# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0000933691-25-001182
**Filing Date:** 2025-8
**Character Count:** 136983
**Document Hash:** d3d30c6304957bd3ad4dfe3a4dca2027
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000933691-25-001182.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0000933691-25-001182

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691

**ORGANIZATION NAME:**
- **EIN:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 251266050

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL/PPM AMERICA HIGH YIELD BOND FUND (Series ID: S000001740)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000004647 | JNL/PPM AMERICA HIGH YIELD BOND FUND (A) |  |
| C000067978 | JNL/PPM AMERICA HIGH YIELD BOND FUND (I) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JNL Series Trust

- **b. Investment Company Act file number:** 811-8894

- **c. CIK number of Registrant:** 0000933691

- **d. LEI of Registrant:** 549300T5WIPN6IWM0D45

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

  - **Street Address 1:** 1 Corporate Way

  - **City:** Lansing

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48951

  - **Telephone number:** 517-367-4336

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

- **a. Name of Series:** JNL/PPM America High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000001740

- **c. LEI of Series:** 5493007632SQKKA38R44

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $1464898698.44

**Total Liabilities:** $90112852.31

**Net Assets:** $1374785846.13

**Cash Not Reported:** $3582296.19

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -8.940463262070 | **1-Year:** -5776.979291043951 | **5-Year:** -22222.771240175488 | **10-Year:** -14072.435281795619 | **30-Year:** -32376.279596446468

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

- **3-Month:** -504.614144493671 | **1-Year:** -43265.181338128521 | **5-Year:** -214267.692362252679 | **10-Year:** -59111.558223623575 | **30-Year:** -26609.438678722252

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004647 | -0.30%               | 1.67%                | 1.70%                |
| Class ID C000067978 | -0.30%               | 1.70%                | 1.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4874470.81             | $-8506280.82                               |
| Month 2  | $-876053.36              | $15554479.15                               |
| Month 3  | $-97587.67               | $15074200.07                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ford Motor Company                                        | Ford Motor Company                                        | CUSIP: 345370CX6<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   1826000 | PA      | $2100155.64   | 0.15%             | 2030-04-22      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                             | Ford Motor Credit Company LLC                             | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1646000 | PA      | $1709885.54   | 0.12%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation And Infrastructure Investors LLC  | Fortress Transportation And Infrastructure Investors LLC  | CUSIP: 34960PAF8<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   2306000 | PA      | $2385238.59   | 0.17%             | 2031-05-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Fortress Transportation And Infrastructure Investors LLC  | Fortress Transportation And Infrastructure Investors LLC  | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   1315000 | PA      | $1358221.35   | 0.10%             | 2032-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Fortress Intermediate 3 Inc.                              | Fortress Intermediate 3 Inc.                              | CUSIP: 34966MAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3177000 | PA      | $3332823.72   | 0.24%             | 2031-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Foundry JV Holdco LLC                                     | Foundry JV Holdco LLC                                     | CUSIP: 350930AG8<br>LEI: 21380048QROAMGM6EP30 | Long             | DBT              | CORP              | US        |   6555000 | PA      | $6799667.34   | 0.49%             | 2033-01-25      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Corporation                              | Freedom Mortgage Corporation                              | CUSIP: 35640YAH0<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   3398000 | PA      | $3398554.49   | 0.25%             | 2026-05-01      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Corporation                              | Freedom Mortgage Corporation                              | CUSIP: 35640YAJ6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   1455000 | PA      | $1458783.31   | 0.11%             | 2027-01-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Corporation                              | Freedom Mortgage Corporation                              | CUSIP: 35640YAL1<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   2962000 | PA      | $3284199.01   | 0.24%             | 2030-10-01      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                             | Freedom Mortgage Holdings LLC                             | CUSIP: 35641AAA6<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |   4230000 | PA      | $4392661.99   | 0.32%             | 2029-02-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                             | Freedom Mortgage Holdings LLC                             | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   3644000 | PA      | $3677405.71   | 0.27%             | 2032-04-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Frontier Communications Parent, Inc.                      | Frontier Communications Parent, Inc.                      | CUSIP: 35906ABG2<br>LEI: 549300ZCZ76HYCS0H445 | Long             | DBT              | CORP              | US        |   4132000 | PA      | $4186976.84   | 0.30%             | 2029-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Frontier Communications Holdings, LLC                     | Frontier Communications Holdings, LLC                     | CUSIP: 35908MAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2786000 | PA      | $2913628.33   | 0.21%             | 2030-05-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Frontier Communications Holdings, LLC                     | Frontier Communications Holdings, LLC                     | CUSIP: 35908MAE0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2570000 | PA      | $2731474.95   | 0.20%             | 2031-03-15      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| Genesee & Wyoming Inc.                                    | Genesee & Wyoming Inc.                                    | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |   3518000 | PA      | $3594439.84   | 0.26%             | 2032-04-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Global Atlantic Financial Company                         | Global Atlantic Financial Company                         | CUSIP: 37959GAG2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4005000 | PA      | $4180158.68   | 0.30%             | 2054-10-15      | Fixed         | 7.95%                 | Yes           |                  2 | On Loan: No      |
| Global Aviation Leasing Co., Ltd.                         | Global Aviation Leasing Co., Ltd.                         | CUSIP: 37960JAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8690000 | PA      | $8908621.46   | 0.65%             | 2027-09-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Goat Holdco LLC                                           | Goat Holdco LLC                                           | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3624000 | PA      | $3689402.87   | 0.27%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc., The                            | Goldman Sachs Group, Inc., The                            | CUSIP: 38141GA79<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   4640000 | PA      | $4886858.72   | 0.36%             | 2500-12-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Gray Media, Inc.                                          | Gray Media, Inc.                                          | CUSIP: 389286AA3<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |   5592000 | PA      | $4179132.44   | 0.30%             | 2031-11-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Greystar Real Estate Partners, LLC                        | Greystar Real Estate Partners, LLC                        | CUSIP: 39807UAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4361000 | PA      | $4627060.95   | 0.34%             | 2030-09-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Grifols Escrow Issuer S.A.                                | Grifols Escrow Issuer S.A.                                | CUSIP: 39843UAA0<br>LEI: 959800HLB3PGTGSLVV62 | Long             | DBT              | CORP              | US        |   4336000 | PA      | $4160523.51   | 0.30%             | 2028-10-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Grupo Nutresa S.A.                                        | Grupo Nutresa S.A.                                        | CUSIP: 40055CAA1<br>LEI: 549300TN5BQ4P1MC6407 | Long             | DBT              | CORP              | US        |   3950000 | PA      | $4138612.50   | 0.30%             | 2030-05-12      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Grupo Nutresa S.A.                                        | Grupo Nutresa S.A.                                        | CUSIP: 40055CAB9<br>LEI: 549300TN5BQ4P1MC6407 | Long             | DBT              | CORP              | US        |   3388000 | PA      | $3666832.40   | 0.27%             | 2035-05-12      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: —       |
| PM General Purchaser LLC                                  | PM General Purchaser LLC                                  | CUSIP: 69356MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3452000 | PA      | $2406546.68   | 0.18%             | 2028-10-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                         | PennyMac Financial Services, Inc.                         | CUSIP: 70932MAC1<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   6331000 | PA      | $6209144.46   | 0.45%             | 2031-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                         | PennyMac Financial Services, Inc.                         | CUSIP: 70932MAG2<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4605605.15   | 0.34%             | 2032-05-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                           | Sabre GLBL Inc.                                           | CUSIP: 78573NAL6<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   3265000 | PA      | $3356529.67   | 0.24%             | 2029-11-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: —       |
| Sabre GLBL Inc.                                           | Sabre GLBL Inc.                                           | CUSIP: 78573NAM4<br>LEI: F2TJC7HPPHLHU1AQMP98 | Long             | DBT              | CORP              | US        |   1693000 | PA      | $1771700.87   | 0.13%             | 2030-07-15      | Fixed         | 11.13%                | Yes           |                  2 | On Loan: No      |
| Seagate HDD Cayman                                        | Seagate HDD Cayman                                        | CUSIP: 81180WBD2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | US        |   1080000 | PA      | $988559.00    | 0.07%             | 2031-01-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BT5<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   5027000 | PA      | $4772743.89   | 0.35%             | 2054-10-01      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Sempra                                                    | Sempra                                                    | CUSIP: 816851BV0<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | DBT              | CORP              | US        |   3550000 | PA      | $3366493.40   | 0.24%             | 2055-04-01      | Fixed         | 6.55%                 | No            |                  2 | On Loan: No      |
| Sigma Holdco B.V.                                         | Sigma Holdco B.V.                                         | CUSIP: 82660CAA0<br>LEI: 254900RAPCKVT00GAO59 | Long             | DBT              | CORP              | NL        |   2748000 | PA      | $2745430.70   | 0.20%             | 2026-05-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Smyrna Ready Mix Concrete, LLC                            | Smyrna Ready Mix Concrete, LLC                            | CUSIP: 83283WAE3<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   8683000 | PA      | $9109392.17   | 0.66%             | 2031-11-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corporation                               | OneMain Finance Corporation                               | CUSIP: 85172FAR0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2550000 | PA      | $2508646.22   | 0.18%             | 2029-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Sprint Capital Corporation                                | Sprint Capital Corporation                                | CUSIP: 852060AD4<br>LEI: 549300L17W0GQBR1PO80 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1213267.10   | 0.09%             | 2028-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Star Leasing Company, LLC                                 | Star Leasing Company, LLC                                 | CUSIP: 854938AA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6717000 | PA      | $6659131.30   | 0.48%             | 2030-02-15      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| Staples, Inc.                                             | Staples, Inc.                                             | CUSIP: 855030AQ5<br>LEI: XQM2JINI1UL7642TU573 | Long             | DBT              | CORP              | US        |   4435000 | PA      | $4212339.01   | 0.31%             | 2029-09-01      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                                 | Stonepeak Nile Parent LLC                                 | CUSIP: 861932AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2595000 | PA      | $2752255.18   | 0.20%             | 2032-03-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| TKC Holdings, Inc.                                        | TKC Holdings, Inc.                                        | CUSIP: 87256YAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3518000 | PA      | $3613001.30   | 0.26%             | 2029-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| TKC Holdings, Inc.                                        | TKC Holdings, Inc.                                        | CUSIP: 87256YAC7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3145947.87   | 0.23%             | 2028-05-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Telesat Canada                                            | Telesat Canada                                            | CUSIP: 87952VAR7<br>LEI: 5493004V5GLBY6SO5Y34 | Long             | DBT              | CORP              | US        |   5533000 | PA      | $3320294.04   | 0.24%             | 2026-12-06      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                              | Tenet Healthcare Corporation                              | CUSIP: 88033GDM9<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   4328000 | PA      | $4200660.29   | 0.31%             | 2029-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                              | Tenet Healthcare Corporation                              | CUSIP: 88033GDQ0<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   3224000 | PA      | $3279964.55   | 0.24%             | 2030-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corporation                              | Tenet Healthcare Corporation                              | CUSIP: 88033GDR8<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2403040.44   | 0.17%             | 2030-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Deutsche Bank Aktiengesellschaft                          | Deutsche Bank Aktiengesellschaft                          | CUSIP: 251526CF4<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | US        |   4530000 | PA      | $4143042.87   | 0.30%             | 2032-01-14      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| DIRECTV Financing, LLC                                    | DIRECTV Financing, LLC                                    | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  10923000 | PA      | $10885645.74  | 0.79%             | 2027-08-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Duke Energy Corporation                                   | Duke Energy Corporation                                   | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   4263000 | PA      | $4397071.35   | 0.32%             | 2054-09-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| EQT Corporation                                           | EQT Corporation                                           | CUSIP: 26884LBG3<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | DBT              | CORP              | US        |   1957000 | PA      | $1993465.76   | 0.15%             | 2027-06-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Edison International                                      | Edison International                                      | CUSIP: 281020BC0<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |    698000 | PA      | $708886.43    | 0.05%             | 2030-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EG Global Finance PLC                                     | EG Global Finance PLC                                     | CUSIP: 28228PAC5<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | US        |   6115000 | PA      | $6751483.20   | 0.49%             | 2028-11-30      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| Encore Capital Group, Inc.                                | Encore Capital Group, Inc.                                | CUSIP: 292554AQ5<br>LEI: 5493000UVC6H49CIH830 | Long             | DBT              | CORP              | US        |   3160000 | PA      | $3362520.51   | 0.24%             | 2029-04-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Enerflex Ltd.                                             | Enerflex Ltd.                                             | CUSIP: 29269RAA3<br>LEI: 54930014N7872VUS3F89 | Long             | DBT              | CORP              | US        |   6776000 | PA      | $6987809.36   | 0.51%             | 2027-10-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Energy Transfer LP                                        | Energy Transfer LP                                        | CUSIP: 29273VAX8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   2518000 | PA      | $2679301.82   | 0.19%             | 2054-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Entegris, Inc.                                            | Entegris, Inc.                                            | CUSIP: 29362UAC8<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   4302000 | PA      | $4186339.01   | 0.30%             | 2028-04-15      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Entegris Escrow Corporation                               | Entegris Escrow Corporation                               | CUSIP: 29365BAA1<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   2663000 | PA      | $2620891.31   | 0.19%             | 2029-04-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Entegris Escrow Corporation                               | Entegris Escrow Corporation                               | CUSIP: 29365BAB9<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | DBT              | CORP              | US        |   7036000 | PA      | $7138053.66   | 0.52%             | 2030-06-15      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| Excelerate Energy Limited Partnership                     | Excelerate Energy Limited Partnership                     | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |   2917000 | PA      | $3074109.24   | 0.22%             | 2030-05-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| FMG Resources (August 2006) Pty Ltd                       | FMG Resources (August 2006) Pty Ltd                       | CUSIP: 30251GBC0<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | US        |   5849000 | PA      | $5449299.99   | 0.40%             | 2031-04-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| First Quantum Minerals Ltd                                | First Quantum Minerals Ltd                                | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | US        |   2184000 | PA      | $2185108.36   | 0.16%             | 2027-10-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: —       |
| First Quantum Minerals Ltd                                | First Quantum Minerals Ltd                                | CUSIP: 335934AU9<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | US        |   6755000 | PA      | $7009102.56   | 0.51%             | 2031-06-01      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| Toronto-Dominion Bank, The                                | Toronto-Dominion Bank, The                                | CUSIP: 89117F8Z5<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | US        |   3923000 | PA      | $4114171.71   | 0.30%             | 2082-10-31      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| TransDigm Inc.                                            | TransDigm Inc.                                            | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   1833000 | PA      | $1872105.00   | 0.14%             | 2028-08-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Inc.                                            | TransDigm Inc.                                            | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   3751000 | PA      | $3857178.28   | 0.28%             | 2029-03-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Inc.                                            | TransDigm Inc.                                            | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   4281000 | PA      | $4434030.64   | 0.32%             | 2032-03-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| TransDigm Inc.                                            | TransDigm Inc.                                            | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   2475000 | PA      | $2488877.03   | 0.18%             | 2033-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Transmontaigne Partners LLC                               | Transmontaigne Partners LLC                               | CUSIP: 89377AAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3248000 | PA      | $3379809.52   | 0.25%             | 2030-06-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Transocean Aquila Ltd.                                    | Transocean Aquila Ltd.                                    | CUSIP: 893790AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    802338 | PA      | $810707.44    | 0.06%             | 2028-09-30      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Transocean Inc                                            | Transocean Inc                                            | CUSIP: 893830BL2<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | US        |   9251000 | PA      | $9110902.67   | 0.66%             | 2027-02-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: —       |
| Transocean Poseidon Limited                               | Transocean Poseidon Limited                               | CUSIP: 89383JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1885275 | PA      | $1888421.09   | 0.14%             | 2027-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Transocean Titan Financing Ltd.                           | Transocean Titan Financing Ltd.                           | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    843238 | PA      | $862517.47    | 0.06%             | 2028-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Trinseo Luxco Finance SPV S.a r.l.                        | Trinseo Luxco Finance SPV S.a r.l.                        | CUSIP: 89668JAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4789750 | PA      | $2765724.08   | 0.20%             | 2029-05-03      | Fixed         | 7.63%                 | Yes           |                  2 | On Loan: No      |
| Trivium Packaging Finance B.V.                            | Trivium Packaging Finance B.V.                            | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | US        |   2351000 | PA      | $2484514.32   | 0.18%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| UBS Group AG                                              | UBS Group AG                                              | CUSIP: 902613AJ7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | US        |   5602000 | PA      | $5457228.58   | 0.40%             | 2500-12-31      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| UWM Holdings Corporation                                  | UWM Holdings Corporation                                  | CUSIP: 903522AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4772000 | PA      | $4778275.42   | 0.35%             | 2030-02-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| United Natural Foods, Inc.                                | United Natural Foods, Inc.                                | CUSIP: 911163AA1<br>LEI: 549300GKGW6WPZ282D40 | Long             | DBT              | CORP              | US        |   5449000 | PA      | $5382585.84   | 0.39%             | 2028-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Uniti Group Inc.                                          | Uniti Group Inc.                                          | CUSIP: 91327TAC5<br>LEI: 549300V3NU625PJUVA84 | Long             | DBT              | CORP              | US        |   7517000 | PA      | $7595557.39   | 0.55%             | 2032-06-15      | Fixed         | 8.63%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications Inc.                             | Univision Communications Inc.                             | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   5640000 | PA      | $5626331.69   | 0.41%             | 2027-06-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Univision Communications Inc.                             | Univision Communications Inc.                             | CUSIP: 914906AZ5<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |   4810000 | PA      | $4816055.36   | 0.35%             | 2031-07-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Var Energi ASA                                            | Var Energi ASA                                            | CUSIP: 92212WAF7<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | US        |   3420000 | PA      | $3508823.90   | 0.26%             | 2030-05-22      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                       | Venture Global Plaquemines LNG, LLC                       | CUSIP: 922966AA4<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1335000 | PA      | $1430166.18   | 0.10%             | 2033-05-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Venture Global Plaquemines LNG, LLC                       | Venture Global Plaquemines LNG, LLC                       | CUSIP: 922966AB2<br>LEI: 549300TKP4I6OJ02BF90 | Long             | DBT              | CORP              | US        |   1462000 | PA      | $1583893.40   | 0.12%             | 2035-05-01      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                  | Venture Global LNG, Inc.                                  | CUSIP: 92332YAA9<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   3483000 | PA      | $3597178.52   | 0.26%             | 2028-06-01      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                  | Venture Global LNG, Inc.                                  | CUSIP: 92332YAC5<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   6128000 | PA      | $6677641.71   | 0.49%             | 2029-02-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Citgo Petroleum Corporation                               | Citgo Petroleum Corporation                               | CUSIP: 17302XAN6<br>LEI: YX52P86PXMLYDOTUQ225 | Long             | DBT              | CORP              | US        |  10103000 | PA      | $10510297.09  | 0.76%             | 2029-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                      | Clear Channel Outdoor Holdings, Inc.                      | CUSIP: 18453H106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    335394 | NS      | $392410.98    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc.                                     | Cleveland-Cliffs Inc.                                     | CUSIP: 185899AQ4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |   4490000 | PA      | $4421367.52   | 0.32%             | 2029-11-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                | Cloud Software Group, Inc.                                | CUSIP: 18912UAA0<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   3260000 | PA      | $3379909.58   | 0.25%             | 2029-09-30      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| iHeartMedia, Inc.                                         | iHeartMedia, Inc.                                         | CUSIP: 45174J509<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140821 | NS      | $247844.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Imola Merger Corporation                                  | Imola Merger Corporation                                  | CUSIP: 45258LAA5<br>LEI: 549300KJMEWPKRQZHX63 | Long             | DBT              | CORP              | US        |   6379000 | PA      | $6166250.46   | 0.45%             | 2029-05-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                               | Crescent Energy Finance LLC                               | CUSIP: 45344LAG8<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   3919000 | PA      | $3920572.58   | 0.29%             | 2034-01-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Intelsat Jackson Holdings S.A.                            | Intelsat Jackson Holdings S.A.                            | CUSIP: 45824TBC8<br>LEI: 8XJ8KF85PBKK1TLMFN29 | Long             | DBT              | CORP              | US        |   6819000 | PA      | $6954948.90   | 0.51%             | 2030-03-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Intelligent Packaging Limited Purchaser Inc.              | Intelligent Packaging Limited Purchaser Inc.              | CUSIP: 45827MAA5<br>LEI: 254900JBR5LB4U762R68 | Long             | DBT              | CORP              | US        |   5697000 | PA      | $5697000.00   | 0.41%             | 2028-09-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| JH North America Holdings Inc.                            | JH North America Holdings Inc.                            | CUSIP: 46593WAA3<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    211000 | PA      | $212847.95    | 0.02%             | 2031-01-31      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| JH North America Holdings Inc.                            | JH North America Holdings Inc.                            | CUSIP: 46593WAB1<br>LEI: 254900A6FXA0D81TL967 | Long             | DBT              | CORP              | US        |    306000 | PA      | $311091.31    | 0.02%             | 2032-07-31      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| JNL Government Money Market Fund                          | JNL Government Money Market Fund                          | CUSIP: 46628D437<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  79649018 | NS      | $79649018.32  | 5.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Entertainment, Inc.                                | Jacobs Entertainment, Inc.                                | CUSIP: 469815AK0<br>LEI: 5493004U9JIWY3HSUO63 | Long             | DBT              | CORP              | US        |   4800000 | PA      | $4640618.02   | 0.34%             | 2029-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Jaguar Land Rover Automotive PLC                          | Jaguar Land Rover Automotive PLC                          | CUSIP: 47010BAJ3<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | US        |   3441000 | PA      | $3446171.48   | 0.25%             | 2025-10-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group, LLC                                    | Jane Street Group, LLC                                    | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   7173000 | PA      | $7540501.63   | 0.55%             | 2031-04-30      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Jane Street Group, LLC                                    | Jane Street Group, LLC                                    | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |   2259000 | PA      | $2328318.88   | 0.17%             | 2033-05-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| JBS USA Lux S.A.                                          | JBS USA Lux S.A.                                          | CUSIP: 47214BAD0<br>LEI: P77IMDGVZE8EFBTF2M92 | Long             | DBT              | CORP              | US        |   5805000 | PA      | $6543238.68   | 0.48%             | 2053-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Kenya, Government of                                      | Kenya, Government of                                      | CUSIP: 491798AN4<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | US        |   3579000 | PA      | $3364260.00   | 0.24%             | 2036-03-05      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Kimmeridge Texas Gas, LLC                                 | Kimmeridge Texas Gas, LLC                                 | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |   6403000 | PA      | $6627404.85   | 0.48%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Kinetik Holdings LP                                       | Kinetik Holdings LP                                       | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   3351000 | PA      | $3380625.62   | 0.25%             | 2030-06-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| LABL Escrow Issuer LLC                                    | LABL Escrow Issuer LLC                                    | CUSIP: 50168AAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3630000 | PA      | $3474761.74   | 0.25%             | 2027-07-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: —       |
| LCPR Senior Secured Financing Designated Activity Company | LCPR Senior Secured Financing Designated Activity Company | CUSIP: 50201DAA1<br>LEI: 549300LE5FM8IKMXSP90 | Long             | DBT              | CORP              | US        |   4147000 | PA      | $2787010.59   | 0.20%             | 2027-10-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Las Vegas Sands Corp.                                     | Las Vegas Sands Corp.                                     | CUSIP: 517834AN7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |   2293000 | PA      | $2365146.72   | 0.17%             | 2030-06-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating, LLC                          | Permian Resources Operating, LLC                          | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   3388000 | PA      | $3511840.85   | 0.26%             | 2032-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Permian Resources Operating, LLC                          | Permian Resources Operating, LLC                          | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   2573000 | PA      | $2596628.45   | 0.19%             | 2033-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PetSmart, LLC                                             | PetSmart, LLC                                             | CUSIP: 71677KAB4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5556000 | PA      | $5411038.13   | 0.39%             | 2029-02-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Pilgrim's Pride Corporation                               | Pilgrim's Pride Corporation                               | CUSIP: 72147KAH1<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   1977000 | PA      | $1781079.30   | 0.13%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Pilgrim's Pride Corporation                               | Pilgrim's Pride Corporation                               | CUSIP: 72147KAJ7<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   5763000 | PA      | $5555820.15   | 0.40%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Prairie Provident Resources Inc.                          | Prairie Provident Resources Inc.                          | CUSIP: 73965Q102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    224333 | NS      | $4621.26      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| QVC, Inc.                                                 | QVC, Inc.                                                 | CUSIP: 747262BA0<br>LEI: 549300WBLU5NKPX5X472 | Long             | DBT              | CORP              | US        |   3831000 | PA      | $1608789.91   | 0.12%             | 2029-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: —       |
| Queen Mergerco, Inc.                                      | Queen Mergerco, Inc.                                      | CUSIP: 74825NAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3527000 | PA      | $3641363.96   | 0.26%             | 2032-04-30      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| RHP Hotel Properties, LP                                  | RHP Hotel Properties, LP                                  | CUSIP: 749571AK1<br>LEI: 549300SJMSMA2471GA96 | Long             | DBT              | CORP              | US        |   6522000 | PA      | $6706579.90   | 0.49%             | 2032-04-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Radiology Partners, Inc.                                  | Radiology Partners, Inc.                                  | CUSIP: 75041VAE4<br>LEI: 549300SFTAG2177WUZ08 | Long             | DBT              | CORP              | US        |   7036000 | PA      | $7053580.50   | 0.51%             | 2032-07-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Rand Parent LLC                                           | Rand Parent LLC                                           | CUSIP: 753272AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4389000 | PA      | $4403340.71   | 0.32%             | 2030-02-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: —       |
| Raven Acquisition Holding LLC                             | Raven Acquisition Holding LLC                             | CUSIP: 75420NAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7165000 | PA      | $7159948.96   | 0.52%             | 2031-11-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Regal Rexnord Corporation                                 | Regal Rexnord Corporation                                 | CUSIP: 758750AP8<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | DBT              | CORP              | US        |   3831000 | PA      | $4042258.96   | 0.29%             | 2033-04-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Resorts World Las Vegas LLC                               | Resorts World Las Vegas LLC                               | CUSIP: 76120HAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3308000 | PA      | $2933492.02   | 0.21%             | 2029-04-16      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Resorts World Las Vegas LLC                               | Resorts World Las Vegas LLC                               | CUSIP: 76120HAD9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3093000 | PA      | $3059602.22   | 0.22%             | 2030-07-27      | Fixed         | 8.45%                 | Yes           |                  2 | On Loan: No      |
| Rocket Companies, Inc.                                    | Rocket Companies, Inc.                                    | CUSIP: 77311WAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3321000 | PA      | $3384339.24   | 0.25%             | 2030-08-01      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Rocket Companies, Inc.                                    | Rocket Companies, Inc.                                    | CUSIP: 77311WAB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3321000 | PA      | $3398709.64   | 0.25%             | 2033-08-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Rocket Software, Inc.                                     | Rocket Software, Inc.                                     | CUSIP: 77314EAA6<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   4516000 | PA      | $4389449.22   | 0.32%             | 2029-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Rocket Software, Inc.                                     | Rocket Software, Inc.                                     | CUSIP: 77314EAB4<br>LEI: 549300PVG26ISP5X1556 | Long             | DBT              | CORP              | US        |   2624000 | PA      | $2706906.78   | 0.20%             | 2028-11-28      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                              | Royal Caribbean Cruises Ltd.                              | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | US        |   2957000 | PA      | $3016498.09   | 0.22%             | 2033-02-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Ally Financial Inc.                                       | Ally Financial Inc.                                       | CUSIP: 02005NBN9<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2290000 | PA      | $2056266.96   | 0.15%             | 2500-12-31      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc.                                       | Ally Financial Inc.                                       | CUSIP: 02005NBY5<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   3228000 | PA      | $3175024.00   | 0.23%             | 2040-01-17      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Altice Financing S.A.                                     | Altice Financing S.A.                                     | CUSIP: 02154CAH6<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | US        |  11695000 | PA      | $8566587.50   | 0.62%             | 2029-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Altice France Holding S.A.                                | Altice France Holding S.A.                                | CUSIP: 02156LAA9<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   9775000 | PA      | $8798238.60   | 0.64%             | 2027-02-01      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings, LLC                                         | CCO Holdings, LLC                                         | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3973000 | PA      | $3707486.99   | 0.27%             | 2031-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings, LLC                                         | CCO Holdings, LLC                                         | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2199000 | PA      | $2046538.23   | 0.15%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC                                         | CCO Holdings, LLC                                         | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3170000 | PA      | $2821331.92   | 0.21%             | 2034-01-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: —       |
| CCO Holdings, LLC                                         | CCO Holdings, LLC                                         | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2844000 | PA      | $2695918.15   | 0.20%             | 2032-02-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                            | Community Health Systems, Inc.                            | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   3920000 | PA      | $3782200.95   | 0.28%             | 2029-01-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Community Health Systems, Inc.                            | Community Health Systems, Inc.                            | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   5210000 | PA      | $5515299.12   | 0.40%             | 2032-01-15      | Fixed         | 10.88%                | Yes           |                  2 | On Loan: No      |
| CMG Media Corporation                                     | CMG Media Corporation                                     | CUSIP: 125773AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7330000 | PA      | $6972562.37   | 0.51%             | 2029-06-18      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Bip-V Chinook                                             | Bip-V Chinook                                             | CUSIP: 12657NAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8366000 | PA      | $8262411.77   | 0.60%             | 2031-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| CVS Health Corporation                                    | CVS Health Corporation                                    | CUSIP: 126650EH9<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2692000 | PA      | $2782855.00   | 0.20%             | 2055-03-10      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Cable One, Inc.                                           | Cable One, Inc.                                           | CUSIP: 12685JAC9<br>LEI: 549300648QS85T0XSH18 | Long             | DBT              | CORP              | US        |   8696000 | PA      | $6848689.15   | 0.50%             | 2030-11-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: —       |
| Carnival Corporation                                      | Carnival Corporation                                      | CUSIP: 143658BQ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |  29786000 | PA      | $29153047.50  | 2.12%             | 2028-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Carnival Corporation                                      | Carnival Corporation                                      | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | US        |   3577000 | PA      | $3656497.00   | 0.27%             | 2033-02-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: No      |
| Central Parent Inc.                                       | Central Parent Inc.                                       | CUSIP: 154915AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7409000 | PA      | $6132302.31   | 0.45%             | 2029-06-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Cerdia Finanz GmbH                                        | Cerdia Finanz GmbH                                        | CUSIP: 15679GAC6<br>LEI: 391200KURNDJSX9GX570 | Long             | DBT              | CORP              | US        |   6474000 | PA      | $6715386.13   | 0.49%             | 2031-10-03      | Fixed         | 9.38%                 | Yes           |                  2 | On Loan: No      |
| Champ Acquisition Corporation                             | Champ Acquisition Corporation                             | CUSIP: 15807XAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3524000 | PA      | $3757504.15   | 0.27%             | 2031-12-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Cimpress NV                                               | Cimpress NV                                               | CUSIP: 17186HAH5<br>LEI: 549300JJX3WMIPNL7R91 | Long             | DBT              | CORP              | US        |   7043000 | PA      | $6724132.54   | 0.49%             | 2032-09-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Citadel Limited Partnership                               | Citadel Limited Partnership                               | CUSIP: 17288XAD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    185000 | PA      | $191316.75    | 0.01%             | 2030-01-23      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                    | Citadel Securities Global Holdings LLC                    | CUSIP: 17289RAA4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |   2731000 | PA      | $2757300.08   | 0.20%             | 2030-06-18      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Citadel Securities Global Holdings LLC                    | Citadel Securities Global Holdings LLC                    | CUSIP: 17289RAB2<br>LEI: 549300NV5RXBUS3X7L47 | Long             | DBT              | CORP              | US        |   3352000 | PA      | $3439688.32   | 0.25%             | 2035-06-18      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| AMC Networks, Inc.                                        | AMC Networks, Inc.                                        | CUSIP: 00164VAG8<br>LEI: 549300VGG9K75226LR46 | Long             | DBT              | CORP              | US        |   4100328 | PA      | $4252817.23   | 0.31%             | 2029-01-15      | Fixed         | 10.25%                | Yes           |                  2 | On Loan: No      |
| Acrisure, LLC                                             | Acrisure, LLC                                             | CUSIP: 00489LAH6<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   3679000 | PA      | $3586754.81   | 0.26%             | 2029-08-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Acrisure, LLC                                             | Acrisure, LLC                                             | CUSIP: 00489LAK9<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   6408000 | PA      | $6628653.26   | 0.48%             | 2029-02-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Acrisure, LLC                                             | Acrisure, LLC                                             | CUSIP: 00489LAL7<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   1968000 | PA      | $2032462.23   | 0.15%             | 2030-11-06      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Acrisure, LLC                                             | Acrisure, LLC                                             | CUSIP: 004961AA6<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | DBT              | CORP              | US        |   3834000 | PA      | $3888033.18   | 0.28%             | 2032-07-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Osaic Holdings, Inc.                                      | Osaic Holdings, Inc.                                      | CUSIP: 00791GAA5<br>LEI: 549300XL60BDV6UW5C86 | Long             | DBT              | CORP              | US        |   5718000 | PA      | $5742411.63   | 0.42%             | 2027-08-01      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: —       |
| Aethon United BR LP                                       | Aethon United BR LP                                       | CUSIP: 00810GAD6<br>LEI: 5493007HPG2M9K9X5V41 | Long             | DBT              | CORP              | US        |   4428000 | PA      | $4639411.27   | 0.34%             | 2029-10-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Ahead DB Holdings, LLC                                    | Ahead DB Holdings, LLC                                    | CUSIP: 00867FAA6<br>LEI: 254900L07WFL833JX193 | Long             | DBT              | CORP              | US        |   7010000 | PA      | $7027922.68   | 0.51%             | 2028-05-01      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.          | Teva Pharmaceutical Finance Netherlands III B.V.          | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | US        |   2201000 | PA      | $2158346.67   | 0.16%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Finance Netherlands III B.V.          | Teva Pharmaceutical Finance Netherlands III B.V.          | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | US        |   3567000 | PA      | $3560301.96   | 0.26%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                | Cloud Software Group, Inc.                                | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   7090000 | PA      | $7154478.66   | 0.52%             | 2029-03-31      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                  | Venture Global LNG, Inc.                                  | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   3159000 | PA      | $3411464.78   | 0.25%             | 2032-02-01      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                  | Venture Global LNG, Inc.                                  | CUSIP: 92332YAE1<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   3540000 | PA      | $3582498.76   | 0.26%             | 2030-01-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                  | Venture Global LNG, Inc.                                  | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   6980000 | PA      | $6803047.44   | 0.49%             | 2500-12-31      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| ViaSat, Inc.                                              | ViaSat, Inc.                                              | CUSIP: 92552VAR1<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | DBT              | CORP              | US        |   3741000 | PA      | $3241676.01   | 0.24%             | 2031-05-30      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| Vistra Corp.                                              | Vistra Corp.                                              | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   4328000 | PA      | $4430332.05   | 0.32%             | 2500-12-31      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Vistra Corp.                                              | Vistra Corp.                                              | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   3150000 | PA      | $3415851.84   | 0.25%             | 2500-12-31      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Company LLC                             | Vistra Operations Company LLC                             | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   3865000 | PA      | $3866857.94   | 0.28%             | 2026-09-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Air Canada                                                | Air Canada                                                | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | US        |   6407000 | PA      | $6341675.51   | 0.46%             | 2026-08-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Bread Financial Payments, Inc.                            | Bread Financial Payments, Inc.                            | CUSIP: 018581AQ1<br>LEI: 549300G8S4PO686J7H97 | Long             | DBT              | CORP              | US        |   6722000 | PA      | $6750814.46   | 0.49%             | 2035-06-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: —       |
| Vistra Operations Company LLC                             | Vistra Operations Company LLC                             | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2859000 | PA      | $2854955.32   | 0.21%             | 2027-07-31      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Company LLC                             | Vistra Operations Company LLC                             | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1018000 | PA      | $991947.05    | 0.07%             | 2029-05-01      | Fixed         | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Vistra Operations Company LLC                             | Vistra Operations Company LLC                             | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   6596000 | PA      | $6896461.72   | 0.50%             | 2032-04-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| VistaJet Group Holding SA                                 | VistaJet Group Holding SA                                 | CUSIP: 92841HAA0<br>LEI: 5299001UK94VGT0CPQ36 | Long             | DBT              | CORP              | US        |   7307000 | PA      | $7505148.08   | 0.55%             | 2028-06-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: —       |
| NGL Energy Operating LLC                                  | NGL Energy Operating LLC                                  | CUSIP: 62922LAD0<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |   3462000 | PA      | $3465282.63   | 0.25%             | 2032-02-15      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Nabors Industries, Inc.                                   | Nabors Industries, Inc.                                   | CUSIP: 62957HAJ4<br>LEI: 549300VFQWRKICUFNU92 | Long             | DBT              | CORP              | US        |   7072000 | PA      | $6989469.83   | 0.51%             | 2027-05-15      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Voyager Parent, LLC                                       | Voyager Parent, LLC                                       | CUSIP: 92921EAA0<br>LEI: 2549002DYVI4ACSV4V71 | Long             | DBT              | CORP              | US        |   6581000 | PA      | $6859085.16   | 0.50%             | 2032-07-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Washington Mutual Bank, FA                                | Washington Mutual Bank, FA                                | CUSIP: 93933WAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $187.07       | 0.00%             | 2500-12-31      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate, LLC                        | Alliant Holdings Intermediate, LLC                        | CUSIP: 01883LAG8<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |   4379000 | PA      | $4467263.39   | 0.32%             | 2031-10-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                               | Allied Universal Holdco LLC                               | CUSIP: 019576AD9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   3351000 | PA      | $3503151.42   | 0.25%             | 2031-02-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                               | Allied Universal Holdco LLC                               | CUSIP: 019576AF4<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   3535000 | PA      | $3582588.84   | 0.26%             | 2030-06-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Allied Universal Holdco LLC                               | Allied Universal Holdco LLC                               | CUSIP: 019579AA9<br>LEI: 98450038B4549046D794 | Long             | DBT              | CORP              | US        |   3610000 | PA      | $3502157.86   | 0.25%             | 2028-06-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Ally Financial Inc.                                       | Ally Financial Inc.                                       | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |   2240000 | PA      | $2159631.06   | 0.16%             | 2500-12-31      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Altice France                                             | Altice France                                             | CUSIP: 02156TAA2<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | US        |   6010000 | PA      | $2142329.11   | 0.16%             | 2028-02-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| AMS-Osram AG                                              | AMS-Osram AG                                              | CUSIP: 03217CAB2<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | US        |   3138000 | PA      | $3344396.90   | 0.24%             | 2029-03-30      | Fixed         | 12.25%                | Yes           |                  2 | On Loan: No      |
| Aretec Escrow Issuer Inc                                  | Aretec Escrow Issuer Inc                                  | CUSIP: 040133AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3573000 | PA      | $3615797.07   | 0.26%             | 2029-04-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: —       |
| Aretec Escrow Issuer 2 Inc                                | Aretec Escrow Issuer 2 Inc                                | CUSIP: 04020JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3668000 | PA      | $4029898.78   | 0.29%             | 2030-08-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Avient Corporation                                        | Avient Corporation                                        | CUSIP: 05368VAB2<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | DBT              | CORP              | US        |   2320000 | PA      | $2338348.65   | 0.17%             | 2031-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Azorra Finance Limited                                    | Azorra Finance Limited                                    | CUSIP: 05480AAB1<br>LEI: 254900MC1HXDAVUUP395 | Long             | DBT              | CORP              | US        |   3520000 | PA      | $3590001.01   | 0.26%             | 2031-01-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 06738ECN3<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   2361000 | PA      | $2632515.00   | 0.19%             | 2500-12-31      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                              | Barclays PLC                                              | CUSIP: 06738EDC6<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | US        |   4399000 | PA      | $4426493.75   | 0.32%             | 2500-12-31      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| Bausch Health Companies Inc.                              | Bausch Health Companies Inc.                              | CUSIP: 071734AN7<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | US        |   4144000 | PA      | $3482867.81   | 0.25%             | 2028-06-01      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| Baytex Energy Corp.                                       | Baytex Energy Corp.                                       | CUSIP: 07317QAJ4<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | US        |   5390000 | PA      | $5393941.28   | 0.39%             | 2030-04-30      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Beach Acquisition Bidco, LLC                              | Beach Acquisition Bidco, LLC                              | CUSIP: 07337JAC1<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |   3420000 | PA      | $3557143.85   | 0.26%             | 2033-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Beacon Funding Trust                                      | Beacon Funding Trust                                      | CUSIP: 073952AB9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3530000 | PA      | $3485944.89   | 0.25%             | 2054-08-15      | Fixed         | 6.27%                 | Yes           |                  2 | On Loan: No      |
| Benteler International Aktiengesellschaft                 | Benteler International Aktiengesellschaft                 | CUSIP: 08263DAA4<br>LEI: 529900ZAFSOBVFCKF263 | Long             | DBT              | CORP              | US        |   8301000 | PA      | $8736802.50   | 0.64%             | 2028-05-15      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| Boeing Company, The                                       | Boeing Company, The                                       | CUSIP: 097023DU6<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3105000 | PA      | $3411329.05   | 0.25%             | 2064-05-01      | Fixed         | 7.01%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc.                                           | Bombardier Inc.                                           | CUSIP: 097751BT7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | US        |    153000 | PA      | $153837.45    | 0.01%             | 2027-04-15      | Fixed         | 7.88%                 | Yes           |                  2 | On Loan: No      |
| Bombardier Inc.                                           | Bombardier Inc.                                           | CUSIP: 097751CA7<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | US        |   2904000 | PA      | $3145547.63   | 0.23%             | 2030-11-15      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Bombardier Inc.                                           | Bombardier Inc.                                           | CUSIP: 097751CB5<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | US        |   4236000 | PA      | $4443821.97   | 0.32%             | 2031-07-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Bombardier Inc.                                           | Bombardier Inc.                                           | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | US        |   3356000 | PA      | $3476305.42   | 0.25%             | 2033-06-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Borr IHC Limited                                          | Borr IHC Limited                                          | CUSIP: 100018AA8<br>LEI: 254900WQF2MM46DNLY83 | Long             | DBT              | CORP              | US        |   5370466 | PA      | $4860650.75   | 0.35%             | 2028-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Buckeye Partners, L.P.                                    | Buckeye Partners, L.P.                                    | CUSIP: 118230AM3<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   2681000 | PA      | $2366663.63   | 0.17%             | 2043-11-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners, L.P.                                    | Buckeye Partners, L.P.                                    | CUSIP: 118230AP6<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |   5068000 | PA      | $4270032.20   | 0.31%             | 2044-10-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource, Inc.                                | Builders FirstSource, Inc.                                | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   8090000 | PA      | $7491701.54   | 0.54%             | 2032-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CCO Holdings, LLC                                         | CCO Holdings, LLC                                         | CUSIP: 1248EPCB7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6417000 | PA      | $6392545.20   | 0.46%             | 2029-06-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                | Cloud Software Group, Inc.                                | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |   2757000 | PA      | $2935063.16   | 0.21%             | 2032-06-30      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Compania de Minas Buenaventura S.A.A.                     | Compania de Minas Buenaventura S.A.A.                     | CUSIP: 204448AB0<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | US        |   2436000 | PA      | $2477214.42   | 0.18%             | 2032-02-04      | Fixed         | 6.80%                 | Yes           |                  2 | On Loan: No      |
| Connect Finco SARL                                        | Connect Finco SARL                                        | CUSIP: 20752TAB0<br>LEI: 2594001KNYIQ456J2792 | Long             | DBT              | CORP              | US        |   5014000 | PA      | $5049543.24   | 0.37%             | 2029-09-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Coty Inc.                                                 | Coty Inc.                                                 | CUSIP: 22207AAA0<br>LEI: 549300BO9IWPF3S48F93 | Long             | DBT              | CORP              | US        |   3160000 | PA      | $3235092.98   | 0.24%             | 2030-07-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Credit Acceptance Corporation                             | Credit Acceptance Corporation                             | CUSIP: 225310AS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8824000 | PA      | $8948644.21   | 0.65%             | 2030-03-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| DT Midstream, Inc.                                        | DT Midstream, Inc.                                        | CUSIP: 23345MAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1866000 | PA      | $1744055.03   | 0.13%             | 2032-04-15      | Fixed         | 4.30%                 | Yes           |                  2 | On Loan: No      |
| Dana Incorporated                                         | Dana Incorporated                                         | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |   3840000 | PA      | $3747230.59   | 0.27%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| EchoStar Corporation                                      | EchoStar Corporation                                      | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |      3928 | NS      | $108805.60    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Neptune BidCo US Inc.                                     | Neptune BidCo US Inc.                                     | CUSIP: 640695AA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4368000 | PA      | $4253517.60   | 0.31%             | 2029-04-15      | Fixed         | 9.29%                 | Yes           |                  2 | On Loan: No      |
| Nexstar Media Group, Inc.                                 | Nexstar Media Group, Inc.                                 | CUSIP: 65336YAN3<br>LEI: 52990083ZRR5UT591988 | Long             | DBT              | CORP              | US        |    505000 | PA      | $491875.67    | 0.04%             | 2028-11-01      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: —       |
| Helios Software Holdings, Inc.                            | Helios Software Holdings, Inc.                            | CUSIP: 42329HAA6<br>LEI: 2138002XO5EAYFHPPT53 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2082234.99   | 0.15%             | 2028-05-01      | Fixed         | 4.63%                 | Yes           |                  2 | On Loan: No      |
| Helios Software Holdings, Inc.                            | Helios Software Holdings, Inc.                            | CUSIP: 42329HAB4<br>LEI: 2138002XO5EAYFHPPT53 | Long             | DBT              | CORP              | US        |   6785000 | PA      | $6977262.54   | 0.51%             | 2029-05-01      | Fixed         | 8.75%                 | Yes           |                  2 | On Loan: No      |
| Nexstar Escrow Inc.                                       | Nexstar Escrow Inc.                                       | CUSIP: 65343HAA9<br>LEI: 5493006PK6I4I2OOT688 | Long             | DBT              | CORP              | US        |   1768000 | PA      | $1763630.42   | 0.13%             | 2027-07-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| NOVA Chemicals Corporation                                | NOVA Chemicals Corporation                                | CUSIP: 66977WAS8<br>LEI: 5493007M1XGU5E55ZJ25 | Long             | DBT              | CORP              | US        |   4633000 | PA      | $4457122.15   | 0.32%             | 2029-05-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: —       |
| Herc Holdings Inc.                                        | Herc Holdings Inc.                                        | CUSIP: 42704LAF1<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1546000 | PA      | $1618657.08   | 0.12%             | 2030-06-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Herc Holdings Inc.                                        | Herc Holdings Inc.                                        | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1547000 | PA      | $1621295.11   | 0.12%             | 2033-06-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Hess Infrastructure Partners LP                           | Hess Infrastructure Partners LP                           | CUSIP: 428102AH0<br>LEI: 54930017OTBAGY1G7D17 | Long             | DBT              | CORP              | US        |   1811000 | PA      | $1837871.73   | 0.13%             | 2028-03-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Hilcorp Energy I, L.P.                                    | Hilcorp Energy I, L.P.                                    | CUSIP: 431318AS3<br>LEI: 549300ITPIHLG0LHEC09 | Long             | DBT              | CORP              | US        |   6710000 | PA      | $6744443.64   | 0.49%             | 2028-11-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NOVA Chemicals Corporation                                | NOVA Chemicals Corporation                                | CUSIP: 66977WAV1<br>LEI: 5493007M1XGU5E55ZJ25 | Long             | DBT              | CORP              | US        |   5157000 | PA      | $5401372.64   | 0.39%             | 2031-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Brundage-Bone Concrete Pumping Holdings, Inc.             | Brundage-Bone Concrete Pumping Holdings, Inc.             | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7176000 | PA      | $7112608.44   | 0.52%             | 2032-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| BRE RC Pitney Road PA LP                                  | BRE RC Pitney Road PA LP                                  | CUSIP: 43283QAC4<br>LEI: 549300N3VQTF7M2MTD40 | Long             | DBT              | CORP              | US        |   3456000 | PA      | $3511333.57   | 0.26%             | 2032-01-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Hughes Satellite Systems Corporation                      | Hughes Satellite Systems Corporation                      | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3700000 | PA      | $3309933.94   | 0.24%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Odeon Finco PLC                                           | Odeon Finco PLC                                           | CUSIP: 67585LAA3<br>LEI: 9845003ECF9901CC5382 | Long             | DBT              | CORP              | US        |   4195000 | PA      | $4382536.97   | 0.32%             | 2027-11-01      | Fixed         | 12.75%                | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corporation                               | OneMain Finance Corporation                               | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   5359000 | PA      | $4943992.39   | 0.36%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hughes Satellite Systems Corporation                      | Hughes Satellite Systems Corporation                      | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3810000 | PA      | $2732152.26   | 0.20%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| Husky Injection Molding Systems Ltd.                      | Husky Injection Molding Systems Ltd.                      | CUSIP: 44805RAA3<br>LEI: 5493003ZDHRVP2N4C109 | Long             | DBT              | CORP              | US        |   2983000 | PA      | $3118348.29   | 0.23%             | 2029-02-15      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| OneMain Finance Corporation                               | OneMain Finance Corporation                               | CUSIP: 682691AF7<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1780000 | PA      | $1859907.85   | 0.14%             | 2031-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corporation                               | OneMain Finance Corporation                               | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   3370000 | PA      | $3488570.59   | 0.25%             | 2032-09-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Onesky Flight, LLC                                        | Onesky Flight, LLC                                        | CUSIP: 68278CAA3<br>LEI: 549300PM6NEPXGG5B882 | Long             | DBT              | CORP              | US        |   4751000 | PA      | $4945323.12   | 0.36%             | 2029-12-15      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| 1261229 B.C. Ltd.                                         | 1261229 B.C. Ltd.                                         | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3559000 | PA      | $3590902.02   | 0.26%             | 2032-04-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| IHOL-Verwaltungs-GmbH                                     | IHOL-Verwaltungs-GmbH                                     | CUSIP: 44963BAF5<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | US        |   3697000 | PA      | $3792497.50   | 0.28%             | 2030-11-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding                                             | Iliad Holding                                             | CUSIP: 449691AC8<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | US        |   3475000 | PA      | $3537197.64   | 0.26%             | 2028-10-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Open Text Corporation                                     | Open Text Corporation                                     | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | US        |   5998000 | PA      | $5817318.29   | 0.42%             | 2028-02-15      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| Open Text Corporation                                     | Open Text Corporation                                     | CUSIP: 683720AA4<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | US        |   5173000 | PA      | $4887963.20   | 0.36%             | 2030-02-15      | Fixed         | 4.13%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding                                             | Iliad Holding                                             | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | US        |   3115000 | PA      | $3329803.11   | 0.24%             | 2031-04-15      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Iliad Holding                                             | Iliad Holding                                             | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | US        |   3515000 | PA      | $3599448.37   | 0.26%             | 2032-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| ITT Holdings LLC                                          | ITT Holdings LLC                                          | CUSIP: 45074JAA2<br>LEI: 549300TH2PHOLK31LB42 | Long             | DBT              | CORP              | US        |   7663000 | PA      | $7290127.31   | 0.53%             | 2029-08-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Icahn Enterprises L.P.                                    | Icahn Enterprises L.P.                                    | CUSIP: 451102BT3<br>LEI: 549300T0G4GS0SINS786 | Long             | DBT              | CORP              | US        |   4091000 | PA      | $4061510.31   | 0.30%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PG&E Corporation                                          | PG&E Corporation                                          | CUSIP: 69331CAM0<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | DBT              | CORP              | US        |   3506000 | PA      | $3325347.85   | 0.24%             | 2055-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PRA Group, Inc.                                           | PRA Group, Inc.                                           | CUSIP: 69354NAE6<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   4966000 | PA      | $5097593.89   | 0.37%             | 2028-02-01      | Fixed         | 8.38%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                   | Level 3 Financing, Inc.                                   | CUSIP: 527298BZ5<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   3095000 | PA      | $3508177.89   | 0.26%             | 2030-12-15      | Fixed         | 10.75%                | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                   | Level 3 Financing, Inc.                                   | CUSIP: 527298CD3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   4116000 | PA      | $3725454.16   | 0.27%             | 2030-04-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                   | Level 3 Financing, Inc.                                   | CUSIP: 527298CM3<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |   3521344 | PA      | $3582791.80   | 0.26%             | 2033-06-30      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Liberty Media Corporation                                 | Liberty Media Corporation                                 | CUSIP: 530715AJ0<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | DBT              | CORP              | US        |   5487000 | PA      | $626912.19    | 0.05%             | 2030-02-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Lifepoint Health, Inc.                                    | Lifepoint Health, Inc.                                    | CUSIP: 53219LAU3<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   2871000 | PA      | $2678332.39   | 0.19%             | 2029-01-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: —       |
| Lifepoint Health, Inc.                                    | Lifepoint Health, Inc.                                    | CUSIP: 53219LAV1<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   6185000 | PA      | $6695615.91   | 0.49%             | 2030-08-15      | Fixed         | 9.88%                 | Yes           |                  2 | On Loan: No      |
| Lifepoint Health, Inc.                                    | Lifepoint Health, Inc.                                    | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |   3240000 | PA      | $3339623.03   | 0.24%             | 2032-06-01      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: —       |
| Lightning Power LLC                                       | Lightning Power LLC                                       | CUSIP: 53229KAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4101000 | PA      | $4316159.46   | 0.31%             | 2032-08-15      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| PRA Group, Inc.                                           | PRA Group, Inc.                                           | CUSIP: 69354NAF3<br>LEI: 549300Q5HW3JSSB86K27 | Long             | DBT              | CORP              | US        |   1954000 | PA      | $2032002.47   | 0.15%             | 2030-01-31      | Fixed         | 8.88%                 | Yes           |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                  | Lumen Technologies, Inc.                                  | CUSIP: 55024EAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3500000 | PA      | $3453205.00   | 0.25%             | 2029-04-15      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| MPLX LP                                                   | MPLX LP                                                   | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |     87200 | NS      | $4491672.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Macquarie Airfinance Holdings Limited                     | Macquarie Airfinance Holdings Limited                     | CUSIP: 55609NAB4<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | US        |   3241000 | PA      | $3388890.07   | 0.25%             | 2029-03-30      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Aventiv Technologies, LLC                                 | Aventiv Technologies, LLC                                 | CUSIP: 05358AAQ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    147860 | PA      | $141206.27    | 0.01%             | 2025-07-31      | Floating      | 12.06%                | No            |                  2 | On Loan: No      |
| Aventiv Technologies, LLC                                 | Aventiv Technologies, LLC                                 | CUSIP: 05358AAP9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     12134 | PA      | $8455.94      | 0.00%             | 2025-07-31      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| Global Medical Response, Inc.                             | Global Medical Response, Inc.                             | CUSIP: 00169QAG4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6760351 | PA      | $6764137.02   | 0.49%             | 2028-10-02      | Floating      | 9.83%                 | No            |                  2 | On Loan: No      |
| Macquarie Airfinance Holdings Limited                     | Macquarie Airfinance Holdings Limited                     | CUSIP: 55609NAD0<br>LEI: 549300MCGUSL5B852H65 | Long             | DBT              | CORP              | US        |   1217000 | PA      | $1287418.91   | 0.09%             | 2031-03-26      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Macy's Retail Holdings, LLC                               | Macy's Retail Holdings, LLC                               | CUSIP: 55616XAM9<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |   1179000 | PA      | $943291.14    | 0.07%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Macys Retail Holdings                                     | Macys Retail Holdings                                     | CUSIP: 55617LAR3<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |   3567000 | PA      | $3406202.96   | 0.25%             | 2032-03-15      | Fixed         | 6.13%                 | Yes           |                  2 | On Loan: —       |
| Majordrive Holdings IV, LLC                               | Majordrive Holdings IV, LLC                               | CUSIP: 56085RAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   8451000 | PA      | $6682589.54   | 0.49%             | 2029-06-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: —       |
| Manitowoc Company, Inc., The                              | Manitowoc Company, Inc., The                              | CUSIP: 563571AN8<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | DBT              | CORP              | US        |   4220000 | PA      | $4462538.55   | 0.32%             | 2031-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Marb Bondco PLC                                           | Marb Bondco PLC                                           | CUSIP: 566007AC4<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | US        |  13091000 | PA      | $11609199.99  | 0.84%             | 2031-01-29      | Fixed         | 3.95%                 | Yes           |                  2 | On Loan: No      |
| Maxam Prill S.a r.l.                                      | Maxam Prill S.a r.l.                                      | CUSIP: 57779MAA8<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | US        |   9120000 | PA      | $9121675.71   | 0.66%             | 2030-07-15      | Fixed         | 7.75%                 | Yes           |                  2 | On Loan: No      |
| McGraw-Hill Education, Inc.                               | McGraw-Hill Education, Inc.                               | CUSIP: 58064LAA2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3402000 | PA      | $3548677.20   | 0.26%             | 2031-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| MCE Finance Limited                                       | MCE Finance Limited                                       | CUSIP: 58547DAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7730000 | PA      | $7252413.70   | 0.53%             | 2029-12-04      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| A + N Real Estate & Business Management Corporation       | A + N Real Estate & Business Management Corporation       | CUSIP: 59565JAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5747000 | PA      | $5499103.90   | 0.40%             | 2029-08-15      | Fixed         | 5.63%                 | Yes           |                  2 | On Loan: No      |
| Mineral Resources Limited                                 | Mineral Resources Limited                                 | CUSIP: 603051AA1<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | US        |    986000 | PA      | $984348.06    | 0.07%             | 2027-05-01      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Mineral Resources Limited                                 | Mineral Resources Limited                                 | CUSIP: 603051AE3<br>LEI: 5299007V1ACKFFX2P066 | Long             | DBT              | CORP              | US        |   7758000 | PA      | $7920620.25   | 0.58%             | 2028-10-01      | Fixed         | 9.25%                 | Yes           |                  2 | On Loan: No      |
| Minerva Merger Sub Inc                                    | Minerva Merger Sub Inc                                    | CUSIP: 60337JAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3685000 | PA      | $3625625.18   | 0.26%             | 2030-02-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| MoneyGram International, Inc.                             | MoneyGram International, Inc.                             | CUSIP: 606950AA1<br>LEI: 5299002DLX0Q04KC4156 | Long             | DBT              | CORP              | US        |   5619000 | PA      | $5028828.62   | 0.37%             | 2030-06-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Mozart Debt Merger Sub Inc.                               | Mozart Debt Merger Sub Inc.                               | CUSIP: 62482BAA0<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   7007000 | PA      | $6727694.18   | 0.49%             | 2029-04-01      | Fixed         | 3.88%                 | Yes           |                  2 | On Loan: No      |
| NCL Corporation Ltd.                                      | NCL Corporation Ltd.                                      | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | US        |   3062000 | PA      | $3127971.92   | 0.23%             | 2032-02-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| NGL Energy Operating LLC                                  | NGL Energy Operating LLC                                  | CUSIP: 62922LAC2<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |   3386000 | PA      | $3419754.12   | 0.25%             | 2029-02-15      | Fixed         | 8.13%                 | Yes           |                  2 | On Loan: No      |
| Waste Pro USA, Inc.                                       | Waste Pro USA, Inc.                                       | CUSIP: 94107JAC7<br>LEI: 549300BY1QXU5BI3UF28 | Long             | DBT              | CORP              | US        |   2191000 | PA      | $2278705.12   | 0.17%             | 2033-02-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Watco Companies, L.L.C.                                   | Watco Companies, L.L.C.                                   | CUSIP: 941130AD8<br>LEI: 549300UK74AMHGBXZG45 | Long             | DBT              | CORP              | US        |   1785000 | PA      | $1863614.47   | 0.14%             | 2032-08-01      | Fixed         | 7.13%                 | Yes           |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                  | Wesco Distribution, Inc.                                  | CUSIP: 95081QAQ7<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   2651000 | PA      | $2729530.25   | 0.20%             | 2029-03-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                  | Wesco Distribution, Inc.                                  | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   3242000 | PA      | $3369474.53   | 0.25%             | 2032-03-15      | Fixed         | 6.63%                 | Yes           |                  2 | On Loan: No      |
| Wesco Distribution, Inc.                                  | Wesco Distribution, Inc.                                  | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   2821000 | PA      | $2915045.71   | 0.21%             | 2033-03-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Wynn Macau, Limited                                       | Wynn Macau, Limited                                       | CUSIP: 98313RAE6<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | US        |   7023000 | PA      | $6675888.23   | 0.49%             | 2029-12-15      | Fixed         | 5.13%                 | Yes           |                  2 | On Loan: No      |
| XPO, Inc.                                                 | XPO, Inc.                                                 | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   3365000 | PA      | $3415798.38   | 0.25%             | 2028-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Energean Israel Finance Ltd                               | Energean Israel Finance Ltd                               | CUSIP: N/A<br>LEI: 98450044QACBL3F8EB03       | Long             | DBT              | CORP              | US        |  15308000 | PA      | $15097515.00  | 1.10%             | 2026-03-30      | Fixed         | 4.88%                 | Yes           |                  2 | On Loan: No      |
| New Cotai LLC                                             | New Cotai LLC                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |        29 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Smurfit Westrock Public Limited Company                   | Smurfit Westrock Public Limited Company                   | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |        95 | NS      | $4099.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vantage Drilling International                            | Vantage Drilling International                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |      2101 | NS      | $25212.00     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| PetSmart, Inc.                                            | PetSmart, Inc.                                            | CUSIP: 71677HAL9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2051774 | PA      | $2026558.00   | 0.15%             | 2028-01-29      | Floating      | 8.18%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                           | Sabre GLBL Inc.                                           | CUSIP: 78571YBF6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    793174 | PA      | $777873.99    | 0.06%             | 2027-12-17      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                           | Sabre GLBL Inc.                                           | CUSIP: 78571YBG4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    677451 | PA      | $664383.36    | 0.05%             | 2027-12-17      | Floating      | 7.94%                 | No            |                  2 | On Loan: No      |
| Allen Media, LLC                                          | Allen Media, LLC                                          | CUSIP: 01771JAG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4902341 | PA      | $3112986.34   | 0.23%             | 2027-02-10      | Floating      | 9.95%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                           | Sabre GLBL Inc.                                           | CUSIP: 78571YBJ8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    632218 | PA      | $625896.25    | 0.05%             | 2028-06-09      | Floating      | 9.43%                 | No            |                  2 | On Loan: No      |
| CSC Holdings, LLC                                         | CSC Holdings, LLC                                         | CUSIP: 64072UAM4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7231210 | PA      | $7122813.86   | 0.52%             | 2028-01-17      | Floating      | 8.81%                 | No            |                  2 | On Loan: No      |
| First Brands Group, LLC                                   | First Brands Group, LLC                                   | CUSIP: 31935HAG2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4800063 | PA      | $4519066.94   | 0.33%             | 2027-03-30      | Floating      | 9.54%                 | No            |                  2 | On Loan: No      |
| ViaSat, Inc.                                              | ViaSat, Inc.                                              | CUSIP: 92555WAF2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3398250 | PA      | $3240027.48   | 0.24%             | 2030-05-30      | Floating      | 8.93%                 | No            |                  2 | On Loan: No      |
| Rocket Software, Inc.                                     | Rocket Software, Inc.                                     | CUSIP: 77313DAW1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3504682 | PA      | $3511411.08   | 0.26%             | 2028-11-28      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| Radiology Partners Inc                                    | Radiology Partners Inc                                    | CUSIP: 75041EAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3436635 | PA      | $3429968.31   | 0.25%             | 2029-01-31      | Floating      | 9.59%                 | No            |                  2 | On Loan: No      |
| Radiology Partners Inc                                    | Radiology Partners Inc                                    | CUSIP: 75041EAJ1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     62525 | PA      | $62403.41     | 0.00%             | 2029-01-31      | Floating      | 9.59%                 | No            |                  2 | On Loan: No      |
| Connect Finco Sarl                                        | Connect Finco Sarl                                        | CUSIP: L2000DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5311404 | PA      | $5032555.59   | 0.37%             | 2029-09-11      | Floating      | 8.83%                 | No            |                  2 | On Loan: No      |
| Staples, Inc.                                             | Staples, Inc.                                             | CUSIP: 855031AU4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2924949 | PA      | $2693029.90   | 0.20%             | 2029-08-22      | Floating      | 10.03%                | No            |                  2 | On Loan: No      |
| Gray Television, Inc.                                     | Gray Television, Inc.                                     | CUSIP: 389376BC7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4007553 | PA      | $4001100.54   | 0.29%             | 2029-05-22      | Floating      | 9.57%                 | No            |                  2 | On Loan: No      |
| Clarios Global LP                                         | Clarios Global LP                                         | CUSIP: C8000CAM5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2704597 | PA      | $2694454.32   | 0.20%             | 2030-05-06      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| Ahead DB Holdings, LLC                                    | Ahead DB Holdings, LLC                                    | CUSIP: 00866HAH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3490622 | PA      | $3491355.51   | 0.25%             | 2031-01-24      | Floating      | 7.30%                 | No            |                  2 | On Loan: No      |
| AMC Entertainment Holdings, Inc.                          | AMC Entertainment Holdings, Inc.                          | CUSIP: 00164CAD7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7017823 | PA      | $7079229.12   | 0.51%             | 2029-01-04      | Floating      | 11.32%                | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                                     | United Airlines, Inc.                                     | CUSIP: 90932RAP9<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2505178 | PA      | $2506230.50   | 0.18%             | 2031-02-22      | Floating      | 6.28%                 | No            |                  2 | On Loan: No      |
| CMG Media Corporation                                     | CMG Media Corporation                                     | CUSIP: 88145LAF1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3250490 | PA      | $3141240.59   | 0.23%             | 2029-06-18      | Floating      | 7.90%                 | No            |                  2 | On Loan: No      |
| Sabre GLBL Inc.                                           | Sabre GLBL Inc.                                           | CUSIP: 78571YBK5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3533754 | PA      | $3517851.91   | 0.26%             | 2029-11-15      | Floating      | 10.43%                | No            |                  2 | On Loan: No      |
| Kodiak Building Partners Inc.                             | Kodiak Building Partners Inc.                             | CUSIP: 50011JAF7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4800000 | PA      | $4617984.00   | 0.34%             | 2031-11-26      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| Advisor Group, Inc.                                       | Advisor Group, Inc.                                       | CUSIP: 00775KAK4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4504562 | PA      | $4511499.29   | 0.33%             | 2028-08-17      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Aretec Group, Inc.                                        | Aretec Group, Inc.                                        | CUSIP: 04009DAH7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3448959 | PA      | $3453615.37   | 0.25%             | 2030-08-09      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Flutter Financing B.V.                                    | Flutter Financing B.V.                                    | CUSIP: N3313EAG5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1629190 | PA      | $1623080.54   | 0.12%             | 2030-11-30      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| Aventiv Technologies, LLC                                 | Aventiv Technologies, LLC                                 | CUSIP: 05358AAT1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    132887 | PA      | $136209.28    | 0.01%             | 2025-12-24      | Floating      | 14.58%                | No            |                  3 | On Loan: No      |
| J&J Ventures Gaming, LLC                                  | J&J Ventures Gaming, LLC                                  | CUSIP: 46604BAH1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7083687 | PA      | $6993512.10   | 0.51%             | 2030-04-26      | Floating      | 7.83%                 | No            |                  2 | On Loan: No      |
| Great Outdoors Group, LLC                                 | Great Outdoors Group, LLC                                 | CUSIP: 07014QAP6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3506656 | PA      | $3496802.00   | 0.25%             | 2032-01-20      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| Pitney Bowes Inc.                                         | Pitney Bowes Inc.                                         | CUSIP: 72448FAW5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5657441 | PA      | $5640921.22   | 0.41%             | 2032-01-31      | Floating      | 8.08%                 | No            |                  2 | On Loan: No      |
| Fortis 333, Inc.                                          | Fortis 333, Inc.                                          | CUSIP: 34958SAB5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   4650290 | PA      | $4643035.55   | 0.34%             | 2032-02-06      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Vista Management Holding, Inc.                            | Vista Management Holding, Inc.                            | CUSIP: 92842EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3977445 | PA      | $3984087.39   | 0.29%             | 2031-03-27      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Vista Management Holding, Inc.                            | Vista Management Holding, Inc.                            | CUSIP: 92842EAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1076105 | PA      | $1077902.04   | 0.08%             | 2031-03-27      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| Aventiv Technologies, LLC                                 | Aventiv Technologies, LLC                                 | CUSIP: 05358AAV6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     69817 | PA      | $71736.89     | 0.01%             | 2026-03-25      | Floating      | 14.52%                | No            |                  2 | On Loan: No      |
| Tenneco Inc.                                              | Tenneco Inc.                                              | CUSIP: 880349AU9<br>LEI: 549300U0EXXFAQFAD785 | Long             | DBT              | CORP              | US        |   4535000 | PA      | $4484333.08   | 0.33%             | 2028-11-17      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Jackson National Asset Management, LLC                    | JNL Government Money Market Fund - Class SL               | CUSIP: 46628D395<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  59474502 | NS      | $59474502.50  | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** JNL Series Trust

**Signature:** Andrew Tedeschi

**Name of Signer:** Andrew Tedeschi

**Title:** Principal Financial Officer