# EDGAR Filing Document

**Accession Number:** 0000811030
**File Stem:** 0001193125-26-245006
**Filing Date:** 2026-5
**Character Count:** 71166
**Document Hash:** 7b73dc0dedbc405523b9a439d0dd66e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-245006.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001193125-26-245006

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PROFESSIONALLY MANAGED PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000811030

**ORGANIZATION NAME:**
- **EIN:** 566415270
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05037
- **FILM NUMBER:** 261034426

**BUSINESS ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-218-3770

**MAIL ADDRESS:**
- **STREET 1:** 615 EAST MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVONDALE INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19910529

## Series and Classes Contracts Data

### Osterweis Strategic Income Fund (Series ID: S000004930)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000013345 | Investor Class | OSTIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Professionally Managed Portfolios

- **b. Investment Company Act file number:** 811-05037

- **c. CIK number of Registrant:** 0000811030

- **d. LEI of Registrant:** 254900BPISCYGRJD2727

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1523

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

- **a. Name of Series:** The Osterweis Strategic Income Fund

- **b. EDGAR series identifier (if any):** S000004930

- **c. LEI of Series:** 254900OHRJ0G14ZYDJ44

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $5730409941.93

**Total Liabilities:** $5435799.69

**Net Assets:** $5724974142.24

**Cash Not Reported:** $814227.11

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 4996.412537000000 | **1-Year:** 1270.975544000000 | **5-Year:** 2248.923097000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 313514.947576000000 | **1-Year:** 284091.607007000000 | **5-Year:** 102621.822142000000 | **10-Year:** 409.637969000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013345 | 0.35%                | 0.02%                | -0.46%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1659097.46             | $-1856181.51                               |
| Month 2  | $-1488701.44             | $-24731626.31                              |
| Month 3  | $856218.50               | $-48473411.66                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AGC CAPITAL INC                | AGC Capital Inc                                                                | CUSIP: 00107MD34<br>LEI: 5493002FOSS71TL86B20 | Long             | STIV             | CORP              | US        |  22000000 | PA      | $21992786.20  | 0.38%             | 2026-04-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC             | AMN Healthcare Inc                                                             | CUSIP: 00175PAD5<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |  37500000 | PA      | $36666480.00  | 0.64%             | 2031-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| API GROUP DE INC               | APi Group DE Inc                                                               | CUSIP: 001877AA7<br>LEI: 549300XP4G7B4QYA0G83 | Long             | DBT              | CORP              | US        |  26650000 | PA      | $25396583.88  | 0.44%             | 2029-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26286583 | PA      | $26322569.77  | 0.46%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14927286.00  | 0.26%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADAMS HOMES INC                | Adams Homes Inc                                                                | CUSIP: 00623PAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  40389000 | PA      | $41716828.76  | 0.73%             | 2028-10-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                     | CUSIP: 00687YAB1<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |  14650000 | PA      | $14852565.55  | 0.26%             | 2028-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ADIENT GLOBAL HOLDINGS         | Adient Global Holdings Ltd                                                     | CUSIP: 00687YAD7<br>LEI: 213800VA38VCKE6M8790 | Long             | DBT              | CORP              | JE        |  36000000 | PA      | $36417132.00  | 0.64%             | 2033-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS             | Advance Auto Parts Inc                                                         | CUSIP: 00751YAK2<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |  41965000 | PA      | $42375291.81  | 0.74%             | 2030-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ADVANCED DRAINAGE SYSTEM       | Advanced Drainage Systems Inc                                                  | CUSIP: 00790RAC8<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3414237.05   | 0.06%             | 2034-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| AFFIRM HOLDINGS INC            | Affirm Holdings Inc                                                            | CUSIP: 00827BAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  56750000 | PA      | $55047500.00  | 0.96%             | 2026-11-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-1C PTT         | Air Canada 2020-1 Class C Pass Through Trust                                   | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  49524000 | PA      | $50078183.46  | 0.87%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| ALLEGIANT TRAVEL CO            | Allegiant Travel Co                                                            | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |  48569000 | PA      | $48655452.82  | 0.85%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES INC          | American Airlines Inc                                                          | CUSIP: 023771T32<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  36164000 | PA      | $36349810.63  | 0.63%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC        | American Axle & Manufacturing Inc                                              | CUSIP: 02406PBA7<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |  33511000 | PA      | $33494103.75  | 0.59%             | 2028-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AMERICAN AXLE & MFG INC        | American Axle & Manufacturing Inc                                              | CUSIP: 02406PBD1<br>LEI: RY5TAKFOBLDUGX31MS24 | Long             | DBT              | CORP              | US        |  31750000 | PA      | $30759400.00  | 0.54%             | 2033-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| ATLANTICUS HOLDINGS CORP       | Atlanticus Holdings Corp                                                       | CUSIP: 04914AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  29500000 | PA      | $26506139.40  | 0.46%             | 2030-09-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| SIGNATURE AVIATION US          | Signature Aviation US Holdings Inc                                             | CUSIP: 05545MAC6<br>LEI: 213800CSNQ87U1MC8N11 | Long             | DBT              | CORP              | US        |  25600000 | PA      | $23712716.80  | 0.41%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT          | Banijay Entertainment SAS                                                      | CUSIP: 060335AB2<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |  59944000 | PA      | $61811375.49  | 1.08%             | 2029-05-01      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                   | SM Energy Co                                                                   | CUSIP: 17888HAB9<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |  29500000 | PA      | $30842751.50  | 0.54%             | 2031-07-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ETSY INC                       | Etsy Inc                                                                       | CUSIP: 29786AAN6<br>LEI: 54930089Q7XT501AEA40 | Long             | DBT              | CORP              | US        |   7750000 | PA      | $6939350.00   | 0.12%             | 2028-06-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP         | Extra Space Storage LP                                                         | CUSIP: 30227QD78<br>LEI: 549300YNKSKNZFR8UC42 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29976900.00  | 0.52%             | 2026-04-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP         | Extra Space Storage LP                                                         | CUSIP: 30227QD94<br>LEI: 549300YNKSKNZFR8UC42 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19980128.00  | 0.35%             | 2026-04-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| EZCORP INC                     | EZCORP Inc                                                                     | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |  23500000 | PA      | $24599212.50  | 0.43%             | 2032-04-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| FIDELITY NATL INFO SERV        | Fidelity National Information Services Inc                                     | CUSIP: 31622GDA2<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49944545.00  | 0.87%             | 2026-04-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| First American US Treasury Mon | First American US Treasury Money Market Fund                                   | CUSIP: 31846V153<br>LEI: 549300QHZ1SCM6SJUU12 | Long             | STIV             | RF                | US        | 125107740 | NS      | $125107739.84 | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MATCH GROUP FINANCECO 2        | Match Group Financeco 2 Inc                                                    | CUSIP: 44932FAA5<br>LEI: 549300IPGK4BWL134U96 | Long             | DBT              | CORP              | US        |  44250000 | PA      | $43896000.00  | 0.77%             | 2026-06-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| JABIL INC                      | Jabil Inc                                                                      | CUSIP: 46652MDG7<br>LEI: 5493000CGCQY2OQU7669 | Long             | STIV             | CORP              | US        |  49000000 | PA      | $48901892.20  | 0.85%             | 2026-04-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| JETBLUE AIRWAYS/LOYALTY        | JetBlue Airways Corp / JetBlue Loyalty LP                                      | CUSIP: 476920AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  54650000 | PA      | $51749891.18  | 0.90%             | 2031-09-20      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| JBT MAREL CORP                 | JBT Marel Corp                                                                 | CUSIP: 477839AB0<br>LEI: 5493007CT6ATBZ2L6826 | Long             | DBT              | CORP              | US        |  40779000 | PA      | $40707636.75  | 0.71%             | 2026-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| KBR INC                        | KBR Inc                                                                        | CUSIP: 48242WAC0<br>LEI: 254900OFQDXZRKRCV808 | Long             | DBT              | CORP              | US        |  29780000 | PA      | $29224608.96  | 0.51%             | 2028-09-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| K HOVNANIAN ENTERPRISES        | K Hovnanian Enterprises Inc                                                    | CUSIP: 48251UAP3<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |  52400000 | PA      | $51892249.24  | 0.91%             | 2031-04-01      | Fixed         | 8.00%                 | 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        |  62750000 | PA      | $65341826.00  | 1.14%             | 2029-02-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| KEN GARFF AUTOMOTIVE LLC       | Ken Garff Automotive LLC                                                       | CUSIP: 48850PAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  54664000 | PA      | $53797608.40  | 0.94%             | 2028-09-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC           | Keurig Dr Pepper Inc                                                           | CUSIP: 49271KD76<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49959750.00  | 0.87%             | 2026-04-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY BROADBAND CORP         | Liberty Broadband Corp                                                         | CUSIP: 530307AE7<br>LEI: 549300MIX43II8JLN536 | Long             | DBT              | CORP              | US        |  60389000 | PA      | $60298416.50  | 1.05%             | 2053-03-31      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| MANITOWOC COMPANY INC          | Manitowoc Co Inc/The                                                           | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |  34500000 | PA      | $36058572.00  | 0.63%             | 2031-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| MARRIOTT VACATION WORLDW       | Marriott Vacations Worldwide Corp                                              | CUSIP: 57164YAF4<br>LEI: 549300WA6BT5H4F7IO94 | Long             | DBT              | CORP              | US        |  49500000 | PA      | $47643750.00  | 0.83%             | 2027-12-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MCCORMICK & COMPANY INC        | McCormick & Co Inc/MD                                                          | CUSIP: 57978DD63<br>LEI: 549300JQQA6MQ4OJP259 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49967620.00  | 0.87%             | 2026-04-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL         | Mondelez International Inc                                                     | CUSIP: 60920WDW7<br>LEI: 549300DV9GIB88LZ5P30 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49832915.00  | 0.87%             | 2026-04-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Federated Hermes US Treasury C | Federated Hermes US Treasury Cash Reserves                                     | CUSIP: 60934N682<br>LEI: 25490003NTA1P9CI5X97 | Long             | STIV             | RF                | US        | 132926974 | NS      | $132926973.59 | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Treasury Securities Port | MSILF Treasury Securities Portfolio                                            | CUSIP: 61747C525<br>LEI: 549300OJY9IZ31SGS926 | Long             | STIV             | RF                | US        | 132926974 | NS      | $132926973.59 | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR VOYIX CORP                 | NCR Voyix Corp                                                                 | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   3825000 | PA      | $3687643.87   | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NGL ENRGY OP/FIN CORP          | NGL Energy Operating LLC / NGL Energy Finance Corp                             | CUSIP: 62922LAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  38780000 | PA      | $39967947.74  | 0.70%             | 2029-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| NEW ENTERPRISE STONE & L       | New Enterprise Stone & Lime Co Inc                                             | CUSIP: 644274AH5<br>LEI: 549300O5DQ5Y61B8VF38 | Long             | DBT              | CORP              | US        |  46500000 | PA      | $45842595.56  | 0.80%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RISEWELL HOMES INC             | Risewell Homes Inc                                                             | CUSIP: 645370AF4<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |  52500000 | PA      | $53028150.00  | 0.93%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| RISEWELL HOMES INC             | Risewell Homes Inc                                                             | CUSIP: 645370AG2<br>LEI: 549300PLCE8TB3TVRQ85 | Long             | DBT              | CORP              | US        |  14750000 | PA      | $14437087.60  | 0.25%             | 2030-11-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE        | Nissan Motor Acceptance Co LLC                                                 | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  33400000 | PA      | $32843867.96  | 0.57%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| ACCENDRA HEALTH INC            | Accendra Health Inc                                                            | CUSIP: 690732AF9<br>LEI: 549300LMT5KQQXCEZ733 | Long             | DBT              | CORP              | US        |  52310000 | PA      | $31606538.96  | 0.55%             | 2029-03-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Q2 HOLDINGS INC                | Q2 Holdings Inc                                                                | CUSIP: 74736LAD1<br>LEI: 549300M9RKR9DZXWS696 | Long             | DBT              | CORP              | US        |  30428000 | PA      | $30303223.90  | 0.53%             | 2026-06-01      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| RXO INC                        | RXO Inc                                                                        | CUSIP: 74982TAA1<br>LEI: 549300KL8CA6GP8XPM30 | Long             | DBT              | CORP              | US        |  32000000 | PA      | $30775382.40  | 0.54%             | 2031-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| REAL ALLOY EQUITY              | REAL ALLOY EQUITY                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       666 | NS      | $42097302.50  | 0.74%             |  |  |  | No            |                  3 | On Loan: No      |
| ROGERS COMMUNICATIONS          | Rogers Communications Inc/Ontario                                              | CUSIP: 77511MDG3<br>LEI: 54930030NVF3Y2OL0A78 | Long             | STIV             | CORP              | CA        |  49000000 | PA      | $48911300.20  | 0.85%             | 2026-04-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| SM ENERGY CO                   | SM Energy Co                                                                   | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |  24750000 | PA      | $24772694.51  | 0.43%             | 2034-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO            | Sherwin-Williams Co/The                                                        | CUSIP: 82434UE45<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49818885.00  | 0.87%             | 2026-05-04      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| 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        |  43604000 | PA      | $41930072.96  | 0.73%             | 2029-03-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SONIC AUTOMOTIVE INC           | Sonic Automotive Inc                                                           | CUSIP: 83545GBD3<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | DBT              | CORP              | US        |  34500000 | PA      | $33458434.31  | 0.58%             | 2029-11-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| ADR TONGJIANG CO. ESCROW       | ADR TONGJIANG CO. ESCROW                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |  61582000 | NS      | $46248.08     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| GLOBAL PART/GLP FINANCE        | Global Partners LP / GLP Finance Corp                                          | CUSIP: 37954FAL8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18700000 | PA      | $18860595.60  | 0.33%             | 2033-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| GLOBAL INFRASTRUCTURE SO       | Global Infrastructure Solutions Inc                                            | CUSIP: 37960XAA5<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |  51157000 | PA      | $50217353.34  | 0.88%             | 2029-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER         | Goodyear Tire & Rubber Co/The                                                  | CUSIP: 382550BJ9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9031451.00   | 0.16%             | 2031-04-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER         | Goodyear Tire & Rubber Co/The                                                  | CUSIP: 382550BN0<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |  14500000 | PA      | $13723172.65  | 0.24%             | 2029-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER         | Goodyear Tire & Rubber Co/The                                                  | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |  38082000 | PA      | $37171764.04  | 0.65%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES DREDGE&DOCK        | Great Lakes Dredge & Dock Corp                                                 | CUSIP: 390607AF6<br>LEI: 549300H65E3MZ1CX0P05 | Long             | DBT              | CORP              | US        |  30747000 | PA      | $30881622.66  | 0.54%             | 2029-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GRIFFON CORPORATION            | Griffon Corp                                                                   | CUSIP: 398433AP7<br>LEI: 5493000C2SGNC7ZN3242 | Long             | DBT              | CORP              | US        |  60288000 | PA      | $60218144.29  | 1.05%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HAS CAP INC OPP FUND           | HAS Capital Income Opportunity Fund II LLC                                     | CUSIP: 404083AB3<br>LEI: 549300R3FUKONGRMXM62 | Long             | DBT              | CORP              | US        |  21807000 | PA      | $13283515.98  | 0.23%             | 2031-08-31      | Fixed         | 8.00%                 | No            |                  3 | On Loan: No      |
| HCA INC                        | HCA Inc                                                                        | CUSIP: 40412DDQ9<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49857145.00  | 0.87%             | 2026-04-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HCA INC                        | HCA Inc                                                                        | CUSIP: 40412DDV8<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29895537.00  | 0.52%             | 2026-04-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER       | Harley-Davidson Financial Services Inc                                         | CUSIP: 41282KDL9<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | STIV             | CORP              | US        |  15000000 | PA      | $14965273.50  | 0.26%             | 2026-04-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER       | Harley-Davidson Financial Services Inc                                         | CUSIP: 41282KDM7<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | STIV             | CORP              | US        |  30000000 | PA      | $29926902.00  | 0.52%             | 2026-04-21      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINL SER       | Harley-Davidson Financial Services Inc                                         | CUSIP: 41282KDN5<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | STIV             | CORP              | US        |  10000000 | PA      | $9974445.00   | 0.17%             | 2026-04-22      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| HARROW INC                     | Harrow Inc                                                                     | CUSIP: 415858AC3<br>LEI: 529900AP4LIRLNV8A089 | Long             | DBT              | CORP              | US        |  31894000 | PA      | $32275292.77  | 0.56%             | 2030-09-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT         | HAT Holdings I LLC / HAT Holdings II LLC                                       | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  65841000 | PA      | $65612633.78  | 1.15%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| HECLA MINING CO                | Hecla Mining Co                                                                | CUSIP: 422704AH9<br>LEI: 5493009Y6HOBZD1QD537 | Long             | DBT              | CORP              | US        |  33967000 | PA      | $33962892.03  | 0.59%             | 2028-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC              | Herc Holdings Inc                                                              | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |  19000000 | PA      | $19494479.37  | 0.34%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC              | Herc Holdings Inc                                                              | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5418580.75   | 0.09%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC              | Herc Holdings Inc                                                              | CUSIP: 42704LAK0<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3386080.95   | 0.06%             | 2034-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BASF SE                        | BASF SE                                                                        | CUSIP: 05526MEB7<br>LEI: 529900PM64WH8AF1E917 | Long             | STIV             | CORP              | DE        |  50000000 | PA      | $49768065.00  | 0.87%             | 2026-05-11      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR         | Blackstone Mortgage Trust Inc                                                  | CUSIP: 09257WAF7<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | DBT              | CORP              | US        |  26000000 | PA      | $27319916.00  | 0.48%             | 2029-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP           | Boston Properties LP                                                           | CUSIP: 10113CDD5<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | STIV             | CORP              | US        |  33750000 | PA      | $33700576.50  | 0.59%             | 2026-04-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD INFRASTRUCTUR       | Brookfield Infrastructure Holdings Canada Inc                                  | CUSIP: 11275NDN1<br>LEI: 549300GV8LYH0T7DZO77 | Long             | STIV             | CORP              | CA        |  50000000 | PA      | $49872225.00  | 0.87%             | 2026-04-22      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| BURFORD CAPITAL GLBL FIN       | Burford Capital Global Finance LLC                                             | CUSIP: 12116LAA7<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |  25489000 | PA      | $24003501.08  | 0.42%             | 2028-04-15      | Fixed         | 6.25%                 | 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        |  45765000 | PA      | $42729467.04  | 0.75%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CPI CG INC                     | CPI CG Inc                                                                     | CUSIP: 12598FAC3<br>LEI: 254900H3R50WH1B1LB48 | Long             | DBT              | CORP              | US        |  47460000 | PA      | $50127489.30  | 0.88%             | 2029-07-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| COMMERCIAL METALS CO           | Commercial Metals Co                                                           | CUSIP: 201723AS2<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   6750000 | PA      | $6684308.33   | 0.12%             | 2033-11-15      | Fixed         | 5.75%                 | 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        |  84500000 | PA      | $57681144.95  | 1.01%             | 2029-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN        | Consolidated Energy Finance SA                                                 | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |  31700000 | PA      | $29560250.00  | 0.52%             | 2028-10-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN        | Consolidated Energy Finance SA                                                 | CUSIP: 20914UAH9<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |  19750000 | PA      | $19420372.50  | 0.34%             | 2031-02-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| CONSTELLATION EN GEN LLC       | Constellation Energy Generation LLC                                            | CUSIP: 21038QDL5<br>LEI: S2PEWKCZFFECR4533P43 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49877065.00  | 0.87%             | 2026-04-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CROWN AMER/CAP CORP V          | Crown Americas LLC / Crown Americas Capital Corp V                             | CUSIP: 22819KAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20895000 | PA      | $20829947.39  | 0.36%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CROWN CASTLE INC.              | Crown Castle Inc                                                               | CUSIP: 22823QDP3<br>LEI: 54930012H97VSM0I2R19 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49865115.00  | 0.87%             | 2026-04-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                    | Deluxe Corp                                                                    | CUSIP: 248019AU5<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |  33721000 | PA      | $33960419.10  | 0.59%             | 2029-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DELUXE CORP                    | Deluxe Corp                                                                    | CUSIP: 248019AW1<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | DBT              | CORP              | US        |  23450000 | PA      | $24355826.60  | 0.43%             | 2029-09-15      | Fixed         | 8.12%                 | 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        |  28196000 | PA      | $28141339.23  | 0.49%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DOLLARAMA INC.                 | Dollarama Inc                                                                  | CUSIP: 25675MDT6<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | STIV             | CORP              | CA        |  49000000 | PA      | $48845850.90  | 0.85%             | 2026-04-27      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC              | Iron Mountain Inc                                                              | CUSIP: 46284VAE1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $19926276.00  | 0.35%             | 2028-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                    | Nutrien Ltd                                                                    | CUSIP: 67077VD88<br>LEI: 5493002QQ7GD21OWF963 | Long             | STIV             | CORP              | CA        |  50000000 | PA      | $49955215.00  | 0.87%             | 2026-04-08      | Fixed         | 0.00%                 | 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        |  71689000 | PA      | $71106928.33  | 1.24%             | 2027-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP           | Parker-Hannifin Corp                                                           | CUSIP: 70109MEK6<br>LEI: 5493002CONDB4N2HKI23 | Long             | STIV             | CORP              | US        |  29000000 | PA      | $28840096.90  | 0.50%             | 2026-05-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PARKER-HANNIFIN CORP           | Parker-Hannifin Corp                                                           | CUSIP: 70109MEL4<br>LEI: 5493002CONDB4N2HKI23 | Long             | STIV             | CORP              | US        |  20000000 | PA      | $19887500.00  | 0.35%             | 2026-05-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC              | Upbound Group Inc                                                              | CUSIP: 76009NAL4<br>LEI: 529900QUHE15UQNCCJ63 | Long             | DBT              | CORP              | US        |  57600000 | PA      | $55864097.28  | 0.98%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Southeastern Grocers Inc       | Southeastern Grocers Inc                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   4649942 | NS      | $464.99       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| STANLEY BLACK & DECKER         | Stanley Black & Decker Inc                                                     | CUSIP: 85462DD26<br>LEI: 549300DJ09SMTO561131 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49988845.00  | 0.87%             | 2026-04-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STL HOLDING CO LLC             | STL Holding Co LLC                                                             | CUSIP: 861036AB7<br>LEI: 984500BC2I63E7F48656 | Long             | DBT              | CORP              | US        |   7750000 | PA      | $8011787.25   | 0.14%             | 2029-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SUNCOKE ENERGY INC             | SunCoke Energy Inc                                                             | CUSIP: 86722AAD5<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | DBT              | CORP              | US        |  54206000 | PA      | $48975088.48  | 0.86%             | 2029-06-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| US FOODS INC                   | US Foods Inc                                                                   | CUSIP: 90290MAD3<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |  23384000 | PA      | $23074945.36  | 0.40%             | 2029-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UWM HOLDINGS LLC               | UWM Holdings LLC                                                               | CUSIP: 903522AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12500000 | PA      | $11392325.00  | 0.20%             | 2031-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNITED NATURAL FOODS INC       | United Natural Foods Inc                                                       | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |  52027000 | PA      | $52103687.80  | 0.91%             | 2028-10-15      | 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        |  24195000 | PA      | $22669101.19  | 0.40%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNITED WHOLESALE MTGE LL       | United Wholesale Mortgage LLC                                                  | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |  11700000 | PA      | $11525627.88  | 0.20%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UPWORK INC                     | Upwork Inc                                                                     | CUSIP: 91688FAB0<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | DBT              | CORP              | US        |  14680000 | PA      | $14404750.00  | 0.25%             | 2026-08-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| VICI PROPERTIES / NOTE         | VICI Properties LP / VICI Note Co Inc                                          | CUSIP: 92564RAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  39276000 | PA      | $39175321.47  | 0.68%             | 2026-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                                       | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |  15841000 | PA      | $15848109.44  | 0.28%             | 2027-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                                       | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |  17150000 | PA      | $17096035.81  | 0.30%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC       | Vistra Operations Co LLC                                                       | CUSIP: 92840VAT9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6523107.50   | 0.11%             | 2026-12-30      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| THE BANCORP INC                | Bancorp Inc/The                                                                | CUSIP: 05969AAB1<br>LEI: 894500FP2ICT1B019Y71 | Long             | DBT              | CORP              | US        |  19500000 | PA      | $19752013.13  | 0.35%             | 2030-09-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP         | CCO Holdings LLC / CCO Holdings Capital Corp                                   | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4584000 | PA      | $4581641.07   | 0.08%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP         | CCO Holdings LLC / CCO Holdings Capital Corp                                   | CUSIP: 1248EPBX0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  44475000 | PA      | $44140330.07  | 0.77%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC              | CBRE Services Inc                                                              | CUSIP: 12610CFW5<br>LEI: 549300CTE3HOMEUMM603 | Long             | STIV             | CORP              | US        |  34000000 | PA      | $33647627.40  | 0.59%             | 2026-06-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| CACI INTERNATIONAL INC         | CACI International Inc                                                         | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |  11500000 | PA      | $11710475.88  | 0.20%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD         | Calumet Specialty Products Partners LP / Calumet Finance Corp                  | CUSIP: 131477AW1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  29232000 | PA      | $30320161.20  | 0.53%             | 2028-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD         | Calumet Specialty Products Partners LP / Calumet Finance Corp                  | CUSIP: 131477AZ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  35000000 | PA      | $36302875.00  | 0.63%             | 2028-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| CARRIAGE SERVICES INC          | Carriage Services Inc                                                          | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7800000 | PA      | $7402723.38   | 0.13%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CENTURY ALUMINUM COMPANY       | Century Aluminum Co                                                            | CUSIP: 156431AS7<br>LEI: 549300U5ODNGEYWKSW73 | Long             | DBT              | CORP              | US        |  27500000 | PA      | $28387150.00  | 0.50%             | 2032-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CHAMPION IRON CANADA INC       | Champion Iron Canada Inc                                                       | CUSIP: 15853BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |  51750000 | PA      | $53651709.00  | 0.94%             | 2032-07-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| COEUR MINING INC               | Coeur Mining Inc                                                               | CUSIP: 192108BC1<br>LEI: 5493003AVK173D48DR70 | Long             | DBT              | CORP              | US        |  66150000 | PA      | $65548193.76  | 1.14%             | 2029-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| EMPIRE COMMUNITIES CORP        | Empire Communities Corp                                                        | CUSIP: 29163VAG8<br>LEI: 549300JM1L6KK2QFP273 | Long             | DBT              | CORP              | CA        |  48250000 | PA      | $48494675.75  | 0.85%             | 2029-05-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ENPRO INC                      | Enpro Inc                                                                      | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |  33604000 | PA      | $34079731.83  | 0.60%             | 2033-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| ENOVA INTERNATIONAL INC        | Enova International Inc                                                        | CUSIP: 29357KAH6<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |  11750000 | PA      | $12439137.50  | 0.22%             | 2028-12-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| ENOVA INTERNATIONAL INC        | Enova International Inc                                                        | CUSIP: 29357KAK9<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |  43950000 | PA      | $44947928.70  | 0.79%             | 2029-08-01      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC              | Iron Mountain Inc                                                              | CUSIP: 46284VAP6<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |  40206000 | PA      | $41015789.05  | 0.72%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PAYPAL HOLDINGS INC            | PayPal Holdings Inc                                                            | CUSIP: 70452HEC8<br>LEI: 5493005X2GO78EFZ3E94 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49763985.00  | 0.87%             | 2026-05-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust                                                        | CUSIP: 70509VAA8<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | DBT              | CORP              | US        |  33350000 | PA      | $32567053.06  | 0.57%             | 2026-12-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| PENN ENTERTAINMENT INC         | Penn Entertainment Inc                                                         | CUSIP: 707569AU3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  34653000 | PA      | $34661663.25  | 0.61%             | 2026-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| PERENTI FINANCE PTY LTD        | Perenti Finance Pty Ltd                                                        | CUSIP: 71367VAB5<br>LEI: 894500ZDIIAOXSQHE612 | Long             | DBT              | CORP              | AU        |  12000000 | PA      | $12326739.00  | 0.22%             | 2029-04-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PERFORMANCE FOOD GROUP I       | Performance Food Group Inc                                                     | CUSIP: 71376LAH3<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |  14500000 | PA      | $14000752.24  | 0.24%             | 2034-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                    | Phillips 66                                                                    | CUSIP: 71855BD17<br>LEI: 5493005JBO5YSIGK1814 | Long             | STIV             | CORP              | US        |  58000000 | PA      | $57993591.00  | 1.01%             | 2026-04-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| PITNEY BOWES INC               | Pitney Bowes Inc                                                               | CUSIP: 724479AQ3<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |  62645000 | PA      | $62730003.00  | 1.10%             | 2029-03-15      | Fixed         | 7.25%                 | 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        |  25728000 | PA      | $25016555.71  | 0.44%             | 2029-04-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                      | Sunoco LP                                                                      | CUSIP: 86765KAM1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |  14750000 | PA      | $14642715.43  | 0.26%             | 2031-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| THOR INDUSTRIES                | Thor Industries Inc                                                            | CUSIP: 885160AA9<br>LEI: 254900XZO1228PDSG060 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9450828.00   | 0.17%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TIDEWATER INC                  | Tidewater Inc                                                                  | CUSIP: 88642RAE9<br>LEI: 2549000JA5GRUPLMUH98 | Long             | DBT              | CORP              | US        |  24000000 | PA      | $25562520.00  | 0.45%             | 2030-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| TRIPADVISOR INC                | TripAdvisor Inc                                                                | CUSIP: 896945AD4<br>LEI: 549300XVG45PT5BART17 | Long             | DBT              | CORP              | US        |  29000000 | PA      | $29036251.45  | 0.51%             | 2026-04-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| TUTOR PERINI CORP              | Tutor Perini Corp                                                              | CUSIP: 901109AG3<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | DBT              | CORP              | US        |  33277000 | PA      | $36474886.42  | 0.64%             | 2029-04-30      | Fixed         | 11.88%                | No            |                  2 | On Loan: No      |
| UNISYS CORP                    | Unisys Corp                                                                    | CUSIP: 909214BX5<br>LEI: 549300T21W22FIJJOW08 | Long             | DBT              | CORP              | US        |  85000000 | PA      | $73214886.00  | 1.28%             | 2031-01-15      | Fixed         | 10.62%                | No            |                  2 | On Loan: No      |
| ZIFF DAVIS INC                 | Ziff Davis Inc                                                                 | CUSIP: 48123VAE2<br>LEI: 5493008OJYGLHD7MXA18 | Long             | DBT              | CORP              | US        |  30595000 | PA      | $30059587.50  | 0.53%             | 2026-11-01      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| WILLIAM CARTER                 | William Carter Co/The                                                          | CUSIP: 96926JAG2<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |  43300000 | PA      | $44209040.20  | 0.77%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| XEROX CORPORATION              | Xerox Corp                                                                     | CUSIP: 984121CS0<br>LEI: 4KF48RN45X1OO8UBLY20 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $11325000.00  | 0.20%             | 2030-10-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                  | FirstCash Inc                                                                  | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |  19500000 | PA      | $19446164.40  | 0.34%             | 2030-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                  | FirstCash Inc                                                                  | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14724076.50  | 0.26%             | 2028-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH INC                  | FirstCash Inc                                                                  | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |  24500000 | PA      | $24994116.00  | 0.44%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY             | Ford Motor Co                                                                  | CUSIP: 345370CX6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $10243481.85  | 0.18%             | 2030-04-22      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| GFL ENVIRONMENTAL HOL          | GFL Environmental Holdings US Inc                                              | CUSIP: 36273TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18500000 | PA      | $18175620.08  | 0.32%             | 2034-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN          | Genesis Energy LP / Genesis Energy Finance Corp                                | CUSIP: 37185LAS1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9500000 | PA      | $9461975.59   | 0.17%             | 2034-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO               | Genuine Parts Co                                                               | CUSIP: 37255GDQ8<br>LEI: 549300D46DQVEU651W04 | Long             | STIV             | CORP              | US        |  54000000 | PA      | $53846434.80  | 0.94%             | 2026-04-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GLENCORE FUNDING LLC           | Glencore Funding LLC                                                           | CUSIP: 37790BD81<br>LEI: 213800STG1QDNBY87K49 | Long             | STIV             | CORP              | US        |  50000000 | PA      | $49956865.00  | 0.87%             | 2026-04-08      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                      | IQVIA Inc                                                                      | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |  14500000 | PA      | $14520314.50  | 0.25%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WABASH NATIONAL CORP           | Wabash National Corp                                                           | CUSIP: 929566AL1<br>LEI: 5299004ZAWHQZI5XO485 | Long             | DBT              | CORP              | US        |  56550000 | PA      | $49585160.63  | 0.87%             | 2028-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WESCO DISTRIBUTION INC         | WESCO Distribution Inc                                                         | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |  64308000 | PA      | $64658028.44  | 1.13%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC       | Ford Motor Credit Co LLC                                                       | CUSIP: 345397B77<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   7541000 | PA      | $7485768.21   | 0.13%             | 2026-08-10      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| GENESIS ENERGY LP/FIN          | Genesis Energy LP / Genesis Energy Finance Corp                                | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11900000 | PA      | $12433244.71  | 0.22%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| IAMGOLD CORP                   | IAMGOLD Corp                                                                   | CUSIP: 450913AF5<br>LEI: 254900E7II30XAB9LA72 | Long             | DBT              | CORP              | CA        |  56727000 | PA      | $56486239.27  | 0.99%             | 2028-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2        | INEOS Quattro Finance 2 Plc                                                    | CUSIP: 45674GAB0<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |  17500000 | PA      | $14415625.00  | 0.25%             | 2029-03-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| INSTALLED BUILDING PRODU       | Installed Building Products Inc                                                | CUSIP: 45780RAB7<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |  13700000 | PA      | $13399050.73  | 0.23%             | 2034-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| HMH HOLDING BV                 | HMH Holding BV                                                                 | CUSIP: DC0528638<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |  22600000 | PA      | $22915647.42  | 0.40%             | 2028-12-17      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Professionally Managed Portfolios

**Signature:** /s/ Kathryn LaPlante Johnson

**Name of Signer:** Kathryn LaPlante Johnson

**Title:** Assistant Treasurer