# EDGAR Filing Document

**Accession Number:** 0000908406
**File Stem:** 0001193125-25-190079
**Filing Date:** 2025-8
**Character Count:** 131532
**Document Hash:** 3c4bb83edb71e61cda612916eac7d6c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-190079.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001193125-25-190079

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN CENTURY INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000908406

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07822
- **FILM NUMBER:** 251267014

**BUSINESS ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111
- **BUSINESS PHONE:** 816-531-5575

**MAIL ADDRESS:**
- **STREET 1:** 4500 MAIN STREET
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64111

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BENHAM INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19930629

## Series and Classes Contracts Data

### HIGH-YIELD FUND (Series ID: S000006580)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000017962 | INVESTOR CLASS | ABHIX           |
| C000017963 | A CLASS        | AHYVX           |
| C000017964 | R5 CLASS       | ACYIX           |
| C000017967 | C CLASS        | AHDCX           |
| C000017968 | R CLASS        | AHYRX           |
| C000131614 | R6 CLASS       | AHYDX           |
| C000189687 | I CLASS        | AHYHX           |
| C000189688 | Y CLASS        | AHYLX           |

## Nport-Ex

**American Century Investments**<sup>®</sup>

**Quarterly Portfolio Holdings**

**High-Yield Fund**

**June 30, 2025**

------

---

| |
|:---|
| **<u>High-Yield - Schedule of Investments</u>** |
| **JUNE 30, 2025 (UNAUDITED)** |

---

---

| | | |
|:---|:---|:---|
|  | **Principal**<br>**Amount ($)/Shares** | **Value ($)** |
| **CORPORATE BONDS — 79.3%** |  |  |
| **Aerospace and Defense — 3.2%** |  |  |
| ATI, Inc., 4.875%, 10/1/29 | 690000 | 676394 |
| Axon Enterprise, Inc., 6.125%, 3/15/30<sup>(1)</sup> | 30000 | 30926 |
| Axon Enterprise, Inc., 6.25%, 3/15/33<sup>(1)</sup> | 17000 | 17547 |
| Bombardier, Inc., 7.50%, 2/1/29<sup>(1)(2)</sup> | 175000 | 183876 |
| Bombardier, Inc., 8.75%, 11/15/30<sup>(1)</sup> | 427000 | 462795 |
| Spirit AeroSystems, Inc., 4.60%, 6/15/28 | 440000 | 432837 |
| TransDigm, Inc., 6.75%, 8/15/28<sup>(1)</sup> | 368000 | 376239 |
| TransDigm, Inc., 4.625%, 1/15/29 | 500000 | 490956 |
|  |  | 2671570 |
| **Automobile Components — 1.5%** |  |  |
| Goodyear Tire & Rubber Co., 5.00%, 5/31/26 | 278000 | 278900 |
| ZF North America Capital, Inc., 7.125%, 4/14/30<sup>(1)</sup> | 1000000 | 978900 |
|  |  | 1257800 |
| **Automobiles — 0.7%** |  |  |
| Ford Motor Credit Co. LLC, 3.625%, 6/17/31 | 700000 | 616451 |
| **Banks — 0.8%** |  |  |
| Freedom Mortgage Corp., 12.00%, 10/1/28<sup>(1)</sup> | 375000 | 403522 |
| Freedom Mortgage Holdings LLC, 9.25%, 2/1/29<sup>(1)</sup> | 75000 | 77957 |
| Planet Financial Group LLC, 10.50%, 12/15/29<sup>(1)</sup> | 195000 | 195345 |
|  |  | 676824 |
| **Broadline Retail — 0.9%** |  |  |
| Macy's Retail Holdings LLC, 5.875%, 4/1/29<sup>(1)(2)</sup> | 250000 | 247663 |
| Macy's Retail Holdings LLC, 6.125%, 3/15/32<sup>(1)(2)</sup> | 275000 | 262534 |
| Wayfair LLC, 7.75%, 9/15/30<sup>(1)</sup> | 230000 | 232003 |
|  |  | 742200 |
| **Building Products — 1.6%** |  |  |
| Builders FirstSource, Inc., 5.00%, 3/1/30<sup>(1)</sup> | 620000 | 609111 |
| Standard Industries, Inc., 4.375%, 7/15/30<sup>(1)</sup> | 750000 | 710600 |
|  |  | 1319711 |
| **Chemicals — 3.0%** |  |  |
| Celanese U.S. Holdings LLC, 6.42%, 7/15/27 | 478000 | 495327 |
| Celanese U.S. Holdings LLC, 6.85%, 11/15/28 | 270000 | 283890 |
| Celanese U.S. Holdings LLC, 6.50%, 4/15/30 | 230000 | 235589 |
| Chemours Co., 4.625%, 11/15/29<sup>(1)</sup> | 400000 | 348554 |
| Chemours Co., 8.00%, 1/15/33<sup>(1)</sup> | 300000 | 281147 |
| Olin Corp., 5.625%, 8/1/29 | 500000 | 496507 |
| Tronox, Inc., 4.625%, 3/15/29<sup>(1)(2)</sup> | 490000 | 423247 |
|  |  | 2564261 |
| **Commercial Services and Supplies — 3.0%** |  |  |
| Clean Harbors, Inc., 4.875%, 7/15/27<sup>(1)</sup> | 500000 | 497902 |
| Clean Harbors, Inc., 6.375%, 2/1/31<sup>(1)</sup> | 245000 | 251188 |
| Deluxe Corp., 8.125%, 9/15/29<sup>(1)</sup> | 388000 | 400927 |
| GFL Environmental, Inc., 4.00%, 8/1/28<sup>(1)</sup> | 700000 | 679462 |
| Williams Scotsman, Inc., 6.625%, 6/15/29<sup>(1)</sup> | 285000 | 292759 |
| Williams Scotsman, Inc., 6.625%, 4/15/30<sup>(1)</sup> | 415000 | 431422 |
|  |  | 2553660 |
| **Construction and Engineering — 0.8%** |  |  |
| Brand Industrial Services, Inc., 10.375%, 8/1/30<sup>(1)</sup> | 740000 | 683676 |

---

------

---

| | | |
|:---|:---|:---|
| **Construction Materials — 0.2%** |  |  |
| Quikrete Holdings, Inc., 6.375%, 3/1/32<sup>(1)</sup> | 113000 | 116271 |
| Quikrete Holdings, Inc., 6.75%, 3/1/33<sup>(1)</sup> | 68000 | 70206 |
|  |  | 186477 |
| **Consumer Finance — 0.3%** |  |  |
| Bread Financial Holdings, Inc., VRN, 8.375%, 6/15/35<sup>(1)(2)</sup> | 229000 | 230759 |
| **Consumer Staples Distribution & Retail — 2.0%** |  |  |
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, 4.625%, 1/15/27<sup>(1)</sup> | 555000 | 552021 |
| Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC, 3.50%, 3/15/29<sup>(1)</sup> | 600000 | 569082 |
| Walgreens Boots Alliance, Inc., 3.45%, 6/1/26 | 400000 | 391622 |
| Walgreens Boots Alliance, Inc., 8.125%, 8/15/29 | 200000 | 212242 |
|  |  | 1724967 |
| **Containers and Packaging — 1.3%** |  |  |
| Ball Corp., 6.875%, 3/15/28 | 305000 | 312310 |
| Sealed Air Corp., 5.00%, 4/15/29<sup>(1)</sup> | 380000 | 376153 |
| Sealed Air Corp./Sealed Air Corp. U.S., 7.25%, 2/15/31<sup>(1)</sup> | 350000 | 368805 |
|  |  | 1057268 |
| **Distributors — 0.4%** |  |  |
| Performance Food Group, Inc., 6.125%, 9/15/32<sup>(1)</sup> | 300000 | 307255 |
| **Diversified Consumer Services — 0.3%** |  |  |
| Service Corp. International, 3.375%, 8/15/30 | 300000 | 275955 |
| **Diversified REITs — 0.5%** |  |  |
| MPT Operating Partnership LP/MPT Finance Corp., 8.50%, 2/15/32<sup>(1)</sup> | 409000 | 428371 |
| **Diversified Telecommunication Services — 0.7%** |  |  |
| Fibercop SpA, 6.375%, 11/15/33<sup>(1)</sup> | 355000 | 346512 |
| Level 3 Financing, Inc., 3.75%, 7/15/29<sup>(1)</sup> | 165000 | 139631 |
| Level 3 Financing, Inc., 10.00%, 10/15/32<sup>(1)</sup> | 116620 | 117983 |
|  |  | 604126 |
| **Electric Utilities — 0.6%** |  |  |
| Palomino Funding Trust I, 7.23%, 5/17/28<sup>(1)</sup> | 490000 | 517885 |
| **Electronic Equipment, Instruments and Components — 0.5%** |  |  |
| Sensata Technologies BV, 5.875%, 9/1/30<sup>(1)</sup> | 385000 | 385836 |
| **Entertainment — 0.9%** |  |  |
| Live Nation Entertainment, Inc., 3.75%, 1/15/28<sup>(1)</sup> | 750000 | 727608 |
| **Financial Services — 0.1%** |  |  |
| PennyMac Financial Services, Inc., 6.875%, 2/15/33<sup>(1)</sup> | 110000 | 112887 |
| **Food Products — 0.8%** |  |  |
| Fiesta Purchaser, Inc., 9.625%, 9/15/32<sup>(1)(2)</sup> | 250000 | 264417 |
| Lamb Weston Holdings, Inc., 4.375%, 1/31/32<sup>(1)</sup> | 150000 | 141044 |
| Post Holdings, Inc., 6.25%, 2/15/32<sup>(1)</sup> | 300000 | 308680 |
|  |  | 714141 |
| **Ground Transportation — 1.1%** |  |  |
| United Rentals North America, Inc., 4.875%, 1/15/28 | 500000 | 498343 |
| United Rentals North America, Inc., 3.875%, 2/15/31 | 500000 | 470522 |
|  |  | 968865 |
| **Health Care Equipment and Supplies — 2.5%** |  |  |
| Avantor Funding, Inc., 3.875%, 11/1/29<sup>(1)</sup> | 560000 | 530648 |
| Hologic, Inc., 3.25%, 2/15/29<sup>(1)</sup> | 350000 | 333792 |
| Insulet Corp., 6.50%, 4/1/33<sup>(1)</sup> | 114000 | 118935 |
| Medline Borrower LP, 5.25%, 10/1/29<sup>(1)</sup> | 650000 | 645408 |
| Neogen Food Safety Corp., 8.625%, 7/20/30<sup>(1)</sup> | 500000 | 517591 |
|  |  | 2146374 |
| **Health Care Providers and Services — 8.6%** |  |  |
| Acadia Healthcare Co., Inc., 5.50%, 7/1/28<sup>(1)</sup> | 485000 | 482185 |
| Acadia Healthcare Co., Inc., 7.375%, 3/15/33<sup>(1)(2)</sup> | 230000 | 237241 |

---

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---

| | | |
|:---|:---|:---|
| AHP Health Partners, Inc., 5.75%, 7/15/29<sup>(1)</sup> | 100000 | 97599 |
| CHS/Community Health Systems, Inc., 5.625%, 3/15/27<sup>(1)</sup> | 400000 | 394242 |
| CHS/Community Health Systems, Inc., 6.875%, 4/15/29<sup>(1)</sup> | 250000 | 199545 |
| CHS/Community Health Systems, Inc., 4.75%, 2/15/31<sup>(1)</sup> | 550000 | 470650 |
| CHS/Community Health Systems, Inc., 10.875%, 1/15/32<sup>(1)</sup> | 370000 | 392613 |
| CVS Health Corp., VRN, 7.00%, 3/10/55 | 260000 | 268817 |
| DaVita, Inc., 4.625%, 6/1/30<sup>(1)</sup> | 650000 | 623218 |
| Encompass Health Corp., 4.75%, 2/1/30 | 250000 | 247024 |
| IQVIA, Inc., 6.50%, 5/15/30<sup>(1)</sup> | 447000 | 461160 |
| Molina Healthcare, Inc., 4.375%, 6/15/28<sup>(1)</sup> | 420000 | 410813 |
| Molina Healthcare, Inc., 3.875%, 11/15/30<sup>(1)</sup> | 100000 | 93076 |
| Option Care Health, Inc., 4.375%, 10/31/29<sup>(1)</sup> | 500000 | 481606 |
| Owens & Minor, Inc., 4.50%, 3/31/29<sup>(1)(2)</sup> | 350000 | 314041 |
| Select Medical Corp., 6.25%, 12/1/32<sup>(1)(2)</sup> | 275000 | 276824 |
| Star Parent, Inc., 9.00%, 10/1/30<sup>(1)</sup> | 259000 | 272745 |
| Surgery Center Holdings, Inc., 7.25%, 4/15/32<sup>(1)(2)</sup> | 555000 | 566246 |
| Tenet Healthcare Corp., 6.125%, 10/1/28 | 320000 | 320648 |
| Tenet Healthcare Corp., 6.125%, 6/15/30 | 650000 | 662112 |
|  |  | 7272405 |
| **Hotel & Resort REITs — 0.4%** |  |  |
| Service Properties Trust, 5.25%, 2/15/26 | 180000 | 179285 |
| Service Properties Trust, 8.375%, 6/15/29 | 180000 | 187353 |
|  |  | 366638 |
| **Hotels, Restaurants and Leisure — 10.9%** |  |  |
| 1011778 BC ULC/New Red Finance, Inc., 4.375%, 1/15/28<sup>(1)</sup> | 1090000 | 1069934 |
| Bloomin' Brands, Inc./OSI Restaurant Partners LLC, 5.125%, 4/15/29<sup>(1)(2)</sup> | 300000 | 278476 |
| Boyd Gaming Corp., 4.75%, 12/1/27 | 400000 | 397783 |
| Caesars Entertainment, Inc., 4.625%, 10/15/29<sup>(1)(2)</sup> | 929000 | 887362 |
| Caesars Entertainment, Inc., 7.00%, 2/15/30<sup>(1)</sup> | 100000 | 103621 |
| Caesars Entertainment, Inc., 6.50%, 2/15/32<sup>(1)</sup> | 137000 | 140663 |
| Carnival Corp., 5.75%, 3/1/27<sup>(1)</sup> | 1000000 | 1008882 |
| Carnival Corp., 6.125%, 2/15/33<sup>(1)</sup> | 96000 | 98283 |
| Hilton Domestic Operating Co., Inc., 4.00%, 5/1/31<sup>(1)</sup> | 670000 | 630369 |
| International Game Technology PLC, 5.25%, 1/15/29<sup>(1)</sup> | 820000 | 813161 |
| Light & Wonder International, Inc., 7.25%, 11/15/29<sup>(1)</sup> | 650000 | 670072 |
| MGM Resorts International, 4.625%, 9/1/26 | 215000 | 214857 |
| Motion Finco SARL, 8.375%, 2/15/32<sup>(1)</sup> | 275000 | 252099 |
| NCL Corp. Ltd., 8.125%, 1/15/29<sup>(1)</sup> | 500000 | 527403 |
| Royal Caribbean Cruises Ltd., 5.375%, 7/15/27<sup>(1)</sup> | 1000000 | 1006536 |
| Six Flags Entertainment Corp., 7.25%, 5/15/31<sup>(1)</sup> | 500000 | 514155 |
| Station Casinos LLC, 4.625%, 12/1/31<sup>(1)</sup> | 295000 | 276521 |
| Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.25%, 5/15/27<sup>(1)</sup> | 325000 | 325464 |
|  |  | 9215641 |
| **Household Durables — 1.3%** |  |  |
| KB Home, 7.25%, 7/15/30 | 550000 | 569733 |
| Somnigroup International, Inc., 3.875%, 10/15/31<sup>(1)</sup> | 355000 | 323130 |
| TopBuild Corp., 3.625%, 3/15/29<sup>(1)</sup> | 260000 | 246157 |
|  |  | 1139020 |
| **Independent Power and Renewable Electricity Producers — 0.2%** |  |  |
| Calpine Corp., 4.625%, 2/1/29<sup>(1)</sup> | 200000 | 197659 |
| **Life Sciences Tools and Services — 0.9%** |  |  |
| Charles River Laboratories International, Inc., 4.25%, 5/1/28<sup>(1)</sup> | 500000 | 485497 |
| Fortrea Holdings, Inc., 7.50%, 7/1/30<sup>(1)</sup> | 300000 | 271928 |
|  |  | 757425 |

---

------

---

| | | |
|:---|:---|:---|
| **Machinery — 2.1%** |  |  |
| Chart Industries, Inc., 9.50%, 1/1/31<sup>(1)</sup> | 577000 | 616363 |
| GrafTech Finance, Inc., 4.625%, 12/23/29<sup>(1)(2)</sup> | 750000 | 517500 |
| Husky Injection Molding Systems Ltd./Titan Co-Borrower LLC, 9.00%, 2/15/29<sup>(1)(2)</sup> | 610000 | 638547 |
|  |  | 1772410 |
| **Media — 6.4%** |  |  |
| CCO Holdings LLC/CCO Holdings Capital Corp., 4.25%, 2/1/31<sup>(1)</sup> | 1427000 | 1333965 |
| CCO Holdings LLC/CCO Holdings Capital Corp., 7.375%, 3/1/31<sup>(1)</sup> | 625000 | 652522 |
| CSC Holdings LLC, 5.375%, 2/1/28<sup>(1)</sup> | 350000 | 320744 |
| CSC Holdings LLC, 7.50%, 4/1/28<sup>(1)</sup> | 380000 | 282365 |
| CSC Holdings LLC, 4.50%, 11/15/31<sup>(1)</sup> | 365000 | 257157 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(1)</sup> | 615000 | 634431 |
| Gray Media, Inc., 10.50%, 7/15/29<sup>(1)(2)</sup> | 200000 | 215015 |
| Nexstar Media, Inc., 5.625%, 7/15/27<sup>(1)</sup> | 460000 | 459221 |
| Sirius XM Radio LLC, 4.00%, 7/15/28<sup>(1)</sup> | 500000 | 480569 |
| TEGNA, Inc., 4.75%, 3/15/26<sup>(1)</sup> | 262000 | 261772 |
| Virgin Media Secured Finance PLC, 4.50%, 8/15/30<sup>(1)</sup> | 570000 | 530108 |
|  |  | 5427869 |
| **Metals and Mining — 2.6%** |  |  |
| Cleveland-Cliffs, Inc., 7.00%, 3/15/27 | 400000 | 400400 |
| Cleveland-Cliffs, Inc., 7.50%, 9/15/31<sup>(1)</sup> | 43000 | 41508 |
| Cleveland-Cliffs, Inc., 7.375%, 5/1/33<sup>(1)</sup> | 550000 | 516802 |
| Kaiser Aluminum Corp., 4.50%, 6/1/31<sup>(1)</sup> | 800000 | 748984 |
| Novelis Corp., 3.875%, 8/15/31<sup>(1)(2)</sup> | 251000 | 225737 |
| Roller Bearing Co. of America, Inc., 4.375%, 10/15/29<sup>(1)</sup> | 250000 | 242400 |
|  |  | 2175831 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.6%** |  |  |
| Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 7.00%, 7/15/31<sup>(1)</sup> | 445000 | 465623 |
| **Oil, Gas and Consumable Fuels — 5.1%** |  |  |
| 3R Lux SARL, 9.75%, 2/5/31<sup>(1)(2)</sup> | 250000 | 253006 |
| Antero Resources Corp. , 7.625%, 2/1/29<sup>(1)</sup> | 244000 | 250673 |
| CNX Resources Corp., 7.375%, 1/15/31<sup>(1)</sup> | 500000 | 521933 |
| EQT Corp., 7.50%, 6/1/27<sup>(1)</sup> | 360000 | 366635 |
| Expand Energy Corp., 6.75%, 4/15/29<sup>(1)</sup> | 67000 | 67844 |
| Expand Energy Corp., 5.375%, 3/15/30 | 670000 | 672354 |
| Geopark Ltd., 8.75%, 1/31/30<sup>(1)</sup> | 355000 | 312677 |
| Petroleos Mexicanos, 6.49%, 1/23/27 | 500000 | 497789 |
| SM Energy Co., 6.75%, 9/15/26 | 350000 | 350449 |
| SM Energy Co., 6.75%, 8/1/29<sup>(1)</sup> | 500000 | 498597 |
| Sunoco LP/Sunoco Finance Corp., 7.00%, 9/15/28<sup>(1)</sup> | 500000 | 516237 |
|  |  | 4308194 |
| **Passenger Airlines — 0.7%** |  |  |
| American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26<sup>(1)</sup> | 363055 | 362449 |
| Grupo Aeromexico SAB de CV, 8.25%, 11/15/29<sup>(1)</sup> | 240000 | 236328 |
|  |  | 598777 |
| **Personal Care Products — 0.9%** |  |  |
| Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, 6.625%, 7/15/30<sup>(1)</sup> | 350000 | 358313 |
| Edgewell Personal Care Co., 4.125%, 4/1/29<sup>(1)</sup> | 420000 | 397122 |
|  |  | 755435 |
| **Pharmaceuticals — 4.0%** |  |  |
| 1261229 BC Ltd., 10.00%, 4/15/32<sup>(1)</sup> | 300000 | 302847 |
| 180 Medical, Inc., 3.875%, 10/15/29<sup>(1)</sup> | 700000 | 666301 |
| AdaptHealth LLC, 4.625%, 8/1/29<sup>(1)</sup> | 375000 | 353725 |
| Bausch Health Cos., Inc., 4.875%, 6/1/28<sup>(1)</sup> | 150000 | 126656 |
| Bausch Health Cos., Inc., 11.00%, 9/30/28<sup>(1)(2)</sup> | 158000 | 156532 |

---

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| | | |
|:---|:---|:---|
| Endo Finance Holdings, Inc., 8.50%, 4/15/31<sup>(1)(2)</sup> | 315000 | 333840 |
| Jazz Securities DAC, 4.375%, 1/15/29<sup>(1)</sup> | 367000 | 354756 |
| Organon & Co./Organon Foreign Debt Co-Issuer BV, 5.125%, 4/30/31<sup>(1)</sup> | 820000 | 712322 |
| Perrigo Finance Unlimited Co., 4.90%, 6/15/30 | 250000 | 245981 |
| Teva Pharmaceutical Finance Netherlands III BV, 3.15%, 10/1/26 | 118000 | 115782 |
|  |  | 3368742 |
| **Professional Services — 0.6%** |  |  |
| Concentra Health Services, Inc., 6.875%, 7/15/32<sup>(1)</sup> | 490000 | 507941 |
| **Real Estate Management and Development — 0.3%** |  |  |
| Forestar Group, Inc., 6.50%, 3/15/33<sup>(1)</sup> | 225000 | 226863 |
| **Software — 0.4%** |  |  |
| Cloud Software Group, Inc., 9.00%, 9/30/29<sup>(1)</sup> | 300000 | 311237 |
| **Specialized REITs — 2.2%** |  |  |
| Iron Mountain, Inc., 4.875%, 9/15/29<sup>(1)</sup> | 1300000 | 1278132 |
| SBA Communications Corp., 3.125%, 2/1/29 | 570000 | 538825 |
|  |  | 1816957 |
| **Specialty Retail — 1.3%** |  |  |
| Murphy Oil USA, Inc., 3.75%, 2/15/31<sup>(1)</sup> | 440000 | 406409 |
| PetSmart, Inc./PetSmart Finance Corp., 4.75%, 2/15/28<sup>(1)</sup> | 600000 | 585609 |
| Sonic Automotive, Inc., 4.625%, 11/15/29<sup>(1)</sup> | 100000 | 97099 |
|  |  | 1089117 |
| **Technology Hardware, Storage and Peripherals — 1.2%** |  |  |
| Seagate HDD Cayman, 9.625%, 12/1/32 | 873800 | 985711 |
| **Trading Companies and Distributors — 0.2%** |  |  |
| Herc Holdings, Inc., 6.625%, 6/15/29<sup>(1)</sup> | 160000 | 164297 |
| **Wireless Telecommunication Services — 0.7%** |  |  |
| U.S. Cellular Corp., 6.70%, 12/15/33 | 287000 | 302780 |
| Vmed O2 U.K. Financing I PLC, 4.75%, 7/15/31<sup>(1)</sup> | 265000 | 245298 |
|  |  | 548078 |
| **TOTAL CORPORATE BONDS**<br>(Cost $67,705,290) |  | **66946797** |
| **EXCHANGE-TRADED FUNDS — 6.4%** |  |  |
| iShares Broad USD High Yield Corporate Bond ETF<sup>(2)</sup> | 53100 | 1991781 |
| iShares iBoxx $ High Yield Corporate Bond ETF | 11400 | 919410 |
| SPDR Bloomberg Short Term High Yield Bond ETF<sup>(2)</sup> | 44700 | 1138956 |
| SPDR Portfolio High Yield Bond ETF | 58400 | 1389920 |
| **TOTAL EXCHANGE-TRADED FUNDS**<br>(Cost $5,270,090) |  | **5440067** |
| **CONVERTIBLE PREFERRED SECURITIES — 4.0%** |  |  |
| **Banks — 3.1%** |  |  |
| Banco Bilbao Vizcaya Argentaria SA, 6.125% | 400000 | 392793 |
| Banco Santander SA, 4.75% | 200000 | 194386 |
| Barclays PLC, 6.125%<sup>(2)</sup> | 400000 | 400652 |
| BNP Paribas SA, 4.625%<sup>(1)(2)</sup> | 200000 | 194757 |
| Intesa Sanpaolo SpA, 7.70%<sup>(1)</sup> | 450000 | 451955 |
| Lloyds Banking Group PLC, 7.50% | 250000 | 251296 |
| Nordea Bank Abp, 6.625%<sup>(1)(2)</sup> | 250000 | 252063 |
| Societe Generale SA, 4.75%<sup>(1)</sup> | 235000 | 232096 |
| Standard Chartered PLC, 6.00%<sup>(1)</sup> | 200000 | 200000 |
|  |  | 2569998 |
| **Capital Markets — 0.7%** |  |  |
| Deutsche Bank AG, 6.00% | 200000 | 199589 |
| UBS Group AG, 5.125% | 401000 | 400923 |
|  |  | 600512 |

---

------

---

| | | |
|:---|:---|:---|
| **Insurance — 0.2%** |  |  |
| Allianz SE, 3.50%<sup>(1)</sup> | 200000 | 197132 |
| **TOTAL CONVERTIBLE PREFERRED SECURITIES**<br>(Cost $3,335,752) |  | **3367642** |
| **BANK LOAN OBLIGATIONS**<sup>(3)</sup> **— 1.6%** |  |  |
| **Health Care Equipment and Supplies — 0.5%** |  |  |
| Medline Borrower LP, 2024 USD Add-on Term Loan B, 6.58%, (1-month SOFR plus 2.25%), 10/23/28 | 444100 | 445110 |
| **Passenger Airlines — 0.5%** |  |  |
| American Airlines, Inc., 2024 1st Lien Term Loan B, 6.50%, (6-month SOFR plus 2.25%), 2/15/28 | 470450 | 466616 |
| **Pharmaceuticals — 0.6%** |  |  |
| Endo Luxembourg Finance Co. I SARL, 2024 1st Lien Term Loan, 8.33%, (1-month SOFR plus 4.00%), 4/23/31 | 496250 | 496560 |
| **TOTAL BANK LOAN OBLIGATIONS**<br>(Cost $1,395,830) |  | **1408286** |
| **PREFERRED SECURITIES — 1.1%** |  |  |
| **Banks — 0.9%** |  |  |
| Citigroup, Inc., 3.875% | 125000 | 123591 |
| Citigroup, Inc., 4.00% | 184000 | 183163 |
| Comerica, Inc., 5.625% | 425000 | 425000 |
| M&T Bank Corp., 5.125%<sup>(2)</sup> | 10000 | 9973 |
|  |  | 741727 |
| **Capital Markets — 0.2%** |  |  |
| Charles Schwab Corp., 4.00% | 180000 | 177522 |
| **TOTAL PREFERRED SECURITIES**<br>(Cost $912,887) |  | **919249** |
| **SHORT-TERM INVESTMENTS — 14.8%** |  |  |
| **Commercial Paper**<sup>(4)</sup> **— 5.2%** |  |  |
| Mainbeach Funding LLC, 4.45%, 7/1/25<sup>(1)</sup> | 2150000 | 2149741 |
| Overwatch Alpha Funding LLC, 4.45%, 7/1/25<sup>(1)</sup> | 2200000 | 2199735 |
|  |  | 4349476 |
| **Money Market Funds — 9.6%** |  |  |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | 60378 | 60378 |
| State Street Navigator Securities Lending Government Money Market Portfolio<sup>(5)</sup> | 8080663 | 8080663 |
|  |  | 8141041 |
| **TOTAL SHORT-TERM INVESTMENTS**<br>(Cost $12,491,041) |  | **12490517** |
| **TOTAL INVESTMENT SECURITIES — 107.2%**<br>(Cost $91,110,890) |  | **90572558** |
| **OTHER ASSETS AND LIABILITIES — (7.2)%** |  | **(6118343)** |
| **TOTAL NET ASSETS — 100.0%** |  | $**84454215** |

---

---

| | | |
|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** | **NOTES TO SCHEDULE OF INVESTMENTS** |
| SOFR | – | Secured Overnight Financing Rate |
| USD | – | United States Dollar |
| VRN | – | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security's offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. |

---

(1)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $59,498,748, which represented 70.5% of total net assets.

(2)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $9,809,266. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

(3)The interest rate on a bank loan obligation adjusts periodically based on a predetermined schedule. Rate or range of rates shown is effective at period end. The maturity date on a bank loan obligation may be less than indicated as a result of contractual or optional prepayments. These prepayments cannot be predicted with certainty.

(4)The rate indicated is the yield to maturity at purchase for non-interest bearing securities. For interest bearing securities, the stated coupon rate is shown.

(5)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $10,132,420, which includes securities collateral of $2,051,757.

------

**SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS** 

**1. Investment Valuations**

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Trustees oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds and bank loan obligations are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Commercial paper is valued using a curve-based approach that considers money market rates for specific instruments, programs, currencies and maturity points from a variety of active market makers.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Hybrid securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Preferred securities and convertible preferred securities with perpetual maturities are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information.

Open-end management investment companies are valued at the reported NAV per share. Repurchase agreements are valued at cost, which approximates fair value.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause the fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment's primary exchange but before the fund's NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

**2. Fair Value Measurements**

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels.

• Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

• Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars.

• Level 3 valuation inputs consist of unobservable data (including a fund's own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

------

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.

---

| | | | |
|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** |
| **Assets** |  |  |  |
| **Investment Securities** |  |  |  |
| Corporate Bonds |  | $66946797 |  |
| Exchange-Traded Funds | $5440067 |  |  |
| Convertible Preferred Securities |  | 3367642 |  |
| Bank Loan Obligations |  | 1408286 |  |
| Preferred Securities |  | 919249 |  |
| Short-Term Investments | 8141041 | 4349476 |  |
|  | $13581108 | $76991450 |  |

---

*This schedule of investments provides information about the fund's portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund's most recent annual or semiannual shareholder report.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** American Century Investment Trust

- **b. Investment Company Act file number:** 811-07822

- **c. CIK number of Registrant:** 0000908406

- **d. LEI of Registrant:** 549300RGSU9J1L1HFF90

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

  - **Street Address 1:** 4500 Main St

  - **City:** Kansas City

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64111

  - **Telephone number:** 816-531-5575

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

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

- **b. EDGAR series identifier (if any):** S000006580

- **c. LEI of Series:** 1YM17JGFHTSIS6G0L423

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $92587723.75

**Total Liabilities:** $8500383.19

**Net Assets:** $84087340.56

**Cash Not Reported:** $8224.87

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1.000000000000 | **1-Year:** 200.000000000000 | **5-Year:** 760.000000000000 | **10-Year:** 95.000000000000 | **30-Year:** 182.000000000000

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

- **3-Month:** 17.000000000000 | **1-Year:** 2932.000000000000 | **5-Year:** 12710.000000000000 | **10-Year:** 2262.000000000000 | **30-Year:** 524.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000017962 | 0.29%                | 1.27%                | 1.65%                |
| Class ID C000017963 | 0.27%                | 1.25%                | 1.62%                |
| Class ID C000017964 | 0.30%                | 1.28%                | 1.66%                |
| Class ID C000017967 | 0.20%                | 1.18%                | 1.56%                |
| Class ID C000017968 | 0.24%                | 1.22%                | 1.60%                |
| Class ID C000131614 | 0.31%                | 1.29%                | 1.67%                |
| Class ID C000189687 | 0.10%                | 1.47%                | 1.65%                |
| Class ID C000189688 | 0.30%                | 1.28%                | 1.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-20424.29               | $-244385.72                                |
| Month 2  | $-35039.73               | $768682.73                                 |
| Month 3  | $10307.98                | $978355.93                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Acadia Healthcare Co Inc                                                                                                      | Acadia Healthcare Co Inc 7.38 03/15/2033                                              | CUSIP: 00404AAQ2<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    230000 | PA      | $237240.86    | 0.28%             | 2033-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| Bread Financial Holdings Inc                                                                                                  | Bread Financial Holdings Inc 8.38 06/15/2035                                          | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    229000 | PA      | $230759.41    | 0.27%             | 2035-06-15      | Variable      | 8.38%                 | No            |                  2 | On Loan: —       |
| BNP Paribas SA                                                                                                                | BNP Paribas SA (pfd) 4.63% 07/12/2173 Perpetual                                       | CUSIP: 05565AB28<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EP               | CORP              | FR        |    200000 | NS      | $194756.78    | 0.23%             |  |  |  | No            |                  2 | On Loan: —       |
| Barclays PLC                                                                                                                  | Barclays PLC (pfd) 6.13% 12/15/2173 Perpetual                                         | CUSIP: 06738EBN4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EP               | CORP              | GB        |    400000 | NS      | $400652.40    | 0.48%             |  |  |  | No            |                  2 | On Loan: —       |
| Bausch Health Cos Inc                                                                                                         | Bausch Health Cos Inc 11.00 09/30/2028                                                | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    158000 | PA      | $156532.18    | 0.19%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: —       |
| Bloomin' Brands Inc                                                                                                           | Bloomin' Brands Inc / OSI Restaurant Partners LLC 5.13 04/15/2029                     | CUSIP: 094234AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $278476.35    | 0.33%             | 2029-04-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: —       |
| Bombardier Inc                                                                                                                | Bombardier Inc 7.50 02/01/2029                                                        | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    175000 | PA      | $183875.74    | 0.22%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Caesars Entertainment Inc                                                                                                     | Caesars Entertainment Inc 4.63 10/15/2029                                             | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    929000 | PA      | $887362.24    | 1.06%             | 2029-10-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| Endo Finance Holdings Inc                                                                                                     | Endo Finance Holdings Inc 8.50 04/15/2031                                             | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    315000 | PA      | $333839.52    | 0.40%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| Fiesta Purchaser Inc                                                                                                          | Fiesta Purchaser Inc 9.63 09/15/2032                                                  | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $264417.00    | 0.31%             | 2032-09-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: —       |
| GrafTech Finance Inc                                                                                                          | GrafTech Finance Inc 4.63 12/23/2029                                                  | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |    750000 | PA      | $517500.00    | 0.62%             | 2029-12-23      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| Gray Media Inc                                                                                                                | Gray Media Inc 10.50 07/15/2029                                                       | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    200000 | PA      | $215015.00    | 0.26%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                                                                   | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC 9.00 02/15/2029           | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    610000 | PA      | $638546.77    | 0.76%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| iShares Broad USD High Yield Corporate Bond ETF                                                                               | iShares Broad USD High Yield Corporate Bond ETF                                       | CUSIP: 46435U853<br>LEI: 549300X7H67ZLUE3IZ46 | Long             | EC               | RF                | US        |     53100 | NS      | $1991781.00   | 2.37%             |  |  |  | No            |                  1 | On Loan: —       |
| M&T Bank Corp                                                                                                                 | M&T Bank Corp (pfd) 5.13% 05/01/2174 Perpetual                                        | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |     10000 | NS      | $9972.64      | 0.01%             |  |  |  | No            |                  2 | On Loan: —       |
| Macy's Retail Holdings LLC                                                                                                    | Macy's Retail Holdings LLC 5.88 04/01/2029                                            | CUSIP: 55617LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $247663.30    | 0.29%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| Macy's Retail Holdings LLC                                                                                                    | Macy's Retail Holdings LLC 6.13 03/15/2032                                            | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $262534.01    | 0.31%             | 2032-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: —       |
| Nordea Bank Abp                                                                                                               | Nordea Bank Abp (pfd) 6.63% 09/26/2173 Perpetual                                      | CUSIP: 65559CAA9<br>LEI: 529900ODI3047E2LIV03 | Long             | EP               | CORP              | FI        |    250000 | NS      | $252062.50    | 0.30%             |  |  |  | No            |                  2 | On Loan: —       |
| Novelis Corp                                                                                                                  | Novelis Corp 3.88 08/15/2031                                                          | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    251000 | PA      | $225736.91    | 0.27%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Owens & Minor Inc                                                                                                             | Owens & Minor Inc 4.50 03/31/2029                                                     | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    350000 | PA      | $314041.41    | 0.37%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| SPDR Bloomberg Short Term High Yield Bond ETF                                                                                 | SPDR Bloomberg Short Term High Yield Bond ETF                                         | CUSIP: 78468R408<br>LEI: 549300YI2V5ELVW58659 | Long             | EC               | RF                | US        |     44700 | NS      | $1138956.00   | 1.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Select Medical Corp                                                                                                           | Select Medical Corp 6.25 12/01/2032                                                   | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |    275000 | PA      | $276823.53    | 0.33%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| Surgery Center Holdings Inc                                                                                                   | Surgery Center Holdings Inc 7.25 04/15/2032                                           | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |    555000 | PA      | $566245.45    | 0.67%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| 3R Lux SARL                                                                                                                   | 3R Lux SARL 9.75 02/05/2031                                                           | CUSIP: 88563PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    250000 | PA      | $253006.35    | 0.30%             | 2031-02-05      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| Tronox Inc                                                                                                                    | Tronox Inc 4.63 03/15/2029                                                            | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |    490000 | PA      | $423246.81    | 0.50%             | 2029-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: —       |
| State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio | State Street Navigator Securities Lending Government Money Market Portfolio           | CUSIP: N/A<br>LEI: 5493008BJIBKQ5KTIF74       | Long             | STIV             | RF                | US        |   8069888 | NS      | $8069887.50   | 9.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Bombardier Inc                                                                                                                | Bombardier Inc 8.75 11/15/2030                                                        | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    427000 | PA      | $462794.98    | 0.55%             | 2030-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Boyd Gaming Corp                                                                                                              | Boyd Gaming Corp 4.75 12/01/2027                                                      | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    400000 | PA      | $397782.96    | 0.47%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Brand Industrial Services Inc                                                                                                 | Brand Industrial Services Inc 10.38 08/01/2030                                        | CUSIP: 104931AA8<br>LEI: 549300B658W2BPDQMW42 | Long             | DBT              | CORP              | US        |    740000 | PA      | $683675.88    | 0.81%             | 2030-08-01      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Concentra Health Services Inc                                                                                                 | Concentra Health Services Inc 6.88 07/15/2032                                         | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |    490000 | PA      | $507940.69    | 0.60%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC                                                          | Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC 6.63 07/15/2030  | CUSIP: 22207AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $358312.85    | 0.43%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| DaVita Inc                                                                                                                    | DaVita Inc 4.63 06/01/2030                                                            | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |    650000 | PA      | $623217.79    | 0.74%             | 2030-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Deluxe Corp                                                                                                                   | Deluxe Corp 8.13 09/15/2029                                                           | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    388000 | PA      | $400927.38    | 0.48%             | 2029-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| 1011778 BC ULC / New Red Finance Inc                                                                                          | 1011778 BC ULC / New Red Finance Inc 4.38 01/15/2028                                  | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1090000 | PA      | $1069933.54   | 1.27%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| 1261229 BC Ltd                                                                                                                | 1261229 BC Ltd 10.00 04/15/2032                                                       | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    300000 | PA      | $302846.99    | 0.36%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Fibercop SpA                                                                                                                  | Fibercop SpA 6.38 11/15/2033                                                          | CUSIP: 683879AB6<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    355000 | PA      | $346511.95    | 0.41%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Option Care Health Inc                                                                                                        | Option Care Health Inc 4.38 10/31/2029                                                | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |    500000 | PA      | $481606.05    | 0.57%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Organon & Co / Organon Foreign Debt Co-Issuer BV                                                                              | Organon & Co / Organon Foreign Debt Co-Issuer BV 5.13 04/30/2031                      | CUSIP: 68622TAB7<br>LEI: 549300SH15FO4Y2G3V63 | Long             | DBT              | CORP              | US        |    820000 | PA      | $712322.27    | 0.85%             | 2031-04-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Palomino Funding Trust I                                                                                                      | Palomino Funding Trust I 7.23 05/17/2028                                              | CUSIP: 69754AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    490000 | PA      | $517884.68    | 0.62%             | 2028-05-17      | Fixed         | 7.23%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services Inc                                                                                               | PennyMac Financial Services Inc 6.88 02/15/2033                                       | CUSIP: 70932MAF4<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    110000 | PA      | $112887.50    | 0.13%             | 2033-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Performance Food Group Inc                                                                                                    | Performance Food Group Inc 6.13 09/15/2032                                            | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    300000 | PA      | $307255.20    | 0.37%             | 2032-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Co                                                                                                  | Perrigo Finance Unlimited Co 4.90 06/15/2030                                          | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    250000 | PA      | $245980.98    | 0.29%             | 2030-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                                                                                                           | Petroleos Mexicanos 6.49 01/23/2027                                                   | CUSIP: 71654QDB5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    500000 | PA      | $497788.95    | 0.59%             | 2027-01-23      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| PetSmart Inc / PetSmart Finance Corp                                                                                          | PetSmart Inc / PetSmart Finance Corp 4.75 02/15/2028                                  | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $585608.60    | 0.70%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Planet Financial Group LLC                                                                                                    | Planet Financial Group LLC 10.50 12/15/2029                                           | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    195000 | PA      | $195345.15    | 0.23%             | 2029-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Star Parent Inc                                                                                                               | Star Parent Inc 9.00 10/01/2030                                                       | CUSIP: 855170AA4<br>LEI: 254900GRGCJYRMDRWT73 | Long             | DBT              | CORP              | US        |    259000 | PA      | $272744.82    | 0.32%             | 2030-10-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Station Casinos LLC                                                                                                           | Station Casinos LLC 4.63 12/01/2031                                                   | CUSIP: 857691AH2<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    295000 | PA      | $276520.79    | 0.33%             | 2031-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Sunoco LP / Sunoco Finance Corp                                                                                               | Sunoco LP / Sunoco Finance Corp 7.00 09/15/2028                                       | CUSIP: 86765KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $516237.00    | 0.61%             | 2028-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TEGNA Inc                                                                                                                     | TEGNA Inc 4.75 03/15/2026                                                             | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    262000 | PA      | $261772.19    | 0.31%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Somnigroup International Inc                                                                                                  | Somnigroup International Inc 3.88 10/15/2031                                          | CUSIP: 88023UAJ0<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    355000 | PA      | $323129.48    | 0.38%             | 2031-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                                                                         | Tenet Healthcare Corp 6.13 10/01/2028                                                 | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    320000 | PA      | $320648.29    | 0.38%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp                                                                                                         | Tenet Healthcare Corp 6.13 06/15/2030                                                 | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    650000 | PA      | $662112.20    | 0.79%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III BV                                                                                | Teva Pharmaceutical Finance Netherlands III BV 3.15 10/01/2026                        | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    118000 | PA      | $115781.74    | 0.14%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| TopBuild Corp                                                                                                                 | TopBuild Corp 3.63 03/15/2029                                                         | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    260000 | PA      | $246157.00    | 0.29%             | 2029-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                                                                 | TransDigm Inc 4.63 01/15/2029                                                         | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490956.50    | 0.58%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc                                                                                                                 | TransDigm Inc 6.75 08/15/2028                                                         | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    368000 | PA      | $376239.52    | 0.45%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Trident Energy Finance PLC                                                                                                    | Trident Energy Finance PLC 12.50 11/30/2029                                           | CUSIP: 89616MAB6<br>LEI: 9845004ECK3FYO64I382 | Long             | DBT              | CORP              | GB        |    250000 | PA      | $251021.84    | 0.30%             | 2029-11-30      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| United Rentals North America Inc                                                                                              | United Rentals North America Inc 3.88 02/15/2031                                      | CUSIP: 911363AM1<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    500000 | PA      | $470521.45    | 0.56%             | 2031-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United Rentals North America Inc                                                                                              | United Rentals North America Inc 4.88 01/15/2028                                      | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498343.40    | 0.59%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| United States Cellular Corp                                                                                                   | United States Cellular Corp 6.70 12/15/2033                                           | CUSIP: 911684AD0<br>LEI: 549300B164AZXESI6E03 | Long             | DBT              | CORP              | US        |    287000 | PA      | $302780.12    | 0.36%             | 2033-12-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                                                                            | Expand Energy Corp 6.75 04/15/2029                                                    | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |     67000 | PA      | $67843.93     | 0.08%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                                                                                   | Wayfair LLC 7.75 09/15/2030                                                           | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    230000 | PA      | $232002.38    | 0.28%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Williams Scotsman Inc                                                                                                         | Williams Scotsman Inc 6.63 06/15/2029                                                 | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    285000 | PA      | $292758.56    | 0.35%             | 2029-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Williams Scotsman Inc                                                                                                         | Williams Scotsman Inc 6.63 04/15/2030                                                 | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    415000 | PA      | $431421.97    | 0.51%             | 2030-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                                                              | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp 5.25 05/15/2027                      | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    325000 | PA      | $325464.24    | 0.39%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AHP Health Partners Inc                                                                                                       | AHP Health Partners Inc 5.75 07/15/2029                                               | CUSIP: 00150LAB7<br>LEI: 549300QMM8MQ6SM5KX05 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97599.09     | 0.12%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc/AAdvantage Loyalty IP Ltd                                                                               | American Airlines Inc/AAdvantage Loyalty IP Ltd 5.50 04/20/2026                       | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    363056 | PA      | $362449.47    | 0.43%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Acadia Healthcare Co Inc                                                                                                      | Acadia Healthcare Co Inc 5.50 07/01/2028                                              | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    485000 | PA      | $482185.06    | 0.57%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| iShares iBoxx $ High Yield Corporate Bond ETF                                                                                 | iShares iBoxx $ High Yield Corporate Bond ETF                                         | CUSIP: 464288513<br>LEI: N/A                  | Long             | EC               | RF                | US        |     11400 | NS      | $919410.00    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ZF North America Capital Inc                                                                                                  | ZF North America Capital Inc 7.13 04/14/2030                                          | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $978899.70    | 1.16%             | 2030-04-14      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                                                                  | UBS Group AG (pfd) 5.13% 07/29/2173 Perpetual                                         | CUSIP: H42097BR7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EP               | CORP              | CH        |    401000 | NS      | $400922.84    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp                                                            | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp 7.00 07/15/2031    | CUSIP: 505742AR7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    445000 | PA      | $465623.53    | 0.55%             | 2031-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Lamb Weston Holdings Inc                                                                                                      | Lamb Weston Holdings Inc 4.38 01/31/2032                                              | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    150000 | PA      | $141044.19    | 0.17%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                                                                         | Level 3 Financing Inc 3.75 07/15/2029                                                 | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    165000 | PA      | $139631.25    | 0.17%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing Inc                                                                                                         | Level 3 Financing Inc 10.00 10/15/2032                                                | CUSIP: 527298CK7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    116620 | PA      | $117982.39    | 0.14%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Live Nation Entertainment Inc                                                                                                 | Live Nation Entertainment Inc 3.75 01/15/2028                                         | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    750000 | PA      | $727607.70    | 0.87%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                                                                                                      | Lloyds Banking Group PLC (pfd) 7.50% 12/27/2173 Perpetual                             | CUSIP: 539439AU3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EP               | CORP              | GB        |    250000 | NS      | $251296.25    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| MGM Resorts International                                                                                                     | MGM Resorts International 4.63 09/01/2026                                             | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    215000 | PA      | $214856.64    | 0.26%             | 2026-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corp                                                                               | MPT Operating Partnership LP / MPT Finance Corp 8.50 02/15/2032                       | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    409000 | PA      | $428370.65    | 0.51%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Mainbeach Funding LLC                                                                                                         | Mainbeach Funding LLC 0.00 07/01/2025                                                 | CUSIP: 56037BU10<br>LEI: 635400CWJW29VERCBI90 | Long             | STIV             | CORP              | US        |   2150000 | PA      | $2149741.57   | 2.56%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                                                                           | MEDLINE BORROWER LP 2024 USD ADD ON TERM LOAN B                                       | CUSIP: 58503UAF0<br>LEI: 254900QT3R363TVK6F09 | Long             | LON              | CORP              | US        |    445219 | PA      | $446231.48    | 0.53%             | 2028-10-23      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| Molina Healthcare Inc                                                                                                         | Molina Healthcare Inc 4.38 06/15/2028                                                 | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    420000 | PA      | $410812.75    | 0.49%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Molina Healthcare Inc                                                                                                         | Molina Healthcare Inc 3.88 11/15/2030                                                 | CUSIP: 60855RAK6<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    100000 | PA      | $93076.02     | 0.11%             | 2030-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Motion Finco Sarl                                                                                                             | Motion Finco Sarl 8.38 02/15/2032                                                     | CUSIP: 61980LAB5<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |    275000 | PA      | $252099.18    | 0.30%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Medline Borrower LP                                                                                                           | Medline Borrower LP 5.25 10/01/2029                                                   | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |    650000 | PA      | $645407.62    | 0.77%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Murphy Oil USA Inc                                                                                                            | Murphy Oil USA Inc 3.75 02/15/2031                                                    | CUSIP: 626738AF5<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    440000 | PA      | $406409.52    | 0.48%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NCL Corp Ltd                                                                                                                  | NCL Corp Ltd 8.13 01/15/2029                                                          | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |    500000 | PA      | $527403.00    | 0.63%             | 2029-01-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Nexstar Media Inc                                                                                                             | Nexstar Media Inc 5.63 07/15/2027                                                     | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    460000 | PA      | $459220.57    | 0.55%             | 2027-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Olin Corp                                                                                                                     | Olin Corp 5.63 08/01/2029                                                             | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496507.03    | 0.59%             | 2029-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| 180 Medical Inc                                                                                                               | 180 Medical Inc 3.88 10/15/2029                                                       | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |    700000 | PA      | $666301.23    | 0.79%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Overwatch Alpha Funding LLC                                                                                                   | Overwatch Alpha Funding LLC 0.00 07/01/2025                                           | CUSIP: 69039TU12<br>LEI: 254900B3TINYQPJOZP37 | Long             | STIV             | CORP              | US        |   2200000 | PA      | $2199734.90   | 2.62%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund                                                                    | State Street Institutional US Government Money Market Fund                            | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     60378 | NS      | $60378.25     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth LLC                                                                                                               | AdaptHealth LLC 4.63 08/01/2029                                                       | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    375000 | PA      | $353725.46    | 0.42%             | 2029-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                                                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 4.63 01/15/2027 | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    555000 | PA      | $552021.26    | 0.66%             | 2027-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC                                                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 3.50 03/15/2029 | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    600000 | PA      | $569081.88    | 0.68%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ATI Inc                                                                                                                       | ATI Inc 4.88 10/01/2029                                                               | CUSIP: 01741RAL6<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    690000 | PA      | $676393.96    | 0.80%             | 2029-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Allianz SE                                                                                                                    | Allianz SE (pfd) 3.50% 04/30/2174 Perpetual                                           | CUSIP: 018820AA8<br>LEI: 529900K9B0N5BT694847 | Long             | EP               | CORP              | DE        |    200000 | NS      | $197131.38    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                                                                                                         | AMERICAN AIRLINES INC 2024 1ST LIEN TERM LOAN B                                       | CUSIP: 02376CBR5<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | US        |    470450 | PA      | $466615.83    | 0.55%             | 2028-02-15      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| Antero Resources Corp                                                                                                         | Antero Resources Corp 7.63 02/01/2029                                                 | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |    244000 | PA      | $250672.67    | 0.30%             | 2029-02-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Avantor Funding Inc                                                                                                           | Avantor Funding Inc 3.88 11/01/2029                                                   | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    560000 | PA      | $530648.38    | 0.63%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                                                                           | Axon Enterprise Inc 6.13 03/15/2030                                                   | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30925.80     | 0.04%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                                                                           | Axon Enterprise Inc 6.25 03/15/2033                                                   | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |     17000 | PA      | $17546.75     | 0.02%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                                                                                                     | Ball Corp 6.88 03/15/2028                                                             | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    305000 | PA      | $312310.24    | 0.37%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                                                                                            | Banco Bilbao Vizcaya Argentaria SA (pfd) 6.13% 02/16/2174 Perpetual                   | CUSIP: 05946KAF8<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EP               | CORP              | ES        |    400000 | NS      | $392793.04    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                                                                                            | Banco Santander SA (pfd) 4.75% 08/12/2173 Perpetual                                   | CUSIP: 05971KAH2<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EP               | CORP              | ES        |    200000 | NS      | $194385.68    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| CVS Health Corp                                                                                                               | CVS Health Corp 7.00 03/10/2055                                                       | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    260000 | PA      | $268816.66    | 0.32%             | 2055-03-10      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                                                                                     | Caesars Entertainment Inc 7.00 02/15/2030                                             | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103620.70    | 0.12%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment Inc                                                                                                     | Caesars Entertainment Inc 6.50 02/15/2032                                             | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    137000 | PA      | $140663.48    | 0.17%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                                         | Quikrete Holdings Inc 6.75 03/01/2033                                                 | CUSIP: 74843PAB6<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |     68000 | PA      | $70206.67     | 0.08%             | 2033-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Roller Bearing Co of America Inc                                                                                              | Roller Bearing Co of America Inc 4.38 10/15/2029                                      | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |    250000 | PA      | $242399.65    | 0.29%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd                                                                                                   | Royal Caribbean Cruises Ltd 5.38 07/15/2027                                           | CUSIP: 780153BK7<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1006536.19   | 1.20%             | 2027-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp                                                                                                       | SBA Communications Corp 3.13 02/01/2029                                               | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |    570000 | PA      | $538825.45    | 0.64%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                                                                                  | SM Energy Co 6.75 09/15/2026                                                          | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    350000 | PA      | $350448.70    | 0.42%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                                                                                                  | SM Energy Co 6.75 08/01/2029                                                          | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    500000 | PA      | $498596.85    | 0.59%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Charles Schwab Corp/The                                                                                                       | Charles Schwab Corp/The (pfd) 4.00% 06/01/2174 Perpetual                              | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | EP               | CORP              | US        |    180000 | NS      | $177521.76    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Light & Wonder International Inc                                                                                              | Light & Wonder International Inc 7.25 11/15/2029                                      | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    650000 | PA      | $670072.46    | 0.80%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                                                                                            | Seagate HDD Cayman 9.63 12/01/2032                                                    | CUSIP: 81180WBM2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |    873800 | PA      | $985711.06    | 1.17%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp                                                                                                               | Sealed Air Corp 5.00 04/15/2029                                                       | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    380000 | PA      | $376152.50    | 0.45%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp/Sealed Air Corp US                                                                                            | Sealed Air Corp/Sealed Air Corp US 7.25 02/15/2031                                    | CUSIP: 812127AB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    350000 | PA      | $368804.80    | 0.44%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies BV                                                                                                       | Sensata Technologies BV 5.88 09/01/2030                                               | CUSIP: 81725WAL7<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | US        |    385000 | PA      | $385835.84    | 0.46%             | 2030-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Service Corp International/US                                                                                                 | Service Corp International/US 3.38 08/15/2030                                         | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    300000 | PA      | $275955.39    | 0.33%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                                                                      | Service Properties Trust 8.38 06/15/2029                                              | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    180000 | PA      | $187352.46    | 0.22%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio LLC                                                                                                           | Sirius XM Radio LLC 4.00 07/15/2028                                                   | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    500000 | PA      | $480569.25    | 0.57%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp                                                                                                  | Six Flags Entertainment Corp 7.25 05/15/2031                                          | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |    500000 | PA      | $514155.41    | 0.61%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Societe Generale SA                                                                                                           | Societe Generale SA (pfd) 4.75% 11/26/2173 Perpetual                                  | CUSIP: 83370RAB4<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EP               | CORP              | FR        |    235000 | NS      | $232096.43    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonic Automotive Inc                                                                                                          | Sonic Automotive Inc 4.63 11/15/2029                                                  | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97098.63     | 0.12%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                                                                                            | Expand Energy Corp 5.38 03/15/2030                                                    | CUSIP: 845467AS8<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |    670000 | PA      | $672354.38    | 0.80%             | 2030-03-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                                                                                                        | Spirit AeroSystems Inc 4.60 06/15/2028                                                | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    440000 | PA      | $432836.93    | 0.51%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Standard Chartered PLC                                                                                                        | Standard Chartered PLC (pfd) 6.00% 01/26/2174 Perpetual                               | CUSIP: 853254BT6<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EP               | CORP              | GB        |    200000 | NS      | $200000.00    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Industries Inc/NY                                                                                                    | Standard Industries Inc/NY 4.38 07/15/2030                                            | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    750000 | PA      | $710599.82    | 0.85%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Virgin Media Secured Finance PLC                                                                                              | Virgin Media Secured Finance PLC 4.50 08/15/2030                                      | CUSIP: 92769XAR6<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    570000 | PA      | $530108.26    | 0.63%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Vmed O2 UK Financing I PLC                                                                                                    | Vmed O2 UK Financing I PLC 4.75 07/15/2031                                            | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    265000 | PA      | $245297.60    | 0.29%             | 2031-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance Inc                                                                                                  | Walgreens Boots Alliance Inc 3.45 06/01/2026                                          | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    400000 | PA      | $391621.37    | 0.47%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance Inc                                                                                                  | Walgreens Boots Alliance Inc 8.13 08/15/2029                                          | CUSIP: 931427AW8<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    200000 | PA      | $212242.21    | 0.25%             | 2029-08-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Calpine Corp                                                                                                                  | Calpine Corp 4.63 02/01/2029                                                          | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    200000 | PA      | $197658.66    | 0.24%             | 2029-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                                                                                 | Carnival Corp 5.75 03/01/2027                                                         | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008881.73   | 1.20%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corp                                                                                                                 | Carnival Corp 6.13 02/15/2033                                                         | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |     96000 | PA      | $98282.59     | 0.12%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                                                                      | Celanese US Holdings LLC 6.42 07/15/2027                                              | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    478000 | PA      | $495326.91    | 0.59%             | 2027-07-15      | Fixed         | 6.42%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                                                                      | Celanese US Holdings LLC 6.85 11/15/2028                                              | CUSIP: 15089QAW4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    270000 | PA      | $283890.42    | 0.34%             | 2028-11-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                                                                      | Celanese US Holdings LLC 6.50 04/15/2030                                              | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    230000 | PA      | $235588.54    | 0.28%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Charles River Laboratories International Inc                                                                                  | Charles River Laboratories International Inc 4.25 05/01/2028                          | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    500000 | PA      | $485496.95    | 0.58%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chart Industries Inc                                                                                                          | Chart Industries Inc 9.50 01/01/2031                                                  | CUSIP: 16115QAG5<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    577000 | PA      | $616362.94    | 0.73%             | 2031-01-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Chemours Co/The                                                                                                               | Chemours Co/The 4.63 11/15/2029                                                       | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    400000 | PA      | $348553.92    | 0.41%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Chemours Co/The                                                                                                               | Chemours Co/The 8.00 01/15/2033                                                       | CUSIP: 163851AJ7<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    300000 | PA      | $281147.49    | 0.33%             | 2033-01-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc (pfd) 4.00% 03/10/2174 Perpetual                                        | CUSIP: 172967MU2<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    184000 | NS      | $183163.30    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Citigroup Inc                                                                                                                 | Citigroup Inc (pfd) 3.88% 05/18/2174 Perpetual                                        | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    125000 | NS      | $123591.59    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Clean Harbors Inc                                                                                                             | Clean Harbors Inc 4.88 07/15/2027                                                     | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    500000 | PA      | $497902.10    | 0.59%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Clean Harbors Inc                                                                                                             | Clean Harbors Inc 6.38 02/01/2031                                                     | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    245000 | PA      | $251188.21    | 0.30%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                                          | Cleveland-Cliffs Inc 7.00 03/15/2027                                                  | CUSIP: 185899AM3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    400000 | PA      | $400400.00    | 0.48%             | 2027-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                                          | Cleveland-Cliffs Inc 7.38 05/01/2033                                                  | CUSIP: 185899AR2<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    550000 | PA      | $516802.98    | 0.61%             | 2033-05-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                                          | Cleveland-Cliffs Inc 7.50 09/15/2031                                                  | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     43000 | PA      | $41507.90     | 0.05%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group Inc                                                                                                      | Cloud Software Group Inc 9.00 09/30/2029                                              | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    300000 | PA      | $311236.62    | 0.37%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Comerica Inc                                                                                                                  | Comerica Inc (pfd) 5.63% 10/01/2173 Perpetual                                         | CUSIP: 200340AU1<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EP               | CORP              | US        |    425000 | NS      | $425000.00    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                                                                                              | Deutsche Bank AG (pfd) 6.00% 04/30/2174 Perpetual                                     | CUSIP: 251525AX9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | EP               | CORP              | DE        |    200000 | NS      | $199588.98    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| DISH Network Corp                                                                                                             | DISH Network Corp 11.75 11/15/2027                                                    | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    615000 | PA      | $634431.54    | 0.75%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| EQT Corp                                                                                                                      | EQT Corp 7.50 06/01/2027                                                              | CUSIP: 26884LBG3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |    360000 | PA      | $366635.20    | 0.44%             | 2027-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Edgewell Personal Care Co                                                                                                     | Edgewell Personal Care Co 4.13 04/01/2029                                             | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    420000 | PA      | $397122.68    | 0.47%             | 2029-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Encompass Health Corp                                                                                                         | Encompass Health Corp 4.75 02/01/2030                                                 | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    250000 | PA      | $247023.08    | 0.29%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings Inc                                                                                                     | ENDO LUX FINAN COMPANY I SARL 2024 1ST LIEN TERM LOAN                                 | CUSIP: 29280UAD5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    496250 | PA      | $496560.16    | 0.59%             | 2031-04-23      | Floating      | 8.33%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                                                                                                      | Ford Motor Credit Co LLC 3.63 06/17/2031                                              | CUSIP: 345397B69<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $616451.12    | 0.73%             | 2031-06-17      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Forestar Group Inc                                                                                                            | Forestar Group Inc 6.50 03/15/2033                                                    | CUSIP: 346232AG6<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |    225000 | PA      | $226863.00    | 0.27%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fortrea Holdings Inc                                                                                                          | Fortrea Holdings Inc 7.50 07/01/2030                                                  | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |    300000 | PA      | $271927.62    | 0.32%             | 2030-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corp                                                                                                         | Freedom Mortgage Corp 12.00 10/01/2028                                                | CUSIP: 35640YAK3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    375000 | PA      | $403521.83    | 0.48%             | 2028-10-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                                                 | Freedom Mortgage Holdings LLC 9.25 02/01/2029                                         | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     75000 | PA      | $77956.88     | 0.09%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc                                                                                                         | GFL Environmental Inc 4.00 08/01/2028                                                 | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $679462.27    | 0.81%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Neogen Food Safety Corp                                                                                                       | Neogen Food Safety Corp 8.63 07/20/2030                                               | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $517591.00    | 0.62%             | 2030-07-20      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Geopark Ltd                                                                                                                   | Geopark Ltd 8.75 01/31/2030                                                           | CUSIP: 37255BAC3<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | CO        |    355000 | PA      | $312676.90    | 0.37%             | 2030-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Goodyear Tire & Rubber Co/The                                                                                                 | Goodyear Tire & Rubber Co/The 5.00 05/31/2026                                         | CUSIP: 382550BF7<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    278000 | PA      | $278899.91    | 0.33%             | 2026-05-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grupo Aeromexico SAB de CV                                                                                                    | Grupo Aeromexico SAB de CV 8.25 11/15/2029                                            | CUSIP: 40054JAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    240000 | PA      | $236328.00    | 0.28%             | 2029-11-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                                                             | Herc Holdings Inc 6.63 06/15/2029                                                     | CUSIP: 42704LAE4<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    160000 | PA      | $164297.44    | 0.20%             | 2029-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Post Holdings Inc                                                                                                             | Post Holdings Inc 6.25 02/15/2032                                                     | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    300000 | PA      | $308680.26    | 0.37%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                                         | Quikrete Holdings Inc 6.38 03/01/2032                                                 | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    113000 | PA      | $116270.78    | 0.14%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos Inc                                                                                                         | Bausch Health Cos Inc 4.88 06/01/2028                                                 | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    150000 | PA      | $126656.25    | 0.15%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource Inc                                                                                                      | Builders FirstSource Inc 5.00 03/01/2030                                              | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    620000 | PA      | $609111.19    | 0.72%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                                                                  | CCO Holdings LLC / CCO Holdings Capital Corp 4.25 02/01/2031                          | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1427000 | PA      | $1333964.55   | 1.59%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC / CCO Holdings Capital Corp                                                                                  | CCO Holdings LLC / CCO Holdings Capital Corp 7.38 03/01/2031                          | CUSIP: 1248EPCT8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    625000 | PA      | $652521.88    | 0.78%             | 2031-03-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                              | CHS/Community Health Systems Inc 5.63 03/15/2027                                      | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    400000 | PA      | $394242.20    | 0.47%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                              | CHS/Community Health Systems Inc 6.88 04/15/2029                                      | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    250000 | PA      | $199545.00    | 0.24%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                              | CHS/Community Health Systems Inc 4.75 02/15/2031                                      | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    550000 | PA      | $470650.18    | 0.56%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                              | CHS/Community Health Systems Inc 10.88 01/15/2032                                     | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    370000 | PA      | $392613.29    | 0.47%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                                                                              | CSC Holdings LLC 5.38 02/01/2028                                                      | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    350000 | PA      | $320743.88    | 0.38%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                                                                              | CSC Holdings LLC 7.50 04/01/2028                                                      | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    380000 | PA      | $282364.89    | 0.34%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                                                                                                              | CSC Holdings LLC 4.50 11/15/2031                                                      | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    365000 | PA      | $257157.07    | 0.31%             | 2031-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CNX Resources Corp                                                                                                            | CNX Resources Corp 7.38 01/15/2031                                                    | CUSIP: 12653CAK4<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    500000 | PA      | $521933.00    | 0.62%             | 2031-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co Inc                                                                                              | Hilton Domestic Operating Co Inc 4.00 05/01/2031                                      | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    670000 | PA      | $630369.12    | 0.75%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                                                                                                   | Hologic Inc 3.25 02/15/2029                                                           | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    350000 | PA      | $333792.06    | 0.40%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                                                                      | Service Properties Trust 5.25 02/15/2026                                              | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    180000 | PA      | $179285.11    | 0.21%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Insulet Corp                                                                                                                  | Insulet Corp 6.50 04/01/2033                                                          | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    114000 | PA      | $118935.18    | 0.14%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| International Game Technology PLC                                                                                             | International Game Technology PLC 5.25 01/15/2029                                     | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | US        |    820000 | PA      | $813160.51    | 0.97%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                                                                                           | Intesa Sanpaolo SpA (pfd) 7.70% 03/17/2174 Perpetual                                  | CUSIP: 46115HAU1<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EP               | CORP              | IT        |    450000 | NS      | $451955.25    | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| IQVIA Inc                                                                                                                     | IQVIA Inc 6.50 05/15/2030                                                             | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    447000 | PA      | $461159.83    | 0.55%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                                                                                                             | Iron Mountain Inc 4.88 09/15/2029                                                     | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1278131.92   | 1.52%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Jazz Securities DAC                                                                                                           | Jazz Securities DAC 4.38 01/15/2029                                                   | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |    367000 | PA      | $354755.67    | 0.42%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Kaiser Aluminum Corp                                                                                                          | Kaiser Aluminum Corp 4.50 06/01/2031                                                  | CUSIP: 483007AL4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    800000 | PA      | $748984.48    | 0.89%             | 2031-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KB Home                                                                                                                       | KB Home 7.25 07/15/2030                                                               | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    550000 | PA      | $569733.45    | 0.68%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SPDR Portfolio High Yield Bond ETF                                                                                            | SPDR Portfolio High Yield Bond ETF                                                    | CUSIP: 78468R606<br>LEI: N/A                  | Long             | EC               | RF                | US        |     58400 | NS      | $1389920.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** American Century Investment Trust

**Signature:** Amy R. Bitter

**Name of Signer:** Amy R. Bitter

**Title:** Assistant Treasurer