04/01/2046                                                                       | CUSIP: 651229AY2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4065.40      | 0.02%             | 2046-04-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: —       |
| CONTOURGLOBAL PWR HLDGS S A                                                      | CONTOURGLOBAL PWR HLDGS S A 6.75% 02/28/2030 144A                                                       | CUSIP: 21220LAB9<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |     12000 | PA      | $12156.48     | 0.05%             | 2030-02-28      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LIQUID TELECOMMUNICATIONS FINANCING PLC                                          | LIQUID TELECOMMUNICATIONS FINANCING PLC 5.5% 09/04/2026 144A                                            | CUSIP: 536333AB3<br>LEI: 635400MXAVJRJJCWVI87 | Long             | DBT              | CORP              | GB        |     15000 | PA      | $12679.65     | 0.05%             | 2026-09-04      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM PARTNERS LP                                                       | HESS MIDSTREAM PARTNERS LP 6.5% 06/01/2029 144A                                                         | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5104.44      | 0.02%             | 2029-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PROPERTY PARTNERS EUROPE HOLDINGS SARL                                | BLACKSTONE PROP PARTNERS EUR HOLD 1% 05/04/2028 REGS                                                    | CUSIP: N/A<br>LEI: 213800Y3B5GQFBGVHP79       | Long             | DBT              | CORP              | LU        |    100000 | PA      | $106743.65    | 0.40%             | 2028-05-04      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| THUNDERBOLT III AIRCRAFT LEASE LTD                                               | THUNDERBOLT III AIRCRAFT LEASE LTD 2019-1 A 3.671% 11/15/2039 144A                                      | CUSIP: 88607AAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    103328 | PA      | $99995.57     | 0.37%             | 2039-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                                                       | TRONOX INC 4.625% 03/15/2029 144A                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |     15000 | PA      | $12540.86     | 0.05%             | 2029-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: —       |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 8.5% 02/15/2032 144A                                                       | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5125.22      | 0.02%             | 2032-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| CHENIERE ENERGY PARTNERS LP                                                      | CHENIERE ENERGY PARTNERS LP 5.75% 08/15/2034                                                            | CUSIP: 16411QAS0<br>LEI: 5493005UEC8AZ34LDV29 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5017.83      | 0.02%             | 2034-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| VTR FINANCE BV                                                                   | VTR FINANCE BV 6.375% 07/15/2028 144A                                                                   | CUSIP: 918374AA7<br>LEI: 213800F4XI4RJB82XM19 | Long             | DBT              | CORP              | NL        |     14000 | PA      | $13348.13     | 0.05%             | 2028-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SAMARCO MINERACAO SA                                                             | SAMARCO MINERACAO SA PIK VAR 06/30/2031 144A                                                            | CUSIP: 79588YAA7<br>LEI: 529900U8HKV15GJC4O60 | Long             | DBT              | CORP              | BR        |      9434 | PA      | $9139.19      | 0.03%             | 2031-06-30      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS INC 4.5% 05/01/2029 144A                                                       | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     14000 | PA      | $12427.30     | 0.05%             | 2029-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 3.75% 07/15/2029 144A                                                             | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      1000 | PA      | $820.67       | 0.00%             | 2029-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SEADRILL FINANCE LTD                                                             | SEADRILL FINANCE LTD 8.375% 08/01/2030 144A                                                             | CUSIP: 81172QAA2<br>LEI: 213800WMN3OHFUDHD642 | Long             | DBT              | CORP              | BM        |      5000 | PA      | $4898.69      | 0.02%             | 2030-08-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                                                    | PG and E CORP 5.25% 07/01/2030                                                                          | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |     17000 | PA      | $16494.45     | 0.06%             | 2030-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP / GLP FIN CORP                                                | GLOBAL PARTNERS LP / GLP FIN CORP 8.25% 01/15/2032 144A                                                 | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5197.66      | 0.02%             | 2032-01-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO INC                                                              | SIRIUS XM RADIO INC 4.125% 07/01/2030 144A                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     90000 | PA      | $81771.18     | 0.31%             | 2030-07-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC                          | MITER BRANDS ACQUISITION HOLDCO INC / MIWD BORROWER LLC 6.75% 04/01/2032 144A                           | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2015.05      | 0.01%             | 2032-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BAT INTERNATIONAL FINANCE PLC                                                    | BAT INTL FINANCE PLC 4.125% 04/12/2032 REGS                                                             | CUSIP: N/A<br>LEI: 21380041YBGOQDFAC823       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $116498.53    | 0.44%             | 2032-04-12      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 5.25% 06/15/2029 144A                                                                    | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6917.58      | 0.03%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                                                              | NOVA CHEMICALS CORP 8.5% 11/15/2028 144A                                                                | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |      4000 | PA      | $4213.38      | 0.02%             | 2028-11-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| C and W SENIOR FINANCE LTD                                                       | C and W SENIOR FINANCE LTD 9% 01/15/2033 144A                                                           | CUSIP: 12665MAA0<br>LEI: 213800CG16G1YMJRCG10 | Long             | DBT              | CORP              | KY        |     22000 | PA      | $21893.91     | 0.08%             | 2033-01-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | FORD MTR CR CO LLC 5.8% 03/08/2029                                                                      | CUSIP: 345397E58<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39447.92     | 0.15%             | 2029-03-08      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 7.125% 11/15/2031                                                                  | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     13000 | PA      | $13196.72     | 0.05%             | 2031-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                                                                      | FX Forward: USD/GBP settle 2025-07-08                                                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | N/A              | DFE              | CORP              | FR        |         1 | NC      | $-4197.48     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED PF HOLDINGS LLC                                                           | UNITED PLANET FITNESS TERM B 1LN 12/30/2026                                                             | CUSIP: 91132UAK9<br>LEI: 2549002AF6PASVP2G486 | Long             | LON              | CORP              | US        |       995 | PA      | $962.47       | 0.00%             | 2026-12-30      | Variable      | 0.13%                 | No            |                  2 | On Loan: No      |
| JAPAN GOVERNMENT OF                                                              | JAPAN GOVERNMENT OF 0.1% 12/20/2025                                                                     | CUSIP: N/A<br>LEI: 353800WZS8AXZXFUC241       | Long             | DBT              | NUSS              | JP        |  47900000 | PA      | $332189.22    | 1.25%             | 2025-12-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ALPHA GENERATION LLC                                                             | ALPHA GENERATION LLC 6.75% 10/15/2032 144A                                                              | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2039.14      | 0.01%             | 2032-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 4.75% 02/01/2032 144A                                                            | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $75909.15     | 0.28%             | 2032-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DCERT BUYER INC                                                                  | DIGICERT TERM B 2LN 02/19/2029                                                                          | CUSIP: 24022KAJ8<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |      9000 | PA      | $7762.50      | 0.03%             | 2029-02-19      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| DH CORPORATION/SOCIETE DH                                                        | FINASTRA CAN TL 09/13/29                                                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |       113 | PA      | $112.95       | 0.00%             | 2029-09-13      | Variable      | 0.11%                 | No            |                  3 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                         | CLOUD SOFTWARE GROUP INC 8.25% 06/30/2032 144A                                                          | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4205.89      | 0.02%             | 2032-06-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CITIBANK, N.A.                                                                   | FX Forward: USD/EUR settle 2025-07-08                                                                   | CUSIP: N/A<br>LEI: E57ODZWZ7FF32TWEFA76       | N/A              | DFE              | CORP              | US        |         1 | NC      | $-83.28       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GROUP INC                                                         | CLOUD SOFTWARE GROUP INC 9% 09/30/2029 144A                                                             | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     34000 | PA      | $34801.69     | 0.13%             | 2029-09-30      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| KOBE US MIDCO 2 INC                                                              | KOBE US MIDCO 2 INC PIK VAR 11/01/2026 144A                                                             | CUSIP: 499894AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     15687 | PA      | $13902.60     | 0.05%             | 2026-11-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 4.625% 06/01/2030 144A                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     49000 | PA      | $45787.60     | 0.17%             | 2030-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                                                           | HARVEST MIDSTREAM I LP 7.5% 05/15/2032 144A                                                             | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5137.13      | 0.02%             | 2032-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 4.875% 06/15/2029 144A                                                            | CUSIP: 527298CB7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      1000 | PA      | $908.23       | 0.00%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TULLOW OIL PLC                                                                   | TULLOW OIL PLC 10.25% 05/15/2026 144A                                                                   | CUSIP: 899415AG8<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |     15000 | PA      | $12976.50     | 0.05%             | 2026-05-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| RAND PARENT LLC                                                                  | RAND PARENT LLC 8.5% 02/15/2030 144A                                                                    | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $29561.55     | 0.11%             | 2030-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| VENTURE GLOBAL PLAQUE                                                            | VENTURE GLOBAL PLAQUE 7.75% 05/01/2035 144A                                                             | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5265.23      | 0.02%             | 2035-05-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| REWORLD HLDG CORP                                                                | REWORLD HLDG CORP 4.875% 12/01/2029 144A                                                                | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6627.84      | 0.02%             | 2029-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                                       | CAPITAL ONE FINANCIAL CORP 5.817%/VAR 02/01/2034                                                        | CUSIP: 14040HCY9<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15195.97     | 0.06%             | 2034-02-01      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                                             | OLYMPUS WATER US HOLDING CORPORATION 6.25% 10/01/2029 144A                                              | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4641.35      | 0.02%             | 2029-10-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD                                   | SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD 7.625%/VAR 03/01/2055 144A                               | CUSIP: 836720AF9<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |      2000 | PA      | $2018.72      | 0.01%             | 2055-03-01      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | PARKLAND CORP 6.625% 08/15/2032 144A                                                                    | CUSIP: 70137WAN8<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5011.10      | 0.02%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MKS INC                                                                          | MKS INC CONV 1.25% 06/01/2030                                                                           | CUSIP: 55306NAB0<br>LEI: 549300KEQATBHAGVF505 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6398.65      | 0.02%             | 2030-06-01      | Fixed         | 0.01%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 11% 11/15/2029 144A                                                               | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |       358 | PA      | $406.12       | 0.00%             | 2029-11-15      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4% 04/30/2032                                                                                 | CUSIP: 91282CNA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     80000 | PA      | $79212.50     | 0.30%             | 2032-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES EUROPE FINANCIALS                                                    | LONG GILT FUTURE SEP25 G U5                                                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | GB        |        -1 | NC      | $-1678.70     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CITGO PETROLEUM CORP                                                             | CITGO PETROLEUM CORP 8.375% 01/15/2029 144A                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7114.35      | 0.03%             | 2029-01-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | CLEVELAND-CLIFFS INC 6.875% 11/01/2029 144A                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4648.85      | 0.02%             | 2029-11-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| INSIGHT ENTERPRISES INC                                                          | INSIGHT ENTERPRISES INC 6.625% 05/15/2032 144A                                                          | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5094.68      | 0.02%             | 2032-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 6.75% 06/15/2033 144A                                                                    | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5070.06      | 0.02%             | 2033-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | PETROLEOS MEXICANOS 7.69% 01/23/2050                                                                    | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    500000 | PA      | $368200.00    | 1.38%             | 2050-01-23      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC                                                        | ROGERS COMMUNICATIONS INC 7.125%/VAR 04/15/2055                                                         | CUSIP: 775109DH1<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |      3000 | PA      | $3004.35      | 0.01%             | 2055-04-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                                                               | BAYTEX ENERGY CORP 7.375% 03/15/2032 144A                                                               | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $4538.79      | 0.02%             | 2032-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FINANCE CORP                     | ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FIN CORP 5.375% 06/15/2029 144A                         | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $3959.30      | 0.01%             | 2029-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| KRONOS ACQUISITION HOLDINGS INC                                                  | KRONOS ACQUISITION HOLDINGS INC 8.25% 06/30/2031 144A                                                   | CUSIP: 50106GAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $2624.01      | 0.01%             | 2031-06-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                                            | WILLIAMS SCOTSMAN INC 6.625% 06/15/2029 144A                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7138.33      | 0.03%             | 2029-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                                                             | WR GRACE HOLDING LLC 4.875% 06/15/2027 144A                                                             | CUSIP: 92943GAD3<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7887.66      | 0.03%             | 2027-06-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                    | LGI HOMES INC 7% 11/15/2032 144A                                                                        | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6500.48      | 0.02%             | 2032-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                                                            | HIGHTOWER HOLDING LLC 6.75% 04/15/2029 144A                                                             | CUSIP: 43118DAA8<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1972.25      | 0.01%             | 2029-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS                                                          | US ACUTE CARE SOLUTIONS 9.75% 05/15/2029 144A                                                           | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $13213.06     | 0.05%             | 2029-05-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                         | ALTICE FRANCE HOLDING SA 6% 02/15/2028 144A                                                             | CUSIP: 02156TAA2<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |     10000 | PA      | $3641.76      | 0.01%             | 2028-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MODIVCARE INC                                                                    | MODIVCARE TERM B 1LN 07/01/2031                                                                         | CUSIP: 60783LAC4<br>LEI: 549300EFZIFW7F7I0Q28 | Long             | LON              | CORP              | US        |      4963 | PA      | $3330.42      | 0.01%             | 2031-07-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| INTELSAT JACKSON HLDGS SA                                                        | INTELSAT JACKSON HLDGS SA 6.5% 03/15/2030 144A                                                          | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | LU        |      6000 | PA      | $5900.33      | 0.02%             | 2030-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP                     | TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP 6% 12/31/2030 144A                         | CUSIP: 87470LAJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $11498.23     | 0.04%             | 2030-12-31      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                                                         | HAH GROUP HOLDING CO LLC 9.75% 10/01/2031 144A                                                          | CUSIP: 40518JAA7<br>LEI: 254900FFJQHW9R90FL74 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6971.56      | 0.03%             | 2031-10-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                                                    | DISH DBS CORP 5.125% 06/01/2029                                                                         | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $10519.13     | 0.04%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFTWARE HOLDINGS INC / ION CORPORATE SOLUTIONS FINANCE SARL              | HELIOS SOFTWARE HOLDINGS INC / ION CORPORATE SOLUTIONS FINANCE SARL 8.75% 05/01/2029 144A               | CUSIP: 42329HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $3045.84      | 0.01%             | 2029-05-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| HAH GROUP HOLDING CO LLC                                                         | HELP AT HOME TERM 1LN 09/24/2031                                                                        | CUSIP: 40467AAN9<br>LEI: 254900FFJQHW9R90FL74 | Long             | LON              | CORP              | US        |      3000 | PA      | $2935.77      | 0.01%             | 2031-09-24      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC / OUTFRONT MEDIA CAP CORP                                 | OUTFRONT MEDIA CAP LLC / OUTFRONT MEDIA CAP CORP 7.375% 02/15/2031 144A                                 | CUSIP: 69007TAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5280.27      | 0.02%             | 2031-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                                                 | GGAM FINANCE LTD 8% 06/15/2028 144A                                                                     | CUSIP: 36170JAA4<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |      2000 | PA      | $2101.03      | 0.01%             | 2028-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                                                     | US FOODS INC 6.875% 09/15/2028 144A                                                                     | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7197.62      | 0.03%             | 2028-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | NAVIENT CORP 5.5% 03/15/2029                                                                            | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4810.16      | 0.02%             | 2029-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 6% 01/15/2033 144A                                                                        | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6926.58      | 0.03%             | 2033-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| COGENT COMMUNICATIONS GROUP INC / COGENT COMMUNICATIONS FINANCE INC              | COGENT COMMUNICATIONS GROUP INC / COGENT COMMUNICATIONS FINANCE INC 7% 06/15/2027 144A                  | CUSIP: 19240WAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5030.92      | 0.02%             | 2027-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CAST and CREW PAYROLL LLC                                                        | CAST and CREW TERM B 1LN 12/29/2028                                                                     | CUSIP: 14835JAQ3<br>LEI: 549300XE7OZGFGN5F466 | Long             | LON              | CORP              | US        |     10959 | PA      | $10123.21     | 0.04%             | 2028-12-29      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES                                                               | LUMEN TECHNOLOGIES TERM B2 1LN SUPER_PRIORITY 04/15/2030                                                | CUSIP: 55024EAG0<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |      9987 | PA      | $9877.76      | 0.04%             | 2030-04-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION HOLDINGS INC                                              | CLYDESDALE ACQUISITION HOLDINGS INC 8.75% 04/15/2030 144A                                               | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4090.52      | 0.02%             | 2030-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| BX TRUST 2025-DIME                                                               | BX TRUST 2025-DIME B TSFR1M+150 02/15/2030 144A                                                         | CUSIP: 05613UAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     83000 | PA      | $82325.63     | 0.31%             | 2035-02-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                                                          | SENSATA TECHNOLOGIES BV 4% 04/15/2029 144A                                                              | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |      5000 | PA      | $4693.51      | 0.02%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| EXCELERATE ENERGY LP                                                             | EXCELERATE ENERGY LP 8% 05/15/2030 144A                                                                 | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6211.39      | 0.02%             | 2030-05-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                                                            | GFL ENVIRONMENTAL INC 6.75% 01/15/2031 144A                                                             | CUSIP: 36168QAQ7<br>LEI: 5493008HF9XC5H29ZX61 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5186.50      | 0.02%             | 2031-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 4.5% 08/15/2030 144A                                                             | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1875.30      | 0.01%             | 2030-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT INC                                                        | CAESARS ENTERTAINMENT INC 6% 10/15/2032 144A                                                            | CUSIP: 12769GAD2<br>LEI: 5299000BKFWWVND5L441 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4796.44      | 0.02%             | 2032-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF COLOMBIA                                                             | COLOMBIA REPUBLIC OF 8% 11/14/2035                                                                      | CUSIP: 195325EL5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    200000 | PA      | $200200.00    | 0.75%             | 2035-11-14      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FINASTRA USA INC                                                                 | FINASTRA TERM 1LN 9/13/2029                                                                             | CUSIP: N/A<br>LEI: 549300ZB2RO6QC7YTK71       | Long             | LON              | CORP              | US        |      4837 | PA      | $4837.01      | 0.02%             | 2029-09-13      | Variable      | 0.12%                 | No            |                  3 | On Loan: No      |
| STAPLES INC                                                                      | STAPLES TERM B 1LN 9/4/2029                                                                             | CUSIP: 855031AU4<br>LEI: XQM2JINI1UL7642TU573 | Long             | LON              | CORP              | US        |      5960 | PA      | $5320.36      | 0.02%             | 2029-09-04      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | NAVIENT CORP 4.875% 03/15/2028                                                                          | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |      1000 | PA      | $975.56       | 0.00%             | 2028-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BRAZIL, FEDERATIVE REPUBLIC OF                                                   | BRAZIL FEDERATIVE REPUBLIC OF 5.625% 02/21/2047                                                         | CUSIP: 105756BY5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    200000 | PA      | $158325.00    | 0.59%             | 2047-02-21      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                                          | BANK OF NOVA SCOTIA T5Y+NA PERP                                                                         | CUSIP: 064159VJ2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EP               | CORP              | CA        |    150000 | PA      | $149903.27    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                                         | NOTA DO TESOURO NACIONAL 10% 01/01/2033                                                                 | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |    400000 | PA      | $58033.92     | 0.22%             | 2033-01-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP                           | DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FIN CORP 8.625% 03/15/2029 144A                           | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     30000 | PA      | $31070.04     | 0.12%             | 2029-03-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.375% 05/15/2034                                                                             | CUSIP: 91282CKQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7438000 | PA      | $7458919.38   | 27.96%            | 2034-05-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PBF HLDG CO LLC / PBF FIN CORP                                                   | PBF HLDG CO LLC / PBF FIN CORP 9.875% 03/15/2030 144A                                                   | CUSIP: 69318FAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $11473.00     | 0.04%             | 2030-03-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 6.25% 02/15/2032 144A                                                                    | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5083.57      | 0.02%             | 2032-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                               | SEAGATE HDD CAYMAN 8.25% 12/15/2029                                                                     | CUSIP: 81180WBN0<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |      7000 | PA      | $7461.55      | 0.03%             | 2029-12-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| AMERICAN ROCK SALT CO LLC                                                        | AMERICAN ROCK SALT TERM 1ST OUT TL B 1LN 6/9/2028                                                       | CUSIP: 02932JAT4<br>LEI: 549300FBKBNV4GSVVR46 | Long             | LON              | CORP              | US        |       368 | PA      | $367.57       | 0.00%             | 2028-06-09      | Variable      | 0.12%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                 | TKC HOLDINGS INC 6.875% 05/15/2028 144A                                                                 | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4973.09      | 0.02%             | 2028-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DAVITA INC                                                                       | DAVITA INC 6.875% 09/01/2032 144A                                                                       | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5079.21      | 0.02%             | 2032-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING MATERIALS INC                                                | FOUNDATION BUILDING MATERIALS TERM 1LN 1/31/2028                                                        | CUSIP: 35039KAB2<br>LEI: 549300ZVE6MONHB01I28 | Long             | LON              | CORP              | US        |      7979 | PA      | $7719.31      | 0.03%             | 2028-01-31      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                                                   | BAUSCH HEALTH TERM B 1LN 10/08/2030                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | CA        |     10000 | PA      | $9476.40      | 0.04%             | 2030-10-08      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORPORATION                                                           | FAIR ISAAC CORPORATION 6% 05/15/2033 144A                                                               | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     15000 | PA      | $14971.68     | 0.06%             | 2033-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| USA COMPRESSION PARTNERS LP / USA COMPRESSION FIN CORP                           | USA COMPRESSION PARTNERS LP / USA COMPRESSION FIN CORP 7.125% 03/15/2029 144A                           | CUSIP: 91740PAG3<br>LEI: 549300ZWL4J1LYMOWK56 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5078.58      | 0.02%             | 2029-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CALPINE CORPORATION                                                              | CALPINE CORPORATION 5.125% 03/15/2028 144A                                                              | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2973.92      | 0.01%             | 2028-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP                     | TALLGRASS ENERGY PARTNERS LP / TALLGRASS ENERGY FINANCE CORP 6% 09/01/2031 144A                         | CUSIP: 87470LAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $42886.38     | 0.16%             | 2031-09-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                        | SUNOCO LP 7.25% 05/01/2032 144A                                                                         | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5198.78      | 0.02%             | 2032-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGNE PARTNERS LP                                                       | TRANSMONTAIGNE PARTNERS LP 8.5% 06/15/2030 144A                                                         | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $4083.38      | 0.02%             | 2030-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ENPRO INC                                                                        | ENPRO INC 6.125% 06/01/2033 144A                                                                        | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5037.19      | 0.02%             | 2033-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC                                         | ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC 4.125% 06/15/2028 144A                                         | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |      9000 | PA      | $8615.16      | 0.03%             | 2028-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                                                            | TENET HEALTHCARE CORP 6.125% 06/15/2030                                                                 | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     46000 | PA      | $46413.03     | 0.17%             | 2030-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES OPERATING LLC                                                  | PERMIAN RESOURCES OPERATING LLC 7% 01/15/2032 144A                                                      | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6154.77      | 0.02%             | 2032-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| INSULET CORP                                                                     | INSULET CORP 6.5% 04/01/2033 144A                                                                       | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5141.28      | 0.02%             | 2033-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP / CLARIOS US FINANCE CO                                        | CLARIOS GLOBAL LP / CLARIOS US FINANCE CO 6.75% 02/15/2030 144A                                         | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $4074.04      | 0.02%             | 2030-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | SFR TERM B14 1LN 08/15/2028                                                                             | CUSIP: N/A<br>LEI: 5493001ZMCICV4N02J21       | Long             | LON              | CORP              | FR        |     10972 | PA      | $10078.78     | 0.04%             | 2028-08-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC                        | VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC 9.5% 06/01/2028 144A                          | CUSIP: 92841HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | MT        |      4000 | PA      | $3940.41      | 0.01%             | 2028-06-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 4% 10/15/2030 144A                                                       | CUSIP: 68245XAM1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     51000 | PA      | $46903.04     | 0.18%             | 2030-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TALOS PRODUCTION INC                                                             | TALOS PRODUCTION INC 9% 02/01/2029 144A                                                                 | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4965.93      | 0.02%             | 2029-02-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE LTD                                                      | ENERGEAN ISRAEL FINANCE LTD 5.375% 03/30/2028 144A REGS                                                 | CUSIP: N/A<br>LEI: 98450044QACBL3F8EB03       | Long             | DBT              | CORP              | IL        |      4000 | PA      | $3795.98      | 0.01%             | 2028-03-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP 5.65% 03/01/2053                                                                                | CUSIP: 55336VBW9<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $44274.55     | 0.17%             | 2053-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CARNIVAL CORP 5.875% 06/15/2031 144A                                                                    | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     10000 | PA      | $10006.00     | 0.04%             | 2031-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | CLEVELAND-CLIFFS INC 7% 03/15/2032 144A                                                                 | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10350.57     | 0.04%             | 2032-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                            | AMERICAN AIRLINES INC 7.25% 02/15/2028 144A                                                             | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5049.98      | 0.02%             | 2028-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| QUIKRETE HOLDINGS INC                                                            | QUIKRETE HOLDINGS INC 6.75% 03/01/2033 144A                                                             | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11162.21     | 0.04%             | 2033-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES LLC / WINDSTREAM ESCROW FINANCE CORP                         | WINDSTREAM SERVICES LLC / WINDSTREAM ESCROW FINANCE CORP 8.25% 10/01/2031 144A                          | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     21000 | PA      | $21855.67     | 0.08%             | 2031-10-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD                                                      | ROYAL CARIBBEAN CRUISES LTD 6.25% 03/15/2032 144A                                                       | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |      2000 | PA      | $2027.00      | 0.01%             | 2032-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 6.375% 03/01/2033 144A                                                                   | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4963.46      | 0.02%             | 2033-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.625% 04/30/2029                                                                             | CUSIP: 91282CKP5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     30000 | PA      | $30760.55     | 0.12%             | 2029-04-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD ED                                                                | CHICAGO IL BOE 1.75% 12/15/25                                                                           | CUSIP: 167505KK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $195793.36    | 0.73%             | 2025-12-15      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| CHAMPIONS FINANCING INC                                                          | CHAMPIONS FINANCING INC 8.75% 02/15/2029 144A                                                           | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6519.89      | 0.02%             | 2029-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| NEXTERA ENERGY OPERATING PARTNERS LP                                             | NEXTERA ENERGY OPERATING PARTNERS LP 8.625% 03/15/2033 144A                                             | CUSIP: 98380MAB1<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5244.98      | 0.02%             | 2033-03-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| PERMIAN RESOURCES OPERATING LLC                                                  | PERMIAN RESOURCES OPERATING LLC 6.25% 02/01/2033 144A                                                   | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3946.59      | 0.01%             | 2033-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HOLDINGS LTD                                                | MACQUARIE AIRFINANCE HOLDINGS LTD 8.125% 03/30/2029 144A                                                | CUSIP: 55609NAB4<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      6000 | PA      | $6278.83      | 0.02%             | 2029-03-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 4.625% 04/15/2030 144A                                                                   | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47319.07     | 0.18%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                                       | CAPITAL ONE FINANCIAL CORP 5.468%/VAR 02/01/2029                                                        | CUSIP: 14040HCX1<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9159.90      | 0.03%             | 2029-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| WEBER-STEPHEN PRODUCTS LLC                                                       | WEBER-STEPHEN PRODUCTS TERM B 1LN 10/30/2027                                                            | CUSIP: 94767KAP6<br>LEI: 549300XU8TJBBGLK8V26 | Long             | LON              | CORP              | US        |      9974 | PA      | $9916.21      | 0.04%             | 2027-10-30      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC                                                         | VISTRA OPERATIONS CO LLC 5% 07/31/2027 144A                                                             | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46863.01     | 0.18%             | 2027-07-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | NAVIENT CORP 5.625% 08/01/2033                                                                          | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |      1000 | PA      | $879.64       | 0.00%             | 2033-08-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| XPO INC                                                                          | XPO INC 6.25% 06/01/2028 144A                                                                           | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5049.96      | 0.02%             | 2028-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                      | CHEMOURS CO 5.375% 05/15/2027                                                                           | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1957.82      | 0.01%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC                             | PRIMO WATER HOLDINGS INC / TRITON WATER HOLDINGS INC 6.25% 04/01/2029 144A                              | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $6008.14      | 0.02%             | 2029-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                    | CORECIVIC INC 8.25% 04/15/2029                                                                          | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5284.67      | 0.02%             | 2029-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.375% 02/15/2038                                                           | CUSIP: 912810PW2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     70000 | PA      | $68788.67     | 0.26%             | 2038-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ZF NORTH AMER CAP INC                                                            | ZF NORTH AMER CAP INC 6.75% 04/23/2030 144A                                                             | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4748.65      | 0.02%             | 2030-04-23      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 7.875%/VAR 06/15/2054                                                              | CUSIP: 281020AZ0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5772.74      | 0.02%             | 2054-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: —       |
| HIGHTOWER HOLDING LLC                                                            | HIGHTOWER HOLDING LLC 9.125% 01/31/2030 144A                                                            | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5204.51      | 0.02%             | 2030-01-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC                        | VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC 6.375% 02/01/2030 144A                        | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | MT        |     14000 | PA      | $12570.67     | 0.05%             | 2030-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINL INC 6.646%/VAR 01/17/2040                                                                     | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13444.60     | 0.05%             | 2040-01-17      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN INC DEL                                                            | KINDER MORGAN INC DEL 3.6% 02/15/2051                                                                   | CUSIP: 49456BAT8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $132747.97    | 0.50%             | 2051-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| KOSMOS ENERGY LTD                                                                | KOSMOS ENERGY LTD 7.75% 05/01/2027 144A                                                                 | CUSIP: 500688AF3<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2605.74      | 0.01%             | 2027-05-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ARIS WATER HOLDINGS LLC                                                          | ARIS WATER HOLDINGS LLC 7.25% 04/01/2030 144A                                                           | CUSIP: 04041NAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7037.86      | 0.03%             | 2030-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV LLC                                                       | MAJORDRIVE HOLDINGS IV LLC 6.375% 06/01/2029 144A                                                       | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7533.05      | 0.03%             | 2029-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                                                    | PG and E CORP CONV 4.25% 12/01/2027                                                                     | CUSIP: 69331CAL2<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6225.00      | 0.02%             | 2027-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| COHERENT CORP                                                                    | COHERENT CORP 5% 12/15/2029 144A                                                                        | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4844.82      | 0.02%             | 2029-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CONSTANT CONTACT INC                                                             | CONSTANT CONTACT INC TERM B 2LN 02/12/2029                                                              | CUSIP: 21031HAE1<br>LEI: 2549000JW50H0AI5B946 | Long             | LON              | CORP              | US        |      1000 | PA      | $806.25       | 0.00%             | 2029-02-12      | Variable      | 0.12%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS INC 8.5% 07/31/2031 144A                                                       | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     16000 | PA      | $15362.59     | 0.06%             | 2031-07-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| JPMORGAN CHASE BANK NA NEW YORK NY                                               | FX Forward: USD/CAD settle 2025-07-08                                                                   | CUSIP: N/A<br>LEI: 7H6GLXDRUGQFU57RNE97       | N/A              | DFE              | CORP              | US        |         1 | NC      | $-6.60        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC 8.5% 06/01/2028 144A                                                                  | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9310.94      | 0.03%             | 2028-06-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.25% 08/15/2054                                                            | CUSIP: 912810UC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1217400 | PA      | $1088621.91   | 4.08%             | 2054-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SUBWAY FDG LLC ISSUER                                                            | SUBWAY FDG LLC ISSUER 5.246% 07/30/2054 144A                                                            | CUSIP: 864300AG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     24875 | PA      | $24428.29     | 0.09%             | 2054-07-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8% 02/01/2027 144A                                                                       | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     12000 | PA      | $11731.48     | 0.04%             | 2027-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                                                               | RITHM CAPITAL CORP 6.25% 10/15/2025 144A                                                                | CUSIP: 64828TAA0<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |      1000 | PA      | $1000.71      | 0.00%             | 2025-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DHL GROUP                                                                        | DHL GROUP 3.125% 06/05/2032 REGS                                                                        | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | DBT              | CORP              | DE        |     25000 | PA      | $28389.66     | 0.11%             | 2032-06-05      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| COINBASE GLOBAL INC                                                              | COINBASE GLOBAL INC 3.625% 10/01/2031 144A                                                              | CUSIP: 19260QAD9<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3481.28      | 0.01%             | 2031-10-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                                                           | PATRICK INDUSTRIES INC 6.375% 11/01/2032 144A                                                           | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2956.96      | 0.01%             | 2032-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC                                                           | CACI INTERNATIONAL INC 6.375% 06/15/2033 144A                                                           | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |      9000 | PA      | $9174.96      | 0.03%             | 2033-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HTA GROUP LTD/MAURITIUS                                                          | HTA GROUP LTD/MAURITIUS 7.5% 06/04/2029 144A                                                            | CUSIP: 40435WAC4<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |     17000 | PA      | $17281.01     | 0.06%             | 2029-06-04      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | ALTICE USA TERM B6 1LN 01/18/2028                                                                       | CUSIP: 64072UAM4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | LON              | CORP              | US        |      2992 | PA      | $2951.21      | 0.01%             | 2028-01-18      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC                                                               | CROWN AMERICAS LLC 5.875% 06/01/2033 144A                                                               | CUSIP: 228180AC9<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |     10000 | PA      | $9931.92      | 0.04%             | 2033-06-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 3.625% 01/15/2029 144A                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4150.00      | 0.02%             | 2029-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 9% 06/15/2030                                                             | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4532.28      | 0.02%             | 2030-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND VACATIONS BORROWER LLC / HILTON GRAND VACATIONS BORROWER INC        | HILTON GRAND VACATIONS BORROWER LLC / HILTON GRAND VACATIONS BORROWER INC 6.625% 01/15/2032 144A        | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4993.65      | 0.02%             | 2032-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC                                                     | UNIVISION COMMUNICATIONS INC 8% 08/15/2028 144A                                                         | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6003.84      | 0.02%             | 2028-08-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| WH BORROWER LLC                                                                  | WHP TERM B 1LN 02/20/2032                                                                               | CUSIP: 92942LAG6<br>LEI: 2549009H920CQUE3R944 | Long             | LON              | CORP              | US        |      9000 | PA      | $8912.79      | 0.03%             | 2032-02-20      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 4.75% 02/15/2045                                                                              | CUSIP: 912810UJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     30000 | PA      | $29282.81     | 0.11%             | 2045-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AMER INC                                                    | UNITED RENTALS NORTH AMER INC 6.125% 03/15/2034 144A                                                    | CUSIP: 911365BR4<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5068.05      | 0.02%             | 2034-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV                                    | TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV 5.75% 12/01/2030                                          | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $201989.52    | 0.76%             | 2030-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | NAVIENT CORP 5% 03/15/2027                                                                              | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5939.00      | 0.02%             | 2027-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                                                   | TRANSOCEAN INC 8.25% 05/15/2029 144A                                                                    | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |      5000 | PA      | $4508.83      | 0.02%             | 2029-05-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| PACIFICORP                                                                       | PACIFICORP 7.375%/VAR 09/15/2055                                                                        | CUSIP: 695114DF2<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |      8000 | PA      | $8139.44      | 0.03%             | 2055-09-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CLUBCORP HLDGS INC                                                               | CLUBCORP HLDGS INC 8.5% 09/15/2025 144A                                                                 | CUSIP: 210374AA2<br>LEI: 549300XWSO7KBICXNW37 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5850.00      | 0.02%             | 2025-09-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES LTD                                                            | NABORS INDUSTRIES LTD 7.5% 01/15/2028 144A                                                              | CUSIP: 629571AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      9000 | PA      | $7518.63      | 0.03%             | 2028-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                                                      | CHEMOURS CO 5.75% 11/15/2028 144A                                                                       | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35816.23     | 0.13%             | 2028-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                                                              | KINETIK HOLDINGS LP 6.625% 12/15/2028 144A                                                              | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12238.23     | 0.05%             | 2028-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DPL INC                                                                          | DPL INC 4.35% 04/15/2029                                                                                | CUSIP: 233293AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    340000 | PA      | $327233.80    | 1.23%             | 2029-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| METHANEX US OPERATIONS INC                                                       | METHANEX US OPERATIONS INC 6.25% 03/15/2032 144A                                                        | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4838.60      | 0.02%             | 2032-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING BV                                                       | ALCOA NEDERLAND HOLDING BV 7.125% 03/15/2031 144A                                                       | CUSIP: 013822AH4<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |     11000 | PA      | $11419.69     | 0.04%             | 2031-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM PARTNERS LP                                                       | HESS MIDSTREAM PARTNERS LP 5.875% 03/01/2028 144A                                                       | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $12118.13     | 0.05%             | 2028-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC                       | UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 6.5% 02/15/2029 144A                         | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1000 | PA      | $942.84       | 0.00%             | 2029-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SCIH SALT HLDGS INC                                                              | SCIH SALT HLDGS INC 4.875% 05/01/2028 144A                                                              | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1941.43      | 0.01%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                                                              | HUDBAY MINERALS INC 4.5% 04/01/2026 144A                                                                | CUSIP: 443628AJ1<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |      3000 | PA      | $2973.35      | 0.01%             | 2026-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                             | WESTERN DIGITAL CORP 3.1% 02/01/2032                                                                    | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1726.54      | 0.01%             | 2032-02-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ASURION LLC                                                                      | ASURION TERM B3 2LN 01/31/2028                                                                          | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |      7000 | PA      | $6746.25      | 0.03%             | 2028-01-31      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK OF COMMERCE                                               | FX Forward: EUR/USD settle 2025-07-08                                                                   | CUSIP: N/A<br>LEI: 2IGI19DL77OX0HC3ZE78       | N/A              | DFE              | CORP              | CA        |         1 | NC      | $1794.03      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| EDISON INTERNATIONAL                                                             | EDISON INTERNATIONAL 8.125%/VAR 06/15/2053                                                              | CUSIP: 281020AX5<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5927.56      | 0.02%             | 2053-06-15      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                                                                 | CSC HOLDINGS LLC 4.5% 11/15/2031 144A                                                                   | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1352.26      | 0.01%             | 2031-11-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                                                          | JANE STREET GRP/JSG FIN 7.125% 04/30/2031 144A                                                          | CUSIP: 47077WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5223.32      | 0.02%             | 2031-04-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CHS/CMNTY HEALTH SYSTEMS INC                                                     | CHS/CMNTY HEALTH SYSTEMS INC 6.125% 04/01/2030 144A                                                     | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     18000 | PA      | $13905.16     | 0.05%             | 2030-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                                                            | BAUSCH HEALTH COS INC 5.25% 01/30/2030 144A                                                             | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |      3000 | PA      | $1702.80      | 0.01%             | 2030-01-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 6.25% 11/01/2034 144A                                                                    | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5001.69      | 0.02%             | 2034-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RES HLDGS INC                                                         | MOSS CREEK RES HLDGS INC 8.25% 09/01/2031 144A                                                          | CUSIP: 61965RAC9<br>LEI: 54930037SLMSPWKYIX36 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7713.64      | 0.03%             | 2031-09-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ZF FINANCE GMBH                                                                  | ZF FINANCE GMBH 2% 05/06/2027 REGS                                                                      | CUSIP: N/A<br>LEI: 5493001N9T6QDCCXB426       | Long             | DBT              | CORP              | DE        |    100000 | PA      | $108568.89    | 0.41%             | 2027-05-06      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                                                                         | VIRIDIEN 10% 10/15/2030 144A                                                                            | CUSIP: 12531QAA3<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |      7000 | PA      | $6605.70      | 0.02%             | 2030-10-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| NORTHERN OIL AND GAS INC                                                         | NORTHERN OIL AND GAS INC 8.75% 06/15/2031 144A                                                          | CUSIP: 665530AB7<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5039.86      | 0.02%             | 2031-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                                                         | NOTA DO TESOURO NACIONAL 10% 01/01/2027                                                                 | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |    400000 | PA      | $66139.96     | 0.25%             | 2027-01-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| PG and E CORP                                                                    | PG and E CORP 5% 07/01/2028                                                                             | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6829.95      | 0.03%             | 2028-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS INC                                                       | BAUSCH HEALTH AMERICAS INC 9.25% 04/01/2026 144A                                                        | CUSIP: 91911XAV6<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8866.80      | 0.03%             | 2026-04-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CARNIVAL CORP 6.125% 02/15/2033 144A                                                                    | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     17000 | PA      | $17045.76     | 0.06%             | 2033-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| RAILWORKS HOLDINGS LP/R                                                          | RAILWORKS HOLDINGS LP/R 8.25% 11/15/2028 144A                                                           | CUSIP: 75079MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $13199.55     | 0.05%             | 2028-11-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC                        | VISTAJET MALTA FINANCE PLC / VISTA MANAGEMENT HOLDING INC 7.875% 05/01/2027 144A                        | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | MT        |     10000 | PA      | $9788.69      | 0.04%             | 2027-05-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | BOEING CO 6.298% 05/01/2029                                                                             | CUSIP: 097023DQ5<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3155.37      | 0.01%             | 2029-05-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC                                                         | BUILDERS FIRSTSOURCE INC 6.375% 03/01/2034 144A                                                         | CUSIP: 12008RAS6<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4981.66      | 0.02%             | 2034-03-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| DB MASTER FIN LLC                                                                | DNKN 2017-1A A2II 4.03% 11/20/2047 144A                                                                 | CUSIP: 233046AF8<br>LEI: 549300F17UZJL70BPB08 | Long             | ABS-CBDO         | CORP              | US        |    115938 | PA      | $114100.91    | 0.43%             | 2047-11-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                                                               | FORESTAR GROUP INC 6.5% 03/15/2033 144A                                                                 | CUSIP: 346232AG6<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11899.15     | 0.04%             | 2033-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| Connect Holding II LLC                                                           | BRIGHTSPEED TERM B-DD 1LN 04/03/2031                                                                    | CUSIP: 20752KAN3<br>LEI: 254900LCX7S2QHYUOI31 | Long             | LON              | CORP              | US        |      7035 | PA      | $6470.16      | 0.02%             | 2031-04-03      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                              | AXON ENTERPRISE INC 6.125% 03/15/2030 144A                                                              | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12238.80     | 0.05%             | 2030-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SIGMA HOLDCO BV                                                                  | SIGMA HOLDCO BV 7.875% 05/15/2026 144A                                                                  | CUSIP: 82660CAA0<br>LEI: 254900RAPCKVT00GAO59 | Long             | DBT              | CORP              | NL        |      6000 | PA      | $5963.85      | 0.02%             | 2026-05-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                                                    | PRA GROUP INC 8.875% 01/31/2030 144A                                                                    | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6150.22      | 0.02%             | 2030-01-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| REALOGY GROUP LLC / REALOGY CO-ISSUER CORP                                       | REALOGY GROUP LLC / REALOGY CO-ISSUER CORP 5.25% 04/15/2030 144A                                        | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1553.33      | 0.01%             | 2030-04-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| PBF HLDG CO LLC / PBF FIN CORP                                                   | PBF HLDG CO LLC / PBF FIN CORP 6% 02/15/2028                                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1000 | PA      | $928.49       | 0.00%             | 2028-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM PARTNERS LP                                                       | HESS MIDSTREAM PARTNERS LP 4.25% 02/15/2030 144A                                                        | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     48000 | PA      | $45750.32     | 0.17%             | 2030-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC               | FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC 4.625% 01/15/2029 144A               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1875.78      | 0.01%             | 2029-01-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC / ALLIED UNIVERSAL FINANCE CORP                      | ALLIED UNVL HOLDCO LLC / ALLIED UNVL FIN CORP 9.75% 07/15/2027 144A                                     | CUSIP: 019576AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     37000 | PA      | $37304.06     | 0.14%             | 2027-07-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                                                             | CLEVELAND-CLIFFS INC 7.5% 09/15/2031 144A                                                               | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     12000 | PA      | $10790.83     | 0.04%             | 2031-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| LIFE TIME INC                                                                    | LIFE TIME INC 6% 11/15/2031 144A                                                                        | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12026.81     | 0.05%             | 2031-11-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                                                           | RADIOLOGY PARTNERS INC PIK VAR 01/31/2029 144A                                                          | CUSIP: 75041VAB0<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |      9526 | PA      | $9573.63      | 0.04%             | 2029-01-31      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| AERCAP GLOBAL AVIATION TR                                                        | AERCAP GLOBAL AVIATION TR 6.5%/VAR 06/15/2045 144A                                                      | CUSIP: 00773HAA5<br>LEI: 635400FBSV8LXXNRV758 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5005.23      | 0.02%             | 2045-06-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| TARGA RES CORP                                                                   | TARGA RES CORP 4.2% 02/01/2033                                                                          | CUSIP: 87612GAA9<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    160000 | PA      | $146245.81    | 0.55%             | 2033-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC 6.5% 05/15/2032                                                                               | CUSIP: 852234AS2<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17373.78     | 0.07%             | 2032-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP CPIK 3.875% 11/30/2030                                                                    | CUSIP: 278768AB2<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |     18702 | PA      | $17949.67     | 0.07%             | 2030-11-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                     | SPIRIT AVIATION HOLDINGS INC (RESTRICTED)                                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |        33 | NS      | $197.67       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO                                                                        | BOEING CO 6.528% 05/01/2034                                                                             | CUSIP: 097023DS1<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3202.12      | 0.01%             | 2034-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MACQUARIE AIRFINANCE HOLDINGS LTD                                                | MACQUARIE AIRFINANCE HOLDINGS LTD 6.5% 03/26/2031 144A                                                  | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | GB        |      5000 | PA      | $5196.59      | 0.02%             | 2031-03-26      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                                                    | ECHOSTAR CORP PIK VAR 11/30/2030                                                                        | CUSIP: 278768AA4<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |      4960 | PA      | $4265.60      | 0.02%             | 2030-11-30      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| TPC GROUP INC                                                                    | TPC GROUP TERM 1LN 12/16/2031                                                                           | CUSIP: 87266EAG0<br>LEI: 549300K276KVW5JD1583 | Long             | LON              | CORP              | US        |     13000 | PA      | $12458.29     | 0.05%             | 2031-12-16      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                     | Fidelity Cash Central Fund                                                                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    352978 | NS      | $353048.86    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX INC                                                                          | WEX INC 6.5% 03/15/2033 144A                                                                            | CUSIP: 96208TAD6<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11868.68     | 0.04%             | 2033-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 5.25% 05/15/2027                                                          | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $25692.75     | 0.10%             | 2027-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORP                                                       | CAPITAL ONE FINANCIAL CORP 7.624%/VAR 10/30/2031                                                        | CUSIP: 14040HDC6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |     11000 | PA      | $12267.67     | 0.05%             | 2031-10-30      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2025-DIME                                                               | BX TRUST 2025-DIME VAR 02/15/2030 144A                                                                  | CUSIP: 05613UAE1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     54000 | PA      | $53561.25     | 0.20%             | 2035-02-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| RFNA LP                                                                          | RFNA LP 7.875% 02/15/2030 144A                                                                          | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3007.50      | 0.01%             | 2030-02-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| PIEDMONT OPERATING PARTNERSHIP LP                                                | PIEDMONT OPERATING PARTNERSHIP LP 9.25% 07/20/2028                                                      | CUSIP: 720198AG5<br>LEI: 549300WKGDPAS39FBD10 | Long             | DBT              | CORP              | US        |     15000 | PA      | $16564.23     | 0.06%             | 2028-07-20      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC STEP 04/01/2036                                                                       | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6433.12      | 0.02%             | 2036-04-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES                                                               | LUMEN TECHNOLOGIES 4.125% 04/15/2030 144A                                                               | CUSIP: 550241AC7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1942.50      | 0.01%             | 2030-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 10.5% 05/15/2030 144A                                                             | CUSIP: 527298BU6<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     32000 | PA      | $35000.00     | 0.13%             | 2030-05-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| HERENS HOLDCO SARL                                                               | HERENS HOLDCO SARL 4.75% 05/15/2028 144A                                                                | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |      3000 | PA      | $2628.11      | 0.01%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                                                       | CARVANA CO PIK VAR 06/01/2031 144A                                                                      | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     50017 | PA      | $58015.51     | 0.22%             | 2031-06-01      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                                                             | CITGO PETROLEUM CORP 6.375% 06/15/2026 144A                                                             | CUSIP: 17302XAM8<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17991.35     | 0.07%             | 2026-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC        | ARDAGH METAL PACKAGING FINANCE USA LLC/ARDAGH METAL PACKAGING FINANCE PLC 4% 09/01/2029 144A            | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $12419.93     | 0.05%             | 2029-09-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PPTY TR INC 6% 04/15/2030 144A                                                                 | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4985.54      | 0.02%             | 2030-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 5.125% 07/15/2029 144A                                                                 | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     42000 | PA      | $35440.16     | 0.13%             | 2029-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                                                              | STATION CASINOS LLC 6.625% 03/15/2032 144A                                                              | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5006.86      | 0.02%             | 2032-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                                      | BANK OF AMERICA CORPORATION 2.299%/VAR 07/21/2032                                                       | CUSIP: 06051GKA6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |     90000 | PA      | $77218.07     | 0.29%             | 2032-07-21      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORPORATION                                                            | OPEN TEXT CORPORATION 3.875% 12/01/2029 144A                                                            | CUSIP: 683715AD8<br>LEI: 549300UQROQS42RKHM85 | Long             | DBT              | CORP              | CA        |     38000 | PA      | $35366.73     | 0.13%             | 2029-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 6.75% 03/15/2032                                                                   | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4969.77      | 0.02%             | 2032-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL / CONNECT US FINCO LLC                                        | CONNECT FINCO SARL / CONNECT US FINCO LLC 9% 09/15/2029 144A                                            | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |      3000 | PA      | $2858.99      | 0.01%             | 2029-09-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| GPD COS INC                                                                      | GPD COS INC 10.125% 04/01/2026 144A                                                                     | CUSIP: 64051NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      8000 | PA      | $7692.45      | 0.03%             | 2026-04-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                                                         | VIRGIN MEDIA FINANCE PLC 5% 07/15/2030 144A                                                             | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |      2000 | PA      | $1813.64      | 0.01%             | 2030-07-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS BANK USA                                                           | FX Forward: USD/EUR settle 2025-07-08                                                                   | CUSIP: N/A<br>LEI: KD3XUN7C6T14HNAYLU02       | N/A              | DFE              | CORP              | US        |         1 | NC      | $1249.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOAT HOLDCO LLC                                                                  | GOAT HOLDCO LLC 6.75% 02/01/2032 144A                                                                   | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4980.73      | 0.02%             | 2032-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                                          | MPLX LP 5% 03/01/2033                                                                                   | CUSIP: 55336VBV1<br>LEI: 5493000CZJ19CK4P3G36 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48523.44     | 0.18%             | 2033-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP / GLP FIN CORP                                                | GLOBAL PARTNERS LP / GLP FIN CORP 7% 08/01/2027                                                         | CUSIP: 37954FAG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $2004.87      | 0.01%             | 2027-08-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MUELLER WTR PRODS INC                                                            | MUELLER WTR PRODS INC 4% 06/15/2029 144A                                                                | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1897.47      | 0.01%             | 2029-06-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| MASTERBRAND INC                                                                  | MASTERBRAND INC 7% 07/15/2032 144A                                                                      | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1988.74      | 0.01%             | 2032-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HEXION INC                                                                       | HEXION TERM 2LN 03/15/2030                                                                              | CUSIP: 42829JAB5<br>LEI: 54930030FZF8HYAEHM46 | Long             | LON              | CORP              | US        |       706 | PA      | $677.86       | 0.00%             | 2030-03-15      | Variable      | 0.12%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORP                                                                   | COX MEDIA GROUP TERM B2 1LN 06/18/2029                                                                  | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      9955 | PA      | $9431.95      | 0.04%             | 2029-06-18      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| YINSON BORONIA PRODUCTION B.V.                                                   | YINSON BORONIA PRODUCTION B.V. 8.947% 07/31/2042 144A                                                   | CUSIP: 98584XAA3<br>LEI: 5493007X12FTT746N678 | Long             | DBT              | CORP              | NL        |      2974 | PA      | $3095.51      | 0.01%             | 2042-07-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORP                                                                   | CMG MEDIA CORP 8.875% 06/18/2029 144A                                                                   | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $2760.00      | 0.01%             | 2029-06-18      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAIN SYS INC DEL                                                       | ADVANCED DRAIN SYS INC DEL 6.375% 06/15/2030 144A                                                       | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30368.01     | 0.11%             | 2030-06-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 3.875% 10/15/2030 144A                                                            | CUSIP: 527298CF8<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7582.50      | 0.03%             | 2030-10-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                                                         | FORD MTR CR CO LLC 3.375% 11/13/2025                                                                    | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    200000 | PA      | $198414.61    | 0.74%             | 2025-11-13      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 7.5% 05/15/2031                                                                    | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24650.64     | 0.09%             | 2031-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| AMERICAN ROCK SALT CO LLC                                                        | AMERICAN ROCK SALT TERM 1ST OUT DD TL 1LN 6/9/2028                                                      | CUSIP: 02932JAU1<br>LEI: 549300FBKBNV4GSVVR46 | Long             | LON              | CORP              | US        |       233 | PA      | $233.20       | 0.00%             | 2028-06-09      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| POLARIS NEWCO LLC                                                                | SOLERA TERM PIK TERM 2LN 06/04/2029                                                                     | CUSIP: N/A<br>LEI: 254900LEPDAG7EDOA064       | Long             | LON              | CORP              | US        |      8000 | PA      | $7687.52      | 0.03%             | 2029-06-04      | Variable      | 0.13%                 | No            |                  2 | On Loan: No      |
| AIRCASTLE LTD                                                                    | AIRCASTLE LTD 5.25%/VAR PERP 144A                                                                       | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | EP               | CORP              | BM        |      7000 | PA      | $6951.15      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                                      | WAYFAIR LLC 7.25% 10/31/2029 144A                                                                       | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     19000 | PA      | $18504.71     | 0.07%             | 2029-10-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| ENBW INTERNATIONAL FINANCE BV                                                    | ENBW INTERNATIONAL FINANCE BV 3.75% 11/20/2035 REGS                                                     | CUSIP: N/A<br>LEI: 724500CNCIO1ZTJ0X675       | Long             | DBT              | CORP              | NL        |     50000 | PA      | $56893.10     | 0.21%             | 2035-11-20      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIRCRAFT LEASING CO LTD                                                   | GLOBAL AIRCRAFT LEASING CO LTD 8.75% 09/01/2027 144A                                                    | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      9000 | PA      | $9101.12      | 0.03%             | 2027-09-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                                                             | WRANGLER HOLDCO CORP 6.625% 04/01/2032 144A                                                             | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      7000 | PA      | $7219.66      | 0.03%             | 2032-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PRODS PARTNERS LP / CALUMET FIN CORP                           | CALUMET SPEC PROD PRT/FIN CORP 9.75% 07/15/2028 144A                                                    | CUSIP: 131477AW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9000 | PA      | $8675.56      | 0.03%             | 2028-07-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP                                                                    | CARNIVAL CORP 5.75% 03/15/2030 144A                                                                     | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     12000 | PA      | $12028.15     | 0.05%             | 2030-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN HLDGS LLLP / LADDER CAP FIN CORP                                  | LADDER CAP FIN HLDGS LLLP/CORP 5.25% 10/01/2025 144A                                                    | CUSIP: 505742AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      1000 | PA      | $998.75       | 0.00%             | 2025-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS LTD                                                       | ADIENT GLOBAL HOLDINGS LTD 7.5% 02/15/2033 144A                                                         | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |      6000 | PA      | $5956.50      | 0.02%             | 2033-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                                          | SEAGATE DATA STORAGE TECHNOLOGY PTE LTD 5.875% 07/15/2030 144A                                          | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |      5000 | PA      | $5009.50      | 0.02%             | 2030-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                                                            | LEVEL 3 FINANCING INC 10% 10/15/2032 144A                                                               | CUSIP: 527298CK7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |      1000 | PA      | $1005.10      | 0.00%             | 2032-10-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 6.625% 05/15/2029                                                                  | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5055.73      | 0.02%             | 2029-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PPTY TR INC 7.25% 04/01/2029 144A                                                              | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12474.90     | 0.05%             | 2029-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| KEHE DIST/FIN / NEXTWAVE                                                         | KEHE DIST/FIN / NEXTWAVE 9% 02/15/2029 144A                                                             | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      8000 | PA      | $8339.98      | 0.03%             | 2029-02-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| OPEN TR 2023-AIR                                                                 | OPEN TR 2023-AIR TSFR1M+308.92 10/15/2028 144A                                                          | CUSIP: 68373BAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     25737 | PA      | $25807.95     | 0.10%             | 2040-11-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA HOLDINGS LLC                                              | SCIL IV LLC / SCIL USA HOLDINGS LLC 5.375% 11/01/2026 144A                                              | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $3979.74      | 0.01%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SPA HOLDINGS 3 OY                                                                | AHLSTROM TERM B 1LN 05/23/2030                                                                          | CUSIP: 78475BAB3<br>LEI: 743700UEY0YM039XN974 | Long             | LON              | CORP              | FI        |      8000 | PA      | $7900.00      | 0.03%             | 2030-05-22      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                                                    | COREWEAVE INC 9.25% 06/01/2030 144A                                                                     | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |      9000 | PA      | $8989.90      | 0.03%             | 2030-06-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| SUBWAY FDG LLC ISSUER                                                            | SUBWAY FDG LLC ISSUER 5.914% 07/30/2054 144A                                                            | CUSIP: 864300AL2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     24875 | PA      | $24279.38     | 0.09%             | 2054-07-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                                                          | JANE STREET GRP/JSG FIN 6.125% 11/01/2032 144A                                                          | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $13021.52     | 0.05%             | 2032-11-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| OT MIDCO INC                                                                     | OT MIDCO INC 10% 02/15/2030 144A                                                                        | CUSIP: 68877AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $9997.45      | 0.04%             | 2030-02-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| SELECT MEDICAL CORP                                                              | SELECT MEDICAL CORP 6.25% 12/01/2032 144A                                                               | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4955.25      | 0.02%             | 2032-12-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                                                                     | NOVELIS CORP 3.875% 08/15/2031 144A                                                                     | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2667.10      | 0.01%             | 2031-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP/SEALED AIR CORP US                                               | SEALED AIR CORP/SEALED AIR CORP US 7.25% 02/15/2031 144A                                                | CUSIP: 812127AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5224.67      | 0.02%             | 2031-02-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD/TOUCAN FINCO CAN INC/TOUCAN FINCO US LLC                        | TOUCAN FINCO LTD/TOUCAN FINCO CAN INC/TOUCAN FINCO US LLC 9.5% 05/15/2030 144A                          | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |     12000 | PA      | $11932.04     | 0.04%             | 2030-05-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                                                              | PETROLEOS MEXICANOS 6.5% 03/13/2027                                                                     | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |     11000 | PA      | $10797.27     | 0.04%             | 2027-03-13      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                                                 | GGAM FINANCE LTD 6.875% 04/15/2029 144A                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |      5000 | PA      | $5093.45      | 0.02%             | 2029-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| KOHLS CORP                                                                       | KOHLS CORP 4.25% 07/17/2025                                                                             | CUSIP: 500255AU8<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3970.06      | 0.01%             | 2025-07-17      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                                                        | PIKE CORP 8.625% 01/31/2031 144A                                                                        | CUSIP: 721283AB5<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5385.40      | 0.02%             | 2031-01-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                | ILIAD HOLDING SAS 8.5% 04/15/2031 144A                                                                  | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |      2000 | PA      | $2106.63      | 0.01%             | 2031-04-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| YUM BRANDS INC                                                                   | YUM BRANDS INC 4.625% 01/31/2032                                                                        | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2844.86      | 0.01%             | 2032-01-31      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC           | ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 6.25% 03/15/2033 144A            | CUSIP: 01309QAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5075.89      | 0.02%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                                                   | CVR ENERGY INC 5.75% 02/15/2028 144A                                                                    | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7616.12      | 0.03%             | 2028-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP DEL                                                                 | CENTENE CORP 2.625% 08/01/2031                                                                          | CUSIP: 15135BAZ4<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     40000 | PA      | $33880.65     | 0.13%             | 2031-08-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                                                                        | OLIN CORP 6.625% 04/01/2033 144A                                                                        | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11485.99     | 0.04%             | 2033-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SPIN HOLDCO INC                                                                  | CSC SERVICEWORKS TERM B 1LN 03/04/2028                                                                  | CUSIP: 84850XAK8<br>LEI: 549300QAS44U2GUXGK45 | Long             | LON              | CORP              | US        |     26728 | PA      | $22758.23     | 0.09%             | 2028-03-04      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| IVANHOE MINE LTD                                                                 | IVANHOE MINE LTD 7.875% 01/23/2030 144A                                                                 | CUSIP: 46579RAE4<br>LEI: 5299006XZISURYIA4G32 | Long             | DBT              | CORP              | CA        |     12000 | PA      | $11683.52     | 0.04%             | 2030-01-23      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                                                                 | TKC HOLDINGS TERM 1LN 2/15/2027                                                                         | CUSIP: 87256KAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      8454 | PA      | $7766.72      | 0.03%             | 2027-02-15      | Variable      | 0.14%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                                                                 | TRINET GROUP INC 7.125% 08/15/2031 144A                                                                 | CUSIP: 896288AC1<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5155.02      | 0.02%             | 2031-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE INC                                                                    | COMMSCOPE TERM 1LN 12/17/2029                                                                           | CUSIP: N/A<br>LEI: 549300Z6K4JXMFE8QY54       | Long             | LON              | CORP              | US        |     10000 | PA      | $10086.10     | 0.04%             | 2029-12-17      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                                                     | NAVIENT CORP 7.875% 06/15/2032                                                                          | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5042.75      | 0.02%             | 2032-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MATIV INC                                                                        | MATIV INC 8% 10/01/2029 144A                                                                            | CUSIP: 808541AC0<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5118.77      | 0.02%             | 2029-10-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC               | FERTITTA ENTERTAINMENT LLC / FERTITTA ENTERTAINMENT FINANCE CO INC 6.75% 01/15/2030 144A                | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $11806.33     | 0.04%             | 2030-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP                         | ANYWHERE REAL ESTATE GROUP LLC / ANYWHERE CO-ISSUER CORP 7% 04/15/2030 144A                             | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $12789.25     | 0.05%             | 2030-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                                                                | GEO GROUP INC/THE 10.25% 04/15/2031                                                                     | CUSIP: 36162JAH9<br>LEI: 5493003VOR6NTY465495 | Long             | DBT              | CORP              | US        |     11000 | PA      | $12057.61     | 0.05%             | 2031-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                                                     | ENTEGRIS INC 4.375% 04/15/2028 144A                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |     48000 | PA      | $46342.43     | 0.17%             | 2028-04-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                                                 | CALIFORNIA RES CORP 7.125% 02/01/2026 144A                                                              | CUSIP: 13057QAH0<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |      1000 | PA      | $999.14       | 0.00%             | 2026-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL INC                                                   | SERVICE CORP INTERNATIONAL INC 5.125% 06/01/2029                                                        | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |      8000 | PA      | $7901.93      | 0.03%             | 2029-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WOLVERINE WORLD WIDE INC                                                         | WOLVERINE WORLD WIDE INC 4% 08/15/2029 144A                                                             | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3500.56      | 0.01%             | 2029-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| VIKING CRUISES LTD                                                               | VIKING CRUISES LTD 9.125% 07/15/2031 144A                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |      5000 | PA      | $5368.37      | 0.02%             | 2031-07-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PPTY TR INC 3.625% 07/15/2026 144A                                                             | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |      1000 | PA      | $976.35       | 0.00%             | 2026-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL HOLDCO LLC                                                      | ALLIED UNIVERSAL HOLDCO LLC 7.875% 02/15/2031 144A                                                      | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |     11000 | PA      | $11400.06     | 0.04%             | 2031-02-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| Connect Holding II LLC                                                           | BRIGHTSPEED TERM B 1LN 10/03/2031                                                                       | CUSIP: 20752KAR4<br>LEI: 254900LCX7S2QHYUOI31 | Long             | LON              | CORP              | US        |      2016 | PA      | $1526.85      | 0.01%             | 2031-10-03      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| EMRLD BORROWER LP / EMERALD CO-ISSUER INC                                        | EMRLD BORROWER LP / EMERALD CO-ISSUER INC 6.75% 07/15/2031 144A                                         | CUSIP: 26873CAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5116.51      | 0.02%             | 2031-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                                                  | ADAPTHEALTH LLC 5.125% 03/01/2030 144A                                                                  | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      7000 | PA      | $6468.88      | 0.02%             | 2030-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NATGASOLINE LLC                                                                  | NATGASOLINE TERM B 1LN 03/29/2030                                                                       | CUSIP: 63232EAD9<br>LEI: 549300OHXDYMQYZOWC24 | Long             | LON              | CORP              | US        |     12992 | PA      | $12829.41     | 0.05%             | 2030-03-29      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| AXON ENTERPRISE INC                                                              | AXON ENTERPRISE INC 6.25% 03/15/2033 144A                                                               | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5072.89      | 0.02%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INTL INC                                                       | GRAPHIC PACKAGING INTL INC 6.375% 07/15/2032 144A                                                       | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5007.39      | 0.02%             | 2032-07-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US 2YR NOTE (CBT) FUT SEP25 TUU5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |         1 | NC      | $412.35       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS and MINOR INC                                                              | OWENS and MINOR INC 4.5% 03/31/2029 144A                                                                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3269.36      | 0.01%             | 2029-03-31      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| CALPINE CORPORATION                                                              | CALPINE CORPORATION 4.625% 02/01/2029 144A                                                              | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1949.19      | 0.01%             | 2029-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCARE INC                                                            | MOLINA HEALTHCARE INC 6.25% 01/15/2033 144A                                                             | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     18000 | PA      | $17970.98     | 0.07%             | 2033-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 3.5% 03/15/2031                                                            | CUSIP: 55342UAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     14000 | PA      | $9183.83      | 0.03%             | 2031-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                                                               | HOWARD HUGHES CORP 4.375% 02/01/2031 144A                                                               | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |      1000 | PA      | $908.10       | 0.00%             | 2031-02-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| OMEGA HEALTHCARE INVESTORS INC                                                   | OMEGA HEALTHCARE INVESTORS INC 3.25% 04/15/2033                                                         | CUSIP: 681936BN9<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | DBT              | CORP              | US        |      9000 | PA      | $7608.60      | 0.03%             | 2033-04-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP                                                             | CAPSTONE COPPER CORP 6.75% 03/31/2033 144A                                                              | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $4999.08      | 0.02%             | 2033-03-31      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP/MEDLINE CO-ISSUER INC                                        | MEDLINE BORROWER LP/MEDLINE CO-ISSUER INC 6.25% 04/01/2029 144A                                         | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $40702.55     | 0.15%             | 2029-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTERNATIONAL INC                                                   | SERVICE CORP INTERNATIONAL INC 5.75% 10/15/2032                                                         | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4968.69      | 0.02%             | 2032-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| TRUENOORD CAPITAL DAC                                                            | TRUENOORD CAPITAL DAC 8.75% 03/01/2030 144A                                                             | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |      7000 | PA      | $7259.27      | 0.03%             | 2030-03-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICES                                                        | PRIME HEALTHCARE SERVICES 9.375% 09/01/2029 144A                                                        | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $6095.93      | 0.02%             | 2029-09-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| VALARIS LTD                                                                      | VALARIS LTD 8.375% 04/30/2030 144A                                                                      | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |      5000 | PA      | $5019.44      | 0.02%             | 2030-04-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | COMSTOCK RESOURCES INC 5.875% 01/15/2030 144A                                                           | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |      1000 | PA      | $945.58       | 0.00%             | 2030-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER                           | ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 7.375% 10/01/2032 144A                           | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5139.43      | 0.02%             | 2032-10-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| Connect Holding II LLC                                                           | BRIGHTSPEED TERM B-DD 1LN 04/03/2031                                                                    | CUSIP: 20752KAP8<br>LEI: 254900LCX7S2QHYUOI31 | Long             | LON              | CORP              | US        |      8965 | PA      | $8244.88      | 0.03%             | 2031-04-03      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                                                     | Fidelity Securities Lending Cash Central Fund                                                           | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    243646 | NS      | $243669.99    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFEPOINT HEALTH INC                                                             | LIFEPOINT HEALTH INC 10% 06/01/2032 144A                                                                | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4184.32      | 0.02%             | 2032-06-01      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| TGP HOLDINGS III LLC                                                             | TRAEGER GRILLS TERM B 1LN 06/29/2028                                                                    | CUSIP: 87251RAK9<br>LEI: 549300LURVM6CQ1MNO41 | Long             | LON              | CORP              | US        |     11998 | PA      | $10551.11     | 0.04%             | 2028-06-29      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANSN and INFRASTRUCTURE INVS LLC                                      | FORTRESS TRANSN and INFRASTRUCTURE INVS LLC 7% 06/15/2032 144A                                          | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5111.27      | 0.02%             | 2032-06-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                                                               | DOMINICAN REPUBLIC 4.875% 09/23/2032 144A                                                               | CUSIP: 25714PEF1<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    260000 | PA      | $237120.00    | 0.89%             | 2032-09-23      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| VIASAT INC                                                                       | VIASAT INC 7.5% 05/30/2031 144A                                                                         | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |      6000 | PA      | $4787.00      | 0.02%             | 2031-05-30      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| TOPBUILD CORP                                                                    | TOPBUILD CORP 4.125% 02/15/2032 144A                                                                    | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1813.79      | 0.01%             | 2032-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITED STATES TREASURY BOND                                                      | UNITED STATES TREASURY BOND 4.125% 08/15/2053                                                           | CUSIP: 912810TT5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    370000 | PA      | $323504.30    | 1.21%             | 2053-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACURIS FIN                                                         | ACURIS FIN US/ACURIS FIN 5% 05/01/2028 144A                                                             | CUSIP: 00511BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     16000 | PA      | $15226.19     | 0.06%             | 2028-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2022-IND                                                                | BX TRUST 2022-IND TSFR1M+219.7 04/15/2024 144A                                                          | CUSIP: 05609WAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     84000 | PA      | $83999.86     | 0.31%             | 2037-04-15      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP DEL                                                                 | CENTENE CORP 4.625% 12/15/2029                                                                          | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |     80000 | PA      | $77040.08     | 0.29%             | 2029-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                            | NABORS INDUSTRIES INC 7.375% 05/15/2027 144A                                                            | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6720.34      | 0.03%             | 2027-05-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| GENESEE and WYOMING INC                                                          | GENESEE and WYOMING INC 6.25% 04/15/2032 144A                                                           | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12187.21     | 0.05%             | 2032-04-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HLDGS INC                                                         | SURGERY CENTER HLDGS INC 7.25% 04/15/2032 144A                                                          | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1996.14      | 0.01%             | 2032-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SUBWAY FDG LLC ISSUER                                                            | SUBWAY FDG LLC ISSUER 5.566% 07/30/2054 144A                                                            | CUSIP: 864300AJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     24875 | PA      | $24413.42     | 0.09%             | 2054-07-30      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                                                         | WARNERMEDIA HOLDINGS INC 5.141% 03/15/2052                                                              | CUSIP: 55903VBE2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |    123000 | PA      | $79735.75     | 0.30%             | 2052-03-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| X CORP                                                                           | TWITTER TERM B1 1LN 10/26/2029                                                                          | CUSIP: 90184NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      6985 | PA      | $6913.87      | 0.03%             | 2029-10-26      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL GAMING AUTHORITY / MS DIGITAL ENTERTAINMENT HOLDINGS LLC          | MOHEGAN TRIBAL GAMING AUTHORITY / MS DIGITAL ENTERTAINMENT HOLDINGS LLC 11.875% 04/15/2031 144A         | CUSIP: 60832QAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $6227.35      | 0.02%             | 2031-04-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                               | CLEAR CHANNEL OUTDOOR HOLDINGS INC 7.75% 04/15/2028 144A                                                | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4568.75      | 0.02%             | 2028-04-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC                            | SHIFT4 PAYMENTS LLC / SHIFT4 PAYMENTS FINANCE SUB INC 6.75% 08/15/2032 144A                             | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $10202.97     | 0.04%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| KAISER ALUMINUM CORP                                                             | KAISER ALUMINUM CORP 4.5% 06/01/2031 144A                                                               | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4593.88      | 0.02%             | 2031-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ATI INC                                                                          | ATI INC 7.25% 08/15/2030                                                                                | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5235.74      | 0.02%             | 2030-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| CALIFORNIA RESOURCES CORPORATION                                                 | CALIFORNIA RES CORP 8.25% 06/15/2029 144A                                                               | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30054.39     | 0.11%             | 2029-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MAJORDRIVE HOLDINGS IV LLC                                                       | CLUB CAR TERM 1LN 06/01/2028                                                                            | CUSIP: 56085UAB9<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |      7979 | PA      | $7754.90      | 0.03%             | 2028-06-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| AXIAN TELECOM                                                                    | AXIAN TELECOM 7.375% 02/16/2027 144A                                                                    | CUSIP: 05466AAA1<br>LEI: 984500C6FIA50FZSE337 | Long             | DBT              | CORP              | MU        |      4000 | PA      | $4016.24      | 0.02%             | 2027-02-16      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                                                           | RADIOLOGY PARTNERS INC PIK VAR 02/15/2030 144A                                                          | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |      1048 | PA      | $1011.81      | 0.00%             | 2030-02-15      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| ASGN INC                                                                         | ASGN INC 4.625% 05/15/2028 144A                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4823.52      | 0.02%             | 2028-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINL INC 6.7% 02/14/2033                                                                           | CUSIP: 02005NBS8<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2034.12      | 0.01%             | 2033-02-14      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| DCERT BUYER INC                                                                  | DIGICERT TERM 1LN 10/16/2026                                                                            | CUSIP: 24022KAB5<br>LEI: 549300EF826JEEUCHZ67 | Long             | LON              | CORP              | US        |     27945 | PA      | $27547.51     | 0.10%             | 2026-10-16      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL  | CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 3.7% 04/01/2051         | CUSIP: 161175BV5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    420000 | PA      | $270360.21    | 1.01%             | 2051-04-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PPTY TR INC 6.5% 07/01/2030 144A                                                               | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7099.35      | 0.03%             | 2030-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 5.5% 01/15/2028 144A                                                                   | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |      9000 | PA      | $7747.32      | 0.03%             | 2028-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WALKER and DUNLOP INC                                                            | WALKER and DUNLOP INC 6.625% 04/01/2033 144A                                                            | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5062.94      | 0.02%             | 2033-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                                                    | CORECIVIC INC 4.75% 10/15/2027                                                                          | CUSIP: 21871NAA9<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |     12000 | PA      | $11712.05     | 0.04%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNITED PF HOLDINGS LLC                                                           | UNITED PLANET FITNESS TERM 1LN 12/30/2026                                                               | CUSIP: 91132UAG8<br>LEI: 2549002AF6PASVP2G486 | Long             | LON              | CORP              | US        |     23839 | PA      | $22897.10     | 0.09%             | 2026-12-30      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                 | HILTON DOMESTIC OPERATING CO INC 3.625% 02/15/2032 144A                                                 | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3560.20      | 0.01%             | 2032-02-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC / HAT HOLDINGS II LLC                                         | HAT HOLDINGS I LLC / II LLC 3.375% 06/15/2026 144A                                                      | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9000 | PA      | $8761.47      | 0.03%             | 2026-06-15      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CELANESE US HLDGS LLC                                                            | CELANESE US HLDGS LLC 6.75% 04/15/2033                                                                  | CUSIP: 15089QBA1<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     92000 | PA      | $89541.77     | 0.34%             | 2033-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| ASCEND LEARNING LLC                                                              | ASCEND LEARNING TERM 2LN 12/10/2029                                                                     | CUSIP: 04349HAM6<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |      2351 | PA      | $2331.15      | 0.01%             | 2029-12-10      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES SARL                                                    | ION TRADING TECHNOLOGIES SARL 5.75% 05/15/2028 144A                                                     | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |      5000 | PA      | $4832.88      | 0.02%             | 2028-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 8% 11/01/2027 144A                                                                | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     16000 | PA      | $15984.74     | 0.06%             | 2027-11-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| SIXTH STREET SPECIALTY LENDING INC                                               | SIXTH STREET SPECIALTY LENDING INC 5.625% 08/15/2030                                                    | CUSIP: 83012AAD1<br>LEI: 549300TX61566GJWCN05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $99603.22     | 0.37%             | 2030-08-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| OSCAR ACQUISITIONCO LLC / OSCAR FINANCE INC                                      | OSCAR ACQUISITIONCO LLC / OSCAR FINANCE INC 9.5% 04/15/2030 144A                                        | CUSIP: 687785AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     10000 | PA      | $8020.81      | 0.03%             | 2030-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: —       |
| PMHC II INC                                                                      | PRINCE TERM 1LN 4/23/2029                                                                               | CUSIP: 69346EAG2<br>LEI: 549300GYZ1T3S8OPH343 | Long             | LON              | CORP              | US        |      7000 | PA      | $6146.91      | 0.02%             | 2029-04-23      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC                                         | CQP HOLDCO LP / BIP-V CHINOOK HOLDCO LLC 7.5% 12/15/2033 144A                                           | CUSIP: 12657NAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $12704.44     | 0.05%             | 2033-12-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SOTERA HEALTH HOLDINGS LLC                                                       | SOTERA HEALTH HOLDINGS LLC 7.375% 06/01/2031 144A                                                       | CUSIP: 83600WAE9<br>LEI: 549300OVT7MBXFLOFU20 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3116.17      | 0.01%             | 2031-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| 1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC                             | 1011778 BC ULC/NEW RED FIN INC 5.625% 09/15/2029 144A                                                   | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5028.86      | 0.02%             | 2029-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 4.625% 08/01/2029                                                          | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $3789.91      | 0.01%             | 2029-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                                                         | ENCORE CAP GROUP INC 9.25% 04/01/2029 144A                                                              | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3198.75      | 0.01%             | 2029-04-01      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIES INC                                                            | NABORS INDUSTRIES INC 9.125% 01/31/2030 144A                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4555.89      | 0.02%             | 2030-01-31      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| HIGHWOODS REALTY LP                                                              | HIGHWOODS REALTY LP 7.65% 02/01/2034                                                                    | CUSIP: 431282AU6<br>LEI: JUJNVZX73BIYHLR58F51 | Long             | DBT              | CORP              | US        |     31000 | PA      | $34151.41     | 0.13%             | 2034-02-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CCO HLDGS CAP CORP                                                 | CCO HLDGS LLC/CAP CORP 4.5% 06/01/2033 144A                                                             | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4447.11      | 0.02%             | 2033-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / ACRISURE FINANCE INC                                              | ACRISURE LLC / ACRISURE FINANCE INC 8.5% 06/15/2029 144A                                                | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5225.35      | 0.02%             | 2029-06-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| ZF NORTH AMER CAP INC                                                            | ZF NORTH AMER CAP INC 7.125% 04/14/2030 144A                                                            | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6748.65      | 0.03%             | 2030-04-14      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                                                             | NIELSEN HOLDINGS TERM B 1LN 04/11/2029                                                                  | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |      9962 | PA      | $9298.83      | 0.03%             | 2029-04-11      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                                           | US 5YR NOTE (CBT) FUT SEP25 FVU5                                                                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |         3 | NC      | $2551.49      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC                                                               | ALLY FINL INC 4.7%/VAR PERP                                                                             | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EP               | CORP              | US        |     34000 | PA      | $32122.39     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 9.75% 01/15/2029                                                          | CUSIP: 451102CF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $4844.90      | 0.02%             | 2029-01-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| AMSTED INDUSTRIES INC                                                            | AMSTED INDUSTRIES INC 6.375% 03/15/2033 144A                                                            | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6089.96      | 0.02%             | 2033-03-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ZF NORTH AMER CAP INC                                                            | ZF NORTH AMER CAP INC 6.875% 04/23/2032 144A                                                            | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6412.70      | 0.02%             | 2032-04-23      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                                                             | ONEMAIN FINANCE CORP 7.125% 09/15/2032                                                                  | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5031.11      | 0.02%             | 2032-09-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                                                        | SUNOCO LP 6.25% 07/01/2033 144A                                                                         | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4999.96      | 0.02%             | 2033-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ACRISURE HOLDINGS INC                                                            | ACRISURE HOLDINGS INC SER A-2 PC                                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |       402 | NS      | $9680.16      | 0.04%             |  |  |  | No            |                  3 | On Loan: No      |
| USA COMPRESSION PARTNERS LP / USA COMPRESSION FIN CORP                           | USA COMPRESSION PARTNERS LP / USA COMPRESSION FIN CORP 6.875% 09/01/2027                                | CUSIP: 91740PAF5<br>LEI: 549300ZWL4J1LYMOWK56 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10996.01     | 0.04%             | 2027-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| AMENTUM HOLDINGS INC                                                             | AMENTUM HOLDINGS INC 7.25% 08/01/2032 144A                                                              | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7140.59      | 0.03%             | 2032-08-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP INC                                                       | PERFORMANCE FOOD GROUP INC 6.125% 09/15/2032 144A                                                       | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5040.23      | 0.02%             | 2032-09-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                                                  | IHS HOLDING LTD 8.25% 11/29/2031 144A                                                                   | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |     13000 | PA      | $12922.78     | 0.05%             | 2031-11-29      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                               | CLEAR CHANNEL OUTDOOR HOLDINGS INC 7.5% 06/01/2029 144A                                                 | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |      3000 | PA      | $2652.15      | 0.01%             | 2029-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| WOLFSPEED INC                                                                    | WOLFSPEED INC STEP 06/23/2030 144A                                                                      | CUSIP: 977852AG7<br>LEI: 549300OGU88P3AW3TO93 | Long             | DBT              | CORP              | US        |      5014 | PA      | $4825.72      | 0.02%             | 2030-06-23      | Variable      | 0.08%                 | No            |                  3 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 7.25% 07/01/2031 144A                                                                    | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |      7000 | PA      | $7218.76      | 0.03%             | 2031-07-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS INC                                               | CLEAR CHANNEL OUTDOOR HOLDINGS INC 7.875% 04/01/2030 144A                                               | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5065.71      | 0.02%             | 2030-04-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| BPCE SA                                                                          | BPCE SA 4.25%/VAR 07/16/2035 REGS                                                                       | CUSIP: N/A<br>LEI: 9695005MSX1OYEMGDF46       | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115828.16    | 0.43%             | 2035-07-16      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| LGI HOMES INC                                                                    | LGI HOMES INC 4% 07/15/2029 144A                                                                        | CUSIP: 50187TAF3<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |      2000 | PA      | $1771.27      | 0.01%             | 2029-07-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| SEVERN TRENT WATER UTIL FIN                                                      | SEVERN TRENT WATER UTIL FIN 4.625% 11/30/2034 REGS                                                      | CUSIP: N/A<br>LEI: 213800KY9PT6WBH33232       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $124035.69    | 0.46%             | 2034-11-30      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                                                        | BOEING CO 6.858% 05/01/2054                                                                             | CUSIP: 097023DT9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |    144000 | PA      | $153577.28    | 0.58%             | 2054-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                                                         | JEFFERSON CAPITAL HOLDIN 8.25% 05/15/2030 144A                                                          | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5117.86      | 0.02%             | 2030-05-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MOBICO GROUP PLC                                                                 | MOBICO GROUP PLC STEP 11/20/2028 REGS                                                                   | CUSIP: N/A<br>LEI: 213800A8IQEMY8PA5X34       | Long             | DBT              | CORP              | GB        |    100000 | PA      | $121284.67    | 0.45%             | 2028-11-20      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC                       | UNITI GROUP LP / UNITI GROUP FINANCE INC / CSL CAPITAL LLC 10.5% 02/15/2028 144A                        | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $11669.67     | 0.04%             | 2028-02-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                                                               | CNX RESOURCES CORP 7.25% 03/01/2032 144A                                                                | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5095.39      | 0.02%             | 2032-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV                               | ORGANON and CO / ORGANON FOREIGN DEBT CO-ISSUER BV 4.125% 04/30/2028 144A                               | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9000 | PA      | $8453.93      | 0.03%             | 2028-04-30      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                                                    | TRANSDIGM INC 7.125% 12/01/2031 144A                                                                    | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     41000 | PA      | $42412.49     | 0.16%             | 2031-12-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| HERENS US HOLDCO CORP                                                            | LONZA SPECIALTY INGREDIENTS TERM B 1LN 07/03/2028                                                       | CUSIP: N/A<br>LEI: 549300Y0CIXN5D40L888       | Long             | LON              | CORP              | US        |     11978 | PA      | $11362.35     | 0.04%             | 2028-07-03      | Variable      | 0.08%                 | No            |                  2 | On Loan: No      |
| 1261229 BC LTD                                                                   | 1261229 BC LTD 10% 04/15/2032 144A                                                                      | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     26000 | PA      | $25740.44     | 0.10%             | 2032-04-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| SPIRIT LOYALTY CAYMAN LTD / SPIRIT IP CAYMAN LTD                                 | SPIRIT LOYALTY CAYMAN LTD / SPIRIT IP CAYMAN LTD PIK VAR 03/06/2030 144A                                | CUSIP: 84859BAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |      1261 | PA      | $977.28       | 0.00%             | 2030-03-06      | Variable      | 0.11%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC                      | UNITI GRP/UNITI HLD/CSL 6% 01/15/2030 144A                                                              | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $51016.55     | 0.19%             | 2030-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| RESIDEO FUNDING INC                                                              | RESIDEO FUNDING INC 6.5% 07/15/2032 144A                                                                | CUSIP: 76119LAD3<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |      3000 | PA      | $3024.68      | 0.01%             | 2032-07-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LEIA FINCO US LLC                                                                | DARKTRACE TERM 2LN 10/9/2032                                                                            | CUSIP: 52526CAD1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |      5000 | PA      | $4872.50      | 0.02%             | 2032-10-09      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                                                         | BAYER AG 4.625% 05/26/2033 REGS                                                                         | CUSIP: N/A<br>LEI: 549300J4U55H3WP1XT59       | Long             | DBT              | CORP              | DE        |     55000 | PA      | $65777.70     | 0.25%             | 2033-05-26      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                                     | UBS GROUP AG 2.125%/VAR 11/15/2029 REGS                                                                 | CUSIP: N/A<br>LEI: 549300SZJ9VS8SGXAN81       | Long             | DBT              | CORP              | CH        |    100000 | PA      | $122675.54    | 0.46%             | 2029-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-VINO                                           | BX COMMERCIAL MORTGAGE TRUST 22-LP2 B TSFR1M+126.27 02/15/2039 144A                                     | CUSIP: 05610HAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70000 | PA      | $69781.26     | 0.26%             | 2039-02-15      | Variable      | 0.06%                 | No            |                  2 | On Loan: No      |
| AMERICAN ROCK SALT CO LLC                                                        | AMERICAN ROCK SALT TERM 1LN 6/9/2028                                                                    | CUSIP: 02932JAP2<br>LEI: 549300FBKBNV4GSVVR46 | Long             | LON              | CORP              | US        |       987 | PA      | $808.68       | 0.00%             | 2028-06-09      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| APH SOMERSET INVESTOR 2 LLC / APH2 SOMERSET INVESTOR 2 LLC / APH3 SOMERSET INVES | APH SOMERSET INVESTOR 2 LLC / APH2 SOMERSET INVESTOR 2 LLC / APH3 SOMERSET INVES 7.875% 11/01/2029 144A | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      6000 | PA      | $5936.46      | 0.02%             | 2029-11-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC           | ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 3.5% 03/15/2029 144A             | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     48000 | PA      | $45097.39     | 0.17%             | 2029-03-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATING CO INC                                                 | HILTON DOMESTIC OPERATING CO INC 6.125% 04/01/2032 144A                                                 | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5077.17      | 0.02%             | 2032-04-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| HARVEST MIDSTREAM I LP                                                           | HARVEST MIDSTREAM I LP 7.5% 09/01/2028 144A                                                             | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12184.79     | 0.05%             | 2028-09-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PBF HLDG CO LLC / PBF FIN CORP                                                   | PBF HLDG CO LLC / PBF FIN CORP 7.875% 09/15/2030 144A                                                   | CUSIP: 69318FAL2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     19000 | PA      | $16516.75     | 0.06%             | 2030-09-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES and MARKETING INC DEL                                            | ADVANTAGE SALES and MARKETING INC DEL 6.5% 11/15/2028 144A                                              | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |      8000 | PA      | $6109.97      | 0.02%             | 2028-11-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES                                                               | LUMEN TECHNOLOGIES 4.5% 01/15/2029 144A                                                                 | CUSIP: 156700BD7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |      1000 | PA      | $885.00       | 0.00%             | 2029-01-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                            | AMERICAN AIRLINES INC 8.5% 05/15/2029 144A                                                              | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7252.81      | 0.03%             | 2029-05-15      | Fixed         | 0.09%                 | No            |                  2 | On Loan: —       |
| NCL CORP LTD                                                                     | NCL CORP LTD 6.75% 02/01/2032 144A                                                                      | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |      5000 | PA      | $5006.05      | 0.02%             | 2032-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                                                                | CLEAN HARBORS INC 6.375% 02/01/2031 144A                                                                | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |      2000 | PA      | $2035.22      | 0.01%             | 2031-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| GRUBHUB HOLDINGS INC                                                             | GRUBHUB HOLDINGS INC 5.5% 07/01/2027 144A                                                               | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      7000 | PA      | $6457.50      | 0.02%             | 2027-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: —       |
| UKG INC                                                                          | UKG INC 6.875% 02/01/2031 144A                                                                          | CUSIP: 90279XAA0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5151.98      | 0.02%             | 2031-02-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| EMERGENT BIOSOLUTIONS INC                                                        | EMERGENT BIOSOLUTIONS INC 3.875% 08/15/2028 144A                                                        | CUSIP: 29089QAC9<br>LEI: 549300YW6TUOX8BE5103 | Long             | DBT              | CORP              | US        |     10000 | PA      | $7574.20      | 0.03%             | 2028-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                                                      | WAYFAIR LLC 7.75% 09/15/2030 144A                                                                       | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |     14000 | PA      | $13716.52     | 0.05%             | 2030-09-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| SPIRIT AVIATION HOLDINGS INC                                                     | SPIRIT AVIATION HOLDINGS INC                                                                            | CUSIP: 84863V101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        49 | NS      | $293.51       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY                                                          | JETBLUE AIRWAYS/LOYALTY 9.875% 09/20/2031 144A                                                          | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     12000 | PA      | $11869.99     | 0.04%             | 2031-09-20      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                                                                | POST HLDGS INC 6.25% 10/15/2034 144A                                                                    | CUSIP: 737446AX2<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4938.90      | 0.02%             | 2034-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSHIP LP / MPT FIN CORP                                           | MPT OPER PARTNERSHIP LP/CORP 5% 10/15/2027                                                              | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20000 | PA      | $17432.00     | 0.07%             | 2027-10-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| SALLY HOLDINGS LLC / SALLY CAP INC                                               | SALLY HOLDINGS LLC / CAP INC 6.75% 03/01/2032                                                           | CUSIP: 79546VAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5079.86      | 0.02%             | 2032-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP                                | ICAHN ENTERPRISES LP/FIN CORP 10% 11/15/2029 144A                                                       | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      2000 | PA      | $1949.59      | 0.01%             | 2029-11-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| ENBW ENERGIE BADEN-WUERTTEM AG                                                   | ENBW ENERGIE BADEN-WUERTTEM AG EUSA5+NA 08/31/2081 REGS                                                 | CUSIP: N/A<br>LEI: 529900JSFZ4TS59HKD79       | Long             | DBT              | CORP              | DE        |    100000 | PA      | $105426.06    | 0.40%             | 2081-08-31      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| STAPLES INC                                                                      | STAPLES INC 12.75% 01/15/2030 144A                                                                      | CUSIP: 855030AS1<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |      6150 | PA      | $3958.83      | 0.01%             | 2030-01-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                                                   | BOMBARDIER INC 7% 06/01/2032 144A                                                                       | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |      5000 | PA      | $5113.58      | 0.02%             | 2032-06-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| ON SEMICONDUCTOR CORP                                                            | ON SEMICONDUCTOR CORP CONV 0% 05/01/2027                                                                | CUSIP: 682189AS4<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |      7000 | PA      | $7551.60      | 0.03%             | 2027-05-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                                                     | ENBRIDGE INC 5.75%/VAR 07/15/2080                                                                       | CUSIP: 29250NBC8<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EP               | CORP              | CA        |    240000 | PA      | $231860.68    | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENT LLC / AVIS BUDGET FINANCE INC                               | AVIS BUDG CAR RENT LLC/FIN INC 8.375% 06/15/2032 144A                                                   | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      5000 | PA      | $5037.66      | 0.02%             | 2032-06-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CANO HEALTH LLC                                                                  | CANO HEALTH LLC WT                                                                                      | CUSIP: N/A<br>LEI: 254900OGI2T8V1NXN639       | Long             | EC               | CORP              | US        |        14 | NS      | $62.72        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CARVANA CO                                                                       | CARVANA CO PIK VAR 12/01/2028 144A                                                                      | CUSIP: 146869AL6<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |       960 | PA      | $986.38       | 0.00%             | 2028-12-01      | Variable      | 0.09%                 | No            |                  2 | On Loan: No      |
| GLOBAL PARTNERS LP / GLP FIN CORP                                                | GLOBAL PARTNERS LP / GLP FIN CORP 6.875% 01/15/2029                                                     | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $39161.19     | 0.15%             | 2029-01-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| CELANESE US HLDGS LLC                                                            | CELANESE US HLDGS LLC 6.5% 04/15/2030                                                                   | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85654.08     | 0.32%             | 2030-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |
| VOLCAN CIA MINERA SAA                                                            | VOLCAN CIA MINERA SAA 8.75% 01/24/2030 144A                                                             | CUSIP: 92863UAC0<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |      9000 | PA      | $8737.20      | 0.03%             | 2030-01-24      | Fixed         | 0.09%                 | No            |                  2 | On Loan: No      |
| SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD                                   | SOUTH BOW CANADIAN INFRASTRUCTURE HOLDINGS LTD 7.5%/VAR 03/01/2055 144A                                 | CUSIP: 836720AH5<br>LEI: 2549004FYUSYLPBT1G26 | Long             | DBT              | CORP              | CA        |      7000 | PA      | $6980.20      | 0.03%             | 2055-03-01      | Variable      | 0.07%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC                                                              | LIGHTNING POWER LLC 7.25% 08/15/2032 144A                                                               | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5242.28      | 0.02%             | 2032-08-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| SAKS GLOBAL ENTERPRISES LLC                                                      | SAKS GLOBAL ENTERPRISES LLC CO-OP 11% 12/15/2029 144A                                                   | CUSIP: 79380IAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $5280.00      | 0.02%             | 2029-12-15      | Fixed         | 0.11%                 | No            |                  2 | On Loan: No      |
| CHS/CMNTY HEALTH SYSTEMS INC                                                     | CHS/CMNTY HEALTH SYSTEMS INC 4.75% 02/15/2031 144A                                                      | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     70000 | PA      | $59916.85     | 0.22%             | 2031-02-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| LBM ACQUISITION LLC                                                              | LBM ACQUISITION LLC 6.25% 01/15/2029 144A                                                               | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4015.65      | 0.02%             | 2029-01-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                                 | ALTICE FRANCE SA 5.5% 10/15/2029 144A                                                                   | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |     35000 | PA      | $29735.67     | 0.11%             | 2029-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                                                  | IHS HOLDING LTD 6.25% 11/29/2028 144A                                                                   | CUSIP: 44963HAB1<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |      9000 | PA      | $8690.63      | 0.03%             | 2028-11-29      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                                                          | NEW FORTRESS ENERGY TERM B 1LN 10/30/2028                                                               | CUSIP: N/A<br>LEI: 254900EICTYTCHA5X705       | Long             | LON              | CORP              | US        |     40000 | PA      | $21644.40     | 0.08%             | 2028-10-30      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| WAND NEWCO 3 INC                                                                 | WAND NEWCO 3 INC 7.625% 01/30/2032 144A                                                                 | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |      4000 | PA      | $4161.21      | 0.02%             | 2032-01-30      | Fixed         | 0.08%                 | No            |                  2 | On Loan: —       |
| VLS COMMERCIAL MORTGAGE TRUST 2020                                               | VLS COMMERCIAL MORTGAGE TRUST 2020 2.13% 10/10/2042 144A                                                | CUSIP: 92858TAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $82881.98     | 0.31%             | 2042-10-10      | Fixed         | 0.02%                 | No            |                  2 | On Loan: No      |
| UNICREDIT SPA                                                                    | UNICREDIT SPA 5.459%/VAR 06/30/2035 144A                                                                | CUSIP: 904678AS8<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |      3000 | PA      | $2934.34      | 0.01%             | 2035-06-30      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                                               | HARBOUR ENERGY PLC 5.5% 10/15/2026 144A                                                                 | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |      2000 | PA      | $1980.28      | 0.01%             | 2026-10-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST INC                                                      | STARWOOD PPTY TR INC 6.5% 10/15/2030 144A                                                               | CUSIP: 85571BBE4<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5060.00      | 0.02%             | 2030-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| OWENS and MINOR INC                                                              | OWENS and MINOR INC 6.625% 04/01/2030 144A                                                              | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |      4000 | PA      | $3387.48      | 0.01%             | 2030-04-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                                                                | NEWELL BRANDS INC 6.375% 05/15/2030                                                                     | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |      7000 | PA      | $6568.53      | 0.02%             | 2030-05-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD                                                       | FIRST QUANTUM MINERALS LTD 6.875% 10/15/2027 144A                                                       | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |     22000 | PA      | $21729.40     | 0.08%             | 2027-10-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                                                   | NRG ENERGY INC 6% 02/01/2033 144A                                                                       | CUSIP: 629377CW0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4954.73      | 0.02%             | 2033-02-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| NUMERICABLE US LLC                                                               | NUMERICABLE / ALTICE FRANCE TERM B-13 1LN 08/14/2026                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |       997 | PA      | $888.04       | 0.00%             | 2026-08-14      | Variable      | 0.10%                 | No            |                  2 | On Loan: No      |
| AIB GROUP PLC                                                                    | AIB GROUP PLC 2.875%/VAR 05/30/2031 REGS                                                                | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | DBT              | CORP              | IE        |    100000 | PA      | $113174.84    | 0.42%             | 2031-05-30      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                                                        | BLOCK INC 3.5% 06/01/2031                                                                               | CUSIP: 852234AP8<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4517.91      | 0.02%             | 2031-06-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/ FIN CORP                                                      | GENESIS ENERGY LP/ FIN CORP 8% 05/15/2033                                                               | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $11161.22     | 0.04%             | 2033-05-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                                                                 | GGAM FINANCE LTD 8% 02/15/2027 144A                                                                     | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |     10000 | PA      | $10289.86     | 0.04%             | 2027-02-15      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                                                            | MINERAL RESOURCES LTD 8.125% 05/01/2027 144A                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |     10000 | PA      | $10007.65     | 0.04%             | 2027-05-01      | Fixed         | 0.08%                 | No            |                  2 | On Loan: No      |
| CEC ENTERTAINMENT LLC                                                            | CEC ENTERTAINMENT LLC 6.75% 05/01/2026 144A                                                             | CUSIP: 125137AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     11000 | PA      | $10821.18     | 0.04%             | 2026-05-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                                                           | COMSTOCK RESOURCES INC 6.75% 03/01/2029 144A                                                            | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     31000 | PA      | $30554.41     | 0.11%             | 2029-03-01      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| UST NOTES                                                                        | UST NOTES 3.875% 08/15/2033                                                                             | CUSIP: 91282CHT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    757000 | PA      | $736359.93    | 2.76%             | 2033-08-15      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FIESTA PURCHASER INC                                                             | FIESTA PURCHASER INC 9.625% 09/15/2032 144A                                                             | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      3000 | PA      | $3138.37      | 0.01%             | 2032-09-15      | Fixed         | 0.10%                 | No            |                  2 | On Loan: No      |
| WESTERN DIGITAL CORP                                                             | WESTERN DIGITAL CORP 2.85% 02/01/2029                                                                   | CUSIP: 958102AQ8<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5483.39      | 0.02%             | 2029-02-01      | Fixed         | 0.03%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI                                                         | CALIFORNIA BUYER/ATLANTI 6.375% 02/15/2032 144A                                                         | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |      5000 | PA      | $4943.88      | 0.02%             | 2032-02-15      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                                                            | WILLIAMS SCOTSMAN INC 6.625% 04/15/2030 144A                                                            | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5124.68      | 0.02%             | 2030-04-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                                                    | PARKLAND CORP 4.625% 05/01/2030 144A                                                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     12000 | PA      | $11275.00     | 0.04%             | 2030-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                                                         | ACADIA HEALTHCARE CO INC 7.375% 03/15/2033 144A                                                         | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5094.73      | 0.02%             | 2033-03-15      | Fixed         | 0.07%                 | No            |                  2 | On Loan: —       |

### Signature

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

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer