# EDGAR Filing Document

**Accession Number:** 0001568292
**File Stem:** 0001752724-23-043263
**Filing Date:** 2023-2
**Character Count:** 139688
**Document Hash:** f1d161be32c98ba0df34047c58abb1ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043263.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043263

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Delaware Ivy High Income Opportunities Fund
- **CENTRAL INDEX KEY:** 0001568292
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22800
- **FILM NUMBER:** 23674382

**BUSINESS ADDRESS:**
- **STREET 1:** 6300 LAMAR AVENUE
- **CITY:** SHAWNEE MISSION
- **STATE:** KS
- **ZIP:** 66202-4200
- **BUSINESS PHONE:** 913-236-2000

**MAIL ADDRESS:**
- **STREET 1:** 6300 LAMAR AVENUE
- **CITY:** SHAWNEE MISSION
- **STATE:** KS
- **ZIP:** 66202-4200

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ivy High Income Opportunities Fund
- **DATE OF NAME CHANGE:** 20130329

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ivy Credit Opportunities Fund
- **DATE OF NAME CHANGE:** 20130205

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ivy Global Credit Opportunities Fund
- **DATE OF NAME CHANGE:** 20130130

## Nport-Ex

## Schedule of investments
Delaware Ivy High Income Opportunities Fund

December 31, 2022 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br> amount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Convertible Bonds — 1.42%** | &nbsp;&nbsp;**Convertible Bonds — 1.42%** | &nbsp;&nbsp;**Convertible Bonds — 1.42%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Cotai 5.00% exercise price $0.00, maturity date 2/2/27 <<, = | 1042759 | $2404214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spirit Airlines 1.00% exercise price $49.07, maturity date 5/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;426000 | &nbsp;&nbsp; 345060 |
| &nbsp;&nbsp;&nbsp;**Total Convertible Bonds<br> (cost $1,388,570)** | &nbsp;&nbsp;&nbsp;**Total Convertible Bonds<br> (cost $1,388,570)** | &nbsp;&nbsp; **2749274** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Corporate Bonds — 115.21%** | &nbsp;&nbsp;**Corporate Bonds — 115.21%** | &nbsp;&nbsp;**Corporate Bonds — 115.21%** |
| &nbsp;&nbsp;Automotive — 1.81% | &nbsp;&nbsp;Automotive — 1.81% | &nbsp;&nbsp;Automotive — 1.81% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission 144A 5.875% 6/1/29 # | 1445000 | &nbsp;&nbsp;&nbsp;&nbsp;1359564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Motor 4.75% 1/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;990000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;712848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goodyear Tire & Rubber 5.25% 7/15/31 | 1735000 | &nbsp;&nbsp;&nbsp;&nbsp;1421381 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3493793 |
| &nbsp;&nbsp;Banking — 2.52% | &nbsp;&nbsp;Banking — 2.52% | &nbsp;&nbsp;Banking — 2.52% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Barclays 6.125% 12/15/25 μ, ψ | 1240000 | &nbsp;&nbsp;&nbsp;&nbsp;1133050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank 6.00% 10/30/25 μ, ψ | 3200000 | &nbsp;&nbsp;&nbsp;&nbsp;2729829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SVB Financial Group 4.10% 2/15/31 μ, ψ | 1725000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995879 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4858758 |
| &nbsp;&nbsp;Basic Industry — 4.94% | &nbsp;&nbsp;Basic Industry — 4.94% | &nbsp;&nbsp;Basic Industry — 4.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cerdia Finanz 144A 10.50% 2/15/27 # | 1155000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chemours 144A 5.75% 11/15/28 # | 1665000 | &nbsp;&nbsp;&nbsp;&nbsp;1497834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Domtar 144A 6.75% 10/1/28 # | &nbsp;&nbsp;&nbsp;&nbsp;600000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eldorado Gold 144A 6.25% 9/1/29 # | 1170000 | &nbsp;&nbsp;&nbsp;&nbsp;1025074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals 144A 6.875% 10/15/27 # | &nbsp;&nbsp;&nbsp;&nbsp;665000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FMG Resources August 2006 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.875% 4/15/30 # | 1215000 | &nbsp;&nbsp;&nbsp;&nbsp;1133562 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.125% 4/15/32 # | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;513725 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Novelis 144A 4.75% 1/30/30 # | 2285000 | &nbsp;&nbsp;&nbsp;&nbsp;2030954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vibrantz Technologies 144A 9.00% 2/15/30 # | 1603000 | &nbsp;&nbsp;&nbsp;&nbsp;1211805 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;9533574 |
| &nbsp;&nbsp;Capital Goods — 4.86% | &nbsp;&nbsp;Capital Goods — 4.86% | &nbsp;&nbsp;Capital Goods — 4.86% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ARD Finance 144A PIK 6.50% 6/30/27 #, > | &nbsp;&nbsp;&nbsp;&nbsp;610732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ardagh Metal Packaging Finance USA 144A 3.25% 9/1/28 # | &nbsp;&nbsp;&nbsp;&nbsp;231000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bombardier 144A 6.00% 2/15/28 # | &nbsp;&nbsp;&nbsp;&nbsp;772000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings 144A 6.625% 4/15/29 # | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261807 |

---

---

| | | |
|:---|:---|:---|
|  | **Principalamount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** |
| &nbsp;&nbsp;Capital Goods (continued) | &nbsp;&nbsp;Capital Goods (continued) | &nbsp;&nbsp;Capital Goods (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mauser Packaging Solutions Holding 144A 5.50% 4/15/24 # | 1610000 | $1568796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sealed Air 144A 5.00% 4/15/29 # | &nbsp;&nbsp;&nbsp;&nbsp;795000 | &nbsp;&nbsp; 748449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TransDigm 5.50% 11/15/27 | 2591000 | &nbsp;&nbsp; 2438338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wesco Aircraft Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 8.50% 11/15/24 # | 2414000 | &nbsp;&nbsp; 1194930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 9.00% 11/15/26 #, \* | 2572000 | &nbsp;&nbsp; 1742530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 13.125% 11/15/27 # | &nbsp;&nbsp;&nbsp;&nbsp;343000 | &nbsp;&nbsp; 86607 |
|  |  | &nbsp;&nbsp; 9378547 |
| &nbsp;&nbsp;Communications — 12.85% | &nbsp;&nbsp;Communications — 12.85% | &nbsp;&nbsp;Communications — 12.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice Financing 144A 5.75% 8/15/29 # | 2086000 | &nbsp;&nbsp; 1644681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.125% 7/15/29 # | &nbsp;&nbsp;&nbsp;&nbsp;866000 | &nbsp;&nbsp; 650823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.50% 10/15/29 # | &nbsp;&nbsp;&nbsp;&nbsp;469000 | &nbsp;&nbsp; 358464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 8.125% 2/1/27 # | 2659000 | &nbsp;&nbsp; 2427508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Altice France Holding 144A 10.50% 5/15/27 # | 4582000 | &nbsp;&nbsp; 3503626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connect Finco 144A 6.75% 10/1/26 # | 2645000 | &nbsp;&nbsp; 2456728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Communications |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.00% 10/1/28 # | &nbsp;&nbsp;&nbsp;&nbsp;417000 | &nbsp;&nbsp; 308066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.50% 10/1/28 # | 2244000 | &nbsp;&nbsp; 1749334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Digicel International Finance |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 8.00% 12/31/26 # | &nbsp;&nbsp;&nbsp;&nbsp;120811 | &nbsp;&nbsp; 53418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 8.75% 5/25/24 # | 1482000 | &nbsp;&nbsp; 1276862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Frontier Communications Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.00% 5/1/28 # | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp; 244723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.875% 10/15/27 # | 2671000 | &nbsp;&nbsp; 2486087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.875% 11/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;455605 | &nbsp;&nbsp; 353083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.75% 5/1/29 # | &nbsp;&nbsp;&nbsp;&nbsp;830000 | &nbsp;&nbsp; 687763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 8.75% 5/15/30 # | &nbsp;&nbsp;&nbsp;&nbsp;395000 | &nbsp;&nbsp; 402384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northwest Fiber 144A 4.75% 4/30/27 # | 1005000 | &nbsp;&nbsp; 885518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sable International Finance 144A 5.75% 9/7/27 # | &nbsp;&nbsp;&nbsp;&nbsp;200000 | &nbsp;&nbsp; 184850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sprint 7.625% 3/1/26 | 1310000 | &nbsp;&nbsp; 1381403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telesat Canada 144A 5.625% 12/6/26 # | 2310000 | &nbsp;&nbsp; 1065540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vmed O2 UK Financing I 144A 4.75% 7/15/31 # | 3290000 | &nbsp;&nbsp; 2679063 |
|  |  | &nbsp;&nbsp; 24799924 |
| &nbsp;&nbsp;Consumer Goods — 1.42% | &nbsp;&nbsp;Consumer Goods — 1.42% | &nbsp;&nbsp;Consumer Goods — 1.42% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clydesdale Acquisition Holdings 144A 8.75% 4/15/30 # | &nbsp;&nbsp;&nbsp;&nbsp;905000 | &nbsp;&nbsp; 776351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kronos Acquisition Holdings 144A 5.00% 12/31/26 # | &nbsp;&nbsp;&nbsp;&nbsp;875000 | &nbsp;&nbsp; 757969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pilgrim's Pride 144A 4.25% 4/15/31 # | 1372000 | &nbsp;&nbsp; 1168944 |

---

NQ-IV010 [12/22] 2/23 (2745497) 1

------

Delaware Ivy High Income Opportunities Fund (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principalamount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** |
| &nbsp;&nbsp;Consumer Goods (continued) | &nbsp;&nbsp;Consumer Goods (continued) | &nbsp;&nbsp;Consumer Goods (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scotts Miracle-Gro 4.00% 4/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60000 | $45924 |
|  |  | &nbsp;&nbsp; 2749188 |
| &nbsp;&nbsp;Energy — 16.15% | &nbsp;&nbsp;Energy — 16.15% | &nbsp;&nbsp;Energy — 16.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ascent Resources Utica Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.875% 6/30/29 # | &nbsp;&nbsp;&nbsp;&nbsp;896000 | &nbsp;&nbsp; 800065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 7.00% 11/1/26 # | &nbsp;&nbsp;&nbsp;&nbsp;711000 | &nbsp;&nbsp; 690786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bellatrix Exploration |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.50% 9/11/23 = | &nbsp;&nbsp;&nbsp;&nbsp;418000 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.50% 12/15/23 = | &nbsp;&nbsp;&nbsp;&nbsp;456000 | &nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callon Petroleum |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 7.50% 6/15/30 #, \* | 1045000 | &nbsp;&nbsp; 957534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 8.00% 8/1/28 # | 1785000 | &nbsp;&nbsp; 1703923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Midstream Partners 144A 4.75% 4/15/30 # | &nbsp;&nbsp;&nbsp;&nbsp;204000 | &nbsp;&nbsp; 167681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNX Resources 144A 6.00% 1/15/29 # | 1755000 | &nbsp;&nbsp; 1617458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Crestwood Midstream Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.625% 5/1/27 # | &nbsp;&nbsp;&nbsp;&nbsp;597000 | &nbsp;&nbsp; 556237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.00% 2/1/29 # | &nbsp;&nbsp;&nbsp;&nbsp;319000 | &nbsp;&nbsp; 293147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EQM Midstream Partners 144A 4.75% 1/15/31 # | 3038000 | &nbsp;&nbsp; 2489504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Genesis Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.75% 2/1/28 | 1210000 | &nbsp;&nbsp; 1115693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.00% 1/15/27 | 1912000 | &nbsp;&nbsp; 1808408 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hilcorp Energy I |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.00% 4/15/30 # | 1910000 | &nbsp;&nbsp; 1701277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.00% 2/1/31 # | &nbsp;&nbsp;&nbsp;&nbsp;275000 | &nbsp;&nbsp; 238235 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.25% 4/15/32 # | 1011000 | &nbsp;&nbsp; 873894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Laredo Petroleum 10.125% 1/15/28 | 1161000 | &nbsp;&nbsp; 1133989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mesquite Energy 144A 7.25% 2/15/23 #, ‡ | &nbsp;&nbsp;&nbsp;&nbsp;257000 | &nbsp;&nbsp; 4176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Murphy Oil 6.375% 7/15/28 | 3028000 | &nbsp;&nbsp; 2918931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NuStar Logistics |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.00% 6/1/26 | 1509000 | &nbsp;&nbsp; 1455622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.375% 10/1/30 | 1530000 | &nbsp;&nbsp; 1417453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.20% 3/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95000 | &nbsp;&nbsp; 73116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40% 4/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;369000 | &nbsp;&nbsp; 288851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.40% 8/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;735000 | &nbsp;&nbsp; 574906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50% 7/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;380000 | &nbsp;&nbsp; 304421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.45% 9/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;815000 | &nbsp;&nbsp; 833138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.60% 3/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;670000 | &nbsp;&nbsp; 690934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.625% 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;605000 | &nbsp;&nbsp; 626559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375% 2/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;280000 | &nbsp;&nbsp; 259981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.375% 3/15/30 | 2785000 | &nbsp;&nbsp; 2545334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA Compression Partners |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875% 4/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;250000 | &nbsp;&nbsp; 240224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875% 9/1/27 | 1460000 | &nbsp;&nbsp; 1367444 |

---

---

| | | |
|:---|:---|:---|
|  | **Principalamount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** |
| &nbsp;&nbsp;Energy (continued) | &nbsp;&nbsp;Energy (continued) | &nbsp;&nbsp;Energy (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Weatherford International 144A 8.625% 4/30/30 # | 1475000 | $1419087 |
|  |  | &nbsp;&nbsp; 31168008 |
| &nbsp;&nbsp;Financial Services — 4.85% | &nbsp;&nbsp;Financial Services — 4.85% | &nbsp;&nbsp;Financial Services — 4.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AerCap Holdings 5.875% 10/10/79 μ | 1418000 | &nbsp;&nbsp; 1293088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Lease 4.65% 6/15/26 μ, ψ | &nbsp;&nbsp;&nbsp;&nbsp;742000 | &nbsp;&nbsp; 621959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Castlelake Aviation Finance DAC 144A 5.00% 4/15/27 # | 1680000 | &nbsp;&nbsp; 1464017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compass Group Diversified Holdings 144A 5.25% 4/15/29 # | &nbsp;&nbsp;&nbsp;&nbsp;937000 | &nbsp;&nbsp; 803094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse Group 144A 9.75% 6/23/27 #, μ | 1760000 | &nbsp;&nbsp; 1537479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Highlands Holdings Bond Issuer 144A PIK 7.625% 10/15/25 #, > | 1518011 | &nbsp;&nbsp; 1420302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Medline Borrower 144A 3.875% 4/1/29 # | 1805000 | &nbsp;&nbsp; 1457980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Midcap Financial Issuer Trust 144A 6.50% 5/1/28 # | &nbsp;&nbsp;&nbsp;&nbsp;877000 | &nbsp;&nbsp; 755505 |
|  |  | &nbsp;&nbsp; 9353424 |
| &nbsp;&nbsp;Healthcare — 8.85% | &nbsp;&nbsp;Healthcare — 8.85% | &nbsp;&nbsp;Healthcare — 8.85% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avantor Funding 144A 3.875% 11/1/29 # | 3641000 | &nbsp;&nbsp; 3062172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bausch Health 144A 6.125% 2/1/27 # | 1145000 | &nbsp;&nbsp; 791058 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cheplapharm Arzneimittel 144A 5.50% 1/15/28 # | 1655000 | &nbsp;&nbsp; 1386526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CHS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.75% 2/15/31 # | &nbsp;&nbsp;&nbsp;&nbsp;480000 | &nbsp;&nbsp; 349390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.25% 5/15/30 # | &nbsp;&nbsp;&nbsp;&nbsp;580000 | &nbsp;&nbsp; 438377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.00% 10/15/26 # | &nbsp;&nbsp;&nbsp;&nbsp;661000 | &nbsp;&nbsp; 621013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.50% 10/15/28 # | &nbsp;&nbsp;&nbsp;&nbsp;897000 | &nbsp;&nbsp; 826198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Encompass Health |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.625% 4/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;550000 | &nbsp;&nbsp; 473617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75% 2/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;355000 | &nbsp;&nbsp; 312310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hadrian Merger Sub 144A 8.50% 5/1/26 # | &nbsp;&nbsp;&nbsp;&nbsp;369000 | &nbsp;&nbsp; 326641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ModivCare Escrow Issuer 144A 5.00% 10/1/29 # | 1720000 | &nbsp;&nbsp; 1452712 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organon & Co. 144A 5.125% 4/30/31 # | 2445000 | &nbsp;&nbsp; 2121368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Par Pharmaceutical 144A 7.50% 4/1/27 #, ‡ | 1188000 | &nbsp;&nbsp; 905374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.375% 1/15/30 # | 1385000 | &nbsp;&nbsp; 1201238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.125% 10/1/28 # | 2600000 | &nbsp;&nbsp; 2333318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Renal Care 144A 10.625% 7/15/27 # | 2224000 | &nbsp;&nbsp; 489280 |
|  |  | &nbsp;&nbsp; 17090592 |

---

2 NQ-IV010 [12/22] 2/23 (2745497)

------

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principalamount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** |
| &nbsp;&nbsp;Insurance — 3.98% | &nbsp;&nbsp;Insurance — 3.98% | &nbsp;&nbsp;Insurance — 3.98% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HUB International 144A 5.625% 12/1/29 # | 2420000 | $2116732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jones Deslauriers Insurance Management 144A 10.50% 12/15/30 # | 2850000 | &nbsp;&nbsp; 2810539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NFP |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.875% 8/15/28 # | 2541000 | &nbsp;&nbsp; 2100083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 7.50% 10/1/30 # | &nbsp;&nbsp;&nbsp;&nbsp;690000 | &nbsp;&nbsp; 653136 |
|  |  | &nbsp;&nbsp; 7680490 |
| &nbsp;&nbsp;Leisure — 7.87% | &nbsp;&nbsp;Leisure — 7.87% | &nbsp;&nbsp;Leisure — 7.87% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Boyd Gaming |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75% 12/1/27 \* | 1605000 | &nbsp;&nbsp; 1497208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.75% 6/15/31 # | 1465000 | &nbsp;&nbsp; 1276279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carnival |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.75% 3/1/27 # | 1750000 | &nbsp;&nbsp; 1252598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.00% 5/1/29 # | 1340000 | &nbsp;&nbsp; 895464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 7.625% 3/1/26 # | 3190000 | &nbsp;&nbsp; 2534023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.50% 8/31/26 # | &nbsp;&nbsp;&nbsp;&nbsp;180000 | &nbsp;&nbsp; 151650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.50% 4/1/28 # | 5963000 | &nbsp;&nbsp; 4769327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games Holdings 144A 6.625% 3/1/30 # | 1645000 | &nbsp;&nbsp; 1391670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Scientific Games International 144A 7.25% 11/15/29 # | 1490000 | &nbsp;&nbsp; 1433082 |
|  |  | &nbsp;&nbsp; 15201301 |
| &nbsp;&nbsp;Media — 13.39% | &nbsp;&nbsp;Media — 13.39% | &nbsp;&nbsp;Media — 13.39% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advantage Sales & Marketing 144A 6.50% 11/15/28 # | 2185000 | &nbsp;&nbsp; 1669296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMC Networks 4.25% 2/15/29 \* | 1685000 | &nbsp;&nbsp; 1052396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Arches Buyer 144A 6.125% 12/1/28 # | 1715000 | &nbsp;&nbsp; 1378593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCO Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.50% 8/15/30 # | 1081000 | &nbsp;&nbsp; 895511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.75% 2/1/32 # | 1195000 | &nbsp;&nbsp; 971230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.375% 9/1/29 # | 2535000 | &nbsp;&nbsp; 2387121 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMG Media 144A 8.875% 12/15/27 # | 1575000 | &nbsp;&nbsp; 1187991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSC Holdings |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.50% 11/15/31 # | &nbsp;&nbsp;&nbsp;&nbsp;619000 | &nbsp;&nbsp; 430632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.00% 11/15/31 # | &nbsp;&nbsp;&nbsp;&nbsp;862000 | &nbsp;&nbsp; 482720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.75% 1/15/30 # | 4480000 | &nbsp;&nbsp; 2536554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulus Media New Holdings 144A 6.75% 7/1/26 #, \* | 1500000 | &nbsp;&nbsp; 1262370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directv Financing 144A 5.875% 8/15/27 # | 2445000 | &nbsp;&nbsp; 2192089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DISH DBS 144A 5.75% 12/1/28 # | 1670000 | &nbsp;&nbsp; 1336000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Escrow II 144A 5.375% 11/15/31 # | &nbsp;&nbsp;&nbsp;&nbsp;185000 | &nbsp;&nbsp; 133650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gray Television 144A 4.75% 10/15/30 # | &nbsp;&nbsp;&nbsp;&nbsp;830000 | &nbsp;&nbsp; 601750 |

---

---

| | | |
|:---|:---|:---|
|  | **Principalamount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** |
| &nbsp;&nbsp;Media (continued) | &nbsp;&nbsp;Media (continued) | &nbsp;&nbsp;Media (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media 144A 4.75% 11/1/28 # | 1650000 | $1429742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sirius XM Radio 144A 4.125% 7/1/30 # | 3325000 | &nbsp;&nbsp; 2751321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stagwell Global 144A 5.625% 8/15/29 # | 1472000 | &nbsp;&nbsp; 1216542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VTR Comunicaciones 144A 4.375% 4/15/29 # | 1182000 | &nbsp;&nbsp; 694017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VTR Finance 144A 6.375% 7/15/28 # | 1087000 | &nbsp;&nbsp; 421534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;VZ Secured Financing 144A 5.00% 1/15/32 # | 1015000 | &nbsp;&nbsp; 826648 |
|  |  | &nbsp;&nbsp; 25857707 |
| &nbsp;&nbsp;Retail — 4.86% | &nbsp;&nbsp;Retail — 4.86% | &nbsp;&nbsp;Retail — 4.86% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.50% 3/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;936040 | &nbsp;&nbsp; 825274 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.625% 11/15/29 # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31000 | &nbsp;&nbsp; 26158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.75% 3/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;964040 | &nbsp;&nbsp; 807573 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.00% 2/15/32 # | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31000 | &nbsp;&nbsp; 25544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.875% 11/1/35 | 1000000 | &nbsp;&nbsp; 890700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.95% 3/1/33 | 1000000 | &nbsp;&nbsp; 879006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 3.875% 6/1/29 # | &nbsp;&nbsp;&nbsp;&nbsp;602000 | &nbsp;&nbsp; 495780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.375% 1/15/31 # | &nbsp;&nbsp;&nbsp;&nbsp;466000 | &nbsp;&nbsp; 379967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LSF9 Atlantis Holdings 144A 7.75% 2/15/26 # | 2337000 | &nbsp;&nbsp; 2071307 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Michaels 144A 5.25% 5/1/28 #, \* | 1009000 | &nbsp;&nbsp; 812987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PetSmart 144A 7.75% 2/15/29 # | 2300000 | &nbsp;&nbsp; 2164455 |
|  |  | &nbsp;&nbsp; 9378751 |
| &nbsp;&nbsp;Services — 10.44% | &nbsp;&nbsp;Services — 10.44% | &nbsp;&nbsp;Services — 10.44% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ADT Security 144A 4.125% 8/1/29 # | 1590000 | &nbsp;&nbsp; 1354372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adtalem Global Education 144A 5.50% 3/1/28 # | 1851000 | &nbsp;&nbsp; 1682041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ahern Rentals 144A 7.375% 5/15/23 # | 1402000 | &nbsp;&nbsp; 1402000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CDW 3.569% 12/1/31 | 2520000 | &nbsp;&nbsp; 2081296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gartner 144A 4.50% 7/1/28 # | 2910000 | &nbsp;&nbsp; 2718231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NESCO Holdings II 144A 5.50% 4/15/29 # | 1675000 | &nbsp;&nbsp; 1467802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sabre GLBL |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 7.375% 9/1/25 # | &nbsp;&nbsp;&nbsp;&nbsp;114000 | &nbsp;&nbsp; 109747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 9.25% 4/15/25 # | &nbsp;&nbsp;&nbsp;&nbsp;288000 | &nbsp;&nbsp; 287389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Staples |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 7.50% 4/15/26 # | 1930000 | &nbsp;&nbsp; 1665088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 10.75% 4/15/27 #, \* | 2612000 | &nbsp;&nbsp; 1885028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Rentals North America 144A 6.00% 12/15/29 # | 4095000 | &nbsp;&nbsp; 4077289 |

---

NQ-IV010 [12/22] 2/23 (2745497) 3

------

Delaware Ivy High Income Opportunities Fund (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principalamount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** | &nbsp;&nbsp;**Corporate Bonds (continued)** |
| &nbsp;&nbsp;Services (continued) | &nbsp;&nbsp;Services (continued) | &nbsp;&nbsp;Services (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Cap Buyer 144A 6.875% 10/15/28 # | 1622000 | $1405696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;White Cap Parent 144A PIK 8.25% 3/15/26 #, « | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13000 | &nbsp;&nbsp; 11255 |
|  |  | &nbsp;&nbsp; 20147234 |
| &nbsp;&nbsp;Technology & Electronics — 8.02% | &nbsp;&nbsp;Technology & Electronics — 8.02% | &nbsp;&nbsp;Technology & Electronics — 8.02% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AthenaHealth Group 144A 6.50% 2/15/30 # | &nbsp;&nbsp;&nbsp;&nbsp;735000 | &nbsp;&nbsp; 543023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CommScope Technologies 144A 6.00% 6/15/25 # | &nbsp;&nbsp;&nbsp;&nbsp;930000 | &nbsp;&nbsp; 848216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entegris Escrow |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.75% 4/15/29 # | &nbsp;&nbsp;&nbsp;&nbsp;794000 | &nbsp;&nbsp; 725678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.95% 6/15/30 # | 2155000 | &nbsp;&nbsp; 1990142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Go Daddy Operating 144A 3.50% 3/1/29 # | 3270000 | &nbsp;&nbsp; 2741869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain Information Management Services 144A 5.00% 7/15/32 # | 3255000 | &nbsp;&nbsp; 2708634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NCR |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.00% 10/1/28 # | &nbsp;&nbsp;&nbsp;&nbsp;856000 | &nbsp;&nbsp; 731165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.125% 4/15/29 # | 2389000 | &nbsp;&nbsp; 2002240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.25% 10/1/30 # | &nbsp;&nbsp;&nbsp;&nbsp;285000 | &nbsp;&nbsp; 235591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 6.125% 9/1/29 # | &nbsp;&nbsp;&nbsp;&nbsp;393000 | &nbsp;&nbsp; 368107 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies 144A 4.00% 4/15/29 # | 1410000 | &nbsp;&nbsp; 1218029 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies 144A 5.50% 9/30/27 # | 1450000 | &nbsp;&nbsp; 1360718 |
|  |  | &nbsp;&nbsp; 15473412 |
| &nbsp;&nbsp;Transportation — 3.63% | &nbsp;&nbsp;Transportation — 3.63% | &nbsp;&nbsp;Transportation — 3.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Canada 144A 3.875% 8/15/26 # | 3050000 | &nbsp;&nbsp; 2706670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Airlines 144A 5.75% 4/20/29 # | 1053791 | &nbsp;&nbsp; 965020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grupo Aeromexico 144A 8.50% 3/17/27 # | 1600000 | &nbsp;&nbsp; 1415187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seaspan 144A 5.50% 8/1/29 # | 2530000 | &nbsp;&nbsp; 1920599 |
|  |  | &nbsp;&nbsp; 7007476 |
| &nbsp;&nbsp;Utilities — 4.77% | &nbsp;&nbsp;Utilities — 4.77% | &nbsp;&nbsp;Utilities — 4.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Calpine |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 4.625% 2/1/29 # | 1205000 | &nbsp;&nbsp; 1035889 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.00% 2/1/31 # | &nbsp;&nbsp;&nbsp;&nbsp;135000 | &nbsp;&nbsp; 113469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 5.125% 3/15/28 #, \* | 2000000 | &nbsp;&nbsp; 1788656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PG&E 5.25% 7/1/30 | 3010000 | &nbsp;&nbsp; 2743720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vistra |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 7.00% 12/15/26 #, μ, ψ | 2465000 | &nbsp;&nbsp; 2246547 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144A 8.00% 10/15/26 #, μ, ψ | 1340000 | &nbsp;&nbsp; 1282476 |
|  |  | &nbsp;&nbsp; 9210757 |
| &nbsp;&nbsp;&nbsp;**Total Corporate Bonds<br> (cost $254,469,303)** | &nbsp;&nbsp;&nbsp;**Total Corporate Bonds<br> (cost $254,469,303)** | &nbsp;&nbsp;**222382936** |

---

---

| | | |
|:---|:---|:---|
|  | **Principalamount<sup>°</sup>** | **Value (US $)** |
| &nbsp;&nbsp;**Municipal Bonds — 0.70%** | &nbsp;&nbsp;**Municipal Bonds — 0.70%** | &nbsp;&nbsp;**Municipal Bonds — 0.70%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Commonwealth of Puerto Rico(Restructured) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series A-1 2.986% 7/1/24^ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17435 | $16166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series A-1 4.00% 7/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38057 | &nbsp;&nbsp; 32119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GDB Debt Recovery Authority of Puerto Rico<br> 7.50% 8/20/40 | 1563785 | &nbsp;&nbsp; 1309670 |
| &nbsp;&nbsp;&nbsp;**Total Municipal Bonds<br> (cost $1,537,200)** | &nbsp;&nbsp;&nbsp;**Total Municipal Bonds<br> (cost $1,537,200)** | &nbsp;&nbsp; **1357955** |
| &nbsp;&nbsp;**Loan Agreements — 3.09%** | &nbsp;&nbsp;**Loan Agreements — 3.09%** | &nbsp;&nbsp;**Loan Agreements — 3.09%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foresight Energy Operating Tranche A 12.73% (LIBOR03M + 8.00%) 6/30/27 • | &nbsp;&nbsp;&nbsp;&nbsp;504535 | &nbsp;&nbsp; 499489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Heartland Dental 9.323% (SOFR03M + 5.00%) 4/30/25 • | 1223850 | &nbsp;&nbsp; 1156538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MLN US Holdings 13.704% ((SOFR03M + 9.25%))Tranche B 10/18/27 • | &nbsp;&nbsp;&nbsp;&nbsp;971200 | &nbsp;&nbsp; 752680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MLN US Holdings 1st Lien 11.154% (SOFR03M + 6.70%) 10/18/27 • | 1928718 | &nbsp;&nbsp; 1562262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre Paid Legal Services 2nd Lien 11.384% (LIBOR03M + 7.00%) 12/14/29 • | &nbsp;&nbsp;&nbsp;&nbsp;820000 | &nbsp;&nbsp; 753375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;West Corporation Tranche B 8.415% (LIBOR01M + 4.00%) 10/10/24 • | 1354311 | &nbsp;&nbsp; 1247094 |
| &nbsp;&nbsp;&nbsp;**Total Loan Agreements<br> (cost $6,392,137)** | &nbsp;&nbsp;&nbsp;**Total Loan Agreements<br> (cost $6,392,137)** | &nbsp;&nbsp; **5971438** |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** |  |
| &nbsp;&nbsp;**Common Stocks — 2.91%** | &nbsp;&nbsp;**Common Stocks — 2.91%** | &nbsp;&nbsp;**Common Stocks — 2.91%** |
| &nbsp;&nbsp;Basic Industry — 0.60% | &nbsp;&nbsp;Basic Industry — 0.60% | &nbsp;&nbsp;Basic Industry — 0.60% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BIS Industries Holdings =, † | &nbsp;&nbsp;&nbsp;&nbsp;804308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foresight Energy = | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74057 | &nbsp;&nbsp;&nbsp;&nbsp;1138263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westmoreland Coal =, † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13063 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22730 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1160993 |
| &nbsp;&nbsp;Energy — 0.37% | &nbsp;&nbsp;Energy — 0.37% | &nbsp;&nbsp;Energy — 0.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KCA Deutag International =, † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vantage Drilling International † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3407 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716864 |
| &nbsp;&nbsp;Leisure — 1.37% | &nbsp;&nbsp;Leisure — 1.37% | &nbsp;&nbsp;Leisure — 1.37% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Cotai <<, =, † | &nbsp;&nbsp;&nbsp;&nbsp;971487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;895955 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Studio City International Holdings ADR † | &nbsp;&nbsp;&nbsp;&nbsp;108300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;645468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Studio City International Holdings ADR † | &nbsp;&nbsp;&nbsp;&nbsp;183525 | &nbsp;&nbsp;&nbsp;&nbsp;1093809 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2635232 |

---

4 NQ-IV010 [12/22] 2/23 (2745497)

------

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Common Stocks (continued)** | &nbsp;&nbsp;**Common Stocks (continued)** | &nbsp;&nbsp;**Common Stocks (continued)** |
| &nbsp;&nbsp;Media — 0.00% | &nbsp;&nbsp;Media — 0.00% | &nbsp;&nbsp;Media — 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulus Media Class A † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | $31 |
|  |  | &nbsp;&nbsp; 31 |
| &nbsp;&nbsp;Retail — 0.54% | &nbsp;&nbsp;Retail — 0.54% | &nbsp;&nbsp;Retail — 0.54% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;True Religion Apparel <<, =, † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61 | &nbsp;&nbsp; 1040638 |
|  |  | &nbsp;&nbsp; 1040638 |
| &nbsp;&nbsp;Utilities — 0.03% | &nbsp;&nbsp;Utilities — 0.03% | &nbsp;&nbsp;Utilities — 0.03% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Larchmont Resources =, † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1661 | &nbsp;&nbsp; 63930 |
|  |  | &nbsp;&nbsp; 63930 |
| &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $16,013,681)** | &nbsp;&nbsp;&nbsp;**Total Common Stocks<br> (cost $16,013,681)** | &nbsp;&nbsp; **5617688** |
| &nbsp;&nbsp;**Preferred Stock — 0.17%** | &nbsp;&nbsp;**Preferred Stock — 0.17%** | &nbsp;&nbsp;**Preferred Stock — 0.17%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;True Religion Apparel 6.25% <<, =, ω | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64 | &nbsp;&nbsp; 318675 |
| &nbsp;&nbsp;&nbsp;**Total Preferred Stock<br> (cost $1,048,855)** | &nbsp;&nbsp;&nbsp;**Total Preferred Stock<br> (cost $1,048,855)** | &nbsp;&nbsp; **318675** |
| &nbsp;&nbsp;**Exchange-Traded Fund — 2.79%** | &nbsp;&nbsp;**Exchange-Traded Fund — 2.79%** | &nbsp;&nbsp;**Exchange-Traded Fund — 2.79%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iShares iBoxx High Yield Corporate Bond ETF\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73000 | &nbsp;&nbsp; 5374990 |
| &nbsp;&nbsp;&nbsp;**Total Exchange-Traded Fund<br> (cost $6,315,544)** | &nbsp;&nbsp;&nbsp;**Total Exchange-Traded Fund<br> (cost $6,315,544)** | &nbsp;&nbsp; **5374990** |
| &nbsp;&nbsp;**Warrants — 0.02%** | &nbsp;&nbsp;**Warrants — 0.02%** | &nbsp;&nbsp;**Warrants — 0.02%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California Resources 36.00% † | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3140 | &nbsp;&nbsp; 39564 |
| &nbsp;&nbsp;&nbsp;**Total Warrants<br> (cost $273,250)** | &nbsp;&nbsp;&nbsp;**Total Warrants<br> (cost $273,250)** | &nbsp;&nbsp; **39564** |
| &nbsp;&nbsp;**Short-Term Investments — 14.77%** | &nbsp;&nbsp;**Short-Term Investments — 14.77%** | &nbsp;&nbsp;**Short-Term Investments — 14.77%** |
| &nbsp;&nbsp;Money Market Mutual Funds — 14.77% | &nbsp;&nbsp;Money Market Mutual Funds — 14.77% | &nbsp;&nbsp;Money Market Mutual Funds — 14.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.03%) | 7129665 | &nbsp;&nbsp; 7129665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.06%) | 7129665 | &nbsp;&nbsp; 7129665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 4.23%) | 7129665 | &nbsp;&nbsp; 7129665 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> shares** | **Value (US $)** |
| &nbsp;&nbsp;**Short-Term Investments (continued)** | &nbsp;&nbsp;**Short-Term Investments (continued)** | &nbsp;&nbsp;**Short-Term Investments (continued)** |
| &nbsp;&nbsp;Money Market Mutual Funds (continued) | &nbsp;&nbsp;Money Market Mutual Funds (continued) | &nbsp;&nbsp;Money Market Mutual Funds (continued) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 4.11%) | 7129665 | &nbsp;&nbsp;$7129665 |
| &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $28,518,660)** | &nbsp;&nbsp;&nbsp;**Total Short-Term Investments<br> (cost $28,518,660)** | &nbsp;&nbsp;&nbsp;&nbsp; **28518660** |
| &nbsp;&nbsp;&nbsp;**Total Value of Securities Before<br> Securities Lending Collateral—141.08%<br> (cost $315,957,200)** | &nbsp;&nbsp;&nbsp;**Total Value of Securities Before<br> Securities Lending Collateral—141.08%<br> (cost $315,957,200)** | &nbsp;&nbsp;&nbsp;&nbsp;**272331180** |
| &nbsp;&nbsp;**Securities Lending Collateral — 5.26%** | &nbsp;&nbsp;**Securities Lending Collateral — 5.26%** | &nbsp;&nbsp;**Securities Lending Collateral — 5.26%** |
| &nbsp;&nbsp;Money Market Mutual Fund — 5.26% | &nbsp;&nbsp;Money Market Mutual Fund — 5.26% | &nbsp;&nbsp;Money Market Mutual Fund — 5.26% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dreyfus Institutional Preference Government Money Market Fund - Institutional Shares (seven-day effective yield 4.31%) | 10160295 | &nbsp;&nbsp;&nbsp;&nbsp; 10160295 |
| &nbsp;&nbsp;&nbsp;**Total Securities Lending Collateral<br> (cost $10,160,295)** | &nbsp;&nbsp;&nbsp;**Total Securities Lending Collateral<br> (cost $10,160,295)** | &nbsp;&nbsp; **10,160,295■** |
| &nbsp;&nbsp;&nbsp;**Total Value of Securities—146.34%<br> (cost $326,117,495)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**282491475** |
| &nbsp;&nbsp;&nbsp;**Receivables and Other Assets Net of Liabilities — (1.27)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(2458766)** |
| &nbsp;&nbsp;&nbsp;**Obligation to Return Securities Lending Collateral — 5.26%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **10160295** |
| &nbsp;&nbsp;&nbsp;**Liabilities Net of Receivables and Other Assets — (41.08%)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**(79298471)** |
| &nbsp;&nbsp;&nbsp;**Net Assets Applicable to 16,570,235 Shares Outstanding—100.00%** |  | &nbsp;&nbsp;**$193032709** |

---

---

| | |
|:---|:---|
| <sup>°</sup> | Principal amount shown is stated in USD unless noted that the security is denominated in another currency. |
| <sup><<</sup> | Affiliated company. |
| <sup>=</sup> | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security. |
| <sup>#</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At December 31, 2022, the aggregate value of Rule 144A securities was $180,038,050, which represents 93.27% of the Fund's net assets. |
| <sup>μ</sup> | Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at December 31, 2022. Rate will reset at a future date. |
| <sup>ψ</sup> | Perpetual security. Maturity date represents next call date. |
| <sup>></sup> | PIK. 100% of the income received was in the form of cash. |
| <sup>\*</sup> | Fully or partially on loan. |
| <sup>‡</sup> | Non-income producing security. Security is currently in default. |

---

NQ-IV010 [12/22] 2/23 (2745497) 5

------

Delaware Ivy High Income Opportunities Fund (Unaudited)

---

| | |
|:---|:---|
| <sup>«</sup> | PIK. The first payment of cash and/or principal will be made after December 31, 2022. |
| <sup>^</sup> | Zero-coupon security. The rate shown is the effective yield at the time of purchase. |
| • | Variable rate investment. Rates reset periodically. Rate shown reflects the rate in effect at December 31, 2022. For securities based on a published reference rate and spread, the reference rate and spread are indicated in their descriptions. The reference rate descriptions (i.e. LIBOR03M, LIBOR06M, etc.) used in this report are identical for different securities, but the underlying reference rates may differ due to the timing of the reset period. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions, or for mortgage-backed securities, are impacted by the individual mortgages which are paying off over time. These securities do not indicate a reference rate and spread in their descriptions. |
| <sup>†</sup> | Non-income producing security. |
| <sup>ω</sup> | Perpetual security with no stated maturity date. |
| ■ | Includes $11,595,922 of securities loaned for which the counterparty pledged additional non-cash collateral valued at $1,776,201. |

---

---

| |
|:---|
| **Summary of abbreviations:** |
| ADR – American Depositary Receipt |
| DAC – Designated Activity Company |
| ETF – Exchange-Traded Fund |
| ICE – Intercontinental Exchange, Inc. |
| LIBOR – London Interbank Offered Rate |
| LIBOR01M – ICE LIBOR USD 1 Month |
| LIBOR03M – ICE LIBOR USD 3 Month |
| LIBOR06M – ICE LIBOR USD 6 Month |
| PIK – Payment-in-kind |
| SOFR – Secured Overnight Financing Rate |
| SOFR03M – Secured Overnight Financing Rate 3 Month |
| USD – US Dollar |

---

6 NQ-IV010 [12/22] 2/23 (2745497)

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Delaware Ivy High Income Opportunities Fund

- **b. Investment Company Act file number:** 811-22800

- **c. CIK number of Registrant:** 0001568292

- **d. LEI of Registrant:** 549300C130E3EJZ8ZQ39

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 215-255-1200

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

- **a. Name of Series:** Delaware Ivy High Income Opportunities Fund

- **c. LEI of Series:** 549300C130E3EJZ8ZQ39

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $203675814.86

**Total Liabilities:** $10577866.82

**Net Assets:** $193097948.04

**Cash Not Reported:** $1230416.79

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 860.98352000 | **5-Year:** 4496.93466000 | **10-Year:** 2976.30133000 | **30-Year:** 20.44552000

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

- **3-Month:** 37.81640000 | **1-Year:** 13450.94072000 | **5-Year:** 72262.00035000 | **10-Year:** 10640.17174000 | **30-Year:** 432.78007000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000000 | 3.61%                | 7.88%                | -0.61%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2586336.67             | $7882013.96                                |
| Month 2  | $-3023135.02             | $5534227.03                                |
| Month 3  | $-1902905.27             | $594791.41                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TRANSDIGM INC                                  | TransDigm Inc                                                               | CUSIP: 893647BL0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2591000 | PA      | $2438338.28   | 1.26%             | 2027-11-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                   | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    605000 | PA      | $626559.18    | 0.32%             | 2030-09-01      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| ISSUED DEBT PERSHING 1                         | ISSUED DEBT PERSHING 1                                                      | CUSIP: 000000000<br>LEI: N/A                  | Short            | DBT              | CORP              | US        | -87000000 | PA      | $-87000000.00 | -45.05%           | 2029-05-20      | Floating      | 4.00%                 | No            | N/A                | On Loan: No      |
| US RENAL CARE INC                              | US Renal Care Inc                                                           | CUSIP: 07335BAA4<br>LEI: 54930058SS5MF69JGN89 | Long             | DBT              | CORP              | US        |   2224000 | PA      | $489280.00    | 0.25%             | 2027-07-15      | Fixed         | 10.62%                | No            | 2                  | On Loan: No      |
| CRESTWOOD MID PARTNER LP                       | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp          | CUSIP: 226373AR9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    319000 | PA      | $293146.87    | 0.15%             | 2029-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| IRON MOUNTAIN INFO MGMT                        | Iron Mountain Information Management Services Inc                           | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3255000 | PA      | $2708633.60   | 1.40%             | 2032-07-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| TELESAT CANADA/TELESAT L                       | Telesat Canada / Telesat LLC                                                | CUSIP: 87952VAR7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   2310000 | PA      | $1065540.17   | 0.55%             | 2026-12-06      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| BOYD GAMING CORP                               | Boyd Gaming Corp                                                            | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   1465000 | PA      | $1276278.70   | 0.66%             | 2031-06-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ADT SEC CORP                                   | ADT Security Corp/The                                                       | CUSIP: 00109LAA1<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |   1590000 | PA      | $1354371.70   | 0.70%             | 2029-08-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| GOODYEAR TIRE & RUBBER                         | Goodyear Tire & Rubber Co/The                                               | CUSIP: 382550BR1<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   1735000 | PA      | $1421381.40   | 0.74%             | 2031-07-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| DEUTSCHE BANK AG                               | Deutsche Bank AG                                                            | CUSIP: 251525AX9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   3200000 | PA      | $2729829.12   | 1.41%             | N/A             | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| SVB FINANCIAL GROUP                            | SVB Financial Group                                                         | CUSIP: 78486QAG6<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |   1725000 | PA      | $995879.24    | 0.52%             | N/A             | Fixed         | 4.10%                 | No            | 2                  | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1195000 | PA      | $971230.28    | 0.50%             | 2032-02-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| DREYFUS INST PREF GOVT PLUS MMF - SL #4134     | DREYFUS INST PREF GOVT PLUS MMF - SL #4134                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  10160295 | NS      | $10160294.55  | 5.26%             |  |  |  | No            | 1                  | On Loan: No      |
| BELLATRIX EXPLORATION                          | Bellatrix Exploration Ltd                                                   | CUSIP: 078314AK7<br>LEI: 549300S2235IL73TH941 | Long             | DBT              | CORP              | CA        |    456000 | PA      | $0.00         | 0.00%             | 2023-12-15      | Variable      | 12.50%                | No            | 3                  | On Loan: No      |
| BIS INDUSTRIES (ARTSONIG)                      | BIS INDUSTRIES (ARTSONIG)                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    804308 | NS      | $0.00         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| VIBRANTZ TECH INC                              | Vibrantz Technologies Inc                                                   | CUSIP: 69357VAA3<br>LEI: 549300GYZ1T3S8OPH343 | Long             | DBT              | CORP              | US        |   1603000 | PA      | $1211804.84   | 0.63%             | 2030-02-15      | Fixed         | 9.00%                 | No            | 2                  | On Loan: No      |
| ENTEGRIS ESCROW CORP                           | Entegris Escrow Corp                                                        | CUSIP: 29365BAB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2155000 | PA      | $1990142.50   | 1.03%             | 2030-06-15      | Fixed         | 5.95%                 | No            | 2                  | On Loan: No      |
| KCA-KELLY TOPCO                                | KCA-KELLY TOPCO                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11090 | NS      | $713456.67    | 0.37%             |  |  |  | No            | 3                  | On Loan: No      |
| CASTLELAKE AVIATION FIN                        | Castlelake Aviation Finance DAC                                             | CUSIP: 14856HAA6<br>LEI: 2138006F7SMD1COVC345 | Long             | DBT              | CORP              | IE        |   1680000 | PA      | $1464017.18   | 0.76%             | 2027-04-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| AERCAP HOLDINGS NV                             | AerCap Holdings NV                                                          | CUSIP: 00774YAA7<br>LEI: 549300SZYINBBLJQU475 | Long             | DBT              | CORP              | NL        |   1418000 | PA      | $1293088.38   | 0.67%             | 2079-10-10      | Fixed         | 5.88%                 | No            | 2                  | On Loan: —       |
| WESCO AIRCRAFT HOLDINGS                        | Wesco Aircraft Holdings Inc                                                 | CUSIP: 97789LAC0<br>LEI: 529900P5VTXZS191P208 | Long             | DBT              | CORP              | US        |   2414000 | PA      | $1194930.00   | 0.62%             | 2024-11-15      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| WHITE CAP PARENT LLC                           | White Cap Parent LLC                                                        | CUSIP: 96351CAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13000 | PA      | $11254.62     | 0.01%             | 2026-03-15      | Fixed         | 8.25%                 | No            | 2                  | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                    | CUSIP: 431318AV6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    275000 | PA      | $238234.89    | 0.12%             | 2031-02-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    580000 | PA      | $438376.88    | 0.23%             | 2030-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| USA COM PART/USA COM FIN                       | USA Compression Partners LP / USA Compression Finance Corp                  | CUSIP: 91740PAF5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1460000 | PA      | $1367443.74   | 0.71%             | 2027-09-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| CREDIT SUISSE GROUP AG                         | Credit Suisse Group AG                                                      | CUSIP: 225401AX6<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |   1760000 | PA      | $1537478.62   | 0.80%             | N/A             | Fixed         | 9.75%                 | No            | 2                  | On Loan: No      |
| CHS/COMMUNITY HEALTH SYS                       | CHS/Community Health Systems Inc                                            | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    480000 | PA      | $349389.60    | 0.18%             | 2031-02-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                      | CUSIP: 04364VAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    711000 | PA      | $690785.91    | 0.36%             | 2026-11-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| CONNECT FINCO SARL/CONNE                       | Connect Finco SARL / Connect US Finco LLC                                   | CUSIP: 20752TAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   2645000 | PA      | $2456727.58   | 1.27%             | 2026-10-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                       | Digicel International Finance Ltd/Digicel international Holdings Ltd        | CUSIP: 25381VAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1482000 | PA      | $1276861.56   | 0.66%             | 2024-05-25      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                               | CUSIP: 143658BL5<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   3190000 | PA      | $2534023.39   | 1.31%             | 2026-03-01      | Fixed         | 7.62%                 | No            | 2                  | On Loan: No      |
| NCR CORP                                       | NCR Corp                                                                    | CUSIP: 62886EAY4<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    856000 | PA      | $731164.64    | 0.38%             | 2028-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| VTR COMUNICACIONES SPA                         | VTR Comunicaciones SpA                                                      | CUSIP: 918367AC7<br>LEI: 213800XDZJKMC1AEUV94 | Long             | DBT              | CORP              | CL        |   1182000 | PA      | $694017.21    | 0.36%             | 2029-04-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| CRESTWOOD MID PARTNER LP                       | Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp          | CUSIP: 226373AQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    597000 | PA      | $556236.84    | 0.29%             | 2027-05-01      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| DIRECTV FIN LLC/COINC                          | Directv Financing LLC / Directv Financing Co-Obligor Inc                    | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2445000 | PA      | $2192089.20   | 1.14%             | 2027-08-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| COMPASS GROUP DIVERSIFIE                       | Compass Group Diversified Holdings LLC                                      | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |    937000 | PA      | $803094.27    | 0.42%             | 2029-04-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                                  | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    665000 | PA      | $625288.39    | 0.32%             | 2027-10-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| BOYD GAMING CORP                               | Boyd Gaming Corp                                                            | CUSIP: 103304BU4<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   1605000 | PA      | $1497208.20   | 0.78%             | 2027-12-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: —       |
| MSILF Government Portfolio                     | MSILF Government Portfolio                                                  | CUSIP: 61747C707<br>LEI: 549300BI6Y5SI6BYPB26 | Long             | STIV             | RF                | US        |   7129665 | NS      | $7129664.59   | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| NORTHWEST FIBER LLC/NORT                       | Northwest Fiber LLC / Northwest Fiber Finance Sub Inc                       | CUSIP: 667449AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1005000 | PA      | $885518.26    | 0.46%             | 2027-04-30      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| PUERTO RICO CMWLTH                             | Commonwealth of Puerto Rico                                                 | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     17435 | PA      | $16166.08     | 0.01%             | 2024-07-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| BAUSCH HEALTH COS INC                          | Bausch Health Cos Inc                                                       | CUSIP: 071734AP2<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |   1145000 | PA      | $791057.60    | 0.41%             | 2027-02-01      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| AIR LEASE CORP                                 | Air Lease Corp                                                              | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    742000 | PA      | $621959.17    | 0.32%             | N/A             | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| HEARTLAND DENTAL LLC                           | Heartland Dental LLC                                                        | CUSIP: 42236WAT4<br>LEI: 5493008FRC0GRKBN1075 | Long             | LON              | CORP              | US        |   1223850 | PA      | $1156538.25   | 0.60%             | 2025-04-30      | Floating      | 9.32%                 | No            | 2                  | On Loan: No      |
| ATHENAHEALTH GROUP INC                         | AthenaHealth Group Inc                                                      | CUSIP: 60337JAA4<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | DBT              | CORP              | US        |    735000 | PA      | $543023.29    | 0.28%             | 2030-02-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| BELLATRIX EXPLORATION                          | Bellatrix Exploration Ltd                                                   | CUSIP: 078314AF8<br>LEI: 549300S2235IL73TH941 | Long             | DBT              | CORP              | CA        |    418000 | PA      | $0.00         | 0.00%             | 2023-09-11      | Fixed         | 8.50%                 | No            | 3                  | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                        | CUSIP: 35906ABG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    830000 | PA      | $687762.90    | 0.36%             | 2029-05-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | CUSIP: 03969YAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    231000 | PA      | $196515.21    | 0.10%             | 2028-09-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                  | CUSIP: 92858RAB6<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |   3290000 | PA      | $2679063.45   | 1.39%             | 2031-07-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| DOMTAR CORP                                    | Domtar Corp                                                                 | CUSIP: 70478JAA2<br>LEI: XYSIJOU3HNVROZWNA008 | Long             | DBT              | CORP              | US        |    600000 | PA      | $526241.46    | 0.27%             | 2028-10-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| STAPLES INC                                    | Staples Inc                                                                 | CUSIP: 855030AP7<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   2612000 | PA      | $1885028.16   | 0.98%             | 2027-04-15      | Fixed         | 10.75%                | No            | 2                  | On Loan: —       |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                           | CUSIP: 30251GBD8<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |   1215000 | PA      | $1133561.59   | 0.59%             | 2030-04-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1788655.60   | 0.93%             | 2028-03-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| ORGANON & CO/ORG                               | Organon & Co / Organon Foreign Debt Co-Issuer BV                            | CUSIP: 68622TAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2445000 | PA      | $2121368.31   | 1.10%             | 2031-04-30      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2535000 | PA      | $2387120.78   | 1.24%             | 2029-09-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| ENTEGRIS ESCROW CORP                           | Entegris Escrow Corp                                                        | CUSIP: 29365BAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    794000 | PA      | $725678.13    | 0.38%             | 2029-04-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| CALLON PETROLEUM                               | Callon Petroleum Co                                                         | CUSIP: 13123XBD3<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |   1785000 | PA      | $1703923.16   | 0.88%             | 2028-08-01      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| GRAY TELEVISION INC                            | Gray Television Inc                                                         | CUSIP: 389375AL0<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    830000 | PA      | $601750.00    | 0.31%             | 2030-10-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ALTICE FRANCE HOLDING SA                       | Altice France Holding SA                                                    | CUSIP: 02156TAB0<br>LEI: 5299000JVHXKJPOE6H40 | Long             | DBT              | CORP              | LU        |   4582000 | PA      | $3503626.30   | 1.81%             | 2027-05-15      | Fixed         | 10.50%                | No            | 2                  | On Loan: No      |
| CMG MEDIA CORPORATION                          | CMG Media Corp                                                              | CUSIP: 88146LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1575000 | PA      | $1187991.00   | 0.62%             | 2027-12-15      | Fixed         | 8.88%                 | No            | 2                  | On Loan: No      |
| WHITE CAP BUYER LLC                            | White Cap Buyer LLC                                                         | CUSIP: 96350RAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1622000 | PA      | $1405696.24   | 0.73%             | 2028-10-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| WEST CORP                                      | Intrado Corp                                                                | CUSIP: 68162RAC5<br>LEI: 5493005Z5DB0O5S30R71 | Long             | LON              | CORP              | US        |   1354311 | PA      | $1247093.92   | 0.65%             | 2024-10-10      | Floating      | 8.75%                 | No            | 2                  | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                       | CUSIP: 88033GDN7<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   1385000 | PA      | $1201238.20   | 0.62%             | 2030-01-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| ELDORADO GOLD CORP                             | Eldorado Gold Corp                                                          | CUSIP: 284902AF0<br>LEI: 5493004PWQ01YDD1IH62 | Long             | DBT              | CORP              | CA        |   1170000 | PA      | $1025074.44   | 0.53%             | 2029-09-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| MIDCAP FINANCIAL ISSR TR                       | Midcap Financial Issuer Trust                                               | CUSIP: 59567LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    877000 | PA      | $755504.81    | 0.39%             | 2028-05-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| PAR PHARMACEUTICAL INC                         | Par Pharmaceutical Inc                                                      | CUSIP: 69888XAA7<br>LEI: 549300KK5WR4MGN4YT97 | Long             | DBT              | CORP              | US        |   1188000 | PA      | $905374.44    | 0.47%             | 2027-04-01      | Variable      | 7.50%                 | No            | 2                  | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                       | Cheplapharm Arzneimittel GmbH                                               | CUSIP: 16412EAA5<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |   1655000 | PA      | $1386525.90   | 0.72%             | 2028-01-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                 | CUSIP: 043436AV6<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    964040 | PA      | $807573.03    | 0.42%             | 2030-03-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| VISTRA CORP                                    | Vistra Corp                                                                 | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   2465000 | PA      | $2246547.26   | 1.16%             | N/A             | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| NESCO HOLDINGS II INC                          | NESCO Holdings II Inc                                                       | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1467802.50   | 0.76%             | 2029-04-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| VISTRA CORP                                    | Vistra Corp                                                                 | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   1340000 | PA      | $1282476.21   | 0.66%             | N/A             | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| ASCENT RESOURCES/ARU FIN                       | Ascent Resources Utica Holdings LLC / ARU Finance Corp                      | CUSIP: 04364VAU7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    896000 | PA      | $800065.28    | 0.41%             | 2029-06-30      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| BlackRock Liquidity FedFund                    | BlackRock Liquidity FedFund                                                 | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   7129665 | NS      | $7129664.56   | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                               | CUSIP: 143658BR2<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1340000 | PA      | $895464.38    | 0.46%             | 2029-05-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| VZ SECURED FINANCING BV                        | VZ Secured Financing BV                                                     | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |   1015000 | PA      | $826647.87    | 0.43%             | 2032-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                            | CUSIP: 126307BH9<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    619000 | PA      | $430631.49    | 0.22%             | 2031-11-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| BATH & BODY WORKS INC                          | Bath & Body Works Inc                                                       | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $890700.00    | 0.46%             | 2035-11-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| FMG RESOURCES AUG 2006                         | FMG Resources August 2006 Pty Ltd                                           | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |    550000 | PA      | $513724.75    | 0.27%             | 2032-04-15      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                         | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   3641000 | PA      | $3062172.03   | 1.59%             | 2029-11-01      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| HUB INTERNATIONAL LTD                          | HUB International Ltd                                                       | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   2420000 | PA      | $2116731.41   | 1.10%             | 2029-12-01      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| STAPLES INC                                    | Staples Inc                                                                 | CUSIP: 855030AN2<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   1930000 | PA      | $1665088.20   | 0.86%             | 2026-04-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| LAREDO PETROLEUM INC                           | Laredo Petroleum Inc                                                        | CUSIP: 516806AG1<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |   1161000 | PA      | $1133988.52   | 0.59%             | 2028-01-15      | Fixed         | 10.12%                | No            | 2                  | On Loan: —       |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                 | CUSIP: 780153BG6<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |   5963000 | PA      | $4769326.66   | 2.47%             | 2028-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| GRAY ESCROW II INC                             | Gray Escrow II Inc                                                          | CUSIP: 389286AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $133650.48    | 0.07%             | 2031-11-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| LARCHMONT RESOURCES                            | LARCHMONT RESOURCES                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1661 | NS      | $63929.64     | 0.03%             |  |  |  | No            | 3                  | On Loan: No      |
| NFP CORP                                       | NFP Corp                                                                    | CUSIP: 65342RAD2<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |   2541000 | PA      | $2100083.14   | 1.09%             | 2028-08-15      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| FORESIGHT ENERGY                               | FORESIGHT ENERGY                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74057 | NS      | $1138263.62   | 0.59%             |  |  |  | No            | 3                  | On Loan: No      |
| NEW COTAI EQUITY                               | NEW COTAI EQUITY                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    971487 | NS      | $895954.84    | 0.46%             |  |  |  | No            | 3                  | On Loan: No      |
| HADRIAN MERGER SUB                             | Hadrian Merger Sub Inc                                                      | CUSIP: 42239PAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    369000 | PA      | $326640.65    | 0.17%             | 2026-05-01      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                       | Consensus Cloud Solutions Inc                                               | CUSIP: 20848VAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    897000 | PA      | $826198.44    | 0.43%             | 2028-10-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| COMMSCOPE TECH LLC                             | CommScope Technologies LLC                                                  | CUSIP: 20337YAA5<br>LEI: M4TWC4QDOKW45N7T6Y12 | Long             | DBT              | CORP              | US        |    930000 | PA      | $848215.80    | 0.44%             | 2025-06-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| ADVANTAGE SALES & MARKET                       | Advantage Sales & Marketing Inc                                             | CUSIP: 00775PAA5<br>LEI: 549300T4O24KQDED1182 | Long             | DBT              | CORP              | US        |   2185000 | PA      | $1669296.30   | 0.86%             | 2028-11-15      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| PETSMART INC/PETSMART FI                       | PetSmart Inc / PetSmart Finance Corp                                        | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2164455.25   | 1.12%             | 2029-02-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| GRUPO AEROMEXICO SAB                           | Grupo Aeromexico SAB de CV                                                  | CUSIP: 40054JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |   1600000 | PA      | $1415186.56   | 0.73%             | 2027-03-17      | Fixed         | 8.50%                 | No            | 2                  | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                        | CUSIP: 35906ABE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2671000 | PA      | $2486086.67   | 1.29%             | 2027-10-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| NUSTAR LOGISTICS LP                            | NuStar Logistics LP                                                         | CUSIP: 67059TAH8<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   1530000 | PA      | $1417452.74   | 0.73%             | 2030-10-01      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                        | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    395000 | PA      | $402384.33    | 0.21%             | 2030-05-15      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| NCR CORP                                       | NCR Corp                                                                    | CUSIP: 62886EAZ1<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    285000 | PA      | $235590.98    | 0.12%             | 2030-10-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                | CUSIP: 1248EPCE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1081000 | PA      | $895511.21    | 0.46%             | 2030-08-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| NEXSTAR MEDIA INC                              | Nexstar Media Inc                                                           | CUSIP: 65336YAN3<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1429741.50   | 0.74%             | 2028-11-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA/France                                                     | CUSIP: 02156LAF8<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    866000 | PA      | $650823.42    | 0.34%             | 2029-07-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                   | CUSIP: 674599CN3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |     95000 | PA      | $73116.28     | 0.04%             | 2048-03-15      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| Vantage Drilling International                 | Vantage Drilling International                                              | CUSIP: 000000000<br>LEI: 549300T9QN1134QR7185 | Long             | EC               | CORP              | US        |       235 | NS      | $3407.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| MODIVCARE ESCROW ISSUER                        | ModivCare Escrow Issuer Inc                                                 | CUSIP: 60783XAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1720000 | PA      | $1452712.00   | 0.75%             | 2029-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| ALLISON TRANSMISSION INC                       | Allison Transmission Inc                                                    | CUSIP: 019736AF4<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1359564.38   | 0.70%             | 2029-06-01      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                       | Digicel International Finance Ltd/Digicel international Holdings Ltd        | CUSIP: 25381XAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    120811 | PA      | $53417.79     | 0.03%             | 2026-12-31      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| JONES DESLAURIERS INSURA                       | Jones Deslauriers Insurance Management Inc                                  | CUSIP: 48020RAA3<br>LEI: 549300JQIWNFU00E5424 | Long             | DBT              | CORP              | CA        |   2850000 | PA      | $2810539.19   | 1.46%             | 2030-12-15      | Fixed         | 10.50%                | No            | 2                  | On Loan: No      |
| USA COM PART/USA COM FIN                       | USA Compression Partners LP / USA Compression Finance Corp                  | CUSIP: 91740PAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    250000 | PA      | $240223.75    | 0.12%             | 2026-04-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| SS&C TECHNOLOGIES INC                          | SS&C Technologies Inc                                                       | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1360717.85   | 0.70%             | 2027-09-30      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| SPRINT LLC                                     | Sprint LLC                                                                  | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1381402.86   | 0.72%             | 2026-03-01      | Fixed         | 7.62%                 | No            | 2                  | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC                        | Stagwell Global LLC                                                         | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1472000 | PA      | $1216541.76   | 0.63%             | 2029-08-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| WESCO AIRCRAFT HOLDINGS                        | Wesco Aircraft Holdings Inc                                                 | CUSIP: 97789LAA4<br>LEI: 529900P5VTXZS191P208 | Long             | DBT              | CORP              | US        |    343000 | PA      | $86607.50     | 0.04%             | 2027-11-15      | Fixed         | 13.12%                | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                   | CUSIP: 674599CY9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    735000 | PA      | $574905.98    | 0.30%             | 2049-08-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                 | CUSIP: 043436AW4<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     31000 | PA      | $26158.42     | 0.01%             | 2029-11-15      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| SOUTHWESTERN ENERGY CO                         | Southwestern Energy Co                                                      | CUSIP: 845467AR0<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |    280000 | PA      | $259981.40    | 0.13%             | 2029-02-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                              | CUSIP: 78573NAF9<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    114000 | PA      | $109747.23    | 0.06%             | 2025-09-01      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                       | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    355000 | PA      | $312310.19    | 0.16%             | 2030-02-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                   | CUSIP: 674599DL6<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    670000 | PA      | $690934.15    | 0.36%             | 2046-03-15      | Fixed         | 6.60%                 | No            | 2                  | On Loan: No      |
| SC GAMES HOLDIN/US FINCO                       | Scientific Games Holdings LP/Scientific Games US FinCo Inc                  | CUSIP: 80874DAA4<br>LEI: 549300W5GPFXXB6TQ330 | Long             | DBT              | CORP              | US        |   1645000 | PA      | $1391670.00   | 0.72%             | 2030-03-01      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                        | CUSIP: 35908MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    455605 | PA      | $353082.85    | 0.18%             | 2029-11-01      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| ARCHES BUYER INC                               | Arches Buyer Inc                                                            | CUSIP: 039524AB9<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |   1715000 | PA      | $1378594.18   | 0.71%             | 2028-12-01      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                | CUSIP: 131347CP9<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |   1205000 | PA      | $1035888.97   | 0.54%             | 2029-02-01      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| VTR FINANCE BV                                 | VTR Finance NV                                                              | CUSIP: 918374AA7<br>LEI: 213800F4XI4RJB82XM19 | Long             | DBT              | CORP              | NL        |   1087000 | PA      | $421534.03    | 0.22%             | 2028-07-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| SCIENTIFIC GAMES INTERNA                       | Scientific Games International Inc                                          | CUSIP: 80874YBE9<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1490000 | PA      | $1433082.00   | 0.74%             | 2029-11-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| CNX MIDSTREAM PART LP                          | CNX Midstream Partners LP                                                   | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    204000 | PA      | $167680.86    | 0.09%             | 2030-04-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| GDB DEBT RECOVERY AUTH OF CMWL                 | GDB Debt Recovery Authority of Puerto Rico                                  | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1563785 | PA      | $1309670.10   | 0.68%             | 2040-08-20      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| MEDLINE BORROWER LP                            | Medline Borrower LP                                                         | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1805000 | PA      | $1457979.73   | 0.76%             | 2029-04-01      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA/France                                                     | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   2659000 | PA      | $2427507.46   | 1.26%             | 2027-02-01      | Fixed         | 8.12%                 | No            | 2                  | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                             | CUSIP: 20903XAH6<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |    417000 | PA      | $308065.96    | 0.16%             | 2028-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                             | CUSIP: 37185LAL6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1210000 | PA      | $1115692.60   | 0.58%             | 2028-02-01      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| PILGRIM'S PRIDE CORP                           | Pilgrim's Pride Corp                                                        | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   1372000 | PA      | $1168944.00   | 0.61%             | 2031-04-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| TRUE RELIGION PREFERRED                        | TRUE RELIGION PREFERRED                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |        64 | NS      | $318675.00    | 0.17%             |  |  |  | No            | 3                  | On Loan: No      |
| UNITED RENTALS NORTH AM                        | United Rentals North America Inc                                            | CUSIP: 911365BQ6<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |   4095000 | PA      | $4077289.13   | 2.11%             | 2029-12-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| NCR CORP                                       | NCR Corp                                                                    | CUSIP: 62886EAV0<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |    393000 | PA      | $368107.38    | 0.19%             | 2029-09-01      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| SEALED AIR CORP                                | Sealed Air Corp                                                             | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |    795000 | PA      | $748448.78    | 0.39%             | 2029-04-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                               | CUSIP: 345370CQ1<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    990000 | PA      | $712847.42    | 0.37%             | 2043-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| AMC NETWORKS INC                               | AMC Networks Inc                                                            | CUSIP: 00164VAF0<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   1685000 | PA      | $1052396.24   | 0.55%             | 2029-02-15      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| ARD FINANCE SA                                 | ARD Finance SA                                                              | CUSIP: 00191AAD8<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |    610732 | PA      | $425748.91    | 0.22%             | 2027-06-30      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| PG&E CORP                                      | PG&E Corp                                                                   | CUSIP: 69331CAJ7<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   3010000 | PA      | $2743720.35   | 1.42%             | 2030-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| AHERN RENTALS INC                              | Ahern Rentals Inc                                                           | CUSIP: 008674AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1402000 | PA      | $1402000.00   | 0.73%             | 2023-05-15      | Fixed         | 7.38%                 | No            | 2                  | On Loan: No      |
| iShares iBoxx High Yield Corporate Bond ETF    | iShares iBoxx High Yield Corporate Bond ETF                                 | CUSIP: 464288513<br>LEI: N/A                  | Long             | EC               | RF                | US        |     73000 | NS      | $5374990.00   | 2.78%             |  |  |  | No            | 1                  | On Loan: —       |
| GENESIS ENERGY LP/FIN                          | Genesis Energy LP / Genesis Energy Finance Corp                             | CUSIP: 37185LAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1912000 | PA      | $1808407.84   | 0.94%             | 2027-01-15      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                 | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     31000 | PA      | $25544.00     | 0.01%             | 2032-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Studio City International Hold                 | Studio City International Holdings Ltd                                      | CUSIP: 86389T106<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    108300 | NS      | $645468.00    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                         | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   2086000 | PA      | $1644681.46   | 0.85%             | 2029-08-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| NCR CORP                                       | NCR Corp                                                                    | CUSIP: 62886EBA5<br>LEI: 549300YKTY8JX1DV2R67 | Long             | DBT              | CORP              | US        |   2389000 | PA      | $2002240.49   | 1.04%             | 2029-04-15      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| TRUE RELIGION COMMON                           | TRUE RELIGION COMMON                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        61 | NS      | $1040638.15   | 0.54%             |  |  |  | No            | 3                  | On Loan: No      |
| BOMBARDIER INC                                 | Bombardier Inc                                                              | CUSIP: 097751BX8<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    772000 | PA      | $714825.68    | 0.37%             | 2028-02-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| MURPHY OIL CORP                                | Murphy Oil Corp                                                             | CUSIP: 626717AN2<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |   3028000 | PA      | $2918930.53   | 1.51%             | 2028-07-15      | Fixed         | 6.38%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                   | CUSIP: 674599DK8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    380000 | PA      | $304420.66    | 0.16%             | 2044-07-15      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| MESQUITE ENERGY INC                            | MESQUITE ENERGY INC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    257000 | PA      | $4176.25      | 0.00%             | 2023-02-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                    | CUSIP: 431318AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1701277.11   | 0.88%             | 2030-04-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| SOUTHWESTERN ENERGY CO                         | Southwestern Energy Co                                                      | CUSIP: 845467AS8<br>LEI: EFWMP121W54QV9MGOP87 | Long             | DBT              | CORP              | US        |   2785000 | PA      | $2545334.04   | 1.32%             | 2030-03-15      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA/France                                                     | CUSIP: 02156LAH4<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    469000 | PA      | $358463.74    | 0.19%             | 2029-10-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| MLN US HOLDCO LLC                              | MLN US HOLDCO LLC                                                           | CUSIP: 55292HAL7<br>LEI: 549300QKU7NPW6O86862 | Long             | LON              | CORP              | US        |    971200 | PA      | $752680.00    | 0.39%             | 2027-10-18      | Floating      | 13.67%                | No            | 2                  | On Loan: No      |
| PRE-PAID LEGAL SERVICES                        | Pre-Paid Legal Services Inc                                                 | CUSIP: 74006LAU6<br>LEI: 549300DKH5WJ2J8QU878 | Long             | LON              | CORP              | US        |    820000 | PA      | $753375.00    | 0.39%             | 2029-12-15      | Floating      | 11.34%                | No            | 2                  | On Loan: No      |
| BARCLAYS PLC                                   | Barclays PLC                                                                | CUSIP: 06738EBN4<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1240000 | PA      | $1133050.00   | 0.59%             | N/A             | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| ROYAL CARIBBEAN CRUISES                        | Royal Caribbean Cruises Ltd                                                 | CUSIP: 780153BJ0<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    180000 | PA      | $151650.00    | 0.08%             | 2026-08-31      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| SABLE INTL FINANCE LTD                         | Sable International Finance Ltd                                             | CUSIP: 785712AG5<br>LEI: 2138009IE9A35LO5JS73 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $184850.00    | 0.10%             | 2027-09-07      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| CALIFORNIA RESOURCES CORP                      | CALIFORNIA RESOURCES -CW27                                                  | CUSIP: 13057Q123<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |      3140 | NS      | $39564.00     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| TENET HEALTHCARE CORP                          | Tenet Healthcare Corp                                                       | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2600000 | PA      | $2333318.00   | 1.21%             | 2028-10-01      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| KRONOS ACQ / KIK CUSTOM                        | Kronos Acquisition Holdings Inc / KIK Custom Products Inc                   | CUSIP: 50106GAE2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    875000 | PA      | $757968.75    | 0.39%             | 2026-12-31      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| SENSATA TECHNOLOGIES BV                        | Sensata Technologies BV                                                     | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   1410000 | PA      | $1218028.50   | 0.63%             | 2029-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| SPIRIT AIRLINES INC                            | Spirit Airlines Inc                                                         | CUSIP: 848577AB8<br>LEI: 549300DCAFIXFNFR3304 | Long             | DBT              | CORP              | US        |    426000 | PA      | $345060.00    | 0.18%             | 2026-05-15      | Fixed         | 1.00%                 | No            | 2                  | On Loan: No      |
| CONSENSUS CLOUD SOLUTION                       | Consensus Cloud Solutions Inc                                               | CUSIP: 20848VAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    661000 | PA      | $621013.27    | 0.32%             | 2026-10-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| SEASPAN CORP                                   | Seaspan Corp                                                                | CUSIP: 81254UAK2<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |   2530000 | PA      | $1920598.90   | 0.99%             | 2029-08-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                             | CUSIP: 00253XAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1053791 | PA      | $965020.49    | 0.50%             | 2029-04-20      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                          | Scotts Miracle-Gro Co/The                                                   | CUSIP: 810186AX4<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     60000 | PA      | $45924.67     | 0.02%             | 2031-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| ENCOMPASS HEALTH CORP                          | Encompass Health Corp                                                       | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |    550000 | PA      | $473616.99    | 0.25%             | 2031-04-01      | Fixed         | 4.62%                 | No            | 2                  | On Loan: No      |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                         | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    905000 | PA      | $776351.08    | 0.40%             | 2030-04-15      | Fixed         | 8.75%                 | No            | 2                  | On Loan: No      |
| CERDIA FINANZ GMBH                             | Cerdia Finanz GmbH                                                          | CUSIP: 15679GAA0<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | DE        |   1155000 | PA      | $969090.51    | 0.50%             | 2027-02-15      | Fixed         | 10.50%                | No            | 2                  | On Loan: No      |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                           | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    466000 | PA      | $379967.22    | 0.20%             | 2031-01-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| ADTALEM GLOBAL EDUCATION                       | Adtalem Global Education Inc                                                | CUSIP: 00737WAA7<br>LEI: 549300Z467EZLMODV621 | Long             | DBT              | CORP              | US        |   1851000 | PA      | $1682040.72   | 0.87%             | 2028-03-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| WEATHERFORD INTERNATIONA                       | Weatherford International Ltd                                               | CUSIP: 947075AU1<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |   1475000 | PA      | $1419087.47   | 0.73%             | 2030-04-30      | Fixed         | 8.62%                 | No            | 2                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                   | CUSIP: 674599DF9<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    815000 | PA      | $833137.83    | 0.43%             | 2036-09-15      | Fixed         | 6.45%                 | No            | 2                  | On Loan: No      |
| CONSOLIDATED COMMUNICATI                       | Consolidated Communications Inc                                             | CUSIP: 20903XAF0<br>LEI: 549300WW675Y48HDVX34 | Long             | DBT              | CORP              | US        |   2244000 | PA      | $1749334.21   | 0.91%             | 2028-10-01      | Fixed         | 6.50%                 | No            | 2                  | On Loan: No      |
| WESTMORELAND COAL                              | WESTMORELAND COAL                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13063 | NS      | $22729.62     | 0.01%             |  |  |  | No            | 3                  | On Loan: No      |
| NFP CORP                                       | NFP Corp                                                                    | CUSIP: 65342RAF7<br>LEI: VO2L9FZNXDJNQNEYH039 | Long             | DBT              | CORP              | US        |    690000 | PA      | $653135.85    | 0.34%             | 2030-10-01      | Fixed         | 7.50%                 | No            | 2                  | On Loan: No      |
| HILCORP ENERGY I/HILCORP                       | Hilcorp Energy I LP / Hilcorp Finance Co                                    | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1011000 | PA      | $873894.04    | 0.45%             | 2032-04-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| NOVELIS CORP                                   | Novelis Corp                                                                | CUSIP: 670001AE6<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   2285000 | PA      | $2030953.70   | 1.05%             | 2030-01-30      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                            | CUSIP: 126307BK2<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |    862000 | PA      | $482720.00    | 0.25%             | 2031-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| MLN US HOLDCO LLC                              | MLN US HOLDCO LLC                                                           | CUSIP: 55292HAJ2<br>LEI: 549300QKU7NPW6O86862 | Long             | LON              | CORP              | US        |   1928718 | PA      | $1562261.84   | 0.81%             | 2027-10-18      | Floating      | 11.12%                | No            | 2                  | On Loan: No      |
| WESCO AIRCRAFT HOLDINGS                        | Wesco Aircraft Holdings Inc                                                 | CUSIP: 97789LAB2<br>LEI: 529900P5VTXZS191P208 | Long             | DBT              | CORP              | US        |   2572000 | PA      | $1742530.00   | 0.90%             | 2026-11-15      | Fixed         | 9.00%                 | No            | 2                  | On Loan: —       |
| BATH & BODY WORKS INC                          | Bath & Body Works Inc                                                       | CUSIP: 532716AK3<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $879005.60    | 0.46%             | 2033-03-01      | Fixed         | 6.95%                 | No            | 2                  | On Loan: No      |
| LITHIA MOTORS INC                              | Lithia Motors Inc                                                           | CUSIP: 536797AG8<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |    602000 | PA      | $495780.11    | 0.26%             | 2029-06-01      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| STUDIO CITY INTL ADR                           | STUDIO CITY INTL ADR                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    183525 | NS      | $1093809.00   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| CUMULUS MEDIA NEW HLDGS                        | Cumulus Media New Holdings Inc                                              | CUSIP: 23110AAA4<br>LEI: 5493001D9VBAVY1OKJ46 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1262370.00   | 0.65%             | 2026-07-01      | Fixed         | 6.75%                 | No            | 2                  | On Loan: No      |
| DISH DBS CORP                                  | DISH DBS Corp                                                               | CUSIP: 25470XBF1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1336000.00   | 0.69%             | 2028-12-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| AIR CANADA                                     | Air Canada                                                                  | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |   3050000 | PA      | $2706669.74   | 1.40%             | 2026-08-15      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| CLYDESDALE ACQUISITION                         | Clydesdale Acquisition Holdings Inc                                         | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    275000 | PA      | $261807.01    | 0.14%             | 2029-04-15      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| CHEMOURS CO                                    | Chemours Co/The                                                             | CUSIP: 163851AF5<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   1665000 | PA      | $1497834.00   | 0.78%             | 2028-11-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| CALPINE CORP                                   | Calpine Corp                                                                | CUSIP: 131347CQ7<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |    135000 | PA      | $113468.70    | 0.06%             | 2031-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CSC HOLDINGS LLC                               | CSC Holdings LLC                                                            | CUSIP: 126307BA4<br>LEI: 3HG2WD2W22M120IUNG49 | Long             | DBT              | CORP              | US        |   4480000 | PA      | $2536553.60   | 1.31%             | 2030-01-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| CARNIVAL CORP                                  | Carnival Corp                                                               | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |   1750000 | PA      | $1252597.50   | 0.65%             | 2027-03-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund                              | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |   7129665 | NS      | $7129664.59   | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| OCCIDENTAL PETROLEUM COR                       | Occidental Petroleum Corp                                                   | CUSIP: 674599CJ2<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    369000 | PA      | $288851.36    | 0.15%             | 2046-04-15      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| LSF9 ATL HLDG/VICTRA FIN                       | LSF9 Atlantis Holdings LLC / Victra Finance Corp                            | CUSIP: 50220MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2337000 | PA      | $2071306.47   | 1.07%             | 2026-02-15      | Fixed         | 7.75%                 | No            | 2                  | On Loan: No      |
| HIGHLAND HOLDINGS BOND                         | Highlands Holdings Bond Issuer Ltd / Highlands Holdings Bond Co-Issuer Inc  | CUSIP: 43103QAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1518011 | PA      | $1420301.49   | 0.74%             | 2025-10-15      | Fixed         | 7.62%                 | No            | 2                  | On Loan: No      |
| NEW COTAI EQUITY                               | NEW COTAI EQUITY                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1042759 | PA      | $2404214.15   | 1.25%             | 2027-02-02      | Fixed         | 5.00%                 | No            | 3                  | On Loan: No      |
| FORESIGHT ENERGY LLC                           | Foresight Energy LLC                                                        | CUSIP: 34552KAB2<br>LEI: 549300HM3UR1W0JJ7F28 | Long             | LON              | CORP              | US        |    504534 | PA      | $499489.10    | 0.26%             | 2027-06-30      | Floating      | 12.37%                | No            | 2                  | On Loan: No      |
| SABRE GLBL INC                                 | Sabre GLBL Inc                                                              | CUSIP: 78573NAC6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |    288000 | PA      | $287388.58    | 0.15%             | 2025-04-15      | Fixed         | 9.25%                 | No            | 2                  | On Loan: No      |
| GARTNER INC                                    | Gartner Inc                                                                 | CUSIP: 366651AC1<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |   2910000 | PA      | $2718231.00   | 1.41%             | 2028-07-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| PUERTO RICO CMWLTH                             | Commonwealth of Puerto Rico                                                 | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     38057 | PA      | $32118.59     | 0.02%             | 2035-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| EQM MIDSTREAM PARTNERS L                       | EQM Midstream Partners LP                                                   | CUSIP: 26885BAL4<br>LEI: 549300NELT611CL6XM83 | Long             | DBT              | CORP              | US        |   3038000 | PA      | $2489504.29   | 1.29%             | 2031-01-15      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| CALLON PETROLEUM CO                            | Callon Petroleum Co                                                         | CUSIP: 13123XBF8<br>LEI: 549300EFOWPEB0WLZW21 | Long             | DBT              | CORP              | US        |   1045000 | PA      | $957533.50    | 0.50%             | 2030-06-15      | Fixed         | 7.50%                 | No            | 2                  | On Loan: —       |
| FRONTIER COMMUNICATIONS                        | Frontier Communications Holdings LLC                                        | CUSIP: 35906ABF4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    280000 | PA      | $244722.80    | 0.13%             | 2028-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| CNX RESOURCES CORP                             | CNX Resources Corp                                                          | CUSIP: 12653CAJ7<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1617459.07   | 0.84%             | 2029-01-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| MAUSER PACKAGING SOLUT                         | Mauser Packaging Solutions Holding Co                                       | CUSIP: 12429TAD6<br>LEI: 549300DNGHXL0OMHW304 | Long             | DBT              | CORP              | US        |   1610000 | PA      | $1568795.59   | 0.81%             | 2024-04-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fidelity Government Portfolio                  | Fidelity Government Portfolio                                               | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   7129665 | NS      | $7129664.59   | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| SIRIUS XM RADIO INC                            | Sirius XM Radio Inc                                                         | CUSIP: 82967NBG2<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   3325000 | PA      | $2751321.13   | 1.42%             | 2030-07-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP                        | Asbury Automotive Group Inc                                                 | CUSIP: 043436AU8<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |    936040 | PA      | $825273.71    | 0.43%             | 2028-03-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| MICHAELS COS INC/THE                           | Michaels Cos Inc/The                                                        | CUSIP: 55916AAA2<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   1009000 | PA      | $812987.32    | 0.42%             | 2028-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| GO DADDY OPCO/FINCO                            | Go Daddy Operating Co LLC / GD Finance Co Inc                               | CUSIP: 38016LAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3270000 | PA      | $2741868.51   | 1.42%             | 2029-03-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| CDW LLC/CDW FINANCE                            | CDW LLC / CDW Finance Corp                                                  | CUSIP: 12513GBJ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2520000 | PA      | $2081296.22   | 1.08%             | 2031-12-01      | Fixed         | 3.57%                 | No            | 2                  | On Loan: No      |
| Cumulus Media Inc                              | Cumulus Media Inc                                                           | CUSIP: 231082801<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         5 | NS      | $31.05        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| NUSTAR LOGISTICS LP                            | NuStar Logistics LP                                                         | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |   1509000 | PA      | $1455622.44   | 0.75%             | 2026-06-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Delaware Ivy High Income Opportunities Fund

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration