# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001752724-23-074172
**Filing Date:** 2023-3
**Character Count:** 175204
**Document Hash:** 422833889a0789a799c0b5ce143cb32a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-074172.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0001752724-23-074172

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230330

**DATE AS OF CHANGE**: 20230330

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000908695
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 23779315

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### High Income Fund (Series ID: S000012898)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000034867 | High Income Fund Shares               | USHYX           |
| C000066837 | High Income Fund Institutional Shares | UIHIX           |
| C000175747 | High Income Fund R6 Shares            | URHIX           |
| C000220608 | High Income Fund Class A              | UHYOX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** USAA Mutual Funds Trust

- **b. Investment Company Act file number:** 811-07852

- **c. CIK number of Registrant:** 0000908695

- **d. LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-235-8396

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

- **a. Name of Series:** High Income Fund

- **b. EDGAR series identifier (if any):** S000012898

- **c. LEI of Series:** 549300YX3N277LJWQZ46

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

- **a. Date of fiscal year-end:** 2023-07-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1096148078.84

**Total Liabilities:** $68036350.77

**Net Assets:** $1028111728.07

**Cash Not Reported:** $1643308.63

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -204.89986865 | **1-Year:** -2569.55500242 | **5-Year:** -10777.02424005 | **10-Year:** -13693.15351994 | **30-Year:** -758.42310720

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

- **3-Month:** -1441.42365767 | **1-Year:** -51877.56756919 | **5-Year:** -196733.24523721 | **10-Year:** -80002.70622773 | **30-Year:** -3485.80769926

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000066837 | 2.43%                | -0.68%               | 3.94%                |
| Class ID C000220608 | 2.39%                | -0.70%               | 3.91%                |
| Class ID C000034867 | 2.41%                | -0.69%               | 3.93%                |
| Class ID C000175747 | 2.43%                | -0.67%               | 3.93%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2953657.99             | $21715980.93                               |
| Month 2  | $-4806935.99             | $-8427661.92                               |
| Month 3  | $-7440307.04             | $40709843.82                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| THE GAP, INC.                                                      | GAP INC THE                                        | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1122810.00   | 0.11%             | 2031-10-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                          | REGAL REXNORD CORP                                 | CUSIP: 758750AF0<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   2686000 | PA      | $2750625.16   | 0.27%             | 2033-04-15      | Fixed         | 6.40%                 | Yes           |                  2 | On Loan: No      |
| AUTONATION, INC.                                                   | AUTONATION INC                                     | CUSIP: 05329WAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $762800.00    | 0.07%             | 2031-08-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING S.A.                                              | ALTICE FINANCING SA                                | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   5000000 | PA      | $4211000.00   | 0.41%             | 2029-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| THE E.W. SCRIPPS COMPANY                                           | SCRIPPS ESCROW II INC                              | CUSIP: 81105DAB1<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3226520.00   | 0.31%             | 2031-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST, INC.                                      | STARWOOD PROPERTY TRUST INC                        | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $899570.00    | 0.09%             | 2027-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAPITAL LLC                                         | OUTFRONT MEDIA CAP LLC C                           | CUSIP: 69007TAC8<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2148000.00   | 0.21%             | 2030-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                      | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1862800.00   | 0.18%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance Public Limited Company              | ARDAGH METAL PACKAGING                             | CUSIP: 03969YAB4<br>LEI: 635400FSFRHBFVPTP424 | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $828060.00    | 0.08%             | 2029-09-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Air Canada Pass Through Trust                                      | AIR CANADA 2013 1 CLASS A PTT                      | CUSIP: 009089AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   4537470 | PA      | $4199474.18   | 0.41%             | 2026-11-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                                  | CSC HOLDINGS LLC                                   | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3898035.00   | 0.38%             | 2029-02-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| NORTHWEST FIBER, LLC                                               | NORTHWEST FIBER LLC                                | CUSIP: 667449AC6<br>LEI: 254900LE3FBC16P2QY79 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1651880.00   | 0.16%             | 2028-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| OWL ROCK CORE INCOME CORP.                                         | OWL ROCK CORE INCOME CORP                          | CUSIP: 69120VAL5<br>LEI: 5493003I42XBWPE05N35 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $976140.00    | 0.09%             | 2025-03-21      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD.                                       | ROYAL CARIBBEAN CRUISES LTD                        | CUSIP: 780153BR2<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1500000 | PA      | $1585395.00   | 0.15%             | 2029-01-15      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| UNITED STATES STEEL CORPORATION                                    | UNITED STATES STEEL CORP                           | CUSIP: 912909AU2<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |    903000 | PA      | $912761.43    | 0.09%             | 2029-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| ENTEGRIS, INC.                                                     | ENTEGRIS INC                                       | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $856010.00    | 0.08%             | 2029-05-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: —       |
| CCO HOLDINGS, LLC                                                  | CCO HLDGS LLC CAP CORP                             | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2137450.00   | 0.21%             | 2030-08-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                   | TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV     | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   3000000 | PA      | $3015360.00   | 0.29%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| QWEST CORPORATION                                                  | QWEST CORP PFD                                     | CUSIP: 74913G881<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |    135286 | NS      | $2786891.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT OWNERSHIP RESORTS, INC.                                   | MARRIOTT OWNERSHIP RESOR                           | CUSIP: 57164PAF3<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1824960.00   | 0.18%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC.                                              | NEPTUNE BIDCO US INC                               | CUSIP: 64069JAC6<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2745000.00   | 0.27%             | 2029-04-11      | Floating      | 9.74%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS COMPANY LLC                                      | VISTRA OPERATIONS CO LLC                           | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4703000.00   | 0.46%             | 2027-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTIONS INC.                                   | STANDARD INDUSTRIES INC NJ                         | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2572140.00   | 0.25%             | 2030-07-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| TENET HEALTHCARE CORPORATION                                       | TENET HEALTHCARE CORP                              | CUSIP: 88033GAV2<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4619200.00   | 0.45%             | 2031-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PULTEGROUP, INC.                                                   | PULTEGROUP INC                                     | CUSIP: 745867AT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1016960.00   | 0.10%             | 2035-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO.                                               | TRAVEL LEISURE CO                                  | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1726260.00   | 0.17%             | 2029-12-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| SM ENERGY COMPANY                                                  | SM ENERGY CO                                       | CUSIP: 78454LAL4<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2940930.00   | 0.29%             | 2025-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| JABIL INC.                                                         | JABIL INC                                          | CUSIP: 46652MP25<br>LEI: 5493000CGCQY2OQU7669 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9997186.70   | 0.97%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT, INC.                                        | COLT MERGER SUB INC                                | CUSIP: 28470RAK8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1522500.00   | 0.15%             | 2027-07-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| ZOOMINFO TECHNOLOGIES LLC                                          | ZOOMINFO TECHNOLOGIES LLC ZOOMINFO FINANCE CORP    | CUSIP: 98981BAA0<br>LEI: 254900NOX7TLOJ3WS309 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3881745.00   | 0.38%             | 2029-02-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| NEXSTAR ESCROW, INC.                                               | NEXSTAR ESCROW INC                                 | CUSIP: 65343HAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3810720.00   | 0.37%             | 2027-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| EVERGREEN CREDIT CARD TRUST                                        | EVERGREEN CREDIT CARD TRUST                        | CUSIP: 30023JCB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3007657.50   | 0.29%             | 2026-11-15      | Fixed         | 7.44%                 | Yes           |                  2 | On Loan: No      |
| PRESTIGE BRANDS, INC.                                              | PRESTIGE BRANDS INC                                | CUSIP: 74112BAM7<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $2969435.00   | 0.29%             | 2031-04-01      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| 720 EAST CLO LTD                                                   | 720 EAST CLO 2022 I LTD                            | CUSIP: 81785AAG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9500000 | PA      | $9258149.00   | 0.90%             | 2036-01-20      | Floating      | 10.67%                | Yes           |                  2 | On Loan: No      |
| Empresa Electrica Cochrane SpA                                     | EMPRESA ELECTRICA COCHRA                           | CUSIP: 29246XAB6<br>LEI: 5493000S11JF8TJHYT07 | Long             | DBT              | CORP              | CL        |   1990800 | PA      | $1900318.14   | 0.18%             | 2027-05-14      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                               | IHO VERWALTUNGS GMBH                               | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   6023600 | PA      | $5268722.45   | 0.51%             | 2029-05-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| GATES GLOBAL LLC                                                   | GATES GLOBAL LLC                                   | CUSIP: 36740LAA0<br>LEI: 549300XI79MQJV13DW27 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2955420.00   | 0.29%             | 2026-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| CREDIT SUISSE COMMERCIAL MORTGAGE TRUST                            | CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES COR | CUSIP: 22540AFU7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       137 | PA      | $0.02         | 0.00%             | 2040-05-17      | Variable      | 1.76%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MIDSTREAM PARTNERS LP                                    | CRESTWOOD MIDSTREAM PARTNERS LP                    | CUSIP: 67421QAA0<br>LEI: 549300VJQPPSEJPBNA66 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021390.00   | 0.10%             | 2029-04-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| NP SPE X L P                                                       | NP SPE II LLC                                      | CUSIP: 62947AAE3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2327381 | PA      | $2074697.26   | 0.20%             | 2049-11-19      | Fixed         | 6.44%                 | Yes           |                  2 | On Loan: No      |
| MATCH GROUP HOLDINGS II, LLC                                       | MATCH GROUP INC                                    | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1838820.00   | 0.18%             | 2028-06-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CHS Inc.                                                           | CHS INC                                            | CUSIP: 12542R506<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               | CORP              | US        |     76204 | NS      | $1947774.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN FINANCE CORP                                               | SPRINGLEAF FINANCE CORP                            | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1989040.00   | 0.19%             | 2026-03-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ROLLER BEARING COMPANY OF AMERICA, INC.                            | ROLLER BEARING CO OF AMERICA INC                   | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $900270.00    | 0.09%             | 2029-10-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                                  | CSC HOLDINGS LLC                                   | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $3468355.00   | 0.34%             | 2030-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| COMMERCIAL METALS COMPANY                                          | COMMERCIAL METALS CO                               | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1759180.00   | 0.17%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| H-FOOD HOLDINGS, LLC                                               | H FOOD HOLDINGS LLC                                | CUSIP: 40422KAB7<br>LEI: 549300JY2LK0EQ95YT44 | Long             | DBT              | CORP              | US        |   2493473 | PA      | $2312246.99   | 0.22%             | 2025-05-31      | Floating      | 8.07%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corporation                                               | DISH DBS CORP                                      | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2433690.00   | 0.24%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Lealand Finance Company B.V.                                       | LEALAND FINANCE CO BV                              | CUSIP: N5200EAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    347264 | PA      | $186438.83    | 0.02%             | 2025-06-30      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES, INC.                                           | LUMEN TECHNOLOGIES INC                             | CUSIP: 550241AA1<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $2368950.00   | 0.23%             | 2029-06-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| CENTRAL PARENT INC.                                                | CENTRAL PARENT INC                                 | CUSIP: 15477BAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1994380.00   | 0.19%             | 2029-07-06      | Floating      | 9.08%                 | No            |                  2 | On Loan: No      |
| RESORTS WORLD LAS VEGAS LLC                                        | RESORTS WORLD LAS VEGAS LLC                        | CUSIP: 76120HAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4200000 | PA      | $3244878.00   | 0.32%             | 2031-04-06      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN INC.                                                    | TRANSOCEAN INC                                     | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $1032520.00   | 0.10%             | 2030-02-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD.                                        | FIRST QUANTUM MINERALS LTD                         | CUSIP: 335934AL9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $2971830.00   | 0.29%             | 2025-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                                         | CONSTELLATION BRANDS INC                           | CUSIP: 21037DP73<br>LEI: 5493005GKEG8QCVY7037 | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4995129.15   | 0.49%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Diamond (BC) B.V.                                                  | DIAMOND BC BV                                      | CUSIP: 25257DAA6<br>LEI: 549300SWLHWJF3D4N658 | Long             | DBT              | CORP              | NL        |   2000000 | PA      | $1680420.00   | 0.16%             | 2029-10-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| Spirit Airlines Pass Through Trusts                                | SPIRIT AIRLINES PTT 2015 1A                        | CUSIP: 84858DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1834558 | PA      | $1673300.26   | 0.16%             | 2029-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| NORDSTROM, INC.                                                    | NORDSTROM INC                                      | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1605640.00   | 0.16%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| LATAM Airlines Group S.A.                                          | LATAM AIRLINES GROUP SA                            | CUSIP: 51818LAA6<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |   3000000 | PA      | $3213090.00   | 0.31%             | 2027-10-15      | Fixed         | 13.38%                | Yes           |                  2 | On Loan: No      |
| BOMBARDIER INC.                                                    | BOMBARDIER INC                                     | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   6000000 | PA      | $5999940.00   | 0.58%             | 2027-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL COMPANY                                           | ALLEGIANT TRAVEL CO                                | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2447525.00   | 0.24%             | 2027-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Whatabrands LLC                                                    | WHATABRANDS LLC                                    | CUSIP: 96244UAF4<br>LEI: 254900HMMX4HTWIP0085 | Long             | DBT              | CORP              | US        |   3471209 | PA      | $3430596.04   | 0.33%             | 2028-07-21      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC.                                                     | TRANSDIGM INC                                      | CUSIP: 893647BH9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5038250.00   | 0.49%             | 2027-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| THE ADT SECURITY CORPORATION                                       | ADT SEC CORP                                       | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2682210.00   | 0.26%             | 2032-07-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| UNISYS CORPORATION                                                 | UNISYS CORP                                        | CUSIP: 909214BV9<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1516200.00   | 0.15%             | 2027-11-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| SABRE GLBL INC.                                                    | SABRE GLBL INC                                     | CUSIP: 78573NAH5<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2119900.00   | 0.21%             | 2027-12-15      | Fixed         | 11.25%                | Yes           |                  2 | On Loan: No      |
| Alcoa Nederland Holding B.V.                                       | ALCOA NEDERLAND HOLDING                            | CUSIP: 013822AC5<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |   1300000 | PA      | $1302522.00   | 0.13%             | 2028-05-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIONS, LLC                                          | LINDBLAD EXPEDITIONS LLC                           | CUSIP: 53523LAA8<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979160.00    | 0.10%             | 2027-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TK ELEVATOR U.S. NEWCO, INC.                                       | VERTICAL US NEWCO INC                              | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1848000.00   | 0.18%             | 2027-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                                 | HARBOUR ENERGY PLC                                 | CUSIP: 411618AB7<br>LEI: 213800YPC42DYBKVPF97 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1840100.00   | 0.18%             | 2026-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| TOLL BROTHERS FINANCE CORP.                                        | TOLL BROTHERS FINANCE CORP                         | CUSIP: 88947EAU4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $448285.00    | 0.04%             | 2029-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| FMC CORP                                                           | FMC CORP                                           | CUSIP: 34410XP12<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9998655.80   | 0.97%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Vermilion Energy Inc.                                              | VERMILION ENERGY INC                               | CUSIP: 923725AD7<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | DBT              | CORP              | CA        |   3000000 | PA      | $2766240.00   | 0.27%             | 2030-05-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                               | HSBC US GOVT MMKT-I                                | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12499994 | NS      | $12499993.73  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| THE MICHAELS COMPANIES, INC.                                       | MICHAELS COS INC THE                               | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1833760.00   | 0.18%             | 2028-04-15      | Floating      | 8.98%                 | No            |                  2 | On Loan: No      |
| CEC ENTERTAINMENT, LLC                                             | CEC ENTERTAINMENT LLC                              | CUSIP: 125137AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    866000 | PA      | $801898.68    | 0.08%             | 2026-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TOWNSQUARE MEDIA, INC.                                             | TOWNSQUARE MEDIA INC                               | CUSIP: 892231AB7<br>LEI: 549300XBA8C68H0DR538 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3750600.00   | 0.36%             | 2026-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| GRAHAM PACKAGING COMPANY INC.                                      | GPC MERGER SUB INC                                 | CUSIP: 384701AA6<br>LEI: 549300YS0ZFT826HIK72 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1317690.00   | 0.13%             | 2028-08-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| ASSUREDPARTNERS, INC.                                              | ASSUREDPARTNERS INC                                | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $5550610.00   | 0.54%             | 2029-01-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| IRIS ESCROW ISSUER CORPORATION                                     | IRIS ESCROW ISSUER CORP                            | CUSIP: 462914AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $2748060.00   | 0.27%             | 2028-12-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| TEREX CORPORATION                                                  | TEREX CORP                                         | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1867080.00   | 0.18%             | 2029-05-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TRONOX INCORPORATED                                                | TRONOX INC                                         | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1710000.00   | 0.17%             | 2029-03-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| TWILIO INC.                                                        | TWILIO INC                                         | CUSIP: 90138FAD4<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2487180.00   | 0.24%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MATTHEWS INTERNATIONAL CORPORATION                                 | MATTHEWS INTERNATIONAL C                           | CUSIP: 577128AA9<br>LEI: 549300ZVC5O0ATML6U61 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3339595.00   | 0.32%             | 2025-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| GENON                                                              | GENON                                              | CUSIP: 939CER907<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16168 | NS      | $1778480.00   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| WASTE PRO USA, INC.                                                | WASTE PRO USA INC                                  | CUSIP: 94107JAA1<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1860200.00   | 0.18%             | 2026-02-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CDK GLOBAL, INC.                                                   | CENTRAL PARENT INC CENTRAL MERGER SUB INC          | CUSIP: 15477CAA3<br>LEI: 5493000L10CYRTHIJ385 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3991560.00   | 0.39%             | 2029-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| LIFE TIME INC                                                      | LIFE TIME INC                                      | CUSIP: 50218KAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4000000.00   | 0.39%             | 2024-12-15      | Floating      | 9.48%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP, INC.                                      | ASBURY AUTOMOTIVE GROUP                            | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1319415.00   | 0.13%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT HOLDINGS, INC.                                           | OPEN TEXT CORP OPEN TEXT HOLDINGS INC              | CUSIP: 683720AC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4064300.00   | 0.40%             | 2031-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS, LLC                              | FRONTIER COMMUNICATIONS CORP                       | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2571090.00   | 0.25%             | 2029-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| NOVA Chemicals Corporation                                         | NOVA CHEMICALS CORP                                | CUSIP: 66977WAS8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    500000 | PA      | $429400.00    | 0.04%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: —       |
| PACTIV EVERGREEN GROUP ISSUER INC.                                 | PACTIV EVERGREEN GROUP ISSUER LLC                  | CUSIP: 69527AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1778340.00   | 0.17%             | 2028-10-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| TIBCO SOFTWARE INC.                                                | TIBCO SOFTWARE INC                                 | CUSIP: 88632NAX8<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   9500000 | PA      | $8683000.00   | 0.84%             | 2028-09-30      | Floating      | 9.18%                 | No            |                  2 | On Loan: No      |
| Post Holdings, Inc.                                                | POST HOLDINGS INC                                  | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2319600.00   | 0.23%             | 2029-12-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY, INC.                                                   | NRG ENERGY INC                                     | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2387600.00   | 0.23%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS, INC.                                         | TRIDENT MERGER SUB INC                             | CUSIP: 89616RAA7<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2705970.00   | 0.26%             | 2025-11-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| NCR CORPORATION                                                    | NCR CORP                                           | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1305135.00   | 0.13%             | 2029-04-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NOVELIS CORPORATION                                                | NOVELIS CORP                                       | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2741760.00   | 0.27%             | 2030-01-30      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES BORROWER, LLC                              | PRIME SECSRVC BRW FINANC                           | CUSIP: 74166MAE6<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5689740.00   | 0.55%             | 2028-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NORDSTROM, INC.                                                    | NORDSTROM INC                                      | CUSIP: 655664AY6<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1126995.00   | 0.11%             | 2031-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                                      | REGIONS FINANCIAL CORP                             | CUSIP: 7591EPAR1<br>LEI: CW05CS5KW59QTC0DG824 | Long             | DBT              | CORP              | US        |   1042000 | PA      | $1033330.56   | 0.10%             | 2199-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC.                                                   | NORTONLIFELOCK INC                                 | CUSIP: 668771AL2<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2029860.00   | 0.20%             | 2030-09-30      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS LP                                        | TARGA RESOURCES PARTNERS                           | CUSIP: 87612BBG6<br>LEI: 6OQWTZ1SPC04IFT4T704 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1956140.00   | 0.19%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPIRIT IP CAYMAN LTD.                                              | SPIRIT LOYALTY KY LTD                              | CUSIP: 84859BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2074799 | PA      | $2114635.14   | 0.21%             | 2025-09-20      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                                  | CSC HOLDINGS LLC                                   | CUSIP: 126307BB2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1468220.00   | 0.14%             | 2030-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Eldorado Gold Corporation                                          | ELDORADO GOLD CORP                                 | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1841920.00   | 0.18%             | 2029-09-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS, INC.                                         | IHEARTCOMMUNICATIONS INC                           | CUSIP: 45174HBD8<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3585960.00   | 0.35%             | 2027-05-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| WYNN LAS VEGAS, LLC                                                | WYNN LAS VEGAS LLC WYNN LAS VEGAS CAPITAL CORP     | CUSIP: 983130AV7<br>LEI: 2549002X45DR4UI7NA62 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1459680.00   | 0.14%             | 2025-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| LATAM Airlines Group S.A.                                          | LATAM AIRLINES GROUP S A                           | CUSIP: P7901XAE5<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |   3000000 | PA      | $3031890.00   | 0.29%             | 2027-10-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                              | INVESCO GVT & AGNCY-INST                           | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12499994 | NS      | $12499993.73  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO HOLDINGS, LLC                                                  | CCO HOLDINGS LLC CCO HOLDINGS CAPITAL CORP         | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3126440.00   | 0.30%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Clarios Global LP                                                  | PANTHER BF AGGREGATOR 2                            | CUSIP: 69867DAC2<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1994020.00   | 0.19%             | 2027-05-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| SUNOCO LP                                                          | SUNOCO LP SUNOCO FINANCE CORP                      | CUSIP: 86765LAT4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2719740.00   | 0.26%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CONSOL ENERGY INC.                                                 | CONSOL ENERGY INC                                  | CUSIP: 20854LAA6<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | DBT              | CORP              | US        |   1194000 | PA      | $1221342.60   | 0.12%             | 2025-11-15      | Fixed         | 11.00%                | Yes           |                  2 | On Loan: No      |
| J. B. POINDEXTER & CO., INC.                                       | JB POINDEXTER CO INC                               | CUSIP: 730481AJ7<br>LEI: 549300W6P81HOZZGPQ16 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4443390.00   | 0.43%             | 2026-04-15      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| MEDLINE BORROWER, LP                                               | MOZART BORROWER LP                                 | CUSIP: 58503UAC7<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1496231 | PA      | $1451134.75   | 0.14%             | 2028-10-21      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| ITHACA ENERGY (NORTH SEA) PLC                                      | ITHACA ENERGY NORTH SEA PLC                        | CUSIP: 46567TAB0<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1972860.00   | 0.19%             | 2026-07-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| TRANSOCEAN PONTUS LIMITED                                          | TRANSOCEAN PONTUS LTD                              | CUSIP: 89382PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    280000 | PA      | $287910.00    | 0.03%             | 2025-08-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| SANTANDER BANK, N.A.                                               | SANTANDER BANK AUTO CREDIT LINKED NOTES SERIES 202 | CUSIP: 80290CBA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2430830 | PA      | $2387613.76   | 0.23%             | 2032-08-16      | Fixed         | 8.68%                 | Yes           |                  2 | On Loan: No      |
| PETCO HEALTH AND WELLNESS COMPANY, INC.                            | PETCO ANIMAL SUPPLIES INC                          | CUSIP: 71601HAB2<br>LEI: 2549007TYGV6RVSE9M61 | Long             | DBT              | CORP              | US        |   1496193 | PA      | $1479211.10   | 0.14%             | 2028-02-25      | Floating      | 8.09%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS, L.P.                                             | BUCKEYE PARTNERS LP                                | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $917380.00    | 0.09%             | 2028-03-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| DISH NETWORK CORPORATION                                           | DISH NETWORK CORP                                  | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |  11750000 | PA      | $12186042.50  | 1.19%             | 2027-11-15      | Fixed         | 11.75%                | Yes           |                  2 | On Loan: No      |
| QUANTA SERVICES, INC.                                              | QUANTA SERVICES INC                                | CUSIP: 74767HP20<br>LEI: SHVRXXEACT60MMH07S24 | Long             | STIV             | CORP              | US        |   2100000 | PA      | $2099428.67   | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| URBAN ONE, INC.                                                    | URBAN ONE INC                                      | CUSIP: 91705JAC9<br>LEI: 549300PLGIGPBRQUP240 | Long             | DBT              | CORP              | US        |   1866000 | PA      | $1684848.72   | 0.16%             | 2028-02-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC.                                       | BAUSCH HEALTH COS INC                              | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1283820.00   | 0.12%             | 2028-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTIONS INC.                                   | STANDARD INDUSTRIES INC NJ                         | CUSIP: 853496AH0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $3977800.00   | 0.39%             | 2031-01-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| UBER TECHNOLOGIES, INC.                                            | UBER TECHNOLOGIES INC                              | CUSIP: 90353TAE0<br>LEI: 549300B2FTG34FILDR98 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2029980.00   | 0.20%             | 2027-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                                                 | FORD MOTOR CO                                      | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1561980.00   | 0.15%             | 2043-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP.                                                      | EMBECTA CORP                                       | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $900090.00    | 0.09%             | 2030-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| AVENTURA MALL VENTURE                                              | AVENTURA MALL TRUST                                | CUSIP: 05359AAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2638154.49   | 0.26%             | 2040-07-05      | Variable      | 4.11%                 | Yes           |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS INC.                                      | UNIVISION COMMUNICATIONS INC                       | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3921240.00   | 0.38%             | 2030-06-30      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                                   | CALIFORNIA RESOURCES CORP                          | CUSIP: 13057QAH0<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1459830.00   | 0.14%             | 2026-02-01      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP LLC                                         | AVIATION CAPTIAL GROUP                             | CUSIP: 05369CP19<br>LEI: 549300ODEK8HY3445C77 | Long             | STIV             | CORP              | US        |  10100000 | PA      | $10098753.26  | 0.98%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LEVEL 3 FINANCING, INC.                                            | LEVEL 3 FINANCING INC                              | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1584460.00   | 0.15%             | 2028-07-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND                     | GLDMN SCHS FIN SQ GV-FST                           | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12499994 | NS      | $12499993.73  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ASHTON WOODS USA L.L.C.                                            | ASHTON WOODS USA LLC ASHTON WOODS FINANCE CO       | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2505240.00   | 0.24%             | 2030-04-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                      | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397A86<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   6250000 | PA      | $5758687.50   | 0.56%             | 2027-08-17      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT, LLC                                        | FERTITTA ENTERTAINMENT LLC                         | CUSIP: 31556TAC3<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |    500000 | PA      | $415040.00    | 0.04%             | 2030-01-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| MINERVA MERGER SUB, INC.                                           | MINERVA MERGER SUB INC                             | CUSIP: 60337JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3713625.00   | 0.36%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: —       |
| TK Elevator Holdco GmbH                                            | VERTICAL HOLDCO GMBH                               | CUSIP: 92537VAA8<br>LEI: 2549008GCHWX9EEMIS56 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $888300.00    | 0.09%             | 2028-07-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: —       |
| LOUISIANA-PACIFIC CORPORATION                                      | LOUISIANA PACIFIC CORP                             | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $2824835.00   | 0.27%             | 2029-03-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| LAMB WESTON HOLDINGS, INC.                                         | LAMB WESTON HOLDINGS INC                           | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1789780.00   | 0.17%             | 2032-01-31      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| CCO HOLDINGS, LLC                                                  | CCO HOLDINGS LLC CCO HOLDINGS CAPITAL CORP         | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1872581.25   | 0.18%             | 2031-03-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| OLYMPUS WATER US HOLDING CORPORATION                               | OLYMPUS WATER US HOLDING CORP                      | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1671940.00   | 0.16%             | 2028-10-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD.                                       | ROYAL CARIBBEAN CRUISES LTD                        | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   2000000 | PA      | $1720520.00   | 0.17%             | 2028-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS, INC.                                           | SPIRIT AEROSYSYTEMS INC                            | CUSIP: 85205TAL4<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3511585.00   | 0.34%             | 2025-04-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| GRIFFON CORPORATION                                                | GRIFFON CORP                                       | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1420230.00   | 0.14%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COMPANIES, INC.                                         | ALBERTSONS COS SAFEWAY                             | CUSIP: 013092AE1<br>LEI: 549300YKWOC0AOR16R51 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $6913050.00   | 0.67%             | 2030-02-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| MOZART DEBT MERGER SUB INC.                                        | MOZART DEBT MERGER SUB INC                         | CUSIP: 62482BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4500000 | PA      | $3850380.00   | 0.37%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS, LP                                         | EQT MIDSTREAM PARTNERS L                           | CUSIP: 26885BAC4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $922560.00    | 0.09%             | 2028-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MIDSTREAM, LLC                                          | BLUE RACER MID LLC FINAN                           | CUSIP: 095796AH1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1523055.00   | 0.15%             | 2025-12-15      | Fixed         | 7.62%                 | Yes           |                  2 | On Loan: No      |
| THE CHEMOURS COMPANY                                               | CHEMOURS CO THE                                    | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1670380.00   | 0.16%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                                        | WESTERN DIGITAL CORP                               | CUSIP: 958102AR6<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $1727685.00   | 0.17%             | 2032-02-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond Fund                     | ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF        | CUSIP: 464288513<br>LEI: N/A                  | Long             |  | RF                | US        |     70599 | NS      | $5388821.67   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| HOWMET AEROSPACE INC.                                              | ALCOA INC                                          | CUSIP: 013817AK7<br>LEI: 549300HO5WFZUT5N2T22 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008540.00   | 0.10%             | 2037-02-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORPORATION                                       | TENET HEALTHCARE CORP                              | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5122205.00   | 0.50%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: —       |
| UNICREDIT, SOCIETA PER AZIONI                                      | UNICREDIT SPA                                      | CUSIP: 904678AF6<br>LEI: 549300TRUWO2CD2G5692 | Long             | DBT              | CORP              | IT        |   5000000 | PA      | $4612150.00   | 0.45%             | 2032-06-19      | Fixed         | 5.86%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN MEDIA VENDOR FINANCING NOTES IV DESIGNATED ACTIVITY COMPANY | VIRGIN MEDIA VENDOR FINANCING NOTES IV DAC         | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |   2000000 | PA      | $1814800.00   | 0.18%             | 2028-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Performance Food Group, Inc.                                       | PERFORMANCE FOOD GROUP INC                         | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2230175.00   | 0.22%             | 2029-08-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS INC                                         | CWHL MORTGAGE PASS THROUGH TRUST 2004 25           | CUSIP: 12669GKD2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    641062 | PA      | $125260.25    | 0.01%             | 2035-02-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MIDSTREAM PARTNERS LP                                    | CRESTWOOD MIDSTREAM PARTNERS LP                    | CUSIP: 226373AR9<br>LEI: 549300VJQPPSEJPBNA66 | Long             | DBT              | CORP              | US        |    750000 | PA      | $712005.00    | 0.07%             | 2029-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC.                                               | SIRIUS XM RADIO INC                                | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3427880.00   | 0.33%             | 2030-07-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MACQUARIE BANK LIMITED                                             | MACQUARIE BANK LTD                                 | CUSIP: 556079AD3<br>LEI: 4ZHCHI4KYZG2WVRT8631 | Long             | DBT              | CORP              | AU        |   2000000 | PA      | $1556000.00   | 0.15%             | 2036-03-03      | Fixed         | 3.05%                 | Yes           |                  2 | On Loan: No      |
| AT&T INC.                                                          | AT T INC                                           | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     39101 | NS      | $796487.37    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMSCOPE TECHNOLOGIES LLC                                         | COMMSCOPE TECHNOLOGIES LLC                         | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1894540.00   | 0.18%             | 2025-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS LTD                                         | ADIENT GLOBAL HOLDINGS                             | CUSIP: 00687YAA3<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |   1000000 | PA      | $948910.00    | 0.09%             | 2026-08-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS, INC.                                          | FRONT RANGE BIDCO INC                              | CUSIP: 98919VAB1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    500000 | PA      | $343640.00    | 0.03%             | 2028-03-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: —       |
| TEAM HEALTH HOLDINGS, INC.                                         | TEAM HEALTH HOLDINGS INC                           | CUSIP: 87817JAG3<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |   3940892 | PA      | $3261088.33   | 0.32%             | 2027-02-17      | Floating      | 9.81%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS, LLC                              | FRONTIER COMMUNICATIONS CORP                       | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1813900.00   | 0.18%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| MSILF Government Portfolio                                         | MSILF GOVERNMENT-INST                              | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12499994 | NS      | $12499993.71  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS                                         | MAUSER PACKAGING SOLUTIONS                         | CUSIP: BL4118727<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980000.00    | 0.10%             | 2026-08-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROLLS-ROYCE PLC                                                    | ROLLS ROYCE PLC                                    | CUSIP: 77578JAC2<br>LEI: X57JK1U580XATGR67572 | Long             | DBT              | CORP              | GB        |   2967000 | PA      | $2885763.54   | 0.28%             | 2027-10-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| ATS Corporation                                                    | ATS AUTOMATION TOOLING SYSTEMS INC                 | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $896410.00    | 0.09%             | 2028-12-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| THE E.W. SCRIPPS COMPANY                                           | SCRIPPS ESCROW II INC                              | CUSIP: 81105DAA3<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1258335.00   | 0.12%             | 2029-01-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| TAYLOR MORRISON COMMUNITIES, INC.                                  | TAYLOR MORRISON COMM                               | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4852000.00   | 0.47%             | 2028-01-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PRIME SECURITY SERVICES BORROWER, LLC                              | PRIME SECURITY SERVICES BORROWER LLC               | CUSIP: 74166MAF3<br>LEI: 549300O6QPZVWXV2DC15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $889700.00    | 0.09%             | 2027-08-31      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| OWENS-BROCKWAY GLASS CONTAINER INC.                                | OWENS BROCKWAY                                     | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2457700.00   | 0.24%             | 2027-05-13      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| BOMBARDIER INC.                                                    | BOMBARDIER INC                                     | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $499995.00    | 0.05%             | 2029-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE, INC.                                           | GROUP 1 AUTOMOTIVE INC                             | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $878390.00    | 0.09%             | 2028-08-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| UNITED AUTO CREDIT SECURITIZATION TRUST                            | UNITED AUTO CREDIT SECURITIZATION TRUST 2023 1     | CUSIP: 90945CAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2497395.25   | 0.24%             | 2028-07-10      | Fixed         | 6.28%                 | Yes           |                  2 | On Loan: No      |
| THE GAP, INC.                                                      | GAP INC THE                                        | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1152465.00   | 0.11%             | 2029-10-01      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Deutsche Bank AG (New York Branch)                                 | DEUTSCHE BANK AG NEW YORK NY                       | CUSIP: 25160PAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4850000 | PA      | $3834749.50   | 0.37%             | 2033-01-07      | Fixed         | 3.74%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS, LLC                                                  | CCO HOLDINGS LLC CCO HOLDINGS CAPITAL CORP         | CUSIP: 1248EPCL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4062750.00   | 0.40%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                | PEMEX PROJECT FUNDING MASTER TRUST                 | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   2000000 | PA      | $1570120.00   | 0.15%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| QUANTA SERVICES, INC.                                              | QUANTA SERVICES INC                                | CUSIP: 74767HP12<br>LEI: SHVRXXEACT60MMH07S24 | Long             | STIV             | CORP              | US        |   8000000 | PA      | $7998918.00   | 0.78%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DISH DBS Corporation                                               | DISH DBS CORP                                      | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2154125.00   | 0.21%             | 2026-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| SEAWORLD PARKS & ENTERTAINMENT, INC.                               | SEAWORLD PARKS ENTERTAINMENT INC                   | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    250000 | PA      | $226935.00    | 0.02%             | 2029-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Altice France Holding S.A.                                         | ALTICE FRANCE HOLDINGS SA                          | CUSIP: 02156TAA2<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   6500000 | PA      | $4391790.00   | 0.43%             | 2028-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: —       |
| METLIFE, INC.                                                      | METLIFE INC                                        | CUSIP: 59156RAV0<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1374730.00   | 0.13%             | 2069-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO, LLC                                                | RADIATE HOLDCO LLC RADIATE FINANCE INC             | CUSIP: 75026JAE0<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $520490.00    | 0.05%             | 2028-09-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY                         | MAUSER PACKAGING SOLUTIONS HOLDING CO              | CUSIP: 57763RAB3<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |    500000 | PA      | $504375.00    | 0.05%             | 2026-08-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| PDC ENERGY, INC.                                                   | PDC ENERGY INC                                     | CUSIP: 69327RAJ0<br>LEI: 5493008W8H2T511J5Y59 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1450605.00   | 0.14%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| iShares BB Rated Corporate Bond ETF                                | ISHARES BB RATED CORPORATE BOND ETF                | CUSIP: 46435U473<br>LEI: N/A                  | Long             |  | RF                | US        |    115000 | NS      | $5260675.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| WATERBRIDGE MIDSTREAM OPERATING LLC                                | WATERBRIDGE MIDSTREAM OPERATING LLC                | CUSIP: 94120XAB1<br>LEI: 549300DVU86VSP486341 | Long             | DBT              | CORP              | US        |         0 | PA      | $0.25         | 0.00%             | 2026-06-21      | Floating      | 10.57%                | No            |                  2 | On Loan: No      |
| BP P.L.C.                                                          | BP PLC ADR                                         | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             |  | CORP              | GB        |      9808 | NS      | $355343.84    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL CORPORATION LTD.                                               | NCL CORP LTD                                       | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   2000000 | PA      | $1862200.00   | 0.18%             | 2027-02-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| WESCO DISTRIBUTION, INC.                                           | WESCO DISTRIBUTION INC                             | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1028510.00   | 0.10%             | 2028-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| H&E EQUIPMENT SERVICES, INC.                                       | H E EQUIPMENT SERVICES INC                         | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1763920.00   | 0.17%             | 2028-12-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORPORATION                                        | PILGRIM S PRIDE CORP                               | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $813960.00    | 0.08%             | 2032-03-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                      | FORD MOTOR CREDIT CO LLC                           | CUSIP: 345397ZR7<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   8500000 | PA      | $8053580.00   | 0.78%             | 2029-05-03      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| BPR TRUST                                                          | BPR TRUST 2022 STAR                                | CUSIP: 055980AA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2536363 | PA      | $2527823.34   | 0.25%             | 2024-08-15      | Floating      | 7.71%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT IP CAYMAN LTD.                                              | SPIRIT LOYALTY CAYMAN LTD SPIRIT IP CAYMAN LTD     | CUSIP: 84859BAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1500000 | PA      | $1534785.00   | 0.15%             | 2025-09-20      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| CUMULUS MEDIA NEW HOLDINGS INC.                                    | CUMULUS MEDIA NEW HLDGS                            | CUSIP: 23110AAA4<br>LEI: 5493001D9VBAVY1OKJ46 | Long             | DBT              | CORP              | US        |   5975000 | PA      | $4988288.50   | 0.49%             | 2026-07-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: —       |
| MOZART DEBT MERGER SUB INC.                                        | MOZART DEBT MERGER SUB INC                         | CUSIP: 62482BAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $839220.00    | 0.08%             | 2029-10-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: —       |
| ASURION, LLC                                                       | ASURION LLC                                        | CUSIP: 04649VBB5<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |    498750 | PA      | $471318.75    | 0.05%             | 2028-08-19      | Floating      | 8.68%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD.                                       | ROYAL CARIBBEAN CRUISES LTD                        | CUSIP: 780153BL5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   5000000 | PA      | $5307500.00   | 0.52%             | 2027-08-15      | Fixed         | 11.62%                | Yes           |                  2 | On Loan: No      |
| PULTEGROUP, INC.                                                   | PULTEGROUP INC                                     | CUSIP: 745867AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $575480.00    | 0.06%             | 2032-06-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BWX TECHNOLOGIES, INC.                                             | BWX TECHNOLOGIES INC                               | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $903820.00    | 0.09%             | 2029-04-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| NFP CORP.                                                          | NFP CORP                                           | CUSIP: 65342RAF7<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2385825.00   | 0.23%             | 2030-10-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| KAISER ALUMINUM CORPORATION                                        | KAISER ALUMINUM CORP                               | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2538810.00   | 0.25%             | 2031-06-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| GRAY TELEVISION, INC.                                              | GRAY TELEVISION INC                                | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $2987080.00   | 0.29%             | 2030-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| MGM RESORTS INTERNATIONAL                                          | MGM RESORTS INTERNATIONAL                          | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2719020.00   | 0.26%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EVERGREEN CREDIT CARD TRUST                                        | EVERGREEN CREDIT CARD TRUST                        | CUSIP: 30023JBW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $2939386.20   | 0.29%             | 2026-07-15      | Fixed         | 6.19%                 | Yes           |                  2 | On Loan: No      |
| APX GROUP, INC.                                                    | APX GROUP INC                                      | CUSIP: 00213MAW4<br>LEI: 549300OMQVKPRU98OE64 | Long             | DBT              | CORP              | US        |   4600000 | PA      | $3983876.00   | 0.39%             | 2029-07-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Trivium Packaging Finance B.V.                                     | TRIVIUM PACKAGING FIN                              | CUSIP: 89686QAB2<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $962490.00    | 0.09%             | 2027-08-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| ARCONIC CORPORATION                                                | ARCONIC ROLLED PRODUCTS                            | CUSIP: 03966VAA5<br>LEI: 549300B4YFWH3U74B152 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1156572.00   | 0.11%             | 2028-02-15      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| CALLON PETROLEUM COMPANY                                           | CARRIZO OIL GAS INC                                | CUSIP: 144577AJ2<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3000000.00   | 0.29%             | 2025-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                                                   | ALTICE FRANCE SA FRANCE                            | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $2811660.00   | 0.27%             | 2027-02-01      | Fixed         | 8.12%                 | Yes           |                  2 | On Loan: No      |
| RADIATE HOLDCO, LLC                                                | RADIATE HOLDCO LLC RADIATE FINANCE INC             | CUSIP: 75026JAC4<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1531960.00   | 0.15%             | 2026-09-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| TRITON WATER HOLDINGS, INC.                                        | TRITON WATER HOLDINGS INC                          | CUSIP: 89680EAA7<br>LEI: 5493005IYCEL7QJFZZ63 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1586400.00   | 0.15%             | 2029-04-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP LTD                                          | AADVANTAGE LOYALTY IP LTD                          | CUSIP: 02376CBJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    750000 | PA      | $769567.50    | 0.07%             | 2028-04-20      | Floating      | 9.56%                 | No            |                  2 | On Loan: No      |
| GRAY ESCROW II, INC.                                               | GRAY ESCROW II INC                                 | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10000000 | PA      | $7690800.00   | 0.75%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| NFP CORP.                                                          | NFP CORP                                           | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   1886000 | PA      | $1633068.54   | 0.16%             | 2028-08-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CDI ESCROW ISSUER, INC.                                            | CDI ESCROW ISSUER INC                              | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2843880.00   | 0.28%             | 2030-04-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| SINCLAIR TELEVISION GROUP, INC.                                    | SINCLAIR TELEVISION GROU                           | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $3389120.00   | 0.33%             | 2030-03-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: —       |
| SUNOCO LP                                                          | SUNOCO LP                                          | CUSIP: 86765LAZ0<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1782800.00   | 0.17%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CALPINE CORPORATION                                                | CALPINE CORP                                       | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6083630.00   | 0.59%             | 2029-02-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| DIRECTV FINANCING, LLC                                             | DIRECTV FINANCING LLC                              | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2811414 | PA      | $2760751.99   | 0.27%             | 2027-07-22      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS, INC.                                 | CHS COMMUNITY HEALTH SYS                           | CUSIP: 12543DBC3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   7800000 | PA      | $7572942.00   | 0.74%             | 2026-03-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| THE HERTZ CORPORATION                                              | HERTZ CORP THE                                     | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1776980.00   | 0.17%             | 2026-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION HOLDINGS, INC.                              | CLYDESDALE ACQUISITION HOLDINGS LLC                | CUSIP: 18972FAC6<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    995000 | PA      | $976174.59    | 0.09%             | 2029-04-13      | Floating      | 8.84%                 | No            |                  2 | On Loan: No      |
| AUTONATION, INC.                                                   | AUTONATION INC                                     | CUSIP: 05330NP60<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   9100000 | PA      | $9092445.45   | 0.88%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SALEM MEDIA GROUP, INC.                                            | SALEM MEDIA GROUP INC                              | CUSIP: 794093AG9<br>LEI: 549300CTHBTS2MIXZL54 | Long             | DBT              | CORP              | US        |   1484000 | PA      | $1435829.36   | 0.14%             | 2024-06-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BOYNE USA INC.                                                     | BOYNE USA INC                                      | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2015000 | PA      | $1826496.75   | 0.18%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| XPO ESCROW SUB, LLC                                                | XPO ESCROW SUB LLC                                 | CUSIP: 98379JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2055360.00   | 0.20%             | 2027-11-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| H-FOOD HOLDINGS, LLC                                               | MATTERHORN MERGER SUB LLC MATTERHORN FINANCE SUB   | CUSIP: 577088AA5<br>LEI: 549300JY2LK0EQ95YT44 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1368500.00   | 0.13%             | 2026-06-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| QUICKSILVER RESOURCES INC.                                         | QUICKSILVER RESOURCES INC                          | CUSIP: 74837MAJ4<br>LEI: HLBMKU9SSVMIDPDMNR16 | Long             | DBT              | CORP              | US        |   3913818 | PA      | $5870.73      | 0.00%             | 2019-06-21      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| MACY'S RETAIL HOLDINGS, LLC                                        | MACY S RETAIL HOLDINGS LLC                         | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3654000.00   | 0.36%             | 2030-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS, INC.                               | CLEAR CHANNEL OUTDOOR HOLDINGS INC                 | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $813700.00    | 0.08%             | 2029-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                                  | CROWN CASTLE INC                                   | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |      6253 | NS      | $926131.83    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LIONS GATE CAPITAL HOLDINGS LLC                                    | LIONS GATE CAPITAL HOLDINGS LLC                    | CUSIP: 53627NAE1<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $2273285.00   | 0.22%             | 2029-04-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SEASPAN CORPORATION                                                | SEASPAN CORP                                       | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |   1500000 | PA      | $1138785.00   | 0.11%             | 2029-08-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                                                 | SEAGATE HDD CAYMAN                                 | CUSIP: 81180WBG5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   5590000 | PA      | $6331793.00   | 0.62%             | 2032-12-01      | Fixed         | 9.62%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                                  | CSC HOLDINGS LLC                                   | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2191620.00   | 0.21%             | 2028-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| ENDEAVOUR MINING PLC                                               | ENDEAVOUR MINING PLC                               | CUSIP: 29261HAA3<br>LEI: 529900NI5MXQ91GHXR07 | Long             | DBT              | CORP              | GB        |   4320000 | PA      | $3839616.00   | 0.37%             | 2026-10-14      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Credit Suisse AG                                                   | CREDIT SUISSE AG                                   | CUSIP: 22546DAA4<br>LEI: ANGGYXNX0JLX3X63JN86 | Long             | DBT              | RF                | CH        |   2250000 | PA      | $2220772.50   | 0.22%             | 2023-08-08      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| HILCORP ENERGY I, L.P.                                             | HILCORP ENERGY I LP HILCORP FINANCE CO             | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $6720630.00   | 0.65%             | 2028-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Bausch + Lomb Corp                                                 | BAUSCH LOMB INCORPORATED                           | CUSIP: C0787FAB8<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |   1994987 | PA      | $1939806.11   | 0.19%             | 2027-05-10      | Floating      | 7.84%                 | No            |                  2 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP, INC.                                      | MEDNAX INC                                         | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3538800.00   | 0.34%             | 2030-02-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| The Commonwealth of The Bahamas                                    | BAHAMAS GOVERNMENT INTERNATIONAL BOND              | CUSIP: 056732AJ9<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |   1500000 | PA      | $1214685.00   | 0.12%             | 2028-11-21      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECHNOLOGY PLC                                  | INTERNATIONAL GAME TECH                            | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $2008120.00   | 0.20%             | 2027-01-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT LLC                                         | FERTITTA ENTERTAINMENT LLC                         | CUSIP: 31556PAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3977481 | PA      | $3927205.79   | 0.38%             | 2029-01-27      | Floating      | 8.56%                 | No            |                  2 | On Loan: No      |
| U.S. ACUTE CARE SOLUTIONS, LLC                                     | US ACUTE CARE SOLUTIONS                            | CUSIP: 90367UAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4528200.00   | 0.44%             | 2026-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS, LLC                                        | AXALTA COATING SYSTEMS LLC                         | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1719560.00   | 0.17%             | 2029-02-15      | Fixed         | 3.38%                 | Yes           |                  2 | On Loan: No      |
| UNITED RENTALS (NORTH AMERICA), INC.                               | UNITED RENTALS NORTH AM                            | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2699970.00   | 0.26%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                | PETROLEOS MEXICANOS                                | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   3000000 | PA      | $2613150.00   | 0.25%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HOLDINGS, LLC                                         | MILEAGE PLUS HOLDINGS LLC                          | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1874700.00   | 0.18%             | 2027-06-20      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| Glatfelter Corporation                                             | GLATFELTER CORP                                    | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1751725.00   | 0.17%             | 2029-11-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: —       |
| FORD MOTOR COMPANY                                                 | FORD MOTOR CO                                      | CUSIP: 345370BY5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4167360.00   | 0.41%             | 2028-10-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESORTS, INC.                                   | MARRIOTT OWNERSHIP RESOR                           | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1744520.00   | 0.17%             | 2029-06-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES, INC.                                           | LUMEN TECHNOLOGIES INC                             | CUSIP: 156700BC9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $844020.00    | 0.08%             | 2027-02-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ARROW ELECTRONICS, INC.                                            | ARROW ELECTRONICS INC                              | CUSIP: 04273MP98<br>LEI: 549300YNNLBXT8N8R512 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9987412.50   | 0.97%             |  |  |  | Yes           |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES, INC.                                           | CENTURYLINK INC                                    | CUSIP: 156700AT3<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |   4621000 | PA      | $3041958.09   | 0.30%             | 2042-03-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Sunshine Luxembourg VII SARL                                       | SUNSHINE LUXEMBOURG VII SARL                       | CUSIP: L8908YAE8<br>LEI: 254900CHQOBZNYV4DY60 | Long             | DBT              | CORP              | LU        |   3927513 | PA      | $3844053.10   | 0.37%             | 2026-10-02      | Floating      | 8.48%                 | No            |                  2 | On Loan: No      |
| EASTERN MAINE HEALTHCARE SYSTEMS                                   | EASTERN MAINE HEALTHCARE SYSTEMS                   | CUSIP: 276682AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2891700.00   | 0.28%             | 2036-07-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| TIBCO SOFTWARE INC.                                                | PICARD MIDCO INC                                   | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1754880.00   | 0.17%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| EMBARQ CORPORATION                                                 | EMBARQ CORP                                        | CUSIP: 29078EAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1204750.00   | 0.12%             | 2036-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VITAL ENERGY, INC.                                                 | LAREDO PETROLEUM INC                               | CUSIP: 516806AG1<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5976180.00   | 0.58%             | 2028-01-15      | Fixed         | 10.12%                | No            |                  2 | On Loan: —       |
| VISTRA OPERATIONS COMPANY LLC                                      | VISTRA OPERATIONS CO LLC                           | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $880210.00    | 0.09%             | 2029-05-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| TARGA RESOURCES CORP.                                              | TARGA RESOURCES CORP                               | CUSIP: 87613LP37<br>LEI: 5493003QENHHS261UR94 | Long             | STIV             | CORP              | US        |   3000000 | PA      | $2998926.00   | 0.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ENTERPRISE TE PARTNERS L.P.                                        | TEPPCO PARTNERS LP                                 | CUSIP: 872384AC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2561730.00   | 0.25%             | 2067-06-01      | Fixed         | 7.54%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank AG (New York Branch)                                 | DEUTSCHE BANK NY                                   | CUSIP: 251526BN8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2683500.00   | 0.26%             | 2032-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CALLON PETROLEUM COMPANY                                           | CALLON PETROLEUM CO                                | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |    500000 | PA      | $483805.00    | 0.05%             | 2030-06-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| WYNDHAM HOTELS & RESORTS, INC.                                     | WYNDHAM HOTELS RESORTS INC                         | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1854620.00   | 0.18%             | 2028-08-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| THE HERTZ CORPORATION                                              | HERTZ CORP THE                                     | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1225920.00   | 0.12%             | 2029-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PAYA HOLDINGS III, LLC                                             | PAYA INC                                           | CUSIP: 70434RAB5<br>LEI: 2549009INLRCOZQP3C35 | Long             | DBT              | CORP              | US        |    987500 | PA      | $986265.63    | 0.10%             | 2028-06-25      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| Lealand Finance Company B.V.                                       | LEALAND FINANCE CO BV                              | CUSIP: N5200EAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |     38926 | PA      | $23939.50     | 0.00%             | 2024-06-30      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| PRA GROUP, INC.                                                    | PRA GROUP INC                                      | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   2333000 | PA      | $2345318.24   | 0.23%             | 2028-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| CHS Inc.                                                           | CHS INC PFD                                        | CUSIP: 12542R308<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               | CORP              | US        |     87180 | NS      | $2259705.60   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWELL BRANDS INC.                                                 | NEWELL BRANDS INC                                  | CUSIP: 65120NP35<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | STIV             | CORP              | US        |   7100000 | PA      | $7097103.20   | 0.69%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ACURIS FINANCE US, INC                                             | ACURIS FINANCE US INC ACURIS FINANCE SARL          | CUSIP: 00511BAA5<br>LEI: 213800PHEXJH1L7ZN896 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1633500.00   | 0.16%             | 2028-05-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| LITHIA MOTORS, INC.                                                | LITHIA MOTORS INC                                  | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $851590.00    | 0.08%             | 2031-01-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| US FOODS, INC.                                                     | US FOODS INC                                       | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5498760.00   | 0.53%             | 2029-02-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| CABLE ONE, INC.                                                    | CABLE ONE INC                                      | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   4421000 | PA      | $3656564.89   | 0.36%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: —       |
| NCL CORPORATION LTD.                                               | NCL CORP LTD                                       | CUSIP: 62886HBL4<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   3750000 | PA      | $3812550.00   | 0.37%             | 2028-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| VOC Escrow Ltd                                                     | VOC ESCROW LTD                                     | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |   3500000 | PA      | $3080245.00   | 0.30%             | 2028-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PARK INTERMEDIATE HOLDINGS LLC.                                    | PARK INTERMEDIATE HOLDINGS LLC                     | CUSIP: 70052LAC7<br>LEI: 549300HJUVLG7EAGZV92 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3043075.00   | 0.30%             | 2029-05-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| US Airways Pass Through Trusts                                     | US AIRWAYS 2013 1 CLASS A Ptt                      | CUSIP: 90346WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1897378 | PA      | $1764485.27   | 0.17%             | 2027-05-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORPORATION                                            | BOYD GAMING CORP                                   | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1796320.00   | 0.17%             | 2031-06-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| NEXSTAR MEDIA INC.                                                 | NEXSTAR BROADCASTING INC                           | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1800680.00   | 0.18%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| TALLGRASS ENERGY PARTNERS, LP                                      | TALLGRASS ENERGY PARTNERS FIN                      | CUSIP: 87470LAG6<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2852940.00   | 0.28%             | 2027-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| PREGIS TOPCO LLC                                                   | PREGIS TOPCO CORP                                  | CUSIP: 74045BAC1<br>LEI: 549300LJXHJYHS1GM034 | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1436288.70   | 0.14%             | 2026-07-25      | Floating      | 8.43%                 | No            |                  2 | On Loan: No      |
| NEWS CORPORATION                                                   | NEWS CORP                                          | CUSIP: 65249BAB5<br>LEI: 549300ITS31QK8VRBQ14 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $941160.00    | 0.09%             | 2032-02-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| HUB INTERNATIONAL LIMITED                                          | HUB INTERNATIONAL LTD                              | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35973.20     | 0.00%             | 2029-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| EQUITY RESIDENTIAL                                                 | EQUITY RESIDENTIAL                                 | CUSIP: 29476L818<br>LEI: 5493008RACSH5EP3PI59 | Long             | EP               | CORP              | US        |     45314 | NS      | $2379424.55   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Private Credit Fund                                     | BLACKSTONE PRIVATE CREDIT FUND                     | CUSIP: 09261HAD9<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2580660.00   | 0.25%             | 2026-12-15      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| AADVANTAGE LOYALTY IP LTD.                                         | AMERICAN AIRLINES INC AADVAN                       | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   5150000 | PA      | $4985612.00   | 0.48%             | 2029-04-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| JEFFERIES FINANCE LLC                                              | JEFFERIES FINANCE LLC JFIN CO ISSUER CORP          | CUSIP: 47232MAF9<br>LEI: 549300SKVB18YSSIDT75 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2135150.00   | 0.21%             | 2028-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP, INC.                                      | ASBURY AUTOMOTIVE GROUP INC                        | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2591250.00   | 0.25%             | 2032-02-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WEEKLEY HOMES, LLC                                                 | WEEKLEY HOMES LLC FIN                              | CUSIP: 948565AD8<br>LEI: 5493009MTTQO8ZN53F13 | Long             | DBT              | CORP              | US        |   2085000 | PA      | $1813991.70   | 0.18%             | 2028-09-15      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH CT LLC                                       | CABLEVISION LIGHTPATH LLC                          | CUSIP: 12687GAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2797000 | PA      | $2143872.53   | 0.21%             | 2028-09-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LIMITED                                      | MELCO REOSRTS FINANCE                              | CUSIP: 58547DAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2000000 | PA      | $1724300.00   | 0.17%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| EARTHSTONE ENERGY HOLDINGS, LLC                                    | EARTHSTONE ENERGY HOLDINGS LLC                     | CUSIP: 27034RAA1<br>LEI: 549300HGVO86L8G72J25 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $975420.00    | 0.09%             | 2027-04-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| EQM MIDSTREAM PARTNERS, LP                                         | EQM MIDSTREAM PARTNERS LP                          | CUSIP: 26885BAM2<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2005520.00   | 0.20%             | 2027-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| VICI PROPERTIES L.P.                                               | VICI PROPERTIES NOTE                               | CUSIP: 92564RAE5<br>LEI: 254900X4QE7SGKQLLN38 | Long             | DBT              | CORP              | US        |   2676000 | PA      | $2410567.56   | 0.23%             | 2030-08-15      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| NES FIRCROFT BONDCO AS                                             | NES FIRCROFT BONDCO AS                             | CUSIP: BY6355527<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |   5000000 | PA      | $5084550.00   | 0.49%             | 2026-09-29      | Floating      | 11.75%                | Yes           |                  2 | On Loan: No      |
| EVERI HOLDINGS INC.                                                | EVERI HOLDINGS INC                                 | CUSIP: 30034TAA1<br>LEI: 5299006DK5S7BG10K532 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $904250.00    | 0.09%             | 2029-07-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CAESARS ENTERTAINMENT, INC.                                        | CAESARS ENTERTAINMENT INC                          | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   3960000 | PA      | $3382869.60   | 0.33%             | 2029-10-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| SCIENTIFIC GAMES INTERNATIONAL, INC.                               | SCIENTIFIC GAMES INTERNA                           | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2003940.00   | 0.19%             | 2029-11-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| M/I HOMES, INC.                                                    | M I HOMES INC                                      | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4616900.00   | 0.45%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Northriver Midstream Finance LP                                    | NORTHRIVER MIDSTREAM FIN                           | CUSIP: 66679NAA8<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1919760.00   | 0.19%             | 2026-02-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| SHELL PLC                                                          | SHELL PLC                                          | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             |  | CORP              | GB        |      1159 | NS      | $68160.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CCO HOLDINGS, LLC                                                  | CCO HLDGS LLC CAP CORP                             | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3060610.00   | 0.30%             | 2030-03-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| NUSTAR LOGISTICS, L.P.                                             | NUSTAR LOGISTICS LP                                | CUSIP: 67059T204<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | EP               | CORP              | US        |    437747 | NS      | $10974317.29  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DIRECTV FINANCING, LLC                                             | DIRECTV HOLDINGS LLC DIRECTV FINANCING CO INC      | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3623040.00   | 0.35%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| LABL, INC.                                                         | LABL ESCROW ISSUER LLC                             | CUSIP: 50168AAB6<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $969150.00    | 0.09%             | 2026-07-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| BEAZER HOMES USA, INC.                                             | BEAZER HOMES USA INC                               | CUSIP: 07556QBT1<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3696440.00   | 0.36%             | 2029-10-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SUMMER (BC) BIDCO B LLC                                            | SUMMER BC BIDCO B LLC                              | CUSIP: 865632AA1<br>LEI: 213800CCW2O2WZ7YV169 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1670540.00   | 0.16%             | 2026-10-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CNT HOLDINGS I CORP                                                | CNT HOLDINGS I CORP                                | CUSIP: 12656AAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1911660.00   | 0.19%             | 2028-11-06      | Floating      | 11.38%                | No            |                  2 | On Loan: No      |
| PACTIV EVERGREEN GROUP ISSUER LLC                                  | REYNOLDS GROUP ISS REYNOLD                         | CUSIP: 76174LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $898340.00    | 0.09%             | 2027-10-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| LEHMAN BROTHERS HOLDINGS INC                                       | LEHMAN BROTHERS HOLDINGS                           | CUSIP: 52517PG96<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $3500.00      | 0.00%             | 2011-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GLOBAL MEDICAL RESPONSE, INC.                                      | GLOBAL MEDICAL RESPONSE                            | CUSIP: 37960BAA3<br>LEI: 549300ZFWD4ZFCEJCQ87 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2112840.00   | 0.21%             | 2025-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| KB HOME                                                            | KB HOME                                            | CUSIP: 48666KAY5<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1796580.00   | 0.17%             | 2029-11-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA CAPITAL S.A.                                        | TELECOM ITALIA CAPITAL SA                          | CUSIP: 87927VAR9<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |   5000000 | PA      | $4259150.00   | 0.41%             | 2036-07-18      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC.                                                  | CROWN CASTLE INTL CORP                             | CUSIP: 22823QP88<br>LEI: 54930012H97VSM0I2R19 | Long             | STIV             | CORP              | US        |   3000000 | PA      | $2996666.01   | 0.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CALLON PETROLEUM COMPANY                                           | CALLON PETROLEUM CO                                | CUSIP: 13123XBD3<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2997360.00   | 0.29%             | 2028-08-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATING COMPANY INC.                             | HILTON DOMESTIC OPERATING CO INC                   | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1736020.00   | 0.17%             | 2031-05-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYSTEMS, INC.                                 | CHS COMMUNITY HEALTH SYSTEMS INC                   | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1611960.00   | 0.16%             | 2030-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Open Text Corporation                                              | OPEN TEXT CORP                                     | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |   2059000 | PA      | $2110372.05   | 0.21%             | 2027-12-01      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| SPIRIT AEROSYSTEMS, INC.                                           | SPIRIT AEROSYSTEMS INC                             | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    500000 | PA      | $543035.00    | 0.05%             | 2029-11-30      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| SOTHEBY'S                                                          | SOTHEBY S                                          | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6285370.00   | 0.61%             | 2027-10-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: —       |
| SCF EQUIPMENT LEASING LLC                                          | SCF EQUIPMENT LEASING 2022 2 LLC                   | CUSIP: 78397WAF3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    989379 | PA      | $945493.40    | 0.09%             | 2032-10-20      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| ORGANON & CO.                                                      | ORGANON FINANCE 1 LLC                              | CUSIP: 68622TAA9<br>LEI: 549300AMCKY57OK2CO56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $453725.00    | 0.04%             | 2028-04-30      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| MURPHY OIL USA, INC.                                               | MURPHY OIL USA INC                                 | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1678680.00   | 0.16%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUTIONS HOLDING COMPANY                         | BWAY HOLDING CO                                    | CUSIP: 05604XAP1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   2493404 | PA      | $2468469.65   | 0.24%             | 2024-04-03      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I PLC                                         | VMED O2 UK FINANCING I PLC                         | CUSIP: 92858RAA8<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1677980.00   | 0.16%             | 2031-01-31      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| TRANSDIGM INC.                                                     | TRANSDIGM INC                                      | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2713200.00   | 0.26%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| POLARIS NEWCO, LLC                                                 | SOLERA LLC                                         | CUSIP: 73108RAB4<br>LEI: 254900LEPDAG7EDOA064 | Long             | DBT              | CORP              | US        |   1234375 | PA      | $1171495.94   | 0.11%             | 2028-06-04      | Floating      | 8.73%                 | No            |                  2 | On Loan: No      |
| THE ADT SECURITY CORPORATION                                       | ADT SECURITY CORP THE                              | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1780620.00   | 0.17%             | 2029-08-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| LABL, INC.                                                         | LABL ESCROW ISSUER LLC                             | CUSIP: 50168AAA8<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2852940.00   | 0.28%             | 2027-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| SCIH SALT HOLDINGS INC.                                            | SCIH SALT HOLDINGS INC                             | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1760420.00   | 0.17%             | 2028-05-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Olin Corporation                                                   | OLIN CORP                                          | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2363000.00   | 0.23%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHWEST FIBER, LLC                                               | NORTHWEST FIBER LLC                                | CUSIP: 667449AA0<br>LEI: 254900LE3FBC16P2QY79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $936760.00    | 0.09%             | 2028-06-01      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: —       |
| HAWAIIAN BRAND INTELLECTUAL PROPERTY, LTD.                         | HAWAIIAN BRAND INTELLECTUAL PROPERTY LTD           | CUSIP: 41984LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1250000 | PA      | $1194737.50   | 0.12%             | 2026-01-20      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| AVIS BUDGET CAR RENTAL, LLC                                        | AVIS BUDGET CAR FINANCE                            | CUSIP: 053773BF3<br>LEI: XN8R4HH1TVC1XOCL5P21 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2683830.00   | 0.26%             | 2029-03-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| LCPR Senior Secured Financing Designated Activity Company          | LCPR SR SECURED FIN DAC                            | CUSIP: 50201DAD5<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |   1500000 | PA      | $1319370.00   | 0.13%             | 2029-07-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| WOK HOLDINGS INC.                                                  | WOK HOLDINGS INC                                   | CUSIP: 69345YAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1892668 | PA      | $1641889.46   | 0.16%             | 2026-03-01      | Floating      | 11.23%                | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP.                                                | BAYTEX ENERGY CORP                                 | CUSIP: 07317QAH8<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |   1750000 | PA      | $1810935.00   | 0.18%             | 2027-04-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: —       |
| VAR ENERGI ASA                                                     | VAR ENERGI ASA                                     | CUSIP: 92212WAE0<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |   3000000 | PA      | $3285570.00   | 0.32%             | 2032-11-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| BOMBARDIER INC.                                                    | BOMBARDIER INC                                     | CUSIP: 097751BM2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1934000 | PA      | $1935701.92   | 0.19%             | 2025-03-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Lehman Brothers Treasury Co. B.V.                                  | LEHMAN BROTHERS TSY BV                             | CUSIP: N/A<br>LEI: 724500T0F0L76GZEZQ58       | Long             | DBT              | CORP              | NL        |   1446508 | PA      | $3905.57      | 0.00%             | 2199-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THE HOWARD HUGHES CORPORATION                                      | HOWARD HUGHES CORP THE                             | CUSIP: 44267DAF4<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |   4261000 | PA      | $3547154.67   | 0.35%             | 2031-02-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| DAVITA INC.                                                        | DAVITA INC                                         | CUSIP: 23918KAT5<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $3886950.00   | 0.38%             | 2031-02-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| BXP TRUST                                                          | BXP TRUST 2017 GM                                  | CUSIP: 05607TAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1302074.12   | 0.13%             | 2044-01-15      | Variable      | 2.78%                 | Yes           |                  2 | On Loan: No      |
| NRG ENERGY, INC.                                                   | NRG ENERGY INC                                     | CUSIP: 629377CR1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3171000.00   | 0.31%             | 2031-02-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE, LLC                                          | WYNN RESORTS FINANCE LLC                           | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $892290.00    | 0.09%             | 2029-10-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| NBM US HOLDINGS, INC.                                              | NBM US HOLDINGS INC                                | CUSIP: 62877VAB7<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2920680.00   | 0.28%             | 2029-08-06      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| SBA TOWER TRUST                                                    | SBA TOWER TRUST                                    | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1053000 | PA      | $1097057.63   | 0.11%             | 2052-11-15      | Fixed         | 6.60%                 | Yes           |                  2 | On Loan: No      |
| Transocean Titan Financing Limited                                 | TRANSOCEAN TITAN FINANCING LTD                     | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $1037750.00   | 0.10%             | 2028-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| USA COMPRESSION PARTNERS, LP                                       | USA COMPRESSION PARTNERS LP USA COMPRESSION FIN    | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $490665.00    | 0.05%             | 2026-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC.                                                 | NEWELL BRANDS INC                                  | CUSIP: 651229AX4<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2671380.00   | 0.26%             | 2036-04-01      | Variable      | 5.62%                 | No            |                  2 | On Loan: No      |
| THE MICHAELS COMPANIES, INC.                                       | MAGIC MERGERCO INC                                 | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |    500000 | PA      | $419145.00    | 0.04%             | 2028-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| VALVOLINE INC.                                                     | VALVOLINE INC                                      | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $841130.00    | 0.08%             | 2031-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| ALTICE FINANCING S.A.                                              | ALTICE FINANCING SA                                | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   4000000 | PA      | $3400520.00   | 0.33%             | 2028-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| SABINE OIL GAS HOLDINGS INC                                        | SABINE OIL GAS HOLDINGS INC                        | CUSIP: 78532M104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2824 | NS      | $395.36       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| TRANSDIGM INC.                                                     | TRANSDIGM INC                                      | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3342430.00   | 0.33%             | 2027-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC.                                                  | AMC NETWORKS INC                                   | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $2454720.00   | 0.24%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PROLOGIS, INC.                                                     | PROLOGIS INC                                       | CUSIP: 74340W202<br>LEI: 529900DFH19P073LZ636 | Long             | EP               | CORP              | US        |      5310 | NS      | $305271.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMOTIVE PLC                                   | JAGUAR LAND ROVER AUTOMO                           | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |   3500000 | PA      | $2977415.00   | 0.29%             | 2028-01-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HOLDINGS, INC.                               | CLEAR CHANNEL WORLDWIDE                            | CUSIP: 18453HAA4<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4099140.00   | 0.40%             | 2027-08-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| United Airlines Pass Through Trust                                 | UNITED AIR 2020 1 B PTT                            | CUSIP: 90932VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     20292 | PA      | $19669.85     | 0.00%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UKG INC.                                                           | UKG INC                                            | CUSIP: 90385KAJ0<br>LEI: 529900FKHWSTQ1GXK240 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1906780.00   | 0.19%             | 2027-05-03      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| ZAYO GROUP HOLDINGS, INC.                                          | FRONT RANGE BIDCO INC                              | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1192230.00   | 0.12%             | 2027-03-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| ARDAGH PACKAGING FINANCE PLC                                       | ARDAGH PKG FIN                                     | CUSIP: 03969AAR1<br>LEI: 6354001JXMLKNZDZR978 | Long             | DBT              | CORP              | IE        |   3500000 | PA      | $2885330.00   | 0.28%             | 2027-08-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Edgewell Personal Care Company                                     | EDGEWELL PERSONAL CARE CO                          | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2178275.00   | 0.21%             | 2029-04-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| LITHIA MOTORS, INC.                                                | LITHIA MOTORS INC                                  | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $8501600.00   | 0.83%             | 2029-06-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| Carnival Corporation                                               | CARNIVAL CORP                                      | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   4500000 | PA      | $3555000.00   | 0.35%             | 2029-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CSC HOLDINGS, LLC                                                  | CSC HOLDINGS LLC                                   | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $1494775.00   | 0.15%             | 2031-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| INFRABUILD AUSTRALIA PTY LTD                                       | INFRABUILD AUSTRALIA PTY                           | CUSIP: 45682RAA8<br>LEI: 549300W2CPB5W6GFH859 | Long             | DBT              | CORP              | AU        |   2000000 | PA      | $1899840.00   | 0.18%             | 2024-10-01      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| NCL CORPORATION LTD.                                               | NCL CORPORATION LTD                                | CUSIP: 62886HBA8<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   6400000 | PA      | $5535808.00   | 0.54%             | 2026-03-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                               | CARNIVAL CORP                                      | CUSIP: 143658BJ0<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |  11500000 | PA      | $11820390.00  | 1.15%             | 2027-08-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| METHANEX CORPORATION                                               | METHANEX CORP                                      | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |   3931000 | PA      | $3632637.10   | 0.35%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COMPANIES INC.                                       | BAUSCH HEALTH COS INC                              | CUSIP: C9413PBD4<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   2406646 | PA      | $1845800.89   | 0.18%             | 2027-02-01      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES LTD.                                       | ROYAL CARIBBEAN CRUISES LTD                        | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   2000000 | PA      | $1789120.00   | 0.17%             | 2026-08-31      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SCIENTIFIC GAMES HOLDINGS LP                                       | SCIENTIFIC GAMES HOLDINGS LP                       | CUSIP: 80874DAA4<br>LEI: 549300W5GPFXXB6TQ330 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2674650.00   | 0.26%             | 2030-03-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                                                 | ENERGY TRANSFER LP                                 | CUSIP: 29273VAM2<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $909160.00    | 0.09%             | 2199-12-31      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAPITAL LLC                                         | OUTFRONT MEDIA CAPITAL LLC                         | CUSIP: 69007TAD6<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1409226.00   | 0.14%             | 2025-06-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| VIDEOTRON LTEE                                                     | VIDEOTRON LTD                                      | CUSIP: 92660FAN4<br>LEI: 549300LW4GNJRBECSD81 | Long             | DBT              | CORP              | CA        |   2500000 | PA      | $2183975.00   | 0.21%             | 2029-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: —       |
| MINERAL RESOURCES LIMITED                                          | MINERAL RESOURCES LTD                              | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   1000000 | PA      | $1027200.00   | 0.10%             | 2027-11-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SELECT MEDICAL CORPORATION                                         | SELECT MEDICAL CORP                                | CUSIP: 816196AT6<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2441425.00   | 0.24%             | 2026-08-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| MATTAMY HOMES LIMITED                                              | MATTAMY GROUP CORP                                 | CUSIP: 57701RAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $3376520.00   | 0.33%             | 2030-03-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS HOLDINGS, LLC                              | FRONTIER COMMUNICATIONS HOLDINGS LLC               | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2385650.00   | 0.23%             | 2027-10-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING III LLC                                    | HERTZ VEHICLE FINANCING LLC                        | CUSIP: 42806MBC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1070000 | PA      | $1021465.46   | 0.10%             | 2026-09-25      | Variable      | 4.12%                 | Yes           |                  2 | On Loan: No      |
| THE CHEMOURS COMPANY                                               | CHEMOURS CO THE                                    | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $911210.00    | 0.09%             | 2028-11-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| TALOS PRODUCTION INC.                                              | TALOS PRODUCTION INC                               | CUSIP: 87485LAC8<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1060520.00   | 0.10%             | 2026-01-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| GREAT OUTDOORS GROUP, LLC                                          | GREAT OUTDOORS GROUP LLC                           | CUSIP: 07014QAN1<br>LEI: 549300IYLDI2E8I2AU46 | Long             | DBT              | CORP              | US        |   1994949 | PA      | $1958541.66   | 0.19%             | 2028-03-05      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| WYNN LAS VEGAS, LLC                                                | WYNN LAS VEGAS LLC CORP                            | CUSIP: 983130AX3<br>LEI: 2549002X45DR4UI7NA62 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1416750.00   | 0.14%             | 2027-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NINE POINT ENERGY                                                  | NINE POINT ENERGY                                  | CUSIP: 930ZLD908<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2678202 | NS      | $0.03         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ENCOMPASS HEALTH CORPORATION                                       | ENCOMPASS HEALTH CORP                              | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    500000 | PA      | $441575.00    | 0.04%             | 2031-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BIP-V CHINOOK HOLDCO L.L.C.                                        | CQP HOLDCO LP BIP V CHINOOK HOLDCO LLC             | CUSIP: 12657NAA8<br>LEI: 254900KE9EMWN8JWL297 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2278600.00   | 0.22%             | 2031-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| SPECTRUM BRANDS, INC.                                              | SPECTRUM BRANDS INC                                | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2419380.00   | 0.24%             | 2031-03-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: —       |
| Blackstone Private Credit Fund                                     | BLACKSTONE PRIVATE CREDIT FUND                     | CUSIP: 09261HAY3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014210.00   | 0.10%             | 2025-09-29      | Fixed         | 7.05%                 | Yes           |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE B.V.                                      | PETROBRAS GLOBAL FINANCE BV                        | CUSIP: 71647NBJ7<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |   2000000 | PA      | $1565180.00   | 0.15%             | 2051-06-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| LATAM Airlines Group S.A.                                          | LATAM AIRLINES GROUP SA                            | CUSIP: 51818LAB4<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |   2000000 | PA      | $2152060.00   | 0.21%             | 2029-10-15      | Fixed         | 13.38%                | Yes           |                  2 | On Loan: —       |
| ALTICE FRANCE SA                                                   | ALTICE FRANCE SA FRANCE                            | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $2369580.00   | 0.23%             | 2029-10-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE, INC.                                         | BUILDERS FIRSTSOURCE INC                           | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $946550.00    | 0.09%             | 2032-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| Post Holdings, Inc.                                                | POST HOLDINGS INC                                  | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3520120.00   | 0.34%             | 2030-04-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| HUNT COMPANIES, INC.                                               | HUNT COS INC                                       | CUSIP: 445587AE8<br>LEI: 549300ODPWDNCH5TKM49 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1697520.00   | 0.17%             | 2029-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE LIMITED                                      | MELCO RESORTS FINANCE LTD                          | CUSIP: 58547DAE9<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $901220.00    | 0.09%             | 2028-07-21      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| TEGNA INC.                                                         | TEGNA INC                                          | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2354350.00   | 0.23%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTENE CORPORATION                                                | CENTENE CORP                                       | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3798720.00   | 0.37%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SPDR Bloomberg High Yield Bond ETF                                 | SPDR BLOOMBERG HIGH YIELD                          | CUSIP: 78468R622<br>LEI: N/A                  | Long             |  | RF                | US        |     70315 | NS      | $6583593.45   | 0.64%             |  |  |  | No            |                  1 | On Loan: —       |
| SIRIUS XM RADIO INC.                                               | SIRIUS XM RADIO INC                                | CUSIP: 82967NBM9<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1645560.00   | 0.16%             | 2031-09-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Blackstone Private Credit Fund                                     | BLACKSTONE PRIVATE CREDIT FUND                     | CUSIP: 09261HAK3<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2628390.00   | 0.26%             | 2027-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** USAA Mutual Funds Trust

**Signature:** James K. De Vries

**Name of Signer:** James K. De Vries

**Title:** Treasurer