# EDGAR Filing Document

**Accession Number:** 0001688680
**File Stem:** 0001003715-25-000944
**Filing Date:** 2025-10
**Character Count:** 212218
**Document Hash:** 2874f0ddb71fc5c4a0bc7fe89dfe3fc2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001003715-25-000944.hdr.sgml**: 20251027

**ACCESSION NUMBER**: 0001003715-25-000944

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251027

**DATE AS OF CHANGE**: 20251027

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brinker Capital Destinations Trust
- **CENTRAL INDEX KEY:** 0001688680

**ORGANIZATION NAME:**
- **EIN:** 816867493
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23207
- **FILM NUMBER:** 251419265

**BUSINESS ADDRESS:**
- **STREET 1:** 1055 WESTLAKES DRIVE, SUITE 250
- **CITY:** BERWYN
- **STATE:** PA
- **ZIP:** 19312
- **BUSINESS PHONE:** (610) 407-8348

**MAIL ADDRESS:**
- **STREET 1:** 1055 WESTLAKES DRIVE, SUITE 250
- **CITY:** BERWYN
- **STATE:** PA
- **ZIP:** 19312

## Series and Classes Contracts Data

### Destinations Global Fixed Income Opportunities Fund (Series ID: S000056108)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000176700 | Class I      | DGFFX           |
| C000202460 | Class Z      | DGFZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Brinker Capital Destinations Trust

- **b. Investment Company Act file number:** 811-23207

- **c. CIK number of Registrant:** 0001688680

- **d. LEI of Registrant:** 549300X40Y9W6WTS8B82

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

  - **Street Address 1:** 1055 Westlakes Drive, Suite 250

  - **City:** Berwyn

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19312

  - **Telephone number:** 800-333-4573

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

- **a. Name of Series:** Destinations Global Fixed Income Opportunities Fund

- **b. EDGAR series identifier (if any):** S000056108

- **c. LEI of Series:** 549300RH2TCLS3CBI491

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $731117906.02

**Total Liabilities:** $19978072.99

**Net Assets:** $711139833.03

**Cash Not Reported:** $34155203.17

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -467.87904905 | **1-Year:** -5909.08618583 | **5-Year:** -14813.27368286 | **10-Year:** -9352.38968181 | **30-Year:** -684.87578333

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

- **3-Month:** -1675.47236180 | **1-Year:** -29988.61557372 | **5-Year:** -60219.45156546 | **10-Year:** -10751.66398336 | **30-Year:** -1646.51684411

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000176700 | 1.08%                | 0.77%                | 0.69%                |
| Class ID C000202460 | 1.07%                | 0.87%                | 0.69%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1235486.44              | $6135005.22                                |
| Month 2  | $3354290.98              | $-5362576.33                               |
| Month 3  | $-76050.38               | $3554922.23                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| YINSON BERGENI 8.498% 01/31/45 | YINSON BERGENIA PRODUCTI REGD 144A P/P 8.49800000                        | CUSIP: 98585VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    500000 | PA      | $522281.24    | 0.07%             | 2045-01-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC /CAD/   | CANNABIST CO HLDGS INC /CAD/ 0.00000000                                  | CUSIP: 13765Y400<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   2362767 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NES FIRCROFT BONDC 8% 09/30/29 | NES FIRCROFT BONDCO AS REGD 8.00000000                                   | CUSIP: R4S33LAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | NO        |   2000000 | PA      | $2015432.14   | 0.28%             | 2029-09-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECH 7.625% 03/15/30 | CARPENTER TECHNOLOGY REGD 7.62500000                                     | CUSIP: 144285AM5<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154446.60    | 0.02%             | 2030-03-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP 5.75% 08/01/32   | CARNIVAL CORP REGD 144A P/P 5.75000000                                   | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |    100000 | PA      | $101650.00    | 0.01%             | 2032-08-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| JANE STREET GRP 6.75% 05/01/33 | JANE STREET GRP/JSG FIN REGD 144A P/P 6.75000000                         | CUSIP: 47077WAE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    354000 | PA      | $365808.02    | 0.05%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| FORVIA SE 8% 06/15/30          | FORVIA SE REGD 144A P/P 8.00000000                                       | CUSIP: 31209DAA3<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $210906.20    | 0.03%             | 2030-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| JEFFERIES FIN LLC  5% 08/15/28 | JEFFERIES FIN LLC / JFIN REGD 144A P/P 5.00000000                        | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1843872.67   | 0.26%             | 2028-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MINSUR SA 4.5% 10/28/31        | MINSUR SA REGD REG S 4.50000000                                          | CUSIP: P6811TAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |   1806000 | PA      | $1722181.37   | 0.24%             | 2031-10-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TIERRA MOJADA L 5.75% 12/01/40 | TIERRA MOJADA LUX II SRL REGD REG S 5.75000000                           | CUSIP: L3500LAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1014334 | PA      | $975358.25    | 0.14%             | 2040-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TACORA RESOURCES  13% 11/03/23 | TACORA RESOURCES INC REGD 144A P/P 13.00000000                           | CUSIP: 87356LAC4<br>LEI: 549300L67A19OXSFBA84 | Long             | DBT              | CORP              | CA        |   2165123 | PA      | $298570.46    | 0.04%             | 2025-12-31      | Fixed         | 13.00%                | Yes           |                  3 | On Loan: No      |
| FLAMINGO LUX  5% 03/31/29/EUR/ | FLAMINGO LUX II SA /EUR/ REGD REG S 5.00000000                           | CUSIP: L3466WAA5<br>LEI: 222100ZLW6GXM3ZPU976 | Long             | DBT              | CORP              | LU        |   1637000 | PA      | $1070030.91   | 0.15%             | 2029-03-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OCEANEERING INTL I 6% 02/01/28 | OCEANEERING INTL INC REGD 6.00000000                                     | CUSIP: 675232AB8<br>LEI: 549300L6PH74701W0R30 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505178.00    | 0.07%             | 2028-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| T/L BEACH ACQUISI 0% 06/25/32  | T/L BEACH ACQUISITION BIDCO    LLC REGD TERM LOAN 0.00000000             | CUSIP: 07337FAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1176000 | PA      | $1182856.08   | 0.17%             | 2032-06-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| SPECIALTY BUILD 7.75% 10/15/29 | SPECIALTY BUILDING PRODU REGD 144A P/P 7.75000000                        | CUSIP: 84749AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $351234.45    | 0.05%             | 2029-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| HAWK INFINIT V/R 10/03/28/NOK/ | HAWK INFINITY SOFTWARE /NOK/ REGD V/R 10.83000000                        | CUSIP: R2988XAB6<br>LEI: 549300B1TJBVGILMBQ39 | Long             | DBT              | CORP              | NO        |   2100000 | PA      | $218310.64    | 0.03%             | 2028-10-03      | Variable      | 10.83%                | No            |                  2 | On Loan: No      |
| ADANI TRANS STE 4.25% 05/21/36 | ADANI TRANS STEP-ONE LTD REGD REG S 4.25000000                           | CUSIP: Y0R15UGV6<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |   1807000 | PA      | $1595436.44   | 0.22%             | 2036-05-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANCO INTERNAC DE V/R 04/30/35 | BANCO INTERNAC DEL PERU REGD V/R 144A P/P 6.39700000                     | CUSIP: 05968DAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    900000 | PA      | $931500.00    | 0.13%             | 2035-04-30      | Variable      | 6.40%                 | Yes           |                  2 | On Loan: No      |
| CENCOSUD SA 4.375% 07/17/27    | CENCOSUD SA REGD REG S 4.37500000                                        | CUSIP: P2205JAQ3<br>LEI: 549300NLTGCFV7482429 | Long             | DBT              | CORP              | CL        |   1041000 | PA      | $1037315.90   | 0.15%             | 2027-07-17      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHILE ELECTRIC 5.672% 10/20/35 | CHILE ELECTRICITY LUX REGD 144A P/P 5.67200000                           | CUSIP: 16882LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1000000 | PA      | $1019990.00   | 0.14%             | 2035-10-20      | Fixed         | 5.67%                 | Yes           |                  2 | On Loan: No      |
| T/L BOOTS GROUP BI 0% 07/22/32 | T/L BOOTS GROUP BIDCO LIMITED  THE REGD 0.00000000                       | CUSIP: 09947PAB7<br>LEI: N/A                  | Long             | LON              | CORP              | GB        |    607000 | PA      | $608262.56    | 0.09%             | 2032-07-22      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MF 5% 10/01/29 | AMERICAN AXLE & MFG INC REGD 5.00000000                                  | CUSIP: 02406PBB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    650000 | PA      | $613562.63    | 0.09%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANYWHERE RE GRP 9.75% 04/15/30 | ANYWHERE RE GRP/REALOGY REGD 144A P/P 9.75000000                         | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1752730.37   | 0.25%             | 2030-04-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| WARNERMEDIA HO 4.279% 03/15/32 | WARNERMEDIA HOLDINGS INC REGD SER * 4.27900000                           | CUSIP: 55903VBQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $776700.00    | 0.11%             | 2032-03-15      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEA 6.125% 02/01/28 | SEALED AIR/SEALED AIR US REGD 144A P/P 6.12500000                        | CUSIP: 812127AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101440.30    | 0.01%             | 2028-02-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SAAVI ENERGIA  8.875% 02/10/35 | SAAVI ENERGIA SARL REGD 144A P/P 8.87500000                              | CUSIP: 78518PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    600000 | PA      | $636000.00    | 0.09%             | 2035-02-10      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| BRASKEM NETHERLA 4.5% 01/31/30 | BRASKEM NETHERLANDS REGD 4.50000000                                      | CUSIP: N15516AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    800000 | PA      | $564241.44    | 0.08%             | 2030-01-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXIC 6.75% 09/21/47 | PETROLEOS MEXICANOS REGD MTN 6.75000000                                  | CUSIP: 71654QCC4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   2000000 | PA      | $1567501.40   | 0.22%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FORD MOTO 6.184% 08/29/31/GBP/ | FORD MOTOR CREDIT CO LLC /GBP/ REGD EMTN 6.18400000                      | CUSIP: 345397H30<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $263867.73    | 0.04%             | 2031-08-29      | Fixed         | 6.18%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART 8.625% 03/15/29 | DELEK LOG PART/FINANCE REGD 144A P/P 8.62500000                          | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $313592.10    | 0.04%             | 2029-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| ENERGO PRO AS 11% 11/02/28     | ENERGO PRO AS REGD REG S 11.00000000                                     | CUSIP: X2112MAD8<br>LEI: 315700IQCL9IX158RO36 | Long             | DBT              | CORP              | CZ        |    800000 | PA      | $849067.08    | 0.12%             | 2028-11-02      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BRUNDAGE-BONE CO 7.5% 02/01/32 | BRUNDAGE-BONE CONCRETE REGD 144A P/P 7.50000000                          | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    946000 | PA      | $943875.19    | 0.13%             | 2032-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| RR DONNELLEY  10.875% 08/01/29 | RR DONNELLEY & SONS CO REGD 144A P/P 10.87500000                         | CUSIP: 257867BK6<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    637000 | PA      | $614364.40    | 0.09%             | 2029-08-01      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| CSN RESOURCES  5.875% 04/08/32 | CSN RESOURCES SA REGD REG S 5.87500000                                   | CUSIP: L21779AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   3000000 | PA      | $2518333.80   | 0.35%             | 2032-04-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OAKNORTH BAN V/R 01/09/35/GBP/ | OAKNORTH BANK PLC /GBP/ REGD V/R REG S 10.00000000                       | CUSIP: G6685XAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    800000 | PA      | $1148990.88   | 0.16%             | 2035-01-09      | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/S 3.5% 03/15/29 | ALBERTSONS COS/SAFEWAY REGD 144A P/P 3.50000000                          | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $190152.82    | 0.03%             | 2029-03-15      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED COMMU 5% 10/01/28 | CONSOLIDATED COMMUNICATI REGD 144A P/P 5.00000000                        | CUSIP: 20903XAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2679000 | PA      | $2704169.21   | 0.38%             | 2028-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CROWN AMER/CAP  4.25% 09/30/26 | CROWN AMER/CAP CORP V REGD SER WI 4.25000000                             | CUSIP: 22819KAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49769.42     | 0.01%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP 8.125% 09/15/29    | DELUXE CORP REGD 144A P/P 8.12500000                                     | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    800000 | PA      | $833409.60    | 0.12%             | 2029-09-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| CIENA CORP 4% 01/31/30         | CIENA CORP REGD 144A P/P 4.00000000                                      | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    500000 | PA      | $474637.35    | 0.07%             | 2030-01-31      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| STONEX ESCROW  6.875% 07/15/32 | STONEX ESCROW ISSUER LLC REGD 144A P/P 6.87500000                        | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2791000 | PA      | $2868835.41   | 0.40%             | 2032-07-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| RITHM CAPITAL CORP 8% 07/15/30 | RITHM CAPITAL CORP REGD 144A P/P 8.00000000                              | CUSIP: 64828TAC6<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |    300000 | PA      | $306291.00    | 0.04%             | 2030-07-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CHC GROUP LLC 11.75% 09/01/30  | CHC GROUP LLC REGD 144A P/P 11.75000000                                  | CUSIP: 12550EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1409000 | PA      | $1402598.91   | 0.20%             | 2030-09-01      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| NOVEDO HOLDI 12% 09/18/28/SEK/ | NOVEDO HOLDINGS AB /SEK/ REGD CONVERTIBLE 12.00000000                    | CUSIP: W6S19YAC0<br>LEI: 984500F0A56FIF3C6091 | Long             | DBT              | CORP              | SE        |   6250000 | PA      | $660488.02    | 0.09%             | 2028-09-18      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| ARIS MINING CORP 8% 10/31/29   | ARIS MINING CORP REGD 144A P/P 8.00000000                                | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |   2100000 | PA      | $2173500.00   | 0.31%             | 2029-10-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| TELECOM ITALIA C 7.2% 07/18/36 | TELECOM ITALIA CAPITAL REGD 7.20000000                                   | CUSIP: 87927VAR9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1700000 | PA      | $1799455.10   | 0.25%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| GRAN TIERRA ENER 9.5% 10/15/29 | GRAN TIERRA ENERGY INC REGD 144A P/P 9.50000000                          | CUSIP: 38500TAC5<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $325110.16    | 0.05%             | 2029-10-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| CARRIAGE SERVIC 4.25% 05/15/29 | CARRIAGE SERVICES INC REGD 144A P/P 4.25000000                           | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $518733.55    | 0.07%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO LL 4% 07/15/28 | SIRIUS XM RADIO LLC REGD 144A P/P 4.00000000                             | CUSIP: 82967NBJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $241270.88    | 0.03%             | 2028-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CTO REALTY GROWTH INC /PFD/    | CTO REALTY GROWTH INC         /PREFERRED/ 0.00000000                     | CUSIP: 22948Q200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     71733 | NS      | $1598928.57   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS  4.875% 01/30/30 | GENERAL MILLS INC REGD 4.87500000                                        | CUSIP: 370334DA9<br>LEI: 2TGYMUGI08PO8X8L6150 | Short            | DBT              | CORP              | US        |   -304000 | PA      | $-310828.20   | -0.04%            | 2030-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ENDEAVOUR MINING P 7% 05/28/30 | ENDEAVOUR MINING PLC REGD 144A P/P 7.00000000                            | CUSIP: 29261HAB1<br>LEI: 529900NI5MXQ91GHXR07 | Long             | DBT              | CORP              | GB        |    411000 | PA      | $419758.06    | 0.06%             | 2030-05-28      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| SYNCHRONY FINAN 7.25% 02/02/33 | SYNCHRONY FINANCIAL REGD 7.25000000                                      | CUSIP: 87165BAU7<br>LEI: 549300RS7EWPM9MA6C78 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1317236.86   | 0.19%             | 2033-02-02      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LIFEFITGROUP V/R 08/29/29/EUR/ | LIFEFITGROUP MIDCO /EUR/ REGD V/R 9.03200000                             | CUSIP: D1T4Z4AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |   1305000 | PA      | $1576811.65   | 0.22%             | 2029-08-29      | Variable      | 9.03%                 | No            |                  2 | On Loan: No      |
| CANNABIST CO HLDGS INC /CAD/   | CANNABIST CO HLDGS INC /CAD/ 0.00000000                                  | CUSIP: 13765Y509<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   2362767 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVIOS SOUTH A 8.875% 07/14/30 | NAVIOS SOUTH AMERICAN L REGD P/P 8.87500000                              | CUSIP: Y62270AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | UY        |   1200000 | PA      | $1235836.37   | 0.17%             | 2030-07-14      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY L 3.4% 06/01/31 | VORNADO REALTY LP REGD 3.40000000                                        | CUSIP: 929043AL1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1292926.02   | 0.18%             | 2031-06-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUN 8.5% 07/31/31 | UNIVISION COMMUNICATIONS REGD 144A P/P 8.50000000                        | CUSIP: 914906AZ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $309138.30    | 0.04%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| AXIAN TELE HOLD 7.25% 07/11/30 | AXIAN TELE HOLD PLC REGD 144A P/P 7.25000000                             | CUSIP: 05465QAA7<br>LEI: 984500B7DCD97EB04857 | Long             | DBT              | CORP              | MG        |    641000 | PA      | $642191.04    | 0.09%             | 2030-07-11      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| CEMEX SAB DE CV V/R /PERP/     | CEMEX SAB DE CV REGD V/R /PERP/ REG S 5.12500000                         | CUSIP: P2253TJS9<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |   3000000 | PA      | $2986152.81   | 0.42%             | 2173-09-08      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| BUFFALO ENERGY 7.875% 02/15/39 | BUFFALO ENERGY MX HLDGS REGD 144A P/P 7.87500000                         | CUSIP: 11952AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1092967 | PA      | $1166741.93   | 0.16%             | 2039-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| CHEPLAPHARM 7.5% 05/15/30/EUR/ | CHEPLAPHARM ARZNEIMITTEL /EUR/ REGD REG S 7.50000000                     | CUSIP: D1T29ZAD4<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |   1359000 | PA      | $1633477.85   | 0.23%             | 2030-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ADANIREN KODSO 4.625% 10/15/39 | ADANIREN KODSOPAR WARSOM REGD REG S EMTN 4.62500000                      | CUSIP: Y0R1LYAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    751500 | PA      | $622540.04    | 0.09%             | 2039-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CZECHOSLOV 5.25% 01/10/31/EUR/ | CZECHOSLOVAK GROUP /EUR/ REGD 144A P/P 5.25000000                        | CUSIP: N/A<br>LEI: 315700SWFD7G70AVG768       | Long             | DBT              | CORP              | CZ        |   1207000 | PA      | $1459399.62   | 0.21%             | 2031-01-10      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LAMAR MEDIA COR 3.75% 02/15/28 | LAMAR MEDIA CORP REGD SER WI 3.75000000                                  | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $583378.02    | 0.08%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TIDEWATER INC 9.125% 07/15/30  | TIDEWATER INC REGD 144A P/P 9.12500000                                   | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |    300000 | PA      | $320096.40    | 0.05%             | 2030-07-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| NAVIENT CORP 7.875% 06/15/32   | NAVIENT CORP REGD 7.87500000                                             | CUSIP: 63938CAQ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    320000 | PA      | $337566.40    | 0.05%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ANGLOGOLD HOLD 3.375% 11/01/28 | ANGLOGOLD HOLDINGS PLC REGD 3.37500000                                   | CUSIP: 03512TAF8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2500000 | PA      | $2407871.50   | 0.34%             | 2028-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR/FI 8% 02/15/31 | AVIS BUDGET CAR/FINANCE REGD 144A P/P 8.00000000                         | CUSIP: 053773BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $154768.50    | 0.02%             | 2031-02-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ALBERTSONS COS 4.625% 01/15/27 | ALBERTSONS COS/SAFEWAY REGD 144A P/P 4.62500000                          | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99391.22     | 0.01%             | 2027-01-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| WESTERN DIGITAL  3.1% 02/01/32 | WESTERN DIGITAL CORP REGD 3.10000000                                     | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   2133000 | PA      | $1899894.03   | 0.27%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA S 5.875% 07/15/30 | SEAGATE DATA STOR REGD 144A P/P 5.87500000                               | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    650000 | PA      | $657800.00    | 0.09%             | 2030-07-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUBL 5.5% 02/22/29 | DOMINICAN REPUBLIC REGD REG S 5.50000000                                 | CUSIP: P3579ECP0<br>LEI: N/A                  | Long             | DBT              | USGA              | DO        |   1200000 | PA      | $1208640.00   | 0.17%             | 2029-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DAVITA INC 4.625% 06/01/30     | DAVITA INC REGD 144A P/P 4.62500000                                      | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1058996.84   | 0.15%             | 2030-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ALTAGAS LTD V/R 10/15/54       | ALTAGAS LTD REGD V/R 144A P/P 7.20000000                                 | CUSIP: 021361AD2<br>LEI: 2549008X5V70MOS4HM10 | Long             | DBT              | CORP              | CA        |    100000 | PA      | $101331.90    | 0.01%             | 2054-10-15      | Variable      | 7.20%                 | Yes           |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS 7% 08/01/30 | ADVANCE AUTO PARTS REGD 144A P/P 7.00000000                              | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    312000 | PA      | $320151.87    | 0.05%             | 2030-08-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| MOOG INC 4.25% 12/15/27        | MOOG INC REGD 144A P/P 4.25000000                                        | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |    750000 | PA      | $738273.75    | 0.10%             | 2027-12-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| RAC BOND C 5.25% 11/04/27/GBP/ | RAC BOND CO PLC /GBP/ REGD REG S 5.25000000                              | CUSIP: G73354AD7<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2700000 | PA      | $3603662.44   | 0.51%             | 2027-11-04      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HERENS MID 5.25% 05/15/29/EUR/ | HERENS MIDCO SARL /EUR/ REGD REG S 5.25000000                            | CUSIP: L4790AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    737000 | PA      | $544748.05    | 0.08%             | 2029-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FIVE POINT OP CO S/UP 01/15/28 | FIVE POINT OP CO LP/FIVE REGD S/UP 144A P/P 10.50000000                  | CUSIP: 33834YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2382746 | PA      | $2399282.26   | 0.34%             | 2028-01-15      | Variable      | 10.50%                | Yes           |                  2 | On Loan: No      |
| ORGANON & CO/O 7.875% 05/15/34 | ORGANON & CO/ORGANON FOR REGD 144A P/P 7.87500000                        | CUSIP: 68622FAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $270451.17    | 0.04%             | 2034-05-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| GETTY IMAGES I 11.25% 02/21/30 | GETTY IMAGES INC REGD 144A P/P 11.25000000                               | CUSIP: 374276AM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4148000 | PA      | $3795129.64   | 0.53%             | 2030-02-21      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| LEAFLY HLDGS WT EX 01/17/2027  | LEAFLY HLDGS INC WARRANTS EXP 01/17/2027 0.00000000                      | CUSIP: 52178J113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     36249 | NS      | $289.99       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RESO 8.25% 06/15/29 | CALIFORNIA RESOURCES CRP REGD 144A P/P 8.25000000                        | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1601422.80   | 0.23%             | 2029-06-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| DNO ASA 8.5% 03/27/30          | DNO ASA REGD 8.50000000                                                  | CUSIP: R6007GAH8<br>LEI: 5967007LIEEXZXH3K072 | Long             | DBT              | CORP              | NO        |   1254000 | PA      | $1282315.32   | 0.18%             | 2030-03-27      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| XPO INC 6.25% 06/01/28         | XPO INC REGD 144A P/P 6.25000000                                         | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   5394000 | PA      | $5487677.60   | 0.77%             | 2028-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ROGERS COMMUNICAT V/R 04/15/55 | ROGERS COMMUNICATIONS IN REGD V/R SER NC5 7.00000000                     | CUSIP: 775109DG3<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $51289.00     | 0.01%             | 2055-04-15      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| ENERGUATE TRUS 5.875% 05/03/27 | ENERGUATE TRUST REGD REG S 5.87500000                                    | CUSIP: G3040LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | GT        |    200000 | PA      | $200102.00    | 0.03%             | 2027-05-03      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ACU PETROLEO LUX 7.5% 01/13/32 | ACU PETROLEO LUXEMBOURG REGD REG S 7.50000000                            | CUSIP: L0R80QAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1370502 | PA      | $1390258.13   | 0.20%             | 2032-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP 4.75% 01/30/30    | NOVELIS CORP REGD 144A P/P 4.75000000                                    | CUSIP: 670001AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $480832.20    | 0.07%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| COMCAST CORP 5.3% 06/01/34     | COMCAST CORP REGD 5.30000000                                             | CUSIP: 20030NEJ6<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Short            | DBT              | CORP              | US        |  -1519000 | PA      | $-1563558.24  | -0.22%            | 2034-06-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL  5.125% 01/15/28 | MILLICOM INTL CELLULAR REGD REG S 5.12500000                             | CUSIP: L6388GAB6<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    900000 | PA      | $891905.22    | 0.13%             | 2028-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MCDERMOTT WT EX 12/31/2049     | MCDERMOTT INTL LTD WARRANTS  EXP 12/31/2049 0.00000000                   | CUSIP: G5924V122<br>LEI: N/A                  | N/A              | DE               | CORP              | BM        |    558670 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DIRECTV FIN LL 5.875% 08/15/27 | DIRECTV FIN LLC/COINC REGD 144A P/P 5.87500000                           | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1890498.56   | 0.27%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CAB 3.375% 02/01/28/EUR/       | CAB /EUR/ REGD REG S 3.37500000                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | FR        |    100000 | PA      | $108882.18    | 0.02%             | 2028-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HL 5.625% 02/15/29 | MATCH GROUP HLD II LLC REGD 144A P/P 5.62500000                          | CUSIP: 57665RAJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $400358.40    | 0.06%             | 2029-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| GEO GROUP INC/ 10.25% 04/15/31 | GEO GROUP INC/THE REGD SER WI 10.25000000                                | CUSIP: 36162JAH9<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1653559.59   | 0.23%             | 2031-04-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SA 8.5% 04/15/31 | ILIAD HOLDING SAS REGD 144A P/P 8.50000000                               | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    850000 | PA      | $914489.68    | 0.13%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| JDC GROUP AG V/R 08/28/29/EUR/ | JDC GROUP AG /EUR/ REGD V/R 6.52200000                                   | CUSIP: N/A<br>LEI: 391200HVYXFJ2R1BIN92       | Long             | DBT              | CORP              | DE        |   2253000 | PA      | $2694150.68   | 0.38%             | 2029-08-28      | Variable      | 6.52%                 | Yes           |                  2 | On Loan: No      |
| BRACKEN MI 6.75% 11/01/27/GBP/ | BRACKEN MIDCO ONE /GBP/ REGD REG S 6.75000000                            | CUSIP: G12854AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1750000 | PA      | $2361498.30   | 0.33%             | 2027-11-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN IN 4.5% 02/15/31 | IRON MOUNTAIN INC REGD 144A P/P 4.50000000                               | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |    950000 | PA      | $903768.16    | 0.13%             | 2031-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ODYSSEY EURO 10% 12/31/25/EUR/ | ODYSSEY EUROPE HOLDCO /EUR/ REGD REG S EMTN 10.00000000                  | CUSIP: L7156UAA5<br>LEI: 5299008HPZO9A209NZ33 | Long             | DBT              | CORP              | LU        |   1500000 | PA      | $1674879.87   | 0.24%             | 2025-12-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE 6.5% 06/15/29   | BRINK'S CO/THE REGD 144A P/P 6.50000000                                  | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154258.95    | 0.02%             | 2029-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| PROSOMNUS SLEEP TECHNOLOGIES   | PROSOMNUS SLEEP TECHNOLOGIES   INC 0.00000000                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   2835078 | NS      | $2835078.00   | 0.40%             |  |  |  | No            |                  3 | On Loan: No      |
| NABORS INDUSTR 7.375% 05/15/27 | NABORS INDUSTRIES INC REGD 144A P/P 7.37500000                           | CUSIP: 62957HAJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    607000 | PA      | $617116.87    | 0.09%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| HOWARD HUGHES  4.125% 02/01/29 | HOWARD HUGHES CORP REGD 144A P/P 4.12500000                              | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    600000 | PA      | $573942.36    | 0.08%             | 2029-02-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| PT PERTAMINA (PE 1.4% 02/09/26 | PT PERTAMINA (PERSERO) REGD 1.40000000                                   | CUSIP: 69370RAK3<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        |   1300000 | PA      | $1281494.05   | 0.18%             | 2026-02-09      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| WHEEL BID 9.875% 09/15/29/GBP/ | WHEEL BIDCO LTD /GBP/ REGD REG S 9.87500000                              | CUSIP: G9591NAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   1087552 | PA      | $1349318.02   | 0.19%             | 2029-09-15      | Variable      | 9.88%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED GAS 9.75% 04/09/29 | DIVERSIFIED GAS & OIL CO REGD 9.75000000                                 | CUSIP: 255224AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1125000 | PA      | $1097061.84   | 0.15%             | 2029-04-09      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| STONEX GROUP I 7.875% 03/01/31 | STONEX GROUP INC REGD 144A P/P 7.87500000                                | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |   4040000 | PA      | $4270550.68   | 0.60%             | 2031-03-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| PUNCH FIN 7.875% 12/30/30/GBP/ | PUNCH FINANCE PLC /GBP/ REGD 144A P/P 7.87500000                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | GB        |   1515000 | PA      | $2103131.66   | 0.30%             | 2030-12-30      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| GO NORTH GROUP AB V/R 02/09/26 | GO NORTH GROUP AB REGD V/R EMTN 10.14197200                              | CUSIP: W3578FAJ6<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |   4071308 | PA      | $2157793.24   | 0.30%             | 2026-02-09      | Variable      | 10.14%                | No            |                  2 | On Loan: No      |
| TELECOM ITALIA 6.375% 11/15/33 | TELECOM ITALIA CAPITAL REGD 6.37500000                                   | CUSIP: 87927VAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     50000 | PA      | $51813.35     | 0.01%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MOSS CREEK RESO 8.25% 09/01/31 | MOSS CREEK RESOURCES HLD REGD 144A P/P 8.25000000                        | CUSIP: 61965RAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $741729.00    | 0.10%             | 2031-09-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| EMERIA SAS 7.75% 03/31/28/EUR/ | EMERIA SASU /EUR/ REGD REG S 7.75000000                                  | CUSIP: F32968AA1<br>LEI: 969500SA2FHM81LPJ311 | Long             | DBT              | CORP              | FR        |    201000 | PA      | $220717.95    | 0.03%             | 2028-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GUARA NORTE SA 5.198% 06/15/34 | GUARA NORTE SARL REGD REG S 5.19800000                                   | CUSIP: L4R02QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   1536580 | PA      | $1488575.86   | 0.21%             | 2034-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| BONHEUR ASA V/R 10/09/29/NOK/  | BONHEUR ASA /NOK/ REGD V/R 6.67000000                                    | CUSIP: R13875AM2<br>LEI: 213800HOQE1B34SUA323 | Long             | DBT              | CORP              | NO        |  17500000 | PA      | $1740903.78   | 0.24%             | 2029-10-09      | Variable      | 6.67%                 | Yes           |                  2 | On Loan: No      |
| BANCO DO BRASIL (CA V/R /PERP/ | BANCO DO BRASIL (CAYMAN) REGD V/R /PERP/ 8.74800000                      | CUSIP: G07402DP5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   4000000 | PA      | $3990600.00   | 0.56%             | 2173-10-15      | Variable      | 8.75%                 | No            |                  2 | On Loan: No      |
| AAREAL BANK AG V/R /PERP/      | AAREAL BANK AG REGD V/R /PERP/ REG S 9.87500000                          | CUSIP: D0R3FBAC4<br>LEI: EZKODONU5TYHW4PP1R34 | Long             | DBT              | CORP              | DE        |   1400000 | PA      | $1506912.40   | 0.21%             | 2174-07-31      | Variable      | 9.88%                 | No            |                  2 | On Loan: No      |
| BRAND INDUSTR 10.375% 08/01/30 | BRAND INDUSTRIAL SERVICE REGD 144A P/P 10.37500000                       | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |    950000 | PA      | $932696.12    | 0.13%             | 2030-08-01      | Fixed         | 10.38%                | Yes           |                  2 | On Loan: No      |
| ALLEGIANT TRAVE 7.25% 08/15/27 | ALLEGIANT TRAVEL CO REGD 144A P/P 7.25000000                             | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |    750000 | PA      | $762968.25    | 0.11%             | 2027-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| JSW INFRASTRUCT 4.95% 01/21/29 | JSW INFRASTRUCTURE REGD REG S EMTN 4.95000000                            | CUSIP: Y4470XAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    900000 | PA      | $901540.76    | 0.13%             | 2029-01-21      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| T/L ELEVATE TEX 0% 09/30/27    | T/L ELEVATE TEXTILES INC REGD 0.00000000                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    330781 | PA      | $331194.37    | 0.05%             | 2027-09-30      | Variable      | 12.94%                | No            |                  2 | On Loan: No      |
| TURNING POINT  7.625% 03/15/32 | TURNING POINT BRANDS INC REGD 144A P/P 7.62500000                        | CUSIP: 90041LAG0<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1777195.30   | 0.25%             | 2032-03-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| CLEARWAY ENERGY 4.75% 03/15/28 | CLEARWAY ENERGY OP LLC REGD 144A P/P 4.75000000                          | CUSIP: 18539UAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $247214.50    | 0.03%             | 2028-03-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| FLEX LNG LTD                   | FLEX LNG LTD 0.00000000                                                  | CUSIP: G35947202<br>LEI: 21380084THHU3MPC3647 | Long             | EC               | CORP              | NO        |     24300 | NS      | $662175.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NGL ENRGY OP/F 8.375% 02/15/32 | NGL ENRGY OP/FIN CORP REGD 144A P/P 8.37500000                           | CUSIP: 62922LAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101586.50    | 0.01%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| AUDACY CAPITAL WT EX 10/24/25  | AUDACY CAPITAL SPECIAL  WARRANTS WARRANTS EXP 10/24/25 0.00000000        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |     14538 | NS      | $145380.00    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| PROJECT GRAND 9% 06/01/29/EUR/ | PROJECT GRAND UK PLC /EUR/ REGD REG S 9.00000000                         | CUSIP: G72513AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    511000 | PA      | $633156.25    | 0.09%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB 0% 12/31/49  | GO NORTH GROUP AB ZCP REGD 0.00000000                                    | CUSIP: W3578FAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |    100741 | PA      | $0.00         | 0.00%             | 2049-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| TRIVIUM PACKAGI 8.25% 07/15/30 | TRIVIUM PACKAGING FIN REGD 144A P/P 8.25000000                           | CUSIP: 89686QAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    296000 | PA      | $314396.70    | 0.04%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| PERU LNG SRL 5.375% 03/22/30   | PERU LNG SRL REGD REG S 5.37500000                                       | CUSIP: P7721BAE1<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | CORP              | PE        |    416700 | PA      | $396154.48    | 0.06%             | 2030-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALPINE INCOME PROPERTY TRUST   | ALPINE INCOME PROPERTY TRUST 0.00000000                                  | CUSIP: 02083X103<br>LEI: N/A                  | Long             | RE               | CORP              | US        |       700 | NS      | $10689.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PHINIA INC 6.75% 04/15/29      | PHINIA INC REGD 144A P/P 6.75000000                                      | CUSIP: 71880KAA9<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |    200000 | PA      | $206450.40    | 0.03%             | 2029-04-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| WYNDHAM HOTELS 4.375% 08/15/28 | WYNDHAM HOTELS & RESORTS REGD 144A P/P 4.37500000                        | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |    350000 | PA      | $341709.41    | 0.05%             | 2028-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| UNITED MEXICAN S 4.5% 04/22/29 | UNITED MEXICAN STATES REGD 4.50000000                                    | CUSIP: 91087BAF7<br>LEI: N/A                  | Long             | DBT              | USGA              | MX        |    450000 | PA      | $448132.50    | 0.06%             | 2029-04-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAG 12.25% 01/15/31 | TRIVIUM PACKAGING FIN REGD 144A P/P 12.25000000                          | CUSIP: 89686QAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    385000 | PA      | $412841.66    | 0.06%             | 2031-01-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| MARKS & SPENCE 7.125% 12/01/37 | MARKS & SPENCER PLC REGD P/P 7.12500000                                  | CUSIP: 57069PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    850000 | PA      | $931699.14    | 0.13%             | 2037-12-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| BANCO DE BOGOTA 6.25% 05/12/26 | BANCO DE BOGOTA SA REGD REG S 6.25000000                                 | CUSIP: P09252AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | CO        |   1000000 | PA      | $1006089.19   | 0.14%             | 2026-05-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MV24 CAPITAL B 6.748% 06/01/34 | MV24 CAPITAL BV REGD REG S 6.74800000                                    | CUSIP: N53766AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   2929280 | PA      | $2871333.86   | 0.40%             | 2034-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANC 3% 01/15/28/EUR/ | ALTICE FINANCING SA /EUR/ REGD REG S 3.00000000                          | CUSIP: L01787AD9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1059000 | PA      | $979295.22    | 0.14%             | 2028-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| T/L INOTIV INC. 0% 11/05/26    | T/L INOTIV INC. REGD 0.00000000                                          | CUSIP: 45783RAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8056265 | PA      | $6636348.26   | 0.93%             | 2026-11-05      | Variable      | 10.96%                | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA  V/R 07/02/35 | BANCO DAVIVIENDA SA REGD V/R 144A P/P 8.12500000                         | CUSIP: 059501AG1<br>LEI: N/A                  | Long             | DBT              | CORP              | CO        |   1700000 | PA      | $1758310.00   | 0.25%             | 2035-07-02      | Variable      | 8.12%                 | Yes           |                  2 | On Loan: No      |
| AZULE ENERGY F 8.125% 01/23/30 | AZULE ENERGY FINANCE PLC REGD 144A P/P 8.12500000                        | CUSIP: 05501YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2029000 | PA      | $2046776.07   | 0.29%             | 2030-01-23      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| INTENO GROUP V/R 09/06/26/EUR/ | INTENO GROUP /EUR/ REGD V/R REG S 9.46000000                             | CUSIP: W3R22JAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |   1200000 | PA      | $898555.04    | 0.13%             | 2026-09-06      | Variable      | 9.46%                 | No            |                  2 | On Loan: No      |
| NABORS INDUSTRIE 7.5% 01/15/28 | NABORS INDUSTRIES LTD REGD 144A P/P 7.50000000                           | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | US        |   3527000 | PA      | $3540346.17   | 0.50%             | 2028-01-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ANGI GROUP LLC 3.875% 08/15/28 | ANGI GROUP LLC REGD 144A P/P 3.87500000                                  | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    215000 | PA      | $202462.28    | 0.03%             | 2028-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| COSAN OVERSEAS 8.25% /PERP/    | COSAN OVERSEAS LTD REGD /PERP/ 8.25000000                                | CUSIP: G2541SAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1900000 | PA      | $1875110.00   | 0.26%             | 2174-02-05      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS 7.75% 11/15/30 | IHO VERWALTUNGS GMBH REGD 144A P/P 7.75000000                            | CUSIP: 44963BAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    400000 | PA      | $415922.40    | 0.06%             | 2030-11-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| CONSOLIDATED COM 6.5% 10/01/28 | CONSOLIDATED COMMUNICATI REGD 144A P/P 6.50000000                        | CUSIP: 20903XAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9708000 | PA      | $9869414.92   | 1.39%             | 2028-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| JSW HYDRO ENER 4.125% 05/18/31 | JSW HYDRO ENERGY LT REGD REG S 4.12500000                                | CUSIP: Y4S71YAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |   2911000 | PA      | $2730838.21   | 0.38%             | 2031-05-18      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| ALPHA PARTNERS TECHNOLOGY CL A | ALPHA PARTNERS TECHNOLOGY      FOUNDER SHARES CLASS A 0.00000000         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     15560 | NS      | $2800.80      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CASCADES INC/U 5.375% 01/15/28 | CASCADES INC/USA INC REGD 144A P/P 5.37500000                            | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    500000 | PA      | $492615.85    | 0.07%             | 2028-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| TAYLOR MORRISON 5.75% 01/15/28 | TAYLOR MORRISON COMM REGD 144A P/P 5.75000000                            | CUSIP: 87724RAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $354411.75    | 0.05%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| N/A                            | GBP/USD FWD 20250915 000000010 USD                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-908.14      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GARRETT MOTION  7.75% 05/31/32 | GARRETT MOTION HLD/SARL REGD 144A P/P 7.75000000                         | CUSIP: 366504AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    950000 | PA      | $993377.95    | 0.14%             | 2032-05-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| C&S GROUP ENTERPRI 5% 12/15/28 | C&S GROUP ENTERPRISES LL REGD 144A P/P 5.00000000                        | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    781000 | PA      | $710122.92    | 0.10%             | 2028-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| BBVA BANCOMER SA  V/R 02/11/35 | BBVA BANCOMER SA TEXAS REGD V/R 144A P/P 7.62500000                      | CUSIP: 072912AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    842000 | PA      | $879890.00    | 0.12%             | 2035-02-11      | Variable      | 7.62%                 | Yes           |                  2 | On Loan: No      |
| BLOCK INC 5.625% 08/15/30      | BLOCK INC REGD 144A P/P 5.62500000                                       | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    191000 | PA      | $195240.46    | 0.03%             | 2030-08-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| EVOCA SPA V/R 04/09/29/EUR/    | EVOCA SPA /EUR/ REGD V/R REG S 7.19400000                                | CUSIP: T3R2D3AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | IT        |   1600000 | PA      | $1828130.17   | 0.26%             | 2029-04-09      | Variable      | 7.19%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAM A 5.75% 04/15/26 | WASH MULTIFAM ACQ INC REGD 144A P/P 5.75000000                           | CUSIP: 93710WAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6403000 | PA      | $6399413.68   | 0.90%             | 2026-04-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MERLIN ENTERTA 7.375% 02/15/31 | MERLIN ENTERTAINMENTS GR REGD 144A P/P 7.37500000                        | CUSIP: 59010UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $299224.38    | 0.04%             | 2031-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BANCO GNB SUDAMER V/R 04/16/31 | BANCO GNB SUDAMERIS SA REGD V/R REG S 7.50000000                         | CUSIP: P1265VAH5<br>LEI: N/A                  | Long             | DBT              | CORP              | CO        |    150000 | PA      | $150064.67    | 0.02%             | 2031-04-16      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| GOLD FIELDS OR 6.125% 05/15/29 | GOLD FIELDS OROGEN HOLD REGD REG S 6.12500000                            | CUSIP: G40365AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | IM        |   1400000 | PA      | $1460739.55   | 0.21%             | 2029-05-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ADANI ELECTRIC 3.949% 02/12/30 | ADANI ELECTRICITY MUMBAI REGD 3.94900000                                 | CUSIP: Y0R1SDAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |   2703000 | PA      | $2508609.97   | 0.35%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| CHILE ELEC PEC SP ZCP 01/25/28 | CHILE ELEC PEC SPA REGD ZCP 144A P/P 0.00000000                          | CUSIP: 168831AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |   3074169 | PA      | $2748307.33   | 0.39%             | 2028-01-25      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| DIGICEL GROUP HOL ZCP 12/31/30 | DIGICEL GROUP HOLDINGS REGD ZCP 144A P/P SER 2B14 0.00000000             | CUSIP: 25381HAH1<br>LEI: N/A                  | Long             | DBT              | CORP              | JM        |    193149 | PA      | $8641.58      | 0.00%             | 2030-12-31      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| STAR LEASING C 7.625% 02/15/30 | STAR LEASING CO LLC REGD 144A P/P 7.62500000                             | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |    208000 | PA      | $205751.06    | 0.03%             | 2030-02-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD PPTY  4.5% 04/01/27 | BROOKFIELD PPTY REIT INC REGD 144A P/P 4.50000000                        | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    495000 | PA      | $486441.45    | 0.07%             | 2027-04-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| ONEMAIN FINANC 7.125% 09/15/32 | ONEMAIN FINANCE CORP REGD 7.12500000                                     | CUSIP: 682691AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $260315.08    | 0.04%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TYCO ELECTRONICS 4.5% 02/09/31 | TYCO ELECTRONICS GROUP S REGD 4.50000000                                 | CUSIP: 902133BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1229000 | PA      | $1238842.46   | 0.17%             | 2031-02-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KAROON USA FINA 10.5% 05/14/29 | KAROON USA FINANCE INC REGD 144A P/P 10.50000000                         | CUSIP: 48575AAA9<br>LEI: 254900I4IZ164TOMZH46 | Long             | DBT              | CORP              | AU        |    900000 | PA      | $934067.70    | 0.13%             | 2029-05-14      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| ADANI PORTS AN 4.375% 07/03/29 | ADANI PORTS AND SPECIAL REGD REG S 4.37500000                            | CUSIP: Y00130RP4<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    400000 | PA      | $385373.84    | 0.05%             | 2029-07-03      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MOVIDA EUROPE S 7.85% 04/11/29 | MOVIDA EUROPE SA REGD REG S 7.85000000                                   | CUSIP: L65266AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1400000 | PA      | $1349730.73   | 0.19%             | 2029-04-11      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| IMPALA GROUP 12% 10/30/27/SEK/ | IMPALA GROUP PLC /SEK/ REGD 0.00000000                                   | CUSIP: G4722LAA3<br>LEI: 549300H2NW5AUSWVQK84 | Long             | DBT              | CORP              | GB        |  15440150 | PA      | $979011.28    | 0.14%             | 2027-10-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| T/L AUDACY CAPITA ZCP 10/01/29 | T/L AUDACY CAPITAL LLC REGD ZCP TERM LOAN 0.00000000                     | CUSIP: 05070XAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4560592 | PA      | $3659875.01   | 0.51%             | 2029-10-01      | Variable      | 10.43%                | No            |                  2 | On Loan: No      |
| XTRACKERS USD HIGH YIELD COR   | XTRACKERS USD HIGH YIELD CORPORATE BOND ETF CL USD INC 0.00000000        | CUSIP: 233051432<br>LEI: N/A                  | Long             | EC               | PF                | US        |    354055 | NS      | $13100035.00  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                            | EUR/USD FWD 20250915 000000010 USD                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $52066.87     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| P/O ZIFF DAVIS  IN DEC 35.000  | PUT OPTION ON 100SHS           ZIFF DAVIS  INC    DEC 35.000 0.00000000  | CUSIP: 0IM99RL31<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -103 | NC      | $-47380.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| SIMPAR EUROPE SA 5.2% 01/26/31 | SIMPAR EUROPE SA REGD REG S 5.20000000                                   | CUSIP: L8449RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    200000 | PA      | $167120.00    | 0.02%             | 2031-01-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| DAVITA INC 6.875% 09/01/32     | DAVITA INC REGD 144A P/P 6.87500000                                      | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155179.80    | 0.02%             | 2032-09-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| FIEMEX ENERGIA  7.25% 01/31/41 | FIEMEX ENERGIA - BANC AC REGD 144A P/P 7.25000000                        | CUSIP: 05974EAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1584812 | PA      | $1627173.82   | 0.23%             | 2041-01-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| CPI CG INC 10% 07/15/29        | CPI CG INC REGD 144A P/P 10.00000000                                     | CUSIP: 12598FAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    186000 | PA      | $194695.50    | 0.03%             | 2029-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| M/I HOMES INC 4.95% 02/01/28   | M/I HOMES INC REGD 4.95000000                                            | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197902.92    | 0.03%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| C&W SENIOR FINANCE 9% 01/15/33 | C&W SENIOR FINANCE LTD REGD 144A P/P 9.00000000                          | CUSIP: 12665MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    848000 | PA      | $890343.18    | 0.13%             | 2033-01-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| COMPASS GROUP D 5.25% 04/15/29 | COMPASS GROUP DIVERSIFIE REGD 144A P/P 5.25000000                        | CUSIP: 20451RAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3204000 | PA      | $2955698.33   | 0.42%             | 2029-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| PRIME HEALTHCA 9.375% 09/01/29 | PRIME HEALTHCARE SERVICE REGD 144A P/P 9.37500000                        | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5742000 | PA      | $5925227.22   | 0.83%             | 2029-09-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| ADVANCE AUTO PAR 3.5% 03/15/32 | ADVANCE AUTO PARTS REGD 3.50000000                                       | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    100000 | PA      | $87267.95     | 0.01%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VF CORP 2.8% 04/23/27          | VF CORP REGD 2.80000000                                                  | CUSIP: 918204BB3<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144811.79    | 0.02%             | 2027-04-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| NCR ATLEOS LLC 9.5% 04/01/29   | NCR ATLEOS LLC REGD 144A P/P 9.50000000                                  | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1246970.30   | 0.18%             | 2029-04-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| N/A                            | GBP/USD FWD 20250911 000000010 USD                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-105548.95   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAP 6% 09/30/34 | TELECOM ITALIA CAPITAL REGD 6.00000000                                   | CUSIP: 87927VAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    150000 | PA      | $149413.61    | 0.02%             | 2034-09-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INVEPAR A-1 0% 12/30/2028      | INVEPAR A-1 REGD 0.00000000                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     70068 | PA      | $0.00         | 0.00%             | 2028-12-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| FORUM ENERGY TE 10.5% 11/07/29 | FORUM ENERGY TECHNOLOGIE REGD REG S 10.50000000                          | CUSIP: U02634AD2<br>LEI: 549300SF93HLCR1REE27 | Long             | DBT              | CORP              | US        |  10650000 | PA      | $11013273.95  | 1.55%             | 2029-11-07      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| DIGICEL GROUP HOL ZCP 12/31/30 | DIGICEL GROUP HOLDINGS REGD ZCP 144A P/P SER 4B14 0.00000000             | CUSIP: 25381HAR9<br>LEI: N/A                  | Long             | DBT              | CORP              | JM        |     61871 | PA      | $394.44       | 0.00%             | 2030-12-31      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| BRANDYWINE OPE 8.875% 04/12/29 | BRANDYWINE OPER PARTNERS REGD 8.87500000                                 | CUSIP: 105340AS2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $489228.75    | 0.07%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| PORCH GROUP INC 6.75% 10/01/28 | PORCH GROUP INC REGD 144A P/P CONVERTIBLE 6.75000000                     | CUSIP: 733245AC8<br>LEI: 549300NXEI7CVW8IXQ90 | Long             | DBT              | CORP              | US        |    847000 | PA      | $868598.50    | 0.12%             | 2028-10-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| COREWEAVE INC 9% 02/01/31      | COREWEAVE INC REGD 144A P/P 9.00000000                                   | CUSIP: 21873SAC2<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197999.28    | 0.03%             | 2031-02-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| AZERION GROU V/R 10/02/26/EUR/ | AZERION GROUP NV /EUR/ REGD V/R 8.69400000                               | CUSIP: N0795QAB2<br>LEI: 7245007RB3M5PMWY6N86 | Long             | DBT              | CORP              | NL        |   3979000 | PA      | $4648042.48   | 0.65%             | 2026-10-02      | Variable      | 8.69%                 | No            |                  2 | On Loan: No      |
| CVR ENERGY INC 5.75% 02/15/28  | CVR ENERGY INC REGD 144A P/P 5.75000000                                  | CUSIP: 12662PAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1559135.52   | 0.22%             | 2028-02-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| UNITED OVERSEAS B V/R 03/16/31 | UNITED OVERSEAS BANK LTD REGD V/R REG S EMTN SER GMTN 1.75000000         | CUSIP: Y9T10P5L5<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |   1600000 | PA      | $1577288.29   | 0.22%             | 2031-03-16      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| ADANI PORTS AND  3.1% 02/02/31 | ADANI PORTS AND SPECIAL REGD REG S 3.10000000                            | CUSIP: Y00130XS1<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $174045.44    | 0.02%             | 2031-02-02      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| UPHEALTH INC                   | UPHEALTH INC 0.00000000                                                  | CUSIP: 91532B200<br>LEI: 549300OSKGXG2OH2XE50 | Long             | EC               | CORP              | US        |    238311 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| T/L MOUNTAINEERME 0% 10/26/28  | T/L MOUNTAINEER MERGER         CORPORATION REGD 0.00000000               | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1271412 | PA      | $635705.78    | 0.09%             | 2028-10-26      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| 888 ACQUI 10.75% 05/15/30/GBP/ | 888 ACQUISITIONS LTD /GBP/ REGD REG S 10.75000000                        | CUSIP: X1957XAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | GI        |   1600000 | PA      | $2236706.89   | 0.31%             | 2030-05-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| CULLINAN HO 8.5% 10/15/29/EUR/ | CULLINAN HOLDCO SCSP 8.5%/EUR/ REGD 144A 8.50000000                      | CUSIP: N/A<br>LEI: 549300F81ZP47K818173       | Long             | DBT              | CORP              | LU        |   1134231 | PA      | $1186711.82   | 0.17%             | 2029-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| QXO BUILDING PR 6.75% 04/30/32 | QXO BUILDING PRODUCTS REGD 144A P/P 6.75000000                           | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |    150000 | PA      | $154920.71    | 0.02%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TOTAL PLAY TELE 10.5% 12/31/28 | TOTAL PLAY TELECOM REGD REG S 10.50000000                                | CUSIP: P9190PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1800000 | PA      | $1756253.52   | 0.25%             | 2028-12-31      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE  V/R /PERP/ | BANCO MERCANTIL DE NORTE REGD V/R /PERP/ 144A P/P 8.37500000             | CUSIP: 05971PAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    900000 | PA      | $936000.00    | 0.13%             | 2174-02-20      | Variable      | 8.38%                 | Yes           |                  2 | On Loan: No      |
| RESORTS WORLD/ 4.625% 04/16/29 | RESORTS WORLD/RWLV CAP REGD P/P 4.62500000                               | CUSIP: 76120HAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $359658.92    | 0.05%             | 2029-04-16      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CORECIVIC INC 8.25% 04/15/29   | CORECIVIC INC REGD 8.25000000                                            | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1375878.40   | 0.19%             | 2029-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| RR DONNELLEY & S 9.5% 08/01/29 | RR DONNELLEY & SONS CO REGD 144A P/P 9.50000000                          | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    974000 | PA      | $988196.78    | 0.14%             | 2029-08-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| NEXTURE SPA V/R 07/30/32/EUR/  | NEXTURE SPA /EUR/ REGD V/R 144A P/P 5.94400000                           | CUSIP: N/A<br>LEI: 815600EF527DCD52E910       | Long             | DBT              | CORP              | IT        |    662000 | PA      | $784188.23    | 0.11%             | 2032-07-30      | Variable      | 5.94%                 | Yes           |                  2 | On Loan: No      |
| AEGON LTD V/R /PERP//EUR/      | AEGON LTD /EUR/ REGD V/R /PERP/ 0.85000000                               | CUSIP: N00890WW4<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $105441.74    | 0.01%             | 2174-03-04      | Variable      | 0.85%                 | No            |                  2 | On Loan: No      |
| NEW FLYER HOLDI 9.25% 07/01/30 | NEW FLYER HOLDINGS REGD 144A P/P 9.25000000                              | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1977000 | PA      | $2120719.99   | 0.30%             | 2030-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| ADANI PORTS AND SP 4% 07/30/27 | ADANI PORTS AND SPECIAL REGD REG S 4.00000000                            | CUSIP: Y00130KN6<br>LEI: 335800QOAXP5TM7OYP69 | Long             | DBT              | CORP              | IN        |   2100000 | PA      | $2042208.21   | 0.29%             | 2027-07-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTRIENT  6.75% 05/30/30/EUR/ | CENTRIENT HOLDING BV /EUR/ REGD 144A P/P 6.75000000                      | CUSIP: N/A<br>LEI: 549300QHIYIRIMCM2345       | Long             | DBT              | CORP              | NL        |    109000 | PA      | $125639.08    | 0.02%             | 2030-05-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| T/L TPC GROUP INC 0% 11/21/31  | T/L TPC GROUP INC REGD         TERM LOAN 0.00000000                      | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   6552578 | PA      | $6208567.18   | 0.87%             | 2031-11-21      | Variable      | 9.95%                 | No            |                  2 | On Loan: No      |
| GEVEKO AB V/R 12/26/28/EUR/    | GEVEKO AB /EUR/ REGD V/R REG S 6.49700000                                | CUSIP: W34466AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |    522000 | PA      | $622925.01    | 0.09%             | 2028-12-26      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA  V/R 09/13/34 | BBVA BANCOMER SA TEXAS REGD V/R 5.87500000                               | CUSIP: P16259AN6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1992461.80   | 0.28%             | 2034-09-13      | Variable      | 5.88%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE B V/R 09/10/30 | OVERSEA-CHINESE BANKING REGD V/R 144A P/P 1.83200000                     | CUSIP: 69033CAD1<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |    300000 | PA      | $299765.83    | 0.04%             | 2030-09-10      | Variable      | 1.83%                 | Yes           |                  2 | On Loan: No      |
| ALTICE FINANCING S 5% 01/15/28 | ALTICE FINANCING SA REGD 144A P/P 5.00000000                             | CUSIP: 02154CAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1112000 | PA      | $908003.62    | 0.13%             | 2028-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ICAHN ENTERPRISES 10% 11/15/29 | ICAHN ENTERPRISES/FIN REGD 144A P/P 10.00000000                          | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1469000 | PA      | $1454139.65   | 0.20%             | 2029-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC 6.375% 03/01/29  | TRANSDIGM INC REGD 144A P/P 6.37500000                                   | CUSIP: 893647BU0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $51191.65     | 0.01%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| T/L GEMMACERT LTD 0% 05/19/24  | T/L GEMMACERT LTD REGD 0.00000000                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    994453 | PA      | $0.00         | 0.00%             | 2026-05-20      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| INRETAIL SHOPPI 5.75% 04/03/28 | INRETAIL SHOPPIN REGD REG S 5.75000000                                   | CUSIP: P56243AD3<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |   2000000 | PA      | $2002277.16   | 0.28%             | 2028-04-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL 6.5% 05/01/28 | MIDCAP FINANCIAL ISSR TR REGD 144A P/P 6.50000000                        | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $398741.32    | 0.06%             | 2028-05-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| DT MIDSTREAM I 4.375% 06/15/31 | DT MIDSTREAM INC REGD 144A P/P 4.37500000                                | CUSIP: 23345MAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $288629.97    | 0.04%             | 2031-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| MANGROVE LUX V/R 07/15/29/EUR/ | MANGROVE LUXCO III /EUR/ REGD V/R 144A P/P 7.02600000                    | CUSIP: N/A<br>LEI: 549300GLJSZN1PU7T586       | Long             | DBT              | CORP              | LU        |   5237000 | PA      | $6144001.66   | 0.86%             | 2029-07-15      | Variable      | 7.03%                 | Yes           |                  2 | On Loan: No      |
| EURONET W 1.375% 05/22/26/EUR/ | EURONET WORLDWIDE INC /EUR/ REGD 1.37500000                              | CUSIP: U2R132AB0<br>LEI: YG3575C4DSHJPA5KET68 | Long             | DBT              | CORP              | US        |    568000 | PA      | $658275.85    | 0.09%             | 2026-05-22      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| ENOVA INTERNAT 9.125% 08/01/29 | ENOVA INTERNATIONAL INC REGD 144A P/P 9.12500000                         | CUSIP: 29357KAK9<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |    450000 | PA      | $474507.00    | 0.07%             | 2029-08-01      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| SMAVA GMBH V/R 05/22/29/EUR/   | SMAVA GMB /EUR/ REGD V/R REG S 9.03400000                                | CUSIP: D6995ZAA0<br>LEI: 391200AMJZMMPWQ6SA29 | Long             | DBT              | CORP              | DE        |    443000 | PA      | $528653.61    | 0.07%             | 2029-05-22      | Variable      | 9.03%                 | No            |                  2 | On Loan: No      |
| GCI LIBERTY INC-CL A           | GCI LIBERTY INC-CL A 0.00000000                                          | CUSIP: 36164V602<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110024 | NS      | $4107195.92   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO CONTINENT 2.75% 12/10/25 | BANCO CONTINENTAL S.A.E. REGD REG S 2.75000000                           | CUSIP: P09110AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | PY        |   1500000 | PA      | $1488750.00   | 0.21%             | 2025-12-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS I 10.25% 01/15/29 | AMC NETWORKS INC REGD 144A P/P 10.25000000                               | CUSIP: 00164VAG8<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    350000 | PA      | $364315.00    | 0.05%             | 2029-01-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO 3% 12/15/32 | KINGDOM OF MOROCCO REGD REG S 3.00000000                                 | CUSIP: V5311VAJ9<br>LEI: N/A                  | Long             | DBT              | USGA              | MA        |    500000 | PA      | $431238.19    | 0.06%             | 2032-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GO NORTH GROUP AB 0% 12/31/49  | GO NORTH GROUP AB ZCP REGD 0.00000000                                    | CUSIP: W3578FAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | SE        |    105617 | PA      | $0.00         | 0.00%             | 2049-12-31      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CARVANA CO 9% 06/01/31         | CARVANA CO REGD 144A P/P 9.00000000                                      | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |   1765500 | PA      | $2003115.13   | 0.28%             | 2031-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| TAVIA ACQUISITION CORP         | TAVIA ACQUISITION CORP 0.00000000                                        | CUSIP: G86880104<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    349999 | NS      | $3603239.71   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DOTDASH MEREDI 7.625% 06/15/32 | DOTDASH MEREDITH INC REGD 144A P/P 7.62500000                            | CUSIP: 25849JAA8<br>LEI: 549300R2AA7U9CJUQO13 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48985.09     | 0.01%             | 2032-06-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| PERUSAHAAN LIS 4.125% 05/15/27 | PERUSAHAAN LISTRIK NEGAR REGD REG S EMTN 4.12500000                      | CUSIP: 71568QAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | ID        |   1100000 | PA      | $1095898.76   | 0.15%             | 2027-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| TERMOCANDELARIA 7.75% 09/17/31 | TERMOCANDELARIA POWER REGD 144A P/P 7.75000000                           | CUSIP: 88087AAA6<br>LEI: 549300YDORW43JL6G659 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $206006.33    | 0.03%             | 2031-09-17      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| TRIMAS CORP 4.125% 04/15/29    | TRIMAS CORP REGD 144A P/P 4.12500000                                     | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48116.35     | 0.01%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MINERAL RESOURC 9.25% 10/01/28 | MINERAL RESOURCES LTD REGD 144A P/P 9.25000000                           | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    150000 | PA      | $156812.55    | 0.02%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| ADTALEM GLOBAL E 5.5% 03/01/28 | ADTALEM GLOBAL EDUCATION REGD 144A P/P 5.50000000                        | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1145173.11   | 0.16%             | 2028-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TOTAL PLAY TE 11.125% 12/31/32 | TOTAL PLAY TELECOM REGD P/P 11.12500000                                  | CUSIP: 89157PAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1300000 | PA      | $1266306.80   | 0.18%             | 2032-12-31      | Fixed         | 11.12%                | Yes           |                  2 | On Loan: No      |
| BPRL INTERNATI 4.375% 01/18/27 | BPRL INTERNATIONAL SINGA REGD EMTN 4.37500000                            | CUSIP: Y0963BAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   2500000 | PA      | $2499474.75   | 0.35%             | 2027-01-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CO 4.75% 05/15/29 | IMOLA MERGER CORP REGD 144A P/P 4.75000000                               | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5157000 | PA      | $5027582.51   | 0.71%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| BROOKFIELD RES 4.875% 02/15/30 | BROOKFIELD RESID PROPERT REGD 144A P/P 4.87500000                        | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1793000 | PA      | $1644296.00   | 0.23%             | 2030-02-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| TRAVEL + LEISURE C 6% 04/01/27 | TRAVEL + LEISURE CO REGD 6.00000000                                      | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    500000 | PA      | $506542.35    | 0.07%             | 2027-04-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| NEO BIDCO AB V/R 07/11/28/SEK/ | NEO BIDCO AB /SEK/ REGD V/R REG S MTN SER DMTN 7.64300000                | CUSIP: W5696ZAA3<br>LEI: 6367006K4VQQGJD8Q028 | Long             | DBT              | CORP              | SE        |   7500000 | PA      | $802493.07    | 0.11%             | 2028-07-11      | Variable      | 7.64%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOR 2.375% 12/15/27 | KINGDOM OF MOROCCO REGD REG S 2.37500000                                 | CUSIP: V5311VAG5<br>LEI: N/A                  | Long             | DBT              | USGA              | MA        |    800000 | PA      | $761600.90    | 0.11%             | 2027-12-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| GENERAL MILLS I 4.95% 03/29/33 | GENERAL MILLS INC REGD 4.95000000                                        | CUSIP: 370334CT9<br>LEI: 2TGYMUGI08PO8X8L6150 | Short            | DBT              | CORP              | US        |   -304000 | PA      | $-306060.96   | -0.04%            | 2033-03-29      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| PRUMO PARTICIPAC 7.5% 12/31/31 | PRUMO PARTICIPACOES E IN REGD REG S 7.50000000                           | CUSIP: P7922DAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   3039448 | PA      | $3085039.72   | 0.43%             | 2031-12-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ZIFF DAVIS INC 4.625% 10/15/30 | ZIFF DAVIS INC REGD 144A P/P 4.62500000                                  | CUSIP: 48123VAF9<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |   5959000 | PA      | $5616952.80   | 0.79%             | 2030-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| GNL QUINTERO S 4.634% 07/31/29 | GNL QUINTERO SA REGD 4.63400000                                          | CUSIP: P4909LAA8<br>LEI: 549300JJJIQXE6E1QY27 | Long             | DBT              | CORP              | CL        |   1741960 | PA      | $1739103.19   | 0.24%             | 2029-07-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CA 8.375% 06/15/32 | AVIS BUDGET CAR/FINANCE REGD 144A P/P 8.37500000                         | CUSIP: 053773BK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1565667.00   | 0.22%             | 2032-06-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| APTIV SWISS HOLDI V/R 12/15/54 | APTIV SWISS HOLDINGS LTD REGD V/R 6.87500000                             | CUSIP: 03837AAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |   1100000 | PA      | $1111778.87   | 0.16%             | 2054-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| ENOVA INTERNAT 11.25% 12/15/28 | ENOVA INTERNATIONAL INC REGD 144A P/P 11.25000000                        | CUSIP: 29357KAH6<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1385855.90   | 0.19%             | 2028-12-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| NASSAU COMPANI 7.875% 07/15/30 | NASSAU COMPANIES OF NY REGD 144A P/P 7.87500000                          | CUSIP: 63155AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    241000 | PA      | $244623.92    | 0.03%             | 2030-07-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| MANITOWOC COMPA 9.25% 10/01/31 | MANITOWOC COMPANY INC REGD 144A P/P 9.25000000                           | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |    250000 | PA      | $263128.02    | 0.04%             | 2031-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST O 8.375% 01/15/31 | XPLR INFRAST OPERATING REGD 144A P/P 8.37500000                          | CUSIP: 98380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $52286.65     | 0.01%             | 2031-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| EXCELERATE ENERGY  8% 05/15/30 | EXCELERATE ENERGY LP REGD 144A P/P 8.00000000                            | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |    250000 | PA      | $266221.75    | 0.04%             | 2030-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER  3.692% 06/05/28/GBP/ | MPT OPER PARTNERSP/FINL /GBP/ REGD 3.69200000                            | CUSIP: 55342UAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3990000 | PA      | $4305813.48   | 0.61%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| WT PUR COM WT EX 31/12/2049    | WT PUR COM EXP TRANCHE A  WARRANTS EXP 12/31/2049 0.00000000             | CUSIP: G5924V114<br>LEI: N/A                  | N/A              | DE               | CORP              | BM        |    502803 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| GETTY IMAGES IN 9.75% 03/01/27 | GETTY IMAGES INC REGD 144A P/P 9.75000000                                | CUSIP: 374276AJ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3753000 | PA      | $3491828.73   | 0.49%             | 2027-03-01      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST O 8.625% 03/15/33 | XPLR INFRAST OPERATING REGD 144A P/P 8.62500000                          | CUSIP: 98380MAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $105463.80    | 0.01%             | 2033-03-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| ADANI TRANS STEP-O 4% 08/03/26 | ADANI TRANS STEP-ONE LTD REGD REG S 4.00000000                           | CUSIP: Y0R15UCU2<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |   1000000 | PA      | $988357.50    | 0.14%             | 2026-08-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/O 4.125% 04/30/28 | ORGANON & CO/ORGANON FOR REGD 144A P/P 4.12500000                        | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $191529.20    | 0.03%             | 2028-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV FINANC 8.875% 02/01/30 | DIRECTV FINANCING LLC REGD 144A P/P 8.87500000                           | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $446713.58    | 0.06%             | 2030-02-01      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| PAGAYA US HOLD 8.875% 08/01/30 | PAGAYA US HOLDINGS CO REGD 144A P/P 8.87500000                           | CUSIP: 69549FAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1704373.90   | 0.24%             | 2030-08-01      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| MONG DUONG FIN 5.125% 05/07/29 | MONG DUONG FIN HLDGS BV REGD 5.12500000                                  | CUSIP: N6000DAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | VN        |   1863402 | PA      | $1840359.18   | 0.26%             | 2029-05-07      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| RELIANCE INDUS 3.667% 11/30/27 | RELIANCE INDUSTRIES LTD REGD REG S 3.66700000                            | CUSIP: Y72570AN7<br>LEI: 5493003UOETFYRONLG31 | Long             | DBT              | CORP              | IN        |    750000 | PA      | $741126.63    | 0.10%             | 2027-11-30      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| INTERCORP FIN  4.125% 10/19/27 | INTERCORP FIN SER INC REGD REG S 4.12500000                              | CUSIP: P5626FAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |   1300000 | PA      | $1282377.17   | 0.18%             | 2027-10-19      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| RUTAS 2 & 7 FINAN ZCP 09/30/36 | RUTAS 2 & 7 FINANCE LTD REGD ZCP REG S 0.00000000                        | CUSIP: G77265AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2014800 | PA      | $1498003.55   | 0.21%             | 2036-09-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MEXICO GENERADOR 5.5% 12/06/32 | MEXICO GENERADORA DE ENE REGD 5.50000000                                 | CUSIP: P66208AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   3236681 | PA      | $3258004.25   | 0.46%             | 2032-12-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MOBICO GR 4.875% 09/26/31/EUR/ | MOBICO GROUP PLC /EUR/ REGD REG S EMTN 4.87500000                        | CUSIP: G6374MAH2<br>LEI: 213800A8IQEMY8PA5X34 | Long             | DBT              | CORP              | GB        |    401000 | PA      | $403904.35    | 0.06%             | 2031-09-26      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC F V/R 10/15/54 | GLOBAL ATLANTIC FIN CO REGD V/R 144A P/P 7.95000000                      | CUSIP: 37959GAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $263074.00    | 0.04%             | 2054-10-15      | Variable      | 7.95%                 | Yes           |                  2 | On Loan: No      |
| BELLIS AC 8.125% 05/14/30/GBP/ | BELLIS ACQUISITION CO PL /GBP/ REGD REG S 8.12500000                     | CUSIP: G30074BA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   5331000 | PA      | $6924340.83   | 0.97%             | 2030-05-14      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO  5.125% 02/28/30 | ZIGGO BOND CO BV REGD 144A P/P 5.12500000                                | CUSIP: 98953GAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   1150000 | PA      | $1015038.76   | 0.14%             | 2030-02-28      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| US T BILL ZCP 09/16/25         | UNITED STATES TREASURY BILL ZCP 0.00000000                               | CUSIP: 912797QU4<br>LEI: N/A                  | Long             | STIV             | UST               | US        |  12000000 | PA      | $11978725.00  | 1.68%             | 2025-09-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC 7.75% 09/15/30     | WAYFAIR LLC REGD 144A P/P 7.75000000                                     | CUSIP: 94419NAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1188127.10   | 0.17%             | 2030-09-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ROCKIES EXPRES 6.875% 04/15/40 | ROCKIES EXPRESS PIPELINE REGD P/P 6.87500000                             | CUSIP: 77340RAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1459844.05   | 0.21%             | 2040-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| TEGNA INC 4.625% 03/15/28      | TEGNA INC REGD 4.62500000                                                | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    550000 | PA      | $545441.77    | 0.08%             | 2028-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| GENWORTH HOLDINGS V/R 11/15/36 | GENWORTH HOLDINGS INC REGD V/R 6.47549000                                | CUSIP: 37247DAG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1080000 | PA      | $929611.19    | 0.13%             | 2036-11-15      | Variable      | 6.48%                 | No            |                  2 | On Loan: No      |
| PEPSICO INC 5% 02/07/35        | PEPSICO INC REGD 5.00000000                                              | CUSIP: 713448GC6<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Short            | DBT              | CORP              | US        |  -1519000 | PA      | $-1546051.96  | -0.22%            | 2035-02-07      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP 5.625% 08/01/33   | NAVIENT CORP REGD MTN 5.62500000                                         | CUSIP: 78442FAZ1<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    150000 | PA      | $136962.17    | 0.02%             | 2033-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET CAR 8.25% 01/15/30 | AVIS BUDGET CAR/FINANCE REGD 144A P/P 8.25000000                         | CUSIP: 053773BJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $362294.02    | 0.05%             | 2030-01-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GUA 5.25% 08/10/29 | REPUBLIC OF GUATEMALA REGD REG S 5.25000000                              | CUSIP: P5015VAP1<br>LEI: N/A                  | Long             | DBT              | USGA              | GT        |   1800000 | PA      | $1806300.00   | 0.25%             | 2029-08-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HERENS HOLDCO S 4.75% 05/15/28 | HERENS HOLDCO SARL REGD 144A P/P 4.75000000                              | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $172040.10    | 0.02%             | 2028-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| T/L MAGNITE INC 0% 02/06/31    | T/L MAGNITE INC REGD 0.00000000                                          | CUSIP: 55955NAG3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6034489 | PA      | $6034489.03   | 0.85%             | 2031-02-06      | Variable      | 7.32%                 | No            |                  2 | On Loan: No      |
| T/L MOUNTAINEER 0.00% 10/26/28 | T/L MOUNTAINEER MERGER         CORPORATION 0% 0.00000000                 | CUSIP: 62452QAE5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    238864 | PA      | $119431.79    | 0.02%             | 2028-10-26      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| MEDCO LAUREL TR 6.95% 11/12/28 | MEDCO LAUREL TREE REGD REG S 6.95000000                                  | CUSIP: Y59500AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    800000 | PA      | $806194.26    | 0.11%             | 2028-11-12      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/D 8.625% 08/01/32 | DIG INTL FIN/DIFL US LLC REGD 144A P/P 8.62500000                        | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JM        |   1150000 | PA      | $1178839.70   | 0.17%             | 2032-08-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| MPT OPER PART 7% 02/15/32/EUR/ | MPT OPER PARTNERSP/FINL /EUR/ REGD 144A P/P 7.00000000                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   1622000 | PA      | $1964960.75   | 0.28%             | 2032-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| T/L BOOTS GR 0% 07/22/32 /GBP/ | T/L BOOTS GROUP BIDCO          LIMITED THE REGD /GBP/ 0.00000000         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GB        |    304000 | PA      | $412875.08    | 0.06%             | 2032-07-22      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA -S 7.5% 12/15/28 | AI CANDELARIA -SPAIN- SA REGD REG S 7.50000000                           | CUSIP: E0R75QAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |   1494996 | PA      | $1505280.06   | 0.21%             | 2028-12-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRIS 6.25% 05/15/26 | ICAHN ENTERPRISES/FIN REGD SER WI 6.25000000                             | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2569000 | PA      | $2564738.03   | 0.36%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| T/L SOLARIS ENERGY 0% 09/11/29 | T/L SOLARIS ENERGY             INFRASTRUCTURE LLC REGD 0.00000000        | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3224000 | PA      | $3280420.00   | 0.46%             | 2029-09-11      | Variable      | 10.30%                | No            |                  3 | On Loan: No      |
| OVERSEA-CHINESE B V/R 06/15/32 | OVERSEA-CHINESE BANKING REGD V/R REG S 4.60200000                        | CUSIP: Y65738T58<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |   1700000 | PA      | $1705508.22   | 0.24%             | 2032-06-15      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| GENWORTH HOLDING 6.5% 06/15/34 | GENWORTH HOLDINGS INC REGD 6.50000000                                    | CUSIP: 37247DAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    911000 | PA      | $930495.40    | 0.13%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PARADIGM PRNT/C 8.75% 04/17/32 | PARADIGM PRNT/CO-ISSUER REGD 144A P/P 8.75000000                         | CUSIP: 69902PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2498000 | PA      | $2386164.54   | 0.34%             | 2032-04-17      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| TRINSEO LUX/TR 7.625% 05/03/29 | TRINSEO LUX/TRINSEO NA REGD 144A P/P 7.62500000                          | CUSIP: 89668JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    214826 | PA      | $75189.10     | 0.01%             | 2029-05-03      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| C/O ISHARES IBOXX  SEP 80.000  | CALL OPTION ON 100SHS          ISHARES IBOXX   HI SEP 80.000 0.00000000  | CUSIP: 3IT99PV59<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -148 | NC      | $-12728.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN  5.5% 08/31/26 | ROYAL CARIBBEAN CRUISES REGD 144A P/P 5.50000000                         | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50199.40     | 0.01%             | 2026-08-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| AMNEAL PHARMAC 6.875% 08/01/32 | AMNEAL PHARMACEUTICALS L REGD 144A P/P 6.87500000                        | CUSIP: 03168LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $102891.52    | 0.01%             | 2032-08-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| RAKUTEN GROUP  11.25% 02/15/27 | RAKUTEN GROUP INC REGD 144A P/P 11.25000000                              | CUSIP: 75102WAG3<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   1150000 | PA      | $1243431.83   | 0.17%             | 2027-02-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| OHI GROUP SA 13% 07/22/29      | OHI GROUP SA REGD REG S 13.00000000                                      | CUSIP: L7S61MAB5<br>LEI: 529900GW2J8DSYJHEH26 | Long             | DBT              | CORP              | LU        |   1366100 | PA      | $1448749.05   | 0.20%             | 2029-07-22      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| DBS GROUP HOLDING V/R 03/10/31 | DBS GROUP HOLDINGS LTD REGD V/R EMTN SER GMTN 1.82200000                 | CUSIP: Y20246J57<br>LEI: 5493007FKT78NKPM5V55 | Long             | DBT              | CORP              | SG        |   2900000 | PA      | $2859968.34   | 0.40%             | 2031-03-10      | Variable      | 1.82%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE 6.375% 07/01/34 | HA SUSTAINABLE INF CAP REGD SER WI 6.37500000                            | CUSIP: 41068XAF7<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49566.64     | 0.01%             | 2034-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SP CRUISES INTE 11.5% 03/14/30 | SP CRUISES INTERMEDIATE REGD 11.50000000                                 | CUSIP: G830GXAA1<br>LEI: 2549001UGAS65A7Y0678 | Long             | DBT              | CORP              | BM        |    875000 | PA      | $830416.19    | 0.12%             | 2030-03-14      | Fixed         | 11.50%                | Yes           |                  2 | On Loan: No      |
| RESORTS WORLD/R 8.45% 07/27/30 | RESORTS WORLD/RWLV CAP REGD 144A P/P 8.45000000                          | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1206527.09   | 0.17%             | 2030-07-27      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| EQUATE PETROCHE 4.25% 11/03/26 | EQUATE PETROCHEMICAL CO REGD EMTN 4.25000000                             | CUSIP: N30420AA6<br>LEI: 635400J73BDO4TTGXD45 | Long             | DBT              | CORP              | KW        |    300000 | PA      | $298521.60    | 0.04%             | 2026-11-03      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TTM TECHNOLOGIES I 4% 03/01/29 | TTM TECHNOLOGIES INC REGD 144A P/P 4.00000000                            | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    350000 | PA      | $334826.91    | 0.05%             | 2029-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LV FRIENDLY  V/R 05/22/43/GBP/ | LV FRIENDLY SOC LTD /GBP/ REGD V/R REG S 9.44000000                      | CUSIP: G5S41PAA5<br>LEI: 213800RSZOU8QUI2OH34 | Long             | DBT              | CORP              | GB        |    187000 | PA      | $260329.64    | 0.04%             | 2043-05-22      | Variable      | 9.44%                 | No            |                  2 | On Loan: No      |
| UNISYS CORP 10.625% 01/15/31   | UNISYS CORP REGD 144A P/P 10.62500000                                    | CUSIP: 909214BX5<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |    942000 | PA      | $980773.66    | 0.14%             | 2031-01-15      | Fixed         | 10.62%                | Yes           |                  2 | On Loan: No      |
| CERDIA FINANZ  9.375% 10/03/31 | CERDIA FINANZ GMBH REGD 144A P/P 9.37500000                              | CUSIP: 15679GAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |   1800000 | PA      | $1904904.00   | 0.27%             | 2031-10-03      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| SPRINT LLC 7.625% 03/01/26     | SPRINT LLC REGD 7.62500000                                               | CUSIP: 85207UAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4747000 | PA      | $4770604.46   | 0.67%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL C 6.25% 03/25/29 | MILLICOM INTL CELLULAR REGD REG S 6.25000000                             | CUSIP: L6388GHV5<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    270000 | PA      | $270618.57    | 0.04%             | 2029-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BANCO INDUSTRIAL  V/R 01/29/31 | BANCO INDUSTRIAL SA REGD V/R REG S 4.87500000                            | CUSIP: P13458AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | GT        |   2267000 | PA      | $2249997.50   | 0.32%             | 2031-01-29      | Variable      | 4.88%                 | No            |                  2 | On Loan: No      |
| SUMMIT MIDSTRE 8.625% 10/31/29 | SUMMIT MIDSTREAM HOLDING REGD 144A P/P 8.62500000                        | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4518000 | PA      | $4505311.65   | 0.63%             | 2029-10-31      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| YINSON PRODUCT 9.625% 05/03/29 | YINSON PRODUCTION FINANC REGD 9.62500000                                 | CUSIP: Y98308AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    895445 | PA      | $940853.40    | 0.13%             | 2029-05-03      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| EMPRESA ELECTR 4.875% 05/25/29 | EMPRESA ELECTRICA ANGAMO REGD 4.87500000                                 | CUSIP: P3713QAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    243250 | PA      | $219502.38    | 0.03%             | 2029-05-25      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA S 9.625% 12/01/32 | SEAGATE DATA STOR REGD 144A P/P 9.62500000                               | CUSIP: 81180LAR6<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    200000 | PA      | $227065.35    | 0.03%             | 2032-12-01      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| KINETIK HOLDIN 6.625% 12/15/28 | KINETIK HOLDINGS LP REGD 144A P/P 6.62500000                             | CUSIP: 49461MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1800429.75   | 0.25%             | 2028-12-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| BANCA TRANSI V/R 04/27/27/EUR/ | BANCA TRANSILVANIA /EUR/ REGD V/R REG S EMTN 8.87500000                  | CUSIP: X0308QAC9<br>LEI: 549300RG3H390KEL8896 | Long             | DBT              | CORP              | RO        |    158000 | PA      | $191039.93    | 0.03%             | 2027-04-27      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| P/O EURONET WORLDW SEP 95.000  | PUT OPTION ON 100SHS           EURONET WORLDWIDE  SEP 95.000 0.00000000  | CUSIP: 3IK99MA90<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -59 | NC      | $-29500.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| KODIAK GAS SERV 7.25% 02/15/29 | KODIAK GAS SERVICES LLC REGD 144A P/P 7.25000000                         | CUSIP: 50012LAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1137796.00   | 0.16%             | 2029-02-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| T/L TRULITE HOLDIN 0% 03/01/30 | T/L TRULITE HOLDING CORP 0% 0.00000000                                   | CUSIP: 89789MAB7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1666713 | PA      | $1641712.08   | 0.23%             | 2030-03-01      | Variable      | 10.29%                | No            |                  2 | On Loan: No      |
| BANCO DE CREDITO  V/R 09/30/31 | BANCO DE CREDITO DEL PER REGD V/R EMTN 3.25000000                        | CUSIP: 05971V2D6<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |   3200000 | PA      | $3130914.24   | 0.44%             | 2031-09-30      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| SATURN OIL & G 9.625% 06/15/29 | SATURN OIL & GAS INC REGD 144A P/P 9.62500000                            | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $306276.00    | 0.04%             | 2029-06-15      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| CANACOL ENERGY  5.75% 11/24/28 | CANACOL ENERGY LTD REGD REG S 5.75000000                                 | CUSIP: U13518AC6<br>LEI: 549300X5MNRWPMSM9N14 | Long             | DBT              | CORP              | CA        |   3800000 | PA      | $1448750.00   | 0.20%             | 2028-11-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC 9.5% 12/15/31    | COMMSCOPE LLC REGD 144A P/P 9.50000000                                   | CUSIP: 20338MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1499578.40   | 0.21%             | 2031-12-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| NORDSTROM INC 4.375% 04/01/30  | NORDSTROM INC REGD 4.37500000                                            | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46046.67     | 0.01%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN 10% 10/15/30          | VIRIDIEN REGD 144A P/P 10.00000000                                       | CUSIP: 12531QAA3<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |    426000 | PA      | $425714.64    | 0.06%             | 2030-10-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| AI CANDELARIA - 5.75% 06/15/33 | AI CANDELARIA -SPAIN- SA REGD REG S 5.75000000                           | CUSIP: E0R75RAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |   3050000 | PA      | $2674850.00   | 0.38%             | 2033-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JERROLD FIN 7.5% 06/15/31/GBP/ | JERROLD FINCO PLC /GBP/ REGD 144A P/P 7.50000000                         | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | GB        |   1095000 | PA      | $1523694.63   | 0.21%             | 2031-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| T/L TEGRA118 WEAL ZCP 02/18/27 | T/L TEGRA118 WEALTH SOLUTION REGD ZCP TERM LOAN 0.00000000               | CUSIP: 33774UAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5719790 | PA      | $5648292.49   | 0.79%             | 2027-02-18      | Variable      | 8.20%                 | No            |                  2 | On Loan: No      |
| GEMMACERT LTD WRT 05/19/26     | GEMMACERT LTD WARRANT EXPIRES  05/19/26 0.00000000                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | IL        |     41956 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| DELEK LOG PART 7.375% 06/30/33 | DELEK LOG PART/FINANCE REGD 144A P/P 7.37500000                          | CUSIP: 24665FAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    550000 | PA      | $550356.95    | 0.08%             | 2033-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BOOTS GRO 7.375% 08/31/32/GBP/ | BOOTS GROUP FINCO LP /GBP/ REGD 144A P/P SER 144* 7.37500000             | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |    205000 | PA      | $282769.12    | 0.04%             | 2032-08-31      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| VIVION INVE 8% 08/31/28/EUR/   | VIVION INVESTMENTS /EUR/ REGD REG S EMTN 8.00000000                      | CUSIP: L9673UAF4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |   4965980 | PA      | $5745585.16   | 0.81%             | 2028-08-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| T/L MOUNTAINEER 0.00% 10/26/28 | T/L MOUNTAINEER MERGER         CORPORATION 0.00000000                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3511614 | PA      | $0.00         | 0.00%             | 2028-10-26      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| ONGC VIDESH VAN 3.75% 07/27/26 | ONGC VIDESH VANKORNEFT REGD REG S 3.75000000                             | CUSIP: Y6478NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   2800000 | PA      | $2783992.82   | 0.39%             | 2026-07-27      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP I 9.75% 04/15/29 | RAKUTEN GROUP INC REGD 144A P/P 9.75000000                               | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    300000 | PA      | $333282.98    | 0.05%             | 2029-04-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| EASTERN EUR 6.5% 05/15/30/EUR/ | EASTERN EUROPEAN ELECT /EUR/ REGD 144A P/P 6.50000000                    | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | NL        |    993000 | PA      | $1211813.98   | 0.17%             | 2030-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WHIRLPOOL CORP 5.5% 03/01/33   | WHIRLPOOL CORP REGD 5.50000000                                           | CUSIP: 963320BA3<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1686348.79   | 0.24%             | 2033-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIAVI SOLUTIONS 3.75% 10/01/29 | VIAVI SOLUTIONS INC REGD 144A P/P 3.75000000                             | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |     50000 | PA      | $46592.98     | 0.01%             | 2029-10-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| TRULIEVE CANNABIS  8% 10/06/26 | TRULIEVE CANNABIS CORP REGD 8.00000000                                   | CUSIP: 89788CAD6<br>LEI: 549300122MBOJDGEZ014 | Long             | DBT              | CORP              | US        |   3595000 | PA      | $3550062.50   | 0.50%             | 2026-10-06      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER L 3.75% 03/15/29 | CHARLES RIVER LABORATORI REGD 144A P/P 3.75000000                        | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    350000 | PA      | $331814.49    | 0.05%             | 2029-03-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| GO NORTH GRO 15% 02/02/28/SEK/ | GO NORTH GROUP AB /SEK/ REGD EMTN 15.00000000                            | CUSIP: W3578FAH0<br>LEI: 636700UB68QRCB53V204 | Long             | DBT              | CORP              | SE        |   3383448 | PA      | $0.00         | 0.00%             | 2028-02-02      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| CCO HLDGS LLC/ 5.125% 05/01/27 | CCO HLDGS LLC/CAP CORP REGD 144A P/P 5.12500000                          | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49748.02     | 0.01%             | 2027-05-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| GTC AURORA 2.25% 06/23/26/EUR/ | GTC AURORA LUXEM /EUR/ REGD REG S 2.25000000                             | CUSIP: L45109AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   2711000 | PA      | $2901695.33   | 0.41%             | 2026-06-23      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| T/L CHARTER COMMU 0% 12/15/31  | T/L CHARTER COMMUNICATIONS     OPERATING LLC REGD 0.00000000             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   3272555 | PA      | $3275009.42   | 0.46%             | 2031-12-15      | Variable      | 6.54%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CE 4.5% 04/27/31 | MILLICOM INTL CELLULAR REGD REG S 4.50000000                             | CUSIP: L6388GHX1<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $186366.66    | 0.03%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NUSTAR LOGISTI 5.625% 04/28/27 | NUSTAR LOGISTICS LP REGD 5.62500000                                      | CUSIP: 67059TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $100534.60    | 0.01%             | 2027-04-28      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ESAB CORP 6.25% 04/15/29       | ESAB CORP REGD 144A P/P 6.25000000                                       | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |    200000 | PA      | $205642.80    | 0.03%             | 2029-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| T/L CONTAINER   0.00% 07/30/29 | T/L CONTAINER STORE INC THE 0.00000000                                   | CUSIP: 21075BAT8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1674685 | PA      | $837342.60    | 0.12%             | 2029-07-30      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| ALLIANCE RES O 8.625% 06/15/29 | ALLIANCE RES OP/FINANCE REGD 144A P/P 8.62500000                         | CUSIP: 01879NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1532322.30   | 0.22%             | 2029-06-15      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| PEDIATRIX MEDI 5.375% 02/15/30 | PEDIATRIX MEDICAL GROUP REGD 144A P/P 5.37500000                         | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148383.65    | 0.02%             | 2030-02-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| INTEROCEANICA 0% 11/30/25      | INTEROCEANICA IV FINANCE      SERIES REGS REGD ZCP 0.00000000            | CUSIP: P52715AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     19023 | PA      | $18735.82     | 0.00%             | 2025-11-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| JANE STREET GR 6.125% 11/01/32 | JANE STREET GRP/JSG FIN REGD 144A P/P 6.12500000                         | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3297000 | PA      | $3312238.73   | 0.47%             | 2032-11-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| P/O ZIFF DAVIS  IN DEC 30.000  | PUT OPTION ON 100SHS           ZIFF DAVIS  INC    DEC 30.000 0.00000000  | CUSIP: 0IM99RL72<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -103 | NC      | $-19055.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BIOCEANICO SOVERE ZCP 06/05/34 | BIOCEANICO SOVEREIGN REGD ZCP REG S 0.00000000                           | CUSIP: G11176AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   4920538 | PA      | $3951191.87   | 0.56%             | 2034-06-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DNO ASA S/UP 06/17/85          | DNO ASA REGD S/UP SER 1235 10.75000000                                   | CUSIP: R1R74YAD8<br>LEI: 5967007LIEEXZXH3K072 | Long             | DBT              | CORP              | NO        |   1800000 | PA      | $1829197.15   | 0.26%             | 2085-06-17      | Variable      | 10.75%                | No            |                  2 | On Loan: No      |
| HLF FIN SARL L 4.875% 06/01/29 | HLF FIN SARL LLC/HERBALI REGD 144A P/P 4.87500000                        | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $43779.04     | 0.01%             | 2029-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CZECHOSLOVAK GRO 6.5% 01/10/31 | CZECHOSLOVAK GROUP REGD 144A P/P 6.50000000                              | CUSIP: N/A<br>LEI: 315700SWFD7G70AVG768       | Long             | DBT              | CORP              | CZ        |   1720000 | PA      | $1761433.37   | 0.25%             | 2031-01-10      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| PRA GROUP INC 8.875% 01/31/30  | PRA GROUP INC REGD 144A P/P 8.87500000                                   | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   1536000 | PA      | $1613349.47   | 0.23%             | 2030-01-31      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT AEROSYS 9.375% 11/30/29 | SPIRIT AEROSYSTEMS INC REGD 144A P/P 9.37500000                          | CUSIP: 85205TAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $52880.90     | 0.01%             | 2029-11-30      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| LADDER CAP FIN  4.25% 02/01/27 | LADDER CAP FIN LLLP/CORP REGD 144A P/P 4.25000000                        | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98361.24     | 0.01%             | 2027-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| VIKING BAKED G 8.625% 11/01/31 | VIKING BAKED GOODS ACQUI REGD 144A P/P 8.62500000                        | CUSIP: 92676AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3576000 | PA      | $3541598.52   | 0.50%             | 2031-11-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| SEAGATE DATA S 4.091% 06/01/29 | SEAGATE DATA STOR REGD 144A P/P 4.09100000                               | CUSIP: 81180LAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |     50000 | PA      | $47459.49     | 0.01%             | 2029-06-01      | Fixed         | 4.09%                 | Yes           |                  2 | On Loan: No      |
| CODELCO INC 3% 09/30/29        | CODELCO INC REGD REG S 3.00000000                                        | CUSIP: P3143NBE3<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    300000 | PA      | $281015.32    | 0.04%             | 2029-09-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANC 5.375% 11/15/29 | ONEMAIN FINANCE CORP REGD 5.37500000                                     | CUSIP: 85172FAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $148314.90    | 0.02%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HO/ 11.5% 08/15/29 | GLOBAL AUTO HO/AAG FH UK REGD 144A P/P 11.50000000                       | CUSIP: 00033YAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1900000 | PA      | $1883523.47   | 0.26%             | 2029-08-15      | Fixed         | 11.50%                | Yes           |                  2 | On Loan: No      |
| HLF FIN SARL L 12.25% 04/15/29 | HLF FIN SARL LLC/HERBALI REGD 144A P/P 12.25000000                       | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1627543.50   | 0.23%             | 2029-04-15      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST OP 7.25% 01/15/29 | XPLR INFRAST OPERATING REGD 144A P/P 7.25000000                          | CUSIP: 65342QAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $868134.75    | 0.12%             | 2029-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| GRAY MEDIA INC 7.25% 08/15/33  | GRAY MEDIA INC REGD 144A P/P 7.25000000                                  | CUSIP: 389375AP1<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    550000 | PA      | $541840.53    | 0.08%             | 2033-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| WHIRLPOOL CORP 5.75% 03/01/34  | WHIRLPOOL CORP REGD 5.75000000                                           | CUSIP: 963320BC9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96985.38     | 0.01%             | 2034-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLUTTER TREASU 5.875% 06/04/31 | FLUTTER TREASURY DAC REGD 144A P/P 5.87500000                            | CUSIP: 344045AB5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1609000 | PA      | $1638299.89   | 0.23%             | 2031-06-04      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| COMISION FEDERA 6.45% 01/24/35 | COMISION FEDERAL DE ELEC REGD 144A P/P 6.45000000                        | CUSIP: 200447AP5<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1200000 | PA      | $1208224.80   | 0.17%             | 2035-01-24      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| Federated Investors, Inc.      | Federated Government Obligations Fund                                    | CUSIP: 608919718<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | STIV             | RF                | US        |   3632631 | OU      | $3632631.40   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERFLEX LTD 9% 10/15/27       | ENERFLEX LTD REGD 144A P/P 9.00000000                                    | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |   1114000 | PA      | $1143450.82   | 0.16%             | 2027-10-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF GUAT 4.5% 05/03/26 | REPUBLIC OF GUATEMALA REGD REG S 4.50000000                              | CUSIP: P5015VAF3<br>LEI: N/A                  | Long             | DBT              | USGA              | GT        |    300000 | PA      | $298200.00    | 0.04%             | 2026-05-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                            | EUR/USD FWD 20250911 000000010 USD                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-279362.78   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| LABORATOIRE E 5% 02/01/29/EUR/ | LABORATOIRE EIMER SELAS /EUR/ REGD REG S 5.00000000                      | CUSIP: F5540NAA7<br>LEI: 969500DCZL54LLTFEM37 | Long             | DBT              | CORP              | FR        |    393000 | PA      | $389890.38    | 0.05%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| C/O EURONET WORLDW SEP 100.000 | CALL OPTION ON 100SHS          EURONET WORLDWIDE  SEP 100.000 0.00000000 | CUSIP: 3IK99LA84<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       -59 | NC      | $-3068.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| T/L MOUNTAINEER 0.00% 06/14/30 | T/L MOUNTAINEER MERGER         CORPORATION 0.00000000                    | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    146824 | PA      | $146823.89    | 0.02%             | 2030-06-14      | Variable      | 12.32%                | No            |                  3 | On Loan: No      |
| JERROLD F 7.875% 04/15/30/GBP/ | JERROLD FINCO PLC /GBP/ REGD REG S 7.87500000                            | CUSIP: G5084TAK3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   2600000 | PA      | $3656321.99   | 0.51%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHCA 6.25% 01/15/33 | MOLINA HEALTHCARE INC REGD 144A P/P 6.25000000                           | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50355.60     | 0.01%             | 2033-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| HECLA MINING CO 7.25% 02/15/28 | HECLA MINING CO REGD 7.25000000                                          | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |     89000 | PA      | $89883.95     | 0.01%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP  5% 02/01/28 | CCO HLDGS LLC/CAP CORP REGD 144A P/P 5.00000000                          | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $347149.43    | 0.05%             | 2028-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SCOTIABANK PERU S V/R 10/01/35 | SCOTIABANK PERU SA REGD V/R 144A P/P 6.10000000                          | CUSIP: 80928HAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    500000 | PA      | $515750.00    | 0.07%             | 2035-10-01      | Variable      | 6.10%                 | Yes           |                  2 | On Loan: No      |
| ARCHER NORGE AS 9.5% 02/25/30  | ARCHER NORGE AS REGD 9.50000000                                          | CUSIP: R03056AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | NO        |    875000 | PA      | $925385.87    | 0.13%             | 2030-02-25      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| GRUPO AEROMEXIC 8.25% 11/15/29 | GRUPO AEROMEXICO SA REGD REG S 8.25000000                                | CUSIP: P4955JAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1820000 | PA      | $1799410.34   | 0.25%             | 2029-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| UNITED OVERSEAS B V/R 10/14/31 | UNITED OVERSEAS BANK LTD REGD V/R REG S EMTN 2.00000000                  | CUSIP: 91127LAE0<br>LEI: IO66REGK3RCBAMA8HR66 | Long             | DBT              | CORP              | SG        |   1800000 | PA      | $1753036.60   | 0.25%             | 2031-10-14      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| MOLINA HEALTHC 4.375% 06/15/28 | MOLINA HEALTHCARE INC REGD 144A P/P 4.37500000                           | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    600000 | PA      | $584771.46    | 0.08%             | 2028-06-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| TELFON CELUAR  5.875% 04/15/27 | TELFON CELUAR DEL PARAGU REGD REG S 5.87500000                           | CUSIP: P90475AB3<br>LEI: N/A                  | Long             | DBT              | CORP              | PY        |    200000 | PA      | $199100.00    | 0.03%             | 2027-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KNIFE RIVER COR 7.75% 05/01/31 | KNIFE RIVER CORP REGD 144A P/P 7.75000000                                | CUSIP: 498894AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $157321.20    | 0.02%             | 2031-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| FIBER MID 10.75% 06/15/29/EUR/ | FIBER MIDCO SPA /EUR/ REGD REG S 10.75000000                             | CUSIP: T42186AA3<br>LEI: 8156000AFE5C06C4D309 | Long             | DBT              | CORP              | IT        |    900000 | PA      | $925688.29    | 0.13%             | 2029-06-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| EZCORP INC 7.375% 04/01/32     | EZCORP INC REGD 144A P/P 7.37500000                                      | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    618000 | PA      | $651606.84    | 0.09%             | 2032-04-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| FERMACA ENTERP 6.375% 03/30/38 | FERMACA ENTERPRISES S RL REGD 6.37500000                                 | CUSIP: P39198AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1743368 | PA      | $1734651.53   | 0.24%             | 2038-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHA 7.125% 06/15/31/EUR/ | CHEPLAPHARM ARZNEIMITTEL /EUR/ REGD 144A P/P 7.12500000                  | CUSIP: N/A<br>LEI: 529900ONXKBELT7EW052       | Long             | DBT              | CORP              | DE        |    874000 | PA      | $1041702.72   | 0.15%             | 2031-06-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| COMETA ENERGIA 6.375% 04/24/35 | COMETA ENERGIA SA REGD REG S 6.37500000                                  | CUSIP: P29853AA9<br>LEI: 5493007L8UH7TYXKI505 | Long             | DBT              | CORP              | MX        |    909600 | PA      | $943196.08    | 0.13%             | 2035-04-24      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| GRUPO AEROMEXI 8.625% 11/15/31 | GRUPO AEROMEXICO SA REGD REG S 8.62500000                                | CUSIP: P4955JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1717000 | PA      | $1695365.80   | 0.24%             | 2031-11-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| LEAFLY HOLDINGS IN 8% 07/01/25 | LEAFLY HOLDINGS INC REGD 144A CONVERTIBLE 8.00000000                     | CUSIP: 58953MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5978000 | PA      | $5081300.00   | 0.71%             | 2025-09-01      | Fixed         | 8.00%                 | Yes           |                  3 | On Loan: No      |
| NISSAN MOTOR CO 7.5% 07/17/30  | NISSAN MOTOR CO REGD 144A P/P 7.50000000                                 | CUSIP: 654922AB9<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    759000 | PA      | $792997.89    | 0.11%             | 2030-07-17      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VIRIDIEN 8.5% 10/15/30/EUR/    | VIRIDIEN /EUR/ REGD 144A P/P 8.50000000                                  | CUSIP: N/A<br>LEI: 969500FCVQ5SLAAUJV59       | Long             | DBT              | CORP              | FR        |   1491000 | PA      | $1747693.49   | 0.25%             | 2030-10-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| T/L BOOTS GR 0% 07/16/32 /EUR/ | T/L BOOTS GROUP FINCO L P REGD /EUR/ 0.00000000                          | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1215000 | PA      | $1427416.86   | 0.20%             | 2032-07-16      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| OEG FINANC 7.25% 09/27/29/EUR/ | OEG FINANCE PLC /EUR/ REGD REG S 7.25000000                              | CUSIP: G670A8AA2<br>LEI: 254900KMBHWF9UK63G44 | Long             | DBT              | CORP              | GB        |    641000 | PA      | $781271.44    | 0.11%             | 2029-09-27      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PRIORITY 1 IS 12.625% 11/19/27 | PRIORITY 1 ISSUER LOG REGD 12.62500000                                   | CUSIP: G7256PAA1<br>LEI: 635400FLODFXG5M9HI42 | Long             | DBT              | CORP              | IE        |   2125000 | PA      | $2058985.43   | 0.29%             | 2027-11-19      | Fixed         | 12.62%                | No            |                  2 | On Loan: No      |
| ADANI ELECTRIC 3.867% 07/22/31 | ADANI ELECTRICITY MUMBAI REGD REG S 3.86700000                           | CUSIP: Y0R1SDAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    600000 | PA      | $543825.96    | 0.08%             | 2031-07-22      | Fixed         | 3.87%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANC 7.875% 03/15/30 | ONEMAIN FINANCE CORP REGD 7.87500000                                     | CUSIP: 682691AE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $52899.10     | 0.01%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| HILLGROVE 12% 08/01/29         | HILLGROVE REGD 12.00000000                                               | CUSIP: Q46156AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    300000 | PA      | $295103.55    | 0.04%             | 2029-08-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| FIDEICOMISO PA  8.25% 01/15/35 | FIDEICOMISO PA PACIFICO REGD REG S 8.25000000                            | CUSIP: P40689AA2<br>LEI: 549300HPHEJ3B6YD5H05 | Long             | DBT              | CORP              | CO        |    643600 | PA      | $661299.00    | 0.09%             | 2035-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISU 4.625% 03/01/30 | TRAVEL + LEISURE CO REGD 144A P/P 4.62500000                             | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    150000 | PA      | $144500.22    | 0.02%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| 888 ACQUISIT V/R 07/15/28/EUR/ | 888 ACQUISITIONS LTD /EUR/ REGD V/R REG S 7.52600000                     | CUSIP: X1957XAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | GI        |    300000 | PA      | $349985.24    | 0.05%             | 2028-07-15      | Variable      | 7.53%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMM 3.625% 05/15/30 | DISCOVERY COMMUNICATIONS REGD SER * 3.62500000                           | CUSIP: 25470DCC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    150000 | PA      | $135310.50    | 0.02%             | 2030-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| PITNEY BOWES IN 7.25% 03/15/29 | PITNEY BOWES INC REGD 144A P/P 7.25000000                                | CUSIP: 724479AQ3<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1356516.45   | 0.19%             | 2029-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| GLOBA TERRA ACQUISITION CO-A   | GLOBA TERRA ACQUISITION CO-A 0.00000000                                  | CUSIP: G3933N116<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     59000 | NS      | $587935.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW GOLD INC 6.875% 04/01/32   | NEW GOLD INC REGD 144A P/P 6.87500000                                    | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $208473.40    | 0.03%             | 2032-04-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| BLUENORD ASA 9.5% 07/02/29     | BLUENORD ASA REGD 9.50000000                                             | CUSIP: R11660AA6<br>LEI: 5967007LIEEXZXGE3C16 | Long             | DBT              | CORP              | NO        |    700000 | PA      | $731625.92    | 0.10%             | 2029-07-02      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| BELL CANADA V/R 09/15/55       | BELL CANADA REGD V/R 6.87500000                                          | CUSIP: 0778FPAP4<br>LEI: 5493000G3EFX9S7TDE29 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $51065.55     | 0.01%             | 2055-09-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND V 4.875% 07/01/31 | HILTON GRAND VAC LLC/INC REGD 144A P/P 4.87500000                        | CUSIP: 43284MAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | PA      | $372445.20    | 0.05%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| INRETAIL CONSUM 3.25% 03/22/28 | INRETAIL CONSUMER REGD REG S 3.25000000                                  | CUSIP: P56236AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |   1500000 | PA      | $1453923.45   | 0.20%             | 2028-03-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                            | NOK/USD FWD 20250915 000000010 USD                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-15802.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC 7% 07/15/29 | BLUE RACER MID LLC/FINAN REGD 144A P/P 7.00000000                        | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $468164.25    | 0.07%             | 2029-07-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BRINKER INTERNA 8.25% 07/15/30 | BRINKER INTERNATIONAL IN REGD 144A P/P 8.25000000                        | CUSIP: 109641AK6<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53166.45     | 0.01%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| SEALED AIR CORP 6.5% 07/15/32  | SEALED AIR CORP REGD 144A P/P 6.50000000                                 | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    150000 | PA      | $155161.20    | 0.02%             | 2032-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| BORR IHC LTD / BO 10% 11/15/28 | BORR IHC LTD / BORR FIN REGD 144A P/P 10.00000000                        | CUSIP: 100018AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    478000 | PA      | $485212.64    | 0.07%             | 2028-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| SARATOGA INVESTMENT CORP /PFD/ | SARATOGA INVESTMENT CORP      /PREFERRED/ 0.00000000                     | CUSIP: 80349A802<br>LEI: 54930023WJCWPAGSWE41 | Long             | EP               | CORP              | US        |     43599 | NS      | $1084743.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| C/O FLEX LNG LTD   OCT 26.000  | CALL OPTION ON 100SHS          FLEX LNG LTD       OCT 26.000 0.00000000  | CUSIP: 11M99ILR4<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -243 | NC      | $-34020.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JEFFERSON CAPIT 8.25% 05/15/30 | JEFFERSON CAPITAL HOLDIN REGD 144A P/P 8.25000000                        | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    403000 | PA      | $421986.54    | 0.06%             | 2030-05-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| RAIN CARBON IN 12.25% 09/01/29 | RAIN CARBON INC REGD 144A P/P 12.25000000                                | CUSIP: 75079LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1610415.00   | 0.23%             | 2029-09-01      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| BCPE FLAVOR DEBT 9.5% 07/01/32 | BCPE FLAVOR DEBT/ISSUER REGD 144A P/P 9.50000000                         | CUSIP: 072933AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1719000 | PA      | $1782746.54   | 0.25%             | 2032-07-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| CONNECT FINCO SARL 9% 09/15/29 | CONNECT FINCO SARL/CONNE REGD 144A P/P 9.00000000                        | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1900000 | PA      | $1979475.10   | 0.28%             | 2029-09-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| SABLE INTL FIN 7.125% 10/15/32 | SABLE INTL FINANCE LTD REGD 144A P/P 7.12500000                          | CUSIP: 785712AK6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2507000 | PA      | $2548999.77   | 0.36%             | 2032-10-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| ITAU UNIBANCO HLD V/R 04/15/31 | ITAU UNIBANCO HLDG SA/KY REGD V/R REG S 3.87500000                       | CUSIP: 46556M2A9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    800000 | PA      | $791753.78    | 0.11%             | 2031-04-15      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY 4.875% 06/30/29 | SUNCOKE ENERGY INC REGD 144A P/P 4.87500000                              | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |    600000 | PA      | $547731.90    | 0.08%             | 2029-06-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CROCS INC 4.125% 08/15/31      | CROCS INC REGD 144A P/P 4.12500000                                       | CUSIP: 227046AB5<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |   6101000 | PA      | $5476726.77   | 0.77%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| EAGLE FUNDING LU 5.5% 08/17/30 | EAGLE FUNDING LUXCO SARL REGD 144A P/P 5.50000000                        | CUSIP: 26951TAA8<br>LEI: 894500VDP08MVIZ6OA60 | Long             | DBT              | USGA              | LU        |   2379000 | PA      | $2412543.90   | 0.34%             | 2030-08-17      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ALBION FINANCING 1 7% 05/21/30 | ALBION FINANCING 1SARL / REGD 144A P/P 7.00000000                        | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    900000 | PA      | $928712.70    | 0.13%             | 2030-05-21      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| TELECOMMUNICATIONS 7% 10/28/29 | TELECOMMUNICATIONS CO TE REGD REG S 7.00000000                           | CUSIP: X9300AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | RS        |   1600000 | PA      | $1609126.72   | 0.23%             | 2029-10-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA S 6.99% 02/20/32 | BRASKEM IDESA SAPI REGD REG S 6.99000000                                 | CUSIP: P1850NAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    900000 | PA      | $622319.76    | 0.09%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| EURONET WORLDWIDE INC          | EURONET WORLDWIDE INC 0.00000000                                         | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      5904 | NS      | $550193.76    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SECOP GROUP  V/R 12/29/26/EUR/ | SECOP GROUP HLDG GMBH /EUR/ REGD V/R 10.38000000                         | CUSIP: D6T985AB9<br>LEI: 3912009IWWPURB35WO49 | Long             | DBT              | CORP              | DE        |   1487000 | PA      | $1763715.98   | 0.25%             | 2026-12-29      | Variable      | 10.38%                | No            |                  2 | On Loan: No      |
| ANYWHERE REAL EST/ 7% 04/15/30 | ANYWHERE REAL EST/CO-ISS REGD 144A P/P 7.00000000                        | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49223.90     | 0.01%             | 2030-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| WAYFAIR LLC 7.25% 10/31/29     | WAYFAIR LLC REGD 144A P/P 7.25000000                                     | CUSIP: 94419NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    700000 | PA      | $713740.30    | 0.10%             | 2029-10-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| RITHM CAPITAL CORP 8% 04/01/29 | RITHM CAPITAL CORP REGD 144A P/P 8.00000000                              | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1433159.00   | 0.20%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| ENERGO PRO AS 8% 05/27/30/EUR/ | ENERGO PRO AS /EUR/ REGD 144A P/P 8.00000000                             | CUSIP: N/A<br>LEI: 315700IQCL9IX158RO36       | Long             | DBT              | CORP              | CZ        |   1039000 | PA      | $1288930.20   | 0.18%             | 2030-05-27      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL  7.375% 08/01/33 | MACY'S RETAIL HLDGS LLC REGD 144A P/P 7.37500000                         | CUSIP: 55617LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $359373.35    | 0.05%             | 2033-08-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS 4.875% 01/15/28 | UNITED RENTALS NORTH AM REGD 4.87500000                                  | CUSIP: 911365BG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $49724.18     | 0.01%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AUTONATION INC 2.4% 08/01/31   | AUTONATION INC REGD 2.40000000                                           | CUSIP: 05329WAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    608000 | PA      | $530093.49    | 0.07%             | 2031-08-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE B V/R 09/10/30 | OVERSEA-CHINESE BANKING REGD V/R 1.83200000                              | CUSIP: 69033DAD9<br>LEI: 5493007O3QFXCPOGWK22 | Long             | DBT              | CORP              | SG        |   1700000 | PA      | $1698673.05   | 0.24%             | 2030-09-10      | Variable      | 1.83%                 | No            |                  2 | On Loan: No      |
| GALAXY PIPELINE 2.94% 09/30/40 | GALAXY PIPELINE ASSETS REGD REG S 2.94000000                             | CUSIP: G3R238AD5<br>LEI: 549300L82YB0C6JQIC26 | Long             | DBT              | CORP              | JE        |   1059888 | PA      | $887448.33    | 0.12%             | 2040-09-30      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| RAND PARENT LLC 8.5% 02/15/30  | RAND PARENT LLC REGD 144A P/P 8.50000000                                 | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $621810.60    | 0.09%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| VIKING CRUISES 9.125% 07/15/31 | VIKING CRUISES LTD REGD 144A P/P 9.12500000                              | CUSIP: 92676XAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $915795.95    | 0.13%             | 2031-07-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| FIEMEX ENERGIA  7.25% 01/31/41 | FIEMEX ENERGIA - BANC AC REGD REG S 7.25000000                           | CUSIP: P0R12RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    693355 | PA      | $711888.55    | 0.10%             | 2041-01-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBL 4.5% 01/30/30 | DOMINICAN REPUBLIC REGD REG S 4.50000000                                 | CUSIP: P3579ECF2<br>LEI: N/A                  | Long             | DBT              | USGA              | DO        |    500000 | PA      | $483775.00    | 0.07%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE 6.75% 03/15/32 | ONEMAIN FINANCE CORP REGD 6.75000000                                     | CUSIP: 682691AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $307118.10    | 0.04%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITA 9.5% 02/15/29 | JEFFERSON CAPITAL HOLDIN REGD 144A P/P 9.50000000                        | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     23000 | PA      | $24436.24     | 0.00%             | 2029-02-15      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| GEO GROUP INC/ 8.625% 04/15/29 | GEO GROUP INC/THE REGD 8.62500000                                        | CUSIP: 36162JAG1<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |    150000 | PA      | $158631.15    | 0.02%             | 2029-04-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/F 5.75% 05/20/27 | AMERIGAS PART/FIN CORP REGD 5.75000000                                   | CUSIP: 030981AL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $498948.65    | 0.07%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AMERIGAS PART/ 9.375% 06/01/28 | AMERIGAS PART/FIN CORP REGD 144A P/P 9.37500000                          | CUSIP: 030981AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1289977.50   | 0.18%             | 2028-06-01      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| KOLIBRI BGMB V/R 02/13/29/EUR/ | KOLIBRI BGMBH & CO KGAA /EUR/ REGD V/R 9.02900000                        | CUSIP: D4025AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $1199783.72   | 0.17%             | 2029-02-13      | Variable      | 9.03%                 | Yes           |                  2 | On Loan: No      |
| OFFICE CHERIFIE 6.75% 05/02/34 | OFFICE CHERIFIEN DES PHO REGD 6.75000000                                 | CUSIP: V6560ABE1<br>LEI: N/A                  | Long             | DBT              | CORP              | MA        |   1900000 | PA      | $2006262.27   | 0.28%             | 2034-05-02      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL IN 11.125% 07/15/30 | SABRE GLBL INC REGD 144A P/P 11.12500000                                 | CUSIP: 78573NAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    597000 | PA      | $585119.70    | 0.08%             | 2030-07-15      | Fixed         | 11.12%                | Yes           |                  2 | On Loan: No      |
| HOWARD HUGHES  4.375% 02/01/31 | HOWARD HUGHES CORP REGD 144A P/P 4.37500000                              | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1164230.25   | 0.16%             | 2031-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| CLOSE BROTHERS V/R /PERP//GBP/ | CLOSE BROTHERS GROUP PLC /GBP/ REGD V/R /PERP/ REG S 11.12500000         | CUSIP: G22120BB7<br>LEI: 213800W73SYHR14I3X91 | Long             | DBT              | CORP              | GB        |    655000 | PA      | $962228.60    | 0.14%             | 2174-05-29      | Variable      | 11.12%                | No            |                  2 | On Loan: No      |
| REPUBLIC OF GU 4.375% 06/05/27 | REPUBLIC OF GUATEMALA REGD REG S 4.37500000                              | CUSIP: P5015VAG1<br>LEI: N/A                  | Long             | DBT              | USGA              | GT        |   1300000 | PA      | $1287650.00   | 0.18%             | 2027-06-05      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FRIGORIFICO CONC 7.7% 07/21/28 | FRIGORIFICO CONCEPCION REGD REG S 7.70000000                             | CUSIP: P4R54KAA4<br>LEI: 529900Q6VZVL47QJCQ91 | Long             | DBT              | CORP              | PY        |    800000 | PA      | $599978.72    | 0.08%             | 2028-07-21      | Fixed         | 7.70%                 | No            |                  2 | On Loan: —       |
| ROMANIA 6.75% 07/11/39/EUR/    | ROMANIA /EUR/ REGD 144A P/P 6.75000000                                   | CUSIP: X7360WDN9<br>LEI: N/A                  | Long             | DBT              | USGA              | RO        |   1724000 | PA      | $2061342.97   | 0.29%             | 2039-07-11      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| PROSPECT CAPIT 3.364% 11/15/26 | PROSPECT CAPITAL CORP REGD 3.36400000                                    | CUSIP: 74348TAV4<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |    100000 | PA      | $96240.00     | 0.01%             | 2026-11-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: No      |
| HAWAII ELECTRIC 3.28% 12/30/40 | HAWAII ELECTRIC LIGHT CO. INC. 3.28000000                                | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |   2055000 | PA      | $1231972.50   | 0.17%             | 2040-12-30      | Fixed         | 3.28%                 | No            |                  3 | On Loan: No      |
| CHILE ELECTRICI 6.01% 01/20/33 | CHILE ELECTRICITY LUX REGD REG S 6.01000000                              | CUSIP: L15669AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1165400 | PA      | $1214253.57   | 0.17%             | 2033-01-20      | Fixed         | 6.01%                 | No            |                  2 | On Loan: No      |
| NYNAS AB 11.75% 06/17/28       | NYNAS AB REGD 11.75000000                                                | CUSIP: W5937VAB9<br>LEI: 5493007VGEKBZGZ6PC69 | Long             | DBT              | CORP              | SE        |   2250000 | PA      | $2315334.94   | 0.33%             | 2028-06-17      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| VOYAGER PARENT  9.25% 07/01/32 | VOYAGER PARENT LLC REGD 144A P/P 9.25000000                              | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   1476000 | PA      | $1557729.07   | 0.22%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| POLARIS RENEWABL 9.5% 12/03/29 | POLARIS RENEWABLE ENERGY REGD 9.50000000                                 | CUSIP: C7373NAA8<br>LEI: 254900IRAKXV4MM4QF30 | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2587500.00   | 0.36%             | 2029-12-03      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| THE PLATF 8.875% 07/11/28/EUR/ | THE PLATFORM GROUP AG /EUR/ REGD 8.87500000                              | CUSIP: D6S3YZAA0<br>LEI: 391200T7OHCG8YPRQW61 | Long             | DBT              | CORP              | DE        |   4914000 | PA      | $5814126.12   | 0.82%             | 2028-07-11      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| DAVITA INC 3.75% 02/15/31      | DAVITA INC REGD 144A P/P 3.75000000                                      | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    200000 | PA      | $182500.70    | 0.03%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| ADANI INTERNATIONA 3% 02/16/31 | ADANI INTERNATIONAL CONT REGD REG S 3.00000000                           | CUSIP: Y0R14UAA9<br>LEI: 335800J4SLERP6S94P28 | Long             | DBT              | CORP              | IN        |   1880000 | PA      | $1706354.36   | 0.24%             | 2031-02-16      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AUNA SA 10% 12/18/29           | AUNA SA REGD REG S 10.00000000                                           | CUSIP: L0415AAA1<br>LEI: 254900SOGP7YC0N9I368 | Long             | DBT              | CORP              | LU        |   3151000 | PA      | $3327298.48   | 0.47%             | 2029-12-18      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| ENQUEST PLC 11.625% 11/01/27   | ENQUEST PLC REGD REG S 11.62500000                                       | CUSIP: G315APAG3<br>LEI: 2138008LJU6WFQWOXJ73 | Long             | DBT              | CORP              | GB        |   1360000 | PA      | $1406411.36   | 0.20%             | 2027-11-01      | Fixed         | 11.62%                | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GM 8% 11/15/32 | IHO VERWALTUNGS GMBH REGD 144A P/P 8.00000000                            | CUSIP: 44963BAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | DE        |    500000 | PA      | $522039.00    | 0.07%             | 2032-11-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| XPLR INFRAST OPE 4.5% 09/15/27 | XPLR INFRAST OPERATING REGD 144A P/P 4.50000000                          | CUSIP: 65342QAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1078868.01   | 0.15%             | 2027-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| DOMINICAN REPUB 5.95% 01/25/27 | DOMINICAN REPUBLIC REGD REG S 5.95000000                                 | CUSIP: P3579EBV8<br>LEI: N/A                  | Long             | DBT              | USGA              | DO        |    500000 | PA      | $506875.00    | 0.07%             | 2027-01-25      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| TRIDENT ENERGY  12.5% 11/30/29 | TRIDENT ENERGY FINANCE REGD 12.50000000                                  | CUSIP: G9047MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1027430.27   | 0.14%             | 2029-11-30      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| COREWEAVE INC 9.25% 06/01/30   | COREWEAVE INC REGD 144A P/P 9.25000000                                   | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |    250000 | PA      | $250896.25    | 0.04%             | 2030-06-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| GRUBHUB HOLDINGS 5.5% 07/01/27 | GRUBHUB HOLDINGS INC REGD 144A P/P 5.50000000                            | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4514000 | PA      | $4498463.71   | 0.63%             | 2027-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: —       |
| SOTHEBY'S 7.375% 10/15/27      | SOTHEBY'S REGD 144A P/P 7.37500000                                       | CUSIP: 835898AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1434039.56   | 0.20%             | 2027-10-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CANNABIST CO HL 9.25% 12/31/28 | CANNABIST CO HLDGS INC REGD 9.25000000                                   | CUSIP: 13766HAA7<br>LEI: 9845007B45659F4F4F75 | Long             | DBT              | CORP              | US        |  10024000 | PA      | $5062120.00   | 0.71%             | 2028-12-31      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL H V/R 06/15/35 | BREAD FINANCIAL HLDGS REGD V/R 144A P/P 8.37500000                       | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1651825.60   | 0.23%             | 2035-06-15      | Variable      | 8.38%                 | Yes           |                  2 | On Loan: No      |
| VIVION INVE 8% 02/28/29/EUR/   | VIVION INVESTMENTS /EUR/ REGD REG S EMTN 8.00000000                      | CUSIP: L9673UAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | LU        |   1204600 | PA      | $1382756.22   | 0.19%             | 2029-02-28      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NORSKE SKOG  V/R 06/25/29/NOK/ | NORSKE SKOG AS /NOK/ REGD V/R 8.88000000                                 | CUSIP: R6S90CAC6<br>LEI: 529900MYY60WXHHY3039 | Long             | DBT              | CORP              | NO        |  11700000 | PA      | $1131910.78   | 0.16%             | 2029-06-25      | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| FIDELIS INSUR HLD V/R 06/15/55 | FIDELIS INSUR HLD LTD REGD V/R 7.75000000                                | CUSIP: 31575FAC0<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $211130.00    | 0.03%             | 2055-06-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABO 4% 03/15/31 | CHARLES RIVER LABORATORI REGD 144A P/P 4.00000000                        | CUSIP: 159864AJ6<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |   6063000 | PA      | $5608906.76   | 0.79%             | 2031-03-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| SEAGATE DATA ST 5.75% 12/01/34 | SEAGATE DATA STOR REGD 144A P/P 5.75000000                               | CUSIP: 81180LAS4<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   1083000 | PA      | $1051690.69   | 0.15%             | 2034-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| WIPRO IT SERVICE 1.5% 06/23/26 | WIPRO IT SERVICE REGD REG S 1.50000000                                   | CUSIP: U9841MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $977052.95    | 0.14%             | 2026-06-23      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| N/A                            | SEK/USD FWD 20250915 000000010 USD                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-7144.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CTO REALTY GROWTH INC          | CTO REALTY GROWTH INC 0.00000000                                         | CUSIP: 22948Q101<br>LEI: N/A                  | Long             | RE               | CORP              | US        |     67918 | NS      | $1173623.04   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PAR 3.9% 04/15/30 | ADVANCE AUTO PARTS REGD SER WI 3.90000000                                | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    850000 | PA      | $784059.98    | 0.11%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TE 4.8% 08/14/29 | GE HEALTHCARE TECH INC REGD 4.80000000                                   | CUSIP: 36266GAA5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   1117000 | PA      | $1140362.13   | 0.16%             | 2029-08-14      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| T/L BALLY'S CORP 0% 10/02/28   | T/L BALLY'S CORPORATION REGD 0.00000000                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   5266085 | PA      | $5202892.24   | 0.73%             | 2028-10-02      | Variable      | 7.84%                 | No            |                  2 | On Loan: No      |
| LIMA METRO LIN 5.875% 07/05/34 | LIMA METRO LINE 2 FIN LT REGD 5.87500000                                 | CUSIP: G54897AA4<br>LEI: 5493009BVQNQT1UKQ352 | Long             | DBT              | CORP              | KY        |   3115938 | PA      | $3194926.68   | 0.45%             | 2034-07-05      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/ 8% 05/15/33 | GENESIS ENERGY LP/FIN REGD 8.00000000                                    | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1044552.00   | 0.15%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARA 4.7% 03/27/27 | REPUBLIC OF PARAGUAY REGD REG S 4.70000000                               | CUSIP: P75744AE5<br>LEI: N/A                  | Long             | DBT              | USGA              | PY        |   1400000 | PA      | $1403094.00   | 0.20%             | 2027-03-27      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| EMPRESAS PUBLI 4.375% 02/15/31 | EMPRESAS PUBLIC MEDELLIN REGD REG S 4.37500000                           | CUSIP: P9379RBC0<br>LEI: N/A                  | Long             | DBT              | CORP              | CO        |   1300000 | PA      | $1183636.35   | 0.17%             | 2031-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RAIZEN FUELS FIN 5.7% 01/17/35 | RAIZEN FUELS FINANC REGD REG S 5.70000000                                | CUSIP: L7909CAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    500000 | PA      | $458450.00    | 0.06%             | 2035-01-17      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| NGL ENERGY PARTNERS LP PFD     | NGL ENERGY PARTNERS LP CL B   PREFERRED 0.00000000                       | CUSIP: 62913M206<br>LEI: 5299005YSRP46BE8Z459 | Long             | EP               | CORP              | US        |    196289 | NS      | $4491092.32   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ZF NA CAPITAL 6.875% 04/14/28  | ZF NA CAPITAL REGD 144A P/P 6.87500000                                   | CUSIP: 98877DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $506452.50    | 0.07%             | 2028-04-14      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| COMISION FEDER 3.348% 02/09/31 | COMISION FEDERAL DE ELEC REGD REG S 3.34800000                           | CUSIP: P29595AD0<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    600000 | PA      | $535595.70    | 0.08%             | 2031-02-09      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| COMPASS MINERALS I 8% 07/01/30 | COMPASS MINERALS INTERNA REGD 144A P/P 8.00000000                        | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1778174.50   | 0.25%             | 2030-07-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| PROG HOLDINGS INC 6% 11/15/29  | PROG HOLDINGS INC REGD 144A P/P 6.00000000                               | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |    450000 | PA      | $437017.50    | 0.06%             | 2029-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ZOPA GROUP P V/R 11/25/33/GBP/ | ZOPA GROUP PLC /GBP/ REGD V/R REG S 14.40000000                          | CUSIP: G989BCAB4<br>LEI: 213800CH9Q31TMDRXN75 | Long             | DBT              | CORP              | GB        |    558000 | PA      | $869207.18    | 0.12%             | 2033-11-25      | Variable      | 14.40%                | No            |                  2 | On Loan: No      |
| ARBOR REALTY S 7.875% 07/15/30 | ARBOR REALTY SR INC REGD 144A P/P 7.87500000                             | CUSIP: 03881NAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $364351.65    | 0.05%             | 2030-07-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| MANGROVE LUX V/R 07/15/29/EUR/ | MANGROVE LUXCO III /EUR/ REGD V/R REG S 7.02600000                       | CUSIP: L6255BAC5<br>LEI: 549300GLJSZN1PU7T586 | Long             | DBT              | CORP              | LU        |   1998000 | PA      | $2344035.77   | 0.33%             | 2029-07-15      | Variable      | 7.03%                 | No            |                  2 | On Loan: No      |
| T/L CMG MEDIA 0% 06/18/29      | T/L CMG MEDIA CORPORATION REGD 0.00000000                                | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7522501 | PA      | $7217839.84   | 1.01%             | 2029-06-18      | Variable      | 7.90%                 | No            |                  2 | On Loan: No      |
| LANCASHIRE HOLDIN V/R 09/18/41 | LANCASHIRE HOLDINGS LTD REGD V/R REG S 5.62500000                        | CUSIP: G5361WAB0<br>LEI: 5493002UNUYXLHOWF752 | Long             | DBT              | CORP              | GB        |    584000 | PA      | $570967.16    | 0.08%             | 2041-09-18      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| EMPRESA ELECTRIC 5.5% 05/14/27 | EMPRESA ELECTRICA COCHRA REGD REG S 5.50000000                           | CUSIP: P3713CAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |   1055020 | PA      | $1037798.91   | 0.15%             | 2027-05-14      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RA PARENT INC /RESTRICTED/     | RA PARENT INC /RESTRICTED/ 0.00000000                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |        57 | NS      | $3650560.00   | 0.51%             |  |  |  | No            |                  3 | On Loan: No      |
| ITHACA ENERGY  8.125% 10/15/29 | ITHACA ENERGY NORTH REGD 144A P/P 8.12500000                             | CUSIP: 46567TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    800000 | PA      | $832605.60    | 0.12%             | 2029-10-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| 3T GLOBAL BIDC 11.25% 05/22/28 | 3T GLOBAL BIDCO PLC REGD 11.25000000                                     | CUSIP: G5959ZAA3<br>LEI: 984500A9A01BC5EF1N17 | Long             | DBT              | CORP              | GB        |   1500000 | PA      | $1510875.99   | 0.21%             | 2028-05-22      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| CAP SA 3.9% 04/27/31           | CAP SA REGD REG S 3.90000000                                             | CUSIP: P2316YAA1<br>LEI: 54930079GPG23NTBB003 | Long             | DBT              | CORP              | CL        |   5000000 | PA      | $3988014.00   | 0.56%             | 2031-04-27      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| FLUTTER T 6.125% 06/04/31/GBP/ | FLUTTER TREASURY DAC /GBP/ REGD 144A P/P 6.12500000                      | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | IE        |    120000 | PA      | $163278.98    | 0.02%             | 2031-06-04      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Brinker Capital Destinations Trust

**Signature:** Brian Ferko

**Name of Signer:** Brian Ferko

**Title:** Chief Operating Officer and Chief Compliance Officer