# EDGAR Filing Document

**Accession Number:** 0001655589
**File Stem:** 0000940400-26-020173
**Filing Date:** 2026-5
**Character Count:** 150652
**Document Hash:** 568c385ba37ce78308ca3399085e077d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020173.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020173

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Templeton ETF Trust
- **CENTRAL INDEX KEY:** 0001655589

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23124
- **FILM NUMBER:** 261007143

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403

## Series and Classes Contracts Data

### Franklin High Yield Corporate ETF (Series ID: S000061946)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000200689 | Franklin High Yield Corporate ETF | FLHY            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Franklin Templeton ETF Trust

- **b. Investment Company Act file number:** 811-23124

- **c. CIK number of Registrant:** 0001655589

- **d. LEI of Registrant:** 549300UHXVPT5S43XV04

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Franklin High Yield Corporate ETF

- **b. EDGAR series identifier (if any):** S000061946

- **c. LEI of Series:** 5493002F67QK4VNO5Q54

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

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

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $875506594.82

**Total Liabilities:** $8045659.32

**Net Assets:** $867460935.50

**Delayed Delivery Securities:** $7765000.00

**Cash Not Reported:** $1066.62

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 14.97577000 | **1-Year:** 7238.55837000 | **5-Year:** 12392.50306000 | **10-Year:** 80.97634000 | **30-Year:** 0.00000000

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

- **3-Month:** 460.52243000 | **1-Year:** 79593.28265000 | **5-Year:** 161933.14372000 | **10-Year:** 6127.68041000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000200689 | 0.57%                | 0.33%                | -1.21%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $291769.99               | $-439963.74                                |
| Month 2  | $-848590.58              | $-934277.75                                |
| Month 3  | $-10786.95               | $-14837287.12                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Royal Caribbean Group                                                                                             | RCL 5.625 09/30/31 144A                                                                                                                  | CUSIP: 780153BW1<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   1000000 | PA      | $1010103.47   | 0.12%             | 2031-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Vici Properties Inc                                                                                               | VICI 3.875 02/15/29 144A                                                                                                                 | CUSIP: 92564RAL9<br>LEI: 254900RKH6RY9KCJQH63 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2333082.74   | 0.27%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Firstcash Inc                                                                                                     | FCFS 6.875 03/01/32 144A                                                                                                                 | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4336989.00   | 0.50%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Viking Cruises, Ltd.                                                                                              | VIKCRU 9.125 07/15/31 144A                                                                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    800000 | PA      | $844384.00    | 0.10%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc.                                                  | BCULC 6.125 06/15/29 144A                                                                                                                | CUSIP: 68245XAR0<br>LEI: 549300RHSHNRWI5LLA86 | Long             | DBT              | CORP              | CA        |   5100000 | PA      | $5185323.00   | 0.60%             | 2029-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                                                                     | RIG 8.25 05/15/29 144A                                                                                                                   | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |   1650000 | PA      | $1705900.35   | 0.20%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP                                                                                                 | POWSOL 6.75 09/15/32 144A                                                                                                                | CUSIP: 18060TAE5<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | CA        |   4870000 | PA      | $4912028.10   | 0.57%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Coronado Finance Pty Limited                                                                                      | CRNAU 9.25 10/01/29 144A                                                                                                                 | CUSIP: 21979LAB2<br>LEI: 549300NS5FS0W548RE27 | Long             | DBT              | CORP              | AU        |   4700000 | PA      | $4251082.60   | 0.49%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                                                 | RHP 5.75 03/15/34 144A                                                                                                                   | CUSIP: 74984CAA6<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |    940000 | PA      | $928385.08    | 0.11%             | 2034-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                                                                                   | SBGI 8.125 02/15/33 144A                                                                                                                 | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4070000.00   | 0.47%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                                                               | AXON 6.25 03/15/33 144A                                                                                                                  | CUSIP: 05464CAD3<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2298579.75   | 0.26%             | 2033-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WYNN RESORTS FINANCE LLC                                                                                          | WYNFIN 7.125 02/15/31 144A                                                                                                               | CUSIP: 983133AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4195180.00   | 0.48%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Bausch Plus Lomb Corp.                                                                                            | BLCOCN 8.375 10/01/28 144A                                                                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |   4100000 | PA      | $4238375.00   | 0.49%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower LP / Emerald Co-Issuer Inc.                                                                        | EMECLI 6.625 12/15/30 144A                                                                                                               | CUSIP: 29103CAA6<br>LEI: 5493000GJYE7GAQCUC61 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1120139.90   | 0.13%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Genmab AS And Genmab Finance LLC                                                                                  | GMABDC 7.25 12/15/33 144A                                                                                                                | CUSIP: 37230JAB8<br>LEI: 529900MTJPDPE4MHJ122 | Long             | DBT              | CORP              | DK        |   4250000 | PA      | $4452495.50   | 0.51%             | 2033-12-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Group                                                                                             | RCL 6 02/01/33 144A                                                                                                                      | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   3300000 | PA      | $3333782.53   | 0.38%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                                           | HILCRP 6.875 05/15/34 144A                                                                                                               | CUSIP: 431318BE3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2643219.27   | 0.30%             | 2034-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                                                                      | THC 6.125 06/15/30                                                                                                                       | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2245000 | PA      | $2262403.24   | 0.26%             | 2030-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Novelis Corporation                                                                                               | HNDLIN 6.875 01/30/30 144A                                                                                                               | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1413231.40   | 0.16%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 7.75 05/01/35 144A                                                                                                                | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1682104.50   | 0.19%             | 2035-05-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Watco Companies, L.L.C. / Watco Finance Corp.                                                                     | WATCOS 7.125 08/01/32 144A                                                                                                               | CUSIP: 941130AD8<br>LEI: 549300UK74AMHGBXZG45 | Long             | DBT              | CORP              | US        |   6210000 | PA      | $6383848.95   | 0.74%             | 2032-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group Inc.                                                                                         | ECPG 8.5 05/15/30 144A                                                                                                                   | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |   3800000 | PA      | $4020206.20   | 0.46%             | 2030-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ESAB Corp.                                                                                                        | ESAB 6.25 04/15/29 144A                                                                                                                  | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |   2950000 | PA      | $2997639.55   | 0.35%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Davita Inc                                                                                                        | DVA 4.625 06/01/30 144A                                                                                                                  | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   8850000 | PA      | $8514586.77   | 0.98%             | 2030-06-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ViaSat, Inc.                                                                                                      | VSAT 7.5 05/30/31 144A                                                                                                                   | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |   4770000 | PA      | $4719714.90   | 0.54%             | 2031-05-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings LLC                                                                                    | JEFCAP 9.5 02/15/29 144A                                                                                                                 | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2875000 | PA      | $3018660.88   | 0.35%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                                                                            | QNTELE 5.75 08/15/32 144A                                                                                                                | CUSIP: 74743LAA8<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |   2105000 | PA      | $2110138.31   | 0.24%             | 2032-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc.                                                                                                    | PRAA 8.875 01/31/30 144A                                                                                                                 | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    900000 | PA      | $909330.30    | 0.10%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA CONT RTS                                                                                         | ALTICE FRANCE SA CONT RTS                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |       501 | NS      | $7383.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete LLC                                                                                     | SMYREA 8.875 11/15/31 144A                                                                                                               | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1857555.00   | 0.21%             | 2031-11-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Opal Bidco SAS                                                                                                    | OPALBD 6.5 03/31/32 144A                                                                                                                 | CUSIP: 68348BAA1<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |   6975000 | PA      | $6985943.78   | 0.81%             | 2032-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                                                                       | W 6.75 11/15/32 144A                                                                                                                     | CUSIP: 94419NAC1<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   1780000 | PA      | $1794937.51   | 0.21%             | 2032-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Genmab AS And Genmab Finance LLC                                                                                  | GMABDC 6.25 12/15/32 144A                                                                                                                | CUSIP: 37230JAA0<br>LEI: 529900MTJPDPE4MHJ122 | Long             | DBT              | CORP              | DK        |   2850000 | PA      | $2923977.45   | 0.34%             | 2032-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA LLC                                                                                              | ASHWOO 4.625 04/01/30 144A                                                                                                               | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    900000 | PA      | $836104.32    | 0.10%             | 2030-04-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| XPO Inc                                                                                                           | XPO 7.125 02/01/32                                                                                                                       | CUSIP: 983793AK6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   5050000 | PA      | $5212160.55   | 0.60%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| LGI Homes Inc                                                                                                     | LGIH 8.75 12/15/28 144A                                                                                                                  | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    705000 | PA      | $721748.69    | 0.08%             | 2028-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Firstcash Inc                                                                                                     | FCFS 4.625 09/01/28 144A                                                                                                                 | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2556223.54   | 0.29%             | 2028-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                                                                      | THC 6.75 05/15/31                                                                                                                        | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1431819.20   | 0.17%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MARTIN MIDSTREAM PARTNERS LP                                                                                      | MMLP 11.5 02/15/28 144A                                                                                                                  | CUSIP: 573334AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2800000 | PA      | $2869143.20   | 0.33%             | 2028-02-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Oak-Eagle AcquireCo Inc.                                                                                          | EA 8.75 07/01/34 144A                                                                                                                    | CUSIP: 67124CAB9<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |   1460000 | PA      | $1529418.14   | 0.18%             | 2034-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Froneri Lux Finco S.a r.l.                                                                                        | ICECR 6 08/01/32 144a                                                                                                                    | CUSIP: 35901MAA5<br>LEI: 9845005YBZ75E5AA3B94 | Long             | DBT              | CORP              | LU        |   7495000 | PA      | $7314916.14   | 0.84%             | 2032-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA LLC                                                                                              | ASHWOO 6.875 08/01/33 144A                                                                                                               | CUSIP: 045086AR6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2725000 | PA      | $2632937.51   | 0.30%             | 2033-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Atlantica Sustainable Infrastructure Group PLC                                                                    | AY 6.375 02/15/32 144A                                                                                                                   | CUSIP: 13005HAA8<br>LEI: 254900V5SMQ1UP1CLC26 | Long             | DBT              | CORP              | GB        |   6340000 | PA      | $6198455.70   | 0.71%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                                                                          | WCC 5.25 04/15/31 144A                                                                                                                   | CUSIP: 95081QAT1<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   1745000 | PA      | $1738946.42   | 0.20%             | 2031-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                                                     | OMF 5.375 11/15/29                                                                                                                       | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $965058.00    | 0.11%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                                         | SUN 5.625 07/15/34 144A                                                                                                                  | CUSIP: 86765KAN9<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |   1985000 | PA      | $1956010.76   | 0.23%             | 2034-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GPD COMPANIES INC                                                                                                 | NEXEOP 12.5 12/31/29 144A                                                                                                                | CUSIP: 36260VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2060887 | PA      | $1123183.20   | 0.13%             | 2029-12-31      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| Qnity Electronics Inc.                                                                                            | QNTELE 6.25 08/15/33 144A                                                                                                                | CUSIP: 74743LAB6<br>LEI: 254900RSUG4J9TFFZX53 | Long             | DBT              | CORP              | US        |   3645000 | PA      | $3690150.62   | 0.43%             | 2033-08-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                                          | JANEST 6.75 05/01/33 144A                                                                                                                | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3401181.30   | 0.39%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                                                           | NXST 7.25 04/15/34 144A                                                                                                                  | CUSIP: 65346UAA7<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   4555000 | PA      | $4573387.08   | 0.53%             | 2034-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Pebblebrook Hotel LP/ PEB Finance Corp.                                                                           | PEB 6.375 10/15/29 144A                                                                                                                  | CUSIP: 70510LAA7<br>LEI: 549300DXEFK267TXZ832 | Long             | DBT              | CORP              | US        |   1830000 | PA      | $1834801.11   | 0.21%             | 2029-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OneSky Flight LLC                                                                                                 | FLXJET 8.875 12/15/29 144A                                                                                                               | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |   5075000 | PA      | $5242348.13   | 0.60%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Financing (UK) PLC                                                                           | SAZKAG 7.875 04/30/29 144A                                                                                                               | CUSIP: 02007VAA8<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |   3231000 | PA      | $3305417.04   | 0.38%             | 2029-04-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                                                           | VENLNG 9.5 02/01/29 144A                                                                                                                 | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $6166256.58   | 0.71%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Black Pearl Compute LLC                                                                                           | BLKPRL 6.125 02/15/31 144A                                                                                                               | CUSIP: 09216NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3140000 | PA      | $3199807.58   | 0.37%             | 2031-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Nissan Motor Co Ltd.                                                                                              | NSANY 8.125 07/17/35 144A                                                                                                                | CUSIP: 654922AD5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   2535000 | PA      | $2610394.27   | 0.30%             | 2035-07-17      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA ORD NV                                                                                           | ALTICE FRANCE SA ORD NV                                                                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |      9795 | NS      | $166709.87    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                                                         | SUN 5.375 07/15/31 144A                                                                                                                  | CUSIP: 86765KAM1<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |   2495000 | PA      | $2476764.29   | 0.29%             | 2031-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                  | CYH 6.875 04/15/29 144A                                                                                                                  | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $962667.80    | 0.11%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                                                                      | MLTPLN 5.75 12/31/30 144A                                                                                                                | CUSIP: 553283AG7<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    180055 | PA      | $137941.13    | 0.02%             | 2030-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 5.375 06/01/29 144A                                                                                                                 | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1282934.51   | 0.15%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                                                                     | UVN 9.375 08/01/32 144A                                                                                                                  | CUSIP: 914906BA9<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    785000 | PA      | $809617.73    | 0.09%             | 2032-08-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                                                      | Oracle Corp. DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK | CUSIP: 68389X204<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EP               | CORP              | US        |     26786 | NS      | $1205637.86   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMOND SPORTS G 05/25/26                                                                                         | DIAMOND SPORTS G 05/25/26                                                                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     71129 | PA      | $14225.85     | 0.00%             | 2028-01-02      | Floating      | 15.00%                | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                                                                              | CROSIN 6.75 12/01/32 144A                                                                                                                | CUSIP: 22757VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2630000 | PA      | $2477303.52   | 0.29%             | 2032-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Zegona Finance PLC                                                                                                | ZEGLN 8.625 07/15/29 144A                                                                                                                | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |   2190000 | PA      | $2300787.72   | 0.27%             | 2029-07-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                                                       | HOV 8 04/01/31 144A                                                                                                                      | CUSIP: 48251UAP3<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   2540000 | PA      | $2514803.20   | 0.29%             | 2031-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 7 02/01/33 144A                                                                                                                     | CUSIP: 1248EPCU5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2570000 | PA      | $2579635.70   | 0.30%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ATS Corporation (Canada)                                                                                          | ATSCN 4.125 12/15/28 144A                                                                                                                | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |   3350000 | PA      | $3230784.56   | 0.37%             | 2028-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc.                                                              | RKT 3.875 03/01/31 144A                                                                                                                  | CUSIP: 74841CAB7<br>LEI: 549300FGXN1K3HLB1R50 | Long             | DBT              | CORP              | US        |   4300000 | PA      | $3970031.33   | 0.46%             | 2031-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Rain Carbon Inc                                                                                                   | RCOLIN 12.25 09/01/29 144A                                                                                                               | CUSIP: 75079LAB7<br>LEI: 25490038N6JQH7QXUK52 | Long             | DBT              | CORP              | US        |   6575000 | PA      | $6772900.93   | 0.78%             | 2029-09-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| COMMUNITY HEALTH SYSTEMS INC                                                                                      | CYH 10.875 01/15/32 144A                                                                                                                 | CUSIP: 12543DBN9<br>LEI: 549300BQWM4WENQ3YW73 | Long             | DBT              | CORP              | US        |   3050000 | PA      | $3276038.55   | 0.38%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Cerdia Finanz Gmbh                                                                                                | PLATIN 9.375 10/03/31 144A                                                                                                               | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |   3078000 | PA      | $3064241.34   | 0.35%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                                  | NRG 5.75 07/15/29 144A                                                                                                                   | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2097879.00   | 0.24%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 7.625 01/15/34 144A                                                                                                                  | CUSIP: 18589GAA3<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   4145000 | PA      | $4053468.62   | 0.47%             | 2034-01-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Cogent Communications Group LLC / Cogent Finance Inc.                                                             | CCOI 7 06/15/27 144a                                                                                                                     | CUSIP: 19240WAA7<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2371495.20   | 0.27%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Apld Computeco LLC                                                                                                | APLD 9.25 12/15/30 144A                                                                                                                  | CUSIP: 00202DAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5705000 | PA      | $5883007.41   | 0.68%             | 2030-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CACI International Inc.                                                                                           | CACI 6.375 06/15/33 144A                                                                                                                 | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2342816.80   | 0.27%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG Inc.                                                                                           | VENLNG 8.375 06/01/31 144A                                                                                                               | CUSIP: 92332YAB7<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2185040.21   | 0.25%             | 2031-06-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                                     | FREMOR 9.25 02/01/29 144A                                                                                                                | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   4950000 | PA      | $5020760.25   | 0.58%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 4.5 08/15/30 144A                                                                                                                   | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $5610591.60   | 0.65%             | 2030-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TreeHouse Foods, Inc.                                                                                             | THS 7.75 02/11/33 144A                                                                                                                   | CUSIP: 456142AA6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7584396.98   | 0.87%             | 2033-02-11      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                                              | CLF 7 03/15/32 144A                                                                                                                      | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   2635000 | PA      | $2552794.06   | 0.29%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                                                                       | W 7.25 10/31/29 144A                                                                                                                     | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2808984.75   | 0.32%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Grand Canyon University                                                                                           | GCUNIV 5.125 10/01/28                                                                                                                    | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1284907.39   | 0.15%             | 2028-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US Inc.                                                                                             | NLSN 9.29 04/15/29 144A                                                                                                                  | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1003598.00   | 0.12%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STORAGE TECHNOLOGY PTE LTD                                                                           | STX 5.875 07/15/30 144A                                                                                                                  | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |   3200000 | PA      | $3254752.00   | 0.38%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                                                   | TDG 6.75 01/31/34 144a                                                                                                                   | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   4515000 | PA      | $4577555.33   | 0.53%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                                                       | CRGYFN 8.375 01/15/34 144A                                                                                                               | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   3645000 | PA      | $3813654.15   | 0.44%             | 2034-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                                                                     | RIG 6.8 03/15/38                                                                                                                         | CUSIP: 893830AT6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |   1900000 | PA      | $1826646.70   | 0.21%             | 2038-03-15      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                                                              | CCL 5.75 03/15/30 144A                                                                                                                   | CUSIP: 143658BY7<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   4000000 | PA      | $4033908.00   | 0.47%             | 2030-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PAR HEALTH INC COM                                                                                                | PAR HEALTH INC COM                                                                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1445 | NS      | $9211.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PHH ESCROW ISSUER LLC                                                                                             | PHHESC 9.875 11/01/29 144A                                                                                                               | CUSIP: 716964AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6100000 | PA      | $5891875.93   | 0.68%             | 2029-11-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| E.W. Scripps Co.                                                                                                  | SSP 9.875 08/15/30 144A                                                                                                                  | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |   5625000 | PA      | $5466053.81   | 0.63%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| McAfee Corp                                                                                                       | MCFE 7.375 02/15/30 144A                                                                                                                 | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   4200000 | PA      | $3474602.46   | 0.40%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Kinetik Holdings LP                                                                                               | KNTK 5.875 06/15/30 144A                                                                                                                 | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   4350000 | PA      | $4368548.40   | 0.50%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                                                           | MRP 6.375 08/01/30 144A                                                                                                                  | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5570000 | PA      | $5572026.92   | 0.64%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                                                                           | KGS 6.5 10/01/33 144A                                                                                                                    | CUSIP: 50012LAD6<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   1940000 | PA      | $1962294.48   | 0.23%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Petsmart LLC / Petsmart Financial Corp.                                                                           | PETM 7.5 09/15/32                                                                                                                        | CUSIP: 71677KAC2<br>LEI: 894500NGJMHSFNESGA67 | Long             | DBT              | CORP              | US        |   7095000 | PA      | $7134838.43   | 0.82%             | 2032-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                                                                              | ASUCOR 8 12/31/32 144A                                                                                                                   | CUSIP: 045941AA9<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |   3020000 | PA      | $3135629.73   | 0.36%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc.                                                                                                    | PRAA 5 10/01/29 144A                                                                                                                     | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1386155.55   | 0.16%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE HOLDING SA                                                                                          | SFRFP 9.5 11/01/29 144A                                                                                                                  | CUSIP: 02090DAA6<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   2452959 | PA      | $2480459.12   | 0.29%             | 2029-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Boeing Co.                                                                                                        | Boeing Co. 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD                                                                         | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |     11000 | NS      | $713680.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WULF Compute LLC                                                                                                  | WULF 7.75 10/15/30 144A                                                                                                                  | CUSIP: 982911AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4950000 | PA      | $5233709.25   | 0.60%             | 2030-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                                          | JANEST 6.125 11/01/32 144A                                                                                                               | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3464137.95   | 0.40%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                                           | TLN 6.5 02/01/36 144A                                                                                                                    | CUSIP: 87422VAN8<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   1690000 | PA      | $1702642.43   | 0.20%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD                                                                                                  | TOUCAN 9.5 05/15/30 144A                                                                                                                 | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   5200000 | PA      | $4598485.84   | 0.53%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                                                                         | CMC 6 12/15/35 144A                                                                                                                      | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $3996845.78   | 0.46%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                                                                           | KGS 6.75 10/01/35 144A                                                                                                                   | CUSIP: 50012LAE4<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1692733.91   | 0.20%             | 2035-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ENDO FINANCE HOLDINGS INC                                                                                         | ENDP 8.5 04/15/31 144A                                                                                                                   | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2724407.40   | 0.31%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                                                       | EBIDCO 7.5 02/15/32 XR                                                                                                                   | CUSIP: 28201XAB1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7472295.60   | 0.86%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Insulet Corporation                                                                                               | PODD 6.5 04/01/33 144A                                                                                                                   | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |    150000 | PA      | $153215.55    | 0.02%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CrossCountry Intermediate HoldCo LLC                                                                              | CROSIN 6.5 10/01/30 144A                                                                                                                 | CUSIP: 22757VAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3230000 | PA      | $3082675.27   | 0.36%             | 2030-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Mohegan Escrow Issuer LLC                                                                                         | MOHEGN 8.25 04/15/30 144A                                                                                                                | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5634255.00   | 0.65%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                                                | IRM 7 02/15/29 144A                                                                                                                      | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   2700000 | PA      | $2753678.70   | 0.32%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Hexion Holdings 03/15/30                                                                                          | Hexion Holdings 03/15/30                                                                                                                 | CUSIP: 42829JAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    280587 | PA      | $262699.25    | 0.03%             | 2030-03-15      | Floating      | 11.21%                | No            |                  2 | On Loan: No      |
| Axon Enterprise Inc                                                                                               | AXON 6.125 03/15/30 144A                                                                                                                 | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    150000 | PA      | $152856.90    | 0.02%             | 2030-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                                                   | GTN 5.375 11/15/31 144A                                                                                                                  | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   3050000 | PA      | $2267202.25   | 0.26%             | 2031-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc.                                               | FRTITA 4.625 01/15/29 144A                                                                                                               | CUSIP: 31556TAA7<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2390780.50   | 0.28%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                                                                       | KEDRIM 6.5 09/01/29 144A                                                                                                                 | CUSIP: 49272YAB9<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   8650000 | PA      | $8387787.45   | 0.97%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Weekley Homes LLC/Weekley Finance Corp.                                                                           | WEEKHM 6.75 01/15/34 144A                                                                                                                | CUSIP: 948565AF3<br>LEI: 5493009MTTQO8ZN53F13 | Long             | DBT              | CORP              | US        |   6150000 | PA      | $5897830.94   | 0.68%             | 2034-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                                           | HILCRP 6 04/15/30 144A                                                                                                                   | CUSIP: 431318AY0<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1607106.27   | 0.19%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                                              | NCLH 6.75 02/01/32 144A                                                                                                                  | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   3400000 | PA      | $3376685.18   | 0.39%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Gates Corp.                                                                                                       | GTES 6.875 07/01/29 144A                                                                                                                 | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2568222.50   | 0.30%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc.                                               | FRTITA 6.75 01/15/30 144A                                                                                                                | CUSIP: 31556TAC3<br>LEI: 984500A0805D8V551D35 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $4580605.26   | 0.53%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                                           | TLN 6.25 02/01/34 144A                                                                                                                   | CUSIP: 87422VAM0<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $2078083.14   | 0.24%             | 2034-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Borr IHC Ltd / Borr Finance LLC/ Borr Natt Inc/ Borr West Africa Assets Inc/ Prospector Rig 5 Contracting Co Ltd. | BORRNO 10.375 11/15/30 144a                                                                                                              | CUSIP: 100018AB6<br>LEI: 254900WQF2MM46DNLY83 | Long             | DBT              | CORP              | BM        |   4557000 | PA      | $4629408.72   | 0.53%             | 2030-11-15      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| Expand Energy Corp.                                                                                               | EXE 6.75 04/15/29 144A                                                                                                                   | CUSIP: 92735LAA0<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | DBT              | CORP              | US        |   3650000 | PA      | $3652628.58   | 0.42%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems Inc                                                                                  | CYH 6 01/15/29 144A                                                                                                                      | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3463617.50   | 0.40%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                                                                               | ADVGRO 6.75 08/01/32 144A                                                                                                                | CUSIP: 00791GAB3<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |    760000 | PA      | $760657.32    | 0.09%             | 2032-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                                                                | IRM 5.625 07/15/32 144A                                                                                                                  | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4663924.80   | 0.54%             | 2032-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Cipher Compute LLC                                                                                                | CIFR 7.125 11/15/30 144A                                                                                                                 | CUSIP: 17253NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3780000 | PA      | $3920914.62   | 0.45%             | 2030-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Calderys Financing LLC                                                                                            | CALDER 11.25 06/01/28 144A                                                                                                               | CUSIP: 128786AA8<br>LEI: 254900ZIKDM74XNEFV84 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1242102.00   | 0.14%             | 2028-06-01      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| ESAB Corp.                                                                                                        | ESAB 5.625 04/01/31 144A                                                                                                                 | CUSIP: 29605JAB2<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |   2555000 | PA      | $2579298.05   | 0.30%             | 2031-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MITER BRANDS ACQUISITION HOLDCO INC                                                                               | MIWIDO 6.75 04/01/32 144A                                                                                                                | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5260000 | PA      | $5041069.33   | 0.58%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                                                                     | RIG 8.75 02/15/30 144A                                                                                                                   | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |   2135000 | PA      | $2227046.26   | 0.26%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                                                                            | MINAU 7 04/01/31 144A                                                                                                                    | CUSIP: 603051AF0<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   5300000 | PA      | $5420942.87   | 0.62%             | 2031-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 6.5 01/15/34 144A                                                                                                                 | CUSIP: 922966AC0<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1065000 | PA      | $1110879.43   | 0.13%             | 2034-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 7.5 05/01/33 144A                                                                                                                 | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1154778.45   | 0.13%             | 2033-05-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Viking Cruises, Ltd.                                                                                              | VIKCRU 7 02/15/29 144a                                                                                                                   | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   2850000 | PA      | $2856680.40   | 0.33%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                                              | NCLH 6.25 09/15/33 144A                                                                                                                  | CUSIP: 62886HBZ3<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1395000 | PA      | $1354591.59   | 0.16%             | 2033-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                                              | NCLH 7.75 02/15/29 144A                                                                                                                  | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |   1550000 | PA      | $1614670.65   | 0.19%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Banijay Entertainment S.A.S.                                                                                      | BANIJA 8.125 05/01/29 144A                                                                                                               | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |   6150000 | PA      | $6341584.80   | 0.73%             | 2029-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                                                                                  | NRG 6 01/15/36 144A                                                                                                                      | CUSIP: 629377DD1<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   4585000 | PA      | $4546037.13   | 0.52%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Dexko Global Inc                                                                                                  | Dornoch Debt Merger Sub Inc                                                                                                              | CUSIP: 25830JAA9<br>LEI: 549300SMZ4OV1KBH1M19 | Long             | DBT              | CORP              | US        |   5900000 | PA      | $5272994.61   | 0.61%             | 2029-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| R.R. Donnelley & Sons Co.                                                                                         | RRD 9.5 08/01/29 144A                                                                                                                    | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |   6825000 | PA      | $6913820.55   | 0.80%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Chobani LLC / Chobani Finance Corporation Inc                                                                     | CHBANI 7.625 07/01/29 144A                                                                                                               | CUSIP: 17027NAC6<br>LEI: 549300ISVDMZ91KNTR38 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1713704.23   | 0.20%             | 2029-07-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Block Communications, Inc.                                                                                        | BLOCKC 10.25 03/01/31 144A                                                                                                               | CUSIP: 093645AK5<br>LEI: M5G68A9OHJWIL4SFC742 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $3114097.06   | 0.36%             | 2031-03-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Discovery Global Holdings Inc.                                                                                    | WBD 5.05 03/15/42 *                                                                                                                      | CUSIP: 55903VBW2<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   1875000 | PA      | $1239948.23   | 0.14%             | 2042-03-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Constellium SE                                                                                                    | CSTM 6.375 08/15/32 144a                                                                                                                 | CUSIP: 21039CAD6<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |   3100000 | PA      | $3135960.00   | 0.36%             | 2032-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                                                     | OMF 7.125 11/15/31                                                                                                                       | CUSIP: 682691AG5<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    600000 | PA      | $595003.02    | 0.07%             | 2031-11-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                                                                                                 | ILIADH 7 04/15/32 144A                                                                                                                   | CUSIP: 449691AG9<br>LEI: 9695009BGMXB527HV965 | Long             | DBT              | CORP              | FR        |   3150000 | PA      | $3157711.20   | 0.36%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Arcosa Inc                                                                                                        | ACA 4.375 04/15/29 144A                                                                                                                  | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3427791.96   | 0.40%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Arcosa Inc                                                                                                        | ACA 6.875 08/15/32 144A                                                                                                                  | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2563532.50   | 0.30%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Oak-Eagle AcquireCo Inc.                                                                                          | EA 7.25 07/01/33 144A                                                                                                                    | CUSIP: 67124CAA1<br>LEI: 6488ICS9P20290MA1H31 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1814302.75   | 0.21%             | 2033-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                                                                               | CCO 7.5 03/15/33 144A                                                                                                                    | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1748575.95   | 0.20%             | 2033-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Kinetik Holdings LP                                                                                               | KNTK 6.625 12/15/28 144A                                                                                                                 | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   3300000 | PA      | $3357528.90   | 0.39%             | 2028-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                                                                              | IHOVER 8 11/15/32 144A                                                                                                                   | CUSIP: 44963BAG3<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   2750000 | PA      | $2819434.75   | 0.33%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Magnera Corp.                                                                                                     | MAGN 4.75 11/15/29 144A                                                                                                                  | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |   5350000 | PA      | $4835465.36   | 0.56%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                                                                                     | CWENA 5.75 01/15/34 144A                                                                                                                 | CUSIP: 18539UAG0<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   4825000 | PA      | $4744883.29   | 0.55%             | 2034-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WRANGLER HOLDCO CORP                                                                                              | GFLCN 6.625 04/01/32 144A                                                                                                                | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6350000 | PA      | $6542889.06   | 0.75%             | 2032-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Communities Inc                                                                                   | TMHC 5.75 11/15/32 144A                                                                                                                  | CUSIP: 87724RAK8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |   1260000 | PA      | $1262601.90   | 0.15%             | 2032-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Carnival Corporation                                                                                              | CCL 5.75 08/01/32 144A                                                                                                                   | CUSIP: 143658CA8<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   2810000 | PA      | $2812598.69   | 0.32%             | 2032-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                                                                           | NBR 9.125 01/31/30 144A                                                                                                                  | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2731458.60   | 0.31%             | 2030-01-31      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| Equipmentshare Com Inc.                                                                                           | EQMSRM 9 05/15/28 144A                                                                                                                   | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   3365000 | PA      | $3480019.07   | 0.40%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Beach Acquisition Bidco LLC                                                                                       | SKX 10 07/15/33 144a                                                                                                                     | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   7163482 | PA      | $7634425.79   | 0.88%             | 2033-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Verde Purchaser LLC                                                                                               | VRTV 10.5 11/30/30 144A                                                                                                                  | CUSIP: 92339LAA0<br>LEI: 2549004HFEKMUGBG3Z35 | Long             | DBT              | CORP              | US        |   3275000 | PA      | $3407630.95   | 0.39%             | 2030-11-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Novelis Corporation                                                                                               | HNDLIN 4.75 01/30/30 144A                                                                                                                | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2840288.34   | 0.33%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| StoneX Escrow Issuer LLC                                                                                          | SNEX 6.875 07/15/32 144A                                                                                                                 | CUSIP: 86189AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1720000 | PA      | $1739482.44   | 0.20%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VM Consolidated Inc.                                                                                              | VRRM 5.5 04/15/29 144A                                                                                                                   | CUSIP: 91835HAA0<br>LEI: 549300GCTGJLEBXJUK89 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2517312.20   | 0.29%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                                                  | ALIANT 7.375 10/01/32 144A                                                                                                               | CUSIP: 01883LAH6<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1983402.40   | 0.23%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 6.125 12/15/30 144A                                                                                                               | CUSIP: 922966AE6<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    210000 | PA      | $216084.96    | 0.02%             | 2030-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH TLB 02/15/29                                                                                         | ATHENAHEALTH TLB 02/15/29                                                                                                                | CUSIP: 04686RAB9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1462862 | PA      | $1438176.55   | 0.17%             | 2029-02-15      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                                                                                  | CHTR 4.25 01/15/34 144A                                                                                                                  | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1455920.12   | 0.17%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Novelis Corporation                                                                                               | HNDLIN 6.375 08/15/33 144A                                                                                                               | CUSIP: 670001AN6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   2625000 | PA      | $2576956.46   | 0.30%             | 2033-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Viking Cruises, Ltd.                                                                                              | VIKCRU 5.875 10/15/33 144A                                                                                                               | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   2040000 | PA      | $2015574.75   | 0.23%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                                                                      | MLTPLN 6.75 03/31/31 144A                                                                                                                | CUSIP: 553283AE2<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |   1555974 | PA      | $1044027.43   | 0.12%             | 2031-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY (THE) (AZ)                                                       | AZ MAREDU 7.38 10/01/2029                                                                                                                | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1629383.57   | 0.19%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Constellium SE                                                                                                    | CSTM 3.75 04/15/29 144A                                                                                                                  | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |   2000000 | PA      | $1909098.40   | 0.22%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Northriver Midstream Finance LP                                                                                   | NORMID 6.75 07/15/32 144A                                                                                                                | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |   2300000 | PA      | $2308385.80   | 0.27%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Neptune BidCo US Inc.                                                                                             | NLSN 9.5 02/15/33 144A                                                                                                                   | CUSIP: 640695AD4<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   6210000 | PA      | $6032946.69   | 0.70%             | 2033-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NEXSTAR MEDIA GROUP INC                                                                                           | NXST 6.5 09/15/33 144A                                                                                                                   | CUSIP: 65346UAB5<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |   2840000 | PA      | $2863356.16   | 0.33%             | 2033-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MPH Acquisition Holdings LLC                                                                                      | MLTPLN 11.5 12/31/30 144A                                                                                                                | CUSIP: 553283AF9<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    289523 | PA      | $261998.84    | 0.03%             | 2030-12-31      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                                                     | OMF 6.5 03/15/33                                                                                                                         | CUSIP: 682691AM2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2435000 | PA      | $2329907.79   | 0.27%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Forvia SE                                                                                                         | EOFP 6.75 09/15/33 144A                                                                                                                  | CUSIP: 31209DAC9<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |   5520000 | PA      | $5392790.50   | 0.62%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DSG TOPCO INC.                                                                                                    | DSG TOPCO INC.                                                                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       442 | NS      | $110.50       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Dream Finders Homes Inc                                                                                           | DFH 8.25 08/15/28 144A                                                                                                                   | CUSIP: 26154DAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1600000 | PA      | $1627254.18   | 0.19%             | 2028-08-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings Inc.                                                                               | CCO 7.875 04/01/30 144A                                                                                                                  | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   4400000 | PA      | $4607715.20   | 0.53%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SAS                                                                                                 | SFRFP 10 01/15/33 144A                                                                                                                   | CUSIP: 020956AA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    120000 | PA      | $109198.55    | 0.01%             | 2033-01-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Jane Street Group LLC / JSG Finance Inc.                                                                          | JANEST 4.5 11/15/29 144A                                                                                                                 | CUSIP: 47077WAA6<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1357843.06   | 0.16%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Global Net Lease Inc / Global Net Lease Operating Partnership LP                                                  | GNL 3.75 12/15/27 144A                                                                                                                   | CUSIP: 37892AAA8<br>LEI: 549300NUYANCT5SU8Z65 | Long             | DBT              | CORP              | US        |   2330000 | PA      | $2259335.76   | 0.26%             | 2027-12-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings Inc.                                                                              | NOVHOL 6.75 04/15/32 144A                                                                                                                | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   7200000 | PA      | $6820801.99   | 0.79%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Avient Corporation                                                                                                | AVNT 6.25 11/01/31 144A                                                                                                                  | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   3200000 | PA      | $3225036.80   | 0.37%             | 2031-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Concentra Health Services Inc.                                                                                    | CONCEN 6.875 07/15/32 144A                                                                                                               | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |   6650000 | PA      | $6883508.10   | 0.79%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Institutional Fidu                                                                                                | Institutional Fidu US GOVT MNY MRKT                                                                                                      | CUSIP: 457756500<br>LEI: 549300DHQLI8W1JIXY85 | Long             | STIV             | RF                | US        |  34401183 | NS      | $34401182.65  | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corporation                                                                                      | THC 6.125 10/01/28                                                                                                                       | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    850000 | PA      | $852464.53    | 0.10%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Iqvia Inc                                                                                                         | IQV 6.25 06/01/32 144A                                                                                                                   | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   5350000 | PA      | $5439564.35   | 0.63%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Forestar Group Inc.                                                                                               | FOR 6.5 03/15/33 144A                                                                                                                    | CUSIP: 346232AG6<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |   1630000 | PA      | $1612925.91   | 0.19%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Grifols S.A.                                                                                                      | GRFSM 4.75 10/15/28 144a                                                                                                                 | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |   2300000 | PA      | $2254206.54   | 0.26%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I L.P/Hilcorp Finance Co                                                                           | HILCRP 6 02/01/31 144A                                                                                                                   | CUSIP: 431318AV6<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   3600000 | PA      | $3501456.48   | 0.40%             | 2031-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| K Hovnanian Enterprises Inc                                                                                       | HOV 8.375 10/01/33 144A                                                                                                                  | CUSIP: 48251UAQ1<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |   2060000 | PA      | $2039518.24   | 0.24%             | 2033-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Hess Midstream Operations LP                                                                                      | HESM 6.5 06/01/29 144A                                                                                                                   | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3020000 | PA      | $3086606.55   | 0.36%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Outfront Media Capital LLC / Outfront Media Capital Corp                                                          | OUT 4.625 03/15/30 144A                                                                                                                  | CUSIP: 69007TAC8<br>LEI: 5493005WC7J0FDMW0610 | Long             | DBT              | CORP              | US        |   1545000 | PA      | $1491583.17   | 0.17%             | 2030-03-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group Inc.                                                                                         | ECPG 9.25 04/01/29 144A                                                                                                                  | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2252125.00   | 0.26%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Leeward Renewable Energy Operations LLC                                                                           | LEEREN 4.25 07/01/29 144A                                                                                                                | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |   7900000 | PA      | $7422147.96   | 0.86%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fortress Intermediate 3 Inc.                                                                                      | PSDO 7.5 06/01/31 144A                                                                                                                   | CUSIP: 34966MAA0<br>LEI: 254900NLAZ3JQJW5JP75 | Long             | DBT              | CORP              | US        |   7450000 | PA      | $7413483.83   | 0.85%             | 2031-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Equipmentshare Com Inc.                                                                                           | EQMSRM 8.625 05/15/32 144A                                                                                                               | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |   4485000 | PA      | $4686865.37   | 0.54%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                                                                          | WCC 6.375 03/15/33 144A                                                                                                                  | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3619658.10   | 0.42%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                                                                           | KGS 5.875 04/01/31 144A                                                                                                                  | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   1635000 | PA      | $1644110.81   | 0.19%             | 2031-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 6.75 01/15/36 144A                                                                                                                | CUSIP: 922966AD8<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   2865000 | PA      | $3036332.73   | 0.35%             | 2036-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings Inc                                                                                             | QUIKHO 6.375 03/01/32 144A                                                                                                               | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1674342.45   | 0.19%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Chobani Holdco II LLC                                                                                             | CHBANI 8.75 10/01/29 144A                                                                                                                | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3835986 | PA      | $4090680.13   | 0.47%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SV RNO Property Owner 1 LLC                                                                                       | TRACTC 5.875 03/01/31 144A                                                                                                               | CUSIP: 78488XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4985000 | PA      | $4930601.49   | 0.57%             | 2031-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                                                       | CRGYFN 7.375 01/15/33 144A                                                                                                               | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3701828.91   | 0.43%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TTM Technologies Inc                                                                                              | TTMI 4 03/01/29 144A                                                                                                                     | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |   5200000 | PA      | $4998287.68   | 0.58%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings LLC                                                                                    | JEFCAP 8.25 05/15/30 144A                                                                                                                | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4450000 | PA      | $4642435.80   | 0.54%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                                                                           | NBR 8.875 08/15/31 144A                                                                                                                  | CUSIP: 62957HAQ8<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    885000 | PA      | $922534.62    | 0.11%             | 2031-08-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| FMC Corp.                                                                                                         | FMC V8.45 11/01/55                                                                                                                       | CUSIP: 302491AZ8<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   5600000 | PA      | $3610654.32   | 0.42%             | 2055-11-01      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                                                                                      | THC 6 11/15/33 144A                                                                                                                      | CUSIP: 88033GDV9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    775000 | PA      | $784792.90    | 0.09%             | 2033-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc                                                  | ALIANT 7 01/15/31 144A                                                                                                                   | CUSIP: 01883LAF0<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1917141.93   | 0.22%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Great CDN Gaming Corp/Raptor Co-Issuer LLC                                                                        | GCCN 8.75 11/15/29 144A                                                                                                                  | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | CA        |   3375000 | PA      | $3294764.44   | 0.38%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                                                                 | VENTGL 3.875 08/15/29 144A                                                                                                               | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1997087.19   | 0.23%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Weatherford International Ltd Bermuda                                                                             | WFRD 6.75 10/15/33 144A                                                                                                                  | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |   5335000 | PA      | $5454605.37   | 0.63%             | 2033-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                                                                              | IHOVER 7.75 11/15/30 144A                                                                                                                | CUSIP: 44963BAF5<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |   2100000 | PA      | $2136269.10   | 0.25%             | 2030-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP / MPT Finance Corporation                                                            | MPW 8.5 02/15/32 144a                                                                                                                    | CUSIP: 55342UAQ7<br>LEI: WUQXXXF7PXTUPGROE843 | Long             | DBT              | CORP              | US        |   4050000 | PA      | $4109138.10   | 0.47%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Gray Media Inc.                                                                                                   | GTN 9.625 07/15/32 144A                                                                                                                  | CUSIP: 389375AN6<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   3075000 | PA      | $3077664.49   | 0.35%             | 2032-07-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Gen Digital Inc                                                                                                   | GEN 6.25 04/01/33 144A                                                                                                                   | CUSIP: 668771AM0<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |   6150000 | PA      | $5983369.44   | 0.69%             | 2033-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| StoneX Group Inc                                                                                                  | SNEX 7.875 03/01/31 144A                                                                                                                 | CUSIP: 861896AA6<br>LEI: 549300JUF07L8VF02M60 | Long             | DBT              | CORP              | US        |   4900000 | PA      | $5092383.80   | 0.59%             | 2031-03-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| PROG Holdings Inc.                                                                                                | PRG 6 11/15/29 144A                                                                                                                      | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |   2100000 | PA      | $1996701.00   | 0.23%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                                  | TEVA 4.75 05/09/27                                                                                                                       | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   1300000 | PA      | $1298634.22   | 0.15%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                                                 | RHP 6.5 06/15/33 144A                                                                                                                    | CUSIP: 749571AL9<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1426580.40   | 0.16%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Apld Computeco 2 LLC                                                                                              | PFORGE 6.75 03/15/31 144A                                                                                                                | CUSIP: 03772CAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4080000 | PA      | $4052823.53   | 0.47%             | 2031-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Venture Global Plaquemines Lng LLC                                                                                | VEGLPL 6.5 06/15/34 144A                                                                                                                 | CUSIP: 922966AF3<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |    210000 | PA      | $218732.22    | 0.03%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                                     | FREMOR 7.875 04/01/33 144A                                                                                                               | CUSIP: 35641AAD0<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    785000 | PA      | $736803.43    | 0.08%             | 2033-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Calumet Specialty Products Partners LP / Calumet Finance Corp                                                     | CLMT 9.75 02/15/31 144A                                                                                                                  | CUSIP: 131477BA8<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   4320000 | PA      | $4591991.26   | 0.53%             | 2031-02-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ARC FALCON I INC                                                                                                  | NEWARC 9.75 03/01/33 144A                                                                                                                | CUSIP: 03881HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2860000 | PA      | $2756096.20   | 0.32%             | 2033-03-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                                                                 | VENTGL 4.125 08/15/31 144A                                                                                                               | CUSIP: 92328MAB9<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3016326.63   | 0.35%             | 2031-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VZ Secured Financing BV                                                                                           | ZIGGO 7.5 01/15/33 144A                                                                                                                  | CUSIP: 91845AAB1<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |   6920000 | PA      | $6529012.39   | 0.75%             | 2033-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY CO                                                                                                | CRGY 2.75 03/15/31                                                                                                                       | CUSIP: 44952JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1685482.50   | 0.19%             | 2031-03-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE BORROWER LLC                                                                                    | RIVENT 6.25 10/15/30 144A                                                                                                                | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4900000 | PA      | $4890499.88   | 0.56%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Asurion LLC / Asurion Co-Issuer Inc.                                                                              | ASUCOR 8.375 02/01/34 144A                                                                                                               | CUSIP: 045941AB7<br>LEI: 549300KNQVXGIOXWK278 | Long             | DBT              | CORP              | US        |   3540000 | PA      | $3439366.37   | 0.40%             | 2034-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                                                                | NWL 8.5 06/01/28 144A                                                                                                                    | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1394212.50   | 0.16%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                                     | FREMOR 8.375 04/01/32 144A                                                                                                               | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   1225000 | PA      | $1206293.39   | 0.14%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co LLC                                                                                          | VST 7.75 10/15/31 144A                                                                                                                   | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   5250000 | PA      | $5501798.61   | 0.63%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                                                                                       | CRGYFN 7.875 04/15/32 144A                                                                                                               | CUSIP: 516806AK2<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2044794.00   | 0.24%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Acrisure Llc / Acrisure Fin Inc                                                                                   | ACRISU 8.5 06/15/29 144A                                                                                                                 | CUSIP: 00489LAM5<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1883726.12   | 0.22%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                                                          | FLTR 5.875 06/04/31 144A                                                                                                                 | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |   4400000 | PA      | $4362600.00   | 0.50%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Calumet Specialty Products Partners LP / Calumet Finance Corp                                                     | CLMT 9.25 07/15/29 144A                                                                                                                  | CUSIP: 131477AX9<br>LEI: 529900QWK0FGLES9BA18 | Long             | DBT              | CORP              | US        |   1400000 | PA      | $1426250.00   | 0.16%             | 2029-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| McGraw-Hill Education Inc.                                                                                        | MHED 7.375 09/01/31 144A                                                                                                                 | CUSIP: 58064LAA2<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4596781.50   | 0.53%             | 2031-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.                                                                  | TEVA 8.125 09/15/31                                                                                                                      | CUSIP: 88167AAR2<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $559585.00    | 0.06%             | 2031-09-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                                                                     | FREMOR 6.875 05/01/31 144A                                                                                                               | CUSIP: 35641AAE8<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1216648.03   | 0.14%             | 2031-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ARCHROCK SERVICES LP                                                                                              | AROC 6 02/01/34 144A                                                                                                                     | CUSIP: 03958CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5140000 | PA      | $5092753.43   | 0.59%             | 2034-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                                                           | MRP 6.25 09/15/32 144A                                                                                                                   | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1830000 | PA      | $1798767.02   | 0.21%             | 2032-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Waste Pro USA Inc                                                                                                 | WASPRO 7 02/01/33 144A                                                                                                                   | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |   4550000 | PA      | $4612567.05   | 0.53%             | 2033-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                                                 | RHP 7.25 07/15/28 144A                                                                                                                   | CUSIP: 749571AJ4<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2043220.00   | 0.24%             | 2028-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Cogent Communications Group LLC / Cogent Finance Inc.                                                             | CCOI 6.5 07/01/32 144A                                                                                                                   | CUSIP: 19240WAB5<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |   5950000 | PA      | $5194584.43   | 0.60%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Talen Energy Supply LLC                                                                                           | TLN 8.625 06/01/30 144A                                                                                                                  | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   2320000 | PA      | $2434925.84   | 0.28%             | 2030-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                                                           | ISATLN 9 09/15/29 144A                                                                                                                   | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |   7300000 | PA      | $7678067.00   | 0.89%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Discovery Global Holdings Inc.                                                                                    | WBD 4.054 03/15/29 *                                                                                                                     | CUSIP: 55903VBY8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2275093.75   | 0.26%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Osaic Holdings Inc.                                                                                               | ADVGRO 8 08/01/33 144A                                                                                                                   | CUSIP: 00791GAC1<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |   6250000 | PA      | $6175107.81   | 0.71%             | 2033-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc.                                                                       | ARI 4.625 06/15/29 144A                                                                                                                  | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              | CORP              | US        |   5700000 | PA      | $5657315.55   | 0.65%             | 2029-06-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| OneMain Financial Corporation                                                                                     | OMF 6.625 05/15/29                                                                                                                       | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1102443.10   | 0.13%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                                                 | RHP 6.5 04/01/32 144A                                                                                                                    | CUSIP: 749571AK1<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2598044.55   | 0.30%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| KEENOVA THERAPEUTICS PLC                                                                                          | KEENOVA THERAPEUTICS PLC                                                                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1445 | NS      | $127160.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Transocean International Ltd.                                                                                     | RIG 7.875 10/15/32 144A                                                                                                                  | CUSIP: 893814AA1<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | BM        |   1195000 | PA      | $1277682.05   | 0.15%             | 2032-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Company                                                                                         | CMC 5.75 11/15/33 144A                                                                                                                   | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $1015182.04   | 0.12%             | 2033-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                                                                                             | DTV 8.875 02/01/30 144a                                                                                                                  | CUSIP: 254945AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5900000 | PA      | $5894249.27   | 0.68%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Wayfair LLC                                                                                                       | W 7.75 09/15/30 144A                                                                                                                     | CUSIP: 94419NAB3<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2708958.20   | 0.31%             | 2030-09-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**Name of Applicant:** Franklin Templeton ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight