# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001410368-25-010233
**Filing Date:** 2025-9
**Character Count:** 664220
**Document Hash:** 74eea657303901dd6199155747e81d38
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010233.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-010233

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251338718

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares 0-5 Year High Yield Corporate Bond ETF (Series ID: S000042353)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000131291 | iShares 0-5 Year High Yield Corporate Bond ETF | SHYG            |

## Nport-Ex

Schedule of Investments (unaudited)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Corporate Bonds & Notes** | **Corporate Bonds & Notes** | **Corporate Bonds & Notes** |
| **Advertising — 1.5%** | **Advertising — 1.5%** | **Advertising — 1.5%** |
| &nbsp;&nbsp;&nbsp; Advantage Sales & Marketing Inc., 6.50%, <br> 11/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; $5190 | $3913833 |
| Clear Channel Outdoor Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 08/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10018 | 10003474 |
| &nbsp;&nbsp;&nbsp; 7.50%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8865 | 8078586 |
| &nbsp;&nbsp;&nbsp; 7.75%, 04/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8275 | 7809531 |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7160 | 7369808 |
| &nbsp;&nbsp;&nbsp; 9.00%, 09/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5840 | 6118860 |
| CMG Media Corp., 8.88%, 06/18/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5020 | 4887571 |
| Lamar Media Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/15/28 | &nbsp;&nbsp;&nbsp; 5400 | 5214528 |
| &nbsp;&nbsp;&nbsp; 4.00%, 02/15/30 | &nbsp;&nbsp;&nbsp; 4835 | 4587206 |
| &nbsp;&nbsp;&nbsp; 4.88%, 01/15/29 | &nbsp;&nbsp;&nbsp; 3625 | 3557913 |
| Neptune Bidco U.S. Inc., 9.29%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 20666 | 19996422 |
| &nbsp;&nbsp;&nbsp; Outfront Media Capital LLC/Outfront Media <br> Capital Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4547 | 4326989 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4395 | 4169756 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5823 | 5766167 |
| Stagwell Global LLC, 5.63%, 08/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9392 | 9028060 |
|  |  | 104828704 |
| **Aerospace & Defense — 1.4%** | **Aerospace & Defense — 1.4%** | **Aerospace & Defense — 1.4%** |
| AAR Escrow Issuer LLC, 6.75%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4790 | 4915737 |
| Bombardier Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5699 | 5729205 |
| &nbsp;&nbsp;&nbsp; 7.50%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6230 | 6469543 |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3160 | 3167900 |
| Incora Top Holdco LLC, 6.00%, 01/31/33<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 2728 | 2634339 |
| Moog Inc., 4.25%, 12/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4273 | 4176430 |
| Spirit AeroSystems Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.60%, 06/15/28 | &nbsp;&nbsp;&nbsp; 5935 | 5838556 |
| &nbsp;&nbsp;&nbsp; 9.38%, 11/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6130 | 6482475 |
| TransDigm Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/29 | &nbsp;&nbsp;&nbsp; 9720 | 9509222 |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6180 | 6064125 |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22270 | 22740454 |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17655 | 18009954 |
|  |  | 95737940 |
| **Agriculture — 0.2%** | **Agriculture — 0.2%** | **Agriculture — 0.2%** |
| Darling Ingredients Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4300 | 4291400 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6570 | 6609190 |
|  |  | 10900590 |
| **Airlines — 1.2%** | **Airlines — 1.2%** | **Airlines — 1.2%** |
| Air Canada, 3.88%, 08/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8897 | 8807051 |
| Allegiant Travel Co., 7.25%, 08/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4882 | 4871056 |
| American Airlines Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6525 | 6642972 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8065 | 8426026 |
| &nbsp;&nbsp;&nbsp; American Airlines Inc./AAdvantage Loyalty <br> IP Ltd.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/20/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3482 | 3473046 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/20/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 24620 | 24613761 |
| OneSky Flight LLC, 8.88%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4595 | 4838565 |
| &nbsp;&nbsp;&nbsp; Spirit Loyalty Cayman Ltd./Spirit IP Cayman <br> Ltd., 11.00%, 03/12/30, (8.00 % in Cash and <br> 4.00 % in PIK)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6785 | 4359335 |
| &nbsp;&nbsp;&nbsp; VistaJet Malta Finance PLC/Vista Management <br> Holding Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7750 | 7323750 |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4131 | 4144603 |
| &nbsp;&nbsp;&nbsp; 9.50%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4345 | 4463222 |
|  |  | 81963387 |
| **Apparel — 0.4%** | **Apparel — 0.4%** | **Apparel — 0.4%** |
| Crocs Inc., 4.25%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2917 | 2776965 |
| Kontoor Brands Inc., 4.13%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3297 | 3056205 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Apparel (continued)** | **Apparel (continued)** | **Apparel (continued)** |
| Under Armour Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 06/15/26 | &nbsp;&nbsp;&nbsp; $4618 | $4542957 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1509 | 1542485 |
| VF Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.80%, 04/23/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4430 | 4230650 |
| &nbsp;&nbsp;&nbsp; 2.95%, 04/23/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5640 | 4782100 |
| William Carter Co. (The), 5.63%, 03/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4471 | 4439703 |
| &nbsp;&nbsp;&nbsp; Wolverine World Wide Inc., 4.00%, <br> 08/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4827 | 4350961 |
|  |  | 29722026 |
| **Auto Manufacturers — 1.5%** | **Auto Manufacturers — 1.5%** | **Auto Manufacturers — 1.5%** |
| Allison Transmission Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2985 | 2958188 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3765 | 3781181 |
| &nbsp;&nbsp;&nbsp; Aston Martin Capital Holdings Ltd., 10.00%, <br> 03/31/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8620 | 8195810 |
| Jaguar Land Rover Automotive PLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4040 | 3974954 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3310 | 3299977 |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4185 | 4202096 |
| &nbsp;&nbsp;&nbsp; 7.75%, 10/15/25<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5336 | 5340788 |
| Mclaren Finance PLC, 7.50%, 08/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4781 | 4791729 |
| New Flyer Holdings Inc., 9.25%, 07/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3326 | 3549466 |
| Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.85%, 09/16/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5100 | 4888348 |
| &nbsp;&nbsp;&nbsp; 2.45%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5000 | 4513882 |
| &nbsp;&nbsp;&nbsp; 2.75%, 03/09/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5150 | 4773352 |
| &nbsp;&nbsp;&nbsp; 5.30%, 09/13/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 750 | 744375 |
| &nbsp;&nbsp;&nbsp; 7.05%, 09/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6000 | 6176710 |
| Nissan Motor Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 3.52%, 09/17/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5280 | 5266393 |
| &nbsp;&nbsp;&nbsp; 4.35%, 09/17/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19890 | 19331437 |
| &nbsp;&nbsp;&nbsp; 7.50%, 07/17/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8120 | 8372566 |
| &nbsp;&nbsp;&nbsp; PM General Purchaser LLC, 9.50%, <br> 10/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5005 | 3888223 |
| Wabash National Corp., 4.50%, 10/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3527 | 3155388 |
|  |  | 101204863 |
| **Auto Parts & Equipment — 1.9%** | **Auto Parts & Equipment — 1.9%** | **Auto Parts & Equipment — 1.9%** |
| Adient Global Holdings Ltd., 7.00%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4440 | 4544828 |
| American Axle & Manufacturing Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5195 | 4719883 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4436 | 4441545 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3775 | 3769338 |
| Clarios Global LP/Clarios U.S. Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6670 | 6818576 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7780 | 8011688 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14249 | 14342240 |
| Cooper-Standard Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/15/27, (5.63% PIK)<sup>(a)(b)(d)</sup> | &nbsp;&nbsp;&nbsp; 2745 | 2363973 |
| &nbsp;&nbsp;&nbsp; 13.50%, 03/31/27, (13.50% Cash)<sup>(a)(b)(d)</sup> | &nbsp;&nbsp;&nbsp; 3862 | 4057585 |
| Dana Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/15/27 | &nbsp;&nbsp;&nbsp; 3219 | 3223343 |
| &nbsp;&nbsp;&nbsp; 5.63%, 06/15/28 | &nbsp;&nbsp;&nbsp; 3237 | 3240651 |
| &nbsp;&nbsp;&nbsp; Dornoch Debt Merger Sub Inc., 6.63%, <br> 10/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5487 | 4357159 |
| Forvia SE, 8.00%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3770 | 3916087 |
| Goodyear Tire & Rubber Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6222 | 6195997 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6922 | 6714340 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3790 | 3902753 |
| &nbsp;&nbsp;&nbsp; IHO Verwaltungs GmbH, 6.38%, 05/15/29, <br> (6.38% Cash)<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 3180 | 3182697 |
| Phinia Inc., 6.75%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4575 | 4691877 |
| &nbsp;&nbsp;&nbsp; Real Hero Merger Sub 2 Inc., 6.25%, <br> 02/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4779 | 3285563 |
| Tenneco Inc., 8.00%, 11/17/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15497 | 15380772 |
| Titan International Inc., 7.00%, 04/30/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3430 | 3420782 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Auto Parts & Equipment (continued)** | **Auto Parts & Equipment (continued)** | **Auto Parts & Equipment (continued)** |
| ZF North America Capital Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/23/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $6210 | $5914714 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/14/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4710 | 4691626 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/14/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4555 | 4412656 |
|  |  | 129600673 |
| **Banks — 0.2%** | **Banks — 0.2%** | **Banks — 0.2%** |
| Freedom Mortgage Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4608 | 4608951 |
| &nbsp;&nbsp;&nbsp; 7.63%, 05/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4006 | 4023466 |
| &nbsp;&nbsp;&nbsp; 12.00%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5550 | 5935031 |
| Popular Inc., 7.25%, 03/13/28 | &nbsp;&nbsp;&nbsp; 2965 | 3102131 |
|  |  | 17669579 |
| **Beverages — 0.2%** | **Beverages — 0.2%** | **Beverages — 0.2%** |
| &nbsp;&nbsp;&nbsp; Primo Water Holdings Inc./Triton Water <br> Holdings Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6503 | 6261422 |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5300 | 5318329 |
|  |  | 11579751 |
| **Biotechnology — 0.0%** | **Biotechnology — 0.0%** | **Biotechnology — 0.0%** |
| &nbsp;&nbsp;&nbsp; Emergent BioSolutions Inc., 3.88%, <br> 08/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3995 | 3098122 |
| **Building Materials — 1.3%** | **Building Materials — 1.3%** | **Building Materials — 1.3%** |
| &nbsp;&nbsp;&nbsp; AmeriTex HoldCo Intermediate LLC, 10.25%, <br> 10/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4150 | 4403907 |
| Boise Cascade Co., 4.88%, 07/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2995 | 2908618 |
| Builders FirstSource Inc., 5.00%, 03/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4480 | 4385750 |
| &nbsp;&nbsp;&nbsp; Camelot Return Merger Sub Inc., 8.75%, <br> 08/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5605 | 5135693 |
| &nbsp;&nbsp;&nbsp; Cornerstone Building Brands Inc., 9.50%, <br> 08/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4000 | 3665080 |
| CP Atlas Buyer Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 9.75%, 07/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3860 | 3890533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12.75%, 01/15/31, (7.00 % in Cash and 5.75 <br> % in PIK)<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 3860 | 3669407 |
| Griffon Corp., 5.75%, 03/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8260 | 8233499 |
| &nbsp;&nbsp;&nbsp; James Hardie International Finance DAC, <br> 5.00%, 01/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 430 | 426502 |
| Jeld-Wen Inc., 4.88%, 12/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3490 | 3306502 |
| Louisiana-Pacific Corp., 3.63%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2727 | 2595011 |
| &nbsp;&nbsp;&nbsp; MIWD Holdco II LLC/MIWD Finance Corp., <br> 5.50%, 02/01/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4045 | 3853267 |
| &nbsp;&nbsp;&nbsp; New Enterprise Stone & Lime Co. Inc., 5.25%, <br> 07/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4965 | 4921397 |
| &nbsp;&nbsp;&nbsp; Oscar AcquisitionCo LLC/Oscar Finance Inc., <br> 9.50%, 04/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4840 | 3680155 |
| &nbsp;&nbsp;&nbsp; Smyrna Ready Mix Concrete LLC, 6.00%, <br> 11/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 8772 | 8733257 |
| Standard Industries Inc./New York |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11955 | 11317918 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8450 | 8341584 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7447 | 7444170 |
|  |  | 90912250 |
| **Chemicals — 3.4%** | **Chemicals — 3.4%** | **Chemicals — 3.4%** |
| &nbsp;&nbsp;&nbsp; ASP Unifrax Holdings Inc., 11.18%, 09/30/29, <br> (10.43% Cash and 11.18% PIK)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 3686 | 3374072 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems LLC, 3.38%, <br> 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5882 | 5503523 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems LLC/Axalta Coating <br> Systems Dutch Holding B BV, 4.75%, <br> 06/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4646 | 4610574 |
| Celanese U.S. Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.40%, 08/05/26 | &nbsp;&nbsp;&nbsp; 2100 | 2022375 |
| &nbsp;&nbsp;&nbsp; 6.50%, 04/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5870 | 5921245 |
| &nbsp;&nbsp;&nbsp; 6.67%, 07/15/27 | &nbsp;&nbsp;&nbsp; 5254 | 5383661 |
| &nbsp;&nbsp;&nbsp; 6.83%, 07/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6345 | 6585694 |
| &nbsp;&nbsp;&nbsp; 6.85%, 11/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8120 | 8459732 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Chemicals (continued)** | **Chemicals (continued)** | **Chemicals (continued)** |
| Chemours Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $4972 | $4191707 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3802 | 3721207 |
| &nbsp;&nbsp;&nbsp; 5.75%, 11/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6160 | 5673360 |
| &nbsp;&nbsp;&nbsp; CVR Partners LP/CVR Nitrogen Finance Corp., <br> 6.13%, 06/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4786 | 4753869 |
| Element Solutions Inc., 3.88%, 09/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6850 | 6593924 |
| GPD Companies Inc., 12.50%, 12/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1691 | 1466535 |
| Herens Holdco SARL, 4.75%, 05/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3105 | 2708779 |
| Huntsman International LLC, 4.50%, 05/01/29 | &nbsp;&nbsp;&nbsp; 5855 | 5562607 |
| &nbsp;&nbsp;&nbsp; Illuminate Buyer LLC/Illuminate Holdings <br> IV Inc., 9.00%, 07/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3505 | 3515594 |
| INEOS Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3465 | 3414480 |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5725 | 5686345 |
| &nbsp;&nbsp;&nbsp; INEOS Quattro Finance 2 PLC, 9.63%, <br> 03/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2325 | 2358875 |
| Ingevity Corp., 3.88%, 11/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4780 | 4542139 |
| Innophos Holdings Inc., 11.50%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3796 | 3837896 |
| Mativ Holdings Inc., 8.00%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3360 | 3031258 |
| Methanex Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 10/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5996 | 5960998 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5858 | 5755485 |
| Minerals Technologies Inc., 5.00%, 07/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3517 | 3459849 |
| NOVA Chemicals Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4445 | 4244975 |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8875 | 8820419 |
| &nbsp;&nbsp;&nbsp; 8.50%, 11/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3160 | 3318727 |
| &nbsp;&nbsp;&nbsp; 9.00%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5005 | 5377986 |
| &nbsp;&nbsp;&nbsp; Nufarm Australia Ltd./Nufarm Americas Inc., <br> 5.00%, 01/27/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2947 | 2721717 |
| Olin Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4250 | 4069162 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5525 | 5451673 |
| Olympus Water U.S. Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6705 | 6384386 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3430 | 3284225 |
| &nbsp;&nbsp;&nbsp; 9.75%, 11/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12810 | 13438076 |
| Rain Carbon Inc., 12.25%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3750 | 4037062 |
| SCIH Salt Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9370 | 9098457 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5787 | 5718528 |
| &nbsp;&nbsp;&nbsp; SCIL IV LLC/SCIL USA Holdings LLC, Class-H, <br> 5.38%, 11/01/26<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5400 | 5364625 |
| &nbsp;&nbsp;&nbsp; SK Invictus Intermediate II SARL, 5.00%, <br> 10/30/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5660 | 5507463 |
| SNF Group SACA |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 03/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3255 | 3145336 |
| &nbsp;&nbsp;&nbsp; 3.38%, 03/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2985 | 2747385 |
| Tronox Inc., 4.63%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8910 | 6957106 |
| &nbsp;&nbsp;&nbsp; Vibrantz Technologies Inc., 9.00%, <br> 02/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6105 | 3907200 |
| WR Grace Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6359 | 6323421 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9547 | 8798171 |
|  |  | 236811883 |
| **Coal — 0.1%** | **Coal — 0.1%** | **Coal — 0.1%** |
| &nbsp;&nbsp;&nbsp; Alliance Resource Operating <br> Partners LP/Alliance Resource Finance <br> Corp., 8.63%, 06/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3332 | 3530072 |
| &nbsp;&nbsp;&nbsp; Coronado Finance Pty Ltd., 9.25%, <br> 10/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3305 | 2525502 |
| SunCoke Energy Inc., 4.88%, 06/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4177 | 3816859 |
|  |  | 9872433 |
| **Commercial Services — 5.5%** | **Commercial Services — 5.5%** | **Commercial Services — 5.5%** |
| ADT Security Corp. (The), 4.13%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8377 | 8018716 |
| &nbsp;&nbsp;&nbsp; Adtalem Global Education Inc., 5.50%, <br> 03/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3250 | 3212911 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Commercial Services (continued)** | **Commercial Services (continued)** | **Commercial Services (continued)** |
| &nbsp;&nbsp;&nbsp; Albion Financing 1 SARL / Aggreko <br> Holdings Inc., 7.00%, 05/21/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; $11260 | $11597800 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8085 | 7872769 |
| &nbsp;&nbsp;&nbsp; 6.88%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8725 | 8933630 |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal <br> Finance Corp./Atlas Luxco 4 SARL<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9613 | 9324610 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5860 | 5695066 |
| &nbsp;&nbsp;&nbsp; Alta Equipment Group Inc., 9.00%, <br> 06/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4100 | 3885099 |
| AMN Healthcare Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2970 | 2723679 |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4300 | 4192070 |
| &nbsp;&nbsp;&nbsp; Avis Budget Car Rental LLC/Avis Budget <br> Finance Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4037 | 3875932 |
| &nbsp;&nbsp;&nbsp; 5.38%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4872 | 4658850 |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2680 | 2663250 |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2141 | 2127084 |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5432 | 5580837 |
| Belron U.K. Finance PLC, 5.75%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8475 | 8551275 |
| Block Inc., 2.75%, 06/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7145 | 7006816 |
| Brink's Co. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5027 | 4941591 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3484 | 3571843 |
| Carriage Services Inc., 4.25%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3557 | 3332631 |
| &nbsp;&nbsp;&nbsp; Champions Financing Inc., 8.75%, <br> 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5190 | 4794408 |
| Clarivate Science Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 07/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7929 | 7578175 |
| &nbsp;&nbsp;&nbsp; 4.88%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7910 | 7405737 |
| CoreCivic Inc., 8.25%, 04/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4180 | 4419321 |
| Dcli Bidco LLC, 7.75%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4187 | 4272489 |
| Deluxe Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4185 | 4017223 |
| &nbsp;&nbsp;&nbsp; 8.13%, 09/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4125 | 4243882 |
| EquipmentShare.com Inc., 9.00%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8525 | 8984985 |
| Garda World Security Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5188 | 5136482 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4327 | 4242740 |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3390 | 3490489 |
| GEO Group Inc. (The), 8.63%, 04/15/29 | &nbsp;&nbsp;&nbsp; 5432 | 5772043 |
| Graham Holdings Co., 5.75%, 06/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3040 | 3039113 |
| Grand Canyon University, 5.13%, 10/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3040 | 2938561 |
| Herc Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9337 | 9300866 |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6447 | 6600116 |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12220 | 12601875 |
| Hertz Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3801 | 3430403 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7470 | 5271698 |
| &nbsp;&nbsp;&nbsp; 12.63%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10310 | 10727864 |
| Korn Ferry, 4.63%, 12/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3042 | 3000558 |
| &nbsp;&nbsp;&nbsp; Mavis Tire Express Services Topco Corp., <br> 6.50%, 05/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6226 | 6155448 |
| Mobius Merger Sub Inc., 9.00%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4575 | 4197562 |
| NESCO Holdings II Inc., 5.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7527 | 7338825 |
| OT Midco Inc., 10.00%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5210 | 4292519 |
| &nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC/Prime <br> Finance Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 08/31/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8638 | 8334893 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2272 | 2281940 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10415 | 10415000 |
| PROG Holdings Inc., 6.00%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4737 | 4571205 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Commercial Services (continued)** | **Commercial Services (continued)** | **Commercial Services (continued)** |
| RR Donnelley & Sons Co. |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $8909 | $9114174 |
| &nbsp;&nbsp;&nbsp; 10.88%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4065 | 3952399 |
| Service Corp. International/U.S. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4512 | 4464530 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6287 | 6235669 |
| Sotheby's, 7.38%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6505 | 6423687 |
| StoneMor Inc., 8.50%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3105 | 2956629 |
| TriNet Group Inc., 3.50%, 03/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4377 | 4066152 |
| United Rentals North America Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/15/27 | &nbsp;&nbsp;&nbsp; 6460 | 6290425 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/15/30 | &nbsp;&nbsp;&nbsp; 6100 | 5782003 |
| &nbsp;&nbsp;&nbsp; 4.88%, 01/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13301 | 13246555 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4845 | 4831285 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3450 | 3450690 |
| Upbound Group Inc., 6.38%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3937 | 3838575 |
| VM Consolidated Inc., 5.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3060 | 3016551 |
| &nbsp;&nbsp;&nbsp; WASH Multifamily Acquisition Inc., 5.75%, <br> 04/15/26<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6495 | 6498247 |
| Williams Scotsman Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4040 | 3973457 |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4050 | 4152381 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4170 | 4298154 |
| ZipRecruiter Inc., 5.00%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4767 | 3611003 |
|  |  | 380825445 |
| **Computers — 1.1%** | **Computers — 1.1%** | **Computers — 1.1%** |
| Ahead DB Holdings LLC, 6.63%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3292 | 3302071 |
| ASGN Inc., 4.63%, 05/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4844 | 4716361 |
| &nbsp;&nbsp;&nbsp; Conduent Business Services LLC/Conduent <br> State & Local Solutions Inc., 6.00%, <br> 11/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4577 | 4352086 |
| Crowdstrike Holdings Inc., 3.00%, 02/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5787 | 5417901 |
| Diebold Nixdorf Inc., 7.75%, 03/31/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7095 | 7520420 |
| McAfee Corp., 7.38%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 15905 | 14728746 |
| NCR Atleos Corp., 9.50%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10042 | 10848373 |
| NCR Voyix Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5815 | 5716029 |
| &nbsp;&nbsp;&nbsp; 5.13%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3636 | 3562592 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp., 4.88%, <br> 04/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3485 | 3428610 |
| Seagate Data Storage Technology Pte Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.09%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3987 | 3816307 |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1200 | 1212682 |
| &nbsp;&nbsp;&nbsp; 8.25%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4020 | 4286325 |
| Virtusa Corp., 7.13%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3042 | 2903570 |
| Western Digital Corp., 4.75%, 02/15/26 | &nbsp;&nbsp;&nbsp; 3812 | 3803172 |
|  |  | 79615245 |
| **Cosmetics & Personal Care — 0.3%** | **Cosmetics & Personal Care — 0.3%** | **Cosmetics & Personal Care — 0.3%** |
| Edgewell Personal Care Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4550 | 4308532 |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6589 | 6551113 |
| &nbsp;&nbsp;&nbsp; Perrigo Finance Unlimited Co., 4.90%, <br> 06/15/30<br>| &nbsp;&nbsp;&nbsp; 6140 | 5993594 |
| Prestige Brands Inc., 5.13%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3455 | 3423551 |
|  |  | 20276790 |
| **Distribution & Wholesale — 0.5%** | **Distribution & Wholesale — 0.5%** | **Distribution & Wholesale — 0.5%** |
| &nbsp;&nbsp;&nbsp; American Builders & Contractors Supply <br> Co. Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3270 | 3079229 |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5762 | 5608806 |
| &nbsp;&nbsp;&nbsp; Dealer Tire LLC/DT Issuer LLC, 8.00%, <br> 02/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4375 | 4280546 |
| Gates Corp./DE, 6.88%, 07/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4270 | 4395735 |
| RB Global Holdings Inc., 6.75%, 03/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4995 | 5119176 |
| Velocity Vehicle Group LLC, 8.00%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4185 | 4230969 |
| Windsor Holdings III LLC, 8.50%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5405 | 5733776 |
|  |  | 32448237 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Diversified Financial Services — 5.2%** | **Diversified Financial Services — 5.2%** | **Diversified Financial Services — 5.2%** |
| AG Issuer LLC, 6.25%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $4005 | $4004879 |
| &nbsp;&nbsp;&nbsp; AG TTMT Escrow Issuer LLC, 8.63%, <br> 09/30/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3781 | 3887754 |
| Ally Financial Inc., 5.75%, 11/20/25 | &nbsp;&nbsp;&nbsp; 7473 | 7484281 |
| Aretec Group Inc., 7.50%, 04/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3122 | 3122000 |
| Armor Holdco Inc., 8.50%, 11/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2870 | 2760848 |
| Azorra Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 7.25%, 01/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1860 | 1899748 |
| &nbsp;&nbsp;&nbsp; 7.75%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4205 | 4378456 |
| &nbsp;&nbsp;&nbsp; Bread Financial Holdings Inc., 9.75%, <br> 03/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6690 | 7175025 |
| Burford Capital Global Finance LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 04/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3585 | 3571144 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2650 | 2643448 |
| Cobra AcquisitionCo LLC, 6.38%, 11/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3180 | 2776298 |
| Coinbase Global Inc., 3.38%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7745 | 7290013 |
| Credit Acceptance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4350 | 4391543 |
| &nbsp;&nbsp;&nbsp; 9.25%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4835 | 5112024 |
| Encore Capital Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4110 | 4333224 |
| &nbsp;&nbsp;&nbsp; 9.25%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4015 | 4238460 |
| Enova International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 9.13%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4342 | 4542693 |
| &nbsp;&nbsp;&nbsp; 11.25%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2935 | 3141090 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Holdings LLC, 9.25%, <br> 02/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 9247 | 9656689 |
| GGAM Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3130 | 3141979 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3052 | 3144538 |
| &nbsp;&nbsp;&nbsp; 8.00%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5290 | 5451239 |
| &nbsp;&nbsp;&nbsp; 8.00%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4742 | 5014258 |
| &nbsp;&nbsp;&nbsp; 7.75%, 05/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3070 | 3092782 |
| &nbsp;&nbsp;&nbsp; Global Aircraft Leasing Co. Ltd., 8.75%, <br> 09/01/27<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8977 | 9272972 |
| goeasy Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 7.63%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5270 | 5433417 |
| &nbsp;&nbsp;&nbsp; 9.25%, 12/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4455 | 4717132 |
| &nbsp;&nbsp;&nbsp; Series 144\*, 6.88%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3030 | 3044677 |
| &nbsp;&nbsp;&nbsp; GPS Hospitality Holding Co. LLC/GPS <br> Finco Inc., 7.00%, 08/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2971 | 1736550 |
| Hightower Holding LLC, 9.13%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3375 | 3590021 |
| &nbsp;&nbsp;&nbsp; Jane Street Group/JSG Finance Inc., 4.50%, <br> 11/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4575 | 4380107 |
| &nbsp;&nbsp;&nbsp; Jefferies Finance LLC/JFIN Co-Issuer Corp., <br> 5.00%, 08/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 8130 | 7845450 |
| Jefferson Capital Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4220 | 4397324 |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3520 | 3713600 |
| LD Holdings Group LLC, 6.13%, 04/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4360 | 3738700 |
| LFS Topco LLC, 8.75%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3175 | 3070860 |
| Midcap Financial Issuer Trust |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3080 | 2891982 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8565 | 8489114 |
| Nationstar Mortgage Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3742 | 3732645 |
| &nbsp;&nbsp;&nbsp; 5.50%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6380 | 6372569 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4959 | 4965328 |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6450 | 6592509 |
| Navient Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/15/28 | &nbsp;&nbsp;&nbsp; 4425 | 4319458 |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6059 | 5986353 |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5930 | 5802149 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/15/26 | &nbsp;&nbsp;&nbsp; 3742 | 3779420 |
| &nbsp;&nbsp;&nbsp; 9.38%, 07/25/30 | &nbsp;&nbsp;&nbsp; 3330 | 3642739 |
| OneMain Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 01/15/27 | &nbsp;&nbsp;&nbsp; 6627 | 6468946 |
| &nbsp;&nbsp;&nbsp; 3.88%, 09/15/28 | &nbsp;&nbsp;&nbsp; 4620 | 4406325 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** | **Diversified Financial Services (continued)** |
| &nbsp;&nbsp;&nbsp; 5.38%, 11/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; $6010 | $5889800 |
| &nbsp;&nbsp;&nbsp; 6.13%, 05/15/30 | &nbsp;&nbsp;&nbsp; 2260 | 2262825 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/28 | &nbsp;&nbsp;&nbsp; 6807 | 6971997 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/29 | &nbsp;&nbsp;&nbsp; 7265 | 7419381 |
| &nbsp;&nbsp;&nbsp; 7.13%, 03/15/26 | &nbsp;&nbsp;&nbsp; 4061 | 4112444 |
| &nbsp;&nbsp;&nbsp; 7.88%, 03/15/30 | &nbsp;&nbsp;&nbsp; 5455 | 5742026 |
| &nbsp;&nbsp;&nbsp; 9.00%, 01/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6720 | 7056470 |
| Osaic Holdings Inc., 10.75%, 08/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2438 | 2438219 |
| &nbsp;&nbsp;&nbsp; Oxford Finance LLC/Oxford Finance Co-Issuer <br> II Inc., 6.38%, 02/01/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2863 | 2860179 |
| PennyMac Financial Services Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5010 | 4804137 |
| &nbsp;&nbsp;&nbsp; 7.88%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6040 | 6382468 |
| &nbsp;&nbsp;&nbsp; PHH Escrow Issuer LLC/PHH Corp., 9.88%, <br> 11/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4230 | 4236768 |
| &nbsp;&nbsp;&nbsp; Phoenix Aviation Capital Ltd., 9.25%, <br> 07/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 250 | 261818 |
| &nbsp;&nbsp;&nbsp; Planet Financial Group LLC, 10.50%, <br> 12/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4925 | 5034187 |
| PRA Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3005 | 2778148 |
| &nbsp;&nbsp;&nbsp; 8.38%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3705 | 3791401 |
| &nbsp;&nbsp;&nbsp; 8.88%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4207 | 4365479 |
| &nbsp;&nbsp;&nbsp; Provident Funding Associates LP/PFG Finance <br> Corp., 9.75%, 09/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4365 | 4566478 |
| Rfna LP, 7.88%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3925 | 3997649 |
| Rocket Companies Inc., 6.13%, 08/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3495 | 3542789 |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 10/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8303 | 8099743 |
| &nbsp;&nbsp;&nbsp; 3.63%, 03/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5840 | 5511500 |
| SLM Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 11/02/26 | &nbsp;&nbsp;&nbsp; 3369 | 3292861 |
| &nbsp;&nbsp;&nbsp; 6.50%, 01/31/30 | &nbsp;&nbsp;&nbsp; 3920 | 4070405 |
| TrueNoord Capital DAC, 8.75%, 03/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3105 | 3221822 |
| United Wholesale Mortgage LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6016 | 6012596 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5800 | 5676750 |
| &nbsp;&nbsp;&nbsp; 5.75%, 06/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4381 | 4383191 |
| UWM Holdings LLC, 6.63%, 02/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6430 | 6428939 |
|  |  | 363857230 |
| **Electric — 2.3%** | **Electric — 2.3%** | **Electric — 2.3%** |
| &nbsp;&nbsp;&nbsp; Atlantica Sustainable Infrastructure Ltd., 4.13%, <br> 06/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3450 | 3333730 |
| Calpine Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9662 | 9555087 |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4895 | 4815006 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10855 | 10795949 |
| &nbsp;&nbsp;&nbsp; Clearway Energy Operating LLC, 4.75%, <br> 03/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7350 | 7211379 |
| &nbsp;&nbsp;&nbsp; ContourGlobal Power Holdings SA, 6.75%, <br> 02/28/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3405 | 3490125 |
| DPL Inc., 4.35%, 04/15/29 | &nbsp;&nbsp;&nbsp; 3112 | 3038090 |
| &nbsp;&nbsp;&nbsp; Leeward Renewable Energy Operations LLC, <br> 4.25%, 07/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2620 | 2453005 |
| NRG Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4082 | 3832465 |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5830 | 5764529 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/28 | &nbsp;&nbsp;&nbsp; 5767 | 5785703 |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6291 | 6281596 |
| &nbsp;&nbsp;&nbsp; Pattern Energy Operations LP/Pattern Energy <br> Operations Inc., 4.50%, 08/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6015 | 5830374 |
| PG&E Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8594 | 8389545 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7960 | 7601800 |
| Pike Corp., 5.50%, 09/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6029 | 6006391 |
| Talen Energy Supply LLC, 8.63%, 06/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8075 | 8585326 |
| TransAlta Corp., 7.75%, 11/15/29 | &nbsp;&nbsp;&nbsp; 3493 | 3644380 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Electric (continued)** | **Electric (continued)** | **Electric (continued)** |
| Vistra Operations Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $10208 | $9885172 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/31/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10113 | 10057480 |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7337 | 7333541 |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10831 | 10818164 |
| XPLR Infrastructure Operating Partners LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3715 | 3630976 |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4255 | 4131842 |
| &nbsp;&nbsp;&nbsp; 7.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6100 | 6224601 |
|  |  | 158496256 |
| **Electrical Components & Equipment — 0.4%** | **Electrical Components & Equipment — 0.4%** | **Electrical Components & Equipment — 0.4%** |
| Energizer Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 03/31/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6990 | 6628016 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5045 | 4915289 |
| WESCO Distribution Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7687 | 7891692 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9790 | 9920207 |
| Wolverine Escrow LLC, 0.00%, 01/31/33<sup>(c)(e)(f)</sup> | &nbsp;&nbsp;&nbsp; 9112 |  |
|  |  | 29355204 |
| **Electronics — 0.6%** | **Electronics — 0.6%** | **Electronics — 0.6%** |
| Coherent Corp., 5.00%, 12/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8327 | 8150051 |
| Imola Merger Corp., 4.75%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16405 | 15903151 |
| Sensata Technologies BV, 4.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7978 | 7593700 |
| Sensata Technologies Inc., 4.38%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3555 | 3397548 |
| TTM Technologies Inc., 4.00%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4475 | 4264586 |
|  |  | 39309036 |
| **Energy - Alternate Sources — 0.2%** | **Energy - Alternate Sources — 0.2%** | **Energy - Alternate Sources — 0.2%** |
| TerraForm Power Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5752 | 5517549 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5916 | 5833184 |
|  |  | 11350733 |
| **Engineering & Construction — 0.4%** | **Engineering & Construction — 0.4%** | **Engineering & Construction — 0.4%** |
| Arcosa Inc., 4.38%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3380 | 3258789 |
| Dycom Industries Inc., 4.50%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4152 | 4017060 |
| Fluor Corp., 4.25%, 09/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4777 | 4697953 |
| &nbsp;&nbsp;&nbsp; Global Infrastructure Solutions Inc., 5.63%, <br> 06/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3280 | 3267907 |
| TopBuild Corp., 3.63%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3407 | 3207179 |
| Tutor Perini Corp., 11.88%, 04/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3195 | 3589039 |
| &nbsp;&nbsp;&nbsp; Weekley Homes LLC/Weekley Finance Corp., <br> 4.88%, 09/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3580 | 3456737 |
|  |  | 25494664 |
| **Entertainment — 3.2%** | **Entertainment — 3.2%** | **Entertainment — 3.2%** |
| Affinity Interactive, 6.88%, 12/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4380 | 2413468 |
| &nbsp;&nbsp;&nbsp; Allwyn Entertainment Financing U.K. PLC, <br> 7.88%, 04/30/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5603 | 5825372 |
| &nbsp;&nbsp;&nbsp; AMC Entertainment Holdings Inc., 7.50%, <br> 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6925 | 5867527 |
| &nbsp;&nbsp;&nbsp; Banijay Entertainment SASU, 8.13%, <br> 05/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3560 | 3696388 |
| Boyne USA Inc., 4.75%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5980 | 5805507 |
| Brightstar Lottery PLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6260 | 6213050 |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5910 | 5964608 |
| Caesars Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10187 | 9626715 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16825 | 17282430 |
| Churchill Downs Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6085 | 6001331 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5290 | 5282814 |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10255 | 10233999 |
| Cinemark USA Inc., 5.25%, 07/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6601 | 6557789 |
| &nbsp;&nbsp;&nbsp; Great Canadian Gaming Corp./Raptor LLC, <br> 8.75%, 11/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4690 | 4565715 |
| Jacobs Entertainment Inc., 6.75%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4158 | 4052309 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Entertainment (continued)** | **Entertainment (continued)** | **Entertainment (continued)** |
| Light & Wonder International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $5085 | $5095398 |
| &nbsp;&nbsp;&nbsp; 7.25%, 11/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4195 | 4307050 |
| Live Nation Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4230 | 4108147 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7967 | 7848371 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8745 | 8834909 |
| &nbsp;&nbsp;&nbsp; Midwest Gaming Borrower LLC/Midwest <br> Gaming Finance Corp., 4.88%, 05/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6452 | 6219071 |
| &nbsp;&nbsp;&nbsp; Mohegan Tribal Gaming Authority/MS Digital <br> Entertainment Holdings LLC, 8.25%, <br> 04/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6415 | 6654761 |
| Motion Bondco DAC, 6.63%, 11/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3640 | 3465281 |
| Odeon Finco PLC, 12.75%, 11/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2774 | 2888427 |
| Penn Entertainment Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3362 | 3109024 |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3536 | 3519581 |
| &nbsp;&nbsp;&nbsp; Premier Entertainment Sub LLC/Premier <br> Entertainment Finance Corp., 5.63%, <br> 09/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5100 | 3089317 |
| &nbsp;&nbsp;&nbsp; Resorts World Las Vegas LLC/RWLV <br> Capital Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/16/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7710 | 6866357 |
| &nbsp;&nbsp;&nbsp; 8.45%, 07/27/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 50 | 49813 |
| &nbsp;&nbsp;&nbsp; Scientific Games Holdings LP/Scientific Games <br> U.S. FinCo Inc., 6.63%, 03/01/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6925 | 6674305 |
| &nbsp;&nbsp;&nbsp; SeaWorld Parks & Entertainment Inc., 5.25%, <br> 08/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6332 | 6168027 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp./Canada's <br> Wonderland Co./Magnum <br> Management Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4447 | 4324019 |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/15/27 | &nbsp;&nbsp;&nbsp; 4570 | 4558575 |
| &nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp./DE, 5.50%, <br> 04/15/27<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4587 | 4575269 |
| &nbsp;&nbsp;&nbsp; Speedway Motorsports LLC/Speedway Funding <br> II Inc., 4.88%, 11/01/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2947 | 2914101 |
| &nbsp;&nbsp;&nbsp; Universal Entertainment Corp., 9.88%, <br> 08/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3110 | 3036471 |
| Vail Resorts Inc., 5.63%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3895 | 3916422 |
| Warnermedia Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.76%, 03/15/27 | &nbsp;&nbsp;&nbsp; 4289 | 4192497 |
| &nbsp;&nbsp;&nbsp; 4.05%, 03/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10500 | 9830625 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Finance LLC/Wynn Resorts <br> Capital Corp., 5.13%, 10/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6407 | 6361132 |
|  |  | 221995972 |
| **Environmental Control — 0.6%** | **Environmental Control — 0.6%** | **Environmental Control — 0.6%** |
| Clean Harbors Inc., 4.88%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4410 | 4376396 |
| Enviri Corp., 5.75%, 07/31/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4061 | 3996212 |
| GFL Environmental Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6290 | 6095860 |
| &nbsp;&nbsp;&nbsp; 4.38%, 08/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4385 | 4231982 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5947 | 5817450 |
| Madison IAQ LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5941 | 5751396 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8515 | 8287953 |
| Reworld Holding Corp., 4.88%, 12/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6155 | 5870908 |
|  |  | 44428157 |
| **Food — 2.3%** | **Food — 2.3%** | **Food — 2.3%** |
| &nbsp;&nbsp;&nbsp; Albertsons Companies Inc./Safeway Inc./New <br> Albertsons LP/Albertsons LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 03/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5756 | 5695389 |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10952 | 10324413 |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11224 | 11131402 |
| &nbsp;&nbsp;&nbsp; 4.88%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7960 | 7763941 |
| &nbsp;&nbsp;&nbsp; 5.88%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6530 | 6523914 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6305 | 6406637 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Food (continued)** | **Food (continued)** | **Food (continued)** |
| B&G Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; $4342 | $3858596 |
| &nbsp;&nbsp;&nbsp; 8.00%, 09/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6470 | 6049450 |
| &nbsp;&nbsp;&nbsp; C&S Group Enterprises LLC, 5.00%, <br> 12/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3592 | 3214840 |
| &nbsp;&nbsp;&nbsp; Chobani Holdco II LLC, 8.75%, 10/01/29, <br> (8.75% PIK)<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 4657 | 4988792 |
| Chobani LLC/Chobani Finance Corp. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3685 | 3616335 |
| &nbsp;&nbsp;&nbsp; 7.63%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4375 | 4551172 |
| &nbsp;&nbsp;&nbsp; KeHE Distributors LLC/KeHE Finance <br> Corp./NextWave Distribution Inc., 9.00%, <br> 02/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 8530 | 8895191 |
| Lamb Weston Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 01/31/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7715 | 7328677 |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4390 | 4335125 |
| Performance Food Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8555 | 8223494 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9027 | 9015665 |
| Post Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10960 | 10469555 |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9575 | 9487628 |
| &nbsp;&nbsp;&nbsp; Simmons Foods Inc./Simmons Prepared <br> Foods Inc./Simmons Pet Food Inc./Simmons <br> Feed, 4.63%, 03/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7320 | 6926550 |
| TreeHouse Foods Inc., 4.00%, 09/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4286 | 3959158 |
| U.S. Foods Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3410 | 3285503 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7555 | 7386221 |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4370 | 4491792 |
| United Natural Foods Inc., 6.75%, 10/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4400 | 4356000 |
|  |  | 162285440 |
| **Food Service — 0.3%** | **Food Service — 0.3%** | **Food Service — 0.3%** |
| Aramark Services Inc., 5.00%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9797 | 9709905 |
| TKC Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3227 | 3227346 |
| &nbsp;&nbsp;&nbsp; 10.50%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4980 | 5114611 |
|  |  | 18051862 |
| **Forest Products & Paper — 0.2%** | **Forest Products & Paper — 0.2%** | **Forest Products & Paper — 0.2%** |
| Domtar Corp., 6.75%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5279 | 4599662 |
| Magnera Corp., 4.75%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4202 | 3709409 |
| Mercer International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 02/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7126 | 5742772 |
| &nbsp;&nbsp;&nbsp; 12.88%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3575 | 3606904 |
|  |  | 17658747 |
| **Gas — 0.2%** | **Gas — 0.2%** | **Gas — 0.2%** |
| AmeriGas Partners LP/AmeriGas Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/20/27 | &nbsp;&nbsp;&nbsp; 4182 | 4158163 |
| &nbsp;&nbsp;&nbsp; 9.38%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4052 | 4170622 |
| &nbsp;&nbsp;&nbsp; 9.50%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4690 | 4924500 |
|  |  | 13253285 |
| **Health Care - Products — 1.8%** | **Health Care - Products — 1.8%** | **Health Care - Products — 1.8%** |
| Avantor Funding Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6835 | 6445087 |
| &nbsp;&nbsp;&nbsp; 4.63%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12835 | 12546213 |
| Bausch & Lomb Corp., 8.38%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11440 | 11943057 |
| Embecta Corp., 5.00%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4450 | 4025218 |
| Hologic Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7301 | 6914777 |
| &nbsp;&nbsp;&nbsp; 4.63%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3787 | 3733571 |
| Medline Borrower LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 35220 | 33547050 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19260 | 18900163 |
| &nbsp;&nbsp;&nbsp; Medline Borrower LP/Medline Co-Issuer Inc., <br> 6.25%, 04/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 12540 | 12789428 |
| &nbsp;&nbsp;&nbsp; Neogen Food Safety Corp., 8.63%, <br> 07/20/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2335 | 2358350 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Health Care - Products (continued)** | **Health Care - Products (continued)** | **Health Care - Products (continued)** |
| Teleflex Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $4382 | $4238106 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/27 | &nbsp;&nbsp;&nbsp; 4396 | 4324081 |
| Varex Imaging Corp., 7.88%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2742 | 2783216 |
|  |  | 124548317 |
| **Health Care - Services — 3.8%** | **Health Care - Services — 3.8%** | **Health Care - Services — 3.8%** |
| Acadia Healthcare Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4330 | 4187831 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3990 | 3939008 |
| Charles River Laboratories International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4550 | 4274725 |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4330 | 4198790 |
| CHS/Community Health Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11060 | 9684858 |
| &nbsp;&nbsp;&nbsp; 5.63%, 03/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14419 | 14441638 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5090 | 4839146 |
| &nbsp;&nbsp;&nbsp; 6.13%, 04/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9455 | 6625000 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10110 | 7936350 |
| DaVita Inc., 4.63%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 21535 | 20558388 |
| Encompass Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6327 | 6209160 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/30 | &nbsp;&nbsp;&nbsp; 6925 | 6762199 |
| &nbsp;&nbsp;&nbsp; 5.75%, 09/15/25<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 997 | 997337 |
| Fortrea Holdings Inc., 7.50%, 07/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3990 | 3639498 |
| HealthEquity Inc., 4.50%, 10/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5270 | 5078257 |
| &nbsp;&nbsp;&nbsp; Heartland Dental LLC/Heartland Dental Finance <br> Corp., 10.50%, 04/30/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4995 | 5265167 |
| IQVIA Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7631 | 7611007 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9420 | 9365835 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4335 | 4471292 |
| Kedrion SpA, 6.50%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6815 | 6619069 |
| LifePoint Health Inc., 5.38%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4417 | 4150694 |
| Molina Healthcare Inc., 4.38%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6909 | 6597473 |
| &nbsp;&nbsp;&nbsp; MPH Acquisition Holdings LLC, 11.50%, <br> 12/31/30, (6.50 % Cash and 5.00 % in <br> PIK)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 1799 | 1782139 |
| &nbsp;&nbsp;&nbsp; Pediatrix Medical Group Inc., 5.38%, <br> 02/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3560 | 3489836 |
| &nbsp;&nbsp;&nbsp; Prime Healthcare Services Inc., 9.38%, <br> 09/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 12340 | 12262875 |
| &nbsp;&nbsp;&nbsp; Radiology Partners Inc., 9.78%, 02/15/30, <br> (6.78% PIK)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 5265 | 5219982 |
| RCN Corp., 11.63%, 04/15/23<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 2653 |  |
| Team Health Holdings Inc., 8.38%, 06/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1515 | 1525226 |
| Tenet Healthcare Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/01/29 | &nbsp;&nbsp;&nbsp; 10885 | 10484976 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/30 | &nbsp;&nbsp;&nbsp; 11320 | 10883269 |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5155 | 5067932 |
| &nbsp;&nbsp;&nbsp; 5.13%, 11/01/27 | &nbsp;&nbsp;&nbsp; 11731 | 11690180 |
| &nbsp;&nbsp;&nbsp; 6.13%, 10/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 19216 | 19216000 |
| &nbsp;&nbsp;&nbsp; 6.13%, 06/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12670 | 12777442 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/01/27 | &nbsp;&nbsp;&nbsp; 10529 | 10546574 |
| &nbsp;&nbsp;&nbsp; U.S. Acute Care Solutions LLC, 9.75%, <br> 05/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8053 | 8222889 |
| US Renal Care Inc., 10.63%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2984 | 2189261 |
|  |  | 262811303 |
| **Holding Companies - Diversified — 0.6%** | **Holding Companies - Diversified — 0.6%** | **Holding Companies - Diversified — 0.6%** |
| &nbsp;&nbsp;&nbsp; Compass Group Diversified Holdings LLC, <br> 5.25%, 04/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8300 | 7705659 |
| &nbsp;&nbsp;&nbsp; Icahn Enterprises LP/Icahn Enterprises <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5788 | 4977625 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11505 | 11207327 |
| &nbsp;&nbsp;&nbsp; 6.25%, 05/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5628 | 5588829 |
| &nbsp;&nbsp;&nbsp; 9.00%, 06/15/30 | &nbsp;&nbsp;&nbsp; 5970 | 5799111 |
| &nbsp;&nbsp;&nbsp; 9.75%, 01/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5325 | 5392549 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Holding Companies - Diversified (continued)** | **Holding Companies - Diversified (continued)** | **Holding Companies - Diversified (continued)** |
| &nbsp;&nbsp;&nbsp; 10.00%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $3765 | $3812086 |
|  |  | 44483186 |
| **Home Builders — 1.2%** | **Home Builders — 1.2%** | **Home Builders — 1.2%** |
| Adams Homes Inc., 9.25%, 10/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3392 | 3509864 |
| &nbsp;&nbsp;&nbsp; Ashton Woods USA LLC/Ashton Woods <br> Finance Co.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2667 | 2532623 |
| &nbsp;&nbsp;&nbsp; 4.63%, 04/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3050 | 2867079 |
| Beazer Homes USA Inc., 5.88%, 10/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2991 | 2981010 |
| &nbsp;&nbsp;&nbsp; Brookfield Residential Properties Inc./Brookfield <br> Residential U.S. LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4135 | 3762076 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2935 | 2736460 |
| &nbsp;&nbsp;&nbsp; 6.25%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5318 | 5304705 |
| Century Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4235 | 3906433 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/01/27 | &nbsp;&nbsp;&nbsp; 4325 | 4329325 |
| Empire Communities Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 12/15/25<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3500 | 3491469 |
| &nbsp;&nbsp;&nbsp; 9.75%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3675 | 3747891 |
| &nbsp;&nbsp;&nbsp; K Hovnanian Enterprises Inc., 11.75%, <br> 09/30/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3570 | 3859056 |
| KB Home, 7.25%, 07/15/30 | &nbsp;&nbsp;&nbsp; 2540 | 2613660 |
| LGI Homes Inc., 8.75%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3540 | 3702663 |
| M/I Homes Inc., 4.95%, 02/01/28 | &nbsp;&nbsp;&nbsp; 3360 | 3327659 |
| Mattamy Group Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4850 | 4624475 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4302 | 4273397 |
| &nbsp;&nbsp;&nbsp; Shea Homes LP/Shea Homes Funding Corp., <br> 4.75%, 02/15/28<br>| &nbsp;&nbsp;&nbsp; 3947 | 3854815 |
| Taylor Morrison Communities Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3965 | 3995957 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4230 | 4255888 |
| Thor Industries Inc., 4.00%, 10/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4397 | 4125257 |
| Tri Pointe Homes Inc., 5.70%, 06/15/28 | &nbsp;&nbsp;&nbsp; 2990 | 3021472 |
|  |  | 80823234 |
| **Home Furnishings — 0.4%** | **Home Furnishings — 0.4%** | **Home Furnishings — 0.4%** |
| FXI Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 12.25%, 11/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3838 | 3423578 |
| &nbsp;&nbsp;&nbsp; 12.25%, 11/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5922 | 5300190 |
| &nbsp;&nbsp;&nbsp; Somnigroup International Inc., 4.00%, <br> 04/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6811 | 6470450 |
| Whirlpool Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/26/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5094 | 4976860 |
| &nbsp;&nbsp;&nbsp; 6.13%, 06/15/30 | &nbsp;&nbsp;&nbsp; 5595 | 5576227 |
|  |  | 25747305 |
| **Household Products & Wares — 0.1%** | **Household Products & Wares — 0.1%** | **Household Products & Wares — 0.1%** |
| ACCO Brands Corp., 4.25%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5050 | 4475461 |
| **Housewares — 0.5%** | **Housewares — 0.5%** | **Housewares — 0.5%** |
| &nbsp;&nbsp;&nbsp; CD&R Smokey Buyer Inc./Radio Systems <br> Corp., 9.50%, 10/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6370 | 5294448 |
| Newell Brands Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3961 | 4002155 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5975 | 5803026 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4190 | 4176383 |
| &nbsp;&nbsp;&nbsp; 8.50%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8710 | 9131996 |
| &nbsp;&nbsp;&nbsp; Scotts Miracle-Gro Co. (The), 4.50%, <br> 10/15/29<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3740 | 3589344 |
|  |  | 31997352 |
| **Insurance — 1.8%** | **Insurance — 1.8%** | **Insurance — 1.8%** |
| Acrisure LLC/Acrisure Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5800 | 5534537 |
| &nbsp;&nbsp;&nbsp; 6.00%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4115 | 4004389 |
| &nbsp;&nbsp;&nbsp; 8.25%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7660 | 7924084 |
| &nbsp;&nbsp;&nbsp; 8.50%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4060 | 4237696 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Insurance (continued)** | **Insurance (continued)** | **Insurance (continued)** |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC/Alliant <br> Holdings Co-Issuer<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $6060 | $5931225 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3637 | 3578856 |
| &nbsp;&nbsp;&nbsp; 6.75%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9935 | 9975435 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10445 | 10575563 |
| AmWINS Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6305 | 6117931 |
| &nbsp;&nbsp;&nbsp; 6.38%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6204 | 6318154 |
| &nbsp;&nbsp;&nbsp; APH Somerset Investor 2 LLC/APH2 Somerset <br> Investor 2 LLC/APH3 Somerset Inves, <br> 7.88%, 11/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6120 | 6295868 |
| AssuredPartners Inc., 5.63%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4785 | 4776053 |
| BroadStreet Partners Inc., 5.88%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6020 | 5976164 |
| &nbsp;&nbsp;&nbsp; Constellation Insurance Inc., 6.80%, <br> 01/24/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 1705 | 1681433 |
| HUB International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4480 | 4453416 |
| &nbsp;&nbsp;&nbsp; 7.25%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 24960 | 26014265 |
| &nbsp;&nbsp;&nbsp; Jones Deslauriers Insurance Management Inc., <br> 8.50%, 03/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5130 | 5412150 |
| &nbsp;&nbsp;&nbsp; Nassau Companies of New York (The), 7.88%, <br> 07/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3135 | 3165562 |
| Ryan Specialty LLC, 4.38%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3250 | 3116813 |
|  |  | 125089594 |
| **Internet — 2.0%** | **Internet — 2.0%** | **Internet — 2.0%** |
| Acuris Finance U.S. Inc./Acuris Finance SARL |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2690 | 2589296 |
| &nbsp;&nbsp;&nbsp; 9.00%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4005 | 4089324 |
| ANGI Group LLC, 3.88%, 08/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4422 | 4115272 |
| Arches Buyer Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7617 | 7329480 |
| &nbsp;&nbsp;&nbsp; 6.13%, 12/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4085 | 3849347 |
| Cablevision Lightpath LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 09/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3871 | 3826670 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3355 | 3340449 |
| Cars.com Inc., 6.38%, 11/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3082 | 3070442 |
| &nbsp;&nbsp;&nbsp; Cogent Communications Group Inc./Cogent <br> Communications Finance Inc., 7.00%, <br> 06/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3361 | 3365201 |
| Gen Digital Inc., 6.75%, 09/30/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6900 | 7019853 |
| Getty Images Inc., 11.25%, 02/21/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4250 | 4069375 |
| &nbsp;&nbsp;&nbsp; Go Daddy Operating Co. LLC/GD Finance <br> Co. Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6860 | 6430194 |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5105 | 5085287 |
| GrubHub Holdings Inc., 5.50%, 07/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4455 | 4367892 |
| ION Trading Technologies SARL |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3510 | 3396675 |
| &nbsp;&nbsp;&nbsp; 9.50%, 05/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6245 | 6512668 |
| Match Group Holdings II LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4384 | 4284463 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4035 | 4004217 |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3192 | 3184020 |
| Millennium Escrow Corp., 6.63%, 08/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5679 | 5369039 |
| Newfold Digital Holdings Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5489 | 3308220 |
| &nbsp;&nbsp;&nbsp; 11.75%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4040 | 2920920 |
| Rakuten Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 9.75%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15865 | 17457827 |
| &nbsp;&nbsp;&nbsp; 11.25%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15175 | 16461992 |
| &nbsp;&nbsp;&nbsp; Shutterfly Finance LLC, 8.50%, 10/01/27, <br> (4.25% Cash and 4.25% PIK)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 4937 | 4595885 |
| Wayfair LLC, 7.25%, 10/31/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6927 | 7054818 |
|  |  | 141098826 |
| **Iron & Steel — 1.0%** | **Iron & Steel — 1.0%** | **Iron & Steel — 1.0%** |
| Algoma Steel Inc., 9.13%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2982 | 2706702 |
| ATI Inc., 5.88%, 12/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2805 | 2800914 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Iron & Steel (continued)** | **Iron & Steel (continued)** | **Iron & Steel (continued)** |
| &nbsp;&nbsp;&nbsp; Baffinland Iron Mines Corp./Baffinland Iron <br> Mines LP, 8.75%, 07/15/26<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; $4141 | $3901045 |
| &nbsp;&nbsp;&nbsp; Big River Steel LLC/BRS Finance Corp., 6.63%, <br> 01/31/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4355 | 4355092 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp., 6.38%, <br> 07/15/28<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2842 | 2841112 |
| Cleveland-Cliffs Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2705 | 2542698 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4761 | 4766951 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5945 | 5922706 |
| &nbsp;&nbsp;&nbsp; 6.88%, 11/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7155 | 7158247 |
| &nbsp;&nbsp;&nbsp; Infrabuild Australia Pty. Ltd., 14.50%, <br> 11/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2600 | 2820423 |
| Mineral Resources Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 11/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4647 | 4716101 |
| &nbsp;&nbsp;&nbsp; 8.13%, 05/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5095 | 5112934 |
| &nbsp;&nbsp;&nbsp; 8.50%, 05/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4990 | 5109121 |
| &nbsp;&nbsp;&nbsp; 9.25%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8415 | 8804194 |
| &nbsp;&nbsp;&nbsp; TMS International Corp./DE, 6.25%, <br> 04/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2792 | 2657026 |
| U.S. Steel Corp., 6.88%, 03/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3170 | 3193288 |
|  |  | 69408554 |
| **Leisure Time — 1.0%** | **Leisure Time — 1.0%** | **Leisure Time — 1.0%** |
| Acushnet Co., 7.38%, 10/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2995 | 3119461 |
| Lindblad Expeditions LLC, 6.75%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3037 | 3042252 |
| &nbsp;&nbsp;&nbsp; MajorDrive Holdings IV LLC, 6.38%, <br> 06/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4555 | 3756317 |
| NCL Corp. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8007 | 8021012 |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4510 | 4786717 |
| &nbsp;&nbsp;&nbsp; 8.13%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6430 | 6759777 |
| NCL Finance Ltd., 6.13%, 03/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3990 | 4045675 |
| Sabre GLBL Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.63%, 06/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2060 | 2092754 |
| &nbsp;&nbsp;&nbsp; 10.75%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6318 | 6510699 |
| &nbsp;&nbsp;&nbsp; 11.13%, 07/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9250 | 9761617 |
| Viking Cruises Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 09/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7206 | 7197484 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3565 | 3591938 |
| &nbsp;&nbsp;&nbsp; Viking Ocean Cruises Ship VII Ltd., 5.63%, <br> 02/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3126 | 3115296 |
| VOC Escrow Ltd., 5.00%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5895 | 5842374 |
|  |  | 71643373 |
| **Lodging — 2.8%** | **Lodging — 2.8%** | **Lodging — 2.8%** |
| Boyd Gaming Corp., 4.75%, 12/01/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8549 | 8476761 |
| Full House Resorts Inc., 8.25%, 02/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3970 | 3841784 |
| &nbsp;&nbsp;&nbsp; Genting New York LLC/GENNY Capital Inc., <br> 7.25%, 10/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4888 | 5038893 |
| Hilton Domestic Operating Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6920 | 6592650 |
| &nbsp;&nbsp;&nbsp; 4.88%, 01/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5760 | 5693760 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3640 | 3642543 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4695 | 4768045 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations Borrower <br> Escrow LLC/Hilton Grand Vacations <br> Borrower Esc, 5.00%, 06/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 7295 | 6981903 |
| &nbsp;&nbsp;&nbsp; Hilton Worldwide Finance LLC/Hilton Worldwide <br> Finance Corp., 4.88%, 04/01/27<br>| &nbsp;&nbsp;&nbsp; 4650 | 4645809 |
| &nbsp;&nbsp;&nbsp; Marriott Ownership Resorts Inc., 4.50%, <br> 06/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4380 | 4185056 |
| Melco Resorts Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/26/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3717 | 3706269 |
| &nbsp;&nbsp;&nbsp; 5.38%, 12/04/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9375 | 8932462 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/17/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4606 | 4596704 |
| &nbsp;&nbsp;&nbsp; 5.75%, 07/21/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6680 | 6563617 |
| MGM China Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6141 | 6090132 |
| &nbsp;&nbsp;&nbsp; 5.88%, 05/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5710 | 5711245 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Lodging (continued)** | **Lodging (continued)** | **Lodging (continued)** |
| MGM Resorts International |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 09/01/26 | &nbsp;&nbsp;&nbsp; $2897 | $2886136 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6015 | 5935853 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/27 | &nbsp;&nbsp;&nbsp; 5777 | 5797970 |
| &nbsp;&nbsp;&nbsp; 6.13%, 09/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6852 | 6935223 |
| Station Casinos LLC, 4.50%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5926 | 5792665 |
| Studio City Co. Ltd., 7.00%, 02/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2599 | 2617866 |
| Studio City Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8586 | 8049375 |
| &nbsp;&nbsp;&nbsp; 6.50%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3963 | 3923370 |
| Travel & Leisure Co. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5309 | 5084504 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2765 | 2653196 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/01/27 | &nbsp;&nbsp;&nbsp; 3519 | 3542648 |
| &nbsp;&nbsp;&nbsp; 6.60%, 10/01/25 | &nbsp;&nbsp;&nbsp; 2756 | 2762120 |
| &nbsp;&nbsp;&nbsp; 6.63%, 07/31/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5016 | 5049808 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts Inc., 4.38%, <br> 08/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4419 | 4298997 |
| &nbsp;&nbsp;&nbsp; Wynn Las Vegas LLC/Wynn Las Vegas Capital <br> Corp., 5.25%, 05/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 7602 | 7577293 |
| Wynn Macau Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 12/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7840 | 7541998 |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7600 | 7588773 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6021 | 5999486 |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/26/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 11170 | 11048247 |
|  |  | 194553161 |
| **Machinery — 1.0%** | **Machinery — 1.0%** | **Machinery — 1.0%** |
| ATS Corp., 4.13%, 12/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2727 | 2597468 |
| BWX Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3170 | 3069605 |
| &nbsp;&nbsp;&nbsp; 4.13%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3206 | 3077760 |
| Chart Industries Inc., 7.50%, 01/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8805 | 9223237 |
| Esab Corp., 6.25%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5867 | 5998617 |
| GrafTech Finance Inc., 4.63%, 12/23/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 150 | 107824 |
| &nbsp;&nbsp;&nbsp; GrafTech Global Enterprises Inc., 9.88%, <br> 12/23/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3425 | 3028732 |
| &nbsp;&nbsp;&nbsp; Husky Injection Molding Systems Ltd./Titan <br> Co-Borrower LLC, 9.00%, 02/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8090 | 8339324 |
| &nbsp;&nbsp;&nbsp; Maxim Crane Works Holdings Capital LLC, <br> 11.50%, 09/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4220 | 4481239 |
| &nbsp;&nbsp;&nbsp; Mueller Water Products Inc., 4.00%, <br> 06/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3632 | 3475433 |
| SPX FLOW Inc., 8.75%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3940 | 4080208 |
| Terex Corp., 5.00%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4895 | 4778744 |
| &nbsp;&nbsp;&nbsp; TK Elevator U.S. Newco Inc., 5.25%, <br> 07/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 13314 | 13253931 |
| Vertiv Group Corp., 4.13%, 11/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6970 | 6778749 |
|  |  | 72290871 |
| **Manufacturing — 0.5%** | **Manufacturing — 0.5%** | **Manufacturing — 0.5%** |
| Amsted Industries Inc., 4.63%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2670 | 2555913 |
| Axon Enterprise Inc., 6.13%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7570 | 7748273 |
| Calderys Financing LLC, 11.25%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3785 | 4000821 |
| Hillenbrand Inc., 6.25%, 02/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4137 | 4193884 |
| LSB Industries Inc., 6.25%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4161 | 4088874 |
| Maxam Prill Sarl, 7.75%, 07/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4035 | 3949256 |
| Trinity Industries Inc., 7.75%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5075 | 5283582 |
|  |  | 31820603 |
| **Media — 7.7%** | **Media — 7.7%** | **Media — 7.7%** |
| AMC Networks Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 176 | 140800 |
| &nbsp;&nbsp;&nbsp; 10.25%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7574 | 7773179 |
| CCO Holdings LLC/CCO Holdings Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22510 | 21389902 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20252 | 19870047 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 26146 | 25917222 |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11790 | 11568937 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5470 | 5455231 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Media (continued)** | **Media (continued)** | **Media (continued)** |
| &nbsp;&nbsp;&nbsp; 6.38%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; $12037 | $12142620 |
| CSC Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7730 | 7105513 |
| &nbsp;&nbsp;&nbsp; 5.50%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10550 | 10193937 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13819 | 10953970 |
| &nbsp;&nbsp;&nbsp; 7.50%, 04/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8445 | 6812098 |
| &nbsp;&nbsp;&nbsp; 11.25%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7925 | 7969024 |
| &nbsp;&nbsp;&nbsp; 11.75%, 01/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16660 | 15610558 |
| Directv Financing LLC, 8.88%, 02/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6405 | 6242954 |
| &nbsp;&nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor Inc., 5.88%, 08/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 30605 | 30448302 |
| Discovery Communications LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 05/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7385 | 6527669 |
| &nbsp;&nbsp;&nbsp; 3.95%, 03/20/28 | &nbsp;&nbsp;&nbsp; 10325 | 9937813 |
| &nbsp;&nbsp;&nbsp; 4.13%, 05/15/29 | &nbsp;&nbsp;&nbsp; 5375 | 4998750 |
| DISH DBS Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 20238 | 19023720 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19450 | 17359125 |
| &nbsp;&nbsp;&nbsp; 7.38%, 07/01/28 | &nbsp;&nbsp;&nbsp; 7670 | 5939456 |
| &nbsp;&nbsp;&nbsp; 7.75%, 07/01/26 | &nbsp;&nbsp;&nbsp; 15350 | 13656442 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/01/29 | &nbsp;&nbsp;&nbsp; 11755 | 8728088 |
| DISH Network Corp., 11.75%, 11/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 26185 | 27285032 |
| EW Scripps Co. (The), 9.88%, 08/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2230 | 2219742 |
| Gray Television Inc., 10.50%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10095 | 10915219 |
| iHeartCommunications Inc., 9.13%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6047 | 5063130 |
| &nbsp;&nbsp;&nbsp; LCPR Senior Secured Financing DAC, 6.75%, <br> 10/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 9025 | 6926688 |
| McGraw-Hill Education Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7717 | 7694674 |
| &nbsp;&nbsp;&nbsp; 8.00%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5255 | 5340394 |
| Nexstar Media Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 11/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8501 | 8256171 |
| &nbsp;&nbsp;&nbsp; 5.63%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 14565 | 14535870 |
| &nbsp;&nbsp;&nbsp; Radiate Holdco LLC / Radiate Finance Inc., <br> 9.25%, 03/25/30<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 6038 | 4226775 |
| Scripps Escrow II Inc., 3.88%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4645 | 4122438 |
| Scripps Escrow Inc., 5.88%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3555 | 3557577 |
| &nbsp;&nbsp;&nbsp; Sinclair Television Group Inc., 5.50%, <br> 03/01/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4260 | 3535800 |
| Sirius XM Radio Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 09/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7455 | 7277198 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16752 | 15951234 |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10385 | 9462293 |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12750 | 12590625 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10397 | 10257969 |
| TEGNA Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8582 | 8371913 |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2350 | 2344125 |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9412 | 9047285 |
| &nbsp;&nbsp;&nbsp; Telenet Finance Luxembourg Notes SARL, <br> 5.50%, 03/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 7800 | 7700940 |
| Univision Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8310 | 7692030 |
| &nbsp;&nbsp;&nbsp; 7.38%, 06/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7145 | 7108370 |
| &nbsp;&nbsp;&nbsp; 8.00%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12195 | 12530737 |
| Virgin Media Finance PLC, 5.00%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6985 | 6293136 |
| &nbsp;&nbsp;&nbsp; Virgin Media Secured Finance PLC, 5.50%, <br> 05/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 12035 | 11751139 |
| &nbsp;&nbsp;&nbsp; Virgin Media Vendor Financing Notes IV DAC, <br> 5.00%, 07/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4535 | 4396121 |
| Ziggo Bond Co. BV, 5.13%, 02/28/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4310 | 3759451 |
| Ziggo BV, 4.88%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8410 | 7769171 |
|  |  | 533748604 |
| **Metal Fabricate & Hardware — 0.2%** | **Metal Fabricate & Hardware — 0.2%** | **Metal Fabricate & Hardware — 0.2%** |
| Advanced Drainage Systems Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 09/30/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3067 | 3037940 |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3490 | 3543670 |
| Park-Ohio Industries Inc., 8.50%, 08/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2500 | 2434558 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Metal Fabricate & Hardware (continued)** | **Metal Fabricate & Hardware (continued)** | **Metal Fabricate & Hardware (continued)** |
| &nbsp;&nbsp;&nbsp; Roller Bearing Co of America Inc., 4.38%, <br> 10/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $4105 | $3942070 |
|  |  | 12958238 |
| **Mining — 1.0%** | **Mining — 1.0%** | **Mining — 1.0%** |
| &nbsp;&nbsp;&nbsp; Alcoa Nederland Holding BV, 4.13%, <br> 03/31/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4021 | 3828990 |
| Alumina Pty. Ltd., 6.13%, 03/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4050 | 4105080 |
| Compass Minerals International Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 12/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1199 | 1200092 |
| &nbsp;&nbsp;&nbsp; 8.00%, 07/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4595 | 4761569 |
| Constellium SE, 3.75%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4205 | 3945089 |
| Fortescue Treasury Pty. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5143 | 5071718 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5710 | 5781375 |
| Hecla Mining Co., 7.25%, 02/15/28 | &nbsp;&nbsp;&nbsp; 3455 | 3491130 |
| &nbsp;&nbsp;&nbsp; JW Aluminum Continuous Cast Co., 10.25%, <br> 04/01/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2655 | 2748132 |
| Kaiser Aluminum Corp., 4.63%, 03/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4340 | 4236136 |
| Novelis Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 11/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5654 | 5562122 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12365 | 11846041 |
| &nbsp;&nbsp;&nbsp; 6.88%, 01/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5455 | 5614831 |
| Perenti Finance Pty Ltd., 7.50%, 04/26/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2935 | 3032794 |
| Taseko Mines Ltd., 8.25%, 05/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3655 | 3814906 |
|  |  | 69040005 |
| **Office & Business Equipment — 0.2%** | **Office & Business Equipment — 0.2%** | **Office & Business Equipment — 0.2%** |
| Pitney Bowes Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2861 | 2861000 |
| &nbsp;&nbsp;&nbsp; 7.25%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3155 | 3170065 |
| Xerox Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 08/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2342 | 2339205 |
| &nbsp;&nbsp;&nbsp; 5.50%, 08/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6335 | 4205807 |
| &nbsp;&nbsp;&nbsp; 8.88%, 11/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 100 | 65525 |
|  |  | 12641602 |
| **Office Furnishings — 0.0%** | **Office Furnishings — 0.0%** | **Office Furnishings — 0.0%** |
| Steelcase Inc., 5.13%, 01/18/29 | &nbsp;&nbsp;&nbsp; 3670 | 3628029 |
| **Oil & Gas — 5.3%** | **Oil & Gas — 5.3%** | **Oil & Gas — 5.3%** |
| &nbsp;&nbsp;&nbsp; Aethon United BR LP/Aethon United Finance <br> Corp., 7.50%, 10/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 8637 | 9054882 |
| &nbsp;&nbsp;&nbsp; Ascent Resources Utica Holdings LLC/ARU <br> Finance Corp., 5.88%, 06/30/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3375 | 3362344 |
| Baytex Energy Corp., 8.50%, 04/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6530 | 6639872 |
| &nbsp;&nbsp;&nbsp; California Resources Corp., 8.25%, <br> 06/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 7647 | 7836550 |
| &nbsp;&nbsp;&nbsp; Calumet Specialty Products <br> Partners LP/Calumet Finance Corp., 11.00%, <br> 04/15/26<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1670 | 1659768 |
| CITGO Petroleum Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 06/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4732 | 4723128 |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7635 | 7941058 |
| Civitas Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2810 | 2780186 |
| &nbsp;&nbsp;&nbsp; 8.38%, 07/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11592 | 11930834 |
| CNX Resources Corp., 6.00%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4405 | 4403308 |
| Comstock Resources Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7875 | 7416773 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13160 | 12948639 |
| CVR Energy Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3415 | 3286357 |
| &nbsp;&nbsp;&nbsp; 8.50%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4688 | 4605960 |
| &nbsp;&nbsp;&nbsp; Encino Acquisition Partners Holdings LLC, <br> 8.50%, 05/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5350 | 5464623 |
| Energean PLC, 6.50%, 04/30/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3200 | 3151071 |
| Energian Israel Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 03/30/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4495 | 4440653 |
| &nbsp;&nbsp;&nbsp; 5.38%, 03/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4991 | 4806556 |
| EnQuest PLC, 11.63%, 11/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3530 | 3624145 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Oil & Gas (continued)** | **Oil & Gas (continued)** | **Oil & Gas (continued)** |
| &nbsp;&nbsp;&nbsp; Gulfport Energy Operating Corp., 6.75%, <br> 09/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; $5615 | $5709126 |
| Hilcorp Energy I LP/Hilcorp Finance Co. |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4670 | 4578238 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3880 | 3802400 |
| &nbsp;&nbsp;&nbsp; 6.25%, 11/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4547 | 4556110 |
| &nbsp;&nbsp;&nbsp; Ithaca Energy North Sea PLC, 8.13%, <br> 10/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5708 | 5894337 |
| &nbsp;&nbsp;&nbsp; Kimmeridge Texas Gas LLC, 8.50%, <br> 02/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4210 | 4318664 |
| &nbsp;&nbsp;&nbsp; Kraken Oil & Gas Partners LLC, 7.63%, <br> 08/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4307 | 4215476 |
| Leviathan Bond Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/30/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4287 | 4265482 |
| &nbsp;&nbsp;&nbsp; 6.75%, 06/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3875 | 3832049 |
| Matador Resources Co., 6.88%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4370 | 4443154 |
| MEG Energy Corp., 5.88%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5205 | 5209035 |
| Nabors Industries Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.38%, 05/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5392 | 5444302 |
| &nbsp;&nbsp;&nbsp; 9.13%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5332 | 5278733 |
| Nabors Industries Ltd., 7.50%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3070 | 2833364 |
| Noble Finance II LLC, 8.00%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11335 | 11528242 |
| Northern Oil & Gas Inc., 8.13%, 03/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5405 | 5459050 |
| Parkland Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5710 | 5495047 |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5870 | 5627007 |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4397 | 4400628 |
| PBF Holding Co. LLC/PBF Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 02/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6675 | 6413811 |
| &nbsp;&nbsp;&nbsp; 9.88%, 03/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6730 | 6655140 |
| Permian Resources Operating LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 07/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6210 | 6215285 |
| &nbsp;&nbsp;&nbsp; 8.00%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3951 | 4031916 |
| Precision Drilling Corp., 6.88%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3550 | 3546607 |
| &nbsp;&nbsp;&nbsp; Puma International Financing SA, 7.75%, <br> 04/25/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3735 | 3863993 |
| Range Resources Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4420 | 4296823 |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/15/29 | &nbsp;&nbsp;&nbsp; 4300 | 4411662 |
| Saturn Oil & Gas Inc., 9.63%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5090 | 5051825 |
| &nbsp;&nbsp;&nbsp; Sitio Royalties Operating Partnership LP/Sitio <br> Finance Corp., 7.88%, 11/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5020 | 5236487 |
| SM Energy Co. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3210 | 3228338 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/27 | &nbsp;&nbsp;&nbsp; 3617 | 3613368 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3296 | 3304108 |
| &nbsp;&nbsp;&nbsp; 6.75%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6412 | 6406399 |
| &nbsp;&nbsp;&nbsp; Strathcona Resources Ltd., 6.88%, <br> 08/01/26<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3995 | 3999961 |
| Sunoco LP, 7.00%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6370 | 6602734 |
| Sunoco LP/Sunoco Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/15/29 | &nbsp;&nbsp;&nbsp; 5992 | 5809744 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/30/30 | &nbsp;&nbsp;&nbsp; 5845 | 5608102 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/15/28 | &nbsp;&nbsp;&nbsp; 3110 | 3113283 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/27 | &nbsp;&nbsp;&nbsp; 4680 | 4682429 |
| &nbsp;&nbsp;&nbsp; 7.00%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4350 | 4472767 |
| Talos Production Inc., 9.00%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5379 | 5522240 |
| Teine Energy Ltd., 6.88%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3002 | 2960243 |
| &nbsp;&nbsp;&nbsp; TGNR Intermediate Holdings LLC, 5.50%, <br> 10/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5847 | 5689480 |
| Transocean Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 02/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4757 | 4721323 |
| &nbsp;&nbsp;&nbsp; 8.25%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7540 | 7121224 |
| &nbsp;&nbsp;&nbsp; 8.75%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6976 | 7229229 |
| &nbsp;&nbsp;&nbsp; Transocean Titan Financing Ltd., 8.38%, <br> 02/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3289 | 3370369 |
| Valaris Ltd., 8.38%, 04/30/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8760 | 9053134 |
| Vermilion Energy Inc., 6.88%, 05/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3020 | 2930411 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Oil & Gas (continued)** | **Oil & Gas (continued)** | **Oil & Gas (continued)** |
| Viper Energy Inc., 5.38%, 11/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $3713 | $3710958 |
| W&T Offshore Inc., 10.75%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2727 | 2491450 |
| &nbsp;&nbsp;&nbsp; Wildfire Intermediate Holdings LLC, 7.50%, <br> 10/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5182 | 5166344 |
|  |  | 367498338 |
| **Oil & Gas Services — 0.9%** | **Oil & Gas Services — 0.9%** | **Oil & Gas Services — 0.9%** |
| &nbsp;&nbsp;&nbsp; Archrock Partners LP/Archrock Partners <br> Finance Corp., 6.25%, 04/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6145 | 6151944 |
| Aris Water Holdings LLC, 7.25%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4145 | 4253806 |
| Bristow Group Inc., 6.88%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3188 | 3201798 |
| Enerflex Ltd., 9.00%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4230 | 4350445 |
| Kodiak Gas Services LLC, 7.25%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6470 | 6645268 |
| TGS ASA, 8.50%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4028 | 4119759 |
| Tidewater Inc., 9.13%, 07/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5115 | 5362822 |
| &nbsp;&nbsp;&nbsp; USA Compression Partners LP/USA <br> Compression Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/01/27 | &nbsp;&nbsp;&nbsp; 6631 | 6628692 |
| &nbsp;&nbsp;&nbsp; 7.13%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8525 | 8718136 |
| &nbsp;&nbsp;&nbsp; Weatherford International Ltd., 8.63%, <br> 04/30/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 10880 | 11175874 |
|  |  | 60608544 |
| **Packaging & Containers — 2.6%** | **Packaging & Containers — 2.6%** | **Packaging & Containers — 2.6%** |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance <br> USA LLC/Ardagh Metal Packaging <br> Finance PLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 09/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4965 | 4680803 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7980 | 7256813 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4415 | 4418128 |
| &nbsp;&nbsp;&nbsp; Ardagh Packaging Finance PLC/Ardagh <br> Holdings USA Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9929 | 9804888 |
| &nbsp;&nbsp;&nbsp; 5.25%, 08/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4464 | 2219059 |
| Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/15/29 | &nbsp;&nbsp;&nbsp; 8105 | 8258488 |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/15/28 | &nbsp;&nbsp;&nbsp; 5755 | 5869294 |
| &nbsp;&nbsp;&nbsp; Cascades Inc./Cascades USA Inc., 5.38%, <br> 01/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3960 | 3864366 |
| &nbsp;&nbsp;&nbsp; Cascades Inc/Cascades USA Inc., 6.75%, <br> 07/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2875 | 2869911 |
| Clydesdale Acquisition Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3755 | 3799609 |
| &nbsp;&nbsp;&nbsp; 6.88%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3590 | 3673824 |
| &nbsp;&nbsp;&nbsp; 8.75%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8555 | 8726100 |
| Crown Americas LLC, 5.25%, 04/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4105 | 4150269 |
| &nbsp;&nbsp;&nbsp; Crown Americas LLC/Crown Americas Capital <br> Corp. V, 4.25%, 09/30/26<br>| &nbsp;&nbsp;&nbsp; 3220 | 3187397 |
| Graham Packaging Co. Inc., 7.13%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4470 | 4466469 |
| Graphic Packaging International LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3947 | 3764096 |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2940 | 2763532 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3385 | 3163161 |
| Iris Holdings Inc., 10.00%, 12/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3355 | 3126395 |
| LABL Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3879 | 3407448 |
| &nbsp;&nbsp;&nbsp; 8.25%, 11/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3792 | 3015691 |
| &nbsp;&nbsp;&nbsp; 10.50%, 07/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5476 | 5161130 |
| Mauser Packaging Solutions Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp; 7.88%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 19560 | 19739756 |
| &nbsp;&nbsp;&nbsp; 9.25%, 04/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11378 | 11261148 |
| OI European Group BV, 4.75%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3190 | 3025237 |
| &nbsp;&nbsp;&nbsp; Owens-Brockway Glass Container Inc., 6.63%, <br> 05/13/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5119 | 5124206 |
| Sealed Air Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 12/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3604 | 3499790 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3437 | 3389800 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp./Sealed Air Corp. U.S., 6.13%, <br> 02/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6783 | 6845675 |
| Silgan Holdings Inc., 4.13%, 02/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4655 | 4529969 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Packaging & Containers (continued)** | **Packaging & Containers (continued)** | **Packaging & Containers (continued)** |
| &nbsp;&nbsp;&nbsp; Toucan FinCo Ltd/Toucan FinCo Can <br> Inc/Toucan FinCo U.S. LLC, 9.50%, <br> 05/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; $7990 | $8171979 |
| Trident TPI Holdings Inc., 12.75%, 12/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5275 | 5644553 |
| TriMas Corp., 4.13%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3203 | 3070313 |
| &nbsp;&nbsp;&nbsp; Trivium Packaging Finance BV, 8.25%, <br> 07/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4600 | 4839775 |
|  |  | 180789072 |
| **Pharmaceuticals — 2.5%** | **Pharmaceuticals — 2.5%** | **Pharmaceuticals — 2.5%** |
| 180 Medical Inc., 3.88%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3405 | 3222541 |
| AdaptHealth LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4302 | 4030932 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5055 | 4749827 |
| &nbsp;&nbsp;&nbsp; 6.13%, 08/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3200 | 3184105 |
| Bausch Health Americas Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 01/31/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4993 | 4949311 |
| &nbsp;&nbsp;&nbsp; 9.25%, 04/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4184 | 4199042 |
| Bausch Health Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11075 | 9801375 |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3400 | 2839000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3250 | 2286137 |
| &nbsp;&nbsp;&nbsp; 5.25%, 01/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5825 | 3728000 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6075 | 4337078 |
| &nbsp;&nbsp;&nbsp; 11.00%, 09/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12620 | 12967050 |
| BellRing Brands Inc., 7.00%, 03/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4485 | 4652715 |
| &nbsp;&nbsp;&nbsp; Cheplapharm Arzneimittel GmbH, 5.50%, <br> 01/15/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2112 | 2055071 |
| Elanco Animal Health Inc., 6.65%, 08/28/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6385 | 6606680 |
| Grifols SA, 4.75%, 10/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6085 | 5861630 |
| &nbsp;&nbsp;&nbsp; HLF Financing SARL LLC/Herbalife <br> International Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5098 | 4273704 |
| &nbsp;&nbsp;&nbsp; 12.25%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6140 | 6700275 |
| Jazz Securities DAC, 4.38%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12772 | 12356910 |
| &nbsp;&nbsp;&nbsp; Mallinckrodt International <br> Finance SA/Mallinckrodt CB LLC, 14.75%, <br> 11/14/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 1337 | 1375837 |
| Option Care Health Inc., 4.38%, 10/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4475 | 4262997 |
| &nbsp;&nbsp;&nbsp; Organon & Co./Organon Foreign Debt <br> Co-Issuer BV, 4.13%, 04/30/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 16507 | 15597794 |
| Owens & Minor Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/31/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3782 | 3271385 |
| &nbsp;&nbsp;&nbsp; 6.63%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4435 | 3993451 |
| &nbsp;&nbsp;&nbsp; P&L Development LLC/PLD Finance Corp., <br> 12.00%, 05/15/29, (9.00% Cash and 3.00% <br> PIK)<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 2793 | 2876049 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands <br> III BV<br>|  |  |
| &nbsp;&nbsp;&nbsp; 3.15%, 10/01/26 | &nbsp;&nbsp;&nbsp; 9422 | 9213318 |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/09/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4649 | 4614393 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/09/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8090 | 8090709 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10035 | 10375568 |
| &nbsp;&nbsp;&nbsp; 7.88%, 09/15/29 | &nbsp;&nbsp;&nbsp; 4180 | 4551498 |
| &nbsp;&nbsp;&nbsp; Teva Pharmaceutical Finance Netherlands IV <br> BV, 5.75%, 12/01/30<br>| &nbsp;&nbsp;&nbsp; 1565 | 1585656 |
|  |  | 172610038 |
| **Pipelines — 4.0%** | **Pipelines — 4.0%** | **Pipelines — 4.0%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners LP/Antero <br> Midstream Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6395 | 6336933 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5777 | 5783528 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5730 | 5729761 |
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream LLC/Blue Racer Finance <br> Corp., 7.00%, 07/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4385 | 4549613 |
| Buckeye Partners LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 12/01/26 | &nbsp;&nbsp;&nbsp; 5106 | 5022466 |
| &nbsp;&nbsp;&nbsp; 4.13%, 12/01/27 | &nbsp;&nbsp;&nbsp; 3517 | 3432347 |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4060 | 3972035 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Pipelines (continued)** | **Pipelines (continued)** | **Pipelines (continued)** |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $4320 | $4474423 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4960 | 5112609 |
| &nbsp;&nbsp;&nbsp; CNX Midstream Partners LP, 4.75%, <br> 04/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3505 | 3319360 |
| &nbsp;&nbsp;&nbsp; Delek Logistics Partners LP/Delek Logistics <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.13%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3000 | 3014492 |
| &nbsp;&nbsp;&nbsp; 8.63%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8940 | 9307802 |
| Excelerate Energy LP, 8.00%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5760 | 6022080 |
| &nbsp;&nbsp;&nbsp; FTAI Infra Escrow Holdings LLC, 10.50%, <br> 06/01/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4701 | 4846919 |
| &nbsp;&nbsp;&nbsp; Genesis Energy LP/Genesis Energy <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/01/28 | &nbsp;&nbsp;&nbsp; 5200 | 5249515 |
| &nbsp;&nbsp;&nbsp; 8.25%, 01/15/29 | &nbsp;&nbsp;&nbsp; 5305 | 5533945 |
| &nbsp;&nbsp;&nbsp; 8.88%, 04/15/30 | &nbsp;&nbsp;&nbsp; 4040 | 4274778 |
| &nbsp;&nbsp;&nbsp; Global Partners LP/GLP Finance Corp., 6.88%, <br> 01/15/29<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3095 | 3140285 |
| Harvest Midstream I LP, 7.50%, 09/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5865 | 5934496 |
| Hess Midstream Operations LP |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6375 | 6159844 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4085 | 4065576 |
| &nbsp;&nbsp;&nbsp; 5.88%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5915 | 6010699 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4155 | 4278611 |
| &nbsp;&nbsp;&nbsp; Howard Midstream Energy Partners LLC, <br> 8.88%, 07/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4205 | 4397474 |
| ITT Holdings LLC, 6.50%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9917 | 9446469 |
| Kinetik Holdings LP |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6375 | 6384469 |
| &nbsp;&nbsp;&nbsp; 6.63%, 12/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8660 | 8846258 |
| &nbsp;&nbsp;&nbsp; Martin Midstream Partners LP/Martin Midstream <br> Finance Corp., 11.50%, 02/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3391 | 3590560 |
| &nbsp;&nbsp;&nbsp; NGL Energy Operating LLC/NGL Energy <br> Finance Corp., 8.13%, 02/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 7382 | 7300993 |
| NuStar Logistics LP |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/28/27 | &nbsp;&nbsp;&nbsp; 4895 | 4909685 |
| &nbsp;&nbsp;&nbsp; 6.00%, 06/01/26 | &nbsp;&nbsp;&nbsp; 3909 | 3923661 |
| Prairie Acquiror LP, 9.00%, 08/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3485 | 3608333 |
| Rockies Express Pipeline LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2440 | 2357024 |
| &nbsp;&nbsp;&nbsp; 4.95%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4275 | 4188957 |
| &nbsp;&nbsp;&nbsp; Summit Midstream Holdings LLC, 8.63%, <br> 10/31/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6875 | 6993021 |
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners LP/Tallgrass Energy <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6472 | 6419770 |
| &nbsp;&nbsp;&nbsp; 6.00%, 03/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3681 | 3672629 |
| &nbsp;&nbsp;&nbsp; 7.38%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6640 | 6812692 |
| &nbsp;&nbsp;&nbsp; TransMontaigne Partners LLC, 8.50%, <br> 06/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3940 | 4117352 |
| Venture Global Calcasieu Pass LLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7800 | 8007224 |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9805 | 9251241 |
| Venture Global LNG Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12110 | 12292328 |
| &nbsp;&nbsp;&nbsp; 8.13%, 06/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17150 | 17758311 |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 23765 | 25903850 |
|  |  | 275754418 |
| **Real Estate — 0.9%** | **Real Estate — 0.9%** | **Real Estate — 0.9%** |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC / Realogy <br> Co-Issuer Corp., 9.75%, 04/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3925 | 4079056 |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC/Anywhere <br> Co-Issuer Corp., 7.00%, 04/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4915 | 4706113 |
| &nbsp;&nbsp;&nbsp; Anywhere Real Estate Group LLC/Realogy <br> Co-Issuer Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3525 | 2927336 |
| &nbsp;&nbsp;&nbsp; 5.75%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4668 | 4142267 |
| CoreLogic Inc., 4.50%, 05/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6475 | 6106281 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Real Estate (continued)** | **Real Estate (continued)** | **Real Estate (continued)** |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC, <br> 6.75%, 05/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; $4405 | $4437465 |
| &nbsp;&nbsp;&nbsp; Five Point Operating Co. LP/Five Point Capital <br> Corp., 11.00%, 01/15/28<sup>(a)(g)</sup><br>| &nbsp;&nbsp;&nbsp; 4108 | 4154349 |
| Howard Hughes Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 02/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5565 | 5307082 |
| &nbsp;&nbsp;&nbsp; 5.38%, 08/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5875 | 5841304 |
| Hunt Companies Inc., 5.25%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5195 | 5092430 |
| Kennedy-Wilson Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/01/29 | &nbsp;&nbsp;&nbsp; 4725 | 4439536 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4590 | 4227252 |
| Newmark Group Inc., 7.50%, 01/12/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3770 | 4003565 |
|  |  | 59464036 |
| **Real Estate Investment Trusts — 4.4%** | **Real Estate Investment Trusts — 4.4%** | **Real Estate Investment Trusts — 4.4%** |
| &nbsp;&nbsp;&nbsp; Apollo Commercial Real Estate Finance Inc., <br> 4.63%, 06/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4010 | 3808534 |
| Arbor Realty SR Inc., 7.88%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4015 | 4105337 |
| &nbsp;&nbsp;&nbsp; Blackstone Mortgage Trust Inc., 7.75%, <br> 12/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3617 | 3824328 |
| Brandywine Operating Partnership LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 11/15/27 | &nbsp;&nbsp;&nbsp; 3840 | 3705938 |
| &nbsp;&nbsp;&nbsp; 8.30%, 03/15/28 | &nbsp;&nbsp;&nbsp; 3055 | 3253406 |
| &nbsp;&nbsp;&nbsp; 8.88%, 04/12/29 | &nbsp;&nbsp;&nbsp; 4002 | 4288943 |
| &nbsp;&nbsp;&nbsp; Brookfield Property REIT Inc./BPR <br> Cumulus LLC/BPR Nimbus LLC/GGSI <br> Sellco LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5974 | 5803244 |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/15/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5233 | 5223057 |
| Diversified Healthcare Trust, 4.75%, 02/15/28 | &nbsp;&nbsp;&nbsp; 4410 | 4081793 |
| Global Net Lease Inc., 4.50%, 09/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4390 | 4214400 |
| &nbsp;&nbsp;&nbsp; Global Net Lease Inc./Global Net Lease <br> Operating Partnership LP, 3.75%, <br> 12/15/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 4405 | 4206775 |
| Hudson Pacific Properties LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 01/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3165 | 2527096 |
| &nbsp;&nbsp;&nbsp; 3.95%, 11/01/27 | &nbsp;&nbsp;&nbsp; 3465 | 3265762 |
| &nbsp;&nbsp;&nbsp; 4.65%, 04/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4082 | 3561953 |
| &nbsp;&nbsp;&nbsp; 5.95%, 02/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3010 | 2878886 |
| Iron Mountain Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8500 | 8436250 |
| &nbsp;&nbsp;&nbsp; 4.88%, 09/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8156 | 7970780 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4525 | 4473886 |
| &nbsp;&nbsp;&nbsp; 5.25%, 03/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7052 | 7024013 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5245 | 5154419 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8302 | 8527088 |
| &nbsp;&nbsp;&nbsp; Ladder Capital Finance Holdings LLLP/Ladder <br> Capital Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5285 | 5188602 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5135 | 4988964 |
| &nbsp;&nbsp;&nbsp; MPT Operating Partnership LP/MPT <br> Finance Corp.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 08/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7275 | 5529000 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11756 | 10786130 |
| Office Properties Income Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 03/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3398 | 2794747 |
| &nbsp;&nbsp;&nbsp; 9.00%, 09/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4466 | 3316005 |
| &nbsp;&nbsp;&nbsp; Park Intermediate Holdings LLC/PK Domestic <br> Property LLC/PK Finance Co-Issuer<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6113 | 5885514 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6345 | 6326473 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4745 | 4847314 |
| &nbsp;&nbsp;&nbsp; Pebblebrook Hotel LP/PEB Finance Corp., <br> 6.38%, 10/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3240 | 3238240 |
| RHP Hotel Properties LP/RHP Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4935 | 4783541 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5670 | 5617295 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3548 | 3658112 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Real Estate Investment Trusts (continued)** | **Real Estate Investment Trusts (continued)** | **Real Estate Investment Trusts (continued)** |
| Rithm Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $6383 | $6511470 |
| &nbsp;&nbsp;&nbsp; 8.00%, 07/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3855 | 3906464 |
| RLJ Lodging Trust LP |  |  |
| &nbsp;&nbsp;&nbsp; 3.75%, 07/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3996 | 3940655 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4167 | 3890353 |
| SBA Communications Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 02/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12680 | 11824757 |
| &nbsp;&nbsp;&nbsp; 3.88%, 02/15/27 | &nbsp;&nbsp;&nbsp; 12721 | 12492136 |
| Service Properties Trust |  |  |
| &nbsp;&nbsp;&nbsp; 3.95%, 01/15/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2965 | 2755671 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/15/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3210 | 2719512 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/01/26 | &nbsp;&nbsp;&nbsp; 3675 | 3613984 |
| &nbsp;&nbsp;&nbsp; 4.95%, 02/15/27<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3506 | 3420534 |
| &nbsp;&nbsp;&nbsp; 4.95%, 10/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3395 | 2985563 |
| &nbsp;&nbsp;&nbsp; 5.25%, 02/15/26 | &nbsp;&nbsp;&nbsp; 2634 | 2613445 |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/27 | &nbsp;&nbsp;&nbsp; 3506 | 3462175 |
| &nbsp;&nbsp;&nbsp; 8.38%, 06/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5470 | 5661450 |
| Starwood Property Trust Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 07/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2860 | 2805224 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4346 | 4272161 |
| &nbsp;&nbsp;&nbsp; 6.00%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3215 | 3246475 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3365 | 3463510 |
| &nbsp;&nbsp;&nbsp; 7.25%, 04/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5120 | 5353981 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Fiber Holdings Inc./CSL <br> Capital LLC, 6.00%, 01/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5855 | 5538287 |
| &nbsp;&nbsp;&nbsp; Uniti Group LP/Uniti Group Finance 2019 <br> Inc./CSL Capital LLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5155 | 5007352 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9391 | 9132747 |
| &nbsp;&nbsp;&nbsp; 10.50%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17023 | 18001822 |
| Vornado Realty LP, 2.15%, 06/01/26 | &nbsp;&nbsp;&nbsp; 3160 | 3073206 |
| XHR LP |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3857 | 3724684 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3070 | 3120440 |
|  |  | 303833883 |
| **Retail — 5.0%** | **Retail — 5.0%** | **Retail — 5.0%** |
| 1011778 BC ULC/New Red Finance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6520 | 6178399 |
| &nbsp;&nbsp;&nbsp; 3.88%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12287 | 11825132 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5905 | 5776909 |
| &nbsp;&nbsp;&nbsp; 5.63%, 09/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3854 | 3881347 |
| &nbsp;&nbsp;&nbsp; 6.13%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9205 | 9429602 |
| Academy Ltd., 6.00%, 11/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2950 | 2948788 |
| Advance Auto Parts Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 10/01/27 | &nbsp;&nbsp;&nbsp; 3015 | 2776707 |
| &nbsp;&nbsp;&nbsp; 3.90%, 04/15/30 | &nbsp;&nbsp;&nbsp; 2990 | 2705950 |
| &nbsp;&nbsp;&nbsp; 7.00%, 08/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2280 | 2292221 |
| Arko Corp., 5.13%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3970 | 3251344 |
| Asbury Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3506 | 3448466 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6402 | 6151424 |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/01/30 | &nbsp;&nbsp;&nbsp; 3020 | 2901156 |
| Bath & Body Works Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 02/01/28<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3942 | 3950416 |
| &nbsp;&nbsp;&nbsp; 7.50%, 06/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3547 | 3632916 |
| &nbsp;&nbsp;&nbsp; BCPE Ulysses Intermediate Inc., 7.75%, <br> 04/01/27, (7.75% PIK)<sup>(a)(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 3320 | 3320000 |
| Brinker International Inc., 8.25%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2350 | 2493938 |
| Carvana Co. |  |  |
| &nbsp;&nbsp;&nbsp; 9.00%, 12/01/28, (9.00% PIK)<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 4209 | 4311321 |
| &nbsp;&nbsp;&nbsp; 9.00%, 06/01/30, (13.00% PIK)<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 6300 | 6582240 |
| CEC Entertainment LLC, 6.75%, 05/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4981 | 4951352 |
| eG Global Finance PLC, 12.00%, 11/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7975 | 8822344 |
| &nbsp;&nbsp;&nbsp; Evergreen Acqco 1 LP/TVI Inc., 9.75%, <br> 04/26/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 3357 | 3496279 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Retail (continued)** | **Retail (continued)** | **Retail (continued)** |
| Ferrellgas LP/Ferrellgas Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/01/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $5086 | $5037333 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7005 | 6462112 |
| &nbsp;&nbsp;&nbsp; Fertitta Entertainment LLC/Fertitta <br> Entertainment Finance Co. Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7170 | 6819459 |
| &nbsp;&nbsp;&nbsp; 6.75%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10025 | 9406180 |
| FirstCash Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 09/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4410 | 4308776 |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3705 | 3669988 |
| Foot Locker Inc., 4.00%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3222 | 3031741 |
| &nbsp;&nbsp;&nbsp; Foundation Building Materials Inc., 6.00%, <br> 03/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3252 | 3039644 |
| Gap Inc. (The), 3.63%, 10/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6382 | 5888366 |
| Global Auto Holdings Ltd./AAG FH U.K. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 8.38%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4220 | 3932131 |
| &nbsp;&nbsp;&nbsp; 11.50%, 08/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4410 | 4393898 |
| Group 1 Automotive Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6047 | 5829671 |
| &nbsp;&nbsp;&nbsp; 6.38%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3930 | 4012249 |
| Guitar Center Inc., 8.50%, 01/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4879 | 3961748 |
| GYP Holdings III Corp., 4.63%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2600 | 2626277 |
| Ken Garff Automotive LLC, 4.88%, 09/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3535 | 3439667 |
| &nbsp;&nbsp;&nbsp; KFC Holding Co./Pizza Hut Holdings LLC/Taco <br> Bell of America LLC, 4.75%, 06/01/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 5047 | 5020074 |
| Kohl's Corp., 10.00%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3515 | 3653491 |
| LBM Acquisition LLC, 6.25%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6790 | 5958225 |
| &nbsp;&nbsp;&nbsp; LCM Investments Holdings II LLC, 4.88%, <br> 05/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 8205 | 7963776 |
| Lithia Motors Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 06/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6855 | 6475344 |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3220 | 3171324 |
| &nbsp;&nbsp;&nbsp; Macy's Retail Holdings LLC, 5.88%, <br> 03/15/30<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 1198 | 1183078 |
| Murphy Oil USA Inc., 4.75%, 09/15/29 | &nbsp;&nbsp;&nbsp; 4342 | 4240829 |
| Nordstrom Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/15/27 | &nbsp;&nbsp;&nbsp; 3033 | 2968458 |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/01/30<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4350 | 3966015 |
| &nbsp;&nbsp;&nbsp; Papa John's International Inc., 3.88%, <br> 09/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 2985 | 2860018 |
| Park River Holdings Inc., 5.63%, 02/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3145 | 2684651 |
| Patrick Industries Inc., 4.75%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2754 | 2665502 |
| Penske Automotive Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 09/01/25 | &nbsp;&nbsp;&nbsp; 4319 | 4308427 |
| &nbsp;&nbsp;&nbsp; 3.75%, 06/15/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4377 | 4141253 |
| PetSmart Inc./PetSmart Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10015 | 9805311 |
| &nbsp;&nbsp;&nbsp; 7.75%, 02/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 9780 | 9567495 |
| &nbsp;&nbsp;&nbsp; Raising Cane's Restaurants LLC, 9.38%, <br> 05/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3400 | 3591250 |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC, 11.00%, <br> 12/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 13651 | 3071475 |
| SGUS LLC., 11.00%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3919 | 3662568 |
| Sonic Automotive Inc., 4.63%, 11/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5687 | 5473053 |
| &nbsp;&nbsp;&nbsp; Specialty Building Products Holdings LLC/SBP <br> Finance Corp., 7.75%, 10/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4150 | 4056916 |
| Staples Inc., 10.75%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 18535 | 17376562 |
| &nbsp;&nbsp;&nbsp; Suburban Propane Partners LP/Suburban <br> Energy Finance Corp., 5.88%, 03/01/27<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3041 | 3031321 |
| &nbsp;&nbsp;&nbsp; Superior Plus LP/Superior General Partner Inc., <br> 4.50%, 03/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5095 | 4856999 |
| Victoria's Secret & Co., 4.63%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5207 | 4847698 |
| &nbsp;&nbsp;&nbsp; Victra Holdings LLC/Victra Finance Corp., <br> 8.75%, 09/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3950 | 4140889 |
| &nbsp;&nbsp;&nbsp; Vivo Energy Investments BV, 5.13%, <br> 09/24/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 2440 | 2408960 |
| Walgreens Boots Alliance Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.20%, 04/15/30 | &nbsp;&nbsp;&nbsp; 2550 | 2479875 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Retail (continued)** | **Retail (continued)** | **Retail (continued)** |
| &nbsp;&nbsp;&nbsp; 3.45%, 06/01/26 | &nbsp;&nbsp;&nbsp; $10535 | $10438684 |
| &nbsp;&nbsp;&nbsp; 8.13%, 08/15/29 | &nbsp;&nbsp;&nbsp; 6435 | 6909581 |
| White Cap Buyer LLC, 6.88%, 10/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5486 | 5459370 |
| Yum! Brands Inc., 4.75%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6865 | 6765273 |
|  |  | 350191236 |
| **Semiconductors — 0.6%** | **Semiconductors — 0.6%** | **Semiconductors — 0.6%** |
| Amkor Technology Inc., 6.63%, 09/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2799 | 2802936 |
| ams-OSRAM AG, 12.25%, 03/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3019 | 3255658 |
| Entegris Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 05/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3052 | 2865142 |
| &nbsp;&nbsp;&nbsp; 4.38%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3522 | 3430707 |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 12707 | 12446761 |
| &nbsp;&nbsp;&nbsp; 5.95%, 06/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6270 | 6327370 |
| Kioxia Holdings Corp., 6.25%, 07/24/30 | &nbsp;&nbsp;&nbsp; 550 | 547938 |
| ON Semiconductor Corp., 3.88%, 09/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6047 | 5836874 |
| Synaptics Inc., 4.00%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3142 | 2964615 |
|  |  | 40478001 |
| **Software — 3.3%** | **Software — 3.3%** | **Software — 3.3%** |
| AthenaHealth Group Inc., 6.50%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 19355 | 19006997 |
| Camelot Finance SA, 4.50%, 11/01/26<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1531 | 1513266 |
| Capstone Borrower Inc., 8.00%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4725 | 4914790 |
| CDK Global II LLC, 4.88%, 06/01/27 | &nbsp;&nbsp;&nbsp; 15 | 13946 |
| &nbsp;&nbsp;&nbsp; Central Parent Inc./CDK Global Inc., 7.25%, <br> 06/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6157 | 5071644 |
| &nbsp;&nbsp;&nbsp; Central Parent LLC/CDK Global II LLC/CDK <br> Financing Co. Inc., 8.00%, 06/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 6177 | 5175863 |
| Cloud Software Group Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 31418 | 31771453 |
| &nbsp;&nbsp;&nbsp; 9.00%, 09/30/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 30580 | 31650300 |
| CoreWeave Inc., 9.25%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15755 | 15833775 |
| &nbsp;&nbsp;&nbsp; Dun & Bradstreet Corp. (The), 5.00%, <br> 12/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 3082 | 3153748 |
| Dye & Durham Ltd., 8.63%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5035 | 5244645 |
| Elastic NV, 4.13%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4892 | 4650493 |
| Ellucian Holdings Inc., 6.50%, 12/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5757 | 5835871 |
| Fair Isaac Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7746 | 7481564 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3063 | 3057226 |
| &nbsp;&nbsp;&nbsp; Helios Software Holdings Inc./ION Corporate <br> Solutions Finance SARL<br>|  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2630 | 2482797 |
| &nbsp;&nbsp;&nbsp; 8.75%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5445 | 5558422 |
| Open Text Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7805 | 7516449 |
| &nbsp;&nbsp;&nbsp; 3.88%, 12/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6885 | 6447535 |
| Open Text Holdings Inc., 4.13%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7275 | 6821907 |
| &nbsp;&nbsp;&nbsp; Pagaya U.S. Holdings Co. LLC, 8.88%, <br> 08/01/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; 905 | 899092 |
| Playtika Holding Corp., 4.25%, 03/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5275 | 4837342 |
| PTC Inc., 4.00%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4280 | 4168934 |
| ROBLOX Corp., 3.88%, 05/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8375 | 7874281 |
| Rocket Software Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5065 | 4928296 |
| &nbsp;&nbsp;&nbsp; 9.00%, 11/28/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6360 | 6567250 |
| SS&C Technologies Inc., 5.50%, 09/30/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 15573 | 15576582 |
| Twilio Inc., 3.63%, 03/15/29 | &nbsp;&nbsp;&nbsp; 4395 | 4163627 |
| &nbsp;&nbsp;&nbsp; West Technology Group LLC, 8.50%, <br> 04/10/27<sup>(a)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 3383 | 945819 |
| &nbsp;&nbsp;&nbsp; ZoomInfo Technologies LLC/ZoomInfo Finance <br> Corp., 3.88%, 02/01/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5480 | 5147693 |
|  |  | 228311607 |
| **Telecommunications — 3.9%** | **Telecommunications — 3.9%** | **Telecommunications — 3.9%** |
| Altice Financing SA |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9848 | 7844703 |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16845 | 12886425 |
| &nbsp;&nbsp;&nbsp; 9.63%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3070 | 2815190 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Telecommunications (continued)** | **Telecommunications (continued)** | **Telecommunications (continued)** |
| Altice France SA |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $3775 | $3262544 |
| &nbsp;&nbsp;&nbsp; 5.13%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 17469 | 15159392 |
| &nbsp;&nbsp;&nbsp; 5.50%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8935 | 7940981 |
| &nbsp;&nbsp;&nbsp; 5.50%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12612 | 10953638 |
| &nbsp;&nbsp;&nbsp; 8.13%, 02/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14029 | 13038690 |
| Ciena Corp., 4.00%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3357 | 3181597 |
| CommScope LLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 09/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 8203 | 7978816 |
| &nbsp;&nbsp;&nbsp; 7.13%, 07/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5480 | 5420858 |
| &nbsp;&nbsp;&nbsp; 8.25%, 03/01/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7810 | 7823934 |
| &nbsp;&nbsp;&nbsp; CommScope Technologies LLC, 5.00%, <br> 03/15/27<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6325 | 6197892 |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect U.S. Finco LLC, <br> 9.00%, 09/15/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 16510 | 16670140 |
| Consolidated Communications Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3115 | 3145060 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5328 | 5411916 |
| EchoStar Corp., 10.75%, 11/30/29 | &nbsp;&nbsp;&nbsp; 10785 | 11364694 |
| Frontier Communications Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11960 | 11945050 |
| &nbsp;&nbsp;&nbsp; 5.88%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9855 | 9860443 |
| &nbsp;&nbsp;&nbsp; 5.88%, 11/01/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3865 | 3902857 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2310 | 2335987 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8175 | 8250128 |
| GCI LLC, 4.75%, 10/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5320 | 5135130 |
| Hughes Satellite Systems Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 08/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5570 | 5129363 |
| &nbsp;&nbsp;&nbsp; 6.63%, 08/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5125 | 3895000 |
| Iliad Holding SASU, 7.00%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6178 | 6272868 |
| Level 3 Financing Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 01/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3110 | 2647934 |
| &nbsp;&nbsp;&nbsp; 3.75%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3535 | 2963426 |
| &nbsp;&nbsp;&nbsp; 4.25%, 07/01/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 850 | 774973 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/01/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5820 | 5238000 |
| &nbsp;&nbsp;&nbsp; 4.88%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 4685 | 4400093 |
| &nbsp;&nbsp;&nbsp; 11.00%, 11/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11162 | 12664960 |
| Lumen Technologies Inc., 4.13%, 04/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1290 | 1256976 |
| Sunrise HoldCo IV BV, 5.50%, 01/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 3535 | 3513574 |
| Viasat Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5356 | 5338593 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3655 | 3462199 |
| Viavi Solutions Inc., 3.75%, 10/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3535 | 3273909 |
| Zayo Group Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11668 | 11103345 |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8336 | 7518355 |
| Zegona Finance PLC, 8.63%, 07/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7255 | 7721282 |
|  |  | 269700915 |
| **Transportation — 0.4%** | **Transportation — 0.4%** | **Transportation — 0.4%** |
| Beacon Mobility Corp., 7.25%, 08/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2560 | 2608040 |
| Brightline East LLC, 11.00%, 01/31/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 10695 | 6951750 |
| &nbsp;&nbsp;&nbsp; First Student Bidco Inc./First Transit Parent Inc., <br> 4.00%, 07/31/29<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 6511 | 6147556 |
| Rand Parent LLC, 8.50%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7000 | 7039900 |
| RXO Inc., 7.50%, 11/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2759 | 2815157 |
| Star Leasing Co. LLC, 7.63%, 02/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 5720 | 5642447 |
|  |  | 31204850 |
| **Trucking & Leasing — 0.1%** | **Trucking & Leasing — 0.1%** | **Trucking & Leasing — 0.1%** |
| &nbsp;&nbsp;&nbsp; FTAI Aviation Investors LLC, 5.50%, <br> 05/01/28<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; 8467 | 8473170 |
| **Total Corporate Bonds & Notes — 98.1%** <br>**(Cost: $6,738,169,608)** | **Total Corporate Bonds & Notes — 98.1%** <br>**(Cost: $6,738,169,608)** | 6804330230 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Floating Rate Loan Interests** | **Floating Rate Loan Interests** | **Floating Rate Loan Interests** |
| **Media — 0.1%** | **Media — 0.1%** | **Media — 0.1%** |
| &nbsp;&nbsp;&nbsp; Radiate Holdco, LLC, 2025 FLFO Term Loan, <br> (1-mo. CME Term SOFR at 0.00% Floor + <br> 3.50%, 1.50% PIK), 9.47%, 09/25/29<sup>(d)(h)</sup><br>| &nbsp;&nbsp;&nbsp; $7635 | $6606464 |
| **Total Floating Rate Loan Interests — 0.1%** <br>**(Cost: $6,700,491)** | **Total Floating Rate Loan Interests — 0.1%** <br>**(Cost: $6,700,491)** | 6606464 |
|  | &nbsp;&nbsp; *Shares* |  |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** |
| Incora Top Holdco LLC, NVS<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 136472 | 3293069 |
| **Health Care Technology — 0.0%** | **Health Care Technology — 0.0%** | **Health Care Technology — 0.0%** |
| Quincy Health LLC<sup>(c)(f)</sup> | &nbsp;&nbsp;&nbsp; 25958 |  |
| **Office REITs — 0.0%** | **Office REITs — 0.0%** | **Office REITs — 0.0%** |
| Office Properties Income Trust, NVS | &nbsp;&nbsp;&nbsp; 16557 | 3974 |
| **Total Common Stocks — 0.0%** <br>**(Cost $16,041,089)** | **Total Common Stocks — 0.0%** <br>**(Cost $16,041,089)** | 3297043 |
| **Preferred Stocks** | **Preferred Stocks** | **Preferred Stocks** |
| **Software — 0.0%** | **Software — 0.0%** | **Software — 0.0%** |
| &nbsp;&nbsp;&nbsp; Veritas Kapital Assurance PLC, Series G-1, <br> Preference Shares, NVS<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp; 22415 | 504338 |
| &nbsp;&nbsp;&nbsp; Veritas Kapital Assurance PLC, Series G, <br> Preference Shares, NVS<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp; 32444 | 729990 |
|  |  | 1234328 |
| **Total Preferred Stocks — 0.0%** <br>**(Cost $1,094,340)** | **Total Preferred Stocks — 0.0%** <br>**(Cost $1,094,340)** | 1234328 |
| **Total Long-Term Investments — 98.2%** <br>**(Cost: $6,762,005,528)** | **Total Long-Term Investments — 98.2%** <br>**(Cost: $6,762,005,528)** | 6815468065 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 18.2%** | **Money Market Funds — 18.2%** | **Money Market Funds — 18.2%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.44%<sup>(i)(j)(k)</sup><br>| &nbsp;&nbsp;&nbsp; 1216869337 | 1217356085 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares, 4.30%<sup>(i)(j)</sup><br>| &nbsp;&nbsp;&nbsp; 46010000 | 46010000 |
| **Total Short-Term Securities — 18.2%** <br>**(Cost: $1,262,953,793)** | **Total Short-Term Securities — 18.2%** <br>**(Cost: $1,262,953,793)** | 1263366085 |
| **Total Investments — 116.4%** <br>**(Cost: $8,024,959,321)** | **Total Investments — 116.4%** <br>**(Cost: $8,024,959,321)** | 8078834150 |
| **Liabilities in Excess of Other Assets — (16.4)%** | **Liabilities in Excess of Other Assets — (16.4)%** | (1141070637)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $6937763513 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

<sup>(d)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates. 

<sup>(e)</sup> Issuer filed for bankruptcy and/or is in default.

<sup>(f)</sup> Non-income producing security.

<sup>(g)</sup> Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. 

<sup>(h)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. 

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® 0-5 Year High Yield Corporate Bond ETF**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(i)</sup> Affiliate of the Fund. <br> <sup>(j)</sup> Annualized 7-day yield as of period end.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(k)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*10/31/24*<br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*07/31/25*<br>| *Shares* <br>*Held at* <br>*07/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institu-<br> tional, SL Agency Shares<br>| $997764167<br> $219900885 <br><sup>(a)</sup><br>| $— | $(47142)<br>| $(261825)<br>| $1217356085 | 1216869337 | $4398984 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, <br> SL Agency Shares<br>| &nbsp;&nbsp;&nbsp; 31390000<br> 14620000 <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 46010000 | 46010000 | &nbsp;&nbsp; 1401704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  | $(47142) | $(261825) | $1263366085 |  | $5800688 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds & Notes | &nbsp;&nbsp; $— | &nbsp;&nbsp; $6800750072 | &nbsp;&nbsp; $3580158 | &nbsp;&nbsp; $6804330230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Floating Rate Loan Interests | &nbsp;&nbsp; — | &nbsp;&nbsp; 6606464 | &nbsp;&nbsp; — | &nbsp;&nbsp; 6606464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 3974 | &nbsp;&nbsp; 3293069 | &nbsp;&nbsp; 3297043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1234328 | &nbsp;&nbsp; 1234328 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 1263366085 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1263366085 |
|  | &nbsp;&nbsp; $1263366085 | &nbsp;&nbsp; $6807360510 | &nbsp;&nbsp; $8107555 | &nbsp;&nbsp; $8078834150 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| NVS | Non-Voting Shares |
| PIK | Payment-in-kind |
| RB | Revenue Bonds |
| REIT | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares 0-5 Year High Yield Corporate Bond ETF

- **b. EDGAR series identifier (if any):** S000042353

- **c. LEI of Series:** 549300R96U5WQ7R5ID10

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

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

- **b. Date as of which information is reported:** 2025-07-31

**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:** $9341288103.64

**Total Liabilities:** $2437861096.67

**Net Assets:** $6903427006.97

**Delayed Delivery Securities:** $8274050.70

**Cash Not Reported:** $4125787.05

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 6.84000000 | **1-Year:** 928.84000000 | **5-Year:** 5532.63000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 13311.64000000 | **1-Year:** 276835.38000000 | **5-Year:** 1180639.83000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131291 | 1.56%                | 1.64%                | 0.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5508155.91             | $62496112.93                               |
| Month 2  | $-14133953.31            | $81021929.14                               |
| Month 3  | $1384905.95              | $-8261432.20                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    4990000 | PA      | $4744074.84    | 0.07%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALGOMA STEEL INC                               | Algoma Steel Inc                                                                 | CUSIP: 01566MAD7<br>LEI: 5493006RXIB5GVHWJS53 | Long             | DBT              | CORP              | CA        |    2982000 | PA      | $2706701.76    | 0.04%             | 2029-04-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAM0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    2756000 | PA      | $2762120.52    | 0.04%             | 2025-10-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4380000 | PA      | $4155525.00    | 0.06%             | 2030-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| HERENS HOLDCO SARL                             | Herens Holdco Sarl                                                               | CUSIP: 427169AA5<br>LEI: 2221002FZ55AMAUX4G64 | Long             | DBT              | CORP              | LU        |    3105000 | PA      | $2708779.02    | 0.04%             | 2028-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4959000 | PA      | $4965327.68    | 0.07%             | 2027-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAH1<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    8524000 | PA      | $8321210.63    | 0.12%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| HILTON GRAND VAC LLC/INC                       | Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc        | CUSIP: 43284MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7190000 | PA      | $6881409.51    | 0.10%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                  | PRA Group Inc                                                                    | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    4147000 | PA      | $4303219.15    | 0.06%             | 2030-01-31      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| GCI LLC                                        | GCI LLC                                                                          | CUSIP: 36166TAB6<br>LEI: 549300N3IE9H88Q20221 | Long             | DBT              | CORP              | US        |    5320000 | PA      | $5135130.00    | 0.07%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |    4547000 | PA      | $4556110.37    | 0.07%             | 2028-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ASHTON WOODS USA/FINANCE                       | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AM7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2667000 | PA      | $2532623.47    | 0.04%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBB0<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    5070000 | PA      | $5301695.96    | 0.08%             | 2029-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| VIKING OCEAN CRUISES SHI                       | Viking Ocean Cruises Ship VII Ltd                                                | CUSIP: 92682RAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    3006000 | PA      | $2995706.85    | 0.04%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| STATION CASINOS LLC                            | Station Casinos LLC                                                              | CUSIP: 857691AG4<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |    5926000 | PA      | $5792665.00    | 0.08%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC                           | Neptune Bidco US Inc                                                             | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   20556000 | PA      | $19889985.60   | 0.29%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    3625000 | PA      | $3627532.06    | 0.05%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    9929000 | PA      | $9804887.50    | 0.14%             | 2026-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ACURIS FIN US/ACURIS FIN                       | Acuris Finance US Inc / Acuris Finance SARL                                      | CUSIP: 00511BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2655000 | PA      | $2555606.09    | 0.04%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                       | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6503000 | PA      | $6261422.00    | 0.09%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ARMOR HOLDCO INC                               | Armor Holdco Inc                                                                 | CUSIP: 04625PAA9<br>LEI: 254900X6HLK0YPTHHF09 | Long             | DBT              | CORP              | US        |    2870000 | PA      | $2760848.45    | 0.04%             | 2029-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ION TRADING TECHNOLOGIES                       | ION Trading Technologies Sarl                                                    | CUSIP: 46205YAB7<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |    6245000 | PA      | $6512668.19    | 0.09%             | 2029-05-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4547000 | PA      | $4326989.31    | 0.06%             | 2029-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| PROVIDENT FDG/PFG FIN                          | Provident Funding Associates LP / PFG Finance Corp                               | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4350000 | PA      | $4550785.13    | 0.07%             | 2029-09-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| CROWN AMER/CAP CORP V                          | Crown Americas LLC / Crown Americas Capital Corp V                               | CUSIP: 22819KAB6<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    3220000 | PA      | $3187396.53    | 0.05%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CH2<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    5940000 | PA      | $5861840.29    | 0.08%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ION TRADING TECHNOLOGIES                       | ION Trading Technologies Sarl                                                    | CUSIP: 46205YAA9<br>LEI: 5493009ZVXOKZLQ6QJ12 | Long             | DBT              | CORP              | LU        |    3510000 | PA      | $3396675.09    | 0.05%             | 2028-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137TAP0<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    4372000 | PA      | $4375606.90    | 0.06%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    3461000 | PA      | $3404204.64    | 0.05%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ADVANCE AUTO PARTS                             | Advance Auto Parts Inc                                                           | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    2280000 | PA      | $2292220.80    | 0.03%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                       | Allison Transmission Inc                                                         | CUSIP: 019736AE7<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    2985000 | PA      | $2958188.43    | 0.04%             | 2027-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NASSAU COMPANIES OF NY                         | Nassau Cos of New York/The                                                       | CUSIP: 63155AAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2010000 | PA      | $2029595.09    | 0.03%             | 2030-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAD5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3637000 | PA      | $3578855.64    | 0.05%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO                            | Allegiant Travel Co                                                              | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |    4882000 | PA      | $4871056.02    | 0.07%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| RITCHIE BROS HLDGS INC                         | Ritchie Bros Holdings Inc                                                        | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |    4995000 | PA      | $5119175.70    | 0.07%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MOOG INC                                       | Moog Inc                                                                         | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |    4273000 | PA      | $4176430.20    | 0.06%             | 2027-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    4895000 | PA      | $4815005.42    | 0.07%             | 2029-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    4330000 | PA      | $4187830.95    | 0.06%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAW2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |    3446000 | PA      | $3361996.86    | 0.05%             | 2027-02-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| RFNA LP                                        | Rfna LP                                                                          | CUSIP: 74984AAA0<br>LEI: 2549002A4GSOTYKKHR45 | Long             | DBT              | CORP              | US        |    3920000 | PA      | $3992556.06    | 0.06%             | 2030-02-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| ENQUEST PLC                                    | EnQuest PLC                                                                      | CUSIP: 29357JAC0<br>LEI: 2138008LJU6WFQWOXJ73 | Long             | DBT              | CORP              | GB        |    3530000 | PA      | $3624145.10    | 0.05%             | 2027-11-01      | Fixed         | 11.63%                | No            |                  2 | On Loan: —       |
| DISH NETWORK CORP                              | DISH Network Corp                                                                | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |   25985000 | PA      | $27076629.85   | 0.39%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| DELUXE CORP                                    | Deluxe Corp                                                                      | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    3930000 | PA      | $4043261.81    | 0.06%             | 2029-09-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| KEHE DIST/FIN / NEXTWAVE                       | KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc            | CUSIP: 487526AC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8530000 | PA      | $8895190.63    | 0.13%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| HUGHES SATELLITE SYSTEMS                       | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5570000 | PA      | $5129362.87    | 0.07%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| DISCOVERY COMMUNICATIONS                       | Discovery Communications LLC                                                     | CUSIP: 25470DCC1<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    7300000 | PA      | $6452537.16    | 0.09%             | 2030-05-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                       | CUSIP: 853496AG2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   11900000 | PA      | $11265849.00   | 0.16%             | 2030-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MOBIUS MERGER SUB                              | Mobius Merger Sub Inc                                                            | CUSIP: 606950AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4575000 | PA      | $4197562.50    | 0.06%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BAFFINLAND IRON CORP/LP                        | Baffinland Iron Mines Corp / Baffinland Iron Mines LP                            | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    4141000 | PA      | $3901044.79    | 0.06%             | 2026-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAE1<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    3390000 | PA      | $3266232.80    | 0.05%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| WILDFIRE INTERMEDIATE HO                       | Wildfire Intermediate Holdings LLC                                               | CUSIP: 96812HAA6<br>LEI: 5493003RHEMQJZEXIR02 | Long             | DBT              | CORP              | US        |    5117000 | PA      | $5101540.52    | 0.07%             | 2029-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| MACY'S RETAIL HLDGS LLC                        | Macy's Retail Holdings LLC                                                       | CUSIP: 55617LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1198000 | PA      | $1183077.95    | 0.02%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CIENA CORP                                     | Ciena Corp                                                                       | CUSIP: 171779AL5<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | DBT              | CORP              | US        |    3352000 | PA      | $3176858.00    | 0.05%             | 2030-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| VIAVI SOLUTIONS INC                            | Viavi Solutions Inc                                                              | CUSIP: 925550AF2<br>LEI: 5493006K3E3N1QOBF092 | Long             | DBT              | CORP              | US        |    3535000 | PA      | $3273909.14    | 0.05%             | 2029-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PIKE CORP                                      | Pike Corp                                                                        | CUSIP: 721283AA7<br>LEI: 549300P4EKEP6HK0NC58 | Long             | DBT              | CORP              | US        |    6029000 | PA      | $6006391.25    | 0.09%             | 2028-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                             | Ally Financial Inc                                                               | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    7473000 | PA      | $7484280.49    | 0.11%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                           | IHO Verwaltungs GmbH                                                             | CUSIP: 44963BAD0<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    3140000 | PA      | $3142662.72    | 0.05%             | 2029-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAA4<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    3465000 | PA      | $3265762.50    | 0.05%             | 2027-11-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies Inc                          | SS&C Technologies Inc                                                            | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   15573000 | PA      | $15576581.79   | 0.23%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VAREX IMAGING CORPORATIO                       | Varex Imaging Corp                                                               | CUSIP: 92214XAC0<br>LEI: 549300CWYWPVCT8E9W67 | Long             | DBT              | CORP              | US        |    2742000 | PA      | $2783215.82    | 0.04%             | 2027-10-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| RAISING CANE'S RESTAURAN                       | Raising Cane's Restaurants LLC                                                   | CUSIP: 75103AAA3<br>LEI: 254900V6ADXFWHYOED66 | Long             | DBT              | CORP              | US        |    3400000 | PA      | $3591250.00    | 0.05%             | 2029-05-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| AMWINS GROUP INC                               | AmWINS Group Inc                                                                 | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    6134000 | PA      | $6246865.60    | 0.09%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PETSMART INC/PETSMART FI                       | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9780000 | PA      | $9567495.27    | 0.14%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| VIKING CRUISES LTD                             | Viking Cruises Ltd                                                               | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    3565000 | PA      | $3591937.50    | 0.05%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PAU4<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    4436000 | PA      | $4441545.00    | 0.06%             | 2027-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| ARKO CORP                                      | Arko Corp                                                                        | CUSIP: 041242AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3920000 | PA      | $3210395.33    | 0.05%             | 2029-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| COMMSCOPE LLC                                  | CommScope LLC                                                                    | CUSIP: 203372AX5<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    8203000 | PA      | $7978816.11    | 0.12%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CALDERYS FINANCING LLC                         | Calderys Financing LLC                                                           | CUSIP: 128786AA8<br>LEI: 254900ZIKDM74XNEFV84 | Long             | DBT              | CORP              | US        |    3785000 | PA      | $4000820.70    | 0.06%             | 2028-06-01      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC                              | Herc Holdings Inc                                                                | CUSIP: 42704LAE4<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    6437000 | PA      | $6589878.75    | 0.10%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| LGI HOMES INC                                  | LGI Homes Inc                                                                    | CUSIP: 50187TAH9<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |    3540000 | PA      | $3702663.00    | 0.05%             | 2028-12-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAT6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    3834000 | PA      | $3861205.30    | 0.06%             | 2029-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| NCR VOYIX CORP                                 | NCR Voyix Corp                                                                   | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    5605000 | PA      | $5509603.46    | 0.08%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| PHINIA INC                                     | Phinia Inc                                                                       | CUSIP: 71880KAA9<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |    4560000 | PA      | $4676493.86    | 0.07%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VELOCITY VEHICLE GROUP                         | Velocity Vehicle Group LLC                                                       | CUSIP: 92262TAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4185000 | PA      | $4230968.88    | 0.06%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| AG TTMT ESCROW ISSUER                          | AG TTMT Escrow Issuer LLC                                                        | CUSIP: 00840KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3781000 | PA      | $3887754.27    | 0.06%             | 2027-09-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4167000 | PA      | $3904438.58    | 0.06%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| CROWDSTRIKE HOLDINGS INC                       | Crowdstrike Holdings Inc                                                         | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    5762000 | PA      | $5394495.61    | 0.08%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| GENTING NY LLC/GENNY CAP                       | Genting New York LLC / GENNY Capital Inc                                         | CUSIP: 37255JAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4888000 | PA      | $5038892.56    | 0.07%             | 2029-10-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| COGENT COMMS GRP / FIN                         | Cogent Communications Group LLC / Cogent Finance Inc                             | CUSIP: 19240CAE3<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |    3361000 | PA      | $3365201.25    | 0.05%             | 2027-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327BAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |    9276000 | PA      | $9020910.00    | 0.13%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SPIRIT LOYALTY KY LTD/IP                       | Spirit Loyalty Cayman Ltd / Spirit IP Cayman Ltd                                 | CUSIP: 84859BAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    6729957 | PA      | $4323997.37    | 0.06%             | 2030-03-12      | Fixed         | 11.00%                | No            |                  2 | On Loan: —       |
| VERMILION ENERGY INC                           | Vermilion Energy Inc                                                             | CUSIP: 923725AD7<br>LEI: 8945009D1HGCJC8M8A68 | Long             | DBT              | CORP              | CA        |    3020000 | PA      | $2930410.79    | 0.04%             | 2030-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| SUMMIT MIDSTREAM HOLDING                       | Summit Midstream Holdings LLC                                                    | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6855000 | PA      | $6972677.73    | 0.10%             | 2029-10-31      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                       | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAG5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    2935000 | PA      | $2736459.58    | 0.04%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNECO INC                                    | Tenneco Inc                                                                      | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |   15312000 | PA      | $15197160.00   | 0.22%             | 2028-11-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AD6<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    7610000 | PA      | $7228935.34    | 0.10%             | 2030-01-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                            | Kinetik Holdings LP                                                              | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    6355000 | PA      | $6364439.72    | 0.09%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| MATADOR RESOURCES CO                           | Matador Resources Co                                                             | CUSIP: 576485AF3<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |    4370000 | PA      | $4443153.80    | 0.06%             | 2028-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6530000 | PA      | $6523914.04    | 0.09%             | 2028-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                         | Comstock Resources Inc                                                           | CUSIP: 205768AU8<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    3205000 | PA      | $3152918.75    | 0.05%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| VF CORP                                        | VF Corp                                                                          | CUSIP: 918204BC1<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    5560000 | PA      | $4714268.40    | 0.07%             | 2030-04-23      | Fixed         | 2.95%                 | No            |                  2 | On Loan: —       |
| MATIV HOLDINGS INC                             | Mativ Holdings Inc                                                               | CUSIP: 808541AC0<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |    3315000 | PA      | $2990660.40    | 0.04%             | 2029-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BF0<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    3450000 | PA      | $3450690.00    | 0.05%             | 2027-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| TIDEWATER INC                                  | Tidewater Inc                                                                    | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |     300000 | PA      | $314535.00     | 0.00%             | 2030-07-15      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                       | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    6435000 | PA      | $6578340.91    | 0.10%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |   10535000 | PA      | $10438683.76   | 0.15%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAA0<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    6589000 | PA      | $6551113.25    | 0.09%             | 2028-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| RITHM CAPITAL CORP                             | Rithm Capital Corp                                                               | CUSIP: 64828TAB8<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              |  | US        |    6373000 | PA      | $6501268.73    | 0.09%             | 2029-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3681000 | PA      | $3672629.41    | 0.05%             | 2027-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                             | Mattamy Group Corp                                                               | CUSIP: 57701RAJ1<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    4302000 | PA      | $4273397.29    | 0.06%             | 2027-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HRT DNT / HRT DNT FIN                          | Heartland Dental LLC / Heartland Dental Finance Corp                             | CUSIP: 42239PAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4995000 | PA      | $5265167.06    | 0.08%             | 2028-04-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 67623CAJ8<br>LEI: N/A                  | Long             | DBT              |  | US        |    4461000 | PA      | $3312292.50    | 0.05%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAM4<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    6085000 | PA      | $6209294.64    | 0.09%             | 2029-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| FORTESCUE TREASURY PTY L                       | Fortescue Treasury Pty Ltd                                                       | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    5710000 | PA      | $5781375.00    | 0.08%             | 2030-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              |  | US        |    5135000 | PA      | $4988963.68    | 0.07%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AXALTA COAT/DUTCH HLD BV                       | Axalta Coating Systems LLC / Axalta Coating Systems Dutch Holding B BV           | CUSIP: 05454NAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    4646000 | PA      | $4610574.25    | 0.07%             | 2027-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                                    | Deluxe Corp                                                                      | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |    4185000 | PA      | $4017223.35    | 0.06%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   25901000 | PA      | $25674366.25   | 0.37%             | 2027-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CF2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5275000 | PA      | $5341914.96    | 0.08%             | 2029-01-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| TOPBUILD CORP                                  | TopBuild Corp                                                                    | CUSIP: 89055FAB9<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |    3407000 | PA      | $3207179.45    | 0.05%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDS6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   10529000 | PA      | $10546573.95   | 0.15%             | 2027-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |    5233000 | PA      | $5223057.30    | 0.08%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Radiate Holdco LLC                             | Radiate Holdco LLC 2025 FLFO Term Loan                                           | CUSIP: 000000000<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |    7635325 | PA      | $6606464.58    | 0.10%             | 2029-09-25      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                             | Advance Auto Parts Inc                                                           | CUSIP: 00751YAF3<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    3015000 | PA      | $2776706.76    | 0.04%             | 2027-10-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                        | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92841HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    4345000 | PA      | $4463222.24    | 0.06%             | 2028-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAW4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    8120000 | PA      | $8459731.87    | 0.12%             | 2028-11-15      | Fixed         | 6.85%                 | No            |                  2 | On Loan: —       |
| HELIOS SOFT/ION CORP SOL                       | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl              | CUSIP: 42329HAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5445000 | PA      | $5558421.53    | 0.08%             | 2029-05-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                        | CUSIP: 31209DAA3<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    3770000 | PA      | $3916087.50    | 0.06%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| RANGE RESOURCES CORP                           | Range Resources Corp                                                             | CUSIP: 75281ABJ7<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    4300000 | PA      | $4411661.97    | 0.06%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAD6<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    3052000 | PA      | $2865142.22    | 0.04%             | 2029-05-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAJ4<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    8582000 | PA      | $8371912.64    | 0.12%             | 2028-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ZI TECH LLC/ZI FIN CORP                        | ZoomInfo Technologies LLC/ZoomInfo Finance Corp                                  | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5480000 | PA      | $5147692.80    | 0.07%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| VIBRANTZ TECH INC                              | Vibrantz Technologies Inc                                                        | CUSIP: 69357VAA3<br>LEI: 549300GYZ1T3S8OPH343 | Long             | DBT              | CORP              | US        |    6095000 | PA      | $3900800.00    | 0.06%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   19962000 | PA      | $19585516.68   | 0.28%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GPS HOSPITALITY HOLDING                        | GPS Hospitality Holding Co LLC / GPS Finco Inc                                   | CUSIP: 36262BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2971000 | PA      | $1736549.50    | 0.03%             | 2028-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MAVIS TIRE EXPRESS SERVI                       | Mavis Tire Express Services Topco Corp                                           | CUSIP: 59155LAA0<br>LEI: 254900NVDM4GTLBL9E56 | Long             | DBT              | CORP              | US        |    6081000 | PA      | $6012090.72    | 0.09%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| DYCOM INDUSTRIES INC                           | Dycom Industries Inc                                                             | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |    4132000 | PA      | $3997710.00    | 0.06%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| OSAIC HOLDINGS INC                             | Osaic Holdings Inc                                                               | CUSIP: 00791GAA5<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |    2438000 | PA      | $2438219.42    | 0.04%             | 2027-08-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| TWILIO INC                                     | Twilio Inc                                                                       | CUSIP: 90138FAC6<br>LEI: 5493004W8TRGD63APX93 | Long             | DBT              | CORP              | US        |    4395000 | PA      | $4163627.42    | 0.06%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| VIVO ENERGY INVESTMENTS                        | Vivo Energy Investments BV                                                       | CUSIP: 92856HAB0<br>LEI: 724500P3OXMB2IERLM56 | Long             | DBT              | CORP              | NL        |    2440000 | PA      | $2408960.27    | 0.03%             | 2027-09-24      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGE0<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |    3369000 | PA      | $3292860.60    | 0.05%             | 2026-11-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   12755000 | PA      | $12468012.50   | 0.18%             | 2028-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AV3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    4960000 | PA      | $5112608.78    | 0.07%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   16960000 | PA      | $17561571.20   | 0.25%             | 2028-06-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AM9<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    3030000 | PA      | $3044677.32    | 0.04%             | 2030-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| EQUIPMENTSHARE.COM INC                         | EquipmentShare.com Inc                                                           | CUSIP: 29450YAA7<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |    8510000 | PA      | $8969175.77    | 0.13%             | 2028-05-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH AMERICAS                         | Bausch Health Americas Inc                                                       | CUSIP: 91911XAV6<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    4184000 | PA      | $4199041.90    | 0.06%             | 2026-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| US Renal Care Inc                              | US Renal Care Inc                                                                | CUSIP: 07335BAA4<br>LEI: 54930058SS5MF69JGN89 | Long             | DBT              | CORP              | US        |    2984000 | PA      | $2189261.43    | 0.03%             | 2027-07-15      | Fixed         | 10.63%                | No            |                  2 | On Loan: —       |
| AXALTA COATING SYSTEMS                         | Axalta Coating Systems LLC                                                       | CUSIP: 05453GAC9<br>LEI: 549300G80QONCHILSF69 | Long             | DBT              | CORP              | US        |    5882000 | PA      | $5503522.71    | 0.08%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| BEACON MOBILITY CORP                           | Beacon Mobility Corp                                                             | CUSIP: 073644AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2560000 | PA      | $2608040.19    | 0.04%             | 2030-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                     | Air Canada                                                                       | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    8897000 | PA      | $8807051.33    | 0.13%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| SUNCOKE ENERGY INC                             | SunCoke Energy Inc                                                               | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |    4127000 | PA      | $3771170.06    | 0.05%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NUFARM AUSTRALIA/AMERICA                       | Nufarm Australia Ltd / Nufarm Americas Inc                                       | CUSIP: 67052NAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |    2947000 | PA      | $2721716.59    | 0.04%             | 2030-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                              | Clean Harbors Inc                                                                | CUSIP: 184496AN7<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |    4410000 | PA      | $4376395.80    | 0.06%             | 2027-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    3430000 | PA      | $3284225.00    | 0.05%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| BOYD GAMING CORP                               | Boyd Gaming Corp                                                                 | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |    8549000 | PA      | $8476760.95    | 0.12%             | 2027-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| HARVEST MIDSTREAM I LP                         | Harvest Midstream I LP                                                           | CUSIP: 417558AA1<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |    5865000 | PA      | $5934496.14    | 0.09%             | 2028-09-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL                       | Korn Ferry                                                                       | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |    3002000 | PA      | $2961102.85    | 0.04%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC                                 | Gray Media Inc                                                                   | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   10095000 | PA      | $10915218.75   | 0.16%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| TKC HOLDINGS INC                               | TKC Holdings Inc                                                                 | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3227000 | PA      | $3227346.26    | 0.05%             | 2028-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5055000 | PA      | $4749826.62    | 0.07%             | 2030-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    3220000 | PA      | $3171323.58    | 0.05%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PM GENERAL PURCHASER LLC                       | PM General Purchaser LLC                                                         | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5005000 | PA      | $3888222.84    | 0.06%             | 2028-10-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| SCRIPPS ESCROW II INC                          | Scripps Escrow II Inc                                                            | CUSIP: 81105DAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4645000 | PA      | $4122437.50    | 0.06%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| CASCADES INC/USA INC                           | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    2875000 | PA      | $2869911.25    | 0.04%             | 2030-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BN3<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    6100000 | PA      | $5782002.73    | 0.08%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| TERRAFORM POWER OPERATIN                       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAE3<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    5841000 | PA      | $5759234.18    | 0.08%             | 2028-01-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKET COS INC                                 | Rocket Cos Inc                                                                   | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3495000 | PA      | $3542788.88    | 0.05%             | 2030-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6635000 | PA      | $6807561.75    | 0.10%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NOVA Chemicals Corp                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAR0<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    8865000 | PA      | $8810480.25    | 0.13%             | 2027-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL / MS DIG                        | Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC          | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6325000 | PA      | $6561396.88    | 0.10%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAB6<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    5255000 | PA      | $5340393.75    | 0.08%             | 2029-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                       | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp                     | CUSIP: 432891AK5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    4650000 | PA      | $4645809.42    | 0.07%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    2342000 | PA      | $2339205.06    | 0.03%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                | Mercer International Inc                                                         | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    7056000 | PA      | $5686359.84    | 0.08%             | 2029-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 02154CAF0<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    9848000 | PA      | $7844703.10    | 0.11%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBJ8<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   10110000 | PA      | $7936350.00    | 0.11%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| CDK GLOBAL II LLC                              | CDK Global II LLC                                                                | CUSIP: 12508EAF8<br>LEI: 5493000L10CYRTHIJ385 | Long             | DBT              | CORP              | US        |      15000 | PA      | $13946.25      | 0.00%             | 2027-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DYE & DURHAM LIMITED                           | Dye & Durham Ltd                                                                 | CUSIP: 267486AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    5035000 | PA      | $5244644.81    | 0.08%             | 2029-04-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   10885000 | PA      | $10484976.25   | 0.15%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4350000 | PA      | $4391542.50    | 0.06%             | 2030-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAB8<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    3965000 | PA      | $3995956.74    | 0.06%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                       | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    5318000 | PA      | $5304705.00    | 0.08%             | 2027-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MPH ACQUISITION HOLDINGS LLC                   | MPH Acquisition Holdings LLC 2025 Exchange 1st Out Term Loan                     | CUSIP: 55328HAP6<br>LEI: 5493002WXOPRPTXWTU06 | Long             | LON              | CORP              | US        |          0 | PA      | $0.00          | 0.00%             | 2030-12-31      | Floating      | 8.06%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    6130000 | PA      | $6186089.50    | 0.09%             | 2030-06-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    4495000 | PA      | $4440653.20    | 0.06%             | 2026-03-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC                       | United Natural Foods Inc                                                         | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |    4400000 | PA      | $4356000.00    | 0.06%             | 2028-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BQ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    6180000 | PA      | $6064125.00    | 0.09%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| NCR VOYIX CORP                                 | NCR Voyix Corp                                                                   | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    3636000 | PA      | $3562592.43    | 0.05%             | 2029-04-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EVERGREEN ACQCO/TVI INC                        | Evergreen Acqco 1 LP / TVI Inc                                                   | CUSIP: 30015DAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3357000 | PA      | $3496278.91    | 0.05%             | 2028-04-26      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| WOLVERINE WORLD WIDE                           | Wolverine World Wide Inc                                                         | CUSIP: 978097AG8<br>LEI: 549300OVC7PK14LQ8D87 | Long             | DBT              | CORP              | US        |    4767000 | PA      | $4296878.46    | 0.06%             | 2029-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| NORTHERN OIL & GAS INC                         | Northern Oil & Gas Inc                                                           | CUSIP: 665531AG4<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | DBT              | CORP              | US        |    5405000 | PA      | $5459050.00    | 0.08%             | 2028-03-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                                              | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |    6330000 | PA      | $4202487.00    | 0.06%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5788000 | PA      | $4977624.44    | 0.07%             | 2029-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| SEAGATE DATA STORAGE TECHNOLOG                 | SEAGATE DATA STOR                                                                | CUSIP: 81180LAM7<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    2370000 | PA      | $2527012.50    | 0.04%             | 2029-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| OUTFRONT MEDIA CAP LLC/C                       | Outfront Media Capital LLC / Outfront Media Capital Corp                         | CUSIP: 69007TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5823000 | PA      | $5766166.94    | 0.08%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                               | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7975000 | PA      | $7765656.25    | 0.11%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| ALTA EQUIPMENT GROUP                           | Alta Equipment Group Inc                                                         | CUSIP: 02128LAC0<br>LEI: 549300DGOB28CLGS1X27 | Long             | DBT              | CORP              | US        |    4035000 | PA      | $3823506.28    | 0.06%             | 2029-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| NABORS INDUSTRIES INC                          | Nabors Industries Inc                                                            | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    5392000 | PA      | $5444302.40    | 0.08%             | 2027-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAL2<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    4425000 | PA      | $4319457.56    | 0.06%             | 2028-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAJ3<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    5336000 | PA      | $5340788.53    | 0.08%             | 2025-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAB3<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    3947000 | PA      | $3764096.02    | 0.05%             | 2028-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5756000 | PA      | $5695389.32    | 0.08%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAP4<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    6415000 | PA      | $6078900.19    | 0.09%             | 2029-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| DELEK LOG PART/FINANCE                         | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8940000 | PA      | $9307802.33    | 0.13%             | 2029-03-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SPX FLOW INC                                   | SPX FLOW Inc                                                                     | CUSIP: 758071AA2<br>LEI: 5493003YXEKRBINIEM78 | Long             | DBT              | CORP              | US        |    3935000 | PA      | $4075029.73    | 0.06%             | 2030-04-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    4991000 | PA      | $4806556.10    | 0.07%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    3879000 | PA      | $3407448.20    | 0.05%             | 2028-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ROLLER BEARING CO OF AME                       | Roller Bearing Co of America Inc                                                 | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |    4030000 | PA      | $3870046.48    | 0.06%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| GLOBAL NET LEASE/GLOBAL                        | Global Net Lease Inc / Global Net Lease Operating Partnership LP                 | CUSIP: 37892AAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |    4405000 | PA      | $4206775.00    | 0.06%             | 2027-12-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL/CONNE                       | Connect Finco SARL / Connect US Finco LLC                                        | CUSIP: 20752TAB0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   16310000 | PA      | $16468200.48   | 0.24%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| JAZZ SECURITIES DAC                            | Jazz Securities DAC                                                              | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |   12712000 | PA      | $12298860.00   | 0.18%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| KRAKEN OIL & GAS PARTNER                       | Kraken Oil & Gas Partners LLC                                                    | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |    4307000 | PA      | $4215476.25    | 0.06%             | 2029-08-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| Steelcase Inc                                  | Steelcase Inc                                                                    | CUSIP: 858155AE4<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | DBT              | CORP              | US        |    3670000 | PA      | $3628028.78    | 0.05%             | 2029-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ALLIANCE RES OP/FINANCE                        | Alliance Resource Operating Partners LP / Alliance Resource Finance Corp         | CUSIP: 01879NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3332000 | PA      | $3530071.74    | 0.05%             | 2029-06-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR                              | Seagate Data Storage Technology Pte Ltd                                          | CUSIP: 81180LAK1<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    3987000 | PA      | $3816306.56    | 0.06%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: —       |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    3437000 | PA      | $3389799.68    | 0.05%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AQ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   10550000 | PA      | $10193937.50   | 0.15%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW INC                             | Scripps Escrow Inc                                                               | CUSIP: 81104PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3555000 | PA      | $3557577.38    | 0.05%             | 2027-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ENCORE CAPITAL GROUP INC                       | Encore Capital Group Inc                                                         | CUSIP: 292554AR3<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    3925000 | PA      | $4138176.56    | 0.06%             | 2030-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| VERITAS SERIES G PREFERRED STO                 | VERITAS SERIES G PREFERRED STO                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      32444 | NS      | $729990.00     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                                        | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |    7950000 | PA      | $7592250.00    | 0.11%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10395000 | PA      | $10524937.50   | 0.15%             | 2028-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                  | EchoStar Corp                                                                    | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |   10785000 | PA      | $11364693.75   | 0.16%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    6268000 | PA      | $6459174.00    | 0.09%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    3052000 | PA      | $3144538.17    | 0.05%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    9720000 | PA      | $9509221.80    | 0.14%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GEN DIGITAL INC                                | Gen Digital Inc                                                                  | CUSIP: 668771AK4<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | DBT              | CORP              | US        |    6900000 | PA      | $7019853.00    | 0.10%             | 2027-09-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| PREMIER ENTERTAINMENT SU                       | Premier Entertainment Sub LLC / Premier Entertainment Finance Corp               | CUSIP: 74052HAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5100000 | PA      | $3089317.35    | 0.04%             | 2029-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   10840000 | PA      | $10781030.40   | 0.16%             | 2028-03-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                                      | Sunoco LP                                                                        | CUSIP: 86765KAB5<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    6325000 | PA      | $6556090.20    | 0.09%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    3160000 | PA      | $3318726.80    | 0.05%             | 2028-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAJ0<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    5100000 | PA      | $5011923.00    | 0.07%             | 2030-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                  | CUSIP: 27034RAA1<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    3951000 | PA      | $4031916.48    | 0.06%             | 2027-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAK0<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    4185000 | PA      | $4202095.73    | 0.06%             | 2028-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6450000 | PA      | $6592508.88    | 0.10%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAG6<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    4370000 | PA      | $4491791.90    | 0.07%             | 2028-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MCGRAW-HILL EDUCATION                          | McGraw-Hill Education Inc                                                        | CUSIP: 57767XAA8<br>LEI: 254900U6YJ9QZ4IQOR26 | Long             | DBT              | CORP              | US        |    7717000 | PA      | $7694673.95    | 0.11%             | 2028-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PITNEY BOWES INC                               | Pitney Bowes Inc                                                                 | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |    2861000 | PA      | $2861000.00    | 0.04%             | 2027-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| C&S GROUP ENTERPRISES LL                       | C&S Group Enterprises LLC                                                        | CUSIP: 12467AAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3592000 | PA      | $3214840.00    | 0.05%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OFFICE PROP INCOME TRUST                       | OFFICE PROP INCOME TRUST                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      16557 | NS      | $3973.68       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    6807000 | PA      | $6971996.92    | 0.10%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AN5<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    4590000 | PA      | $4227252.30    | 0.06%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AD8<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    6885000 | PA      | $6447535.36    | 0.09%             | 2029-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| MEG ENERGY CORP                                | MEG Energy Corp                                                                  | CUSIP: 552704AF5<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |    5205000 | PA      | $5209035.44    | 0.08%             | 2029-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CORNERSTONE BUILDING                           | Cornerstone Building Brands Inc                                                  | CUSIP: 21925DAB5<br>LEI: 549300IW41QEWQ6T0H29 | Long             | DBT              | CORP              | US        |    3945000 | PA      | $3614685.15    | 0.05%             | 2029-08-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| ENOVA INTERNATIONAL INC                        | Enova International Inc                                                          | CUSIP: 29357KAH6<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |    2935000 | PA      | $3141090.12    | 0.05%             | 2028-12-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: —       |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    8270000 | PA      | $8435400.00    | 0.12%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAD4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    5405000 | PA      | $5594175.00    | 0.08%             | 2029-06-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AU8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4610000 | PA      | $4519416.73    | 0.07%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAB2<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    3070000 | PA      | $3092782.16    | 0.04%             | 2026-05-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAD7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $4513882.00    | 0.07%             | 2028-09-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| VERITAS SERIES G 1 PREFERRED                   | VERITAS SERIES G 1 PREFERRED                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      22415 | NS      | $504337.50     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327BAB6<br>LEI: N/A                  | Long             | DBT              |  | US        |    5155000 | PA      | $5007352.04    | 0.07%             | 2028-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    3650000 | PA      | $3615507.50    | 0.05%             | 2030-01-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BN6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   16460000 | PA      | $15423156.62   | 0.22%             | 2029-01-31      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAT4<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    2435000 | PA      | $2352194.17    | 0.03%             | 2030-05-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: —       |
| TAYLOR MORRISON COMM                           | Taylor Morrison Communities Inc                                                  | CUSIP: 87724RAA0<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |    4205000 | PA      | $4230734.60    | 0.06%             | 2027-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC                       | BroadStreet Partners Inc                                                         | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |    5940000 | PA      | $5896746.11    | 0.09%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TEINE ENERGY LTD                               | Teine Energy Ltd                                                                 | CUSIP: 879068AB0<br>LEI: 894500JBC83AX7PYEU16 | Long             | DBT              | CORP              | CA        |    3002000 | PA      | $2960243.38    | 0.04%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                       | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAB0<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    3480000 | PA      | $3533516.48    | 0.05%             | 2030-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAG3<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   15090000 | PA      | $16369782.90   | 0.24%             | 2027-02-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                                   | CUSIP: 12662PAD0<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    3415000 | PA      | $3286357.29    | 0.05%             | 2028-02-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BIG RIVER STEEL/BRS FIN                        | Big River Steel LLC / BRS Finance Corp                                           | CUSIP: 08949LAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4355000 | PA      | $4355092.33    | 0.06%             | 2029-01-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                       | HLF Financing Sarl LLC / Herbalife International Inc                             | CUSIP: 40390DAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6140000 | PA      | $6700275.00    | 0.10%             | 2029-04-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                           | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3365000 | PA      | $3352381.25    | 0.05%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   19400000 | PA      | $17314500.00   | 0.25%             | 2028-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                         | Group 1 Automotive Inc                                                           | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    3930000 | PA      | $4012249.40    | 0.06%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| ILLUMINATE BUYER/HLDG                          | Illuminate Buyer LLC / Illuminate Holdings IV Inc                                | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3505000 | PA      | $3515594.21    | 0.05%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| Wynn Macau Ltd                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAD8<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    5926000 | PA      | $5904825.81    | 0.09%             | 2027-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| EW SCRIPPS CO                                  | EW Scripps Co/The                                                                | CUSIP: 811054AH8<br>LEI: 549300U1OW41QPKYW028 | Long             | DBT              | CORP              | US        |    2230000 | PA      | $2219742.00    | 0.03%             | 2030-08-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| IRIS HOLDING INC                               | Iris Holding Inc                                                                 | CUSIP: 462914AA0<br>LEI: 54930013SPZ2NB3I3V40 | Long             | DBT              | CORP              | US        |    3315000 | PA      | $3089120.54    | 0.04%             | 2028-12-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| FXI HOLDINGS INC                               | FXI Holdings Inc                                                                 | CUSIP: 36120RAE9<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |    3838000 | PA      | $3423577.75    | 0.05%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                            | Medline Borrower LP                                                              | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   35095000 | PA      | $33427987.50   | 0.48%             | 2029-04-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP                           | Wabash National Corp                                                             | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |    3482000 | PA      | $3115129.17    | 0.05%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| BELRON UK FINANCE PLC                          | Belron UK Finance PLC                                                            | CUSIP: 080782AA3<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |    8355000 | PA      | $8430195.00    | 0.12%             | 2029-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CHURCHILL DOWNS INC                            | Churchill Downs Inc                                                              | CUSIP: 12511VAA6<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |   10255000 | PA      | $10233998.79   | 0.15%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NuStar Logistics LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    3909000 | PA      | $3923661.10    | 0.06%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| SUPERIOR PLUS/GEN PRTNR                        | Superior Plus LP / Superior General Partner Inc                                  | CUSIP: 86828LAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    5095000 | PA      | $4856998.79    | 0.07%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    3775000 | PA      | $3769337.50    | 0.05%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| JW ALUMINUM CONT CAST CO                       | JW Aluminum Continuous Cast Co                                                   | CUSIP: 46648XAB4<br>LEI: 5493008HJ8BWQC8XAF08 | Long             | DBT              | CORP              | US        |    2655000 | PA      | $2748131.82    | 0.04%             | 2030-04-01      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAM1<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    3390000 | PA      | $3490489.43    | 0.05%             | 2028-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MIDCAP FINANCIAL                               | Midcap Financial Issuer Trust                                                    | CUSIP: 59590AAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3080000 | PA      | $2891981.71    | 0.04%             | 2030-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BL7<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    4635000 | PA      | $4621879.24    | 0.07%             | 2030-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ANYWHERE RE GRP/REALOGY                        | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                          | CUSIP: 75606DAL5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4603000 | PA      | $4084587.13    | 0.06%             | 2029-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| VIASAT INC                                     | Viasat Inc                                                                       | CUSIP: 92552VAN0<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    3655000 | PA      | $3462198.75    | 0.05%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                       | Jefferson Capital Holdings LLC                                                   | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3430000 | PA      | $3618650.00    | 0.05%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                              | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    6835000 | PA      | $6445087.17    | 0.09%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| PETSMART INC/PETSMART FI                       | PetSmart Inc / PetSmart Finance Corp                                             | CUSIP: 71677KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10015000 | PA      | $9805310.94    | 0.14%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HECLA MINING CO                                | Hecla Mining Co                                                                  | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |    3455000 | PA      | $3491129.97    | 0.05%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAA4<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |   10018000 | PA      | $10003473.90   | 0.14%             | 2027-08-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    9420000 | PA      | $9365835.00    | 0.14%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAN4<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    6130000 | PA      | $6362537.87    | 0.09%             | 2029-07-15      | Fixed         | 6.83%                 | No            |                  2 | On Loan: —       |
| DUN & BRADSTREET CORP                          | Dun & Bradstreet Corp/The                                                        | CUSIP: 26483EAL4<br>LEI: RI37BMPWE56BCJ747E14 | Long             | DBT              | CORP              | US        |    3082000 | PA      | $3153747.73    | 0.05%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    5106000 | PA      | $5022465.84    | 0.07%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| FAIR ISAAC CORP                                | Fair Isaac Corp                                                                  | CUSIP: 303250AF1<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    7746000 | PA      | $7481563.95    | 0.11%             | 2028-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                               | AMC Networks Inc                                                                 | CUSIP: 00164VAG8<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |    7574000 | PA      | $7773178.78    | 0.11%             | 2029-01-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAT4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5992000 | PA      | $5809744.33    | 0.08%             | 2029-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INFRABUILD AUSTRALIA PTY                       | Infrabuild Australia Pty Ltd                                                     | CUSIP: 45682RAC4<br>LEI: 549300W2CPB5W6GFH859 | Long             | DBT              | CORP              | AU        |    2600000 | PA      | $2820422.80    | 0.04%             | 2028-11-15      | Fixed         | 14.50%                | No            |                  2 | On Loan: —       |
| PRESTIGE BRANDS INC                            | Prestige Brands Inc                                                              | CUSIP: 74112BAL9<br>LEI: 549300JBVP4J6D42I235 | Long             | DBT              | CORP              | US        |    3455000 | PA      | $3423550.86    | 0.05%             | 2028-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MCAFEE CORP                                    | McAfee Corp                                                                      | CUSIP: 579063AB4<br>LEI: 2549009UKR8UEZYVCR93 | Long             | DBT              | CORP              | US        |   15795000 | PA      | $14626880.78   | 0.21%             | 2030-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAA8<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   10092000 | PA      | $9536940.00    | 0.14%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ITT HOLDINGS LLC                               | ITT Holdings LLC                                                                 | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |    9907000 | PA      | $9436943.56    | 0.14%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAF1<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    4040000 | PA      | $3974953.98    | 0.06%             | 2027-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| CHEPLAPHARM ARZNEIMITTEL                       | Cheplapharm Arzneimittel GmbH                                                    | CUSIP: 16412EAA5<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    2112000 | PA      | $2055070.62    | 0.03%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                        | Penske Automotive Group Inc                                                      | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    4319000 | PA      | $4308426.66    | 0.06%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                          | Directv Financing LLC / Directv Financing Co-Obligor Inc                         | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   30420000 | PA      | $30264249.60   | 0.44%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PLANET FINANCIAL GROUP                         | Planet Financial Group LLC                                                       | CUSIP: 72702AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4925000 | PA      | $5034187.25    | 0.07%             | 2029-12-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| RAKUTEN GROUP INC                              | Rakuten Group Inc                                                                | CUSIP: 75102WAK4<br>LEI: 529900IMXUCQKUL1H943 | Long             | DBT              | CORP              | JP        |   15775000 | PA      | $17358791.07   | 0.25%             | 2029-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                 | Transocean Inc                                                                   | CUSIP: 893830BY4<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    7440000 | PA      | $7026777.94    | 0.10%             | 2029-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAS8<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    4440000 | PA      | $4240200.00    | 0.06%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 86389QAF9<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    3963000 | PA      | $3923370.00    | 0.06%             | 2028-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BG0<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    8645000 | PA      | $9063846.79    | 0.13%             | 2028-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| EMPIRE COMMUNITIES CORP                        | Empire Communities Corp                                                          | CUSIP: 29163VAG8<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |    3660000 | PA      | $3732593.90    | 0.05%             | 2029-05-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| Graham Holdings Co                             | Graham Holdings Co                                                               | CUSIP: 384637AA2<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |    3040000 | PA      | $3039113.23    | 0.04%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| INCORA TOP HOLDCO LLC 6 31JA                   | INCORA TOP HOLDCO LLC 6 31JA                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2728188 | PA      | $2634338.82    | 0.04%             | 2033-01-31      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBE0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    8007000 | PA      | $8021012.25    | 0.12%             | 2027-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    9800000 | PA      | $9246523.44    | 0.13%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MINERALS TECHNOLOGIES IN                       | Minerals Technologies Inc                                                        | CUSIP: 603158AA4<br>LEI: 549300D3I1QU67GP6403 | Long             | DBT              | CORP              | US        |    3517000 | PA      | $3459848.75    | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Digital Corp                           | Western Digital Corp                                                             | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |    3812000 | PA      | $3803172.17    | 0.06%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAM0<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    5996000 | PA      | $5960998.35    | 0.09%             | 2027-10-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| WILLIAMS SCOTSMAN INC                          | Williams Scotsman Inc                                                            | CUSIP: 96949VAN3<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    4170000 | PA      | $4298154.11    | 0.06%             | 2030-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 63861CAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6370000 | PA      | $6362580.86    | 0.09%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PRA GROUP INC                                  | PRA Group Inc                                                                    | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    3005000 | PA      | $2778148.04    | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAC1<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    2940000 | PA      | $2763532.09    | 0.04%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| SINCLAIR TELEVISION GROU                       | Sinclair Television Group Inc                                                    | CUSIP: 829259AY6<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |    4230000 | PA      | $3510900.00    | 0.05%             | 2030-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| CONTOURGLOBAL POWER HLDG                       | ContourGlobal Power Holdings SA                                                  | CUSIP: 21220LAB9<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    3405000 | PA      | $3490125.00    | 0.05%             | 2030-02-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    5540000 | PA      | $5422275.00    | 0.08%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    6922000 | PA      | $6714340.00    | 0.10%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| BAUSCH + LOMB CORP                             | Bausch + Lomb Corp                                                               | CUSIP: 071705AA5<br>LEI: 549300NY6OZM39SO6475 | Long             | DBT              | CORP              | CA        |   11325000 | PA      | $11822999.89   | 0.17%             | 2028-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| GREAT CAN GAMING/RAPTOR                        | Great Canadian Gaming Corp/Raptor LLC                                            | CUSIP: 389925AA6<br>LEI: 549300FU60SSFLTE0M84 | Long             | DBT              | CORP              | XX        |    4680000 | PA      | $4555980.00    | 0.07%             | 2029-11-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| FXI HOLDINGS INC                               | FXI Holdings Inc                                                                 | CUSIP: 35166FAA0<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |    5922000 | PA      | $5300190.00    | 0.08%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: No      |
| COREWEAVE INC                                  | CoreWeave Inc                                                                    | CUSIP: 21873SAB4<br>LEI: 984500511DP2B6186053 | Long             | DBT              | CORP              | US        |   15670000 | PA      | $15748350.00   | 0.23%             | 2030-06-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                       | Discovery Communications LLC                                                     | CUSIP: 25470DBS7<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |    3261000 | PA      | $3138712.50    | 0.05%             | 2028-03-20      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAC5<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    8935000 | PA      | $7940981.25    | 0.12%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                       | Brandywine Operating Partnership LP                                              | CUSIP: 105340AR4<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |    2985000 | PA      | $3178859.93    | 0.05%             | 2028-03-15      | Fixed         | 8.30%                 | No            |                  2 | On Loan: —       |
| EG GLOBAL FINANCE PLC                          | eG Global Finance PLC                                                            | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    7975000 | PA      | $8822343.75    | 0.13%             | 2028-11-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    8476000 | PA      | $7946250.00    | 0.12%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| UNITI GROUP/CSL CAPITAL                        | Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC                  | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              |  | US        |   17023000 | PA      | $18001822.50   | 0.26%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                         | Group 1 Automotive Inc                                                           | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |    5962000 | PA      | $5747725.72    | 0.08%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW FLYER HOLDINGS                             | New Flyer Holdings Inc                                                           | CUSIP: 64438WAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3276000 | PA      | $3496106.25    | 0.05%             | 2030-07-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AK3<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    6075000 | PA      | $4337077.97    | 0.06%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AJ6<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    5130000 | PA      | $5289076.17    | 0.08%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| REAL HERO MERGER SUB 2                         | Real Hero Merger Sub 2 Inc                                                       | CUSIP: 75602BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4774000 | PA      | $3282125.00    | 0.05%             | 2029-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 894164AA0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    5234000 | PA      | $5012675.08    | 0.07%             | 2029-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| LBM ACQUISITION LLC                            | LBM Acquisition LLC                                                              | CUSIP: 05552BAA4<br>LEI: 549300FAEB3VWZL4NI86 | Long             | DBT              | CORP              | US        |    6705000 | PA      | $5883637.50    | 0.09%             | 2029-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4320000 | PA      | $4441919.90    | 0.06%             | 2028-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    3115000 | PA      | $3145059.75    | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                 | Transocean Inc                                                                   | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    4757000 | PA      | $4721322.50    | 0.07%             | 2027-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| COHERENT CORP                                  | Coherent Corp                                                                    | CUSIP: 902104AC2<br>LEI: 549300O5C25A0MMHHU33 | Long             | DBT              | CORP              | US        |    8327000 | PA      | $8150051.25    | 0.12%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| EMPIRE COMMUNITIES CORP                        | Empire Communities Corp                                                          | CUSIP: 29163VAC7<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |    3500000 | PA      | $3491468.75    | 0.05%             | 2025-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| MPH ACQUISITION HOLDINGS                       | MPH Acquisition Holdings LLC                                                     | CUSIP: 553283AF9<br>LEI: 5493002WXOPRPTXWTU06 | Long             | DBT              | CORP              | US        |    1798978 | PA      | $1782139.03    | 0.03%             | 2030-12-31      | Fixed         | 11.50%                | No            |                  2 | On Loan: —       |
| CALPINE CORP                                   | Calpine Corp                                                                     | CUSIP: 131347CM6<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    9662000 | PA      | $9555087.07    | 0.14%             | 2028-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc                            | Churchill Downs Inc                                                              | CUSIP: 171484AE8<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    6085000 | PA      | $6001331.25    | 0.09%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VEND FIN IV                       | Virgin Media Vendor Financing Notes IV DAC                                       | CUSIP: 92770QAA5<br>LEI: 635400ZZNJSEA4CAJR23 | Long             | DBT              | CORP              | IE        |    4535000 | PA      | $4396120.61    | 0.06%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAL6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    3715000 | PA      | $3630975.99    | 0.05%             | 2026-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| COMPASS MINERALS INTERNA                       | Compass Minerals International Inc                                               | CUSIP: 20451NAJ0<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |    4540000 | PA      | $4704575.00    | 0.07%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    3210000 | PA      | $2719512.00    | 0.04%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| AMSTED INDUSTRIES                              | Amsted Industries Inc                                                            | CUSIP: 032177AJ6<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |    2670000 | PA      | $2555913.30    | 0.04%             | 2030-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                             | AMN Healthcare Inc                                                               | CUSIP: 00175PAC7<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |    2965000 | PA      | $2719093.57    | 0.04%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5777000 | PA      | $5783528.01    | 0.08%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| RADIATE HOLDCO / FINANCE                       | Radiate Holdco LLC / Radiate Finance Inc                                         | CUSIP: 75026JAH3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6038250 | PA      | $4226775.00    | 0.06%             | 2030-03-25      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| ADVANCE AUTO PARTS                             | Advance Auto Parts Inc                                                           | CUSIP: 00751YAE6<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |    2985000 | PA      | $2701425.00    | 0.04%             | 2030-04-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| VIPER ENERGY INC                               | Viper Energy Inc                                                                 | CUSIP: 92763MAA3<br>LEI: 5299009LINL232255G03 | Long             | DBT              | CORP              | US        |    3713000 | PA      | $3710957.85    | 0.05%             | 2027-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    4647000 | PA      | $4716100.89    | 0.07%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 25259KAA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   12810000 | PA      | $13438075.58   | 0.19%             | 2028-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAJ3<br>LEI: N/A                  | Long             | DBT              |  | US        |    7275000 | PA      | $5529000.00    | 0.08%             | 2029-08-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAC9<br>LEI: N/A                  | Long             | DBT              |  | US        |    5949000 | PA      | $5778958.54    | 0.08%             | 2027-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ESAB CORP                                      | Esab Corp                                                                        | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |    5857000 | PA      | $5988393.01    | 0.09%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   10300000 | PA      | $9384845.00    | 0.14%             | 2030-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8303000 | PA      | $8099742.56    | 0.12%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP                        | Gulfport Energy Operating Corp                                                   | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |    5615000 | PA      | $5709125.93    | 0.08%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                                | CUSIP: 44984WAH0<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    3465000 | PA      | $3414479.61    | 0.05%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AJ4<br>LEI: N/A                  | Long             | DBT              |  | US        |    3548000 | PA      | $3658112.18    | 0.05%             | 2028-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    4312000 | PA      | $4228032.42    | 0.06%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| VM CONSOLIDATED INC                            | VM Consolidated Inc                                                              | CUSIP: 91835HAA0<br>LEI: 549300GCTGJLEBXJUK89 | Long             | DBT              | CORP              | US        |    3060000 | PA      | $3016551.37    | 0.04%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ROCKIES EXPRESS PIPELINE                       | Rockies Express Pipeline LLC                                                     | CUSIP: 77340RAR8<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |    4275000 | PA      | $4188957.08    | 0.06%             | 2029-07-15      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                            | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        | 1211589670 | NS      | $1212074306.35 | 17.56%            |  |  |  | No            |                  1 | On Loan: No      |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAK9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7590000 | PA      | $7851670.56    | 0.11%             | 2029-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAY1<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    4346000 | PA      | $4272161.46    | 0.06%             | 2027-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAC9<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    3590000 | PA      | $3673824.35    | 0.05%             | 2030-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| JACOBS ENTERTAINMENT INC                       | Jacobs Entertainment Inc                                                         | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |    4158000 | PA      | $4052308.63    | 0.06%             | 2029-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BT7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4745000 | PA      | $4501818.75    | 0.07%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BM5<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |    6460000 | PA      | $6290425.00    | 0.09%             | 2027-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   22380000 | PA      | $21266371.20   | 0.31%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC                             | Crown Americas LLC                                                               | CUSIP: 228180AB1<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |    4055000 | PA      | $4099717.73    | 0.06%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AE0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    5445000 | PA      | $5731499.57    | 0.08%             | 2030-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SENSATA TECH INC                               | Sensata Technologies Inc                                                         | CUSIP: 81728UAA2<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |    3455000 | PA      | $3301977.36    | 0.05%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    6016000 | PA      | $6012596.15    | 0.09%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAG6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    4525000 | PA      | $4473886.51    | 0.06%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROCS INC                                      | Crocs Inc                                                                        | CUSIP: 227046AA7<br>LEI: 549300B0J6YCXD63OG72 | Long             | DBT              | CORP              | US        |    2917000 | PA      | $2776964.75    | 0.04%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                              | CUSIP: 654922AB9<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    5770000 | PA      | $5949471.23    | 0.09%             | 2030-07-17      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                                   | US Foods Inc                                                                     | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    7555000 | PA      | $7386221.30    | 0.11%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| US ACUTE CARE SOLUTIONS                        | US Acute Care Solutions LLC                                                      | CUSIP: 90367UAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7993000 | PA      | $8161623.53    | 0.12%             | 2029-05-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| BRIGHTLINE EAST LLC                            | Brightline East LLC                                                              | CUSIP: 093536AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10625000 | PA      | $6906250.00    | 0.10%             | 2030-01-31      | Fixed         | 11.00%                | No            |                  2 | On Loan: —       |
| SCIH SALT HOLDINGS INC                         | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5787000 | PA      | $5718528.22    | 0.08%             | 2029-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| TRINITY INDUSTRIES INC                         | Trinity Industries Inc                                                           | CUSIP: 896522AJ8<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | DBT              | CORP              | US        |    5075000 | PA      | $5283582.50    | 0.08%             | 2028-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| XHR LP                                         | XHR LP                                                                           | CUSIP: 98372MAE5<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |    3070000 | PA      | $3120440.10    | 0.05%             | 2030-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| USA COM PART/USA COM FIN                       | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAG3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8415000 | PA      | $8605644.35    | 0.12%             | 2029-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| FRST STU BID/FRST TRANS                        | First Student Bidco Inc / First Transit Parent Inc                               | CUSIP: 337120AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6461000 | PA      | $6100346.98    | 0.09%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| MEDLINE BORROWER/MEDL CO                       | Medline Borrower LP/Medline Co-Issuer Inc                                        | CUSIP: 58506DAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12460000 | PA      | $12707836.88   | 0.18%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CITGO PETROLEUM CORP                           | CITGO Petroleum Corp                                                             | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    7635000 | PA      | $7941058.14    | 0.12%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    5820000 | PA      | $5238000.00    | 0.08%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| CAESARS ENTERTAIN INC                          | Caesars Entertainment Inc                                                        | CUSIP: 12769GAB6<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |   16740000 | PA      | $17195118.75   | 0.25%             | 2030-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                                 | CUSIP: 911365BG8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   13301000 | PA      | $13246555.02   | 0.19%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| MAXIM CRANE WORKS LLC                          | Maxim Crane Works Holdings Capital LLC                                           | CUSIP: 57779EAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4220000 | PA      | $4481238.68    | 0.06%             | 2028-09-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: —       |
| Fluor Corp                                     | Fluor Corp                                                                       | CUSIP: 343412AF9<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | DBT              | CORP              | US        |    4777000 | PA      | $4697953.07    | 0.07%             | 2028-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AH0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5800000 | PA      | $5893838.20    | 0.09%             | 2028-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                 | Constellium SE                                                                   | CUSIP: 21039CAB0<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    4205000 | PA      | $3945088.95    | 0.06%             | 2029-04-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| NuStar Logistics LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAE5<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |    4895000 | PA      | $4909685.00    | 0.07%             | 2027-04-28      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AF2<br>LEI: N/A                  | Long             | DBT              |  | US        |    5670000 | PA      | $5617294.52    | 0.08%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9935000 | PA      | $9975435.45    | 0.14%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALCOA NEDERLAND HOLDING                        | Alcoa Nederland Holding BV                                                       | CUSIP: 013822AG6<br>LEI: 5493000UL1QLQLT1VQ42 | Long             | DBT              | CORP              | NL        |    4021000 | PA      | $3828990.01    | 0.06%             | 2029-03-31      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    3265000 | PA      | $3571634.43    | 0.05%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Jeld-Wen Inc                                   | JELD-WEN Inc                                                                     | CUSIP: 475795AD2<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |    3490000 | PA      | $3306501.73    | 0.05%             | 2027-12-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    6920000 | PA      | $6592650.09    | 0.10%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    3675000 | PA      | $3613983.61    | 0.05%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAH2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   12142000 | PA      | $11685582.22   | 0.17%             | 2028-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS                       | Wyndham Hotels & Resorts Inc                                                     | CUSIP: 98311AAB1<br>LEI: 549300FE3MQ4RVXXC673 | Long             | DBT              | CORP              | US        |    4419000 | PA      | $4298996.75    | 0.06%             | 2028-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| OLIN CORP                                      | Olin Corp                                                                        | CUSIP: 680665AL0<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    5525000 | PA      | $5451672.75    | 0.08%             | 2029-08-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| PRIME HEALTHCARE SERVICE                       | Prime Healthcare Services Inc                                                    | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   12205000 | PA      | $12128718.75   | 0.18%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| SM ENERGY CO                                   | SM Energy Co                                                                     | CUSIP: 78454LAX8<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    6412000 | PA      | $6406399.12    | 0.09%             | 2029-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| WYNN RESORTS FINANCE LLC                       | Wynn Resorts Finance LLC / Wynn Resorts Capital Corp                             | CUSIP: 983133AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6327000 | PA      | $6281705.01    | 0.09%             | 2029-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HLDGS GR                       | Newfold Digital Holdings Group Inc                                               | CUSIP: 29279XAA8<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    5489000 | PA      | $3308220.30    | 0.05%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VALARIS LTD                                    | Valaris Ltd                                                                      | CUSIP: 91889FAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    8635000 | PA      | $8923951.28    | 0.13%             | 2030-04-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: —       |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAN8<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    3519000 | PA      | $3542647.68    | 0.05%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                  | CUSIP: 19416MAB5<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |    5955000 | PA      | $5960067.71    | 0.09%             | 2029-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                        | Light & Wonder International Inc                                                 | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    4170000 | PA      | $4281382.37    | 0.06%             | 2029-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SITIO ROYAL OP / SIT FIN                       | Sitio Royalties Operating Partnership LP / Sitio Finance Corp                    | CUSIP: 82983MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5020000 | PA      | $5236487.50    | 0.08%             | 2028-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    7145000 | PA      | $7006815.70    | 0.10%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| DORNOCH DEBT MERGER SUB                        | Dornoch Debt Merger Sub Inc                                                      | CUSIP: 25830JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5482000 | PA      | $4353188.77    | 0.06%             | 2029-10-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   16745000 | PA      | $12809925.00   | 0.19%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    8297000 | PA      | $8521952.41    | 0.12%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KODIAK GAS SERVICES LLC                        | Kodiak Gas Services LLC                                                          | CUSIP: 50012LAC8<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |    6470000 | PA      | $6645267.77    | 0.10%             | 2029-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| TRIVIUM PACKAGING FIN                          | Trivium Packaging Finance BV                                                     | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    4540000 | PA      | $4776647.50    | 0.07%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAC7<br>LEI: N/A                  | Long             | DBT              |  | US        |    6078000 | PA      | $5851816.35    | 0.08%             | 2029-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11555000 | PA      | $8579587.50    | 0.12%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CARS.COM INC                                   | Cars.com Inc                                                                     | CUSIP: 14575EAA3<br>LEI: 5493002G6J07LNGX4M98 | Long             | DBT              | CORP              | US        |    3082000 | PA      | $3070442.50    | 0.04%             | 2028-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| MALLINCKRODT FIN/SB                            | Mallinckrodt International Finance SA / Mallinckrodt CB LLC                      | CUSIP: 561233AN7<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    1337153 | PA      | $1375837.10    | 0.02%             | 2028-11-14      | Fixed         | 14.75%                | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                          | Williams Scotsman Inc                                                            | CUSIP: 96949VAM5<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    4050000 | PA      | $4152380.76    | 0.06%             | 2029-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    3801000 | PA      | $3430402.50    | 0.05%             | 2026-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NABORS INDUSTRIES LTD                          | Nabors Industries Ltd                                                            | CUSIP: 629571AB6<br>LEI: 5493008TXYN3II3PU369 | Long             | DBT              | CORP              | BM        |    3070000 | PA      | $2833364.40    | 0.04%             | 2028-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| VISTRA OPERATIONS CO LLC                       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   10208000 | PA      | $9885172.00    | 0.14%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AZ9<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    7975000 | PA      | $8126025.77    | 0.12%             | 2029-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Olin Corp                                      | Olin Corp                                                                        | CUSIP: 680665AK2<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |    4200000 | PA      | $4021290.00    | 0.06%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| W & T OFFSHORE INC                             | W&T Offshore Inc                                                                 | CUSIP: 92922PAN6<br>LEI: 549300Q7EOY2YIO3YK85 | Long             | DBT              | CORP              | US        |    2727000 | PA      | $2491449.92    | 0.04%             | 2029-02-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    3496000 | PA      | $3452300.00    | 0.05%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AL4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    2260000 | PA      | $2262825.00    | 0.03%             | 2030-05-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| OT MIDCO LTD                                   | OT Midco Ltd                                                                     | CUSIP: 68877AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5210000 | PA      | $4292519.00    | 0.06%             | 2030-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    6090000 | PA      | $5608890.00    | 0.08%             | 2028-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| ANGI GROUP LLC                                 | ANGI Group LLC                                                                   | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4422000 | PA      | $4115272.39    | 0.06%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   12570000 | PA      | $12915675.00   | 0.19%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                          | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAA7<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    3871000 | PA      | $3826669.70    | 0.06%             | 2027-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   11378000 | PA      | $11261147.94   | 0.16%             | 2027-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| TGS ASA                                        | TGS ASA                                                                          | CUSIP: 87243KAA7<br>LEI: 549300NUPLAXPB0WYH90 | Long             | DBT              | CORP              | NO        |    3968000 | PA      | $4058391.83    | 0.06%             | 2030-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5400000 | PA      | $5214527.82    | 0.08%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AW8<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    6435000 | PA      | $6909581.25    | 0.10%             | 2029-08-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                                  | DISH DBS Corp                                                                    | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   15350000 | PA      | $13656442.18   | 0.20%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD                        | Perenti Finance Pty Ltd                                                          | CUSIP: 71367VAB5<br>LEI: 894500ZDIIAOXSQHE612 | Long             | DBT              | CORP              | AU        |    2935000 | PA      | $3032794.20    | 0.04%             | 2029-04-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM                       | Advanced Drainage Systems Inc                                                    | CUSIP: 00790RAA2<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |    3067000 | PA      | $3037940.18    | 0.04%             | 2027-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NESCO HOLDINGS II INC                          | NESCO Holdings II Inc                                                            | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |    7517000 | PA      | $7329075.00    | 0.11%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                              | CUSIP: 654744AC5<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |   19490000 | PA      | $18942670.13   | 0.27%             | 2027-09-17      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| COBRA ACQUISITIONCO LLC                        | Cobra AcquisitionCo LLC                                                          | CUSIP: 19106CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3180000 | PA      | $2776298.36    | 0.04%             | 2029-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| SM ENERGY CO                                   | SM Energy Co                                                                     | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    3210000 | PA      | $3228338.09    | 0.05%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| BURFORD CAPITAL GLBL FIN                       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    2650000 | PA      | $2643447.88    | 0.04%             | 2030-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SEALED AIR/SEALED AIR US                       | Sealed Air Corp/Sealed Air Corp US                                               | CUSIP: 812127AA6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    6783000 | PA      | $6845674.92    | 0.10%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICAL INDU                       | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    4649000 | PA      | $4614392.84    | 0.07%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| CUSHMAN & WAKEFIELD US                         | Cushman & Wakefield US Borrower LLC                                              | CUSIP: 23166MAA1<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |    4405000 | PA      | $4437464.85    | 0.06%             | 2028-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9855000 | PA      | $9860442.92    | 0.14%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CAMELOT FINANCE SA                             | Camelot Finance SA                                                               | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    1531000 | PA      | $1513265.97    | 0.02%             | 2026-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| SMYRNA READY MIX CONCRET                       | Smyrna Ready Mix Concrete LLC                                                    | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |    8762000 | PA      | $8723300.87    | 0.13%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                               | Getty Images Inc                                                                 | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |    4250000 | PA      | $4069375.00    | 0.06%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: —       |
| AXON ENTERPRISE INC                            | Axon Enterprise Inc                                                              | CUSIP: 05464CAC5<br>LEI: 549300QP2IEEGFE16681 | Long             | DBT              | CORP              | US        |    7490000 | PA      | $7666388.75    | 0.11%             | 2030-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| ENVIRI CORP                                    | Enviri Corp                                                                      | CUSIP: 415864AM9<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | DBT              | CORP              | US        |    4061000 | PA      | $3996212.02    | 0.06%             | 2027-07-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| SGUS LLC                                       | SGUS LLC                                                                         | CUSIP: 81880AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3919324 | PA      | $3662567.75    | 0.05%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AJ6<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    5825000 | PA      | $3728000.00    | 0.05%             | 2030-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAD1<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    9375000 | PA      | $8932461.56    | 0.13%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDB3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   11731000 | PA      | $11690179.64   | 0.17%             | 2027-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AV4<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    8310000 | PA      | $7692030.17    | 0.11%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 01309QAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6280000 | PA      | $6381233.60    | 0.09%             | 2028-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| CNX MIDSTREAM PART LP                          | CNX Midstream Partners LP                                                        | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3505000 | PA      | $3319360.13    | 0.05%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NORDSTROM INC                                  | Nordstrom Inc                                                                    | CUSIP: 655664AT7<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    4350000 | PA      | $3966014.63    | 0.06%             | 2030-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                | Madison IAQ LLC                                                                  | CUSIP: 55760LAB3<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    8515000 | PA      | $8287952.63    | 0.12%             | 2029-06-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TREEHOUSE FOODS INC                            | TreeHouse Foods Inc                                                              | CUSIP: 89469AAD6<br>LEI: 5493007M7EVHE470Q576 | Long             | DBT              | CORP              | US        |    4236000 | PA      | $3912971.11    | 0.06%             | 2028-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAA8<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    6252000 | PA      | $6135556.50    | 0.09%             | 2028-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| ABC SUPPLY CO INC                              | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AF4<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |    5762000 | PA      | $5608806.28    | 0.08%             | 2028-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBJ6<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   16507000 | PA      | $15717945.59   | 0.23%             | 2028-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARCHES BUYER INC                               | Arches Buyer Inc                                                                 | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    4085000 | PA      | $3849346.56    | 0.06%             | 2028-12-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION INSURC INC                       | Constellation Insurance Inc                                                      | CUSIP: 67740QAH9<br>LEI: 549300K609B872PZT291 | Long             | DBT              | CORP              | US        |    1705000 | PA      | $1681433.32    | 0.02%             | 2030-01-24      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| NEWMARK GROUP INC                              | Newmark Group Inc                                                                | CUSIP: 65158NAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3770000 | PA      | $4003565.07    | 0.06%             | 2029-01-12      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| OPTION CARE HEALTH INC                         | Option Care Health Inc                                                           | CUSIP: 68404LAA0<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | DBT              | CORP              | US        |    4475000 | PA      | $4262996.88    | 0.06%             | 2029-10-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CY6<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    6281000 | PA      | $6271611.16    | 0.09%             | 2029-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAJ5<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    3192000 | PA      | $3184020.00    | 0.05%             | 2029-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| LCPR SR SECURED FIN DAC                        | LCPR Senior Secured Financing DAC                                                | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |    9010000 | PA      | $6915175.00    | 0.10%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    7052000 | PA      | $7024012.73    | 0.10%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                            | Silgan Holdings Inc                                                              | CUSIP: 827048AW9<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    4655000 | PA      | $4529969.49    | 0.07%             | 2028-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| COMMSCOPE LLC                                  | CommScope LLC                                                                    | CUSIP: 20338QAA1<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    7810000 | PA      | $7823933.82    | 0.11%             | 2027-03-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DB2<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |    7375000 | PA      | $5204654.76    | 0.08%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| TUTOR PERINI CORP                              | Tutor Perini Corp                                                                | CUSIP: 901109AG3<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |    3195000 | PA      | $3589039.03    | 0.05%             | 2029-04-30      | Fixed         | 11.88%                | No            |                  2 | On Loan: —       |
| DOMTAR CORP                                    | Domtar Corp                                                                      | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |    5209000 | PA      | $4538669.94    | 0.07%             | 2028-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OXFORD FIN LLC/CO-ISS II                       | Oxford Finance LLC / Oxford Finance Co-Issuer II Inc                             | CUSIP: 69145LAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2863000 | PA      | $2860178.80    | 0.04%             | 2027-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAE6<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    5840000 | PA      | $6118860.00    | 0.09%             | 2028-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| RYAN SPECIALTY GROUP                           | Ryan Specialty LLC                                                               | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    3250000 | PA      | $3116813.05    | 0.05%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AY8<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   12195000 | PA      | $12530736.89   | 0.18%             | 2028-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MRT MID PART/MRT MID FIN                       | Martin Midstream Partners LP / Martin Midstream Finance Corp                     | CUSIP: 573334AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3391000 | PA      | $3590560.35    | 0.05%             | 2028-02-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAH8<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    9412000 | PA      | $9047285.00    | 0.13%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAA4<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    4742000 | PA      | $5014258.14    | 0.07%             | 2028-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| WEST TECHNOLOGY GRP LLC                        | West Technology Group LLC                                                        | CUSIP: 956187AA6<br>LEI: 5493005Z5DB0O5S30R71 | Long             | DBT              | CORP              | US        |    3383000 | PA      | $945819.14     | 0.01%             | 2027-04-10      | Fixed         | 8.50%                 | No            |                  3 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                                  | CUSIP: 55342UAH7<br>LEI: N/A                  | Long             | DBT              |  | US        |   11681000 | PA      | $10717317.50   | 0.16%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| FIRSTCASH INC                                  | FirstCash Inc                                                                    | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |    4410000 | PA      | $4308776.39    | 0.06%             | 2028-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REWORLD HOLDING CORP                           | Reworld Holding Corp                                                             | CUSIP: 22303XAA3<br>LEI: 40XIFLS8XDQGGHGPGC04 | Long             | DBT              | CORP              | US        |    6145000 | PA      | $5861370.15    | 0.08%             | 2029-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AK7<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    2705000 | PA      | $2542698.65    | 0.04%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DEALER TIRE LLC/DT ISSR                        | Dealer Tire LLC / DT Issuer LLC                                                  | CUSIP: 24229JAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4375000 | PA      | $4280545.50    | 0.06%             | 2028-02-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| SUNRISE HOLDCO IV BV                           | Sunrise HoldCo IV BV                                                             | CUSIP: 90320LAG2<br>LEI: 213800G1DU7LKI6ZCD69 | Long             | DBT              | CORP              | NL        |    3535000 | PA      | $3513574.01    | 0.05%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7960000 | PA      | $7763941.22    | 0.11%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| OSCAR ACQUISITIONCO LLC                        | Oscar AcquisitionCo LLC / Oscar Finance Inc                                      | CUSIP: 687785AB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4840000 | PA      | $3680154.50    | 0.05%             | 2030-04-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| DPL INC                                        | DPL Inc                                                                          | CUSIP: 233293AQ2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3112000 | PA      | $3038090.00    | 0.04%             | 2029-04-15      | Fixed         | 4.35%                 | No            |                  2 | On Loan: —       |
| ASSUREDPARTNERS INC                            | AssuredPartners Inc                                                              | CUSIP: 04624VAB5<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |    4730000 | PA      | $4721155.85    | 0.07%             | 2029-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ITHACA ENERGY NORTH                            | Ithaca Energy North Sea PLC                                                      | CUSIP: 46567TAC8<br>LEI: 213800BMMUN3AKWBIO91 | Long             | DBT              | CORP              | GB        |    5708000 | PA      | $5894336.52    | 0.09%             | 2029-10-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| CORELOGIC INC                                  | CoreLogic Inc                                                                    | CUSIP: 21871DAD5<br>LEI: 54930086CD8K2UIL0516 | Long             | DBT              | CORP              | US        |    6475000 | PA      | $6106281.13    | 0.09%             | 2028-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    5654000 | PA      | $5562122.50    | 0.08%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Nordstrom Inc                                  | Nordstrom Inc                                                                    | CUSIP: 655664AS9<br>LEI: 549300S3IZB5P35KNV16 | Long             | DBT              | CORP              | US        |    2998000 | PA      | $2934203.16    | 0.04%             | 2027-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                             | CP Atlas Buyer Inc                                                               | CUSIP: 12597YAD1<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |    3860000 | PA      | $3669406.71    | 0.05%             | 2031-01-15      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| Under Armour Inc                               | Under Armour Inc                                                                 | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |    4618000 | PA      | $4542957.50    | 0.07%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| RR DONNELLEY & SONS CO                         | RR Donnelley & Sons Co                                                           | CUSIP: 257867BK6<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    4025000 | PA      | $3913507.50    | 0.06%             | 2029-08-01      | Fixed         | 10.88%                | No            |                  2 | On Loan: —       |
| SEALED AIR CORP                                | Sealed Air Corp                                                                  | CUSIP: 81211KAY6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    3604000 | PA      | $3499790.34    | 0.05%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    3942000 | PA      | $3950416.17    | 0.06%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| AMERIGAS PART/FIN CORP                         | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AP9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4690000 | PA      | $4924500.00    | 0.07%             | 2030-06-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| USA COM PART/USA COM FIN                       | USA Compression Partners LP / USA Compression Finance Corp                       | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6631000 | PA      | $6628692.41    | 0.10%             | 2027-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL PART/GLP FINANCE                        | Global Partners LP / GLP Finance Corp                                            | CUSIP: 37954FAJ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3095000 | PA      | $3140284.80    | 0.05%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAD5<br>LEI: N/A                  | Long             | DBT              |  | US        |    4745000 | PA      | $4847314.06    | 0.07%             | 2030-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                         | Blackstone Mortgage Trust Inc                                                    | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              |  | US        |    3617000 | PA      | $3824327.53    | 0.06%             | 2029-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5470000 | PA      | $5455231.00    | 0.08%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| CHOBANI HOLDCO II LLC                          | Chobani Holdco II LLC                                                            | CUSIP: 169918AA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4656574 | PA      | $4988791.68    | 0.07%             | 2029-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CD&R SMOKEY / RADIO SYS                        | CD&R Smokey Buyer Inc / Radio Systems Corp                                       | CUSIP: 12515KAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6370000 | PA      | $5294447.80    | 0.08%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5200000 | PA      | $5249514.92    | 0.08%             | 2028-02-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ENERGIZER HOLDINGS INC                         | Energizer Holdings Inc                                                           | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    6865000 | PA      | $6509489.80    | 0.09%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168AAA8<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    5476000 | PA      | $5161130.00    | 0.07%             | 2027-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    9970000 | PA      | $10308361.86   | 0.15%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   20238000 | PA      | $19023720.00   | 0.28%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STRATHCONA RESOURCES                           | Strathcona Resources Ltd/Alberta                                                 | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |    3995000 | PA      | $3999960.59    | 0.06%             | 2026-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    7090000 | PA      | $7093217.44    | 0.10%             | 2029-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| VICTORIA'S SECRET & CO                         | Victoria's Secret & Co                                                           | CUSIP: 926400AA0<br>LEI: 5493006T3O70U3UWVF17 | Long             | DBT              | CORP              | US        |    5207000 | PA      | $4847698.25    | 0.07%             | 2029-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| TRI POINTE HOMES INC                           | Tri Pointe Homes Inc                                                             | CUSIP: 87265HAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2950000 | PA      | $2981050.82    | 0.04%             | 2028-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5730000 | PA      | $5729761.06    | 0.08%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BCPE ULYSSES INTERMEDIAT                       | BCPE Ulysses Intermediate Inc                                                    | CUSIP: 05553LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3320000 | PA      | $3320000.00    | 0.05%             | 2027-04-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| KEDRION SPA                                    | Kedrion SpA                                                                      | CUSIP: 49272YAB9<br>LEI: 81560047FA58E1BEDF67 | Long             | DBT              | CORP              | IT        |    6815000 | PA      | $6619068.75    | 0.10%             | 2029-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| SAKS GLOBAL ENTERPRS LLC                       | Saks Global Enterprises LLC                                                      | CUSIP: 79380MAA3<br>LEI: 5493007HQSJGRH78Q684 | Long             | DBT              | CORP              | US        |   13651000 | PA      | $3071475.00    | 0.04%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| LD HOLDINGS GROUP LLC                          | LD Holdings Group LLC                                                            | CUSIP: 521088AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4355000 | PA      | $3734412.50    | 0.05%             | 2028-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| CAMELOT RETURN MERGER SU                       | Camelot Return Merger Sub Inc                                                    | CUSIP: 13323NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5525000 | PA      | $5062391.75    | 0.07%             | 2028-08-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| SPECIALTY BUILDING PRODU                       | Specialty Building Products Holdings LLC / SBP Finance Corp                      | CUSIP: 84749AAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4150000 | PA      | $4056915.50    | 0.06%             | 2029-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| ASTON MARTIN CAPITAL HOL                       | Aston Martin Capital Holdings Ltd                                                | CUSIP: 04625HAJ8<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |    8515000 | PA      | $8095976.85    | 0.12%             | 2029-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| AMERIGAS PART/FIN CORP                         | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AM6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3952000 | PA      | $4067694.80    | 0.06%             | 2028-06-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: —       |
| LSB INDUSTRIES                                 | LSB Industries Inc                                                               | CUSIP: 502160AN4<br>LEI: 5493001H215A0HG0MI71 | Long             | DBT              | CORP              | US        |    4161000 | PA      | $4088874.06    | 0.06%             | 2028-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| GRAND CANYON UNIVERSITY                        | Grand Canyon University                                                          | CUSIP: 38528UAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3040000 | PA      | $2938560.67    | 0.04%             | 2028-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| MIDCAP FINANCIAL ISSR TR                       | Midcap Financial Issuer Trust                                                    | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8565000 | PA      | $8489114.10    | 0.12%             | 2028-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAD9<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    5790000 | PA      | $5756791.46    | 0.08%             | 2028-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                           | Garda World Security Corp                                                        | CUSIP: 36485MAK5<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    5188000 | PA      | $5136481.60    | 0.07%             | 2027-02-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| HUNT COS INC                                   | Hunt Cos Inc                                                                     | CUSIP: 445587AE8<br>LEI: 549300ODPWDNCH5TKM49 | Long             | DBT              | CORP              | US        |    5195000 | PA      | $5092429.92    | 0.07%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| 180 MEDICAL INC                                | 180 Medical Inc                                                                  | CUSIP: 682357AA6<br>LEI: 254900ZB648OPWVFVX59 | Long             | DBT              | CORP              | US        |    3385000 | PA      | $3203613.08    | 0.05%             | 2029-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| LAMB WESTON HLD                                | Lamb Weston Holdings Inc                                                         | CUSIP: 513272AC8<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |    4390000 | PA      | $4335125.00    | 0.06%             | 2028-05-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MILLENNIUM ESCROW CORP                         | Millennium Escrow Corp                                                           | CUSIP: 60041CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5679000 | PA      | $5369039.04    | 0.08%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                                         | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   30565000 | PA      | $31634775.00   | 0.46%             | 2029-09-30      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| NOVA CHEMICALS CORP                            | NOVA Chemicals Corp                                                              | CUSIP: 66977WAU3<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |    5005000 | PA      | $5377985.61    | 0.08%             | 2030-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Churchill Downs Inc                            | Churchill Downs Inc                                                              | CUSIP: 171484AG3<br>LEI: 529900FODTBQC8MIS994 | Long             | DBT              | CORP              | US        |    5290000 | PA      | $5282814.06    | 0.08%             | 2027-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| STUDIO CITY CO LTD                             | Studio City Co Ltd                                                               | CUSIP: 86400GAC3<br>LEI: 984500V5401EFT095A58 | Long             | DBT              | CORP              | VG        |    2599000 | PA      | $2617865.62    | 0.04%             | 2027-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| TRUENOORD CAPITAL DAC                          | TrueNoord Capital DAC                                                            | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    3105000 | PA      | $3221822.21    | 0.05%             | 2030-03-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                                            | CUSIP: 57763RAD9<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   19560000 | PA      | $19739756.40   | 0.29%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AQ7<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   10960000 | PA      | $10469555.34   | 0.15%             | 2030-04-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ASHTON WOODS USA/FINANCE                       | Ashton Woods USA LLC / Ashton Woods Finance Co                                   | CUSIP: 045086AP0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3050000 | PA      | $2867078.69    | 0.04%             | 2030-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                        | INEOS Quattro Finance 2 Plc                                                      | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    2325000 | PA      | $2358875.25    | 0.03%             | 2029-03-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: —       |
| Viking Cruises Ltd                             | Viking Cruises Ltd                                                               | CUSIP: 92676XAD9<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |    7206000 | PA      | $7197483.95    | 0.10%             | 2027-09-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| GRAPHIC PACKAGING INTERN                       | Graphic Packaging International LLC                                              | CUSIP: 38869AAD9<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |    3330000 | PA      | $3111765.45    | 0.05%             | 2030-02-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| FOOT LOCKER INC                                | Foot Locker Inc                                                                  | CUSIP: 344849AA2<br>LEI: 549300X383CBNP6MTV94 | Long             | DBT              | CORP              | US        |    3222000 | PA      | $3031740.90    | 0.04%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CVR PARTNERS/CVR NITROGE                       | CVR Partners LP / CVR Nitrogen Finance Corp                                      | CUSIP: 12663QAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4786000 | PA      | $4753869.19    | 0.07%             | 2028-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AU5<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    4060000 | PA      | $3972034.82    | 0.06%             | 2028-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOEASY LTD                                     | goeasy Ltd                                                                       | CUSIP: 380355AH0<br>LEI: 5493009DJVZG2P8YV435 | Long             | DBT              | CORP              | CA        |    4455000 | PA      | $4717132.20    | 0.07%             | 2028-12-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137WAL2<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    5870000 | PA      | $5627006.65    | 0.08%             | 2030-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| LOUISIANA-PACIFIC CORP                         | Louisiana-Pacific Corp                                                           | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |    2722000 | PA      | $2590252.48    | 0.04%             | 2029-03-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CE0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    5767000 | PA      | $5785702.96    | 0.08%             | 2028-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HOLOGIC INC                                    | Hologic Inc                                                                      | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    7156000 | PA      | $6777447.60    | 0.10%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| ANTERO MIDSTREAM PART/FI                       | Antero Midstream Partners LP / Antero Midstream Finance Corp                     | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6380000 | PA      | $6322069.60    | 0.09%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Hologic Inc                                    | Hologic Inc                                                                      | CUSIP: 436440AM3<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |    3787000 | PA      | $3733570.73    | 0.05%             | 2028-02-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                   | SM Energy Co                                                                     | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    3296000 | PA      | $3304108.16    | 0.05%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| MUELLER WATER PRODUCTS                         | Mueller Water Products Inc                                                       | CUSIP: 624758AF5<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | DBT              | CORP              | US        |    3632000 | PA      | $3475433.20    | 0.05%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |    2810000 | PA      | $2780185.90    | 0.04%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                          | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AS5<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |    3625000 | PA      | $3478976.66    | 0.05%             | 2029-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| B&G FOODS INC                                  | B&G Foods Inc                                                                    | CUSIP: 05508WAB1<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    4337000 | PA      | $3854152.25    | 0.06%             | 2027-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| OWENS & MINOR INC                              | Owens & Minor Inc                                                                | CUSIP: 690732AG7<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    4375000 | PA      | $3939425.00    | 0.06%             | 2030-04-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| ANYWHERE RE GRP/REALOGY                        | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                          | CUSIP: 75606DAQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3480000 | PA      | $2889966.00    | 0.04%             | 2030-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| SHEA HOMES LP/FNDG CP                          | Shea Homes LP / Shea Homes Funding Corp                                          | CUSIP: 82088KAK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3937000 | PA      | $3845048.61    | 0.06%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                   | ams-OSRAM AG                                                                     | CUSIP: 03217CAB2<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |    2969000 | PA      | $3201738.13    | 0.05%             | 2029-03-30      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                       | CUSIP: 853496AD9<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    8205000 | PA      | $8099727.39    | 0.12%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO                         | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC                   | CUSIP: 48250NAC9<br>LEI: 549300G2LG4YUB3MM115 | Long             | DBT              | CORP              | US        |    5047000 | PA      | $5020074.26    | 0.07%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| POPULAR INC                                    | Popular Inc                                                                      | CUSIP: 733174AL0<br>LEI: 5493008CARDZMVQ3LO89 | Long             | DBT              | CORP              | PR        |    2965000 | PA      | $3102131.25    | 0.04%             | 2028-03-13      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AX7<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    4175000 | PA      | $4054731.61    | 0.06%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BC9<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    3951000 | PA      | $3992050.89    | 0.06%             | 2027-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4055000 | PA      | $4232477.62    | 0.06%             | 2029-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    6402000 | PA      | $6151423.80    | 0.09%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ARBOR REALTY SR INC                            | Arbor Realty SR Inc                                                              | CUSIP: 03881NAJ6<br>LEI: 549300TW7RTL2CI3CN08 | Long             | DBT              |  | US        |    1765000 | PA      | $1804712.50    | 0.03%             | 2030-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAZ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5695000 | PA      | $5464181.65    | 0.08%             | 2030-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   23715000 | PA      | $25849350.00   | 0.37%             | 2029-02-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Amkor Technology Inc                           | Amkor Technology Inc                                                             | CUSIP: 031652BK5<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |    2799000 | PA      | $2802936.23    | 0.04%             | 2027-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| LINDBLAD EXPEDITIONS LLC                       | Lindblad Expeditions LLC                                                         | CUSIP: 53523LAA8<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |    3037000 | PA      | $3042252.49    | 0.04%             | 2027-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SOMNIGROUP INTL INC                            | Somnigroup International Inc                                                     | CUSIP: 88023UAH4<br>LEI: 549300HFEKVR3US71V91 | Long             | DBT              | CORP              | US        |    6811000 | PA      | $6470450.00    | 0.09%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| FTAI INFRA ESC HLDGS LLC                       | FTAI Infra Escrow Holdings LLC                                                   | CUSIP: 30327TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4701000 | PA      | $4846919.04    | 0.07%             | 2027-06-01      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| NEWFOLD DIGITAL HLDGS GR                       | Newfold Digital Holdings Group Inc                                               | CUSIP: 650929AA0<br>LEI: 549300UTQC2651SB0W88 | Long             | DBT              | CORP              | US        |    4040000 | PA      | $2920920.00    | 0.04%             | 2028-10-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |   12721000 | PA      | $12492136.49   | 0.18%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| MIDAS OPCO HOLDINGS LLC                        | Stagwell Global LLC                                                              | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |    9392000 | PA      | $9028060.00    | 0.13%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AM9<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    3250000 | PA      | $2286136.78    | 0.03%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOUNDATION BUILDING M                          | Foundation Building Materials Inc                                                | CUSIP: 350392AA4<br>LEI: 549300ZVE6MONHB01I28 | Long             | DBT              | CORP              | US        |    3252000 | PA      | $3039644.40    | 0.04%             | 2029-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| HERC HOLDINGS INC                              | Herc Holdings Inc                                                                | CUSIP: 42704LAA2<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |    9337000 | PA      | $9300865.81    | 0.13%             | 2027-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| VIRTUSA CORP                                   | Virtusa Corp                                                                     | CUSIP: 92837TAA0<br>LEI: C77OMXDER63WLJCSKT03 | Long             | DBT              | CORP              | US        |    3027000 | PA      | $2889252.73    | 0.04%             | 2028-12-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| AFFINITY INTERACTIVE                           | Affinity Interactive                                                             | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4380000 | PA      | $2413467.60    | 0.03%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5750000 | PA      | $5486825.95    | 0.08%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| RR DONNELLEY & SONS CO                         | RR Donnelley & Sons Co                                                           | CUSIP: 257867BJ9<br>LEI: SU4X0P4WWRGOQDTSV032 | Long             | DBT              | CORP              | US        |    8809000 | PA      | $9011871.27    | 0.13%             | 2029-08-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                        | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92840JAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    7740000 | PA      | $7314300.00    | 0.11%             | 2030-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BRISTOW GROUP INC                              | Bristow Group Inc                                                                | CUSIP: 11040GAA1<br>LEI: 5493005Q24EN3UC1PV68 | Long             | DBT              | CORP              | US        |    3188000 | PA      | $3201797.66    | 0.05%             | 2028-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                      | IQVIA Inc                                                                        | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    4255000 | PA      | $4388777.20    | 0.06%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VERTIV GROUP CORPORATION                       | Vertiv Group Corp                                                                | CUSIP: 92535UAB0<br>LEI: 549300ZT8RQ5VK10E643 | Long             | DBT              | CORP              | US        |    6960000 | PA      | $6769023.17    | 0.10%             | 2028-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| KB HOME                                        | KB Home                                                                          | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |    2350000 | PA      | $2418150.00    | 0.04%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC                           | Sonic Automotive Inc                                                             | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |    5587000 | PA      | $5376815.38    | 0.08%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SYNAPTICS INC                                  | Synaptics Inc                                                                    | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |    3142000 | PA      | $2964615.25    | 0.04%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| BWX TECHNOLOGIES INC                           | BWX Technologies Inc                                                             | CUSIP: 05605HAC4<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |    3201000 | PA      | $3072960.00    | 0.04%             | 2029-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ACADEMY LTD                                    | Academy Ltd                                                                      | CUSIP: 00401YAA8<br>LEI: 549300BN53IR80C35Z14 | Long             | DBT              | CORP              | US        |    2950000 | PA      | $2948787.85    | 0.04%             | 2027-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| PITNEY BOWES INC                               | Pitney Bowes Inc                                                                 | CUSIP: 724479AQ3<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |    3155000 | PA      | $3170065.13    | 0.05%             | 2029-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LIFEPOINT HEALTH INC                           | LifePoint Health Inc                                                             | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |    4417000 | PA      | $4150693.77    | 0.06%             | 2029-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| Brink's Co/The                                 | Brink's Co/The                                                                   | CUSIP: 109696AA2<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    4937000 | PA      | $4853120.37    | 0.07%             | 2027-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAB8<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |    4255000 | PA      | $4131841.58    | 0.06%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| NEOGEN FOOD SAFE CORP                          | Neogen Food Safety Corp                                                          | CUSIP: 365417AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1207000 | PA      | $1219070.00    | 0.02%             | 2030-07-20      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| SM Energy Co                                   | SM Energy Co                                                                     | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |    3617000 | PA      | $3613367.81    | 0.05%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STONEMOR INC                                   | StoneMor Inc                                                                     | CUSIP: 86184WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3105000 | PA      | $2956629.44    | 0.04%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| AZORRA FINANCE                                 | Azorra Finance Ltd                                                               | CUSIP: 05480AAA3<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    4205000 | PA      | $4378456.25    | 0.06%             | 2030-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    9422000 | PA      | $9213317.78    | 0.13%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                         | Comstock Resources Inc                                                           | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    7875000 | PA      | $7416773.44    | 0.11%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    7265000 | PA      | $7419381.25    | 0.11%             | 2029-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAM6<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    5254000 | PA      | $5383661.36    | 0.08%             | 2027-07-15      | Fixed         | 6.67%                 | No            |                  2 | On Loan: No      |
| TEAM HEALTH HOLDINGS INC                       | Team Health Holdings Inc                                                         | CUSIP: 87817AAE7<br>LEI: 549300PVTQ4UDTTMQT11 | Long             | DBT              | CORP              | US        |    1515000 | PA      | $1525226.25    | 0.02%             | 2028-06-30      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                       | Ferrellgas LP / Ferrellgas Finance Corp                                          | CUSIP: 315289AC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7005000 | PA      | $6462112.50    | 0.09%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   12617000 | PA      | $12358603.84   | 0.18%             | 2029-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| PRAIRIE ACQUIROR LP                            | Prairie Acquiror LP                                                              | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |    3485000 | PA      | $3608332.76    | 0.05%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BRANDYWINE OPER PARTNERS                       | Brandywine Operating Partnership LP                                              | CUSIP: 105340AQ6<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |    3840000 | PA      | $3705937.54    | 0.05%             | 2027-11-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN                       | Archrock Partners LP / Archrock Partners Finance Corp                            | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6145000 | PA      | $6151943.85    | 0.09%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BRINKER INTERNATIONAL IN                       | Brinker International Inc                                                        | CUSIP: 109641AK6<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |    2350000 | PA      | $2493937.50    | 0.04%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   12270000 | PA      | $12374049.60   | 0.18%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| COMPASS GROUP DIVERSIFIE                       | Compass Group Diversified Holdings LLC                                           | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |    8205000 | PA      | $7617462.10    | 0.11%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ACADIA HEALTHCARE CO INC                       | Acadia Healthcare Co Inc                                                         | CUSIP: 00404AAN9<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |    3910000 | PA      | $3860030.20    | 0.06%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| PEDIATRIX MEDICAL GROUP                        | Pediatrix Medical Group Inc                                                      | CUSIP: 58502BAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3560000 | PA      | $3489835.60    | 0.05%             | 2030-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| APOLLO CMMRL REAL EST FI                       | Apollo Commercial Real Estate Finance Inc                                        | CUSIP: 03762UAD7<br>LEI: 549300E0AN7M2AQHSY29 | Long             | DBT              |  | US        |    4010000 | PA      | $3808533.59    | 0.06%             | 2029-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| MCLAREN FINANCE PLC                            | Mclaren Finance PLC                                                              | CUSIP: 58175LAA8<br>LEI: 213800BKPDWMWX3GSG36 | Long             | DBT              | CORP              | GB        |    4781000 | PA      | $4791728.56    | 0.07%             | 2026-08-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    7472000 | PA      | $7670966.66    | 0.11%             | 2029-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAG0<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |     750000 | PA      | $744375.00     | 0.01%             | 2027-09-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    5560000 | PA      | $5496060.00    | 0.08%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ZIGGO BOND CO BV                               | Ziggo Bond Co BV                                                                 | CUSIP: 98953GAD7<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    4310000 | PA      | $3759450.51    | 0.05%             | 2030-02-28      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| CLARIOS GLOBAL LP/US FIN                       | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    7770000 | PA      | $8001390.60    | 0.12%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| SIX FLAGS/CANADA WON                           | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AE6<br>LEI: 549300TUVLNQQ6BVKH61 | Long             | DBT              | CORP              | US        |    4352000 | PA      | $4231645.88    | 0.06%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BJ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5402000 | PA      | $5550014.80    | 0.08%             | 2030-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAB2<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              | CORP              | US        |    4082000 | PA      | $3561953.20    | 0.05%             | 2029-04-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: —       |
| UNIVISION COMMUNICATIONS                       | Univision Communications Inc                                                     | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    7025000 | PA      | $6988985.64    | 0.10%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                                 | CUSIP: 92769XAP0<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |   12035000 | PA      | $11751138.88   | 0.17%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11960000 | PA      | $11945050.00   | 0.17%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRINK'S CO/THE                                 | Brink's Co/The                                                                   | CUSIP: 109696AC8<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |    3484000 | PA      | $3571842.79    | 0.05%             | 2029-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                              | Iron Mountain Inc                                                                | CUSIP: 46284VAF8<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    8156000 | PA      | $7970779.69    | 0.12%             | 2029-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAE1<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    3775000 | PA      | $3262543.75    | 0.05%             | 2029-01-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| CONDUENT BUS SERVICES                          | Conduent Business Services LLC / Conduent State & Local Solutions Inc            | CUSIP: 20679LAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4577000 | PA      | $4352086.22    | 0.06%             | 2029-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ROBLOX CORP                                    | ROBLOX Corp                                                                      | CUSIP: 771049AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8360000 | PA      | $7860178.17    | 0.11%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| PARK-OHIO INDUSTRIES INC                       | Park-Ohio Industries Inc                                                         | CUSIP: 700677AS6<br>LEI: 5493006LQUO5SLMNYM18 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2434558.25    | 0.04%             | 2030-08-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PARK INTERMED HOLDINGS                         | Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer | CUSIP: 70052LAB9<br>LEI: N/A                  | Long             | DBT              |  | US        |    6200000 | PA      | $6181896.00    | 0.09%             | 2028-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL INFRASTRUCTURE SO                       | Global Infrastructure Solutions Inc                                              | CUSIP: 37960XAA5<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |    3280000 | PA      | $3267906.97    | 0.05%             | 2029-06-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PHOENIX AVIATION CAPITAL                       | Phoenix Aviation Capital Ltd                                                     | CUSIP: 71910DAA9<br>LEI: 8945008YQAKXZQ3VYJ15 | Long             | DBT              | CORP              | IE        |     200000 | PA      | $209454.00     | 0.00%             | 2030-07-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| JANE STREET GRP/JSG FIN                        | Jane Street Group / JSG Finance Inc                                              | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4570000 | PA      | $4375319.83    | 0.06%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AZORRA FINANCE                                 | Azorra Finance Ltd                                                               | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | KY        |    1860000 | PA      | $1899748.20    | 0.03%             | 2031-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CHAMPIONS FINANCING INC                        | Champions Financing Inc                                                          | CUSIP: 15870LAA6<br>LEI: 391200ZDD75EGEUJ7625 | Long             | DBT              | CORP              | US        |    5185000 | PA      | $4789789.45    | 0.07%             | 2029-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| SCIENCE APPLICATIONS INT                       | Science Applications International Corp                                          | CUSIP: 808625AA5<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | DBT              | CORP              | US        |    3485000 | PA      | $3428609.91    | 0.05%             | 2028-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| KOHL'S CORPORATION                             | Kohl's Corp                                                                      | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |    3515000 | PA      | $3653491.00    | 0.05%             | 2030-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   24450000 | PA      | $24443804.37   | 0.35%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| MGM CHINA HOLDINGS LTD                         | MGM China Holdings Ltd                                                           | CUSIP: 55300RAG6<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    6141000 | PA      | $6090132.25    | 0.09%             | 2027-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAP9<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    4385000 | PA      | $4231981.92    | 0.06%             | 2029-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| ALLIED UNIVERSAL HOLDCO                        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 049362AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    5845000 | PA      | $5680487.80    | 0.08%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                       | Albion Financing 1 SARL / Aggreko Holdings Inc                                   | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   11140000 | PA      | $11474200.00   | 0.17%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                       | Performance Food Group Inc                                                       | CUSIP: 71376LAE0<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    8555000 | PA      | $8223493.75    | 0.12%             | 2029-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 43734LAA4<br>LEI: 549300DQF6YN0E43PM71 | Long             | DBT              | CORP              | US        |    3742000 | PA      | $3732645.00    | 0.05%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3765000 | PA      | $3812086.22    | 0.06%             | 2029-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 02154CAJ2<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    3035000 | PA      | $2783095.00    | 0.04%             | 2027-07-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| CARPENTER TECHNOLOGY                           | Carpenter Technology Corp                                                        | CUSIP: 144285AL7<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |    2842000 | PA      | $2841111.88    | 0.04%             | 2028-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAF3<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    7025000 | PA      | $7230852.17    | 0.10%             | 2030-04-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| WYNN LAS VEGAS LLC/CORP                        | Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp                                 | CUSIP: 983130AX3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7577000 | PA      | $7552374.75    | 0.11%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                             | AMN Healthcare Inc                                                               | CUSIP: 00175PAB9<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |    4220000 | PA      | $4114078.00    | 0.06%             | 2027-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CLARIV SCI HLD CORP                            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7910000 | PA      | $7405737.50    | 0.11%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ENERGIZER HOLDINGS INC                         | Energizer Holdings Inc                                                           | CUSIP: 29272WAC3<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |    5045000 | PA      | $4915289.01    | 0.07%             | 2028-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                             | Rithm Capital Corp                                                               | CUSIP: 64828TAC6<br>LEI: 549300WNTHGEO5LP2G31 | Long             | DBT              |  | US        |    1365000 | PA      | $1383222.75    | 0.02%             | 2030-07-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| SCIH SALT HOLDINGS INC                         | SCIH Salt Holdings Inc                                                           | CUSIP: 78433BAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9270000 | PA      | $9001355.40    | 0.13%             | 2028-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |    7455000 | PA      | $7277198.25    | 0.11%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                       | Virgin Media Finance PLC                                                         | CUSIP: 92769VAJ8<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |     400000 | PA      | $360380.00     | 0.01%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Incora Top Holdco LLC                          | Incora Top Holdco LLC                                                            | CUSIP: 45338U101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     136472 | NS      | $3293069.36    | 0.05%             |  |  |  | No            |                  3 | On Loan: —       |
| RHP HOTEL PPTY/RHP FINAN                       | RHP Hotel Properties LP / RHP Finance Corp                                       | CUSIP: 749571AG0<br>LEI: N/A                  | Long             | DBT              |  | US        |    4935000 | PA      | $4783540.90    | 0.07%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Teleflex Inc                                   | Teleflex Inc                                                                     | CUSIP: 879369AF3<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    4396000 | PA      | $4324081.44    | 0.06%             | 2027-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AMC NETWORKS INC                               | AMC Networks Inc                                                                 | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |     176000 | PA      | $140800.00     | 0.00%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| PBF HOLDING CO LLC                             | PBF Holding Co LLC / PBF Finance Corp                                            | CUSIP: 69318FAJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6655000 | PA      | $6394593.18    | 0.09%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| COMMSCOPE TECH LLC                             | CommScope Technologies LLC                                                       | CUSIP: 20338HAB9<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    6250000 | PA      | $6124398.75    | 0.09%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ELLUCIAN HOLDINGS INC                          | Ellucian Holdings Inc                                                            | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |    5747000 | PA      | $5825733.90    | 0.08%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AMC ENTERTAINMENT HLDGS                        | AMC Entertainment Holdings Inc                                                   | CUSIP: 00165CBA1<br>LEI: 549300ZO77UNR6NRBR11 | Long             | DBT              | CORP              | US        |    6925000 | PA      | $5867526.88    | 0.08%             | 2029-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| BUILDERS FIRSTSOURCE INC                       | Builders FirstSource Inc                                                         | CUSIP: 12008RAN7<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    4480000 | PA      | $4385750.21    | 0.06%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                          | Playtika Holding Corp                                                            | CUSIP: 72815LAA5<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |    5275000 | PA      | $4837342.22    | 0.07%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| ACURIS FIN US/ACURIS FIN                       | Acuris Finance US Inc / Acuris Finance SARL                                      | CUSIP: 00511BAE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4000000 | PA      | $4084219.20    | 0.06%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC                          | American Airlines Inc                                                            | CUSIP: 023771T32<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    6525000 | PA      | $6642971.35    | 0.10%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| MOLINA HEALTHCARE INC                          | Molina Healthcare Inc                                                            | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |    6909000 | PA      | $6597473.19    | 0.10%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ADVANTAGE SALES & MARKET                       | Advantage Sales & Marketing Inc                                                  | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |    5190000 | PA      | $3913832.98    | 0.06%             | 2028-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                         | Clearway Energy Operating LLC                                                    | CUSIP: 18539UAC9<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |    7350000 | PA      | $7211379.00    | 0.10%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| HUSKY INJECTION / TITAN                        | Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC                      | CUSIP: 44805RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    8080000 | PA      | $8329015.90    | 0.12%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| RAND PARENT LLC                                | Rand Parent LLC                                                                  | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6995000 | PA      | $7034871.50    | 0.10%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| VIASAT INC                                     | Viasat Inc                                                                       | CUSIP: 92552VAL4<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |    5356000 | PA      | $5338593.00    | 0.08%             | 2027-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    2897000 | PA      | $2886136.25    | 0.04%             | 2026-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307BM8<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    7925000 | PA      | $7969024.17    | 0.12%             | 2028-05-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Veritas US Inc                                 | Veritas US Inc 2024 Priority Term Loan                                           | CUSIP: 000000000<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |      22335 | PA      | $22432.34      | 0.00%             | 2029-12-09      | Floating      | 12.30%                | No            |                  2 | On Loan: No      |
| VF CORP                                        | VF Corp                                                                          | CUSIP: 918204BB3<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    4430000 | PA      | $4230650.00    | 0.06%             | 2027-04-23      | Fixed         | 2.80%                 | No            |                  2 | On Loan: —       |
| SOTHEBY'S                                      | Sotheby's                                                                        | CUSIP: 835898AH0<br>LEI: 549300P5BAAMQQ7VL735 | Long             | DBT              | CORP              | US        |    6505000 | PA      | $6423687.50    | 0.09%             | 2027-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| SHUTTERFLY FINANCE LLC                         | Shutterfly Finance LLC                                                           | CUSIP: 82568NAC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4931882 | PA      | $4591230.01    | 0.07%             | 2027-10-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| PENN ENTERTAINMENT INC                         | Penn Entertainment Inc                                                           | CUSIP: 707569AV1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3362000 | PA      | $3109023.62    | 0.05%             | 2029-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAN7<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |    3110000 | PA      | $3113282.92    | 0.05%             | 2028-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JAMES HARDIE INTL FIN                          | James Hardie International Finance DAC                                           | CUSIP: 47032FAB5<br>LEI: 635400G32A4Q1LVQ8M88 | Long             | DBT              | CORP              | IE        |     210000 | PA      | $208291.57     | 0.00%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                             | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    4287000 | PA      | $4265481.83    | 0.06%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MIWD HLDCO II/MIWD FIN                         | MIWD Holdco II LLC / MIWD Finance Corp                                           | CUSIP: 55337PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4045000 | PA      | $3853267.00    | 0.06%             | 2030-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AF3<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    3219000 | PA      | $3223342.75    | 0.05%             | 2027-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                                     | Arcosa Inc                                                                       | CUSIP: 039653AA8<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |    3380000 | PA      | $3258788.81    | 0.05%             | 2029-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GLOBAL AUTO HO/AAG FH UK                       | Global Auto Holdings Ltd/AAG FH UK Ltd                                           | CUSIP: 00033YAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    4410000 | PA      | $4393898.21    | 0.06%             | 2029-08-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: —       |
| DCLI BIDCO LLC                                 | Dcli Bidco LLC                                                                   | CUSIP: 233104AA6<br>LEI: 2549007UUVJTHHNK9T70 | Long             | DBT              | CORP              | US        |    4187000 | PA      | $4272489.33    | 0.06%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| NOBLE FINANCE II LLC                           | Noble Finance II LLC                                                             | CUSIP: 65505PAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11230000 | PA      | $11421452.41   | 0.17%             | 2030-04-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    2634000 | PA      | $2613445.05    | 0.04%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| GATES CORPORATION/DE                           | Gates Corp/DE                                                                    | CUSIP: 367398AA2<br>LEI: 984500F43C791F4C7894 | Long             | DBT              | CORP              | US        |    4270000 | PA      | $4395735.27    | 0.06%             | 2029-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BG5<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    6222000 | PA      | $6195997.02    | 0.09%             | 2027-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| KONTOOR BRANDS INC                             | Kontoor Brands Inc                                                               | CUSIP: 50050NAA1<br>LEI: 549300M0CPXV65RFF271 | Long             | DBT              | CORP              | US        |    3252000 | PA      | $3014492.13    | 0.04%             | 2029-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   14029000 | PA      | $13038690.08   | 0.19%             | 2027-02-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| HUNTSMAN INTERNATIONAL L                       | Huntsman International LLC                                                       | CUSIP: 44701QBE1<br>LEI: 3YTEJFW18LGIUQ2N5J61 | Long             | DBT              | CORP              | US        |    2700000 | PA      | $2565164.70    | 0.04%             | 2029-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ZEGONA FINANCE PLC                             | Zegona Finance PLC                                                               | CUSIP: 98927UAA5<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    7255000 | PA      | $7721282.48    | 0.11%             | 2029-07-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| SIMMONS FOOD INC/SIMMONS                       | Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed   | CUSIP: 82873MAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7320000 | PA      | $6926550.00    | 0.10%             | 2029-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ESCROW RCN CORP                                | ESCROW RCN CORP                                                                  | CUSIP: 749ESCAB5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2653000 | PA      | $0.27          | 0.00%             | 2023-04-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC                       | Ken Garff Automotive LLC                                                         | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3535000 | PA      | $3439667.41    | 0.05%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAN6<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    4369000 | PA      | $4269803.60    | 0.06%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAR0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    9205000 | PA      | $9429602.00    | 0.14%             | 2029-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    4912000 | PA      | $4141123.00    | 0.06%             | 2029-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                               | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    6178000 | PA      | $6272868.13    | 0.09%             | 2028-10-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 654740BT5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    5150000 | PA      | $4773352.18    | 0.07%             | 2028-03-09      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| P&L DEV LLC/PLD FIN CORP                       | P&L Development LLC / PLD Finance Corp                                           | CUSIP: 69306RAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2792958 | PA      | $2876048.50    | 0.04%             | 2029-05-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| TELENET FINANCE LUX NOTE                       | Telenet Finance Luxembourg Notes Sarl                                            | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |    7800000 | PA      | $7700940.00    | 0.11%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| APH/APH2/APH3/AQUARIAN                         | APH Somerset Investor 2 LLC / APH2 Somerset Investor 2 LLC / APH3 Somerset Inves | CUSIP: 00188QAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6110000 | PA      | $6285580.63    | 0.09%             | 2029-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| NGL ENRGY OP/FIN CORP                          | NGL Energy Operating LLC / NGL Energy Finance Corp                               | CUSIP: 62922LAC2<br>LEI: 5299005YSRP46BE8Z459 | Long             | DBT              | CORP              | US        |    7372000 | PA      | $7291102.62    | 0.11%             | 2029-02-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    6255000 | PA      | $6061940.68    | 0.09%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BD7<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    4190000 | PA      | $4176382.50    | 0.06%             | 2029-09-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| BEAZER HOMES USA                               | Beazer Homes USA Inc                                                             | CUSIP: 07556QBR5<br>LEI: 549300DUPYT2T0F60I45 | Long             | DBT              | CORP              | US        |    2966000 | PA      | $2956093.56    | 0.04%             | 2027-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AG6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10807000 | PA      | $10187722.16   | 0.15%             | 2029-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| BANIJAY ENTERTAINMENT                          | Banijay Entertainment SAS                                                        | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    3560000 | PA      | $3696388.23    | 0.05%             | 2029-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    5100000 | PA      | $4888347.96    | 0.07%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    6059000 | PA      | $5986352.59    | 0.09%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |    2350000 | PA      | $2344125.00    | 0.03%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP                       | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4375000 | PA      | $4551172.06    | 0.07%             | 2029-07-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAC0<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    3160000 | PA      | $2523103.58    | 0.04%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| ELASTIC NV                                     | Elastic NV                                                                       | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |    4892000 | PA      | $4650493.21    | 0.07%             | 2029-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAS0<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    4180000 | PA      | $4551497.50    | 0.07%             | 2029-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AZ0<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   13769000 | PA      | $10914336.57   | 0.16%             | 2029-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                       | Ziggo BV                                                                         | CUSIP: 98955DAA8<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    8330000 | PA      | $7695267.33    | 0.11%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD RESID PROPERT                       | Brookfield Residential Properties Inc / Brookfield Residential US LLC            | CUSIP: 11283YAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    4135000 | PA      | $3762076.34    | 0.05%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| ATI INC                                        | ATI Inc                                                                          | CUSIP: 01741RAH5<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |    2805000 | PA      | $2800913.68    | 0.04%             | 2027-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    9978000 | PA      | $9923220.78    | 0.14%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AD5<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    4990000 | PA      | $5109120.78    | 0.07%             | 2030-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAG1<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    7600000 | PA      | $7588773.28    | 0.11%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAD8<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    8775000 | PA      | $7996569.75    | 0.12%             | 2029-06-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| ADAPTHEALTH LLC                                | AdaptHealth LLC                                                                  | CUSIP: 00653VAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3090000 | PA      | $3074651.35    | 0.04%             | 2028-08-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SNF GROUP SACA                                 | SNF Group SACA                                                                   | CUSIP: 7846ELAD9<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    3255000 | PA      | $3145336.45    | 0.05%             | 2027-03-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP                            | Medline Borrower LP                                                              | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   19260000 | PA      | $18900163.49   | 0.27%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| TEVA PHARM FIN IV                              | Teva Pharmaceutical Finance Netherlands IV BV                                    | CUSIP: 881937AA4<br>LEI: 549300GKSD1RG56QRY33 | Long             | DBT              | CORP              | NL        |    1565000 | PA      | $1585656.44    | 0.02%             | 2030-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BREAD FINANCIAL HLDGS                          | Bread Financial Holdings Inc                                                     | CUSIP: 018581AP3<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |    6690000 | PA      | $7175025.00    | 0.10%             | 2029-03-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BT9<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    3535000 | PA      | $2963425.85    | 0.04%             | 2029-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| WEEKLEY HOMES LLC/ FINAN                       | Weekley Homes LLC / Weekley Finance Corp                                         | CUSIP: 948565AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3580000 | PA      | $3456736.66    | 0.05%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                         | Brightstar Lottery PLC                                                           | CUSIP: 460599AD5<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    5910000 | PA      | $5964608.40    | 0.09%             | 2027-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   11075000 | PA      | $9801375.00    | 0.14%             | 2028-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| AHEAD DB HOLDINGS LLC                          | Ahead DB Holdings LLC                                                            | CUSIP: 00867FAA6<br>LEI: 254900L07WFL833JX193 | Long             | DBT              | CORP              | US        |    3292000 | PA      | $3302071.22    | 0.05%             | 2028-05-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| FWD GROUP HOLDINGS LTD                         | FWD Group Holdings Ltd                                                           | CUSIP: 30332TAB8<br>LEI: 254900HEGGDS8WU5QZ97 | Long             | DBT              | CORP              | KY        |    6520000 | PA      | $6731900.00    | 0.10%             | 2029-04-05      | Fixed         | 8.40%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                              | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    5280000 | PA      | $5266392.91    | 0.08%             | 2025-09-17      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| ADAMS HOMES INC                                | Adams Homes Inc                                                                  | CUSIP: 00623PAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3392000 | PA      | $3509863.86    | 0.05%             | 2028-10-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                                 | CUSIP: 47010BAM6<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    3310000 | PA      | $3299976.99    | 0.05%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |    3996000 | PA      | $3940655.40    | 0.06%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TGNR INTERMEDIATE HOLDIN                       | TGNR Intermediate Holdings LLC                                                   | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |    5837000 | PA      | $5679749.47    | 0.08%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| EDGEWELL PERSONAL CARE                         | Edgewell Personal Care Co                                                        | CUSIP: 28035QAB8<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | DBT              | CORP              | US        |    4550000 | PA      | $4308531.50    | 0.06%             | 2029-04-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| PUMA INTERNATIONAL FINAN                       | Puma International Financing SA                                                  | CUSIP: 74588YAB6<br>LEI: 222100YFBPO7IDRUBR17 | Long             | DBT              | CORP              | LU        |    3680000 | PA      | $3807093.22    | 0.06%             | 2029-04-25      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |   10185000 | PA      | $10597798.05   | 0.15%             | 2029-07-15      | Fixed         | 12.63%                | No            |                  2 | On Loan: —       |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5970000 | PA      | $5799111.14    | 0.08%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| DISCOVERY COMMUNICATIONS                       | Discovery Communications LLC                                                     | CUSIP: 25470DCA5<br>LEI: L2Z2MO2EQURH3BREWI15 | Long             | DBT              | CORP              | US        |     100000 | PA      | $93000.00      | 0.00%             | 2029-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AL6<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    4325000 | PA      | $4329325.00    | 0.06%             | 2027-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    7631000 | PA      | $7611006.78    | 0.11%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   14419000 | PA      | $14441637.83   | 0.21%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AS6<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    7720000 | PA      | $7096320.50    | 0.10%             | 2028-02-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VISTAJET MALTA/VM HOLDS                        | VistaJet Malta Finance PLC / Vista Management Holding Inc                        | CUSIP: 92840JAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    4131000 | PA      | $4144602.97    | 0.06%             | 2027-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA H                       | SCIL IV LLC / SCIL USA Holdings LLC                                              | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5400000 | PA      | $5364624.60    | 0.08%             | 2026-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| SBA COMMUNICATIONS CORP                        | SBA Communications Corp                                                          | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |   12635000 | PA      | $11782791.99   | 0.17%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| B&G FOODS INC                                  | B&G Foods Inc                                                                    | CUSIP: 05508WAC9<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | DBT              | CORP              | US        |    6410000 | PA      | $5993350.00    | 0.09%             | 2028-09-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| HUDSON PACIFIC PROPERTIE                       | Hudson Pacific Properties LP                                                     | CUSIP: 44409MAD8<br>LEI: 5493007NTUGLGZ8T3526 | Long             | DBT              |  | US        |    3010000 | PA      | $2878885.60    | 0.04%             | 2028-02-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: —       |
| TRANSOCEAN TITAN FIN LTD                       | Transocean Titan Financing Ltd                                                   | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    3288810 | PA      | $3370368.72    | 0.05%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY LP                              | Vornado Realty LP                                                                | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              |  | US        |    3160000 | PA      | $3073205.54    | 0.04%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298CB7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    4620000 | PA      | $4339046.25    | 0.06%             | 2029-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| COOPER-STANDARD AUTOMOTI                       | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AH7<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |    3861684 | PA      | $4057584.53    | 0.06%             | 2027-03-31      | Fixed         | 13.50%                | No            |                  2 | On Loan: —       |
| TMS INTERNATIONAL CORP                         | TMS International Corp/DE                                                        | CUSIP: 87261QAC7<br>LEI: 549300L4K0F1YF8WKF23 | Long             | DBT              | CORP              | US        |    2792000 | PA      | $2657026.06    | 0.04%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| AMERITEX HOLDCO INTERMED                       | AmeriTex HoldCo Intermediate LLC                                                 | CUSIP: 030727AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4150000 | PA      | $4403907.38    | 0.06%             | 2028-10-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2141000 | PA      | $2127083.50    | 0.03%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| TITAN INTERNATIONAL INC                        | Titan International Inc                                                          | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |    3430000 | PA      | $3420781.88    | 0.05%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ODEON FINCO PLC                                | Odeon Finco PLC                                                                  | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | GB        |    2774000 | PA      | $2888427.50    | 0.04%             | 2027-11-01      | Fixed         | 12.75%                | No            |                  2 | On Loan: —       |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDH0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    5150000 | PA      | $5063016.50    | 0.07%             | 2028-06-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SPEEDWAY MOT/SPEEDWAY FD                       | Speedway Motorsports LLC / Speedway Funding II Inc                               | CUSIP: 84779MAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2927000 | PA      | $2894323.85    | 0.04%             | 2027-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FORTREA HOLDINGS INC                           | Fortrea Holdings Inc                                                             | CUSIP: 34965KAA5<br>LEI: 5493000FIVFABOVCDU97 | Long             | DBT              | CORP              | US        |    3925000 | PA      | $3580208.38    | 0.05%             | 2030-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| Darling Ingredients Inc                        | Darling Ingredients Inc                                                          | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    4300000 | PA      | $4291400.00    | 0.06%             | 2027-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GRAHAM PACKAGING/GPC CAP                       | Graham Packaging Co Inc                                                          | CUSIP: 384701AA6<br>LEI: 549300YS0ZFT826HIK72 | Long             | DBT              | CORP              | US        |    4470000 | PA      | $4466468.70    | 0.06%             | 2028-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| HELIOS SOFT/ION CORP SOL                       | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl              | CUSIP: 42329HAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2630000 | PA      | $2482797.06    | 0.04%             | 2028-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES                                | Thor Industries Inc                                                              | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |    4377000 | PA      | $4106492.65    | 0.06%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| MARRIOTT OWNERSHIP RESOR                       | Marriott Ownership Resorts Inc                                                   | CUSIP: 57164PAH9<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |    4380000 | PA      | $4185055.84    | 0.06%             | 2029-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| COOPER-STANDARD AUTOMOTI                       | Cooper-Standard Automotive Inc                                                   | CUSIP: 216762AJ3<br>LEI: ITCH5B3Q4RTX2PH9UN62 | Long             | DBT              | CORP              | US        |    2740000 | PA      | $2359666.90    | 0.03%             | 2027-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| LFS TOPCO LLC                                  | LFS Topco LLC                                                                    | CUSIP: 50203TAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3175000 | PA      | $3070860.00    | 0.04%             | 2030-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CORONADO FINANCE PTY LTD                       | Coronado Finance Pty Ltd                                                         | CUSIP: 21979LAB2<br>LEI: 549300NS5FS0W548RE27 | Long             | DBT              | CORP              | AU        |    3305000 | PA      | $2525501.87    | 0.04%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| MAGNERA CORP                                   | Magnera Corp                                                                     | CUSIP: 377320AA4<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |    4137000 | PA      | $3652029.01    | 0.05%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| EXCELERATE ENERGY LP                           | Excelerate Energy LP                                                             | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |    5760000 | PA      | $6022080.00    | 0.09%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| CLARIV SCI HLD CORP                            | Clarivate Science Holdings Corp                                                  | CUSIP: 18064PAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7779000 | PA      | $7434811.92    | 0.11%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HIGHTOWER HOLDING LLC                          | Hightower Holding LLC                                                            | CUSIP: 43118DAB6<br>LEI: 254900MKOSB7RTMA9K12 | Long             | DBT              | CORP              | US        |    3375000 | PA      | $3590021.25    | 0.05%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: —       |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    4265000 | PA      | $4135759.84    | 0.06%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAE9<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    6585000 | PA      | $6470272.18    | 0.09%             | 2028-07-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| TELEFLEX INC                                   | Teleflex Inc                                                                     | CUSIP: 879369AG1<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | DBT              | CORP              | US        |    4382000 | PA      | $4238106.08    | 0.06%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                       | Diversified Healthcare Trust                                                     | CUSIP: 81721MAM1<br>LEI: N/A                  | Long             | DBT              |  | US        |    4410000 | PA      | $4081792.81    | 0.06%             | 2028-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FORTRESS TRANS & INFRAST                       | FTAI Aviation Investors LLC                                                      | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |    8447000 | PA      | $8453155.33    | 0.12%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    5010000 | PA      | $4804136.60    | 0.07%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SEAGATE DATA STOR                              | Seagate Data Storage Technology Pte Ltd                                          | CUSIP: 81180LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | SG        |    1000000 | PA      | $1010568.30    | 0.01%             | 2030-07-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    8745000 | PA      | $8834909.09    | 0.13%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBL3<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    9280000 | PA      | $6502380.00    | 0.09%             | 2030-04-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428104AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4085000 | PA      | $4065575.83    | 0.06%             | 2028-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AR2<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    3517000 | PA      | $3432346.87    | 0.05%             | 2027-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAE5<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    4555000 | PA      | $4412656.25    | 0.06%             | 2030-04-14      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAE6<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    7840000 | PA      | $7541997.68    | 0.11%             | 2029-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| DIRECTV FINANCING LLC                          | Directv Financing LLC                                                            | CUSIP: 25461LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6330000 | PA      | $6169851.00    | 0.09%             | 2030-02-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| VISTRA OPERATIONS CO LLC                       | Vistra Operations Co LLC                                                         | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   10606000 | PA      | $10593430.83   | 0.15%             | 2027-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FIVE POINT OP CO LP/FIVE                       | Five Point Operating Co LP / Five Point Capital Corp                             | CUSIP: 33834YAB4<br>LEI: N/A                  | Long             | SN               | CORP              | US        |    4108336 | PA      | $4154349.36    | 0.06%             | 2028-01-15      | Variable      | 10.50%                | No            |                  2 | On Loan: No      |
| BAYTEX ENERGY CORP                             | Baytex Energy Corp                                                               | CUSIP: 07317QAJ4<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |    6445000 | PA      | $6553441.64    | 0.09%             | 2030-04-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4872000 | PA      | $4658850.00    | 0.07%             | 2029-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| GRIFOLS SA                                     | Grifols SA                                                                       | CUSIP: 39843UAA0<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    6075000 | PA      | $5851997.08    | 0.08%             | 2028-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAB5<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    3717000 | PA      | $3706268.65    | 0.05%             | 2026-04-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| NEXSTAR MEDIA INC                              | Nexstar Media Inc                                                                | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |    8496000 | PA      | $8251315.20    | 0.12%             | 2028-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BG1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4037000 | PA      | $3875931.77    | 0.06%             | 2028-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| UNDER ARMOUR INC                               | Under Armour Inc                                                                 | CUSIP: 904311AD9<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |     755000 | PA      | $771753.45     | 0.01%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAH9<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |   11170000 | PA      | $11048247.00   | 0.16%             | 2028-08-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| NEXSTAR MEDIA INC                              | Nexstar Media Inc                                                                | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   14480000 | PA      | $14451040.00   | 0.21%             | 2027-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| CALIFORNIA RESOURCES CRP                       | California Resources Corp                                                        | CUSIP: 13057QAK3<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |    7647000 | PA      | $7836550.01    | 0.11%             | 2029-06-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| GFL ENVIRONMENTAL INC                          | GFL Environmental Inc                                                            | CUSIP: 36168QAN4<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    5947000 | PA      | $5817449.96    | 0.08%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   19216000 | PA      | $19216000.00   | 0.28%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| PRECISION DRILLING CORP                        | Precision Drilling Corp                                                          | CUSIP: 740212AM7<br>LEI: 549300WF2OE8T5BP4B84 | Long             | DBT              | CORP              | CA        |    3550000 | PA      | $3546607.27    | 0.05%             | 2029-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    5016000 | PA      | $5049807.84    | 0.07%             | 2026-07-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    2860000 | PA      | $2805223.85    | 0.04%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| GRAFTECH FINANCE INC                           | GrafTech Finance Inc                                                             | CUSIP: 384311AC0<br>LEI: 1Z010BU876CF2HDBIN43 | Long             | DBT              | CORP              | US        |     100000 | PA      | $71882.90      | 0.00%             | 2029-12-23      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |    4007000 | PA      | $3740975.27    | 0.05%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ZAYO GROUP HOLDINGS INC                        | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAB1<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |    8336000 | PA      | $7518355.10    | 0.11%             | 2028-03-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ACUSHNET CO                                    | Acushnet Co                                                                      | CUSIP: 005095AA2<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |    2995000 | PA      | $3119461.12    | 0.05%             | 2028-10-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: —       |
| MINERAL RESOURCES LTD                          | Mineral Resources Ltd                                                            | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    8400000 | PA      | $8788500.00    | 0.13%             | 2028-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| Bath & Body Works Inc                          | Bath & Body Works Inc                                                            | CUSIP: 501797AR5<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    3547000 | PA      | $3632915.79    | 0.05%             | 2029-06-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| LUMEN TECHNOLOGIES INC                         | Lumen Technologies Inc                                                           | CUSIP: 550241AC7<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |    1090000 | PA      | $1062096.00    | 0.02%             | 2030-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| DAVITA INC                                     | DaVita Inc                                                                       | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |   21420000 | PA      | $20448603.00   | 0.30%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| TRIMAS CORP                                    | TriMas Corp                                                                      | CUSIP: 896215AH3<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | DBT              | CORP              | US        |    3203000 | PA      | $3070313.48    | 0.04%             | 2029-04-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC                          | Carriage Services Inc                                                            | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3512000 | PA      | $3290469.71    | 0.05%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AN2<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    6050000 | PA      | $6321040.00    | 0.09%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                              | Post Holdings Inc                                                                | CUSIP: 737446AP9<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |    9410000 | PA      | $9324133.75    | 0.14%             | 2029-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ENTEGRIS INC                                   | Entegris Inc                                                                     | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |    3517000 | PA      | $3425836.19    | 0.05%             | 2028-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAQ1<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |    2765000 | PA      | $2653196.40    | 0.04%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NCL FINANCE LTD                                | NCL Finance Ltd                                                                  | CUSIP: 62888HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    3990000 | PA      | $4045674.86    | 0.06%             | 2028-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| SNF GROUP SACA                                 | SNF Group SACA                                                                   | CUSIP: 7846ELAE7<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    2985000 | PA      | $2747385.34    | 0.04%             | 2030-03-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAK6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    5935000 | PA      | $5838556.25    | 0.08%             | 2028-06-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    3481750 | PA      | $3473045.63    | 0.05%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   17570000 | PA      | $17923244.85   | 0.26%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBC8<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    3215000 | PA      | $3246474.85    | 0.05%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IMOLA MERGER CORP                              | Imola Merger Corp                                                                | CUSIP: 45258LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16285000 | PA      | $15786822.31   | 0.23%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TRANSOCEAN INC                                 | Transocean Inc                                                                   | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |    6820000 | PA      | $7067566.00    | 0.10%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MOTION BONDCO DAC                              | Motion Bondco DAC                                                                | CUSIP: 61978XAA5<br>LEI: 635400KFD3IETNQLA755 | Long             | DBT              | CORP              | IE        |    3640000 | PA      | $3465281.09    | 0.05%             | 2027-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| GPD COS INC                                    | GPD Cos Inc                                                                      | CUSIP: 36260VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1691322 | PA      | $1466535.16    | 0.02%             | 2029-12-31      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| ENERFLEX LTD                                   | Enerflex Ltd                                                                     | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | CA        |    4230000 | PA      | $4350445.44    | 0.06%             | 2027-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    5885000 | PA      | $5862931.25    | 0.08%             | 2030-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ANYWHERE REAL EST/CO-ISS                       | Anywhere Real Estate Group LLC / Anywhere Co-Issuer Corp                         | CUSIP: 75606DAS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4915000 | PA      | $4706112.50    | 0.07%             | 2030-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| YUM! BRANDS INC                                | Yum! Brands Inc                                                                  | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |    6795000 | PA      | $6696289.71    | 0.10%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Allison Transmission Inc                       | Allison Transmission Inc                                                         | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    3590000 | PA      | $3605428.74    | 0.05%             | 2029-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6375000 | PA      | $6159843.75    | 0.09%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OWENS-BROCKWAY                                 | Owens-Brockway Glass Container Inc                                               | CUSIP: 69073TAT0<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |    5119000 | PA      | $5124205.51    | 0.07%             | 2027-05-13      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    4512000 | PA      | $4464530.15    | 0.06%             | 2027-12-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| STAR LEASING CO LLC                            | Star Leasing Co LLC                                                              | CUSIP: 854938AA5<br>LEI: 549300WXKNX4PT3HSN71 | Long             | DBT              | CORP              | US        |    5685000 | PA      | $5607921.06    | 0.08%             | 2030-02-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: —       |
| ARCHES BUYER INC                               | Arches Buyer Inc                                                                 | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    7602000 | PA      | $7315045.79    | 0.11%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HOWARD MIDSTREAM ENERGY                        | Howard Midstream Energy Partners LLC                                             | CUSIP: 442722AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4205000 | PA      | $4397474.20    | 0.06%             | 2028-07-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| ONESKY FLIGHT LLC                              | OneSky Flight LLC                                                                | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |    4585000 | PA      | $4828035.26    | 0.07%             | 2029-12-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| MADISON IAQ LLC                                | Madison IAQ LLC                                                                  | CUSIP: 55760LAA5<br>LEI: 549300IXDNBXNHUPBU73 | Long             | DBT              | CORP              | US        |    5941000 | PA      | $5751395.96    | 0.08%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |    7337000 | PA      | $7333541.34    | 0.11%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAH0<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    4006000 | PA      | $4023466.16    | 0.06%             | 2026-05-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AC5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11224000 | PA      | $11131402.00   | 0.16%             | 2027-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL ENTERTAINMENT                        | Universal Entertainment Corp                                                     | CUSIP: 91349WAC2<br>LEI: 353800BBJTHSMSQ31V91 | Long             | DBT              | CORP              | JP        |    3110000 | PA      | $3036471.20    | 0.04%             | 2029-08-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: —       |
| CNTRL PARENT/CDK GLB INC                       | Central Parent Inc / CDK Global Inc                                              | CUSIP: 15477CAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6157000 | PA      | $5071644.04    | 0.07%             | 2029-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| AMERICAN AIRLINES INC                          | American Airlines Inc                                                            | CUSIP: 023771T40<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |    8065000 | PA      | $8426025.69    | 0.12%             | 2029-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| NRG ENERGY INC                                 | NRG Energy Inc                                                                   | CUSIP: 629377CQ3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    4082000 | PA      | $3832464.89    | 0.06%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    7980000 | PA      | $7256812.50    | 0.11%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| AMWINS GROUP INC                               | AmWINS Group Inc                                                                 | CUSIP: 031921AB5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |    6255000 | PA      | $6069414.15    | 0.09%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   46010000 | NS      | $46010000.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT ACCEPTANC                               | Credit Acceptance Corp                                                           | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4835000 | PA      | $5112024.23    | 0.07%             | 2028-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| SC GAMES HOLDIN/US FINCO                       | Scientific Games Holdings LP/Scientific Games US FinCo Inc                       | CUSIP: 80874DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6825000 | PA      | $6577924.76    | 0.10%             | 2030-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ROCKET SOFTWARE INC                            | Rocket Software Inc                                                              | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    4985000 | PA      | $4850454.85    | 0.07%             | 2029-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Aramark Services Inc                           | Aramark Services Inc                                                             | CUSIP: 038522AQ1<br>LEI: 42YMHYH0XMHJEXDUB065 | Long             | DBT              | CORP              | US        |    9617000 | PA      | $9531504.87    | 0.14%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BS1<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |    3105000 | PA      | $2643677.11    | 0.04%             | 2029-01-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: —       |
| HESS MIDSTREAM OPERATION                       | Hess Midstream Operations LP                                                     | CUSIP: 428102AG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4155000 | PA      | $4278611.25    | 0.06%             | 2029-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FIN                       | Allwyn Entertainment Financing UK PLC                                            | CUSIP: 02007VAA8<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |    5533000 | PA      | $5752594.26    | 0.08%             | 2029-04-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP                                 | Open Text Corp                                                                   | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    7805000 | PA      | $7516449.15    | 0.11%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MBB7<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    3355000 | PA      | $2950387.00    | 0.04%             | 2029-10-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: —       |
| ENOVA INTERNATIONAL INC                        | Enova International Inc                                                          | CUSIP: 29357KAK9<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |    4217000 | PA      | $4411915.22    | 0.06%             | 2029-08-01      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| TRANSMONTAIGNE PARTNERS                        | TransMontaigne Partners LLC                                                      | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3935000 | PA      | $4112127.34    | 0.06%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NAVIENT CORP                                   | Navient Corp                                                                     | CUSIP: 63938CAM0<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    5930000 | PA      | $5802149.20    | 0.08%             | 2029-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Whirlpool Corp                                 | Whirlpool Corp                                                                   | CUSIP: 963320AW6<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    4419000 | PA      | $4317382.44    | 0.06%             | 2029-02-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NRG Energy Inc                                 | NRG Energy Inc                                                                   | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |    5830000 | PA      | $5764529.10    | 0.08%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC                        | Talen Energy Supply LLC                                                          | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |    7925000 | PA      | $8425846.53    | 0.12%             | 2030-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD                                | Alumina Pty Ltd                                                                  | CUSIP: 02220AAA5<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |    3995000 | PA      | $4049332.00    | 0.06%             | 2030-03-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                       | Jefferson Capital Holdings LLC                                                   | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4200000 | PA      | $4376484.00    | 0.06%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| JONES DESLAURIERS INSURA                       | Jones Deslauriers Insurance Management Inc                                       | CUSIP: 48020RAB1<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |    5130000 | PA      | $5412150.00    | 0.08%             | 2030-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| JEFFERIES FIN LLC / JFIN                       | Jefferies Finance LLC / JFIN Co-Issuer Corp                                      | CUSIP: 47232MAF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8025000 | PA      | $7744125.00    | 0.11%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOYNE USA INC                                  | Boyne USA Inc                                                                    | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5980000 | PA      | $5805507.19    | 0.08%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GEO GROUP INC/THE                              | GEO Group Inc/The                                                                | CUSIP: 36162JAG1<br>LEI: 54930024XOXET7NQVZ63 | Long             | DBT              | CORP              | US        |    5432000 | PA      | $5772043.20    | 0.08%             | 2029-04-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINME                          | Six Flags Entertainment Corp                                                     | CUSIP: 83001AAC6<br>LEI: 549300JYTDUAA4JQ3717 | Long             | DBT              | CORP              | US        |    4587000 | PA      | $4575269.21    | 0.07%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8175000 | PA      | $8250128.25    | 0.12%             | 2029-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| UNITED STATES STEEL CORP                       | United States Steel Corp                                                         | CUSIP: 912909AU2<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | DBT              | CORP              | US        |    3170000 | PA      | $3193287.77    | 0.05%             | 2029-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                                | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    6855000 | PA      | $6475344.05    | 0.09%             | 2029-06-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| TK ELEVATOR US NEWCO INC                       | TK Elevator US Newco Inc                                                         | CUSIP: 92537RAA7<br>LEI: 549300C2AFWPAYWS5574 | Long             | DBT              | CORP              | US        |   12984000 | PA      | $12925420.09   | 0.19%             | 2027-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp                                | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |    3063000 | PA      | $3057226.25    | 0.04%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                               | Cinemark USA Inc                                                                 | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |    6601000 | PA      | $6557788.53    | 0.09%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| CAPSTONE BORROWER INC                          | Capstone Borrower Inc                                                            | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |    4575000 | PA      | $4758765.40    | 0.07%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TERRAFORM POWER OPERATIN                       | TerraForm Power Operating LLC                                                    | CUSIP: 88104LAG8<br>LEI: 5493000S2OLR3UT5BE13 | Long             | DBT              | CORP              | US        |    5587000 | PA      | $5359273.88    | 0.08%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAF2<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |    6000000 | PA      | $6176710.20    | 0.09%             | 2028-09-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: —       |
| HUGHES SATELLITE SYSTEMS                       | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5125000 | PA      | $3895000.00    | 0.06%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| WESCO DISTRIBUTION INC                         | WESCO Distribution Inc                                                           | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |    9790000 | PA      | $9920207.00    | 0.14%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC                         | Penn Entertainment Inc                                                           | CUSIP: 707569AS8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3536000 | PA      | $3519580.58    | 0.05%             | 2027-01-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| PRA GROUP INC                                  | PRA Group Inc                                                                    | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |    3705000 | PA      | $3791400.60    | 0.05%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORGANON FOR                       | Organon & Co / Organon Foreign Debt Co-Issuer BV                                 | CUSIP: 68622TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   16437000 | PA      | $15531650.04   | 0.22%             | 2028-04-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ARIS WATER HOLDINGS LLC                        | Aris Water Holdings LLC                                                          | CUSIP: 04041NAA0<br>LEI: 5493007AWQW8ZKCHVV46 | Long             | DBT              | CORP              | US        |    4135000 | PA      | $4243543.75    | 0.06%             | 2030-04-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AL0<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |    5415000 | PA      | $5573659.50    | 0.08%             | 2030-01-30      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| FORTESCUE TREASURY PTY L                       | Fortescue Treasury Pty Ltd                                                       | CUSIP: 30251GBA4<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    5083000 | PA      | $5012549.62    | 0.07%             | 2027-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| RXO INC                                        | RXO Inc                                                                          | CUSIP: 98379JAA3<br>LEI: 549300KL8CA6GP8XPM30 | Long             | DBT              | CORP              | US        |    2759000 | PA      | $2815157.51    | 0.04%             | 2027-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| LABL INC                                       | LABL Inc                                                                         | CUSIP: 50168QAD7<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    3787000 | PA      | $3011714.38    | 0.04%             | 2029-11-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| CLEVELAND-CLIFFS INC                           | Cleveland-Cliffs Inc                                                             | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    4761000 | PA      | $4766951.25    | 0.07%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| GLOBAL AUTO HO/AAG FH UK                       | Global Auto Holdings Ltd/AAG FH UK Ltd                                           | CUSIP: 00033GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    4220000 | PA      | $3932131.01    | 0.06%             | 2029-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAF3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8468000 | PA      | $8170857.88    | 0.12%             | 2027-08-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EMBECTA CORP                                   | Embecta Corp                                                                     | CUSIP: 29082KAA3<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |    4450000 | PA      | $4025217.69    | 0.06%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| SPIRIT AEROSYSTEMS INC                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAN0<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |    6130000 | PA      | $6482475.00    | 0.09%             | 2029-11-30      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC                           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAA9<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    9477000 | PA      | $8733662.03    | 0.13%             | 2029-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CASCADES INC/USA INC                           | Cascades Inc/Cascades USA Inc                                                    | CUSIP: 14739LAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    3960000 | PA      | $3864366.00    | 0.06%             | 2028-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11992000 | PA      | $12097225.00   | 0.18%             | 2029-09-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    9110000 | PA      | $9613874.10    | 0.14%             | 2030-07-15      | Fixed         | 11.13%                | No            |                  2 | On Loan: —       |
| TRANSDIGM INC                                  | TransDigm Inc                                                                    | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   22060000 | PA      | $22526017.50   | 0.33%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PERRIGO FINANCE UNLIMITE                       | Perrigo Finance Unlimited Co                                                     | CUSIP: 71429MAC9<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |    6040000 | PA      | $5895978.62    | 0.09%             | 2030-06-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                        | Global Aircraft Leasing Co Ltd                                                   | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    8762000 | PA      | $9050883.14    | 0.13%             | 2027-09-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 58547DAC3<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |    4571000 | PA      | $4561774.35    | 0.07%             | 2027-07-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| GUITAR CENTER INC                              | Guitar Center Inc                                                                | CUSIP: 40204BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4879000 | PA      | $3961748.00    | 0.06%             | 2026-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRINET GROUP INC                               | TriNet Group Inc                                                                 | CUSIP: 896288AA5<br>LEI: 5299003FJVBETSFKE990 | Long             | DBT              | CORP              | US        |    4377000 | PA      | $4066152.03    | 0.06%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ADT SEC CORP                                   | ADT Security Corp/The                                                            | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |    8367000 | PA      | $8009143.41    | 0.12%             | 2029-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| ASP UNIFRAX HLDGS INC                          | ASP UNIFRAX HLDGS INC                                                            | CUSIP: 00218LAG6<br>LEI: 549300RRU6BWJLD0YT71 | Long             | DBT              | CORP              | US        |    3686177 | PA      | $3374072.08    | 0.05%             | 2029-09-30      | Fixed         | 11.18%                | No            |                  2 | On Loan: —       |
| LAMAR MEDIA CORP                               | Lamar Media Corp                                                                 | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3625000 | PA      | $3557912.85    | 0.05%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   12612000 | PA      | $10953638.03   | 0.16%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ELEMENT SOLUTIONS INC                          | Element Solutions Inc                                                            | CUSIP: 28618MAA4<br>LEI: 549300FLGN6P5CU20J91 | Long             | DBT              | CORP              | US        |    6840000 | PA      | $6584297.54    | 0.10%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ABC SUPPLY CO INC                              | American Builders & Contractors Supply Co Inc                                    | CUSIP: 024747AG2<br>LEI: 549300H5GQ4C1BEKG397 | Long             | DBT              | CORP              | US        |    3210000 | PA      | $3022729.56    | 0.04%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL LNG INC                         | Venture Global LNG Inc                                                           | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   12110000 | PA      | $12292328.16   | 0.18%             | 2030-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| ADIENT GLOBAL HOLDINGS                         | Adient Global Holdings Ltd                                                       | CUSIP: 00687YAB1<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |    4440000 | PA      | $4544828.40    | 0.07%             | 2028-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PBF HOLDING CO LLC                             | PBF HOLDING CO LLC                                                               | CUSIP: 69318FAM0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6645000 | PA      | $6571085.01    | 0.10%             | 2030-03-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: —       |
| CALUMET SPECIALTY PROD                         | Calumet Specialty Products Partners LP / Calumet Finance Corp                    | CUSIP: 131477AY7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1670000 | PA      | $1659768.24    | 0.02%             | 2026-04-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: —       |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                          | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    7978000 | PA      | $7593699.74    | 0.11%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                       | CUSIP: 853496AC1<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    7447000 | PA      | $7444170.14    | 0.11%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNYMAC FIN SVCS INC                          | PennyMac Financial Services Inc                                                  | CUSIP: 70932MAD9<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |    5905000 | PA      | $6239813.50    | 0.09%             | 2029-12-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| EMERGENT BIOSOLUTIONS                          | Emergent BioSolutions Inc                                                        | CUSIP: 29089QAC9<br>LEI: 549300YW6TUOX8BE5103 | Long             | DBT              | CORP              | US        |    3990000 | PA      | $3094245.00    | 0.04%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AC4<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    4620000 | PA      | $4406325.00    | 0.06%             | 2028-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| 1011778 BC / NEW RED FIN                       | 1011778 BC ULC / New Red Finance Inc                                             | CUSIP: 68245XAJ8<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    5905000 | PA      | $5776909.33    | 0.08%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Clover Holdings SPV III LLC                    | Clover Holdings SPV III LLC 2024 USD Term Loan                                   | CUSIP: 000000000<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |          0 | PA      | $0.00          | 0.00%             | 2027-12-09      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| PAGAYA US HOLDINGS CO                          | Pagaya US Holdings Co LLC                                                        | CUSIP: 69549FAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     905000 | PA      | $899091.73     | 0.01%             | 2030-08-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| UNITI GRP/UNITI HLD/CSL                        | Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC                      | CUSIP: 91327AAB8<br>LEI: N/A                  | Long             | DBT              |  | US        |    5855000 | PA      | $5538286.66    | 0.08%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| CHEMOURS CO                                    | Chemours Co/The                                                                  | CUSIP: 163851AE8<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |    3802000 | PA      | $3721207.50    | 0.05%             | 2027-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| FERTITTA ENTERTAINMENT                         | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7155000 | PA      | $6805192.05    | 0.10%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NABORS INDUSTRIES INC                          | Nabors Industries Inc                                                            | CUSIP: 62957HAP0<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |    5327000 | PA      | $5273783.27    | 0.08%             | 2030-01-31      | Fixed         | 9.13%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7670000 | PA      | $5939456.25    | 0.09%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAK3<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    5550000 | PA      | $5935031.25    | 0.09%             | 2028-10-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| METHANEX CORP                                  | Methanex Corp                                                                    | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |    5858000 | PA      | $5755485.00    | 0.08%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ZAYO GROUP HOLDINGS INC                        | Zayo Group Holdings Inc                                                          | CUSIP: 98919VAA3<br>LEI: 529900Z6OTS7RT0V0I47 | Long             | DBT              | CORP              | US        |   11668000 | PA      | $11103344.64   | 0.16%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl     | CUSIP: 019579AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    9613000 | PA      | $9324610.00    | 0.14%             | 2028-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| MATCH GROUP HLD II LLC                         | Match Group Holdings II LLC                                                      | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |    4035000 | PA      | $4004216.99    | 0.06%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEEWARD RENEWABL                               | Leeward Renewable Energy Operations LLC                                          | CUSIP: 524590AA4<br>LEI: 254900EVJU1A57NUX379 | Long             | DBT              | CORP              | US        |    2585000 | PA      | $2420236.24    | 0.04%             | 2029-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HOWARD HUGHES CORP                             | Howard Hughes Corp/The                                                           | CUSIP: 44267DAE7<br>LEI: 549300BVHY25JZC1KI49 | Long             | DBT              | CORP              | US        |    5565000 | PA      | $5307082.28    | 0.08%             | 2029-02-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd                          | Mineral Resources Ltd                                                            | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |    5095000 | PA      | $5112934.40    | 0.07%             | 2027-05-01      | Fixed         | 8.13%                 | No            |                  2 | On Loan: —       |
| OI EUROPEAN GROUP BV                           | OI European Group BV                                                             | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    3135000 | PA      | $2973077.25    | 0.04%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| WINDSOR HOLDINGS III LLC                       | Windsor Holdings III LLC                                                         | CUSIP: 97360AAA5<br>LEI: 254900IXUJZ9H146T437 | Long             | DBT              | CORP              | US        |    5405000 | PA      | $5733776.42    | 0.08%             | 2030-06-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L                       | New Enterprise Stone & Lime Co Inc                                               | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |    4890000 | PA      | $4847056.02    | 0.07%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                         | Brightstar Lottery PLC                                                           | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    6240000 | PA      | $6193200.00    | 0.09%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                           | Six Flags Entertainment Corp / Canada's Wonderland Co / Magnum Management Corp   | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4570000 | PA      | $4558575.00    | 0.07%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBN0<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    6430000 | PA      | $6759776.70    | 0.10%             | 2029-01-15      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                        | Penske Automotive Group Inc                                                      | CUSIP: 70959WAK9<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |    4277000 | PA      | $4046638.64    | 0.06%             | 2029-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| TALOS PRODUCTION INC                           | Talos Production Inc                                                             | CUSIP: 87485LAD6<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | DBT              | CORP              | US        |    5379000 | PA      | $5522240.08    | 0.08%             | 2029-02-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5070000 | PA      | $5050421.69    | 0.07%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ON SEMICONDUCTOR CORP                          | ON Semiconductor Corp                                                            | CUSIP: 682189AQ8<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | DBT              | CORP              | US        |    5912000 | PA      | $5706565.09    | 0.08%             | 2028-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAC0<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    5290000 | PA      | $5451239.20    | 0.08%             | 2027-02-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                        | Park River Holdings Inc                                                          | CUSIP: 70082LAA5<br>LEI: 254900PGY077KWCROT75 | Long             | DBT              | CORP              | US        |    3145000 | PA      | $2684650.63    | 0.04%             | 2029-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| BRANDYWINE OPER PARTNERS                       | Brandywine Operating Partnership LP                                              | CUSIP: 105340AS2<br>LEI: IXBXSCONLDQ1ZI73YU71 | Long             | DBT              |  | US        |    3847000 | PA      | $4122829.90    | 0.06%             | 2029-04-12      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| MURPHY OIL USA INC                             | Murphy Oil USA Inc                                                               | CUSIP: 626738AE8<br>LEI: N32S6DTR2ZZ5222WHV58 | Long             | DBT              | CORP              | US        |    4332000 | PA      | $4231061.80    | 0.06%             | 2029-09-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CABLEVISION LIGHTPATH                          | Cablevision Lightpath LLC                                                        | CUSIP: 12687GAB5<br>LEI: 5493002ZVBLRLGES1R71 | Long             | DBT              | CORP              | US        |    3355000 | PA      | $3340449.03    | 0.05%             | 2028-09-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CARVANA CO                                     | Carvana Co                                                                       | CUSIP: 146869AL6<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |    4208718 | PA      | $4311320.65    | 0.06%             | 2028-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| MIDWEST GMNG BOR/MWG FIN                       | Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp                        | CUSIP: 59833DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6452000 | PA      | $6219071.19    | 0.09%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC                       | Elanco Animal Health Inc                                                         | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |    6325000 | PA      | $6544596.41    | 0.09%             | 2028-08-28      | Fixed         | 6.65%                 | No            |                  2 | On Loan: —       |
| KIOXIA HOLDINGS CORP                           | Kioxia Holdings Corp                                                             | CUSIP: 49726JAA6<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |     300000 | PA      | $298875.00     | 0.00%             | 2030-07-24      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | Hilton Domestic Operating Co Inc                                                 | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    4695000 | PA      | $4768045.28    | 0.07%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| AMERICAN AXLE & MFG INC                        | American Axle & Manufacturing Inc                                                | CUSIP: 02406PBB5<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |    5100000 | PA      | $4633571.85    | 0.07%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| SEAWORLD PARKS & ENTERTA                       | SeaWorld Parks & Entertainment Inc                                               | CUSIP: 81282UAG7<br>LEI: 549300UZV72O3371JJ53 | Long             | DBT              | CORP              | US        |    6222000 | PA      | $6060875.09    | 0.09%             | 2029-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| ASGN INCORPORATED                              | ASGN Inc                                                                         | CUSIP: 00191UAA0<br>LEI: LZBNYYCBUKY537072438 | Long             | DBT              | CORP              | US        |    4784000 | PA      | $4657941.60    | 0.07%             | 2028-05-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ACCO BRANDS CORP                               | ACCO Brands Corp                                                                 | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |    5050000 | PA      | $4475461.50    | 0.06%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| RAIN CARBON INC                                | Rain Carbon Inc                                                                  | CUSIP: 75079LAB7<br>LEI: 25490038N6JQH7QXUK52 | Long             | DBT              | CORP              | US        |    3750000 | PA      | $4037062.50    | 0.06%             | 2029-09-01      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| OWENS & MINOR INC                              | Owens & Minor Inc                                                                | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |    3782000 | PA      | $3271384.99    | 0.05%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3850000 | PA      | $4073736.59    | 0.06%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| IHEARTCOMMUNICATIONS INC                       | iHeartCommunications Inc                                                         | CUSIP: 45174HBJ5<br>LEI: 54930076J6KDZL504O62 | Long             | DBT              | CORP              | US        |    5961250 | PA      | $4991950.75    | 0.07%             | 2029-05-01      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| ATS CORP                                       | ATS Corp                                                                         | CUSIP: 001940AC9<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | DBT              | CORP              | CA        |    2722000 | PA      | $2592705.00    | 0.04%             | 2028-12-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| KENNEDY-WILSON INC                             | Kennedy-Wilson Inc                                                               | CUSIP: 489399AL9<br>LEI: 5EA4464UK7FM5QNNKL62 | Long             | DBT              | CORP              | US        |    4725000 | PA      | $4439535.82    | 0.06%             | 2029-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP                                 | Whirlpool Corp                                                                   | CUSIP: 963320BD7<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |    5595000 | PA      | $5576226.54    | 0.08%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                        | Aethon United BR LP / Aethon United Finance Corp                                 | CUSIP: 00810GAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8497000 | PA      | $8908108.65    | 0.13%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ALLIED UNIVERSAL                               | Allied Universal Holdco LLC / Allied Universal Finance Corp                      | CUSIP: 019576AF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    8725000 | PA      | $8933629.58    | 0.13%             | 2030-06-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| GLOBAL NET LEASE INC                           | Global Net Lease Inc                                                             | CUSIP: 02608AAA7<br>LEI: 549300NUYANCT5SU8Z65 | Long             | DBT              |  | US        |    4390000 | PA      | $4214400.00    | 0.06%             | 2028-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC                        | Light & Wonder International Inc                                                 | CUSIP: 80874YBC3<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |    5085000 | PA      | $5095397.81    | 0.07%             | 2028-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| TRIDENT TPI HOLDINGS INC                       | Trident TPI Holdings Inc                                                         | CUSIP: 89616RAC3<br>LEI: 549300TPLK304J3RNC85 | Long             | DBT              | CORP              | US        |    5275000 | PA      | $5644553.31    | 0.08%             | 2028-12-31      | Fixed         | 12.75%                | No            |                  2 | On Loan: No      |
| HLF FIN SARL LLC/HERBALI                       | HLF Financing Sarl LLC / Herbalife International Inc                             | CUSIP: 40390DAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5093000 | PA      | $4269512.83    | 0.06%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| AVIS BUDGET CAR/FINANCE                        | Avis Budget Car Rental LLC / Avis Budget Finance Inc                             | CUSIP: 053773BC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2680000 | PA      | $2663250.00    | 0.04%             | 2027-07-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                       | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4385000 | PA      | $4549612.90    | 0.07%             | 2029-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                                    | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |    1040000 | PA      | $1070940.00    | 0.02%             | 2030-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| HILLENBRAND INC                                | Hillenbrand Inc                                                                  | CUSIP: 431571AF5<br>LEI: U246OE781574J2BUD366 | Long             | DBT              | CORP              | US        |    4052000 | PA      | $4107715.00    | 0.06%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    4965000 | PA      | $4680803.40    | 0.07%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| ROCKET SOFTWARE INC                            | Rocket Software Inc                                                              | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |    6360000 | PA      | $6567249.50    | 0.10%             | 2028-11-28      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC                              | Upbound Group Inc                                                                | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |    3892000 | PA      | $3794700.00    | 0.05%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD                          | Freedom Mortgage Holdings LLC                                                    | CUSIP: 35641AAA6<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |    9087000 | PA      | $9489600.44    | 0.14%             | 2029-02-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RADIOLOGY PARTNERS INC                         | Radiology Partners Inc                                                           | CUSIP: 75041VAC8<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |    5265000 | PA      | $5219981.62    | 0.08%             | 2030-02-15      | Fixed         | 9.78%                 | No            |                  2 | On Loan: —       |
| AMERIGAS PART/FIN CORP                         | AmeriGas Partners LP / AmeriGas Finance Corp                                     | CUSIP: 030981AL8<br>LEI: H36E1IF6YS0OBMHM6168 | Long             | DBT              | CORP              | US        |    4177000 | PA      | $4153191.10    | 0.06%             | 2027-05-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DARLING INGREDIENTS INC                        | Darling Ingredients Inc                                                          | CUSIP: 237266AJ0<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |    6560000 | PA      | $6599130.40    | 0.10%             | 2030-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   10415000 | PA      | $10415000.00   | 0.15%             | 2028-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| CLARIOS GLOBAL LP/US FIN                       | Clarios Global LP / Clarios US Finance Co                                        | CUSIP: 69867DAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   14249000 | PA      | $14342239.76   | 0.21%             | 2027-05-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| HUB INTERNATIONAL LTD                          | HUB International Ltd                                                            | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    4455000 | PA      | $4428564.03    | 0.06%             | 2029-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| BELLRING BRANDS INC                            | BellRing Brands Inc                                                              | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |    4285000 | PA      | $4445235.86    | 0.06%             | 2030-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                      | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    3010000 | PA      | $2891549.28    | 0.04%             | 2030-03-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                            | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   11320000 | PA      | $10883268.74   | 0.16%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AAR ESCROW ISSUER LLC                          | AAR Escrow Issuer LLC                                                            | CUSIP: 00253PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4790000 | PA      | $4915737.50    | 0.07%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TKC HOLDINGS INC                               | TKC Holdings Inc                                                                 | CUSIP: 87256YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4980000 | PA      | $5114611.39    | 0.07%             | 2029-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ANYWHERE RE GRP/REALOGY                        | Anywhere Real Estate Group LLC / Realogy Co-Issuer Corp                          | CUSIP: 75606DAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3925000 | PA      | $4079056.25    | 0.06%             | 2030-04-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2110000 | PA      | $2133737.50    | 0.03%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                         | Patrick Industries Inc                                                           | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    2754000 | PA      | $2665501.59    | 0.04%             | 2029-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| KAISER ALUMINUM CORP                           | Kaiser Aluminum Corp                                                             | CUSIP: 483007AJ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4290000 | PA      | $4187332.15    | 0.06%             | 2028-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| WILLIAM CARTER                                 | William Carter Co/The                                                            | CUSIP: 96926JAC1<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |    4471000 | PA      | $4439703.00    | 0.06%             | 2027-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: —       |
| HUB INTERNATIONAL LTD                          | HUB International Ltd                                                            | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   24800000 | PA      | $25847507.36   | 0.37%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                              | Iron Mountain Inc                                                                | CUSIP: 46284VAC5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |    8235000 | PA      | $8173237.50    | 0.12%             | 2027-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   12750000 | PA      | $12590625.00   | 0.18%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORECIVIC INC                                  | CoreCivic Inc                                                                    | CUSIP: 21871NAC5<br>LEI: 529900JFA3K6PTLT8B15 | Long             | DBT              | CORP              | US        |    4180000 | PA      | $4419320.88    | 0.06%             | 2029-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| KINETIK HOLDINGS LP                            | Kinetik Holdings LP                                                              | CUSIP: 49461MAB6<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |    8660000 | PA      | $8846257.55    | 0.13%             | 2028-12-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| M/I HOMES INC                                  | M/I Homes Inc                                                                    | CUSIP: 55305BAS0<br>LEI: 5299005M71FH9CCSFB69 | Long             | DBT              | CORP              | US        |    3340000 | PA      | $3307851.16    | 0.05%             | 2028-02-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| VOC Escrow Ltd                                 | VOC Escrow Ltd                                                                   | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    5895000 | PA      | $5842373.57    | 0.08%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                                 | Bombardier Inc                                                                   | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    3160000 | PA      | $3167900.00    | 0.05%             | 2027-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| ADTALEM GLOBAL EDUCATION                       | Adtalem Global Education Inc                                                     | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |    3245000 | PA      | $3207968.06    | 0.05%             | 2028-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 74841CAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5840000 | PA      | $5511500.00    | 0.08%             | 2029-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                    | CUSIP: 70137WAG3<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    5710000 | PA      | $5495047.05    | 0.08%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| MATTAMY GROUP CORP                             | Mattamy Group Corp                                                               | CUSIP: 57701RAM4<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |    4840000 | PA      | $4614940.00    | 0.07%             | 2030-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I                       | Performance Food Group Inc                                                       | CUSIP: 69346VAA7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |    9027000 | PA      | $9015664.80    | 0.13%             | 2027-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC                          | WASH Multifamily Acquisition Inc                                                 | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |    6495000 | PA      | $6498247.50    | 0.09%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CK5<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    6852000 | PA      | $6935223.02    | 0.10%             | 2029-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| BURFORD CAPITAL GLBL FIN                       | Burford Capital Global Finance LLC                                               | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |    3585000 | PA      | $3571143.98    | 0.05%             | 2028-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |    4608000 | PA      | $4608950.63    | 0.07%             | 2027-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ENCINO ACQUISITION PARTN                       | Encino Acquisition Partners Holdings LLC                                         | CUSIP: 29254BAA5<br>LEI: 549300BUKUEKT2UE4T49 | Long             | DBT              | CORP              | US        |    5350000 | PA      | $5464622.68    | 0.08%             | 2028-05-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                             | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    3875000 | PA      | $3832048.73    | 0.06%             | 2030-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                         | Comstock Resources Inc                                                           | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |    9830000 | PA      | $9672720.00    | 0.14%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CF6<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |    5777000 | PA      | $5797970.51    | 0.08%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC                               | UWM Holdings LLC                                                                 | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6430000 | PA      | $6428939.05    | 0.09%             | 2030-02-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| ACRISURE LLC / FIN INC                         | Acrisure LLC / Acrisure Finance Inc                                              | CUSIP: 00489LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4115000 | PA      | $4004388.80    | 0.06%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TALLGRASS NRG PRTNR/FIN                        | Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp                     | CUSIP: 87470LAD3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6262000 | PA      | $6211464.41    | 0.09%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC      | CUSIP: 03969YAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    4415000 | PA      | $4418128.47    | 0.06%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CSC Holdings LLC                               | CSC Holdings LLC                                                                 | CUSIP: 126307AY3<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    8445000 | PA      | $6812097.60    | 0.10%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ATLANTICA SUSTAIN INFRA                        | Atlantica Sustainable Infrastructure Ltd                                         | CUSIP: 04916WAA2<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |    3450000 | PA      | $3333729.48    | 0.05%             | 2028-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| VENTURE GLOBAL CALCASIEU                       | Venture Global Calcasieu Pass LLC                                                | CUSIP: 92328MAE3<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |    7800000 | PA      | $8007224.16    | 0.12%             | 2030-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BOISE CASCADE COMPANY                          | Boise Cascade Co                                                                 | CUSIP: 09739DAD2<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | DBT              | CORP              | US        |    2940000 | PA      | $2855204.52    | 0.04%             | 2030-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| PROG HOLDINGS INC                              | PROG Holdings Inc                                                                | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |    4737000 | PA      | $4571205.00    | 0.07%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                                 | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   11010000 | PA      | $9641074.95    | 0.14%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAD7<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    4695000 | PA      | $4676684.81    | 0.07%             | 2028-04-14      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| GRUBHUB HOLDINGS INC                           | GrubHub Holdings Inc                                                             | CUSIP: 40010PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4455000 | PA      | $4367891.83    | 0.06%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    5699000 | PA      | $5729204.70    | 0.08%             | 2028-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHARLES RIVER LABORATORI                       | Charles River Laboratories International Inc                                     | CUSIP: 159864AG2<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    4550000 | PA      | $4274725.00    | 0.06%             | 2029-03-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| XHR LP                                         | XHR LP                                                                           | CUSIP: 98372MAC9<br>LEI: 549300M88BPT83ZL2164 | Long             | DBT              |  | US        |    3857000 | PA      | $3724684.46    | 0.05%             | 2029-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682691AB6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    6627000 | PA      | $6468946.05    | 0.09%             | 2027-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CEC ENTERTAINMENT LLC                          | CEC Entertainment LLC                                                            | CUSIP: 125137AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4981000 | PA      | $4951352.09    | 0.07%             | 2026-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEWELL BRANDS INC                              | Newell Brands Inc                                                                | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |    5900000 | PA      | $5730185.02    | 0.08%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| FERTITTA ENTERTAINMENT                         | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc               | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    9940000 | PA      | $9326426.66    | 0.14%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| WARNERMEDIA HOLDINGS INC                       | Warnermedia Holdings Inc                                                         | CUSIP: 55903VBY8<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   10500000 | PA      | $9830625.00    | 0.14%             | 2029-03-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: —       |
| Encompass Health Corp                          | Encompass Health Corp                                                            | CUSIP: 421924BT7<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |     997000 | PA      | $997336.49     | 0.01%             | 2025-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BR3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     850000 | PA      | $774972.63     | 0.01%             | 2028-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| BWX TECHNOLOGIES INC                           | BWX Technologies Inc                                                             | CUSIP: 05605HAB6<br>LEI: 549300NP85N265KWMS58 | Long             | DBT              | CORP              | US        |    3170000 | PA      | $3069604.52    | 0.04%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                                                    | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |    4381000 | PA      | $4383190.50    | 0.06%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| NCR ATLEOS LLC                                 | NCR Atleos Corp                                                                  | CUSIP: 638962AA8<br>LEI: 9845005FC3S0VA714741 | Long             | DBT              | CORP              | US        |   10042000 | PA      | $10848372.60   | 0.16%             | 2029-04-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    2100000 | PA      | $2022374.97    | 0.03%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                                | Mercer International Inc                                                         | CUSIP: 588056BC4<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |    3575000 | PA      | $3606903.66    | 0.05%             | 2028-10-01      | Fixed         | 12.88%                | No            |                  2 | On Loan: —       |
| BALL CORP                                      | Ball Corp                                                                        | CUSIP: 058498AY2<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    5755000 | PA      | $5869294.30    | 0.09%             | 2028-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 17888HAA1<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   11442000 | PA      | $11776449.66   | 0.17%             | 2028-07-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC                               | Vail Resorts Inc                                                                 | CUSIP: 91879QAQ2<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     755000 | PA      | $759152.50     | 0.01%             | 2030-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SATURN OIL & GAS INC                           | Saturn Oil & Gas Inc                                                             | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |    5090000 | PA      | $5051825.00    | 0.07%             | 2029-06-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    6010000 | PA      | $5889800.00    | 0.09%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    4061000 | PA      | $4112443.94    | 0.06%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |    3742000 | PA      | $3779420.00    | 0.05%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALLIANT HOLD / CO-ISSUER                       | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer                   | CUSIP: 01883LAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5985000 | PA      | $5857818.75    | 0.08%             | 2027-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LCM INVESTMENTS HOLDINGS                       | LCM Investments Holdings II LLC                                                  | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |    8095000 | PA      | $7857010.24    | 0.11%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CNX RESOURCES CORP                             | CNX Resources Corp                                                               | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |    4280000 | PA      | $4278355.62    | 0.06%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| SUBURBAN PROPANE PARTNRS                       | Suburban Propane Partners LP/Suburban Energy Finance Corp                        | CUSIP: 864486AK1<br>LEI: JJAX4X60DE65EYFOTY73 | Long             | DBT              | CORP              | US        |    3016000 | PA      | $3006400.98    | 0.04%             | 2027-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| CENTURY COMMUNITIES                            | Century Communities Inc                                                          | CUSIP: 156504AM4<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | DBT              | CORP              | US        |    4235000 | PA      | $3906433.45    | 0.06%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HEALTHEQUITY INC                               | HealthEquity Inc                                                                 | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |    5270000 | PA      | $5078257.37    | 0.07%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAZ7<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    5870000 | PA      | $5921245.10    | 0.09%             | 2030-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| GRAFTECH GLOBAL ENTERPRI                       | GrafTech Global Enterprises Inc                                                  | CUSIP: 38431AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3425000 | PA      | $3028731.95    | 0.04%             | 2029-12-23      | Fixed         | 9.88%                 | No            |                  2 | On Loan: —       |
| RANGE RESOURCES CORP                           | Range Resources Corp                                                             | CUSIP: 75281ABK4<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | DBT              | CORP              | US        |    4310000 | PA      | $4189888.49    | 0.06%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH GROUP INC                         | AthenaHealth Group Inc                                                           | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |   19210000 | PA      | $18864604.20   | 0.27%             | 2030-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| LADDER CAP FIN LLLP/CORP                       | Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp               | CUSIP: 505742AM8<br>LEI: N/A                  | Long             | DBT              |  | US        |    5285000 | PA      | $5188601.60    | 0.08%             | 2027-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DANA INC                                       | Dana Inc                                                                         | CUSIP: 235825AG1<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |    3237000 | PA      | $3240651.34    | 0.05%             | 2028-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC                             | CP Atlas Buyer Inc                                                               | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |     870000 | PA      | $876881.70     | 0.01%             | 2030-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| SK INVICTUS INTERMEDIATE                       | SK Invictus Intermediate II Sarl                                                 | CUSIP: 29977LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    5660000 | PA      | $5507463.00    | 0.08%             | 2029-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                                 | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   17469000 | PA      | $15159392.07   | 0.22%             | 2029-07-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                            | CUSIP: 071734AH0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |    3400000 | PA      | $2839000.00    | 0.04%             | 2028-01-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYFAIR LLC                                    | Wayfair LLC                                                                      | CUSIP: 94419NAA5<br>LEI: 549300CTUWTZGOXMYI40 | Long             | DBT              | CORP              | US        |    6847000 | PA      | $6973342.21    | 0.10%             | 2029-10-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| PRIMO / TRITON WATER HLD                       | Primo Water Holdings Inc / Triton Water Holdings Inc                             | CUSIP: 74168RAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5300000 | PA      | $5318328.99    | 0.08%             | 2029-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   10397000 | PA      | $10257969.24   | 0.15%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| BAUSCH HEALTH AMERICAS                         | Bausch Health Americas Inc                                                       | CUSIP: 91911XAW4<br>LEI: KOO0397YRO83WY5MGD97 | Long             | DBT              | CORP              | US        |    4993000 | PA      | $4949311.25    | 0.07%             | 2027-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL/FINANC                       | Pebblebrook Hotel LP / PEB Finance Corp                                          | CUSIP: 70510LAA7<br>LEI: N/A                  | Long             | DBT              |  | US        |    3240000 | PA      | $3238240.36    | 0.05%             | 2029-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AR0<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |    7967000 | PA      | $7848371.37    | 0.11%             | 2027-10-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAE6<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    3085000 | PA      | $3096806.91    | 0.04%             | 2030-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TRONOX INC                                     | Tronox Inc                                                                       | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |    8895000 | PA      | $6945393.90    | 0.10%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ARETEC GROUP INC                               | Aretec Group Inc                                                                 | CUSIP: 040133AA8<br>LEI: 549300NV2T8A33L0PQ58 | Long             | DBT              | CORP              | US        |    3122000 | PA      | $3122000.00    | 0.05%             | 2029-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| WEATHERFORD INTERNATIONA                       | Weatherford International Ltd                                                    | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |   10730000 | PA      | $11021794.84   | 0.16%             | 2030-04-30      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CITGO PETROLEUM CORP                           | CITGO Petroleum Corp                                                             | CUSIP: 17302XAM8<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |    4732000 | PA      | $4723127.50    | 0.07%             | 2026-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| COINBASE GLOBAL INC                            | Coinbase Global Inc                                                              | CUSIP: 19260QAC1<br>LEI: 5493004G3J2SC154DU06 | Long             | DBT              | CORP              | US        |    7745000 | PA      | $7290013.00    | 0.11%             | 2028-10-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAX0<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |    2965000 | PA      | $2755671.00    | 0.04%             | 2028-01-15      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| K HOVNANIAN ENTERPRISES                        | K Hovnanian Enterprises Inc                                                      | CUSIP: 48251UAM0<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |    3570000 | PA      | $3859056.12    | 0.06%             | 2029-09-30      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| COMMSCOPE LLC                                  | CommScope LLC                                                                    | CUSIP: 203372AV9<br>LEI: 549300Z6K4JXMFE8QY54 | Long             | DBT              | CORP              | US        |    5480000 | PA      | $5420857.65    | 0.08%             | 2028-07-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| TOUCAN FINCO LTD/CAN/US                        | Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo US LLC                        | CUSIP: 89157UAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    7925000 | PA      | $8105498.22    | 0.12%             | 2030-05-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| DIEBOLD NIXDORF INC                            | Diebold Nixdorf Inc                                                              | CUSIP: 253651AK9<br>LEI: 549300XZK6EWDBAZSY16 | Long             | DBT              | CORP              | US        |    7085000 | PA      | $7509820.14    | 0.11%             | 2030-03-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION                            | Griffon Corp                                                                     | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |    8260000 | PA      | $8233499.44    | 0.12%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAP5<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    4464000 | PA      | $2219058.86    | 0.03%             | 2027-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 682695AA9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    6720000 | PA      | $7056470.40    | 0.10%             | 2029-01-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: —       |
| VICTRA HLDG/VICTRA FIN                         | Victra Holdings LLC / Victra Finance Corp                                        | CUSIP: 92648DAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3950000 | PA      | $4140888.89    | 0.06%             | 2029-09-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: —       |
| PAPA JOHN'S INTERNATIONA                       | Papa John's International Inc                                                    | CUSIP: 698813AA0<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | DBT              | CORP              | US        |    2985000 | PA      | $2860018.05    | 0.04%             | 2029-09-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| GYP HOLDINGS III CORP                          | GYP Holdings III Corp                                                            | CUSIP: 36261NAA5<br>LEI: 549300055I1KJWZH9690 | Long             | DBT              | CORP              | US        |    2600000 | PA      | $2626277.42    | 0.04%             | 2029-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGF7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3920000 | PA      | $4070404.91    | 0.06%             | 2030-01-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC                          | Williams Scotsman Inc                                                            | CUSIP: 96950GAE2<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |    3950000 | PA      | $3884939.55    | 0.06%             | 2028-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   12295000 | PA      | $11778978.85   | 0.17%             | 2030-01-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                                | CUSIP: 44984WAJ6<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    5660000 | PA      | $5621783.68    | 0.08%             | 2029-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| NCL CORPORATION LTD                            | NCL Corp Ltd                                                                     | CUSIP: 62886HBG5<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    4510000 | PA      | $4786716.91    | 0.07%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| WHITE CAP BUYER LLC                            | White Cap Buyer LLC                                                              | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5486000 | PA      | $5459369.86    | 0.08%             | 2028-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| ZIPRECRUITER INC                               | ZipRecruiter Inc                                                                 | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |    4767000 | PA      | $3611002.50    | 0.05%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| ENERGEAN PLC                                   | Energean PLC                                                                     | CUSIP: 29280EAA7<br>LEI: 549300RVMKU0CYUZBB05 | Long             | DBT              | CORP              | GB        |    3200000 | PA      | $3151071.04    | 0.05%             | 2027-04-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| CLEAR CHANNEL OUTDOOR HO                       | Clear Channel Outdoor Holdings Inc                                               | CUSIP: 18453HAC0<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    8270000 | PA      | $7804812.50    | 0.11%             | 2028-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| COMPASS MINERALS INTERNA                       | Compass Minerals International Inc                                               | CUSIP: 20451NAG6<br>LEI: 2549008X9G8XP7YJGC47 | Long             | DBT              | CORP              | US        |    1199000 | PA      | $1200091.93    | 0.02%             | 2027-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MGM China Holdings Ltd                         | MGM China Holdings Ltd                                                           | CUSIP: 55300RAB7<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    5710000 | PA      | $5711244.78    | 0.08%             | 2026-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                    | CUSIP: 681639AA8<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    6625000 | PA      | $6308211.05    | 0.09%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    7985000 | PA      | $7985700.28    | 0.12%             | 2029-05-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| INNOPHOS HOLDINGS INC                          | Innophos Holdings Inc                                                            | CUSIP: 45774NAD0<br>LEI: XQ0331QX53IRX25OY417 | Long             | DBT              | CORP              | US        |    3796000 | PA      | $3837895.69    | 0.06%             | 2029-06-15      | Fixed         | 11.50%                | No            |                  2 | On Loan: —       |
| TRANSALTA CORP                                 | TransAlta Corp                                                                   | CUSIP: 89346DAH0<br>LEI: 984500EE2ADD850F1C96 | Long             | DBT              | CORP              | CA        |    3493000 | PA      | $3644379.63    | 0.05%             | 2029-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                                   | CUSIP: 097751BZ3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    6230000 | PA      | $6469543.50    | 0.09%             | 2029-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| GAP INC/THE                                    | Gap Inc/The                                                                      | CUSIP: 364760AP3<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |    6372000 | PA      | $5879139.82    | 0.09%             | 2029-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BZ9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11305000 | PA      | $11012501.21   | 0.16%             | 2027-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| FULL HOUSE RESORTS INC                         | Full House Resorts Inc                                                           | CUSIP: 359678AC3<br>LEI: 5493009DKIWW0H901Y82 | Long             | DBT              | CORP              | US        |    3970000 | PA      | $3841783.69    | 0.06%             | 2028-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                         | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3880000 | PA      | $3802400.00    | 0.06%             | 2030-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11790000 | PA      | $11568937.50   | 0.17%             | 2029-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LEVEL 3 FINANCING INC                          | Level 3 Financing Inc                                                            | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   11052489 | PA      | $12540154.02   | 0.18%             | 2029-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                                  | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    5328000 | PA      | $5411916.00    | 0.08%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CLOUD SOFTWARE GRP INC                         | Cloud Software Group Inc                                                         | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   31243000 | PA      | $31594483.75   | 0.46%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2272000 | PA      | $2281940.00    | 0.03%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| TASEKO MINES LTD                               | Taseko Mines Ltd                                                                 | CUSIP: 876511AG1<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |    3570000 | PA      | $3726187.50    | 0.05%             | 2030-05-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| INGEVITY CORP                                  | Ingevity Corp                                                                    | CUSIP: 45688CAB3<br>LEI: 5493009UTFC4B5IMGF87 | Long             | DBT              | CORP              | US        |    4780000 | PA      | $4542139.07    | 0.07%             | 2028-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BBD6<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |    3365000 | PA      | $3463510.04    | 0.05%             | 2030-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PTC Inc                                        | PTC Inc                                                                          | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |    4280000 | PA      | $4168934.00    | 0.06%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                       | Ferrellgas LP / Ferrellgas Finance Corp                                          | CUSIP: 315289AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5086000 | PA      | $5037333.08    | 0.07%             | 2026-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OPEN TEXT INC                                  | Open Text Holdings Inc                                                           | CUSIP: 683720AA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7275000 | PA      | $6821907.18    | 0.10%             | 2030-02-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| MAXAM PRILL SARL                               | Maxam Prill Sarl                                                                 | CUSIP: 57779MAA8<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |    2670000 | PA      | $2613262.50    | 0.04%             | 2030-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| TTM TECHNOLOGIES INC                           | TTM Technologies Inc                                                             | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |    4360000 | PA      | $4154992.80    | 0.06%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: —       |
| ENCORE CAPITAL GROUP INC                       | Encore Capital Group Inc                                                         | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |    3900000 | PA      | $4117059.57    | 0.06%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ZF NA CAPITAL                                  | ZF North America Capital Inc                                                     | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |    6200000 | PA      | $5905190.00    | 0.09%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CMG MEDIA CORPORATION                          | CMG Media Corp                                                                   | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5020000 | PA      | $4887571.40    | 0.07%             | 2029-06-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: —       |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                              | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    3715000 | PA      | $3759134.20    | 0.05%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AS7<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    2550000 | PA      | $2479875.00    | 0.04%             | 2030-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: —       |
| HERC HOLDINGS INC                              | Herc Holdings Inc                                                                | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   12160000 | PA      | $12540000.00   | 0.18%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5628000 | PA      | $5588829.12    | 0.08%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| SERVICE CORP INTL                              | Service Corp International/US                                                    | CUSIP: 817565CE2<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    6202000 | PA      | $6151362.53    | 0.09%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| BUCKEYE PARTNERS LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AW1<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |    4320000 | PA      | $4474423.15    | 0.06%             | 2030-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                                   | CUSIP: 78573NAJ1<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    2060000 | PA      | $2092754.00    | 0.03%             | 2027-06-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                                  | CUSIP: 37185LAP7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5305000 | PA      | $5533945.23    | 0.08%             | 2029-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| OFFICE PPTY INCOME TRST                        | Office Properties Income Trust                                                   | CUSIP: 67623CAM1<br>LEI: N/A                  | Long             | DBT              |  | US        |    3397868 | PA      | $2794746.74    | 0.04%             | 2027-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| QUINCY HEALTH LLC                              | QUINCY HEALTH LLC                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      25958 | NS      | $0.26          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CVR ENERGY INC                                 | CVR Energy Inc                                                                   | CUSIP: 12662PAF5<br>LEI: 529900SOYZIXZBTXB558 | Long             | DBT              | CORP              | US        |    4663000 | PA      | $4581397.50    | 0.07%             | 2029-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| PHH ESCROW ISS LCC/PHH C                       | PHH Escrow Issuer LLC/PHH Corp                                                   | CUSIP: 716964AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4230000 | PA      | $4236768.00    | 0.06%             | 2029-11-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                            | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    6925000 | PA      | $6762198.79    | 0.10%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CNT PRNT/CDK GLO II/FIN                        | Central Parent LLC / CDK Global II LLC / CDK Financing Co Inc                    | CUSIP: 154915AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6167000 | PA      | $5167483.48    | 0.07%             | 2029-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DELEK LOG PART/FINANCE                         | Delek Logistics Partners LP / Delek Logistics Finance Corp                       | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3000000 | PA      | $3014491.50    | 0.04%             | 2028-06-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| CHOBANI LLC/FINANCE CORP                       | Chobani LLC / Chobani Finance Corp Inc                                           | CUSIP: 17027NAB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3615000 | PA      | $3547639.90    | 0.05%             | 2028-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| AG ISSUER LLC                                  | AG Issuer LLC                                                                    | CUSIP: 00119LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3995000 | PA      | $3994879.75    | 0.06%             | 2028-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP/FINANCE CORP                         | Sunoco LP / Sunoco Finance Corp                                                  | CUSIP: 86765LAQ0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4615000 | PA      | $4617395.65    | 0.07%             | 2027-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PATTERN ENERGY OP LP/PAT                       | Pattern Energy Operations LP / Pattern Energy Operations Inc                     | CUSIP: 70339PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5940000 | PA      | $5757676.45    | 0.08%             | 2028-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                                    | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    6860000 | PA      | $6430193.56    | 0.09%             | 2029-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| RESORTS WORLD/RWLV CAP                         | Resorts World Las Vegas LLC / RWLV Capital Inc                                   | CUSIP: 76120HAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    7710000 | PA      | $6866357.15    | 0.10%             | 2029-04-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| KIMMERIDGE TEXAS GAS LLC                       | Kimmeridge Texas Gas LLC                                                         | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |    4210000 | PA      | $4318663.89    | 0.06%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| CHART INDUSTRIES INC                           | Chart Industries Inc                                                             | CUSIP: 16115QAF7<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | DBT              | CORP              | US        |    8805000 | PA      | $9223237.50    | 0.13%             | 2030-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                             | CUSIP: 35908MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    3865000 | PA      | $3902857.29    | 0.06%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| MAJORDRIVE HOLDINGS IV L                       | MajorDrive Holdings IV LLC                                                       | CUSIP: 56085RAA8<br>LEI: 25490044R1FR5N8FIT62 | Long             | DBT              | CORP              | US        |    4545000 | PA      | $3748070.16    | 0.05%             | 2029-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| STAPLES INC                                    | Staples Inc                                                                      | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   18535000 | PA      | $17376562.50   | 0.25%             | 2029-09-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: —       |
| WR GRACE HOLDING LLC                           | WR Grace Holdings LLC                                                            | CUSIP: 92943GAD3<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |    6359000 | PA      | $6323420.76    | 0.09%             | 2027-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TEREX CORP                                     | Terex Corp                                                                       | CUSIP: 880779BA0<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |    4895000 | PA      | $4778743.75    | 0.07%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer