# EDGAR Filing Document

**Accession Number:** 0001879238
**File Stem:** 0001752724-25-149654
**Filing Date:** 2025-6
**Character Count:** 114050
**Document Hash:** 7d330cdf826eeb4ff3ad516fcb337595
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-149654.hdr.sgml**: 20250620

**ACCESSION NUMBER**: 0001752724-25-149654

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250620

**DATE AS OF CHANGE**: 20250620

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BondBloxx ETF Trust
- **CENTRAL INDEX KEY:** 0001879238

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23731
- **FILM NUMBER:** 251060214

**BUSINESS ADDRESS:**
- **STREET 1:** 35 MILLER AVENUE #145
- **CITY:** MILL VALLEY
- **STATE:** CA
- **ZIP:** 94941
- **BUSINESS PHONE:** (800) 896-5089

**MAIL ADDRESS:**
- **STREET 1:** 35 MILLER AVENUE #145
- **CITY:** MILL VALLEY
- **STATE:** CA
- **ZIP:** 94941

## Series and Classes Contracts Data

### BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (Series ID: S000074208)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000231815 | BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF | XHYC            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BondBloxx ETF Trust

- **b. Investment Company Act file number:** 811-23731

- **c. CIK number of Registrant:** 0001879238

- **d. LEI of Registrant:** 549300M0XBJH5H5NJQ95

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

  - **Street Address 1:** 700 Larkspur Landing Circle, Suite 250

  - **City:** Larkspur

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94939

  - **Telephone number:** 800-896-5089

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

- **a. Name of Series:** BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

- **b. EDGAR series identifier (if any):** S000074208

- **c. LEI of Series:** 549300M0XBJH5H5NJQ95

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $42041681.24

**Total Liabilities:** $14066.43

**Net Assets:** $42027614.81

**Cash Not Reported:** $187006.21

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 0.00000000 | **1-Year:** -15.00317000 | **5-Year:** -7528.67487400 | **10-Year:** -5796.02614500 | **30-Year:** -579.43693500

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231815 | 0.65%                | -1.50%               | -0.59%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-14260.66               | $78618.21                                  |
| Month 2  | $70279.80                | $-1523348.44                               |
| Month 3  | $-845356.97              | $-545573.40                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GAP INC/THE 3.875% 10/01/31                   | GAP INC/THE REGD 144A P/P 3.87500000                    | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    172000 | PA      | $149076.80    | 0.35%             | 2031-10-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| BATH & BODY WOR 5.25% 02/01/28                | BATH & BODY WORKS INC REGD 5.25000000                   | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    112000 | PA      | $111484.41    | 0.27%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER  7.25% 11/15/29                | LIGHT & WONDER INTL INC REGD 144A P/P 7.25000000        | CUSIP: 80874YBE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    121000 | PA      | $123481.35    | 0.29%             | 2029-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| SALLY HOLDINGS/ 6.75% 03/01/32                | SALLY HOLDINGS/SALLY CAP REGD 6.75000000                | CUSIP: 79546VAQ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $141200.78    | 0.34%             | 2032-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS  5.5% 04/01/27                | CHURCHILL DOWNS INC REGD 144A P/P 5.50000000            | CUSIP: 171484AG3<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    136000 | PA      | $134810.04    | 0.32%             | 2027-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| JAGUAR LAND ROVE 5.5% 07/15/29                | JAGUAR LAND ROVER AUTOMO REGD 144A P/P 5.50000000       | CUSIP: 47010BAM6<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    102000 | PA      | $97869.64     | 0.23%             | 2029-07-15      | Fixed         | 5.50%                 | Yes           |                  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        |    135000 | PA      | $118593.59    | 0.28%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILTON GRAND V 6.625% 01/15/32                | HILTON GRAND VAC LLC/INC REGD 144A P/P 6.62500000       | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    205000 | PA      | $201059.51    | 0.48%             | 2032-01-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| STATION CASINO 6.625% 03/15/32                | STATION CASINOS LLC REGD 144A P/P 6.62500000            | CUSIP: 857691AJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $109464.81    | 0.26%             | 2032-03-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| STAPLES INC 12.75% 01/15/30                   | STAPLES INC REGD 144A P/P 12.75000000                   | CUSIP: 855030AS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $114400.07    | 0.27%             | 2030-01-15      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| TENNECO INC 8% 11/17/28                       | TENNECO INC REGD 144A P/P 8.00000000                    | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |    435000 | PA      | $415989.98    | 0.99%             | 2028-11-17      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| VIKING OCEAN C 5.625% 02/15/29                | VIKING OCEAN CRUISES SHI REGD 144A P/P 5.62500000       | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     92000 | PA      | $91154.61     | 0.22%             | 2029-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAI 6.5% 02/15/32                | CAESARS ENTERTAIN INC REGD 144A P/P 6.50000000          | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    350000 | PA      | $352136.05    | 0.84%             | 2032-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| VF CORP 6% 10/15/33                           | VF CORP REGD 6.00000000                                 | CUSIP: 918204AR9<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |     75000 | PA      | $64554.07     | 0.15%             | 2033-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISU 6.625% 07/31/26                | TRAVEL + LEISURE CO REGD 144A P/P 6.62500000            | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    147000 | PA      | $148143.66    | 0.35%             | 2026-07-31      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE 4% 08/15/28                | GROUP 1 AUTOMOTIVE INC REGD 144A P/P 4.00000000         | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    177000 | PA      | $168434.83    | 0.40%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| UNIVERSAL ENTE 9.875% 08/01/29                | UNIVERSAL ENTERTAINMENT REGD 144A P/P 9.87500000        | CUSIP: 91349WAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | JP        |     75000 | PA      | $72290.86     | 0.17%             | 2029-08-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL  5.875% 04/01/29                | MACY'S RETAIL HLDGS LLC REGD 144A P/P 5.87500000        | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $56984.15     | 0.14%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| DANA INC 5.625% 06/15/28                      | DANA INC REGD 5.62500000                                | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     89000 | PA      | $88340.01     | 0.21%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SPEEDWAY MOT/S 4.875% 11/01/27                | SPEEDWAY MOT/SPEEDWAY FD REGD 144A P/P 4.87500000       | CUSIP: 84779MAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     83000 | PA      | $79675.09     | 0.19%             | 2027-11-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ANYWHERE RE GRP 5.25% 04/15/30                | ANYWHERE RE GRP/REALOGY REGD 144A P/P 5.25000000        | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $69897.63     | 0.17%             | 2030-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| DANA INC 4.25% 09/01/30                       | DANA INC REGD 4.25000000                                | CUSIP: 235825AH9<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     97000 | PA      | $89560.57     | 0.21%             | 2030-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENT 4.75% 10/15/27                | LIVE NATION ENTERTAINMEN REGD 144A P/P 4.75000000       | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    213000 | PA      | $208684.79    | 0.50%             | 2027-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ADIENT GLOBAL HO 7.5% 02/15/33                | ADIENT GLOBAL HOLDINGS REGD 144A P/P 7.50000000         | CUSIP: 00687YAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    180000 | PA      | $170712.57    | 0.41%             | 2033-02-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| TRAVEL + LEISURE 4.5% 12/01/29                | TRAVEL + LEISURE CO REGD 144A P/P 4.50000000            | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    145000 | PA      | $136031.14    | 0.32%             | 2029-12-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE & RU 5% 05/31/26                | GOODYEAR TIRE & RUBBER REGD 5.00000000                  | CUSIP: 382550BF7<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    205000 | PA      | $204188.96    | 0.49%             | 2026-05-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP 5.75% 03/01/27                  | CARNIVAL CORP REGD 144A P/P 5.75000000                  | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    628000 | PA      | $626251.65    | 1.49%             | 2027-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| MARRIOTT OWNERS 4.75% 01/15/28                | MARRIOTT OWNERSHIP RESOR REGD SER WI 4.75000000         | CUSIP: 57164PAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $85388.11     | 0.20%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLD 7% 04/15/28                | ADIENT GLOBAL HOLDINGS REGD 144A P/P 7.00000000         | CUSIP: 00687YAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    115000 | PA      | $116113.55    | 0.28%             | 2028-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| NORDSTROM INC 4% 03/15/27                     | NORDSTROM INC REGD 4.00000000                           | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     71000 | PA      | $68164.06     | 0.16%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAGNERA CORP 7.25% 11/15/31                   | MAGNERA CORP REGD 144A P/P 7.25000000                   | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    215000 | PA      | $203521.15    | 0.48%             | 2031-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR CO 4.81% 09/17/30                | NISSAN MOTOR CO REGD 144A P/P 4.81000000                | CUSIP: 654744AD3<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    575000 | PA      | $531794.67    | 1.27%             | 2030-09-17      | Fixed         | 4.81%                 | Yes           |                  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        |    121402 | PA      | $123544.78    | 0.29%             | 2028-01-15      | Variable      | 10.50%                | Yes           |                  2 | On Loan: No      |
| BELRON UK FINAN 5.75% 10/15/29                | BELRON UK FINANCE PLC REGD 144A P/P 5.75000000          | CUSIP: 080782AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    255000 | PA      | $254928.97    | 0.61%             | 2029-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| VOC ESCROW LTD 5% 02/15/28                    | VOC ESCROW LTD REGD 144A P/P 5.00000000                 | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    155000 | PA      | $152148.09    | 0.36%             | 2028-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PENN ENTERTAIN 4.125% 07/01/29                | PENN ENTERTAINMENT INC REGD 144A P/P 4.12500000         | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     87000 | PA      | $76389.22     | 0.18%             | 2029-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| LITHIA MOTORS  4.375% 01/15/31                | LITHIA MOTORS INC REGD 144A P/P 4.37500000              | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    135000 | PA      | $124118.70    | 0.30%             | 2031-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| SIX FLAGS ENT/ 6.625% 05/01/32                | SIX FLAGS ENT/SIX FLAG REGD 144A P/P 6.62500000         | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $196910.03    | 0.47%             | 2032-05-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| LIFE TIME INC 6% 11/15/31                     | LIFE TIME INC REGD 144A P/P 6.00000000                  | CUSIP: 53190FAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $114733.74    | 0.27%             | 2031-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| SEAWORLD PARKS  5.25% 08/15/29                | SEAWORLD PARKS & ENTERTA REGD 144A P/P 5.25000000       | CUSIP: 81282UAG7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    162000 | PA      | $154136.20    | 0.37%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| LITHIA MOTORS  4.625% 12/15/27                | LITHIA MOTORS INC REGD 144A P/P 4.62500000              | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     90000 | PA      | $87470.89     | 0.21%             | 2027-12-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| MGM RESORTS INTL 5.5% 04/15/27                | MGM RESORTS INTL REGD 5.50000000                        | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    138000 | PA      | $137692.72    | 0.33%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR AC 2.75% 03/09/28                | NISSAN MOTOR ACCEPTANCE REGD 144A P/P 2.75000000        | CUSIP: 654740BT5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $123125.86    | 0.29%             | 2028-03-09      | Fixed         | 2.75%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTI 6.125% 04/01/32                | HILTON DOMESTIC OPERATIN REGD 144A P/P 6.12500000       | CUSIP: 432833AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $111566.29    | 0.27%             | 2032-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CROCS INC 4.25% 03/15/29                      | CROCS INC REGD 144A P/P 4.25000000                      | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |     75000 | PA      | $69690.38     | 0.17%             | 2029-03-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| SIX FLAGS/CANA 5.375% 04/15/27                | SIX FLAGS/CANADA WON REGD SER WI 5.37500000             | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $99594.35     | 0.24%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC V/R /PERP/                  | RAKUTEN GROUP INC REGD V/R /PERP/ 144A P/P 6.25000000   | CUSIP: 75102WAB4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    230000 | PA      | $202003.66    | 0.48%             | 2173-10-22      | Variable      | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ACADEMY LTD 6% 11/15/27                       | ACADEMY LTD REGD 144A P/P 6.00000000                    | CUSIP: 00401YAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93000 | PA      | $92933.84     | 0.22%             | 2027-11-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| QVC INC 5.95% 03/15/43                        | QVC INC REGD SER WI 5.95000000                          | CUSIP: 747262AM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     72000 | PA      | $32686.29     | 0.08%             | 2043-03-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR C 4.345% 09/17/27                | NISSAN MOTOR CO REGD 144A P/P 4.34500000                | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    575000 | PA      | $552193.29    | 1.31%             | 2027-09-17      | Fixed         | 4.34%                 | 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        |    137000 | PA      | $125616.31    | 0.30%             | 2029-02-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| STAR HOLDING LL 8.75% 08/01/31                | STAR HOLDING LLC REGD 144A P/P 8.75000000               | CUSIP: 85513AAA6<br>LEI: 254900BDGPE9N1WAKD59 | Long             | DBT              | CORP              | US        |     80000 | PA      | $73400.00     | 0.17%             | 2031-08-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE  5.625% 04/30/33                | GOODYEAR TIRE & RUBBER REGD 5.62500000                  | CUSIP: 382550BK6<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |     99000 | PA      | $91531.01     | 0.22%             | 2033-04-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA IN 5.25% 07/15/28                | CINEMARK USA INC REGD 144A P/P 5.25000000               | CUSIP: 172441BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    156000 | PA      | $153318.47    | 0.36%             | 2028-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NEWMARK GROUP IN 7.5% 01/12/29                | NEWMARK GROUP INC REGD SER WI 7.50000000                | CUSIP: 65158NAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $120317.13    | 0.29%             | 2029-01-12      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE  6.875% 07/01/28                | AMERICAN AXLE & MFG INC REGD 6.87500000                 | CUSIP: 02406PBA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    104000 | PA      | $100229.06    | 0.24%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHAMPIONS FINAN 8.75% 02/15/29                | CHAMPIONS FINANCING INC REGD 144A P/P 8.75000000        | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |    140000 | PA      | $123368.75    | 0.29%             | 2029-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| NORDSTROM INC 6.95% 03/15/28                  | NORDSTROM INC REGD 6.95000000                           | CUSIP: 655664AH3<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |     73000 | PA      | $73893.94     | 0.18%             | 2028-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| WOLVERINE WORLD WI 4% 08/15/29                | WOLVERINE WORLD WIDE REGD 144A P/P 4.00000000           | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |    120000 | PA      | $100038.31    | 0.24%             | 2029-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| KOHL'S CORPORAT 5.55% 07/17/45                | KOHL'S CORPORATION REGD 5.55000000                      | CUSIP: 500255AV6<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     99000 | PA      | $47529.55     | 0.11%             | 2045-07-17      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVE 4.5% 10/01/27                | JAGUAR LAND ROVER AUTOMO REGD 144A P/P 4.50000000       | CUSIP: 47010BAF1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    110000 | PA      | $105198.38    | 0.25%             | 2027-10-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| UPBOUND GROUP  6.375% 02/15/29                | UPBOUND GROUP INC REGD 144A P/P 6.37500000              | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    105000 | PA      | $99222.11     | 0.24%             | 2029-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | 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        |    131000 | PA      | $132562.06    | 0.32%             | 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        |    110000 | PA      | $105744.74    | 0.25%             | 2028-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC 5.75% 05/01/28                | HILTON DOMESTIC OPERATIN REGD 144A P/P 5.75000000       | CUSIP: 432833AH4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    117000 | PA      | $117170.77    | 0.28%             | 2028-05-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOTI 4.75% 03/01/30                | ASBURY AUTOMOTIVE GROUP REGD SER WI 4.75000000          | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    105000 | PA      | $98301.53     | 0.23%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WO 6.875% 11/01/35                | BATH & BODY WORKS INC REGD 6.87500000                   | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    180000 | PA      | $180354.24    | 0.43%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MAVIS TIRE EXPRE 6.5% 05/15/29                | MAVIS TIRE EXPRESS SERVI REGD 144A P/P 6.50000000       | CUSIP: 59155LAA0<br>LEI: 254900NVDM4GTLBL9E56 | Long             | DBT              | CORP              | US        |    166000 | PA      | $153323.96    | 0.36%             | 2029-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| AMC ENTERTAINMEN 7.5% 02/15/29                | AMC ENTERTAINMENT HLDGS REGD 144A P/P 7.50000000        | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    220000 | PA      | $152002.40    | 0.36%             | 2029-02-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE  4.875% 03/15/27                | GOODYEAR TIRE & RUBBER REGD 4.87500000                  | CUSIP: 382550BG5<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    165000 | PA      | $162744.60    | 0.39%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR AC 5.55% 09/13/29                | NISSAN MOTOR ACCEPTANCE REGD 144A P/P MTN 5.55000000    | CUSIP: 65480CAH8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $62889.13     | 0.15%             | 2029-09-13      | Fixed         | 5.55%                 | Yes           |                  2 | On Loan: No      |
| CCM MERGER INC 6.375% 05/01/26                | CCM MERGER INC REGD 144A P/P 6.37500000                 | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |     62000 | PA      | $62123.50     | 0.15%             | 2026-05-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| CHURCHILL DOWNS 5.75% 04/01/30                | CHURCHILL DOWNS INC REGD 144A P/P 5.75000000            | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    262000 | PA      | $256485.00    | 0.61%             | 2030-04-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN REGD 4.875% 01/15/30 | HILTON DOMESTIC OPERATIN REGD SER WI 4.87500000         | CUSIP: 432833AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $225586.94    | 0.54%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC 4.25% 08/01/31                  | NORDSTROM INC REGD SER WI 4.25000000                    | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $86080.49     | 0.20%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMO 6.375% 01/15/30                | GROUP 1 AUTOMOTIVE INC REGD 144A P/P 6.37500000         | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    110000 | PA      | $111330.12    | 0.26%             | 2030-01-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL AUTO HO 8.375% 01/15/29                | GLOBAL AUTO HO/AAG FH UK REGD 144A P/P 8.37500000       | CUSIP: 00033GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    135000 | PA      | $119279.72    | 0.28%             | 2029-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| BOYNE USA INC 4.75% 05/15/29                  | BOYNE USA INC REGD 144A P/P 4.75000000                  | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    152000 | PA      | $144821.88    | 0.34%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| HILTON GRAND VAC L 5% 06/01/29                | HILTON GRAND VAC LLC/INC REGD 144A P/P 5.00000000       | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    208000 | PA      | $192540.59    | 0.46%             | 2029-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| VICTORIA'S SEC 4.625% 07/15/29                | VICTORIA'S SECRET & CO REGD 144A P/P 4.62500000         | CUSIP: 926400AA0<br>LEI: 5493006T3O70U3UWVF17 | Long             | DBT              | CORP              | US        |    140000 | PA      | $122262.46    | 0.29%             | 2029-07-15      | Fixed         | 4.62%                 | Yes           |                  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        |    185000 | PA      | $184829.19    | 0.44%             | 2032-05-31      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN  7.5% 10/15/27                | ROYAL CARIBBEAN CRUISES REGD 7.50000000                 | CUSIP: 780153AG7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     77000 | PA      | $81146.07     | 0.19%             | 2027-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALLISON TRANSM 5.875% 06/01/29                | ALLISON TRANSMISSION INC REGD 144A P/P 5.87500000       | CUSIP: 019736AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    112000 | PA      | $112039.10    | 0.27%             | 2029-06-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| MOTION BONDCO  6.625% 11/15/27                | MOTION BONDCO DAC REGD 144A P/P 6.62500000              | CUSIP: 61978XAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    100000 | PA      | $94676.00     | 0.23%             | 2027-11-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| CUSHMAN & WAKE 8.875% 09/01/31                | CUSHMAN & WAKEFIELD US REGD 144A P/P 8.87500000         | CUSIP: 23166MAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $85665.04     | 0.20%             | 2031-09-01      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| SAKS GLOBAL ENTER 11% 12/15/29                | SAKS GLOBAL ENTERPRISES REGD 144A P/P 11.00000000       | CUSIP: 79380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    505000 | PA      | $306866.98    | 0.73%             | 2029-12-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| WYNN LAS VEGAS  5.25% 05/15/27                | WYNN LAS VEGAS LLC/CORP REGD 144A P/P 5.25000000        | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    203000 | PA      | $201103.61    | 0.48%             | 2027-05-15      | Fixed         | 5.25%                 | 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        |    110000 | PA      | $102568.98    | 0.24%             | 2031-02-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| KOHL'S CORPORA 4.625% 05/01/31                | KOHL'S CORPORATION REGD 4.62500000                      | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    117000 | PA      | $74440.08     | 0.18%             | 2031-05-01      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATIO 8.125% 01/15/29                | NCL CORPORATION LTD REGD 144A P/P 8.12500000            | CUSIP: 62886HBN0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    180000 | PA      | $188624.16    | 0.45%             | 2029-01-15      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN 4.25% 07/01/26                | ROYAL CARIBBEAN CRUISES REGD 144A P/P 4.25000000        | CUSIP: 780153BH4<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    150000 | PA      | $148054.23    | 0.35%             | 2026-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CHURCHILL DOWNS 6.75% 05/01/31                | CHURCHILL DOWNS INC REGD 144A P/P 6.75000000            | CUSIP: 171484AJ7<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    155000 | PA      | $156740.19    | 0.37%             | 2031-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| GLOBAL AUTO HO/ 8.75% 01/15/32                | GLOBAL AUTO HO/AAG FH UK REGD 144A P/P 8.75000000       | CUSIP: 00033GAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    120000 | PA      | $96226.20     | 0.23%             | 2032-01-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC 3.75% 05/01/29                | HILTON DOMESTIC OPERATIN REGD 144A P/P 3.75000000       | CUSIP: 432833AJ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $174123.83    | 0.41%             | 2029-05-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| VF CORP 6.45% 11/01/37                        | VF CORP REGD 6.45000000                                 | CUSIP: 918204AT5<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |     55000 | PA      | $46199.68     | 0.11%             | 2037-11-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE  5% 02/15/32                | ASBURY AUTOMOTIVE GROUP REGD 144A P/P 5.00000000        | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    136000 | PA      | $124061.32    | 0.30%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HOWARD HUGHES  5.375% 08/01/28                | HOWARD HUGHES CORP REGD 144A P/P 5.37500000             | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    172000 | PA      | $165868.54    | 0.39%             | 2028-08-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| SABRE GLBL INC 8.625% 06/01/27                | SABRE GLBL INC REGD 144A P/P 8.62500000                 | CUSIP: 78573NAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $138933.20    | 0.33%             | 2027-06-01      | Fixed         | 8.62%                 | Yes           |                  2 | On Loan: No      |
| RIVERS ENTERPR 6.625% 02/01/33                | RIVERS ENTERPRISE REGD 144A P/P 6.62500000              | CUSIP: 76883NAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $138289.20    | 0.33%             | 2033-02-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ODEON FINCO PL 12.75% 11/01/27                | ODEON FINCO PLC REGD 144A P/P 12.75000000               | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |     90000 | PA      | $91566.09     | 0.22%             | 2027-11-01      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| LITHIA MOTORS  3.875% 06/01/29                | LITHIA MOTORS INC REGD 144A P/P 3.87500000              | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    177000 | PA      | $164547.52    | 0.39%             | 2029-06-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN  7% 02/15/30                | CAESARS ENTERTAIN INC REGD 144A P/P 7.00000000          | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    453000 | PA      | $463993.54    | 1.10%             | 2030-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| COUGAR JV SUBSIDIA 8% 05/15/32                | COUGAR JV SUBSIDIARY LLC REGD 144A P/P 8.00000000       | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    155000 | PA      | $160938.36    | 0.38%             | 2032-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| MGM RESORTS INT 4.75% 10/15/28                | MGM RESORTS INTL REGD 4.75000000                        | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    190000 | PA      | $183400.12    | 0.44%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTI 4.875% 11/15/31                | SONIC AUTOMOTIVE INC REGD 144A P/P 4.87500000           | CUSIP: 83545GBE1<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    115000 | PA      | $105084.88    | 0.25%             | 2031-11-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| WYNN RESORTS F 7.125% 02/15/31                | WYNN RESORTS FINANCE LLC REGD 144A P/P 7.12500000       | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    220000 | PA      | $227172.88    | 0.54%             | 2031-02-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL  5.875% 03/15/30                | MACY'S RETAIL HLDGS LLC REGD 144A P/P 5.87500000        | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    110000 | PA      | $102567.40    | 0.24%             | 2030-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ADIENT GLOBAL H 8.25% 04/15/31                | ADIENT GLOBAL HOLDINGS REGD 144A P/P 8.25000000         | CUSIP: 00687YAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    115000 | PA      | $113954.14    | 0.27%             | 2031-04-15      | Fixed         | 8.25%                 | 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        |     85000 | PA      | $71102.83     | 0.17%             | 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        |    120000 | PA      | $111487.77    | 0.27%             | 2027-04-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GREAT CANADIAN  8.75% 11/15/29                | GREAT CANADIAN GAMING CO REGD 144A P/P 8.75000000       | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $124047.03    | 0.30%             | 2029-11-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| DANA INC 4.5% 02/15/32                        | DANA INC REGD 4.50000000                                | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     78000 | PA      | $70255.40     | 0.17%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEA 5.375% 07/15/27                | ROYAL CARIBBEAN CRUISES REGD 144A P/P 5.37500000        | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    227000 | PA      | $226895.08    | 0.54%             | 2027-07-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOT 4.625% 11/15/29                | ASBURY AUTOMOTIVE GROUP REGD 144A P/P 4.62500000        | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    180000 | PA      | $169478.03    | 0.40%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| PHINIA INC 6.625% 10/15/32                    | PHINIA INC REGD 144A P/P 6.62500000                     | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |     90000 | PA      | $88415.43     | 0.21%             | 2032-10-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTI 3.625% 02/15/32                | HILTON DOMESTIC OPERATIN REGD 144A P/P 3.62500000       | CUSIP: 432833AN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    337000 | PA      | $298416.57    | 0.71%             | 2032-02-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| CINEMARK USA INC 7% 08/01/32                  | CINEMARK USA INC REGD 144A P/P 7.00000000               | CUSIP: 172441BH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $133058.77    | 0.32%             | 2032-08-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| CUSHMAN & WAKEF 6.75% 05/15/28                | CUSHMAN & WAKEFIELD US REGD 144A P/P 6.75000000         | CUSIP: 23166MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    161000 | PA      | $161900.80    | 0.39%             | 2028-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ALLISON TRANSMI 4.75% 10/01/27                | ALLISON TRANSMISSION INC REGD 144A P/P 4.75000000       | CUSIP: 019736AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $88419.11     | 0.21%             | 2027-10-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| KENNEDY-WILSON  4.75% 03/01/29                | KENNEDY-WILSON INC REGD 4.75000000                      | CUSIP: 489399AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    134000 | PA      | $120829.42    | 0.29%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR AC 6.95% 09/15/26                | NISSAN MOTOR ACCEPTANCE REGD 144A P/P 6.95000000        | CUSIP: 65480CAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $70662.78     | 0.17%             | 2026-09-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| VAIL RESORTS INC 6.5% 05/15/32                | VAIL RESORTS INC REGD 144A P/P 6.50000000               | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |    140000 | PA      | $141909.74    | 0.34%             | 2032-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MGM RESORTS IN 4.625% 09/01/26                | MGM RESORTS INTL REGD 4.62500000                        | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94282.70     | 0.22%             | 2026-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING COR 4.75% 06/15/31                | BOYD GAMING CORP REGD 144A P/P 4.75000000               | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    208000 | PA      | $194124.32    | 0.46%             | 2031-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN 6.25% 03/15/32                | ROYAL CARIBBEAN CRUISES REGD 144A P/P 6.25000000        | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    285000 | PA      | $289513.69    | 0.69%             | 2032-03-15      | Fixed         | 6.25%                 | 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        |    262000 | PA      | $225719.87    | 0.54%             | 2029-04-16      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN  3.7% 03/15/28                | ROYAL CARIBBEAN CRUISES REGD 3.70000000                 | CUSIP: 780153AW2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    120000 | PA      | $115109.67    | 0.27%             | 2028-03-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BENTELER INTERN 10.5% 05/15/28                | BENTELER INTERNATIONAL A REGD 144A P/P 10.50000000      | CUSIP: 08263DAA4<br>LEI: 529900ZAFSOBVFCKF263 | Long             | DBT              | CORP              | AT        |    115000 | PA      | $117531.61    | 0.28%             | 2028-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION 7.75% 02/15/29                | NCL CORPORATION LTD REGD 144A P/P 7.75000000            | CUSIP: 62886HBG5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    135000 | PA      | $139446.63    | 0.33%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOTIV 4.5% 03/01/28                | ASBURY AUTOMOTIVE GROUP REGD SER WI 4.50000000          | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     95000 | PA      | $92049.65     | 0.22%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MICHAELS COS IN 5.25% 05/01/28                | MICHAELS COS INC/THE REGD 144A P/P 5.25000000           | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    193000 | PA      | $101533.56    | 0.24%             | 2028-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| ADVANCE AUTO PA 1.75% 10/01/27                | ADVANCE AUTO PARTS REGD 1.75000000                      | CUSIP: 00751YAF3<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     85000 | PA      | $76494.21     | 0.18%             | 2027-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR AC 7.05% 09/15/28                | NISSAN MOTOR ACCEPTANCE REGD 144A P/P 7.05000000        | CUSIP: 65480CAF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $163722.54    | 0.39%             | 2028-09-15      | Fixed         | 7.05%                 | Yes           |                  2 | On Loan: No      |
| NCL FINANCE LT 6.125% 03/15/28                | NCL FINANCE LTD REGD 144A P/P 6.12500000                | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    122000 | PA      | $121214.66    | 0.29%             | 2028-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| NORDSTROM INC 5% 01/15/44                     | NORDSTROM INC REGD 5.00000000                           | CUSIP: 655664AR1<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    224000 | PA      | $159149.76    | 0.38%             | 2044-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & 5.25% 07/15/31                | GOODYEAR TIRE & RUBBER REGD 5.25000000                  | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    137000 | PA      | $127728.99    | 0.30%             | 2031-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL L 8.5% 05/15/27                | CLARIOS GLOBAL LP/US FIN REGD 144A P/P 8.50000000       | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    345000 | PA      | $346914.41    | 0.83%             | 2027-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| LCM INVESTMENT 4.875% 05/01/29                | LCM INVESTMENTS HOLDINGS REGD 144A P/P 4.87500000       | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |    205000 | PA      | $194029.12    | 0.46%             | 2029-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP 5.75% 03/15/30                  | CARNIVAL CORP REGD 144A P/P 5.75000000                  | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    230000 | PA      | $228544.86    | 0.54%             | 2030-03-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| FOOT LOCKER INC 4% 10/01/29                   | FOOT LOCKER INC REGD 144A P/P 4.00000000                | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |     94000 | PA      | $76313.79     | 0.18%             | 2029-10-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| UNDER ARMOUR IN 3.25% 06/15/26                | UNDER ARMOUR INC REGD 3.25000000                        | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |    140000 | PA      | $135643.33    | 0.32%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEA 5.625% 09/30/31                | ROYAL CARIBBEAN CRUISES REGD 144A P/P 5.62500000        | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    345000 | PA      | $342603.63    | 0.82%             | 2031-09-30      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| WAND NEWCO 3 I 7.625% 01/30/32                | WAND NEWCO 3 INC REGD 144A P/P 7.62500000               | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |    290000 | PA      | $299082.51    | 0.71%             | 2032-01-30      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| INTERNATIONAL G 6.25% 01/15/27                | INTERNATIONAL GAME TECH REGD 144A P/P 6.25000000        | CUSIP: 460599AD5<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    175000 | PA      | $175947.80    | 0.42%             | 2027-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PENSKE AUTOMOTI 3.75% 06/15/29                | PENSKE AUTOMOTIVE GROUP REGD 3.75000000                 | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    115000 | PA      | $106746.74    | 0.25%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MCLAREN FINANCE  7.5% 08/01/26                | MCLAREN FINANCE PLC REGD 144A P/P 7.50000000            | CUSIP: 58175LAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    141000 | PA      | $141383.34    | 0.34%             | 2026-08-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ADVANCE AUTO PA 5.95% 03/09/28                | ADVANCE AUTO PARTS REGD 5.95000000                      | CUSIP: 00751YAJ5<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64519.98     | 0.15%             | 2028-03-09      | Fixed         | 5.95%                 | No            |                  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        |     90000 | PA      | $90587.37     | 0.22%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR AC 2.45% 09/15/28                | NISSAN MOTOR ACCEPTANCE REGD 144A P/P MTN 2.45000000    | CUSIP: 65480CAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $75188.23     | 0.18%             | 2028-09-15      | Fixed         | 2.45%                 | Yes           |                  2 | On Loan: No      |
| LIGHT & WONDER INT 7% 05/15/28                | LIGHT & WONDER INTL INC REGD 144A P/P 7.00000000        | CUSIP: 80874YBC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    157000 | PA      | $157175.21    | 0.37%             | 2028-05-15      | Fixed         | 7.00%                 | 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              | JE        |    115000 | PA      | $107843.74    | 0.26%             | 2054-12-15      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPI 10% 03/31/29                | ASTON MARTIN CAPITAL HOL REGD 144A P/P 10.00000000      | CUSIP: 04625HAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |    240000 | PA      | $206504.81    | 0.49%             | 2029-03-31      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL HL 4.5% 12/15/34                | MACY'S RETAIL HLDGS LLC REGD 4.50000000                 | CUSIP: 55616XAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $61014.50     | 0.15%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERT 6.75% 01/15/30                | FERTITTA ENTERTAINMENT REGD 144A P/P 6.75000000         | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    287000 | PA      | $251411.37    | 0.60%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  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        |    160000 | PA      | $146372.58    | 0.35%             | 2030-09-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| JACOBS ENTERTAI 6.75% 02/15/29                | JACOBS ENTERTAINMENT INC REGD 144A P/P 6.75000000       | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |    120000 | PA      | $109333.80    | 0.26%             | 2029-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MGM RESORTS IN 6.125% 09/15/29                | MGM RESORTS INTL REGD 6.12500000                        | CUSIP: 552953CK5<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    195000 | PA      | $194298.06    | 0.46%             | 2029-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| LINDBLAD EXPEDI 6.75% 02/15/27                | LINDBLAD EXPEDITIONS LLC REGD 144A P/P 6.75000000       | CUSIP: 53523LAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     83000 | PA      | $82802.34     | 0.20%             | 2027-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| ONT GAMING GTA/OTG 8% 08/01/30                | ONT GAMING GTA/OTG CO-IS REGD 144A P/P 8.00000000       | CUSIP: 68306MAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     95000 | PA      | $91509.26     | 0.22%             | 2030-08-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| VIKING CRUISES LTD 7% 02/15/29                | VIKING CRUISES LTD REGD 144A P/P 7.00000000             | CUSIP: 92676XAF4<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    115000 | PA      | $115520.18    | 0.27%             | 2029-02-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| QVC INC 6.875% 04/15/29                       | QVC INC REGD 144A P/P 6.87500000                        | CUSIP: 747262BA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $89791.90     | 0.21%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| FULL HOUSE RESO 8.25% 02/15/28                | FULL HOUSE RESORTS INC REGD 144A P/P 8.25000000         | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |     93000 | PA      | $87134.00     | 0.21%             | 2028-02-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| SIX FLAGS/CANADA 6.5% 10/01/28                | SIX FLAGS/CANADA WON REGD SER WI 6.50000000             | CUSIP: 150190AK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     77000 | PA      | $77467.31     | 0.18%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERT 5.5% 04/15/27                | SIX FLAGS ENTERTAINME REGD 144A P/P 5.50000000          | CUSIP: 83001AAC6<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    120000 | PA      | $118799.00    | 0.28%             | 2027-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATIO 5.875% 02/15/27                | NCL CORPORATION LTD REGD 144A P/P 5.87500000            | CUSIP: 62886HBE0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    230000 | PA      | $229085.82    | 0.55%             | 2027-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ANYWHERE RE GRP 5.75% 01/15/29                | ANYWHERE RE GRP/REALOGY REGD 144A P/P 5.75000000        | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    129000 | PA      | $102007.11    | 0.24%             | 2029-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| WYNN RESORTS F 5.125% 10/01/29                | WYNN RESORTS FINANCE LLC REGD 144A P/P 5.12500000       | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    172000 | PA      | $166021.31    | 0.40%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | 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              | LR        |    230000 | PA      | $230266.11    | 0.55%             | 2026-08-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR AC 1.85% 09/16/26                | NISSAN MOTOR ACCEPTANCE REGD 144A P/P MTN 1.85000000    | CUSIP: 65480CAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $217304.32    | 0.52%             | 2026-09-16      | Fixed         | 1.85%                 | Yes           |                  2 | On Loan: No      |
| HANESBRANDS INC 9% 02/15/31                   | HANESBRANDS INC REGD 144A P/P 9.00000000                | CUSIP: 410345AQ5<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | DBT              | CORP              | US        |    140000 | PA      | $145205.29    | 0.35%             | 2031-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL HL 4.3% 02/15/43                | MACY'S RETAIL HLDGS LLC REGD 4.30000000                 | CUSIP: 55616XAJ6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     55000 | PA      | $33076.23     | 0.08%             | 2043-02-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| EVERGREEN ACQCO 9.75% 04/26/28                | EVERGREEN ACQCO/TVI INC REGD 144A P/P 9.75000000        | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $98201.03     | 0.23%             | 2028-04-26      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAIN  6% 10/15/32                | CAESARS ENTERTAIN INC REGD 144A P/P 6.00000000          | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    250000 | PA      | $235842.19    | 0.56%             | 2032-10-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| MOTION FINCO S 8.375% 02/15/32                | MOTION FINCO SARL REGD 144A P/P 8.37500000              | CUSIP: 61980LAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     95000 | PA      | $90031.56     | 0.21%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| FERTITTA ENTER 4.625% 01/15/29                | FERTITTA ENTERTAINMENT REGD 144A P/P 4.62500000         | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    228000 | PA      | $211433.57    | 0.50%             | 2029-01-15      | Fixed         | 4.62%                 | 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        |    415000 | PA      | $444879.78    | 1.06%             | 2027-02-15      | Fixed         | 11.25%                | 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        |     70000 | PA      | $68118.48     | 0.16%             | 2030-07-27      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| DEALER TIRE LLC/DT 8% 02/01/28                | DEALER TIRE LLC/DT ISSR REGD 144A P/P 8.00000000        | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $116560.93    | 0.28%             | 2028-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CARNIVAL CORP 6.125% 02/15/33                 | CARNIVAL CORP REGD 144A P/P 6.12500000                  | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    460000 | PA      | $456397.83    | 1.09%             | 2033-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE & 5.25% 04/30/31                | GOODYEAR TIRE & RUBBER REGD 5.25000000                  | CUSIP: 382550BJ9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    128000 | PA      | $119373.03    | 0.28%             | 2031-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WOR 6.95% 03/01/33                | BATH & BODY WORKS INC REGD 6.95000000                   | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     65000 | PA      | $64458.39     | 0.15%             | 2033-03-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| VICTRA HLDG/VIC 8.75% 09/15/29                | VICTRA HLDG/VICTRA FIN REGD 144A P/P 8.75000000         | CUSIP: 92648DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $101650.60    | 0.24%             | 2029-09-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| LIVE NATION ENT 3.75% 01/15/28                | LIVE NATION ENTERTAINMEN REGD 144A P/P 3.75000000       | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    120000 | PA      | $115012.68    | 0.27%             | 2028-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| WILLIAM CARTER 5.625% 03/15/27                | WILLIAM CARTER REGD 144A P/P 5.62500000                 | CUSIP: 96926JAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $112096.41    | 0.27%             | 2027-03-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| INTERNATIONAL  4.125% 04/15/26                | INTERNATIONAL GAME TECH REGD 144A P/P 4.12500000        | CUSIP: 460599AF0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    175000 | PA      | $172871.18    | 0.41%             | 2026-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN  5.5% 04/01/28                | ROYAL CARIBBEAN CRUISES REGD 144A P/P 5.50000000        | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    342000 | PA      | $341905.54    | 0.81%             | 2028-04-01      | Fixed         | 5.50%                 | 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        |    112000 | PA      | $100320.75    | 0.24%             | 2030-04-01      | Fixed         | 4.38%                 | 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        |    460000 | PA      | $486506.33    | 1.16%             | 2029-04-15      | Fixed         | 9.75%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION 6.25% 03/01/30                | NCL CORPORATION LTD REGD 144A P/P 6.25000000            | CUSIP: 62886HBP5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |     75000 | PA      | $73227.36     | 0.17%             | 2030-03-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GOODYEAR TIRE & RU 5% 07/15/29                | GOODYEAR TIRE & RUBBER REGD 5.00000000                  | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    200000 | PA      | $190454.40    | 0.45%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES 4% 10/15/29                   | THOR INDUSTRIES REGD 144A P/P 4.00000000                | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |    115000 | PA      | $103571.81    | 0.25%             | 2029-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PREMIER ENTERT 5.625% 09/01/29                | PREMIER ENTERTAINMENT SU REGD 144A P/P 5.62500000       | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    182000 | PA      | $107380.00    | 0.26%             | 2029-09-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| CLARIOS GLOBAL  6.75% 05/15/28                | CLARIOS GLOBAL LP/US FIN REGD 144A P/P 6.75000000       | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    175000 | PA      | $177884.70    | 0.42%             | 2028-05-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIO 9% 05/15/28                | LINDBLAD EXPEDITIONS HO REGD 144A P/P 9.00000000        | CUSIP: 535219AA7<br>LEI: 549300GSPW24GZE6R597 | Long             | DBT              | CORP              | US        |     65000 | PA      | $66852.63     | 0.16%             | 2028-05-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| ALLISON TRANSMI 3.75% 01/30/31                | ALLISON TRANSMISSION INC REGD 144A P/P 3.75000000       | CUSIP: 019736AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    230000 | PA      | $206839.58    | 0.49%             | 2031-01-30      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| SIX FLAGS ENTER 7.25% 05/15/31                | SIX FLAGS ENTERTAINME REGD 144A P/P 7.25000000          | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    185000 | PA      | $187689.37    | 0.45%             | 2031-05-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| PETSMART INC/PE 7.75% 02/15/29                | PETSMART INC/PETSMART FI REGD 144A P/P 7.75000000       | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    265000 | PA      | $247212.03    | 0.59%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| PREMIER ENTERT 5.875% 09/01/31                | PREMIER ENTERTAINMENT SU REGD 144A P/P 5.87500000       | CUSIP: 74052HAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    162000 | PA      | $85050.00     | 0.20%             | 2031-09-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| RESORTS WORLD/ 4.625% 04/06/31                | RESORTS WORLD/RWLV CAP REGD 144A P/P 4.62500000         | CUSIP: 76120HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $60183.66     | 0.14%             | 2031-04-06      | Fixed         | 4.62%                 | Yes           |                  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        |    110000 | PA      | $105738.60    | 0.25%             | 2029-08-15      | Fixed         | 11.50%                | Yes           |                  2 | On Loan: No      |
| SONIC AUTOMOTI 4.625% 11/15/29                | SONIC AUTOMOTIVE INC REGD 144A P/P 4.62500000           | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    148000 | PA      | $138991.97    | 0.33%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| BATH & BODY WOR 6.75% 07/01/36                | BATH & BODY WORKS INC REGD 6.75000000                   | CUSIP: 501797AM6<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    135000 | PA      | $133022.90    | 0.32%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CARNIVAL CORP 6% 05/01/29                     | CARNIVAL CORP REGD 144A P/P 6.00000000                  | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |    462000 | PA      | $459772.05    | 1.09%             | 2029-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| MICHAELS COS I 7.875% 05/01/29                | MICHAELS COS INC/THE REGD 144A P/P 7.87500000           | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    247000 | PA      | $86121.59     | 0.20%             | 2029-05-01      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| JAGUAR LAND RO 5.875% 01/15/28                | JAGUAR LAND ROVER AUTOMO REGD 144A P/P 5.87500000       | CUSIP: 47010BAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    125000 | PA      | $123480.64    | 0.29%             | 2028-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| VF CORP 2.95% 04/23/30                        | VF CORP REGD 2.95000000                                 | CUSIP: 918204BC1<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    165000 | PA      | $136018.92    | 0.32%             | 2030-04-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSH 4.5% 06/15/29                | MARRIOTT OWNERSHIP RESOR REGD 144A P/P 4.50000000       | CUSIP: 57164PAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    102000 | PA      | $93139.03     | 0.22%             | 2029-06-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| FORESTAR GROUP I 6.5% 03/15/33                | FORESTAR GROUP INC REGD 144A P/P 6.50000000             | CUSIP: 346232AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $111956.46    | 0.27%             | 2033-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTIC OP 4% 05/01/31                | HILTON DOMESTIC OPERATIN REGD 144A P/P 4.00000000       | CUSIP: 432833AL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    252000 | PA      | $231326.50    | 0.55%             | 2031-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| INTERNATIONAL G 5.25% 01/15/29                | INTERNATIONAL GAME TECH REGD 144A P/P 5.25000000        | CUSIP: 460599AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    165000 | PA      | $161470.25    | 0.38%             | 2029-01-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CHURCHILL DOWNS 4.75% 01/15/28                | CHURCHILL DOWNS INC REGD 144A P/P 4.75000000            | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    160000 | PA      | $155186.70    | 0.37%             | 2028-01-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| SIX FLAGS/CANAD 5.25% 07/15/29                | SIX FLAGS/CANADA WON REGD 5.25000000                    | CUSIP: 150190AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $114214.86    | 0.27%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS  4.5% 02/15/28                | STATION CASINOS LLC REGD 144A P/P 4.50000000            | CUSIP: 857691AG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    156000 | PA      | $150646.83    | 0.36%             | 2028-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| BATH & BODY WO 6.625% 10/01/30                | BATH & BODY WORKS INC REGD 144A P/P 6.62500000          | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    192000 | PA      | $195577.15    | 0.47%             | 2030-10-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| PENN ENTERTAIN 5.625% 01/15/27                | PENN ENTERTAINMENT INC REGD 144A P/P 5.62500000         | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $98496.01     | 0.23%             | 2027-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTI 5.875% 04/01/29                | HILTON DOMESTIC OPERATIN REGD 144A P/P 5.87500000       | CUSIP: 432833AP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $126395.70    | 0.30%             | 2029-04-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| RAKUTEN GROUP INC V/R /PERP/                  | RAKUTEN GROUP INC REGD V/R /PERP/ 144A P/P 8.12500000   | CUSIP: 75102WAM0<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $118200.17    | 0.28%             | 2173-06-15      | Variable      | 8.12%                 | Yes           |                  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        |     87000 | PA      | $81089.94     | 0.19%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| KEN GARFF AUTO 4.875% 09/15/28                | KEN GARFF AUTOMOTIVE LLC REGD 144A P/P 4.87500000       | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93000 | PA      | $89894.20     | 0.21%             | 2028-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| DANA INC 5.375% 11/15/27                      | DANA INC REGD 5.37500000                                | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     94000 | PA      | $93448.94     | 0.22%             | 2027-11-15      | Fixed         | 5.38%                 | 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        |    110000 | PA      | $95831.67     | 0.23%             | 2031-07-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ZF NA CAPITAL 7.125% 04/14/30                 | ZF NA CAPITAL REGD 144A P/P 7.12500000                  | CUSIP: 98877DAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    130000 | PA      | $119765.88    | 0.28%             | 2030-04-14      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL  6.125% 03/15/32                | MACY'S RETAIL HLDGS LLC REGD 144A P/P 6.12500000        | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $90198.20     | 0.21%             | 2032-03-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERT 8.125% 07/01/27                | CAESARS ENTERTAIN INC REGD 144A P/P 8.12500000          | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    129000 | PA      | $129491.62    | 0.31%             | 2027-07-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| VIKING CRUISES 5.875% 09/15/27                | VIKING CRUISES LTD REGD 144A P/P 5.87500000             | CUSIP: 92676XAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    190000 | PA      | $189762.62    | 0.45%             | 2027-09-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ZF NA CAPITAL 6.875% 04/23/32                 | ZF NA CAPITAL REGD 144A P/P 6.87500000                  | CUSIP: 98877DAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    160000 | PA      | $140595.34    | 0.33%             | 2032-04-23      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| LCM INVESTMENTS 8.25% 08/01/31                | LCM INVESTMENTS HOLDINGS REGD 144A P/P 8.25000000       | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |    220000 | PA      | $230319.98    | 0.55%             | 2031-08-01      | Fixed         | 8.25%                 | 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        |     87000 | PA      | $76159.49     | 0.18%             | 2031-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| ZF NA CAPITAL 6.75% 04/23/30                  | ZF NA CAPITAL REGD 144A P/P 6.75000000                  | CUSIP: 98877DAF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $169000.87    | 0.40%             | 2030-04-23      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| STATION CASINO 4.625% 12/01/31                | STATION CASINOS LLC REGD 144A P/P 4.62500000            | CUSIP: 857691AH2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $108570.89    | 0.26%             | 2031-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| RAKUTEN GROUP INC V/R /PERP/                  | RAKUTEN GROUP INC REGD V/R /PERP/ 144A P/P 5.12500000   | CUSIP: 75102WAA6<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |    175000 | PA      | $165910.52    | 0.39%             | 2173-10-22      | Variable      | 5.12%                 | Yes           |                  2 | On Loan: No      |
| LIGHT & WONDER I 7.5% 09/01/31                | LIGHT & WONDER INTL INC REGD 144A P/P 7.50000000        | CUSIP: 531968AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $128526.35    | 0.31%             | 2031-09-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BATH & BODY WO 6.694% 01/15/27                | BATH & BODY WORKS INC REGD 6.69400000                   | CUSIP: 501797AQ7<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61198.14     | 0.15%             | 2027-01-15      | Fixed         | 6.69%                 | 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        |    155200 | PA      | $137835.62    | 0.33%             | 2030-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| KENNEDY-WILSON  4.75% 02/01/30                | KENNEDY-WILSON INC REGD 4.75000000                      | CUSIP: 489399AN5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    138000 | PA      | $121847.10    | 0.29%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  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        |    185000 | PA      | $169440.80    | 0.40%             | 2029-10-31      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| MIDWEST GMNG B 4.875% 05/01/29                | MIDWEST GMNG BOR/MWG FIN REGD 144A P/P 4.87500000       | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    167000 | PA      | $157815.53    | 0.38%             | 2029-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| QVC INC 5.45% 08/15/34                        | QVC INC REGD SER WI 5.45000000                          | CUSIP: 747262AW3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     93000 | PA      | $45704.11     | 0.11%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING COR 4.75% 12/01/27                | BOYD GAMING CORP REGD SER WI 4.75000000                 | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    230000 | PA      | $225709.24    | 0.54%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HUNT COS INC 5.25% 04/15/29                   | HUNT COS INC REGD 144A P/P 5.25000000                   | CUSIP: 445587AE8<br>LEI: 549300ODPWDNCH5TKM49 | Long             | DBT              | CORP              | US        |    146000 | PA      | $138830.63    | 0.33%             | 2029-04-15      | Fixed         | 5.25%                 | 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              | BM        |    155000 | PA      | $165855.43    | 0.39%             | 2031-07-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| MAGNERA CORP 4.75% 11/15/29                   | MAGNERA CORP REGD 144A P/P 4.75000000                   | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |     80000 | PA      | $69813.60     | 0.17%             | 2029-11-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| EVERI HOLDINGS INC 5% 07/15/29                | EVERI HOLDINGS INC REGD 144A P/P 5.00000000             | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |     94000 | PA      | $94392.17     | 0.22%             | 2029-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PETSMART INC/PE 4.75% 02/15/28                | PETSMART INC/PETSMART FI REGD 144A P/P 4.75000000       | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    277000 | PA      | $265056.34    | 0.63%             | 2028-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CHAMP ACQUISIT 8.375% 12/01/31                | CHAMP ACQUISITION CORP REGD 144A P/P 8.37500000         | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    115000 | PA      | $121437.36    | 0.29%             | 2031-12-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| MGM RESORTS INTL 6.5% 04/15/32                | MGM RESORTS INTL REGD 6.50000000                        | CUSIP: 552953CJ8<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    170000 | PA      | $167639.36    | 0.40%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VELOCITY VEHICLE G 8% 06/01/29                | VELOCITY VEHICLE GROUP REGD 144A P/P 8.00000000         | CUSIP: 92262TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $121356.24    | 0.29%             | 2029-06-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| LEVI STRAUSS & C 3.5% 03/01/31                | LEVI STRAUSS & CO REGD 144A P/P 3.50000000              | CUSIP: 52736RBJ0<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |    110000 | PA      | $96528.22     | 0.23%             | 2031-03-01      | Fixed         | 3.50%                 | 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        |    165000 | PA      | $146465.43    | 0.35%             | 2031-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| MACY'S RETAIL  5.125% 01/15/42                | MACY'S RETAIL HLDGS LLC REGD 5.12500000                 | CUSIP: 55616XAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68000 | PA      | $44734.00     | 0.11%             | 2042-01-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GENTING NY LLC/ 7.25% 10/01/29                | GENTING NY LLC/GENNY CAP REGD 144A P/P 7.25000000       | CUSIP: 37255JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    140000 | PA      | $140010.61    | 0.33%             | 2029-10-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| FORESTAR GROUP INC 5% 03/01/28                | FORESTAR GROUP INC REGD 144A P/P 5.00000000             | CUSIP: 346232AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     70000 | PA      | $68077.21     | 0.16%             | 2028-03-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERT 4.625% 10/15/29                | CAESARS ENTERTAIN INC REGD 144A P/P 4.62500000          | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    275000 | PA      | $254146.31    | 0.60%             | 2029-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CLARIOS GLOBAL  6.75% 02/15/30                | CLARIOS GLOBAL LP/US FIN REGD 144A P/P 6.75000000       | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    160000 | PA      | $162928.00    | 0.39%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| EMPIRE RESORTS  7.75% 11/01/26                | EMPIRE RESORTS INC REGD 144A P/P 7.75000000             | CUSIP: 292052AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     68000 | PA      | $64726.68     | 0.15%             | 2026-11-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| AFFINITY INTER 6.875% 12/15/27                | AFFINITY INTERACTIVE REGD 144A P/P 6.87500000           | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    120000 | PA      | $86149.80     | 0.20%             | 2027-12-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| NISSAN MOTOR ACC 5.3% 09/13/27                | NISSAN MOTOR ACCEPTANCE REGD 144A P/P MTN 5.30000000    | CUSIP: 65480CAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     90000 | PA      | $88301.98     | 0.21%             | 2027-09-13      | Fixed         | 5.30%                 | 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        |    115000 | PA      | $104050.10    | 0.25%             | 2027-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CLARIOS GLOBAL  6.25% 05/15/26                | CLARIOS GLOBAL LP/US FIN REGD 144A P/P 6.25000000       | CUSIP: 69867DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    105000 | PA      | $105427.04    | 0.25%             | 2026-05-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION 6.75% 02/01/32                | NCL CORPORATION LTD REGD 144A P/P 6.75000000            | CUSIP: 62886HBR1<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    415000 | PA      | $405506.67    | 0.96%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| REAL HERO MERGE 6.25% 02/01/29                | REAL HERO MERGER SUB 2 REGD 144A P/P 6.25000000         | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $108322.76    | 0.26%             | 2029-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CR 6% 02/01/33                | ROYAL CARIBBEAN CRUISES REGD 144A P/P 6.00000000        | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    455000 | PA      | $456566.51    | 1.09%             | 2033-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | 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        |    110000 | PA      | $99083.72     | 0.24%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC 10.75% 11/15/29                | SABRE GLBL INC REGD 144A P/P 10.75000000                | CUSIP: 78573NAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    198000 | PA      | $189337.50    | 0.45%             | 2029-11-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| KENNEDY-WILSON INC 5% 03/01/31                | KENNEDY-WILSON INC REGD 5.00000000                      | CUSIP: 489399AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    145000 | PA      | $124215.70    | 0.30%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE &  6.5% 04/01/27                | AMERICAN AXLE & MFG INC REGD SER WI 6.50000000          | CUSIP: 02406PAU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $102541.31    | 0.24%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORK 7.5% 06/15/29                | BATH & BODY WORKS INC REGD 7.50000000                   | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112569.93    | 0.27%             | 2029-06-15      | Fixed         | 7.50%                 | No            |                  2 | 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        |    155000 | PA      | $148212.16    | 0.35%             | 2028-04-14      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| HILTON DOMESTI 5.875% 03/15/33                | HILTON DOMESTIC OPERATIN REGD 144A P/P 5.87500000       | CUSIP: 432833AR2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    235000 | PA      | $235036.71    | 0.56%             | 2033-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| GREYSTAR REAL E 7.75% 09/01/30                | GREYSTAR REAL ESTATE PAR REGD 144A P/P 7.75000000       | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |     95000 | PA      | $99847.28     | 0.24%             | 2030-09-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| LIVE NATION ENTE 6.5% 05/15/27                | LIVE NATION ENTERTAINMEN REGD 144A P/P 6.50000000       | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    277000 | PA      | $280215.69    | 0.67%             | 2027-05-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| WYNN RESORTS FI 6.25% 03/15/33                | WYNN RESORTS FINANCE LLC REGD 144A P/P 6.25000000       | CUSIP: 983133AD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $188628.74    | 0.45%             | 2033-03-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| GAP INC/THE 3.625% 10/01/29                   | GAP INC/THE REGD 144A P/P 3.62500000                    | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    167000 | PA      | $151212.34    | 0.36%             | 2029-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| HILTON WORLDWI 4.875% 04/01/27                | HILTON WORLDWIDE FIN LLC REGD SER WI 4.87500000         | CUSIP: 432891AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    135000 | PA      | $134606.50    | 0.32%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KONTOOR BRANDS 4.125% 11/15/29                | KONTOOR BRANDS INC REGD 144A P/P 4.12500000             | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |     89000 | PA      | $81883.37     | 0.19%             | 2029-11-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| SC GAMES HOLDI 6.625% 03/01/30                | SC GAMES HOLDIN/US FINCO REGD 144A P/P 6.62500000       | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    183000 | PA      | $174394.57    | 0.41%             | 2030-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** BondBloxx ETF Trust

**Signature:** Tony Kelly

**Name of Signer:** Tony Kelly

**Title:** Treasurer