# EDGAR Filing Document

**Accession Number:** 0000880366
**File Stem:** 0000940400-26-021650
**Filing Date:** 2026-5
**Character Count:** 170003
**Document Hash:** a563bdf8f4244b74de610c25e94e16e6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-021650.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000940400-26-021650

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000880366

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06444
- **FILM NUMBER:** 261031912

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEGG MASON PARTNERS EQUITY TRUST
- **DATE OF NAME CHANGE:** 20070412

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEGG MASON PARTNERS INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 20060407

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19950831

## Series and Classes Contracts Data

### BrandywineGLOBAL - CORPORATE CREDIT FUND (Series ID: S000071893)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000227488 | Class I      | BCGIX           |
| C000227489 | Class C      | BGGCX           |
| C000227490 | Class IS     | BGISX           |
| C000227491 | Class A      | BCAAX           |

## Nport-Ex

Schedule of Investments (unaudited)

March 31, 2026

***If you need assistance accessing this content, please reach out to your sales representative or send an email to*** <u>accessibility@franklintempleton.com.</u>

 **BrandywineGLOBAL — Corporate Credit Fund**

&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>(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity <br>Date<br>| Face <br>Amount<br>| Value |
| **Corporate Bonds & Notes — 85.9%** | **Corporate Bonds & Notes — 85.9%** | **Corporate Bonds & Notes — 85.9%** | **Corporate Bonds & Notes — 85.9%** | **Corporate Bonds & Notes — 85.9%** |
| **Communication Services — 8.2%** | **Communication Services — 8.2%** | **Communication Services — 8.2%** | **Communication Services — 8.2%** | **Communication Services — 8.2%** |
| *Diversified Telecommunication Services — 1.2%* | *Diversified Telecommunication Services — 1.2%* | *Diversified Telecommunication Services — 1.2%* | *Diversified Telecommunication Services — 1.2%* | *Diversified Telecommunication Services — 1.2%* |
| &nbsp;&nbsp;&nbsp; Cogent Communications Group LLC/Cogent Finance Inc., Senior <br> Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 7/1/32 | &nbsp;&nbsp; $27825000<br>| &nbsp;&nbsp;&nbsp; $*24292321*<br> <sup>(a)</sup><br>|
| *Entertainment — 2.1%* | *Entertainment — 2.1%* | *Entertainment — 2.1%* | *Entertainment — 2.1%* | *Entertainment — 2.1%* |
| &nbsp;&nbsp;&nbsp; Flutter Treasury DAC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 6/4/31 | &nbsp;&nbsp; 17605000<br>| &nbsp;&nbsp;&nbsp; 17455358<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Go Daddy Operating Co. LLC/GD Finance Co. Inc., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 12/1/27 | &nbsp;&nbsp; 4473000<br>| &nbsp;&nbsp;&nbsp; 4458055<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Live Nation Entertainment Inc., Senior Secured Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 5/15/27 | &nbsp;&nbsp; 15327000<br>| &nbsp;&nbsp;&nbsp; 15356152<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ROBLOX Corp., Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 5/1/30 | &nbsp;&nbsp; 6675000<br>| &nbsp;&nbsp;&nbsp; 6276788<br> <sup>(a)</sup><br>|
| *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | *Total Entertainment* | &nbsp;&nbsp; *43546353* |
| *Interactive Media & Services — 3.7%* | *Interactive Media & Services — 3.7%* | *Interactive Media & Services — 3.7%* | *Interactive Media & Services — 3.7%* | *Interactive Media & Services — 3.7%* |
| &nbsp;&nbsp;&nbsp; ANGI Group LLC, Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 8/15/28 | &nbsp;&nbsp; 18633000<br>| &nbsp;&nbsp;&nbsp; 16605733<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; GrubHub Holdings Inc., Senior Secured Notes (6.000% Cash and <br> 7.000% PIK) | &nbsp;&nbsp; 13.000% | &nbsp;&nbsp; 7/31/30 | &nbsp;&nbsp; 24754660<br>| &nbsp;&nbsp;&nbsp; 19589684<br> <sup>(a)(b)</sup><br>|
| &nbsp;&nbsp;&nbsp; Match Group Holdings II LLC, Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 12/15/27 | &nbsp;&nbsp; 2593000<br>| &nbsp;&nbsp;&nbsp; 2583873<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Match Group Holdings II LLC, Senior Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 12826000<br>| &nbsp;&nbsp;&nbsp; 11897864<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Snap Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 3/15/34 | &nbsp;&nbsp; 15242000<br>| &nbsp;&nbsp;&nbsp; 14348572<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZipRecruiter Inc., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 18664000<br>| &nbsp;&nbsp;&nbsp; 10797003<br> <sup>(a)</sup><br>|
| *Total Interactive Media & Services* | *Total Interactive Media & Services* | *Total Interactive Media & Services* | *Total Interactive Media & Services* | &nbsp;&nbsp; *75822729* |
| *Media — 1.2%* | *Media — 1.2%* | *Media — 1.2%* | *Media — 1.2%* | *Media — 1.2%* |
| &nbsp;&nbsp;&nbsp; Cable One Inc., Senior Notes | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 11/15/30 | &nbsp;&nbsp; 8958000<br>| &nbsp;&nbsp;&nbsp; 6246213<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Charter Communications Operating LLC/Charter Communications <br> Operating Capital Corp., Senior Secured Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 4/1/48 | &nbsp;&nbsp; 5153000<br>| &nbsp;&nbsp;&nbsp; 4300894<br>|
| &nbsp;&nbsp;&nbsp; LCPR Senior Secured Financing DAC, Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 10/15/27 | &nbsp;&nbsp; 18329000<br>| &nbsp;&nbsp;&nbsp; 12412136<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Liberty Interactive LLC, Senior Notes | &nbsp;&nbsp; 8.500% | &nbsp;&nbsp; 7/15/29 | &nbsp;&nbsp; 11338000<br>| &nbsp;&nbsp;&nbsp; 457327<br>|
| &nbsp;&nbsp;&nbsp; Liberty Interactive LLC, Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 2916000<br>| &nbsp;&nbsp;&nbsp; 115797<br>|
| *Total Media* | *Total Media* | *Total Media* | *Total Media* | &nbsp;&nbsp; *23532367* |
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **167193770** |
| **Consumer Discretionary — 17.2%** | **Consumer Discretionary — 17.2%** | **Consumer Discretionary — 17.2%** | **Consumer Discretionary — 17.2%** | **Consumer Discretionary — 17.2%** |
| *Automobile Components — 0.8%* | *Automobile Components — 0.8%* | *Automobile Components — 0.8%* | *Automobile Components — 0.8%* | *Automobile Components — 0.8%* |
| &nbsp;&nbsp;&nbsp; Aptiv Swiss Holdings Ltd., Senior Notes | &nbsp;&nbsp; 4.150% | &nbsp;&nbsp; 5/1/52 | &nbsp;&nbsp; 1550000<br>| &nbsp;&nbsp;&nbsp; 1159082<br>|
| &nbsp;&nbsp;&nbsp; Phinia Inc., Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 10/15/32 | &nbsp;&nbsp; 454000<br>| &nbsp;&nbsp;&nbsp; 462420<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Phinia Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 3236000<br>| &nbsp;&nbsp;&nbsp; 3298465<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZF North America Capital Inc., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 4/23/30 | &nbsp;&nbsp; 12094000<br>| &nbsp;&nbsp;&nbsp; 11707987<br> <sup>(a)</sup><br>|
| *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | *Total Automobile Components* | &nbsp;&nbsp; *16627954* |
| *Automobiles — 0.3%* | *Automobiles — 0.3%* | *Automobiles — 0.3%* | *Automobiles — 0.3%* | *Automobiles — 0.3%* |
| &nbsp;&nbsp;&nbsp; Winnebago Industries Inc., Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 7/15/28 | &nbsp;&nbsp; 5690000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *5695269*<br> <sup>(a)</sup><br>|
| *Broadline Retail — 0.7%* | *Broadline Retail — 0.7%* | *Broadline Retail — 0.7%* | *Broadline Retail — 0.7%* | *Broadline Retail — 0.7%* |
| &nbsp;&nbsp;&nbsp; Macy's Retail Holdings LLC, Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 3/15/32 | &nbsp;&nbsp; 4925000<br>| &nbsp;&nbsp;&nbsp; 4842801<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; QVC Inc., Senior Secured Notes | &nbsp;&nbsp; 5.450% | &nbsp;&nbsp; 8/15/34 | &nbsp;&nbsp; 23871000<br>| &nbsp;&nbsp;&nbsp; 10383885<br>|
| *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | *Total Broadline Retail* | &nbsp;&nbsp; *15226686* |
| *Diversified Consumer Services — 0.9%* | *Diversified Consumer Services — 0.9%* | *Diversified Consumer Services — 0.9%* | *Diversified Consumer Services — 0.9%* | *Diversified Consumer Services — 0.9%* |
| &nbsp;&nbsp;&nbsp; Graham Holdings Co., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 12/1/33 | &nbsp;&nbsp; 19665000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *19313502*<br> <sup>(a)</sup><br>|
| *Hotels, Restaurants & Leisure — 8.2%* | *Hotels, Restaurants & Leisure — 8.2%* | *Hotels, Restaurants & Leisure — 8.2%* | *Hotels, Restaurants & Leisure — 8.2%* | *Hotels, Restaurants & Leisure — 8.2%* |
| &nbsp;&nbsp;&nbsp; Affinity Interactive, Senior Secured Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 12/15/27 | &nbsp;&nbsp; 31352000<br>| &nbsp;&nbsp;&nbsp; 18984067<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Allwyn Entertainment Financing UK PLC, Senior Secured Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 4/30/29 | &nbsp;&nbsp; 23792000<br>| &nbsp;&nbsp;&nbsp; 24339982<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **BrandywineGLOBAL — Corporate Credit Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount<br>| Value |
| *Hotels, Restaurants & Leisure — continued* | *Hotels, Restaurants & Leisure — continued* | *Hotels, Restaurants & Leisure — continued* | *Hotels, Restaurants & Leisure — continued* | *Hotels, Restaurants & Leisure — continued* |
| &nbsp;&nbsp;&nbsp; Lindblad Expeditions LLC, Senior Secured Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 9/15/30 | &nbsp;&nbsp; $9250000<br>| &nbsp;&nbsp;&nbsp; $9449763<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., <br> Senior Secured Notes | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 5/1/29 | &nbsp;&nbsp; 12019000<br>| &nbsp;&nbsp;&nbsp; 11662866<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; NCL Corp. Ltd., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 15858000<br>| &nbsp;&nbsp;&nbsp; 15416606<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Rivers Enterprise Borrower LLC, Senior Secured Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 2107000<br>| &nbsp;&nbsp;&nbsp; 2102915<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co., Senior Secured Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 7/31/26 | &nbsp;&nbsp; 29617000<br>| &nbsp;&nbsp;&nbsp; 29659589<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Vail Resorts Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 7/15/30 | &nbsp;&nbsp; 5737000<br>| &nbsp;&nbsp;&nbsp; 5692180<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., Senior Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 6043000<br>| &nbsp;&nbsp;&nbsp; 6057165<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., Senior Notes | &nbsp;&nbsp; 9.125% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 16303000<br>| &nbsp;&nbsp;&nbsp; 17207490<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 10/15/33 | &nbsp;&nbsp; 4840000<br>| &nbsp;&nbsp;&nbsp; 4782050<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; VOC Escrow Ltd., Senior Secured Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 2/15/28 | &nbsp;&nbsp; 21152000<br>| &nbsp;&nbsp;&nbsp; 21074956<br> <sup>(a)</sup><br>|
| *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | *Total Hotels, Restaurants & Leisure* | &nbsp;&nbsp; *166429629* |
| *Household Durables — 3.0%* | *Household Durables — 3.0%* | *Household Durables — 3.0%* | *Household Durables — 3.0%* | *Household Durables — 3.0%* |
| &nbsp;&nbsp;&nbsp; Dream Finders Homes Inc., Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 8/15/28 | &nbsp;&nbsp; 21061000<br>| &nbsp;&nbsp;&nbsp; 21419750<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Dream Finders Homes Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 9/15/30 | &nbsp;&nbsp; 8350000<br>| &nbsp;&nbsp;&nbsp; 7998422<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Installed Building Products Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 2/1/34 | &nbsp;&nbsp; 18055000<br>| &nbsp;&nbsp;&nbsp; 17663134<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TopBuild Corp., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 1/31/34 | &nbsp;&nbsp; 14033000<br>| &nbsp;&nbsp;&nbsp; 13749768<br> <sup>(a)</sup><br>|
| *Total Household Durables* | *Total Household Durables* | *Total Household Durables* | *Total Household Durables* | &nbsp;&nbsp; *60831074* |
| *Specialty Retail — 3.3%* | *Specialty Retail — 3.3%* | *Specialty Retail — 3.3%* | *Specialty Retail — 3.3%* | *Specialty Retail — 3.3%* |
| &nbsp;&nbsp;&nbsp; Acushnet Co., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 12/1/33 | &nbsp;&nbsp; 8516000<br>| &nbsp;&nbsp;&nbsp; 8471393<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Arko Corp., Senior Notes | &nbsp;&nbsp; 5.125% | &nbsp;&nbsp; 11/15/29 | &nbsp;&nbsp; 11107000<br>| &nbsp;&nbsp;&nbsp; 9867714<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; EG Global Finance PLC, Senior Secured Notes | &nbsp;&nbsp; 12.000% | &nbsp;&nbsp; 11/30/28 | &nbsp;&nbsp; 21803000<br>| &nbsp;&nbsp;&nbsp; 23339392<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Gap Inc., Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 10/1/31 | &nbsp;&nbsp; 27142000<br>| &nbsp;&nbsp;&nbsp; 24607431<br> <sup>(a)</sup><br>|
| *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | *Total Specialty Retail* | &nbsp;&nbsp; *66285930* |
| *Textiles, Apparel & Luxury Goods — 0.0%††* | *Textiles, Apparel & Luxury Goods — 0.0%††* | *Textiles, Apparel & Luxury Goods — 0.0%††* | *Textiles, Apparel & Luxury Goods — 0.0%††* | *Textiles, Apparel & Luxury Goods — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC, Second Out Senior Secured Notes | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 12/15/29 | &nbsp;&nbsp; 14180000<br>| &nbsp;&nbsp;&nbsp; 177,250<br> \*<sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC, Third Out Senior Secured Notes | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 12/15/29 | &nbsp;&nbsp; 481750<br>| &nbsp;&nbsp;&nbsp; 1,806<br> \*<sup>(a)(c)</sup><br>|
| *Total Textiles, Apparel & Luxury Goods* | *Total Textiles, Apparel & Luxury Goods* | *Total Textiles, Apparel & Luxury Goods* | *Total Textiles, Apparel & Luxury Goods* | &nbsp;&nbsp; *179056* |
| **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | **Total Consumer Discretionary** | &nbsp;&nbsp; **350589100** |
| **Energy — 9.4%** | **Energy — 9.4%** | **Energy — 9.4%** | **Energy — 9.4%** | **Energy — 9.4%** |
| *Energy Equipment & Services — 1.2%* | *Energy Equipment & Services — 1.2%* | *Energy Equipment & Services — 1.2%* | *Energy Equipment & Services — 1.2%* | *Energy Equipment & Services — 1.2%* |
| &nbsp;&nbsp;&nbsp; Enerflex Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 5750000<br>| &nbsp;&nbsp;&nbsp; 5874629<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Kodiak Gas Services LLC, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 4/1/31 | &nbsp;&nbsp; 3250000<br>| &nbsp;&nbsp;&nbsp; 3268110<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WBI Operating LLC, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 14770000<br>| &nbsp;&nbsp;&nbsp; 14867999<br> <sup>(a)</sup><br>|
| *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | *Total Energy Equipment & Services* | &nbsp;&nbsp; *24010738* |
| *Oil, Gas & Consumable Fuels — 8.2%* | *Oil, Gas & Consumable Fuels — 8.2%* | *Oil, Gas & Consumable Fuels — 8.2%* | *Oil, Gas & Consumable Fuels — 8.2%* | *Oil, Gas & Consumable Fuels — 8.2%* |
| &nbsp;&nbsp;&nbsp; BKV Upstream Midstream LLC, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 10/15/30 | &nbsp;&nbsp; 13730000<br>| &nbsp;&nbsp;&nbsp; 13887044<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Chord Energy Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 10/1/30 | &nbsp;&nbsp; 4229000<br>| &nbsp;&nbsp;&nbsp; 4287614<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Coronado Finance Pty Ltd., Senior Secured Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 10/1/29 | &nbsp;&nbsp; 12355000<br>| &nbsp;&nbsp;&nbsp; 11174920<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; DBR Land Holdings LLC, Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 12/1/30 | &nbsp;&nbsp; 9456000<br>| &nbsp;&nbsp;&nbsp; 9580063<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ecopetrol SA, Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 5/28/45 | &nbsp;&nbsp; 9665000<br>| &nbsp;&nbsp;&nbsp; 7123593<br>|
| &nbsp;&nbsp;&nbsp; Infinity Natural Resources LLC, Senior Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 4/1/31 | &nbsp;&nbsp; 2415000<br>| &nbsp;&nbsp;&nbsp; 2429261<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Kraken Oil & Gas Partners LLC, Senior Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 14823000<br>| &nbsp;&nbsp;&nbsp; 15145445<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., <br> Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 12/1/32 | &nbsp;&nbsp; 1725000<br>| &nbsp;&nbsp;&nbsp; 1776262<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 2/15/34 | &nbsp;&nbsp; 3525000<br>| &nbsp;&nbsp;&nbsp; 3483784<br>|

---

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

 **BrandywineGLOBAL — Corporate Credit Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount<br>| Value |
| *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* | *Oil, Gas & Consumable Fuels — continued* |
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp., Senior Notes | &nbsp;&nbsp; 6.200% | &nbsp;&nbsp; 3/15/40 | &nbsp;&nbsp; $6100000<br>| &nbsp;&nbsp;&nbsp; $6234560<br>|
| &nbsp;&nbsp;&nbsp; Occidental Petroleum Corp., Senior Notes | &nbsp;&nbsp; 4.400% | &nbsp;&nbsp; 8/15/49 | &nbsp;&nbsp; 1270000<br>| &nbsp;&nbsp;&nbsp; 934021<br>|
| &nbsp;&nbsp;&nbsp; Saturn Oil & Gas Inc., Senior Secured Notes | &nbsp;&nbsp; 9.625% | &nbsp;&nbsp; 6/15/29 | &nbsp;&nbsp; 27594000<br>| &nbsp;&nbsp;&nbsp; 28901211<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; SM Energy Co., Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 9/15/26 | &nbsp;&nbsp; 5850000<br>| &nbsp;&nbsp;&nbsp; 5856786<br>|
| &nbsp;&nbsp;&nbsp; SM Energy Co., Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 1/15/27 | &nbsp;&nbsp; 10842000<br>| &nbsp;&nbsp;&nbsp; 10848442<br>|
| &nbsp;&nbsp;&nbsp; SM Energy Co., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 7/15/28 | &nbsp;&nbsp; 6160000<br>| &nbsp;&nbsp;&nbsp; 6179127<br>|
| &nbsp;&nbsp;&nbsp; SM Energy Co., Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 4/15/34 | &nbsp;&nbsp; 2750000<br>| &nbsp;&nbsp;&nbsp; 2744430<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Sunoco LP, Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 7/15/31 | &nbsp;&nbsp; 4250000<br>| &nbsp;&nbsp;&nbsp; 4218937<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Teine Energy Ltd., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 19233000<br>| &nbsp;&nbsp;&nbsp; 19239666<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TGNR Intermediate Holdings LLC, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 10/15/29 | &nbsp;&nbsp; 2726000<br>| &nbsp;&nbsp;&nbsp; 2667438<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Venture Global Calcasieu Pass LLC, Senior Secured Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 8/15/29 | &nbsp;&nbsp; 11625000<br>| &nbsp;&nbsp;&nbsp; 11055304<br> <sup>(a)</sup><br>|
| *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | *Total Oil, Gas & Consumable Fuels* | &nbsp;&nbsp; *167767908* |
| **Total Energy** | **Total Energy** | **Total Energy** | **Total Energy** | &nbsp;&nbsp; **191778646** |
| **Financials — 26.9%** | **Financials — 26.9%** | **Financials — 26.9%** | **Financials — 26.9%** | **Financials — 26.9%** |
| *Banks — 2.1%* | *Banks — 2.1%* | *Banks — 2.1%* | *Banks — 2.1%* | *Banks — 2.1%* |
| &nbsp;&nbsp;&nbsp; Bank of America Corp., Junior Subordinated Notes (4.375% to 1/27/27 <br> then 5 year Treasury Constant Maturity Rate + 2.760%) | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 1/27/27 | &nbsp;&nbsp; 4500000<br>| &nbsp;&nbsp;&nbsp; 4447930<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Chase & Co., Junior Subordinated Notes (3.650% to 6/1/26 <br> then 5 year Treasury Constant Maturity Rate + 2.850%) | &nbsp;&nbsp; 3.650% | &nbsp;&nbsp; 6/1/26 | &nbsp;&nbsp; 13728000<br>| &nbsp;&nbsp;&nbsp; 13672922<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc., Junior Subordinated Notes (3.400% <br> to 9/15/26 then 5 year Treasury Constant Maturity Rate + 2.595%) | &nbsp;&nbsp; 3.400% | &nbsp;&nbsp; 9/15/26 | &nbsp;&nbsp; 10144000<br>| &nbsp;&nbsp;&nbsp; 9992275<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Western Alliance Bancorp, Subordinated Notes (3.000% to 6/15/26 <br> then 3 mo. Term SOFR + 2.250%) | &nbsp;&nbsp; 3.000% | &nbsp;&nbsp; 6/15/31 | &nbsp;&nbsp; 14718000<br>| &nbsp;&nbsp;&nbsp; 14140024<br> <sup>(e)</sup><br>|
| *Total Banks* | *Total Banks* | *Total Banks* | *Total Banks* | &nbsp;&nbsp; *42253151* |
| *Capital Markets — 3.3%* | *Capital Markets — 3.3%* | *Capital Markets — 3.3%* | *Capital Markets — 3.3%* | *Capital Markets — 3.3%* |
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp., Junior Subordinated Notes (3.750% <br> to 12/20/26 then 5 year Treasury Constant Maturity Rate + 2.630%) | &nbsp;&nbsp; 3.750% | &nbsp;&nbsp; 12/20/26 | &nbsp;&nbsp; 10303000<br>| &nbsp;&nbsp;&nbsp; 10080429<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp., Junior Subordinated Notes (7.166% <br> to 3/20/31 then 5 year Treasury Constant Maturity Rate + 3.352%) | &nbsp;&nbsp; 7.166% | &nbsp;&nbsp; 6/20/26 | &nbsp;&nbsp; 1863000<br>| &nbsp;&nbsp;&nbsp; 1877546<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; BW Real Estate Inc., Senior Notes (9.500% to 3/30/30 then 5 year <br> Treasury Constant Maturity Rate + 5.402%) | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 3/30/30 | &nbsp;&nbsp; 5265000<br>| &nbsp;&nbsp;&nbsp; 5299065<br> <sup>(a)(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Charles Schwab Corp., Junior Subordinated Notes (4.000% to 6/1/26 <br> then 5 year Treasury Constant Maturity Rate + 3.168%) | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 6/1/26 | &nbsp;&nbsp; 16292000<br>| &nbsp;&nbsp;&nbsp; 16191755<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; CI Financial Corp., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 5/30/29 | &nbsp;&nbsp; 10100000<br>| &nbsp;&nbsp;&nbsp; 10604288<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; CI Financial Corp., Senior Notes | &nbsp;&nbsp; 3.200% | &nbsp;&nbsp; 12/17/30 | &nbsp;&nbsp; 10328000<br>| &nbsp;&nbsp;&nbsp; 9196164<br>|
| &nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc., Junior Subordinated Notes (3.800% to <br> 5/10/26 then 5 year Treasury Constant Maturity Rate + 2.969%) | &nbsp;&nbsp; 3.800% | &nbsp;&nbsp; 5/10/26 | &nbsp;&nbsp; 3909000<br>| &nbsp;&nbsp;&nbsp; 3902798<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS Group AG, Junior Subordinated Notes (3.875% to 6/2/26 then 5 <br> year Treasury Constant Maturity Rate + 3.098%) | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 6/2/26 | &nbsp;&nbsp; 5000000<br>| &nbsp;&nbsp;&nbsp; 4995782<br> <sup>(a)(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; UBS Group AG, Junior Subordinated Notes (4.875% to 2/12/27 then 5 <br> year Treasury Constant Maturity Rate + 3.404%) | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 2/12/27 | &nbsp;&nbsp; 4535000<br>| &nbsp;&nbsp;&nbsp; 4493182<br> <sup>(a)(d)(e)</sup><br>|
| *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | *Total Capital Markets* | &nbsp;&nbsp; *66641009* |
| *Consumer Finance — 8.7%* | *Consumer Finance — 8.7%* | *Consumer Finance — 8.7%* | *Consumer Finance — 8.7%* | *Consumer Finance — 8.7%* |
| &nbsp;&nbsp;&nbsp; American Express Co., Junior Subordinated Notes (3.550% to 9/15/26 <br> then 5 year Treasury Constant Maturity Rate + 2.854%) | &nbsp;&nbsp; 3.550% | &nbsp;&nbsp; 9/15/26 | &nbsp;&nbsp; 3038000<br>| &nbsp;&nbsp;&nbsp; 3005497<br> <sup>(d)(e)</sup><br>|
| &nbsp;&nbsp;&nbsp; Atlanticus Holdings Corp., Senior Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 9/1/30 | &nbsp;&nbsp; 11275000<br>| &nbsp;&nbsp;&nbsp; 10146503<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Credit Acceptance Corp., Senior Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 12/15/28 | &nbsp;&nbsp; 29548000<br>| &nbsp;&nbsp;&nbsp; 30654100<br> <sup>(a)</sup><br>|

---

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **BrandywineGLOBAL — Corporate Credit Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount<br>| Value |
| *Consumer Finance — continued* | *Consumer Finance — continued* | *Consumer Finance — continued* | *Consumer Finance — continued* | *Consumer Finance — continued* |
| &nbsp;&nbsp;&nbsp; Encore Capital Group Inc., Senior Secured Notes | &nbsp;&nbsp; 9.250% | &nbsp;&nbsp; 4/1/29 | &nbsp;&nbsp; $23268000<br>| &nbsp;&nbsp;&nbsp; $24373230<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Enova International Inc., Senior Notes | &nbsp;&nbsp; 11.250% | &nbsp;&nbsp; 12/15/28 | &nbsp;&nbsp; 25205000<br>| &nbsp;&nbsp;&nbsp; 26682442<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; FirstCash Inc., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 9/1/28 | &nbsp;&nbsp; 9775000<br>| &nbsp;&nbsp;&nbsp; 9610417<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; FirstCash Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 1/1/30 | &nbsp;&nbsp; 27615000<br>| &nbsp;&nbsp;&nbsp; 27532939<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; PRA Group Inc., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 10/1/29 | &nbsp;&nbsp; 12887000<br>| &nbsp;&nbsp;&nbsp; 11908925<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; PROG Holdings Inc., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 11/15/29 | &nbsp;&nbsp; 35628000<br>| &nbsp;&nbsp;&nbsp; 33875459<br> <sup>(a)</sup><br>|
| *Total Consumer Finance* | *Total Consumer Finance* | *Total Consumer Finance* | *Total Consumer Finance* | &nbsp;&nbsp; *177789512* |
| *Financial Services — 7.3%* | *Financial Services — 7.3%* | *Financial Services — 7.3%* | *Financial Services — 7.3%* | *Financial Services — 7.3%* |
| &nbsp;&nbsp;&nbsp; Block Inc., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 8/15/30 | &nbsp;&nbsp; 8545000<br>| &nbsp;&nbsp;&nbsp; 8502609<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Block Inc., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 8/15/33 | &nbsp;&nbsp; 6534000<br>| &nbsp;&nbsp;&nbsp; 6432811<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Burford Capital Global Finance LLC, Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 4/15/30 | &nbsp;&nbsp; 20304000<br>| &nbsp;&nbsp;&nbsp; 17945386<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Burford Capital Global Finance LLC, Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 7/15/33 | &nbsp;&nbsp; 3400000<br>| &nbsp;&nbsp;&nbsp; 2834886<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Citadel Finance LLC, Senior Notes | &nbsp;&nbsp; 5.900% | &nbsp;&nbsp; 2/10/30 | &nbsp;&nbsp; 10641000<br>| &nbsp;&nbsp;&nbsp; 10697754<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Corp., Senior Notes | &nbsp;&nbsp; 6.625% | &nbsp;&nbsp; 1/15/27 | &nbsp;&nbsp; 9625000<br>| &nbsp;&nbsp;&nbsp; 9618396<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jefferson Capital Holdings LLC, Senior Notes | &nbsp;&nbsp; 9.500% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 26452000<br>| &nbsp;&nbsp;&nbsp; 27773780<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Jefferson Capital Holdings LLC, Senior Notes | &nbsp;&nbsp; 8.250% | &nbsp;&nbsp; 5/15/30 | &nbsp;&nbsp; 6550000<br>| &nbsp;&nbsp;&nbsp; 6833248<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Provident Funding Associates LP/PFG Finance Corp., Senior Notes | &nbsp;&nbsp; 9.750% | &nbsp;&nbsp; 9/15/29 | &nbsp;&nbsp; 22275000<br>| &nbsp;&nbsp;&nbsp; 22889502<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; SGUS LLC, Senior Secured Notes | &nbsp;&nbsp; 11.000% | &nbsp;&nbsp; 12/15/29 | &nbsp;&nbsp; 7170750<br>| &nbsp;&nbsp;&nbsp; 788,783<br> \*<sup>(a)(c)</sup><br>|
| &nbsp;&nbsp;&nbsp; United Wholesale Mortgage LLC, Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 6/15/27 | &nbsp;&nbsp; 5155000<br>| &nbsp;&nbsp;&nbsp; 5078501<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; United Wholesale Mortgage LLC, Senior Notes | &nbsp;&nbsp; 5.500% | &nbsp;&nbsp; 4/15/29 | &nbsp;&nbsp; 29281000<br>| &nbsp;&nbsp;&nbsp; 27434280<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Velocity Commercial Capital LLC, Senior Notes | &nbsp;&nbsp; 9.375% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 1550000<br>| &nbsp;&nbsp;&nbsp; 1550810<br> <sup>(a)</sup><br>|
| *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | *Total Financial Services* | &nbsp;&nbsp; *148380746* |
| *Insurance — 5.5%* | *Insurance — 5.5%* | *Insurance — 5.5%* | *Insurance — 5.5%* | *Insurance — 5.5%* |
| &nbsp;&nbsp;&nbsp; AmWINS Group Inc., Senior Secured Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 2451000<br>| &nbsp;&nbsp;&nbsp; 2466725<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Baldwin Insurance Group Holdings LLC/Baldwin Insurance Group <br> Holdings Finance, Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 5/15/31 | &nbsp;&nbsp; 13067000<br>| &nbsp;&nbsp;&nbsp; 13141736<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US <br> Refinance LLC, Senior Notes | &nbsp;&nbsp; 8.125% | &nbsp;&nbsp; 2/15/32 | &nbsp;&nbsp; 6939000<br>| &nbsp;&nbsp;&nbsp; 6507844<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Howden UK Refinance PLC/Howden UK Refinance 2 PLC/Howden US <br> Refinance LLC, Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 29876000<br>| &nbsp;&nbsp;&nbsp; 30150740<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Panther Escrow Issuer LLC, Senior Secured Notes | &nbsp;&nbsp; 7.125% | &nbsp;&nbsp; 6/1/31 | &nbsp;&nbsp; 27090000<br>| &nbsp;&nbsp;&nbsp; 27194676<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ryan Specialty LLC, Senior Secured Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 2/1/30 | &nbsp;&nbsp; 3163000<br>| &nbsp;&nbsp;&nbsp; 3068176<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ryan Specialty LLC, Senior Secured Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 8/1/32 | &nbsp;&nbsp; 30136000<br>| &nbsp;&nbsp;&nbsp; 29809615<br> <sup>(a)</sup><br>|
| *Total Insurance* | *Total Insurance* | *Total Insurance* | *Total Insurance* | &nbsp;&nbsp; *112339512* |
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **547403930** |
| **Health Care — 3.7%** | **Health Care — 3.7%** | **Health Care — 3.7%** | **Health Care — 3.7%** | **Health Care — 3.7%** |
| *Health Care Equipment & Supplies — 0.1%* | *Health Care Equipment & Supplies — 0.1%* | *Health Care Equipment & Supplies — 0.1%* | *Health Care Equipment & Supplies — 0.1%* | *Health Care Equipment & Supplies — 0.1%* |
| &nbsp;&nbsp;&nbsp; Embecta Corp., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 2/15/30 | &nbsp;&nbsp; 2263000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *2127209*<br> <sup>(a)</sup><br>|
| *Health Care Providers & Services — 1.9%* | *Health Care Providers & Services — 1.9%* | *Health Care Providers & Services — 1.9%* | *Health Care Providers & Services — 1.9%* | *Health Care Providers & Services — 1.9%* |
| &nbsp;&nbsp;&nbsp; Centene Corp., Senior Notes | &nbsp;&nbsp; 2.450% | &nbsp;&nbsp; 7/15/28 | &nbsp;&nbsp; 2161000<br>| &nbsp;&nbsp;&nbsp; 2013811<br>|
| &nbsp;&nbsp;&nbsp; Centene Corp., Senior Notes | &nbsp;&nbsp; 4.625% | &nbsp;&nbsp; 12/15/29 | &nbsp;&nbsp; 3631000<br>| &nbsp;&nbsp;&nbsp; 3449223<br>|
| &nbsp;&nbsp;&nbsp; HealthEquity Inc., Senior Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 10/1/29 | &nbsp;&nbsp; 11927000<br>| &nbsp;&nbsp;&nbsp; 11554125<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Molina Healthcare Inc., Senior Notes | &nbsp;&nbsp; 4.375% | &nbsp;&nbsp; 6/15/28 | &nbsp;&nbsp; 7048000<br>| &nbsp;&nbsp;&nbsp; 6819596<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Molina Healthcare Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 1/15/33 | &nbsp;&nbsp; 14265000<br>| &nbsp;&nbsp;&nbsp; 13840054<br> <sup>(a)</sup><br>|
| *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | *Total Health Care Providers & Services* | &nbsp;&nbsp; *37676809* |

---

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

 **BrandywineGLOBAL — Corporate Credit Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount<br>| Value |
| *Life Sciences Tools & Services — 1.6%* | *Life Sciences Tools & Services — 1.6%* | *Life Sciences Tools & Services — 1.6%* | *Life Sciences Tools & Services — 1.6%* | *Life Sciences Tools & Services — 1.6%* |
| &nbsp;&nbsp;&nbsp; Avantor Funding Inc., Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 11/1/29 | &nbsp;&nbsp; $4150000<br>| &nbsp;&nbsp;&nbsp; $3896552<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International Inc., Senior Notes | &nbsp;&nbsp; 4.250% | &nbsp;&nbsp; 5/1/28 | &nbsp;&nbsp; 125000<br>| &nbsp;&nbsp;&nbsp; 122264<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; IQVIA Inc., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 10/15/26 | &nbsp;&nbsp; 25835000<br>| &nbsp;&nbsp;&nbsp; 25870484<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; IQVIA Inc., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 5/15/27 | &nbsp;&nbsp; 3325000<br>| &nbsp;&nbsp;&nbsp; 3314375<br> <sup>(a)</sup><br>|
| *Total Life Sciences Tools & Services* | *Total Life Sciences Tools & Services* | *Total Life Sciences Tools & Services* | *Total Life Sciences Tools & Services* | &nbsp;&nbsp; *33203675* |
| *Pharmaceuticals — 0.1%* | *Pharmaceuticals — 0.1%* | *Pharmaceuticals — 0.1%* | *Pharmaceuticals — 0.1%* | *Pharmaceuticals — 0.1%* |
| &nbsp;&nbsp;&nbsp; Utah Acquisition Sub Inc., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 6/15/46 | &nbsp;&nbsp; 3462000<br>| &nbsp;&nbsp;&nbsp; *2784289*<br>|
| **Total Health Care** | **Total Health Care** | **Total Health Care** | **Total Health Care** | &nbsp;&nbsp; **75791982** |
| **Industrials — 10.7%** | **Industrials — 10.7%** | **Industrials — 10.7%** | **Industrials — 10.7%** | **Industrials — 10.7%** |
| *Aerospace & Defense — 2.9%* | *Aerospace & Defense — 2.9%* | *Aerospace & Defense — 2.9%* | *Aerospace & Defense — 2.9%* | *Aerospace & Defense — 2.9%* |
| &nbsp;&nbsp;&nbsp; AAR Escrow Issuer LLC, Senior Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 3/15/29 | &nbsp;&nbsp; 7500000<br>| &nbsp;&nbsp;&nbsp; 7638727<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 3/1/34 | &nbsp;&nbsp; 18802000<br>| &nbsp;&nbsp;&nbsp; 18652317<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Secured Notes | &nbsp;&nbsp; 6.750% | &nbsp;&nbsp; 8/15/28 | &nbsp;&nbsp; 22582000<br>| &nbsp;&nbsp;&nbsp; 22884373<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; TransDigm Inc., Senior Secured Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 3/1/29 | &nbsp;&nbsp; 8828000<br>| &nbsp;&nbsp;&nbsp; 9003792<br> <sup>(a)</sup><br>|
| *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | *Total Aerospace & Defense* | &nbsp;&nbsp; *58179209* |
| *Building Products — 0.6%* | *Building Products — 0.6%* | *Building Products — 0.6%* | *Building Products — 0.6%* | *Building Products — 0.6%* |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems Inc., Senior Notes | &nbsp;&nbsp; 5.375% | &nbsp;&nbsp; 3/1/34 | &nbsp;&nbsp; 3350000<br>| &nbsp;&nbsp;&nbsp; 3268330<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; AmeriTex HoldCo Intermediate LLC, Senior Secured Notes | &nbsp;&nbsp; 7.625% | &nbsp;&nbsp; 8/15/33 | &nbsp;&nbsp; 9714000<br>| &nbsp;&nbsp;&nbsp; 10035795<br> <sup>(a)</sup><br>|
| *Total Building Products* | *Total Building Products* | *Total Building Products* | *Total Building Products* | &nbsp;&nbsp; *13304125* |
| *Commercial Services & Supplies — 0.5%* | *Commercial Services & Supplies — 0.5%* | *Commercial Services & Supplies — 0.5%* | *Commercial Services & Supplies — 0.5%* | *Commercial Services & Supplies — 0.5%* |
| &nbsp;&nbsp;&nbsp; Synergy Infrastructure Holdings LLC, Secured Notes | &nbsp;&nbsp; 7.875% | &nbsp;&nbsp; 12/1/30 | &nbsp;&nbsp; 9522000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *9729799*<br> <sup>(a)</sup><br>|
| *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* | *Construction & Engineering — 1.0%* |
| &nbsp;&nbsp;&nbsp; Brundage-Bone Concrete Pumping Holdings Inc., Senior Secured Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 2/1/32 | &nbsp;&nbsp; 20623000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *20857009*<br> <sup>(a)</sup><br>|
| *Electrical Equipment — 1.0%* | *Electrical Equipment — 1.0%* | *Electrical Equipment — 1.0%* | *Electrical Equipment — 1.0%* | *Electrical Equipment — 1.0%* |
| &nbsp;&nbsp;&nbsp; WESCO Distribution Inc., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 6/15/28 | &nbsp;&nbsp; 14793000<br>| &nbsp;&nbsp;&nbsp; 14883955<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; WESCO Distribution Inc., Senior Notes | &nbsp;&nbsp; 5.250% | &nbsp;&nbsp; 4/15/31 | &nbsp;&nbsp; 6550000<br>| &nbsp;&nbsp;&nbsp; 6527278<br> <sup>(a)</sup><br>|
| *Total Electrical Equipment* | *Total Electrical Equipment* | *Total Electrical Equipment* | *Total Electrical Equipment* | &nbsp;&nbsp; *21411233* |
| *Machinery — 1.5%* | *Machinery — 1.5%* | *Machinery — 1.5%* | *Machinery — 1.5%* | *Machinery — 1.5%* |
| &nbsp;&nbsp;&nbsp; Amsted Industries Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 4218000<br>| &nbsp;&nbsp;&nbsp; 4242401<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Enpro Inc., Senior Notes | &nbsp;&nbsp; 6.125% | &nbsp;&nbsp; 6/1/33 | &nbsp;&nbsp; 6899000<br>| &nbsp;&nbsp;&nbsp; 6995352<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Esab Corp., Senior Notes | &nbsp;&nbsp; 5.625% | &nbsp;&nbsp; 4/1/31 | &nbsp;&nbsp; 4730000<br>| &nbsp;&nbsp;&nbsp; 4774982<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Titan International Inc., Senior Secured Notes | &nbsp;&nbsp; 7.000% | &nbsp;&nbsp; 4/30/28 | &nbsp;&nbsp; 13699000<br>| &nbsp;&nbsp;&nbsp; 13679838<br>|
| *Total Machinery* | *Total Machinery* | *Total Machinery* | *Total Machinery* | &nbsp;&nbsp; *29692573* |
| *Passenger Airlines — 2.0%* | *Passenger Airlines — 2.0%* | *Passenger Airlines — 2.0%* | *Passenger Airlines — 2.0%* | *Passenger Airlines — 2.0%* |
| &nbsp;&nbsp;&nbsp; Air Canada Pass-Through Trust | &nbsp;&nbsp; 3.300% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 4375448<br>| &nbsp;&nbsp;&nbsp; 4190985<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Allegiant Travel Co., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 8/15/27 | &nbsp;&nbsp; 25103000<br>| &nbsp;&nbsp;&nbsp; 25148361<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; British Airways Pass-Through Trust | &nbsp;&nbsp; 3.300% | &nbsp;&nbsp; 12/15/32 | &nbsp;&nbsp; 3995147<br>| &nbsp;&nbsp;&nbsp; 3786223<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; JetBlue Airways Pass-Through Trust | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 11/15/32 | &nbsp;&nbsp; 7962094<br>| &nbsp;&nbsp;&nbsp; 7559600<br>|
| *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | *Total Passenger Airlines* | &nbsp;&nbsp; *40685169* |
| *Professional Services — 0.2%* | *Professional Services — 0.2%* | *Professional Services — 0.2%* | *Professional Services — 0.2%* | *Professional Services — 0.2%* |
| &nbsp;&nbsp;&nbsp; Concentrix Corp., Senior Notes | &nbsp;&nbsp; 6.850% | &nbsp;&nbsp; 8/2/33 | &nbsp;&nbsp; 5318000<br>| &nbsp;&nbsp;&nbsp; *4933564*<br>|
| *Trading Companies & Distributors — 1.0%* | *Trading Companies & Distributors — 1.0%* | *Trading Companies & Distributors — 1.0%* | *Trading Companies & Distributors — 1.0%* | *Trading Companies & Distributors — 1.0%* |
| &nbsp;&nbsp;&nbsp; Boise Cascade Co., Senior Notes | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 7/1/30 | &nbsp;&nbsp; 10477000<br>| &nbsp;&nbsp;&nbsp; 10308885<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Herc Holdings Inc., Senior Notes | &nbsp;&nbsp; 5.750% | &nbsp;&nbsp; 3/15/31 | &nbsp;&nbsp; 9905000<br>| &nbsp;&nbsp;&nbsp; 9764022<br> <sup>(a)</sup><br>|
| *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | *Total Trading Companies & Distributors* | &nbsp;&nbsp; *20072907* |
| **Total Industrials** | **Total Industrials** | **Total Industrials** | **Total Industrials** | &nbsp;&nbsp; **218865588** |

---

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **BrandywineGLOBAL — Corporate Credit Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount<br>| Value |
| **Information Technology — 3.8%** | **Information Technology — 3.8%** | **Information Technology — 3.8%** | **Information Technology — 3.8%** | **Information Technology — 3.8%** |
| *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* | *Communications Equipment — 0.1%* |
| &nbsp;&nbsp;&nbsp; Connect Finco SARL/Connect US Finco LLC, Senior Secured Notes | &nbsp;&nbsp; 9.000% | &nbsp;&nbsp; 9/15/29 | &nbsp;&nbsp; $1864000<br>| &nbsp;&nbsp;&nbsp; $*1960536*<br> <sup>(a)</sup><br>|
| *IT Services — 0.4%* | *IT Services — 0.4%* | *IT Services — 0.4%* | *IT Services — 0.4%* | *IT Services — 0.4%* |
| &nbsp;&nbsp;&nbsp; Sabre GLBL Inc., Senior Secured Notes | &nbsp;&nbsp; 10.750% | &nbsp;&nbsp; 11/15/29 | &nbsp;&nbsp; 9212000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *7876260*<br> <sup>(a)</sup><br>|
| *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* | *Semiconductors & Semiconductor Equipment — 0.7%* |
| &nbsp;&nbsp;&nbsp; Amkor Technology Inc., Senior Notes | &nbsp;&nbsp; 5.875% | &nbsp;&nbsp; 10/1/33 | &nbsp;&nbsp; 11715000<br>| &nbsp;&nbsp;&nbsp; 11681717<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Kioxia Holdings Corp., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 7/24/30 | &nbsp;&nbsp; 500000<br>| &nbsp;&nbsp;&nbsp; 508514<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Qorvo Inc., Senior Notes | &nbsp;&nbsp; 3.375% | &nbsp;&nbsp; 4/1/31 | &nbsp;&nbsp; 2779000<br>| &nbsp;&nbsp;&nbsp; 2515374<br> <sup>(a)</sup><br>|
| *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | *Total Semiconductors & Semiconductor Equipment* | &nbsp;&nbsp; *14705605* |
| *Software — 2.6%* | *Software — 2.6%* | *Software — 2.6%* | *Software — 2.6%* | *Software — 2.6%* |
| &nbsp;&nbsp;&nbsp; Elastic NV, Senior Notes | &nbsp;&nbsp; 4.125% | &nbsp;&nbsp; 7/15/29 | &nbsp;&nbsp; 9538000<br>| &nbsp;&nbsp;&nbsp; 8954727<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp., Senior Notes | &nbsp;&nbsp; 6.000% | &nbsp;&nbsp; 5/15/33 | &nbsp;&nbsp; 16360000<br>| &nbsp;&nbsp;&nbsp; 16062598<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Fair Isaac Corp., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 9/15/34 | &nbsp;&nbsp; 23000000<br>| &nbsp;&nbsp;&nbsp; 22640915<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; ZoomInfo Technologies LLC/ZoomInfo Finance Corp., Senior Notes | &nbsp;&nbsp; 3.875% | &nbsp;&nbsp; 2/1/29 | &nbsp;&nbsp; 7570000<br>| &nbsp;&nbsp;&nbsp; 6298888<br> <sup>(a)</sup><br>|
| *Total Software* | *Total Software* | *Total Software* | *Total Software* | &nbsp;&nbsp; *53957128* |
| **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | **Total Information Technology** | &nbsp;&nbsp; **78499529** |
| **Materials — 3.1%** | **Materials — 3.1%** | **Materials — 3.1%** | **Materials — 3.1%** | **Materials — 3.1%** |
| *Chemicals — 2.0%* | *Chemicals — 2.0%* | *Chemicals — 2.0%* | *Chemicals — 2.0%* | *Chemicals — 2.0%* |
| &nbsp;&nbsp;&nbsp; Ashland Inc., Senior Notes | &nbsp;&nbsp; 6.875% | &nbsp;&nbsp; 5/15/43 | &nbsp;&nbsp; 8530000<br>| &nbsp;&nbsp;&nbsp; 8334074<br>|
| &nbsp;&nbsp;&nbsp; Cerdia Finanz GmbH, Senior Secured Notes | &nbsp;&nbsp; 9.375% | &nbsp;&nbsp; 10/3/31 | &nbsp;&nbsp; 11885000<br>| &nbsp;&nbsp;&nbsp; 11831874<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; FMC Corp., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 5/18/53 | &nbsp;&nbsp; 1700000<br>| &nbsp;&nbsp;&nbsp; 1282998<br>|
| &nbsp;&nbsp;&nbsp; Mativ Holdings Inc., Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 10/1/29 | &nbsp;&nbsp; 20877000<br>| &nbsp;&nbsp;&nbsp; 19470550<br> <sup>(a)</sup><br>|
| *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | *Total Chemicals* | &nbsp;&nbsp; *40919496* |
| *Metals & Mining — 0.5%* | *Metals & Mining — 0.5%* | *Metals & Mining — 0.5%* | *Metals & Mining — 0.5%* | *Metals & Mining — 0.5%* |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs Inc., Senior Notes | &nbsp;&nbsp; 7.500% | &nbsp;&nbsp; 9/15/31 | &nbsp;&nbsp; 3730000<br>| &nbsp;&nbsp;&nbsp; 3723967<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; First Quantum Minerals Ltd., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 2/15/36 | &nbsp;&nbsp; 2750000<br>| &nbsp;&nbsp;&nbsp; 2647664<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Mineral Resources Ltd., Senior Notes | &nbsp;&nbsp; 8.000% | &nbsp;&nbsp; 11/1/27 | &nbsp;&nbsp; 2554000<br>| &nbsp;&nbsp;&nbsp; 2588911<br> <sup>(a)</sup><br>|
| *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | *Total Metals & Mining* | &nbsp;&nbsp; *8960542* |
| *Paper & Forest Products — 0.6%* | *Paper & Forest Products — 0.6%* | *Paper & Forest Products — 0.6%* | *Paper & Forest Products — 0.6%* | *Paper & Forest Products — 0.6%* |
| &nbsp;&nbsp;&nbsp; Magnera Corp., Senior Secured Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 11/15/31 | &nbsp;&nbsp; 13535000<br>| &nbsp;&nbsp;&nbsp;&nbsp; *12542952*<br> <sup>(a)</sup><br>|
| **Total Materials** | **Total Materials** | **Total Materials** | **Total Materials** | &nbsp;&nbsp; **62422990** |
| **Real Estate — 2.4%** | **Real Estate — 2.4%** | **Real Estate — 2.4%** | **Real Estate — 2.4%** | **Real Estate — 2.4%** |
| *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties LP/RHP Finance Corp., Senior Notes | &nbsp;&nbsp; 7.250% | &nbsp;&nbsp; 7/15/28 | &nbsp;&nbsp; 431000<br>| &nbsp;&nbsp;&nbsp; 440314<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties LP/RHP Finance Corp., Senior Notes | &nbsp;&nbsp; 4.500% | &nbsp;&nbsp; 2/15/29 | &nbsp;&nbsp; 1564000<br>| &nbsp;&nbsp;&nbsp; 1517019<br> <sup>(a)</sup><br>|
| *Total Hotel & Resort REITs* | *Total Hotel & Resort REITs* | *Total Hotel & Resort REITs* | *Total Hotel & Resort REITs* | &nbsp;&nbsp; *1957333* |
| *Real Estate Management & Development — 1.4%* | *Real Estate Management & Development — 1.4%* | *Real Estate Management & Development — 1.4%* | *Real Estate Management & Development — 1.4%* | *Real Estate Management & Development — 1.4%* |
| &nbsp;&nbsp;&nbsp; Forestar Group Inc., Senior Notes | &nbsp;&nbsp; 5.000% | &nbsp;&nbsp; 3/1/28 | &nbsp;&nbsp; 19154000<br>| &nbsp;&nbsp;&nbsp; 19014354<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Forestar Group Inc., Senior Notes | &nbsp;&nbsp; 6.500% | &nbsp;&nbsp; 3/15/33 | &nbsp;&nbsp; 8780000<br>| &nbsp;&nbsp;&nbsp; 8688030<br> <sup>(a)</sup><br>|
| *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | *Total Real Estate Management & Development* | &nbsp;&nbsp; *27702384* |
| *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* | *Specialized REITs — 0.9%* |
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.375% | &nbsp;&nbsp; 8/1/30 | &nbsp;&nbsp; 10750000<br>| &nbsp;&nbsp;&nbsp; 10753912<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Millrose Properties Inc., Senior Notes | &nbsp;&nbsp; 6.250% | &nbsp;&nbsp; 9/15/32 | &nbsp;&nbsp; 8259000<br>| &nbsp;&nbsp;&nbsp; 8118042<br> <sup>(a)</sup><br>|
| *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | *Total Specialized REITs* | &nbsp;&nbsp; *18871954* |
| **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | **Total Real Estate** | &nbsp;&nbsp; **48531671** |

---

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

 **BrandywineGLOBAL — Corporate Credit Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount<br>| Value |
| **Utilities — 0.5%** | **Utilities — 0.5%** | **Utilities — 0.5%** | **Utilities — 0.5%** | **Utilities — 0.5%** |
| *Electric Utilities — 0.5%* | *Electric Utilities — 0.5%* | *Electric Utilities — 0.5%* | *Electric Utilities — 0.5%* | *Electric Utilities — 0.5%* |
| &nbsp;&nbsp;&nbsp; Southern California Edison Co., First Mortgage Bonds | &nbsp;&nbsp; 4.000% | &nbsp;&nbsp; 4/1/47 | &nbsp;&nbsp; $7250000<br>| &nbsp;&nbsp;&nbsp; $5392757<br>|
| &nbsp;&nbsp;&nbsp; Southern California Edison Co., First Mortgage Bonds | &nbsp;&nbsp; 4.875% | &nbsp;&nbsp; 3/1/49 | &nbsp;&nbsp; 2600000<br>| &nbsp;&nbsp;&nbsp; 2175523<br>|
| &nbsp;&nbsp;&nbsp; XPLR Infrastructure Operating Partners LP, Senior Notes | &nbsp;&nbsp; 8.375% | &nbsp;&nbsp; 1/15/31 | &nbsp;&nbsp; 2960000<br>| &nbsp;&nbsp;&nbsp; 3117608<br> <sup>(a)</sup><br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **10685888** |
| **Total Corporate Bonds & Notes (Cost — $1,824,608,440)** | **Total Corporate Bonds & Notes (Cost — $1,824,608,440)** | **Total Corporate Bonds & Notes (Cost — $1,824,608,440)** | **Total Corporate Bonds & Notes (Cost — $1,824,608,440)** | &nbsp;&nbsp; **1751763094** |
| **Senior Loans — 2.5%** | **Senior Loans — 2.5%** | **Senior Loans — 2.5%** | **Senior Loans — 2.5%** | **Senior Loans — 2.5%** |
| **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** | **Communication Services — 0.1%** |
| *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* |
| &nbsp;&nbsp;&nbsp; TripAdvisor Inc., Initial Term Loan B (1 mo. Term SOFR + 2.750%)  | &nbsp;&nbsp; 6.418% | &nbsp;&nbsp; 7/8/31 | &nbsp;&nbsp; 2016614<br>| &nbsp;&nbsp;&nbsp;&nbsp; **1919141**<br> <sup>(e)(f)(g)</sup><br>|
| **Financials — 1.3%** | **Financials — 1.3%** | **Financials — 1.3%** | **Financials — 1.3%** | **Financials — 1.3%** |
| *Insurance — 1.3%* | *Insurance — 1.3%* | *Insurance — 1.3%* | *Insurance — 1.3%* | *Insurance — 1.3%* |
| &nbsp;&nbsp;&nbsp; AmWINS Group Inc., 2026 Refinancing Term Loan (1 mo. Term SOFR + <br> 2.000%) | &nbsp;&nbsp; 5.668% | &nbsp;&nbsp; 1/30/32 | &nbsp;&nbsp; 10368750<br>| &nbsp;&nbsp;&nbsp; 10311825<br> <sup>(e)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Ardonagh Group Finco Pty Ltd., 2025 Term Loan Facility B | 6.370-6.450% | &nbsp;&nbsp; 2/15/31 | &nbsp;&nbsp; 2606933<br>| &nbsp;&nbsp;&nbsp; 2549920<br> <sup>(e)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; HUB International Ltd., 2025 Incremental Term Loan (3 mo. Term SOFR <br> + 2.250%) | &nbsp;&nbsp; 5.920% | &nbsp;&nbsp; 6/20/30 | &nbsp;&nbsp; 5865475<br>| &nbsp;&nbsp;&nbsp; 5858994<br> <sup>(e)(f)(g)</sup><br>|
| &nbsp;&nbsp;&nbsp; Truist Insurance Holdings LLC, 2024 Term Loan B (3 mo. Term SOFR + <br> 2.750%) | &nbsp;&nbsp; 6.450% | &nbsp;&nbsp; 5/6/31 | &nbsp;&nbsp; 6975806<br>| &nbsp;&nbsp;&nbsp; 6895166<br> <sup>(e)(f)(g)</sup><br>|
| **Total Financials** | **Total Financials** | **Total Financials** | **Total Financials** | &nbsp;&nbsp; **25615905** |
| **Information Technology — 0.3%** | **Information Technology — 0.3%** | **Information Technology — 0.3%** | **Information Technology — 0.3%** | **Information Technology — 0.3%** |
| *Communications Equipment — 0.3%* | *Communications Equipment — 0.3%* | *Communications Equipment — 0.3%* | *Communications Equipment — 0.3%* | *Communications Equipment — 0.3%* |
| &nbsp;&nbsp;&nbsp; Connect US Finco LLC, Amendment No. 4 Term Loan (1 mo. Term SOFR <br> + 4.500%)  | &nbsp;&nbsp; 8.168% | &nbsp;&nbsp; 9/27/29 | &nbsp;&nbsp; 6985063<br>| &nbsp;&nbsp;&nbsp;&nbsp; **7010174**<br> <sup>(e)(f)(g)</sup><br>|
| **Real Estate — 0.1%** | **Real Estate — 0.1%** | **Real Estate — 0.1%** | **Real Estate — 0.1%** | **Real Estate — 0.1%** |
| *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* | *Hotel & Resort REITs — 0.1%* |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties LP, Second Incremental Term Loan B (1 mo. Term <br> SOFR + 1.750%)  | &nbsp;&nbsp; 5.418% | &nbsp;&nbsp; 5/18/30 | &nbsp;&nbsp; 2891221<br>| &nbsp;&nbsp;&nbsp;&nbsp; **2888518**<br> <sup>(e)(f)(g)</sup><br>|
| **Utilities — 0.7%** | **Utilities — 0.7%** | **Utilities — 0.7%** | **Utilities — 0.7%** | **Utilities — 0.7%** |
| *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* | *Electric Utilities — 0.1%* |
| &nbsp;&nbsp;&nbsp; NRG Energy Inc., Term Loan (3 mo. Term SOFR + 1.850%)  | &nbsp;&nbsp; 5.521% | &nbsp;&nbsp; 4/16/31 | &nbsp;&nbsp; 1843026<br>| &nbsp;&nbsp;&nbsp;&nbsp; *1848924*<br> <sup>(e)(f)(g)</sup><br>|
| *Independent Power and Renewable Electricity Producers — 0.6%* | *Independent Power and Renewable Electricity Producers — 0.6%* | *Independent Power and Renewable Electricity Producers — 0.6%* | *Independent Power and Renewable Electricity Producers — 0.6%* | *Independent Power and Renewable Electricity Producers — 0.6%* |
| &nbsp;&nbsp;&nbsp; Long Ridge Energy LLC, Term Loan B (3 mo. Term SOFR + 4.500%)  | &nbsp;&nbsp; 8.200% | &nbsp;&nbsp; 2/19/32 | &nbsp;&nbsp; 12622500<br>| &nbsp;&nbsp;&nbsp;&nbsp; *12535720*<br> <sup>(e)(f)(g)</sup><br>|
| **Total Utilities** | **Total Utilities** | **Total Utilities** | **Total Utilities** | &nbsp;&nbsp; **14384644** |
| **Total Senior Loans (Cost — $51,847,927)** | **Total Senior Loans (Cost — $51,847,927)** | **Total Senior Loans (Cost — $51,847,927)** | **Total Senior Loans (Cost — $51,847,927)** | &nbsp;&nbsp; **51818382** |
| **Convertible Bonds & Notes — 0.8%** | **Convertible Bonds & Notes — 0.8%** | **Convertible Bonds & Notes — 0.8%** | **Convertible Bonds & Notes — 0.8%** | **Convertible Bonds & Notes — 0.8%** |
| **Communication Services — 0.6%** | **Communication Services — 0.6%** | **Communication Services — 0.6%** | **Communication Services — 0.6%** | **Communication Services — 0.6%** |
| *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* | *Interactive Media & Services — 0.1%* |
| &nbsp;&nbsp;&nbsp; Snap Inc., Senior Notes | &nbsp;&nbsp; 0.500% | &nbsp;&nbsp; 5/1/30 | &nbsp;&nbsp; 4000000<br>| &nbsp;&nbsp;&nbsp; *3223000*<br>|
| *Media — 0.5%* | *Media — 0.5%* | *Media — 0.5%* | *Media — 0.5%* | *Media — 0.5%* |
| &nbsp;&nbsp;&nbsp; Cable One Inc., Senior Notes | &nbsp;&nbsp; 1.125% | &nbsp;&nbsp; 3/15/28 | &nbsp;&nbsp; 12646000<br>| &nbsp;&nbsp;&nbsp; *9541407*<br>|
| **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | **Total Communication Services** | &nbsp;&nbsp; **12764407** |
| **Consumer Discretionary — 0.1%** | **Consumer Discretionary — 0.1%** | **Consumer Discretionary — 0.1%** | **Consumer Discretionary — 0.1%** | **Consumer Discretionary — 0.1%** |
| *Automobiles — 0.1%* | *Automobiles — 0.1%* | *Automobiles — 0.1%* | *Automobiles — 0.1%* | *Automobiles — 0.1%* |
| &nbsp;&nbsp;&nbsp; Winnebago Industries Inc., Senior Notes | &nbsp;&nbsp; 3.250% | &nbsp;&nbsp; 1/15/30 | &nbsp;&nbsp; 1375000<br>| &nbsp;&nbsp;&nbsp; **1247125**<br>|

---

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

Schedule of Investments (unaudited) (cont'd)

March 31, 2026

 **BrandywineGLOBAL — Corporate Credit Fund**

(Percentages shown based on Fund net assets)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Security | Rate | Maturity<br> Date<br>| Face<br> Amount<br>| Value |
| **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** | **Information Technology — 0.1%** |
| *IT Services — 0.1%* | *IT Services — 0.1%* | *IT Services — 0.1%* | *IT Services — 0.1%* | *IT Services — 0.1%* |
| &nbsp;&nbsp;&nbsp; Block Inc., Senior Notes | &nbsp;&nbsp; 0.250% | &nbsp;&nbsp; 11/1/27 | &nbsp;&nbsp; $2000000<br>| &nbsp;&nbsp;&nbsp; **$1874000**<br>|
| **Total Convertible Bonds & Notes (Cost — $17,430,336)** | **Total Convertible Bonds & Notes (Cost — $17,430,336)** | **Total Convertible Bonds & Notes (Cost — $17,430,336)** | **Total Convertible Bonds & Notes (Cost — $17,430,336)** | &nbsp;&nbsp; **15885532** |
| **Asset-Backed Securities — 0.6%** | **Asset-Backed Securities — 0.6%** | **Asset-Backed Securities — 0.6%** | **Asset-Backed Securities — 0.6%** | **Asset-Backed Securities — 0.6%** |
| &nbsp;&nbsp;&nbsp; ALESCO Preferred Funding Ltd., 6A PPNE | &nbsp;&nbsp; — | &nbsp;&nbsp; 3/23/35 | &nbsp;&nbsp; 336608<br>| &nbsp;&nbsp;&nbsp; 149,454<br> \*<sup>(a)(h)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; ALESCO Preferred Funding Ltd., PNN | &nbsp;&nbsp; — | &nbsp;&nbsp; 3/23/35 | &nbsp;&nbsp; 621631<br>| &nbsp;&nbsp;&nbsp; 289,553<br> \*<sup>(h)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cogent Ipv4 LLC, 2025-1A A2 | &nbsp;&nbsp; 6.646% | &nbsp;&nbsp; 4/25/55 | &nbsp;&nbsp; 3750000<br>| &nbsp;&nbsp;&nbsp; 3842837<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Cogent LLC, 2024-1A A2 | &nbsp;&nbsp; 7.924% | &nbsp;&nbsp; 5/25/54 | &nbsp;&nbsp; 5800000<br>| &nbsp;&nbsp;&nbsp; 5997006<br> <sup>(a)</sup><br>|
| &nbsp;&nbsp;&nbsp; Fort Sheridan CDO Ltd., 2005-1A, PPN2 | &nbsp;&nbsp; — | &nbsp;&nbsp; 11/5/41 | &nbsp;&nbsp; 611948<br>| &nbsp;&nbsp;&nbsp; 328,351<br> \*<sup>(a)(h)(i)</sup><br>|
| &nbsp;&nbsp;&nbsp; Taberna Preferred Funding Ltd., 2005-1A, PPN2 | &nbsp;&nbsp; — | &nbsp;&nbsp; 7/5/35 | &nbsp;&nbsp; 1175564<br>| &nbsp;&nbsp;&nbsp; 546,890<br> \*<sup>(a)(h)(i)</sup><br>|
| **Total Asset-Backed Securities (Cost — $12,128,802)** | **Total Asset-Backed Securities (Cost — $12,128,802)** | **Total Asset-Backed Securities (Cost — $12,128,802)** | **Total Asset-Backed Securities (Cost — $12,128,802)** | &nbsp;&nbsp; **11154091** |
|  |  |  | Shares |  |
| **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** | **Common Stocks — 0.0%††** |
| **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** | **Communication Services — 0.0%††** |
| *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* | *Diversified Telecommunication Services — 0.0%††* |
| &nbsp;&nbsp;&nbsp; Altice France Luxco (Cost — $0) | &nbsp;&nbsp;&nbsp; Altice France Luxco (Cost — $0) |  | &nbsp;&nbsp; 16072 | &nbsp;&nbsp;&nbsp; **273,543**<br> \*<br>|
| **Total Investments before Short-Term Investments (Cost — $1,906,015,505)** | **Total Investments before Short-Term Investments (Cost — $1,906,015,505)** | **Total Investments before Short-Term Investments (Cost — $1,906,015,505)** | **Total Investments before Short-Term Investments (Cost — $1,906,015,505)** | &nbsp;&nbsp; **1830894642** |
|  | Rate |  |  |  |
| **Short-Term Investments — 9.2%** | **Short-Term Investments — 9.2%** | **Short-Term Investments — 9.2%** | **Short-Term Investments — 9.2%** | **Short-Term Investments — 9.2%** |
| &nbsp;&nbsp;&nbsp; Western Asset Premier Institutional U.S. Treasury Reserves, Premium <br> Shares (Cost — $188,149,590)  | &nbsp;&nbsp; 3.578% |  | &nbsp;&nbsp; 188149590<br>| &nbsp;&nbsp;&nbsp;&nbsp; **188149590**<br> <sup>(j)(k)</sup><br>|
| **Total Investments — 99.0% (Cost — $2,094,165,095)** | **Total Investments — 99.0% (Cost — $2,094,165,095)** | **Total Investments — 99.0% (Cost — $2,094,165,095)** | **Total Investments — 99.0% (Cost — $2,094,165,095)** | &nbsp;&nbsp; **2019044232** |
| &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.0% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.0% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.0% | &nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities — 1.0% | &nbsp;&nbsp;&nbsp; 19659939 |
| **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | **Total Net Assets — 100.0%** | &nbsp;&nbsp; **$2038704171** |

---

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

---

| | |
|:---|:---|
| †† | Represents less than 0.1%. |
| \* | Non-income producing security. |
| <sup>(a)</sup> | Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from <br> registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board of Trustees.<br>|
| <sup>(b)</sup> | Payment-in-kind security for which the issuer has the option at each interest payment date of making interest payments in cash or additional securities.  |
| <sup>(c)</sup> | The coupon payment on this security is currently in default as of March 31, 2026. |
| <sup>(d)</sup> | Security has no maturity date. The date shown represents the next call date. |
| <sup>(e)</sup> | Variable rate security. Interest rate disclosed is as of the most recent information available. Certain variable rate securities are not based on a published <br> reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a <br> reference rate and spread in their description above.<br>|
| <sup>(f)</sup> | Interest rates disclosed represent the effective rates on senior loans. Ranges in interest rates are attributable to multiple contracts under the same loan. |
| <sup>(g)</sup> | Senior loans may be considered restricted in that the Fund ordinarily is contractually obligated to receive approval from the agent bank and/or borrower <br> prior to the disposition of a senior loan. <br>|
| <sup>(h)</sup> | Security is fair valued in accordance with procedures approved by the Board of Trustees (Note 1). |
| <sup>(i)</sup> | Security is valued using significant unobservable inputs (Note 1). |
| <sup>(j)</sup> | Rate shown is one-day yield as of the end of the reporting period.  |
| <sup>(k)</sup> | In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company" represents Fund ownership of at least 5% of the outstanding <br> voting securities of an issuer, or a company which is under common ownership or control with the Fund. At March 31, 2026, the total market value of <br> investments in Affiliated Companies was $188,149,590 and the cost was $188,149,590 (Note 2).<br>|

---

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

See Notes to Schedule of Investments.

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BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

 **BrandywineGLOBAL — Corporate Credit Fund**

---

| | | |
|:---|:---|:---|
| **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** | **Abbreviation(s) used in this schedule:** |
| CDO |  | Collateralized Debt Obligation |
| DAC |  | Designated Activity Company |
| PIK |  | Payment-In-Kind |
| SOFR |  | Secured Overnight Financing Rate |

---

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

See Notes to Schedule of Investments.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

Notes to Schedule of Investments (unaudited)

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

**1. Organization and significant accounting policies** 

BrandywineGLOBAL — Corporate Credit Fund (the "Fund") is a separate diversified investment series of Legg Mason Partners Investment Trust (the "Trust"). The Trust, a Maryland statutory trust, is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company.

The Fund follows the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services – Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund's Board of Trustees (the "Board").

Pursuant to policies adopted by the Board, the Fund's manager has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Fund's manager is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Fund's pricing policies, and reporting to the Fund's manager and the Board. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

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GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

• Level 1 — unadjusted quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets carried at fair value: <br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| Description | &nbsp;&nbsp; Quoted Prices <br>(Level 1)<br>| &nbsp;&nbsp; Other Significant <br>Observable Inputs <br>(Level 2)<br>| &nbsp;&nbsp; Significant <br>Unobservable <br>Inputs <br>(Level 3)<br>| Total |
| Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Corporate Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; $1751763094 | &nbsp;&nbsp; — | &nbsp;&nbsp; $1751763094 |
| &nbsp;&nbsp;&nbsp; Senior Loans | &nbsp;&nbsp; — | &nbsp;&nbsp; 51818382 | &nbsp;&nbsp; — | &nbsp;&nbsp; 51818382 |
| &nbsp;&nbsp;&nbsp; Convertible Bonds & Notes | &nbsp;&nbsp; — | &nbsp;&nbsp; 15885532 | &nbsp;&nbsp; — | &nbsp;&nbsp; 15885532 |
| &nbsp;&nbsp;&nbsp; Asset-Backed Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 9839843 | &nbsp;&nbsp; $1314248 | &nbsp;&nbsp; 11154091 |
| &nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 273543 | &nbsp;&nbsp; — | &nbsp;&nbsp; 273543 |
| Total Long-Term Investments | &nbsp;&nbsp; — | &nbsp;&nbsp; 1829580394 | &nbsp;&nbsp; 1314248 | &nbsp;&nbsp; 1830894642 |
| Short-Term Investments† | &nbsp;&nbsp; $188149590 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 188149590 |
| **Total Investments** | &nbsp;&nbsp; **$188149590** | &nbsp;&nbsp; **$1829580394** | &nbsp;&nbsp; **$1314248** | &nbsp;&nbsp; **$2019044232** |

---

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

† See Schedule of Investments for additional detailed categorizations.

**2. Transactions with affiliated company**

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended March 31, 2026. The following transactions were effected in such company for the period ended March 31, 2026. <br>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>December 31, <br>2025 | Purchased | Purchased | Sold | Sold |
|  | Affiliate <br>Value at <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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>December 31, <br>2025 | Cost | Shares | Proceeds | Shares |
| Western Asset Premier <br> Institutional U.S. <br> Treasury Reserves, <br> Premium Shares<br>| $222017736 | $239586308 | 239586308 | $273454454 | 273454454 |

---

&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>

---

| | | | | |
|:---|:---|:---|:---|:---|
| (cont'd) | Realized <br>Gain (Loss)<br>| Dividend <br>Income<br>| Net Increase <br>(Decrease) in <br>Unrealized <br>Appreciation <br>(Depreciation)<br>| Affiliate <br>Value at <br>March 31, <br>2026<br>|
| Western Asset Premier <br> Institutional U.S. Treasury <br> Reserves, Premium Shares<br>|  | $1730182 |  | $188149590 |

---

------

BrandywineGLOBAL — Corporate Credit Fund 2026 Quarterly Report

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Legg Mason Partners Investment Trust

- **b. Investment Company Act file number:** 811-06444

- **c. CIK number of Registrant:** 0000880366

- **d. LEI of Registrant:** 5493006N9MF7V29DK342

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

  - **Street Address 1:** One Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 1-877-721-1926

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

- **a. Name of Series:** BrandywineGLOBAL - CORPORATE CREDIT FUND

- **b. EDGAR series identifier (if any):** S000071893

- **c. LEI of Series:** 549300XXQVNR5TKP0B38

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

- **a. Date of fiscal year-end:** 2026-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2047290833.91

**Total Liabilities:** $12033866.02

**Net Assets:** $2035256967.89

**Cash Not Reported:** $7846237.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 195.16695039 | **1-Year:** 14326.73042273 | **5-Year:** 45642.53873639 | **10-Year:** 36467.81855701 | **30-Year:** 26118.01644622

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

- **3-Month:** 7269.52516060 | **1-Year:** 155617.80048812 | **5-Year:** 264481.11827251 | **10-Year:** 17905.23019278 | **30-Year:** 6.58421494

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227488 | 0.03%                | -0.32%               | -0.65%               |
| Class ID C000227489 | -0.05%               | -0.39%               | -0.72%               |
| Class ID C000227491 | 0.01%                | -0.33%               | -0.66%               |
| Class ID C000227490 | 0.04%                | -0.31%               | -0.64%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-451613.08              | $-9877123.14                               |
| Month 2  | $-5179984.68             | $-10807636.31                              |
| Month 3  | $-3036042.90             | $-22378089.81                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fair Isaac Corporation                                                               | FAIRIC 6.25 09/15/34 144A                                                                | CUSIP: 303250AJ3<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |  23000000 | PA      | $22640914.80  | 1.11%             | 2034-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LIBERTY INTERACTIVE LLC                                                              | LINTA 8.5 07/15/29                                                                       | CUSIP: 530715AD3<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |  11338000 | PA      | $457327.30    | 0.02%             | 2029-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| HOWDEN UK REFINANCE PLC                                                              | HWDGRP 7.25 02/15/31 144A                                                                | CUSIP: 44287GAA4<br>LEI: 87550008DPN8BDG67910 | Long             | DBT              | CORP              | GB        |  29876000 | PA      | $30150739.70  | 1.48%             | 2031-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AmWINS Group Inc                                                                     | AmWINS Group Term Loan B 200 2032-01-01                                                  | CUSIP: 03234TBB3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |  10395000 | PA      | $10337931.45  | 0.51%             | 2032-01-30      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| Boise Cascade Co                                                                     | BCC 4.875 07/01/30 144A                                                                  | CUSIP: 09739DAD2<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | DBT              | CORP              | US        |  10477000 | PA      | $10308885.01  | 0.51%             | 2030-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PROVIDENT FUNDING ASSOCIATES LP / PFG FINANCE CORP                                   | PROFUN 9.75 09/15/29 144A                                                                | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  22275000 | PA      | $22889502.43  | 1.12%             | 2029-09-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                                                    | PNC V3.4 PERP T                                                                          | CUSIP: 693475BC8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |  10144000 | PA      | $9992275.08   | 0.49%             | N/A             | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| XPLR Infrastructure Operating Partners LP                                            | XIFR 8.375 01/15/31 144A                                                                 | CUSIP: 98380MAA3<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |   2960000 | PA      | $3117608.16   | 0.15%             | 2031-01-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| PROG Holdings Inc.                                                                   | PRG 6 11/15/29 144A                                                                      | CUSIP: 74319RAA9<br>LEI: 549300DHYTLBOVRXIG52 | Long             | DBT              | CORP              | US        |  35628000 | PA      | $33875458.68  | 1.66%             | 2029-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Cerdia Finanz Gmbh                                                                   | PLATIN 9.375 10/03/31 144A                                                               | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |  13885000 | PA      | $13822934.05  | 0.68%             | 2031-10-03      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                                          | MTCHII 4.125 08/01/30 144A                                                               | CUSIP: 57665RAL0<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |  12826000 | PA      | $11897863.95  | 0.58%             | 2030-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LIBERTY INTERACTIVE LLC                                                              | LINTA 8.25 02/01/30                                                                      | CUSIP: 530715AJ0<br>LEI: 549300SZUIU7Z32Q0664 | Long             | DBT              | CORP              | US        |   2916000 | PA      | $115796.93    | 0.01%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                                            | XYZ 6 08/15/33 144A                                                                      | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   6534000 | PA      | $6432811.34   | 0.32%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALESCO PREFERRED FUNDING LTD                                                         | ALESCO PFD VAR 03/23/35                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    621631 | PA      | $289552.65    | 0.01%             | 2035-03-23      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| JPMorgan Chase & Co.                                                                 | JPM V3.65 PERP KK                                                                        | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |  13728000 | PA      | $13672921.89  | 0.67%             | N/A             | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Match Group Holdings II LLC                                                          | MTCHII 5 12/15/27 144A                                                                   | CUSIP: 57665RAG1<br>LEI: 5493003RFFE030RC9167 | Long             | DBT              | CORP              | US        |   2593000 | PA      | $2583872.90   | 0.13%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd                                                                | Hub International Term Loan B 250 2030-06-01                                             | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |   5865475 | PA      | $5858993.60   | 0.29%             | 2030-06-20      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings LLC                                                       | JEFCAP 9.5 02/15/29 144A                                                                 | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  26452000 | PA      | $27773779.99  | 1.36%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Infinity Natural Resources LLC                                                       | INFNAR 7.625 04/01/31 144A                                                               | CUSIP: 45690BAA3<br>LEI: 54930021094IFVB5ND43 | Long             | DBT              | CORP              | US        |   2415000 | PA      | $2429260.58   | 0.12%             | 2031-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Advanced Drainage System Inc                                                         | WMS 5.375 03/01/34 144A                                                                  | CUSIP: 00790RAC8<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | DBT              | CORP              | US        |   3350000 | PA      | $3268329.68   | 0.16%             | 2034-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings LLC                                                       | JEFCAP 8.25 05/15/30 144A                                                                | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6550000 | PA      | $6833248.20   | 0.34%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Topbuild Corporation                                                                 | BLD 5.625 01/31/34 144A                                                                  | CUSIP: 89055FAD5<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |  14033000 | PA      | $13749767.75  | 0.68%             | 2034-01-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Burford Capital Global Finance LLC                                                   | BURLN 6.875 04/15/30 144A                                                                | CUSIP: 12116LAC3<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |  20304000 | PA      | $17945385.84  | 0.88%             | 2030-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| American Express Company                                                             | AXP V3.55 PERP                                                                           | CUSIP: 025816CH0<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3038000 | PA      | $3005497.11   | 0.15%             | N/A             | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| Acushnet Co                                                                          | GOLF 5.625 12/01/33 144A                                                                 | CUSIP: 005095AB0<br>LEI: 549300H805O14KEFES79 | Long             | DBT              | CORP              | US        |   8516000 | PA      | $8471392.34   | 0.42%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Amwins Group Inc                                                                     | AMWINS 6.375 02/15/29 144A                                                               | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   2451000 | PA      | $2466725.62   | 0.12%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Vail Resorts, Inc.                                                                   | MTN 5.625 07/15/30 144A                                                                  | CUSIP: 91879QAQ2<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |   5737000 | PA      | $5692179.69   | 0.28%             | 2030-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corporation                                                               | FAIRIC 6 05/15/33 144A                                                                   | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |  16360000 | PA      | $16062598.10  | 0.79%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Charles River Laboratories International, Inc.                                       | CRL 4.25 05/01/28 144A                                                                   | CUSIP: 159864AE7<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |    125000 | PA      | $122264.06    | 0.01%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Carpenter Technology Corporation                                                     | CRS 5.625 03/01/34 144A                                                                  | CUSIP: 144285AN3<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | DBT              | CORP              | US        |  18802000 | PA      | $18652316.53  | 0.92%             | 2034-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANCE CORP                                                               | CACC 9.25 12/15/28                                                                       | CUSIP: 225310AQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  29548000 | PA      | $30654099.83  | 1.51%             | 2028-12-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Concentrix Corp.                                                                     | CNXC 6.85 08/02/33                                                                       | CUSIP: 20602DAC5<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |   5318000 | PA      | $4933564.33   | 0.24%             | 2033-08-02      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| Encore Capital Group Inc.                                                            | ECPG 9.25 04/01/29 144A                                                                  | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |  23268000 | PA      | $24373230.00  | 1.20%             | 2029-04-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                                                            | GS V3.8 PERP T                                                                           | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   3909000 | PA      | $3902797.59   | 0.19%             | N/A             | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Snap Inc                                                                             | SNAP 6.875 03/15/34 144A                                                                 | CUSIP: 83304AAM8<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |  15242000 | PA      | $14348571.88  | 0.71%             | 2034-03-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Teine Energy Ltd                                                                     | TEINEN 6.875 04/15/29 144A                                                               | CUSIP: 879068AB0<br>LEI: 894500JBC83AX7PYEU16 | Long             | DBT              | CORP              | CA        |  19233000 | PA      | $19239666.16  | 0.95%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                              | MRP 6.25 09/15/32 144A                                                                   | CUSIP: 601137AB8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8259000 | PA      | $8118042.00   | 0.40%             | 2032-09-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                           | OXY 6.2 03/15/40                                                                         | CUSIP: 674599DJ1<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   6100000 | PA      | $6234559.90   | 0.31%             | 2040-03-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| Embecta Corp.                                                                        | EMBC 6.75 02/15/30 144A                                                                  | CUSIP: 29082KAB1<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | DBT              | CORP              | US        |   2263000 | PA      | $2127208.73   | 0.10%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Phinia Inc.                                                                          | PHIN 6.625 10/15/32 144A                                                                 | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |    454000 | PA      | $462419.88    | 0.02%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TGNR INTERMEDIATE HOLDINGS LLC                                                       | RCKENE 5.5 10/15/29 144A                                                                 | CUSIP: 77289KAA3<br>LEI: 5493007AZNVKZ5HEMT23 | Long             | DBT              | CORP              | US        |   2726000 | PA      | $2667437.61   | 0.13%             | 2029-10-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegiant Travel Company                                                             | ALGT 7.25 08/15/27 144A                                                                  | CUSIP: 01748XAD4<br>LEI: 549300JM9OZXOHWL2K18 | Long             | DBT              | CORP              | US        |  25103000 | PA      | $25148361.12  | 1.24%             | 2027-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| United Wholesale Mortgage LLC                                                        | UWMLLC 5.75 06/15/27 144A                                                                | CUSIP: 913229AC4<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |   5155000 | PA      | $5078500.83   | 0.25%             | 2027-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Company                                                   | EIX 4.875 03/01/49 B                                                                     | CUSIP: 842400GR8<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2175523.17   | 0.11%             | 2049-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                         | UBS V4.875 PERP 144A                                                                     | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   4535000 | PA      | $4493182.31   | 0.22%             | N/A             | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                                   | RYASPE 4.375 02/01/30 144A                                                               | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   3163000 | PA      | $3068176.11   | 0.15%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Truist Insurance Holdings, LLC                                                       | Truist Insurance Holdings Term Loan B 275 2031-05-01                                     | CUSIP: 89788VAG7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6975806 | PA      | $6895166.13   | 0.34%             | 2031-05-06      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| CI Financial Corp                                                                    | CIXCN 7.5 05/30/29 144A                                                                  | CUSIP: 125491AT7<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |  10100000 | PA      | $10604287.95  | 0.52%             | 2029-05-30      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cogent IPV4 LLC                                                                      | CGNT 2025-1A A2                                                                          | CUSIP: 19240JAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3750000 | PA      | $3842837.25   | 0.19%             | 2055-04-25      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| FMC Corp.                                                                            | FMC 6.375 05/18/53                                                                       | CUSIP: 302491AY1<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1282998.08   | 0.06%             | 2053-05-18      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Qorvo Inc                                                                            | QRVO 3.375 04/01/31 144A                                                                 | CUSIP: 74736KAJ0<br>LEI: 254900YAUJV2EUEVBR11 | Long             | DBT              | CORP              | US        |   2779000 | PA      | $2515374.08   | 0.12%             | 2031-04-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Amkor Technology, Inc.                                                               | AMKR 5.875 10/01/33 144A                                                                 | CUSIP: 031652BL3<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |  11715000 | PA      | $11681716.51  | 0.57%             | 2033-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP                                                              | Ryman Hospitality Term Loan B 200 2030-05-01                                             | CUSIP: 74958NAL0<br>LEI: 529900GCCWW9SRMPJR11 | Long             | LON              | CORP              | US        |   2891221 | PA      | $2888517.94   | 0.14%             | 2030-05-18      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| Connect Finco SARL/Connect US Finco LLC                                              | ISATLN 9 09/15/29 144A                                                                   | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | LU        |   1864000 | PA      | $1960536.56   | 0.10%             | 2029-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Winnebago Industries Inc.                                                            | WGO 6.25 07/15/28 144A                                                                   | CUSIP: 974637AC4<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |   5690000 | PA      | $5695268.94   | 0.28%             | 2028-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Ashland Inc.                                                                         | ASH 6.875 05/15/43                                                                       | CUSIP: 044209AM6<br>LEI: 529900E4L9R04SB8HB11 | Long             | DBT              | CORP              | US        |   8530000 | PA      | $8334074.43   | 0.41%             | 2043-05-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Live Nation Entertainment, Inc.                                                      | LYV 6.5 05/15/27 144A                                                                    | CUSIP: 538034AV1<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |  15327000 | PA      | $15356151.95  | 0.75%             | 2027-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Enova International Inc.                                                             | ENVA 11.25 12/15/28 144A                                                                 | CUSIP: 29357KAH6<br>LEI: 549300O8XOCQSB49UO63 | Long             | DBT              | CORP              | US        |  25205000 | PA      | $26682441.49  | 1.31%             | 2028-12-15      | Fixed         | 11.25%                | No            |                  2 | On Loan: No      |
| Allwyn Entertainment Financing (UK) PLC                                              | SAZKAG 7.875 04/30/29 144A                                                               | CUSIP: 02007VAA8<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |  23792000 | PA      | $24339982.10  | 1.20%             | 2029-04-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                        | SM 6.5 07/15/28                                                                          | CUSIP: 78454LAW0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   6160000 | PA      | $6179126.80   | 0.30%             | 2028-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Taberna Preferred Funding I Ltd.                                                     | TBRNA 2005-1A PPN2                                                                       | CUSIP: 87330LAG6<br>LEI: 549300UVUFF52P87TF20 | Long             | ABS-CBDO         | CORP              | KY        |   1175564 | PA      | $546889.77    | 0.03%             | 2035-07-05      | Variable      | 0.01%                 | No            |                  3 | On Loan: No      |
| AIR CANADA PASS THROUGH TRUST SERIES 2017-1                                          | ACACN 3.3 01/15/30 144A                                                                  | CUSIP: 00908PAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | CA        |   4375448 | PA      | $4190984.75   | 0.21%             | 2030-01-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| CI Financial Corp                                                                    | CIXCN 3.2 12/17/30                                                                       | CUSIP: 125491AN0<br>LEI: 549300M9W7JJQSVCEM78 | Long             | DBT              | CORP              | CA        |  10328000 | PA      | $9196163.78   | 0.45%             | 2030-12-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Forestar Group Inc.                                                                  | FOR 6.5 03/15/33 144A                                                                    | CUSIP: 346232AG6<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |   8780000 | PA      | $8688030.38   | 0.43%             | 2033-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                                            | XYZ 5.625 08/15/30 144A                                                                  | CUSIP: 852234AT0<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   8545000 | PA      | $8502609.11   | 0.42%             | 2030-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                                                           | OXY 4.4 08/15/49                                                                         | CUSIP: 674599CY9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1270000 | PA      | $934021.50    | 0.05%             | 2049-08-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                                             | WCC 7.25 06/15/28 144A                                                                   | CUSIP: 95081QAP9<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |  14793000 | PA      | $14883955.35  | 0.73%             | 2028-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Utah Acquisition Sub Inc                                                             | VTRS 5.25 06/15/46                                                                       | CUSIP: 62854AAP9<br>LEI: 254900JOFV74IJ7H9933 | Long             | DBT              | CORP              | US        |   3462000 | PA      | $2784288.64   | 0.14%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Synergy Infrastructure Holdings LLC                                                  | SYNRGY 7.875 12/01/30 144a                                                               | CUSIP: 87191JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9522000 | PA      | $9729798.61   | 0.48%             | 2030-12-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TripAdvisor Inc                                                                      | Tripadvisor Inc Term Loan B 275 2031-06-19                                               | CUSIP: 89677NAE4<br>LEI: 549300XVG45PT5BART17 | Long             | LON              | CORP              | US        |   2016614 | PA      | $1919140.75   | 0.09%             | 2031-07-08      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| Kodiak Gas Services LLC                                                              | KGS 5.875 04/01/31 144A                                                                  | CUSIP: 50012LAF1<br>LEI: 549300ZQBRWEUOVOM131 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3268110.17   | 0.16%             | 2031-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                    | BK V7.166 PERP H                                                                         | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |   1863000 | PA      | $1877546.30   | 0.09%             | N/A             | Floating      | 7.14%                 | No            |                  2 | On Loan: No      |
| Roblox Corporation                                                                   | RBLX 3.875 05/01/30 144A                                                                 | CUSIP: 771049AA1<br>LEI: 529900ANZDBDFU91SO19 | Long             | DBT              | CORP              | US        |   6675000 | PA      | $6276788.19   | 0.31%             | 2030-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AMERITEX HOLDCO INTERMEDIATE LLC                                                     | AMEPIP 7.625 08/15/33 144A                                                               | CUSIP: 030727AB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9714000 | PA      | $10035795.68  | 0.49%             | 2033-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Dream Finders Homes Inc                                                              | DFH 6.875 09/15/30 144A                                                                  | CUSIP: 26154DAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8350000 | PA      | $7998422.42   | 0.39%             | 2030-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Alesco Preferred Funding Ltd                                                         | ALESCO Preferred Funding VI Ltd                                                          | CUSIP: 01448UAC5<br>LEI: 549300SWFQZMAZ6TV378 | Long             | ABS-CBDO         | CORP              | KY        |    336608 | PA      | $149454.03    | 0.01%             | 2035-03-23      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| First Quantum Minerals Ltd.                                                          | FMCN 6.375 02/15/36 144A                                                                 | CUSIP: 335934AY1<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   2750000 | PA      | $2647663.70   | 0.13%             | 2036-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Phinia Inc.                                                                          | PHIN 6.75 04/15/29 144A                                                                  | CUSIP: 71880KAA9<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |   3236000 | PA      | $3298464.51   | 0.16%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Grubhub Holdings Inc                                                                 | GRUB 13 07/31/30 144A                                                                    | CUSIP: 40010PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24754660 | PA      | $19589684.36  | 0.96%             | 2030-07-31      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| Viking Cruises, Ltd.                                                                 | VIKCRU 9.125 07/15/31 144A                                                               | CUSIP: 92676XAG2<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |  16303000 | PA      | $17207490.44  | 0.85%             | 2031-07-15      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                    | RHP 4.5 02/15/29 144A                                                                    | CUSIP: 749571AG0<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |   1564000 | PA      | $1517019.07   | 0.07%             | 2029-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Velocity Commercial Capital LLC                                                      | VEL 9.375 02/15/31 144A                                                                  | CUSIP: 92259RAE5<br>LEI: 549300TA4MQM8WN2XG31 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1550809.72   | 0.08%             | 2031-02-15      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Connect US Finco LLC                                                                 | CONNECT FINCO SARL                                                                       | CUSIP: 000000000<br>LEI: 9845009357089S8JD619 | Long             | LON              | CORP              | US        |   6985063 | PA      | $7010174.59   | 0.34%             | 2029-09-27      | Floating      | 8.17%                 | No            |                  2 | On Loan: No      |
| Ardonagh Group Finco Pty Ltd                                                         | Ardonagh Group (previously KIRS Group, Towergate Partnership) Term Loan B 375 2031-02-01 | CUSIP: 000000000<br>LEI: 254900YP2E642AGM4G32 | Long             | LON              | CORP              | US        |   2606933 | PA      | $2549919.61   | 0.13%             | 2031-02-15      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance Inc. | BWIN 7.125 05/15/31 144A                                                                 | CUSIP: 05825XAA7<br>LEI: 5493004GCDREAQPPYG20 | Long             | DBT              | CORP              | US        |  13067000 | PA      | $13141735.79  | 0.65%             | 2031-05-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| AFFINITY INTERACTIVE CORP                                                            | AFFGAM 6.875 12/15/27 144A                                                               | CUSIP: 00842XAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  31352000 | PA      | $18984066.15  | 0.93%             | 2027-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Saturn Oil & Gas Inc                                                                 | SOILCN 9.625 06/15/29 144A                                                               | CUSIP: 80412LAA5<br>LEI: 549300G6BWJ7K6PIIY73 | Long             | DBT              | CORP              | CA        |  28456000 | PA      | $29804046.09  | 1.46%             | 2029-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Installed Building Products Inc                                                      | IBP 5.625 02/01/34 144A                                                                  | CUSIP: 45780RAB7<br>LEI: 549300I95Y9P9YM5FI86 | Long             | DBT              | CORP              | US        |  18055000 | PA      | $17663134.28  | 0.87%             | 2034-02-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Saks Global Enterprises LLC                                                          | SAGLEN 11 12/15/29 144*                                                                  | CUSIP: 79380MAC9<br>LEI: 5493007HQSJGRH78Q684 | Long             | DBT              | CORP              | US        |    481750 | PA      | $1806.56      | 0.00%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Fort Sheridan ABS CDO Ltd                                                            | Fort Sheridan ABS CDO Ltd                                                                | CUSIP: 348663AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | KY        |    611948 | PA      | $328350.85    | 0.02%             | 2041-11-05      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Enpro Inc                                                                            | NPO 6.125 06/01/33 144A                                                                  | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |   6899000 | PA      | $6995351.43   | 0.34%             | 2033-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Travel Plus Leisure Co                                                               | TNL 6.625 07/31/26 144A                                                                  | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |  29617000 | PA      | $29659589.25  | 1.46%             | 2026-07-31      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                                                      | SABHLD 10.75 11/15/29 144A                                                               | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   9212000 | PA      | $7876260.00   | 0.39%             | 2029-11-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                      | TDG 6.75 08/15/28 144A                                                                   | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  22582000 | PA      | $22884372.98  | 1.12%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ESAB Corp.                                                                           | ESAB 5.625 04/01/31 144A                                                                 | CUSIP: 29605JAB2<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |   1230000 | PA      | $1241697.30   | 0.06%             | 2031-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp                   | MGY 6.875 12/01/32 144A                                                                  | CUSIP: 559665AB0<br>LEI: 984500CG376B0B99F016 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $1776261.83   | 0.09%             | 2032-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Citadel Finance LLC                                                                  | CITADL 5.9 02/10/30 144A                                                                 | CUSIP: 17287HAD2<br>LEI: 549300BQL283NCR7P163 | Long             | DBT              | CORP              | US        |  10641000 | PA      | $10697754.41  | 0.53%             | 2030-02-10      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                        | SM 6.625 04/15/34 144A                                                                   | CUSIP: 78454LAZ3<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2744430.21   | 0.13%             | 2034-04-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Elastic NV                                                                           | ESTC 4.125 07/15/29 144A                                                                 | CUSIP: 28415LAA1<br>LEI: 2549003I48WHHH937I59 | Long             | DBT              | CORP              | NL        |   9538000 | PA      | $8954726.50   | 0.44%             | 2029-07-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| BKV Upstream Midstream LLC                                                           | BKVCOR 7.5 10/15/30 144A                                                                 | CUSIP: 05619CAA3<br>LEI: 254900LG75NBYHBBAU18 | Long             | DBT              | CORP              | US        |  13730000 | PA      | $13887043.74  | 0.68%             | 2030-10-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| British Airways Pass Through Certificates 2019-1Aa                                   | IAGLN 3.3 12/15/32 144A                                                                  | CUSIP: 11043XAA1<br>LEI: 635400CJYI1FFBTMGH98 | Long             | ABS-O            | CORP              | US        |   3995147 | PA      | $3786223.40   | 0.19%             | 2032-12-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Sgus LLC                                                                             | SGUSLL 11 12/15/29 144A                                                                  | CUSIP: 81880AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7170750 | PA      | $788782.50    | 0.04%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Cable One Inc                                                                        | CABO 1.125 03/15/28                                                                      | CUSIP: 12685JAG0<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |  12646000 | PA      | $9541407.00   | 0.47%             | 2028-03-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| Avantor Funding Inc                                                                  | AVTR 3.875 11/01/29 144A                                                                 | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   4150000 | PA      | $3896551.62   | 0.19%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                                                   | RYASPE 5.875 08/01/32 144A                                                               | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |  23751000 | PA      | $23493767.17  | 1.15%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Mineral Resources Ltd.                                                               | MINAU 8 11/01/27 144A                                                                    | CUSIP: 603051AC7<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | AU        |   2554000 | PA      | $2588911.06   | 0.13%             | 2027-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Howden UK Refinance 2 PLC / Howden US Finance LLC                                    | HWDGRP 8.125 02/15/32 144A                                                               | CUSIP: 44287DAA1<br>LEI: 875500O63ODR8S3K5X33 | Long             | DBT              | CORP              | GB        |   6939000 | PA      | $6507843.85   | 0.32%             | 2032-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| MILLROSE PROPERTIES INC                                                              | MRP 6.375 08/01/30 144A                                                                  | CUSIP: 601137AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10750000 | PA      | $10753911.93  | 0.53%             | 2030-08-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                        | SM 6.625 01/15/27                                                                        | CUSIP: 78454LAP5<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |  10842000 | PA      | $10848442.32  | 0.53%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| The Gap Inc.                                                                         | GAP 3.875 10/01/31 144A                                                                  | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |  27142000 | PA      | $24607431.18  | 1.21%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Macys Retail Holdings LLC                                                            | M 6.125 03/15/32 144A                                                                    | CUSIP: 55617LAR3<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |   4925000 | PA      | $4842800.77   | 0.24%             | 2032-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Enerflex Inc.                                                                        | EFXINC 6.875 01/15/31 144A                                                               | CUSIP: 29281WAA6<br>LEI: 549300SQCOV1LC1GBK07 | Long             | DBT              | CORP              | US        |   5750000 | PA      | $5874628.89   | 0.29%             | 2031-01-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Voc Escrow Ltd                                                                       | VIKCRU 5 02/15/28 144A                                                                   | CUSIP: 91832VAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |  21152000 | PA      | $21074955.96  | 1.04%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                                                       | ZFFNGR 6.75 04/23/30 144A                                                                | CUSIP: 98877DAF2<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |  12094000 | PA      | $11707987.34  | 0.58%             | 2030-04-23      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ZipRecruiter Inc                                                                     | ZIP 5 01/15/30 144A                                                                      | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |  18664000 | PA      | $10797002.68  | 0.53%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corp.                                                    | BK V3.75 PERP I                                                                          | CUSIP: 064058AL4<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |  10303000 | PA      | $10080429.44  | 0.50%             | N/A             | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc                                                                 | CLF 7.5 09/15/31 144A                                                                    | CUSIP: 185899AS0<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   3730000 | PA      | $3723966.73   | 0.18%             | 2031-09-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Healthequity Inc                                                                     | HQY 4.5 10/01/29 144A                                                                    | CUSIP: 42226AAA5<br>LEI: 529900LRJU1RAFQHM467 | Long             | DBT              | CORP              | US        |  11927000 | PA      | $11554125.01  | 0.57%             | 2029-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PRA Group Inc.                                                                       | PRAA 5 10/01/29 144A                                                                     | CUSIP: 69354NAD8<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |  12887000 | PA      | $11908924.38  | 0.59%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LUXCO3 DUMMY EQUITY                                                                  | LUXCO3 DUMMY EQUITY                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16072 | NS      | $273543.69    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Titan International, Inc.                                                            | TWI 7 04/30/28                                                                           | CUSIP: 88830MAM4<br>LEI: 254900CXRGBE7C4B5A06 | Long             | DBT              | CORP              | US        |  13699000 | PA      | $13679837.84  | 0.67%             | 2028-04-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                                             | WCC 5.25 04/15/31 144A                                                                   | CUSIP: 95081QAT1<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   6550000 | PA      | $6527277.40   | 0.32%             | 2031-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Block Inc                                                                            | XYZ 0.25 11/01/27                                                                        | CUSIP: 852234AK9<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1874000.00   | 0.09%             | 2027-11-01      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| BW REAL ESTATE INC                                                                   | WAL V9.5 PERP 144A                                                                       | CUSIP: 05614HAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5265000 | PA      | $5299064.55   | 0.26%             | N/A             | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Herc Holdings Inc                                                                    | HRI 5.75 03/15/31 144A                                                                   | CUSIP: 42704LAH7<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   9905000 | PA      | $9764022.14   | 0.48%             | 2031-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BRUNDAGE-BONE CONCRETE PUMPING HOLDING INC                                           | BBCP 7.5 02/01/32 144A                                                                   | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  20623000 | PA      | $20857009.18  | 1.02%             | 2032-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                        | CNC 4.625 12/15/29                                                                       | CUSIP: 15135BAT8<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   3631000 | PA      | $3449222.70   | 0.17%             | 2029-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                                                        | SM 6.75 09/15/26                                                                         | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   5850000 | PA      | $5856786.00   | 0.29%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ZOOMINFO TECHNOLOGIES LLC / ZOOMINFO FINANCE CORP                                    | ZMINFO 3.875 02/01/29 144A                                                               | CUSIP: 98981BAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7570000 | PA      | $6298888.22   | 0.31%             | 2029-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| DBR Land Holdings LLC                                                                | LB 6.25 12/01/30 144A                                                                    | CUSIP: 24024BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9456000 | PA      | $9580062.72   | 0.47%             | 2030-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CRC INSURANCE GROUP LLC                                                              | TIHLLC 7.125 06/01/31 144A                                                               | CUSIP: 69867RAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  27090000 | PA      | $27194675.76  | 1.34%             | 2031-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Corporation                                                         | FREMOR 6.625 01/15/27 144a                                                               | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   9625000 | PA      | $9618396.29   | 0.47%             | 2027-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Southern California Edison Company                                                   | EIX 4 04/01/47                                                                           | CUSIP: 842400GG2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   7250000 | PA      | $5392756.41   | 0.26%             | 2047-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kraken Oil & Gas Partners LLC                                                        | KRAOIG 7.625 08/15/29 144A                                                               | CUSIP: 50076PAA6<br>LEI: 549300DR5HSL4YAU3X12 | Long             | DBT              | CORP              | US        |  14823000 | PA      | $15145444.72  | 0.74%             | 2029-08-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Mativ Holdings Inc                                                                   | MATV 8 10/01/29 144A                                                                     | CUSIP: 808541AC0<br>LEI: 549300Z1FU4IDULG1R21 | Long             | DBT              | CORP              | US        |  20877000 | PA      | $19470549.91  | 0.96%             | 2029-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Graham Holdings Co                                                                   | GHC 5.625 12/01/33 144A                                                                  | CUSIP: 384637AC8<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |  19665000 | PA      | $19313501.89  | 0.95%             | 2033-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Amsted Industries Incorporated                                                       | AMSIND 6.375 03/15/33 144A                                                               | CUSIP: 032177AK3<br>LEI: N2VLGYMEEBIU3PFSUY86 | Long             | DBT              | CORP              | US        |   4218000 | PA      | $4242401.13   | 0.21%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Dream Finders Homes Inc                                                              | DFH 8.25 08/15/28 144A                                                                   | CUSIP: 26154DAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  21061000 | PA      | $21419750.13  | 1.05%             | 2028-08-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Jetblue Airways Corp 2020-1B Pass Through Trust                                      | JBLU 4 11/15/32 1A                                                                       | CUSIP: 477164AA5<br>LEI: 54930070J9H97ZO93T57 | Long             | ABS-O            | CORP              | US        |   7962094 | PA      | $7559599.79   | 0.37%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Centene Corp.                                                                        | CNC 2.45 07/15/28                                                                        | CUSIP: 15135BAY7<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   2161000 | PA      | $2013811.05   | 0.10%             | 2028-07-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Angi Group Llc                                                                       | ANGI 3.875 08/15/28 144A                                                                 | CUSIP: 001846AA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  18633000 | PA      | $16605732.77  | 0.82%             | 2028-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Magnera Corp.                                                                        | MAGN 7.25 11/15/31 144A                                                                  | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |  14135000 | PA      | $13098975.18  | 0.64%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| QVC, Inc.                                                                            | QVCN 5.45 08/15/34                                                                       | CUSIP: 747262AW3<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |  23871000 | PA      | $10383885.00  | 0.51%             | 2034-08-15      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Burford Capital Global Finance LLC                                                   | BURLN 7.5 07/15/33 144A                                                                  | CUSIP: 12116LAG4<br>LEI: 549300JVAOO67CSCH406 | Long             | DBT              | CORP              | US        |   3400000 | PA      | $2834886.00   | 0.14%             | 2033-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Molina Healthcare, Inc.                                                              | MOH 6.25 01/15/33 144A                                                                   | CUSIP: 60855RAM2<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |  14265000 | PA      | $13840054.64  | 0.68%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Molina Healthcare, Inc.                                                              | MOH 4.375 06/15/28 144A                                                                  | CUSIP: 60855RAJ9<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |   7048000 | PA      | $6819596.17   | 0.34%             | 2028-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Flutter Treasury Designated Activity Co.                                             | FLTR 5.875 06/04/31 144A                                                                 | CUSIP: 344045AB5<br>LEI: 635400JE8VLL9UFVIC38 | Long             | DBT              | CORP              | IE        |  17605000 | PA      | $17455357.50  | 0.86%             | 2031-06-04      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Western Alliance Bancorp                                                             | WAL V3 06/15/31                                                                          | CUSIP: 957638AD1<br>LEI: 5493003VJXZ5JXT9S762 | Long             | DBT              | CORP              | US        |  14718000 | PA      | $14140024.14  | 0.69%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Saks Global Enterprises LLC                                                          | SAGLEN 11 12/15/29 144@                                                                  | CUSIP: 79380MAD7<br>LEI: 5493007HQSJGRH78Q684 | Long             | DBT              | CORP              | US        |  14180000 | PA      | $177250.00    | 0.01%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP / RHP Finance Corporation                                    | RHP 7.25 07/15/28 144A                                                                   | CUSIP: 749571AJ4<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |    431000 | PA      | $440313.91    | 0.02%             | 2028-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Iqvia Inc                                                                            | IQV 5 10/15/26 144A                                                                      | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |  25835000 | PA      | $25870484.37  | 1.27%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cogent IPV4 LLC                                                                      | CGNT 2024-1A A2                                                                          | CUSIP: 19240JAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   5800000 | PA      | $5997006.28   | 0.29%             | 2054-05-25      | Fixed         | 7.92%                 | No            |                  2 | On Loan: No      |
| ATLANTICUS HOLDINGS CORP                                                             | ATLC 9.75 09/01/30 144A                                                                  | CUSIP: 04914AAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11275000 | PA      | $10146503.29  | 0.50%             | 2030-09-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Cable One Inc                                                                        | CABO 4 11/15/30 144A                                                                     | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   8958000 | PA      | $6246212.74   | 0.31%             | 2030-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                                      | TDG 6.375 03/01/29 144A                                                                  | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   8828000 | PA      | $9003791.88   | 0.44%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Coronado Finance Pty Limited                                                         | CRNAU 9.25 10/01/29 144A                                                                 | CUSIP: 21979LAB2<br>LEI: 549300NS5FS0W548RE27 | Long             | DBT              | CORP              | AU        |  12255000 | PA      | $11084471.76  | 0.54%             | 2029-10-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| Iqvia Inc                                                                            | IQV 5 05/15/27 144A                                                                      | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   3325000 | PA      | $3314374.63   | 0.16%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                                                                | BAC V4.375 PERP RR                                                                       | CUSIP: 060505GB4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4447930.05   | 0.22%             | N/A             | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corporation                                                               | MUR 6.5 02/15/34                                                                         | CUSIP: 626717AQ5<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |   3525000 | PA      | $3483784.29   | 0.17%             | 2034-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LCPR Senior Secured Financing Designated Activity Company                            | LILAPR 6.75 10/15/27 144A                                                                | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | IE        |  18329000 | PA      | $12412135.78  | 0.61%             | 2027-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Viking Cruises, Ltd.                                                                 | VIKCRU 7 02/15/29 144a                                                                   | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   6043000 | PA      | $6057164.79   | 0.30%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WBI Operations LLC                                                                   | WBI 6.25 10/15/30 144A                                                                   | CUSIP: 92944BAA9<br>LEI: 254900A83461EGRMOV11 | Long             | DBT              | CORP              | US        |  14770000 | PA      | $14867998.95  | 0.73%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RIVERS ENTERPRISE BORROWER LLC                                                       | RIVENT 6.25 10/15/30 144A                                                                | CUSIP: 76884GAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2107000 | PA      | $2102914.95   | 0.10%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Winnebago Industries Inc.                                                            | WGO 3.25 01/15/30                                                                        | CUSIP: 974637AF7<br>LEI: 549300B7OYKYJLTE3G11 | Long             | DBT              | CORP              | US        |   1375000 | PA      | $1247125.00   | 0.06%             | 2030-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                                            | SUN 5.375 07/15/31 144A                                                                  | CUSIP: 86765KAM1<br>LEI: 5493006LL0CKP8WQW329 | Long             | DBT              | CORP              | US        |   4250000 | PA      | $4218937.18   | 0.21%             | 2031-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chord Energy Corp.                                                                   | CHRD 6 10/01/30 144A                                                                     | CUSIP: 674215AQ1<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |   4229000 | PA      | $4287613.94   | 0.21%             | 2030-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIRSTCASH HOLDINGS INC                                                               | FCFS 5.625 01/01/30 144A                                                                 | CUSIP: 31944TAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  27615000 | PA      | $27532939.27  | 1.35%             | 2030-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc.                                                                      | NRG Energy Term Loan B 175 2031-04-01                                                    | CUSIP: 62937NBC0<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | LON              | CORP              | US        |   1843026 | PA      | $1848923.36   | 0.09%             | 2031-04-16      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| Firstcash Inc                                                                        | FCFS 4.625 09/01/28 144A                                                                 | CUSIP: 33767DAB1<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |   9775000 | PA      | $9610417.35   | 0.47%             | 2028-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Midwest Gaming Borrower LLC                                                          | MWGAME 4.875 05/01/29 144A                                                               | CUSIP: 59833DAB6<br>LEI: 5493005826VXDUREHL94 | Long             | DBT              | CORP              | US        |  12019000 | PA      | $11662866.21  | 0.57%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ARKO CORP                                                                            | ARKO 5.125 11/15/29 144A                                                                 | CUSIP: 041242AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  11107000 | PA      | $9867714.26   | 0.48%             | 2029-11-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Charter Communications Operating, LLC/Charter Communications Operating Capital Corp. | CHTR 5.75 04/01/48                                                                       | CUSIP: 161175BN3<br>LEI: 549300TPZNMN50BJ3745 | Long             | DBT              | CORP              | US        |   5153000 | PA      | $4300894.25   | 0.21%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| APTIV SWISS HOLDINGS LTD                                                             | APTV 4.15 05/01/52                                                                       | CUSIP: 00217GAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | JE        |   1550000 | PA      | $1159081.97   | 0.06%             | 2052-05-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                                                | LONG RIDGE ENERGY LLC                                                                    | CUSIP: 000000000<br>LEI: 984500764EC9AZ2FC764 | Long             | LON              | CORP              | US        |  12622500 | PA      | $12535720.31  | 0.62%             | 2032-02-19      | Floating      | 8.20%                 | No            |                  2 | On Loan: No      |
| Kioxia Holdings Corp.                                                                | KIOXIA 6.25 07/24/30 144A                                                                | CUSIP: 49726JAA6<br>LEI: 35380080RTKRARNH4R73 | Long             | DBT              | CORP              | JP        |    500000 | PA      | $508514.47    | 0.02%             | 2030-07-24      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                                                 | NCLH 5.875 01/15/31 144A                                                                 | CUSIP: 62886HBY6<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |  15858000 | PA      | $15416605.73  | 0.76%             | 2031-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lindblad Expeditions LLC                                                             | LIND 7 09/15/30 144A                                                                     | CUSIP: 53523LAB6<br>LEI: 549300MPUWOG67Y2R254 | Long             | DBT              | CORP              | US        |   9250000 | PA      | $9449763.00   | 0.46%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Snap Inc                                                                             | SNAP 0.5 05/01/30                                                                        | CUSIP: 83304AAK2<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3223000.00   | 0.16%             | 2030-05-01      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| The Charles Schwab Corporation                                                       | SCHW V4 PERP I                                                                           | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |  16292000 | PA      | $16191755.32  | 0.80%             | N/A             | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cogent Communications Group LLC / Cogent Finance Inc.                                | CCOI 6.5 07/01/32 144A                                                                   | CUSIP: 19240WAB5<br>LEI: 549300KFWFYF8Q1U0Y26 | Long             | DBT              | CORP              | US        |  27825000 | PA      | $24292321.31  | 1.19%             | 2032-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EG Global Finance PLC                                                                | EGBLFN 12 11/30/28 144A                                                                  | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |  21803000 | PA      | $23339392.00  | 1.15%             | 2028-11-30      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| UBS Group AG                                                                         | UBS V3.875 PERP 144A                                                                     | CUSIP: 902613AG3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |   5000000 | PA      | $4995782.00   | 0.25%             | N/A             | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Forestar Group Inc.                                                                  | FOR 5 03/01/28 144A                                                                      | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |  19154000 | PA      | $19014353.93  | 0.93%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ecopetrol S.A.                                                                       | ECOPET 5.875 05/28/45                                                                    | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |   9665000 | PA      | $7123593.18   | 0.35%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Legg Mason Partners Institutional Trust                                              | Legg Mason Partners Institutional Trust US TRASURY PRM                                   | CUSIP: 52470G478<br>LEI: 549300FS1J68EF5THY28 | Long             | STIV             | RF                | US        | 181444950 | NS      | $181444950.38 | 8.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Go Daddy Operating Company LLC / GD Finance Co Inc                                   | GDDY 5.25 12/01/27 144A                                                                  | CUSIP: 38016LAA3<br>LEI: 5493005GJOH8HLL11157 | Long             | DBT              | CORP              | US        |   4473000 | PA      | $4458055.39   | 0.22%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Venture Global Calcasieu Pass LLC                                                    | VENTGL 3.875 08/15/29 144A                                                               | CUSIP: 92328MAA1<br>LEI: 549300GKHS6RS20NLH85 | Long             | DBT              | CORP              | US        |  11625000 | PA      | $11055304.09  | 0.54%             | 2029-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Viking Cruises, Ltd.                                                                 | VIKCRU 5.875 10/15/33 144A                                                               | CUSIP: 92676XAH0<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |   4840000 | PA      | $4782049.91   | 0.23%             | 2033-10-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AAR Corp.                                                                            | AIR 6.75 03/15/29 144A                                                                   | CUSIP: 00253PAA6<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | DBT              | CORP              | US        |   7500000 | PA      | $7638727.50   | 0.38%             | 2029-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| United Wholesale Mortgage LLC                                                        | UWMLLC 5.5 04/15/29 144A                                                                 | CUSIP: 913229AA8<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |  29281000 | PA      | $27434279.54  | 1.35%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Legg Mason Partners Investment Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer