# EDGAR Filing Document

**Accession Number:** 0001572617
**File Stem:** 0000940400-25-010911
**Filing Date:** 2025-11
**Character Count:** 246122
**Document Hash:** 7647257a1a729c0b8b511f503d190ee8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-010911.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000940400-25-010911

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus Event Opportunities Trust
- **CENTRAL INDEX KEY:** 0001572617

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22818
- **FILM NUMBER:** 251527489

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 800-243-1574

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Westchester Capital Funds
- **DATE OF NAME CHANGE:** 20130320

## Series and Classes Contracts Data

### Virtus Westchester Event-Driven Fund (Series ID: S000040968)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000127094 | Class A      | WCERX           |
| C000127095 | Class I      | WCEIX           |

## Nport-Ex

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited)**

**September 30, 2025**

($ reported in thousands)

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

---

| | | |
|:---|:---|:---|
|  | **Par Value**<sup>(1)</sup> <br>| **Value** |
| **Convertible Bonds and Notes—3.9%** | **Convertible Bonds and Notes—3.9%** | **Convertible Bonds and Notes—3.9%** |
| **Information Technology—3.9%** | **Information Technology—3.9%** |  |
| &nbsp;&nbsp;&nbsp; ams-OSRAM AG RegS <br>2.125%, 11/3/27<sup>(2)</sup> <br>| 3800 <br><sup>EUR</sup><br>| &nbsp;&nbsp; $4266 |
| &nbsp;&nbsp;&nbsp; Dye & Durham Ltd. 144A <br>3.750%, 3/1/26<sup>(3)</sup> <br>| 1176 <br><sup>CAD</sup><br>| &nbsp;&nbsp; 839 |
|  |  | &nbsp;&nbsp; 5105 |
| **Total Convertible Bonds and Notes** <br>**(Identified Cost $4,925)** | **Total Convertible Bonds and Notes** <br>**(Identified Cost $4,925)** | &nbsp;&nbsp; **5105** |
| **Corporate Bonds and Notes—17.2%** | **Corporate Bonds and Notes—17.2%** | **Corporate Bonds and Notes—17.2%** |
| **Communication Services—3.0%** | **Communication Services—3.0%** |  |
| &nbsp;&nbsp;&nbsp; EchoStar Corp. <br>10.750%, 11/30/29<br>| $975 | &nbsp;&nbsp; 1072 |
| &nbsp;&nbsp;&nbsp; Getty Images, Inc. 144A <br>11.250%, 2/21/30<sup>(3)</sup> <br>| 3000 | &nbsp;&nbsp; 2865 |
|  |  | &nbsp;&nbsp; 3937 |
| **Energy—3.4%** | **Energy—3.4%** |  |
| &nbsp;&nbsp;&nbsp; California Resources Corp. 144A <br>7.125%, 2/1/26<sup>(3)</sup> <br>| 184 | &nbsp;&nbsp; 184 |
| &nbsp;&nbsp;&nbsp; Calumet Specialty Products Partners LP 144A <br>11.000%, 4/15/26<sup>(3)</sup> <br>| 2938 | &nbsp;&nbsp; 2935 |
| &nbsp;&nbsp;&nbsp; Shelf Drilling Holdings Ltd. 144A <br>9.625%, 4/15/29<sup>(3)</sup> <br>| 1205 | &nbsp;&nbsp; 1259 |
|  |  | &nbsp;&nbsp; 4378 |
| **Financials—2.6%** | **Financials—2.6%** |  |
| Frontier Communications Holdings LLC |  |  |
| &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;&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; <br>5.875%, 11/1/29 | 553 | &nbsp;&nbsp; 559 |
| &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;&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; <br>144A 6.000%, 1/15/30<sup>(3)</sup> <br>| 1093 | &nbsp;&nbsp; 1106 |
| &nbsp;&nbsp;&nbsp; Mobius Merger Sub, Inc. 144A <br>9.000%, 6/1/30<sup>(3)</sup> <br>| 555 | &nbsp;&nbsp; 465 |
| &nbsp;&nbsp;&nbsp; SBL Holdings, Inc. 144A <br>6.500% <sup>(3)(4)</sup> <br>| 1144 | &nbsp;&nbsp; 1113 |
| &nbsp;&nbsp;&nbsp; United Airlines, Inc. Pass-Through Trust 2016-2, B <br>3.650%, 4/7/27<br>| 113 | &nbsp;&nbsp; 113 |
|  |  | &nbsp;&nbsp; 3356 |
| **Industrials—4.4%** | **Industrials—4.4%** |  |
| &nbsp;&nbsp;&nbsp; La Financiere Atalian SAS (3.500% Cash and 5.000% <br> PIK) <br>8.500%, 6/30/28<sup>(5)</sup> <br>| — <br><sup>EUR</sup><sup>(6)</sup><br>| &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mauser Packaging Solutions Holding Co. 144A <br>9.250%, 4/15/27<sup>(3)(7)</sup> <br>| 5703 | &nbsp;&nbsp; 5716 |
|  |  | &nbsp;&nbsp; 5716 |
| **Information Technology—0.2%** | **Information Technology—0.2%** |  |
| &nbsp;&nbsp;&nbsp; ams-OSRAM AG RegS <br>10.500%, 3/30/29<sup>(2)</sup> <br>| 210 <br><sup>EUR</sup><br>| &nbsp;&nbsp; 263 |

---

---

| | | |
|:---|:---|:---|
|  | **Par Value**<sup>(1)</sup> | **Value** |
| **Materials—3.6%** | **Materials—3.6%** |  |
| &nbsp;&nbsp;&nbsp; Illuminate Buyer LLC 144A <br>9.000%, 7/1/28<sup>(3)(7)</sup> <br>| $4722 | &nbsp;&nbsp; $4737 |
| **Total Corporate Bonds and Notes** <br>**(Identified Cost $22,330)** | **Total Corporate Bonds and Notes** <br>**(Identified Cost $22,330)** | &nbsp;&nbsp; **22387** |
| **Leveraged Loans—7.1%** | **Leveraged Loans—7.1%** | **Leveraged Loans—7.1%** |
| **Aerospace—2.3%** | **Aerospace—2.3%** |  |
| &nbsp;&nbsp;&nbsp; Spirit AeroSystems, Inc. (3 month Term SOFR + <br> 4.500%) <br>8.808%, 1/15/27<sup>(8)</sup> <br>| 2990 | &nbsp;&nbsp; 2999 |
| **Media / Telecom - Telecommunications—4.6%** | **Media / Telecom - Telecommunications—4.6%** |  |
| Lumen Technologies, Inc. |  |  |
| &nbsp;&nbsp;&nbsp; Tranche B-1 (1 month Term SOFR + 2.464%) <br>6.628%, 4/15/29<sup>(8)</sup> <br>| 607 | &nbsp;&nbsp; 602 |
| &nbsp;&nbsp;&nbsp; Tranche B-2 (1 month Term SOFR + 2.464%) <br>6.628%, 4/15/30<sup>(8)</sup> <br>| 2758 | &nbsp;&nbsp; 2738 |
| &nbsp;&nbsp;&nbsp; Syniverse Holdings, Inc. (3 month Term SOFR + <br> 7.000%) <br>11.002%, 5/13/27<sup>(8)</sup> <br>| 2716 | &nbsp;&nbsp; 2633 |
|  |  | &nbsp;&nbsp; 5973 |
| **Media / Telecom - Wireless Communications—0.2%** | **Media / Telecom - Wireless Communications—0.2%** |  |
| &nbsp;&nbsp;&nbsp; Commscope, Inc. <br>0.000%, 12/17/29<sup>(8)(9)</sup> <br>| 280 | &nbsp;&nbsp; 283 |
| **Total Leveraged Loans** <br>**(Identified Cost $9,307)** | **Total Leveraged Loans** <br>**(Identified Cost $9,307)** | &nbsp;&nbsp; **9255** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **Closed-End Funds—2.9%** | **Closed-End Funds—2.9%** | **Closed-End Funds—2.9%** |
| **Equity Funds—2.9%** | **Equity Funds—2.9%** |  |
| BlackRock Municipal Income Quality Trust<sup>(10)</sup> <br>| 52916 | &nbsp;&nbsp; 579 |
| BlackRock MuniHoldings Fund, Inc.<sup>(10)</sup> <br>| 22077 | &nbsp;&nbsp; 259 |
| BlackRock MuniHoldings Quality Fund II, Inc.<sup>(10)</sup> <br>| 22077 | &nbsp;&nbsp; 222 |
| BlackRock MuniYield Quality Fund III, Inc.<sup>(10)</sup> <br>| 34978 | &nbsp;&nbsp; 388 |
| BlackRock MuniYield Quality Fund, Inc.<sup>(10)</sup> <br>| 70855 | &nbsp;&nbsp; 826 |
| Eaton Vance Floating-Rate Income Trust<sup>(10)</sup> <br>| 13115 | &nbsp;&nbsp; 154 |
| Franklin Universal Trust<sup>(10)</sup> <br>| 43979 | &nbsp;&nbsp; 354 |
| Nuveen AMT-Free Municipal Credit Income Fund<sup>(10)</sup> <br>| 67123 | &nbsp;&nbsp; 825 |
| Saba Capital Income & Opportunities Fund<sup>(10)</sup> <br>| 14715 | &nbsp;&nbsp; 114 |
|  |  | &nbsp;&nbsp; 3721 |
| **Total Closed-End Funds** <br>**(Identified Cost $3,700)** | **Total Closed-End Funds** <br>**(Identified Cost $3,700)** | &nbsp;&nbsp; **3721** |
| **Preferred Stocks—1.5%** | **Preferred Stocks—1.5%** | **Preferred Stocks—1.5%** |
| **Financials—0.4%** | **Financials—0.4%** |  |
| Federal Home Loan Mortgage Corp. Series Z, 8.375%<sup>(8)</sup> <br>| 16100 | &nbsp;&nbsp; 252 |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association Series T, <br> 8.250%<br>| 6425 | &nbsp;&nbsp; 101 |
| &nbsp;&nbsp;&nbsp; Federal National Mortgage Association Series S, <br> 8.250%<sup>(8)</sup> <br>| 13799 | &nbsp;&nbsp; 229 |
|  |  | &nbsp;&nbsp; 582 |

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate—1.1%** | **Real Estate—1.1%** |  |
| City Office REIT, Inc. Series A, 6.625% | 55125 | &nbsp;&nbsp; $1389 |
| **Total Preferred Stocks** <br>**(Identified Cost $1,836)** | **Total Preferred Stocks** <br>**(Identified Cost $1,836)** | &nbsp;&nbsp; **1971** |
| **Common Stocks—39.8%** | **Common Stocks—39.8%** | **Common Stocks—39.8%** |
| **Communication Services—19.5%** | **Communication Services—19.5%** |  |
| Comcast Corp. Class A<sup>(7)</sup> <br>| 57500 | &nbsp;&nbsp; 1807 |
| Electronic Arts, Inc. | 4413 | &nbsp;&nbsp; 890 |
| Endeavor Group Holdings, Inc. Class A <sup>(11)(12)</sup> <br>| 389302 | &nbsp;&nbsp; 11788 |
| Frontier Communications Parent, Inc.<sup>(13)</sup> <br>| 1063 | &nbsp;&nbsp; 40 |
| GCI Liberty, Inc. Class A<sup>(13)</sup> <br>| 513 | &nbsp;&nbsp; 19 |
| IAC, Inc.<sup>(13)</sup> <br>| 20405 | &nbsp;&nbsp; 695 |
| Interpublic Group of Cos., Inc. (The)<sup>(7)</sup> <br>| 124455 | &nbsp;&nbsp; 3474 |
| Liberty Broadband Corp. Class A<sup>(7)(13)</sup> <br>| 39292 | &nbsp;&nbsp; 2488 |
| TEGNA, Inc. | 7734 | &nbsp;&nbsp; 157 |
| Warner Bros Discovery, Inc.<sup>(7)(13)</sup> <br>| 203800 | &nbsp;&nbsp; 3980 |
|  |  | &nbsp;&nbsp; 25338 |
| **Consumer Discretionary—1.7%** | **Consumer Discretionary—1.7%** |  |
| Aptiv plc<sup>(13)</sup> <br>| 16000 | &nbsp;&nbsp; 1379 |
| Hanesbrands, Inc.<sup>(13)</sup> <br>| 120428 | &nbsp;&nbsp; 794 |
|  |  | &nbsp;&nbsp; 2173 |
| **Consumer Staples—2.6%** | **Consumer Staples—2.6%** |  |
| Kellanova | 3369 | &nbsp;&nbsp; 276 |
| Keurig Dr Pepper, Inc.<sup>(7)</sup> <br>| 96214 | &nbsp;&nbsp; 2455 |
| Kraft Heinz Co. (The) | 24693 | &nbsp;&nbsp; 643 |
|  |  | &nbsp;&nbsp; 3374 |
| **Energy—0.8%** | **Energy—0.8%** |  |
| Aris Water Solutions, Inc. Class A | 16254 | &nbsp;&nbsp; 401 |
| Parkland Corp. | 23749 | &nbsp;&nbsp; 657 |
|  |  | &nbsp;&nbsp; 1058 |
| **Financials—3.4%** | **Financials—3.4%** |  |
| Acropolis Infrastructure<sup>(11)(13)</sup> <br>| 39798 | &nbsp;&nbsp; — |
| Cantaloupe, Inc.<sup>(13)</sup> <br>| 14269 | &nbsp;&nbsp; 151 |
| Guild Holdings Co. Class A | 33830 | &nbsp;&nbsp; 675 |
| MidCap Financial Investment Corp. | 7702 | &nbsp;&nbsp; 92 |
| Mr. Cooper Group, Inc. | 1699 | &nbsp;&nbsp; 358 |
| ProAssurance Corp.<sup>(7)(13)</sup> <br>| 103578 | &nbsp;&nbsp; 2485 |
| Veritex Holdings, Inc. | 18953 | &nbsp;&nbsp; 635 |
|  |  | &nbsp;&nbsp; 4396 |
| **Health Care—2.2%** | **Health Care—2.2%** |  |
| Inhibrx, Inc.<sup>(13)</sup> <br>| 35267 | &nbsp;&nbsp; 40 |
| Merus N.V.<sup>(13)</sup> <br>| 5204 | &nbsp;&nbsp; 490 |
| Verona Pharma plc ADR<sup>(13)</sup> <br>| 22071 | &nbsp;&nbsp; 2355 |
|  |  | &nbsp;&nbsp; 2885 |
| **Industrials—4.0%** | **Industrials—4.0%** |  |
| Air Lease Corp. Class A | 7024 | &nbsp;&nbsp; 447 |
| Chart Industries, Inc.<sup>(13)</sup> <br>| 98 | &nbsp;&nbsp; 20 |
| CSX Corp.<sup>(7)</sup> <br>| 93484 | &nbsp;&nbsp; 3320 |
| Spirit AeroSystems Holdings, Inc. Class A<sup>(13)</sup> <br>| 25936 | &nbsp;&nbsp; 1001 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials—continued** | **Industrials—continued** |  |
| TaskUS, Inc. Class A<sup>(13)</sup> <br>| 18062 | &nbsp;&nbsp; $322 |
|  |  | &nbsp;&nbsp; 5110 |
| **Information Technology—2.1%** | **Information Technology—2.1%** |  |
| CyberArk Software Ltd.<sup>(7)(13)</sup> <br>| 5727 | &nbsp;&nbsp; 2767 |
| **Materials—3.3%** | **Materials—3.3%** |  |
| DuPont de Nemours, Inc. | 8700 | &nbsp;&nbsp; 678 |
| Teck Resources Ltd. Class B<sup>(7)</sup> <br>| 82890 | &nbsp;&nbsp; 3638 |
|  |  | &nbsp;&nbsp; 4316 |
| **Utilities—0.2%** | **Utilities—0.2%** |  |
| ALLETE, Inc. | 4046 | &nbsp;&nbsp; 268 |
| **Total Common Stocks** <br>**(Identified Cost $50,018)** | **Total Common Stocks** <br>**(Identified Cost $50,018)** | &nbsp;&nbsp; **51685** |
| **Rights—0.4%** | **Rights—0.4%** | **Rights—0.4%** |
| **Financials—0.0%** | **Financials—0.0%** |  |
| Pershing Tontine Spar, 09/29/33<sup>(11)(13)</sup> <br>| 11093 | &nbsp;&nbsp; 5 |
| **Health Care—0.1%** | **Health Care—0.1%** |  |
| Akouos, Inc., 12/31/49<sup>(11)(13)</sup> <br>| 26079 | &nbsp;&nbsp; 20 |
| Bristol-Myers Squibb Co., 12/31/35<sup>(11)(13)</sup> <br>| 169085 | &nbsp;&nbsp; 148 |
|  |  | &nbsp;&nbsp; 168 |
| **Materials—0.3%** | **Materials—0.3%** |  |
| Pan American Silver Corp., 12/31/48<sup>(13)</sup> <br>| 978488 | &nbsp;&nbsp; 342 |
| **Total Rights** <br>**(Identified Cost $585)** | **Total Rights** <br>**(Identified Cost $585)** | &nbsp;&nbsp; **515** |
| **Warrants—0.1%** | **Warrants—0.1%** | **Warrants—0.1%** |
| **Communication Services—0.0%** | **Communication Services—0.0%** |  |
| BuzzFeed, Inc., 12/01/26<sup>(13)</sup> <br>| 17099 | &nbsp;&nbsp; 1 |
| GIBO Holdings Ltd., 05/08/30<sup>(13)</sup> <br>| 6595 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
|  |  | &nbsp;&nbsp; 1 |
| **Consumer Discretionary—0.0%** | **Consumer Discretionary—0.0%** |  |
| Allurion Technologies, Inc., 08/01/30<sup>(13)</sup> <br>| 13340 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| ECARX Holdings, Inc., 12/21/27<sup>(13)</sup> <br>| 27750 | &nbsp;&nbsp; 2 |
| Grove Collaborative Holdings, 06/16/27<sup>(13)</sup> <br>| 20136 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Zapp Electric Vehicles Group Ltd., 03/03/28<sup>(13)</sup> <br>| 13420 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
|  |  | &nbsp;&nbsp; 2 |
| **Financials—0.1%** | **Financials—0.1%** |  |
| 26 Capital Acquisition Corp., 12/31/27<sup>(13)</sup> <br>| 25800 | &nbsp;&nbsp; — |
| Alchemy Investments Acquisition Corp. 1, 06/26/28<sup>(13)</sup> <br>| 17935 | &nbsp;&nbsp; 2 |
| Aldel Financial II, Inc., 10/10/29<sup>(13)</sup> <br>| 9701 | &nbsp;&nbsp; 5 |
| AltEnergy Acquisition Corp., 11/10/28<sup>(13)</sup> <br>| 5160 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Archimedes Tech SPAC Partners II Co., 04/02/30<sup>(13)</sup> <br>| 7214 | &nbsp;&nbsp; 2 |
| Cartesian Growth Corp. II, 07/12/28<sup>(13)</sup> <br>| 5799 | &nbsp;&nbsp; 1 |
| Copley Acquisition Corp., 05/23/30<sup>(13)</sup> <br>| 2932 | &nbsp;&nbsp; 1 |
| Corner Growth Acquisition Corp., 12/31/27<sup>(11)(13)</sup> <br>| 20673 | &nbsp;&nbsp; — |
| EVe Mobility Acquisition Corp., 12/31/28<sup>(11)(13)</sup> <br>| 12551 | &nbsp;&nbsp; — |
| Gesher Acquisition Corp. II, 03/12/30<sup>(13)</sup> <br>| 5680 | &nbsp;&nbsp; 2 |

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials—continued** | **Financials—continued** |  |
| Goal Acquisitions Corp., 02/11/26<sup>(13)</sup> <br>| 272843 | &nbsp;&nbsp; $3 |
| Iron Horse Acquisitions Corp., 02/16/29<sup>(13)</sup> <br>| 31641 | &nbsp;&nbsp; 3 |
| Jaws Mustang Acquisition Corp., 01/30/26<sup>(13)</sup> <br>| 23996 | &nbsp;&nbsp; 1 |
| Keen Vision Acquisition Corp., 09/15/28<sup>(13)</sup> <br>| 67562 | &nbsp;&nbsp; 4 |
| Newbury Street Acquisition Corp., 12/31/27<sup>(13)</sup> <br>| 28549 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Newbury Street II Acquisition Corp., 12/29/29<sup>(13)</sup> <br>| 12867 | &nbsp;&nbsp; 3 |
| Roman DBDR Acquisition Corp. II, 02/03/30<sup>(13)</sup> <br>| 7615 | &nbsp;&nbsp; 4 |
| Slam Corp. Class A, 12/31/27<sup>(13)</sup> <br>| 43478 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Spark I Acquisition Corp., 11/27/28<sup>(13)</sup> <br>| 28847 | &nbsp;&nbsp; 16 |
| Stellar V Capital Corp., 03/24/30<sup>(13)</sup> <br>| 4836 | &nbsp;&nbsp; 2 |
| Target Global Acquisition I Corp., 12/31/27<sup>(13)</sup> <br>| 10328 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Titan Acquisition Corp., 06/02/30<sup>(13)</sup> <br>| 12485 | &nbsp;&nbsp; 4 |
| XBP Global Holdings, Inc., 12/31/27<sup>(13)</sup> <br>| 14261 | &nbsp;&nbsp; 1 |
| Zeo Energy Corp., 10/20/26<sup>(13)</sup> <br>| 5942 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
|  |  | &nbsp;&nbsp; 54 |
| **Health Care—0.0%** | **Health Care—0.0%** |  |
| CERo Therapeutics Holdings, Inc., 02/14/29<sup>(13)</sup> <br>| 5078 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Tevogen Bio Holdings, Inc., 11/04/26<sup>(13)</sup> <br>| 6900 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
|  |  | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| **Industrials—0.0%** | **Industrials—0.0%** |  |
| Bridger Aerospace Group Holdings, Inc., 01/25/28<sup>(13)</sup> <br>| 27000 | &nbsp;&nbsp; 2 |
| Getaround, Inc., 03/09/26<sup>(13)</sup> <br>| 11166 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Volato Group, Inc., 12/03/28<sup>(13)</sup> <br>| 13646 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
|  |  | &nbsp;&nbsp; 2 |
| **Information Technology—0.0%** | **Information Technology—0.0%** |  |
| FOXO Technologies, Inc., 08/01/27<sup>(13)</sup> <br>| 26187 | &nbsp;&nbsp; 1 <br><sup>(6)</sup><br>|
| iLearningEngines Holdings, Inc., 03/02/26<sup>(13)</sup> <br>| 60113 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| LeddarTech Holdings, Inc., 09/21/28<sup>(13)</sup> <br>| 58973 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Movella Holdings, Inc., 12/31/27<sup>(13)</sup> <br>| 11102 | &nbsp;&nbsp; — <br><sup>(6)</sup><br>|
| Veea, Inc., 03/18/26<sup>(13)</sup> <br>| 17325 | &nbsp;&nbsp; 1 |
|  |  | &nbsp;&nbsp; 2 |
| **Total Warrants** <br>**(Identified Cost $381)** | **Total Warrants** <br>**(Identified Cost $381)** | &nbsp;&nbsp; **61** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares/Units** |  |
| **Special Purpose Acquisition Companies—14.6%** | **Special Purpose Acquisition Companies—14.6%** | **Special Purpose Acquisition Companies—14.6%** |
| 1RT Acquisition Corp.<sup>(13)</sup> <br>| 5247 | &nbsp;&nbsp; 55 |
| A Paradise Acquisition Corp.<sup>(13)</sup> <br>| 4625 | &nbsp;&nbsp; 46 |
| A Paradise Acquisition Corp. Class A<sup>(13)</sup> <br>| 39114 | &nbsp;&nbsp; 387 |
| AA Mission Acquisition Corp. Class A<sup>(13)</sup> <br>| 23805 | &nbsp;&nbsp; 250 |
| Archimedes Tech SPAC Partners II Co.<sup>(13)</sup> <br>| 25507 | &nbsp;&nbsp; 260 |
| Armada Acquisition Corp. II<sup>(13)</sup> <br>| 18205 | &nbsp;&nbsp; 189 |
| Armada Acquisition Corp. II Class A<sup>(13)</sup> <br>| 29479 | &nbsp;&nbsp; 308 |
| Axiom Intelligence Acquisition Corp. 1<sup>(13)</sup> <br>| 8143 | &nbsp;&nbsp; 82 |
| Axiom Intelligence Acquisition Corp. 1 Class A<sup>(13)</sup> <br>| 22157 | &nbsp;&nbsp; 221 |
| Bain Capital GSS Investment Corp.<sup>(13)</sup> <br>| 1105 | &nbsp;&nbsp; 11 |
| Bayview Acquisition Corp. Class A<sup>(13)</sup> <br>| 8153 | &nbsp;&nbsp; 91 |
| Berto Acquisition Corp.<sup>(13)</sup> <br>| 3518 | &nbsp;&nbsp; 38 |
| BEST SPAC I Acquisition Corp.<sup>(13)</sup> <br>| 2328 | &nbsp;&nbsp; 24 |
| Blue Acquisition Corp.<sup>(13)</sup> <br>| 9311 | &nbsp;&nbsp; 94 |
| Blue Water Acquisition Corp. III<sup>(13)</sup> <br>| 23244 | &nbsp;&nbsp; 235 |
| Blue Water Acquisition Corp. III Class A<sup>(13)</sup> <br>| 21041 | &nbsp;&nbsp; 210 |
| BTC Development Corp.<sup>(13)</sup> <br>| 2209 | &nbsp;&nbsp; 22 |
| Cal Redwood Acquisition Corp.<sup>(13)</sup> <br>| 7000 | &nbsp;&nbsp; 72 |
| Cal Redwood Acquisition Corp. Class A<sup>(13)</sup> <br>| 23285 | &nbsp;&nbsp; 233 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares/Units** | **Value** |
| Cantor Equity Partners I, Inc. Class A<sup>(13)</sup> <br>| 5565 | &nbsp;&nbsp; $58 |
| Cantor Equity Partners III, Inc. Class A<sup>(13)</sup> <br>| 2328 | &nbsp;&nbsp; 24 |
| Cantor Equity Partners IV, Inc. Class A<sup>(13)</sup> <br>| 8871 | &nbsp;&nbsp; 90 |
| Cartesian Growth Corp. III<sup>(13)</sup> <br>| 4645 | &nbsp;&nbsp; 47 |
| Cartesian Growth Corp. III Class A<sup>(13)</sup> <br>| 31439 | &nbsp;&nbsp; 316 |
| ChampionsGate Acquisition Corp.<sup>(13)</sup> <br>| 2797 | &nbsp;&nbsp; 28 |
| Chenghe Acquisition III Co.<sup>(13)</sup> <br>| 12168 | &nbsp;&nbsp; 121 |
| CO2 Energy Transition Corp.<sup>(13)</sup> <br>| 102834 | &nbsp;&nbsp; 1045 |
| Cohen Circle Acquisition Corp. II<sup>(13)</sup> <br>| 9839 | &nbsp;&nbsp; 101 |
| Columbus Circle Capital Corp. I Class A<sup>(13)</sup> <br>| 6694 | &nbsp;&nbsp; 68 |
| Copley Acquisition Corp. Class A<sup>(13)</sup> <br>| 10880 | &nbsp;&nbsp; 110 |
| CSLM Digital Asset Acquisition Corp. III Ltd.<sup>(13)</sup> <br>| 17727 | &nbsp;&nbsp; 179 |
| D Boral ARC Acquisition I Corp. Class A<sup>(13)</sup> <br>| 54589 | &nbsp;&nbsp; 542 |
| Drugs Made In America Acquisition II Corp.<sup>(13)</sup> <br>| 8835 | &nbsp;&nbsp; 88 |
| Dune Acquisition Corp. II<sup>(13)</sup> <br>| 17132 | &nbsp;&nbsp; 175 |
| EGH Acquisition Corp.<sup>(13)</sup> <br>| 3495 | &nbsp;&nbsp; 35 |
| EGH Acquisition Corp. Class A<sup>(13)</sup> <br>| 11632 | &nbsp;&nbsp; 117 |
| Emmis Acquisition Corp.<sup>(13)</sup> <br>| 7731 | &nbsp;&nbsp; 77 |
| EQV Ventures Acquisition Corp. II<sup>(13)</sup> <br>| 75000 | &nbsp;&nbsp; 751 |
| ESH Acquisition Corp.<sup>(13)</sup> <br>| 34175 | &nbsp;&nbsp; 6 |
| Eureka Acquisition Corp.<sup>(13)</sup> <br>| 2338 | &nbsp;&nbsp; 25 |
| FG Merger II Corp.<sup>(13)</sup> <br>| 65183 | &nbsp;&nbsp; 651 |
| Fifth Era Acquisition Corp. I Class A<sup>(13)</sup> <br>| 3828 | &nbsp;&nbsp; 39 |
| FIGX Capital Acquisition Corp.<sup>(13)</sup> <br>| 3958 | &nbsp;&nbsp; 40 |
| FIGX Capital Acquisition Corp. Class A<sup>(13)</sup> <br>| 5448 | &nbsp;&nbsp; 54 |
| Flag Ship Acquisition Corp.<sup>(13)</sup> <br>| 2336 | &nbsp;&nbsp; 25 |
| Future Vision II Acquisition Corp.<sup>(13)</sup> <br>| 17683 | &nbsp;&nbsp; 185 |
| FutureCrest Acquisition Corp.<sup>(13)</sup> <br>| 442 | &nbsp;&nbsp; 5 |
| Galata Acquisition Corp. II<sup>(13)</sup> <br>| 7747 | &nbsp;&nbsp; 77 |
| Gesher Acquisition Corp. II Class A<sup>(13)</sup> <br>| 11360 | &nbsp;&nbsp; 115 |
| GigCapital7 Corp. Class A<sup>(13)</sup> <br>| 8917 | &nbsp;&nbsp; 94 |
| Globa Terra Acquisition Corp. Class A<sup>(13)</sup> <br>| 62071 | &nbsp;&nbsp; 620 |
| Gores Holdings X, Inc.<sup>(13)</sup> <br>| 23927 | &nbsp;&nbsp; 247 |
| GSR III Acquisition Corp.<sup>(13)</sup> <br>| 32059 | &nbsp;&nbsp; 332 |
| GSR IV Acquisition Corp.<sup>(13)</sup> <br>| 29893 | &nbsp;&nbsp; 303 |
| Haymaker Acquisition Corp. 4<sup>(13)</sup> <br>| 34929 | &nbsp;&nbsp; 396 |
| HCM III Acquisition Corp.<sup>(13)</sup> <br>| 1153 | &nbsp;&nbsp; 12 |
| Iron Horse Acquisitions Corp.<sup>(13)</sup> <br>| 31641 | &nbsp;&nbsp; 23 |
| Jackson Acquisition Co. II Class A<sup>(13)</sup> <br>| 9982 | &nbsp;&nbsp; 104 |
| Jena Acquisition Corp. II<sup>(13)</sup> <br>| 18687 | &nbsp;&nbsp; 195 |
| Jena Acquisition Corp. II Class A<sup>(13)</sup> <br>| 22656 | &nbsp;&nbsp; 230 |
| K&F Growth Acquisition Corp. II<sup>(13)</sup> <br>| 12053 | &nbsp;&nbsp; 2 |
| K&F Growth Acquisition Corp. II Class A<sup>(13)</sup> <br>| 12053 | &nbsp;&nbsp; 123 |
| Kochav Defense Acquisition Corp. Class A<sup>(13)</sup> <br>| 13623 | &nbsp;&nbsp; 137 |
| Lakeshore Acquisition III Corp.<sup>(13)</sup> <br>| 32249 | &nbsp;&nbsp; 325 |
| Lakeshore Acquisition III Corp.<sup>(13)</sup> <br>| 20607 | &nbsp;&nbsp; 4 |
| Lightwave Acquisition Corp.<sup>(13)</sup> <br>| 22683 | &nbsp;&nbsp; 228 |
| Lionheart Holdings Class A<sup>(13)</sup> <br>| 13300 | &nbsp;&nbsp; 140 |
| M3-Brigade Acquisition VI Corp.<sup>(13)</sup> <br>| 2219 | &nbsp;&nbsp; 22 |
| Maywood Acquisition Corp. Class A<sup>(13)</sup> <br>| 3147 | &nbsp;&nbsp; 32 |
| McKinley Acquisition Corp.<sup>(13)</sup> <br>| 4435 | &nbsp;&nbsp; 44 |
| Mountain Lake Acquisition Corp.<sup>(13)</sup> <br>| 19099 | &nbsp;&nbsp; 4 |
| Mountain Lake Acquisition Corp. Class A<sup>(13)</sup> <br>| 60896 | &nbsp;&nbsp; 627 |
| Nabors Energy Transition Corp. II Class A<sup>(13)</sup> <br>| 32613 | &nbsp;&nbsp; 366 |
| New Providence Acquisition Corp. III<sup>(13)</sup> <br>| 57062 | &nbsp;&nbsp; 587 |
| Newbury Street II Acquisition Corp. Class A<sup>(13)</sup> <br>| 41428 | &nbsp;&nbsp; 429 |
| NMP Acquisition Corp. Class A<sup>(13)</sup> <br>| 21941 | &nbsp;&nbsp; 218 |
| Origin Investment Corp. I<sup>(13)</sup> <br>| 11060 | &nbsp;&nbsp; 111 |
| OTG Acquisition Corp. I<sup>(13)</sup> <br>| 5532 | &nbsp;&nbsp; 56 |
| Oxley Bridge Acquisition Ltd.<sup>(13)</sup> <br>| 9296 | &nbsp;&nbsp; 93 |
| Oxley Bridge Acquisition Ltd. Class A<sup>(13)</sup> <br>| 19463 | &nbsp;&nbsp; 194 |
| Oyster Enterprises II Acquisition Corp.<sup>(13)</sup> <br>| 11728 | &nbsp;&nbsp; 117 |
| Oyster Enterprises II Acquisition Corp. Class A<sup>(13)</sup> <br>| 19252 | &nbsp;&nbsp; 193 |
| Perimeter Acquisition Corp. I<sup>(13)</sup> <br>| 7008 | &nbsp;&nbsp; 74 |

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

---

| | | |
|:---|:---|:---|
|  | **Shares/Units** | **Value** |
| Pioneer Acquisition I Corp.<sup>(13)</sup> <br>| 34937 | &nbsp;&nbsp; $351 |
| ProCap Acquisition Corp.<sup>(13)</sup> <br>| 3231 | &nbsp;&nbsp; 34 |
| ProCap Acquisition Corp. Class A<sup>(13)</sup> <br>| 10879 | &nbsp;&nbsp; 112 |
| Quantumsphere Acquisition Corp.<sup>(13)</sup> <br>| 4430 | &nbsp;&nbsp; 45 |
| Quartzsea Acquisition Corp.<sup>(13)</sup> <br>| 33242 | &nbsp;&nbsp; 337 |
| Real Asset Acquisition Corp. Class A<sup>(13)</sup> <br>| 11568 | &nbsp;&nbsp; 117 |
| Republic Digital Acquisition Co.<sup>(13)</sup> <br>| 3518 | &nbsp;&nbsp; 37 |
| Roman DBDR Acquisition Corp. II<sup>(13)</sup> <br>| 14482 | &nbsp;&nbsp; 149 |
| Siddhi Acquisition Corp. Class A<sup>(13)</sup> <br>| 31857 | &nbsp;&nbsp; 323 |
| Silver Pegasus Acquisition Corp.<sup>(13)</sup> <br>| 5824 | &nbsp;&nbsp; 59 |
| Silver Pegasus Acquisition Corp. Class A<sup>(13)</sup> <br>| 11063 | &nbsp;&nbsp; 110 |
| SIM Acquisition Corp. I Class A<sup>(13)</sup> <br>| 22284 | &nbsp;&nbsp; 234 |
| Sizzle Acquisition Corp. II<sup>(13)</sup> <br>| 11873 | &nbsp;&nbsp; 2 |
| Sizzle Acquisition Corp. II Class A<sup>(13)</sup> <br>| 38190 | &nbsp;&nbsp; 387 |
| Solarius Capital Acquisition Corp. Class A<sup>(13)</sup> <br>| 13292 | &nbsp;&nbsp; 132 |
| Soulpower Acquisition Corp.<sup>(13)</sup> <br>| 23281 | &nbsp;&nbsp; 4 |
| Soulpower Acquisition Corp. Class A<sup>(13)</sup> <br>| 25026 | &nbsp;&nbsp; 252 |
| Spring Valley Acquisition Corp. II<sup>(13)</sup> <br>| 3543 | &nbsp;&nbsp; 2 |
| Spring Valley Acquisition Corp. III<sup>(13)</sup> <br>| 8860 | &nbsp;&nbsp; 92 |
| Stellar V Capital Corp. Class A<sup>(13)</sup> <br>| 9672 | &nbsp;&nbsp; 100 |
| Thayer Ventures Acquisition Corp. II<sup>(13)</sup> <br>| 13191 | &nbsp;&nbsp; 135 |
| Thayer Ventures Acquisition Corp. II Class A<sup>(13)</sup> <br>| 11691 | &nbsp;&nbsp; 117 |
| Titan Acquisition Corp. Class A<sup>(13)</sup> <br>| 24971 | &nbsp;&nbsp; 253 |
| Translational Development Acquisition Corp.<sup>(13)</sup> <br>| 8748 | &nbsp;&nbsp; 90 |
| UY Scuti Acquisition Corp.<sup>(13)</sup> <br>| 4727 | &nbsp;&nbsp; 1 |
| UY Scuti Acquisition Corp.<sup>(13)</sup> <br>| 4727 | &nbsp;&nbsp; 48 |
| Vendome Acquisition Corp. I Class A<sup>(13)</sup> <br>| 22892 | &nbsp;&nbsp; 227 |
| Vine Hill Capital Investment Corp. Class A<sup>(13)</sup> <br>| 12424 | &nbsp;&nbsp; 133 |
| Wen Acquisition Corp.<sup>(13)</sup> <br>| 17948 | &nbsp;&nbsp; 187 |
| Wen Acquisition Corp. Class A<sup>(13)</sup> <br>| 2316 | &nbsp;&nbsp; 24 |
| Wintergreen Acquisition Corp.<sup>(13)</sup> <br>| 211 | &nbsp;&nbsp; 2 |
| Wintergreen Acquisition Corp.<sup>(13)</sup> <br>| 11075 | &nbsp;&nbsp; 111 |
| **Total Special Purpose Acquisition Companies** <br>**(Identified Cost $18,678)** | **Total Special Purpose Acquisition Companies** <br>**(Identified Cost $18,678)** | &nbsp;&nbsp; **18911** |

---

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

---

| | | |
|:---|:---|:---|
|  | **Shares** |  |
| **Purchased Options—0.2%** | **Purchased Options—0.2%** | **Purchased Options—0.2%** |
| (See open purchased options schedule) | (See open purchased options schedule) |  |
| **Total Purchased Options** <br>**(Premiums Paid $442)** | **Total Purchased Options** <br>**(Premiums Paid $442)** | &nbsp;&nbsp; **258** |
| **Escrow Notes—1.7%** | **Escrow Notes—1.7%** | **Escrow Notes—1.7%** |
| **Financials—1.7%** | **Financials—1.7%** |  |
| Altaba, Inc. Escrow<sup>(13)</sup> <br>| 1637713 | &nbsp;&nbsp; 2211 |
| Pershing Square Escrow<sup>(11)(13)</sup> <br>| 44373 | &nbsp;&nbsp; — |
|  |  | &nbsp;&nbsp; 2211 |
| **Total Escrow Notes** <br>**(Identified Cost $1,817)** | **Total Escrow Notes** <br>**(Identified Cost $1,817)** | &nbsp;&nbsp; **2211** |
| **Total Long-Term Investments—89.4%** <br>**(Identified Cost $114,019)** | **Total Long-Term Investments—89.4%** <br>**(Identified Cost $114,019)** | &nbsp;&nbsp; **116080** |
| **TOTAL INVESTMENTS, BEFORE SECURITIES SOLD SHORT AND** <br> **WRITTEN OPTIONS**—**89.4%** <br>**(Identified Cost $114,019)** | **TOTAL INVESTMENTS, BEFORE SECURITIES SOLD SHORT AND** <br> **WRITTEN OPTIONS**—**89.4%** <br>**(Identified Cost $114,019)** | &nbsp;&nbsp; **116080** |

---

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

**Securities Sold Short—(12.3)%**<br>

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks—(12.2)%** | **Common Stocks—(12.2)%** | **Common Stocks—(12.2)%** |
| **Communication Services—(0.7)%** | **Communication Services—(0.7)%** |  |
| Charter Communications, Inc. Class A<sup>(13)</sup> <br>| (3094)<br>| &nbsp;&nbsp; $(851)<br>|
| GCI Liberty, Inc. Class A<sup>(13)</sup> <br>| (513)<br>| &nbsp;&nbsp; (19)<br>|
| IAC, Inc.<sup>(13)</sup> <br>| (1505)<br>| &nbsp;&nbsp; (52)<br>|
|  |  | &nbsp;&nbsp; (922)<br>|
| **Consumer Discretionary—(0.1)%** | **Consumer Discretionary—(0.1)%** |  |
| Gildan Activewear, Inc. Class A | (2097)<br>| &nbsp;&nbsp; (121)<br>|
| **Financials—(6.2)%** | **Financials—(6.2)%** |  |
| Huntington Bancshares, Inc. | (503)<br>| &nbsp;&nbsp; (9)<br>|
| Rocket Cos., Inc. Class A | (413153)<br>| &nbsp;&nbsp; (8007)<br>|
|  |  | &nbsp;&nbsp; (8016)<br>|
| **Industrials—(0.1)%** | **Industrials—(0.1)%** |  |
| Union Pacific Corp. | (437)<br>| &nbsp;&nbsp; (103)<br>|
| **Information Technology—(5.1)%** | **Information Technology—(5.1)%** |  |
| Palo Alto Networks, Inc.<sup>(13)</sup> <br>| (32675)<br>| &nbsp;&nbsp; (6653)<br>|
| **Total Common Stocks** <br>**(Identified Proceeds $(13078))** | **Total Common Stocks** <br>**(Identified Proceeds $(13078))** | &nbsp;&nbsp; **(15815)**<br>|
| **Master Limited Partnerships and Related Companies—(0.1)%** | **Master Limited Partnerships and Related Companies—(0.1)%** | **Master Limited Partnerships and Related Companies—(0.1)%** |
| **Energy—(0.1)%** | **Energy—(0.1)%** |  |
| Western Midstream Partners LP | (3766)<br>| &nbsp;&nbsp; (148)<br>|
| **Total Master Limited Partnerships and Related** <br> **Companies** <br>**(Identified Proceeds $(144))** | **Total Master Limited Partnerships and Related** <br> **Companies** <br>**(Identified Proceeds $(144))** | &nbsp;&nbsp; **(148)**<br>|
| **Total Securities Sold Short** <br>**(Identified Proceeds $(13222))** | **Total Securities Sold Short** <br>**(Identified Proceeds $(13222))** | &nbsp;&nbsp; **(15963)**<br>|
| **Written Options—(2.0)%** | **Written Options—(2.0)%** | **Written Options—(2.0)%** |
| (See open written options schedule) |  |  |
| **Total Written Options** <br>**(Premiums Received $1,718)** | **Total Written Options** <br>**(Premiums Received $1,718)** | &nbsp;&nbsp; **(2606)**<br>|
| **TOTAL INVESTMENTS, NET OF SECURITIES SOLD SHORT AND** <br> **WRITTEN OPTIONS—75.1%** <br>**(Identified Cost $99,079)** | **TOTAL INVESTMENTS, NET OF SECURITIES SOLD SHORT AND** <br> **WRITTEN OPTIONS—75.1%** <br>**(Identified Cost $99,079)** | &nbsp;&nbsp; **$97511** |
| Other assets and liabilities, net—24.9% | Other assets and liabilities, net—24.9% | &nbsp;&nbsp; 32340 |
| **NET ASSETS—100.0%** | **NET ASSETS—100.0%** | &nbsp;&nbsp; **$129851** |

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

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

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| ADR | American Depositary Receipt |
| AMT | Alternative Minimum Tax |
| ETF | Exchange-Traded Fund |
| LLC | Limited Liability Company |
| LP | Limited Partnership |
| OBFR | Overnight Bank Funding Rate |
| PIK | Payment-in-Kind Security |
| plc | Public Limited Company |
| REIT | Real Estate Investment Trust |
| S&P | Standard & Poor's |
| SOFR | Secured Overnight Financing Rate |
| SPAC | Special Purpose Acquisition Company |
| SPDR | S&P Depositary Receipt |

---

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

---

| | |
|:---|:---|
| **Footnote Legend:** | **Footnote Legend:** |
| <sup>(1)</sup> <br>| Par Value disclosed in foreign currency is reported in thousands. |
| <sup>(2)</sup> <br>| Regulation S security. Security is offered and sold outside of the United States; <br> therefore, it is exempt from registration with the SEC under Rules 903 and 904 of <br> the Securities Act of 1933.<br>|
| <sup>(3)</sup> <br>| Security exempt from registration under Rule 144A of the Securities Act of 1933. <br> These securities may be resold in transactions exempt from registration, <br> normally to qualified institutional buyers. At September 30, 2025, these securities <br> amounted to a value of $21,219 or 16.3% of net assets.<br>|
| <sup>(4)</sup> <br>| No contractual maturity date. |
| <sup>(5)</sup> <br>| Payment-in-kind security which may pay interest/dividends in additional <br> par/shares and/or in cash. Rates shown are the current rate and possible <br> payment rates.<br>|
| <sup>(6)</sup> <br>| Amount is less than $500 (not in thousands). |
| <sup>(7)</sup> <br>| All or a portion of the shares have been committed as collateral for open <br> securities sold short and written option contracts. The value of securities <br> segregated as collateral is $29,564.<br>|
| <sup>(8)</sup> <br>| Variable rate security. Rate disclosed is as of September 30, 2025. Information in <br> parenthesis represents benchmark and reference rate for each security. Certain <br> variable rate securities are not based on a published reference rate and spread but <br> are determined by the issuer or agent and are based on current market <br> conditions, or, for mortgage-backed securities, are impacted by the individual <br> mortgages which are paying off over time. These securities do not indicate a <br> reference rate and spread in their descriptions.<br>|
| <sup>(9)</sup> <br>| This loan will settle after September 30, 2025, at which time the interest rate, <br> calculated on the base lending rate and the agreed upon spread on trade date, will <br> be reflected.<br>|

---

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

<sup>(10)</sup> Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. 

<sup>(11)</sup> The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Fair Value Hierarchy table located after the Schedule of Investments. 

<sup>(12)</sup> Delisted security. As of September 30, 2025, the common stock is classified as a Level 3 investment due to the absence of observable market inputs and had a cost of $10,640 and its market value represents 9.1% of total net assets. The security was delisted on March 24, 2025 and is currently subject to appraisal rights proceedings in connection with an acquisition. Due to the uncertainty of fair valuation in the absence of an active market and the pending legal proceedings, the fair value of the security may differ materially from the presented estimated fair value. 

<sup>(13)</sup> Non-income producing.

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

---

| | |
|:---|:---|
| **Counterparties:** |  |
| BAML | Bank of America-Merrill Lynch |
| GS | Goldman Sachs & Co.  |
| JPM | JPMorgan Chase Bank N.A. |

---

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

---

| | |
|:---|:---|
| **Foreign Currencies:** | **Foreign Currencies:** |
| CAD | Canadian Dollar |
| EUR | Euro |
| GBP | United Kingdom Pound Sterling |
| JPY | Japanese Yen |
| USD | United States Dollar |

---

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

---

| | |
|:---|:---|
| **Country Weightings**<sup>†</sup>  | **Country Weightings**<sup>†</sup>  |
| United States | 64<br> %<br>|
| Cayman Islands | 18 |
| Canada | 5 |
| Austria | 5 |
| Israel | 3 |
| United Kingdom | 2 |
| Jersey | 1 |
| Other | 2 |
| Total | 100<br> %<br>|
| <sup>†</sup>% of total investments, net of securities sold short and written options, as of <br> September 30, 2025. | <sup>†</sup>% of total investments, net of securities sold short and written options, as of <br> September 30, 2025. |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open purchased options contracts as of September 30, 2025 were as follows:** | **Open purchased options contracts as of September 30, 2025 were as follows:** | **Open purchased options contracts as of September 30, 2025 were as follows:** | **Open purchased options contracts as of September 30, 2025 were as follows:** | **Open purchased options contracts as of September 30, 2025 were as follows:** | **Open purchased options contracts as of September 30, 2025 were as follows:** |
| **Description of Options** | &nbsp;&nbsp;&nbsp; **Number** <br> **of** <br>**Contracts**<br>| &nbsp;&nbsp; **Contract** <br>**Notional** <br>**Amount**<br>| &nbsp;&nbsp; **Strike** <br>**Price**<sup>(1)</sup> <br>| &nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Value** |
| **Put Options**<sup>(2)</sup> |  |  |  |  |  |
| Aptiv plc | 160 | &nbsp;&nbsp;&nbsp;&nbsp; $1120 | &nbsp;&nbsp;&nbsp;&nbsp; $70.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; $1 |
| Boeing Co. (The) | 22 | &nbsp;&nbsp;&nbsp;&nbsp; 330 | &nbsp;&nbsp;&nbsp;&nbsp;150.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(3)</sup><br>|
| Comcast Corp. | 575 | &nbsp;&nbsp;&nbsp;&nbsp; 1725 | &nbsp;&nbsp;&nbsp;&nbsp;30.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 16 |
| CSX Corp. | 934 | &nbsp;&nbsp;&nbsp;&nbsp; 2802 | &nbsp;&nbsp;&nbsp;&nbsp;30.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; 12 |
| DuPont de Nemours, Inc. | 127 | &nbsp;&nbsp;&nbsp;&nbsp; 826 | &nbsp;&nbsp;&nbsp;&nbsp;65.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(3)</sup><br>|
| DuPont de Nemours, Inc. | 127 | &nbsp;&nbsp;&nbsp;&nbsp; 889 | &nbsp;&nbsp;&nbsp;&nbsp;70.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; 21 |
| Honeywell International, Inc. | 231 | &nbsp;&nbsp;&nbsp;&nbsp; 4620 | &nbsp;&nbsp;&nbsp;&nbsp;200.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; 106 |
| IAC, Inc. | 360 | &nbsp;&nbsp;&nbsp;&nbsp; 1080 | &nbsp;&nbsp;&nbsp;&nbsp;30.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 1 |
| IAC, Inc. | 548 | &nbsp;&nbsp;&nbsp;&nbsp; 1644 | &nbsp;&nbsp;&nbsp;&nbsp;30.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; 48 |
| Keurig Dr Pepper, Inc. | 962 | &nbsp;&nbsp;&nbsp;&nbsp; 2309 | &nbsp;&nbsp;&nbsp;&nbsp;24.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 12 |
| Kraft Heinz Co. (The) | 962 | &nbsp;&nbsp;&nbsp;&nbsp; 1924 | &nbsp;&nbsp;&nbsp;&nbsp;20.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; 5 |

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open purchased options contracts as of September 30, 2025 were as follows (continued):** | **Open purchased options contracts as of September 30, 2025 were as follows (continued):** | **Open purchased options contracts as of September 30, 2025 were as follows (continued):** | **Open purchased options contracts as of September 30, 2025 were as follows (continued):** | **Open purchased options contracts as of September 30, 2025 were as follows (continued):** | **Open purchased options contracts as of September 30, 2025 were as follows (continued):** |
| **Description of Options** | &nbsp;&nbsp;&nbsp; **Number** <br> **of**<br> **Contracts**<br>| &nbsp;&nbsp; **Contract**<br> **Notional**<br> **Amount**<br>| &nbsp;&nbsp; **Strike**<br> **Price**<sup>(1)</sup><br>| &nbsp;&nbsp; **Expiration**<br> **Date**<br>| **Value** |
| **Put Options**<sup>(2)</sup> **(continued)** |  |  |  |  |  |
| SPDR S&P 500<sup>®</sup> ETF Trust | 101 | &nbsp;&nbsp;&nbsp;&nbsp; $6313 | &nbsp;&nbsp;&nbsp;&nbsp; $625.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; $9 |
| Teck Resources Ltd. | 1041 | &nbsp;&nbsp;&nbsp;&nbsp; 3644 | &nbsp;&nbsp;&nbsp;&nbsp;35.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; 3 |
| Warner Bros Discovery, Inc. | 358 | &nbsp;&nbsp;&nbsp;&nbsp; 501 | &nbsp;&nbsp;&nbsp;&nbsp;14.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; 10 |
| Warner Bros Discovery, Inc. | 961 | &nbsp;&nbsp;&nbsp;&nbsp; 961 | &nbsp;&nbsp;&nbsp;&nbsp;10.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; 9 |
| Warner Bros Discovery, Inc. | 361 | &nbsp;&nbsp;&nbsp;&nbsp; 433 | &nbsp;&nbsp;&nbsp;&nbsp;12.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; 5 |
| **Total Purchased Options** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $258 |
| **Footnote Legend:** | **Footnote Legend:** |  |  |  |  |
| <sup>(1)</sup> Strike price not reported in thousands. |  |  |  |  |  |
| <sup>(2)</sup> Unless otherwise noted, options are exchange-traded. |  |  |  |  |  |
| <sup>(3)</sup> Amount is less than $500 (not in thousands). |  |  |  |  |  |

---

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open written options contracts as of September 30, 2025 were as follows:** | **Open written options contracts as of September 30, 2025 were as follows:** | **Open written options contracts as of September 30, 2025 were as follows:** | **Open written options contracts as of September 30, 2025 were as follows:** | **Open written options contracts as of September 30, 2025 were as follows:** | **Open written options contracts as of September 30, 2025 were as follows:** |
| **Description of Options** | &nbsp;&nbsp;&nbsp; **Number** <br> **of** <br>**Contracts**<br>| &nbsp;&nbsp; **Contract** <br>**Notional** <br>**Amount**<br>| &nbsp;&nbsp; **Strike** <br>**Price**<sup>(1)</sup> <br>| &nbsp;&nbsp; **Expiration** <br>**Date**<br>| **Value** |
| **Call Options**<sup>(2)</sup> |  |  |  |  |  |
| Air Lease Corp. | (46) | &nbsp;&nbsp;&nbsp;&nbsp; $(299)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $65.00 | &nbsp;&nbsp;&nbsp;&nbsp; 02/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; $(2) <br>|
| Aptiv plc | (160) | &nbsp;&nbsp;&nbsp;&nbsp; (1200)<br>| &nbsp;&nbsp;&nbsp;&nbsp;75.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (185) <br>|
| Boeing Co. (The) | (16) | &nbsp;&nbsp;&nbsp;&nbsp; (328)<br>| &nbsp;&nbsp;&nbsp;&nbsp;205.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (21) <br>|
| Comcast Corp. | (575) | &nbsp;&nbsp;&nbsp;&nbsp; (2013)<br>| &nbsp;&nbsp;&nbsp;&nbsp;35.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (2) <br>|
| CSX Corp. | (934) | &nbsp;&nbsp;&nbsp;&nbsp; (3269)<br>| &nbsp;&nbsp;&nbsp;&nbsp;35.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; (163) <br>|
| DuPont de Nemours, Inc. | (127) | &nbsp;&nbsp;&nbsp;&nbsp; (1048)<br>| &nbsp;&nbsp;&nbsp;&nbsp;82.50 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; (29) <br>|
| Electronic Arts, Inc. | (13) | &nbsp;&nbsp;&nbsp;&nbsp; (273)<br>| &nbsp;&nbsp;&nbsp;&nbsp;210.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| Electronic Arts, Inc. | (13) | &nbsp;&nbsp;&nbsp;&nbsp; (273)<br>| &nbsp;&nbsp;&nbsp;&nbsp;210.00 | &nbsp;&nbsp;&nbsp;&nbsp; 03/20/26 | &nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| Honeywell International, Inc. | (231) | &nbsp;&nbsp;&nbsp;&nbsp; (5082)<br>| &nbsp;&nbsp;&nbsp;&nbsp;220.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; (124) <br>|
| IAC, Inc. | (360) | &nbsp;&nbsp;&nbsp;&nbsp; (1260)<br>| &nbsp;&nbsp;&nbsp;&nbsp;35.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (23) <br>|
| IAC, Inc. | (548) | &nbsp;&nbsp;&nbsp;&nbsp; (1918)<br>| &nbsp;&nbsp;&nbsp;&nbsp;35.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; (115) <br>|
| Keurig Dr Pepper, Inc. | (962) | &nbsp;&nbsp;&nbsp;&nbsp; (2597)<br>| &nbsp;&nbsp;&nbsp;&nbsp;27.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (19) <br>|
| Kraft Heinz Co. (The) | (962) | &nbsp;&nbsp;&nbsp;&nbsp; (2405)<br>| &nbsp;&nbsp;&nbsp;&nbsp;25.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; (181) <br>|
| SPDR S&P 500<sup>®</sup> ETF Trust | (38) | &nbsp;&nbsp;&nbsp;&nbsp; (2489)<br>| &nbsp;&nbsp;&nbsp;&nbsp;655.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (58) <br>|
| Teck Resources Ltd. | (471) | &nbsp;&nbsp;&nbsp;&nbsp; (1837)<br>| &nbsp;&nbsp;&nbsp;&nbsp;39.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (221) <br>|
| Teck Resources Ltd. | (570) | &nbsp;&nbsp;&nbsp;&nbsp; (2166)<br>| &nbsp;&nbsp;&nbsp;&nbsp;38.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (346) <br>|
| TEGNA, Inc. | (80) | &nbsp;&nbsp;&nbsp;&nbsp; (176)<br>| &nbsp;&nbsp;&nbsp;&nbsp;22.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| Warner Bros Discovery, Inc. | (961) | &nbsp;&nbsp;&nbsp;&nbsp; (1153)<br>| &nbsp;&nbsp;&nbsp;&nbsp;12.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; (683) <br>|
| Warner Bros Discovery, Inc. | (361) | &nbsp;&nbsp;&nbsp;&nbsp; (542)<br>| &nbsp;&nbsp;&nbsp;&nbsp;15.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; (184) <br>|
| Warner Bros Discovery, Inc. | (716) | &nbsp;&nbsp;&nbsp;&nbsp; (1217)<br>| &nbsp;&nbsp;&nbsp;&nbsp;17.00 | &nbsp;&nbsp;&nbsp;&nbsp; 12/19/25 | &nbsp;&nbsp;&nbsp;&nbsp; (243) <br>|
| Western Midstream Partners LP | (3) | &nbsp;&nbsp;&nbsp;&nbsp; (12)<br>| &nbsp;&nbsp;&nbsp;&nbsp;40.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (— ) <sup>(3)</sup><br>|
| Western Midstream Partners LP | (13) | &nbsp;&nbsp;&nbsp;&nbsp; (52)<br>| &nbsp;&nbsp;&nbsp;&nbsp;40.00 | &nbsp;&nbsp;&nbsp;&nbsp; 11/21/25 | &nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (2603)<br>|
| **Put Option**<sup>(2)</sup> |  |  |  |  |  |
| SPDR S&P 500<sup>®</sup> ETF Trust | (63) | &nbsp;&nbsp;&nbsp;&nbsp; (3780)<br>| &nbsp;&nbsp;&nbsp;&nbsp;600.00 | &nbsp;&nbsp;&nbsp;&nbsp; 10/17/25 | &nbsp;&nbsp;&nbsp;&nbsp; (3) <br>|
| **Total Written Options** |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $(2606)<br>|

---

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

---

| |
|:---|
| **Footnote Legend:** |
| <sup>(1)</sup> Strike price not reported in thousands. |
| <sup>(2)</sup> Unless otherwise noted, options are exchange-traded. |
| <sup>(3)</sup> Amount is less than $500 (not in thousands). |

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows:** |
| **Currency** <br>**Purchased**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Currency** <br>**Amount** <br>**Purchased**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Currency** <br>**Sold**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Currency** <br>**Amount** <br>**Sold**<br>| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Settlement** <br>**Date**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Unrealized** <br>**Appreciation**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Unrealized** <br>**Depreciation**<br>|
| JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119368 | USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 809 | GS | 10/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(1) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 816 | JPY | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119368 | GS | 10/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<br>|

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** | **Forward foreign currency exchange contracts as of September 30, 2025 were as follows (continued):** |
| **Currency**<br> **Purchased**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Currency**<br> **Amount**<br> **Purchased**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Currency**<br> **Sold**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Currency**<br> **Amount**<br> **Sold**<br>| **Counterparty** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Settlement**<br> **Date**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Unrealized**<br> **Appreciation**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Unrealized**<br> **Depreciation**<br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1554 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1341 | GS | 10/20/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(23) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3021 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2615 | GS | 11/05/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (55) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 688 | CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 950 | JPM | 11/14/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 715 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 610 | GS | 12/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 229 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 195 | JPM | 12/15/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1051 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 898 | GS | 12/16/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4175 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3610 | JPM | 12/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (83) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1218 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 913 | GS | 12/17/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 858 | CAD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1176 | JPM | 12/18/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 270 | EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 230 | JPM | 12/18/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) <br>|
| USD | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2875 | GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2123 | GS | 12/18/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<br>|
| **Total** |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(186) <br>|

---

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows:** |
| **Referenced Entity** | **Pay/Receive** | **Financing Rate**<sup>(1)</sup> <br>| **Payment** <br>**Frequency**<br>| **Counterparty** | **Expiration** <br>**Date**<br>| **Notional** <br>**Amount** | **Value**<sup>(2)</sup> <br>| **Unrealized** <br>**Appreciation**<br>| **Unrealized** <br>**Depreciation**<br>|
| **Long Total Return Swap** <br> **Contracts**<br>|  |  |  |  |  |  |  |  |  |
| ABIOMED, Inc.<sup>(3)</sup> <br>| Pay | 4.840% (0.750% + OBFR) | 1 Month | BAML | &nbsp;&nbsp; 04/03/26 | &nbsp;&nbsp; $— <br><sup>(4)</sup><br>| &nbsp;&nbsp; $7<br>| &nbsp;&nbsp; $7<br>| &nbsp;&nbsp; $—<br>|
| Bristol-Myers Squibb <br> Co.<sup>(3),(5)</sup> <br>| Pay | 5.320% (0.750% + OBFR) | 1 Month | BAML | &nbsp;&nbsp; 03/03/26 | &nbsp;&nbsp; — <br><sup>(4)</sup><br>| &nbsp;&nbsp; 22<br>| &nbsp;&nbsp; 22<br>| &nbsp;&nbsp; —<br>|
| Cantaloupe, Inc. | Pay | 4.470% (0.380% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/16/26 | &nbsp;&nbsp; 681 | &nbsp;&nbsp; (18) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (18) <br>|
| Chart Industries, Inc. | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/09/26 | &nbsp;&nbsp; 3946 | &nbsp;&nbsp; 25<br>| &nbsp;&nbsp; 25<br>| &nbsp;&nbsp; —<br>|
| Chart Industries, Inc. | Pay | 4.470% (0.380% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/19/26 | &nbsp;&nbsp; 1488 | &nbsp;&nbsp; 3<br>| &nbsp;&nbsp; 3<br>| &nbsp;&nbsp; —<br>|
| Covestro AG | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 12/31/25 | &nbsp;&nbsp; 2365 | &nbsp;&nbsp; 103<br>| &nbsp;&nbsp; 103<br>| &nbsp;&nbsp; —<br>|
| Cyberark Software Ltd. | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/08/26 | &nbsp;&nbsp; 3876 | &nbsp;&nbsp; 671<br>| &nbsp;&nbsp; 671<br>| &nbsp;&nbsp; —<br>|
| Dupont De Nemours, Inc. | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 12/23/25 | &nbsp;&nbsp; 333 | &nbsp;&nbsp; (22) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (22) <br>|
| Frontier Communications <br> Parent, Inc.<br>| Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 07/07/26 | &nbsp;&nbsp; 3749 | &nbsp;&nbsp; 64<br>| &nbsp;&nbsp; 64<br>| &nbsp;&nbsp; —<br>|
| Frontier Communications <br> Parent, Inc.<br>| Pay | 4.470% (0.380% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 02/17/26 | &nbsp;&nbsp; 2050 | &nbsp;&nbsp; 103<br>| &nbsp;&nbsp; 103<br>| &nbsp;&nbsp; —<br>|
| Honeywell International, <br> Inc.<br>| Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 03/24/26 | &nbsp;&nbsp; 2692 | &nbsp;&nbsp; (21) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (21) <br>|
| Honeywell International, <br> Inc.<br>| Pay | 4.470% (0.380% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/19/26 | &nbsp;&nbsp; 2194 | &nbsp;&nbsp; (9) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (9) <br>|
| IAC, Inc. | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 04/13/26 | &nbsp;&nbsp; 2533 | &nbsp;&nbsp; (87) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (87) <br>|
| Just Eat Takeaway.com N.V. | Pay | 4.940% (0.850% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 05/06/26 | &nbsp;&nbsp; 2860 | &nbsp;&nbsp; 190<br>| &nbsp;&nbsp; 190<br>| &nbsp;&nbsp; —<br>|
| Just Group plc | Pay | 4.940% (0.850% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/03/26 | &nbsp;&nbsp; 1168 | &nbsp;&nbsp; 13<br>| &nbsp;&nbsp; 13<br>| &nbsp;&nbsp; —<br>|
| Kellanova | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 11/04/25 | &nbsp;&nbsp; 7494 | &nbsp;&nbsp; 115<br>| &nbsp;&nbsp; 115<br>| &nbsp;&nbsp; —<br>|
| Mr. Cooper Group, Inc. | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 08/10/26 | &nbsp;&nbsp; 6695 | &nbsp;&nbsp; 1485<br>| &nbsp;&nbsp; 1485<br>| &nbsp;&nbsp; —<br>|
| Norfolk Southern Corp. | Pay | 4.470% (0.380% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/30/26 | &nbsp;&nbsp; 2030 | &nbsp;&nbsp; 5<br>| &nbsp;&nbsp; 5<br>| &nbsp;&nbsp; —<br>|
| Saba Capital Income & <br> Opportunities Fund<br>| Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 05/27/26 | &nbsp;&nbsp; 107 | &nbsp;&nbsp; 5<br>| &nbsp;&nbsp; 5<br>| &nbsp;&nbsp; —<br>|
| Saba Capital Income & <br> Opportunities Fund<br>| Pay | 4.470% (0.380% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 09/22/26 | &nbsp;&nbsp; 63 | &nbsp;&nbsp; (4) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (4) <br>|
| Spectris | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 08/05/26 | &nbsp;&nbsp; 2801 | &nbsp;&nbsp; 4<br>| &nbsp;&nbsp; 4<br>| &nbsp;&nbsp; —<br>|
| Teck Resources Ltd. | Pay | 4.470% (0.380% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/16/26 | &nbsp;&nbsp; 1397 | &nbsp;&nbsp; 62<br>| &nbsp;&nbsp; 62<br>| &nbsp;&nbsp; —<br>|
| TEGNA, Inc. | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 10/14/26 | &nbsp;&nbsp; 1050 | &nbsp;&nbsp; (35) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (35) <br>|
| The Kraft Heinz Co. | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 10/14/26 | &nbsp;&nbsp; 1896 | &nbsp;&nbsp; (37) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (37) <br>|
| Vivendi SE | Pay | 4.700% (0.610% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 07/22/26 | &nbsp;&nbsp; 1364 | &nbsp;&nbsp; — <br><sup>(4)</sup><br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; — <br><sup>(4)</sup><br>|
| Vivendi SE | Pay | 4.640% (0.550% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 01/30/26 | &nbsp;&nbsp; 171 | &nbsp;&nbsp; 58<br>| &nbsp;&nbsp; 58<br>| &nbsp;&nbsp; —<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp; 2702 | &nbsp;&nbsp; 2935 | &nbsp;&nbsp; (233)<br>|
| **Short Total Return Swap** <br> **Contracts**<br>|  |  |  |  |  |  |  |  |  |
| Anglo American plc | Receive | 3.740% ((0.350)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 10/28/26 | &nbsp;&nbsp; (150)<br>| &nbsp;&nbsp; (8) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (8) <br>|
| Anglo American plc | Receive | 3.740% ((0.350)% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/30/26 | &nbsp;&nbsp; (423)<br>| &nbsp;&nbsp; (21) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (21) <br>|
| Boeing Co. | Receive | 3.740% ((0.350)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/01/26 | &nbsp;&nbsp; (701)<br>| &nbsp;&nbsp; 32<br>| &nbsp;&nbsp; 32<br>| &nbsp;&nbsp; —<br>|

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** | **Over-the-counter total return swaps outstanding as of September 30, 2025 were as follows (continued):** |
| **Referenced Entity** | **Pay/Receive** | **Financing Rate**<sup>(1)</sup> | **Payment**<br> **Frequency**<br>| **Counterparty** | **Expiration**<br> **Date**<br>| **Notional**<br> **Amount** | **Value**<sup>(2)</sup> | **Unrealized**<br> **Appreciation**<br>| **Unrealized**<br> **Depreciation**<br>|
| Charter Communications, <br> Inc. Class A<br>| Receive | 3.840% ((0.250)% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/15/26 | &nbsp;&nbsp; $(1626)<br>| &nbsp;&nbsp; $(69) <br>| &nbsp;&nbsp; $—<br>| &nbsp;&nbsp; $(69) <br>|
| Gildan Activewear, Inc. <br> Class A<br>| Receive | 3.740% ((0.350)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/21/26 | &nbsp;&nbsp; (571)<br>| &nbsp;&nbsp; (18) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (18) <br>|
| Huntington Bancshares, <br> Inc.<br>| Receive | 3.740% ((0.350)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/01/26 | &nbsp;&nbsp; (425)<br>| &nbsp;&nbsp; (17) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (17) <br>|
| Huntington Bancshares, <br> Inc.<br>| Receive | 3.840% ((0.250)% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/15/26 | &nbsp;&nbsp; (194)<br>| &nbsp;&nbsp; 4<br>| &nbsp;&nbsp; 4<br>| &nbsp;&nbsp; —<br>|
| Omnicom Group | Receive | 3.740% ((0.350)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 02/03/26 | &nbsp;&nbsp; (3381)<br>| &nbsp;&nbsp; (132) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (132) <br>|
| Palo Alto Networks, Inc. | Receive | 3.840% ((0.250)% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 09/21/26 | &nbsp;&nbsp; (117)<br>| &nbsp;&nbsp; (14) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (14) <br>|
| Pan American Silver Corp. | Receive | 3.740% ((0.350)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 12/02/25 | &nbsp;&nbsp; (1153)<br>| &nbsp;&nbsp; (636) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (636) <br>|
| Rocket Cos., Inc. Class A | Receive | 2.940% ((1.150)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 08/10/26 | &nbsp;&nbsp; (188)<br>| &nbsp;&nbsp; (82) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (82) <br>|
| Rocket Cos., Inc. Class A | Receive | (5.785)% ((9.875)% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 08/31/26 | &nbsp;&nbsp; (230)<br>| &nbsp;&nbsp; (57) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (57) <br>|
| Union Pacific Corp. | Receive | 3.840% ((0.250)% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/26/26 | &nbsp;&nbsp; (1407)<br>| &nbsp;&nbsp; (89) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (89) <br>|
| Universal Music Group N.V. | Receive | 3.820% ((0.270)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/03/26 | &nbsp;&nbsp; (755)<br>| &nbsp;&nbsp; (26) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (26) <br>|
| Western Midstream <br> Partners LP<br>| Receive | 3.876% ((0.214)% + OBFR) | 1 Month | GS | &nbsp;&nbsp; 09/22/26 | &nbsp;&nbsp; (130)<br>| &nbsp;&nbsp; (4) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (4) <br>|
| Western Midstream <br> Partners LP<br>| Receive | 0.250% ((3.840)% + OBFR) | 3 Month | JPM | &nbsp;&nbsp; 10/13/26 | &nbsp;&nbsp; (42)<br>| &nbsp;&nbsp; (1) <br>| &nbsp;&nbsp; —<br>| &nbsp;&nbsp; (1) <br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp; (1138)<br>| &nbsp;&nbsp; 36 | &nbsp;&nbsp; (1174) <br>|
| **Total**  |  |  |  |  |  |  | &nbsp;&nbsp; $1564 | &nbsp;&nbsp; $2971 | &nbsp;&nbsp; $(1407) <br>|

---

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

---

| | |
|:---|:---|
| **Footnote Legend:** | **Footnote Legend:** |
| <sup>(1)</sup> <br>| The Fund pays the floating rate (+/- a spread) and receives the total return of the reference entity. |
| <sup>(2)</sup> <br>| There were no upfront premiums paid or received for the open swap contracts held. |
| <sup>(3)</sup> <br>| The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Fair Value Hierarchy table located after the Schedule <br> of Investments.<br>|
| <sup>(4)</sup> <br>| Amount is less than $500 (not in thousands). |
| <sup>(5)</sup> <br>| Security held is the direct result of a corporate action. There is no associated financing rate and the security is held with a zero cost basis. |

---

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

The following table summarizes the value of the Fund's investments as of September 30, 2025, based on the inputs used to value them (See Security Valuation Note 1 in the Notes to Schedule of Investments):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Total <br>Value at <br>September 30, 2025<br>| Level 1 <br>Quoted Prices<br>| Level 2 <br>Significant <br>Observable <br>Inputs<br>| Level 3 <br>Significant <br>Unobservable <br>Inputs<br>|
| Assets: |  |  |  |  |
| Debt Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Convertible Bonds and Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $5105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $5105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp; Corporate Bonds and Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Leveraged Loans | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9255 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Equity Securities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Closed-End Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 51685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 39857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11788 <br><sup>(1)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rights | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 173 |
| &nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>|
| &nbsp;&nbsp;&nbsp; Special Purpose Acquisition Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Escrow Notes | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(1)</sup><br>|
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Purchased Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Exchange Contracts<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Over-the-Counter Total Return Swaps<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 29 |
| Total Assets | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 119092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 11990 |
| Liabilities: |  |  |  |  |
| Securities Sold Short: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15815)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (15815)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Master Limited Partnerships and Related Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (148)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (148)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Other Financial Instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Written Options | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2606)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2419)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (187)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Forward Foreign Currency Exchange Contracts<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (186)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (186)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Over-the-Counter Total Return Swaps<sup>\*</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1407)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1407)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Liabilities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (20162)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (18382)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1780)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| Total Investments, Net of Securities Sold Short and <br> Written Options<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $98930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $46718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $40222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $11990 |

---

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

<sup>(1)</sup> Includes internally fair valued securities currently priced at zero ($0).

<sup>\*</sup> Swap contracts and forward currency exchange contracts are valued at the net unrealized appreciation (depreciation) on the instrument by level and counterparty.

Security held by the Fund with an end of period value of $11,788 was transferred from Level 1 to Level 3 due to market delisting at period end.

Securities held by the Fund with an end of period value of zero ($0) were transferred from Level 2 to Level 3 due to a decrease in trading activities at period end.

Some of the Fund's investments that were categorized as Level 3 may have been valued utilizing third party pricing information without adjustment. If applicable, such valuations are based on unobservable inputs. A significant change in third party information could result in a significantly lower or higher value of Level 3 investments.

The following is a reconciliation of assets of the Fund for Level 3 investments for which significant unobservable inputs were used to determine fair value.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | Total | Common <br>Stocks<br>| Rights | Warrants | Escrow <br>Notes<br>| Over-the-Counter <br>Total Return Swaps<br>|
| **Investments in Securities** |  |  |  |  |  |  |
| **Balance as of December 31, 2024:** | &nbsp;&nbsp;&nbsp;&nbsp; $227 | &nbsp;&nbsp;&nbsp;&nbsp; $— <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $194 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $33 |
| Net change in unrealized appreciation (depreciation)<sup>(b)</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; (25)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (21)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (4)<br>|
| Transfers into Level 3<sup>(c)</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 11788 | &nbsp;&nbsp;&nbsp;&nbsp; 11788 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |
| **Balance as of September 30, 2025** | &nbsp;&nbsp;&nbsp;&nbsp; $11990 | &nbsp;&nbsp;&nbsp;&nbsp; $11788 <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $173 | &nbsp;&nbsp;&nbsp;&nbsp; $— <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $— <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp; $29 |

---

<sup>(a)</sup> Includes internally fair valued security currently priced at zero ($0).

<sup>(b)</sup> The net change in unrealized appreciation (depreciation) on investments still held at September 30, 2025, was $(423).

<sup>(c)</sup> Transfers into and/or from represent the ending value as of September 30, 2025, for any investment security where a change in the pricing level occurred from the beginning to the end of the period.

See Notes to Schedule of Investments

------

**VIRTUS Westchester Event-Driven Fund**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**September 30, 2025**

($ reported in thousands)

The following table presents additional information about valuation techniques and inputs used for investments that are measured at fair value and categorized within Level 3 at September 30, 2025:

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

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Investments in** <br>**Securities – Assets**<br>| **Ending** <br>**Balance** <br>**at September 30, 2025**<br>| **Valuation Technique** <br>**Used**<br>| **Unobservable** <br>**Inputs**<br>| **Input** <br>**Values**<br>| **Impact to Valuation** <br>**from an Increase in** <br>**Unobservable Inputs**<sup>(a)</sup> <br>|
| **Common Stock:** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Endeavor Group <br>Holdings, Inc. <br>Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp; $11788 | Market Approach | &nbsp;&nbsp;&nbsp;&nbsp; Spread (parent and <br>subsidiary ownership)<br>| 8.1015 (6.8131 - 8.9796) | &nbsp;&nbsp;&nbsp;&nbsp; Decrease |

---

<sup>(a)</sup> A significant change in unobservable inputs could result in a significantly higher or lower fair value.

See Notes to Schedule of Investments

------

**VIRTUS WESTCHESTER EVENT-DRIVEN FUND**

**NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)**

**September 30, 2025**

**Note 1. Security Valuation**

The Fund's Board of Trustees has designated the investment adviser as the valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Investment Company Act of 1940. The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The Fund's policy is to recognize transfers into or out of Level 3 at the end of the reporting period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – quoted prices in active markets for identical securities (security types generally include listed equities).

&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;• Level 2 – prices determined using other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

&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;• Level 3 – prices determined using significant unobservable inputs (including the investment adviser's Valuation Committee's own assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Fund's major categories of assets and liabilities measured at fair value on a recurring basis is as follows:

Equity securities are valued at the official closing price (typically last sale) on the exchange on which the securities are primarily traded or, if no closing price is available, at the last bid price and are categorized as Level 1 in the hierarchy. Illiquid, restricted equity securities and illiquid private placements are internally fair valued by the investment adviser's Valuation Committee, and are generally categorized as Level 3 in the hierarchy.

Certain non-U.S. securities may be fair valued in cases where closing prices are not readily available or are deemed not reflective of readily available market prices. For example, significant events (such as movement in the U.S. securities market, or other regional and local developments) may occur between the time that non-U.S. markets close (where the security is principally traded) and the time that the Fund calculates its net asset value ("NAV") at the close of regular trading on the New York Stock Exchange ("NYSE") (generally 4 p.m. Eastern time) that may impact the value of securities traded in these non-U.S. markets. In such cases, the Fund fair values non-U.S. securities using an independent pricing service which considers the correlation of the trading patterns of the non-U.S. security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, Exchange-Traded Funds ("ETFs"), and certain indexes, as well as prices for similar securities. Such fair valuations are categorized as Level 2 in the hierarchy. Because the frequency of significant events is not predictable, fair valuation of certain non-U.S. common stocks may occur on a frequent basis.

Debt instruments, including convertible bonds, restricted securities, and leveraged loans are valued based on either evaluated or composite quotations received from independent pricing services or from dealers who make markets in such securities. For most bond types, the pricing service utilizes matrix pricing that considers one or more of the following factors: yield or price of bonds of comparable quality, coupon, maturity, current cash flows, type, activity of the underlying equities, and current day trade information, as well as dealer supplied prices. These valuations are generally categorized as Level 2 in the hierarchy. Structured debt instruments, such as mortgage-backed and asset-backed securities may also incorporate collateral analysis and utilize cash flow models for valuation and are generally categorized as Level 2 in the hierarchy. Pricing services do not provide pricing for all securities and therefore indicative bids from dealers are utilized which are based on pricing models used by market makers in the security and are generally categorized as Level 2 in the hierarchy. Debt instruments that are internally fair valued by the investment adviser's Valuation Committee are generally categorized as Level 3 in the hierarchy.

Listed derivatives, such as options and futures, that are actively traded are valued at the last posted settlement price from the exchange where they are principally traded and are categorized as Level 1 in the hierarchy. Over-the-counter derivative contracts, which include forward currency contracts, swaps, swaptions, options and equity linked instruments, are valued based on model prices provided by independent pricing services or from dealer quotes. Depending on the derivative type and the specific terms of the transaction, these models vary and include observable inputs in actively quoted markets including but not limited to: underlying reference entity details, indices, spreads, interest rates, yield curves, dividend and exchange rates. These instruments are generally categorized as Level 2 in the hierarchy. Centrally cleared swaps listed or traded on a bilateral or trade facility platform, such as a registered exchange, are valued at the last posted settlement price determined by the respective exchange. These securities are generally categorized as Level 2 within the hierarchy.

Investments in open-end mutual funds are valued at NAV. Investments in closed-end funds and ETFs are valued as of the close of regular trading on the NYSE each business day. Each is categorized as Level 1 in the hierarchy.

A summary of the inputs used to value the Fund's net assets by each major security type is disclosed at the end of the Schedule of Investments for the Fund. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those

securities.

*For additional information about significant accounting policies, refer to the Fund's most recent semi or annual financial statements.*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Event Opportunities Trust

- **b. Investment Company Act file number:** 811-22818

- **c. CIK number of Registrant:** 0001572617

- **d. LEI of Registrant:** 549300CPNDRO644GZH21

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

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301

  - **Telephone number:** 800-243-1574

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

- **a. Name of Series:** Virtus Westchester Event-Driven Fund

- **b. EDGAR series identifier (if any):** S000040968

- **c. LEI of Series:** 5493008NZHHNV9ZXUR38

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $153344630.97

**Total Liabilities:** $23497633.41

**Net Assets:** $129846997.56

**Cash Not Reported:** $32850626.15

**Currency Risk Metrics (dv01):**

- 

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

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

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

- **3-Month:** -0.18437949 | **1-Year:** -165.33466560 | **5-Year:** -4984.80914700 | **10-Year:** 0.00000000 | **30-Year:** -147.90787580

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000127095 | 1.35%                | 0.36%                | 0.53%                |
| Class ID C000127094 | 1.37%                | 0.27%                | 0.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-39597.99               | $-1621015.29                               |
| Month 2  | $1527279.90              | $-1589323.40                               |
| Month 3  | $-271150.22              | $976705.46                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Oxley Bridge Acquisition Ltd                      | Oxley Bridge Acquisition Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      9296 | NS      | $93424.80     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Silver Pegasus Acquisition Cor                    | Silver Pegasus Acquisition Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5824 | NS      | $59346.56     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $11982.52     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Republic Digital Acquisition C                    | Republic Digital Acquisition Co                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3518 | NS      | $36868.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | ELECTRONIC ARTS INC                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -13 | NC      | $-910.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Vendome Acquisition Corp I                        | Vendome Acquisition Corp I                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22892 | NS      | $227317.56    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                                | Teck Resources Ltd                                            | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |     82890 | NS      | $3638042.10   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MAUSER PACKAGING SOLUT                            | Mauser Packaging Solutions Holding Co                         | CUSIP: 57763RAC1<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   5703000 | PA      | $5716048.46   | 4.40%             | 2027-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ALTENERGY ACQUISITION CORP-A                      | AltEnergy Acquisition Corp                                    | CUSIP: 02157M116<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5160 | NC      | $164.09       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-311.50      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS KELLANOVA                                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $13894.45     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Aptiv PLC                                         | Aptiv PLC                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     16000 | NS      | $1379520.00   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SABA CAPITAL INCOME & OPPORTUNITIES FUND                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $4769.62      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                         | WESTERN MIDSTREAM PARTNERS LP                                 | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -13 | NC      | $-650.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ProCap Acquisition Corp                           | ProCap Acquisition Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10879 | NS      | $111727.33    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Flag Ship Acquisition Corp                        | Flag Ship Acquisition Corp                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2336 | NS      | $24668.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Emmis Acquisition Corp                            | Emmis Acquisition Corp                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7731 | NS      | $77155.38     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UY Scuti Acquisition Corp                         | UY Scuti Acquisition Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4727 | NS      | $48309.94     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-61405.72    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $3829.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EGH Acquisition Corp                              | EGH Acquisition Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3495 | NS      | $34984.95     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1454.25     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | USD/EUR FORWARD                                               | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-82765.48    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | IAC INC                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -360 | NC      | $-23400.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $40.24        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1797.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-7038.13     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Mountain Lake Acquisition Corp                    | Mountain Lake Acquisition Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60896 | NS      | $627228.80    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | COMCAST CORP                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       575 | NC      | $15525.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-231.85      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Western Midstream Partners LP                     | Western Midstream Partners LP                                 | CUSIP: 958669103<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3766 | NS      | $-147966.14   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Sizzle Acquisition Corp II                        | Sizzle Acquisition Corp II                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11873 | NS      | $2018.41      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOAL ACQUISITIONS CORP                            | Goal Acquisitions Corp                                        | CUSIP: 38021H115<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |    272843 | NC      | $2728.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FIGX Capital Acquisition Corp                     | FIGX Capital Acquisition Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5448 | NS      | $54425.52     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLURION TECHNOLOGIES INC                         | Allurion Technologies Inc                                     | CUSIP: 02008G110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     13340 | NC      | $360.18       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ROMAN DBDR ACQUISITION CORP                       | Roman DBDR Acquisition Corp II                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      7615 | NC      | $3920.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | KEURIG DR PEPPER INC                                          | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       962 | NC      | $11544.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Water Acquisition Corp II                    | Blue Water Acquisition Corp III                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23244 | NS      | $234531.96    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | BOEING CO/THE                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -16 | NC      | $-20800.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-11561.43    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Union Pacific Corp                                | Union Pacific Corp                                            | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Short            | EC               | CORP              | US        |      -437 | NS      | $-103293.69   | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Archimedes Tech SPAC Partners                     | Archimedes Tech SPAC Partners II Co                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25507 | NS      | $260426.47    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CARTESIAN GROWTH CORP II- A                       | CARTESIAN GROWTH CORP II                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5799 | NC      | $695.88       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $13997.56     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GSR III Acquisition Corp                          | GSR III Acquisition Corp                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32059 | NS      | $332131.24    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-15355.53    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $4746.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Jackson Acquisition Co II                         | Jackson Acquisition Co II                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9982 | NS      | $103613.16    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EGH Acquisition Corp                              | EGH Acquisition Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11632 | NS      | $116552.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar V Capital Corp                            | Stellar V Capital Corp                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9672 | NS      | $99621.60     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Acquisition Corp                             | Blue Acquisition Corp                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9311 | NS      | $94413.54     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | USD/CAD FORWARD                                               | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $9673.18      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $18937.73     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Broadband Corp                            | Liberty Broadband Corp                                        | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     39292 | NS      | $2488362.36   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS ROCKET COS INC                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-41339.09    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Pan American Silver Corp                          | Pan American Silver Corp                                      | CUSIP: 697900132<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    978488 | NS      | $342372.95    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc                                   | Hanesbrands Inc                                               | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | EC               | CORP              | US        |    120428 | NS      | $793620.52    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CARTESIAN GROWTH CORP III                         | CARTESIAN GROWTH CORP III                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4645 | NS      | $47239.65     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $8858.41      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PERSHING TONTINE SPAR                             | PERSHING TONTINE SPAR                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11093 | NS      | $4991.85      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-346.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | USD/GBP FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $19310.17     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-7579.37     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | WARNER BROS DISCOVERY INC                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -716 | NC      | $-243440.00   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Oxley Bridge Acquisition Ltd                      | Oxley Bridge Acquisition Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     19463 | NS      | $193462.22    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $4539.04      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-36183.96    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1528.84      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $106525.62    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                      | ams-OSRAM AG                                                  | CUSIP: 000000000<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |    210000 | PA      | $262683.16    | 0.20%             | 2029-03-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Cal Redwood Acquisition Corp                      | Cal Redwood Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7000 | NS      | $71610.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | USD/EUR FORWARD                                               | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-1440.90     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Wen Acquisition Corp                              | Wen Acquisition Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2316 | NS      | $23461.08     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VEEA INC                                          | Veea Inc                                                      | CUSIP: 693489114<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     17325 | NC      | $1212.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ESH Acquisition Corp                              | ESH Acquisition Corp                                          | CUSIP: 296424112<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34175 | NS      | $5980.63      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $3891.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1636.75     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MOVELLA HOLDINGS INC                              | Movella Holdings Inc                                          | CUSIP: 62459N113<br>LEI: 549300MY5MYSR79R7L50 | N/A              | DE               | CORP              | US        |     11102 | NC      | $1.11         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| A Paradise Acquisition Corp                       | A Paradise Acquisition Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     39114 | NS      | $387228.60    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Quartzsea Acquisition Corp                        | Quartzsea Acquisition Corp                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33242 | NS      | $337406.30    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $525.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LA FINAC ATALIAN SAS                              | La Financiere Atalian SAS                                     | CUSIP: 000000000<br>LEI: 969500ICOLJMB33J0L87 | Long             | DBT              | CORP              | FR        |         1 | PA      | $0.43         | 0.00%             | 2028-06-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | IAC INC                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -359 | NC      | $-75390.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| DYE & DURHAM LIMITED                              | Dye & Durham Ltd                                              | CUSIP: 267488AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   1176000 | PA      | $838246.75    | 0.65%             | 2026-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Oyster Enterprises II Acquisit                    | Oyster Enterprises II Acquisition Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11728 | NS      | $117280.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                          | CSX Corp                                                      | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     93484 | NS      | $3319616.84   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIR 2016-2 B PTT                           | United Airlines 2016-2 Class B Pass Through Trust             | CUSIP: 90933JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    113372 | PA      | $113336.13    | 0.09%             | 2025-10-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | CSX CORP                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -934 | NC      | $-162516.00   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Acquisition Corp I                      | Perimeter Acquisition Corp I                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7008 | NS      | $73584.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sizzle Acquisition Corp II                        | Sizzle Acquisition Corp II                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38190 | NS      | $386482.80    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS MR COOPER GROUP INC                                       | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $86434.78     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| EQV Ventures Acquisition Corp                     | EQV Ventures Acquisition Corp II                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75000 | NS      | $750750.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Guild Holdings Co                                 | Guild Holdings Co                                             | CUSIP: 40172N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33830 | NS      | $674570.20    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Dune Acquisition Corp II                          | Dune Acquisition Corp II                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17132 | NS      | $175089.04    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| K&F Growth Acquisition Corp II                    | K&F Growth Acquisition Corp II                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12053 | NS      | $1568.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit AeroSystems Holdings In                    | Spirit AeroSystems Holdings Inc                               | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25936 | NS      | $1001129.60   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-0.84        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1417.58      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $3610.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LEDDARTECH HOLDINGS INC                           | LeddarTech Holdings Inc                                       | CUSIP: 52328E113<br>LEI: N/A                  | N/A              | DE               | CORP              | CA        |     58973 | NC      | $29.49        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS PAN AMERICAN SILVER CORP                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-220491.93   | -0.17%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $30427.94     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| FIGX Capital Acquisition Corp                     | FIGX Capital Acquisition Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3958 | NS      | $39857.06     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | TEGNA INC                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -80 | NC      | $-800.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS NORFOLK SOUTHERN CORP                                     | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $5100.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS CYBERARK SOFTWARE LTD                                     | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $177829.64    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| New Providence Acquisition Cor                    | New Providence Acquisition Corp III                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57062 | NS      | $586597.36    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| GCI Liberty Inc                                   | GCI Liberty Inc                                               | CUSIP: 36164V602<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       513 | NS      | $19265.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1903.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| K&F Growth Acquisition Corp II                    | K&F Growth Acquisition Corp II                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12053 | NS      | $123181.66    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Spring Valley Acquisition Corp                    | Spring Valley Acquisition Corp II                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3543 | NS      | $1778.23      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Saba Capital Income & Opportunities Fund          | Saba Capital Income & Opportunities Fund                      | CUSIP: 78518H202<br>LEI: 549300MGSUUJ7E55N746 | Long             | EC               | RF                | US        |     14715 | NS      | $114335.55    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Water Acquisition Corp II                    | Blue Water Acquisition Corp III                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21041 | NS      | $209568.36    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Municipal Income Quality Trust          | BlackRock Municipal Income Quality Trust                      | CUSIP: 092479104<br>LEI: ZQ1Z8W71OQGQTC6ZJ410 | Long             | EC               | RF                | US        |     52916 | NS      | $579430.20    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIDGER AEROSPACE GROUP HOLD                      | Bridger Aerospace Group Holdings Inc                          | CUSIP: 96812F110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     27000 | NC      | $2162.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | IAC INC                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       360 | NC      | $1440.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniHoldings Quality Fund II Inc        | BlackRock MuniHoldings Quality Fund II Inc                    | CUSIP: 09254C107<br>LEI: V04K6JK5YHD4O5SHSC34 | Long             | EC               | RF                | US        |     22077 | NS      | $222094.62    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Acquisition Corp II                        | Armada Acquisition Corp II                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18205 | NS      | $189332.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWBURY STREET ACQUISITION C                      | Newbury Street Acquisition Corp                               | CUSIP: 65101L112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     28549 | NC      | $2.85         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Soulpower Acquisition Corp                        | Soulpower Acquisition Corp                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23281 | NS      | $4423.39      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-9789.21     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS TECK RESOURCES LTD                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $62316.76     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS ROCKET COS INC                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-14899.20    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $5126.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $8551.63      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Wintergreen Acquisition Corp                      | Wintergreen Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |       211 | NS      | $2145.87      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $681.22       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-166.65      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                              | Keurig Dr Pepper Inc                                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     96214 | NS      | $2454419.14   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS HUNTINGTON BANCSHARES INC/OH                              | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $4107.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IAC Inc                                           | IAC Inc                                                       | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |     20405 | NS      | $695198.35    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-15130.45    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS BOEING CO/THE                                             | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $32430.29     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | KRAFT HEINZ CO/THE                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       715 | NC      | $3932.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund      | Nuveen AMT-Free Municipal Credit Income Fund                  | CUSIP: 67071L106<br>LEI: 549300LBMO1C0IG71T03 | Long             | EC               | RF                | US        |     67123 | NS      | $824941.67    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Future Vision II Acquisition C                    | Future Vision II Acquisition Corp                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     17683 | NS      | $184964.18    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS ROCKET COS INC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-82156.31    | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| Roman DBDR Acquisition Corp II                    | Roman DBDR Acquisition Corp II                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14482 | NS      | $149309.42    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $438.60       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KEEN VISION ACQUISITION CORP                      | Keen Vision Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     67562 | NC      | $4452.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS CHART INDUSTRIES INC                                      | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $25162.00     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $23917.47     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Titan Acquisition Corp                            | Titan Acquisition Corp                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24971 | NS      | $252706.52    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-39379.32    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| VOLATO GROUP INC                                  | Volato Group Inc                                              | CUSIP: 74349W112<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     13646 | NC      | $136.46       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Altaba Inc Escrow                                 | Altaba Inc Escrow                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1637713 | NS      | $2210912.55   | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | IAC INC                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -189 | NC      | $-39690.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| FutureCrest Acquisition Corp                      | FutureCrest Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       442 | NS      | $4685.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS ROCKET COS INC                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1327.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1966.30      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GigCapital7 Corp                                  | GigCapital7 Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8917 | NS      | $93985.18     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BAIN CAPITAL GSS INVESTMENT CORP                  | BAIN CAPITAL GSS INVESTMENT CORP                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1105 | NS      | $11149.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1841.58     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-116.97      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMS-OSRAM AG                                      | ams-OSRAM AG                                                  | CUSIP: 000000000<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |   3800000 | PA      | $4266204.19   | 3.29%             | 2027-11-03      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS UNIVERSAL MUSIC GROUP NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-3755.47     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cantaloupe Inc                                    | Cantaloupe Inc                                                | CUSIP: 138103106<br>LEI: 529900O54DBQQVWO9Q85 | Long             | EC               | CORP              | US        |     14269 | NS      | $150823.33    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $8766.05      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| 26 CAPITAL ACQUISITION COR-A                      | 26 Capital Acquisition Corp                                   | CUSIP: 90138P118<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     25800 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DuPont de Nemours Inc                             | DuPont de Nemours Inc                                         | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |      8700 | NS      | $677730.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BTC DEVELOPMENT CORP                              | BTC DEVELOPMENT CORP                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2209 | NS      | $22310.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Axiom Intelligence Acquisition                    | Axiom Intelligence Acquisition Corp 1                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |      8143 | NS      | $82081.44     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | KRAFT HEINZ CO/THE                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -715 | NC      | $-134420.00   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Cal Redwood Acquisition Corp                      | Cal Redwood Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23285 | NS      | $232850.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLUMINATE BUYER/HLDG                             | Illuminate Buyer LLC / Illuminate Holdings IV Inc             | CUSIP: 45232TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4722000 | PA      | $4736921.52   | 3.65%             | 2028-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                      | Comcast Corp                                                  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     57500 | NS      | $1806650.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                               | Electronic Arts Inc                                           | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      4413 | NS      | $890102.10    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CORNER GROWTH ACQUISITION-A                       | Corner Growth Acquisition Corp                                | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     20673 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Solarius Capital Acquisition C                    | Solarius Capital Acquisition Corp                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13292 | NS      | $132388.32    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA, NATIONAL ASSOCIATION             | TRS BRISTOL-MYERS SQUIBB CO                                   | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               | CORP              | US        |         1 | NC      | $21904.74     | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| Parkland Corp                                     | Parkland Corp                                                 | CUSIP: 70137W108<br>LEI: 549300UY5C6HUV0XLS53 | Long             | EC               | CORP              | CA        |     23749 | NS      | $656992.53    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC                                       | Federal Home Loan Mortgage Corp                               | CUSIP: 313400624<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | EP               | USGSE             | US        |     16100 | NS      | $251804.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications Inc                        | Charter Communications Inc                                    | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Short            | EC               | CORP              | US        |     -3094 | NS      | $-851174.87   | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| GESHER ACQUISITION CORP II-A                      | Gesher Acquisition Corp II                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5680 | NC      | $1817.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS MR COOPER GROUP INC                                       | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1399410.09   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Lionheart Holdings                                | Lionheart Holdings                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13300 | NS      | $139783.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | WARNER BROS DISCOVERY INC                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       961 | NC      | $8649.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EVE MOBILITY ACQUISITION C-A                      | EVe Mobility Acquisition Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     12551 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| OTG Acquisition Corp I                            | OTG Acquisition Corp I                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5532 | NS      | $55707.24     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $2254.24      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Silver Pegasus Acquisition Cor                    | Silver Pegasus Acquisition Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11063 | NS      | $110298.11    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ACROPOLIS INFRASTRUCTURE CVR                      | ACROPOLIS INFRASTRUCTURE CVR                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39798 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| D Boral ARC Acquisition I Corp                    | D Boral ARC Acquisition I Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54589 | NS      | $541522.88    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS KELLANOVA                                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $402.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $6239.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | JPY/USD FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $7773.08      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CERO THERAPEUTICS HOLDINGS I                      | CERo Therapeutics Holdings Inc                                | CUSIP: 71902K113<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5078 | NC      | $67.54        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Drugs Made In America Acquisit                    | Drugs Made In America Acquisition II Corp                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8835 | NS      | $87864.08     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Thayer Ventures Acquisition Co                    | Thayer Ventures Acquisition Corp II                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11691 | NS      | $117260.73    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TITAN ACQUISITION CORP-CL A                       | Titan Acquisition Corp                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     12485 | NC      | $3760.48      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| XBP EUROPE HOLDINGS INC                           | XBP Europe Holdings Inc                                       | CUSIP: 98400V119<br>LEI: 984500BE0P94C4CD8C71 | N/A              | DE               | CORP              | US        |     14261 | NC      | $570.44       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Aris Water Solutions Inc                          | Aris Water Solutions Inc                                      | CUSIP: 04041L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16254 | NS      | $400823.64    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| A Paradise Acquisition Corp                       | A Paradise Acquisition Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |      4625 | NS      | $46157.50     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                           | IAC Inc                                                       | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Short            | EC               | CORP              | US        |     -1505 | NS      | $-51275.35    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS GILDAN ACTIVEWEAR INC                                     | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-17499.03    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | WARNER BROS DISCOVERY INC                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -361 | NC      | $-184110.00   | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies, Inc.                          | LUMEN TECHNOLOGIES INC                                        | CUSIP: 55024EAG0<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |   2765000 | PA      | $2744649.60   | 2.11%             | 2030-04-15      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| GCI Liberty Inc                                   | GCI Liberty Inc                                               | CUSIP: 36164V602<br>LEI: N/A                  | Short            | EC               | CORP              | US        |      -513 | NS      | $-19265.72    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Floating-Rate Income Trust            | Eaton Vance Floating-Rate Income Trust                        | CUSIP: 278279104<br>LEI: HQOIMOIFYDO5NKVU2640 | Long             | EC               | RF                | US        |     13115 | NS      | $154363.55    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS PALO ALTO NETWORKS INC                                    | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-14164.74    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS WESTERN MIDSTREAM PARTNERS LP                             | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1273.22     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SIM Acquisition Corp I                            | SIM Acquisition Corp I                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22284 | NS      | $233982.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| STELLAR V CAPITAL CORP-CL A                       | Stellar V Capital Corp                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      4836 | NC      | $1722.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | TRS SABA CAPITAL INCOME & OPPORTUNITIES FUND                  | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               | CORP              | US        |         1 | NC      | $-3689.32     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Vine Hill Capital Investment C                    | Vine Hill Capital Investment Corp                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12424 | NS      | $133061.04    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SLAM CORP-A                                       | Slam Corp                                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     43478 | NC      | $217.39       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-7108.16     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $2391.59      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS KELLANOVA                                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $81588.34     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | HONEYWELL INTERNATIONAL INC                                   | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -231 | NC      | $-124047.00   | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| Axiom Intelligence Acquisition                    | Axiom Intelligence Acquisition Corp 1                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |     22157 | NS      | $220462.15    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | TECK RESOURCES LTD                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       161 | NC      | $483.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $2240.05      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1044.23      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | WARNER BROS DISCOVERY INC                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       361 | NC      | $5054.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS VIVENDI SE                                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-9765.05     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS FRONTIER COMMUNICATIONS PARENT INC                        | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1344.46     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE                                        | Federal National Mortgage Association                         | CUSIP: 313586737<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EP               | USGSE             | US        |      6425 | NS      | $100872.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HCM III Acquisition Corp                          | HCM III Acquisition Corp                                      | CUSIP: 000000000<br>LEI: 529900X6CMNA2LN6C461 | Long             | EC               | CORP              | US        |      1153 | NS      | $11887.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $4908.60      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Jena Acquisition Corp II                          | Jena Acquisition Corp II                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22656 | NS      | $229958.40    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS PAN AMERICAN SILVER CORP                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-415025.03   | -0.32%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS WESTERN MIDSTREAM PARTNERS LP                             | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-3611.16     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Soulpower Acquisition Corp                        | Soulpower Acquisition Corp                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25026 | NS      | $252262.08    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $13.21        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TEVOGEN BIO HOLDINGS INC                          | Tevogen Bio Holdings Inc                                      | CUSIP: 88165K119<br>LEI: 549300AC21G4NBK9D322 | N/A              | DE               | CORP              | US        |      6900 | NC      | $379.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Galata Acquisition Corp II                        | Galata Acquisition Corp II                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7747 | NS      | $77315.06     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cantor Equity Partners I Inc                      | Cantor Equity Partners I Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5565 | NS      | $58209.90     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fund Inc              | BlackRock MuniYield Quality Fund Inc                          | CUSIP: 09254F100<br>LEI: TFKEE3VA3GBE5LOK5U77 | Long             | EC               | RF                | US        |     70855 | NS      | $825460.75    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1170.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FRONTIER COMMUNICATIONS                           | Frontier Communications Holdings LLC                          | CUSIP: 35908MAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1093000 | PA      | $1105856.96   | 0.85%             | 2030-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS VIVENDI SE                                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-11768.54    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Gores Holdings X Inc                              | Gores Holdings X Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23927 | NS      | $246926.64    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | USD/GBP FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-9867.31     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | EUR/USD FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-3841.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS KELLANOVA                                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $18826.89     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $76.85        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TARGET GLOBAL ACQUISITION -A                      | Target Global Acquisition I Corp                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | IL        |     10328 | NC      | $207.59       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS UNIVERSAL MUSIC GROUP NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-20288.73    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | CSX CORP                                                      | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       934 | NC      | $11675.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Palo Alto Networks Inc                            | Palo Alto Networks Inc                                        | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Short            | EC               | CORP              | US        |    -32675 | NS      | $-6653283.50  | -5.12%            |  |  |  | No            |                  1 | On Loan: No      |
| McKinley Acquisition Corp                         | McKinley Acquisition Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4435 | NS      | $44305.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1964.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS VIVENDI SE                                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $40837.46     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | IAC INC                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       189 | NC      | $16443.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Copley Acquisition Corp                           | Copley Acquisition Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     10880 | NS      | $109996.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS IAC INC                                                   | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-87408.81    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | EUR/USD FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-22468.12    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | IAC INC                                                       | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       359 | NC      | $31233.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Universal Trust                          | Franklin Universal Trust                                      | CUSIP: 355145103<br>LEI: 5493009UE75VG0DU8V76 | Long             | EC               | RF                | US        |     43979 | NS      | $353591.16    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Maywood Acquisition Corp                          | Maywood Acquisition Corp                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3147 | NS      | $32162.34     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1352.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $4167.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | BOEING CO/THE                                                 | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |        22 | NC      | $44.00        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GSR IV Acquisition Corp                           | GSR IV Acquisition Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29893 | NS      | $302965.56    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | ELECTRONIC ARTS INC                                           | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -13 | NC      | $-520.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | TRS VIVENDI SE                                                | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DE               | CORP              | US        |         1 | NC      | $57688.15     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $2414.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ProAssurance Corp                                 | ProAssurance Corp                                             | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |    103578 | NS      | $2484836.22   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS ANGLO AMERICAN PLC                                        | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-8315.70     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | USD/EUR FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-55448.28    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock MuniHoldings Fund Inc                   | BlackRock MuniHoldings Fund Inc                               | CUSIP: 09253N104<br>LEI: MZBVMGS24JR92TGE6Z32 | Long             | EC               | RF                | US        |     22077 | NS      | $259404.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $153.44       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $164.16       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MOBIUS MERGER SUB                                 | Mobius Merger Sub Inc                                         | CUSIP: 606950AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    555000 | PA      | $465118.08    | 0.36%             | 2030-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Columbus Circle Capital Corp I                    | Columbus Circle Capital Corp I                                | CUSIP: 000000000<br>LEI: 5299006WPUCKP6KOIM37 | Long             | EC               | CORP              | US        |      6694 | NS      | $67743.28     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $4597.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-114.23      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | USD/EUR FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-8274.42     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ECHOSTAR CORP                                     | EchoStar Corp                                                 | CUSIP: 278768AC0<br>LEI: 549300EE20907QZ9GT38 | Long             | DBT              | CORP              | US        |    975000 | PA      | $1072665.75   | 0.83%             | 2029-11-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ECARX HOLDINGS INC-CL A                           | ECARX Holdings Inc                                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | CN        |     27750 | NC      | $1445.78      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Globa Terra Acquisition Corp                      | Globa Terra Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     62071 | NS      | $619468.58    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PERSHING SQUARE ESCROW                            | PERSHING SQUARE ESCROW                                        | CUSIP: 715ESC018<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44373 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Iron Horse Acquisitions Corp                      | Iron Horse Acquisitions Corp                                  | CUSIP: 462837121<br>LEI: 5493000JDZP9ZR3A1A41 | Long             | EC               | CORP              | US        |     31641 | NS      | $23097.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | TECK RESOURCES LTD                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -471 | NC      | $-221370.00   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Quantumsphere Acquisition Corp                    | Quantumsphere Acquisition Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4430 | NS      | $44875.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                           | BRISTOL-MYERS SQUIBB CO                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169085 | NS      | $147949.38    | 0.11%             |  |  |  | No            |                  3 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | COMCAST CORP                                                  | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -575 | NC      | $-1725.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Financial Investment Co                    | MidCap Financial Investment Corp                              | CUSIP: 03761U502<br>LEI: 5493005P14I7WFB3FW47 | Long             | EC               | CORP              | US        |      7702 | NS      | $92346.98     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FANNIE MAE                                        | Federal National Mortgage Association                         | CUSIP: 313586752<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | EP               | USGSE             | US        |     13799 | NS      | $229063.40    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $373.35       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ILEARNINGENGINES INC                              | iLearningEngines Holdings Inc                                 | CUSIP: 45175Q114<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     60113 | NC      | $0.06         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | DUPONT DE NEMOURS INC                                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -127 | NC      | $-28575.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Haymaker Acquisition Corp 4                       | Haymaker Acquisition Corp 4                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34929 | NS      | $396094.86    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ALCHEMY INVESTMENTS ACQUISIT                      | Alchemy Investments Acquisition Corp 1                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     17935 | NC      | $2331.55      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ChampionsGate Acquisition Corp                    | ChampionsGate Acquisition Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2797 | NS      | $28333.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Syniverse Holdings Inc.                           | Syniverse Holdings LLC/DE                                     | CUSIP: 87168TAB7<br>LEI: 549300CYZBHMZC8VLL59 | Long             | LON              | CORP              | US        |   2716000 | PA      | $2633243.48   | 2.03%             | 2027-05-13      | Floating      | 11.00%                | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $2855.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $6304.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALDEL FINANCIAL II INC                            | Aldel Financial II Inc                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      9701 | NC      | $4948.48      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Newbury Street II Acquisition                     | Newbury Street II Acquisition Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41428 | NS      | $428986.94    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CSLM Digital Asset Acquisition                    | CSLM Digital Asset Acquisition Corp III Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17727 | NS      | $179042.70    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| UY Scuti Acquisition Corp                         | UY Scuti Acquisition Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4727 | NS      | $945.40       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mountain Lake Acquisition Corp                    | Mountain Lake Acquisition Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19099 | NS      | $3819.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS DUPONT DE NEMOURS INC                                     | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-22071.60    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS FRONTIER COMMUNICATIONS PARENT INC                        | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $64930.45     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | KRAFT HEINZ CO/THE                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -247 | NC      | $-46436.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Lakeshore Acquisition III Corp                    | Lakeshore Acquisition III Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20607 | NS      | $4121.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-11050.51    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $58.66        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Lakeshore Acquisition III Corp                    | Lakeshore Acquisition III Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32249 | NS      | $325231.17    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Eureka Acquisition Corp                           | Eureka Acquisition Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2338 | NS      | $24993.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-6847.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GIBO HOLDINGS LTD-CL A                            | GIBO Holdings Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | KY        |      6595 | NC      | $263.80       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-12051.93    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos Inc/T                    | Interpublic Group of Cos Inc/The                              | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |    124455 | NS      | $3473539.05   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | SPDR S&P 500 ETF TRUST                                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -38 | NC      | $-58444.00    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| FG Merger II Corp                                 | FG Merger II Corp                                             | CUSIP: 30334J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65183 | NS      | $651178.17    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Verona Pharma PLC                                 | Verona Pharma PLC                                             | CUSIP: 925050106<br>LEI: 213800EVI6O6J3TIAL06 | Long             | EC               | CORP              | GB        |     22071 | NS      | $2355196.41   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                              | Chart Industries Inc                                          | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |        98 | NS      | $19614.70     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ZEO ENERGY CORP                                   | Zeo Energy Corp                                               | CUSIP: 98944F117<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      5942 | NC      | $326.22       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Spring Valley Acquisition Corp                    | Spring Valley Acquisition Corp III                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8860 | NS      | $92144.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cantor Equity Partners III Inc                    | Cantor Equity Partners III Inc                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2328 | NS      | $24024.96     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | USD/CAD FORWARD                                               | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $4205.91      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Wintergreen Acquisition Corp                      | Wintergreen Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11075 | NS      | $111414.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Thayer Ventures Acquisition Co                    | Thayer Ventures Acquisition Corp II                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13191 | NS      | $134548.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Era Acquisition Corp I                      | Fifth Era Acquisition Corp I                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      3828 | NS      | $38892.48     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS TEGNA INC                                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-34723.33    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | TECK RESOURCES LTD                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -161 | NC      | $-97727.00    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| Cantor Equity Partners IV Inc                     | Cantor Equity Partners IV Inc                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8871 | NS      | $90395.49     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-7702.64     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Commscope Inc                                     | COMMSCOPE LLC                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    280000 | PA      | $283150.00    | 0.22%             | 2029-12-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cohen Circle Acquisition Corp                     | Cohen Circle Acquisition Corp II                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9839 | NS      | $101243.31    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS CHARTER COMMUNICATIONS INC                                | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-69438.02    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $3933.67      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-9537.02     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GETAROUND INC                                     | Getaround Inc                                                 | CUSIP: 37427G119<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     11166 | NC      | $3.35         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CARTESIAN GROWTH CORP III                         | CARTESIAN GROWTH CORP III                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31439 | NS      | $315804.76    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Translational Development Acqu                    | Translational Development Acquisition Corp                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8748 | NS      | $90454.32     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SPARK I ACQUISITION CORP                          | Spark I Acquisition Corp                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     28847 | NC      | $15909.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock MuniYield Quality Fund III Inc          | BlackRock MuniYield Quality Fund III Inc                      | CUSIP: 09254E103<br>LEI: UB5J2GS6Q51M6A2L8886 | Long             | EC               | RF                | US        |     34978 | NS      | $387556.24    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Gesher Acquisition Corp II                        | Gesher Acquisition Corp II                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11360 | NS      | $115304.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CITY OFFICE REIT                                  | City Office REIT Inc                                          | CUSIP: 178587200<br>LEI: 5493003J7157VP25NL57 | Long             | EP               | CORP              | CA        |     55125 | NS      | $1389155.51   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                                         | TEGNA Inc                                                     | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |      7734 | NS      | $157232.22    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-286.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS HONEYWELL INTERNATIONAL INC                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-21450.67    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $3945.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                         | AIR LEASE CORP                                                | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       -46 | NC      | $-2185.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | KRAFT HEINZ CO/THE                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       247 | NC      | $1358.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | APTIV PLC                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -160 | NC      | $-184800.00   | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS VIVENDI SE                                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-4779.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-646.97      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS CYBERARK SOFTWARE LTD                                     | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $493169.84    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | SPDR S&P 500 ETF TRUST                                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       -63 | NC      | $-3024.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ZAPP ELECTRIC VEHICLES GROUP                      | Zapp Electric Vehicles Group Ltd                              | CUSIP: 000000000<br>LEI: 984500D6DT79D76DED28 | N/A              | DE               | CORP              | KY        |     13420 | NC      | $73.81        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS ANGLO AMERICAN PLC                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-5119.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Siddhi Acquisition Corp                           | Siddhi Acquisition Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31857 | NS      | $323348.55    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                               | Mr Cooper Group Inc                                           | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |      1699 | NS      | $358132.21    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | APTIV PLC                                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       160 | NC      | $960.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COPLEY ACQUISITION CORP-A                         | Copley Acquisition Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |      2932 | NS      | $589.04       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-7235.24     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS KRAFT HEINZ CO/THE                                        | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-36548.01    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $3812.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEST SPAC I Acquisition Corp                      | BEST SPAC I Acquisition Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |      2328 | NS      | $23652.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $9781.82      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | WARNER BROS DISCOVERY INC                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -961 | NC      | $-683271.00   | -0.53%            |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | WARNER BROS DISCOVERY INC                                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       358 | NC      | $10382.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS CHART INDUSTRIES INC                                      | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $3002.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GROVE COLLABORATIVE HOLDINGS                      | Grove Collaborative Holdings                                  | CUSIP: 39957D110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     20136 | NC      | $209.41       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gildan Activewear Inc                             | Gildan Activewear Inc                                         | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Short            | EC               | CORP              | CA        |     -2097 | NS      | $-121206.60   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                         | WESTERN MIDSTREAM PARTNERS LP                                 | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |        -3 | NC      | $-63.00       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $10822.07     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Real Asset Acquisition Corp                       | Real Asset Acquisition Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11568 | NS      | $117299.52    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BERTO ACQUISITION CORP                            | BERTO ACQUISITION CORP                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3518 | NS      | $37607.42     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Investment Corp I                          | Origin Investment Corp I                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     11060 | NS      | $111042.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $7499.35      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CyberArk Software Ltd                             | CyberArk Software Ltd                                         | CUSIP: 000000000<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |      5727 | NS      | $2767000.05   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS CANTALOUPE INC                                            | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-17636.96    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD                            | Calumet Specialty Products Partners LP / Calumet Finance Corp | CUSIP: 131477AY7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2938000 | PA      | $2934775.84   | 2.26%             | 2026-04-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS ANGLO AMERICAN PLC                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-16263.80    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | SPDR S&P 500 ETF TRUST                                        | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       101 | NC      | $9090.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1617.43      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $5057.03      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Merus NV                                          | Merus NV                                                      | CUSIP: 000000000<br>LEI: 549300W8GPUWU8QNU293 | Long             | EC               | CORP              | NL        |      5204 | NS      | $489956.60    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TaskUS Inc                                        | TaskUS Inc                                                    | CUSIP: 87652V109<br>LEI: 549300VFPOK2Y6GLWE32 | Long             | EC               | CORP              | US        |     18062 | NS      | $322406.70    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS VIVENDI SE                                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $880.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Lightwave Acquisition Corp                        | Lightwave Acquisition Corp                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22683 | NS      | $227737.32    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS HUNTINGTON BANCSHARES INC                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-16734.68    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | HONEYWELL INTERNATIONAL INC                                   | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       231 | NC      | $106260.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit Aerosystems Inc                            | Spirit AeroSystems Inc                                        | CUSIP: 84857HAY6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | LON              | CORP              | US        |   2989966 | PA      | $2998367.73   | 2.31%             | 2027-01-15      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| CO2 Energy Transition Corp                        | CO2 Energy Transition Corp                                    | CUSIP: 12664M103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102834 | NS      | $1044793.44   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Acquisition I Corp                        | Pioneer Acquisition I Corp                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34937 | NS      | $351116.85    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| M3-Brigade Acquisition VI Corp                    | M3-Brigade Acquisition VI Corp                                | CUSIP: 000000000<br>LEI: 529900K3KULJYPOBI946 | Long             | EC               | CORP              | US        |      2219 | NS      | $22456.28     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                                    | Air Lease Corp                                                | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |      7024 | NS      | $447077.60    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS UNION PACIFIC CORP                                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-7191.93     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| AKOUOS INC                                        | AKOUOS INC                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26079 | NS      | $19559.25     | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| Wen Acquisition Corp                              | Wen Acquisition Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17948 | NS      | $187197.64    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| 1RT Acquisition Corp                              | 1RT Acquisition Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5247 | NS      | $55041.03     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1709.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Jena Acquisition Corp II                          | Jena Acquisition Corp II                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18687 | NS      | $194531.67    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kochav Defense Acquisition Cor                    | Kochav Defense Acquisition Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13623 | NS      | $136638.69    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1786.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chenghe Acquisition III Co                        | Chenghe Acquisition III Co                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     12168 | NS      | $121436.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery Inc                         | Warner Bros Discovery Inc                                     | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    203800 | NS      | $3980214.00   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nabors Energy Transition Corp                     | Nabors Energy Transition Corp II                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32613 | NS      | $365591.73    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA MERRILL LYNCH BANCO MULTIPLO S.A. | TRS ABIOMED INC                                               | CUSIP: 000000000<br>LEI: KPTCWFWJ4GW0WZNEMH59 | N/A              | DE               | CORP              | BR        |         1 | NC      | $6897.37      | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| FRONTIER COMMUNICATIONS                           | Frontier Communications Holdings LLC                          | CUSIP: 35908MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    553000 | PA      | $558819.10    | 0.43%             | 2029-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                        | EUR/USD FORWARD                                               | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-814.04      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INHIBRX INC                                       | INHIBRX INC                                                   | CUSIP: 457CVR017<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35267 | NS      | $39675.38     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kellanova                                         | Kellanova                                                     | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      3369 | NS      | $276325.38    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NMP Acquisition Corp                              | NMP Acquisition Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21941 | NS      | $217874.13    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ProCap Acquisition Corp                           | ProCap Acquisition Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3231 | NS      | $34216.29     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AA Mission Acquisition Corp                       | AA Mission Acquisition Corp                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23805 | NS      | $250428.60    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BUZZFEED INC                                      | BuzzFeed Inc                                                  | CUSIP: 12430A110<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     17099 | NC      | $940.45       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS SPECTRIS PLC                                              | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1047.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS VIVENDI SE                                                | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-15418.47    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS OMNICOM GROUP INC                                         | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-5649.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARCHIMEDES TECH SPAC PARTNER                      | Archimedes Tech SPAC Partners II Co                           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      7214 | NC      | $2525.62      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Veritex Holdings Inc                              | Veritex Holdings Inc                                          | CUSIP: 923451108<br>LEI: 549300F3SMOML02SC814 | Long             | EC               | CORP              | US        |     18953 | NS      | $635494.09    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Endeavor Group Holdings Inc                       | Endeavor Group Holdings Inc                                   | CUSIP: 29260Y109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    389302 | NS      | $11788064.56  | 9.08%             |  |  |  | No            |                  3 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-154.99      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST GROUP PLC                                            | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $453.97       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $13233.03     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS COVESTRO AG                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-3011.80     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | DUPONT DE NEMOURS INC                                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       127 | NC      | $20955.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bayview Acquisition Corp                          | Bayview Acquisition Corp                                      | CUSIP: 07323B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8153 | NS      | $90742.89     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELF DRILL HOLD LTD                              | Shelf Drilling Holdings Ltd                                   | CUSIP: 822538AH7<br>LEI: 54930078ZJ3XP4MRYB68 | Long             | DBT              | CORP              | KY        |   1205000 | PA      | $1259225.00   | 0.97%             | 2029-04-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                          | LUMEN TECHNOLOGIES INC                                        | CUSIP: 55024EAF2<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | LON              | CORP              | US        |    608449 | PA      | $603971.11    | 0.47%             | 2029-04-15      | Floating      | 6.63%                 | No            |                  2 | On Loan: No      |
| Oyster Enterprises II Acquisit                    | Oyster Enterprises II Acquisition Corp                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19252 | NS      | $192905.04    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | DUPONT DE NEMOURS INC                                         | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       127 | NC      | $254.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Kraft Heinz Co/The                                | Kraft Heinz Co/The                                            | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     24693 | NS      | $643005.72    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SBL HOLDINGS INC                                  | SBL Holdings Inc                                              | CUSIP: 78397DAC2<br>LEI: 635400MJW3QDSBJRKQ59 | Long             | DBT              | CORP              | US        |   1144000 | PA      | $1112645.59   | 0.86%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS IAC INC                                                   | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-110.89      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS JUST EAT TAKEAWAY.COM NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $1841.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | TRS UNIVERSAL MUSIC GROUP NV                                  | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DE               | CORP              | US        |         1 | NC      | $-1759.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Huntington Bancshares Inc/OH                      | Huntington Bancshares Inc/OH                                  | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Short            | EC               | CORP              | US        |      -503 | NS      | $-8686.81     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                           | USD/JPY FORWARD                                               | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-939.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GETTY IMAGES INC                                  | Getty Images Inc                                              | CUSIP: 374276AM5<br>LEI: 5493005NV20IG4VEKZ40 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2864790.00   | 2.21%             | 2030-02-21      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| FOXO TECHNOLOGIES INC                             | FOXO Technologies Inc                                         | CUSIP: 351471115<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     26187 | NC      | $248.78       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | TECK RESOURCES LTD                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -409 | NC      | $-248263.00   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS FRONTIER COMMUNICATIONS PARENT INC                        | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $102704.51    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | TECK RESOURCES LTD                                            | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |       880 | NC      | $2640.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE Inc                                        | ALLETE Inc                                                    | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |      4046 | NS      | $268654.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RESOURCES CRP                          | California Resources Corp                                     | CUSIP: 13057QAH0<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | DBT              | CORP              | US        |    184000 | PA      | $183880.00    | 0.14%             | 2026-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION         | TRS HONEYWELL INTERNATIONAL INC                               | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DE               | CORP              | US        |         1 | NC      | $-8505.88     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Frontier Communications Parent                    | Frontier Communications Parent Inc                            | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1063 | NS      | $39703.05     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Newbury Street II Acquisition Corp                | Newbury Street II Acquisition Corp                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     12867 | NC      | $2972.28      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE, INC.                   | KEURIG DR PEPPER INC                                          | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DE               | CORP              | US        |      -962 | NC      | $-19240.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| IRON HORSE ACQUISITIONS CORP                      | Iron Horse Acquisitions Corp                                  | CUSIP: 462837113<br>LEI: 5493000JDZP9ZR3A1A41 | N/A              | DE               | CORP              | US        |     31641 | NC      | $3195.74      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos Inc                                    | Rocket Cos Inc                                                | CUSIP: 77311W101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |   -413153 | NS      | $-8006907.81  | -6.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Armada Acquisition Corp II                        | Armada Acquisition Corp II                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29479 | NS      | $307760.76    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JAWS MUSTANG ACQUISITION C-A                      | Jaws Mustang Acquisition Corp                                 | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |     23996 | NC      | $811.06       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-18

**Name of Applicant:** Virtus Event Opportunities Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer